that the sectors that are most favorable are technogy, materials, energy, consumer diretion and ihinkthose will behe maj ones. >> roone and technogy is your eertise area, anyy. >> i have strong background. i he 37 patents in technology, now 38. >> pl: i guess you know wha u're talking about. onour last visit wi us in mijuly of last year,you made a bullish ca which was follow by the financial crisis and big losses in the market which, unfortunately, incded your buy recommendatns. les have a quick look and see how they've done since then. won't be a pretty picture. the fancial sector e.t.f.s and technology select th down but not bad on tech. are you still with these? with te. >> paul: oy, all right. and then broadcom up 4.1%. that's a trmph. are you still with it? >> yes. >> paul: a intel, you like intel. natial siconductor down badly, prosharesltradown. are you still with tho? >> ihink they'll ke recories in this bull market. >> pl: they're on the mend now. >> right. >> pl: do you have new remmendations? >> rht, i do. the first recommendation ithe chnology sector. >>aul: x.l.m. which f

managing this biggest procs was replicating or duplicating something so we start by inventing a technogy that did that. we mov that up and ved that up and now we'reoving a little bit aw from the equipmenside -- equipment is very impornt -- andxpanding it to t services sid >> do u think that you are going to have t do some more acquisitions to round out the stratec plan? >> this is aig acquisition so we have to make su we nage r excess cash carefully, pay down debt first -- that is the most important thing, butfter we do that, whic we think we wi be able to do in a reasonable amount of timethen 're back into acquisitions again, smalle ones that fit into the p.o. space and fit in distribution. >> xerox stock soldn today's news. what do u think you need to do to get investors on board with wh you are doing? >> communication, communication, commication. it's aut clarity and havg them underand the message -- by the way, i have been doing it all day, my team has been doi it as well we didn't pect a reaction on the stock -- most deals ha a downrd pressure on the stock. thiseal in size -- 's kin

to show thatunder no cirmstance will theslamic republic let itsuclear activity in various fids of technogy be stopped for evenone moment. >> this week's talk, as you might imagine, a topping number one on iran's television which aoreported that an's parliament warned u. against additional pessure just tw days aw from that key meetin in geva. >> as the debate over how iran intendto use nriched uranium continue there is another debate. is iran building a warhead for a missile at can carry a nuclear charge in "the w york times" reports a disagreeme between the united states and its key alies on wther iran is in fact designing a warhead. it's the american inteigence assessments that are kaush poups acrding to thetime, americ officials id that iran halted warhd design efforts 2003, a concluon they reached after penetrating ir's computer networks and gaining access to internal governme communications disagreeing withhe americans israeli intelligence officials say they believe that iran restarted design wrk in 2005 under the ordrs of ayatollah khamenei. the case is flimsynd circumstanti and that

thirsty engines will have to play a big par >> we've got to demonstratehat we will invest in new technogy. we wil invest in rearch. weill play ourart. >> although r travel produces less than 2% of their commsions now the number of flights i climbing and there is a sgestion the industry uld produce quarter o emissions in the developed world by 2015. the airlines say tat emissions will notevel off until 2020, but the nw pledges to cut drastically after that, down by 50% by 2015. today's uned nations is really all abt pressure on big polluters to make dramatic concessions. that puts bo the american and e chinese presidentirmly in the spotlight. tether, their countries are responsible for 40% of all global emissions. so all eyes on china's president as he arrid. unt n, the leader of the world's largest population has refud binding pledg, blaming the ch west for historic pollution, but the chinese to worry about climatehange, espeally now ey have ovtaken america as tal polluter. the stagging pace of china' industrialation means eir emissions ll keep rising, but now, they are talking about limi

and right now the only technogy we have four mobility is a motor vehicle. spec where is the growth of? >> the growth is in china, number one. india number two. brazil and russia also. indonesia, really throughout asia, largely throughout asia. in america, we have one car per person. we're going to be replacing our cars. that is a big question that what i'm going to replace our cars with. are going to replace them with the 20-mile per gallon suv that we already own or something ally novel. >> is the american dream and the american car dream gone in your view of? >> i think that the dinosaur vehicles and that we drive should be gone. i think mobility is not gone. we will want to be as mobile as ever. will have to think of far more creative ways to be mobile and cars that get 80 or 100 miles per hour using our blackberries to hook us up with automatic car share services, using paratransit to pick us up where we have to go. we have already started telecommuting, not always coming. when i wrote this book with advanced berling, i think that we ended up getting to

i'm proud that country rael is the refront of many of these advances, science and technogy and medicine and biology and agriculture and water and eney and the environment. these novations and my country and my of your countries offer manity mutual of unimagined promise. but if the most fanatism can acire the most deadl weapons, the rch ofistory could be reversed for a time. and like t belated victory over the nazis will prevail after blood and fortu has been exacted from mankind. this is why the greatest threat facing the world today is the marriage betweeneligious fundamentalism a the weapo of mass dtruction. e most urgt challenge facg is bod today is to prevent the tants of tean from acquiring nuclear weapons. are the members ofnited nation up to that challen. ll the inteational community confnt a despotism that terrorists its own people as they brave stand up for freem. will itake action against the dictats who stole a election inroad ylight and then nned down iranian protesters who ed in theidewalks on the street choking in their own blood with the intercommunity ward the world's mo

some of the more cosy things of running a busess are making sure that youave the latest technogies and the latest programs. you do get some tax eaks, like deductionfor equipment, mileage, bas necessities, that you need to perform your business tasks on a dly basis. faison: while you can claim tax deductions for your business expenses, you also have to keep caful records for the s. the governnt expects you to pay youtaxes as you earn your income. if you work r a company, your taxes are usually witeld from your payche. sa thing with social security and medicare -- that item called "fica" on your pay stub. and ifou have a medical pl at work, your portion of e premium is also withhe. but if youe self-employed, like tim you get to eoy the freedom to makyour own hours and be your own boss. but when y get paid for your wk, there's ually nothing withheld. you ha to take care of allhat yourself. bouchard: a t of people think yoget a check for $1,000, and you carun to the mall and y whatever you want. but a lot of that money shoulde saved for taxes, fohealth insurance, fobusiness costs. if you d

all right, now, just want to remind you, this all cuttingdge, topecret technogy.have this thing here, you guys derstand? [ laughter ] did you ever see the movie "war games"? >> ye. >> jimmy: you did? >> yeah. >> jimmy: great, right? >> yeah. [ laughter ] >> jimmy: hey -- [ laughter ] let's get started. everyone sit on yourilver think-o-stool. [ laughter ] and get inour st tnking position. okay. [ laughter ] the word you'll be thinking about tonight, moccasin. moccasin. [ laughter ] mocsins, of course, are the soft, leather shoes popularized by native americans along with l.l. beanhoppers looking for a last-minute christmas gifthat reques little ney aneven less thought. [ laughter ] audience, we'll need your help. you job is to chant "think, think, think," along with me, as quietly as you can. okay? everyone ready? all right, let's do this. 15 seconds on e clk. clear your minds. ready? set. think. [ clock ticking ] [ jimmy anaudience chanting together ] think, think, think, think, think. thereou go. think, think. that's good. think, think, think. oh, that's good. [

supporting science, technogy, and improved economic performance d financial literacy in the 21st centuoing support o these institutio and undations. and... this program was made poible the corporation for public broadcasting. and by contributio to your pbs station from viewers like yo thank you. captioning sponsoreby macneil/lehrer prodtions capatonygbh edccesiagrp at wh ccess.wgbh.org c

and by the alfred sloan foundation supporting science, technogy, and improvedconomic performance and financia literacy in e 21st century. and with the ongoing suppo of these institions and foundaons. and... this proam was made possible by theorporation for publicroadcasting. and by contribions to your pbs statiofrom viewers like you. thank you. >> woodruff: presint obama today scrapped the bush ministration's plan for a missile shield in eaern europe. he said it no longer matchedhe nature of the reat. newshour correspondentpencer michels has oulead story report. >>eporter: the announcement came this morning from president ama at thwhite house. >> president bush was rit that an's ballistic missile program poses a significant threat. this new proach will provide capabilities sooner, build on provenystems, and offer greater defenses against the threatof missile attack than the 2007 european missile fense program. >> reporter: at the pentagon defens secrary gates said new intelligce showed iran is developing short and medium-range missileaster than expected so the dense system has to cha

charlie: it's the most exciting time in theistory of telecom but of digital technogy. >> i think s i'vebin the industry a long time. and e generatns, the speed with which we're going fro 3g to 4g, we've beenehind the law. now all audden we're movg at the speed we're hitting that inflecon point. t only wiless devices ubiquitous in t world what i was descring earlier no just the phone. almost everythinis going to be connected wirelessly. so -- charlie: only apply to micro proser >> traditionally in the tech industry it's term thrown around. actually applies to a lot ke fiber optics ty reay developed athe speed of morse'slaw as to terms of how muchapacity in a fiber. it was doubling ever18 nths. the biggest impedent to mobile growths you got processors lot faster, screens are gettin sharper, they usmore and more power and batterytechnology is nomoving very fast. lithium ion batteries hit the market in ' not a lot better. incrementally bette but mobe depes upon batteries. even these here deces i've been describinhave to be powered. that's t one brethrough that the indury needs. it needs bat

uganda and othenon- permanent membe, they said you know, the developing wor needs nuclear energy technogy. anthe nuclear powers agree that sometng has to be done to share that thnology, that civilian energy use much mo brdly with the rest of the world, with internatial safeguards. >> woodruff: margaret, so looking back at thishole week, what --whatould you say that the united states has achied, has accomplish here? >> warneri'd say in two areas. one was getting thisesolution today and the other s yesterday, gettinpresident medvedev of rsia to say publicly that he would consider sanions against ira the u.s. ce into this week wanting come up with a united front, as it and russia an ina and german and france an britainead into this crucial october 1 meeting with the iranians. and so, apparent, president medvedev into to the meeti, someone there saihe came essentily, ready to play. he s ready to talk about the whole iran issue. and he did expres as he has fore to president obama, tha he sees a threat om both their weapons develoent and their msile development. and, thoughbama advisers insist

degree in mathematics from the georgia institute of technogy and he also holds an na a statistics and ph.d. in econicfrom uc-berkeley. so let's pleased a warm commonwealth club welcome to professor robert frank. [applause] >> thank y very much. >> thank you, joe, and to the commonwealth club for inviting me. i am a regular listener to the commonwealth club lecres. we hear them and if the cut new york. they've been great over the years and i @m honored to be in your company i'm going to start by making a prediction you of course don't need warning frol me to be skeptical of prictions made by economists that haven't turned out well over the yearr. i will predict if you ask economists, professional economists who is the intellectual father of their discipline you would get 998 out of 1,000 responding adam smith. that is the clear consensus i think among my contemporaries, and smith's modern disciples would ci his celebrated invisible hand idea. the idea that if you turn selfish people loose in the marketplace and tell them seek your owndvantage, chaka and border with one another, the end

supporting science, technogy, and improvedconomic performce and financial teracy in the 21st century.d, this ogram was made psible by the corporation for public broadcastin and by contbutions to your pbs station from viewers likeou. thank you. captioning sponsor by macneil/lehr productions captioned by media access group at wgb access.wgbh.or

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i have a piece in the book about speed of lit and the speed the technogy drives rapid decision making. the clich assessments that have to be done. we grew up with a planning process. we kw how to decide on course of action. and n you have to do it -- my son is a mine captain that doesn't happen now and if you are a general in command of a large organization it is even worse because you can't stu it and process it and do all the bureaucratic things used to be able to do before. you have to have a streamlined unit and the immediate so things like that didn't necessarily change the principle but it changed the way in the style you have to do things. >> host: thank you. that makes meetter. >> guest: you don't have to change the way that you lead, julius. >> hos i've been told that you and genera gordon sullivan and former chief of staff and i might add pretty good friends work with mike schuler and his army's strategic leadership program. my questions how important is such a program particularly at that level? >> guest: when pete skill cker at the time had asked me to participate in to th

so we are in process of i think elevating the importance of math, science, technogy and engineering. i think that the state believes in the importance of this for the state economy, as well as the national economy. and i think this is bringing it right up into the headlines in the front page of the globe. so that is all good things. but we have to figure out how do we educate the educators and providing the background they need to educate the students. so why should we be concerned and higher education? well, as i said, we have to worry about the pipeline. and that means that we have to figure out how to help with the education of the students and the attraction of underrepresented groups. and again, we are concerned in elevating the profession of engineering so we would like to increase technical literacy for all of our k-12. but there is some indirect benefits that haven't been discussed too much. first of all, what we have found at tuft is being active in k-12 actually engages and retained students in college. the underrepresented groups are disproportionately represented. we have

. >> another trendn technogy, health and fitness. >> yeah, this is one i'm really excited about.ed the nano has a pedometer. this is from gowhere fit. it's got two sensors, an accelerometers, it measures body temperature, the heat flux going on in your muscles. it uses all that information to allow you to set goals and monitor them on the web so you can see your progress, how many calories you've burned, how many steps u've taken. >> omar, thanks a lot. now up to the kitchen and matt. >>> al, thank you very much. one of the hottest trends in fall food. angela milten is a restaurant editor at "bon appetit" magazine. andrew, good to see you. people go to the market and say they want to buy fresh, seasonal food. you say this is the darling of the farmers' market. >> this is it. apparently pop epopeye had it a wrong, tuscan kale. kale is for people who think they don't like kale. it's not as bitter as the curly stuff here. and it's super versatile. >> and super healthy. you just look at this. >> loaded with vitamin a. >> good for pasta a things like that. let's talk about alternative

way to make sure that we provide assistance that effectively helps to increase the availility of technogyfor the purpose of forming. and i think that we started a good conversation while we were there. [inaudible] >> the civilian surge in helmand. when the truth when anarli this sulmer, the talk of putting vilians, and a range of a couple handful initially and to be built up to a couple dozen by around a. can you tell us hoany you have in place and which were trajectory is on that? >> well, h haven't -- >> and what they are doing as well. >> i haven't checked the numbers in the got back today. we are adding people on a daily basis. we are ahead of the schedule that we committed to in march, which was to get to roughly 1000 by next march. and the challenge is going to be, we think we are going to get there the end of the year, but it is not the end of the year the very beginning of the year. the challenge is getting the right people in the right place at the right time. and we have to, we are done by will on the initial deployment in people with t right skills to. and we have to keep on no