wasbruary 2007 appointed president of one of the most proceeded just -- aestigious awards, being harvard university leader. she let it for a decade tackling for issues like raising record-breaking amount of capital all wall fighting to prove an ivy league education is still worth the rapid cost. as she passes the torch, she opened up about her most recent and next chapter. >> you have been president for 10 years and this is your last year. how do you feel? is it bittersweet? drew: i feel good about it. i think that jobs like a presidency have a certain rhythm. you move through an agenda and accomplish things and work together with people. it is good to have fresh eyes and somebody with another agenda, carrying -- you hope -- carrying your agenda forward, but nevertheless bringing new skills and new approaches and energies to it, so i feel terrific about what we have been able to accomplish. emily: you were the first woman president of harvard. when you took over, emitted made it a point to say, i am a of harvard, not the first woman president. why was it important for you to say what you said? drew

most prestigious and storied institutions in the world, becoming the first woman president of harvard university. a civil war historian and author, faust led the university for a decade, tackling thorny issues like immigration and same-sex social clubs and raising record amounts of capital, all while fighting to prove that an ivy league education is worth the rapidly rising costs. as she passes the torch to her successor, faust opened up about her most recent and next chapter. joining me today on "bloomberg studio 1.0," outgoing harvard president, drew faust. you have been president for 10 years and this is your last year. how do you feel? is it bittersweet? drew: i feel good about it. i think that jobs like a presidency have a certain rhythm. you move through an agenda and accomplish things and work together with people. it is good to have fresh eyes and somebody with another agenda, carrying -- you hope -- carrying your agenda forward, but nevertheless bringing new skills and new approaches and energies to it, so i feel terrific about what we have been able to accomplish. emily: you were the f

harvard university does receive federal funding as do many colleges and universities in the country.nt that those colleges and universities avoid discriminating on the basis of race. sola done: --soledad: now the question that's been asked is in fact are asians disadvantaged when it comes to getting into harvard university. is the simple answer to that "y. katherine: -- i think the answer is yes they are. but i don't think that it's a very simple answer. i thinatnt of taking intcoe's backgrounds. and that could be all kinds of different backgrounds whether it's racial, ethnic, class or the opportunities that one has had, the hardships that one has had to overcome. soledad: many colleges won't talk about quotas but they will talk about this sense of trying to can read -- create a community which means we need x number of ballet dancers, x number of football players, x number of people from these areas and this area and that allows themty t are not just what we look at. is that going to be a challenging legal argument? jeannie: well, so the word quotas is a very vexed word. it is word

harvard. of the about being part university over a long serd of time. of time. g period and living a life where i came oll realize the wonder of education, and opening minds and ontributing to the growth and flourishing of individual talent. and thinking about universities places where people pursue ruth and challenge accepted wisdom, and devote themselves to learning and scholarship. had come to believe that the most es are among important institutions in our society, and i began to be to take on leadership from penn to e harvard to be the head of the rech which issate institute of study, which had been made a part of harvard from there i d wept on to become president. >> does being the first woman part of it. the woman part of the equation, come within extra pressure or sense of responsibility? me. lot of eyes were on and would i be able to do it. nd what would that say about women generally, but could a woman do this job. would have young women beaming at me. people i didn't know just would the biggest smiles as if to sigh "you go girl, it's for throughout i

at harvard university and the social sciences research council. this evening, rachel devlin will discuss her latest work, "a girl stands at the door". the generation of young women who desegregated america's schools. this illustrates external bravery of young african-american woman who made racial integration in schools a political priority and imaginable reality. please join me in welcoming, rachel devlin, to both support and the pratt library. [applause] >> thank you. it is great to be here. i've been looking through the volumes in the back and all my favorite books are here and books that i used for this research. it is very exciting to be speaking among them. "a girl stands at the door" is a retelling of brown versus board of education. it is a retelling that situates the story with the young girls and women who were plaintiffs in desegregation lawsuits in the late 1940s and leading up through brown versus board and by telling the stories of the young woman who volunteered to desegregate the schools, especially in the deep south. these young w

so for instance, my home university, my home university is harvard university, derek boch, wonderful educator. derek boch, a quarter century ago was very insistent that harvard university be under the same rules as a public university. i disagreed with his 25 years ago and i disagree with him today. i don't think that public universities should necessarily be under the same federal constitution requirements as public universities. why do i say that? i say that because of my commitment to pluralism. the system that we have in the united states, we have public institutions, we have private institutions. i think public institutions should definitely be -- i'm all for a thorough going kplicommit to first amendment values and want them to be wide open. on the other hand, this is a huge country. 300 million people occupying a huge land mass. people have all sorts of different beliefs. i think for instance let's imagine a small -- that people want to gather together and have a university that is devoted to -- i don't know -- communism. we're going to have lennon university. and at lennon un

harvard denies the accusation. the universityes argue that race should not be excluded from the admissions process because it's important to have a diverse student body. jonathan hunt has this. hello, jonathan. >> hey, shep. the universities argue this is a first amendment issue. their admissions decisions are protects because they are "essentially educational judgments." they say the universities have to be allowed to exercise their judgment and use their expertise on how to set criteria for student admissions and how to encourage the kind of diversity that they believe will best enhance their institution and help students to have a rounded experience. now in the brief filed by all of the ivy league colleges along with others including george washington, johns hopkins and stanford, the schools write it would be an extraordinairy infringement to decree that universities of higher education cannot consider race at all in seeking to obtain that diversity. what this boils down to, shep, the argument that nobody should tell harvard t

sinclair lewis, marshal, outlining the marshal plan at harvard university.great bulk of literary presentation that evening was an unpublished work by ernst hummingway, originally they were going to do killers which would have been a terrible choice but it was a presentation that eventually became islands in the stream and published in 1970. a select few after the evening was over were invited up to the yellow room in the private residence. william stiren provided interesting insights into the evening said that -- recounts how when a social aide came up to him to say that the president would like you and mrs. stiren to come to the residence he said that -- [laughter] >> the train is passing. he said -- i knew it. he's after my wife. [laughter] >> well, as it turns out they had a great evening and made plans for sailing with the kennedys in a couple of months. robert frost was there and diane was there. it was a select group of about a dozen people. so i will be glad to talk more about the people that were there and the interactions, relationships which are re

the iquestion that's been as in fact are asians disadvantaged when it comes to getting into harvard universityhat question, "yes, yes they are.".n jeanni i think the answer isey yes thre. but i don't think that it's a very simple answer.in k that when you have a value of diversity, then you have to have some amount of taking into account of people's backgrounds. and that cou be all kinds of different backgrounds whether it's racial, ethnic, class or the opportunities that one has had, the hardships that one has had to overcome. soledad:' many college't talk about quotas but they will to can read -- create a community which means we need x number of llet dancers, x number of football players, x number of people from these areas and this area and that allows themo the variabili say sat scores and test gradeswe are not just what ook at. is that going to be a challenging legal argument? jeannie: well, so the word quotas is a very vexed word. it is word that is forbidden, a concept that is forbidden, because of a supreme court case from the970's that forbade schools to take into account race in the

jeff sessions of twenty four guidance documents many involving race in schools and i comes as harvard university is facing a discrimination lawsuit alleging it limits admissions for asian americans. the federal guidance that had been issued during the obama era was an important tool for colleges and universities that were trying to do the right thing and were trying to revise modify and institue admissions policies that. were mindful of the supreme court's ruling in fisher and at the end of the day helped to achieve diversity on their campus it sends the message that the federal government doesn't believe in racial diversity and we run the risk that we may see school officials going back to the drawing board revising their policies and changing their approach in ways that can be really harmful to us is a country. many unions in the u.s. are expecting their income to go down drastically as a result of the u.s. supreme court decision it ruled the public sector unions can no longer collect fees from workers who choose not to join but the country's largest teachers' union say this won't stop them fr

most prestigious and storied institutions in the world, becoming the first woman president of harvard universityhistorian and multi-time off there, -- faust led author, the university for a decade, tackling thorny issues like immigration and same-sex social clubs and raising record amounts of capital, all while fighting to prove that an ivy league education is worth the rapidly rising costs. as she passes the torch to her suces

look at the numbers from last month's harvard university national poll on immigration. 69% say keep i.c.e. 70% want stricker enforcement. -- stricter enforcement. the protesters are decidedly in the minority. >> i think they will run into some political realities. the vast majority of politicians likely will not go there. >> reporter: the protest into -- in front of the administration -- immigration building has been going on since monday. the police will not say how long they will allow the city street to be shut down, only that they are monitoring the situation. a police car was on the scene. even though this was a public demonstration, protesters demanded that they not be on public. >> my right to film you is not subject to your concern. do not take the camera. do not do it. do not do that. >> do not escalate this. >> this is a public street. >> we are allowed to be here and shoot on a public street. >> reporter: i spoke to officials who say there only monitoring the situation. it is not clear when the street will be open to traffic. in san francisco, simon perez, kpix 5. >>> starting

he served under president clinton and he's been president of the harvard university in between. he's joining me now from new york. secretary summers, welcome to the program. >> good to be with you, christiane. >> first and for most, am i right, is it a trump-made crisis? and what do you make of handing out these billions in subsidies to make up for the hurt that he seems to be causing? >> this is a $12 billion band aid on a self-inflicted wound. there was nothing to be said for launch thing tariff war. now as many predicted americans including farmers have been the losers and now americans are going to pay to compensate the losers. the whole thing is about self-inflicted wounds and self-inflicted wounds because of higher prices for american producers are going to be less competitive because the input like steel for a car are going to be more expensive and self-inflicted wounds because obviously if we put tariffs on them, other countries are going to put tariffs on us, and that's going to make it harder for us to export and it's going to slightly difficult moment, take the steam

overcoming the segregation which is not the america's past at the same time you got the prestigious harvard university facing a discrimination lawsuit which alleges it limits admissions for asian americans. the federal guidance that had been issued during the obama era was an important tool for colleges and universities that were trying to do the right thing and were trying to revise modify and institue admissions policies that. were mindful of the supreme court's ruling in fisher and at the end of the day helped to achieve diversity on their campus it sends a message that the federal government doesn't believe in racial diversity and we run the risk that we may see school officials going back to the drawing board revising their policies and changing their approach in ways that can be really harmful to us is a country. or another story which i suspect it's people fired up online in most things to do with the trumpet ministries and do that once you put race into it as well exactly as a lot of different opinions call but u.s. attorney general jeff sessions cole the change is a step towards restoring the

a place like harvard university is now majority minority. which, is a wonderful thing, but what they tend to do is assemble wealthy students of all colors on their campus. so they have built, in essence, a multiracial aristocracy. which is better than an all-white aristocracy, but it is still an aristocracy. so at harvard, they have as many students coming from the top 1% by income as the bottom 60%. there are more students from the top 10% in the bottom 90%. the problem is that our diversity everts -- efforts fall short. when they ignore class and white working-class people recognize that. one of the most astounding polls i have ever seen was one in votershite working-class now say that they are as likely to be discriminated against as african-americans. now, on one level, that is completely -- that is complete nonsense. we just know the names. all you have to say are the names of the people who have faced racism and suffered terrible consequences because of it to know that it is wrong for white working-class people to say that there is lik

. >> reporter: harvard university itysident larry bacow told boston's wbur, the university does not discriminate uses many factors in admissions. an glor: and jan, the case could be headed to the supreme court. e'ere's more news on this. >> reporter: well, yeah, jeff, and it's going to be a different supreme court, with a new justice who, unlike justice kennedy, may well cast that key fifth vote with conservatives on llfirmative action. thw, the president is still going through prospective nominees; he talked to three more contenders today. but you can bet that affirmative action is going to be a big issue in those confirmation hearings. jeff? >> glor: jan crawford continues jr peerless supreme court reporting. jan, thank you very much. republican congressman jim imrdan of ohio finds himself facing questions following his time at ohio state university, e deag former wrestlers say jordan rsd te hhat a univty doctor had ab athletes. that doctor, richard strauss, hammitted suicide in 2005. d vestigators say they want to y thrview jordan. he has not responded. the president is stepping up pressure o

authentication has been a joint effort, the council working with the library of edngress and harvard university>> this is an inly surprising discovery. we thought that there was only one. we didn't exct much. we asked for a picture and were blown away and got a photo of the image, unlike any other version of the declaration we have seen. >> it was either in iladelphia or in new york. we know where it ended up in 1956. we need to find out what happened in between. that is the resear that is still ongoing. reporter: as for the future of this democracy-defining document, is there a danger that the new duchess of sussex mit want to claim it? >> we may possibly think about an exhibition in the united ghstates where it be reunited temporarily. reporter: donald trump might take it back with him. >> legally not. e,aughter] reporter: ben mobc news. laura: before we go, a reminder of our top story. british authorities have confirmed that two people have been exposed to the nerve agent nochok. here is gordon corera on the significance. people will be worried about public health, but also significant to t

wasbruary 2007 appointed president of one of the most proceeded just -- aestigious awards, being harvard universityr. she let it for a decade tackling for issues like raising record-breaking amount of capital all wall fighting to prove an ivy league education is still worth the rapid cost. as she passes the torch, she opened up about her most recent

kennedy school of government at harvard university and former u.s. assistant secretary of defense professor alison it's a great honor talking to you thank you very much for your time my pleasure to be here well professor allison as i was following the news out of helsinki i thought that the united states ought to declare a june sixteenth as the national outrage day because i honestly don't remember so much spite and venom over in policy terms at least nothing there were annoyed agreements signed in helsinki trying didn't hand the keys from the white house to put in and yet the coverage of this meeting was as if he solved he's entire country to an enemy where do you stand on these do you think trump indeed committed treason by engaging putin. exaggeration but in the world of trope everything is exaggerated so you're correct in saying that. his antics. is driven his critics up the wall or. you know excesses of all sorts so there's almost as if they deserve each other so trump is the most unusual idiosyncratic leader that we've seen he's in the midst of

a group of asian-americanud stts suing harvard university accusing the school of unfairly giving preference to other racial minorities. the last big affirmative action case in front of the court was decided on a slim 4-3 margin. the swing vote? justice anthony kennedy, now retiring. and that sets up the stakes to replace justinnedy, with the white house telling us president trump interviewed for thate candidates job yesterday. his announcement, frances, is now expected to come just five days from now. back to you. >> okay, hallie thank you. >>> and overnight the president spoke out on those new supreme court interviews as nbc newshe confirms top seven candidates he's met with. the commander in chief telling a west virginia crowd his pic will be a slam dunk. >> i think you'll be very impressed. these are very talented people, brilliant people. and i think you're going to really love it. ke justice gorsuch. we hit a home run there, and we're goingo hit a home run here. and step by stepe e making america greatagain. >>> this morning we're remembering the photographer, bcuse me,ind perhaps the

look at these numbers from last month's harvard university national poll on immigration. 69% say keep i.c.e. 70% want stricter immigration enforcement. 76% say do more to secure the borders. the protestors are decidedly in the minority. >> i think that they are going to run up into some political realities that -- that the vast majority of politicians likely will not go there. >> reporter: the protest in front of the san francisco federal immigration offices began on one side of the street on monday but has spread to all of washington street and blocked traffic. the san francisco police department won't say for how long it will allow a city street to be shut down, only that it is monitoring the situation. even though this is on a public street, the protestors demanded they not appear on camera. >> your right is subject to our consent. >> no, it's not. it's a public street. no, it's not. my right to film you is not subject to your consent. don't touch the camera. that's illegal! do not -- no, don't do it! do not do that! do not! don't do it! >> don't escalate this! >> reporter: this is

an author who isoc ated also was harvard university, steven green blat has written a book, a piece ofork called "the tyrant and his ."enable he takes richard iii as his case study and it's obviously a very thinly disguised attempt to make richard iii into donald trump. u have played richard iii notably in the you know iconic film version ofit . do you see that? >> no. >> at all? >> i don't. t i wouldn't contradict somebody else who did. they are both kings. what does conne them i suppose is an innate inadequacy. richard iii had a dreadful mother in that she gave birth to a child who was physically deformed and says to his face later in life, i've always hated you. from the moment i conceived you and from the moment you were born, i've hated you. i don't think you can say that to your baby and expect him to grow up to be a normal loving person. he's discovered hate at a very early age. what it is in trump's background which makes lying so easy i don't know. but i would make that connection that you could delve into the back story of a president or a king and find that that was the most

action as attorney general jeff sessions provoked an extensive set of guidelines that comes as harvard university faces a discrimination lawsuit accusing it of limiting admissions for asian americans the federal guidance that had been issued during the obama era was an important tool for colleges and universities that were trying to do the right thing and were trying to revise modify and institue admissions policies that. were mindful of the supreme court's ruling in fisher and at the end of the day helped to achieve diversity on their campus it sends the message that the federal government doesn't believe in racial diversity and we run the risk that we may see school officials going back to the drawing board revising their policies and changing their approach in ways that can be really harmful to us as a country and many unions in the u.s. are expecting there to fall following a supreme court decision and ruled that public sector unions can no longer collect fees from workers who choose not to join the largest teacher's union says this won't stop them from political advocacy john hendren reports

kennedy school of government at harvard university and former u.s. assistant secretary of defense professor alison it's a great honor talking to you thank you very much for your time pleasure to be here well professor allison as i was following the news out of helsinki i thought that the united states ought to declare a june sixteenth as the national outrage day because i honestly don't remember so much spite of the venom over in policy terms at least nothing there and the agreement signed in helsinki trying didn't hand the keys from the white house to put in and yet the coverage of this meeting was as if he solved he's entire country to an enemy where do you stand on these do you think trump indeed committed treason by engaging putin. well obviously that's an exaggeration but in the world of trope most everything is exaggerated so you are correct in saying that. his antics. think he has driven his critics up the wall or led them to you know excesses of all sorts so they say almost as if they deserve each other so trump is the most unusual idiosyncra

the supreme court could hear a lawsuit on this.a oup of asian american students suing harvard university for giving preference to other racial minorities. the last affirmative action case decided on a slim 4-3 margin. the swing vote, justice anthony kennedy now retiring. >> that sets up the stakes treplace justice kennedy with the white house telling us tonight id prt trump interviewed three more candidates for that job today. hiannouncement, lester, is set to come in just six days. >> hallie jackson tonight, thank you. >>> he's been under fire and under investigation for a ist of activities that raised ethics questions, but yesterday, epa chief, scott pruitt, found himself under fire during lunch in a restaurant, from a woman who confronted nd called on him to resign. there are questions about whether pruitt can keep his job. we get that story from nbc's per alexander. >> reporter: the environment in d.c. getting a little hotter for the head of the epa. r: theon envnt in d.c. getting a little hotter >> it does protect ouren ronment and climate change for the benefit of all of us, includ

the move comes as harvard university faces a lawsuit alleging its affirmative action policy discriminates against asian students, but the school says it will continue to use race as a factor to maintain diversity. attorney general jeff sessions has threatened to sue schools that discriminate against white applicants. >>> republican congressman jim jordan of ohio is denying claims that he failed to address allegations of sexual abuse by a team doctor at ohio state university when he was a wrestling coach more than 20 years ago. now, two former college wrestlers say jordan had direct knowledge of claims that the doctor was groping male athletes, but jordan insists he was not aware. >>> well, workers at a maryland newspaper where five were shot and killed last week got a bit of a pick-me-up in the form of the stanley cup. a staff member on the washington capitals visited the offices of "the capital gazette." each member of the team gets to spend one day with the trophy and he decided to spend his day at the gazette. the editor called it a big morale boost. meanwhile, president trump ordered

sessions revoked twenty four guidance documents many involving race in schools it comes as harvard university faces a discrimination lawsuit alleging it limits admissions for asian americans the federal guidance that had been issued during the obama era was an important tool for colleges and universities that were trying to do the right thing and were trying to revise modify and institute admissions policies that. were mindful of the supreme court's ruling in fisher and at the end of the day helped to achieve diversity on their campus it sends the message that the federal government doesn't believe in racial diversity and we run the risk that we may see school officials going back to the drawing board revising their policies and changing their approach in ways that can be really harmful to us is a country where the unions in the us are expecting their income to go down drastically as a result of a u.s. supreme court decision it's ruled that public sector unions can no longer collect fees from workers who choose not to join but the country's largest teachers' union says this won't stop them fr

sessions revoked twenty four guidance documents many involving race in the schools it comes as harvard university faces a discrimination lawsuit alleging it limits admissions for asian americans the federal guidance that had been issued during the obama era was an important tool for colleges and universities that were trying to do the right thing and were trying to revise modify and institue admissions policies that. were mindful of the supreme court's ruling in fisher and at the end of the day helped to achieve diversity on their campus it sends a message that the federal government doesn't believe in racial diversity and we run the risk that we may see school officials going back to the drawing board revising their policies and changing their approach in ways that can be really harmful to us is a country that's called lucas is a professor of international politics of the university of birmingham he joins us now on skype from there good to have you with us so what would the absence of some of these affirmative action policies mean for the sheer numbers of minorities in colleges. well it's not as

i hate reading things too but i will a harvard university study. published a study in april that found fifty one percent of those between the ages of eighteen and twenty nine dislike capitalism with a majority prefer and socialism as a political system is socialism a political system that's what i'm worried about when ron talks about workers i'm all yours i'll listen to workers' rights i don't have a problem with that ok we need a healthy left in the united states here but people talk about a political system that is socialism go ahead i've been well of course the technical definition of socialism is nationalizing industry nationalizing the means of production and i'm not sure i hear anybody really talking about that i see straight. king similarities between the right in the left that we have now i wouldn't consider trump a conservative i would consider him a nationalist he's been for quite a big a big government that we want to talk over measure in all its forms i think you know he was he passed in the republicans went right along with them three

it comes as the department of justice investigates whether harvard university discriminates against asianamericans in its admissions process. the trump administration is specifically rescinding documents that laid out the legal recommendations and guidelines for schools that wanted to promote diversity. the documents focused on how to properly use race in admissions. the trump administration says the rules are not legal and violate the supreme court's precedent on affirmative action. (catherine) tonight - the mother of a teenaged girl at the center of a debate over brain death -- is speaking out. her daughter - jahi mcmath - died after surgery in new jersey. jahi had already been delcared brain dead in 2013... after complications from a tonsil surgery at oakland children's hospital. kron4's haaziq madyun has the story. jahi mcmath's mother nailah winkfield says it is now time to lay her daughter to restsot

kennedy school of government at harvard university and former u.s. assistant secretary of defense professor alison it's a great honor talking to you thank you very much for your time pleasure to be here well professor allison as i was following the news out of helsinki i thought that the united states ought to declare a june sixteenth as the national outrage day because i honestly don't remember so much spite and venom over in policy terms at least nothing there and the agreement signed in helsinki trying didn't hand the keys from there why.

kavanaugh made a point last night that he hired diverse law clerks, that elena kagan hired him at harvard universitydy surprise many with his decisions on both sides of the aisle. what's to say that justice kavanaugh won't do the same? >> well, i don't think he would have been put on this list had he not been one of these hard right judges. the two issues i mentioned are important. there are several others. at a time when we have the mueller investigation, judge kavanaugh is way at the extreme. he believes a president shouldn't even be investigated. he has gone so far as to say a president who believes the law is unconstitutional doesn't have to follow it. soueller situation, with the overreach of presidential power, we shouldn't put him on the bench. and then on gun rights, on lgbtq rights, on environmental rights, he's way to the right of the american people. i don't believe he had law clerks of some sort that that makes him any better. if the president is fulfilling his campaign promise, hired the most conservative group to come up with a list, and chose from the list. the president shouldn't hav

harvard university is denying that it intentionally discriminates against asian-american applicants,chool is fighting back against the lawsuit filed by students saying the group is making claims offering a misleading narrative taste on documents -- based on documents. a trial is scheduled. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i am kailey leinz. this is bloomberg. vonnie: coming up, we speak with intel interim ceo bob swan a-shares slide. -- as shares slide. this is bloomberg ♪. london, i ame from caroline hyde. vonnie: from new york, i am vonnie quinn. caroline: share sliding after results and concerns about delays in the role that avenue chips. with get to san francisco emily chang who is joined by the interim ceo of intel. emily: bob swan is also the cfo. the numbers are strong but the stock is falling precipitously, how do you explain that? >> the numbers were very strong. 15% topline growth. margins expanded by 500 basis points, earnings grew by 44%. we generated over $6 billion of cas

law school, the board of dean's advisers at harvard business school, the dean's council at harvard university, and advisory at the scene quite university school of economics .nd management i recall the day when i took over for lloyd as cochairman of the partnership for new york .ity it was supposed to be a big celebration for my day. microphoneasp of the and said, congratulations. i hope your two or three years as chairman of this organization are better than mine because these are the worst freaking years of my life. it happened to be following 2008 and 2009. i don't think it was related to the partnership of new york city, but the message was loud and clear. the format today will be a conversation. we are delighted to have as our interviewer john nichols white. seen him before. he is a member of economic club of new york. we are proud to have him as a member and as our interviewer today to i would like to invite both lloyd and john to begin the --versation area conversation. >> they gave. -- thank you. shall we begin with the main economic news? you saw this more not -- morning china, sayin

at harvard university, sa 8 to 9 percent of every freshman class has to be black.dn't lower the standards, for admission, probably only 1% would be black. they would be ones who earned it by merit, but they would be greatly out numbered by those who won it as a racial preference. in a sense white america saying we're redeeming ourselves this way, without us we would go back to old way. so, you know we have the finger in the dike. and so affirmative action is diversity, new incarnation. a idea with all sorts of perversion follow this this idea of diversity. mark: does it help camouflage failures of half a century of the left's agenda. >> yes. because you know, black america has to face some, why are we poorer now than we were when we had no freedom. after 50, 60 years. whites have a bill due coming as well, why have you betrayed every principle that made you great, that made america great. why did you betray that in the name of what? your own innocence. your innocence is a corruption, it facilitates everything that not good in the minority communities, you are the p