Interest rates in over 10 years, since the great recession. It is pretty momentous to see that rate cut happening. It is happening mainly because of the trade war. Jerome powell at his press conference after the announcement said that this was mainly driven by trade tensions and by Slower Growth overseas. Other parts of the world have caught a cold economically and we want to make sure the United States does not catch that cold. In terms of real people, i looked at houses last week. This is very fresh for me. You look up the mortgage rate, the cost to borrow money. What the Federal Reserve did is they took the rates down. It will be cheaper for companies and individuals to borrow money going forward. Host is this only affecting people who are wanting to buy a house and Mortgage Rates . Does it affect any other area . Guest yes, a lot of different people. Auto loans if youre looking for a car. If youre borrowing money to start a business. Credit cardholders. They should go down a little
Host we are back with Washington Post economic correspondent heather long. She will talk about what the fed did this week and how it affects us. Good morning. Tell me what fed chair Jerome Powell actually announced this week and its impact. Guest we had the first cut in Interest Rates in over 10 years, since the great recession. It is pretty momentous to see that rate cut happening. It is happening mainly because of the trade war. Jerome powell at his press conference after the announcement said that this was mainly driven by trade tensions and by Slower Growth overseas. Other parts of the world have caught a cold economically and we want to make sure the United States does not catch that cold. In terms of real people, i looked at houses last week. This is very fresh for me. You look up the mortgage rate, the cost to borrow money. What the Federal Reserve did is they took the rates down. It will be cheaper for companies and individuals to borrow money going forward. Host is this only a
Our question to you, what is your experience with rising Prescription Drug costs . Are you worried about costs going up in the future . We want to hear from you. We are opening regional lines. If you are in the eastern are central time zones, 202 7488000. If you are living in the mountain or pacific time zones, 202 7848001. We are always on social media. The New York Times reported on this new Trump Administration plan earlier this week. The Trump Administration said they are taking steps to make it import less expensive Prescription Drugs from canada. The move has been supported by progressives. Fierceencountered opposition from the pharmaceutical industries. The fda plans to advise manufacturers on how to import hype priced drugs that are sold more cheaply in other countries. President trump is been clear that they are paying to high prices for Prescription Drugs available to other countries at lower prices. The rising price of prescription at thes a popular topic president ial debat
Newton and mark rudd. Narrator these are leaders for students from a democratic society. College00 chapters on campuses. National and local leaders are in convention at the chicago and takein june, 1969, major credit for mob action, rioting and burnings on College Campuses throughout the nation. This is defining the organization of sds. We will talk about socialism anywhere, in the streets, anywhere. Secretary of sds and this is bernadine dore, secretary. [indiscernible] narrator are there commune are there communists in this organization . You will see. You can hear people talk and judge for yourself or the people are communists or not. There are communists in the organization, no doubt about that. There are also liberals in the organization. Thate sds is not something exists in the school year and is set up again in the fall. We are going to be the streets in every city in this country from now on. We are going to replace capitalism with socialism. Narrator this is the National Revol
Every day. In every state across the country, our political system is bankrolled by in army of fundraisers pulling in millions of dollars a race sometimes it looks like you might imagine knocking on doors, calling every name in the phonebook, and email so many emails. But for all those little fish throwing 100 to their local race, its the whales, those Campaign Fundraisers really need powerful, rich individuals and companies. And when they donate 25,000, 100,000 million, they want a favor or ten. It should be obvious that thats corrupt, but with a wink and nod, political deals to the bribery line. Every single day. And we may not have noticed that of a certain illinois governor hadnt flung back the curtain within unrepentant ego, a political corruption, crime spree in a setup ive unprecedented Audio Recordings that shined a bright light on the Inner Workings Of American Political Power Ladies And Gentlemen meet Rod Blagojevichs it was Early Morning because i used to get up every mornin