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this is people who captured the state and the intellectual rall missile but is not that of the left as site thomas jefferson but i would stress for the modern thinkers how much we john johnston cord university chicago professor in the free market school who was worried about regulating capture and absolutely right to worry about that. but what we see is state captured. he got a prize for this work. it's take that further and think about the state being taken over and twisted to the end of your particular interest group. how did we get here? how did we find ourselves in this awkward on a pleasant secretion? the answer is pretty simple. i mean i know there are many dimensions to what happened prior and we go through that in the book and there are many pieces that can together for the nature of the crisis but we need to go back further to add least 1980 and into the 70's and look to the nature of the regulation in this country. some form started under president carter and impetus under reagan and it's a big part of reagan revolution. some parts for sensible and some parts i would not wan

first fall in the pragmatic rall extremes are ultimately you're own sides worst enemy and the overreach and provoke the broadbased backlash. th are concerned because there is a cost, there is a cost of this and win armey for house majority leader who's been a promoter of the tea party movement is quoted to a major rally prosperous saying nearly every important office in washington, d.c. is occupied by someone with an aggressive dislike the freedom from the history and the constitution, when you start up, when you're stealing a page and year in high partisanship you are playing with forces out of control. >> there's a movement going on in america so they put on a reported few weeks ago saying there had been a 300% increase in militia groups in the united states in the first year of obama. it's what i call the hatred groups, people believe it's patriotic to hate the president and government. one of the ideas and i interview folks from these groups, they believe they are defending the constitution, they are defending the constitution against enemies foreign and domestic and many of them be

little bit of the rulemaking power enforcement power that you kind of see it taking more of an ftc like rall having kind of enforcement power but not as much rulemaking power. how do you -- >> guest: i don't think it's taking the teeth away. but clearly isn't the intent. they think it's using the power of government in a smarter way as possible while attempting to achieve the objective of having innovation, quick innovation in the space, the development of lots of new products and services and having a quick moving markets. so if you have those things come you can't have a cumbersome tottori process. you need an agile regulatory process. and so i think what we're seeing is the fcc should set up guidelines or maybe the congress should instead you, but somewhere we need is both laid out, the guidelines laid out, test for government intervention as i alluded to and then start moving on the things quickly. i would say to you that if you have a process where it takes years to get an answer fogs down in the courts, which is what is right in our industry right now, that's not a good answer or anybo

but now the land is like a rall red wound, red dust fills your nostrils, the water is fred claire is read, the people are red, their lungs and their hair or raid. all-day and all-night the tracks rumble through their villages, bumper-to-bumper, thousands and thousands of trucks taking all to the port from where it will go to china. there it will turn into cars and smoke and certain cities that spring up overnight. to a growth rate that leaves economists breathless, into weapons to make war. everyone is asleep except for the centuries who take one and half hour shifts. finally i could look at the stars. when i was a child growing up on the banks of the miniature river i used to think of the crickets -- i used to think that the sound of the crickets, which always started up at twilight, was the sound of the stars roughing up, getting ready to shine. i am surprised at how much love being here. there is no where else in the world that i would rather be. who should i be to night? conrad under the stars. maybe dee dee will come tomorrow. they arrive in the early afternoon. i can see them f

the keeping and attending for these rall use.ve broad implications little like to the israeli security but the entire regional security and the very considerable world order. the purpose of my meetings with secretary gates and the administration officials is to provide the response to all of the challenges and threats and therefore stress the strengthening idea right to express my sincere gratitude towards congress and president obama for american support for the state of israel. thank you. >> my question to both of you, secretary gates, do you think that the united states has adequate planning, forethought and strategies in place to deal with the prospect of the nuclear iran and the prime minister are you satisfied with the current approach to that threat or should it move toward more active consideration of a military strategy? >> andres satisfied with the planning process both within this building and the inter agency. we spend a lot of time on the iran and we will continue to do so. >> i think the effort of the iranians to tu

we are not talking about traditional advertising by the way we are talking about by rall advertisingand the environment and interactive gaming and after cars and things that are not what you traditionally think about as advertising. and recent research has found teenagers can be quite susceptible to this advertising and not necessarily aware of all of this and they don't know what is being done behind the scenes. >> thank you very much, mr. chairman. >> senator rockefeller, could i make a brief comment, please? >> i want to apologize if i gave the impression that microsoft doesn't want the government involvement and we want to do this on our own. it is not the case. we've been supportive of them all to us to approach of online not just for kids but all consumers including support for comprehensive federal legislation which we think is essential. since the self regulation play a role in the best practices we can play a role in education, regulation and enforcement as well and we are very supportive of all of that. >> thank you, mr. chairman. >> senator record. >> thank you for a much

we are not talking about traditional advertising by the way we are talking about by rall advertisingnvironment and interactive gaming and after cars and things that are not what you traditionally think about as advertising. and recent research has found teenagers can be quite susceptible to this advertising and not necessarily aware of all of this and they don't know what is being done behind the scenes. >> thank you very much, mr. chairman. >> senator rockefeller, could i make a brief comment, please? >> i want to apologize if i gave the impression that microsoft doesn't want the government involvement and we want to do this on our own. it is not the case. we've been supportive of them all to us to approach of online not just for kids but all consumers including support for comprehensive federal legislation which we think is essential. since the self regulation play a role in the best practices we can play a role in education, regulation and enforcement as well and we are very supportive of all of that. >> thank you, mr. chairman. >> senator record. >> thank you for a much and this

we are not talking about traditional advertising by the way we are talking about by rall advertisingd the environment and interactive gaming and after cars and things that are not what you traditionally think about as advertising. and recent research has found teenagers can be quite susceptible to this advertising and not necessarily aware of all of this and they don't know what is being done behind the scenes. >> thank you very much, mr. chairman. >> senator rockefeller, could i make a brief comment, please? >> i want to apologize if i gave the impression that microsoft doesn't want the government involvement and we want to do this on our own. it is not the case. we've been supportive of them all to us to approach of online not just for kids but all consumers including support for comprehensive federal legislation which we think is essential. since the self regulation play a role in the best practices we can play a role in education, regulation and enforcement as well and we are very supportive of all of that. >> thank you, mr. chairman. >> senator record. >> thank you for a much an