college reading it would seem unusual they would throw aside all of their usual objections to white centric, old white male culture, for their one book for summer reading. so, i can't see how we solve this problem without solving the even more egregious problem of the lack of intellectual courage saying to kids you shall read these books to start your college years. >> i'm not sure i can repeat that. is note beach book phenomenal -- represents the an abdication of intellectual authority of the teaches and we can't solve this problem without addressing that bigger problem. >> we've lost the core curriculum so we no longer have anything that we can rely on as students all having read in common. but here we have this one look, this one opportunity. i feel like this is a possibility to bring that back, and that's what we're trying to do. it's not a core curriculum. it's far from it. and it is representative of the larger loss, but with just this one book, i think it is possible, and it's our task to show colleges why there's a need for these kinds of books and why they're important. >> i have a

one is kind of how domestic policy tends to get done, which is a very white house staff centric process. the white house staff tends to get some ideas together, goes to the president. the president says, i like that one. and then it's kind of brought to the cabinet secretaries in the sense of there's a train going down the track and the president's in the locomotive, driving the train and this how it's headed. let's talk about how we're going to implement it and execute it. we had a different model on the national security side which was to involve the cabinets secretaries in the development of the policy from the get go. i think it meant for better policy because these are the people the president has chosen and the senate has confirmed to be the national security principals. if they feel their part of the process, they have ownership of the initiative, they have to implement it and execute it. you tend to be more excited about things you're part of. i would say use that model in terms of you running the process. and, again, for the national security adviser, don't try to substitute fo

white knows what is going to happen there. there is instability elsewhere. are we to china centric?s one of thea largest economies in the world and it is going through a big shift from manufacturing to services. it is unprecedented. an impact on global economies around the world. it is reasonable to look at it in close teacher. close detail.n manus: that is where the real discussion is, in japan. money is leaving japan. we looked at this yesterday. money is flooding out of japan for the last 12 weeks. we're seeing a demonstrable change. the index in confidence is dropping. are you part of the exodus from japan or are you still in a holding pattern there? mohammed: we have some concerns over the japanese economy. it is safe to say that the japanese authorities are throwing everything at it and badly for them they have nothing to show for it. we are not seeing the recovery in the data and money is flowing out. for us in terms of whether there is an opportunity in japan comes back to valuations. there are some compelling valuations of some of the japanese stocks but some are overvalued