both jim baker and by president george h.w. bush. and it's one of the reasons why that is one of the 12 chapters that i highlight and why his preface to my book is so important as you can guess, we're talking about diplomacy and foreign policy. the numbers are up on the screen. go ahead and dial in if you would like to talk was to eizenstat, former ambassador to the european union, former chief domestic policy adviser to president jimmy carter, and in fact, when you were in the white house, the camp david accords were signed. but you were working on domestic policy at that time. well, yes, i was. but i had a significant role in that because i was the official back channel between the president and the israeli embassy transmitting, in effect, secret views of where the israeli prime minister bacon, was going to come, giving them a view of where carter was going to come. and then i actually negotiated a part of the treaty with egypt and israel dealing with giving israel access to the oil that it would lose by moving out of the egyptian

bush and jim baker did when the berlin wall fell. second, his courage, not the courage to have battlefield but the courage to c take risks for peace and negotiations, we saw that going to jerusalem with the crown prince to have uae and the abraham accords. we saw that in northern ireland with the catholic and protestant communities, the nationalists and unionists, finally decided that enough violence was enough, broke from the political bases to make peace.ra third is preparation. there's no substitute for being prepared for b knowing more abot the issues than anybody else at the negotiating tablele so you n come up with creative compromises. next is the ability and this may seem likeem an unusual one to listen, not just tost speak buto hear the other side, to put yourself in their shoes it is what larry summers calls unsympathetic empathy so that you appreciate what they have to get out of an agreement in order for you to succeed as well. next isld to build trust through personal relationships, the perfectt example was jim baker spe

so reagan won overwhelmingly overwhelming election and why did he pick jim baker who had not been part of his club close supporters in? california was not really that well known to reagan. did he pick reagan? why did he pick jim to be his chief of staff? well, in some ways picking jim baker, i would argue, was the most important decision his entire presidency. and it was a sign again, why picking baker's best friend, george bush as vice again, it was a sign of how reagan was, because as you said, baker had no relationship. reagan and far from having a relationship with them, he had worked against reagan twice in 76 and 80 to try to deny him the nomination. and normally presidents do not. their opponents campaign manager as white house chief of staff. and so the assumption was he was going to appoint ed, who was his chief of staff in sacramento. but mike deaver and stu spencer, to reagan aides realize that meese was not organized enough, didn't understand enough, was not effective enough to be effective. white house chief of staff and they went to nancy reagan and. they went to ronald r

so reagan won overwhelmingly overwhelming election and why did he pick jim baker who had not been part of his club close supporters in? california was not really that well known to reagan. did he pick reagan? why did he pick jim to be his chief of staff? well, in some ways picking jim baker, i would argue, was the most important decision his entire presidency. and it was a sign again, why picking baker's best friend, george bush as vice again, it was a sign of how reagan was, because as you said, baker had no relationship. reagan and far from having a relationship with them, he had worked against reagan twice in 76 and 80 to try to deny him the nomination. and normally presidents do not. their opponents campaign manager as white house chief of staff. and so the assumption was he was going to appoint ed, who was his chief of staff in sacramento. but mike deaver and stu spencer, to reagan aides realize that meese was not organized enough, didn't understand enough, was not effective enough to be effective. white house chief of staff and they went to nancy reagan and. they went to ronald r

jim baker is a hero as walt disney. he outwardly calls and want to create a christian version of disneyland and heritage usa becomes the third most attended amusement park in the 1970s and 1980s only behind disney world in florida and disneyland here in orange county. i love looking at these maps here. here is a picture of heritage usa. here is a map of disneyland the same year. you can see jim baker is taking a lot of inspiration about what he wants a pleasure community for christians to look like and jim baker's religious theme park has a jerusalem amphitheater, christian stores, and the massive waterpark. to give you an example, and this is a lot of text, but i want to redo what a social theorist imagines how many christians understood the ideal of life in the day in the 1970s christian family. in the morning, husband and wife wake up to an evangelical service on the local christian owned and operated radio station. let's keep track of how many places this family goes to. the husband leaves for work to start off his

you can see jim baker's taking a lot of inspiration about what he wants. a pleasure community for christians to look like. right. and jim baker's religious theme park has a jerusalem ampitheater a christian stores, christian cafeterias and a massive, massive water park. now you got to give you an example, and this is a lot of text. i apologize, guys. i promise i won't talk about every single one of these things, but i want to read you what a social theorist, jeremy rifkin kind of imagines how many christians understand the ideal life in the day of a 1970s christian family in the morning, husband and wife wake up to an evangelical service on their local christian owned and operated radio station. let's keep track of how many christian places these this family goes to, right? the huav for wor while he will start off his day at a businessmen's prayer breakfast. th evangelicbuled the children off to a christian day school. at midmorning, she relaxes in front of a tv set and turns on her favorite christian soap opera. later in the afternoon, while the christian

no, jim baker, meaning the name of the the you can to to by not look the shovel. how do you do any as of to well, kind of just copy, put the table and you will the who is the, the local, who is god, who will you know, plus vonsha. hi. and if nature one and a good in the schedule for the you know, the whole would you always been but because they how would you go with the district? i'll go ahead and put your film. that's good. i'm a vehicle. come into play. nothing to do with i'm as yet, it's all good. and could you call me? i know one us. it says one to she has been, jo does not know a degree of us do. so what do you want to watch on and how kind of has it the mission of sort of the gym and the tenant and vision had kind of, has some vision, submit the one who's just seen over. she do our bridge if you are, but i'm sure i can. i'm upset or is it that you have us here? i'm going to keep going to benefit this out with you. the so people should that she will know what pacific are there's nothing. ivan garcia and he pushed the body to the video and then how did the hus

it was just -- it was nonsense really, you know, jim baker says, if they've been elected would you call mr. president, mr. vice president so it fell apart and reagan was out of options. the one option i wish he'd thought of, i wish he'd thought of to go to '76 choice, really,m really good man, senator from pennsylvania and he changed dramatically when he was reagan's running mate in '76 he was a moderate republican senator although he was great on captive nations, he was pro-life, he was prosecond amendment, he was weak on labor issues but that's understandable being from pennsylvania. but he had changed radically in those four years. he'd become a very good conservative by 1980 and i wish i'd been there in bush's suite with hannah, dick alan and all those, mike and others, i wish i said, it had already been tested, already been vetted, right, and good guys, wonderful family, there's no -- there's no downside and it'll help unifyon the convention. >> now we know what you should have said in new hampshire. >> detroit. >> but anyway, is that i'm sorrt back to paul's question, what was the

you know, jim baker later told me -- [laughter] he said if they'd been elected, would you call ford mr president, mr. vice president or many vice president, mr. presidentsome -- mr. vice president, mr. president? [laughter] so it fell apart. reagan was out of options. jack kemp was to young. the one option i wish he'd thought of, i wish he'd thought of was to go back to his '76 choice, dicky schweiker. really, really good man, senator from pennsylvania. and he changed dramatically. when he wasra reagan's running mate inng '76, he was a moderate republican senator although he was great on cap ative nations, he n was pro-life, he was pro-second amendment. he was weak on labor issues, but that's understandable being from pennsylvania. but he had changed radically in those four years. he'd become a very good conservative by 19800, and i wish i'd been there in bush's suite with haniford and dickal allen and said to governor reagan, take dick schweiker because he's already been vetted, right in he's a good guy. he's got a wonderful family. there's no downside. it'll help unify the convention

you know, jim baker later, he said he says if they been elected, would you call ford mr. president, mr. vice president, be mr. vice president. mr. president. so fell apart and reagan was out of options. jack kemp was too young. the one option i wish he'd thought of. i wish he thought it was to go back to a 76 choice. the schweiker really, really good man senator from pennsylvania. and he dramatically when he was reagan's running mate in 76, he was he a moderate republican senator, although he was great on captive nations, was pro-life. he was pro-second amendment. he was weak on labor issues. but that's understandable. being from pennsylvania. but he had changed radically in those four years, he'd become a very good conservative by 1980. and i wish i'd been there in bush's suite, you know, with hannaford and -- allen, all those mike and others i wish i said, you know, said reagan picked schweiker because already been tested. you've been vetted. right. and he's a good guy and he's got a wonderful family. he's got there's no you a no downside and it'll help unify the conven

both jim baker and by president george h.w. bush. and it's one of the reasons why that is one of the 12 chapters that i highlight and why his preface to my book is so important as you can guess, we're talking about diplomacy and foreign policy. the numbers are up on the screen. go ahead and dial in if you would like to talk was to eizenstat, former ambassador to the european union, former chief domestic policy adviser to president jimmy carter, and in fact, when you were in the white house, the camp david accords were signed. but you were working on domestic policy at that time. well, yes, i was. but i had a significant role in that because i was the official back channel between the president and the israeli embassy transmitting, in effect, secret views of where the israeli prime minister bacon, was going to come, giving them a view of where carter was going to come. and then i actually negotiated a part of the treaty with egypt and israel dealing with giving israel access to the oil that it would lose by moving out of the egyptian

influence, richard nixon famously tried to influence arthur burns during the 1972 election cycle with jim baker structurally it's maintained its independence. lisa: let's talk about some fed policy. -- annmarie: let's talk about some fed policy. singing wood bench live a better gut feeling. he said chair powell tends to be lean on things and gets things too early or too late. he says he would have this feeling that potentially he would be a better fed chair because of that. do you agree with where the fed is right now or do you think they should be cutting? and if so do you think it would be political to take this cut in september? rep. hill: chairman powell says they are data-dependent and i think that's good. but i think the way to avoid these kinds of fights without much assurance of what works from the other is out of rules-based monetary policy. a so-called john taylor rule, we worked together on the white house staff in the 90's. the so-called taylor rule would make a range of mathematical recommendations on the targeting of short rates i the fed as opposed to it being just a group of ind

jim hamilton asking if you discussed this issue. -- he discussed this issue. i have a video id -- i did in the howard bigger room -- baker room. here is a clip on what happened from jim hamilton's recollection. >> when sam called me saturday morning, july 14, he said, let's go tell john dean what we have learned. a little later, sandpaper be up -- sam picked me up and we drove to his townhouse in alexandria, rick perry -- virginia. sam and his wife met us at the front door and sam had a quizzical look on his face because he didn't know what the point of this visit was. we went upstairs to their living room and john and his wife sat on the couch and sam sat on the couch and i stood on the metal piece ride could look -- mezzo please where i could look at john because i wanted to see john's reaction when sam told him that we knew enough that the tape existed. when sam finally did, john broke into a wide smile because he knew the tapes essentially were going to confirm his testimony about president nixon. as john recounted in his book, he said to sam, sam, do you know what this means if you get those conversations? it would mean my

assembling this program, i've got a hold of jim hamilton to ask him if he'd ever really discussed this issue. he said, matter of fact, i have a video i did in the howard baker room of the university of tennessee and i'll be happy to send you up a transcript of it or a video of it. so here is a little clip from what happened from jim hamilton's recollection of these events. >> when sam dash called me early saturday morning, july 14th, he said let's go tell john dean what we've just learned. and a little later, sam picked me up and we drove to dean's town house in alexandria, virginia. john and his glamorous wife, the always put together, met us at the front door. john had a quizzical look on his face, he didn't yet know what the purpose of the visit was. so we went upstairs to their living room and they sat on a couch and after some preliminary conversation, sam sat down to the left and i stood before john and mo before the mantlepiece where i could look directly at john. i wanted to see john's reaction when we told him about what we knew about the taping system. when sam finally did, john broke into a wide smile for he knew that the tapes essentially were g

jim hamilton to ask him if he ever really discuss this issue. he said a matter off a fact i have a video that i did in the howard baker realm of the university of see and i'll be happy to send you a transcript of it or a video of it. here's a little clip from what happened o from jim hamilton's recollection of these events. >> when he called me early saturday morning july 14, he said let's go tell john dean what we just learned in a little later sam picked me up and we drove to dean's townhouse in alexandria, virginia, john and his glamorous wife, always well put together mode met us at the front door and shawn had a quizzical look in his face because he did not yet know what the purpose of the visit was. so we went upstairs to the living room and john and bowe sat on a couch and after put them in a conversation sam sat down to the left and i stood before john and bowe by a metal piece where i could look directly at john because i wanted to see john's reaction when sam told him what we knew about the taping system. when sam finally did, john broke into a wide smile. he knew that the tapes essentially would confirm his damning testimony about pre

. >> united states jim is getting close to a dangerous point where we're violating us. former secretary of state bakers rule that would united states should never want a deal more than the protagonist and i would say that's where we are israel has not put a priority on getting the hostages back and wants to continue to downgrade the hamas is military capability. it has no end for what would come after while hamas is willing to continue to sacrifice to the people of gaza. and seems to think along war will further isolate israel. so i'm not sure where the optimism comes from right now. >> the other james baker role of course, was dead cat diplomacy. the idea being that it's becomes less about a deal. then putting the blame the dead cat, cat on someone else's doorstep. but i wonder if you you fear that we're entering that phase of this thank the answer is maybe in which case there'll be a lot of blame to go around. >> everyone will be pointing fingers at everybody else. but let's take it another way. just saying, you know, are pessimism is wrong and we do get a deal it's not a solution. there's still fund

my baker daughter can't afford to bake without walmart. >> that's good to know, jim.ood to know. >> it explains these all-time highs and the fact that it's the best dow stock of the year. speaking of markets, jim, let's get to futures. this higher open. there's some discussion about years in which you have had an eight-day win streak, and since 2011, they're all 20-plus percent years. >> i looked at 2004, the last one, and it is quite encouraging. now, it's not as big a percentage gauge you might necessarily want, but what it is, they tend to be harbingers of a new cycle. 2004 became proflifgacy. i think we're going get a hiccup, but we charge ahead. i think that september, i'm not going against the prognosticators who say september is tough, because it is. but we could be okay here. >> yeah. jpm desk today looking at years in which you had a ten-day loss of at least 6% followed by a ten-day gain of at least 8%. a year later, you're up 20, 25%. >> look, i think cycle work is good. larry williams, we were doing some cycle work, he's a great market historian, and he sai

the meeting, baker flew back to the us to report back to his boss and a good friend, president george h. w. bush. bush, however, was anything but impressed with the proposal, the bush says, jim, i'm disappointed in you. i don't think we should negotiate about the future of nato . i think nato just won the cold war. i think nato is great just the way it is. so we're not going to do that. and you need to let people know. so one of my more interesting discoveries was a letter that baker then wrote to the west german 4 and ministry at the end of february, saying, i'm sorry, i should have said that i've caused confusion. we need to stop talking about this. and after that, this offer disappears from you american negotiating position. 2 weeks later, bush invited west german chancellor, helmut kohl and his wife to camp david the us presidents, country residence bush said to call pretty much the same thing. but he said to james baker, we're not going to negotiate or the future of nato to help with that. that's a direct quote to help with that. and coal responded ok. the corporate job is going to want something in exchange for his burdening tips and goals. coal thought about it and sa