summer of 1972, 40 years ago the watergate break-in, the massacre of israeli athletes at the houstonnish olympics, we were wearing mutton chop side burns and bell bottoms. chris: welcome back. 340 years ago the summer of 1972, the watergate break-in, the massacre of israeli athletes at the munich olympics, the mcgovern campaign and a lot of bad clothes. this week's big question -- what is the lasting effect from the summer of 1972. john harris, the cultural question this week. >> i think the emergence of institution press power which had its hey day in 1972 and 20 years after. we see its sun set. chris: watergate. >> and what the washington folks did and the institutional media generally, cbs, "new york times." chris: "time magazine." >> we represent the diffusion of press power. chris: katty kay, 1972. >> i'm so glad it wasn't the bell bottoms and the side burns. on american culture and psyche, watergate, the impact that that had and the lack of trust. >> three for watergate. i mean whether you're thinking erin or julian, the long term implications are huge. people forget just a year earlier, 19