The Congressional Internet Caucus Advisory Committee hosted a discussion about the National Security agencys Surveillance Programs. It included Stewart Baker and advocates of an open internet. They considered the affects of nsa surveillance on Cloud Computing and the development on new technologies. This is an hour and 15 minutes. A little housekeeping item. Tim is not here today so he asked me to make sure you all know im here as my capacity. I am with the American Enterprise institute. I am not holding any of their opinions and the people here will state whether they are stating the opinion of themselves or the organization. This is really not meant to be a technical debate. Its a debate of where are we a year after the snowden revelations and what weve learned. And im just going to ask each one of our panelists who are really well written and well spoken on this topic to give a couple key points of their point of view. Be thinking about questions. So im going to start with Stewart B
Of the best thing that is weve done. Keeping in mind, at the end of the day, all of us knows this. The straw that breaks the camels bank with regard to failing institutions typically is capital. Its just pushing a button on a computer. And frankly, if we get corrective action at least close to right, those two things alone would have a very, very beneficial effect. Not just on special banks, but on other Financial Intermediaries as well. Well, you know, i agree with the premise of the krekcorrecti action to the statute is very ineffective. I disagree that corrective action is a method of protecting the Banking System in times of financial collapse. Theres two ways one can look at the Banking System. I really want a system that is going to be a hundred percent safe and not have failures. And taking that to its extreme, you have a system that has a hundred percent liquid assets. It has very high capital ratios. The trouble with that type of bank which will never fail is youll never loan
Hey, welcome to this week in football, where your interactive at this during the Program Helps drive our conversation. With waj he is our cohost and bringing all the feedback. The president has been talking about the community program. No surprise it comes up in the state of the union. You tweeted in stories about commune tie college here is accucapnt trial version pam we have this, hussein here will congress support president obama . He says no. Number one because its obama. Number two its education not foreign. Because its not the military, its smart. And well see that debate play out. Here say question everybody is asking, how much does free really cost . The president s new proposal to give students two free years of Community College will actually cost you about 60 billion over 10 years. Supporters argue that the accucapnt trial version promise of a better future, higher life tiff earning and spending and a more educated society will create a return on that investment. The critics
Hey, welcome to this week in football, where your interactive at this during the Program Helps drive our conversation. With waj he is our cohost and bringing all the feedback. The president has been talking about the community program. No surprise it comes up in the state of the union. You tweeted in stories about commune tie college, here is accucapnt trial version pam we have this, hussein here, will congress support president obama . He says no. Number one, because its obama. Number two, its education, not foreign. Because its not the military, its smart. And well see that debate play out. Here say question everybody is asking, how much does free really cost . The president s new proposal to give students two free years of Community College will actually cost you about 60 billion over 10 years. Supporters argue that the accucapnt trial version promise of a Better Future higher life tiff earning and spending and a more educated society will create a return on that investment. The cri
I am guy johnson. Francine is not here today. She is at the bloomberg summit. She will be back soon. Our top story. Lets talk about tesco. Bleak news again. It was not top 114 billion pounds and shares will be down as much as 14 . Charles, 100 days. Big ofthis come as a surprise they significantly reviewing . He said he was going to review it and we knew it in october. It was a degree to which it is him giving the guidance and that he did not give at the end of the told her. The key point is the commercial policy which we knew tesco had they buyhigh how from supplies and cello. The way they were buying was also in a mess. Is he big question is going to get us back to where we a newfore our are we in normal where the company will be at a lower level . Unlikely that is the Trayvon Martin and that tesco had for many years that years and we many will get more guidance in january. What is done in the short term is say, all of the back margin deals going on and they came in a number of ways