>> well, the comparison to make between kemp and ryan frankly is jack kemp circa 1980. dad was a congressman, elected in 1970 from western new york in a pretty balanced district. it certainly wasn't republican. and that's similar to where paul ryan comes from in wisconsin. he didn't win in a republican district. and paul learned how to speak to people regardless of their party. one of the lessons i think dad taught paul well, and you can see that paul really believes in this -- there is a quote that my dad always used. he attributed it to abraham lincoln had is not correct, you serve your party best when you serve your country first. that's what all of us in this country want to see in our politicians. i think that in 1980, dad would have been a great vice presidential nominee. he was the leader of the republicans in the house of representatives. that's what paul ryan is today. and i think the time is really right for governor romney and congressman ryan to lead this country into a bright 21st century that reestablishes our american exceptionalism and the foundations on

then, obama against jack ryan, harvard business school, dartmouth catholic, made hundreds of millions of dollars then left it in his 40s to teach in an inner city school in chicago but he did have one problem, he was divorced. so he'd released his tax records, and divorce records. one thing both and he his wife under seal were custody filings. ' accused her of having an affair. she says he took her to sex club that's drove her into arms of another man. so sex club allegations come out which he denied and five days later jack ryan is knocked out whochl does obama end up running against? alan keys, great man, no political april tu tud for running for senate. that is how he became a senator, so mccain, "new york times" have on the front page rumors about an affair they never got substantiation for. you will recall sara palin and todd palin. rumors about their marriage. and there is herman cain that were traced back to people david axelrod knew, making accusations against an american black, this is how obama wins. the secret plan. >> any other unnamed sources you want to quote on the prog

but they come out and then jack ryan is knocked out. and who does he run against? alan keyes, great man, no aptitude for running for senate. look at mccain -- new york times had on its front page rumors about an affair that they never got any substantiation for. you will also recall, sarar and todd palin, the rumors about their marriage. there was herman cain. >> sean: there is a follow-up here. >> the attacks on herman cain were traced directly back to people david axelrod knew, making hazy accusations against an actual american black -- unlike the kenyan -- because i hear it on good authority. this is how obama wins. his secret plan-- >>> do you have any other unnamed sources you want to quote. >> his secret plan is for the rom niece to divorce before the election. >> sean: all right. here's -- this is the key follow-up question to all of this. you listen to nbc, it's about dressage and the $900 shirt -- not the $6800 jacket that michelle obama was wearing. >> or the $600 gazillion deficit. >> sean: fair enough. a felony, war on women, anne romney never worked. t

> i don't understand -- why is that -- can we pause on jack ryan for a moment?> he didn't take his intern. he took his wife. she didn't like him, she divorced him. why is that a scandal? >> i certainly wouldn't be discussing other people's marriage. >> it's not a scandal, it's seedy. we don't like talking about seedy things as it relates to politici politicians. >> part of this idea that part of the reason he can't survive it, he is supposed to be the good -- >> back to the original point. two sides of this bagel. the upside could be what you just said in terms of the -- about the opportunities, right? purely from an opportunitistic standpoint, the other side, could he have a change of heart? >> zell miller went to the republican convention. >> there are scores of democrats that turned republican, but a score of vice versa. >> but -- truly there has been a score historically of democrats that turned republican. most did so because they were southern segregationists. >> that's true. >> it's a little odd to watch the black southerner become republican when histori

>>guest: well, the comparison, to make define kemp and ryan, frankly, jack concern is the time of 1980 was a congressman elected in 1970 from western new york. it was a pretty balanced district. it was not republican, certainly. that is similar to where paul ryan comes from, in wisconsin. he did not win in a republican district. paul learned how to speak to people regardless of their party. one of the lessons i think that dad taught paul, well, and you can see that paul really believes in this, there is a quote that my dad always used, attribute toddling link which happens to not be correct, but you serve your party best when you seven your country first. that's what all of us in this country want to see in our politicians. i think that in 1980 dad would have been a great vice presidential nominee. he was the leaders of the republicans in the house of representatives. that is what paul ryan is today. i think the time is really right for governor romney and congressman ryan to lead this country into a bright 21st century that reestablished our american exceptionalism and the foundations

tavis: you mentioned jack kemp. paul ryan says he is a jack kemp disciple. unless he was teaching you to different things come at your politics are not exactly the same. -- different things, your politics are not exactly the same. he is a bit more conservative than jack kemp. i do not see the kemp. i do not see that coming out of paul ryan. >> i think, paul is dealing with much different and much tougher circumstances in terms of the numbers and where we are an debt and deficits and are federal programs 6 cetera, but also -- programs, etc., but jack was in a huddle and he had black, white, red, brown with him. jack had a perspective that a lot of republicans do not have. i think paul learned at the feet of jack kemp, i do not think he has the same playing field that jack had to deal with. having said that, i still do not think you abandon the jack kemp principles. i do not think republicans as a whole, we say we have to reach down and create opportunities for the least of these. jack made a passionate argument about supply-side economics, but he also talked

critics call paul ryan a hopelessly impractical idealogue. is he reagan reincarnated or jackw poll from jz analytics that shows a romney first. support from more than 40% of the youth vote for rom new. gen-x'er paul ryan may have something to do with it. john, pleasure to see you again. what's up with this poll? this poll got my attention. 40% of the young people. obama had 66% last time around. what's going on here? >> got my attention, too. larry, we are not calling one poll a trend but it made me look. all year now obama's numbers have been going up and down. nowhere near the 66% he got. the problem for republicans is they were polling in the 20s and low 30s. this is the first poll conducted entirely after ryan was selected on the ticket. it was done all last weekend. essentially when i saw that 41% number, i started to wonder. is there some special appeal he has number one generationally? number two, you have a growing element of libertarianism, lack of trust in government among young people. >> let's stop for a second on paul riyan. it can't be a coincidence that he's ap

reapply our founding principles. >> there is a reason why we butted those two together, jack concern and paul ryan, the late jack kemp is a vice presidential candidate in 1996 and he was the inspiration for the reagan tax cuts, the great kemp and roth cuts. senator roth would say you meant the roth and kemp tax cuts but the big cuts in tax rates and they were huge cuts taxes, we went from a high of a top rate north of 70 bringing them down to 28 percent, think of just the magnitude of that, everyone said, well, we are going to fall apart, of course, it triggered an economic boom which we have never seen the lakes of in american history and this guy was probably a toddler at that time but he remembers his dad's revolution very well, and i am honored to have him today, jimmy kemp a great football player if his own right and does not obsess about all things buffalo bills. fine by me. i will say i was a huge fan of your dad, knew him for many, many years and admired his financial guts because people forget, at time he was talking about it they said it would be financial armageddon and they proved to b

that's what the market wants to hear the message that ryan has brought to the table. >> jack, most ofains from the june 4th low been before ryan joined the ticket but i want to talk about those gains. we're up between 10% and 12%. the vix down five year low. that suggests to me actually we're open if we don't get delivery from the ebc and the fed and policymakers are we open here to a fullback, pull back? >> absolutely. in fact whenever i see the volatility index gets under 15 the first thing i do i look for buying protection. if anybody is out there that doesn't have protection at these levels they should. we're at the upper end of the trading range. remember the last two times we've seen the market break, the third time might be the charm where we see that protection go up and we see the market continue. we're just very, very close to these four year highs but even closer if you think about it in a grand scheme of things to all time highs of less than 10% away. we could see that towards the end. year. >> mike, do you think better down side protection now is a good idea? >> i actuall

conservative intelligenceia. >> that's always been ryan's world and it still is ryan's base. >> i think it's interesting. i interviewed jackn a couple years ago. one of the thing he is predicted that he would be the chairman of ways and means, which is where he is now. which is really interesting, what he would say now. >> interesting stuff. we have a lot more to talk about with our panel. but first, trivia time! we asked, which politician used to greet former house speaker sam rayburn by kissing his bald head? you got a preview of the answer have harry smith. we always like when harry smith delivers the answer. he answered correctly. it was lyndon johnson. but he didn't have the art. as a fellow texas, rayburn initially took johnson under his wing in the house of representatives, guiding johnson's career in congress. in the late '50s and early '60s, johnson served as senate majority leader while rayburn was in the it up here for you. we'll be right back. a lot more with our panel. don't go anywhere. >>> we are here back with our esteemed panel. president obama dropping some basketball analogies last night at a fund-raiser

ryan's speech? >> you can roll your eyes at that part but i heard jack kemp andnalled everything ryan stands for withro growth politics. this was about introducing himself to the country. most of the country doesn't know who he is. for him to cite jack kemp from new york he believes in the same plux and pro growth ideas you do. >> i spoke today and we talked about jack kemp. uh miss him dearly. yeah, ryan cited kemp as the leader of the reagan tax reform. okay. but that would have been a perfect opportunity for ryan to have said, and we have pro growth tax reform. we have a 20% individual tax cut across the board and we have a 25% corporate tax cut down from 35% and we are going to exempt middle class people from capital gains. he mentioned kemp but not any kemp policies. i didn't like that either. >> you're sitting there with a checklist looking for this and that. the country was listening to the theme of the speech. ryan talked about individualism, entrepreneurship. he was about supporting small business, big businesses alike. rom uh any had the record of bain capital. this was a big picture speech

ryan, 42, is married and has three school-age children. he was a protege of former republican congressman and vice presidential candidate jack kemp. as elected to congress in 1998 and now is serving his seventh term. he became chair of the house budget committee last year after republicans took control following the 2010 midterm elections. in that role, ryan authored a buet that would require sweeping cs in federal spending, repeal the president's health care law, and impose changes for future medicare recipients to hold down costs. democrats say his proposals would gut medicare, but romney assured his audience in florida today that the republican ticket will "preserve and protect medicare." and in an interview sunday with cbs news' "60 minutes", he insisted his campaign would not be based on the ryan budget. >> well, i have my budget plan, as you know, that i've... i've put out, and that's the budget plan that we're going to run on. >> holman: still, in durham, north carolina, vice-president joe biden made it clear the budget issue is going to be front and center for democrats. >> no distinction between what the republican congres

ryan who entered the house in 1999 has risen quickly through republican ranks becoming chairman of the powerful house budget committee last year. he began his career as an aide to then jackv.p. pack in recent weeks on the strength of his popularity among grassroots conservatives. his esteemed right wing activists as a visionary and is considered an intellectual leader for the proposed budget. safety net programs like food stachs, cut hup dretds of billions of dollars and end medicare as we know it. the choice of ryan then would seem to be an attempt to bolster romney's standing among conservatives who have remaining skeptical of his credentials even at this late date. the announcement comes just two days after "the wall street journal" urged romney in an editorial to pick ryan to call him, the candidate that best exemplar fi fies the nation. he voted for the iraq war and there's much in ryan's record that contradicts his image as a reformer and deficit cutter that will leave him open to democrats. among other things he approved the $800 billion stimulus package and the auto bailout. i'm joined. it's great to have you gentlemen here this morning. welcome. >> good to be he

ryan many times. he says his mentor is jack kemp. that's part of paul ryan's political persona. as much as he talk budget he is a pro growth politician. >> we have to keep him on the supply side. >> yes, sir. >> thank you very much, buddy. we'll see you soon. all right. it's been a week since the addition of ryan to the romney ticket infusing the campaign with enthusiasm, tremendous crowds and a surging youth vote. my question tonight is will the debate around medicare and deficits divert attention from the number one issue which is economy and jobs as bob costa and i discussed. what's needed? my humble opinion, a clear republican kbrout plan. i mean clear. let's bring in former clinton white house aide, steve malanga, author of "shake down" the continuing conspiracy against the american taxpayer. cnbc contributor jennifer ruben, author of the right turn blog. are you worried? we have 8.3% unemployment. if you add discouraged workers it's 15%. as i said before the gallup poll shows a vast, far, huge margin people are worried more about the economy than they are worried about the

ryan. stay on that track. remember what ronald reagan and jack kemp taught us. growth solves almost all the problems. all right. let's bring in our ace political strategists. here now, veteran democratic strategist robert schrum and dick armie. dick, will ryan re-energize team romney with a bold message of economic growth and a mandate to govern? >> oh, yes. there is no doubt about it. the selection of paul ryan is a triumph of substance over ceremony, policy over politics. this is a man who understands the grieve use nature of the problems facing this country and has had the courage knowing the onslaught he would be faced with by the demagogues to step forward with a plan. bless his heart, it's nice to see somebody who dares to take on the big problems. he has an enthusiasm for getting things fixed that i think will affect the campaign. >> bob schrum, my friend, we have a great youtube clip playing to millions of viewers in this white house conference. paul ryan takes president obama to the cleaners on obamacare. so ryan must be your worst nightmare. >> no, actually. i half agree with dick. he does e

jack kemp and paul ryan. energy, charisma, and the obvious if you will, the happy warrior persona that they bring to politics. >> the happy warrior. diving, a phrase that was applied to fight and roosevelt. jack kemp was that true, happy warrior of free markets and enterprise and economic growth. we are now -- lou: rihanna talk about medicare we are talking about the advantage. we are talking about -- we are talking about the things in the weeds right now, medicare, entitlement, budgets, that i don't think anyone really thought we would get to for at least, if we did, another, well, their to. and here we are. and people across the media, whether business media, a popular media, having to contend with real issues and it hasn't even been a week. does that surprise you? >> not as a result of paul ryan. this man, unlike the camp reagan years where there was as certain to indifference to deficits, when america was really striving to get back on top. lou: we were not so well acquainted. >> with they got very big. we

one romney advisors said ryan really jacks him up. >> jeff: the republican convention begins one week from tomorrow. we know as you know that these are largely prepackaged events by this point. any surprises you're expecting. >> reporter: remember we used to talk about a brokered convention? this is the opposite of that. there is no surprises. but there is often a surprise at these convention. remember in 1992 pat buchanan's very fiery speech. that was something that kind of got people to sit up and take notice. of course barack obama in 2004. another mystery is how about governor romney will sell himself. this is an opportunity for him to reintroduce himself to the country. in 1992 bill clinton totally reframed his debate, his whole campaign when he introduced himself as the man from hope. we will see how governor romney does that. in the end this is a long commercial for the party. so will it be selling a positive vision or will this be four days of beating up on president obama. >> jeff: john dickerson, thank you. two men are presumed dead tonight after being swept away in raging f

a tax reduction plan that was put in place by paul ryan's mentor, jack kemp. so there was a plan that reagan stood behind. there's no such plan right now for governor romney, correct? >> i disagree with that. in 1986 there were a number of plants. five, maybe six major plans including vat, but others had forwarded their own plans. one thing that has worried me as a political analyst was beheading scene that kind of legislative activity over the past couple of years but in the last six months as the reality of the fiscal plans and the unacceptable economic conditions that produces become home to members of congress, we have seen members of congress stepping forward and starting to write their own pieces of legislation on it. we can follow something along the lines of paul simpso simpsonbowl-simpson. david: something we just saw by the downgrading of illinois, downgrading illinois i'm sure you saw. illinois tried to balance their budget by raising taxes. this may be a result of that the fact it has now been downgraded, it is not working. their neighbors indiana,

does paul ryan need to be for mitt romney? what jackse, you have to understand, mitt romney chose paul ryan to be a vice president. you have the situation where jack kemp was on the floor with the congress of the united states writing budget bills and working on tax relief for the american people. you have ryan, who is going to be in a different position but will be able to control that area of it as the vice president of the united states. what is nice about this is you will really have a working vice president. and what you have is this joining of mitt romney and paul ryan, working together, to help america, not working apart, and separate from each other, that is what is going to be great about the ticket and about the president and vice president going forward next year. >> alisyn: and michael, as one of the byproducts of the pick it somehow makes mitt romney seem like more of' risk-taker and somehow more exciting or somehow more bold that he was willing to make the pick. >> thank god. i mean, we have been waiting, mitt. and he did

what we're seeing in romney/ryan is what we might have seen had reagan picked kemp. >> yes. >> remember, jack kemp was the same type of conservative intellectual. that was the big paul ryan advocate this year. those people were jack kemp people in 1979 and 1980 and were dying for reagan to do it. maybe he didn't need it as perhaps romney needs this now. >> well, the one difference i would say is that they are both conservative on fiscal issues but jack kemp had deep roots in the african-american community. he had an urban constituency and jack kemp had a softer side, if you will, than paul ryan that we know of, at least. so far what we know of paul ryan is that even though he had working class roots and changes or rounds out the ticket in that respect, certainly in contrast to mitt romney, we don't know -- we don't know more, chuck, about his other policies and the other cuts in his budget. >> i think i'm now tossing to veronica back to our studios at msnbc. >> hi, chuck. i'm here. >> great. >> hi, here in the msnbc newsroom, wanted to recap what exactly has been happening tonight. nbc news n

after college, ryan worked with jack kemp, whom he called his mentor. jack kemp was a quarterback football star for the pittsburgh steelers and the buffalo bills. kemp also joined bob dole as his vice presidential running mate in 1996. mr. kemp championed tax cuts to bolster growth. he passed away in 2009. paul ryan is a roman catholic. he is married to janna little. and has three children. mrs. ryan is a lawyer. their home is in wisconsin. where ryan is a sportsman. he likes to hunt. he likes to fish. he likes to snowmobile. when congress is in session, congressman ryan stays in washington, and often sleeps in his capitol hill office. when his work piles up, paul with his in bethesda, maryland, just outside dc. question, how much of a boost does ryan give to the g.o.p. ticket? >> pat buchanan? >> he gave it a real boost, john. i think r-mitt romney was in a slew of derespond, if you will. he was dropping in the polls. he bringing youth. he bridges energy. he brings exciple. he energizes the conservative base of the party. he is a likeable young fellow.

ryan. he's like a young kent, i was jack kent's chairmanman in 19 199 -- 198. and this is a my sense is that you'll find the base of the party enthused. >> right. ed i was talking with bret baier and we're talking about maybe a surprise here, do you see surprises tomorrow morn something. >> it could happen. i have been around this game 40 years i remember when people went to bed in 1968, and thought richard nixon was picking bob dole. he came out and there is ronald reagan looking at that camp. wasn't interested in george bush three days later, george bush is the nominee. there are all changes and i think key thing is that any one of these will have great support. >> right. we're talking tonight about paul ryan going on the family vacation. carl says it's something normally happens, always happens this time of the year, do you see, do you read anything into that? >> no. absolutely not. and that is -- jet airlines wherever he goes. you'll get him back quick. >> always a way to get in touch. >> and a good thing if it is ryan. he doesn't need any training. he know

ryan who entered the house in 1999 has risen quickly through republican ranks becoming chairman of the powerful house budget committee last year. he began his career as an aide to then jack kemp. ryan surged to the front of the v.p. pack in recent weeks on the strength of his popularity among grassroots conservatives. his esteemed right wing activists as a visionary and is considered an intellectual leader for the proposed budget. safety net programs like food stachs, cut hup dretds of billions of dollars and end medicare as we know it. the choice of ryan then would seem to be an attempt to bolster romney's standing among conservatives who have remaining skeptical of his credentials even at this late date. the announcement comes just two days after "the wall street journal" urged romney in an editorial to pick ryan to call him, the candidate that best exemplar fi fies the nation. he voted for the iraq war and there's much in ryan's record that contradicts his image as a reformer and deficit cutter that will leave him open to democrats. among other things he approved the $800 billion stimulus package and the auto bailout. i'm joined. it's great to have you gentlemen here

tim ryan is jacked out of his mind, next friday night at 6:00. tiger woods will probably see some frog legs tonight after his first round at the bridge stone into invitational. he stuck the approach on 11. he would make birdie until 3 under par. he bogeyed three out of the past six holes. he drops back to even for the round. this potter on the other hand, he hits the deep putt for birdie on 17. one of three in a row. he shot 7 under 63 and has a two shot lead. the pga championship starts next week on cbs 5. there are thin skin o umpires and downright easily offended ones. he took offense to the song " three blind mice " played last night at a cubs game. >> ♪ three blind mice >> do not play three blind mice, turn the sound of for the rest of the night. >> he was ejected from the game. he was just ejected from the game!. that is awesome. >> the cubs in turn that played the song after a borderline call at first base. he expects to be fined by the league for playing it. >> he pointed directly at me and directed me out. i knew that i played the wrong

he was paul ryan's mentor when paul ryan finished college will one of the first jobs he did get was at empower america, worked with jackngressman from new york state and bill bennett, bill bennett standing by to share thoughts about paul ryan. but that doesn't mean we should be penalized for it. that's why liberty mutual insurance policies come standard with accident forgiveness, if you qualify. learn more at libertymutual.com. >> told the motorcade carrying mitt romney to this event in norfolk, virginia, near the "uss wisconsin," the battleship commissioned during world war ii is there. we're going to be hearing from mitt romney soon. he'll announce paul ryan the republican congressman from wisconsin is, in fact, his vice presidential running mate. our own candy crowley had a chance to reflect with paul ryan not too long ago about what it was like growing up, why he went into politics. listen to this. >> my grandfather was a doctor, uncle, i had doctors in my family. i looked up to them. then i got into chemistry and biology, it wasn't my aptitude. i didn't want to take years of that. i fell into economics. i'm a big

. >> and paul ryan is jacked. have you seen him?it's not boring. >> that's weird. he did. he did. he said last week -- he said his favorite band was rage against machine. >> jimmy: yeah. >> yeah. that rage against the machine. the first rage against the machine you thought of when i said that. that band. that's not boring. that's inexplicable, and that is not boring. [ laughter ] >> jimmy: well, how would you describe mitt romney then? >> i think he is -- i think he is awkward on a human level. in fact, i think the new dictionary definition of awkward should be mitt romney in a diner. [ laughter ] every time he walks into a diner, he does it the same way. well, he never walks. it's more he's pushed. it's just -- [ light laughter ] and he always -- he always says the same thing. you'll see this for the next two months. he starts walking around it's like, oh, what do we got here then? what's all this then? what's going on here? what's going on here then? and then you gradually realize, oh, that's a genuine question. [ laughter ] he do

ronald reaganreagan's tax cut, way was developed by jack kemp, who paul ryan workeded for. raised more people to middle class status. createded more jobs. you know, this is the core thing that liberals don't get. if you want to have jobs, you have to encourage job creators. if you discourage job creators, if you engage in class warfare, if you do what barack obama's been doing, you have what we currently have. this is the worst recovery in 75 years. now, nobody in the media seems to want to come to grips with the fact that the obama economic policy is a disaster for the poor. look at the unemployment rate for black teenagers. look at the unemployment rate for latino teenagers. at what point do we hold the president accountable for a policy that is crippling the poor in america by crushing the economy under big government? ryan and romney represent a different approach. and i think there's this mantra you guys almost sound like you're an extension of the obama campaign. the ryan/romney plan empowers middle class americans to get a job. when they get a job, their income goes

ryan. a disciple of jack kemp. you're being very tough on him. >> a protege of kemp. it's interesting. he says he read ayn rand so people think he's a libertarian. he's a protege of jack kemp. but he's more interested in spending reduction than growth. he virtually never talks about jobs. he voted for t.a.r.p., the bank bailout, medicare part d. the ryan budget doesn't stop deficit spending. it's a deficit budget. i agree with ron paul and governor johnson. either you cut spending by 1.4 trillion and balance the budget or we are headed for monetary collapse. >> before i let doug back in, ryan has a good tax reform plan. it would go to 10 and 25%. that's pro growth. he also has a corporate tax rate of 25% from pa%. now that's all very pro growth. that's kemp. that's laffer, kudlow, supply side. don't you think that gives him bonifieds? >> it's one element of it. he spans the washington, d.c. republican globe. he's more interested in the deficit bomb in the spending issue overall. he's not a libertarian. as far as his foreign policy views, afghanistan, iraq, the patriot act. the national