Thank you to the federal society for hosting this debate at. Im delighted to be here for the question, should the Electoral College be abrogated . Electoral college choosing a president. In their respective states electors choose wedding for president and Vice President. Electoral college would provide Vice President Alexander Hamilton wrote in federalist 68 that the Electoral College would provide a practicable obstacle to cabal intrigue and corruption. He said that it would interpose capable men of discernment for deliberation over the selection of the president. Moreover, hamilton thought the system best designed to prevent tumult and disorder. Debates about the Electoral College once again emerged over the desirability of our constitutions method for selecting the president. So this debate is an important one about our republic. And about our constitutional form of government. It raises questions of principle. What are the values to be promoted in a democratic republic . In a feder
Signs that the economy is on the mend. You have the manufacturing report that showed us back in positive territory. Manufacturing is no longer contracting and it confirms the positive reading we got in last weeks empire manufacturing. Indicators higher than expected on the other hand, jobless claims coming above one million. A waitandseein mode. We have seen the s p 500 go to the nearest peak and then last thursday happened, a sharp drop with a longoverdue pullback. We briefly dipped below 2000 in the s p 500. Recovery once again is the Federal Reserve gave more details on its plans to buy corporate bonds, not just , but individually, which resulted in a 77 point range in the last three days. We can see the dip come back again as a mantra for the markets. Volume has been lighter than average. Perhaps that plays into it. Maybe we will see volume pick up once again after that but we are after memorial day. David i look forward to this. Thank you for that report on the markets. John bolto
Complete decoupling from china. China and the u. S. Really in the focus. Decouplingthink that , interesting to hear out of the president s mouth. Definitely a lot of chatter that that could be the trajectory. We did see, even though we finished flat on the day, we did see some strength. A lot of those stayathome names, the zoom info. We mentioned this a little bit earlier, spotify having a monster day. They have been buying up all of these sort of podcast companies. They now have this deal with dc comics. Everyone has a deal except us. Taylor i will just ignore that entire thing. He did mention the retail investor. That leads me into the next thing that i want to talk about. It is thursday, which means we get that survey from the retail investor. They got spooked last week. Sincergest weekly fall january, down to about 47. 8. Clearly, some of the bears coming back out after seeing some of the bull action activity that we have been increasingly talking about. U. S. Off 13 . 50 million i
At 9 00 a. M. , accuracy in media president adam g host we are live outside the Supreme Court today as the justices will hear arguments for and against socalled daca, the Immigration Program that allows undocumented people brought here as children to the United States by their parents to remain in the country. We want to get your thoughts on daca as well as the Supreme Court decision. Democrats, 2027488000. Republicans, 2027488001. Independents, 2027488002. You can also a fourth line for Daca Recipients, 2027488003. You can text us at that number as well with your first name, city, and state, 2027488003. Go to twitter at cspanwj or join the conversation at facebook. Com cspan. We will get to your thoughts on daca and the Supreme Court arguments in a minute. Joining us on the phone is greg, i Supreme Court a Supreme Court reporter for bloomberg news. Remind viewers what this case is about. Guest good morning, greta. The case started in 2012 when barack obama said he was going to give yo
The house will gavel in just a few minutes. A number ofa today, veterans related bills. At the se coverage here top of the hour here on cspan. Before dacas Supreme Court case, we spoke to a reporter for some background. Arguments in a minute. Joining us on the phone is greg, i Supreme Court a Supreme Court reporter for bloomberg news. Remind viewers what this case is about. Guest good morning, greta. The case started in 2012 when barack obama said he was going to give young immigrants, people who came here as children generally with their parents illegally, give them the ability to apply for a shield so they would not be deported and could apply for job permits. That program has been in place for a number of years, about 700,000 people now are Daca Recipients and President Donald Trump two years ago his administration said we are going to rescind this program, wind it down so people can no longer renew their status and that brought immediate lawsuits and we are now at the Supreme Court