he told them it would be unpatriotic to resign and perhaps force the crisis in the middle of so important in operation. cripps agreed quite naÏvely. he promised to hold off resigning for the time being. please think that one over. if operation torch went badly, and everybody in the government might be resigning. if it went well the government would be popular and cripps would resign alone. churchill outmaneuvered his opponent into accepting the following proposition. heads you lose tails everybody loses. and then the coin came up heads. cripps resigned after operation torch succeeded and nobody even noticed. they were too busy celebrating. there was no crisis. churchill reshuffle his cabinet and work rabbinate -- war cabinet yet again and he appointed cripps to become minister of aircraft production which is probably what he wanted in the entire time, thus out of the war cabinet. cripps served out the war doing useful work but never again a rival to the prime minister. this man. let me conclude and sum up. the achievements of churchill's war cabinet are imperishable and prime minister win

whigs are afraid of looking unpatriotic soul of 14 members of congress vote in favor of declaring warnd that is how the war starts. the war lasts about 20 months total and only about six months actual fighting. the war was not short enough for the american people. it was marked by a number of stunning military successes by the united states such as the battle of one of vista or 5000 american soldiers defeated an army under santa ana of 20,000. the ratio at one of vista is astounding -- buena vista is astounding. the mexican troops outnumbered of the american troops in most engagements and yet the americans won every major battle except one. there were three theaters of the war and the first stage of the war, general zachary taylor secured mexico with key victories including this one at buena vista. the second theater of war, general stephen watts kearny traveled west through new mexico, conquering new mexico and all the way to california that happens around the same time. unfortunately, neither of these victories brings what polk wants which is peace and the securing of california and

to look at what we inherited >> but the debt itself with president obama referring to it is unpatriotic and immoral with 11 billion is it a good story? >> but there is a new administration and speakers took office january 2011 because of fiscal restraint with the annual operating deficit. >> i don't think it is good for our economy. wilson and not growing fast enough we have to keep the economy growing. is a huge progress. >> the a greatest threat to our national security. >> at that time it is double digits but looking at gdp. >> i am not asking that but national debt. >> as a percentage of gdp has stabilized we have made enormous progress. >> you refer to a proposed amendment with currency manipulation as the poison pill. the president said he had is new efforts to come back can you describe the role of treasury and will they be effective? >> to use the tools that we have to help push china into a different policy and japan into a different policy. with that trade legislation there are additional tools we are working with our negotiating partners to give us more visibility to use the

the train was going down the tracks and you were considered unpatriotic if you didn't support the war. people were angered after 9/11, they were scared and those were two dangerous emotions. so yes, that was not a hard vote for me. there was a lot of pressure obviously back home. everybody was mad at me for not supporting what they thought was weapons of mass destruction, but i just didn't believe it. and when you said i voted against -- or did not vote for george w. bush in 2004, i learned not to trust that administration based on the campaign promises they made. governor bush at the time said i'm going to be united, not a divider. we're going to regulate carbon dioxide, the climate change pollutant, very arrogant, not humble. they were going to have clean air rollbacks. so i didn't trust them. and that was another factor for me not voting for the war and for him. >> when you look at that time republican field this year, obviously the first thing that strikes you, if you had to pick based on money alone, my guess is that jeb bush would be their nominee. my feeling is if you preferred

ipos, maybe that gives them cover in another jurisdiction they can have the structure that looks unpatrioticrket but would be better received somewhere else. >> interesting. i wonder, also, what's the impact of kind of the liquidity squeeze further? all this talk already about how little liquidity there is in some of the names, if china shuts off ipos there, does that have a ripple effect? >> it's at odds with other moves. going back to the communication issue. if you decide for the first time since the crisis to coordinate a 25-point basis cut across the reserve in lending rates while at the same time these reports about clamping down on ipos, people in the stock market aren't going to know which way to turn. on the one hand giving liquidity and taking it away. >> their market is down 20% in the past two weeks and the government came out and said this is to clamp down on a bubble. they're clamping down on a bubble but at the same time they're going to rebubble it back up by stopping the ipos. it seems they're going out of both sides of their mouth. >> the shanghai composite swung 10%. it wa

you know they say you may disagree with but it would be unpatriotic. so that would not have happened and so they didn't feel that they have the ability to do this even though they were pushing to do that at the time. so it is that dynamic that we need to be aware of. and so we do need some devices it's good to talk about what they are with term limits and possibilities. but we have moved in a public debate so far from now. my fans are ralph gave it. and the notion of challenging this judicial supremacy is what you get. .. and it takes time. the debate shifts. suddenly for the 1st time really the debate shifts to how you interpret the constitution. that is a knew development. the dominant position shifts because the left flats on this idea and now we have agreement from left to right but the court should tell us what our rights are and what the constitution means and now we have to wait for someone to die or amend the constitution. >> a little bit going on today it seems to me on some of the various jurisdictions in the not-too-distant past it was liber

but i don't think that anyone has ever viewed to be unpatriotic. we can't change history but we can certainly learn from it. we know we must plan for it and pay for it by making strategic investments today. and it is today really boils down to this. what is the most effective way to provide for the national defense? i don't think that inflating the counter intentions he because it complicates rather than helps the problem. it doesn't allow the military to effectively plan for the future. we need to replace the sequester with a balanced approach that keeps america safe and strong at home and abroad. when it comes to the defense budget, congress should adhere to the same standards as the honesty transparency that the demand for the troops. but right now there is a serious disconnect in the mechanism and congress needs to step up and fix it. the president's fiscal year budget request of defense was $38 billion above the 2011 budget control act. the president requested a $38 billion to be authorized and appropriated as a part of the annual base budget

operations seem to be trying to act against the central bank and i asked her whether that felt unpatriotic at the time and what message they conveyed to those trading desks. let's listen in. >> translator: we indeed viewed them as yet another category of market players who were acting legitimately in the currency markets. although we organized meetings with them and told them about the consequences of the regime because they had to understand that they were taking on the currency risk that the central bank is not going to control the exchange rate and under the influence of the objective situations the exchange rate may strengthen or may weaken and they should be ready for it. so for them to be able to control their currency exposure it would be beneficial to release a currency revenue. i would say they have mastered it so right now they're being quite even in terms of selling their currency without any pressure from the central bank or from the government. >> but they say that when it comes to central bankers quite often they're fighting the last war. if you think about the germans they'r

is allowing the patriot act to expire unpatriotic is it making us more vulnerable to an attack?ebt. isis pulling of a coordinated deadly attack on an iraqi police base. can the moment to be stopped? why does the man known as the bond king

gore or the day after when al gore comes out and says it would be unpatriotic to do anything other than acquiesce. like in 1876 i would not seemed to come would not happen so the court didn't have had the ability to step in. so it's a dynamic we need to be aware of. so we do need some devices. i think it's good to talk about what they are, term limits they play some role but we have moved in our public debate so far from that right? honestly my view it's depressing sometimes. my fans, ralph nader and newt gingrich. that's got a left-right thing but that's not what i would like to be on either one and something is wrong. [laughter] when the notion of challenging judicial supremacy is so french and this is what you get. >> i think it's not an accident the notion of challenging judicial supremacy is a fringe phenomenon. we shouldn't leave the store off in the 1930s. you have to think about the 1950s and brown. there was pushback in the form of most probably the southern manifesto where a group of southern congressmen and senators to give an offer their own constitutional interpretation. in

the day after when gore comes out and says, it would be unpatriotic to do anything other than a clearin 1876, that would not have happened so the court to not feel it had the ability to step in. so it is that dynamic that we need to be aware of, and so we do need some devices. i think it is good to talk about what they are. there's a possibility they would play some role but we have moved in our public debate so far from that. it is depressing sometimes. my fans are ralph nader and newt gingrich. that is a left right thing but that is not where i want to be on either one, and something is wrong when the notion of challenging judicial supremacy is so fringy that this is what you get. >> it is not an accident that the notion is a french phenomenon. we should not leave the story off in the 1930's. we have to think about the 1950's and brown, and there was pushed back. most prominently, the southern manifesto where a group of southern congressmen and senators get together and offer their own constitutional interpretations, incredibly legalistic documents. one can use that to stand for the

joe tweets "the flag is unpatriotic and represents hate and racist groups love that flag.ern pride can be shown with state flags." "it is a symbol of hate not historically but even at this hour." and kevin plantz tweets "we need to take that flag down. there's no reason to live in the past unless we want to keep our mind-set there." keep talking to me my handle is @alexwitt. we'll go back to the church in charleston where neighbors and strangers are coming together after the horror. you'll hear more about those who died plus the hugs, the prayers and the respect being given there today. >> i only moved here about a year ago and i wasn't sure at that time -- i don't know if this is the place for me to live but i told them i don't think i've ever been more proud to live anywhere my whole life. because no one is talking retaliation, everybody's talking about a respectful decent way to honor the ones that were lost. ♪ don't let'em pick guitars and drive them old trucks ♪ boys? ♪ mamas, don't let your babies...♪ stop less. go more. the passat tdi clean diesel with up to 814 hwy

which in 2008 then president obama referred to as a $10 trillion national debt is unpatriotic and immoralay there's a debt clock, it's right above us at the hearing. $18 trillion 159 billion -- >> but -- >> it's going up a million dollars a minute. >> it has come down. >> is it a good story? >> it is a good story. the deficit has come down as a percentage of gdp faster. >> the deficit started coming down, new administration, new speaker that took office in january of 2011. and because of fiscal restraint in federal spending and growth of the economy that annual operating deficit is coming down. but it's not zero yet and the national debt continues to rise. is that a good story? >> i don't think it would be good for our economy if we were to have a balanced budget today. right now we have an economy which many of you have said isn't growing fast enough. we need to continue to look at keeping the economy growing and keeping an eye on the long-term. having a stable fiscal posture for ten years is huge progress. >> mr. secretary couple years ago then-chairman of the joint scheefs of staff as

reconstruction congress, teddy the opinion but it would be unpatriotic to do anything other than acquiesce. in 186 -- 1876 that would not have happened. the court didn't feel it had the ability to step in. so it's that dynamic we need to be aware of. so we do need some devices. i think it's good to talk about what they are. term limits are a possibility. they play a role. we have moved in our this? jefferson, jackson, public debates so far from that. obviously my view, depressing sometimes that my fans are ralph nader and newt gingrich. that's got a left-right thing. that's not where i like to be on either one. something is wrong when the notion of challenging judicial supremacy is so roosevelt, franklin roosevelt. it's only in the last 50 years we have moved to the fringey. >> it's not an accident the notice of challenging judicial supremacy is a french phenomenon. mr. driver: we have to think about the 1950's. there was pushback as you say in the form of most prominently the southern manifesto where a group of southern congressmen and senators get together and offer their own constitutio

gore the day after when gore comes out and says you may disagree with the opinion but it would be unpatriotic. in 1876 that same -- would not have happened. the court didn't feel it had the ability to step in even though there were people pushing to do that at the time. it's that dynamic we need to be aware of. and so we do need some devices. i mean, i think it's good to talk about what they r. term limits are a possibility. we have moved in our public debates so far from that. right? i mean honestly my view is depressing sometimes my fans are ralph nadir and newt gringingrich. something is wrong when challenging supremacy is so fringy. this is what you get. >> it's not an accident that inthe notion of challenging it is a phenomenon. we shouldn't leave the story off in the 1930's. we have to think about brown. there was push back as you say in the form of most prominently the southern manifesto where a group of southern congresswoman and congressmen had their own interpretations. one can use that to stand for the propositions it might not have been wide spread. that makes people uncomfortable

to look at what we inherited >> but the debt itself with president obama referring to it is unpatriotic and immoral with 11 billion is it a good story? >> but there is a new administration and speakers took office january 2011 because of fiscal restraint with the annual operating deficit. >> i don't think it is good for our economy. wilson and not growing fast enough we have to keep the economy growing. is a huge progress. >> the a greatest threat to our national security. >> at that time it is double digits but looking at gdp. >> i am not asking that but national debt. >> as a percentage of gdp has stabilized we have made enormous progress. >> you refer to a proposed amendment with currency manipulation as the poison pill. the president said he had is new efforts to come back can you describe the role of treasury and will they be effective? >> to use the tools that we have to help push china into a different policy and japan into a different policy. with that trade legislation there are additional tools we are working with our negotiating partners to give us more visibility to use the

or unpatriotic it isn't.e to see short sellers get a bad rap because they play an important role. >> these kind of headlines is the talk though because this is when the short sellers should matter. >> but bull market has been going on for five or six years. how difficult is it to be a short seller in the face of a consistently rising stock market. when the overall train is speeding isspeed speeding forward it's hard to get on the other way. >> even if you're right about a stock eventually unraveling it's a tricky business. >> one more note jimmy lee's funeral at st. pats. there's a spectacular piece that walks through what happened during that hour and a half and the speech that jamie dimon and others gave. it will bring a tear to your eye. >> and eulogy from his son. >> he was a special man and it was a very special ceremony and he would have loved it. he would have absolutely loved it. so there you have it. >> okay. coming up, why a large majority of americans are holding off or delaying preventive care. th

but i don't think anyone has ever done it to be unpatriotic.we can't change history but we can certainly learn friday. we can't see into -- from it. he we must pay for it by making strategic investments today. and this debate really boils down to this -- what's the most effective way to provide for our national defense and i don't think inflating the overseas contingency account o.c.o., is the way to go. because it complicates rather than helps the pentagon's budgetary problems. it doesn't allow the military to effectively plan for the future. we need to replace the senseless sequester with a balanced approach that keeps america safe and strong at home and abroad. when it comes to the budget -- defense budget, congress should adhere to honesty, transparency and discipline we demand from our troops. right now there's a serious disconnect in the o.c.o. mechanism of this bill and congress needs to step up and fix it. the president's fiscal year 2016 budget request for defense was $38 billion above the 2011 budget control act. the b.c.a. the spendi