Loss, departments and agencies that carry out the policies. It was not always the case. Trumane 1952 president wanted to bring into the white house both the republican and democratic essential nominees to meet with his cabinet and white house staff members, he met with a partisan divide. He had wanted them to come in because he found when he came into office, he was unprepared. He came in january of 1945. Roosevelt died in april, and truman knew nothing of the atomic bomb. Seared by that experience, he wanted to bring people in so they would understand what was ahead of them. Adelaide stephenson accepted, but general eisenhower turned down trumans invitation, in large part because he said he was running against the administrations programs and from the public would be coming into the white house when he was running against it. Truman was very upset. He sent a handwritten note, which she would sometimes do because he could slip by staff, and they would not see it and stop him. So he had
Were decoupling 2. 27 . 30year at 3 . Fiveyear at 2. 6. And i go through all of those to highlight the yield is steepening and continues to do so. Global yields, this is getting interesting. Italian tenyear, 2. 21 . Its moved 18 basis points in a day. You see the biggest weekly rise, oneweek rise for the italian, german and french tenyear yield, we have seen it happen the highest in years. How long . 30 years. But all the strategists said probably five years four or five years ago we were wait iin. Here we are. What was happening the entire time that rates were not going up . We were sub2 . We were stuck in the muck, basically. The greatest thing, i mean, to see the stock market hitting new highs while rates are surging, if youre at zero on rates and sooner or later you have to normalize, if rising rates are going to move into financial assets, you have a problem with stocks going down. Unless you decouple. Rates are going up for good reason, then the stocks go up at the same time. You
The controversial bannon will be chief strategist and senior counselor. Martha mr. Trump granting his first interview as president elect and laying out what the biggest priorities will be with the republicans in congress. Here is some of that. You met with some republican leadership. What was the one thing that you all agreed you want to get done right away . Well, i would say there was more than one thing. There were three things. There was health care, there was immigration and there was a major tax billowerring taxes in this country. Chief washington correspondent james rosen joins us now with the very latest. James, bannon, man, oh, man a firebrand sparking a lot of controversy. The appointee was dispatched to morning talk shows to defend his many battled colleague. The target is steve bannon who will serve as president s chief strategist and senior counselor. Bannon brought a managerial competence to the. Left and right citing his chairmanship of breitbart, in recent years under h
He said that the bad bobby and good bobby, by the end there was the dominant personality. Its not accidental that barack obama and i think Hillary Clinton looked as role model more than any politician in American History to Bobby Kennedy being the one they we wanted to model and go after. As we end, i would like to just say one last thing, so bill green joked that i had written books on strange topics and including a guy named superman. I would like to present this shirt to bill green. It is i wont make you put it on tonight. [applause] but we give him a wonderful round of applause and if nothing else reading the book twice. Thank you very much. [applause] you couldnt have known that thats what everybody called me as mayor. There will be a book signing. Theyll be lining up in the west gallery. You were wonderful. [inaudible conversations] here is our prime time lineup, the life and career of appellate judge, and at 9 00 American Enterprise Institute Charles murray discusses his plan to
Festival and celebrating great literature. As you may know the book festival is a Nonprofit Organization that works to strengthen literacy by a wording grants and funding nationally recognized authors and illustrators in the title i schools and donating books to those students. By being here today, you are funding these important initiatives. Thank you very much. Please silence your cell phones, there is no flash photography allowed. The authors will be signing books after the session and books will be available in the tent. My name is clay johnson and its my honor to be moderator of the session today. We are here to hear from alberto gonzales, who is the author of his new book true faith and allegiance a story of service and sacrifice in war and peace. Al has served our country and our state as attorney general, white house senior cancel to the president of the white house as a member of the Texas Supreme Court and secretary of state for the state of texas. I have worked with al and a