White supremacists. Reporter the words come after he faced criticism for not denouncing white nationalists in the aftermath. Heather heyer was killed when a car ran into a crowd of counter protesters demonstrating against a white nationalists rally. Many other suffered injuries and the community in charlottesville is trying to heal from the violence. We are saddened. We lost a young woman who lived and worked here. She did not ask for this. Reporter james fields was charged, he made his First Court Appearance from jail via video link, stoic looking down during the hearing. A prominent white nationalists outside blamed the weekend violence on Law Enforcement. They said they were given a stand down order and they wanted a bloodbath. Thank you. New details surfaced about an employee at berkeleys top dog restaurant who was identified as a participant in the rally in virginia. Report suggested the worker was fired from his job but as rob roth reports the restaurant said thats not the case.
Both in the construction and execution of Monetary Policy. Following on one of the data points, trade, i guess were going to talk a little bit about Monetary Policy. As part of that discussion, the fed has started to talk about that being the role of its Balance Sheet. Well talk about that in a little bit. So randy, i think all of you know both of these folks. University of chicago, former governor at the fed, now with the university of chicago. And john foust, a number of years at the fed, now at john hopkins but on leave back to the fed. You just cant quit the fed. So were now in the third longest economic expansion that weve had. One of the questions is will policy change which has been discussed both in monetary and fiscal policy extend that expansion or not. In light of the discussion about the Mortgage Backed component of the feds Balance Sheet, ive been looking we at fannie mae look at the tenyear treasury all the time. That actually started to rise back in july with the ecb Hol
Hon, thats really amusing. Remind me to give you a raise. Oh, thank you. When does it start . When hell freezes over. Got any idea whats bothering walter . Oh, no, but im sure it has to do with money. Iii. You know, heshes just hes just not himself. And he says, nothing, maude, except we have to cut down on expenses. Then he runs around the house, turning off the lights and stuffing his face. Its like being married to an owl with a tapeworm. Walter, darling. Why are all the lights on . Because its nighttime. Thats no excuse. Nobody understands me. We gotta cut down on expenses. garbled every time i come home. The place is lit up like a Christmas Tree i talk and talk and nobody listens. Walter, must you talk with your mouth full . And another thing, maude. Its like a furnace in here. Cant we do something about the heat . Its costing me a fortune mrs. Naugatuck, would you mind turning down the thermostat . Turn it down to 60. If you dont mind, sir, id, uh, like to turn it down to 32. 32
Took place 15 years before and during the depression so that a 1938 a writer named louis corey wrote a book called the crisis of the middle class, 1938, it became a bestseller for about three weeks, but it was on the list and the thing that is interesting about it is that corey had a definition which i think still works im going to say, the middle class are people either have an independent professional or property basis to the economy, that is one definition of middleclass, theres also a second definition which is less understood which is a cultural middleclass, we have a cultural middleclass in the United States and that cultural middleclass are people who actually go to the operating go to concerts, they are interested in literature, interested in reviewing books and so on. They are not the same people always but generally speaking they coincide now the only group of salary people who are genuinely of the middle class are the managers. Plumbers who may make more than managers and of