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tv   [untitled]  CSPAN  June 13, 2009 10:00pm-10:30pm EDT

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but it's a great privilege to be able to contribute on both ways. thank you for your question. >> thank you. >> hi. i'm caroline from the university of virginia. and as college students we often face the hookup culture and this idea of traditional relationships are not valued anymore. and how as students can we stand strong for our values without feeling left out? >> secure allies in the battle. many times i get e-mails from parents or from college kids saying "i feel like i'm the only one. i feel like i'm the only one." now, even if you are the only one, you must always stand for what is right. but you are not the only one that believes in those values or virtues. look for people who share your value -- form friendships with them. create your own subculture. again it comes to commitments and relationships. watching each other's backs. allow yourselves with groups and others who believe like you do.
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and you become the force for good that changes the culture that you're in instead of allowing it to have you feel separated. one of the greatest strategies of war is to make your opponent feel isolated and alone like they're the only one. because there's a tendency to give up, give in and run away. you must never be the one who feel thank you. .
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>> values of patriotism, values of commitment to family. that there was a critical error in history, that conservatives and people of faith made. that was they actually abandoned hollywood because they felt it was becoming evil. and what happened when they abandoned hollywood is they allowed for people who don't share those moral values to then own and pretty much run everything. that's the entertainment media. the entertainment media today, by the way, is the shaper of our culture. there is an old saying that just give me the songs the nation sings and it matters not who writes her laws, because
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really the way the people behave and a country behave is how the culture, the songs, the entertainment media is feeding them. you all know that better than any generation. so becoming involved in the entertainment media is one that conservatives who have funding must do. secondly, conservatives love to hate the news media. i mean, we just do. we love to complain about the new york time and cbs and abc, but there are few people that are actually doing something about it. there is another old saying that says the man that has free speech and the freedom of the press is the one who owns the press. and like it or not the people that own some of these media conglomerates have the right to speak their minds. we need to become more active in ownership of media. it's critical. but the playing field has been leveled with technology, with everything that was mentioned earlier in speeches today. i heard blogs mentioned, i heard all kinds of technologies mentioned.
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you are the ones who can harness that. it's up to you to do that. i would encourage many of you, if you haven't looked at going into communications and journalism and marketing to please consider that as a career. very important to do that. but the other thing you can do -- it's really unique, only to your generation, is because of the technology, you actually are the media. you know that. with your facebook pages and your myspace pages and all the ability to create your own media, you have a rare opportunity to do that. thank you. >> my a.m.a. is crystal bruner. i'm from patrick henry college. with your experience in culture and the family, what do you see as the most damaging element of our culture for the family? >> i would say if you're talking about media or just in general, i would say -- yes. [inaudible] >> we're done then.
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the evaluation of human life. there you go. [applause] >> you're watching c-span, a public service provided by the cable industry. patrick byrne of overstock.com
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talks about internet taxation. the weekly online addresses from president obama and congressman mike pence of indiana. a little later, a look at the future of journalism with katherine weymouth and david simon, writer and producer of hbo's "the wire." >> tomorrow on "washington journal," michael epplinger and john lott of the university of maryland discuss the obama administration's spending policy on health care, carmakers and the financial system. nathan guttman looks at u.s.-israel relations. >> "washington journal" live at 7:00 a.m. eastern on c-span.
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senate majority whip john kyl discusses some of the issues on the senate's agenda, including health care and preparing for the confirmation hearings for supreme court nominee sonia sotomayor. >> i was reading last night, there is a lot of reading involved here. i was reading some very troubling things last night about her views toward international law. in effect saying that you can interpret the united states constitution by looking to see what public opinion is in europe. well, public opinion in europe has nothing whatsoever to do with what our constitution means. and if that's really her point of view, that's very troubling. i mean, i could not vote for a judge who believed that. she said it on several occasions. i'm going to have to ask her what do you mean by that? when people talk about a filibuster, understand that republicans probably couldn't filibuster this nomination on our own. there aren't enough of us. so even if we wanted to -- by
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the way, none of us are talking about filibuster. it's all in response to questions from the media which are fair questions, but we're not proposing this. as you point out, it would be very difficult for us to pull off anyway unless some democrats joined in. >> "newsmakers" with senator jon kyl here on c-span. >> nor nonfiction box and authors through the weekend on cable-satellite public affairs network's book tv. how the followers of jihad, jefferson, and jesus are battling to dominate the middle east and transform the world. followed by a look at what's next for the economy. later, foreclosure nation. florida real estate attorney on the housing crunch and where it's headed. on "after words," how do you run for congress with $7,000
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and your sixth grade students managing the campaign? tierney cahill gave it a shot. every weekend is filled with books and authors on book tv. >> up next from this morning's "washington journal," a discussion on internet taxation. this is about 40 minutes. satellite channel 32. >> "washington journal" continues. >> our final segment of the morning featured patrick burn of over stock.com. how much does your business rely on the internet? >> well, 100 percent. we're pure play we call. there's no brick and mortar star. all internet. >> as far as business, how much traffic do you generate and what's your revenue stream from it? >> 10 pse&g 20 million visitor as month and probably do just
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about a billion dollars this year. >> when you come to washington, one of the things, from what i understand is your concerned about how the internet is used. particularly in the terms of taxation what's the issue? >> the issue is there are states who want to start taxing, we're based in you at the so when we, somebody buys something from wisconsin we don't put a sales tax on it. california, new york is starting to say we want that sales tax revenue and that's now the issue. >> so when states like that want that revenue, what ultimately could that do for your business? >> well, it could hurt us and it would hurt the people in those states that start paying tax on products they're not paying on now. >> when you - do you come to washington to lobby and talk to folks about it. >> i'm not real popular for other reasons on capital hill.
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i have folks that come and lobby but actually, we haven't jumped into that issue too much but we've made our position clear. we're lobbying on other wall street issues but on that, we've made it clear. you want me to hit that? in 1992. supreme court. quill verses north dakota decided it was own rouse to ask catalog companies to pay tax on those out of state sales. just the 7,000 tax jurisdictions in america. in kentucky, cotton candy is taxes as candy in ohio it's taxed as food. there's no way for us to know the tax rates on every product in 7,000 places for that reason it's impossible for them to tax. however they're talking about getting around that by creating database updated and then they
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would argue that knocks down that objection. but still there's about 07' pse&g 80 percent americans against paying taxes on internet purchases. it would wipe out e-bay because everybody would start to have the to pay and collect taxes and thus. the internet is a friction less environment now and that would impose it on that. >> it's happening at the state level and it's also, congress is looking to pass law to enable it, that sort of enables getting around, enables the central data base to get around the objection from the supreme court. the state legislators are starting to sort of reach and try to find ways through that. could the states make a case if something is bought off the internet it's not from a brick and mortar state and we're losing revenue from it? >> they certainly make the argument they're losing revenue
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from it. the argument it's not bought from a brick and mortar in their state which i would say well that's our point and not your point. brick and mortar or target store has employees that drive on roads. children use our schools and it imposed cost on the infrastructure where as we're just maleing a problem and it doesn't effect it nearly as much therefore we shouldn't be taxed. the true lobbying going on from behind this is from target and wal-mart. those are the stores the national retail is lobbying like crazy because they don't like the disadvantage they suffer. >> but they have web-sites as well. >> right but the majority vast sales from them are still in brick and mortar. >> for those on capital hill whether you talk to them personally or people associated with your company, do you have a
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sympathetic ear and who have you talked to? >> i have not been. i have not been involved the lobbying. like i said, i've been antagonistic to folks on call toll hill and this is as close as i get to capitol hill but there are in general, i know there are, it's not a popular idea on capitol hill. enezi is trying enable it and there's a few other internet companies realizing it's a bad thing for governments to tax internet transactions. >> we'll have a guest on this for the next 25 minutes or so and if you want to ask him questions about these issues you can do so by calling one of the numbers correlating below. twitter isc panw j and e-mail
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journal at c-span dot org. another venture an as far as business is naked short % >> an i.o.u. and the loopholes were set up to create some tolerance in the system. create liquidity. but what's happened is some hedge funds, a small number of hedge funds figured out how they could abuse these
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loopholes and flood the market with what turned out to be billions of fake shares. market with billions of fake shares and by doing that they can manipulate the different stocks and crash companies. it's an issue intertwined. take down lehman bros. and so it's just intertwined around a lot of financial interests. we argue the loop hopes one of which is called the madoff loophole. >> how does this direct internet companies like yours? >> how it effects any company, i actually keep trying separate it from over stock. over stock is fine and we don't need capital but if you talk about a smaller company that needs capital and has to access the capital market.
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if hedge funds gang up and do this. they can interrupt. there's a company called force protection and they make mind resistance ambush control vehicles. real big vehicles that solve the problems in iraq. once they get in one it's impossible to kill them. the department of defense loves them they ordered 12 thousand and this little company couldn't keep up. they wanted to expand they're factory to make more. they're stock instead got ma nip lated down to 4 dollars. they couldn't sell any stocks so they couldn't raise capital or expand they're factory so soldiers have been dying so some hedge fund guy in new york could have a new ferrari. multiply that by hundreds or thousands. there's a great economist in
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town here. shapiro says hundreds of countries have been effected or are destroyed. we'll never know. some companies deserve to go out of business, some didn't. >> patrick burn our guest. first call, illinois. mike independent line. >> i have a question for the chairman there. if concerns are with the taxes for the cell-phones for employees since he's an employer. my employer force please to carry a blackberry and cell-phone. how does i think that employee effects that they have to keep my job so i have to do this but at the same time the employee says you have to have the blackberry but the government will tax me. you think that's right and will have an impact with your employee?
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>> i don't think it's right and i think it will impact employees. normally the principal is, if your conducting legitimate business expense or that you, that you're not taxed on that. if your you know, flying across country and in a jet and you've got an commercial jet, you're not getting taxed on expenses your incurring in the line of doing your business. so it as very strange time in tax to me. >> north carolina, bernard on democrat line. >> how you doing? i got a simple question. i don't have a lot of sympathy as far as being taxed because the way i look ate. you don't care how many items you get from china but still you complain about getting taxd for revenues. the states need revenue but i don't see you guys trying to put
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emphasis on buying american. especially over stock.com people. your bulk people. that's my opinion. i'm sorry. >> okay. any response? >> well, okay. we buy american. we try to get the best price and we buy all over america but it's up to what you the consumers are going to buy. do you want to buy this table american made version for $180 or maybe an alternative made overseas for 107. we'll sell both and it's up to the american people, what is is they want to bye. >> springfield, illinois. jill on the republican line. good morning. >> good morning. >> you're on. go ahead. >> yeah, my concern is that it may have been addressed. my concern is that we have a
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small business here and it's difficult to compete with internet because of the tax situation. so, to be fair, it makes more sense to me for internet goods to be taxed as well. again- >> what kind of business t do you run? >> a discount store. springfield. >> okay. well, is it really government's role to say we don't, we think that - um... cable television or satellite t.v. has an advantage over cable t.v. and therefore we're going to put an extra tax on it. it has the advantage of not have to dig up streets and stuff so we'll bring the costs up to the same level. how could there be any progress and how could there be any innovation. any innovation that strips cost
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out of the system would be compensated by a government that was constantly trying bring everybody's cost up to the same. that doesn't make sense. the right test is a tax is a price you pay a government for a service and if, do we get the same services? do we demand the same servis of a government in springfield, illinois that's - that a brick and mortar store does. we don't demand it and we're not getting same services. we're not putting a load on the water supply and same load on the road or any load on the school system. we're not buying those services so why should we have to pay the taxes. >> states, just those states or are they representative of other states coming on the initial states get there way. >> there's 6 pse&g 8 eagle to do this. california is one of them. i'm on my way to testify in
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california a couple of weeks back and somebody pulled the bill. it's so unpopular with the populus. so, what they're doing is sort of 1/2 measure to get there is to say, well there's something called affiliate marketing where we have thousands of people around the country with little web-sites like best bye on shoes.com and they market our products and amazon products and states are saying new york did this if you have any people in the state that created nexus. you're a business doing business for the state and your now getting taxed. the day they passed that role we had to release 300 people in new york. if we had kept them, we would have had to start paying taxes on 60 million dollars in sales in new york and that's taxes we would have had to pay on so we cut people making part of their
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living from affiliate marketing. so, there's other states considering just the same rule. california was and then they found out they have something like 300,000 people that make some income from this from this business and they rea liez they passed it. they'd have 300 thousands that would start taking paychecks from firms so they pulled it. >> independent line. mark? >> how are you? >> well, i think this is an essence a mission by the politicians that they really don't want to live within their means or within a budget that doesn't expand every year. and i think ro nold reagan said it best. you used word friction less, that when if it moves, taxes and keeps moving regulate it and if it stops, subsidize it.
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thank you guys and have a good day. >> well - that guy will go places. we have a comment from twitter. somebody says the delivery companies use the local roads and ups et cetera. >> well, the delivery company should be taxed rather than the internet companies. that would be an argument. my guess is that they don't use for the same amount of goods. i wonder if they use the road as much as the 18-wheelers pulling up to the back of a target and customers who are driving in and picking up. the one local service we do use i think is the roads. they said that the ups and post office uses the roads. probably not used as intensively as a brick and mortar store but there's a range of other services like electric system.
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>> how many employees in your company? how are they broken down with those who take orders and processed orders. >> broken down to 500 at corporate and those are computer programmers. accountants and people that work in marketing and such. there's 250 people customer service agents and 250 people that work in the ware house and i'll give them a shout out. we've recently been voted number two in customer satisfaction in american. second only to,ll been. >> as far as that's concerned, how much is dependent on technology and how's that work with with your human resources. >> started off very low-tech as we could. we didn't have the massive amounts of capital some competitors did so we kept
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thinses manual and then we applied technology and now we've turned into, well our ware house and customer services. ware houses appropriate tech or customer c service tech. there's a company now with the number one software with that that we have a great partnership and the stuff we're doing on the website. personalization is leading edge too. >> chicago, illinois. go ahead please. >> hello. i don't think our several governments are really doing anything to help us, and i sometimes wonder since they gave away all this money if we left and stopped paying taxes at all and did our own businesses if they would even miss us since they can just make their own money. it just - you know i'd like to give them a pink slip. i'd like to close the facilities
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in washington. i don't think we can afford for them to go to work anymore. >> i think they would miss you if you stopped paying taxeses, but i agree, that well, taxes are the prices we pay for civilization but are we getting good value? are we getting as - the value that um... for how much we're paying which is now 6 trillion dollars in fed, state, local taxes. are we getting as much civilization as we think we' buying. my big pet peeve is education and i'm, i'm the cochair of the milton and rose friedman foundation for the school choice because i think the way to solve social problems at this point is through education and i think that can only be done with some
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fort of school choice. >> evans, georgia. you're on with over stock.com. al on the republican line. >> good morning. >> good morning. it's a privilege to talk to you mr. burn. appreciate your comments on naked short selling. i have two questions. what exactly was the volume of failures to deliver and f c-spac-spccs response and aren't internet sales taxable in just about every state and they're looking at you as the low-hanging fruit rather than audit their own tax? >> this thing called naked short selling created

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