For centuries and seen the river carved up over time. The colorado is now the most endangered river in america. Despite record drought, the water is being used at the same rate as ever by industry and major cities across the west. I think it goes back to the values of american governance. How Unsustainable Development has been in this country and continues to be unsustainable. If the law of god was in place, the law of god says the waters gonna flow downhill. But what did we do . We put a dam here, there, there, and use it to push the water. Making it flow uphill. Phoenix should have never been developed. Tuscon should have never been developed. As fears rise about the water running out, were taking a journey down the colorado to find out who really controls this river and why in a time of crisis theyre taking more water than it can supply. What does that look like 50 to 100 years from now . I worry about the future generations. What are they gonna have . Were paying our lives for that
A year earlier. Chinas Producer Price index dropped more than 6 . 43rd straight month of declines. Delaying its plan amid market volatility and four of the five companies that have gone public priced offerings below their expected range. Two ipos to watch today. First data and super market chain are both scheduled to price this afternoon but of course already starting to see cracks in the ipo market. Well see where those two go. Shares of sandisk jumping this morning. The flash Memory Company hired a bank to explore a sale of Micron Technology and Western Digital said to be in talks with sandisk. Merger is going through. Well talk about that. But is it the end or the beginning . Were getting closer to the end. But its frothey. These are 60 and 100 million deals too, right . I would argue all being done by companies that have weak fundamentals and thats the scary part. The question though, theyre slightly more rational than the deals at the real end of the bubble which is to say the pie
Margo jefferson recalls growing up among the black elite in america, will haygood on Justice Thurgood marshall. Booktv. Org for a complete schedule, and a reminder to follow us on twitter, facebook and instagram for updates all weekend. Booktv, 48 hours of nonfiction books and authors. Television for serious readers. Now, we kick off the weekend with two authors in a mock trial from freedom fest, a libertarian conference. Robert kuttner defends the Federal Reserve, and Robert Murphy prosecutes it. Lisa kennedy montgomery, host of kennedy on fox business, acts as the judge. Hear ye, hear ye, freedom fest court is now in session for this trial about the most important subject of our lives, money. [laughter] and how the governments central bank, the Federal Reserve, influences our lives every day. Judge kennedy is presiding at this hearing. All rise [cheers and applause] lets hear it. Hello, everyone. How are you . Ladies and gentlemen, members of the jury, we are gathered here in this Gr
Lets hear it. [applause] hello everyone how are you ladies and gentlemen we are gathered here in this great sovereign state to talk about the faith of the countrys banks, the Federal Reserve. We hope to discover whether the Federal Reserve kept its promise to provide a healthy economy system, full employment, stable and a lender of last resort or is it responsible for the series of the banking crisis and loss of purchasing power of the inflation in average citizen is this economy more stable or is it less stable because of the existence and did and did the fed exacerbate the crisis of 2008 or keep it from getting worse . Are we better off without the fed and if so what shall we replace it with, shall we go back to the classical standard of gold, and can i have been a plus for the classical Gold Standard . [applause] we hope to find out the answers to this most important issue and representing the defense today professor is the cofounder and coeditor of the american prospect magazine an
Freedom fest is now in session for the trial of the most important subject of our lives, money, and thousand Federal Reserve implements our lives every day. Judge kennedy is presiding at this hearing. All rise. [applause] lets hear it. Hello, everyone. How are you, ladies and gentlemen, members of the jury, we are gathered here in the state of nevada to decide central beng bank federal preserve to provide a healthy economy and Banking System, stable prizes and a lender of last resort or is it responsible for a series of banking crises and lost of purchasing power of the very engine of enflaicion. Inflation. Is this economy more stable or disstable . Did the fed keep it from getting worse. They must decide this are we better off without the fed and if so what shall we replace it with. Shall we go back to the classical Gold Standard. You love gold . Can i hear a little bit of applause for Gold Standard. Representing the reserve, professor, lets hear it. Big fan, big fan. [applause] thats