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Wait. He said he would wait. If you were on the Federal Reserve its a very close call. If you were on the Federal Reserve financial policy committee, would you be concerned there are beginning of signs that this very easy money, lots of low rates is causing excess . Yes. I think i would point to the leverage lending market, for example, where the terms on a lot of loans have become socalled covenant lights so a lot of the terms have gotten much easier. Banks putting fewer and fewer strings. Right. Its not just the banks. Those loans tend to be securitized. The banks originate them and some are in the market. Junk bond market. And there are other signs. I do think i would be somewhat concerned. I think the Federal Reserve has reacted in an entirely appropriate and proportionate way. Among the things theyve done is they ....
T is uniform for everyone housing, some get it and some do not. In the case of health care, the very lowest are on medicaid. And then you have the problem of cost of insurance. Of whatpart of the cost the Affordable Care act deals with. As long as we have that kind of polarization of income, those costs will increase. Now that we are away from the issue of does the government stay open or not, we will get into the debate about what do we invest in . A National Institute of health, reform of how the money is going into food stamps . It seems like we will see a shift in the debate and how we are focusing our attention. Let me raise another issue. I think it is complicated. Less have the committees been doing their work. When they do do their work, they are overruled by central leadership. Projectittees produce a product and then they get vetoed by leadership. My observatio ....
That does not you have to deal with long term entitlement costs and revenue. Any real solution will be a combination of the two. That has been the real holdup. President obama got hammered. The head of the House RepublicanCampaign Committee came out instantaneously and slammed him. He was quickly followed by progressives who saw this as another betrayal by the president. On the issue of longterm deficit challenges, medicare, Social Security, do you see trends in Health Care Spending or with reform that might provide some reason for caution in going too far in medicare . And how severe is the challenge on Social Security . I think Social Securit ....
Shooting at Sandy Hook Elementary School in newtown connecticut. Some in congress advocated for tougher gun laws. In our first 45 minutes who would like to get your views on gun control. Have they changed since sandy hook and consequently other shootings, even as early as yesterday. Heres how you can reach out to us this morning you can participate on a pole on our facebook page. And you can send this email to journal cspan. Org. The connecticutbased papers play up the event of last year in this manner, the hartford. Urrent out of connecticut go to the newtown local paper, not much mention of an Anniversary Event but they do have a listing of what the churches will be doing on the weekend and how they will commemorate things. The colorado papers picking up the story out of that high school yesterday. The denver post with the large headline for our first 45 mi ....
And damage President Donald Trump, that its tonights opening monologue. So the Democratic Party and their liberal allies are plotting, planning, scheming to slow down, stop, and even destroy President Donald Trump and the agenda that you voted him to be president for. The Washington Free beacon is now reporting on the tactics, weve not independently verified this but according to the free beacon leftwing agitator david brock founder of media matters hosted a private getaway at a risky resort last month, over 100 rich liberal donors were there. The free beacon obtained a copy of the confidential outline year to year and their plan to take down President Trump. The document details how to expa ....