and former senator barney frank. a copy of that report is on every chair and is on of -- available on our website. before i begin, let me start with a few quick housekeeping matters. first, the treasury secretary is delivering his address starting at 4:00. once he is finished we ask that you stay in your seats. if you have not done so please turn your ringer off on your cell phone. and for those of you joining us in the audience, you will there are index cards on your chair. for those of you who would like to add chris dodd or barney frank, pass them to the ushers on either end of the studio. let's get to the crash and the crosses -- crisis. some might ask about talking on the five-year anniversary by talking about events from more than five years ago. to really understand where we need to go, we have to first look back to how we got here. this is all the more important because in the last five years the discussion has dramatically shifted. from the financial collapse, the economic crisis, the cost to the country in

so again these things could have worked out well and i would note that barney frank that he saw the qm and it is the most significant parts of dodd frank. the liability was always going to be an issue and these provisions could have done something to reduce mortgage default, but as the regulators started along that path, they started out well including things like down payment and credit standards and ununfortunately the regulators caved to pressure and what ultimately ended up the qrm that barney frank was mishandled. >> so why is that necessary? one of the debates around the financial crisis what exactly mortgage products caused the crisis? some of my friends in the consumer advocacy world and proponents of dodd frank will tell you it was caused by prepayment penalties and low documentation and exploding arms. i would point you to a number of analysis that gao has done as well as other imperical studies and the results are quite clear. the main drivers of default -- you can even look at the studies by organizations like center for responsible lending and their own studies show that t

barney frank says progressives shouldn't fall for it. he joins us next here live. >>> and the day of a weekly shooting at a louisiana movie theater, president obama says place he's most stymied is on that issue of guns. >> in the week when donald trump got the headlines, a lot of other republicans got their turn driving the clown car, including marco rubio doubling down on his cheap shot that president obama has no class. >>> finally, republican insiders are pushing the idea that donald trump has hit his peak but that may be wishful thinking. this is "hardball," the place for politic. got the headlines, a lot of for politic. ♪ to steady betty. to steady betty. fire it up! ♪ am i the only one with a meeting? i've got two. yeah we've gotta go. i gotta say it man this is a nice set-up. too soon. just kidding. nissan sentra. j.d. power's "highest ranked compact car in initial quality." now get 0% financing or a great lease on the nissan sentra. ♪ >>> i'm milissa rehberger with breaking news from los angeles. police have flooded a shopping di

congressman barney frank served for 32 years in the house of representatives. for the fourth congressional district in the commonwealth of massachusetts. he also has been at the center of nearly every major national policy debate for those 32 years. from 2003 on, he was the leading democrat on the house financial committee and served as chairman from 2007-2011 where he shepherded financial reform into law. there is a lot i can say about barney but what i really want to say is, you have to read his book. [laughter] i want to say this. don't just read the book. read the two appendices. if you care about the issues we are talking about today there is that and much more in his book. it is terrific. he did not ask me to do that but i couldn't resist. ylan has spent more than a decade at "there are certain post -- "the washington post". among many of the topics, she has covered the financial crash and crisis as well as its cost for some time. she has done reporting on the long-term unemployment benefit cuts and what to do so many american families, as well as terrifi

capital requirements for eight of the biggest banks. >> joining us in an exclusive interview, barney frank, co-author of dodd frank, former chairman of the house services committee and cnbc contributor. >> thank you. >> are you surprised to see how much criticism and how controversial this bill is five years post? the current chairman of the house financial services committee writing in today's "wall street journal" that dodd frank is a big failure. >> i'm not surprised he said that. he's taken the position for a long time that no regulation of the financial community was a good idea. i quoted in the book i wrote with his criticism of us specifically for borrowing the subprime loans that were so irresponsible. i believes we were wrong when we started drafting that bill when we started reacting to the crisis, we were guided a lot by ben bernanke george bush's appointee to head the fed, hank paulson, secretary of the treasury. paulson left bernanke stayed on and sheila bair. they were all people who spent a lot of contributed a lot to the bill. i'm not surprised. mr. hensarling is in a posit

the dodd frank act was named after its authors, and senator chris dodd and barney frank. it was a massive bill that required federal agencies to write hundreds of new rules. here are some of the things that the dodd frank act did. it was signed into law by president obama on july joint first, 2010. it created the consumer financial protection bureau. it attempted to an too big to fail bailouts of financial firms. in eliminated loopholes of financial products, providing shareholders a say on executive compensation, and enforce regulations on the books. here are some polls that show just exactly the scope of this bill. a summary of the bill by a law firm shows that the bill was 22,290 six pages long. it has had 119 congressional hearings, and there have been 139 bills issued in congress to amend or repeal the act. the stats also give you a sense of exactly how much regulatory muscle has been used to implement this bill. it shows that the pages published over time actually total the same amount as 34 copies of moby dick. clearly this bill is one that has resulted in many new

joining us is barney frank and larry kudlow. to you both what did he mean by this and is he right? >> he is right. i love his 4% growth target. he is saying involuntary part time workers. you've got 6.5 million involuntary part time workers for economic reasons. at the same time as the last recovery, 4.2 million. that's over 2 million. that's a lot of jobs. we are about 5.5 million jobs short. that is what jeb is saying. and it's involuntary. i'm going to say in a moment or two why government incentives are discouraging work. >> before you do that barney what did you make of this? do you agree this is what we need to see happen? more people getting more hours, more hours they want to work? >> if they want to. what i see happening is jeb bush saying something he realized he shouldn't have said. there is no way you can hear way said first and believe that is what he meant when he said people had to work longer hours. clear le, he is talking about expanding the workweek. when people talk about doing that, my question to people who

. >> right now i'm finishing frank by barney frank. it's interesting because it gives you not only a look at his career but congress back when i worked and just some highlights from the major legislation he worked on and the experiences that he went through the relevant for someone that looked up to him as the smartest and the wittiest member of congress i remember watching and it's a

barney frank to the rescue.ntturns out the governor, jerry brown, may be the one to have come to the rescue. their bond rating was raised to their highest level in 14 years by s&p, and joining us now from irvine, california, building ,ide from an economics blog calculated risk, and they are paying down deficit loans. bill, how did they do it? bill: when we talked, i told you that was going to happen. realize where the state gets their money from. in california, it is very dependent on income taxes as property taxes are so low, where is another's date like texas has no income tax but high property taxes. -- whereas another state like texas has no income tax but high property taxes. let's talk about the capital gains tax. it was cited as a very big for how their revenue became large we saw a run-up in 2007, a run-up during the tech boom. is this a bad sign? is this going to worst? bill: well, it would be better for the state if they had more taxes from property, like other state. i looked at, yesterday, if i moved

barney frank is the co-author of the dodd frank act. the former democratic congressman if massachusetts is the author of frank, a life in politics from the great society to same-sex marriage. thanks for joining us today. >> welcome. >> so you tell me. is dodd frank working? do you think the average american is better off today? >> in that regard, absolutely. first of all, the single beggest cause of the terrible crisis we had was that mortgages were being granted to people who shouldn't have gotten the mortgages and couldn't repay them. this is bad for them, bad for everybody on the block, bad for the financial institutions and for the economy. one of the things the bill did, over the objection by the way of people like congressman henserling who said we were interfering with free market. we made unenforceable mortgages of the type that caused the problem. the subprime mornls granted to people who didn't have income, had terms that almost guaranteeded failurer. they can't be made thim. that's almost a consumer protection and a protectio

we will hear from barney frank and chris dodd and a bit. while we wait a look at some of the activities today. the state department, u.s. and cuba renewing a diplomatic relationship beginning at midnight last night. the flag was raised at the qm embassy. also raised over at the state department added to the collection of flags at the state. here's a look. [silence] >> the qm flag going up at the state department it was also raised at the qm embassy in washington. it was announced secretary of state of john kerry would be in havana on august 14 with raising the u.s. flag at the embassy there. all of our coverage today of able at c-span.org. the secretary of state and the qm foreign minister speaking shortly on u.s.-cuba relations taking some questions over at the state department. that is yet to get underway and you can fold it over on c-span2. on c-span, rather. >> i'm president and ceo of better markets and ottawa and when you're today and welcome the audience watching on c-span. thank you for joining us and thank you c-span for covering t

. >> but barney franks this week, former congress liberal said, democrats, let's get behind her becausehis is the only way we're going to prevent an entire republican government. >> no. i think there's really some panic going on on the left, to the far left, the media outlet said the numbers have fallen into gruesome territory and raised the alarm. >> we have to take one more break. when we come back, hits and misses of the week. if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. hurry, before this opportunity cools off. share your summer moments in your mercedes-benz with us. i am totally blind. and sometimes i struggle to sleep at night, and stay awake during the day. this is called non-24. learn more by calling 844-824-2424. or visit your24info.com. >>> time now >>> time now for the hits and misses of the week. mary, start us off. >> a president obama appeared on the daily show this week and said the irs's biggest problem is its lack of funding. what is it with t

. >> but barney franks said democrats, let's get behind her because this is the only way we're goingprevent an entire republican government. >> i think there's some panic going on on the left. salon, a far left media outlet said the numbers are falling into gruesome territory. >> all right. thank you all. we'll take one more break. hits and misses of the week. ere's just one last thing to do: check with truecar. car prices change all the time for all kinds of reasons. but truecar pulls in the latest, most accurate data so i can be sure if i'm getting a great price. this is truecar. >>> time now for our hits and misses of the week. mary start us off. >> a really big miss. president obama, who appeared on "the daily show" this week said the irs' biggest problem is its lack of funding. what is it with this guy? he wants money for every regulatory agency. by the way, mr. president, the irs' biggest problem is it is a politicized vindictive agency that targeted conservative groups pro-israel groups the administration that is the irs' problem. >> joe? >> paul obamacare is driving a wave of

i'm not sure i saw barney frank happier than when they were doing the t.a.r.p. the concern is really whether these things work or not. and i think we could hopefully put aside all the straw man spin we're going to hear today. before i talk about those issues, i want to associate myself with what has been said by my colleagues. i stated two weeks ago before the committee that i do not believe dodd/frank has made us safer, neuer do i believe it ended bailouts. it's not just an issue of reducing burden some cost regulation. it is bringing stability to our financial system. again, i don't think dodd/frank does that. so let me get to the rating agencies. this is actually something where dodd/frank tries to go in the right direction. unlike previous housing booms and busts, like the savings and loan crisis the recent one was particularly tied to our capital markets. and i think it made it much more destructive in the same way, not forgetting the savings and loan crisis was expensive. we had a recession. as peter mention said one of the three recessions that took longe

so again these things could've worked out will get i went out barney frank said about a year ago in the last anniversary fatty subacute mqm as the most significant parts of dodd-frank. the liability was asked and been issued with this provision could of done something to reduce mortgage default but as the regulators allowed the path they start that will including things like down payment and credit standard but, unfortunately, the regulators caved to pressure and would end up was a guided qm and qm but even barney frank says was mishandled. is that? on the debates what exactly mortgage products cause of the crisis? some of my friends with the you it was caused by prepayment penalties and low documentation and exploding arms. i would point you to a number of analyses that gao has done. sorting and objective part indispensable the number of other interval studies in the results are quite clear. the main drivers the default, i guess i should say you can look at the stats but organizations like center for responsible lending. their own studies show the main drivers of default are going to v

i will note barney frank said about a year ago he saw and the most significant parts of dodd frank. the liability was always going to be an issue, but these provisions could have done something to reduce mortgage default. but as the regulators started along that path they certainly actually started out well including things like down payment and credit standards, unfortunately the regulators caved to pressure and what ultimately ended up is a gutted qrm that even barney frank says was mishandled. so why is that necessarily so? one of the debates around the financial crisis is what exactly mortgage products caused the crisis? some of my friends in the consumer advocacy world, proponents of dodd frank will tell you it was caused by prepayment penalties and low documentation and exploding arms. i would point you to a number of analyses that gao has done certainly an objective party in this instance as well as a number of other impir kal studies. i should say, you can even look at the studies by organizations like center for responsible lending. their own studies show that the main driv

i will note that barney frank said about a year ago on the last anniversary that he saw the qm as the most significant parts of dodd-frank. the liability was always going to be an issue but these provisions could have done something that reduced mortgage default. but as the regulators started along that path, they certainly actually started out well including things like down payment and credit standards but, unfortunately the regulators caved to pressure and what ultimately ended up was a gutted qm and qrm that even barney frank says was mishandled. why is that necessarily? so one of the debates around the financial crisis is what exactly mortgage products caused the crisis. some of my friends in the consumer advocacy world and proponents of dodd-frank will tell you it was caused by low documentation and prepayment penalties and exploding a.r.m.s. i would poimed -- point you to a number of analyses gao has done as well as empirical studies in the results are quite clear. the main drivers of default -- i guess i should say you could even look at the studies by organization like center

i do not believe barney frank to be among them. he has indicated half a dozen areas where he would amend his own law. there is very little i agree with elizabeth warren on but she doesn't believe that dodd frank hasn't solved too big to fail. so hope spurs eternal. but if democrats feel dodd frank is a legacy to be protected, not extending the bills and the 400 rules to be promulgated, i don't think we'll have two-thirds of the rules finalized as of yet then yes, we'll be at a loggerheads. having said that i'm thoroughlio convinced the left was working on obama care before obama was even born. and so this may be a long labor and i'm a patient man and by washington standards relatively young. >> and do you have a question right here next -- no. all right. right over here, please. >> court macos. our future.org and my question is that being being declared significantly important financial institution you're basically codifying too big to fail. and if this is true, then why is our -- is met life suing its designation as too big to fail

i do not believe barney frank to be among them. he is indicated a have a different -- a half a dozen different is where he would demand his own law. there's little i agree with elizabeth ward on but i believe she thinks dodd-frank has installed too big to fail. so hope springs eternal but if democrats are going to decide that dodd-frank is a brand to be protected or a legacy to be secured notwithstanding the unintended consequences brought into 2300 page bill come forces forforeign rules to be promulgated, i don't even think we quite a two-thirds of the rules finalized as of yet and just we will be somewhat at a loggerhead. having said that, i'm thoroughly convinced that the left was working on obamacare before obama was even born. so this may be a long labor. i'm a patient man acting by washington standards, relatively young. >> another question right next -- do you have a question? all right. fight over your, please. >> our future.org. my question is you've mentioned that they been declared significantly important financial insti

we'll hear from barney frank on the five-year anniversary of dodd frank. we'll get barney's take on all of that tomorrow. i know last year when i asked him on the fourth anniversary, he and chris dodd were both on if there was one regret. he said they left too many regulators on the table. >> alphabet soup. >> we'll talk tomorrow about that. >> i want to know his take on the criticism coming from the left, from the elizabeth warrens of his own party on dodd frank regulation. >> i agree. >> heading to the close. 19 minutes left of the trading session with the dow up 11. we are coming back here. s&p was in record territory, no longer. the nasdaq with any positive gain will be closing in record territory. >> next up we'll take a look ahead to ibm earnings which will be out in less than half an hour after the closing bell. big blue in the midst of a turnaround. >> hillary clinton wants investors to pay more tax on capital gains. her new plan. john harwood will join us. >>> last month of rocket falcon nine was seen as a setback for spacex and elon musk. >> musk

olivia: shocker -- barney frank is working for a bank. who saw that coming five years ago?come. stephanie: working for sit it out. -- ben bernanke working for citadel. al new world. olivia: a whole new world. ♪ stephanie: a bank near and dear to me, where i started my career, credit suisse reports tomorrow, and that shot is up 17%. it's paris associate manager david herro -- it is his top pick. the fund is seeing a three-your return of 18.5%, outperforming 95% of its peers. david joins us from chicago. no one likes your call better than credit suisse employees who have been miserable, sucking lemons tortured for the last several years as other banks have rebounded and they have floundered. why do you think they have their groove back? this is the -- david: this is the beauty of value investing. you have to be patient and identify what is quality at a low price. we think credit suisse fits that. they are a quality business, the private bank and the investment bank is selling at a low investment -- evaluation. new leadership will put a better focus on deploying capital where

. >> i'm the last person to put words in barney frank's mouth, but he's been on this program defending dodd frank. that would be the banks took on too much risk it blew up in their face and we have to make sure they don't take those risks again. if they do they have to tell us how they are going to dismantle their own business rather than us having to do it again like in the bailout. >> why did they take on the risk? did the united states come to the banks and say we want to increase the percentage of homeownership in the united states? did they go to fannie mae and freddie mac and say we want you to go to subprime lending and leverage a bank sheet, deregulate, stimulate growth in the economy? we want you to take risk? did the government do that? yes, it did. did the people who work with the banks take those risks? yes, they did. >> are you suggesting the banks are blameless? >> i said twice in this conversation that the banks were part of what went wrong. the banks did a lot of things wrong. banks did take on too much risk. they are only one part of a much larger system that fell apar

the primary authors of that law were chris dodd and barney frank, both democrats come also expected tohave that life for you at 2:30 this afternoon on c-span two. >> tonight on the communicators we will speak with the wall street journal's information age correspondent. why he things washington is a danger zone for innovation. >> if you go back to earlier technologies like railroads and the telephone monopoly, those were regulated as common carriers. regulators set prices. they set terms. they set rules. we all know what happened. there was very little innovation and railroads and in tracking -- trucking and telephones until they were deregulated. those common carrier statutes were undone by congress when it was so clear that innovation was being suppressed and that the u.s. was falling behind in its competitiveness. that was the backdrop for the bipartisan consensus in the 1990's that the internet would be different. this was during the clinton administration. it clear consensus -- democrats and republicans -- that unlike those earlier technologies, the internet would be largely unreg

. >> senator chris dodd, representative barney frank thank you so much for coming here today. [ applause ] >>> tonight on the communicators. fcc commissioner michael o'reilly on key issues about the fcc like regulating the internet and the public's influence. >> when an item is made for an open meeting and it's present today the commission level that document should be made available publicly. i think that would provide an opportunity for everyone to comment on what we're thinking. it would also allow people to hone in on issues they may see as problematic. now we have people who raise concerns regarding our items. they often don't know what's being put forward. they're doing rifle shots in many different scattered structures. you know and that's problematic. i'd rather people target exactly where they'd like to see fixes and not spend time on things that don't need attention. >> tonight on the communicators on c span 2. the c span cities tour work ing with our cable affiliates visits cities across the country. this weekend we're joined bide comcast to learn more about the life and histo

. >> barney frank says we put death panels in that bill. >> you know, they've already worked. and even thousands of small financial institutions. because if you're a local bank. look, if you're a gigantic institution in new york you can afford the extra 50 or 150 lawyers and accountants to deal with the paperwork. i talk with community bankers all the time. who are being driven out of business because they can't afford the additional paperwork. and that's not an unusual phenomenon. you look at obamacare. the insurance companies were sitting in the room drafting the legislation. what's happened? they got the federal government to mandate to millions of americans, you must purchase their product or we will fine you. insurance companies are earning record returns right now. >> just like drivers, right? drivers have to buy insurance product, too. >> but there's a difference there in that a driver typically a driver doesn't have to buy his own insurance. he simply has to buy liability for others. and what's happened? let's take obamacare. you want to talk about the income effects o

i don't believe barney frank to be among them. he's indicated half a dozen different areas where he would amend his own law. there is very little i agree with liz warren on but i believe she thinks that dodd-frank hasn't solved too big to fail. so hope springs eternal. but if democrats are going to decide that dodd-frank is a brand to be protected or a legacy to be secured, notwithstanding the unintended consequences fraught in a 2300 page bill that forces 400 rules to be promulgated, i don't think we've quite had two-thirds of the rules finalized as of yet, then, yes, we'll be somewhat at a loggerheads. having said that, i'm thoroughly convinced that left was working on obama care before obama was even born. so this may be a long labor, and i'm a patient man and even by washington standards relatively young. >> i think there was another question right next to him? did you have a question here? no. all right. right over here please. >> core mactoews. our future.org. and my question is, you mentioned that by being declared signific

fifth anniversary being signed by president obama and former senator chris dodd of connecticut and barney frank of massachusetts at the newseum live at 2:30 on c-span2. >>> tonights on the communicators. we'll speak with the wall street journal's information age columnist and why he thinks washington is a danger zone for innovation. >> i think if you go back to earlier technologies like railroads and the ma bell telephone monopoly, those were regulated as common carriers, regulators set prices and they set terms and they set rules and we all know what happened. there was very little innovation and in telephones until they were all deregulated and all of these common carrier statutes essentially undone by congress when it was so clear that innovation was being suppressed and that the u.s. is falling behind in its competitiveness. that was the backdrop for the bipartisan consensus in the 1990s that the internet was going to be different. this was during the clinton administration. a clear consensus, democrats and republicans that unlike those earlier tobacco techs, the internet was going to be la

untpoer untpoer i do not believe barney frank to be among somewhere he would amend his own law. there's little i agree with elizabeth warren on, but she believes it has not solved too big to fail. democrats are going to decide that dodd-frank is a brand to be protected or a legacy to be secured? i don't even think we have quite have had two-thirds of the rules finalized as of yet and i am thoroughly convinced the left was working on obamacare before obama was even born so this may be a long labor and i am a patient man and even by washington standards, relatively young. >> i think there was -- did we have another question? here? no? okay, right over here, please. >> you mentioned that by being declared significantly important financial institution, you're basically codifying too big to fail, and if this is true then why is our -- is metlife suing its designation as too big to fail? >> well you have to ask metlife. i suppose it's an insurance company and they don't want to have a bank -- a bank capital standard imposed upon them. it's a completely different business model. the fe

i would say barney frank is somebody in congress there's no evidence i've seen involving financial misconducthment. there's no evidence he's engaged in self enrichment or cronyism. on the conservative side the concert they look at somebody like ted cruz for example without evidence of self enrichment taking place at ted cruz. the larger issue is over a span of a parrot time. one of the reasons i endorse term limit is i do think the longer somebody stays in public life the harder it becomes to resist temptation to cut corners and make themselves wealthy, et cetera. i do think new blood is something very poor. >> host: is that you've co-authored author, including friendly spies how america allies are using economic espionage to steal secret. the area the reagan administration's secret strategy with the collapse of the soviet union. the next were you co-authored with kat weinberger. reagan's war the epic story of the 40 year struggle and final triumph over communism. chain of command you co-authored with caspar weinberger. do as i say not as i do profiles than hypocrisy back into destiny. archit

i guarantee i wouldn't i would say barney frank is somebody that when he was in congress there is no seen involving financial misconduct or self enrichment that took place. i would put bernie sanders in that category. there is no evidence that he is engage in self enrichment or cronyism as far as i am concerned. on the conservative side you could set we look at somebody like ted cruz for example. there is not evidence of self and richmond that has taken place with ted cruz. for meet the larger issue is over the span of a period of time and one reason i came to endorse term limits which is not a view i previously had is i do think the longer someone stays in public life of harder it becomes to resist the temptation to cut corners to make themselves wealthy, etc.. i do think an infusion of new blood is something that is very important. >> host: the. you have either you have either authored, secrets," "victory: the reagan administration's secret strategy that hastened the collapse of the soviet union," "the next war" which you co-authored with caspar weinberger, the book we talked about

so-called resolution authority included in title 2 of dodd-frank is not, as our former colleague, barney frank, put it, a death panel of the banks. it is in fact instead of a mechanism for future bailouts, enshrined now into the lane -- law. this is not just a case of baseless accusations. one need only look at the actual text of dodd-frank to understand how it allows for big banks to be bailed out by, who? by you, the american taxpayer. for example, dodd-frank gives the fdic the authority to do two things. first purchase the debt from creditors of a failing institution at par or even above par. and, two, pay any obligation of an institution that it believes are necessary and appropriate during that time of crisis. so dodd-frank, of course also created so the called fsoc. what is that? the financial stability oversight council. which during its current existence has done virtually nothing to enhance the stability of the financial market. in fact, if you look at it, through its systemically important designation of institutions, fsoc has gone in the other direction. it has put taxpayers now on

. >> right now i'm finishing frank by barney frank. it's interesting because it gives you not only a look at his career but congress back when i worked and just some highlights from the major legislation he worked on and the experiences that he went through the relevant for someone that looked up to him as the smartest and the wittiest member of congress i remember watching and it's a fascinating read so just finishing that one out. i just started one called factory man which is about the basket for a - furniture group and despite all the challenges in the globalization to send construction over to china because it is cheaper, they wanted to keep building things in america and providing wages. it's a challenge and i give them credit. i'm a small business owner and i find a lot of value what they did and i think more businesses should look at that. hopefully one of these versions i will get through but reign of error on public education, served on the education and workforce committee and one of the things we have been to the casino's a

. >> right now i'm finishing frank by barney frank. it's an autobiography. it's a really interesting book and it gives you a look at his career and congress back when it worked a little better than maybe now and some of the highlights in the major legislation he worked on some of the experiences he went through that are especially relevant for someone who always looked up to barney as one of the smartest and wittiest members of congress. i remember watching. it's really fascinating read such as finishing that one up. i just started one called factory man which is about the bassett furniture company or group, essentially a company here in the united states and despite all the challenges with globalization and companies trying to send construction over to china because it's cheaper they wanted to keep building things in america they want to keep providing wages for the people who work for them to support their families. it's a big challenge and i really get give them a lot of credit. i am a small business owner since i was 23, for 28 years and i find a lot of