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tv   Stossel  FOX News  September 22, 2013 7:00pm-8:01pm PDT

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circumvented due to rules and house in the senate. >> it will not be de funded. >> give yourselves a big hand. thank you for being with us. see you back here monday night. >> will future. >> faster and cheaper. >> when everybody asks into the global market great ideas flourish. >> he is either a visionary or barking mad. >> is this a good idea? >> plastic guns you could make it your own home. >> this ought to be stopped. >> the coin is the sfirns tralized digital currency. >> will technology, freedom prevail? >> you talk about things that will transform life as we know it. >> innovation nation that's our
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show tonight. >> and now john stossel. >> the iphone is now just 6 years old. already i take it for granted. i take it for granted that i can press a button and start a car. to find out how to get where i am supposed to be going my gps system talks to me. >> now turn right. >> i don't that's special any more. i take it for granted i can cook my food in minutes. >> disabled people now have better ways of getting around. what innovations are coming next? he started the institute for global studies. what is next? >> robots that clean your house and also find businesses and new
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customers for you. maybe you will piggyback on hyper loops. that who is next is computers and robotics. the limits are unlimited. barriers aren't there for entrepreneurs of the future. >> this is from the entrepreneur you are impressed by. >> this fellow really has the dna of sill done valley's next generation if you will steve jobs. also you buy tesla electric cars. stocks are climbing he is doing something right. >> let's break this down. talk about tesla and the stock is going up. you worked for steve jobs he is
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getting government handouts for a car that cost 60 to 100,000 dollars the toy for rich people subsidized with 7,000 dollar tax credits from not so rich people. what is great about that? >> keep in mind he didn't really need the billion in change loaned from the government. he did pay that back. also his first innovative break through was takeout. early takeout inventor. he disrupted the bank money. he didn't borrow that money. he had people lining up. he can keep up with that. i drove on recently i there is a
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model that will be half price. a lot of renovations whether they are computers or robots they turn out to be expensive guess what? numerous entrepreneurs innovate and that price point comes downtown down>> to push back they are selling all of these cars 21,000 they sold. toyota sold almost 10 million cars. kia sells 2 and a half million. that is 130 times more cars. i think this is a government subsidized scam for rich people. >> it may turn out to be that he has pioneered a new fwier ward. the next car will be half the price. let's see if he can deliver. >> entrepreneurs are spending their own money.
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explain hierp loop. it is like a vacuum tube for humans? >> it will be driven by electric and solar. there will be tubes if you will. you will have ford inside of a capsule and it will move very quickly like a bullet train through a program that gives you accelerated speed quite frankly they deliver. the price tag is not mauler. you are talking 6 to $8 billion. >> the california san francisco los angeles train is already up to 100 billion. >> that is correct. with hyper loop he is testing the water. let's see what he does. >> people once assumed only government could or would have
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rockets. it was nasa that has americans to the moon. that was more than 40 years ago. remaining 40 years several years ago entrepreneurs a prize any one could launch any one in the space for two weeks. one company spent less than nasa spends. space ex run by musk has inventive technologies that make launching rockets much cheaper and makes money doing that. >> space x continues for the international space station from u.s. soil. >> why is this a break through? >> well, i think the space in history represent space itself as a commercial opportunity represents tremendous new opportunities for entrepreneurs for new products new services certainly jobs and being
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developed invented and deployed in the united states gives us a chance to re-invent a entirely new kind of industry. that can be a customer for space x. >> that's how they nashg money? >> that's correct. >> they have got other government and private sector organizations that are now recognizing gee we would like to take a look at space. a lot of folks are looking at space tourism such as gvirgin, galactic and other folks. space x demonstrated he can put a rocket into space. he delivered two pay loads now. he moved toward commercial pay loads and it will open up a whole new category for commercializing space. a lot of people don't understand you could make the
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pharmaceuticals you could make certain materials you could make the product in 0 gravity. >> when you talk about computers doing more that makes you think about watson the ibm computer that went on the quiz show jeopardy. >> this is watson. >> could the computer beat the best human. >> ibm computer system against the two most celebrated successful players in jeopardy history. >> who is michael phelps? what is staggering genius. and now you say we are soon going to see robots that act like doctors? >> i would like to have the best decisions made by my health when i go to the hospital. wouldn't you? that is what watson is trying to do to be a decision support enterprise to help doctors and hospitals understand it better through data analysis and make better care decisions that are
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going to relate to whether you should have a certain drug or maybe you shouldn't. >> thank you james. i hope we do show that it is possible. we have seen rockets launching into orbit. what if you want to go further? that will ultimately be possible in 10 years. >> from now on you won't just be visiting planets. you will be staying. >> inhabitants wanted for mars in 10 years? yes says an entrepreneur who started the marred foundation to land people on mars by the year 2023. come on. >> it sounds very ambitious when you first hear it but when you realize the difference between urban settlements sending there
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and trying to get you from mars back to earth then you realize why that is really what makes it possible. we don't have the technology to send you back to earth but we have all of the technology to get you into earth's orbit. >> and people are signing up 165,000 people and paying actual money. >> i think people have been waiting for this for so long. you said it it has been more than 40 years since people walked on the moon. >> all of these people they pay a fee $38 from the united states. >> that is right. we see the fee as the first selection rounds do i feel confident enough am i good enough. >> you really go there to live.
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you are a mars inhabitant. you will be trained for 7 years before you leave and it will be your job for the rest of your life. >> you base it on the economy and the country you come from,>> it is impossible. there are people who think about it and but not so much any one not afford it. >> it is just $5 whif you are fm the mid eels country of qutar $75. without the fees. how are you going to pay for it? >> the worlds are still waiting for this. we are already getting donations from all over the world. we are talking to high network individuals. >> donations not government funding? >> not interested in receiving government funding.
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>> they want something back. we don't want government to shove who we are sending to mars. >> coming up you can print a gun at home. special correspondent kennedy checks that out. >> dictators are over thrown with the help of social media like twitter. how can libertarians use social media. we will explain liberty. that's next. next. >> you are one of those libertarian folks. isn't that so cute. [ male announcer ] introducing new fast acting advil. with an ultra-thin coating and fast absorbing advil ion core™ technology, it stops pain before it gets worse. nothing works faster. new fast acting advil. look for it in the white box.
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>> limited government works it brings out the best in people it allows prosperity. it is great. people don't get that. how do we convince them? matt kib bee tried. he runs freedom works. facebook posts like this one alerts people to the fact that congress passes bills without reading them and exempts its own staffers from the law. that post was seen by almost 2 million people. that's not unusual for freedom works post.
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they have youtube videos they are viewed by huggers of thousands of people. i will start with you. why did you start doing this? >> i started because i care about freedom and liberty. >> why did you care? >> i care because i want to be able to do whatever i can do as long as i don't harm enough person. i found out about libertarian ifrm gr -- through google. >> i was a neo conservative. i am embarrassed about that fact. >> through the internet you read about libertarianism and said i want to help spread this? >> i knew so many young people who were politically apathetic. so many conservative people talk about big government, war, morality. the last always talks about taxes and spending where do i fit? i want people to decide i am actually a libertarian. >> you notice this youtube thing and said i can do that? >> yeah. i started a youtube channel in
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my bedroom. i didn't know much about technology. i didn't know any one. i didn't have much money. i played tube channel. >> people would watch and more and more. how many now? >> you have to build up but now a lot of people watch it. i don't know why but they do. >> let me show you another sample of her work. plenty of americans including me are not that angry about the nsa. here is part of a video julie did that has gotten more than 100,000 views. >> when did the governmentment become a jealous girlfriend? i need to know who we are talking to at all times. people have it in their minds privy, terrorists and cheating boyfriends. we all have things we want to feature so work with a small group of people whose government is snooping you lose choice control and freedom. >> people watch that and then they can respond on youtube and
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there are conversations? >> yeah, actually. i responded to you on twitter about this shlth we h, we had a debate. you said it wasn't a big deal. i am not doing anything wrong i shouldn't be treated like a criminal by my own government. >> for the record i don't like it i have 100 other things i hated about my government. >> i do, too. >> you have a think tank. you want to explain liberty to people in the old days you might have paid a lot of money for an ad. you might have tried to lobby politicians. you have new options now. >> the internet changes everything. it decentralizes the way people get their information. it lowers the barriers to entry when you think about what's going on with washington, d.c. and all of the insiders sneaking around behind closed doors. now we know what's going on. we can share it in a moment's notice and a million people are engaged in in a conversation
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that used to happen without anybody knowing. >> you do a lot of it on twitter. you mentioned tweeting me. how is that conversation? that's just a couple words. >> well actually there are people on our staff that don't know how to communicate beyond 140 characters. maybe that's a problem. but the old problem the old think tank problem is we would write 40 page parps that floe-- that nobody read nobody saw. this is a way to engage people. you start with a tweet you have a conversation. at some point you start to dig deeper into the idea of liberty. at some point even read the 40 page paper. >> you have 20,000 twitter poloers 130,000 at freedom works. just by yourself 120,000 people. some of us are not fans so you get hate mail? >> definitely. there's a lot of trolls that post comments. i think it's good because people
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who are not libertarians are paying attention to my videos and twitter accounts. they may learn something. >> that is the goal. for people out there you have tips on social media? how to spread these ideas? >> don't over post. we found three times a day produces the highest level of engagement with activists. think about the multiplier effect. the people you touch all of their friends are in engaged in that conversation. there are about a billion people on twitter. we as libertarians finally have the opportunity to potentially connect the people who share these values in a way that is effective and in a way that lowers their cost and engages people. >> on this show i am trying to learn social media and on the bottom left of the screen out here there is this thing called a hash tag. this means you who are watching the show can use a hash tag to
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talk to other viewers about how wrong i am or how wonderfully insightful we are. any one on twitter can connect through that if they do the hash tag innovation. why is this a big deal? >> all of a sudden everybody in the world on twitter about a half million people can conne i they are following that word innovation. you can follow the people who didn't know they believe in the same things you do. >> twitter has links if you want to read milton freedman or hayek can take you there. >> it is a gateway through out. pretty soon you are watching it. >> i have to say i could never get through human action. thank you, matt and julie. coming up how innovation gives us new things to do like escaping inflation. even reviving your favorite tv show after it is canceled. >> this is our chance to make
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the veronica mars movie happen. if we reach our fundraising goal we will shoot the movie this summer. {off-lin
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{off-line}oo >> government steeals my paymen. >> i save every year so i would have an update. what does my government do? it prints more of these things. so many more that i fear i may have to fay for retirement with something like this. this is a billion dollar bill. b. billion. our dollar hasn't disvalued this much but i am worried about my future. how can i hedge against inflation and other government manipulation? the one thing i did was to buy bit coins. >> you can send sthem through the internet. you can use them in every
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country. your account cannot be profroze. it is changing finance the same way the web changed publishing. >> how it works is hard to get your head around. rad >> first things you have to understand is the coins are not owned by a company they are not controlled anybody it is a new internet kroprotocol. it allows you to exchange money with anybody in the world without the use of a third party. >> created a lot of different anonymous computers? >> well, everybody who is a part of the network and contributes to the computing capacity they reconcile all of the transactions transmitted over the network. >> this formula that creates big
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coins but there's a limit on the total number automatically? >> total number of bit coin that will ever exist is 21 million. it will get there around the year 2040. that makes the coin de anythings nature recur ren see ch there is no bank that can't make more of them. >> how do i know a kid will make more. >> many experts tried to crack the coin code has been unable to do so. so far it has been totally stable. >> you mentioned pay bill. why not use that instead? >> that is the exciting part is for the first time we can transact without a third party. if i wanted to send you $100 we would have to use pay pal. they would deduct 100 from my account and add it to yours. everything would reconcile to zero. it allows you and me to transact
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without anybody. these are central points of control for government regulation. you and i may want to engage in a transaction that is frowned upon or perfectly legit or we want some privacy. >> government could find out about it. >> they could find us and punish us they can't transact that. >> they may find us if we get something shifted in the mail. there is a web site where people are buying illegal things, drugs. >> that's right. it is a dark web site protected by encryption. nobody knows where it is. it has been running for two years. they make 21 million a year in sales. you can buy everything. >> they won't sell guns? >> they won't sell anything that harms anybody. they won't sell child
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pornography or guns. >> we agree drugs only harm the users sometimes and personal choice, but what do you say to pie wife who says this is not good. one reason we have government is to protect people from this kind of stuff from these laws. >> i think that law enforcement is right now looking at going after these companies. they probably will be successful in my opinion because as i mentioned either bit coin is not completely anonymous. you have to understand criminals can use cash to accomplish the same thing. actually it is a drop in the bucket of the total drug trade. >> you have to keep in mind there are some things legal or frowned upon that we want to allow people to engage in. >> like? >> if you wanted to get a mental health screening and you want your lawyer to know or your spouse to know you can use something like big coins.
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after cable gate if you want to accomplish it you can do that. pay pal, master card, pank of america, froze wikileaks account and did not allow it to transfer to them. there is nothing that could be done there. >> but the regulators now say we are going to regulate this stuff. >> what is interesting is they cannot regulate the big coin network. they can regulate users and regulate transfers of valleys but if you and i wanted to exchange dollars we could do that without cleanup of the government to regulate. i should point out one government has made it clear if you use bit coin as a legal alternative currency and that is germany. >> put down the sauerkraut because what i am going to tell you will blow it out. >> they will use bit coin --
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>> that is from source feed. what does that mean? >> germany asked the central banker to give a ruling on bit coin that would earn the respect which is to say private money. that legitimizes it and allows you to think about tax implications. that's where we don't see the guidance of the irs yet but we will see it pretty soon. >> they will say it's okay. >> they will say okay because private money has been traditionally okay in the u.s. when you think about brooklyn bucks you can exchange private money. it is about the capital gains they are going to be concerned about. >> i bought some and i look at the price of bit coins since they have been introduced more. i wish i bought them last year where they would have depreciated a good deal. lately they have been going up. who knows. up next i asked kennedy to go to texas to check out the guns that
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we like interacting with people. so you have time to focus on the things you love. infrom chase. so you can. >> press print and out pops a iphone case a 18 carat gold ring and replica of the strat various violin. >> we have heard about the new 3-d printing. it let's you create all kind of things right at home including some remarkable things. >> a team of inge ners developed a 3-d printer that could distense human skin that helps burn victims. an engineer successfully built a 3-d printed car. >> wonderful except 3-d printing upsets people because you can print a car. you can print a gun.
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in texas tony wilson did just that. he called the guns to liberate. kennedy went to visit. >> this is the functional liberate tore without a firing pin. when you pull the trigger the hammer strikes. >> there it is. that is the printed gun assembled before our very eyes. >> can i shoot it? is it safe? >> i am going to do it. >> you pull the trigger when you feel like it. >> 3, 2, 1. >> it didn't work? >> it didn't work. it felt like an april fools joke. >> why did you hold it this way? >> my brother would vomit if he saw it. the nail that acts as a firing pin. he told me to hold it as far away from my face or body so the
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nail wouldn't go in my eye. >> he was backing way off. >> which freaked me out. >> but they have worked in the past. >> we have nine shots off one of them before it broke. >> that's the most he ever had. you don't get a lot of bang for your buck. >> the buck is just -- it's only $50 in materials continued it will get better. anybody will soon be able to print a gun at home for 50 bucks. >> that's what he wanted to do with a simple printer and a small space he has changed the debate. >> he gave you the metal part and it did kwoshg. >> i shot a gun with 3-d parts. look, ma. my mom would be so proud. >> there's a magazine on that gun that holds 30 bullets. some politicians want to ban these. what d mean when you can print one? >> this magazine is cheap to
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make. any one can make it. some political programs are prohibiting this. it is no longer effective. >> that threatens people when it shows gun control is an illusion. you asked cody for reassurance. >> i am your full service provocateur. i am not here to make you feel better about it. i am saying look this is occupied deal with it. >> he calls himself anarchist which is an anarchist that is good at computers. >> others people made guns trying to shoot the liberate tore the parts that are banned that will be the popular application. >> cody is about sharing his discoveries. he put the plans for the liberate tore on the internet. the state department ordered him to take it down. he did.
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by then 100,000 people downloaded it. the plans are out there. government can't stop it. that upsets politicians and liberal pundits. >> this ought to be stopped. >> government will whither and die on the vine and we will all self gorn ourselves. we can move forward in an anarchy utopia with plastic guns that sometimes blow up after one shot. it is a political effort to try to do away with government. >> political effort to do away with government? >> he calls himself an anarchist but considers himself a provocateur who is moving the discussion forward. you can't shovel the toothpaste back in the horse. >> i am trying to keep it clean because i know this is a family show. >> since he was concerned about doing this you asked him if he was concerned about being raised? >> whenever you hear sirens you assume they are coming for you. because i do.
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>> we have had real situations with cops sitting outside of my apartment knowing we were sur veiled. it's something you accept. >> he won't be surprised if he goes to prison but he is doing whatever he can to stay in the law. >> why would he go to prison? >> guns are bad and they will make new laws to make sure whatever he is doing is illegal. >> thank you, kennedy. coming up how innovation let's us even on our own little phones. find out right here how government weightses our money. t
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>> bhiegest fe-- my biggest fea for america is politicians grab nearly 2 trillion every year we can barely keep track of what they spend. can innovation help us here? yes says adam. he started a web site called "open t "open the book.com. >> it opens the books.com it is our mission to post on-line every dime taxed and spent on the federal state and local lev. >> in 2006 there was a google your government act that said, hey, this stuff has to be out
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there. >> it is one of the nonpartisan legs sleig legislation. it was the illinois senator at the time obama who got together on this legislation and posted a federal checkbook. that is the data we downloaded reorganized up loaded in our data commons. >> that was enough. but they didn't make it easy to sort through that. >> right. we think that we have reorganized and displayed that data to help regular people for the first time ever in their home town in their zip code be able to see the massive codes coming out of washington, d.c. when you see the massive amount of federal spending in your local, the most common response is, oh my gosh, i am in the wrong business. >> you tried to figure out your local. you moved to illinois. and before this it took 26 separate freedom of information act requests to find out what your city manager cost taxpayers? >> we explored a few years ago one city manager in illinois in
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a village called palestine. he had 26 buckets and took us 22 separate requests. >> in illinois alone you were able to find 3,000 bureaucrats who make more money than every governor of every state? >> that's right. i called them the lucky 3,000. collectively at total tax payer cost they burn off a billion dollars a year. it is part district administrators the directors of parks. school district pressures out earning the state treasurer. it is 47 city and village managers out earning every governor. that pailed in comparison to the 400 school administrators out earning every governor of the states. pick examples thomas morris general council of the waukegan school system 229,000 base pay. william volt manages the mass transit in champagne, county
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286,000 a year. he said i deserve some money. >> public service is being corrupted. volk has a triple in pay over the last ten years. this is why your national audience is impacted by it. this district in champaign got 250 million in federal grants. you are sub dieding this nearly 300,000 dollar pension salary in the sky. >> maybe he deserves it. he can argue it. at least now we know about it and we can have that argument. >> there has been a real change. pom see change. we highlighted the treasurer a year ago it went from 163,000 to 297,000 in one year. citizens started asking questions i am proud to say last week evidences indicted for
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allegedly stealing $1.5 million. >> they always want more. you also checked out subsidies near your home town. you found a lamborghini dealership that got 100 million loan. >> i would feel better about it if i was living one. >> rolex got 3 and a half million. this is the kind of legal thing that needs to be reigned in. >> it is only because of technology like this that we know the money is going to rich people like ted turner and michelle chak man's family. >> half a million dollars flowed into the rockefeller family from subsidies. >> you have a map that shows all of the people outside this su studio. there are no barns here but we find this here. >> we have a 5 mile radius in
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manhattan and what it is about is the wealthiest investors that made farms part of their plan. >> it is oil and foam? >> i am asking citizens across the country to enter the zip code into the app open the book and see where the federal government is spending your tax dollars. thank you, adam. good luck. see what happens with that. some fear new technology that stopped it. stop posting things like this. i will explain next. constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. live the regular life.
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performing together with a single, united purpose. ♪ that's what makes the world's leading airline... flyer friendly. ♪ >> 19d 84 scares people inno vision technology might lead to government spying on us every where in bedrooms, big brother could watch. now we have learned in real life the nsa might already be listening. >> that phone in your pocket might be a government spying device. >> scary. new technologies can be abused. the fear of innovation is often ridiculous. they wail the internet will make us stupid that it will kill serious journalism and kill
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creativity. > down side of the internet. the only news delivery system we have ever had that has no editor. >> that's true. i say stop whining overwhelmingly innovation brings us good things. today anywhere in the world i can put this piece of plastic into a wall and money will come out. that is taken for granted but it is amazing. the count is almost accurate. government couldn't do that. government couldn't count votes accurately. instead government often gets in the way of new technology. i cannot drive this wonderful car to work because government 6789 regulations won't allow it. government regulators delayed driverless cars. and stifled those wonderful web sites which allow people to make money by sharing your house or
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your car. they ban wonderful things like prediction market they shut and trade them. by contrast private innovation is this miracle we don't even think about. ebay and craig's list and facebook. we take three -- free encyclopedias for granted now. everyone has access to the world's knowledge on a little phone. if you wanted to find out if a product or restaurant was any good you had to ask for a friend or wait for a local newspaper to review it or just guess. you go to web sites like yelp or urban spoon instantly much more. want to be a hollywood producer? it let's you get around the once all powerful movie studios when the t shsv show veronica mars w canceled the star went to the internet.
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91,000 people donated. enough money to make a veronica mars movie. now spike lee will crowd fr nex. innovations change the way we reach out and touch people. when i was a kid it was a big deal to call someone far away. >> don't let the new friends get away. a at the presetelephone call wi closer. they are waiting to hear from you. >> now for free we can do video checks all of the way to the other side of the world. >> the internet even helped people find love. >> when you want to find someone who is truly uniquely right for you. >> a university of chicago study says 35 percent of new marriages now start on-line. in a free market a symphony of desires come together. and they are then met by people who constantly wrack their brains to invent solutions to our desire. this innovation is wonderful. i rarely fear new netechnology.
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i fear government getting in its whic way. that's our show. see you next week. good night. good night. on huckabee which starts in three seconds. ich >> tonight on huckabee, >> the american people don't want the government to shut down and don't want obama care. >> house republicans push to te fund obama care. the exchange program hires novis navigators. do you want them handling your private information on the internet. >> it is people in the house throwing a party. nthrow hundred teenagers trashed his house. he might get sued now. brian holloway gives a look in the damaged home. >> plus.

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