But she is our youngest justice. And do any of you think that these kinds of things could have gotten into a Supreme Court opinion 30 years ago, 50 years ago at all . Did they have similar . Rehnquist quotes gill better and sullivan. Not totally different. I guess thats his version of an pop bapped. For 50 years ago touf ask tony or david. Thanks, bob. We cant remember. Weve talked about what good questions Justice Kagen asked and Justice Ginsberg asked. We passed yet another term with no questions from Justice Thomas. But he did Say Something one morning and it created quite a irestorm in the press. Are you up to date on that . I remember, we all kind of and the press gallery looked at each other and, did he really Say Something . It was hard to tell. T was sort of a quip made in passing. But he was he leaned toward the microphones, which certainly seemed like he intended it for it to be heard. And this was a case that actually ended up getting dismissed, boyer versus louisiana, about
Ever seen since we have been alive. But were coming out of it, and there are many, many bright spots in the economy. We get good Economic News pretty much every day. We also get some mixed Economic News pretty much every day, so its not happening as fast as we would like it to. Its not happening in every sector of the economy and every sector of the economy like we would like it to, but it is happening, and one of those bright spots is manufacturing. Last year, manufacturing contributed 1. 87 trillion to our economy. 1. 87 trillion in manufacturing, thats how much a difference it made in our economy. There are 17. 2 million u. S. Jobs, thats jobs in this country, one in six private sector jobs are tied to manufacturing. It also provides a very strong return on the investment we make. So if you invest a dollar in manufacturing, what it does is it adds 1. 48 back into the economy. America is a powerhouse when it comes to manufacturing, and we need to keep it that way. Everybody knows, yo
Incentive to take risk and i have a chapter on the book on organizational structure and how to that can shape risk taking. Id like to go to the other side of the equation. Theres a section in the book, and i would imply this to the regulators as well and everybody and Board Members the power of simple questions. In other words, there are certain simple questions you, when you ask them and pursue the answers you learn something. In the late 2000s fannie mae took a large hit for an ordinary company not large for them because they were such a big company on manufacturing housing loan. In 2003, the chief Credit Office at fannie mae wrote a report saying one of the lessons is you cant trust the aaa rating because we bought aaa pieces on the mobile home loans and they createred on us. Craters on us. Again, if somebody starts to ask questions and say why arent you doing Due Diligence on what youre buying regardless of whether it has a rating and remember underneath the rating in terms of the
Thank you to your attention for this matter. This comes this morning worried that beijing hit the u. S. Was 75 billion worth of new tariff tariffs. The president responded by urging american firms leave them a worlds most populous country. That earlier message sent the markets reeling. The dow plummeting today 623 points. The s p 500 lost 76. The nasdaq plunged 240. For the week, the dow lost one percentage point. The smp drop to 1. 5. The nasdaq lost a little less than two. Todays events put an exclamation points to the Federal Reserves comments, the trade situation is completing his ability to deal with one of President Trumps favorite topics, interest rates. Correspondent rich ads and starts us off tonight a busy day on the north lot of the white house. The president promises to respond and here it is. Another escalation in this trade fight between United States and china. The president says he met with his trade advisors today, the result is this and that means announcement and the
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