So the chairman says this is fine is it fine this is fun just fine. Thank you again. Well this is fine you know the only solution they seem to have over and over is more money printing and the fed is at that again nonstop since 2008 really as paul says fed policies will absolutely not lead to more income inequality this is what he claims last week while cities across america were on fire and notice that he said income inequality you know money printing does it causes asset prices to increase and tech Capital Gains to increase he didnt mention that he didnt mention the wealth gap so i did want to turn to a chart from pew and it shows the share of us aggregate wealth since 1983 to 2016 this is what the fed has been doing this is the upper income went from having 60 percent of all wealth in america back in 1903 to 179 percent and its probably much higher even now middle income has been the huge collapse as you see down from 32 percent to 17 percent so theyre nearly cut in half well this i
Host three as you all know is about words. The rhythms of declaration of independence, the pages of the constitution but is also about balance. It is about the drama and the sound of the surge the sound of a minister, the march on washington calling on us to live up to the full meaning of our creed is also about music and music is one of the most universal expressions you can listen to a song which you might disagree more congeniality and more profitably than he could ever listen to a speech about something with which you disagree. Tim as sure as the patriots are carrying their swords in their guns, they were caring appends in the pros in the poetry along with them to move the revolution forward and to move our country forward. Henry David Perrault once wrote that when i hear music i fear no danger, i see no photo and relating to the earliest times i relate them to the latest and the pretty much sums up and think what we, wanted to write about. Jon until about three weeks ago, mcgraw t
[applause] hello guys, how are you . [cheering and applause] hello, how are you . Good morning. Im the old guy appear. [laughter] so, history, as you all no, is about words and that is why you are here and the stately rhythms of the declaration of independence, the cadence of the agnstitution but its all about sounds and its about the muffled drums at lexington and concorde and the sound of the surf at omaha beach, sound of a minister at the march on washington calling on us to live up to the full meaning of our creed and its also about music and music is one of the most universal expressions. You can listen to a song with which you might disagree more continually and more profitably then you could ever listen to a speech about something with which you disagree. Absolutely. Im sure the patriots were carrying their swords and their guns and carried their pins and prose and poetry along with them to move this revolution forward and our country forward. Ou Henry David Thoreau once wrote w
Please welcome yuval levin and john meacham. Hey guys, how are you . [applause] how are you. Good morning. Im the old guy up here. So history as you all know is about words. Thats why youre here. The stately rhythms of the declaration of independence. The cadences of the sconstitution but its also about sounds. About the muffled drama lexington cardboard and the sound of the surf at omaha beach. The sound of a minister at the march on washington calling on us to live up to the fullmeaning of our creed. Its also about music. Music is one of the most universal expressions. You can listen to a song with which you might disagree. More continually and more profitably than you could ever listen to a speech about something with which you disagree. Absolutely, its as sure as the patriots were carrying their swords and their guns, they were carrying their pins their pros and their poetry along with them to move this revolution forward. Henry David Thoreau once wrote when i hear music, i fear no
Henry David Thoreau once wrote, when i hear music, i fear no danger and im invulnerable. I see no foe and im related to the earliest times and the leaders. That sums up what we wanted to write about when we sat down to write this book. The thoreau. Until three weeks ago, he thought he was a running back. Hes the reason we won the national championship. Well done. I rooted for clemson just to piss mcgraw off. We are an unlikely duo. Im very fit. [laughter] very well known for my good looks and singing voice. When we started this project, i was down in dallas and george w. Bush asked me, what are you working on . I said im doing this project with tim mcgraw. He went mcgraw . I like the wife. [laughter] so i was misinformed. I thought this was a project with fatal and then his sorry ass shows up. So here we are. We are neighbors in nashville. Tim asked me an important question and i never thought about it. He asked given the periods of history i have about, have i consider the role of mus