. -- offense was ordering the house chablis. that works pretty well in good times. it kills you in bad times. it absolutely kills you. >> did they pay you as speaker? >> no. i would do anything for the notre dame club. this is -- they are blue and gold. having been vanquished by them so many times. the two parties, the perception of the democrats is they are downscale, not well educated, so the democrats love to nominate people with ivy league pedigree is to speak in complete paragraphs. stevenson, kennedy, roosevelt, even bill clinton, barack obama. the republicans are seen as the party of the landed gentry and the well off, and like to nominate candidates from humble origins, whether it is richard nixon, ronald reagan, certainly herbert hoover, dwight eisenhower, jerry ford, and that is why george h w bush, another man who i like and admire enormously at the personal level an incredibly thoughtful man -- he reinforced the perception of the republicans as the party of the landed gentry. it became a problem in 1992. >> which cam

yes, marriage is for straight people, who can go to a wedding, get tanked on chablis, and make a baby, barebacking it in a coat closet. [ laughter ] as -- [cheers and applause] fans of the coat closet. that's how god intended it. [ laughter ] planning to have kids just isn't right. [ laughter ] but perhaps the strongest argument clement yanked out of his law-hole is this one: "gays and lesbians have attained more legislative victories, political power, and popular favor in less time than virtually any other group in american history. given that the ultimate inquiry focuses on whether a group needs the special intervention of the courts-- the political strength of gays and lesbians in the political process should be outcome determinative here." >> stephen: yes, outcome determinative! [ laughter ] that sort of fancy talk that will get clement a ruling inhisfavoratish. [ laughter ] now, translated from the original parsel-tongue, he's saying, gays and lesbians have made so much progress, so quickly, they no longer need the courts to help them. that's understandable. [ laughter ] it's lik

the most socially and environmentally productive so on chablis do it and him for the suggested name and i bet it's a great name and thanks for the point gregory mark what he's talking about is what we used to call the stat tax the securities transaction excise tax it was put into place in the united states in one thousand nine hundred sixty help pay for the spanish-american war it stood until one thousand nine hundred sixty four it was actually doubled in one nine hundred thirty five by f.d.r. to pay for the s. and c. and the reason that they dumped it in sixty four was because it was generated so much more money than the cost to run some bright person congress said let's get rid of this and it was you know a tenth of one percent on every stock transaction and it's kept the stock market kind of moving nice and easy but now we've got these guys who are making a fortune doing a million trades a microsecond and it's destabilizing our system i'm curious with your take on it's not a big fan of it first of all you're talking about taxing without any profit you're talking about just taxing to

the most socially and environmentally productive so on chablis do it and he wants the suggested name and i bet it's a great name and thanks for the point gregory marc what he's talking about is what we used to call the stat tax the securities transaction excise tax it was put into place in the united states in one thousand nine hundred sixty pay for the spanish-american war it stood until nine hundred sixty four it was actually doubled in one nine hundred thirty five by f.d.r. to pay for the s. and c. and the reason that they dumped it in sixty four was because it was generating so much more money than the s.e.c. cost to run some bright person congress said let's get rid of this and it was you know a tenth of one percent on every stock transaction and it's kept the stock market kind of moving nice an easy but now we've got these guys who are making a fortune doing a million trades a microsecond and it's destabilized our system i'm curious your take on it's not big. and of it first of all you're talking about taxing without any profit you're talking about just taxing to be in a market

in the most socially and environmentally productive so on chablis do it and he wants the suggested name and i bet it's a great name and thanks for the point gregory marc what he's talking about is what we used to call the stat tax the securities transaction excise tax it was put into place in the united states in one thousand nine hundred sixty help pay for the spanish-american war it stood until nine hundred sixty four it was actually doubled in one nine hundred thirty five by f.d.r. to pay for the s. and c. and the reason that they dumped it in sixty four was because it was generated so much more money than the s.e.c. cost to run some bright person congress said let's get rid of this and it was you know a tenth of one percent on every stock transaction and it's kept the stock market kind of moving nice an easy but now we've got these guys who are making a fortune doing a million trades a microsecond and it's destabilized our system i'm curious your your take on a lot of big. and of it first of all you're talking about taxing without any profit you're talking about just taxing to be in