my guest is us democratic party congressman adam smith. how does the us navigate its multiple interests at this time of maximum danger? congressman adam smith, in washington, welcome to hardtalk. and let me begin with a very simple question — what do you believe president biden hoped to achieve by flying out to the middle east? well, i think the number—one biggest goal is to contain the conflict. that's number one. number two, to work with israel to try to figure out some way to minimise the impact on civilians within gaza, and also within israel, to try to chart a path forward. and i am seeing reporting — it's this morning, my time, where we're at, recording here — i'm seeing reporting this morning that a humanitarian corridor has been opened up out of gaza, and that's one of the biggest goals. the second is to work with partners in the region to try to make sure that this conflict doesn't spread, that hezbollah and iran don't get more involved. that's the goal and that's the objective. and i guess also to have the conversations with isra

my guest is us democratic party congressman adam smith.of maximum danger? congressman adam smith, in washington, welcome to hardtalk. and let me begin with a very simple question — what do you believe president biden hoped to achieve by flying out to the middle east?

. >> the honorable adam smith the honorable representative from washington and misses sarah smith. >> mr. martin schroeder and mrs. susan schroeder. >> mr. issac perlman and misses kobe perlman. >> mr. craig goering and misses jane goering. >> ms. samara when ipa mr. ben way. >> the honorable mr. courtney from connecticut and mrs. courtney. >> the honorable victoria newland and dr. kagan. >> general charles q brown junior and misses shareem brown. >> mr. sam nester and dr. maia. >> the honorable jin -- jim himes representative from connecticut and mrs. mary hines. >> the honorable anthony bernal and mrs. burnell cox. >> dr. kevin c o'connor and mrs. christine f o'connor. >> dr. justin wolfer's and dr. betsy stevenson. >> mr. jeremy lieu and ms. emily lieu. >> mr. james keogh and ms. celine us. >> the honorable john berry and mr. curtis e. --yee. >> tried to say hello to all the australian mates. >> how are you doing? >> the honorable jeff holland, secretary of the interior and ms. aleta suazo. >> the honorable caroline kennedy ambassador of the united states to australia and dr. edwin

thanks. >> thank you. >> up, next we're gonna speak to congressman adam smith.leader of the house armed services committee. what kind of action as congress thinking about taking. congressman, it's good to see. we will chat in just a couple of minutes. plus, a deeper dive into just how israel and its military could've been caught off guard by these attacks. we will talk about that. but the u.s. army four-star general barry mccaffrey. l barry mccaffrey. dule one for y ou... or the whole crew. plus, they're free. really? healthier is getting a flu shot on your schedule. cvs. healthier happens together. this october 10th and 11th, prime big deal days give prime members exclusive access to two days of big savings. which means, you're kind of a big deal. prime big deal days, october 10th and 11th. only for prime members. having triplets is... -amazing -expensive. so, we switched to the bargain detergent, but we ended up using three times as much and the clothes still weren't as clean as with tide. so we're back with tide, and the clothes are clean again. do 3x the lau

congressman adam smith, thank you very much for your time. a lot to keep our eyes on this evening.e appreciate it. >> thanks, jim. >>> all right. and coming up next, a closer look at the deteriorating conditions in gaza as tens of thousands of palestinians try to flee, possibly a larger number than that. our special coverage continues. stay with us. >>> breaking news out of gaza right now. civilians are rushing toward the southern border. after they were given another safe window to move this morning. >> we're seeing a strong flow of people going south which is actually a good thing. >> gaza is facing a full blown humanitarian crisis as isreal said it is gearing up for what they clearly call the next stage of what already is and we have all seen a war with hamas. this includes widespread air strikes and significant ground operations could be added within gaza in the next stage. here is cnn's scott mcclain. >> reporter: this is the frantic scene outside of a hospital in the city of deir al balah. constant wail of sirens and a steady stream of children carried desperately inside. som

my guest is us democratic party congressman adam smith.e of maximum danger? congressman adam smith, in washington, welcome to hardtalk.

who was it in france and england who were taking the ideas of adam smith, john locke and putting them into practice yet variety of individuals in france, one of the most prominent individuals was a gentleman, frederick bastia, who was an economist in france. also a member of the french national assembly for, a time bastia devoted himself primarily to cause of free trade in. france he thought that restriction on imports, when government sought to meddle with domestic production at home in order to expand and certain industries that was economically foolish and also a unjust usurpation of individual liberty. and so he dedicated himself at first to this narrowly economic of defending free trade, but a curious thinker that he was he soon to believe that the moral and economic basis which free trade stood actually had implications. a much wider range of governmental and economic questions than first it seemed. so it gradually evolved into kind of overall economics of liberty. in bastiat terms in britain, you had the, i think the primary driver of libertarian ideas in britain was spencer, w

who will talk with the ranking member of the armed services committee adam smith.nd. >> i'm going to send to congress and urgent budget request request the white house calling on congress to provide funding not only for israel but also for ukraine. >> hamas and putin have two different threats they completely went to want to annn neighboring democracy of. >> a call for action faces an uphill battle as republican support for funding the ukraine war ends in the house remains paralyzed without a speaker. >> i like the way it used to be where we would get together and try to do the right thing for our country and our allies. rex one on one with mitch mcconnell. then pray. >> when you come together and find out who are speakers going to be >> railing support three times the gop again. ditching the latest nominee for house speaker. >> it is a swampy is as swamp gets for jim jordan deserve better than that. >> republicans are turning to square one with the multiple contenders saying they are in as the lower chamber nears three weeks in limbo. we will ask the sunday panel

my guest is us democratic party congressman adam smith.sman adam smith, in washington, welcome to hardtalk.

i will talk to armed service community member adam smith next. mit next t. ♪ ♪ huh, huh, so did their dog roger. ♪ ♪ gain scent beads keep even the stinkiest stuff smelling fresh. the virus that causes shingles is sleeping... in 99% of people over 50. and it could strike at any time. think you're not at risk? wake up. because shingles could wake up in you. if you're over 50, talk to your doctor or pharmacist about shingles prevention. >> welcome everyone. i want to turn to capitol hill. nbc news is reporting in a briefing tonight. four americans were killed as a result of the hamas attack on israel. they are told to expect the number to rise according to sources familiar with the briefing. i would like to bring you now, congressman adam smith. democrat of washington state and members of the armed services committee. to talk more about this. congressman, thank you for staying up late sir. at a preceded. i know you are not on this call, your staff was and you were briefed by it. what can you tell us about what more have learned? >> first of all, the

. >> the honorable adam smith, united states representative from washington. >> mr.hroeder, and misses susan schroeder. -- mrs. susan schroeder. >> mr. isaac perlman. >> mr. craig gehring, and mrs. jane gehring. >> the honorable joe courtney, united states representative from connecticut, and mrs. audrey courtney. ♪ >> the honorable victoria nuland, and dr. kagan. >> mr. sam nestor, and dr. maya popa. >> the honorable jim himes, united states representative from connecticut, and mrs. mary himes. >> the honorable anthony bernal and ms. bernal-cox. >> dr. kevin c. o'connor and mrs. christine o'connor. >> dr. justin wolpers and dr. stevenson. >> mr. jeremy liu, and ms. ellie liu. >> mr. james kio. >> the honorable john berry and curtis yee. >> the honorable holland, secretary of the interior. >> the honorable caroline kennedy, ambassador of the united states to australia, and dr. edwin schlock burn. . >> mr. john gray and mrs. mindy gray. >> the honorable antony j blinken, secretary of state. >> ms. valerie biden owen. >> the honorable bonnie jenkins. >> the honorable k

congressman adam smith, thank you so much for joining us today.ood news everyone, reverend al sharpton has arrived and at little later in the show he'll be speaking with a brother of an israeli man taken hostage by hamas about how his family is holding up and whether they are feeling more hopeful after the release of those two american hostages last night. and a little later, our friend and colleague rachel and it will be on politicsnation talking about the latest on humanitarian efforts in gaza and her new look at the long american fight against fascism. we'll be right back. we'll be right back. they switched to google tools for education because there's never been a reported ransomware attack on a chromebook. now they're focused on learning knowing that their data is secure. ( ♪♪ ) theo's nose was cause for alarm, so dad brought puffs plus lotion to save it from harm. puffs has 50% more lotion and brings soothing relief. don't get burned by winter nose. a nose in need deserves puffs indeed. america's #1 lotion tissue. the power goes out and we s

i want to bring in congressman adam smith, a democrat out of washington. and the ranking member of the house armed services committee. congressman, thank you very much for being here. obviously, with the very delicate situation, that were unfolding between israel and hamas, the united states congress is an important player here. there is aid that has been discussed that israel needs, not to mention our allies and ukraine, and yet the house doesn't have a speaker. >> no, it's a huge problem. the dysfunction of the republican party. i guess you can guess which is boris. the dysfunction of the republican party over the degree to which they've been taken over by maga extremists and donald trump? because even before they didn't have a speaker, that we're not moving on these issues. they brought us to the brink of taking that debt ceiling. they propose to the brink of the government shutdown. they haven't passed appropriations bills and they haven't passed the supplemental that would put us in a position to meet our needs and ukraine and israel. so we need to wo

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congressman adam smith and his counterpart, the republicans put forward a national defense authorization act, and they put over 200 amendments, they, the republicans. it's just a clown show. i still watch you guys. you put on a fair, balanced program. thank you. host: ok. program noting that banks trying to appoint mchenry as a speaker. it was a big f.u. to republican voters i have ever seen. congressman republican banks' thoughts on this idea of giving temporary powers to the speaker pro tempore. kathy in sun city center, florida, let's hear from you. caller: hi, there. thank you for taking my call. first off about giving mchenry extra power, i don't think that's a good precedent. host: why not? caller: because i think -- i can visualize future chicanery within different parties to do what they want. host: all right. caller: i don't feel that -- how do i say this? i'm tired of the tail wagging the dog. host: ok. caller: i'm tired of hearing the democrats -- i have no party affiliation, frankly, right now. i'm tired of hearing that the democrats are the ones that keep sinking this. the r

it's students have included philosophers, john locke, and adam smith, physics genius, stephen hawking, internet inventor, tim berners lee, us president, bill clinton, people who went on to change the world the today, the university's future of humanity institute is tackling big picture questions about humanity. according to swedish philosopher, an institute director nick foster and we're on the costs of perhaps the greatest paradigm shift in human history. for the 1st time, we can be replaced by an even more intelligent entity in the form of an artificial super intelligence. are, together with stephen hawking, milan mosque and others, he's signed off on a warning to humanity. 23 principles for a research to benefit human kind. not harmon. so do you want them a coffee or tay? i'm good. thank you. thank you. all right. you think super intelligence, artificial intelligence, do you think that is a threat to humanity? and the problem is as well i, it's, uh, i think, a very unique moment in, in the history of life when this happens, the creation of the general artificial intelligence machin

we just completed the room at these 2 brothers, if you will. marks on adam smith, extra caricature a little bit is, is a built on the idea on mission. they, we want to make somebody else a little bit like us, or if they don't do it, you know, with the bible, we come with a sword that's not in the bodies and what confusion is all the other isn't. so if we could learn from others, like they have learned from us, human, a human, it just dialogue about how to create unit teen diversity. i'm song conflict with much less violence make made, you know, a real nobel peace prize that very large and those who built down the wrong is. so something like inviting the, the, the, the confidence building measures. i take a little step and invite you to take a little bit down was also from the, from the high levels of weapons or virus. of course, we can do a why we don't spend 50 years of my life understanding these things. i do believe it is possible possible, whereas what we do now is not possible in the wrong well, mr. over at our time is up. thank you very much for being with us today. my lecture

we just completed the room at these 2 brothers if you will, march, and adam smith, extra caricature a little bit is, is a built on the idea on mission. they, we want to make somebody else a little bit like us, or if they don't do it, you know, with the bible, we come with a sword that's not in the bodies and what confusion is all the other isn't. so if we could learn from others, like they have learned from us, human, a human is dialogue about how to create unit teen diversity. i'm song conflict with much less violence. make made, you know, a real nobel peace prize. the loss of those who built down the wrong is so something like inviting the, the, the, the confidence building mission. i take a little step and invite you to take a little bit down, was also from the, from the high levels of weapons. byron's, of course we can do a why we don't spend 50 years of my life on this. i think these things i do believe it is possible to possible. whereas what we do now is not possible in the wrong well, mr. over at our time is up. thank you very much for being with us today. my lecture bucks on

its obligations towards ukraine, he said. member of the house armed services committee, democrat adam smith. however, we still have comprehensive assistance from the united states. more constructive, less emotions this week, relations between ukraine and poland gradually improved. president andrzej duda said that although it is difficult to talk about friendship in politics, but between. he and volodymyr zelensky had a very good relationship, good and personal, and he hopes that they will remain so. the cabinet of ministers of ukraine, in turn , approved a document defining a new procedure for exporting corn, rapeseed, sunflower and wheat to five eu countries. now ukrainian exporters to sell these grain crops to bulgaria, of poland, romania, slovakia and hungary, must obtain a license from the min. of the economy of ukraine with the approval of the ministry of agriculture. bulgaria and romania have already adopted this ukrainian road map. and poland has prepared transit corridors through which our country will export its grain. however , duda said that he is not canceling his ban on the sal

adam smith patron of the. fighting for smaller government, better government, better outcomes, a dynamic economy. >> and you're a campaigner? >> and you're a campaigner? >> campaigner. i've got a >> i'm a campaigner. i've got a campaign that i've running campaign that i've been running for last six months when the for the last six months when the time i to see time is right, i want to see rishi hunt abolish rishi and jeremy hunt abolish inheritance unfair inheritance tax. it is an unfair latest campaign. absolutely. inheritance tax. it is an unfair lat(yeah. campaign. absolutely. inheritance tax. it is an unfair lat(yeah. no,npaign. absolutely. inheritance tax. it is an unfair lat(yeah. no, no. gn. absolutely. inheritance tax. it is an unfair lat(yeah. no, no. well,)solutely. inheritance tax. it is an unfair lat(yeah. no, no. well, iolutely. inheritance tax. it is an unfair lat(yeah. no, no. well, i tellely. >> yeah. no, no. well, i tell you what, a lot of gb news will agree with nadine. thank agree with that.

adam smith patron of the. fighting for smaller government, better government, better outcomes, a dynamic economy. >> and you're a campaigner? >> and you're a campaigner? >> campaigner. i've got a >> i'm a campaigner. i've got a campaign that i've running campaign that i've been running for last six months when the for the last six months when the time i to see time is right, i want to see rishi hunt abolish rishi and jeremy hunt abolish inheritance unfair inheritance tax. it is an unfair latest campaign. absolutely. inheritance tax. it is an unfair lat(yeah. campaign. absolutely. inheritance tax. it is an unfair lat(yeah. no,npaign. absolutely. inheritance tax. it is an unfair lat(yeah. no, no. gn. absolutely. inheritance tax. it is an unfair lat(yeah. no, no. well,)solutely. inheritance tax. it is an unfair lat(yeah. no, no. well, iolutely. inheritance tax. it is an unfair lat(yeah. no, no. well, i tellely. >> yeah. no, no. well, i tell you what, a lot of gb news will agree with nadine. thank agree with that.

to adam smith of washington. sits on the house armed services committee.elicate balance we seem to have with china throughout this. they are supposedly signing ships to the area. we already have ships in this area. this could easily escalate. what do you think? >> i think there's a huge risk of that. the reason we moved our carrier battle groups in to the area and the reason we have upgraded our forces is to protect the forces in the area as you pointed out in syria and iraq. we have troops there primarily to keep isis at bay, which is still an issue. so we need to send a clear message that we will defend and protect those troops and to stop this conflict from spreading to discourage hezbollah from getting it to it in the north and to keep iran from starting a broader war. that's the strategy. this could spread out of control in to something very dangerous not just for the region but for the world so we need to be in a position to deter that. >> neil: there's been a growing call from the u.n., countries say a cease fire is a good idea rye now. the israelis

joining me now the congressman adam smith, the ranking democrat on the house armed services committee. thank you so much for joining me. you have been briefed. what can you tell us about the situation in israel that we might not know yet? >> well, you've covered it reasonably well. i think it's good to frame sort of what the u.s. response is, and what our priorities are. number one priority, obviously, is to get whatever help to israel that they need, and the president and the white house team is in communication with them on that, offering that support to israel. number two, crucially, work with our allies in the region to try and make sure this conflict doesn't expand, and specifically that focus is on hezbollah up north and lebanon and syria. so there's talk with various allies about that. and then, third, to make sure that we protect u.s. interests in the region. that's why dod has moved some assets into the region and is focused on that. now, for now, that's what we can do. the big question that comes is, what if we need some sort of specific aid package, how do we work that thro

. >> and adam smith, congressman, thank you for ug that will be -- for keeping kevin mccarthy as speaker. how do you plan to vote? >> well, i have not decided. i will listen to leadership, and hakeem jeffries and the caucus about the best approach. one of the problems is that i heard your quote about a member of the democratic caucus saying they would not come cheap. mccarthy has kept it clear that he would not keep the promises. he is going to promise what he has to get through the moment, and the second that the moment is done, he wipes the clean clean, and there is nothing to promise us to make a difference. he made a deal on the debt ceiling on what the appropriations bill looked like and bailed on that when it was not convenient, so promises don't get us there, and for kevin mccarthy to be talking about protecting the institution, and the guy who ultimately sited with trump over the insur reck mun. it is hard to see him a credible figure. >> how much do you trust speaker kevin mccarthy? >> well, i don't. i have been in the rooms where you have to make deal, and every time you do tha

it's students have included philosophers, john locke, and adam smith, physics genius, stephen hawking, internet inventor, tim berners lee, us president, bill clinton, people who went on to change the world the today, the university's future of humanity institute is tackling big picture questions about humanity. according to swedish philosopher, an institute director nick foster and we are on the costs of perhaps the greatest paradigm shift in human history. for the 1st time, we could be replaced by an even more intelligent entity in the form of an artificial super intelligence. together with stephen hawking deal on mosque and others, he's signed off on a warning to humanity. 23 principles for a research to benefit human kind, not harmony. so do you want them a coffee or tea? sound good, thank you. thank you. all right. you think super intelligence, artificial intelligence, do you think that is a threat to humanity? and the problem is as well i, it's, uh, i think, a very unique moment in, in the history of live uh, when this happens, the creation of a general artificial intelligence ma

david june and adam smith, some of equality comes from them. franklin, made a critical edit at one point. the original word said that we hold these truths to be sacred and undeniable. that is jefferson's language. franklin, says we hold these truths to be self-evident. that is straight from scottish morals. you just know things as a human being. it is amazing that with such a small edit, they are introducing a whole new branch of philosophy. >> if it is self evident, why do you have sense. absolutely. >> this was written a couple of years ago. >> page 708. >> we are not making this stuff up. >> two intellectual marriages. one of them is out of wedlock. we are looking at classical republican theories. plato, for instance, was a democrat. he wasn't the proletarian that he imagined him to be. they are trying to participate with all of these citizens. with the seminal work, this is part of the ideological origins. they were kind of windowdressing. all educated men, looking at these classics. and the internet, pull them up. we are dressing up the ar

we were speaking with democratic congressman adam smith in the preachus hour and he said if there was a plan, he thinks that special forces would go in there and do that. what is your sense of it, though? is that a real possibility? or do you get the sense that the administration is just sort of keeping its options open and using that sort of language that we hear from time to time? >> there is a hard truth that needs to be told here. there is not going to be a rescue operation. i do not see that. obviously not the u.s. rescue operation, it is not in the cards in any way. u.s. doesn't really have intelligence about gaza. it doesn't know the terrain. it is not -- it has no ability to do such a thing. the israeli military, for years, had soldier called -- in hamas captivity for five years and the israelis did not have enough evidence to get one soldier out and now you're talking about more than 150 people. so i don't see that. and i'll tell you even more, another hard truth, i don't think that getting the hostages out is the top priority of the israeli government right now. the top prio

just like adam smith his belief of economics, he worsened gordon gekko.hought greed exists and we can't get rid of it. therefore let's channel that in people being greedy could invent a cure for cancer or something. let's tap into human nature as best we can. that's the approach that i take. with the reforms that i am calling for, i do not think that we can fix the problem of rich politicians are end the corruption. murder is illegal. murders still happen. policies putie us back to crimil justice reform could similarly when it comes to policing congress, we are going to fix corruption forever but i do believe reforms can help. so we have talked about a few of them here. one of them would be banning individual stock trading with politicians. now we don't to police it. is that insider trading or not? you can't do it so that's off the table. the same thing with book deals. if you aret a member of congres he can ride a book. you're not going to get rich and you won't get rich off of writing a book and having your political action committee or republican campa

i want to go now to adam smith, democratic congressman and chairman of the house armed services committee. chairman, i appreciate your time. obviously you have been closely monitoring the situation, briefed as as much as the information has been coming in. president biden is very clear, the united states is ready to offer all appropriate means of support. israel hears that. they are making it very clear they appreciate that. but what does that mean to you, chairman? how involved will the united states get? >> well, i think first of all the intel sharing piece is the big thing that we'll be involved with up front. and you know, part of it is as your analysts have been doing a great job, what went wrong, how can we shore that up. we will look at weapons systems, if there's something we can do to help israel. this is a profound threat, not just israel but i think to u.s. interests, but also to global stability. clearly iran played a role in this. this is an effort to ramp up conflict, to push the terrorists forward, and to create a very, very dangerous situation. the u.s. will stand with isr

adam smith. gonzalez of texas and mcdonald from new jersey. i asked hakeem jeff reese earlier this morning will you have all your members all weekend to block jim jordan from the speakership and he said yes we're committed to doing so. we believe that jim jordan presents a danger to the country in the speakership. we'll know again, john, it is not final until they gavel the vote down. the past couple times we've been to this rodeo we've been able to tell early in the roll call vote if jim jordan will have the votes. this is what will happen over the next half hour or so on the floor. >> john: looking forward to it. we'll watch it along with you. meantime back to the war in the middle east. israeli forces continue air strikes on terror targets in gaza. a ground invasion into the strip could happen at any moment now. israeli prime minister benjamin netanyahu telling troops we're going to win with all our might. israeli forces say they have destroyed hamas tunnels, arms depots and scores of operational headquarters, satellite images showing hundr

talk about funding fights whether he supports bundling or not bundling all of these things also adam smithtic house member out of washington state ranking on house arm service and newt gingrich getting advice to the house. rachel: maybe he could be the guy. >> see if he wants to do it again. pete: we'll be watching shannon thanks so much. >> speaker duffy -- >> dark horse. dark horse. pete: we're going return to our breaking coverage of the war in israel but first we have a few quick additional headlines. detroit police will hold a press conference later today after the president of a synagogue found stabbed to death early yesterday morning. authorities are searching for a motive after finding samantha walls body outside of her home. they're urging the public not to jump to conclusions. the faith leader once served as a staffer for michigan congresswoman alyssa who says my heart aches that we've lost someone serving in a senseless act i'll miss her relentless desire to serve and her bright smile. and an armed robber who held up one of alabama senator kate brits on the loose. the victim was

i want to bring in now congressman adam smith, democrat of washington state and members of the armed staying up late for us, sir, appreciate it. i know that you are not on this, call your staff, was and you are briefed by it. what can you tell us about what more you have learned? >> first of all, the call wasn't classified, so there's a lot of information that the administration was holding back. obviously, they want to be very careful about releasing the names of americans who might be held hostage and giving any information out on that. front was mostly sort of a policy, before the u.s. is doing to respond. and you have three basic goals, one, support israel anyway we can. second, contain the conflict as best as we can, working with regional allies is the big part of that. and then third, you know, protecting american lives in the region, making sure there is a force posture in the region, and working with our allies to make sure that everyone in the area is protected going forward. >> by containing the conflict, congressman, are you worried it could feasibly escalate things there

standalone, will that gain traction with eric johnson at the picture sing seeing that which is adam smith he is a congressman he was out this last week. eric johnson is the mayor out of dallas was from democrat to republican he said in part because a progressive policy things are destroying big cities we do a deep dive on cramped reporters across the country we are going to dig into the drug addiction on the streets. the prosecutors were not prosecuting in many cases and see if there are solutions out there. >> art shannon. see you later. >> thanks guys. >> turning out your headline story with this f fox news aler. friends and fax it mourning the death of matthew hafer met a parent drowning at his los angeles home. best known for playing chandler bing for 10 seasons on the hit sitcom friends. >> you got your mustache that. >> might know scott lonely. [laughter] like you don't have a mustache which is good. [laughter] i am chandler i make jokes when i'm uncomfortable. [laughter] >> maggie will you place on the screen girlfriend janice on the show right" the joy you brought to so many a in

he is also drawing from the scottish enlightenment, people like adam smith, some of the writings of inequality comes from them. rankling made a critical edit in the declaration, the original words said we hold these truths to be sacred and undeniable, that is jefferson's language and franklin said no, we hold these truths to be self- evident. that is straight from scottish moral sense velocity. you just know these things as a human being. such a small edit they are introducing a whole other branch of philosophy. >> if it it is self-evident why do you have to say it your applying common sense. >> absolutely. >> locke, yes . what about classical antiquity. i mentioned i have this massive book here about the enlightenment. this was written a couple of years ago, i'm going back to page 708 -- >> we are not making this up. >> historians -- to historical and intellectual narratives one is the influence of locke, the other is the lasting importance of classical republican theories , classical antiquity, plato for instance, although plato is not a democrat. i think john adams realized that plato was n

and we are not going to be perfect and we are not going to have perfect politicians and just like adam smith believed with economics that -- he didn't -- he wasn't gordongr geco, greed exists, we can't get rid of it, therefore let's channel that into people being greedy so they'll invent a cure for cancer, right, let's tap into human nature as best we can so that's the. approach that i take. with the reforms that i am calling for i do not think that we can fix the problem of filthy rich politicians or that we can end the corruption, right, i mean, like murder is illegal but murderer sadly still happens but policies could affect the number of murderers in terms of criminal justice reform similarly when it comes to police in congress we're not going to fix corruption forever but i do believe that reforms can help. so we've talked about a few of them here. one of them would be banning individual stock trading for politicians and their immediate family, right, now we don't have to police it. was that insider trading or not, you can't do it so that is off the table.le same thing with book deals.

when adam smith wrote about the invisible hand or free market capitalism he forgot to mention it's theo see a doctor. stock prices do not reflect the reality as if by magic, there's much perception on wall street, and the mechanics of the money management business as they are a product of the fundamentals. i tell you all this time about short squeezes, the mechanics of the market, can't handle the short sellers. this is why it's possible to beat the performance of averages by investing in individual stocks. you would never be able to exploit opportunities. the point of the game is you can spot stocks that are mispriced because there are stocks that are mispriced every day. why do i bring this up. when the action is as irrational as i find it often, it can be frustrating. i want you to be able to take advantage of the moments where stock prices are simply wrong or at the very least, i don't want you throwing up your hands in disgust, nothing seems to make sense to you. let me go over some of the larger distortions i have seen in my time that are in play right now. for instance, i spent

and so just like adam smith believed with economics, that you know, he didn't think he wasn't gordonhe didn't think greed is good. he thought greed exists. we can't get rid of it. it's human nature. therefore let's channel that into people being greedy. so they invent a cure for cancer or something. right? let's tap human nature as best we can. so that's the approach that take with the reforms that i am calling for. i do not think that we can fix the problem of filthy politicians or that we can in the corruption, right. i like murder is illegal, but murder still happen. but policies could affect the number of murders in terms of criminal justice reform. similarly, when it comes to in congress, we're not going to fix corruption forever. but i do believe that can help. so we've talked about few of them here. one of them would be banning individual stock trading for and their immediate family. right now, we don't have the police. it was that insider trading or not. well, you can't do it. so that's off the table. same thing with book deals. if you're a member of congress, you can write a