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Transcripts For CSPAN U 20151020
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Come down . Hopefully you all had a merry christmas, and that you dont mind staying where you are for the night because a winter storm will move through the area. Parts of northern and western siouxland will see the heaviest snow with up to 6 inches possible in those areas under a wier storm warning. Christians around the world celebrated christmas today, the president offered a message of hope. While troops overseas honored those killed this week. Nbcs Edward Lawrence has more from washington. They thanked those serving in the military while reminding the nation about the christmas spirit. sot president obama no super 35 42 treating one another with love and compassion. Caring for those on societys margins the sick and the hungry, nats pope francis no super vatican city burned in reuters 43 55 pope francis also offered his message of hope. He called for renewed talks between israel and the palestinians. The pope spoke out against terrorism and prayed for those affected by terrorist at
Kwwls brad hanson joins us live in the newsroom after a family went water skiing today. Brad. Believe it or not, the actually were excited. The jenscn family taking advantage of the open water left by warm temperatures. Like father nats boat sound like son. Austin jensen and his dad taking to the water, celebrating christmas in an unusual way. Thought it would be a good oppoounity to try. It was dads turn irsthe took the more traditional route, going with the water skis. He was able to get off the cedar river. His dismount also brought him right back to the bhansonkwwl just to give an water temperature before they austin, who went barefoot, a little bit of a different storor. Austin having to get almost completely in the water before the boat gets moving. He was able to make it quite a ways down the river before the cold won out and he had to let go. It was about as cold as youd expect it to be. This was austins first time doing this on christmas day. I asked him if he would do it agai
He went to harvard. He went to oxford. He became an internet and the nixon white house. Both the republicans and democrats wanted him. In the end he chose the democrats. He became a lawyer. He became an investment banker and then he became u. S. Budget director under president clinton. People were talking about him as a possible treasury secretary. At fannie mae, raines carried on with the fast growth policies of jim johnson. The Clinton Administration aide him on. In july 1999, hud secretary announced an effort he would increase the percentage of their mortgage financing that went to low or moderate income families, to 50 in 2001, from 42 that was set back in 1995. Cuomo said these new rules would provide Affordable Housing for 28. 1 million families over the next decade. Think about it. Cuomo could promise to create 28. 1 million homeowners without asking congress to spend a single penny. He simply told fannie and freddie to go out and do it, and they said we would be delighted. You
Fateful history of fannie mae, faithful not only for fannie mae but for everybody else too and there are copies of the book out in the reception area which we hope you will buy and which bob hagerty will autograph after the program. I am the president fellow at a e. I. And we are pleased to have you with us to consider this fateful history and its role in american politicized Housing Finance. After many years of dealing with and thinking about fannie mae i thought i knew a lot about this subject but i learned a lot more about it from reading bobs book, especially the very longterm evolution of politicized Mortgage Finance in this country and also about the vivid personalities involved over the last 40 years, all the way to the end of the story, at least it is the end so far. The book is full of information but in addition if you read my invitation to this event you know i think it represents an underlying tragic drama. In fact a shakespearean tragedy in fives. Rise, power, hubris, fall
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