Years. The hawaii false alert. Feds say hawaii lacked reasonable safeguards. The government apologizes. The president has please local authorities took responsibility. It was a very anxious time for many, many people. The president has reported vulgarity. Senator durbin said csc said it. Senator cotton and producers turbine can not be trusted. The president himself says im the least racist person. Dr. Kings needs told fox news this morning she does not believe the president is a racist. Lets summarize your money looking good again. Politics a cantankerous mess. This programmer into go. We go live. Varney company is about to begin. Stuart yes, yes, yes, the markets are closed today. You are looking at the futures market, how the market performs when it opens. Big, big games. Yes, your money is indeed looking good. Give me that number again, 197 points away from the dow 26,000. One big rally away. Look who is here. James freeman, wall street journal editorial guy. Welcome to the show. Th
Big news in m a. Berkshire in deal to buy duracell. Walmart cautiously optimistic for q4. Cisco out with earnings topping estimates. The Company Sales forecast sends the stock lower. Ciscos chairman John Chambers is going to join us in a half hour. First up, buffet is making a bet on batteries. Berkshire hathaway agreeing to buy duracell from p g. Terms call for 4. 73. In the release adownsing the deal, buffet said, im always been impressed by duracell as a consumer and longterm investor in p g and gillette. Duracell is a leading global brand and will fit well in Berkshire Hathaway. He sat on the board. The stock had run up in anticipation of something big. This was not big enough for some of the shareholders. Proctor up about 10 this year. I think people were expecting big cash pay day or maybe a spinoff it. Dont think people should sell proctor down. This is a quintessential cash cow company. I think everyone knows the brand name is good and he likes brand names. P g might be down on
Way. Whereas the house of representatives may have about 40 or 50 members that are predominantly Food Production represents Food Production districts. Every United States senator represents at least some Food Production. That includes from the smallest states of rhode island and delaware to, of course, the largest states. And historically, those interests were dominated from people by the midwest and the heartland states. So illinois, indiana, missouri, my own state of kansas. And the midwest, up through the dakotas. And states in the south where you had members of congress and especially members of the United States who were elected forever. They accumulated great amounts of power, and they were able to influence the political process rather significantly so the states of mississippi, which was one state that had accumulated a large amount of power over the years. But all of the southern states, georgia, south carolina, north carolina, called the southern crops had very, very powerful
Bernard witman. Welcome to everybody. John, the impact on jobs. Yes. Absolutely. I dont know where the administrati administrations head is. No offense to the administration, but people who are proponents of this are ignoring the facts, from investors business daily, there the express employment ceo bob funk who says, our business is booming right now because people are hiring temporary workers to fill fulltime slots to get around obama care. The administration has come out and said that Health Care Costs are already coming down. The fact is, in 2009, you started to see this trend before obama care ever kicked in. And the Kaiser Institute just came out and said 77 of lowering Health Care Costs of not expanding, not lowering, but not expanding, came to due to an economic slowdown. There is a huge cost to this. This is not free. And its not just borne by the individual. This is projected to cost the government 1. 4 trillion. Were going to borrow it from china. And as gary b. Points out s
Jonas farris, john layfield, and bernard witman. Welcome to everybody. John, the impact on jobs. Yes. Absolutely. I dont know where the administrati administrations head is. No offense to the administration, but people who are proponents of this are ignoring the facts, from investors business daily, there the express employment ceo bob funk who says, our business is booming right now because people are hiring temporary workers to fill fulltime slots to get around obama care. The administration has come out and said that Health Care Costs are already coming down. The fact is, i2009, you started to see this trend before obama care ever kicked in. And the Kaiser Institute just came out and said 77 of lowering Health Care Costs of not expanding, not lowering, but not expanding, came to due to an economic slowdown. There is a huge cost to this. This is not free. And its not just borne by the individual. This is projected to cost the government 1. 4 trillion. Were going to borrow it from chi