therefore to stimulate continued private r and d investment by u.s. companies, i feel that the congress should adopt a more -- a longer term approach to r and d investment incentives. for those that follow it you may know that the r and d tax credits that help in this regard have been -- have been somewhat problematic in recent years. and so looking ahead instead of relying on one year in some cases one year retro active r n reinstatements of the r and d credit it would be highly desirable to see a five or ten-year extension of that mechanism and that it be simplified and strengthened to put it more on par with the economic incentives that many of our european and asian competitors enjoy. in the second area has to do with the technology workforce that we rely on in our company and i think this is true in other u.s. satellite builders. about half of our employees are engineers and scientists. and we rely on the young kids coming out of school to a pretty significant extent. the average age of our engineering staff is in the 30s. now today u.s. universit

manufacturing accounts for 70% of our private sector r&d, of 90% of our patents and 60% of our total exports, including a record $1.3 trillion in goods exported last year. so today i think we all agree we need to build on this momentum. and i heard it in your comments. after all, if we lose the ability to turn ideas, american ideas into american products, if we lose that, our innovation chains would break, and we would lose our long-term capacity to compete and create jobs. as you have seen in my written testimony, we are focused on four key areas at the commerce department. i'll touch on these quickly. first prorks moting innovation and protecting intellectual property. second, establishing regional manufacturing partnerships. third prorks moting investment and trade. and fourth, providing manufacture and analysis on the manufacturing sector. on a broader scale, the president has laid out a number of proposals to support u.s. manufacturing. for example, he has propose weed reform our corporate tax code for the first time since the 1980s. this would lower the effective rate for u.s.

therefore, to stimulate continued private r&d investment by u.s. companies, i feel that the congress should adopt a more, a longer-term approach to r&d investment incentives. for those that follow it, you may know that the r&d tax credits that help in this regard have been, have been somewhat problematic in recent years, and so looking ahead instead of relying on one year, many some cases one year retroactive reinstatements of the r&d credit, it would be with high hi he sire bl -- highly desirable to see a five or even ten-year extension of that mechanism and that it be simplified and strengthened to put it more on par with the economic incentives that many of our european and asian competitors enjoy. the young kids coming out of school to a pretty significant extent, the average age of our engineering staff is in the 30s. now, today universities are doing a great job of training students in the fundamental engineering disciplines that go into building a satellite, aerospace engineering, mechanical engineering, electrical engineering and so on. and

virtuous cycle that would bring in more revenues just because of economic growth, would benefit the private sec r er in significant ways and that could help contribute to deficit reduction in the short term. even as we still have to do these important changes to our health care programs over the long term. >> mr. president, you said yesterday it would be unprecedented for a supreme court to overturn laws passed by an elected congress. that is exactly what the court has done during its entire existence. if the court were to overturn individual mandate, what would you do or propose to do for the 30 million people who wouldn't have health care after that ruling? >> well, first of all, let me be very specific. we have not seen a court overturn a law that was passed by congress on an economic issue like health care that i think most people would clearly consider commerce, a law like that has not been overturned at least since loughner. we're going back to the '30s, pre-new deal. the point i was making is that the supreme court is the final say on our constitution and our laws. and all of us have to re

manufacturing accounts for 70% of our private sector r&d, of 90% of our patents, and 60% of our total exports, including a record $123 trillion in goods exported last year. so today, i think we all agree we need to build on this momentum. i heard it in your comments. after all, if we lose the ability to turn ideas, american ideas, and to american products, if we lose that, our innovation change would break and we would lose our long-term capacity to compete and create jobs. as you've seen in my written testimony, we are focused on four key areas at the commerce department. i'll touch on these quickly. first, promoting innovation and protecting intellectual property. second, establishing regional manufacturing partnerships. third, promoting investment and trade. and forth, providing information and analysis on the manufacturing sector. on a broader scale, the president has laid out a number of proposals to support u.s. manufacturing. for example, he has proposed that we reformed our corporate tax code for the first time since the 1980s. this would lower the effective rate for u.s. manu

we do have the ability if the private sector provider so chooses to have what's called an r bond which is a retirement savings account. it is somewhat similar to the i bond which has been a u.s. treasury savings account for a number of years now. and that would allow small savers to accumulate roughly $5,000. but at that point then that would be rolled into the private sector. we feel that the private sector is going to be more innovative. it's going to create more jobs. and, frankly, it will do a better job of keeping costs lower. >> thank you. thank you, mr. chairman. >> thank you. >> thank you, mr. chairman. thank you for holding this hearing today. and your leadership on these issues as well as overall tax reform. as someone who has been interested in pension and retirement issues since i've been here, i look forward to working with you, mr. chairman and others on this issue. i think strongly that we need to make sure that americans have the tools and the education necessary to feel as though they can make the right choices with respect to retirement. one of our panelists did a stu

manufacturing accounts for 70% of our private sector r &d, 90% of our patents, and 60% of our total exports including a record $1.30 trillion in goods exported last year. today, i think we all agree, we need to build on this momentum. i heard it in your comments. after all, if we lose the ability to turn ideas, american ideas, into american products, our innovation chains would break and we would lose our long-term capacity to compete and create jobs. as you have seen in my written testimony, we are focused on four key areas at the commerce department. i will touch on these quickly. we promote innovation and protect intellectual property and second establishing regional manufacturing partnerships, third promoting investment and trade and forth, providing information and analysis on the manufacturing sector. on a broader scale, the president has laid out a number of proposals to support u.s. manufacturing. he has proposed that we reform our corporate tax code for the first time since the 1980's. this would lower the effective rate for u.s. manufacturers to 25%. also, through the commerce dep

government attain people's private information from internet companies. in the russian capital you're watching r t we take a look at the top stories of the week as well as the latest news lebanon has see is a large cache of weapons and ammunition aboard a ship within its waters the cargo was said to be destined for the serious opposition fighters rebels refuse to lay down their arms as supporters accuse them of resorting to outright errors and damascus was rocked by a series of blasts this week the latest blow to the un backed peace plan the attacks have mostly toria government forces and supporters as a son a boy who discovered rebel forces have little desire for neutrality. a lifetime of work burned over night. this is one of a growing number of businesses in syria destroyed by those claiming to advance the cause of the revolution this factory was a classic example of syrian interpreter one hundred and fifty employees producing textiles for furniture it was never churning out a lot of profit but provided a distant living for it. people all of which is now gone no threats no warnings one evenin

government obtain people's private information from the internet companies. and am in the russian capital watching r t r marina joshua into the program lebanon has seized a large cache of weapons and ammunition aboard a ship was in its waters a cargo was said to be destined for the syria's opposition fighters rebels refused to lay down their arms as supporters accuse them of resorting to outright terrorism damascus was rocked by series of blasts this week the latest blow to the un back peace plan it taks of mostly targeted government forces and supporters this is syrian opposition continues calls for foreign military intervention as a convoy when our reports from damascus the public have little have a tide for outside interference. almost everyone in syria these days is in opposition to something ready to lash out at opponents at any moment and seventy six year old my feet mohammad is in opposition to that he says syrians are so worked up about politics that it's become difficult to make people smile but he found a way. i like dancing in the street and i like the reaction it produces in people i fee

private corporations. well we have many more stories that might catch our eye on our web site r t v dot com here's a taste of what's lined up for you right now. scandal in india this is leaked to the country's defense is a two week of time was spent three. hundred trucks but not her russian agent. chapman is getting close to a member of president obama's cabinet with more to come. for than three days of nonstop u.s. bobbins in south yemen has left at least forty three suspects but it's instead of washington intensified its support for yemeni government s trikes killed both insurgents and civilians trials of the american institute on yemeni studies these the u.s. is playing but are getting involved in yet another conflict where is the determination of who is a legitimate target or not. and you know just because you know this place is that quite a bit. is a military target how do you determine what you are. right i think you know the danger is that the united states will be drawn into a counterinsurgency operation i think that's where we're headed maybe no distinction between you know somebody who is a terr

private workout win dean appear place. it is expected the redskins will make multiple visits there and that they will take r g iii with the second pick in the draft in late air. >>> baseball news. you are looking at camden yards. baltimore's beautiful baseball stadium celebrating 20-year anniversary. camden yards was the first retro style park built in the '90s. it focused on every fan having a good view. by the way, nats field is also a retro ballpark. oh's taking on the twifnlts nick markakis carrying wood, traveling far, having a good time. solo shot. o's win 4-2. nats off today. they pick it up in chicago tomorrow j. what a tasty more sell this was going to be. master's with an improving tiger woods along with rory mcilroy & company. woods didn't play particularly well yesterday. he overcame it then faltered late. today woods starting well but he had been stuck instand since. literally. he got it to one under par, now he's plus two. rory mcilroy, three under, he's current your leader at five under. 1 1:35, master's recould. tomorrow coverage starts at 3:30. also on sunday as well. >>> from on life support to living, t

whenever we have told private companies like this case that they've got to take action for the public welfare, in this case because of charitable reasons 'r

r blumberg children's ere dedicated today. >> we wanted the rooms to be , spacious andy beautiful. we think part of healing involves beauty and aesthetics and comfort. >> it includes 550 private patient rooms, including an expanded pediatric intensive care unit, and 33 new operating rooms with state-of-the-art equipment, including surgical teleconferencing's greens. the entire place is equipped with the newest technology and is designed to accommodate new advances in medicine. >> it is designed to accommodate technological features that we probably cannot get it -- anticipate now, but we know will occur. one of the limitations in our old buildings was that they were designed a time when x-ray was considered state of the art. >> the building comes with a pricetag of $1.1 billion. one-third from their nations' like new york mayor michael bloomberg and the united roil and merits -- the united arab emirates royal family. >> we are going to have the best doctors, best nurses, best technology, and best facilities for all of this to take place within. >> as for the old building, that will be renovated and turned into research puts space and office space. more on the dedication cerem

we're seeing a lot of examples here here at r t we cover this whole issue of whistle blowing a lot particularly with bradley manning the you know the army private accused of blowing the whistle and sending hundreds of thousands of documents to wiki leaks and which has made these public document public made his documents public excuse me which one do you think is the most shocking. of the of the cases that were of what of the cases wow i think i mean i'm most familiar with thomas drake and with john kiriakou and i find both of them to have been brought in bad faith and overzealous use and very flimsy cases. in which multiple i mean upwards of between five and ten plea bargain offers you know were made early on in the case. which showed how weak the case turned out to be. it creaks was especially just because it turned out that nothing that the government claimed to have been classified was indeed classic but in fact it ticked off the floor or classifications are under george w. bush so much that he sued his former agency to make them and force. then this classification over the punishment for misclassifying stuff because of b. regis that informa

r pishevar. he's been putting a lot of money to work in a number of these private companies. your latest company, you put $20 million in there. is the exit strategy, shervin, to take that company public? >> i think travis and the uber team are here for decades. these guys are completely committed to their vision. this is a company that's going to be a defining company in the 21st century. we've also been lucky to invest in companies like fab.com. it started in june of 2011. that company is, again, one of the fastest growing companies i've ever seen. >> what do they do, fab.com? >> tens of millions of dollars, you know, already. so they're growing incredibly fast. >> what's the growth there? what -- tell me about fab.com and why it's growing so fast. >> fab.com is -- you know, our theory is around social commerce and the impact of actually having influence or people who know design, founders, jason and bradley. bradley was with design within reach. he's connected with one of the greatest -- some of the greatest network of designers out there, so he has a sense of kcure rags an

private. market trying to. find out what's really happening to the global economy with much stronger the no holds barred look at the global financial headlines tune into cars a report on r g. c good laboratory mukherjee was able to build the world's most sophisticated robot which on fortunately doesn't give a darn about anything since mission to teach the creation of life should care about humans in the world this is why you should care only on the r.-g. dot com. download the official g.o.p. cation. one called touch from the i choose option. life on the go. video on demand tease my old pals an r.s.s. feeds now in the palm of your. question on the dot com. welcome back here with our team washington will be trying to talk its allies in to raising one billion dollars a year to assist security forces and data stand at a crunch nato ministers summits that has kicked off today in brussels a meeting comes at a crucial time for the alliance with some members having recently announced an early pullout of troops from the violence ravaged country but the selfish interests of american parties are still of the terminating washington's policy their media benjamin co-founder of the an

r isolated from the rest of the world. >> will you be voting obama? >> i -- i'd rather keep that private still don't have you down as a romney or santorum girl? >> i'm definitely not one of those girls, definitely not, without a doubt, hands down. >> so it's either nothing or obama? >> oh, no. i'm going to vote. i think it's actually irresponsible to -- to not exercise your right to vote, so, yes, i probably most definitely will be voting on that side, but -- but, then again, it's not like i completely and totally agree with everything that goes on. i think there -- there is a lot of room for improvement, and i think that the more that we as citizens get behind issues that we care about and we vote on them and put pressure on our politicians, then -- >> you've been up there to d.c. >> i have, yeah. >> you've been meeting some of these guys. the view from outside of washington is they just don't get it. they don't get -- >> you know what they get. they get votes. they get that if you care about something and if that means that they will get re-elected and by voting on the side of the peop

and protect act also known as h r three five two three and one of the veil of doing things for cyber security purposes it would allow companies to collect and monitor privatecommunications and then share them with the government or anybody else here's a nightmare scenario the p.f.f.t. scribed a company like google facebook twitter or eighty could intercept your e-mails and text messages send copies to one another and to the government and modify those communications or prevent them from reaching their destination if it fits into their plan to stop cyber security threats so it really is scary as it sounds and what are the chances of stopping it well joining me to discuss it is trevor tim activist of the electronic frontier foundation kevin thanks so much for joining us tonight and so i just read that nightmare scenario that you organization that you put out there you say that's true but really i mean is this bill that bad. yes there are about six bills going through congress right now and the rogers bill which seems to be getting the most steam is probably the worst of the worst you know it purports to to stop or prevent or defend against cyber threats by a

because the private sector is not going to do it making enough money with the suvs. blank you we are not going to put r and d money in there the government says has to do it or nothing will get done. and you say. >> nothing will get done for all the cronies, buddies and donors of president obama because that's where the money is going. >> bill: write about the private sector not investing because they are making so much money now in the old way, why put it into the new way? >> well, the fact of the matter is that the private sector is investing. and the fact of the matter is, innovation occurs in this country in our factories, our manufacturing facilities. >> bill: you are not buying what he says? >> absolutely not. >> bill: he is just a communist? >> we will leave him at communist for this evening. if that's all right. >> bill: that's fine. lou dobbs, everybody. there you go. dumbest things of the week on deck. some good ones tonight. madonna and the oreo cookie company in the dumb zone. we'll be right back. >> bill: back of the book segment tongted. dumbest things of the week. here they are. you just

r t. well congress today set to debate a highly controversial cybersecurity bill known as sis but critics say the cyber intelligence sharing and protection act allows companies to give private customer information to the government and this includes the national security agency the f.b.i. and the department of homeland security and massachusetts congressman became worked up today over the proposed law. now let's talk about what this bill would do could companies share personal information about consumers with other companies even if information had nothing to do with cybersecurity yes would companies be free from liability if they share that personal information of every american you know could the government use personal information despoja on americans yes and while supporters say the legislation is needed to stop economic espionage the online community is outraged over what the bill could do to citizens online freedoms even the obama administration is now speaking out against it here's part of the official statement states quote without clear legal protections and independent oversight information sharing legislation will undermine the public's trust in the government as

because the private sector is not going to do it making enough money with the suvs. blank you we are not going to put rey in there the government says has to do it or nothing will get done. and you say. >> nothing will get done for all the cronies, buddies and donors of president obama because that's where the money is going. >> bill: write about the private sector not investing because they are making so much money now in the old way, why put it into the new way? >> well, the fact of the matter is that the private sector is investing. and the fact of the matter is, innovation occurs in this country in our factories, our manufacturing facilities. >> bill: you are not buying what he says? >> absolutely not. >> bill: he is just a communist? >> we will leave him at communist for this evening. if that's all right. >> bill: that's fine. lou dobbs, everybody. there you go. dumbest things of the week on deck. some good ones tonight. madonna and the oreo cookie company in the dumb zone. we'll be right back. ♪ it's tax time, and with the hundreds i saved on my car insurance with progressive, i'm out here, givin

collection of private data from wife by networks so she joins engineers say snooping was always the intention for those details also it on t.v. dot com. i know for a from the world update here on r t but for now going ballistic the rooftops of london homes could soon play host to a deadly deterrent the british ministry of defense is considering placing surface to air missiles on residential buildings during the upcoming olympic games officials say the rockets would be a last resort but residents are alarmed that they could become targets for terrorists investigative journalist paul last mob believes the drastic measures are meant to scare off potential attackers. there's a bit of psychological warfare going on here that they're i think they're letting anybody who is thinking all the terrorists know that these extensive preparations have been made it's all a bit james bond the idea that that you know the terrorists are going to send small aircraft over some of the same time sent a team of operatives to eliminate the ember you know the army on the top of that particular tile it all it's all pushing things quite a long white and it's all part of a mountain air of his theory i think

private data despite earlier backing a cyber security bill that would lead to just that. seemingly unfazed by a failed rocket launch north korea now reportedly developing a new long range weapon i know more about r t dot com. each year thousands of immigrants from mexico and latin america try to cross illegally into the u.s. american authorities have beefed up security along the border with mexico but it isn't stemming the flow of migrants as ramon reports the border has become a final destination for many. the wind blows through the rugged sonora desert in arizona helping shape its rocky valleys and spectacular peaks it's a treasure of the american southwest but this is also a frontier land where deadly conflict is under way. it's almost a mass disaster situation the disaster which dr headspaces is the growing number of unidentified bodies being found along arizona's southern desert bodies stacked high in a fight for space and perhaps even a proper burial one day becomes you have so much effort to determine why that person died it becomes an effort to sort out who's who were inside of the pima county cooler at the medical examiner's office which has a capacity to hold hundreds of bodies now thi

parking lot, and adjacent vacant property, the city, working with private partners, plans to construct over 400,000 square feet of commercial and r&d space, generating as many as 1,600 jobs. as muches -- as such, it is a critical piece in the master redevelopment plan for the area. this is supported by this lowell national historical park, the city of lowell and all local stake holders and has received all major state permits and local zoning allowances. because the enabling law for the lowell national historical park only provides for the park to receive additional land, it is not allowed to exchange land. this legislation would allow this mutually agreed upon exchange and i want to stress that this legislation will cost the taxpayers absolutely nothing. i thank chairman hastings and ranking member markey as well as chairman bishop and ranking member grijalva and the committee staff for working with me to advance this bill to the floor. it is my hope that my colleagues today will appreciate the importance of passing this legislation to create jobs, continue revitalizing this historic mill city and protect a key part of our indus

private sector. whether that is intelligence or dhs is unclear. you will see a lot of rd efforts, work-force training, how do we develop these efforts? there may be some efforts to try to put all five security under one leadership, be it at the white house or the department of homeland security. the critical structure of voluntary standard language, it will be difficult to see what happens. host: jessica herrera-flanigan, counsel at the house homeland security, thank you for your time and insight this morning. guest: thank you. host: a couple of other guests this morning. coming up in a couple of minutes, spencer hsu will join us for this bet -- our several part series recently about forensic errors in the united states. we will explain that and tell you about the impact around the country. david givens will be on later to talk about the bureau of federal land management, what they do and their work. here is an update from c-span radio. >> congressional committees are widening their investigations into alleged u.s. secret service scandals involving prostitutes in columbi

private sector in and give them all the money for public schools. it's very weird. but theamnt of mon tt he op a mingon stg. xa psclseto hlf biiodoarfoa veea cora.tse rrs, and the company that's got the computer program then gets all the money. >> so this is what you write. this is the part of education reform nobody told you about. you heard about accountability and choice. and innovation. but when no child left behind was passed 11 years ago, do you recall anybody mentioning that it would provide monster profits for the private business sector? me neither. the pushback against privatization isn't easy. we're now in a world in which decisions about public education involve not just parents and children and teachers, but also big prits or losses for the prive sect. chng e tests or e ttbksrhe arrsr eth resor acr erfid improve it? how do you not have companies creating the tests and creating some of these things? how else would it get done? >> actually, the obama administration is trying to work this out, but the problem now is you have 50 tests because each state wants to have their own test. the administration is trying to get everybody together and

private industry. now, in addition to the skilled i.t. work force, our nation also needs advancements in basic r&d. cyberthreats are constantly evolving and cybersecurity r&d must reflect a comprehensive effort that builds towards a more secure foundation in the short and long term. so this legislation requires relevant federal agencies to work with the national science and technology council to develop a national strategic plan for cybersecurity r&d that sets priorities based on risk assessments, focuses on transformational technologies and technology programs. it will build on infrastructure that we need to get the best ideas out of the lab and into the marketplace. and because people are perhaps the weakest link in many i.t. systems, the reerch strategy will include the social sciences to help us better understand how humans interact with technology. promoting public awareness of good computer hygiene can go a long way to protecting our systems. the dissemination of simple concepts, such as installing anti-virus software and not opening email from unknown sources can go a long way in reducing th

r&d institutions you work with doing? how are they acting warily -- actuarily doing? their are larger concentrations of alzheimer's. how are private institutions caring in the long term care business? >> i think we have seen some private failures where they have not adequately managed those risks. we have also seen some of the institutions understand the interactions with medicaid better. they are taking advantage of partnership opportunities. there is a 5% inflation risk to the beneficiary and they manage their plans sufficiently. there are people in the business and successful. if we get more examples like opm where there are more employers providing the gateway, they would have a much brighter future. when you look at the kinds of things and matter for making private insurance more successful and a bigger part of this -- i do not think private insurance is going to pay every dollar. we had to get every dollar we can from private insurance. the demands on the public sector are going to be enormous. there is a lot of ignorance about the need for this care in the line. they get whatever you can employer offered as part of the pack

private sector. whether that is intelligence-led or dhs-led that is still unclear. that is assuming house and senate will get together. you're seeing a lot of r. workforce training. how do we develop a cybersecurity workforce that is controversial. there are some efforts to try to put all cybersecurity under one leadership whether white house or homeland security that is still being debated. critical infrastructure voluntary language that will be hard to see. >> host: jessica her rare a a,-flanigan thanks for your time and insight this morning. >> guest: thank you, paul. >> the senate is coming in to debate whether to go forward on the violence against women act. at 2:00 eastern senators are scheduled to discuss going ahead with the resolution on nation labor relations law rule on union elections. violence against wn