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freedom of speech. that's the most basic of all of the freedoms. that's why it's enshrined in the first amendment to the bill of rights. it's central not only to freedom but to humanity. we can speak. that's our power. in the beginning was the word declares john in the opening of the fourth gospel. the word is the most important thing we have. take away our ability to choose our own words and we are no longer human. we are subject and chattel. authoritiarians understand this. they mate freedom of speech. they would let you have a machine gone before they allow you to say what you wan...

the freedom that matters is the freedom to speak your mind, the freedom of speech. that's the most basic and essential of all the freedoms. and that's why it's enshrined in the very first amendment to the bill of rights. it's central not simply to freedom, but to humanity. it's not opposable thumbs that separate us from the animalsk. that's our power. words in the beginning was the word, declares john . at the opening of the fourth gospel, the word the word is the most important thing that we have. take away our ability to choose our own words, and we are no longer fully human. we ar...

For risk if you are lending to a junk rated company. >> tucker: that's the evaluation that company will repay its debt? >> exactly. they categorize those companies as being less likely to have a going enterprise. >> tucker: that's risky? >> absolutely. the more you push interest rates down the more you force people to take risks. if you say to somebody trying to save for retirement, you can get0% in our savings account. the miracle of compounding is gone. how do you get enough money to retire on? you have no choice but to take more risks. at first you buy investment grade paper but only yieldi...

For risk. if you're lending to a company that said junk rated company. so basically, by junk rated, you mean that's the evaluation of the likelihood that company will repay its debt. exactly. so a ratings agency is categorized those companies as having the least likelihood of actually being going. >> that is risky proposition to a bunch of money to someone who's likely not to pay it back . absolutely. but what's what got us to this point is that the federal reserve, when the more you push interest rates down, the more you force people to take those risks, because if you say to somebody who's t...