Stock exchange joining us this morning, a former chief digital officer of new york city. Great to have you here at post 9. We should mention the president has signed the 1. 5 trillion tax bill into law. We will see that in just a few moments on tape playback, so keep that in mind. Dow is down 29 bitcoin hitting a record high on sunday from the peak, recent peak at least, bitcoin has lost about 121 billion of its total market value in less than a week, although, mike, you say along with plenty of others that comparing market cap and this instrument to other things isnt necessarily smart. Just a snapshot, so clearly, you know, you wouldnt want to say that much value was wiped out. You didnt exchange that many dollars for that much now lost, but still a big number, big decline. I have to know where youre coming from on bitcoin right now. Well, its one of those things people are not sure where things are going, and i just tweeted someone who said everybodys talking about bitcoin the way in
Down as well. Look on your screen, theres the list. All of them bigtime to the downside. No pullback seriously, though, for stocks flat to slightly lower at the opening bell. We dont know how the market is going to close. It is facing a threeday holiday weekend, but so far that has been no sell on the news of the tax cut deal. Im going call this one a corporate bombshell, eric schmidt is out at google, this is the man who built the company at global phenomena, started google, gmail, google maps and android phones. Google says its time for the transition. Theres speculation that personal relationships were part of this departure. There are a lot of surprises this morning and Varney Company is about to begin. [laughter] stuart that was good producing. Theres no place like home for the holidays. Thats absolutely for sure. You saw them, theres the lawmakers, they are all coming down the steps. Get out of dodge, they follow and get out of dodge, ran downstairs, heading home for the holidays
Champagne down pennsylvania avenue. There are only two places where americas popping champagne; the white house and the corporate boardrooms including trump tower. The gop tax scam is about bleeding the middle class dry to pad the pockets of Corporate America and the wealthiest 1 . Paul joining the panel, wall street journal columnist and Deputy Editor dan henninger, columnist kim strassel and Mary Anastasia ogrady and editorial page writer kate odell. Why did they succeed on taxes when they failed on health care . Right. That is one question, because you would expect a failure to make it harder to succeed. But i think here the Health Care Failure really focused the minds for the gop that, for them, it was do or die for their majority in 2018 to get a tax bill passed. And it wasnt always clear they would choose do. [laughter] but also i think there was a rougher consensus on what a tax bill should look like where on health care a lot of variety, you know, some wanted to keep entitlemen
Organization, but the Mainstream Media are ignoring it. If the story had been donald trump obstructing with putin, it would have been nonstop. This is one of the most shameful episodes in modern history and epitomizes the policy of barack obama and makes neville look like winston churchill. David what do you make of the media ignoring it. Im glad you guys are reading the Mainstream Media. The Washington Post and New York Times has good stories about every day. But the Washington Post had a good story saying that of this 13,000 word piece in politico, that they focused on low level folks and that Obama Administration didnt give hezbollah a pass on this and this, after all, was the administration that got bin laden. Emack, the Washington Post mentioned the story to deride it like bruce said they rely on low level officials. Here is what josh meyers said. To say the people i quoted were low level people is sort of ridiculous. These were the people that led this task force, they were not i
Organization, but the Mainstream Media are ignoring it. If the story had been donald trump obstructing with putin, it would have been nonstop. This is one of the most shameful episodes in modern history and epitomizes the policy of barack obama and makes neville look like winston churchill. David what do you make of the media ignoring it. Im glad you guys are reading the Mainstream Media. The Washington Post and New York Times has good stories about every day. But the Washington Post had a good story saying that of this 13,000 word piece in politico, that they focused on low level folks and that Obama Administration didnt give hezbollah a pass on this and this, after all, was the administration that got bin laden. Emack, the Washington Post mentioned the story to deride it like bruce said they rely on low level officials. Here is what josh meyers said. To say the people i quoted were low level people is sort of ridiculous. These were the people that led this task force, they were not i