. >>> next, a conversation with first term republican john ratcliffe of texas. he went on to run uncontested in the general election. at the time, congressman hall was the oldest serving member of congress. >> congressman john ratcliffe from the fourth congressional district of texas. you challenged a sitting incumbent republican, the longest serving member of congress and also world war ii veteran. why did you decide to run for congress and why in a republican primary? >> well, steve, i had been involved in public service before. served as a small town mayor. i served as u.s. attorney under president bush. i found that i enjoyed public service. it really was a calling that came to me. and i tried to help like a lot of folks i was frustrated with president obama's first term. i tried to help get mitt romney elected as president. i served on the transition team for what would have been a romney administration, and obviously that didn't happen. i was extraordinarily frustrated. really made the decision, you know, i need to check out of politics altogether and find

ratcliffe: thank you, mr. chairman. admiral, first of all, i like to thank you for your 34 years of dedicated service in the coast guard. i certainly wish you the best of luck in your new role as the tsa administrator. you have a very difficult job ahead of you. as a number of our recent hearings in this committee have highlighted, there are some immediate and frankly glaring problems that you will need to address in this new role. we need to only rewind the clock a few days to underscore some of the troubling gaps that exist right now at the tsa. i'm sure that you're aware that three days ago on sunday at the dallas-fort worth airport, a 26-year-old man was able to bypass tsa a security without a boarding pass or any identification at all and get on a plane to guatemala. according to the police report, it was only after the police were called and the individual left the plane that tsa's security became aware of the incident. i want to give you an opportunity to respond to what happened at dfw and give us any informatio

ratcliffe: thank you, mr. chairman. admiral, first of all, i like to thank you for your 34 years of dedicated service in the coast guard. i certainly wish you the best of luck in your new role as the tsa administrator. you have a very difficult job ahead of you. as a number of our recent hearings in this committee have highlighted, there are some immediate and frankly glaring problems that you will need to address in this new role. we need to only rewind the clock a few days to underscore some of the troubling gaps that exist right now at the tsa. i'm sure that you're aware that three days ago on sunday at the dallas-fort worth airport, a 26-year-old man was able to bypass tsa a security without a boarding pass or any identification at all and get on a plane to guatemala. according to the police report, it was only after the police were called and the individual left the plane that tsa's security became aware of the incident. i want to give you an opportunity to respond to what happened at dfw and give us any informatio

. >> our final freshman profile of the day, congressman john ratcliffe of texas. he defeated incumbent ralph hall in the republican primary and went on to run uncontested in the general election. at the time congressman hall was the oldest serving member of congress. >> congressman john ratcliffe from the 4th congressional district of texas. you challenged a sitting incumbent republican, the longest serving member of congress and also world war ii veteran. why did you decide to run for congress and why in a republican primary? >> well, steve, i had been involved in public service before. served as a small town mayor. i served as u.s. attorney under president bush. i found that i enjoyed public service. it really was a calling that came to me. and i tried to help like a lot of folks i was frustrated with president obama's first term. i tried to help get mitt romney elected as president. i served on the transition team for what would have been a romney administration, and obviously that didn't happen. i was extraordinarily frustrated. really made the decision, you k

there, he stopped at the house of the ratcliff family, where laura ratcliff was one of the daughters.nown tonel stuart was stay in the houses of those who have the prettiest daughters as he traveled. laura fit the bill. after stewart, mosby, and a few of stewarts officers had a meal, and we're getting ready to leave, laura spoke up and said, it is a shame for you to live general, it is hard for us to live in concord territory. stewart thought for a moment and replied -- i will not desert stuart thought for a while and replied, you are such good southern people throughout this section, i think you deserve some protection. i shall leave cap in mosby with a few men to take care of you until we can return with victory. i want you to do all you can for him. he is a great favorite of mine and a brave soldier, and we shall soon hear something surprising from him. >> mosby realized for the first time that he is about to begin the opportunity to do something he really wanted, to lead an independent command and conquer territoryin conquered territory in enemy rule. stuart left mosby behind with

. >> reporter: john ratcliffe came with his wife to sell his 1970 blue challenger.his is his fourth auction. >> it's a short drive from the washington area. short drive from the new york area, so it draws a lot of east coast buyers. i like that. >> reporter: going once, twice, sold. if you want to move a lot of cars you have to talk fast. anyone who ever watched a good auctioneer knows, there's an art to calling. meet the lead auctioneer. he says the most exciting part of his job is when a car sells at a world record price and the crowd goes wild. i'm a newbie, so what should i know? >> the first thing, don't impulse buy. >> reporter: believe me it's easy to do. so many of the cars are beautifully restored. >> do your research, look at the car, buy the one you want. look at it. that's my main advice. >> reporter: now, this is a business that operates like a family business because it is family business. established in 1988, up in wisconsin, by president dana mecum. he oversees the transaction of each on-site sale. >> we looked very hard, pairing a lot of young peopl

joining us now is courtney ratcliffe from luke capital. love to know what do you with this market. attractive? >> i'm buying. maybe not today, but i definitely all week have been buying. i'm a buy and hold investor, not doing flipping. the names what is in on monday and tuesday after the close, where there is a huge sell imbalance on the close. there was a lot of opportunity there. apple, walmart, procter and gamble, definitely active in lululemon. didn't buy target and nike but i think they are good buys, especially going into school season and everyone going back to school. i think their earnings will be nice. >> we are looking at about $1 billion to buy according to art cashin. >> my desk said the same thing today. >> it's an interesting mixture within your portfolio. what is the top pick? what are you most convinced about for further up side from here? >> apple. where i bought it and from here even, i think it's going to grow significantly higher. i think people are equating where the price is right now to china and the exposure to china. i look at that as a positive. last time