one of the reasons i didn't emphasize coolidge as much, though, was coolidge was not operating in the same kind of political environment that anybody who's trying to cut goth spending would be operating in today, and reagan was. and that there were things in re began's record that were successes that we could look for and there were things in re began's record that were failures that we could learn from. calvin coolidge was really the last president that was consistently what the republican party claims to be. but we're not in that political environment anymore, and that's why i didn't discuss coolidge. i do discuss coolidge somewhat, but that's why he was not a major focal point of my book. >> thank you very much. one of the things i'm interested in is hearing about the tate reforms -- state reforms and how we can take those lessons from cutting government spending, putting in consumption taxes, school choice, those sorts of of things, looking at that from a federal level where the politics might be a little bit different. >> uh-huh. i think there are some differences between state a

coolidge actually dopstopped growth, cut spending. >> when coolidge left office, john, in 1929 the federalan when he came in in 1923. >> yet the chattering classes the smug know it alls he's not liked. >> politicians haof either part like to grow government and he shrank it. what i found in writing this book is it was fascinating how he said no, no they can't. he said that all of the time, john, whether it was with his -- >> 50 times he vetoed congress. much more important to kill bad bills than pass good ones. >> he wrote that to his father who was a lawmaker. give administration a chance to catch up with legislation. too write too many laws. all of these interesting phrases sound so foreign to him now. he's a bit different, right? he believes in austerity. the government would grow. the evidence of his period suggest he was corrupt. >> yet he is blamed for the depression. >> it is kind of a weird history thing. if you don't want to rurt roosevelt you have to hurt the people who came before him. >> hoover came in between and hoover increased spending. >> that's right. i personally blame h

if you like expanding government you will like to undermine coolidge.ohn: he took naps every day. >> like ray again. >> people want activist politics? at the time he was popular. >> now we say governments create crisis and like to the college try to make a fun crisis that was part of the men said and people might notice that he developed the art of boring the country into blieving it did not need government which was the bt. john: they said the itch to run things did not afflict them. how refreshing. >> is intereing even the white house was modest. he did not wan to spend their city to get the tax cuts. he did not squander political capital so he would save every virtue prove that he could cut taxes. john: he cut tax rates down a 25% and more money came in. >> he cut taxes lower than reagan down at 25 percent and reagan w 28%, while he had a balanced budget so that is interesting. on top of that he got more revee. this was supply-side experiment that worked. they did not use that phrase but said scientifi taxation but it was be coz as his treasury secre

i blamed hoover more but coolidge was the antithesis of roosevelt.eodore and franklin especially. if you like expanding government you will like to undermine coolidge. john: he took naps every day. >> like ray again. >> people want activist politics? at the time he was popular. >> now we say governments create crisis and like to the college try to make a fun crisis that was part of the men said and people might notice that he developed the art of boring the country into believing it did not need government which was the best. john: they said the itch to run things did not afflict them. how refreshing. >> is interesting even the white house was modest. he did not want to spend their city to get the tax cuts. he did not squander political capital so he would save every virtue prove that he could cut taxes. john: he cut tax rates down a 25% and more money came in. >> he cut taxes lower than reagan down at 25 percent and reagan was 28%, while he had a balanced budget so that is interesting. on top of that he got more revenue. this was supply-side experim

the neighborhood is called coolidge. that's where it is happening right now.errific police presence. they are keeping us pretty far back. so i can't necessarily confirm some of the reports about one suspect on the scene here, taken into custody. i can see the police helicopters overhead right now and that's probably consistent with the reports that the informs that one individual is still at large in the area because they want to be tracking it. that's it. a big police, multi-agency effort out here. federal officers on the scene. and that's what i am looking at. >> tell us again, the significance of where you are, the proximity to where the bombings happened at the end of the finish line of the marathon. you were saying, you are only 10 miles from there? is that correct? >> reporter: it started 10 miles from where the bombing was, on the m.i.t. campus, close to the finish line of the mar on thon. just about 10 minutes by car. it progressed over here to watertown, to the coolidge neighborhood, as the chase ensued, following the-- the apparent shooting of the m.

and i knew calvin coolidge and i was right there when they passed that budget act. congressman mulvaney and peter welch, you're both terrific and great sports. thank you. >>> another nice rally for the markets today. how about that? i'm going give you some more kudlow reasons for a little bit of optimism. and also have news of a developing insider trading scandal, however. and i told you it was a busy day. we're going to try to wrap it all up for you, next on stocks. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that

peter coolidge who lost his leg due to complications from diabetes has had his prosthetic leg for less than two weeks. >> no hands there. he was using one hand earlier and two hands before that. let me show you something else. come around and take a look. when you actually look specifically what's hapwipening with his feet over here. stepping up with his good leg and look what's happening with his prosthetic. you get the heel to toe sort of rock. that's not something that comes naturally. that's something that pete has to practice. surprisingly everyday tasks like making coffee, part of therapy, as well. >> he's not holding on to anything right now. he's actually able to keep his balance on his own. and he has a lot of balance that he's testing and successfully testing by actually moving around the kitchen here. so, he's never done this before. i mean, take a look. an uneven surface. he's got to essentially bend his knee. a lot harder than it looks for someone who has a brand-new prosthetic device. the first month of therapy is all about the basics for lower limb amputees. taking those

coolidge corner, washington square and coolidge corner have been cleared out by brookline police. mass bridge has been closed. green line service between kenmore and park street has been suspended. this is a chaotic scene. obviously as investigators and the fbi, we're told, on the ground at least or coming to the scene, presumably they are probably already here. >> this is tamron hall at the msnbc headquarters following the breaking news out of boston. right now, let me get you updated on new information. counterterrorism officials and bomb technicians are telling nbc news that there were multiple explosive devices, at least two, which exploded. this remains preliminary information. but right now, counterterrorism officials and bomb technicians tell nbc news that there were multiple explosive devices, at least two of which exploded. this information remains preliminary. what we also know right now, as you see looking at these images coming in, these explosive devices, as they've been described, went off just as the winners of the boston marathon were crossing the finish line. this

peter coolidge who lost his leg due to complications of diabetes had his prosthetic leg less than two weeks. signs of progress. one hand. two hands before that. let's show you something else and take a look. when you actually look specifically what's happening with the feet over here, stepping up with the good leg and look what's happening with the prosthetic. you get the sort of expected -- what you want, the heel and toe rock. that's something pete has to practice. surprisingly, every day tasks like making coffee, it's part of therapy, as well. he's not holding on to anything right now and able to keep his balance. distracted not thinking about that and balance that he's testing and successfully testing by actually moving around the kitchen here. so he's never done this before. i mean, take a look. an uneven surface. got to essentially bend the knees. harder than it looks for someone with a brand new prosthetic device. pretty good, pete. first month of therapy is all about the basics for lower limb amputees. taking the first steps to learn to live independently. some people say, loo

down that means their policies are no longer crazy it's if you're saying that the purse of gold is coolidge or paulson is that you're also saying that the world is on a gold standard the worry is not a gold standard today. that's the biggest joke of all we're on the gold standard these guys are making policies based the price of gold what is that you think that means we're like he says it's just a trick it is just tradition we don't respect it he's lying through his teeth all right stacy thanks for being on the kaiser report thank you i stayed over the second half much more. download. cation so choose your language stream quality and enjoy your favorite. if you're away from your television or it just doesn't matter now with your mobile device you can watch on t.v. anytime anywhere. about international and in the very heart of moscow. welcome back to the kaiser report imax guys are time now to go to florida and talk with the father of reaganomics dr paul craig roberts a former official in ronald reagan's treasury department and author of a new e-book the failure of laws a fair capitalism an

in 1944, calvin coolidge became the first of 14 presidents to attend the dinner. website goes on to say that in world war rohr -- in world war ii it was an entertainment extravaganza. it goes on to show more information. was open2, the dinner only to men. change when helen thomas, president john kennedy said he would not attend the dinner unless the ban on women was dropped. we have them on our website, c- cd.n.org/wh you can find all the old footage. barry in pennsylvania on the independent line. caller: thank you for taking my call. i would like to comment about the relationship with the media and the d.c. insiders. if i remember correctly, back in the day, a lot of people in certain political leaders for giving reagan a very, very hard time for hanging out with all these hollywood types like sinatra, etc. he came under a lot of fire and abused for that. it seems these days hollywood has no problem hanging out with the current president. i am wondering, is there a double standard going on around here? i understand that the president does need to get his message

it is the quote from calvin coolidge, it's in a book about him about 1922 and he said of immigrationme over -- whether your people came over on the mayflower or they came over last week in steerage, we're all in the same boat. that's an old american point of view. he explained afterwards the boat you're in is made magical by a feeling of americanism which we all have to communicate to each other, which we don't communicate so well these days. but i think there's just a general sense normalize and regularize this thing. don't make it punitive and nasty. >> she does bring up a point every two generations. >> oh, my goodness. >> and eventually -- >> it was chinese in the 19th century. >> and eventually we get through it and, guess what, we do communicate americanism very well. still after immigration. i think a deal gets done because of the impetus for the republican party to do something, to move. marco rubio has been preaching this since he got to the senate that we've got to do something, people, or else they're not going -- latinos are not going to listen to the republican party on

he was secretary of the treasury for parts of the harding, coolidge and hoover administrations. none of those presidents even approached him in terms of their influence on tax policy. he was the man. ♪ we're in the money >> reporter: during the roaring 20s and the great depression alike mellon argued that high taxes hurt the economy. that they robin sent tiff from innovators and job creators. beliefs that still echo today. do you think the income tax, as it's structured now is fair? >> taxation is taking things from people who earned it and giving it to people who may or may not have earned it. fair is not the question. >> reporter: grover nor quist is the founder and head of americans for tax reform, a conservative lobbying group dedicated to, in his words, shrinking government down to the size it can be drowned in a bathtub. >> we all want one simple thing from our government. we would like to be left alone. >> reporter: and he's no fringe thinker. close to half of the house and senate, 258 members, have signed nor quist's pledge never to raise taxes. >> taxes are how you fund

brookline police cleared out washington square and coolidge corner. it's a scary day no matter how this happened. we're going to, you know, try to stay away from that as much as possible until we get confirmation and think more about the people who were injured and our prayers and our thoughts to them and their families. we also understand quickly, reid, that president obama has been notified of this situation and is monitoring it very closely. >> all right. let's head to mass general hospital where 7's brandon ga know gano is joining us on the phone. >> we just confirmed four patients from the explosion are being treated here at mass general hospital. i actually just spoke to two u.s. soldiers who just got back from afghanistan, served in afghanistan, and they were running out of the hospital and they tell me they were about 50 yards away when the explosion happened. and without hesitation, they ran over to help those victims. they said it was chaotic. they say the victims had huge lacerations. they said there was missing limbs involved. and just a l

recently, somebody who said that we should -- actually i think it might have been president cal coolidgeat it was more important to get rid of bills and laws that don't work than to keep passing new ones but yeah the knee jerk reaction is always more bills, more legislation, more laws. even as a liberal, i agree that's overdone. thanks mike good to hear from you. city in league city texas. >> caller: hi, how you? >> bill: you are going to be there for the dedication of the george bush library, i guess? >> caller: i don't be doing that. here is the thing though there is absolutely no correlation whatsoever between what happened in boston and immigration. now i'm from texas, so immigration reform is quite important to me. >> bill: yeah, absolutely. i'm from california same deal right? >> caller: i'm on a border town too, and i'm -- good with that. i'm so sick of them saying -- in fact i think it is -- it's insulting to those victims that happen -- there were unfortunately caught up in this mess that took place in boston. it's insulting to do that. it's wrong. it takes the focus off of the

this has been going on since calvin coolidge, and i think it is a fabulous, and i look forward to it every year. i take it and watch it several times. .- i tape it i think the press takes it on the chin, some of the leaders of the press and the tv shows, and the president certainly did john on biden last night. every year, -- did a job on biden last night. community is able to laugh at itself and i think they complemented the president. and theed on boston fire. shows a very serious nature of the president. i just thought it was fabulous. byt: he ended his remarks talking about the gravity of the current situation. did that work for you, that contrast a very serious topics with all the levity of the night? caller: absolutely. we do that ourselves in conversations. we talk very seriously when we have to be serious, and i think he did not want to leave their thinking everybody was just looking at the funny side of life. there is a very serious side, and he pointed out the beauty of the boston globe and the way they covered this very terrible bombing, and the whole city of boston and th

it would be an enormous boost to the economy and like under kennedy and under coolidge and under reagan you reduce rates sometimes you get more revenue. the same thing with immigration. we make it harder on ourselves or that the commission, we make it harder when we have 1000 moving parts. it's why the public is upset with us. why don't we ever pass anything and why can't we get along? that will be the sweetener for the bigger deal that we never seem to get so why not break up these big deals into smaller deals? i try to pass the stem technology thesis expanding those. i tried to pacify unanimous consent and schumer came up and said no but how about passing mine by unanimous consent and i was actually quiet. they would have been shocked by that but they would have gotten something done. it would have been great fun to see we passed immigration reform by unanimous consent. >> i have to ask you about grover cleveland. >> if i was allowed to go back to when i wasn't alive, he seemed to be opposed to special interests and the also seem to be -- veto a bunch of bills and i think he it was a

come in, down through coolidge corner, and at fenway, the runners coming into kenmore.always been this great day, 117 years. people lining up four or five deep, all over the route, great atmosphere, families, all of that. and to have this shattered in such a way really takes everyone aback here in boston and forever changes one of our great institutions. the boston marathon. >> and, dan, if you could talk about when the ball game gets over and you're working for the next day, writing a column for the next day's paper, today's paper, this marathon, when you leave, when you go through kenmore square, come down commonwealth avenue, talk about, we mentioned this earlier, how stories bump into you. you don't bump into stories. >> absolutely. because generally the later in the day, the better the stories. i mean, the elite runners, you know, ethiopians in this case, kenyans most of the time, we understand it's great. but the real stories are the people, your friends and neighbors. they're chugging through there a couple hours later. those are the people coming down boylston s

>> they were closer to coolidge corner. >> well, i guess your family was out there, like so many familiesertainly know the horror. for example, the richard family, bill richard, the father ran the marathon. >> his son martin, killed and his daughter losing a limb and his wife gravely injured. you're a husband and you're a father and you ran the race. i mean, it's hard to even imagine what this family is going through, but you know, you know, you were in a situation where your family was out there and these terrorists -- >> that's our boston affiliate whbh what they're calling a search for a gray honda. we've heard of searches of trains as officials are apparently on the lookout for some accomplices other than the suspects that are related to the bombing itself. >> let's bring in now greg steinbrecker who is a reporter for the tech mit's largest and oldest snurp. he joins us now via skype. welcome to cnbc. where are you at the moment? what's your situation? >> i'm at the office. you were in lockdown and part of the campus that is in lockdown, correct? >> i'm not sure they're calling it a l

so they've got pictures -- i have one in the book of president coolidge next to mary pickford and number of other stars as well. those photographs are then sent to every press agency in the country, giving the candidate bettina glamour that their democratic counterparts lacked. it was in fact, much to my surprise, the republicans, not the democrats, conservatives are not the liberals who pioneered the use of media for political lines. it was mayor who first understood how you use radio to enliven george murphy, many of you george murphy was considered a dance man at mgm studios he was the one not only to use radio, but he tied dwight eisenhower the first sort of behind the scenes media expert to talk about the important tom dewey was running for president. they predicted he would win in a landslide. you have the famous photo of truman holding out and he went on inside you know what, no one likes you. you may be the front runner. they think your smarty-pants. the next time you go on and you're photographed, do that with your words. get your words wrong. before you walk out on the stage. h

photographers cannot and took pictures sui detectors, for example i have one in the book of president coolidge next to marry. he made sure they would be photographed and those photographs were then sent out to every press agency in the country given that somebody was running for office and given a candidate a patina of glamour that the democrati counterpart lacked. now the conservatives with the liberals on the left. george murphy many of you probably vaguely remember don't remember all george murphy was considered a actor song and dance man said he became a protege. he was the one not only to use the radio that he had taught dwight eisenhower. son 1948 for example he tried to talk to tom dewey wh wnning e governor of new york totally arrogant it's the election everybody predicted he would win a landslide you have the famous photo of truman holding up the paper headline at the election that says he wins. no one likes you. they think you are a smarty pants and he said the next time you go on and you are photographed do that with your words, get your words wrong, get mustard and make sure you st

if you in an enormous boost to ththe con and we like under kennedy, like under coolidge and like under reagan when you reduced rates, sometimes you get more revenue. that is because the deal is to be. same with immigration. we make it harder on ourselves are the debt commission, we make it a lot harder to find a deal when it has a thousand moving parts but i think we should go with the things we agree on and boom, boom, boom. it's why the rate -- that's why the public is so upset with us. all the stuff we agree on we won't pass because we say that will be the sweeter for the bigger deal. which we never seem to be able to get to one that break up all these big deals into smaller deals? i tried to pass the stand these a, science and technology these is expanding those. i tried to pass it by unanimous consent. than schumer came up and said no, but i will pass, how about passing mind by unanimous consent? i was quite. i would've let this go by unanimous consent. they would have been shocked. i think it would've been great fun to see that all of the week as part of immigration reform just b