With the dow gaining 225 points the s p climbing 49. 9 , and the nasdaq jumping. 89 . This is the type of day when i like to talk about the negatives. I like to talk about what has been causing the selling of late but not today. You see, i dont like to pile on and bring out the dancing bears only on those horrible days. That is what the other guys do. That is worthless. Im not going to let you panic, so use this amazing positive day to do some learning. Let me give you the narrative that so far in 2014 has kept it from rallying let me prep you, so then you will know the drill and you will be ready. Its crazy out there these days. There are too many things happening all at once. That means a rush to the exit every time they see their shadows, now they didnt see them today. We all know the stock market has been on a major tear since the bottom in 2009. We know that the rally attracted many a new investors some of whom were turned on by exciting Companies Like tesla, and netflixs and of c
I know and i said under the marijuana licenses we needed to do a better job. I will do a better job on that. The Health Connector is on its way to being fixed. That was an error and we need to do better with technology. Moderator thank you. Falchuk is easy to describe the things have gone wrong and said i wouldve handled it perfectly, differently if i were the governor. Limited powers and we have been following a model of intrusive Big Government that is doomed to failure. Doesnt matter who is at the top. I am running because the system is broken and i have create jobs that solve the problems. We dont have the technology within the state to do this. We know how to use technology to create efficiency and we would have avoided the website integration issue. There is so much we can do if we break from the status go and we are not doing that. That is why we needed an independent voice. Here we sit a year into this and we have no visibility into what went wrong, what could be done to fix it
Africa. So, i think we are seeing a perhaps unplanned, but none the less, an expansion of the chinese ability to deploy ships far beyond regional wars. But not necessarily to the indian ocean or persian gulf. No, they are doing some of that. Since december 2008 of course, theyve had to Counter Piracy formations in the gulf of aden. They are slowly beginning to deploy more and more ships into the indian ocean. The fact that earlier i guess last year, they sent a conventionally powered submarine, certainly has gotten the indian navys attention. The indian navy tends to take an exaggerated view but none the less we are seeing increased distance deployment by the chinese navy. On mikes question, if i remember my World History correctly, there actually arent too many cases of a continental power becoming maritime power. Soviet yoon ontried, failed. Were the only one. So, what china is setting for itself is not a small goal. On allens question, i agree that once you have the capabilities, th
Go to facebook and you can also send us an email. We will get to your thoughts here in just a minute. Politics onalk thanksgiving today, and if so, what debates will you plan to be having . Your are a couple of tweets for you from members of congress. We will begin with the speaker of the house. He said this just before thanks , just beforeis out the giving, Obama Administration releases plans for 3415 new regulations. To the hill newspaper about irs employees getting bonuses. Story, thanksgiving, moved up aup fdr week and set up a political firestorm. Are you going to talk politics this thanksgiving . That is our question to all of you this morning. If so, what debates do you plan on having today . The numbers are on the screen. The lines are open, so start dialing in. Also, another story from politico this morning that the house gop could respond in immigration next week. Is this one of the debates you could be having with your family today . The house leadership is reserving time on
Its entirety. 2. 6 trillion is medicare, medicaid, Social Security and interest on the debt. Interest on the debt by the way is scheduled to approach 1 trillion within a tenyear period of time, within the budget window. All of that money we cant use for something else. So 3. 6 is the big number and 2. 6 is what we spent for the debt and right around a trillion for Everything Else. So when you think about the federal government and you think about roads and energy and education and National Defense and all of the kinds of things legislative branch and commerce, Everything Else except for medicare, medicaid and Social Security and interest on the debt, you are all a bright audience and you know weve had deficits of greater than a trillion for the laxt six years which means you can do away with the entire government with the exception of medicare, medicaid and Social Security. And if you get rid of everything, in those four years we wouldnt even balance the budget. So that is the magnitud