tv The Dylan Ratigan Show MSNBC February 23, 2012 4:00pm-5:00pm EST
and afraid to experiment are also looking at moving back at home with you. we can avoid all that with a community focus on the things we can control. in places like this. the ohio state university is day two of the 30 million jobs tour rolls on college edition for this february 23rd, 2012. that there by the way was the buckeye himself. good thursday afternoon to you. i am dylan ratigan at the ohio state university. home of the buckeyes. we'll get to our main focus in just a moment here at ohio state. first, we can't take our eyes off the auction 2012 gop debate edition. so take a brief listen to an edition of what we'll call
"let's get santorum." >> while i was fighting to save the olympics, you were fighting to save the bridge to nowhere. >> you questioned the credentials, but this week senator santorum. you have a label that calls him fake. why? >> because he's a fake. >> you know, i supported no child left behind. i supported it. it was against the principles i believe in. sometimes you take one for the team. politics is a team sport, folks. >> well, full coverage of the side show that is the gop debate with the mega panel. karen, susan, and jimmy all here in our next segment. first, more than 6,000 undergrads are set to walk out of this campus this spring. despite all the finals and papers and all nighters and student debt they borrowed, one of the biggest factors in
determining their first job and even where and how they live is that debt. not their best utilization, their greatest passion, their greatest value. the average american student now graduates more than $25,000 in debt at an extraordinarily young age. student loan debt now surpassed credit card debt by $100 billion. this generation of americans spending nearly a third of their monthly income simply to pay off that debt. you couple it with a very uncertain and dysfunctional jobs market. 85% of graduates have considered moving back home to you, mom and dad. more than half of the students end up at home after graduation. in fact, 16% of them are still there ten years later.
we start with tam ra drought. friend of the show, which worked with the young invincibles on the latest report. also with us newlyweds allison and collin newsmer, who are living with collin's parents because their student debt has left them with no option. $100,000 between the two of them in student loans. congratulations on your recent marriage. >> thank you. >> share with us, if you will, a little bit of your story. why did you borrow the money? why did you move home? what's going on? >> the majority of the debt is mine. i took awhile to get through school. double major, double minor. i was providing for myself. i wanted to spend as much time studying and with my friends. so i took as much debt out as possible so i didn't have to work as much through school.
not really thinking when i graduated i would be as far in debt as i am. >> she graduated in the spring last year. december this year, we realized we had too much debt and couldn't live on our own. >> what's the monthly payment? >> for my private loans, i'm over 200. and federal loans $200 as well. >> and you're living at home? >> my parent's house. >> you like your parents? >> yeah. they are great. >> that's a good thing. they like you? >> a little bit. >> how typical is a story like the one we just heard? >> unfortunately, it's all too typical. and there's a couple really big tragedies here. the most important thing we have to keep in mind is this is not the way the system was set up. they both went to public universities. the whole idea of public university was that it was going to be affordable to middle class families and that grant aid
would help the working class for the cost of college. >> and taxpayers would pay for public universities as an investment in the future of our nation and our states in order to properly educate the young people so they can lead our country forward. is that not the principle? >> that's indeed the principle. in one generation, it's been wiped out. >> i would point to this is part of the bigger, sort of 30-year assault on public goods and the role of government in society. and we have basically taken public investment for our state colleges and traded it for tax cuts. and we have to realize that we have to invest in our public good. the economy needs college graduates. our democracy needs college graduates. our system is a complete failure. >> how much do you two feel -- i talk about people having restricted options, but how much do you feel your options in terms of picking work and pursuing whatever experiment may
occur to you to pursue whatever small business or undertaking it may be, how much are your options limited by the debt? >> for me, i took the first promotion i could find. i was looking for a job teaching at the boys and girls club i was offered a promotion. i took it as soon as i could knowing i had more income coming in. ho hopefully saving towards a house in the future. >> i feel like your options get restricted. >> it's not the best job, but it pays the bills. >> there's few ways to look at this. we know that there's the federal government could have a big impact on how this happens. the government provides a lot of tax subsidies to for-profit schools that create a lot of debt and don't give anybody a job. meanwhile, they are reducing funding for pell grants and
other funding for public universities because quite honestly, for-profit schools give money to the big people. setting aside the federal issues, what if anything, on a state level or community level can we learn about or do to mitigate some of this e knowing that washington is fundamentally corrupt? >> we're in a tough place right now. as we all know, the states are facing huge budget deficits. they need to do cutting. one of the easiest places to cut is higher education. after all the recessions, what we now have is state funding of colleges and universities is at a 25-year low. that's one of the reasons why tuition has tripled since 1980. so the big thing we need here is we need stable sources of funding for our higher ed system. if the federal government needs to kick in to ensure that
happens, we need to do that. >> one thing about the funding that gives me some cause is the universities spend a vast sum of money on a lot of things that they don't make transparent to the students. and so before we go to the government for more money, before we go to the students for more money, i don't understand why we're not demanding that every university in america put up -- if you're going to take it federal money, if i'm going to charge you $100,000 in borrowed money, doesn't she have the right to know where that money is going? don't i as the taxpayer in new york have the right to know where that money is going? why should we be asked to blindly borrow money to universities that refuse to disclose the way they are spending that money. >> i i think it is both. >> shouldn't you know where the money is going? >> we do have some sense of where the money is going. >> no, we don't. >> if you look at all these universities, do you know where your money went?
>> no. there's no transparency. >> i never met a student in america and never looked at a university -- i have been to a lot of university websites planning for this college tour. you have no idea what is happening to that money. i just think it's offensive to all of us to ask our students to borrow money or ask our taxpayers to give money when the people taking the money refuses to show what's going on with the money? >> you're not crazy. we need accountability and transparency. where i might differ with you is on emphasis. we need to bring the cost of tuition back down. it's not all corrupt universities. that's the only thing i would say. most are trying to fulfill their public mission, which is to educate people in their state. they have become ham strung by the decades of solid disinvestment. they have been forced between a rock and a hard place.
if state -- if the state duts their funding, they have no choice but to raise tuition. we have to get public investment back into the institutions. >> we have this 20th sempl ri model that's raised a bunch of money and thrown it around. then we have 21st century models. the cost of learning has collapsed. if you look at the university level or on a secondary level because of youtube, because of the availability of information that is free and you look at the annihilation and utter collapse in the cost of learning things, it's so offensive to the characteristics of our country to look at the reduced cost of what's available while charging people, taxpayers and students through the banking system, all this money. are we crazy? have we lost our minds? >> i think we have lost our minds by not valuing our public
colleges. that's the value that's been lost. are there things we can do to get better efficiency? kill the racket of the textbook market? you bet. we need to do those things. but the reality is up until now, the best way students learn is with a teacher. >> but nobody is saying -- the technology lets the teachers do more. not less. >> absolutely. >> you have my sympathies. and your parents have my sympathies. and i understand as a birthday present to your dad, you're moving out at the end of the summer. >> we said by his birthday we would be out. >> now he has it on tape. thanks to all three of you. straight ahead, a full debate on voters are fed up with all these wedge issues.
the mega panel is here and fired up. and red, white, and green. how u.s. veterans are continuing to lead this it nation forward on their next mission. energy independence for america and the military and returning veterans at the cutting edge of that mission. we'll talk to a secret who is leading that charge. much more as the 30 million jobs tour college edition takes over for the hour ohio state. ok, guys-- what's next ?
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congressman paul? >> consistent. [ applause ] >> senator santorum? >> courage. >> governor? >> resolute. >> mr. speaker? >> cheerful. >> a cheerful newt gingrich, i'm sure that's how his colleagues remember him so fondly as his days at speaker of the house. the cheerful speaker has arrived once again. one of the lighter moments of the evening. potentially last debate in arizona last wednesday night. five days left until the next round of primaries. arizona and michigan are going to vote. it was clear last night who the
fight is between now. >> four years ago, you not only endorsed me, he was conservative. >> you're sbientitled to your opinions, but not to misrepresent the facts. you're misrepresenting the facts. you don't know what you're talking about. >> a month ago the folks at intrade had romney at a near lock for the presidential nomination. he's dropped down to 77% probability. still leaps and bounds ahead of anybody else. the number of folks who believe santorum will get the nomination has gone up, but still it is an underwhelming 8% probability when it comes to folks voting with their dollars. since no political event is actually official, it hasn't even occurred as far as we're kshed, until the dr show mega panel weighs in. we flew them out to ohio state university to see what they have
to say about last night's dialogue. we're here with karen finney, susan del percio, and james williams. before we get to the debate, jimmy, i see that you are not to be one upped by imogen lloyd webber with her uk act. >> i love imogen but she has nothing. the kentucky wildcats has nothing on the ohio state buckeyes. this is a good town, man. this is a good town. >> again, it's interesting to watch all this. it plays into a lot of what we talk about all the time, which is the debate america deserves. we're on a 30 million jobs tour asking why we are not debating these issues of tax reform, trade reform. they don't have any interest in this. they have an interest in whether you believe in birth control or
not. what happens if you don't believe in birth control? does that mean it doesn't work? >> you get pregnant. so those men on that stage could get pregnant. >> so then they would believe in birth control. >> so if men could get pregnant, we would be talking about the tax code and jobs. >> nukes in iran, jobs, we'd be talking about tax reform. >> you also have the press, which is constantly pushing this. who brings it up all the time? >> if i think it's in the interest of politicians and the press to focus on wedge issues because it's better for ratings and better for power, the loser is america. the winner is the press and the politicia politicians. >> but what happened last night?
santorum for weeks has been campaigning as the social values candidate. talking about satan and all these other things. . >> that's not what he's been talking about. >> yes, he has. i have said these things for weeks. now that you're the front runner -- >> he's going out with an economic message. because of the things he's said in the past because now he's under the microscope. >> he said it on the campaign trail. >> he's not always making it his top priority. you'll hear many speeches. >> he positioned himself as a social values candidate. >> as an identity. >> it's not an unfair question. it was a viewer question to say so where are you on birth control? it's based on a lot of things that have been going on at the state level. none of those men have the courage to answer the question. >> as you know, jimmy, when solving any problem, you have to have proportions.
you have to say what is the proportional issue we're dealing with and what are the minor issues? it seems all sense of proportionality is lost. >> we're on a 30 million jobs tour. right? last night in that debate, the word jobs was uttered six times. by four men. over an hour and a half period. six times. if the number one problem in the country is people don't have job, what's the unemployment rate in ohio? i don't know, but i bet it's pretty damn high. and they said "jobs" six times? your uterus has nothing to do with jobs. can they talk about jobs as opposed to your uterus? >> talk about our infrastructure. whatever you got. >> that's why barack obama's ratings have gone up close over 60. he's the only one talking about the issues. these republican candidates, the fact is this is what they end up
talking about. >> something else was happening last night. the four yahoos were sitting in arizona, talking about hate. a lot of hate. the president of the united states was signing another tax cut into law. whether one agrees with it or not, he was signing another tax cut into law. >> the president whether it's bank reform, tax reform, et cetera is getting away with passing these very weak pieces of legislation because his political opponent who is supposed to be challenging him to make it stronger is off the reservation talking about birth control as opposed to challenging him. >> they can't get their act together long enough to decide what to agree on. >> and if you don't have the challenge, you can't up the ante. >> i don't want to give them a free pass either. the democrats have been remarkably comply sit in parking
milk dud legislation. >> but in part because they believe that's what they could get passed. let's be honest. hold on. so much of the focus in congress has been about fighting each other that we haven't had, okay, if we have a shared value to create jobs, let's figure out the one thing we agree on and get that done. no. >> i don't agree with that. i think it's hard when you have republicans in congress. >> it's hard when you run the house and senate. >> they had it for three months. >> that was their priority. >> you had to have the senate leader to tell the house leader to get his act together. >> the conversation continues n online in our minds. coming up, the u.s. military going green and we're not talking about the fatigues they
wear. how our returning veterans are at the leading edge of using american innovation, american discipline, american culture to create jobs and end our dependence on foreign oil. the 30 million jobs tour college edition live at ohio state. by the way, this one of the top rotc schools in the nation. ok! who gets occasional constipation,
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who are focused on energy. >> well, that was this afternoon. the president also at a university talking about experimentation and the need for american energy independence, or if you will, emergency security. in our minds, the perfect group to lead that charge in our country? the military. who have spent decades securing our nation's and the world's oil supply and have a skill set, a mission-based culture and a discipline to deal with dangerous work that very few organizations do. the ohio state university home to one of the largest rotc programs, which year after year trains the reserves that we all depend on to power our military. >> i chose rotc mostly for paying for the education. i'm from ohio state, but you're going to have to find a way to pay for it. >> our next guest, a west point graduate himself, a 26-year army vet whose newest mission is american energy security.
his goal? spotlight alternatives and put veterans as they return from wars to work. we're join ed by dan no lal, founder of sabo 6. it's a pleasure to have you here. whether it's jobs, 30 million of them is what we need, or the environment, the answer is the same. what do you mean? >> it doesn't matter what your reason to be at the tanl is. it's about energy security. it's going to great a job that helps the economy. it's a national security issue because we're dependent upon a commodity we don't control. it's also about the tactical risks to our soldiers in foreign locations after they have to transport the fuel necessary. >> talk about that. people don't think about that. you call it the fully-burdened cost of fuel. this is a concept that the department of defense developed to take into account all of the aspects of fuel. not just the purchase of it, but
all of the costs associations. how much does it cost to train the black hawk pilot. how much for the armored vehicle. they found in afghanistan that that fully-burdened cost of fuel is $20 to $30. it's also about the cost of blood. how much are we willing to accept in danger to our america's sons and daughters in order to use our fuel. >> so tell us what it is you're doing. >> well, what we do is i'm helping customers right now understand what the department of defense is doing in the clean energy economy. right now, the air force is spending $100 million the next few years to increase the energy efficiency of their bases. the army is looking for private investments of $7.1 billion to build renewable energy systems instead their guards to give them increased energy security.
so i try to help the companies see where those opportunities are. >> it's interesting. people don't necessarily think about the military as one of the largest fuel consumers. in addition to being a fuel protecter, there's a lot of fuel burns. the defense department knows that and knows one of the risks is the energy independent of our actual bases and operations themselves. is that right? >> the department of defense is the number one energy user in the kocountry. they only con sused 1%, but they are the single biggest market movers. they buy 300,000 barrels of oil a day. so that's the levels of consumptions they are seeing. in the long wars, you have to be cognizant of that effect on your operations. >> when we were in austin, texatexa texas, two weeks ago. we had john hofmeister who is working on creating energy independence. we met liz perez, who was an
officer in the navy, who is running a business in san diego to this effect. what are your thoughts on the scalability of a defense energy project where we take american energy executives and american energy investors and partner them with veterans like yourself and so many others. we have millions returning over the next couple years to seize this next mission. >> not only are veterans returning, but the armed forces are going to scale down in the next few years. we'll have men and women power pool out there to draw from. these are disciplined, capable people. as the department of defense expands their use of renewable energy, they want to use 25% from renewable sources. this is not government dollars involved. if we can match up the business
interest, what the government needs to do for security, and this enormously capable workforce, we'll be the country that leads the world into the next century. >> which clearly, should be our goal. >> absolutely. we were the country that ele electrified the world in the last half of the century. we computerized it. why shouldn't we lead it it into the next half with clean energy? >> you mentioned right before we came on the air. he compared the need to get out of oil to the world's need to get off salt, which used to be the resource for power. i said we have energy independence. that's great. you said it's not great. we need to shatter the world's dependence and not just america's. will you explain that? >> war used to be fought over salt. now it's over oil. even if america became dependent, we would have to defend the straits of hormuz so our markets in china and japan
could still get their oil. so they have an alternative until they are off it as well. >> quite a mission. >> absolutely. >> perfect for our veterans, wouldn't you say? >> we are the ones that can do this. >> i fully believe that. mr. nolan, thank you very much for your time. appreciate it. dan nolan, thank you. coming up, another greedy bastards reading by sir william of vanderbilt. we are live at the ohio state university campus as the 30 million jobs tour college edition rolls on. ♪
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again. yesterday he may have wasted four years of his parent's cash at vanderbilt, but between his success at "morning joe" and his extraordinary reading skills, i might add, he's putting all that in the rear view mirror. back for another dramatic reading of our best-selling book, here's sir william of vanderbilt. >> today's vampire industries too have a dark magic. an unholy alliance of government based not just on the money they can contribute to political campaigns and spend on lobbying, but on their ability to hi hypnotize us with prices we're aware of paying is only the first cost we have to bare and there's a second hidden cost that is far higher. i call this the very bad deal
hypothesis, and it goes like this. first, a greedy bastard offers us a local price on something we want or need. we accept the deal, but there's a catch. along with this thing we want, we have to accept a tiny chance that something terrible will happen. here's when it becomes a very bad deal. even though on any given day, there's a tiny chance that the bad thing will occur in the long run, the terrible thing is certain. it's as if we're offered a delicious candy bar. usually expensive at a low price. the catch of what makes it possible is somewhere in each candy bar is a rock hard enough to break your teeth. you can't see the rock. there's no way to figure out where it is. any given bite of that candy bar
is tasty and sweet. but every bite increases the chance that you will bite down on the rock. by the time you finish, you surely will hit that rock, and the greedy bastards will take little or no responsibility for the harm you suffer. >> of course, there's plenty more where that came from in "greedy bastards." check it out if you haven't. today we had an incredible time meeting with the folks here in columbus at the book loft. as we voyage on to chicago, road tripping our way as the planes have been cancelled and we'll drive into the snow. we are brave and ready. we're on our way to 57th street books tomorrow. 11:30 a.m. local time in the windy city. we'd love to meet up with you tomorrow from the university of chicago.
all the information is on our website. up next here at ohio state, setting the record straight on the next generation. a notre dame student tells us what my len y'alls are worried about and what they plan to do about it. here at the ohio state university. welcome. let me tell you about a very important phone call i made.
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think of millenniums? they are some of the stereotypes that we have associated with that. especially in an election year where dealing with their issues is not convenient. our young gun today, connor tuhill says the misconceptions come from not understanding the challenges that face this generation. he himself is a sophomore at notre dame. nice to see you. i understand you met matt miller. that's kind of a weird experience. >> i was also on andrea mitchell without andrea mitchell. >> who are these people? talk to me about these misconceptions. the type of misconceptions or conceptions that i offered up,
which are terrible indictments exist? >> absolutely. i hear them all the time. lazy, arrogant, entitle d. absolutely. that's the one i have been hearing a lot lately. so there's this idea out there that essentially what they are looking for is handouts and solutions to our problems. all we want is gimmie. that comes from how we're looking at the future of our country. we have to think of this context. we have grown up in one of the the worst job markets in recent memory. the survey last week showed 54% of 18 to 24-year-olds are currently employed. that's the lowest percentage since they started tracking this stuff. it's going to be natural we're going to be concerned. but also given our orientation and our framework, we'll be more forward looking and more concerned about the future. concerned about the big problems we face. >> and what is it that you think
that they bring to the table when it comes to the culture of problem solving and solution seeking that is not being reflected by the power base? at least as it's modelled in our federal government right now. >> i think there's all sorts of things. we were talking about a more open generation. a collaborative generation. where the generation that grew up on google. another thing that's important is we're also a more pragmatic generation. so when we see the dysfunction in washington that we're seeing right now, we think that's not as good as it should be, obviously. we think we need to overcome that and get to real solutions. >> the distinguishing characteristic is how? and i say this a lot, but how is the answer. there's a how that's modelled in the problem solving of my len y'alls that's very valuable for the rest of our society that goes to a culture of intense transparency and visibility with one another. a high degree of integrity and
choice with one another because of that. it's core values in mind. give me a sense of what your congress would look like, not virtue of the policies, but how would they relate together? >> here's the most critical thing. our congress would know each other. there's also this talk in d.c. about how members of congress used to be friends, and now sometimes they have never even met or sat down to have a conversation. that wouldn't be the case with our congress. >> that's an important point. why is that so significant as a how for your congress versus the current congress? >> i think it's really a critical starting point, dylan. if you don't know each other and understand where people are coming from, if you have never had serious conversations, how are you going to address the
serious problems we face. this is one of the things we have seen in washington. a real misunderstanding between the two sides about what the other one intends or believes. if you start by sitting down and getting to know each other, that would be a great first step. we're not in any way advocating we throw everybody out. >> i'm not suggesting that. i'm saying there's a culture that is being exhibited that i believe america can learn a tremendous amount from that has nothing to do with who, what, where, when, and why, but has everything to do with the culture of how. what strikes me is you say we would know each other. there's a meaningful thing. what that suggests is that you recognize the only currency we have to work anything out is our ability to trust each other. we can't trust each other, the trust is the currency for the 21st century. if we don't trust each other, we can't sofl any problems. >> and you talk about learning those lessons. that's going to be particularly important over the next year.
young voters are going to play a critical role in 2012. you have all these policy items that are going to affect us immensely. the obama campaign just this week is kicking off a series of student summits. i think the krcritical thing to recognize here is engaging young voters is not going to be easy. it's been a rough couple years. there's nothing original in 2008. and a lot of people have lost faith in the political process itself. what we're going to need to see is not just someone pretending they care or giving speeches, which is important. but we need to know they care. but we also need a lot of vision from them. we need to see courage in tackling the big problems we face so we're not saddled with all of them 30 years down the road. >> how disheartening is it that we have the ability to see so clearly between the words of any politician and their actions in a way we didn't have 20 or 30 years ago? >> i mean, i suppose it's
disheartening. it's also valuable. >> both of those, it's irritating but it's a best asset. >> it's also part of the value of it comes when we can notice that, we can move beyond it and elect people who will be authentic. ron paul has gotten a large following from young voters because you can stick to what he believes. he will say the same thing tomorrow as he did today. >> why is trust the central currency for your generation? why has that become -- that's an absurd question. what the heck happened to trust in the first place? that's a better question. >> part of it is we have grown up in chaotic times. we are a generation that grew up in the aftermath of 9/11. we have been at war our whole
lives. when you're growing up in that environment, all you have is the other people around you. you have to be able to trust them and learn to work with them. and i think that's a lesson we could really take throughout our country now. >> it's an interesting dynamic when you look not at the political change in washington, but the ability that your generation has to unleash change in your own communities. >> right. >> can you talk away from washington? >> i think you always talk about your experiment. there's all sorts of different ones. what we're trying to do is create a national platform for the priorities of our generation. vault them into the conversation. through that, try to influence it to move towards the big issu issues. people are doing all sorts of different stuff, but hopefully together in the big picture, they will be a big difference. >> thank you for making the trip out. congrats on your experiment. that's fantastic. do the buckeyes agree? what's their experiment? we'll ask the students gathered
here at the union and also what is your experiment,my friends, to change america for the better? the students are ready to have their say. brutus is on hand. not to mention the university president. ok! who gets occasional constipation, diarrhea, gas or bloating? get ahead of it! one phillips' colon health probiotic cap a day helps defend against digestive issues with three strains of good bacteria. hit me! [ female announcer ] live the regular life. phillips'. but last year my daughter was checking up on me. i wasn't eating well. she's a dietitian, and she suggested i try boost complete nutritional drink to help get the nutrition i was missing. now i drink it every day and i love the great taste. [ female announcer ] boost has 26 essential vitamins and minerals, including calcium and vitamin d to help keep bones strong and 10 grams of protein to help maintain muscle. and our great taste is guaranteed or your money back.
you know, there you go. it is what it is. your name is mark. >> yes. >> katherine. brian. thank you for chatting with me a second. before we get into solving the world's problems, give us a sense what's your major and your year and plan. >> i'm a senior majoring in medical laboratory science. i'm looking to go into health care fundraising. >> i'm a senior studying international relations. i'm look iing to go into international development research. >> you're going to solve the middle east. >> hopefully. >> somebody has to do that. we're looking for somebody. >> i'm a graduating fourth year in the school of business. i will be working for pwc in new york. >> congratulations. my whole thing is every problem is a job. we have a lot of problems, which means there should be a lot of jobs. the middle east is self-explanatory. it's the world's largest problem until you showed up. medicine and investment are two of the other critical components not functioning in this country.
what's your dream? what's your mission? why do you want to get into this? what would your experiment be? >> i would be the person to raise the dollar that cures cancer. i would love to be that guy. i think we can get there. >> they can cure anything. they just don't want to. i'm kidding you. but you believe your generation will be the generation to cure ka cancer. >> absolutely. if if it doesn't happen here at ohio state, it's going to happen soon. >> as long as it's not michigan, it's all good. >> let's talk about the middle east. i'm going to get you a job right here. what is the appeal to you when you look at international relations? >> i have had a fascination with other cultures. the root of our problems is our international understanding is that we don't understand other cultures. if more people understood what was going on around the world, and the people behind the issues
and the culture, there would be greater knowledge and understanding. >> isn't it funny when you figure out we're just a bunch of people. we're just a bunch of human beings. and you're going to be the one who brings back the nobility to american investment culture so we can actually drive our incentive into investment and development and the rest of that. give me your sense of sortd of how you want to start that process. >> yeah. i think we saw in 2008 how important confidence was in the markets. hopefully getting into the assurance in our financial services company will restore some of that confidence in the markets. >> so you're going to audit them? >> it's not the sexiest thing in the world. >> it is the sexiest thing in the world. they just don't want you to do it. you'll have to bring brutus. you're going to be good. everybody loves him. >> definitely. >> where's the president of the university? he's here