Rosanna they call it the grunt work. Hes going door to door. Greg it is a little weird. Corn stalker. Take a look. Hill rerebuffs the offer to help out but the mayor cant take the hint and sticks around. Now go back to the pictures. Walking around, the grunt work, might be suitable for a college kid or a high school, intern, hes got responsibilities here. 8 Million People live in the city, and 3. 2 in iowa. Hes taking the time off and ringing the doorbells. Does that make sense . Rosanna he feels he owes Hillary Clinton and feel hes a movement. Greg whatever. Look at iowa. Look, im not complaining, but it is crazy, 3. 2 million live in the state. We have more than 8 million in the city alone. Rosanna thats it, lets call him. Greg we have word on where mayor deblasio is staying. Hes probably sleeping. Rosanna lets try to call him. Greg go with the Embassy Suite is. Put that on speaker. Louder. Rosanna okay. Not ringing yet. Hold on. Okay. Greg bill deblasio please. Can you connect us to
It caused the averages to slightly rebound. The dow closing up 46 points, pretty impressive. Call me cynical, but i think we need to be careful about getting too excited about any near term resolution. How many times during the debt ceiling debacle, remember that . Did our leaders insist they could hammer out a deal. Even a huge grand bargain to fix the deficit only to have the negotiations unravel. Until we get a resolution, the fiscal cliff will be the most important issue out there. Tonight as part of my game plan, im going to give the historical prism as long as the cliff is hanging over our heads. As a grizzled veteran of the markets, i searched my memory for the perfect analog for this moment and found it in something that happened more than 20 years ago before i give you the investing framework for the next six weeks, lets go over the more time sensitive stuff and game plan for next week. Shortened week because of the holiday. First off on monday morning we hear from lowes. Home
You can blame the democrats for their inability to offer any cuts to spending. You can blame the republicans for not wanting to even consider tax increases. But dont you dare blame ben bernanke for not being willing to take bold action to get this economy hiring and moving again even if his statements about economic weakness ultimately cause the averages to stumble from some pretty lofty levels. Dow ultimately declining ability 3 points, s p inching up 4. 4 . Closing in positive territory. Nasdaq giving up. 28 . When you look at what ben when you look at what ben bernanke did today youve got to marvel. The republicans themselves refuse to get specific on spending until they see something from the white house. The elected portion of our government is not helping this economy at all. Their failure to rise above politics to reach a compromise is now really starting to hurt the u. S. Economy. In this vacuum, the fed has decided to keep rates low. They stepped in saying listen, business, we
Money with these measures, at the expense of veterans. And email showed that he gave explicit directions to a hospital in fort collins, colorado, and having long treatment delays. The scandal was revealed after he retired doctor claimed that as many as 40 veterans died while awaiting treatment. And the hospital administrators covered up their identity on a secret list. And the white house again today showed support for eric shinseki. The president remains confident that he can take appropriate action. There seems to be no part of the Obama Administration led government that is working as intended. Is there anyone capable of doing what is expected . The administration is now marden scandal in the treasury department, the department of justice, the bureau of Land Management, to name just a few. And did we mention obamacare and health and Human Services department . From one to be a scandal as well as the latest developments in the ukraine, we are joined tonight by former army vice chief
Federal reserve shows student debt levels have doubled over the past 10 years, erasing ownership dreams for many. Something policymakers in washington seem to want to ignore. It is no wonder because in our nations capitol the good times keep on rolling. Usually when were talking about houses in washington, were talking about this one. Or this one. But the nations capitol is also home to a rather unusual market, a market that is often called recessionproof. D. C. Went down only about 10 in the downturn and sort of already made that back. A lot less volatile but yes, highpriced and expensive. But also in some degree supported by high levels of income. People get paid a lot here. Gerri when mark fleming says people get paid a lot, he isnt kidding. Six of the nations 10 wealthiest counties are in the d. C. Metro area according to forbes. Falls church, virginia, forbes says more than half houses are valued between half a million and one million dollars. Annual Median Household Income in fal