join me in welcoming bill gates. >> thank you. i am grateful forever your invitation to address ow this special day. to express my gratitude, i brought this with me. this bag is helping lift 10 million people out of poverty. farmers in central and west africa grow black eyed pea s. they are hearty and protein rich. weave ils destroy half crop after it is harvested. or they did until receipt cases developed this nylon back that costs less than $2 and keeps out the bugs and increases poor farm family incomes by over 25%. that bag is a good example of the many partnerships our family has with aplu members across the country. the american public colleges and universities do the finest research in the world. you create knowledge not just for its own sake, but to improve people's lives. on behalf of the foundation, i want to thank you for that. today i want to focus on the one thing you do that is even more important in that research. that's providing great education to almost five million students. the moral act created a system of pub

. >> you know bill gates. have you said to him, "80% of what you're throwing down there in africa is not gonna work"? >> well, i've said it a little differently, i think, and that is that we need to quit thinking about trying to do it like we do it in america. >> the buffetts and bill gates when 60 minutes on cnbc returns. [ female announcer ] it's time for the annual shareholders meeting. ♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will distribute his usual wisdom. and you? well, you're the chief life officer. you just need the right professional to help you take charge. ♪ that could adapt to changing road conditions. one that continually monitors and corrects for wheel slip. we imagined a vehicle that can increase emergency braking power when you need it most. and we imagined it looking like nothing else on the road today. then...we built it. the 2012 glk. see your authorized mercedes-benz dealer for exceptional of

. >> you know bill gates. have you said to him, "80% of what you're throwing down there in africa is not gonna work"? >> well, i've said it a little differently, i think, and that is that we need to quit thinking about trying to do it like we do it in america. >> the buffetts and bill gates when 60 minutes on cnbc returns. high schools in six states enrolled in the national math and science initiative... ...which helped students and teachers get better results in ap courses. together, they raised ap test scores 138%. just imagine our potential... ...if the other states joined them. let's raise our scores. let's invest in our teachers and inspire our students. let's solve this. >> warren buffett wants his oldest son, howard, to succeed him as chairman of his multibillion-dollar holding company, berkshire hathaway. it's not unusual for a father to want his son to take over the family business. but it's a little unusual in this case. howard doesn't pick stocks, he picks corn. howard buffett is a farmer. and as le

bill gates and steve jobs are very successful as entrepreneurs. he very much wanted to rely on the last generation's templates for how to organize it. to rely on the federal government. the government provided the kind of protection he needed in order to pursue his business. in the case of that -- in the case of bill gates come he famously had a very great good fortune to stumble upon the telephone and computer and software business at just a moment the moment that ibm was looking for a developer. ibm gave him the kind of running room that the federal government didn't give morse. >> are you saying that telecommunications in the u.s. has been regulated since day one? morse was the regular. mutations networks have been regulated in this country because they have been regulated in different ways. in the case of the telegraph, the original idea was for the telegraph to be coordinated like the post office. morse tried for seven years to sell his patent rights to congress. and only when congress refused to purchase those patent rights did he go on and

. >> bill gates: it's a big challenge to make sure his money gets used in the right way. >> stahl: billn described as warren's "third son." they vacation together, spend their birthdays together. so the size of his gift to gates left an impression that the buffett children were given short shrift. warren buffett doesn't believe in inherited wealth? >> warren buffett: i don't believe in lots of inherited wealth. i haven't been spending my life trying to figure out how to transfer wealth and not have taxes and all of that so there can be a dynasty of all kinds of little buffetts going around for hundreds of years, never having to do anything. >> stahl: but don't cry for those little buffetts. howard, his brother peter, and sister susan have gotten multi- million dollar gifts of money and berkshire hathaway stock from their parents. so while he's not on the fortune 500, howard is, by any measure, a wealthy man. on top of the outright gifts, each buffett child is getting a billion dollars to go towards their philanthropy. but all that pales next to the $31 billion that's going to the gates

it's fascinating to me because it's probably affected my life almost as much as, say, bill gates. when bill and i appear together, sometimes we use the trick question of aside from e-mail, which one of us is on the computer more? and the answer is me. >> you play bridge -- >> i play bridge. >> and every night you spend -- >> a couple hours a night. >> and after all these years of doing it are you a champion? >> no. i'm not even close. i just have a good time. it's the most interesting game i've found. >> and do people know they're playing with you over the -- >> i use the name t-bone. and it's gotten around i'm t-bone. i used to put my age 103 so people would say for a guy 103 he's not bad when i'd do something dumb. >> you met over the years bill gates. how did you first meet bill? >> i met him on july 5th, 1991. meg greenfield, who some of the people here probably knew, had a house out on bainbridge island there in seattle. and she'd call me in the late '80s, and she said, warren, i love seattle, do i have enough money to buy a second place? and i said, megan, anybody that calls

it's affected my life almost as much as bill gates. when bill and i appear together we used a trick question of, aside from the bill, which one of us is on the computer more and the answer is me. >> because you play bridge. every night? >> a couple of hours a night. >> are you a champion? >> i am not even close. i just have a good time. it's a interesting game. >> if people know they are playing with you? >> i use the name t-bone. it has gotten around. i used to put my age as 103. so when i did something dumb, people would say for 103, he's not bad. >> how did you first meet bill gates? >> met him on july 5, 1991. meg h adad a house in bainbridge island in seattle. she called me and said, i love seattle. meg, anybody that calls me and asks -- she wanted to show me her house in 1991. kay graham, wally evans and two others went out there. and then meg knew bill sr and mary gates and said i have the screw out here. can we drop by? mary called up bill and said warren buffett is coming down and we do like to come down? and he said, hell no.

tipping point," he thought in 50 years that steve jobs would have been completely forgotten, whereas bill gates will be remembered by everyone, with statues everywhere, because bill put his money into entrepreneurial things -- i'm sorry, philanthropy. it's the fill it's that that will be remembered. >> i ran into malcolm three or four years ago right when his book came out when he was talking about disruptors and profiled bill gates, when i ran into him, i recognized him. hey, malcolm, i read your book, i love the book, i was wondering why didn't y you profile my bos steve jobs? he said steve didn't want anything to do with it. so i think there was a little motivation there. >> the guy who actually returns your phone calls. >> okay. >> but if you look at edison, other inventors of previous centuries, they are always remembered, regardless of philanthropic or other endeavors. steve will definitely be remembered. >> do you see any of his management style in your own style? >> in my own style? i learned a lot from him, absolutely, you have to look at entire experience. that's when i really learned

i did something dumb so they would say for a guy 103 he's not bad. >> so you met over the years bill gates. >> right. >> how did you first meet bill? >> i met him on july 5, 1991. meg greenfield some of the people here probably knew had a house out on bainbridge island. she'd call me and said warren, i love seattle, do i have enough money to buy a second place. i said meg, anybody that calls me to ask. she bought this house and she wanted to show to the me in 1991. so actually, kay graham, i, rollie evans, maybe one or two others went out there and visited meg and meg knew the senior gates so she called up bill senior and mary gates and said i've got this crew out here. could we drop down. mary said fine. mary called up bill and said warren buffett is coming down. would you like to come. he said hell no. what do i have in common with that guy. he doesn't understand technology. he's hopeless. mary was very determined and said you know, you're going to come, bill so. they negotiated a while. finally they got down to where he said he would come for an hour and 27 minutes or something. he came

every renos, as bill gates father said, there is no such thing as a self-made man. shouldersnd on the of others. we all need a hand from time to time. that sense of community, which i can feel in this group right now, is one that makes america great. just ask nicole sousa about self-made people. she knows. every one of you knows you are here because of others. that compact means you give back to others after you. my generation still has some unfinished business and we need to work on it before we can say we have given back. many of you will be graduating with a huge student debt. the average in this state, $25,000 per student, and many here owe that much or more. that debt inhibits risk taking, entrepreneurship, job creation, innovation, creativity, the kind to build innovations as big as facebook but small as the kinds of suppliers and entrepreneur that we need here and in the state of connecticut to grow jobs. we have asked your generation to occur that that to find a way to alleviate, reduced, and eliminate that that. we need programs that will reduce and elimina

both hardware and software. >> rose: i asked this question to bill gates yesterday. is it that... you were into all these technologies at the same time steve was or earlier, tablet, touch. come on! >> the difference is bill stepped down from microsoft in the same era when steve stepped up at apple. this is my point. it's very hard... the problem with history is you can't run the experiment over again. so you can't run the experiment over again where bill gates stayed at microsoft and would have been there for the last 12 years. we don't know how much things would have been different. it could have been better or worse. we do know apple without steve was not the same as ale with steve. >> rose: wait, we know it's not the same? >> apple without steve...? the interim period when steve got fired and when he came back... >> rose: right, we know. that >> we know it's not the same. so now apple today there's a tremendous challenge which is to keep going but what they have is the ben fit of this amazing organization and that's what steve did, attracted incredible people. >> >

so that we can actually sustain it if we look at the career right now drop it down to sixty if bill gates was paying the same percentage of his income or mitt romney the same percentage of his income in thirty that you do we could we could drop the retirement age to sixty and so security solvent for the next seventy five that's for you that's just at that rate in a long time and we really do need to go back and look at it because it is and it is the great thing about social security is that it's the one of the few things that everybody pays into and everybody gets benefits from i should bill gates get social security sure i mean i think you're absolutely you know i don't hear you and i don't need to drive on roads that our taxes go to mean we're all citizens and we should all benefit from our government absolutely he should be able to i think you can benefit your government also gladly i think gladly say i don't need social security and i don't you know i don't need to have medicare and i don't want to do . should he be paying more percentage of his income probably absolutely but this is

it's the one of the few things that everybody pays into and everybody gets benefits from i should bill gates get social security sure i mean i think you should absolutely you know i don't you know i don't need to drive on roads that our taxes go to mean we're all citizens and we should all benefit from our government absolutely he should be able to i think you can benefit your government also gladly i think gladly say i don't need so security i don't need i don't need to have been working on the notion for him but she. he paying more percentage of his income probably absolutely but this is not just a question over whether or not people get access to social security younger age whether they're able bodied how long they can live this in many regards is a question of especially in the united states whether or not we can maintain the solvency of the system that's why when you say you can bring up paul hart i mean paul ryan and you say well he wants to immediately change the retirement well that's not true he wants to change retirement age over a progressive period of time it's the issue is to tr

former microsoft ceo bill gates. he's scheduled to speak recognizing federal funding for colleges and universities. >> we were talking about who should be the keynote speaker. we immediately agreed on a first choice bill gates. someone who will not only help us recognize and celebrate the last 150 years but challenge us and work with us in the decades ahead. together with his wife, bill cochairs the bill and melinda gates foundation which works to expand opportunitys for people around the globe. their foundation is a leader and efforts to improve global health, alleviate poverty and expand opportunitys for women and with particular significance today increase access to and success in education. their efforts which span the globe are unprecedented and truly exciting. the work of foundation is built on values. it is rooted in the same philosophy as the we're celebrating today. which extended educational and economic opportunity to millions. the gates foundation is involved in many of the same endeavors that today's lan

it has affected my life almost as much as bill gates.ail who is on the computer more? because i play bridge a couple of hours per night. >> are you a champion? >> not even close. i just have a good time. >> do people the zero day play with you? >> i would put my age 103. they would say that is not bad. [laughter] my name is tebow. >> how did you meet bill gates? >> july 5th, the 1991. on the bay bridge island she called me and said i the seattle by what to two by a second place. she wanted to show it to me. so then she called the bill gates to say where buffett is coming down. what do i have in common? he is holt plus. -- helpless. says of a negotiated and we hit it off and still talk a hours later sphere medicaid never convince two? >> they tried to get me to use the computer. >> whether dae could play bridge but i don't understand. >> i thought he said the most beautiful woman working? >> he did. [laughter] as you got to know him better did he influence your views on investments solar philanthropy? >> we have a group of 50 people getti

bill gates begged the administration to increase we need 15 million jobs that americans will not be ready for. if you get a science and math degree. you will get a job. and instead of trying to push this on the young people. this is half of it. and cutting education and telling kies to skip science class. >> i don't think it will make a difference. they have 100 percent more in education for the country. s.a.t. scores went down. in california 30 percent drop out rate. the problem is that education is a and do you think? >> oh, my god. that is on a maul level and math classes cut. but what is the money spent on? fancy dinners. and i come back to the iphone. that is disgusting. it is broke. but the politics aside. what point do we as governments stop with the cuts that could harm us in the long term like this one potentially. i just can't imagine. it is a reality of where we are. and compared to the chinese. i tell you, it is bigger than class sizes. there is a cultural problem in the country right now in terms of how we valley math and science. it is getting worse for decades. we actually

former microsoft ceo bill gates is expected to address the future of public higher education. mr. gates will mark the 150th anniversary of the act that was signed into law by president lincoln. >> july 7th and 8th book tv a american history tv will be on the campus of lincoln university. >> this is probably our most famous -- this is the one that we like to show to visitors when they come into the archives. this is a book about harriet tubman. and the special thing about this book is that it was wring in 1866. the special thing is that harriet tubman made her mark on there, and that is really the most famous autograph if you want to call it that of what we have here and she couldn't read or write so she left her mark in the sign of the cross. >> july 7th and 8th on c-span 2 and 3. >> house veterans affairs subcommittee held a hearing on practices used by schools against veterans. the hearing looked at who would be affected by the president's order. multiple organizations testified along with a veteran's affairs official. this is a little under two and a half hours. >> good afterno

my guest tonight is the cochair of the bill and melinda gates foundation. cochair-- they get all that money and have to share a chair? please welcome melinda gates ( cheers and applause ) hey, melinda good to see you again. nice to you have back. >> likewise. >> stephen: now and your husband, bill-- how is bill? >> he's terrific. >> stephen: please tell him to stop by more often. >> okay. >> stephen: once would be good. ( laughter ). now you're-- you're both trustees of the bill and melinda gates foundation. you have, through your work in impoverished countries, you have saved hundreds of thousands if not millions of lives. do you ever feel like a chump for not having-- ( cheers and applause ) do you feel like a snuck of schmuck for not having a superpac. >> i think what we're trying to do is things beyond one election season so i feel good about the money we spend, particularly in the developing world. q. could land like a ton ofbricd hand pick the person. >> but i'm not interested in doinga that. i'm interested in working with whichever administration get

. >> we're going to need to make bill gates money when you graduate from college. >> your student loan rates could double. what to watch out for when you consider student loans. >>> clear in maryland now but what about our big storms in the south in we'll talk about debby when we come back. >> women, can you have it all, i mean, career, family? can you have it all? we'll tell you >>> we got a coast guard rescued in the middle of tropical storm debby. they got trapped in dog island off the coast of florida where the storm is basically just sitting there. the helicopter ripped a basket. they had to pluck the family and the two dogs from the house but good news, nobody was hurt. >>> congress has five more days to act on your student loan or it could double. listen to this. on july the 1st, the interest rate on some 7 million federal loans will bump up to 7.8%. both sides want to keep it but can't figure out how to cover the costs. cost no matter what happens, millions of students will apply for loans before school this fall. three tips to remember if you or your child plan to loan, read t

. >> and i have an epic battle between steve jobs and bill gates and, of course, what you need. >> thetleneck. of course. >> standards. to check them out click over t . rightthisminute.com and click on best of "rtm." >>> and apparently this is shark man himself having a little meet and greet with this pelican. but doesn't see the last of this pelican. >> he's out there fishing with his buddies. >> there's a striper. >> they catch a bunch. >> yeah, baby! >> throw a lot of the fish back. >> ah. bye-bye. >> but at one point, shark man hd pulls in a pretty good sized striper. one he's going to probably keep. pretty nice catch for the day. right? >> yeah! >> pulls him up here on the rock. takes the hook out of his mouth. >> my poor cousin. >> is that one of your cousins? >> it happens all the time. >> strike back in the bass. >> but -- that pelican comes back around. >> oh. >> uh-oh. >> don't you -- >> oh! he took a snap at him. >> yeah. a big snap, trying to take this guy the head off i think. >> trying to get it away from my fish and he's trying to get me. >> he tries to go for the fish.

gates talks about the state of america's higher education system. he co-chairs the billnd melinda gates foundation for private charity with a 33 billion-dollar endowment. >> we for talking about who should be the keynote speaker of the 150th anniversary celebration act. we immediately agreed on a first choice, bill gates. someone who would not only help us recognize that celebrate the last 150 years, but challenge us and work with us in the decades ahead. together with his wife he coachers the bill and melinda gates foundation which works to expand opportunities for people around the world. there foundation as a leader in efforts to improve global health alleviate poverty and expand opportunities for women coming and with particular significance today, increased access to and success in education. when there are efforts that would expand the global are unprecedented and truly exciting. the work of the gates foundation is built on a simple premise: all clients have equal value. that powerful statement resonates with all of us. and it is rooted in the same philosophy as th

bill gates and his wife rented the entire island for their wedding. no price has been revealed, but island selling experts say it is upwards of $500 million. >> what do you think about that? >> i am not an island selling expert, but i was hoping to pick up the other 2%. i can scoop up the other 2%, but not to be. the a's had a chance to help out the giants tonight. you make the call. did josh reddick make this spectacular catch against the dodgers? sports is next. so... [ gasps ] these are sandra's "homemade" yummy, scrumptious bars. hmm? maybe. rich chocolate chips... i just wanted you to eat more fiber. chewy, oatie, gooeyness... and, and...and then the awards started coming in, and i became addicted to the fame. topped with chocolaty drizzle... and fraudulence. i'm in deep, babe. you certainly are. [ male announcer ] fiber one. fiber beyond recognition. the giants were down in the oc as the cool kids call it, orange county that is. they were trying to take the rubber match, and they had the miss fortune of facing jarod weaver after a stint on the d

bill gates and his wife rented the entire island for their wedding. revealed, but island selling experts say it is upwards of $500 million. >> what do you think about that? >> i am not an island selling expert, but i was hoping to pick up the other 2%. i can scoop up the other 2%, but not to be. the a's had a chance to help out the giants tonight. you kehe call. did josh reddick make this spectacular catch against the dodgers? sports is next. [ horn honks ] ♪ ♪ [ man ] excuse me miss. [ gasps ] this fiber one 90 calorie brownie has all the moist, chewy, deliciousness you desire. mmmm. thanks. at 90 calories, the brownie of your dreams is now deliciously real. the giants were down in the oc as the cool kids call it, orange county that is. they were trying to take the rubber match, and they had the miss fortune of facing jarod weaver after a stint on the disabled list. he threw a no hit neither may. the first batter of the game. he gets a taste of the nastiness and painting the outside corner. he goes six scoreless. the angels get to him in the second.

gates talks about the state of america's higher education system he coachers the bill and melinda gatesoundation a private charity with a $33 billion endowment. >> we are talking about who should be the keynote speaker at the 150th anniversary celebration of the act. we immediately agree on a first choice bill gates. someone who would not only help us recognize and sabrue the last 150 years challenge us and work with us in the decades ahead. together with his wife bill co-chairs that bill and melinda gates foundation which works to expand opportunities for people around the world. there foundation is the leader and efforts to approve global health coming alleviate poverty and expand opportunities for women today increased access to and success in education. the efforts to expand the global are unprecedented and truly exciting. it is built on a simple premise that all lives have equal value. that powerful statement resonates with all of us. and it is rooted in the same philosophy as the act we are celebrating today which has extended educational and economic opportunity. the gates founda

. >> yeah, like bill gates. >> there you go.e violence outside often keeps him indoors but he finds release at church and in writing music. ♪ i know your pain ♪ but please hang in there ♪ >> tell me about the song. >> it was to encourage people that are going through hard times just because you're given a bad hand in life, it doesn't mean that you have to give up. >> for ivy, where he lives does not define who he is. >> you can't be afraid of anything because if you're afraid that hinders your progress in life. >> a life surrounded by violence, but a young man filled with a determination to make it out. byron pitts, cbs news, chicago. >>> after your local news on "cbs this morning," new york mayor michael bloomberg tells us abut his $5 million contest to improve city life and former secretary of state, colin powell stops by with his new book. that a little later on "cbs this morning." that's the "cbs morning news" for this morning. thanks for watching. i'm terrell brown. thanks for watching. i'm terrell brown. have a great day.

>> like bill gates. >> reporter: i.v.y says he finds relief at church and in writing music. ♪ i knowplease hang in there... ♪ >> reporter: tell me about the song. >> it was to try to encourage people that are going through hard times and just because you're give an bad hand in life it doesn't mean it's... you have to give up. >> reporter: for ivey where he lives does not define who he is. >> you can't be afraid of everything because if you're afraid, that hinders your progress in life. >> reporter: a life surrounded by violence but a young man filled with a determination to make it out. byron pitts, cbs news, chicago. >> pelley: and that's the "cbs evening news" for tonight. for all of us at cbs news all around the world, good night. >>> now, "entertainment tonight," the most watched entertainment newsmagazine in the world. >>> will robin roberts lose her hair again? facing weeks of chemo the latest on her health crisis today. >>> plus -- >> this is my thelma. >> how diane sawyer and her sister are helping to save her life. >> she's not going through this journey alone. >>> new charl

then bill gates, microsoft's chairman.k at the political reaction to the supreme court's decision on the affordable care act. they discussed the policy implications of the affordable care act and efforts to repeal it. "washington journal," live at 78 -- live at 7:00 a.m. eastern on c-span. >> this is the conversation we need to have in this country that nobody is willing to have. what roles with the government play and how things are finance. >> gretchen morgan the tells the sub prime lending collapse and government subsidize home ownership. >> if you want subsidized housing in this country, and the population agrees it is something we should subsidize, then put it on the balance sheet and make it clear and make it evident. make everybody aware of how much it costs. but when you deliver it through these third party enterprises, fannie mae and freddie mac, and you deliver the subsidy through public company with private shareholders, and executives who can extract a lot of that for themselves, that is not a very good way of

bill gates and his wife rented the entire their island for ther wedding.selling experts say it is upwards of $500 million. >> what do you think about that? >> i am not an island selling expert, but i was hoping to pick up the other 2%. i can scoop up the other 2%, but not to be. the a's had a chance to help out the giants tonight. you make the call. did josh reddick make this spectacular catch against the dodgers? sports is next. so... [ gasps ] these are sandra's "homemade" yummy, scrumptious bars. hmm? maybe. rich chocolate chips... i just wanted you to eat more fiber. chewy, oatie, gooeyness... and, and...and then the awards started coming in, and i became addicted to the fame. topped with chocolaty drizzle... and fraudulence. i'm in deep, babe. you certainly are. [ male announcer ] fiber one. fiber beyond recognition. [ typing ] ♪ ♪ [ camera shutter clicks ] ♪ gets her every time. [ male announcer ] it's hard to resist the craveable nature of the salty peanuts, dark chocolate, and smooth peanut butter in nature valley sweet & salty nut bars. irresistib

you'll here from judith, there are other major centers that aren't connected to the public but also bill gates gives more money to africa than quite a few wealthy countries do. when we were working on getting it to africans, i was working on the non-profit that bono star d ed. he had this line that if coca-cola can deliver cold cokes all over africa, don't tell me we can't deliver chill ee eed vaccin vaccines. this is already happening on the ground and some of its not very good but our thinking about aid and our talking about it has to take that into account. i promised that mine would be the explicit and bomb-throwing segment of the panel. i will turn it over to judith to talk about the outside the u.s. perspective. >> thank you very much. >> thank you so much for the opportunity to talk to you this afternoon. it's always a privilege to be at the conference zone world affairs. i will be addressing this in my personal capacity as a u.s. citizens. i thought i'd start off making some remarks in response to discussions that were mentioned. it's absolutely wonderful that we have three women on th

. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to