these are great coaches. they set a model. and then you have great players that, they get the news sometimes for doing something arrogant or uncivil. but the fact is athletes are taught to compete full blown. and then they know they are playing that people the result might not come out exactly the way they want. but they don't cry about it. they get up and go again. to me, that's the way politics should be. now turning from athletics. if you go to a great orchestra, what is it all about? it's about a conductor leading people, working together. in many different ways. and it's the same kind of discipline. the same with a play. you got to have an interaction of people. and yes, you have stars versus less stars. but it's all a cohesive thing. and to me, what's so central in

american culture, and so great in american culture isn't always reflected in the politics, and politics has to take lessons outside of politics and we would be stronger as a society. >> how can your agency work as the divide between the gop and president obama grows? >> first of all, i think we aught to be very careful about words. war has lots of implications. that are truly wrong in that setting. we had cultural differences. we should be proud of those differences that you have people of different backgrounds, you have people of different thoughts. and the idea of having everyone of one culture, one way of

thinking, would not be a healthy society. and so it's great that we have diversity of cultures. but we shouldn't be thinking in terms of war. we should be thinking in terms of respecting different -- trying to bring out the best in everybody. by favorite approach to this is one of the most remarkable people in our history. thomas jefferson who once talked about the various religions of the world. and he said what matters isn't so much where they differ. but where they commonalities. i consider that to be one the profoundist thoughts going. and he tried to write them up. this is a man who was a politician. and he was also a engineer. he would. this is a renaissance man, a renaissance thinking. one the great questions is why can't we learn from this. and think ourselves, and similar kinds of ways. and so my view is let's

celebrate our differences, and let's be very cautious of when you put down the notion of war, you're setting forth an uncompromising and potentially violence-inducing ethic. >> is there any room for a moderate in today's republican party? >> really, i hope so. i mean if you go to the modern day history of the republican party, the -- there's always been a larger conservative dimension than the so-called dimension. when i was younger, it was a famous division between barry goldwater and rocker --

rockefeller. goldwater was the republican who would be considered by the liberal republican. that is he favored a skinny budget, but he also believed in pro choice, and believed in gay rights. that doesn't fit a lot of social republicans. but to me, there can be room for all sides of republican party. and if one side is eliminated, the party would be in some difficulties. but if you can obtain a position of neutral respect, i think it works. likewise in the democratic party. there's a role for moderates and moderation in it. and i personally recognize that there are major differences in judgment in services like issues like pro-choice or pro-life.

but i don't think those issues should be captured within a political party. they should be the judgment of individual citizens, and individual legislators, and a people should ask to be true to their convictions, and hopefully respect others. but it shouldn't be a republican position, versus democratic position. you should have respect for each side within each party. >> did she make a mistake by supporting graham-leach? did it contribute to the economic turndown? why, or why not? >> well, i think it's a much misunderstand bill. this bill was a bill that enhanced competition within three areas of math. but it was a bill that in terms of regulation, changed the regulatory environment in ways that would surprise most people who haven't thought it through.

a whole spectrum of areas. that included the most invasive and strongest privacy regulation in the history of the congress. it also called for what is called functional regulation where each activity would be regulated in a separate way. but there'd be a cohesive regulator over all of the functional parts. :