mr. hubbard, please begin. >> thank you. thank you for everyone for coming out tonight to talk about the book. tim and myself are radicals because you may not think we look like them, but we consider ourselves that, because the book explains why the decline is inevitable for the united states and it is quite the opposite. we are at a say no to the decline school for america. it is radical as well in that we claim that we have an answer and a roadmap to what causes great powers to decline. it's a bit like a clinician looking at a series of patients and spotting common symptoms and treating them and then finally we try to offer some very specific way out to avoid some of the historical fates. economists tend to get really excited about explaining economic growth and this book about great powers are different than that because we are about explaining why growth stops, which can sound like less fun, but is actually quite entertaining. before old one in the per capita income in the industrial world was a little over $3000 at the

mr. hubbard will not reoffend. so be it. that is the law. d now this will be the test. >> reporter: kiet do, kpix 5. >>> hubbard was scheduled to get out in november but will stay in custody while the l.a. county district attorney appeals the ruling. >>> time is 4:50 now. the opening of the new bay bridge span may not have to be delayed after all at least not in the opinion of one engineer. the bridge engineer and expert told a bay area transportation panel a short-term fix could allow for an on-time opening. it's called shimming. and basically, it means installing wedges into the bearings to hold them in place until a complete fix is finished in december. >> the contractor has the designs in front of them. and as soon as we shim these pieces, we still have achieved the full seismic safety of the bridge. and we can achieve that seismic safety within a month's time. >> professor seibel says time is of the essence because the ole bridge is unsafe -- old bridge is unsafe and an earthquake could happen at any time. >>> target is now at the center

mr. hubbard of the geological survey was saying we were going to run out of oil in the u.s. by 2000, i said the world is drowning in oil, and where'd that come from? simple. as the price goes up, you get more and more economic retrial of hydrocarbons, whatever disaster it is for the environment. and the world is full of hydrocarbons. the same with the iraq war. i'm sure many of us predicted disaster there, and unprecedented over 300 retired admirals, generals, colonels, national security chiefs and diplomats spoke out. they wrote articles and letters to the editor to try to stop the invasion. and they knew that the u.s. army itself in the pentagon was against it, because they knee what they were getting into in contrast to air force and the navy. and, of course, look at all the voices who were ignored predicting the repeal of glass-steagall, again, under mr. clinton, which shattered the new deal reform separating commercial banking from investment banking and led to the binge of speculation that ended up in the 2008 wall street crash. so i urge you to just apply those three