when you look at with happening 2005, inus cycles, april of 2005 we were around these levels.t took us until december to get it took us until december to get down to zero. then two years to go to recession. we are long way from the vishwanath: the really don't a with the competition is going to be of the fomc. i agree with you on this. that that mayn not be what might be in the future point. that is a pathetic want to have. lisa: there is some speculation one of the first orders of business will be looking at the inflation target. seeing 2% is actually the right place to be our little higher? that introduce term premium to the curve. a lot of people are positioned and flat nurse because they affect the cycle that produces flatteners.-- vishwanath: in terms of premiums, the significant difference at the long end of the curve in the short end of the curve, negative term premiums the flat of the curve. it is fervently rational and makes sense to exploit that by continuing to flatten absent a big change in the direction of the fed. jonathan: vishwanath tirupattur, lisa hornby, and

inu can feel it. take that resource, do something that makes sense, lower your costs. heey get it.porter: the argument being heard at conferences like this ti that, well, it would be nice to have the support of the administration in washington in fighting climate change. that support is not essential. in the end, economics, not politics, will prevail, and the newer forms of electricity generation, wind and solar, are in the long term not only cleaner, they're cheaper. mark phillips, cbs news, lisbon. >> mason: and still ahead on the "cbs evening news," new charges in the penn state fraternity hazing death. and hundreds are killed in their homes by a powerful earthquake. so he got home safe. yeah, my dad says our insurance doesn't have that. what?! you can leave worry behind when liberty stands with you™. liberty mutual insurance. but he hasoke up wwork to do.in. so he took aleve. if he'd taken tylenol, he'd be stopping for more pills right now. only aleve has the strength to stop tough pain for up to 12 hours with just one pill. aleve. all day strong. alright, i brought in high pro

on the frontier, if you wanted inu read lawr, his office for a while. then he would take you to a bar with other judges and if you -- laugh,awyers and have a member ofre a the bar. that's why so many were in cobden. that's why shannon made a difference. he had a leak -- so many were incompetent. that's why shannon made a difference. he had a legal education. his difference was considerable and immediate. he brought integrity, competence and good sense to the legal system. jobot juries to take their seriously, take their oath seriously, and when he spoke in people would come .o listen to them speak trials in those days were entertainment for the community. there was limited leisure time activity. the would come to hear lawyer and watch the trial. women would sit on one side, men on the other, but they were always focused and very attentive. once in a while, if something happened that would get their attention, they would burst into applause and the judge would have to gavel them back to silence, but shannon was the who really understood the law and how t

inues. good morning, thank you for joining us. friday morning, november 3rd. cook. >> and i'm dave clark. steve is over here. he knows about your forecast. grab an umbrella. >> yeah, there's a little bit, there will be more later on. we have two systems. the first one produced some light rain. [inaudible] so there's been a little bit there, but as sal will tell you, there's not a lot. light friday rain will pick up tonight as a system from the north continues to move down. oakland airport, just shy of an inch of rain. so not a lot, but there's enough there and more of it's toward the south. the northern edge of that has produced some very light rain. the system we're keeping an eye on is the one coming down from the north. some bands have moved through. i've seen a .01, a little, more show than go.

edwards inus is anna westminster.s fun to look at the newspapers, seeing the headlines from today's budget. what things do you think they will pick up on? anna: some of the big headlines around the housing market, so we got no sense of duty on the pledge for all housing, and this is based on transactions in the housing market, essentially. homes,the 300,000 pound for the first time buyers, so they are trying to address intergenerational and fairness within the u.k. economy. they will send 44 billion pounds to this in the next five years. that is the big policy and announcer. that is where a lot of the big money is being spent. one of the other headlines is as expected, the u.k. now predicting worse growth and more borrowing that it had previously. the office of the budget responsibility is now not expecting the u.k. economy to grow at anything above 2% in the next four years. so we are not expecting growth above 2%. this comes down to productivity. that is what they have suggested and we have heard from the cabinet mi

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he said, i don't blame china for a bad trade deal, he blamed policymaker inu u.s. who have allowed that kind of relationship to evolve. i think the honesty of that kind of dialogue, and strength of the american economy puts us in a position to move forward what president envisions, by literal win-win trade relationships that are good for both countries. >> turn to your sales pitch to tax bill tax reform, and note that we did a national poll in september, 16% of people that we surveyed favors cutting corporate taxes and 37% said businesses are paying less than their fair share of taxes, you have a way to go yet to make the sale, can you do that? >> well, it is -- i think we can. i have to tell you, z as i travel in the country, people know the time has come to cut taxes and reform our tax code, i participated by telephone today in a round table in trenton, new jersey, i traveled in country meeting with businesses, large, and small, people get it, they understand. i tried to articulate today, as you well, our barrier our tax corrode has been to growth and jobs. -- ou

guest: it certainly is welcome, underwom inuing is whelming. counties, you our need money, you need money on the ground to help, you need law enforcement and you need money for the first esponders, addressing a lot of issues and mostly you need the money for treatment. this is not alcohol addiction, drugs are very potent, a in rehab 60-day stay is not enough, you need probably three, four, maybe five months get yourself off this stuff and get yourself well. think sometimes a lot of people just don't understand the level of devastation in some of the communities. the, you are talking money nationwide, how much would you like to see going crisis?his guest: we sent a letter to the president a few months back to the programs of and the comprehensive addiction and recovery thakt we passed a ago that was bipartisan bill, we had democrats and republicans working on it. about $10 billion, just to fully fund those programs, epidemic.national in the midst of the conversation we're having now, tax cuts and looks like, et moving in the wrong direction. hos

hall inu go to pilgrim plymouth, massachusetts, you can see artifacts that were held by the pilgrims. one of the artifacts that blew me away was william bradford's bible. it's on display there, it is a geneva translation of the bible, which he dated the king james version -- which predated the king james version. more people believe this was a more authentic translation than ones that followed. william bradford late in life taught himself hebrew, he would read the first books of the bible of the old testament in the original language, a language that god gave. >> i'm glad we've turned to religion, there are many themes in the book, that religion seems to me the strongest theme. the holiday is fused with religious meaning. did that derive from europe? did it come from a particular place? >> as i've learned, the idea of celebrating thanksgiving was a judeo-christian tradition. then, some people thought holiday may have come from the jewish holiday of suck off, i hope on pronouncing that correctly. don't really know, but certainly protestant denominations and catholics celebrated, villag

inues. austin,ining us from texas, is president of the foundation for research on equal alsotunity, avik roy, contributor to "forbes" magazine, and former policy adviser to three presidential candidates. are here to talk about the affordable care act. thank you for joining us. if the senate republicans want to include in the tax reform bill repeal of the individual mandate. what do you think about that idea? guest: i think it makes a lot of sense. one thing you have to remember about the individual mandate is it has played an outside role in the fiscal debates about both replacing obamacare and tax of courts and the way washington works. the congressional budget office believes that if you repeal the millional mandate, $16 were 13llion people million is the latest estimate, they would drop out of the insurance market because they would not be forced to pay a fine if they do not sign appeared because cbo believes this, all these massive fiscal savings that come from including the individual m

calls, inue to take your getting your reaction about the the texas church. go ahead.aller: yes, good morning. you know, i tried to get on earlier when you had that mentioning nick's data base and how he worked with colleagues to increase funding to the states so they could get data nformation into the base. watching senate hearings on gun control after andy hook and when they were interviewing some psychiatrists and i remember one of them said he had to turn the information in his patients government, hehe would stop putting information files.is patients' nd i know a lot of psychiatrists, they're evidently hobl hobbled by the hippa laws, i think we can all agree that only thate people do, you know, sort of thing, you have to be nuts to do anything like that. and if the psychiatrists don't want to cooperate and i think have is they ey can't tell a homicidal maniac a harmless village odd out with thed that young kid that shot reagan. psychiatrist told arah brady, or the shooter's parents that the psychiatrist he assured them this was harmless, just a crush on something

speaker, while republicans to inue to devries and plan plan their tax reform, that will handsomerich, the 1% a tax cut, while punishing the middle class and working class sectors in america. there is only one unit of public housing that is worth over $390 million, mr. speaker, and that's the white house. the white house does not have mold. the white house does not have crumbling pipes. the white house doesn't have severe water damage or asbestos because the white house is not plagued. president trump does not pay rent and he is not in danger of being priced out of his neighborhood. but republicans are proposing to strip cities of their ability to create and maintain affordable using for those who most desperately need it. the ryan-mcconnell tax bill is being sold as a lie as a promise and americans will see more dollars? it is a scam, it is a shell game and will make richer the rich and leave everybody else behind. the proposed tax plan eliminates low-income housing tax credits, which is responsible for many developments. the need is ever growing and the low-income housing tax credit