this is, after all, the cato institute. so this message will be, i think, affirming to you, but what i hope to suggest is you may not fully appreciate the reasons why government fails or the magnitude of the failure and how it might be, those barriers might be remedied. discussion about government failures are highly theoretical, rhetorical, deeply politically, philosophical level rather than at an analytical level based on empirical evidence. and so that's, if i have a contribution to make to the people at cato, that may be to enrich that particular kind of evidence for conclusions that you probably have no need for fortification about. .. kiddo followers are aware of and indeed have been a size in your own minds. i have a lot of data on the decline in public confidence in the federal government. i will only mention a few points of special interests. even among democrats, there has been rapid and precipitous decline in confidence. 41% have favorable views of federal government in 2013. that's 41% of democrats. that is down

hay quienes subestiman los resultados del informe, como este cientfico del instituto cato. dijo hoy que "el reporte tiene un tono pesimista y que lo positivo es que el cambio climtico causa un sentido de adaptacin en el que la gente se ajusta a la situacin y el futuro no se ve tan grave como lo quieren hacer ver" por su parte la casa blanca dice tener un plan para disminuir la contaminacin por emisin de gases, preparar al pas para los impactos y liderar iniciativas a nivel internacional. s/ randy serrano, @randytelemun do como parte de su compromiso con el tema el presidente obama ha prometido usar su poder ejecutivo para implementar políticas y regulaciones sin la aprobación del congreso si es necesario. cam 2shot blanca ---en mexico se habla del surgimiento de un nuevo crtel en el estado de michoacan. pitch - cesar ---segun documentos del gobierno federal de ese pais, la nueva organizacion criminal esta compuesta por integrantes de grupos de autodefensa de michoacn y clulas de otros grupos de narcotraficantes... ---jazive perez nos tiene la informacion... take pkg ;01 ;31

bringing back the pork to the state and whether there's an ideological opposition emanates out of the catonstitutes, poor states like kentucky and mississippi voters don't necessarily mind someone looking out for them in washington. robert, thank you so much. >> thank you. >>> coming up, jill abramson, the fired "the new york times" editor broke her silence for the first time since the whole ugly incident today. >> a couple of students who i was talking to last night after i arrived, they know that i have some tattoos and one of them asked me, are you going to get that "times" "t" that you have on your back removed? not a chance. >> do you think that's awkward wait until you hear the latest installment of what happens when the world's most important media enterprise covers itself. that's next. >>> coming up premiering all in america on the road in the conservative heartland as we travel to kansas. a story of kansas' most powerful native sons and their unlikely defeat. you don't want to miss it. let's see what you got? rv -- covered. why would you pay for a hotel? i never do. motorcycles --

i mean, staples, tjx, cato disappointing, these aren't company specific. what do you do with those companies lowering that i guidance? they're not seeing the necessary sales. we're in a secular decline of the retail, we really are. if you go and look at the companies you mentioned, most all of them have a ton of stock at a higher price. it's like they don't seem to understand what's going on. they also don't mention too much that the internet is hurting them, possibly because -- in most cases, not all cases, for example, home depot is somewhat immune to that -- the whole aparity sector, the apparel -- the nifb torrie and apparel was extremely high, and because of that, a lot of the companies like tj max and urban are missing numbers. it's not the only thing at all. the weather was taken into account by analysts. >> in picking up your point, what does it tell you about the teen and the missy retailers in particular? >> what we found is the inventories across the entire american companies was fine, october? the long-term trend was fine, but that's because ti

in our washington studio, james coreliss, and from the cato institute. what is the contract between a rise in the gas tax and the obama administration's current plan? do they yield the same amount of money, and do the people who use the facilities end up paying. >> very few have proposed raising the tax gas. the obama m has talked about the corporate tax reform, repatriate the funds. if we grease the gasoline tax and index it to inflation we get something that is a bit more sustainable. >> chris edwards, i know you're not in love with either proposal, but which one is the easer one to swallow? >> i don't think president obama's corporate tax plan will go anywhere. the federal government than been known for bridging to nowhere. that's why i think it makes a lot more sense for state governments to tackle these problems. you're looking at gas tax revenues or electronic tolling or local, private partnerships, i think the solution is at the state-government level not the federal level. >> is there any analysis of one approach over the other? you heard about s

foit's a challenge cato replace clothesildren, that are too small or worn out.in is collecting new clothes for kids, big and small. bring your gift to any sleep train, and help make a foster child's day a little brighter.

city solutions for the national league of cities and director of financial regulation studies for the cato institute. james brooks. give us a quick report card. airplane's numbers seem better when looking at just at housing. but are they worst than they used to be? it's hard to know what to conclude from all of it? >> i think that's a fair assessment. month over month numbers are hard to deal with. i think the mourn thing to take away is we've seen some improv improvement in april. you've seen a little bit of softening in the year over year numbers in existing home sales. prices have moderated from some of the highs of last year. i would argue that it's hard to exactly predict but i think what you see is perhaps a sustainable level of growth. not too high, not too slow. that's my assessment. >> should we even be comparing 2014 to 2013 since 2013 was a weird year when people were buying houses at rock bottom prices in some marketplaces, going in and buying four and five of them at a time for cash. >> and it's worse on the mortgage side. the re-fi year, it was burned out so lenders have begu

host: neal mccluskey of the cato institute joining us.ur next call is from maryland, hello, daniel, go ahead. morning, everyone. thank you for taking my call. i am so happy we are talking about this. first of all, i think this is a huge issue. personally i have not seen so much coverage or media information about this kind of thing. so i think that this kind of thing was kind of rushed through and states and schools were not able to kind of give feedback as a to dohey would deal this or if there was something actually want to do, and so now you are seeing the problem of schools and what you have already mentioned, and with the teacher, the prior caller mentioned. so yeah, i definitely think that this is kind of a fundamental question of government, you know, do we want the government to just kind of rushed and implement something and implement something it is kind of off the bat do it like this? or do we want more localized efforts for the students? and if you look at the environment for students, it is very personalized. not like every c

piece of my haurt is a chain that's based in los catos. >> schools should be placed in the safety.americans need to rise up and say enough is enough. we will continue to follow the investigation into the deadly attack. just go to our web site for the latest 24 hours a day. >> the death of an east indian woman is being investigated tonight. she's only 39 years of age. a crash in santa rosa is scrambling for one officer who hood just pulled him over. a chp officer was in the middle of a traffic stop when another driver drifted off the road and right into the chp car. >> i hear a big, loud crash. i wake up and see a police officer. i have my kids shaken up. they seem fine, so i get out. i see the police officer stuck in the car on the door. >> eric, who asked us only to use his first name, says he and the driver of the crash pulled the chp officer to safety. the chp says the officer is doing well tonight. and it's not clear that the driver who caused that crash will face charges. 101 didn't fully reopen until 3:00 this afternoon. >> the push to stop people from drinking and driving co

as they interview a sleepy cato, he describes earlier hearing three loud thumps against his bedroom wall. investigating the source of that noise, detective furman makes the shocking discovery of the bloody glove. >> a bloody trail from the point of the homicide to the vehicle to the drive to rockingham. a continuous trail of evidence. >> continuous trail of evidence that you couldn't even imagine or hope for anything better. >> up next, the most notorious car chase in history and how we all caught up >>> this is a fox news special report. >> los angeles police department right now is actively searching for mr. simpson. >> o.j., wherever you are, for the sake of your family, for the sake of your children, please surrender immediately. >> o.j. >> on june 17th, 1994, now charged with double murder and scheduled to turn himself in, simpson instead decides to make a run for it in the infamous white bronco. now report on how we started keeping up with the kardashians. >> this letter was written by o.j. today. to whom it may concern, first, everyone understand i have nothing to do with nicole's

the ball over to cordel cato. easy goal 24 minutes in. 72-minute mark on a free kick.ccidentally knocked the ball in own goal we call that. earthquakes win it, are 2-1. your final. kind of like the reds uniforms. what a day in sports. a little bit of everything. put putin, tracey mcgrady. we like to cover it all. >> thank you for joining us. this is it for tonight. avs 67 news continues tomorrow morning at xía.m. i'm ama daetz. thank you so much for joining us. news continues on all your mobile devices with our avs news ap. have a great night. after people find a dentist through us, they often say, "i wish i'd done this sooner." don't let that be you. you know your teeth are important. so don't put it off any longer. call 1-800-dentist today. ♪ >> announcer: the following is a paid presentation for the nutribullet brought to you by nutribullet llc. special tv offer. stay tuned to find out how you can get the nutribullet superfood nutrition extractor free! that's right. get the complete nutribullet system free! details just ahead. >> my muscle aches, my back aches reall

he is held in commune cad -- incommune cato. >> he came up with the debate. >> took him 14 days to callt a terrorist attack. >> he did in fact. >> could you say that louder? >> november 6th, president obama is re-elected. november 7th, he appears in court and is sentenced to a year in federal prison. >> much has been said about the military could or should have done during the we examine that when we return. dulcolax tablets can cause cramps but not phillips. it has magnesium and works more naturally than stimulant laxatives. for gentle cramp free relief of occasional constipation that works! mmm mmm live the regular life. ♪ why do results matter so much? it's probably because they are the measurement of everything we do. for a wireless company, results come down to coverage speed and legendary reliability. so go ahead, stream, game or video chat. that's why verizon built americas largest 4g lte network. because the only thing that really matters are the results you get. so for the best devices the best network and for best results, use verizon. crestor got more high-risk patient bad ch

david cato told cnn then he knew he was in danger. >> the villagers wanted to sit my house ablaze. >> in this nation is rabid. david's mother says she didn't know he was gay until he was murdered. i would condemn him, she responds. i would hate him, but i would counsel him. stigmatized by his sexual assault, she did not want us to visit her. the community keeps accusing me that i bring whites to promote homosexuality amongst the children, she tells us. the irony, gay rights activists say, is it was a small group of american evangelicals that came to uganda speaking out against homosexuality that really took the persecution of the lbgt community to a new level. this is one of the few gay activists to speak out in public. >> so they went to parliament and advised them to change the law. they went to universities and told students that we are recruiting them and we have a lot of money and should be careful. then went to parents. >> reporter: the first draft of anti-homosexuality bills introduced in 2009 included the death penalty. the new version replaces the death penalty for certain ho

the ball over to cordel cato. easy goal 24 minutes in. 72-minute mark on a free kick. accidentally knocked the ball in own goal we call that. earthquakes win it, are 2-1. your final. kind of like the reds uniforms. what a day in sports. a little bit of everything. put putin, tracey mcgrady. we like to cover it all. >> thank you for joining us. this is it for tonight. avs 67 news continues tomorrow morning at xía.m. i'm ama daetz. thank you so much for joining us. news continues on all your mobile devices with our avs news ap. have a great night. (man) they were on top of the world until the financial crisis struck and they flamed out. that's when their wives got busy taking over. "the wives of wall street"-- penelope, the fashion mogul... you look amazing in my dress. margo, the cosmetics queen... if you weren't my son, i'd fire your ass. colette, home decor diva... let's sell today, people. and then of course there's hannah. what will she do next? (all) don't let anyone stop you

>> hello, i'm from the cato institute and i want to follow up with both speakers something that arnold suggested. >> and you speak of? >> he didn't expect that government [inaudible] programs would be part of this. and they also set up and founded a think tank to do in the valuation which was the urban institute and do what do you see those outside contractors is capable think tanks, capable as providing good feedback on programs in terms of the valuation two and are there other potential ways of going about that with external evaluators that might overcome the problem that arnold certainly points to? >> well, it is a great question and i do not have a clear cut answer. it depends. if it is not the answer that you are looking for. .. national health insurance proposals is going to that research. mathematics provides some very good policy research and lots of other organizations do so. but you have to look at the individual products. there is a problem of bias. the bias can be economic, ideological, professional, i don't see a way around that except to try to have competitive assessment

as they interview a sleepy cato, he describes earlier hearing three loud thumps against his bedroom wall. investigating the source of that noise, detective furman makes the shocking discovery of the bloody glove. >> a bloody trail from the point of the homicide to the vehicle to the drive to rockingham. a continuous trail of evidence. >> continuous trail of evidence that you couldn't even imagine or hope for anything better. >> up next, the most notorious car chase in history and how we all caught up with the original kardashian. avo: waves don't care what age you are. take them on the way you always have. live healthy and take one a day men's 50+. a complete multivitamin with 7 antioxidants to support cell health. age? who cares. what if it were more than something to share? what if a photo could build that shelf you've always wanted? or fix a leaky faucet? or even give you your saturday back? the new snapfix app revolutionizes local service. just snap a photo and angie's list coordinates a top-rated provider to do the work on your schedule. the app makes it easy. the power of angie's l

as they interview a sleepy cato, he describes earlier hearing three loud thumps against his bedroom wall. investigating the source of that noise, detective furman makes the shocking discovery of the bloody glove. >> a bloody trail from the point of the homicide to the vehicle to the drive to rockingham. a continuous trail of evidence. >> continuous trail of evidence that you couldn't even imagine or hope for anything better. >> up next, the most notorious car chase in history and how we car chase in history and how we all caught up here you go. good catch! alright, now for the best part. ooh, let's get those in the bowl. these are way too good to waste, right? share what you love with who you love. kellogg's frosted flakes® they're g-r-r-reat!tm when jake and i first set out on we ate anything. but in time you realize the bett you eat, the better you feel. these days we both eat smarter. and i give jake purina cat chow naturals. made with real chicken and salmon, anit's high in protein like aow cat's natural diet. and no added artificial flavors. we've come a long way. and whatever's ahe

still, americans for tax reform, called kansas the story of the next decade, the cato institute calledk's overhaul one of the most impressive tax overhauls in years and conservative tuesday are creating buzz around the idea of a sam brownback presidential run. >> the red state is about lower taxes, less government, family values-about it being america again. >> of course, kansas wouldn't be a modern red straight model without a strict voter i.d. law, drafted by kris koleback, a former bush administration lawyer who helped craft arizona's papers please immigration law. >> everytime a noncitizen casts a vote in an election that's effectively canceling out the vote of a u.s. citizen. >> that's just the beginning. name an ultra conservative identifying you can find connotive texas republicans at the spear. shutting down abortion clinics, using to expand medicaid for some 80,000 uninsured kansans and voiding local gun laws. 2014 brings a reckoning. there are signs of rebellion teachers who want their union rights restored -- >> angry citizens, angry parents and teachers. >> to moderate repu

cato didn't pay enough attention on what's going on between them might be the case. lots of accident happened just like that is totally ok so you know she happened that's the reason that so will we owe profession which we see it. so you have to really enforce w a subordinates follow the rule was you will focus on this plane. that's why the washer is a radio ministry can be imported this and that email. i would suppose that when something like this happen with similar like this happens in the military uses a low cost and operational procedures bill was a burnt a kissing ball in the post disaster search and rescue mission for a good job for the call there you go through anything that you discover in this particular incident there will clearly missing i don't think so because they don't reveal in it and the. but look at that nowadays seen the posse on monday have a pc and mac does indeed have an atm lost my cousin involving several new powers like china japan south korea. australian united states and on the scene he actually loves to use the laws of the year. you know t

the cato institute, that brand of libertarian, they're supposed to not like it. there was the koch brother money and tea party, and they got a little confused, but i think this is actually him talking. we are seeing an experiment across the nation in which the voter registration legislation is going to show up in a lot of cases more than ever in 2014. what are you expecting? >> that we have to organize like never before to overcome it. we have a play book, it comes from 50 years ago from freedom summer. there's a formula for overcoming voter suppression. it is a massive wave of voter registration and pushing people out to vote. that's the only way to do it. the thing is that we tend to think of ourselves as two time losers in some way. we had a reconstruction, but ended badly. had a new south, that ended badly. but we just out of segregation and slavery, we have power. we can sign folks up to vote and turn the tables. >> you have a situation now, a lot of people look at the dynamics in georgia, 30, 33% african-american. >> yes. >> there's another significant demo

he's now director of financial regulation at the cato institute. we welcome you both. so, nomi prins, to you first, explain exactly what it is credit suisse is charged with and how significant is this? >> well, they're charged with helping both individuals and in smaller print by extension companies those individuals might have set up to shield taxes from the united states government from the i.r.s. over a period of many years. so the $2.6 billion fine, to a large extent, is retribution for the taxes that should have come to the united states because of these tax evasive programs that credit suisse set up but did not. >> woodruff: and how significant? >> the c.e.o. of credit suisse yesterday said this would only dent one-quarter's earnings by $1.8 billion and they're paying $2.6 billion, so that in itself is a little bit of a shell game. there is a significance in that it is a felony, a guilty crime. we've not seen any of that type of plea happen throughout any of the wake of the sub-prime crisis, so there is one, but it is more significant to note this tax evasion fel

this is, after all, the cato institute. this message will be, i think, affirming to you, but what i hope to suggest is you may not fully appreciate the reasons why government fails or

stuart: he was speaking at the cato institute. >> yes.definitely got a great response. so many great lines. a natural born chess player, also a natural born politician. he said if david cameron and barack obama would have been in power, he would still be playing chess with the soviet union. stuart: really? very critical of barack obama. >> he gets to the point better than any republican politician working right now. stuart: what does he have to say? >> he was electrifying. i am working on a book project right now. what is funny about that? so many people talk about freedom and democracy. he says how many times was democracy mentioned? not once. his issue of the american dream is very specific. fifty-three points higher for the dow industrials. now this. samsung. announcing it will release a virtual reality headset. clayton still here. a headset. like a helmet. you wear it. you see the stock going up. i have seen these things before, but they never solved the seasickness problem. >> are you shocked? suddenly, samsung has a watch. it is a s

2014] [captioning performed by national captioning institute] >>," on the next "washington looksl the catoinstitute at the common core standards initiative and the role it plays in overall education policy. after that, republican senior reporter jesse eisinger on his article looking at government efforts to investigate and tantalize those responsible for those responsible for the punisher crisis. "washington journal" is live at 7 a.m. eastern on c-span. saturday, live coverage of the 2014 white house correspondents dinner. we will hear remarks from president obama and joe mikael of the nbc show "community" as they speak to celebrities, journalists, and the white house press corps. live coverage starts at 6 p.m. eastern with red carpet arrivals, followed by the dinner. that is sunday on c-span. -- that is saturday on c-span. >> c-span posner was to book, "sundays at 8:00," a collection of top storytellers. >> at the beginning of the war, you were pressed into it. you were afraid of holding the gun, but then you pushed back and fought. i shot somebody and killed somebody and it does somethin

performed by national captioning institute] >> on the next "washington journal," neil mccluskey of the catoinstitute looks at the common core standards initiative and what role it plays in overall education policy. after that, jesse eisinger on his recent article, looking at government efforts to investigate and penalize people responsible for the 2008 financial crisis. and your phone calls tweets. "washington journal" is live at 7:00 a.m. eastern on c-span. >> the biggest challenge, especially in the house where obviously redistricting occurs, in the house, the biggest challenge at a republican is going to face in a primacy -- primary from someone more conservative. in almost every district, that is the case. that is what they are worried about. they're worried about being challenged from the right. how can their political interests reach across and make tough compromises? i think we have the system that we designed as a country. -- i am not even sure that the people who fully created these districts realize how profound the applications , but some democrats, particularly minority democrat

any economist worked at the time for the cato institute. not exactly a liberal outfit but he has told them he is going around giving talks to high school kids and kids were coming home from college looking for careers and stem was not on the felt theyse the kids researched it and after 10 or 15 years, there were going to have to be promoted out of engineering into a management job, or leave the field. that was their take on it. verywere going to take expensive courses in college for a 10 year career. what business are you in? caller: right now, i am an engineer who got laid off four over 15 years and i'm picking up my network of friends who were laid off and we are just doing one short job in engineering. i coordinate that and we design and do stuff. that is only part time. one thing you can do about the low unemployment rate, it is a low unemployment rate, but one reason is they are very intelligent. a lot of engineers both chainsses in hamburger and hair salons. that is what they're doing now. if you went and did a study, a statistical di

>> john mueller from ohio state and cato. mr. wittes the first question. although it does spy on foreign business is none of the information gathered ends up in the hands of american businesses. >> let's add one more if there is one more the gentleman the corner there and then we will give mr. carlin a chance to wrap things up. >> thanks mr. carlin. >> thank you. curious a little bit about the legal line drawing that you've been making in decision throughout between espionage, economic espionage and state driven espionage. as a general matter how important is it that you're able to make a showing of economic benefit to companies, over seas or wherever the case may be. in particular, how would this look different? would it look different under the statutes at play here if there was clearly some sort of commercial information taken with no apparent connection to national security but no real showing that this was going to benefit any particular companies unfairly. how would that change things, just curious as a general matter? >> the floor is yours, there's

cato raised full year guidance but second quarter guidance is below expectations. this point. take a look at home depot. look at these numbers down, double digit declines for some of those. home depot is up, missed but reiterated their full year guidance. that's why that one is trading up. nothing great in home depot. what's going on in retail? a few obvious conclusions you can make right now. there have been an awful lot of miss, we're negative for the first quarter, many, many are guiding lower for the second quarter. it is not just the weather and it is not company specific. you can't just say dick's falling apart. they're all crummy. the issue is just less money for the consumer and apparel is not hot. obviously they're spending on electronic, games and some entertainment out there, but they're not spending money on apparel. those are obvious conclusions here. take a look at the xrt. an etf for that. everybody trades in the retail space. it's down today. it's down maybe 8%, 7% for the full year. elsewhere, weakness we're seeing here, mostly banks. regional bank

. >> what does that say about the state about cato worldwide with my >> the organization that septemberheu.s. on 2011 is pretty well on it's heels. it has succeeded in killing a lot of its leadership, destroying its ability to but theate, and control franchise of our qaeda moving yemen, toouth to africa, to north africa, are as dangerous as they have ever been and the state department official said that they are worried about a large number of foreign fighters who are taking part in the civil war in syria coming from all across the place, including the u.s. and europe, and learning terrorist attack skills and radicalizing and could pose an threat to europe and the u.s. as they slip back in the conflicts in their own countries. fewer americans were killed and 2013. how does that square with the increase in terrorist attacks overall worldwide? american counterterrorism agencies including the fbi and the other parts of the intelligence community have gotten a lot better at disrupting and intercepting attacks inside the u.s. and they are always cautious about claiming victory but they do say

i didn't know cato kalin was a tennis player. what's he doing there? >> the reporter goes you lost?. did you watch the match? he goes no, i didn't watch the match. sorry. it's been awhile since i was covering press conferences, but i pretty much know you should watch the game or match before you ask questions. it's the eastern conference finals with the miami heat. looks like they're playing like champions. chris bosh and lebron james were unbelievable. the pacers roll away with game 4. lebron james was phenomenal, 32 points, 10 rebounds. the heat are one game away from eliminating indiana in five games. the last time it took seven and they did have the home court advantage. let's talk hockey. the western conference finals. this is it. los angeles kings taking ono&és chicago blackhawks. they would roll through the blackhawks and hold on to the 5-2 victory. they lead the best of seven, three games to one. that is a quick look at what's happening in playoff spring sports. let's go out to maria. >> good morning, brian. hello everybody. we want to take a look at what happened yesterday

any economist worked at the time for the cato institute.ot exactly a liberal outfit but he has told them he is going around giving talks to high school kids and kids were coming home from college looking for careers and stem was not on the felt theyse the kids researched it and after 10 or 15 years, there were going to have to be promoted out of engineering into a management job, or leave the field. that was their take on it. verywere going to take expensive courses in college for a 10 year career. what business are you in? caller: right now, i am an engineer who got laid off four over 15 years and i'm picking up my network of friends who were laid off and we are just doing one short job in engineering. i coordinate that and we design and do stuff. that is only part time. one thing you can do about the low unemployment rate, it is a low unemployment rate, but one reason is they are very intelligent. a lot of engineers both chainsses in hamburger and hair salons. that is what they're doing now. if you went and did a study, a statistical dist

last week, cato, gap, l brands also raised their guidance. i think that's fairly encouraging.en pretty awful if you look at the numbers. so the 51 companies that have reported so far, retail metrics, earnings are down 3.7% year over year for the 51 companies. about 120 retailers. half of the season is over and earnings are down 4% year over year. tough start to the year. the dow down 7 points. >> thank you very much, bob. from one floor to the other, let's get the bond pit action, rick santelli in the cme in chicago. good morning, rick. >> good morning carl. i know the housing numbers were much better than expected. we all agree. we also need to be very objective. the existing home market is bigger than the new home market. look at multifamily, i believe they went from 303,000 on an annualized basis to 423. that's, what, close to 40% increase whereas single family moved from 644 to 649. that's 644,000 to 649,000 on an annualized basis. that's a little less than 1%. not that it isn't good news. but in the context of the entire housing market, we need to acknowledge that multifa

here's the problem with your average number of christmas i've seen with these kids and this is not a cato institute number i know but i'm not but i've seen these kind of numbers is it when you're talking averages you're taking you're taking into account bill gates and the koch brothers and in the walton family worth one hundred forty billion dollars you add all of that together it's like you know bill gates walks into a bar of unemployed people and suddenly everybody in the room is a billionaire i mean on average right if you were to take the bottom ninety percent . of americans disposable income and compare that with the bottom ninety percent in denmark where there might be one or two billionaires you would find a very very different thing and i thought it was no let me know it's still very much so much i also point out things like me and someone else me old where loaf of bread when i grew up learning that when i grew up in singapore an average american dollar was worth three singapore dollars and we look like kings right but the thing is you're not comparing apples to apples be the bott

the nypd saying cato was wanted on four other drug store robberies. >>> she was thrown several feet intoes, though, but she was hit by a car. it was all caught on this crazy video. cassidy wall and her 5-year-old sister were outside of their erie home playing when suddenly a car fleeing police, turns the corner and spin out of control. cassidy didn't get out of the way in time and she was hit. >> when i saw the video, every time i thought about it, i started crying because it hurted my feelings and i didn't like what i saw. >> cassidy was treated for a concussion. she's supposed to be okay, though. and the two men inside the car were arrested. terrible video there. >>> and if you live in san francisco, better watch out for a giant green lizard. >> the bay area prankster hacks a digital road sign warning motorists of an imminent attack. it reads "godzilla attack. turn back" the latest "godzilla movie" which hits theaters this weekend, shows the reptile making a mess of san francisco. some say the sign is a promotional stunt for the movie. it's working. we're tog about it. >> did anybody b

money to the tune of billions of dollars a year that makes the business models possible go to the catoinstitute that's right the former charles koch foundation federal subsidies to big corporations like koch give us trees cost americans around one hundred billion dollars every single year and that's just at the federal court in the new york times each year state and local governments in the united states spend more than eighty billion dollars or roughly seven percent of the total budgets on tax breaks and subsidies to attract investments from companies but direct subsidies like these are really only one of the most obvious ways for big corporations to leech off the public one of the most insidious kinds of corporate welfare is actually inside the tax code itself thanks to tens of thousands of loopholes the effective corporate tax rate in the united states is only around thirteen percent the lowest effective corporate tax rate in the entire world this saves giant corporations another two hundred billion dollars every year and while every big business abuses this tax code some are more g

basically that's what he's done and what he's going to brazil's coke foundation which is now called the cato and so in the late one nine hundred seventy s. charles koch is actually asked. you know first if he wants to run on the libertarian party ticket. charles is a pretty private guy he also has a company to run he's not interested but he mentions it to his brothers bill and david david ends up going for it and the whole point of running david koch on the ticket or a coke in general is that these are wealthy men and they would be able to sell fund the campaign thereby circumventing campaign finance rules because. have a loop loop hole the buckley vs the. yanks the lewis paul. so essentially david has not been too involved in the libertarian movement up until that point and that ends up creating some frictions in the movement because you know charles koch has been largely bankrolling libertarianism at that time and here david koch is you know running for vice president they don't want the libertarians don't want the perception that the koch's of essentially taken over the movement but then