Schools about does it for me for the latest on these stories you can head to our t. V. Dot com my colleague 7013 here in about 59 minutes time with news right now stay with us for the Financial News and cultural. Oh im max guys are this is the kaiser report and were going to get in the some really important things there are embarrassed rounds for we are now so lets bring states you know im going to it quickly read the 3 have ions i have here because its all about politics geopolitics and geo economics here the 1st fun because were in frowns ill start with a french headline because this was from macro own and after chump leafs trads mccrone warrants world as living the end of western hedge a moni if we also have a headline from the us that match is this to my mind and its from bill dudley former ahead of the new york fed started and 2009 after tim geitner a left until 2016 them before that he was with Goldman Sachs for about 2025 year is the fed shouldnt and the able donald trump do you
With don lemon. Hey, don. Thank you very much. Brooke is off today. A winter storm hammering the northeast with snow, sleet, and high winds after it barbed the south and spawned tornados and more misery. One of the tornados caught on camera. A walgreens in mobile, alabama, a tornado just churned through and josh holman was there when it happened. Listen. I never have been in a war zone, but im sure this is what it looks like. All the stuff that is lifted off the buildings here. There were totes and things left in the trees. I was thankful i was alive. Taken to carthy airport, a Southwest Airlines plane with 134 passengers skidded off the runway and luckily no one was hurt. As the snow piles up, thousands of travelers are stranded as flights are canceled and the kids out in the snow seem to be enjoying all of this. We will look at how people are coping and what else is in store. Chad . Wind for the big cities, don. It is going to be just one of the days where the planes cant get out of
Infrastructure becomes more obsolete by the day. That means the cost of doing business in america rises. Other countries those at the gap and we become less competitive. Right now, it can take 15 years to study a single project. Nothing gets going. The cost of these studies keep going up and up. To top it off, this bill was bloated with earmarks, freeforall spirit it is the worst of all rose. Republicans turned the page. We are sitting hard deadlines and cost limits for cutting out the outdated projects. There are no earmarks. These things mean breaking down barriers to the worthy products worthy projects. This is progress. When you entrust republicans with majority in the house, we pledge to do some simple things. Important things. Focus on jobs. Change the culture to make government more accountable to you. This is a great example of how we are delivering on both accounts. With so much more to do, its an example of what we can accomplish when president obama and Senate Democrats work
Today. If you are a recent College Graduate, there is a special line for you. Can catch up with us on all of your favorite social media. Happy memorial day weekend. I want to start off talking about commencement addresses. They are leading some of these papers in the last several days. Page of thefront Washington Post metro section on graduation at the naval academy. Defense secretary chuck hagel was the speaker. Sexual offense in the military. Storyw york times had a about Janet Yellens speech at nyu. There is a picture of the chairwoman of the Federal Reserve there. Abramson connection that was getting so much attention earlier this week. The Washington Post about her commencement address at Wake Forest University. We are asking you to call in. Message be tor the graduates of 2014 . Who would be your Commencement Speaker if you could pick . Some powerful quotes from governor Martin Omalley who spoke at the university of maryland. He had a jab at Climate Change deniers. Of the quote t
Speak to our Glenn Hubbard who im going to call glenn whos written this extremely brave and interesting book called the brit the wall and the bridge. Its just published by yale university, press in 19 in 2022. And professor hubbard takes us through really what globalizations done in ripping apart american policy and politics and how to bring it back together and he points to really these wall things that have come up. I dont think he quite meant trumps border wall, but rather protectionism things to try to block ourselves off to try to restrict trade to restrict peoples choice and on the other hand having to recognize that its very disruptive when technology moves fast globalization moves fast and his his metaphor the bridge is we need to find ways to get people from one place to another we are not going to stop the world from changing. Something thats you know, all too painfully a parent and the geopolitics today. Ive known plan for a very long time is a leading scholar in Public Fina