Welcome to the program, the philippines is in a state of calamity and the world is responding and millions of dollars are pouring in and they are sending war ships following the worst storms in history and the number of people dead is climbing and put the total at 1744. However, the u. N. Says 10,000 people are feared dead in a city of tocloban and millions left their homes and aid is extremely difficult. In total close to 10 million have been effected by the disaster. We have reporters covering different areas of the country. Later in the day we will hear from wayne who is in one of the worst hit areas and we are in the capital manila looking at aid distribution and we have one in northern sadoo and people were in desperate need of food and a few aid workers reached the area and this is a update she filed a short time ago. Attention from rescue workers so far and people are quite desperate for food and water. This is basically an area and driving through the island there is no damage
Lenders. I think thats something that id like to talk a little bit about here today because members of our military have to resort to financing from these predatory lenders all too often. We know military Service Members are three times more likely than civilians to use predatory payday loans that charge exorbitant rates. Thats three times the civilians use. The military families carry 10,000 or more in Credit Card Debt compared to 16 for civilian frames. 10 of military families carry more than 20,000 in debt compared to just 7 of the civilian families, and more than half of military Service Members are not saving for the future and have trouble paying their monthly bills. Thats why this morning, i reintroduced my military savings act which is legislation i previously introduced in the house of representatives, and the bill would promote Savings Rates among military Service Members and decrease their need to turn to predatory payday lenders in times of financial crisis. The bill establ
And all of the major averages are doing very well today. The dow and s p are in record territory. Have you seen the transports . Even though oil is up sharply today . Transports up 3. 4 . Also in record territory. Big recovery there. Transports are recovering. Technicians want to see the dow move up together. Also big interviews after the bell tonight. We have clorox ceo here. Both here tauming about earnings and the economy. We will also ask about a new report that the ratings industries are loosening standards again. That reaction, stay with us. Takes a look at sfly. It is a pretty picture. You got that . Got it. Got it. Stock soaring on news that it actually lost money but not nearly as much as the street had expected. So it is off to the races for shutterfly today and its ceo will be here in a few minutes. We will talk about how you make money in that growing part of this business. So shall we check where we stand right now going into this final hour . Here are the numberes. Dow jo
Be on this stage with these remarkable, indeed, extraordinary women, and i want to recognize, if i may, very quickly, another woman of courage, the first lady was kind enough to introduce her but she marched against apartheid as a student in south africa. She worked hard in the decades since to improve the lives of women with respect to the environment and health, and i am delighted to call her my wife. [applause] as you know, i returned less than 48 hours ago from europe and the middle east where i visited the countries that represent a very Broad Spectrum of progress on gender equality, and i met with dozens of leaders, but i also listened to a lot of every day citizens. People who, like todays honorees, know that you dont have to be elected or appointed in order to make a difference. I spoke with one woman in berlin. She is muslim. She told me she is part of an organization of teenagers who have created a dialogue about equality and tolerance, so my friends, steps from the markings,
Ha ha. As the bank, its my responsibility to give julia back her money when she wants it back. Im supposed to be keeping it safe, right, so its here when she needs it. But, in reality, until she needs it,ive got it. Look at all of this money ive got, who. Right . If i, as the bank, do something so stupid with julias money that i lose it, right . Its gone. Cant find it. Heres a pen. Now its over. And i dont have the money to give back to her when she comes back and asks for it . Wheres my money . Well, it turns out, as aback, it turns out the taxpayers are actually on the hook to make you whole. To make sure that you get your money back, even though i lost it. So here you go. Sorry. What happened in the financial crisis was basically doing this in your money. Theyre basically taking your money to strip clubs and playing three card monty with the guy in the alley. And when all of those risky transactions failed and they lost all of that money they were playing with, guess who was on the