mr. taylor, you first. what will be ms. fisr's arguments since she was on the 10% requirement that would have granted her admission based on her accomplishments. >> her argument is university of texas are violating principles the supreme court laid down in its last affirmative cases in 2003. in particular, universities said they could use race but they could not engage in racial balancing which means they could not seek proportional representation of the population. university of texas overtly does that. the court said you have to phase ou racial preferences within 25 years. nine of those years are gone, and it's quite clear, in part because of the slowness of working towards racial proportionality and what they call critical mass of every minority in every classroom, it's quite clear that the university of texas is on a trajectory that would extend racial preferences for many, many decades, and that clearly violates the guidance of the supreme court in the gruder case, which is the leading case. >> and you said quite the o

mr. taylor? >> guest: i noticed earlier, towards a possible area of consensus, it's a sensitive topic for a long time, but if you seen some of the transparency idea we argued for in the brief and the book, we don't argue affirmative action, but a major remedy is make public how the system works. it's now very secret, very secret. no university voluntarily makes public how much weight it gives to race nor how well the people who are admitted with lower scores how well they do. if i was coming in from high school now, i'd want to know that sort of information before i decided what college to go to. is this college going to take me in as a pumpkin and put me in at the bottom of the class? transparency would be a powerful way to include everything about the situation, i think, and if people like ms. bowie go along with transparency, i think a lot of disagreements we have would eventually fade away. >> host: what would you say? >> guest: i would say -- what i would say is that we don't necessarily kno

mr. taylor is joining us here in washington. talk a little bit about the argument and the process overall and if you think something is wrong with that. guest: we are on the other side of the case. not only are people liked abigail fisher's rights violated by the university of texas, we think they are bad for the supposed beneficiaries. that is the mismatch in the title of our buck. when you take a step in and say, s.a.t. scores are not -- it is not good for that student because the student is going to be put in a fast environment or the rest of the class can move faster. the teachers are going faster and deeper. some people who might do better at -- some people find themselves struggling academically and falling behind. is not billed for your intellectual self-confidence. it all happened without warning. nobody tells these affirmative action students before they come, you are not likely to do very well. host: as far as the process is concerned, the courts to her the case this week. what happens? guest wrote the argument was abo

mr. taylor regarding private schools and title 6. i do not think mrs.minated against for the simple reason that as i explained earlier, it looks at the index at which race is one of 12 factors. her academic index was too low the year she applied. they never reviewed her personal achievement. there is no way she would have been invented. the fact that race was considered did not harm her. i think the claim that she is entitled to go there because her parents went there and the race was one factor that was considered is not true. >> we are out of time. we want to thank our guests for participating. the author of the "mismatched." the both of you, and thank you for the discussion. >> tomorrow, we will preview the town hall-style presidential debate between president obama and mitt romney. our guest is charles hurt. he is followed by a look at the affect of non-citizens. we are joined by professor leonard steinhorn. and later a look at the anniversary of the cuban missile crisis. graham allison joins us from boston. "washington journal" is at 7:00 a.m. eas

mr. taylor about two weeks ago. if you look at the charts, ten-year rates that slipped a bit. if you look at the dollar index in gold, they seem to have already keyed in on their moves of the day. it will be interesting to see if q&a changes that. >> the chairman will be wrapping up his prepared remarks in just a moment and then he'll take some questions. meantime our senior economics reporter steve leisman has been monitoring those remarks. you saw, steve, what struck rick as the standout point. what strikes you? >> well, not that. what rick put up there on the full screen was pretty much word for word what the fed said in the statement last week or when the med meeting was held. that's been known by the market. what bernanke's doing is something i guess he's been inclined to do individually, but also has to do professional as chairman because of the unique fed policy that's out there right now. didn't have to -- used to be that a fed chairman felt compelled to go out there and really sell his policies to the public. but because this fed is so much in the political crosshairs

mr. taylor, you could be treasury secretary. would you want that job? >> there is so much speculation. what i am doing here at stanford. dagen: would you want to run the fed? >> same thing. i like what i am doing. i like your questions about what the fed should do, but let's keep it right at that at this point. dagen: i was not going to let you get away without asking you that. who do you think has done a lousier job, congress, our elected officials, you can lump in the president if you will, in terms of managing our finances, for the federal reserve which has essentially helped those very people spend and borrow money by keeping interest rates so low? one or the other. you get to pick. >> if you look at the fiscal policy, the administration starting in 2009, you have these temporarily stimulus packages. that has caused a huge amount of uncertainty. you think about monetary policy, you think about temporary quantitative easing, it has gone back, come out and come back again. i think that has not been helpful. two further enter your question, kind of reinforce both sides. that is why i

mr. guy taylor, you lost me there. you cannot play both sides of the fence. mr.ew lee, thank you for being balanced. my comment on the whole is to say one of the most disturbing things, and why the foreign policy debate is so important to me and i will watch it is because i am shaking as i talk right now. mr. romney and his rhetoric scares me. the american people do not want to be in war anymore. we do not want more terrorism like 9/11 happening here in our home, and we support president barack obama again the direction he has taken these wars, and how he is handling it. we respect him for that. mr. matthew lee, thank you, sir, so much, for showing that balance there. mr. romney is going to talk with his rhetoric, maybe not into another war, but more incidents like 9/11, because he is stirring up the pot with his words. i am shaking and sweating right now about this topic. knock it off. the american people want peace, not only on our homeland but for the entire nation. host: we will leave it there, dorothy. guest: let me defend my colleague. i've not heard anythi

. >>> what do bob marley, elizabeth taylor and peanuts creator charles schultz have in common? >>> baseball's best pitcher is shelled by the newest mr. october. sports is straight ahead. you're watching "first look" on msnbc. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. pablo sandoval had the game of a lifetime, tying a world sear home run record. take a look. count's 0-2. sandoval hits it into center. back at the wall. good-bye! fly ball into left. back at the wall. he's homered again. wasn't activated until the third week of august. into center. at the wall. another! pablo sandoval with a three-homer game in world series game number one. >> yep, that will do it. sandoval's three homers in a world series game tied the record held by babe ruth, reggie jackson and albert pujols. good company. final score, giants, 8, tigers, 3. game two is

taylor and peanuts creator charles schultz have in common? >>> plus, baseball's best pitcher is shelved by the newest mr. october. your sports headlines are straight ahead. >>> and all the ingredients are coming together for a historic weather event sunday and monday coming up the east coast. forecast details are coming up. you're watching "early today." >>> well, talk about an exciting night at the world series. a new mr. october is crowned. detroit pitcher ace justin verlander took a beating in game one as the man of the night, giants third baseman pablo sandoval, had the game of a lifetime tying a world series home run record. >> count's 0-2. and sandoval hits it into center. back at the wall. come on! wide ball into left. back at the wall. he's homered again! wasn't activated until the third week of august. into center! at the wall! another! pablo sandoval with a three-homer game in world series game number one! >> and that was it. sandoval's three homers in world series game tied the record held by babe ruth, reggie jackson and albert pujols. the final score, giants 8, tigers 3. game two's tonight with madis

taylor and peanuts creator bob schultz have in common. plus, baseball's best pitcher is shelled by the newest mr. october. your sports headlines are straight ahead. >>> all the ingredients are coming together for an historic weather event sunday and monday coming up the east coast. forecast details are coming up. you're watching "early today." at cepacol we've heard people are going to extremes to relieve their sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold. hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient that stays with you long after the lozenge is gone. ahhh. not just a sensation, sensational relief. >>> well, talk about an exciting night at the world series. a new mr. october is crowned. detroit pitcher ace justin verlander took a beating in game one as the man of the night, giants third baseman pablo sandoval had the game of a lifetime tying a world series home run record. >> count's 2-2. sandoval hits it into center. back at the wall

taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. thank you, mr.eaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, .. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. >> now it is getting confused. apple has a smaller ipad, a smaller version with 7.9" screen, and weighs half as much with a new version of that one, too, if you go to their site there are 5,000 different offerings here. good luck figuring it out. but the mini, microsoft, also, has something coming out on the very same day you can buy these, the first time it has gone into hardware to make something like this all in the same day and it will be like this, great nuclear great at the same time. retailers are beefing up plans to bring in customers for the holidays, and toys 'r us, and revamping layaway and reservation o

taylor and kr yichltysta. i have to start by saying, i love you, binders. so, he's -- mr.'s comment about binders has produced thousands of -- there's a website called thousandsofbinders.com and can you click on that and see how mitt romney appointed 19 judges while governor in massachusetts. two of them were women. maybe he had binders full of women but he didn't want them in his courts. >> he considered them but they didn't get the job. the thing that's amazing is even the anecdote about the binders full of women, isn't not even true. he didn't go out and say, i need more women. there was a women's group called mass gap, massachusetts gap, who put together a list of highly qualified women who were going to push whoever was elected governor to a point where women -- whether it was romney or his opponent. so, after he won the election, they gave it to him. it's not like he went out looking for them. i can't understand. you can't even come up with one true anecdote about being truly pro-woman and seeking out women and valuing women in a professional capacity? it's unbelieva

taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. for a golf getaway. double miles you can actually use... but mr.is friends because he's getting hit with blackouts. shame on you. w he's stuck in a miniature nightmare. oh, thank you. but, with e capital one venture card... you can fly any airline, any flight, any time. double mes you can actually use. what's in your wallet? alec jr? it was a gift. he. gerri: some europeans must be beaming with pride after the european union won the nobel peace prize, there are skeptics saying come are you kidding me? what do you think? did the you deserve the nobel peace prize? if we ask don gerriwillis.com, and 3 percent said yes, 97 percent said forget about it. a beautiful piece of americana. will last few weeks the space shuttle endeavor has made its way across the country for all to see as it has to its back -- final resting place and now. the shuttle kicked off the 12--mile drive to its new home. but it travel that the snail's pace of two miles-per-hour and will take today san. on top of taking its own sweet time it will cost $10 million or nearly 1 million

taylor project. the donald may have set a new standard for anticlimax and you write about it very per sec tiffly in your column. you say, mreleased at high noon on wednesday who had the look of a ransom video in which the donald himself appearing puffy and unwell played a character that was part doctor evil, part kracrazy eddi. i guess that wuts him somewhere between a man with meantle illness and satan. is that right? >> i suppose so. if the guy didn't have an awful lot of money, we wouldn't be paying any attention to him whatsoever. i think everybody sort of knew he'd run out of gas but he was doing it again so people said all right, they started the betting, they said what is it going to be, some bombshell about drug use or marital problems? he had nothing at all but it was pleasant so see this time that he was denounced not from the left, but just from everybody, and i think they just want donald trump to go away. he's going to have trouble doing this again. >> goldie, wasn't donald's bonl shell though just another variation on his favorite dog whistle? he talks about the president's academic records because what he's

taylor is an economic adviser to the romney campaign and joins us. you are going to say mitt romney. in terms of convincing the american people what you believe and what mrey believes what does mr. romney need to do and say? >> we have high unemployment. the last growth number 1.3%. we are not creating enough jobs to employ the working age population. you can put good spins on this. basically it is not good. as i look at this it is largely a problem of policy. the policy has not been pro growth. it has been short termism. >> with all due respect i'm sure you watch a lot of the sunday talk shows, the one before the first presidential debate everybody was saying mr. romney has not outlined his own economic proposal so while you may say mr. obama has fallen short mr. romney is not putting out his case. >> i disagree with that. there is a lot of specificity on proposals on energy, the keystone pipeline issue and regulation and make sure we stop the huge growth of regulations and entitlements. he has been very specific. i think his tax program is pro growth. there is a lot of specificity and people look at it. it is the kind of thing the economy needs right n