Charge of the recovery act, and it was hard as hell to get the votes to begin with, and then it was hard as hell to get the numbers we got. One thing we learned is we cant do too much here. We can do too little an and sputter. The speech youll hear follows the jobs report this morning. Yes, the Employment Rate is down, but only 40 million jobs was added to the American Economy. That makes it clear that the impacted American Economy is still very much in trouble. The Senate Meeting ended early this morning with the Senate Passing a budget resolution. This morning the house will take up that resolution and it will clear the runway for democrats most likely to go it alone with a covid relief bill that is very much on top of the wish list. Theyre meeting with the president this morning at the white house, and the Committee Chairs said they will start Writing Details of the budget plan next week. With us to share their reporting and insights, phil mattingly, Christine Romans and sun moon ki
bring down inflation or ease up on the fight to calm the banking sector. downplayed the federal reserve through all of this. we started out the sa santa clas by bringing zero interest rates which pushed people out of saved investments into venture capital. they became the arsenate dome arsenate during covid m no one would loan it to us the $5 trilf thin air and that caused inflation. but don t worry, they came in as the firefighters to put the fire out by dousing it with high interest rates. now, they are like the triage doctor to stabilize the patients, which are the banks. ashley: alexandria hoff with more from washington, alex. good morning, the federal reserve is in a tricky spot with rising consumer prices being revealed today. it has led to a rate hike but giving the turmoil the interest rates have caused the fight against inflation may have to be placed on hold. it was an attempt by silicon valley to lower interest rate risk which led to selling off securities we
playing field that even with the quote, even after squandering all those even afte squandering all thos elon musk is still the second richest human being on the planet. and on that note, that does it for us tonight. rachel will be back on monday. alex will be back on tuesday, and my own show, here on msnbc, we ll be back on sunday night on 8 pm, but now it s time for the last word with ali velshi and lawrence o donnell. that was a segment after my own heart. what a world, right? a guy can lose 182 billion dollars, 182 billion dollars and just man in the world. i mean, that says it all. one doesn t need any more. with which tells you he had too much in the first place. no human being should have that much money even on paper. i am glad know about your segment about how folks are getting worried about the gas stoves in the culture wars and dr. seuss. and i remember donald knew trump talking about not enough water coming into the shower and asked to flush several times t
182 billion dollars 182 billion dollars and remain the second richest man in the world. that says it all. one doesn t need which tells you that he had too much in the first place and no human beings should have that much even on paper. it s ridiculous. i m glad, though, about your segment about how people are getting more worried about the gas stoves and you are talking about the culture wars and dr. seuss. and i remember don trump talking about not enough water coming into the shower and asked to flush several times to get it to work. but i m glad about that because what they re missing is the actual subversion going on in america tonight with two brown muslim guys anchoring primetime back-to-back on a major american network. i mean, go crazy. don t say it out loud. they re worried a bass about gas stoves. they re not worried about us, mehdi hassan. have a good weekend, my friend. i ll see you sunday night. you too. all right, buddy. breaking now, we now
This is bloomberg surveillance. We have a lot of news out. There is a new poll out. And we need to focus on bronze. An it has been extraordinary 20 four hours in finance and american politics in general. Lets get to the bloomberg first word news with taylor riggs and breaking news. Yes, we are following that news, a new Bloomberg Politics National Poll Shows Hillary clinton maintaining her lead over donald trump. Candidates, her lead goes close to the margin of error. Donald trump was in North Carolina when hes suggested that gun supporters could stop clinton. Abolish,y wants to essentially abolished, the Second Amendment. Judges,ets to pick her nothing you can do, folks. Although the Second Amendment people maybe there is. Taylor the Clinton Campaign responded quickly, saying what he said was dangerous. Quoted saying that he makes threats because he is a coward. The brazilian president has been impeachment trial. , turnbull winning reelection last month. Trying to derail the survey bu