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Quiet. Youve really got to believe, with the tone we got from the president last night, i thought more invigorated than the recent days, that this is really going to heat up into the kind of Campaign Money people have been expecting, as you say, with 20 days to go. Jonathan heating up on capitol hill as well. House Speaker Nancy Pelosi under a little bit of pressure. A 2 trillion game of chicken playing out in washington, d. C. Tom shes going after wolf like,r of cnn, which is, unamerican to do that. [laughter] seriously, talking to mr. Adams of kentucky, mr. Adams made clear that mr. Mcconnell is comfortable there. Political report came out about 4 00 yesterday afternoon and went to a seven seat dane for the democrats seven seat gain for the democrats in the senate. The momentum in the change is now extraordinary. Jonathan the shift has been phenomenal. Weve got to tal ....
Sharp snapback connectivity. It is a phase four package necessary . I think it is. The economy can get by without it until the election. Will bringnistration forward fiscal stimulus plans. I think we can make it to there. It is necessary as long as we get it in the next 12 two quarters, i think the recovery will be ok. In the meantime things are a delay ing, and ongoing negotiations does not help things. I think it hurts confidence and slows down economic momentum and prevents a quicker recovery of the economy. Back and forthd among three parties. The president of the United States, the Senate Republicans come in nancy pelosi. Hard to know where we are going. How big thef packages, there is a sense of whether it needs to be targeted or general. Can we if it does not address broad state assistance . Michael i think getting anything is better than getting nothing, for sure. ....
They have a plan to remake america, im going to go in depth with the fascinating story of one familys efforts to escape socialism. Its a cautionary tale for your family. All that and so much more on making money. Charles one hour to go before the closing bell. It looks like it is a story thats interesting because before the open, it looked like it was going to be a down day for the market, right . The tenyear yield was breaking down bigtime. Anxieties about a slowing economy of course were being talked up. The coronavirus cases continue to mount up. Drug Company Gilead reported more success with its covid19 treatment remdesivir that immediately turned things around. Potential vaccines. Even with cases rising each day, elected officials making judgments, i think the factor has not factored in the notion that the states will ever go back to fully locking down. It looks like the market sees two choices, treatment or vaccine or over t ....
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Now conversations continue with airlines regarding their potential participation no thats of course what. Joining us now to discuss is boom bust cohost and investigative journalist ben swan ben thank you so much for joining us today you know yesterday when we saw the reports of this all coming out it was interesting to see how it was written as the airlines have accepted this bailout theyve theyve done a gracious moment and accepted it but im going to start with the issue of repayment so so far we know that about 30 percent of these bailout funds will be in loans and the other 70 percent will be in grants why exactly is that. Thats where the acceptance part of this story comes from because the airlines didnt want to have 70 percent of these come in the form of grants and 30 percent in the form of loans they wanted 100 percent of them to be grants we dont have to pay any of this back because were so important to america and to the economy of course they didnt get that deal so thats why ....