paul, allen in december of that year is going to the harvard square newsstand right in the middle of harvard square because his friend bill gates is at harvard and is convince paul to drop out into even to come to cambridge. so he's there and he sees this thing and he says it's happening without us. he grabbed a copy of the magazine and its snowing and he trudges through the slush to the carrier house which is bill gates house at the harbor. he said this is happening without us. bill as you know starts rocking as he's reading and these rocking. he blows off all the exams and they sit there using the computer right next to the mar mark i but a pdp one and a later version of the pdp at the harbor computation lab and they write basic for the altaire. bill gates basically doesn't shave at this point by paul allen can agree -- at least grow sideburns. they want to figure out what to do when they realize that paul allen is going to have to be the one to bring it to albuquerque when they make this altaire but bill is sort of in charge. so they decide that bill should call ed robertson say we

of course that is bound up in the story of bill gates and paul allen and steve wozniak. i want to talk about that because we have the apple i over there. i wonder if when you started the book did you intend to examine the personal relationship as a part of the story? >> when we were to talk would talk about the visionaries and engineers can often the teams have steve jobs make a stand alan, john lockley, all the way down the list for the kernel and in the computer sense of the kernel of the operating system. he was the one that said no make it about the pc into and the internet so i interviewed him very many times in seattle, but the really important thing is that when it comes along it does exactly what we said was it takes something that is a big and impersonal thing like a computer that up until then we kind of fear was going to be controlled by the government into the pentagon and corporations but he makes it something a hobbyist can do. with all due respect it has a few lights and switches but people went nuts because you could slaughter it and make it do things and

in you should read paul allen's book but bill gates was is pretty awesome. as vr understood. in day seen to move contact me but then you should step back that is the way we have all been through things like that. >> some times there is tension but and very near the end their watches woz. we should the btu judgmental especially when they create microsoft and apple. >> there is like six men stood - - $600,000. and i have one with woz signature is. >> he said in the biography did you want to eliminate? that even with the contribution but here is what i discovered when writing about steve jobs if we take that great visionary and he is but what he did extraordinarily well even though a strong cup of tea at times, he develops an incredible set of themes. when he said the high tide. that it was very hard but to create a company is even harder. so lot of that original team. and then to say how hard it was when everyone would say that is the quote that i had. i would not given up for anything in the world. then let's get the nazer bosses non dash nazer bosses. with the original macint

paul allen. multibillionaire. jeff bezos. multibillionaire. larry page. multibillionaire. elon musk. >> elon musks, the jeff bezos, the paul allens, myself, diamandis, all of us who are in this cause right now, i believe, come from a place of hope and possibility. >> rick tumlinson is the ceo of deep space industries, one of two asteroid mining companies in the us. >> several of us were sitting in the room, it was about 1986, 1987. we pledged our lives and fortunes to making the human breakout into space happen in our lifetimes. we called it the benevolent conspiracy. well, that same group of people are still involved today and we're making it happen. >> what will tomorrow look like? our world is at our limits at yet we all want more. and why not? why shouldn't the future be better than today? >> but he prime directive of all these companies that you name seems to be profits. but the way you speak about it is like this... >> no buck, no buck rogers. nobody stays until somebody pays. it can be you the taxpayer, and that's wonderful, thank you very much. but the day that you

paul allen, what happened? was a pretty strong result from westpac, rounding out strong results from the big banks. halfwere up 8% for the with full year cash profits $7.62 billion. ready much in line with estimates. they kept costs under control. bad charges had fallen by 23%. they are gaining a good share of the market as well. the property market is running hot and west back like the other banks is doing nicely in that area. the ceo expects that trend to continue. she sees credit increasing in 2015. that is highlighting an improvement in homebuilding as well. shareholdersfering $.92 per share dividend. none of this good news is enough to impress the market today. westpac off just under 1%. banking stocks in australia often behave this way around earnings time. they are priced to perfection and the market expects nothing less than stellar. >> paul allen, thank you. >> indonesia's new government is cutting subsidies. an president made it essential part of his plan to rejuvenate the economy. carol lina joins us

paul allen joins us from sydney with the details.an rio do this with iron ore prices tumbling? >> they are cutting spending. not just operating cost, but capital expenditure as well. they have deferred plans to construct a mine in australia. they said back in august that the figure for 20 was going to be $9 billion. price, it iron ore has fallen a long way this year, something in the order of 30%. miners suchiron ore as rio and bhp are compensating by ramping up production even more. rio is delaying construction of a mine in western australia. part of a trend to curb supplies? >> there seems to be little intention to curb supply. production is ramping up. they are simply not investing in new minds anymore. the mining infrastructure investment boom is over. we are firmly in the production phase now. just this week, the bhp ceo said they hadn't taken a new project of the board since 2012. the plan is to ramp up production and these big miners are low-cost producers. they can stomach further falls in the iron ore price. >> we have that

paul allen joins us. it has been in the works for a long time. is it going to happen?t was i we are finally going to go to the free-trade deal. it was april 2005 that negotiations began. china had just begun negotiating the free-trade deal. ,n terms of getting assigned the plan is to rely on the right people. prime minister tony abbott was there for aipac and china's presidents comes here to the g 20 summit, which is being held and he will spend more time and dressing power. the stage exists to get the assignment done. australia expects the deal to be signed by the end of the year and there are a few hurdles that remain. it's pretty certain it will happen. >> what are those hurdles? what are some of the potential sticking point that could hinder progress? >> agriculture has a the key trouble spot for australia. it is seeking similar, generous deal to what new zealand has for -- free-trade deal. from china's perspective, a more streamlined way for companies to invest in asia. on a personal level, the foreign investment review board to extend exemptions up to $1 billion.

. >> paul allen in sydney.ntil foreignng investors have greater access to the chinese equity market. is it something to get excited about? we are looking at that and more, after the break. ♪ inwell, world leaders are beijing for the apec summit, not surprisingly, china is making the most of the attention that is being generated. chinese president xi jinping is touting the country's economic muscle, as he signed deals with countries near and far, and stephen engle is at the summit and joins us now. steve, what kind of picture can we draw today? >> well, we have blue skies. they are starting to haze over a little bit. we just had a long procession of the chinese domestic limousine maker cars that were driven by tse dung and- mao others. there are number of different days,rals over the coming including with president xi jinping. offident xi jinping kicked the ceo summit this weekend with a rousing speech, saying china's slowing economy should not be viewed as being scary. he said the chinese economy is getting to

that is paul allen. over to japan where the prime minister said he was renewed support but it seems a number of voters -- not that interested going into an election. shinzo abe's approval rating is down. the latest opinion polls. you live in japan. you know what he's all about and what other people think of him. what is going on? >> people are not too happy with abe and what he is done in the past two years. the majority saying his economic tolerances, why they do not so ported very much anymore. we have an opinion poll taken by a newspaper saying his support for his act is lowest level since he took office. >> what we talking about? popular and given we have seen this evolving door of my ministers in the past two years in japan, prime minister already has a support rating. when he came into power, 51% of voters saying a legible voters in 1600 households saying they oppose his economic policies and 33% support i been a mix. -- support abenomics. >> they do not really have many parties to choose from. >>

we bring in paul allen. strong resolve here. >> this is the fourth and final of australia's big banks to report earnings, up 8% in the second half, to 3.80 6 billion. it gives them a full-year result of $7.62 billion, in line with the estimates, ever so slightly under. how have they achieved it? as with the other big banks they compete with, they have been keeping costs under control. debt charges are down 103%, and mortgage lending has been especially strong at westpac, largely thanks to low interest rates and a very hot housing market, particularly in sydney and melbourne. situation expected to continue into 2015. a very strong housing credit. i not take in business lending as well, particularly in the -- an uptick in business lending as well, particularly in the non-mining shares of the economy. an increased dividend, but shares are up ever so slightly. >> we got inflation figures for october. just been released by td securities. looks like prices remain in a sweet spot in australia. >> very much so. infl

back to you. >> thank you so much, paul allen in brisbane. he will be joining us throughout the morning. >> the price of oil continues to drop. rent crude now at a four-year low. the iea has reached a gloomy report highlighting the impact of weakening demand and the strong dollar. our next guest used to contribute to these reports when he worked for the iea. we are joined by the bnp paribas head of commodity markets and strategy, a long title. >> i know. [laughter] >> harry. >> i go by harry t. >> you sound like a rapper. >> i don't have the gold though. >> we can work on that. let's talk a little bit about the report. as expected,ly -- it is pretty gloomy. >> not so much of a surprise. iea had already revised downwards in its previous two reports. i think this report is really highlighting the pressures that are building on opec. in particular, in saudi arabia. saudi has been cryptic in terms of what it intends to do a head the opec november meeting. >> obviously everyone is on edge. we are starting to see the longest losing streak since 198

paul allen is that the venue. global economic growth is top of the agenda but what are the chances of achieving the target? mark, this is always the issue at summits like these. we hear a lot of fine words and great ideas but intercourse, these leaders have to go back and sell those ideas. a goal in this case is to raise global growth by two percentage points, agreed to by the finance ministers earlier in the year. that would add $2 trillion to the global economy. they also want to crack down corruption and tax avoidance practices. there are numerous challenges to achieving that goal, some of them described by the general when he spoke to bloomberg earlier this morning. here is what he had to say. >> we are in a very sluggish economy. of a bright, inrant growth and recovery the medium or long term are not there, not yet there. we really should make it happen, and i believe that it is possible. we have been prepared here in brisbane. the secretary-general pointing out that the g-20 leaders have their work cut out f

apply thentu law it all started in 1975 when bilgates and his friend paul allen formed a partnership.we software and operating systems created by two youngen in a garage and the company they founded played a major role in the information revolution. microsoft realized early on at thenter d become a major iun r consumers to buy access to the inrnet was , mifirst successfully deloped by the netscape corporation in 1994. this posed a threat to microsoft, in that a browser d the potential to replace its operating system. microsoft decided to develop its own browser, internet explorer, and incorporate it into the windows operating system. man: microsoft was pursuing a strategy that was intended to drive nthe browser business --by i and puing it into the operating system so that an independent browser could not possibly remain on sale. and that'sn fact what happened. scumacher: may 18, 1998, the justice department brought microsoft to court. those facts show a monopolist engaged in predatory and anticompetitive behavior that was notimply its intent, ladies and gentlemen, that was its effec th

. >> paul allen is a busy man. brisbane is a fantastic place to be. thank you very much.inally a chilly reception for putin at the g 20 meeting. the greatest threat to world markets and will be the biggest loser after the drop in oil prices. what are we expecting out of the the e.u. foreign ministers meeting today? more sanctions on who? >> more sanctions. strong rhetoric. perhaps not what we heard from the canadian minister where he said, i guess i will shake your hand, but you must get out of ukraine or the posturings from the russian president, who left the summit early. when the foreign ministers meeting begins in 40 minutes, we are going to hear rhetoric. what we are going to see is andalled personal sanctions individuals subject to travel bans. we have already been told most of those people are people that are connected to the november 2 election. russia defending the poll. to see if interesting there is an expansion beyond that to the russian president inner circle or perhaps members of the business community. something that could happen within the scope of persona

are use private jets are benefit of falling gas prices and paul allen got his hands on one we'll talkh the ceo of the private -- of a private jet broker on this trend, stay "in the loop." ♪ >> breaking news out on the housing market is just out with housing starts one million starts for the month of october. that is slightly below what economists had estimated. that represents a decline, down almost three percent in housing starts so maybe some bad news on the housing market. let's get to julie hyman who's got more on these numbers. >> some stuttering momentum in terms of housing starts it and though the earlier month of toptember was revised higher 1.0 8 million. the number is about one million for october which represents a decline because the earlier month was revised higher so that decline gets eager. on the flipside of that, building permits came in stronger than had been estimated by economists, 1.0 8 million on an annual pace. that september number was also revised higher so that you get an increase of 4.8% in building permits. that tends to be a forward-looking measure. that c

that is the uber ultraluxury jet. >> poor paul allen, he couldn't find a jet. >> i know.settle for a five. but to conclude on that point, he had been looking for several months. but given the slump in oil prices, down about 5%, these other readers have been selling their jets and he was able to pick one up just in the last week. now he's got his christmas wish. the exit was a great article yesterday about how even within the global private jet market, >> there was a-- great article yesterday about how even within the global private jet market, there is a 1% that can expend -- can afford and thennse on jets another percentage that could only afford this much. >> i know. there's always the top tier of people who will not be affected by any swings in the global economy. they are fine with their jets. they are not selling. they are continuing to buy things. that it is that to your below that is feeling the crunch. are down,fuel prices wouldn't they want to hold onto the jets? why is that making them want to sell? >> exactly, that is the question we had, too. a lot of these in

paul allen's money was behind it.he notion it was going to launch a new private space race seemed ridiculous, and yet here we are with elon musk and spacex. with jeff bezos and blue origin. with larry page inflammatory resources, and other companies out there without the big names behind them. did you really envision the next prize would lead to that? x absolutely. -- >> absolutely. itn we formed the x prize, was with the specific goal of launching a new industry. there had been no efforts in this regard. were certain market forces in place keeping it stuck. it wasn't what nasa was doing. we very specifically wanted to launch a new industry, and the xprize was a very visible demonstration that it was possible. in fact, with the winning of the xprize, we did open up a new era of spaceflight. we weren't sure what would happen. originally we thought it would be within a few years of the winning of the xprize. we hadn't anticipated actually starting during the competition itself. was that launch competition, can launch a

let's find out more from paul allen. what does the agreement say? >> we wait to find out. there has been plenty of speculation. the declaration of intent will be signed between the trade minister for australia and the chinese commerce minister. still being prepared. we will have some kind of ceremony and then find out what is in it. lifted for 95% of australian products going into china. there will be significant gains and gary tariffs will be -- dairy tariffs will be loosened as well. the richest woman in australia is looking for a piece of the action. very large dairy concern here in queensland. sure can farmers and rice -- sugarcane farmers and rice farmers -- as for what it will be worth, when new zealand signed its free trade agreement in 2008, trade between those two countries has doubled. trade between australia and china last year was worth 150 billion. that gives you some idea of what australia's expectations are. >> all of this coming on the sidelines of the g-20. set somers have ambitious goals, raising growth by more than 2%, taxing corporations. i guess the bi

. >> they started scaled composites with some backing of paul allen from microsoft. this novel motion of how to solve the problem of getting the spacecraft off the ground and into space. and the notion was you would have a plane that would carry the spacecraft to it the thousand feet. then the spacecraft would descend, basically be dropped by the plane and the rocket would fire and shoot in front of the plane carrying it and shoot that into space going straight. then it would slowly descend because it would have an almost badminton shuttlecock like designed to reenter the earth's atmosphere and land safely like an airplane. in order for that to happen, it would have to have features that no whether rocketship had ever had. it would be a lot lighter to be carried by a plane and a fuel that's a lot lighter as a result because it would have to power this spacecraft being carried by an only slightly larger plane. the experimentations around the fuel would just as important as the composite materials built to hold the passengers in this thing. >> there's been a lot of cri

in addition, people like the paul allen foundation found places that they could help us. one of the critical path issues is medevacing health care workers out and paul allen has focused on those issues. >> and getting the gay a which they talked to me about. >> absolutely. so there is a range of issues that i think they can be helpful with and are and then there's the whole issue of the ngos that have health care workers and help and relief on the ground in the country. >> i want to ask one of the questions and i know my time is going to run out. i think it's important that we recognize those groups that are doing that and look forward to hearing more from you about that. but i wanted to follow up on how the money is going to be allocated to hospitals in particular and for all of us to think about that. i want to asked ask you, secretary burwell, in the funding request you have funds designated for readiness within state and local public health departments and laboratories. i wanted to ask how you're going to distribute that funding and how do you expect states and locali

in addition, people like the paul allen foundation found places that they could help us. one of the critical path issues is medevacing health care workers out and paul allen has focused on those issues. >> and getting the gay a which they talked to me about. >> absolutely. so there is a range of issues that i think they can be helpful with and are and then there's the whole issue of the ngos that have health care workers and help and relief on the ground in the country. >> i want to ask one of the questions and i know my time is going to run out. i think it's important that we recognize those groups that are doing that and look forward to hearing more from you about that. but i wanted to follow up on how the money is going to be allocated to hospitals in particular and for all of us to think about that. i want to asked ask you, secretary burwell, in the funding request you have funds designated for readiness within state and local public health departments and laboratories. i wanted to ask how you're going to distribute that funding and how do you expect states and locali

paul allen sees "popular electronics" the january issue, comes out in december of '7 3w, pops down his 85 cents and runs to courier house through the snow and says this revolution is happening without us. you know, they built a personal computer. bill gates blows off all four of his exams and creates basic for the personal computer and, of course, drops out of harvard to join the revolution. the basic is brought to around, they're showing it off in places and is brought to something called the home brew computer club of palo alto. the home brew computer club by its very name, you can tell it's an amalgam of all these tribes, electronic geeks, people who want control of their own tools, and a couple things happen. one is people have been waiting for programming because, as the women knew, the programming is more important than the hardware. they find bill gates' basic, which they've been waiting for, and they take the tape, and they make 70 copies of it and give it away for free because that was the hacker mentality, software should be free. another thing happens which is steve wozniak

that's where the bill and melinda gates foundation, paul g. allenand that's helping in the areas where they have expertise. the gates foundation is not only funding at helping with the cdc foundation. nih is working very closely with the gates foundation so that we make sure we have the best experts, zmapp, one of the drugs, it's not just about a drug. it actually is an agricultural product because it comes from tobacco. so gates agricultural experts are part of our conversation to make sure we're speeding that along. in addition, people like it the paul allen foundation found places that they could help us. one of the critical issues is medevacing health care workers out. paul allen and his foundation have focused on those issues. >> and getting the data which they talked to me about. >> absolutely. so there is a range of issues that i think they can be helpful with, and are. then there's the whole issue of the ngos that have health care workers and help and relief on the ground in the country. >> i want to ask one other question. i know my time's

. >> paul allen out of sydney. thanks, paul.o look at some of the top corporate stories making headlines today. reporting it is lost some movies after computer systems were hacked last week. two yett's jury and released films are among to -- those taken. e-mail operations are still them. investigators say north korea may be involved. the company earned most of its sales through subscription and has doubled its monthly active users over the last year. alibaba is one of the main investors, with a 20% stake. bong plans to rebuild its store network as it plans to rebuild profit. forcedf wear brand was to close a third of its location over the last three years as it out with debt. fisk says they will open new stores immediately with a plan to increase sales. those are the top corporate headlines. yvb --en on man -- yvonne man. the world's largest jeweler may start mining its own jewels to keep up with demand. shery ahn has more on this story. >> rising incomes in china basically moving a demand for diamonds. they are trying to secure

increasingly a big push for ebola follows what mark zuckerberg has given privately and john and paul allenothers too. >> to help the situation on the ground with technology. moving on the white house, of course, making a big announcement regarding the internet this morning. president obama calling on the fcc to set the strongest possible rules to protect net neutrality when it comes to new internet traffic regulations. hear with some reaction is mitchell baker chair of the mozilla foundation. happy birthday first of all, mitchell, to firefox which has been around for ten years. that's where i want to start off. so mozilla has been an advocate of free and open internet for quite a while now. started firefox to compete with internet explorer. what's your position on net neutrality and do you think it will have the same effect? will it help competition? >> two things. it is our anniversary and yes, you described our goals for the mozilla project and firefox as well. bringing openness and user control to the internet we believe that net neutrality is a fund mental principle and a key aspect of

two famous names on the list, for most effective, steve ballmer and microsoft, and paul allen, anothern of money they gave to candidates who won was higher than anybody else. >> did they fall in that centrist bucket or where were they? >> yeah, because they -- they're pretty much -- we haven't looked at the exact candidates they gave to -- >> but you're saying they were effective because they won. but why did they win? why were they so effective in picking the right candidates? >> i guess they may have people that help them figure out the races they can put their money into that might lead to a good result for them. we don't really know without talking to them and fixing out how they do it. but it seems they spent their money more effectively than nearly every other donor in america. >> they know how to pick a winner. >> steve, i was a little bit surprised that retirees did so poorly here in your study. i figured that retirees, with the amount of time they have to scrub the candidates and figure out which ones they best tailor to their interests would have done better here. >> me too,

and that's where the bill and melinda gates foundation, the paul allen. gates foundation is not only funding and helping with the cdc foundation, n.i.h. is working closely with the gates foundation so we make sure we have the best experts. zmapp, it's not just about a drug. it actually is an agricultural because it comes from tobacco. so gates agricultural experts to part of our conversation make sure we're speeding that along. in addition, people like the paul allen foundation found they could help us. one of the critical path issues medevacing health care workers out. there's -- >> and getting the data. >> absolutely. a raping o range of issues i helpful with. be then there's the whole issue of have help and relief on the ground in the country. >> i think it's really important that we recognize those groups that are doing that and look forward to hearing more from you about that. but i did want to follow up on senator johan. to think about it, i wanted to ask you, secretary burburwell, in the supplemental you have funds, kes naited for ready -- designat

. >> all right, thanks, paul allen joining us from sydney this morning.nd checking some of the other stories we are following, china and russia have signed new energy agreements, including for a second pipeline ahead of the summit in beijing. western sanctions on ukraine, helping beijing ease power shortages and to ease their reliance on coal, and also top level talks. relations have been increasingly strained by maritime disputes, and shinzo abe has been calling for a clear the air meeting with president xi jinping. is the chinese president looking to increase economic muscle. spend $1.25ill trillion in outbound investment erring that period, and this comes as barack obama looks to expand u.s. influence in asia with the transpacific hardship, which excludes china. the two leaders are due to meet in beijing this week. high-speed rail is heading for mexico, although somewhat later than planned. set to reopen this month, the project had been awarded to a consortium led by china railway construction, but it was canceled some days later citing doubt and conce

paul allen covered the g-20. day --p question of the what would you have said to vladimir putin if you had met him? tweeted me. i know what ryan chilcote would've said. he would've said vodka. it comes as investors turn a cold shoulder on russia. 52% chose the russia/ukraine conflict as the greatest threat according to a bloomberg global poll. brian chilcote joins dutch ryan chilcote joins me. will we see more sanctions? >> we will see more sanctions. the meeting began a few moments ago. it is a question of what kind of sanctions we will see. we were told they will be personal. an expansion of the left of individuals such as travel bans and asset freezes and specifically, we expect the eu deems connected to those november 2 elections that took place in the east of the country and people the eu deems as having a role in preparing those to the list. will he go beyond that? will the people within the president's inner circle? business people? you were talking about danger from russia as something the ukrainian presi

. >> paul allen from sydney. next, the outlook for the yen. how low will it go?will be back a short break. ♪ >> you are watching "on the move " coming to live from hong kong and streaming on bloomberg.com and your mobile device. a look at the yen direction, where it is trading exactly. david has the answers. let's start with the dollar index. the reason we are doing that is because the yen is a big part of that basket. it is a reason of why we are seeing that bump up over the past few days. let me show you the yen's move. that is pushing the dollar index up. 112, 112.70. we are flat, but if you compare that to where we were on friday, fairly elevated levels for the dollar-yen. jpmorgan, mizuho see the japanese yen at 115 to the dollar. keep in mind, those were their forecasts for next year. what is happening for a lot of these brokering firms, it is because of those -- that announcement by the boj, they have brought their forecasts forward. unicredit is the one coming out with theirs. euro-yen, 140 by the end of this year. 160 by the end of 2015. ok governor comm

paul allen is bloomberg's man on the spot. is the summit being seen as a success? australian government is hailing this summit as a tremendous success. they got a better result than they wanted to in the communique. the main purpose was to boost global growth by 2.1% by 2018. that's a slight increase on the original agreement. as you say, that would add $2 trillion to the global economy. it is being monitored by the oecd and imf who say it's achievable if the g20 nate -- nations implement the reforms discussed. even tony abbott himself in his opening address talked at length about some of the domestic problems he's facing in getting key aspects of his budget through the senate. that budget was handed down way back in may, and parts are still awaiting passage. that is not to mention considering some of the other challenges in the other 19 countries, japan in particular facing some challenges of its own. targets, and set this is what the u.s. president barack obama had to say about that. >> here in brisbane, all of the g20 countries announced strategies to increase g

what was the conversation you had with paul allen's vulcan productions? ing a film about money comics mining how it exists, why money has values, and a heard we were developing this film and said paul wants to do mystify the economy, to educate the population. >> i said which get together immediately, and out of that came "we the economy: 20 short films you can't afford to miss." >> can you do it with film? i watched the cage match, and that is a very valid debate over whether gdp is an accurate measure of the economy or whether we need to include other things. i don't know if i would have understood that just from watching the film. >> i think what the film does is it sets up a great primer for a conversation or a deeper exploration. the biggest thing we want to do is just open the door to people understanding how these things work. >> this goes back to "et" and spielberg talk a lot how they did the keys working through the woods. how do you jumpstart science? gideon rose, this is over to baker, one ofgene the three or four smartest guys in washington cre

paul allen wanted them to be in hardware. as rich as microsoft is, big company, big guy, rich people, famous people, smart people, they missed it, too. >> the mystery of capitalism. one other great example missing, robert e. lee, commissioner at the s.e.c., in the '80s, i was on the hill, said with regard to cellular telephony, 1978, '79, what a frivolous waste of spectrum people use it for telephone calls. a sitting commissioner of the fcc, not even 40 years ago. commissioner lee, not trying to disparage him, folks at at&t saying, and i think in the '60s, never get within 100,000 cellular phone, cellular phone this size and gonna cost you, $20 a minute, yeah, 100,000 of them. this size and you know, 700 million and basically, you know, $60 a month unlimited, gonna get 7 billion of them. the way it works. >> nobody predicted that even the inventor of the cell phone, marty cooper, admits freely, such a wonderful fellow, no idea what was coming. >> why this factor, 1934. in 1934, they didn't worry about are we predicting the fu

it gave paul allen about 40% of his money back if we won this thing. it put mojave on the map because we had to become a spaceport to satisfy the requirements of the x prize. it was -- peter's side of the house, what he did, i think is still fairly brilliant. without his efforts i wouldn't have had my opportunity, for example, i don't believe the vehicle would have gone straight to the smithsonian and that would have been the end of it. i've never met anybody to out-big dog burt. >> even peter? >> even peter. and burt's a big guy. burt's not, you know, if he stands up next to you, he casts a shadow and he starts sucking oxygen out of the room and peter's, you know, not a big guy. but sometimes it's the little guys -- >> the napoleon complex. >> that's right. it was an interesting battlefield. but it ended up being win-win. it all worked out good. >> one more question because we're a little behind schedule. anybody else have a question? right here. yeah, yeah. go ahead. >> you're a test pilot. what kind of courage do you need to have in order to be a te

and paul allen and his foundation have focused on those issues. so i think -- >> getting the data which they talked to me about. >> absolutely. a range of issues that i think they can be helpful with and are and then there's whole issue of the ngo's have healthcare workers and help and relief on the ground in the country. to ask you secretary in requestlemental funding funds distribute that funding and how do you expect the states and localities to use that money? > there are two pieces of the money that will go to states and localities. part of it comes from the assistant funds designated for readiness within state and local public health departments and laboratories i wanted to ask how secretary for preparedness and response and our network. and also work with the state health departments to determine who to set up parts of the through cdc and we'll talk about those monies. so there's a portion in one part then there's the cdc money. >> we would provide support for local entities in a variety of ways. t it would be formula based based on emergen

paul. playbook's mike allen reported on a big dinner here where rand paul's aides and advisers and supportersombines loyalists and representative ron paul and new talent. will paul family loyalists who carried the name for ron paul and many primaries mix with the new talent? hillary clinton and her friends, abc news published e-mails from a list serve of campaign veterans. many of whom could populate a presidential campaign for her. the leak was designed to embarrass the two people who run the private e-mail list and mentioned as possible hillary clinton campaign managers. the real problem is this. the e-mails are emerging the battle to populate the pop positions and expected clinton campaign. after a 2008 campaign team that imploded over turf wars, personality clashes and back fighting, this is not the support hillary need fist she runs in 2016. the round table is back. u.s. congressman jack kingson of georgia. a taste test here. will this big guy from jersey sell in georgia? >> he will if he keeps talking like this. wall street is tipping and their money is like the weather. it goes where t

. >> i don't know if it was the same bird, but i did a story about paul allen years ago and i was onld. i know they score home runs there and held that bird. >> that one. >> that one. yeah. i don't know if that was that impact bird. >> i went with taiman. >> i don't know. >>> when we come back, big pharma's push to save your liver. we're back in a moment. ing u.s. is now voya. changing the way you think of retirement. it's in this spirit that ingu u.s. is becoming a new kind of company. ing u.s. is now voya. changing the way you think of retirement. >>> welcome back to "squawk box" this morning. filing for chapter 11 bankruptcy today at dendreon. also american airlines, flight attendants rejecting a contract by a narrow margin. and general motors reportedly ordered half a million replacement ignition switches two months before its recall of a million vehicles. it cited e-mails. >>> two movies topping -- is it you? i thought you said michelle. >> it is. just a beautiful shot of joe. >> they showed me -- >> focused on working. he's focused on what's on the screen. >> very closely. actu

when rand paul told politico's mike allen this, quoting here, i think all the polls show if she does'll win the democratic nomination, but i don't think it's for certain, it's a very taxing undertaking to go through. it's a very rigorous ordeal, i think to be able to campaign for the presidency. so what do you think? do you understand hillary is too old because she will be 69 in inauguration day? people said that about ronald reagan, and he was 69 on inauguration day. and winston churchill led britain through it's darkest hours old winston still helped save the world. so what in the world are you getting at, senator? and why does it seem you're only getting at it with hillary clinton? but all means go after those that matter. she's no more meth he was up to the physical rigors of the job, as the same politico that talked to u you noted, if diplomatic achievement were known by the number of countries visited, hillary rodham clinton would be the most ---get her on what she did for all of those miles, not for what her face is showing any miles. for a republican who talks about expanding

support and the senate from senator ron paul, senate minority leader mitch mcconnell, former governor and presidential candidate mitt romney, former congressman allenest. given the support from these well-connected individuals, how can you call yourself a political outsider in this environment? >> that's easy. because i am. i have never been involved in politics. i never thought about it. we struck a nerve in the state of georgia. i went into an event back in may, and i was opening a door. a lady who looked like she was in her 80's said you are running for the senate, aren't you? and i said yes ma'am. and she said that she had just one question. i said, oh boy. she said, have i ever done anything in office before? i said, no, i have not. she said, well, you have my vote. michelle nunn was handpicked by barack obama. she has been funded by him. is it any wonder why she wants to be in the senate to be his proxy? the name of those failed policies, again, is michelle nunn. >> david, your opportunity to ask a question. >> can i get a rebuttal to that? mr. perdue, forgive me, but i do not agree with you. i am the true outsider this race. >> mr. purdue? >

the senate race from senator ron paul, senator tankers, senate minority leader mitch mcconnell, former governor and presidential candidate mitt former congressman allen west. from these support well-connected individuals, how can you call yourself a political outsider? >> thank you, ms. offered. that is easy because i can. never been involved in politics until now. they want to change in washington. i went into an event back in may and i was opening a door. a lady who looked like she was 80's said that you are running for senate. i said, yes i am. she asked, have i ever done anything in office before. i said, no i have not. she said, well, you have my vote. michelle nunn was hand-picked by barack obama. she has been funded by him. is it any wonder why she wants her in the senate to be his proxy. is it any wonder why she needs her to support his agenda. i believe the people of georgia deserve better. in georgia, the name of those failed policies is michelle nunn. >> david, your opportunity to ask a question. >> can i get a rebuttal to that? mr. perdue, forgive me, but i do not agree you. i have to say that i am the outsider in this race. >> mr. perdue

allen. let's start with the daily beast. rand paul has a piece and he writes this.war is illegal. conservatives can't simply be angry at the president's lawlessness when they disagree with his policies. they should end their conspy can youous silence about the president's usurpation of congress' sole authority to declare war even if they support going after isis as i do. this is important. it matters how we go after isis. it should include this current battle in the middle east taking military action against isis is justified. the president acting without congress is not. >> gee, this could have been written in 1971. most people just don't seem to care these days. by most people i mean most administrations, republican and democrat and most members of congress. >> i don't think any president is going to willingly give up what presidents, you know, the right to declare war that presidents frankly have taken from congress. it is written that it's congress that is supposed to declare war yet the last time there was a formal declaration of war was during world war ii. at

paul, senate minority leader mitch mcconnell, former governor and presidential candidate mitt romney, former congressman allen west. given the support from these well-connected individuals, how can you call yourself a political outsider in this environment? >> that's easy. because i am. i have never been involved in what we have done in this campaign is struck a nerve in georgia. they want a change in washington. may,t to an event back in and i opened the door, and a woman who looked like she was in her 80's said, you are in the senate? and i said, yes ma'am. she said, have you ever run for office before? and i said, no ma'am. and she said, well i will vote for you. and that is what you want for the state. not a rubberstamp for barack obama. chance why he wants her in the senate as his proxy. of georgiahe people deserve better, and in georgia the name of those failed policies, again, is michelle nunn. >> can i get a rebuttal to that? purdue, forgive me, but i don't believe you. i am the true outsider in this race, and i don't have any political it -- a local connections, and i am the true outsider. we have to

support and the senate from senator ron paul, senate minority leader mitch mcconnell, former governor and presidential candidate mitt romney, former congressman allen west. given the support from these well-connected individuals, how can you call yourself a political outsider in this environment? >> that's easy. because i am. i have never been involved in what we have done in this campaign is struck a nerve in georgia. they want a change in washington. may,t to an event back in and i opened the door, and a woman who looked like she was in her 80's said, you are in the senate? and i said, yes ma'am. she said, have you ever run for office before? and i sa

allen curtis, obviously we are having satellite difficulties there if we can establish the connection again we'll ask him a few more questions. in the meantime earlier this afternoon we spoke with nicole paul her fiancÉ shawn bell was shot and killed by police in new york city the night before their we hading in 2006, we can obviously relate to some of the anxieties in ferguson, three new york city detectives were tried and acquitted of all charges in her case. we asked her what she makes of the community reaction to michael brown's death in missouri. all right, i think we are -- all right, here again, nicole talking about similarities between her incidents and new york and what's going on in ferguson, missouri. >> it's like opening up a wound that was only, you know, somewhat patched up. but the people are angry. and justice needs to be done. justice doesn't need to be a civil suitor settlement. justice needs to be accountability. the people who -- or the man or the person who did this crime needs to be held accountable. and until that, i am afraid people are going to react. and it's getting worse, you see it here in ferguson and i can only pray for the people in at that town. it's scary.