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6. 9 trillion and we will hit the 7 trilliondollar mark. I have been covering money for 40 years and i have never seen a runup like this. They all combine to create this extraordinary rally and it continues today. I hope youre able to follow it from the comfort of your home because the weather along the eastern sea board is just plain terrible, the bomb cyclone, the bombo genesis, carolina, virginia, a blizzard by any other name and brought onethird of a country close to standstill. We offer a unique opportunity, sit back andat w dow 25k and th bombo cyclone, Varney Company is about to begin. Stuart liz peek with bombo cyclone glasses. Look at futures, we are going to go up 100 points in the opening bell. We should cross 25k. If those futures, quote, stand, we will hit 25k in approximately 27 minutes and 40 seconds. By the way, we just learned that 250,000, a quarter million new privatesector jobs were created in november, thats a ....
Wouldnt a level Playing Field as you said from your testimony, we have concerns about things like there is a some Data Retention obligations and we think you could do it differently. There is a best interest contract framework and weve heard feedback from folks saying it is clunky and there is a more streamlined way to do it. We have a point of sale disclosure requirement and people have said that that is not necessary. And so what weve done in every circumstance when someone said that the best interest contract is clunky, our response is tell us how to do it better. How do we retain that north star of enforceable best interest contract and still get it done and that is the feedback weve been getting and it has been helpful. And youve incorporated it. We havent made final decisions yesterday. We wont put out a rule until weve gotten all of the comments. Im confident if history ....
All that would have otherwise gone toward retirement in addition to any pension plan they had but isnt available any more. We know that workers are not saving enough for their retirement. We know, as youve outlined, there has been a real shift from defined benefit to defined contribution plans. And that shift puts more responsibilities on workers shoulders to manage risks and to manage the decisions. Oftentimes without having investment expertise. Youve actually covered a lot of trt that i hope to cover territory that i hope to cover in my questions with you. In particular, about how workers with smaller accounts, those who arguably need the retirement protection the most, will have access to high quality and affordable advice. So im going to move to something a little bit more specific given some of the proud traditions in my home state of wisconsin. We actually have a history of cooperatives and mutual ownership companies. So companies that are owned northwest mutual for instance. Fo ....
News and data has not made our world more comprehensivible. Speed and technology is one thing. Context, Something Else all together. For me and my colleagues in the school of journalism, serious journalism, real journalism, the idea of journalism we share with our students begins with the simple idea. It is about being there. Not just to get the story, but to help illuminate places. It is often about reporters crossing frontiers in the hope they can bring light to the stories of people who live in the worlds darker places. Yet these days, this kind of journalism comes at a terrible price. And it is that blunt reality that brings us together tonight. John and diane foley and Terry Anderson can attest firsthand to this brutal truth. We are deeply grateful to them. And to my former colleague, david mccraw, for joining us to share their experiences and thoughts about this hard, n ....
At here is the past of investigative reporting. Well, thank you. Things, despite the makeup of the panel, i think things are changing in the newsrooms, there are a lot of women, africanamericans, hispanics and asians all taking posts of responsibility in all these groups so while we have been behind and not as aggressive as we should have been and be more diverse in our organizations thats very much a top line question. In terms of the topics tackled its a fair point that the people who are in the decisionmaking positions are perhaps not in touch as they should be with some of these other questions, like inequality and race but i think that by and large the main organizations are at least making efforts to address that. Look, its an absolutely excellent point, diversity is important not just for the sake of diversity, because it does give other perspectives on whats the story, and you know, this doesnt speak directly to the issue of women or africanamericans or minorities, but how you ....