Democratic president ial frontrunner Hillary Clinton says the nation needs a new bargain to create better paying jobs. Clinton is campaigning in michigan ahead of the states primary next tuesday. She is proposing a callback of tax benefits for companies that ship jobs overseas. Crews are starting to dig up old lead pipes digging up water mains to homes. Children under six years old, senior citizens, pregnant women, people with compromised in the in systems, and homes where there are high levels of lead. Brazilian police raided a home and took into custody, president released after four hours. He called his detention and politically motivated media spectacle and promises to fight charges and a corruption scandal. Global news powered by our 2400 journalists and more than 150 news bureaus around the world. I am mark crumpton. Emily this is bloomberg west preview coming up we hear from california governor jerry brown. We talk elections, the economy, and Silicon Valley. Plus our mutual fund
Frustrated when they see numbers like that. I just have a couple quick questions. For mr. Lee, i read a news report where a couple sad when they signed up for a play on it antheend cover california that y got a Voter Registration card sent to them that had the Democratic Party already check are you familiar with that report . Sim. How did it come to something that would be pre checked at the Democratic Party is that something you have control over where is the office sending this separately from cover california . Every Voter Registration form has been designated a national Voter Registration agency so its a requirement under law that we send these out in california. Every form is provided a secretary of states office. This report is something weve reported to the secretarys office as being investigated. I read another report on that cover california whether they are advertising to people in the country unlawfully and obviously i dont think tha that they are allowed to get obamacare su
The divide. After that, you comments on washington journal. Tomorrow, the lights in support of Afghan People looks at this past weekends elections and what happens next. Live coverage begins at 2 00 eastern on cspan3. We are really active. We are involved. News is where you really make you money in the local market. That news operation cost us almost 800,000. It is not cheap. This is often the faint of heart. Because this is what people wanted and needed to get them back to her station, back to ww m. D. , billy huggins, who is my general manager, we put that back in place without sinclair. I, alone could not afford these figures. Theres an ice storm in South Carolina about a month ago. I still stored our generator. We were off the air from a 16 hours. To get a generator was 400,000. These are the kind of expenses that you cannot calculate. I dont care what kind of wealth i may have been blessed with, withs no way with my two three television stations can survive this without these join
Nyse. Hi, simon. Hey, sue. Its the economy. We start with the data, the final present on First Quarter gdp is in and its not good, the u. S. Economy shrinking at an allual rate of 2. 9 between january and march. Thats the worst for five years. Durable good numbers dropping like a refrigerator, down 1 in may. Most of that drop in fairness is being blamed on lower demand for military equipment. Cnbc. Coms jeff cox is here. We call him sometimes our black swan. He sees danger ahead. Jeff, youre saying basically people should forget the vix, which is obviously very low. Theres a more sophisticated way of seeing the market. This predicts event that goes beyond what we talk about in the vix. It makes sense to buy protection against unusual things. What might those things be . I think there are three concerns that could go beyond the norm. I think gdp is number one. We saw that number, most economists think that was an outlier. Its not going to be repeated. I had an interesting quote from eth
We represent publicly traded and Small Companies as well, a good Cross Section of the industry. A lot of the legacy companies, odds are that it they are the name on a building in oklahoma or texas, it is a Company Founded by the grandfather of eightmember. Host how would you characterize oral production in the u. S. Today . Guest given where we were a few years ago and the dark days, we have stepped back in a resilient way. We are encouraged right now. We have 250 more rigs than we did last year at this time. We are almost at full capacity. There is a rig in the u. S. , odds are it is in the air right now. Production is starting to, we are facing interesting challenges. We are feeling the impacts of inflation, but we are in a better situation than we were in april of 2020. Host was that strictly because of covid . Guest precovid, the saudis and russians declared war on the u. S. Shale industry and ramped up production significantly to drive the price of global real down. Shale producer