let me let me i want to wouldn't let me ask you a question. here on this morning because we're out in the bay we are in. the caribbean the cyclists staying there again we're in disarray we're being talked about surveillance me. i. to ensure that banks have sufficient cash on hand that there are requirements for the level of capital that banks need to set aside the bigger this buffer the better a bank can weather financial turbulence there are different proposals for determining capital requirements one proposal is to use a percentage of a bank's total assets and another is to weight each asset according to risk under current risk weighted assets rules the holding government that is considered to have zero risk earlier i sat down with former f.d.i.c chairwoman sheila bair and asked about the incentives the banks have to increase holdings of sovereign debt. there's absolutely a strong incentive it's more for g.s.t. security sirrah because the fannie and freddie securities or because they're implicitly government explicitly government back to thi

bush toppled his own building what do you think is behind nine eleven let me ask you that question who was behind nine eleven i think let me ask you a question i when you as i do you find nine eleven mr kuchel i mean ask answer me example question who is behind nine eleven i give you the courtesy of being on your show you should give me the courtesy of answering one simple question of ok i'm leaving behind i hate i do you tend to believe in this conventional narrative of al qaeda and osama bin laden being behind. that tragic and qur'an this attack but the question is whether the death of those people justified hundreds of of thousands. people who were killed after wards and i don't think the goals that were sat out before that who were actually achieved during that war and that's the biggest problem and you've been very critical of radical groups trying to impose that point of view and i totally agree with you but i think the way and the means the democracies employ i don't much better i disagree if you equate barbarism and religious fundamentalism with the principles of democracy i th

ethan, let me ask you this. you know, in california, there are a number of offenses, drug possession offenses, that are punished already as misdemeanors. i think met amphetamine, p.c.p., i think valium, certain steroids, and yet we treat as felonies, the possession of cocaine and heroin as felonies. did you see this kind of discrepancy in the other states that your organization has worked to -- >> matt, if i could, i think the perspective i could offer would be more useful in that is really putting what the u.s. is doing, california is doing in a more global perspective. because what one sees around the world is a growing number of countries that are choosing to decriminalize the possession of all drugs, when the proposals now are merging -- new jersey did this a few years ago in a small way, colombia, argentina, ecuador, guatemala, some with right wing governments, very tough on crime, and in europe, similarly. it's not generally the standards to be putting people behind bars for a possession of any drug in smal

it so let me ask you so we're not spending enough right now and your prescription would be to spend more money to cure this unemployment problem. well what i'm saying is the deficit is too low so you can either cut taxes or increase spending well the government spending is that necessarily productive spending or is it just consumptive spending because it seems that the government could just build potemkin villages the way china is and yes it would put people to work but would that really solve problems. ok so no question about it what you're saying is absolutely correctly the government could spend money to build the panama canal an improved terms of trade in costs and you know world prosperity arcade spend money and blow up the panama canal which would destroy world trade right so we're talking about two different things one is the problem of unemployment which is people looking for paid work who can't find just because you solve that problem and others work for everyone doesn't mean you have anything near an optimal solution of how to allocate your resources which is to your point what

ok and let me ask you there are primary dealers who transact with the treasury directly and they also transact with the fed would you go so far as to say that these big banks and brokers like j.p. morgan and goldman sachs are part of the government given their roles in purchasing government debt. i would say as banks they are agents of government even without that particular role ok because they are at government charters all their liabilities are insured directly or indirectly and they're operating under strict regulatory environment where other assets are regulated and they're public much like the military is and much like the military they have rules of engagement where the soldier can point his rifle where every wasp at the same time he's still you know a government agent and so actors have the ability to price risks in order to make return for a private investors but. they have fairly narrow rules of engagement and they're operating under strict regulation and supervision over there i'm sorry i consider public sector entities ok and would let's extend that a little bit a lot of c

here for him to do that. >> let me ask you about that.hought it was interesting that congresswoman was saying fo ichb the midst of the debate about border enforcement, the president could reassure republicans and put in a law and order type as secretary of i homeland security.>> do you think that's true or do you think distrust by republicans of barack obama by republicans won't care. >> believe me, we did what the j president asked us to do and should have done what the president asked us to do, and this isn't just generalized distrust. in the last two weeks, the president has weighed in major s proposals of a piece of legislation he likes, obama care. can anyone believe he won't waive aspects of the legislation he doesn't like for border en security? of rity? deportations under obama. >> wait, i have to bring this mt in, congresswoman, you want to talk about the subject in ng general. number of names have been nd mentioned as possible replacements for janet napolitano as secretary of homeland security.e are you interested in the job?t i

reputations and have a v able folks. >> so there is an opportunity for him to do that. >> chris: let me ask youut that. i thought it was interesting that congresswoman was saying about border enforcement he could put a real law in type of do you think that is true or the distrust by republicans of barack obama is they don't care who is in the job? >> i think that is right. we can what the president asked us to do. again, this isn't just generalized distrust. just in the last two weeks, he has raised major proposals obamacare. can anybody that that she note going to wave pieces of legislation he doesn't like. border security? >> there have been very high deportations under president obama. >> chris: i've got bring this in. a number of names have been mentioned as possible replacements including janet napolitano secretary homeland security including yours. are you interested in the job? >> i have a plum job heading the wilson center. there are lots of good names out there. >> chris: you didn't answer the question. would you take it? are you interested? >> i am interested in keeping the job i got,

. >> schieffer: let me ask you this, mr. chairman, what would happen if they stopped doing this, if they stopped collecting these phone numbers and storing them there, where they can check them against these terrorist calls? what, in your view, would happen? >> well, we are going to miss somethingly, and exactly what happened on 9/11. what happened on 9/11, a known terrorist safe house calls in to the united states to talk to a terrorist living amongst us. we'll miss that. we will miss that connection between what's happening here and overseas. and remember, terrorists now use the same communication system in america that we do. so they're intermingled with us, which makes it incredibly difficult. what you're doing is taking away the one tool that we know will allow us to-- nexus between a foreign terrorist overseas talking to somebody in the united states. that's how they stopped the bombing in new york from three people with bombs in backpacks from getting on the subway system. it has-- saved real lives. i mean, real folks

let me ask you this question. >> sure. >> i understand you don't like the verdict. that's fine. people are going to have an honest disagreement. >> sean, hang on. >> i want to make sure that we get. >> you cannot deny justice was served. >> go ahead. >> a jury of his peers rendered a verdict not guilty. why won't you respect the verdict? >> sure. sean. you cannot deny in this country race relations are so raw. you're a protector of the amendments. there's a first amendment that says people have the rile to peaceful petition. this is something that they need to do. not just this verdict. so many young black men are profiled in this country and shot and killed and the killer walks free every time. >> you're not answering my question. the verdict was not guilty. the fbi says no evidence. as a matter of fact, a mountain of evidence that says george zimmerman had nonanimosity. why are you insisting on it? >> i'll be honest. keep investigating. leash no stone unturned. is there a basis for -- they need to make sure the investigation is complete. >> he's absolutely right, sean. i mean

that's very important. >> let me just -- we have ten seconds left. let me just ask you.e have ten seconds left. you are very much opposed to cutting off u.s. military aid to egypt? >> the administration needs to make the case as to why we should suspend the aid. i encourage supporting the military in egypt, which is the most stabilizing factor. >> it's always good to talk with you, sir. >> thanks, chris. >>> up next, george zimmerman is found not guilty in the death of trayvon martin. whether this case should have ever been prosecuted. : help the gulf recover, and learn from what happened so we could be a better, safer energy company. i've been with bp for 24 years. i was part of the team that helped deliver on our commitments to the gulf - and i can tell you, safety is at the heart of everything we do. we've added cutting-edge safety equipment and technology, like a new deepwater well cap and a state-of-the-art monitoring center, where experts watch over all our drilling activity, twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more

if you would like to enjoy oman properly, stay at least a month. >> get me a job out there. let me ask you this, regarding the kinds of tourist attractions that are available, i noticed that there are some of them on the u.n. mess goals -- u.n. heritage list. can you tell us what some of those are so that people who are watching our program can be attracted to visiting your country. >> we have for unesco sites. we can provide you some information regarding them and why they have been chosen as unesco. most parts of oman continued to be unesco's sites. we have a lot of historical sites. some of them are still underground. in the future, that is why i am telling you oman is going to be one of the major tourist attraction areas because we do have historical sites that have not yet been renovated and excavated and so on. taiwanese investors -- they should think about us. >> in addition to some of the historic sites you have mentioned, we'll so understand there are some local activities and festivals that tourists can attend to. for example, bullfighting. can you tell us some of the unique

to a time when the private sector can play a bigger role in terms of financing mortgages. >> let me ask you about china a you have been spending a lot of time in china, what do you make of that going on right now, we know things have slowed down. how do you characterize the economy right now? >> what the slow down shows is that the leaders know they need to reform their growth model. it's running out of steam, they know they need to reform their financial system and they are willing to tolerate slower growth while they fix their financial system. and i am much more focused on the next 3-5 years because i think that the good news is that the country has got strong leadership and knows they need to reform. the bad news is these are going to be very difficult to -- to execute. there's a lot that needs to be done. >> my thanks to hank paulson, up next, on the money from child prodigy to rock star. cellist yo-yo ma >> once a child prodigy, yo-yo ma came to be one of the most famous performers, he finances new artists through his organization. yo-yo it's great to have you on the program. >> thank

let me let me one will let me ask you a point.here on this network is what we're having the thing we have or another name ses. believed to be the site's bad staying there again here in the situation we're being idle or even talk about surveillance me. oh. oh oh. that was a new alert animation scripts scare me a little league. there is breaking news tonight and we are continuing to follow the breaking news leaks the alexander family cry tears of the war you and your great things rather that. we ever read or get a quart of water found alive is a story made sort of movies playing out in real life. is it possible to navigate the economy with all the details such as dixon information and media hype we'll keep you up to date by decoding the mainstream status if in your mind. the logo. ah. yesterday we called back talk or to sit around twelve quick and went straight to sleep. in this state we were up at seven even though it's a sunday when we usually up at eight and that's because of the concert they we had to make it seven i think that'

rising income going to the one percent ok reply charles please reply to it let me ask let me ask you george. and i agree with you almost wholly in what you're saying then if we accept that what you said is the reality of the situation and where the end globally is innovation going to come from what let me ask you where is change going to come from how are we going to solve the environmental issues that currently face the world where is that innovation coming from or going to come from well i don't see that it could come almost anywhere i don't i don't really see that it necessarily has to come from the united states i don't dispute that the united nations system where particularly university level is very high. i think it will come from the brics countries i think it could come from europe i don't think that it is any reason what to expect that it has to come from the united states are u.s. products the best in the world i don't see it i mean i think if you look at many consumer products. as good as or better in other countries i mean look at the auto industry are you really going to

. >> let me ask you about some of the authorities. this week the house defeated a proposal that would have banned the telephone collection under the nsa program. where do you see this debate going from here? do you expect it to continue considering the congressional leaders support these programs and polls show that americans are very deeply divided on whether or not they should give up some of their security protections? >> the polls have done an about- face in a matter of weeks. we always joke you only go a long with this but they are moving your way. a genetic shifts and that itry seal is a violation of their liberty. i think that is what you saw on the floor of the house of representatives. i think it is especially important to note there would not even have been a big debate on the floor eight weeks ago. sou would not have had 200 vote for fundamental changes. this debate is definitely going to continue. the bipartisan approach that i and senator udall have been part of when the democrats and republicans trying to revise section 2

. >> let me ask you to look at 154. do you recognize that? >> i do. >> and what do you recognize that to be? >> this is the firearm and holster and magazine i received as part of this case. >> would you open the exhibit then? >> yes. i recognize it by the case number, exhibit number and my initials. >> and what type of firearm is it? >> it is a 9 millimeter luger semi-automatic pistol. >> what do you mean by semi-automatic? >> in very basic terms, semi-automatic means a pull of the trigger is required for each shot to be fired. >> what do you mean specifically by 9 millimeter. >> 9 millimeter refers to the caliber of ammunition the firearm is designed to fire. >> are you familiar with that brand of firearm, the cal tech brand? >> yes. >> how so? >> i had the opportunity to tour their manufacturing facility twice as well as i have examined many of them over the course of my case work. >> and did you examine the firearm to determine whether or not it was in working order? >> yes, i did. >> how did you do that? >> i did a general firearm examine

the things to be a very very violent very quickly so this was an eternal praise brain swelling let me ask you a question with brian let me ask you can you think the military can do a better job can they do a better job running the country the morsi right now in leading egypt yeah do you think the military are doing better just very very low bar to hop over yeah i think that many many people could do a better job than morsi has done in this first year of what you think the military can do better generally knows you need to be you know because you think the military can do a better job unequivocally i'm saying that the military can do a better job yes ok carol that just about anyone could do about it caroline go ahead do you think the military could do a better job running egypt. my goodness i would agree with that morsi has been a huge disappointment on so many fronts. and i think that many feel that not only have things not really moved on from much but but things have got worse and in many respects already i'm going to jump in here always we're getting it was short break and after that short

. >> let me ask you, you had a conversation with the defendant, did you not? >> i did. >> i don't recall if he was asked specifically about that. >> in his conversation -- >> he did not call me that. >> did i understand you to say that the most important factor about the safety of the -- of any firearm is the responsibility of the user? >> sure. >> so an irresponsible person can be really, really dangerous? >> absolutely. any person that is reckless with their firearm can be dangerous, sure. >> i want to talk for a moment about your connection with this case. you told the jury that you actually reached out to the defense? >> correct. >> tell the jury when you started your consulting company, what you're doing now. >> i started doing consulting work at the -- i want to say it was 2011. 2012 through tactical advantage solutions. in 2013 i started dennis root and associates which is a private investigations, an expert witness firm. >> dennis root and associates you started earlier this year? >> yes. >> you understood when you contacted the defense in this case th

people call, when they called, where they called from, it will become increasingly unpopular. >> let me ask you a quick blowup. are you concerned about some of the sweep of the internet collection as well which were not covered under section 215? what are you doing to curb that authority? >> we are trying to gather data with respect to those issues. a few minutes ago, and i have not had a chance to review it, we got a response from general clapper to the strong letters sent by 26 united states senators that goes to a number of the issues. we will have more to say about that next week. >> just to narrow it down, you solve the bipartisan support in the house this week as part of a defense appropriations bill. are you working on a similar proposal with democrats and republicans? >> i am definitely working with democrats and republicans to overhaul this program to magically. there have been a number of discussions already. senators on both sides of the aisle. the discussions have accelerated sent that extraordinary house vote. we also have a quarter of the united states senate on record saying they

. >> let me ask you. men here that have suffered such unimaginable pain and suffering, i want to show you a side by side video of ariel castro from today and from last week. both of these times in court, last week it was a female judge. he didn't look up at all when she addressed him, refused to look up. on the time today the right-hand of the screen it was a male judge that addressed him and when the judge addressed ariel castro looked up. what do you make of that? >> it's quite interesting. of course, it was his first time in court when he had the female judge and she had to admonish him his head was bowed in shame both times. i do think there was definitely a relationship with the female judge and his shame that head bow, the sloped a-framed shoulders all show shame, i'm embarrassed by this situation. >> let's look at castro's demeanor. head hung in shame. you compare it to the demeanor of the three young women in the video. tha iknew it was going to the public. i can only imagine what it took for them

now, let me ask you this, john. picture of george zimmerman the night of the shooting. and him in court this week. zimmerman's attorney says he has gained over 100 pounds since the shooting. how will this affect the jury in terms of seeing him, if at all? >> the jurors can make their decision and i'm sure the prosecutor will do that that is based on that particular night. to the extent he has gained weight, that should have no affect at all from the jury consideration. what they will see is the picture of him on that particular night where he looked really fit. he was actually small. he had been involved in a lot of training. so i don't think that the jurors will be prejudiced for him by seeing that he has gained all this weight. they might think he is having some other kind of problems. but in terms of his conduct on that night, how he looked, how he acted, it will be judged by that night, at least that's what the prosecution hopes, and that's how the prosecution should stay on the point and make those requirements.

. >> let me show you state's 165, ask you request you recognize that?s. >> how do you recognize 165? >> again by the case number, the exhibit number and my initials. >> what is is that? what is contained in that exhibit? >> there is one fired jacket portion, two fired bullet jackets, fragments and one led core. >> and when you received parts of a bullet or fragments of a bullet and a firearm, are you able to compare those to determine whether or not those fragments were fired from a particular firearm? >> yes. >> expla into the jury how you do that. >> similar to the cartridge cases, i will use the bullets and compare those microscopically to the submitted evidence built or bullet fragments. >> and did you do that with the fragments in this case in the cal tek pistol? >> i did. >> what did you find? >> the fired bullet jackson portion was fired from the poise toll. the two smaller traffic him fragments were inconclusive. the bullet core is inconclusive. >> when you say inconclusive, what do you mean? >> i was not able to determine whether or whether or