with regard to mr. watts' report, i believe that i mentioned in the authority before that whatever it is that they're building in the central valley will never be a high speed line between l.a. and san francisco. and this was my concern -- but, actually, the chairman of the authority -- the average -- after spending $20 billion, the average speed would be 126 miles per hour. my recommendation is actually quite different from what they are proposing. it is that they follow the example of the rest of the world and start by electrofying -- first of all, double tracking central valley and then electrofying it. because that will take care of not only high speed rail, but also the greenhouse gas esessions by sfmta and the union specifically. and moving to us, i'm also recommending that l.a. do the same thing, which is to electrify between burbank and anaheim. it is exactly what we're doing right here up here in the north. thank you. >> clerk: thank you, caller. >> chairman: thank you. >> clerk: there are no more ca

with regard to mr. watts' report, i believe that i mentioned in the authority before that whatever it is that they're building in the central valley will never be a high speed line between l.a. and san francisco. and this was my concern -- but, actually, the chairman of the authority -- the average -- after spending $20 billion, the average speed would be 126 miles per hour. my recommendation is actually quite different from what they are proposing. it is that they follow the example of the rest of the world and start by electrofying -- first of all, double tracking central valley and then electrofying it. because that will take care of not only high speed rail, but also the greenhouse gas esessions by sfmta and the union specifically. and moving to us, i'm also recommending that l.a. do the same thing, which is to electrify between burbank and anaheim. it is exactly what we're doing right here up here in the north. thank you. >> clerk: thank you, caller. >> chairman: thank you. >> clerk: there are no more ca

with regard to mr. watts' report, i believe that i mentioned in the authority before that whatever it is that they're building in the central valley will never be a high speed line between l.a. and san francisco. and this was my concern -- but, actually, the chairman of the authority -- the average -- after spending $20 billion, the average speed would be 126 miles per hour. my recommendation is actually quite different from what they are proposing. it is that they follow the example of the rest of the world and start by electrofying -- first of all, double tracking central valley and then electrofying it. because that will take care of not only high speed rail, but also the greenhouse gas esessions by sfmta and the union specifically. and moving to us, i'm also recommending that l.a. do the same thing, which is to electrify between burbank and anaheim. it is exactly what we're doing right here up here in the north. thank you. >> clerk: thank you, caller. >> chairman: thank you. >> clerk: there are no more ca

what was it like to see the stones in mr. watts prime? liz: it was 1981 jfk stadium and i was 17.epic. we managed to work our way up to the top rose. that was their heyday. tom: that is the important news you need this morning. on the market it is a five-day pullback. why will this market not go down? why is the bid always there? liz: it depends on what you mean by the market. all you have to do is peel back the market onion layer to see we have a rotational correction where segments of the broad averages have had bigger pullbacks. you have a decent percent of the s&p that has had a more significant drawdown than a 10% correction. look at where the speculative froth has been most significant in pockets outside the traditional averages, whether it is spac or ipo or meme stocks or heavily shorted, the list goes on. you have had drawdowns of 30, 40 , 50, 70 or 80% in the case of some of the meme stocks. we have seen significant weakness masked by a benchmark index like the s&p continuing to do well because of the offset of one area doing well. jonathan: let's build on that if you can

watts flashing on video screens. the hamster is doing well. >> entertainment purposes only i'm not sure the hamster would -- i'm not sure how much he or she reads drn. >> it's a he mr. gox. >> he. tough to see the stones without charlie watts. >> it is sad. >> make it rain. i don't know where to go with any of these stories thank you, we appreciate it. i'll probably be replaced by a hamster soon also. thank you. >> you got it. >>> as we head to break. still time to sign up for our delivering alpha virtual conference to register go to delivering alpha.com. there's your lineup. great guest lineup as well i have a panel 4:00 eastern time, tune in for that the dow futures are up 177 we are back right after this >>> markets looking to make you money once again despite a crazy week last week futures they are higher right now even as bond yields move up. your keys to the week ahead. it is crunch time in the capitol as the clock ticks for the democrats to get the president's billion dollar spending bill over the finish line and make sure the government stays funded and open heidi heitkamp is here to lay out the strategy we kick off week two of our special series "go big or

mr. woodson and was invited to a faith-based summit by young man that i had met in detroit and j.c. watts was from a community are similar to lance county -- lowndes county. and at the summit mr. woodson spoke and something he said spoke to me. i had seen them on television and he was speaking on behalf of the bush campaign. i saw him leave and i followed him and i started talking to him and i asked him would he come and help me. i had met him before and when i was a teacher took my students and we got into huge exchange because i cannot could not accept the fact that he was a conservative at the time. so to be able to accept him for who he was, and he met me where i was. i found out that he was very good at working in neighborhoods and helping formerly and currently incarcerated young people. a lot of people don't know about it and how significant he is to a lot of these communities in terms of helping young men to be able to overcome that. i was pleasantly surprised when i found that out. he's the the raw sewage here and immediately sprung into action to help us and applaud his friends

mr. woodson after bush was elected president and i was invited to a faith-based funding because a young man named elroy sale or that i've met in detroit, and elroy was working for j.c. watts at the time. j.c. was from a community very similar to lowndes county if you follow oklahoma. i was invited to faith-based summit and i went. at the summit mr. woodson spoke and something he said spoke to me, and i and i have seenn television with her trying to decide who the president wants and to speak on behalf of the bush campaign. i i went, i saw him leave the stage and appalled him and asked, , i started talking and asked him we come to lowndes county to help request i told him what i try to do. i had met him before. i've made at a 21st century leadership gap is still in college when i was a schoolteacher to my student to and we got into a heated exchange because i could not accept the fact that he is a conservative. i was able to accept him for who he was but he agreed to help us. and then i found out that he was very good at working in neighborhoods and helping formerly and currently incarcerated young people. a lot of the work bob woodson does a lot of people don't know about

mr. trump and his allies about the 2020 election have only fuelled such fears. the ongoing fight against extremism and protect our democracy is where we start. clint wattsished research fellow at the foreign policy research institute and an msnbc national security analyst. joining us, former congresswoman donnae wards, "washington post" contributing columnist and msnbc contributor. new york course is here, reporting about the big lie in the california recall we quoted from at the top of the show, nick, i want to start with you. it dawns on me should governor newsom prevail and all of the polls should he will, you could have the president of the united states and the governor of the largest state viewed as illegitimate by, you know, nearly 40% of their constituents. >> yeah, and i think we're already seeing that. i know former president trump today released a statement calling the california election rigged and a few days ago he said the same thing. i predict it will be a rigged election. it just kind of follows what we've seen on social media and in conservative news sites for the past few months ever since the california recall election became a realit