Trying to hide the costs of all of what we produce cry all these bad Business Cycles that naturally happen we go down we decline people become inefficient and this creates efficiency and capitalism but we dont want this to happen anymore because we dont want the feds friends to suffer so weve had this situation where the fed keeps on building up its Balance Sheet but also trying to encourage participants in the economy to imbibe and ingest and eat essentially all that bad debt so here is proof of this in terms of the junk bond market what the fed did by basically false advertising what they were doing the fed bought no bond e. T. F. None 0 zilch in august e. T. F. Holdings actually fell pot almost no Corporate Bonds the fed started buying Corporate Bond e. T. F. For the 1st time ever in may and Corporate Bonds for the 1st time ever in june these programs have been ballyhooed with enormous fan fare in the meat. That the fed would look up a special purpose vehicles with 750000000000. 00
Jcpoa, loud and clear. Welcome to the space station. Thank you. Great. Well, welcome and good morning from houston and thank you all for joining us today. We have many questions already in the queue for our crew. As a reminder for our media on the phone bridge please press star what if you have a question and start two to withdraw your question if he gets answered. Lets jump in. We will start with michael sheets from cnbc. Thanks for taking the questions and hope you can have a pretty well up there. Im curious to hear a little bit more about your experience testing out crew dragon in the interim time you have been up there, as well as if you guys feel like youre ready to come back now, given the amount of time its been already, but whether or not this experience is one that you would rather stay at there a come back down to test the splashdown . Thanks. Michael, thats some question. Ill see if i can remember all of them, but i think froman on on orbit testing standpoint we did have abi
President tests negative for codeine and pains is an unproven drug for his recovery. And u. S. Diplomats depart their closed consulate in chengdu as relations with china deteriorate. We begin with a spike in the number of new corona virus infections in spain outbreaks a prompted the u. K. Government to make a last minute decision to reimpose a 2 week south korean team for people who travel there and across the atlantic the u. S. Is experiencing record death tolls more on that in a minute but 1st some of the ngo has a story from europe. A Welcome Break on a beach in catalonia after an unprecedented lockdown would be difficult for most people to resist but amid these relaxed scenes and uncomfortable question is being asked is this the start of a 2nd wave of the pandemic on saturday almost 1500 new cases were recorded in the region most of them in and around the city of barcelona many of the new cases are young people showing mild or no symptoms at all it prompted a swift shutdown up. Nig
Fantastic group of panelists beginning with Mike Petrilli and chester finn. How to educate an american was brainchild of mike and chester and today they will share with us their original inspiration behind the book and why it seems the more important now to revitalize k12 Civic Education. Joining us today is david bobb come present of the bill of Rights Institute. David has worked for 20 years to build strong Civic Education programs that engage the hearts and minds of young people. Previously david worked at Hillsdale College and is the author of a book on the vital role of humility in politics. Welcome, david. Also joining us is jonah goldberg, the chair and applied liberty of the American Enterprise institute and the editorinchief of dispatch, unlike me he has authored the chapter in how to educate an american. Finally Sarah Morgan Smith director faculty at the sender which seeks to restore and strengthen the capacity of the American People for constitutional selfgovernment. Thank y
The next 30 minutes. San jose wet roads and overcast skies with a live look from our camera and day planner level one storm system even midday the chance of a thunderstorm popping up. Even some peeks of sunshine this afternoon with temperatures in the 60s. Thanks, drew. Now the effort to reopen the country. Three bay area counties will ease restrictions joining 48 states relaxing stayathome orders. This comes as the total number of cases across america nears 1. 5 million. Many of those people have now recovered and a new hot spot. Dallas, texas. Here in the bay area, marin, san mateo joined napa and solona and alameda and contra costa said they will move on soon. Allowing businesses to reopen will help the economy, which is one of the key areas were focusing on in an effort to build a better bay area. Amy hollyfield live in corte madera this morning with what this new phase will look like. Good morning, reggie. Some stores you can pick up your purchase curbside. And you can start going