[laughs] youre not here to hear me, youre here to hear anthony. I want to briefly introduce him and tell you what i take the work on your behalf, first of all, welcome home, anthony. Ms agree of miu, professional studies and now known as the school of professional studies. I knew him in a different context. Hes a former writer, committee, legislative director in the 111th congress he directed hearing of the national what wht archives. I was in that context that i met anthony. A feeling of relief and pleasure i had when anthony brought this chairman of the subcommittee who ziet it had budget of the agency i worked for, thats a big deal, to come of a tour of the library and i got to give the tour. And anthony will correct me if im wrong, but congress used powerful language. The pleasure and disbelief wassia joy for me to was a joy for me to see. It meant a lot to me and i will always be grateful to anthony for that. Im equally grateful, thats why im here today, that he took time to write
Support is the committees outlook, we will likely reduce the securities purchases in further measured steps at future meetings. Of course, continued progress is by no means certain. Consequently, future be adjustments to the pace of asset purchases will be deliberate and dependent on incoming information. Host so, greg ip of the economist, what does all of that mean to the average american . Guest well, so take the most basic aspect of that. One of the aims of the bondbuying program was to hold down longterm treasury yields. Essentially, when you buy a bond, you push up the price, and that pushes down the Interest Rate on it, and because Mortgage Rates are usually linked closely to 3w07bd yield, the more are bought, the more it held down Interest Rates. Over the last eight months as the market became aware the Federal Reserve pulled back on this program, we saw some rebound in mortgage Interest Rates. What mr. Bernanke hope is the that by gradually continuing the process over the comin
Example for future first ladies, ellen wilson died just a year and half into the president s term. The grieving president soon met washington businesswoman edith galt. They married after a secret courtship and edith wilson served as first lady for more than five years. Her unprecedented role in managing the president s affairs after he suffered a stroke remains are the most controversial efforts of any first lady. Tonight, the story of the Wilson Administrations two first ladies, ellen and edith. We have two tragc deaths here to tell you about these two interesting women and the times in which they lived. Her book is allen and edith, Woodrow Wilsons first ladies. John mills cooper is Woodrow Wilsons biographer. Thanks for being with us. We have been telling the stories chronologically, but Everybody Knows about edith wilson managing the white house as it is described after her husband suffers a stroke. We will tell that story first because so many people really want to know what happen
Cost our country 600,000 jobs . Yes. Moving discretionary funding backed up to the original cast and not having the sequester take effect. And that would take a half a point away from gross to mustek product . By the end of 2014. Florida, thein types of jobs we are talking about, we have seen some very harmful impact. Our premier Cancer Research center in tampa, before the sequester, they had 120 researchers working to find a cure for cancer. They are down to 100. The air force base is one of our Largest Community economic drivers. They are furloughing Mental Health counselors among others. That part of the budget is shrinking, but the sequester does not give us a lot of room to maneuver on where we want those cuts to take place. Law enforcement, job losses from cuts to the court, very significant cut accident education. Adopted republicans this cr last week, it became Crystal Clear that they intend to march forward with those sequester cuts. Report and at your those kind of expenditur
Academia to politics. Set an example for future first ladies. Year and a half of his term. Edithieving president met , and she served as first lady for five years. Her unprecedented role in managing affairs is one of the most consequential efforts of any first lady. Good evening, and welcome to our continuing series. The wilsonry of first ladies. Christine miller is a biographer f the first ladies. Mr. Cooper is Woodrow Wilsons biographer. We are going to break precedent. Thesee been telling stories chronologically, but everyone knows about edith wilson managing the white house after a stroke. So many people want to know what happened. Suffer the stroke . 1919. Was in october of trying to sell the country on going into the league of nations. Aborted the tour and got him back into the white house. Five days into the white house he suffered a massive stroke. The story of the stroke is very dramatic. Can you tell us what happened . Conflicting reports about what happened, but i think the