Dow climbed 82 points, s p closed the at a five year high. Why did the stocks rally . Why . Sometimes it is pretty calculable, simple, because the biggest driver on earth, china, reported a blowout export number showing the countrys plans to reignite growth are, indeed, working and we believe in that. When that happens, buyers swarm in, they buy commodities, thinking how could they not roar now that chinas spending. They buy the industrials because china relies on a lot of our companies to power their electricity and buy our Consumer Companies that have plunged deep into the retail fabric of the peoples republic. Thats why investing in china is one of my huge themes for 2013. Oh, its not just china, the dollar got clobbered versus the euro, something that our International Companies just love to see. It puts them here. House of pleasure. Why else . How about the fact that ford, one of the best bellwethers of Economic Growth out there doubled its dividend last night. Something i said wa
[captioning performed by national captioning institute] [captions Copyright National cable satellite corp. 2013] sarah polk was on diplomacy and her strong suit is intelligence and political discussion. She made no bones about the fact she took an interest in politics. And that she was her husbands partner. She grew naup political household in tennessee. Her father was a local politician so she grew up loving politics. She married james after he won a seat in the legislature. Because she would not have married him if he had unfortunately for james k. Polk he died three months after leaving the white house. And sarah began a 42year widowhood. Polk place became a shrine to her husband and she would invite anybody who wanted to to come to visit and see the objects she had collected through her long and illustrious political career. To live there for many years on her own. During the civil war, generals on both sides would come and visit her to pay respects. It is an interesting commentary
Why did the stocks rally . Why . Sometimes it is pretty calculable, simple, because the biggest driver on earth, china, reported a blowout export number showing the countrys plans to reignite growth are, indeed, working and we believe in that. When that happens, buyers swarm in, they buy commodities, thinking how could they not roar now that chinas spending. They buy the industrials because china relies on a lot of our companies to power their electricity and buy our Consumer Companies that have plunged deep into the retail fabric of the peoples republic. Thats why investing in china is one of my huge themes for 2013. Oh, its not just china, the dollar got clobbered versus the euro, something that our International Companies just love to see. It puts them here. House of pleasure. Why else . How about the fact that ford, one of the best bellwethers of Economic Growth out there doubled its dividend last night. Something i said was a possibility earlier this week when we recommended it as
Of africanamericans in this country. So by the time Robert Smalls died in 1950, he died brokenhearted, and financially, not near as well off as he once was. And so i have spent a lot of time talking about the history of this. As i used to say to my students when i taught, if it happened before it can happen again. And we see all the speculation about what the Supreme Court is going to do with the most important civil rights act, which i think was the Voting Rights act of 1965. And most experts think that thats about to come to a significant, and i call, a noble end. Oh grams of affirmative action, that simply means youre going to take positive steps. You cant be passive. Youve got to take positive steps to overcome the current effects of past discrimination, the history. Not going to happen by itself. If you bring that to a close, and people are speculating that that is about to happen, in fact i saw a few days ago one of the leading scholars, legal scholars in this country who was say
Administration rolls back Michelle Obamas Lunch Program. The new items parents can expect to see on the menu. And the best restaurant in the country is setting up shop in a parking lot. This is the cbs weekend news. Villafranca good evening. Im Omar Villafranca. Tonight, more than a third of the country is feeling the impact of a powerful and deadly winter storm. Heavy snow blanketed minnesota today, making for dangerous driving conditions across part of that state. More than 75 million americans are under weather alerts. One death is being blamed on the storm. Were covering it all tonight. We begin with tom hanson, in the thick of it, in new york. Reporter the sprawling winter storm hammered much of the country with heavy snow and ice, making travel dangerous for millions, from the midwest to the northeast. The weather system dumped freezing rain and waistdeep snow in some areas, bringing blizzard warnings and whiteout conditions throughout the region. Crews from des moines to chicago