i was good giving advice to sounders. >> they are different. sound -- sam brings a lot to the table that neither of us have come up this amazing amount of energy and patience that is needed to broker-deals with investors. y combinator is doing a lot of things as a result. my family came here from england when i was three and a half. we lived in pittsburg. when you design a nuclear reactor, he was the one that told you if it was going to explode. i was a bad kid. half of the kids in the neighborhood were forbidden to play with me. i was always getting a trouble constantly. i was suspended from school i think, at least once every year from first grade through 12th grade. >> at a certain point you got into computers? >> it was something you did on the side. coding?did you start >> when i was 15. >> you when i to harvard to get your phd in computer science, but you also took our classes on the side? >> it was very disorganized. -- like random accidents. >> i grew up in boston. i was an angel. i garrotte with my father and my .randmother had a very

anything goes, china is much more sounder than people are trying to suggest. >> a wide you say that?relatively brazilian and the competition of growth is changing in the right direction the direction that government was to change with more consumption and more -- higher value added in china producers. if this is the real, it was a challenge even 6% growth rate with more consumption. that is a challenge. >> it is still tied very much to debt levels. final demand fairly dependent on the sector that is very related to the amount of debt. >> more than presidential real estate of the land crisis and what is probably one of the critical point is a low government that is sustainability. the second critical point is that china, backtrack with the markets in deciding the value of the bond of companies and we have seen initial, at first and then is scared them. they are going to try again in little later. kind of -- there are some isolated risks in china. overall, it is much better at all of these renewed fears of hard landing or -- lending or credit. >> what's the problem country in asia? it

but we would have a much safer, sounder system today because we would have made real reform.nstead, we made the system worse. we have the government more involved in the housing market. i think the crash coming will be much worse than the one in 2008, and the financial crisis much bigger. stossel: but if we let it fall then people would have worked out new things. maybe if you couldn't borrow from the bank you would have used paypal. the community banks would have reappeared that weren't overextended. >> absolutely. instead, some of the smaller banks that actually should have been rewarded. that should have been allowed to grow their market share, they were actually punished. the too-big-to-fail banks. they're hard to compete with. they're all bigger because we bailed them out. stossel: the bailout and the parasite behavior takes two forms. it wasn't in the billions of dollars that bush gave them. they gave them 700 and they only took 400 billion. but the fed printed $4 trillion. a dozen men -- i guess it's a woman in there. a dozen old people got together and said we'll just

is jane hau he wrote the screen play for "american sniper", jake book a form anywhere the marine sounder and o team rucon, nonprofit that trains and debelow. >> jaco schick he is a retired marine who suffered severe wounds in iraq and also has a role in the film. and joining us from wash queab washington bob mcdonald head of the va, the i am pleaded to have all of them here at this table and in washington. >> bob, it is good to have you back on the program, tell me about the film as you saw it. >> charlie, i was thrilled to see the film because i thought it raised the american, to the american public what military veterans go through. the obviously injuries and wounds are seen by everyone but it is those inconspicuous wounds are the the ones we often deal with in the va and i thought it was grat to raise that to the american public. >> it also seems to me to reflect the idea that when a man a woman go to war they take their family with them in a sense, correct? >> >> well certainly you take your family, your loved ones with you and then when you return those connections becomencredibly i

now we have been putting forward proposals to try to make sure that the unemployment system is on sounder financial and we will be working in a bipartisan way to know that this is on sound financial footing going forward. >> we will work with you on that and i hope that we get to some resolution and specifically with regards to china, this has to be a top priority and i would be very interested in getting it and getting a full understanding of what treasury is doing with regard to that development in our negotiations with china. likewise with india because the president just announced that we will resume negotiations on a high standard investment treaty. and we seem to be miles apart from india, even on basic conditions of investment. so there's not much time left i'd like a detailed answer. >> having to get back to you in more detail let me just take a quick shout out. i've been deeply involved in discussions with china and there is a strategic and economic dialogue that has a very important conversation because if it concludes successfully china will raise itself in normalizing and impr

these kind of sounders, does it matter when you're talking to an investor whether you choose to put youroney there? it will be a problem down the road or it doesn't matter? is it a factor? >> the person you are investing in or the teams you are looking to invest is one of the key factors in making a decision. this is not just you were trying to put your money somewhere and walk away and see what happens. you are joining the team and trying to partner and work with this person. their demeanor, the way they run the business and if you think they are ethical and accomplish goals, all of those things factor. those are primary topics of conversation. >> there's a distinction between somebody who might be difficult to work with or somebody who is perceived as difficult and some by the unethical. i have met many great entrepreneurs can be difficult to work with. this incredible conviction or force to make something happen and i find working with people can be challenging to work with. that is an important distinction. the other quality is most entrepreneurs who are successful are doing that for

so these sounders, does that matter when you're talking to an investor whether or not you choose to putere? d.c. that as this will be a problem down the road, or it doesn'tdoesn't matter because we will summon who runs the company first? isn't a factor in whether not you invest? >> i think the person you're investing in or the teams that you are looking to invest in is one of the key factors in making a decision. this is not just your kind put your money somewhere quincy what happens five years later. you are joining the team trying to board with the company and trying to work with this person. so their demeanor, the way they run the business, whether you think the ethical, able to accomplish goals whether you think they're driven to all those things factor into law. i think those are primary topics of conversation. >> i think there's a distinction between someone who might be difficult to work with or somebody whom i perceive that person is difficult to work with us sometimes and someone who is unethical. i have i think many right entrepreneurs can be difficult to work with. you have t