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War on the poor. My district is also very low income. Manufactured housing is a big deal. 50 of the homes in my district are manufactured housing. And yet, the policies really made it very difficult for banks to lend on that. I suspect that your staff has made known to you that these pressures exist. Have you all discussed that in any greater detail that wed need to look out for the people on the low end of the income spectrum . Well, qm was a policy adopted by the Consumer Financial protection bureau. I think they are trying to address a set of practices that resulted in unsafe and unsound okay. Well, thank you. Lending. But it is very important to monitor their impact on credit availability. One of the reasons that weve been able to get by with a qe is that were the worlds reserve currency. Has the fed thought at all about whats going to happen when more nations are expressing discontent that were printing money and were dev ....
Author of big, hot, cheap and right, and what america can learn from the strange genius of texas. [inaudible conversations] good morning. Im glen, the directer of the school of journalism at the university of texas at austin. I welcome you. Theres two superb authors here to morning to talk about the state of the union where we went wrong. We have 45 minutes, but could spend 45 hours on this. We better get rolling. Ill introduce the writers, ask questions, and i turn it over to you. I want to remind you when the session ends, two authors go to the signing tents, and theres a place to buy copies of the books and take them to the tent and have them signed. Follow us out when we leave. To the left, george packer, staff writer for the new yorker magazine, author of asass sins gate, named one of the ten best books of the year by the New York Times, written two novels and two Nonfictio ....
Sailboat races, and the big competition at the time was between the u. S. And the soviet union. I mean, and hed been in world war ii which was, which was another big battle against this totalitarian, evil empire. Its one of these things, you dont even need one of those cell phones or, you know, magic ear sticks, you know . You just go around and they press a button, and you walk into the room and you hear her voice. And each room of that house, shes talking about some sort of, you know, they live near the catholic church, and she liked to go there with the kids every day so that they saw that mass wasnt just for sundays, and, you know, theres a picture of mary and jesus in the bedroom where kennedy was born, and theres a picture of the vatican in the dining room. And he made these speeches about godless, evil capitalism at notre dame and at assumption which are catholic colleges. And, you know, he could say, well, he wanted he was pandering to the catholic audience or the catholic vote ....