different time it was on the gold standard and the populist candidate for president william jennings bryan was actually running on a platform of easier money cheaper money he wanted by metal isn't this is money backed by silver in addition to gold which would expand the money supply has been talking. we were. down before the probably for. our own. famous speech the campaign then for easier money was an effort to help the poor the worker to free him to allow him to borrow with lower interest rates boy how times have changed bank america hard cash rewards credit card one percent cash back on everything i buy here no limit to the money because practically no hoops to jump through to. see for sure has. simple a little more than a century later we've seen how simple it has become with currency and easy money opening the door to the expansion of credit that now actually shackles many of the poor the workers the middle class in debt credit card debt mortgage debt student loan debt brian looking back he ran for president three times he lost but looking back at the issues then very eerie similariti

would roll over in his grave to be compared to william jennings bryan. in a fundamental way they were aiming for the same thing. william jennings bryant became the spokesman of the populist movement in the 1890'ss and at the heart of the populist movement was a belief that the financial system of the united states was tilted against farmers specifically. ordinary people generally but farmers specifically. they had a very specific complaint, namely falling prices for farm products. the price of corn went down by half between the 1870s at 1890s. cotton was a little more. this was a very serious problem for farmers because farmers typically operate under conditions of that and debtors are seriously disadvantaged when prices fault. if you are a $100 when week is $1 a bushel you have to grow 100 bushels to pay it back. but if it is $0.50 you need 200 bushels to pay it back. the fundamental goal for the trick behind managing a money-supply is to get the money supply to grow at the same rate as the economy as oil hole. if you do then prices overall will remain s

back when i was a young political scientist doing an analysis on the populist party, william jennings bryan and his speech which, by the way, recorded years later, one of the great speeches of american politics, it's a big part of william sapphire's book on speeches, and great speeches were delivered in a very different way back then because he sounds kind of squeaky. so you've got william jennings bryan, the cross of gold, and my own political hero when i was a kid, richard nixon. no lie. don't tell anybody. [laughter] so tell us how bryon and nixon affected the dollar in their own times. >> richard nixon would roll over in his grave to be compared to william jennings bryan. [laughter] but in a very fundamental way they were aiming for the same thing. william jennings bryan became the spokesman of the populist movement in the 1890s and at the heart of the populist movement was a belief that the financial system of the united states was tilted against farmers specifically. ordinary people generally, but farmers specifically. and they had a very specific complaint, namely falling prices for

their highest profile candidate, william jennings bryan, did not win the presidency, but the platform that he ran on was in most ways actually accomplished. the united states did not monetize silver, but it turned out that new discoveries in gold in the next half decade did increase the american money supply. and prices begin to rise again. so, i would be surprised if an occupy wall street candidates were nominated, ran for president next year. but i wouldn't be surprised if the various grievances that they are air -- haring became important in the next election. >> can i give debuts one second to comment on this? >> yeah, speaking of one of the 80 on people who started up the movie in new york, yeah, we are not intending to do that, but i think all of us would say that. the way the book and the movement army in the same way, we have talked about the things that really important with a loud the conversation in this country, went and played away from the concerns of the fact that people actually have any day-to-day life. i think that's what occupy wall street was about. just change the

look at things william jennings bryan said that happened in the new deal or something that charles evan hughes that reflects on the eisenhower era. perot raised some issues we are still grappling with and always a reminder that we have a third party option. that maybe sometime that if these other parties get too arrogant, there will be some voice from the heartland or of america that comes up and strikes a different chord. and i worry that the debates make it very hard for a third party candidate to get into the mix. so perot in that regard may be one of the last to have been able to pull that -- something like that off. >> carolyn barta mentioned ross perot in the summer of 1992 had hired ed rollins and hamilton jordan to be involved in his campaign. after the 1992 election, ed rollins who continued to -- in his political work, and is still active today, talks a bit about his view of the perot candidacy. we have a clip of that right now. >> the bottom line, it wasn't that perot was difficult to deal with. it was that perot never wanted to run that kind of a campaign. he always wanted t

she, for example, urged wilson to five-year william jennings bryan as the secretary of state, and he did. she tried to push the colonel assigned she was pretty much a woman that knew what she wanted and set out to achieve it. they had a very i think warm relationship not only tied in with ambition, but when they were courting their letters are very torrid, and a friend of edith said that when woodrow proposed she fell out of bed. [laughter] so, i think they had a close relationship and she did have aspirations. i think many of these women and rightly so felt they knew as much or more about running the country than their husbands did and that they realize it was only because of the culture of the country that they were restricted to being a kind of a backup person, and that tells you get into the 20th century, the y jeeves found it more and more to shut tuesday in the background. yes? >> based upon the letters and the relationship of the different couples who would you say had the most compelling relationship and why? someone that you would want to write more on just on that koppel. >

she, for example, urged wilson to five-year william jennings bryan as the secretary of state, and heassigned she was pretty much a woman that knew what she wanted and set out to achieve it. they had a very i think warm relationship not only tied in with ambition, but when they were courting their letters are very torrid, and a friend of edith said that when woodrow proposed she fell out of bed. [laughter] so, i think they had a close relationship and she did have aspirations. i think many of these women and rightly so felt they knew as much or more about running the country than their husbands did and that they realize it was only because of the culture of the country that they were restricted to being a kind of a backup person, and that tells you get into the 20th century, the y jeeves found it more and more to shut tuesday in the background. yes? >> based upon the letters and the relationship of the different couples who would you say had the most compelling relationship and why? someone that you would want to write more on just on that koppel. >> i think there are a number of them