sanjay gupta and this is "the next list." >>> we're now at the mit media lab. the media matter group is the group that i have founded when i arrived at the lab as faculty. >> mary came as a student in computation. at the secondary masters level. we don't tend to hire our own. you know, it's just a principle. but mary was so exceptional that when we had a big search for a position in the media lab, she came out on top. clearly, clearly excellent. >> the immediamedia matter rese group was founded two years ago as a design lab that's dedicated to exploring design that is explored by the biological and natural world. how can we reinterpret 3-d printing that generates or suggests a new design language that's informed by the environment? when you think about other systems in nature, one often thinks of the spider web. so the spiders are creatures of the environment that generate silk and with that silk, they do lots of things. they create trailing routes, they capture their prey. they wrap their prey. they wrap their eggs. so they generate silk for various functions.

is japanese subsidiary will reportedly at mit wrongdoing pleading guilty to a criminal charge however the f.t.c. isis for saying the bank will not lose its ability to conduct business in japan in addition about three dozen bankers and senior managers will be implicated in the alleged rigging now all of these folks will not reportedly face criminal or civil charges but we have seen a few arrests others have been notified they are being investigated so here to talk about how exactly to see this expected deal is neil barofsky really the best person to talk to his former special special inspector general of tarp an author of the book you see right here bailout which was just an amazing account of the wall street bailouts during the financial crisis and brought ski's role in trying to police the entities doling out that cash so first of all professor proxy thanks so much for being here this is i was so excited we had you booked today when more details are coming out of this expected deal so thanks so much both usually these days it's a pretty good bet or you pick any single day you're prob

there is a professor at the university, at mit, one of the top guys in the field, and he said regulating co2 is a bureaucrat's dream. if you regulate co2 it would -- the cost would regulate in life. let's look at your state of arkansas and my state of oklahoma. the cost that is regulation, cap and trade, they tried to do it and you remember this, i was on your program talking about this a longtime ago, they tried to do it through legislation. they couldn't do it. and now they are trying to do it through regulation. the cost would be about $400 billion a year. if you take your state of arkansas and my state of oklahoma and do the math, each family that pays, that files a federal income tax return and pays taxes, it would cost them about $3,000 a year. you don't get anything for it. lisa jackson has been for a long period of time the head of the epa, obama's epa. i asked her the question live on tv. i said, if we were going to pass this cap and trade, would this lower our co2 emissions worldwide? she said no it wouldn't. the reason it wouldn't she said is this only applies to the united st

researchers at mit and uc berkeley use data from cell phone towers and gps devices to track driving patterns and find trouble spots. they looked at san rafael, oakland, san ramon, dublin, and hey ward and were able to get specific data on drivers in those areas. >> one of the key things of the finding is that now we have a sense of who we should ask to drive a little bit later or earlier to relieve the congestion. >> the data could be used to place metering lights and how to run them. >>> shoppers only have four more days to finish their holiday gift buying. tomorrow is the busiest shopping day of the month despite a stormy weather forecast here and across the country. one retail expert says super saturday could be a bigger shopping day tores than black friday. and some stores are cutting prices so they don't end up with merchandise after the holidays. i know that is good news for you mr. clark since you haven't gotten started yet. >> i'm all ready to start. time now 6:51. take aim at ammunition how san francisco is considering a first of its kind plan to reduce gun violence. >>> a rate hike

we spoke to him in may, the professor of linguistics at mit, where he taught for over half a century. here is his comments. >> the assassination of osama bin laden, a small minority of people think that was a crime rate i don't think you should have the right to invade another country, apprehend a suspect. remember, suspect, even if you think he is guilty. after his defenseless, assassinate him and throw his body into the ocean. civilized countries don't do that sort of thing. the navy seals were under orders to fight their way out if there was a problem but if they had had to fight their way out, they would have had air cover and probably intervention. we could have been at war with pakistan. pakistan is a professional army, dedicated to protecting the sovereignty of the state and very dedicated to it. they would not take this lightly. a war with pakistan would be an utter disaster. it is a huge nuclear facility laced with radical islamic elements. but they did it anyway. and right after it, when pakistan was totally outraged, carry on drone attacks in pakistan. it is kind of astonis

- mobile telephony revolution creating the improvements in lithium ion batteries which was helped at mit so this is just one big world of intellectual property and that has led nissan leafs to be built in tennessee. the electrical power grid that was mentioned would provide the power. let me give you a "gee whiz" statistic. that were really put it into perspective. there are too ordered 50 million -- 250 million light duty cars and trucks in the united states and we have enough power-generating capability that if you could wave a magic and have a smart grid and all those vehicles were converted to electric power, which converts into energy at a rate of over 85% vs. less than 20% for an internal combustion engine and, you would not have to build another power plants in the united states of america. with the natural gas revolution that is under way, we have a plentiful supply for electricity to move a significant amount of the 10 million barrels of oil per day we consume in light duty trucks and vehicles and to hybrid or hybrid-electric power and reduce our consumption overall by millions

the college boards are higher than those in the entering classes at mit.was about to come as a shock. a shock and it almost impossible challenge. can smell your professor coming down the hall where you can see here. why is this? in the professor's hand there are sheets of paper and now forgotten technology. the professor enters the room. positions herself at the head of the table and asked a student at the papers around. only half a page of type. 165 words. is 165 words on those pages that will grow businesses. those words are nearly incomprehensible. they contain a set of rules you've never heard of before. they contain rules as tenet axioms. every week for the next nine months, you will be told to go out for those starting rules. it is very doable. just like your brainpower, only one in 10 of you will be able to handle it. those who are able to tackle this assignment will monopolize the attention of the girls in the class. girls desperate for help with homework. but what comes next is amazing. in addition, subtraction, multiplication, division, square ro

to you the global revolution creating the improvements in lithium ion batteries which was helped at mit so this is just one big world of intellectual property and that has led nissan leafs to be built in tennessee. the electrical power grid that was mentioned would provide the power. let me give you a "gee whiz" statistic. there are too ordered 50 million light duty cars and trucks in the united states and we have enough power-generating capability that if you could wave a magic and have a smart grid and all those vehicles were converted to electric power, which converts into energy at a rate of over 85% vs. less than 20% for an internal combustion engine and, you would not have to build another power plants in the united states of america. with the natural gas revolution that is under way, we have a plentiful supply for electricity to move a significant amount of the 10 million barrels of oil per day we consume in light duty trucks and vehicles and to hybrid or hybrid-electric power and reduce our consumption overall by millions of barrels of oil per day thereby reducing the amount tha

little hall at mit. [laughter] he started an industry in boston and little was, you know, he was an academic who then went on to start up the research lab for general motors. now, one variable does better than any other in explaining which older, colder cities came back, and that's skills. the share of the population with a college degree as of 1960 or 1970 does an incredible job of explaining which older, colder cities come back. this is the past ten years from the least skilled to the most, a whopping difference in terms of population growth in the last ten years. if you want to understand why seattle and detroit look very different, you don't heed to look further than 12% of detroit's residents have college degrees while 50% of seattle's do. a college degree goes up by 10%. your wages go up on average by 8%. it's just that valuable to be around skills people. now, the role of skills in explaining why cities come back helps us make sense of the paradox with which i began this talk. the connection betwe

and some of the free market could sort it out right i personally would love to take a slice of an mit. and at the right price i would happily buying into a percentage of these mit kids salaries writer cornell that's interesting but then does that mean that if you are going into say being an engineer you're likely to get a loan but if you want to go to school for theater you're maybe going to be out of luck i wouldn't refine it that much. i would like to bury that because for one thing kids change i was a bio major i was going to go to med school or private school and then up going to chemistry and so what they say freshman year is meaningless. what i'd like to see is the crunch across all of all of the school what i would do is it would force schools to provide a better product to provide students who were more quipped to succeed to actually get a job in. the school goes under yeah well yeah well yeah you could argue that some universities may be too big to fail because they're not held to standards of any kind of company as long as the kids keep borrowing the same business and that brings me

to you the global revolution creating the improvements in lithium ion batteries which was helped at mit so this is just one big world of intellectual property and that has led nissan leafs to be built in tennessee. the electrical power grid that was mentioned would provide the power. let me give you a "gee whiz" statistic. there are too ordered 50 million light duty cars and trucks in the united states and we have enough power-generating capability that if you could wave a magic and have a smart grid and all those vehicles were converted to electric power, which converts into energy at a rate of over 85% vs. less than 20% for an internal combustion engine and, you would not have to build another power plants in the united states of america. with the natural gas revolution that is under way, we have a plentiful supply for electricity to move a significant amount of the 10 million barrels of oil per day we consume in light duty trucks and vehicles and to hybrid or hybrid-electric power and reduce our consumption overall by millions of barrels of oil per day thereby reducing the amount tha

know my pension is safe with roger in charge. 30 years ago, ben bernanke and i had adjoining offices at mit. whenever imagined that 30 years later we would be colleagues with central bank governors and even if we had, we would never have believed that the industrialized world would have faced an economic and financial crisis on a par with the problems seen in the 1930's. as young men, we believed that economics whether it was keynesian economics are -- many of those problems were in the past. we were wrong. to be fair, the worst problems of the 1930's were avoided this time around because of the stimulatory policies injected into the world economy by central banks and governments around the world, although it is said that the recovery of a durable kind is proving elusive. what can and should be done? i want to say a few words about my own economy and then to say a few words about the contrast between the u.k. and the united states which i think is revealing, and some world's about -- words about challenges facing the world economy which is more important than those facing individual countri

at mit. amazing. in the executive office of the white house. she is an expert in medicare, medicaid and all things health. she has been called the health czar of america. how about that? what a powerhouse. so, we actually have a lot of brainpower up here now. all of you could have done very different things. and would love to hear how you ended up picking what you did. >> you have the most interesting background. >> i am a fan of violinists. i was raised to be a musician, and my mother still asks me why i am not. but i wrote for the school paper. it was complete serendipity. i was in college at the university of pennsylvania and i went to a meeting of the naacp. this was the 1960's. i was drawn to the college radio station. i began programming classical music, and then they needed someone to help with the news. it was the height of the civil rights movement, the vietnam war. there were so many issues to become engaged in. after college, i in turn at a local all news radio station, and that was the end

prior to his bank of england service, he taught at the london school of economics, harvard, mit, a cambridged the university of birmingham. he studied at king's college, cambridge and was a cannady scholar at harvard. hearingok forward to when you have to share with us today. the podium is yours. [applause] >> thank you and good afternoon. it is our real honor to be invited to speak to this great club of yours, especially in front of such a distinguished audience today. it is a pleasure to be introduced by roger because we were deputy central bank governors together and it is deputies who make the world around but richard loewy i will never forget in this dark and terrible moments after the attacks on new york in september 2011 -- we negotiated an operation that allow the financial system to keep operating based on trust. and if that demonstrated nothing it showed that the central bank posey oppression is alive and well and the world can exist without lawyers. [laughter] the most important thing is i know my pension is safe with roger in charge. 30 years ago, ben bernanke and i had adjoining

they focus this long and be on a full work dape at five years old and get rid of 10 pure and get mit pay and keeping them in longer. i am so my kidsave fantastic teachers and there are stow many roton ones that are bring down. you don't want them in any longer with teachers that don't need to be here. >> wayne, what do you think little minds soaking up big information. never have i seen any statistics that said the length of time is equated to how bright or how well you are going to do. if you are going to do. separate people by merit f. this can learn in half an hour what takes h three hours. put him in a special. my daughter is a teachener beverly hills in california. she can tell you all about she teaches special kids. >> that's the point. government domination of education prevents new opportunities from being seen. private system it benefits kids that are -- it is a whole field of education thats not developed because of government. john, tha is the systemic limit and that's w quality of education wt down and cost went up. (talking all at once.) >> something happened in the past

at practice. and drink a lot of mitting, to keep the bones strong.f something is hurting, i sit and heat it before practice. >> drink your milk, girls. a lot to be learned there. olivia has a question, as well. i may know the answer. this is a good question. >> do you have a hero? and if so, who is it? >> i do have a hero. and i think that's my mom. she has always been a fighter. she is telling me to never quit and always go after my dreams. so, she is definitely one of my heroes. >> your mother, natalie, definitely a hero. finally, last, quickly, jordan has a question. jordan, quickly. >> what's your favorite kind of music? >> oh. my favorite kind of music is upbeat, like hip-hop. just to get me going, and get me started for the day. >> all right, girls. hip-hop, we all know some things we didn't know about her before. thank you so much for joining in. and gabrielle's book "grace, gold & glory" is in stores now. >>> coming up on "good morning america," we'll take a bite out of what the guinness book of world records says is the world's most expensiv

at the fight. yes, that is mit and ann romney. he visited him before the fight in his dressing room.. he said hello, manny. i ran for president. i lost. how is that for a pep talk? you know, he is a politician. he served as a congressman in his native philippines. i mean i can't believe that pep talk before the fight. >> we don't have a picture of romney when that happened, when -- >> the knockout? >> no. we don't have that picture. >> if you look at mitt romney and then ann romney, he is -- he reacts. she's calm, cool and collected. i don't know if i could sat in the front row. >> it was an incredible fight. >> you are surprised? you were visiting him not too long ago. >> i'm not shocked. over the last year or two, it's been fairly obvious that he lost a step. i talked to his trainer a couple weeks ago and he admits he is not the fighter was a few years ago. what is fascinating now is that manny told me two weeks ago he only had one or two fights left in him. so now the question is will he fight again? >> and didn't he predict a knockout that he was going to deliver the knockout? >>

mit be key to the solution. suggested lead: the pres >>> now at 6:30, president obama hits the road to sell his solution for avoiding the fiscal cliff. the president and the house republicans have just three weeks to find a compromise to stop automatic tax hikes and spending cuts, and both sides say they are ready to talk. cbs 5's danielle nottingham on what might be the key to the solution. >> president obama's public campaign to steer clear of the fiscal cliff took him to a diesel engine planted detroit. >> congress doesn't act soon, meaning the next few weeks, starting on january first, everybody's going to see their income taxes gop. >> private face to face talks were revised this weekend when house speaker john boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax break. >> reporter: republicans have adamantly opposed raising taxes, but some are considering it now if democrats agree to social security and medica

command and control web-based tool that we're looking with mit lincoln labs and dss and i would foresee when we stand up our wing operation center at miramar that the marine corps liaison and the navy liaison and if need be the guard liaison would have access to that tool. the next generation command system is a fantastic web-based command and control technology that we expect to use in the future. with that, thank you. >> thanks. colonel yeager. >> i just want to say you can't underestimate the risk presented by these environments we fly in and really the relationships that we build with cal fire and the training prepares us to mitigate that risk. as rear admiral riveras said, bad things tend it happen at night. they also happen on the weekend and i think we have a 3-day week jepld here but i assure you we are ready to respond. >> from personal experience in 2007, i started training for fire fighting in 2006 but in 2007 was my first actual experience fighting fires and as i went in for my first dip in san diego to fill the bucket about two miles away was my brothers and my brother's house, his wife and my two nephews and that's wh

at thousands of pictures of cairo tonight. they forced president morsey to free the palace. good evening, jim. those andsy government protesters were mitpolice. they calleds for an end to the decrees as well as canceling that snap vote. he has called to ratify a draft constitution. police were seeing fiery tear gas on the crowds. eventually, the motorcade was seen without incident. but then the police slowly left the area as well leaving it to battle protesters. and the opposition called this protest tonight a last warning. the movement has promised to continue the struggle. today several newspapers and tv stations joined in the strike. this isn't over yet. and bring the u.s. and allies closer to the serious vicivil w. former deputy assistant defense secretary. rula let me begin with you. is this going to blow up into a civil war and blow up? >> no, i think it is against him grabbing power. it is a sign that he needs to back off and drop the decrees and make a constitution that is not acceptable by the egyptians. he is not governing in the name of the muslim brotherhood. he needs to listen to them. >> his recent actions suggest that th

i had a friend who is a math degree from mit who did an analysis of this and worked out if god forbid all 28,000 students wish to express themselves at once you would have to crush them down to a rhenium of 238. [laughter] very serious like no, no, to 38. so that's -- the universities are allowed a reasonable time restrictions, things that allow people to study but always have the power to stop that kind of stuff but there is nothing reasonable the public college telling people the speech rights are restricted to the gazebo. more recently the work with the young americans for liberty on this case, university of cincinnati. you have to apply ten days in advance if you wish to protest on campus. they want the right to work petition that was a part of the initiative that was time sensitive. they asked if they would be able to do it but they were told they were not allowed to but if they were seen walking around the campus of the police would be called. now it's even worse because they had evidence that this was only being enforced selectively making it worse in terms of the constitution. but what is the most disturbing about this case i

mit. you want to start a high-tech company. would you started in the united states, where you're getting from your company years down the road will be taxed at 30%, or would you started in china or india where the capital gains tax rate is zero? many of our major partners have zero capital gains tax rates. if you are an entrepreneur or an investment and growth company, you would rather put your money there than in the united states in the future, which is really unfortunate. gerri: okay, let's talk about companies a little bit here. these tax rates are critical to growing companies. >> that's absolutely right. apple and microsoft, for example, benefited early on from high income individuals pumping and a few hundred thousand dollars to help those companies get started and grow. those high income people could alternatively put their money in and say tax-free muni bonds. if we raise the capital gains tax rates, which people are going to say, i'd rather put my money state muni bonds. i'm not i am not going to fund these risky growth companies, which would be terrible for the overall economy. gerri: i think your best argument is lower capital ga

mitted -- limited? the proposal this week. >>> and sal will have one last look at a busy commute on the bay bridge.at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients, from nature valley. ♪ ♪ i was thinking that i hope this never ends ♪ [ female announcer ] nature valley granola bars, nat