So were keeping a close eye on that. We have David Rubenstein joining us from the carlyle group. He has a great book out about Technology Giants who lose their worth after they get over a billion. It is gravy apparently after that according to him. Well get the latest on new york city. We know the possibility restaurants there will be closed through the end of the year. Now word that schools will open up but not for another couple weeks. It was supposed to happen by the 10th. Now pushed back to the 20 first. Even that looks kind of dicey. The big apple and all the problems apparently cant stop. It feeds on itself. Back to the major story, the lead story, the president of the United States going to kenosha, wisconsin. Normally president s when they hear local leaders are complaining they dont want to see them they back off. Not this president. Not this time. Mainly because not all local leaders feel the same way. Well talk to one congressman who welcomes the president. Says the city and
Second week in a row that its starting out just in the right way. Yeah. I think theres people who just feel that this great shutdown is over obviously its worldwide the spending will begin again. I keep hearing that theres a surprising number of survivors that its not as bad as we thought. With the exception of some mortgages and some credit card, the forbearance wont really reverberate through the system reverberates to the banks. I know theres people who want to try to get the banks going. I say stick with whats working. I know its boring i know people want to rotate its something that Portfolio Managers love to do. I dont like to rotate into any stocks that have numbers cut thats really important. Im looking at david faber, who looks, of course, fabulous im thinking about him because its the credit markets we have to worry about, not the stocks they look great. Whats your concern in the credit market specifically, jim . Like hertz. Its not like theyre nothing. Hertz owns a lot of ca
Union stepped up their battle against proposed Pension Reforms its not the longest industrial action that france a seen in decades. Im sorry so misconducts good to have you with us u. S. Officials say they believe that iran likely shot down the Ukraine International Airlines Plane that crashed on wednesday now the plane was on its way from the iranian capital tehran to the ukrainian capital kiev unnamed u. S. Officials have told American Media that Iranian Air Defense systems might have accidentally shot down the airliner killing all 176 passengers and crew iran says the crew did not put out a distress call but did try to turn back before the plane went down and ukraine is such a team of investigators to join the search for answers. Now a short while ago u. S. President trump had this to say i have my suspicions it was very i dont want to say that because other people have those suspicions also and. Its a tragic thing when i see that its a tragic thing. But somebody could have made a m
You think this is just a Community Center . It is way more than that. Comcast creating wifi enabled lift centers so students can get the tools to be ready for anything. Comcast supports cspan as Public Service along with these other Television Providers, giving you a front row seat to democracy. Next, a at staffing challenges in Law Enforcement at the southern border. The Homeland Security Inspector General says Border Agents are suffering from low morale. He testified before a House Oversight subcommittee. [background sounds] [inaudible conversations] [inaudible] Foreign Affairs will come to order. Everyone welcome. Without objection, representative connolly of virginia and representative ivy of maryland are waived onto the subcommittee for the purpose of questioning the witnesses at todays hearing. Without objection, the chair may do declare a recess e at any time. I recognize myself for the purpose of making an opening statement. On day one of his administration, President Biden sig
[background sounds] [inaudible conversations] [inaudible] Foreign Affairs will come to order. Everyone welcome. Without objection, representative connolly of virginia and representative ivy of maryland are waived onto the subcommittee for the purpose of questioning the witnesses at todays hearing. Without objection, the chair may do declare a recess e at any time. I recognize myself for the purpose of making an opening statement. On day one of his administration, President Biden signaled to the world through words and actions that our borders are open, and so they were. Our country has since watched the crisis along our southwest border devolve into a catastrophe, a humanitarian and National Security cat my. Catastrophe. The deteriorating conditions along the southwest border and mismanagement of resources have harmed Law Enforcement and made existing staffing challenges even worse. Just last month the department of Homeland Security office of the Inspector General issued a report exam