always say weirdo and you contrast with all people mitt romney george romney was chairman of american motors the fourth largest car company so romney senior turndown in $100,000 bonus after he told the board'' mack no executive needed to make more than $225,000 per year that would be 1.4 million of today's dollars. he turned that down over five years that is 20 percent of his pay. what happened?. >> at the basic level of the company when george romney was the ceo you had shareholders but there were employees, governments all these different people with a stake in the company to be cognizant of their needs then along came the disciple in jensen has the of philosophy that the only thing that matters is the share price. to be a sophisticated economist with these analytics but business took this and said that sounds right. so over 20 years a complete shift with the business roundtable and in the '70s talking about the stakeholders with shareholder value that is a euphemism so don't give a share to about anything except yourself. that is the idea of shareholder value there was a cultural shift with the loss of shame and celebration of g

so i want you to explain with mitt romney's father george romney who is chairman of american motors the fourth largest car company when there was for and said romney senior turn down the $100,000 bonus after he told the board that no executive needed to make more than $225,000 a year. it is estimated he turned down 260,000 over five years at the basic level of the company but the idea was to have allotted stake with shareholders and had to take care of them. all these people who had a stake in the company and if they had the gene needed to be cognizant to deal with them. but jensen had the philosophy that was a feel-good nonsense the only thing that mattered was your share price. with those sophisticated analytics. but they said that sounds right so over 20 years is a complete shift for the business roundtable but in the '70s talk about the stakeholders talking shareholder value is the euphemism for that stock price so that is the idea of shareholder value and there was a cultural shift. the loss of shame and celebration of greed mitt -- george romney son never turn down the raise. that is a cultural change so they get tens of millions or should y

governor george romney, the father of mitt romney, ordered the michigan army national guard into detroitand president lyndon b. johnson sent in both the 82nd and 101st airborne divisions. amy: at the height of the detroit rebellion on july 28, 1967, president johnson appointed a national advisory commission on civil disorders to investigate the root causes of the unrest. the final report, known as the kerner commission, famously concluded that the united states was "moving toward two societies, one black, one white -- separate and unequal." the rebellions reshaped both newark and detroit and marked the beginning of an era of african-america political empowerment. three years later in 1970, newark elected its first black mayor, kenneth gibson. then in 1974, coleman young became the first black mayor of detroit. today the mayor of newark is ras baraka, the son of the famed poet and writer amiri baraka who was arrested during the 1967 newark rebellion. this is the late amiri baraka and the documentary "revolution 67, speaking about what happened to him during the unrest 50 years ago. sudden