wire service reporters to get headlines. he would announce things right before deadlines so they couldn t check them. there were huge debates in the newsrooms of america about, do you simply report something that a united states senator says, even if it is self-evidently not true? so, yeah, as mark twain is repulted to have said, mystery may not repeat itself, but it does rhyme. six senators we don t have five, four, three, two we have one standing up to trumpism, one or two, jeff flake, john mccain, i can t think of anymore. we have worse off in the fight against trumpism, aren t we? we are, but it is early. if i m right, that this is the cyc cycle, that it does take longer than many of us think it should or hope it would, mccarthyism took 48 months to die out. watergate took 26 months, from the time of the break-in from nixson s resignation. when people talk about the great
to join her in that, in 1950, by 1954, the senate would central mccarthy. but it took four years. and mccarthy understood the media of the age. he understood how to manipulate wire service reporters to get headlines. he would announce things right before deadlines so they couldn t check them. there were huge debates in the newsrooms of america about, do you simply report something that a united states senator says, even if it is self-evidently not true? so, yeah, as mark twain is repulted to have said, mystery may not repeat itself, but it does rhyme. six senators we don t have five, four, three, two we have one standing up to trumpism, one or two, jeff flake, john mccain, i can t think of anymore.
ironically, from the chase department in charge of mitigated risk. my colleague, christine romans watching this hearing from her post in new york. the department that s supposed to mitigate risks made these risky trades and now he is having to answer questions. it s obvious why congress wants to know why these stupid trades were made. yeah. he says, you know what? i m not going to defend it, because it violates common sense. it shouldn t have happened. what was, maybe should have been a legitimate, bona fide macroeconomic hedge, morphed into something else, he says, and he did not defend it. talk about, you say a grilling. a civil discussion. in part because he is so contrite here. the conversation just now turning into something more about what do you think about dodd-frank and the volcker rule and new regulations he has been vocal against. but as far as that trade, he says, no, you re right. it shouldn t have happen and we re sorry for that. in particular, let me tell you