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That is the creation of wealth. Some time ago i was visiting one of the wineries in my district in california and i was talking about this make it in america agenda in manufacturing. And finally the owner got up from behind the desk and he said, come, i want to talk to you. He said, we walked outside, out to his winery, and he said, you know what this is . I said, yeah, its a winery. He said, no, this is a manufacturing facility. I take grapes and i turn them into some of the finest wine in the world. So when you talk about make it in america, guess what, im making it in america. So it includes all of these things. Putting a tomato into a can, into a bottle of ketch up. Or what were going to talk about tonight is something far more than that. I want to really not so much talk about these gentlemen and ladies, but to use them as an example of what america used to make. These gentlemen, three of them, are world war ii merchant mariners. This was an effort we had now under way to provide ....
Restructuring and lowering guidance. Shares of valeant are down sharply this after an earnings miss and sharply lower guidance. Well give you the latest on the stress theyre feeling over at valeant. And the viacom saga continues. A hearing is taking place right now in massachusetts. Weve got the details. But first up, futures rising a day after comments from janet yellen propelled the s p to its highest level of the year. The fed chair expressing optimism about the economy and said she sees rate hikes ahead but gave no timetable for a tightening. If incoming data are consistent with labor Market Conditions strengthening and inflation making progress toward our 2 objective, as i expect, further gradual increases in the federal funds rate are likely to be appropriate and most conducive to meeting and maintaining those objectives. She did call the jobs number concerning, disappointing, raising questions. Feds going to wrestle with ....
Vice president President Joe Biden spoke out against Sexual Assaults against College Campuses recently. He talked about his violence against women legislation. This white house event is 45 minutes. [ applause ] thanks, folks, how are you . Im going to talk about each of these champions, but i also want you to meet what were referring to as the influencer. This group over here youve seen on youtube, youve seen on the internet, 40 million of you and americans around the world watch what they do and these folks have stepped up and are fighting to help promote this whole effort of its on us. I wanted to publicly thank them all. Im not going to everybody to stand here, you can go get a seat. I wanted you to see not only the champions of change. But these guys are champions of change. Theyre having the nerve to stand up ....
The new rules have been in the works since ed begley jr. First began leaking details of the nsa spying. Three men have been charged with starting the fire outside of los angeles. The campfire sparked the flame. And destroyed at least two homes. President obama met with dozens of College Leaders today trying to make sure that lowincome students have an equal shot on makes it through college once they get there. Real money is next. Hard times for some of the biggest names in retail casting some doubt on americas economic recovery, ill tell you why you may be the most important piece of this puzzle. Plus the best companies in america to work for, and yes, if you are looking, a lot of them are hiring. This is real money. Im ali velshi. This is real money. You are the most important part of the show so please join our live conversation for the next half hour on twitter, or on facebook. We are seeing some conflicting signals about the ....
Were taking a look at how the president ial cycle affects the stock market. Is this something you closely follow scott . Not as a trader on a dayto day basis but if you look historically dating back probably 7080 years, this actually does make sense. There is absolutely a pattern to how the market works during the cycle. You look at it and the year before the election and the third year into the president ial cycle have historically been the two best years of the cycle to be in the market. Not only on the upside but also those are the years with the least amount of decline. That makes sense. You havethe year before the president takes office, its election time and everyone is positioningboth democrats and republicanswhat theyre gonna do for the economy, what theyre gonna do for taxes. Its more of a feel good issue. Once they get into Office Things seem to calm down a bit. In fact, the first and second years after the president bein ....