Colleagues. It was a mostly ugly week for the market, and it ended really strongly. Its kind of schizophrenic. Whats going on . Well, the market was due for a fall after having the kind of rally it did, and it finally got an excuse this week when covid hospitalizations started rising. Its not in places like new york that have been hot spots before, but in places where it really hadnt been like texas and arizona. And that kind of freaked the market out because if there has to be shutdowns around the country at different places, it means that the economy cant come back as quickly as people thought. And this became a big risk. And with positioning extended the way it was, it was just the perfect rest recipe e for a selloff. Jack any idea why we had that nice bounce on friday . It was oversold going into friday morning . I think thats a big part of it. There really wasnt any news out there to make it go one way or the other. One of the things that might have been overlooked in the selloff
Oil did crack below 39 the s p 500 suffering its worst twoday slide in 4 1 2 years and stocks look to bounce slightly before the open. It is a new era for Disney Bob Iger has stepped down with a lot of questions, of course, why now . Techs tanking in correction territory with high names like alphabet, apple, amazon losing a combined 4 million on consecutive sessions the state department wiped out 1. 7 trillion in gains markets down 6 and jim, 7 on the s p, you think might be time to do something. Its interesting. You have to buy something. The cluster they find in america, i say it that way, got the green light to say it from the cdc and possibility of an ebola situation, remember, we lost someone in texas. That was a problem in texas. Would Something Like that here be shocking . We lost 14,000 people from the regular flu and perhaps the new flu and respiratory illness, its certainly possible. You will read everyday about somebody new and some new area, because the nature of the beast,
Paul welcome. Great to see you. Thank you for having me. Paul lets take this legal question starts with the assertion of alleged crimes starts with bribery. What you think of chairmanships definition of bribery . I suppose he is right if you accept the gerald ford famous definition of an Impeachable Offense that is whatever the majority of the members of the house of representatives decide what it is. You know, thats a political judgment and ignores history in the constitution. Lets start with the constitutional language which is where we should start. A president or any public official cannot be impeached unless a determination is made by the impeaching authority which would be the house that treason, bribery of other high crimes or misdemeanor has been committed but the only one. Paul the only one defined as treason so bribery they are now using bribery all the time. But that can be untethered from what the founders understood bribery to beat which was at least common law bribery and
Paul welcome. Great to see you. Thank you for having me. Paul lets take this legal question starts with the assertion of alleged crimes starts with bribery. What you think of chairmanships definition of bribery . I suppose he is right if you accept the gerald ford famous definition of an Impeachable Offense that is whatever the majority of the members of the house of representatives decide what it is. You know, thats a political judgment and ignores history in the constitution. Lets start with the constitutional language which is where we should start. A president or any public official cannot be impeached unless a determination is made by the impeaching authority which would be the house that treason, bribery of other high crimes or misdemeanor has been committed but the only one. Paul the only one defined as treason so bribery they are now using bribery all the time. But that can be untethered from what the founders understood bribery to beat which was at least common law bribery and
Feds fisa application. A criminal charge is coming. Think about what they did to carter page. They got a fraudulent warrant, i believe, to spy on myself as a way of getting into the Trump Campaign in has been a continued coverup to this very day. We still dont have the truth but hopefully well get that soon. If they could do that to him, they could do it to the Trump Campaign. They could do it to anyone, any politician. As americans we cant allow that. We must know who was behind this within the deep state. Who was tampering with the integrity of our system as well as who, what, when, where, why and how russia attempted to manipulate and divide us, something adam schiff, nancy pelosi and the Mainstream Media have been entirely complicit in. As i have said, they effectively have done putins dirty work for them. Dont forget the dubious money trail. It all originated with the socalled dirty dossier. Clintons campaign commissioned the Opposition Research from a foreign source who was out t