that is not a regulatory framework that is the upriver broadbent in the 21st century. were you surprised with the unanimous decision from all three judges? >> i was not surprised by the decision. i think there were clear in their questions. it is a truism that you cannot conclude much from an oral argument. in this case, i think the oral argument did foreshadow the decision. >> when you put out a statement on the contest decision, you call this a dangerous situation. why use those words? >> it is a dangerous situation in that currently, under the existing legal theories that the commission has cobbled together, there is no recourse if an internet access provider blocks content or refuses to let you go to all what -- to go to a website that you want to go to our interviewers with your communication over the internet. that is the situation most policymakers think is not tenable, and not what congress intended in the 1996 telecommunications act. >> later on he said the decision by the commission to proceed against broadband providers under title to. how did you get to tha

to the telecommunications industry one of the things that jumped out at main is a 20th- century broadbent that have a lot of rules that were written in the 1930's and 1920's. is it -- how much of a problem is that? what is your sense relative to other countries in how they look at the regulatory structures in which there leading edge industries must compete. >> first, it is true that policies relating to the issue were built for eroded industry. it looks at how your regulate and monotony. -- and monopoly. -- a monopoly. you do not have the same kind of structure. there are many players competing and we have a very robust and dynamic marketplace. you have all of these groups competing with each other at the same time. for example, we will be partnering with motorola and bugle and -- bugle -- google and and thatververizon. you have these companies that are constantly competing. it is a very robust and dynamic marketplace. the clinton administration essentially said that they were taking bare hands of the internet and that they were not want to regulate that space. that is the policy that th

i think it is in its early stages of development through broadbent -- broadbent and so on -- broadband and so on, but we worry about newspapers. can i talk about this now for a minute? >> go ahead. >> and young people and so on, but the advertising base being eroded, and i think -- i got a glimpse of the future this last weekend with the apple ipad. it is a wonderful thing. it is not a new invention, but it brought together all forms of media -- music, books, newspapers, whatever, plus a lot of other things. that is the wall street side, which we're very proud of, and everybody is as the best newspaper site at the moment. >> it is a good illustration of what we are moving toward. >> we could go back to seven days if you want to see something in the paper last saturday or friday, you can find it. the whole paper is restored in memory disks in this beautiful- looking machine. you can play games with it. here we are. we updated every half hour through the day, so if something big happens, it is there, and we have every word of "the wall street journal" is there. it is easy to navigate, ea

play a role as a purchase the -- as they purchase services and drive adopting broadband, and using broadbent to deliver services to constituents. i think all these things are very good. there are some aspects of our cause for a little bit a pause, but that happens when you have a free dinner 60 page document -- a 360 page document. >> such as? >> there are some questions as to regulation. we're generally of the view that the policies that the federal government adopted during the clinton administration has essentially followed since then, that the government is really the light regulatory presence on the internet, espousing a policy through the world -- not policy throughout the world. it raises a question about whether or not there should be a change from that policy. there are other specific issues. copper retirement is close to us. when you replace the copper with fiber, you want to pull the copper out at some point, because you not want -- you do not want to run to the networks. if you were required to maintain the copper, your ability to deploy fiber is diminished, because you cannot af

eastern, the senate commerce committee looks into the national broadbent plan released last month by the federal communications commission. they will talk about the role of the fcc and the internet. >> this weekend, the first of three british election debates. for the first time, the three candidates will face off in u.s.-style the base. watch them in their entirety for three consecutive weekends with the first debate sunday at 9:00 p.m. eastern on c-span. >> when the nuclear security summit was over yesterday, president obama spoke with reporters for a little more than half an hour. leaders from more than 40 countries met in washington to discuss securing nuclear materials. >> this evening, i can report that we have seized this opportunity and because of the steps we have taken as individual missions and an international community, the american people will be safer and the world will be more secure. i want to thank all who participated in this historic summit, 49 leaders from every region of the world. the progress today was important because these letters came not simply to talk bu

if you look at broadbent, we all have communities that have applied for broadband finding that is notey have been selected, they will get the dollars. the number is much lower than what the top line look like. >> i say with all respect that the stimulus did not worked the way that the administration and many of those who supported it hoped it would, in terms of keeping unemployment under 8%. i understand, because economic forecasting is a very dicey business. but now, with the benefit of experience, in hindsight, we ought to be able to learn from that lesson that the stimulus did not worked in keeping unemployment low. so the fact that there may be projects still in the pipeline should not dissuade us not to take this money, whatever it is, and use it to pay down the deficit. we ought to learn from our experience not to be condemned to repeat it. >> 5.23 pieces of evidence. there has been over a 70% increase since a year ago. that is working. no. 2 -- the jobs market. we were losing in january of last year, 800,000 jobs a month. in march of this year, we had a gain of 162,000 jobs. on

if you look at broadbent, we all have communities that have applied for broadband finding that is notectation that if they have been selected, they will get the dollars. the number is much lower than what the top line look like. >> i say with all respect that the stimulus did not worked the way that the administration and many of those who supported it hoped it would, in terms of keeping unemployment under 8%. i understand, because economic forecasting is a very dicey business. but now, with the benefit of experience, in hindsight, we ought to be able to learn from that lesson that the stimulus did not worked in keeping unemployment low. so the fact that there may be projects still in the pipeline should not dissuade us not to take this money, whatever it is, and use it to pay down the deficit. we ought to learn from our experience not to be condemned to repeat it. . . >> the last quarter of last year, it was 5.6%. we want to learn from history. we want to learn from what has actually happened. the evidence is quite overwhelming that in the series of federal initiatives have worked an

we will talk about the national broadbent plan and what the comcast decision needs for -- means for net neutrality. >> cspan, our public affairs content is available on television, radio, and online. you can connect with the sun twitter, facebook, and youtube and sign up for our scheduled alert e-mails @ c-span.org. >> no a discussion on digital money talking about the future of electronic payments as the popularity of to cash and checks continue to decline. this is from the american enterprise institute in washington. this is just under two hours. >> good morning. we will start in just a second if of the body can grab their seats. -- if everybody can read their seats. >> good morning and beg you for coming to the american institute. our conference this morning is about digital money. before i introduce our keynote speaker, i would like to take a minute to set the stage for the topic. this topic is about a portion of our economy that affects all of us every day. outside the economists who have studied this issue, the regulators and lawyers who practice in this area and the executives wh