they were two of ibm's first african-american executives.e in the community, they raised corey with a devout baptist faith. >> you can realize your dreams. and if not, there's always honorable work and honorable men and women who are doing that work. >> he knows all the regulars at the diner, and he says he knows progress downtown when he sees it. >> there are people in my city right now who are entrepreneurs who are doing it because they are employing people and creating value. >> he is obsessed enough to call out anybody he sees littering and shovel an occasional walk for a senior citizen. and if his dream of a reborn city doesn't ever come true, it probably won't be because cory booker didn't work hardness. he has nothing else in his life right now. he lives where he works, and he works every day. he's aware that his life story as a young democrat with a new governing style and a decent jump shot has a parallel in national politics. he seems to have little patience for process or for the theory that his generation of african-american lead

that statement that they're continuing to be only track for, they're replacing the white tape and ibm selectric. they type it out. look for the tape. it's hard to find. soon they have the statement. the problem with this and i don't know if you heard this, but the housing market isn't strong at the moment. remember those crazy mortgage-backed securities that all the banks got in trouble with? yeah, the fed has been the only one who would buy them. well, the fed just announced they i'll no longer buy the mortgage back securities next month. so, they either can't take any more of them, or they think everything is so stable they're just not needed in the banks can get back in that business. that's good. let's see. 2.9 million households are 90 days late or more on their payments. moody's forecasts 1.9 million homeowners will lose their homes this year. we're also told that the crisis is behind us. only problem, that's 200,000 more homes that are lost, you know, people are like gee, i wondered what happened. here is the key. then last year, in other words, it's projected to get worse. if

. >> did you ever compare a mac within ibm? [laughter] ñrjust kidding.Ñiand modeling simulation and computing capabilities especially within our national laboratories, can you be specific to how valuable those are as we move forward about how this can be incorporated into looking at technologies and creating a safer flying environment for passengers? and >> let me focus on what specific examples. ñrone basic concern you have whn you're thinking about deploying a next generation of any kind of system is what is the minimum amount of explosive you need to detect. we're not very much interested in very, very small mouth. the question is, what do these systems have to be able to do? we only way to really know that is to ask yourself what is the vulnerability of the aircraft to various explosive formulations placed at various parts of the aircraft? one way to do this is you could go out and buy a bunch of old airframes and blow them up. we actually do a little bit of that. that is not a very efficient are cost-effective approach the other approach is to use s

told the democrats just because ibm. don't fall lockstep into a mine said just because others. she has instilled a sense of independence the wonder why i get so much trouble in this job, of blame maybelle. [laughter] because the independent spirit allowed me to go for a man named ronald reagan and it was his voice i heard that sounded like the way my mother raised me. when he talked about an america that would be better, when he talked about opportunities in the power that comes from individuals, not from government, i have decided to become a republican. [laughter] the jt's of going out but the actual doing of it however. [laughter] was a whole nother conversation. why did you want to go do that? [laughter] even to this day there are moments where she is trying to recover from that and get me back. but she understands and she still understands why i did what i did, because of how she raised me and what she passed on, that legacy per car movie appreciate that legacy more than anything else. there is a great moment in 2006 when i was running for the united states senate election

at the typewriter away, it was these electric ibm and i thought i will have you out in a little bit so i got the poor things out and felt kind of treacherous about it and then here i am with a map with, with a laptop. >> i am a hunt and peck guy. no rippling with all ten fingers for me. hammering away at the keys. people used to laugh at me imagery of where the characters of the key is because i hit them hard. >> presidential biographer richard reeves presents a history of the berlin airlift which occurred from may 1948 to june 1949. he focuses on the exploits of the american airmen called back into service by president truman three years after their duty in world war ii. the national constitution center in philadelphia posts this hour-long event. >> thanks for your patience. good evening and welcome, i'm steven frank the director of national programs of the national constitution center. we are pleased to welcome the cleaned historian richard reeves whose latest book, "daring young men," recounts the story of the berlin airlift and the braves pilots who risk their lives to supply human

even make change for a $5 bill, how are they going to run and oversee a complex institution like a ibmddy and fannie mae max have $5 million of mortgages they guarantee. that is not even part of the federal debt. >> neil: i discovered i have life insurance policies with aig. >> they're safe. >> they told me if you kick, it is 2 25 bucks for your heir. do you think the company will survive? >> i think if congress leaves them along-time they will survive. >> your tax dollars are going to them, of course, it is going to survive, you own it. >> neil: my prospective heirs are saying keep pushing it, dad. dad. >> tea party turns one year ol. today and our guys are celebrating with the stockswayd they say will really rally for you all. my other can is ringing. progresso. hey can you tell my wife to relax and enjoy the view? (announcer progresso. you gotta taste this soup. and we've been open 24 hours a day -- 7 days a week. and we've made a tremendous amount of progress. you know, safety and reliability is top priority. i mean i got a family, too. i got a mother, a grandmother, kids, a i am 1

ibm microsoft wouldn't give any strong guidance at this point. of people here are actually i think preparing this for upside surprise. >> brian, can you make a differentiation at all between, say, consumer tech and business tech, like a cisco, but the consumer side, say apple and some of these other companies that are selling products directly to consumers? do you draw a line between those two segments of technology and think that one can do better than the other near term? >> sure, yeah. definitely we learned in the downturn was don't underestimate the resiliency of the consumer. clearly if you have good products, consumer electronic products like apple, you'll be a secular grower. conversely, on the enterprise side right now, there's definitely a need for more equipment. companies underinvested over the last several years. we think inherently there's probably more juice on the enterprise side over the coming quarters. if you're a consumer electronics products company with key products and a secular grower like apple, we think you're going to do

>> o'brien: chuck colgan is a former air force pilot who built his charter company by first flying ibmecutives between washington and the company's main plant in poughkeepsie. then, colgan got a big break when, in the late '70s, the government deregulated the airline industry. deregulation brought increased competition and lower airfares. it also brought a new operating model called the hub and spoke. the major airlines created central hubs in big cities and turned to small regionals, or commuters, to feed their networks. >> so, they created these mechanisms where, "okay, we'll buy," you know, "50-seat airplanes for you. you'll set up or expand an existing company, and we'll make it look like that it's actually our airline. you buy the ticket from us, but," you know, "you're really flying on this other carrier." >> o'brien: the new model of contract flying was called a code-share. the regional airline carried the same ticketing code and colors as the major. and under most contracts, the regionals were paid a set profit on each flight they completed, regardless of how many passengers th

a lot of work is done by ibm and accenture and others in this room has to do with it grating systems to form the smart grid and when you integrate and do things standard based things connect together better and therefore the security risk is lower and everybody knows how it is supposed to plug together. so interoperability, sometimes people say everybody knows the standard things can communicate with, and of course the hackers will know that and makes the grid less vulnerable. or experience is, by having things work on standards, and you don't need systems that are one of a kind and one of a kind tend to be where people make approaches let's say in the -- an illicit fashion and some things irfan mentioned about standards organizations are quite important. another concept that we see coming is called trusted virtual domains. we see this happening even in the physical security of substation. for example if somebody has a car key, a technician driving around in a line bucket truck can get to any substation at any time, anywhere in the whole service territory, leaving the car behind at d

>> guest: ibm conflicted about my feeling concerning drug advertisement. i think they are largely unproductive spending in that the reason they spend money on drug advertisements is because of the survey show zero% of the time when a patient comes in with an advertisement to the doctor's office they get exactly that drug prescribed for them because you have the 15th minute to visit and trying to argue somebody out of it just takes too long. what we really need though, i have no idea about the legal issues concerning whether you can then this sort of thing are not. what it reflects is we have value the payments for things, drugs, it's, operations the negedu without dawe ewing the time that a doctor spends with people where you can talk through what the best, what is the problem here and how do we best take care of it? doctors time is actually cheaper than many of the technologies we have and we have undervalued that critical humane component and it is not just doctors. it is nurse practitioners, physician assistants, the team of people that can help people

we have a ibm creating the jobs in east lansing. we are creating battery jobs. in its own township, systems and motion is creating jobs. the gm plant is saving 1400 jobs. in detroit, we are creating 943 jobs. at&t created 343 jobs. in clint, it is swedish biogas. in grand rapids, it is a hangar 42 tone studios. and holland, it is energetics. and allen park it is unity studios. in sterling heights, it is general dynamics. in detroit, we have the 113 economic development projects including the argonaut, the book cadillac, the oil refinery. [applause] >> and these, these are just some of the ones that we have helped with the economic tools that you have approved. there are hundreds of companies that we have brought here to help lay the foundation of that new state. we have asked representatives of some of these companies to join us this evening. these are some of the people that are transforming our state, creating jobs for our people. i want you to join me in thanking them for choosing michigan. [applause] . . >> before i conclude, want to say something else in my

that if you want to get in the cloud computing business which microsoft is in and amazon is in and ibm google are in, you have to be prepared as a service provider to spend a lot of money. we're building very large data centers, and we're building them around the world. there may be instances where it will be cheaper for a business to continue to have its own computers on site in its own premise. if you're a bank, for example, and you feel that your customers basically use about the same amount of computing resources every day throughout the year, it might be more economical for them to build that themselves and run that themselves. but you take another customer who has real seasonality, their business goes up or down during the year, take a retailer, you think about what they have to do in november and december, it's way more than what they do in january through october. for them the ability to bring on extra capacity is definitely helpful. and then more generally, we get economies of scale because we're buying so much equipment. we can, perhaps, buy it cheaper, and we may be in a pos

>> reporter: companies like at&t, ibm and citicorp to name a few.nd other members of congress who attended did not know there was corporate sponsorship, that's how to understand how they didn't because we have some pictures of the event supplied to us by a group called the national legal and policy center, and they show banners with the company logos in plain view. it also reported, it's also reported that corporation executives from these companies spoke during the meetings, yet the ethics committee did approve the trips beforehand. they claim they got false information. jon: steve seven centanni in washington, thank you. gibe jane wide spread power problems in the northeast as the system is slammed with snow, heavy rains, winds. jon: i can see the snow coming down right now. jane: enormous flakes. i guess you can see some of them coming towards our camera. these are about as big as it's been. it's been going on for more than -- about 24 hours. jon: i was thinking about staying home, taking my four-wheel drive pickup and chain saw out, and i could

so if i wanted to make a bet on gm, on ibm, on you name it, in the corporate bond land, those notionals the amount of money we play with in cds land, is similar to how much we have over here. in sovereigns, it's a teenie, tiny fraction of the, you know, tens to hundreds of billions of dollars that we see in government bonds. and actually what we've seen in this selloff just so everybody can calm down a little about cds, it's been the bonds that have led and the cds have gapped because there is so little volume there and they've been dragged wider by real money leaving bonds, not necessarily shorting bonds, but actually leaving the bonds. >> right. so this idea of manipulation, i mean, really in this case the cds is simply a barometer of what we're seeing in terms of cash spread for bonds versus the german bond i guess for all these other countries. >> and, you know, exactly. and a good example is greece right now. where the greek bonds, the ggbs actually still trade about 45 to 50 basis points wider than the cds. so if you look at the spread on gdbs versus bonds, and the greek cds versu

when he says ibm at two with nature, the idea behind the carbon trading is prospectus in ireland but then go and destroy it and there are sites that parity this like cheat neutral. the website where people are having difficulty maintaining fidelity and their relationships can by offsets for cheating from people who are good at being monotonous. [laughter] but the trouble is in theory it could work. in theory if there were markets, if there were ways of transferring things, if the infrastructure were in place, if we lived in some sort of perfect textbook world perhaps carbon trading could work. in the real world that never can and in fact if you look the examples of the carbon trading that have already been established in europe they've been pretty bad. in the book i draw on the work of larry lomond, a tremendous climate change activist and managed to quote someone from citigroup, one of the analyst said citigroup who had been analyzing the european scheme and his summary why this looking at the winners and losers from carbon treating the winners were polluting industries particularly

also ibm a morning man and my brain seems to work better in the morning. some writers late often very late at night and i may bring him at lunchtime and he is not up yet because he was working throughout the night because his brain works best in the evening but mind works best in the morning of that is when i get the bulk of my work done between four and 6:00 a.m. and 2:00 that i have some lunch. i go wide right thing until i am tighter -- tired. >>cspan: are you a fast writer? how many words per day? >> guest: yes. if all notes are in order, i can do 3,000 words per day sometimes on a good day i cannot it at 4,005,000. 2000 is a bad day 217 1/7-- per week? >> guest: is sometimes. are not absolutely put myself in a straitjacket. i do have targets and deadlines but if i am tired, i stop for you can always tell that because i have to think for words more than usual. if i am tired i stopped and if i wake up in the morning and something tells me not to write to but to take good day off, i do so. >> host: we're back live with paul johnson, a historian joining u

we had a steady at 29 major corporations including ibm.ave found that the flexibility they have been able to reduce their paid time off. they've been able to increase retention. they have been able to reduce the cost of attrition, because they do not have to train or retrain as many people. they have increased retention. that is a really important point. in many of these services, keeping employees is a way of keeping customers. the first tennessee bank really showed that the death flexibility is not economically costly to the company. it is in their best interests. host: another part of this book is called flexibility, a voluntary employer practices in the united states. is this a road map for organizations that want to try to offer their employees flexibility? what success are they seeing? guest: they have in awards program in 30 regions around the world. over one dozen companies have been recognized from their good practices. they have been good for business. in many the companies, and they are blueprints. what is going to eventually ha

there are folks at los alamos and dissimulation steady in tokyo that ibm is involved with were therering asian based modeling but typically used to sit back and look at the aggregate summary said a model from that perspective. we have a lot of information that's already about the financial markets is widely disseminated and we'd be talking about adding additional information on top of that. i think when you start to begin to have problems or people began to influence is if you have people doing the same type of behavior is still lots of people are making mortgage backed securities and selling to pension funds and others similar behavior happening at the meshaal comes through and everyone has to respond in a similar fashion. in some sense the model collapses down to a simpler system because everyone is forced into a corner into where they will have to be saved. and for the most part i think getting more information and trying to model isn't going to have that kind of impact because i don't know anybody will have the ability to nudge the system one way or another but hopefully but we w

my sister-in-law, sharon love ransom, was a senior executive with ibm. this is another indication. this morning or this afternoon that you will retrieve the smith's car. would it be asking you too much to look into this matter and if possible, retrieve the car involved in this accident? >> if it's the accident that i'm thinking of, and we can have our staff check, both toyota engineers and nhtsa did, in fact, inspect that vehicle. >> do you know what they determined? >> i don't know what was determined. my understanding -- >> would you check into this? >> yes. we'll check into it. >> has there been any issue with avalon brand? >> there have been cases of both sticking pedals as well as floor mat entrapments, yes. >> mr. lentz, do you have any reason to believe that out of the thousands upon thousands of complaints that toyota or lexus owners are inventing these terrifying stories about their driving experiences? >> no. but from an engineering standpoint, it's critical that we get information so that we can go and investigate. today, in many cases, information that is submitted on t

don't be a democrat just because ibm. don't fall lockstep into a mind set were a way of thinking just because others are so she instilled in me a sense of independence so you wonder why i get in trouble in this job is blame mabel. [laughter] because the independent spirit allowed me to go and discover a man named ronald reagan and it was his voice i heard in the campaign that sounded so much like the way my mother raised me. when he talked about in america there would be better. when he talked about opportunity and the power that comes from individuals, not from government so why go to my mother and say i decided to become a republican. [laughter] welcome the idea of going out and doing that was great. the actual doing of it however was a whole nother conversation which began something like lord, beebee, why do you want to do that? [laughter] so even to this day there is still moments i think she's trying to recover from that and get me back. [laughter] but she understands and she still understands why i did what i did be

. >> did you ever compare a mac with an ibm? just kidding. just kidding. mr. lujan? >> mr. chairman, thank you very much. and just to pick up a little bit where we left off. dr. albright, modeling simulation, computing capabilities, computers especially with our national laboratories, can you just speak specifically to how valuable those are as we move forward with talking about how this can be incorporated into looking at deploying these technologies and creating a safer flight environment for passenger isn't it so >> sure. let me focus on one specific example. one basic concern you have when you are thinking about deploying a next generation of any kind of system is what is the minimum amount of explosive you really need to detect? and clearly we're not very much interested in, you know, very, very small amounts. and the question is, what do these systems really have to be able to do? and the only way to really know that is to ask yourself what is the vulnerability of the aircraft to various explosive formulations placed on various parts of the aircraft? there's two ways

because the students see how he does it so clearly but at the beginning he says with one part of my mind ibmated british imperialism and another part i felt the greatest pleasure would be to stop my bayonet into a buddhist priest that's and that's a kind of confession about himself and about the burmese this may be painful personally but from a literary point of view very powerful because it invites the reader in and says i have all sorts of conflicting feelings and i'm going to own up to them and even make them subject of this essay. >> host: another thing you mentioned is residents by which he never says anything through he never tells us why he resigned from the burmese police. >> guest: that's right. >> host: but my guess is he was afraid if he carried on he would become a state list. >> guest: he had a streak of that in him. he wrote wants to understand fascism you have to have a streak of fascism. he was talking about jack london whose book the iron heel was a kind of prophecy of fascism but he might as well have been talking about himself, too and that, too is the answer to the questi

don't be a democrat just because ibm.don't fall lockstep into a mind set were a way of thinking just because others are so she instilled in me a sense of independence so you wonder why i get in trouble in this job is blame mabel. [laughter] because the independent spirit allowed me to go and discover a man named ronald reagan and it was his voice i heard in the campaign that sounded so much like the way my mother raised me. when he talked about in america there would be better. when he talked about opportunity and the power that comes from individuals, not from government so why go to my mother and say i decided to become a republican. [laughter] welcome the idea of going out and doing that was great. the actual doing of it however was a whole nother conversation which began something like lord, beebee, why do you want to do that? [laughter] so even to this day there is still moments i think she's trying to recover from that and get me back. [laughter] but she understands and she still understands why i did what i did bec

the founder of ibm thought the world would only ever need five computers.nteresting. mack cow s the inventor of the cell phone was thought of as a nut case in his time. he laughed all the way to the bank. we all have our cell-phones in our pockets, right? i think we're at the pivotal point in time where historically what's happened is no longer true. who could have perceived scott brown would have won that raise. where where the candidates come from? scott brown has inspired from what i'm reading and seeing. a lot of people to get into the political process are saying, you mo' what this message was simple. very nonpartisan. right the kind of things that i have articulated should be our nonpartisan message. he didn't get into all these issues but kept it very simple. had a lot of help from the tea partyers. there's only 13% republicans in massachusetts. 15 percent independents but 6 thousand tea partyers went door-to-door and there's lots of people from around the country calling into massachusetts making these conversational calls to get out the vote and it

my sister-in-law, sharon love ransom, was a senior executive with ibm. this is another indication.mmittee this morning or this afternoon that you will retrieve the smith's car. would it be asking you too much to look into this matter and if possible, retrieve the car involved in this accident? >> if it's the accident that i'm thinking of, and we can have our staff check, both toyota engineers and nhtsa did, in fact, inspect that vehicle. >> do you know what they determined? >> i don't know what was determined. my understanding -- >> would you check into this? >> yes. we'll check into it. >> has there been any issue with avalon brand? >> there have been cases of both sticking pedals as well as floor mat entrapments, yes. >> mr. lentz, do you have any reason to believe that out of the thousands upon thousands of complaints that toyota or lexus owners are inventing these terrifying stories about their driving experiences? >> no. but from an engineering standpoint, it's critical that we get information so that we can go and investigate. today, in many cases, information that is submitt

ibm 20 pounds lighter than i was last summer after finding a my diabetes risk.ghter. recognizing that is an important part. it is about things they can do something for. gene therapy is making strides after 20 years of a roller- coaster experience. i think we are quite a ways away on a seeing how gene therapy is on a broad scale. you can point to individuals were personalized medicine has had dramatic consequences, but most of us are not there yet. the question is what the directory will be to get there. a lot of that depends on the robustness of the research and if we had a medical -- medical care system. >> how you feel about the patenting of genes? nih has a longstanding and very thoughtful policy about the patenting of genes. if they make the discovery university can apply for patents in the become the patent holder. nih is out that opportunity. i think many years ago we began to worry about whether our system was the doing what it was supposed to which was to benefit the public. that is why benjamin franklin came up with the plan, not to make inventor's ric

such as china wanted to secure access to ibm's cleaner-burning gas, china wanting to compete with russiar influence and iran, china wanting to defend its principle of nonintervention in the affairs of other countries, and, of course, china wanting to support this mullahs because they do not want to see the theocracy to collapse because of it collapses that gives hope to the chinese people that they may be able to get rid of their own dictators. yes, these are reasons why china is supporting iran. but we need to go deeper into understand what china is really doing. and what china is really doing is trying to undermine america's influence and role in the world. they are first us look ineffectl largely because they feel threatened by who we are, by the values that we stand for. and insecurity and intolerant and secretive china feels that it must change the liberal open and democratic international system that we need. so what is china doing? china is supporting every nuclear road nearby fundamentally altering the structure of the international system. yet china's support per the abdulmutall