from the start of the original henry ford and his motions of the assembly line. he was a brilliant, hideous man. he had also contradicted. he also brought african americans to detroit and he had shadows and light in his life and his grandson was sort of a larger than life figure. very call -- very colorful. in my book, you'll see at the end, there's a climax. the deuce was his nickname. he -- and he -- he was dealing with everything that was going on, at that time, political, economic, his relationship with walter was fascinating because his grandfather had tried to beat all of the unions and henry ford the second had to deal with the accommodations of that. he was one of the great under appreciated figures. a terrific mind, labor leader who, during this particular era, the uaw really helped -- had a key role in the whole civil rights movement. the summer of 63 was the summer when birmingham happened and martin luther king wrote his letter from jail. many people supporting him were bailed out by the money. they came down there with all the money to get everybody

seven years later this man henry ford, he founded the ford motor company. this pile of scrap iron became the first affordable automobile which would put the world on wheels and alter the nature of work and life forever. what ended up making this story remarkable was not one outstanding genius or one transformative company. it was how the entire american economy took an invention and turned it into an engine for prosperity. the affordable automobile did not create a business. it created thousands of businesses. it brought new opportunities to within reach of more people than ever before. for most of history, entire generations would pass without seeing a new innovation as transformative as the automobile . but the pace of human progress changed during the industrial revolution and it has accelerated ever since. unbelievably, the ford motor company was not even the clear winner for the most transformative development of the year 1903. it was two brothers from kitty hawk, north carolina also had a breakthrough that year that did nothing less than also alter th

changedeverything had largely due to henry ford. his plan was to build a car for multitudes. it wasn't going to be a car as good as those rich people drove, it was going to be better. it was better and became one of the most commercial successes in american history. trivial.e events were and expandedlected american sense of what was possible. pretty much everything seemed possible in 1908. it was absurd at the start of the year to expect anyone to drive an automobile across the bering strait, no more absurd than somebody proposing to fly an airplane for 2.5 hours as wilbur wright did. america 1908 in the opening -- closing seconds of 1907. i begin here in new york city, times square, new year's eve. ,t is a good moment to begin not only because it is the beginning of the year, but because packed in the crowd of 50,000 people are a lot of the themes that echoed throughout the year and are in this book. 1900, new year's eve had been a relatively sedate affair. in new york people would go down to trinity church and listen to the bells rang at midnight then go home and say their

it's been an american institution since henry ford first started cranking out model t's. but on a summer saturday in 1971, two americans went for a joyride of a different kind. dale scott and jim irwin hopped behind the wheel of the first lunar rover and drove on the surface of the moon on july 31. "10-9-8- ignition sequence on - engines on. 5-4-3-2-1. all engines running. liftoff. we have liftoff at 9:34 am, eastern daylight time" when nasa launched apollo 15 into the morning sky, it was on its way to becoming the fifth moon-landing mission in barely over two years. but if blasting rockets towards another planet had started to become old hat, what apollo 15 was carrying with it away from earth would help create america's next space exploration milestone. "hello, houston the endeavor is on station with cargo and what a fantastic sight." nasa charged jim irwin, dave scott, and al warden with expanding our exploration and understanding of the moon. others before them had taken steps, "that's one small step for man..." but to that point, no one had ever driven on the surface

>> i'm saying after henry ford, toyota came along and said that model is not right.tandardization but we also want to empower the assembly line worker to identify problems and be part of improvements. through investing in people, toyota showed us that if you lower costs and increase quality at the same time. i'm saying that the type of revolution that we saw in the auto industry, the toyota revolution, we can see it in industries like retail through a good jobs revolution. >> and in a sense the toyota example suggests that even though your research is mostly in retail, it could be applicable everywhere? >> absolutely. in fact i stand on the shoulders of other academics who have argued for a long time that investing in workers and making smart decisions drive great value for companies and their investors. >> what does it say about capitalism that so many capitalists are doing this wrong? is it a focus on short-term that's wrong? is it -- i mean how would you describe it? a certain way you're saying all these companies are actually not understanding their own enlighten

re-created the same route that henry ford's son took from detroit 100 years ago. nbc bay area with is live there. you got back seat drive a little bit, steph. >> reporter: i did and it was very smooth and very comfortable. for a 100-year-old car, that's surprising. this is all part of centennial celebration for the world fair that happened in 1915. it all happened here. the palace of fine arts was built for the fair and the model t is just a part of celebration. people have been admiring it all morning. this may have taken place a hundred years ago but some things haven't changed. trying to revive a piece of history might require some patience. the sound of success can be so sweet. with the historic vehicle association, success was the more than 3,500 mile this model t traveled at 35 miles an hour, taking 34 days. and manning this machine, not as simple as you might think when you're dealing with century old technology. >> i go the nigs on the steering column. you have to control it with the spark. >> reporter: the world's fair made history with the model t assemb

you point to henry ford and about the assembly line.velopment jobs different than that where perhaps 40 hours a week might benefit you more than 40 hours a week? >> i think there is an argument to that but my intuition is doing creative work actually requires more energy and i think there's ever reason to believe that working too long would be even harder on people in creative positions. there's also been a lot of research since henry ford. that was the early part of the 20th century and people have replicated that in other industries, including blue collar jobs and more recently people have looked at this topic within industries much closer to our own, like the gaming industry and, you know, you always get the same results and it matches my personal experience and the experience of a lot of people i've worked with. >> well, you say that this mindset, right, that something is just wrong across the board, especially in tech companies. the mindset can lead to ageism and sexism. expand on that a bit. >> what i've observed is a lot of peopl

one group decided to recreate a road trip from the son of henry ford, edsel ford. >>> back in 1915, that's what it took to start a car. a couple of cranks and the hope it would continue to run. >> when you have the vehicle moving and it's moving at 20, 30 miles per hour you're controlling everything from the steering wheel. >>> the original reason why this original model. it is here, you see 100 years ago, the henry fee took a model t in to san francisco. 3500 miles taking note of every day on the trip. >> we took at much dirt road we could. it was the santa fe trial which is mostly route 66. to commemorate that journey, a team from the historical vehicle association recreated every single turn, detroit to san francisco in 34 days traveling at a top speed of 40 miles per hour. >> this was the quintessential road trip. this is what it's about. it's about the birth of the great american road trip. >> it's pack autopsy and i canning off for a period of time. >> his grandfather was on that trip with edsel ford. >> i think it's great that that car could travel for 100 miles. >> a car that's 100

and they actually quote henry ford, a famous capitalist. if you pay your workers as in, they will not buy cars. as generous as billionaires can be, they cannot support the global economic expansion. the government seems like this running out of tricks to fix the economy, so maybe it should fix the inequality. >> you have some papers that are u.s..g to a new hero, the >> can team america saved the day? come to thea can rescue. for all the talk of his declining power, the united states still is the world's leading economy, and perhaps it can lead changes in the global economy really needs. the new york times has a different analysis. they say the american people hero, becauseper while there in better shape, they are not growing fast enough to save the rest of the world. man: this is a production of china central television america. mike: this week 7,000 athletes from 177 countries are converging on los angeles. they're here for the special olympics 2015 world summer games. but this is more than just one of the world's largest sporting events.

we're following the ride that em dsel ford took 21 years ago. >> reporter: henry ford's only son. what is this made of? how did it last this long? >> it's an incredibly simple design and that makes it so durable. we came across country, we had no problem whatsoever. we had one blown tire and that was about it. >> okay. 100 years old. i can't get over that fact. talk to me about what this means. >> america's automotive history matters. this is an important part of our past, helps shape america and trips like this that remain us of our important automotive history. >> reporter: how many miles to the gallon? >> but 17 miles to the gallon. >> reporter: not bad. how much money for this beauty? >> well, in the time, it cost $500. but we got it given to us and we restored it. >> reporter: thank you. mark gessler. we have a lot of history here with us this morning including family ties to the historic trip here 100 years ago. stay with us, we'll be back. live in san francisco, stephanie chuang. >> so cool. you think they would be more wind blown having gone across the country, weathered.

of money which i think more of us should own shares or they should want to pay higher wages and henry ford said that he was paying. he's emigrated to raise that to five so they can afford to buy my cars and that's the kind of thinking we want to see more capitalists do. >> needs to bring social values and happiness to the market. >> this is interesting. those gross domestic product and its growth answer everything that we need to know about the performance of the system? i argument is no, we need a second system. and the second system that i prefer is the well-being management system. have they improved the sears both as the gdp which is good and services and in other words has education gone up, has healthcare gone up and said these are called social indicators. britain is working very hard on a separate system that in fact they even called it a happiness measure into the country that started it they do use a happiness indicator as a matter of fact he said at one point i'm so glad i did this now i don't want to be king anymore and the people said you've got to stay because if you leave we

henry ford once said "if i had asked people what they want, they would've said faster horses."ur government is led by people who would rather tweak the current system then revolutionize how we do things. they pump more money into the education system of the 1900s. thinking it will prepare our people for success. they rely on the programs of the 1930's without saving them. they expand the safety net programs of the 1950's, hoping they will help the struggling escape their circumstances. they want to raise taxes like they did in the 1990's, thinking it will increase opportunity. the result of this outdated approach is all around us. the insecurity of our people's lives, the challenges raising americans like david and danielle. the concerns about the future we are leaving for our own children. a decade from now, all four of my children will be adults. i for one do not want to have to explain why the america our parents loved was the greatest nation on earth, but the one where leaving them is not. let me close by saying something i say everywhere. america does not go me anything. i

. >> a group of historians re-created a legendary road trip taken by henry ford's oldest son. >> he drove 3,500 miles from detroit. >> the car historians took the same route at a top speed of 35 miles per hour. >> we ended up climbing up washouts and the model t never hesitated. >> getting it started was another issue. it needed human power. >> the trip was for more than pleasure. the company set up a vehicle assembly line. >>> tonight, the new surveillance video from the gas explosion. the natural gas fears and the sudden blast. more than 60 people and their split-second escape. we're on the scene. and we have seen several of these explosions in recent months. >>> donald trump and his tough new words on undocumented immigrants and their children born here. are they really u.s. citizens? >>> two giant sinkholes tonight. the earth opening, right where a home was swallowed before. the homeowner never found. new aerials coming in tonight. and a major interstate, shut down, too. >>> extreme weather tonight. after multiple tornadoes, baseball fans running for cover. travelers trapped. millions

henry ford was paying $2.50 an hour. he says i will raise that five so they can afford to buy my cars. that's kind of thinking we want to see where capital is due. >> host: 14 companies to bring social values and happiness. >> guest: this is interesting. this gdp, gross domestic product and its growth answer everything we need to know about performance of the system? my argument is we need a second system in the second system i preferred the well-being measurement system. as there will be enough people improved this year as well as the gdp, which is goods and services. in other words, has education gone up? these are called social indicators. britain is working very hard on a separate system that in fact they even call it a happiness measure and the country that started it, they do use a happiness indicator. as a matter of fact it's at one point i'm so glad i do this. i don't want to be king anymore and the people said you've got to stay and be king because if you leave we will be less happy. the point is i think we need

he was fired by the telegraph office and lost money in the iron business is in the company and henry ford failed completely the first time dr. seuss was rejected by 27 publishers an old pro was fired from her first job they called her an unfit for television. [laughter] they all failed and tried again. where you can write the script of your own life in america. [applause] so when a pessimist like me says bearden some government regulation i hope you will ignore me to prove me wrong. that is the show for tonight from loss biggest and freedom fest. go live the american dream. [cheers and applause]

henry ford in his day had perfectly correct. he wasn't just some nice opulent businessperson. the was a person who used rationale, i'm going to build a car, but i have to pay the people to afford the car. so therefore from the beginning and in section of ford, ford employees have always been paid pretty well so that they can sustain, enjoy the products which they purpose -- purchase. now we are in a greed zone on steroids. so when they say, if you raise the minimum wage, which isn't even the real problem. problem is if you raise the minimum wage, the greedsters are going to raise the product of services and we will be in -- the price of products and services and we will be in the same place where we started. so we have to stand up and say, these mergers, we don't want. we not have that many holes to run in. have that many holes to run in. carly fiorina was right. the small business concept is a false herring. when people talk about small businesses, they are talking about 100 plus employees. i'm talking about the mom and pop that have three people. they are being crushed in ou

he was fired by the telegraph office and lost money in the iron business is in the company and henry fordmpletely the first time dr. seuss was rejected by 27 publishers an old pro was fired from her first job they called her an unfit for television. [laughter] they all failed and tried again. where you can write the script of your own life in america. [applause] so when a pessimist like me says bearden some government regulation i hope you will ignore me to prove me wrong. that is the show for tonight from loss biggest and freedom fest. go live the american dream. show at foxandfriends.com.. >> have a great day. >>> donald trump set to drop in on the iowa state fair today like nobody else in his own helicopter. and unlike other candidates before him, he keeps embracing his wealth and success on the campaign trail. that one reason he's still on top in the polls. hi, everybody. i'm dagen mcdowell in for brenda buttner. and this is "bulls & bears." the bulls and bears this week, gary b. smith, jonas max ferris, john layfield along with suzy welch and david mercer. welcome, everybody. is dona

. >>> and a group of historians re-created a legendary journey in 1915 taken by henry ford's oldest son, he drove a model-t like this one tofrancisco. historians took the same route at a top speed of 35 mile-per-hour. >> we ended up thwarting ravines, creeks and climbing up wash outs and the model-t never hesitated. >> getting it started was another issue. ford's trip was for more than pleasure. they set up a an assembly line at the expo and produced 18 car as day. >>> and coming up, the race for the white house, the new pole that shows trump could be a contender against hillary clinton. >> and the man facing an investigation for using military head stones on his patio. >>> and the ashley madison data dump. people who signed up for extra i don't want to live with the uncertainties of hep c. or wonder... ...whether i should seek treatment. i am ready. because today there's harvoni. a revolutionary treatment for the most common type of chronic hepatitis c. harvoni is proven to cure up to 99% of patients... ...who've had no prior treatment. it's the one and only cure that's... ...one pill,

that have benefited see the benefits of having the products made here this conversation between henry ford and then head of the union and walking through the plant and said this machine will replace i forget how many of the workers and he responded but how many parts will the machine by? yes we can replace the workers with foreign competition but you have to have the wages to buy the products in america. there is an understanding by wal-mart that the need to look to how we can be competitive. look at the proposals they are not the subsidies the regulatory reform which government is heavily involved in this thing this that we can do with conservative politics to give us the opportunity to be competitive. >> the government exists for the interest to make americans free and prosperous so why not at the expense of other countries? >> we have the trade rules to you deal with. when that comes to new trade law that is one area that i don't get into that much because then you have retaliatory efforts on parts of the a other countries so i thank you have to be very careful to structure as a mobile

with henry ford and eisenhower. and in some ways business and government got up to leave the table. >> guest: you ask what right do i have to comment? what you said is related to that i tried to spend 50 years to understand economic models the answer was you couldn't. you couldn't understand why any standard competitive equilibrium model while people got such a different pay. they cannot explain power relationships not only discrimination but slavery the was the most obvious example but then i realized those were the easy things to see that the night in -- beneath the surface that was shaping the economy. but they were projecting all of us one way or another. this is for collective action. if you have more monopoly power that is the power to raise prices. you lower wages just as much by weakening the union workers by strengthening corporations. and where politics starts to enter that is the rules in aggravations even like the federal reserve to all the politicians interfere with that. but the fact is the federal res

you are a fan of the new technology but they don't have that massive work-force just like what henry ford created. is this a do paradigm? >> we have done a tremendous amount of research on automatics and robotics and automation. grosso looking for stock companies to help with re-education we just bought with the.com. but robotics. charles: they are ruling of the kiosk with the 50 minimum-wage will backfire they will trade the kids how to fix the robot. >> i was just reviewing data highest-paid college kids day are all science zantac and engineering there is hardly any other major that will pay a livable wage you're headed back to college to make him want to consider. charles: then he breaks it up but proved that it was a premature move. we have had to revolutions but this one turns out to generate enough to stave american and prosperity. >> based on the oxford university study in the next 20 years because of robotics $12 trillion will be created of gdp. charles: that means steve jobs? if he is said 96 percent of the farming jobs would disappear you would say what would happen? >> with reg

henry ford's first company failed completely. dr.ook was rejected by 27 publishers and oprah was fired from her first job as a reporter. a tv station called her unfit for tv. they all failed and tried again. america's a place where as dinesh desidesa pus it you can write the script of your own life so when pessimists say idiot, burdensome government regulation and high taxes have killed opportunity i hope you will ignore me and prove me wrong. that's our show tobtd from las vegas and freedomfest. go live the american dream. from [ applause ] loss >>> right now on "justice." >> this is the usual part sanitization and i may have made up a word of anything that goes on. >> and the fbi investigation of a potential cover-up? it's all just politics, according to hillary clinton. i debate the latest disturbing details with one of her biggest supporters. >>> plus -- >> i don't think i've made mistakes. every time somebody says i've made a mistake they do at polls and my numbers go up. >> the donald takes the hawkeye state by air and by land.

the wright brothers did that when they built an airplane, henry ford when he created the assembly line, jeff bee zeros, now airbnb break the rules. mic decided to honor violators by creating what he calls rule breaker awards. every year he gives awards to whom? well, we recognize the greatest people this can country has to offer, rule breakers. these are people that are changing the industry rules for their industry, they find us online, they apply and we recognize the whippers, the best of the best. >> all right. well, mike gave an award to the creators of a company called rent billow. it is a website that let's you rent stuff $15 to rent this fishing pole for a day, $5 for a power drill and of course the other side of that is that they allow people to use stuff without having to pay big bucks to buy it. >> this seems to obvious to me. i think people would have thought of this years ago. >> you would think so but they haven't. host of the things we use go idle, the pen this in your hand is used most of the time -- not used most of the time. there's value in that. so rent billow and ot

the son of henry ford.o commemorate that event, mark gessler and a team from the vehicle association recreated every single turn on that journey. 35 up miles in 34 days traveling at a top speed of 40 miles per hour. the group said that the only trouble they had with the car, a flat tire. can you imagine? 34 days in that car. >> let's talk about sports here. a great catch for the giants tonight. unfortunately not a great night. >> the big picture not that great. you win the world series three times in five years, it seems like they are kind of above critiquing but what they have here is a really good team, chance to go far, in fact, maybe all the way but injuries have truck them very hard. management needs to step up, spend money, bring in some healthy fresh bodies. clearly, they have been caught short. they need to help the players out. bum barner looking good again. does he need help here from juan perez. deal degree of difficulty right there, incredible. it helps kept cardinals off the board for a while.

henry ford's first company failed completely. dr. seuss' first book was rejected by 27 publishers.ah was fired from her first job as a reporter, a tv station called her unfit for tv. [ laughter ] >> they all failed and tried again. america's a place whereas the sousa puts it, you can write the script of your own life. [ applause ] >> so when pessimists like me say idiot burdensome government regulation and high taxes have killed opportunity, i hope you will ignore me and prove me wrong. that's our show from tonight from las vegas and freedomfest. go live the american dream. [ applause ] h@h@rj >> thanks for being with us tonight. good night from new york. >>> a hundred thousand creepy crawlers. fighters that will cover your whole face. >> all collected from the far reaches of the world. >> is it alive? >> talk about a bug's life. >> walt disney went into the museum and wanted to buy the collection. >> is there a bigger story behind this request. >> that was an interesting and eye opening experience all its own. ♪ >>> i'm jamie

. >> the reason it is here is historical in itself. 100 years ago ford, the only son of henry ford tookodel t from detroit to san francisco in time for the world's fair. he took six friends for the ride. 3500-miles. taking note of every day on the trip. >> took as much dirt road as we could. followed the old route. >> reporter: which is now mostly route 66. he and a team recreated every single turn. 3500 miles to san francisco. traveling at a speed of 40 miles per hour. >> this was the road trip. and that is what this is all about. >> 21 years old and hopping in a car and packing up and taking off. >> reporter: his grandfather was on the road trip. >> i think it is fascinating that a car 100 years ago could travel 3400 miles. >>> for the 2015 trip, for a car that is 100 years old, the only problem was a flat tire. and they were robbed of tools tools and a generator in arizona. the same place where he was concerned of getting robbed 100 years ago. >> we are out there with this car and it just performed. >> reporter: as for the car, it was only available for the public till noon today. th

seven years later, this man henry ford founded the ford motor company and the pile of scrap iron became the first affordable automobile which would put the world on wheels and alter the nature of work and life. what ended up making the story remarkable was not one outstanding genius or one company. it was how the entire economy took an invention and turned it into an engine for prosperity. the affordable automobile do not just do not create a business. it created thousands of businesses. that wast opportunity able to reach more people than ever before. passe generations would pace ofseeing -- the human progress changed during the industrial revolution. it has accelerated ever since. the ford motor company was not the clear winner for the most transformative development for the year. it was two brothers from kitty hawk, not kill and a, who also -- kitty hawk, north carolina, who also had a break through that year. here we stand more than a century later. the economic changes still accelerating. when my first child was born after the turn of this new century, there was no such thing as fa

the wright brothers did that when they built an airplane, henry ford when he created the assembly linejeff bee zeros, now airbnb break the rules. mic decided to honor violators by creating what he calls rule breaker awards. every year he gives awards to whom? well, we recognize the greatest people this can country has to offer, rule breakers. these are people that are changing the industry rules for their industry, they find us online, they apply and we recognize the whippers, the best of the best. >> all right. well, mike gave an award to the creators of a company called rent billow. it is a website that let's you rent stuff $15 to rent this fishing pole for a day, $5 for a power drill and of course the other side of that is that they allow people to use stuff without having to pay big bucks to buy it. >> this seems to obvious to me. i think people would have thought of this years ago. >> you would think so but they haven't. host of the things we use go idle, the pen this in your hand is used most of the time -- not used most of the time. there's value in that. so rent billow and othe

and henry ford elementary school in redwood city it is still 8 7. changes are coming. it won't get cold but the hot stuff is going away for a long time. a storm system offshore will bring rain to the north and cooler air here. we'll talk about it coming up >>> tonight police are trying to track down a driver who hit and killed a woman and then took off. ♪[ music ] >> coming up, clues police are going on to try to find this person behind the wheel. >> reporter: downtown san jose real estate is on fire! it's artists feeling the heat. i'm mike sugerman. the story is coming up. >> and taking a whack at donald trump. a bay area business profiting a bay area business profiting [female announcer] dsave up to $400 on beautyrest and posturepedic.n, get interest-free financing until 2018 on tempur-pedic. plus, helpful advice from the sleep experts. don't miss mattress price wars at sleep train. >>> we are learning the identity of the woman killed by a hit-and-run driver this morning in san jose. the driver ditched the damaged car and is on the run tonight. kpix 5's len ramirez w

now, henry ford in his day had it perfectly correct.henry ford wasn't just some nice, opulent business person. this was a person who used rationale. i'm going to build a car, but i have to pay the people to afford the car. so therefore, from the beginning and inception of ford, ford employees have always been paid pretty well. so that they could sustain, enjoy the products in which they purchased. now we're in, like, a greed zone on steroids. so when they make the argument if you raise the minimum wage -- which isn't the real problem. the problem is if you raise the minimum wage, the greedsters are going to raise the price of products and services. we'll still be in the same place where we started. so, it's we the people that's going to have to rise up and say these mergers, we don't want. because as the mergers occur over and over again, the consumers, we the people, we have less options. we don't have that many holes to run in. and that the smaller businesses like carly fiorina was talking about, she's right. the small business concep

. >> curator of transportation at the henry ford museum in michigan says the convertible has had more starts and stops. >> it's affordability. but you see things change as enclosed cars get more affordable. and convertibles are for the rich. it turns around. >> reporter: by 1936, the open top car binged for less than one percent of the automobile sales. so the convertible is essentially dead by the 30s? >> it's dead or on the way out. >> there's still wealthy drivers who can afford? >> what kind? >> big cars. luxury automobiles. expensive vehicles. >> not cheap. >> reporter: they may not have been cheap, but they were useful for politicians like president franklin del roosevelt who toured in a lincoln convertible, the sunshine special. >> the next is in world war ii when a lot of americans in france and other countrys saw the roadsters with convertibles >> in 1950, every american car maker had a convertible in the lineup. 33 model >> announcer: here's looking at the new chevrolet. more than a new car, a new concept of low cost motoring. >> reporter: from 1962 through 1966, convertible

but thomas edison, harvey firestone, and henry ford all came to visit plymouth, vermont. now, i don't know how many of you have been to plymouth, vermont. it's a very small town. and when they came to town they talked and grace coolidge was right there talking with these folks and talking about politics. so she seems to have come into her own a little bit in this time period. and then when they did win and went back to the white house, she had a little bit more of a role. but in terms of campaigning, i would say this. william allen wright said when looking at the campaign, one flag, one country, one conscience, one wife, and never more than three words will do calvin all of his life. and then the "washington post" article about the campaign said, mrs. coolidge's million dollar smile is the greatest political asset. >> absolutely. >> there you go. >> we would agree with that. and annette, correct me if i'm wrong, but of the panelists here, the hoovers were not political. they did not have a political background. is that truthful to say? but yet these brilliant people both,

there's a famous conversation a famous conversation that occurred between henry ford and walter reuthernd the head of the union that ford had to deal with, he was walking through the plant and showed reuther a machine, he said this machine is going to replace how many of your workers. ruth responded while that's great but how many cars as this machine gonna buy. so that's really the tension here that yes we can replace workers with foreign competition with automation, but you have to have wages to buy these products here in america. there is an understanding now that walmart and many others that we need to look to how we can be competitive. i'm not looking to reap the game, if you look at the proposal in the book they're conservative and orientation, they're not big and subsidies, their tax cuts, regulatory cuts, regulatory reform, education which government is heavily involved in. things that we can do all consists of what i called with conservative politics and conservative philosophy that give us the opportunity to be competitive. host: why not rigged the game, what why wouldn't the

to the boating industry what henry ford dearborn were to the car industry. >> with detroit 50 miles away chris-craft borrowed more than assembly line from the car industry, occasionally borrowed parts. >> this has mustang steering wheel with just chris-craft em >> just right down the street. but in the 1960 ross fiberglass became national. it brought boatloads of competitors. chris-craft eventually stopped making wooden boats altogether. >> how fast does this go anyway? >> a vintage chris-craft boat got the star treatment in 1981 film "on golden pond." there was a renewed interest getting back out on the watter. >> this boat came in we took bottom off started replacing frames. >> wayne and his team spent countless hours sanding, fastening, varnishing these old boats back to life. that's gorgeous sheen he said that could be most illusive. >> everything has to be right in the world to get a good varnish. your mother-in-law has to be in a good mood, humidity, heat, dust, you could have a bad varnish job who knows why. >> eventually a boat can go from looking like this to something like this

henry ford was seriously considered as a president, ross per perot, both romneys.that answer about lobbyists. i can't be bought and i'm too rich to steal. and all these other people, one way or another, are groping for money from people who want influence. that's what he said in that first debate. that and kimberly's -- and molly both, you're exactly right. that's not necessarily a conservative appeal at all. it is populist. when it's linked to his rhetoric on immigration and birtherism of three years ago, that's another long and fairly ignoble tradition. that's an interesting brew. >> but it's not just the money thing. it's the outsider question. look who else did well in that poll? you had carly fiorina, ben carson. the americans out there are just very unhappy in general with washington. they want someone who is outside of that perspective. and go back -- go back, by the way, to 2011 at this time, who was heading in the polls? herman cain. >> and they say, you should dismiss it. >> no, because he has tapped into things that do matter. the immigration things. the

henry ford started paying his employees a living wage, and they turned around and started buying model-ts. walmart employees are also walmart customers. if you raise their wages, a lot of the money is going to go right back into the till. olivia: that is one of the arguments for raising the minimum wage. there are also arguments against it. a lot of big tailwinds for the u.s. consumer right now. consumer confidence is coming back up and cheaper gas. the company is seeing people spending some of their gas savings. i believe the average price for a gallon was 25% lower than it was in 2014. matt: i have seen them talk about the cost of that. how much does the international picture hurt? olivia: 70% of their profitability comes from the u.s.. 59% of their revenue comes from the u.s. their international business is still north of $140 billion. that is more than amazon's total sales. matt: speaking of happy employees. olivia: i am not weighing in on that debate. the story in the new york times over the weekend talking about how unhappy amazon employees white-collar workers are. olivia: walmart