Mr. Chairman, the great state of nevada wishes to place a nomination, the name of Ronald Reagan. For the presidency of the United States of america, gerald r. Ford. 20 votes for gerald r. Ford. And we may be fewer in numbers than weve ever been, but we carry the message theyre waiting for. Election, 1976, the Republican National convention. Your host is political analyst Richard Scanlan. Richard this is Richard Scanlan in washington. And with me today our professor Howard Penniman of georgetown university, mr. Stephen hess of the brookings institution. This morning we want to talk about the Republican Convention in kansas city, what it was, what it did, what it represents for the party and for the public in the United States and try to inquire a little into what the projection of that convention on the Campaign Season to come may mean for american politics in this bicentennial year and in the long range. Neither professor penniman or i were in kansas, but our colleague steve hess was.
Congress still stuck in a stimulus stalemate not even at work. Turning to markets futures are rallying this morning. Tripledigit gain on the dow industrials, both s p and nasdaq hitting another round of alltime highs. The dow turning positive for the year. Take a look at the markets this morning. Wash, rinse, repeat, House Speaker nancy pelosi breaking San Francisco coronavirus rules getting her hair done in a salon. Where is your mask, nancy . The backlash ahead. Plus a Retirement Plans that starts at birth. Mornings with maria begins right now. Checking Global Markets, european stocks rallying as well following wall streets record run. Look at french and german markets more than 2 , in asia overnight markets mixed, both to plus side. President trump vowing to help the city of kenosha, wisconsin rebuild amid protests. Cheryl casone has more. Good morning, cheryl. Cheryl that is right, good morning. President trump making pledge to Business Owners and Law Enforcement officials there. I
Thank you. Thank you. [applause] harry truman thank you. Thank you. All right. Please. Thank you. Thank you very much. [background chatter] harry truman i cant, i have to have it up. Microphones have to be where they are. I have to see what im doing. Im al always able to see what i am doing. [applause] i cant tell you how very much i appreciate the honor. Which you just conferred upon me. To dol continue to try service. [applause] i accept the nomination. [cheers and applause] and i want to thank this convention for its unanimous nomination of my good friend and colleague of kentucky. [applause] harry truman hes a great man and a great public servant. Senator berkeley and i will win this election, and make these republicans like it. Dont you forget that. [cheers and applause] harry truman we will do that because they are wrong and you are right. I will prove it to you in just a few minutes. [cheers and applause] this convention is meant to express the will and reaffirm the belief of th
I was very impressed by that. Taylor i am taking a look at some of the individual sectors. I may need to do a correction. The utilities, some of the worst performers, and the industrials. If we were really thinking that this infrastructure plan could go through, they were up less than 2 , just mildly outperforming, but mostly right in line. Here in the green. We were having a discussion of a discussion about how cheap everyone else looks and if the u. S. Can command a premium given that there is more growth in this market. Romaine samantha is still with us. There are sort of a lot of crosscurrents here in this market. We talked about the idea of the market sort of being swung by concerns of a covid19 second wave. Of course, in the middle of all that, you have corporate profitability and earnings, still relatively opaque at this moment. What are some of the main things you are looking for that will give you some more clarity about how sustainable this rally is . Samantha i think we have
President trump has lashed out over his imminent impeachment in a 6 page letter to top democrat nancy pelosi, accusing her of declaring open war on american democracy. On the eve of the crucial vote in the house of representatives, which is dominated by the democrats, hes claimed hes been denied his most fundamental rights even though hes turned down an offer to give evidence himself, and have his legal team question witnesses. In his letter to the House Majority leader mr trump claims the charges he faces are completely disingenuous, meritless, and a baseless invention of your imagination and also claims the impeachment process, which is set out under the Us Constitution, is nothing more than an illegal, partisan attempted coup that will, based on recent sentiment, badly fail at the voting booth. Now the fear that impeachment could backfire, politically, on democrats is in the minds of some members of congress, as our north america editorjon sopel reports. 0h, say does that star spang