Cut wall streets Immediate Reaction was pure suspicion. Oh, he doesnt have the heart in the rate cut hes not as worried as he should be hes being dragged kicking and screaming to this rate cut because things are weaker overseas, not here thats why the averages initially got hammered before the market peoplely came to its senses later in the afternoon. Dow only closing up 36 s p advancing 0. 03 and nasdaq declining 0. 11 . The u. S. Economy does have a lot of strength. It does. The rest of the world does have a lot of weakness so we got what pundits were calling a hawkish cut. Theyre so clever, meaning its the last rate cut or maybe the penultimate rate cut apparently that wasnt enough for some money managers. What do they want they were so disappointed they wanted to be surprised and wanted powell to tell us hes enthusiastic about easing and it will find a way to strongarm the others the bulls wanted Bill Belichick fed chief, okay. Lets get this done. Do your job chairman who wont let
Competitiveness, Public Safety, successfully commercializing American Innovation globally, and much more. Thank you so very much for the opportunity to testify for you today and i would be happy to answer any questions. Mr. Malamud. Thank you, mr. Chairman. Mr. Ranking member and thank you for the opportunity to appear before you today. Im the founder of public. Resource. Org, a nonprofit that which government databases that everybody agrees our public. On the internet and then works closely with government to help them improve their own operations. I am responsible for placing the fcc edgar and use patent databases on the internet for the first time. Public resource have put all the historical opinions of u. S. Court of appeals on the internet for the first time. We worked with Speaker Boehner and chairman issa to put a full archive of video from the House Oversight committee, and 14,000 hours of additional hearings online. I would like to highlight three key points. First, theres a f
Failures of the startups sector of the one in the world i would direct you to him. But what i do know from the data is there is a large regional component. Not just to the u. S. But also very strong in the United States where you find failures in the bay area like San Francisco is frequent but fargo were outside of that. If it is the market youre interested in but with those survival rates they tend to be a lot greater. There is a regional component. What are the actual cultural drivers and have that help you to determine fiscal policy. So what we like to look at is one of the scary things is in putting capital into zero markets that attract talent it is very difficult. Said you have to hire them for a very long time and with a very specific skills said eliminates your ability to change your stage of growth with any degree of success so that means there is capital infusion. Vc will be set up to lose their money so in europe it is with the european governments should be far more worried
Generated many unresolved legal issues. Last friday, the Supreme Court granted sanctuary in a case where the nations Largest Television broadcasters had reo, at suit against ae streaming video service. This decision could have a wide ranging impact on internet streaming, Cloud Computing and the television industry. Whatever the outcome of this case, i believe the law must avoid any added consumer ramifications, including higher fees and restricted access. To be clear, moving forward in this copyright review, we must be sure the creators are protected. Of strong protection for creators will ensure that the consumers continue to enjoy enrich our lives. Accordingly, i think the chair for his leadership on the issue and look forward to further collaboration. I thank you. I think the gentleman. Now the distinguished gentleman from virginia. Mr. Chairman. I appreciate you holding this hearing. I want to welcome all of our witnesses in this capacity crowd in the audience to a hearing that goe