Hello, everyone thanks for joining us this morning. Are we rolling . Hopefully. I havent seen them. Good morning everyone. On behalf of the virginia humanities which produces the festival of books, id like to welcome you all to the contemporary portrayals. We have a couple of quick notes to get through pertaining to this event, so first we want to thank the city of charles bell as a sponsor for this conversation and for hosting us. This program is being broadcast on the citys government Access Channel on tv ten and streamed live on the Facebook Page so if anyone is listening or watching at home and wants to see it on facebook is Charlottesville City Hall is the handle. Because this is a recorded event, during the q a portion of the event, please raise your hand and a volunteer will come to you and give you a microphone before you ask your question. So, a couple more logistical issues. Please silence your cell phone at this point in time. However, we encourage you to tweet about the eve
United states in the meantime were getting a lot of vitamin d. Were hanging out in the sun outside we have a new report little image here and let us know if you like that but there is something that was in the news a remarkable screengrab from c. M. B. C. Jim cramers show mad money and it was the epitome of it was basically just one image told the story of a 1000 episodes a kaiser report what weve been talking about this entire time and heres a tweet can tell on f. X. And it shows the image from c m b c in the background from jim cramer you can see the dows best week since 1938 and at the bottom along the cairo on more than 16000000 americans have lost jobs in 3 weeks as weve been saying for a number of years and it does relate to the content of fact and what does that mean that means that every time the government announces a 6 trillion dollar bailout that means a 1000. 00 for the top 101 percent and a dollar for you and thats the cantillon effect the hedge funds and the private equit
To get through pertaining to this event, so first we want to thank the city of charles bell as a sponsor for this conversation and for hosting us. This program is being broadcast on the citys government Access Channel on tv ten and streamed live on the Facebook Page so if anyone is listening or watching at home and wants to see it on facebook is Charlottesville City Hall is the handle. Because this is a recorded event, during the q a portion of the event, please raise your hand and a volunteer will come to you and give you a microphone before you ask your question. So, a couple more logistical issues. Please silence your cell phone at this point in time. However, we encourage you to tweet about the event using the hash tag vabook2018. So by all means, take the lessons youve received from the authors here and share them with people. You should have received program evaluations. Fill these out before you leave, please. They will be useful to help keep the festival free and open to the pu
Have the infrastructure we dont have the institutions like all these small and Medium Sized Enterprises having to borrow via you know the s. B. A. The Small Business administration that used to be set up during the end of the Great Depression to give money to them instantly and directly from the treasury now it has to go through banks but banks no longer lend to small and medium size and prices because everything is about real estate in the commercial real estate and Derivatives Market and free money for them so we have a situation where theres no distribution of the liquidity of all the abundant capital in the system wont remember the soup nazi from seinfeld saying no soup for you right i mean there was soup available but there was no soup for you so now the central bank has plenty of soup theyve got plenty of cash but no cash for you but why for no reason that makes any sense other than the fact that they are in the service of a bunch of. Kleptocrats and are simply printing money for
Programs youll see today. You can check your Program Guide or visit our website booktv. Org who a full schedule. And joining harris is the author of this book information wars. We lost the global battle against this information and what we can do about it. Information about the u. S. To the world track is yes. In olden days during the cold war we used to say telling americas story to the world. And how did you do your job, its funny, took me a while to figure out the parameters of the job what are the things i came to the conclusion was the way we tell our story is will be to our store to ourselves with american media, newspapers, magazines, tv. Rather than produce content ourselves i used to do during the cold war i thought lets show people how they cover ourselves. That was one part of it. The other part was the more strictly Public Affairs things where people are standing in front and you have to have the government line. Its safe use of your stance on issues, heres our policy, make