change but we re worried about too much government activism. houston chose to have almost no zoning of any kind that limited development, even in flood prone areas paving over thousands of acres of wetland that used to absorb rain water and curb flooding. the chemical industry has been able to convince washington to exercise a light regulatory touch so there s limited protection against fires and contamination. and now low tax and low regulation taxes in florida have come to the federal government hats in hands, we re living in an age of revolutions natural and human buffeting individuals and communities. we need government to be more than a passive observer of these trends. it needs to actively shape and manage them. otherwise, the ordinary individual will be powerless. i imagine that this week most people in texas, florida, and the caribbean would have delighted to hear the words i m from the government and i m here
industry we basically in the united states, we re reduced to two industries that we can really be proud of, the internet and entertainment out in hollywood. take the internet. we have the greatest innovation there. uber, netflix, google, for crying out loud, we tear envy of the world. now these governments because they re addicted to the revenue flow that they lost, they want to go in and tax, i.e., hurt these industries. you want to see what regulation taxes do. look no further than the coal industry. basically the government s trying to shut down the coal industry with their regulations and their taxes. that s what s going to happen to the internet innovation we ve seen. lisa, this goes exactly and gary was beginning to touch on it. you lose the tax revenue from dvd and cd sales. rather than going out and looking for another source, how about you try and cut your spending for once in a lifetime?
the continued sensation that descension that oozes from him rg. trade among the democrats is descending not into a policy issue but a identity/politics debate. where they are debating and all the rest of it. more seriously, look. they have been with him on regulation taxes and spending. most of which has damaged the economy. so at the end of his term he comes up with one thing, free trade, that might help the economy. and he expects progressives to get on board for that? it s a day late and a dollar short for the president on the economy. kim, where does this stand right now that it moves ahead. it is likely to pass the senate but how is it going to fair in the house. that is the problem. the senate was supposed to be the easy part. and in fact we ve had a lot of problems this week. the numbers in the house are not very good. this is going to be a very big lift.
options here, kristen? reporter: they have a couple options. one might be taking legal action against low-level offenders and then trying to make the case that ultimately federal law trumps state law. another option might be going straight at the state level and basically saying they don t have authority to regulation taxes and other initiatives when it comes to marijuana. craig. we look ahead to the president s inauguration next month. politico tweeting a few hours ago that president obama will accept unlimited corporate donations for his inauguration in january. that s a departure from four years ago. what s behind the change? reporter: it is a departure. the white house weighed in as well. we re not taking money from super-pacs or anything like that, but they don t want to tap back into their donors. they feel their donors are all tapped out after this election, which, of course, raised record amounts of money. that s why they look to