Hard to digest the news. Well cut right at it, give you the details in a moment. Overall, the market lacks real direction. The dows going to be up maybe 15, s p up 10. Nice gain for the nasdaq though, all green at this point. Politics [laughter] can you say softballs . One after another, they were lobbed towards joe biden at the cnn town hall last night. Not very good preparation for the first president ial debate which is, by the way, 11 days away. The standout for me came when biden suggested that if the president had acted sooner on the virus, all those people would not have died. So the president killed 190,000 people . Not a word of pushback from the moderator, cnns moderator. Today biden goes to minnesota, an opportunity for him to clarify his position on urban rioting and defunding the police after the minneapolis disturbances. And get this, the president will also be in minnesota today. You can bet hell brung up law and order bring up law and order. Mr. Trumps press secretary,
Wisconsin, pennsylvania, and arizona. Ncaa officials, university leaders, and armor student athletes testified to a senate panel about the benefits and challenges of allowing College Athletic programs and athletes to profit from the use of their name, image, or likeness. They also talked about the impact of the coronavirus on College Sports. I had to participate in the environment and public works committee. We have a quirky rule in the if in our committees you want to vote no by proxy, that counts. If you want to vote yes by proxy, that doesnt count, so i had to be there in person. We cannot get started. Are you ready . Thank you so much. This hearing will come to order. Convenes toommittee discuss the issue of compensating student athletes for the use of their name, image, and likeness and il nil. I welcome our panel of witnesses and thank them for. We will hear from the vice chancellor Intercollegiate Athletics from university of mississippi, my alma mater, where a letter in zero sp
As an ecommerce site when youre talking about doing that what youre actually doing is youre strengthening the monopolies that these Tech Companies already have the stranglehold they already have and by going around using the full force and might of the u. S. Government youre preventing any kind of foreign competition to companies that are not benevolent companies or companies that have abused their power in the past and will only continue to increase that abuse as they are the only game in town not jeffrey what about that point that ben is making here i mean these moves are actually antitrust or anticompetitive practices but are being issued by Big Government instead of another company do you see it this way as well. Ben is absolutely right and ill tell you Something Else is absolutely right is that the spokesman for the Chinese Communist party i hate to say. You know when the communists are preaching markets and competition and the u. S. President is d is is using a wild experiment in
That this is just another example of how the u. S. Is violating its own free market principles. Because as a dummy so zizi once again proves that the socalled freedom and security are nothing but an excuse for the digital gunboat diplomacy pursued by some us politicians. Do this type of bullying d is a blatant denial of the market economy and various competition. That the us has only has advocated. And joining us now to discuss is boob us coast investigative journalist ben swan and Jeffrey Tucker editorial director with the American Institute for Economic Research thank you both for joining us but i want to start with you here because we know youve been very critical of the u. S. Stance on Chinese Companies including this move over to so does this latest statement i mean he just matched it over ali baba does it surprise you. It doesnt surprise me it disappoints me i continue to be disappointed by these decisions by the Trump Administration really to take the stance look i have a huge p
Give their technology and they give access which is what the u. S. Says to the Chinese Government but the u. S. Is still never produced any evidence brant of this never shown any evidence that this actually happens now theyre saying the same thing about ticktock that all this data can be kind of sent over to the Chinese Government but they havent shown proof that thats happening and heres my biggest concern about all of it is when youre talking about getting rid of take talk or forcing it into another big American Tech Companies hands when youre talking about getting rid of ali baba which is really the only true competition to amazon anywhere in the world as an ecommerce site when youre talking about doing that when youre actually doing is youre strengthening the monopolies that these Tech Companies already have the stranglehold they already have and by going around using the full force and might of the u. S. Government youre preventing any kind of foreign competition to companies that