Fairfax capital. They are announcing a loss of 1 billion dollar in the second quarter. Fall has arrived and so has fallen gas prices. Unleaded is nearing 3 a gallon, the lowest since january and more than 30 cents belobe last years record. The reason, record high demand rate and Falling Crude prices. Wall street has been holing its breath this week watching washington, wait to see what will happen with the fight. Theres reason to be opmistic. Keith banks is president of u. S. Trust. Its good to have you on the program. Good to be here. The market seems to be in pause mode. I guess were waiting on a number of things. The fight of the debt ceiling is expected to be a negative. Weve seen this movie before. Unfortunately. How does it play out . I think what u just described, especially the debt ceiling, we think that could cause a bit a pothole, not a sink hole in the market. We c sld see a 3 plus percent pull ckback. Even though its going to impact peoples psyche, its not going to impact
Standard republican strategist. Bob, i love what they come up with. I endorse it to mightily id want to wait through the political system to get this going. Why not do with now . Into the vouchers now. Absolutely provide have been calling for this for three months. A veteran showsup at a civilian clinic with his officials prefer service. Any medical record he has said goes to the doctor industry did and the doctor sends the bill the v. A. Within 30 days proviso if the doctor is not paid within 30 days the v. A. Owes it 50 percent per month until he is paid but the problem is the long term fix but while Congress Tries to figure out the longterm problem veterans continue to die unnecessarily and that is absolutely wrong. Neil you are right to and more comes to light at went wrong figures 60,000 soldiers that had to wait already know how egregious this is. Stop it now and address the care we can address the other bureaucratic issues later. The voucher system is exactly the right answer bu
The future and whether his wife or end up running for the white house. Good morning, everybody on this wednesday in new york city. It is Market Makers. This is a theory. You know what, we are connected. This is how it works. I do not know if bill clinton will say his wife is running for president , but i am pretty sure she is. We will see. The one person in america who thinks she will run. He is not aware because he is canadian. I am feeling it. Time for justice, or at the very least time and time for the justices. Any minute now the u. S. Supreme court will rule on one or more cases with implications for american business. They can hughes is that the Supreme Court. What are we waiting on today . Left to beses decided. Big day at the Supreme Court. You can see the cameras lined up judges to come out. Three cases that are critical to the business community. Lets run through those. Hobby lobby versus a bilious. The Affordable Care act requiring employers provide contraception coverage. I
Neighbors hardly agree. Peggy bunker has more on the leak that lasted nearly a week. This is a lot of water going down the street, wasted water. Reporter gallons of clean water pumping out on to the street in san joses willow glen neighborhood prompted homeowner Brian Johnston to call newsrooms for help after he couldnt get it from san jose water. Johnston says he called the company on thursday, june 19th, and they told him they would investigate that leak within 48 hours. He says they did, but three days later, the water continued to flow. So he called the company again. They said they would get to it as soon as they could. So i started getting mad, and i called newsrooms. Reporter by day four, johnstons neighbors were also getting agitated, watching the nonstop flow of water. One neighbor walked right through his front door. What are you doing, lady . Youre in my house. She said you have a water leak. Are you kidding me, lady . Its on the other side of the curb. Reporter he posted a
Training and readiness. Lets take an air base. At an airbase, the air bases are open. They have guards at the gate. They have people in the tower. They have people in the fire truck. The lights are on. Were spending the money for all that. Where can you stop spending money quickly . Painting the buildings. Mow the lawn less often. That kind of thing. Importantly, you stop training. When you stop training, you have stopped readiness. We are protecting those in as we know are going to afghanistan and would be in a fight tonight on the Korean Peninsula if god forbid we ever had a wart on the Korean Peninsula. Were trying to protect the units most likely to find themselves in combat. For the others, we cannot afford to train them. That is risky because if something happens, those units will not be fully ready. Then we get to the civilian personnel part of a week ago, furloughs began for many of our civilians. Were far from washington, but our civilians live all over the country. They are n