jeff bazo's taking over the washington post, for example. he understands distribution, how to get books out right away. the post knows newspapers. >> this is the future economy. ordering stuff over the web and getting it shipped. >> the largest employer in america, john, 40s, general motors, ford was number two. now it's walmart and amazon.com and mcdonalds. look at those guys. they're good jobs for kids coming out of school but you have grown people, retired people and others. it's turned into a service economy and the grade industrial productive nation exported its factories to china. >> walmart -- >> do they come and go, according to sales? >> they come and go. >> walmart would refute what you just said, in particular. there are many jobs in their structure and those can be good paying jobs but there's a conflict going on in the district of columbia, where the local council wants them to pay a living wage, not a minimum wage, and walmart is saying if they're made to do that, they're not going to come in at all. so the mayor is faced with

what did jeff bazos have to say about the future?i was very impressed with him and very well informed about the post and about the world and the world of journalism considering that had not been in his background. he emphasized several things. investigative reporting -- >> investigative? >> investigative reporting. "the washington post" is known for. it continues to place a great emphasis and our resources are devoted to secondly, he wants to rebundle news in some new form. >> what does that mean? >> because he loves the printed newspaper. he said that's still his preference. on the other hand, we want to read all these other platforms. so you said the problem is that the newspaper is being torn apart with huffington post picking up something here or there, and people aren't seeing the whole bundle of news. he believes there is a way to do that and his to be cufocus is o. >> whether ipad or anything else. >> exactly. but he differentiated from the pc screen. trying to figure out some way to rer rebundle the content. >> so do other pa