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on the f-16 joy stick key from switching bombing targeting to air to air combat. so, this is what an aircraft might see in a dog fight, where it's going straight after other aircraft that's the enemy aircraft coming up on the left i fire -- and miss >> so, five missiles left. >> reporter: five missiles left. use them carefully >> all set. >> reporter: and when it's time to land the plane -- -- i just crashed. i just crashed the airplane into the ground well, it was a good ride while it lasted. training on the f-16s is set to begin next month retired royal air force commander greg bagwell believes they could be a game changer >> the real difference is the way we will teach them to fight it it's a bit like playing the flute and pick low simultaneously and using your hands to make the airplane do what you want it to do >> reporter: that's a big learning curve >> it is a big learning curve.
was. and we spent most of our time at the bottom of the ocean just groping in the dark, trying to find the titanic, and we did find it in the last 20 minutes we could have stayed down there. >> so when you get down there, tell me, it gets to pitch black, you don't really know where you're going, how did the thing move around? >> yes, the sub was very very simple, and i think that's a good thing. everyone has latched on to this idea that it's controlled by a joy stick from a game controller, and i think that's much better than if it had been run by some high-tech, you know, steering system that you had to spend months trying to learn. i was allowed to steer it and move it for a while. there was nothing to it, and the sub is just propelled by two little engines that look like fans you would put on your desk
told, obviously no sitting room, no chairs, they are -- super close proximity. this is one of the passengers holding on, the pilot at this moment, holding on to the joy stick, which we have put a picture of. because tom, we have been told it pretty much is not a glorified version of one, but a video game joy stick. this is the wireless logictech 7 game pad, toilet up front, no seats inside. these are the four electric thrusters, the on board health monitoring system we have been told about and the back of the vessel is the oxygen tanks and the electronics on board. this is it. i mean, we are all trying to wrap our minds around what this is made of and somewhere in there we are told, according to that news conference, that they have some sort of stash of food supplies and water.
also spoke about the gaming console and other components. >> once you reach the ground, the ship is sort of piloted by two things that just look like a fan you would have on your desk. very simple and it is controlled by a joy stick from a gaming console so even i was able to steer and navigate the submarine for a while. >> reporter: according to an oceangate web page no longer available online there is one small toilet in the front of the vessel which, quote, doubles as the best seat in the house. it says when the toilet is being used they put up a privacy curtain and turn the music up loud. the website recommends passengers restrict their diet before and during the dive to reduce the chances of having to use the toilet. mike reiss says he fell asleep during the two 1/2 hour trip down to the titanic. >> you were bolted in from the outside. 18 bolts in a circle around the hatch. by the way they only fastened 17
know, thinking it was going to be a pleasure cruise. especially the experts involved, stockton rush, you know, they made it as safe as they could make it. they trusted their own lives to it. but they knew it could end this way. >> you did a podcast about your trip and you described how the ship is controlled by a joy stick from a gaming console much like an x box controller. tell us about the technology and how it works. >> yeah. as a lot of people have focused on that as if this is some jerry rigged, you know, crazy little jalopy that's been slapped together. but it's one -- reassuring things about the submarine is how simple it was. it was pressure resistant tube that drops to the bottom of the
ocean. took two and a half hours to go kind of straight down. i actually fell asleep on the trip down. that's how kind of relaxing and meditative the whole thing is. once you reach the ground, the ship is piloted by two things that look like a fan you would have on your desk. very simple and it is controlled by a joy stick from a gaming console so that even i was able to steer and navigate the submarine for a while. again, these are all to the good. simplicity would be having something overly complicated where you're at the mercy of technology nobody understands. >> yeah. you also talked on your pod cast about how you had to sign a waiver that warned you at least twice that you could die. i want to show this clip. cbs news reported on this ocean gate submersible and described
professor. what to you make of this, dave? they're just the latest to say this stuff about losing faith. some wall street traders and others have said about the havoc that's been created in the banking industry by the missteps on federal regulators. what do you make of it? >> i agree. it starts with the fed has to stop playing god. they're on their way to snatching defeat from the jaws of victory here. they have forgot ten one of the most important tenants in economics. it about human behavior. they think that they can fine tune the economy by tapping the joy stick like we're a video game and get somebody to decide not to buy a tractor. the fed nets to get off the stage and say we raised it to 5%. fine. now we're leaving you alone and we're going to let the economy settle down. powell thinks he can tinker with the economy like it's a video game. >> neil: you know, then i want