after my car accident, call owondnder whahatmy c cas. eight million so i called the barnes firm. i m rich barnes. youour cidedentase e woh than insurance offered? call the barnes firm now to find out. yoyou ght t beurprpris the stock market taking a tumble today as uncertainty is continuing after the dramatic rescues of this week. it began a week ago. can you believe it already? the government was forced to ten step in after silicon valley bank fell victim to a bank run with at least three other banks needing intervention in the days sense. thursday first republic bank securing a $30 billion with a b, $30 billion life line from a group of america s largest banks. why does it feel like everyone is waiting for the next banking shoe to drop? joining me john hart, former communications director for tom coburn, karen finney, national security attorney bradley moss and republican strategist rina shaw. it s true. many have been thinking how many others are going to fall in lin
the same outfits. putin is basically ruthless dictator barbie. all right. good morning. and welcome to morning joe. it s wednesday, december 6th. we ve got a lot to get to this morning, including donald trump s response to questions about his promise to use a possible second term to seek revenge and retribution. we ll show you what he said. plus, republican senator tommy tubervillle finally drops his hold on hundreds of military promotions. but he s trying to spin it as both sides not getting what they want. let that breathe. also ahead, the partisan fight over the senate s foreign aid package. one contentious issue is threaten to sink the bill. we ll have the very latest from capitol hill. along with joe, willie and me, we have the host of way too early jonathan lemire. congressional investigations reporter for the washington post, jackie al mayny and white house editor for politico, sam stein. good to have you all with us this morning. our top story this hour,
our young people, particularly young girls, although increasingly so young boys. the idea though that we as a nation are on one hand addicted it to social media and the other that we are concerned about well being. this is a cost benefit happening in this country right now. what do you say? i am a little torn. i say this partially as a parent with young children who i m sure when i left for the studio tonight were probably sitting on youtube at some point watching things on their tablets. this is not an easily solved issue through a piece of litigation. i think this is worthwhile venture they are taking. i think the discovery will be particularly illuminating in terms of how the algorithm is set up to which is specifically is targeting younger individuals, being manipulated in violation of state laws. that s worthwhile to explore to make sure that s not being abused. you think about the lawsuits against big tobacco in the day and what came out of that wasn t that big tobacco went any
2007-2008 who wasn t on the hill? show of hands. i was a young easier times. [ laughter ] the reason these banks acted recklessly is because they were incentivized. they knew they would be bailed out. the problem in washington is that when there is no loser, everybody loses in the economy. and we have too many people in d.c. who believe in tooth fairy economics. if you lose something, money magically shows up under your pillow and everything is okay. that s the name of your next book. that s the one. yeah. but it really gets down to the question of what is your theory of wealth creation? is wealth a measure of what people value and will pay for things that are important to them, goods and services, or defined by whatever government says it is, whatever government decides to print that year. whenever we get away from wealth creation being anything other than what people value we set ourselves on a dangerous path, whether it s esg, svb, whatever