i have been talking about the jhhe pendulum swinging back and forth, some taking a domestic role and some taking a more aggressive role. somewhere more interested in being political of all. --- being politically involved. if you study over bush, by research shows that she is the epitome of delicately balancing both roles. of being a political partner and also building domestic obligations. she is a career woman. she is a librarian, a former teacher. she exhibits domestic qualities. she has a wife, and mother, she handles reception of social affairs, she admits her interest perhaps her anxiety with respect to passion. in her out of biography, she states "i was was like all first ladies. i wanted to look good. i knew how interested the public and press were in what first lady's wear. i wanted to look elegant.' and yet, she does much more. she approaches controversial topics including stem cell research abortion, same-sex marriage is. she raises early childhood cognitive development intervention literacy, reading programs. in 2001, laura bush took the place of george bush on his weekly

i wouldn't be having a discussion about our opinions of whether the pendulum worked. how interesting. okay. i say. where do we do next? we go toilet 19th century impressionism. paul leads me to: a sunday. one of my favorite he says. george serat painted the scene with elegant french families in a parissan park and an island in the same river circa 1884. the uses ate technique instead of strokes of paint he built the image by adding colors tot by -- dot by dot by dot. the way digital imagessed do it 100 years later. i say, know that painting. wasn't that in farris buehler's day off? yep, says paul. a move view with matthew broderick. there's three high school kid playing hookey, various adventures and when they come to the art institute, one of them, an angst ridden teenager stares for along time at the painting. as he gazes more and more deeply into the painting, with a stricken look on his face, the parissan scene disappears from view and falls apart into a chaotic random collection of colored dots. it's at that moment that cameron realizes his own life is falling ap

i wouldn't be having a discussion about our opinions of whether the pendulum worked.ng. okay mr. art expert were to be done next? we go to the late 19th century century. paul leads me to 18841 of my favorites he says. he painted the scene with elegant french families and a parisian park and then island in the same ripper circa 1884. he used a technique. instead of strokes of paint he built up the image by adding the colors.i.the way that visuals do it 100 years later. and i say i know that painting. wasn't that in ferris bueller's day off? yeah the movie with matthew broderick paid the painting is the centerpiece of the pivotal point of the movie. when they come to the art institute and angst ridden teenager named cameron stares through a long time at 1884. as he gazes more and more deeply into the painting he has a stricken look on his face. the persians scene disappears from view. it falls apart into a chaotic random collection of dots. it's at that moment when cameron realizes his own life seems to be falling apart into meaningless bits and pieces. i have a certain

like forfeiture and now what has happened as the pendulum went too far in that direction and now it has swung back and fortunately the climate is ripe now for many other criminal justice reforms that we are seeing great it's one of the few issues that there is a huge bipartisan agreement on and congress and this is you know the forfeiture reform is a totally bipartisan effort and it has been for many years. >> host: time for a couple more calls. paul is an williams oregon on our republican line. please go ahead with her -- her question or comment for david smith. >> caller: regarding the stacking principle and deposits or withdrawals is this a statute, a federal statute or is it it and administratively developed law meant to enhance the investigation of money laundering? if so why is it being used against people who would otherwise be innocent? it's almost like entrapment purposefully at not letting someone know about the love. i can understand using it but when they use it against people that don't want to make a deposit because of safety or the bank teller tells them in the dank telle

has the pendulum swung too far back in the opposite direction, and what can we do to fix that?ulian: a few years ago, people would agree it was too easy to get a home loan. for those reasons, we had a housing crisis. today, the issue is that for many hard-working americans, folks of middle income, people of modest means, even if they have a fairly decent credit, it is too hard to get a homeland. when you start--- home loan. you will start hearing stories about people who, their whole lives had a decent credit, who today cannot get a home loan. today, we need access to credit that was on the safeguards to put in place. things like dodd-frank and the qualified mortgage. but also, allowing access to credit so that folks can achieve the american dream that has been a cornerstone of the national experience. that is what we are trying to get at. john: you were popular in new york announcing a big initiative with mayor of the valencia. the mayor. they announced they are going out for the first of their energy performance contracts to retrofit their entire housing stock. the largest gr

after the restoration of the monarchy, you have the pendulum swinging from very conservative to the opposite of that. the resurgence of culture and art is prolific. one of the things that comes out of this is the idea of the restoration of a pleasure garden. it is not just a specimen garden. you are not gardening just to feed your family. you are also enjoying the beautiful flowers, the smells. you are enjoying taking your friends or sweethearts and walking them around these gardens. during his education, he comes back and brings that idea with him. i we are in the wilderness -- here we are in the wilderness and you have almost a medieval style house his father has built. arthur allen ii going to bring some of the culture he learned in england and establish that here. he builds a 1.5 acre english pleasure garden. they are planting things so he can invite his friends over and they can take a stroll through the garden. he is establishing himself as a leader in the virginia colony. he's really good friend is the governor of the colony, governor berkeley at this time. governor berkeley is involv

i have been talking about the jhhe pendulum swinging back and forth, some taking a domestic role and some taking a more aggressive role. somewhere more interested in being political of all. --- being politically involved. if you study over bush, by research shows that she is the epitome of delicately balancing both roles. of being a political partner and also building domestic obligations. she is a career woman. she is a librarian, a former teacher. she exhibits domestic qualities. she has a wife, and mother, she handles reception of social affairs, she admits her interest perhaps her anxiety with respect to passion. in her out of biography, she states "i was was like all first ladies. i wanted to look good. i knew how interested the public and press were in what first lady's wear. i wanted to look elegant.' and yet, she does much more. she approaches controversial topics including stem cell research abortion, same-sex marriage is. she raises early childhood cognitive development intervention literacy, reading programs. in 2001, laura bush took the place of george bush on his weekly

yet other junctures the metaphorical pendulum swings an entirely different direction and the first ladyconsciously seems to him in domestic obligations and constraints of domesticity and intends to assume the politically at the role often times more frequently than not choosing women's rights. the feminist movement and the women's suffrage. what happens? she at? she at times has admonished him to criticize for overstepping traditional boundaries and another point she is applauded for over action against grave initiatives perceived as an advocate of change, a heroic champion of social reform. betty ford and mr. her tenure 1974-1977 held in historic press conference announcing to over 150 reporters that she would be a firm supporter of the equal rights amendment and she would undertake the passage. her art and declaration was perceived as an act of political coverage while others are quite offended by her outspokenness. decades prior, florence harding in 1921 advocates women's suffrage urging women to participate in politics and holds a press conference exclusively for women. by her actio

we have seen that pendulum sng back over the last year. this year, we have increased the total number of f companies at the show by 44. we are at 244 versus 200 last year. as of today, we are 44% aheaon registration versus same day last year. our growth continues. 22 military commands as exhibitors on the floor and every major for all three services will be there. it is an exciting g time. we think the platform is unique and offers a lot to both our military partners, but also our corpororate friends there to have discussions with the military leadadership. vago: it is a tremendous show because ofhe number of folks you run into on the floor. we will be conductin interviews for future programs. have a tendencof thking this what you do all year. that is not reallyhe case. wh are some of the priorities you are advocating for on behalf of the navy, marine corps, ast guard leadership? >> there are many. we are concerned with sequestration. we ctinue to fight that battle and high to congress the need to do away with sequeestration caps. we conti

history of this country is always the history of going from one end to another; from extremes, like a pendulumties-- in issues that have to do with opening the borders or closing the borders. so we are going through a period that has to be seen in context. there have been others that have been similar. we have been also through better moments. i am not so sure, maria, that this moment is against a color as it is against class, and particularly, against foreignness, aliens, people that come from somewhere else. i think this is a particularly anti-immigrant moment more than it is anti-mexican, although i would be the first to say that mexicans are demonized in this country in a way that african americans were maybe 200 years ago and 100 years ago. >> hinojosa: and so in a way, you'd like to have leaders saying, "what's happening here is wrong, it's racial profiling..." >> and to learn from the... to learn the lessons, absolutely. >> i think it's very important. >> but latinos have no leaders. we are failing miserably. we have no leadership-- you guys do. >> hinojosa: so i want to get back, and w

>> we think the pendulum on discounting the fed has swung too far, they're not going to do anything soon camp, that's largely a reflection of a soft first quarter. what we always typically have is a much stronger second quarter. we think that's the case this year, as we go through that period, you will see people get a little more focused on the fed more around september in terms of a rate increase. but right now fed futures are talking december. that's going to add volatility and some risk into the equity market. liz: the fed futures pit is interesting pair of window. now it's pushed all the way out to december. john, help us invest around a frozen fed. what would you be doing right now? >> well, first of all, i don't think they're frozen. what they're signalling is dropped things like date references. they're becoming much more data dependent. the data has improved a lot over the last few years. and so i think people need to be in equities over the long-term, equities can still be a very profitable place to be, but i do think we're going to have a lot more volatility in the near to med

the pendulum has swung too far.sed to be i will take the vip's sidectim's side and see if they were correct would the officer be liable. summary judgment says he wouldn't be liable so we'll kick it out. the deference this shows in the lower court cases toward the police is untenable. the tolans have gone an incredible amount just to get the this far. it's incredible. the fact that they have the officer indicted in the first place almost never happens. we don't generally have independent prosecutors of officer-involved shootings. so oh the whole system is biased. not just qualified immunity for prosecutors. there is blanket immunity for prosecutors. if they are consistently engaged in activityiesactivities, unlawful prosecutions, supporting perjury of witnesses they don't get a problem at all. >> they have immunity too. >> they are throughout the system and they are why we don't get a will the of action against bad cops. >> indeed. this is such a hot topic. we'll continue after the break. up next we'll ask the questi

. >> the swing is a pendulum that catapults fliers as high as 30 feet in the air.performed on the swing in a show before, and they're hoping it will wow the audience. >> we were trying to have something maybe more exciting for the crowd, something they had never seen before. >> what the audience sees is certainly not what anyone expected. with the swing, timing is everything. >> all week before the show during practice, i had been leaving a little bit early, and so i had been going straight up. >> on the night of the show, nicole is determined not to repeat the mistakes she's made in practice. she takes off and does a single back tuck, but she overcompensates. >> i went too far the other way. i waited too long and i pushed really hard and it sent me more horizontal than vertical. >> the slight miscalculation makes a big difference in where nicole lands, and the mistake is compounded by something else that goes wrong that night. >> we would usually practice with an additional smaller crash pad on the end, but for some reason that day it wasn't there. >> with no cras

my has the pendulum swung to the other side here and then we have a very different environment. nafta. nafta was that -- remember ross perot said that giant sucking sound, and it did. it decimated to a large degree the middle class, and that's the problem here because now we're watching unemployment drop wages stagnate and we're finding out the middle class is shrinking. why did that happen and to a large degree it was nafta? that is not lost on those members. >> do you think that a lot of the apprehension among some democrats on this trade bill is because nafta didn't work and because they feel that any trade bill could lead to the same thing even though the president has gone out of his way to say this is not nafta. >> yes. >> and he was just getting out of law school when nafta happened? >> the north american trade agreement, that's what nafta stands for but we have to remember that many people in the democratic party like you said reverend al, are saying that it didn't work and it's disenfranchised a lot of the middle class in the country. two things with the fight with eliz

interesting to see the pendulum shift.ister shinzo abe, the trip to capitol hill this morning, also some complicated politics at play break that down for us. >> well you know craig, to me the biggest thing about what the prime minister is actually doing is trying to sell the tpp, and that's the transpacific partnership trade agreement. that's a big administration priority for the obama white house. it's also a priority for a lot of republicans who want to see free trade. it's opposed by organized labor and progressive democrats. it's really turned into one of the biggest last legislative fights that we're probably going to see in president obama's fourth quarter of his presidency and you're hearing the japanese make the case on why the trade deal should get done. >> live pictures while you were talking about the prime minister. >>> really quickly, let's talk about bernie sanders, the announcement expected tomorrow. bernie sanders in his heart of hearts knows he's not going to be president of the united states. why would he

where communities police department, and systems are in ser citizens are in serious danger, the pendulum swung too far, everyone is don't want to be accused of being racist or overly protective of police, and harmful. police are out of control? police feel like they are on trial, they are condemnd. >> they or trial. problem is that level of fear, leads to paralysis. that is problematic this is what we get as a result, this looks like a war zone, because someone does not know how to act ear leadership is afraid to take a position because of appearing in a way in a down want to appear. >> this paralysis, the basis you hit it, once you get into political correctness, you get into a gotcha mentally, he said that, and he said this. >> that is a landmine. >> that is what they are afraid of. >> it blows up in your face. >> you think post ferguson if we had seen looters put on trial, and actual punishment to those who destroyed neighborhood it might have made these things folks think about it. >> possibly. charles: i doubt it they are -- this is what i'm worried about. i grow up in harlem in '70

the pendulum has swung the other way. the lost cause message is only not dominant but hardly present at all. probably get some questions about that i suspect. but we are not afraid of including more stories as a rule because we now realize that there are more stories despite the lost cause's tenant that the south was unified. we know that that was not the case. the evidence is overing that it wasn't the case. so we're not afraid to deal with the complexionty of the south and the fragmentation of the south because it's true. >> and on that note we will break until precisely 11:30 when all be back and sitting down and not just back in the building. when the question and answer session will commence, if you have questions you still have your ways to offer them. so we'll take our second break. >> i've coverage here all day long from charlottesville from the university of virginia on a beautiful saturday morning in this area. that we'll take a short break. when we come back we'll do a question and answer session and then we un

the pendulum has swung the other way. think brewing, where colleges and universities feel that they have to take these accusations very seriously. in fact, they are required to now by department of education decree decree. they're probably not equipped because they're not courts of law. there's no rules of evidence apply with the judicial board and the campus. so they feel like they have to rule on these matters to the point of frankly expelling students who probably shouldn't be expelled. >> they have to adjudicate some sort of process before. >> or even if the law enforcement has decided not to take on the case. i could, i won't get into it but there are cases where the justice department has decided there was no crime or a hospital examining of victim found there was no rape or sexual assault and the schools feel they have to do something because an accusation was made and have to take action. >> if we look at uva, where of course that famous rolling stones article came out, completely debunked. >> that didn't really h

by the pendulum has swung in the last 14 months. rich greenfield says it is likely this deal is not going to go smooth. we will talk to him in just a few moments. the great divide. just of cigarettes -- joseph stiglitz also joins us. his personal passion i studied for decades. u.s. authorities are making big charges against smalltime traders in the u.k.. they say they played a major role in the flash crash five years ago. disappeared in a london court today. the hearing is going on. prosecutors say he used an illegal trek to artificially move prices. they say that helped cause the dow's wild 1000 point rise on may 6, 2010. he is accused in a scam that netted $40 million. we will talk more about spoofing in a moment. many are waiting to see how bill birds fares. and big bet against german bonds. slow economic growth in europe. >> the yield difference between the two is about 200 basis points lower for germany. 200 basis points lower in germany, what does that say? it says u.s. treasures are way on the by. betty: he now manages a bond

you will see the pendulum swing the other way.things going well domestically and that is what we are focused on. matt: i would ask if this gives you an advantage over the s&p but i am guessing because of your location that you are involved in some of the companies affected by the lower price of crude. craig: that has been a very big factor. anytime you see the commodity cut in half, like you have seen it, you are going to see real disruption. there has been a lot of companies with very small exposure to energy get hit just as bad in the market as some of these pure energy stocks. we see a lot of opportunities in things that have been hit hard with the perception of energy. there are a lot of texas banks that have been hit hard and we don't see that there is a real reasoning for that. even companies like trinity industries that makes railcar the perception is that all of the growth has been in the energy sec and are, but yet that stock is down -- energy sector but yet that stock is down 50%. there is opportunity. julie: for some of

and shut on the whim so as a society we need to be careful about the overregulation and get the pendulum in the middle and not be so extreme that we squeeze people out of the system people are adopting some of these new wallets and so on those are incremental opportunities but if it's going to other places because it's their last resort and they no longer can access the traditional system now it means a high minimum and no more free checking that pushes people out. >> would you think of the consumer financial protection bureau? it sounds like you have addressed this issue. are there other areas in the federal policy with which the rise of technology they've become more or less effective that the government can't do its job or is better able to do its job because these things have changed? >> i am not sure that i'm going to answer that except question but one thing to think about is how much more involved the federal government is in the financial system in this country than almost any country in the world and that if you think about the fact video and fannie and freddie and it's basicall

i think what we have returned to is environmental mortgage climate where the pendulum has swung to theme. it is taking it harder to access homeownership and made people rent a little bit longer. it is making people create a little bit of difficult ride for housing construction. alix: this was confusing to me when we take a look at the housing data. it is lumber prices. lumber prices are really tanking. five is that? you would think if you do not have as much supply as you need and demand is relatively moving in and of fort trajectory, why aren't we seeing that kind of demand? but i think there is a big difference between multifamily and single-family economic impact. multifamily has taken a lot of share so you can get more. supply and demand is the answer from my perspective. i am observing all of the stuff around me. the stock market is at an all-time high. i want to talk about that. alix: we will, don't worry. i think things are improving. it is choppy but improving. earning estimates that are too low. i think the market is going higher. alix: we do have is that local upturn. -- cycl

mark:today pendulum has swung to a point in which it's too easy for them to raise money.k you. mark tluszcz joining us from man grove. whether he look at the meeting with vladimir putin when we come back. guy: good morning. welcome back. you're watching "the pulse." live on tv and on your tablets and on bloomberg.com. hans nicholas is in berlin. hans so we're building up between this meeting between the greek prime minister and vladimir putin withsi crass making a statement today. hans:they may discuss some sort of discount on gas funds. it's just a question of what's going to be happening in return. there was earlier reports of talks of swaps. the meeting takes place tomorrow. mr.si practices -- europeans in particular what mr. tusk is going to be looking for is any breaks in sanctions visa have i the ukraine. if there isn't unanimity among officials it seems they will expire but we have not had any firm indication from cry priss or anywhere where they are trying to have -- guy: what is the game here? what do they want? hans: they are going to say they want to have open

is the pendulum swinging too far? we making it too hard for patients in chronic pain to get access to legitimate treatment. a lot of people are saying well, maybe the answer shouldn't just be about opiods because some people that doesn't necessarily help and makes them feel better a little while but might make the issue worse. maybe we need to look at other strategies. maybe we need to look at more physical therapy. so there's a big controversy right now in how we manage pain and part of it looks like the backlash to the opiod epidemic. is the pendulum swinging too far? that's something i hear a lot of concerns about, that patients whether they're nursing homes or in areas of the country where pharmacies are saying we're no longer filling opiod prescriptions are suffering from enormous pain and they're very frustrated by this dynamic. i don't have an easy answer to this issue but know it's a growing problem. host: song from wilmington, network, will be our last caller. shawn, can you make it brief? caller: yes, sir. m

last time round, you chose to end the pendulum swing that has short changed you time and time again.nd, you decide what comes next once again. and that is why every vote for the liberal democrat matters. that's why every liberal m.p. elected next month matters. only the liberal democrats can make sure the next government keeps britain on track. it makes reckless borrowing less likely. every m.p. makes george osborne's ideological cuts less likely. and every liberal democrat m.p. is a barrier between nigel forage and alex salmons and the door to 10 downing street. because the liberal democrats, we will always act responsibly. we will always act fairly. and we will always act in the best interest of the whole of the united kingdom. the truth is just a few hundred votes in a very small number of seats could decide whether it is liberal democrat m.p.'s or the next prime minister will be forced to listen to. that is a very thin line between britain being governed by a coalition with a conscience or a coalition with a grievance. i've seen for myself over the last few weeks the momentum tha

environment quite frankly that is being so critical of law enforcement that i think we'll begin to see the pendulumquestioning decisions and not making tough decisions and going to end up getting themselves or other people hurt. >> thank you for taking time from your day for us. >> we move on to discuss the weather situation happening around the country. there's a threat of severe weather and it's going to continue through the weekend across much of the country. there were reports of ten tornadoes from texas into kansas late yesterday. the threat of storms today stretches from colorado to florida. domenica davis has more. >> good afternoon, we're looking at the threat of severe weather in the same zone we've been seeing it over the past couple of days. from the gulf up into oklahoma and kansas and even the eastern part of the rockies, scattered showers and thunderstorms are going to be on tap. we are looking at an enhanced risk through southern texas, up through central texas and then again through parts of kansas. here is where we could have the threat for isolated tornadoes. the main threat will

a decade in terms of a vision of a country when we are talking up moving to the other end of the pendulumith the heritage of saddam hussein? here, i'm not blaming anybody, but i am also aware and wary that after a decade post-saddam hussein, the majority of the population do not know about his role, because if they were born after 1990, then they would not know saddam hussein. we cannot go and put the blame on saddam hussein, even if he is blamed. we know he is blamed because of the social engineering and what we see now in the territories or in the dictatorship or in the socially destroying the fabric of society. we know that. nobody is disputing that. for the academia, it is clear cut where the foundations and whose strength supported -- but for the society, the young ones who seek to be employed and have a job and so on and who, by the way, are very active in social media, so they have a very good awareness of what part they take in the region and elsewhere, they have the question. we in iraq need to answer that question. post, current and future generations need to answer that questio

in ukraine's history, ancient history but post-soviet history has been sort after pendulum swing between these two phenomenon. you had yanukovych -- >> i don't mean to interrupt you. we're having very long questions today. we need a question. >> sorry. do you get a sense of the extent to which ukrainians favor dispersal of power in their political system that where there are checks on the power of a leader like you see with poroshenko, many of the checks are informal from the street as well as formal and constitutional, or whether they do pine for this strong man? >> thank you very much much. the negative attitudes towards putin certainly suggest to the contrary and rejection of his claim of a right to intervene to protect russian speakers speaks to that as well. by the way, russian speakers, we pulled them out reject the idea as well. as for views of russia more broadly, we did have the question about russia's role in influence in the world more broadly and russia did not do very well, except in somewhat of the rebel-held areas. so overall we, the overall finding of the survey is that w

need to be careful about the overregulation, we need to have smart regulation, we need to get the pendulum on the middle. but not be so extreme we squeeze people completely out of the system. i think if people are adopting some of these new wallets and so on, those are incremental opportunities. those things have lots of upside. but if they are going to other places because it's their last resort, they no longer can access the traditional system that the sources of traditional funding for checking accounts that used to fund everyone now means high minimums and no more free checking that effectively pushes people out. those unintended consequences of regulation i think we should be concerned. >> a bunch of people want to press you. what do you think of the consumer financial protection bureau? it sounds like you have addressed this issue of unintended consequences that we want to think through. are there other areas of federal policy with the rise of technology they have become either more or less effective, that the federal government can't do its job or is better able to do his job becaus

decade in terms of a vision of a country where they are talking about moving to the other end of the pendulumeritage of saddam hussein. here i'm not blaming anybody but i'm also aware and wary that after a decade post saddam hussein's rule majority of our populations do not know about saddam hussein's rule because if they were born after 1990 then they wouldn't know saddam hussein. we cannot go and put the blame on saddam hussein. even if he is blamed, we know he's blamed because of the social in what we see now in the territories. or in the dictatorship or in socially destroying the fabric of society by vul churl violence. we know that, nobody is disputing that. so for the academia, it's clear cut where the foundations and who supported it or not. but for the society, our young one who is seek to be employed and who seeks to have a job and who, by the way, are active in social media. so they have a very good aware rans of what is taking place in the region and elsewhere. they have that it question. we in iraq need to answer that question, post, current and future generations need to answer t

in terms of a vision of a country where they're talking about moving as to the other end of the pendulum with the heritage of saddam hussein? here i'm not blaming anybody. but all -- i'm also aware and wary that after a decade post-saddam hussein's rule majority of populations do not know about saddam's rule because if born after 1990 which they have something like 60% of all population are young, then they wouldn't know saddam hussein. we as in governing iraq we cannot go and put the blame on saddam hussein. even if he is blamed we know he's blamed because of the social engineering hindered in what we see in the disputed territories or in the dictatorship or in socially destroying the fabric of society by cultural foreign violence. we know that. nobody is disputing that so for the academia it's clear-cut where are the foundations and whose -- who supported it or not but for the society our young ones who seek to be employed and who seek to have a job and so on and by the way are very active in social media so they have a very good awareness of what's taking place in the region and elsew

the pendulum went too far. now, it's long back. fortunately the climate is right now for forfeiture reform, and other criminal justice reforms. it is one of the few issues that there is huge bipartisan agreement on in congress. this is -- the forfeiture reform is a totally bipartisan effort and has been for many years. host: time for a couple more calls. paul is in oregon. caller: regarding the stacking principle and deposits and withdrawals, is this a statute or is this an administrative develop law meant to enhance the investigation of money laundering? is so, why is it being used against people who otherwise would be an ascent? islam is like entrapment -- purposely not letting someone know about the law. i can understand using it, but when they use it against people who don't want to make a deposit because of safety or the bank teller tells them, then the bank teller is complicit. guest: it is a statue. title 31 u.s. code, section 53 24. it was enacted in the early 90's. it makes the structuring a felt felony offense. at the tim

i think this is a pendulum.en i was younger and most people be home when the street lights come on. you just disappear on your bike go play with your friends y. would never do that today because i know what's out there. i guess, maybe it was like in the matrix take the blue or red pill. when i became a cop and judge i took a pill that opened my eyes to all the predators out there and all the people that could do evil things to your children. parents became protective. i think we will see those numbers go up. >> thank you very much. >> thanks. >> that's the final ruling. >>> a change to united states hostage policy. a new report that parents may be able to pay terrorists. >>> and a sports arena is turned into a out door lover's paradise. we are live from one of the most incredible shopping destinations you're ever going to see next. ♪ apand now they can transform it with the new angie's list app you can you can get projects done in a snap. take a photo of your project or just tell us what you need done... ...and

you said that was the pendulum swinging in the other direction. also seen some moves recently. wells fargo which is another huge auto lender recently said it was going to be pulling back on lending and imposing a cap. that has people wondering if you're going to do the same thing. >> i think all of us have a mix in our business model we're trying to get to. we've been averaging around 9% in the subprime space right now. we have some room in our own business model to do more. again, it's 9% on originations $40 billion a year. >> i know this is an issue. when i talked to people in the industry, they have told me this is not a prb o. this is not something -- what do you make of those starting to say is this a bubble. what would be bubbleicious to you thinking we've gone too far? >> sure. i guess we are all concerned about a bubble. so we invest in our technology and our tools and underwriting and our policies to try to make sure we don't have a bubble. we all own these assets so if there is a bubble we bear the brunt of those losses in our businesses

this is the weirdest pendulum swing. in favor out of favor. >> part of the nature of capitalism.d now it's swinging back, again. so, you'll see this over long periods of time. i think, you know much like medicine, your last segment. modern management signs continue to improve and things makes much more sense. the notion that you should stick to your competitive advantage is a sensible one that should always prevail. >> can i ask you, do you think there's much made of the fact that the regulators and the whole idea of them being designated. do you think if that had not happened, do you think they'll still be doing this and should they have done this? >> that's a great question. if they had not had the issues i think they would not have spun it off. at least that's my understanding from people i talked to or close to the situation. that a big focus about it they have a huge amount of staff dedicated to compliance issues and bleeds into their industrial business which continues to do well. it seems like metlife taking extraordinary steps in the last couple years to try to rid themse

. >> you can say the pendulum swung far too much in the other direction and the u.s.re the u.s. to the rest of the world. we have five times more number of people behind bars than other rich countries. seven out of every 1,000 people in the u.s. are in prison. >> right. and obviously this isn't a secret but it's been happening in front of all of our eyes for a long time and we didn't really all focus on it until recently. so that's one of the things that's so encouraging. this used to be a wedge issue and now it's a consensus issue. >> wes moor is in baltimore. wes? >> i think we have to look at it from twofold. you have the issue of mass incarceration but then i think we have the issue of reentry. i was asked if you could speak briefly about that because the truth is 95% of people who are currently incarcerated are coming out. only 5% are there for either life or very very long sentences. how are we thinking better about issues of employment and job bases and training while people are in prison as well particularly for the ones who will be coming out in relatively sh

the opiates were the way to do that and i think they were sincere and most of them and also the pendulum began to swing and it never stopped and got two places where you are prescribing hundreds of the pills or any kind of ailment, wisdom tooth extraction and things that had never before been prescribed for hand, you have a small town in a forgottenbtj smuy mexico a counsel called jalisco, onew3 ofe1 mexico's mallest statesjfxdr tan connection to farmers that grow opqápuu)qj they develop']/çó way of selling heroin bz!ekÑi tar heroin, kind oflp sticky -- looks likexd ai]çó tootsie role and theyw3 sell itfá like pizza. they use@?=p)keting to delivery convince customer service. deliver it to your door.uui in 1998, for the first time, the first time in the history of america, when black tar heroin from mexico crosses the mississippi river to get to places like ohio. they lan in columbus, one guy in particular tell the store he comes to columbus and establishes there. they then begin to sell and their system is unbeatable because it is hitting presicily at the time when the heavy, heavy promo