| 00:00:15 |
Unidentified Speaker, -
PLEASURE TO WELCOME MICHAEL HILTZIK WHO IS HERE TO DISCUSS HIS LATEST BOOK "THE NEW DEAL: A MODERN HISTORY". HE IS FROM COLGATE UNIVERSITY WITH AN...
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| 00:02:05 |
Unidentified Speaker, -
YOU FOR THAT KIND INTRODUCTION. THANKS TO ALL OF YOU FOR COMING OUT TONIGHT. I HAVE BEEN SAVED BY TIVO. WE ARE ALL HERE TONIGHT FOR WHAT SHOULD BE A...
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| 00:15:31 |
Unidentified Speaker, -
HIS ERA JUST AS BARACK OBAMA'S POLITICAL COMPROMISES OUTRAGE HIS PROGRESSIVE FOLLOWERS TODAY. THINK ABOUT THIS; THE SECURITY ACT OF 1934 WHICH GAVE...
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| 00:33:55 |
Unidentified Speaker, -
BACK. >> UM, DO YOU
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| 00:34:00 |
Unidentified Speaker, -
CONCUR WITH THE IDEA OVER TIME THAT THE NEW DEAL, FDR SAVED CAPITALISM? >> THE QUESTION IS DO I
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| 00:34:07 |
Unidentified Speaker, -
CONCUR WITH THE IDEA THAT FDR SAVED CAPITALISM. THAT'S A VERY INTERESTING QUESTION BECAUSE, IN FACT, I THINK THAT'S WHAT FDR HAD IN MIND. THERE WERE...
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| 00:34:46 |
Unidentified Speaker, -
YES. IN 1934 THE LEGISLATION, THE LEGISLATION PASSED THAT LED TO THE GOLD CONFISCATION THIS 1934, ALSO ESTABLISHED THE EXCHANGE STABILIZATION FUND....
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| 00:34:57 |
Unidentified Speaker, -
YES. WELL, IN 1934 I THINK WHAT YOU'RE TALKING ABOUT WAS THE ABROGATION OF THE GOLD CLOTHS IN CONTRACTS. >> BUT IT ALSO SET UP
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| 00:35:09 |
Unidentified Speaker, -
THE ESF, THE EXCHANGE STABILIZATION FUND. >>
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| 00:35:12 |
Unidentified Speaker, -
RIGHT. >> WITH I'M DOING RESEARCH
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| 00:35:14 |
Unidentified Speaker, -
RIGHT NOW FOR A SEQUEL TO INSIDE JOB, AND THIS IS SOMETHING THAT'S COME UP, AND IT'S QUITE TOUCHING. >> I DON'T KNOW AS MUCH
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| 00:35:22 |
Unidentified Speaker, -
ABOUT THE EXCHANGE STABILIZATION AS I DO ABOUT THE GOLD CLAUSE WHICH WAS A CONTROVERSIAL STEP, AS I'M SURE YOU KNOW. ESSENTIALLY, THE OUTFLOW OF GOLD...
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| 00:37:12 |
Unidentified Speaker, -
IS. EXCUSE ME. HAROLD, YOU'VE MENTIONED THAT BEFORE, HE'S A VERY IMPORTANT FIGURE THROUGHOUT THIS ENTIRE ADMINISTRATION. IN "COLOSSUS" YOU PRESENT...
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| 00:37:36 |
Unidentified Speaker, -
BEHAVIOR IN CONNECTION WITH HOOVER DAM ARE YOU TALKING ABOUT? >> WELL, THINGS LIKE
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| 00:37:40 |
Unidentified Speaker, -
DEMANDING THAT IT BE CALL BOULDER DAM INSTEAD OF HOOVER DAM, ALL THAT KIND OF STUFF. >> ALL
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| 00:37:45 |
Unidentified Speaker, -
RIGHT. WELL, THAT'S THAT -- HAROLD, AS THE LADY POINTS OUT, HE WAS FRANKLIN ROOSEVELT EAT INTERIOR SECRETARY, AND HE WAS THE MAN WHO TOOK HOOVER'S NAME...
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| 00:39:44 |
Unidentified Speaker, -
SOMEBODY? >> THIS GENTLEMAN RIGHT
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| 00:39:46 |
Unidentified Speaker, -
HERE. >> IF, I DON'T KNOW IF
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| 00:39:49 |
Unidentified Speaker, -
YOU'VE DONE ANY READINGS ON PATRICK MOYNIHAN'S DISCUSSIONS AND STUDIES ABOUT SOCIAL SECURITY, BUT IF HE WAS ALIVE TODAY, WHAT ARE SOME OF THE THINGS...
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| 00:40:24 |
Unidentified Speaker, -
OF COMPLEXITIES ABOUT SOCIAL SECURITY. DANIEL MOYNIHAN WAS, IN FACT, A MEMBER OF THE GREENSPAN CHITION IN 1982 THAT SAVED SOCIAL SECURITY WHEN IT TRULY...
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| 00:41:30 |
Unidentified Speaker, -
PASS IT. THANKS. >> THE INFLUENCE OF THE
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| 00:41:34 |
Unidentified Speaker, -
SUPREME COURT DURING THE ADMINISTRATION OF FDR'S IS INTERESTING. BUT ONE OF THE MORE INTERESTING THINGS TODAY HAS BEEN THE SUPREME COURT DECISION TO...
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| 00:42:03 |
Unidentified Speaker, -
AGREE. >> --
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| 00:42:05 |
Unidentified Speaker, -
THE INFLUENCES ARE GOING TO BE SIGNIFICANT. CAN YOU EXPAND ON YOUR THOUGHTS AND WHERE THAT'S GOING TO
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| 00:42:10 |
Unidentified Speaker, -
GO FORWARD? >> >> WITH, THE
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| 00:42:12 |
Unidentified Speaker, -
GENTLEMAN'S TALKING ABOUT, I THINK, THE CITIZENS UNITED RULING AND MAYBE SOME OTHERS THAT REALLY OVERTURNED RESTRICTIONS ON CORPORATE SPENDING. I THINK...
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| 00:44:44 |
Unidentified Speaker, -
OF MY EXPERIENCE IN IN THE NEW DEAL AND BEFORE. >> SPEAK
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| 00:44:52 |
Unidentified Speaker, -
LOUDER? >> I WAS BORN
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| 00:44:55 |
Unidentified Speaker, -
IN 1926. WE DID VERY WELL. MY FATHER WAS A MANAGER IN A DEPARTMENT STORE IN CANTON, OHIO. WE LIVED ON RIDGE ROAD WHICH OVERLOOKED THE RAILROAD TRACKS....
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| 00:45:58 |
Unidentified Speaker, -
PEOPLE. >> YEAH. SO THERE'S A CHAPTER IN MY BOOK ABOUT WHAT WAS ON THIS FEDERAL RUN, WHICH WAS THE ARTS
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| 00:46:04 |
Unidentified Speaker, -
PROGRAM. >> RIGHT. >> NOW, 20 YEARS LATER I WAS
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| 00:46:10 |
Unidentified Speaker, -
A PHYSICIAN WORKING IN HARLAN COUNTY, KENTUCKY, BLOODY HARLAN, AND I HAD TO GO UP THE THREE C ROAD, BUILT BY THE CIVILIAN CONSERVATION CORPSES. AND...
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| 00:47:10 |
Unidentified Speaker, -
YOU POINTED OUT IT WAS THE CCC THAT ACTUALLY BROUGHT THOSE -- AND THAT EAT ONE OF THE GREAT ACHIEVEMENTS OF THAT PARTICULAR PROGRAM. YES. >> THANK
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| 00:47:27 |
Unidentified Speaker, -
YOU. HAVE YOU READ AMITY SHLAES' REVIEW OF YOUR BOOK IN THE JOURNAL? >> YES,
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| 00:47:33 |
Unidentified Speaker, -
I HAVE. >> DO YOU HAVE ANY
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| 00:47:35 |
Unidentified Speaker, -
COMMENTS? >> OF COURSE, I WAS
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| 00:47:37 |
Unidentified Speaker, -
FAMILIAR WITH HER BOOK, AMITY SAYS IS A CONSERVATIVE WRITER WHOSE BOOK ON THE GREAT DEPRESSION IS CALLED "THE FORGOTTEN MAN." AND IT'S, BASICALLY, A...
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| 00:48:31 |
Unidentified Speaker, -
IT TAKE YOU TO RESEARCH AND WRITE THE BOOK, AND WHAT ARE YOU PLANNING TO DO NEXT? [LAUGHTER] >> IT TOOK ME THE WHOLE
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| 00:48:38 |
Unidentified Speaker, -
PROJECT TOOK PROBABLY A LITTLE BIT MORE THAN THREE YEARS. AND MY NEXT PROJECT IS GOING TO BE SOMETHING VERY DIFFERENT WHICH IS GOING TO BE A LOOK AT...
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| 00:49:00 |
Unidentified Speaker, -
THE NATIONAL PARKS IN THE WESTERN STATES, AND WHAT'S REALLY AMAZING ABOUT THE NATIONAL PARKS IS A TREMENDOUS AMOUNT OF WORK WAS DONE AS A RESULT OF...
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| 00:49:41 |
Unidentified Speaker, -
THEY WERE THE PRODUCT OF A LOT OF -- AND I THINK IT'S BEEN POINTED OUT HERE. INCLUDING THE CCC AND THE WPA WHICH FOCUSED ON SMALLER SCALE PROMPTS...
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| 00:52:12 |
Unidentified Speaker, -
IF YOU MIGHT BE ABLE TO SPEAK TO THE POLITICAL COMPARISON AGAIN BETWEEN THEN AND NOW? YOU MADE SOME OF THE OX VEGASES THAT THINGS WERE -- OBSERVATIONS...
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| 00:52:51 |
Unidentified Speaker, -
WELL, RIGHT. AS I SAID, THERE WERE POLITICAL SIMILARITIES AND POLITICAL DIFFERENCES. ROOSEVELT BY NO MEANS HAD AN EASY TIME OF IT EVEN THOUGH HE CAME...
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| 00:56:01 |
Unidentified Speaker, -
OR INFAMOUSLY SAID THAT GOVERNMENT IS NOT THE SOLUTION TO THE PROBLEM, GOVERNMENT IS THE PROBLEM. I WONDER IF YOU MIGHT COMMENT ON THE NOTION THAT...
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| 00:56:33 |
Unidentified Speaker, -
ANY DOUBT. I DON'T THINK THIS IS ANY DOUBT AMONG HISTORIANS, HISTORIANS OF THE RECENT PAST THAT THAT'S CORRECT, THAT IT WAS REAGAN WHO DID CRYSTALLIZE...
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| 00:58:42 |
Unidentified Speaker, -
FOR TWO MORE QUESTIONS. >>
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| 00:58:44 |
Unidentified Speaker, -
OKAY. GENTLEMAN IN THE BACK. >> I'M
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| 00:58:47 |
Unidentified Speaker, -
JUST CURIOUS, WHY DO YOU THINK FDR SPENT TEN YEARS SAYING NO TO THE ASPIRATION OF AFRICAN-AMERICANS AND SAID YES TO EVERY REACTIONARY SOUTHERN CHAIRMAN,...
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| 00:59:03 |
Unidentified Speaker, -
THINK THERE'S -- I DON'T THINK THERE'S MUCH HU RI IN THAT. I THINK ROOSEVELT WAS QUITE EXPLICIT ABOUT IT. HE RECOGNIZED THAT THE SOUTHERN BLOC, PARTICULARLY...
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| 01:02:31 |
Unidentified Speaker, -
YES. THE POINT WAS RAISED ABOUT ELEANOR ROOSEVELT. HOW INFLUENTIAL WAS SHE IN REGARDS TO THE NEW DEAL AND THE POLITICS INVOLVED? >> WELL, IN MOST...
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| 01:02:44 |
Unidentified Speaker, -
SHE WAS -- THE QUESTION IS ABOUT ELEANOR ROOSEVELT ANDER INFLUENCE -- AND HER INFLUENCE ON THE NEW DEAL. IN MOST RESPECTS WE HAVE TO SAY HE WAS A PERIPHERAL...
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| 01:06:05 |
Unidentified Speaker, -
ADMINISTRATION. >> THANK YOU. >> THANK YOU FOR
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| 01:06:07 |
Unidentified Speaker, -
COMING. [APPLAUSE] >> FOR MORE INFORMATION AND
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| 01:06:14 |
Unidentified Speaker, -
TO READ THE AUTHOR'S COLUMN, VISIT LATIME.COM AND SEARCH MICHAEL HILTZIK. >>
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.