We talked about it last night. What is going to happen after that . I dont know. Mr. Meadows . Thank, chairman. , you can take a bit of a breather on your return to the committee. What i want to do is go through with the people who are watching the conversation that you and i had when we spoke on the telephone. You were kind enough to hear out a presentation that i made and i intend to have some questions in that area. It does not make sense if i have not laid the predicate particularly for our viewers who are watching this. I guess the reason i want to do this is because people who are watching this need to understand that this small hearing room and the little tv box you are looking at, the little screen you are looking at are a little bit like the frame of a puppet theater. If you only look at what is going on in the puppet theater, you are not going to understand the whole story, you are not going to understand the real dynamic of what is going on here. You are certainly not going
[inaudible] senator blumenthal. Thank you very much. Thank you for being back. You very much, mr. Chairman, thank you for being back, your honor, and thank you to your family as well. I want to begin by saying, perhaps not surprisingly to you, that i was really disappointed by your responses to a number of my colleagues most recently on the coons issue of whether you would purchase fate in a decision involving the upcoming election if you were confirmed. I continue to believe that if you were to participate in a decision involving that enduring,it would do explosive damage to the court. I think you know it would be wrong, not because of anything you have done. Fact, i am not raising the issue of whether you have done any sort of deal or commitment because of what donald trump has and my republican colleagues, because they have indelibly put at issue your integrity through their statements. The president has said that he is putting you on the court as the ninth justice, so you can decid
Resorts. Should investors roll the dice it is our call of the day. The Investment Committee is ready to go. Halftime report starts right now. Welcome, good to have you with us on this tuesday. Our Investment Committee here today, joe terranova, stephly link lets begin with this recordsetting market. The big downgrade for apple after the epic run, shares up 90 last year. Keeps hitting new record highs as do the averages, dow and s p at new highs today about this downgrade on a number of levels, apple specifically is there a message within that for other stocks that have had meese meteoric rises start with apple cramer said if you are not in the stock, dont buy it. Wait to see if earnings live up to what the stock has done. Makes sense i did something that was not disciplined. I bought calls yesterday on apple on the way up side the reason that triggered me was there was monsterous call buying when it was trading in the 290s there was massive when i say massive we dont see that kind of p
Yet a whole generation of people did realize, they did, that you shouldnt take on too much debt. That you should live within your means, you shouldnt recklessly flip houses or create Financial Instruments no one can understand its a bad idea to take out loans youll never be able to repay. Its an even worse idea for the banks to write those kinds of loans. Look, people, it is just a fact. We got more frugal in this country. We got less reckless in this country. We got more prudent. The same way that my parents generation learned not to trust banks for decades after the Great Depression listen to me, it did happen. Interesting date day for the average, dow gained 31 points, s p inched occupy. 03, nasdaq up 1 everyone seems to recognize this change in human behavior, everybody except for the barrish a armageddonists, they refuse to believe people can learn from their mistakes thats why they think the whole recovery and stock market is a sham, some pumped up Federal Reserve drama, the slum
I offered a commonsense alzheimers reat from negotiable drug end quote. Aleds imers Research Needs to remain international tact so the doctors that are working every y to find a cure can do it uninterrupted. Unfortunately, the amendment was defeated. 38 cures will not come to market because of the legislation over the next two decades and cuts off at the off innovation. The impact on potential cures for diseases like alzheimers and dementia is unacceptable. An impact on even one cure is one too many. Let alone 38. Instead we have an alternative. The house should support h. R. 19, the lower cost, more cures act, which consists of over 40 bipartisan provision which is President Trump may actually sign to lower costs for Prescription Drugs for all our constituents. Its disappointing that democrats wont work aross the aisle to solve this problem and instead are pushing a bill that will stifle Innovative Health Care Solutions and result in fewer lifesaving cures and the research that goes i