Regulation is 1. 9 trillion to 1. 9 trillion. These businesses pass on the cost of these regulations in the price of there products. Families are spending about 15,000 a year for businesses to comply with government regulation. I am sure that we can agree mr. Chair, the businesses need to be fairly regulated. But when those regulations are killing jobs that is just not right. Several years ago in aa highly partisan vote with very little republican support for 2300 page. Dot frank bill was passed and since then theyre have been mountains and mountains of regulations and rules designed to smother our Financial Services industry. One part of dodd frank is a great concern of mine the too big to fail regulation. Now, when f soc is trying to determine what bank and other nonfinancial institution should be designated too big to fail it means that the taxpayers we will have to step in and bail them out. We all no theyre is a huge difference. They handle their retirement the Retirement Savings
One of the first things thats evident in any coalition that while states have come together usually sharing a desire to achieve a common purpose, achieving common values and common interest. Seldom will those states in that process subordinate their personal or their National Interest. So National Interests will continue to be important to the individual members of the state. Of the coalition. We have achieved i think, in a relatively short time a remarkable consensus within the coalition. Ultimately for the defeat of daesh. That really that really was a very impressive effort i think on the part last year of the president s leadership but having watched secretary kerry very closely in this and the real emergency of august and september, bringing this coalition together, so they have come to achieve an outcome with regard to daesh. But in the course of that they also continued to recognize the National Interest of their own. For many of the members of the coalition, iran is one of the
Katie, on the way in i saw the flashes of lightening all around and some Traffic Cameras we are seeing the the rain, it is upon us. It is pouring down where we are getting hit hardest here, we want to get out. There is a lot to cover here. What has happened is nasty then are storms has erupted throughout the overnight and affecting essentially central portion of our area we showed you storm scan three. Is there a severe then are storm warning still in effect here for us across, specifically the heaviest lightening. We will zero in on a couple of these. We have Severe Thunderstorm Warning shaded in yellow that includes eastern chester delco, philadelphia counties and just in, a Flash Flood Warning has been since issued for northeastern chester, most of Montgomery County a and now into western bucks. So we have a lot going on. In the bright green area, that is actually a flood advisory, still lots to track here with this. We will take a look at a wider zoom you can see how thing moved in
No customers. Business has been horrible today. Were not even open yet. Its a short season. Days like this are yes, he was hurting today, his pain should be easing. This round of rain is out of here the next few days at the jersey shore are fantastic. Live in Long Beach Township im ted greenberg, nbc10 news. In parts of cumberland conti, clogged storm drains are causing flooding. Can you see drivers trying to navigate through standing water in our next half hour. Hear from those who tried to keep this mess from getting any worse. We are starting to clear out right now. Heres a live look at the beach in cape may, you can see a mix of clouds and clear skies. The threat of rain isnt completely past us yet about. Glenn hurricane is wafrts is tracking whats coming upton the. None of the heaviest stuff is where they had the most rain. As you can see, on the radar, there are some showers. Some of them are even heavy. These are generally in pennsylvania. The area ted was reporting on is hard h
Euro, and he is now accused of tearing it apart. Tom where will germany be monday morning . Brendan i do not see how this fails, but germany is talking about having a discussion with itself about the euro, and it is entirely possible that they may be ready to contemplate after some time what we have been talking about. Tom lets get to top headlines. Here is vonnie quinn. Vonnie thank you, tom. Lawmakers in germany are getting ready to vote now on the new greek bailout. The plan is expected to pass backed by the majority held in parliament by Angela Merkels party. The german chancellor spoke this morning in favor of the bailout. Angela merkel the dramatic events of the past days in europe cannot be overestimated. These days are dramatic, first and foremost, for the country that is the subject of our thoughts and consultations greece. Lets imagine for a moment what it would mean is at home in germany pensioners would be queuing in front of closed banks to wait for their weekly pension of