modern area which is reconstruction of the financial committees which was brought by an engineer, herbert hoover. hoover has a mixed record on economic matters. in many ways, he was an admirable character and during the depression he responded poorly and believed that government intervention was the way to deal with the depression and all of this stuff happens in response to a perceived research whether it was the germans are going to get a airplane or the russian have a satellite. the difference here is that the depression was an emergency. to be charitable toward hoover and fdr, they were trying things that were not discredited. from hoover's point of view maybe it wasn't a terrible idea. it is the point at which the united states stops having a government and has a bang with the navy. tell us about how that got started and its sorry history. >> guest: that is true. the refinancing corporation comes into the existence because of the great depression. hoover did a lot of things that were problems. it was under hoover's administration that the income tax was hiked from 25% to 63%. so there was a

secretary of commerce herbert hoover called the flood the greatest peacetime calamity in the historythe country. the disaster was predictable. the mississippi had flooded before. local authorities attempted to provide flood control, but with uneven efforts. the levee system is only as strong as its weakest link. the building of dams could have prevented the flood. some legislators wanted to use federal funds. but they faced tough opposition on capitol hill. dams not only control floods, but they can be used to generate hydroelectric power. that presented a threat of competition to the private utilities. to justify the expenditure required to build these dams, electricity had to be sold. that would be produced by these hydroelectric units which were to be installed in the dams. that feature disturbed people who opposed tva. they thought that was a function the government ought not to engage in. the private utilities were successful in their opposition until 1933, when a new administration with an activist view of government's role came into power. franklin delano roosevelt created the

depression of 1929 that the secession of president and party through calvin coolidge through herbert hoover all of them allowed the bankers, who are their friends off of to do what they wanted to do because they believe this is an orton after world war i not just for financial power, but for america as a political superpower that if you had tanks that could expand to basically do what they said they needed to do to become strong themselves are not as good for america in general, which is the same that continues to exist there today that was very specific because of the postwar and the emergence of america the superpower. calvin coolidge did nothing to fool any of this. he was famously talking about how business in america is business, but also his treasury secretary -- the treasury secretary that served for harding and coolidge and hoover come into mallon was himself a banker in himself or leave it was important to allow the banking immunity to do what it needed to do, not having any real rules. the ultimate result of that was a tremendous amount of speculation after world war i that ultima

to poison the well with colmes, but if you ask colmes about obama, he will bring you back to herbert hooversome other republican. you voted for him twice, okay? you, i'm sure, when he was elected, thought he would do a good job. >> are you profound ely disappointed in him now? >> yes, yes, i am. i'm extreme ely disappointed in him. i should say i voted for him once. i actually didn't vote in the last election. because i really was so underwhelmed when w. my options. i didn't feel like standing in line just to vote for somebody who was never going to become president since i voted in d.c. anyway. >> powers, powers, wait, wait, wait. you could have written in my name. come on. >> gosh, why didn't i think of that there would have been a lot of people in dc writing in bill o'reilly i'm sure. >> sure there would. i am extreme ely disappointed him in i hear this all the time frank ely. very excited. >> poll numbers obviously. this v.a. thing, i think he doesn't recover from this. i don't think barack obama recovers from this. because it's just enough. critical mass has been reached for whatever r

herbert hoover promised a chicken in every pot, the man who will be india's next prime minister promisedet in every mommy. considering half of the 1.2 billion people living in india don't have one that's a pretty big public health platform. the way that narendra modi the leader of the hindu nationalist party india should build toilets before temples. why should you care? well, modi considered to be a fundamentalist hindu was criticized for not doing now stop the deaths of 1,000 people during a rash of anti-muslim riots in 2002 in the state where he at the time was governor. it was so bad that this man who will soon be the leader for about one sixth of the world's population he was not allowed to enter the united states in 2005. the bush administration denied him a visa. today the white house is welcoming modi with open arms. but the questions remain. who is this guy? what does he mean for his country and our economy. here to explain this to me is becky anderson live from new delhi. he started out selling tea at train stations. tell me more about narendra modi. >> reporter: i'll give it a

>> loring bigelow: i want to say herbert hoover. ( laughs ) i can't think of it. >> could not rememberanxious. >> stahl: the consensus here was likely alzheimer's, which presumes a brain with plaques and tangles. >> kawas: are we ready to hear the truth? >> stahl: only then do they open up dr. kim's report. >> plaques, zero. so, no plaques. >> oh, okay. ah. >> kawas: wow! >> no plaques. no cortical tangles anywhere. >> kawas: pretty amazing. >> stahl: what's amazing is they're finding that 40% of the time in people over 90, what doctors would think is alzheimer's isn't. in loring bigelow's brain, dr. kim found something else, something the 90-plus study is finding quite a bit-- evidence of tiny, microscopic strokes called micro-infarcts. his brain was full of them. >> kim: here is a micro-infarct. it's the hole... >> stahl: oh, right here. >> kim: ...which is basically a tiny stroke. >> kawas: so you've got all this tissue is missing. >> kim: if you find one, it suggests that you should probably look for others. and some patients may have hundreds or thousands of them. >> stahl: these

even if she's 69, she will be younger than the 90-year-old herbert hoover ideas. >> bob your take ons there more to come? >> sure. look, first of all, he lied about the lie. it's a lie she has brain cancer. then he said he didn't say it when he did. what else do you expect from a guy who flogged the weapons of mass destruction and helped steal florida for bush. i think the republicans will consistently do this to hillary from benghazi, to boko haram, they are afraid of her. they want to deter her from running or damage her, if they can. she leads every national poll against any republican possibility. she leads jeb bush in the most recent poll by eight or ten points in florida. i think this is going to have the opposite of their intended effect. i think it will strengthen her resolve, make it more likely she'll run. i believe she will run. i believe she will win and then the republicans can live for eight years with president hillary clinton. >> there's a stigma about mental health in america. i think this is a double down dirty dig by karl rove to say she has a -- it was reported sh

the crash of 229 we have the succession of presidents from harding from calvin coolidge through herbert hoover all of whom just allowed the bankers that were their friends also to do what they wanted to do because they believed this was important after world war i not just for financial power but for america's emergence as a political superpower that if you have banks that could expand that could basically do what they said they needed to do to become strong themselves, and that was good for america in general which is a theme that continues to exist through today and it was specific because of the emergence of america the superpower. calvin coolidge didn't do anything to support this. he was famously talking about how the business of america is business. also, the treasury secretary -- actually, the treasury secretary that served for harding and coolidge and hoover come and room allen, was himself a banker and himself the leave to doubt it was important to allow the banking communities to do what it needed to do which meant not having any rules and the ultimate result is that it tremendous am

crash on 1929, we had a succession of presidents, from harding through calvin coolidge, threw herbert hoover, all of whom allowed the bankers who were their friends also, to do what they wanted to do because they believed this was important after world war i, not just for financial power but for america's emergence as a political superpower. if you had banks who could expand and basically do what they said they needed to do to become strong that was good for america in general, which is actually a theme that continues to exist through today and that was specific because of the post war and the emergence of america the superpar. calvin coolidge did nothing to thwart any of this. he was famously talking about how the business of america is business, but also his treasury secretary the treasury secretary that served for harding and coolidge and hoover and andrew melon, was a banker and believed it was important to allow the banking community to do what it needed to do, which meant not having any real rules, and they also met results with a tremendous amount of speculation after world war i that

which brought to us if i remember history correctly and engineer herbert hoover. and of course hoover has a mixed record on matters economic. in many ways he was an admirable character and like a lot of people during the time of the depression he responded poorly. he believed that government intervention was the way to deal with the depression and all of this stuff of course happens in response to some ill perceived emergency whether the germans are going to get an airplane of the russians have a satellite and of course i'm sure you are familiar with work of robert higgs. you could always find an emergency if you are looking for one. the difference here is of course that the depression really was an emergency and to be charitable toward not only hoover but later fdr they were trying things that were not yet yet -- and we have historical experience now and honored economy explains why these things didn't work. again from hoover again from hoover's but again from hoover's point of view it didn't sound like a terrible idea so the reconstruction finance corp. is in my

modern era which is, of course, the finance corporation which was brought to us by an engineer, herbert hoover. of course hoover has a mixed record on matters of economic. in many ways he was an admirable character. like a lot of people during that time he responded poorly. he believed that government intervention was the way to deal with the depression and all the stuff always happens in response to some real or perceived emergency, whether it's the germans are going to get an airplane with the russians have a satellite and sure you're familiar with the work of robert higgs. you can always find an emergency if you're looking for one. the difference here is, of course, the depression really was a emergency and to be charitable toward not only hoover, but later fdr, they were trying things that were not yet discredited we have modern economic theory that explains why these things don't work. again, it may be not a terrible idea in my view the point at which the united states stops really having a government and now has a bank with the navy. so tell us about how the heck out started and what did

president herbert hoover, when he was secretary of commerce put together a vision of the associates ofrnment playing the role of convener, convening stakeholders on the internet to find ways to open up markets in health care and education. as applications on the right. >> do we have a risk of an anti-intellectual question crushing technological advancements? >> what you have opened up these opportunities, it can be impossible to turn off. the good news is that we will see rewards in decades to come. >> do ap courses matter? is the answer more physics? i'm amazed the kids today that don't take physics. >> it is just as important to understand the application. even if you don't want to take a physics course -- >> you are killing me. >> you have to have an opportunity for everyone to participate. physics't have to take as a senior in high school? >> from my point of view you don't have to take ap physics, you need an understanding of the basic elements of our society, but to get to the level of an advanced placement course? >> ethical's or something like that, we like to quote physics for

operation and improvement of space that persons, firms, or organizations use or occupy in the herbert c. hoover building, washington, d.c., or other buildings. up to $200,000 shall be credited to the appropriation which initially bears the cost of such services. section 106, nothing in this title shall be construed to prevent a grant recipient from deterring child pornography or any other unlawful activity over its networks. section 107, the administrator of the national oceanic and atmospheric administration is authorized to use with consent the land surfaces or instrumentality of the united states for purposes related to carrying out the responsibilities of any statute administered. section 108, the department shall provide a monthly report to the committees of the house and the senate on any official travel to china by any employee of the u.s. department, including the purpose of such travel. this title may be cited as the department of commerce appropriations act 2015. title 2, department of justice, general administration, salaries nd expenses, $103,851,000. the chair: the clerk will suspe