with paul volcker but somebody had to put them in in the first place. against inflation and the rest is history. >> one other issue on the table is the foreign intelligence surveillance act based on the recommendations to correct the abuses of the nixon administration and not only that framework to set up the intelligence committee and one of the huge tragedies where i spent eight years including the ranking member. but at any rate it is a very important piece with a large bipartisan vote ensued to close this fabulous conversation. >> so with a fascinating discussion the totality of the accomplishments of domestic and foreign policy. number 20 the degree to which on inflation robert samuelson who works for the post set a part of me may have appointed him but he had a long-term and not running for reelection we are in the middle of the election cycle. and third a testimony to the democratic party we lost labor with minimum wage for the first time in years and save hundreds of thousands of union jobs from chrysler and ends up endorsing kennedy and women's

he is also one who admires paul volcker. keep that in mind.n: he may not be a trained economist, but he has had years in federal reserve - onomics. it is not like he just walked in from the trading floor. i want to raise a counterpoint. jay powell said last week that the policy path we are on now is appropriate for now. he is open to the door to rethinking. maybe because of trade or maybe because of this chart. it is a bloomberg chart that shows how the yield curve has flattened so much. the last little bit, you can see a little re-steepening. many people are concerned about what this means, especially if it goes down and goes negative. are you sure the fed is going to toe all the reasons to go more times, especially if the trade war bites the economy if it could? bill: if we get into a full such trade war and see the flattening of the yield curve even get inverted, then all bets are off, but i think presently the path of the fed is to more increases. i would think it would take a lot to get off of that, but i learned to say a long time ago no