Hypothetical. Why does mortgage credit enable them both equally . Im not sure how were going to do that. So rather than seeing a reform with much tighter regulations, limits on what their executives can make, with an acceptable rate of return and this make whatever you can and get rich structure, its about the famous line from winston churchill, it seems like its working until you consider the alternatives. I guess ive become an advocate of fixing what we have and recognizing that its not perfect. There are dangers in that system. There are dangers in every system. There is another side of false dichotomy with private capital. Fannie and freddie had to be bailed out by the government so we fix that now with dodd frank, if the big bank controls the Mortgage Market, one that undo everything weve done . Why is that private capital . So if we did that and we let franny and freddie start to build capital again and we release them into the market, do you feel there is any risk that we will h
Mexican drug has been is awaiting trial here in the u. S. We now have the bodycam video from mexican authorities of his capture. Elias yesterday was the democratic brown and black well take a look back at the highlights of the between three president ial coming up. Local 5 news midday in hd starts now. We are iowa elias good morning and thanks for joining us for local 5 news midday. Im elias johnson. Elias new at midday today elias we have an update now on the case of Shirley Carter. Last june, 68 year old Shirley Carter was found dead of a gunshot wound in her lacona home. Now. Shirley carters widow, bill carter, has filed a wrongful death civil lawsuit against the couples son, jason carter. Charged have not yet been filed. Be sure to stay tuned into local 5 as we continue to follow this story. The 2016 iowa state legislative session is now underway. And this morning, the governor laid out his priorities in his annual condition of the state address. Terry branstad also unveiled his bu
The first word processer, the first smartphone, the first car, the first plane, it has this connotation of a breakthrough investigation thats in essence a quantum leap. And my book is about how we as a society need to be innovating more and how the really significant innovations that move the dial are these breakthrough zero to one companies. Host is Silicon Valley a zero to one, does that have a zero to one mindset . Guest theres, theres definitely Silicon Valley at this point is the center of innovation in the u. S. , and i would argue the center of innovation globally. Its, there are certainly a number of companies that have involved significant break throughs, i would say google, amazon, facebook are significant ones in recent years, apple with the iphone. Theres always a bias to make things very incremental. Successful companies in cig con valley are all Silicon Valley are all zero to one companies. Most Companies End up being much less valuable. The tenth solar panel company, tha
Potential scale. We overvalue its always worth thinking hard about whether youll be able to build a Great Company or might be bert off joining another company doing something great. Host you spend quite a bit of anytime your book on the u. S. Educational system. Is it assisting, is it promoting this type of entrepreneurship . Guest ive been a big critic of the u. S. Education system. Focused a lot of Higher Education where you have this runaway student debt. Over a trillion dollars of student debt. I think we have a bubble in Higher Education, and i think it is i do not think it is actually helping people do more entrepreneurial or more risktaking things when you graduate from college with 100,000 of debt youll take a safe, reasonably well paying job to pay off your debt and you will be much less likely to do something entrepreneurial or creative or artistic, which may pay less but ultimately create more value. I do think that theres a big problem with the debt. Theres a big problem wi
Penguin random house. Com agreed upon or just search a National Readathon day. Its the first thing that comes up. Thank you very much. Thank you. Host peter thiel from what does the title of your book zero to one mean . Guest zero to 101st to any sort of innovation or doing anything new where you do the first thing of its time. So the first word processed for the first smartphone the first car the first plane. It has its connotation of a breakthrough innovation that involve some sort of quantum leap rather than just a small innovation. My book is about how we as a society need to be innovating more and now the really significant innovations that move the dial are these breakthrough zero to one companies. Host is Silicon Valley a zero to one does have a zero to one mindset . Guest there is definitely Silicon Valley at this point is the center of innovation in the u. S. And i would argue the center of innovation globally. There are certainly a number of companies that have involved these