[background noises] [background noises] good afternoon everyone. I am jolt present of the publicc Diplomacy Council of america. It is my privilege on behalf George Washington University Institute for Public Diplomacy y and Global Communication the university of Southern California center on communication leadership and policy, i did that without breathing. And the pdc aid to welcome you to the first monday of septembe. Nevermind this is the second monday. It always is in september. Today is september 11, 911. Many of us in this room will always remember with clarity where we were and what we were doing on that day 22 years ago and the struggle to reach out to our loved ones. We will move on with our agenda today. We do so holding in our hearts the spirit of the almost 3000 who perished during that disaster and the many more whom we have lost post 9112 elements derived from heroic rescue x and conflicts. Todays tech host is tom gabby, where are you . In the back. Mike right here in the
Ongoing challenge. For discussion from George Washington university. [background noises] [background noises] [background noises] good afternoon everyone. I am jolt present of the publicc Diplomacy Council of america. It is my privilege on behalf George Washington University Institute for Public Diplomacy y and Global Communication the university of Southern California center on communication leadership and policy, i did that without breathing. And the pdc aid to welcome you to the first monday of septembe. Nevermind this is the second monday. It always is in september. Today is september 11, 911. Many of us in this room will always remember with clarity where we were and what we were doing on that day 22 years ago and the struggle to reach out to our loved ones. We will move on with our agenda today. We do so holding in our hearts the spirit of the almost 3000 who perished during that disaster and the many more whom we have lost post 9112 elements derived from heroic rescue x and confl
Ongoing challenge. For discussion from george Amanda Bennett is ceo of gt the u. S. Agency for global media. She talks about the importance of a free and independent press and highlights the rise of global disinformation as an ongoing challenge. This discussion is from George Washington university. [background noises] [background noises] good afternoon everyone. Good afternoon, everyone. Im joel fishman, president of the Public Diplomacy council of america. It is my privilege, on behalf of the George Washington University Institute for Public Diplomacy and global communication, the university of Southern California Annenberg Center on communication, leadership and policy. I did that without reason. And the pdc a to welcome you to the first monday of september 2023. Nevermind that this is the second monday. It always is in september. Today is september 11th, 9 11. Many of us in this room will always remember with clarity where we were and what we were doing on that day 22 years ago and
No, that actually was good for the market t. Dow gained 126 points t. S p climbed 4. 6 . Nasdaq advanced 0. 4 . How did these terrible things suddenly become good for stocks . This market is trying to find a footing where it doesnt go down every day and segments hard hit can be ready to rally. Its finding its footing in all the wrong or ignorant places. The fed kept Interest Rates low. Banks need higher rates to make more money after your depositles. The stocks got dumped. It doesnt matter at all to people that the banks were actually quite doing quite well here in the u. S. That its got more robust lending than anywhere else on earth. We learned last week when john stumped the ceo, wells fargo came on the show. He made it clear it was excellent t. Stock got hammered. Big money matches, what do they want . Lending is a risky business. Even if you are wells fargo, which is an amazing sir couple spent lender. Nope. The stockmarket prefers its fool proof when the banks take your deposits
Terms. It has also come despite basic problems with the government over oa and its sister organizations. A was laudable to create firewall to protect the firewall the independence. But ask yourself this question, how can nine busy people run a large complex of companies as a parttime activity. The pbg has had difficulty effectiveplaying and decisionmaking role. It has not helped that the white house and senate has often left seats unfilled for long stretches of time. The current board understands the structural problem and what to do with it. Runningt to get out of broadcasting once a month. The pbgs recent appointment of fun executive officer is an Excellent First step in my view. What is needed is a fulltime professional boss. Mediaansing, the seasoned manager in that role right now needs legislation giving him Clear Authority over all budgets and personnel. Is a billely, there currently before the house of representatives which, unless amended, could make things worse. 2323urrent dr