On the off chance that theres an impressionable staffer on the Ways Means Committee here what might the four of you and i would like to get all four of you your opinion on this him or her, the staffer that is to take back to chairman ryan and say this is what we might accomplish in this congress. We will go lefty right. The first thing is forget what can be accomplished. The first is lesson that only people pay taxes and corporations are fictional entities of the burden falls on people and not corporations pass through. Second the ideal rate and they use the word rate for Corporate Taxation is zero. Thats the ideal rate. Now i think what we can get done is the narrative that we are not competitive and to be competitive we should be at or equal to which means the rate should be no higher than 25 . That is still higher than i would like but at least that gets you to say we are not being competitive with our oecd trading partners but around effort so that seems to be a narrative. Im not s
I began to really understand, i had like basically removed a lot of my case. I had to go on with my life and i had to let it go. And i was reminded of this man who called for the reinstatement of the Death Penalty, specifically for our case. People wanted us to be hanging from trees in central park, you know . And it was the same blood thirsty miss that i began to really connect with in understanding that had this been the 50s, had this been the 40s, had this, i mean, had this been the earlier part of the 60s they would have broke our doors down, drug us from our homes, and we would have become some of those they turned them into postcards and they call them picnics, but it was a picnic of the picture of black and brown folks burned at the stake with their members cut away from them. And many of them had been hung. And i began to really understand how devious the system is that we are fighting. This isnt just about say, well, you know there are some people who are criminals and so fort
250 points shy of that level. Still, though, only a couple of Percentage Points in the grand scheme of things. Yeah, bob, its one of the days when the averages dont tell the things. We had mergers. We had more earnings. We had a lot of storied stocks to talk about today. Reporter yeah, considering nobody cares about apple, its supported in the nasdaq, and its the reason we outperformed. Weve been in the narrow range. Look, were 1,580 or 1,680, put up the s p, essentially a month now. What will break us out of the particular range here . Number one, a little thought here, i just want to put you down here with some thoughts of what will matter. Underperformance may not be or it may be enough for us. Weven up, down, only 2 , 3 corrections for most of the year. Just another 2 , 3 , to the downside, thats all thats necessary for people to come in and buy. Stability after tapering in september. My feeling is we get the tapering, we drop 3 on the s p over a period of several days, and then we