universities like m.i.t. and stanford and for-profit companies like corsara and udacity have jumped into the mix with their own online classes. >> what's exciting about online learning is it's not your -- there's not a competition between the intellectual and your everyday life. they can happen at the same time. >> reporter: khan's vision, anyone can watch his videos anywhere for free at their own pace. his program, and ideas, are now being used by school districts from east palo alto to los angeles. you specialize in online lessons, so people might find it surprising that you're partnering with brick and mortar schools. why did you decide to do that? >> i have young children, and my personal -- i want them to go to a physical school. i think the physical school is a very important part of someone's education. now, when they go to that physical school, what they do, in my ideal world might be different than the schools you and i grew up in. i don't want my children to go to a school where they are all learnin

and he got a welcome trust fellowship to study at m.i.t. in academics terms he's won a gold medal for his stage of things. i would love to have that on my cv. >> i didn't think i would end up down this math, no. i couldn't have foreseen that at the time, i don't think. >> when you imagine the future, what else can we learn from people's voice like this? [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? or double miles on every purchase, every day! trying to find a better job can likbe frustrating.gs, so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're

we'll be putting our top lawmaker through divorce court, trust us, this is something you don't want to m.i.t., we're on the case next on the willis report. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. tracy: big labor is reeling. michigan deemed itself a right-to-work state. with legal cllenges and recall efforts already in the air, what is next for the state? does this mark the beginning of the end for unions? let's ask james shirk, and chip merlin. chip i'm going with you first, everyone wants to know the legal ramifications, can the unions come back to appeal this. >> they can try to appeal, whether not they would win is anybody's guess, this equal protect argument, why did they carve out police officer and fire department, and everyone else is subject to this particular law that is not equal protect, the state of mhigan will sapphire fighters and police are important to our pu

m.i.t. professor and former chairman of the massachusetts port authority, james fay, published a report outlining the dangers of an lng explosion in boston harbor. >> you just have to look at the population of people out of doors in a space like this. anyone within a half mile of the water fronlt could be hurt. >> 2015, boston harbor. a 1,000-foot tanker carrying lng sails at five knots into boston harbor, nearby downtown and logan airport, all densely populated. as is normal when an lng tanker approaches the harbor, no other traffic is allowed on the water. security is tight. >> helicopters are overhead. the roads are closed on the side. bridges are closed. there is a moving security cordon on either side of the vessel. >> but the massive security presence is looking the wrong way. a radicalized crew member has planted a bomb next to one of the lng tanks. >> it doesn't take very much to blast a very big hole in the side of a tanker. >> the bomb's explosion splits the side of one of the tank

we'll be putting our top lawmaker through divorce court, trust us, this is something you don't want to m.i.t., we're on the case next on the willis report. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and onof the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, none can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. tracy: big labor is reeling. michigan deemed itself a right-to-work state. with legal challenges and recall efforts already in the air, what is next for the state? does this mark the beginning of the end for unions? let's ask james shirk, and chip merlin. chip i'm going with you first, everyone wants to know the legal ramifications, can the unions come back to appeal this. >> they can try to appeal, whether or not they would win is anybody's guess, this equal protect argument, why did they carve out police officer and fire department, and everyone else is subject to this particular law that is not equal prot

>>> if you're a member of congress and a member of the tea party, who's your boss, john boehner, m.i.t. rom mitt romney? don't bet on it. the angry man or woman in the back row of the tea party, the angry one that stands up and scolds him, you betrayed us, you are one of them. do they want to be the person who voted with the party leadership or worse yet, the democratic president, or the one who voted against all of that and stayed true to the purity of the tea party dogma, no taxes, no deals, no compromises, no nothing, period. this is the wall the tea party have raised up, the wall beyond which people who captured. what they campaigned against was spending money on government, that is what taxes are. got it? and that's hardball for now, thanks for being with us "the ed show" with ed schultz starts right now. >>> good evening, americans, welcome to the ed show. i'm michael eric dyson in for ed schultz. the president cuts his vacation short to come back to washington, d.c., meanwhile, house republicans are literally phoning it in, this is the ed show, and as ed would say, let's get to

. >>> if you're a member of congress and a member of the tea party, who's your boss, john boehner, m.i.t. rom mitt romney? don't bet on it. the angry man or woman in the back row of the tea party, the angry one that stands up and scolds him, you betrayed us, you are one of them. do they want to be the person who voted with the party leadership or worse yet, the democratic president, or the one who voted against all of that and stayed true to the purity of running the tea party. and feel like a green giant. ♪ ho ho ho ♪ green giant progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup.

now, a recent m.i.t. paper suggests there are limits to this model. it's called "can't we all be more like scandinavians." we've livglinked in paper. in brief it shows how they provide more benefits, a number of vacations, more health care and equality. but when it comes to in ovation, the u.s. still wins. the patents filed by u.s. residents the u.s. has moved far ahead of scandinavian countries. here's why it's important. unlike say a health care system which only benefits people of one particular company, innovation has global impacts. new american inventions spread around the world. according to the paper's authors, scandinavian countries free ride on u.s. research and development, but if the u.s. became scandinavian, it would spend less on innovation, which might reduce global growth rates and thus discredit the scandinavian model. the paper has been criticized for using patents as a marker for innovation, but even sew this is an important discussion, and it ties into many of the questions or leaders are grappling with. does the state need to make

i made myself available for testing through some of the scientists at m.i.t. back in 2008 and we took it to the courts of arbitration for sports. the courts of arbitration for sports really processed what michael is talking about. so i understand where he's coming from. they ruled in my favor and we proved that the tests were -- and the outcome was the tip-top -- didn't equate to the outcome of their test. >> basically, you're in the right and he's in the wrong. that's the long of it. here's what's interesting about you. you seem such a lovely guy, light, charming, poster boy for running around the world. yet there was a little moment, little flashtion flash, oscar, paralympics when you lost in the 200, he had longer blades than you and afterwards in the interview you went absolutely tonto basically saying the same stuff about him that michael johnson says about you. >> it's very different. it wasn't maybe the right time. i think i'm still learning and i'm sure i'll learn a lot more lessons throughout the life. we all make mistakes. >> what do you think now ab

i made myself available for testing through some of the scientists at m.i.t. back in 2008 and we took it to the courts of arbitration for sports. the courts of arbitration for sports really processed what michael is talking about. so i understand where he's coming from. they ruled in my favor and we proved that the tests were -- and the outcome was the tip-top -- didn't equate to the outcome of their test. >> basically, you're in the right and he's in the wrong. that's the long of it. here's what's interesting about you. you seem such a lovely guy, light, charming, poster boy for running around the world. yet there was a little moment, little flash, oscar, in the paralympics when you lost in the 200, he had longer blades than you and afterwards in the interview you went absolutely tonto basically saying the same stuff about him that michael johnson says about you. >> it's very different. it wasn't maybe the right time. i think i'm still learning and i'm sure i'll learn a lot more lessons throughout the life. we all make mistakes. >> what do you think now about

. >>> if you're a member of congress and a member of the tea party, who's your boss, john boehner, m.i.t. rmitt romney?

he teaches creative writing at m.i.t. and recently received a prestigious macarthur fellowship, the well-known and coveted "genius grant." junot diaz, welcome. >> oh, thank you for having me. >> well, i've wanted to have you, because i've wanted to ask one of america's foremost storytellers, "what's the story you're telling yourself out of this election?" >> whew, it was bananas watching that election. but i think probably the thing that comes out most forcefully after the election is how little people were expecting the voting, the sort of, the electoral body that made obama's victory possible. i mean, i think there was -- no one was talking about the sort of numbers that showed up for obama. no one was predicting the diversity of the vote. no one was predicting that sort of the republican strategy for securing a romney victory would come to grief so kind of spectacularly. i mean, i'm telling you. even the communities who came out to vote, i think, were shocked by their own numbers and by their own power. i mean, when yo

. -- body guard m.i.t. has one of the grades donovon blythe and east palo alto before last season he was diagnosed with colon cancer. he went underwent surgery but now bigger and better than ever. he will start the east side coaches burris was the cancer coaches. they will be playing december 27th through 29. nice to have been here yet man. >> you don't have to read the cue cards. it is wanting to just be an example for people who run into tough times but you are starting your own the bed. >> i am just trying to educate everyone that it is important and make sure that you have that exam. >> that is how yours was caught early? >> yes it was caught early. >> the july 27, 1929 some of us girls basketball teams in the united states. you also handle the ways and you are in a a new coach with jason kidd and barry davis? >> yes >> what did you teach them? >> i did not teach them anything. (laughter) the >> did you say this guy was going to be something special yvette high school level? >> yes i need a similar spec

. >> i was talking to jim walsh earlier, a security analyst with m.i.t. and he said, there are dozens and dozens, if not hundreds of drones now, employed by a number of different countries. but when you say this is manufactured by boeing, would we be selling drones to other countries? is that something that's common knowledge or standard procedure at this point? >> woo know the scan eagle is used by the united arab emirates across the persian golf from iran and so it could just as easily be one of their drones gone astray or captured. it's going to take time to sort this out, i think. >> but it's interesting that you note it's not the most sophisticated. it was one year ago today that rq-170 the sophisticated drone was found. i wonder if this is a game they're playing with us, it's our birthday. >> thank you. >> good to talk to you, as always, fran townsend. >>> this is a favorite game in washington. guess who's going to fill the president's cabinet positions. there are two big names bandied by for secretary of state, senator john kerry on the left, embas

classes online for free through companies like corsera and the non-profit ed ex, the joint venture of m.i.t. and harvard and the response is astonishing. >> we had 10,000 students sign up in the first few hours of open enrollment and this was at midnight at u.s. time and the numbers went all the way up to 155,000 in a short amount of time. it was completely insane. >> reporter: students are connecting from all over the world for all sorts of reasons. in chicago, dawn smith wanted to improve her jobs skills with a free course in pharmacology from the university of pennsylvania. she loved the convenience, the quality, and the cost. >> about another 19 years of payments on my masters degree so i didn't necessarily want to add to the cost of that, which was a big factor. >> reporter: some educators point out that the immersive experience of attending a college can hardly be replicated by logging on to a laptop and that contact with professors is hugely limited online. but even critics admit this trend could open up education to hundreds of millions of people. >> i've already taught more student

i had an article a few weeks ago that some of you may have seen, the project at m.i.t. we are at a point now where it is not clear about the collection and dissemination of information. you think about the discussion over the unemployment rate and other things. the crisis project, a couple guys with a cluster of servers, $15,000, captures realtime data from the internet on prices. think about this, the way we do the inflation number, people come back three months later, and three months later we see what that rate really was. for six months ago. compare that to that project where they are calculating differentials are around the world instantaneously. that day that is all on the internet. i use safeway, usave, those prices are on the internet. you wonder, if the government is paper based, and why is the government collecting this? i can get that realtime information. so i think we are at the cusp, andpeople understand that, and that is what real consumerization of i.t. is about. second thing is monetization and shared services. we think of commoditization like windows,

later, m.i.t. tech quality review editor in chief jason pontin, a cover story focusing on why we are not solving the problems. we will be right back. >> ♪ [video clip] >> i enjoy that it is straightforward, comprehensive, you can really sense what is happening without someone else interjecting, a pundit. that i appreciate about c-span, a great resource for anyone looking to become more familiar with how government works and the ins and outs of capitol hill. >> unduly watches c-span on verizon. c-span, created by america's cable companies in 1979. brought to you as a public service by your television provider. -- julie watches c-span on verizon. washington journal continues. host: joining us on indianapolis is doug wissing, author of "funding and the enemy." we are talking about afghanistan and the end game. first, the title of your book that you wrote this year, how u.s. taxpayers bankrolled the taliban, remind us of what you were right thing? -- were writing. guest: i am sorry. i'm getting feedb

they're all offering classes online for free through companies like corsera and edex, a joint venture of m.i.t. and harvard, and the response is astonishing. >> we had a few thousand people at the establishment of the enrollment, then the numbers went up to 155,000 in a short amount of time. it was completely insane. >> students are connecting from all over the world for all sorts of reasons. in chicago, dawn smith wanted to improve her job skills with a free course in pharmacology from the university of pennsylvania. she loved the convenience, the quality, and the cost. >> another 19 years of payments on my masters degree, so i didn't necessarily want to add to the cost of that, which was a big factor. >> some educators point out that the imursive experience of attending a college could hardly be replicated by logging on to a laptop, and contact with professors is hugely limited online. even critics admit this trend could open up education to hundreds of millions of people. >> i have already taught more students than i ever could have hoped to teach in my entire career. >> and there is still

but pete came right here right out of, you know, the background at m.i.t., in engineering, and then a degree from berkley in business administration in 1963. he founded the security national bank of walnut creek which became during the war years known as the progressive bank and the bank that was going to loan to people that weren't otherwise getting loans. and he became a very popular leader in his community, built the bank into a $1 billion financial institution. having a background in the air force and other civic activities, he ran for congress and got elected and has been here, as i said, for 40 years and he's here tonight with his children. he also has four daughters and three sons and eight grandchildren and married to deborah rod rick, also of california. . we are going to miss pete. followed also by howard berman from southern california, background at ucla and law degree from ucla. i was a staff member when he was a california legislator. he came with a background in vista and got elected to the house and has been the leading ranking democrat, probably the most trusted perso

but pete came right here right out of, you know, the background at m.i.t., in engineering, and then a degree from berkley in business administration in 1963. he founded the security national bank of walnut creek which became during the war years known as the progressive bank and the bank that was going to loan to people that weren't otherwise getting loans. and he became a very popular leader in his community, built the bank into a $1 billion financial institution. having a background in the air force and other civic activities, he ran for congress and got elected and has been here, as i said, for 40 years and he's here tonight with his children. he also has four daughters and three sons and eight grandchildren and married to deborah rod rick, also of california. . we are going to miss pete. followed also by howard berman from southern california, background at ucla and law degree from ucla. i was a staff member when he was a california legislator. he came with a background in vista and got elected to the house and has been the leading ranking democrat, probably the most trusted perso

. >> next and final at cover from m.i.t., mr. parsons for environmental and policy work, welcome. >> thank you. i'm john parsons, member of the finance faculty at the school of management. i publish research on hedging and teacher course on risk management for nonfinancial corporations and have consulted with a number of companies on hedging issues as well as other corporate finance issues. i want to thank chairman garrett and ricky member waters and other members of the subcommittee for allowing me the opportunity to testify here. although they share hoping in different ways to crack effective regulation that reduces hedging costs and increases the productivity of the economy. i submit a neighbor testimony was hit or miss. i used his remarks to basically describe two broad categories, one that i think this is the mark that will be in effect without reducing costs for nonfinancial companies and potentially have some dangerous side effects in another broad category of factions that has a track record of helping to reduce costs for

this is an m.i.t. thing. fisher is regarded as being the man who saved east asia in the '90s. you know, these guys have been more than upfront that there's a club. i think it's just being written about for the first time. >> yeah. mark, the consensus is $45 billion in monthly purchases of treasuries. that's what's expected. if we don't get that, a lot of market analysts believe that the markets will be extremely disappointed. this off of a string of gains. the first five-day winning streak for the dow since march. the dow, in fact, is at, what, the highest level since october 22nd. s&p the highest level since november 6th, which, of course, was the election. we've been levitating higher that the fed will be there and the cliff deal will be reached. interesting. >> the papers read, as if we're about to have a deal. i think there's so much irony in the papers today. we've got corporate leaders saying, listen, you can raise our taxes. at the same time you have republicans who are saying, listen, we will not let taxes be raised for the corporate leaders. i mean, you've got represe

that which you wantless of, m.i.t. says a $20 carbon tax raises $150 billion a year. that's real money we need not only to broaden the revenue base for an aging society but it will also help lubricate the kind of tough tax tradeoffs and horse trading we're going to have next year. >> let me get paul involved here on the corporate tax rate. we haven't talked about it much. what would a 28% or 26% corporate tax rate mean to your business? >> it's not just the rate itself but the sense of permanence that we're going to do something comprehensive, long-term, and it's real and durable. that's what long-term planning is about in a business context. you're competing with the u.k. parliament. the u.k. put their rate at 28% new york tax on repatriation. japan used to be the highest tax rate in the world and we were second, now we're first. it's imer -- imperative from a competitive point of view and as i alluded to it is the absence of any decision that's got that one-point-x trillion dollars sitting on the sideline. my own view is if you had the banner headline, long-term fis

from m.i.t. the every has -- the other has a law degree from harvard. either one of them could have done anything they wanted to do, and been well compensated doing it. had a much more comfortable life never having read their names in the newspapers as bad people on different occasions. the fact that they gave of themselves right from the beginning, they didn't go out and make $1 million and then come in, right from the beginning, as young men, i think it's an amazing thing. for those of us who have done -- who followed a similar path, the first several years of doing public service new york matter what you're doing, are not lucrative. it's usually a difficult struggle. to stick to it for as long as they did, between the two of them if you add up the years not just in elected office because elected office is only one way to give back to the public but add back the years they served as staff members or teachers you add that together, combined, we're talking 100 years, guys. i'm sorry. between the two of you, it's 100 years of public service to the common

voters in pueblo, colorado, said they checked the box on their touch-screen panel to vote for m.i.t. rom memittromney, but it. i wonder if my vote really counted, they said. poll watchers in davidson county, tennessee, could only stand by as would-be voters is asaw the long line and drove away, pressed by commitments of family or work or others, chose not to spend hours waiting in line to exercise that most fundamental of american rights, the fran chierks the right to vote. in philadelphia, longtime registered voters who showed up to cast their ballots discovered their names weren't on the rolls anymore. mr. president, in ohio, in wisconsin, in south carolina, new york, montana, more than a dozen states experienced some kind of basic breakdown in the administration of their elections in 2012. this is the united states. the right to vote is fundamental to who we are. it is basic to our democracy. it is in our d.n.a. we have to get this right. that's why i introduced the fair, accurate, secure -- or fast -- voting act of 2012. the fast votingage of along with senators warner and whit w

article a few weeks ago that some of you may have seen, fascinated by initials as like the project act m.i.t. we are at a point now where it is not clear about the collection and dissemination of information. you think about the discussion over the unemployment rate and other things. the crisis project, a couple guys with a cluster of servers, $15,000, captures a real time data from the internet on prices. think about this, the way we do the inflation number, people come back three months later, and three months later we see what that rate really was. compare that to that project where they are calculating differentials are around the world instantaneously. that day that is all on the internet. i use safeway, usave, those prices are on the internet. you wonder, if the government is collecting it, why are we still paper based, and why is the government collecting this? i can get that real time information. people understand that, and that is what real consumer is asian of -- consumerization of i.t. is a bout. -- about. second thing is monetization and shared services. we think of commodities