barbara g. fleischman.nd by our sole corporate sponsor, mutual of america, designing customized individual and group retirement products. that's why we're your retirement company. >> welcome. it's been six years this summer, believe it or not, but i'll bet you remember how disastrous the financial meltdown was in 2008, how scared we were and angry at the banking industry's blatant negligence, arrogance and greed. and remember all the guilty ceos who went to jail for their own doing? yeah, neither do i. but maybe you do remember our broadcast last week on which the nobel prize-winning economist joseph dignit compared how the government responded during the financial crash to the police molly coddling a drunk driver. >> what we did was analogous to we take the perpetrator, the guy who was the drunk driver, to the hospital, but we leave the guy that's been hit on the street. and then we say, oh, by the way, you don't have to pay for any damage that you've done. so, even after they pay back the government, the

barbara g. fleischman. and by our sole corporate sponsor, mutual of america, designing customized individual and group retirement products. that's why we're your retirement company. >> as fears grow of a widening war across the middle east, here in our shop we find ourselves talking about another war. the great war, or first world war, as it would come to be called, triggered 100 years ago this month when an assassin shot and killed austria's archduke ferdinand in sarajevo. through a series of tangled alliances and a cascade of misunderstandings and blunders, that single act of violence brought on a bloody catastrophe. more than 37 million people were killed or wounded. in america, if we remember at all, we think mostly about the battlefields and trenches of europe and tend to forget another front in that war, against the ottoman empire of the turks that dominated the middle east. a british army officer named t.e. lawrence became a hero in the arab world when he led nomadic bedouin tribes in battle against