we did descend from this guy, john cashin, but inconveniently, he was a slave owner. and not only was he a slave owner, the father of my great grandfather -- >> herschel's father. >> herschel's father. that guy's father who was also named john was one of the more prominent slave owners in augusta. so here i have to contend with not only did i descend from slavery, but, you know, i descended from wealth, considerable wealth born of slavery, and i could tie my family's history of relative advantage, you know, four generations of educated people. my great grandfather was, had a classical education in philadelphia at the institute for colored youth and became a lawyer. i can tie that to wealth born of slavery which was new in the revelation. and i reconciled myself to that history by what my great grandfather chose to do with that. he chose to go back to the south which he didn't have to, and he chose to work for the uplift of people of color. and he chose to identify with people of color when, in fact, several of his siblings were pale enough to pass, and they did pass. s

galore was this guy john cashin and his brother james came over to the u.s. during the potato famine and that one was a slave owner and one was not and we descended from the benevolent who was not true. we did dissent from this guy john cashin but inconveniently he was a slave owner and not only was he a slave owner, the father of my great-grandfather great-grandfather -- hershel's father, that guy's father who was also named john, was one of the more prominent slaveowners. so here i have to contend with not only did i dissent from slavery but i descended from considerable wealth, born of slavery and i could tide my family's history of relative advantage to four generations of educated people. my great-grandfather was -- had a classical education in philadelphia and became a lawyer. at the time it was new and a revelation and i reconciled myself to that by what my grandfather, great-grandfather chose to do with that. he chose to go back to the south which he didn't have to and he chose to work for people of color. he chose to identify with people of color whe

cashin' in. >> we have wayne, and johnathon and lori . john, and joining us is emit. and welcome to all of you . lori, i want to start with you. they are planning to create cities that are private in honduras. this will save us money. >> the united states is going broke. we are watching one city after another going bankrupt and politicians not reigning in the spending . cities are losing funding from the state as well as the federal government. why in the bring in private enterprise. they have all of the carb and they can maintain levels of risk. gost is notorous for running business badly. >> what do you think. you think it is making them private. >> you am see a privatization waive in america. they are weighing in on the tol road and airports and turn into a private sector option. that's going to happen because of the budget. cities get 41 percent half of the revenue from the state. >> the state gets 36 percent from the government. the cities in san bernardino they are firing school crossing guards because they don't have the money. >> they have 12 cones in oregon a

cashin' in". we have wayne rogers, jonathan, tracy burns, john, and joining us this week, sally cohen is with us. welcome. tracy, you say this talk of nations coming together to rescue europe is bad for taxpayers in this country. >> cheryl, this whole kumbaya stuff is expensive. we send money to the imf, they send it to europe. is anybody in europe paying attention to the austerity measures? no. everyone keeps saying he did it. no one takes any blame for anything anymore, including here at home. we keep bailing our own selves out. it has to stop or no one is going to fix anything. why should you when you just expect the check is coming in the mail. >> should we be bailing out europe, in fact, because what happens over there keeps killing our markets here. it's been nothing but problems for two years. >> the problem with europe started by greece, they lied about their debt, they never had that 3% level you're supposed to have to get in the e.u. so they don't have anything to go back to. and right now angela merkel is trying to bail out her own banks through this huge imf bailout. the same thing th