Robert grey near. Charles r. Schwab, the david foundation, inc. The fair weather foundation. Craig newmark philanthropies. And by Corporate Funding is provided by stephens, inc. Maya macguineas, welcome to firing line. Secretary reich, welcome back to firing line. Thank you. Thanks so much. Robert reich, you served in three president ial administrations, including as labor secretary for president bill clinton. And maya, you are the president of the Nonpartisan Committee for a responsible federal budget. Id like to start first with a Television Advertisement from e 1980s warning in very stark terms about the consequences of the National Debt. Take a look. Morning. Shall we get down to business . Now that youve joined us, youll enjoy numerous rights and privileges, but you will share certain problems, as well. Specifically, you owe the United States government, in round numbers, 50,000. When that advertisement aired in 1984, the National Debt was just under 2 trillion. Right now, it is a
Conditions. Laura. Yes, certainly looks like the strongest wind event easily of the year is pretty impressive were going to see all those winds rolling down the bay area almost a textbook like pattern developing now as were going to see these winds beginning to kick in and theyre going to get ferocious starting on sunday night i believe but even thinking up by the afternoon in the north bay, but this together you can see surface area of High Pressure kind of building into the north youve got low pressure diving into the great basin. Its that contrast in the winds that brings us those strong gusty winds around the bay area you can see the iso bars here in white the tighter they get the stronger the winds were expecting a major wind event sunday night into monday morning. Even some damaging winds real possibility, so yeah weve high weather watch going up for the entire bay area same with the red flag warning doesnt matter where youre at were all going to feel these winds. Now over the mo
Up next, consumer advocate and president ial candidate ralph nader joins several experts discussing capitalism and free market policies. This is part of a day long conference. Were going to get underway. Im ralph nader. Welcome to the conference on the myths of market fundmentalism. We welcome the distinguished participant whos are delivering summaries of their intellectual and active work on this subject. This is really the first of conference of this kind. There have been single issue conferences focusing, for example, on regulation, deregulation and Market Economics. It approaches it from many angles based on the work of many years of scholars and activists and people who engage in both endeavors. Also welcome cspan and Real News Network out of baltimore who are conveying the proceedings to a larger audience. We will submit the papers here and also turn the material into a variety of media interfaces. Its important to know that free market mythology is basic educational tool in this
force which means maybe inflation pressures will ease a little bit. and i ll point this out, joe, and mika, the idea here, interest rates didn t move on this and neither did the expectations in the futures market for where interest rates will be by the end of the year. so, again, kind of like that goldilocks scenario. i mean, at least for this month, of course this is a month by month thing, but at least for this month, you look at everything from new jobs added, job participation rate, the wages going up, but not so high that it adds inflationary pressures on the economy. a lot of really good news in this report. and legendary tweeter duke st. journal said, i think this may be a few minutes ago, i think this may be what a soft landing looks like. if we were of course to continue to move into this direction, dom, i guess this would be what a soft landing that the fed is desperately trying to achieve would look like, right? this would be. and the reason why you have this s
injuring more than 100. this video from moments after the attack. this video is difficult to watch. we are told the driver jumped the curb and swerved from side to side, plowing into anyone who didn t have time to jump out of the way. the pavement soaked in blood. victims screaming or unconscious or crippled from broken bones. witnesses describing a scene of chaos, confusion and suffering. they were screaming and everybody started to run. they run forward and. when didn t know. we just saw a massive amount of people trying to recover from something. we weren t sure if it was shots or some type of thing. but we didn t know at the moment. they advised us we didn t know if it was a bomb or what. kennedy: police locking down the city as they search for the suspect or suspects. two men reportedly under arrest and cops say neither was the driver. investigators across europe are searching for whomever was behind the wheel. isis claiming responsibility but it s unclear if that