Skip to main content

tv   The Gavin Newsom Show  Current  June 29, 2012 8:00pm-9:00pm PDT

8:00 pm
you for speeding and give you unbelievable fines flu those penalties. natalie plumber we love. >> hello, thanks for joining us. this week, we are featuring remarkable innovators. he's not just showing up chrysler motors brands new sedan, also the first successful launch of a spacecraft into space and back to earth. another true visionary peter went to harvard medical school, then m.i.t., expecting to help populate outer space. he went on to launch a non-profit the x prize.
8:01 pm
a competition to fund private space projects and other scientific breakthroughs. finally, a fresh perspective on cars. we have a wonderful look at key innovations in the auto industry and how they've impacted our lives. first, the founder of pay pal c.e.o. space x and tessla motors. the tessla sedan. zero to 16 in about six seconds which is pretty fast. the performance vision is 4.4 seconds. faster than a porsche. >> all touch screen. >> full screen, as well. it has google maps. >> radio luwanda. wow, you're not kidding. [ laughter ].
8:02 pm
i could listen to this all day. >> nirvana? and typical charge takes how long to fully recharge a battery? >> with the super charger, you can recharge in less than an hour. at least that's been traditional in electric cars. the range here for the standard model s is what? >> the three you range is 160 miles, turn 80 miles. >> is this the whole interview by the way? [ laughter ] >> ok. all right. >> thanks for coming on the show. the future of electric cars, i mean is it pushing the envelope of imagination and focusing on design and technology that's going to be the key to scale
8:03 pm
electric vehicles in this country and around the world? >> tesla and other car companies need to make great electric cars comparable to gasoline cars and then they will sell. it's hard to do that, but that's what needs to be done. with the model s., it's kind of a mid-prized, mid-volume car and then we have an extension of that platform, which is model x that's our s.u.v. that will come out in a couple years and then the big one after that will be high volume, lower priced car around $30,000. >> all of these are being produced in california in the united states. >> yeah. >> by definition. this is all american jobs and american ingenuity. >> yes, we are doing the manufacturing. i showed the video of the coils
8:04 pm
of aluminum and plastic coming in and cars coming out. it's not like we're just stick ago few together. >> what do you think is the future of electric vehicles? are we going to be a hybrid nation? as you said, there's not a lot of choices on the electric front. chef volt's got its issues and the toyota rav4 which uses technology. where do you see the future and an extension of that question or consideration, is it the battery that's the greatest limiting force in terms of larger commercialization? >> the battery is the largest single contributor. the battery tests the energy bank and depending how efficient the motor is and drag coefficient, basic the uses of energy will set the range. the model s what the lowest drag coefficient of any premier sedan, may be lower than any car. we're going to calibrate it in
8:05 pm
the wind tunnels, but it's got a really low drag coefficient. model s., we are aiming to have the safest car of any vehicle. the crumples on the front is three times longer, there's no big engine block there. that is good if you have a head on collision. we have the lowest side pull intrusion. we have this ultra strong exscrewings that runs along the side. we have double the roof crush capability of any car. a car can handle four times its own weight on its roof. >> if you were advice be the big three auto manufactures, g.m., ford and others, stay the course on electric? >> absolutely. if they don't they'll lose market share dramatically. >> hybrids are half and half, not good enough. >> i think like a mild hybrid
8:06 pm
where it's dealing with the stop-start, the current version of the prius is fine. that does have an efficiency improvement. the hybrid is not the way, like the volt. any direction toward electric vehicles but if you go purely electrical, purely gasoline, you're able to make the best gasoline car the best electric car. if you split the baby, it ends up not being as good. >> when we come back, how he plans to go to mars. where your vote is worth just as much as donald trump's. we must save the country. it starts with you.
8:07 pm
8:08 pm
8:09 pm
it's go time! >>every weeknight cenk uygur calls out the mainstream media. >>the guys in the middle-class the guys at the lower-end got screwed again! i think you know which one we're talking about. >>overwhelming majority of the county says: "tax the rich don't go to war." i just wanted to clarify. >> the spacecraft launch isn't from surface. it's a new generation of spaces proceduration and travel, private enterprise. at the forefront is space x founded 12 years ago with his own $100 million personal investment. just this spring, his first spacecraft the dragon made it into orbit with a perfect recovery at the end of may.
8:10 pm
they aren't competing with nasa. nasa awarded several multi-million dollars contracts to them so far. a public-private partnership. >> x-rays x is going gaining busters now just had a successful launch which was the first commercial craft to go up to orbit and actually make its way down here in the pacific ocean. what's your sense of where you are and your concern growing this company? >> space x is doing really well. we were able to go to the space station and back again. it was great expectations, now we're going to do a bunch more missions like that. we'll be launching satellites, mapping that kind of thing. and probably three years or so, we'll be launching astronauts to the space station and take the russians, in the meantime, the russians are transporting
8:11 pm
american astronauts. >> last year, the space shuttle was shuttered, last summer. that ended from america's perspective, our dominance. we don't have the capacity outside of your prospects and others in your field to even send folks to the space station. we have to use russian technology. >> that's right, yeah. >> so now nasa's looking to the private sector this is the next era of spaces proceduration and cargo and astronaut travel and the like. you have contracted with nasa for what, 12 cargo runs. >> we have 12 missions ahead you. >> and they invested a huge amount of time, energy and money and to your capacity privately to do what the government, federal government, american government, nasa has been doing for generation. >> it's a huge precedent. nasa has done the operation under kind of a government model and private sector for the first time. and we're fortunate enough that
8:12 pm
nasa picked us. i give credit to nasa, because we wouldn't have been able to start without the work they've done. >> this was decades in the making, right? >> yeah, you didn't come out of a background, you didn't come out of nasa. from pay pal and the internet to changing the way we look at consumption and production of energy and transportation solar and now space. what's the natural connection? what was the inspiration 10 years ago or so to start space x? >> i got disappointed that we'd been to the moon in 1969, and then we were unable to go to orbit and of course with the shuttle retiring, we can't do that. that's not a good trajectory.
8:13 pm
>> downward trend. >> yeah, absolutely. and we're so used to technology just sort of naturally improving. it improves because people work hard to make it improve, and new companies abthey can compete and try to make things better, and so that's what is happening in the space arena. it's such a high capital in did he ever, high technology problems. there's a lock of entrance into the space business. it was dominated by monopoly situations and there was not portionment for invasion. >> what made you think you can make it work? >> i thought i would fail. >> you thought it would be a noble failure. >> if some things are important enough, you do them even if the odds aren't successful.
8:14 pm
>> you put a lot of personal wealth into the company. >> i put most of money i made from pay pal into space x and the rest in tesla. i had to borrow money from friends to pay the rent, literally. it's kind of ridiculous. >> you're not a guy who's going to sit on the beach and watch the waves come crashing in. >> no, it was another thing in 2008 all three companies almost died. >> they all were founded in the decade of 2000. >> yeah. space x in 2002, tesla techy 2003 but techy 2004. in 2008, we had the third launch of space x fail, the tesla
8:15 pm
financing run fell apart because of the economy and trying to find funding for a car company in late 2008 while g.m. and chrysler were going bankrupt was not fun. then solar city had a deal with morgan stanley and they couldn't honor the deal, because they were trying not to go bankrupt, so it was super tough. >> and what's your reflective lesson learned in that process? you're over leveraged in the context of not just financially but just spread too thin in terms of passions and endeavors or i mean in hindsight, you can say it all worked out because solar city is doing better than ever tesla is doing well and space x has had its first big success. >> absolutely. things are going really well right now but it's worth making the point that they really weren't always going well, and
8:16 pm
there were some extraordinarily tough times. >> what's the take away from that? >> i learned that i have a high pain threshold. you can have a nervous breakdown, but on the sunday before christmas 2008, i was like man this is pretty close and then the next -- on the monday nasa called me and said space x won a $1.6 billion contract so i was like yes! then we had to close the tesla financing round and it closed on the 24th like a few days later. if it didn't close then, he would have gone bankrupt after christmas. we certainly have the department of energy and the government to thank in terms of lending a helping hand. that was really great, but it is important for people in general to appreciate that it wasn't a taxpayer bailout as it sometimes
8:17 pm
is portrayed in the press. >> space x, is this the beginning of the end of nasa, or is nasa going to go through a completely different evolution and it's a new phase of nasa in partnerships with private commercial entities like yourself, space x and others. >> i think we are entering a new era of spaces proceduration. there is an extremely important role for nasa. they create scientific instruments, the hubbel, mars probes operates the space station, but i think that as far as space transportation goes, i think that's going to become increasingly commercial in nature. it's a good thing. >> does that mean those watching in five, 10, 15 years will be able to do sub orbital trips?
8:18 pm
>> yes absolutely. >> you've suggested mars, the moon that's 1969, making the argument in the future mars. >> we want to make life interplanetary. that's not because i think earth is going to hell in a hand basket. it's that i think we ought to become a civilization, get out there and explore the stars and that's a really exciting future, much more than a future where we're forever confined to it. i think it's particularly fruitful for the united states, a nation of explorers. we all came from somewhere else. if any country is to be excited about such things, it's this country. >> for critics that believe nasa and the obama administration made a huge mistake by supporting basically subcontracting some of these
8:19 pm
efforts, what would you say? >> i find some of this opposition ironic. this is extremely free market. what could be more free market than doing competitive contracts answered there has been opposition from some parts of the republican party for what is arguably one of the most republican things that the president's done. i think some of that opposition has waned. >> you're be going to mars when? >> i'm hopeful mars trips can occur sometime in the next 10-20 years. 10 is probably optimistic, but i would be surprised if it's 20. >> you'll be leading by example i imagine first in line. >> i would like to go. i would like to go. i think it would be great to be born on earth and die on mars,
8:20 pm
just not at the point of impact. >> thanks for being here. >> up next, a century of innovations in the auto industry from the model t. to the brious via small beetles and giant s.u.v.'s. with lysol kitchen soap hands are healthy. with lysol kitchen soap, washing dishes is easy. with lysol kitchen soap surfaces are clean. hands. dishes. surfaces. the lysol no-touch kitchen system: the only all-in-one kitchen soap. try it for yourself. lysol. mission for health.
8:21 pm
8:22 pm
>> before joining reuters as deputy editor in chief he covered detroit for the wall street journal so knows a thing or two about cars. paul, great to have you on the show. you've written "engines of change," a wonderful reflection of the 20th century, america going back to the model t. in 1908. what was the inspiration for a
8:23 pm
book about cars to create a framework for a book about america. >> i've been covering cars for 25 years. this book goes back, i think when i was a child a boy i used to read national geographic. he see articles about the lives of the ancient atruscans. i think cars are more interesting. i decided to trace modern culture through cars. >> you start with a car we learned in the history books the model t. and the 20 years where that was the dominant car. >> right. >> not the only car. you make a point there was a wooden car no one remembers. >> the every man's car was made partly of wood, wooden wheels wouldn't run. >> it it was a car that would run it was really about getting mobility, it was sort of innovation over its 20 year run and then it changed in the 20's.
8:24 pm
>> actually, the car didn't change so much as america changed. people wanted cars not just for physical mobility, but social molt. along comes general motors and harley earl, the father of american car design and designs a sleek, beautiful the first yuppie car the lasalle. >> why was it killed? people in the roaring 20's, a different world. >> it was an urban america. people wanted to show off not just getting from point a. to point b. and wanted to look good and here we are. >> the employed he will t. went the way of the model t. i imagine the price dropped, the sales started to plummet. they weren't recognizing the social mobility that occurred. >> basically every ford's idea of marketing was just lower the price every year through more and more manufacturing
8:25 pm
efficiency, but people wanted style and pizzaz. >> it was a critical year in 1953 the year hugh hefner started play boy magazine. >> that's the first thing you remember. >> second thing is elvis started recording music. >> that's it. >> and the korean war ended. you get a picture of a generation growing up on 25 years of depression and war and wants to let loose and along comes the corvette, which is a disaster. it was awful. it didn't perform the roof leaked. the owners used to drill holes in the floors for rain water to drain out. >> the windows were plastic, not glass. >> you had the big tailfins of the 1950's, originally sold as safety devices. >> 1959 clock had the biggest
8:26 pm
tail fins ever. it was a war between general motors and chrysler. >> were they for aerodynamic reasons? >> it was nonsense. the beetle was the antithesis of the clock. >> how did a car that adolf hitler scaled be embraced by the hippies and my mother? >> part of it was advertising. an agency used to do wonderful ads. they had this ad for the mike borrow bus that showed and empty micro bus that had the headline, this was 1963, have you, do you
8:27 pm
have the right kind of wife for this. >> not politically correct. they were the inspiration for the t.v. series madmen. they brought in wilt chamberlain, tried to fit him in a v.w. bug. >> the headline on the ad was when he's trying to get into the beetle, the headline said it couldn't be done. it couldn't. it was self deprecating endearing, one of the first ads to feature and african-american. the carvair. if not for the corvair we wouldn't have the litigation environment. >> it's longer, too much weight in the back end spins out around corners. 1965 this unknown unemployed lawyer writes this book called unsafe at any speed. >> no one cared about the book. >> no one cared then "the new
8:28 pm
york times" revealed he was speed on by general motors, there were hearings in front of congress. the president of g.m. publicly apologizes in front of congress. nadar misses the apology because he didn't have a car. this all happens, and then the book takes off and auto safety is reformed, if you will, the whole regulatory attitude of the government, that it really started the greatest, two great growth industries, technology and lawsuits. litigation explosion happened because of and after the korver. >> interesting. then we move toward the 1980's and b.m.w.s representing the yuppie-fication? >> there was a suggested dress
8:29 pm
of black tie with nike. said it stood for beauty, money wealth. >> then we have jeeps and sort of outdoors consciousness pickup trucks that plays into that and country music the politics that plays in there. we saw it even with senator brown's election. >> scott brown. after he was elected in the special election, replaced ted kennedy in early 2010. the mid term elections that fall there was a candidate for congress in tennessee who advertised himself as a truck driving, shotgun shooting crime fighting bible reading family loving country boy. he was a democratic. >> he didn't win. >> he lost. he lost. now here we are with prius mania. you had a wonderful chapter about the prius and examples. arnold schwarzenegger on one side, then folks coming up to the academy awards in their
8:30 pm
prius, and of course, hybrids are born. and it goes to what? where are we in the culture in that respect? >> yeah, i mean it's basically the pickup truck s.u.v. thing back toward the more practical you know, fuel efficient practical smaller and that sort of thing. it was sort of an environmental twist. there's a little bit of america's culture wars. in some circles, pickup truck driving circles. prius owners are referred to as the pius. >> the future. cars as we know it, they've evolved in some respect but not extraordinarily in the last 100 years. what do you make of the next five 10, 20 years. what does the car look like? what are you going to see if you write an updated version of your book in five years? >> the next might not be a car. it might be a measuredding concept, zip cars, a car sharing service and all that. at some point someone is going
8:31 pm
to figure out how to merge social networking with zip cars and have he harmony zip cars dot com. anything can happen. >> final question, what kind of car do you have? >> a red one. >> that's not good enough. >> a b.m.w. >> thanks for being on the show. >> thank you gavin, a lot of fun. >> thank you. >> coming up, he thought he'd become an astronaut but decided to help fund space travel for everyone instead he's my next guest. >>it's the place where democracy is supposed to be the great equalizer, where your vote is worth just as much as donald trump's. we must save the country. it starts with you.
8:32 pm
of sununu, you're wrong. mitt romney, you're wrong. we need more teachers, not fewer teachers and more cops and more firefighters that support our
8:33 pm
if you have copd like i do you know how hard it can be to breathe and what that feels like. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free. spiriva does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva.
8:34 pm
discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens your throat or tongue swells you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with copd weigh you down? ask your doctor if spiriva can help. >> in a world where so many of us are consumed about what's wrong, framed around issues of scarcity concern around debt and entitlement debt and climate change, my guest peter diamondis has come out with a book saying the world is much better than we think. his book is entitled
8:35 pm
"abundance." in the middle of everyone focusing on what's wrong here you are making a statement that the world's future is a lot better than most of us think. >> the work i've been doing has shown me an incredible future going forward that's completely disconnected with people's conversations or people debating should i have a kid should i bring a kid in this world. it drives me nuts. you know, people have forgotten how incredibly great this last century has been. over the last 100 years think about the per cap at a income of every human on the planet has more than tripled. every nation has got wealthier and healthier. the cost of food has come down 13 fold, the cost of energy 100 fold communication a thousand fold. all the forces have been making it possible to live these
8:36 pm
extraordinary life are only separated. in the next 20, 30 years, i believe in the work and studies i've done, we have the potential to meet the basic needs of every man, woman and child on this planet. >> you talk about the rising billion, the fact as we move, this planet gross we're also going to have a remarkable number of people that go on line that are connected like never before, 2 billion to 5 billion. >> yeah. >> what does that mean? >> it means that innovation, the ability to create new and better products, think about the things we have today that didn't exist a decade ago. wi-fi, google, itunes, skype two way video conferencing, the things we run our business on weren't here a decade ago. people exchanging ideas the web is the biggest driver for that. in 2010, we had 2 billion people
8:37 pm
connected on this planet. by 2020, it's going to 5 billion. 3 billion new minds are coming on line. what do they want? they've never been heard from before. what ideas will they come up with? they represent 10s of trillions of dollars flowing into the economy as they buy stuff. >> you frame that in not a negative life in terms of lack of resources and insatiable appetite for people to consume and the concern from a climate impact and capacity to absorb that water and food scarcity, you make a case what technology then will drive that capacity to work through those challenges? >> i tell the stories the facts that hopefully get people thinking differently about scarcity. i open with a story about in 1840 aluminum was the most rare metal on the planet. napoleon had the king of sigh yam over for dinner and served
8:38 pm
him with aluminum utensils. it was the most precious metal in 1940. even though the earth is made up of 4.3 aluminum by weight, you can't mine aluminum out. it was worth more than platinum and gold. which is why when you go to d.c., the tip of the washington monument was aluminum. technology made it so easy to extract, we use it with a throw away mentality. we talk about energy scarcity, but the earth is bathed in 5,000 times more energy than we as a species use in a year. it isn't scarce, it's just not in a usable form yet. the cost of coal larr is dropping. the amount of solar producing is growing 30% a year. we're 20 years away from being able to meet 100% of our energy
8:39 pm
needs from solar. the earth we talk about water worth, but earth is covered in water, 95% of salt water but there's amazing technology on line right now to make that into very pure, drinkable water. >> you want folks to think big thoughts and do big things, a billion people. >> yeah. i talk to c.e.o.'s in companies and people who have made huge money and say you're living in a time where your legacy cannot be just a believe or product. you're legacy can be wiping one of the grand challenges off this planet, solve food, water energy sox the diseases. that's where we are today. we have the ability to attack those things. it's the passion-focused mind enabled by capital and technology. people have to risk big to solve big problems. >> we talk about the rising billion and capacity for people to connect in ways they never could have imagined at any other time in human history.
8:40 pm
you talk about these same techno philanthropists, meaning there are people making great wealth and doing what? not just putting money into investing in a library with their name on it, but doing different things. >> i think there are individuals. i mean the quintessential example is about him gates going after malaria and people going after redesigns education redesigning dean cayman and the work he's doing in water. people have said ok, i've been extraordinarily successful in reinventing advertising or reinventing the buying experience on line. i'm going to use that capital now to solve one of the biggest problems on the planet. part is trying to change people's mindset. the work i do is how do you get these people to put their money at incentive to incentivize the world and solve the biggest
8:41 pm
problems. >> spaces proceduration, what was the inspiration? >> i grew up born in the 1960's, grew up passionate about space flights, drank all the tang out there, wanting to inspired by apollo and star trek both and figured out my chance of becoming a government astronaut were one in a thousand. i had a better chance of become be an nba all-star. i'm only 5'5", than an astronaut. i thought how can i do this privately. i knew how difficult it was i started 15 companies in the space world mining os asteroids. i read that lindbergh in 1927 crossed the atlantic to win a $25,000 prize. you put up a prize you don't pay anyone who tries only the person who pumps it off and when they do, awesome. the day before is something a break through to a crazy idea.
8:42 pm
how in our society today do we incentivize crazy ideas. in the government, you try something wacky there's a congressional investigation in a private company you worry about your stock price being hit. you've been to our x prize engineering and thank you for your participation. one of the groups you were in was brainstorming an earthquake prediction x prize. i'm going to a meeting that might fund that. how cool would that be figuring out how to look at the data and predict an earthquake 15 minutes or 30 minutes earlier? it would be transformative. >> as a former san francisco mayor, i can particularly embrace that framework. you've had other successful x prizes, oil clean up, we we we we we
8:43 pm
understandy schmidt putting up money. >> i was on stage with paul jacobs, the chairman of qualcomm announcing this january, asking teams around the world to build a hand held mobile device that a consumer could use to diagnose themselves better than a board certified doctor or team of doctors. we named it the qualcomm try quarter x prize after the medical try quarter that spock and jones would use on star trek. if you're trekking through kenya, or a mom this is a device you talk to, it's got a.i., you cough on it, it would analyze your sputum. you could do a finger blood
8:44 pm
trick. this thing has to diagnose you better than a board certified doctor, which sometimes isn't too hard. there was a study done that said 45% of the time you go to the doctor you get the wrong course of treatment or diagnosis. another fact which scares me, i went to medical school ages ago and knew how much i forgot the year after i left. i never practiced. by 2020 in the u.s., we're going to be short 90,000 doctors. we can't train enough. technology is going to come in and make health care abundant. this is a common cold, stay home and drink fluids. don't go to the e.r. that's already overworked. the doctors we have can be used for effectively. >> what is the limitation on x prizes? is it just the quality of imagination? going through a visionary questions and imagining other x prizes other megax prizes in
8:45 pm
the future? >> we've been thinking about that, what could they do, could they be used in reinventing governments, something you and i have talked about. so listen, i want to be very clear. incentive competitions x prizes are a tool in a tool box. i intend to find out how far and wide they can be used. one of the ones i'm really excited about dean kayman we mentioned earlier is a childhood obesity x prize. >> he is known for the segue but not the 1,000 patents, one of the most brilliant minds out there. >> the implantable dialysis and infusion pumps. he saved millions of lives in all his bio medical technologies. he's the edison of our team, an extraordinary man. >> childhood obesity x prize to
8:46 pm
have teams countries around the world look at how can we change this epidemic of childhood obesity, which is killing us financially and really ruining our kids' lives. the next price in alzheimer's which could bankrupt this nation. we are looking at x prizes in very low cost housing construction, but we've talked about megax prizes in areas that are one of the ones i love is go from a skin cell to a transplantable heart lung, kidneys, if you have kidney or liver failure grow your own. that's the future that we have ahead of us. >> what's the limitation? just the philanthropy to back up the prize? >> we have probably more ideas than we have capital. it's easier to get money. i still it shocks me how
8:47 pm
difficult it still is. if i had a billion dollars and wanted to change the world i would say what are the 10 biggest problems on the planet i want to solve here's $100 million each. i don't care who does it, because the beautiful thing is when you put up a prize it's paid only when it's done. >> if you've earned a billion dollars, you've taken risks and run big ideas and then it seems timid to give away your moan that doesn't orient about all the models of entrepreneur ship. >> billionaires, if you hear this out here. >> only pay for performance. i don't have a billion dollars but i'd be front and center on this. what is it about that limiting belief or is it just people used to the way things have been done? >> i think it is people used to the way they have done it and wanting to insert more control. remember when you put up a prize purse, you can't control who wins it. you could control the end goal, but it's not you giving it to
8:48 pm
this particular innovator or university. it's up for grabs. i really don't fully know, because it seems to me this is one of the most efficient highly leveraged, you only pay when it's done, get 10 to 50 times of the amount of the purse spent by all the teams trying to win your money. you don't owe me back a single solution. if you're a venture capitalist and back an approach, you back that and put up a prize. you might have backed 20 or 100 approaches, bun wins but you have a team up in industry, so lots of benefits. >> why not government then? is this a solution to picking winners and losers? why isn't government doing what you said, let's put $1 billion up to solve a problem as opposed to spending billions managing problems? >> the government is beginning to do this, but they're doing it
8:49 pm
still on a small scale. there isn't large scale, you know, this administration, tom cleal in ostp is really thinking about grand challenge work, but it is about putting up very large sums. congress a all due respect to congress, therefore can't direct which district it goes into. >> yeah. >> and it's money that is, you know, it's okay, if it's a half a million dollars or million dollars, but put up a $10 million prize then you're losing control. >> there's a website that has some of these smaller. in the closing moments here, you're bullish about america's ability to compete in this globalize the environment with i.t. and globalization america's best days of ahead. >> go and ask anyone around the
8:50 pm
world what are the hottest i.t. products and services. they're all with the exception of skype all of them are u.s. born. we still have the mindset. america still despite itself sometimes still has the mindset of risk taking. it requires extraordinary risk to capitol everything you created, because that's what it takes to have a real break through. so america still has that. others are beginning to catch up, but i think we still have a solid lead if the regulatory world doesn't get in the way. >> at a risk of extending our time from that which was set aside, peter, thank you. >> we'll close the show with thoughts on today's guests, and while people like elon and peter inspire us to develop the tools for a better future. with a washington perspective from an emmy winning insider. >>you couldn't say it any more
8:51 pm
powerfully than that. >> current tv, on the roll. (vo)followed by humor and politics with a west coast edge. >>ah, thank you. >>it really is incredible. (vo)bill press and stephanie miller, current's morning news block. weekdays six to noon. sir... excuse me, excuse me... can i get you to sign off on the johnson case... ♪ we built this city! ♪ don't let food hang around. ♪ on rock & roll! ♪ [ orbit trumpet plays ] clean it up with orbit! [ ding! ] fabulous! for a good clean feeling... eat. drink. chew orbit. it's like chicken and crunchy stuff got married! i only use french's french fried onions on my crunchy onion chicken because it's america's number one brand. just minutes to make, then bake!
8:52 pm
8:53 pm
8:54 pm
>> just a few years ago who would have thought a 40-year-old entrepreneur could send a rocket to space or a non-scientific company would drive scientific breakthroughs. despite downturns, recession and incomes innovators continue to have solutions to problems in transportation in space medicine and education. the key is partnerships, public
8:55 pm
and public-private partnerships. elon musk has more than a billion dollars in government contracts. how can you forget the fascinating story about the chevy corvair which launched consumer activism. there will be 3 billion more people with global voices solutions and ideas. that makes him hopeful and so aim. thanks for watching the show. please continue the conversation on our website facebook, twitter and google plus. >>it's the place where democracy is supposed to be the great equalizer,
8:56 pm
where your vote is worth just as much as donald trump's. we must save the country. it starts with you. the airplanes are going to get from one part of the country to the other without any air traffic controllers. i mean this is ridiculous and mitt romney ought to know better. i stand with our public employees and cops and firefighters and their teachers? get irresistibly clean and fresh carpets in your home with resolve deep clean powder. the moist powder removes three times more dirt than vacuuming alone while neutralizing odors for a clean you can see, smell and really enjoy. don't just vacuum clean. resolve clean.
8:57 pm
you want to save money on car insurance? no problem. you want to save money on rv insurance? no problem. you want to save money on motorcycle insurance? no problem. you want to find a place to park all these things? fuggedaboud it. this is new york. hey little guy, wake up! aw, come off it mate! geico. saving people money on more than just car insurance.
8:58 pm
8:59 pm

263 Views

info Stream Only

Uploaded by TV Archive on