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[inaudible conversations] [inaudible conversations] good afternoon, everyone. Im carin bowen and a senior here the american enterprise. Well conclude this series. We are also us a grateful to the Bradley Foundation of milwaukee wisconsin, supporting this lecture series for more than a quarter century. When peter schuck giving a electric noor washington about hit new book, one nationen decide, Clear Thinking about five hard issues that divide us, we jumped the chance for peteer is one of the cleese expose thoughtful legal and policy scholars of this and or in the generation, a Professor Emeritus of law at jail and an aei visiting scholar in 1979, the year i arrived at aei. The author of among many other books, why government fails so often and how it can do better, understanding america, the institutions and polic ....
[inaudible conversations] good afternoon, everyone. I karlyn bowmanim karlyn bowmar fellow at the American Enterprise institute and i would like to welcome all of you and the cspan audience to this lecture by peter schuck. This will conclude 20162017 bradley lecture series. We are as always grateful to the lives of milwaukee Wisconsin Foundation that supported the lecture for more than a quartercentury. When peter emailed me and colleagues to say he might be able to give a lecture about his new book, one nation undecided Clear Thinking about bipartisanship that divides us we jumped at the chance for he is one of many academic. But professor of law at yale he reminded me that he was an aei visiting scholar in 79. Hes the author of why government fails so often and how it can do better, understanding the institu ....
He is the author of why government fails so often and what we can do about it. But first, as we all know ever since they very innocently crashed our entire economy through purposeful and fraudulent activities [laughter] banks and the bankers who bank them [laughter] have weathered attacked from all corners. The government is waging war on banks. They say wall street is guilty that your fortunes are where they are now because of wall street. People want to see bankers in handcuffs going to prison. Jon as as though seeing them punished appropriately would be somehow just or right. [ laughter ] well, guess what . The vampires finally got their blood. His name is kareem and his bankers lied about the Mortgage Backed security and he knew about that and looked the other way so he was guilty. Jon huh. Lie being the value of mortgagebacked securities and looking the other way i think was the slogan for one of those companies, wasnt it . ....
My name is jon stewart. We got a good one for you tonight. Guest tonight peter schuck. He is the author of why government fails so often and what we can do about it. But first, as we all know ever since they very innocently crashed our entire economy through purposeful and fraudulent activities [laughter] banks and the bankers who bank them [laughter] have weathered attacked from all corners. The government is waging war on banks. They say wall street is guilty that your fortunes are where they are now because of wall street. People want to see bankers in handcuffs going to prison. Jon as as though seeing them punished appropriately would be somehow just or right. [ laughter ] well, guess what . The vampires finally got their blood. His name is kareem and his bankers lied about the Mortgage Backed security and he knew about that and looked the other way so he was guilty. Jon huh. Lie being the value of mortgagebacked securities a ....
But first, as we all know ever since they very innocently crashed our entire economy through purposeful and fraudulent activities [laughter] banks and the bankers who bank them [laughter] have weathered attacked from all corners. The government is waging war on banks. They say wall street is guilty that your fortunes are where they are now because of wall street. People want to see bankers in handcuffs going to prison. Jon as as though seeing them punished appropriately would be somehow just or right. [ laughter ] well, guess what . The vampires finally got their blood. His name is kareem and his bankers lied about the Mortgage Backed security and he knew about that and looked the other way so he was guilty. Jon huh. Lie being the value of mortgagebacked securities and looking the other way i think was the slogan for one of those companies, wasnt it . Why is he the only person to have gone to jail for that activity . He pled guil ....