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Important, i want -- i worked in the white house. you have to uphold certain norms and sort of set standards for the country that people can go to sleep at night without worrying about -- their best friend or family member is going to be deported the next day, or treated harshly. >> clearly phillip, his team and he are not that stupid to believe that this doesn't matter, they're not trafficking in racism and bigotry by doing this? >> right -- >> are they trying to make us believe something that is -- >> i think bannon is a good encapsulation of this issue for the reasons that we just articulat...

Rap and rapping on a bus? can you imagine black students on the bus racist, and getting them on video and saying -- >> but here's the problem. >> are they going to be expelled? no. >> schools -- schools and workplaces have the right to set standards. this is unacceptable. >> behavior may be unacceptable. but the public university is governed by the first amendment. you can't set a rule that says you can't have free speech. >> so hang on to your hats. because there's going to be people who accuse me of all kinds of things out of this. first of all we've got to separate it. does the university h...

>> the president said they're bigots. you don't expel people for sounding stupid. will you let me finish my point? first of all, racist speech as you obviously know is protected by the first amendment. the united states of america is different from all other countries. we're unique. we protect the speech for which we disagree. here you have the president of a university, a public university, which means he's a government official saying, i'm going to punish you because i don't like what you said. let me ask you this question. rap and rapping on a bus? can you imagine black students on the bus ...

That consumers have if these breaches keep happening and they're at that time -- their data gets lost, pins get lost, there's going to be some action that needs to be taken because at some point it becomes too much. >> chris, when you start to say, let's layer on more things -- you just described several yellow if not red flags for business in general. >> i think this is going to be one of the growing threat, the more we become interconnect, the more we use credit cards to do purchases online to do our everyday lives -- i just received a letter a few weeks ago. not one of the fun moments of yo...

I would make it as $35,000 as a newspaper reporter. i almost went broke. there are a lot of americans who think they can get by with substandard, and i wish somebody had set standards then, david. >> but this is about political practice and leadership. if you believe all those things and, therefore, you want to get the very best health care, you were in the white house. you were advising the president on the kinds of things he should say. why did not you or somebody else say to him, mr. president, don't say no matter what you're going to keep your health care plan. was that bad practice? >> hi...