In the last hour mike pence landed in Washington State, very he is meeting with governor jay ensley to talk about the pandemic and to be brought up to date on the crisis in the state of washington. And earlier today the Vice President was in minnesota where he visited the 3m plant in january, 3m pledged to ramp up its production of protective facemasks to prevent a shortage because of the viruss spread. During his visit the Vice President spoke plainly, candidly just what the American People expect a leaders. The Vice President saying that while there are enough tests for those believed to have been exposed, there arent enough tests available for all americans yet. We dont have enough tests today to meet what we anticipate will be the demand going forward. For those who we believe have been exposed, those were showing symptoms we have been able to provide the testing. As more americans take an interest in this or have concerns we want to make sure they have access to a coronavirus test
Buybacks which up and told recently were illegal even do a stock buyback so this looks like nosebleed territory but its been this way now for a few years and it doesnt seem to be any stopped any any any any stop sign in the road it does seem to be any end to this for years id say all through the ninetys and the early 2000 most people in the market still had memories of real markets that you would genuinely that there was no fed to rescue everything so since greenspan in the introduction the put you know it took people a few years to realise that any. Time any even a slight i mean when when markets go down 11 points them up but the fed intervenes like so the fact is that. People now are the opposite of what they used to be they used to expect a cycle now they dont expect a cycle every participant in the market does not expect a cycle to ever be able to fulfill itself so that the fed will always tend to be of course i think that makes it probably more dangerous for when they do lose cont
Since greenspan in the introduction the put you know it took people a few years to realise that any. Time any even a slight i mean when when markets go down 11 points the fed intervenes like so the fact is that. People now are the opposite of what they used to be they used to expect a cycle now they dont expect a cycle every participant in the market does not expect a cycle to ever be able to fulfill itself so that the fed will always tend to be of course i think that makes it probably more dangerous for when they do lose control or when fewer and fewer actual people are participants in it so the fact is like we know Something Like you know 85 percent of all stocks are owned by the top one percent so its not like everybody is participating and the fact that we keep on pointing to this thing hey look this magical ball of you know is glowing and this means something to you but it doesnt mean anything to anybody of course donald trump this is what he looks at hes a new yorker this is what
Street theyre also competing for capital and during the reagan years the Reagan Thatcher neoliberal period that we can look back in now look at with some hindsight we see that when reagan fired the air Traffic Controllers any fired the gun to dismantle organized labor in america organized labor has been demolished in america and the average income for americans hasnt budged at all in 2030 years because they were the neutered from their ability to compete for capital labor has no seat at the table labor has no seat at the central bank labor has been abandoned the jobs have been shipped overseas wall street now gets all the capital they get 100 percent of the capital every dollar printed by the fed goes directly to wall street now and bypasses labor bypasses wages just goes to wall street and furthermore the deregulation juggernaut has continued to pace the sensory in so that all the rules in place to try to keep excesses from developing on wall street have been removed and so the questi
Buybacks which up and told recently were illegal even do a stock buyback so this looks like nosebleed territory but its been this way now for a few years and there doesnt seem to be any stopped any any any any stop sign in the road it does seem to be any end to this for years id say all through the ninetys and the early 2000 most people in the market still had memories of real markets that you would genuinely that there was no fed to rescue everything so since greenspan in the introduction the put you know it took people a few years to realise that any. Time any even a slight i mean when when markets go down 11 points them up but the fed intervenes like so the fact is that. People now are the opposite of what they used to be they used to expect a cycle now they dont expect a cycle every participant in the market does not expect a cycle to ever be able to fulfill itself so that the fed will always tend to be of course i think that makes it probably more dangerous for when they do lose c