. >> good afternoon, my name is richard johnson. i've been involved with the hays sprally for about 24 years now but for me it was great because i walked over here today so i not only got to see what the vision is, but what the reality is and we are turning into a very critical juncture now with the market boulevard and octavia plant. the duty about paul -- paul to me, there's about three reasons. first, paul was born right on oak street, which is maybe a tad bit out of this neighborhood so he's been able to see the changes in our neighborhood. that in itself is a beauty. paul's other beauty is his skill to skillfully bring people together in such a way where he was such a tone of mindfulness that people are eager and willing to give their voice to an issue. and that sometimes can be of all sides, which for me as someone who's invested a lot of time in a neighborhood, i think paul is going to one of those types of person. he looks at an issue and a lasting solution. and the other thing is with paul, paul has been through the process

the big picture, as if you look at history with richard nixon, johnson in vietnam, and any number of actions that have been sued since then and that will sue in the future is whether there is anything that can be done by the house of representatives or by the is notate it make sure that the president's obey he the law. an it do that, they compel the president to do that by court order or to clear judgment so all of us can understand what the law actually means. and this will be binding going forward so if you happen it have a democrat house or democrat senate or republican president, it cuts both ways. but i think is important to our constitutional process to be able to establish what the house and senate cannot do vis-a-vis the separation of powers over the president of the united states. so the bigger picture going forward is this is very much bipartisan. >> let me ask you about your picture on this. had mitt romney won in 2012 when he was in charge of bringing into action the affordable care act and he decided for reasons of efficiency to deplay implementation of the employer mand

audience members wanted to ask you to tell us about richard russell and his role and what was his -- and also about his relationship with president johnson. >> well, richard russell was from georgia. his father had been a justice and chief justice of the supreme court. he had been a governor. he had come to washington during the new deal. he was a basic supporter of franklin roosevelts releelect riffication but he was a segregationalist and a hopeless racist. he was raised in an era where he was taught by his ancestors to believe that the civil war was a noble lost cause and that it wasn't 2:00 in the afternoon on july three, 1963 and the confederacy might prevail. so he knew the world was changing. he knew he was fighting a losing battle. he made up his mind that he was going to fight it as hard as he could because he felt that's what he had to do for his constituen constituency. his relationship with president johnson was close. johnson had made its his business to cozy up to russell. he called him the old master. russell was a very shy and somewhat sad bachelor but the johnson family managed to entice him to a lot of sunday dinners at

certainly lyndon johnson and richard nixon, two presidents who had tremendous difficulty with the american public with selling their programs, with having trust among the american public, where people who knew where the levers of power were. it's how you use that power. i don't think you can make that judgment until somebody's in that office. it's something she ran on in 2008. did not run particularly effectively on. i think the piece was very interesting. certainly adds to the scholarship on hillary clinton. and on the democratic party as a whole. i think there are people on the left who are very disappointed in the president's inability to get accomplished what he cam paned on in their eyes to bring to them some of these big victories that they had hoped to see during his presidency. he's got two years left. right now where his poll numbers are, where the congress is, where the american public are don't seem to bode well. i think he needs to make a reassessment and figure out what is the best thing he can do to get things done with other people. because simply doing things by fiat is pot

audience members wanted to ask you to tell us about richard russell and his role and what was his -- and also about his relationship with president johnson. >> well, richard russell was from georgia. his father had been a justice and chief justice of the supreme court. he had been a governor. he had come to washington during the new deal. he was a basic supporter of franklin roosevelts releelect riffication but he was a segregationalist and a hopeless racist. he was raised in an era where he was taught by his ancestors to believe that the civil war was a noble lost cause and that it wasn't 2:00 in the afternoon on july three, 1963 and the confederacy might prevail. so he knew the world was changing. he knew he was fighting a losing battle. he made up his mind that he was going to fight it as hard as he could because he felt that's what he had to do for his constituen constituency. his relationship with president johnson was close. johnson had made its his business to cozy up to russell. he called him the old master. russell was a very shy and somewhat sad bachelor but the johnson family managed to entice him to a lot of sunday dinners at

then johnson has to get richard russell. >> mr. president, please now. >> no, it's already done.ve -- >> yes, sir, i've gave the announcement. it's already in the papers. you're on it. >> i think you did wrong getting warren. i know damn well you did wrong getting me. but we'll do the best we can. >> that's what you do. that's the kind of american both of you are. and thank you for your bravery. thank you colonel. thank you daddy. military families are uniquely thankful for many things, the legacy of usaa auto insurance can be one of them. if you're a current or former military member or their family, get an auto insurance quote and see why 92% of our members plan to stay for life. captain obvious: this is a creepy room. man: oh hey, captain obvious. captain obvious: you should have used hotels.com. their genuine guest reviews are written by guests who have genuinely stayed there. instead of people who lie on the internet. captain: here's a review, it's worse in person. ♪he cadillac summer collection is here. ♪ during the cadillac summer's best event, lease this 2014 ats for arou

our audience members wanted us to ask you to tell us about richard russell and his role and also about his relationship with president johnson. >> well, richard russell was from georgia. his father had been the justice and then the chief justice of the georgia supreme court. he had come to washington in a new deal. he was a basic supporter of franklin roosevelt's rural aid and farm aid and school lunches. he was just an implacable segregationist, and it must be said he was also a hopeless racist. he was raised in an era when he was taught by his ancestors to believe that the civil war was a noble lost cause and in that line of faulkners he could always imagine himself on that afternoon in 1963 when confederacy might prevail. so he knew the world was chaj i changing. he knew he was fighting a legal battle so he made up his mind he would fight it as hard as he could. his relationship with president johnson was incredibly close, very intense. johnson had made it his business to cozy up to russell. he called him the old master. and russell was a very shy and somewhat sad bachelor, but the johnson family managed to entice him to

so the next chief justice, the vacancy that opened up for a democratic president johnson was then filled by richardixon. thus beginning 45 years of conservative chief justices. with good health, the current conservative chief should be there another 25 years. republican justices have been much more successful in handing off their seats to republican nominees than democrats have been. it was pointed out in "the new york times" saying the six most conservative justices based on their voting patterns to have retired in the last 50 years, all left the bench under a republican president. by contrast, only one of the six most liberal justices has departed when a democrat was president. he wrote that in the recent times article, which considered the arguments pro and con on whether ruth bader ginsburg should resign in time for president obama to replace her. her opinion on this question is quite simple. >> the number one question is, can you do the job? can you think as well, can you write with the same fluency. and at my age, you take it year by year. i'm okay this year. >> joining me now is a supreme co

johnson? >> if you look at lawmakers, southern democrats were pressuring him against any civil rights action. there's a great conversation that occurs between richardussell, who was a friend and mentor to johnson throughout his house and senate years, a great giant from the state of georgia. he encourages johnson not to pass civil rights. he says, look, you can lose the democratic -- democrats in the south. they'll turn to the republican party. and you may risk losing the presidency in your own right when you run later this year. and johnson listens to him and says, dick, if that's the price for this bill, i will gladly pay it. so he resisted pressure from his own party to resist that legislation and chose at that opportune moment to make real change happen for america and to allow us to fulfill our promise as a nation. >> and there was a significant republican legislator that johnson worked closely with, dirkson of illinois. talk about that relationship. >> johnson knows in order to get the senate to pass the civil rights act, he's going to need the support of everett dirkson, senator from illinois and the minority leader at the time. if you look

kennedy, richard nixon and lyndon johnson. congratulations on winning the game.u to frank, thank you to bob. you'll get the home edition, hours of fun for kids and people of all ages. appreciate you being good sports. appreciate you playing, and we'll be back to wrap up the show right after this. yeah, i would never book a hotel if i didn't know the name first. now what if i told you you can save up to 60%, but you couldn't know the name until after you book? did i say never? i didn't mean it. ♪ would you consider a 4-star hotel that's up to 60% off, you just can't know the name? just no name? until you book. um... yeah, i'd do that! ♪ can i get my actual credit report... like, the one the bank sees? [ male voice ] sheesh, i feel like i'm being interrogated over here. [ male voice ] she's onto us. dump her. [ pay phone rings ] hello? oh, man. that never gets old. no, it does not. [ female announcer ] not all credit report sites are equal. experian.com members get personalized help and a real credit report. join now at experian.com with enrollment in experian cred

they hired people without documentation they go to jail they didn't go to jail lyndon johnson sent to jail richard nixon said the little white eisenhower sent him to jail reagan stopped and foreseen that and when reagan stopped and foreseen that the meat packing industry was a great industry it was totally unionized forty fifty dollars an hour in today's money the construction industry great industry my one of my brothers was a was a carpenters union you know. these guys made good money thirty forty fifty bucks an hour if you were a journeyman it would reagan stopped and foreseen those laws these employers figured out this is eighty three eighty six he stopped doing that the employers figured no president since then hasn't forced the democrat or republican and the employers figured out and said cool i'll start hiring these people and that it was the magnet the drew eleven million people if you said that when i read i you know if you get real you're going to do is a form of amnesty and look at the house the house republicans that of the house judiciary committee have four different bills this sessi

lyndon johnson lied to us about vietnam. richard nixon lied to us about pretty much everything. and -- i'm exaggerating a little but of course, but jimmy carter comes along and says the same, i will never knowingly lie to the american people again. i tr tried to impress on studens these days what a radical idea that was in the 1970s with a a president who wouldn't lie to us. we were not used to that sort of thing and the fact that he was a southern baptist teacher i think also varnished his credentials and his probity. jimmy carter has many faults and the book doesn't gloss over those. i think i try to treat them fairly and evenhandedly, but no one i think has seriously questioned his integrity. and his moral core and that is one of the great things about jimmy carter. i'm going to close by reading a couple of short passages from the epilogue which was my visit to the planes a year ago june 2 actually. i wanted to go down to hear mr. carter. and to read a couple of quick passages from that epilogue called sunday morning and planes. it is the baptist country. the back roads headi

richard haass is with us, president of the council on foreign relations. stay with us worldwide. it is "bloomberg surveillance." ♪ >> good morning, everyone. "bloomberg surveillance." with me scarlet fu and adam johnson, jeffrey rosenberg, blackrock's chief investment strategist. with us, richard haass from the council on foreign relations. top headlines this morning, here is adam johnson. >> detroit takes another step back from the brain. the city's workers and retirees voted to take tension cuts. that will help us right in merge and theory. i travele a trial will decide if the big rusty plan is fair to creditors. and firefighters are getting the upper hand thanks to calmer winds and cooler temperatures. nearly 400 square miles have effectively gone up in smoke, and that was originally sparked by lightning. warplanes hit more than 70 gaza targets, among them five mosques, sports complex, and the home of a late hamas military chief. the death toll now at 580 five. those are civilians. hamas says it is holding an israeli soldier who was reported missing after the latest battle. >> is there an obama doctrine? more importantly, should there be a u.s. foreign-policy wrapped andnd presidential politics be

dow chemicals ceo, pepsi's cfo hugh johnson, and delta airlines ceo richard anderson.p apple's earnings ahead of the first trade on wall street. it's all on "squawk box," starting at 6:00 a.m. eastern time. [ male announcer ] the mercedes-benz summer event is here. now get the unmistakable thrill... and the incredible rush... of the mercedes-benz you've always wanted. ♪ [ tires screech ] but you better get here fast... [ daughter ] yay, daddy's here! here you go, honey. thank you. [ male announcer ] ...because a good thing like this... phew! [ male announcer ] ...won't last forever. see your authorized dealer for an incredible offer on the exhilarating c250 sport sedan. but hurry, offers end july 31st. share your summer moments in your mercedes-benz with us. >>> cpi data will be out in just a bit and the inflation data is going to be kicking into high gear. steve liesman is going to be here to tell us why is it possible it could be a nasty surprise. >> i think part of the thing is there's been an absence of data, and so markets are going to cue in on this data. if it's

us this morning, also, johnson has our morning must-read for it >> richard fisher writes the following i have grown concerned about risks from current monetary policy as unionization is right into the 2% goal more quickly than imagined. may begin to raise rates in gradual increments. >> it is not may, it is july. can the fed get in the way of this bull market? >> i think they are choosing not to. they're concerned about the issue of wage inflation and equality. you talked about jackson hole earlier. >> labor, labor. michael is with us as we get ready for jackson hole. >> and twitter question of the day. should the u.s. legally recognize marijuana? is it high time? ♪ >> good morning everyone. what color was the storm? winds rose, wind blew. it is new york city -- looking at mergers and acquisitions. it has been a gorgeous july as we race to august 1, which i believe will be friday. this is "bloomberg surveillance." we have olivia sterns and adam johnson. let's begin with virgin america. >> they filed for an ipo. it is a placeholder. $115 million -- that could be larger. this speaks to t

richard nixon intimidating witnesses in the watergate break-in that led to his resignation. linden johnsonleading people about the war in vietnam. john adams trying to suppress free press. today we have a president misusing his power by not using it to solve vital problems. the evidence is clear on the border. we now know the obama administration was told a year ago that organized criminals were beginning to smuggle children into the u.s.a. in great numbers. president could have summoned the countries involved to a conference in washington. he could have cracked down as soon as the cartel its got into the people's smuggling business. did he not now the u.s.a. will have to deal with 100,000 desperate children. the presidents of guatemala, honduras and el salvador will finally arrive in washington for that conference. a bit late, don't you think? then we have the isis terror army taking taken over a third of iraq. persecuting christians. forcing several from their homes. what has president obama done to the isis army? has he bombed their caravans to and from syria? has he directed drones at

at american history as a student in middle school and high school, andrew johnson, the only president to be impeached and richardesigned on the verge of i'm peoplement, if happens, history will look at clinton differently. >> this is a political effort, a party that can't beat him. they've tried to beat him and failed. now they're trying to misuse the constitution to get him out of office. that's wrong. american people have a strong sense of fair play. bill clinton is working hard, the economy is going in the right direction, we've got a lot to be proud of. here are these guys over here in the congress, all they want to do is knock him off. his numbers went up, their numbers went down. i don't think either of those was a coincidence. of course, because both bill clinton in office and then after office became so active, i think that's a second point i would urge which is when you look at presidents, we have three stages. one is when they first get elected and there were all these high hopes. the second is what could be the low point at some point during their career. the hird is what will they do post presidency.

officer richard francis was shot to death with his own gun after a scuffle on a c-t-a bus at belmont and western. his killer, robin johnson, was sentenced in february to life in prison. she said she has no memory of the shooting... but she said she deserves to be in prison. former governor george ryan has even more freedom now that his probation is over. ryan was released after serving five years in federal prison last year. he was convicted for a truck driving license scandal during ryan's time as secretary of state. the corruption was revealed after an accident killed six children in 2008. scott and janet willis' children were killed when their van exploded after it ran over a piece of steel that fell off a truck. ryan tells the sun-times he has never stopped praying for the willis' children. he also says he does not feel responsible for their deaths. gubernatorial candidate bruce rauner has released tax records that show he was able to reduce his income tax bill through special tax breaks. rauner made most of his money through his private equity firm. and like many wealthy private businessmen, most of his income came t

johnson and for pimm fox. for more on our market moving headlines, let's go to su keenan. >> virgin america has filed for an ipo. by airline is partly owned british billionaire richardon. the number of shares offered and the price are yet to be determined, but the company says proceeds will be used to fund growth and repay debt. beatissan's latest profits analyst estimates. revenues rose to about $1 million. they cut their profit projections for the last two years. and finally in washington, house and senate to go shooters have reached a rare bipartisan deal. the agreement expands the number of non-v.a. hospitals where veterans can receive care. back to you. >> all right, thanks. of people who buy ipads and max already have an iphone. a question ofs what the notion of an ecosystem is. there is already the suggestion that a new ecosystem is evolving around google glass. joining me, my guest is talking about ways to innovate. i love this, because i do our technology show on the west coast, "bloomberg west." means ahink innovation lot. i do not even know what it means. what does it mean? >> innovation is the creation of a viable new business concept. every one of those

. >> johnson gets that civil rights bill moving in the first few weeks after kennedy's assassination. >> dixiecrats led by richardilibuster. that is, they would continue to talk and prevent the bill from coming forward for a straight up or down vote. >> this bill which we feel is a perversion of the american way of life and a great blow at the right of dominion over private property that has been the genesis of our greatness. >> lbj and his allies knew they were short. so thus began a 24/7 campaign. he bullied. he cajoled. he made deals in order to get enough senators on board. >> surprisingly, after a year on capitol hill, this bill is stronger than the one president kennedy first requested. president johnson should have the bill on his desk by the fourth of july. >> we hope to send into mississippi this summer upwards of 1,000 teachers, ministers, and students to open up mississippi to the country. >> freedom summer, an operation to flood the state of mississippi with volunteers, white and black students. >> we were there because we could assume that if the white mississippians mistreated us the way they mistre

richard was considered politically finished. he moved to new york to practice law. he went out and campaigned for barry goldwater. the party was dead after that, they lost 44 states to lyndon johnsonith him. he had that long steady climb through the turbulent decade we call the 1960s. he wound up at the end of the '60s raising his hand and taking the oval office as president. >> you graduated from columbia in journalism. you are writing editorials in the midwest. you pursue nixon for a job and you remind him you once caddied for him. >> i grew up in washington, d.c. i had gone out to burning tree country club for a job. i went with a friend to sit on the bench in the caddie club. they put out this plaid golf bag. i said that is the vice president's golf bag. the pro at burning tree looked at the two sad looking caddies and said you are the only guys we have. we went around with richard millhouse nixon, 18 holes. this is not arnold palmer, i have to say that, michael. >> "vanity fair" is out with more tapes, pat. give a listen to this. i want you to analyze it. >> i am the most troubolerant pn than anybody. they are born that way. but the point is that boy scout leaders and ymca le

richard nixon knew about them? and even authorize them? >> watergate, 40 years later. sunday night at 8:00 eastern. next, homeland security secretary jeh johnson talks byut ongoing efforts immigration authorities to target human smuggling networks in south texas. about also us -- asked texas governor perry's proposal to put the national guard on the border. this is 20 minutes. >> take you for being here. -- thank you for being here. it in the face of the rise in illegal migration into the rio grande valley sector, we have said repeatedly our borders are not open to either legal migration. if you come here from central america, the mullah, el salvador, we will send you back in response to the current situation. with regard to adults who come here without their children, we have dramatically turned the time around -- reduce the time that it takes to repatriate and remove these adults from an average of something like 33 days down to four days in the removal process. we are sending between 6-10 flights a week into each of these countries. to send the adults back who are coming here into the rio grande valley sector. with regard to adults who brin

richard branson has filed for an ipo. virgin america has been in business for just seven years and off it goes to be public. for more, i want to bring in adam johnson> times are very good for the airlines. the man who runs united told me for the first time in decades, they are being run like a business. ,f you look at a weird stat they multiply all those three together. if you look at what has been happening, a growth of five to seven percent very consistently. you airlines now making money. , americanrowth airlines is 110% coming out of bankruptcy. these guys are making money. >> they are. bob withalking with american airlines. >> he does is go, we were talking staycation. money.lines are making they are capitalizing the ipo, seven years in the making. it could definitely be larger. it is a small airline. there is a curious law in the books that says a non-us entity cannot own more than one percent of airlines. entity,re is another virgin america investments, which includes very interesting people. we do not necessarily know these guys are still in investors of that conglomerate. the former head of the department of transportation, and a trust man

richard petty and dale are, those drivers were real personalities. they had a real personality and a real cutting-edge. for the past 20 years, the drivers have been turned into pitchman. jimmie johnsonracing driver. six-time champion. he is accused by many people of adds.mr. jeff gordon has a personality of his own. the rest, pitchmen. i have heard this from many nascar fans. they're not interested because that is what the drivers are to them. they are not racecar drivers in the traditional sense. >> can't believe you didn't mention danica patrick. thank you so much for joining us. gordon kirby, the u.s. editor of motorsport magazine. up, a member of one of the first families in auto racing. the ceo of penske motor group, greg penske himself. >> here is what 180 miles an hour looks like at one of the most famous racetracks. that is me in the car in the passenger seat. terrified. we have that and more. this is market makers. we are digital. you can see all of our stories and interviews on bloomberg.com and bloomberg tv plus on your tablet and apple tv and amazon fire. ♪ >> we are back in the fast lane here on market makers. we are joined by a very special guest. greg penske, the ceo

andrew johnson survived the trial of the president in the 19th century. so too did bill clinton. richard nixon probably would not have survived the senate. we know that because the leaders, the republican leaders of the senate would in the first week of august, in reaction to the smoking gun transcript, will go to the president and say his time is up. that the party could not rally behind him. richard nixon is likely, almost probable, richard nixon would have been indicted by the house and tried and found guilty by the senate. he only needed to be found guilty of one article of impeachment. he saw the writing on the wall and he decides to resign before he is actually thrown out of office. he announced his resignation august 8, 1974. >> timothy naftali who served as at director of the richard nixon library museum in california. now the director of the library at new york university. thank you for your perspective on the events 40 years ago. more from the debate before the house judiciary committee including the vote on article two the abuse of power against richard nixon. here on c-span 3

richard dell fun of imax. on the state of media and the state of craft in hollywood and in new york. d of imax.lfon i am tom keene. with me, scarlet fu and adam johnsongermany will win. samsung.carlet fu on >> samsung results them out overnight, a quarterly drop in operating income. second quarter saw profits down 24%. estimatesnalysts had prior to the release of the results. end, and one low the high and you have apple of course. >> this is a big deal. >> and at the same time samsung is trying to put a positive spin on it, saying it sees a recovery because of the unveiling of new products. >> sam grobart with the article of the year on apple in "bloomberg businessweek," they are saying price matters. samsung says unit matters. what does the sell side say? >> samsung sales parallels with apple maybe two years ago because it is facing slow leadershipck price, transition problems. a lot of investors, foreign investors in particular are pushing samsung to do an apple. buy back its stock, start paying a dividend. powerestimated the cash will rise to $100 billion by the end of 2015. >> i have a one year growth rate on apple, just 1%. cashback,iving whethe