Can say this is the definitive site in the federal city and the one site i have really enjoyed in the course of my career and all the interaction i have had with various historians and other scholars who i see come and go, as well as the comradeship i have daily with fellow rangers. I want to cover the history of fords theatre, sort of a general history, and work my way into the assassination. A little bit about the historical background of the theatre. The theatre was created in 1860, 1861, from what was originally a Baptist Church built on the Current Location on 511 10th street in 1833. The ford brothers were originally from maryland baltimore, where they ran three or four other theatres as well as an opera house. The theatre, when it opened at the outset of president lincolns term in office, it had a shortlived life. Following the assassination of president lincoln, the ford brothers were unable to reopen the theatre in the aftermath of the tragedy. There was public outrage at any
Last two weeks. The yields on debt that comes due in one month have risen to levels higher than yields for maturity thats dont secure for six months. Thats a big deal because normally an issuer would pay to borrow for longer periods of time. The institutions want to avoid being stuck with debt in the event of a default. Citigroup has told clients it would rather not take treasuries on october 24th as a sign of collateral. Andrew, this a sign your money is no good here. Weve got more on the situation in washington in just a few minutes. I dont know if people are going to be taking paengz or not, but i think we should see a number of Companies Set to post Quarterly Results for today. Before the bell, well hear from the follow. Citigroup, cocacola and johnson and johnson. Intel and yahoo are among the other we will be hearing from. Burberrys ceo is leaving the British Fashion house to move to, guess where . Apple. Angela ahrendts is going to take up a newly created position at apple with
Alexander and news capitol hill correspondent luke russert. Pete, lets start with you. What are you hearing from 1600 pennsylvania avenue . Does the president fully expect these congressional leaders will show up at 3 00 with a deal in their hands . Reporter well, craig, hes hoping that is the case obviously during his visit a short time ago to a local food pantry where he visited with the volunteers there. Among them federal Government Employees that have been furloughed, trying to reemphasize the impact that the shutdown is having on real merpz americans. If the republicans dont come to some sort of compromise, theres real serious potential for the u. S. To default. Theres a lot of countdowns going on. And then another countdown to wednesday at midnight before we head into the october 17th deadline. Obviously so crucial because thats when the u. S. Government according to the treasury secretary jack lew only has 30 billion in cash on hand in addition to whatever revenues he takes in.
Is coming and the financial world is moving from caution, concern, now to serious worry. Heres a result of this one combined mess. It covers, look at this, the new yorker saying congress is the haunted house. Speaking of ghosts of the past, look who revealed herself in washington this weekend, sarah palin was at senator ted cruises side at a rally at the world war ii memorial. How do you tell youre losing in american politics . Sarah palin is standing right beside you. Thats how you tell youre losing in this game. Joining me right now is nbc capitol hill correspondent Kelly Odonnell. Kelly, break it down, the progress or lack thereof thats been made over the weekend and where do we stand now to potentially get out of this mess . While everyone is talking about signs of optimism, the practical prg ogress is hard to measure right now. Leader reid and leader mcconnell, while they dont have the fuzziest relationship, they are tactically skilled and are charge of this. They met saturday mor
Package all wrapped in a big red bow, better fire off a quick note to santa. A grand bargain isnt going to come by christmas or new years when all sorts of tax increases and automatic spending cuts take effect. It may take up president obamas bare bones stopgap measure. That plan would block tax hikes for those earning 250,000. It would extend Unemployment Benefits to 2 million americans and put off spending cuts until the new year brings a new congress. Our expert on all matters relating to the fiscal cliff is dana bash. She joins me now from washington. Dana, great to see you again. Tell me does even a bandaid approach work . Its going to be tough. This is all math. But it really has to do with the math with regard to votes. And democrats especially who im talking to in the senate which is probably where this will originate, the reality is that democrats dont hold a very big majority. Her going to need to have a handful of republicans to Cross Party Lines and vote with them on the wh