Since the Obama Administration began. You got to ask yourself why isnt this market down more than it is . How in the heck have stocks managed to stay resilient with the averages actually up most of the day before backsliding. Dow closing off 67 points. S p declining 0. 2 . But the nasdaq actually inching up 0. 08 . Any explanation for the underlying strength is pure supposition. We should be going down hard right now. Right here. As we did right about now, for every single federal level imbroglio since weve had so far. In other words this was the day they started versus the event. The october 1st date for when a Government Shutdown is supposed to be begin, it looms so large. There isnt a single sign that there will be a deal. None. We could be in for a prolonged period of ranger and indecision, both of which are bad for business. So how can we think this time will be different . Why arent we down, 4 , 5 , 6 , instead of a measly couple of down days . Let me give it a try. First, maybe
December 2007. The best gauge for fear in the motorcycles, the cbo volatility index plummeted last week. If you look this morning to see where things stand, youll see u. S. Equity futures are indicated just slightly lower. Right now, dow futures down about 35 points. Same story in europe. If you look at the early trading there, youll see a slight pullback across most of these markets. The cac is off. 3. 5 . Major asian markets overnight, things barely budged with the hang seng and shanghai was slightly higher and the nikkei was down by about. 8 . Andrew. And werings season officially begins after the bell tomorrow. Thats when alcoa will be posting First Quarter results. Earnings are expected to rise. Lets get a quick check on the weeks economic calendar. A quiet start today. Tomorrow, well be getting the Nfib Small Business sentiment survey. Were going to get the Consumer Credit and on thursday, weekly jobless claims and wholesale trade and finally on friday, International Trade and im
Government company was privatized in britain. The British Government did that for the same reason weve got problems with our u. S. Yes. Declining mail volume and deed for greater efficiency in the market economy. So britain has done. Iselin note i see no reason why this country cant privatized its postal system. Thank you very much. Thank you. Mr. Arnold. Minus Brandon Arnold and the Vice President of Government Affairs for the National Taxpayers union. Thank you to the committee and the chairmen and ranking ever for having me today. Lef. By myself i would include a heck of a lot more, but you know, when you are cooperating there is a lot to talk about bipartisan cooperation. We are very pleased to work to find stuff that we both agreed upon. I dont have time to go through all 65 recommendations in this brief period but the report is included in some entire dna binder and i hope that without objection the entire binder be placed on the record. I hope he will share it with your staff an
Host and this week on the communicators we welcome back the president and ceo of the American Cable Association, matt polka. Mr. Polka, what is the American Cable Association . Guest thanks, peter. Nice to be here again. Nice to be here with you, lynn, as well. The American Cable Association is unique in the fact that we represent many smaller Cable Operators across the country, and everyone always asks me, are there still small Cable Operators left . In fact, there are nearly 900 of them in every corner you can imagine, rural areas, small towns. Many of them are providing Competitive Services even against some of the largest providers today. And whats great about these smaller companies, its a terrific story because theyre providing broadband, highspeed broadband in rural areas that desperately need Broadband Service. So these are the members we represent. Theyre smaller, theyre independent which means that theyre not affiliated with larger content companies or larger providers, and w
At the expense of another. I dont think that is the case. A think our government is completely focused on both of these issues. I see the ongoing work of out to address this and am able to make my input. Remind me attorney but the second part of your question. Okay. Eri. A great in my opinion, it offers us a tool to begin to do all of those things dont need to do to address the three latest will. We will need u. S. Forces to be a part of that small rapid reacting part of the nrf. Certainly we will not be all of it and have already had several other capable nations stepped up to be a part of that small force. We will need to make investment in training and capability to make sure that we are well set to be a part and to lead and be a big part of that rapid reacting peace. The third piece, our presence forward, in some cases i believe it will help us to be a part of conditioning lodgment setting forward with other nato allies those prepossession materials that we think that we needed som