georgepete: and work talking wie former secretaries george schultz, issues on my mind. mr. secretary, what was your favorite job you ever had. george: recent job, job in place something that you have to do in order to get some money. if you say that i never had a job in my life. i've always done things that i have found rewarding and interesting. if i want of doing something that wasn't that i would find something else to do. but in government, is a great privilege and an opportunity to serve. and i had a succession of jobs and all of them other tough moments but they were rewarding. starting with my two and half years overseas in the united states marine corps in world war ii. and i was, fighting for my country. and it was victorious. he didn't much to do with it but i was one person. i served in the eisenhower administration as counsel and economic advisers. it was a great privilege and i remember going down to my office, it was in this big office building right next to the white house. part of the allstate building anyway, i had an office with a window that looked out on

cities all the curfew violent protests over the death of george schultz or attend some angry scenes across the country as protesters clashed with police and monopolists police using tear gas and rubber bullets on those breaking a nighttime curfew. also coming up never good seeing the.

the state of israel so this was never explicitly stated it was enough for us secretary of state george schultz to ask a swedish counterpart stone anderson to convey a letter to the p.l.o. . the message was that if you declare the following points in public. chief among just which was the identity issue of terrorism then the united states would be prepared to equalize the palestinian liberation organization and establish a dialogue with it. the general assembly of the united nations was preparing to convene in new york yasser arafat was scheduled to give a speech what he did not count on was america's refusal to grant him an entry visa . in an unprecedented move the general assembly moved its meeting to its headquarters in switzerland. and i thought delivered his speech and waited to reap the diplomatic route which he believed that by implicitly recognizing israel and renouncing armed struggle he had met americas conditions to open a dialogue with the piano or i don't know many 8 by ones or declare. and many enough that i can get is yes get in it. but the americans did not hear the terminology

with this you know this problem was negotiate all this is not something that just russians see george schultz william perry former u.s. defense secretary and sam nunn they wrote several articles arguing for the present nation of the riemann and they all 3 of them said all 3 of them wrote that this problem was negotiated with russia it could be a sort. but visit drawn by the barrow are held down on destroying all the arms control so i unfortunately you know the e.u. says that they are against it but we know from the experience with the i am there that the e.u. may. object in the beginning and them don't really know and the. president broke germany in the beginning there and then there was a communique ever on the foreign ministers obey your subordinate them arrogant position all night and that i'm afraid the same story make up until that opens. you know alex and i am i buying this are very tragic but again all very predictable john bolton isn't in the white house but bolton is and remains when what is this mantra to dismantle all arms control because. all of us are more or less the same age on

even with this you know this problem was negotiate this is not something that just russians see george schultz william perry former u.s. defense secretary and sam nunn they wrote several articles argument for the present nation and they remain and they all 3 of them said all 3 of them are all that this program was negotiated with russia it could be assault but obviously drawn by the pump there are hell bound on destroying all the arms control so i unfortunately you know the e.u. says that they're against him but we know from the experience with the eye and there that the e.u. mate. may object in the beginning and them don't really know and i think the president from germany at the beginning and then there was a can communicate from the foreign minister somebody you're supporting them and you can position all night in that i'm afraid the same story make up until that opens. you know it's a i think there's a very tragic but again all very predictable john bolton isn't in the white house that bolton is and remains when what is this mantra to dismantle on control because . all of us are more or le

bush administration john hugh and up first 2013 interview with george schultz, he talks about his book, issues on my mind. >> in the measures onio mind you talk when it comes to terrorism, we must think of moral involved if we must think of way of life, we must be willing to defend them. means of more active defense and deterrence must be considered given the political support. >> if you have a law enforcement approach, you say, okay, let a terrorist act happen, then we find out who did it and we try them in the u.s. courts and end lease appeal they go to jail. well, what does that accomplish? a certain deterrence but in the meantime terrorist act is taking place and terrorist act like 9/11 can kill a lot of people. if you know something is coming at you, stop it from happening. in other words, prevention. i think when i first said that in 1984 it was controversial but after 9/11 people said, of course, we should be trying to stop that from happening and so trying to prevent things is very important and we do it a great deal in the country. i think there's been lots of terrorists acts

as george schultz used to say, the only difference between democrats and republicans when it comes to spending money in congress democrats enjoy it more but both do it we'll have to see if we can rein it back in. >> i wanted to ask you more about how the difference phases are working in texas, we'll discuss that another day thank you for joining me today be safe. carl back to you. >> rick, thank you >>> dow is down 300 back to session lows when we come back, california's attorney general on the state's reopening strategy and, of erurse, all the news surrounding ub, lyft, tesla and more don't go away. usiness. when you've got public clouds, and private clouds, and hybrid clouds- things can get a bit cloudy for you. but now, there's the dell technologies cloud, powered by vmware. a single hub for a consistent operating experience across all your clouds. that should clear things up. woi felt completely helpless.hed online. my entire career and business were in jeopardy. i called reputation defender. vo: take control of your online reputation. get your free reputation report card at reput

serve in government at different times in my career the model would have been cyrus vance or george schultz. part was growing up in washington, d.c. not in the middle of all that, but on the outside looking in i definitely picked up and i did major in politics ultimately and i picked up that idea and i strongly wanted to do public service. my dad had done public service in the war and then he was a u.s. attorney and law clerk and wanted to serve again and couldn't while i was at princeton he had to turn down a job in administration because he had six children's tuition to pay. that made me want to do public service even more. >> i want to start with a few general questions about the fed and get more down to some of the specific things you've been dealing with at a general level, strange as it may seem to those in the financial world, not every american spends every minute of every day thinking about the federal reserve. so could you maybe start us off by talking a little bit about where and how you see the fed fitting in in the more general scheme of government and while you're doing that m