The idea of a global communist system, which we did. I dont know that we have as clear a vision in this current confrontation with russia. Where do we want this to end . What do we want that relationship ultimately to be in something other than an idealized vision that we can never realize . I think that is how i reacted that, and that would be the principal problem politically, policy wise for the next administration. Mr. Clement i think there is an interesting parallel between the early 70s. Ieason example eyesight would site, when the russians annexed crimea, one of the first things putin did was turn to china, and very quickly director there were a series of deals. He was looking for market because you realize i have to plan ahead, maybe my european customers are not going to be there. Ive got to maintain my position in this trailer election should. Triangular relationship. He quickly turned to china. It was like the 1970s. On the chinese side, i think there is important distinctio
Trying to encroach into the market because they are apparently going to put out a generic and so they are trying to keep the market to themselves. They have their own at the pen epipen. Could you try to answer that s ugly as possible, how did we get here . Rex for most drugs once they lose their patent protection and mostey can have generics, rugs to get generics. But some drugs do not. Either they have large market, they have patents that say in pen has patents to go through 2025. Be aher cases, it might small market talking about for other patients in new mexico seeing price rises or a Single Source drug. Only one Company Sells it. And so in all these cases they do not have competition. In the u. S. , that is what keeps prices down is competition. There is some reason that competitors have not enter the market and broad prices down. Quick to have approved for these , why isnt someone stepping up and saying there is a lot of money to be made here, who do point to to say what is causin
In the Washington Post and other papers. One of them appears mostly on the internet, the other appears in the newspaper and on the internet. Brian what do you want people to learn from your columns . Robert my view is that im trying to learn something new in every column. I dont always succeed, and im trying to explain things the people, so that even if they disagree with me, which they often do, they will come away with more information. I think it would be failing if people do not learn something from most of my columns. Brian do you have a political approach . Do you come from a certain ideology . Robert i would not say i have any particular ideology. I am right of center. I am not pushing it partisan agenda. To the extent i push an agenda, it is mine and not a party agenda. In most cases, not even any of the major senators or representatives, which makes lame why over the years, i dont detect that what i have written has influence people to do anything good or bad. Brian is there a
A very good monday morning to you from me. Lets get to the action. Futures pointing a little higher at the moment, following the worse week since february. Last week we were expected to open slightly higher. The s p by six points. Lets look at the u. S. Tenyear note as well. Not much change. That range between 1. 9. One of the biggest stories overnight in terms of market movers, the japanese yen continues to show strength, the japanese currency hitting a new 18month high against the dollar overnight. Now youre seeing that stronger u. S. Dollar and weaker yen, thats been a little bit of a reversal over the last hour or so. That strong yen defined the session overnight. And thats why the nikkei in japan led the decline. Markets in china, taiwan, hong kong, and malaysia were all closed due to a holiday. A 7 move for one week. We flirted with going to a high. But were back to reaction from last week. And nikkei is closed tuesday to thursday. A big move in today. It had off three days of cl
Tell us where they are today. The republicans, yeah. The republicans had 179 seats at the beginning of the obama administration. They are up to, if you look at current leads at 251, some of those leads may evaporate as california in particular takes a long time to vote to count its votes. They theyve taken as long as five weeks. A week ago sunday, brazil tabulates the votes in five hours. In california, which believes itself to be a more advanced state takes five weeks. In any case, it appears that republicans have won more than the 234. They won it in 2012, more than the 242, they won in 2010. And almost certainly more than the 246, they won in 1946. You have to go back to the 1928 cycle to find a time when republicans did better in house elections. Norm was covering that for cbs radio. And thats thats there. Its, you know, part of this is baked into the cake by demographics. You know, in 2016, 2012, mitt romney who many of you will remember carried 226 house districts, carried a majo