comments before i turn it over to my friend and colleague steve moore who really will be running the show tonight. and that is in 1994. i was president of my university s college republicans. and it was more than a dream as a son of the reagan revolution. that army would soon be the majority leader. that phil graham s economic expertise along with leader armies at least for a narrow window in american political history would be ascendant in this town. and while we have to be careful as historians not to dwell in the past we can as we are on the brink of a red wave and i mean that philosophically not as a partisan. this year know that that isn t merely about party registration. about one party being in charge instead of another it is about the ideas that define us as a people namely freedom. flourishing and this town and this government spending a hell of a lot less money than it does. and so it is a great great privilege to have army. senator phil graham my one of my poli
Politics columnist and associate editor a. B. Stoddard. After words, weekly Interview Program with relevant guest hosts interviewing top nonfiction authors about their latest work. Reporter its wonderful to be with you and a delight to be able to get to do this with you. We have known each other for years and i find you to be a singularly happy and hopeful and patriotic person at anyone who cares about our system of governance and representation will learn a lot from your hard work and your research. Despite the subtitle, ruling class elites cashing in on america, you do not try to enrage your fellow citizens by rational, doable, commonsense reforms we can support. And should. Lets dig right in. Why does it matter that politicians are rich even if theres a perception that they are allowed to feather their nests. I think the reason it matters is it is eroding trust in liberal democracy and elected officials. We have seen a correlation in the last 4 or 5 decades between the gap widening
Cares about our system of governance and representation will learn from your hard work and deep research. Despite the subtitle, the swamp creatures, latte liberals and ruling class elites cashing on america. S. You instead outline rational doable common sense reforms that we should support and we should. Why does it matter that politicians are rich even if theres a perception that they are allowed to feather their nest . Yeah, i think the reason it matters because eroding trust in liberal democracy and elected officials and we have seen a certainliulation i would say in the last four or five decades between the gap widening between our elected officials and normal average americans and at the same time, weve seen the erosion of trust in our elected officials. Now, that parallels a loss of trust in a lot of institutions but politicians are actually at the bottom, members of congress specifically less popular than colonoscopies and thats why the book matters. Have they always been richer
Markets after the dow falls 300 points. Futures modestly higher. Dish going over the top. Streaming tv for 20 a month. No contract cable box, a few channels will it accelerate cordcutting . The 114th Congress Sworn in today at washington. Falling gas prices in focus. Futures on the rise the morning after the worst day for stocks at about three months. Losers in the Energy Sector. Oil prices fall below 50 since 2009. I guess its your sense there is more to go. I think theres big supply problem. Meaning we just dont have any place to put it. People dont understand in the last few months there was dramatic growth. Eagle ford in texas. There is a gigantic amount of oil to hit the gulf of mexico. Big wells drilled initially and were caused come on. What matters, youve got to look at this in perspective. Only 2 of the job growth was directly or indirectly related to oil. There are only 16 states that produce oil in this country. Roughly 10 of the population is possibly at risk in terms of co
A breakthrough on climate. Bonnie and company is about to begin. They are down. Not that much, but they are down 65 points. Citigroup, jpmorgan, bank of america. They have been fined collectively. The feds say that these things need to do a better job of detecting bad behavior by rogue traders. All of the stocks are down one percentage point. The price of oil at 77 right now. All downhill from there. Now we are hearing that Senate Democrats are thinking about improving the Keystone Pipeline during the lameduck session. Do not look now. Down a fraction of a penny. There are some individual stocks that are moving today. Here they are. Yahoo goes shopping again by bright role. What do you think the price was. Yahoo at 49 right now. That is a new high. Up to 116 right now. Weve were sold on single day. That is a lot of money. Look at what we have for you and 10 minutes. Dramatic and revealing. Yes, it is. President obama. A deep reduction in Greenhouse Gases. He is expanding. China about r