horsepower than we ever have before,en lo and behold, it works better than anything else, so really george mitchell, and the fascinating thing about mitchell, he believed in sustainability, he had this whole idea, he wanted to support sustainability, he really has this paradox, how can you be such a green focus person on sustainability, funding early studies in sustainability, studies with buckminster fuller and yet never really move beyond fossil fuels, never really engage with renewables, it's his work and his persistence that allows fracking to take off, then all of a sudden once the evidence is out there you can frac these wells, this young guy from oklahoma city, aubrey mcclendon, not the first to do it, not each the second or 3rd to do it, he realizes this is really revolutionary, this is going to change all the assumption, everything he knows, his great addition he knew how to bring money into the picture, he knew how to go to wall street and get billions of dollars. he turns she's peek energy, when i started covering the industry in 2002, wasn't on the radar screen, before long he starts dr

i had the privilege of interviewing george mitchell who is the grandfather of tracking them for 25 years everyone said that nobody will ever be able to squeeze oil and gas out of those tight shale formations and george mitchell got the recipe right essentially change this. this is where we stand at this moment in my opinion. we have reached this crossing and tipping point where suddenly this is coalescence of things sooner than we recognize that will change our entire world in the way we see the energy world. we are lucky at bloomberg news because we have very smart reporters to go out and write about stuff that is breaking. but we finally did it obvious connection, [inaudible] verizon and others in this we understood there were winners but we recognize that the losers could be the utility industry, and this is phenomenal because this is the most interesting thing that has happened since thomas edison. so what we did and took a helicopter up 5000 feet and began to see these connections and then we begin to see this report and we said we look like the airline industry in the telecom indus

george mitchell got the recipe right and changed the energy world.s is where we stand at this moment in my opinion in our opinion on the utility. we've reached this crossing and tipping point where suddenly there's a coalesce and sooner than we recognize will change the entire world in a way we see the world and the way we see the energy world. we are lucky and bloomberg news because we have all of these really smart beat reporters who go out and rights of these incredible stories about stuff that is breaking. what we finally did was saw the connections, walmart is going to sell arise all of us -- solarize all of its stores of by 2020. verizon, 1000 data centers. there were winners, but who are the losers and we recognize the losers could be potentially the -- industry. it is phenomenal. this a most interesting thing that has happened since thomas edison invented the grid. we took the helicopter up 5000 feet and began to see the connections. we discovered from those who said in a candid moment, the telecom industry in 1975 and remember what happened

bill bradley george mitchell pat moynihan jack danforth john chafee malcolm wallace and i said would you be willing to meet in my office starting next tuesday at 8:30 to see if we can work out a bill that would be satisfactory to us, and the president? every one of them said yes. and now passed starting that tuesday the most extraordinary experience in my life in politics. we met from tuesday to tuesday the bill was at -- every morning at 8:30 i'd meet with staff at 7:30, this core group a cabal as i called it at 8:30 we'd work out what we thought should be in the bill. we had one or two open committee meetings but basically the committee was just marking time waiting for us to finish. and you could tell although the meetings were behind closed doors there's no secrets in this town. and the board was getting out. we were having the meetings but no one exactly knew what it is we were doing. but on the thursday between these two tuesdays came a phone call that became very important in this whole process, and i will read it to you, because it's from the diary. back again to tax reform i

bill bradley, george mitchell, pat moynihan, jack danforth, john chafee, malcolm wallace and i said would you be willing to meet in my office starting next tuesday at 8:30 to see if we can work out a bill that would be satisfactory to us, and the president? every one of them said yes. and now passed starting that tuesday the most extraordinary experience in my life in politics. we met from tuesday to tuesday the bill was at -- every morning at 8:30 i'd meet with staff at 7:30, this core group, a cabal as i called it at 8:30 we'd work out what we thought should be in the bill. we had one or two open committee meetings but basically the committee was just marking time waiting for us to finish. and you could tell although the meetings were behind closed doors there's no secrets in this town. and the board was getting out. we were having the meetings but no one exactly knew what it is we were doing. but on the thursday between these two tuesdays, came a phone call that became very important in this whole process, and i will read it to you, because it's from the diary. back again to tax reform

. >> one thing that george mitchell said to me just recently was that look we should not be sending weaponsbecause we are fighting an economic war, rich peterson, and we are winning that war. he says, that's why he says russia's economy is crumbling, the ruble is falling the price of oil, obviously, then the sanctions. >> well backdrop to ukraine cease-fire, we have to take into account last week we had the confirmation of carter as president obama's fourth secretary of defense in his confirmation hearings, you know secretary carter said he's in favor of having lethal aid to ukrainian fighters. >> i see. >> because a conflict to the merkle/obama talks earlier that week. in contrast to the ukraine economy, contention on the cease-fire was getting aid from imf, international monetary fund, part of that fund is helping to pay ukrainian bills to russia for a gift. >> putin wants that money for gas. that's the bottom line. >> of course. everyone says oh, russia is in such terrible shape, they are going to be more flexible on ukraine. i fear it's going to be the opposite, they are going to double

so the benefit of this which george mitchell taking the db research but actually commercializing this, even goes to minnesota which is really good. i had a couple of questions though, one related to that and one to another. this is about jobs. i can tell you to our families struggling because they don't have jobs. we know there's going to be a downturn in employment in the oil patch because of falling oil prices. i'm interested if we can increase the jobs in natural gas production, because of an exportation. north louisiana, that players decrease production because of dry gas, is not what the people want to make a true chemical products. mr. durbin or mr. smith, do all have an idea of thousand jobs will be created if we could i'm sure those -- and shutter is closed down wells and to begin to ship that dry gas to markets that after one dry gas any idea how jobs would be great but? >> i don't have specifics to that i know there's been several studies come in fact nam had one do with pricewaterhousecoopers showing expanding natural gas develop, we could create 1 million jobs in the manuf

the president was george mitchell in the middle east. by the time we get to camp david, the end of the administration, the president is on the ground looking at maps with arafat and barack, talking about whether it's alignment between five miles in this direction, how would that work. it was completely up to his eyeballs because the leadership would only deal with him. barack and arafat would only deal with him. from their perspective, it had to come from the president of the united states. he'd won their complete confidence. a lot of history behind that rabin, etc. we got quite close at camp david. what happened at camp david was the contours of an agreement were shaped. if there ever is an agreement it will be along the lines of camp david. he made some comments in the campaign which were forward-leaning. nancy begins one of her "why not" campaigns on northern ireland, and he makes a decision to give a visa to gerry adams. it was associated with the ira. >> do you mind if i pause you? >> one of the interesting things that is the way bi

> i wish if the circumstances were reversed which they had been in the past and harry reid or george mitchellslowed down everything that the republican president wanted to do, i doubt we'd be hearing this from richard right now. >> i have to go. >> bye, julie. >> i have timers in my head. being our producers. thank you very much. >> thank you. >>> for more on the on going battle over funding the department of homeland security be sure to tune in to sunday morning features with maria bartiromo. that's tomorrow 10:00 a.m. only here on the fox news channel. >> should be good watching. >>> a strong new study examining the effects of marijuana versus alcohol. researchers say it's no doubt one is much more harmful than the other. so the question is which one is worse? the doctor is in with the results. >>> and a big relief for a small nascar team. police recovering their stolen race car valued at more than a quarter million dollars. where it was found. >> basically messed up a whole weekend. this is what people do, this is what they work. so when you steal a car like that, you take awayfrom a lot o

bob dole howard bake senator tom dash and george mitchell. just on a personal note i had the pleasure and honor of working with all of the those over my career in the united states senate as a staffer. we are launching this series at the beginning of the new 114th congress. our goal is to explore timely issues in policy making and politic politics throughout 2015. each event highlights people in decision making roles and some like today who might have been just put in the role and come forward to solve critical issues that challenge the country and world. we are pleased to have senator thom tillis with us for this inaugural event. you have his bio. elected in november. he is the junior senator from north carolina. he is being joined by my boss jason grumet the president of the bipartisan center. please join me in welcoming ten senior tillis and jason to begin the discussion. jason? >> thank you, bill. welcome to the beginning of the agenda setting series. couldn't be happier to start the series with you, senator. i am confidant you will be on

united states senate senator bob dole the late howard baker, senator tom daschle and senator george mitchell. and is just on a personal note i had the pleasure and honor of working with all those over my career in the united states senate as a staffer. we're watching this -- we're launch. ing this series today at the beginning of the new 114th congress. our goal here in this series is to explore timely and compelling and impactful issues in policy making and politics throughout the 2015. each event will highlight policymakers in decision making roles and some like today who may only recently have been placed in that role of putting forth innovative thinking about how to solve critical issues that challenge the country, indeed, the world today. we are pleased to have senator thom tillis with us for this inaugural event. you have his bio. elected in november, senator tillis is the junior senator from north carolina. senator tillis is being joined by my boss, jason grumet, the president of the bipartisan center, to please join me in welcoming senator tillis and jason to begin this discussion. j

united states senate, senator bob dole the late howard baker, senator tom dashel and senator george mitchell. and i had the pleasure and honor of working with all of those over my career in the united states senate as a staffer. we're launching this series today at the beginning of the new 114th congress. our goal is to explore timely and compelling and impactful issues in policy making and politics in 2015. each event will highlight policymakers in decision-making roles and only some like today only been put forward in those roles and critical thinking and challenging the world today. we are pleased to have senator tillis in this event. he have his bio. elected in november. he is the junior senator from north carolina. he is being joined by my boss, the president of the bipartisan senator so join me in clming senator -- in welcoming senator tillis. >> thank you, jason. and welcome to our agenda-setting series. and senator i'm confident you will be one of the most influential members of the class of 2015 and we'll have an opportunity today to talk about your policy and the ideas and commitme

with the oilies and we got it and i take it away from everybody else and bill was furious and george mitchell has furious because i hadn't bounced it off the group because we are voting that night any way and the reason i did it is because the biggest reason we did this on the floor, it was going to pass 20-0, and it was because of the ira's, it was on the other side about more, more and not clampen up on the ira's and that was about a $20 billion pick-up. well, on the senate floor this ira amendment came up and i won it 51-48 and 19 out of the 20 oily senators voted with me and had i not made that deal i would have lost a couple of them and i would have lost ira and that loses the bill. >> senator bradley? >> the reality is that tax reform was failing, until the pac would counter offensive. and it wasn't like this sprung forth from the head of zeus, right. we had had 30 hearings. the substance has been thoroughly chewed over by the committee. it was familiar territory just put together in a different way. >> thank you, mr. chairman. >> thank you. senator sohn. wait a minute. let me see here.

george mitchell was furious because i hadn't bounced this off my little group because it was the night we were voting anyway. the reason i did it was because the biggest issue i was going to face on the floor -- when this came out of committee 20-0 it is going to pass, but there was one issue. it was on the i.r.a.s. there. wasn't a great clamor about tighten up the i.r.a.s. the clamor was on the other side about more more. as you'll see in the listed in my testimony, the i.r.a.s, i recall, was about a $24 billion pick-up. well, in the senate -- on the senate floor this i.r.a. amendment came up. and i won it 51-48. and 19 out of the 20 oilie senators voted with me. had i not made that deal i would have lost a couple of them. had i lost a couple i'd lose i.r.a. and that loses the bill. senator bradley? >> the reality is that tax reform was failing until the packwood counteroffensive. and it wasn't like this just sprung forth from the head of seduce zeus. right? we had had 30 hearings. the substance had been chewed over by the committee so it was familiar territory. it was just put togeth

bill bradley, george mitchell, pat moynihan, jack danforth, john chafee, malcolm wallace and i said would you be willing to meet in my office starting next tuesday at 8:30 to see if we can work out a bill that would be satisfactory to us, and the president? every one of them said yes. and now passed starting that tuesday the most extraordinary experience in my life in politics. we met from tuesday to tuesday, the bill was at -- every morning at 8:30 i'd meet with staff at 7:30, this core group, a cabal as i called it at 8:30 we'd work out what we thought should be in the bill. we had one or two open committee meetings but basically the committee was just marking time waiting for us to finish. and you could tell although the meetings were behind closed doors there's no secrets in this town. and the board was getting out. we were having the meetings but no one exactly knew what it is we were doing. but on the thursday between these two tuesdays, came a phone call that became very important in this whole process, and i will read it to you, because it's from the diary. back again to tax refor

united states senate, senator bob role the late howard baker senator tom daschle and senator george mitchell a personal note i had the pleasure and honor of working with all of those men in my career in the united states senate as a staffer. we are launching this series today at the beginning of the 114th congress. our goal is to explore timely compelling, and impactful issues in policymaking and politics throughout 2015. each event will highlight policymakers in decision it -- in decision-making roles including today those who may have only recently been placed in that role, thinking and innovative manner about how to challenge the country and solve those issues. we are pleased to have senator thom tillis with us for this inaugural event. you have his bio, alexa in november he is the junior senator from north carolina. he is being joined by my boss the president of the bipartisan center, so please join me in welcoming him to the in this discussion. jason? >> thank you very much, build. welcome, all, to the beginning of our agenda setting series. could not be happier to start the series with

mitchell) oh. if i could get everyone to raise their glass as i quote from one of our nation's great fathers-- jefferson. georgerson. "i never dreamed that one of my own "would be going off to a university, "but here i stand, a proud black man, knowing that all those hours i put in at the dry cleaner--" - phil. - not now, weezie. - where was i? - quoting that president. okay, if she's the future of america, we should start using chinese money now. (scoffs) we already are. my arm is tired. to haley. - to haley! - (glasses clink) and before everyone puts their glasses down, uh, uh, we're also very proud of lily. tomorrow is her first day of kindergarten. - to lily. - (gloria) oh, lily. - (phil) to lily. - to lil