with a lot of innate talent years to how to do correctly. >> james lipton, we've learned a lot. we can only hope or maybe we don't hope that mitt romney has learned a lot. good evening, americans. the republican candidate for the presidency is campaigning to repeal the only thing standing between your bank account and another economic meltdown. this is "the ed show." let's get to work. >> hey, hey, carpet greed has got to go. >> protesters storm the jpmorgan chase meeting. jaime dimon will stay on as chairman.

the big bank casino is still open and republicans want to keep it that way. >> governor romney and the financial industry have been arguing that this is unnecessary. >> former senator byron saw it all coming, and he's here tonight. >> i think we will in ten years look back and say we should not have done that. mitt romney is playing with fire in iowa. >> a prairie fire of debt is sweeping across iowa and across the nation. >> tonight, we'll remind mitt romney who started the fire with msnbc richard wolffe. the mayor of cable news is trying to fool the folks again. >> it's ticking up nonstop. >> nobody gives you anything. you earn it. good to have you with us. thanks for watching. once again wall street is taking our country's life in its hands. in 2008, if we can remember

correctly, it was a massive heart attack leading to an economic meltdown in this country. this time around i guess you could say it's a small heart attack relatively speaking with jpmorgan losing $2 billion on a bet. president obama is paying attention. he said there is cause for concern when a supposedly well-run company allows this to happen. >> they still lost $2 billion and counting because they were making bets in these derivative markets. we don't know the details yet. it's going to be investigated. >> today the justice department launched a probe into the $2 billion trading loss. a source told the washington post it's unclear if any laws have been violated and the inquiry is in its early stages. president obama was clear about how taxpayers are put at risk by these kinds of risky bets. >> this is why we passed wall street reform. the whole point was even if you're smart, you can make mistakes. since these banks are insured,

backed up by taxpayers, we don't want you taking risks where eventually we might end up having to bail you out again because we have done that, been there, didn't like it. >> today mitt romney advisor said that jpmorgan mess was all part of the free markets. >> jpmorgan is a public company with public shareholders and a board of directors and the leadership will be held accountable. we don't want to punish companies for taking risks. there was no taxpayer money at issue here. these losses went to investors in the company, which is how it works. >> jpmorgan held a shareholders meeting but it was pretty much business as usual. here is jaime dimon. >> there should never have happened. i can't justify it. these mistakes were self-inflicted.

we're fully engaged now and doing a thorough review of the issues that led to these losses. there are changes this policies and procedures that are being implemented. all corrective action will be taken as necessary. >> there were talks of separating ceo and chairman which jaime holds. there were protests outside today. so far only the chief investment officer has resigned. so much for mitt romney's free market. mitt romney has repeatedly called for the repeal of dodd-frank. >> when i get rid of obama care and dodd-frank, it doesn't mean i don't want any law. i want to make sure it's modern and updated. it goes after the bad guy, but it also encourages the good guys. >> romney wants to repeal it all and pays lip service to keeping some regulation. what is that?

the campaign points out to romney's 59-point economic plan saying some of the concepts in dodd-frank have place. the white house isn't going to let this slide because once again, mitt romney is trying to straddle an issue when his real position is far to the right. here is white house spokesman jay carney. >> in the wake of what we have just seen on wall street, it is even more alarming and astounding that there are those who remain on capitol hill and elsewhere who said we should repeal wall street reform. we should go back to where wall street writes its own rules. >> president obama doesn't want reforms to be rolled back. he wants reforms to be enforced. >> keep in mind, if we get all the rules that we proposed and were passed by congress implemented into law, it should prevent this kind of stuff from happening. it's my strong belief we have to have vigorous enforcement of

these rules we just passed. >> so much of this just traces back to the financial modernization act of 1989 when 70 years of sound banks practices was thrown out the window by the congress. there was one senator who stood up and predicted these problems would happen. >> diffusing together the idea of banking which requires not just safety and soundness to be successful, but the perception of safety and soundness. to merge it with inherently risky speculative activity is unwise. we are with this piece of legislation moving towards greater risks. we are almost certainly moving toward substantial new concentration and mergers of the services industry. that is certainly not in the interest of consumers. i think we will in ten years time look back and say we should

not have done that. >> last year a labor backed shareholder group warned jpmorgan chase its risk management committee was not sufficient and should remove one of its members. we are concerned. the current three-person risk policy committee is not up to the task. this is a moment for the congress to bring back the glass-steagall act. any democrat who wants to prevent another financial meltdown should call for it, including president obama. it's time to get back to some good old boring banking in america and start protecting taxpayers so nobody's going to be sniffing around looking for another bailout. get your cell phones out. tonight's question, should president obama make stricter banking regulations a campaign issue? text a for yes. text b for now. you can always go to our blog.

we'll bring you the results later on in the show. joining me tonight is senator byron dorgan. you just saw the tape of this gentleman calling it. can i get you on next super bowl? how did you know this was going to happen, senator? >> look, i didn't have a crystal ball. if you're going to put together things more risky and give investors a green light and say you do what you want to do, we won't watch. greenspan will do what they believe is in the best interest of everything. those who push this legislation, repealing glass-steagall thinking they would act responsibly, it makes my blood boil. that was a baby step. there needs to be much more done. >> what do we need to do? we knew what to do but we didn't

do it. >> jaime dimon says we'll take corrective action. they have varnished us that believe in real corrective action as being radical. the three steps we should take that wall street would consider radical. number one, restore the glass-steagall act. you can't do banking and securities all in the same pot. number two, ban naked default. number three, get rid of too big to fail. if you're too big, then break them up. we did that with standard oil under 30 separate companies. if you're too big to fail, you're too big. they're not much bigger than they were when they nearly collapsed this country's economy. >> the risk is much greater now because they're bigger and able to take greater risks at this point. is this the tip of the iceberg? >> this is not just about jpmorgan. >> you think there's others? >> of course there is.

we have the same institutions out there in pursuit of profit just flat out gambling. there's a danger to this economy if we don't wake up and decide you have to separate these activities and you can't allow these companies to go out and be involved in naked credit default swaps. how does a default swap get naked? that's a side bet that we might make over something that's going on over here. we make a wager. that's what companies are doing. >> when you look at how this could be reeled in, some think there's no way because wall street is too influential in the senate. >> maybe this now is a wakeup call. maybe the congress and i hope the president will decide we got

to push back. mitt romney says get rid of the regulation we did have. that's absurd. that's so dangerous to the country to hear that. >> here is jaime dimon. i want to play this. >> we made a terrible mistake. there's almost no excuse for it. in hindsight we took far too much risk. it was badly vetted. it was badly monitored. >> he sounds like he's taking responsibility, but he could do it all over again. >> hindsight. did he have hindsight in 2008? jpmorgan we have big losses, but we didn't understand what happened. the corrective action is protecting the interests. here is what bart had to say. >> do what's expected but really what we know they will do is only what's inspected.

we need to put the meat on the bones of dodd-frank. two-thirds of the regulations aren't in place. >> writing the rules is a big step now, but it's going to take courage. >> sure. there's one with courage right there. they don't have enough votes. even when you write those rules, it's not enough. it's not a four letter word. let's make sure we have proper regulation to make sure the biggest financial institutions cannot be involved in casino gambling and that's what they are doing.

>> there's a moral component too. you're putting people's retirements and a lot of things at risk with no protection. >> that's right. if you care about a country that provides opportunity and economic growth for the american people in the years ahead, we can't continue with this financial institution and these rules. >> senator, you called it so well on the senate floor in 1999, i can't wait to read there book. it's fiction, correct? >> it is. >> it's a novel. >> first novel. download it on kindle. >> what's it about? >> it's about energy. >> it's a novel. >> it's a thriller. >> this book and rachel's work, i got a lot of work to do it the lake. >> thanks so much. >> remember to answer tonight's question at the bottom of the screen. share your thoughts on twitter. mitt romney is attacking the president over the deficit. i'll tell you why mitt romney will make the deficit worse.

richard wolffe joins me next on that. republicans block the appointment of the state's first openly gay judge. one congressman from oklahoma thinks that kind of discrimination, it's just fine. we'll discuss the right wing's effort to undermine equality in this country. we're coming right back. oooh, what's her secret? [ male announcer ] dawn hand renewal with olay beauty. improves the look and feel of hands in just five uses. [ sponge ] soft, smooth... fabulous!

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coming up, mitt romney and the gop's new ad blitz says the president is solely to blame for the national debt. i think they are the ones that will make it worse. we'll explain. later, i'm bringing out the big eddie charts and taking on bill o'reilly's claim that income inequality in america is bull. really? you won't believe how far a co-founder of facebook is going to avoid paying millions of dollars of taxes. we're coming right back.

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a prairie fire of debt is sweeping across iowa and across the nation. every day that we fail to act, that fire gets closer to the homes and the children we love. >> well, mitt romney and the republicans are blasting the president over the national debt. how about that? they want americans to forget all about what happened under the previous president. the rnc put out a web ad highlighting the rise of the national debt under the obama administration. romney's campaign has its own ad hammering the president over government spending and the rising debt. >> hope and change has not been kind to millions of americans, but they still believe in this great country and deserve a leader who believes in them. mitt romney. >> mitt romney also came up with a dollar figure to hang around president obama's neck on this issue.

>> when you add up all of his policy, this president has increased the national debt by $5 trillion. >> romney wants to blame president obama for $5 trillion of debt, but he needs to remember what caused the debt increase in the first place. you can see it in this chart. the chart doesn't lie. the majority, the majority of our national debt comes from george w. bush's policies. the main drivers are unpaid wars in iraq and afghanistan and the bush tax cuts. republicans blame the obama administration for stimulus spending but the stimulus caused a short term spike in the deficit before leveling off. george w. bush endorsed mitt romney today. a reporter for abc news wrote said bush said i'm for mitt romney as the doors of an elevator closed. sounds like a ringing endorsement but it's very appropriate since mitt romney's

deficit reduction policies are bush on steroids. romney's proposed tax cuts would cost more than $10.7 trillion, 8 trillion more than bush's tax cuts. it would be impossible to balance a budget. romney hasn't said how he plans to pay for the cuts. the current government just posted a budget surplus for the first time in 42 months. if republicans, seriously, if republicans are able to convince people in this country that president obama is entirely responsible for our national debt, it will be the biggest political hoodwink of modern political times. let's turn to richard wolffe. great to have you with us. it's a heavy lift. i guess you can give the republicans credit for trying to do. can mitt romney convince americans what happened in the bush years and what started to dig us in this hole.

>> if he does that, there's a bridge in brooklyn that he will want to sell voters this november as well. we showed this president had to go into deficit spending to help try and move this country out of recession. the vast bulk of this, you have to remember came after president surplus. i was there in 2000. president bush campaign saying it wasn't the government's money. it was the people's office. by the time he got into office aided by karl rove, they decided they were going to give up the people's money and we were going into recession again after the incident bubble burst and they would spend the people's republic money. it was chinese money they spent. they continued to do that all the way through into their recession. this recession and the recession spending from tarp came on their watch. yes, there's some blame for this president, but remember,

president bush started out with a surplus and he gave it away. >> we have amnesia in this country when it comes to who is responsible for what. we're not good at putting things into historical perspective. is this important for the obama administration to get out and fight back? that takes time, effort and money to explain all of this stuff again. >> it does. people have forgotten when the recession started. when asked the basic question, are you better off now than you were four years ago? a lot of people say they are still in recession. the economy is changing and the polling is changes. as they know the recovery is kicking in. the bigger question isn't what happened under bush, who's to blame now. there's a choice here. mitt romney's plan, he's up there saying end the debt. his plans make the debt worse. his policies add to the problem that he is identifying as prairie fire.

>> the debt ceiling fight is heating up again. here is speaker boehner today. >> when the time comes i will insist on my principle of cuts and reform greater than the debt limit increase. this is the only avenue i see to force the elected leadership of this country to solve our structure fiscal imbalance. >> here we go again where the republicans want to hold the economy hostage. they don't want to pay the bills around the country until they get the cuts we want. here we go again. what's going to happen? >> it's interesting watching republicans try to squirm their way out of a deal they made. they are trying to change the triggers that would have the defense cuts. these are people who say they understand the private sector. no businessman can try to undo a deal they just did. it doesn't matter. it's rhetoric. they are positioning for the election.

post election, the debt ceiling, the bush era tax cuts, the defense cuts are part of those triggers. all of that kicks in. this whole thing will be part of a much bigger fight in november-december. >> if romney wins they're going to go right to the ryan plan because that's how they will pay for all of these tax cuts and it will worsen the situation. if he wins, that will be the first thing they do, i think. >> you can say you want to shrink government. if they were being honest, that's what they're trying to do here. they have to go for voodoo economics. >> thanks so much. he's only looking out for the guy in the mirror. wait until you hear his heartless comment about the poor in this country. republicans in colorado kill a bill that would allow civil unions for some same-sex

couples. pat robertson, this guy couldn't be happier. he says the union between two men brings disease and suffering. the right wings attack on equality later in the program. stay with us. [ kristal ] we're just taking a sample of all our different items in our festival of shrimp. the crab-stuffed shrimp are awesome! tequila lime tacos. [ man ] delicious! [ male announcer ] it's festival of shrimp! for $12.99 try any two shrimp creations like new barbeque glazed shrimp. offer ends soon. we're servers at red lobster. and we sea food differently.

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i think what you'll see in this campaign is two very different visions about how we move the country forward. i believe we have to invest in

things like education, making college affordable, science and technology, we building road, rebuilding the country and all those things can be done in a sensible way. >> the guy wants to make america better on all fronts. it's not just about making a dollar. the centerpiece to the obama campaign is advocacy for the middle class and the poor. those who have been beaten up by the wealthy in america. burdens are increasing on these groups and people at the top are getting a lek of a lot more out of america. we show you this vulture top all the time to show the divide between the top 1%. i'm not making this stuff up. i didn't make that red line go where it is. i didn't make that blue line go where it is. there's also a chart showing worker productivity going up while wages remain stagnant. i'm not making that one up either. over the past 40 years the

middle class has shrunk. there are more poor people and there are more rich people. the gap between the rich and the poor gets larger and larger. only a fool would say there's no such thing as income inequality in this country. >> income inequality. the economy stinks because federal government has botched it. get out of the way and let people develop small business there would be more jobs and then you'd have more income. that's what i'm concerned about. >> income inequality is picking up nonstop. >> nobody gives you anything. you earn it. >> so much anger there. let me quote what he just said. income inequality is bull. nobody gives you anything. you earn it. he thinks there are more poor people today because democrats haven't done anything. >> you had a democratic

congress, both the senate and the house, they didn't restore bupcus. >> the truth is he's in denial about poverty in this country. here is more proof. >> every poor american in america i'd like to bring them in here. i can analyze the situation and tell you why they are poor. they drop out of school. they get addicted to alcohol or drugs. they have a mental problem. an emotional problem that's untreated. there's always a reason in this country. >> there's always a reason in this country. he has no solutions for poverty in america. he wants to blame the victims. he's only looking out for himself. you don't have to go too far to find out and find workers in the workplace that are getting screwed. the next time you get on an airplane as i got on one this

morning, i thought about the flight attendants. they're not working hard enough. they had their retirement taken away. what about the pilots? heck, their pay has been cut 50%. i had a pilot call in today and said they cut my pay 50%. are they not working hard enough? they are not drunks. they graduated from college. they done everything right in society. what we need to focus on is that there is some taken taking place in america. i'm joined by howard dean, former governor of vermont and former chairman of the dnc. he is a consultant and a contributor to cnbc. good to have you with us. >> thanks for a long intro. >> you have a lot of jobs which is good. income inequality. o'reilly said it's bull. >> i don't know why you would quote someone that works for the

most corrupt organizations. let's leave him out of there. of course, there's income inequality and it's gotten ten times bigger than it used to be. you can argue about how bad it is. i think it's demoralizing for the average person who is working hard to see people working not much harder maybe 500 times more money than they do. capitalism has to work for everybody if it's going to be a successful system. the problem is it isn't working for everybody and that's a big problem for the united states of america. >> the vulture chart, which we show a lot on this program, if mitt romney wins and if the ryan plan were to implemented by a republican majority, if that were to happen, the lines between, the distance between the red line and the blue line would get further apart. this is the republican plan to concentrate the wealth.

as o'reilly really giving us the plan of the gop trying to sell the american people that there is no income inequality? is this part of their culture and part of what they want to do to win this election? >> i think it's part of the fox propaganda. the issue is which party do you think will represent you. i have plenty of issues with the democratic party, but they stand for a broader coalition of people that have to work for a living. that's the difference. the fox people and the nut jobs on the right are really interested in the 1% with lots of money. the supreme court has put democracy up for sale with the citizens united decision. it's a bad situation we have in the country. that's why i'm rooting for the president to win re-election. we have to have some stable thought at the top and not people that will cave in and give the people with all the

money what they have. that leads to social instability. i think the country is in a lot of trouble if mitt romney wins the election. a lot of people will lose hope. when a lot of people lose hope, the greatness of this nation will disappear. >> the blue line. that is the majority of americans. you would think the democrats would roll in 2012. that november would be pretty smooth sailing for a majority in the house and holding a majority in the senate. if people vote their own economic interests is, how can the democrats lose? >> part of the problem is the democrats are partly to blame for this. the republicans, as you said earlier, most of the deficit is caused by the bush tax cuts. the democrats made it easy for them. we didn't stand up when we needed to. this goes back to the democrats who voted for some of the bush

tax cuts when bush was first president in 2001, 2002, 2003. if we want to get strong as a country, the democrats need to be strong and stand up. there's a lot more coming up. stay tuned. an oklahoma republican is taking major heat for saying it should be legal to fire someone for being gay. tonight, james lankford is responding to his critics. we're going to deal with collective bargaining. use divide and conquer. >> scott walker says divide and conquer and the barrett campaign is all over it. facebook's co-founder is renouncing his american citizenship to dodge hundreds of millions of dollars in taxes. righties are calling this guy a hero.

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together, the elements of science and the human element can solve anything. solutionism. the new optimism. this is an issue that in 20 years or less, people will look back and say, why was this an issue? why did people care about this? why did we deny people equal access under the law? >> that was democratic house minority leader mark ferrandino of colorado. he's introduced legislation allowing civil unions for same-sex couples four times since january. late last night republicans killed the bill and the fight for equality once more. republican state lawmakers in virginia have shut the door on marriage equality but their attacks on civil rights

continues. the republican house of delegates has blocked a qualified and well-respected prosecutor from becoming a state judge. why? because he's gay. tracy thorne-begland is a former fighter pilot and prosecutor in virginia. he had bipartisan support going into today's vote. that was until the social conservatives stepped in. bob marshal feels he is just not fit for the court. >> i don't think it's even proper to put his name forth because of his behavior. >> exactly who is bob marshal? he's the same guy who sponsored virginia's person hood bill. he was also a vocal supporter of the transvaginal ultrasound bill. both pieces of legislation threatened to chip away at rights of women. governor bob mcdonald still auditions to be the republican ticket with mitt romney is upped this statement hours before his party denied the judgeship. candidates for judicial

vacancies must be considered based solely on their merit, record, aptitude and skill. according to james lankford of oklahoma discriminating against someone who is gay is justified. that's because he believes being gay is a choice. here is what he told think progress. >> do you believe in legislation that should protect gay people from being fired for being gay? >> have you seen a piece of legislation or is there one you're referencing? >> no. just would you support a law. >> similar for people on race or gender. >> you're now dealing with behavior. race and sexual preferences are two different things. one is behavior related and something is inherently, skin color.

you don't walk up to someone on the street and look at them and say gay or street. >> now he claims his views were misrepresented. >> it's what they call an ambush interview and they start following you and asking you random questions and they can get enough from you and adapt it for what they think they wanted you to say. i didn't talk about that. >> which brings us to one of the founding fathers of bigoted views, pat robertson. >> the bottom line is a male equipped in a particular fashion and female is equipped in particular fashion and the union of two brings forth children. the union of two men doesn't bring forth two men except disease and suffering and the same thing of the union of two women. >> what we have here across the country are elected officials in three different states

supporting the ideas of pat robertson and not just supporting but actively blocking legislation that calls for equality. actively blocking qualified people from serving their community and actively campaigning on discrimination. joining me tonight is karen finney, msnbc political analyst and former communications director for the dnc. put yourself on their side. how do you manage that message? >> here is how they are managing that message. you notice that their national message is a little nuance from the way they are talking about the local level. a lot of these guys are much harsher on the local level. they know to a national audience and a national election, they have real message problem here. >> this is what they believe too. of course, this is totally opposed to where president obama is, and he has evolved on the issue of marriage equality. is this really going to make a difference in november?

>> i think not to in the way that the republicans are trying to say. here is what is really frustrating. the truth is that increasingly republicans don't believe that. they agree in civil unions. some are fine with marriage. some don't care, but none of them have the courage to come forward in their own party. i think what's going to happen in november is for gays and lesbians, this is a big deal and they will hopefully support the president. in the african-american community and the latino community, if you look at the polling, most people don't care. they really don't or just like the way racial differences started to change, they know somebody who is gay so they're not so scary to them. >> republicans killed the civil union bill in colorado. colorado is a big state for the obama team, no doubt. here is minority leader talking about what happens next. >> this is going to happen.

it's just a matter of when it's going to happen and who will stand in the way. >> is he right? >> absolutely. it's not the same conversation. that we were having even in 2004. the national scapegoating of gays and lesbians is unacceptable. we're moving forward and we're going to keep moving forward. that's why we will keep seeing a lot of this talk. look at what they're having to do in colorado. they have to keep sending it to committee. they know that they've got the votes to pass it if they did is that. >> the gay prosecutor was blocked from being a judge in virginia. >> a fighter pilot. it's okay to stick something in my virginia, but we can't have a fighter pilot as a judge. that's what the state of virginia said today. >> is this going to drive the 20 somethings and the 30 somethings

right in the democratic camp? >> absolutely. >> or make them take a closer look. >> if you look at all of the data, young people are more libertarian about things like this. their belief is it's not my business to tell you what to do. i don't want you telling me what to do so why am i going to tell you to do. that message from obama will appeal much more. here are things i'll tell you you can and can't do with your own body. >> great to have you with us. last night the dnc was stiffing the wisconsin democrats in their efforts to recall scott walker. now the dnc is responding. stay tuned. [ female announcer ] the next generation of investing technology

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three weeks from tonight, the great state of wisconsin has the chance to elect a new governor and send scott walker packing. according to a new daily cost poll, milwaukee mayor tom barrett is running just five points behind despite being out spent 20 to 1. today callers were steaming mad that they weren't doing everything in they power to unseat the governor. >> why have we been giving money to the dnc if they're not going to participate in this battle of the century that we need help with. i'm so darn angry. we should be, excuse me for saying this, raising hell with the dnc. >> wasserman schultz announced a trip to wisconsin to raise money

and recruit volunteers. there's no doubt she's responding to democratic calls for support. tonight i asked should president obama make stricter banking regulations. 98% say yes. 2% say no. next, one of the co-founders of facebook renounces his u.s. citizenship to avoid paying taxes. forbes magazine is calling this guy an american hero. really? i'll call him something else when we come back. [ male announcer ] knowing your customers

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we were gonna be successful. he would never give up on any of us. in the big finish tonight. the story gets any blood boiling. facebook co-founder eduardo saverin has renounced his united states citizenship. why? because he will save hundreds of millions of dollars. facebook is going to go public on friday and by giving up his citizenship, saverin will avoid paying taxes on billions of dollars on capital gains. saverin has lived in singapore since 2009 and his spokesman notes he found it would be more practical to become a resident of singapore. they have no capital gains taxes even though the capital gains tax is at a historically low

rate here. he's earned the title of american hero from forbes magazine. he's not the only one avoiding the irs. think mark zuckerberg will pay a big tax bill up front if he sells $5 billion in stock options as planned. as the new york times reports he may not have to pay another dime of his taxes on his remaining facebook fortune. instead, he can use his stock as collateral to borrow against his tremendous wealth and avoid all tax. elyse hogue joins me tonight. she's in an article on this which is insightful. i have to get my two cents in first. these people have enjoyed the fruits of america.

they made their money on our soil with our citizens yet they will play every angle they can to avoid paying taxes. i think that is horribly un-american. you've written about it. what kind of response have you gotten? >> this story is like wildfire. we're seeing them as 1 percenters who think they don't owe the country anything. they think they are bigger than anything that's supported them growing up. one thing that's so clear by the right wings is that they have lost their moral compass on what it means to love our country. what it means to love our country is to re-invest in it, to give back to what made you great. >> what do you think it is?

is it just a new culture that's developed of complete selfishness. the more you make, the more you want to keep instead of understanding the fruits of our country. they are saying they don't want to contribute in fair manner. they want to denounce citizenship. this is amazing. >> our country took in eduardo saverin when his life was threatened. he became an american citizen. we shielded him and protected him. i don't think these guys are emblematic. i think most americans want to make the country great. if you put him with millions that want to die for our country, he's the outlier. >> thanks for writing this article. i