The chaplain let us pray. Eternal god, our stronghold and defense, your judgments and will are perfect, so we place our trust in you. Thank you for the privilege of speaking to you in daily prayer. Forgive us when our prayers are so other worldly they are no earthly good. Forgive us also when we put politics ahead of progress. Lord, strengthen our senators today, helping them to not throw away their confidence in you. Inspire them to persevere in seeking to do your will, knowing that your promises are sure and that the harvest is certain. We pray in your holy name. Amen. The presiding officer please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The presiding officer the clerk will read a communication to the senate. The clerk washington d. C. , october 7, 2013. To the senate under the provisions of rule
Honor flights scheduled to come later this week. The park service will be allowed in, but as soon as they are gone, the sign, the barricades, they go right back up. This memorial, like all the other memorials on the national mall, they will remain closed until the shutdown is over. There were several members of congress from both parties out there yesterday and today. So, how were they received since Many Americans blame the shutdown on them. I think the veterans were just grateful that they got in, but there were a lot of people out here that were accusing the members of congress that were out here of playing politics and using these veterans, essentially, as a photo op in the words of one tourist, the veterans have done their job, congress, its time to do yours. Kristen, thank you. The vets come from all over the country, but closer to home are hundreds and thousands of federal workers idled and worried if they will be paid. Bruce leshan is live in poolsville with a family wondering
Suddenly Interest Rates are a force determining stock prices. This time, its not bearish, its bullish a positive force, chief reason the dow rallied. Were back into bad news is good news mode here, and the bad news is that unemployment, well, employment is weak. Employment is getting weaker, which will send Interest Rates back to levels that encourage all sorts of Economic Activity here. While at the same time driving the dollar lower to a level that benefits our Big International exporters. Meanwhile, inflation is coming down because of all of our newfound oil, making gasoline cheaper. Wow. Halcyon. Lower Interest Rates, lower dollar, lower gasoline, this is the stuff of greatness for the stock market. Let me show you why. First, we have lost entirely the bond market equivalent stocks. The stocks that did well because of the dividends when Interest Rates were low. Now rates are in retreat and those stocks are roaring again. Take kimberly clark. The Company Reported a spectacular numbe
Were yesterday, and these are the warmest that we will see for a week. Much more on the bitterly cold coming in, and the few chances for snow. And the forecasters have it in a minute. Thank you shgyou, doug. Today, chuck hagel laid out the budget, and it is drastic changes. The plan calls for reducing the size of the active duty army and it calls for retiring the aircraft and closing some bases. And while most Service Members would get a small raise, some benefits would also be cut. Steve handelsman on capitol hill where this is short of a local figh fight. Well, it is a obama plan, jim, and it is not a done deal, and the fight wont be partisan, because Martin Omalley does not want his National Guard reduced and nobody does. Meanwhile, according to one prominent lawmaker, this is the way to solve the financial problems on the backs of the troops. Reporter the army would shrink from a peak of 570,000 to 450,000. And the reserve would drop from 560,000 to 513,000 by 2015. The iraq war is
Lanes of route 29 here just in this area are closed at the moment. We dont know how long that will be the case, just until police are done with their investigation. The post office is offering a 50,000 reward on attack on a mail carrier in the district. Two men jumped the carrier on his route off hawaii avenue northeast yesterday evening. They beat him and robbed him and threatened him with a gun. Pat collins found out what may have saved the carriers life. Pat. Reporter this is the part where they dumped him. After they duct taped him, after they pistol whipped him, after they threatened to kill him. Hes a postal and pastor and his out loud prayer may have saved his life. This is the truck at this popular post used to bring mail to this neighborhood for years and years. People who live here are most upset by what happened to their postman pastor. One of the nicest postal workers you could ever meet. When we heard about it, we were devastated. Very devastated. Reporter this is the way