i am a firm believer in research and development efforts whenever and however we can making it easier and more straight forward to conduct real-world research and a natural straightforward task we can take. our action offers support to our nation's inventors by enhancing their ability to test their theory and innovation streamlining procedures we must do so. and this will benefit consumers and operators across the country by reducing the time it will take to get new devices to market. it will also help maintain our country's leadership and development of wireless technology applications and services. dynamic spectrum access is thought to be a key medical advance that could improve the way spectrum is used for commercial and noncommercial services as an area in which the department of defense has shown leadership and innovation and over the years. it has proven difficult to apply the research and development in the area's dynamic spectrum access to commercial radio systems. technical issues have been too complex and costs too high. it is my hope that in issuing dynamic spectrum access

you would trust china and its own alternative energy development in your remarks. -- you addressed china and its own alternative energy developments in your remarks. what research and development is the energy department's pursuing to develop u.s. capacity to develop alternatives? >> i think that was a wake-up call, and if you depend on the producing 95% or more of this around well, and you have a single supplier that you run the risk. there has been a mine in california that has been shut down, and we are in discussions with that mind to help start up again. there are a number of employees -- it is not that rare. what is at stake you have to be very careful in an environmentally responsible way and we're working that. many other countries have gotten concerned and looking at other places for supplies. we're look going deeper and that. we're looking at ways to use the more efficiently but also technological ways to get the same benefit. it depends on using electronics for paris high efficiency motors, or and displays for flat screen tvs and a number of things, looking at alternative substitutes. what has happened in some of these rares, the prices gone up tenfo

and japan is one of the greatest source in the world for design, technology, research and development>> reporter: meetings to match up potential business partners were also provided between japan and hong kong firms. this japanese company is trying to sell ecofriendly sun shades made of small pieces of cloth or plastic. hong kong companies hope to gain from japanese know-how while those of japan seek markets abroad. they hope this can create a win-win relationship. >> hong kong is a hub for all of the product to distribute to other countries. so that's why we choose to come here. >> translator: there are some new products we haven't seen. maybe we can find a market for them. in hong kong. >> reporter: the close tie with mainland china is another advantage for hong kong. the trade organizer set up a tour for about 100 buyers and investors from the mainland who are looking for new products to import or investment opportunities. >> translator: i hope to introduce these products into the mainland. people will find how good the technologies in other countries are. >> reporter: inviting peo

investments in education, research and development, innovation, and the things that are essential to grow our economy over the long run, create jobs, and compete with every other nation in the world. i look forward to hearing from folks on both sides of the aisle about how we can accomplish that goal. if there is any lesson to draw from the past few weeks, it is that we are not doomed to endless gridlock. we have shown in the wake of november's elections that we have the capacity not only to make progress, but to make progress together, and i'm not naive. i know there will be tough fights in the months ahead, but my hope heading into the new year is that we can continue to heed the message of the american people and hold to a spirit of common purpose in 2011 and beyond. if we do that, i'm convinced that we will live up our middle class, rebuild our economy, and make our contribution to america's greatness. finally, before i take questions, i want to send a message to all those americans who are spending christmas serving our nation in harm's way. as i said in afghanistan earlier this

transformed from prototypes to consumer devices and services by providing more flexibility to researchers and developers. under our existing rules, such experimental programs must be described and approved by the commission and if the researchers make discoveries that necessitate changes and operating authority they must seek prior approval for modification of the licence. we now propose to create a new type of experimental license, the program license. these licenses would provide broad authority for experimentation over a wide variety of frequency and range of operating parameters without the need to obtain prior authorization before conducting individual experiments. specifically, we propose to create the three types of program licenses. the first would be available to universities and national laboratories so that they can leverage their vast resources and expertise and basic research to bring about an ovation. second, we propose to create an innovation program license where researchers could conduct tests and specified geographical locations with pre-authorized down conditions. further, we propose

and tonight sharyn alfonsi goes inside industry leader pampers' rarely seen research and development enkhor "nightline" presentation. >> reporter: they are sweet. innocent. and at the center of one of the toughest battles in business. the diaper wars. in the u.s., the birth rate has been declining for more than a decade. with fewer new customers, the two industry giants, pampers and huggies, are socking it out, fighting for the precious dollars that come with diapering those precious bottoms. americans spend $7 billion worth of diapers every year. $7 billion. and the battle for those dollars has been raging for decades. >> this little baby went to market and smiled all the way home. >> reporter: this is the first diaper commercial from pampers back in 1960. >> because pampers are made with seven layers of softness. >> reporter: today, diapers are about half as bulky. that didn't happen by accident. diaper companies spend millions of dollars every year to try to make diapers thinner, more absorbent. we were granted access to pampers' never-before-seen research and development center, w

the bill includes new manufacturing loan guarantees, groffed research and development and strengthens -- improved research and development. the bill places a much-needed emphasis on science education from grade school to the university levels. we need a highly educated work force to advance the next vehicle technology or another innovative product that will produce high-quality jobs in america. competes supports innovative clusters around the country and creates a focus of innovation within our federal programs and agencies. america simply cannot afford to sacrifice its innovative edge to growing economies like china and india. the investments made by competes are critical to america's long-term economic health, and i hope my colleagues will join me in supporting this bipartisan legislation. thank you and i yield back. the speaker pro tempore: the time has expired. the gentleman from texas. mr. hall: madam speaker, i continue to reserve the balance of my time. the speaker pro tempore: the gentleman from texas continues to reserve. the gentleman from tennessee. mr. gordon: madam speake

that means we have to focus on education and research and development and innovation. we have to make sure that, in every sector from manufacturing to clean energy to high-tech, to buy -- to biotech, that we recognize the private sector will be the driving force and what the government can do is make sure we are a good partner and we are a facilitator and in some cases we are a catalyst when it is a fledgling industry. look atns we've got to some of our old dogmas and we need to think about what works. if there are regulations that are in place that are competing regulation, let's get rid of those regulations. also make sure that we are protecting consumers and protecting the environment and protecting workers in the process. let's find ways to do business that helps business. people were doubtful about the approach we took to the auto industry. that was an example where there may be occasions during a crisis for a timely intervention that is limited and restricted can end up making a difference. i think democrats, republicans, house, senate, the white house, all of us

transformed from prototypes to consumer devices and services by providing more flexibility to researchers and developers under our existing rules, such experimental programs must be described and approved by the commission and if the researchers make discoveries that necessitate changes and operating authority they must seek prior approval for modification of the licence. we now propose to create a new type of experimental license, the program license. these licenses would provide broad authority for experimentation over a wide variety of frequency and range of operating parameters without the need to obtain prior authorization before conducting individual experiments. specifically, we propose to create the three types of program licenses. the first would be available to universities and national laboratories so that they can leverage their vast resources and expertise and basic research to bring about an ovation. second, we propose to create an innovation program license where researchers could conduct tests and specified geographical locations with pre-authorized down conditions. further, we propose t

industry in the near future with research and development and production sites in germany. so obviously the right conditions for top russian optoelectronics technologies to develop have been set up. to competitive firms with. and possibly on the way. to. project an international. over the next decade in. the next. story it might just be born right here. he's going to these. groups. to give them kind of. these to be done in russia immediately. we would never you know breach. would be. very. much. culture is that so much i'm afraid we're going to make a lot of people over here yeah but what a year it was if anything two thousand came chodesh just how fragile the world is was it.

future with research and development and production sites in germany. so obviously the right conditions for top russian optoelectronics technologies to develop have been. to competitive firms with. innovative business abroad. over the world. right now. project an international city of. over the next decade. it might just be born right here. enjoy the ride. he's going to these. groups. to give them kind of. these to be done in russia. we would never you know breach. would be. very. much.

number so expect to revolutionize the optical interconnects industry in the near future with research and development and production sites in germany. so obviously the right conditions for top russian optoelectronics technologies to develop have been set up in. two competitive firms with. and possibly. bring them home. from the. project and. over the next decade in. the next. story it might just be born right here. go into. groups. to give them kind of. what we discussed. in. these to be done in russia immediately. we would never. breach. it because. there. is a. very. huge. culture is the same of you i can tell you what i do a lot harder anyone with a muzzle worth trying to say anti-semitism is nothing new to the world it's undeniable that it exists today however how should anti-semitism be defined. the clipsal team has been to the region where industries are rapidly developing. now wattie goes to the homeland of those with strength of mind and body. to the land developed by cossacks in ancient times and which became a premier destination for nineteenth century political exiles.

a free trade agreement and inked two memoranda of understanding to boost cooperation in research and developmentnd renewable energy. >>> sri lanka's navy has organized various events over the past days to mark its 60th anniversary. on friday, a colorful parade took place in colombo. the president honored three navy officers for their service. earlier this week, senior naval officers from over 20 countries including china, great britain, india and russia, attended a seminar on security and safety at sea. an international regatta was also organized to mark the navy's anniversary. >>> a contest to choose miss indochina 2010 took place in northern thailand's province on thursday. the competition is part of the indochina fair of 2010 organized by thailand's tourism authority and the province. the crown went to a woman who received a cash prize, a diamond tiara and a sash. miss indochina will participate in various promotional activities over the coming days. >>> hi there, time for another world weather update. well, the weather across eastern asia starting to get a little bit more active. up to the n

it does a lot of research and development, invest in new capital, has skilled workers. i'm not just talking about software or something like that. at the end of the day, innovation is about manufacturing and other sectors. we are not doing anywhere near enough to fix it. washington, as far as i'm concerned, is almost as if the problem does not exist. we are not debating the problem this month in congress. but we are debating a lot of other things. one of the things i think the states get right is they understand the importance of manufacturing, whether it is low-tech or high-tech and we are doing -- they are doing a lot to fix it. if we ought to do the same in washington. host: texas just came out 19th in the rankings. -- 18th in the rankings. and georgia is 19th. our next caller is from georgia. caller: your guess just insulted the whole south. i would put our kids about any in the country. i'm really surprised that he would say that because many people in the north are moving to the south because of the way we live here. and away we are able to do things. and are lower

red and green gem, red and green petite oak, and red and green tango, all 3 of which were researched and developed to meet both the company's standards of quality and the consumers' needs for taste, color, and texture. >> well, if we see--you just gotta look to the past. it was iceberg. it took a long to get to romaine. it took a long time to get to the spring mix. it took a shorter amount of time here. i think you're just gonna see more of these type of products. much like the electronics business, just the speed of technology's, you know, exponential. it goes faster. and so that's it--we've always got to be out in front trying to find out what is that next thing that the consumers are looking for. >> and at the top of most consumer surveys is convenience. the variety of lettuce in each package eliminates the need to buy a lot of different heads of lettuce, and thus allows for customized blends. also, the petite size and shape of each artisan lettuce head lets folks have a quick and easy preparation as well as flexibility in sizes and cuts. in fact, the lettuce only needs two cuts, a quick rinse

research and development, green tech, and as was said in a paper, this is the last vestige of our industrial past, our polluting past. this is important. i know the folks in merant. they tried to make it cleaner and more efficient, and i thank you for that, but this was originally san francisco gas and whatever. they were burning coal. they were taking coal and basically converting it through a process that kept our street lights on in the 19th century and allowed us to have cooking oil at home. it was a big part of san francisco's indiana foundation, but it gets to a point where we turn our back to the old ways of doing things and we'd probably lift our heads to a new way of doing things. really, this day marks the occasion as much or more than anything else. thank you all very much. [applause] . >> thank you. as the mayor said, a lot of people were providing information, sending messages to sacramento, but none of this would have been worthwhile if there was not someone listening to us as we sent those messages. with us today, the ceo and president of the california independent -- iso. >>

proprietary medicines a year in march is also plus the double investment and its russian research and development program and that's the latest on how for you for this hour but you can always find most stories on our website r.t. dot com. seriously discover it. communicate with the want to. test yourself and become free. to. see what nature can give you. in indonesia well she's available in hotels coming dolly resulting s'posed. results in spots. remote have been turned bones. the result will spawn sunday of the church home the wisdom result use of do. suffer tell some in the. resort and spa the rich. ground many of your culture hotels full seasons hotel the sultan who told. you better was leaving with them all from the protests why don't position on its own button pushing things way to the presidential election coming through the people were arrested including a number of presidential candidates who claimed the ring we wallow is fame or let's leave them on the go home since all the rest of. us. north korea cools alternately drills why the sound of all reckless military provocation fouls to refra

another 22 billion0 enrollee will be devoted to research and development in fields such as informationechnology, material sciences, and biotechnology. china also plans measures to crack up domestic demand as it tries to reduce reliance on exports. german companies have to profit from the strategy. companies like bausch and the demons are leaders in green technology, such as wind power. -- and his demands are leaders in green technology. climate protection is now part of beijing's economic policy. >> the internet giant ebay has agreed to buy a german fashion the site. you'll hear a lot about it in the future. ebay will pay 150 billion euros for it. the bay hosts of the move will strengthen its position in the fashion sector. in the past 18 months, ebay has been heavily investing in fashion and has launched sites in britain as well as right here in germany. back to you. >> thank you. the united nations security council has extended its peacekeeping mission in the ivory coast for six months. it defies orders to leave the incumbent president refuses to hand over power. the un african leade

and the head of research and development in their jobs, while promoting from within on the sales andmarketing fronts. read also eliminated a layer of reporting structure in an effort to speed up decision making. the changes come as pfizer faces patent losses on some of its best performing drugs. euu >> susie: there's been much talk about the size of the tax deal working through congress. at $858 billion, it has tonight's commentator weighing the cost versus the ballooning u.s. deficit. here's maya macguineas, director of the fiscal policy program at the new america foundation. >> schizophrenic washington is at it again. just two weeks ago, the white house fiscal commission released its plan. it's an amazing plan. it saves $4 trillion over a decade, and would reassure global credit markets that the u.s. is going to brush itself off and fix its budget problems. a bipartisan group of politicians supported the plan, believing correctly that while they didn't much love it, it was filled with the compromises necessary to get bipartisan support. what was remarkable was that rather than wate

i asked about investment or research and develop and yet he said we are putting aside 5% for gross domestic product in research and indolent to read 3% in clean energy. you go to shanghai, china, and they felt more high-speed rail in the last year than we've the last 30. the largest private solar research diplomat facility in the world has recently opened in china by an american company. today china has the fastest trains and fastest supercomputer in the world. in 1957 just before this, which opened, the soviet union beat us in space by launching a satellite known as sputnik, and there was a wake-up call because the united states to boost our investment in innovation and education particularly in math and science. and as a result once we put our mind to it, once we got a focus, once we got unified, while only did we surpassed the soviets, we developed new technologies, industries and jobs. so 50 years later, our generation's sputnik moment is back. this is our moment. if the recession has taught us anything it's that we can not collect in economy driven to much spending, too much borrowing,

we still need -- we still do more research and development than anyone else in the world. we had the best universities in the world by any assessment system than any other part of the world. we have great innovations in areas like aerospace and computers. if we make a course adjustment that is significant but not radical, we can preserve a lot of the strengths and stay powerful. it is the underlying bullishness. >> i totally agree with that. >> i do not in any way question the nature of the risk that alice is talking about. i take them very seriously. my question is, do we want to compel that risk by reducing the military budget by $50 million? i would urge that we think about, even if you just want to talk about dollars, whether the underprepared this in military terms could wind up being more expensive for us. the problem with the defense budget and thinking about his military risk is we are the captive and potential victim of forces that are beyond our control. we can decide what we want to do about social security act and it is a finite situation. but people can do thin

corporate america has to spend some of its money to hire people, by new equipment, do research and development. this cannot all be done by the government. but there are hundreds of billions of dollars in corporate treasuries that the corporations simply are not spending t. tavis: and what is the abiding lesson that you want to share with us that you take away from this four seasons in this life you live. >> back to the theme we started with and that is that life, given my religious background, is not simply about doing something for myself or my family and a leading everybody else behind. we are a national community. we recognize that in the age of roosevelt won the country was in terrible trouble. and the more we unite and think of ourselves as a big society and a big family, the better of this country will be, not just today but for generations yet to come. tavis: the new book is called "the thunder and the sunshine -- four seasons in a burnished life." thank you for your time again this evening. >> thank you appeare. tavis: until next time, keep the faith. >> for more information on today's

brilliant engineers, entrepreneurs, innovators, and, of course, my colleagues, to ensure that research and development continues to flourish in this arena as we implement the new act. and i want to thank congress for passing that as well. so thank you, mr. chairman, for the presentation. >> mr. chairman, i too would like to welcome gregory, and i call you gregory because i'm not sure how to pronounce your last name. [laughter] >> and i think also to karen and joel for always informing and remaining enthusiastic about an area, in particular areas that we should be enthusiastic about. i had the opportunity to join many of my colleagues when the president signed this bill into law. and i thought he had a handle on exactly what it meant. i knew it was incredible. stevie wonder was there. i thought i had a grasp on it and he'll larry gave his presentation about the potential, about how, you know, what that now i can mean for the enhancement of individuals in terms of entertainment and other information, vital strategic information that serves us. i am even more enthused about the potential of what we have

half billion generic and patriot fans says a year and mark has also plans to double investment in the research in the russian research and development program that's all i have for you this hour by hour back with more in about thirty minutes from now thanks for watching. and discovery. communicate with the wind. and become free. see what nature can give you. the. world. bringing you the latest in science and technology from the realm of. the future earth covered. here with our t.v. live from moscow our top stories about the rooms is dealing with the aftermath of violent protests by the opposition to alexander lukashenko is when the presidential elections hundreds of people were arrested including a number of presidential candidates who claimed the vote was rigged meanwhile o s c e monitors are demanding answers on the around us and ballot irregularities. north korea calls artillery drilled by the south of iraq once military provocation but vows to refrain from retaliation to spite previous droughts moscow has warned saul to cancel the war games to avoid further tension. russia is battling with an overflow of illegal immigrants on th

an proprietary medicines a year margins also plans to double investment and its russian research and development program. that's all we have time for this hour but i'll be back with more and less than fifty minutes from now john with. it's the secret incursion into the country. it's the invasion by means of. tradition the language the jello you visit the dusty beat the beat. and culture. are still unaware of what's going on in the land you're still asking how much you. like this i don't know you but. the great. one archie. live from moscow and these are the headlines at six thirty pm the worse is dealing with the aftermath of violent protests by the opposition to alexander which the question calls when in the presidential elections hundreds of people were arrested including a number of times candidates claim to vote meanwhile o s c e monitors are demanding answers on the a rabs and ballot regularities. north korea calls artillery drills by the. sound of breathless military application for frank from retaliation despite previous threats moscow was warned seoul to cancel the war games to avoid fur

mark godley, director, research and development, chestnut health systems, bloomington, illinois. fran, what is the extent of the problem with youth in america? our most recent survey from samhsa is that around 10 million, a little over 10 million of our young people, are using alcohol and substances. that actually breaks down to 26 percent of them are drinking and another 17 percent of them are binge drinking, which is having more than five drinks in a row at one setting. so it's a concern of ours that our young people are really starting to accelerate drinking and drugging than they have in the past. and mark, it's really...as fran has mentioned, alcohol is really the main problem. what other substances are youth taking today? while most youth who use, do use alcohol, marijuana runs a pretty close second with high use in marijuana. but probably the most rapidly growing segment of new use is in the prescription drug area with high increasing numbers of new users coming into the system who've used prescription drugs and normally getting it from a relative or from friends. and inha

proprietary medicines a year and the barge is also plans to double investment and its russian research and development program it's all the latest work you could find most always on our website r.t. dot com slash business thanks for watching. culture is that so much different and there's a huge music issue of mind. when embarrassing failure this is how many describe washington's most recent attempt to reach a peace settlement in the middle east is it time for the us to drop to create. the official location on the phone the i pod touch from the jumps to. life on the. video on demand keys of mine. and r.s.s. feeds now in the palm of your. question on the dot com. or go back and help are now arum ok this insulting bellary for dealing with the bulk of their protests by the opposition taliban in the shadows when in the presidential elections hundreds of people were arrested including a number of presidential candidates who claimed the vote was more eggs meanwhile although i think the maldives is a demonic all this is going to be a rason palace a regular sequence. no. career cools artillery drills by the so

and proprietary medicines a year novartis also plans to double investment and its russian research and development program. consumer demand has been key to russia's recovery from the financial crisis mark rubenstein from metropole thinks that this will help shares in spare bank before market your bank is a proxy for the russian market and also a proxy for the russian economy to date it is. fundamentally on numbers it's growing and it's it's doing really well financial results three there's a speculative dry wood next year we expect their banks a.d.r. program to be launched and that's going to bring in. many more additional vessels into the name because the bank will the shares will become accessible internationally. the latest business out there we have for you do log on to our web site gawker dot com. it's the secret incursion into the country. it's the invasion by means of. tradition the language the jell-o. you. bestie beat the beat. and culture. the thing is. the have the dozens are still unaware of what's going on in the land still asking my dear. i don't know anything about the alaska. on ou

generic and proprietary mentions a year margins also plus a double investment and its russian research and development program. consumer demand has been key to russia's recovery from the financial crisis mark rubenstein from metropole thinks that that will help shares in burbank outperform the market no bank is a proxy for the russian market and also a proxy for the russian economy too is that it is. fundamentally on numbers it's growing at its it is doing really well the financial results three there's a speculative dry wood next year we expect their banks a.g.r. program to be launched and that's going to bring. many more years for investors into the name because the bank will the shares will become accessible internationally. and that's the latest that you can find most or is all website i t dot com slash presence. of this nature and discover its beauty. a communicate with the wild. test yourself and become free. to. see what nature can give you on the. culture is that so much given to each musician of mind. when embarrassing failure this is how many describe washington's most recent attempt to reac

three years from now we have not collectively hired more people to expand and invest in research and developmentch new marks than we have not succeeded. we have a clear interest and that is the point of today. >>shepard: we are better off if the small companies do well, and how for 10 years have you scored the head sets from the nfl side lines which says motorola written on there the size of a billboard in times square. motorola, baby, best of luck. happy holiday. on the road to recovery and looking for what is working in the battle for the holiday spending we hear mom and pop stores are catering for those looking for more than discounts. and now the news live with us now. >>guest: in this tough economy small cars have to be creative and offer more than just a high quality product and great customer service, here is how a few retailers are managing to stay afloat. for this independently owned store in california, competing in the shadow of a major target means standing out in other ways. >> they cannot give one and one personalized service they will not serve their customers breakfast on friday

generic and preparatory medicines a year and novartis also double investment in its russian research and development program. that's all i have for you this hour join me at twenty past the hour for more here on business starting. for the we've got. the biggest issues get a human voice ceased to face with the news makers. here with our to you live from moscow these of headlines at four thirty pm bella groups is dealing with the aftermath of violent protests by the opposition to alexander lukashenko when in the presidential elections hundreds of people were arrested including a number of presidential candidates who claimed the vote was rigged meanwhile o.s.c. e monitors are demanding answers on the ras and a ballot and ballot the regularities. north korea calls artillery drills by the south a reckless military provocation but valve's to refrain from retaliation despite previous threats moscow has warned seoul to cancel the war games to avoid further tension. and russia is battling with an overflow of illegal immigrants and the trunk shows no sign of slowing down even though they come from poor central

our tools in this area and i wanted to bring that up in the sense that there is some research and further development that needs to be done in engaging the university communities and other research organizations. but i think we gain much out of such improvement. as a second point the development of pilot projects. as mentioned again, i want to highlight it. i think it's an effective means of demonstrating something can happen. those are most effective if they involve participating decision making, and very much so in this meeting but decision making given the uncertainty. i just want to highlight that. lastly, i think the issue of comparative studies should not be underestimated. as we mentioned before, looking at the past compared to the future and what we believe the future is, again, looking at doing something about potential climatic change verses in case we don't do something about it, i think again, would provide a place for public communication and regulation process. >> thank you. yes? >> i'm with the hydrologist, barry wilson eluded to this, i think it's important to monitor what is happenin

for example, i'm a strong supporter of the research and development tax credit. when companies invest in developing new technologies as the r&d tax credit helps them do, they generate high-paying jobs and solutions that make our -- that change our world for the better. investment in research and development plants seeds that will grow our economy and create jobs for decades to come. i believe we should make the r&d tax credit permanent myself, but i'm pleased that senator baucus' plan extends it for at least two years. the baucus plan also reauthorizes federal unemployment benefits and the extension of unemployment benefits is one of the best things we can do to help average americans and stimulate our economy. this money won't sit quietly in the accounts of millionaires and billionaires. it will get spent immediately at the local grocery store, at the pharmacy, at the gas station and at other small businesses that need that spending the most. in fact, economist mark zandi, who was a former advisor to senator mccain, has cited unemployment insurance as one of the

we don't need while still making investments that we do need, investments in education, research and developmenttion, and the things that are essential to grow our economy over the long-run, create jobs and compete. if there's any lesson to draw from these past few weeks, it's that we are not doomed to endless grid lock. we've shown in the wake of the november elections, that we have the capacity, not only to make progress, but to make progress together, and i'm not naive. i know there will be tough fights in the months ahead, but my hope heading into the new year is that we can continue to heed the message of the american people and hold to a spirit of common purpose in 2011 and beyond. >>> now on to some severe weather. governor arnold schwarznegger has declared a state of emergency in six southern counties hammered by heavy rain overnight. in san diego county, people had to be rescued from flood waters. downtown laguna beach was inundated with 4 feet of storm run-off, and in los angeles county, some are refusing to evacuate, even though those mud slides are threatening their homes. >> i truly

we have to focus on research and development, innovation, we have to make sure that in every sector, from manufacturing to clean energy into high-tech to biotech, that we recognize the private sector is going to be the driving force, and what the government can do is to make sure that we are a good partner with them, that we are a facilitator. in some cases, we are a catalyst for a fledgling industry. and that means that we are -- we have to look at some of our old dogmas, both conservatives and liberals, to think about what works. if there are regulations in place that are impeding innovation, let's get rid of those regulations. . let's make sure that we are also protecting consumers and we are protecting the environment, protecting workers in the process, but let's find ways to do business and that helps business. were doubtful about the approach we took to the auto industry, but that was an example of, there may be occasions during prices were a timely intervention that is restricted can end up making a difference -- during a crisis. i think democrats, republicans, house, senate, t

major oil companies have committed minimal resources to research and development of the spill response technology. the companies. to their financial contributions -- point to financial contributions. but those organizations are underfunded in general and dedicate few if any resources to research and development. federal programs for research and development related to oil spill response are underfunded as well. congress has never appropriated even half of the full amount authorized by the oil solution act of 1990 for oil spill research. some industry representatives have suggested to us that more research and development would not have made a difference to the spill response, because response technologies will never collect more than a fraction of the spilled oil. but we think that argument is a speculative. neither industry nor government has made significant investment. we do not know what could happen with adequate incentive and funding. during the deepwater horizon itself, with government and industry focus on a response technology for the first time in 20 years, some promising new

the company will get a tax credit for research and development. back on wall street, we had a higher day and retail sales beat estimates. under armour took down the bloomberg maryland index. best buy had one of their worst days on wall street after the company slashed their annual payroll forecast. shares make him under more pressure. oppenheimer cut its toll-month profit and downgraded its stock. american men spent twice as much on their mistress as they do on their wives. jewelry tops the list. also found men are spending 20% less on their wives compared with 2006. i'm jane king reporting for wbal-tv 11 news. >> it is 19 degrees on tv hill. >> a big star makes a dramatic entrance, but not without paying a painful price. i wonder who that was. don't forget to e-mail us your response to our water cooler question of the day. who do you think "time" magazine should name its 2010 person of the year? you can share your response at wbaltv.com, and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> here is a look at last night's win

we also know that investing in research and development and then coupling that with the manufacturing credit would stimulate the economy, but for ten years of tax cuts, those haven't created a single job across this county tru. in fact, if you look at the democratic side of the ledger, the president's side of the ledger, that's job creation, that's stimulation to the economy. but the tax cuts, the estate tax and those deals doesn't do it at all. i'm hard pressed to identify why it is that this is the best bang for the buck and a good bargain for the person public because you could take about half of the cost of this package and create the same amount of jobs without tackling on to future generations, the cost of billionaire provision. >> is it fair to say that both the republican p party and democratic party when they're brokering deals and doing bipartisan negotiations with doing negotiations based on what is in the best interest of the democratic party, the best sbrens interest of the republican party and even if it is at the expense of america, that a good deal in washington, d.c.