Gasparino. James freeman is here from the wall street journal. Forbes contributor rick unger is with us as well. Wow, the fdny just tweeting out this picture. Were going to show it to you, a look from the inside. There. At the scaffolding hanging. Can you imagine two people are stranded on this. My dad was a construction worker. Worked on the original trade center. Went up on scaffolds, maybe not that high, but fairly high. I will say this, when we sit around on this network and talk about unions, denigrate all unions, there is a reason why there are unions for jobs like this. These are very, very, labor intensive scary jobs. You need some sort of a way to make sure your workers are not taken advantage. Im not saying these guys were. Thats why there are coal miners worker unions. My dad was Iron Worker Union is you get a union lesson out of this. This is why, because that is the work they do, that the private sector unions are starting to get so angry with the public unions. Youre righ
But wall street has been celebrating all year long with the dow set to mark its sixth Straight Year of gains but like all great parties this one could set the stage for a massive hangover. Looming Interest Rate hikes global slow down, weak earnings all have potential to put a damper on the markets run. Here to discuss veronica daguerre from wall street journal. Matt welch, cohost of the independents and editor of reason magazine. What do you think . Are we setting up for the correction everyone predicted would come but still has isnt. I think there is a lot like you said a different schools of thought on this some people are very bullish. They think Economic Indicators are looking good. Job numbers are looking better, Economic Growth is looking better so that is one side of it. Another side is saying corporate earnings, they will really be counting on the American Consumer specifically to help boost profits and drive sales for Companies Going into the new year. You cant count on europe
The Worlds Largest oil reserves. Now hugo chavez has announced his cancer is back. A chart, changing of the guard there could have a huge impact on the globlt oil market. Well have details. So much pot, so few answers. Legalized marijuana laws take effect in Washington State and colorado. From driving high to trafficking weed over sttte borders the legal and financial nightmares are just beginning. But were convening a pot power panel to help clear the smoke. Even when they say its not it is always about money. Melissa first lets look at the days market headlines. Some breaking news on aig just out a short time ago. The treasury announced it is selling all of its remaining 234 Common Shares in the insurance giant however treasury will continue to hold warrants to purchase aig common stock. Investors refusing to give up hope on the fiscal cliff. The dow and s p 500 gained postelection day tumble. The dow climbed 13 points for its fourth straight game. More trouble for once untouchable a
Surpassed saudi arabia with the Worlds Largest oil reserves. Now hugo chavez has announced his cancer is back. A chart, chging of the guard there could have a huge impact on the globlt oil market. Well ha details. So much pot, so few answers. Legalized marijuana la take effect in Washington State and colorado. From driving high to trafficking weed over sttte borders the legal and financial nightmares are just beginning. But were convening a pot power panel to help clear the smoke. Even when they say its not it is always about money. Melissa first lets look at the days market headlines. Some breaking news on aig just out a short time ago. The treasurynnounced it is sellg all of its remaining 234 Common Shares in the insurance giant however treasury will continue to hold warrants urchase aig common sck. Investors refusing to give up hope on the fiscal cliff. The dow and s p 500 gained postelection day tumble. The dow climbed 13 points for its fourth straight game. More trouble for once u
Dierdre opting melissa released from the quarantine after showing no signs of the ebola virus. This nurse worked with ebola patients in sierra leone before flying into new york and was an outspoken critic of the quarantine calling it quote, inhumane calling it legal action. Christies reversal odest in comparison to new york governor andrew cuomos. He started a weekend touting mandatory quarantine as a common sense solution. Voluntary uarantine, no. Almost an ooymoron to me. This is a very serious situation. Melissa oh, but by sunday, reportedly after pressure from the obama administration, cuomo was singing a, kind of a different tune. Listen. From a safety point of view the preferred option is to ask them toostay at home. The hilt care worker will come to the house twice a day. They can have their family, whoever is normally there. Not that theyre stopping their life. They have their full life. Melissa hmmm. Here to discuss it, veronica daguerre from the wall street journal. We have d