i also think that immigrants tend to bring with them new ideas, new entrepreneurialism. 60% of small businesses in colorado right now are hispanic- owned businesses and the majority of those are immigrants. if we talk about businesses -- small-business in job creators, this will create jobs. in addition, we will have new consumers. we will have folks who can apply for home mortgages, purchase cars, and do the kinds of things that our business growth in our country. so i think there are many benefits to that. in addition, the tax revenue. as a mayor of a large city, we are always short on governmental services. i think this will help to fund those services and help us strengthen our government. that, our state is a per-capita for fortune 500 companies. fortune five companies, 90 of them are headed by immigrants. i reinforce your view not only with small businesses but big another double that our kids of immigrants. people need to understand this is more than just about legalizing people. it is the jobs that will create in our country. the visas for foreign entrepreneurs. foreign entre

i also think that immigrants tend to bring new ideas, new entrepreneurialism. 60% of small businesses in colorado are hispanic owned. if we talk about small business being job creators, this will certainly create jobs. i think that in addition we will have new consumers, folks who can apply for home mortgages, by cars and do the kinds of things that spur business growth in this country. i think that there is many benefits to that. in addition the tax revenue and fee revenue, certainly as the mayor of a large city we are always short on governmental services and this will t nd those services and strengthen the government. >> our state is second per- capita for fortune 500 companies and one interesting fact is that 90 of them are headed up by immigrants, to reinforce your view that not only small businesses, but big businesses are kids of immigrants. people have to understand that this is more than just about legalizing people and bringing them in, it is the job it will create in our own country. you are also a fan of the visa for four and entrepreneurs. entrepreneurs. >> i think we sho

and they have shown their great vision and entrepreneurial spirit by picking themselves a new partner. and that partner is anchor brewers and disstillers. a san francisco icon, and icon firm and craftsman beer that we would today called san francisco made. it's my honor to introduce all dignita dignitaries. i would first like to recognize mayor ed lee. [applause] supervisors carmen chu, jane kim, and malia cohen. c.e.o. port commission president, and former commissioner michael hardaman. fire chief. and san francisco jim lathermyth. and san francisco made we have katie and sarah from spur. as well as many of our neighborhood leaders, i saw mike bishop from the southern waterfront. and katie from the central waterfront. and the commerce advisory committee. and of course all of you who i hope are not just only san francisco giant fans but fans of home-made beer here in san francisco. and it's my great honor to introduce entrepreneurial spirit. mr. gregor was born and raised in the united kingdom. he then moved to singapore at the age of nine. he's lived in amazing cities around the worl

and they have shown their great vision and entrepreneurial spirit by picking themselves a new partner. and that partner is anchor brewers and disstillers. a san francisco icon, and icon firm and craftsman beer that we would today called san francisco made. it's my honor to introduce all dignita dignitaries. i would first like to recognize mayor ed lee. [applause] supervisors carmen chu, jane kim, and malia cohen. c.e.o. port commission president, and former commissioner michael hardaman. fire chief. and san francisco jim

and the san francisco giant's ballpark, pier 39, america's cup, a new cruise terminal that david just mentioned and many entrepreneurials business and of course this wonderful place the exporatorium the person who manages this incredible city asset is port director monique who led us to this site and along with the staff of 235 people managing this ongoing and very important asset for the city which is about to celebrate its 150th anniversary. so please welcome monique moyer. >> well, good morning, everyone. and welcome to the most amazing water front in the world. it is always sunny and clear when we are celebrating at the water front. and as mr. ashley said, one week from today, the port of san francisco will mark the 150 anniversary and i could not think of a better birthday present than the new exporatorium. so it is my honor and also my thrill to be here today to not just to celebrate this grand achievement but to mark this historic moment for the port wr, we have once guinea involved ourselves both architecturally, scientifically, socially, and environmentally, and economically. and the port as you know, was the b

and also, a new empowerment in terms of developing economic opportunities and an entrepreneurial way of thinking, an outside of the box way of thinking. so in fact, this generation is much more like, perhaps, i was when i was growing up, and when i first came to the region. they are bringing a new energy and dynamism which has great potential. it's a great opportunity for the region if we use it right. >> hinojosa: well, lete ask you, what do y think is e greatest challenge to bridge these two worlds? it's been your life's work, right, is to try to get americans to understand that, actually, you have a lot more similarities than you might think that you share with the arab people, with the arab culture. and now, in a way, you were kind of way ahead of the game. >> well, over 30 years i've been trying to make that point. and yet today, at this point in time, because of political even, beusof ctain isolated but tragic in their consequences acts of terrorism, and because of the political process in this country, to some extent, there seems to be even more polarization that i remember at

and so being able to be entrepreneurial and opportune u.s.ic about these, about these new options that are available to us is the spirit in which we're approaching the entire spectrum auction issue. it may be that most of our stations don't have any interruption at all through this except for the repacking that will probably affect everybody in the television industry, commercial or public. but for those stations in the markets where spectrum auctions are going to be most important, they're considering all of their options, and i think they're going to have some interesting conclusions to draw. >> host: well, patrick butler, in this world of act acronyms, d you explain the relationship between cpb and pbs? >> guest: sure. the corporation for public broadcasting is owned by the american people which receives these federal appropriations every year, and they distribute that appropriation through a well-defined formula, 71% of these funds go to local television and radio, local public television and radio stations, about 5% goes to their general administrative purpose, and the rest goes t

these are really the entrepreneurial class, the people who are the engines of our economy and job creators." new york senator charles schumer said this week to expect an immigration debate no later than june. news leaked early toyota is preparing to build its lexus es 350 in the u.s. for the first time. a press conference is scheduled for today, but reports already say the kentucky economic development finance authority is offering $146 million in tax breaks to toyota to expand its georgetown plant to make the car. the tax breaks would spread over 10 years as the car company makes an estimated investment of $531 million. it creates 750 new jobs. production would start in 2015. a growing number of cars for sale and on the road are under recall. carfax reports that 2.1 million cars with open recalls were for sale online in 2012. recalls increased in the midwest, especially in iowa, missouri, kansas, illinois, indiana, wisconsin and michigan. boeing's fleet of 787s appear to be closer to takeoff. several reports say we could know by next week whether the dreamliner will soon be back in service. the

entrepreneurial company. we are continstantly exploring ideas. it is our long standing -- now the la times in particular has drawn interest from news corps as wellgroup led by billionaire billionaires the paper is becoming a battleground of sorts. it is said that the koch should not own the la times because of their political standpoints. the next step is they will circulate financial data. sue will continue to follow the story. >> we're going to go back up to scott kohn who brought us the news that the department of justice has filed charges against the second suspect one of the big was whether or not he was going to be charged by the department of justice or a military trial. what are the advantages? >> i can tell you a little bit more about the criminal complaint just unsealed. it's one count of conspiracy to use a weapon of mass destruction. the penalty for that is life in prison or the death penalty. one of the things considered early on is whether he would be subject to state charges in a state that does not have the death penalty or federal charges that do include the death penalty. and white house spokesman pointing out that hundreds of

new products and services. so we wanted to solve that problem in the way we know. we are the entrepreneurs in silicon valley. we are not politicians. so our solution is an entrepreneurial one. > it is a fanciful idea. i think it is fascinating. however, you have got to deal with politicians to be sure it is allowed. now it is going to be in international waters. any response from the u.s. government as to whether they would give you a thumbs-up or a thumbs-down on this? > > absolutely. we will have to deal with the u.s. government in many different ways. we will actually have to establish partnerships with numerous agencies from the coast guard, homeland security, etc. so you are absolutely correct in that sense. we have approached certain government agencies. however, for some of them, this is still too early of a stage for them to give us an official go-ahead. but as far as we can tell, response so far has not been negative, and exactly what we are working on i think is a positive for the united states, because our goal is to create jobs and create new sources of revenue. so i think it is up to us to properly position this with the u.s. government, and i think becaus

news that counts. > i will jump in because i think about this all the time, because some of what i do is entrepreneurial and i have to actually look at raising money and numbers, but i think there was -- this may be going a bit of fields, but stay with me. when a worked at abc, company is owned by a larger entity, it sometimes gets held peak.andards that don't s i felt that abc was being held to disney standards in terms of the amount of revenue it was expected to generate. news will not generate the same numbers as entertainment. news has been held to an entertainment standard, particularly tv news. by news not doing badly standards. it was that we came to the standards that news was judged by in terms of profitability and and then got into a fear and panic cycle, which has meant overtime that the demographics of network news has become older and narrower. now there's a gap that either can or cannot be still depending on different management decisions to reach down demographically and out diversity wise. part of the issue was that a lot of different news entities were part of larger companies not just

entrepreneurial. a big percentage of them are the ones that are founding new companies.(k)s. they are investing earlier on a somewhat automatic basis. i'm not suggesting the psyche is there to replace the boomers. but there is static analysis of the boomers. >> and this whole demographic thing, there's a lot of myths that run around this. when you look at the size of the u.s. working age population over the next 30 years it's going to increase 30 to 50 years. it's going to increase by about 30%. that compares to japan where it's going to be shrinking and your favorite place, europe. >> right. >> the economy is always rosie. it's going to contract. even if china in the next 10 years it turns out. in the united states the working population will continue to grow. the idea that the baby boomer will somehow overwhelm this huge growth in the workforce i think is a myth. >> we need to do some of the right things to not mess this stkpwhr up. >> no question about it. you can argue for the benefit of establishing the right conditions which is ultimately the best thing. if you don

entrepreneurial economy? chairman of gilder wealth management joins us tonight. first, let's take a quick look at what happened on wall street. all good newsdow jones industrial with another all-time high at the close. the 13th of the year. the s&p 500 moving to another record high. second of the year. the dow jones industrials rising to up 14802. the s&p 500 up 19 points. the nasdaq, no all-time high, but doing pretty well sitting at just about a 12-year high. three and a half billion shares traded today on the big board. all of more than 2% on the day. as predicted. churchill downs, kentucky derby, stock up more than 4%. the commodity market announcing it is bearish on gold. responded, dropping $20 per ounce. twenty-three year highs with crude oil of $0.44 nonetheless. the treasury auctioning off 21 billion in two-year notes. rising. all but a few fed officials say they want to keep the $85 billion a month bond purchase program going at least through mid year. i thought in the year. not according to minutes released from the policy meeting. joining us now to define what is going on with the fed, his own economic outlook, one of the best

and dedicated work force that will grow our economy, invite entrepreneurialism and innovation that will create more businesses and jobs, bring new revenues in the form of taxes that will help us run our country and strengthen our government, bring out into the open a new group of consumers that will spur new business growth. my parents made a courageous sacrifice in sending their children to this country. i am better for it. my life has been filled with hope, opportunity, meaning, and purpose. i am fulfilling their american dream for me, but although it was not perfect but the time, the america i was sent to as a child would never have tolerated the things i've seen as mayor of a large city, where many immigrants must lives in fear of being deported or being separated from their families or having their wages stolen by a deceitful employer or having no legal recourse when crimes are committed against tampa. i ask you to support comprehensive immigration reform. let's brighten delights that america has always probably displayed to the rest of the world. i will be happy to answer questions when the time comes. >> thank you very mu

new businesses and imad made it his mission to help them. >> they usually have more barriers, they don't know the permits, they don't know the system how to navigate it so it's entrepreneurialop and shows his new business award. 57-year-old elsa aruthia was not ashamed to tell us she grew up homeless in el salvador and after having many jobs this is the bakery she owns. >> i feel homey and nothing else to say but i'm happy here. >> reporter: a u.s. citizen who raised four kids including rudy, who serves in the army. >> i tell him i brought you to this country to be somebody. i want you to have what i didn't have in my country. >> reporter: new generations of latinos are opening up businesses. >> you want green peppers or anything? >> reporter: jose graduated from ottumwa high school and wans the town's first hispanic homecoming king. now one in five students in school is hispanic. >> just having the diversity in our classrooms has given our students great insight to the world. >> reporter: from the classroom to the field where the universal language of football is spoken. the soccer program has become increasingly popular and competitive. >> one, two, three! >> they've beco

new york stock exchange and we're pushing ahead of saudi arabia. is that why you're so bullish on energy? >> for a couple of reasons. primarily what it does for the rest of the economy. with the entrepreneurialnology that's really led to vast resources that we can't find imaginable 10 or 15 years, it helps manufacturers, the american consumer. so those are all great drivers for our economy. as we look into the future, we should be and can be much less depending upon foreign sources. cheryl: i want to get your take on some of these new stocks we're seeing. nicole was just mentioning some of these big names and united health care is one, johnson & johnson, pfizer, coke, big names we've seen moving in the first quarter of 2013. the reason i ask you this is because overall, when we looked at manufacturing data, durable ggods orders coming in, some that far da -- of that data was little murky. what do you see happening right now? >> i think part of that data that you talk about really shows that we are recovering and having slow growth but i would say that the expectations in general are so low, these are relatively easy hurdles for us to hit. so as that affects stock prices in general, broad bas

new revenue, silicon valley has the answers. if you are trying to explore and ignite better innovation within your company, silicon valley has the answers. from an entrepreneurialndpoint, how is entrepreneurship different in silicon valley than other places, which is distinctly is. cut so much of it is often based on failure and learned from one's experiences, but it is also recognizing that you can be part of the process of adopting other people's ideas or you may have ideas for the next big thing. but the bottom line is there's an authenticity to the way things are done in silicon valley that is very accepted no matter who you are. >> that's tonight's on the communicators at 8:00 eastern on c-span2. >> "washington journal" continues. host: well would anybody want to run for congress? that's the headline of a recent cover story in the national journal. here to discuss his story on how both political parties subdues and sometimes browbeat potential recruits, we are joined by shane goldmacher of the national journal. if you say in your piece that congress can be a tough sell these days. why is congress such a tough sell for a would-be candidate? guest: because w

we have had -- new orleans has had not only an influx of no class to these neighborhoods but entrepreneurialism and scientific innovation. your lens has just in the last couple of years changed into a city -- from a city which was identified by most people in this country is one of the most-active to what will soon be one of the more creative cities in america. that is it -- that has a lot to do with the historical and architectural image and legacy that new orleans as. it has to do with music, food. there again, if more than one thing is moving in the right direction the city can do things to promote it. if nothing is moving in the right direction you cannot suddenly invest millions of dollars in expected the city will change. >> i want to piggyback on that question and directed to doctor p levinson and his baltimore experience. what i have heard described is a dynamic for a new population moves into the city and it displaces the endemic social problems but does not really solve them or fix them in any way. i wondered if your take on baltimore is one that those problems are really just intract

news that counts and see what happens. >> if i can, i'll jump in because, you know, i think about this all the time. some of what i do is entrepreneurial. it may be going abit afield. stay with me. having worked with abc and there are people in the room with us that also have. when a company is owned bay larger entity, it sometimes gets held to standards that don't suit. so i felt, and this is my opinion, i felt that abc was being held to disney stands in term of the amount of revenue it was expected to generate. news is not going generate the same profit as entertainment. just in general. i think news has been held to a entertainment, particularly tv news, held to the entertainment standard with the revenue it's expected to generate. news was not doing badly by news standards. we changed the standards that news was judged by in term of profitability and got to a fear and panic cycle which neant over time -- meant over time, you know, for example the demographic of networking news has become older and narrower. there's a gap that either can or can't be filled depending on different management decisions to reach down demographically and

news that counts and see what happens. >> if i can, i'll jump in because, you know, i think about this all the time. some of what i do is entrepreneurial. it may be going abit afield. stay with me. having worked with abc and there are people in the room with us that also have. when a company is owned bay larger entity, it sometimes gets held to standards that don't suit. so i felt, and this is my opinion, i felt that abc was being held to disney stands in term of the amount of revenue it was expected to generate. news is not going generate the same profit as entertainment. just in general. i think news has been held to a entertainment, particularly tv news, held to the entertainment standard with the revenue it's expected to generate. news was not doing badly by news standards. we changed the standards that news was judged by in term of profitability and got to a fear and panic cycle which neant over time -- meant over time, you know, for example the demographic of networking news has become older and narrower. there's a gap that either can or can't be filled depending on different management decisions to reach down demographically and

news that counts and see what happens. because i think about this all the time because of what i do is entrepreneurialism all and i have toook at raising money and numbers, but i think that there was -- this may be going at a field, but stay with me. when a worked at abc, company is owned by a larger entity, and it sometimes gets held to standards that do not suit. i felt -- this is my opinion -- i felt abc was being held to disney standards in terms of revenue. news will not generate the same profits as entertainment. just in general. a lot of times he's has been held to an entertainment, particularly tv news, in terms of the revenue is expected to generate. news was not doing badly by news standards. we changed the standards that news was judged by, and got into a fear and panic cycle which has met over time, the demographic of network news has become older and there were, and there is now a gap that either can or cannot be filled depending on different management decisions to reach down demographically and out diversity twice. part of the issue was a lot of different ways and these were otherf larger companies, holding

news accounts and see what happens. >> if i can i will jump in because, you know, i think about this all the time because some of what i do is entrepreneurial, and i have to actually look at raising money and numbers. but i also look, i think it was, this may be going a bit afield, but stay with me. having worked at abc, after some people in the room here with us who also have, when he companies owned by a larger entity, it sometimes gets held to standards that don't suit. so i felt, and this is my opinion, i felt that if he was being held to disney standard in terms of the amount of revenue it was expected to generate. news is not going to generate the same profits as entertainment. i mean, just in general. i think a lot of times music is helping entertainment, particularly tv news, held to an entertainment standard in terms of the revenue expected to generate. news was not doing badly by news standards. it was that we change the standards that news was judged by in terms of profitability. and then got into a fear and panic cycle which is meant that over time, for example, the demographic of network news has become older and narrower. and