Any precipitous policy, at least not at the present time. How much more shock can this market take before theres longterm effects on the economy . What do you think . Look, the market the markets had a shortrun correction, and i guess its 10 or 11 or something. Weve been through this many, many times before. And i dont think even though its frontpage story and nobody likes to see their asset values go down, i just dont think at this point its going to have much of an impact. I will qualify that, depends how long this lasts, how deep it goes, but i could cite a number of historical experiences. The one i remember the most, i was a cub scout way back when, and i remember the 1987 market crash and i remember president reagan going out and saying the economic v economy is fundamentally sound, and it actually grew by 3 or 4 in the next couple years after this crash. President trump said it in this room two nights ago, we just think the economy is sound, and therefore i just dont think this
Freshmen, a lot of these members have legal and business experience as well as in the political field and that can help them when they chair a committee so its something to think about. These arent 22yearolds going into the office. Those endorsing them, thats what they want us to look at their overall experience in life and what they bring to government. Reporter you have to look at them individually and some of them dont have experience with a committee that they were assigned to so thats why we were looking at this a little closer. Its going to be an interesting year in sacramento. Thank you. In the wake of the Connecticut School shooting, a top state lawmaker wants the white house to consider california as a model for dealing with mental illness. Senate president pro tem Darrell Steinberg wrote to Vice President joe biden urging him to use californias Mental Health services act as a model for nationwide improvements. It levies a special tax on higher earners to pay for housing, medi
The governor of wisconsin has declared a state of emergency even before the storm hits. Six states across the midwest are under blizzard warnings. The system stretches all the way from the great lakes to colorado. The Rocky Mountain state already taking a big beating. 156mile stretch of interstate 70 had to be shut down yesterday because of the snow. It reopened late last night. This morning, 36,000 people are without power in the state of iowa. Lots of folks hoping to get a jump on the Holiday Travel rush, but they might have to turn to another plan. Meteorologist alexandria steele has been tracking all of this for us this morning in the Weather Channel center in atlanta. There are blizzard warnings in iowa and Tornado Warnings in mississippi. The top of this comma had the cold section. This is where the blizzard warnings are. Omaha to des moines, des moines to green bay is where well see the strongest winds and also a foot of snow. On the south side of this you can see where the fron
Capitol hill and also the man expected to be the next secretary of state is the one questioning the department he could soon take over. That is happening today all in a moment. First, we begin with the blizzard blowing out of the heardland. They are putting a freeze on the rush to get home for the holidays. Take a look. This is a very, very big storm. A volatile storm and now a deadly storm. You have rain out front and heavy blowy snow extending right now from missouri to michigan and i want you to look at the pictures with me. This is why you need to think twice about driving in this. Should you be in the path of the storm, look at the car. Bumper and bumpertobumper. This is kansas city not going anywhere right now. We have at least reports of at least one death. This is a chain collision crash near fort dodge e iowa. 30 vehicles and ten to 12 inches of blowing snow and near zero visibility. Let me say it once more if you are in this neck of the woods, think twice about driving. Look
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