it was a good opportunity. >> independent, ross perot. >> after 10 weeks, ross perot was back, apparentlyross perot would be a problem. you vote for bush or vote for clinton. now, you have a third choice. >> governor bill clinton, the democratic nominee. >> presidential debates are not only a show, they're a series of moments. the key is dominating a moment that can then be put on the morning shows and evening news and recycled. nowadays, it would be going viral. >> clinton's team are leaving nothing to chance. >> we got the stools, you know, like the one this is a would have to sit on. we practiced setting up like a runner in a starter's blocks. don't sit back, sit up like this, one leg on the rung and one foot on the floor and as soon as you can, spring out of the chair. spring out and go engage that audience member. >> we said, there will come a time, when you can walk up to somebody and really relate to them. that's exactly what you want to show the american people. >> we were so obsessed -- story admit this now, we stole those stools. >> that's right. they stole the stools. >> when w

on nbc to talk about his plan for curing what ails the economy. >> ross perot, plain talk about jobs the most important problem first. that problem is our economy and jobs. >> out of nowhere comes ross perot, this is straight talking billionaire who looks a little goofy for the age of television but because he has the old southern charm, he's able to evoke an old-fashioned america that pat buchanan is also evoking that george bush is not able to evoke effectively. >> ross perot was making inroads. the white house was just furious and scared. if he continued to attract republican voters, then bush was going to lose. at t-mobile get the unlimited plan with the latest phones included for $40 dollars! we're included? included! ♪ ♪ at t-mobile get the unlimited plan and the latest phones included for $40 dollars. feels so good to be included. for each job exxonmobil creates, many more are created in the community. because energy touches so many industries, it supports 10 million u.s. jobs. discover.o. i like your card, but i'm absolutely not paying an annual fee. discover has no annual fe

ross perot did not necessarily fall into that category. that was a bitter development for him that clearly he carried with him throughout his life. >> well, ross perot had somehow in the year or two before the 1992 election. ross perot had somehow decided he had been wrong and nobody understood why he felt that way. but i think he felt as a texan he deserved more entree from bush and baker than he got. unfortunately, that bitterness put him into the race and i think caused george bush his second term. >> martha: thank you very much, governer sununu and former chief of staff to the 41st president of the net it states, herbert walker bush. >> have a nice evening. >> martha: my next guest has a long history with president bush, one kaufman worked on the 1980 bush for president campaign. he eventually served as bush's white house personnel director and assistant to the president, white house political director. the two remain great friends with kaufman attending the president's private ninetieth birthday party. good to be with you this evening

the economy cap getting worse and worse, and then ross perot entered the campaign is an independent. seldom does a third-party candidate garner as much is 19% of the vote, but that is what perot did in 1992. it allowed the clinton to become president. he is never going to be seen as one of the mount rushmore presidents because when you are one term, it is hard to be that. he is going to be seen perhaps is our best one term foreign-policy president and has a dynasty in politics with his children, who became a symbol of the old america-i of patriotism and can dosm which was part of the world war ii generation. host: you had the generational shift between president george h.w. bush, a member of the greatest generation, and his successor, bill clinton, a baby boomer. was president bush's term the end of an era for the u.s. presidency? guest: i think it was. you do see the republican party continuing to go to war heroes and veteran politics. nomination.l get a he loses. hero,ccain, vietnam war got to run against obama, loses. there used to be an american history. having military service wa

he saw it in the rise of ross perot, and perot came in and that had a lot to do with his loss in '92. the other side of the disruption was the youthful disruptive democratic governor from arkansas in bill clinton, which closed that older era of paul stkpeub -- politics. >> and don't forget pat buchanan, and very reminiscent of donald trump. george h.w. bush was there for the beginning -- >> of the populist right movement. >> -- and the transition of the republican party all around. >> and ross perot got a few votes, and george bush never made a big case, and he thought ross perot was the one who lost him again. >> i am struck by his humility, and i think that's one of his defining characteristics, and i had an opportunity to go to kenny bunk port and to help him reflect on his time in office, and there we are, my crew and me, and i am the one next to him smiling broadly. he talked about how he continues to learn everyday and how he learns from his predecessors. this is what he learned from president ford. listen to this. >> i learn something from everybody. even at my age, you know, i

buchanan because pat buchanan was a nazi who hated blacks and jews and was going to run the state of ross perot's party. we are going to focus on trade and that was going to be his focus. that's when he was pro-choice. we've got to focus on this stuff, pat buchanan is crazy we don't want to talk about him than when we see him again when he emerges in the political world it is as a burger, coming after obama for allegedly forging his birth certificate and what he learned along the way is the same thing pat buchanan learned from george wallace which is on the right, social issues cut harder than economic ones. this is rough but this is manifesting itself around the world right now with what's going on in populism, social issues, cultural populism is of the right and economic populism is that the left. bernie sanders and a donald trump of a populist. bernie sanders is a little populist we need medicare for all and we need to do these things because the problems were income inequality and economic in nature. donald trump says they are cultural in nature with too many immigrants, people don't say merr

ross perot said he had a lot of easy answers to these questions.lso very angry at george h.w. bush for having gone back on his no new taxes pledge and there was that does contentedness on his right. perrault had all these easy answers and what happened in the end, we weren't sure who would be hurt more. in the end it was bush who paid the price for ross perot and he ended up with 16 or 17% of the national vote vote. it was certainly enough to cost him a second term. >> dana: the other thing i learned in reading all these tributes to george h.w. bush and all the history, but that decision on "read my lips, no new taxes" and then the decision to do the tax increase because it would lead to a national -- a balanced budget, basically 41 loses the reelection but then bill clinton actually gets to hold the title as the person that balance the budget. >> that's right. bill gingrich and bill clinton who were the opposite of george w. bush and the people came before them in a lot of ways who were sort of the antithesis of these guys are the ones that got to

clinton would have won even without ross perot.ly, at it there is no question bush would not have won two thirds of the voters. >> that's not the way it works. linda: he was symptomatic of what happened. he was the first sign you could not be a moderate george h.w. bush republican and get away with it. >> historically, george h.w. bush is a transitional figure. a transitional figure between the republican party as it existed from eisenhower to bush and the current republican party. the old republican party was welcoming to immigrants, resolutely free trade, absolutely international, and believed in promoting american values abroad. welcoming, much more than we understand, to civil rights an. we have now gone to america first, the nationalist, building the walls around america. the transition historically is stunning. >> everything you say is true, but it was also true of bush 43. h.w.at's why i say david: i wonder if there is another difference. the extension to which outsiders were brought into the inner circle. looking at preside

. >> we have to remember that ross perot was a factor in that election. had he not been in that election, i think george herbert walker bush would have been re-elected. >> it's interesting. polls and exit polls have said over the years -- he never quite forgave ross perot and talked about him in any of the same ways he talked about political rivals. >> because he knew him over the years and thought he was a nut over the years. you have this passage of political dynasty to disruption. pat buchanan, challenging him. the disruption of ross perot as the reagan revolution was starting to unravel a bit. and, of course, the unraveling that was happening internationally, which he was such a good steward of but it was the dawn of a very new, dangerous age for the world. and president bush 41 held that together, managed that decline well but it was also setting up for a dangerous period for the next two presidents and beyond. >> the business of washington continues and the business of robert mueller. so the investigation, we think, continues. we heard interesting t

i knew people that were supporting ross perot. a kinder, gentler america. globalism in many ways. free trade, nafta. all those things were -- perot represented the sort of reaction, the republican base reaction to all those issues that the republican base didn't care about what was going on overseas. didn't think the trade deals would do us any good because factories were closing. you know, new world order, forget about it. kinder, gentler, they were mad. that was the beginning of trumpism right there. connell: it ushered in -- >> and trade. and trade. well, it was obviously an evolutionary thing. began with newt gingrich, went to george w. bush, who was much more populist than his father, then you had what you have today. so in many ways, if you want to see the seeds of why we have trump, the base reaction of the republican party, why it supports what donald trump represents, it can be found in how the base reacted negatively to h.w. bush and his economic policy. connell: kind of an interesting shift within the parties that has l

, there are three months that according to some pollsters ross perot was running against clinton and bush so it can happen. it is not hard to get on balance in 50 states or raise the money. we will see that in our lifetime and maybe sooner than that. thank you. >> i want to thank you for being here and i want to tell you the high point of watching rachel maddow is when you are on. so thank you for that too. >> rachel maddow walks on water. that is all i have to say. >> my question is to put into context george bush and barack obama. fdr was the last president to look for a declaration of war. when george bush w went into iraqi, he got a vote. >> in modern times they ask for resolutions but here is the problem. the constitution doesn't talk about resolutions. it talks about congress declaring war and they don't do it because they think it will be harder to get members of the house and senate to support a war if asking for a full declaration. the problem with the resolution is a member of the house or senate can vote for resolution to use force and if there is a war they say i had no i

>> reporter: ross perot launched a third-party challenge.audience members in the eye and feel their pain. he'll be r he'll remembered more kindly than voters treated him in 1992. >> of course our coverage of george h.w. bush is continuing this morning. >>> first off all we're getting this just in. president trump is meeting with with senate minority leader chuck schumer and nancy pelosi on tuesday. a note for clarity on what the three will discuss. the year-end budget will likely be on the agend frau one. >>> according to discussions with with federal prosecutors, the president's former attorney, michael cohen thought president trump would protect him if he faced any charges. cohen believed trump would pardon him for support of staying on message but after they raided cohen's office and home, he acted to protect himself and his family. >> we have programming we want to give you. tune in for a cnn special report. 8:00 p.m. eastern, remembering 41. and year always so grateful to have your company. our special coverage continues. wolf blitzer a

from texas, and bush wasn't so kind to ross perot after he lost in 1992 because perot had taken 19%te as a third party and much of that vote, the bush circle, thought came out of 41. he thought bill clinton was the opposition, and he won. he was angry for a long while even until recent times that perot had messed up his re-election campaign in 1992. when they were both out of office in an unlikely but very genuine friendship and did a lot of humanitarian work together, they were political opposites in many ways. two generations, but they reconcile and work together. what do you think was behind their bond? >> well, people love seeing them together. it was like bubba and the bramen. they would go to places like haiti and just crowds of workers would just want to meet them, shake their hands, and they made people that worked in the says ngo's of the world feel good. they were spearheading not just fundraising of money, but actually going places and meeting people. i think both bush 41 and bill clinton for all their differences in the way they've kuked their lives, both had a lot of em

the economy cap getting worse and worse, and then ross perot entered the campaign is an independent. seldom does a third-party candidate garner as much is 19% of the vote, but that is what perot did in 1992. it allowed the clinton to become president. he is never going to be seen as one of the mount rushmore presidents because when you are one term, it is hard to be that. he is going to be seen perhaps is our best one term foreign-policy president and has a dynasty in politics with his children, who became a symbol of the old america-i of patriotism and can dosm which was part of the world war ii generation. host: you had the generational shift between president george h.w. bush, a member of the greatest generation, and his successor, bill clinton, a baby boomer. was president bush's term the end of an era for the u.s. presidency? guest: i think it was. you do see the republican party continuing to go to war heroes and veteran politics. nomination.l get a he loses. hero,ccain, vietnam war got to run against obama, loses. there used to be an american history. having military service wa

but the great moment back to the politics for a minute was when we, mack and i talk about it when ross perot was on "larry king live," the famous weekend when president george herbert walker bush went to congress to vote ongoi going to war and he called to "larry king live" and was yelling at ross perot and i thought, oh my goodness, this guy has more power than i thought. i thought he just rescued his staff from iran and i stayed in touch with him and he announced he was running for president. it happens on cable. >> what was with the suspenders on larry king? >> i can explain that and you should know that because you're a producer now at the kennedy center. it's the appearance of sitting straight up and down. >> okay, get some suspenders. >> that's the secret. >> what are you writing or producing next? >> i have a movie coming up called the house with the clock in the walls. it's jack black and cate blanchett, it comes out september 21st. please, all of you, go see it six or seven times, it's good. >> without telling us the ending, the essence of the plot? >> it's about a young boy in the

and at the same time he was hit by a second candidate, ross perot on the deficit.nd that turned out to be his undoing. this is a president who just, you know, a year and a half before had had stratospheri rat. >> jonathan, i want to remind people about the famous broken promise that george h.w. bush made about taxes. let's listen to that. >> read my lips, no new taxes. >> so history will say his decision to go away from that promise was economically wise, it was politically disastrous. >> that's right. that promise was made at the 1992 republican -- excuse me, the 1988 republican convention when he's running against michael dukakis. in 1980 when bush is running against reagan for the republican nomination, reagan is running on what they called supply side economics, which through some magic theory that's been disproven by history that you could dramatically increase defense spending and still balance the budget. and it was not plausible. bush called it voodoo economics. then he becomes reagan's vice president. >> he has to walk that back. >> he has to live with thi

was the one who tried up and ross perot to blow the whistle on it. you guys commented how it was that put in the provision that provided them trading. has been losing sylvania.e 1972 when this has been going on for years because of unions and other reasons. okay. let's talk history. guest: bill, that's an interesting point. did a piece in the wall street said that they were president the late bush's -- putting his nafta legacy on the line because he with drau from it whether congress passes his version or not. mail. a lot of some peement thought it was unfair to talk about that during mourning. some people thought they don't like nafta and therefore they clinton.on ertainly in the 2016 election, president trump blamed it on hillary clinton when bill ratification e fight. and the h.w. bush administration the agreement with mexico and canada. in e seeds were laid president reagan's administration. i believe he talked about a free zone of north america. claiming this on -- you can blame several presidents. there been credit to spread credit.or the is th

then there was a bitter campaign with ross perot making the arguments, actually, about deficit spending, but going much broader than that. at one point in june of 1988, ross perot was leading both bill clinton in that general election in that three-way race. the independent was ahead in the polls. to both bill clinton and george bush, the major party nominees. that said, the economy was a huge issue. i know he and barbara bush felt at the time, and in is a -- i was to first disclose that i was personally involved in my personal life in this. they felt that the fed tightening at the time was too tight. and i, of course, was going to marry the then chairman of the fed, someone i had been dating long before he was in washington when he was a private citizen. so i have to disclose that, but that was a factor since you asked me a question about the economy. but i think history will tell and i know george w. bush felt this, that the decisions that were made then by his father and by the other policymakers certainly followed up by the budget decision in 1993 under bill clinton led to years of

ross perot, the businessman. if he can do it, i can do it.t turned out pat buchanan was the reform party candidate. as i recall, trump decided to pull out, but on the way, he called pat buchanan a neo-nazi. brian: tell me where i am wrong here. 1966 to 1984, 18 years at the washington post, foreign correspondent. 12 years as publisher and editor at random house. 1984 to 1996. for the last 21 years you have been associated with publicaffairs books. go back to the second book. how much of an advanced did you have to give him for the second book? time, still nond but because the book was such a huge success the first time, i remember being invited, mr. newhouse and i were invited to donald's yacht, which was more in the east river -- moored in the east river. we had an extremely lavish lunch. it, $2.5 million. much of what we made on the first book was given back on the second. that book came out at the moment imploded, or it seemed to be imploding. as i said, it was reported he was almost $5 billion in debt, of which $3.5 billion was personal.

if ross perot did not run, george bush would have been re-elected it was just that simple. energy was the break in the republican party caused by the read my lips situation he got terrible staff advice, in my opinion they had that meeting at the air force base they cut a deal where they raise taxes. and somebody should have said to the president, this isn't what we were going to do. we shouldn't do this unfortunately somebody said go ahead and do it. as a result, he lost the confidence of a certain segment of the party and that led to ross perot getting in the race. that led to his defeat >> senator, what do you think his legacy will be >> it's going to be a lot of things it's going to be he fought a war as dick cheney said or maybe jim baker, the way it should be fought and he got out and brought that transition to a russia where it was re-established as a democracy. and he did it without conflict and did it in a way that maintained the respect for the russian people which was very important. on a personal note, he was what you should be as a person. be gracious. if you lo

george bush ad 37% of the vote. 20 million votes went to ross perot, reportedly, obviously siphoningk of everything that happened in his life and why it happened. he was in the navy, he was in the water, the submarine comes to rescue him, all the men are in front of the submarine pulling him out of the water, caught on video. years later he would become president of the united states. if the fellow soldiers hadn't come and rescue him, our country would have been changed forever, president bush 43 would not be born and he became president. he shares memories of his dad. listen to this. >> here is a george bush story. one of the things i learned from him to give these world leaders, special treatment if possible. and i said, dad, i need a place to bring vladmir putin. would you mind if i brought him to kennebunkport, knowing full well, putin said this is really great. he said not at all. putin lands, there is dad at the foot of the stairs to greet him. you want to go out in our boat? putin says, i love to go. putin has interpreter, doesn't look like much of an outdoorsman. the old man

but he was mad at ross perot and also pretty mad at the press.e thought his press coverage wasn't fair and that that hurt him. >> certainly many politicians do, of course, have that. >> no, really? >> george mitchell, thank you for being here. i want to ask you about some of the major legislative accomplishments that, you know, quite frankly are still defining the world we live in every day. the clean air act. the americans with disabilities act. you and president george h.w. bush worked to pass those two landmark pieces of legislation, among other things. what was it like to work with him in that capacity, and do you think that our country is still capable of doing big things like those bills? >> i hope so. to the latter question, we had in common a close bond and a love for maine. i was born and raised there. president bush's family had, of course, for many years, still does, a home there. and they're prominent and beloved members of our community in maine in the summer. i'd like if i could to take a moment to talk about the clean air act becau

there's a lot of concern about what ross perot called the great sucking sound of american jobs goingsouth of the border. we saw some of that. with globalization we saw jobs multipoint overseas everywhere in manufacturing anymore complicated supply chain rising. you have people stationed in the industrial midwest very upset about that, and that concern and learn it on nafta as well some the agreement with china has only increased so that's what we saw bernie sanders and donald trump being so popular in 2016. this agreement is an effort to do better by those workers if you ask the trump administration come if you ask labor unions. this they hope will do a better job of keeping standards high in mexico so that companies will be quite as tempted to cut corners and outsourced labor. >> host: will jobs come back to those areas that lost jobs? >> guest: no. my larger know. i think the union response so far has tended to be this one is good enough.t there needs to be more work, particularly nancy pelosi has particularly focused on this, as has senator brown from ohio and some others. there n

really connect with the economic pain that people were feeling in the recession, and then there's ross perotre, sort of raising the deficit as an issue, in a way that we had never seen before. so, he was having to deal withed a verve says, essentially, from three directions. >> well, the violation of the read my lips on taxes, it created an opportunity for pat buchanan to wedge into new hampshire and disrupt the structure of the republican party, which invited ross perot. and he was eventually the one that created the difference between success and failure in re-election. >> maureen, does that make george h.w. bush the father of the gingrich and the tea party moveme movements? unintentionally, right? >> you know, bush treated words like little buzzing flies, and when he made a campaign promise like that, that didn't stop him from thinking he could throw that out and govern differently. >> he wasn't looking to throw it out, but he knew the consequence. >> yeah. >> i'm going to positive the conversation here. up ahead, i want to talk about another big story in the news today, the growing stock

ross perot, the businessman. trump said i'm going to do this. if he can do it i can do it. then it turned out that pat buchanan was the reform party candidate. and as i recall, trump decided to pull out, but on the way, he called pat buchanan a neo nazi. a term he's used. brian: tell me where i'm wrong here, 1966 to 1984, 18 years at "the washington post," foreign correspondent. peter: right. brian: 12 years as publisher and editor at random house publishing company. 1984 to 1996. and then for the last 21 years, you've been associated with something you started called public affairs books. peter: right. brian: go back, though, to the second book. how much of a advance did you have to give him for the second book? peter: well, the second time, still no lawyer, but because the book was such a huge success the first time, i remember being invited, mr. newhouse and i were invited to donald's yacht, which was moored in the east river, and we had an extremely lavish lunch. and at the end of it, mr. newhouse agreed to pay $2.5 million. so much of what we made on the first book was

high after the war, but it plunged as he ran for re-election against bill clinton and independent ross perot. the promise he made in his first campaign came back to haunt him: >> read my lips: no new taxes. >> glor: he did raise taxes and amid an economic slowdown, he wound up losing in an electoral landslide. >> i couldn't do what ronald reagan, my friend and predecessor, did so well-- communicate effectively enough with the people. and that was my biggest shortcoming. >> glor: president bush's legacies include a political dine see help piz son george served as governor of texas, then president. son jeb was elected governor of florida and was a presidential contender. but perhaps his life's greatest legacy is his marriage to barbara. the bushes were together for 73 years, longer than any other president and first lady in u.s. history. >> our family has had a front-row seat for the most amazing love story. >> glor: at barbara's funeral, jeb bush read a love letter his father wrote his mother on their wedding anniversary in 1994. >> "i've climbed perhaps the highest mountain in the world, but

even though i think he really did care about people, he wasn't able to connect, and you also had ross perot got 19% as a third-party candidate in 1992. so bush only got 38% of the vote, in that election. clinton got 43%. unfortunately, we judge our presidents too much on whether they're a political success or not. there's also the question whether there is substantive success. i think on that score, bush gets higher marks. so domestically, he signed the americans disabilities act which changed the country. he was an environmentalist. hard to imagine any republican president as an environmentalist but he was with the clean water act extensions. and he showed great political courage when after having really made the mistake during the campaign of saying, "read my lips: no new taxes" which was a silly thing for him to say, he then raised taxes to cut the deficit and, of course, overseas was able to manage the end of the cold war. that could have gone very differently. we look at it in the large historical sweep with the soviet union crumbling, odds were that would end violently, were going to

and he lost the '92 election in three-way race with ross perot and bill clinton. in time, he saw sons george and jeb elected to governor ship and george at our 43rd president. georgue h. w. bush was perhaps the most modest man ever to hold the presidency. his proudest legacy he always said was that his kids still came home to see him and his greatest achievement was burying barbara who died earlier this year after 73 years of marriage. >> brennan: i love that look back. norah, i know that you spent time with h.w. son our 43rd president and some of that will be airing tonight on "60 minutes." let's take a look. >> he said that watching his president sees and criticism that he got as president helped you. >> it did. because first of all being the child of a president is u unpleasant. you are somebody you love gets lampooned, made fun of or hars harshly criticized, it hurts. so i became president i had fair amount of asbestos on my skin. it didn't hurt normally as much. >> like fire retardant? >> yeah. >> did it bother your father to see you criticized while you were

and then there was ross perot. we do not know now that would have gone without him., you mentioned when his son became president, there was much more criticism of his son. did he or did he not offer advice to his son?there was always under -- on condition -- there was always unconditional love. >> i was not there for private conversations between the two of them but from what i understand and what i know of him is that george h. w. bush would offer advice if he was asked. otherwise, he was just a father. can you imagine how terrible that would be if you're president of united states in her father's calling you telling you what to do? so there was a respectable boundary around that. that unconditional love was never at risk. because the present, if you need 43 and one advice he could ask 40 148. and i think 41 set the best example for how to be in the post-presidency. >> absolutely! >> we will all expense hardships and losses in life. if you can be a gracious winner that is great. but if you can be a gracious loser, it will take you much farther. >> there is truth to

the great debate wibit clinton and ross perot and a woman stood up and said how doe the recession affect you, george bush gave an analytical answer, and bill clinton walked out inta the audiencd said, "i know exactly how it affects people. i'm a governor of a sll state and i know my people." >> sreenivasan: miss perry, many americans, st in the last 20 years, know of almost a post-partisan man, a man whoth befriendede adversary who defeated him for the white house. that hea famous lett left at the oval office desk in the last line is, "your success now is our country's success. i am rooting hard for you." that's almost unimanable i this day. >> you're so right, hari. and it's something that we-- we miss, and they fear george h.w. bush has taken with him. and that is, as he said oftentimes after his very bitfer -- it was a crushing defeat for him to be just a one-- one-term president and to be defeated by a baby boomer, of l clinton., b but he said in later years, you don't ve to be enemies to be on opposite sides of an issue or even in opptiosing pa. you don't have to be mean spirited, a

but -- ross perot tried to buy microsoft from bill gates in, like, 1979, and bill said no.ers have a lot of love and passion around their stuff. even though facebook was tiny, i think it was 2009, and i offered, i don't know, $20 billion plus, something like that, mark had absolutely no interest. david: ok. a couple of other businesses, the smartphone business that apple has more or less perfected, at least in the united states. you were skeptical that that would be a great business. do you think microsoft could have gotten into that business earlier? steve: yes. we could have and should have. we should have gotten into that business, and i blew that. david: one of the other things that happened during this period of time when you were ceo was cloud computing. your neighbor, amazon, built this big business under your nose. were you surprised they became so big in cloud? steve: they have had more success than i anticipated. i did not sell them short, but they have had more success. here is why i think i was completely dubious. it is very hard sometimes for a big company to d

independent millionaire ross perot and in 1992, he ran into one of the great when clinton went on arent generation. >> why should you be elected for more years. >> we've accomplished big things. i don't quit. >> he's the most decent, honest person. >> shouldn't say that in front of him, >> he's very funny. not just funny looking but opportunitiy. >> i know who you are going to vote for? >> you you are right. bush made a small, devastating mistake in one of the >> for the guy people thought of a so compassionate. >> november 1992, bill clinton won the election. bush wrote, it is hurt, hurt, hurt. >> i had a great dealing of letting down a lot of people a t pplt worked for me, our administration. >> it was grace, dignity and class. >> and humor he would comedian to the white house. dana carvey. >> the way to the remarkable reflection of his ability to poke one at himself. >> there are no laughs january 20, 1993, the last day of bush presidency. this would be the last couple of hours. it was a sad day when they had to give the keys to the next family. time to say goodbye but not for lon

you also have to thank ross perot, who ran as an independent and took 20% of the vote, so bill clintonte in 1992, so it was a perfect storm for president bush and it isa perfect storm for president bush and it is a shame because i think you surely deserved to win a seventh term, he oversaw such a great moment in history and had that very successful war in the middle east, desert storm, and he was polling 90% two years desert storm, and he was polling 90% two yea rs before desert storm, and he was polling 90% two years before the election, that is how fast things change in american politics. 12 years in the white house, eight as vice president, he is part of the generation that stabilise the republicans after the scandal of watergate. a lot of trump republicans think of him as part of the establishment that led the country down? very much, the country clu b country down? very much, the country club republicans and they got a lot of pressure from the right and what ronald reagan did brilliantly was bring the three factions of the republican party together and even though they competed ag

. >> can you talk a little about ross perot? >> no. can't talk about him.t like him. other than that i have nothing to say. >> the people have spoken, and we respect the majesty of the democratic system. i just called governor clinton over in little rock and offered my congratulations. he did run a strong campaign. >> losing an election hurts. not so much for you personally but you feel you let down a lot of people. there's terrible hurt in it. but i had some experience and i lost a couple senate races. but this was big. and of course very hurtful. >> i'll introduce my two brothers to you. my brother john. this is chelsea. >> hi, senator. >> have a chance to visit. >> nancy, come say hello. nancy wong. >> nice to see you. hello, michael. how are you? nice to see you. >> coffee or tea? >> if you've got a cup of decaf i'll take that. otherwise, i'll have tea. >> the whole agenda of unfinished business. domestic, foreign affairs, whatever. we had a lot of things on the economy we were trying to do and would have liked to have done more for real peace in the mi

buchanan he is a knot and he is a kook and someone coming up bush as a conservative and 92 led to ross perot leading to clinton. i think he will do whatever he can to prevent a primary but as for leaving the white house? the most likely scenario for him to leave early is he pulls an elvis and is found dead on the toilet one morning. [laughter] because he will fight until the last dog dies because once he is out of the white house , game is over. the fun is over there is no glorious trump presidential library for kids who cannot read good. >> he has no immunity from prosecution once he leaves office. remember that. [applause] . >> donald trump loses 2020. what happens to the republican party? how do you rebuild it? the leaders that he emerge on - - that emerge? how do you expand the base which is pretty narrow right now? that's a great question but nobody has a great answer because the republican party has so firmly identified with trump as john weiner said the real republican party is taking a nap somewhere it is trump's party a lot of that will depend on the circumstances is that a big defe

of lightning out of nowhere but some vehicles are a precursor to trump with the protectionism of ross perot and that cultural era of pat buchanan so what is the through line for these figures of donald trump today quick. >> this is an amazing part of the book to re-create and to see essentially in the 19 nineties, donald trump pretty much ran for president he did not announce it but his platform was saving the country from what we would now call trump is him and in 1999 early 2000 was embodied by pat buchanan that message that might sound familiar talking about making america great again like unfair trade deals to give the american worker a good deal build a wall along the southern border with the rapid change of western culture that immigration represented to have a moratorium on all immigration. and to be that candidate ran in 96 there was a brief moment in 96 had the same reckoning and in 2016 to say there is a bigger market and then to nominate bob dole and then here is a twist to declare it rigged and then will run for the nomination without automatic pool of money and so buchanan step

i write a whole chapter in my book about what was behind the ross perot movement. very similar to what was behind the donald trump movement. he have a central faith in one central belief. and that was that politics and this is shared by most americans. the belief is that politics is the enemy of problem solving. why can't we deal with climate change. because politics gets in the way. why can't can we do something about the national debt. we could but politics gets in the way. that is a core element of american populism. i'm often asked by someone in the audience i think we should run government like a business as we all know there is no politics in business there is an answer to that and i will share with you. remember this business is not a democracy. that's why we can't run government like a business. it would look like government. it would be very inefficient. the book talks about how the new america emerge in it first became political in the 1960s. they emerged as a political force. educated professionals who never thought they have any real role in the america

with the democratic tax increase... and i admit it. " in a three way battle with bill clinton and ross perot-- he lost.he lived long enough to see his son accomplish what he did not, win a second term in the white house. nat sound: "so help me god...so help me god...congratulations."at his son's request, he also -- briefly-- re-entered the public spotlight.bush:"in the aftermath of the devastating tsunami."he joined with former president bill clinton to help raise money for victims of the 2004 earthquake and tsunamis in asia.the two reunited in late 2005 to help the victims of hurricane katrina. as a young navy pilot, bush's plane was shot down and he had to bail out over the pacific. as a far older man, he would jump from planes again: to celebrate his 80th, 85th, and 90th birthdays.bush:"it feels good, there's an exhilaration. it just because you're an old guydon't have to sit around drooling in the corner. get out and do something, get out and enjoy life."it was a life that brought george herbert walker bush back to the white house in 2011 to receive the nation's highest civilian no presi

this was on display in the 1992 presidential debate with ross perot and bill clinton. >> how has it affected >> i am sure it has. i love my grandchildren. >> how? >> i would like to think they will be able to afford an education. that is an important part of being a parent. are you suggesting that if somebody has means, the national debt does not affect them? help me with the question and i will try to answer it. david: the debate and budget deal cost him the white house. george h.w. bush was remembered more for not knowing the price of milk than the prosperity of the 1990's. >> to his great credit, whatever the political implications, past and enabled us eventually to have a balanced budget in a very successful economy and our country for a period of over a decade. david: i must say it almost feels quaint to think about the situation he faced. talking about $2.8 trillion in debt. we have over $15 trillion today. bring us forward. at what point do we have to reckon with that deficit and debt the way he had to in the late 1980's? michala: icy two issues in the twoent context -- i see issues i

i will say there are few people that aren't invited that were part of bush's life, people like ross perot pat buchanan because they were people that bush never healed with. there was a limit to this generosity of spirit of political foes that he had. donald trump being president, it's the right thing to have him there. >> president bush 41 had a say in the order of events today. >> very much did. there is great dysfunction. we don't need to dwell on it today -- between the bush family from top to bottom and the trump white house. 41 believes in the institution of the presidency, the institution of the former president's club and the idea of healing and civility, that this is a moment for the country to come together and not for the country to talk about its differences. it's remarkable watching this play out as you watch the congressional leadership with the bush family to await. it was a different era. it's a very different republican party. bush is a dirty word in today's republican party to a large degree. you can almost see leader mitch mcconnell wrestling with that m. they were both

. >> 1992 is the perfect storm, ross perot, rising up through the news cycle. >> i'm all ears. >> youable politician in bill clinton, a mild, but enduring recession, and you had a candidate who was not fully engaged in the minutia of the politics. >> americans began to view bush as out of touch and blasted him for breaking this campaign promise. >> read my lips. no new taxes. >> it was a problem. there's no doubt about it. look, we had to get a budget deal, and so he sat down with the democrats in the congress. they said if you want any kind of a deal you've got to have some taxes. he says if that's the only way i'm going to get the deal, country comes first, my political career comes second. that's the kind of man he was. >> the 41st president could not serve a second term. >> just called the president-elect in little rock and offered my congratulations. >> he was clearly devastated. >> hurt, hurt, hurt. i don't like to be a failed president. i was absolutely convinced that we proved them wrong. >> in public and even with his own family, bush never let on. >> self-pit eye is ny is no

turned it down, he lost the presidency to bill clinton in a three-way race with his fellow texan, ross perothad morelic life, bush time for his family as well as serving others. rival,, he handed his bill clinton, raised funds for the indian ocean tsunami victims. his wife of 73 years died earlier this year. when asked in 2012 how he viewed his life and what was to come, he simply said he was not afraid. ♪ joe: toll brothers reported its first drop in four years. the company almost recovered from the market closed but the sub index is not dropping more than 5%. let's talk about the homebuilders with our bloomberg opinion, one missed -- columnist -- opinion columnist in atlanta. the data continues to disappoint. >> the past couple months especially, the data in the housing market has been probably the worst in seven years. inhad katie holmes earnings the stock was down about 16 or 17%. the nxp housing index really disappointed last month as well. if you look at the real-time data, you would say these are falling apart, yet now there is a new twist with the market turmoil and the plunge and 10

the main reason he was a one term president was ross perot ran against him and george hw bush was an exceptional leader and exceptional president and great person. >> you mentioned the ap tweet, they started with this right after his death was announced, george hw bush, a patrician new englander, a coalition victory over iraq and kuwait but plummeted in the throes of a weak economy that led voters to turn him out of office after a single term, died at 94, a huge back lash across the political spectrum do that. ap updated the tweet saying we revised the story on the death of george hw bush, the tweets and opening of the story referenced the 92 or electoral defeat and omitted his world war ii service and this headline said the last president, george hw bush wasn't the last of the republican moderates, he was archetype of the modern gop, a man who shouldn't be confused with moral courage. this was a man who enlisted in the navy in the midst of world war ii on his 18th birthday and was shot down in 58 combat missions. not everyone liked that headline. >> people like to mention his patric

i believe he thinks he would have if ross perot had president run.t's funny to see him in the end. i had the honor, the pleasure of going up this summer to maine. it was a couple days after he got the world famous sully, his dog. you know, we talked about his accomplishments. the clean air act, the americans with disabilities act. i talked to him around r&d and how he launched a high performance commuting initiative that gave way to parallel computing, which is how all data centers are organized now. he kind of leaned forward in his wheelchair and he got that empty smile and he says does that mean i was the father of the internet and not the other guy? >> shepard: that's good. >> that is -- gene vecker came in and said you were the father of the human genome. i said that's right, you asked for the funding. that gave way to whole industry of gene sequencing and all this stuff. gene said, mr. president, did you know you were the father of the human genome? he leaned forward and he said we decided to keep that quiet. >> shepard: wouldn't be prudent. >>

1992, the lincoln bedroom in the evening featured an hour and a half discussion of the campaign, ross perotas threatening him on the republican side but much the same kind of appeal donald trump as it had in the 2016 campaign and it was june 1992 and there wasn't considerable democrat threat at the time. wasn't that serious a contender. and kicking the campaign as seriously as they should have. i remember the president saying he could work with tom foley and found him to be a cooperative guy. george missile was the most partisan man in washington but george hw bush believed in the idea of service, compromising at the end result was what was important to him and as such he didn't fight back against criticism just like his son didn't and those two facts, the fact that there was more attempted cooperation, no attempt to defend themselves against the most outrageous charges they were faced with led to donald trump, republican voters have been frustrated that candidates they elect don't fight back and republican candidates don't fight back and not defending republican voters so here comes trump

he encountered it with ross perot, with pat buchanan. he didn't hold up particularly well under.ing to see he had to move beyond. the part of president bush 43 saying his dad always told him that failure was part of living a full life but it shouldn't define your life. it's the fact he wouldn't let it define his public life after he lost to bill clinton defined his legacy, too. >> the way he adopted clinton after he lost to him. >> the whole idea of the club, the independedea that trump was he was seated, he didn't speak. i wonder if trump realizing for the first moment he really is part of this, he'll be part of it in life and in death, whether it made him think about this. >> i hope. >> i interviewed many of these people. alan simpson said to me word for word in 2014 hate corrodes the container that it's in, this credo that john meacham said has been in letter after letter, here's what i believe in, tell the truth, work hard. looking at it today through the lens of president trump sitting in the front row, but whether president trump had been there today or not, those words wou

you have ross perot rising up through the 24-hour cable news cycle. >> if there's a fair way, i'm alltician in bill clinton. you have a mild but enduring recession. and you had a candidate who was not fully engaged in the minutiae of the politics. >> americans began to view bush as out of touch and blasted him for breaking this campaign promise. >> read my lips, no new taxes. >> it was a problem. there's no doubt about it. look, we had to get a budget deal. so we sat down with the democrats in the congress. they said, if you want any kind of a deal, you've got to have some taxes. he says, that's the only way i'm going to get the deal? country comes first. my political career comes second. that's the kind of man he was. >> the 41st president would not serve a second term. >> i just called governor clinton over in little rock and offered my congratulations. >> bush once again turned to his diary, late at night, exhausted and clearly devastated. >> it hurt, hurt, hurt. i don't like to be a failed president. i was absolutely convinced we proved them wrong. but i was wrong, they were right