. >> greg: normally when you produce something so huge that it is unreadable it is slept unread. whistling what do you let when the strategy of overdeliverring backfires and polls of people who never read the healthcare bill based with people who have? based on ash len specter, the folks didn't just read the bill, they are now quoting. it is coming from the twitter crowd. suspicious of the huge rush they are not motivated by racism. their concerns were raised at the dinner table as opposed to on twitter. i only bring up twitter because today i came across a column by megan mccain where she brags that while may shell has the number one book in the country she has twice as many twitter followers than she does. the fact is the phone book has everything i need to know for survival but i don't take it to the beach to reid. read. it inspires no one, it is just a tool, much like twitter and megan. that was a funny but honest spectacle generated by a generation who need not tweet for they realize that followers will not pay their bills and sadly for megs, they probably don't buy books ei

am drinking my days and crying my nights away i have about 1 million contacts in my iphone and no unreadsages today that do not faze me, no because i have a thing with a .com girl for $1 a minute we can talk about love she says that we will get married someday it is a sad, sad allusion of happy -- illusion of happy we are fools for calling it living free. these are the days of the liberation yeah oooo it is a sad, sad illusion of happy it is a sad, sad illusion of happy and you are forced to call it living free it is a sad, sad illusion of happy we are fools for calling it a living free these are the days of the liberation ♪ [applause] >> for more information on today's show, and visit tavis smiley at pbs.org. tavis: join me next time for an exclusive conversation with the twitter co-founder on the growing influence of his brand. >> there are so many things that walmart is looking forward to doing, like helping people live better. we are looking forward to helping build stronger communities and relationships. with your help, the best is yet to come. >> nationwide insurance probably suppo

if you think all these unread thousand page bills are just part of a runaway out-of-control government, i don't think it is. i think it is meant to overwhelm the system. i mean, how can you fight a stimulus package when there is a giant healthcare bill along side cap and trade going full throttle at the same time? what happens when one or all of these massive bills pass? i showed you the debt clock a minute ago. we can't spend anymore. even barack obama admitted that much, yet here we are with trillion-plus dollar healthcare bills and more on the table. why? why, given the risk, do you keep pushing? according to the cloward-piven strategy, you do it to collapse the system, and once that system has collapseed, a new one is put in its place. well, what system could possibly be ready to go? i don't know, but what is better time -- is there a better time to implement the 1960's radical idology from scach than when a president who has said over and over again that he is not a marxist, couples himself with advisors who are self-proclaimed marxists, socialists an communists? i will introduce

living in and so if you actually read the american economic review you will find this completely unreadable. it is all math, jargon and he would not be allowed if you are not subscribing to the american economic review. they did a study not long ago to ask how many people read the average article that answer was to and have people. i am assuming they are not including the editors and the author that we would be left with half runaround reading articles so the fact the mainstream isn't favorable to the austrian school of economics i don't count as a demerit, i count that as a point in its favor. i don't see that the mainstream profession has been doing a big nut job recently. what i want to talk about today is as follows, i want to explain first the precipitating factor in what happened and no, it's not the regulation, it's not the free market is evil or the nonsense you get from cnbc or from the white house or whatever. all of that stuff is false. everybody who says the free market is failed and the drones so first what was the precipitating factor? the second by one to explain why fiscal s

they're upset because th stimulus was passed unread. they're upset because at 3:00 in the morning, pelosi introduced a 300-page amendment on energy tax increase and voted on it before the next afternoon. they have a sense of a machine running over them. there is substantiation in way the people are generally upset. the american way is to let them hang out, talk to them. let the members go back home. hold as many town hall meetings as you have to. let people get it out of their system, by september, we could have a genuine dialogue in this country. >> i know your allies, governor dean, said people are paid for. people recruited by lobbyists here in washington. but you can't create -- you can't force people to go out to a town meeting. you can't manufacture that kind of anger, can you? >> well, there is actually a lot of orchestration which tells people to do what they're doing, sit in the front, interrupt. >> he's got like 23 friends on facebook, though. >> well, y, but there's also other organizations including some pretty reputable com

unread it was attached as rider by senator phil graham before the christmas break in 2000. this essentially created the shadow banking system for derivatives. it treated the derivatives, including credit debt swaps and all the acronyms that people have pointed to as a key factor in bringing down lehman and bear stearns and aig. there were no reporting requirements, no loss reserve requirements. if you are an insurance company and you are writing hurricane policies or life insurance policies you don't know exactly what you will spend every year over the next 10 years, but you have a ballpark of what history suggests you will pay out in actual claims. you have to reserve for that and put money aside. this allowed derivatives to not do that and not be traded on any exchange, to not have any state or sec, regulatory supervision. it it was left to his own devices and things ran wild, which again led to a.i.g., lehmen, bear stearns going the way of the do-do. you have the five largest investment banks on wall street led by then goldman sachs c.e.o., hank paulson going to the sec

unread it was attached as rider by senator phil graham before the christmas break in 2000.s essentially created the shadow banking system for derivatives. it treated the derivatives, including credit debt swaps and all the acronyms that people have pointed to as a key factor in bringing down lehman and bear stearns and aig. there were no reporting requirements, no loss reserve requirements. if you are an insurance company and you are writing hurricane policies or life insurance policies you don't know exactly what you will spend every year over the next 10 years, but you have a ballpark of what history suggests you will pay out in actual claims. you have to reserve for that and put money aside. this allowed derivatives to not do that and not be traded on any exchange, to not have any state or sec, regulatory supervision. it it was left to his own devices and things ran wild, which again led to a.i.g., lehmen, bear stearns going the way of the do-do. you have the five largest investment banks on wall street led by then goldman sachs c.e.o., hank paulson going to the sec and