Transcripts For FBC Stossel 20131225 : comparemela.com

FBC Stossel December 25, 2013

The iphone is now just six years old i already tak for granted that i can press a button on my keychains and start a car. And to find out to get ryan supposed to go my gps system talks to me. I dot even think about that being special and i ta it for granted i conclude my food in minutes disabled people have better ways to get around. What innovation comes next . Hmakes his ling as a future is startin the institute for global studies what is next . Robots that senior house and also businesses in new customers are found for you also piggyback on the hyperlink to sell tickets through e commerce. Nanotechnology, computers, r obotics, they are of limited the barriers are not even thre for the entrepreneurs of the future. You talk about the hyper loop he has done good things . Absolutely. He has the dna of silicon valley, next generation, as steve jobs. He also buys test of the first commercially available electric car with the stocks climbing. Break this down to talk about tesla the stock goes up the but you woed for steve jobs before you call him the news steve jobs against government handouts for a car that costs 60 years 70,000 subsidized by a tax credit from the not so rich people. Keep in mind he did not need the 1 billion loan from the government he did pay that back also the first innovative breakthrough was the powell he is part of those that disrupted the banking iustry. He did not need that many but he borrowed a and paid back and people we lining up to invest because they sell more tesla and then they can make to keep up wi manufacturing. It may be a rich mans toy today i can tell you that they are coming now with the new sub model have the price and a lot of innvation with their computer or robots or the internet stars to be expensive in the massmarket takes over numerous entrepreneurs end up in a fading the price point comes down. To push back you say they sell all these carr but 21,000 iall they have sold toyotas sold million and i think this is a government subsidized scam for rich people. It may turn out to be that the for all intents and purposes he has pioneered new way for word the next carill be lf the price i have seen models you are right lets see if deliver. The entrepreneurs spending their own money so explain hyperlink hyper loop. Driven by electric and solar but think about more like cars people inside of a capsule itill move very quily like a bullet train through the system that may give. S. Accelerated spee that is a fan quite frankly deliver. The price tag is not small talk about six or 8 billion teeseven this stupid Sam Francisco trade is already about 100 billion. That is correct he could create a ne category is testing the waters and lets see what he does. You like to think about our space people once assumed only government led or could build the rocket required to bring people into our space but that was more th 40 years ago and then they have not done much but several years ago an entrepreneur were offered 10 million to anyone who could launch in space twice within two weeks one Company Quickly succeeded in a span of less than nasa now a Company Called spaceccess invented technology to make a launching rockets much cheaper and it makes the money. Continues the mission to resupply the International Space station from u. S. Soil why is this a breakthrough . I think the private space industry and space itself as a commercial opportunity represents tremendous new opportunity to opportunities for new rvices and products and jobs to developed and deployed fm the United States gives us a chance to have a new kind of industry even nasa being a custoer for space x. That is how they ke their money . They have other governments and private sector organizations that are recognizing we like to take a look how we can commercialize space other folks look at Space Tourism such as Virgin Galactic and others but but i think he has demonstrated he can put a rocket into space, he has delivered to payloads moving to commercial payloads and i think youll open a whole new category for commercial space people tell understand you could make pharmaceuticals or products in zero gravity you cannot ke on earth. Talk about computers do we war that makes me think lots and that went on in jeopardy. Said the computer beat the best human . Again as the two most successful players in history. He cleaned their clocks. Now you say we will have robots that act like doctors . The bt decisions made about my health when i go to the hospital. That is a lot to be a decision in support to help doctors and hospitals understand through big Data Analysis but also make better care decisions that will relate if you should have a certain drug or not. I hope we do show it is possible. We have seen rocket launching but what if you want to go further that will be possible in just 10 years you will be staying not just visiting planets. Inhabit marshes and tenures . Y the man who started the foundation to land people on th mars by the year 20203. , one. It sounds very ambitious but when you alize the difference between sending humans there tuesday and then you realiz that is what makes it possible we have all the technologies to gethem all alive. People are signing up and pay actual money . Yes. People have been waiting for is for so long. More than four years since humans have walked on the new and not much since then. All these people pay fee. Know wn it is 65,000 paid the fee we see that as a first selection around do i feel confident enough. You go there to live see your a mars inhabitant you between the seven years before you leave finisher job for the rest of your life spee mickey based on the economy of the country theyre from . We make it so people have to think about it is enough to think about it but not so much that anyone cannot afford it. It is just 5 if you are from catarrh or 75 but without the fee is how you pay for it . The world has been waiting for this we are getting donations over the world and individuals. It is not government funded . Were notnterested in that. Good for you. We have nothing again it but then they want Something Back with a one government to involve thee are sending to mars. I hope you succeed. You can now print to a gun atome and special correspondent kennedy checks that out. Dictators are overthrown with the help of social media how can the libertaans explain the ready . Ready . Next. up  xccx÷ [ male announcer ] ne help keeping your digetive balance in sync . Try align. Its the number one ge recommended probiic that helps maintain digestive balance. Stay in the groove with align. John in liberty, limited Government Works and brings out the best in people but people dont get that. How do we convince them . Matt tries and they run facebook posts like this one alerting people to the fact that Congress Passes bills without reading them been exempt their own staffers that was seen by almost 2 Million People that is not unusual for a Freedom Works post. Jury leave julie post you to videos viewed by hundreds of thousands why did you start . Because i care about freedom and liberty. John why do you care . I want to do what i want to do as long as i do harm another person and i found out through googles. You were a conservative. Neoconservative by m embarrassed about that. John through the internet you read about libertarianism and i want to help spread the movement . So many are politically apathetic there are so many conservative people talk about big government, the war, and morality have in taxes and spending i want young people to know that i am a libertarian. John and use that i can do that . I started a channel in my bedroom by myself i did not know much about tecology i just put up a you to channel john a few people would watch and then a few more . Has gone up pretty slow but now lot of people watching at. John i will show you another sample of her works theyre not angry of the nsa spying so here is part of a video that has more than 100,000 views. When did the government become the jealous girlfriend . I note need to know who youre talking to all times but they say privacy is for cheating boyfriends. We all have things you want to keep to ourselves when government is snooping you lose choice and control and freedom. John then people can respond and there is conversation. I actually responded to you on twitter and we had a bit of the debate because i am not doing anything wrong i should not be treated like it criminal. I just the and had 100 things a hated more. You want to explain liberty but in the old days you may have paid a lot of money for an average try to lobby politicians but now you have options. The internet changes everything in dectralizes the way people get their information and lowers the barriers of entry if you think about what is going on with washington d. C. And insiders sneaking around now we know what is going on to share it at a moments notice then all the sudden 1 Million People are engaged in a conversation that used to happen with nobody knowing. John you do a lot on twitter. How was that convertion . That is a couple words. There is a conversation people on our stuff dont know how to communicate beyond 140 characters but the old think tank is you would it right 40 page white papers and nobody read or saw so this is a way to engage people to start to have the conversation but then you start to dig deeper then maybe even read to the 40 page white paper. John you had 21,000 twitter followers . But just by yourself 20,000 . Some of them are not fans did you get hate mail. Definitely there is a lot of trolls but it is go because People Better not libertarians are paying attention and they may learn something. John that is the goal. For people out there you have tips on social media . Dont over post three times a dayproduces the highest level of engagement and think about the multiplier effected the people you touch all of their friends that a engaged in that conversation there is about 1 billion people on twitter soviets libertarians final have the oppornity to potentially connect all the people that share these basic values and the way that lowers the cost and engages people. John i tried how to use on social media on the bottom left of the screen there is the this case it is innovation that means you watch the show that uses a to talk to other viewers and anybody that can connect through that why is this a big deal . All of a sudden everybody in the world on twitter have a Million People can connt following that phrase innovation if you have that nversation with ople that did not believe the same things you didnt know we have the opportunity. John twitter has links if you really want to read milton friedman. Then you read human acheson cover to cover. 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Anan industry that supports almost 10 million americanobs. Life takes energy. And no one applies more technology to produce American Energy and refine it more efficiently than exxonmobil. Because using energy responsibly has never been more important. Energy lives here. Its not the limit the cash i earnvery month card. Its not the i only earn decent rewards at the gas station card. Its the nomes, nosigning up, everydayrewarding, kungfufighting, sierlightninginabottle, bringinghomethebacon cash back card. This is the quicksilver card from capital one. Unlimited 1. 5 cash back on eve purchase, everywhere, every single d. So ask yourself, whats in your wallet . John i hate to it that my government steals per roll hall . With these guys inhe bank vice saved every year but what does my government to . It presents more. So many that i fear i may have to pay for retirement with Something Like this. A billion dollar bill. Kim in zimbabwe. It has not dalue this much but i am worried about my future so what about inflation and government manipulation . I bought. Clean. Digital glaves you can trade to the internet in every country your account cannot be frozen it is changing finances the way the web changes publishing. John baby. Fz how bit co works it is hard to get your brain around you first have to understand bit coin is not only one dash owned by a company or controlled by anybody or protocol like the web Digital Currency that you can Exchange Money with anybody in the World Without the use of a third party like mastercard. John you are creating anonymous computers . Everyone that is part of the network contributes their capacity to discover new bit coin in day reconciles those transactions that are transmitted over the network john this for real recreates bit coin but the limit on the total nuer automatically . The total number is 21 million we will get there around the year 2040 so that makes it a deflationary currency. John have i know some clever kids will not make up 1 million . Because of cryptogphy. Many experts have tried to crack the code has been unable to do so. John you mentioned a pal why not n that . That is the exciting part that for the first time we can transact without a thiparty so if i wa to send you would have to dollars to have to use paper towel they would deduct 100 from my account and added to your account but bit coin allows us to lew transact was nobody between us. These are central points of control that we may want to engage in a transaction that is prohibited or frowned upon or that we want privacy john the government could still find out about it. Ultimately they could punish but they cannot stop the act from taking place. But it is sometng shipped in the mail they could follow the mail. There is a web site where people buy illegal things like drugs called silk road. It is adark website protected protected by encryption running over two years it is estimated the 20 million in sales per year you can buy just about anything using bit coin. They will not sell guns thatarms anybody or child pornography or anything of that nature. John we agreed drugs only harm the users out of personal choice but my wife says this is not a good one reason we have given to protect people from this kind of stuff. Great. Law enforcement looking at going after these companies and probably will be successful because bit coin is not completely anonymous but criminals can use cash to accomplish the same thing and actually silk road is a drop in the bucket of the total drug trade but there are things that are illegal or frowned upon that we do want people to engage upon like if you want to Mental Health screening but dont want your employer or spouse to know, you could use bit coin to do that if you want to contribute to wikileaks as an american you can do that because they tell comment bank of america id not allow you to make a transfer to them if you have bit coin nothing can be done john the regulators now say we will regulate this bit coin would is interesting. They cannot regulate the network they can regulate the users and the businesses that facilitate the transfer but if we want to exchan dollars we can do that without any intermediaryf john one government has made it clear it uses bit coin as a legal currency and that is germany spirit freewill view that as a former private many. John that is from a web site called source fees. That parliament the parliament passed to give a ruling and they say it is private money ended allows them to bypass the Tax Implications we have not seen that guidance om the irs yet but i think we will. John they will say it is okay . Because private monday it traditnallhas been if you think of the brooklyn box you can Exchange Private mini it is just the capital gains. John i hope so because i bought some i looked at the price of bit coin since they have been introduced i wish i had bought them last year where they have appreciated a great deal believe the they have been going up. Who knows . [laughter] thank you. Up next i asked kennedy to go to texas to check out the guns that you can print in your home. But that makes people nervous. Just print the note coms 18 carry gold ring and a plica of a multibillion dollar stradivarius violin. John you have heard about 3d printing letting you create all kinds of things that homelike remarkable things. A team of engineers have developed a 3d printer to dispense human skin to help burn victims and one successfully build a car. John wonderful except it upsets some people than you can print jay diamond and cody did just that he calls it the liberator special correspondent kennedy went to visit him a barrel and without a firing pin when you pull the trigger the hammer strikes. That is the 3d printed, and. Ca i will back off you pull the trigger when you feel like it. Three, two,. John why you hold that in such stran . My brother would vomit if he was watching there is a nail in the back of the firing pin he said a whole that as far away from my body and face could go into my eye. He was backing off. But they have worked in the past they have nine shots off. That is the most he has ever had you dont get a lot of paying for your buck. John is only 50 in materials in anybody can soon printed gun at home. With a simple printer and a small space he changed the debate. John he gave you another weapon partially printed with metal parts and that did work. I shot a gun with 3d parts. John the magazine holds 30 bullets some poticians want to bein these but what does that mean when you can print one . To make it is cheap it is not with us forever some programs are prohibiting the of this and it is not effective. It shows that guncontrol is an illusion. I in a flservice here you feel better but this space is occup

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