>> “with all due respect” to elizabeth warren, we are not running for pope at the moment. on the show tonight, hillary clinton looks us to the left dick cheney looks us in the eye, and sony tells us to look away. jeb bush gave a typical commencement speech filled with life lessons for the students of the university of south carolina. the big moment came in an interview aired sunday on miami's abc affiliate. it was an interview in which bush said he would make public one quarter million e-mails from

his time as governor. he was asked about his business dealings last week, including the private equity pie bush has stuck his fingers in. bush's response about a potential mitt romney problem. >> we are creating jobs and expanding business. i am not ashamed of that at all. i think that practical experience may be useful in washington dc. it is all in a bubble. >> what does the jeb bush interview tell us? >> i don't think that answer is particularly compelling and i think he will have a problem on some dimension if he decides to run. this performance was, and i know you will have more to say about it, was a tour de force. it was great. he is a towering figure when he compares to the people he is running against.

>> when i talk about how strong he is, all the haters, hate, hate, hate. he is not a perfect candidate, but he answers policy questions in an accessible way. even mitt romney, i don't think is close in skills you need to get elected to jeb bush. >> i think that is true. he has to get through the nomination process. he says you have to be willing to lose the nomination to win the general election. that is a smart insight. can he stick to that and make the hard choices? this is an environment that is tailor-made for him. he is not in a hostile environment. i want to see him in that environment. we know he is rusty, but this was a good start. >> he was so smooth in that interview. is he perfect? no. if you look at his flaws compared to everyone else, i have been trying to figure out how formidable a fundraiser he will be. i think that is not clear. that performance and his overall

relationship to his concept of electability in uniting the country, strong with voters. >> he has ideas, and having ideas are strong with running. here is advice for you budding political reporters. if you ask someone when she is running for president, the answer might be straightforward. pay close attention to the verb test. for example, a highly-edited version of what elizabeth warren said. >> i am not running for president. that is not what we are doing. i told the miami not running for president. i am not running for president. do you want me to put an exclamation point at the end? >> someone tweeted that her lips say no, but her eyes say yes. to what extent could she be or is a threat to hillary clinton at this moment?

>> i have changed my view a little. her office affirms "the boston globe" made a big deal about the present tense about serving out her full term. >> how many people do you remember getting out of full-term pledges? one was named william jefferson clinton. >> she show this weekend that being aggressive and fiery to the party base, again to hillary clinton, who hides, is passive she is a threat not just because she might run but because of the kinds of things she says exposes how a lot of people in the party are not excited about hillary clinton. >> you and i have always said there is some chance hillary clinton might not run. the scenario in which he does not run appears to be very clear, which is at the warren boom continues over the months. of the next months, hillary has

problems and she says, i don't want to go through that. that is the scenario to me for not running. >> she is out of step with the base of the party and the center of the country, even though she is not either. you knew this segment was coming and not just because of the thing on the right side of the screen. dick cheney's performance yesterday on "meet the press." his use of evasion and intimidation was representative that every defender has raised questions about the report. chuck todd asked him about what his definition of torture is. >> torture, to me, chuck, is an american citizen on his cell phone making the last call to his four young daughters shortly before he burns to death in the upper levels of the trade center on 9/11. >> i don't want to make light of the events of 9/11 and people dying, but vice president cheney

was asked directly for his definition of torture and he told about a terrorist attack. >> it is totally manipulative and does not remotely answer the question. if that is a liberal definition of torture, that means that american soldiers could draw and quarter and unarmed combat and in foreign countries. this is setting one example that is not, by definition, a definition. i have another favorite moment. that was misdirection. it will look at another cheney move here, which is intimidation. this is the response chuck todd got when he asked "when you say waterboarding is torture, then why do we prosecute japanese soldiers?" >> it is a cheap shot to try to draw a parallel to the japanese prosecuted for war crimes after world war ii and what we differ waterboarding. three individuals, all of guilty participating in the 9/11 tense. >> i enjoy the cheap shot thing

off the bat. the report has many more instances than three people waterboarded. >> another example of evasion. chuck asks if rectal hydration met the content of torture. >> that was not done as part of the interrogation problem. >> you do not call it torture? >> it was not torture in terms of it not being part of the program. >> is part of the program. it was not torture. there was no torturous part of the program. if there was something that was torture, it was not part of the program. this is the biggest weakness of the critics. you could say there are things critical in the methodology of the report, but for people like the vice president not to address the actual issue, which is that some things were done by the united states government that was torture.

>> fight had a program that specified activity and people in the program decided to do other things, those things can be torture. i think that is the entire point of the senate reports. what is cheney's game? does he think people will believe this or does he just try to muddy up the atmosphere? >> he and the other people who came out have been working on a plan a long time and go to post-9/11 cards, play games with the interviewers, and hope that on a live television interview you will never get down because you do not give direct responses. >> on to a story that survived the weekend. the sony leaks. superlawyer david boyd is working on behalf of sony, sending letters to websites demanding they destroy or remove information stolen by hackers. screenwriter aaron sorkin wrote an op-ed calling anyone reporting on the information "morally treasonous." do they have a point?

>> i am normally a first-amendment absolutist, but i think they both have a point. people who were spreading this stuff are breaking the law and they are terrorists and you have to ask yourself before you publish this stuff, does the news value outweigh our shared national and international interests and a right to privacy? >> you are right that you have to weigh-in. news organizations are not the only ones doing this. there are websites that would not qualify by anyone's definition as a news organization. there are a lot of things that have been reported that would he considered news if they had been found in another way. if someone had leaked scott rudin's e-mails last week, that would have been newsworthy, the way that donald sterling's transgressions were newsworthy.

>> in the information age and when you have super-hackers out there, you have to think about where it came from. >> no doubt about it. "the new york times" gave a confusing definition saying, it is not as important as wikileaks, snowden, the pentagon papers. here is a newspaper and other papers would report on them if e-mails were leaked by internal employees. we are not going to take the position where reporters should never received leaked e-mails. >> aaron sorkin, voice of reason. we want to let you know about sad political news. long-term clinical consultant david garth has died at age 84. he helped address shortcomings in a simple way by having the candidate look into the camera and talk about themselves. he collected a lot of new york politicians, including rudolph giuliani and michael bloomberg.

he was a genius political consultant. >> and a giant of the modern political era. you had people sing his praises, saying that he change the gain in terms of how politics are practiced in america. he will be missed. >> he elected a very high percentage of new york mayors of different parties and i never met one of his clients who did not worship him. incredible guy. >> coming up, is jed bush really going to the plate? ♪

>> our guest tonight has advised george w. bush and mitt romney. his name offers name play when discussing immigration. dan senor, thank you for coming on the show. we talked about the decision to release the e-mails. you know the former governor really well. give us a sense of where he is now. >> i don't want to get into specifics, but my impression is he is testing the water. i think the e-mail, the commitment to dump the e-mail is fantastic for him. it has created a lot of buzz in the donor community because it speaks to his authenticity. one of the things that he has going for him is that he is a real guy. everybody has his e-mail address. i don't know how many people i speak to that say, hey, i just got an e-mail from jeb. that is consistent with that and it puts the focus on the eight years as governor.

enough of the stories about ivan equities and how he will handle his brother. it is about his eight years as a conservative governor. >> you mentioned that donors like the disclosure of the e-mails. if he got in this race in january or february, how would he do with the big donors? would he be first among equals? woody box out chris christie to some extent? >> i think the hundred-pound gorillas will be christie and jeb. i think there is a first-mover advantage. there is a lot of history with jeb. we have known him a long time. striking early will freeze him out. i don't know if he will recruit them intensely, but a lot of people that thought they had to make a decision early will wait

a little bit. >> can christie keep pace? >> yes. i think he is a formidable fundraiser. he has tremendous relationships with the donor community. for the last couple of years running around the country raising a boat load of money for the rga. >> a lot of people thought that what would hold jeb back with his family and whether he could get his wife and kids on board. do you think they are ready for him to go? >> i don't think he would be taking the steps that he is taking. he is watching objectively. i don't think he would take the steps if he was taking if his family was on board. if he was doing this and his family was not on board -- my sense is he has probably made the decision to run. he is filling this vacuum. there was a ridiculous vacuum in

the last few months. is jeb running or not? is his family on board? ridiculous stories that were not helpful to him. now there are stories about transparency. it will be compared to hillary clinton's lack of transparency. one of the raps against him is that he will not make it in the republican primary. not conservative enough. his eight years as governor, a lot of conservative governor. the e-mails will come out talking about him as governor. >> here is what i don't get. since the story last week about his business deals, i have heard from tons of jeb people saying this is ridiculous. it is not the same as romney. a lot of republicans don't think that mitt romney had a mitt romney problem. >> there is a difference. >> there is a difference. and by the way -- i am a big mitt romney fan. i would you with president now. they are not exactly the same. romney made a lot more money. that is not the difference. >> he has offshore ties. >> mysterious donors. >> avoiding paying taxes in america. >> i think rightly so, because

he deserved it. mitt romney made part of the rationale of his candidacy his job. the obama campaign said, you want to make your private equity career your platform? let's open it up. jeb is not running on that. he has ties to business. so does chris christie. so does ted cruz. >> here is my question. we were talking about the two guys. one of the presumptions people had recently is that mitt romney would not run if jeb bush ran. he and his wife have spoken positively about jeb in the past. we are starting to hear a little bit of shading on that. what is your sense of what

romney's view is of the bush question? >> i obviously can't start getting into the specifics. >> you could. >> i'm not going to. my general sense of it is the theory of romney possibly getting in is if we had a crack up in the republican party. if there was no consensus candidate that could unite the party. that was a real possibility because the hard-right candidates, ted cruz, went and the other candidates had obstacles or were hedging. i think candidates like jeb will turn that upside down. they will jump in and the theory about a crack up in the party begins to become robust. >> you are a foreign policy guy. what is jeb's foreign policy?

>> i don't know. i know he has read and cited a fantastic book by robert kagan which is about america's role in the world and the importance of america sticking by its allies america having a strong national defense. >> he has cited bob kagan himself. he had it on his ipad. other than that, i can't speak. >> we have 30 seconds and i want to do to really quick questions. we know jeb bush is not afraid of chris christie. his chris christie intimidated by jeb bush? >> i honestly have no idea. they exist in the same lane and bracket of the republican primary. mainstream, center-right candidates. christie was the biggest player in that lane. jeb is possibly entering it. it is definitely a challenge. >> paul ryan might run, yes or no? >> might run? yes.

that is not exactly news. >> dan senor, thank you. tribute to stephen colbert. ♪

>> 110th street is considered the beginning of the end. stephen colbert, the most successful parody in television history, is dying. there is a week-long obituary being written on bloomberg.com. >> i'm standing outside the 54th street studio of the colbert report, where it will go to dark this week to prepare for stephen colbert to take over for david letterman. colbert has been more of a

whimsical satirist than an angry activist. truthiness. his ability to explain orwellian language from the beginning first episode. >> anyone can read the news to you. i promise to feel the news at you. >> the correspondent dinner. colbert became the darling of the left at the white house correspondents dinner. he used his right-wing character to mock the bush administration. >> guys like us, we don't pay attention to the polls. we know that polls are just a collection of statistics that reflect what people are thinking in reality. in reality has a well-known liberal bias.

>> colbert was not quite the partisan they wanted to him to be, but this is a literal manifestation of speaking truth to power. the super pac. the citizens for making a better tomorrow tomorrow was colbert's way of showing just how dangerous unlimited funding of super pac scooby. >> they are like campaign-finance glory holes. put your money and the whole. the other person excepts your donation. because it happens anonymously no one feels dirty. >> colbert has fought the notion that his show was a new story, but it helped to explain how pernicious and mostly excepted the shadiness of the world of money in politics has become. the presidential campaign. >> i hereby declare that i will enter the presidential primary in my native south carolina, running as a favorite son. and not my mother's favorite son. >> this is colbert at his truest and warmest cell.

satire can be sharp but deep down, he is a fundamentally deep person who loves his country. the series of shows sponsored by the uso can the first american television program to be broadcast live in a war zone. somehow he convinced joe biden sarah palin, and barack obama to make appearances in one week. >> as commander-in-chief, i hereby order you to shave that man's head. [cheers] >> this is colbert at his absolute best. he is funny, but with a soul. >> come right back after this. we have a special delivery in our advent calendar. ♪

>> the fedex truck that flipped over in jersey spelling presents all over interstate 287. other trucks got there in time to get them out. ♪

>> i am pimm fox and this is what i am "taking stock" of. another down day for stocks. oil is down by 4%. the ruble tumbled the most since 1998. you can buy 60 rubles for a dollar. that is the first time that has happened. russia raised its key interest rate to 17% to stop the decline. the ruble is not your normal currency. >> when you analyze an issue like this, you have some sort of economic framework to use. if you take pain like this