Government has shifted focus from saving lives to save the economy counting the cost on aljazeera. Hi im Steve Clemons and i have a question well the coronavirus pandemic be the Tipping Point that takes us in to years of joblessness and poverty lets get to the bottom line. When we look around we see a lot of people who cant find work and a lot of businesses that have gone bust but there are some winners out there it seems like the Financial Markets are always winning at least from my Vantage Point economists usually say that they saw what was coming after the fact there are always rationalizations for the ups and downs of markets or of jobless rates of consumer and Business Confidence but lets take a look at the big picture my guest today is not afraid to go where many economists wont and to look at the key factors out there that predict a really serious financial and to some degree even social and environmental meltdown affecting each and every one of us all over the world hes not kno
Hope they do their job and get the message down there. Elizabeth ford, great to see you. Come back soon is. Always great to be with you, e. Mac. Thank you. Elizabeth psalm here. Next up, to the new narrative. The democrats in the media are now pushing that the Trump Administration is moving federal forces into u. S. Cities not to just help stop the violence thats killing minorities, not to stop the root rioting and the looting thats destroying businesses, massive destruction there. Democrats in the media now say trump doing this, its all just a preview for trump to use federal forces to, quote, steal the election. Trump add Advisory Board member Ken Blackwell our guest on this next. The federal government has a sworn duty to uphold the laws of the United States through field offices and federal facilities across the country, these agents protect and serve the american people. Ra 15 credit on car and motorcycle policies . Wow. Ok thats 15 on top of what geico could already save you. So
Of the surge in new cases. Ill have more on that in a moment. We are getting new information on the twitter hack. It wasnt just a handful of celebrities. 130 accounts were targeted and it appears to have been an inside job. That is serious stuff. Im not sure that Twitter Twitter is up, thats right. Im thinking of another stock. Okay, twitter is up just a fraction. It is serious stuff about twitter. Weve got an analyst on the show who says it might have been a test run for something much bigger. Time to drop your twitter account . We will ask the question and get an answer. More on that coming up, too. Lets get to the market. This week we have seen a shift away from big tech and towards smaller companies. The russell index of small cap stocks, for example, up 3 this week. The dow industrials, down just over 2 . This morning, we will open with a nice gain for the dow, up maybe 100 points, 26,600. Look at the nasdaq. Theres a bounceback for you, up 100 points at the opening bell. All righ
Are suing democratov to reopen e schools. But first, a stimulus deal between republicans and the white house is in the works. Majority leader Mitch Mcconnell is said to strategize in about half an hour with his caucus. He is expected to unveil the plan later today. Were getting details what might be in it and when might not be in it. Fox news Congressional Correspondent chad pergram on capitol hill with the latest and apparently a payroll tax cut deduction may not be in this, right . Reporter thats right. Well talk about that here in just a second. Ev this tenne particular set of spending, the easy part, the appropriations part. So Mitch Mcconnell, the Senate Majority leader Mitch Mcconnell will run through those details with his conference here in the next half hour or so. This is so fragile right now, we dont have a lot of meat on the bone. That is why Mitch Mcconnell has been hasnt said anything at this morning. I will run through what we do know here. There are a couple of details
Precinct yes, that is the same as the c. H. O. P. Protest precinct. At least two people were arrested, a dozen Police Officers were injured, one of them hospitalized. And in portland there have now been 53 straight nights of demonstrations and riots downtown. Federal officers once again had to use tear gas and force to break up the lawless mob of antifa and black lives matter rioters. President trump today vowed to send more federal officers, more federal agents to deal with the unrest and violence in the pacific northwest. Were sending Law Enforcement. Portland is totally out of control. They were ripping down for 51 days ripping down that city, destroying the city, looting it. And they really have done a fantastic job in a very short period of time. No problem. They grab em, a lot of people in jail. These are anarchists, these are not protesters. These people are anarchists. These are people that hate our country. And were not going to let it go forward. Lou portlands radical dem act