and so the f--the gray family has been involved with the reason foundation over many years and we actually have our--reason magazine's summer internship is endowed in memory of--of burton gray, and so boyden has taken an interest in us ... (unintelligible). c-span: walter e. williams. >> guest: walter williams is a professor at george mason university and a syndicated columnist, very articulate spokesman for libertarian ideas and has, again, been involved with reason for many, many years. c-span: now thomas beach and william dunn and neal goldman steinahans--is that... >> guest: steinahans. c-span: got that one wrong. manuel--or manuel... >> guest: oh, he actually goes by manny klausner, yeah. c-span: ...klausner, david koch or koch? >> guest: koch. c-span: david koch. >> guest: david koch. c-span: missed that one, too. james lintott, robert poole, al st. clair, joel stern. any of those folks that you can explain to us and how they get there? i mean, wh--what--what's the central reason why somebody comes to the reason foundation? >> guest: well, i think they are excited about the ideas tha

that was anthony randolph director of economic research at the reason foundation time now for today's big deal. big deal time when edward harris and i are talking about how much you work and what optimal trade off between leisure and productivity is what is the optimal tradeoff i think i got there and we want to get started off with you know germany and germans now you've lived and worked in germany as i understand it and you know can you just talk to me about how many annual days of leave germans tend to get and what their idea of a vacation versus work and time allotted to both is like so in germany and europe in general i think you know you're getting at least four weeks most put five including places in like the u.k. and france and so forth but the germans get up to six so i give you thirty days plus ten days of actual vacation holidays you know like christmas and new year's and so forth so we had forty days off but the thing is that you know my general observation when i was in germany is that they're very strict not just about making sure that they have fun on their vacation and

that was f n e randazzo director of economic research the reason foundation time now for today's big deal. i mean. mr edward harrison i'm so happy to have you here mr yesterday and today we are discussing the big deal some prime autos credit risk and the straw that breaks the camel's back severed we talked about this yesterday but you weren't here so i want to get your thoughts on the subject oh great i've heard yes so my thought basically is that asset bubbles are definitely starting to be formed you know when you use the term bubble you know i don't really like to use the term bubble because. froth you know you can't really say that it's a bubble until it's in the afternoon at the time it seems somewhat reasonable but there are definitely stretches in terms of valuation in the equities and also on the risk for bonds that's where the problem really laws when you have debt and that gets written down so the problem with the from my perspective is that ultimately someone's going to be left holding the bag and the real question is whether or not the economy has recovered sufficiently to

polling director for the reason foundation. >>> women are leading the pack when it comes to starting their own businesses despite what they say is sometimes a harder climb to the top. fox news senior business correspondent is here with more. brenda? >> hey, jim. boys versus girl, men versus women. long standing issue. but in one area, it seems we could have a winner. yes, female small business owners may be outrunning men when it comes to running successful businesses this year. that's the word from bank of america's spring 2014 small business owner report. women are optimistic about their biz prospects. nearly 70% of women surveyed expect their revenue to go up this year. but here's the really big difference between male and female entrepreneurs. the survey found that women plan to put out the help wanted sign more often than men. 56% of women plan to hire more employees this year compared to 50% of men. plus, more than two-thirds of women think their firm will keep growing over the next five years. now, we all know there are differences between women and men, but the survey really

foundation. how moderate and reasonable can you get? i think she has a great chance of winning this. >> megan? >> i agree there is a lot of blood left on the floor during the primaries. in georgia, the republican candidate is the hero of the movie, which means that ultimately you stagger sue the door with one arm drooping.

foundation. how moderate and reasonable can you get? i think she has a great chance of winning this. >> megan? >> i agree there is a lot of blood left on the floor during the primaries. in georgia, the republican candidate is the hero of the movie, which means that ultimately you stagger sue the door with one arm drooping. i think that it is ultimately really difficult at this point to get elected as a democrat in georgia. i don't see even a pretty bad candidate turning it around. >> george is changing a little bit, i think. jimmy carter's grandson could win the gubernatorial race.

the reason foundation recently conducted a survey that they released recently that had some interestingults. some of the highlights include that young people today age 18-29 trust neither political party. they're social liberals and fiscal centrists and are supportive of both business and government. they favor free markets but aren't sure whether markets best drive income availability. they're politically unclaimed. do you think there's any hope for the millennial generation to help stop the growth of big government? >> well, i'll just say very quickly, short answer is, yes, and i think this is where there's a potential for realignment that the republican party just doesn't want to see. and we'll use the example of the murray kids. there are four of them, and they aren't rebelling against their dad. in many ways they are very pro-business, they're pro-free enterprise, they're pro- a lot of the things i am. they also refuse to vote for republicans because of the social issues. and there is, i hate to use, you know, the idea of silent majorities and all that, there is among the millennia

foundation. how moderate and reasonable can you get? i think she has a great chance of winning this. >> megan?i agree there is a lot of blood left on the floor during the primaries. in georgia, the republican candidate is the hero of the movie, which means that ultimately you stagger sue the door with one arm drooping. i think is ultimately really difficult at this point to get elected as a democrat in georgia. badn't see even a pretty candidate turning it around. >> george is changing a little bit, i think. jimmy carter's grandson could win the gubernatorial race. it is going to be a really fast -- fascinating race to watch. it will go down to the wire. makin, let me ask you. paul ryan unveils his anti-poverty program. he spent a year traveling around the country talking to people and coming up with experts devise part of the plan. it is a series antipoverty land? >> it is serious. he actually looked into the root causes of poverty and thought about how to address them. by conservative, it is focused on decentralization, experimentation, incentives, work, those of the things that animate refo

foundation. how moderate and reasonable can you get. >> you think she will win? >> i think she has a great chance of winning. >> i think i agree there was a lot of blood on the floor in the primary but in georgia the republican candidate is the hero of the movie which means that ultimately he ends up staggering through the door kind of one arm drooping. and carries the day. i think that's it's ultimately just really difficult at this point to get elected as a democrat in georgia and i don't see even a pretty bad candidate turning that around. brur georgia is changing a little bit. and also jimmy carter's grandson could win that race. he's running. but it's going to be a really fascinating race to watch. megan, let me ask you. paul ryan this week unveiled his ant poverty program. he spent a year traveling around the country talking to people and coming up with experts and devising how many experts. is it really a serious ant poverty plan? >> it is. he actually looked into the causes of poverty thought hard about how to address them. it's focused on decentralizatio

reasonableness. >> woodruff: the panel's report on internet surveillance contrasted sharply with its earlier finding on phone data collection. it said that effort lacked a viable legal foundation and should be shut down.

determines that flawed design and faulty construction, particularly with the building's foundation, are the main reasons for the collapse. across the globe, a much older and smaller building, a 122-year-old brick firehouse is built to a new location when something goes terribly wrong. the historic firehouse crumbles into a pile of rubble. august 21st, 2008, peekskill, new york, after months of planning, workers begin the slow and delicate operation of moving the firehouse. the firehouse, built in 1890, is home to the centennial hose company. it serves the peekskill community for 90 years before closing in 1980 because of recurring problems with flooding. >> every time we had heavy rains, it would flood out our firehouse. we used to be knee-deep. >> despite decades of neglect, firefighters cherish the centennial and the memories it holds. instead, the city of peekskill decide to move it down the street and turn it into a museum. however, moving a 122-year-old building is not easy feat and firefighters were concerned. >> i was kind of skeptical as to whether it would be able to be moved or not. >> a local

reasonableness. >> woodruff: the panel's report on internet surveillance contrasted sharply with its earlier finding on phone data collection. it said that effort lacked a viable legal foundation and should be shut down. the federal department of homeland security is moving to increase security at overseas wairps direct flights to the

you know, i believe from hearing all the testimony that one of the foundational reasons that government welfare programs can never and will be able to match the kind of services that you provide to the community is lack of relationship. government program cannot love. government program from that can't demand an expectation. it can't break the cycle necessarily. and i want to talk about that a little bit. ms. gaines-turner, if i understood your testimony correctly, we want to break that cycle, everyone wants to break that cycle, you want to break that cycle. but we don't want to get off these programs necessarily. i understand the cliff and there's ways to soften it, perhaps, but if i understand you right, if we were to increase by 300%, 400%, 500%, all of these programs and get more money into the pockets of people by definition they would then be out of poverty and that would be a good thing or a bad thing? >> i wouldn't be a good thing if they were out of poverty and if they were moved out of poverty in the right way. don't push them out of poverty. what i mean by pushing them out of

it's a reasonable move and provides a great foundation for stocks going forward. >> kevin, do you think economists are too conservative on gdp? we have seen those numbers come down significantly in just the last week even though the expectation from consensus is still 2.9%. any chance for a surprise to the upside? >> i don't see a surprise to the upside. i think what's most important is we won't have a second consecutive quarter of contraction. two quarters of a contraction marked a recession. we're far from that. going forward, i think the realistic norm for gdp growth is going to be sub 3% level and that could take place for the next six to eight to ten years where we have gdp growth in the 2% range and that's okay. >> you expect bounce of volatility through the second half of the year. do you think the fed can smooth those over or will those be fed driven? >> i think a large part of that is most investors hope and root for a pullback to re-enter the market. i can make it much more logical case from upside than downside. you look at economic growth and housing starts, i think we're wi

i believe from hearing all the testimony that one of the foundational reasons government welfare programs which never and will never be able to match the kind of service that is you provide to the community is lack of relationship. government programs cannot love. gove programs from that can't demand an expectation. it can't break the cycle necessarily. and i want to talk about that a little bit. ms. gains turner if i understood your testimony correctly we want to break that cycle. everyone wants to break that cycle. but we don't want to get off these programs necessarily either. i understood the cliff and there's ways of softening it perhaps but if i understand you right, if we were to increase by 300 400, 500% all of these programs and get more money into the pockets of people by definition they would then be out of poverty and that would be a good thing or a bad thing? >> it would be a good thing if they were out of poverty and mude out of poverty in the right way. don't push them out of poverty. what i mean is having these programs that you put in order and then you cut them. >> that'

what are the kind of principles in that is one of the reasons joe and i -- he's on the foundation board, i'm on the corporation board of mozilla. in terms of guidance for entrepreneurs, it's a question to say, understand that part of this technology is changing the world, there will be friction points with regulation, with government, and you have to have that as part of your thinking about what your start-up plan is going to be what you're going to be doing what i do personally there, i look at whether it's bitcoin in financial services or bnb and zoning regulation. i go, okay, what should the mature design of the ecosystem be why is that better nor all the individuals and society? and then how do you step in the way to do that, and recognizing there will be a number ofreconc changing the system as that happens. well, it's better for a bunch of the individuals because people can then kind of sublet rooms or apartments in ways that offer unique experiences, create income for themselves. that kind of income creation for our region, for service, individuals, and then also for travelers, t

it's an order of a million dollars a year funded by nasa, templeton foundation, some private foundations. the reason why i think it is, if we discover that we are alone we had better take really good care of life on this planet, it's very precious. and the other thing that's po found if we find we're part of a community and get on the internet and learn all their poetry, music, literature, science we could learn a lot. >> just add briefly, nobody know what is we will learn. if we can decode the signal this is sort of being confronted with hire gliffics you might be able to figure them out it turns out they were written by humans. and there was also the rose ta stone and whatever. but we might never figure it out. if you could you would be listening to data being sent by societies far and advance of us because we're hearing them not the other way around. so they are more advanced and teach you very important stuff. who knows. imagine that the incas find a barrel washed up maybe from europe filled with books. if they could ever figure out the books they would learn a lot of interesting stuff. i don't

dollars a year we are funded by national science foundation, nasa, templeton foundation, some private donations. the reason i think it's profound either way. if we discover we are alone, we better take really good care of life on this planet. it's very precious. and the other thing that's profound too if we find we're part of a galactic community and get on the galactic internet and learn all of their poetry, music, literature, science, we can learn a lot. >> and i will just add briefly, nobody know what's we will learn. if we can decode this signal, this is like hire owe gliffics, you might be able to figure them out. turns out hieroglyphics were written by humans so it made it easier and rosetta stone and whatever. so we may not every figure it out. if you could, you will be listening to data being sent by societies that far in advance of us because we're hearing them, not the other way around. so there are they are more advanced and may they teach you important stuff. imagine the incas find a barrel washed up on the shore maybe from europe filled with books. if they could ever figure out the books, they

fundamentally flawed because it completely misunderstands the problem here at the foundation why this keeps recurring. the reason this keeps recurring is because even though there have been cease-fires in the past, when the rockets stop flying the occupation of palestine and the colonization of palestinian, the siege of gaza, all of which are backed by the force of a massive israeli military, do not stop. in fact, those continue and nobody holds the israelis accountable when they continue with those violations. that's really been the reason why cease-fires have fallen apart in the past. and if we are to get a durable cease-fire, it has to start with holding the parties accountable, particularly the israelis, but then dealing with the underlying problems in the gaza strip which are the continued siege and denial of human rights of palestinians there. >> yes, look, and as you well know, no country on planet earth is going to allow another country to lob missiles at it without some sort of response. the response is overwhelming but of course we know that's where it is going to lead and the civilian lives that are l

reason. there must be a predicate. there must be a justification. some evidence that this official engaged in some type of inappropriate activity. that foundation simply does not exist. >> congress can't just spina someone for no reason. and congressman issa didn't give any proof of wrongdoing before he speubpoenaed david seamus, b issa said that was no problem. >> we do not and should not need a smoking gun in order to look into whether or not taxpayer dollars that are being spent are being spent properly. >> no smoking gun. no evidence. no problem. from benghazi to the irs, to fast and furious, forget the facts. all congressman issa cares about is trying to make a scandal about this president, and he's tried over and over again. in his three years as chairman of the oversight committee, issa's issued 99 subpoenas. that's more than the last three chairs of the same committee combined. today, congressman cummings said, it's time to get back to business. >> members of this committee and i say it and i'll say it until i die, the members, each one of them, represents 700,000 plus people. 700,000. the members should have the chance to deliberate, e

reason to do it. >> use of al pr has interaffed. >> jennifer limp, a lawyer with the electronic frontier foundation says with a.l.p.r. mass surveillance became affordable. >> it has a position to collect data on a scale we have not soon. in los angeles, the l.a.p.d. has 250 squad cars equipped with cameras, and 35 satisfactionry cameras. each records up to 1800 plates per minute with a capacity to collect data, they are very, very large. >> large and according to limp pay to invasive. >> if a licence plate camera pecks up the licence plate many team during the book, it pinpoints the location, charting the pathway through loif. that reveals spsive information, telling who you associate with, which doctor you go to, whether you sleep in a different house. >> north of st. paul, the ramsay country sheriff's office purchased their first mobile al pr. we went along for a test stin. >> what is picking up the licence plates in this licence plate. >> we'll do one more row. >> there we go. >> we have an alert. i run the plate. >> reporter: this time it was a false alarm. inspector rob aljp says he -- alan says he saw a.l.p.r.

reasons. each mile is for a different child who is battling cancer or has died from cancer. >> the race is a fundraiser for his foundation still brave which formed after his daughter died five years ago of cancer. >> i haven't gotten over it. i haven't pushed past it. >> still brave you is plice non-medical needs to families whose children are battling cancer. this race represents the anger, fear and pain that comes with cancer. at the halfway point mitchell starts to suffer. >> it hurts to run like this. but these kids go through worse every day. >> ellen and mark miller, their daughter was the local 10-year-old who despite fighting cancer was an out spoken advocate for more peed trick disease research. he dedicated this race to his friend on the day she died last october. >> what tom is doing is amazing but because our daughter is dead. >> lap three would be the crack in his inked armor. >> adam dropped out at mile 77. mitchell feared he could not finish by himself which led to this out burst. >> how many race versus you run? >> i haven't run any. >> stop saying you know i got it. somehow he pushed past his exhaustion.

reasonable, and it shouldn't harm marine life. >> rutgers university, the university of texas and the national science foundation are behind the research. it's not a done deal, the foundation has to submit a final environmental assessment to the federal government. >>> also in new jersey, governor chris christie today vetoed a gun control bill that would have banned ammunition magazines holding more than ten rounds. the governor insisting limiting the number of bullets in a gun would not put an end to mass shootings. the bill would have reduced the legal ammunition capacity from 15 to 10 rounds. instead, christie called for a reform of mental illness treatment. he'll need the gun lock by support if he decides to run for president in 2016. >>> new information tonight about the efforts to fix the i-495 bridge in delaware. deldot will pour the concrete bases that will spofupport the steel beams under the north side of the bridge. they're hoping to have the bridge reopened by the end of the summer. the bridge has been shut down for several weeks. >> we're tracking more storms across the area. isolated in nature. not too widespread at this

reasons are deeply embedded in history and tradition and the nature of man. we can understand without rancor or hatred how this all happened. but it cannot continue. our constitution, the foundation of our republic forbids it. the principles of our freedom, forbid it. morality forbids it. and the law i will sign tonight forbids it. that law is the product of months of the most careful debate and discussion. it was proposed more than one year ago by our late and beloved president, john f. kennedy. it received the bipartisan support of more than two-thirds of the members of both the house and the senate. an overwhelming majority of republicans as well as democrats voted for it. it has received the thoughtful support of tens of thousands of civic and religious leaders. in all parts of this nation. and it is supported by the great majority of the american people. the purpose of this law is simple. it does not restrict the freedom of any american so long as he respects the rights of others. it does not give special treatment to any citizen. it does say the only limit to a man's hope for happiness and for the future of his children shall be his own ability. it does say that there are t

coming up in 20 minutes the reason some iphone and galaxy users are getting held up in security lines. >> also coming up. >> the whole house shook on the foundation. it was one hell of a blast. >> witnesses describe a powerful explosion and fire at an east bay apartment building. >> fabulous weather day for your holiday. temperatures ranging from the 60s at the coast. 80s inland with mostly sunny skies away from the coast today. i'm tracking a holiday forecast. >>> investigators believe a pro pain tank caused -- propane tank caused the fire at an apartment building. firefighters say five adults and one child living in the apartment building managed to get out safely but neighbors say it was a terrifying situation. >> the whole house shook on the foundation. it was one hell of a blast. >> there were few parents who had to run out with their babies. no clothes on. we went and brought them blankets. >> the explosion came after the owner of the building turned on a propane heater. he was trying to exterminate termites. >>> a ten-year-old boy was one of two people hurt in a random firing of a shotgun in san francisco. it happened just about 3:30 yeste

dollars a year we are funded by national science foundation, nasa, templeton foundation, some private donations. the reason i think it's profound either way. if we discover we are alone, we better take really good care of life on this planet. it's very precious. and the other thing that's profound too if we find we're part of a galactic community and get on the galactic internet and learn all of their poetry, music, literature, science, we can learn a lot. >> and i will just add briefly, nobody know what we will learn. if we can decode this signal, this is like being confronted with a hieroglyphics, you might be able to figure them out. turns out hieroglyphics were written by humans so it made it easier, and rosetta stone and whatever. so we may not ever figure it out. if you could, you will be listening to data being sent by societies that far in advance of us because we're hearing them, not the other way around. so there are they are more advanced and may they teach you important stuff. imagine the incas find a barrel washed up on the shore maybe from europe filled with books. if they could ever figure o

dollars a year we are funded by national science foundation, nasa, templeton foundation, some private donations. the reason i think it's profound either way. if we discover we are alone, we better take really good care of life on this planet. it's very precious. and the other thing that's profound too if we find we're part of a galactic community and get on the galactic internet and learn all of their poetry, music, literature, science, we can learn a lot. >> and i will just add briefly, nobody know what we will learn. if we can decode this signal, this is like hieroglyphics, you might be able to figure them out. turns out hieroglyphics were written by humans so it made it easier and rosetta stone and whatever. so we may not ever figure it out. if you could, you will be listening to data being sent by societies that far in advance of us because we're hearing them, not the other way around. so there are they are more advanced and may they teach you important stuff. imagine the incas find a barrel washed up on the shore maybe from europe filled with books. if they could ever figure out the books, they would

foundation to find out. >> i know the importance of snow and ice in helping regulate the planet's temperature, it's one of the reasons i went into studying snow and ice because it's very important to our climate system. and i don't think it really was until about 2002, 2003 that we started to really start paying attention to what's happening in the arctic, because before that we would have, you know, we'd have low sea ice in the 1990s and then it would be followed by a high sea ice year, but what started happening in 2000 is you'd have a low sea ice year and another low sea ice year, and it just kept happening and happening year after year. and that was the thing we hadn't seen before, at least during the last sort of 50 years of data collection. and then when 2007 happened, where you had 26% drop from the previous september in 2006, and everybody was like, what is going on? 'cause nobody expected that large of a drop. it took everybody by surprise in the science community. the rate of decline right now over the last 3 decades is about 14% per decade, and this is actually faster than most of our kind of models are ac