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Detailed text transcripts for TV channel - MSNBC - 20110824:00:47:00

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revolution, the federalists were in favor of a strong central government and look to the commercial and industrial expansion. the republicans believed in the local government and economy based on small independent farmers. the american yeoman farmer has become a symbol of philosophy. above all professions, he would recommend farming to his son. among his reason, farming is among the vocation that con deuces most directly to reverence for honesty and truth. he would look out for every man because he was the every man, and jefferson believed that kind of person would make a great politician. she's not a farmer, but does that remind you of anyone? >> it's a lending industry that has changed its model. credit cards know we're the easiest ones to see.

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