a guy named charlie hill. it is very good. i will say one good thing. we spent one term going through these books, machiavelli and things like that. the next, students have to present to us. we pretend to be a panel of advisers and we cut them off. we try to rip it. it is totally fun. you do not want to make them cry. you want to hit them hard. >> also, beneficial. i think about that confrontation as a way to harden truth. >> they present to us. the first time, we tear them to shreds. they come back and they are so much better. if you look at "self-made millionaires -- if you look at self-made millionaires, the gpa is 2.75. somebody told them that they were too stupid to do something and they set out to prove the wrong -- prove them wrong. i came across a study a number of years ago that was the opposite. inyou look at the figures history that have gone on to tremendous achievement, a disproportionate number of them have a father died when they are about 12. >> those who were successful? >> for good and evil. your fathers that dies when you are 12 and y

paul kennedy that did a book at the logistics of world war ii and charlie hill, those are the three grand figures. >> charlie: i think the most popular class at yale. >> a very good class. i'll say one good thing about it is we spend one term -- it's a two-term class. one term going through the books, and the next the students have to present to us, and we pretend we're like a panel of the president and his advisers and they present a policy and then we cut them off every sentence and we say, have you really thought about that? that makes no sense. through thought about that study? and we just try to rip them and it's totally fun. you don't want to make them cry but hit them hard. >> charlie: it's totally beneficial. i believe in that confrontation as a way to harden the truth. >> they present to us twice, the first time we really tear them to shreds. they come back five weeks later, so they're so much better. if you look at self-made millionaires. this was a book called the millionaire mind. what was their collegiate gpa? 2.75. they were not good students. but they had a common thing, so

charlie rose with gayle king and norah o'donnell. the new ceo of general motors makes a crucial trip to capitol hill today. mary barra will speak about the ignition problems that is linked to 13 deaths. >> she has apologized for not having fixed those problems sooner. >> she also must apologize -- she also apologized rather last night to the families of those who were killed. jeff, good morning to you. >> reporter: gm requested this meeting last night and they talked about lost loved ones who died in some of these recalled vehicles. a very emotional scene, as you can imagine. we caught up with ken rymer whose daughter died in 2006 in a chef cobalt. >> it was kind of what we expected to a certain point. i mean you can't change what

he cries openly now. >> charlie: what's interesting about lyndon johnson, lyndon johnson, who went back to the texas hillntry after saying he would not run for another term, started smoking again. >> mm-hmm. >> charlie: you know, you get this from robert, and knew he was nailing a nail into his coffin. what was that about? >> he was a great prognosticator. he knew he was going to die of a heart attack. >> charlie: he'd already had two already. >> he knew he was going to die of a heart attack and he did at 64 years old. >> charlie: 64! which is young. >> charlie: young. but he knew he was going to die, so it was like courting death. maybe that's why he thought, to hell with it, it's gonna happen anyway! (laughter) but had he run for reelection and won in '68, he would have died three days after his term would have ended. so he died in january of 1973, but if he were elected to a second term in the presidency, i think he would have died in office and so did lady bird. lady bird thought the amount of stress and the way vietnam was rolling out, he just was not capable of commanding that war. he was not able

i then spent 12 years on the hill and ran for governor. >> charlie: when you look at 2014, it doesn't look good for the democrats. >> it's going to be a difficult year. >> charlie: house seems not impossible. >> never impossible. >> charlie: but very difficult. but the senate looks increasingly tough. >> if the republicans were to win six seats in the senate, i think that would be disastrous for the country. i think it would be very difficult for the president to have any meaningful legislative action take place. i don't think that's going to happen, but it will be difficult. the democratic base has got to understand what's at stake here. i mean, what's at stake is the ability of this country to move forward. you know, charlie, we had a supreme court decision -- >> charlie: yesterday, right? yes, and it's a very troubling decision. >> charlie: basically it said you're still limited in terms of how much you can give an individual candidate but there are no limits on how many candidates you can give to now. >> that's right. under the past current law, the most an individual could give d

hill. so that's how they got into the hands of senior officials at all of these agencies. >> charlie: at thedeputies meeting. >> at the deputies meeting. >> charlie: because this bringsp the idea that somehow these talking points were changed buzz the white house was -- because the white house was in the midst of a campaign and it did not want to look at all like it wasn't very much aware to have the threat of terrorism. >> right. so in the entire process i just talked about -- >> charlie: and didn't respond to questions about its own security. >> right. >> charlie: in its state department. >> in the entire process i just talked about, the white house suggested three changes -- three changes. all of them were editorial, none substantive. so the white house had no substantive input into the talking points. there have been allegations, charlie, that the white house wrote the talking points. there have been allegations that the white house -- >> charlie: what's that i mean by cooking the books. >> cooking the books. >> charlie: the expression you used. >> there have been allegations that the wh

here our very own charlie gasparino, "barron's" senior editor jack hough and financial advisor jeremy hill. thank you all three for joining us. is it a coincidence that the market started to geoff nervous and see them grow down and when everybody started talking about high frequency trading. anyone? >> i don't think it is at all. if you look what happened to nasdaq volume last couple weeks it is up 18%. i think it has nothing to do with high frequency trading. i think what is happening the u.s. equity markets are trying to parallel park between tight expectations of economic growth and also in the face of fed tapering and probably not very robust earnings season going forward. melissa: jack what do you think. >> dot-coms and biotech brokers got slammed. dot-com and biotechs are way no too expensive. investors are playing musical chairs and they know it and brokers because of high frequency trading. >> i don't, let's be honest here. the small investor has been out of this market for a long time. this is mainly a market of traders and high frequency traders. i think it is unrelated to what m

down the hills, and you're exhausted and the crowd draws you in comomming down commonwealth avenue and pul-ingè you cançó takeñr another step, that's what the marathonñr skkçó people. >> charlieigitalçó journalism with billçóç >> walt and i are not spring chickens, but it's the most exciting period of our career. we were energized an in a way. >> charlie: and biz stone, founder of twitter. >> reading this book is like looking at the world through my eyes. creativity is a renewable resource, be willing to fail spectacularly if you want to succeed spectacularly. opportunity can be manufactured. these are things we hear over and over again but the stories and the way that i present them, i think, are fresh and are, you know, admittedly allouis -- hallucinogenicly and life affirming. >> charlie: boston marathon one year later, digital journalism and biz stone when we continue. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> charlie: one year has passed since the boston marathon bombing. three people were killed and more than 260 injured in theçó frcgedy. it marked;orç@+$#Ñi deadliesté& terrorist attack in the united states s

charlie rose with gayle king and norah o'donnell. the new ceo of general motors makes a crucial trip to capitol hill today.t having fixed those problems sooner. >> she also must apologize -- she also apologized rather last night to the families of those who were killed. jeff, good morning to you. >> reporter: gm requested this meeting last night and they talked about lost loved ones who died in some of these recalled vehicles. a very emotional scene, as you can imagine. we caught up with ken rymer whose daughter died in 2006 in a chef cobalt. >> it was kind of what we expected to a certain point. i mean you can't change what has happened you know but you know, she was forthright in letting us know that what they're doing now is to make sure that something like this does not ever lap again and we can only hope that in time and in moving in the right direction that she's very truthful with that, you know but she seemed very sincere about it and we're all hoping that you know for the lives of our families and friends and anybody else we know that drives gm that that's the direction that they're going. >> repo

hill. >>> a huge move for airbnb as they plan to start collecting hotel taxes from users in one city. >>> what is the biggest going on wall street right now? charlie gasparino has something to say about it. even when they say it's not it is always about money. cheryl: buckle up, everybody, it will be a bumpy ride. as automaker recalls an additional 1.5 million vehicles what can officials say to rectify what has become a deadly problem? here with me, auto pacific vice president ed kim, former federal prosecutor, fred tecce and fox business's rich edson. rich, we want to know first what she will say thanks to you. if viewers watch fox business we knew what the statement would be. walk us through initially what she will say here, rich? >> she will say basically gm is still undergoing an investigation why they missed warning signs or proceed with a recall or fixes early on with this. these are two different companies. both are called gm but the old company is the shell that remains from the bankruptcy that happened back in 2008 and 2009. so we're dealing with two different companies. dealing with different leadership here. even show she is ceo of the

charlie. >> elizabeth, thanks. new critics of the irs. they doled out bonuses to those who didn't pay their own taxes. nancy cordes is on capitol hill. >> reporter: good morning to you and our viewers in the west. that's right, they owe money to the federal government and they were getting extra money in the form of bonuses. and what is most surprising is that it was all in line with federal regulations. internal watchdogs at the irs found that over the course of two years, 2,800 employees who had been disciplined for misconduct also received bonuses worth more than $2.8 million. the infractions included late payment or nonpayment of federal taxes, misuse of travel cards, even fraud. the problem, the report points out, is that the irs does not consider tax compliance or other misconduct when issuing performance awards. in fact, government-wide policies do not provide guidance on providing awards to employees with conduct issues. darrell issa who chairs the oversight committee says that needs to change. >> you don't get bonuses, pay increases and promotions right after you've done something wrong in the private sector. that's what's

hill who say politics may be involved here. i think that is why you see the head of the house ways and means committee participating in this because i agree with charliery political, but it is a political fight, you better get out your boxing gloves because we're going at it. going back to 1951, this kind of any conviction for contempt for somebody exercising their rights. jon: that is the point, they rarely result in any kind of a penalty from the court according to the research we have done. is it the at her? >> it is a political realm. where we are not supposed to see politics is in the irs. i stick fast to my believe what lois lerner and what the irs did targeting these conservative groups was clearly partisan. now we have a new inspector general report out an hour or so ago revealing highly political partisan activities in kentucky and in dallas. callers calling into the helpline and irs officials telling people they need to vote obama for reelection or it will hurt as taxpayers. this is astonishing stuff. while it is perfectly legitimate coming out of congress, the degree to which we can see politics in this administration is truly stunning. app