moynihan's comments are being made public. years searching through 10,000 pages of moynihan's writings. he joins us now with the book. actual political junkies will be reading this for a very long time. i want to start with a bunch of excerpts here. the first one sort of had to do when working for richard nixon. here is what it said. it was 1970. nixon sxaned the war into cambodia and protestifies were erupting across the country, four students shot dead at kent state university. make clear to the students you are not out to punish them. make clear to the nation you have not been captured by the military. you must try to restore confidence and calm. what was he going for? >> he was going for the center. moynihan always tried to have a foot in both camps. he wanted -- he served two republican and two democratic presidents. that's an amazing record, i think unprecedented. but he also had a foot in the academic world. >> right. >> and in politics. the interesting thing is that he was as disappointed about the performance of the a

i am amy goodman with denis moynihan. not far from mi5 and mi6 which takes us way back in time. for the audience who may not be so familiar with your history come in fact, you did work for the mi5 and mi6? >> i work for one and then the other. i suppose that was nearly half a century ago, so to regard me as an expert on as the niosh is absurd. -- on espionage is absurd. >> these are the spy agencies in britain? >> yes. mi5 has no executive powers. mi6 also has no executive powers and operates a brought on the cia lines, but with tiny percentage of the budget and tiny percentage of the rsonnel. unlike the cia come it is not also in competition with 21 other intelligence agencies within your own country or whatever the number is, something like that. i suppose if i could generalize about my work in intelligence in those days, for better or worse, we counted ourselves in elite with a very considerable responsibility to speak truth to power by good journalists. but whatever we came upon, however offensive it was to those in p

burqa ban in france or the inciting hate trial of wilders in the netherlands we'll have michael moynihan from reason magazine on all of that we get back. seven thirty am in moscow good to have you with us here on our t.v.'s here headline the french government stands firm on its plan to raise the retirement age is violent protests an industrial action paralyzed the country unions say around three million people took to the streets energy supplies have also been hit in france to import electricity. and there are more protests this time in london after the u.k. government announced the biggest reduction in public spending since the second world war almost five hundred thousand public sector jobs will go along with multi-billion pound cuts to the defense budget the aim is to reduce record debts that swelled during the global financial crisis that some economists are saying the cuts should have gone even deeper. and a deadly show of loyalty to the terror attack on the chechen parliament on tuesday may have been a pledge of allegiance to al qaida according to the republic's interior ministry t

daniel patrick moynihan and that got sidetracked.re not talking the whole thing just people taking control of their own money. >> emac the last point is the strongest. people claim the republicans want to destroy social security, they want to provide an option, a , right? >> yes and a mild choice people should be allowed to put 6, 7 or 8% into their -- by the way galveston, texas three counties pulled out social security in the early 80s no risk those folks are retiring with benefits 50%, 200% higher than those who stayed with social security. privatizing is the way to go with people to get more investment capital but to have higher benefits in the future. >> giving individuals more choice to decide whether they want to opt-out of the currencies tell. >> it will not be a higher price. the it will be a big honey pot for wall street they will feed people the debt and put them into high risk investments. >> if i want to put my social security account there, shouldn't i have the right to do that? >> you should have the option to do that.

brian moynihan said he is optimistic. >> we haven't found any problems in the foreclosure process, and what we're trying to do is say "we'll clear the air, we'll go back and check our work one more time, but we haven't found any errors." >> reporter: but many are doubtful lenders will be able to clear the air so easily. ohio secretary of state jennifer brunner says americans need something more concrete. >> lenders are going to check their process, but they're going to come back and they're gonna say "it's ok." do you really think the public is going to believe that? when it was the employees and the agents of the lenders who were carrying out these practices anyway? >> reporter: brunner wants a foreclosure review strike force of private attorneys supervising law students to review foreclosure documents. the program would be paid for by banks and help people who may have been wrongly evicted to recover damages without going to court. >> if the lender's process could be certified-- and the way they would be certified is if they agree to contribute to this fund-- you would actually be wo

brian moynihan said he's "not so concerned" the investigations would hurt the u.s. housing market. >> suzanne: tom, it was late last month when banks began to take a closer look at foreclosure documents. but that didn't stop them from seizing more than 100,000 homes in september. 102,000 properties were taken back by banks. it's the first time repos have topped 100,000 in a single month. >> tom: we have two stories tonight looking at the foreclosure process and so- called "robo-signing" of foreclosure documents. we begin with stephanie dhue and the mortgage industry's controversial use of a record- keeping firm. >> reporter: this is the headquarters of the mortgage electronic registry systems, mers, which tracks half of all home loans. mers was set up in the '90s to keep tabs on a home loan each time it changed hands. the company is owned by some of the biggest names in the industry, including fannie mae, freddie mac, bank of america, g.m.a.c., washington mutual, and wells fargo. mers c.e.o. r.k. arnold says the system was designed to reduce paperwork. >> the mortga

moynihan. we will now begin our question and answer portion. with interest rates already very low and firms are reluctant to hire, would it do any good for the fed to change rates? >> that is a policy decision, and my job is to react. [laughter] i think the interest rate structure is the lowest it has ever been. i had somebody check this the other day. they looked at the 10 year bond. 10% of the time it has been below 4%. the rate structure is very low and supportive of people making commitments. i would say, it is not the cost of money. there is not an in availability of money or cash out there. that comes down to, will i get the demand for my products? and i certainly enough that i can take the risk for my shareholders? that is as important as getting the interest rate environment very low and supportive of growth. >> banks are being asked to stop hoarding money and increase lending, but at the same time, they are being asked to increase capital. how do you square that circle? >> we have tremendous capacity in our balance sheet to fund loans.

. >> i've had a conrsation with pat moynihan about richard nixon. >> wel on the other hand, of course, hwasnly dictionally spicus sing on everybody. >> rose: insecure >> absolutely. he was... and, you ow, h never beme a fulluman beg. and so i always felt that i pitied h mor than i admired him or condemnedim. and, in fact, when oliver stone was making his movie "nixon," he asked anthony hopkins to play nixon and hopkins said "i'll a welshman, i can't participate in an attack on an american president." and he said "it's not going to be an attack. it's goingo sa that was strong but weak. insecure. and it will be the picture that niece gary lls' bk." so he asked hopkins to read it then he asked me to come to the set and talk to hopkins about it. so my picture of nixon went into stone's picture of nix. >> re: wch w briiant. >> i thought so. >> rose: i mean i thought hopkins' portrayal was brilliant. >> the thing about hopkins is he's a wderful mimic. he did'll go gud for me. he did o leave yay for me. gielgud. he sd i'm not goingo imitate his voice. they tried to put a fake nose on him, he

bank of america president and ceo brian moynihan will be at the national press club today.ive coverage of that starts at 1:00 p.m. eastern. our campaign coverage begins at 8:00 p.m. eastern tonight with a second debate between connecticut's u.s. senate candidates, followed by a debate in a wisconsin between russ feingold ron johnson. at 10:00 p.m., a debate in north dakota, and then president obama at an illinois fund-raiser. tomorrow night, the 31st annual news and documentary emmy awards -- we will have live coverage. presenters include diane sawyer and dan rather. live coverage will begin at 8:00 p.m. eastern. >> these are the politicians that nearly bankrupted our country, left a legacy of debt, are still in the nile about the disaster they>> british prime md conservative party leader david cameron from the annual party conference, sunday night on c- span. >> despite the uprising and state crackdown following iranian elections last year, -- this weekend on "after words," the author of "the ayatollahs 'democracy." a live picture from the pentagon this morning, where we a

here is what bank of america's ceo brian moynihan had to say at a national press club event today. >>rk one more time, but we have not found errors and there is technical issues, and we will check if homework again after it has been checked multiple times, and we will continue to process. >> as to how long this will last, the bank's ceo says a few weeks. they say that the foreclosure process will continue for delinquent borrowers, but at this point, it will not proceed to a foreclosure sale. this is not the only bank involved. jpmorgan and chase have halted foreclosure sales in 23 states, and neither commented on the bank of america expanded freeze. >> as the problem grows and clearly growing, what does it mean for the housing market out there, because a lot of the mile an hours are worried about the value of their homes and value going down, and down and down. >> well, there are mixed opinions about this. some economists are saying that if there are significant delays, it could mean that home prices are weaker, and others don't think lit see a big impact. we spoke earlier today with

october 8, bryant moynihan, president and ceo of bank of america october 12, general norton schwartz. second, i would like to present our guests with the traditional mug. >> thank you very much. >> thank you. [applause] >> for the last question, i would like each of you to predict one surprise on election day in the senate. [laughter] >> i think john racey will be the next united states senator from west virginia. >> i simply think that democrats will have a lot more votes in the united states senate than people think. we will surprise people on november 2. >> thank you senator spread i want to tackle all of you for coming today. i want to thank the national press club staff. in today's event. for more information on joining the press club and how to acquire a copy of today's program, go to our website. thank you, we are adjourned. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] >> this weekend on c-span 3, american history tv. discovering why the presidential elections of 1824 and 1828 or not only important b

. >> daniel patrick moynihan said one time that everyone is entitled to their own opinion, not everyone is entitled to their own facts. our state for eight straight months has had reduced unemployment. we have been able to reduce the number of people who are unemployed. we have a long way to go. i inherited the worst recession in our lifetime from george bush. i did not support george bush for president. my opponent did. he was a supporter of george bush's failed economic policies. i do not want to see that come to the state of illinois. we have brought from wisconsin to ellen like a company that is making railroad cars for the beat -- from wisconsin to illinois a company that is making railroad cars. we have a company that grew from eight jobs in 2008 to 100 jobs. >> your pricing goes to mr. brady first. >> you had been a member of the illinois house or the illinois senate for the past 17 years. can you cite for the voters watching your three most important legislative accomplishments during that time? i would like to hear about bills in which you took the lead in sponsorship. >> i car

. >> daniel patrick moynihan said one time that everyone is entitled to their own opinion, not everyone is entitled to their own facts. our state for eight straight months has had reduced unemployment. we have been able to reduce the number of people who are unemployed. we have a long way to go. i inherited the worst recession in our lifetime from george bush. i did not support george bush for president. my opponent did. he was a supporter of george bush's failed economic policies. i do not want to see that come to the state of illinois. we have brought from wisconsin to ellen like a company that is making railroad cars for the beat -- from wisconsin to illinois a company that is making railroad cars. we have a company that grew from eight jobs in 2008 to 100 jobs. >> your pricing goes to mr. brady first. >> you had been a member of the illinois house or the illinois senate for the past 17 years. can you cite for the voters watching your three most important legislative accomplishments during that time? i would like to hear about bills in which you took the lead in sponsorship. >> i car

we have margaret hamburg, commissioner for the fda, on october 8, run moynihan, on october 12, chief of staff of the u.s. air force. second, i would like to present our guest with the national npc mug. [applause] for a last question, i would like to ask each of you to predict one surprise on election day in the senate. [laughter] >> i think john racy is going to be the next center from west virginia. but i think democrats will have a lot more votes in the united states senate and people think in this cycle, and we will surprise people on november 2. >> thank you, senators. i want to thank all of you for coming today. i would also like to thank the national press club staff for organizing today's event. for more information about joining the press club and on how to acquire a copy of today's program, please go to our website at www.press.org. thank you, we are adjourned. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] >> in a few moments, house minority leader john boehner on the gop agenda. in little less than an hour,

october 8, brian moynihan, president and c.e.o. of bank of america. october 12, general norton schwartz, chief of staff of the u.s. air force. second, i'd like to present our guests with the traditional m.p.c. mug. >> thank you very much. for the last question i'd like to ask each of you to predict one surprise on election day in the senate. >> i think john racy's going to be next united states senator from west virginia. >> i think democrats will have a lot more votes in the united states senate than people think this cycle, and we will surprise people on november 2. >> thank you, senators. i would like to thank everybody for coming today, and library and broadcast center for organizing today's events. for more information on joining the press club and how to acquire a copy of today's program, please go to our website at www.press.org. thank you. we're adjourned. [applause] >> c-span vehicles traveling the country as we look at some of the most hotly contested race leading up to the elections. >> the third district is a massive district. it stretches

brian moynihan. [applause] >> thank you for the introduction. lcome, everyone. it's great to be here in washington. i welcome the ever committee to spend a few minutes today talking to you and those of u.s. journalists especially about bankamerica's financial industry and where we sta and where we think it goes. before i do that i want to recognize bill cooper and other teammates from bank of america who pport the millions of clients we have in the middle and area in washington, d.c. in paicular. we are in our industry at the tail end of a very volatile time since the depression. setting a path forward for stability for the industry come for our country, in fact the world continues to occupy the energy of private sector, banks like us, policy makers and regulators. and as you know many are gathered in washington for the imf and the various meetings this week. but we have been a great deal of progress the last couple of years being in this setting reminds me of that. two years ago i was in washington for the imf and was here in 2008. it also was a long weekend as