Ahead of the. Connell the story has been there for years and the effect of the Federal Reserve easing money policy. You would think on the economy and the Federal Reserve is able to prop up and help our economy here over the last few years, some would argue our economy should have been strong or you wont get the argument that the stock market should have been stronger, no doubt the Federal Reserve has helped stockmarket. Submitted into evidence, the Federal Reserve Balance Sheet compared to the Dow Jones Industrial average and the two charts basically track each other. What does that mean, the Federal Reserve Balance Sheet is the fed pumping money into the economy, what has been known as quantitative easing, buy bonds, keep Interest Rates low, stocks have gone up. The theory here and the evidence and the chart is here to support it that the fed who you think would be there to support the economy and help the economy for years has been helping the stock market so what will happen to the
Winners and losers, we want an opportunity economy. Instead of the same outdated model in washington, we are working on solutions that empower you to achieve a better life. Already, we have it enacted reform. Now seniors will have the peace of mind to count on medicare and tax payers will save 3 trillion of the long term over the longterm. We have a balance edge of plan budget plan, and we have enacted tools to fight human trafficking. And we have a plan to advance an american trade and promote jobs. We ended the bulk collection of phone data and ensures that congress will have a say on the iran nuclear deal. That is just the last seven months. Since 2010, when you first elected a republican majority we reduced spending by more than 2 trillion, the most significant spending reduction in modern history. We projected 99 of americans from tax increases. We achieved job skills, student loans, and medicare medical reforms. We stopped the transfer of detainees into the u. S. We enacted a mea
Information people are putting onto these web sites to begin with. And secondly then, we need to customers themselves need to be educated to make sure that they understand what their rights are and that they ask the hard questions before just giving very personal information. Host well, joining our conversation is dustin foltz of the national journal. You joined a few lawmakers earlier this week in introducing or writing a letter to the Government Accountability Office Asking them to take a look at what the government and the private sector are doing to, after data breaches, how theyre helping and responding and helping customers. It seems as though the sense of the letter is more needs to be done. Is it your sense that both the government and the private sector are really not responding to data breaches the way they need to effectively . Guest well, the government and the private companies theyre saying that theyre giving protection to customers. I think in opms case, it was 18 months
This week on the communicators were going to talk with the congressional cochairs of the privacy caucus and the cybersecurity caucus in congress. First up representative diana to get democrat of colorado serves on the energy and Commerce Committee and she is the privacy caucus cochair. Representative to get when it comes to technology where do you go your personal line between privacy and security . I think that most people who are putting information onto the internet whether its their Social Security number or other information they think its going to be secure most of the time. Unfortunately as we have learned all too well last year now american and israeli secure from cybersecurity breaches. Is there a remedy of any type and what can we do to protect that information . Of course both private companies and the government trying to keep up with these hackers but we have seen attack after attack. The most recent attack of course by the office of Personnel Management but also in privat
Segment who age out. Amongst that group theres a high prevalence of prison involvement. Im not sure its actually 70 . I dont have the number in front of me, but its much higher than we wouldment. By supporting youth, preparing them for aging out, when we failed them by aging out, and preparing them after the age out, that number is hopefully coming down but its still a concern. Lets go to cora in louisiana, also had experience in the foster system. Cora, good morning. Caller hi. How yall doing . Good, cora. Go ahead. Caller okay. Im calling concerning foster care and ocs. You know, you dont stand a chance. They dont help families get back together. They tear them down. When they go to court, it dont be one of them, it be a whole bunch of them. And they tell all kind of lies about you. I mean, i have experienced this. And i had a grandson in tampa florida. He was in foster care of relatives. He was raped. It was just swept under the rug like nothing. I also have a son, they took his chi