Reporter all the excesses of government and the phony rules and regulations and useless rules, these unions thre on that. The Postal Employees Union is extraordinary. Federal and postal employees are struggling during these hard times. No other group has been asked to financially contribute in the way that they have. We know that they are making twice as much of a comparable job and the private workforce. There is no gravy train left. America it is not in the 50s anymore. Companies along the lines of this, they cant handle the higher pay rate. There is no future for private and public jobs growing in the sector. Charles in the private sector it is all about this. If they had a really from the white house and National Labor relations board. It seems like a favorable media right now. They are on the attack. I dont know if this will backfire or not. Holding up traffic at lax and those kinds of places, it might backfire, but we think . You hit the nail on the head that this is a favorable
Businesses notice and they are sitting on the sidelines or thats not stopping the unions from going after them. The latest casualty is hostess, the maker of twinkies with the bakers union on strike. Greg rayborn warned that unless the bakers wouldcompromise, the company would fall apart. The workers didnt listen. With more on this, we have seen stephen hayes, Senior Writer of the weekly standard. Great having here. Lots of pleasant people. Happy faces. Do you buy . In one word, no. I do not. I think is is exactly what you getat the very beginning stages of these talks. For the exact reasons you suggest. No one is getting any details right now. All they agreed on was the basic framework for moving forward. Whereas eaker boehner said we need to do this in the short term and we need to get beyond the fiscal cliff. 2013 come we can talk about serious tax reform and serious entiement reform. It is sad that tte president wants do that. He has been insisting on these rate hikes. Gerri listen
Inventory finally ending up almost full percentage point. Big changes have come to china. New leadership. Warning the whole economy could be at risk because of that. Lauren which Companies Make the naughty and nice list. Some retailers that were very good and some that should be pulled. David lets tell you what drove the market with the data download. Stocks pushing higher with nasdaq and s p posting four Straight Days of gains. Hewlettpackard led the dow higher. The Top Performing sectors, while utilities lag. Consumer confidence soaring to a fiveyear high, Consumer Sentiment index edging up nearly 30 higher than just a year ago. Fewer americans filing firsttime applications from plymouth benefits last week as impact subsided a little bit. Weekly jobless claims fell a seasonally adjusted 410,000. Lauren the pits of the cme joining us, giving their strategy for protecting yourself from the potential fall off the fiscal cliff. The markets were kind of a honeymoon today. Where the trader
A senator madam president . The presiding officer the senator from south dakota. Mr. Thune madam president , i ask unanimous consent the quorum call be dispensed with. The presiding officer without objection. Mr. Thune madam president , i come to the floor today to talk about the damage obamacare is doing to the struggling economy. Now after months of unrelenting coverage of obamacares many problems and after fridays release of decembers dismal jobs report, im sure democrats here in the senate would prefer that we talk about almost anything else. After all, when you have held most of the power in washington here for the last five years, you dont want to mention the fact that your main legacy is a sluggish economy and a disastrous train wreck of a health care program. This past friday, we found out that december marked the weakest month of job growth since january of 2011. The economy added just 74,000 jobs in december, less than half of the monthly job growth needed for a real recovery
More than they that watch for sunrise. Guide our senators to find hope in your presence as they trust the unstoppable cycle of seedtime and harvest. Lord, give our lawmakers such reverence for you that they will stand for right although the heavens fall. May they delight in any work they do for you and tire of any rest that is apart from you. Create in them clean hearts, which no unworthy purpose may tempt aside. May they wait for the power of your spirit, working through their faith, to do more than they can ask or imagine. We pray in your great name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Reid mr. President . The president pro tempore the majority leader. Mr. Reid i note the absence of a quorum. The president pro tempore the clerk will call the roll. Q