>> scary mary. that's the extreme, but the threat of a massive failure in our power grid is real. and we have got on an expert to break it down for us. lieutenant colonel tony shaffer has been advising members of congress on threats to the grid as a senior member of the new task force on national and homeland security. so walk me through the most immediate threats. what do we have to address right now? >> right now we have an aging power grid as you pointed out that's not resilient and the smart grid we're going to ain't much better, why? because the bottom line is how do you create profit off the transmission of energy, how can energy be processed moved and effect tiffly used during

blackout or extreme conditions. the bottom line here, just so everybody understands, everything we have, even coffee makers have chips in them and frankly if the power doesn't work, the internet doesn't work and every aspect of life ceases to function reasonably if at all, as most of us have experienced with blackout here in washington just ten days ago. >> you say that we should all be prepared to live without electricity for a week. i loved in alaska off the grid, so i'm pretty sure i can rough it. but for our city slickers, what would you have them have in their go-bags or in their basement. >> do you say? place? do you shelter in place, or do you go somewhere. if you can shelter in place, do so. i have at least 15 gallons of water and a month of food, that's probably overkill. but let's look at a big city

like new york city, you don't want people to leave the city at a time when everything is failing. so i recommend at least a week, a month if you can do it, the other thing obviously is to be prepared to move, have a go kit that has everything you need that you believe you need to sustain yourself, important documents, everybody you want to have in a place that you can grab quickly. i actually moved to virginia beach for a week safely instead of trying to ride out the three days of blackout we had. >> why is it in a situation that would be a little bit chaotic, the grid has gone out and you would encourage everybody to have a hand gun or rival in their go kit. wouldn't that only add to the chaos? handgun for food? >> i had a feeling this was going to come in. i have a weapon, virginia is an open carry state, the first thing did, by the way, the first thing i did, my son is a

voluntary fireman in springfield, the first thing he said was dad, 911 is down, so i put a gun on because i'm responsible for my family's safety. not everybody can do that, but clearly the criminals who will be the only ones who can respond more rapidly than the police in a situation where there's no civil order. >> i don't have a gun or rival, but i do have a very sharp pair of scissors. tony, we were talking about this really wide swathe of the country that's going to be covered, that is covered with this heat. i wonder are there particular cities, particular area where is the grid is sort of extra vulnerable, that the threat of a blackout in the next few days is a little bit more severe. >> where you're at obviously. any time you have a severe drain, you're talking about brownouts potentially occurring. you guys in particular, because of the hot air we generate here from that building behind me. with that said, you have to actually try what you can to

mitigate your own use. this is one of those situation where is you've got to be very conservative in your own use because that does mitt gate what's going on or pulling off the grid. large urban areas, new york has been victimized by this morning once, this is an individual thing as well as a macrothing, we all should do what we should do to minimize our own use of energy in places where it's going to be over 100 degrees. >> we were talking about a blackout by potentially a blackout from an electrical storm. but you also talk about a blackout from an electronic pulse. -- electromagnetic pulse. >> three things real quick. a high blast in 1962 that took out most of the pacific. the june generate this is stuff,

so can nuclear weapons. there's something called the shield act now on the floor of the house which should be passed. yvette clark, by partisan are being pushed through, so we can strengthen our power grid, and as we all pointed out already, it's more expensive to recover than to prevent. third, everybody needs to be prepared, whatever happens to a certain level. roscoe bartlett has on his website flight a resiliency plan that people can look at and try to plan for their own protection. there may be times that we're down for just a week, but if we don't prepare for this type of disaster, a deratio, people came all the way from ontario canada to help the washington, d.c. area, what if they had their own problem? washington came back quickly, but it didn't mean everybody would be able to if everybody's having the same issue. >> and tony real quick, tell me

a little bit about nerk and ferc. nerc, the north american -- privately owned, they are a profit making enterprise. the federal elect trick commission, overseas this process. if there's a good guy-bad guy story here, the ferc is trying to do the right thing and prod nerc to improve the grid. we need to find out what's best for the consumer. we need to make sure that this new grid is able to sustain itself through any sort of disaster. this is why i'm -- frankly every american should demand that the congress and the f ererc do the right thing so that their power will not be interrupted under

any circumstance. >> next, it's hot outside and it will get hot in here. the return of anthony weiner and olympic sexcapades when we return here on msnbc. [ kimi ] atti and i had always called oregon home. until i got a job in the big apple. adjusting to city life was hard for me. and becoming a fulltime indoor cat wasn't easy for atti. but we had each other and he had purina cat chow indoor. he absolutely loved it. and i knew he was getting everything he needed to stay healthy indoors. and after a couple of weeks, i knew we were finally home! [ female announcer ] purina cat chow indoor.

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♪. >> "today's" spin cycle contains graphic discussion of sex. viewer discretion advised. my advice, watch because it's going to be fun.

first up former disgraced congressman anthony weiner. a sex scandal before he resigned from the house after an attempted seduction that never ever works. >> you know what is perhaps the most upsetting thing, the most upsetting thing about having a friend caught up in a scandal of this nature is finding out, a, he's backing jungle heat and, b, that he's ripped. i can't believe this guy and i are the same [ bleep ] age. that's my problem. here's a picture of me from this morning. i mean -- >> anyway, the ironically named ex-congressman is now making noise that he might like to be the mayor of new york someday. does he have a better chance of scoring women over the net? yes. because the mayor is a big figure in new york, this

person's name is mud, people think he's gross, as we established yesterday, i'm a betting man, i want to lay out a line for you guys, ten to one against anthony weiner ever becoming mayor, so if you would bet against me, you would say yes, and you would get $10 if he ever becomes mayor, if he never becomes mayor, you can give me a dollar. >> i'm going to say he's never going to become mayor. if we elect this loser from mayor to public office, to dogcatcher, then we get the government we deserve. that said, i would love to see him on tv, because terrible people belong on tv. >> he should never be mayor of new york city. >> he's not going to run for mayor next year, but he might run for public advocate, the main function of the public

advocate is to position yourself for running for mayor. that is probably anthony wein weiner's game. the thing we really need to remember, i think, about anthony weiner is there was a mistake that was made and he became kind of a cable news star of mistaking noise for substance and noise for influence. he was not an influential member of congress, there were no great pieces of legislation to his name. that is guy who was a showman first, a narcissist and was and is as evidenced by these stories is incredibly, incredibly -- >> there are stories of people making terrible decisions, making bad judgments, but still having a lot of friends. >> he does not have a lot of friends. >> that's why everybody immediately threw him under the

bus because he doesn't have those alliances. but i'm actually more troubled by the idea of him running for public advocate. even though it's a springboard to mayor, it's a role that has real responsibilities. and as somebody who lives in this city, the idea of anthony weiner being the public advocate is deeply troubling. >> the level of character he showed in the scandal, not just the incident but also the lying. but speak of photo finishes, it's time to talk olympic sexcapades. in the olympic village, there will be 100,000 condoms they will be used. the athletes are young and hot and after bei-- one athlete sai i've never witnessed so much

bebaub debauchery in my entire life. they're just picking each other out. how about you? yep? how about you? yep? let's do it. >> i was on a swimming team in high school so this story did not come as a major surprise to me. as you set it up, under the stress of training, i wouldn't describe the training of monk like in my experience, but being young and unsupervised -- >> i have to say, what you're describing there is a very steamy scene, but what really makes it hot is when they start talking about wealth akz wiz situation.

>> i mean if -- i don't want to get too racy here. >> but you, i mean you're in this situation? a, i am sure you want to blow off some steam, it could be all competition, all the time, you need an escape, you're young, you're sort of at the prime of life here, and you're surrounded by very attractive athletes. >> i couldn't imagine anything else that would happen. i think it's great that -- they spent all this time preparing to represent their nation, be it in the united states, wherever, they get together, they want to have a good time. they absolutely deserve it. >> i should point out too, that it's usually once they have finished their events and they're still there that they get into farther scene. >> remember body miller had his own camper away from -- what do

you think he was doing in that camper? preparing to go down the hill? >> i think he was smoking. >> we'll see how well he did, he wasn't doing a lot of preparing. >> there was also a suggestion that some this may be sort of a bit of myth making, intentional myth making on the part of the athletes who know that people are aware of how many condoms are there and they maybe take them instead of using them so they will be replenished so all these stories will be out about the debauchery that's going on. i think that will be at least 5% of it. up next, government for the people by the people that is if you're in the 1%. is it possible to take some of the power back in the electoral system away from the rich? the atlantic phillip howard is in the guest spot next to do just that.

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>> i want to draw your attention to a dwoet from a lawrence lessig article which sums up his point and yours well. it is as if america ran two elections every cycle, one a money election and then a voting election. to get that second vote, you

need to keep that fraction of one percent happy. explain that assertion, unpack that a little for us. >> money is the mortar of the status quo. i mean everything knows that, you can have everyone in favor of reform and i have been there before and have one special interest oppose you and it won't even get to the floor of congress, even though you have consumer groups, industry, everyone else in favor of it. in my case it happened to be a reform that the trial lawyers imposed. but it happens with all interest groups, so we wonder why nothing ever changes and congress keeps kicking the can down the road. because there ee's relatively aw special interest groups that give all the money. >> i wanted to ask about one of the specific subjects in this piece. >> larry lessig's idea which i think is very creative, is to

let each voter designate $50 from their tax return to go to one designated candidate, whoever they choose and that's how you would fund campaigns and you wouldn't allow private financing otherwise. that's one of many ideas. another idea is just to expand the presidential finance system which allows for matching grants by government contributions, but with fixed caps, you could do that and make it mandatory. >> without a constitutional amendment, though, aren't we still going to have a situation even with all of us having $50 democracy vouchers, if sheldon adelson is giving 50 million, is really going to change the game that we have got. >> most people think we do need a constitutional amendment. you could certainly tighten up the whole idea of the -- if some independent person wants to give $100 million they have the right

of free speech to give that money. but the trouble is most people don't think they're independent. the one that gives the money ends up sitting next to the candidate on the campaign trail. you could certainly tighten up those rules not to have any communication with the candidate. >> isn't it inevitable that the people who have the most money, the super wealthy, the 1% of the 1%. to control politics, just the way they control every other aspect of life? >> i put thought out there. but i'm just struck by the evolution of campaign finance law in this country, we're always sort of looking at the same problem, so in the 1990s, 1980s, soft money was the big thing, the method of influence to the rich was soft money to the major national parties. so what popped up, the 527s, in

2004, the bush-kerry rate was all about the 527s, and that's not good. now we have the super pacs shows up. the 524s popping up. if people honestly can follow democracy and follow elections and public policy much more than they do, we would not be worri about that. >> isn't it inevitable that the rich will control these elections. >> money always finds the cracks so unless you change the frame of reference and have an electoral system that isn't based on your ability to give as much as you can. i think the rich are mainly dupes, the people who are really powerful here are the special interest groups who give $30

million, $40 million, $50 million to keep the status quo going. there's only so many frebies you can give the to the rich. >> who are -- >> higher wages that they got in the new deal, trial lawyers, it was just -- there's a whole city full. >> but i guess the question i would have about that phillip is that i understand money came to stored elections, especiallily when you get lower on the ballot, but aren't we talking on a certainly level also here, when you start talking about restrictions and you start talking about new laws, we're running up against the essence of democracy, we keep running up against the voters who represent corporate interests or labor voters or whatever. there has to be a role for that,

doesn't there? >> absolutely and interest groups represent all of us in a variety of ways, but at this point, we're getting the best government money can buy, it's incredibly cheap deal. we're only spending $1$10 billi in every political elections and they're getting over $10 trillion. >> fill whip, just to make sure, you're talking about left and right here, i'm assuming that you would agree that colorado is a good example of in in the gang of four bandsed together. >> r 527s so flip the state. this would be an example of what you're talking about. >> that would be an example. >> just making sure. >> thanks, phillip. hooked up and hooking up. you may not understand that, but media ecologist jack meyers says

the next generation is primed to be the next great generation. he makes the case straight ahead on the cycle. [ male announcer ] turn 1, daytona. riverside exit, i-95. variante ascari, monza. mile 7, highway 1. wehrseifen, nurburgring. the horseshoe, twin peaks boulevard. every famous curve has an equally thrilling, lesser-known counterpart. conquer them, with the lexus is performance line,

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that create american jobs. ask congress to stop a dividend tax hike -- for all of us. how long is the grace period, generation period, jack myers says the college classes of 2012 to 2016, the quote unquote hooked up generation

have a krunique power to connec us all. jack myers new book "hooked up" describes that. tell us about it, you call the script of individuals, you call them internet pioneers, who are they and what sort of sets them apart from the rest of us? >> this shares a partial outlook on the much maligned generation, it's the first generation to grow up with the internet that are in college today. because they're online they believe that everything is social and collaborative, they believe human equality and acceptance of diversity are birth rights, they have grown up online and to them the internet is a community center, a stablizing center in a very destructive would. i did two years of research and made the case in "hooked up"

that this is in fact potentially the next great generation. >> you put a positive spin on it. but since you indicated that they were much maligned, i'm going to mall line them a bit. we did a story on the "newsweek" article "i crazy." take a look at a clip from our segment. >> in january, chinese researchers compared the brains of internet addicts to the brains of other addicts, alcohol, drug addicts and they show similarities. so to be an internet addict is to have brain chemistry a bit like any other kind of addict. it's no longer a joke. >> so that article also says that we are not just dumber or lonelier, but more oppressed and anxious, prone to compulsive, even attention deficit disorders. even down right psychotic due to

our internet activities. that doesn't sound great. >> i read that news piece and i found completely different realities in the real world. i didn't do a chemical brain study but i did do a study of over 200 interviews with young people and did a very positive outlook on this generation. first of all the idea of mill less than yals of children born 1982 to 2002 is a myth. right in the middle of that in 1993 came the internet and it's a dividing line between everybody who came before and everybody who came after. but what i found right in the middle of this generation of pre-and post internet, born between '91 and '95. a group of what i call internet pioneers, i call them a bridge

generation, they're the first to cross into the new internet age. as believers they believe in building a more stable future, they believe in building a more tolerant society, they believe in using online tools for social good and for bringing people together. that extends to economic balance as well. they believe in economic palance. >> we're also talking about a group whose brains have been shaped by the internet so they are a little more quick thinking, a little more multitasking, the word shallow is pejorative, shaping their persona by the net in a very active way. and all their interactions online are not positive. this is a tremendous amount of cyber bullying in this generation, so there's a lot of sort of neural changes that are happening in this generation because of their connection to the internet, right? >> they're not just an internet, a generation that's been formed

by the internet. they're a generation that's grown one disruption, with technological disruption, economic collapse, political polarization, 9/11, a war on terror. they're a generation that moves to the internet to find peace, harmony, stability. 6 and they're a generation that uses the internet almost as a community center, a place to come together. they believe in human rights, they believe in diversity, they have strong opinions, but they believe everyone has a right to their opinion and they have very little patience for those who are intoll rantd of tand of the of others, they have very little patience but they're turned off by the economic instability we have today and by the collapse of economic and financial ethics. they're a generation that believes in seeking stability, financial stability, economic

stability, political stability. >> they're also a generation that has a much greater relationship with their parents than gen x had, this is more the sort of tracey flick from the election model, where their parents are helicopter parents that are very mump involved in their lives, making up for the lack that the gen xors have. >> the name of the book, they're hooked on the internet, hooked together by the internet, they're also hooking up in relationships demined and managed by the relationships. they're a female centric society, 60% of college graduates will be women and women will become a much more dominate. force in all aspects of society. they're also generation that as

grown up. they believe in being sexy and being serious are acceptable, being sexual and being smart are n . -- there's no baggage attached to sexual liberation by men or women. so they come together in this belief of sexual equality, but they also are the last thing that women want today, and men also are long-term relationships, more so women, they're serious, they're focused, they're looking at their foot, and to your point, they want marriage, they want them later in life, in their late 20s and early 30s and because of that focus on careers and their future and thinking ahead they are going to have more marriages that stay together longer and are more successful.

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every child is born gets not only a social security number, but also a savings account that would help them pay for post secondary education, buying a home eventually for retirement. these american stake holder accounts are just one solution presented by the latest issue of smchlt the washington monthly." phillip, i read this and i think it's a really interesting idea, an idea that's sort of the basis for it. as a country right now, we are not good at saving money, and if you look at sort of the asset acquisition, asset management policies that the federal government has, they really are kind of skewed twar eed toward half of the people, so i want you to take us through what your solution to that is. >> weapon, sure, basically the thought is can we save the next generation from the miserable

old age that so many baby boomers are going to have by recrafting our savings policies and i think the answer is yes. the first thing people have to understand as background is that social security, although not about to go broke, going forward offers a much less generous deal to younger people than it did for the last generation of retirees. so you know the last generation took about $250,000 to $300,000 more out of social than they put into it. under currently law, today's kids are only going to get about a dollar back for every dollar they put in. and the program only promises to replace about a third of their income in old age. so we're facing a real crisis of old age for the next generation unless we do something. and what we can do is get kids saving very early and i sketch

out a plan for how we can do that in a safe and easy way. >>. >> it sounds like from birth, you get an account, your parents can contribute to it, when you start working, what, 4% of your paycheck go into account? and what are the main features of this? >> every child when they're born gets a savings account, parents and grandparents, anybody else who wants to contribute to it can. when you start to work, 40% of your income go into this account. at age 18 or so, you can use a portion of the account for college or job training, but most of it has to be saved for retirement. most of it is safe investments that are certified by the government as being a safe and low fees, terminating at 50 or so.

there e there's -- a monthly income just like social does. if you make very reasonable i assumptions about rates of return and stuff like that. a typical lower middle class kid born next year who remains in a lower middle class job throughout his life. and starts savings at -- perhaps putting into his account at birth and puts 4% away, he might be able to look at having a yearly income at age 67 of $33,000 a year in today's money. which is not very much. >> jack, i'm worried about that kid, if this works for the middle class, right, middle, middle class, lower middle class, working class, i'm very concerned about taking 4% out of their paycheck, they don't have

parents and grandparents who can just give them money, i'm talking about people who are living paycheck to paycheck can't afford to save for age 65 and even 45 when they might buy a home or these sorts of things. that's maybe never happens for them. this doesn't really work for poor americans. >> under phillips' plan here, which i think he's positing more as a hypothetical than as actual policy, we could get into the politics of how impossible it would be to pass something like this with today's current congress. but also is a $500 credit for poor children. but what's interesting and we were talking about this a little bit before, in our little office upstairs, i think it's interesting and this is why i love this series because here is a suggestion from mandates and predistribution of wealth that

all of us take issue with and here i am the lib -- i don't like man dates and i don't like wealth redistribution, preor post. we need to find creative ways to encourage saving, especially for people to save their own money and not government money. >> for me, the two pieces don't have to be related. there's the child savings account piece, which i read about previously, which i think is a good idea. there are a lot of benefits to children, especially children who come from families of limited means, to having their own money and knowing they have that and being able to plan for it and think about money in real terms like i have this thing. the part with the retirement accounts to me is if you're apart, mandating people to take 4%. to me -- is that do you see that as a problematic part of this

plan, would everybody be subject to the mandated 4% contribution? >> well, under the plan, low income children and low income workers would receive deposits as it were to their savings account from government. so that would be helping to equalize opportunity in american society, so kids are starting off on a closer to an even keel. also, we would limit the amount of money that could be put into these accounteds so rich people didn't end up sheltering ungodly amounts of money. >> they wouldn't do that, would they? >> no, they wouldn't do that. i mean, the thing is, over a lifetime this just has to be done. we now live in an ageing society. we can't rely on social security to pay out more to each generation than each generation paid in. so this is a humble and simple

idea, but one that just frankly has to be done. >> thanks for putting it out there. >> thanks for joining us. so all this week, we're bringing you a special series of reports with the washington monthly. we're taking a look at the future of success and what it will take to get america back on track. an idea to give young people college credit for what they know. up next, american dreaming. s.e. wondering whether we'd be better off staying in our p.j.s all day. are so amazingly good, you'll get lost in an all-beef hot dog world. what was i supposed to wish for? why am i wearing a bow-tie? where did i leave my bicycle? after all, when you're enjoying the beefiest, juciest bite of pure kosher beef, nothing else matters. goodness gracious, that's kosher. with no fillers, by-products, artificial flavors or colors. hebrew national.

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american dream, the the american dream is merely an illusion as it turns out. according to president obama, you don't get anywhere through your open hard work. every success you have is thanks to the collaborative work of thousands from the people who collect your taxes to the people who pave your roads. well, of course that's true and that most folks have a kind friend, nurturing relative, a wise mentor or paved road to drive, we're all products of a community that helps each other out. that is why the president thinks we should abandon the notion of the american dream. an individual success in favor of collectivism, the belief that success is shared. in a speech he gave on friday from roanoke, virginia, he made his views on american success pretty clear. >> if you are successful, somebody along the line gave you some help. there was a great teacher somewhere in your life. somebody helped to create this

unbelievable american system that we have that allowed you to thrive. somebody invested in roads and bridges. if you've got a business, you didn't build that. somebody else made that happen. >> that's a frighteningly honest elimination of obama's world view that should make every hard working american recoil. many contributions to racism collectivism holds that the individual has no rights, that his life and work belong to the group, to society, the tribe, the state, the nation and that the group may sacrifice him to its own interest. obama's directive to drop the federal work requirements is a further kick to those who believe as bill clinton did, who should work for what we earn. work has no value for obama because in a collective, the few will support the many.

this actually puts into crystal clear context obama's vision of collectivist america. you own nothing. if that doesn't perk our years up, the president will be right. all right, guys, let me have it. >> so, i have to be honest. i listened to that and am unclear what your argument is. you're talking about collectivism and obama, but i'm thinking about what actions obama is taking or proposing that would remotely fit the definition because all i can think about is he's talking about raising the rates to 36 in 39.6%. in the highest marginal rates in this country, when a republican was president, still the rule, there were lots of rich industrialists in this country. over 70%.

we're at half the level if that we were generations ago, he's talking about a slight increase at a time where mobility, class mobility is declining. >> do you think he'd be doing that if he had house that was controlled by democrats instead of republicans? >> he had a house controlled and he extended the bush tax cuts. >> he had to and thought it was a good idea. >> is bill clinton a collectivist? >> we're not talking about the economic policies. i'm talk iing about the languag. it's also a political policy and this is political policy for the idea that what you do, what you earn, what you make belongs to everyone else and you should feel badly about making so much and paying so little even though 20%, 20% of top income earners in this country pay for the 70% of our income. >> logic in there. >> that's where we're going in a

second obama term. that does it for "the cycle." michael eric dyson picks it up from here. >> cheers on this sweltering afternoon in new york city and you, a good afternoon. it is tuesday, july the 17th and here's what's happening. economic plan would in fact create 800,000 jobs. the jobs wouldn't be in america. >> i wish this president would learn how to be an american. >> doesn't take three years to pick a new chairman of the board. >> the opposition research people want more information they can try and dig through. i've put out as much we're going to put out. >> the blind trust is an age old ruse, if you will. >> to the time machine! >> governor romney's experience has been investing in what were called pioneers of the business

of outsourcing. >> it's life a jungle, sometimes it makes me wonder how i keep from going under. we begin with mitt romney struggling to define himself as the obama campaign ramps up its portrayal of romney. it's an aimage at a victory rally in the pennsylvania this afternoon where he did his best to take the fight to president obama as a liberal, freedom killing, job crusher. >> president obama attacks success and therefore, under president obama, we have less success and i will change that. >> interesting that mr. romney spoke in front of a cryptic banner that read obama's upside down economy bec