Hosted by jim hewitt thank you for participating in todays Program Everyone watching tonight is providing a tremendous amount of support to the Nixon Library as we have been closed for six months. And to sign up for Nixon Foundation membership and you can do that right after the program ends. And trade to expand his portfolio he is overseeing the number of prospects for 2001 and now with global acquisitions and a contributing columnist. Taken away. I wish i had video in person im stuck inside of mail a copy of liberal privilege of everyone is watching. I wasnt planning on writing another book or anything like that. We were stuck in quarantine i could go to work or church or school or do anything reading or writing it would of gotten an exemption. Said let me research the guy we are running against to do some homework and its hard to believe a little there is out there despite half a century as a creature in washington dc. I cant believe the wealth of information that is out there that
Him. Host hello welcome to the session of the National Book festival project via the library of Congress Name Steve Burstein a long time columnist at the Washington Post at George Mason University and the operator of american capitalism my guest today is rick seen from the branch of the steam clan stronger reporting spending time and i man of the left is and reflects tackling the rise of them in another way Barry Goldwater and his latest book americans way turn. Along with a long time the writer former dean of Columbia Journalism School and has written books about the sat and black transaction man. And over the last 45 minutes because of the virus. And transaction man and tell us what it is about. Okay. [laughter] i guess if there is is extensively you really but the premise of the book there is a number of ways to organize a capitalist system that has been organized in a succession and im trying to propose a history of the different ideas of american capitalism and with those institut
Just like year, the unlikely reformer, carter glass and financial regulation. The format today, matts going to talk for however long he wants. We have a few images to supplement then hell take some questions, so come on up. Welcome. Id like to thank chuck and the other people at the Historical Society for having me here today. This is a strange introduction. I had a funny thing happen getting here. I live in chevy chase, maryland, and i didnt want to drive and look for a parking space so i called lyft and they came within a minutes. I was barely putting on a tie, learning how u to tie a tie again and when i get in as he was pulling away, i realized i did not put a belt on my trousers so i had visions of being on cspan with my trousers falling down, luckily, chuck brought me a belt. Youre saved from that, if not my speech. Ill talk for 20, 25 minutes then take your questions. Carter glass was a major figure in American History. A recent writer, richard farley, called him quote, the sing
Shall observe. You will see the memorial event unfold throughout our program today. The stock market trading begins at 9 30 a. M. And were at a modest gain after yesterdays late and very big selloff, the dow is probably going to be up 90 in the modest gain for the s p of 37 on the nasdaq. That is at the open. We have no idea how the market closes today. Look at this, peloton, the stock of the day if not the week terrific Earnings Report, huge increase in sales and a rosy projection for the future. Watch that stock go. Peloton is up 9 at 97. I have three quick headlines for politics and money. Microsoft says russian chinese and iranian hackers are targeting the 2020 election. No impact on the stock of course but this is a clear warning. Joe biden is embroiled in a teleprompter dispute. Does he use one to help them answer questions. Surely that is out of balance but articulate president ial candidate. In the nfl is back completely protest into and thumbs you will see it all. September 11
Unemployment violent. More than 100 people die in floods in northeastern india while the country grapples with a raging coronavirus pandemic. A warning of another clampdown and spains catalonia region has infections that. Will begin with that breaking news israel is accusing hizbollah of launching what its calling an infiltration attempt on its border with lebanon it happened in the past few hours in the shaba farms region has been a has denied being behind the incident the United Nations is urging restraint from both sides israels Prime Minister Benjamin Netanyahu has posted on twitter saying what was happening on that all the border was being constantly monitored he says that israel wont allow iran to establish itself on the border and that lebanon and hizbollah are responsible for any attack that comes out of lebanon lets go live to the west reuss them and to aljazeera hari for scenario whats israel saying about exactly what happened on that border today. Well it has a very differen