that response initially came from former president herbert hoover. lots of people debate how conservative hoover was as the president and the secretary of commerce of the 1920s and i'm to talk about that in q&a if you'd like but we are looking at him in the 1930s when he was shocked really by the excesses of the new deal. in the 1930s the new deal was the height of progressivism and we are given this book that just as edmund burke, the english political philosopher began modern conservatism as a response to the french revolution, we think there is a distinctive rand of modern american conservatism and that in effect the new deal was our french revolution. the deal change politics, change governance and so responding to our own french revolution herbert hoover starts we think to stake out the case for modern american conservatism. if you think about it in our view we are still operating under the new deal paradigm today. we argue that politics, american domestic politics and american economic policy today are essentially continuations of the new deal.

in fact, if you look at two cartoon icons, herbert hoover like to talk about the record individual. and franklin roosevelt said no, it is about the forgotten man. these are believed to create cartoon icons of the 1930s. hoover argued, america is about equality of opportunity and individuals having the freedom to decide how they want to live their lives in pursuit that. so america is about equality of opportunity. franklin roosevelt said, and this is a shocking to me. he says straight out, ecology of opportunity instead. you can't get it anymore. so what we have to be about in this country is equality of outcomes. we have to design public policy around the forgotten and are sometimes around every man. not about individual freedom. this is precisely the debate today. when people talk about in the inequality and how we need to raise taxes on the wealthiest and we need to raise the minimum wage, what they are really arguing for is this equality of outcomes society. this is the way, the form in which that debate is continuing today. so, we go into this in her book. i don't have enough tim

that response initially actually came from former president herbert hoover to lots of people debate how conservative hoover was as a president and as a secretary of commerce in the 1920s that i'm happy to talk about that in q&a if you'd like but we're looking at them in the 1930s when he was shocked really like the excesses of the new deal. the 1930s, the new deal was really the height of progressivism, and we argued in this book that just as edmund burke, the english political philosopher, began modern conservatism as a response to the french revolution, we think there's a distinctive brand of modern american conservatism, and that in effect the new deal was our french revolution. the new deal changed politics, changed governance, and so responding to our own french revolution, herbert hoover starts the stake at case for modern american conservatism but if you think about it, in our view we are still operating under the new deal paradigm today. we argued that politics, american domestic policy, american economic policy today are essentially just a continuation of the new deal. so this

roosevelt stood behind herbert hoover and waited. his bulky upper body pressed down on the joints of his knees. holding himself upright was a concerted act of strength and balance. then jimmy and he, now in top hats, were out the door into cold, gray daylight under lowering clouds, moving slowly down long ramp that led to the speaker's platform and the lectern itself. 100,000 people were watching. 1,000 or were seated --12,000 were seated, the rest spread out across the steps of the supreme court and library of congress and into the branches of the surrounding trees. a hundred press photographers straight in front of him clicked their shutters. newsreel cameras whirred. roosevelt moved toward them all with a slow, swaying gait, jimmy next to him, swaying in rhythm with his father. the procession blocked the crowd's view of anything but roosevelt's shoulders and head. but if jimmy and he had been walking alone, people would have noticed that with each step he leaned to each side while on the opposite side he hitched his shoulder just

actually improve our economy respond to the great depression the crash of one hundred twenty nine herbert hoover raised taxes in thirty two and by nine hundred thirty three the economy had begun to improve in one thousand nine hundred one george h.w. bush raised taxes in response to the mess left by reagan surprisingly the economy improved and when clinton raised taxes during his presidency the economy thrived with record levels of employment and growth if we want to pull our economy out of the gutter and restart america's economic engine it's pretty clear what needs to be to be done all the very mention of a tax hike is enough to make conservatives go nuts history shows us the tax increase. help the american economy time to roll back the reagan tax cuts declare an end to thirty three years of failed reaganomics and start practicing sensible economics that will improve the lives of all americans not just the wall feels and that's the way it is tonight tuesday january twenty eighth twenty fourteen and no forget them ocracy begins with you get out there get active tag your. i'm at. a site that i t

. >> it's $50 a month to join and if you conceive you don't get any money back herbert hoover you do get some money back. $50 a month is not cheap. >> is completely optional. either save up or pool money or buy more insurance. >> i do want to ask you about yahoo! it seems like every day it buys five more companies. fast have a hard and policy where the board does not speak for the company. up the they are building new yahoo! part of that is acquiring talent, acquiring smart, young, driven people that are attracted to the fact that the company has that place and think of yahoo! as a place to have a bigger lever. >> so, critics have said, these companies that yahoo! is buying failed. why would you want talent from companies that have struggled to make it? about -- the is one thing i can tell you about yahoo! and its strategies is that they look at an incredible number of possible acquisitions and choose to acquire an extraordinarily small number. going over with a fine tooth comb and the checks being written. who lovee a guy starting companies. how confident are you that people you are

and if50 a month to join you conceive you don't get any money back herbert hoover conceded get some moneyack. $50 a month is not cheap. >> is completely optional. don't have to do that if you're confident that you can see. like ansentially insurance policy. it is a blueprint of what the withh insurance policy -- health insurance in this country should look like. to fix health and health care we have to arbitrage prevention and knowledge against correction. by the time you know something is badly broken we are facing massive bills or your insurance is facing them. if you leverage data by yourself, preventer database that can be mined with other people's data, find out what going to happen to you, you can at least prepare for it, either save outdoor pool with other people or buy more insurance. that is the way to fix it. >> i want to ask you about yahoo!. came in right after marissa took over. talk to us about the m&a strategy. it seems like yahoo! has bought five companies every day. >> is definitely inappropriate for me to comment. athink they are building up new yahoo! and they are doing

but he wasn't a favorite to win the presidency because he was up against a popular man herbert hoover it was the prosperity of the 1920's and smith had his work cut out for him if he were to have a chance, and to have the chance he had to win the state of new york, his own home state and that was enough because hoover was popular. what he needed was a strong figure and a strong vote getter to run for the governor on the ticket with him in new york and all the politicians agreed that would have to be franklin roosevelt, but roosevelt again said no. he still was working on his recovery and he did he believe he could recover without assistance but he also believed although he supported smith and was a part of the campaign, he privately believed that he was going to go down. and if he lost the presidency, whoever was on the ticket was going to lose, too. that would mean that he would lose that race and he would have lost new york state in the vice presidential race in his home state. 1932 smith would no longer be governor and his own chances for the rise and he hoped he would be ready to

herbert hoover, wilson, right?e on the far right, the president who has issued fewer executive orders than any president in the last 115 years? that is a president named barack obama. fewer than both bushes, fewer than reagan, fewer than clinton, fewer than eisenhower, fewer than anybody. barack obama. or if you prefer, the kommandant-in-chef. we have posted that on our website in case you want to print it out and send it to your local right wing radio talk show hosts because it will make them lose their minds further. s havie getting out of bed in the morning because my back hurt so badly. the sleep number bed conforms to you. i wake up in the morning with no back pain. i can adjust it if i need to...if my back's a little more sore. and by the time i get up in the morning, i feel great! if you toss and turn at night, have back pain ... ... or wake up tired with no energy, the sleep number bed could be your solution. the secret to the sleep number bed is the air chambers and its exclusive dual air technology. the o

they also invited comments from the former presidents who were still living in this included herbert hoover. and that's the multiprocess letter to kennedy and hoover said that i really don't know enough about this and john calhoun, that's all i really have to say and he nominated 42 senators for this position and he presided over a group of distinguished senators who were a part of the kennedy committee and in as the talks unfolded, they came up to agreement on the sides. and this includes john calhoun and henry clay and they read quickly on these things. and he wrote a letter that was actually part of it. and he projected forward and also style this as well. and her letters was trying to get the sense of things and there was this rising young star and also someone who is part of american history and whose brother was killed in world war ii and certainly by the time that he came through this, he would spend some time with that. and he narrated a film and he nominated adlai stevenson and this includes this promoting stevenson's campaign and he would be running for president four years later

herbert hoover, wilson, right?sued fewer executive orders than any president in the last 115 years? that is a president named barack obama. fewer than both bushes, fewer than reagan, fewer than clinton, fewer than eisenhower, fewer than anybody. barack obama. or if you prefer, the kommandant-in-chef. we have posted that on our website in case you want to print it out and send it to your local right wing radio talk show hosts because it will make them lose their minds further. [ male announcer ] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. with 7 antioxidants to support cell health. one a day men's 50+. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families i

herbert hoover, wilson, right?dent who has issued fewer executive orders than any president in the last 115 years? that is a president named barack obama. fewer than both bushes, fewer than reagan, fewer than clinton, fewer than eisenhower, fewer than anybody. barack obama. or if you prefer, the kommandant-in-chef. we have posted that on our website in case you want to print it out and send it to your local right wing radio talk show hosts because it will make them lose their minds further. [ male announcer ] there is no substitute for experience. for what reality teaches you firsthand. in the face of danger, and under the most demanding circumstances. experience builds character. experience builds confidence. and experience... has built this. introducing the 2014 glk. the engineering and the experience of mercedes-benz. see your authorized dealer for exceptional offers through mercedes-benz financial services. to stretch my party budget. but when my so-called bargain brand towel made a mess of things, i switched t

in fact, what i find so interesting is herbert hoover in august 1928 said no country in the world was closer to abolishing poverty than the united states. and then of course we had the great depression. in 196 -- 1962 a man named michael harrington whos with a socialist, part of the democratic catholic workers movement published a book called the other america, poverty in the united states. it has had a great impact. >> well, what really gave it a great impact was the fact that dwight mcdonald, the critic, then published a discussion of it in "the new yorker" called a reviseable poor. and that created this sense that america has a problem. and john kennedy when he was in west virginia for the prime area in his-- primary in his struggle to win the nomination for presidency, he got a firsthand glimpse of the suffering, the difficulties that people had in that state. and in 1963 he was talking about having the war on pov the in the second term. so after he died, the counsel, the chairman of the counsel of economic advisors walter heller said to lyndon johnson, kennedy was talking about a

also from her travels in north africa out, which he traveled with herbert hoover, so there is ofinitelyn influence native cultures, non-american cultures, but also native american cultures influencing the architecture of the house. you can see here that there was an initial design for arches above the doorway. i was changed. there are definitely a lot of arches in the house, as well. what we have here are some floor plans of the house. they show details of the rooms. the living room, there, the terrace. you can see the rooms are designed in a way where they easily exit out into the outside , the outdoors. it is a great legacy of lou and a's because she designed the house, she created it. it was inspired by her ideas. she had very close involvement in all aspects of the house's creation. glad that as your honorary president, is my honor to receive the support of the -- counsel. and so it is with great joy that --ive to you the [indiscernible] >> encouraged by fdr, first lady eleanor roosevelt bought a roosevelt -- residents to develop her own job ideas and later became her home after his

got a big package, tribute time, herbert hoover is the longest serving secretary of commerce.even years and he's also the only secretary of commerce to become president. congratulations to today's winner, ben goodman. we'll be right back. ♪ ♪ [ female announcer ] with five perfectly sweetened whole grains... you can't help but see the good. i took medicine but i still have symptoms. [ sneeze ] [ male announcer ] truth is not all flu products treat all your symptoms. what? [ male announcer ] alka-seltzer plus severe cold and flu speeds relief to these eight symptoms. [ breath of relief ] thanks. [ male announcer ] you're welcome. ready? go. [ male announcer ] you're welcome. it'but sleep train's huge foryeais ending soon.models for a short time, save hundreds on tempur-pedic mattresses. get the most highly-recommended bed in america at closeout prices. plus, get interest-free financing and free same-day delivery. why wait for the new models? sleep train's year end clearance is ending soon. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket t

came into office, if president obama had come into office a year later and we had three years of herbert hoover just doing nothing and the economy just melting down, in austerity was the name of the game, 1929-1931. balanced budget. franklin roosevelt had run on balancing the budget. he ignored that when he got in office, thank god. but we had three years where we saw what a disaster it was. the consequence of that, people were ready for fdr. when obama came in the office, just a few months, there was not a popular will to it was a shame he didn't come into office a year later. and he only had 13 weeks until scott brown was sworn in and we had a filibuster. so he proposed some of these very good structural changes. it were not able to get through. nazi pelosi passed some great legislation in the house they got filibustered. so the structural stuff, reagan stopping enforcement of the trust -- you remember that strip malls and shopping centers were havens of small locally owned businesses. you will remember that the downtown after the town was local family owned business, some owned for generatio

having sleepless nights at that time, agonizing he would go down in history with her been -- herbert hoover. described younce as the buddha of central banks, which implies a certain level of and light and the attachment. [laughter] did you have sleepless nights? >> absolutely. think, toature, i focus on the problem. i was so absorbed in what was happening, in trying to find response to it, that i was not really in that reflective mode. like, you are mostly involved in trying to avoid going off the bridge. you later say, oh my god. [laughter] crisis, there were very intense times, during the september and october 2008 time, not only were we trying to address the crisis, we were trying to a deal -- to deal with the. this was a global crisis. trying tonstantly keep the world uninformed -- informed about what was happening. it was very intense. again, i was focused on the task. your partnership with secretary geithner was central to solving the crisis. what a unitedle front you have presented. you had different backgrounds and different personalities and he represented different arms of governm

german took this as this major project and wrote a term paper on a press herbert hoover spent probably a lot to three minutes and read just a very cursory note. kennedy jumped into this project . he loved it, and he presided over a group of very distinguished senators who were part of the kennedy committee. mike mansfield became a legendary senate majority leader on the committee. richard russell, in legendary senator, a german by the name of styles bridges from new hampshire who was one of these quiet forces in the senate and 1950's to be no one really knew very much about him, but he was a real powerhouse. then his son ahmad and ahmad john brinker. five of them got together and negotiated fee. as the talks unfolded, they quickly came to agreement on three of the five. these are three senators who are very prominent before the american civil war. john callahan, in reply. so they agree quickly on the street, the great triumvirate, but then there were not certain about the other two senators. and they decided to choose a leading progressive from the 20th-century and a leading conservati

describedulson sleepless nights at that time, agonizing he would go down in history as the herbert hooverof the fsa and -- of the episode. described you as the buddha of central bank. did you have sleepless nights? >> sure. absolutely. think, toature, i focus on the problem. i was so absorbed in what was happening and trying to find response to it that i was not really in that reflect the mode. later on, if you are in a car wreck, you are mostly involved in trying to avoid going off the bridge and later on you say oh my god. crisis, there were very intense times during october 2000 eight times. not only were we trying to address the crisis, but trying to deal with international colleagues across the world and constantly testifying or otherwise trying to keep the world informed about what was happening. again, i was focused on the task. >> now, your partnership with secretary paulson and secretary geithner was clearly central to solving the crisis. outsider, it is remarkable what a united front you presented. differentve backgrounds, different personalities and represent different arms of

describes having sleepless nights at that time, agonizing as he would go down in history as the herbert hooverthis episode. and i think tim geithner once described you as the buddha of central banks which -- [laughter] implies a certain level of enlightened detachment. [laughter] did you have, did you have sleepless nights? >> oh, sure, absolutely. but it's my nature, i think, to kind of focus on the problem, you know? and i was so absorbed in what was happening in trying to find response to it that i wasn't really in that kind of reflective mode. i mean, later on, you know, i was kind of like, you know, if you're in a car wreck or something, you're mostly involved in trying to avoid going off the bridge, and later on you say, oh, my god, you know? [laughter] but during the crisis, as i said, there were some very intense periods during the september/october 2008 period. not only were we, you know, trying to address the crisis, we were trying to deal with our international colleagues around the world. this was a global crisis. and then, of course, we were constantly testifying or otherwise tryi

also from her travels in north africa when she traveled with herbert hoover, so there is definitely annfluence of native cultures, non-american cultures, but also native american cultures influencing the architecture of the house. you can see here that there was an initial design for arches above the doorway. that was changed. there are definitely a lot of arches in the house, as well. what we have here are some floor plans of the house. they show details of the rooms. the living room, there, the terrace. you can see the rooms are designed in a way where they easily exit out into the outside, the outdoors. it is a great legacy of lou and she designed the house, she inspired it with all aspects of her creation. >> [indiscernible] and who are going to continue helping as long as we are here. clicks encouraged by fdr, first lady eleanor roosevelt bought a residence to develop her own world job ideas. and later, it became her home after his death. >> let's go upstairs to where the bedrooms are located. we will climb a tricky staircase. this room is eleanor roosevelt master best -- master b

the system now runs the national archives from herbert hoover through george w. bush.o it is a very unique resource. the history is indeed a preserved and made available in so many different and interesting ways. host: you talk about a unique history. what are some of the unique pieces that you have on exhibit there at the george w. bush presidential library and museum? guest: we have so much. the archives and artifacts form the foundation of everything we do. in artifacts along come we have 43,000 items. the most iconic item is the bullhorn that president bush used when he first visited the world trade center site after the attack of september 11. we have a full replica of the oval office, by the way, that people can go in, sit behind the desk, sit on the furniture, those kinds of things as well. so really a range of artifacts and other things that really gauge all of our business. host: can you talk what the academic role of the library? how do academics use it? guest: that is a very important part of what we do, of course. of the staff, about 15 or archivists, and t

you know, agonizing that he would go down in history as the herbert hoover of this episode.l banks which implies a certain level of detachment. did you have sleepless nights? >> oh, sure, absolutely. but it's my nature, i think, to kind of focus on the problem. you know, i was so absorbed in what was happening and trying to find response to it that i wasn't really in that kind of reflective mode. later on, i was kind of like, you know, if you're in a car wreck or something you're mostly involved in trying to avoid going off the bridge. later on, you say, oh, my god. but -- but during the -- during the crisis, as i said, there were some very intense periods during the september/october 2008 period. not only were we, you know, trying to address the crisis, we were trying to deal with our international colleagues around the world. this was a global crisis. and then, of course, we were, you know, constant li testifying or otherwise trying to keep the world informed about what was happening. so it was a very, very intense period. but again, i was, you know, just focussed on the t

nobody thinks of herbert hoover has been a progressive. yet he was the ideal progressive of his time. there is a cultural story, political story. they argued with each other. they chased each other is wise. they smoked an awful lot. and they end -- ended up creating united nations. >> how did they assist each other in their careers? >> by getting jobs for each other. the ones in the media like walter lippman, wrote editorials praising each other. they thought with each other. they broke up. they got angry at men would come back around. so there was a family relationship, where you're not really sure. he's a relative capacity of gratitude. >> were treated to this tangle of history? how did she discover this group and decide to write about them as a group? >> i found them by mistake. i was working on a biography by allen dulles, cia director. i wanted to know where he began. he began on dupont circle. i thought that is odd. his grandfather lived there. he and foster went to gw law school. everybody thinks they are harbored. no, no, no. so ro