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We want to thank our partners for making tonight possible. Completely surrounded by a network of steel scaffolding on the washington monument. Recently was overhauled to preserve its beauty and to correct the results of years of exposure to all kinds of weather. This was the nations number one repair job. Uncle sam. The way in preserving the value and beauty of our national landmarks. They wouldnt have to be veritable human fliers as they labored 500 feet in the air at the peak of the worlds highest repair job. And here it stands in all its renewed glory, an architectural gem in the nations capital. Robert holgate, first Vice President of the immigrant Industrial Savings Bank of new york city, speaks on remodeling business property. The emigrant Industrial Savings Bank became the owner of a six story st ....
Children. This is one hour and 45 minutes. [applause] thank you. Good afternoon, everyone, and come piercede 26th distinguished lecture series. This was established with a generous gift from the family, many of who are here today, as well as at t. The lecture is presented by Clinton Foundation and Clinton School of public service. Please, give the family a big hand. Will you stand up so we can recognize you . I insist. Dean, come on, stand up. Theyre right here in the front. [applause] like to say ao very special word of thanks to our sponsors, who are here and they made this celebration possible, so thank you to our sponsors. [applause] begin what i anticipate will be a lively conversation, i would like to thank all of you for joining us. Oday as you can imagine with this giant group, it would be nearly impossible to recognize all of our distinguished guests individually ....
I am proud to say to all of you here and United States this is the next Vice President of the United States of america, senator al gore from tennessee. [applause] people are hearing bill clintons message, they are deciding to help change this country and get our country moving forward. [cheering] bill clinton wants to put people first. They are responding to the message of putting people first. We will make the government work for the average families. It is time to put the American People first to invest and grow this economy. People tell him things they dont tell anybody else. This is not unusual. Part of it is, they recognized somebody who has had honest struggles in his own life. When somebody says something to him, he does not brush them off. He does not look be ....
Succeeded. In a surprise move, the worlds second largest economy devalued its currency by nearly 2 against the u. S. Dollar. Its largest devalue situation in 20 years. A weaker yuan would make chinas goods more affordable to foreign buyers so its being interpreted that chinas economy is in jeopardy of a deeper slow down which sent stocks tumbling. The dow jones fell to 17,402. Nasdaq dropped 65 and the s p 500 sank 20. Commodities also came under pressure since china is a big buyer of them. Oil fell to a sixyear low, down 4 to 4308 and a report from opec showed output increased to a threeyear high in july. And its not just stocks and commodities that are reeling. The impact could be wide reaching. It was a shot literally heard around the world. On a down day, chinas devalue situation of the yu a n is an anchor that dropped bonds and commodities yields around the world. I think screaming that china is in trouble, weve seen a series of data points out of china of a serious slow down. Rep ....