9 00. I knew that there would be trouble this morning. I got myself seated good. Well squeeze you for everything youre worth. We needed a big name. Big name. We got one. It day after for december 26. Youre too kind. Then here you are. Here he is. What did you get . Anything good . I have switch, lump of coal . Hes a hanukkah guy. A lump of coal yes, but a lump of coal at some point probably worth something. Tet rate were going. Thats right. Youre no tree . I want a tree, my wife says theyre too messy. The trees are messy. The needs needles you have the festivus pole. Grievances you better go, sorry. Lets do the main headlines this morning. Of course, theres only one main story this morning. Its a familiar one. The looming fiscal cliff. Aides for both parties now saying a partial agreement or patch probably the most that we can be expecting before january 1. I think were dealing now with whether or not we can put off the the increase in tax rates. Thats really all we can deal with now.
Weren buffett. Hell be joining us with carol lumis. Lets get over to andrew, he has this mornings other top headlines. Good morning to you, becky. The Obama Administration saying that chinas currency remains significantly undervalued, but the u. S. Treasury department is now stopping short of labeling the worlds second biggest economy a currency manipulator. The white house is expected now to send the congress a multibilliondollar request on the recovery from Superstorm Sandy. The storm caused an estimated 71 billion in damages in new york and new jersey, and some congressional aides saying the request for funding would likely be at least 11 billion. The move comes as canada gets close to its decision on whether to approve the transaction. The Energy Companies say discussions with the committee are still in progress, and of course they had to file approval because they have extensive operations in the u. S. Gulf of mexico. The wall street journal reporting that virtue is emerging as th
Emily Blunt wowed on the red carpet at the 17th Annual American Institute for Stuttering Gala in New York City on Monday. The gala holds a special significance for the actress who stuttered as a child.
The 17th Annual American Institute for Stuttering benefit gala will be hosted by Emily Blunt, who has taken her personal stuttering challenges to turn them into a force for positive change and inspiration.
Credit default swaps play a productive role in U.S. andinternational financial markets. The Administration and Congress should encourage continued market improvements rather than imposingrestrictions or significant new regulations. To the extent that newregulation is deemed necessary, policy should focus onrationalizing the regulatory framework, not on imposing new rulesor creating new agencies on top of the existing ineffectivestructure.