. >> is twitter is still a -- lightning in a bottle westmark? is modernization still the big question? >> the thing -- the way to think about twitter is something you just cannot understand. it is the beauty of twitter, it adapts into new experiences over the history of the company, they have found new use capabilities. people miss the core point of this service. it is almost like a city that adapts to the people. including the management, they are only thinking about it from an advertising standpoint. i can tell you that i have been using it daily in and day out for eight years. it is now starting to be driven -- every decision is being driven by how people are using it. that is that this is where they have missed opportunities. they need to learn how people use twitter. and adapt. >> there is something about this medium, the limited number of characters, the brevity required . the thing about hashtags and codes. is that the thing that intrigues you as a person that thinks about media? x the only >> the growing amount of snarkiness on twitter.

. >> how about coming out and talking now westmark we want to be wrens. >> no, you're not going to take me. no. >> come on out. let's be friends. we are trying to help. you have police protection here for you. >> mr. horace knows other people are listening. in part, his words of defiance are spoken for their ears. noisy crowds can disrupt the most careful approach even when the police are working behind closed doors. >> haven't i got that man out of here yet? >> be quiet and get back. >> we're not going to let you -- >> the sergeant continues to take a time knowing his armed covered men are ready to move quickly. >> we are here to protect you because you had trouble with your neighbors. take it easy, take it easy. we are your friends, paul. why don't you put the knife down? >> i need this night. >> we are here to protect you. there are four of us here to help you. nobody will touch you. no one will hurt you. >> this knife is for my protection. >> the neighbors will not hurt you. put the knife down on the table so we can be friends. >> no, i want this night. >> we cannot be friends of yo

do you believe that westmark >> not all rigs are the same.m coming off-line are old and not very well producing. the new rigs in some cases one new rig might be the case of 20 old ones. it's probably helpful. i think the markets probably overreact in the real oil people see production going up. it is something nice to watch. >> i want to broaden this a little bit because i mention how stocks are rising despite the economic data. why is there a disconnect between equities and every other economic class? >> am not sure. one thing we've started seeing is we have had this risk on -- risk off mentality. we've been moving into this taper tantrum pattern where stocks and bonds are going up and down together and it's more disturbing to me. today, it's going in the right direction but you've seen this pattern of treasuries go down stocks fall, so i don't like that pattern. >> in the meantime, everyone is just trying to make sense of what the dead might do. >> given today's data, that's one reason you saw treasuries do a big turnaround. >> thank you so

the service for that but we find people are using it for that and we are looking deep into that westmark> e-commerce orders. you partnered with banana republic -- is it similar to that where you ally with retailers? >> it's kind of on the other end. we had a partnership and we were in their stores. you purchase your gift and then you can ship right from the store. it was a chance to activate people for our current service. with the returns it's a little different -- you bought something on amazon and it didn't fit or you did like it. it's around that and making that as simple as possible. >> a five dollar flat fee in addition to the shipping rate. is that the primary revenue model and is it just a starting point that you can reduce as you scale? >> five dollars more or less just covers the cost of going to your home. where we make the money is on the volume discount stop incident ups having to make a thousand pickups around the city they come to one location, our warehouse where we collect the pack goods and pass it off to them in at the live -- that eliminates a majority of their cost a

for the 1997 budget deal that balanced the budget unsecured historic surpluses westmark how to the earned income tax credit and the child's program that helps the poor and the working class families and pulled will millions into the middle class get done? jean spurling and erskine roles are the perfect people to answer these questions. erskine bowles is to my left and joined the clinton administration in 1993 as the administrator of the small business administration and then moved to the white house as deputy chief of staff in 1994 and then chief of staff at the start of the clinton administration in 1997 until october, 1998. to keep them honest, and to add context to their consequential work is the associate professor of political science at the united states naval academy where he teaches about the residency, congress, campaigns and elections. professor doherty worked with the miller center to home transcript to get a deeper insight into the environment and discussion that led to the incredible economic record under president clinton. to get things started, we will spend five minutes of