Year. That was higher than last year. There was a spike in shortterm money rates that weighed on sentiment today. Chinas central bank refused to injex cash into the money markets for a second straight session. Japan, the nikkei was down by almost 2 . The hang seng was off by 1. 3 . And the shanghai composite was off by 1. 25 . Well see if that weighs on market here this morning. Steve, right now, ill send it over to you. Thanks, becky. In corporate news, jpmorgan reportedly nearing a roughly 6 billion settlement to settle claims with Mortgage Backed securities in a run up to the financial crisis. In separate news on the bank, jpmorgans 13 billion mortgage settlement with the government kind up costing the company lows her to 9 billion after taxes. A number of buyout firms, meanwhile, are reportly exploring a deal for all of part of safeway. The name includes cerberus. Activist investors Jana Partners says the Company Shares are undervalued. It held talks about reviewing if strategic ey
And we kind of stay there for some time. Why did it wane . Look at drug patterns. They remain there about 15 or 16 years and a run in 20year cycles. The crack cocaine cycle is no more. There are still people who use crack cocaine. It is nowhere near where it used to be. In the absence of that driving the violence, and then we are down in the 200 range and we got stuck there for a long time. Even when i took over in 2007, in 2006. 69 one hundred 81 in 2007. We are persistent with yang violence. And violence was born accelerated during the crack cocaine. Even when the crack cocaine one away, the gangs didnt. Coming down from the 186 down to where we are now, about a 54 drop in murders. It has been constant focus on end guns, the high offenders and bring the community into work with us. That is been key in dropping at that last 54 . That was a portion of a presentation of q a. You can see the entire program today at 7 00 eastern here on cspan. Some news to share with you today. Just. S. P
Just make sure there is someone in front of you. If there is somebody you can focus on it is easier. How far are we going down . We will stop here. One of the things i wanted to point out to you here coming down the steps you will see that the 36 rib trusses that form the superstructure of the dome converge here to the 12 that go up to support the statue of freedom. As you can imagine, trying to merge 36 items into such a small space at the top was too great so every third truss is the one that continues forward and the two that flank it merge into its side for buttressing support. What you also see is the enormous super structure has very slender bands that reach down to suspend the shell below. And it has a very thin element that reaches out to the shape of the exterior dome. The brilliant thing about this design is that the dome is exposed to very harsh conditions on the outside, very cold in the winter, extremely hot in the summer under direct sun. Some plates may approach 130 degr
And president obama took time to talk to the nation about his agenda Going Forward. As for republicans, well, they tried to figure out just how they blundered themselves into the disaster they engineered. And today, theres plenty of blame to go around. This morning, the crisis is over. We fought the good fight. We just didnt win. Folks said we were going to lose turned out to be correct. I cant argue with that. It was a fools errand. We were not going to defund obama care. Instead of bringing people through crisis, we are creating it for them. Republican senator burris said, its the stupidest idea ive ever heard. And i think a lot of Establishment Republicans really never thought it would come to this. In the last 24 hours, conservatives tried to come to grips with the depths of their defeat. I was pondering if i can ever remember a greater political disaster in my lifetime. All this crap about the law of the land. The law of the land is the constitution john boehner was never going to
It was a fools errand. We were not going to defund obama care. Instead of bringing people through crisis, we are creating it for them. Republican senator burris said, its the stupidest idea ive ever heard. And i think a lot of Establishment Republicans really never thought it would come to this. In the last 24 hours, conservatives tried to come to grips with the depths of their defeat. I was pondering if i can ever remember a greater political disaster in my lifetime. All this crap about the law of the land. The law of the land is the constitution john boehner was never going to fight hard on obama care. I voted no on the bill, because this means barack obama got 100 of what he wanted. Senate republicans were divided and became basically an air force, dive bombing the House Republicans and conservatives. It would be hard to gin up this kind of effort again. I just think thats clear. Those are the people who will tame blame for shutting the government down. But the socalled suicide cauc