I wake up why wake up the other reporters and photographers. So what do you think i did . I had my 45 minutes with the president and nobody woke up the whole time. Bill clinton told the actual curiosity and saw his interest in policy and people in his engagement with people. He talked about the leaders he met on the trip and he talks about snorkeling the Great Barrier reef. The president is going to talk to the media on air force one. Clinton did at the father bush did. Theres a lot of difficulty in the relationship they have in the media. But you can see the president with their guard down and again i have a lot of stories in the book but for now i think that its a good one you can learn about president s on the plane. Anyone else . My next book topic i actually have a contract for a book for white house photographers is the ultimate insiders. These are the photographers of the white house pays to take pictures of the president and they are in the events that the beatles hits to go to
For sale in the corner. Thank you. [applause] thank you so much for coming. Please remember to fill out the survey here to help us know how to find programs like this [inaudible] [inaudible conversations] next up on booktv, mark tooley, president of the institute on religion and democracy, talks about his book, the peace that almost was. Its from this years fall for the book festival in fairfield, virginia. Our guest tonight is historian mark tooley. Mark tooley is the president of the institute on religion and democracy in washington d. C. His writing has appeared in National Review online, the Chicago Tribune and christianity today. He also writes regularly for the Weekly Standard asklies outside of northern and lives outside of northern virginia. His new book, the peace that almost was, was published in july of this this year. The book brings readers to the final days in d. C. When some of the most important men in the nation came together to try and prevent disaster and failed. Ple
Seam an optimist by nature. You have to be an optimist to invest in the stock market. Why . Because you need that faith that things can get better than they are now. In other words, you have to bet on progress, and on discouraging or middle days like today, dow up 28 , nasdaq declining, i found that maintaining a positive albeit skeptical stance makes you a much better investors. Some of you may regard this world view as obvious. But its anything but. Were on the eve of a tightening cycle where the fed is going to raise rates multiple times. Each rate hike will test your ability to stay in stocks. Each rate hike will make stocks there are many stocks that can still do well, especially if the fed takes a measured and considered approach to raising rates, making sure the economy absorbs them without too much of a slowdown. Why do i care about this fedinspired Interest Rate risk . Because even though i accept the fact that the fed has to tighten because employment is too strong for them n
Mary, what does ill tell us it tell us about the economy . Mary i think its good news and what we had to say in all of this is we are not getting back to february any time soon because unless we have the virus basically solved, there are lots of economies that are not going to open and the fact that we are doing better than just threading water here, make gains, thats good news. In the in the half halffull camp i would say theres less momentum. We had better momentum in june and may and we are still down 13 million jobs and as we try to get below 10 unemployment, now at 10. 2, thats where it becomes more difficult to restore those jobs short of a vaccine. Paul jason, it would seem on marys momentum point that the flareup in the summer to have virus in the south and South Western States did seem to slow the growth of of jobs, you did see a lot of restaurant jobs, a lot of Leisure Hospitality jobs come back but theres still millions that that are on the sidelines. Bill yeah, striking in
Mary, what do you make of the jobs report and what do you have to tell us about the underlying strength or weakness of the economy. Mary i think it was very good news and it beat the estimate and i think what we have had to face in all of this, we are not getting back to february anytime soon unless we have the virus basically solved, there are lots of parts of the economy that are not going to the fact that we are doing better than just treading water that we made some gains, i think its really good news. In the half cap i would say theres less momentum, we had better momentum in june and in may in terms of adding new jobs, were still down 13 million jobs and i think as we try to get below 6 unemployment, right now at tenpoint to percent that will be where it becomes more difficult to restore those jobs short of a vaccine. Paul jason, it would seem on marys momentum point, the flare up in the summer in the virus in the south and southwestern states did seem to slow the growth of jobs,