[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
Theyll tell us what they expect for 2014 and how their position now higher right now by 14 points. Reports that the has decide odd a 50 billion euro a month Bond Buying Program for at least a year. Those reports come ahead of tomorrow mornings ecb meeting. Were also watching microsoft. Today is a make or break moment for the tech giant. Right now its unveiling its next generation of windows software. Stocks move quickly at the open. Its europe. Its oil. Its chooip. Three sect or that is are moving today. Let me show you germany which by my eyeballs closed at an historic high. Theres been talk that the ecb might announce a program. 50 billion euros a month. 50 billion euro ones on its qe program. Some people think its not enough. Others say its a start. Germany moved up on that news earlier on than down. Then slowly drifted up. Its closing at a historic high. Elsewhere, oil has stabilized around 45 to 48 in the last week and a half. Thats very important because that means stability in t
Volatile trading day with stocks ending modestly higher as anticipation builds for the expected announcement of a massive stimulus package from the European Central bank. Heres how things looked at the close. The dow up 39 points despite a big drag from a 3 decline in shares of ibm following weaker full year guidance. The nasdaq was up 12 and the s p added 9 points. With stocks gains and losses today, investors are looking for some real direction tomorrow when we learn just what the ecb has in store for europe and for the global economy. The European Central bank has one big tool left in its belt quantitative easing. A massive Bond Buying Program aimed at restoring growth to its economy similar to the one the u. S. Federal reserve ended latz fall. The Big Questions are, just how big will the program be how many euros are involved how long will it last and ultimately will it be enough to make a difference . To think that the ecb has a magic wand and will already change all the situation
Volatile trading day with stocks ending modestly higher as anticipation builds for the expected announcement of a massive stimulus package from the European Central bank. Heres how things looked at the close. The dow up 39 points despite a big drag from a 3 decline in shares of ibm following weaker full year guidance. The nasdaq was up 12 and the s p added 9 points. With stocks gains and losses today, investors are looking for some real direction tomorrow when we learn just what the ecb has in store for europe and for the global economy. The European Central bank has one big tool left in its belt quantitative easing. A massive Bond Buying Program aimed at restoring growth to its economy similar to the one the u. S. Federal reserve ended latz fall. The Big Questions are, just how big will the program be how many euros are involved how long will it last and ultimately will it be enough to make a difference . To think that the ecb has a magic wand and will already change all the situation