Thought and the whole system starts unraveling in reverse. The political response to 2008, ben bernanke, henry pulson, president bush, and obama, did they get right . Guest i think once the crisis unfolded. Ben bernanke and the Federal Reserve acted correctly. And that is no small measure due to the part tha bernankes doctoral thesis had to do with the Great Depression and he worked out a new interpretation why the Great Depression was so severe. He talked about the credit influences and that you really have to rescue the Financial System to make sure lending continues. So i give him a lot of credit for saving things. The Bush Administration pushed through a small stimulus package in 2008 and that probably helped a bit. But in terms of fiscal policy, tarp, which was the bank bailout was incredibly important. It reassured people that the Banking System was going to continue. Tarp was a recapitalization of the Banking System. The banks had been holding lots of assets that suddenly were l
Where people live. These are people homes. There is nothing good to be thought about we are losing a whole section of land here. People are losing their homes. And, you know . But there are other buildings. And are nervous about them too. And we should be. Reporter back live now the, this is one of three buildings here that are in danger. There is another red tagged building next door. With the city want to tear that down. It was yellow tagged a few weeks ago. Other individuals have moved out of that building. But there has been a delay because the owner of 32310 r and vagrancy and there is a level of who will pay for the demolition work. Because the owner was in bankruptcy. And there are in limbo of who will pay for the demolition work. Reporter also, was the clear up the debris they will work on landscaping is to keep the water flowing through here and the clip from the roadie any further. Eroding catherine there has been three separate collapses of the sea wall. In this video from o
I had sunglasses and a hat on should have put on sunscreen when i was outside at 8 00 in the morning until 7 00 at night. You have a little sunburn. Now you can have a couple more days to enjoy it but things are going to change. We have a storm coming in later this week, lets enjoy the good stuff. It is still here for a couple more days 65 the high in reno sparks later today well above average for this time of year mix of sun and clouds and there is haze in the valley locations weve been watching the air quality as a result of that haze and quiet weather in the wintertime often leads to that concern if you are sensitive to some of those air pollutant, something youll want too kind in mind. Light winds, the air quality has been a concern at 4 a. M. It was unhealthy for sensitive burn norestrictions there only a couple more days, when the winds pick up by wednesday with the arrival of the winter storm that will help the air quality by taking the smog out of the valleys. 34, a little bit
Evolutionary than revolutionary. Now, some of these proposed changes include inspections every 12 months or 50,000 miles whichever comes first, by a licensed shop. Maintain records on inspections, insurance and driver background checks that the state can review at any time. Logos must appear on the front and rear of the car. Ridesharing companies would have to certify how they calculate fares and if a car is leased by the driver that contract would have to be longer than four months. Now, in the past, we have reported on these lease agreements that drivers sign True Partners between the Ridesharing Companies and leasing startups. For drivers with all kinds of credit scores, it can be a good deal at first especially with all the discounts. Kelsey who paid 800 a month was one of the first to sign up but then lyft started slashing fares. This is not economically viable any longer. We have had five rate cuts since i started driving. Reporter todays meeting is set for 9 30 this morning in S
Plymouth, minnesota. Tell us what happened. Guest what happened as i was wearing the first pair of pants ever to be worn to elementary by a girl. It was a Public School in minnesota gets to be 10 below zero and i wore a multicolored flower bell bottom pants. I was so proud of these pants and sure enough i was called in to mrs. Claytons office, the principal who had this enormous beehive haircut and still remember to this day. Im sitting there trembling as she says you can wear your trousers in your culotte enter pantaloons at home, but it he can high school you wear dresses. I literally got a permission slip, walked home to my house to the woods somehow, changed into address and i shed a few tears. Ill say that much. I use that example of why i wrote the book to show off the road all changing culture that i ended up being able to wear pan, being able to be the girl that could respond to the mrs. Quaid is that the world. At that moment i did wish he said. The one tangent to the story is