phil graham, before we put it on the screen, graham, rugman, holings, last time we went through this, 30-year bond. i can quite accurately remember how the interest market paid a whole lot more attention to that issue but let's read something that phil graham wrote. let's put it on the screen. even after the sequester, the federal government will spend $15 billion more than it did last year and 30% more than it spent in 2007. why is this important? steve liesman did some good work this morning showing a bit of a nuance. and the nuance is, once you had the credit crisis, we saw that spending ramped up rather dramatically. and you'll recall, february of '09 wasn't only the rand, it was home modification, the stimulus. since then, it has moderated a bit. if you look at that moderation, it's a pretty big drop. but no matter what, the absolute level is still higher than when we started which is the point of phil graham's op ed. we now live in a world where if an average family says, i have to cut back on my spending, the bre bre bre breadwinner isn't making what he used to. but you spend l

drone program and enthusiastically support it it was republicans who who blew up the list was phil graham's handiwork it all you know now republicans are doing a one eighty why. well i'll say that i'm probably a conservative first and a republican second ok so some of the things that george w. bush did were not conservative things and they deserve to be criticized you think the big banks should be broken and i don't i think that what shouldn't happen is that there be anything too big to fail that that cause too big to fail means the taxpayers would have to fail i'm scared right now you're lation right so we have big government to prevent companies from getting too big to fail tom might here my concern if i could just jump in you know my concern is is that the obama administration after democrats have lambasted president bush and again he knows many can things he did that were not conservative i threw i'm not going to serve it at the finish line i thought of the other and more of paul it's and it's politics. let me let me i want to know we're going to let me ask you a question. here on this

a republican versus a democrat, lloyd benson versus phil graham. sent their era, sort of the last of the yellow dog democrats. the first of the blue dog democrats in phil gramm to turn republican. there it is, start your voting. it's going to be fun. and i have to say i don't expect all four of our number ones to make it to our final four. >> i love this idea. chuck, i just don't know what you mean about people taking to twitter to complain. i'm not familiar with that. anyway, thank you, chuck. >> reporter: it never happens. >> go to first read on nbcpolitics.com to get your senate madness on. vote for whether lloyd bentsen or phil gramm should be the 64th member of the tournament. the winner moves on to our other matchups that will begin next week. we'll unveil the brackets beginning on monday. >>> our gaggle is coming up next. why the sunshine state may be brightening hillary clinton's 2016 prospects. >>> never forget the white house soup of the day, chipotle boeef. it just makes me think of a chipotle burrito in beef broth. i met it's a little mo

interestingly enough on our side because we wanted to pass a debt increase, if that sounds familiar, and phil grahamd to start spending. all of the staff i talked to on both sides of the aisle thought it was a stupid idea then. we felt pretty good because in 1986 when president obama signed the first and only major sequester up tull now, he thought it was a stupid idea. >> why would it be entertained again? >> i think it's an skpaem pl of people who have not lived through history or don't care to remember it. for many people now in the house and senate, the sequester is brand new word. they were in high school or college or somewhere else 25 years ago, and they think it's a very smart idea, we'll just have these cuts occur if we don't do anything. >> except some of those lawmakers were around. i mean mitch mcconnell, some real senior lawmakers that are part of this process and part of the dialogue with this president were part of that history during the reagan years. so what happened? >> most of the folks who worked on that have retired. it leaves very senior people like mr. mcconnell and mr. reid r

and so what we find is people who already have guns, railroad the famous it was senator phil graham from so back maybe more, who famously said on debating this issue in the united states congress, he said, you know i may have all of the guns that i need but i don't have all of the guns that i want. or want, being a three-syllable word for him. >> that's the way he said it. >> that's what he meant. we talked about that earlier this morning. at a time callers prove this is the case. right? re9 peter, one guy called and he owns 15 guns. >> 15 guns. >> he was driving in his truck and he had four guns in his truck. >> yeah. that seems safe. four guns in your truck. >> there was another guy called from florida and said he had four, five, six, whatever. >> that's what is happening. the people who really are paranoid until they need a gun or even legitimately feel they need a gun to defend themselves and their families have never have enough guns the more guns they have the safer they are. which is lunacy as far as i am concerned. but there is the ones who are buying the guns. it's not that ever

i have something that phil graham used to discuss about how it's one thing to create a safety net. and we're for a safety net here almost universally. but to turn the safety net into a homock and ask somebody else to come to do work that americans aren't willing to do is a reach i'm not willing to accept. neither do i accept the idea that there's work that americans won't do. every single job category has americans working it in -- in it in a majority of that job category. we saw some that have data today, madam speaker. i'd say this instead. we are a country that's richer than any country ever in the history of the world. we have more technology than ever in the history of the world. we have more cap -- capital created. we have more human capital, more know-how, more can-do people out there to pull on the roars and trim the sails and navigate the ship and do all of the things that need to happen. this country has all of those assets and all of those resources in greater number and supply by any measure than any civilization in the history of the world. and, madam speaker, we can't

canada will go on to win 10-3. >> phil mickelson and birdie in 2 and he has 69. grahamd with a lead with an early eagle. tips it in, forin back of tiger woods with 69 and tiger shot a five under 67 including this one on 18. look out for him on sunday. >> warriors are currently four-game into a 7-game home stand at oracle. this is chance to seal a spot for ellis. monmunta loves being his old team. 14 points in the first half. curry, won't let munta out do him. there is a jump earned a david lee, he picked up the lack and had a double-double. warriors up one at the and a half. bucs are too much in the second half. warriors 2-2 on seven game home stand losing 103-93. >> you just play better and we thought we could beat any team in the league. >> and men's tournament, gonzaga advances to the finals and st. mary's got all they could handle from san diego. up by one and now down by 3. here a huge 3! to tie the game we go to overtime. to mr. young and gales are up. st. mary's survives 69-66 and face gonzaga on monday. >> and stanford woman and colorado make stanford sweat. buf

phil mickelson, approach on 8, just short of the hole. he finishes one under, 71 and tied at third place. tiger's partner grahamor third. steve stricker, long birdie on 10 nothing but net. he is two shots back of woods and he gave woods some putting advice on wednesday. he had only hundred putts on 27 holes. fewest ever. tiger wins his 17th title with a final round of 71. >> i played well this week. thank you steve for the putting lesson. it was one of those weeks i felt pretty good about how i was playing and made some putts and pretty much got rolling. >> group "d", u.s.a. facing canada come from behind and moving to round two. canada after the brawl against mexico. team u.s.a. trailing and michael saunders give the canadians a 2-0 lead. two men on. adam jones doubles and david wright score. 4-3 u.s.a. and then craig kimball closes and catches joey looking, u.s.a. wins 9-4 and they and italy advanced to the second round in miami. >> cactus league action giants and brewers, matt cain four strikeouts in three innings. here is an r.b.i. single and still fighting for a roster spot. and nick doing his part drills

senator lindsey graham one of the republicans dining with the president. this might be a dr. phil take a listen. >> i see the president reaching out. everybody wants to, you know, be dr. phil about what he is doing. i'm assuming the president wants to talk serious buy about -- seriously about the issues of the day. he will go up to capitol hill. he rarely does that meet separately with all four democrats. same in the senate. first time he has really done that since 2010, shep. >> shepard: this is a new strategy to do, what? >> well, is he sort of going around the leadership. if you look at some the faces that will be there, more rank and file senators like lindsey graham. not people on the list that not there speaker john boehner mitch mcconnell who he hasn't had a lot of progress with. going through some of the rank and file. is he not worried about that jay carney says this is all about trying to find different ways to bring people together. take a listen. >> frankly, i wish he had done more of that over the years. we have had all of this very limited interaction with the presid

was phil gramm is to his efforts the commodity futures modernization act that allowed the banks to turn into a commodity that they can then trade on commodity exchanges that were unregulated and graham leash while that did away with steel that regulated the banks and then divided commercial banks checkbook banking from gambling banking is that a correct analysis you see those like the aussie on a very rotten kike because you already had an enormous level of it before that and this was just basically removing barriers to accumulation of yet mode it so if you go back to i think about. non chain ninety two ninety three you had a debt bubble and small collapse back then and by ninety four and already five i think it reached about one hundred seventy five percent of g.d.p. or private debt level that's the same with all the loops that it could at the start of the great depression so you'd already reached that level and then you get when you get about two hundred percent of g.d.p. that's when you stop to see the financial sector pulling some of these disasters in during the dot com bubble you know the whole thing i mean i think if you look at the daughter and she went to the bubble really