like a threat but whether he meant it or not and whether he thinks that will get congress to pass tax cuts it s really immaterial. i don t think there s any resolution or legislation passed this year on tax cuts, so i look back and i d say what is the market running on and it seems to me yes earnings are good and trump is doing a pretty good job cutting regulation but it seems to me honestly it s running on fumes. you know, people think dagen that the crash for example, in 87 was a one-day thing. it wasn t. it started back in august for crying outloud and that 22% drop we had on black monday was a part of an overall 35% trump. if we start going sideways and start tailing off and then we hear the news about the tax cuts , we could really have a pretty awful market. dagen: well john so far this past week, we didn t see a
year property tax on the street. the homeowners are appealing to the board of supervisors and a hearing is set for october. man, those rich people have got to be pretty annoyed. and get your lottery tickets ready. tonight s mega millions drawing will be for an estimated $346 million. tomorrow s powerball jackpot will also be for more than $300 million. that s a lot of dough. and you know what you can do with that dough? invest it. we are keeping an eye on wall street. the bell just rang. had nine straight days of record highs. we re going the talk more about that on money, power, politics in a moment. i m asking the question, the market running like this, why does the president have such a low approval rating? i want to stay on the president, waking up this morning to an increasingly volatile situation with north korea. just hours ago, trump tweeted, after many years of failure, countries are coming together to finally address the dangers posed by north korea. we must be tough and