Experience with i. T. Was that it was boondoggle after boondoggle and a tremendous waste of taxpayers money spent on incompetent private contractors who never seem to be able to get things right. And im wondering if you could comment and perhaps its better now, and what impact this has on the current sense of trust among Public Officials regarding their sure. So i would say the failures are just as bad or worse in terms of government contracting, i. T. , healthcare. Gov and the electronic records archive, expensive yearlong projects that largely failed, with healthcare. Gov until it was rescued, big, massive failures. Whats changing is there are a number of people that have identified tractable, fixable problems with the contracting and the i. T. Contracting system, and so if you look at the u. S. Digital service or at 18f, these are new governmentled groups of people that are trying to change the way the government buys technology and to change the way the government builds technology
London. Let us talk about janet yellen, the message she had to give to the market yesterday. I have here a dollar index, we have a bit of a bounce going on in terms of the reaction we are seeing. The big message from janet yellen last night, along with the hawkish voices heard in recent days, she was confirming the 2015 is when the majority think we will see a liftoff and Interest Rates. Barring any big surprises, of course. That gave the dollar of those. It did not post expectations of a rate rise, if you look at what the fed fund futures are saying, theyre talking about the 47. 5 chance of an increase in december. It did move some of the yields, though. If you look at twoyear treasuries, a muted reaction a big drop you see was last week around the fed rate decision. Can we just see the muted reaction . As well as talking about the 2015, not being a can of liftoff, she was also talking about gradualism how important it was to be gradual to allow the markets to heal. Let us put that in
Students are getting the education they deserve. This is a large problem. Nearly a nearly 100 schools in detroit Public Schools, 60 Charter Schools in and around the city, 18 Educational Achievement schools, several adjacent charter and school districts, yet parents cannot find the quality education they seek. One of the issues is detroit Public Schools are in debt. By this summer it will be over 515 million in debt. To achieve the needed academic outcomes Financial Stability and detroit Public Schools must be achieved. Going1100 per student is to debt service, and not to classrooms. Problem lets solve this problem and help the kids. Prompt legislative action is needed to minimize the fiscal impact on both detroit, and the rest of michigan. The time to act is now. And avoid Court Intervention that could cost all this much more and be more detrimental. I want to thank senator hanson for the legislation and the input of many legislators that they provided over the last several months. I
Also, i am looking for tour conversation about our primaries and what they all mean to us because in a few weeks well be in the midst of it all. One one of the real questions i think is whether it will be a rare instance where this is a form policy election or an election that is driven in a large part by Foreign Policy rather than domestic issues. We have a number of experts with us today. Opens, charlie cook editor and publisher of the cook report, a colleague of mine, sam feist was senior vp of cnn who can entertain us with stories about organizing debates. , jim lindsay who is chair of the council. His long time partner. Well have an initial period where i lead a conversation but we will have ample time for you to ask your questions and make comments. I will get you out of here at 930 a. M. , as promised. I would remind you this is on the record, well simulcast of my casting this. This is not a typical cf our event where it is on what we call house rules. Let me start off by asking
Plenty of clouds around today. 60s in the shenandoah valley. Mid70s in and around the metro area. 77 at National Airport now. Most areas going to hold in the mid70s for the next couple hours. Best chance for some showers west of the blue ridge and down into parts of Southern Maryland. Tomorrow im already a little bit more optimistic for your sunday forecast. And yes, indeed, many, many 90degree days on the zsevenda. Today russian rebels are blocking european investigators from entering the crash site. Armed rebels guarding the perimeter of where that Malaysian Airlines plane was shot down thursday. Ukraine also claims that prorussian separatists moved 38 bodies to a nearby morgue. Remains of other victims are still out in the open. They believe rebels plan to move plane wreckage onto russian soil. In light of the downing of mh17, Malaysian Airlines says they will wave change fees. If they want to cancel them altogether, they wont be charged. Customers will also receive a full refund on