tv Q A CSPAN November 23, 2009 6:00am-7:00am EST
i have not seen you since then. what have you been doing. >> i guess i'm a her mit. i was thinking about all the things we talked about back then. even back then, i was mostly interested in issues like international monetary reform. i was turning working mostlyó7ú the soviet union. my husband and i live on a farm, just the right distance from washington, about an hour and 20 mounts. my personality is to just hideaway in my little-ons office in my xouter. >> we are going to show some of the past interview we did. before we did that, let's go through some basics.
where were you born? >> los angeles. where did you go to school? >> in the value. i'm really kind of the classic valley girl of los angeles. >> what kind of a family was it? >> great family. five kids. mom, very traditional, wonderful, stayed at home. i thought it was sort of glam rows that my dad went out the door with a broef case. >> i know you got a phd from the university of ut? >> 1981. i went two years to ucla, i left home, wednesday police officer portland state university, which i quickly found out when you are paying for college yourself, i
started working. that's when i got serious. from then on i was a very serious student. i was offered a job at payne web shall that took me to stalt lake city. >> wrote a paper that some kindly professor decided was good enough to schmidt on my behalf to a competition i ended up getting a post doctor alá
money and then we are turning around and making loans to the soviet economy and supplying goo goods. it all become sort of a policy issue. this paper turned no a book with the title that was called "the coming soviet crash. it said on paper, this country is going bankrupt. it got interesting. >> i remember seeing you give a speech on this network in 1989, i thought it would be useful to lay things out the way gorbachev must be looking at them so that
we have an overall feel for the requirements, the cost and the sense of what is needed to get it off the ground. >> when we were doing the book show. we asked you to come. we visited for one hour. i want to show the audience and you several clips maybe what with youer talking about back then. on november 9, 1989. it was the fall of the wall. that was 20 years ago. let's see what you said back then. >> what do you think of the soviet union? >> i think it's an idea that went wrong. economically, i think it's doomed. i don't say that with glee. i've been to the soviet sof yet union for a couple of weeks.
i like it had very much. i was treated very nicely. i like russian language and literature. one problem with the book is that i've had this sense of people thinking that i want to so the soviet union to collapse. i don't like the sof yet government and the emphasis on military strength as its claim to scoop ever power status. i think it's misplaced. f >> i still like rish r russia. what they found out is you cannot remain a viable country and surpresident individual pursuit of prosperity.
it's funded by congress to the state department with an independent board. who runs it? >> the board and our staff. what we do is take grant money. approximately $110 million a year. we have over 1,000 projects. we never tell people in another country what they should be doing. we think the best formula for people is democracy.
that is fair elections, honest elections. rule of law, right to assemble. the nationalen downment is compris comprised. they represent the min party and labor sinter representing union. who nominated you for the board? >> i was asked by vin weber who was the chairman. who is the charm now? >> now gip eckhardt. they always make sure there's the same number of republicans and democrats. when the white house changes, they do change from chairman to
voice chairman to reflect the party in power does >> do they pay you? >> no. >> do they pay the chairman? >>, i don't think so. they come to us. they make sure they are legitimate and have what they need to comply with the requirement $. we do a lot of good in funding people willing to take the risk.
anyone who has ever been sin cal about government should talk to our grant ys give us one example of your e bees on four years. one of the great successes was ukraine. russia very much rented the work of ned -- ned helped support the group of the revolution. he said this will not stand. they just refused to leave the
harbor was bombed. everyone tried make their currencies cheap so that they would have an advantage when they sold in another country. we'll show leadership. the imf came out of that. they had one main job. it was to have a stable monetary system. fixed exchange rates. they would have to be fixed relative to the dollar.
it is also a society that pays attention to the fellow man. it brings to bear all of the forces of free markets. that's what i believe in. >> i vo not seen you on television. do you not do these shows for a reason? >> i think it is night to speak in depth. i don't think i'm a good sound bite purpose. >> do you avoid them on purpose. >> i don't avoid them but don't often %gsaccept.
the wall street journal has been great. i know we need strong political categories. i think i'm much more the kind who is sitting in jeans and t-shirt pounding away on my keyboard. i will sometimes come in and moat with snartz at the capitol and talk about where we are going as far as the dollar. i love to do that. david walker who used to run the
it's the kind of debt thomas jefferson was the last thing he would ever want to wish on this country. the burden is set by the government without the scomplesed permission. we elect the people we do. at some point, i think you can kill the goose that laid the golden egg. i can see where they say iechl dropping out, i'm going ton strike because the country doesn't appreciate the risk i
value. you don't have that basic foundation. >> and you are married to a banker? >> i am -- well, a former banker. lucky for me, got out of banking. he is a fellow farmer. this morning, he was up in a tree stand watching deer. didn't shoot any. it's a different life. it's not a washington life. >> you did spend time in mexico? >> yes. i taught at a dprad wat school
years from $150 to the one they ran a week or so ago, i got $600. you could not make a living. >> they ask forehow many words? >> 1200. let's listen to what you had to say. >> i've always liked the literature. i'm trying to memorize a day in the life. i have tape it's of his resiting his work. >> in russian and english.
putin i read what he has to say everyday. he has video of him self. russian and english. that's a good way. can you read it in both languages, watch the video. . you can get transcripts in english and russian. here's what you were doing at your hoax an hour from washington. >> we contracted with a gentleman that set up a saturday light system for columbia to listen in on soviet sell krigs
it involves a big dish and little computer. it is the satellite is not stationary. it keeps moving. the trick is to get a system that it follow it and track it. our disc now wired to this computer, does a little search about every 8:00 to gave us the from about 4:30 in the afternoon to 11:30 in the morning. and i get live soviet radio all day long i enjoy the language.
i don't plea tend to understand all of this. >> what happened to that system at your home? >> i presume the people who bought our house displant aled it. one time the military hospital just stayed near it, i'm sure, taking picture. i love to listen at a certain time everyday. they would go live and play the soviet anthem that came out of
world war ii is it was thrown out with the soviet union ended. it was brought back with nifrn sdifrn words. now in north virginia s, you with watch russia today. have you seen that? why are they doing that? >> russia today is is a state controlled broadcast. >> it looks a lot like our american station.
i think they tried copy fox news. you will find similar type stories as least the old is approach under the soviet union was to highlight the worst thing that happened in the u.s. if we had a natural they ran a huge feature last week explaining why 9/11 was faked and the u.s. knew it. they do it as investigative
journalism. i lf that we can choose to watch these things. the great thing was to have access to state controlled loads of information. you can learn a lot from that. i go first to voice of russia, which is also state controlled and the most critical of russia, they do try to do that. no. i'm happy. i think those stations should be vanl . you should also be listening to radio echo and some of the very few media outlets out of russia
that are genuinely free. it's the competitive media that gives you a chance for you to decide to hear the news and what's really happening. 20 years later, this country spent $700 million on defense. you can hear people say all the rest of the world's military combine doesn't add up to $700 billion. why are we now in the position of still being the strong military country and do you believe we should be that's still about 4% of our gross national product. they were probably devoting over 30%.
it was definitely i don't think americans with warmongers. i think we sort of slug our shoulders and say somebody has to did it. i think we would love it if nato would take on more of the burden in the end we find out that the rest of the world ends up looking to the u.s. to be the force for security. it's too bad. it's annaful burden. i think the american people are generous with their people to support it. most of the things we do aren't
krit sdiez the regulators in the last couple of years? >> i think that's totally misplaced. i am so tired of the criticism of wall street greed or predatory government. government interjected itself into the private market. when the government distorted the risk of fanny may, freddie mac security by sort of winking and saying these are guarantees. these are the same kind of financial bet. they multiply by 30 times over the financial mortgage. it was the government intervention in all of that. let's face it, financial and banking is one of the most
regulated industries you have. to suggest that people were greedy because they were pursuing profits legally. it was perfectly legal. why have an incentive system that make it's more profitable to write-up this financial instrument that's a bet whether or not the european interest rate also move or weather this currency will rise or fall. they ever sad willed with having to pay when a system like that
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