when steve forbes says that anything such as what seems astonishing to day could become conventional wisdom in a short period of time people should understand that steve when steve forbes says that the horse is already out of a day this is the same guy that said the oil prices would go up of forty dollars a barrel as they way headed scored one hundred dollars a barrel and i love the you know steve forbes by the way no one would listen to him if daddy didn't leave him his magazine and he was able to ride that crest on it steve forbes is so late on this and it nased is me that the press to chose it's out there went forward speaks everyone listens now if you think that i have a bone to pick with them christine i do and here's was certainly sound like either gerald forbes magazine this is march thirtieth two thousand and nine last september laura martin this is the headline by the way is called doomsday investing last september laura martin got scooped the dow was spinning down and her boss gerald celebrity who heads the trends research institute convinced her the stock market would soon

there's a lot going on steve forbes people know that something is wrong with the dollar he said so i want to get your take i mean working for gold mine you know and what happens next we implement gold we bring back the gold standard to the united states as it was you know until world war i and what changes here is there's the economic crisis hits our. well i think what changes is that are put handcuffs on central banks and i think that that's really what jim rogers and steve forbes and others are saying is that we have to control the amount of money we're printing right now as you said the dollar used to be reserved as or stated as good as gold and not many in the world think that right now in fact there was a phrase that our currency your problem was an old phrase and the world is not happy with the fact that they are holding a lot of our treasuries and it's losing value also christine the big fact is that we continue to add to our debt we're spending about a trillion and a half more every year than we're bringing in in tax revenues and that is only devaluing the dollar long term at

dollar is everywhere i'm confirming another thing that your favorite guy steve forbes that which is you know people know that something is wrong with the dollar and he said if the dollar was as good as gold other countries want to buy it so here's a question for you though we switch to gold as the gold standard is everything then sunshine and daffodils for the u.s. economy no because the business of america is war as opposed to the business of china is business united states is draining the treasury before our eyes look since there's a libyan war right a billion dollars already spent i just saw report today since the war on terror the united states is done two trillion dollars we have no what our manufacturing base we have now number two to china now it's not going to solve everything what it will do is however it will give other countries a more stable reserve currency to deal with because they don't want to get stuck with a lot of worthless paper i'm curious gerald i mean about the feasibility of this idea we got these sort of more. mainstream people tonking about implementing the gol

they spoiled are both making him a popular contender but not a champion neither was steve forbes but he did forever change the third party approach to presidential races using thirty seven million of his own he made it so that money was no object for candidates running outside the well oiled two party system but no amount of money could buy steve forbes or ralph nader the white house that year or the former with the democratic reform if you break the fifty or forty four and that is the real work for the first half was recorded in two thousand both nader and forbes were back running this time nader became known as the spoiler who paved the way for a george w. bush victory jump forward to two thousand and eight a decade after his first presidential run ron paul stepped back into the limelight are you running for president. with the tea party joining his stride in the political landscape changing his stance remain steadfast but america wasn't ready to hear his message you know during the campaign before i talked about the economic crisis that nobody quite understood was coming and then

generations feel about the fight for freedom and unions and now with the latest up and well the steve forbes good to see you so eight so weeks then of the surprises that we just keep coming to in the russian prominently as i can tell you i can't remember the last time a team from. all. or the sporting strongholds in russia didn't leave the premier league it is two teams could go on and on g. they are at the top at the moment and the big question though is can they play that mungo that is the question as you say were it weeks in twenty two to go we're going to have a lot of football before the end of more about coming up in just a second as well. to have your company this is sports today i'm you know neal let's take a look at the stories we're covering this hour. brink ruster russia lose to defending champions the czech republic at the world ice hockey championships but there feel this is already assured. nothing between them title chasing dean. it tasty moscow darby before finishing all square in the capital. and on your bike the annual five rings of moscow adventure race is in the third yea

i was as before supporter years ago -- a steve forbes supporter years ago.st: so you support the flat tax? caller: no, i support the fair tax. guest: all right. caller: back then it was 13,005 $1 for individual, and a family of four, 30-something thousand, with no deductions. that sounded like the tax system we should have. this flat tax that people are proposing now, they got all kind of gimmicks and that thing that says if you are a poor person making some much money -- it makes no difference what you may ke -- but you are spending in the grocery store and buying a car and so on, they send you a check. that is going to cost a lot of money. guest: you know, again, i think the flat tax is probably not very politically feasible, but one of the threads running through all the budget programs and plans that are out there right now -- today there is the deficit council going on where they are looking at several plans for ways to do this. former president bill clinton is the keynote speaker. the last american president to preside over a balanced budget. i think t

steve has received considerable praise for his vision and leadership. newsweek called him an environmental champion whose commitment to supporting sustainable agriculture. he has been profiled by time, business week, forbesournal, and abc news. since the 2006 initial public offering, chipotle stopped as had the highest return of many companies that 2005. sustainable business.com has named chipotle one of the top 20 sustainable stocks. they had the best management team in the industry according to one reporter. there are so many graduates of the team, including the co-c .e.o. he starred in a show called "america's great new restaurant." ladies and gentlemen, it is my pleasure to introduce to you steve ells. [applause] >> thank you, chancellor, for that introduction. that is really kind. thank you for the -- to the senior class counsel for asking me to be here today. congratulations. [applause] i was panicking about what to say about this speech. it is unusual for me because i do these kinds of speeches of lot. i have to get used to not being afraid of being in the spotlight. the chancellor talked about this reality show. if you think about the ratings, maybe it is not a spotlight, but anyway, i was strugg

steve has received considerable praise for this vision and his leadership. newsweek called him an environmental champion for his commitment to supporting sustainable agriculture. he has been profiled by "time," business week, "forbes," fortune, "wall street journal" and abc news. chipolte stock posted the highest return of any u.s. initial public offering since 2005 up more than ten-fold in that time. sustainablebusiness.com named chipolte one of the top 20 sustainable stocks. .. [applause] >> well, thank you chancellor for that introduction. that is really kind and tank us to the senior class council for asking me to be here today. president stenson, friends and family and most of all, the class of 2011, congratulations. [applause] i was kind of panicking about what to say when i was thinking about the speech and it is unusual for me because i have to be in public and do these kinds of speeches a lot. i have had to get used to not being afraid of being in the spotlight. the chancellor talked about this reality show and actually to think about the ratings maybe it isn't the spotlight but anyway i was struggling with what to say but after giving it a lot of thought, i racked my brain and the idea that kept coming t