dangerous. bill: harold, we saw the market dive this past week. what are the wider implications of an invasion? market implications, military implications are all on the table. we have to put there is in perspective. i heard someone talking about sorting out old security grievances. putin never accepted the fact that old ussr lost the cold war. and he continually tries to revise the outcome. you rightly noted with mr. cushy that our may with mr. kirby with our old partners the unity is better than it has been in 20
rejigger u.s. trade policy continues. this makes markets nervous. if you are the president of the united states and you are yapping about the fed on twitter, the best thing he can do is leave it alone. he doesn t know how to do that. we have seen that time and again. it was interesting today, he didn t take a wack at j pow. he took his foot off the gas and said we ll see. how long is that going to last? maybe someone showed him the market dive after he took to twitter. there is a reason people put money into the u.s. also because the fed is not dependent. the fed does not make monetary policy based on the stock market doing day in and day out. that s the way investors like it. the way the monetary policy system is supposed to work and when the president decides he will inject himself and he knows
with hillary s problems, she s ahead in florida. that s not even a competitive race. former pennsylvania governor ed rendell, sir, as always, good to see you. thanks for your time. thank you. the americans who stopped a gunman on board a european train bound for paris awarded in france now for their bravery. we ll take you to that country where they received france s highest honor today. also ahead, we ll did back to today s breaking news on wall street. we re watching the markets very closely. as this fluctuation of negative territory continues. after rebounding from this early morning massive selloff and in today s bing pulse we re asking how worried you are about the market dive. weigh in now. heart health s important. .so you may. take an omega-3 supplement. .but it s the ingredients inside that really matter for heart health. new bayer pro ultra omega-3 has two times the concentration
default has been a lot of false demagoguery. there s no thing as a debt cerealing in this country. i would dispel the rumor going around that you hear on every newscast, if we don t raise the debt ceiling, we will default on our debt. we won t. first of all, do you agree to that? and secondly, let s say it technically does not immediately cause default. aren t the markets driven by psychology? well, i think it s the second point that s the critical point. i think what the folks are talking about and don t happen to endorse it, and this was not john boehner s strategy, is that the constitution clearly says whatever revenue is available needs to be used to pay the debts first. and there s going to be enough money to pay the debts, but not anything else. so i think technically they re right, but that s the dumbest thing i have heard in my life. the second thing is wall street is already jittery. you saw the market dive and go up 300 points. and the entire prospect of even getting to