we'll ask leading economists mark zandi of moodyseconomy.com and harvard university's ken rogoff. >> paul: while the health care reform debate has mostly been about increasing medical coverage, tonight we shift our focus to medical malpractice and why doctors say this issue deserves more attention. >> there are some real, real opportunities, some real money to be made over the next three to five year time frame. >> susie: tonight's of mutual interest details where this father-son investing team thinks those opportunities are. >> paul: i'm paul kangas. >> susie: and i'm susie gharib. this is "nightly business report" for monday, august 10. "nightly business report" is made possible by: this program was made possible this program was made possible by contributions to your pbs station from viewers like you. thank you. >> susie: good evening, everyone. recession or recovery? that's a key question that fed policymakers will be debating this week. they begin a two-day meeting in washington tomorrow, to decide what's next for the economy and interest rates. many economists have already decl

harvard university ph.d. religioum cum laude. harvard university ph.d. religion. "new york times" magazine. new york book review the "wall street journal" "l.a. times" the washington post. so on.com. three books on white buddhists, recently american jesus, how the son of god became a national icon. red sox die fan and ken u.s. richard plotherow. >> bangor maine 47 years of age. wife na g i sa. jewish. politics independence. wesley 81. london school of economics ms international relations. business week magazine moscow burro chief 4 years. the atlantic contributing editor one year and currently. national journal staff correspondent with five cover stories this year. the french were right kerry is a worldly der the rise of nationalism. rethinking that zionism and going dutch one year the new york and washington post, "los angeles times" contributed to. the real state of the union essays on united states the angry american our commentary on social rage. hobbies, travel in the form of ussr, the mideast and europe. paul, jeffrey sarrabin. >> the statistics that i gave

fred, a lot of people don't realize is a magna kum ladder graduate from harvard university. he went through one of the most painful nasty divorces in his life. while he was out cruising the love beau hehe was in the middle of a terrible divorce. i think his advice is very wise. >> your book is complete with all kinds of detail on all aspects of divorce to the lawyers to the judges. while you have a very strong judgment against adultery, and you have very strong judgment on -- favorably of course, you examount -- exalt love and the love of marriage, you nevertheless give advice to those who might want to take alternate views. you say do not use credit or debit cards to pay for affairs or use cameras with your paramours. phone records tell a story. use a land line or pay phone. the grass is almost never green on the other side. the passion of sex always changes over time. what is exciting with your lover will eventually become quote, unquote the same old thing. if you commit adultery assume you will be caught and be prepared to accept the consequences. you say it is impossible

lawrence summers, a key white house adviser and the abrasive and high-handed former president of harvard university. now reports are that summers has sparked the ire of white house colleagues for grandstanding in self-interests. i heard summers speak at an economic conference in washington some months ago and this gentleman sounds more like an enemy of capitalism. not a hero of it. message to president obama. spark a fall rally in the stock market by declaring it now. ben is in. bernanke gets a second term as fed chairman. so how would wall street react it if obama reappointed bernanke now? let's ask our real deal bulls and bears. our bulls, joe miller, chief strategist at wall street capital, bill smeade, ceo, and jay of alcott capital, and our lone bear, al, assistant labor secretary under president reagan. al, let's start with you because you were a white house aide. you kind of know that type of stuff. what do you think the story is on bernanke and will summers get the bid instead just because he's more friendly with the president? >> it will be a great mistake if he did, i'll tell you that rig

joining us are william julius wilson, professor at harvard university and the author of the new book, "more than just race: being black and poor in the inner city," warren valentine, attorney, author and nationally syndicated radio host, and finally, terrence samuel, deputy editor for "the root," a subsidiary of the "washington post." >> the state of black america is that these are the best of times and the worst of times. i put it that way because we do have this incredible, historical event with the election of barack obama as president, but on the other hand, the recession, the big "r," recession, as i like to call it, has plunged many african-americans deeper into economic misery. >> warren valentine, interestingly enough, the best of times, the worst of times. what do you think about what marc morial just said? >> i agree with marc. i think it is the best of times when you look at it from a political landscape, but it is the worst of times, you know. when america gets a cold, african-americans have pneumonia. and right now, we have pneumonia, swine flu and everything else that's

professor gates harvard university, naacp all would be clobbering him and media pounding away and racist rogue cops and so on and so on and only in this case the media, conservative media saved sergeant crowley and law enforcement-- >> in power, what would you think about-- it was an absolute abuse of power. >> there was no abuse of power whatsoever. >> the guy is in his house and he's being rude to a cop apsond he lures him outside so he can arrest him for domestic disturbance, that's an abuse of power. he did not commit a crime. rude to a cop. >> arrested for disorderly conduct inside your home and you cannot. he asked him to come 0 outside, he was mad for him being rude and calling him a racist, it's fine, being mad, but it's not abuse of power. you're rude to a cop ap and rewarded by a beer at the white house. >> and-- >> real quick, i think there's some juice left in this story. >> well, that's-- >> you took my liep, buddy. that's the headline from the discussion, the story has not been put to bed and the obviously, the media will talk more about it. the big winner is the beer indus

you'll be able to buy a harvard university clothes. they're putting out a line of clothing.is cheaper than the tuition. the shirts are going for $160. the sports coats will cost you $495. that is your business news. live at bloomberg headquarters in new york, i am linda bell. back over to you. have a great weekend. >> thank you. it sounds like everybody is scrambling to earn a dollar. 6:37. 63 degrees. >> we are hearing new details this morning about the capture of the american journalists who were held in north korea. the family members are speaking out on how they are adjusting back home. >> happy friday. currently 64 degrees. it is refreshing. we will talk about the weekend.d gecko: uh, you wanted to see me sir? boss: come on in, i had some other things you can tell people about geico - great claims service and a 97% customer satisfaction rate. show people really trust us. gecko: yeah right, that makes sense. boss: trust is key when talking about geico. you gotta feel it. why don't you and i practice that with a little exercise where i fall backwards and you catch me. gec

dubois professor at harvard university. mr. gates is author of "colored people" coeditor of encarta of africa. he's received many honors including a mcarthur fellow and the national humanities medal. for more information on the author, please go to dubois.fas.harvard.edu. >> george mcgovern, the one-time democratic presidential nominee and former senator from south dakota greets members of congress and signs books at a private home near the u.s. capital building. many of those attending the party got their start in politics during his 1972 campaign. this event is 40 minutes. >> i'm a big fan of lincoln's. you read that book i sent you, lincoln's sword. >> oh, yeah. i quote it in the book. you're responsible for that. >> for that quote? yeah, i think that that book is brilliant. [inaudible conversations] >> welcome, congressman. it's great to see you. >> how you. >> it's a nice place. >> thank you very much. >> bernie robinson. >> okay. now, we got the eleven signed and we got these. >> yeah, that's tom's. >> okay. oh, these are

harvard university which is located in princeton, new jersey, just launched a clothing line called harvardard. the school whose alumni include franklin roosevelt, is now in the clothing business. this is my favorite press of it. the harvard yard collection features american l.a. classics like tailored chief knows, striped blazers, raise coats. knit wear and coats, loavers. and -- >> to you don't get them mixed up with others. >> how much money are you going to spend on this clothing? sounds like it is right up your alley. >> it is the saddest thing i think i have ever seen. talk about destrawing a friend. that harvard, that ended 45 years ago. like it's smart -- smart kids in bangladesh go to harvard now. that harvard is gone and the idea they are trying to make money ton in some sort of harassment that stewart inspired canine line is sad. i would love to know the scratching directer that invented that. >> would you go out with a guy that buys harvard clothes but doesn't go to harvard. >> i epied my clothing and education the old fashioned way, my parents. and hard work and bills and stuff

a professor at harvard university. someone that you know very well from the so-called beer summit. he is professor henry gates and we scored an unexpected exclusive with the professor who was at the center of what became a racial profiling or class dispute with an officer from the cambridge cops. here is professor gates on his bike here on martha's vineyard just a couple of hours ago? >> geraldo: in the aftermath of your personal hurricane, how do you feel? >> i think that the president exhibited particularly brillant leadership by bringing officer crowley and me to the white house and now it is over and time to ruminate. it never was really about me. it is about -- i was in jail for four hours. it is about the people who are in jail for four days or four months or four years or longer. it is about racial profiling. and it is about understanding the role of the police and how important the police are, on the one hand and understanding the perils of racial profiling on the other. in fact, if i was to take a documentary, an even handed documentary, there would be half from the police

[ laughter ] she's like, "yeah, i'm sure." [ laughter ] harvard university is launching a clothing line called harvard yard, based on classic ivy league style. of course the clothes are really hard to get into. [ laughter ] unless your father wears them first. [ laughter and applause ] the clothes -- they come in three sizes. minimus, medius and maximus. [ laughter ] that's a little latin humor for you guys. a teacher in malaysia forced a student to smoke 42 cigarettes in four hours as punishment after finding a cigarette in his locker. the student said, "hey, you know, i'm hiding weed and beer in here, too, right?" [ laughter ] should be punished. finally, kate gosselin will be on the "today" show, monday, for her first tv interview since the separation. meanwhile, jon gosselin wants to give his first interview on "wife swap." so, that should be great. [ laughter ] ladies and gentlemen, we have a great show tonight. give it up for the roots! ♪ [ cheers and applause ] all right, everybody. we got a great show tonight. great show. i just want to remind you, we're doing this contest. we'r

the recent racially charged incident in cambridge, massachusetts, which an african-american harvard university professor louis gates was charged with disorderly conduct. coming up at 6:00, you will hear what the prince william county police chief has to say about that comparison. pat? >> chris gordon, thank you. two alexandria police officers are said to be at the center of a sexual misconduct investigation. sources tell news4 the police department is conducting an internal probe following claims of bad behavior against the officers. sources say the claims are sexual in nature. the police department isn't talking about the specifics of the investigation. this comes on the heels of a tough month for alexandria police. chief david baker resigned after his arrest on duiha irgesifn july the following week an officer was arrested for handing out handicapped parking tags to people not physically challenged. >>> maryland's historic governor's mansion keeps getting greener. the landmark will soon use solar panels. this is an effort for the governor and first lady to make the mansion more eco-friendly.

he wanted the library on the banks of the charles, harvard university, across from the charles right where the harvard business school is now, and this went into about a ten-year struggle with people in cambridge. they thought there would be too many tourists, too much traffic, maybe it might not be academic enough. finally it was teddy and his siblings and jackie kennedy onassis by then who said, all right, let's give this all up. let's put the library in dorchester. that's where rose kennedy came from, and also it's in a distressed area and maybe the library will improve the neighborhood, and you can't see it today, david, but if you look around here, as i say, i was here 30 years ago on the day this library was dedicated. it was almost a slum. now it is extremely nice and that part of it really worked. >> and we still have with us neil watching this. your a boston man, neil. the people are clapping. what is your reaction to how the folks you know better than anybody right now on this panel are reacting to this american icon? >> well, i think it's interesting, tamron. ted kennedy ha

the county's successes has been published in this new book published by harvard university. >> what ourmployers are able do. if you have high expectations you actually lead for equity. i don't led race or socio-economics become an excuse. >> reporter: that's why the superintendent says his new aim is to have every montgomery county college graduate-ready. >> that's a great goal. >> i think that's excellent. i think that's a wonderful goal. i definitely want my son in college. i have one daughter already at college. and it's a wonderful goal. >> does the idea of going college you say it frightens you some to think about it? >> well, not frighten me but it leaves me kind of nervous. >> reporter: sophomore andrew is the first generation american nine years in the country, and english is his second language. he's among the 20% of latinos and the 60% of minorities who are in the montgomery county school system. >> we found out that we can get them college-ready regardless of their backgrounds and regardless of some of the impacting circumstances and now we have a college graduation rate twic

ken is a professor of public policy and economics at harvard university. steven moor is an editorial writer with the "wall street journal" and douglas is the president of dhe consulting and a foreman economic adviser to john mccain. who better to talk about this? thank you for being with us. steven, let's start with you. you're generally not that bearish about things, but you don't think is economy -- you don't think we should have a discussion about who should take credit. you don't think it's all that good. >> we certainly have lowered our standards when we say a loss of a quarter million jobs is good news. we still have 15 million unemployed americans, our unemployment rate is as high as in 50 years practically. there are some signs of a modest expansion, about the i'm still worried about this. i don't think the worst is over. >> douglas, what do you think about what's going on? >> i think steve has an element of truth there. this job reports is not as strong. most of the decline comes from the labor force participation rate going down. people being dis

office, various different kennedy locations, the jfk federal building and government center, but harvard university had a dramatic impact from generations of the kennedys. mit, all of them have always had tremendous impact from the kennedy family. fenway park, the oldest baseball stadium in the country, was essentially inaugurated by ted kennedy's grandfather. it is a city, it is a state that at least for these moments is well justified in recognizing the tremendous impact that the kennedys have had. it is hard to quantify because the list goes on seemingly forever. shepard: thanks. major garrett with us as well, and i know the president wanted to visit senator kennedy, but it just was not to be in his advanced stages of cancer as the fight was ending, but it is safe to say that somewhere within the kennedy dynasty, they are now working on what we do going forward and who remains involved and who does not. >> that is right. barack obama joined the kennedy story late in senator kennedy's life, but senator kennedy joined barack obama pose a political journey very early in its life and was absolutely

joining me is a visiting scholar at harvard university along with roger altman, former deputy secretary under president clinton. welcome back to closing bell." >> thank you. >> marlin, what do you think about the reappointment of ber nan ski. >> i don't think this is change we can believe in to coin a phrase. bernanke was part of the greenspan federal reserve when they inflated the economy in 2004. he's been heading an organization that is now has lower esteem in the public eye than the irs. we've seen a comprehensive regulatory failure and i don't think looking forward, a, i don't think the job is doable by a human being. and to the degree that anybody could do it, i don't think this is the man to do it. it would be like ge being run by a strategy professor instead of jack. >> what do you think, roger? >> i disagree across the board, maria. it seems to me that since the financial crisis erupted, the federal reserve under mr. bernanke's leadership has acted boldly, creatively, and effectively. and done really quite a heroic job in stabing off a near meltdown which we all saw and in stee

ken rogott is from harvard university, stephen moore an editorial writer with "wall street journal" anduglas is a former economic advisor to john mccain. who better to talk about this than these three gentlemen? stephen, you are generally not that bearish about things, but you don't think we should have a discussion about who should take credit you don't think it's all that good. >> we certainly lowered our standards when we say a loss of 250,000 jacobs is good news. unemployment is as high as it's been in practically 50 years. there is modest expansion, and i'm still worried about this and i don't think the worst is necessarily over. >> douglas, what do you think is going on? >> steve's got an element of truth there. this jobs report is not as strong as it might appear first blush. people being discouraged leaving the labor market. i think we shouldn't expect much in the second hatch of 2009. it's going to be 2010 before we see real growth. >> you see something going on in the future. you just don't think it's happening right now. ken, what is your view of what's going on right now and

to universities and that is something that can out of the harvard social hierarchy >> host: that is still part of it you have to ask someone to be their friend so you have to sort of apply -- >> guest: you have to apply to be someone's friend. >> host: exactly. will it has been a delightful conversation. >> guest: it has been. this is awesome. hopefully we are going to hang out now because i loved your work as well. >> host: we will go to a casino. >> guest: go to a casino and make some money. thank you. ..

first interviewed sara lawrence-lightfoot a generation ago, when she was a young professor at harvard university. even then she was talking about life as a continuing course in adult education. >> schooling is what happens inside the walls of a school; some of it is educational. education happens everywhere. >> moyers: sara lawrence- lightfoot has now been on the harvard faculty for 37 years. upon her retirement, she will become the first african- american woman in the history of that university to have an endowed professorship named in her honor. among her nine books, this is one of my favorites, "balm in gilead," about her mother, dr. margaret lawrence, the pioneering child psychiatrist. sara lawrence-lightfoot, welcome to the journal. >> wonderful to be here. >> moyers: how time flies. >> yes. that's true. >> moyers: i can't believe it's been over 21 years since i did last interview you. you were writing then about your mother, who is now how old? >> 94 years old. >> moyers: and here you are, writing now, about aging. what are you trying to tell me? >> well, what happened was several years ag

to university so that is something that can out of the harvard thing. >> host: you have to ask someone to be your friend so you have to sort of the plight. >> guest: dead and apply. >> host: exactly. well it's been a delightful conversation. >> guest: it has been. hopefully we are going to hang out now because i love your work as well. >> host: we will go to a casino. >> guest: go to a casino and make some money. here's a look look at upcoming book fairs and festivals the next few months. >>> peter nelson documents the 369th infantry regiment the first african-american regiment that fought in world war i. the soldiers recruited from harlem known as the harlem hell fighters fought alongside the french do to american segregation. they also spend more days in the trenches than any other american soldiers human bookstore in new york city hosts this event. it is one hour and 15 minutes. [applause] >> thank you. so, the plan is i am going to show you some pic

ted was born into a famous well to do family in boston, he attended private schools and harvard university, was politically liberal, and liberal in his lifestyle, at least until he married vicky. who set him straight, by the way. i grew up poor in a working class family in pittsburgh, pennsylvania. i attended public school. and the harvard of utah, byu -- that should get a bigger laugh than that. i was laughing at it, i'll tell you that. great school, however. while ted often played the role of the irish man, i was the tea totalli inling mormon bishop. and he was so proud to discover i'm also irish. we were able to work out a lot of things together. and that was due in large part to teddy's willingness to work with those who share his goals even if they had different ideas on how to reach those goals. one of the defining moments came when i met two families from utah. the parents of these families were humbled and hard working, they were prudent, they were frugal, and they were able to provide food and shelter for their children, but the one necessity they couldn't afford was health insura

exchanged and before too long other officers arrived, sergeant crowley even called for the harvard university police to come to certify who was the occupant of this house. and the next thing you know, they felt that mr. gates, dr. gates, had disturbed the peace and he's in handcuffs. interesting the picture of him in handcuffs shows a black officer in front of him and a hispanic officer there and the charges are dismissed the next day. i read it in my newspaper the next day, it looked just like this short story. but in this 24-hour news environment we're in, it went viral within about 24 hours. it's all over the country, all over the world. then it becomes a federal case when the president feels obliged to say something about it. the president said let this be an opportunity to have teaching done. >> larry: he said it was stupid. >> he said it was stupidity on part of the police force and pulled that back the next day. but then in the next day he said let's make this an opportunity to teach and learn. here's what i get out of it. the two women did what they were supposed to do, sergeant crowl

and jeff myron, director of undergraduate economic studies at harvard university and senior fellow at, gentlemen, nice to have you here. john, let me start with you. you do think that perhaps this was the appropriate way to stem the blood not only on wall street but on main street. >> i had an unusual -- economists at merrill, and i sat on the floor while we basically watched all these grenades go off all over the financial market. >> last september. >> last september. and it was just tremendous wounds being inflicted in everything from commercial paper to repo to the municipal bond market to the credit market to every form of collateral. it was unbelievable. it led to the nastiest recession since 1948. >> so you can definitely tie that -- because some people are saying you can't tie that to the recession that's followed. >> no, we just basically shut down the avenues of credit throughout the economy, and without some kind of temporary boost there would be no way to get a loan. i did some numbers. we actually were on your show back in december. we ran some numbers, and we looked at th

a university like john hopkins, harvard university and also mayo clinic and building this up in the socialusiness. and we are creating small help management centers where our focus is on the -- on keeping the healthy people healthy. that's our main focus. so that wellness becomes an important element of this health business and then how to keep healthy people healthy and then detect early stage, any deviation from health. so early detention and early treatment. and since we cannot keep the doctors in the villages because doctors everywhere want to live in the metropolitan city, which i don't fault them for that, but we have to find a way how to bring the health service. today, technology is available for us. that we can do that because of the availability of internet. and availability of a huge platform of mobile phones. everywhere in the world today, it's a common thing and everybody carries in their pocket, in their -- whatever way they can carry a mobile phone. and mobile phone is also an internet vehicle. it carries the internet facility. what we are trying to do is build diagnostics,

it was originally supposed to be in cambridge at the harvard university campus. ted was involved very early on in that and in shepherding those plans through and the creation of that library. there's so many points along this route that have enormous significance for him and for the public in massachusetts. >> as we see live pictures of this as it goes from hyannis port on the cape to boston, jane -- >> yes. >> jane, let's talk about the route and the distance to boston and how important it was for him to touch base with his roots there in massachusetts. he was a staffer in washington, but you know that massachusetts really defined who ted kennedy was. >> oh, absolutely. i mean, his long-time aid barbara was his state director for decades, and it was clear when you worked for ted kennedy in washington that you had to listen to people in massachusetts. he cared deeply about the other 49 states, but if you weren't connected with people on every issue in massachusetts, in his mind you were not doing your job. the people in massachusetts were his family, and he felt

covered the press for the "new york times", now director of press politics and public policy at harvard university welcome. >> thank you, good to be here. >> brown: you begin the book with a personaler to about an experience you had of getting the story. >> i wanted to start the book by trying to help people understand what journalism feels like, people who are not journalists themselves. and i tell about the best moment that i had as a journalist, which was in louisville, ke. in a hotel room in the middle of the night with cigarettes and old ice tea glasses, i had gone there for the "new york times" to do a story on the bingham family, a family that owned newspapers, a very famous newspaper, the courier journal, and had basically fallen apart. i had gone there as the media report information the "new york times" to tell the story, which was a business story in one sense, but in much more profound way, a very human story, a family story, a newspaper story. and i got lucky, because i was able to interview members of the family and i was able to get that gold of journalistic reporting, which is to g

she received her master's in government from harvard university, in 1945, and, she earned a jd, juris doctor from washington university law scene 1978 and 2008 he was awarded an honorary doctor of humane letters we washington university of st. louis. she and her late husband of 44 years, are the parents of six children, and 14 grandchildren. and in 1992, mrs. slavly was named illinois mother of the year. she was named one of the ten most admired women in the world. in a good housekeeping poll. and the world almanac named her one of the 25 most influential women in america. mrs. schlafly will celebrate her 85th birthday this week and continues to be a tremendous force for the conservative movement. [applause]. >> let me finish with a quote about mrs. schlafly from george guild are in his book, men and marriage. quote: when the histories of this era are seriously written, phyllis schlafly will take her place among the tiny number of leaders who made a decisive and permanent difference. she changed the political landscape of her country. and now, it is my pleasure to present phyllis schl

harvard at a special convocation. [applause] i am moved and deeply grateful to my university. it was exactly 100 years ago, this september, that my father entered harvard college as a freshman to be followed in the next generation by jack, joe, and bobby, and then by me. at home, here at harvard, which became a second home, i learned to price history, play football, and to believe in public service. it was long ago but i see it now as fresh as you'd and yesterday and i hope that in all the time since then, i have lived up to the chance that harvard gave to me. and along the way, i have also learned lessons in the school of life. that we should take yourself seriously but never take others too seriously. that political differences may make us opponents but should never make us enemies. that battles rage and then quiet. of all, i have seen, throughout my life, how we, as a people, can rise to a challenge, embrace change, and renew our destiny. so there is no other time when i would rather receive this honor then this year, at this turning point in american history. [applause] jus

harvard university is teaming up with clothing manufacturer wear wolf group to develop a new men's wear called harvard yard. >> they lost a billion dollars when larry summers forgot to unwind that foot. >> extraordinary times call for the measures. >> it's a big fashion statement this fall that would be plaid. maybe they are time together right. >> looking like the lumberjacks, but this goes beyond the hoodies. >> the men's wear. >> the real clothing you wear. >> is harvard enough of a brand? >> that's a place to start. >> not if you went to yale. >> the markets will continue and one of the interesting wrinkles has been the strength of the dollar and the rise of short-term yield along the curve. the flattening usually curves long rates and the stocks are up. >> you know what else is up? a little birdie said today is your birthday. >> yes, it is. >> you are so smooth and never get rattled. >> this was what i get for registering on facebook. as of today. >> happy birthday. >> that's "power lunch". "street signs" with erin burnett begins in 30 seconds. good-bye. >> this morning's jobs repo

he attended private schools and harvard university, politically liberal and liberal in his life stylefamily in pittsburgh, pennsylvania. i was laughing at that. great school. while ted often played the role of the affable irishman, i was the teetotaling mormon bishop. he was so proud one day to discover that i am also scotched irish. yet despite our differences, we were able to work out a lot of things together. that was due in large part to teddy's willingness to recognize and work with those who shared his goals, even if they had different ideas of how to reach those goals. one of the defining moments as a senator came when i met two families from utah. the parents of these families were humble and hard-working. there were prudent and frugal. they were able to provide food and shelter for their children. the one necessity they cannot afford was health insurance. this is what inspired me to get my work in ted in creating the schip program, which continues to provide health care and coverage for millions of children throughout the world. [applause] and which passed with bipartisan sup

here to explain why, martin feldstein, professor economics at harvard university. professor, why would it lead to rationing? >> because that's what the administration's strategy is. they've said that they're going to cut the projected rate of growth health care spending by 30% over the next two decades. that came from a white house study released in june. and the way they're going to do that is by setting rules for doctors and hospitals, what they call cost effective forms of treatment. and that will limit the kinds of things that can be done. >> and we don't have rationing now? >> we have some of it, but this is -- >> we've got it now. come on. you have profit motivated bureaucrats making rationing decisions. >> but i can talk to my doctor. i can talk to my hospital and say, should we do this or not do that. >> right. >> and people with insurance today have those kinds of options. >> and then the insurance company then has the final say on whether it actually happens, right, rationing the gift. >> they turn down very, very few things. and again, it is not the gove

he went to harvard university and had an outstanding world- class education and decided it was time tospend a little time in the rest of the world. after having a little time in australia and other places, he decided it was time to come home and started this wonderful foundation to provide college funds for, again, inner-city kids. his focus on kids being college ready goes way back for him. it is a laser beam approach for that effort. i had the pleasure spending a short time close to him when i was chief ability -- chief accountability officer in chicago. although it did not afford us enough time to -- although it was not a long time, it did afforested of judges sit and chat with each other. i regret not having spent more time with him. all over the city, even before he became ceo, you started to hear about this outstanding leader. at least half a dozen times mayor daley mentioned what an outstanding educator he was. i did not know that he would be our next ceo in chicago. in 2001, he was elected by the mayor and had 7.5 wonderful years in chicago where all the indicators went up, up,

in companies here, universities like every, the university of pennsylvania, johns hopkins, harvard university the mayo clinic, trying to build pieces together, on the basis of social business. we are creating small held management centers, we are focused on keeping healthy people healthy. that is the main focus, so that awareness becomes an important element of this health business, and how to make healthy people healthy and detect an early stage any deviation from that. early detection and early treatment. since we cannot keep the doctors in the villages because doctors everywhere want to live in the metropolitan city which i don't fault them for, we have to find a way, how to bring the health service, technology is available for us. if we can do that because of the availability of the internet and the availability of a huge platform of mobile phones, everywhere in the world today, a common thing. everybody has these in their pocket or whatever way, they have mobile phones. immobile phone is also an internet pay phone. what we are trying to do is build diagnostics, tools, so that at the vill

at harvard university in 1972. please welcome dr. peter dixon.eding charts and so and so but we are going to have to have a powerpoint. have we got a powerpoint? is anything happening? oh, okay. can these people see, too? [inaudible conversations] >> we will post this on line, too. >> okay. all right, so if you want to see if he will have to change to the other side of the room i think. okay, now, in 2005 there were about seven wind 4 million unauthorized workers in the american u.s. work force, and under business as usual assumptions, that will grow to about 12.4 million by the year 2019. so, this poses some policy issues. what should be done about it? so, we use our economic model to look at three possibilities. the first is tighter border security. we will restrict supply, build higher. the second is tighter internal enforcement. and the third possibility is some form of legalization, some sort of guest worker program and we are going to get those three possibilities. so, we start with tighter border security. and the experiment we've run and

he received her master's in government from harvard university in 1945 as hearing a jd interest dr. from her washington university law school in 1978. in 2008 to was awarded an honorary doctor of humane letters by washington university as a loess. she and her late husband of 44 years of the parents of six children and 14 grandchildren and in 1992 mrs. schlafly was named illinois mother of the year. the u.s. named one of the 10 most admired women in the world in a good housekeeping paul and the world almanac major one of the 25 most influential women in america. mrs. schlafly will celebrate her 85th birthday this week and continues to be a tremendous force for the conservative movement. [applause] let me finish with a quota about mrs. schlafly, economist george gilder in his book, men and marriage: quote, when in the history of this era are seriously written, phyllis schlafly will take her place them on a tiny number of leaders who made a decisive and permanent difference. if she changed the political landscape of her country. and now it is my pleasure to present phyllis schlafly with

harvard law school where he has taught the last 16 years. from 1971 to '75, he was the chief counsel for the fda. mr. hutt is a graduate of yale university and harvard law school with a master of law degree in food and drug law from nyu school of law. mr. hutt, welcome to the committee. please proceed. >> thank you, mr. chairman. i appear before you today at the invitation of the committee to present my own personal views on section 521 of the federal food, drug and cosmetic act which provides for national uniformity in the regulation of medical devices. section 521 was enacted, of course, as part of the medical device amendment of 1976. as i relayed in think prepared statement, the medical device amendments of 1976 and specifically section 721 were enacted or developed during my tenure as chief counsel for fda, and i was deeply involved in their development. the medical device bills that were forwarded to congress by president nixon in 1971 and 1973 contained no provision that related to the effect of the law or proposed law on state law. in august 1973, however, representative paul g. rogers, democratic member of congress from florida,

now you are a very smart audience and i've been to a lot of smart places, harvard, washington university, university of michigan, medical school, university of virginia law school, lots of places. and what i learned is that very few americans have a good sense for trillion. so i'm going to give you a sense of how big a trillion is. how long ago was a million seconds? anyone know? last week, it's about 11 days ago, a billion seconds ago, roundabout when richard nixon resigned the white house, a trillion seconds ago, 30,000b.c., that's 15,000 years before any human being stepped foot in the north american continent and we're spending two of those each year, just an astounding number, you can't even get your head around it. we're talking and we're worried about china and the chinese economy and the fact that they might overtake the united states as the next superpower. we spend on health care, almost the entire chinese gdp. their gdp is $2.5 trillion. we're spending $2.25 trillion on health care. it's how much it's growing. since 2000, health care premiums on insurance have gone up 75%, dou

project implicit, harvard university, it tells us a lot about what was going on in his mind.much as that history should have set the stage for the officer, it is should have better informed professor gates who said he is surprised that this happened. had you called me and said that michael dyson was getting out with the police, i would have said, "wright." [laughter] >> abso-damn-lutely. >> win a professor gates well enough. i just really want to tell him, president obama and professor gates, [unintelligible] [laughter] we are giving you all the best we have on the embrace and a love of white people. it is like the very best we have, both intellectually, personally, and the sense of wanting to bridge the socially, personally, and intellectually. if they get labeled as militant or radicals or racists, there is no hope. >> like michael jackson. >> on the streets, but what i note though, i knew my role than. if that is what you think, "yes, sir." i am raising a finger at him. not the first to, not the last two. you have to tell your kids not to behave like professor gates. you d

arab-israeli peace and the egyptian peace movement and has been a senior research fellow at harvard universityand a visiting fellow at the brookings -- fidgeting -- among many other positions. he is visiting us from cairo on the eve of president mubarak's meeting with the president on monday. we are very lucky to have him here with us. before we begin, a few housekeeping matters. on august 18th, we are hosting mr. holderman, who will be discussing a report on tensions between kurdistan and the iraqi government. iraq and the kurds, trouble along the trigger line, came out last month and provides excellent analysis of what he believes the new territorial and political and economic fault lines are in iraq. on wednesday, august 19th, our pakistan study center is hosting a discussion about development challenges in pakistan with the former head of the university. i hope you can make those talks next week. please join me in welcoming dr. abdel moneim said. [applause] >> thank you very much. thank you all for coming this afternoon. i have the most impossible mission here, to tell you what will happen

university. he then went to harvard law school where he was head of law review. you don't get that by affirmative action. let me tell you, you have got to be really good. he taught at the university of chicago, where i taught for most of my life and i can assure you only geniuses are on the faculty there. [laughter] just having fun but this man is really cool. not only that, if you look at his family, you look at michelle obama. she is not only gorgeous, she is the professional in the first order. this is ozzie and harriet on steroids. if you went to central casting and try to find an american hero, barack obama would be at the top of the list. this has nothing to do with barack obama as a person. i am literally very impressed by this man. my view, and i shared with my co-authors, i think he is wrong on every single issue and it is not because he is not a good guy. he is a good guy but my view is ultimately economics will take over and i'm going to give you one example today. there are lots of examples that the one i want to do with you is simply to look at the ap