if you never read david stockman's book, i couldn't believe it. he basically said what they were trying to do in reagan's first budget and that they should have understand that. they should've gone back. instead, reagan himself did that because they didn't want to hurt people. and they talked about how he was going to be engaged in mortal combat with people in his own voter base. so, the point i'm leaning from his after reagan had decided to push through the kinds of changes that a libertarian was first seeking and what happened after that. these libertarians seem to have determined that will be needed to achieve their end was to stop being honest with the public. instead of advocating for their goals, they needed to engage in a kind of a crabwalk i'm even advancing misleading claims in order to take territory bit by bit in a manner that cumulatively, yet quietly can begin to alter -- to radically alter american society. the program on which they tested these strategies. social security is both james buchanan and david stockman hunt observed was t

reading a scottish mystery, i read several of her murder mysteries and i have read about half of david stockman's book, i have several things i am reading or finished reading. >> booktv wants to know what you are reading. send us your summer reading list via twitter@booktv or instagram@booktv or posted to our facebook page, facebook.com/booktv. booktv on c-span2, television for serious readers. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] >> and now, live from the 2017 mississippi book festival in jackson, best-selling author mark boutin talks about the bloodiest battle of the vietnam war. [inaudible conversations] >> book festival. i am chris goodwin with mississippi to permit of archives and history and you are at the way 1968 turning point of the american war in vietnam panel. you are welcome to take photographs, post to social media. they ask if you do that the hashtag

reading a scottish mystery, i read several of her murder mysteries and i have read about half of david stockman's book, i have several things i am reading or finished reading. >> booktv wants to know what you are reading. send us your summer reading list via twitter@booktv or instagram@booktv or posted to our facebook page, facebook.com/booktv. booktv on c-span2, television for serious readers. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] >> and now, live from the 2017 mississippi book festival in jackson, best-selling author mark boutin talks about the bloodiest battle of the vietnam war. [inaudible conversations] >> book festival. i am chris goodwin with mississippi to permit of archives and history and you are at the way 1968 turning point of the american war in vietnam panel. you are welcome to take photographs, post to social media. they ask if you do that the hashtag is@literarylawnparty. in a state that has produced some of the nation's most revered arteries, howard bar stand among its finest writers of historical fiction. the civi

social security comments both james buchanan and david stockman had observed, was the linchpin of the american welfare state. the most popular new deal reform, it's very success had made it a target for the far right since its creation in 1935. no doubt inspired by chalets conversion, charles koch cato institute turkey began to teach its staff how to crab walk. my term, not theirs. cato had made the privatization of social security its top priority. buchanan labeled the existing system of social security ponzi scheme, a word that might be familiar, a framing that as one critic pointed out implied that the program was fundamentally fraudulent, indeed, totally and fundamentally wrong. it was fundamentally wrong in the view of the libertarians, but with a few canons tutelage the cause learned that opposing it candidly like it used to make in his terms political suicide. because the majority of voters wanted assistant to continue as it was. the professor ward, and i quote, there is no widespread support for basic structural reform among any membership group in the american polity. among t

radical change had social security and if you've never read david stockman's book about this write i couldn't believe it. but he basically said what they first tried to do in reagan's first budget could not be achieved in a democrat society that shy should have understood that and should have gone back. instead -- reagan drew back and didn't want to hurt people and had liberal ideas and didn't get what was going on and stockman talked about how he was going to be engaged in mortal -- mortal combat with old people and people of -- in his own voter base and reagan drew back and end up with a huge deficit. anyway. so -- so the point i'm reading from is it after reagan has decided not to push through the kinds of changes that stockman a libertarian was first seeking. and what happened after that? so they pick up here. these libertarian seem to determine what achieve their eppedz was stop being honest with the public instead of advocating for their goals frontally they needed to engage in a kind of a crab walk. even if they were required advancing misleading claims in order to take territ

and then i'm reading, i've read about half of david stockman's book called "trumped." so i've got several things that i'm reading or finished reading. >> booktv wants to know what you're reading. send us your summer reading list via twitter,@booktv or post it to our facebook page, facebook.com/booktv. booktv on c-span2, it's for serious readers. -- it's television for serious readers. >> when you think about a one-day festival, the national book festival, and you have over a hundred authors from children's authors, illustrators, graphic novelists, all of these different authors there all day, over 100,000 people come in and celebrate books and reading, you can't have a better time, i think. and i'm a little prejudiced because i'm a librarian, but i have to tell you any reader or anybody that wants to get inspired, the book festival is the perfect place. >> booktv's live all-day coverage begins saturday at 10 a.m. with featured authors including pulitzer prize-winning authors david mccullough and thomas friedman, former secretary of state condoleezza rice and best selli

and then i'm reading, i've read about half of david stockman's book called "trumped." so i've got several things that i'm either reading or just finished reading. >> booktv wants to know what you're reading. send us your summer reading list i have. >> twitter @booktv or instagram,@book underscore tv or post it to our facebook page, facebook.com/booktv. booktv on c-span2, television for serious readers. >> when you think about a one-day festival, the national book festival, and you have over a hundred authors from children's authors, illustrators, graphic novelists, all of these different authors there all day, over 100,000 people come in and celebrate books and reading. you can't have a better time, i think. and i'm a little prejudiced because i'm a librarian. but i have to tell you, any reader or anybody that wants to get inspired, the book festival is the perfect place. >> booktv's live, all-day coverage begins saturday at 10 a.m. with featured authors including pulitzer prize-winning authors david mccullough and thomas friedman, former secretary of state condoleezza

. >>> varney regular david stockman raising a red flag on amazon. what?s saying they have not, amazon has not invented anything explosively new like the iphone or personal computer to to justify its rich multiple of 190 times earnings. ashley: really? liz: he saying 91% of sales comes from selling goods on the website. what he is missing here all of amazon's operating profit comes from the cloud. amazon is plowing a lot of its money back into the cloud. taking on rivals in a beg way. it is undoing price cut wars with competitors. building out new data centers and new service personnel. stockman is really missing what is driving amazon's operating profit. without it would be $290 million in the red without the cloud. the cloud is driving amazon's profit. ashley: keith, let me bring you in on this. is mr. stockman missing the point? >> he is brilliant guy. he has been wrong about rates and wrong about markets and calling for calamity. liz is spot on. he is stuck in the gold standard mentality. he doesn't understand the new variables driving this company. th