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
For the next leg of the market, up or down on days like today, dow advanced, s p inched out gain and nasdaq declined, i have to ask how bullish are people adding money into the stock market pulling money out . The case for years and years interest rekindled by the snorting bull . Let me start out saying that sentiment is incredibly important. You dont want overexuberance, froth, people to be too excited. That means everyone would be in the pool already and youre late to the rally however sentiment is extremely hard to gauge. Theres some ways that people try to cut and dry it. Services that tell you how bullish or bearish news lr writers are every week but there are fewer and fewer newsletter writers enthusiasm or lack thereof no longer means much to me. Used to mean a great deal. Material, stock inflows. Dismal, more going out than coming in, isnt that counterintuitive many weeks produce good outlays from stocks. Call that negative sentiment certain, no sign of the dreaded froth there.
Laura davidson and Washington Posts might the bonus will discuss the tax reform bill and its host good morning on this friday. A House Republicans unveiled their long awaited tax proposal. They wanted to reduce the number of tax brackets from 74, lowering the Corporate Tax rate in giving businesses other tax reductions. Thepresident has endorsed planet, but others are not on board. We will get your take on plan. Here are the phone numbers. Emocrats dial in at join us on twitter as well. You can post your comments on facebook. The phone lines are open so start dow it in. We will begin with the president yesterday who had the committee over at the white house. This is what he had to say. We are working to give the American People a giant tax cut for christmas. We are giving them a big beautiful Christmas Present in the form of a tremendous tax cut. It will be the biggest cut in the history of our country. It will create jobs. Today, the house ways and Means Committee unveils a tax reform
Cspan 50 capitals tour with louisiana secretary of state and Louisiana Attorney general talking about good morning. It is tuesday, november 7. Flags over the u. S. Capitol remain at halfstaff following the Church Shooting in texas that claimed more than two dozen lives. The house and senate are back at 10 00 a. M. This morning and the house ways and Means Committee returns at 10 00 today to do some work on the republican tax reform plan. It is election day in several states. A gubernatorial contest in virginia. As Many Americans had to the polls, we begin by asking our viewers to look ahead one year from now to election day 2018 and tell us what you think republicans should retain control of congress. Let us know your reasons why. If you are undecided, what will he be looking for to make up your minds . Phone lines are open. You can catch up with us on social media. A very good Tuesday Morning to you. You can start calling in right now on this question. Should republicans retain contro
Reform efforts. At 9 00 a. M. , a politico reporter on the process for several hearings who want to keep you aware of happened today. Jeff sessions will appear before the House Judiciary Committee. At 5 00, a markup of the text reform bill. The governor of the Virgin Islands and puerto rico will testify about recovery. Go to cspan. Org about more information. It is the washington journal for november 14. When it comes to roy moore, Mitch Mcconnell says he should step aside from the race. Carlisle colorado governor said the senator this as a fifth woman accused him of sexual misconduct. For the first half hour, your thoughts on roy moore, particularly if you believe him or his accusers. If you are alabama resident, post on twitter or facebook. If you go to the aol. Com, that is a newspaper based out of alabama, take a look at news out of alabama, it has the story about yesterdays accusations that came forward saying that minutes before the new accuser came forward with allegations come