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[indiscernible chatter] the subcommittee on health will now come to order. Good morning, colleagues. The chair now recognizes herself for five minutes for an Opening Statement. Madam chair, would you yield for a parliamentary inquiry as we start this hearing . I want to do my Opening Statement pardon me . I already recognize myself, but i will recognize you afterward. Id be holding, or that we would be holding a hearing under these circumstances. But i think it is a necessary one. Our country is in pain. Americans are afraid, you they they are sick, hungry, and jobless, and over 80,000 souls h...

[indiscernible chatter] ms. Eshoo the subcommittee on health will now come to order. Good morning, colleagues. The chair now recognizes herself for five minutes for an Opening Statement. Mr. Burgess will you yield for a parliamentary inquiry . Ms. Eshoo i want to do my Opening Statement. Pardon me. I already recognized myself but ill recognize you afterward. I never thought id be holding or that we would be holding a hearing under these sad circumstances, but i think its a necessary one. Our country is in pain. Americans are afraid. Theyre sick. Theyre hungry and jobless. And over 80,000 souls...

The nasdaq up about four points. Yields firmed up a little. You can see the 10year, as equities came up, the 10year about 0. 624 all of this as Energy Prices got stronger the june contract up about 13 now trading at 15. 68. Hard to believe that is a strong level. 15 a barrel is pretty strong for oil when they were paying people to take it from them earlier this week. Time for the squawk planner is it . It is yours, joe. Getting to closely watched jobless numbers. More than 4. 3 million americans are expected to have filed for jobless claims that number rose on the earnings front, well hear fro...

Recognize my great friend and colleague, the best president of the best World Affairs council in the United States. I know we have a lot of World Affairs Council Members here. Gym falk, very, very grateful to jim for his help in this. As ive said, weve got the players, including stephen hadley, who will be speaking tonight, a truly great Public Servant who is the director of the nsc under bush, and i say Public Servant in days when that meant something and it really mattered. We respected people who hold these high positions. Were going to look forward to hearing from him tonight. And i think ...

I will use another strong word. Panic. That is justified. Late yesterday, panicked investors drove the dow down 1191 points. Thats the biggest oneday point loss ever. Okay, thats the backdrop. Now todays reality. The dow at one stage early this morning, futures were down over 600 points. Right now we are down over 400 points. The s p down 50. The nasdaq composite, way down, another 2 lower, off 166 points. Today on this show, we will ask when do we get a rebound . Where are the bargains that longterm investors might go for . Now look at this. This, what you are seeing, is a worldwide rush to p...