Argument about light bulbs. He sat through the whole thing. The preacher asked him the next week why did you sit through that whole argument about light bulbs . He said i could have pulled out my wallet and bought the light bulbs, but i thought it was important for the session, the elders to all have their say, to talk all the way through the end so they would be comfortable with voting on a decision. Thats the way you look at the senate. Senator Lamar Alexander thank you very much. [applause] [indistinct conversations] thank you for being here this afternoon. Though we come together this evening in this stately and formal Senate Chamber our convocation has a light spirit of a family reunion. It is a thrill to me to see the way our colleagues react to baker on both sides of the house and even some who could not be here tonight made a special point of coming by to speak to senator baker. Tonight we welcome the second in a series of leaders, lecture series. Were hoping this will be somet
Sat through the whole thing. And the preacher asked him the next week, senator baker why did you sit through that whole argument about lightbulbs . He said well, i could have pulled out my wallet and bought the lightbulbs but i thought it was important for the session of elders to all have their say, talking all the way through to the end so theyd be comfortable with voting on a decision. And thats the way he looked at the senate. Senator lamar alexander, thank you very much. Thank you. My colleagues thank you for being here this afternoon. Senator baker. We come this evening in this stately and formal old senate chamber, our convocation has the light spirit of a family reunion. Its a thrill to me to see the way our colleagues react to senator baker on both sides of the aisle. And even some that could not be here tonight made a special point of coming by to speak to senator baker. Tonight we welcome a second in the series of leaders lecture series. We are hoping this will be something
[indistinct conversations] thank you for being here this afternoon. Though we come together this evening in this stately and formal Senate Chamber, our convocation has a light spirit of a family reunion. It is a thrill to me to see the way our colleagues react to baker on both sides of the house and even some who could not be here tonight made a special point of coming by to speak to senator baker. Tonight we welcome the second in a series of leaders, lecture series. Were hoping this will be something we will continue throughout this year. Byrd being are invited speaker our invited speaker in september. Im delighted the American Public is joining us this evening through television. They will hear this outstanding gentleman, who will give us a great deal of his usual wisdom and much wit. I hope they also sense the enormous affection for our speaker tonight that is almost palpable in this room. I wish they could see the display of photographs in the corridor outside this chamber, for our
Tell you think that maybe arent so honest to make me look good so im not going to do that. Its a temptation but im not going to do that but i will say i think smith taps into a wisdom that is millennial old. I am jewish. I have drawn a lot of parallels between smith and tolstoy. They are parallels between smith and a lot of great ethical thinkers of history so theres nothing new under the sun. As i say in my book money doesnt make you happy its not really a new idea. The hard part is to internalize it. The hard part is actually turn down the consulting opportunity thats really lucrative because your life is not a great argument to be putting forward. Thats the challenge. The challenge is i fell down, im in a hospital. Can you make me dinner and you actually do it and give up watching the game he wanted to watch with the red socks right . Thats hard to do. If you do it once its great. If you do it all the time you are a saint and i think we could all be a little more saintly. Thats the
Is off today. Euro area pmi coming in at 54. 2. Slightly below the estimate. But i think within the plus and minus pmi, rising to 54. 1. I check on the light side. Not too excited about that. Eurodollar is softening a fraction. It is still sub 110. On change. Softening a bit. As the data his of the screen. A fraction negative. As the data hits the screen. Lets get more from hans nichols. He joins us from our land. The number is soft. He joins us from berlin. Hans that is the point. It is expanding. It is lower than what was expected. You look at the spain number and it was 57. 3 up from 56. 2 in february. We may hear about diverted economies. Growth in spain and italy. And people will take a very close look at the numbers in greece and whether you are you can accept these other points and whether or not greece is swept excuse me, slipped into reception recession. Our tax receipts were way down in a january and february. They have seen capital flee the country. 25 billion euros in the f