fred, welcome back. so happy to have you here. >> fred: so happy to be here.y, listen, i really missed you. i missed doing this -- i watched the show every night. >> seth: thank you. >> fred: for real, i did. >> seth: that's so nice of you to say. >> fred: and doing the fred ex was such a crazy experience. because -- [ cheers ] like i didn't have an audience there to do it. i was in a trailer. it was just dead silent. and i was like -- should i even send this? so -- but it was all real, you know? i really got these fed exes. and saw these costumes for the first time. >> seth: it was great. you've been so busy and i'm so impressed by this. i mean, you've been gone a long time, and you're obviously doing "portlandia," and you still found time to do fred ex with us. [ cheers and applause ] but then, you know, i'm going to have to ask you about this other stuff i heard that you did while you were gone. >> fred: uh-huh. >> seth: is it true that you opened a summer camp? >> fred: yeah. [ laughter ] >> seth: you did? >> fred: yeah. >> seth: tell me about it. >> fred:

welcome back, fred. >> fred: thank you. >> seth: so great to have you. >> fred: thank you. [ cheers ande ] >> seth: we also -- fred's not the only one with news in the 8g band. the "village voice" just named our own marnie stern as the best guitarist in new york. give it up for marnie stern. [ cheers and applause ] so excited for marnie. we're so happy to have you. and i highly recommend listening to marnie's last album "the chronicles of marnia." [ laughter ] which is the actual title of an excellent album and a hilarious title as well. so, give it up for marnie stern one more time! [ cheers and applause ] you guys, we have a terrific show for you tonight. from msnbc's "the rachel maddow show," rachel maddow will be stopping by. [ cheers and applause ] can't wait to talk to her. midterm election stuff. also, joining us from the new nbc show "constantine," matt ryan. [ cheers and applause ] one of my all-time favorite comics, trail-blazer, i can't wait to talk to him as well. and here to talk about his new standup special on netflix, comedian wyatt cenac. we will be right back with more

>> fred: yes. >> seth: so, you could obviously get any color? >> fred: blue -- yes.or but basically blue. >> seth: okay. [ laughter ] it seems like maybe just blue. >> fred: just blue, yeah. >> seth: okay. so, how do you make the -- do i have to come in or do you make them in sizes? do, like, i bring my foot to you and you cover it in marbles and masking tape? >> fred: yes. i mean, you can send us your sizes, but that always seems to go wrong usually. so, just come in. and we've got, like, seven workers there and we just kind of, you know, take your feet measurement and in about a week we've got it ready for you to go. >> seth: okay. and where is it located? where do i come into to? >> fred: it's in staten island. >> seth: okay. [ laughter ] so, i'd have to go to staten island to get it. >> fred: yeah. [ cheers and applause ] >> seth: and what do you call it? >> fred: mike jackets. >> seth: what do you call it? >> fred: michael jackets. [ laughter ] >> seth: that's not a good name for a shoe store. >> fred: it's not but it gets attention, you know what i mean? there'

winnie and fred are still courting. they're still together and then they go on this very improbable trip to italy in 1890. they go -- you know, they're engaged but they're not married, and they go on a trip because winnie is basically having nervous -- not quite a nervous breakdown, but nervous sort of feelings about marrying fred. she's getting frail. she's not eating. doing all the victorian stuff when people are distress. she needs to go to the cure to go to europe to get bert. i hope i'll go on the cure. it's never going to happen. winnie did get to go and her father, jefferson davis, was very ill at the time and they didn't tell her. they really covered it up. so this is in 1889, that winter into 1890. jefferson davis is very ill and he dies while she is abroad in italy. but jefferson and varina push them to go. they want to meet winnie and push his suit with her, even though all these things are coming out about him in new york in varina's friends are researching him and doing the background check. varina decides

how are you, fred? >> fred: i'm doing great. >> seth: are you doing well?s great to see you. >> fred: so happy to be back. >> seth: so happy to have you back. it's a great day. there's big news today. big news today. north korean dictator kim jong-un resurfaced yesterday after more than a month out of the public eye. u.s. officials think that the reason no one saw him for so long is that he was starring in an nbc sitcom. [ laughter ] that might be why. apparently, north korea released new video of kim jong-un walking with a cane. walking with a cane. cane? recluse, loves chocolate. he's like the willy wonka of dictators if you think about it. [ laughter and applause ] this is pretty cool. today, the obama administration announced the 140 people selected from across the country to participate in the fall white house internship program. and unlike the white house, the internship program is very hard to get into. [ laughter and applause ] this isn't just a jump the fence situation. there's essays. there's questions. you don't just walk by like a sleeping secre

. >> fred: i am!and, when you're happy, i'm happy. that's my mantra. [ laughter ] >> seth: you guys, i'm sure you all heard about this. today, bono apologized to fans for automatically adding the new u2 album to every itunes account. [ laughter ] >> seth: though, it doesn't help that the apology comes preloaded on the new apple watch. [ laughter ] >> seth: so when you give that watch, you're getting that apology. that's right. bono apologized, he said it must have been a scary moment for people when they saw a u2 album on their itunes and thought they'd accidently grabbed their dad's phone. [ laughter ] >> seth: ebola's still the big story. only the slim majority of americans think the country's is prepared for an ebola outbreak. but i think we deal with outbreaks pretty well. it only took us a couple of months to completely eradicate gangnam style. it was here -- and then it was gone. everybody had it. [ cheers and applause ] >> seth: then nobody had it. nobody had it. some rough financial news, the

fred answered. and here are those results. >> fred: hi, i'm fred.hooting "portlandia." and welcome to another edition of "ask fred." >> hi friend, i'm carlin. my question for you is how do i convince my parents to let me buy a pet mouse and what should i name it? thanks. [ laughter ] >> fred: hey, carlin. that's a good one. you want to convince your parents to buy you a pet mouse. i would do this. i would get the mouse first and then tell them that it's a little robot that you invented and you created. so, they will be so impressed that like, it moves around. you'd be like, "isn't it lifelike? oh, my god, i can't believe i put this together, this like fake fur that i put on there and those little eyes. i mean, look at this thing." and they'll think you're a genius. [ light laughter ] and as far as a name, therefore you should give it a very robotic name. so lk12.000o5klmoommn2900021. [ laughter ] >> hi, fred. i want to know the best way to let your roommates know that you need a little bit more privacy. [ light laughter ] >> fred: hi, okay. you want

-- >> fred: thank you. >> seth: congratulations, fred.excited. i hope i see it tomorrow out trick-or-treating. >> fred: happy halloween. [ cheers and applause ] >> seth: also, very exciting weekend in new york city, the new york city marathon is this weekend. and our bassist, sid butler, is going to be running in his first marathon. [ cheers and applause ] so, we're wishing him luck. and sid, i want to tell you something as someone who has run a couple of marathons. there are two things. one, is you will finish and you will never forget the sense of accomplishment. and two, you will never stop telling people you ran a marathon. [ light laughter ] it will -- it's what will drive you to finish because you'll know as soon as i'm done, i can start -- i can go to cocktail parties, i can go to dinner parties, and i can just always steer the conversation back to the fact that i ran a marathon and therefore am a little bit better than you. [ laughter ] and i mean, it's immediate. like, you finish and you catch your breath and you just start telli

congratulations. >> fred: thank you. >> seth: give it up for fred armisen, everybody. >> fred: thankrs and applause ] >> seth: so happy to be back after a week off. the nice thing about a week off, i got to go -- brought my family, my parents, my brother and i went to pittsburgh last monday for monday night football. [ cheers ] got some pittsburgh in the house? very exciting. went to a monday night football game, it was really exciting, the steelers won. and we went to the airport to fly back to our various homes and my dad and i were flying to new york and our flight was leaving first. my mom was going home to new hampshire, my brother was going to l.a., but they came and they were sitting with us in the waiting area for our flights. while we were waiting to board i realized it had been so long since i'd been in an airport with my family. we just don't fly together anymore. and i forgot how -- my mother hates silence. so much. she talks so loud in public. and just says the craziest things. she just cannot stop talking. and so she'll say things like she said to my father and i, "you

hi, fred. >> fred: hi. [ laughter ] >> anyway, i write about -- yes, so chris parnell, i had an officeand kristin wiig also was in. it was so cool and we carved our names in the desk. and one night chris parnell decided to hide under it and i was doing my work and he just kept hitting the drawer, you know? he just kept hitting it open, and i'd just go like, "huh?" and hitting it closed. >> seth: you saw a ghost drawer? what did you think it was? [ light laughter ] >> i thought my sketch was so funny that the desk was shaking. >> serth: the desk was laughing? >> the desk was laughing. [ laughter ] and the scariest part is he was under there for about an hour. [ laughter ] >> seth: yeah. >> and then i was like, "what the heck?" and i looked under and he was just curled up in a crazy position just sweating. [ laughter ] that's how i will always remember him. >> seth: forte -- forte calling you into his office? >> will forte called me into his office that he shared with eric slovin and leo allen and everybody was naked. >> seth: mm-hmm. >> yeah. whew! >> seth: not a good -- comedy writers

and here are the results. >> fred: hello, i'm fred and i'm here to answer your questions. >> hey, fredrom east providence, rhode island here. as you can see, my beard is often a mess. how do you think i should go about taming it? >> fred: stick your hand underneath your beard and make a puppet out of it. [ light laughter ] so you can do this and sort of put your hair around it. and it -- it could have its own personality. and then you've got -- some extra people you get to hang out with. [ laughter ] you know like, "where should we eat today?" "hopscotch and a sandwich place. with friends." [ laughter ] >> hey, fred. so i recently found out i have to get my wisdom teeth taken out and i'm kind of nervous because i've seen youtube videos of people acting all crazy and loopy after their procedure because of anesthesia. so my question to you is how do i avoid getting too loopy? >> fred: as soon as you know you're getting your wisdom teeth taken out and you know you're going to have this appointment and you're going to be under anesthesia, set up an audition to be in a play or a film where

>>> we have wonderful weather this weekend, so fred, get out and enjoy it. make sure you get out and enjoy this weather because it's october, so it's completing. let's start with a live look outside, our live michael and son weather cam, can't last forever. we don't live in san diego. here's a nice view of the capitol, doing some renovations on the dome. in the meantime they have the scaffolding up, but we have a nice clear view tonight, 60 degrees, clear skies, low relative humidity, 41%, dew points in the. that's going to -- in the 30s. that's going to allow us to continue to lose the heat we got during the day. we're down to 60 now. most of us drop to the 40s overnight. it will be comfortably warm and dry in the afternoon saturday. a weak cold front is approaching. that will bring a few cloud but no rain. the biggest difference with this cold front will be the winds that will increase as we head into tomorrow night and into sunday morning. of course, that's not the bess news for all those marathon runners on sunday -- best news for all those marathon runn

bad news, fred is not with us tonight. the good news, fred's going to be back next week.cited to finally have fred back. he's been working on "portlandia." he's been in portland and we've come up with a way to keep fred involved while he's gone in a segment we have been calling "fred-ex." we -- this is not a promotional tie-in with the good people at fedex because we were idiots and did not ask them for money before we started doing this. [ light laughter ] the way "fred-ex" works is we pack up a box and we send it off to fred. it has three prompts in it and a question, and then he films himself after he creates a character. he films himself answering the question. last time we sent him a blonde wig, a visor and mustache. fred created a philosopher who was trying to come up with something very quotable. let's take a look. >> fred: italians, thank you for everything. [ laughter ] holidays, what? space, man will never get to the furthest reaches of space until he reaches into the furthest reaches of himself. [ light laughter ] that was a good quote. >> yeah. [ laughter and

. >> so, fred, again, the motive is unclear. authorities really aren't saying much about what they are finding out, but they spent much of friday and into the night collecting evidence at that school and speaking with witnesses. >> thanks so much. and on the east coast, good news for a health worker quarantined in new jersey. she has tested negative for ebo ebola. she arrived yesterday and was quarantined when officials learned she had been treating ebola patients in west africa. she returned to the u.s. just as new guidelines were issued by officials ordering a 21-day mandatory quaurn teep for some travelers coming from the ebola hot zone. so, what will these quarantines mean for the general public? elizabeth cohen joining us now live. so, you've been talking to doctors who have been taking care of ebola patients overseas and they're not that excited about this. saying now they don't even want to go back because of the investment of time, dedicating care to the patients in west africa and then dedicating the time for this quara

. >>> and fred de sam lazaro reports that the chinese government, long hostile to religion, may now bencouraging buddhism and other traditional relations as a means towards protecting the environment. >>> plus, rebuilding saint nicholas church at ground zero. the only house of worship destroyed on 9/11. ♪ >>> major funding for "religion & ethics newsweekly" is provided by the little endowment an indianapolis based private family foundation dedicated to its founders interest in religion, community development and education. additional funding also provided by mutual of america. designing customized, individual and group retirement products. that's why we're your retirement company. >>> welcome, i'm bob abernethy. it's go to have you with us. this week the world health organization, w.h.o., said the ebola death toll has risen to over 4,800 people worldwide. most infections have been in west africa where hospital bed and food are in short supply. in liberia, doctors without borders delivered thousands of medical kits to families forced to care for their infected relatives at home. meanwhi

fred? >> thank you so much.indian ocean for that missing malaysian airliner. are crews any closer to fining the plane six months after it disappeared? ♪ ♪ [ female announcer ] with five perfectly sweetened whole grains... you can't help but see the good. t-mobile's network has more data capacity than verizon or at&t. it's a network designed data strong. >>> searchers are heading back to the indian ocean this weekend looking for the malaysian airliner that vanished in march with 239 people on board. this time around they are going deep beneath the ocean surface with new technology. here's tom forman. >> all through the thundering waves of winter, the ships pressed on beyond the indian ocean. pulsing out sonar signals. the most detailed map of the sea bed ever in this area. 16,000 square miles with crumbling under water volcanos and winding valleys and plunging canyons and maybe the solution to a mystery. the new map is not fine enough to show wreckage, but it's a wealth of information to guide search vessels. >>

you press on the button, and up pops the fred french building with a picture of fred french, and of the building. if you go to my website, you can walk around new york. 35 architectural spots popping up on you. it's free. if you look on that slender slab , and you look there, closely at the top, the commanding symbol is the rising sun. that civilize his renewal. that is what fred french is all about. this guy never stopped believing in himself. even when he failed, and he failed tremendously during the great depression. he died in 1936, age 53. he had a net worth of less than $100,000. i think that fred french, to me, some of these buildings are little too tall. i like the building right on the street. who is radiated building, which is now a hotel. you will recognize it from the georgia o'keeffe painting of it. it is only 21 stories tall. black brick. right here in west 40th street, built in 1924. hood's first new york skyscraper. i like it because it is built to human scale. it is open to the sun, it is open to the air, it has a nice park. and it is across the street from a neoclassic

>> that's absurd, fred. >> it's not absurd. it should be.munity is not going to trust what the results are. there have been so many leaks that you can't trust the process. and what does that invite? it invites disrespect for the law, it invites a sense of unfairness and the fact is it doesn't work, it's not going to work. >> fred, the leaks have absolutely nothing to do with the procedure that's going on behind the doors and the presentation to the grand jury. the problem is if there are too many different versions of the facts, that jury cannot reasonably rely on a series of facts to come up with probable cause. i think that's what's going on here. i don't think there is going to be an indictment in this case. >> trial issue. >> well, this is something that certainly is not helping to ease any of the concerns -- >> that's for sure. >> exactly. >> it's stirring the pot even more. now to avery, why he looks so good. he looks good every weekend but now he's got this tuxedo on. richard, i know you know this because it's no surprise that avery w

. >> next, a conversation with author fred coplan -- fred kaplan about john quincy adams, american visionarythough he was not remembered for being a great president, he argues john quincy adams was one of the most intellectual commanders in chief. the new york historical society hosted this hour-long event.

dan ka mckel la, fred savage, josh saviano.o renighted them here. >>> and celebrity trainer anna kaiser. with her team. they're warming up. >> that's the warmups? >> that's the warmup, amy. she's bringing you her work out for the stars with her first ever workout while you watch event. it's live starting at 8:30 a.m. an exclusive live streaming workout on goodmorningamerica.com on yahoo!. you can be working out. a lot of people say they watch us when they're on the treadmill and things like that. you can get this workout, oh my -- that's the warmup? >> oh, my goodness. >> and done. >> i'm exhausted already. >> i'll have what anna is having. >>> then to the science of sleep. the new research, hello, there you go. the best time to go to bed. it's not what you think. i guarantee it. >> how to do well on tests. >>> first, news from am y. >> good news for one group of people at risk for ebola. the 21-day quarantine is over for the first people that came in contact with thomas ere ing duncan. among them, his family, fiance, and the f

fred? >> all right. thank you so much, arwa damon. >>> all right. now to the threat of ebola. health officials in the united states are working around the clock, trying to keep it from spreading. one man is already diagnosed with the deadly virus. thomas duncan's case is the first in america to be diagnosed in america. but he also had contact with at least ten people after arriving from liberia. it's one of three nations in africa, west africa, that are battling the virus. those ten people in the u.s., now, at higher risk of catching ebola as a result of the contact with mr. duncan, while in the u.s. let's go to cnn's nick valencia in dallas. so, nick, a group -- this group, rather, of ten was among the 50 and was then among the 100. what can you tell us about how it's been whittled down to 10? >> reporter: el witwell, they k that they have had direct contact with thomas duncan. they know they've had some missteps, but they know they've done a lot right. at texas presbyterian hospital, ebol

up next is fred knapp of net is with a question for mr.icketts. >> we have received input from the public suggesting a question about marijuana. colorado's legalization is resulted in uneven enforcement of the laws in western nebraska for some counties sharply increasing spending on enforcement while others are much less strict. should the state devote more resources to enforcement and what role should change in public opinion on the subject played in determining nebraska's laws in the future? ricketts: as i talk to law enforcement officials i have heard the same things that you just described with regard to the problems on their border in colorado. sheriff jensen was saying he had four murders in the city and they don't really have that. one of them was over $150 worth of marijuana so the change in colorado's law has impacted us here. as governor will work with those county shares in the state patrol to make sure we figure out how we can coordinate with this colorado state patrol and what resources will be necessary and how to get those r

fred? >> all right. thank you so much from monrovia. >>> now the latest on the battle against isis, the fighting continues around the syrian town of ka bany, along the border with turkey. isis fighters have reached the outskirts of the city. and cnn phil black is in the area and spoke with jim clancy from cnn and he said some locals are making a dash for turkey and are being met by tear gas by turkey authorities. >> largely from turkey because the ethnic group -- sorry, they fired more tear gas into the crowded area, jim. the crowd is responding. they're picking up the canisters and trying to throw them at a distance. it is in the air. it's certainly biting us but we're able to continue going at this stage. i think. okay. keep the gas mask close just in case. it's beginning to bite a little in the air. what i'm trying to say, jim, for the kurdish people it's their homeland both on this turkish side of the border and of course on the syrian side as well. what it represents for isis is very much -- a very

fred, this goes to the age-old fear of higher yields.et a little bit of lift off and rates, what does that do for the equity spirit? >> it should not, long-term, or even intermediate-term, do great damage to equities. the bond market -- let's face it. higher yields, bonds get out. >> you talked about lower oil prices hoping the huge body of america. a little bit of yield provides comfort for the banks, right? >> absolutely. higher rates in general would be good for the equity market. banks in particular. and we get higher rates. --k to the earning story >> you start penalizing savers. >> exactly. >> rip up the script. bob doll, do share buybacks continue? >> they do. probably at a store pays because companies are now hiring some workers. they're doing some capital expenditures. they're not just buying back stock in raising dividends. probably at a slower pace. >> i am calmer now. >> coming up, just how much is europe underperforming u.s. and are we at an inflection point? of the day question ties this all up into one nice package. us.t w

[music] >> hi, my name is fred lein. i'm most proud of driving a ramp taxi since the beginning of the program in 1994. [music] >> fred, you are the absolute best! thank you fred for providing transportation for me and opening up my social life, and taking ce of medical appointments, taking care of my mother [music] >> hi, my name is ann bailey and i've driven for luxor for almost five years now. i drove for desoto cab for 10 years prior to that. i drove in 1976 for the old, old yellow cab. this is frances mecchi and i've been driving her for about 11 or 12 years to her alzheimer's day program, which we call the memory club. every day when we drive through the presidio she'll say, "oh goody, you're taking me through the enchanted forest." [music] >> my name amr a.mahmoud. i am like 49 years old. i have been driving cab more than 13 year in general. then i drove a ramp more than 3 years. this is my fourth now. i have been enjoying doing the job. i like every moment of it. >> thank you amr. [music} >> hi, my name is peter a

>>> also fred de sam lazaro on the nobel prize winning humanitarian group, doctors without borders healing and making themselves heard. >> welcome. i'm bob abernethy. it's good to have you with us. more than 2 million muslim pilgrims descended on mecca this week for the annual hajj, one of the five pillars of islam. diseases carried by travelers are always a concern, and this year saudi officials took precautions against ebola. in addition to screening all arriving airline passengers, the saudi ministry of health refused to issue visas to would-be pilgrims from countries that have been hit hardest by ebola -- liberia, sierra leone, and guinea. meanwhile, the united nations is appealing for more medical aid as the ebola death toll continues to spiral. u.n. officials said that local health systems are overwhelmed, and ebola patients aren't receiving treatment quickly enough. they said if the disease isn't contained, the number of infected people could hit 1.4 million by january. in other news, international humanitarian groups are continuing to raise concerns about the tens of thousands of s

we have a new study coming out next week by fred, and sean minor, where the three authors are setting out an ambitious road map for u.s.-china relations on trade. how far do you think the bilateral investment treaty can go? realistically, where do you think the impact will be over the next couple of years? will it mostly be over u.s. investment in china, are you hopeful that the people in the u.s. will become more receptive to chinese investment the way the u.s. was receptive to the japanese investment? will the investment be in third areas, like africa, do you think the understanding of each other's views as a result of this? i think we're very sympathetic to the idea that you focused on this, but i would like to hear a little more about why you feel this is important. >> about the timetable, both sides need to have very close communications. and very good development in that we have big progress pacts of treaty clarifications. and both the u.s. officials and china think there is real progress. now, that's the key task, it's for early next year. >> right. >> so we hope that should be

arthur and fred, have a great weekend. >> have a great weekend. wall street, the dow in positive territory once again, how the latest ebola case here in new york city could impact investors as well as your bottom line. let's hope it doesn't. ♪ ♪ able to recognize a fair price. that's never really been possible. but along comes a radically new way to buy a car, called truecar. now it is. truecar has pricing data on every make and model, so all you have to do is search for the car you want, there it is. now you're an expert in less than a minute. this is how car buying was always meant to be. this is truecar. ♪ californians are discovering the real risks behind prop 46. it was written and paid for by the trial lawyers to make them millions... while, for the rest of us, health care costs go up. no wonder every major newspaper in the state opposes prop 46. they say 46 "overreached in a decidedly cynical way." it's a ploy "for trial lawyers to enrich themselves." and prop 46 has "too many potential drawbacks to be worth the risk." time to vote no on pr

constitutionalist and i agree with fred about the education needing to be in repairer.get cuts are one way and i don't believe in that. we need to increase revenue as we have the industrial connections to do so. i believe that arizona needs to run arizona. and as i said, i am an independent and i would like to serve in the government. >> next we turn to doug ducey. ducey: my wife angela and i have been married 24 years this october and we have three sons, jack, joe, and sam. i'm running on real work experience at cold stone creamery. a chief executive officer in your current state treasurer. and i have a clear agenda as your next governor. and i want to kickstart the economy and turn in into it for filling career. i want to restore the educational system to the level of excellence that we expect to better serve teachers and students and parents. and i want to take charge of our state. i want to be an independent voice for the state of arizona and i'm proud to announce that i have been endorsed by a democratic state legislator and i can tell a lot about how someone will

we'll leave it there. >> not relevant, fred. leave it out.hannon: more than we should hear on day time television. thank you both. good to see you. >> have a good weekend. shannon: you too. eric: happened again, another major chain for those of us with a sweet tooth admits there was a big data breach. we'll have details about that. >>> plus what a week on wall street. they better be popping the dramamine after the roller-coaster ride. stocks are a little calmer today. what you need to know to keep your money. the conference call. the ultimate arena for business. hour after hour of diving deep, touching base, and putting ducks in rows. the only problem with conference calls: eventually they have to end. unless you have the comcast business voiceedge mobile app. it lets you switch seamlessly from your desk phone to your mobile with no interruptions. i've never felt so alive. get the future of phone and the phones are free. comcast business. built for business. shannon: if you splurged on a dairy queen blizzard lately, and who hasn't, you might

let's hear from fred who's in lexington, kentucky. a student there, fred where do you go to school? >> caller: i go to eastern kentucky university. >> uh-huh. >> caller: my question to the president kind of concerns my question. the president had some proposals, different options and so on, as the president of a university, i was wondering what kind of insight you would kind of include in this process? i know like in other countries, australia, canada, they have advanced systems for some of their graduates from foreign countries, that sort of thing. i was wondering what's your insight into this question? >> thank you, fred. >> my view is that a person who's gained an education in the united states should be able to stay in the united states. ive it was up to me, i would begin to address the shortage of people in science, technology, engineering and mathematics by stapling a green card to a diploma for anybody in that field. i think america is richer by having a strong immigrant population, and i think america is stronger by having trained individuals part of it. this country grew by

fred schultz was federal reserve board vice-chairman in 1979.n you have inflation, money becomes worth less and financial assets of bonds and stocks don't respond as well. you need to go out and buy things. you need to buy art, stamps, gold, land, and houses. people got in the habit of going out and borrowing all they could borrow and spending all they could spend. it takes a long time to change the way people carry out their activities. in the 1970s people were convinced we would get inflation under control, and only in the latter part of the 1970s, '78 and '79, did they become convinced that we wouldn't. that's when inflation really began to heat up very rapidly. in 1979's closing months federal reserve chairman paul volcker announced a new tight money policy to counter inflation. he was forced to abandon this in 1980's recession. 1981 brought a new president and renewed determination to clamp down on inflation. but the reagan administration wanted it all, both lower inflation and higher growth. the fed sent out warning signals. we kept saying