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Jul 12, 2015
07/15
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this was herbert hoover's favorite cause of the great depression. hoover lived a very long time. in the later years of his life, when he looked back at all of this, this was his favorite way to explain the great depression. it was kind of like a global pan demic. it started in europe because of world war i. the first world war damaged the european economy. members of the versailles treaty had a huge reparations payment on the german economy, and they collapsed. a lot of european economies struggled to get on their feet, which was good for us. we had a market for a goods. -- for our goods. but he was an economic addition that had a ripple effect across the amended motion and affected our shores. -- it was an economic condition that had a ripple effect across the the pacific ocean and affected our shores. go back to the 1800s and look at the history of economic depressions in america, you will see there were panics. 1893 was a biggie. that's usually referred to as the panic of 1893. it's because one of the imported ingredients in having a depression is that we, the american people,
this was herbert hoover's favorite cause of the great depression. hoover lived a very long time. in the later years of his life, when he looked back at all of this, this was his favorite way to explain the great depression. it was kind of like a global pan demic. it started in europe because of world war i. the first world war damaged the european economy. members of the versailles treaty had a huge reparations payment on the german economy, and they collapsed. a lot of european economies...
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Jul 19, 2015
07/15
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herbert hoover is the last in a long series of republican presidents. since the civil war, there had only been to democrats. one was grover cleveland, the only president ever elected not consecutively twice where the terms are not consecutive, and woodrow wilson. in the 1920's, we had three consecutive republican presidents with warren harding calvin coolidge, and herbert hoover. i see him as being, at the least, one of the unluckiest residence in american history. he is elected in 1928, sworn in in march of 1929, and the stock market crashed in october. he gets blamed. people homeless live in hoover bill, if you have no shoes, you have hoover shoes. if you had oatmeal breakfast lunch, and dinner, you had another hoover meal. it was lamenting the fact that the bottom had fallen out of your life. in your view and that you -- and the view of the american people it is your fault. he is a fiscal conservative. he has these beliefs about what the role of government is and what the role of government, especially in relation to the economy, is, and he will not
herbert hoover is the last in a long series of republican presidents. since the civil war, there had only been to democrats. one was grover cleveland, the only president ever elected not consecutively twice where the terms are not consecutive, and woodrow wilson. in the 1920's, we had three consecutive republican presidents with warren harding calvin coolidge, and herbert hoover. i see him as being, at the least, one of the unluckiest residence in american history. he is elected in 1928, sworn...
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Jul 26, 2015
07/15
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front and center of courses herbert hoover. i plan to tell a story that reveals when the idea of saving lives amidst catastrophe emerged full force. it began a decade ago, and continues still today. let us first consider some of the immediate catalyst humanitarian aid. across the globe, aid to soldiers of the understood would be armed why the violence of war. communities also offered into civilians and the reason being that total war and the first world war involved entire societies. these became a source of humanitarian concern. a second catalyst for humanitarian intervention was the refugee, or the person of the refugee. if you pay attention to use coming from libya or syria today , you know all about refugees. the first world war, the rover 15 million people displaced from their homes. the united states, the very first weeks of the war would dispatch a relief commission the worship here is the flagship of the u.s. tennessee. it is alleviated the exodus of 125,000 americans that were stranded in europe the weakening of the wa
front and center of courses herbert hoover. i plan to tell a story that reveals when the idea of saving lives amidst catastrophe emerged full force. it began a decade ago, and continues still today. let us first consider some of the immediate catalyst humanitarian aid. across the globe, aid to soldiers of the understood would be armed why the violence of war. communities also offered into civilians and the reason being that total war and the first world war involved entire societies. these...
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Jul 26, 2015
07/15
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the herbert hoover presidential library and museum hosted this event. it is about two hours. >> it is my very great pleasure to introduce
the herbert hoover presidential library and museum hosted this event. it is about two hours. >> it is my very great pleasure to introduce
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Jul 19, 2015
07/15
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and when herbert hoover comes into office in 1929, part of what he says in his inaugural speech is that he has great optimism for the country. and there is just no hint, at least in the hoover horizon, that -- the waters underneath may be a little bit troubled. so there was a bit of a stock market crash on october 23rd or 24th. and it is giving an inkling that there is going to be some problems. then the day that we now refer to as black tuesday, october 29, 1929 hits, and the stock market tanks. and you have to understand that after coming out of these years after met his prosperity, it is really difficult, at first, to determine whether or not this is just a blip on the economic radar screen, or if this is the beginning of a problem. of course, as we know, as we had the benefit of 20/20 hindsight it was the beginning of a very severe problem. it becomes very clear in the 1930's that the economy is in very dire straits, with the depression that probably hadn't been experienced in most of the lifetimes of those people. probably the last time there had been a depression of that's a very
and when herbert hoover comes into office in 1929, part of what he says in his inaugural speech is that he has great optimism for the country. and there is just no hint, at least in the hoover horizon, that -- the waters underneath may be a little bit troubled. so there was a bit of a stock market crash on october 23rd or 24th. and it is giving an inkling that there is going to be some problems. then the day that we now refer to as black tuesday, october 29, 1929 hits, and the stock market...
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Jul 12, 2015
07/15
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herbert hoover is the last in a long series of republican presidents. since the civil war, there had only been to democrats. one was grover cleveland. -- been two democrats. that you terms were not consecutive. and woodrow wilson. in 1920's, we had three consecutive republican presidents with warren harding calvin coolidge, and then herbert hoover. i see him as being at the very least, one of the unluckiest presidents of american history. he's elected november 1928, sworn in march 1929, and the start market crashed in october. he gets blamed. people who are homeless living hooverville, people who have bad shoes have hoover
herbert hoover is the last in a long series of republican presidents. since the civil war, there had only been to democrats. one was grover cleveland. -- been two democrats. that you terms were not consecutive. and woodrow wilson. in 1920's, we had three consecutive republican presidents with warren harding calvin coolidge, and then herbert hoover. i see him as being at the very least, one of the unluckiest presidents of american history. he's elected november 1928, sworn in march 1929, and the...
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Jul 4, 2015
07/15
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he is succeeded by herbert hoover. there is someone who agrees with churchill on this, and that is franklin d. roosevelt, who wrote an article in the journal of foreign affairs about what the democrats' foreign policy would be. here is a photograph of roosevelt at the time, when he was running for governor, 1928 running for governor of new york, and wins. in this article, this is one of the passages from it. again, he takes a dig at the coolidge administration. coolidge is building up a navy at a time when there is no real threat to the united states. he uses the word " unparalleledlly secure." that is a lot of letters. that is hard to say. i have been practicing that. [laughter] again, why build up a big navy? all you need is a police force in the world's oceans. maintain good order. there are no great rivals out there. roosevelt goes on to say, only admirals who have an interest in a lot of ships, they are the only ones who consider the possibility seriously of war between japan and the united states, for example. of
he is succeeded by herbert hoover. there is someone who agrees with churchill on this, and that is franklin d. roosevelt, who wrote an article in the journal of foreign affairs about what the democrats' foreign policy would be. here is a photograph of roosevelt at the time, when he was running for governor, 1928 running for governor of new york, and wins. in this article, this is one of the passages from it. again, he takes a dig at the coolidge administration. coolidge is building up a navy at...
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Jul 17, 2015
07/15
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every president since herbert hoover has hung their hat there but the state department has reserve add room for the. at the millennium one hotel near the united nations. the change was made because of eavesdropping fears at the waldorf. the luxury hotel was sold to a chinese company last year. >>> coming up on the news at noon, they were under the table at a pub in dublin, ireland and it had nothing to do with one too many pints. details on this near disaster coming up next. >>> lance armstrong returns to the place of his greatest accomplishment but tour de >>> imagine sitting at your local pub d anseeing this. a helicopter pilot having a very hard time landing slammed his chopper into a pub near dublin, ireland. he landed on thesecond attempt but for some reason the tailspins violently and slams into the pub. two people in the chopper escaped with just minor injuries. the pilot was arrested on charges of endangerment. >>> it was actually exactly one year ago today that a malaysian airlines plane was shot down by a missile over eastern ukraine. video of the aftermath released by austra
every president since herbert hoover has hung their hat there but the state department has reserve add room for the. at the millennium one hotel near the united nations. the change was made because of eavesdropping fears at the waldorf. the luxury hotel was sold to a chinese company last year. >>> coming up on the news at noon, they were under the table at a pub in dublin, ireland and it had nothing to do with one too many pints. details on this near disaster coming up next....
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Jul 18, 2015
07/15
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everied president since herbert hoover has stayed there since it moved to its current midtown location. but tonight when president obama comes to new york for a fund-raiser, he'll be making in other arrangements. any connection to the fact chinese company bought the walldorf last year? the white house isn't saying. earlier in the day, the white house believed the woman 110 years old. she was praised as a trail braiser. when we come back how a day on the water makes a difference to kid. next at 6: breaking news in southern califonia. ===take vo raj=== first, cars burned on the freeway... now the fire has moved to nearby homes. ===take vo janelle=== plus, a stabbing in a palo alto parking garage. now police reveal what the hate crime suspects look like. ===next close=== >>> finally tonight, it's a great summer escape for anyone lucky enough to get out on the water, a way to leave your troubles back on land. for a few hours or so. and for the kids in a special sailing program it's a daylong passage to freedom from the challenges they face. nbc's ron mott has tonight's "making a difference
everied president since herbert hoover has stayed there since it moved to its current midtown location. but tonight when president obama comes to new york for a fund-raiser, he'll be making in other arrangements. any connection to the fact chinese company bought the walldorf last year? the white house isn't saying. earlier in the day, the white house believed the woman 110 years old. she was praised as a trail braiser. when we come back how a day on the water makes a difference to kid. next at...
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Jul 20, 2015
07/15
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CSPAN3
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hoover, the wife of herbert hoover, he is the secretary of commerce in the harding administration. so all three of them knew each other and were linked in that harding administration. mrs. harding, of course, is reluctantly put in the place of campaigning for her husband. so she says. as she is not enthused about him running for president at first but once he decides that throw his hat in the ring, she is at 110%. and she really demonstrated that through the campaign. she was comfortable with the press. because she considered herself to be a newspaper woman. she wasn't a writer for the newspaper, as her husband was, but she knew all the newspaper editors, she knew the reporters at a lot of different newspapers, she absolutely thought it was her business as much as it was her husband's. she knew all the slang, the lingo of the newsroom. so she could talk they easily with the press. and by 1920, you really have the press stepping up. and we had news we -- reel footage, newspaper reporters are working out of the press house which was built especially for the press r and to theear of t
hoover, the wife of herbert hoover, he is the secretary of commerce in the harding administration. so all three of them knew each other and were linked in that harding administration. mrs. harding, of course, is reluctantly put in the place of campaigning for her husband. so she says. as she is not enthused about him running for president at first but once he decides that throw his hat in the ring, she is at 110%. and she really demonstrated that through the campaign. she was comfortable with...
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Jul 20, 2015
07/15
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and when herbert hoover comes into office in 1929, part of what he says in his inaugural speech is that he has great optimism for the country. and there is just no hint, at least in the hoover horizon that -- the waters underneath maybe a little bit troubled. so there was a bit of a stock market crash on october 23rd or 24th. and it is giving an inkling that there is going to be some problems. then the day that we now refer to as black tuesday, october 29 1929 hits, and the stock market tanks. and you have to understand that after coming out of these years after met his prosperity, it is really difficult, at first, to determine whether or not this is just a blip on the economic radar screen, or if this is the beginning of a problem. of course, as we know, as we had the benefit of 20/20 hindsight it was the beginning of a very severe problem. it becomes very clear in the 1930's that the economy is in very dire straits, with the depression that probably hadn't been experienced in most of the lifetimes of those people. probably the last time there had been a depression of that's a very wou
and when herbert hoover comes into office in 1929, part of what he says in his inaugural speech is that he has great optimism for the country. and there is just no hint, at least in the hoover horizon that -- the waters underneath maybe a little bit troubled. so there was a bit of a stock market crash on october 23rd or 24th. and it is giving an inkling that there is going to be some problems. then the day that we now refer to as black tuesday, october 29 1929 hits, and the stock market tanks....
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Jul 17, 2015
07/15
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WRC
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in fact every president since herbert hoover has stayed at the landmark hotel since it moved to its current1. but tonight when president obama comes to new york for a fund-raiser he'll be making other arrangements. any connection to the fact that a chinese company bought the waldorf last year raising concerns about eavesdropping? the white house isn't saying. >>> earlier in the day the president welcomed a woman believed to be america's oldest living veteran to the white house. emma didlake of detroit is 110 years old. back in 1943 as a wife and mother of five she became a private in the women's army auxiliary corps and served as a driver stateside. in the oval office the president praised her as a trailblazer. >>> when we come back how a day on the water makes all the difference to kids facing big challenges. man is nice... ...but i think women would agree... ...snuggling up after is kinda nice too. but here's the thing: about half of men over 40 have some degree of erectile dysfunction. well, viagra helps guys with ed get and keep an erection. ask your doctor if your heart is healthy enou
in fact every president since herbert hoover has stayed at the landmark hotel since it moved to its current1. but tonight when president obama comes to new york for a fund-raiser he'll be making other arrangements. any connection to the fact that a chinese company bought the waldorf last year raising concerns about eavesdropping? the white house isn't saying. >>> earlier in the day the president welcomed a woman believed to be america's oldest living veteran to the white house. emma...
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Jul 19, 2015
07/15
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there was a yearning for certainly solidarity, a leader who is not going to move in the wind like herbert hoover. the absence of the jefferson rule, or the deviation, is it too simplistic to say that there was oppression, a great depression, and that instead of searching for thomas jefferson we created a new lexicon? david sehat: i would say that in some ways yes, in some ways, no. roosevelt was an heir of progressives. they believed that the nation had changed so dramatically by the beginning of the 20th century that the founding fathers could not have possibly spoken to the condition of the nation in their present. this was america of sky great -- skyscrapers. roosevelt said that progressive impulse, when you're confronted with problems of the great depression, he took it further and said not only is our nation physically different, but the economic structure, our entire pattern of life, it is not possible to look to the founding fathers for answers. he used the opportunity to then -- alexander heffner: but he never said it to the nation, it is not possible to look at the founding fathers, but
there was a yearning for certainly solidarity, a leader who is not going to move in the wind like herbert hoover. the absence of the jefferson rule, or the deviation, is it too simplistic to say that there was oppression, a great depression, and that instead of searching for thomas jefferson we created a new lexicon? david sehat: i would say that in some ways yes, in some ways, no. roosevelt was an heir of progressives. they believed that the nation had changed so dramatically by the beginning...
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Jul 10, 2015
07/15
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CNBC
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in germany we have to hear the iron chancellor angela merkel aka herbert hoover in a pantsuit, accept the package she wasn't even in favor of before the referendum. because she thought it was still a giveaway. it certainly seems like the market knows something, which means if it doesn't know something we will get hammered if greece and germany fail to compromise. actually, this is more of a chinese communist flag. as far as china's concern judging by the way chinese stocks traded on the market today could be a bit of a downer sunday night. remember in a bear market it's the velocity of the decline that matters. china's fall seems to have been stabilized by severe actions from their totalitarian government. more on my friends at the people's republic later. so we've got our hands full of foreign issues to deal with when we come in on monday. will the u.s. always now be a side sideshow to these foreign main events? on tuesday i think we'll find out if the financial equivalent of hollywood is going to take preem nans away from the foreign flicks when earning season begins in earnest with
in germany we have to hear the iron chancellor angela merkel aka herbert hoover in a pantsuit, accept the package she wasn't even in favor of before the referendum. because she thought it was still a giveaway. it certainly seems like the market knows something, which means if it doesn't know something we will get hammered if greece and germany fail to compromise. actually, this is more of a chinese communist flag. as far as china's concern judging by the way chinese stocks traded on the market...
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Jul 20, 2015
07/15
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CNNW
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been elected to the presidency without having been elected to other office with the exception of herbert hooverrump is so rich and he has so much money. here is the reason though that i think -- i'm just kidding. here is the reason i think that donald trump appeals to his supporters. there was a rally over the weekend, right, and it was a liberal gathering and martin o'malley who is a democrat and running for president, he was talking about mistreatment of african-americans at the hands of police and he said -- he was booed after saying all lives matter, and i just want to play you that moment so you can hear it for yourself. >> every life matters and that is why this issue is so important. black lives matter white lives matter, all lives matter. black lives matter. white lives matter, all lives matter. >> we're going to comment on now what happened to martin o'malley in just a second but there's a historical moment happening right now in cuba so let's go there because the american embassy there, the flag is being raised once again. >> is this in cuba or washington? ♪ ♪ ♪ cuba's foreign ministe
been elected to the presidency without having been elected to other office with the exception of herbert hooverrump is so rich and he has so much money. here is the reason though that i think -- i'm just kidding. here is the reason i think that donald trump appeals to his supporters. there was a rally over the weekend, right, and it was a liberal gathering and martin o'malley who is a democrat and running for president, he was talking about mistreatment of african-americans at the hands of...
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Jul 19, 2015
07/15
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CSPAN3
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the hoover's was not death of a child or death of a spouse, but the older of their two sons, herbert hoover junior who to be known as pete by the family contracted tuberculosis as an adult, married man with two children. this was in the 1930's, first of all, no cure. second of all we lost track of how severe and prevalent that alyssa was in a lot of different parts of the country. lou, in her typical take charge, i've got this sort of frame of mind, collects information on all the different potential sanitarium swear pete king convalesce, he gets -- once it get made public, they get all kinds of letters telling him how tuberculosis can be cured, quack medicine is alive and well it hasn't changed very much. she eventually settles on a sanitarium in asheville, north carolina. they range from feet to go there, they thought about having him convalesce at the camp that bloomberg had builds in the shenandoah mountains, but they decided that pete -- rapid and was very accessible. they decided that he needed to be first of all where there was more attentive care and also that was easily accessible.
the hoover's was not death of a child or death of a spouse, but the older of their two sons, herbert hoover junior who to be known as pete by the family contracted tuberculosis as an adult, married man with two children. this was in the 1930's, first of all, no cure. second of all we lost track of how severe and prevalent that alyssa was in a lot of different parts of the country. lou, in her typical take charge, i've got this sort of frame of mind, collects information on all the different...
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Jul 18, 2015
07/15
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eye 48
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the hoover's was not death of a child or death of a spouse, but the older of their two sons, herbert hoover junior who to be known as pete by the family contracted tuberculosis as an adult, married man with two children. this was in the 1930's, first of all, no cure. second of all we lost track of how severe and prevalent that alyssa was in a lot of different parts of the country. lou, in her typical take charge, i've got this sort of frame of mind, collects information on all the different potential sanitarium swear pete king convalesce, he gets -- once it get made public, they get all kinds of letters telling him how tuberculosis can be cured, quack medicine is alive and well it hasn't changed very much. she eventually settles on a sanitarium in asheville, north carolina. they range from feet to go there, they thought about having him convalesce at the camp that bloomberg had builds in the shenandoah mountains, but they decided that pete -- rapid and was very accessible. they decided that he needed to be first of all where there was more attentive care and also that was easily accessible.
the hoover's was not death of a child or death of a spouse, but the older of their two sons, herbert hoover junior who to be known as pete by the family contracted tuberculosis as an adult, married man with two children. this was in the 1930's, first of all, no cure. second of all we lost track of how severe and prevalent that alyssa was in a lot of different parts of the country. lou, in her typical take charge, i've got this sort of frame of mind, collects information on all the different...
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Jul 18, 2015
07/15
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CSPAN3
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eye 104
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and when herbert hoover comes into office in 1929, part of what he says in his inaugural speech is thathas great optimism for the country. and there is just no hint, at least in the hoover horizon that -- the waters underneath maybe a little bit troubled. so there was a bit of a stock market crash on october 23rd or 24th. and it is giving an inkling that there is going to be some problems. then the day that we now refer to as black tuesday, october 29 1929 hits, and the stock market tanks. and you have to understand that after coming out of these years after met his prosperity, it is really difficult, at first, to determine whether or not this is just a blip on the economic radar screen, or if this is the beginning of a problem. of course, as we know, as we had the benefit of 20/20 hindsight it was the beginning of a very severe problem. it becomes very clear in the 1930's that the economy is in very dire straits, with the depression that probably hadn't been experienced in most of the lifetimes of those people. probably the last time there had been a depression of that's a very would h
and when herbert hoover comes into office in 1929, part of what he says in his inaugural speech is thathas great optimism for the country. and there is just no hint, at least in the hoover horizon that -- the waters underneath maybe a little bit troubled. so there was a bit of a stock market crash on october 23rd or 24th. and it is giving an inkling that there is going to be some problems. then the day that we now refer to as black tuesday, october 29 1929 hits, and the stock market tanks. and...
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Jul 18, 2015
07/15
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CSPAN
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objectively looking at 80 years of our nation's in economic history from the great depression and herbert hoovert recession and george w. bush. the time period is a period in which both the democratic and republican parties occupied the oval office for precisely 40 years each, but that is where the similarities end. so i am just going to cut through the chase and give you the rankings from the very best to the very worst, and i would like a little from role. number one, number one, the very best is president john fitzgerald kennedy and lyndon baines johnson. tied for number two, president bill clinton and president fdr. number four, i'm going to be bipartisan here, eisenhower number five, truman, six reagan seven, h w bush, nine, nixon, ford, 10, george w. bush, and number pam: democrats: top three. republican bottom three. -- democrats top three. republicans, bottom three. we need to bring prosperity back to america. that is more true than ever. john kennedy said that a rising tide lifts all boats. that is more true today than it was in 1960. it's time to take the gloves off. one vote in the de
objectively looking at 80 years of our nation's in economic history from the great depression and herbert hoovert recession and george w. bush. the time period is a period in which both the democratic and republican parties occupied the oval office for precisely 40 years each, but that is where the similarities end. so i am just going to cut through the chase and give you the rankings from the very best to the very worst, and i would like a little from role. number one, number one, the very...
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Jul 26, 2015
07/15
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CSPAN
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herbert hoover was in the better homes association and the federal went out in a private-public partnership which is like a fannie and freddie thing and promoted the idea if you had a home it was a good thing and we had a housing boom and it crashed. you don't need federal policy pushing the social ideals on people. you look at this last crisis, the home ownership rate was around 64% to 65%. it was like that from 1968 to the 1990. bill clinton and republicans were just as much to blame but bill clinton and jim johnson said we will get it up to 70%. that is completely arbitrary and counterproductive and a lot of people -- julia said a lot of people didn't realize this but a lot of people did realize how it would end. you can go back through clips and "wall street journal" and many places -- many people were talking about how it won't end well and it didn't. guest: here is where we have our first legitimate real disagreement. this is not about pushing home ownership. there was nothing about pushing home ownership. the predatory loans the ones you heard about where people were underwritten the
herbert hoover was in the better homes association and the federal went out in a private-public partnership which is like a fannie and freddie thing and promoted the idea if you had a home it was a good thing and we had a housing boom and it crashed. you don't need federal policy pushing the social ideals on people. you look at this last crisis, the home ownership rate was around 64% to 65%. it was like that from 1968 to the 1990. bill clinton and republicans were just as much to blame but bill...
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Jul 22, 2015
07/15
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CSPAN2
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the -- herbert hoover was president when the bridge was built in 1932 with an estimated design volume of 5,500 vehicles a day. it's now up to 62,000 vehicles a day. the -- how do you pronounce this one? good for you. the calcasieu river bridge in lake charles nasrallah, was built in 1952. the bridge now carries 70,000 cars a day. its steep grades have been cited as traffic concerns, especially given the high volume of trucks the bridge carries along the major east-west corridor. the brooklyn bridge -- everybody knows about the brooklyn bridge. you know, you guys are too young to remember this but back -- that was back when johnny wisemiller was tarzan. you see any of the old movies? he would dive off the brooklyn bridge. and i remember that when i was your age. and anyway, do you know when that was built? that was built in 18383 -- 1883. now, this structurally deficient bridge now carries 135,000 cars a day. that's one of the real oldest ones around. but i remember so well when johnny wisemiller was chased by the police and dived all the way down. i always wondered what happened to hi
the -- herbert hoover was president when the bridge was built in 1932 with an estimated design volume of 5,500 vehicles a day. it's now up to 62,000 vehicles a day. the -- how do you pronounce this one? good for you. the calcasieu river bridge in lake charles nasrallah, was built in 1952. the bridge now carries 70,000 cars a day. its steep grades have been cited as traffic concerns, especially given the high volume of trucks the bridge carries along the major east-west corridor. the brooklyn...
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Jul 25, 2015
07/15
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eye 66
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herbert hoover was in the better homes association and the federal went out in a private- private-public partnership which is like a fannie and freddie thing and promoted the idea if you had a hotel that was a good -- home it was a good thing and we had a housing boom and it crashed. you don't need federal policy pushing the social ideals on people. you look at this last crisis, the home ownership rate was around 64% to 65%. it was like that from 1968 to the 1990. bill clinton and republicans were just as much to blame but bill clinton and said we will get it up to 70%. that is completely arbitrary and counterproductive and a lot of people -- julie said a lot of people didn't realize this but a lot of people did realize how it would end. you can go back through clips and "wall street journal" and many places many policeman in academic -- many people were talking about how it won't end well and it didn't. guest: here is where we have our first legitimate real disagreement. this is not about pushing home ownership. there was nothing about pushing home ownership. the predatory loans the one
herbert hoover was in the better homes association and the federal went out in a private- private-public partnership which is like a fannie and freddie thing and promoted the idea if you had a hotel that was a good -- home it was a good thing and we had a housing boom and it crashed. you don't need federal policy pushing the social ideals on people. you look at this last crisis, the home ownership rate was around 64% to 65%. it was like that from 1968 to the 1990. bill clinton and republicans...
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Jul 22, 2015
07/15
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herbert hoover was president when this bridge was built in 1932 with an estimated design value of 5,500 vehicles a day. i want to skip down now to the brooklyn bridge. see if you got the brooklyn bridge there. this bridge was actually built in 1883. now, it is a structurally deficient, of course, you know the number of cars that go over that but that's 1883. that's one that is -- that's -- i dare say hardly anyone here who hasn't driven over that and every time you do you wonder if you're going to get out the other side. the other one that's comparable is the san francisco the bay bridge which was built in 1936 the bridge is functionally obsolete. the concern about the bridge, they say and a lot of smart people are saying this bridge because of all the earthquakes out there could collapse. i've gone over it, and anyone who drives over it is driving over it thinking is this going to be the time when that takes place. because of the propensity of all those. anyway i talked a few minutes ago to roy blunt he was talking about the bridges in missouri the last one i'll show you i think you ha
herbert hoover was president when this bridge was built in 1932 with an estimated design value of 5,500 vehicles a day. i want to skip down now to the brooklyn bridge. see if you got the brooklyn bridge there. this bridge was actually built in 1883. now, it is a structurally deficient, of course, you know the number of cars that go over that but that's 1883. that's one that is -- that's -- i dare say hardly anyone here who hasn't driven over that and every time you do you wonder if you're going...