as for the relationship with john o'neill it hindered the investigation a little bit. but i don't make the claim it could have prevented the attack on 9/11 or provide additional information from that country that could have stopped the attack. the information that could have stopped the attack was in the united states. wasn't in yemen. >> host: who was john o'neill and what was your relationship with him? >> guest: he was a legend. he was really high up in the fbi. when i met him he was a special agent in charge of national security handling terrorism and counterintelligence for the new york office, biggest fbi office in the nation. john was an interesting character. he is still considered a legend. you could make movies on him. very hard worker day and night. his life was connected to the fbi. i was so lucky that john saw something in the early on and took me under his wing. i learned a lot from him. one first things i learned from him that there is big danger from a person named osama bin laden and al qaeda and eventually they will hit at home. unfortunately john liv

listen to -- as bill clinton listened to newt gingrich, ronald reagan listened to tip o'neill, he refuses to listen to johnhner. you may not think of him as the commander in chief, but as the arrogant in chief. megyn: not is fan is where i'm getting! gleaning from your comments. thank you michael. we want to tell the world about your tweet, told you so about christie. i don't have to vote for obama, republicans, quit your whining and vote for your candidate. we'll leave it there. >> thank you. megyn: we have breaking news coming in on a sniper on the loose, targeting cars on a california freeway. just ahead, new details from a police briefing. that is just chilling. >>> plus, did the attorney general lie to congress about a gun running sting gone wrong? the justice department now says congress misunderstood his answer. we will lay out the evidence and let you decide who's telling the truth. >> did you first know about the program officially i believe called fast & furious? >> i'm not sure of the exact date but i probably heard about fast & furious for the first time over the last few weeks. than him stayin

o'neil. i want to get back to that. >> you've known the speaker of the house, john boehner and i've known him a long time, he worked withwas going to use family friendly, why can't they get along? >> i worked in1973, there weren't many present members there, only one senator. what the congresswoman is suggesting to have a beer is a positive thing, not because you need the alcohol, used to be a place for social events, you fight all day long and at night you go to dinner and sit down. there were no haters. there were fighters but you weren't haters. it was plenty partisan the days of tip o'neil and ronald reagan, it was plenty partisan but never hate. my sense today a lot of hate and a lot at stake. we need to have some socialized, give up a little bit on both sides. at the end of the day, do what's in the best interests of the american public. >> i will jump in here and say something that will be unpopular. to a certain extent, i'm sorry, america, you the voter, you have to take responsibility in this. this is one reason why they don't get along. you look back over what happened in this republican primaries the last tim

o'neill moment. he said it. he walked up to john boehner here's a $4 trillion plan. let's go big.ke reagan who okay a deficit reduction deal of 2-1 spending cuts, he had 1-1 in the first one, we've seen every republican on stage at the debate saying they would walkway from a plan that would be 10-1. can you negotiate if one side says absolutely 1,000% the signature part of what you want to do we do not accept as a pre-condition of negotiations. >> not that i want to disagree with you at this time of day because it's very difficult to do that. have enough caffeine i system, as i can tell. >> let me give you another example. on thursday night in the major debt ceiling crisis, okay, there was a tentative agreement between john boehner, representing the republicans, and the president, to take $800 billion out of the tax code for all special privileges and use that to simplify the tax code. that was the preliminary agreement. the next morning the president comes into the meeting and says, i want another $40 0 billion at which point the deal craters. now, you could pick these things apa

john f. kennedy, enacted under lyndon johnson, cut the top rate to 70%. in 1981 under reagan it was cut to 50%. in 1986, when reagan and tip o'neillade a grand bargain, it was cut to 28 percent signed. and each time they cut their rates, what they did is they got rid of a bunch of loopholes. for instance, in the 1950's when you had a 93% tax rate, all interest costs were deductible, regardless of what you borrow the money for. -- borrowed the money for. the improved tax situation called the economy to improve, revenues wentenment up. host: rick is the first calller on this, a republican in middletown, new york. you were on the air. caller: i was wondering if you could tell us if you have ever ridden -- read the book, the one that ron paul pushes a lot? i believe the federal reserve and the income tax reserve was enacted at the same time in 1913, and the holding with , could you street' tell me your points on ron paul, if he is talking accurate? i appreciate your -- host: if the history of the federal reserve. to coincide with the tax? coincide with the tax? guest: yes, it did, but that was coincidental. the only with the panic was

myself in frank and john hilley, where we met with domenici and kasich and the democrats, we were all there. and what that loud for was the same thing that happened in 1983, with tip o'neill agreement and everybody knows i know there'll be political cover on both side and i know both houses support that. so whether or not the negotiations over the summer or whether the super committee bears fruit, that is still the most promising way to get an agreement and i think 97 really showed that. i think the other positive is one that does happen, you do build a bit of personal trust and that can seem hard to believe at times and people are such tough adversaries. but you do work together and not just create windows that open. i think the fact that sometimes we had to work together on some of the trade agreements built a certain report. i think the report about us when we passed the new markets tax credit to reach out to speaker hastert and pass something in 2000 in an election year with the support of the speaker of the house that is not tens and tens of tax incentives and the low income communities that henry sought to shield by secretary of hud. i think that we went through the