Cspan. Org. We are going to take you live to the white house for a briefing on the possible Government Shutdown. We want to get you folks up to speed on where things stand in the possible lapse in funding. Omb is preparing for what we are calling the schumer shutdown. It still surprises me and i have been through some of these before that the democrats in the senate are opposing a bill they dont oppose. They are for clean crs and the extension to the chip program and many support the delay in some of the taxes, medical device and cadillac tax. They dont oppose anything in the bill but they are opposing the bill. I just want to let everybody know we dont want this. We do not want a shutdown. If m if mr. Schumer insists on this, he is in a position to force this on the american people. From an omb perspective, we are involved in managing a lapse or a shutdown. We want folks to know it will look very different than it did under the previous administration. One of the things i have learned
Decision to is suspend brady be upheld. The judge recommended two sides settle dispute out of court. Game of thrones will likely continue for three more seasons. Hbo executives planned to run eight seasons. The smash hit had 20 Million Viewers last season and received an astounding 24 emmy nominations. Lets get to the top story, exxon and chevron both releasing their Second Quarter. Here is how tough it has been on the big firms. Exxon expected to report a net income of 1. 12 a share. In the same quarter last year they reported earnings of 2. 05 because of cut in price of oil. 150,000 energy jobs have been cut since the fall according to phil nine, price futures group. He joins me from the cme. This week we had more layoffs and it continues phil. Where are we in the cycle of the downturn . I think it is almost a panic with big Energy Companies. Really, maria, a lot of these layoffs will be accelerated because of what happened in the month of july. Early july there was a little bit of o
You all very much. Thank you. [applause] thank you. Jay, thanks for the nice introduction. Ed, thank you for the many kindnesses youve shown to me and my family. Is my First City Club without paul green and i miss him. I know we all do. Person. C and a great resource. And always had a little jab for a tougheaker, with question. I looked forward to it. And im sure you, in his make sure i face the music afterwards too. [laughter] one of myenton is faves. And she and i went to i toember saying, would you go a cubs game with me . Because she wears cubs earrings. She said sure. Day a few opening years ago. And naturally, opening day at wrigley field, you never know expect. Well, it was a snowstorm. [laughter] ended up, up in a box. And we were there with billy williams. Taken. Got her picture and i was sitting there, watching the game. I looked around and darned if she wasnt waiting on everybody in the box. And i youre a guest. Youll have to work your today. A wonderful lady. Glad to have h
[applaus [applause]. Thank you all very much. Thank you. Thank you. Jay, thanks for the nice introduction and ed macer, thanks for the kindness youve shown to me and my family. This is my First City Club without paul green and i miss him, we all do, a fantastic person and great resource and all the had a little jab for every speaker with the tough question, i looked forward to it and im sure you will in his tradition make sure i face the music, too. And donna is one of my faves. And i remember saying would you go to a cubs game with me because she wears cubs earring and we went to opening day, you never know what to expect. Well, it was a snowstorm and we ended up in the box and we were there with Billy Williams and she got her picture taken and i was sitting there watching the game and look around, darned if she wasnt weighting on everybo everybody waiting on everybody in the box. You dont have to do that, youre a guest. And as i told the people at the table, with your permission, she
Thank you. This is my First City Club without paul green and i miss know we all do. Fantastic person and a great a littleand always had jab for every speaker with tough questions. Im k forward to it, and sure you in his tradition make sure i face the music afterwards too. Donna fentin there is one of my fa favs. To a d say would you go cubs game with me. She said, sure. Naturally, opening day at Wrigley Field shgs you never to expect. It was a snowstorm, and we ended box, and we were there she had williams and the picture taken. Darned if she wasnt waiting on box. Ody in the i said, donna, youre a guest. Work here ave to today. Shes a wonderful lady. Table,ld the folks at my with berettas permission, shes my other girlfriend. Donna, glad youre here. Discuss thisant to afternoon is serious and i hope each and every one of you will thoughts and re questions on anything that follows. It relates to the reality of the world that we live in. Do you remember the world you in . Some people do.