>> that completes our live coverage of the correspondents

dinner. if you missed some of it, we will replace some of it for you in 45 minutes. right now, let's bring you remarks from president obama followed by remarks from comedian seth meyer. >> ladies and dental men, the president of the united states. ♪ i am a real american right -- fight for what is right ♪

when you come cracking down and it hurts inside standve got to take a ♪ you do not have to hide friends then my you hurt my pride ♪ i have to be a man ♪ i cannot let it slide ♪ i am a real american ♪ fight for what is right ♪ fight for your life >> all right, everybody, please, have a seat. [applause] my fellow american --

[cheers and applause] mahalo. [laughter] it is wonderful to be here at the white house correspondents' dinner. what a week. [laughter] as some of you heard, the state of hawaii release my official long form birth certificate. [cheers and applause] hopefully, this will put doubts to rest. but just there is -- but just in case there are lingering questions, tonight, i am willing to go further. [laughter] tonight, for the first time, i am releasing my official birth

video. [laughter] [applause] now, i warn you -- [laughter] no one has seen this footage in 50 years. not even me. [laughter] but let's take a look. ♪ ["lion king" theme] [applause] [cheers and applause]

oh, well, back to square one. [laughter] i want to make it clear to the fox news channel that that was a joke. [laughter] that was not my real birth video. [laughter] that was a children's cartoon. [laughter] call disney if you do not believe me. they have the original long form version. [laughter] [applause] any way, it is good to be back with some many esteemed guests, celebrities, senators, journalists, is essential government employees -- [laughter]

non-essential government employees -- [laughter] you know who you are. [laughter] i am looking forward to hearing seth meyer tonight. [applause] he is a young fresh face to can do no wrong in the eyes of his fans. seth, enjoy it while it lasts. [laughter] yes, i think it is fair to say that, when it comes to my presidency, the honeymoon is over. [laughter] for example, some people now suggest that i am too professorial and like to address that head-on by assigning all of user meeting that will help you draw alyour own conclusions. [laughter] others say that i am arrogant, that i found a really great

self-help tool for this -- my poll numbers. [laughter] [applause] i have even let down my key core constituency -- movie stars. [laughter] just the other day, matt damon -- i love the that -- he says that he was disappointed in my performance. well, matt, i just saw "the adjustment bureau." so -- [laughter] right back at you, buddy. [laughter] [applause] of course, there is someone that i can always count on for support, a wonderful wife michelle. [cheers and applause]

we made a terrific team at the easter egg roll this week. i gave out bags of candy to the kids and she snatched them right back out of their little hands. [laughter] ed them.he [laughter] where is the national public radio table? [cheers and applause] you guys are still here? [laughter] that is good. i could not remember where we landed on that. [laughter] i know you were a little tense when the gop tried to cut your funding, but, personally, i was looking forward to new program, like "know things considered --

"no things considered." [laughter] me."ait, wait, don't fund [laughter] of course, the deficit is a serious issue. that is why paul ryan could not be here tonight. his budget has no room for laughter. [applause] michele bock man is here -- michelle bachman is here tonight. which is good. although i hear that she wants to run for president. but i years to born in canada. [laughter] yes, michele, this is how it starts. [cheers and applause] 10 pawlenty, he seems all-

american, but did you hear his real middle name? tim hosni pawlenty? [laughter] what a shame. [laughter] my buddy and outstanding ambassador john huntsman is with us. there's something you might not know about john. he did not learn to speak chinese to go there. oh, no. [laughter] he learned english to come here. [laughter] [applause] and then there is a vicious rumor floating around that i think could really hurt mitt romney. i heard he passed universal health care when he was governor of massachusetts. [laughter] [applause] someone should get to the bottom

of that. and i know just the guy to do it -- donald trump. [cheers and applause] he is here tonight. no one is happier, no one is prouder to put this birth certificate matter to rest than the donald. [laughter] that is because he can finally get back to focusing on the issues that matter, like did we think the moon landing? [laughter] what really happened in roswell? [laughter] and where are big e. and tupac? [cheers and applause] all kidding aside, obviously, we all know your credentials and

breadth of experience. [laughter] for example -- no, seriously, in an episode of "celebrity apprentice," at the state house, the men's cooking team did not impress the judges from omaha steaks. and there was a lot of blame to go around. but, you, mr. trump, recognized that the real problem was a lack of leadership. ultimately, you did not blame little john or meat loaf. you fired gary busey. and these are the kinds of decisions that will keep me up at night. [tears and applause] -- [cheers and applause] well handled, sir. well handled.

[laughter] save what you will about mr. trump, he certainly would bring some change to the white house. let's show you what we got up there. [laughter] so, yes, this has been quite a year in politics. also in the movies. many people, for instance, were inspired by "the king's speech," a wonderful film. [applause] some of you may not know this, but there's a sequel in the works that touches close to home. because there is a hollywood crowd, tonight, i can offer a sneak peek. can we show the trailer, please? >> the following trailer has

been begrudgingly approved for all audiences by the president of the united states. the year is 2011 and opposition rises. >> congressional republicans could force the federal government to shut down. >> and the president must face -- >> republicans are serious about an amendment that would eliminate funding to the president's teleprompter. >> his greatest challenge. from the people who brought you universal health care and the huge backlash to universal health care comes the incredible true story. >> as our economy added another 20, ah -- they say that, no, no. >> of the president has lost his

prompter. has he lost his magic? >> has he -- i will also visit -- i will also visit -- i will also visit to chile. ok, let's try this again. >> in his challenging time, he did not let someone is prepared remarks stand in his way. >> axelrod wanted me to use a teleprompter. >> who broke all the rules -- >> whose mama lived in long island for 10 years or so, god rest her soul, although, your mom is still alive -- god bless her. i have never seen so many insurance commissioners. >> my lord, i am not battle.

actually, i am. >> it is a story of friendship and the power of the human condition. but mostly it is this for two hours. >> and someone we appreciate even more, natalie portman -- this is not on the teleprompter, but she is a heckuva lot better looking than from emanuel -- than rahm emanuel. >> renowned for it and vegetable and this is -- michele obama. >> that is a care. >> and passenger of the year three decades running, joe biden. >> there goes biden. >> as the president loses his teleprompter. >> the will, the future.

[ [ >> coming to a theater near you. [applause] let me close on a serious note. we are having a good time, but, as has been true for the last several years, we have incredible young men and women who are serving in uniform overseas in the most extraordinary of circumstances. [applause] we are reminded of their courage and their valor. we also need to remember our neighbors in alabama and across the south that have been devastated by terrible storms last week. [applause]

michele and i were down there yesterday and we spent a lot of time with some of the folks who have been affected. the devastation is an unimaginable. and it is heartbreaking. it will be a long road back. so we need to keep those americans in our thoughts and in our purse. but we also need to stand with them in the months and perhaps years to come. i plan to make sure that the federal government does that. and i have faith that the journalists in this room will do their part for the people affected by this disaster by reporting on their progress and letting the rest of america know when they will need more help. those are stories that need telling and that is what all of you do best, whether it is rushing to the site of a devastating storm in alabama or covering revolution in the middle east. in the last months, we have

seen during most threatened, arrested, beaten, attacked, and, in some cases, even killed simply for doing their best to bring us the story. to give people a choice and hold leaders accountable. through it all, we have seen daring men and women crystallize for the idea that no one should be paralyzed -- men and women simply for the idea that -- daring men and women risking their lives for the idea that no one should be paralyzed. it is always important, but it is especially important in times of challenge, like the ones that america and the world is facing now. i think you for your contributions that you may. i want to close by recognizing not only your service, but also

to remember those that have been lost as a consequence of the extraordinary reporting that they have done over recent weeks. they help, too, to defend our freedoms and allow democracy to floors. god bless you and may god bless the united states of america. [applause] >> hello, i am such myers and i cannot thank you enough for having me tonight.

this evening, i will be making a lot of jokes about many of the people in this room. but do not worry. i assure you that, no matter how harsh the words, they have been vetted by the man at the top, chinese president hu jintao. [laughter] i will be sitting at a table with president obama, a man that i greatly admire. such an honor. before i start, these are my birth certificate jokes, so thank you for the timing on that, mr. president. now unusable. we were using these jokes for months. now they are useless. he will not wait three years and then release it before the dinner. [laughter] who told you i had birth

certificate to jokes? it?as assange, wasn't [laughter] is biden still vice president? if not, i am down to thank you and god bless america. [laughter] i am also honored to be performing for those of you here tonight as well as a handful of people who are watching it at home on c-span. [cheers and applause] c-span is the whole of white shots of empty chairs. every time i tune in to c-span, it looks like they just had a fire drill. [laughter] c-span is one of unpaid electric bill from being a radio station. [laughter] [cheers and applause] people think bin laden is hiding in the hindu kush. but they do know that he hosts a

show on c-span between 4:00 at 5:00? [laughter] i am not complaining about c- span, mind you. i usually work on nbc. tonight, i am thrilled to be on a network that people actually watch. [laughter] the fact that i am projected on three screens makes me the third highest rated show on nbc. [laughter] comcast bought nbc this year, i am assuming by accident, or when goldman sacks bundled up the network and sold at in a lowered cbo. [laughter] i figured that this was the only error were that the joke would work and it only kind of did. it will not be joining me on the road. [laughter] id is amazing to watch all this history and all these buildings and yet here we are at the hilton in d.c. [laughter]

the red carpet outside was amazing. who are you wearing? what does it matter? i am going into a hilton. [laughter] do not get me wrong, i am happy that we are at the hilton. no matter how i do it tonight, i am earning hilton honors points. [laughter] you may not like these jokes, but i will be laughing all the way to a free breakfast. [laughter] for those of you who do not know, the white house correspondents association is an organization of journalists who cover both the white house and the president. although, earlier, senator john kyle talia that 70% of what they do are abortions. -- senator john kyl of told me that 70% of what they do are abortions. [laughter] but tonight is not about our political differences. it is really about the after party. i keep hearing how everyone is excited to go to the bloomberg party. you know how i know that i am

not in new york? in new york, nobody is excited to go to a bloomberg party. [laughter] [cheers and applause] in new york, a bloomberg party is five people smoking outside of a bar complaining about bloomberg. [laughter] i am contractually obligated to attend the msnbc party tonight. everybody knows how it works. president obama makes the kool- aid and everybody their drinks it. [laughter] to close to my home? [laughter] there are some men scheduled parties having tonight. fox news is having a party. make sure you bring your driver's licenses and were your long form draw a license. but if you are able on, do not worry about it. just bring your dynamites mile. [laughter]

like everyone else, i will probably just go to the huffington post party. [laughter] they are asking people to go to other parties first and just steal food and drinks and bring it from there. [cheers and applause] do not get me wrong. i love auriana huntington, especially her voice. she sounds like a woman who'd be sitting up in bed with a sheet wrapped around your as james bond walks out the door. will i see you again, james? [laughter] and you know the after party will be crazy. it will not be good, but it will be crazy. [laughter] i think i met james o'keefe last night. it may have been a regular pen who hated organized labor. [laughter]

npr is having a party, but it could be some day. how hot can a party get when it is held in accordance with sharia law? [laughter] it is what i was told. sweeping changes are happening in tv news. katie couric has announced she is leaving cbs. she is known for asking the tough questions like "name in newspaper articl." [laughter] acadia's as one of the many departures we have seen this year. -- katie is one of many departures we have seen this year.

[laughter] [applause] keith doberman was suspended from his show for violating company policy but donating money to three democratic campaigns. cnn replace larry king with pierce morgan this year. it is like that old expression -- out with the old, in with the who? [laughter] not everyone is leaving. my friend anderson cooper is still over at cnn. i love watching him report from the field. you know how much danger he is and by how tight his clothing is. [laughter] if he is in the bulky yellow slicker, he is at a hurricane

that is still off shore. but when he is in the child-size white teacher, bullets -- child-sized white t-shirt, .ullets are flying an if you ever see anderson cooper with his shirt off, turn off your tv and run. [laughter] lee in force? have you seen hardball? chris matthews feels like an auctioneer in a wind tunnel. [laughter] now more than ever, it is clear that media is changing. even bloomberg news is on twitter with an impressive 220,000 followers. only 20,000 left and a cobra medicthat escaped from the bronx

zoo. [laughter] brian williams is here tonight. he says that tonight as the elements that he most respects -- cameras. [laughter] when he went to egypt, it was because he heard it was their pilot season. [laughter] i have nothing but respect for my good friend brian. brian landed in london to cover the royal wedding, only to come back around to cover the tornadoes in alabama. it was incredibly brave and courageous and that is a direct quote from brian williams. [laughter] [applause] many hollywood celebrities are also here tonight. jon ham is here. yes he looks away every republican thinks they look. [laughter] [applause] zaki gulf and at this -- zach

galifankis is here. just look at the options the republicans are kicking about -- palin, gingrich, a trump. that sounds like a season of "dancing with the stars." mitt romney wrote a book called "no apologies." when you have to proclaim that, is that not a tacit and mission that you have made a lot of mistakes? if i come home from a trip to vegas, if the first thing i say is no apologies, we will have a follow-up conversation. [laughter] [applause] both rand paul and ron paul have been talking about a run in 2012.

they have something in common with my father and died. we both are also not going to get elected. [laughter] i would love nothing more than to see a debate between father and son -- dad, you ruin everything! [laughter] tim pawlenty makes al gore look like rootbalrupaul. mike huckabee is considering a run. he said that the president was raised in kenya, went to a muslim school, and it's america. but besides that, he still likes the president. then there is donald trump. he said that he will run for president as a republican. which is funny because i thought he was running as a joke. [laughter]

[applause] donald trump often appears on fox, which is ironic because a fox always appears on donald trump's head. [laughter] if you are at "the washington post" table with donald and you cannot finisher dinner, do not worry. the fox will be it. [laughter] -- the fox will eat it. [laughter] 38% of americans think that the u.s. president was born in the u.s. only 5% more said that donald trump was deftly born in the u.s.. has it reached the point that people only think someone was born here because they sought to? i know i was born here and i

know that my younger brother was born here, but when it comes to my older brother, i can only take his word that he was born here. [laughter] donald trump owns the miss usa pageant. that is a good thing because that can streamline the selection for vice president. [laughter] i like that trump is filthy rich, but no one pulled his accent. it still sounds like a knowing all at the otb.

he made a big great choice for president, but he would be a great choice for press secretary. it is not a strong field. who knows if they can beat you in 2012? i know who can definitely be tat you -- 2008 barack obama. you would have loved him. [laughter] so charismatic. was he to ideal? maybe. but you still would have loved him. at the first inauguration, the firstly was there. and you may have looked beautiful a day, but you look

more beautiful tonight. [applause] now, you, mr. president, have a stay little. [laughter] -- have aged a little. [laughter] when you were elected, you look like that guy from the old spice commercials. [laughter] now you look like louis gossage, senior [laughter] maybe you should start smoking again. [laughter] if your hair gets any wider, the tea party will endorse it. -- if your hair gets any white will endorserty it. [laughter] i believe the president would agree with me that the mood has changed a little bit since the beginning of his term. housewives were trying to sneak into the white house.

not anymore. now everyone is leaving. by this time next year, it will be you and joe biden trying to of find the copy machine. and now you're election campaign has begun. you know who is really dragging it? will i. am. he is looking for words that rhyme with "debt ceiling." [laughter] the heritage foundation projected that the that joke would get a standing ovation. [laughter] probably should not trust those guys. i truly have confidence in you. for one, you still have the first lady and you still have joe biden. what can i say about joe biden that already has not been said incorrectly by joe biden? [laughter] i bet having him as vice president is like taking your blue-collar dad to a fancy restaurant.

he talks a little too loud and mispronounces the sauces. if he were not invited to the royal wedding, he merely said to the present -- you, me, "wedding crashers ii." [laughter] i have two amtrak tickets to london. [laughter] [applause] the vice president loves trains. i assume it must have been hard for the president to tell biden that the new budget had $1.5 billion for high-speed rail. joe, come on in. take off your engineer's cap. [laughter] i have some bad news about the choo-choos. [laughter] as he broke the news, one of the straps on joe's overalls sallied

troop off his shoulder. [laughter] -- on joe's overalls sadly drooped off his shoulder. [laughter] he believes the people have said loud and clear, stop using my tax dollars to take care of me. [laughter] i noticed in his approach to the public led many to praise paul ryan as a serious adult. nothing is more depressing in politics of that "unbilled" is now a compliment. that is only -- "adult" is now i compliment. that is only complement to a child. you even cut your own meat like a big boy. [laughter] congress, there are a lot of things you want us to be impressed by that you are not impressed by. we are not impressed that you stood next to each other at to the state of the union.

you know what is impressive when people sit next to each other and have wildly different political views? thanksgiving. [laughter] the health care bill is almost 2000 pages -- good. a bill that insures 3 person in america should be longer than the girl with the dragon tattoo -- a bill that insures all the people in america should be longer than the girl with the dragon tattoo. i should wrap it up. i am getting the red light. not the one that signals i am getting at a time, but the one that signals that the c-span handy cam is running at a time. [laughter] i could not do my job if you did not do yours. it is fitting that this weekend happened on the same as the royal wedding. i could not help thinking how

wonderful it is to live in a country that do not wear hats like that. [laughter] [applause] tonight has truly been an incredible honor for me. america is the greatest country on earth and, at least when my speech started, was still a nation rated aaa by standard and poor's [laughter] . thank you -- by standard and poor's. [laughter] thank you and good night. [applause]

>> i tried to write paragraphs of images. >> carol guzy has won the award more than any other journalist. >> we get to experience so many parts of the human condition on so many different levels. >> she will talk more about her craft sunday night on c-span's q&a. you can also download a podcast of q&a. it is one of our many signature programs available online at c- span.org/podcast. >> now the white house correspondents annual black-tie dinner. the dinners began in 1920 and were usually attended by the president. 13 presidents have attended a wuch dinner, beginning with calvin coolidge. we will begin with the arrival and then we will show you the

program with speakers president obama and comedian seth meyers. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] [unintelligible] >> when i am on the red carpet, i always think -- it is always a pleasure. i love this. thank you, thank you.

>> favorite moment? [unintelligible] >> what is your take on --

>> i think your hair is on fire. i do not know. [unintelligible] hoff to present the

white house correspondents' association scholarship. >> the first lady and i thank you all. the first lady and i have the >> the first lady and i will present the awards this year. we will start out by presenting the first one. the white house correspondents association scholarship prize is a onetime award of $7,000. this year of three recipients or three students from howard university.

noel jones, camille grayson, and seth lennon. [applause] congratulations. [applause] thank you to a gift, the white house correspondents association has established the deborah owens scholarship to benefit qualified students at northwestern university's school of journalism. two students will each receive a

$5,000 scholarship. alexandria wright and carl re dron. [applause] we are going to a war and bought thousand dollar grant to a student who intends to return to the middle east to continue our journalism career.

[applause] the association supported nine graduate students at 2005 under dollars per student to study in boston for a semester as part of the university of aubrey -- university's well-established program. [applause]

we also support students at the school of journalism for a $5,000 jetports a postgraduate degree for a student in the government and public affairs reporting class. this year that student is courtney. [applause]

>> thank you, mrs. obama. congratulations to our scholarship winners. in addition to awarding scholarships, the association also helps local schools your training young journalist. here is an example of how it works. ♪ >> i just love to write.

joined the newspaper. >> i thought about clothes and style guides. >> our newspaper has been a deep thought organization for about seven or eight years. we were helped to get started again by offering us an opportunity to work with a professional. i am a librarian. i am not a journalist. >> she deftly at a great influence on the students. >> i was a part of the prime movers program. i remember one time she was looking at an article i had written. she pointed out the fact i use the word "unwell." she asked why i did not use "sit here "i was not sure that students who went to the nurse or six. then they had just thebeen unwe.

>> we have to inspire in young people a desire for a media career. we also contribute to the future diversity of the media. when i came to the washington post in the '60s, i was one of the very few people of color. i have learned the importance of having diversity in the media. >> it is a career path that some of them were interested in choosing. others just wanted to find out more about it. it is a way of us talking about careers at a time in their lives when they are thinking about that. >> when we went downstairs, i cannot believe my eyes. here were journalists who produced articles. the press secretary of the united states of america knows these people by name.

i have to rise to the level of work they put in to get there. once you get to that position in life, you have reached the top. >> the students are making inroads in college. >> it was important in helping me. this girl helped create a newspaper at her school. that was good. >> i do not know what i would have done without this experience. [applause] now we have some grown up prices. the edgar allan poe award that honors excellence and news coverage on events of significant national or regional importance, written with fairness and objectivity.

the 2011 winner is michael "seattle times." [applause] >> there is more. the memorial award for excellence in presidential news coverage under deadline pressure has a print and broadcast category. the $2,500 memorial award for

2011 print category goes to dan balz of the "washington post." [applause] the 2005 hundred dollars award for the broadcast category, my buddy from abc news. [applause]

>> well-deserved. >> and finally finally, the award given by the chicago tribune co. in the amount of $1,000 goes to peter baker of the new york times. [applause] [applause] >> and that concludes our awards. thank you. let's have a big hand for bob schieffer, the host of "face the nation" and the pride of texas christian university. now, ladies and gentlemen, it's time for a toast.

in its 97 years, the white house correspondents' association has had only one toast and it's to the president of the united states, so let's raise the glass. mr. president, cheers.

[unintelligible] ladies >> ladies and gentlemen, the president of the united states. ♪ ♪ when it hurts inside you have to take a stand you don't have to hide if you hurt my friend, you hurt my pride i am a real american fight for the rights of every

man i am a real american ♪ >> everybody, please have a seat. [applause] my fellow americans -- [applause] it is wonderful to be here at the white house correspondents' dinner. what a week. as some of you have heard, the state of hawaii released my

long-form birth certificate. [applause] hopefully, this puts all that to rest. just in case there are any lingering questions, tonight, i am prepared to go a step further. [laughter] tonight, for the first time, i am releasing my first birth video. [laughter] [applause] now, i warn you -- [laughter] no one has seen this footage in 50 years. not even me. let's take a look. ♪

[applause] oh, well. [laughter] back to square one. i want to make clear to the fox news table, that was a joke. [laughter] that was not my real birth video. [laughter] that was a children's cartoon.

[laughter] call disney if you do not believe me. they have the original long- form version. [laughter] it is good to be back with so many esteemed guests, celebrities, senators, journalist, essential government employees -- [laughter] nonessential government employees. [laughter] you know who you are. i am looking forward to hearing seth myers tonight. [applause] he is a young and fresh face. he can do no wrong in the eyes of his fans. seth and i have enjoyed a lot of laughs. [laughter]

i think it is fair to say that when it comes to my presidency, the honeymoon is over. some people now suggest that i am to [unintelligible] -- to professorial. i would like to assign all of you summer reading so you can draw your own conclusions. [laughter] others say i am arrogant. i found a great self help tool for this -- my poll numbers. [laughter] [applause] i have even let down my key core constituency -- movie stars. matt damon -- i love the guy. he said he was disappointed in my performance. well, matt, i just saw "the

adjustment bureau." right back at you, buddy. [laughter] [applause] of course, there is someone i can always count on for support -- my wonderful wife, michelle. [applause] we made it a terrific team at the easter egg roll this week. i gave out candy to the kids and she snatched them back out of their little hands. [laughter] snatched them. [laughter] where is the national public radio table?

you guys are still here? that is good. [laughter] i could not remember where we landed on that. [laughter] i know you were a little tense when the gop tried to cut your funding, but personally, i was looking forward to new programming like "no things considered." [laughter] or "wait, don't fund me." [laughter] of course, the deficit is a serious issue. that is why paul ryan could not be here tonight. his budget has no room for laughter. [laughter] [applause] michele bachmann is here, i understand. she is thinking about running

for president, which is weird, because i hear she was born in canada. [laughter] yes, michele, this is how it starts. [laughter] [applause] tim pawlenty -- he seems all- american, but have you heard his real middle name? tim hosni pawlenty? [laughter] what a shame. my buddy, outstanding ambassador john hudson is with us. there is something you may not know about john. he did not learn to speak chinese to go there.

[laughter] oh, no. he learned english to come here. [laughter] [applause] and then, there is a vicious rumor floating around about mitt romney. i heard he passed universal health care when he was governor of massachusetts. [laughter] someone should get to the bottom of that, and i know just the guy to do it -- donald trump. [laughter] [applause] now, i know that he has taken some flack lately, but no one is happier, no one is prouder to put this birth certificate matter to rest than the donald. that is so we can get back to focusing on the issues that matter like did we fake the moon landing?

[laughter] what really happened at roswell? [laughter] and where are biggie and tupac? [laughter] [applause] all kidding aside, obviously we all know about your credentials and depth of experience. [laughter] for example -- seriously, just recently in an episode of "celebrity apprentice," the men's cooking team did not impress the judges from omaha steaks. there was a lot of blame to go around. you, mr. trump, realized the real problem was a lack of leadership. fortunately, you did not blame

lil john or meatloaf, you fired gary busey. and these are the type of situations that are difficult. [laughter] [applause] well handled, sir. well handled. mr. trump certainly would bring some change to the white house. we will see what we have got up there. [laughter] so, yes, this has been quite a

year in politics. but also in the movies. many people, for instance, were inspired by "the king's speech." [applause] it was a wonderful film. some of you may not know this, but there is a sequel in the works that hits close to home. because this is a hollywood corralled, -- hollywood corralled,tonight, i can offer a sneak peek. can we show the trailer, please? >> the following preview has been approved for all audiences by the president of the united states. the film advertised has been rated "u" for unwatchable. the year is 2011 and opposition rises. >> congressional republicans could force the federal government to shut down. >> the president must face his greatest challenge.

>> from the people who brought you "universal health care" and the huge backlash to "universal health care," comes the following true story. >> they say that -- let's try that again. >> the president has lost his confidence. has he lost the magic? >> he has gone from yes we can, to know we cannot. >> i cannot forget that. >> also -- i will also visit -- also visit july. ok. let's try that again. >> in his darkest hour, the president turned to a man who never let prepared remarks stand in his way. >> axelrod told me to use the teleprompter, but i told them i

am much better when -- -- i am much better when i win it. >> he broke all the rules. >> his mother lived in long island. >> god bless her soul. his mom is still alive? god bless her soul. >> he spoke from the heart. >> i have never seen so many damn insurance commissioners. i am not at all. actually, i am. >> it is the story of friendship. >> but mostly, it is this for two hours. >> and someone we appreciate even more, natalie portman. this is not on the teleprompter, but she is a heck of a lot better looking than rahm emmannuel.

quite this fiscal year, joined two time grammy award winner >> barack obama -- renowned baseball enthusiast, michelle obama -- and amtrak's passenger of the year three decades running, joe biden. >> there goes by then again. >> as the president loses his teleprompter. the president's speech. >> we have our outstanding vice-president, joe biden up here. >> coming to a theater near you. [applause] let me close on a serious note -- we are having a good time, but what has been true in the

last several years, we have incredible young men and women serving in uniform overseas in the most extraordinary of circumstances. [applause] we are reminded of their courage and their valor. we also need to remember our neighbors in alabama and across the south that have been devastated by terrible storms. [applause] michele and i were down there yesterday and we spent a lot of time with some of the folks who have been affected. the devastation is unimaginable. it is heartbreaking. it will be a long road back. we need to keep those americans in our thoughts and in our prayers, but we also need to stand with them in the four months and, perhaps, years to come. i intend to make sure the

federal government does that. i have faith the journalists in this room will do their part. report on their progress and let the rest of america know when they will need more help. those are stories that need telling and that is what all of you do best, whether it is rushing to the side of a devastating storm in alabama, or braving danger to cover revolution in the middle east. in the last month we have seen journalists threatened, arrested, beaten, attacked, and, in some cases, even killed simply for doing their best to bring us the story, to give people a voice, and to hold leaders accountable. through it all we have seen daring men and women risk their lives for the simple idea that everyone deserves to know the truth.

new ones should be silenced. that is what you do. at your best, that is what journalism is. that is the principle that you uphold. it is always important, but it is especially important in times of challenge like the moment that america and the world is facing now. i thank you for your service and the contributions that you make. i want to close by recognizing not only your service, but also to remember those that have been lost as a consequence of the extraordinary reporting that they have done over recent weeks. they help, too, to defend our freedoms and allow democracy to flourish. god bless you, and may god bless the united states of america. [applause]

>> ladies and gentlemen, we are pleased to have with us tonight the head writer of saturn night -- saturday night live, the anchor of weekend update -- mr. seth myers. [applause] >> hello, i am seth myers and i cannot thank you enough for having me tonight. i will be making a lot of jokes about many of the people in this room, but do not worry. i ensure you that no matter how harsh the jokes, they have been vetted by chinese president hu jintao.

i will be sitting at a table with president obama, a man i greatly admire. it is an honor to perform for the leader of the most powerful country. -- most powerful/poorest country. before i start, these are my birth certificate jokes, so thank you for the timing on that, mr. president. now unusable. we have been working on these drugs for months. we were worried we were a little heavy on a birth certificate geddes. what if they released them before the dinner? i was like, "why would he do that? they will not wait three years and release it before the dinner." to tell you my birth certificate jokes. it was a staunch was it not? -- it was assange, was it not?

is biden still vice president? god bless america. i am honored to be performing for those of you here tonight as well as the handful of people watching at home on c- span. [laughter] c-span is the official network for wide shots of empty chairs. every time i tune into c-span, it looks like they just had a fire drill. c-span is one unpaid electric bill away from being a radio station. people think bin laden is hiding in the hindu kush. did you know that every day from 4:00 until 5:00, he hosts a show on c-span? i usually work on nbc, so tonight i am thrilled to be on a network people actually watch. this makes me the third highest

rated show on nbc. [laughter] comcast bought nbc this year. i am assuming by accident or when goldman sachs cut off the network and bundled it in a cdo. i thought this was the only room this joke would work and it only kind of did. it will not be joining me on the road. it is amazing to be in washington d.c. with all of its history. all of these amazing buildings. here we are at the hilton. [laughter] the red carpet outside was amazing. what are you wearing? what does it matter. i am going inside the hilton. [laughter] i am very happy we are at the hilton. no matter how i do tonight, i am earnings hilton honors points.

[laughter] you may not like these jobs, but i will be laughing all the way to a free breakfast. [laughter] for those of you who do not know, the white house correspondents' association is an organization of journalistic cover both the white house and the president. jon kyl told me that 90% of what they do is abortions. [laughter] tonight is about the after party, not our political differences. i keep hearing about how everyone is excited to go to the bloomberg party. you know how i know i am not in new york? in new york, no one is excited to go to a bloomberg party. [laughter] [applause] in new york, a bloomberg party is fight people smoking outside a bar complaining about bloomberg. [laughter]

i am contractually obligated to attend the msnbc party tonight. everyone knows how that works. president obama makes the kool- aid, and everybody their drinks it. [laughter] to close to my home? there are actually some unscheduled parties happening tonight. fox news is having a party. security is tough, some might sure you bring your driver's license and your long for a driver's license. -- and your long form daughters license. -- a driver's license. if you are blind, just bring that dynamite smile. the new york times party used to be free, but tonight there is a cover. like everyone else, i will probably just go to the huffington post party. the of the deposed party is asking other people to go to other parties first, steal food and drinks, and bring it there.

[laughter] [applause] i love arriana huffington. she sounds like a woman who should be sitting up in bed with the sheet wrapped around her while james bond walks through the door. will i see you again james? [laughter] andrew breitbart's after party will be crazy. it will not be good, but it will be crazy. [laughter] i met james o'keefe last night. i thought it was them, but it may have been a regular pap to disliked organized labor. imp who hated organized labor? party be when it is held in accordance to this is the year of sweeping changes happening.

katie couric and now she is leaving cbs. she was known best for asking tough questions like, "name a newspaper." [laughter] years of hard-hitting questions and she will be known for a woman who doubles a category on family feud. follow-up question -- name something you keep in your attic. [laughter] katie is one of the many departures will seen this year. npr fired someone after he said muslims made them nervous. he is black and afraid of muslims. the is the least likely man to get a cab in new york city. [laughter] msnbc's keith olbermann was suspended for donating money. the punishment seemed rather harsh considering the slap on the wrist larry king got after

giving a buffalo nickel to the campaign of chester arthur. cnn replaced larry king with peirs morgan this year. out with the old, in with the who? rick sanchez, few are gone, but you are forgotten. -- you are gone, but you are .orgotten period not everyone is leaving, anderson cooper is still over at cnn. i love watching reports from the field. you can tell how much danger he is in a buyout like his clothing is. if he is in the yellow slicker, is a hurricane is still offshore. if he is in a khaki vest, he is in the greens all in baghdad. when he is in the child sized white t-shirt, he is pulling kittens at the rubble. if you ever see anderson cooper with his shirt off, turn off your television and run. [laughter]

msnbc has a new slogan this year -- lean forward. as if the problem has been that we could not hear them. at the same hardball? chris matthews yells like an auctioneer in a wind tunnel. i never watch "hardball." i need to get a little closer to this. now more than ever, it is clear the media is changing. news outlets or adapting to an on-line world. even bloomberg news is on the twister with an impressive 220,000 followers. only 20,000 less than a cobra that escaped from the bronx zoo. my friend and colleague from nbc, brian williams, is here tonight. he said tonight as the elements he most respects in an evening -- cameras. i am not same land was being on tv, but when he went to egypt, he heard it was because it with

their pilot season. i have nothing but respect for my good friend, brian. by and landed in london to cover the royal wedding only to turn back around and returned to america to cover the tornadoes in alabama the is incredibly brave and courageous, and that is a direct quote from brian williams. [laughter] this is that is being attended by many hollywood celebrities. john ham looks the way every republican thinks they look. since we are talking about celebrities, we may as well talk about the 2012 republican candidates. just look at the options at the republicans are kicking around. pailin, a to be, and gingrich, a drop.

-- palin, huckabee, gingrich, trump. they do not selling a field of candidates, they sound like season 13 of dancing with the stars -- and not the stars, the dancers. mitt romney wrote a book entitled "no apologies." no apologies? when you have to proclaim no apologies, is that not a cassette a mission u.s. made a lot of mistakes. when the first thing my girlfriend says is no apologies, we will have a follow-up conversation. [laughter] both rand paul and ron paul are talking about a run in 2012. they have something in common with my father and i. we also are not going to get elected president. [laughter] i want nothing more than to see a debate between father and son. rebuttal -- "you ruined everything." [laughter] tim pawlenty is considering a

run. if you look up his name in the dictionary, that is more exciting than listening to tim pawlenty. he makes al gore looked like ru paul [laughter] mike pukka be is considering a run. he once said the president was raised in kenya, went to a muslim school and hates america -- but beyond that, he looks like a sweet person. he sounds less like a presidential candidate, and more aunt.my ough [laughter] there is donald trump. he said he would run for president as a republican, which is surprising because i thought he would be running as a joke. [laughter] [applause] donald trott of what appears on fox. a fox often appears on donald trump's head. [laughter]

if you are at it was supposed table with them and you do not finish or on strike, do not worry. -- if you are at the washington post table and you do not finish your on strike, do not worry. the fox will eat it. if i can for a moment talk about the birther issue -- when did we get so suspicious about where people were born? a poll last week said that 38% of americans say the president was that of the board in the u.s. in the very simple, only 5% more said donald trump was definitely born in the u.s. do americans alike think americans were born here if they saw it? i know i was born here and i know my younger brother was born here. but when it comes to my older brother, i can only take him at his word. gary busey said donald trump would make a great president. of course, he said the same thing about a rusty bird cage he found.

donald trump owns the miss usa pageant. that will help streamline the search for a vice president. [laughter] donald trump has a great relationship with the blacks. unless the blacks are a family of white people, everything is fine. -- i bet he is mistaken. [laughter] i like that trump is filthy rich. his whole life is modeled in gold leaf and marble columns, but he still sounds like a know it all. he may not be a good choice for president, but he would definitely make a great press secretary. how much fun would that be? he was a loser. his latest rally was a flop. i feel bad for ahmadinejad. the man never wears a windbreaker.

he has no class. i, on the other hand, sell my whole line of ties. you can find that at macey's. in the flammable section. [laughter] it is not a strong field. who now you, on the other hand, mr. president, have a still little. what happened to you? [laughter] when you were sworn in, you look like the guy from the old spice commercials.

now you look like louis gossage, sr. maybe you should start smoking again. [laughter] is this the change your talking about? mr. president, look at your hair. if it gets any whiter, the tea party will endorse it. [laughter] i am going to get an angry voice mail from jenny thomas in 19 years. [laughter] but i believe the president would agree with me that the mood has changed a little bit since the beginning of his term. at the beginning, housewives were trying to sneak into the white house. not anymore. not everyone is leaving. but this time next year, it will be just you and joe biden trying to find comes for the coffee machine. i bet it is hard to get back into campaign mode again.

you know who is really getting it? will i. am. he is having trouble finding words that rhyme with "debt ceiling." [laughter] the heritage foundation predicted that he would get a standing -- that that joe would get a -- that that joe could get a standing ovation. of course, you still have joe biden. what can i say about joe biden that has not already been said incorrectly by joe biden? [laughter] i imagine having joe biden as a vice president is like taking your blue-collar debt to a fancy restaurant. he is more comfortable at the olive garden. he talks been little too loud and mispronounces the sauces. and you are inclined to lean over to the waiter and say, "i am sorry. he is from scranton." [laughter]

if he were not invited to the royal wedding, he merely said to the present -- you, me, "wedding

crashers ii." [laughter] i have two amtrak tickets to london. [laughter] [applause] the vice president loves trains. i assume it must have been hard for the president to tell biden that the new budget had $1.5 billion for high-speed rail. joe, come on in. take off your engineer's cap. [laughter] i have some bad news about the choo-choos. [laughter] as he broke the news, one of the straps on joe's overalls sallied troop off his shoulder. [laughter] -- on joe's overalls sadly drooped off his shoulder. [laughter] he believes the people have said loud and clear, stop using my tax dollars to take care of me. [laughter] i noticed in his approach to the public led many to praise paul ryan as a serious adult. nothing is more depressing in politics of that "unbilled" is now a compliment. that is only -- "adult" is now i compliment. that is only complement to a child. you even cut your own meat like a big boy. [laughter] congress, there are a lot of things you want us to be impressed by that you are not impressed by. we are not impressed that you stood next to each other at to the state of the union. you know what is impressive when people sit next to each other and have wildly different political views? thanksgiving. [laughter] the health care bill is almost

2000 pages -- good. a bill that insures 3 person in america should be longer than the girl with the dragon tattoo -- a bill that insures all the people in america should be longer than the girl with the dragon tattoo. i should wrap it up. i am getting the red light. not the one that signals i am getting at a time, but the one that signals that the c-span handy cam is running at a time. [laughter] i could not do my job if you did not do yours. it is fitting that this weekend happened on the same as the royal wedding. i could not help thinking how wonderful it is to live in a country that do not wear hats like that. [laughter] [applause] tonight has truly been an incredible honor for me. america is the greatest country on earth and, at least when my speech started, was still a nation rated aaa by standard

and poor's [laughter] . thank you -- by standard and poor's. [laughter] thank you and good night. [applause] >> that was terrific. thank you, set. thank you, mr. president.

everyone, if you will please keep your seat. [applause] >> thank you very much for showing up. thank you to my usa today colleagues, thank you to my friends and family over a year. good night, everyone. have a good time of the parties. have a good weekend and a good year. [applause] have a good weekend and a good year. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011]

[captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011]

feri morrow, susan for richio. then michael bocian and matt the mackowiak.

"washington journal," live at 7:00 a.m. on c-span. >> what i tried to do is tell a story with the visuals instead of words. i am basically writing paragraphs, it just happens to be with images. >> carol guzy has won the award more than in either journalist. >> the great thing about being a journalist is the variety that we get to experience some many parts of the human condition on so many different levels. >> she will talk more about her craft on sunday night on c- span's q&a. you can also download a podcast of q&a. >> now, facebook chief operating officer cheryl sandler. she talks about the evolution of social network and the impact of its 5 million users around the world pinchot also discusses its

policies about privacy and -- around the world. she also discusses its policies about privacy and content. this is about 50 minutes. >> thank you for joining us. the organizers thought about what would be appropriate. c-span is perfect because the audience really knows modernization. i was looking at the newspaper. over the year, the industry in the u.s. has about 40 paid readers weekdays and about 45 on sundays.

facebook is a place where 500 million plus people really engage. clearly, the founder had a great idea. but what is it about facebook that makes it so attractive to millions of people with more and more turning every day? >> thank you. i just want to say thank you to everyone for having me here. this is a very important industry. it really matters. it is great for me to have a chance to be here. i am grateful for that. facebook has grown really quickly. this is about an evolution from the information led to the social web. when you think about how will use technology and we're the only people at facebook close enough to remember before the

web, but when that happens, it was a place that we want to get intermission. most of what we did on the web, we do it anonymously. if i go to washingtonpost.com, i get the same article that i get with others. if i want the weather, i do get the weather. most of the time that i use the web, i am anonymous. i get the same information that everyone else does. i know what i am looking for when i go looking for it. facebook is totally different. we start from a very different place. mr. from replace the real identity. i have to be cheryl and he has to be just and then you have to be yourself. the product does not work if you're not yourself. people are able to make real connections. when i go on to facebook, i do not have a topic in mind at all.

but i'm there to hear what the people and connected to want to tell me. it is much more similar to how we live our lives. we live our lives not really profit driven, but going around and saying anything you want. this is a chance for you to use the power of technology and be who you are and connect with the real people in your lives. what we have seen over the years -- you're right, it has not been that many years -- the reason why there more than half a billion people all over the world using facebook is that this is really a transformative. it transforms our relationship in many ways. it transforms what it means to be a friend, what french it is, what communities. some of it is very challenging. one of the questions we get

pretty often is does not friendship mean anything if you can have 5000 of them? what is the communicate -- what is the community if you only communicate with them on line? this is a technology that gives the power to connect to people the way we were able to do so before technology. i have two young children could i live in california. i parents live in florida. a hundred years ago, there was no chance that i would have lived within a mile of my parents, right? but now i live really far away. but because of facebook, i parents get to see my children growing up every single day. this technology really takes the friendship to community and transforms it back. to remember the obama's election, right before he moved to washington people called him the facebook candidate. at first, it was not a compliment.

this will never work. but now, fast forward, it will be interesting to see what the next election in the united states and all the other elections around the world will look like. industries are getting results around social functionality in ways that we think will be very important for all industry and particularly for the media industry. >> what is it about this book in particular? others have tried to do something different or the same, but facebook is clearly the preeminent place. people put money into rivals to do the same thing. what is it about this book that makes it unique and has succeeded while others do not scale as big as you are? >> compared to some of the earlier players and aerospace, there are things that work -- players in our space, there are

things that work differently. facebook is a great technology company. some of the earlier technology players had trouble getting their sites up. we stayed very focused on what we want to be. we are a technology company. the continued to build technology and continue to change our technology so that we continue to be on the cutting edge. facebook transforms itself. 10% of facebook users protested change. everyone thought, this is terrible could this is a violation of privacy. people are pushing information to me. i do not want this. but if you look at what happened in the web, there are seeds everywhere that the technology to push was really transforming it. and now understand that it is not a problem with privacy, that it is not something they do not want. it is something they demand.

you mentioned your parents in florida and you're in california, but facebook brings it together. there are a lot of competitors and publishers in latin america. talk a little bit about what is happening to facebook outside of the u.s.. how many of your audience members are from outside of the u.s., beyond our shores? >> probably the great story of facebook international is how we internationalized. we put transition consuls and let our users translate the site.

there are a lot of words on a pair of 300,000 people all over the world got together and translated. spanish was done in two weeks. french was done in 24 hours. this was a community itself saying we want this and we're willing to put our work into it. over half a billion users all over the world, 70% are international. because of the way we build our product, facebook translates very well internationally. if you look at your pace, almost every bit of content is created by you or your friends. we are not a product that needs to be specialized per country. we are specialized per person. every single person around the world that has a facebook page has anebook profile o entirely personal experience. because of that, it works quite easily from country-to-country and language-2-language. it is greeted by that user.

>> in the last few -- it is created by that user. >> in the last few months, facebook has gotten some attention from the middle east and north africa. >> the first thing i say is that i do not think we have been credited and i do not think we deserve to be credited. there are very brave men and women into news and other countries who risk their lives and are risking their lives to reclaim what they wanted for themselves, which is democracy or a different form of government. for that, we are grateful, on, and do not believe we did anything like that can we create platform technology. it is technology that some people use around the world to poke each other. it is that exact same technology that people used to start this revolution. this is technology which enables a single individual to have an individual voice. when you think about it, historically, you had to be rich

or powerful or of great interest to the people in this room to have an ability to broadcast. if you are an ordinary citizen, you cannot wake up one morning and have a platform to reach the world. but if you're rich, powerful or really, you had the platform. you get on tv or get an interview with a leading newspaper. facebook has taken every individual and giving individuals the power of voice. when you think about the trajectory, in 2008, a young man, an unemployed engineer in columbia, oscar morales, he was very upset about the farc. he did a protest on facebook. two months later, 12 million people around the world into hundred cities marched against the farc. this is the largest anti- terrorist organization that has ever been seen. that was three years ago. he did not hold a press conference. he did not do it with a press

interview. he resigned on a facebook page. he used the same technology that oscar morales used. this is of the individual voice. this is about giving a reasonable person the kind of a voice that can be amplified the way only powerful people were before. and it is also about the light things like poking or remembering somebody's birthday or posting pictures. >> you mentioned obama being derisively called the facebook candidate in 2008. now we're getting ready for another election. it is not common for them to announce their candidacy or filing papers on youtube or on twitter. what are your thoughts on how

social media and facebook -- how you think they will play in the 2012 campaign? >> for the 2008 campaign, in the u.s., we were about 60 million users. for the next election, we will be ahead of where we are now, but we are over half a billion with 150 million in the u.s.. at that point, the demographics facebook in the u.s. were younger. now, we're basically spread of the same way the internet population did with a few percentage points. our fit -- are found it -- our fastest run population is over 65. it is safe to say that we will play a bigger role in the election. we think citizens can play a bigger role in the election. what is it about the obama election was how many young people who had voted that had not voted before. i think all elected leaders, even though i do not know them

well, they all had good intentions. they wanted to deliver for the citizens that they represent. this gives them a way to do that. i think candidates will as well. as more and more people use face big -- facebook -- 50% of our users come back every day. what they find is that you no longer can broadcast to the masses. you can no longer talk at people. you have to talk with them and to them. facebook is a two-way communication. if you are obama and you have a facebook page, you can broadcast out, but people can respond to you. and when they do, they can post publicly. this is an opportunity for every candidate to not just talk at constituents, but to talk with constituents. we hope that that will make for a more robust and engaging election. >> not everyone in our audience knows what is happening on your campus on april 20. is president obama stopping by? >> i think president obama will

be by to do a facebook live. former president george bush did when recently as well. and he is coming to talk in front of the facebook committee, but really in front of the global biz the community because we will live streamline his -- global audience -- he is coming to talk confronted the facebook community, but really in front of the global community because we will live stream his visit on his page. >> al cronin was credited with creating a page that helped in egypt. >> as a company, we are mission-

based. mark founded facebook because he believed that the world would be better if people were more connected. putting technology behind individuals. not just information, but individuals. that was profound. it would have profound impact on personal bush's judge, institutional and -- personal relationships and institutional relationships. but we also take great pride on the other things that happen. this morning, there was an article in "the l.a. times." it said that someone donated his kidney to a stranger on facebook. this is really important. i studied economics in college. economists talk a lot about the invisible victim. need100,008 people who donat organs. it is hard to donate your kidney to a number. but someone went on facebook

recently and saw a post from someone who had been failing kidney and was five years away from getting one. and he said, wow, that person looks like me and i can save that life. we gave that donor and the person who needed the organ a real voice. that is just as exciting and as important. google has a relationship with the newspaper industry. there is a sense that, even though they do not create any content, there are so many areas that are competing with business and making it harder for us to do better on digital than we otherwise would. how you view facebook in terms of its relationship with newspapers? >> we think about this a lot.

we want to make sure that we are a great partnership company because we are a platform. we are a platform company. that means we put that technology that other people can use. if our mission is to be the technology people used to share everywhere they are, we need great relationships with the media. we need great relationship with different websites and different companies. we are very focused on making all of our technology available. we pushed our technology to such a that you can use it where you are. you can login, see what your friends have done. you can use facebook technology without coming to facebook. that is really important to us. our view is that everything is better when it is social. if we want to give every organization the power for things to be social -- for the news industry, this is particularly important. i am a huge believe in the importance of what this industry

does. the question is how will people discover news? the hard news, the edited news, the news that is right and keeps our local officials honest, that does what our heroine of the day does herself. one way to get there is that their friends tell them. in the last year, since we pushed our facebook technology to website, the average of the media companies that have integrated our technology has seen a 300% lift in traffic from facebook. that means we're delivering three times more traffic to more readers to their web sites. it makes sense. if i pick up the paper and read something, i will read it, particularly the papers i read every day. but if a friend walks up and says, cheryl, hey, read this. you might pay more attention. when readers come to media sites from facebook, they are

more engaged. and they stay longer and they, in turn, bring their friends with them. in a world where people are spending so much time on facebook, there's so much social sharing and we want news to be a big part of that. this making it -- this means making it work for you guys. >> there are 30 billion pieces of content you don facebook. >> we do not create any content ever. there is a funny story on this. i have been at the company not so long and michael phelps had won his eighth gold medal. i thought it was a big deal. he kept getting on tv and thinking facebook. really? right afterwards. he was keeping touch with everyone on facebook. i thought this was so fabulous. facebook had a long history of no editorial voice. that basically meant do not create any content. but i thought, it was nice of michael phelps to thank us. i talked with mark into putting a sign on our site which says

facebook congratulates michael phelps from the u.s. olympic team. we did not think of it much. it was a tiny thing. the company internally went crazy. not just because we had editorial voice, but because mark and i had decided over the weekend without them. this was just unacceptable. by the end of the week, mark and i apologize. we said we would not do it again. that was our toe in the water of content. we just do not to do it because it is your page and it is your experience. so we do not create content. but we do enable people to share content. that, we think, is very important in this industry to request your pretty actively reaching out. facebook media page has been there for a while. you just started a journalism page. tell us a little bit about why

you are being more proactive about it. >> we just lost a journalism on facebook. we have 20,000 people who have liked our page. the page is geared at journalists to help them see how other trellis are using the page. we are -- how other journalists are using the page. meet-up on having a need u the campus. over 500 journalists around the world are signed up to go. we think journalism being engaged with facebook is important. we see great examples of people, reporters actually using facebook to do some of their reporting. getting on facebook and say, hey, this situation is happening. npr has done this famously. they will get people who will volunteer and interview and following leads. we have seen how journalists' use facebook to share in real time.

one that got to me was nicholas posting from tahrir square saying, wow, i can feel this. i also think that we can create more distribution for the media industry. this is a community where there -- we're silly very small company, but this is our vertical view -- we are still a very small company, but this is our vertical view. >> they did a lot of examples looking for questions and they get a lot of examples back. when a company like coke can use facebook to a friend-source, are we being too novice about news

and get more than we should be? >> i have a bias dancer about this question. i think everybody should use facebook for everything, maybe not everything, but for most things. facebook is about technology and towering two-way dialogues. the more you can bring the people you are trying to reach into your process, whatever it is -- by the time coke launched, they had a great result because people selected the vitamins, the flavor, the packaging. they engaged with their consumers and it was important for them. when people bring people into the cycle, it has been beneficial. one thing we also believe is that real identity is very important. when people make comments, which everyone in this audience is so familiar with on your web site,

when they make comments with their real identity, they are often higher quality because you have real identity. you have their real picture and real name. they are willing to do thoughtful work. that engagement really makes a difference. >> [unintelligible] >> i do not know enough to say that. if you're working on a big scoop, you probably should not post on facebook before you publish. but, as a reader of the news, one falloff is one story follows one story follows one story follows one story. once you get your scoop, engage your community. >> what is your part of ensuring more aggregate data and telling us more about how people behave on facebook on an aggregate level? there are a lot of consultants

who tell us how to best use facebook. this book seems to believe that data is individual, but we are not in the business of sharing aggregate level data. do people read more sports at 10:00 p.m. overall without telling us who those individuals are? >> this goes to the question of data and control on facebook. the most important thing is that we never give personal information to any institution or organization or person on facebook. it is your data. is your information. you can post it. you can believe it. you can share it with someone. you can share it with the whole world. or you can share it with two people if that is what you want. in terms of aggregate level data, we do provide some of it. we publish something every now and then about what people are looking at. but we're not in the business of publishing aggregate data. we're focused on the experience

for individual users and on the experience where by institutions can connect with those users. >> you talk about the french idea. in that -- you talked about the friends idea. we do some content and some aggregation. the model has been that we are the gatekeepers burrand the peoe would come to us and we would be the filter. your social need a model basically lets the people decide what they want to read. if i am aljazeera and i stream all my view on facebook, great audience, how do i make money? that is the concern that the industry has. what is the opportunity for us to make money? will it ever come back -- will

they ever come back in the future or will they stay on facebook? >> for the most part, we do not post those kinds of content. we have pages and canvas pages where you can put it on a public page or download an application. but most of what happens on facebook is links to your site. the article i saw this morning was my friend posting an article and it was a link. when i clicked on it, i clicked it and read it on "the l.a. times" site. we're not taking readers away.

there's basically two models. users can pay and advertisers can pay. all of them boil down to one of those two groups. over time, it has always been some combination. some users will pay. some advertisers will pay. advertisers will experiment in one direction or another. i think the pressure put on the industry is to provide truly differentiate content. will users pay for the news magazine or newspaper that continually provides the best coverage? the story's first? the best analysis? the best editorial voice? i think they will. i subscribe to several newspapers and i will continue to do so.

the pressure to find the differentiated product is there and the pressure to find accommodation is there. everything that is a bright spot for the industry is that time and attention has moved on-line faster than the moderate physician. so advertising dollars have nukes on line. but, in the u.s., the time when world gets 15% of the advertising dollars. as advertising dollars move online and readers move, and, i think newspapers will be able to participate in that as well. that trend should be helpful as well. >> it is worth reminding that facebook is actually safe. >> when i say that, people use it as a headline. we are free and we will continue to be free. it is really important to people that it stay free. that is why every time i sit someone publishes it. we monetize ourselves through

our site. >> i asked a few people what questions they would like to ask. >> people could sell subscriptions on facebook right now. they can sell them on their pages or build an application. we do not offer a subscription product that helps you do it. but you can build it yourself and do it. as we think about what we will provide, we have a couple of principles. whenever we provide, we will provide to everyone. if we were to provide a way for an industry to sell subscriptions, we would put out that technology broadly and let people use it.

in fact, we have a lot of technology out. warner brothers went on their own and started selling some movies. the other principle we have is that we do not disintermediate. if we were ever to do anything in that space, our model would be very clear, that we are enabling you to provide that direct connection. it depends on the model. what warner brothers did is use our public api and facebook credits to sell movie titles. we do take a percentage. they are establishing direct

relationships. >> the issue of who owns the customer data is growing. >> we would never give data to you. we would allow your customers to give you data. i could come on and say -- you want to connect with facebook? you say yes. >> we have a couple of questions on privacy. the conversation shifted to facebook makes it hard to manage privacy. in the last year or so, there has not been much conversation about procyon facebook. what have been the lessons of that dealing with privacy issues and what are your overall thoughts about how facebook approaches it? >> privacy is at the of most concern to us.

-- is of the utmost concern to us. interestingly, facebook -- that is one of the things that made us stand out from the others. facebook really kind of invented on a large scale more granular pricing control. let before facebook, things were open or closed. your corporate e-mail, closed. stuff you put on a website, open. this book came up with a totally different offering. you can post something publicly and some things privately. if i put it picture on facebook today, i can share it with my mom and my high school girlfriend and all of my colleagues at facebook or the entire world. no one else offers the ability to control your privacy with every single thing you do. that offers more control that we have never seen before. that is because we cared so much of this. it is what made the facebook

grosso quickly. on the other sand -- on the other hand, that is also more confusing. we think about this a lot in the sense that there is a direct tension between control and simplicity. we could make it super simple by just making it all clothes or all open. or we could give you a perfect control, but that it's pretty complicated. about a year ago, everytime we rolled out a product, we cared so much about privacy and so we put out a privacy control. we did two things. we left at the granular pricing controls for people who still want to use them and are not confused. there is a good percentage of our users who can do that. by the way, your teenage kids are among them. they know exactly how to use our privacy controls because they want to post the right pictures to you and the ones that only go to their friends.

it is true that the younger users are incredibly sophisticated. you have a very detailed privacy control detail still. and we have some simple controls that provide control. as we think about privacy, we want to continue to air on the side of control. we want to continue to give people the ability to control their information, even if they have to learn something to do it. users are getting more sophisticated. 65-year-olds could not do things last year and can do them now. we want to continue to have privacy be as easy as possible. right there, you can see it and the better off you will be. >> i want to us one more question and then turn to the audience. there is a lot of conversation in washington about this idea of

cookies and putting some restrictions on advertisers to be able to track their users. on one side, it is a good thing to tailor advertiseradvertisingo users. what are your thoughts on cookies and should the government be putting or offering some restrictions on that? >> the facebook advertising model is very simple. it sets the standard by far for privacy on the internet. we host and serve all of our own ads. we never give out any individual information to any advertiser. we do not cookie anybody for purposes of tracking or following a brawl. we are not involved in this. -- or falling at all. we're not involved in this. -- or following at all. we are not involved in this.

there is some concern with some of the practices on the web. some users are not sure what is happening with their data and that is something that is of concern. it is why we run our ad system the way we do. we know that we are treating each user's data that carefully. >> i will open up to questions. tell us who you are. just a reminder, the questions are for members only. please. >> given your state of concern about privacy, i wondered if you could comment specifically on the legislation that is being prepared by senator john kerry and john mccain that would place tighter controls on the kind of information that is trapped on the web. he has said, for example, that

individuals will never tolerate followingvacy detective them around. i understand why they should tolerate that on the internet. on the other hand, you make available to marketers, i believe, the opportunity to market these people who engage in certain kind of behavior or certain kinds of connections are certain kinds of interest and things of that sort. so that information is changed in house at facebook. what are your thoughts specifically on that legislation that is being prepared by john kerry and john mccain? >> our staff is working with the staff of senator kerrey and senator mccain on the legislation. it has been a good process. i can comment on the specific legislation. but we think it is very important that users understand what is happening with their information. we think it is really important

that there is transparency for you in what is happening. we're glad to work with them on figuring out the right way to do that and making sure that we are balancing that with the ability to continue to innovate. >> would users be allowed to forbid any information to be used by marketers at all on their facebook page, a block on any opportunity to use their behavior on facebook for marketing purposes? >> this question, as a couple of different concepts. there is a concept in marketing call behavioral trading. that means you're figuring out, based on people's behavior, the searches they do, the websites that go to, who they are. we do not do that. we do not track people around the web to figure out what they are doing. we enable marketers to target certain demographics, which is not the same thing as behavioral

targeting. when i think is really important is the public debate. the public debate on transparency is for people to understand how they're marketed to, how their information is used. we want that for users. i think everybody wants that for users, including the senator. >> question here. >> yes. >> you will want to go to the microphone because they're keeping it. if anybody else wants to do a question of that, please go to the microphone. yes. >> i am marjorie miller from inhe associated press" u south america. you feel there is a regional or national difference in the way different people use facebook? a lot of us are from latin american media and are looking for ways to use facebook for our own purposes.

do latin americans or spanish- speakers use it any differently from french or english or other countries? >> that is a great question. i think each individual uses it differently. but there is no difference is that we can see between countries. basically, people post pictures. the content of those pictures may be completely culturally different. they will take into account what is culturally approve it to post. they look at different size depending on what they are in. but the picture posting, those are the same behaviors' and we see them all over the world. >> are there any other conditions that you have discerned -- malaysia, people are much faster than say ecuador. do you see any patterns? >> what tends to happen -- certainly, we think of our penetration as penetration of

the internet-connected population. you have internet access and you're connected to the web. some people access through a mobile device. we do not see differences in that. we see that facebook is able to grow more and more rapidly in different parts of the world. >> the managing director of communications -- he said that facebook is a company about technology. i said i understood you, but facebook is a company of human beings. so which of the two? >> that is a great question. >> he was misquoted. >> you're getting credit for

that. you're being complemented. >> we are a company about technology that is empowering human beings. what is interesting about that is that we basically think that all industries will be redesigned that way, around what we call social design. i will give you an example. the person here posted a photo on facebook. if you compare our photo product to any other on the web, ours does not do very much. you cannot crop or sand or change your gray hair. it does exactly one thing. it is social. it offers far less bells and whistles than any other photo product on the web, but is by far the no. 1 in the world. that is because the power of social technology is a combination of the two things you asked about. it is that powerful. when you look at the media

industry, this is important for that, too. "the huffington post" has used facebook and integrated very deeply. it has seen tremendous growth and more engagement. the other industries like the gaming industry. 200 million people play games on facebook. that is more people than play games on the different platforms combined. we are technology and we're social. when you actually combine those things and design for a social industry and for a social experience, it is extremely powerful. if i was in this audience, i how i would engage my readers from the beginning and take them all the way through the end. the more social the experience, the faster the growth. if you will be technology or social?

social by design, what does that look like for each industry? >> and u.s. that question 4:00 p.m. your time. >> that is right. >> i want to ask a couple of questions about what scares you about the future of facebook. i want to post two possibilities. when you said that the fastest growing audience on facebook is over 65, my children did not like that at all. they felt it was going in a different direction that they did not want. of course, that is one. is there something for there is the core audience that says that facebook is so yesterday that we will go somewhere else? the other question is about this whole issue of social engineering. do you ever worry that the tool of facebook could be used by a socially savvy desperate for someone who can use the someone who can use the technology as a way