Lori apple downgrades piling up on the stock, but we have the one who says this is the time to buy the stock on the cheap and he is not watching his 1111 pershare price target. Is he right . The stocks soaring as a whole. Melissa the next round of texastaxescome he may not even e your money is gone. Lori lets check in with nicole on the floor of the New York Stock Exchange. Wall street optimistic for fiscal cliff deal . Nicole that is right, as a deal gets closer and closer, the sentiment is it gets done at least partially in some way shape or form. Talking to the traders, that is what they say the market is telling you. Positive results out of washington have been priced into this market. The Dow Jones Industrials dropped nearly 1 . The nasdaq up 1. 4 . A look at the dow jones intraday with a majority of the dow components all into the green, names like bank of america leading the way, oil services all doing well, and talking with Equity Partners and said why does it pop right now if
Of the most unforgettable figures of the 20th century. All that still to come in the show. We want to begin this morning with the republican dilemma over what to do about president obamas immigration action. Clear that most everyone in the Republican Party is angry with the president for his executive action and its clear that the conservative base wants lawmakers to respond. The party cant agree on what exactly its going to do here. So, the conservative media site puts it in their headline. Republicans leave town without a plan to fight obama quoting further, the many desperate ideas leave republicans without any clear course of action after the president moves forward since congress has recessed. To discuss this joined by our panel this morning, we have msnbc contributor Jonathan Capehart and senior congressional reporter and will cain joins us, as well. The question what republicans do from here, will, ill start with you. I wonder why i picked you for this. Heres what i see. We talk
Ensures people will watch his speech tonight. Heres the thing. You have to give donald trump one thing, hes good at p. R. He just grabbed the attention of the entire world by going down to mexico and he ensures that practically every american paying attention will be looking at both this statement and his speech tonight. Isnt that exactly what he wants, this pivot on immigration thats more inclusive. Hes going to have people actually watching it, so hopefully having the biggest maximum effect. John thomas, republican, is donald trump taking any risk with this . Yeah, he is taking a risk. Hes taking a risk that he goes down there and the meetings doesnt go well, and the president rebukes him, or theres an unscripted meddss annumessage, but the juice is worth the squeeze. And this trip is smart if it goes as trump thinks it will go, it undermines the main attack on donald trump that he doesnt have the temperament to play in the sandbox with those who he may not see eye to eye with and he
Do you feel, lawrence, that you have clarity about how the democrats are going to pursue this . I do not. Its not a version of this that weve seen before, but i do believe they can work it out. I actually think the pelosi structure of this saying that all six committees are involved now in an impeachment inquiry is designed to allow sharing of information from one committee to another that otherwise might not be easy to do. Especially information from the Intelligence Committee to any other committee and the ways and Means Committee if they have information will be in the form of the trump tax returns eventually. So its designed, i believe, to facilitate that, but ultimately the Impeachment Committee is the house Judiciary Committee. Theres just no constitutional way around that. Yeah. And there arent very many precedents in history for how to do this sort of thing, it just hasnt happened very many times. Talking with Financial Services Committee Chairwoman Maxine Waters today, its sur
Weve seen before, but i do believe they can work it out. I actually think the pelosi structure of this saying that all six committees are involved now in an impeachment inquiry is designed to allow sharing of information from one committee to another that otherwise might not be easy to do. Especially information from the Intelligence Committee to any other committee and the ways and Means Committee if they have information will be in the form of the trump tax returns eventually. So its designed, i believe, to facilitate that, but ultimately the Impeachment Committee is the house Judiciary Committee. Theres just no constitutional way around that. Yeah. And there arent very many precedents in history for how to do this sort of thing, it just hasnt happened very many times. Talking with Financial Services Committee Chairman Maxine Waters today, its surprised with what you just said there, it surprised me to hear her say she thinks this will happen very fast, that this is a short time fram