Addresses governor kcuomo gave s part of a threeday Regional State tour. This is just over 40 minutes. [ applause ]. Thank you. Thank you very much 3 thank you. Thank you very much. Thank you very much. Thank you. Thank you. First to our great madam secretary of state whos doing just a fantastic job, lets give her a round of applause. His eminence, thank you once again for your leadership and guidan guidance, cardinal oconnor. [ applause ] we have our attorney general, who is doing great work with us. Eric schneiderman, please stand. [ applause ] our new york state comptroller who is doing a great job, tom dinapoli. [ applause ] we have mayor bill de blasio of new york city. The last time i was with the mayor, we were at new years eve. We did a new Years Eve Party in a subway station at the Second Avenue subway. Nobody had heard of it before. It went so well that the mta is now starting a catering service. You can have a party at the Second Avenue subway. Theyre specializing in marriag
And building up the state. Her address comes courtesy of South Carolina etv. [applause] please be seated. Ladies and gentlemen of the joint assembly an honored guest. I am proud to present you have to the honorable governor of South Carolina. [applause] thank you very much. Thank you. Mr. Speaker, mr. President , ladies and gentlemen of the general assembly, constitutional officers and my fellow south carolinians tonight, we have come together to discuss the state of South Carolina the success we have enjoyed and the challenges we face. But we must first acknowledge, as we do every year, that without the selfless sacrifice of our men and women in uniform who have dedicated their lives to protecting our freedoms, this night would not be possible. So now, please join me as we pay tribute to those who gave the last full measure of devotion in the service of their state and country capt. James e. Chaffin iii, West Columbia staff sgt. Irard jerry gass, jr. Huger Deputy Sheriff joseph joe ma
Any Federal Reserve chairman in the postwar period, or at least one of the best about 2 average inflation. So we have worked on both sides of the mandate, and were trying to achieve a stronger economy for everybody. Reporter and for now, at least, markets believe bernanke can keep his inflationfighting streak alive. That is something that is worth pointing out to the critics that say the fed is creating all sorts of inflation pressures. For the moment, there is no evidence of that. He was in very firm territory in making that point. Reporter bernanke was firm in making another point. He called on congress and the president to replace the immediate sequester spending cuts with a more gradual reduction in the deficit. But it doesnt appear anyone in washington is ready to take his advice. Darren gersh, nbr, washington. Tom michael farr is the president of Wealth Management firm farr, miller and washington. He joins us from washington, d. C. Tom lots going on in that building behind you, m
Strategy, but bernanke offered a Strong Defense for the program thats aimed at keeping Interest Rates low. The risks, he said, were manageable. Hope the fed would continue its easy efforts to stimulate the economy had u. S. Markets seeing green. The dow gained 116, the nasdaq is up 13, and the s p rose nine. Washington bureau chief darren gersh has details on the fed chairmans Strong Defense of his aggressive policy to support the economy. Reporter sure, there are risks when the Federal Reserve is buying almost 3 billion worth of bonds every day. But chairman ben bernanke told congress basically, we got this. Although a long period of low rates could encourage excessive risk taking, and continued close attention to such developments is certainly warranted, to this point, we do not see potential costs to the increased risk taking in some Financial Markets is outweighing the benefits of promoting a Stronger Economic recovery and more rapid job creation. Reporter with unemployment stuck a
Any Federal Reserve chairman in the postwar period, or at least one of the best about 2 average inflation. So we have worked on both sides of the mandate, and were trying to achieve a stronger economy for everybody. Reporter and for now, at least, markets believe bernanke can keep his inflationfighting streak alive. That is something that is worth pointing out to the critics that say the fed is creating all sorts of inflation pressures. For the moment, there is no evidence of that. He was in very firm territory in making that point. Reporter bernanke was firm in making another point. He called on congress and the president to replace the immediate sequester spending cuts with a more gradual reduction in the deficit. But it doesnt appear anyone in washington is ready to take his advice. Darren gersh, nbr, washington. Tom michael farr is the president of Wealth Management firm farr, miller and washington. He joins us from washington, d. C. Tom lots going on in that building behind you, m