that to a large extend happened after the reagan administration and after the first couple of years in the gingrich congress in the mid 'out. most the successful conservative congress in in history was the do-nothing congress after world war ii. robert after it atv -- they didn't repeal the new deal. but where they decided to strike, they struck decisively. they abolished programs. ty didn't trim them. they eliminated price control and military as everrization of the u.s. economy. they didn't tinker around the edges. they cut military spending. they a british national health service style of health care being supported by the the truman administration. they county a db didn't have a lot of public opinion on their side. they didn't have a friendly president. they had a hostile president in harry truman who was a firm believer in the new deal consensus. nevertheless, they were successful. one reason why the work has not been replicated very often is that political my that were the lest successful. ronald reagan was reelected. the republican held the senate until the 1986 elections, after

and that, to a large extent, happened under the reagan administration or after the reagan administration and after the first couple of years of the gingrich congress in the mid '90s. the most successful conservative congress in history actually, in my argument, is, was the do-nothing congress after after world war ii where robert taft was the leader of a very successful long-term movement to control federal spending. they didn't repeal the new deal, but where they decided to strike, they struck decisively. they abolished programs. they didn't trim them. they eliminated price controls and the militarization of the u.s. economy. today didn't sort of tinker around its edges. they cut military spending. they, they also prevented the enactment of something that would have been way to the left of obamacare, a british national health service style of national health care that was being supported by the truman administration. they didn't have a lot of public opinion on their side. they didn't have a friendly president. they had a very hostile president in harry truman who was a firm believer in

make sure that they get care when they're sick whether or not they can pay this is during the reagan administration but again with that with the with the encouragement of ronald reagan neal i mean isn't an easy solution to this to simply say health care is a right and not a privilege and it's involuntary servitude if you're basically. what the other. three is where the thirty four o.e.c.d. countries are you forcing people to work by saying something is a right instead of a privilege you have a right in the united states to have police protection that doesn't mean the police are slaves or that they're paying defender they're paid and they swore an oath you know we're not talking about the people who are going to pick up. these are volved these doctors and police have put themselves in a situation where they are doctors and police are. these are a lawyer says is this so do. people in hospitals and i think there is i think that if you separate the sort of the legality of it most nurses and doctors would care for someone who's sick on their own they should be forced to do it but also involved should th

hey this was them during the reagan administration but again with that with the with the encouragement of ronald reagan neal i mean why isn't isn't an easy solution to this to simply say health care is a right and not a privilege and then it's involuntary servitude if you're basically because will it work it's what the other you're forced to either and or three of the other thirty four o.e.c.d. countries or you're forcing people to work by saying something is a right instead of a privilege you have a right in the united states to to have police protection that doesn't mean the police are slaves or that they're paying defender they're paid and they swore an oath you know we're not talking about the people who are going to tell you these are vault do you these doctors and police have put themselves in a situation where there are doctors and police are. these are a lawyer says is this so do. people in hospitals and i think there is i think that if you separate the sort of the legality of it most nurses and doctors would care for someone who's sick on their own they should be forced to do

it made america the envy of the world in its free market economy. >> how did you get into the reagan administrationat omb? i came to wall street in 1981 preaching the lower rates -- >> but you gave up on it, david. >> i did not gift on it. >> they gave you to bill ryder, it sounds like you are turning back on it, dave, how could you do that? >> that's not true. i can look at reality, we didn't cut spending at all. defence got out of control. we had massive deficits. part of the plan all along was fiscal recollect tude, you couldn't -- fiscal rectitude, you couldn't -- >> just like the debates we had back then, you had 2 trillion worth of deficits during the bush-reagan 12 years. the economy grew at 3%. at the end, the deficit was still 4% gdp. >> the deficit was less than 2% of gdp. that boom continued into the '90s, david. >> that's not even right or even close. >> rethink -- look i think you got a point about the 2000s. i think you got a second point about bad monetary policy, those are good points. i think you got a good point about crony capitalism. all good points. i think you are mistaking th

there were a number of senior figures from the republican -- from the reagan administration, among them, george schultz and james baker. margaret thatcher's granddaughter, amanda, now she's 19 years old and comes from dallas. the body now is off to a cremation ceremony, and her ashes will, later on today, be laid to rest alongside her husband at a special garden here in london. richard. >> annabel roberts live in london, thank you so much for that report. >>> and then check this out. a robbery for the ages takes a break to unite behind those affected by the boston bombing. >>> plus, i'll talk to a former fbi profiler about what's happening behind the scenes in the hunt for the boston bomber. stay with us. >>> a beautiful morning in the capitol. welcome back. now we go to cnbc's mary thompson. mary, good morning to you. >> richard, stock futures are lower after the markets rebound from monday's steep losses. the dow recovering about 60% of monday's declines yesterday. however, today intel and yahoo! could weigh on trading as both tech giants reported so-so earnings. >>> not so fast. one

don't know how they'll get out of it now i'm not exactly clear on the dates but were you in the reagan administration during the plaza accord because i believe that was the last time international country and i got together internationally to reset global exchange rates after the kind of the post bretton woods era the plaza court came in the mid eighty's they had to readjust the parameters on the global for extracting and the the currency grid i think that was the last major time they did that so in my here's my statement there's not going to be an on winding of quantitative easing but there will be some new international conference to figure out how to readjust the global currency grid in one fell swoop your thoughts i think the players are cool during reagan's second term. jim baker who moved from. she was staring the white house to treasury and then i was out. i don't know if there will be another agreement i think what's happening is individual countries are making their own agreements to simply avoid the use of the dollar as it is international payment you know the brics. all are making the rema

don't know how they get out of it now i'm not exactly clear on the dates but were you in the reagan administration during the plaza accord because i believe that was the last time international country in a got together internationally to reset global exchange rates after the kind of the post bretton woods era the plaza court came in the mid eighty's they had to readjust the parameters on the global for extracting and the the currency grid i think that was the last major time they did that so in my here's my statement there's not going to be an on winding of quantitative easing but there will be some new international conference to figure out how to readjust the global currency grid in one fell swoop your thoughts i think the plows are cool we do really get short term. jim baker it moved from him she was staring the white house to treasury and then i was out. i don't know if there will be another agreement i think what's happening is individual countries are making their own agreements to simply award the use of dollars as international payment you know the brics. all are making the reman to settl

oberstar: but even a decade after it was enacted, the reagan administration came in and cut the grant program to a loan program. and funding diminished over a period of time. now, we still have 1/3 or more of the nation's streams and lakes that don't meet the standards of the clean water act. we have to advance the cause. that is the big challenge ahead of us. you just don't think of raw sewage in waterways in a developed country, and yet, that's what we have, and not just in pittsburgh, but all over. narrator: pittsburgh is situated at the confluence of the allegheny, monongahela, and ohio rivers. these three rivers are vital for industry, recreation, and drinking water. and each year, billions of gallons of combined sewer overflows discharge directly into those rivers. hecht: we're now having to face the consequences of the choice that was made to put in combined sewer systems. narrator: in 1994, the government adopted a combined sewer overflow policy to reduce csos nationwide. cities with combined sewer overflows now face an enforcement action called a consent decree. under a conse

this is why so the whole this whole concept of supply side economics when when the reagan administration rolled this thing out the one nine hundred eighty s. as a rationale for saying we've got to cut taxes for the really rich people we've got to redo our economic policies so that the really rich people benefit and you know this stuff will trickle down eventually to and they literally use that phrase trickle down economics a little trickle down everybody else and it was just crazy i mean it was a rationalization for going back to eighteenth century european economic models of basically peonage of you know serfdom so who are the real job creators they're not the rich people they're the people who buy things because everything starts when somebody buys something. so you are the job creators if you're a consumer and when the job creators the consumers can't buy things because they lose their wages their entire jobs then you've got a really serious problem this is called a demand collapse when the demand for things in an economy falls apart when people no longer want things or need things wh

carried it forward is that this and but in one thousand i think was eighty two in the early in the reagan administration. essentially stopped in force in the sherman act eight hundred eighty had been broken up and his is directed to the justice department led to this explosion of acquisitions or was the m.n.a. frenzy of the early eighty's and michael milken and all these guys rose up and they became the you know the masses. there's a universe and a masters mergers and acquisitions masters. and we don't really we haven't significantly reinforced the sherman act since then in my in my telling history was some accuracy here and if so what do we do about this. you've told the right story it's not just a trusts activity though that that's relevant here because it might be that the local cable monopolies would never compete with each other i mean they didn't divide up the country back in the mid ninety's you take sacramento all take san francisco you take minneapolis so comcast controls the market in boston and philadelphia and chicago time warner has its own territories it might have been that those guys nev

the last major immigration reform dates back to 1986 during the reagan administration. "nightly news" bill continue our coverage at 5:30 with brian williams. >>> crank up the ac. we take a look outside in the south bay. beautiful, sunny, a hot day across the bay area. chief meteorologist jeff ranieri is in the weather center. we saw record-breaking temperatures today. >> we did. 10 to 15 degrees above average as the onshore flow was completely cut off. we had some very dry winds coming out of the north and also slightly offshore. here are some of the spots that did get close to record-setting heat. sunnyvale, an unbelievable 89 degrees. walnut creek at 88. san jose popping up to 84 in the past two hours. take a look at current temperatures and what you want to notice right now is the fact that at the coastline, we are starting to see a bit of an onshore flow develop with 66 degrees. but in some of these wind-sheltered areas like the north bay, you have temperatures in the upper 70s. and also quite a bit of heat back here into the extreme south bay that's protected from a

well the road term actually the concept goes back further than bush or goes back to the reagan administration and it's a cold war relic and as as far as moving it forward to the obama administration i think what it basically is conceived of this notion is that these are states that are outside of the western yes supposed consensus which i think doesn't even apply anymore because really it's falling apart you've got you've got china you've got brazil you've got turkey you've got countries that do not travel in a u.s. axis but that have a lot of influence because their economies are strong militarily they're strong and so it's really a strange term that is being used by the u.s. because the u.s. still sees itself as the sole superpower and countries that don't line up with the u.s. are then outlier states richard i would agree with zachary that lumping korea and iran together is a real mistake because they have very little in common richard what do you think about that. i agree that there are differences in the nature of the governments and in their behavior i mean north korea is close to being

the world as the administration saw it. there was no evidence, no reference to the iran contra crisis in the reagan administration in the reaganry. as an example of walls being broken. there's no blue dress in the clinton library. and there is, you're correct, no mission accomplished banner. but let me just say one other thing. these libraries develop over time. they evolve. the lyndon johnson library here in austin, texas, when it opened in 1971, had a very different vietnam exhibit. now if you go today, you see a much more honest portrayal of vietnam and the nation divided. i think if we go to the bush library, my guess is 50 years from now it will be a somewhat different set of exhibits about the wars. >> but it is important, wayne, because, for example, george bush raised more money for the bush library than he raised for the 2000 and 2004 campaigns. he raised $500 million plus for the library. more than both of the elections. so the presidents' legacies and how they want to be remembered is extremely important to them. >> you bet you. and that's one of the things bush always talks about. when he was -- the last months of

and members of the reagan administration led the u.s. delegation. security was heightened because of the boston bombings. >> funeral services took place for a young u.s. diplomat killed delivering textbooks in southern afghanistan. the 25-year-old walking from a base to a nearby school a week ago saturday two explosions went off. four other americans were killed among a 24-year-old from san jess yeah. >> las vegas pawn shop owner auctioning off a gun that belonged to christopher dorner. he went on a killing spree back in february. the owner says dorner sold him the resolver for $50 then went on a rampage. bids for the gun are over $2,000. the owner says he wants to donate to the families of the victims but a group raising funds says that money would not be welcome. >> today, three federal judges in the 9th circuit u.s. court placed california gay counseling ban on hold until they decide the case. that author says trying to convert gaze through therapy is harmful. >> there is harm to patients that go through gay conversion therapy. and there is no ev

to deal with the with the reagan administration to. nine hundred eighty and and and carter you know the last and but clinton never prosecuted that we have a series here of literally treasonous crimes traitors crimes being done by administrations and then iran contra followed from that that have never been prosecuted. do you think that cycles ever going to break i mean did this all start with gerry ford pardoning richard nixon now well you know it started because it is part we lift ourselves up as being something on some kind of high moral ground and we simply are not our government time and time again not just domestically i mean whether it's a u.n. day whether it's whether it's pinochet in chile whether it's brazil our country has always been there to engage in this type of thuggery and it's what we tell our children tom we tell our children that the way we act influences who we are and we've lost that identity and we have the media unwilling to talk about it we have we don't even teach this in school do you realize if you were to pick

very early on in the reagan administration, the first administration, he had a public sector strike, the people who direct the air traffic, the air traffic controllers went on strike. his response was absolutely straightforward. he went straight out onto the floor, he gave them 24 hours to get back to work, otherwise they could consider themselves fired. this is not the way that up until then labor relations had been run by any white house. thatcher did a very similar thing with the miners, even more difficult problem. written about britain in the 1970s, difficult to imagine this today where the steel industry, the coal industry, the trains, the buses, all sorts of institutes like ici, these are all owned by the government. and also shipbuilding, steel making. all of these businesses were going out of businesses. all the jobs were being done better in the far east and elsewhere in the global economy, it was becoming absolutely obvious this was happening. so she had to deal with a coal industry where the miners -- very romantic figures, the miners, particularly in the industrial movem

another example of ore orwellian double speak in 1982 the reagan administration perceived the occasion to revise the according following a cease fire that halted the israeli invasion of lebanon which produced a number nobody ever mentions 50, thousand palestinian and lebanese casualties. washington viewed this dramatic change in cold war terms as a great victory for the united states and as the appropriate occasion f the release of a peace plan that president reagan announced on september 1, 1982, the so-called reagan plan. particularly revealing in this context, i found, was a recently declassified confidential cia memo, redacted. i can tell you who i think wrote it. which predict that begin would react to any u.s. attempt to refrain the aton my accord by absolutely refusing to budge from his own narrow interpretation of these accords. the cia memo stated nat begin's view, the accords -- i'm quoting the unnamed cia analyst -- guaranteed that under no condition can a palestinian state be created. in practice, i'm still quoting the memo -- in practice, begin rules out any exercise of 'p

administrations. the average time it takes to initiate a rule is seven years. the obama administration is currently issuing new rul rules -- the reaganssued new rules four times the obama administration for workplace safety. it's gotten progressively worse the last 30 years. >> celeste. >> if i might put that in context. we have to think about what has gone in in washington d.c. in terms of real attacks on regulatory agencies. they're vilified, they're made to be responsible for the fall of our economy. that's not what happens. there is no evidence whatsoever to demonstrate that workplace safety regulations by osha make any impact on a business's ability. i would argue that a facility like this that blows up, not only do you have the devastation of people who've been killed, you have now a lost numbers of jobs and you have a community that's completely devastated by this disaster. >> yeah. this is a perfect example of -- i don't -- i cover public life for a living. i don't think very often who's regulating huge warehouses of nitrates that are sitting there and could blow up. that's someone's job, right? someone is out there doing thi

. >> extraordinary. 2,000 recommendations of which 55% to 60% adopted by the reagan administration that is a record that i don't think any of the think tank in washington or america or the world can talk about. not only did that make us credible in the washington scene, on the washington post best-seller list when it came out in january, always right behind something called the pretty hand book, never understood that. we were number 2 for quite a few weeks. and the neat thing about it if you go back and look at it is when we talked about for example -- this was all done by volunteers, 300 volunteers, getting volunteers nominated to work on something before the guy had even been nominated little elected. this was pretty big especially with an unknown think tank like we were and that not only set here is what reagan has been talking about, here is how you would do it and here is how you have to restructure the department of the treasury that the current consistent secretary for tax policy becomes the undersecretary who is higher level than undersecretary, he will chair the interdepartment

david symptomn road to prom fans in the reagan administration but his worries have turned into the indictmentn's leader who have

do with the elimination of the fairness doctrine that was in place from 1949 to, i think, the reagan administrationnership of radio stations and other media outlets and so if you end up disagreeing, wanting to present the opposite side, the reality is, you don't have access. >> right. >> and that, in essence, becomes problem beg propaganda. and that's what we're dealing with. >> the opposite of tolerance and growth. dana, when you look at the fact that today -- today, congressman steve stockman sent out a tweet and it reads, "our campaign bumper sticker is, if babies had guns, they wouldn't be aborted" and the tweet even includes a picture of his fantasy baby sticker. i mean, dana, you can't make this stuff up. >> steve stockman is a very special individual. he was kicked out of congress by the voters after he was elected in 1994 but today's republican party welcomes this sort of thing, reverend, and i think the polls sort of get to that. the country has moved on but the republican party is increasingly becoming defined by this core of conservatism. so i don't think it's surprising that radio or te

don't know how they'll get out of it now i'm not exactly clear on the dates but were you in the reagan administration during the plaza accord because i believe that was the last time international country and i got together internationally to reset global exchange rates after the kind of the post bretton woods era the plaza court came in the mid eighty's they had to readjust the parameters on the global four x. trading and the in the currency grid i think that was the last major time they did that so in my here's my statement there's not going to be an on winding of quantitative easing but there will be some new international conference to figure out how to readjust the global currency kred in one fell swoop what are your thoughts i think the players are caught doing really good second term. jim baker had been moved from home she was staring the white house to treasury and then i was out in montana. i don't know if there will be another agreement i think what's happening is individual countries are making their own agreements to simply award the use of dollars as international payment you know the br

the strike level has been eviscerated with politics starting with the reagan administration when president reagan famously fired air-traffic controllers and continued to decline and with it the power of workers to change their conditions at work whether increasing wages or stopping hazardous conditions at the workplace, the strike weapon is no longer on the side of workers, on the side of employers. >> how did you find out about the strike? what made you think to yourself, i want to do that? >> it actually was about a month ago, a month and a half ago i heard about the strike. >> the first strike. >> the first strike that happened in november. i was kind of upset i missed that one. when i heard there was another one, i was all for it. i was enthusiastic about it, positive about it. i wanted to go out there and fight for my rights and my respect for hourly wages. >> how does it feel today to be out on strike? >> it felt great. honestly, it felt great to be out on strike out there today. to fight for, you know, our $15 an hour, to build a union. to fight for, not just for me but all my other

there's a long-term play we've seen going on since 1980, through the reagan administration, the bushinistration, the conservativization of the judiciary has been effective in an important way. they're playing the long game. if you give this moderate democrat or somebody like kaitlyn halligan, a great potential nominee, a circuit court seat, then they'll be named to the supreme court ten, 15, 20 years down the line. that's long game here. you know equally cynical. >> but that assumes, i mean look 2016, you could have another democrat in office and the question here is, i mean lee, we need three functioninging branches of government. you effectively have one branch holding another branch hostage. this does not set a good precedent. i don't know if this is a cynical view. once you've sort of exerted power in washington, everybody is loathe to give that up now that this has become der rigeur will democrats be forgiving if there's a republican president in office and he wants to appoint some conservative justices? the pattern here is incredibly dangerous. >> it's elevated the politization