elections. again we're still reporting from the about when president as you can hear behind me loud explosions. we've seen all three i mean it. gave me a. guitar sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm sorry welcome to the big picture.

of. our guys have time for show and tell on tonight's program now last time we spoke about the threat of cyber war one of our guests compared it to

yellowcake a hyped up fear being used to justify more spending and policy choices we want to know if you agree if cyber war really was a legitimate threat to the u.s. so could a producer for treason send you to find out what you had to say. when . we asked your fans on twitter facebook and you tube what they thought of a cyber security threat is it a trumped up bogeyman or is this something that the u.s. should be gearing up to fight now i am on the streets of d.c. to find out if people agree with what you had to say they have a better idea let's find out stephen said that it's in a real possibility that banking finance system could be shut down nuclear plant computer systems corrupted air traffic control towers burned out yes a little bit you apocalyptic scenes are overblown oh and when it's very difficult

to do yeah it's definitely possible so hopefully with you know a fire walls and security it won't be that bad but i think it will get. i think it's a possibility we have jonathan i facebook he said it is a real threat but not the extent that the mainstream media and the government is hyping it up to be yeah i agree i mean it is a threat but i think it's been overhyped a lot salvatore said that as of right now these cyber attacks can at worst do little real damage i don't agree with com and i think the cyber do a lot of damage i mean they do think that there are bad enough attacks side and you know currently commercial companies like like google and sony that it is concerning for sort of got a federal level and i think it's even going to get even worse for the next generation my nieces and nephews that they're going to have that's going to be ours was nine eleven and there is going to be the internet now everyone agrees that the

threat of cyber warfare is out there but not everyone can agree on how big it really is or what can be done to protect us. but we hope that you enjoy the new and improved show and tell and as always we appreciate your responses so here's our next question for you we spoke earlier on the show about government support for business action over speaking about that now right now government subsidies and tax breaks flow in the direction of big business but do we have it all wrong should the government be doing more to support startups instead let us know you think on facebook twitter and you tube and who knows a response just might make it on air. all right so in this day and age of fifteen percent real unemployment in the u.s. it made us all about how to create jobs young people college grads they've been hit particularly hard by the recession as they leave school and enter a workforce that has no space for that but in silicon valley generation of young entrepreneurs are trying to change the gate so every bride writes and reuters today

despite little data on this phenomenon venture capital say that they're finding more chief executives under age twenty one than ever before the problem is that it takes money and a support system to start your own company so often the young entrepreneurs in silicon valley are those who come from families with money and time to help how do you make of the more young people actually take this route joining me to discuss it is derek thompson senior editor at the atlantic and they can our social on serial entrepreneur and venture capitalist also the author of the gardens of democracy gentlemen thank you both for joining me tonight and i guess nick i want to start with you since you are a venture capitalist have you noticed this trend of you seen more young people that are c.e.o.'s that want you to invest in their companies you know i mean i think one of the most exciting parts of our economy and trends in our culture is how. so many young people are to start businesses and indeed younger and younger people

are taking a crack at it. that's not only good it just turned out to be useful to have some business experience to create success but. but younger there's no doubt that younger and younger people are trying to become entrepreneurs well what would you say are some of the biggest drawbacks at least from someone in your position or from your perspective you know somebody who's twenty years old maybe even younger trying to start a company. oh well. no matter how high your i.q. is having had some. experience in the world how things actually work is crucial in building a successful business understanding how to manage people out of understanding how to create relationships just understanding you know what we're how do not waste your time and energy on things that you know are diversions from the real from the real challenges and problems is very very difficult and pretty much only experience can teach you that. but the broader the broader point and the reason i think this

is an exciting topic is that entrepreneurship is an extraordinarily important element of our economy and the more of it we have the more likely the country will be prosperous and successful derek. i mean aside from experience to one of the things here about being young and trying to start a business and there are even like you know so rather funny examples in reuters where you've written about it talking about your friends is that sometimes these people they can't drink get so they can't even go to social engagements to network they can't rent a car they can't even lease an office space or a house because they don't have enough credit built up and they need someone else to sign for them and so you know from the people that you wrote about that you know that are friends of yours acquaintances and whatnot who is usually the group that's able to be a young entrepreneur is interesting because i have a lot of friends young friends in their mid twenty's who are trying to start companies but in fact the median age for

a successful entrepreneur is thirty nine so what we really want from a public policy perspective is a policy that addresses both the risks and concerns of these young entrepreneurs and these older entrepreneurs and one of the elements of i that i pointed out was health care you know being afraid of not having health care is one of these things that keeps young people from starting companies because it's risky and fear of leaving their company the company at their at to start a new company. fear of losing the health of its associate. with that firm is something that also. discourages a lot of a lot of startups a lot of entrepreneurs from striking out on their own and this is the kind of thing that if we created a universal market for individual health care it could go a long way towards boosting entrepreneurship what else do you think the government should do that right i mean you try to compare and contrast the way they look at startups versus some of the huge heavy hitters in the industry right now the big oil companies are some of the largest corporations on this planet that receive massive amounts of corporate welfare from the government right what i wrote in the essay last week was that on the one hand i think that we should target

entrepreneurs specifically with carrots to give to them so we can double or triple the deduction for young companies we can also try to make long term venture capital gains tax free to encourage rich investors to push more money into these exciting new startups we can also focus on sort of strengthening the safety net to mitigate the risk of failure because the fact is most entrepreneurs fail they're not successful and most of them aren't successful until their third or fourth term so my big idea and there's a lot to be fleshed out here is that to the extent that the law is going to be biased in favor of somebody maybe it shouldn't be biased towards corporations that already exist made history biased towards corporations that are just getting off their feet and in fact net job creation over the last generation two generations in fact has not been multinational companies that are very good at increasing productivity but rather towards companies that didn't exist five years ago this is where job creation really is it's a neck i jump in here and tell me you know what your perspective as you think

that's a good idea. i completely agree. when we you know the oil companies billions and billions of dollars to make digging the holes cheaper and more profitable it's tax dollars and those resources could be internet really better spent creating an ecosystem which makes ever more entrepreneurship. easier and more successful there is exactly right. and there's an ecosystem and we have under standing there so that young companies much like young plants and trees grow much faster than old trees and plants and so. you know if you want to have a dynamic economy the more young companies you can create the more momentum you're khana me will get will get and and more than that you know think of

prosperity and wealth in the societies is best thought of as some of the solutions we create for human problems and the more people there are trying to solve those problems the sastre and more successfully will solve them and so i think there's a there's a complicated policy question here which is precisely how do you create the correct incentives. and the right framework to encourage entrepreneurship but but i completely agree that it's the right approach what i mean let's hear some of the more complex ideas here right because a lot of the debate that we have going on in the country right now is how much should the government actually have its hands in the economy how much they be involved in really helping businesses or in creating jobs so what would be something that could politically fly recommend exactly right you have to think there are some things that entrepreneurs need that the government can provide entrepreneurs have to be iconoclasts entrepreneurs have to look at problems and say i don't just want to explain why that problem is

a problem i want to make it better this is something that the government can maybe help in in an implicit a way by increasing the number of people that graduate from college but it's not something that we can where you say that i going to give them any more a tax break the five hundred twenty five of the new company. it's going to be easier for me to provide health insurance what specifically will specifically you know i think we're going to be in a very from from one of the other specifically i do think that you need both this approach of me. negating risk on the one hand making entrepreneurs who might be successful feel like they really can start a company and not fail and suddenly lose their health care and be flat broke on the other hand you can use these targeted policies that people have talked about the cost and foundations and a really good job sort of building a sort of start up nation plan for you know how the how government can that had can really in a micro way help companies get off the ground and ramp up by tripping deductions again and making investments in them tax free you know these are the small things but i really do think it's worth thinking big and saying you know when if you think

of starting a company as kind of startup roulette sometimes you fail sometimes you succeed when you're in a casino and the thing that makes you want to play roulette or not play roulette isn't the amount of tax that's going to hit you if you win two hundred thousand dollars that's that's wildly out of your you know you're conscious of the point it's what's the risk if i lose and to the extent that we can build a safety net that smart and mitigates risk for these people who really could start companies and really could be successful and ramp them up and create hundreds of thousands of jobs that's the kind of thing that i think that's going to help we'll have a couple seconds here nick but if you just have any last words to you know i mean should a concern be that this so much of this is happening in silicon valley might there be another tech bubble that burst. you know i'm not sure i i'm not sure i agree with the free safety net i would see you know we want to create i think there's something the government can do which is to turn around and to try to create a culture and promote a culture in the united states of entrepreneurship risk taking and innovation and

to the extent that we do that by the way this plays enormously to the country's strengths because we are the most diverse nation in the world and you know that's why we lead in all sorts of entrepreneurship. with the young people involved i want to thank you both so much for joining us tonight thank you great thank you. it's our last break of the evening but when we come back one lawmaker is fighting against a radicalized girls. humans are told i'm a war and on happy hour with an alien reptile invaded president obama's head and then test tube is on its way to. people calling what you said for free and fair elections.

and we're still reporting from the. if you can hear behind me loud explosions. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm charging welcome to the big picture.

guys it's time for tonight's tool time award and tonight goes for republican member of the indiana house representative bob morris see this week morris decided that he wouldn't be able to support

a resolution celebrating the hundredth anniversary of the girl's out girl scouts more's claims of the girl scouts have become a radicalized organization and he even sent a letter to the other house republicans asking them to join him in his war against the organizers of prepubescent young girls now in the letter that moore is takes on the girl scouts relationship with the latest republican looking man planned parenthood morris says that abundant evidence proves that the agenda of planned parenthood includes sexualizing young girls through the girl scouts which is quickly becoming a tactical arm of planned parenthood. the tactical arm of planned parenthood how terrifying elmore's continues liberal progressive troop leaders will indoctrinate the girls in their troop according to the principals of planned parenthood so i wonder just how the c.e.o. of the girls would explain the ominous partnership and the indoctrination. girl scouts as the largest voice for an advocate for girls across the country know that girls grow up with very complex issues facing them and so we do across the country

tackle the issues of human sexuality and body image and all of the things that girls are facing in the we part how dare those liberal progressive troop leaders teach those girls about safe sex and body image so like their motto is be prepared for anything right away it's like oh that's right that is their motto but we wouldn't want them to be educated in safe sex because that would be dangerous help them deal with body image issues because body image issues well that must be the work of the devil now morris was also disturbed the organization allows transgenders he says that boys who decide to claim a transgender or cross-dressing lifestyle are permitted to become a member of a girl scout troop performing crafts with the girls and participate in overnight and camping activities just like any real girl just like any rio girl or now here morris is referring to the case of bobby montoya a transgender child who joined the girl scouts last year bobby's case sparked a controversy even led to the website on his girl scouts dot com releasing this

video. the steps describes itself as an all girl experience with that label families trust that their girls will be in an environment that is not only nurturing and sensitive to girls needs but also say for girls. to catch that last missed last bit thief for girls i'm sure the morrison on his girl scouts crew can only think of one more thing more dangerous than a boy who identifies as a girl must be a boy pretending to be a girl in order to get access to all girls sleep overs though if you guys are sneaking into the group in an effort to bed helpless young girls than planned parenthood partnership makes the kind of outright never know when you need your troop leader to take you to get an abortion all right now if you add to my personal favorite part of this letter morris raises concerns over the group's honorary president the fact that the honorary president of girl scouts of america is michelle obama she gave each of us a reason to pause before our individual or collective endorsement of the

organization so apparently a national organization for girls has stopped stooped so low as to have the nation's first lady be their honorary president now that just absolutely takes the cake i bet that she's trying to push her healthy lifestyle initiative on those girls at this very moment sneaking on a camping trip and sabotaging this more it's because of the girl scouts are going to live up to the new sex crazed gay loving image that morris founded of them they'll probably be meeting new sexier uniforms and well that doesn't really look like a cookie and smores type output to me so it makes sense that they brought in fitness obsessed machelp so for sending out a hateful homophobic fear mongering letter that mark sex education gays and michelle obama as the enemy indiana state representative bob morris is tonight's tool time winner. hi guys the time for

a happy hour joining me this evening lauren lyster host of the capital account here on r.g.p. and anthony randolph director of economic research for the reason foundation a guy's night out. we all like a purple blue kind of thing going on top of the level of a couple who are really excited about that laser the retail whatever let's take a look at and yesterday i was on your show talking about how sex sells and you know banning ryan air ads right and check out this ad that is for a gym in moscow. get it. done so. that we get it. every i don't know i mean as a man is. clear is that kind of. a mark or it was is if it was a commercial for walnuts then maybe it would be it's everything i'm like i'm not

quite sure but that's that's that's not even close to some of the you know the sexy ads that i've see come out of rush or europe i mean that's that's relatively tell first where they do a lot but there's not even a case where a sex sells that's ok for a second doesn't sell who wants a night in someone's i mean there's just so many things about the literacy that i would really love mitch group of guys. but very very small select and where was that it was ok this is got really. funny and. this one is a crazy conspiracy theory is really upset we didn't get to do yesterday but this woman thinks that there is an alien that has been implanted into the back of barack obama's head take a look at the video here's the one scar on the left side. his here and this is the wrist of the picture going up a little bit and if you look closely you can see what i discovered this is what

they've done to our president they have him planted a red chilean in the back of his hand look at the look at the ritually nine spears. evil little guys and the no no i mean you know really these people just don't here we get tired of coming up with stuff like this well and i'm really glad really concerned about very concerned i'm very glad she did the x. ray vision though because the first couple minutes in. this video she just has it the back of obama's head i'm like what am i supposed to be seeing i don't see a reptile i don't see anything there's nothing there it was the scar and she was trying to outline the reptilian facial american creativity. innovation and she talked about it for a minute it was a long video to talk about is that you're five not a. alien reptile that needs to be prayed for are what do you like better though

that he or maybe maybe he had this alien reptile implanted into his head when he was working for the cia and they teleported him to mars because remember there is those two guys right there claiming that they're right so it's true they went to work with him who were these people to come up with the ileum reptile like implanting technology and why can't they provide jobs for us. good point you made me want to take that up with paul krugman i think so. yes come up with a you know nobody likes the alien spaceship. that nobody would bring a beer on to so this is this is the news and lucian and wait till one of the catalogs are there we don't know what is this awesome you know coming up with problems to solutions every day here i'm going to show let's move on to other science earlier we spoke about how scientists are freaking out because nobody cares about global warming and they're spelling doom and gloom but they did it we have to have something to brag about and get excited about at this year's conference. it's a long way to go from a hamburger like this to one looking like this this is actually beefing created in

a petri dish a dutch scientists is using stem cells from cattle muscle tissue to create a burger in the lap and he told a conference of the american association for the advancement of science he aims to unveil the first one. so the idea here is that you know this won't be as bad for the environment if you have a test tube created me but. it just seems so gross that well i think i'll just stop eating and the last thing about it is as the third exactly this is going to be a two thousand two hundred fifty thousand euro burger the first one and he's talking about this solving the problems with an inefficient system of producing meat that's not going to be able to meet the demands of global population how about stop eating meat ok great we won't have meat i think that's a little bit of a better solution than two hundred fifty thousand euro test to burger. at this time i would. think that we can find alternatives but i mean just showing what no this

is this is definitely a secret project to make us all budgetary and i will eat a test tube burger when it's made by somebody cloned from a petri dish. no i'm just glad they moved beyond mouse me because that's what they started with. ari let's get to our last word because dominic strauss kahn is in the headlines yet again this time it wasn't what he did with made but with women that may have been prostitutes take a look. it's been two days in custody here facing questions over suspected prostitution ring straus com says he attended the parties but didn't know that the women were prostitutes. i challenge you to distinguish the naked prostitutes from any of the naked woman. who i don't think the reason i know you don't really got me when i wish you well with the. sex party i don't really know what the protocol is what's going on but if you're naked you're naked i would i'm just glad that this

story has reinforced our view of french stereotypes because i was really concerned after d.s. kate was acquitted a lot of right right french consistency should have remained true yeah no perp walk which you know they lived up to that because they were so critical of the perp walk that he went through here when he was arrested but you know naked prostitute and the other week it was our guys i got a bit of a thing so much for joining me tonight it's a good night so thanks for tuning in and make sure to come back tomorrow night it's money roll calls on the hill reporters going to be joining us for happy hour in the meantime don't forget to become a fan of the on the show on facebook on twitter if there's anything you ever miss ali you tube dot com slash the letter show and coming up next is the new. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you

glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture. of. the. world

the true science technology innovation all the latest developments from around russia we've got the future covered. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. and china corporations are old today. and. the u.s. says it wants to win the hearts and minds of the afghan people but it sure is losing a lot of credibility lately when you're running on bodies.