Mr. Portman mr. President . The presiding officer the senator from ohio. The presiding officer mr. President , im here on mr. Portman im here to talk about the steps congress should take with respect to the coronavirus pandemic. Im start with the legislation that majority leader senator Mitch Mcconnell introduced yesterday, one of the aspects of it that hasnt gotten much attention and i think is very positive and an effective way to get the economy moving in a safe way is some tax legislation. These are tax credits and Tax Deductions that help to encourage the hiring of new workers but also to do so in a safe way. These are the kinds of things that make a lot of sense and have a lot of bipartisan support and appeal. So i think it should be part of whatever final package we end up with. The goal of these tax incentives is to say that we want people to reenter the workforce but do it in a safe and sustainable way. For example, in the mcconnell proposal is legislation i introduced called
Pretending to be max keiser and sending d. M. s to people if max keiser d. M. s you its not max kaiser said its a and posture but there are people imitating max as well in the main stream Financial Press and that is c. N. N. B c looking at the data out this week about the cantillon effect essentially what weve been talking about here in report for quite a long time but a lot of data is out about the wealth and income gap and the inequality that has happened since the financial this latest financial crisis the pandemic induced crisis and they actually kind of suggest something akin to Interest Rate apartheid as part of that a tale of 2 recessions some americans thrive as others suffer the recessions financial pain is concentrated among certain groups like minorities lower honors and women others especially white men high earners and those with higher levels of education have been insulated the disparity even extends to those lucky enough to still have jobs which is unique during downtur
Are anything but we will show you how anarchist set fire to police stations and court houses and buildings and Small Businesses and officers have been assaulted and attacked with baseball bats, bricks and they are assaulted to tonight on secretary of state pompeo with a historic speech speaking directly to the people of china to say stand up to your totalitarian leaders four years around the globe condemnation on the slave labor concentration camps atop democratic senator agrees with President Trump on shutting down the chinese embassy. How will china retaliate . Also president of the black conservative federation is with us on why the democrats are silent why they are spiraling out of control in cities like chicago where they live so now why are they pushing back were 75 people have been shot in chicago since last friday including a two yearold baby girl. A fivemonth infant shot last week. Also media reports cnn and others say yes President Trump is right, these reports came out on 20
Are anything but we will show you how anarchist set fire to police stations and court houses and buildings and Small Businesses and officers have been assaulted and attacked with baseball bats, bricks and they are assaulted to tonight on secretary of state pompeo with a historic speech speaking directly to the people of china to say stand up to your totalitarian leaders four years around the globe condemnation on the slave labor concentration camps atop democratic senator agrees with President Trump on shutting down the chinese embassy. How will china retaliate . Also president of the black conservative federation is with us on why the democrats are silent why they are spiraling out of control in cities like chicago where they live so now why are they pushing back were 75 people have been shot in chicago since last friday including a two yearold baby girl. A fivemonth infant shot last week. Also media reports cnn and others say yes President Trump is right, these reports came out on 20
Throughout this conversation, you have been talking a little bit about the housing market. It was interesting that the university of Michigan Survey actually now says that about 64 of people think it is a good time to buy a home. Fannie mae came out with a survey today. They are showing a nine point increase, to now 76. 5 of the survey respondents would like to buy a home, that now is a good time. A lot of that in part is due to valuations. Then the low mortgage rates, as you assume lower for longer thanks in part to the fed. Very curious as we sort of touch on equities and go into real estate. Before we get onto the election risk. That theot surprised university of Michigan Survey would be positive, because rates are low. People are not walking through a home. I dont know anyone who would buy a home virtually. Most of the home sales are people who had seen the property ahead of time before we had all the shutdowns. Commercial real estate, where we invest, it is impossible to figure ou