Level, at least the issue with t states inside. I have a ther unlovely support of the bi. I think marijuanause is aad idea. My wife and i raised our kids successfully to never go near the stuff but we have to recognize prohibition laws have de far more harm. They spawned a violent underground economy that has had a major impact on crime. And paradoxically, made it easier for children to obtain marijuana and they could if it was actually legalized and legislated. So this measure, if its past in the senate, without help some of those issues western mark you have a es number of states that have passed Recreational Use of marijuana. Lets put it this way, radish farmers dont kill each other. It is the prohibition laws that have created that kind of violent undergroundeconomy. And we had the same experience trying to prohibit liquor in the 1930s. You can legislate against a product, you cant legislate against a demand and the result naturally is an economy of criminals move in to fill that v
Trillions from washington, more printing by the fed, that is a shot in the arm for stocks. Look at this, the dow industrial is going up maybe 300 points plus at the opening bill. The s p up 33, nasdaq up close to 100 points. Investors are really shrugging off the new round of stay at home and lockdown orders. And restrictions, were new ones in new jersey, ohio and california. And, yes, another case of lawmaker hypocrisy. L. A. County supervisor sheila are cool voted to ban Outdoor Dining at restaurants and then promptly went out for an outdoor meal at her favorite restaurant in santa monica. Youd think theyd learn, wouldnt you . Weve got a big show for you. Were going to introuse you to monetary introduce you to monetary theory. You dont pay for anything. Youll meet the man who declared an autonomous zone around his bar. Now, that is defiance. And youll meet the california guy who is flipping burgers on the sidewalk because they shut his restaurant down. And today, yes, we have got a T
The speaker pro tempore on this vote the yeas are 228, the nays are 164. The bill is passed. Without objection, the motion to reconsider is laid on the table. The speaker pro tempore for what purpose does the gentleman from louisiana seek recognition . Thank you, mr. Speaker. Mr. Scalise i ask unanimous consent to speak out of order for inquiring of the majority leader the schedule of next week. The speaker pro tempore without objection. Mr. Scalise thank you. I also ask unanimous consent to revise and extend my remarks. The speaker pro tempore without objection. Mr. Scalise with that, id be happy to yield to my friend, the gentleman from maryland, the majority leader of the house. Mr. Hoyer i thank the gentleman for yielding. Mr. Speaker, on monday the house will meet at 12 00 p. M. For legislative business. Members are vezzed that votes are expected are advised that votes are expected as early as 2 00 p. M. I want to repeat. That were going in at 12 00, votes can be as early as 2 00
Action Toll Brothers and stitch fix stocks are moving. Well break down the trades straight ahead we start with target practice, folks. Looking into next year more firms putting out 2021 s p forecast its quite a range, citigroup 3800 three percent higher than now on the s p at the other send j. P. Morgan 4500 about 20 percent upside so folks as we gear up for next year, which camp are you in guy . Are you at the low end 3800 or closer to jpmorgan. I will tell you what im in i love Tyler Mathison. Nice to see you. Youre the man. Thanks for being here tyler. Tyler, what was that show boldly go where no man not star tr trek you a fan . I never was a fan thats okay. Nor was i chauvinism notwithstanding, for the first time in History Today Global Market exceeded 100 trillion of market cap, 115 percent of global gdp and s p 500 now about 180 percent of u. S. Gdp just ridiculous numbers. So i understand why the market is going higher, i get it, but id about in the low end of that camp, tyler.
Later, more about the state of Small Business, a guest, Amanda Ballantyne from the main Street Alliance. You are watching washington journal. We will be right back. Top nonfiction books and authors every weekend. President former barack obama on his life and political career in his newly released memoir. Sunday open markets Institute Director and her book, seven ways for corporations rule your life and how to take back control, interviewed by a Bloomberg News reporter. And a former appellate judge and book,ofessor and his examining the constitution through the eyes of judges and legal scholars and historians. Weekend ontv this cspan2. Washington journal continues. Host joining us now is john hudak, author of this book marijuana, a short history. Talking here about Marijuana Legalization here. Good morning. Election day featured some more news, several states there active in the area of legalizing Recreational Marijuana. Give us a sketch of what happened. Guest four states had adult use