then president bush brought in jerry bremmer and the pendulum swung from one extreme to the other. it went from we're going tofr hd this over to them, get our troops down to 20,000 or 30,000d within a matter of months. i was in baghdad when tommy franks went to brief his own mmanders on that. b i wasoutside the meeting roomrs in this big marble palace. it went from that to we're bringing in a viceroy. we're going to occupy the country. we're going to build it from the ground up. we're going to take apart their army, billed a whole new army. >> rose: and was in the change made by the president and everybody in washington. >> well, it was-- i b would says it's a change the president presided over, but i'm not sure he himself fully understood just how much the pendulum had swung. so what happened is we went from we're going to hand it over want to iraqist tow we're going to be the overseers. and the the white house itself became nervous about this, andvo it swaing back toward the middle, and began to wrest backn more control and talked about putting iraq on a path toaq sovereignty. >>

>> we've got to bring the pendulum back to the center. and not the one an thing that ey company is somehow crooked. that's not the case. spent let me pick up on the point that you made in the first question. you were also focused and, obviously, you had the largest going you at the helm of the largest insurance company in history. what advice would you give to smaller companies? are you concerned about these developers and what it's going to mean for the american economy? >> of course i'm concerned. look, i'm running a company not that is private and not going to go public. [laughter] and we're growing nicely, and we're expanding internationally rapidly. it's a great company. and it's going to be a greater company. we have great people, right culture, everything we do in running aig. yes, i'm concerned, paula, as to what has to be done. i think we need some wisdom really at the governmental level, not to overkill the golden goose, which is corporate america, by regulating it out of business. that's what we are doing. we're going to have s

we -- the pendulum has swung so far in one direction. the relationships between the board and the ceo has become strained which is not the way should be. that is just the wrong hemisphere. you look, from the late 60's and tell, you know, 2005 it work better than better. it worked beautifully. so clearly we were doing something right. the get the oxide factors that brought this on. it was spitzer. the outside directors. there were not interested in the committee. there were interested in their own selves again. that is when it became obvious. better look at some of the attorney-general said in their country to make sure that they're under what they're supposed to do and know what they want to do. attorney-general is that use that office system to promote themselves, his successor was attorney-general, he got ambitions as well. is that the right kind of structure that you want? so corporate governance has changed. pendulum has swollen to far and interaction. have a hard look at what we what look. the government, go back to hell all this sta

the pendulum is too far in one direction. i think we have to get back and have a hard look at what we want. look, the government, go back how all of this started on the real estate issues. fannie mae and freddie mack were urged to issue and buy more and more mortgages. the quality was secondary. gilet -- geithner was the head of the new york fed. citigroup, new york, right in his backyard, did you know what was going on in citigroup? did he just find that out later? how did he find out? supposed to have examiners there all the time. there's a lot of people who take the fcc. the investment banks, goldman sachs, morgan stanley and others and lehman, had 40-to-1 leverage of capital. why could wow let that happen? they had sex months between bear stearn problem and what happened. they had six months. what did the government do in those six months? so to blame industry -- look at the others on the other side that had responsibilities and they failed in. >> let's go to another question. [inaudible] >> [inaudible] >> of course they a

the pendulum swings. happened to have come across recently, because my mother has the largest north american collection of any mentions of ann coulter in the media and i was in the time magazine right after the 2004 election. you want to perk your spirits up, look at the time magazine that came out right after the 2004 election, when liberals put everything they had into that election. they had michael moore and george soros and they hated george bush with a passion and still bush won reelection and i was the winner in that issue and michael moore was the loser. he they said, you know, seven the last nine presidential elections have gone to the republicans. what are the democrats going to do? they're going to have to come back under a new name. the pendulum swings. we're going to come back. >> let me ask you this though, what do you think about the debate going on in the party between the libertarian wing of the party and the conservatives? can't they find ways to speak with a unified voice? >> yeah, they

growth is also being challenged by the move from the pendulum or the center of gravity swinging from the u.k. as a financial center to frankfurt because the euro is emerging as a much more stable currency than the pound so he keeps on pushing inflation as the solution the. loses every time it doesn't help anybody and we can see that the most important chart in british politics so this is following on simon rosenberg's the north star of obama's policy the most important chart in american politics which is if you look at this chart the same in the u.k. the same in the u.s. and that is that household incomes have lagged behind g.d.p. and productivity growth so here's your inflation for you all the g.d.p. growth this inflation is going to the financial pushers so the dark blue line on the bottom is median household income and that's barely risen in ten years as you can see red line is output per worker soaring light blue at the top is g.d.p. per person so it doesn't take a rocket scientist to see this is what's causing a lot of the strife the billet e. for people to service their debts b

growth is also being challenged by the move from the pendulum or the center of gravity swinging from the u.k. as a financial center to frankfurt because the euro is emerging as a much more stable currency than the pound so he keeps on pushing inflation as the solution. loses every time it doesn't help anybody and we can see that the most important chart in british politics so this is following on simon rosenberg's the north star of obama's policy the most important chart in american politics which is if you look at this chart the same in the u.k. the same in the u.s. and that is that household incomes have lagged behind g.d.p. and productivity growth so here's your inflation for you all the g.d.p. growth this inflation is going to the financial pushers so the dark blue line on the bottom is median household income and that's barely risen in ten years as you can see red line is output per worker soaring light blue at the top is g.d.p. per person so it doesn't take a rocket scientist to see this is what's causing a lot of the strife in a billet easy for people to service their debts be

the pendulum has swung too far in one direction. i think we have to get back to that and have a hard look at what we will. look, the government, go back to all this started on the real estate issues. fannie mae and freddie mac were urged to issue and by more and more mortgages. the quality was secondary. geithner was the head of the new york fed. citigroup, right in his backyard. didn't he know what was going on at citigroup? if you just find that out later? how did he find out? he was supposed of examiners there all the time. where were they? and so there's a lot of people, take the sec, the investment banks, goldman sachs and morgan stanley and others, in lehman. 40 to one leverage of capital. why would you let that happen? they had six months between bear stearns problems and what happened afterwards. there were six months. what did the government do during that six months? and so to blame industry, and look at the others on the other side who had responsibility. >> we have another question. let's go to dov zakheim who is on the b

the pendulum has gone too far in one direction. we have to get back and have a hard look at. the government goes back on how also started on the real estate issues. fannie mae and freddie mac were urged to issue and buy more and more mortgages of quality postsecondary. geithner was the head of the new york fed. citigroup was writing new york in his backyard. did he know what was going on in citigroup? did he find that out later? you're supposed out examiners all the time. where are they? there's a lot of people take the sec. the investment banks, goldman sachs and morgan stanley and others, lehman had 40 to one leverage of capital. why would you let that happen? they had six months between bear stearns and what happened afterwards. what did the government do during that six-month? said to blame industry, look at the others who had responsibilities failing. >> what go to does that tie-ins. >> one of the scariest part unrelated to risk. every company, every board relies. what do we do about that? if auditors are subject to political pressures, we have a huge problem. >> of cours

reinvesting when the appropriate time came and now it's the same crisis in the eurozone which is driving the pendulum back the other way. steve, can you give us a sense of what happens now in moscow? >> well, there's many, many ways that the russians could lose out on this under the current plan. the risk of default. risk of changes to domestic tax rates that we have been alluded to that are attractive for those russian companies in cyprus. in terms of the broader solution, whether it is just the changing of the terms of that 2.5 billion euro loan, an extension, another 5 billion which is sensibly would cover most of the money which would have been raised by the deposit tax. i'll put this forward. the more risk there is now associated with companies, countries, individuals holding money in cyprus, surely those companies and countries and individuals will not want to keep their money in cyprus and you're going to risk capital flight the minute those controls come off whether they are russian investors are global investors and more money that leaves the system, the larger the bailout has to be and ther

the pendulum has swung too far in one direction and we have to get back and have a hard look at what we want. look, the government -- go back to how all this started on the real estate issues. fannie mae and freddie mac were urged to issue them by more and more mortgages of quality with secondary. geithner was the head of the new york fed. citigroup is right in new york, right in his backyard. did he know what was going on in citigroup? to teach us find that out later? how to define that out? are supposed to have examiners all the time. where were they? a lot of people take the sec. the investment banks, goldman sachs and morgan stanley and others in lehman would have had 40 to one leverage of capital. why would you let that happen? they had six months between bear stearns and what happened afterwards. every six months. what did the government do during that six months? and so to blame industry and look at the others on the other side you had responsibility. >> let's go -- [inaudible] [inaudible] every board relies on the auditors help. what do we do about that? [inaudible] >> of cour

. >> yeah, the pendulum has swung in the other direction and our society has more knee replacements,ip replacements, diabetes, everything related to obesity. think about it. if we were to eradicate obesity, we wouldn't have the health crisis, we wouldn't have problems recruiting in the military. we wouldn't have people too fat to fight for our country. we wouldn't have children growing up with social problems and medical problems and shorter life problems. it's all related to obesity. we have to look in the mirror. we have to be able to have conversation. we actually need to use the "f" word, fat, and obese, and be able to say it to people just like they have any other type of illness. >> and i think it lifts yourself-esteem. that's what helped many he to lose a lot of weight. >> yeah. >> and you have a book coming out on this subject? >> i do. it's called "obsessed" and it's about america's addiction to junk food and takes my story as well as a good friend of mine who became obese over the process of 20 years and we both kind of found our way back into the middle in terms of our rel

towards a more openly political first lady role, it's going to be a slow evolution every so often the pendulumill switch back. >> is it true you're in the country during her presidency's ability? >> yes, it did. edith wilson was it. they called the regency, lasted from september 1919 until january 1920. he was stricken probably with a stroke. there's some controversy over what caused it, but in this period, initially the fact he'd been secret even from the vice president, his stock your new commish e-mail. people in the cabinet figured out something was wrong because they would come by and demand to see the president and no one would be allowed in to see him. she would listen and then go into the room and relay what she said he told her. [laughter] in some cases, they figured that couldn't be so because they didn't think they would decide this on what the issue is. historians are uncertain about whether she was trained wedding wishes or whether she was doing what she thought was best. there's some evidence he should've listened more carefully if an issue is running the country because his most

the pendulum swing all the way to easy money to all the way to the other side which is, you know, extremelyht. i still think it is priced in an extremely tight range. you have to keep in mind that yields are low given the low long-term rates and banks want to make loans but they have to be very careful of the types of loans and what types of projects they give ut out credit for and it is a balancing act. are we seeing overall -- if we see continue to improve housing numbers? i think we might, yes. >> this is still quite risk, within the regional world, which banks do you like? which do you dislike? >> in the regional bank world? i like usb. i think they did very well in the stress test. they still had 8% capital after the end of it. they look like they are in the best position to increase dividends going forward. citibank did surprisingly better than j.p. morgan and wells in terms of capital. so you know, we were pleased with the citigroup result and you know, bank of america, we still look at that company and it is still based on housing. there is still housing losses embedded in that bala

you have a lot of the base, still, very much opposed but you can see the pendulum swinging? ee the republican party or most republicans changing in terms of believing that marriage is between one man and one woman. in the context of the debate as in so many other debates republicans have been cast in the negative for opposing something like this. most republicans are also for the benefits of marriage in the legal system that are afforded the protections like for example visitation, hospital visitation rights or survivorship benefits and you will hear more republicans making that point we can do those things without having the government sanctioned same-sex marriage. >>chris: looking at the polls and particularly looking at where younger people are going, would you have any problems in 2016 with a republican party platform saying marriage is between a man and a woman? >> i wouldn't have any problem with that. a question is, i believe the platform right now calls for a federal constitutional amendment to ban it. there could be a debate about that, but i don't think you would se

an awful lot of your base still very much opposes this but you can see the pendulum swinging for the>> i don't see the republican party or most republicans obviously changing in terms of believing that marriage is between one man and one woman. i do think that in the context of this debate as in so many other debates republicans have been cast in the negative you know in the negative to say we are opposing something as opposed to talking about what most republicans are for. most republicans are also for the benefits of marriage and the legal system that are afforded the protections like for example visitation, hospital visitation rights or survivorship benefits and i think you will hear more republicans making that point that we can do those things without having the government sanction same-sex marriage. >> chris: but looking at the polls and particularly looking at where are younger people are are going would you have any problems in 2016 with the republican party platform saying that marriage is between a man and a woman? >> i wouldn't have any problem with that. i think one of th

we need to see a swing, the pendulum swing to bring in a new wave of had beens in congress who have common wee because we have not seen any of that in the last four years. >> all right. >> eric, did we not have increases in revenues? the republicans granted the president his wish for increased revenues with the proviso of reduction in spending? we haven't had the reductions we need. we haven't had entitlement reform which simpson and bowles says is a must for short-term and long-term economic problems. the problem is that the president would rather golf with tiger woods than iron out a deal. the president has been deficient in getting a budget, but he has time to have fun in florida. the american people are not having fun. 2% in growth -- we can't do as a government?! there is a travesty for the president not to be leading-- >>> all right. >> through this crisis. >> eric: sadly, we are out of time i. it's a travesty that the president plays golf. that's pooh-pooh. spending cuts with a scalpel, not a weed wacker? we are out of time. john boehner refuses to sit down with the president. so we

and so, we need to bring the pendulum back and get rid of the fragmentation, get all the market participants thinking about how we can better serve the next wave of entrepreneurs that want to raise capital. and large corporations that want to issue equity and debt to fund their businesses. and take away some of the risk in the markets. >> you told me, this is in some ways a bet on the end of qe3. >> it is. >> let me ask you about that. because the fed has been there, really driving this market. so you think quantitative easing, at some point, obviously, goes away. but your deal is partly a bet on qe3 going away. >> it is. because ice is really a commodities business, oil and agriculture, which has been growing because of global change/demand by emerging countries and the like. the interest rate business is very much driven by central bank policy. so i think it's at a low. it's hard to think about our interest rates, you know, much lower than they are today, close to zero, around the world, or around the western world. and so the neat thing about this deal is that duncan nniederauer and i are

but apart from the nra and the right flank, there is another group that could swing the pendulum, redte democrats. we will examine the intersection of reform and self-preservation, just ahead. [ jackie ] it's just so frustrating... ♪ the middle of this special moment and i need to run off to the bathroom. ♪ i'm fed up with always having to put my bladder's needs ahead of my daughter. ♪ so today, i'm finally talking to my doctor about overactive bladder symptoms. [ female announcer ] know that gotta go feeling? ask your doctor about prescription toviaz. one toviaz pill a day significantly reduces sudden urges and accidents, for 24 hours. if you have certain stomach problems or glaucoma, or can not empty your bladder, you should not take toviaz. get emergency medical help right away if your face, lips, throat or tongue swells. toviaz can cause blurred vision, dizziness, drowsiness and decreased sweating. do not drive, operate machinery or do unsafe tasks until you know how toviaz affects you. the most common side effects are dry mouth and constipation. talk to your doctor about toviaz.

. >> when you look at the support of gay marriage in this country, that is where the pendulum is swinging. they are split by party, but that seems to be inevitable. why focus on trying to prevent it? if you're going to be a man and a man married, focus on being as stable as possible. >> the polls depend a lot on what question is asked, how the question is framed. and if the poll is framed in terms of not equality or asked in terms of the real issue at hand in terms of the law which is the definition of marriage, around 60% of americans will still answer that they believe marriage should be defined as the union of one man and one woman. as for gay parenting, there's no question there are gay parents and so forth. they're able to love children. but no amount of love can turn a mother into a father or a father into a mother. and, in any case, the issue of parenting is not identical with the issue of marriage. it's not necessary to change the issue of marriage in order to deal with the issue of parent. >> all right, well, thanks very much to all three of you. a lot to be continued on this. i

this -- is this an opportunity for the republicans to win favor with americans and perhaps get the pendulumwinging their way a bit more? >> well, in all candor, this is political peril for both parties. if republicans make it sound like those are hurting in our economy, aren't affected by government, that's a mistake. but by the same token, clearly i know we'll have a new pope in a few days or weeks, but i feel like we have a new president. he's clearly got a white flag. he's meeting with republicans he wouldn't even talk to. it's like he's got a whole different approach because he realizes that the idea that the american people were going to immediately say that allowing the sequester to happen was a mistake did not happen. his desire to kind of push through this closing of the white house tours was a huge blunder. i think they'll be changing that quickly as well. the president has made many smart political decisions over the course of the last four years and republicans have watched and not liked how good he has been on politics, i tell you -- >> arthel: matt. >> over the last two weeks h

we did not get ourselves in this situation as a financial services industry, but i now believe the pendulumoved a little too tar. >> it's not just banking but energy, the epa. >> and the nlrb, you've got everybody. >> you're not alone in that regulatory morass going on which is the thing holding back the economy from taking o.all the conditions are right for a real takeoff if the regulatory burden could be taken down. >> i agree, jack. >> but i think it's not -- >> go ahead. >> i'm sorry, maria. >> please finish your thought. >> i was going to say it's not just regulatory burden. it's also indecisions in government whether it's the sequester here and other issues. i truly believe the united states economy is ready to be launched whether it's the strong fortified capital of banks, whether it's the energy strength that we have as a country. >> well, the keystone is a no-brainer, right? >> well, keystone to me, you know, there's another side to keystone. because we had delays in keystone, we had actually more development in north dakota than we would have had in other years so the good side of

the pendulum swings constantly and cystic wiggle thing. look at syria now. people are very upset in syria and in the region and here in the u.s.. you hear senator john mccain very upset that the u.s. isn't doing something. not as upset under the bush administration as there was upset because of action. it's a struggle to find that fine line. >> host: i think it's break time. >> guest: great. >> host: and then there was libya which you could argue it's a success and some people argue it's a distraction or whatnot but certainly a place where hillary clinton played a pivotal role. she travels to france as you don't mean in your book and she basically wants to make sure that other people are going to contribute. it doesn't seem like the obama administration is going to and she wants wants to make sure that people will act with the united states. explain what she is doing in france. >> guest: first left me give you the concept of that trip because it was one of the most interesting trips that i've been on. everything was on the move. you had the earthquake in japa

the pendulum swings constantly. it's cyclical thing. look at syria now. people are very upset in syria and in the region and here in the u.s. you listen to senator john mccain that the u.s. is not doing something. there was perhaps as much upset when the u.s. decided to go to war in iraq. now there's upset because of inaction, and under the bush administration there was upset because of action. so, it's a struggle to find that fine line. >> host: i think break time. >> guest: great. >> host: then there was libya. which could arguably be a success. some people say a distraction or whatnot but certainly a place where hillary clinton played a pivotal role. she travels to france, as you document in your book, and she basically wants to make sure that other people are going to contribute before -- doesn't seem like she is giving hints the obama administration is going act but she wants to make sure that other people will act with the united states if there's action. so, explain what she is doing in france. >> guest: first, let me give you the context of the tri

the pendulum swings constantly. it's a cyclical thing. look at cedar is now. people are very, very upset in three. and in the region. and here in the us. to look at senator john mccain, very upset u.s. isn't doing something. that was perhaps as much upset when he is decided go to war in iraq. not as upset because of an action and under the bush initiative that was upset because of action. it's a struggle to find that fine line. >> host: i think it's break time. >> "after words" is available through podcasts. click podcast on the upper left side of the page. select which podcast you would like to download and listen to "after words" while you travel. >> host: and then there was libya. which could argue be a success, some people say a distraction or whatnot, but certainly hillary clinton played little role. she traveled to france as you document in your book, and she basically wants to make sure the other people are going to contribute before -- doesn't seem like she's giving hands that the obama initiation is going to act but she wants to first make sure other p

and, you know, the pendulum swings constantly. it's a cyclical thing. look at syria now. people are very, very upset in syria and in the region to some extent and here in the u.s. you listen to senator john mccain, very upset that the u.s. isn't intervening, isn't doing something. there was, you know, perhaps as much upset when the u.s. decided to go to war in iraq. now there's upset because of inaction, and, you know, under the bush administration there was upset because of action. so it's a struggle to find that fine line. >> host: i think it's break time. [laughter] >> guest: great. >> on the go? "after words" is available via podcast. visit booktv.org and click podcast on the upper left side of the page. select which podcast you'd like to download and listen to "after words" while you travel. >> host: and then there was libya which could argue be a success. some people say, you know, a distraction or what not but certainly a place where hillary clinton played a pivotal role. she travels to to france as you document in your book, and she basically wants to make sure tha

there was some dissenters and the pendulum swung the other way. here is my next question.i say our, our global view, as we talk china, our fascination with death. what does that come from? >> people are naturally voyeurs, i think. we think about death, you know, and think about our own mortality, and the opportunity to see someone before they're going to die, i think, is intriguing to some people. he -- i thought it was weird he was smiling, but, you know, you never know what people were thinking in their final moments of their lives. people just want to be present and they want to be witnesses to things. >> brian? >> i stand by what i say. >> i can't keep it back. the fact we air police chases in this country all the time, where at a moment's notice, someone can get out and pull a gun, we have seen that actually happen or fatal car crashes can occur on live television. certainly this is not the same thing as willingly knowingly showing the -- leading up to of an execution, but we're also taking gambles on live television in the u.s. all the time. >> are we becoming desens

you feel like it was an elected democratic leader who just came from the socialist wing of the political pendulum no, chavez liked his power. he did everything he could for 14 years to keep his power, including alter the constitution. he went after the press, the judicial branch. he liked his power and he saw himself as what is called a kadillo, a dictator, a castro in the region. and for that reason, he did build support in countries like nicaragua, argentina, ecuador, strong relationship with cuba, and he was able to use his oil to sway a lot of latin american countries to vote against us at the u.n., to take positions against us. that could change, so that presents a real opportunity, and i think that we need to, for instance, put ambassadors, exchange ambassadors again, start a dialogue, and make sure that the election, which will probably be within 30 days is free and fair, and the chavez party does not take advantage and not have a free and fair election. >> how would you rate the obama administration's outreach to venezuela so far? >> well, i think they need to pay more attention. it's goo

the stunt called pendulum swinging has more than 17 million views on youtube. >>> former congresswomanby giffords and her husband mark kelly were enjoying a southern california beach vacation until this past weekend when their amateur video here shot shows a dog belonging to kelly's daughter suddenly broke free and attacked a sea lion that had beached itself. well, kelly and his daughter struggled with the 65-pound dog. eventually they did manage to pull it away. police did not issue a citation saying that kelly did nothing wrong. >>> all right, a survival story from the mountains above los angeles. a hiker is recovering after spending days stuck in a crack between two rocks. he was found by a dog and his owner who regularly hiked that mountain. the hiker was within 100 feet of the trail but apparently no one could hear his cries for help. they're piecing that story together. >> talking to him, he came up here at nighttime, so we think he was unaware of his footing. slipped in between some rocks, slid down to the location where he was at. >> the man was severely dehydrated and understa

you know, we swung from one end of the pendulum to the other and now we're somewhere in the middle.e what are going to be the beneficiaries. that would be the early cyclicals. materials, energy, consumer discretionary, financials, and technology. technology's underperformed this year. i think it catches up and we like tech going forward. >> yep, that's a call we hear again and again. it's a fascinating week. thanks, guys. >> thank you. >> see you later on. >>> in less than two hours, facebook's going to hold a media event in menlo park, california. set to unveil a newly redesigned news feed. jul julia boorstin with a preview. >> reporter: well, we expect the news feed to be cleaner with bigger emphasis on photos and video. this is all part of facebook's plan to draw in users and keep them hooked on the site and give advertisers better ways to reach those consumers as it looks to ramp up ad revenue. during facebook's last earnings call, mark zuckerberg hinted at a growing interest in growing the number of videos on the page. this is facebook faces reports it's losing its cool factor.

you know, we've come from such one sort of swing of the pendulum one way it's going to take us a longck to where we should be. >> jon, can't you design some sort of a study where there's one camp that really does believe if you print this much -- people argue whether it's being printed. when there's this much liquidity, it's going to go somewhere where it's treated better than zero. one camp said that accounts for the stock market rise. the other camp said $85 billion is actually helping the economy and that's actually underpinning the rise in stock prices. is there a way to figure out which argument is correct? >> i'll give you two ways that i think about it. one is -- so let's say we do this whole exercise in reverse and the fed sells all this stuff. what would happen? i think the stock market would tank. we actually could see bond prices soaring because people expect the economy to slow down so much. in other words, i think if you take this stuff away you probably get worse outcomes which is a sign to me there's some benefit coming out of it. the other point i would make, there has

but then the pendulum swings and wallis get this slow news when need people saying they want to spend more time actually flushing a story out and you get readers sick of twitter and the information overload. think the news i cycle will go on. you're going to get news coming at you at hyper speed and you're going to get times when people are just completely overwhelmed. this is the nightly news audience. they do not have time to check twitter every day. these are newspaper readers. they just want someone to tell a three-section newspaper or a 30-minute broadcast what they need to know. there is still a big audience out there not necessarily on twitter or getting all of their new online. let's check twitter one more time for comments. we would get a couple of quick calls here. welcome. go ahead. caller: i'm really big fan of this show. about infotainment, should it be infoslavement? i feel with the government sending media packages to tell them what to do, they do not understand the difference between news and what they see on the tv because it feels like shackles and chains. i went to

the stunt, called pendulum swinging, has millions of views online. but please, do not attempt this. >>> also in south florida, look what happened when a driver fell asleep behind the wheel. he crashed, impaling his suv on the guardrail. it actually went entirely through the car and through that back window. thankfully, he was not seriously hurt. >>> and now, let's meet the man holding that $338 million powerball winning ticket. he is my new best friend, pedro quezada. a new jersey father of five, an immigrant from the dominican republic. he runs a convenience store, lives next to the highway. after taxes, the lump sum will total a cool $150 million and this is wonderful here. he says his first priority will be helping his family. >> that's wonderful. >> terrific. >> confirmed it? has the lottery confirmed it? >> they're in the process of confirming it today. apparently he's saying, i checked it out. i got it. >>> we're going to get the latest in the murder of colorado's chief prison official. the ex-con suspect was killed two days later in a shootout

the pendulum had swung too far. we believe our rules will improve access to credit while creating a more secure market. in our quest to fulfil our mission of fair and transparent markets, we work to expand access to credit not only in the mortgage market, but across other markets as well. when i spoke to you last year i announced the consumer bureau was giving notice on fair lending and that we would continue to apply the impact doctor and, wherever corporate. we cannot afford to tolerate practices intentional or not that unlawfully priced out or exclude all segments of the population from the markets. yesterday -- [applause] is estivate which took another step to hold lenders accountable from actions that can cause considerable consumer harm. here are some of the focuses on potentially discriminatory conduct in the auto lending market. they can be held responsible and will be held responsible for complying with the fair lending laws. when consumer set out to buy a car they are often unaware of what their financing

the eyes of some, is trying to dictate what people consume. good or bad? >> public health. public health policy has always been about trying to shift if pendulumn terms of where the broad population is. whether it's about clean water, safe food, weights and mores. government has traditionally played this kind of role and you could say that smoking was just a matter of choice in liberty. how much more american could it be than tobacco? even before you had white people coming to these shores, there was tobacco, right? but in fact, it's bad for people's health. is that a role for government? is he actually saying you cannot consume these kinds of soft drinks and the sugary calories? no. anyone can do that. if a republican, a moderate republican says this is okay, then mississippi will come along down the line. >> alex, i remember on talk radio, the fever pitched attitude amongst the american people when we were told we had to put a seat belt on. then we went through the state editions, if you have a motorcycle, you have to have a helmet. even the nurse's association got behind that because there was so many injuries. >> that's a really important

the rope swing you won't find in your backyard. >> watching this jaw-dropping video as these human pendulums catapult up the 130-foot-high corona arch dangerously close to the ground they're screaming all the way down and back up. this viral video has nearly 20 million views on youtube and what inspired kyle stocking to take that plunge. but in a horrific turn of events he overestimated his rope length and his ill-fated jump sent him straight to his death. austin baird is one of the rope swingers in this video. he and his friends are avid climbers and the founders of this dangerous daredevil stunt. >> they set it up, tested it with big backpack full of rocks and then we went back multiple times to do it again. >> reporter: baird wasn't there when stocking made his fatal jump but is well aware this leap of faith comes with several calculated risks. >> there are risks that run the gamut from friction on the rope to making sure your rope isn't too long so your angle of swing is properly calculated. >> reporter: the maker of the video even warns the jumpers in the behind-the-scenes clip. >> it's not worth losing a life trying to do some

the arch. it's called pendulum swinging. re than 17 million views. >> oh, boy. >>> senator tim johnson is expected to announce today he will not run again when his term ends. the south dakota democrat suffered a brain hemorrhage in 2006, but later returned to the senate and won re-election in 2008. he has recovered significantly. although sometimes he uses a motorized scooter. johnson becomes the fifth democratic senator to decide against another term. >>> do you remember what you were doing at 17 years old? a teenager from london sold an app to yahoo! for a reported $30 million. i think i was cutting lawns. >> wasn't doing that. >> yeah, nick began working on the app at home when he was 15. he's now 17. which makes him younger than yahoo! which was incorporated back in 1995. the app makes it easier to read news stories on the smaller screens for smartphones. 30 million bucks! >> wow. i'm upset at myself for not being that smart when i was 17. >> man, oh, man. i'm upset for not being that smart now. >> i know. alexia, get her

vibrations, something may be bobbing up and down, or a pendulum swinging back and forth, or something that occurs and recurs. i could take my chalk on the board-- i can vibrate it up and down. i'm vibrating a little bit, too, okay? these are vibration, all right? now, how frequently i go to and fro has to do with frequency. we talk about frequency with the letter f. here's a low frequency. wanna see a high frequency? this is common-sense stuff. see that? ain't that neat? guess what a very high frequency is. how many say, "gee, i don't know what--" come on, you guys know. what's a very high frequency? [makes sounds] like that, yeah? okay. but when then a high frequency is propagated through space, watch. it traces out what we call a... sine curve. it's really a sine curve but a representation of a wave, okay? now, we gonna go through some definitions, gang. this frequency dragged out. the dotted line is my equilibrium point. i'm gonna vibrate above the equilibrium and below, and i go just as far above and just as far as below. i call this particular distance here, by the way-- let's talk about-- let's label these things. what do you call

>> well, ron, again there's another school of thought that there's a pendulum swing and we had pope benedict who seemed to like theissing the ground when he traveled, unlike his predecessor that we might swing back the

pendulums. [ audience ohs ] those are my "thank-you notes." we'll be back with more "late night, everybody." [ cheers and applause ] ♪ ♪ [ morgan ] when i step foot on theo anything. i mean, the sky's the limit. being passionate means pushing yourself. for me, that goes beyond soccer. when i'm not on the field, i'm in the ocean paddle boarding. if you're not sweating, you're not working hard enough. i don't just play soccer. i do more. ♪ [ female announcer ] degree. it won't let you down. all eas or tax attorneys.cpas plus, we've got experts to support you all year round. and they're ready now. turbotax. [ jim koch ] why are these people surprised? they just found out they were secretly tasting sam adams boston lager. it's got a good color. it's got a good hoppy smell to it, it's got a good body. it's very smooth. i like that. smooth but it does have flavor. you were drinking sam adams boston lager. oh, really? you definitely got me. it's a good taste. it's smooth. it's really good. this is the best day ever. i obviously was selling myself short by not even considering this as a possibility. i obviously was selling myself short hers hey' i obviously was

the pendulum has swung too far in one direction and we have to get back and have a hard look at what we want. look, the government -- go back to how all this started on the real estate issues. fannie mae and freddie mac were urged to issue them by more and more mortgages of quality with secondary. geithner was the head of the new york fed. citigroup is right in new york, right in his backyard. did he know what was going on in citigroup? to teach us find that out later? how to define that out? are supposed to have examiners all the time. where were they? a lot of people take the sec. the investment banks, goldman sachs and morgan stanley and others in lehman would have had 40 to one leverage of capital. why would you let that happen? they had six months between bear stearns and what happened afterwards. every six months. what did the government do during that six months? and so to blame industry and look at the others on the other side you had responsibility. >> let's go -- [inaudible] [inaudible] every board relies on the auditors help. what do we do about that? [inaudible] >> of cour