a painting of mcintosh street in georgia painted in the 1940's by a man, frank stanley herring. i saw this painting after i had written this next poem and after i talked to my grand mother and she mentioned this street to me. i didn't know it existed because by the time i was coming up the black business district was gone. and the past few years i think they erected a monument to it. nigger street. 1937. mcintosh street the sign reads like the apple. red but not red delicious red but like red on red eyes gravy on grit the and stop lights and green and yellow. and red like those powders and syrups kept behind the counter at blocks pharmacy. red. and red like the stripe on richard's barb bar pole and the stitches on button holes on over alls of those coming to down on saturday. solid red at the blue moon and red like the eyes of the late staying patrons on sunday mornings. and in church the red of the edge of white pages in a black bound bible coming together, closing. red as a congregation rises. [applause]. >> this references a lynching. the lynching of 2 couples in monroe, geor

tenants of president obama's political philosophy, i would like to go back to it stanley drum and his interaction of frank marshall davis to barack obama. how did that occur? >> striking. it took place in 1970. obama at that point would have been nine years old. the grandfather, stanley dump, is looking for a black male role model, father figure to mentor his grandson because the father, at that point, barack obama's father was out of the picture. of all people that he would pick , you or i if we were to pick a mentor for a son or grandson we might pick a boy scout troop leader or little league coach, football coach. i don't think we would take an actual liberal, and i mean liberal, no exaggeration, card-carrying member of communist party usa to grow pro-soviet cup propaganda and communist party publications. lou: clearly establish the relationship between young obama, how long that's relationship lasted? >> it lasted throughout the 1970's. obama countries for my father, talks about the parting advice that he got before leaving to go to college from frank marshall davis. and that, which obama quotes a

frank up to the eight largest u.s. banks could be between 22 and $34 billion annually. >> and marcus stanley of americans for financial reform thinks these higher costs might benefit consumers. matt mccormick says consumer wills take it on the chin in a number of ways. good to have you with us. the change in the estimate of the costs, it seems to me, has less to do with the regulatory burden than it does with what will now be sort of off limits for banks to do, a change in their business model, have i got that right? >> sort of, tyler, i think you look at regulatory interpretation from my understanding only 200 of the thousand pages of dodd frank will be somewhat procluded will make it more difficult. but the revenues are still down roughly 5%. so it's difficult for them to get money, i think they will be more conservative. i respectfully disagree with marcus, i think it will make it more difficult for them to loan money and be an ultimate result in higher costs and lower loans that could impact banks and the share prices, and we don't recommend owning a ton of them at this time. >> how is it possible that higher regu

sachs, jpmorgan chase, citi, morgan stanley, all had a majority. 75% of their money went to a democrat, a different environment because of the situation, the dodd-frank piece of legislation. mitt romney is dominating the money. and here is what that money goes to, of course, attack adds that we see mitt romney has very heavy spending behind this ad attacking barack obama on welfare. this week, alone rather, $32 million being spent by obama, romney, and pacs associated by them. we're going to see if that can move some of the undecided voters, there are not many of them left. >> there are not many undecided voters left. that's right, it looks like the president lost the independent, john? >> no, i would not say that yet. the president still has a lead over mitt romney nationally, and we'll see if mitt romney can change some of those numbers. he has a convention, a vice presidential selection coming up, they're chances for mitt romney to try to move the nee e needle. >>> thank you, my next guests says businesses want a business goo in the oval office. steve, this is a huge change from just four years ago, is it not? >> yes, the numbers speak for themsel