Guest i think often times the conventional wisdom is wrong, and the conventional wisdom in money and politics you essentially have good intentioned government officials who who are being influenced or attempts to influence them by corporations or public unions and if we can only figure out a way to seal off essentially these Public Officials from this outside influences, everything would be great and so i call this the Jimmy Stewart mr. Smith gooas i call this the Jimmy Stewart washington scenario and that does happen. You have wellintentioned politicians being tempted by outside forces but my experience in the washington politics in the writing is so often not the opposite is true but you have a lot of corporations into a lot of entities that essentially want to be left alone by the federal government and the executive branch looking for ways in which to have their needs to get the corporations involved. The hightech industry as a classic example if you look back 15, 20 years ago the
Guest i think often times the conventional wisdom is wrong, and the conventional wisdom in money and politics you essentially have good intentioned government officials who who are being influenced or attempts to influence them by corporations or public unions and if we can only figure out a way to seal off essentially these Public Officials from this outside influences, everything would be great and so i call this the Jimmy Stewart mr. Smith the great. So i call this the june knee damage Jimmy Stewart mr. Smith goes to washington scenario. You have wellintentioned politicians being tempted by outside forces. My experience over the last 20 years or so the opposite is true that you have a lot of corporations and entities that essentially wants to be left alone by the federal government and have politicians or people in the executive branch who are looking for ways in which to enhance their services or the needs to get corporations involved. The hightech industry is a classic example. If
We still have the roads and airports to build. People to put back to work. We have been people who need more help going to college. We have Early College Education Programs to set up. We have Clean Energy Programs do build. We have immigration laws that need to be changed. We are a nation of laws and immigrants. We need more to bring our outstanding Law Enforcement officials with those to make sure Law Enforcement is colorblind. We have so much work to do and so progress does not stop with my residency. It does not stop when harry reid retires. We are just getting started. Were just getting started. But we have to make the right choice. Progress is on the ballot. Stability is on the ballot. Honor is on the ballot. Justice is on the ballot. Inequality is on the ballot. Democracy is on the ballot. Ballot not on the thats ok. That is ok, but is if you want to give me and michelle a good sendoff, join us. If you want to give harry reid a good sendoff, we have to have a good turnout. I need
We still have the roads and airports to build. People to put back to work. We have been people who need more help going to college. We have Early College Education Programs to set up. We have Clean Energy Programs do build. We have immigration laws that need to be changed. We are a nation of laws and immigrants. We need more to bring our outstanding Law Enforcement officials with those to make sure Law Enforcement is colorblind. We have so much work to do and so progress does not stop with my residency. It does not stop when harry reid retires. We are just getting started. Were just getting started. But we have to make the right choice. Progress is on the ballot. Stability is on the ballot. Honor is on the ballot. Justice is on the ballot. Inequality is on the ballot. Democracy is on the ballot. Ballot not on the thats ok. That is ok, but is if you want to give me and michelle a good sendoff, join us. If you want to give harry reid a good sendoff, we have to have a good turnout. I need
Commodities will join us. He sees a 40 rally in natural gas. Thats not great if you heat your home with it. He also expects a rally in oil. The northeast is bracing for a massive storm, folk. Could Hurricane Joaquin be another Superstorm Sandy . We certainly hope not but we are tracking it all for you. We begin with investors and theyre beginning the new quarter in the red. The latest disappointing manufacturing data from the ism is adding to the weakness. We have the dow down by 164 points. The s p 500 is currently down by 14 points. And the nasdaq off by 45. Were also watching very closely, folks, over the course of the next few hours yields on the 10year note because were sitting at 2. 032 . So close to dipping back to the 2 even mark, maybe even below it after that is m number. Bob pisani joins us from the floor of the Stock Exchange. Hey there, bob. Well, it started okay, mandy. We kind of gapped up in germany and in the u. S. Lets take a look at the s p 500. But that faded very,