And the New York Times runs . What are the distributional consequences . Will the rich be paying more . What about the middle class . Shouldnt we be having that same discussion in the conduct of Monetary Policy . If you think about this Monetary Policy, if youve got the freedom, like ken and stan, to devote huge amounts of money into liquid assets, to play the risk game, youre going to be a huge beneficiary. So this is in some sense a policy where we also need to think about the distributional consequences. And this is in some sense a transfer to people that are rich. Trickledown economics. Stan calls this trickledown economic policy. Others can see if it worked in fiscal. Well see if it works here. Its also a transfer to those who are imprudent to those pro are prudent. Dont wait so long next time. Its been unbelievable having you. A great hour. Thank you. Thanks, joe. Thanks, becky. Good to be here. Andrew, well see you soon. Make sure to join us tomorrow. Squawk on the street is nex
Brokaw. So probably safe to say he wont be doing this. Youre on. I love scotch. That is good. Youre on you look awfully nice tonight. Maybe dont wear a bra next time. Youre on the air right now. Oh. Any chance we get. This is morning television. Anch anchorm anchorman the legend comes out in september. Starting point with Soledad Obrien starts right now. Welcome, everybody. Our starting point this morning, a late winter storm. Right now snow is falling in the midwest and make its way toward chicago and the Nations Capital. Well track that storm this morning with our live team coverage. Then the venezuelan president hugo chavez is in a delicate condition this morning. His Health Taking a turn for the worst. Well bring you live with an upda update. The dow is closer and closer to an alltime high. Could we see history made today on wall street . Martha stewart in hot water this morning. Why a deal with jcpenney has her in court with macys. And a teacher under investigation accused of writ
One low starts to lose its energy, it transfers to the one down to the south. Heres what we see for this system. We will start to see later this evening the one system, that system over the midwest, transfer its energy to the system moving into the Midatlantic States. As it makes its way up the coast, were going to see very strong east to northeasterly winds, so coastal flooding and beach erosion along the areas already hard hit by sandy. For coastal new jersey, long island, and into new england windy conditions. Back behind the system were looking at much colder air. So snowfall amounts, generally the models are in agreement, anywhere from 4 to 9 inches of snow from illinois to indiana. As you get to the east coast, very heavy snow. Up to 18 inches of snow back through the mountains of West Virginia and virginia. As we move to the american models, less snow falling in boston and up into new england. Into the West Virginia area, about a foot and a half. The european model, even less sn
STATESVILLE, N.C. (QUEEN CITY NEWS) – A Statesville Violent Crimes Unit is investigating a deadly overnight residential shooting. Statesville Police said officers responded to calls regarding the incident around 12:25 a.m. at a home on Stewart Court. Statesville resident Richard Pledger, 52, was found suffering from gunshot wounds and was pronounced dead on scene. The […]