Debt. The debt is a huge problem just like a cancer patient has a problem with pain. But it isnt healthy to be but it is analytically unhelpful to be thinking in terms of the debt crisis. We might as well refer to the crisis we are going through as the savings crisis, a crisis caused by too much savings. You have never heard anyone from bloomberg refer to it as a crisis of a glut of money with nowhere to go, but it is, just as much as it is a crisis of debt. Lets begin at the beginning. Lets talk about debt. Reading the mainstream outlets, newspapers, or listening to the idiotic stations like fox, hyou would think that it is possible to have capitalism without debt. Recall of feudalism. Well, it isnt. Once, it was possible to have an economy with debt that is marginal. Recall feudalism. What was the process that led to the accumulation of wealth . It began with production. Peasants work on the land. They produce wheat, corn, so production came first. Then came distribution. That would
Entrepreneurs there are currently 9 million this is the only statistic i will give. There are 9 million coming over the next decade i and the odor of Senior Living solutions for the first time to abide assisted Living Solutions to Public Housing in miami 1996. In fact, he may not remember revisited 1988 in reverse so happy to see you there. We have worked with public and private entities in 23 states. Later we will open the first public assisted living facility right here in washington d. C. Our projects with medicated in medicare spending generating thousands of jobs and helping the profit margin. For the past two years we have partnered with low income tax credits for Affordable Housing and investors to grow our bottle that has required a major of undertaking on our part. In 1995 i created senior giving solutions as a forprofit going to grow the firm we had to be propelled by profits under the secretary of beijing i developed a very good understanding of aging issues with a good netw
Going to the operation on what day . In august we were confirmed in the prior august. 2012. Yes and shortly thereafter we would be sworn in. There is an idiosyncrasy to the statute that i would point out which is only the four parttime members were confirmed in august of 2012. Only the chairman has the statutory authorization to hire the staff or the executive director. And mr. Medine wasnt confirmed until may of 2013 so we didnt have the statutory capacity to hire the staff or an executive director to say nothing of our intent to find office space or intranet, everything that needs to be done for an agency. So, that takes me to the question of an independent advocate who could appear in the court representing a Public Interest. Of how that individual gets managed and supervised, i get more anxious. I think if the person is an appointee of the chief judge of the court or chief justice of the United States, they risk becoming the pet lawyer of that individual. I think if the court can c
You moment noted the requirement they november the fda in advance help the situation they are able to take from steps. While fda is planning to establish a new Information System to track data there are significant concerns specifically conducting routine analysis of existing data drug shortage in the data base to respond practically. Can you elaborate on it . Yes. We had concerns about we call internal control. They ensure the accurate sei in data base. And extend to which they are doing broader able cease to look at things like the ongoing shortages as opposed to use it as a tool it help them track the status of an individual shortage. What were not seeing is the kinds of larger able cease looking at trends and as time goes on. They have more fully developed data. We believe it is important to engage. They agreed with us it is something they plan to start doing now they have a little bit more data for a little longer period of time. That is something they can do. We talk about your e
Protests that followed the rele release of the videotape, and the arrest of lashauns killer, then we spoke about the direction of the department, and the undeniable fact that the leadership of the department has been shaken and eroded. This morning, i formally asked for his resignation. The superintendent garrys record at the Chicago Police department is a strong one. And one that he can be proud of. I am grate fful for his serviceo the city. He has modernized the Police Department and brought real results for the people of the city of chicago. And public outrage erupted after of the the police delayed the release of a dash cam video. I want to warn the viewers, it is disturbing, and very dist disturbing capturing the Police Officer shooting the teenager Laquan Mcdonald 16 times. The judge ordered after 400 days for the video to be made public. Ryan young is joining us from chicago, and what is the breaking ne breaking news reaction that the police e chief had been fired . Well, some a