The first i guess is a little disturbing that it is a story leading up to the civil war when the nation was very clearly divided into two political camps. We live in a politically divided time, although i dont want to imply we are headed for civil war. I dont know what we are headed toward, but there is resonance in the way we have red and blue states today. There were northern and Southern States then that were fundamentally divided over this giant issue of slavery. There are other things. The 1840s and 1850s was a time of enormous technological and economic change. Particularly in the news media, the development of the telegraph came in 1834. Within a few years of the invention of the telegraph, cities east of the mississippi were connected and there was National Conversation which becomes part of the story i tell. It turns out these communication devices that were designed to bring people closer together drove them farther apart. They were horrified by what people on the others were
Ive got another one for you. 25 million of us were indeed out and about over the last two weeks and that is a big increase. Its not back to normal but we are coming out of the total lockdown. Dead on arrival. Thats the speakers 3 trillion spending plan. It would have encouraged staying at home. It would have bailed out the Postal Service. It would not have provided any Liability Protection for businesses. It was a votebuying scheme. Thats my opinion. Thank heaven its dead. Now this. Fed chair powell is speaking right now. This is the man who is in charge of printing money so whatever he says is important and it can move the markets. Edward lawrence is with us. Whats the headlines, edward . Reporter yeah, stu, the Federal Reserve chairman saying right now we are in the worst recession since world war ii. He says that this is a severe decline of Economic Activity and that job gains over the past decade have been erased. He says the coronavirus is the largest shock in history. Hes talking