Lawyers, lawyers donts play fair. They argue two things. They can argue, look, the person didnt do the crime. The person wasnt guilty. But usually in a political scandal the argument is there wasnt enough proof to find them guilty beyond a reasonable doubt. Very high standard. Its not theyre blameless, its not theyre innocent. But we say wed rather let 100 guilty go free than convict one innocent man. So were were loading it to a very high standard. The other thing that lawyers argue, which the public sometimes has trouble with, is procedure. If you didnt get that evidence into the courtroom properly, then it cant come in. If you didnt share exculpatory information properly with defense, those are procedural violations which can equally invalidate a verdict. And im happy to argue both. So, thats thats kind of what were going to go through. One word from last week. Last week was the allure of the white house tapes. And i went through a bunch of them with you, perhaps too fast. What i fi
[highpitched rewind whine] [projector humming] i grew up as a bigheaded baby in seattle, moved to nicaragua when i was three, made friends with parrots and sloths. Moved back to Washington State when i was five, learned to play the bassoon. Moved to illinois and joined the drama club, and eventually, i landed in los angeles as dunder mifflins assistant to the regional manager. Please welcome rainn wilson. Rainn wilson. Yet for all my success, my wife and son, whom i love, a nice house, people tattooing my face on their feet. [beeping, whirring] [sighs] youd think id be happier. [upbeat music] but like so many others, i struggle. To find fulfillment. Amy. To find true joy. I need to be honest with you all. Its just ive been going through a really hard time recently on a number of different levels, and ive been feeling a little bit low, a little bit less than, a little depressed and humbled and lost these days. And so ive churned through countless therapists and selfhelp books. Ive tried
Policy plans for Small Business after she called a charm for his Business Practices in Atlantic City. Another Fatal Police Shooting to report. Protests growing after a man was shot during a traffic stop in minnesota with a oneman child in the vehicle. Latest developments coming out. Half a million hoverboards. Companies polling devices out of stores. More competition in the auto industry. Alibaba and done a smart car. Mark is this morning looking as fighting for games. The Dow Jones Industrial average expected to open up a fraction. Later this morning we would get the latest on john did the adp report for the private Sector Employment out ahead of tomorrows jobs report for the month of june. Markets are higher across the board. The british pound bouncing back from the 31 year low giving some support for equities. In asia overnight, next action. The shanghai composite flat on the day world it edged down better than half of 1 . The hang seng and the cost be rising as you can see better t
Suppliers and manufacturers have recognized the challenge we face for this century, literally this weapons platform will be critical to our national defense. We we can look back and draw lessons and we should from the challenges that cause that improvement to take place. Maybe even the overall conceptual framework as you suggested should there have been more individualization of the platform for different services. But i can well recall that the conventional wisdom not so long ago was the services should get together and collaborate and the by a single fighter and that was the wisdom does your of contracting in its day. Now maybe lessons point in different directions. I hope we will learn lessons from this experience but there has to be a recognition that this weapon platform will do things that no fighter engine or platform has done in the past, would you agree doctor fillmore . The investment ranking is large and the need that we have is large to deal with the threats that currently
Performs quite well across the range of different assumptions of how the economy is structured and operates. Despite these attractive features, i do not believe any prescriptive rule including the taylor rule can take the place of a Monetary Policy framework that has the collective assessment of a larger number of factors that impact the Economic Outlook. As i say, the taylor rule has significant shortcomings that could be detrimental to attainment of the mandated objectives. Not just theoretical but very relevant to Monetary Policy in recent years. First, the taylor rule is not forwardlooking. Its policy prescriptions based on the current size of the output gap in the deviation from the feds objective, not how these examples are likely to evolve in the future. In a rapidly changing environmt, the taylor rule and other similar will be behind the curve. Rulee fall of 2008, taylor were above the level of rates at the time. And a sharp, tightening financial conditions that occurred during