opponents said he held he hoped if james was ever elected president she would take up housekeeping like a normal woman, and she said if james and i were ever elected, i will neither keep house or make better. one of the most influential first ladies, sarah polk. will also look at her successors. live monday night on c-span and c-span 3. also on c-span radio end c- span.org. michael o neill says some of his top concerns include gridlock in washington, and the european economy, and cyber terrorism. mr. o neill expressed confidence in the state of the industry, saying financial institutions are ready to start lending more money once demand picks up. this is 25 minutes. ladies and gentlemen, please welcome [indiscernible] [applause] you can get used to this, know? thank you for joining us this morning. i learned a lot yesterday. i learned about latin america, mexico. regions for strong growth. one of the big innovations we might have with the data and how that might affec
why don t i began talking and we will see pit on the 50th anniversary of the publication of kennedy s i am a nation of immigrants, ted kennedy recalled in july of 1963 his brother was pushing hard for immigration reform and told congress the enactment of this legislation will not resolve all of our important problems in the field of immigration law. it willnd basis upon which we can build in developing an emigration law that serves the national interest and reflects in every detail the principles of equality and human dignity to which our nation subscribes. the president did not live to see immigration reform enacted and perhaps he would not have been delighted with all that flowed from the bill eventually passed in 1965. he was certain the government must relationship immigration demanded change from the racist laws of an earlier era. in the 1870 s, immigration was largely a state matter. at the post such as castle dark in new york, state officials interrogated and inspect
those who are obstructionists 1% and those who have tried to compromise too much. i could not agree more. there was a story in the washington post today. it is on the front page. it speaks to your point. called, maryland those , something left like that. it is about maryland abolishing the death penalty, marriage equality. one of my favorite politicians is the state senator in maryland. i recommend everyone check him out. d as saying this is about the vindicating rights. when did majority, common sense positions, vindicating rights become going left? i have nothing wrong with going left. in this country, it often arouses a response where people do not get to move beyond the term to understand many things are now mainstream. majorities of people support positions are just ticked off. 90% of americans support universal the background checks. other been laying out independent bipartisan issue. i think we need to talk about living wage. we need to expose the faults conservati
that the federal reserve is doing a lot to prop up the stock market, not directly, but by lowering interest rates they encourage everybody to take money out of things that media nothing and put it into risker investments like stocks, and it s working very well. hang on, let me get to pearlstein first on this. steve pearlstein, how long will it take for the economy to feel the impact, especially if they recover by the end of march? it s a slow-release pill, and as you all have said, we ve seen this story so 34 times before, they ll figure out a way to patch it up down the road. in the meantime people on wall street are trading fairly short-term, so they ll worry about what happens next year, not today. the stock market isn t as forward-looking as it used to be because the time horizon of the
investors is so short-term. but steve, does wall street understand they could play a roll here, oddly enough, a constructive role by sending a message to washington? the market doesn t act that way. i think it s really interesting to go back to the fourth quarter gdp report which you remember was negative, but the market didn t panic. and what the market did was look through that number and saw that the private sector was doing pretty well. consumer spending was up. the reason it was negative was in part because of a decline in government spending. and i think the market saw that fourth quarter report and it s kind of like a visit from the ghost of the economic future, in the sense that that s what our economy is going to look like. and i think that the debate that steve pearlstein started there was what was the impact if we started to cut spending because