History in which a dramatic transition took place at the absolute pinnacle of the governor of tennessee. Were going to begin by watching a four minute video that focuses on that moment that climaxed those hours. And then were going to try to recreate that moment in history with the three panelists, with lamar, senator, then soontobe our governor, with hal hardin who was a u. S. Attorney, and with keel hunt, the author whose book many of you already have gotten his autograph for that, so we are happy on behalf of the First Amendment center, im so happy to welcome you all here and to share what is truly unprecedented transition in government that took place all these years ago. I would like to begin by asking how many people, i know there are some people here, just regime, how many people were in the room the night that Lamar Alexander was sworn in as governor . Thats very interested in how many of you live in tennessee when this transition took place . So its a subject that is familiar
Open us to govern in the true spirit, amen. Why is it so imperative that you take office now . United states attorney for the middle district of tennessee called me at noon and said he had substantial reason to believe governor blanton was about to let out of the state prison a person who was a target of a grand jury investigation and alleged payoffs connected with parole. With that information, i concluded immediately as i told the speaker and Lieutenant Governor that that was new and specific information that demanded i act as i could. What is your feeling tonight . In many ways a very sad moment in tennessee but in many other ways it is a great moment. It will be recorded that ray lamar ray blanton was his own worst enemy. Broad this on himself, there was no other choice. The United States attorney today did what he had to do when they heard from the United States attorney, i think Lamar Alexander did what he had to do. The attorney general who assured me in the afternoon that if i
Involve hiring a staff of people to do the work and they say that the big banks can do that better. We hope that congress would look at that. There are a number of other things in the regulatory area that are bad. If they carry it further, it will make it dangerous for Community Banks to get any in the game. If congress will look at what the real needs are in the Banking Sector and and perhaps make it a lot easier for Community Banks, we certainly would like to see them thrive. It is not, from what i hear, that they are too big to fail. They are too small to compete with regulators. Take a look at the material the gentleman who asked the question it begins on page 53 or so of the report or its bills of the scale and the hope that this could reach very deeply into institutions. Barry, you had a thought on this question . Barry is with the commission and, it is with the consumer federation. I wanted to make the point that this issue of access and affordability credit is a strong theme in
Military installation there. It would not be like virginia. Or california, other places along port. Most of our military are the National Guard in the reserve. We have some defense contractors, but they have already made adjustments anticipating this as early as last year. There is not a dramatic impact. My concern and that of many of my fellow governors is, if there is something done as an alternative to that, do no harm. To not do things that will further reduce the increase in our nations economic recovery. You are a small government conservative. This is an opportunity to really pare back the size of our government. You want to see this go into effect . X i think there should be a limited government. I do not like random changes. In the last budget, i invested 1. 2 billion more into medicaid. Major cuts in terms of what we gave local governments. Those local governments and School Districts to make up for those budget changes. I think should be more strategic. I do not hate governm
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