2. 3 trillion gauntlet against the economic catastrophe caused by the pandemic it was remarkable move coming within seconds of the devastating news that 6. 6 million more people filed for Unemployment Insurance last week the averages were actually able to rally including the down and out stocks dow gaining 286 points s p climbing 1. 54 nasdaq advancing 7. 7 . Without powells extraordinary i was blown away extraordinary announcement, the hideous jobless claims would have pancaked the stock market. Weve gone from the strongest labor market in a half century to one of the weakest in no time flat it didnt matter to wall street because the fed is buying all kinds of distressed debt you dont see i keep saying its so important. Buying municipals. Some of those are hurting. Buy high yield Corporate Bonds thats fabulous news because those were two big pressure points in this rapidly deteriorating economy. What a difference from the old days between the 2. 2 trillion rescue package from congress
Its my pleasure to welcome all of you to our seventh annual Daniel Patrick monaghan lecture. Briefly, were really pleased to see such a full house as always. Were happy to be joined by folks worked with senator monaghan. Mora is pat monaghans daughter and a tremendous supporter of our organization and this initiative from the beginning. Id also like to thank sage publications. Sage in the publishing world is probably the preeminent Publishing House concerned with the social sciences. They also publish the title called the annals of the American Academy. Theyre also the principal cosponsor of this lecture, having given us generous funding to support this enterprise so thank you to them. Also a quick thank you to the willard staff and to my staff at the American Academy. Theyve just been terrific in getting all this started. We are going to have a brief time for question and answer after ambassador powerstalk. Two points about that. One, it is going to be brief. Well only have probably t
Im the executive director of the American Academy of political and social science. Its my pleasure to welcome all of you to our seventh annual Daniel Patrick monaghan lecture. Briefly, were really pleased to see such a full house as always. Were happy to be joined by folks worked with senator monaghan. Mora is pat monaghans daughter and a tremendous supporter of our organization and this initiative from the beginning. Id also like to thank sage publications. Sage in the publishing world is probably the preeminent Publishing House concerned with the social sciences. They also publish the title called the annals of the American Academy. Theyre also the principal cosponsor of this lecture, having given us generous funding to support this enterprise so thank you to them. Also a quick thank you to the willard staff and to my staff at the American Academy. Theyve just been terrific in getting all this started. We are going to have a brief time for question and answer after ambassador powerst
She is patricks daughter and tremendous supporter of our organization and this initiative from the beginning. I would like to thank sage publications. Sage in the publishing world is present eminent Publishing House and publish the title we run out of my organization. And they are the principal cosponsor of this lecture, having given just generous funding. So thank you to them. And thank you to the willard staff and to my staff at the American Academy. They have been terrific in getting all this started. We are going to have a brief time for question and answer after ambassador talk. It is going to be brief. There will only have time for several questions. And i would ask you to keep your questions to the point, do your level best not to make mini lecture of your own or position statements. Please wait for a microphone to come to you. We are very pleased to know that cspan is covering this today and we have our inhouse tech staff so wait to be able to be heard before you speak. I welco
Ms. Power is the recipient of the American Academy of political and social science 2019 Daniel Patrick monaghan prize. This is 90 minutes. Im the executive director of the American Academy of political and social science. Its my pleasure to welcome all of your to our seventh annual Daniel Patrick monaghan lecture. Briefly, were really pleased to see such a full house as always. Were happy to be joined by folk who s who worked with senator monaghan. Mora is pat monaghans daughter and a tremendous supporter of our organization and this initiative from the beginning. Id also like to thank sage publications. Sage in the publishing world is probably the preeminent Publishing House concerned with the social sciences. They also publish the annals of the American Academy. Theyre also the principal cosponsor of this lecture, having given us generous funding to support this enterprise so thank you to them. Also a quick thank you to the willard staff and to my staff at the American Academy. Theyv