could be plotting an cape. >> they come get me i'm going to break out this bitch. >> the inmate is ronald wellsly awaiting trial for robbing a casino customer of his winnings and as well as a separate home invasion robbery. >> corporal mcleland, once we get everybody secured, we're going to get the inmate. now the jail special emergency response team will make a dynamic entry, isolate him from the others and remove him for questioning. >> go, go, go! >> face down! to the ground! >> in the turmoil of the team's arrival, corporal mcleland removes him from the unit. >> there's a reason for this and i think you know why it is. but i'm not going to lead you to the water and make you drink it either. >> all right, i'm trying to think because i ain't do nothing, don't talk to nobody, talk on the phone. i'm not going to talk to you. i want you to talk to me. >> wells is placed in a holding cell and corporal mcleland will conduct a strip search and question him. >> go to the left and walk all the way around. >> meanwhile, the special response team corralled the rest of the inmates to conduct individual

the expert ronald walks in like that. >> jimmy: were they angry? >> wellighter than nerf balls to juggle. >> jimmy: are you sure that tom was not screwing with you, it sounds like he might have been. did you actually work as -- did you get the job? >> i got the gig, my first gig, they send me to the closing day of school, you know, the last day of school, elementary school. and all the mcdonald's reps are in the back. i'm trying to do this magic show, doing a poor decision, i said let's do the chicken mcnuggets. i did this pan, i take a top off and a rubber chicken jumped out. i see all of them writing no, do not do that. then i panicked, i'm like okay, i'm going to give out candy, i went down, you're supposed to have them come to a safe area. and then bring the kids in. i go down, it was like the beatles had walked in. they attack, they reach into my pockets, he has candy. they tear my pockets off. candy is flying everywhere. and i'm getting mobbed. i had more candy, i take it, throw it in the air. give the candy, they all run, i run out of the place with

ronald was -- hi. hi. like that. >> jimmy: and did the people -- [ applause ] were they angry? >> wellto have gloves and he gave me these balls lighter than nerf balls to juggle. i went hey, they were rolling down the table and -- >> jimmy: are you sure that tom wasn't screwing with you? it sounds like he might have been. did you actually work as -- did you get the job? >> i got the gig. my first gig they send me to the closing day of a school, you know, the last day of school, elementary school. and all the mcdonald's reps are in the back. i'm trying to do this magic show, doing a poor decision, i said let's do the chicken mcnuggets. i did this pan, i take a top off and a rubber chicken jumped out. i see all of them back at the thing just like writing, "no, do not do that." but then i panicked. what happens is it ended. i go, all right, i'm going to come down and give out candy. and i dumbly walk down into children as opposed to you're supposed to have your person take you out to a safe area and then bring the kids in. i go down, it's like the beatles had walked into this place. they

well, ronald reagan worked really, really are coming and he worked during a time people didn't have a lot of money giving it was during the depression. his mother would invite friends into their home and would give them a meal and ask them to stay because a lot of people have lost their home or didn't have enough money to buy food. mrs. reagan, ronald reagan's mother, had an influence on him. she took him to church every sunday, he and his brother. she made sure he learned how to be kind to other people in his community. so we talk about that in this book. and if you see these illustrations -- if you have ever read "highlight" magazine the editor works for the magazines and you might recognize the type of art work she does. ronald reagan began a lifeguard, too. he saved 77 people by pulling them from the rock river. you know how we knew this? he had a stick he would leave 77 marks for each person he pulled out of the river. he went off to be an actor in hollywood. he had a friend that said why don't you try clacks he was nervous about it but he went and tried to become an actor and he

because you're talking about a thirty year trend if you go back thirty years what happened well you had ronald reagan was in office and you had paul volcker as fed chairman and to rectify the excesses of the economy that came through the stagflation of the seventy's when the oil embargo was in place prices are skyrocketing but the economy was shrinking volcker raised rates and i believe the short term rates got up to fourteen or fifteen percent lot of people don't remember that and then inflation was wiped out i believe was a frank raise at the time under one of the presidents and then you had this long secular downtrend in rates with the occasional bump in of course in one thousand nine hundred four was another bond selloff with a rise in rates along the way but what you're saying karl denninger is that on a secular basis we've gone from a thirty year bull market in bonds now entering into a protracted at least ten to fifteen year period of rising interest rates is that a fair characterization. yeah there's only two possibilities max you can either have the bond market that flattens out and e

because you're talking about a thirty year trend if you go back thirty years what happened well you had ronald reagan was in office and you had paul volcker as fed chairman and to rectify the excesses in the economy that came through the stagflation of the seventy's when the oil embargo was in place prices are skyrocketing but the economy was shrinking volcker raised rates and i believe the short term rates got up to fourteen or fifteen percent lot of people don't remember that and then inflation was wiped out i believe was a frank raise at the time under one of the presidents and then you had this long secular downtrend in rates with the occasional bump in of course in one thousand nine hundred four was another blonde sell off with a rise in rates along the way but what you're saying karl denninger is that on a secular basis we've gone from a thirty year bull market in bonds now answering into a protracted at least ten to fifteen year period of rising interest rates is that a fair characterization. yeah there's only two possibilities max you can either have the bond market that flattens out a

i am neil cavuto, and ronald reagan he is not, but -- he is figuring tax cuts generate revenue. well kind of, because to make sure he is couplpling rate cuts with what he calls one time hits on overseas earnings and slowing rates, such measures don't come close to playing the new jobs and other domestic new jobs that he is pushing. i say, what the buck? is it the same barack obama who railed against corporate tax breaks any of sort. well, i'm take it. but first, since we talk about ronald reagan, may i suggestion we verify this president wants to spend that money before it comes in, nothing new there. we go slow from here, but a start, i president who sees wisdom of cutting taxes, for now, i say, here, here, enter my friend patrick buchanan who says not so fas >> i knew ronald reagan, he was a friend of mine, and president obama is no renald reagan. neil touche. >>ou are right, if barack obama believes as he said, that cutting corporate taxes really will increase revenue, it will make us more competitive. and it will create jobs, why don't you just go ahead and do it with the republi

ronald reagan, your takeaway thoughts. >> well, i thought the important thing -- one of the importantas this generational point that you were addressing just a few moments ago, and this has to do with ignorance. yes, the kids today are less ignorant than we were. and when you defeat ignorance, you defeat bigotry. when ignorance goes into the ash heap, bigotry follows. that's the important thing we have to keep in mind, i think. >> congressman, your final thoughts. >> i think the president has provided a service to america. he has allowed us to exhale on this. something that has gripped our homes and our conversations for the last several days. but he has also challenged us, and i don't want that to go lost. when he talks about looking at the things that might serve as impediments or the things that might exacerbate this kind of violence, the state and federal laws that might to be changed because they are punitive in the wrong way and biased. the fact that unemployment among black men was 19%. if it was that among any other group worry, be jumping off the roof trying to draw attention

i think daniel and ronald would suit a king, as well. >> i hear the odds being placed on the girl name chardonnay, 250-1. and we know which direction they're probably not going. >> and even higher. >> higher than that, 5,000-1, the odds of bianna. yeah. >> all right. >> i'll take it. >> thank you, bianna. we'll come back to you later in the show. >> i love that he's not too posh to push, either. >>> now, to a scary sum irsighting. frightening shark attack in carolina. a woman bitten while teaching a child to surf is telling her harrowing story. aditi roy has the story. >> reporter: these pictures capture what was to be a memorable experience, for 10-year-old cassandra calaway. it was unforgettable. but for a different reason. >> i didn't really see the shark. but i saw the fish that the shark was after. >> reporter: she and her 63-year-old instructor, barbara cory, were three to fore feet in murky waters off the coast, when a shark zeroed in on them. >> next thing i knew, something just clamped on to my ankle and started thrashing around. >> she said, a shark just bit her. and to get o

juror ronald gold held out for a while, ultimately voted to convict. he is here as well. r being here. ronald, can you take me into that jury room? what was it like? did you feel the pressure at the time? >> for most of the time, there were 11 of them against me. so i had a lot of pressure. my total impression was, there is something wrong with these confessions. the facts don't -- the three kids are telling three different stories. none of them are the stories we know that actually happened to the jogger. so what is happening here? how did this happen? and i thought all the rest of the jury was going to have the same kind of doubts that i did. none of them. >> i understand, you've never actually met raymond who is sitting next to you. >> well, we met just in the green room there. >> what did you say to him? >> hello. [ laughter ] >> that's a good start. [ applause ] >> raymond, take us back to that time. because there were all these confessions. what was it like to be at the center of this media firestorm? you had politicians calling you and the other young people all sor

ronald, it's great to see you. i'm delighted that you're doing so well.w those kids of yours, your daughters mean the world to you. i wish you all the very bst and look forward to seeing you soon. thank you. >> aaron, thank you very much. ronald, thank you for all you've done. we wl help you continue your good work. >> up xt, the brand new book "the fate of the states" makes [ male announcer ] if you suffer from a dry mouth then you'll know how uncomfortable it can be. [ crickets chping but did you know that the lack of saliva can also lead to tooth decay and bad breath? [ exhales deeply ] [ male announcer ] well there is biotene. speciallformulated with moisturizers and lubricants, biotene can provide soothing relief and it helps keep your mouth healthy, too. [ applause biotene -- for people who suffer from dry mouth. ♪ lou: our next guest created a namefor hiself by making the toughest cal >>> our next created quite a name for herself by making some of the toughest calls on wall street. he latest prediction describes how economic power is shifting from

ronald, it's great to see you. i'm delighted that you're doing so well.now those kids of yours,our daughters mean the wld to you. i wish you all the very best and lo forward to seeing you soon. >> thank you. >> aaron, thank you very much. ronald, thank you for all you've done. we will help you continue your good work. >> up next, the brand new book "the fate of the states" makes the case the country has ♪ lou: our next guest created a namefor hiself by making the toughest cal >>> our next created quite a name for herself by making some of the toughest calls on wall street. her latest prediction describes how economic wer is shifting from long time coastal strong holds like new jersey and california toward more fiscally attractive states. joining me is the author, meredith whitney. >> it's such an honor to be here. >> and congratulations on your new book, which i want to recommend highly. >> thank you smuch. >> it's out, it's online, it's in boo stores and we'veot a connection to it on lou dobbs as well. the idea that we are seeing a nation where along our

i am neil cavuto, and ronald reagan he is not, but -- he is figuring tax cuts generate revenue. welluse to make sure he is couplpling rate cuts with what he calls one time hits on overseas earnings and slowing rates, such

well, like ronald reagan once said, they only come around on your side when they want to get their hands on your wallet. this one-year postponement is not a real solution. it is not designed to help job creators or taxpayers. it is designed to delay the train wreck until after the 2014 elections. this one-year postponement, in my opinion, is a cynical political ploy to try to fool the voters one more tievment don't just take my word for it madam president. because cnbc asked peter orszag about it the other day. people know he headed president obama's offer's office of mafnght and budget in the president's first term. he was a big proponent and supporter of the law. he told cnbc that white house supporters by definition felt that delaying the employer mandate would help them "or they wouldn't have done it. by definitioif they didn't expep them politically, they wouldn't have done it. it's an incredible admission by a former member of the obama administration, his inside team. just because the president thinks it is good for him politically doesn't mean it is good for the cufnlt on friday,

system that rewards meritocracy well in fact most of their people in prisons are there because of drugs this is why the explosion of population in prison population is member ronald reagan started the war on drugs soon after by the way you know paul volcker restored you know strength to the dollar right so then they could afford to keep on printing the dollars and locking up people people and interest rates because a paul volcker went down for the next thirty years so they can afford to keep on rolling over debts and locking up people and and part of the way these were sold to local communities across america is that these are jobs for you you know tending these the gulags and in keeping these prisoners in prison that drug prohibition in america is ending pot will be legalized decriminalized so all those people going into prison that make corrections governmental money will not be going to prison because net net as anonymous analytics points out the economics does not support that model for the states or for the federal government so it's going to be a huge shift and to capture that shift sell your stock in this company are so sure enough hedge fund so short they

. >> john: i am afraid you'll have to impeach ronald reagan because he supported the 1994 assault weapons ban. >> yeah, well, he had alzheimer's by then. >> john: and not when he sold arms to the iranians who killed our marines in beirut back in the '80s then forgot he did it? >> guns aren't the problem. it is video games. >> john: i'm sure australia europe, japan had the same video games but substantially fewer gun deaths. why? because they protect their citizens with responsible gun safety laws. >> the nra protects my god-given rights. >> john: god hasn't weighed in on that. they opposed the u.n. arms treaty. the nra fights to safe easy access while the real patriots are fighting to save american lives. the nra is a fake constitutional rights lobbying group that gun manufacturers use to buy off congressmen then they send out terrifying mailings to scare you that obama is taking your guns. they don't represent their members. they represent the gun manufacturers, the only ones who have profited from what happened in newtown. >> people who want gun control after newtown are exploiting a massacre. >> john: no

it's if that didn't happen it's time to do it is now ronald a hernias the professor of politics at st mary's college thank you so much thank you. well america's slow road to recovery is looking like it has more potholes than paved paths these days the associated press released a survey saying as much this week when it found that four out of five adults struggle with joblessness near poverty or reliance on welfare programs for at least part of their lives here's what else they discovered the country is poor remains at a record high with forty six point two million people or fifteen percent of the population living below the poverty level and if you're wondering what that poverty level is it means that they have an income for a family of four of less than twenty three thousand dollars a year and this issue is not confined to minorities according to this survey seventy six percent of white americans will experience some sort of economic insecurity by age sixty eight now of the forty six million living below that poverty line at the moment almost half or nineteen million are white here to help me break down the numbers in greater detail

well. you know there's two americas right and we should go i don't go too far up but there are there are two americas there's the america of our ideals and i'm with ronald reagan on that one in the city on the hill right there when he was told that from kennedy well who then stole it from john sort of through yeah sixty but the bottom line is this notion that we should be better than other places and we should aspire to show the world a better example and then there's also the america that we you know identify with our civics classes were so power from both of those things right now we're so far from aspiring but we're also so far from the basic civics class and this story out of wisconsin takes us there in a sense you know. we have corporations in america whether you like them or not they exist and they're very powerful and and one would think that if a corporation needed policing it could get it you know what i mean call the state patrol call the cops and and yet we have this situation in northern wisconsin and we have similar situations across the country such as there is one example that has been well noted because a very controversial mine we have

. >> host: ronald reagan for example, is not on the cover here. many people would say, well, 1979 was a crucial year. he was about to be elected president in 1980. this was the beginning of the republican revolution here in the united states. do you see reagan sitting into this story you're telling? >> guest: i would contend he wasn't really a player in 1979. he was starting to campaign against carter. he was a very important domestic american politician. i think his moment came a little bit later. that is why i didn't include him in this book. there are some very important events that presaged his era. for example, the 1979 the year the moral majority was founded here in the united states. that was the start of evangelicals, born-agains intervening directly in american politics in a way they hadn't before. that was crucial to reagan's 1980 victory. but this moment that i'm trying to capture here i think is slightly earlier moment. and for that reason i haven't really brought reagan into it. i just felt that he really, he belongs to a slightly later era. gerri: tell me. >> h

mean that we are festering at all members who wait is over at the ronald reagan building so you know are you guys members of a cult well i agree with pretty much everything you said i would have just made two little changes i would have every time you said the word conservative i would have replaced it with the tom hartman rant and every time you said republican i replaced it with with progressives and then it made perfect sense it was a lot of exaggeration a lot of false and a lot of misleading well and it was particularly effective with low information voters like congratulations i think that actually there's a certain amount of truth to what you just said for us and that is that you know if you define a cult as people who kind of slavishly follow the leadership the dictates of the top of the economy. you know there's some of that the democratic party certainly has some of that progressive movement the thing though is that when you imperiously test the reality of the belief system if it works it's not a cult it's science if it doesn't work it's a cult and scottie thirty two years a reaganomics had bought the middle c

important issue, to manage how they might react to it as well, and to recognize it's important in the interaction that happened that night. >> ronaldn, is there anything you wanted the president to say today as you leonardo listened to his remarks that you didn't get from him? >> no, i don't think so. i think the president was right on point. he said very important things when he talked about how he could have been trayvon martin 35 years ago, and repeated that if trayvon martin could have been his son. it's very important i think, michael, for those of us in the white community, you and me, for instance, to recognize that we couldn't be trayvon martin. our sons could not be trayvon martin. you -- i don't know if you have a son or not. i don't. if you do -- >> three. >> three, okay. i'm sure you've never lost a moment's sleep wondering whether somebody was going to assume that your kids were criminals, track them down with a gun, shoot them dead and then get away with it and have the police barely investigate this at the beginning. that is not something is that white parents generally live with, but black parents as we are hearing

well, he never screams. mr. guy screams, mr. ronald reagade la riondascreams. and mr. de la rionda suggests to you that what he did is under this breath. what you want him to assume within that context he says under his breath because he wanted to say it, but he didn't want non-emergency calls to hear it and he wants you to assume that what that means is guilt. seriously? seriously? here is a way you do that. it's just the fact that he was willing to say it on a recorded call to law enforcement is evidence of non-guilt it's evidence that he wasn't saying it anyway laced with i will will, spite, hatred or anything else like that. so, the call continues. now we have the call. now we have our first very large graphic. this is what happens when you get carried away with graphics. 10 feet long. this is the graphic representation of the significance of the phone call that started at 7:09:34 that night. you will have this back with you so you can sort of go through it. it doesn't include every word that was said back and forth because it would have been 20 feet long. it does

ronald reagan. how would you describe the job market? >> we are not doing very well.tely, probably the worst recovery in u.s. history. the jobs numbers are not coming to the way they should. connell: this morning we added more data. we will lead up to the jobs report. if you put some of the housing numbers together, if you are a glass half-full person, you could plausibly make the case that things are getting better. >> they are. they really are. they are just getting better at a very slow rate. connell: this time it is different. >> it is a fair argument. we have much worse policies today. in the 80s we had tax rate did a chance. we reduced welfare. we did not pay people not to work and we did not tax them if they did network. connell: just coming back from what we went through in 2008. you picked up on that right away. don't you think that it is different this time just comparing it to the 2008 crisis. >> not really. we had an enormously rapid recovery. we have had about the same type. a huge drop. this time, the rebound has been very slow. very lackluster. i think

at ronald reagan national airport. >> well, i feel that we, a lot of us take for granted the opportunities that we have here. going to other countries, i see other people live and it's wonderful to be an american. wonderful. i love it. i wouldn't trade it for the world. so i mean, we need to sit back as americans and think, you know, everyday is not going to be great but it's better than a lot of other people in a lot of other countries. so i mean, when we sit back and write and complain about this and complain about that, we should all just sit back and think and see what we do have. we are not where we at but we are better off than we could be. so that's my being an american. >> i think it means that we all have initial understanding that freedom and liberty leads to great success and that's the reason our nation has been so successful and will continue to be. >> well, i was born your and raised in new york, so i always had a lot of american pride. and most of because my parents came from india and it didn't have much am and they came to me because they thought it was the greatest place

well. they had a politic in running the school, got good vibes and good appropriations from the administration of ronald reagan. all of those things count for the university. so, the teachers and the academic types can live with a politician. students can't live with an antistudent person. >> this selection was made by a very small group of the regents which is a very small group to begin with. jerry brown was very active. more act i than i think he has before. >> i think she is jerry brown's personal choice. it is is not unusual for the governor to end up being the person who says take this individual. jerry probably won't take credit for it, but this one may be it. >> what do you think he is looking for then? >> i think he is looking for what he wanted in the state university system. he really wanted that kind of skills in the state university system because after all, he provides more money for that system. >> what does a former governor and attorney general bring? >> that governor and attorney general brings the ability to run a huge institution. attention to detail. but above all else, access to re

well, this is really back to the future. you're right. the republicans were against it, against medicare. ronald reagan was the chief lobbyist against that at the time. and now no one would think of repealing medicare. i don't know when they will ever learn. but you know, reverend al, this isn't just about politics, that's for sure. 129 million americans have a preexisting condition, and the discrimination against them is going to go away in january. what a relief that will be for millions and millions of americans. >> dana, you know, they despise health care so badly that they're telling uninsured people not to sign up for health care coverage. there is a reuters report that quotes -- i'm quoting saying republicans and their allies are mobilizing a counter-offensive to dissuade uninsured americans from obtaining health coverage. i mean, that's a lot of despising something to tell uninsured people don't sign up for coverage for their own health. >> right. and we keep asking ourselves why are they doing this. in fact, if you count all the senate votes to appeal obama care, they're up to 67 by my

well have been a lottery ticket. he watched west wing growing up. he idolized jeb bartlett and ronald reagan. he basically said i'm not a democrat or a republican. >> maria: the character played by marten sheen. >> i'm an opportunist. kurt started sharing emails with me. >> charlie: he would give you emails that were sent to him. >> to get a window into how his days worked as a josh type, right. >> charlie: you weren't unhappy to she have soas emails. >> they were mostly boring. politico a few months after it started kurt was thrilled about it. he posted to it. a lot of reporters and politico heard about it. it became a scandal, a mini-skeineddal. all of a sudden he was fired for sharing other people's emails without their consent with a reporter, i.e., me. so kurt was fired. i felt really badly about it. he was back and got a job in a you foo months was asked to be a pundit on cnn people forgot what he was infamous for. they figured he was a strategist. he had a name and a face. he wound up back with darrell issa again. no- real fall from grace. >> there's the story of washington. >> you wil

hillary clinton will be 69 years old in 2016, which is the same age that ronald reagan, when he won in 1980. so, my instinct to say, wellu know, reagan, hillary clinton, that takes the issue off the table. i do remember dole and mccain certainly took grief for their ages. it does make you wonder a little bit how we think about age and politics. >> john mccain was 72 when he ran. biden will be 73 and hillary 69 and reagan in the second term was 73 when he was running for re-election. i think it will be an issue. remember in '08 obama, he said something similar to what karl rove said about generation and i'm a part of a new republicgenl politics. therefore, i think it cuts away from the, she's too much of an old face. presidential face still. also, look at the senate and look at the supreme court. being 69, make her look young in washington politics. >> i just, look, in the second term i recall ronald reagan and the debate said i won't make my opponent's age an issue. look, this is just one more proof that republicans don't want to talk about policy. they don't want to talk about what they could do or would do. they only

find it fascinating that this is an administration that well actually back up a little bit one nine hundred eighty six the s n l's goes south ronald reagan investigates over a thousand banks toure's he put several hundred in prison some of them for very long periods of time as you know the charles keating would tell you is john mccain will tell you and and himself almost almost lost everything as a consequence of that the reagan federalized all those banks it hired bill siegmund to roll out the resolution trust corporation over a twenty year period we ended up making a profit and saving the industry but but there was a a serious attempt to deal with lawbreaking and yeah. the administration now won't deal with that at all i mean we learned that h.s.b.c. you know the second largest bank in america is is laundering money for drug dealers and and international terror i mean literally international terrorists i mean aaron swartz. and and and there's nothing there's nothing there was another another one today in the financial times one of the big banks just admitted to some crime associated with this and they're like well you know will

well, that's what democracy is all about. early on when i was working with him in the primaries, ronald reagan gave me a tie, and on the tie it says, democracy is not a spectator sport. so be part of it and be part of the politics, but be willing to serve and be a participant. >> rule number five, confidence is the name of the game in leadership. >> well, it's a great start to be competent. and if you're not confident you're going to get in big trouble. i had a tough experience with that though. i told you when i went to washington as sacred of labor i was kind of innocent of politics, and i had a bunch of political appointee slots to fill, and i realized that you are trying to work with a diverse and speech wednesday. so i said -- diverse constituency. so i said i need the best management guy in this industrial relations labor relations do. nobody told me he was a guy named jim hudson was a lockheed that you would never get. i talk to him and we got him. i said we have got a real labor guy. not an employer who would physis unions for someone who negotiates contracts. a real union guy. so we found a guy to do that. yoyou have