when we come back, fred wilson venture capitalist who financed witter explains himself in more than 140 characters. ♪ >> our guest tonight is a blogger and successful venture capitalist, a member of the technorati, a mediocre rummy player and a new york knicks fan. fred wilson, thank you for coming on our show. if our to talk about technology trends that intersect with public policy let's start with the one on everyone's mind the interview, cyber security, economic espionage. what do you make of what just happened, and what do american companies have to do to keep it from happening again? >> they have to harden their systems. sony was a porous rock they could get into no problem. they have to harden their systems. this is what everybody is going to be doing to everybody going forward. we just have to be prepared for it. and you have to harden your systems so it is hard to do it to you. >> are your systems sufficiently hardened at this point? >> very hardened. >> are we getting a glimpse of the future? the movie stream $15 million. >> i heard $18 million. >> and you have it in theaters a

breaking news that kron 4 got time or in a confined as on phase book or to sweater face book or t witterr: the worst rain as it the best bay area in the long time and apparently some of the worst drivers have hit the bay area all so i'll explain in people behaving badly ♪ ♪ my baby drove up in a brand new cadillac. ♪ ♪ my baby drove up in a brand new cadillac. ♪ ♪ look here, daddy, i'm never coming back... ♪ discover the new spirit of cadillac and the best offers of the season. lease this 2015 standard collection ats for around $329 a month. [chris]still smoking up a storm? [tom]yeah.pathetic,isn't it? [chris] ever try to... [tom] quit?of course! my best time was six days. the worst was ...uh...23.4 seconds. [chris] so can i ask you... [chris & tom] why are you still smoking? [tom] [sarcastic] "it's so much fun." [chris]why not call the smokers' helpline? the program's free,and... [tom]and they'll tell me..."you oughta quit." [chris] not so. just tell them you're ready to quit. then,they'll tell you how. [tom] really? you wouldn't have that number on you,would you? >> reporter: its seeme

page --witter we are talking about the american dream. on our line for democrats, joseph is waiting in pennsylvania. caller: good morning. we have tohat believe this american dream is going to get better. we have to change with the times. as highwhat's known costs. if we want to survive, we have to pay those prices. i came up in the 1950's when things were really cheap. strenuous --r more they are for more strenuous -- far more strenuous than they were then. host: what is making it harder now? the policies in washington, something beyond the politics making things harder than in the 1950's? plays a partial role. you have a lot of programs being shut down due to whatever reason , which makes it harder for youth to attain government money for medicare, schools. you see a lot of the schools shutting down. corporationslarge that were here long time ago are gone. we are buying stuff from out of the country. if we as a consumer want to survive, to pay for a house that may be used to cost $25,000 but now costs $200,000, we have to work two jobs

competitive with nuclear energy or is nuclear going to be one of those resources that we allow to witter the vine with perhaps tragic consequences for our ability to meet our climate change goals? i think would be useful if we can get some insights into really how far along the path toward commercialization around the world, not just in the united states, but we heard an excellent presentation from julio but how far away is ccs technology and some other markets and if ccs is far away, are there opportunities for using conventional advance coal, such as super critical and ultrasuper critical technology to replace the older generation of technologies that most of us are using? so, without further ado let us turn to our speaker and we will start with lass low with some opening remarks. >> thank you very much, mr. chairman. ladies and gentlemen, which launch the new coal market look of the agency of monday afternoon and tuesday morning, the first thing i did, i jumped on a men to fly here and share with you. so, i'm very glad for the perfect timing on this compromise. i should emphasize that

. >> let's go to greg with a witter question. >> will you support drug testing for welfare recipients? senator land rue first. >> i have voted -- i think, for drug testing. but you might want to ask for drug testing for people who have special contracts or for other people that get special benefits from the government. i just don't think that picking on welfare the population of welfare is right and is appropriate. so if other people that get special tax breaks from the government or other subdisfrom the got want to also be drug tested i think that would be fine. but beating up on the poor is not going to solve the problems of our country. educating people, giving them access to higher education, working for jobs for the middle class. and this beating up on the poor and blaming them for the problems of the world are really it's not right. i guess my catholic faith just really comes out. it's just not right. >> how exactly would it be beating up on the poor? because most people have to get a drug test before they get a job and that would be their source of income. >> i didn't say i wou

only witter -- sony has itself to blame for what they said in the emails and allowing hacking. the front page of the post" this morning -- north korea uncovers hollywood's hidden truth. the truth of the sony interview all films are t political. we aggressively sent to the especially rkets -- in asia -- and account for around 70% of the movie industry's profits. that the -- o say the point was inadvertently proves with perhaps the most of vocative kernel information that emerged during the disorienting past few days. in the middle of this world, the "daily beast" revealed the sony tions between entertainment chief executive who the state department, told him that the potential of actually moving the needle and north korea. bruce bennett l, wrote to lynton -- i have been clear that the assassination -- i believe that a story that talks about the removal of the kim family regime, and the creation of a new government by the north korean people, will start some real thinking in korea and, i believe, in north once the dvd leaks to the north. which it almost certainly well. and respon