Foundation, a john and polly guth charitable fund. The clements foundation. Park foundation, dedicated to heightening Public Awareness of critical issues. The herb alpert foundation, supporting organizations Whose Mission is to promote compassion and creativity in our society. The bernard and audre rapoport foundation. The john d. And catherine t. Macarthur foundation, committed to building a more just, verdant, and peaceful world. More information at macfound. Org. Anne gumowitz. The betsy and jesse fink foundation. The hkh foundation. Barbara g. Fleischman. And by our sole corporate sponsor, mutual of america, designing customized individual and Group Retirement products. Thats why were your retirement company. Welcome. The Sherlock Holmes of money in politics Trevor Potter is here with some clues to what the billionaires and super pacs got for their lavish spending in the most expensive election in our history. In a nutshell, you aint seen nothing yet. But first, if youve been curio
And what i know here, if we look at the democratic races, a great deal of their competitive races have occurred when the candidate is leading in National Polls readers for the election. So right now doesnt run. Ted kennedy in 1972 and again in 1970s pics three years before the primaries he was the leading candidate. He didnt run. Gary hart dropped out in 1997. Mario cuomo didnt run in 1992. Hillary clinton didnt run in 2004. And each of those democratic years wound up being more competitive. We see a whole lot less agreement among party insiders. Im not showing it in this paper, but the endorsement data for these elections is a lot less consensus among democrats. They are dividing their support among different candidates, but also importantly much more of the Democratic Party establishment spits out. They dont make an endorsement at all. We see that in the republican side of it in 2008 and 2012. For republicans in those years mitt romney, for example, was the consensus pick of the esta
Congressional, but generally, you know, voters dont have a ton of familiarity with the people on that ballot. So i think for the voters it was actually a pretty typical election. There and you remind me what the other questions were . So the others were would you expect a similar effect in a higher visibility race, and would you expect the parties really to start weighing in this more often in primaries, primaries and higher level races such as for congress . So they, these endorsements were for congress as well. So we actually have a pretty broad distribution state assembly, state senate and congress. Its just a general mix. And so i would expect them to continue doing that. I think one of the key questions is how much primary competition will there be in the future, how much of what we saw in the 2012 was a function of the redistricting which was also pretty radical in california in the basic sense that it moved the lines a lot. Theres a lot of uncertainty about who with am i represe
Her senate hearing. She would be the first woman to head the fe there was little ranker and it appeared she will be easily confmed before benbernankes term end on january 31st. The market sets records all week. The dow hit its third all time highll week as did the s p 500. E nasdaqhitting a 14year high. The markets continued tclimb on friday. Sysco beat on profits but t revenue was short expectations and it has poor idance. The compan stock got hit. The 23yearold founder of snap chat, a smart phone application that makes picres disappr after they are sent tued down an offer to be facebk for 3 billion. Zero in revenuend they turd down a an offe they are hopef of a bigger offer down the road. The nonee to head the fed faces tougquestions on capitol hill. Joining us now to talk aut all of that and a lotmore, heidi ore moand alison deans. Good to see you. Thanks f joining us. Alison, the bigews of the week, janet yellen iner senate hearing. It looks like she will be nfirmed. Looks like she
China and india because theyre large, big countries. But theres absolutely no intent on challenging soa. The chinese are building up forces and we have to watch that and asked for greater transparency. But theyre doing too good a job selling it to us. And so while i watch china with great interest as a professional manner, im not up to be china is going to become an enemyfg because it got nowhere been our enemy in the past and have gotten very far by not being counting the enemy. If you read the consequences as interest we need to have a clear idea of who would be taking over to power. With respect to iran, we need to put pressure on them. They are not going to give up their Nuclear Program easily. We have been trying to do this for eight or nine years. They keep insisting that its just for the production of power. But i have seen some of the things that have evolved. So you cant trust them. The solution may well be okay, if all you want is power, lets talk about how you can do that i