some about the election carolyn so good it's been fifteen years since we did that other program i know i know and i've gone from the city council to congress you sure everyone is so joyful so many people voted the celebrations from across the country i was with the new york delegation in the state committee down at the sheraton on election night and everyone was just just just overwhelmed with jelly i kind of thought you were probably pleased with the outcome i think all democrats the program of course is carolyn maloney congressperson when first we did a program she was on the city council some years ago and she's become in representing manhattan and good parts of queens in the congress and is becoming a very prominent member of th congress and needs no introduction i would think would support the district so welcome carolyn officially to this and we were talking about the election that we're just two days out from and how encouraging it was a major major transformation we still don't know how things are going to be in the senate do we there's four contested seats up there four contestants seat but we have fifty nine just one shy of four to me we have fifty nine now i believe side with but the ones that we picked up huge gains in the house yeah huge gains in the senate and most importantly a new democratic president with a new direction you know one that will get us out of iraq and one that will focus on our economy and creating jobs here at home giving subsidies to biz businesses that go overseas but subsidies to businesses that create jobs here in america and i think we certainly need to to put restore confidence in the american markets we seem to be stabilizing them but the economy we're when we go back for the lame duck session we'll be looking at a stimulus package a lot of it will depend on what the senate and president bush will sign to their large support for another stimulus package most economists think we'll have deflation if we don't yet understand this and now we seem to have stabilized our markets we're still working to get credit out to the people but but prices are falling unemployment is going up you know and a stimulus would put people back to work put money back into the economy and and keep us going forward we are talking about investing strongly in infrastructure and also into human capital with state legislatures and governments some many of them have huge shortfalls so to keep them from having to lay people off also an infusion for medicaid medicaid of course would end up putting more money in and to our hospitals employing doctors and nurses and and cleaners and receptionists and all the people that are involved in our health care industry and i never knew this how about we thought our number one employer was the financial service industry but it's not the number one employer in our in our state is health care services  yeah having infusion into health care services would help with the employment numbers in new york state right now and follow it in and yeah that would be and and then in the midst of the campaign we had this incredible did it come out of left field you're in a very position  his report in that whole thing about the three page that he submitted to the congress wanted it and acted within a week and so what and the crisis that came did that come as a surprise to you that things were in such a pretty fix that they had to take these extraordinary measures with their stearns almost failed yeah and was in a forced marriage that was an indicator that the bernanke responded in many ways as quickly as he could by opening up the fed window by lowering the fed funds rate but there were just a limited amount of arrows in his arsenal you know and you really had to go to congress for this unprecedented power and unprecedented support paulson originally asked for money to go into what we are calling toxic assets these assets that people really do not know the value of them the swaps the derivative s many of them were off the exchanges and to buy up this toxic material and and it seemed like you were rewarding the managements that made bad decisions decisions in that way to a lot of the populous and so many of us where we're  that we get preferred stock so that the taxpayers would have an interest in the firms so when there was an upswing they could be paid back and that's that was very very important so pushing for the preferred stock was a an important  movement especially if the problem is maintaining our financial system and having our financial system work yeah it's kind of an important issue yet it has to work and they and something had to be done and yeah they were saying we were as close to pre hundred thirty as ever before yeah a real deflationary depression could have been looming if the credit got all mixed up and they seem to have been able to address that now well they are and and about banks family yes sure and what we did is we  put in a fusion of capital into to our financial markets and to our banks to stabilize them and to try to get credit flowing so the economy did not close and fall and closed down now he came with three pages and we one hundred seven oh yeah but i very rarely have i need to me comes along with a three page thing the once an actor within about a week and it would turn totally transform representative total in a certain sense transformation of economic order not a small matter and you got to get it through there within a week it was really dramatic it we were there i was there yeah it was very dramatic and we rewrote it and put the protections in for taxpayers right we had oversight  transparency that any transit transaction within twenty four hours would be put on the on the internet to so that people could see what was happening we had an i g we had a board of set made up of members of congress in the senate to to senate is that the way they did it failed period and ok we came back and passed it and passed in the senate the president signed it quickly yeah got through in a very short order because somebody said you don't want to ever watch people making sausage or legislation but it got done and it's an amazing transformative moment in terms of the economy you started swaps and derivatives and so forth a lot of people don't understand that even people within some financial knowledge and so forth but that's  did a program that aired the day before you and i are taping today with the executive director then of the international swaps and derivatives association and the derivatives are a way of doing thing was risk within a banking contract or something to do with currency fluctuations you can get some assurance against risk within the economic order and the swaps are and you're familiar with that and they and they got a bad name in the name in the minds of many people who were feeling great pressure because there was this tremendous failure seemingly of the economic system where today they're not and they're not regulated they're not on the exchanges ok problems is people do not know what they're worth and they hedge funds  time sometimes they were leveraged as high as one to sixty six and the investment banks were leveraged roughly thirty three to one and the regular commercial banks were one to twelve so we certainly have to look at the risk assessment and the leverage we certainly have to have transparency in brute bring these products onto the exchange that people know what they are as warren buffett says i don't buy anything i don't understand we have this right why people were buying these complicated risky be sued for malpractise because it was a measure of giving some sort of like an insurance or some sort of a dealing with risk and the banking and the care credit industry and everything has to deal with the various levels of risk all the way from t v bills or government securities are very secure all the way up to venture so there's a various levels of risk and there we don't apparently have a system that can deal with those in a way we might begin with this the security thing which is a very good good part of our society rock solid in terms of our you know i place tyrell that the republicans didn't succeed in in privatizing it right and so that was one good thing the democrats were able to do before this this election was to keep to keep the administration from privatizing social security and can you imagine on top of the financial crisis that we have now if you had privatized social security and many people would obviously have lost everything the system would have been ruined like they have really put many much a great deal of pressure on the financial system but i truly do want to talk to you about my book it's called a rumor is the progress of our progress our greatly why women's lives are not getting any easier and i wrote this during the bush administration days well while they were literally rolling back many of the progress that we've made for women children and families with the passage of of title seven and title mine just to mention title nine which is equality of treatment in the work force and equality of treatment in education and in sports the administration tried to roll back title nine or sports first on the floor of congress and they failed and then they went to the courts and they mailed and then they did an executive water and this executive order said that they could they could send out a questionnaire to women at the colleges and universities and if they failed to fill out the questionnaire then they could legitimately cut back sports that's one of the examples of how they have rolled it back where it's title nine so very important to me i had two daughters that are  athletic and my husband said to me he said how did they become so athletic because you were good at sports and i wasn't good at sports and my answer to him was how do you know i wasn't good at sports when i was in school there were no women's sports i went to public school and they were they were just no sports for women so title nine opened this these doors for women and gave them not only the opportunity to participate in sports but built their self confidence and help them get into colleges and perform in school and it's very important part of our life and to have it roll back with this executive order is very unfair and they've done that in a number of very certainly in health care we've tried to expand health care forty eight million passed a bill we called s chip that would give aid to states to provide health care to children that are not covered and it is mystifying to me that president bush vetoed this bill twice there was  about that holy years in a very real sense i think there are a lot of people who are very fundamentalist market fundamentalists friedman nights i don't know new york and i don't know they'd like to just bring back the good old days and there are some people saying well everything's been followed up hundred twenty when we gave the women the vote why don't we take the world away from the women we go back there some people were saying or you could go back and why don't we do you know we used to have chattel slavery those are the good old days but i don't think it was serving very well in a progressive where what the country needs we need a really major change i noted in the election returns and so forth the the exit polling data and everything the overriding issue in this election as it happened to couple days ago was the economy and that's what people are focusing on more than iraq or on any other issues it's the g d p has fallen and the consumer over a third of the g d p is consumer participation that has fallen the g d p overall has fall unemployment is up it's over six point one will probably go up to seven percent it's a huge huge challenge at this point and that somebody's going to be everybody you're going to be concentrating on that down there again not to get away from these issues testified before congress and helped pass a bill that has put fifty thousand rapists and by processing the backlog of d n a yeah the island says directive is got to be addressed right exactly and yeah when i when i went to congress in ninety two ok we passed the family medical leave act which was very exciting to me but i was i was afraid i'd be fired when i had my first child and i called the personnel office and they said to me leave women just leave we expect you to leave and i said well i want to stay and many people face the same type of challenges that i did so passing the family medical leave act so that you didn't have to choose between your job and and your and your child it was a huge movement forward but we really haven't passed another bill to balance work and family for fifteen years we should have that should absolutely and child care and i have a lot yes right and i did a study showed i wanted to look at what this economic downturn meant to women ok and we've struggled as you know for many years to get equal pay for equal work one of my studies showed that for twenty years we haven't changed the pay gap external seventy seven cents to the dollar woman that looked at ten categories seventy four percent of the women in the in the workforce and and it showed that in every one of the categories when they got to management the discrimination was greater and they fell and i don't think anything illustrates  better than the lowly led better decision where this i'm not familiar with as the supreme court held that if a woman brought a suit well it's better to explain it through the story lilly ledbetter worked for a tire company and one of her colleagues centerin that showed her that she had been paid a third less than all of the other managers and she brought suit and that one at the lower level that it went to the supreme court and the supreme court in the twenty first century said if she didn't file a suit within the first six months of the discrimination then she couldn't file a suit so agreed kept it happed the ability of a woman within sixty two to negotiate and to so outraged she stood up when she read her decision and said that the congress should do something about this we passed a bill that lifted the cap that said you could bring suit at any time if you were discriminated against it went to the senate and in the twenty first century failed no so it's what do you say what does it say about the political it's astonishing really and this particular issue where did the opposition come from there opposition to the effort that you were trying to advance within the congress or within the court with all that that's it there is opposition to treating women equally  i guess supporting and supporting businesses ability to discriminate in pay if you can pay a woman a third less than the man you can save a lot of money and if women can't bring in the suit yeah then you're it was a total giveaway to  business private business that no one could basically bring a suit because no one knows what anyone else is being run like one of our and sixty percent of the employees are female and they literally they they have a policy that you can't share what your pay is and  under the supreme court decision she would not have been able to bring suit so discrimination is not a technicality discrimination shouldn't be capped that's what they did another important point is showed how important this amazing you know see a lot of people that know that the i don't know yeah book is filled with stories like yeah ok you know and what it is is a pattern can be cleaned out of all that and there is that we've come a long way made a jest about nineteen twenty didn't get the vote they didn't get the vote in switzerland until nine seventy i believe women could not vote in the country of sorts of the nine hundred seventy so there's a backlog of outdated thinking that we're coming out of like we had chattel slavery at one time that was a fugitive slave law and so we've come a long way with there's progress being made but there are people who are going to backslide to those old stories that are coming out of history of a time gone by and that's what causes and off political capability to do such retroactive strategies you can put in place and one of the studies that i did showed that i wanted to see how women had had fared in this economic down turn and although we've worked very hard for you quality in pay and and quality of opportunity in jobs the area we've achieved equality isn't job loss they're firing women as fast as they are men let you share the laws but not there you know that all these stories that women want to stay home to be with their children it's not it's a myth most men and women have to work for their families and the study showed that the only families that were making progress were the ones that both the male and the female worked that the woman is a third of the of the income for most american families and so that's why it's so important that we have work balance policies that allow a woman to balance her work and it merely says that an employee can go to their supervisor and talk about flex time and try to work it out and not be fired there is no requirement that they must come forward with flex time but if they say no they have to give their reasons i talk in the book about one of my constituents harold who they don't they don't talk about doing flex time for men well both but but the truth the emphasis is upon flex time for f support for the birth of a child paid leave we don't have it everybody else does and i really want to see what barack obama is going to do about cedaw it's the comprehensive treaty on empowerment of women  hundred eighty five countries have ratified cedaw the united states is there with seven other countries which include the sudan and iran and a few others there's absolutely no reason why we can't s are johnny on the spot as it were you could tell us what does it mean that we've made this very large election decision here and you know it's very very important time we've been working for years on on health care and we'll have a that mean i'm sorry i don't understand i mean do you get any kids what is being a cases of rape you do a swab right it can lead to a conviction yes sure and it was called the most important anti rape legislation ever to pass the house of representatives ok's estimated to put fifty thousand rapist in jail oh good yeah ok and with d n a evidence yeah d n a evidence is an important source of justice is it not and it's something emerging out of science is in the jewish law and they have a maternal they could figure it through your jewish born mother through your mother because you know for sure your mother is but increasingly we're getting to where you can know your your mommy and your daddy both are through the d n a absolute that's something we used by women in order for instances where you know they can prove that or that issue and you know that that's something that's leveling the field in a way that's very important being able to lead toward justice right right right yeah so how are you liking washington oh it's so exciting it's such a challenge and we're going to be due to be able to do even more to help you know so i mean it's very exciting we're obviously going to be focusing a great deal on the financial crisis and we're going to be focusing on bringing systemic regulation to prevent abuses in the future and moving these derivatives and exotic products back on the exchanges where the value can be established should that risk to be sure that risk or should there be i mentioned to you before kelso somebody i like we met at a conference with him and somebody outside the envelope of a lot of people's thinking but he thought we should have something within the federal system called a capital diffusion reinsurance corporation something that could be a reassuring federal agency that would be able to backstop as their war vastly expanded insurance industry against loss that could be written into feasibility in corporate banking so because it's all about it's all about dealing with risk in the economic order and we're going to be doing that fannie mae freddie mac are now back stopped or bought the preferred shares to keep them from crashing so that our and we had to do it yet our economic system would not crash we cannot have that happen when they become healthy you know i'd like them to return to the private sector yeah and  swaps that they sold and these risky products brought down the whole system and it might be better that if you want to have a highly leveraged and take huge risk then do it over in a different category but don't have it part of the of the core business could you share with me how secure are we let's begin at the beginning in a certain sense for the citizenry in terms of people orders fronts ability for the economy we have a thing called social security got started in one nine hundred thirty five there's been dealing with that people have paid into that it is a trust fund those assets are not put under a mattress some more they are in the portfolio writ large of the whole national economy very secure maybe the most secure securities there are with the full faith and credit of the united states behind more secure than t bills or something it am i correct that's correct it's very secure this all security trust debt it's incredible under george bush the amount of debt doubled from five trillion to over ten trillion dollars every american citizen of roughly thirty three thousand dollars he gave us a series of records only they were the wrong kinds of records that we have record deficit record debts record trade deficit his tenure at the helm of the economy has been a complete disaster i couldn't agree with you more we have and i tell you one of the most secure infrastructure some things are secure then it goes all the way up the level of risk and this is what the bankers have to deal with or that or the industry and it goes up right into a venture to where there's a very high gain very high risk things fail most of them fail so it's not all a big high venture thing so security is very secure how up the risk the level of the economy can we go with a system that brings such security to that that it can it can be then related to the mass citizenry who aren't involved in trading or aren't involved in a wall street crapshoot kind of attitude toward the economy but a secure it's good to know that the slow security system is perhaps the most effective system ever put in place in terms of equity in the economy for people and that we could build on that and make it even include more people and in more effort and what do we need in order to get a system that would be able to include asset or relating the citizenry in a way that is secure by the very nature of the system as so security is is that one of the things that's going to be wrestle with because that's what the banking industry has been and the whole financial industry has been dealing with is the levels of risk in the economic order what role does the united states government have to try to set up a systems in the view of the in the interest of the people the masses of the people in all layers that well they're talking about and are we going to be dealing with that now that we've been hit upside the head with a two by four like a mule down arc and so we are the doubters only if things are up for grabs in a balance balanced oversight we certainly need transparency many people do not even know what the risk is they don't even know what the products are right they were thought to the right and they got they got they were dealing with mystical things almost they got to be way out of hand didn't and i think we should get back to the core purpose of banking and if someone wants to get into mystical thing you know put it off on the on the side but don't make it part of the core purpose of banking write write and read and so the government  agency you'll be involved there will be in both the house and the senate and there's going to be a great deal of attention that probably is starting next week or something even before the election because i mean before the inauguration because that's the major issue that the american people are concerned with in terms of all the interest all the issues we are concerned with apparently in this election and beyond is let's get the economy straight something has happened we have to change things perhaps in a major way and is that the sense that you see in congress or the people used to mingle with i think there's a big pattern they're looking for a big pattern addressing of the economic order well absolutely ok to have to have government applauded but we are working in a crisis situation they were mismanaged and really we the credit rating agencies were rating everything is triple a when we find out that it was not any cases no one wants to buy it it's worthless right so so the whole system needs to be needs to be reviewed and has to become transparent and it has to have sensible regulation that looks at systemic causes imbalance and risk in our in our in our financial system do you think it's time for there to be a major look at it at a pattern level or a maybe even an economic and the chicago school and market fundamentalism there's a lot of fundamentalism in the world and then there are others are we going to try and learn something from mr cain who used to inform us and turn are we off but is it just a matter of some people run the capital markets but he found out he said he was wrong that he was shocked yeah that they were not thinking about their shareholders and not thinking about the overall american economy right great deal of discussion within intellectual circles or in academic circles or be hearings in congress to try to get the facts straight as joe friday used to say what are dragnet do you get the facts do we have the facts right do we have the facts right or is there a fact finding yet to be done at the level of what went wrong or what caused it at a systemic level rather than trying to find the bad guys or something along  to try to find the bad guys and they are going to find out what the systemic risk was and they're going to try to take steps to correct it we have been out for a period of time for the election yet during that time i've been in washington practically every single day really hearings on the economy really next week we have future hearings on the economy so we're going to be working very very hard everybody's going to be rolling up their their their shirts and you know having a very sharp pencil to and attack this problem said so so obama see it as so that's been on the the daily agenda of the people in the congress or at least in your position you're particularly is there a particular committee that is looking at that in any particular what's the reality of how the congressional membership collectively is going to address this and how are they going to try and get the best information and what procedure is it is it a particular committee that has focus on that the committee with jurisdiction in the financial institutions committee chaired by chairman frank ok it is drafting legislation is holding oversight hearings and is working very hard on it you know are you involved with that i'm on that committee you are how many ever are there on the committee if i may roughly eighty people that's a pretty heavy yeah that's right and  do you see some sort of change that we're likely to see let's say before the inauguration that sort of thing are there any changes coming i hear there's talk about missed from mrs pelosi about a stimulus package again might be voted through in order to get some demand into the economy at the individual level do you see that is something that's likely to come quickly yes i do i think that we will have a stimulus package but we will have to get the support of the present president and the support of the senate right before we broke we were asked a sixty billion dollars stimulus package really it had a monies for infrastructure for state governments  for medicaid to help the hospital secular and to protect jobs and keep the economy moving and it also had unemployment extensions good for many people you know are out of work now mortgage and that was basically what the stimulus package was any dealing with their mortgage problems and so even as their hope bill a separate bill a separate bill that had not only moneys for for workouts for mortgages but had instructed the treasury to to come up with a plan for one mortgage workouts to try to help people stay in their homes we are planning to go back into session roughly november eighteenth ok and on november eighteenth there will be another stimulus package many economists are saying that the stimulus package should be three hundred and fifty billion dollars as a minimum most are saying four hundred and fifty really billion dollars that much yes how we can and should come now in order to keep the economy moving forward yes yeah after after president elect obama is  installed and yeah after his inauguration then you would have a president who will cooperate with you now we are very dependent on what the senate and what president bush will do let me ask you and the president why who held it up in the senate do you think well we don't have a sixty vote majority that knee down hard lines oh yes yes we asked our an original stimulus that had rebate checks  that went to individuals that went individually and they are thinking that it did not stimulate the economy that much because everybody's in debt so much they used it to pay off their credit cards they used to pay their mortgages they didn't buy food or go to the doctor or put that money directly right in their turning with the economy i and that went to individuals they're not they're not contemplating another one the one that you said you passed and there you put in the house was an individual stimulus thing where there would be rebates to the citizens it didn't it was not it was infrastructure and those kind of things and he's going to veto that there's not going to be another stimulus package that goes to the individuals in order to get a demand that's not in the works now ok it's go be just for the infrastructure it's targeted to create jobs and help with the infrastructure for the twenty first century right to help state governments many governments are now coming to us with their problems  the health care system and to extend unemployment benefits to those who are most in need help me out a little bit none are staying the way washington works in the current situation there for one that was passed that it actually went into effect the checks went out and so forth mr nick mr and mr bush allowed to pass his veto power capability now you've got one that he was he said even for sixty thousand some are proposing thirty three hundred billion what's different about this one and that was done in an era in a moment of crisis mr paulson was convincing them that there was a crisis week ago he talked to look again right ok and it's bad but if there's a threat but not in the senate you don't get the ability to get past the senate much just to the president that is that correct if i got it correct that's right it did not pass  senate and ok what's the difference between the atmosphere within the overall governmental system between the first bill and the one that did not pass in the senate and at the president's level  may have been near the i don't know you get probably had an election in the middle you could ask president bush to speak for himself ok well i think that would be a little bit hard to do because i don't know if he understands it himself how do you feel  optimistic we're going to be able you're not you're you're you must be giving an awful lot of thought to it as everyone is there's been there have been people who've looked back to twenty nine and so forth said there's a real threat of a world wide and this is roiling the markets all over the much less after the inaugural separately after the inauguration we're going to be able to deal with this problem that has been has hit the whole country in the world in a very real sense between the eyes and a certain way of seeing things that we're going to we're going to wrestle this problem this economic problem and come out of it ok or do you sometimes wax pessimistic that things may really go so well i think we're going to get out of it we're going to work hard we're going to get out of it and one thing that you've raised is that we're part winda in many of the countries and they're trying to work together in a coordinated way because our economies are so intertwined absolutely they are it's all globalized now and you but you you can see  that we're not going to fall down some sort of something can go i do it would hurt too many people so we're working very very hard to keep our economy moving forward that's why we have come forward with this plan the economic rescue plan we know that that many forced marriages between yeah banks which took place to keep them solvent we have basically backstop to many institutions to the tune of a roughly a total of two trillion dollars staggering it's absolute that's what everett dirksen would have called real money it's called real money and yeah getting me so concerned i think i should just go back to my office in washington go to work on it but on my playing going to act you could read the book yeah is that our progress are greatly exaggerated by women's lives and not getting any easier you know and what you can do to make a difference in your life and in others lives yeah absolutely want to learn know that it's just out now in the bookstores and it's an amazon you can order it on amazon and at the end of each chapter it has a how to guide of things you can do to write other people ok that's a big issue and it's there it's on amazon and how long has it been out again you told me i forgot it came out at the end of may how long do you work on it i worked on it for three years three years a long time it was when mr bush was in power and working very hard to roll things backwards and and yet the men and women cannot to can deduct the cost of childcare so i think that that is an important part that should be part because most men and women have to work we need to have childcare they should be able to deduct those expenses right well that would be and that that would that would be a pattern within the legislation that you're advancing to move toward a general just order there's a lot to be done along those those lines which committees are you on now i'm on government reform oversight oh well that's a big is that a big win yeah financial services which will be looking at this whole financial you know right and the joint economic committee ok also looking at these issues so you're really johnny on the issues i've seen and read a number of things and are you working was mr schumer in that so you're keeping in touch through your web site yes and people can be in touch with your take on these things right at the crucial times through their web site you very communicative i wonder if maybe you might want to think about becoming a producer manhattan neighborhood network and put on a program here well i could work with you have all the i think you're doing a great job i can support you well ok but there would be something you could do we have people doing good if you keep it out of cornier i this is an important democratic movement in terms of keeping like communications the d n a thing accountability and something for the people to be able to communicate is uniquely able to do through be done through this public access or they're just coming up to franchise now be good for you to be aware of that and it's open to anybody in manhattan to become a producer already yeah it's a unique system of communication in terms television work much of the people of the world get their information through television you have you have your website and you have a newsletter that you distribute and so what have you have you developed a communications capability within multimedia or television with your constituencies or the broader world or do you think about maybe thinking about doing that or have you thought about it well i maybe i'll start a program but it's a busy time and wash it's kind of busy right now but i do have a good side and my daughter has started not for profit called equality twenty twenty good and ok to pass the equal rights amendment and get it ratified into the thing and now what would have to buy twenty twenty right where you have to reintroduce it and yeah go out and get thirty eight states to ratify it very hard to change the constitution but when you're not in the constitution this is the twenty first century it's time to change that well if ever there's a hero or if there's ever a moment in history or something like that that calls for really floated a re brought up absolutely ok working for justice until it passes so much of my time in congress i feel like the little dutch girl going around and stopping the water of the problem from coming i think that to get that guaranteed in the constitution would be very important that would be something you know how did you read the book i haven't read it all because i was so busy watching i read a good deal and i read a lot of the promo that went with it and i'm all for it i think it's a really good idea i've been tell you the god's honest truth i've been terribly involved with this election that we just got one i think we all work and all my time at all my god my hair and i was a strong hillary supporter and yeah i think  that when you saw hillary earn eighteen million votes and so all the aspirations and hopes that women had yeah men for her and then to the same time you saw the hurdles that are still there for women to you saw the stereotyping the sexism the massaging the and many of the statements on the in the press and i thought to myself harold someone should write a book about that so you did the class rather than having gone so far and then having these hurdles that many women confront whether it's seventy seven cents to the dollar or opportunities so it's very very important and so i thought well someone should write a book someone already has it's called rumors of our progress or greatly exaggerated the author carolyn maloney but it's a great book and i hope you'll and all the proceeds are going to help other women's groups that are helping other good for you do and you did write it yourself you wasn't ghostwritten and it wasn't ghost written but i had some research i had a friend write it with me went a very good friend of mine right now working in a bank in researching and so we did it together did some research that kind of thing that kind of so that would be really that's really good is to be recommended let let me hold it up because it's better for the camera oh you got it you got it all right ok you've already worked the angles and being on television and the camera the book well plays and one and all of course i recommended in to pick it up because it is  hero that was the one thing that he became so totally in sense with the almost last they threw the countries when they voted down the oh really oh he was so upset to tears that they voted that down yeah yeah and he's a major source of influence a major source of inspiration to a lot of people as most good people are in terms of the progressive or the you know the justices through coming down from the mountain side it seems to me like mr obama is a transformative figure the situation in the congress is one that is improving and that we've got to get over to that period as we see you got difficulty with your media bill stimulus and i work but that it's hope that we're going to be able to get things moving in a really liberating way it seems that way to me i presume it does you you must be very encouraged by the encouraging a lot and i am thrilled i worked hard for hillary and then the new york delegation was one of the first two and a uniform the way i support senator  obama and i've been all over the country campaigning for him yeah and i've been down to florida and michigan and north carolina virginia and it was so thrilling to have such a such a mandate as you had in my time with him personally or come to know him well at a personal level and that kind of thing well when i was campaigning for him we were not campaigning together so you know the time that i spent with him was primarily in washington when run as a senator  and we have joint meetings of congress yeah we had several joint events that we did with the with the senate yeah one of my good friends melissa being from chicago is very good friends with him yeah and he was always  or her meetings and events and i good chance to meet him and and michelle and like many americans i'm i'm very excited about this new presidency i absolutely think people voted for hope they voted for change and he is a big challenge ahead of him he wants very much to work in a bipartisan way yeah certainly the stability of our financial markets the safety and soundness of our institutions is a bipartisan issue yeah advancing women's rights is