kevin warsh pressed his inions in today's "wall stre urnal," and then repeated th in a speech this afternoon the commentsonfused investors. just a few days ago,ed policymakers said rates wod stay low. so what's going on? suzanne pratt got some answe. reporter: the federal reser governor's op-ed in today' "walstreet journal" was a potential ha grenade for finaial markets. and just hrs after lobbing it, author kevin war echoed much of its content at a eech in chicago. >> if policymake insist on waiting until thlevel of real activity has plainlynd substantially turned to normal, and the econy has obviously retued to self- sustaini trend growth, they ll almost certainly have waited too long. >> reporter: war had many on wall seet scratching tir heads. that's mostly cause it was a 180-degree turn fromhat the fed id wednesday after its meeting on intert rates. licymakers said economic conditio are likely to warrant exceptionay low rates for an extended period. whis warsh publicly contradictg his boss, fed airman ben bernanke? economt chris low says no one really knows, so iestors should take the c

to me that is a high point in modern american political urnalism. as the colonists as a result of the books he has written and the television programs he hopes that those products -- in york city. and but we saw on the organic communities of the society and the stability as being more important. and the hard-pressed today to see an equivalent statement made a liberal or a conservative so described in our lture. there is one other example of what to give. it occurred read about the same time. daniel patrick moynihan who was one of the figures i about who had been the intellectual architect poverty, which we sometimes forget. began to rethink those. partularly after he and richard goodwin, another figure described in the bomk, had written a remarkable speech delivered here in washington in 1965. this speech call the to the full the declaration. it is hard to imagine. -- while the country had cured or salt to a great extent the legal injustices domestic of jim crow segregation it had not solved the social question, economic question that was involved.

to answer maybe, but when d ople start calling you the best political reporter, especially in the urnalism business, in the country?" the dean." >> guest: well, i can tell you when they started calling me a dean, which is when i lost my hair and what was left turned white. i was very flattered the first couple of times somebody referr to me as "the dean," and then a friend ofine said, "broder, before you get too inflated, rememb there's only one letter differencebetween being dean and being dead." so that put it all very good and well in perspective. c-span: do you remember, though, when that started? >> guest: oh, i don't kn. i mean, i'm 66 now, and i look every year of my age, so i expect it was probably, you know, at least 10 years ago. c-span: and do you know why? i mean. >> guest: i became "the dean"? c-span: yeah, but what is it that you do that people all of a sudden said, "there's the best political rerter in the business?" >> guest: well, i don't know that any large number of people believe that. i certainly don't believit mylf, but what's been unusual, i think -- there are a few

captioning sponsored b public affai television >> moyers: welco to the urnal. that was one figing speech barack obama deliver wednesday night. plain spoken a clear, he spelled out details of h own plan for health ca reform, rallied hiside of the aisle, met his adversaries he-on, and amed the partisan wrecking crew that ewed lies into the suer's heat. >> when any efforts to hp peoplen need are attacked as un-amecan; when facts and ason are thrown overboard an only timidity passesor wisdom, and can no longer even engage in civil conversation with each other over the things tt truly matter-- that that point we don merely lose our capacityo solve big challenges. we lose somethinessential about ourselves. >> moyers: it was higholitical drama thatould have pleased e two roosevelts. but spches are soon forgotten, and the atmosphere they eate dispelled, and the rhetoc, no matt how dramatic or efctive, challenged by reality. now comes the fit to the finish, and we'll st with the story as the weeks uold. bufirst, we turn to another big decision bearing dn on the presiden

urnalism award in 1993. he is a columnist with "the washington post." for more information about the authorsnd books featured on encore but nuncius sucss of air fare recently renovated web site, booktv.org hinliffe conniff booktv if a series. you will find encore booknotes .. pas i was speaking to give a dissenting voice on the legacy of darwin an there's a lot of interest in darwin and his legacy this year, it is the 200 anniversary of darwin's birth, the 1 fiftieth anniversary of the origin of species that is coming up later in the year in november. carbon is so big that he is even on the money, we have the queen on one side of the0 pound notes and charles on the back. around the world with is anniversary there is the question aboutis legacy, what has our when left us, what do we klow because of carbon that we didn't know before. quite typically thenswer to that question is, darwin refuted the design arguments, gave us the idea of evolution, the understanding of the mechanism of natural selection but according to many intellectual historians, many bio