that is the reality of this new high bertrand's print oral that we listen, and i think that we are all struggling with trying to figure not how to best to develop new policy structures and approaches for dealing with that. it is a challenge to do. it's much easier to write policies and implement successful programs, and no one has got all the answers. so i think it's good that congress is focusing on and it's also very important that they work closely with the global the internet community and as well as civil rights, civil liberties groups and make sure that the right balance is achieved in any legislation that created, and in general we have a lot of regulation here. the internet is a force of its own. the existing legal structures for many of the rights we have in society coming and we have to be careful not to create new legislation that is very difficult to implement or that intent upon this openness of the internet that we all enjoy. >> you are watching c-span communicators program. our guest is rod beckstrom who for three years served as president of the internet corporation for

hagerstown and an north of frederick and into it emmett's bertrand thurmont, there's been rain off andl rain, actually, early this morning. 74 in arlington, 74 la plata, 72 in strasbourg, virginia. there's a heat advisory in effect today starting at noon until 9:00 p.m. for the metro area, and down the 95 corridor. it will feel like 100 degrees to 105. 91 degrees by noon. 97 will be are higher temperature -- our high temperature. when it rains, the air will cooldown briefly. we will have scattered storms popping throughout the day as early as 11:00 a.m. all the way through about sunset. there's a slight chance one or two storms could last through the fireworks time. a very slight chance. maybe not all the storms will be over by then. warm and humid for the fireworks upper 80s. we are in the reach of 100 today all the way through saturday. cooling down by monday, upper 80s. steve, the commute. >> troubles on the b-w parkway. the road is blocked both ways. we started with it this morning. you can continue northbound on 95. the accident happened at the ramp to greenbelt road northbound. n

bertrand was the name of the signer. he wrote that his friend predicted that the president would be reelected by the smallest plurality given him in his four campaigns. that was the smallest popular vote a relative to the other side. it was still a big vote. he also claimed that a new has yet unforeseen circumstance will cause both japan and germany to come to their knees literally. 1910. 1910. predicted this in a sense. now, is that a contribution to history? nevertheless, it is so curious that i thought i had to put it in. and so he predicted the electoral vote very closely. roosevelt did when. he received 432 electoral votes to do is 99. that is a big difference. it does not reflect the electoral vote, which is a lot closer than that. nevertheless to roosevelt won. do we took a long time until he conceded the election. roosevelt finally heard from him in the early hours of the morning, not that he conceded, roosevelt, but that he conceded he had not won on radio. he was told that by one of his secretaries. roosevelt s

the bank sent the head of derivatives for italy, bertrand des pallieres. >> smith: you went to rome.you helped them enter a derivative contract. did it effectively lower their deficit? >> this transaction? did it lower their deficit? it's... this transaction probably had... yeah, this transaction lowered the deficit, absolutely. but... it's probably inappropriate for me to discuss, you know, too specific details. because i think i have duty towards clients. i have duty towards my employer. >> narrator: not all the details are known. but italy and j.p. morgan entered into a currency swap, a commonly used derivative. except in this case, the swap was more complex. it had a built-in loan. >> this was done with j.p. morgan and italy as a derivative rather than as a traditional loan. it was not put on the financial statements. it potentially deceives the other countries in the euro zone into thinking that they are cleaning up their books more than they really are. >> narrator: in 1999, italy was allowed into the euro zone. >> the euro is the beginning of a strong european union. we shall