john quincy adams won on the first ballot. now, there are enormously complicated reasons why this happened and we won't talk about them today but we need only be aware that adams was elected on the first ballot to everyone's surprise, mostly to the jacksonites. jackson favorite was magnanimous which strikes us at first as an act. then the very night after the vote jackson and adams came face-to-face. again, from the book. the monroes held their weekly reception and while everyone seemed drained by the experience, they were also grateful that despite the angry talk, broad recriminations and a grinding apprehension, the election in the end had been decided with a calm dignity. the president's gathering was not festive but it was uneventful, which was pleasant for people weary of events. a kindred spirit pervaded the whole scene, "the national intelligencer" reported. the friends of the different candidates mingled together and conversed with a good humor and frankness contrasted with the virulence and malignity which in parts of

not much of a transition in between but the story goes that president john quincy adams received a pet alligator from the marquis de lafayette when he did his grand tour of the united states in 1824, 1825. when he visited the white house the first time in 1824, james monroe was president and he visited again for a birthday celebration in september for himself, september 1825, john quincy adams threw a birthday ball and reception for him at the white house and there's this story that he presented john quincy adams with an alligator and that john quincy adams, not really knowing what to do with that, essentially just put the alligator in the east room and that was just where -- i guess that's where alligators are stored because at that point in time tomorrow the east room wasn't finished yet. it was sort of a storage space so it's like, ok, i guess that part sort of holds up. but if you know anything about john quincy adams, he was meticulous with his note taking and his diaries and he was the kind of guy that when he went for a walk in the city, he would identify plants and trees and fl

joe: quincy, next week will that be the big thing we are watching for? whether there is a deal of substance the between policy, mcconnell, and trump? absolutely. we will be watching the chatter, the washington chatter. we also have that all over europe. needed toat is cushion the downturn. now it has changed dramatically because the word recession has sneaked into everyone's narrative. when we come out of the recession, i remind you, we come into this with what chairman "a good place to go the economy is in a good place. last iflong will that to getot have a cushion the u.s. through this? that's what we're watching. the small business owners across the landscape. , cruise liness and airlines are not waiting. matter, george, that we came in and a fairly good place in the economy? does it matter if it came in fairly strong? you would much rather start a recession at a place of exogenous strength then a shock. so, the recession in 2008 was quite a shock. this is something different. but we can't really do much about economic growth and social distancing. wh

quincy adams not really knowing what to do with that essentially just put the alligator in the east room. that was just where -- i guess that's where alligators are stored. because at that point in time remember the east room wasn't finished yet. it was sort of a storage space. okay. i guess that part sort of holds up. but if you know anything about john quincy adams, he was meticulous with his note taking and his diaries and he was the kind of guy that when he went for a walk in the city, he would identify plants and trees and flowers and then try to remember their latin names. and he would record them. it was a way that he was teaching himself the latin names of plants and trees. so, i find it hard to believe that john quincy adams wouldn't have mentioned in his diaries he would have received an alligator. seems like a pretty stand-out event, right? but let's keep digging. agusthis secretary and later published an account of the travels and what they saw and what they did, he mentions seeing alligators during their voyage to savannah in march, 1825. so then you're like, okay, so t

what can investors do as the calendar turns to april and beyo beyond let's bring in quincy krosby and jim mcdonell let me ask both of you to start with the same question quincy, what would hearten you the most what would you like most to see to give you the guidance you need to feel a degree of confidence about which way the market is going to head? >> i to see the vix continue to come down. it's in the low 50s. at these levels with volatility is concerned, they tend to be correlated as we see the vix coming down, you'll start the see the equity market pull back particularly as we breakthrough into 40 and obviously down to 30 i've seen the credit default swaps, losing sochl that cost as investment grade spread throughout watching high yields it was very very taking of restaurants take of food watching deal for kfc. they raised 600 million. they expected 500 million. it was over subscribed and even the yields was better than expected i want to see more of this and the market going in and being over subscribe i think it lends confidence to the notion at some point we get through this it

john adams goes back to quincy, massachusetts and george washington is in mount vernon, war henry who everyone agrees is not qualified for job, the person serving as the man in the middle between passing messages along between mount vernon and quincy and information did not travel fast back then. it could take 3 weeks for a letter to be relayed to philadelphia to mount vernon and back to mount vernon back to philadelphia to quincy. so it was plagued with miscommunications and the most important miscommunication of all was that he did not want alexander hamilton as second in command and keeps trying to find ways to get out of it. i guess some explanation is necessary. why didn't he want alexander as second in command, it didn't hurt that he knew that alexander hamilton had conspired against his election in 1796. hamilton had other issues of who should be president. both he and he is wife believed that alexander hamilton resembles a cesar and the adams can't really afford a fallen out with george washington and george washington makes clear that he will resign if he doesn't get his way,

their mantras i'm not in a little bit about 911 i'm not licensed in quincy a little league game i don't think the little. dance is going to be as what i'm most of the reactor where they are at the moment and getting one of them may not. be the way in just the way and are even aware of what my wares are deliberately whereas i'm not me well you know in a way i gotta be 100 to one today lisa i don't whether. 11 was silent got me not all of it on my last going to the little man of frost he don't think that played the same thing now and now your. 'd little one i love it all all that's only one body. that i want to sign something sound and. it to me this or. the movie. season. do you want to be our lawyers or one with. bob bob little younger than me. i thought in one of the buses of the day well that's a little bit too much i guess it will never come up but on that of the time which i'm. looking blissfully i see they don't want to oh no i mustn't look at look now. what a little momentum out. there went on. that down there is where the oil on the table is a know how many unlovely it is in fron

fabiola: asÍ es, estamos en el hospital de quincy, detrÁs mÍo y personas que estÁn esperando hacÉrselael automÓvil. los neoyorquinos casi no utilizan automÓvil, por eso estÁn aquÍ, parados, esperando, ya les dijeron que ya no recibir a nadie mÁs, ya han recibido un gran nÚmero de personas, hemos hablado con algunas de esas personas que ya se hicieron la prueba, dicen que les darÁn los resultados por menos dentro de tres dÍas. definitivamente esto es el epicentro del epicentro, porque en queen, en este condado se encuentra la mayor cantidad de casos en todo el estado de nueva york. vamos a las cifras, el gobernador ya dijo la Última cifra conocida es de 40 y 4000 contagios en ese estado, de esos tenemos a 1400 hospitalizados, ese sonido tan constante que existe aquÍ, cerca de este hospital, 6400 hospitalizados, de ellos, mÁs de 1500 en cuidados intensivos. como decÍa jorge, ya los doctores, enfermeras, denuncian falta de equipo, de utensilios, de mascarillas, de trajes protectores, ya lo han denunciado. definitivamente, dicen que la ayuda todavÍa es necesario. jorge: tÚ conoces muy bien

john adams goes back to quincy, massachusetts, during his presidency, and george washington is in mount vernon. the secretary of war james mchenry who everyone seems to agree is not qualified for the job, is a person who is serving as the man in the middle between passing messages along between mount vernon and quincy. and information did a travel very quickly back then. it could take three weeks for a letter to be relayed through philadelphia to mount vernon and back from mount vernon to philadelphia to quincy. so the result, it was plagued with miscommunications. the most important miscommunication of allun was tt john adams really did not want alexander hamilton as second in command. he keeps trying to find ways to get out of it. i guess some explanation is necessary for why didn't he want alexander second-in-command? or did he know alexander hamilton had actually conspired against his election hamilton had other ideas about who should be president, but he and his wife both believe that alexander hamilton actually more resembles a caesar than a cincinnatus, anr a private -- private p

we will have a lecture next tuesday night on john quincy adams. so, i hope you will be here for that. are we ready for questions? all right. questions. if you will raise your hand in stand and ask your question as the singly as possible, we will take as many as we can, ok? how many actual duels stopped or decided toit negotiate their? , were you question is required to shoot somebody, or to shoot them and kill them? ok, the first question is how many went to the dueling ground and negotiated their way out? occasionally that happened. sometimes you would exchange fire once and then the second's would talk to each other and say, is on her satisfied? , they answer was yes would shake hands and go away. occasionally they managed to talk something out on the field. it's not that common. if the point of a duel is to prove you are willing to die for if your opponent shoots his gun in the air, he is depriving you of that. people are not trying to kill each other, but they are generally shooting in each other's direction. it's not the lowest -- it's not th

falsetto it was the voice, but when you do it in quincy, illinois on the block of washington square -- do you remember that? we saw no grass from the plymouth. somebody said, how did that work in your day? tohout microphone, we spoke 2500 people on the square. even the policeman on the other block could hear it. >> because the voice rose above the crowd. >> and it carries. >> what other physical characteristics do you share with lincoln? pounds. 175 this beard does not do him justice today, but with a little --k as we saw in the clip, and i think when the hat comes on at the end and you are ready to go out the door, he is there. experiencer had the that suddenly lincoln is among us because it is an academic assignment. what we need to do. i am constantly aware of that. when we are ready and the beard is right and the other set of glasses is right, we see what it looks like. >> how long does it take you to become lincoln? >> an hour. i have tried to shave the time down. i just cannot do it. there is a methodology. it is step-by-step. it has to be the same every time. >> what is the mos

a pledge is being made and that is bringing quincy krosby. $1.4 trillion in assets under management. make sense of these markets. halt athad a trading more than 7%. >> the market has been going from one technical level to another. once you come to a technical level and you reach that it is like opening a trapdoor. that said, it feels as if the market is moving toward its exhaustion level and we will get there. but there are some ingredients i think are going to show us when we should start looking to come back into the market. starting with the credit markets, tried to get those spreads in and watching the credit default. telling us industrial needs -- there were me of the financials back in 2008-2009. >> during recessions we normally see an average fall on the s&p 500 of around 30%. we are already there. what is next for markets and how do you trade if you see a recession coming which is what most economists seem to be agreeing on right now? >> exactly and there are recessions and then there are recessions. whether we have a shallow one and the consumer comes back to that is the poi

so jackson is part of that same quincy n, not john adams. saw a, like a campaign broadside when jackson and on-quincy adams were running for st each other president. it says something like vote for the man who can fight, not for man who can write. [laughter] of o that shows you sort jackson persona, so it mattered, that sort of thing mattered is your ort answer to question. >> thank you so much for your presentation. that there were differences between the american and european, ng but you didn't get into too much differences. when i was a young man long ago, sort of europe and i fraternity with the that was part of their tradition had to do with dueling and the scar on the face and the operation of the second man to on.ect them and so could you or did you get into that and could you give us a feedback on that? >> sure. i didn't write about it, but in of looking at america, i was looking at dueling and honor culture in places to be able to compare. you're absolutely right, what i about in my talk is different the u.s. versus urope, americans

and john adams and john quincy adams was the only other time that had happened. the other bucket of interesting is if you put the 1876 election to the side, which was contested and complicated for other reasons related to the tail end of reconstruction, there are four times when there has been a difference between the popular vote and the electoral college vote and the electoral college vote just carries the day. 1824, john quincy adams and andrew jackson. with grover cleveland moving to benjamin harrison. it will be a common thread in all of these. 2000 with al gore losing to george bush. and now 2016 with trump beating hillary. he for 2016, all three of those involved had weirdly .egacy presidents john quincy adams wins in a contested one. benjamin harrison, the grandson of william henry harrison of hampden sydney. and then george w beating gore. that is just a fascinating thing. probably, in some way that would be hard to completely fish together, underscores the fact that a legacy candidate has a really strong network to draw on .hat can help win an election

john quincy adams wins in a contested one. benjamin harrison, the grandson of william henry harrison of hampden sydney. and then george w beating gore. that is just a fascinating thing. probably, in some way that would be hard to completely fish together, underscores the fact that a legacy candidate has a really strong network to draw on that can help win an election. it then, we get to 2016 and breaks the pattern. it is fascinating that a legacy candidate is still involved, even if on the losing side of the election. >> your comment about the predictions of that election, i think we should think about those predictions that go along -- that gore would easily win were based on running statistics about the state of the economy and that election compared to other elections. when they ran the models, gore should win. well, he did win the popular vote, right? but he did not win by millions, he only won the popular vote by 500,000, then you had florida. we talked about the 2000 election in an earlier class. we will not cover much o

quincy mason, who is present today in the house gallery, as i said, had the idea to historical marker to commemorate the school's history for generations to come. year on july 3 it will become a reality when the marker its alumni by association. louisiana, isbal, proud of quincy mason who went professional baseball and the chicago cubs inducted to the hall of fame in 2015. me in commemorating the school's rich history. mr. speaker, i rise today to ronnie anderson for his 51 years of service to ranchers.farmers and after graduating from l.s.u. in animal h a degree in science, ronnie returned home to work on his family's farm. became involved in the louisiana farm bureau ederation and was elected resident of his parish shortly thereafter. in 1989, he was elected to the farm bureau and elected 31 times since. personally forie many, many years as a farmer myself. he been clear to me that loves louisiana agriculture. when i was elected to congress, counsel toely on his advocate for our farmers and ranchers. louisiana tenure, the farm bureau has grown from 7,000 members to more than 148,000

. >> and i love quincy jones, and quincy jones, i saw an interview of him and he said, you take the three take the worst thing about this shooting, which are snakes, and incorporate it, and we have nacho now. >> seth: yeah, he's a big snake fan. >> yeah. >> seth: you can see i don't know if we can get him, but you're always wearing a snake earring. you're very snake based. >> yes jennifer bryan, the costume designer, and i thought it would be a good idea to embrace it [ laughter ] >> seth: there you go, embrace the snake. >> yeah. [ laughter ] >> seth: one of the things, it's hard for me to talk to you about because you only saw the last episode of "breaking bad" -- your character - >> no, i saw the whole thing >> seth: you did see the whole thing. >> yeah, for research and i loved it i loved it >> seth: and i guess you would have known this, but obviously you're character is not in "breaking bad" and a lot of people die in this show. >> so, they say. yes. >> seth: do you know yet, have they told you your fate? >> they haven't told me yet, but i have to be honest, i think about it like th

and quincy crosby is chief market strategist. fred, i'm going to come straight to you because we were just talking about what the fed might do do you think they would never go negative >> it's very unlikely. the problem is not that they wouldn't like interest rate to be lower but don't feel going negative is actually beneficial and i think that steve liesman putt it exactly right. the reason that the ecb didn't lower rates further is because it's not clear that's beneficial at all so the issue with this tells us that monetary policy is limited in the ability to deal with this kind of shock. >> how would you describe this kind of shock relative to the '08-'09 one that you were there? there was a great line by the economist today saying that is solvency not liquidity this is intertwined if it goes far enough how difficult could the response be to address business operation issues versus the liquidity issues at a climax in '08, '09. >> the fed can make sure that the financial system functions well and that's really what its objectiv

two quincy and it is plagued with miscommunication the most important as a ball this communication is the john adams really did not want alexander hamilton the second in command and keep trying to find ways to get out of it. and some exclamation is necessary. why did he want alexander hamilton the second command. he knew that he had actually had been fired against his election in 1796. hamilton has some other ideas but he and his wife both believed that alexander hamilton actually more reasonable caesar than the guy they privately have this fear and publicly of course, you can afford a fallen out george washington. and george washington makes clear that he will resign if he does not get his way. and ultimately john adams does have to give way and george washington gets in. so so much of the former president not meddling with her successors. gen. petraeus: adams was so touchy as you will recall that later on he cuts off all communications with thomas jefferson. and he refuses to communicate directly with him and would only do so through abigail and i think this lasted up until just bef

so jackson was part of that scene, and same tradition but not john quincy adams. i saw a campaign, when they were going against each other for president, and is it something like vote for the man who can fight, not for the man who can write. so that shows you jackson's persona. so it matters. so it matters as a short answer to your question. >> thank you so much for your presentation, you did mention that there were differences between the american nature of dueling, and european, but you can get into too much of the differences. but when i was a young man, long ago, i was in europe and i sort of had a brush with a fraternity, that was part of their tradition, had to do with doing. and this car in the face, and operation of the second man to protect them. could you or did you get into that excuse me and could you just give us a little feedback on that. >> sure, i did not write about it but in the process of looking at america, i was looking at doing an culture in other places, to be able to compare, you are absolutely right, when i talk about in my top is differen

not johnson quincy adams. i saw like a campaign broad side when jackson -- johnson running against each other for president. it said something like vote for the man who can fight, not for the man who can write. so, that shows you sort of jackson's persona. so that sort of thing matters, is the short answer to your question. >> thank you so much for your presentation. you did mention that there were differences between the american nature of dueling and european, but you didn't get into too much of the differences. we know as a young man long ago, i was in europe, and i sort of had a brush with a fraternity that was part of their tradition was -- had to do with dueling and a scar on the face and operation of the second man, so on. could you or did you get into that? excuse me. could you give us a little feedback on that? >> sure. i didn't write about it, but in the process of looking at america, i was looking at dueling in cultures in other places to be able to compare. you are absolutely right. when i talk abo

other things that they got the government can do which is the what does happen for the moment john quincy from 45 writes thanks for joining us from bangkok thank you for your time thank you so much. this concert the 2 which up the tools the pandemic in africa's most populous nation nigeria's imposed restrictions and its administrative and commercial capitals following a sharp rise in cases and its 1st fatality but streets is still packed with people and reports now from a. but is still able to social and his wife a forced worker tool this city lagos accounts for nearly 66 percent of all confirmed cases of the cohort of fighters in nigeria he doesn't think he's getting good right to information about the pandemic. i will run up take my destiny in my hand on. a standoff that with full government who does not even have information on to me for 2 days i'll just said i was unable to get comments from nigerian government officials in both lagos and the capital abuja government offices have been largely deserted but not the streets and markets more than half the nigerian population lives on less

against having these these per these permanent antipathies or attachments to foreign countries or john quincy adams saying don't go abroad searching for monsters roy we want to stay out of the politics of europe suddenly now we're we're supposed to remake the entire globe but our old image where is this coming from it's not from a traditional notion of american identity it's something we've really seen only in the last few decades or you know where everybody talks about neo conservatives paul wolfowitz was a bench and i think of bob kagan and bill kristol in their piece toward neo reaganite foreign policy in 1906 where they also talk about this this program for global domination i think this is deeply un-american. madeleine albright and we see farther because we stand taller which is ridiculous ok brian i guess what but yeah it's me and most of our viewers is that we have a track record which is go from the end of the cold war ok that's a good benchmark where does it work out i just don't see it it's one catastrophic failure after another but they keep pushing this ideology i mean there's no

agrees is not qualified for the job is serving as the man in the middle between mount vernon and quincy and information does not travel quickly back then it could take three weeks for a letter to be relayed from mount vernon and back to philadelphia. so the most important communication was that john adams really did not alexander hamilton a second in command and really tries to find wise to get out of it so why did he want hamilton? because he knew he fired against his election he had other ideas who should be president. but he and his wife both believe alexander hamilton resembled a caesar and they had a fear but publicly adams cannot afford a falling out with washington and fears he will resign if he doesn't get his way. so ultimately john adams does have to give way in washington gets his man. so much for the former presidents not meddling. >> as the aside, adams was so touchy as you will recall that later on he cuts off all communication with thomas jefferson and refuses to communicate directly with him and would only go through abigail. this lasted right up until just before the de

an unam ar tiesed cost as rent credit net of what is used up front to pay for the rent t da lynn quincy outstanding. it can be for most of the rent payment per month which would leave a payment of $5,735 per month. the term would expire when the rent credits are exhausted and depending on when we actually enter this lease that will determine the term based on when i made about the delinquent rent soaking up some of those rent credits before we apply them to the lease. for example, if the lease was entered on may first we calculate the term would be four years and a little under four months. the parties were interested in discussing a potential extension to the facility. i think with the time being an issue and being something we wanted to move fickly to remove the cloud over this and in materials of our prior notice of termination the leafs invites the tenant within a year of signing the release to bring it with backing information on the facility condition and lifting the occupancy limit on the building. we thought that was really important from the port's perspective for this tenant a

let me bring in my guest, an army vet and military historian who is now the president of quincy institutek tank who creates diplomacy instead of war. the cover story for harpers on this subject. peter bergen has been to afghanistan a dozen times. he's cnn's national security analyst and author of new book, terrific new book, trump and his generals, the cost of chaos. let me start with you. in a sense, you do believe this is a defeat for the united states. you wrote to that effect. but you're saying good riddance to a bad war. >> it has been a bad war. i think it's been evident for quite some time that we need to liquidate the war. i'm trained as a historian so my inclination is to look to the past. if we say that the afghanistan war is now coming to a conclusion, it seems to me it's time to reflect on what has occurred. in that regard i think it's clear we've suffered a major defeat. the taliban's purpose, stated purpose, is to rid the country of foreign troops. our purpose has been to defeat the taliban. we haven't. to create effective taliban security forces. we haven't. to create a leg

they have to pay the investors who own those in mortgage-backed bonds services can handle some delen quincy, but not like what we are about to see the soassociation sent a lettero the treasury yesterday sayinging the burden on services could top $100 billion with those services just don't have. >> nobody predicted the demand that this would place on servicers so they need an abl ability to have the liquidity to make it happen and if there's not some kind of ability through ali quidty facility, then the servicers won't be able to meet their obligations to the investors and the whole process will break down. >> so the services could essentially go bankrupt. taking the whole housing finance system down with it. now just a note in the last four, fhfa announced it would allow multifamily borrowers their monthly payments they're going to have a backlog going there. >> why are these services in so much more b trouble now even than they were during the crisis >> well, certainly some services did go out of business during the subprime crisis, but that happened over several years. you had a wave of b

andterms for james monroe one term for john quincy adams. he ran for president in 1832. as the candidate for the anti-masonic party. we haven't heard from them lately. in any event, he failed. and died almost immediately after. is also famous for having written to iraq or -- two mediocre works. i thought they were ok. one was a book called " the anders of the british spy," included sketches of famous richmond others. richmonders. wasother book that he wrote a biography of patrick henry. was wort whoat it had henry said, give me liberty or give me death. a lot of people think that was a quote that wort made up. that is the first appearance of that quote. in any event -- this is another trivial piece. the story that i had always heard as an indian lawyer was the wort represented cherokee nation for free. i mentioned that to one of cheese -- chief hopkins predecessors and he said, we have got his bill. [laughter] that story make -- that may not be true either. history. ok. guy teamed up with the named john sergeant. and filed this case. in the supreme court -- history was -

john quincy adams, who after being president was back in congress, wanted an astrophysical observatory. other congressmen wanted teacher training colleges or agricultural station. decade, they debated and tabled bills and thought over what they should be. there were others still who didn't think it should happen. a number of southern congressman who were extremely wary of having a national institution. who was essentially a contemporary of smithson, and he had spent a lot of his childhood in europe with his father diplomacy and science. he felt himself to understand the sort of aspirations behind smithson's gift and he really fought for it to happen. the eventual bill finally passed in 1846 which i realize was two years after the institution was created. i used to say it was a classic congressional compromise. i just don't know such a thing exists anymore. but, it included a little bit of everything. library, museum, laboratory, lecture hall, a sculpture gallery. it was this construct in a way that gave rise to everything that we have today. this idea that there were these multiplicity

let me bring in an army vet and military historian, who is now the president of the quincy institute, to promote diplomacy instead of war. he wrote the cover story for "harpers" on that subject. peterbergen has been to afghanistan a dozen times and is cnn's national security analyst and the author of a new book "trump and his generals." in a sense, you do believe this is a defeat for the united states. you wrote to that effect. but you're saying good riddance to a bad war. >> it has been a bad war. and i think it's been evident for quite some time that we need to liquidate the war. i'm trained as a historian, so my inclination is to look toward the past. if we say the afghanistan war is now coming to a conclusion, then it seems to me it's time for us to reflect on what in that regard we have suffered a major defeat. the taliban's purpose, stated purpose is to rid the country of foreign troops. our purpose has been to defeat the taliban. we haven't. to create effective afghan security forces. we haven't. create a legitimate government in kabul, we haven't. curb the export of opium, we

ever got, no one ever made a mistake buying it it's not going been a performer of late but james quincyg a good job so there. >> coca-cola >> what about dividend paying stocks what is exxonmobil's dividend? >> david, you're doing oil and gas and in the esg world >> i am, 6.8%. >> well, yes but so what? >> so 6.8 times the ten-year yield. >> there's chevron, has much better coverage. >> right >> and chevron's got better growth, got better balance sheet and yields five. you could buy it but then you're a pa ryia. you have to hope robin hood stays town >> would you buy chipotle on wells going to 1,000 for may 68? did you read this one. >> i love chipotle why recommend a food stock you might get a better chance to buy lower. remember, you have to go and be with other people when you buy they have great takeout, great delivery they make money. >> by the way, what else, nomura ups home depot >> mat tell has a $16 price target i met with management. hasbro has fallen down on the job switching to little theat c theatrics. chipotle talked about how much money they make on delivery to homes so th

it was about 75 years ago this month when president franklin delano roosevelt met aboard the uss quincy in the lake of egypt. and initiated what would become -- eventually become a long relationship between the united states and not only saudi arabia but other countries in the region. and as the story goes, they talked about many things during this their only meeting. they talked about their common responsibilities as heads of state. they talked about their shared view that at the heart of things, they both longed to be farmers. and of course they talked about the fact that their own personal infirmities were both obstacles that they had to overcome in their lives. franklin delano roosevelt, fdr even left one of his wheal chairs for the king which became an object of pride for the saudis. they eventually came to an agreement that centered around u.s. support and military training for saudi arabia. then a fledgling country surrounded by stronger nations in return for oil and other political support in the region. all in all, it was a mixture of personal relationships and national interes

you know, james quincy has that same visibility.arlson from mar yriott saying they're encouraged by the signs in china so we go to the front lines and just follow the facts. you know, so we're talking to our companies and software companies, software has been resilient. even though the gross software index is down 30%, 40%, the fact of the matter is, it's acted incredibly resilient when we talk to our biggest companies inthe software space companies who like snowflake are providing vital infrastructure to enterprises in the cloud, they're seeing amazing resilience in our business this isn't to say there's not going to be a reverberation. if we go into a deep, deep recession or worse, it will flow downhill to everybody. united is going to spend less money this year on software than they were otherwise going to spend. i get that at the same time, we think this is when fundamental analysis, when investors who are not trying to day trade the vix and getting whip sawed by shorting and buying, but doing your work on the front line, slowin

years ago this month when president franklin delano roosevelt met with king abdul -- aboard the uss quincyn the bitter lake of egypt and initiated what would become eventually become a long relationship with the united states and not only saudi arabia but also countries in the region read as the story goes they talked about many things they talked about common responsibilities as heads of state and talked about their shared view that at the heart of things that they long to be farmers and of course they talked about the fact that their own personal infirmities were both obstacles that they had to overcome in their lives. fdr even left one of his wheelchairs for the king which became an object of some pride for the saudis. they eventually came to the agreement that -- supported the military training for saudi arabia and a fledgling country surrounded by stronger nations and in return for oil and other political sport in the region. all in all, it was a mixture of mixture relationships and national interest for better or for worse has endured for over seven decades. i think it's a fair asses

joining us from quincy, michigan, good morning. caller: hello. host: good morning, brent. caller: hello, do you hear me? host: yes. caller: just a response to your republican caller. i fail to see how [indiscernible] obama did this and some of the ousted that, i just don't get that. that is not my question. comment, it has a stigma except when we are sending subsidies to oil companies. it is all fine and good then. airlines, like delta and theyht back stocks reward corporate executives. bellow -- baila out from the taxpayers. money to see how pretty is going to solve this problem. host: thanks for the call. and it is a bailout that could total up to $50 million for the airline industry prayed they have about 750,000 employees. guest: the color makes a good point. we have a debate going on all the time about how far the government should go in helping people. who it should help, what safety nets should look like and what kind of government spending is good and bad. but now, we are in this moment of crisis where both democrats and republicans are saying that there is no choi

two terms for james monroe and one term for john quincy adams. he ran for president in 1832. as the candidate for the short-lived anti-masonic party. partyere any anti-masonic members here? i haven't heard from you lately. [laughter] in any event, he failed. and died almost immediately after. wirt is also famous for having written two mediocre works. according to critics, i have read them and i thought they were ok. one was a book called "the letters of the british spy," and include sketches of famous richmonders. including john marshall and a lot of anecdotal information we have about marshall comes from him. the other book that he wrote was a biography of patrick henry. it enjoyed some celebrity. it appears that it was wirt who had henry say, this is where it appears first, "give me liberty or give me death." a lot of people think that was a quote that wirt made up. that is the first appearance of that quote for patrick henry. in any event -- this is another trivial piece. kind of interesting. the story that i had always heard as an indian lawyer was that wirt represented t