joining us now is bob herbert. bob, thank you for being here. feel like those examples are almost unbelievable. i almost thought that it was a photoshop hoax, but it is really happening. >> i have been covering this since 2000. we have been covering this. they have been on this voter intimidation kick ever since then. they are on the loosing side of the demographics in this country but they are trying to keep as many of their opponents away from the polls as possible. this should be a bigger story. it should be. there is frustration from the people who want this to be the bigger story in the country. a lot of the reason why people get stimied in trying to report on it as you get paid for by a private family foundation and you don't know who to be mad at. that is why i think the pennsylvania story itself ought to be a tragedy. you think it is the state of pennsylvania. >> i agree. but also, you've got these campaigns going where they are going to send pollwatchers out on election day to intimidate voters showing up at the polls. and you mentioned

and former new york times columnist bob herbert is a ceo of a left leaning think tank, and also joining us is the director irvine institute in irvine. and peter, do you think that the country sees incentives to move the jobs abroad and it does not matter what the government does to help? >> well, that is right if we understand what the problem is here. if you look at what globalization has done over the past few decades, we have a basically a destruction of the job destruction ecosystem, and the way it works, christine, is simple. if caterpillar or gm decides to offshore the production instead of building a factory in peoria or detroit, what you have is a loss of jobs right there of the big company, and then what you lose next is the supply chain which creates many, many more times number of jobs as the big oems and the original equipment manufacturers and once that supply chain is gone, then you lose the service sector jobs, so that manufacturing creates service sector jobs, but the service sector jobs don't create manufacturing. >> i want the bring in bob. are you confident if the pre

herbert hoover. a majority of republicans voted for it, including bob bennett. that was the end of bob bennett's career. but when president obama was elected, shortly thereafter, and came up as its first legislative initiative to have a stimulus package, suddenly, a republican caucus was out for a scout it was said, we will turn this into obama's waterloo. the senate republican leader said the republican senate agenda is to defeat obama. this was three years and 11 months before the 2012 election. nobody in the republican caucus, except for olympia snowe, would talk to the democrats about the bill. i had been a child during the 1930 depression. i did not want to see another depression. my father, who was a russian immigrant, in 1930, found that he called it -- we live in wichita. my father packed up the family where he had a sister. in depressions, that is what families do. they moved in with one another. to survive. those were really tough times. i had been there. it was plain the vote was going to be highly precarious. it turned out to be just that. that singl

herbert hoover couldn't get along with republican congress and george hw were not happy with his democratic congress. and jimmy carter couldn't get along with congress either. ashley: we want to get along. bobetrich, bulls, bears and the ballot box. thank you very much. >> thank you. liz: the justice filing a civil lawsuit against bank of america alleging they saddled you the taxpayer with losses. we've got the very latest developments. don't go away. [ male announcer ] do y have the legal protection you need? at legalzoom, we've created a better place to turn r your legal mters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy withtep-by-step help when completing your personalized document -- or you can even access an attorney to guide you along. wh an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any quesons. get started at legalzoom.com today. and now you're protected. liz: the federal government suing the second largest u.s. bank by assets a

bob and steve and get a reaction. why this became such an important moment. january, 1980. let's watch. [video clip] >> i paid for this microphone. [applause]. >> fromxeóa new hampshire, notie george herberts seated while the other republican candidates were standing. why did that become such an iconic moment in 1980? >> fundamentally this is about toughness. it's important to remember, this was in the middle of the cold war and shortly after the invasion in afghanistan. real question with respect to how tough presidents need to be to do the job effectively. what you saw with ronald reagan was two things, you saw the fundamental toughness of the man that was really a powerful thing to distinguish him from many of the other candidates not only in the primary but also the general election. perhaps, you see the experienced hollywood actor taking an opportunity taking an ad lib that demonstrated his ability to connect with ordinary americans. debate. it's much more an issyÌ who lose the debate. this is one of the times that candidates won. ronald reagan won in that moment. >> why was this such an important moment back in 1980? >> it was the roar. you cannot be anything less in that situation.