that sort of emerge relation that we have is considered anti- pedicle to have a vibrant -- vibrantical to having a eight, me. -- writes --ght's >> in your conclusion, what you call for it heavy regulation of digital, natural monopolies or convergence of them to nonprofit services every what you mean and how would you do that? how would you regulate some of these companies? >> we look at a company like google or amazon, most people in america, you see a much market power they have. do tok how come we can't build what we did to at&t and break it up too much smaller competitive companies? it will have the benefits without the monopoly. the problem with that as a solution and why nobody takes that seriously is the reason why these companies are monopolies is the technology. for social facebook -- or if i have a choice to go to joe blow, i will go to facebook. if i go to joe blow, it will be a waste of my time. everybody is going to use the number one service as a rule. there may be a second like google plus. the network economics pushing toward monopoly. if you are in a situation where can

lou: not one but to a pedicles slamming the sequester and the incipient because of all of our unemploymentroblems. mr. obama did not mention the very same sequestered that his white house proposed and the same sequester a sign in the law . more in a moment. theeaction to those presidential style hypothetical as well. his call for a grand bargain. the budget committee and others. also tonight talking to the man at the center of house efforts to pass immigration reform in increments, moving carefully, and deliberately. the chairman of the house judiciary committee is here also to knock down some reports. one of the more powerful leaders is rhard smith. whether he wants to hear it all about any further regulation of the housing and financial industries the so-called grand bargain. repackaging of all the ideas. doxies chief white house correspondent ed henry has a report. >> fist bumping an employee in tennessee, president obama claimed he had a new grand bargain deal to cuthe corporate tax rate down to 28%. in exchange for republicans accepting changes to the preciation rules are one time fee