as for the future, that would be guaranteed by cost of living, col, that were demanded from employers. hence the resurgence on the part of unions in the 1970s. i hope you can imagine what all of this held in store for business owners and for entrepreneurs. what business could issue a bond for a 10 or 20 year term? as well as clear whatever large portion of the coupon was to be done in taxation. the bond would haveing the -- the fortune 500 became the only enterprises anyone wanted to lend money to. venture capital was waiting things out in commodityies. as for the economy, the problem was young companies ordinarily create jobs at 20 times the rate of the fortune 500. they testified to the fact were congress in 1978 and everyone was shocked. and indeed, unemployment which has hoovered at 4% in the late 1960s went up by half with the recession of the 1967 to 6%. unemployment failed to moderate and led by 50% anyone. over the next several years, they were able to take a breather before rockets to the double digit levels of the early 1980s. as for growth, gdp, the king economic statistic,

. >> my col leak leak colleaguest spinning matters and and you have to read between the lines. >> mcelroyted and will serve until january of 2011, long enough to leave a lasting impression on this round. >> we are still working on the world history chapter. >> on day two, tempers begin to flare. >> we are not segregating them by the state, by region. we are doing it by skin color and i do object to that. >> people who fought in this war came out and because of their skin color, mr. bradley they could not get jobs. >> i think we need to look at what these people have done that is historically significant. i will not support names. >> and i will be nice, madam chairman. as hard as it is. >> we are not asking much. this is a really simple request. >> we are still going through a great deal of discrimination if we can't even agree to put two names. >> when we mention a few do we not diminish the accomplishments of the other recipients. >> the motion fails. >> next up, more passionate debate when mavis knight proprosed this amendment. >> there was a reason the founding fathers protected religi

. >> my col leak leak colleaguest spinning matters and and you have to read between the lines. >> mcelroynuary of 2011, long enough to leave a lasting impression on this round. >> we are still working on the world history chapter. >> on day two, tempers begin to flare. >> we are not segregating them by the state, by region. we are doing it by skin color and i do object to that. >> people who fought in this war came out and because of their skin color, mr. bradley they could not get jobs. >> i think we need to look at what these people have done that is historically significant. i will not support names. >> and i will be nice, madam chairman. as hard as it is. >> we are not asking much. this is a really simple request. >> we are still going through a great deal of discrimination if we can't even agree to put two names. >> when we mention a few do we not diminish the accomplishments of the other recipients. >> the motion fails. >> next up, more passionate debate when mavis knight proprosed this amendment. >> there was a reason the founding fathers protected religion freedom in america by ba

judge perry, if you go through co co col columb columbia, south carolina.he was a judge when he practiced law he had to sit in the balcony and wait for them to call, and that day they were naming the courthouse for him. he's on the district of south carolina. these are the people that never gave up on the faith and rule of law. and every time we make the bench and court more diverse, we increase the chances that voices can be heard, increased the idea that people believe they can be a part of it. that little boys and little girls may say one day i can sit there too. because the court i sit in. you realize the court billing, if you are in richmond come down, and i mean this. i would love to give you a personal tour. and the building was built in 1858, and if you know just a modicum, you know that when the federal government built that building it was confiscated by the confederacy, and jefferson davis, his office was in the building where i sit. can you imagine that, who would have thunk it. and i sit out and look on the fourth floor and the capitol that jef

the afghans were the only anche people who were never col owe niced by the -- who were never colonizedy the british or anches and they received a sort of gand our but enormous warmth and hospital by talt. the country is an amazing looking country. it has everything, desert, mountains. the highest mountains in the world, the lowest desert. the landscape, the people, it is all very odd. many afghans joke that, you know, 4/5 of afghanistan is uninhabitable, and the afghans joke when god made the world in seven days, he made the rest of the world in six days and then someone said there is a gap in the middle there, so he collected all the bits and pieces that were left over, you know, the spare parts that were left over for making all the other countries and he threw them all down and said this is afghanistan. so that's why afghanistan has a bit of everything, you know? it has areas which look like switzerland and it has areas that look like the sahara desert. people reflect the same. you have people who are completely wlite with blue eyes who are supposed to be the decendants of alexander

this is your own generation's col. how might you distinguish the dynamic of this generation's idealism as opposed to idealism from the past? >> one thing we have seen in that i have talked about, obviously there is idealism which is great that needs to be captured but what is so exciting of the people with skills just from growing up when we did. because of connectivity, technology, living in a global society, i think that our generation is idealistic but we also all have a lot more knowledge just based upon exposure through connectivity. therefore you can be more informed about the work that you do, making sure that you work on the skills that you need to make a difference in these areas. >> how has global health court distinguished itself from the gates foundation in africa? compare and contrast your work? >> we are very different from the gates foundation. the great -- the gates foundation is doing great work in africa, in a lot of places in the world, but there really a very different organization. what we have pro

temperatures are remaining col. here is a satellite radar picture. of the storms that fired last night. that will fire up in the afternoon. bigger problem central area of the country. one tornado warning in south texas as you are waking up. severe weather again . later on this afternoon. redevelop in west texas again and slide east again. we being see flooding out of this area because the rain continues to fall . southwest looking great . lots of sunshine right there. temperatures are cooler. >> thank you, rick. >> coming up, the obama administration approved the killing of a radical born claric. but is it worth taking him out if it makes him a martyr? >> he is the only survivor of the tragic libyan air crash. he is now going home. >> summer is just weeks away. >> all of your camping needs and remarch time. >> more "fox and friends" in two minutes . fiber one -- i'm looking for some fiber. this bar is an excellent source of fiber. there's no fiber ithis. it tastes too good. they have 35% of your daily value. oh, samples. mmm. fiber one. cardboard no.

lifestyle of the livelihood of the fishermen, the watermen on the gulf coast, here is a "new york times" col. article. any sense of how bad it will be? guest: the fisheries in louisiana is about $2.6 billion annually. we will see that severely curtailed. you can multiply the impact of those communities. i have been talking to my trumping friends and oyster man. -- my shrimping friends and oystermen. these communities are still not recovered from katrina and ike. they are recovering but this is the inverse of katrina. boats will be there. the docks will be there. they might not be able to get to them. this is an ecosystem that is open for business. if you are at a restaurant, please keep more seafood. we have been aggressive to make sure it is safe. we are closing areas where oil might be coming ashore. if it is on the menu, it is safe and he did. these communities need help. we look forward. we know the oil is contaminating the wetlands right now. that will continue because the oil has not stopped flowing yet. we think it will have significant long-term effects. that is the worst-case scenar

i'm proud of the role i played in resisting american col nationalism in central america, working with james baker, jim wright, joe moakley and tom folely to end the war in nicaraugua. the most important role that that subcommittee played was the bipartisan work we did with the george bush foundation and lawrence eagle berger helping countries transition to western capitalist democracies after the fall of the berlin wall and the collapse of the soviet union. although it happened a long time ago, i'm proud of the losing fight that i helped wage with congressman royce and udall against the irresponsible reagan budgets that cut taxes at the same time the defense budget was being doubled, all paid for with borrowed money, more than tripling the long-term budget deficit picture. the budget at the time was a progressive alternative to the budgets of both parties which spent less, borrowed less and produced smaller deficits than either the democratic or republican-based bills. and won the support of majority of democrats. at the time, our actions were hugely unpopular, about 70% of the voters

lifestyle of the livelihood of the fishermen, the watermen on the gulf coast, here is a "new york times" col. article. any sense of how bad it will be? guest: the fisheries in louisiana is about $2.6 billion annually. we will see that severely curtailed. you can multiply the impact of those communities. i have been talking to my trumping friends and oyster man. -- my shrimping friends and oystermen. these communities are still not recovered from katrina and ike. they are recovering but this is the inverse of katrina. boats will be there. the docks will be there. they might not be able to get to them. this is an ecosystem that is open for business. if you are at a restaurant, please keep more seafood. we have been aggressive to make sure it is safe. we are closing areas where oil might be coming ashore. if it is on the menu, it is safe and he did. these communities need help. we look forward. we know the oil is contaminating the wetlands right now. that willontinue because the oil has not stopped flowing yet. we think it will have significant long-term effects. that is the worst-case scenario

it was the col rised debt obligations. all of these fancy derivative products, none of which were being regulated. they were being rated by the rating agencies hired by the same financial institutions that put the products together. so investors were purchasing these products, yet they didn't know what the underliing risk was. so what happened? well, i'll tell you what happened. because there was lax regulation and the s.i.c. and the bush administration didn't look at these various derivatives, they were shifting the risk away from the local markets. so whereas in the past, you would have to go to the savings and loan and would have to show proof of employment and proof of income and then the banks would offer you alone and share the risk, the bank would then take that mortgage paper and hold onto it. it would be part of their long term investment portfolio. that didn't happen anymore. as soon as that mortgage was closed, it would be immediately sold under a secondary market. hat would then be bundled into these mortgage-b