Have the infrastructure we dont have the institutions like all these small and Medium Sized Enterprises having to borrow via you know the s. B. A. The Small Business administration that used to be set up during the end of the Great Depression to give money to them instantly and directly from the treasury now it has to go through banks but banks no longer lend to small and medium size and prices because everything is about real estate in the commercial real estate and Derivatives Market and free money for them so we have a situation where theres no distribution of the liquidity of all the abundant capital in the system wont remember the soup nazi from seinfeld saying no soup for you right i mean there was soup available but there was no soup for you so now the central bank has plenty of soup theyve got plenty of cash but no cash for you but why for no reason that makes any sense other than the fact that they are in the service of a bunch of. Kleptocrats and are simply printing money for
Were live from sonic automotive, one the nations biggest auto retailers. Well look through political lens of local business as we look through the hour. Any minute we have new comments to play back for you from President Trump. He haas been speaking to reporters outside the white house, joined by the hhs second alex azar. Also Anthony Fauci after they tour ad medical facility toured a facility from maryland as the coronavirus outbreak spreads throughout the country. We have the first confirmed case here in the state of North Carolina. Well bring all the president s comments as soon as we have them. That could be any minute. Coverage of big stories, blake burman at the white house, Kristina Partsinevelos on markets on the floor of the new york stock exchange, robert gray in california. Kristina, first to you. Kristina what a day. We talk about volatility. Start with the futures market. Then when the fed rate cut came we saw a huge increase and a selloff. We ended the dow about 788 point
Criticizing President Trumps conduct in office. All right, cool, but, you worked super closely with him for almost two years this is like, leaving a hospital job and saying, oh, by the way, dr. Friedman never washed his hands. [ laughter ] why are you just telling us now . Did dancing with the stars not call you back . I cant believe im going to say this, but i have more respect for scaramucci that dude was there for a week and a half, but hes been out here warning us about trump for two years. So [ laughter and applause so why dont you put your face back in your hand and carry it out to the garbage President Trump hinted yesterday that he may pardon his former adviser roger stone who was convicted as part of the russia investigation. Oh, come on, roger stone doesnt get pardoned from prison he escapes from it i mean, look at him. [ laughter ] like a 60s batman villain if he does get pardoned, this is what it will look like [ laughter ] attorney general [ applause ] attorney general wil
All the sport with gavin. With news Anthony Joshua 7 with news anthonyjoshua . That is right, he is back in the ring in june but it is not the match the British Public might have hoped for. Looking rather lovely there. It is indeed, a touch of spring in the airfor it is indeed, a touch of spring in the air for the first week of march after we have seen a record breaking wet february. That will come as good news, i will be discussing how wet this february has been. We will be answering your questions on coronavirus with two leading academics so do get in touch with your questions. Hello everyone this is afternoon live im ben brown the Prime Minister says the uk should be prepared for the coronavirus to spread. He said its a problem thats likely to become more significant in the days and weeks ahead. Boris johnson was speaking after he chaired an emergency meeting of ministers this morning. A plan of action for the uk to deal with the new virus will be announced tomorrow. The number of c
Conduct in office. All right, cool, but, you worked super closely with him for almost two years this is like, leaving a hospital job and saying, oh, by the way, dr. Friedman never washed his hands. [ laughter ] why are you just telling us now . Did dancing with the stars not call you back . I cant believe im going to say this, but i have more respect for scaramucci that dude was there for a week and a half, but hes been out here warning us about trump for two years. So [ laughter and applause so why dont you put your face back in your hand and carry it out to the garbage President Trump hinted yesterday that he may pardon his former adviser roger stone who was convicted as part of the russia investigation. Oh, come on, roger stone doesnt get pardoned from prison he escapes from it i mean, look at him. [ laughter ] like a 60s batman villain if he does get pardoned, this is what it will look like [ laughter ] attorney general [ applause ] attorney general william barr said in an intervie