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John McCain: Roundtable 09/30/08

2008-11-01T03:32:49Z

John McCain
Roundtable
Des Moines, IA 09/30/08

TRANSCRIPT:
TOM GODLASKY: One of the items out there that has been raising questions is, the market to market of the balance sheets. Conceptually, its not a bad idea, but to market-to-market you need two sides of a market. If you dont have one where the liquidity is driving up, you get then, these depressed prices which could have a domino effect. Any thought of what that might mean from your perspective?

JOHN MCCAIN: Theres many people who believe that market-to-market has made the difficulties even more daunting, in trying to make a recovery, and yet, we want to avoid some of the errors of the past, which gave people the false sense that one of these corporations or businesses had more assets and more liquidity then they did before, then they actually did. One of the ideas is a three year average. Have you heard that proposal? And I wonder what your view of that is, because we dont want to tell the American people that the true facts, that the value of any asset is being either undervalued, overvalued. Overvalued is the reason why we adopted it in the first place, as you know.

GODLASKY: Senator, I think it has merit, because even in times of duress like now, where its undervaluing, if there were inflated prices it would overvalue. So to get some sort of rolling three year average, or what have you, I think it has some merit. I think it could be investigated, and I think what were all trying to avoid is those unintended consequences of either or. Either an inflated balance sheet, or conversely, one that is depressed, which could exasperate a problem that we already have.

MCCAIN: And also, I would add, there has to be much greater transparency associated with any measure of this nature, because people are going to be understandably skeptical about it. But I certainly hear a lot about it, were discussing it, I think that it ought to be one that is considered in this.

LABEL: JM IA 09-30-08 (RAD#8) G ClipH - LS

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Re: Timbaland - The Way I Are OFFICIAL MUSIC VIDEO

2008-11-01T09:29:57Z

Video Cam Direct Upload

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Steve Forbes Argues for a Flat Tax

2008-10-31T21:29:53Z

Complete video at: fora.tv

Forbes Magazine Editor-In-Chief and two-time Republican Presidential candidate Steve Forbes slams U.S. tax codes as inefficient and overly complicated, and argues for the implementation of a national "flat tax" to replace the current system.

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Leading economic prognosticator, Steve Forbes says the upcoming presidential election is the most critical since 1980. At that time, Ronald Reagan defeated incumbent Jimmy Carter, ushering in dramatic new policies that would set the course of this country for the next quarter-century.

What course does Forbes believe the country should take to end the current credit crisis? Will he promote a flat tax, medical savings accounts and a new Social Security system as he did for his 1996 and 2000 presidential platforms?

Join us as we discuss what's next for the U.S. economy - The Commonwealth Club of California

Steve Forbes is President and Chief Executive Officer of Forbes and Editor-in-Chief of Forbes magazine.

Since Mr. Forbes assumed his position in 1990, the company has launched a variety of new publications and businesses. They include: Forbes FYI, the irreverent lifestyle supplement; Forbes Global, the magazine's international publication; and Chinese, Korean, Japanese, Brazilian, Russian, Arabic and Hebrew editions of the magazine. Forbes also publishes the Gilder Technology Report, as well as a number of investment newsletters.

In 1997 Forbes entered the new media arena with the launch of Forbes.com. The site now attracts over seven million unique visitors a month and has become the leading destination site for business decision-makers and investors.

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Steve Forbes - The Weak Dollar and the World Economy

2008-10-31T21:29:42Z

Complete video at: fora.tv

Forbes Magazine Editor-In-Chief and two-time Republican Presidential candidate Steve Forbes argues that a strong, stable dollar is crucial for the U.S. economy, and examines how business innovation can encourage U.S. competitiveness in the global economy.

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Join us as we discuss what's next for the U.S. economy - The Commonwealth Club of California

Steve Forbes is President and Chief Executive Officer of Forbes and Editor-in-Chief of Forbes magazine.

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Susan Davies fights to save her friend from deportation

2008-11-05T14:22:42Z

Ansar Mahmood couldn't believe his luck. He won a greencard lottery to live in United States.

He worked hard as a pizza delivery man to support his family and educate his sisters back home in Pakistan. But all this changed after he asked someone to take his picture in the Catskills. Before he knew it, he was facing detention and deportation all for signing a lease
.
Susan Davies of the Chatham Peace Initiative was an ardent supporter and close friend of Ansar. Listen as she tells her uphill battle to keep him in the Unted States.

Breakthrough

www.breakthrough.tv

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Agatha Joseph

2008-11-05T14:22:42Z

Agatha Joseph: A mother's battle to get her daughter out of detention

How does a mother feel when her child could be exiled forever? Agatha Joseph, unfortunately knows this all too well. She and her 16-year-old daughter were green card holders who had made their lives in the United States. Everything changed when her daughter smoked a joint and got into trouble. But when they paid the fine, they thought their troubles were over.

When her daughter came back from a vacation in the Carribean years later, she faced mandatory detention and deportation proceedings for the same marijuana violation she received when she was younger.

Agatha fought for years to get her youngest child out of detention. Watch her heartbreaking story.

Breakthrough

www.breakthrough.tv

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Through Thick and Thin: Immigration and Gay Couples

2008-12-01T16:50:10Z

Breakthrough interviewed Sebastian Cordoba on his new film, "Through Thick and Thin," a documentary about the immigration struggles for lesbian and gay couples in America.

The film explores the lives of ten couples that are facing the hurdles imposed upon them by the U.S immigration system. There is currently no legal way to sponsor your foreign born partner, As a result, couples formed during a temporary stay are doomed from the start.
After the interview, catch a sneak peak of the trailer, where we meet Mark and Fred. They are desperately trying to hold on their family, relationship, and the lives they have built together in the U.S.
This is just one couple, but there are many others.

Breakthrough

www.breakthrough.tv

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David Cay Johnston - A Moral Argument for Progressive Taxes

2008-10-17T09:30:12Z

Complete Video at: fora.tv

Author David Cay Johnston discusses the history of progressive taxation, and argues that these policies are inherent to a democratic government.

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Since 1995 when David Cay Johnston turned his investigative reporting skills to explore the murky waters of tax law, Some tax policy officials now consider him, as one tax law professor put it, "the de facto chief tax enforcement officer of the United States."

Johnston will detail how a strong and growing economy lends itself to job uncertainty, debt, bankruptcy, and economic fear for a vast number of Americans. As tax season draws to a close, come find out who is getting a free lunch and who is picking up the bill - The Commonwealth Club of California

David Cay Johnston was an investigative journalist for The New York Times now focusing on the subject of taxation. He accepted a buyout offer from the Times in April 2008 and is now an independent reporter.

He most recently published Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense and Stick You With The Bill, about hidden subsidies, rigged markets, and corporate socialism. It follows Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich - and Cheat Everybody Else, a New York Times bestseller. Johnston received the 2001 Pulitzer Prize for Beat Reporting "for his penetrating and enterprising reporting that exposed loopholes and inequities in the U.S. tax code, which was instrumental in bringing about reforms." He also won the Book of the Year award from Investigative Reporters & Editors.

Robert Saldich is the Chair of the Board of Governors at The Commonwealth Club in San Francisco, CA.

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David Cay Johnston - Problems with a "Fair Tax"

2008-10-17T13:33:03Z

Complete Video at: fora.tv

Author David Cay Johnston criticizes plans to replace income taxes with a "fair tax," otherwise known as a national retail sales tax.

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Robert Saldich is the Chair of the Board of Governors at The Commonwealth Club in San Francisco, CA.

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Being Seen

2008-12-01T16:38:02Z

http://www.illdoctrine.com

Some thoughts on that last video, before we return to regularly scheduled programming.

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Jim Wallis Debates Richard Land

2008-12-01T16:52:38Z

Jim Wallis of Sojourners (www.sojo.net) debates Richard Land at the 'Values Voters' Conference hosted by the FRC

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The Dollar vs The Euro

2008-10-28T11:19:52Z

Complete video at: fora.tv

Tom Campbell, Dean of UC-Berkeley's Haas School of Business, discusses the weakened U.S. Dollar's relationship to the E.U.'s Euro.

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The Annual Bank of America Walter E. Hoadley Economic Forecast with Tom Campbell.

As we enter 2008 with a volatile stock market and a real estate crisis, what's essential to know about the economy for the year ahead? Former member of Congress and Haas Business School Dean Campbell helps us navigate uncertain economic waters in the annual forecast - The Commonwealth Club of California

Tom Campbell is the thirteenth dean of the Haas School of Business, a position he has held since August 2002. He formerly held positions of US Congressman, California State Senator, Stanford University law professor, and, recently, California's Director of Finance.

In December 2004, Dean Campbell took a one-year leave of absence from the school after being appointed by Governor Arnold Schwarzenegger to be director of the California Department of Finance. He returned as dean of the Haas School in November 2005.

Prior to joining the Haas School in 2002, Dean Campbell was a law professor at Stanford University Law School for 19 years, beginning in 1983. He was elected five times to represent the Silicon Valley area of California in the United States Congress. Among his legislative achievements were authorship of the 1998 Food Bank Relief Act and the 2000 Peace Corps Reauthorization Act.

Campbell also was elected as a California state senator in 1993. During a two-year term, he earned ratings by the Sacramento-based "California Journal" as the most ethical state senator, the best overall senator and the state Senate's best problem solver.

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gorilla cadbury advert (remake)

2008-10-24T03:30:10Z

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