Increase you dont have to sell your stocks to beat some kind of Capital Gains rate that is quo going to be punitive for rich people im not saying it is solely business as usual. But i am saying that if you own tech stocks, which a lot of people do, there is nothing to keep the stocks from going higher remarkable night, pollsters seem to think there would be this blue wave that got avoided if anything, there is, i think, a recognition that whatever the heck we had before election day seems to be the same after so, david, you know, i feel kind of business as usual for us. Well, it is, carl, not business as usual this morning as you say as the votes continue to be counted in important battleground states. Three you mentioned. Want to add georgia in there, potentially North Carolina, still those early votes, carl, being counted and tabulated and were paying close attention we are, guys. In fact, front and center this hour, the president ial election remains unsettled as voting continues as
Wechat on sunday. Back to the race for a treatment for covid and a cure, at least a vaccine roche unveils a new Antibody Test and Vice President calls on trump to step down and tech volatility, the s p and the nasdaq aiming for a rebound to end what has been a turbulent week for stocks. So we will start with tiktok and wechat, jim, just listening to you and andrew a moment ago doesnt sound like you see a whole lot of material to salvage this in the next 48 hours. I think that walmart feels like its given everything it can, i think that the people in the private equity have given everything, oracle, difficult to tell whether they think they can do more, but they had really felt that when pretrump it was looking like it was 43 owned by u. S. , 14 by international, chinese own 45 posttrump they are talking about u. S. Owns 53, international owns 11, chinese own 36 i think its the chinese owning 36 is the Sticking Point david, what level do you think the president would allow this deal or
We have a great panel with us today. Former director of the bureau of protection for the federal trade commission. We will have the president of the computer and communication industry association. And here to discuss the department of justice proposal, we have lauren willard, counselor to the attorney general. We are very lucky to have this great panel here. We will walk through the actual proposal. Then for some commentary over the industry and consumer side of things. Give ai want to kind of little level set. Im sure most of the people dialed in have some familiarity with section 230 and understand what it is all about, but i would like to give some history to give some context to the statutes and so forth. When we talk about the Communications Decency act section 230 with the fairly recent movie, the wolf of wall particular the character based on daniel koresh. He was an employee with the company that was Leonardo Dicaprios business in that movie. Hillarify your memory, mr. Was the
Fantastic group of panelists beginning with Mike Petrilli and chester finn. How to educate an american was brainchild of mike and chester and today they will share with us their original inspiration behind the book and why it seems the more important now to revitalize k12 Civic Education. Joining us today is david bobb come present of the bill of Rights Institute. David has worked for 20 years to build strong Civic Education programs that engage the hearts and minds of young people. Previously david worked at Hillsdale College and is the author of a book on the vital role of humility in politics. Welcome, david. Also joining us is jonah goldberg, the chair and applied liberty of the American Enterprise institute and the editorinchief of dispatch, unlike me he has authored the chapter in how to educate an american. Finally Sarah Morgan Smith director faculty at the sender which seeks to restore and strengthen the capacity of the American People for constitutional selfgovernment. Thank y
Jobless claims, though, 4. 4 million, bringing the total to 26 million over the past five weeks. Oil bounces, and the european pmis remain historically low 16 in france no, 10 in france 16 in germany. Jim, though, your tone this morning is relatively hopeful. Look, i am a creature of who reports and what they say. And i can literally i find it hard to remember as Many Companies as saying good things, even as obviously were in nidest of a pandemic, and i dont think theyre all clockeyed optimists. These are large cap companies. These are not the companies that the government is trying to protect. These are arguably the winners the companies that are going to get stronger i listened to lee, and Lee Cooperman was talking about what its going to look like on the other side i look at my desk. I have reports everywhere here these are all companies that are going to come through with fewer competitors. And that may be bad for the u. S. Consumer, but its good for the stock market david, would y