Iconic institution was at risk. The doddfrank wall street reform and Consumer Protection act was signed in to law by 2010. We are the 99 . But the economy continued to lag and americans grew angry as none of the approaches were popular. In 2011, the anger found its voice. People are frustrated and suffering and want something done about it. Thousands of protesters from around the nation filled new yorks zicotti park in washington. The u. S. Housing market is rebounding, and tarp has been paid back, but unemployment is still a problem at 7. 3 , and job gains have been small. Americans are cautious. In a recent Pugh Research poll on the recovery, nearly half of respond acts said the country is still at high risk. While 43 said the government has been too involved. 63 of americans polled believed the u. S. Economic system is no more cure now than it was in 2008. Thats in contrast to a third who think its now safer. The study concluded that American Consumer and Business Confidence in the
Different picture. All ten sectors are winning, intel leading the way on the Dow Jones Industrial average, multiple upgrade including jpmorgan, putting a price target of 29 on intel and this is because they think the pc market will hold on. And the Technology Leading the way but drug stocks, retailers, oil services, a lot of green arrows today. Back to you. Lori thank you. Dennis a warning for cash strapped state after three years of research the state Budget Crisis Task force issues a final report that warned state and local government finances remain in the journey of fixes despite tax revenue, peter barnes live from the capital with more on his first on fox Business Interview with a coauthor of that report. Peter new york state lt. Governor dick ravage who along with former fed chairman paul volcker have been looking at this issue for the last three years, First Financial crisis which ravaged the state and local budgets, collapse in tax revenues as you know her lot of states in citi
It a boom coalition. I want them all out. If you had that i think people would punch it to a large extent. From my point of view the potentiality is there. I dont have the name, i dont have the way in which it comes together but there is a lot more togetherness with the right and left in certain areas and we think as we look at individual issues. We have one more question, grab your ipads that come up if they have read that may be are we publishing this . Publishing the responses . When it comes to the recession recovery and the federal government made matters worse, made matters better, didnt matter much either way. Bill, third party. I would like peters ideal candidate. I saw your cfo there are enough ideal ceos, real people, all of them, and we pick that person and an independent party needs a democrat to nominate someone to the left of Hillary Clinton, they need someone to nominate someone well to the right of our last two nominees and the leaders in the middle, and the thing that
When you talk about the decrease of trading in the markets in the last 19 years, you have to take credit for that. We as an exchange have to make sure that we give equal access to all investors in our marketplace. Thats our primary responsibility. Charlie and conclude with Howard Schultz, chairman and c. E. O. Of starbucks. Well, this was an adventure. All of it could only happen in america. People have said that many, many times. I am the quintessential entrepreneurial story growing up on the other side of the tracks and here i am. Its almost hard to believe. I think what it says was i was willing to take some risks, i was willing to put myself out there and i also learned early on success would be best if shared. Charlie mendez, greifeld and schultz when we continue. Theres a saying around here you stand behind what you say. Around here, we dont make excuses, we make commitments. And when you cant live up to them, you own up and make it right. Some people think the kind of accountabi
Africas priority but also see how the rest of the globe. 2015, whatever it is, it has to be. Were lucky, as an envoy of the president , to be part of that process, to be part of the process of the u. N. Development, u. N. For 2015 visions, Highlevel Panel that had 24 members from a different part of the world and also cochair by indonesia and britain. Just the same we handed over to secretarygeneral report, the eu met and decided, well, its the time to create this group. Its about creating a group of experts, which was the case of the mpgs. Okay. Start with a political process. Well eliminate a few head of states. They decided two head of states each of the economic regions of africa. Two from west africa, guinea and liberia, two from north africa, algeria, two from central africa, utopia more ittious, south africa and we set up the head of the and the president was named to chair the process. We have been having meetings. The big problem how do you reduce 60 or 70 priorities into work