mci created a dedicated line. you would make a local call in st. louis. they would to a special number an mci number they would pass it to chicago and make a local call in chicago. at&t found out about this, they started shutting down all of mci's local numbers because they didn't like the competition. the way mci managed to survive was that they ended up filing an antitrust lawsuit against at&t. >> because there was a monopoly. >> the network neutrality question is this, it's right to say it's hard concept chally. if our justification is this is a monopoly and we should regulate it it's hard to distinguish that from google or facebook or a number of other things. i think you need a justification that's a little bit more directed at difficulty of entry. if you're going to distinguish the two it's got to be on something structural about the telecommunications infrastructure and the network that people have created that makes it difficult for somebody to come in and enter if you're doing something inefficient. now richard suggests and increasingly he may tu

the pay line of mci a decade ago was one in three proposals would get funded.ay it's one in ten. we have grants that would benefit, and they aren't getting funded, and now they can be funded. it's a tremendous opportunity for california to do the right thing. not only for california, but for the whole world. >> i think a lot of people should pay attention, even if you don't live in california as to what's happening there because i think it's -- it could be an inflexion point in what's been happening for a long time with big tobacco and smoking sessation. dr. john, i don't get to see you in person today, but thanks for joining us. i appreciate it, as always. >> thanks for having me. >> up next, beautiful and bold. we got the story behind these children's dolls that have no hair. stay with us. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. ♪ it has more of seven antioxidants to support cell health. that's one a day men's 50+ healthy advantage. >>> in just a few days there's going to be new and different looking dolls

magnificent seven roger federer purge for his seventh gerry webber open final appearance for donning russian mci usually in the last. rush hour it's all of the european championships adik of accounts charge is needed just to draw against greece to progress into the quarterfinals from group a last night but as richard von portrayed told us that immediately after the game the thumps well it's a stretch too far. for sure our service has been twelve in championships all for an incentive to play against greece while the greeks have one thing that they want to do not just offended numbers and try to get russia on the counter-attack i mean play a big game plan work around certainly treat on the sort of half time there are no speech in the russian defending so why are they going it's a free run on mouth is and is shot from the back of an attempt to get the greeks to lead russia hunt played by rivet in play well even they just weren't able to create anything in attack to be honest i'm not one major major problem the longer game went on russian made for shooting for the greek defensive play was just absol

not only that but james gorman -- >> just to qualify, bill, it is not morgan stanley, it is mci index rebalancing. >> i understand. but what is being suggested is that they were doing something specific to facebook, perhaps to dress it up ahead of maria's interview with mr. gorman. but this is all part of standard procedure at the end of that month as they were doing rebalancing, can correct? >> and james gorman several times during the interview talked about the positive facebook stock during the day. basically saying look, we are in a volatile situation. let's not look at everyday in the two-week period. let's take a look at this company over the long-term. let's look at it at one year. what you are suggesting is morgan was supporting the stock and in fact pushing it higher on the day we spoke with james gorman. my question to you, gary, is are we not expecting morgan stanley to support this stock? they were the lead underwriter. we knew they were supporting the stock from the get-go. >> that's essentially what what any ipo is, supporting the underwriter from the start. >>> so 5.1 m

and as for some of those hard feel, and the romney chongs sthoerz those lying and there are in mas mci who at least have the governor of massachusetts. >> i just got off the phone with the chairman saying he had a fine working relationship with mitt romney and he did try to make some gestures passed when they were both in the statehouse together. wolf, i have to tell you this was a scientific experiment that we embarked on here in boston. we did not announce our arrival and did not call lawmakers ahead of time and say we wanted to talk about mitt romney and mostly to complain about that elevator, but talk about romney in the statehouse, and if there is a reporter in the room, democrats want to come to you and talk to you about mitt romney. >> thanks very much, jim acosta reporting from boston. >>> he's one of the biggest guns in r president obama's re-election arsenal and now bill clinton is raising eyebrows with surprising remarks. is the former president going rogue, and we'll talk about the presidential campaign, former governor and potential romney running mate, tim pawlenty is sta

the very last, his wife who took the witness stand to portray the prosecution's star witness, brian mciiner as a liar. he said he personally injected clemens with performance-enhancing drugs and said he also injected clemens wife, she vehemently denied it in front of the jury. it's tough for the prosecution tow prove and their mistakes caused a mistrial early on. before the second trial the attorney general eric holder insisted this prosecution is merited. >> the charges there are serious ones, it's about testifying falsely before congress. on that basis i think it was a justified use of our resources to bring the case. >> reporter: well in truth it never had to happen. it was clemens at the behest of his attorney who insisted on testifying before congress, even though members of congress told him, don't do it. don't testify. clemens and harden also spoke out publicly on television, of course, which is what got clemens in trouble to begin w. you might say he learned from that lesson, because in front of the jury he clammed up an invoked his right not to testify. jenna. jenna: gregg, tha

. >> the mci arena which is now the verizon center. >> we see this as a rule, right?to develop. >> i think some of these things which, you know, as an architect, you find out what is controlling this world. architects love to think they have stuff to do with shaping territory, but not that much. in the case of new york city the other night. had a conference around the foreclosed show, which is why i was here the last time, the housing development agency for the city, he made an incredibly lucid argument about the billions and billions of dollars that new york city has spent on trying to produce affordable housing the last 20 years. but his point wasn't success or failure, but the degree to which the world we have is far from organic. >> right. >> and it is laden with directives and initiatives and, in his case, this was a positive thing. i bring it because we were talking about unintended consequences before we came on. the brook amendments in 1969 sent house rolls at 30% of household main income and it was meant to be a positive thing and senator brooks from massachu

modern telecommunications revolution in large part is the result of mci's battling in the 1970's to competegainst the at&t monopoly. federal express created a resolution the -- revolution of battling against regulation in the 1970's. my policy recommendation, remove subsidies, tear down barriers, and i think we will unleash more economic growth. i think repealing farm subsidies would spur innovation and the agriculture industry like new zealand. we need to go in that direction. privatizing amtrack, the air- traffic control system, those sorts of reforms i think would spur innovation and give an new areas to work in. last week we saw the space station, that is the idea the good job they can do if we give them some space. tax reform is in portland. i know the chairman supports lowering tax rates and eliminating loopholes. we do need to lower the corporate tax rate and capital gains tax rate. it is very important for venture capital and angel investment. i support the approach to tax reform. that is about all my comments. we have all kinds of other proposal ofcato's website. >> thank you. >> i

modern telecommunications revolution in large part is the result of mci's battling in the 1970's to compete against the at&t monopoly. federal express created a resolution the -- revolution of battling against regulation in the 1970's. my policy recommendation, remove subsidies, tear down barriers, and i think we will unleash more economic growth. i think repealing farm subsidies would spur innovation and the agriculture industry like new zealand. we need to go in that direction. privatizing amtrack, the air- traffic control system, those sorts of reforms i think would spur innovation and give an entrepreneurs new areas to work in. last week we saw the space station, that is the idea the good job they can do if we give them some space. tax reform is in portland. i know the chairman supports lowering tax rates and eliminating loopholes. we do need to lower the corporate tax rate and capital gains tax rate. it is very important for venture capital and angel investment. i support the approach to tax reform. that is about all my comments. we have all kinds of other proposal ofcato's website. >>

maybe congressman sharp mention the fact natural gas is selling for about $12 to $20 a barrel or $2 per mci compared to europe, which is like five times as much from a six times as much, eight times as much. so we have a competitive advantage for industries now. natural gas be much, much cheaper. i know that if your homes in the northeast and main there are few oil, not natural gas, but my guess is conversions will be taking place and be a significant savings that homeowners will enjoy for decades. >> we are very limited in name to run the pipeline for a million dollars a mile. we have to have incentives in that regard. there are areas in which they are making those decisions to do it, but obviously it's not pervasive. but the must attend state in the country on home heating oil. >> arabi are many, many efforts for low-income energy assistance over the years and wrestling with you on some of those issues on the budget committee and the want. i compliment you for your effort and represent patient. i do think the network expansion to the distribution lines is increasing the pipes throughout t

the modern telecommunications revolution is the result of mci's battle during the 1970 costs to compete against at&t monopoly. federal express created a revolution and package delivery by battling against government regulation. i think mike recommendation cannot remove business subsidies, tear down barriers to october norris -- to entrepreneurs. repealing farm subsidies would spur innovation in agriculture. we need to go in that direction. privatizing amtrak, the air traffic control system, as canada has done -- those sorts of rougher will spur innovation, and we saw last week the success of the spacex flight to the space station. that is the example of the awesome job entrepreneurs can do. tax reform is very important. the chairman supports lowering tax rates and eliminating loopholes. we need to lower the corporate tax rate. it is important for business investment and venture-capital. i support the chairman boss approach to tax reform. -- the chairman's approach to tax reform. thank you. >> congressman waxman. >> i am honored to be among you to discuss this very important issue, which