Justine underhill, yahoo finance. Now that the fed has started the process of raising rates, various fed officials have said, including ben bernanke, that the fed could go cash flow negative in this scenario as capital losses are taken on the portfolio bond. Do you still see this happening, and when might this happen . Youre talking about our income going negative . Conceivable, in a scenario where growth and inflation will really surprised us to the upside. We would have to raise shortterm Interest Rates so rates we would be paying on reserves would exceed what were on the portfolio. Bout 2en, we have a trillion in liabilities, namely currency, on which we pay no interest, so this does require an extreme scenario with very rapid increases and shortterm Interest Rates. It is conceivable, but quite unlikely, that it could happen. But, you know, if it were to happen, we would have an economy that would be doing very well. This is probably an economy that everybody would feel very well,d,
With respect to intelligence activities and took on the nickname of the chairman, frank church and it was known as the Church Committee. The committee met for 16 months, reviewed 10,000 documents, called 800 witnesses before the committee and the staff. The legacy includes it creation of the Senate Select Intelligence Committee providing ongoing oversight of the intelligence agencies and the creation of the foreign intelligence surveilness act of 1978 fisa. They were held in the Historic Senate caucus room scene of the hearings two years earlier. We go to meet kate scott, who explains how and why the Church Committee came about and sets the stage for september 16, 1975 hearing with cia director, William Colby. The Church Committee was created in january of 1975 by the senate. In response to a series of revelations and allegations about Domestic Intelligence abuses in the United States, and the senate created this committee by an overwhelming bipartisan majority, a vote of 824, to estab
Break the dysfunction, at least to an extent. Flood insurance. Infrastructure. You know, everybody in that congress has railroads and roads and airports and schools. Theyre all decaying. Metro north. And the amtrak line that im willing to bet a lot of folks here rode today is a 20th century track. 50, 70 years old in some places. And your train going home is going to break down, is going to stop just like last thursday night in the new haven line, people were stranded out on the tracks in one of the coldest days of the year. Soverb has a stake in infrastructure. And there are ways to do an Infrastructure Bank a railroad trust fund, this is an idea that in the absence of earmarks, i came to congress in the postearmark era, the senate had abandoned earmarks to the over the protests of many of my more seasoned colleagues would you like them to come back . Do you think that would help . I think whats needed is maybe not specific earmarks for specific congressional districts or even states,
What goes on in a womens studies classroom. History, womens feminist movements, and the backlash. Professor and author Bonnie Morris will take your questions in depth starting sunday live at noon eastern. And you still have a few days to weigh in on the book club. Join the conversation. Onto book tv. Org and click book tv to enter the chat room. Cspan. We bring Public Affairs events from washington directly to you, putting you in the room at congressional hearings, white house and events, briefings, and conferences, offering complete gavel to gavel coverage of the u. S. House, all as a private service of public industry. We are cspan, created by the cable tv industry 35 years ago and funded by your local cable or satellite provider. In his state of the union address, president obama announced the Treasury Department would be creating a new type of retirement account called myra. At a steel mill and west mifflin, pennsylvania, the president discussed Retirement Savings and gave more det
The benghazi louder. The white houses response. It is disturbing that these documents were hidden. The email that you are talking about are explicitly benghazi. The fate of more than 200 mystery. The hard line separatists, bokaharam is believed to be behind the attack. Another man accused of killing a teenager who broke into his home. Prosecutors believe the couple set a trap. Its easy to secondguess. At that moment, he believed he had no other choice. There is nothing wrong with a force. Two sky divers leap from the worlds tallest building in dubai. We begin tonight with stunning images out of ukraine. Prorussian protesters stormed a state Prosecutors Office in donetsk throwing rocks and overwhelming police attempting to defend the building. Vladimir putin called on ukraine to pull troops out of some parts of the country, separatists. Via skype from donetsk, simon, good of you to join us. These pictures are just horrifying. I know you wrote in your piece for the post that donetsk is g