i will not monitor every single thing you're doing, areou speeding, their highways and downtown, maybe someplace quitted longistance c c create invisible fences for th. thopenf a nversation for a contract between them. they knew what i expected, and what they were supposed to do. if y have an accident or if you are caught speeding you lose the car. cheryl: studies have shown those were monitored by by their parents do a better job driving. they're more careful, they drive slower. i would have to think you would be darn mad abt it. the whole point is to get away from mom and dad. >> it isbout the freedom but you can still be able to monitor. there are a lot of different systems that do a lot of different tngs. have them uderstand speeding is illegal besides the fact it is dangerous. you have other thingto be concerned about, but if your kids have an accident that is a health issue that could last the rest of their life. gerri: tell me about this. >> ford offe something called mikey. it allows you to restrict the mileage. you can seek only drive around downtown, i will limit your speed l

. >> let's start with matthew boil, saying areou comfortable, satisfied with the idea of "gang of 8"ation plan, which a lot of people thought was dead on arrival, what is going on? >> well, it is dead o arrival in the house, it is something that i do not support. i've been working all year long as you know, that do a step-by-step approach, enforcement first, legal reform. then, find an appropriate legal status for people who are not lawfully here, senate bill gives that status first then says oover the years, we'll go ahead, and secure the border, to do everify, and s on, that is what happened in 1986, with an easy pathway to citizenship, and then, we had no enforcement. we sll don't have the enforcement. then, the senate bill also, gives that pathway to citizenship, a special fashion wayhat people --athway that people who are not lostly here would get, people who have gone through process legally for generations have not gotten, we have a lot problem with the senate bill. we're doing it diffently in the house, the speaker made it clear he will not take up the senate bill in the hous

gerri: areou on the cloud? an easy way to keep your information in one place, but also easy prey for thieves. how to keep yourself@í0x;ñt gerri: all right, storing your files on the cloud is more important than ever. offering users ample space for their files, but just how safe are these sites and what are the dangers you are facing? mea reporter joining me now with how to protect your data on the cloud. i had to tell you i am so worried about this because all of my stuff is there. you want to know what coupon i've got? it is up there. you wa to know where i live? anything about me is there. should i be concerned? >> the same concern as always, w the consequences can be a lot more severe as you said, it is your photographs, your documents, your li, somebody gets into it, can be big ouble. the cloud is not that new. you have been using it all along. the differences in the old days we had hard drives, flash drives or cd-ro, and priesey let us put the documents, the photos, our life in these remote storage devic

areou need help, there paper applications. there will be lots of people to help you. you go to your states exchange, it should say, welcome to the exchange. behind the scenes, it will make a difference. it may make the difference how much on what -- publicity there is, how much marketing there is, because the states that are doing it them selves are able to draw down more money from the federal government to go out and publicize their exchanges. the way it runs should basically be invisible whether it is being run by the federal government, by the state, or in partnerships. host: explain what a partnership exchange is. guest: some states say, we would like to have some control over how this runs, but we are nervous about doing it ourselves. we would like to partner with the federal government. we want your help in doing this. third hybridthe exchange you can collect call these partnership exchanges. host: these partnerships are noted on this chart am kaiser family foundation as the lighter blue exchanges. are theest blue declared state-based exchanges. everything else

areou not think there significant -- significantly affecting them, but when we look at margins and liquidity policy. >> let me ask about the design of great of policies over the last few years. the fed has navigated a minefield of the edge of traditional fed policy, sometimes generating questions about fed independence. it is a topic that many of the audience members study and work on. where do things the greatest threat to central bank independence comes from? members are working on. where do you think the greatest threat to central bank independence comes from? is it from the innovative policies on the macro prudential side and the dealing of financial institutions or aggregate financial sector or innovative policies on what i call the monetary policy side dealing with the stimulus-type role. >> that is a political question and i'm not sure i can do it justice. let me just say a preliminary thing, i don't think the central bank should be equally independent in all of its functions. there are good reasons to have independence in monetary policy making subject to a mandate or subject to obje