Dark in there. Lets start right into the game plan, since weve got so many Big Companies reporting. Bank of america. They have cost shareholders little but grief. The fed needs them the most to get going. It cant make as much money unless the fed raises rates. Will they surprise us . Perhaps. But bank of america is no j. P. Morgan. After the bell ibm reports stocks have been on a fabulous tear. Ibm has reported disappointing earnings for three straight years thats an incredibly long losing street. Watson is real, but the good news has not been able to trump the bad news of the older legacy business getting weaker. Thats the problem. After the last quarter, i thought the stock had come down enough to finally tell you to buy it and it would bounce. It has room to grow. Two more very Controversial Companies come after the close on monday. Its netflix and yahoo. The former acts like death. Its in the penalty box. Nobodys expecting much this time around. Thats a positive. I think the market
[applause] good morning and welcome to the center for American Progress. My name is carla martin. Im the the Vice President for policy. It is my honor to welcome to this exciting event. Our lineup today is a real testament to the importance of this issue to this administration and to president obama. Nearly one in three americans has some type of criminal record that creates barriers to employment, housing and many other pathways to opportunity. Some americans with criminal records are even barred from casting a ballot which denies the right to participate in our democracy after they have paid their debt to our society. The impact of these barriers goes beyond those previous convicted of a crime. Criminal records are a family sentence. In fact, they have found that nearly half americans children now have a parent with a criminal record. Study after study has shown that the barriers associated with the parents criminal record can severely limit the childs opportunities and lead to worse
And then drive it forward in 2017. Thanks for listening. [applause] i know j stand before you and lunch but i am happy to take any questions for you. Just an opportunity to talk about a book. It is called fixing the future and how canadas government worked together to rescue the canada pension plan. It is an interesting story and the same issue as the Social Security except we ended up with a situation where we doubled the contribution rate and built up the reserve fund and stabilized the contribution rate. It is a fascinating story. You have to figure out the story. I think that is a great point. The way the public and the private sector have come together we have studied this to achieve the policy in canada. Okay. Thank you, everyone. Once again i want to thank ida and the Aspen Institute. [applause] sunday, Hillary Clinton speaks at the mayors conference in indianapolis. We will have live coverage starting at 4 p. M. Eastern. And later, cspans conversation with democratic president
Experience with i. T. Was that it was boondoggle after boondoggle and a tremendous waste of taxpayers money spent on incompetent private contractors who never seem to be able to get things right. And im wondering if you could comment and perhaps its better now, and what impact this has on the current sense of trust among Public Officials regarding their sure. So i would say the failures are just as bad or worse in terms of government contracting, i. T. , healthcare. Gov and the electronic records archive, expensive yearlong projects that largely failed, with healthcare. Gov until it was rescued, big, massive failures. Whats changing is there are a number of people that have identified tractable, fixable problems with the contracting and the i. T. Contracting system, and so if you look at the u. S. Digital service or at 18f, these are new governmentled groups of people that are trying to change the way the government buys technology and to change the way the government builds technology
Republicans can call in at 202 7488001. Emocrats, 202 7488000 independents, 202 7488002. You can also catch up with us on twitter and facebook. Very good Tuesday Morning to you. We begin where the senate left off last night, those for gun measures failing in a series of senate votes. We are getting here thoughts. Here is the headline from the Washington Times this morning efforts to do something about guns devolves into partisanship. The story notes that senators could not find the sweet spot, instead retreating to partisan corners and stale mating on competing plans to try to keep firearms out of the hands of terrorists. Said thekers democratic plan ran roughshod of the Second Amendment. Last night after those votes failed in the senate, senator bill nelson talked about those votes and lamented the senates inability to act on gun control. What am i going to tell 49 grieving families . What am i going to tell the families of those that are still in the hospital fighting for their lives