They seem to have found the right landing spot on a couple of decisions. There are a couple of pieces i would take issue with that will articulate that in coming days. Iser one issue reported that it doesnt preempt states from doing their own thing. Commissioner orielly as i read the piece, it is not a proactive preemption structure. It still allows challenges to states where the item would be in conflict with our rules. It will lead to more statebystate challenges, casebycase challenges, than the overall, overarching one i was hoping for. Because what you are going to see is, a number of states have already acted in doing certain things i disagree with, you will see others jump in, and having 50 different states pull us in different directions, some with Net Neutrality one way, some with Net Neutrality another way, is not what the structure should be. Not interstate commerce. Its why we have an interstate commerce clause, and it is not something they have expertise in. Structure,nitio
House, the supreme court, and Public Policy events from washington, d. C. And around the country, so you can make up your own mind. Crated by cable in 1979, cspan is brought to you by your local or cable satellite provider. Cspan, your unfiltered view of government. Peter and Michael Orielly is one of five commissioners on the federal communications commission, and he is our guest tonight on the communicators. Welcome. I want to get your Immediate Reaction to the Net Neutrality case. Commissioner orielly im still digesting the decision from the court read it is quite lengthy. From the court. It is quite lengthy. But im generally pleased. They seem to have found the right landing spot on a couple of decisions. There are a couple of pieces i would take issue with that will articulate that in coming days. Peter well, one of those issues that has been reported already is that it doesnt preempt states from doing their own thing. Commissioner orielly as i read the piece, its not a proactive
Chair. Fed the janet yellen era has come to an end. Just a few more weeks and janet yellen is out of there. Are piling in, they stocks, thatn with ripped in the u. S. Permeated the emerging markets, some are trying to figure out who was meeting who but i want show you one indicator here, this chart that gives you a sense that the and may be coming soon. 2717 measures the breath of the stocks. About 80 of the s p 500 stocks are now trading above their 50 day moving average, that is usually a sign that bull run may be ending. You can see that this has happened a few times during this bull run. We have not seen any and to u. S. Stocks. You just ignore the technicals, we have seen these red alarms before and we see rallies continuing on forward. People say 2018 is that risk where we see these trade tensions escalate and we did see that from the president today. Lets check the u. S. Markets and how they close in reaction to others headlines, you had the snp of about 2 10 of 1 , the dow trad
The this area, also throughout cape may county, no widespread Power Outages. Avalon monday afternoon, winds whipping, rain pouring. After sun fell not much change down the shore. Wildwood soaking wet. Localized flooding making some roads technically passable but not recommended. In ocean city widespread Power Outages no where to be found but more flooding easily spotted throughout town and most people avoiding the noreaster by staying indoors. Keyword, most. We caught you walking down the street with your surfboard. What in the world were you doing. I wanted to surf because its pretty high. Reporter even though hes just 14, cody has experienced a storm or two. Reporter you were going to surf in the street . Yeah. I was going to paddle out but i usually do it every storm when theres high tides. Its pretty wild. Its pretty gnarly. I try to warm up by the fire. Reporter good news by cody right there. As you could tell right now here in ocean city there is some pretty heavy gusting winds b
Yet. Wind and rain are still a concern as we head into the overnight. Good evening everyone, im yukee washington. Im jessica dean. We have live coverage of this winter noreaster. We head down to the shore first. Greg argos is live in ocean city. Thats an area thats getting hit pretty hard. Reporter it is, jessica. But the good news right now, at least in the past hour, the flooding here locally has subsided. This area, this roadway just an hour ago, the water covered the entire thing. You can see at least right now the middle part of this roadway is cleared. Great news right now. But despite this very heavy wind that is still blowing throughout the this area, also throughout cape may county, no widespread Power Outages. Avalon monday afternoon, winds whipping, rain pouring. After sun fell not much change down the shore. Wildwood soaking wet. Localized flooding making some roads technically passable but not recommended. In ocean city widespread Power Outages no where to be found but mor