>> isaacson: right.teve jobs wasn't all that eager to be an employee at hewlett-packard. >> kroft: he was never much of an engineer. isaacson says he didn't know how to write code or program a computer. that was wozniak's department. but jobs understood their importance and their future. he was obsessed with making an attractive, simple, inexpensive computer-- the apple ii, marketed as the first home computer. it really didn't do much, but tech-savvy people snapped them up, along with school systems. and as he tells isaacson on tape, he was soon worth millions of dollars. >> jobs: it wasn't very many years before, on paper, we were worth a lot of money. and i was, like, 25 when, you know, we were worth maybe $50 million. i knew i never had to worry about money again. and so, i went from not worrying about money because i was pretty poor to not worrying about money because i had a lot of money. >> kroft: jobs becomes rich. >> isaacson: jobs became wildly rich. makes about 100 people millionaires when appl

my guest, walter isaacson. president and ceo.t selling author of "steve jobs." >> good to be back with you. >> so good to be at the festival as well. this is the eighth year of the aspen ideas festival. tell me w it's evolved. what are you looking to achieve in terms of ideas this year. >> when we started, aspen had many policy programs. we were a think tank but we didn't open up that much. it felt important that we should allow other people to be giving input, taking away some of the ideas we were wrestling with at the aspen institute, and then there was a certain hunger for that. people, especially in this digital age where you share ideas on facebook, on twitter, to actually get together in a nice space, sit down, have long conversations. so this thing has grown. i think what we try to accomplish is finding really good, new ideas and then balancing them with the values so that we don't tear ourselves apart in a partisan fashion. >> that's terrific. let me move onto the "steve jobs" book. it was less than a year ago that the co

we'll talk about what the next big game-changing idea may be with walter isaacson. "the wall street journal" report begins right now. >>> here's what's making news heading into a new week on wall street. europe once again ruling the day, but this time a summit with low expectations appear to have overdelivered. leaders in brussels came to several important agreements this week, most importantly bailout funds can now be used to directly stabilize struggling european banks without adding to the country's debt, a move that should help spain and italy's skyrocketing borrowing costs. also countries seeking bailout money would not have to follow stringent austerity rules which could allow for more growth. there was also a move towards a joint banking supervisory body. as always, the devil's in the details, many of which have yet to be worked out. still, the move sent stocks sharply higher at the open on friday, closing out a rough quarter on a strong note. more signs of a rebound in the housing market, meanwhile, new home sales hit a one-year high in may rising 7.6%, an a

that is third followed by walter isaacson's biography of steve jobs. they appeared on booktv to discuss these books and you can watch those programs online at booktv.org. jeffrey brown is fifth with his parenting book darth vader and sun. edward klein argues president obama is unfit for the united states presidency with his book the amateur. ..

walter isaacson stay with us.n his documentary on cyber espionage. you're watching "morning joe" brewed by starbucks. >>> 29 past the hour. welcome back to "morning joe." rattner is back at the table with walter isaacson and mike barnicle and wit us now, co-anchor of cnbc's "squawk on the street" david faber, his new cnbc documentary looks at one of the biggest threats to american economic security, cyber espionage. look forward to that good to have you on board. >> nice to be here. >> let's start with the jobs numbers and unemployment situation. >> sure. >> friday's outlook, steve rattner characterized it as sort of bla and maybe not even getting better. >> yeah. blah is probably as good a term as any to use. 80,000 jobs, 8.2% where we are on the unemployment rate. the second quarter of this year, similar to last year in that again the first quarter of this year, like 2011, we looked as though we were moving somewhere. especially if the first quarter of this year we had significant job growth and then hit a wall

walter isaacson stay with us.n his documentary on cyber espionage. you're watching "morning joe" brewed by starbucks. [ truck beeping ] morning, boys. so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the road like progressive commercial auto. [ flo speaking japanese ] [ shouting in japanese ] we work wherever you work. now, that's progressive. call or click today. >>> 29 past the hour. welcome back to "morning joe." rattner is back at the table with walter isaacson and mike barnicle and wit us now, co-anchor of cnbc's "squawk on the street" david faber, his new cnbc documentary looks at one of the biggest threats to american economic security, cyber espionage. look forward to that good to have you on board. >> nice to be here. >> let's start with the jobs numbers and unemployment situation. >> sure. >> friday's outlook, steve rattner characterized it as sort of bla and maybe

some history together today. ( cheers and applause ) >> kroft: when steve jobs handpicked walter isaacson to write his life story, he had already been diagnosed with cancer, and after 40 interviews, the biography provides a vivid picture of a complicated man. i think it's a tough book. >> it's a book that's fair. i mean, this is a real human being, just like... >> kroft: tonight, you will hear

chairman and ranking member and senators web and corcoran and isaacson. it's a pleasure to be here with you. i guess we need to thank tom for this opportunity as well, that is right? >> that's right. >> always good to be here with him and the others. on behalf of the 500 member companies with the 9.2 million american, men and women who work in the u.s. oil and natural gas industry, we appreciate the opportunity to be here today to testify in support of success of the law of the sea treaty. we agree with hillary clinton and the former secretary of state condoleezza de vries and with the other secretaries of state before her as well as presidents of both political parties who have urged succession. that joining the law of the sea is truly in the best interest of the united states. the u.s. relies on over 60% of all the energy we consume. recent projections by our own department of energy in the obama administration shows that 30 years from now, 57% of all the energy we consume in the united states will continue to be oil and natural gas. other projections s

senator isaacson, thank you for your patience. >> thank you. it's good to have you here on a historic day. i need to get a couple of clarifications. i wrote down some things i heard in the absence of my having read the testimony so i apologize. but, mr. gerard, you made a statement, i think it's with regard to shell, had invested $4 billion in the arctic. they sent two ships to look at their first claim, is that correct? >> yes. they acquired the lease five years ago through the process of permitting and getting the ability to go out and actually start to drill a well, they've been in that process five years. it's cost them $4 billion to this point, and we hope they're going to get final approval to drill those first wells this summer during this summer season, but that's how long this process takes. my simple point was these are long-term investments, and they're very significant. so we've got to know that we've got some rights intact before we commit to make those investments. >> who is granting that permit? >> u.s. government. >> the u.s. go

walter isaacson was running cnn at the time. he had come over from "time magazine." a good man and a good friend of mine. and headline news had stayed with its regular format. it was giving football scores and the stock markets, you know, its half hour rolling format. and a couple of times, we had preempted that format when it was a big enough news story to warrant both cnn and headline news because the story was so compelling. and i mentioned that to walter. i said walt, have you thought about switching over headline news? he said the last thing i did at cnn. and he said that's a great idea. and within seconds, they switched over to the live coverage of the world trade center. and a few minutes later, the buildings collapsed. it was -- it was like pearl harbor. only being televised. >> let's take a break and come back. i want to talk to you about some of the great loves of your life. women, sailboats, sports teams. anything else you can think of? the great passions of ted turner after the break. people with a machine. what ? customers didn't like it. so why do banks

i ran down to the newsroom and walter isaacson was running cnn at the time, he came over from "time" magazine. a good man and a good friend of mine. "headline news" had stayed with its regular format that gave the ball scores and the stock market. the half hour rolling format. a couple of times we had preempted that when there was a big enough news story to warrant both cnn and "headline news" because the story was so compelling. i mentioned that. i said walter, have you thought about switching overhead line news? it's the last thing i did at cnn. he said that's a great idea. within seconds they switched over to the live coverage of the world trade center. and a few minutes later, the buildings collapsed. it was it was like pearl harbor only televised. >> we will talk about the great loves of your life. sill boats and women and sports teams. anything else you can think of. the great portions. this is the first car that i've been totally in love with in every way, shape, and form. it's my dream vehicle. on a day to day basis, i am not using gas. my round trip is approximately 40 miles

walter isaacson is president and ceo of the aspen institute.f course, author of the best-selling nonfiction book ever on steve jobs, and jeff goldberg is a national correspondent for "the atlantic" with me here as well. welcome both. jeff, you spent a lot of time talking about the israeli question and obviously, listening to the barack speech here as well. he made it very clear, bottom line, they're not waiting for anybody. he did say the u.s. and israel are on the same page, sort of on the same page, about how far iran has gotten. >> right. >> but not necessarily on the same page about how far we're willing to let them go. >> they agree about the past. they don't agree about the future i think is the issue and the challenge for the obama administration. they agree on intelligence. they believe iran is moving toward nuclear weaponization. they agree they're trying to enrich uranium. they agree on all of that. they even agree on the sort of long-term timetable. where they disagree is when is the time to act against it, if sanctions fail and if n

. >> rose: isaacson -- >> it wasn't an ipad or i-phone but creating a great company. >> a rate company which is what we started talking about what apple, the apple delivers innovation, today it is an i-phone and tomorrow it is an ipad but it is insensation and, innovation and it is going to keep changing and coming out with new products. >> rose: without steve at the helm -- >> apple has been under steve one of the best companies in the history of the old world at being an innovation machine. >> rose: why do you think that was? was it because this was a guy who understood that if you create the best product and do everything with a maniacal will be at detail and you are some sense of taste and style and depanneding that the engineering be as good as it can be -- >> uh-huh. yes. but it also runs depper than that, it was also very deep ten molg i think the press sometimes focuses on the design part which is important but underneath. >> rose: that's why i didn't do that, i said design and engineering. >> exactly. design and gearing. behind apple a very deep technology these are very so fi

>> johnny isaacson wanted to be here, but his granddaughter was in a swimming meet and he promised her. >> i would not read too much into that. the session ended yesterday. >> senator collins said she was invited and wanted to go, but once the session ended, she caught a plane. [unintelligible] >> will that money accomplish? >> it will allow new batteries. here is a system, 90% of the time, has been able to shoot down rockettes coming out of gaza and that populated areas in southern israel. there are only an up batteries now to protect certain areas. this is part of a major push, israeli efforts, and substantial american support, to expand the number of batteries so that a greater part of israel can be protected against these missiles. [unintelligible] this is the next installment of a larger optimization. >> [unintelligible] >> this provides a statutory basis -- defense bill that is going through that has not been enacted also as this authorization. this president was committed to this project. we did not need this legislation to do this. the next president will now have the authoriza

. >> let's talk about this and more with walter isaacson, and cnn security analyst, peter bergen.u're an al qaeda supporter, a terrorist out there, you see the reaction of what one lone guy can do in a mov theater in aurora, colorado. your goal is to cripple the economy, that's what they tried to do many years, that's why they went over the world trade center. it represents a serious potential threat, the lessons learned for these guys from what happened in aurora. >> saw some of this in fort hood, texas, killed by major nidal malik hasan. >> but this is not a sympathizer. >> terrorists can draw an opposite conclusion. response of the people in the movie theater and response of local law enforcement was pretty good. this guy was heavily armed. he managed to kill 12 people. it could have been much worse if the local law enforcement response and theater -- >> if you're a suicide bomber, willing to die, walter, that lesson peter spoke about is not going to make much difference. >> never going to be totally safe, don't want to attack society. we can't go to the movies without first go

>> my co-author, johnnie isaacson, said he wanted to be here but his granddaughter was in a swimmingeet and he was very excited. she is eight years old. he promised her. i don't know about the others. >> i would not read too much into that. the session ended yesterday. >> collins, she really wanted to go, but once the session ended, she caught an airplane. >> talking about the iron dome, he says $70 million then said $70 billion. what will that money to accomplish? >> it will allow new batteries. here is a system that really about 90% of the time has been able to shoot down rockets coming out of gaza and the populated areas in southern israel. but there are only enough batteries now to protect certain areas. this is part of a major push, israeli efforts, and substantial american support, to expand the number of batteries so that a greater part of israel can be protected against these missiles. >> [inaudible] >> i think this is the next installment. this is the next installment of the larger authorization. >> [inaudible] >> this provides the statutory basis the bill has not been enact

chairman and ranking member lugar and senator webb and isaacson it's a pleasure to be with you today. it's good to be here at the table. with the 500 member companies along with the 2.2 million americans, men and women for work in the u.s. oil and natural gas industry we appreciate the opportunity to be here to testify in support to the law of the sea treaty. we agree with secretary of state hillary clinton with former secretary of state condoleezza rice and as well as presidents of both political parties who have urged the exception. during of the law of the sea convention is truly in the best interest in the united states. today the u.s. relies on oil and natural gas for over 60% of all of the energy that we consume. recent economic projections by our own department of energy and the obama administration's show that 30 years from now, 57% of all the energy that we consume in the united states will continue to be oil and natural gas. other projections show the demand for the global energy led by oil and natural gas will increase by over 50% in the next 20 to 30 years. energy is a ver

>> my co-author, johnnie isaacson, said he wanted to be here but his granddaughter was in a swimming meet and he was very excited. she is eight years old. he promised her. i don't know about the others. >> i would not read too much into that. the session ended yesterday. >> collins, she really wanted to go, but once the session ended, she caught an airplane. >> talking about the iron dome, he says $70 million then said $70 billion. what will that money to accomplish? >> it will allow new batteries. here is a system that really about 90% of the time has been able to shoot down rockets coming out of gaza and the populated areas in southern israel. but there are only enough batteries now to protect certain areas. this is part of a major push, israeli efforts, and substantial american support, to expand the number of batteries so that a greater part of israel can be protected against these missiles. >> [inaudible] >> i think this is the next installment. this is the next installment of the larger authorization. >> [inaudible] >> this provides the statutory basis the bill has not been ena