Runs out and shares of Bed Bath Beyond are surging, the retailer reports comps of 6 , online sales soaring 89 , jim so earlier in the week, jim, and even last week you seem to be pessimistic about the prospect of a compromise coming together. Do you feel any different this morning . Look, i think the Airline Layoffs are looming large because with layoffs come a cut in roots, with a cut in roots is a pain point, but i think its the senate, we keep talking about mnuchin and we keep talking about speaker pelosi, but i think the senate is buying into the president s vshaped recovery and i think Mitch Mcconnell is buying into it which says why do we need more we have a v shape, its just Certain Industries that can be triaged. I know that the industries represent small and mediumsized business so im against that, but i would say in favor of the mcconnell position, at least if you are looking at the stock market, this set of earnings, now, that is not what they care about and i dont want to m
33 . Jobless claims rise for a second week with 17 million filing for benefits. International condemnation of hong kongs decision to bar a dozen prodemocracy candidates from Upcoming Elections as chinas new security law breaking news out of south korea. We are getting june Industrial Production numbers and they are a strong beat for the month on month numbers for june, a growth of 7. 2 . The estimate was for growth of around 2 . It is also coming after the previous number was revised downward, so its a bigger beat than expected. The year on year number still in contraction but only up. 5 percent. The expectation was for a plunge of 5 . The previous number was revised downward. We have seen a little bit more optimism. Manufacturers confidence in south korea rising. We have seen export declines starting to ease. Chinese demand rising, not to mention demand in the chip industry as well so the month on month number really a pop up 7. 2 growth, haidi. Today would be an interesting litmus te
I would like to call the meeting to order at this time and i would like to, if i may, give just a brief overview of what you can expect. We have called the meeting to order and there will be an Opening Statement of the chair and Opening Statements of the Ranking Member, Opening Statement from chairwoman waters and witnesses will be introduced and they will give their Opening Statements and we will have q a and adjournments. The title of todays hearing is protecting homeownerss during e pandemic, oversight of Mortgage Services, implementation of the cures act and without objection the chair is authorized to declare a recess of the subcommittee at any time. E. Also without objection of members of committee who are not members of this subcommittee may participate in todays hearing for the purposes of making an Opening Statement and questions of witnesses. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Members are also rem
Chair, Opening Statement of the Ranking Member, Opening Statement from chairwoman waters, the witness of will be introduced, witnesses were given Opening Statement then will have two and a of witnesses and adjournment. The title of todays hearing is protecting homeowners during the pandemic oversight of mortgage servicers implementation of the cares act. Without objection that shares authorized to declare a recess of the subcommittee at any time. Also without objection members of the committee who are not members of the subcommittee may participate in todays hearing for the purposes of making an Opening Statement and asking questions of witnesses. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Members are also reminded they are responsible for muting and and getting themselves. I think this is something thats worthy of repeating because i have made the mistake of not honoring this responsibility. I hope i dont make tha
So it has the slightest bit of a speed all steel doesnt cut it off. The power of corporations must come to an end. But our Current System insurers the corporations become more and more powerful. But needs to change. The trend and i want to ask someone whos been standing description for years. As one of the greatest intellectuals in the. Chomsky is a professor. Just a can or a chair and a prominent critic of to all but i say sure. You must be very busy i suppose. As you can say. Ok that. Brainwashes down to something in the seventys beginning of the seventys. Thats when the beginnings of concern with the environment began to be raised among the general population so of course our systems after its on the triumph is theyre going to maintain their control some but what is the power of corporate today bears on our power is based on their control of the capital on their control of investment decisions. There are massive influence on government which derives from the private our that basical