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Guest i was trying to come up with a label for the peculiar variety of libertarianism that says if you get sick and cannot pay for it, that issue are a tough lockett is unjust for government to tax somebody else to pay for your health care isnt there was a revealing moment in the oracle oral argument argued on behalf of the mandate that it is fair to require people to buy Health Insurance because if they get sick and they cannot afford to pay for it were obligated to give them health care and Justice Scalia said then dont obligate yourself. That is extraordinary thing to say and it shows the m...

Rate cut to near zero by the end of the year so keep an eye on the Quarterly Report that comes in november. The bank of england votes 90 to cut rates, no dissent on rates but dissent on qe and the Corporate Bond buying program. The bank of england cut rates to. 25 , they intend to buy Corporate Bonds as well. The majority of the mpc expect a rate cut to zero by the end of 90year, and they voted four the rate. Majority of mpc expects a rate cut to near zero by the end of the year. I do say that their Bond Buying Program could increase by 170 billion pounds as well. To sort of put a number on th...

Estimates. The biggest thing on the economic front, the bank of england coming out with its Interest Rate cut as well as increased stimulus here. Factory orders, durable goods orders coming out a little better than had been estimated but it does not seem to be changing the direction of stocks to any significant degree at the moment. Still seeing very little change as investors weigh what the bv has done with the bank of japan and try to extrapolate what the fed in the u. S. Will do. Playing into what we are seeing today asked stocks fluctuate above and below the zero line i half hour after the...

Good morning, everybody. Welcome to squawk box here on cnbc. Im becky quick along with Andrew Ross Sorkin and Michelle Caruso cabrera. Joe is off today. Lots to cover on this friday morning. Everything from this civil gop debate in miami to apple and the fbi trading blows over its encryption battle. Check out the futures. Theyre in rally mode this morning. The ecb moves still in the market. Yesterday, the knee jerk reaction was a positive one. You saw markets up across the globe. By the enof the conversation, though, the ecb head mario draghi making comments that this might be the last that th...

Radios. There is an airplane in the air, the boid. Stop, hide. Sniper is watching. Theyre inside houses, he told us, they move from house to house, theyre behind the rubble. He and his family fled sinjar when i. S. I. S. Militants overran the city 15 months ago. Tens of thousands were uprooted in the terror that followed as i. S. I. S. Murdered, raped and enslaved members of the y yazidi sect. The fight some starting. As the day wore on, kurdish soldiers spotted more i. S. I. S. Militants on the move and scrambled into motion. He says he hopes i. S. I. S. Will be defeated and his family can re...