in 2007, co-founder of the carlisle group and philanthropist, david rubenstein, purchased for $21 million, one of only 47 original magna cartas and the only copy in the united states. in 1929, rubinstein loaned it to the national archives as a gift of the american people it was taken on display in 2011 to be placed in a new protective case. american history tv attended a press hearing for the newly encased magna carta. >> i'm david barry of the archivist of the united states and it's a pleasure to welcome to you one of the conservation labs of the archives. for many a year, the only copy of the magna carta has been out of sight, undergoing conservation treatment. we're showing you the result of our staff's expert pain staking work displayed in a new encasement designed and fabricated by the national institute of standard and technology. the 700-year-old document looks better than ever. when the magna carta is back on public display beginning february 17, it will be a more accurate rendition of the record. an an no at the same timed translation of the latin document and learn how it influe

i do want to thank dean matthew diller and professor david rubenstein for putting us all together and for inviting me. i'm on live television all the time. people always ask me if i get nervous and the answer is no, generally i don't get nervous two things in life make me nervous. one is coaching, well he's now in college but it was coaching my son's basketball team. because that, you know, can only go wrong. that can only go bad and did. and the other thing that makes me nervous is walking into a law school. it's a long story, but i went to law school a long time ago for two years. i won't bore you with the details. i never finished. things have worked out okay, but i still i walk in, and this was -- i was at berkeley. and i was out there a few weeks ago actually and i was visiting. they've done a lot of expanding at bolts hall. i was visiting the dean and i walked into a room where they had all the books of the fact. i'm looking at these books from my former professors and i just got the shakes. anyway, i am glad to be here. our subject tonight is the aclu. it has been involved as w

billionaire david rubenstein calls america's tax system a disgrace. change the law if they want the rich to pay more taxes. rubenstein says he's paying what he's supposed to pay under the current law and it's unfair for people to say that he's not paying his fair share. president obama's been calling for the rich to pay their fair share in taxes. he wants to change the law so that people who make more than $1 million a year will pay at least a 30% tax rate. here's the question. what does it mean when you have to work 107 days just to meet your tax bill? go to cnn.com/caffertyor go to the post on the situation room's facebook page and after all of that they still spend a trillion more than they take in in washington, where you're from. >> i knew him when he was domestic policy adviser during jimmy carter. >> he did better. >> yes, he has. >> to be a billionaire. he was a young 25, 26-year-old kid working for jimmy carter and stewart eisenstat. remember those days? >> the audience has no idea what we're talking about. god, you're old. >> thanks very muc

carlisle group and philanthropist, david rubinstein, purchased for $21 one of only 47 original magna cartas and the only copy in the united states. in 2009, rubenstein permanently loaned it to the american people. it was put on display in 1911 to and the unveiling of the newly encased magna carta. >> i'm david barry of the archivist of the united states for nearly a year the magna carta has been out of of sight, undergoing conservation treatment. we're showing you the result of our staff's expert pain staking work displayed in a new encasement designed and fabricated by the national institute's standards and technology. the 700-year-old document looks better than ever. when the magna carta is back on public display beginning interactive displays will enhance the value of viewing the record. visitors will be able to read annotated translation of the document and learn how the magna carta influenced founders, declaration of independence, constitution and the bill of rights. the connection between magna carta and the effects of secure liberty and law over the centuries have inspired a new gallery which will be the future home of magna carta. this new p