Resources, transportation, and you have seen a pretty dramatic move by the russians in terms of an Arctic Military command. There, newts icebreakers, and heated rhetoric. Weterms of u. S. Action, if were to remove our substantial arctic forces that the only what with that do in terms of additional russian reaction . I have expertise in a reasonable number of places, but i will defer to you on the arctic, im afraid. There is a bit of a strategic irony going on where some of us think that we are withdrawing and parts of the world, but when you look at it and in schmitz of american power, things like in terms of american power, things like energy, the resurgence of manufacturing, the best universities in the world, the list agriculture the list is very strong. We have so many advantages over other countries china, how do weatever utilize those in a way that shows that we are still the Country Holding all the cards . On so many different instruments of power that countries measure power by
House Speaker John Boehner discusses the new dynamic of washington politics. First, getting you to the top stories we are following at this hour. Food prices increases moderated and much of the United States in the third quarter. Investor purchases declined. The National Association of realtors said the median price of existing singlefamily home rose from a year earlier in 73 of the metropolitan areas measured. Prices declined and 47 regions. To fend off ang hostile takeover by valley and pharmaceuticals. Talks onare in active a potential alternative deal. They said enough tiling today they are in talks with a third hardy that may lead to merger negotiations. Trying to fend off what has been valued as a 54 billion dollar hostile bid by valiant. Opecs demand says crude may fall to a 14 year low according to the world oil outlook. We are concerned but not panicking. Came stable 4. 5 years. Of the produce have been producers have been enjoying a very fair price. Now we will have this decl
Ulse. If they are having to cut Global Demand for the first time in five months. Overall, the ink the price of oil will rise. They are seeing a nonopec output estimate. The chunk of global out of its that opec does not control but would like to see cut may actually be cut. That is good news. It is anyone within the opec complex but they have been cut by the iea. These guys want to see it handinhand with them as we try to manage the markets. We can see what is happening here. We are up over 1 as you can see. Switching directions. Yesterday confused them. Some interesting headlines coming out of the iea. The Swiss National market to raise the cap on the swiss rank. It is surging as much as 41 yesterday. Lets figure out what is happening here. Hans nichols is in zurich. I guess the morning after the night before. The morning after there are two questions dominating the conversation. What does this do to the swiss economy . The middle companies have a high labor costs. They still pay in sw
Than simply acknowledging the centrality of the human person. It also implies nurturing the gifts of each man and woman. It means investing in individuals and in those settings in which their talents are shaped and flourish. The first such area is that of education beginning with the family, the fundamental cell and most precious element of any society. The family united, fruitful and indissoluble possesses the elements. [applause] possesses the elements which are fundamental for fostering hope in the future. Without this solid basis, the future ends up and builds ondemand with dire social consequences. Its also important stressing the importance of the family should mean not only giving direction hope to new generations but also to many of the old who often have to live alone and abandoned because there is no longer the warmth of the family home that can accompany and support them. Alongside the family there are the various educational institutes, schools and universities. Education c
We think over the long term it has served and its in the business judgment of the league that has served it, but as that shows, clubs take extraordinary examples to avoid them. Im going to continue this conversation with you and the other witnesses but now turn to senator klobuchar. Thank you. Thank you very mu. Thank you to all of the witnesses. I thought id start with you, mr. Waldron. The blackout rule was put in place in 1961, is that right . The Sports Broadcasting act was adopted in 1961. The fccs rule was put in place in 1975. Most of the money made by sports tickets came from ticket sales, but today nfl games are consistently among the most Popular Television programs, certainly in my state where were proud of the vikings and with that comes a significant increase in revenue. Cost of tickets has significantly increased. Its a big expense. Do sports teams need blackout rules the same way they did half a century ago . If not, why do we have the same rule . No question that those