Records at va facilities has to be held accountable. The Inspector General has launched investigations into phoenix va and other facilities and some individuals have been put on administrative leave. I know people are angry and i sympathize with that. We have to let investigators do their job in getting to the bottom of what happened. Veterans deserve other facts and families deserve to know the facts. The facts i assure you if there is misconduct it will be punished. I want to know the full scope of this, so i ordered secretary shin secchi to investigate. He updated me on his review which is not looking just at the phoenix facility but also va facilities across the nation and i expect preliminary results from that review next week. Third, i directed neighbors to direct a broad review of the Veterans Health administration, the part of the va that delivers health care to our veterans and robb is going to phoenix today. Keep in mind even if we had not heard reports out of this phoenix fa
President obama saying his promise to keep the insurance is on him announcing a plan allowing americans to keep insurance plans that have been canceled. Rich edson live at washington, d. C. , with the very latest. Rich this plan would allow Insurance Companies to reissue their plans that they have canceled from 2013 and allow them to reissue those until 2014. However in order to do so state Insurance Commissioners would have to sign off on that in each state and your Insurance Company would have to reissue that plan. We heard from the Health Insurers saying allowing that could destabilize the market and result in higher premiums for consumers. They have already set their prices for next year, and they basically have base that pricing on the consumption that everyone would have the new obamacare plans. As for the president making the promise you could keep your Health Insurance that turned out not to be true, the president explained it. President obama my expectation was that for 98 of
But holding at the 36 level. She is on the hill for another round of congressional hearings on those recalls. Just listen to what she said earlier this morning. Those of us who dedicated airlines to this company, it is enormously painful to have our shortcomings laid out so vividly. There is no way to minimize the seriousness of what mr. Lucas and his investigators uncovered. Stuart she said that before, laying it on thick this morning. Bill harlow is with us, good morning, bill. Mary baras images import to her, the company and america and it is on the line. What is your judgment of performance. So far, i think that she is doing pretty well. There is so much information coming out. More recalls, it seems like every day. I think she is doing reasonably well. Stuart she has answers today. Last time, she did not have answers to the question. Why the delay in compensating victims. To some degree, she is ahead of the game. She, after the last hearing, said we are just starting and investiga
If the index manageses to close in positive territory it, would be the third record close in a row and 13th of the year. Fox businesss charlie gasparino, wall street journal James Freeman and former verizon president denny strigle. Were thinking with all the money printing there will eventually be a reckoning, right now the market is rising with Economic News not all that great. Melissa absolutely. Another big blow for detroit. A City Task Force demanding 40,000 buildings being demolished and cleaned up immediately due to dire conditions. Comes with a hefty price tag, 850 million bucks. The real cost could be billions or higher. Charlie what do you think about this one . Youve been reporting on this for a while . Listen, detroit is in desperate shape. I do know wall street firms advised them to basically downsize the city and sell off chunks of it. Abandoned land or citys condemned land. There is lot of abandoned buildings. Melissa 40,000 buildings to be demolished. And miles upon mile
Melissa money seeing a lot of green out there today. Were off session highs. But the dow still on track for a record close. Lets bring in fox businesss own Charlie Gasparino and tom sullivan. We have wall street journals veronica daguerre. What do you think of this market, tom . Dollar is going lower, the market going higher, the fed says they win keel doing the same. What do you expect . No place to go. You dont fight the fed. Im telling people a long time. I hate all the printing of money. Here is the thing where it becomes problematic. At some point it is going to end. When you have Interest Rates this low, people go out on the risk spectrum and buy stupid stuff or alibaba ipo or twitter at 60 bucks. Thats what happens. You will get pull backs and when they stop tapering melissa i guess. What is tragic about this, the markets, everything weve been through the since the financial crisis, some indices up 120 , 175 , depending where youre looking in the market. Housing is up, 10 or 11