guest john butler makes you feel a little less disappointed we try to not disappoint here meanwhile bill marcus said our guest last week william janeway who talked about how bubbles sometimes are important to innovation he said this family fellow doesn't know what he's talking about the dot com bubble was coincidental to the rise of the internet it would have happened and was happening anyway the dot com bubble was just some fat pig vulture capitalist parasites trying to make a quick buck off the back of it bubbles are a sign of an economy out of control perhaps but we think the distinction one needs to draw when speaking about bubbles is between price bubbles and credit bubbles the latter case being the really ugly ones ok in the later case leverage is used to take advantage of rising asset prices ponzi schemes develop and then the carnage of a popping of the initial bubble spread to the rest of the economy and you can get what we saw in the one nine hundred thirty s. and potentially what we are seeing today so not all bubbles are created equal we would argue longer too said what an interestin

avis and diane and bill and marcus and lawrence and bill and greg and darrell all had a hand in gettingou that pie. i'm john donvan for "nightline." >> how do i get on your gift list, john? thanks for that. >>> coming up a veteran returning home from battle with big hollywood dreams gets a very unexpected mentor. i have what science calls the nightly stuffy nose thing. i can't breathe, so i can't sleep. and the next day i pay for it. i tried decongestants... i tossed and turned... i even vaporized. and then i fought back with drug-free breathe right. these nasal strips instantly open my nose, like a breath of fresh air. i was breathing and sleeping better. [ female announcer ] exercise your right to breathe right. get two free strips at breatheright.com. hey it's your right to breathe right. >>> more than 200,000 troops are expected to retire from the military this year and when they come home they face another kind of battle, breaking into a new career. many are looking for a helping hand. when one soldier with hollywood aspirations went looking for a mentor he never dreamed who would

marcus. i can't confirm that with hillary. she is very generous with bill and chelsey so who knows. we don't know. we know tom nydes he is such a low level person a deputy secretary he did testify today, bill. >> bill: he didn't know anything. >> no. the most hilarious thing about this is the democrats on the committee were taking parting shots at republicans the ones leaving office. you are just bringing this up for political reasons and how dare you call into question hillary clinton's concussion and and marco rubio said why is this low level people are taking the fall here? does anyone have any answers about how priorities were or were not met? >> they let four, at least four people go from the state department. why? why? what were they fired for? what did they do? see, we don't know anything. it's just b.s. it's like this fast and furious business that happened. >> right. >> bill: the folks don't know what happened. who screwed up. >> charlene lamb is gone. she testified a couple of months ago on the hill. ask me i don't even remember who she is. the other thing that's disturbin

bill o'reilly, thanks for watching this special edition of the factor. we begin tonight with three genuine american war heros. chris kyl and former seal marcus la tremendously. all have remarkable stories to tell us. we begin with sergeant meijer. >> before we get to the book, and what you did and what you were honored for, recently, the u.s. command in afghanistan forbade american and nato troops from patrolling with our afghan allies. that is just stunning to me after 11 years in the theater. what do you think about that? >> i couldn't imagine. i was living withvi these guys, these afghans and i trusted them with my life. you know, i was so close to them that i was as close to them as i wasth the marines. >> bill: so and you were out in the forward bases so you had the elite afghan troops with you, right? >> i mean, they are just like a regular platoon. they weren't elite or special reports forces they were regular guys. >> regular guys out with you and you say that you trusted them as much as you trusted americans? >> did i. there was never any time i was worried about them a going against me or anything like that. i'm seeing the s recent

bill. america must take some drastic measures to at least get us on a path to do something to recovery. host: markkas from washington, good morning -- marcusgood morning. i was wondering how the corporate governance is being translated into the negotiations. it seems everybody has a lot of money but nowhere to go. host: where are you going with this question? caller: what money they will take to reduce the deficit. they do not know where they will put the money after that. host: any response for the caller? guest: what they are trying to do is cut spending and reduce the deficit. the only after the c i can say that would justify spending is for infrastructure and investment, the kinds of things that grow this economy. these state governments and their pensions, many are on the brink of bankruptcy. that is more money that we're not even discussed. there are so many leaks in this country. we cannot comprehend the many issues that america is facing. we to ask the government to make sacrifices and we must do the same in our own lives. we cannot spend more than we earn. the government is a mirror of who we are. we are a capitalistic nation. the