mr. blair's speech. is that right? >> the and it on page 6 about regulation, i could be wrong, but i do not remember much coverage at all on the issue of him addressing regulation and whether there should be a change. about today. the issue sparked new debate whatsoever. not forgive me, but he says, i thought it was pretty the herd. he said, i am sorry, but i think there was a collective refusal . get over it. actively sums up the way covered. >> before we have a short break, may i draw your attention in this document. . it is sometimes said the media is accountable daily to viewers. that is true common but the viewers have no way to measure what they are being told. in every other walk of life that power, there are external forms of in the media itself. it is true politicians are accountable. i am not in a position to determine this one way or another, but only needs to be found. i do believe this relationship is damage in a manner that requires repair. this undermines the assessment of institutions and reduces our ca

. >> mr. blair what did you do after the election? >> that was something mr. cameron and arranged. >> can i also ask you if it was understood that the fbi are investigating the commission investigation into these allegations? >> we have seen no evidence of that at all and as far as we know. >> but they do? >> they would be treated exactly the same way as they do here and i can't believe it happened to anyone in american whether the news of the world, i don't know. >> i will come back to you but are there any whatsoever you commission the investigation? >> absolutely. >> you must be qualified on the scandal and the fact that its cost you the transaction that led to the news of the world? >> a lot had a different agenda and trying to build this hysteria. all of our competitors in this country formally announced. >> [inaudible] >> no, i think if a lot and practical to go ahead. >> we have been very clear that serious allegations of wrongdoing have been leveled about the news of the world and we believe that the news of the world -- the actions of some reporters a

is my recollection correct -- i think it is -- that you were in the cayman islands australia with mr. blairthis occasion? >> yes. >> i just want you to confirm that what is in the diary is iorrect or to the extent that i isn't as he would indicate for the case 93 from the bottom toe the 18th of july 20 blared meet the keynote speech to theblr conference delegates here today went down in absolute storm he spoke passionately of the purp lurpose,os etc. just what was wanted to hear. so far so good? >> yes. >> it was a speech delivered with great energy and dynamism and confidence. and sure all that is correct. and we found out afterwards when he grabbed me by the shoulder right shrieked that was a great speech. he supplied the jfk. i'm sure that with that, isn't it? do not make light of the loving going on during the speech. i suspect they were making love like to porcupines very, very carefully. is that sad? >> yes, those are all the lines. >> they didn't seem anything lee from where i was sitting. he seemed elated when i had a quick word outside. it's very important to come here and get the

top paid speakers, donald trump, reagan makes a lot of money, tony blair, bill clinton, rudy giuliani. look at all of those people, mrthe only one who hasn't been involved in public life and politics. do people want the inside stories? do they think when they pay this huge am of money they're going to learn something in the speech they didn't learn when this person was in office? >> let's look at that segment. we learned that snooki got $32,000 for speaking at rutgers university. what did we learn from that? people like to be around someone who is famous. she seems to be famous for being famous. in some cases, perhaps we want to learn what somebody lass to offer but in a lot of cases we're just besotted with the fact i saw that person on tv, i mean there's a scene from "king of comedy" someone says that was the guy on tv. you know, really, it has to do with our own obsession with something that perhaps we might better reign in and rethink because it's our celebrity-obsessed culture that's the culprit. >> maybe the money could be spent better, feeding the hungry. >>> tonight's truth is something that mitt romney says