American economy to a halt, suddenly. There may have been a shock that precipitated it. It still unfolded over an extended period of time where you could see it coming. This happened all at once. You have this huge shock to the system. That has led congress to say that we need to do something of a skill we have not done before. Now, the democrats in congress and republicans in congress and white house are all negotiating. Ofy want to do the same set things. There is an argument about the detail and the scale. For instance, the administration came out with a proposal that would, among other things, would give checks to every family. They wanted to do it with 1200 for each adult and 500 for each child. An just a one off of infusion of cash. Democrats wanted to do something much larger. They were talking about 2000 for each donor, maybe 2500 and doing it repeatedly over the course of however long this recession lasts. There is also a big question about unemployment insurance. You will hav
Worldwide, the confirmed cases at 260,000. That is our starting point on this sunday morning. The ap has this headline, the week america changed. How has your life changed over the last week to 10 days and what you expect moving forward . Numbers,the phone 202 7488000 in the eastern and pacific time zones. Central and mountain, 202 7488001. Medical professionals, you can call in on 202 7488002. Send us a tweet or send us a text message at 202 7488002 at 202 7488003. Be sure to tell us your first name and where you are texting from. The number of coronavirus cases continues to increase world wide in the Associated Press has a headline thought would be a good jumping off point of this sunday morning. It has been a week that has changed all of our lives directly or indirectly, one way or the other. The week that america changed, we want to hear from you and tell us how your life has changed. From the ap, there is this that from the Associated Press. Our phone lines are divided regionally
You have this huge shock to the system. That has led congress to say that we need to do something of a skill we have not done before. Now, the democrats in congress and republicans in congress and white house are all negotiating. Ofy want to do the same set things. There is an argument about the detail and the scale. For instance, the administration came out with a proposal that would, among other things, would give checks to every family. They wanted to do it with 1200 for each adult and 500 for each child. An just a one off of infusion of cash. Democrats wanted to do something much larger. They were talking about 2000 for each donor, maybe 2500 and doing it repeatedly over the course of however long this recession lasts. There is also a big question about unemployment insurance. You will have this gigantic infusion of people needing unemployment. It is already happening. And so, that is something the democrats have been pushing for. We need to put a large amount of money into the une
Open up higher, just a little higher, and yes, we are still very close to record highs. The dow is going to be up maybe 15, 20 points. Very small gain for the s p, 11 points up for the nasdaq, but up is the operative word of the day. Now look at this. Street battles in hong kong. That is the right word to use. Water cannon was in use, police pointed their guns. There is a report of a shot fired in the air. Chinas leader has a growing problem in his own backyard. Tomorrows october 1st. Chinas big day. The last thing xi jinping wants is more violence in the form of british colony. Big protests are planned. We will be looking at the impact of this on china trade and yes, on your money. Look at this, too. Huge fire at a new billion dollar train station in saudi arabia. That comes on the heels of the attack on the big oil refinery there, and the shooting death of a saudi general who was a bodyguard to top saudi leaders. Plus a reported attack on an American Military installation in somalia.
Reforms. And the jail break of mexicos notorious drug lord caught on camera. He escaped a maximum security prison for the second time in 14 years. We still have profound differences with iran, but the nuclear deal will make the world a safer place. That is the u. S. President , barak obama, who has been defending the agreement with teheran, in which it has agreed to substantially reduce its Nuclear Capabilities in return for the lifting of economic sanctions. He admitted it is still possible iran may cheat. With this deal we gain unprecedented, around the clock monitoring of Nuclear Facilities and the most sfwrusive inspection rezwreem ever negotiated. Without a deal, those inspections go away, and we lose the ability to monitor irans program and detect any covert Nuclear Weapons program. With this deal, if iran violates its commitments, there will be real consequences. Nuclear related sanctions that have helped to cripple the economy will snap back into place. Irans Supreme Leader has