I guess i dont like it a whole lot. What would we find i sound just like my dad. There are great people out there, i know it. And i dont mean to condemn it but i think its passed me by a little bit. I still have a wonderful career and a beautiful audience that i really love but the spotlight is elsewhere now and im a known quantity now. And thats fine with me to play out this hand. But i dont pay a whole lot of attention to i never did listen much to the roofment when i was a kid i did. I dont listen to music much. Kim works with the boston symphony and we get a lot of classic cal music in the house. We have 11yearold twin boys and they have their preferences, maybe its because theyre playing most of the popular music im hearing in the house i have such a negative take on it. Do you have an i pod . No an ipad. Do you listen to music on there . No i listen on cd and vinyl. They have said taylor swift is named after you. What do you think of her music . I like her music. And i like the n
United states of america. And widows and orphans funds will invest in government bonds. Host alma, thank you for your call. We will consider your suggestion. The senate banking, housing and urban Affairs Committee is about to hold a hearing on the oversight of the fha program. Shaun donovan will be testifying. We will be going to that as soon as that hearing begins. I want to show you this article in the New York Times took. President obama plans to ask congress for about 50 billion for emergency funds to help rebuild the states the were ravaged by hurricane sandy. Regional leaders complained wednesday it was not enough. The white house will send the proposal to capitol hill this week. It should be between 45,000,000,000. 50 5 billion, according to officials 45 billion and 55 billion, according to officials. Both democratic and republican lawmakers from the region quickly expressed disappointment in the pending request and lobby the administration to increase it before sending it to co
Authors who have a very cool index of economic uncertainty. It is a very innovative paper. They estimated that the debt limit struggle probably subtracted about 1. 5 from gdp growth during that summer when it was happening egos of the uncertainty and inactivity that was caused by levels of uncertainty. Each time we go through that, there are consequences. I would like to add if that is what it takes to get spending under control, we need to concede that in the long run there will be a benefit, which means we do not have these deficits. In the fullness of time, whether a struggle last summer was worth it, if we have the spending cuts and deficits are lower, it might have higher Economic Growth in the long run because we went to that struggle last year. Your position is that we should be ready to go through that struggle again and to call upon the National Debt is necessary in order to enforce spending limits . That, of course, is not my position. We should never default on the National
Weather hewlettpackard will be out with quarterly results. Well have the numbers behind the numbers. Stay tuned for all of that. , picture this. Youre watching shark tank and the guys that found ed whatsapp. Mark offered 16 billion to buy. What does kevin oleary say . Kevin will join us. He never holds back. Get his opinion of this mega deal that was announced last night. One of the biggest tech deals we have had. Joining the spate of activity weve had this year generally. 16 billion for a company that has 50 employees. Well, but theyre going to have 100 by the summer. But it is maybe 19. 5 billion once you add everything up involved. Just a huge number. Anyway, heres where we stand on the narcotics right now. The dow is up 120 points, if you can believe it. 16,616 is the level. Theres the s p up 12plus points. Joining us in our Closing Bell Exchange today, heather hughes, just coming in from blaming the weather. Traffic there in washington. Jim lowell from adviser investments. Rich pe