and young donald rumsfeld, i think, did wreck as much as he could. he cut off parts of the agency and put them in other parts of the government. but it wasn't enough. by the time nixon was coming back for his second term, that agency that he hated so much, it still existed. and so this time, coming back for his second term, he just flat out said he was going to kill it off. he did have the decency to wait until two days after lbj died, but then he told congress he wanted them to zero it out of the budget. kill it. it's interesting, though. even that wasn't enough for nixon, because when he came back for his second term again, like kind of famously, he was way more radical than he had been before. he was certainly less constrained and perhaps more thrilled and perhaps more drunk on his own power. and so this time, when he wanted to destroy that part of the government, that agency and the government, yes, he told congress that he wanted them to abolish the agency. he told them that. but he also sent in yet another new guy who was even more of a wreckin

your father's friend, donald rumsfeld, from princeton. he is working in the nixon administration.nd then brings in his friend. >> intern on capitol hill, yes, so that is how he first meets him. >> so your father now is the number two and he's interviewing him. >> yes, dick cheney. so you imagine, i mean, this is kind of the environment that they are getting to know each other is that they are young washingtonians doing the jobs in washington and we know a lot of these names and this is one of -- this is another reason i decided to put this together is that we just did not know -- i don't think anybody had an appreciation for carlucci which is why i brought this about. >> let's continue. ok. frame him. he was responsible for bringing cheney in early on but it was really donald rumsfeld. >> i don't think he was. >> but then you go from there and this is one of my favorites in the story. so he's doing great in that office and then he is recruited to omb. the phone rings and who was on the other end-of-the-line? george shultz. and he says, i would like you to come be my deputy. and th

and so there's just a lot of, you know, as as donald rumsfeld might have said, said no known unknowns here. and we have to sort of figure this out before we turn it into something it's not. >> yeah, but i'm guessing the likes of donald rumsfeld also believed things like your word is your bond, and i don't want to put you on the spot, but are you a parent, david? >> of course. >> so, so. okay, so this idea we have to separate the rhetoric from the action. imagine saying that to our children. isn't your word. your bond isn't what you say it representative of what you do. >> well. >> not in this. >> administration. >> and nor should we be okay with that. >> i didn't say you should be okay with it. i'm just telling you what it is. i'd also point out that we've seen this before. fdr put forward a lot of different initiatives and legislation that were slapped down by the courts, and eventually they sort of came to an unofficial compromise after fdr threatened to pack the courts. there's just a lot going on here that we need to figure out so that we can pinpoint what the actual problem is. a

donald. >> rumsfeld might have said. said no known unknowns here. and we have to. >> sort of. >> figure this. >> out before. >> we turn. >> it into something. >> it's not. >> yeah. >> but i'm guessing the likes of donald rumsfeld also believed things like your word is your bond, and i don't want to put you on the spot, but are you a parent, david? >> of course. >> so, so. >> so okay. >> so this idea we have to separate the rhetoric from the action. imagine saying that to our children. is it your word? your bond isn't what you say it representative of what you do? >> well, not in this administration. >> and should we be okay with that? >> i didn't. >> say. you should be okay with it. >> i'm just telling you what. >> it is. i'd also point. >> out that we've seen this before. >> fdr put. >> forward a. >> lot of. >> different initiatives and legislation that were slapped down by the courts, and. eventually they sort of. >> came to an unofficial. >> compromise after. >> fdr threatened. >> to pack. >> the courts. >> there's just a lot. >> going on here th

if you think about donald rumsfeld and jessica official here at the m. s. c, around the iraq war, we've had issues on the substance. but this is something quite different to intervene or attempt to interfere in the inner workings of european politics. that is something completely normative, late new in the american context. when you're talking to people they are, do you get the sense that people believe or expect that the rules fayetteville level border will withstand this challenge? okay, of the well, i think there's a serious trust problem. the europeans are doing more than hand wringing. they are constantly trying to interpret every have sentence that emerge has now from the trump administration on whether a nuclear shield will still hold with respect to article 5 commitments in nato. even if the united states decides to move away from its connecticut engagement on the european continent. so there's been a lot of t leave reading on this statements made by the secretary of defense, pete hex asked what this means. so a lot of europeans in these hallways ar

if you think about donald rumsfeld and jessica official here at the m. s. c, around the iraq war, we've had issues on the substance. but this is something quite different to intervene or attempt to interfere in the inner workings of european politics. that is something completely normative, late new in the american context, the us vice president. today, he talks a little bit about migration. i want you to take a listen to what he said and of all the pressing challenges that the nations represented to your face. i believe there is nothing more urgent than mass migration. no voter on this continent went to the ballot box to open the floodgates to millions of unrelated emigrants. so kevin, i want to ask you, was the us vice president there was the attempting to intervene in the german election, which is just days away? well, i think that's certainly how it felt so many people in the audience. he also cited a number of other elections that had been criticized for the integrity or lack thereof, in terms of their democratic processes. he also mentioned romania, a

a famous scene when he was at the munich security conference where, where he says, i think to donald rumsfeld, wasn't it on that occasion, you know, we are not convinced by your arguments for the iraq war. yeah. so on the one hand, you know, in favor of liberal military intervention when human rights are at stake. but against an invasion that they so as a legal, under international law, and that was in the case of the iraq war. okay. so that's, that's part of the journey that they be not less fast forward. again, back to now 2025 and the party program to a degree. and so i put out this year which is called suzanne and x. and so kind of to get the grow well, sort of grow together basically in english where the order um, and this time around what they say about nato is very different. just remember what we just heard from 1998, talking about replacing nato and an anti military strategy. all right, let's see what they say. now. we stand by our nato alliance commitments and the necessary expansion of our military capabilities piece. dumont's reliable funding with a defense budget that invests sig

to use the parlance of former defense secretary donald rumsfeld. and if you're merely betting on unknown unknowns, you might as well just be playing roulette. it's more fun. again, that's why index funds advocates adore the efficient markets hypothesis. this theory tells them that it's impossible for individual investors to consistently beat the averages. so if you want equity exposure, the only smart way to do it is putting your money into a nice low cost index fund that mirrors the s&p 500. now, has anyone who watched the show regularly knows i have no beef with index funds? in fact, i think they're the best way for the vast majority of people to invest in the market. i've held that that position since the year 2000. even if you got the time and the inclination to pick individual stocks and manage your own portfolio, you should still direct a big chunk of your savings, if not the plurality of it, into some cheap s&p 500 index fund. it's the safest way to give yourself equity exposure. it's perfect for your retirement accounts. think of it like th