uniting us today far beyond the divisions of yesteryear. come let us reason together was johnson's favorite biblical passage. by reaching across the aisle, appealing to reason, and fostering togetherness, he not only continued f.d.r.'s revolution, but left his own indelible mark on america. while he may have been the consequence mat politician, his ultimate aim was to use his power to do the greatest good for the greatest number. hey, hey, l.b.j., my, oh, my, we could use you today. [ applause ] >> is currently an advisory board member for the public policy institute and as president mentioned a catalyst for this conference. ladies and gentlemen, please join me in welcoming to the stage joe. >> i'm 1257ding between you and robert caro, so i'll be short. bob caro is fascinated with the exercise of power and those who exercise it. it led him to write the power broker, his brilliant biography that set all new standards for political biography. >> bob caro is london johnson's most demand and meticulous biographer. bob is fond of saying that, an

condescending in 2012, but no denying the best female athletes of today could beat the best men of yesteryears weekend, 16-year-old ye shiwen covered two laps of the pool just as fast as "tarzan" johnny weismuller did in the '28 olympics and faster than mark spitz in the 1969 world championships. but what has all of london talking is how her times compare to the men of today. in the 400 medleys, she swam those final two laps almost exactly as fast as michael phelps, and in the last 50 meters, was faster than ryan lochte. "every time we see something 'unbelievable,' history shows us that it turns out doping was involved," john leonard told a british paper. and though the so-called "mandarin mermaid" passed her drug test saturday, parents of american swimmers are suspicious as well. >> if it's within the rules today, they might have to change the rules later when they found out what they did. >> reporter: in china, there is outrage over the allegations, and charges of racism. >> translator: i think the accusations are unfair. people may think asians are not as strong as americans or europeans.

could fetch a thousand and so you the internal rate of return of the slick and zero coupon bond of yesteryear that's like when we were had real interest rates you probably read i don't i don't know i was a long time. but that represents the rate of return on one of these old fashioned bonds actually paid something. so my thinking is that instead of taking one's entire risk with the federal reserve to give nature a shot at it as well right. so with a tree your risk of a thousand can cure disease but not so much with you know with peregrine or with the right right right is different kind of risky conservative kind of risk that or is it is not within the financial system it is outside of the financial system a very innovative alternative. which they see in the financial quarterly so uncorrelated risk correlated risk there you go in a world of so many correlated thank you so much that you were ever getting down into it and you need to talk to you it's you know i guess you could call that the mother nature risk now that is not all of my conversation with jim grant you can go online and catch a web

reflect lbj's formidable legacy continues to resonate, uniting us toward far beyond the divisions of yesteryear, come, let us reason together is johnson's biblical passage, by reaching across the aisle appealing to reason or fostering togetherness, he not only appealed fdr's revolution, but left his own indelible mark on america. his ultimate aim was to use his power to do the greatest good for the greatest number, hey, hey, lbj, my, oh, my, we could use you today. [ applause ] >> johnson's chief architects in building his great society was a young new yorker named joe calfano who served as special assistant to the president in 1965 to 1969. he then went on to become secretary of health, education and welfare for jimmy carter. he is currently an advisory board member for the roosevelt house public policy institute and as president rob mentioned a catalyst for this conference. ladies and gentlemen, please join me in welcoming to the stage, joe calfano. >> thank you. thank you. >> i'm standing between you and robert caro, so i'll be short. bob caro is fascinated with the exercise of power and tho

gray" becoming the first book to sell a million e-book downloads a far cry from the hollywood of yesteryearto male egos. >> studios are waking up to the fact if women get excited about a movie it can be a huge hit. >> reporter: women across the country say it's empowering. what makes them blush also makes them happy and there's nothing wrong with wanting more. gloria riviera, abc news, los angeles. >> on that note "good morning america" coming your your way first thing in the morning. hope to see you tomorrow and all this week on "world news." have a good evening, good night. ñ'

gray" becoming the first book to sell a million e-book downloads a far cry from the hollywood of yesteryearto male egos. >> studios are waking up to the fact if women get excited about a movie it can be a huge hit. >> reporter: women across the country say it's empowering. what makes them blush also makes them happy and there's nothing wrong with wanting more. gloria riviera, abc news, los angeles. >> on that note "good morning america" coming your your way first thing in the morning. hope to see you tomorrow and all this week on "world news." have a good evening, good night. [ male announcer ] are you paying more and more and more for cable -- and enjoying it less? upgrade to verizon fios internet, tv and phone for just $99.99 a month, guaranteed for a year with no annual contract. or chse a two-year contract and get $200 back and a two-year prprice guarant. fios is a 100% fiber-optic network that delivers america's fastest, most consistent, most reliable internet. and now, it's faster than ever. you get speed you can count on... even when everyone at home is online at the same time. plus,

gray" became the first book to sell a million downloads on kindle, a far cry from the hollywood of yesteryearto male egos. >> studios are waking up to the fact if women get excited about a movie it can be a huge hit. >> reporter: women across the country say it's empowering. what makes them blush also makes them happy, and there's nothing wrong with wanting more. gloria riviera, abc news, los angeles. >>> and that is our broadcast for tonight. thank you for watching, those of you not at the movies. "good morning america" first thing in the morning. i hope to see you right back here tomorrow tonight and all this week for "world news" i'm in for diane. have a great holiday. see you tomorrow night. >> ama: tonight, a horrific collision in northern solano county has left at least two people dead. >> alan: the accident happened at 23:40 this afternoon in >> ama: officers claim a car failed to stop at a stop sign. the car collided with a chevrolet in the intersection. the chrysler rolled over into a ditch. the map has been airlifted to the hospital. the two people in the chevy suffered minor injuri

>> they are bigger and faster, i done know if the contact any more violent than violence of yesteryear. it's a safer game today. n.f.l. is a league have behind some ties of hits. >> bill: the helmet to helmet. when you were playing they could smash you all day long. i remember seeing you at the stadium with the oakland raiders and they were coming in whack you on the sideline. >> that's right. >> bill: that was so brutal when you were playing it was almost frightening. do you regret the toll it took on your body? >> you know, no. in a sense i'm lucky because i know things could be worse. my insides are good shape. my heart and liver and my kidneys and all that stuff. the other thing, from time to time painful but i consider myself very lucky. i don't know if i had a son, i don't know i would wanted him to play football if he wanted to play, i would let him. but i would try to get him to play another sport because it is that difficult. it does take a major toll on the body. >> bill: here is what i want to know. applied football much lower level than you. they have a christian athletes l

that middle class michelle story ofiesteryear is just that story of yesteryear. herbert, shelby knox and lawrence otis graham. shelby, that kind of yesteryear story, what does that mean for young people in your generation? >> you used to count on aspirational votes, talking about the 250,000, my generation doesn't even think that we are going to make 250,000 a year. fewer people are -- fewer young people are homeowners, we are renting and moving back in with our parents. the idea of the middle class, i'm sad to say, the not really one we have. when president obama is talking about michelle obama, what we've got to remember here is that 42% of american women don't have enough income to meet basic household expenses. that goes up to 66% when you're talking about african-american women. we add the pay gap in there, 77% for women, 66 cents on the dollar for african-american women. so he can tell this story. and it's one that needs to be told. but he needs to be speaking to the reality of american young people, especially american young women. we really -- we are deva

you know, alex, a lot of the olympians of today have been inspired by the olympians of yesteryear, and of those is the olympian who won his first two gold medals in the 1948 olympic games who is my father. and he is 87 now, but he is a little bit fragile these days and you see him there at the 100 days to the countdown to olympic games in new york, and nothing isoing to stand in the way from him heading to london this weekend, 64 years after winning the 800 meters, 4x4 relay and winning bronze in the 400 meters. he will not be alone, of course, because my brother, lonnie, and i will accompany him who is excited to reunite with the other 48 ers as we call them. and dad with the follow olympians from the historic games are featured by the way this week in the new york times in a beautiful photo gallery and you don't want to miss it. you can hear them in their own words as well at new york times.com and nytimes.com, and what an inspiration to keep the olympic flame burning bright in their 80s and 90s. we will keep you posted over the next couple of weeks, beginning this weekend. >>> and s

ever wanted to visit the outdoors and yesteryear at the same time?ong at bass pro shops. now you can save up to $3,000 on america's favorite boats during the tracker model year clearance sale. t but centurylink is committed to being a different kind of communications company by continuing to help you do more and focus on the things that matter to you. >> shepard: today a dare devil fell 18 miles. that's still nowhere near the record setting jump he says he is planning. this guy landed safely in new mexico after taking a blah pliewn into the stratosphere. so high he he needed a pressurized suit and oxygen supply. his team estimates he fell at a top speed of more than 500 miles per hour. here is an idea of just how high i mean. mount every rest is 29,000 feet. jet crews travel around 29,000 feet. this guy jumped from three times that height about. all leading to planned record setting stunt. he says he will jump from some 23 miles up. and that he hopes to go super sonic breaking the speed of sound with his body. now the folks at nasa are watching close

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is objectivity yesteryear? should and does beat providing analysts from this point of view? what do you mean that of activity needs to be e-book? >> that is a good question. i -- needs to evolve? >> that is a good question. i completely agree. as a media person, and it is connected with the pitcher is important as a reflection of my values and my interests. of all of us have an agenda. an important thing is for us to be transparent about what that is. it of activity in. it is -- teach objectivity. it is essential. i am trying to be objective. >> i think there is a fallacy that every component of the news media has to be objective for the consumer. sometimes the best arguments are made by people who passionately feel that one side of the argument is correct. that is fine. you did not listen to them directly. you can listen to sound as listed many sides of the -- who has listed many sides of the argument. the are some so-called objective reporting. we know it can be either way. the responsibility of the person reporting the news is to guide you to that. social media plays that

, do you really mean to though the baby out with the bath water and say objectivity, eh, that's yesteryear and we should go forward with more subjective journalism and what journalists should be doing is providing analysis from a subjective point of view? or did you mean actually objectivity needs to evolve? >> that's a great question because i agree with you 100%. i like to combine the idea of objectivity with the idea of transparency, which means we're objective within the framework of who we are and ha we believe. as a mog person, anything i -- media person, anything i choose to feature as important my interests. so on that level all of us have an agenda and the important thing for journalism today is for us to be transparent about what that is, to teach objectivity, those principles are totally essential. it's one of the things we want to hold onto but not to say because i'm a journalist, i'm objective, the high priest of objectivity, but to say i'm trying to be object've but here's where i'm coming from. >> i think there say fallacy that every component avenue -- of news media has to

thiddlclasmichle sry iestyears jt thtory yesteryear. herbert, shelby knox and lawrence otis graham. shelby, that kind of sterar ory,hat es tha meanor ung oplen youneraon? you useo cou o piraonalvote tking out e 25000,yenerion esn'evenhink tha we e goin to make 250,000 a year. fewer people are -- fewer young people are homeowners, ware rentg an ming bkn wh ourent th idef th mideclas i' sado say,he noteall one hav whenresintbama is tking abt mhelloba, whae've goto rembeere is that 42% of american women don't have enough income to meet basic household expenses thatoes u t 66 whe youe lkinabou aicanmerin wome dd the pay gapn ere,% forwome 66 cen othe llaror african-american women. so he can tell this story. and it's o that needs to be told. but he needso b speaking th rlityf aricayoun oplespeclly arica younwome weeall --e are devtate out ere d w kw t chnges >> isntertinghe sort of aspirationals a pekts in this idea when you look at the hard facts, it feels like this story of t govnmenblue clar rkerthe syt homm, thkids tt g toprinton, thatoe

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, do you really mean to though the baby out with the bath water and say objectivity, eh, that's yesteryear and we should go forward with more subjective journalism and what journalists should be doing is providing analysis from a subjective point of view? or did you mean actually objectivity needs to evolve? >> that's a great question because i agree with you 100%. i like to combine the idea of objectivity with the idea of transparency, which means we're objective within the framework of who we are and ha we believe. as a mog person, anything i choose to feature as important is a reflection of my values and my interests. so on that level all of us have an agenda and the important thing for journalism today is for us to be transparent about what that is, to teach objectivity, those principles are totally essential. it's one of the things we want to hold onto but not to say because i'm a journalist, i'm objective, the high priest of objectivity, but to say i'm trying to be object've but here's where i'm coming from. >> i think there say fallacy that every component avenue -- of news media ha

, do you really mean to though the baby out with the bath water and say objectivity, eh, that's yesteryear and we should go forward with more subjective journalism and what journalists should be doing is providing analysis from a subjective point of view? or did you mean actually objectivity needs to evolve? >> that's a great question because i agree with you 100%. i like to combine the idea of objectivity with the idea of transparency, which means we're objective within the framework of who we are and ha we believe. as a mog person, anything i choose to feature as important is a reflection of my values and my interests. so on that level all of us have an agenda and the important thing for journalism today is for us to be transparent about what that is, to teach objectivity, those principles are totally essential. it's one of the things we want to hold onto but not to say because i'm a journalist, i'm objective, the high priest of objectivity, but to say i'm trying to be object've but here's where i'm coming from. >> i think there say fallacy that every component avenue -- of news media ha

, do you really mean to though the baby out with the bath water and say objectivity, eh, that's yesteryear and we should go forward with more subjective journalism and what journalists should be doing is providing analysis from a subjective point of view? or did you mean actually objectivity needs to evolve? question a great because i agree with you 100%. i like to combine the idea of objectivity with the idea of transparency, which means we're objective within the framework of who we are and ha we believe. as a mog person, anything i choose to feature as important is a reflection of my values and my interests. so on that level all of us have an agenda and the important thing for journalism today is for us to be transparent about what that is, to teach objectivity, those principles are totally essential. it's one of the things we want to hold onto but not to say because i'm a journalist, i'm objective, the high priest of objectivity, but to say i'm trying to be object've but here's where i'm coming from. >> i think there say fallacy that every component avenue -- of news media has to be ob

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