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Points today. Its seventh consecutive decline. S p sank. 6 . Strong dollar and Lower Oil Prices are once again wreaking havoc on the stock market. Just like it did earlier this year. Until we got that nice respite in july, a respite that sadly now seems over. So how the heck did we end up back in this ugly situation . What are we supposed to do about it . Why dont we start with the key culprit . Oil. Oil declined 20 from its recent highs which qualifies as a bear market. Whatever thats worth. Its remarkable how little investors seem to care as oil plunged from 50 down to 40. The whole market m...

Almost everything down like we saw today. Sell, sell, sell. Where the dow shed 100 points. S p 500 sunk 25 and the nasdaq tumbled again. In fact todays session was really a continuation of yesterdays sub optimal action. The primary gauges of growth are flashing red again. First theres oil. Suddenly coming down again. When crude was up, it looked like our stock market could have another rally. Then a big buildup causing the price of crude to plummet. When oil goes down, everything can go down. Weve long since stopped caring whether any consumers benefit from oil. All that mat speakers weaker oi...

Could help the internet of things really flourish. Do you think that would be the main thing then that the fcc can do is to maybe step back to offer more encouragement in many of those areas . Yes, i dont think we should be overly aggressive at this point. I believe we should allow experimentation with the internet of things. And i think thats how well see its possibilities grow. Okay. Thank you very much. Thank you, mr. Chairman. Thank you, senator fisher. Senator daines. Thank you, mr. Chairman. Its good to see you here today, commissioner. And good to see your family here as well. Caroline ...

The months ahead and years ahead. I know that sec fcc chairman will are visited the city yesterday. But before asking where broad question, first tommy about your reflection, what was your take away and what the Auto Industry is doing . Hon. Rosenworcel thank you senator. The future of connected cars is big. Really big. By the end of the decade, i think the statistic is that 97 of the cars shipped to this country are going to be internet connected. Theyre going to be in effect, mobile phones on wheels. M city, which i was released to see just before it opened, and you probably cut the yellow r...

I am in favor of one but i have to say i probably dont need to be as delicate as mr. Cicconi may need to be. I think the fcc has been a little more slow i would say. So i would like to see them move quickly. And id think they would yield useful information but i dont want to see them used over a long time of watching the fcc. Sometimes i know when you see things like this they can be used in ways that he lay the ultimate decision making. That shouldnt be allowed to happen in these projects. You started by mentioning the interconnection of transition and i said this in my testimony with regard ...