New congress, best access. A look of some the top economic stories of 2015. From washington journal, this is 40 minutes. Washington journal continues. Host roben farzad is a talkshow host. Where can people hear you on the radio . Guest on some cloud, on twitter radio, and wrir. Host we want to talk about gas prices now down. The stock market continues to reach more highs. What can we expect in 2015 . Guest who wouldve thought when we are so low in 2008 2009, people said oil will never fall below 100 per barrel. People thought the United States would never look comparatively well vis a vis other markets. Here we are, the most desired stock market. Host what does this mean long term . Especially as far as gas prices, many expected to stay low. Guest no one really expected this gusher of shell oil to come out of the midwest. North dakota is bigger than the smallest member of opec ecuador. Who would have thought. Host what does this mean for the keystone debate . Guest if youre flooding th
Was the Unemployment Rate for African Americans when Obama Took Office . What is it now . What has the Democratic Party done to help since then . Also, you are telling me that the Unemployed People that we have in this country are too damn dumb to do the jobs that are being required. We need an educated foreigners coming into this country to do the jobs that dumb Unemployed People are too stupid to do today. I do not understand your theory of thought. Guest i cannot quote the exact Unemployment Rate. I think it was about 16 and maybe at 9 now. This goes back to my bigger point how things are phrased. If you look at a lot of the work that undocumented immigrants are doing. When it comes to dishwashers in restaurants, migrant farmworkers literally these are jobs that people in this country do not want to do. It is not a question of smartness, dominance, anything like that it is just too is willing to do the jobs. People are not coming here just to hang out. Theyre coming to work so that
Wealthy, it was structured to make American Society homeowners. And now were in 2013, and its only the wealthy who have access to the conventional market. And we need to be much more aggressive about thinking through one of the appropriate measures to use such that the governments backstop, whether its fannie or freddie or private institutions, actually serve a public purpose which is to build Home Ownership across the income and across the racial spectrum in america. You know, im not as intelligence at the three of you to be able to remember all six questions david asked [laughter] thats why were answering just one. But i think your question was, you know, with Interest Rates rising, is that going to create any urgency . I dont think it creates urgency around gse reform. Rates are still incredibly low, and even if they go to 5 or 5. 5, its historically low. So i dont think that impacts affordability tremendously. It certainly impacts the monthly payment. I dont think thats going to ha
The ftc is committed to protecting Consumer Privacy and Data Security in the private sector. Since our first Data Security case in 2001, the ftc Data Security program has been a strong bipartisan effort that includes Law Enforcement to my education, and policy initiatives. Several lawsces that protect consumer data. Under the ftc act, the agency can take action against companies that engage in deceptive or unfair practices, including deceptive or unfair Data Security practices. The ftc also enforces several laws that require special protections of certain business sectors. The credit reporting industry, among Financial Institutions, and also among all mine services for our kids. In enforcing these laws and investigating potential Data Security failures, the Commission Recognizes that there is no such thing as perfect security and instead examines whether companies have undertaken reasonable procedures to protect consumer data from the risk of Identity Theft and other bits use. Since 20
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