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We are so happy to see you here this afternoon. I am nicole austinhillery, director of the Brennan Center for office. We want to thank our friends here for cohosting this event with us this afternoon and being such a great partner for the Brennan Center for justice. On behalf of the Brennan Center we are pleased you joined us this afternoon for what we know will be an exciting and interesting conversation on president ial ethics law and this is a particularly good moment to have that discussion. The Brennan Center for those who dont know is a nonpartisan policy institute that seeks to improve our broken system of justice and democracy and we like to use the tools of advocacy, research, litigation and Strat ....
To splition has seems this into two nations. Watch this labor day on cspan and on cspan. Org and listen on the free cspan radio app. Washington journal continues. Host welcome back. Stephen ellis is with us. He is Vice President of taxpayers for common sense. Were talking about the cost and effectiveness of federally funded Disaster Relief programs, particularly Hurricane Harvey. Guest thank you. Host what are the copper getting factors facing the white house and congress as they figure out how much money is needed for houston and louisiana . About with they talk a fog of war, there is a fog of disaster. Immediately the efforts are about First Responders and getting people out of harms way, but as you move into recovery, it is hard to know exactly what the need ....
Figure out how much money is needed for houston and louisiana . Stephen like they talk about with a fog of war, there is a fog of disaster. Immediately the efforts are about First Responders and getting people out of harms way. And then as you start to move into recovery it is hard to know , exactly what the needs are. You want to start slowly in some respects. In that you need to open up this spicket ofcash cash. You want to make sure that money is being spent wisely and appropriately. Initially it is going to be a lot of debris removal. Things just have to be taken away. Then trying to figure out what can be saved, what has to be torn down, what is where are the places that you should not rebuild and invest. It is going to take time. It is a long process. Host we know the Trump Administration is going to ask initially for 6 billion. How did they arrive at the number ....
How did they get hit so hard when Nothing Happened . The absurdity of all it can seem preposterous, totally frustrating. Market wide selloff makes you feel like the business of stocks at best stupid, at worst corrupt and it drives you away from the entire asset class i wish i could tell you that theres some hidden logic that makes these declines seem reasonable but your inclinations are right. The action often is every bit as stupid as it appears thats way i want to tell you all the ways stocks can be impacted by forces that have nothing to do with the companies themselves so you have some grounding about what might be driving you crazy. The absurdity of your stocks going down when nothing happens at the underlying companies. So were going to pull apart all the reasons your stocks do go down through no fault of their own. That way youll have a more certain handle on how to take advantage of these big market wide declines. Becaus ....