buckley jr.. i dedicated a couple weeks to build buckley's and i communism with a principal and philosophical position. he once told me late in his life that his most important book may have been odyssey of a friend, the book in which buckley and characteristically barely says or write anything in which he creates a literary and philosophical interview with whittaker chambers. in odyssey we see chambers again bear his soul. to young admirer, friend and colleague. i was struck, most of all by the deep emotional intensity and raw humanity that flows, of so many of these pages. amen is trying to account to himself and two world how he made his choices, where he fell and where he blundered, but also there is no going back, doing the right thing can still mean anything, not just for his own soul but his family, couny and generation. bill buckley as some of you know was a dramatic emotional man, very much so. it is not surprising to me chambers's odyssey moves bill profoundly. as my students know, bill

buckley's got.: there were proposals in the mid 90's from then- republican bill archer to totally repeal the income tax and replace it with a national sales tax. it never went anywhere, for a variety of reasons. the first is the rate of the tax would have to be extraordinarily high, well above 20% the replacement tax rate on a consumption tax basis, so the rate would have to be that high. also, it is extraordinarily regressive, taxes. the individual would be paid a 25% rate and his/her consumption and, just as when someone making it $100,000 per year. it would involve an extraordinarily regressive tax burden. i also think we are an economy that is driven by consumer demand. i cannot think of anything that would be more of a guarantee to put the economy in recession than increasing the price of all goods and services that we purchase by 20%-25%. host: the last word on twitter. john buckley, thank you for your help this morning trying to understand the alternative minimum tax. we appreciate it. coming

conservative in the bill buckley spirit stop. but when history doesn't 0 buy, that has to be taken in to aciewnt, and in many respects, history has refused to obey and my exhortation is not that there is not an absolutely independenceble role for conservatives for who continue to say to history to stop, but there's also a role in recognizing it hasn't and taking those developments in to account. >> slowing it down a little bit. >> slowing it down is actually what i was advocating. in other words, the aggressive principled reform as far as you can go we -- but in practical terms a dream of sometimes you hear the language, a dream of small government is a "fantasy." that doesn't present us to returning what is best about the founding. the prince l pans pals -- if you recall, the constitution was on the side of large government. it was the antifederalist who said you're greating a huge one that will swallow everything up. they wanted a more powerful government. what did they agree on? it had to be limited agrease i havely -- aggress

buckley senior and william f. buckley, jr., the founding editor of "national review" and one of the central figures of modern conservatism. buckley senior be restored in india government state in camden south carolina became a friend and regular correspondent with the then governor thurmond would have had no problem identifying as a strom thurmond american. i don't know of any other man in public life whose views i entirely approve of. his son has just ordered a new magazine and buckley sent them a years subscription to he said his son was a very fine public speaker and very sound adding he is for segregation in every issue. one of the most notorious editorials buckley, jr.'s published the national beer early years came during a battle and thurmond's career, the vikings 1957 civil rights bill. why the south must prevail a. four days before thurmond historic filibuster. i'm quoting now from that editorial. 57, the "national review." essential question that emerges is whether the white community in the south isn't u

buckley. i think it's a no-brainer. whenever any of my expenses went up, taxes included for taxes that were levied on one of my suppliers for anything under the expenses, i would turn around and up the cost of whatever i was doing to my customer and it seems to me that whatever the tax increase is to businesses, small, medium or large, unless the philosophy has changed a whole lot, they will turn around and pass the extra expenses onto their customers who would even middle-class. has this occurred to anyone who is making all these plans yet? i will take my answer off the air here. >> guest: there is a large dispute of who bears the burden of the corporate income tax. most people would suggest the individual income taxes born by individual taxpayers and they do not have the prerogative of passing it on to their customers. we have wage inc customers. we have wage income and we have to bear the burden of the tax. i am not certain that it is past time. and maybe in some circumstances what you are talking about. based on my

jeff buckley comes to new york city and becomes the most buzz about young artist in 1992, 93. rediscovers -- he discovers "hallelujah" and entered it into his said. he died drowning in the mississippi river and this mythologies starts to grow around him and more and more people go back to his music and "hallelujah" becomes a real time epitaph for this tragic and figure. more and more artists started to cover it. everybody from willie nelson to katie lang to michael bolton. all kinds of people began to record the song. is very easy to be cynical that music does not mean as much as it used to, not as important as the ec to be. it can mean an incredible amount to a wide range of people. it is seen as this kind of sacred pop song and a modern hiymn. even when you suffer the pain and heartbreak of what life throws at you, you have to stand in wonder at a life and living. >> a haunting and them. how "hallelujah" became a global hit. we hope to see you back here tomorrow. until then, you can find constant updates on our website. for all of us here, thank you for watching. >> makes se

jim buckley is referring to you as professor moynihan. pat said, the mudslinging has begun. [laughter] what you are in for tonight, however, it is a lecture on political philosophy. take notes, there will be a test. in 1953, the year in which the words "under god" were added to the pledge of allegiance, it he proclaimed the fourth of july and national day of prayer. on that day, eisenhower fished in the morning, golfed in the afternoon, and played bridge in the evening. there were prayers -- perhaps when the chief executive faced a daunting putt. this was not his first foray into the darkened ground of the relationship between religion and american politics. three days before christmas in 1952, president elect ike made a speech in which he said "our form of government has no sense unless it is founded in the deeply felt religious faith and i do not care what it is." he received a much ridicule from his cultured despise years. his professed indifference to the major of the religious faith. it is the first part of the statement that deserves continuing attention. certainly man

>> you know, i remember years ago, and you do, too, the great james buckley, bill buckley's brother.yes, i do. >> ran for re-election in the senate in 1976. an i love mr. buckley. >> still angry about that. >> so look, he ran against putting seat belts on. and he got whooped by pat moynihan. this reminds me a little bit of that. i think the black box information thing is something whose time has come. you can't get rid of it. it's too valuable in court, tom. >> but see you have to balance things. court will take care of itself. the laws will take care of themselves. personal liberty, where you go, what you do, what you're doing while you do it there has value. >> liberty has value. okay. thanks to tom curran who got it right. >>> finally tonight, a salute to a dwindling band, most of them crowding 90 or already there. survivors of pearl harbor on this pearl harbor day. the devastating attack 71 years ago today. the survivorers went on to fight across the pacific throughout the war, came home to build the peace. those that are able still show up at pearl. keeping america great for all

michael shea clerked for judge buckley in 1993 and 1994. i will say that judge buckley sent our advisory committee and i believe the judiciary committee and senator blumenthal and me a very thoughtful, positive, personal letter of recommendation on mr. shea's behalf. after concluding his clerkship, michael shea joined the firm of clery, got leeb, stein and hamilton as an associate where he stayed for four years working on both criminal and civil cases and for a period of time was dispatched to the brussels, belgium office of the firm working on an antitrust investigation but much more significant than his legal work, there in brussels he met his wife, frederique and they have three wonderful children. since 1998 michael shea has been a partner at day-pitney l.l.p. where his trial and practice has included trials and appeals in personal injury and criminal and other cases. he's the chair of the appellate practice group. we found in talking to lawyers and judges around connecticut on a state and federal bench that michael shea is quite simply

he ran against william buckley's brother jim. at the first debate, buckley turned to him and starts bashing comes right out of the court with moynihan. he looks up and says, oh, the mudslinging begins. [laughter] >> thank you. tell us and generalize for us, historians have not typically have access to anything resembling this kind of material with the exception of nixon and whatever. how were we to regard the source of information? what is it? you have to check it? is a good way to his? >> i think it is good to go. what is wonderful about these tapes is the immediacy of them. also, we do have other presidential tapes to listen to. one of the things that i actually love about these tapes of the conversations between president kennedy and his brother. when you listen to the nixon tapes, they have a certain quality. then you listen to the two kennedy brothers talking about how mean this guy is. it sounds so quaint as opposed to some of what we heard on the nixon tapes. i'm sure that there were other words used to describe problemati

jeff buckley recorded it in 1994.d then people started to pick up on the magic of this song, put it in soundtracks, on tv shows. more and more people recorded it. >> it's everywhere. >> wainwright is nothing short of extraordinary. >> it was on the soundtrack to "shrek" one of the key moments in getting this out there. there are now 350-some recordings of this song and thousands more performances by bob dylan and u2 and, you know, everybody all around the world knows this song. >> but it almost didn't happen. it languished in obscurity. >> first when leonard was writing it, he strug wld it for years. he said he wrote 75 verses to the song. he can't figure out what the song was and then finally got an edit he could live with and recorded it. turned the album in and columbia records said, sorry, we're not interested. >> it's interesting talking just before the segment began, if you listen to leonard cohen 15, 20 years ago, the first time you hear it, oh, that's clearly not going to work, the voice, the tempo, the narrat

john buckley, let's begin. what is the alternative minimum tax?guest: well, in very simple terms, the tax requires you to pay the greater of what you pay under the regular income tax or what you would compute under the minimum tax which has a slightly broader base. it disallows some deductions that would be allowed in the regular tax. in some respects it's very similar to the cap on itemized deductions that's currently being discussed. rather than directly attack preferences and expenditures, it essentially puts an overall cap on the benefit. there's no new ideas in this debate. the cap bears a very strong relationship to how the alternative minimum tax works. >> host: here is the form 6251 from the irs for the 2011 tax preparations. and here's part one, thetive minimum taxable income and all these instructions, 28 of them, to help you come up with whether or not you fall into the amt. how does this work? how do you know? >> guest: you know, i believe that you can only do this with computer programming. the programs tax return prepared. if we didn

chris williams to andrew buckley on 4th down. spartans rolled 49-15 to remain unbeaten.ouple of scores to pass on to you from tonight out of division 2. clayton valley on the losing end to oakdale, 27- 24. marin, the wildcats are moving on. they beat sutter 23-7 in division 3. >>> stanford women's volleyball. stanford, the first set. and it was all downhill from there for john dunning and the cardinals. they lose in three straight sets. unranked michigan, upset second- ranked stanford. the cardinal season is over! >>> and tomorrow, you can watch the 49er game against the dolphins right here on cbs 5. it will be followed immediately by the 5th quarter, inside the 49er locker room, listening to harbaugh say, whose got it better than us? nobody! we'll see how that unfolds. >> all right. we will tune in. thanks, vern. after the break, the beatles and the stones. ,, look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a

williams and buckley have made it 20-0 by time you found your seat.hey beat folsom 49-15. >>> and reports out of los angeles say the dodgers are close to landing zach greinde. reportedly six years $147 million. that would make him the second highest paid pitcher behind sabathia. >> bernadette has more sports on cbs 5 at 11:00. good night. [ captions by: caption colorado, llc 800-775-7838 email: comments@captioncolorado.com ] for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child.

jim buckley is referring to you as professor moynihan. pat said, the mudslinging has begun.hat you are in for tonight, however, it is a lecture on political philosophy. take notes, there will be a test. in 1953, the year in which the words "under god" were added to the pledge of allegiance, it he proclaimed the fourth of july and national day of prayer. on that day, eisenhower fished in the morning, golfed in the afternoon, and played bridge in the evening. there were prayers -- perhaps when the chief executive faced a daunting putt. this was not his first foray into the darkened ground of the relationship between religion and american politics. three days before christmas in 1952, president elect ike made a speech in which he said "our form of government has no sense unless it is founded in the deeply felt religious faith and i do not care what it is." he received a much ridicule from his cultured despise years. his professed indifference to the major of the religious faith. it is the first part of the statement that deserves continuing attention. certainly many americans,

♪ >> reporter: fin and hayes buckley moved to mountain view just last year.dy learning four instruments, ozark jig dancing and mountain view's self-confidence. >> with enough practice, anyone can play an instrument. >> reporter: 9-year-old fin put that to the test when he gave me my first mandolin lesson. where do i strum, right here? >> top to bottom. right. >> reporter: how does that sound? you can be honest. >> it sounds good. >> reporter: it sounds good? >> let's give a great big hand to clancy and the ragtags! >> reporter: music roots has trained over 1,000 young musicians. >> it's meant everything. it's one of the few ways that i can actually express myself. >> whew-hoo! >> reporter: some are now recording the folk music that came close to being forgotten. for the people of mountain view -- ♪ -- that's music to their ears. chelsea clinton, nbc news, mountain view, arkansas. >>> and that is our broadcast for this friday night. thank you for being with us. i'm natalie morales in for brian williams. and we hope to see you right back here tomorrow evening.

scandals this year financial institutions have paid record fine settling over twenty billion dollars buckley's u.b.s. and other banks admitted to manipulating the libel rate h.s.b.c. was fined for money laundering for the mexican drug cartel while misselling and poor consumer protection also drew attention from the financial watchdogs so this is the list of the top bank fines of the year coming in number one on the list is h.s.b.c. in december the bank was fined one point nine billion dollars for failing to prevent money laundering and investigation by the u.s. senate found h.s.b.c. failed to put measures in place to prevent money laundering in its u.s. and mexican operations investigation found h.s.b.c. accounts in mexico and the us were being used by drug barons to hide the proceeds of crime taking second and third spots this year are u.b.s. and barclays which were fined for libel fixing u.b.s. was fined one hundred billion dollars barclays half a billion altering the london interbank offered rate can make banks look less risky to investors than they actually are and it can affect the rates

jim buckley is referring to you as professor moynihan. what you are in for tonight is an episode of my lapse back into professordom. take notes, there will be a test. in 1953, the year in which the words "under god" were added to the pledge of allegiance, dwight eisenhower proclaimed the fourth of july a national day of prayer. on that day, eisenhower fished in the morning, golfed in the afternoon, and played ridge in the evening. -- bridge in the evening. perhaps there were prayers in the us activities. -- these activities. this was not his first foray into the ground between religion and american politics. three days before christmas in 1952, president-elect ike made a speech in which he said, quo"our form of government haso sense unless it is founded in the deeply fought religious space, and i do not care what it is your cu." he received much ridicule for the last part of his statement. for expressing indifference to the religion. it is the first part of the statement that deserves continuing attention. certainly, many americans, perha

buckley he turns to him and says professor. moynahan looks up with the smile and says the mud slinging begins. [laughter] here it is an honor. [laughter] generalize for us historians typically did not have access to anything resembling this material with the exception how do you regard that source of information? >> is good to go. what is wonderful about the tapes is the immediacy. we do have other tapes to listen to but one thing that i love in is the conversations between president kennedy and his brother. the nixon tapes of a certain quality and then the brothers talk about how mean he is. i am sure other words were used but it brings you back to reduce crime moment in time. >> is a possible to get fresh insights about a president has actually works? and to have access to his give-and-take, how does that add to the record? >> what is more powerful from my point* of view is the way brings kennedy to life he was masterful with television. we have a lot of media one of the things that i find moving is the way the portrait kenne

second quarter, fourth and goal for de la salle, chris williams finds buckley in the end zone. 28-7 atthe half. third quarter, vitali again. his third td of the game. 35-7. the rout is not over. john velasco, two touchdowns. a nice little 25 yarder here. sparts with six rushing t.d.s, cruising to a 49-15 victory. >> that heisman trophy handed out today in new york. the best player in the land. finalist, manti te'o, johnny manziel from texas a&m and collin klein from kansas state. here your winner. >> and now, the 2012 winner of the heisman memorial trophy is... johnny manziel. >> mike: needed a drum roll. johnny manziel, 4600 yards, 24tss, 1100 yards and manziel the first freshman ever to win the heisman. >> the body of this fraternity, what mother it is. i'd like to start by thanking the heisman trust and everybody who make this week present possible. what a great experience to meet the people i have. manti, collin, not only great football players but great guys off the field as well. >> college football's bowl season kicks off next week. regular season wrapped up with the army navy c

chris williams with a much better walk in the rain, throwing three touchdowns two though buckley.s is a 38 yarder worth 6 points and spartans win 52-7 and de la salle win its 21st straight north coast section crown. >>> coming up we'll preview sunday's [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. [ female announcer ] go from zero to pizza in just 60 seconds with tot

second quarter, fourth and goal for de la salle, chris williams finds buckley in the end zone. 28-7 atvitali again. his third td of the game. 35-7. the rout is not over. john velasco, two touchdowns. a nice little 25 yarder here. sparts with six rushing t.d.s, cruising to a 49-15 victory. >> that heisman trophy handed out today in new york. the best player in the land. finalist, manti te'o, johnny manziel from texas a&m and collin klein from kansas state. here your winner. >> and now, the 2012 winner of the heisman memorial trophy is... johnny manziel. >> mike: needed a drum roll. johnny manziel, 4600 yards, 24tss, 1100 yards and manziel the first freshman ever to win the heisman. >> the body of this fraternity, what mother it is. i'd like to start by thanking the heisman trust and everybody who make this week present possible. what a great experience to meet the people i have. manti, collin, not only great football players but great guys off the field as well. >> college football's bowl season kicks off next week. regular season wrapped up with the army navy classic. this is a love-ha

another open division title, chris williams and andrew buckley made it 20-0 early.at folsom 49-15 to go to state. and north amine el khalifi football, division -- north cal football, 27-24. and catholic headed to state, beat sutter final 23-7. speaking of football, we have the 49ers and miami dolphins right here on cbs 5 for the 5th quarter potato game show. you do not want to miss that. have a good day, everybody. >> vernon a right. there is your reminder. today at 1:00 you can see the big game. 5th quarter right after. should be a good one. >>> a word of advice, take a look at your money. >> coming up also in the next half hour the new drone war in the east bay. >> we have a lot coming up. stay tuned. 3-step process to tell real , (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. the first time. weather ad libs 07:27:42:13 now you can meae pub

fourth and goal, and the lefty finds buckley in the end zone. 28-7 at the half.n, bowls his way into the end zone. third td of the game. 35-7. route is not over. john had two tds in the game. this one a 25-yard run splitting the defense. spartans with six rushing touchdowns. dela salle cruises to a 49-15 victory. >>> the heisman trophy was handed out yesterday in new york for the best lay -- player in the land. there were three finalists. the winner is. >> and now, the 2012 winner of the heisman memorial trophy is johnny manzel. >> the drama. johnny manzel accounted for 4700 yards this year for texas a&m. he led them to a 10-2 record including an upset of then a top-ranked alabama. manzel becomes the first freshman ever to win the heisman. >> to be invite into this fraternity, what a pleasure it really is. i would like to start by thanking the heisman trust and everyone who made the weekend possible. when a great experience was it to meet the people i have, mantai and collin, not only great football players but great guys off the field as well. >> now known as jo

mara buckley says after hurricane sandy her son was given a teddy bear that helped him cope so she organized a toy drive called operation kid comfort. with the help of rockaway fire department, drove bags full of bears right there to newtown. >> that's the thing is our things are material. houses, cars and the stuff. and this is a loss that no one can really -- there's no words for the loss that this town is feeling. basically, we've had so much help, we wanted to pay it forward. and try to help somebody else. >> and over the weekend, men of the bridgeport sound tigers changed their names to honor the children murdered in that sandy hook tragedy. the hockey team donned all black uniforms with the names of the 20 schoolchildren right there on the back. >> an outpouring of support. >>> overseas now to afghanistan. abc news learned a top navy s.e.a.l. commander has died. the death of 42-year-old job price is being investigated as a suicide. military officials say he died of a gunshot wound to the head. price was a member of s.e.a.l. team 4, which is a special navy warfare unit. commander price

fourth and goal, and the lefty finds buckley in the end zone. 28-7 at the half.hird quarter, again, bowls his way into the end zone. third td of the game. 35-7. the route is not over. john had two tds in the game. this one a 25-yard run splitting the defense. spartans with six rushing touchdowns. de la salle cruises to a 49-15 victory. >>> the heisman trophy was handed out yesterday in new york. for the best player in the land. there were three finalists. notre dame line bark man tie tao, and collin and manzello. >> the winner is -- >> and now, the 2012 winner of the heisman memorial trophy is johnny manzel. [cheers and applause] >> oh, the drama. johnny manzel accounted for 4600 yards this year for texas a&m. 24 touchdowns, running 1181 yards and 19tds, leading them to a 10-2 record, including an upset of then a top-ranked alabama. manzel becomes the first freshman ever to win the heisman. >> to be invited into this fraternity, what a pleasure it really is. i would like to start by thanking the heisman trust and everyone who made this weekend possible i believe.

fourth and goal, and the lefty finds buckley in the end zone. 28-7 at the half. third quarter, again, bowls his way into the end zone. third td of the game. 35-7. route is not over. john had two tds in the game. this one a 25-yard run splitting the defense. spartans with six rushing touchdowns. de la salle cruises to a 49-15 victory. >>> the heisman trophy was handed out yesterday in new york for the best player in the land. there were three finalists. the winner is -- >> and now, the 2012 winner of the heisman memorial trophy is johnny manzel. [cheers and applause] >> oh, the drama. johnny manzel accounted for 4700 yards this year for texas a&m. 24 touchdowns, running 1181 yards and 19tds, leading them to a 10-2 record, including an upset of then a top-ranked alabama. manzel becomes the first freshman ever to win the heisman. >> warriors on a seven-game road trip and with last night's win in washington they have won their first three away from home on this trip. david lee to steph curry. a courtside sprint but it didn't slow him down. he drains the three. curry

joining us to discuss is georgetown law's george buckley. thank you for being here. john, let's begin. what is the alternative minimum tax? >> guest: in very simple terms, the tax requires you to pay the greater ever what you pay under the regular income tax or what you compute under the minimum income tax with a slightly broader base disallowing deductions that would be allowed in the regular tax. in some republics, it's very similar to the cap on itemized deductions that's currently being discussed rather than directly attack preferences in expendtures, it essentially puts a cap on the benefit. there's no new ideas in the debate. the cap bear a strong relationship to how the alternative minimum tax works. glrs -- >> host: here's the form from the irs, and part one, the alternative minimum taxable income, all the instructions, 28 of them, to come up with whether you fall into the amt. how's it work? how do you know? >> you know, i believe you can only do this with computer programming. the programs tax preparing, and if we didn't have computerized preparing tax retu

buckley say conservatives should do, standing on history and yelling stop.he court has this really interesting moment in which to decide one of the most controversial issues we are discussing. >> at the hinge of history. a lovely phrase. terry moran, anchor of "nightline," who anchored "nightline" last night, up early with us this morning. we appreciate it. >> thank you, dan. >>> this morning marks 24 days before the country goes over the fiscal cliff, where everyone's taxes automatically go up and deep spending cuts kick in. president obama is taking aim at republicans, accusing them of blocking a bill that would prevent tax rates from going up for the middle class. republicans are firing back, saying raising tax rates for anyone, including top earners, would jeopardize the economy. fiscal cliff negotiations are now in the hands of just two people, president obama and house speaker john boehner. abc's david kerley joins us live with the latest. david, we have a positive jobs report. better than expected. consumer confidence plummeted. a lot of people attrib

buckley. but it is the truth that a certain point by smug zoo.when your kids, your mugged by your kid. your mugged by taxis and that turns you into a liberal -- conservative. another famous earlier to somebody that is liberal can hold onto their fanciful ideas until it's their property and then all of a sudden they're not sharing at all and that's the evolution. i do worry that we're becoming part of a society where we believe our government should be this all caring being. and with the government should help people in need, but i think we're establishing the government should be helping everybody and that scares me a little and we have to take that back and teach people to self-reliance and achievement is what matters. [applause] >> time for the last question. right back here. >> hello, greg. i just got a question a few birdies to working on or have ideas for your next book actually. >> who told you to ask this question? i told you to wait in the car. you never listen, do you? i told you not to let them in. i give you a picture of him. i'm worki

and then georgetown university law professor john buckley looks of the history of the alternative minimum tax and how it is being dealt with in negotiations. plus, your tweets, phone calls and e-mails. that is live tomorrow morning on "washington journal" on c-span. a closed-door briefing earlier today to outline the proposal of president obama for the so- called fiscal cliff. what is the proposal? >> the top line #would be about $2.20 trillion in the budget control act. and they say compared to what the white house put out, the white house says it offers $4 trillion when using the same accounting as the white house, it would be about $4.60 trillion over 10 years. republicans say it would come from tax reform, but not to increasing tax rates. that has been a sticking point thus far in negotiations. >> you are talking about the bush tax rates? >> all of the bush era tax rates would be extended into next year and that would start the process for tax reform. it would be in the tax reform process that there would generate -- and they would generate $800 million -- $800 billion in revenue. and

jim buckley is referring to you as professor moynihan. the mudslinging has begun. what's your in for tonight, however, it is an episode -- a lecture on political philosophy. take notes, there will be a test. in 1953, the year in which the in"under god" were added to the pledge of allegiance, it he proclaimed the fourth of july and national day of prayer. on that day, eisenhower fished in the morning, both in the afternoon, and played bridge in the evening. there were prayers -- perhaps when the chief executive faced a daunting putt. this was not his first foray into the darkened ground of the relationship between religion and american politics. three days before christmas in 1952, president elect ike made a speech in which she said "our form of government has no sense unless it is founded in the deeply felt religious faith and i do not care what it is." he received a much ridicule from his cultured despise years. his professed indifference to the major of the religious faith. it is the first part of the statement that deserves continuing attention. certainly many a

buckley. but it is, it is the truth. at a certain point, life mugs you in so many different ways. when you have kids, you're mugged by your kids. you're mugged by taxes. and that turns you into a liberal. -- a conservative. and a liberal, i was saying this earlier to somebody that, like, a liberal can hold on to their pant call ideas until it's their property, and then it's all of a sudden they're not sharing at all. and that's kind of, i think that's the evolution. i do worry that, you know, we're becoming part of a society where we believe our government should be this all-caring being. i believe the government should help people in need, but i think we're establishing that the government should be helping everybody. that scares me a little when you have to take that back and teach people that self-reliance and achievement is what matters. it's the only thing that makes you feel good. [applause] >> time for last question. right back here. >> hello, greg. >> hi. >> i just got a question. have you already started working on or have any ideas for your next book, actually? >> who to

buckley. i'm proud to be, and in fact you can go on to say this is endorsed by milton friedman has a hero of mine, and also of course walter cronkite who is a hero in a lot of other ways and george shultz, like to say, the former secretary of state for ronald reagan, no-man's liberal but you get those folks together to agree on anything and it's pretty impressive. >> you also have another book out and this is another new one? what is this one? >> it is a handbook of solutions to america's problems and there really are resolutions to these problems. and honestly i wrote this without having any intentions or thoughts of being involved in another political campaign. but it talks about health care, education, the policy of capital punishment, which regardless of your philosophy isn't working. getting into responsible criminal-justice issues and rehabilitation, that sort of thing. i even recommended going on the metric system which is certainly something else and you said i'm running for vice presi

buckley. it's the truth that a certain point life mugs you in different ways.when you have kids, you are mugged by your kid. you're mugged by taxes, and that turns you in to a liberal. and conservative and a liberal, i was saying this earlier to somebody like a lib call -- liberal can hold on to the idea until it's the property. then it's like they're not sharing at all. that's kind of the, i think that's the evolution. i do worry that, you know, we're becoming part of a society where we believe our government should be this all caring being. i believe the government should help people in need. i think we're establish that the government should be everybody. that scares me a little bit. we have to take it back and teach people self-reliance and achievement matters. it's the only thing that makes them feel good. [applause] >>> time for one last question right back here. >> hello, greg. >> hi. >> i have a question you already started working on or have any idea for the next book. >> who told you to ask the question. [laughter] i told you to wait in the car. [laug

buckley in 2005, before he died, said of george w.ush's foreign policy despite earlier support of it, said, well, really, it ended up not being what it -- the reality did. we conservatives are supposed to look at the landscape before us and make our decisions based upon that. and just as the events of 9/11 changed things, so too did this. it didn't change our constitutional rights to keep and bear arms. we have those rights. we will always have those rights. we will always have the right to hunt and always have the right to protect our families. but just like 9/11 required change, so does newtown require change. >> coming up a little later on the show, we will speak to new york city michael bloomberg and senator elect chris murphy of connecticut. be right back. [ both ] people loved our wedding slide show. that is the end... of carousel one. ...of carousel one. there's carousel two! all right! [ male announcer ] when you combine creamy velveeta with zesty rotel tomatoes and green chiles, you'll get a bowl of queso that makes even this

joining us to discuss is georgetown law's john buckley. thank you for being here. what is the alternative minimum tax? guest: in simple terms, the alternative minimum tax requires you to pay the greater of what you would pay under the regular minimum tax, or a slightly broader base. it would allow some deductions. in some respects common it is very similar to the tax on itemized deductions being discussed right and preferences and expansion -- rather than a kowt in the overall expenditures. there are no new ideas in this debate. the captive bears a very strong relationship to how the alternative minimum tax works. host: here is form 6251 from the irs 2011 tax preparation here is part one, the alternative minimum tax income. how does this work? how do you know? guest: i believe that you can mulally do this with computer programming, the programs the tax preparers returned. if people had to go through and fill out all of the details, there would have been a strong revolt against the complexity. it is extremely burdensome if you try to do it without tax return corpora

john buckley, let's begin. what is the alternative minimum tax?simple terms, the alternative minimum tax requires you to pay the greater of what you pay under the regular income tax or what you would compute under the minimum tax which has a slightly broader base. it disallows some deductions that would be allowed in the regular tax. in some respects it's very similar to cap on itemized deductions that's currently being discussed. rather than directly attack preferences in expenditures it essentially puts an overall cap on benefit. there's no new ideas in this debate. the cap bears a very strong relationship to how the alternative minimum tax works. host: here is the form 6251 from the i.r.s. for the 2011 tax preparations. and here's part one. the alternative minimum taxable income. 28 of these to help you come up with whether or not you fall into the a.m.t. how does this work? how do you know? >> you know -- guest: you know, i believe that you can only do this with computer programming. the program's tax return preparing. if we didn't have comput

in the last couple of years, whether it is hyperpartisanship or outside interest groups because of buckleyersus vallejo. we have a system that is not working for the american people. with people needing jobs and having to save their homes and protect their retirement and their investments, we shouldn't be in this situation. it really needs close scrutiny to ask, how did we get here? how can we make sure this kind of hijinx never happens again. >> shannon: even if you reach a deal, it will be a temporary patch. everyone knows that. there are so many other big issues, the debt ceiling, entitlement reform, tax reform, is there any way to reconfigure the way the hill is working now? because this is one of many crisis that are coming. is it always going to be at the cliff, where the decisions are made? >> shannon, i have a great suggestion. but before that, let me commend my friend for his wisdom. he has had 16 years experience in the house, i am going to miss him when he retires after this year. but he said it exactly right. the problem, of course, with so many people unemployed -- you get the

william fire, buckley talked about separate penguin right wing from the fringe.he conservative movement allowed itself to get defined by the fringe it would upset the chances of any conservative winning an election. the pea party has not been affect effective at policing its own members over the last couple of years so the result is that every republican looks like a crazy republican. some of this talk is grassing knoll take. when i hear that, i start buying stock in alcoa. i know we're going to be selling more tin foil, foreign told ins wrap for all the hats that are going to be needed. too many republicans in positions of responsibility over the last couple of years, winked and nodded, tolerated some of this crazy talk instead of saying -- this is really hurting the brand and it came back to bite us not just in the senate race as you said, but in the presidential election this past year. >> i also say that i think the tea party has sort of become the republican establishment. if you look at marco rubio or paul ryan who are leading the charts to reinvent the rep

john buckley thank you for being here. what is the alternative minimum tax?>guest: you pay the greater of the regular income tax or under the minimum tax that has the broader-based to disallow those deductions. >> in some respects it is similar to the itemize deductions rather than directly attack it puts the overall cap there is no new ideas it bears a strong relationship. >>host: here's the form for the 2011 tax preparation the alternative minimum taxes you fall into it? how do you know, ? >> i believe you could only do this with computer programs like tax prepares if fried did not have that i do believe that at&t would have been killed along time ago if people really had to do that to figure out the details there would be a strong revolt against the complexity. it is extremely burdensome if you try to do it without preparation. >>host: give us the history. >>guest: in the current form enacted 1986 with long been the goal of proponents to have a robust minimum tax. that gratify fact they could not direct reduce tax expenditures sews they saw of this feasibl

i worked for jim buckley and then he lost his senate seat. and then i worked for jack kemp.>> in nashville, the meachams, a welcoming party. >> they're still being welcomed. al gore gave them the first one. they had a big old barbecue. al was very into the barbecuing in his backyard. >> how is al doing? >> he's having a good time. >> has he gotten over it? >> i think he's gotten over it. he's become a fine wine connoisseur. we had some very nice red wine over there. >> i bet he analyzes the chemical breakdown. >> he talks a s a little about wine. >> how's meacham doing? >> meacham, you know, he's got this great book out. he's on the road. >> number one. >> number one. he's bringing al gore's book out in february. >> did y'all wear a lot of cardigans? >> he's become like a little country squire. he has. i gave him some slippers. he's got some really nice slippers. >> what i learned -- and i think there's some harold ford jr. in jon meacham because when jon decided he was going to move to nashville, you know what his first question was to julia? >> i'm going to quit talking to

joining us is john buckley. what is the alternative minimum tax? guest: it requires you to pay the greater of what you pay under the -- it has a slightly broader base. it disallows some deductions that would be allowed in the regular tax. it is similar to the cap on itemized deduction currently being discussed. rather than directly attacked preferences in its expenditures. it puts an overall cap on the benefits. there is no new idea in this debate. the captors a strong relationship develop alternative minimum tax works. host: here is the form for the 2011 tex preparations and here's part one. and all these instructions, 28 of them. how does this work? how do you know? guest: i believe you can do this with computer programming. the programs for tax returns. amt would haveea been repealed if we didn't have computer software. there would been a strong revolts against the complexity much less the additional tax. it is burden some if he tried to do that without tax return software. host: give us the history of the amt. guest: it had been a goal to have

join president obama to extend the tax rates for the highest income earners the law professor john buckley at the history of the tax, plus your e-mails, phone calls, and tweets. in a few moments, a forum on energy security. in a little less than an hour and a half, 20 years since russia and the u.s. agreed to secure and nuclear weapons in the former soviet states, and a look at proposals but could be negotiations over the fiscal cliff. >> we are at the new york state museum. this is dedicated to the history of september 11 and the attacks at the world trade center. we have established the gallery to tell the story of the first moments of the attack using photographs from the world trade center site. there is a piece of steel. we put it in a place where the public can come and touch it. it gives a tangible experience. this is a piece of steel from the north towers. this is a dramatically bent piece of steel. this is within 10 floors of the impact, and you can see the openings with this piece of metal strips that would have held aluminum. every piece of steel marks which side of the building