Governor is calling a special legislative session to make sure President Biden will be on the ballot this fall. And louisiana will soon be the first state to classify apportion pills as controlled, dangerous substances. Well go through the legislation and its possible impact in novembers elections. Good morning. Welcome to morning joe. It is friday, may 24th. We made it to friday. It was in doubt there for a while. Thank goodness. Im jonathan lemire. Im alongside the bbcs katty kay. We are in for joe, mika, and willie. Good friday morning, katty. Yeah, news flash, donald trump knows how to put his trousers on. I think that is worth waiting for friday for. We now have that at least. I suppose we can put it in the appropriate context later, or we leave it out there like that and make people wonder just what he was talking about. Hanging, yeah. With us to dive into this important story, Pulitzer Prize winning columnist and Associate Editor of the washington post, and msnbc political analy
Pack inning. Bob pisani is down at the new york stock exchange. What do you make of the action today . Make in the long run, now in the short run. Rates have moved up. Forget about it. The market is in a complete tizzy. Well have to hear what sheila has to say about this. The consumer names, cocacola, some of the other names, procter and game able. Conagra, soandso. The lowerend consumer, the s p 500, we need a bit more energy here. They were briefly positive, for a nanosect. 13,000 the last two weeks, i would say again. Just let me show you the idea of being oversold. Since september, thats when the rates started moving up . Well oversold conditions here, thats really the problem. Im calling it a yield object section. Its a buyers strike. The buyers just dont want to buy anything. So when will it start to stabilize . Just look whats happening. Right across the board, amex, home depot, mcdonalds cocacola. Verizon is down 7 , u. S. Bank corp is not in the dow, but you get the point here
Hey, ari. Thank you very much. We are planning a big show, here, bear with us, we have donald trump facing the fraud trial as soon as this monday, with Special Report, and d. A. Fani willis, taking on trump and the sprawling rico case will begin with trunks address, take a listen. There is an Extremist Movement that does not share the basic belief in our democracy. The Maga Movement and there is no doubt that Todays Republican Party is driven and intimidated by maga republican extremist. They are not hiding their attacks, they are openly promoting them. Trump says the constitution gave him the right to do whatever he wants as president. End of quote. I have never heard a President Say that even in jest. The president , making those comments about the threatening remarks to general mark millie, which were a very big deal. Donald trump posted online an attack on milley, then sa in different time, the punishment would have been death. This is, by any measure, a major scandal. It is not so
Target is looking to shut stores. Costco said its not a major problem. President biden urges uaw workers to stick with the strike while elon musk says the demands are a sure way to bankrupt the big three. We will get to costco in a minute. Lets start with the markets looking to rebound from yesterdays selloff. Jim, you have said this morning be careful, dont bite too soon. Thank you. Because you come in, now i have to tell you that when i was watching Frank Holland this morning, looked like we were about to have a breakout, then we go back down. What i want people to understand is october is a good month. I can understand you trying to position, but i also am more worried that Interest Rates, which did not go higher on the durable goods, the Interest Rates could reverse, and, david, i dont care what month were going into. This market, as weve indicated is really about Interest Rates. Its not about, as much as people might want to say, its not about earnings. The earnings we have had th
Welcome to the center for American Progress, i am the executive Vice President of external affairs. Im so delighted that you could join us today. In our recent report reviving antitrust, it highlighted the idea that the economy has grown more consolidated with more power be good time concentrated in the largest firms in america. This is in no small part of the conservative assault on both government and the middle class. This assault has played out not just in the courts, but in antitrust enforcement practices of the department of justice, the federal trade commission, and at a wider range of federal regulators and in the halls of congress, where the view that big meant more efficient, has dominated for far too long. Since the early 1980s, conservative legal thinking embodied in robert bork and antonin scalia, has sought to dismantle the ability of government to protect consumers, workers, Small Businesses, the environment, people of color, basically all of us ordinary folks, from the