The 11th annual roosevelt reading festival. For those of you who have not been in this room before, let me go over a few rules. The first is would everyone please take out their Electronic Devices and turn them off so that our presentation isnt interrupted today. The next is if you havent had a chance to see our new permanent exhibits that opened just last year, come and find one of the Library Staff members, and well be amendment happy to give you a button before the end of the day. The exhibits close at 6 00, so you have plenty of time to see them after the last presentation. And finally, our friends from cspan are here filming as they often do, and we appreciate them being here and showing support for our program. Because cspan is filming this session, at the question and answer period at the end of the session we would that you, please, come to the microphone and ask your question from the mic so they can be sure ask and capture the sound. So let me kind of go over the order of the
Reelection of president obama. What does this mean for u. S. Politics Going Forward . Mapes also a geographic that shows the future of u. S. Politics is in the south and southwest. Battleground states are the old playful states. In the southwest. It used to be known as mexico. 19, 24. 19 of voters of color is a threshold for whether a coalition can win an election. The 2010 republican tidal wave was to the weight and reelected to the crack to the senate. The democrats to the senate. They were able to prevail because of this coalition. They have 19 with voters of color. This is where the picture starts to come more closely into focus. There are 24 states in america that will have 19 voters of color. Though states are overwhelmingly in the south and southwest. Texas areeorgia in the new battleground. They will take the legs out of the machine to make it nearly impossible for a republican to win the white house. Georgia lost only six percentage points. Bidder presents a great opportunity
Ove forward on that. We do have a sig consultant issue with the private sector. I think maybe now we can put some of this in the past. We cant put all of it in the past. There are a lot of other documents out there that will have the report next week, and other things that will continue this discussion. At least we may have reached a point of deflection. . Ow do we manage that selection how do we ensure that that is appropriately protected that meets expectations and ensures that our choices that people want to make in their lives ont get affected. Are you safer at fort meade or are you safer at target . I think the answer to the question is you are a lot safer at fort meade in what matters to ost americans. Unless the congress of the United States is prepared to enhance the career resources, most of these will be outsourced to contractors. We will see more and more security evaluations and more and more Data Collection handling in the hands of contractors. I think if there is one less
Evidence that there is not more slack in the labor markets. On Interest Rates, again, she will talk about the taper likely to end. Bond buying likely to end later on this year. The fed will keep rates at a record low for a considerable period. If the labor market continues to improve more quickly, than anticipated by the committee resulting in faster conversion towards justice, increases in the federal funds rate target will occur sooner. Conversely, if the economic disappointing, then the future path of his tryst rates likely will be more accommodative than currently anticipated. She has a warning and her testimony towards the on on the subject of Financial Stability. She says most asset prices seem to be in line with historical norms. In some sectors such as lower rated corporate valuations appear stretched. We are monitoring developments in the leverage loan market. And are working to advance the effectiveness of our guidance. Expect Financial Stability. Regulation could dominate th
In september of 2001 when the 9 11 attacks happened, and whatever shock the body politic had experienced by the contested and indeterminate 2000 president ial election, well, the 9 11 attacks further scrambled and upended political expectations nationwide. And so while the basic Political Science principle is that the president s party tends to lose seats in a midterm election, whatever party holds the white house, they tend to suffer in a nonpresident ial year election following them getting into the white house. Thats the basic principle. But for a lot of different reasons, that expectation didnt really take hold in 2002. Really nobody knew what was going to happen in that midterm. And in the great state of New Hampshire, that National Uncertainty in 2002, that upending of all normal expectations in 2002 was all funneled in that state, that year, into a very intense competition for a u. S. Senate seat that year in New Hampshire. The incumbent republican senator from New Hampshire los