Cato Event Podcast

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

The most publicized bailout of the financial crisis was the TARP bill that provided capital injections to a wide range of banks. But most of the assistance to financial firms was provided through a less publicized set of emergency lending programs authorized by Section 13-3 of the Federal Reserve Act. This emergency lending authority supported the Fed’s rescue of AIG, a massive set of guarantees for Citibank, which would have failed without them, and an alphabet soup of lending ‘facilities’ that supported a small set of Wall Street dealers with almost unlimited cheap credit for a period of years.When Congress examined this issue during the Dodd-Frank Act, they placed new limits on emergency lending that are contained in Section 1101 of the legislation. These limits are clearly intended to limit 13-3 lending to programs that are truly broad based (as opposed to bailing out a small set of insider Wall Street institutions) and to exclude the use of the program for bailouts of institutions that are actually insolvent. Join us as we discuss whether Dodd-Frank’s limitations to the Fed’s 13-3 powers went too far, or not far enough.11:30 a.m.–12:10 p.m.Panel 1: A Policy PerspectiveModerated by: Ylan Mui, Washington PostMark Calabria, Cato InstituteMarcus Stanley, Americans for Financial ReformPhillip Swagel, University of Maryland12: 15 – 12:45 p.m.Panel 2: A Congressional PerspectiveModerated by: Mark Calabria, Cato InstituteSenator David Vitter (R-LA)Senator Elizabeth Warren (D-MA) Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

By returning the focus of the Catholic Church to the plight of the poor, Pope Francis has become much loved and admired. His prestige and influence is commensurate with his humanity and humility. But is Francis right about capitalism and its consequences? Is it true that capitalism is a form of exploitation that leads to poverty and inequality? Or is it the only proven way of dramatically reducing poverty and, even, achieving unprecedented material abundance? Please join our distinguished panel for a discussion of Pope Francis’s economics, and the Papal interpretation of economic history and the state of the world. Hosted on Acast. See acast.com/privacy for more information.

Without congressional reauthorization, E-Verify, the electronic employment eligibility verification program, will sunset on September 30. E-Verify is intended to screen illegal immigrants out of the job market by turning off the “jobs magnet” that attracts them to American soil.Many policymakers want to mandate E-Verify as part of an enforcement-only immigration policy. But its high error rate will delay or prevent employment for many current U.S. citizens, legal immigrants, and migrant workers. Furthermore, E-Verify is incapable of meaningfully locking unlawful immigrants out of America’s job market. If E-Verify is ever made permanent, and its inadequacy in stemming the flow of illegal migrants made apparent, the likely outcome will be the creation of a biometric identification system capable of regulating our lives in areas far outside of immigration enforcement. Join us for a discussion of E-Verify and its many perils. Hosted on Acast. See acast.com/privacy for more information.

The Magna Carta was a milestone that circumscribed the power of the sovereign for the first time in human history. In his new book, distinguished British historian and television personality David Starkey looks at the origins of the Great Charter in the 13th century, its significant early revisions, and the ways in which it has been interpreted and reinterpreted by subsequent generations. Starkey explains how core principles of this quintessentially English document migrated to the North American colonies and eventually became the cornerstone of the U.S. Constitution. He also explores how the Magna Carta indirectly led to the enshrinement of human rights in such documents as the Bill of Rights. Please join us for a discussion of the past and current state of constitutional politics in the western world—including the assault on our freedoms by the proponents of multiculturalism and political correctness. Hosted on Acast. See acast.com/privacy for more information.

It has long been a public policy goal—and social ideal—to bring black and white children together in the same schools. It is a goal, however, that has not been met. In this forum we will discuss several reasons for this, including federal policies that have all but assured segregated housing and, hence, segregated public schools. We will also look at potential ways to solve these problems that are both ambitious and realistic about what can be accomplished. We hope you’ll join us for this crucial conversation. Hosted on Acast. See acast.com/privacy for more information.