gary shapiro is chairman and ceo of the consumer electronics association. he is our guest this week on "the communicators" to talk about some of those issues that tech companies see as vital to the u.s. economy. mr. shapiro, one of your first recommendations was an update of the tax system, and in your letter to the deficit reduction committee you write that, first and foremost, america's corporate tax system is globally uncompetitive. and you go on to say that we -- the u.s -- should take immediate steps to encourage u.s. businesses to repatriate the approximate $1 trillion in accumulated foreign earnings that are locked outside of our country. >> guest: absolutely, peter. thanks for having me. you know, as president of for association, we have 2,000 technology companies, and many of them do business overseas and have money which they just leave there because the united states has this policy of, first of all, having the second highest corporate tax in the developed world and, second of all, taxing all international sales which almost no other developed co

shapiro, wouldn't it -- we want to deal with it long term. this is a short term economic fix that wants to make sense. this is a territory portion of it. change the >> lead is still with the other issues. the complexity of the corporate tax rate which is overwhelming the loopholes -- that is pretty important. this is another recommendation based on the deficit reduction committee. we must reduce the tax rate. such as the are and d tax credit we need to go back to the rnd -- why has not -- why has that not been a permit? >> it is temporary. the members of the >>> committee can say we will do this for you. if there was total tax overhaul, i would bet most people would say the we do not need the tax credit. there is more rational tax system. we have never asked the government for any money for ourselves in any way including transitions. i am uncomfortable talking about this. >> obviously, this letter was to the super committee. i am wondering how the measures that might reduce taxes would in fact be something the super committee should take up?

the nation's top securities regulator, mary shapiro, told n.b.r. today that regulators are not to blame for the collapse of m.f. global. she said the securities and exchange commission and other regulators are investigating what exactly went wrong at the firm. schapiro was speaking at a securities industry conference, where she said the sec is looking at revamping money market funds. one option is to let the value of money market funds fluctuate instead of being fixed at $1 a share. it's a controversial idea, because safety and stability are the reasons most people buy money market mutual funds. erika miller talked with shapiro about money market reform, but first she asked her to explain the role of regulators in the demise of m.f. global. >> ms global's failure is a result of their decisions, investment decisions, bad decisions and not the result of regulatory 235i8ure in my view. >> so it's solely the responsibility of leadership say, the cree jon corzine. >> sure they need to manage their risk, they need to follow the rules. the cardinal rules

shapiro says he takes excellent care of his donors. >> but if you're egg banking, the pressure's offecause the donors taking care of separately, we assure her health first. >> reporter: shapiro says his protocol uses the drug lupron to finish a donor's cycle. >> i think that hyperstimulation would go away completely. >> as it has for you. >> as it has for us. we haven't had it in over three years. >> reporter: and goes so far to claim the film has an underlying mo motive. >> this is an imposition of religious motive. they're trying to get their religious agenda put forward on the backs of infertile patients by assailing egg donation, by assailing fertility treatment. this is a multi-pronged effort to undo roev. wade. >> as a pro-life woman, i have very strong allies on the pro-choice, nonreligious, secular, progressive side. and we are happy to stand there arm in arm and look people in the eye and say we agree here, we are playing with fire here and we want this to stop. >> carrie's unfazed by the film. >> i've seen so much positive and so many people helped, i want to make sure ther

presidential debate on foreign policy with ari shapiro of npr. >> suarez: and we have a newsmaker interview with one of the candidates-- minnesota representative michele bachmann. >> brown: from our colleagues at wttw chicago, we have the story of a tiny mussel that's invaded the great lakes, threatening the health of the waterways and the livelihoods of fishermen. >> suarez: and margaret warner looks at the crackdown in bahrain after a report found the government tortured and used lethal force against the activists. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> computing surrounds us. sometimes it's obvious and sometimes it's very surprising where you find it. soon, computing intelligence in unexpected places will change our lives in truly profound ways. technology can provide customized experiences, tailored to individual consumer preferences, igniting a world of possibilities from the inside out. sponsoring tomorrow, starts today. and by the alfred p. sloan foundation. supporting science, technology, and improved economic

adam shapiro, thank you.ie star and parents of a teenager witnesses today hearing about media practices. the hearing in london comes in the wake of a tabloid hacking scandal. that scandal began when investors say staffers of the news of the world newspaper broke into the voice mail accounts of people they were covering. in one case, they were accused of hacking of voice mail of a 13-year-old named millie do you ler when she disappeared in 2002. those investigators reportedly deleted messages. giving her parents false hope she might be alive. today her mom talked about that moment. >> i rang her phone. >> yes. >> it clicked through on to her voice mail so i heard her voice. >> yes. >> it was just like -- she picked up her voice mail. she is alive. >> shepard: news corporation, which owns the company later closed down the news of the world. news corps also owns this channel. but today an accusation that staffers at another newspaper used the very same tactics. the actor hugh grant told investigators he believes

adam shapiro from the fox business network live in our new york newsroom. hype here actually could be hurting business, right? >> that's absolutely correct, trace. one of the problems is not only is the black friday shopping starting earlier, some retailers started discounting back around halloween. so, there was a survey done by the tax consulting firm bdo. what they found was that you and i may go shopping but we don't do more shopping just because we can get into the store earlier. federation, the retail federation actually found most of us are going to spend less this year than last year. very wealthier going to spend much more. you and i are going to spend 704 bucks. that's down from 718 bucks last year. the real problem is if you are looking at the g.i. joe or can you think if you grip. if it was on sale in october but now not on sale you will be upset and go to a different store. that's one things the retailers are not going to cut it this year. not everyone has black friday fever. especially retail employees, right? >> you heard about mr. hawkins ou

my name is chris schutte and i got my patent, trademark and llc on legalzoom. [ shapiro ] we createdalzoom to help people start their business and launch their dreams. go to legalzoom today and make your business dream a reality. at legalzoom.com we put the law on your side. fantastic! [ man ] pro-gresso they fit! okay-y... okay??? i've been eating progresso and now my favorite old jeans...fit. okay is there a woman i can talk to? [ male announcer ] progresso. 40 soups 100 calories or less. >>> welcome back to "first look." i'm lynn berry. well, just ten weeks after their lavish made for tv wedding, and less than a month after their wedding special aired, kim kardashian is divorcing pro basketball player kris humphreys. >> i want my wedding gift back. >> the crystal? no. here's mark varger. this is a day you have long waited for. >> reporter: what started in a made for tv fairy tale fashion in august met the harsh halloween reality of court documents, reality tv star kim kardashian filed for divorce from kris humphries citing irreconcile differences. that's 72 days after their weddin

i never really thought i would make money doing what i love. [ shapiro ] we created legalzoom to help dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. well... 'cause i could pay a little at a time... but actually we do -- and my kids would be like, "awesome, mom!" oh! i did not see that. [ male announcer ] layaway's back for christmas in our toys, electronics, and jewelry departments. [ whooping ] ♪ it was the best day ♪ it was the best day ♪ ♪ it was the best day ♪ 'cause of you we make a great pair. huh? progressive and the great outdoors! we make a great pair.

i never really thought i would make money doing what i love. [ shapiro ] we created legalzoom to help dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. well... 'cause i could pay a little at a time... but actually we do -- and my kids would be like, "awesome, mom!" oh! i did not see that. [ male announcer ] layaway's back for christmas in our toys, electronics, and jewelry departments. [ male announcer ] layaway's back for christmas oh, we call it the bundler. let's say you need home and auto insurance. you give us your information once, online... [ whirring and beeping ] [ ding! ] and we give you a discount on both. great! did i mention no hands in the bundler? bundling and saving made easy. now, that's progressive. call or click today. [ whooping ] ♪ it was the best day ♪ it was the best day ♪ ♪ it was the best day ♪ 'cause of you

competitive, forcing them to leave their money overseas. >> tonight, on "the communicators," gary shapiro when we talk about economic stimulus, we have this money coming back into the economy at a lower tax rate, 10%. even tied to jobs or capital investments. >> "the communicators," tonight at 8:00 eastern, c-span 2. >> "washington journal" continues. host: turning to economic business matters, specifically manufacturing, we have the executive director of the american small manufacturing coalition, carrie hines. thank you for being here. guest: thank you for having me. host: what is a small business manufacturer? guest: any manufacturing firm that has less than 500 employees. host: how is that sector doing right now? guest: relatively well, given the economy. we recently did a study showing the great challenges that they can overcome. host: what do you think that they are? guest: nearly six out of 10 manufacturers may have a leadership change in the next five years. there is a huge possibility that when baby boomers retire, they need to get labor in replacement positions. host: from the b

coming up tomorrow on the next "red eye" return appearances from adam shapiro and lori rothman and michaelnihan. >> hi, andy. >> hi, greg. >> seeing you makes me think it is time for -- >> "new year's eve." >> yes. >> you know it is. chris, where are you going to be thursday night? >> thursday night i am going to be at the verizon center in washington, d.c. watching my beloved pittsburgh penguins pound the washington capitals. in fact, i will be in section 211, the first row. so any of the cap fans that want to come and see what a penn fan looks like gloating over winning can come and visit me. jen, you never should have agreed to go with me. >> do you know what you are? >> an ass. >> a butch. that's what you are. how did it go? >> it was good. we got to meet the band. tribecca rit them. >> do you have a new hair part going on? >> have i more e-mails about my hair part over any other story. it is not a big decision. i am not balding on one side. it is not a combover just to answer the questions. i was board and wanted to mix it up. >> if you don't want to tell us, that's fine. joe, where a

adam shapiro from the fox business network is live in new york. this point, how much money can customers, the individual customers expect to get back adam? >> reporter: that's the key question. jon corzine when he resigned from mf global there was the 600 million dollar figure people were saying this is sloppy book keeping and accounting problems. they've had a team in there the trustee in bankruptcy court today when he said 1.2 billions was missing, dub the original amount. he also said it looks -- looks like clients could expect to get at best, 60 cents on the dollar back. there are going to be a lot of angry people. >> shepard: are we expecting any criminal charges against anybody? >> reporter: at this point nobody has been charged with anything. the fbi is investigating. when you have this much money missing, as you have the potential for that kind of mixing of funds which is not supposed to happen. almost a sure bet someone going to be in trouble. >> shepard: adam, thanks. >> petition again the retail giant's plan to open early friday has gre

. >> consumer electronics association head gary shapiro and recommendations from its members. >> when we need some economic stimulus, we can have this money comeback into the economy at a lower tax rate and even tied to jobs for capital investment. >> "the communicator's" on c- span-2. >> president obama will deliver remarks on executive actions to help veterans get back to work. he will deal with tax credits and the american jobs acrid live coverage from the rose garden at noon eastern. looking at the republican presidential primary and how it is shaping up in the early primary states. >> at the table, national political reporter for the atlantic. pieces. "religious right still lacking >> when you think about the evangelical party, such a key part of that base. base. recall how important they work? this time around, there is not a candidate that they feel that they can rally around. in a lot of ways, they are frustrated, dissatisfied. they do not like the tone of the discussion around immigration. the leaders of the christian right are still not sure what they're going to do. host: w

jenna: i want to know how adam shapiro gets the party beat. jon: i think hemmer knows where to look for his whiskey. jenna: this is an update on the heels of the largest wildfire in arizona history. there were a lot of questions about how these fires started. there is new information on a group linked to nearly three dozen fires across that state. we're live at the breaking news desk with more on that. >>> also, trouble in toil something just in time for holiday shopping season. the children's gifts you should avoid, and why. we have that next. jon: in the most powerful name in news, acquisitions room, we are always bringing in feeds from satellites, positioned around the globe. here's a look at what's happening right now, tkphog on remote 227, a live look at tahrir square in cairo, where protestors have just been told their military government will hand over power to a civilian government by july. whether that sits well with them, still up in the air. >>> down to 244, the president will be appearing at this event in manchesser, new hampshire,

my name is chris schutte and i got my patent, trademark and llc on legalzoom. [ shapiro ] we createdegalzoom to help people start their business and launch their dreams. go to legalzoom today and make your business dream a reality. at legalzoom.com we put the law on your side. with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to relax, soothe, and unlock tight muscles. for up to 16 hours of relief, try thermacare. real, objective investing help? that's a little harder to find. but here's what i know -- td ameritrade doesn't manage mutual funds... or underwrite stocks and bonds. or even publish their own research. so, guidance from td ameritrade isn't about their priorities. it's about mine. straightforward guidance. that's what makes td ameritrade different. ♪ [ male announcer ] trade commission-free for 60 days. plus get up to $600 when you open an account. >>> more herman cain news is breaking today. he made a big public appearance that we'll show you. one new piece of information really got my attention today.

art shapiro i was struck by listening to barber in there talking to me. republican. considering the chaotic nature of this republican race he is now the face of the republicans today. >> well, i think the republican field is still in so much turmoil. senior senator in the republican party said to me the other day being the leading alternative to mitt romney is leek being the third in command for al qaeda. you're not going to hold the position very long. >> always good to do the number three al qaeda joke. he also did it with mitt romney. >> this is a moment where newt gingrich, maybe even huntsman are wondering if this is their time. >> watching this, it is so surreal. the friar's club. cain is on jimmy kimmel and you're going -- >> you can't make it up. >> it is like a bad -- at this point these would be rejected scripts would they not? >> exactly. that's one reason despite the dismal poll numbers the white house feels better. the 9-9-9 plan was a conversation for a week and a half or two and now we've been on these allegations much longer. for all the b

. >> adam shapiro with fox business network is live in new york with this morning's business beat.ing. >> good morning. >> stocks rallied friday but futures aren't sitting exceptionally great right now. what is your prediction for the day? >> my predict is i'll have lunch in about four house. that is the only constant around here. dow futures were positive and than they went negative. markets are waiting to get next data here in the united states. you alluded to it. what is happening at the producer level but also with consumers. >> now, we also have some retail news coming out soon and what we can expect to hear coming out of the greece and italy. what are we going to have impacting our week do you think? what it is going to be. >> which do you professor, do you prefer italian food and pasta or agreed salads with feta cheese. i like to make a analogies with food. the italians this morning actually sold more debt. they sold some bonds. interest rates came down so traders seemed to like what the italians are doing but they are still over 6%. they, they borrowed roughly $4 billion th

it was really easy to do. [ spits ] [ both laugh ] [ shapiro ] we created legal zoom to help you takemplete your will in minutes. at legalzoom.com we put the law on your side. >>> police and prosecutors who had worked so hard to put together their case against brenda schaefer's fiance were confident he was about to be convicted of murder. would the evidence they had gathered be enough to convince the jury the case had been solved? that they had brought the right suspect to trial? here again is chris hansen. >> after two weeks of testimony and arguments in the case of the commonwealth of kentucky versus melvin henry ignatow, the jury got the case. would they send mel ignatow to prison for the murder of his fiancee, brenda schaefer? four jurors agreed to speak with us about their deliberations. >> i believe we all feel in our hearts he was guilty. >> but they say they were bothered by the lack of physical evidence against ignatow. >> i have to have one hair, one blood sample, one anything. >> they kept mentioning pictures and jewelry, yet nobody showed us any, you know. no pictures, no

it was really easy to do. [ spits ] [ both laugh ] [ shapiro ] we created legal zoom to help you takewill in minutes. at legalzoom.com we put the law on your side. go to legalzoom.com today and complete your will in minutes. ♪ we're centurylink... a new kind of broadband company committed to improving lives with honest, personal service, 5-year price lock guarantees and consistently fast speeds. ♪ >>> in the spring of 2004, businessman dominique digiorgio left baker city, oregon, with his new wife, jean, and moved to a new home in mesquite, nevada. dominique also asked singer dalea wilds, whose career he was starting to manage, to bring her family and come to mesquite to discuss her future. what a weird place to have a meeting. >> right. i never heard of it. >> there was a perfectly reasonable answer. dominique explained that mesquite would be a perfect home base for dalea's career. it was only an hour from las vegas where he said he was licensed to bookings at the mirage and treasure island casinos. >> we went for the ride. let's go see what this guy has to offer, you know? >> they m

. >> jim, aro shapiro, thank you. >>> can cain and romney fighting for front-runner status rick perry is trying to claw his way back to the top. steve forbes is the chairman and editor of chief of forbes media. he has endorsed rick per prip good to see you. good morning. >> good morning. >> i think you just heard, you know, reboot, recalibrate. i don't think there's anybody who wouldn't agree with this statement that rick perry has had some problems as of late. what would you tell him to do to reboot and recalibrate if there's an opening? >> i think he's doing it now coming out with this flat tax plan, which ask a positive one. he gave a very good energy speech a couple weeks ago. when you have substance you define your own narrative and people start looking beyond the mere super fishalitities to what you're going to pursue if you get the white house. so i think the process is already under way. >> right now so far at least before we heard from this woman a little later today, polls show herman cain holding on to support, even polls tan aftken this issue broke. do you think he can sur

it was really easy to do. [ spits ] [ both laugh ] [ shapiro ] we created legal zoom to help you takee of the ones you love. go to legalzoom.com today and complete your will in minutes. at legalzoom.com we put the law on your side. [ cellphone rings ] cut! [ monica ] i have a small part in a big movie. i thought we'd be on location for 3 days, it's been 3 weeks. so, i used my citi simplicity card to pick up a few things. and i don't have to worry about a late fee. which is good... no! bigger! bigger! [ monica ] ...because i don't think we're going anywhere for a while. [ male announcer ] write your story with the new citi simplicity card. no late fees. no penalty rate. no worries. get started at citisimplicity.com. >>> where in the world is mitt romney? these days he's has hadder to find than our colleague on the "today" show, matt lauer. the inevitable gop nominee as he is called has kept a deliberately low profile even as his two main rivals fight off allegations of sexual harassment and deliver bizarre speeches. is it enough to be the stealth front-runner? a man permanently under t

i never really thought i would make money doing what i love. [ shapiro ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. constipated? phillips' caplets use magnesium, an ingredient that works more naturally with your colon than stimulant laxatives, for effective relief of constipation without cramps. thanks. good morning, students. today we're gonna continue... ♪ [ gong ] strawberry banana! [ male announcer ] for a smoothie with real fruit plus veggie nutrition new v8 v-fusion smoothie. could've had a v8. to bring you a low-priced medicare prescription drug plan. ♪ with the lowest national plan premium... ♪ ...and copays as low as one dollar... ♪ ...saving on medicare prescriptions is easy. ♪ so you're free to focus on the things that really matter. call humana at 1-800-808-4003. or go to walmart.com for details. >>> it's no longer a secret that we've got an auction when you look at that 94% number. he or she who raises the most money wins.

i never really thought i would make money doing what i love. [ shapiro ] we created legalzoom to helpeir business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. >>> in today's one minute playback, a train ride one british woman will never forget. lucy rogers was riding london underground with her boyfriend adam king tuesday when suddenly fellow passengers started belting out a republican addition of the classic song "lovely day," someone recorded it all on a cell phone. watch. ♪ just one look at you ♪ and i know it's going to be going to be going to be a lovely day ♪ >> yep, most of the train was singing along. and then all of a sudden the singing stopped and adam got down on one knee. >> will you marry me? >> yes. ♪ a lovely day ♪ lovely lovely >> no word yet on a wedding date. all those singers are from a glee-style show choir based in london and many are friends with the couple. lovely day. t. when someone changes lanes without warning? or when you're distracted? when you're falling asleep at

i am grew shapiro, executive chair of the dart center for journalism and trauma. the columbia school of journalism. welcome on behalf of those the dart center and columbia appeared the dart center is an ideal lab resource center networking mechanism for journalists as well as clinicians and scholars and others concerned with news coverage of violence around in the world. everything from street crime and family violence had to war crimes and human rights. i'll talk more about the dart center in a few minutes. we are here tonight go for a conversation in a celebration. a conversation with robert jay lifton, psychiatrists, public intellectual historian at the best and a celebration of his wonderful and beautiful new memoir, witness to an extreme century. this event is cosponsored by a the dart center and also by nation magazine. i would like to bring up victor novosti, editor emeritus of the nation and mentor to many people in this room, to get a welcome on behalf of the nation and say whatever he wants to say. >> hi, what i want to say is, you know, the nation has h