Not quite as thrilling after day as we had yesterday. Ashley connell it, would be hard to repeat. S p and nasdaq dropping because of a covid 19 vaccine fading a little bit. Investors pull out money from the tech companies, that benefited most from the pandemic. Look at the dow and s p and nasdaq down. I want to get tech stocks red across the screen. Microsoft, facebook, nvidia, Big Semiconductor conductor down 6 . Adobe systems down 4 . A lot of the stocks higher on the year but a victim of the rotation of money out of tech. If it is coming out of big tech where is it going . Lets take a look. Consumer defensive names. Companies likes walmart, costco, target, proctor gamble. There they all are. Weve gone from a red skeen to a green screen. Target, all the others also higher. Industrial stocks giving boost from a csx railroad gaining more than 3 as did ge, right around 3 . Raytheon up 4 1 2 . We should mention boeing, gaining more than, well, see in the final analysis 5. 2 . It was up m
In 88, you may recall that jesse did better than any other second place candidate. Those persons that we got registered voted for me in 1989. It was a fourway race. The metropolitan transit authority. The most articulate and knowledgeable person i have ever encountered. The conventional wisdom was that we would not win. You have to get 40 to avoid a runoff. Election, general 9 11 has not yet occurred. A margin of only 50,000. To what do you attribute that . My response was always, why do you ask . The answer, i believe, is racism. We lost by about the same margin in 1990. In the book i mentioned racism, but that is not the total reason. In 1989 if have one a lot of white folks had not voted or me. Laterainly did not lose of the solely because black that did not vote for me. Well insm is alive and our country and certainly new york. It is not as bad as it once was. Dr. Kingsy that dream has not yet been realized and things are not what they need to be. But thank god would they are not w
How did you process all those years . Do you take that personally . Took it personally. I was serious when i said i lost to jack lightman, tony randall, Michael J Fox twice. And they are very good people. At one point, i stopped putting nominations so i can just sit at home and watch the emmys and say, i wouldve one. Won. [laughter] i would have walked away, no question about it. Let me take the funny and tweak it just a little bit because your comment makes me think of something and my staff around here knows this. Some years ago, after winning a few awards for this show, i stopped submitting my name. I dont let the staff submit the show for anything. Reason is, i have a thing it might be arrogant or hubris, but i have a thing about people judging what we do. I think we do the best show that we can do and once we have done that, thats it. If they like it, they do and if they dont, we will try to do better tomorrow. But there is something about waiting for the judgment of others when y
The world the 100 million times . Because russia still has so many and there is this meant how the from the Nuclear Arms Race cold war that we cannot let someone else have more than we have. Whereas 300 Nuclear Weapons would be enough to completely annihilate any country that there is on earth. More about this damascus incident. Damascus, arkansas is a small town in the foothills of the ozarks and in 1980 they were doing routine maintenance in a missile silo and this was the biggest missile we ever built with the most powerful warhead we ever put on a missile. One of the workmen on a steel platform dropped a socket off of his ranch. Just a routine accident. The socket fill in between the Work Platform and the missile, fell about 70 feet, bounced, hit the missile, and pierced a hole in the metal skin of the missile and suddenly, incredibly explosive, dangerous rocket fuel was feeling the silo and the air force had no idea what to do. We had had a missile like that for 17 years and there
A meeting called by the white house. A little bit strange since earlier today. Speaker boehner left the capital and the white house said the ball was in Speaker Boehner square. Rich edson is on the white house with the latest. Were they talking about . This on a day when president obama said i have cut 1 trillion already in spending. That was part of last summers budget deal. But he says that i am willing to do a lot more cuts in spending. You have a willingness to do spending cuts, a willingness from john boehner to raise revenues. However, we have been stuck on the details of this thing for the past two weeks here. The past three weeks or longer. The white house is putting an offer on the table. They were far apart in spending cuts. Our part in revenues and the way they do increase tax revenues. Republicans say no to any tax rate increase. How Speaker John Boehner says they will do it by limiting deductions next year. What the white house wants is an Immediate Tax rate increase on fa