not just rupert murdoch, the media. once you are in the ratings business, do are about market share, determining who is in the market, figuring out how the market to them, and in my humble opinion that distorts the news in ways that are frightening and dangerous. we have only scratched the surface of what that means for the democratic process. it has deteriorated and has enormous, real life, on the ground implications that we have not begun to scratch the surface of. >> you feel that there should be some kind of government regulation of media? >> you did not ask me that question. you asked whether the government should help to finance the media. i said that anything taken out of commercial business that allows us to market the news and engaged in a process that blurs entertainment with fact gathering, that is a frightening thing to me. if the government can step in in the name of the people and take that commercial aspect out of it so that american people in the context of free and open democracy can have an unencumbere

i was talking to rupert murdoch about that very thing. >> larry: and he owns a few of them. >> he saido me, today's newspapers are tomorrow's fish and chips wrappers, you know. and he is right. >> larry: of course gone today, gone tomorrow. >> do you remember what it said? we're into information overload these days and who cares, really. who cares. because you feel personally about it doesn't mean that anyone else . it's just a bit of nothing really. it's fluff. >> larry: mel gibson is the guest. "conspiracy theory" is the film. it's a hoot. we'll be right back. it doesn't look risky. i mean, phil, does this look risky to you? nancy? fred? no. well it is. in a high-risk area, there's a 1-in-4 chance homes like us will flood. i'm glad i got flood insurance. fred, you should look into it. i'm a risk-taker. [ female announcer ] only flood insurance covers floods. visit floodsmart.gov/risk to learn your risk. while i was building my friendships, my family, while i was building my life, my high cholesterol was contributing to plaque buildup in my arteries. that's why my doctor prescribed cr

think, i just have to go, observation, and just toss it over the back because -- i was talking to rupert murdochut that very thing. and he -- >> larry: and he owns a few of them. >> yeah. he said to me, all right, he said, today's newspapers are tomorrow's fish and chips wrappers. and he's right. >> larry: of course gone today, gone tomorrow. people don't remember what it said. >> we're in information overload these days. who cares? really, who cares? because you feel personally about it doesn't mean anyone else does. it's a bit of nothing. it's fluff. >> larry: mel gibson is the guest. "conspiracy theory" is the film. it's a hoot. we'll be right back. presenting the cadillac "summer's best" sales event. a fantastic opportunity to get a great offer on an all new cadillac srx luxury collection crossover... ..with a bose premium sound system. and an ultra-view sunroof designed to let more summer time in. summer brings out the best in all of us, so now's the perfect time to get behind the wheel of a new cadillac. hurry in for great lease or purchase offers on an all new srx during cadillac's summer

i was talking to rupert murdoch about that very thing. >> larry: and he owns a few of them. >> yeah. said to me, all right, he said. today's newspapers are tomorrow's fish and chips wrappers. and he's right. >> larry: of course gone today, gone tomorrow. people don't remember what it said. >> we're in information overload these days. who cares? because you feel personally about it doesn't mean anyone else does. it's a bit of nothing. it's fluff. >> larry: mel gibson is the guest. "conspiracy theory" is the film. it's a hoot. we'll be right back. you may be missing some of the protection you need for a healthy mouth. with crest pro-health toothpastes, you don't need to make that trade-off. [ sela ] crest pro-health is the first and only leading toothpaste to protect against sensitivity and all these areas dentists check most. and with crest pro-health sensitive shield, you get a smoother formula. sensitivity protection and more for a healthy mouth. new crest pro-health sensitive shield. and i'm actual agent larissa buerano. larissa can tell you how you can get discounts of up to 40%.

i was talking to rupert murdoch about that very thing. >> larry: and he owns a few of them. >> he saidre tomorrow's fish and chips wrappers, you know. and he is right. >> larry: of course gone today, gone tomorrow. >> do you remember what it said? we're into information overload these days and who cares, really. who cares. because you feel personally about it doesn't mean that anyone else does. it's just a bit of nothing really. it's fluff. >> larry: mel gibson is the guest. "conspiracy theory" is the film. it's a hoot. we'll be right back. ever seen anything like it? me neither. it's new beneful incredibites. uh-huh! it's just the way you like it-- made with wholesome grains, real beef, even carrots and peas. you love the smaller-size, easy-to-chew kibbles, and i love the carbohydrates for energy and protein for muscles. whoa! wait for me! ha-ha. you only think you're getting spoiled. [ woman announcing ] new beneful incredibites. another healthful, flavorful beneful. to get your best night's sleep every night. why not talk to someone who's sleeping on the most highly recommended bed

i'm listening to the previous callers, and my concern is that, you know, with the fox news, rupert murdochhis australian wanting to take over american politics, so to speak, i find it in testing that is mostly the midwest appears -- find it interesting that is mostly the midwest -- what about just an american caucus, instead of the tea party, with the idea of the earlyea like revolutionaries? the bottom line is that we need to have statesmanship, like jefferson and adams that people who stand for america, not just these fringe groups on either side. we just need to get down and take care of the country. this idea of "we want to take over the house and senate," why don't you just want to take over america and do what is right for citizens of this country, no matter where they came from or what they did or anything else? we really need to get down to stop the name-calling and stop making liberals out like a dirty word and conservative or whenever -- or whatever. we don't need these fringe groups. they have made sarah palin into a rock star. it is ridiculous. host: "the washington post" this