Intrensic value column. He has written several books including origins of the crash, the end of wall street and tonights topic of discussion Americas Bank he let me know there is a great review of it coming out in the Washington Post tomorrow so we can read about that tomorrow. He has three children and lives with his wife in newton, massachusetts. Please join me in welcoming roger lowenstein. [applause] debra, thanks very much. A wonderful introduction. I am glad i dont have to talk about dinosaurs. I dont know much about that. What im going to do is mostly talk to you and read you passages as well that i mope High Pressure c hope conveys the drama of the story. This was my first history story. It was the most exciting project i have been in. The people i wrote about reminded me of people on the scene and the book is full of stories. Last night, anyone who saw the republican debate, you saw rand paul came out against the Federal Reserve and tasaid ther is no point in having a Federal
Become the adviser and then the transition in your mind to be much more precise how does that workout at home . How did they react to someone who has to talk that way . I a big kiss by my wife to quit talking like that at home. I dont do that necessarily. [laughter] but it understated and that pressure. My home life was a tremendous relief and my wife is good at giving me the oasis or the sanctuary to think about Something Else for a change. Is added page 42 you talk about the bookie were riding with the call that changed your life to be appointed to the Federal Reserve you were working on a book called the age of delusion how politicians and big ears created the Great Depression and. What will the next call, what title would they give to a similar book describing the lead up . Probably Something Like asleep at the switch your too complacent now wind of the aspects that they is looked stable overall. With that housing eland mortgage sector but it depended on shortterm debt that led to
Finding. It started under george w. Bush and was completed under president obama. There was a National Climate assessment that is required i law every four years. Republicans voted for that in 990. It calls out the dangers of Carbon Pollution and says it will increase ozone and asthma and hospital admissions. Climate change is projected to Harm Human Health by increasing groundlevel ozone. They specifically cite more Carbon Pollution as increasing Global Temperatures and increasing premature deaths and ozone and particle pollution. Is there any one of the four of you that has a problem with that analysis . Ok. Hey agree with that. I want to talk to my friend from alabama. I want to ask you this question. I have respect for your office and your opinion. Isnt it true that alabama lost all recent major Clean Air Act cases . They lost their legal challenge in the Supreme Court. In the White Stallion case they lost to the epa endangerment finding. Isnt that a fact . I dont doubt what youre
Thank you. Thank you. Thank you. Thank you. [captions Copyright National cable satellite corp. 2014] [captioning performed by national captioning institute] a group of former e. P. A. Administrators testified before the senate about the dangers posed by Climate Change and the government to reduce Greenhouse Gas emissions and said Global Warming is indisputeable. This begins with Sheldon White house introducing the witnesses. And as the former attorney germ of rhode island, i welcome dr. Endowed professor of banking. So i welcome our panel. Contribution rather than simply sitting back and accepting. If anything, new reports have made that needed to act even more urgent. It is hard to believe theres ny question of that. The ipcc report validates to the strongest terms of the science of Climate Change and projected impacts. The National Climate assessment documents impacts occurring in this country right now. And a report from the Cna Corporation made up of retired igh military officers n
Governor Christine Todd whitman under governors bush. Rightly isle william an epa administrator under the president george h. W. Bush and worked to amend the clean air. Ct to control acid rain dr. Daniel botkin. The honorable louvre strange Luther Strange is alabamas attorney general. I welcome a colleague here. And dr. Joseph mason is a junior louisiana bancorps association in doubt professor of banking at Louisiana State university and senior fellow at the wharton school. I welcome our panel. We will begin with the honorable dr. Thank you, senator whitehouse and other members of the subcommittee for convening this panel on the matter of enormous importance. I am pleased to be here and reassure some of you i am still alive. It is several months ago after speaking to former epa administrator sitting in front of you, we were convinced by the overwhelming verdict of scientists the earth was warming. And we humans are the only controllable contributors. Given those facts, we all signed an