issues of working men and women supported a democratic power structure that simply since the clinton administration has made war i mean larry summers larry summers who destroyed the banking system deregulate in the f.c.c. destroying welfare nafta all these things came out of a democratic administration and barack obama i mean the tragedy for me of the obama administration is that in the last two years what they have done is codified the destruction of international and domestic law put in place by the bush administration including the failure to restore basic civil liberties including his corpus it's staggering or poor posse come into our yes it's now legal for the u.s. army to turn its guns on america that's right something that i mean it eight hundred seventy we right we. the. the the way back you talk at the very end of your book you talk about how acts of defiance it's i thought of it as i was gandhi and it basically you know we're going to go to if we're going to get out we're going to go kicking the habit and that's nice but i'm not going down or if we go down might be like robbi potter is su

. >> we touched on the politics they're going back to the rate administration, you spoke at the clintonugural in 1993. how important was that for you? "that was a moment for america. we had 12 years of what i thought were the darkest political years of my country in my lifetime. we had no idea that bush and cheney were on the horizon and actually trumped his father. to be able to welcome in someone who was relatively liberal minded or least moderate, as the clinton administration started out to be, was a great moment for america. >> this is a great moment for politics. this is a great moment for that right now, isn't it? >> it is always easy to write about politics in the opposition. even though we are huge friends -- fans of president obama, the fact is that he has been stymied by the minority, which seems inherently unfair to us and this is just as irritating as having a majority be the problem. >> you're not abandoning obama. >> not at all. >> you would support him next year? >> absolutely. >> he is in trouble, isn't he? >> he will not say up front that the administration that he fol

then was recruited in the new caucus campaign to work for bill clinton and he ran the economic policy unit of the clinton campaign in 1992. when he left the clinton administration, he joined the workings as a scholar and the council on foreign relations and set up a center for universal education to help children around the world make sure they get education. he spent time as a consultant to the west -- to "the west wing." he was interviewed by a writer and the writer subsequently became his wife. gene is now married with two children. he resides in washington now and is well known, i think, for his enormous encyclopedic knowledge of economic policy. he spent 11 years working on economic policy matters, but also for his workaholic tendencies. for the last 11 years he probably per hour is the least well a person in washington, d.c. it is our great pleasure to have a gene make a presentation, and later we will have questions and answers. gene? >> thank you, david. the last time i saw david rubinstein was at the kennedy center last sunday night. he was introducing jack black, ben stiller, and will ferrell. and today he introduced me. i have now arrived. that never

. >> now i look back at the economic policies of the clinton administration, including the 1993 budgetbattle. this panel is moderated by john suggested who served as bill clinton's chief of staff from 1998-2001. from the clinton library, this is an hour. ♪ ♪ spirit our nation needs a new direction. tonight, i present to you a coverage the plan to set our nation on that new course. for more than anything else, our task tonight as americans is to make our economy thrive again. >> beginning and about late 1989 through the early 90s the economy had gotten week. we had a recession. is also a high level amount of employment. >> president clinton made the decision that without a serious effort, we would never get the type of sustained expansion that was needed for our country. >> if we take this important first step now, over the long run we will see deficits go down and jobs go up. >> there were many people who call for deficit reduction, but when president clinton actually came out with details, and it was a fight from day one. >> is the same old deal. it will raise taxes, it will raise spe

worked at the national council environmental case where i helped write the book during the clinton administration of the clinton justice department on alternatives to incarceration. i then graduated from stanford law school and got a fellowship to work and legal services for children where are provided free legal services to low-income kids in san francisco and went on to work at the hayward burns institute for juvenile justice, fairness, and equity. at the mayor's office of criminal justice and on the police commission, i helped bring national best practices to san francisco law enforcement, and it brought it all together at the berkeley center for criminal justice, which i found it with the mission of bringing law enforcement and community together to build collaboration around pragmatic criminal- justice reform. that is what my entire career has been about, and that is what this entire campaign is about. however i going to do that? by focusing on what works. we know keeping kids out of the adult justice system is the best thing we can do to keep us safer. i will reform the juvenile justice sys

. >> but the group of people generally when they think about the 1990's and clinton administration have a favorable view of the surpluses that were there after the deal you just talked about was brokered and the economy was broken at that point. -- was growing at that point. >> barrett there were two tax increases in 1990 under bush. the deficit continued to worsen. in 1993, the deficit was projected under clinton's numbers to increase to be $200 billion as far as the eye could see. when did the economy recover? when did the stock market go up? when the jobs created? when the republicans took the house and senate in november 1994 is when the stock-market did this. the dispute with the growth go up? 1997. when we cut the capital gains tax. republicans cut the capital gains tax and clinton signed it and growth went from here to here. there was in the second half of the 1990's, when republicans took control of the house and senate, took all of clinton's tax and spending programs off the table and cut the capital gains tax, you had a very good six years there towards the end. but the first

. >> in the clinton administration? >> even in the clinton administration. all of a sudden the world started saying, wait a minute, we've got these patties over there, they aren't too good. we can make product they have always been making. then you had nafta. look what happened to new england and lots of other places. to this day you look at some of the empty factories, it's sad. and products being made in mexico? >> was free trade a mistake. >> i think it's wonderful if you have smart leadership. >> in recognition of the fact we have this huge imbalance and you are talking about calling for taxes or tariffs. >> no, to abusers. >> who is not abusing? >> probably nobody. >> so talking about everybody. >> let me ask you this. name one country we do well with? we used to be the king. >> i asked you to tell me names of who is not abusing. >> i didn't realize that. name one country. we aren't doing well with anybody. columbia. columbia and south america. not a big trading partner. they made $4 billion on us last year. that's a lot of money. >> so where is the plu

the last man convicted for it, of shooting at the white house during the clinton administration got 40 years. pete williams, nbc news at the justice department. >>> now to the latest on the awful child sex abuse scandal at penn state university. signs tonight that more victims may be willing to come forward. nbc's peter alexander reports tonight from the penn state campus. >> reporter: with the penn state child sexual abuse scandal growing, several lawyers tell nbc news more potential victims of jerry sandusky are now coming forward and beginning to share stories of abuse, some reportedly dating back to the 1970s. >> there is comfort in numbers. i think that they now understand that we're not alone. >> reporter: ben andreozzi represents at least two alleged victims. one not in the report. andreozzi said he was told by authorities he is victim number 11. >> my client was sexually assaulted by mr. sandusky in the early '90s. he was sexually assaulted on the grounds of penn state university. >> reporter: also today the new york times reports officials at the second mile, sandusky's childr

he served in the clinton administration. he's worked here in this city with blue shield. so it's a pleasure to have him here today and he's going to talk a little bit what it means for blue shield to be part of homeless connect. >> thank you, and it's an honor to be on the same program with mayor lee. he's showing outstanding lordship on this program from the very beginning and it's very exciting. wow, look at all of you. so many people, awesome show of commitment. it's really great. anybody who spends time in san francisco realizes there's a great need, a lot of people who need help out there and the people lined up outside, of course, are a reflection of that. what's needed is a collaboration between government and the community. that's what homeless connect is all about. it's led by the city but we couldn't exist without all of the people involved here today. it's really an amazing show. the blue shield of california has been in san francisco for more than 70 years and we're a not-for-profit, based on admission of serving community. so we have always been very involved

he served in the clinton administration, and was a key negotiator during the mexican and asian financial crises. we'll bring you my exclusive interview in a few minutes. but first, suzanne pratt reports on what that news about italy means for u.s. investors. >> move over greece, you're getting the bot. it's now all about italy on wallstreet. if italy is the new epicenter to the european financial crisis the stakes could be far greater for u.s. investors. as a result traders here at the new york stock exchange are sensitive to every headline from the italian parliament to the italian bond market. the anticipated resignation of the prime minister, he's skeptical. >> one has to wonder are we changing deck chairs on the titanic or is this a positive sign of progress to come with this country's particular economic problems. >> the concern is italy will need a bail out package like portugal, greece and ireland. the fear is they could spark a global financial crisis. >> michael gavin says itly maybe beyond the point of no return. >> i think investors around the world need to realize this is a g

front of the plaza and we -- front of the plaza and we understand that robert rice, from the clinton administration, is probably on stage now or is about to be on stage at 14th and broadway. as far as the police are concerned, we didn't en -- we have not seen one. i've been out here since 4:30 this morning. the opa came out. no police in sight. no problems all morning. it's been a peaceful gathering, thus far. but we have a ways to go. at 5:00 p.m. there's another round of teachs -- speeches and we should start to see a lot more movement in terms of rallies. that's the story if here -- from here. we'll have full coverage at 5:00. kraig debro, ktvu channel 2 news. >>> thanks for the update, kraig. >>> still ahead -- we will tell you what the head of the fed said today that caused a lot of reaction on wall street. >>> and actress lindsay lohan just learned if she will go back to jail. dancer? no, i'm a quarterback. oh, a quarterback. mrr. i'm a robot. mm, mm. ee, er, ee, er. get out of here. [ male announcer ] aaron rodgers got his. how about you? rodgers! discount double check! [ male announcer ] ge

we balance our budget during the clinton administration. four years in a row. we did not our money from any other countries for that years. i believe a balanced budget at this point in time is not what we need to do. we need to enact substantive, tough policies that will lead us to balance. not in the short term. it would take more than one day to get back to balance. we have got to grow the economy. that is what we need to do to get a handle on our deficit. we have to put everything on the table. discretionary spending, defense, non-defense, entitlements, revenues. >> if there are 48 democrats willing to get to the magic number, will you be against the balanced budget amendment? >> will not be supportive of a balanced budget amendment at this point in time. it requires supermajorities to accomplish the objective of suspending that in the case of emergencies, whether it be economic, a war, or some other emergency requiring government expenditures. i had much more confidence in 1995 that we would have a 60% or more majority to act in the case of an emergency. we

bush and the clinton administration's they for the first time had affordable housing goals and pressure to expand loans for low to middle income borrowers so that's kind of the conception but how does it work exactly because this is what it sees favorable interest rates is one and high securities prices due to the government guarantee so the implicit guarantee of government basically allows them to have favorable into. straits and to get a high price for securities because the guarantee is that the government won't let them too well let them default or that sort of thing now this was tested during the housing crisis which made the fannie and freddie and solvent and alone the whole the us government did bail them out and took them into conservatorship and they became controlled by the treasury the u.s. treasury making them effectively part of the government now this is not according to me this is according to the cvo they view them as part of the government now at the time what are their outstanding guarantees their mortgages look like three point eight trillion dollars that's a lot of m

decisions here and to really highlight that adviser james carville at the beginning of the clinton administration was stunned at the power of the bond market when he realized how much power it had over the government and he once said if he came back if he was reincarnated he wanted to come back as the gone market because you could intimidate everybody so i want you to keep that in mind because with italy as opposed to smaller countries too stakes are higher ok italy needs to roll over some one hundred fifty billion euro of debt and the first four months of next year alone according to the financial times that's a lot italy's the world's third largest bond market it has over two trillion dollars worth of outstanding public debt and let's take a look at exposure to it from the perspective of banks france its two largest banks four hundred sixteen billion dollars you can see other countries are on the hook for hundreds of billions of dollars and billions of dollars two hundred sixty one billion for germany to give you an example forty six billion in the case of the united states this is their exposu

have to add that into the calculation, but the thing that is worrying is when it planned administration cut our military, it did so relatively -- cuwhen the clinton administration cut our military, it did so close to that build up of the reagan years, so you have more questions. what is happening under the obama administration, the cuts it has taken and committed to, to say nothing of the cuts in prospect, that cushion's gone. we have not been keeping faith, i would say, with the military. let me just say that nuclear forces are being slashed. the administration of barack obama is refusing to do anything to modernize those forces. it is talking about, as a result of cuts, going from three legs to two legs of a diad, meaning that some of the redundancy and offsetting strengths and weaknesses of nuclear forces will be dispensed with. at a time when we are talking about china -- about a china that we recently learned has built 3,000 miles of underground tunnels. they call it the underground great wall to conceal what assuredly is a large and growing nuclear capability. there is not another nuclear power on the planet that is not building up its nucl

you saw the picture of the man during the clinton administration. the same thing. whether he was specifically threatening president obama or not, it's something they are looking into. i'm heard he was overheard making threatening remarks. in terms of finding comments he made on social networking sites, we don't have record of that. he's got a long history of minor violations. he's been a busy guy in and out of courts. >> is there speculation about what his motive might have been? >> i haven't heard any, no. in terms of shots fired. look at the picture of darcy doing the live shot. she's on the other side of constitution avenue. that's how far he was. remember, he's driving in a car down constitution avenue. he's westbound. he is on the driver's side. the white house is on this side. he's firing across the seat through the passenger window at the white house. it's surprising any of his shots hit the white house at all. in terms of how many? there were nine shell casings found. they know two rounds hit. they are looking at other marks to see. we don't know how many r

but if you look to what secretary panetta's was participating in back in the clinton administration, you get a little bit of look at what really was believed at the time. you know, we have had president clinton and those touting his time as president, claiming, gee, he is the one president that actually cut the federal work force. no, he didn't. he cut the military. he didn't cut the federal work force, he cut the military. only area that he cut. and we paid a massive price after 9/11, because we had to get back up because we once again found having a strong defense is important. reagan tried to warn us about that. people don't get attacked because they are perceived as being too strong, they get attacked when people perceive them as being weak, and that's how we were perceived. in january of 1993, when now secretary of defense panetta started as a part of the clinton administration, there were 1,761,000 400 members of the united states military. in july of 1994, secretary panetta started as the chief of staff for president clinton and that continued through january of 1997. so let's

agenda during the clinton administration. rom the early-1990's, to the year 2000. we had a divided white house from the congress. the last 11 years have been the most fiscally irresponsible in the history of the united states. we've had a white house controlled by both parties, and they're both to blame. government has grown too big, promised to much, and waited too long to restructure. we need to recapture the revenues but we need to do it through dramatic tax reform, not going back to the old system. we need to broaden the base, reduce the top marginal tax rate, eliminate the difference between capital gains and ordinary income, and do a number of things that will help to promote growth and create more equity within the tax system at the same time, while keeping us competitive in a global economy that is increasingly competitive, and we are losing our competitive posture. host: if you brought the name ross perot. he is one of 14 contenders we're featuring every friday evening. this week we will turn our attention to george w

international affairs at harvard's kennedy school and a former assistant secretary of defense in the clinton administration graham i want to thank you so much for joining us tonight and let me first ask you what it is that you think is going on here we hear these comments coming from john boehner or other politicians on the right do they really think that the reset was a bad idea but it needs to be rethought or are they just trying to push on the everything that obama does is wrong i think the letter really. said commentary were silly season can be missed because. mostly it. was wrought now graham you recently wrote a piece entitled ten reasons why russia matters so we'll get to the specifics but first give us a broad overview. well ok he did actually hear your intro to the way point that the if you look again or speech which deserves to be looked at because he is after all speaker of the house he basically fundamentally misunderstands the fact that russia matters mujhe lee to american national interests that is russia's choice it wants you to do extra from guwahati big impacts on the security and well bei

bring up a great point that i'll take from robert wright the former labor secretary under the clinton administration and a piece posted on his blog he very clearly maps out the fact that until we reverse the trend toward inequality in this country and the economy can't be revived how's the economy supposed to be revived when more and more americans are living below the poverty line when the middle class is shrinking when the wealth gap is growing and millions of homes are underwater americans have lost their magic a.t.m. that they used to call their homes and they're losing all of their abilities to spend and so here we see the perfect fusion of the concerns of occupy wall street the movement to restore the rule of law to restore a sense of fairness and bring our political system out of the depths of corruption back to one the represents us all not just those at the top and so between these numbers that are reported month in and month out the weekly numbers even they come out we can't just sit and hope and pray that these numbers are going to fix themselves but if we just wait long enough everything

it's the first time the united states has hosted the annual a peck summit since the clinton administratione is kicking off a new foreign policy era that focuses heavily on asia and the pacific region. >>> and for the the first time since the tsunami last march we can take you inside japan's fukushima daiichi nuclear plant. a team of journalists were actually allowed inside within the last 24 hours. there's still levels of radiation around the plant but the reading is within safe levels, they say. the tsunami came after a 9.0 magnitude earthquake, 15,000 people lost their lives. >>> i'll be back in one hour to focus an entire hour exclusively on the 2012 presidential candidates. another week of debates. you'll hear the high points and gaffes, ron brownstein of the national journal will be my guest for the hour. stay with cnn. i'm fredricka whitfield. "your money" starts right after this. no pie today, ted? no, no, i just paid my car insurance bill -- ouch. [ man whistles ] sounds like somebody paid too much. excuse me? i use progressive's "name your price" tool. they showed me a range of co

speech -- movement going at uc berkeley in 1964, robert reich former labor secretary under the clinton administration is going to give a speech on the steps of sproul hall the topic is class warfare. we'll see how that works out later today. terry mcsweeney, abc7 news. >> 6:06 now. uc of regents will reschedule this week's meetings because of credible intelligence of potential violence. regents were to meet at uc san francisco's mission bay campus tomorrow and thursday. the board says uc law enforcement officials told them rogue elements intent on violence and confrontation may be planning to attach themselves to peaceful demonstrations, expected at the meetings. >>> california's legislative auditor scheduled to release new figures showing how far behind the state is in tax revenues and whether it will trigger automatic budget cuts. school administrators across california are on edge. districts stand to lose up to 1 1/2 billions in mid year funding trigger ed cuts built into the budget by the governor and legislature cuts go into effect unless tax revenues are four billion dollars above the current f

it seemed as though he became the hillary clinton administration. hillary clinton said she was there to change the system here. he played the game and the same way and never put on the field a strategy for how we were going to change. it feels like a big trial. if there's one person to bring about the kind of change the system needed, it was president obama on that day. i think he could have had he executed on how this reform should happen. >> he surrounded himself with tiny minds. >> i gather larry summers is someone you're not a big fan of. >> i think rahm emanuel is a fantastic mayor of the city of chicago. and he needed to be playing a hired game. i wrote a piece on the nation. people convince me was too aggressive. i regret not naming that. that is the picture. you have these people. many people from the original clinton administration populated this administration. there's a conception of how politics should work. it is smaller than how politics should work that obama brought to washington. there's a story i was told that when obama was given t

have caught some of the guys on the watch log, could have gotten osama bin laden back on the clinton administration. >> don't get me wrong. i am for it. i will hold the hose and make sure it doesn't kink up. >> there is no hose involved. >> mike don't you think -- don't you think guilt would be better? >> just guilting them? >> yes. >> see how good it works. >> i am jewish. >> they are not jewish. >> when lass the last stime you -- time called your mother. that would work. >> quickly on the tsa story, nicky what kind of home life you have that there are explosion explosives being given a kid. >> i know if you are going to travel with marijuana you put it in a turkey freezer bag. >> or bill's butt. >> by the way, this is forever 21. >> that's all. i am doing writing to look newsy. >> thanks a lot. >>> coming up, has president obama lost the kids' vote. that since kids can vote. wait, can kids vote? >>> are kids done with the chosen one? children's news. yeah for president obama is fading like something that fades. his approval ratings have dipped across most demographics, and now it seems he is losi

i think the last two administrations have done more on education than, quite frankly, i would say the clinton administration did a lot as well in terms of making education more contemporary at the federal level. i think we are watching, though, a walking back of all of that. we are watching the fact that when karl first campaign that, there was a heavy emphasis on having a larger federal role in the education system. president obama and secretary arne duncan have done quite a bit as well, and the president would be the first to tell you that it is not just dollars. it is teachers a it is parents. but i will be honest today, i don't look across the aisle and see a lot of people either running for president on the republican side or in congress that that there is a healthy role or some role for the federal government to play in education. >> 30 seconds. >> there is a coalition that does not like testing. the teacher unions do not like it and some of the right to not like it. t the administration is wering the standards of the no child left behind law. it extended the time for meeting the profic

in 1994, during the clinton administration another gunman fired on the building from the sidewalk. no one was injured. the gunman provided no tape for his reasons. ortega's deepen with the recently discovered video. >> because the government is fighting or should i say bullying other countries for their oil, our freedom is at stake because of it. >> reporter: nowhere in the 45 minuteman manifesto does he talk about the president. he references him at the antichrist or the devil. he planned to do more than shoot at the white house from a distance. the video was shot by a film student said it disturbed him before ortega gained his notoriety. that student could be among those called to testify in proceedings here once ortega is brought back to the capital. that could happen any day now. back to you. >> derrick ward, thank you. >>> the oklahoma state university campus is in shock. two coaches for the women's basketball team died. kurt budke and miranda serna. they were killed when the plane they were in went down. they were on a recruiting trip at the time. this tragedy comes a decade