Security to their more senior members, but it also means that School Districts are forced to first, the new hires even if those teachers are star performers. Parents object, but the unions have decided they can accept that. Also want, understandably, generous Retirement Benefits for their members. In michigan, 20 7 of School Districts budgets are going to provide pensions and health benefits, and its not hard to see why. In this state you can retire after 25 years to collect full benefits. You have a lot of teachers retiring in their late 40s or early 50s. If costs were going to be cut, they wanted those cuts to come elsewhere. They wanted taxes to go up. That is what has been happening in wisconsin. In wisconsin, School Districts and municipalities simply did not have the power to roll back some of those union benefits, so the only solution to keep the Services Going was higher taxes. The unions were fine with that, but it was not until scott walkers reforms, which they protested vehe
Maria we have breaking news this morning, we will take you for a live look out of new orleans, look at this, we are tracking tropical form barry this morning, making its way toward expected landfall in louisiana, we are bringing you the very latest developments this morning and live updates all morning, stay with us on the developing story, joining the conversation, Fox Business Network dagen mcdowell, the American Conservative Union chairman mat sclapp and michael block, great to see everybody this morning. Great to be here. Great to be here, im glad its dry. Maria im glad its dry too. We have a storm that we will be tracking, look at the markets, michael, another record high yesterday. Record territory once again, dow industrials up 95 and nasdaq up 24, to what do you attribute strength once again in consistency . Dow jumping above the 27,000 mark for the First Time Ever yesterday. A couple of weeks ago jay powell was waffling on path to rate cut later this month and he came out this
A major part of the population. And sticking with facebook and labor for many here in the liberal white paper there were references to their blog chain promoting what theyre calling an open identity standard essentially the idea behind indemnity in this regard is making a way for users to be able to have a fully verifiable digital version of identification that would work throughout the internet sort of walk us through how this technology would work and the specific benefits of this kind of identity. One of the key problems with this emergence and as we go over to doing more and more online and having more of our lives online has been this. Disconnect essentially between our physical lives our physical identity and being able to prove you know flawlessly that this is the same individual and in all. Line capacity and this just hasnt been done to an adequate way and so this is a you know a very exciting part of what facebook is trying to do and were very big fans of open identity systems
Absolutely and thats a great question and one of the Key Properties of block change is the ability to move funds anywhere around the world any time without an intermediary without a bank and around the world theres 1700000000 banks individuals around the world and so with the ability to use blog chain youre actually able to help bank and provide Banking Services to these individuals for savings spending bore away and insurance and facebook came out and said libra is going to help to bank the unbanked in under banks populations and this just doesnt seem to be the case if you need a bank account you need an identity i mean this is cutting you know one in 3 adults all around the world and this is one of the problems related to also the k y c n. N. Which you know make facebook have this as a requirement and as of now that just seems to be creating issues and leaving a major part of the population. And sticking with facebook and labor for a minute here in the labor white paper there were re
Wants to know. And that would be a big try on of the many by the few yes as britain has for bracks it all been assembled and the entire remained team around him this in a week when those who seek an anti neo liberal e. U. Were arguably dealt a blow is the e. U. Chose people like the head of the i. M. F. To run the european Banking System yes this person the head of the International Monetary fund has been found guilty by a french court of negligence when she was the countrys finance minister Christine Legarde had denied accusations which said she allowed the misuse of public funds over a 400000000 euros state payout to a business tycoon the tapped new head of the e. C. B. Is also notorious for backing austerity across europe in britain austerity is linked to hundreds of thousands of preventable deaths back in westminster he has long time crusader against austerity Jeremy Corbyn showing his impatience this government mr speaker is now an irrelevance the 2 candidates is it see. The 2 can