Back several decades to find out what makes Banking Systems unstable. He concluded that the deciding factor is the level of political interference in the system. This last about one hour. Good afternoon, everyone. Welcome. Were going to start our program. Im david cowen, president of the museum of American Finance. Were joined today by chairman of the board and our friends from cspan are taping today. Our guest lecture is charles calomiris, professor Financial Institutions at the Columbia University business school. He also teaches at the school of international and public affairs. Charles received his ba in economics from Delhi University where he graduated magna cum laude and matriculated through stanford when he cut his ph. D in economics. He is a member of the shaft open Market Committee as well as the financial economists roundtable and the Federal Reserves centennial advisory board. Charlie is wellknown in the field. Am quite poor that two of the many accolades that he has receiv
Which was protected by a large stone fortress. When they approach the city of st. Augustine the military commander in that city let it be known to the patriots that there are not going to allow them to take control of st. Augustine. There were some periodic fighting that took place. End of significant fighting that took place. When the patriots moved on some of black towns that were located in the interior portion of the northern florida peninsula around what is today known as the prairie. The time it was known as olajuwon. The patriots were defeated in the fighting against the seminoles. They eventually moved back cam where they determined that this project was a complete failure and that they had failed to achieve their objective of taking a portion of florida. And what they ultimately wanted to do when they took over it was that as soon as they became in charge of that area it was ceded to the United States, immediately transferred to United States buried in in the republic florida
Conversation than giving any formal remarks. Let me just provide a little bit of an introduction. Obviously, over the last couple of months, most of the oxygen in this town has been consumed with two things one, the Government Shutdown and the possibility of default that was ultimately resolved; and the second has been the rollout of the Affordable Care act and the fact that my websites not working the way its supposed to. And its entirely legitimate that those have been issues of great concern. The impact of the shutdown and the threat of default, i think, not only did some significant damage to the economy at a time when we didnt need self inflicted wounds, but it also spoke to some of the larger problems weve seen here in washington and the sense of dysfunction and the seeming incapacity of both parties in congress to Work Together to advance an agenda thats going to help us grow. With respect to the Affordable Care act, i think people are legitimately concerned because we have a ma
Large Company Startup services who, wrote a letter to the fcc last month arguing that the commissions rules should protect users and Internet Companies on both fixed and mobile platforms against blocking, discrimination and pay prioritization and, mr. Chair, i ask for unanimous consent to submit this letter for the record. Without objection. So ordered. So, thats, an example of folks feeling like we have a competitive environment today where they have been able to thrive and innovate and wanted to make sure we continue to maintain that. So, with that, mr. Chair, i yield back. Thank you very much. Well now recognize mr. Smith. Thank you, mr. Chairman. Thank you for holding this hearing. I think it is important that we examine the importance of the antitrust laws. They can play in the discussion of the internet and particularly Net Neutrality debate. My first question is for mr. Mcdowell. How would additional regulation impact small and midsized internet providers . There is evidence in
Interview. Qwest good morning. I am erik schatzker. Qwest i am stephanie ruhle. A lot of news this morning. There is also breaking news in the housing market. Economistsless than expected. The negative news turns out to be a positive area lets bring in Michael Mckee in the headlines. Class i am not sure this is as positive as the spin could be. Youre right that the forecast is for one percent and home sales fell by two senate 2 10 of one percent. This is margin were supposed to see housing pickup. This is not necessarily great news. Homes unchanged. You coulds good news, say it is the supply coming online. Ordinarily, that would not be great news. Is suppliesseeing shortages. It is better we have homes for sale. Ok. I want you to stick around and bring in a special guest. How concerned are you that people are not feeling very good about this in the start of spring. They do not like these numbers. As i do not know if this is good news were not. Forecast. 6 million we came in at 4. 59 so