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Good evening, everyone, and thank you for joining us for this discussion. For those of who are do not know and theres a lot you but i do know im below Senior Vice President here with the bypass and policy center. There are those who work in government and then there are those who make government work. And i James Lockard is is the latter. He has made government just listen to this list of positions. Director of the federal Housing Financing agency its predecessor, the office of federal housing enterprise as oversight chairman of welfare. Also member of the financial oversight board, deputy and...

President here with the bypass and policy center. There are those who work in government and then there are those who make government work. And i James Lockard is is the latter. He has made government just listen to this list of positions. Director of the federal Housing Financing agency its predecessor, the office of federal housing enterprise as oversight chairman of welfare. Also member of the financial oversight board, deputy and principal commissioner and chief operating officer. The Social Security administration. Executive director of the pension benefit guaranty corporation. Out of gov...

Think. Broken can the senate save itself and the country . And im just curious what is your conclusion to that question . Guest tom first of all im thrilled to have a conversation with you. When cspan told me that you were going to do it i felt like i had won the lottery, to see an old friend but also a great senator and Senate Leader and an author too on this subject. They can get much better than that. Host thank you. Im flattered. Guest the easy answer is that the jury is still out on how its going to go. What i tried to convey in the book was first the senate has declined over long period ...

The books title is intriguing, the broken, can the senate save itself in the country. Im curious, what is your conclusion to that question. Tom, first of all, im thrilled to be having a conversation with you. When cspan told me you were going to do it, i felt like i had won the lottery. To see an old friend but also also great senator and Senate Leader and an author on this subject. You cant do much better than that. Thank you. I am flattered. The easy answer is that your jury is still out on how it will go. When i tried to convey in the book was, first that the senate has declined over a long...

Losses. Former dean of Golden Gate University school of business and wall Street Investment banker Terry Connally says much of this was preprogrammed trading taking its cues from asia and europe despite the fact that the u. S. Economy is actually doing pretty well. Its because in part that about twothirds of our market volume is accounted for by computerdriven computerral go rhythms. Whether the economy can deal with the sophisticated fixes needed to stop the hemorrhaging in china. Until they have a game plan to deal with erosion of confidence in both the chinese economy and in the chinese aut...