The occasion for those unbroken. And a tradition which began with theodore roosevelt. The great and the near great addressed this audience. But tonight we welcome the man whom history will record as preeminent among World Leaders in our hour of greatest need. I have in mind the rapid recession of communist aggression as millions of people were enveloped behind a farreaching iron curtain. I have in mind the stalemate of futility inkorea , the land facing inflation in our homeland which was eating up the savings of the thrifty and troubling the mothers of our freeenterprise economy. Here then is the man framed in war who will be claimed by future generations as the man who laid the foundations of peace. [applause] and more, he is our president whom we love with 80 and abiding affection. [applause] welcome to the Commonwealth Club, im george hammond. Along with the staff at the Commonwealth Club, the tech staff is helping to put together these online programs and weve done dozens and doze
Tradition which began with president theodore roosevelt. The great and the near great have addressed this audience. But tonight we welcome the man who history will record as preeminent among world lead evers in the hour of greatest need. [applause] the rapid success of communist aggression are millions of people were envelope behind the far reaching iron current. Have in mind the stalemate in north korea, the rampaging inflation in our homeland which was eating up the savings of the thrifty and traveling Free Enterprise economy. Here then is the man, trained in war, who will be acclaimed by future generations as the man who laid the foundations of peace. [applause] and more, he is our president , whom we love with a deep and abiding affection. [applause] welcome to the Commonwealth Club. Along with the staff at the Commonwealth Club, putting together all these online programs. We have done really dozens of them since the covid crisis began and its my great pleasure to introduce susan e
Television for serious readers. California, dwight d eisenhower, president of the United States of america. This location deserves unbroken a tradition which began with president theodore roosevelt, the great in the near great addressed this audience but tonight we welcome a man history will record among World Leaders in hours of greatest need. [applause] i have in mind communist aggression as millions of people behind the far reaching iron curtain. I have a mind of the utility and korea, facing inflation in our homeland, eating up the savings and traveling through our Free Enterprise economy. Here then is a man trained in war who will be acclaimed by future generations as the man who laid the foundations of peace. [applause] reporter and more, he is our president who we love with a deep and abiding affection. [applause] welcome, i am george hammond, chair of the humanities for which put together this program, along with the staff at commonwealth book club, putting together these onlin
This happy occasion preserves unbroken a convention which began with president to get our roosevelt. The great and the near great have addressed this audience, but tonight we welcome the man whom history will record as behemoth among moral leaders in the hour of greatest need. [applause] i have in mind the rapid succession of communist aggression as millions of people were behind the fire reaching iron curtain. I have been buying the stalemate of the stalemate in korea, the inflation in our homeland which was eating up the savings and traveling the motors of our Free Enterprise economy. Here there is a man trained in lower who would be acclaimed by future generations as the man who laid the foundations of peace. [applause] and more, he is our president whom we love with a deep and abiding affection. [applause] welcome to the Commonwealth Club of california, i am george hammond. Along with the staff at the Commonwealth Club, the staff has helped to put you always online programs. We did
Significantly in this statement here, in unanimous decision, the fed will maintain the target rate of near zero, between zero and quarter of a point until the fed is certain, it says that the economy has weathered this storm. Now the fed also approved establishment after primary credit rate of. 25 . The basic credit rate it lends to banks going back and forth no mention other Credit Facilities being related or created for this. Of the almost 5 trillion in stimulus. The Federal Reserve has yet to go forward. I talked with treasury secretary Steve Mnuchin and he said [inaudible] cheryl weve just lost edward. I want to give you a recap. Well look at the dow right now. Stocks are actually maintaining their position right now. The dow is up 570. All of the headlines were seeing cross from the Federal Reserve right now, again just to recap here, near zero, unanimous decision. It was 100 from the fed a unanimous decision and they are pledging aggressive action as the economic distress worsens