putnam, author of "bowling alone," what's the theory of your book? >> guest: well, my theory is that connecting with other people has great value for us personally and for our communities. i use the term social capital in the book to refer to the fact that social networks have value they have value for the people who are in them. most people in america, for example, get their jobs through them. you know, i did--i did and most people do. i don't mean that in a nepotistic sense. i just mean we--we learn about jobs through--through social connections. and there are many other values to us personally from our social connections. there are positive effects on health from connecting with other people. but social connections also have value for people who are not directly in the networks. if you live in a neighborhood where people know one another, for example, as i do, that holds down the crime rate in the neighborhood, even for people who don't themselves go to the barbecues in the neighborhood; that is, the general effects of social capital, of social co

mad lm putnam. [inaudible] beezly. mason von. rox ana sal zar. [inaudible] bird. david mckinley. there is much to be thankful for in terms of the next generation of poet [inaudible] who will follow us and hope that despite all evidence to the contrary the succeeding generation is willing to embrace the emplausible and pursue the impossible and imagine the impossible. i want to make sure that i acknowledged my wife, sherry who among other things probably got me every job i ever held in the last 25 years. i thank you for most married couples there is vested interest in getting your husband out of the house otherwise he is hanging around doing god knows what. also, my wife taught me a great deal about what commitment and love looks like every day in ones life and i have clearly gotten the better half of this deal. she agrees with that, see. that is a intelligent woman. the last thing i want to say is, i think this sid city of san francisco is on many ways on the van gaurd of this on rushing on slot of nob and fanatics who somehow hijacked our system of government. we run the risk of

marge putnam was shot by her husband of 38 years after she decided to leave him. >> i think she probably thought she had reached the point where she was strong enough to stand up to him. years, earlier years, i think she did whatever he wanted her to do. >> marge's family says the controlling behavior had gone on for decades behind closed doors >> you get in this small community where you have this one person that is doing everything right and even though at home he's either physically or mentally or emotionally abusing his wife, nobody is going to look at that. >> there's a tendency too to not mind anybody else's business. you know, "that's not my business. if that's what they want to do over there, well, as long as it doesn't affect me, that's ok." >> we begin to go out into the community, and we begin talking about domestic violence and that began to change the mindset. folks begin to open their hearts. and in about nine months people in okonee county gave over 1 million dollars so that okonee county can have a shelter for victims of domestic violence. >> it will be the first safe hou

them brings us to get ideas in a sea of people in ukraine in nineteen ninety four it matches the putnam now they can either keep the crimea one line. way to sway union decides that way. there is this a court costs if a president to like each week it's create it by the likes to mind was on getting the teaching them. one of the shoe situation without stating i get to go to what's happening in crimea takes a break to cost effective said yes. i make is independence it's why the years. many trains across the country was taking the lead to the fact that my student attendance not so blessed to visit according to united nations should at least the odds are in the west and contents to the cake cos if a mutation in two thousand and ten. show up not the most poignant reflection in his eighties and a new ticketing staff visitation at the rate it makes you sad. option one adult male. inside you. i want to snuggle. washing and using these. that is yes. yes we'll do our budget the cherry tree from baby to carry its independence a scent like it. in my eyes at me like to hide secret agents do not allow

. >> your buddy charles murray or bob putnam have written books on this, we have got this tailspin of in our innercities in particular of men not working and just generations of men not even thinking about working or learning the value and the culture of work, there's a real culture problem here that has to be dealt with. >> there are just a couple things that need to be addressed here, this cultural tailspin where men don't work -- did you notice how paul ryan sees this manifesting in our innercities in particular? what do you think he means by innercities? >> here's my question, who are the ladies? >> we're the ladies. >> i'm not the ladies. >> yeah, you're the ladies. >> no, that's a little far from the center of the city, maybe when he says innercity, he's talking about something closer to midtown like this? >> in publishing you need two things, a tough hide and a dry martini. >> martinis in the morning, is it allowed? >> only in absolute emergencies. >> maybe he's worried about the declining culture of this innercity. >> my mind -- this gypsy trash will not have anything near and

and the dekalb and putnam county sheriff departments have come up with a creative way of getting peopleemselves up. >> as sheriff i was looking for innovative ways to do my business. every sheriff's department in the country has numerous warrants that are outstanding. people become difficult to find. >> the inspiration, a fake giveaway used by the federal marshal service years ago. >> we sent out letters to someone telling them they won a laptop computer and they would need to show up, claim their laptop computer. >> these people have been call -- conning us for all these years, it's time to con them. >> they made a new business cbi computers. as cameras roll, detective powell runs through the details. >> we've already got customers outside waiting to be arrested. the way that the operation is designed is in the location we'll have two to three cbi employees at this point. >> the office is staffed with members of local law enforcement acting as cbi employees. once the officers confirm the identity of the person coming to claim their prize, another employee leads them to the room where t

. >> you know, your buddy charles murray or bob putnam over at harvard, those guys have written booksn this. which is that we have got this tailspin of culture in our inner cities in particular of men just not working and just generations of men not even thinking about working or learning the value and the culture of work. and so there's a real culture problem here that has to be dealt. >> ryan quickly backed away from the language, after taking heat for his comments, saying he was inarticulate about the point he was trying to make, and not implementing the culture of one community, but a society as a whole. on sunday, reince priebus defended ryan. >> i mean, paul had said that he thought it was inarticulate, but quite frankly, i mean, democrats are lying in wait as well to pounce on whatever -- >> but, that's how -- >> but whether democrats pounce or not, comments like ryan's won't help to erase the enormous deficits republicans have with african-american voters, as shown in 2012 presidential exit polls. an 87-point gap. joining me, "washington post" opinion writer and msnbc politica

bob putnam has talked with us a bunch about this. he's done really careful work. charles murray is another guy with a very different political background but also looking at communities and what happens when work goes away. the stories they tell and the data they share, they're absolutely chilling. like erik says, divorce rates go way up. children lived in single-parent homes go way up. incarcerates go way up -- incarceration rates go way up. voting goes way down. they just become these really, really troubled communities, and almost all of the work we've with looked at says the cause is very clear, it's when work goes away, these bad things follow. so we're terribly interested in solutions like a negative income tax and earned income tax expansion that preserve work for people. it seems really important to do. >> it's too bad the president is otherwise occupied right now, his state t of the union -- >> watch it on video. >> someone needs to get him a copy of this book, i think. [laughter] >> well, this is one question, what would you include in president's state

. >> you know, your buddy charles murray or bob putnam over at harvard, voez gthose guys have n books got this tail spin of culture in our inner cities in particular of men not working and just generations of men not even thinking about working or learning the value and the culture of work, and so there's a real culture problem here that ha

there are some products out there that i've used and started with in a smaller fashion like there's a putnamund that can go up to 30% shorter any given time and up to 50% at any given time. it's a good place, i believe, to park long-term money when you believe the markets have a huge run to the upside. >> i tend to be with anthony. i don't like any time they have these fees -- sorry, murph. again we disagree. i don't like any time they start to put on these heavy fees on top of all this and the strategies as you're talking about the vinegar and the ice cream. sick to my stomach. >> i'm talking from my own economic interest. skypers could launch one of these with fanfare but it's not the right thing to do for clients. vinegar over ice cream when they're pitching that product. taste that. >> some of these places are serving aged balsamic vinaigrette. >> if you like that go with them. >> murphy won the trade. let's start with final trades. >> cisco. >> bye cog. >> pete? >> ashland. i think it's going higher. >> i like the pullback in cos o costco. >> have a great rest of the day. "power lunch"

. >> you know, your buddy charles murray or bob putnam over at harvard, those guys have written bookse have got this tailspin of culture in our inner cities in particular of men not working and just generations of men not even thinking about working or learning the value and the culture of work. and so there is a real culture problem here that has to be dealt with. >> well, the reaction from many was swift and sharp. and today ryan told nbc news, the "today" program that, quote, i was inarticulate about the point i was trying to make. >>> we're back. paul ryan has been on a poverty kick lately. earlier this month he released a report which blames government programs for perpetuating poverty, said the programs created what's known as the poverty trap. last week he went after school last year roughly 2/3 of his entire $5 trillion in budget cuts. cuts came from medicaid, low-income housing. anyway, ryan would spend much of that savings by reducing taxes on wealthy americans. does that sound fair? what do you think? bob herbert, senior fellow at demos, and ed rendell, former governor of p

and he published it in putnam's monthly journal based, you know, a publication here in new york and cameout in three segments in october, november and december of 1855. and i think the -- there were notices of it in the times describing the narrative as a weird-like narrative, creeping horror, reading it as a creeping hour are. -- horror. but i think it went quickly into obscurity like much of his other writings until the 1920s. >> and when you went with about reconstructing this, i mean, you saw you sort of came across and this was sort of mind-blowing footnote first, but you went all over the map that this story covers, and you were finding -- what i find kind of amazing is how intensively documented all of this is. that all the cap talk abouts were, like, writing correspondence describing the plight of the terrible l conditions of the slaves, the crude calculations of turning slaves into commodities and protecting slaves and trading them off and figuring out -- all of that's on paper and preserved. >> yeah. >> and how were you able to reconstruct this exact shipment on its unbelievabl

. >> you know, your buddy charles murray or bob putnam over at harvard, voez gthose guys have n books on this, which is we have got this tail spin of culture in our inner cities in particular of men not working and just generations of men not even thinking about working or learning the value and the culture of work, and so there's a real culture problem here that has to be dealt with. >> now, our friend at think progress was the first to report on the exchange, and since then, the blowback has been intense. coming most prominently from democratic house leader nancy pelosi who called it deeply ignorant, shameful, and disturbing. and from congresswoman barbara lee, who called the comments a thinly veiled racial attack. in fact, the blowback has been so substantial, ryan issued a statement to nbc news this morning. it reads in part, after reading the transcript of yesterday morning's interview, it is clear that i was inarticulate about the point i was trying to make. i was not implicating the culture of one community, but of society as a whole. we have allowed our society to isolate and

. >> you know, your buddy charles murray or bob putnam over at harvard, those guys have written bookstailspin of culture in our inner cities is in particular of men not working and just generations of men not even thinking about working or learning the value and the culture of work. so there's a real culture problem here that has to be dealt with. >> now, let's keep in mind that the congressman ryan did walk those words back. his office released a statement. after reading the transcript of yesterday morning's interview, it is clear that i was inarticulate about the point i was trying to make. i was not implicating the culture of one community but of society as a whole. >> has he been to rural texas or rural appalachia? i mean, here he was pinpointing one specific group. i think it is good that he's talking about poverty, but it's not regrettably just for one group. it's not just for blacks or latin latinos. it's an all-around problem. >> he says, oh, you should volunteer for your church. let all the churches take care of the poor people. i grew up poor from trenton, new jersey, raised

cents higher than you thought you would, you are right about buying tesla or -- >> looking toward putnam retirement. i'm just saying it's rigged. >> that should not be allowed. >> and you can also -- someone is trying to sell books, too. >> and "60 minutes" is trying to stay relevant. >> i don't disagree with you. >> right. i think the key is that this does need to be fixed. any type of stealing is there, but the idea that you as an average investor can't make money off of it, it's not the right thing to be doing their alternative too much. i think i agree with michael lewis and joe that they should eliminate this, the exchanges are popular looking for rev nol and the amount of money that has higher, 5 cents, we have removed the margin in part because of the high-speed traders and other people to provide the liquidity. i don't know if that's a valid argument. >> it totals hundreds of millions of dollars if not more. anybody gets their first. >> and if you know what trades are coming down the road, you can get in to position yourself. >> there's -- i thought it was interesting to see ihor

spin or spiral that we're looking at in our communities you know your buddy charles murray or or bob putnam over harvard those guys are written books on this which is we have got this tailspin of culture in our inner cities in particular of men networking and generations of men not even thinking about working or learning the value in the culture of work and so there's a real cultural problem here that has to be dealt with. this is i think the most insidious aspect of white privilege is and i think paul ryan was demonstrating this is that. the the the the most privileged part of white privilege is going through your life never asking the question did he just do that because i'm white. and i'm guessing paul ryan's never had that experience you know people of color people who are jewish people people who are. who somehow stand out in compared to the the white were culture or whatever are often asking themselves you know to be interesting because i'm still in the blank right but but wasps know and i think paul ryan says oh i didn't understand what i was saying i didn't understand what these wor