How we cannot get along, i think that is annoying and timeconsuming, but also the source of our greatness and at the fact that we have this place across the street from our head of governments house where people as George Hw Bush said, they would beat those damn drums when i was trying to have dinner , i think this is something that we as a people and you and your city should be enormously proud of and i think the fact that it is named after lafayette, i think, that would probably be to him his greatest honor. I think it is, also. Good night. [applause] good night. [applause] when i tune into on the weekends, usually it is authors sharing their new releases. Watching the nonfiction authors of booktv is the best television for serious readers. They can have a longer conversation and delve into their subjects. Booktv weekends, they bring you author after author after author thats spotlighting the work of fascinating people. I love of booktv and i am a cspan fan. Now on to tonights main e
Program might be used to or result in some way a crowding out of a significant portion of the economy shortterm private credit liability. And then it goes on to consider this is where i got into trouble. Such a Development Might conflict with the fifth Monetary Policy octave i got confused i will tell you i was on an amtrak south of washington behind a Freight Train when i read that section. That had something to do with it. But ting that section and one or two others could have been simplified a little bit and then clarified. I probably said enough by now to signal my high regard for this book, i can do it. I can do it. [laughter] but in closing let me salute that the very strength of the book for me actually highlights if the fed and the fdsc needs strong and essentially discretionary Emergency Powers to prevent or confront o runs how do we reck are sile such powers with legitimacy requirements of a democratic society. This is a Critical Condition in today political environment with
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