that says, don't you thank a veteran today. hire one. >> damn straight. >> that's so good. i'll go with that. i'll go with that. >> what about you, mika? >> have a great weekend, everybody. >> have a great weekend and happy veterans day. have a great weekend. willy, it's way too early, what time is it? >> it's "morning joe." stick around for chuck. rick perry tries to laugh off his forgetfulness. the other anti-romney candidate, herman cain, is trying to repair his standing. but it's not with jokes. he's doing it with defiance. as penn state tries to pick up the pieces, the focus turns to the abuse victims. what else are they owed, besides simply justice. how long will penn state be compensating these victims that they may have failed to protect.

plus, as the clock runs down, the president heads to australia. are these people jinged when it comes to congress? the latest from the white house and campaign from a woman who has her hands in both. stephanie cutter. it's friday, veterans day. 11/11/11. this is the daily rundown. i'm chuck todd. there has been a game of candidate survival and it's turning out in mitt romney's favor. rick perry took to late night making david letterman the last stop. >> excuses of number ten. >> actually, there were three reasons i messed up last night. one was the nerves. >> uh-huh. >> and two was the headache. >> uh-huh.

>> and three -- um, um -- >> letterman was not exactly hard on perry, doing him a favor in moments like this. >> number two? >> i wanted to help take the heat off herman cain. >> i don't know why everybody is picking on rick perry. it's nice to see a guy running for president who is only groping for words. isn't it? you know what i mean? >> why has perry been so desperate to do this? wednesday's debate freeze was not an isolated incident. perry hasn't been an official candidate for three months and this stumble is the latest in a string of debate gaffes. >> if this guy prints more money between now and the election, i don't know what y'all would do

to him in iowa, but we'd -- we would treat him pretty ugly. >> was it before -- he was before the social programs, from the standpoint of he was far standing out for row versus wade? live, free, or die. bring it. >> but it was not just about style. it's also been about you be stance. on fox he forcefully walked back his contention in september that people who disagree with his in-state immigration policy for illegal immigrants don't have a heart. >> i said something at the orlando debate that i thought was arrogant. my wife said, what you said was insulting. and i want to tell the people of america that i do respect their opinions on this issue of illegal immigrant. >> and this should be a point that's not lost.

people going back and forth on that, it's really only a bigger issue for him because he was struggling with conservatives and watching them flee him because of substantive disagreements on immigration. remember, that is what began this steady decline in the polls. remember, rick perry is a candidate who hopes to be a mainstream candidate to not just rick perry but obama. herman cain has decided to stay defiant in a string of campaign appearances yesterday in michigan. >> i didn't take a politically correct class. so i'm going to say it. i've been through hell. and here's the news, it didn't kill me or slow me down.

>> and he sort of offered an apology for calling democratic leader nancy pelosi for calling her princess nancy. >> i can apologize for calling her princess pelosi. i apologize. >> why do you apologize? >> so i all can stop asking me about it, okay? >> and then cain was caught on tape joking about, of all people, anita hill. the college professor who, of course rlgs a, who accused clarence thomas of sexual harassment. >> anita hill is going to come forward. >> going to endorse me? >> what you see here are two different strategies.

mainstream dedemocrat shun for rick perry and then cain is hoping to not lose support but certainly doesn't seem like a way to gain support. we'll see if he can continue to hold, though, the supporters. we have an interesting poll coming up this weekend. we've repolled, repolling everybody in our msnbc wall treat journal poll. exclusive results on "meet the press" on sunday. and finally, the president leaves town today for a week-long trip that starts in hawaii and then it's a on to australia and indonesia. the president's trip to australia and indonesia has been jinxed before. there's a continuing resolution that they have to deal with as well before thanksgiving. all signs point to somehow at

least a one-month extension on that before they get down to the nitty gritty, having to do specifically with the payroll tax cut and other things that they've got to deal with and then, of course, there's a super committee and why does that seem like they are just going to keep punting and punting and punting. the president may have something to do with the super committee fails to do something but the white house is dead set on making this trip. stephanie cutter, this is her last day on the job as deputy campaign manager. she joins me now. >> good morning. >> good morning. welcome to the set. the north lawn is a little chilly. >> yes. >> we have a separate continuing resolution. where do you think things stand right now? we know the super committee, there isn't a -- it's not a funding deadline self-imposed. the continuing resolution is a different story. >> well, on the super committee,

itself-imposed deadline but a deadline that everybody's agreed to. that by november 23rd they have to produce a deficit reduction plan. the president has put his plan on the table a few months ago a. very detailed plan on how he believes we should put our fiscal house in order in a very balanced and fair way, that ensures that everybody takes a shared responsibility in doing it. you know, we're watching with interest what the supercommittee is watching and doing. we continue to believe that revenues, real revenues have to be on the table so that everybody is paying their fair share to put this country on the right fiscal track. >> republicans came out and said, we will put $300 billion worth of potential revenues on the table. it's not what democrats and republicans would like to see but it's what we heard before. do you guys take them seriously?

>> we've seen this play several months ago when speaker boehner put revenues on the table, tax increases, and then pulled back on that. it's a step in the right direction. i think they see where the american people are on this issue, that they want a shared responsibility and a balanced plan. it's not a complete picture of where we're going to end up on a fiscal deficit reduction plan. we need to see all of the details and ensure that it's balanced and that we're not placing the burden on seniors or the middle class but it's a step in the right direction. >> what has been the role? i know the president presented a plan. can you at least a little say what aides are doing behind the scenes. what is it? >> congress is a separate branch of government, as you know. >> uh-huh. >> they passed a law, the president signed it into law, that congress has to take action on deficit reduction and that's

what we've been continuing to urge them to do. the president put forth a very detailed plan several months ago on where he put the fiscal house in order. >> should you move the deadline a little bit and give them more time or immediately let the deadlines happen? >> if congress doesn't act on a deficit redix plan, then what they call across the 3w50board spending. congress should be able to get the work done. democrats are working in good faith. some republicans are now starting to consider that you can't really achieve deficit

reduction unless you're looking at refer news. >> what if they say that they want to have more time? >> i don't want to get ahead of what potentially could happen but there is a deadline that congress passed and they should be able to meet it. the president has put on the table a road map. we've been discussing this issue for a year. congress can't keep kicking the can down the road. so i don't want to get ahead of where the process is. they have several weeks to go. people are working in earnest and we believe it should happen. >> you're moving to the campaign. is december 23rd basically the last day of governing? i say this because we're really going to see meaningful negotiations between this congress and the president until

serve in full-fledge campaign mode? >> for the president, no. there is still a lot that they want to get done. we're not going to presume the worse. we're going to presume the best. there are things that we can work on to improve the economy and we had a very good victory yesterday where two pieces of president's jobs act will passed by the senate. we hope that we can come to the time where we can sign it into the law and the house will come on board. but that comes on top of complete obstruction in the united states senate, on bipartisan issues because the president put them forward. putting our teachers in classrooms, these are things that republicans are voting in

lock step against. what does that mean for next year? it's too soon to tell. you know, i think that many republicans are properly looking at what the american people are looking at right now. >> can you explain what pete russert's role is now? is he the coo, day to day chief of staff or what is he compared to bill bailey? >> i've worked with both bill and pete on many different roles and i think a lot has been made of this story. i think the -- pete is playing the role that he has always played for this president and making sure that his interests are served, things are moving forward. we're constantly driving the president's agenda. >> but he is more hands on? >> he's been hands on since he walked into the white house. >> but more than six months ago? >> this is a good internal management and you mentioned that today is my last day. i miss working with these

people. i'm going to miss working with them. >> stephanie cutter, go get your parka. good luck in chicago. >> see you out there. >> yes, ma'am. >> all right. turning now to the ongoing sex abuse scandal at penn state, mike mcquery, the graduate assistant who turned coach was scheduled to coach tomorrow but now will not be at the game tomorrow because of what the school calls multiple threats. there was some speculation yesterday that there was a legal reason why they couldn't fire mi mike mckeer rquery at the same time that they fired joe paterno. have you heard anything about that? >> reporter: a lot of folks are asking that question, why is mike mcquery on the staff here when joe paterno was let go.

tom bradley, the interim coach, was asked about mcquery's job stat s status and said that there was no change. tom bradley said that there was going to be a game time decision. that has changed. nebraska officials asked for additional game security which we were told was granted and there will be additional officers on the ground tomorrow here at the stadium. we're still wraiting to see wha happens with mike mcquery's job status going forward. he still remains employed for penn state. >> ron mott, thank you very much. we're going to go inside capitol hill's culture of corruption with jack abramoff and how washington has changed

since his lobbying days. first, a look ahead at the president's schedule. he's going to be laying a wreath pretty soon at arlington nar national ceremony and then it's off to san diego. you're watching msnbc. what's going on here? hey, whats up guys? this is not how witness protection works! when we set you up with that little hardware store we didn't intend for your face to be everywhere. but fedex office makes it so easy.

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the key goal, as i understand from our staff investigators, has no employees, no clients, and doesn't do very much business. it's a consulting company that operates out of your home. would you speak to that?

>> sir, i guess i can be asked hundreds or thousands of questions today but briefly i must respectfully invoke the privileges that i said before. >> seven years later, former washington super lobbyist, jack abramoff, has more to say. he is out of jail and is author of the book "capital punishment, the hard truth of america's most notorious lobbyists." mr. abramoff, are you looking for redemption with this book? >> first, i'd like to talk about what that world really was. i think most america really doesn't understand what happens in washington and what goes on in those so-called smoke-filled rooms and behind the doors. as a former lobbyist and obtained a position higher than most now speaking about it, i felt that i had a responsibility

and a role to educate people. and, number two, with my case, the media attention to my case, a lot was said about me and i wanted to, frankly, tell people what it was like, what my like was like that became the cartoon in the media. >> well, let me -- one of the things -- when you started cooperating with feds, there was quite a few members of congress that apparently you were implicating, besides tom delay. he was the one who got a lot of media attention at that point. when you look back, are you disappointed that more members of congress weren't punished for the crimes that you believe they committed? one. and, two, do you believe they are still serving? >> some have been defeated and some have been retired. but i don't try to focus on

hoping that other people are punished or not punished. the truth is, the truth is the truth. they proceeded accordingly. i found my dealings with them were very honest. they were not abusive in any way. and i think they were very thorough. there are a lot of things that impeded their ability to investigate congress, including the speech and debate clause and other congressional rules and i think that a lot of that is probably the reason that they weren't able to look at more cases there. but as far as myself, i'm not personally disappointed frankly having been in prison for 43 months, i don't want anybody to have to go through something like that. >> the brightest light of sunshine that i think that you've brought over the past week, when i watched you on "60 minutes" and read this book is the issue of corruption at the staff level. it is something that all of us in washington, quote unquote, know about. it's hard to prove when you're in the media. it's not something that you can quote, unquote, prove.

so how do you stop it? your recommendation is that if you work for a member of congress, you can never be a lobbyist but as you know, there are a lot of nonlobbyists who are lobbyists. >> well, exactly. one of the things that i talk about in the book, i try to go through a system of reform based on the fact that i was in there. in other words, what are the things that i would have fought as a lobbyist to try to stop and a real reform package and one of them is to stop the revolving door completely and totally for life. i don't mean that they can join the lobby firm as a lobbyist, they can never join a lobbying firm. you're right. during the waiting period they call themselves consultants and then pick up the phone to call the hill and say, i can't lobby you but my new friend bill can lobby you and all of a sudden it's the same thing. it has to be a permanent ban from people ever working for a

lobbying firm in any capacity. >> are members of lobbyists underpaid? it has always been weird to me that someone like yourself, who at the time was making millions of dollars a year, sitting across from a chief of staff making $120,000 a year, but controlling billions, and they are looking at you and they see how much money you make, it's only huch man nature that they say, what's going on here? >> that's exactly right. it's that very human nature that i think needs to be assessed. it's the total ban of crossing that rubicon into the lobbying world. i don't know if they are overpaid or underpaid. i think they are paid plenty compared to most americans. they shouldn't be there that long. they should come and serve the country on a limited basis and then go back to their lives. one of the things that i propose in the book is term limits. as a lobbyist, i opposed. that's because i didn't want to

have somebody that i met and developed a relationship with over time, having disappeared having spent a few years to getting to know them. >> you don't think term limits would make lobbyists more powerful? that's the argument in california. you have an embedded lobbying class in sacramento that runs the government as just these new guys that keep rolling in. >> chuck, there are a series of reforms that have all got to be made. you can't do one thing and then watch the power shift to another place. by the way, as well, one of the big causes of the sort of corruption atmosphere there is the amount of areas that the federal government is in. the reason you had 20,000 lobbyists coursing the compound in washington is because there are so many things to do. one of the reasons -- one of the things in the book that i talk about, we've got to reduce the government expenditures and some of the programs that the government is involved in, maybe

send them back to the state or do other things with them. that empowers lobbyists. >> let me ask you this. a close friend of yours for a long time, norville norquist s. thought of the most powerful, unelected official in washington, d.c. does he have too much power with his tax group? >> well, you know, i think -- as i understand it, i'm not close to grover at this point. i haven't talked to him in years. as i understand it, members of congress willingly signed a pledge willingly not to raise taxes and that's sort of an important thing, not raising taxes. and i think that grover wants to keep them to their pledge. don't know how that can be a bad thing. i guess people are concerned that there's a group that wants to raise taxes in this environment and grover and others who are against taxes don't want it to happen. i think that they are trying to create in him a boogie man who has too much power. i know the feeling because i was

a boogie man a few years ago as well who had, quote, too much power. >> i have to leave it there. more to ask you but maybe another time. >> thanks. >> jack abramoff, the book is called "capitol punishment." thank you. the fallout from the penn state scandal could just be the beginning. what could it mean for the school and the state. in honor of veterans day, how many of the 43 specific individual nonconsecutive term u.s. presidents have been veterans? tweet me the answer @chucktodd @dailyrundown. we'll be right back. great prices. i just wish you could guarantee me

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well, it's been exactly three months since we saw her last but we welcome back, cnbc, becky quick. hello there. >> hello there. it's great to see you again. it's been way too long but it's great to be back. >> welcome back and congratulations on motherhood. they rank the opening bell? >> that's right. seconds ago there was a moment of silence about ten minutes ago on the floor of the exchange. again, this is honoring veterans day. you can see right there the united states marine corps general ringing the bell. there's going to be another moment of silence at 11:00 a.m. it looks like stocks are off to a strong start. the bond markets are strong but stocks could be up 120 as things start to shake up. the dow is up more 130 points. a lot of things moving in the green direction and it's because of all of the headlines coming out of europe. major moves being made in italy and in greece and that's really

helping to calm some frayed nerves when it comes to investors here. in europe, the prime minister -- the new prime minister of greece kicking things off. he has to fill the $130 billion bailout from the eu and it has people feeling pretty good things about it and that's why the market is getting help. in italy, there was a key step in italy. approving commercial reforms demanded by the eu. and that also has people a little bit -- feeling better when it comes to italy. it has to go to the lower parliamentary house and pass there but it's the first step in moving towards berlusconi stepping down. chuck, those are the things moving today. >> are you checking the big board as much as you are checking in at home? >> the big board and the big boy -- i have not checked back home yet but he was doing really

when i left this morning and i'm going to leave it at that. >> i'm sure he is. "the daily rundown wi" will back in 30 seconds. so penn state is going to try to play football tomorrow but there's sure to be a dark cloud as the sex abuse scandal continues to unfold. mike mcquery who reported jerry sandusky to joe paterno will not

be present due to multiple threats. joe paterno has contacted a criminal lawyer. as it unfolds, and victims come forward, it can take a huge financial toll on the un even a university and a lot of people are involved. ann joins me now. there's a lot of victims that deserve a lot more than justice. they may be owed some compensation by a public university that failed to protect them. >> all you have to do is look what happened to the catholic church. the parallels are there. you had somebody in the position of power and then elected officials that covered it up. the catholic church in the archdiocese alone paid out $100 million. over the years -- >> how many victims? >> i want to say there are 80. in that neighborhood. over the years, it's paid out $2 billion. that's a whole lot of money.

now, penn state -- penn state, we don't know how many victims there are. there are eight in the grand jury presentment. but the question is, are there more? and then you have a very profitable institution, penn state football brings in $72 million and change in 2010 and 2011. >> $6 million a game? >> yep. there's one estimate between ticket sales, parking, and concessions on a typical saturday, college in penn state, they pay -- bring in $6 million. the program makes a profit of $53 million. it's one of the top three most profitable programs in the country. so there's a lot of money at stake here in many different ways. >> what's pennsylvania law, the statute of -- there were some issues during the episode of the catholic church. there's usually a statute of limitation. you were telling me yesterday, the state of california simply voted and extended this statute

to allow victims to sue. >> what california did when the priest abuse crisis happened, they -- the assembly there passed a law giving abuse victims one year to file lawsuits against their victims. and a lot of people took advantage of that, regardless of when their cases happened. under pennsylvania law, from a criminal standpoint, the common law has until the child turns age 50 to file charges against the abuser. >> criminal charges? >> those are criminal charges. on the civil side, they have until the victim turns age 30. now, for a lot of child sex abuse victims, it takes years and years and years before they can publicly admit it. so there are bills in the pennsylvania legislature that were there before this scandal broke saying -- proposing no statute of limitations for sex abuse cases. >> and joe paterno hired a criminal attorney.

does that surprise you? >> no. i think it's smart on his part and he's hired a crisis pr person. he's got a lot at stake here. >> ann thompson, thank you. going to maryland notre dame. >> go irish, you bet. >> all right. i swear, tomorrow, i just want to watch some football. >> yes. let's not talk about this. well, the supercommittee is set to go behind closed doors. can the two sides find enough common ground or will the automatic cuts agreed to in august go into effect? joined by kay bailey hutchison. thank you for coming on. >> glad to be here. >> let me ask you the likelihood that congress punts and asks for more time, the supercommittee punts and asks for more time. nobody seems to want the automatic cuts to go through. >> i think you're correct on the

final point. nobody wants those automatic cuts to go through. the possibility of $600 billion in defense cuts when our world is so unsettled, it's really kind of scary. so that means either the committee does come to some terms and right now they are really, really bearing down. but there have been a lot of blowups. sometimes, though, as you know, it's the blowups before the calm and then you come to terms. so i'm still optimistic. i think some of the leaks that have come out. >> right. >> in the media are very promising, actually. and i hope that they can rally around and do something that makes sense for everyone, spurs the economy at the same time that it meets those goals that are beginning the deficit cuts. >> do you want a big deal?

do you want a $3 trillion deal or do you think at this point the most realistic thing that can pass because of politics is get something between the 1.5 to $2 trillion range? >> well, i'm for the big deal but i'm beginning to come up with kind of an idea that maybe they would have an option if it would be allowed to come in and offer a $1.2 trillion deal which is what they have to do versus the 3 to $4 trillion deal which would include certainly the entitlements. we have to, in my opinion, deal with entitlements. because, chuck, i don't think that we can just deal with the short term. i think we need to deal with the short term but we must look at the long term as well and congress must be part of that. >> i understand that one of the democratic plans supposedly was -- as you said, these leaks are leaks. we shouldn't assume all those

details are there. but are you saying that you think they could actually pass two separate plans, approve both of them and then just see how the two houses vote on them? so a minimalist plan and a maximum plan? >> i'm suggesting that a lot of people who are saying that they are not going to deal with entitlements at all but there are also, i think, a majority in the house and certainly a large number in the senate that believe entitlements must be on the table. so then you could really get to those 3 or $4 trillion cuts which i think would really settle the markets, show that america truly can get its house in order which the world is looking to see. so i am saying maybe they should be looking at an alternative, where you do the bare bones that they have to do, which is in the 1.2 to 5 trillion range and that would be just on the revenue that is coming in that is

available funding. but i would like to offer -- have offered, also, by the super committee, a bigger deal that would include entitlement reforms. >> and some tax increases? >> well, i'm for tax revenue increases through growth and i think some of the things being leaked would provide, if you do a real revenue goal that would show that you would get more revenue in by cutting the rates and taking away some of the deductions, then i think you would have increases in revenue without tax increases but rather the old-fashion way which is to try to make people hire and create jobs and get revenue through people paying taxes instead of being on food stamps and unemployment. >> all right.

very quickly, curious, of your reaction to rick perry's brain freeze. >> you know, i just don't think we need any more talking from anyone else on that subject. >> fair enough. senator kay bailey hutch chi in thank you for coming on. our political panel joins me next. by the way, a programming note. sunday on "meet the press," first, republican presidential candidate congresswoman michele bachmann and then the chairman of the dnc, debbie wasserman schultz. and you want soup? the white house veterans is closed. [ artis brown ] america is facing some tough challenges right now. two of the most important are energy security and economic growth.

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daily flash tlzback to 1921. the tombstone you're looking at was not completed until 1932. and as we mentioned, president obama will lay a wreath there at 11:00 this morning. all right. the republican candidates are blanketing south carolina ahead of tomorrow night's debate on foreign policy. on the trail, many have been more than eager to talk about rick perry's performance in the last one. more eager than kay bailey hutchison. >> it was embarrassing. it was embarrassing for him. >> i was much more concerned about how i was doing. i wish everybody else knew that. >> i always worry when we go to the debates because there's an exaggerated expectation of how well i'll do and i've always had

this fear that something will happen to me as happened to rick last night. >> asks me a question and stairs at the camera and don't know what to say. oops. oops. >> wow, i guess when yoir sitting in single digits, you have nothing left to lose. president of the abraham center for middle east, senior editor for the national review and a columnist and a national political reporter for the washington post. i want to start with you. the perry and cain damage control tours, if you will. >> yes. >> one is trying to get control of his campaign there a little bit and that seems to be rick perry and one is just saying, i'm going to be defiant and i don't care what the rest of the

world thinks. >> yeah, he's out there cracking jokes about anita hill and saying that he was doing it because the press wanted to hear him doing that. he realizes that folks expect this from him. he's the anti-politician politician in this race. and we saw in that debate how the crowd was behind him and i think he's feeling that. that's what he's giving them out on the road. >> the base loves herman cain. they love him. he gets louder cheers wherever he goes. >> but i think he has pretty clearly established a ceiling for himself. look, he is doing all of the things that he can do to prove that he's an unconventional candidate. and the other thing le do to prove that he's an unconventional candidate, is by not winning. >> i want to go to rick perry. as bad as it was for wednesday night, is it appeared to say

that he had the best day of his campaign yesterday, in an odd way? >> sure. and i think on a human level, even his political opponents can em pa size with his circumstance. it's not an isolated incident. it's part of a much deeper narrative and he's not running for re-election as governor of texas. he's running for president of the united states and ultimately people expect more. >> you know, tomorrow night, foreign policy debate. it seems when you only hear two things in republican debates when foreign policy comes, and that is, come combination of israel and iran. what have you heard from them that heart tens you and what have you heard from them that concerns you? >> well, what heartens me is that president obama has led the strongest security relationship between the united states and israel imaginable. he has been the chief opponent to the palestinian un latter declaration at the united nations and now we have learned

that america may not have to veto that because under obama's leadership there will not be votes, apparently. so it's enhanced enhanced america/israeli relations and security is better than it has ever been in a daunting set of circumstances. >> i have a feeling we'll hear a lot of attacks on the president that was overheard when the president was there and sarkozy went after netanyahu. it wasn't clear what the president was saying. people trying to read into what he was say. clear what sarkozy was saying. he called netanyahu a liar. >> they wanted to punch sarkozy in the face for daring to criticize netanyahu. >> what else beyond israel and iran are these guys ready to talk about? >> they're going to talk about the pullout from iraq saying there should have been remaining troops there. i think it will be hard for

them. they haven't been consistent in terms of a republican foreign doctrine. they'll try to talk about that and what their policies would be. >> stick around. our panels shameless plug next but first trivia. we asked in honor of veterans day, how many of the 43 different u.s. presidents have been veterans? the answer is 24. there's the list courtesy of the u.s. department of veteran affairs. grover cleveland is not on there so we don't have to have a dispute about whether you count grover cleveland twice. most served in army or navy. no member of the u.s. marine corps or u.s. coast guard has ever been elected president. we'll be right back. you're watching "the daily rundown" only on mbs. ts. plus an excellent source of omega-3 dha in a great tasting gummy. one a day, gummies for grown-ups.

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>> breaking news. we'll take you to penn state. >> to represent the highest standards for honesty and integrity. it is beholden on everyone now to carry on the work that so many of us have dedicated our lives to doing. we have 96,000 students. 46,000 full and part-time employees. and more than half a million alumni. we are a learning community and we must continue to deliver outstanding research and service. our work is as important to society's future today as it was last week. perhaps even more so. this board helped to craft the strategic plan that continues to provide the road map for setting priorities and pursuing

strategies to achieve our objectives. we're not adrift or without a vision going forward. in the days and weeks ahead, i will be meeting with representatives from the faculty senate, student leadership, staff, alumni groups, donors and friends as well as officials from state government. my purpose will be to hlisten. i want to hear their concerns and ideas for penn state. my purpose will be to reassure and i want penn staters to understand the action of any individual do not represent our university. i want to help rebuild our confidence in who we are. my purpose will be to reaffirm. i want all penn staters to know that our future is still bright. my purpose will be to talk about our core values. our values will define this university long after we're gone. for more than 150 years penn

state has been committed to its core values of honesty, integrity, excellence, and community. now more than ever we need to articulate these values in everything we do and we need to live them in our work, our service, our extracurricular activities and our place in the community. i know we can do this. we are resilient. we are a university that will rebuild a trust and confidence that so many people have had in us for so many years. i have not accepted this appointment as you are president to be a caretaker. during my time in service i will commit to seeing us move forward and that penn state continues to deserve a reputation as one of the finest educational institutions in the world. again, thank you for your trust and confidence in me. [ applause ]

>> thank you, rod. we appreciate -- >> as you heard from rodney ericeri ericks erickson, the new president of penn state. making a pledge to clean up. not going to be a caretaker president. a public meeting now of the board of trustees. they have a ton of decisions to make when it comes to what to do next. we'll have full coverage coming "jancing and company" comes up in just a few minutes. i'll see you next week. ♪ [ multiple sounds making melodic tune ] ♪ [ male announcer ] at northrop grumman, every innovation, every solution,

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good morning. i'm richard lui in for chris jansing. we start with the penn state board of trustees discussing the