Buying to manipulate the stock market by promising to buy our stock so the higher price in the forward market so thats going to create a speculative demand for stocks so the speculative demand for stocks by Federal Reserve manipulation and the actual flow of funding money into the stock market from the government has been pushing it back up giving the illusion of prosperity at least for the 10 percent thats right the statue of libertys on the floor of the New York Stock Exchange im a buyer of the wire bubble but i will play a little bit all right Michael Hudson has pointed out the Federal Reserve bank is buying everything i would equate the stock market say with exit scam right so the 10 percent that own stocks of america are exiting america and theyre taking all the valuable assets with them and to fund that purchase the fed is giving them trillions of dollars of free money best the way we see it thats the way its working and that explains the disconnect between valuations on most of
Of wrong is from the statue of liberty at the base statue of liberty was given to america as a gift by france madam liberty it is you know the United States was founded on the principles of the and white men happened in france and in scotland but i thought this image of. Lady liberty of the statue of liberty in this headline that i want to turn to from the daily mail trumps has new york has been lost to thaw and low life scum after looters ransacked 5th avenue and curfew is brought forward from 11 pm to 8 pm until end of week but cuomo into glasgow still refuse to call in the National Guard and as you can see there some looters on the front page and weve talked about the looters at the top from the very beginning the trillions and trillions of dollars being printed in the cant tell you in effect but heres lady liberty right there on the ground trinket probably made in china sold in times square and just as quite a fitting image for the rest of the stories we have to cover max oh absolu
Chairman graham good morning, everybody. For those watching on television, it is 28 degrees in here. [laughter] is that what it is . Chairman graham i do not know, but let it the air conditioning works. Thank you. We will have a hearing today about all things crossfire, hurricane and the Robert Mueller investigation. We will have five minute rounds. As usual, i will try to make sure you are able to finish your thought in five minutes, and not cut you off. I appreciate all of the participation. Mr. Rosenstein, thank you for coming to the committee voluntarily. We appreciate your service to our country and your bridges a patient in the hearing today. And i will try to do a pretty short opening statement, then we will get to the witness. Why are we here . I think we have a clip. This is mr. Rosenstein on may 1, 2018. It really does illustrate chairman graham turn it up. Mr. Rosenstein we make mistakes. We are not flawless. If we accuse somebody of wrongdoing, we need credible witnessesa n
Tour takes you to amarillo, texas. The treasury secretary Steven Mnuchin testified to congress. Theielded questions about 4. 8 trillion proposal and Economic Growth and the impact of the jobs act signed into law december, 2017. [camera shutters] sen. Grassley we are pleased to have treasury secretary mnuchin, here today testifying about the president s fiscal year 20202021 budget, the president s budget includes proposals to confront a number of important issues, i want to work with the president , the secretary, and others in congress, to address these and other pressing issues, within our committees jurisdiction. Drug pricing, and employer pension crisis are two such issues that must be dealt with, this Budget Proposal comes at a time when the economy is very strong, especially for working families. Better trade deals, less regulations, lower taxes from tax reform, we have translated into wage increases. Especially for lower wage earners. And historically tight labor market. Over six
On all our top stories on the bbc news website. Log on to bbc. Com news or download the bbc news app. Now were crossing live to singapore for Asia Business report. Sharesjump shares jump as the us and china offer goodwill gestures on tariffs. Indias finance minister cormann a twitter storm after pointing the figure over the countrys economic slowdown finance minister in a twitter storm after pointing the finger over the countrys economic slowdown. Welcome to Asia Business report with me, mariko oi. Lets start with the us china trade war, because this morning donald trump that he would delay the imposition of new tariffs on china, tweeting that came after china announced it would exempt some American Products from new tariffs. Stocks in asia have opened higher following the us on hopes the announcements signal igas a softening in beijing and washingtons stances ahead of talks next month. Joining me from sydney is markets a nalyst joining me from sydney is markets analyst Peter Maguire f