Weakness this morning as we get set for the open tim cook wants to quote yell out and scream about ai. Well fill you in. And the king of snapchat just went platinum. Dj khaled is ringing the bell here first up, we mentioned the downgrade, how much of this is digestion of this new fed . Well, im the one to ask that thats a dj. Heres the deal. I think that the many people are ascribing way too much to the fed. I think the fed did business as usual. Theres a vicious rotation going on its a continuation of what we saw on friday. If you look at the last 20 minutes of trading yesterday you saw the repeat of what was friday which is a bang down of all the big hightech stocks and then money back in to retail and to finance i think why people were fooled it didnt go back into oil low tech health care, also higher valuation health care you watch celgene and biotech. Watch Illinois Tool Works which is a great tell for the industrial you can watch jpmorgan, you can watch the trading of wells fargo
spectrum and local broadcast stations has risen perhaps ahead of the incentive auction next year. so for a variety of reasons, we ve seen a number of companies consolidate their positions in the broadcast tv market. they ve fought stations across the country bought stations across the country. we ve seen certain companies really being aggressive in terms of snapping up smaller broadcasts. host: so with a company like sinclair, how many television stations does it own across the country? guest: i believe i don t know the number off the top of my head, i believe they own something in excess of a hundred stations. they have a number of these joint sales agreements in place. they re one of the companies that will likely be with impacked by this. impacted by this. in some cases broadcasters can get waivers if they can prove these joint sales agreements are necessary to keep the smaller station afloat or so they can provide local or news programming. however, in most case
individual of $123,000 all the way up to about $3.5 million if you look at the amounts an individual can contribute to and party,didates committees, combined. a major influx of big money into the political process. our organization has estimated about $1 billion to political spending in the next election. and is that a good thing, a bad thing, a neutral thing? think it s i think it s disaster for our democracy. why? we already had a system in which the wealthiest few are able to exert so much more elected systemr and our elected representatives than the rest of us and a like this just makes a bad situation worse. donald mcgahn, do you agree opinion? no, i don t. why? upon a fewed assumption that i don t think are necessarily true. first, the idea that there s going to automatically be $1 billion of new money in elections is frankly, with all respect, ridiculous. people in this country can spend on their owney independent of candidates already. this has been the ca
the gentleman for his response, mr. speaker. the question was yes we want to get people back to work. everybody wants to get people back to work. there is no doubt about that. hopefully, we would be at full employment. one defines that whether three percent or four percent unemployment which would be transition employment or unemployment. we want everybody back to work. the issue is if we don t get everybody back to work, 192,000 new jobs this past month that is good but not good enough. is why we have continuing 6.7% unemployment. my question to the majority assume forif argument that the letter to which he refers is accurate. i don t accept that premise but accepting that premise but the minute with the majority leader be amenable to rather than do what the senate does making a retrospective so that the 3.5 months that would ve gone from january 1 or december 29, i suppose, of last year to today and paying that back. simply extending for five months while people conti
from edward snowden revealed the nsa is recording all phone calls from an entire country. 100% of the phone calls. phone calls are stored for up to 30 days, giving them the ability to rewind any phone call in the previous month. then return to scott olsen, the iraq war vet, who almost lost his life and occupy protests when he was shot in the head by a police projectile. i know i was on the ground, my left side was turned toward the cup, and that is where i was hit, right here. ground, beinghe carried away by all these people. scott olsen joins us today to announce he has reached a settlement in a lawsuit with the oakland police. and we will look at how wells fargo instructed their employees to fabricate missing documents on how to foreclose on homeowners. welcome to democracy now!, democracynow.org, the war and peace report. i m amy goodman. russia and the united states have each impose new sanctions on the other over the crisis in ukraine. president obama made the announ