tv The Dylan Ratigan Show MSNBC June 7, 2012 4:00pm-5:00pm EDT
4:00 pm
let's get to work! [ applause ] >> i know this is an election year. that's not lost on me. but at this make or break moment for america's middle class, we can't afford to have congress take five months off. you've got to keep working. you're not suddenly just sitting around not doing anything. you should expect the same thing from your representatives in washington. right? [ applause ] >> so there are a bunch of things that congress can do right now. let me tick a few off. at a time when our businesses have created more than 4 million new jobs, unfortunately, state and local governments have lost $450,04
4:01 pm
450,000 jobs. that's been one of the biggest problems in our economy, is all the layoffs happening at the state and local level. cops, firefighters and teachers all being laid off. those folks provide vital services. they protect us, they're teaching our kids. congress should pass a bill, like i've asked them to do, to help states like nevada put americans, those americans who are doing outstanding service on the part of their communities, put those folks back on the job right now. that's something we can do. . number two. we know that the housing bubble burst. here in nevada, the construction industry got killed, right? so i told congress months ago, let's pass a bill to put hundreds of thousands of construction workers and contractors back to work
4:02 pm
rebuilding america. rebuilding roads and bridges and new schools for rising populations. that's good for the economy now, it's good for the economy later. there's no excuse for congress to just shrug his shoulder. let's get it done. the housing bust is still a major burden on this economy. congress should pass the changes for america to give every homeowner to save an average of $3,000 a year by refinancing their mortgage at today's historically low interest rates. [ applause ] thirng about it. if you're a homeowner and you live here in this state, your house very well may be under
4:03 pm
water so it's hard for you to refinance. we did, through an executive order, a plan that allows those of you whose mortgages are guaranteed by fha to refinance, but we've got to have congress take additional steps to reach everybody, to reach even more homeowners. these are folks who are paying their mortgage every month but can't refinance because your home is under water. and let me tell you, i was up in reno last month, met a family, they had refinanced through the program we set up, and they're getting an extra $250,000 a month. and that makes a difference. how many people here could use an extra $250 a month? and that's good for everybody. that's good for everybody's economy. right? because if you got that extra money in your pocket, you might help -- that might help rebuild some equity in your home or you might go spend it on textbooks
4:04 pm
or a new computer, and the entire economy gets stronger. so let's give every responsible family that chance. [ applause ] >> here's another thing. instead of just talking about job creators, congress should put their money where their mouth is. give small business owners a tax break for hiring more workers and paying higher wages. [ applause ] >> and then, with all the veterans that are coming back from iraq and afghanistan, let's make some special efforts there. we should create what we're calling a veterans job corps, because no one who fights for this country should ever have to fight for a job when they come home. [ applause ] >> right now congress needs to
4:05 pm
extend the tax credits for clean energy manufacturers. those tax credits are set to expire at the end of the year. nearly 40,000 good jobs are at stake making solar panels and wind turbines, lowering our dependence on foreign oil. so instead of giving millions of tax breaks to all companies making all kinds of money and don't need help, let's double down on a clean energy industry that's really been no more promising, and you're seeing it right here in nevada. there's a lot of sunshine out here. we can turn that into electricity and put people back to work in the process. let's make that happen. >> all right. of course, the president there in las vegas offering a speech presented as -- a speech for those students relative to learning. seems to be covering a wide variety of subjects. we'll keep monitors on it and see what other news may come from the president. with us and listening, karen,
4:06 pm
susan and jimmy. how do you interpret what the president is doing, susan? >> he made an official stop on this fundraising tour he's doing, so i guess this works, and that's unfortunately what people are seeing. when he came out for energy quality, people responded in saying it's political. everything he's doing now is being viewed as political. >> but isn't, jimmy, what everybody does at this point? isn't that the base issue, that the gap between the optics of behaving politically, whether it's something romney did or something the president is doing, and policy is getting so wide, where it's almost as if you say the right things, then it's good to go and there's nothing even after that. how do you look at what's going on here? >> well, susan made a very good point. everything is political, including what susan said and what i'm saying. i bet what karen is about to say will be political as well. what i will say is this. i'm glad that the president of the united states is actually talking about the jobs act. because in fact he sent it to
4:07 pm
congress, and in fact they have done absolutely nothing on it. they passed parcels of it, parcels. and guess what, unemployment went up. so i would suggest to you the people in the building behind me -- oh, wait, they're not there -- they should probably come back and do something. that might be helpful to the american people. >> karen, your political or n non-political statements, and may i say that today you look sensational in your library. you and susan together, this looks like a spring festival out here. >> that's what i was going to say. you guys didn't get the memo, but susan and i did. >> we should put the two of you up for the rest of the tv show and talk, and it would be the most watched tv show in america this afternoon. anyway, what's going on with the president, karen? >> i agree, everything is going to be perceived as political. but the president's timing at the very beginning of this speech kind of coming in at this hour, which is something we know that does affect these students,
4:08 pm
is that their rates are about to go up on their student loans. earlier this year the president tried to announce an initiative to put a cap, 25% income, on their monthly payments to try and help. that was something he was able to do, but in a way to try to help so these kids didn't unnecessarily see they're rates skyrocketing. >> i think we need to address this problem and not just go home because it's going to mean a huge issue for american families. think about what this is going to mean when those rates go up. >> if they, in fact, go up. i mean, i actually think they're going to come to something. they've already had some bipartisan support in congress on a few ideas. my guess is that they will. don't forget, this was actually agreed to back in 2006 and nancy pelosi's congress said it would double at this point in time. >> at the same time, going to jimmy's point, isn't it insane
4:09 pm
for this congress, which is the least popular, least recorded congre congress's, facing instability and all our politics, to be out to lunch this summer. >> there is a big anti-incumbency feeling out there regardless of party. these members of congress have to deliver something home, especially those freshmen who went out there campaigning against a do-nothing congress. that's why i think you'll see little compromise here and there. >> even john boehner said today they won't be at the resolution. come on, guys, we don't get the benefit of taking breaks when we feel like it. what would be the harm in these guys staying two extra weeks in getting something done and then being able to say to the constituents, hey, we did something. >> they're going to talk like
4:10 pm
jimmy was talking, hey, we got this done. so pick something that won't take a lethal bridges, government offices. what worked in the context of very high-powered, and culturally, whether any private business you've ever worked with in your entire career, as a lobbyist or anything else, would ever deal with an acute crisis like the one our country has with government, by taking the summer off? >> no. [ laughter ] >> i'll use one person as an example, and it's publicly known that i work for carl icon, and i can tell you that carl doesn't do that.
4:11 pm
he doesn't -- >> would carl take the summer off if everybody was getting fired and there was no money to pay for things? >> no. carl likes to call people. >> one at a time. jimmy first, karen second. >> carl likes to call people at 2:00 in the morning. carl icon doesn't take time off. he just doesn't. >> karen, the last word. >> i was just going to say that i think it's pretty much only the boehner congress that decided, hey, you know what, this is a perfect time for a nice vacation. let's go home. >> just like pelosi. >> i hear the weather is nice in the summer, what the heck. the panel stays with the cost of college in the curriculum. we'll talk about what business schools ought to be teaching
4:12 pm
when it comes to the business of business. but first, another dr show exclusive for you. . what he could could crush the cage in the wiki leaders. we'll explain after this. ♪ if i had a million dollars ♪ if i had a million dollars ♪ i would buy you a house ♪ i would buy you a house ner. prilosec isn't for fast relief. try alka-seltzer. it kills heartburn fast. yeehaw!
4:14 pm
4:16 pm
charged in the wikileaks scam, we might finally have an answer to the case. was there anything in those classified documents that he gave to wikileaks, did anything in there harm national security since it was leaked as classified information? and if it didn't, then why were those documents classified in the first place but to protect the shame of those that were in those documents? at a pre-trial hearing today in fort meade, a military judge gave the defense access to the government's wikileaks impact assessment, this after two years of delays. manning's attorneys say the government has been playing word games, ultimately, to weasel out of the ruthless truth. joining us now in a d.r. exclusive is david house, close friend of manning's and co-founder of the bradley manning support network. classified information, david, is classified in order to
4:17 pm
protect national security. the accusation is classified information was released and as a result there is the opportunity to run an impact assessment in the past 24 months to reflect. i understand you can tell us what it says. >> it's really twofold. first of all, the government has been claiming that it doesn't have access to give information to the feds, information such as what damages, if any, came from the wikileaks impact report or release of wikileaks information. the defense obviousing has bejv keeping very close tabs and they can find out in their defense arguments whether or not any damage was done to national security. just today the judge said yes, the state department must actually turn over this information, this impact assessment, to the defense. this is more stonewalling from the government. in court today, david coombs said, how can we get access to this report?
4:18 pm
and the state department said, you actually have to go down to the headquarters yourself and request it. david has been unable to get it from the court itself. this is a long stream of stonewauston stonewalling from the government. >> at the end of the day, we've watched the system go a little haywire with john edwards who is clearly an odious, contemptuous, pig of a man. they came out and said we would approve of these expenditures, but despite his despicableness, they were unable to subject him to jail. how much do you think the government is basically trying to deny access to the impact report such that they're not forced to be held to account for, really, overreacting with bradley manning in general
4:19 pm
because of their own shame and humiliation, not because of any matter of national security? >> that's a really good question, and to actually answer that question, we'll have to look at the government's history in this case so far. it's important to note that the government had access to information for the prosecution of bradley manning for some nine months that it denied access to the defense. and this information is called brady material. now, brady material in a court martial sense is information that could be used to prove the innocence or guilt of the defendant. now, the government had claimed in the court martial proceedings that this information was taking a long time to go through, they had been reviewing it, et cetera, and it was taking so long to get it to coombs and they would have to wait longer. recently, a stack of documents reached the desk of david coombs, bradley manning's attorney, in which the brady memo was found, and the brady memo essentially outlines the government has not been looking at the brady information, has not been very viewing reviewing
4:20 pm
defense and has been essentially destroying information. some of the hard drives that were in the operating base where manning was stationed had been destroyed. so it looks like the government is destroying evidence in the process of not giving up this information for discovery. >> did david coombs address your assertion with the government? >> yes. in the hearings last april, david coombs brought up the fact that hard drives were actually being destroyed without the defense having access to that information. and most recently, in the hearings happening the 6th through the 8th down at fort meade, what's been gone over now is the fact that the government has actually been lying about whether or not the information was reviewed before being given to the defense. if you ask me, this reeks of pentagon investigation. there is case after case where
4:21 pm
the defense has been unable to get information fairly. >> what is the piece of information that you believe you understand that no one else does, that if we understood what you understood we would be more inclined to agree with you? >> so the information contained in the wikileaks impact report, that information is being withheld because that information essentially details no harm came to national security as a result of the wikileaks releases, the same thing that nato and kabul, the same thing that wasp international was saying last year, and the same thing that hillary clinton said the damage was, which was none at all. so the government is trying to keep this impact report hidden as long as so it doesn't impact its case against bradley manning. when it comes out, it will be very impactful to manning and his supporters. >> you heard it here. what is the timetable, david,
4:22 pm
for you or for the public in general to see this report, and is that even calculable? >> the defense is getting access to the reports. as soon as they go through the legal hoops and can do the circus act that the prosecution wants them to go through, they'll have access to it. >> days, weeks or months? >> months, likely. given the government's stalling in this case, possibly months. >> okay. thank you for your reporting, really, david, and thank you for sharing your story with us and obviously trusting us to be good custodians in getting the information at least a fair hearing. we appreciate your competence in this. david house, close friend of bradley manning's. thank you, david. co-founder of the bradley manning support network. that report up next here. two sets of rules and two ways of doing business, my friends. our special is recap toturing t
4:23 pm
lost genius of prosperity. [ female announcer ] did you know the average person smiles more than 50 times a day? so brighten your smile a healthy way with listerine® whitening plus restoring rinse. it's the only rinse that makes your teeth two shades whiter and two times stronger. ♪ listerine® whitening... power to your mouth. so i wasn't playing much of a role in my own life, but with advair, i'm breathing better so now i can take the lead on a science adventure. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator, working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis
4:24 pm
and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, take the lead. ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. trouble with a car insurance claim. [ voice of dennis ] switch to allstate. their claim service is so good, now it's guaranteed. [ normal voice ] so i can trust 'em. unlike randy. are you in good hands? so i test... a lot. unlike randy. do you test with this? freestyle lite test strips? i don't see... beep! wow! that didn't take much blood. yeah, and the unique zipwik tab targets the blood and pulls it in. so easy. yep. freestyle lite needs just a third the blood of onetouch ultra. really? so testing is one less thing
4:25 pm
4:26 pm
today's economy, the single best predictor of success by far is a good education. i want more people to be able to make the investment you are making. i want to make it easier for more students like you to earn a degree without shouldering a mountain of debt. >> that, of course, the president moments ago talking about the cost of college. but whatever you pay, what exactly are you getting? especially when it comes to business schools. there seem to be two very distinctly different models, one teaching an entrepreneurial version of capitalism with capital requirements to make things, solve problems, and another that effectively uses n infinite leverage to take
4:27 pm
things, and our specialists think it's time to change not only our country but our world by understanding better how we do business and changing to the methods that create value for others. luigi gonzalez is a professor of entrepreneurship and finance at the university of chicago's school of business, one of the most prestigious business schools in our country, and capturing the lost genius of prosperity. how do we do it, professor? >> we used to do much better, and i came to this country leaving behind a country where we not only have a world of nepotism but we live by it. i came to this country because it represented a sort of freedom and opportunities, and as far as i'm concerned, i did great. but now looking around, i realize that the country is not what it used to be, and i think that there is a growing resentment against a sort of equality and a growing
4:28 pm
resentment against free markets that is really undermining the way the free market are working. and that's my concern. >> if there's no where else to go, so you left to come here and were assuming this is the place to be, what can we do here? i know you mentioned attacking education and health care through competition and that we can improve some of the qualities there? >> yeah. i think there are at least three things, three orders of things we can do. the first one is bringing more competition to the plate. i think that's part of the reason why people feel disenfranchised. every american feels his or her wages are not going up, but the cost of health care and education are going up a lot. and part of the reason they're going up a lot is they're not providing a really competitive market and they're heavily subsidized by the government. we heard earlier president obama saying we want to provide more people with education. that's great, i think we should
4:29 pm
all want that. the question is if the government has a huge amount of subcy did subsidy and the amount is not there, that's a goal. the second goal, i think we need to change the way we do economic policy. i think we have too much complicat complications and too many subsidies. i want to come to the point that even congressmen understand what they're voting for, and i want them to provide the data to where nations are accountable to people. i do believe in the intelligence of american people and the ability to make the right charge when they're presented with the
4:30 pm
facts. but i think way too often things are so complicated that basical basically there are people in congress with the onset agenda. >> jimmy? >> professor zingales, you talked about regulation, and i think that's a legitimate concern. do you think lead in our pipes or baby food or methane in our environment, do you think we should just let the american people decide which baby foods they want to buy without being told what's in them or should we regulate and let them know what's in them so they can make informed choices, like you just said. >> i think definitely we want people to make informed choices. i'm not against regulation altogether, what i'm against is excessive regulation. >> specifically what? >> let me be specific here. think about land and water. i think you want to create standards, but you want the
4:31 pm
standards to be enforced by sort of a class action suit rather than government agency, because the government agency was seen from the epa to the spc to be a draft. >> karen? >> i guess the question i have on that is isn't it part of the problem that when we leave it to things like a class action lawsuit, it's very hard for the people to bring that lawsuit to find a lawyer, to find each other, and isn't there some role of government to try to create some degree of consistency? and isn't the other problem i would love your thoughts on that so many in the business community have worked so hard to figure out ways around regulations or get tax breaks and sub as i hadis. i comple . >> i completely agree we have too many loopholes. that's what my book is about, is precisely this concern.
4:32 pm
but we don't want to bring about more complicated regulation, because regulation in congress is going to be driven by the industry itself. what we want to add is simple regulation sort of monitored by the people at large. >> like capital requirements for banks. >> absolutely. >> no problem. i can turn dodd/frank into one sentence. >> i love listening to you. i don't know if it's the accent, i don't know if it's because i agree with what you're saying. i could do this all day, professor. luigi zingales. "a capitalism for the people." all these sort of dastardizations for what people like to call capitalism. here's the author, here's the book. thank you, jimmy. thank you, karen and susan. thank you, professor.
4:33 pm
up next, robin hood to the rescue, and i don't mean that one. ♪ surf's up everybody get your boards and your wetsuits ♪ free-credit-score-dot-com's gonna direct you ♪ ♪ to check your credit score before it gets too late ♪ ♪ and you end up strapped for cash ♪ ♪ patching your board with duct tape ♪ ♪ so hit free-credit-score-dot-com ♪ ♪ find out what credit's about ♪ ♪ or else you could be headed for a credit wipeout ♪
4:34 pm
offer applies with enrollment in freecreditscore.com™. but when i was diagnosed with prostate cancer... i needed a coach. our doctor was great, but with so many tough decisions i felt lost. unitedhealthcare offered us a specially trained rn who helped us weigh and understand all our options. for me cancer was as scary as a fastball is to some of these kids. but my coach had hit that pitch before. turning data into useful answers. we're 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. mcallen, texas. in here, heavy rental equipment in the middle of nowhere, is always headed somewhere. to give it a sense of direction, at&t created a mobile asset solution to protect and track everything. so every piece of equipment knows where it is, how it's doing or where it goes next.
4:35 pm
4:36 pm
since robin hood starts every single year with zero funding, it raises money through events like the dinner we're all attending tonight. and just like robin hood, everything it has, it gives to those less fortunate. >> you know i love robin hood. maid marian and little jan. >> no, it's little john. >> is that how it goes? >> i'm not doing that with you. >> that, of course, brian williams and jimmy fallon. the robin hood foundation gala last month, robin hood joining
4:37 pm
forces with the xpride foundation to fund a $1 million prize for the team or individual who can find a solution to end poverty in new york city and beyond. with us now is xpride founder pet peter. your efforts to mine asteroids in space, and as i think folks learn more about your mystery, sort of seeing how devoting your time and resources, and as you accumulate resources, how you try to reallocate them tie sio single mission, and that is the belief that if you give people a clear reward and a clear destination and a clear metric to measure how they're going to get there, all they have to do is figure out where they are and how they're going to do it, and i'm sort of interested to understand why you have so much conviction. you've lived a life that goes a good distance where you really
4:38 pm
have tried to catelize this. >> dylan, we're living in a time where exponential technologies, robotics, computers, network systems, synthetic biology, all these things are tools that are empowering individuals to literally do what only governments and large corporations could do before. today an entrepreneur has the ability to touch in a positive way the lives of a billion people. it's never been that way before. they are more empowered than ever. the question is, if they have that kind of power, where do you point them? how do you incentivize? you get what you incentivize, so whether it's opening the space frontier to asteroids or whether it's creating 100-mile-per-gallon cars, my belief is that experts sometimes are not the people -- they're
4:39 pm
the ones who can tell you exactly how it can be done. >> so if you look at what you're saying, you're basically saying, i'm willing to put up and harass other people to put up capital in order to set missions where we try to incentivize the crowd, the billions, everybody we don't know who know things we know we don't know, but somebody has got to know it, and we're saying let's invite them to a mission -- we'll set these missions and we'll try to be noble in our mission setting. i can see there is no billty and sort of the goals, right, sand use collective collaboration to do it. thai been trying to do this for a long time and it hasn't worked, right? >> it's called slavery. >> i'm very optimistic myself, quite candidly, and i suppose we're both very optimistic for similar reasons, but just for the benefit of not tainting the narrative with my own words, why are you so optimistic that now
4:40 pm
is the time to push? >> because now the individual, unlike 50 years ago or hundreds or thousands of years ago, the individual has such power, you have the ability, given the internet, given artificial intelligence tools that you have to literally get together with other people on the other side of the globe. you don't actually have to be living next to them. you can find people with similar passion or complimentary skills team up and solve problems. this never existed before. so the power that exponential technologies have given us now enable people to do extraordinary things. you have to focus them. >> so your point is the mission ingredient is mission clarity. >> people do this not for the money but for the love. they want to have significance in their life. they want to prove what they can do. if you can give them that incentive and the global visibility that you, the news media, provides them, they are willing to risk everything. and sometimes a true
4:41 pm
breakthrough requires extraordinary roisk because the day before something is really a breakthrough, it's a crazy idea. large companies, governments don't try crazy ideas. entrepreneurs try crazy ideas. >> and i am thrilled to see how many of you have already incented to be crazy and get crazier. >> just to say, robin hood raised $19 million to launch a series of x prizes to fight the root causes of poverty, and we're really proud and excited to team up with them. paul tudor jones did an extraordinary job that evening. >> and that's just a classic anecdote showing the interpretation we were just discussing, applying to a problem, setting a mission and having at it. i think we'll both enjoy participating, and as a new yorker, benefiting from living in a community that has more equality and a lower bottom, if you will, which seems to be the
4:42 pm
number one challenge in the world right now, which is sustainable food and energy, so thank you for your efforts in that regard, peter. check everything out at the robin hood foundation website. you can always learn more about peter on the internet. that's why they invented it. the x prizes, of course, all about taking that leap. you just heard peter implore us to do it, but how do you know when is the good time to jump and what is the best jumping technique to enter your collaboration? that's what our next guest set out to find out. he said if you want to go for the x prize, how do you do it? taking that leap after this. the medicare debate continues in washington...
4:43 pm
...more talk on social security... ...but washington isn't talking to the american people. [ female announcer ] when it comes to the future of medicare and social security, you've earned the right to know. ♪ ...so what does it mean for you and your family? [ female announcer ] you've earned the facts. ♪ washington may not like straight talk, but i do. [ female announcer ] and you've earned a say. get the facts and make your voice heard on medicare and social security at earnedasay.org. [ male announcer ] they were born to climb... born to leap, born to stalk, and born to pounce. to understand why, we journeyed to africa, where their wild ancestor was born. there we discovered that cats, no matter where they are... are born to be cats. and shouldn't your cat be who he was born to be?
4:44 pm
discover your cat's true nature. purina one. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering, web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account.
4:46 pm
>> organizations of professional baseball because he's got non repairable nerve damage in his elbow and he can't throw. >> he can't throw and he can't field, but what can he do? guys, check your reports. get on base! >> from there, simply actually hiring players who are good at getting on base, it was an interesting concept. oakland went on to win 20 straight games on the back of billy bean. it was a league record, and our next guest says that sort of performance was because of the team's good use of what he calls risk intelligence. in the army they call it mission analysis. so how do the rest of us do what the oakland a's were able to do,
4:47 pm
or for that matter, the marine corps? dylan evans is a founder of projection point and the author of "risk intelligence, how to live with uncertainty." we were talking before this broadly in anything we do, there is a planning period, there is a briefing period of who you're going to do it with, there is an execution period, and sometimes there's a debriefing, and sometimes there is before planning, mission analysis. what you're saying is, and really what we're saying in the oakland a's example or the army, they do a lot of mission analysis which helps them make better judgments later when they go to the next prize thing or whatever it is. what is mission analysis? what is risk intelligence, as you put on the cover of your book, and how do we learn how to do more of it? >> well, risk intelligence is about figuring out how likely something is to happen, putting a probability on it. so when we're trying to figure out where to place our funds, or is the mission going to be successful, we've got to identify how likely is that to
4:48 pm
succeed? >> let's use peter diamandis, and i have an idea to end poverty. i'm going to enter myself in the x prize before the show is over, but before i do that, what do i have to do? >> i have to know which one will have the biggest impact. i have to understand, if it works, how many people is it going to affect? >> what's the pot of gold best scenario? >> exactly? but besides that, and this is the part people forget -- >> the pot of gold, i can relate to that. it's going to be great. >> how likely is it? what are the chances it's going to work? >> if i'm involved, it's going to be fantastic. sdp >> exactly. there are a lot of mistakes people make in this. you have to be honest with yourself, and this is one of the things. i went around the world interviewing some of the most
4:49 pm
successful gamblers. these people seriously make millions of dollars a year, and they're incredibly honest with themselves. they're ruthlessly honest. they admit when they don't know anything. that's the crucial thing. they're not overconfident. >> in other words, to do a good job, you have to be smart enough to know that you don't know so that you're asking questions. >> exactly. it's not so much knowing a lot or a little that really matters, it's knowing how much you know. you could know a whole lot of stuff, but if you think you know even more, you'll actually do worse than maybe someone who knows a little bit less but is aware of their limitations. >> give us an example of the most pedestrian example you can give. it's one thing with brad pitt on tv at a professional baseball game with high stakes for them. even the x prize, the rest of us
4:50 pm
having dinner. >> doctors are one thing. when i began to do this re research, i was teaching in a medical school. i was teaching medical students how to make decisions. >> how to do risk intelligence. >> how to do risk intelligence. one of the scary things i discovered was when they thought they knew what diagnosis was right, they were way too confident, and for example, if there was a 5% chance that someone had pneumonia, they would say it was like a 90% chance, and as a result they were recommending more tests than were necessary, they were causing their patients too much needless worry, and they were wasting resources. >> isn't it a risk, using your doctor's example, the awake scenario, which is i don't know, or the sleep scenario, i do know, i have to know sometime, man. >> there is, and sometimes the doctors feel that, they have to project an air of certainty, but i think more today, patients
4:51 pm
want to know the truth. they don't want to be pate ro niz -- patronized by a doctor who thinks he knows it all. they want to say, doctor, what are the chances? and if he hem-haws around, that's not good. they want to know the truth. >> to use the example that peter was talking about, for risk intelligence so you can do a good job before you go with x prize or whatever else, you make better decisions. >> exactly. you'll take this information and weigh it in your mind, and you'll be able to say, i've got a pretty good idea whether it's likely or not. >> then if the experiment fails, you can say, well, we did everything we could. if you want a guarantee, buy a toaster. >> the book is called "risk intelligence." the author is dylan evans, and if you want a guarantee, buy a toaster, apparently. otherwise do your risk analysis.
4:52 pm
guess who's here? our friend noah and he has some news for us. he says, you're not perfect and you never will be. ♪ switch to citracal maximum plus d. it's the only calcium supplement that can be taken with or without food. that's why my doctor recommends citracal maximum. it's all about absorption.
4:53 pm
tell me you have good insurance. yup, i've got... [ voice of dennis ] ...allstate. really? i was afraid you'd have some cut-rate policy. [ normal voice ] nope, i've got... [ voice of dennis ] the allstate value plan. it's their most affordable car insurance -- and you still get an allstate agent. i too have... [ voice of dennis ] allstate. [ normal voice ] same agent and everything. it's like we're connected. no we're not. yeah, we are. no...we're not. ♪ ask an allstate agent about the value plan. are you in good hands?
4:55 pm
hello, peter. what's happening? >> we have sort of a problem here. yeah, you apparently didn't put one of the new cover sheets on your tps reports? >> oh, yeah. i'm sorry about that. i forgot. >> yeah. you see, we're putting the cover sheets on all tps reports now before they go out. did you see the memo about this? >> office work stressing you
4:56 pm
out? that scene makes me laugh. >> that's a great movie. >> do you need to make every little detail on the tps report absolutely perfect? do not bother if that is your personality because joining us now is noah kass, clinical director with tips on how to make all of our days a little more workable simply by a psychological frame of mind. make it a little easier on us. what do you got? >> perfection san expectation and it's a freaking illusion. this idea that one day we will have achieved optimal success. >> you're saying it's not going to happen? >> the premise is off, right? >> what's wrong with the premise of perfection? >> because it doesn't exist. how would quantify it? >> a snowflakes. a raindrop, a perfect wave. a leaf on a meadowy day. >> and in the workplace, what happens if something changes?
4:57 pm
it's conditional. it's not the idea that you should abandon progress at work, it's that you should start trusting your gut more in the product you produce. original thought is highly undervalued. often people go through two, three, four, five, six edits so that the original project that they thought of, that they were going to give to their supervisor, has essentially been abandoned, and we all know sometimes that original thought is the core. >> and you're saying subjecting ourselves to the sort of chewing on each other for perfection is actually predatory on explaining imperfect but potentially brilliant thoughts? >> george will said striving for perfection impedes improvement. silvia platt says perfection is terrible and has no children. it doesn't breed anything else
4:58 pm
unto itself. what happens when you get there? what next? >> i would imagine you get happy. you're saying that's not true. >> i think you try to find a new goal. think about it on your show when you felt the most honest, when you felt like you've had the most sincere moechment. i guarantee it's not been a quantifiable question you asked, it was something internal and an original thought. >> but it's interesting in the sense of when you lose perfection for whatever -- what you have to create is opportunity. when you release yourself from the commitment for perfection, you then create the opportunity to do countless things that may or may not work. >> it could be in the moment, and that's where businesses thrive where curiosity and creativity is allowed. >> hear this guy? he came in special from new york
4:59 pm
city, so listen to him. >> i have to make a bus now. >> you told us how it is. kass and couch, you saw the couch. >> no couch. >> that does it for us. i'm dylan ratigan. "hardball with chris matthews," in fact, begins right now. anti-democratic shenanigans. let's play "hardball." good evening, i'm chris matthews in washington. let me start with this personal voter rolls down in florida. why is the secretary of state down there going through the voter list and removing people this summer before the presidential election? is he looking for suspected aliens or suspected democrats? it does smell like what that same government did back in 2000 when parliament was
199 Views
IN COLLECTIONS
MSNBC Television Archive Television Archive News Search ServiceUploaded by TV Archive on