avalanches, vulcanism, impact craters, that expose the surface like natural drill rigs. this together with areas where we have seen the water. there's a little trench from our phoenix scout mission in 2007. exposing the water that we measured and verified. we have seen surface layering with radars that have been partnered with italy through the polar caps that show us the way the climate record on mars is put together. all this paints a picture for a planet that is really profoundly andresting, alluring, compelling to get ourselves there. there are still problems. on our convenient earth we have mother nature's natural force , protecting us from all that nasty stuff that bill and mike talk about that you would experience if you left the protective sheath of our magnetic field. mars does not have bumps on it. it has relic magnetic signatures we discovered from the surveyor. we think that mars inside versus earth is very different. we are a dan amick planet exchanging injured -- dynamic planet exchanging energy. mars, that story changed. maybe it wasn't quite big enough to

what they do not want to see is the internet vulcanized so they only have access to the friendly u.s.ries and they cannot go into china, they cannot go into india. they see that as a possibility. when eric schmidt comes to you and says, i'm not fond of the u.s. government and what they have done to my company -- we are talking about a company where largely the connections between them and the nsa are probably not things they want you to know, but that does not mean that they are not very valuable for their business. >> right. and all of these companies do spend a lot of money lobbying in washington. what about this bill that passed the house in the senate to stop bulk data collection? do you think this will pass? will this make an actual difference, or is the nsa going to keep doing what it has been doing? >> i thought it was very interesting that you said it. all it does is move the puck slightly to the right and keep data collection in the hands of the telecommunication companies. it has been a weird part of the national discussion that americans are very upset about the government

as 1852 before he got the economy stakes, he was writing about the inevitable consequences, john vulcansthing but he cannot stand to bring percent, meeting at 2%, undated bond yield in london with intel people to speculate -- >> when will we get the gary shilling economy to move to the jim grant economy, an economy of high rates. >> tom, i've been telling you since 2007 -- i don't know. [laughter] what i think we can know almost with certainty is the prevailing low interest rates are going to do as much mischief as they have now done great stimulus. they stimulated asset markets, but they will presently do mr.. >> we will come back and talk to jim grant. coming up, folks, well ahead of the midterms, president obama considers an executive order to substantially change our immigration policy. stay with us. it is "bloomberg surveillance." ♪ >> good morning, everyone. a very busy morning. it is "bloomberg surveillance" on this tuesday. i am tom keene. with me adam johnson, olivia sterns. we have jim grant of "grant's interest rate observer." the fed begins two days of meetings. let's get you

vulcan, wealachian are not a nation of immigrants, but a nation of citizens. be have total and up as solute control over the border. taoist says the founders were not against big government. in the last hour, we will return to this topic. we will talk about, is america an exceptional nation? kind of a twist on what we have been talking about this morning. we have all heard politicians and pundits talk about america being an exceptional nation. that is where our is going to go in the last hour. up next, we will talk about immigration and some of these issues. we will have a roundtable discussion on that. first, john mcardle went over to see the archives of the u.s. we talk to him about being a collector in chief, declaration of independence, etc. here's that interview. [video clip] >> we are standing inside the national archives at pennsylvania avenue. nine blocks from the white house. we are joined by the archivist. the, best known for restoration of the declaration of independence. how many documents are you responsible for? ofabout 12 billion pieces paper, m