With us tonight, sol wisenberg, ken star, joe mcchin tock, and joe concha on todays big headlines. We have now what democrats are threatening to do, retaliation, consequences they have been talking about against republicans for putting judge Amy Coney Barrett on the Supreme Court. We got who is saying what and planning what. We have this, a big bellwether county in an important swing state is now asking Justice Barrett to recuse herself on its election case as more election cases continue to roll in to the Supreme Court. Were going to show all of that. Plus we got more bombshells coming to night. In the hunter biden selling access controversy. His former Business Partner, Tony Bobulinski will reveal audiotapes on Tucker Carlson tonight. We have a preview for you. Now this, republican senators joining gop republicans in the house saying yes, attorney general william barr appoint a specs counsel to get to the bottom of this. The bidens leveraging their most important asset, selling acces
Berg, ken starr, congressman Tom Mcclintock on todays big headlines including this. Weve got what democrats are threatening to do, their retaliation and the con consequences theyve been talking about. Whos saying what and planning what. And weve got w this, a big bellwether county in an important swing state is asking Justice Barrett to recuse herself on its selection case as more election cases continue to goll into the Supreme Court. Were going to show you all of that. More bombshellses coming tonight in the hunter biden selling access controversy. His former business partner, Tony Bobulinski, will reveal audiotapes on Tucker Carlson tonight. Weve got a preview. And now this, republican senators joining gop republicans in the house saying, yes, attorney general william barr appointed special counsel to get to the bottom of this. The bidens leveraging their most important assets, selling access to joe bidens name around the world. What a special counsel would be up against. How the bi
Usmca that might come as a result of these negotiations that can improve the outcome of American Workers im happy to consider. Its important to remember that usmca is better than nafta by nearly every standard, including labor and environment. So i hope discussions between House Democrats and ambassador lighthizer is an exercise in getting to the yes that i feel Speaker Pelosi wants to get to. One particular area where everyone can agree is that enforcement across the board is a key compromise that must be hammered out. Factors outside of farmers hands such as an oversupply of grain in the global market, an unusually wet spring across the midwest, and natural disasters like flooding have all contributed to increased uncertainty and less profitability for farmers and leading to anxiety among those same farmers. Passing the usmc will help alleviate some of that uncertainty and anxiety for the years ahead by providing stable export market for american corn, soybeans, pork and dairy to nam
Weather. Here at home it is quiet. Here in philadelphia we have a Beautiful Day ahead. We are giving our friday a ten. It is friday. That always. With seasonal temperatures, low humidity and sunshine we are enjoying fabulous august weather. It has been a great summer so far. Bus stop buddy is down the shore. He will there been all weekend. In fact i think he want to be down there to meet jen fred. You should too. Never in ocean city at music pier. Cool, comfortable with temperatures in the 50s and 60s and we will check with her at 7 00 a. M. Bus stop buddy has Long Sleeve Shirt on because it is cool. He has a phillies hat on too because they have been winning so much. Look at that beautiful shot outside olde city studios with the pink and light purple. That is sunrising. 63 degrees out there very comfortable. We are seeing 50s in the suburban spots. Eightyfive is the High Temperature, sun a and nice, but tonight 66 degrees. Clear skies. Beautiful night. Great weekend. We will have that
We now have about 1. 4 trillion in mortgages on their own Balance Sheet. Making the fed as i previously said the Worlds Largest savings and loan. The feds goal is to push house prices higher, and in my view, they have no overachieved. I want to look at house prices in a much longer perspective. I hope you can see some of his chart. This is a 60 year history that goes from 19532015. Its a slight of the Consumer Price index versus average u. S. House prices, both indexed to 1953 equal 100. What you can immediately see if you cant read numbers is that there is an extremely strong correlation and mean reversion of house prices to general inflation, which makes sense if you think about it. Obviously, with the bubble we went far off that underlying trend, and then with a shriveled house prices came right back. If you can look over on the right hand side they came right back and touched the trend but now have bounced up, well over the trend again. Indeed, as far over the underlying inflation