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Faster and cheaper I absolutely love this idea bring it on we are in the age of innovation when everyone has access to a global market.
Great ideas -- -- is either visually or is -- -- wanna go to Mars.
Invites you did you.
It is this a good idea plastic guns you can making your own home this sort of be stopped.
Politicians are also threatened by money they can't control big point is the first decentralize digital currency we'll technology freedom.
Prevail we talk about things that can transform life as we know it innovation nation.
That's -- show.
The iPhone is now just six years old already I take it for granted.
I think it for granted that I can press a button on my key -- And starting harm him and of the find out how to get worms -- to be going my GPS system talks to me.
We will turn around.
I -- even think about that being special anymore.
I take it for granted that I can cook my food in minutes.
The disabled people now have better ways of getting around.
So what innovations are coming next James -- -- should know he makes his living as a futurist -- started the institute for global studies.
So what's next.
What's next news robots that clean your house and also find businesses in new customers for you also may be old -- back on the hyper loop and be selling transit tickets through e-commerce.
So what's next is nano technology computers robotics.
The limits are unlimited.
Barriers are not even there -- -- the entrepreneurs.
Of the future.
So you mentioned that hyper -- -- -- let's not assume people know what you're talking about this this is from this entrepreneur Elon Musk who.
You're impressed by he's.
Done good things.
This fellow is really -- has the DNA of Silicon Valley is that next generation.
If you will Steve Jobs also he's behind -- the first commercially available.
Electric car very successful company's stock is climbing.
He's doing something right.
But let's let's break this down -- talk about -- on the stock is going -- Am but you worked for Steve Jobs before you called mosque the news Steve Jobs.
He's getting government handouts for our car.
The cost 6100000.
Dollars it's a toy for rich people subsidized with 7000 dollar tax credits from not so rich people.
What's great about that now.
Keep in mind that he doesn't he didn't really need the billion -- change.
Loan from the government he did pay that back yard he's also his first.
Was PayPal so he's an early PayPal inventor he's part of the folks that really disrupted the banking industry.
He didn't need that money but he did -- that money and paying back that money.
He had people lining up to invest the reason the stock is going up is because they're selling more -- was that they can -- can keep up with manufacturing.
And though it may be a rich man's target today I drove one recently I can -- That they're coming out without a new SUV.
Model that's gonna be half the price and we get a lot of innovations whether computers or where they're robots or.
You know -- even hear that starts out being expensive and guess what the mass market takes over numerous entrepreneurs and up.
-- innovating and that price point comes down down down for the masses.
Just to push back -- hearsay and there selling all these cars.
Tesla is all they've sold toyotas sold almost ten million cars Kia -- -- a half million that's a 130.
Times more cars I think -- is a government subsidized scam for rich people.
Well it may turn out to be that foot -- -- its purposes.
I think he is.
Pioneered a new way forward his next car's going to be half the price I've seen models -- -- looks very distinct but you're right let's see if -- can deliver.
And at least entrepreneurs are spending their own money -- like government which -- other people's money.
Explain -- -- it's like a vacuum tube.
It's -- to be combination probably driven by electric and solar.
They will be tubes if you will but think about them more like cars where you're gonna have Ford and folks inside of a capsule.
And it will move.
Very quickly like a bullet train.
Through a system that may give you accelerated speed that's safe.
And quite frankly it may deliver.
The price tag is not small you're talking about six to eight billion dollars while the studio in California at San Francisco Los Angeles train is already up to a hundred billion.
That's correct he could be creating a new category you're harper loop he's -- the orders let's see what he does.
You futurists like -- think about outer space.
Let's talk about that people once assumed that that only government -- -- could build the rockets that are required to bring people that outer space.
And it was NASA that got Americans to the moon.
But there was more than forty years ago and in the remaining forty years they haven't done much.
But several years ago what entrepreneur nor offered a prize ten million bucks to anyone who could launch -- in the space twice within.
Two weeks one company quickly succeeded.
And he spent much less the NASA spent.
And now a company called SpaceX run by Elon Musk has -- technologies that make launching rockets much cheaper.
And it makes money doing.
SpaceX continues America's mission to resupply the International Space Station from the US soil.
So why is this.
Well I think the private space industry.
Represents and space itself as a commercial opportunities represents a tremendous.
Opportunity for entrepreneurs for -- new products new services certainly jobs and being developed invented.
And deployed from the United States.
Gives us a chance to be able to reinvent an entirely new kind of industry.
So Biden even -- -- a customer for SpaceX.
And and that's how they make their money and -- stun belt arrests.
To -- well not just -- and NASA.
But quite frankly they've got other governments and private sector organizations.
That are now recognizing gee you know we'd like to take a look at how we could commercialize space keep it might lots of other folks are looking at space terrorism.
Such as virgin galactic and other folks but in this case I think the musky with SpaceX.
He's demonstrated that he can put a rocket into space he's delivered to payloads now.
He's eventually moving towards commercial payloads and I think it's gonna open up a whole new category.
For commercializing space and what are the businesses keep -- -- a lot of people don't understand you could make certain pharmaceuticals.
You could make certain materials you could make certain products.
In zero gravity that you can't make on earth.
But when you talk about computers doing more that makes me think about Watson the IBM computer that went on the quiz show jeopardy.
This is what some.
But the computer he's the best human hitting IBM computer system against the two most celebrated and successful players in jeopardy history.
Watson cleaned their clocks and who is Michael Phelps yes what is staggering genius that's right.
And now you say were soon -- -- -- Our act like doctors.
Well I would like to have the best decisions made about my health when I go to the hospital wouldn't you.
That's what Watson's trying to do is really to be a decision support.
Enterprise to help doctors and hospitals.
Understand disease better through big -- data analysis but also to be able to help them make better care decisions.
That are gonna relate to whether you should have a certain drug or maybe you shouldn't.
Well thank you James I hope -- Do show that it's possible.
We've been talking about it we've seen rockets launching people into orbit -- if you want to go farther much further maybe -- marks.
That will supposedly be possible in just ten years from now on.
We will just be visiting Manhattan's.
Inhabitants wanted for Mars in ten -- -- Yes says -- -- store -- the Dutch entrepreneur who started Mars -- foundation the plans to land people on Mars.
By the year -- point -- -- -- It's it sounds very ambitious when you first hear it but when you realize the difference between.
Permanent settlement so sending humans there to state.
And trying to get humans from -- back to earth.
Then you realize why did this that's really what makes it possible.
Because we don't have the technology to send humans from march back to earth but with all the technology to get humans to earth orbits.
Flight -- marsh lands them on March thank -- -- my life there.
And people are signing up a 165000.
People and paying actual money.
Yet and this is something that's I think people have been waiting for -- for so long -- you you've said it.
It's been more than fourteen years since she was walked on the moon.
And not much has happened since -- and all these people they pay a -- 38 dollars a free from the United States.
That's right yes so not that old under 65000 people have paid a -- we have for for the -- if he has a first selection -- where people self select.
Do I feel confident enough and my good enough.
Until -- -- -- this is -- let's not as a tourist you -- you really -- dared to -- -- -- Europe a marsh inhabitants.
You'll be -- seven years before you leave and it's it's going to be your job progress of your life.
You base it on the economy of the country they're from we don't want to finance its mission through application -- that's impossible.
And so we can we make the fees so that people have to think about this at thirty reduction in in the US is enough -- -- think about it.
-- but not so much about that anyone cannot afford that it.
You're from the Congo it's just five dollars if you're from the Middle East country of cutter -- 75 dollars.
Will without the fees how're you gonna pay for the the world has been waiting for to us so -- -- already getting the -- donations from all over the world.
We're talking to a few high net worth individuals who are interested in in support and no donations not government funding.
No we were not interested in receiving government funding went up.
Wilford and good for you well in principle we would have nothing against it but as soon as governments -- gift they also want something back.
And we don't ones governments who involved who we are sending to march bus thank you very much -- IA hoping succeed coming up.
You can now print a gun at home.
Special correspondent candy check that out.
Dictators are now overthrown.
With the help of social media like Twitter.
How could libertarian views social media it would explain the liberty.
-- -- -- -- -- -- -- -- -- So the heat.
Limited government works brings out the best in people it allows prosperity it's great.
If people don't get that how do we convince them.
On that can't be tries he -- freedom works and one thing they do is run FaceBook posts like this one.
Alerting people to the fact that congress passes bills without reading -- And then exempts its own staffers from the law.
That post was seen by almost two million people and that's not unusual for freedom works post.
Julie brows deep post YouTube videos about liberty and they are viewed by hundreds of thousands of people so -- start with you -- you start doing -- I started because they care about freedom and liberty and a wonderful -- -- me back up there why how why did you care.
I can't I can't I won't be able to deal whenever I -- you as long as I do not harm another person and and it turns out about libertarians some -- the Internet to Google and -- -- conservative I was actually a neo conservative I'm embarrassed about that fact.
Through the Internet you read about liberty libertarian is and then -- I want us helped spread the school but I knew so many young people who are politically apathetic they -- I'm not a concern -- so many conservative people.
They talk about big target went policy war.
Legislating morality and you know the laughter let's talk about taxes this ending where do I say it I don't know Pete was this -- act actually Olympic -- Can you noticed this YouTube thing and said I can do that.
Yeah I would just start -- -- in my bedroom I myself I didn't know much backed technology.
I didn't really know anyone in -- and I didn't have much money at this ET channel up.
And a few people would watch and and more and more how many now.
-- are pretty slow he's you have to have to build up but now we have a lot of people watch him I don't know why but -- Well let me show you another sample of her work plenty of Americans including me which -- and -- precarious are not that angry about the NSA spying so here's part of a video eventually did that's -- more than a 100000 view.
-- think they're -- -- jealous girlfriends.
Talking to our parents so people -- apparently in their brains that all privacy expert parents and teen boyfriends we all have things we want to heat your house for with a small group of people -- governments -- being illness to weight control and freedom so people watch that and then they can respond on YouTube -- their conversation.
Yeah actually I responded to you know -- Twitter about the Indian.
Kennedy you know we had a bit of debate because you said that wasn't big DL but I think it is because I don't really do anything wrong but I shouldn't be treated like a criminal.
I have my own government.
And for the record I don't like get I just had a hundred other things that I hated about my government I won't -- -- -- So you have a think tank you want to explain liberty to people spread these ideas in the old days you might have.
Paid a lot of money for an -- he could've tried to lobby politicians.
You get new options.
I think I think the Internet changes everything and it really decentralize.
Is the way people get their information.
It lowers the barriers to entry when you think about what's going on in Washington DC and all these insiders.
Sneaking around behind closed doors now we know what's going on and we can share it.
In a moment's notice and all of the sudden a million people are engaged in a conversation that used to happen.
When nobody noting.
But you do a lot of that on Twitter and you mentioned tweeting me and you know that's how is that a conversation it's just a couple words.
-- -- a conversation actually there's people on our staff that don't know how to communicate beyond 140 characters and maybe that's a problem.
But did the old problem -- think tank problem is secure we -- -- forty page white papers.
That nobody read the nobody saw.
So this is this is a way to engage people and you start with a -- you have a conversation but at some point.
You start to dig deeper into the ideas of liberty you start to read at some point maybe even read -- forty -- white paper.
And you have some 21000.
Twitter followers you have a 130000.
At freedom works but just by yourself 20000 people.
Now some of that are not fancy get some hate mail.
And it definitely there's a lot of trolls -- Internet let those hateful comments.
But actually think it's good because people that are not libertarians are paying attention to my videos -- -- Twitter account in name you know learned something.
Well there that's the goal you can.
And -- people out there you have tips on social media how to spread these ideas don't over posts we found that three times a day.
Is produces the highest level of engagement where there -- activists and think about the multiplier effect.
Of the people you touch all of their friends than engage in that conversation there's about a billion people on Twitter.
So we as libertarians finally have that opportunity.
To potentially connect all the people that share these basic values in a way that's effective and where it lowers -- costs and -- -- that really engages people.
-- on this show.
I'm trying to learn how to use social media and on the bottom left of the screen about it here.
There's this thing called a hash today in this case is innovation.
This means you are watching the show can use that hash tag to talk to other viewers about how long -- -- how wonderfully insightful we are.
And in -- anyone on Twitter writing about innovation anywhere in the world can connect through that if they searched the hash tag innovation so.
Why is this a big deal.
All of the sudden everybody in the world puts on Twitter about a half million people.
Can connect if they're following that phrase -- -- -- you can have a conversation with people.
Who didn't know that they believe the same things you -- -- until we have that opportunity.
And Twitter has links so if you really want to read.
Milton Friedman or -- act.
It can help take you there it's a gate -- drug pretty soon you're reading human action cover to cover -- Well I have to say I could never get through human action fake hero Matt and -- coming up how innovation gives us new things to do like.
And even reviving your favorite TV show after its kids.
-- -- -- This is our chance to make -- Veronica Mars movie and you can reach out fundraising haul.
Where she can -- this time.
I hate that my government steals my -- Are they do that.
Well -- -- these guys in the back.
I saved every year so why haven't missed it but what is my government -- It prints more of these -- so many more that.
I fear I may have to pay for retirement with something like this this is -- billion dollar bill.
-- built it -- from Zimbabwe.
So okay our dollar hasn't been devalued this much but.
I'm worried about my future -- -- hedge against inflation.
And other government manipulation.
Well one thing I did was to buy big -- -- -- with a pledge to act.
-- clintons are digital coins you can censor the Internet you can use them and every country your account cannot be frozen bitcoin is changing finance the same way the web changed published.
Maybe that was made by a company that promotes they -- it felt.
How big -- work exactly it's hard to get your brain around -- here that you explain is Jerry Brito -- there were cases that are so.
-- -- -- -- first you have to understand is that it corns are not.
-- are owned by company in -- controlled by anybody.
-- -- new Internet protocol like email or the web.
And it's if it's a digital decentralized currency.
That allows you to exchange money with anybody in the world.
Fast and cheaply without the use of the third party like -- calories.
MasterCard created by a lot of difference supposedly anonymous computers well so everybody who was part of -- network it's a peer to peer network contributes -- computing capacity.
To discovering you've -- points at the same time they reconcile all the transactions.
That are transmitted over the network.
And this this for real that creates big coins but there's a limit on the total number.
Automatically the total number of the corner what ever exist -- 21 million and that wolf probable probably get there around you're 2040.
And so that crew makes the -- deflationary currency there's nobody -- Central Bank that can make more of them.
I don't -- some clever kid -- -- computer won't just make a million vehicles because of cryptography basically is the answer now.
All there's -- many experts have tried to crack the -- corn code have been unable to do -- and support them.
You mentioned PayPal -- when -- is that instead.
So to me it's really exciting part about -- -- is that for the first time you and I can transact without a third party.
Right so until the convention a big point if I want to send you 100 dollars we have to use something like PayPal Visa Mastercard.
You know I they would deduct -- hundred dollars might count and they -- -- to yours a candidate everything with -- to zero.
Big point allows you and me to transact with nobody between us why would we do that.
Because these are central point of control for government regulation and you Miami want to.
Engages -- transaction that is frowned upon.
War that is prohibited war we want to privacy.
And government could still find out about it ultimately they mean you'll find -- and punish us they can't prevent that transaction taking place in the first.
They may find this if we get something shipped in the mail it may be able to follow all the mail and there's this.
Website silk road where people are buying illegal -- strokes.
So -- is a dark web website since it's protected by encryption knowing those -- it has been running for about two years.
Kind of with impunity.
It's estimated that they make about twenty million dollars in sales a year and you can buy just about anything and so growth.
Using -- point.
They won't sell goes -- and do also got to also anything that harms anybody Branson wants so child pornography they -- -- guns they won't solve anything of that nature.
And I mean we agree that drugs only harm to users sometimes and that's personal choice but.
What he saved my life this is this is just not good -- one reason we have government is to protect people from.
This kind of stuff so we've lost.
Right and I think that law enforcement is right now looking it's going after so -- in going after these companies and they probably will be successful in my opinion.
Because as -- I've been mentioned earlier -- -- is not completely anonymous.
But you have to understand that.
Criminals can use cash.
-- to accomplish the same things and actually.
So -- is a drop in the bucket of the total global drug trade which have to keep in mind is there some things that are illegal or frowned upon.
That we do want to allow people to engage them and -- quite.
Well if you wanted to go go get a mental health -- even want to you're.
Employer to know her or her spouse to know you can use something like they point to do that and obviously if you wanted to contribute WikiLeaks.
You know after cable -- If you want -- -- country should do which WikiLeaks is an American you can do that because PayPal MasterCard Bank of America.
Pros WikiLeaks account and to not allow you to make a transfer to them.
If they had that something big points there's nothing that.
To be done.
But the regulators now say we're gonna regulate the stuff.
That's what's interesting about the point is that going to meetings -- with somewhere they've discussed -- that's right they cannot regulate the bitcoin network.
Now they can regulate users of the network and they can regulate businesses that facilitate the transfer a valley.
-- -- and I just want to exchange dollars -- -- point we can do that without any intermediary between us but the government regular.
And that I should point out that one government has made it clear it views -- as a legal alternative currency -- -- Germany.
Madonna sauerkraut look at what about that you're gonna put perhaps but not your leader of Germany will -- big point as a form of private money meaning it -- tax profits made by big point companies.
It's from a website called source feed what what does that mean the parliamentarian Germany.
Past the central banker to give a ruling.
On bit a bit -- and they said what everybody expects them to say which is its private money.
And that legitimate to the -- is a bit and it allows them to start thinking about tax implications in this country we haven't seen.
That's for guidance from the IRS yet but I think we'll see at present.
And they'll say it's okay he's sick I think they'll say it's okay because private money is has traditionally been OK in the US if you think about Berkley books from Brooklyn.
Bucks you can exchange about private money is just about the capital gains that -- -- -- Well I hope so because this place that I bought some and I look at the price a bit -- -- it's.
Since they've been introduced boy I wish I'd bought -- last year where I really would have appreciated degree deal.
But lately they've been going op solve.
Who know -- Thank you -- up next I asked Kennedy go to Texas to check out those guns that you can print in your home.
Printing guns though makes people nervous.
Just press print and out pops an iPhone case -- from powdered -- -- -- eighteen carat gold rain and even a replica of a multi million dollar stradivarius violin there.
You've heard about the new 3-D printing and lets you create all kinds of things right at home including some remarkable things.
The team of engineers at the University of Toronto have developed a 380 printer that could dispense human skin to help burn victims.
An engineering Canada recently successfully built a 3-D printed car.
Wonderful all except.
3-D printing upset some people because he -- credit car get pretty -- And in Texas Cody Wilson did just that he called his printing -- the liberator.
Special correspondent Kennedy went to visit.
So this isn't the functional liberator without ribeiro and without a firing ten.
When you polish -- the hammer -- Strengths.
OK there it is that that is the 3-D printing done assembled for a very -- -- -- they -- this it's -- newest threw him under the back.
On the trigger when you feel like you know all right okay ready.
-- tail wind.
It didn't work.
I did not work.
And it felt like about it.
People who work in progress also why you holding the gun and such a strange way it's funny you -- that my brother was a shooting instructor and he would vomit if he found -- but he is watching right now ranked.
There's even -- in that -- in the firing pin and that -- -- selling stable he told and it pulled its far away from my face and body as possible so then nailed didn't go in my -- Even -- weren't and he was backing away on yeah which -- Apartment but they have worked in the past -- -- guns that he made the he got nine shots off one of them before it broke.
Yeah he said that's the most he's ever had and you don't -- a lot of bang for your buck.
This is not so there.
Pockets just fifty it's only fifty dollars -- materials it'll cost and it in this we'll get better it shows that anybody can critics will soon be able to pretty -- and home.
For fifty -- And that's what he wanted to do and with a simple -- and a small space.
He -- changed the debate.
-- he did give you another weapon partially printed and had some metal parts and that did work.
I shot a -- -- parts.
-- -- -- -- you know make you feel better about it and -- say look.
This space is occupied.
Deal with -- so he's the libertarian.
He calls himself -- -- out and market which is basically manner it is really good with computers he's not the only one who's made these -- no other people made and and from what I saw having shot the air fifteen and trying to shoot the liberator.
Air fifteen parts the parts that are banned.
That would be the practical popular application you'll see more people printing parts of -- that they cannot -- Cody isn't secretive about sharing his discoveries he put the plans for the liberator in the Internet.
The State Department then order him take it down and he did but.
By then a 100000 people had downloaded it solved the players are out there government can't stop this.
And that upsets politicians and liberal pundits.
This sort of be stopped.
In your anarchist utopia government will wither and die on the line and we -- all self govern.
Ourselves -- our government we can move forward into a well armed anarchist utopia where everybody fend for themselves with stupid looking plastic guns that sometimes blow up after one shot.
It's a political effort to try to do away with government.
Political effort to do away with the government.
He does -- health and racquet but really he considers himself a -- tour who is moving the discussion forward.
And you know you can't -- the toothpaste back in the -- -- -- the toothpaste back in the -- I'm trying to keep it clean because I know this is a family -- -- apple.
Finally since Cody was the first to do this you ask him if he's worried about being arrested.
Whenever you hear sirens Steve Justice in the coming for you because -- Look we have had real situations a surveillance of cops sitting outside my apartment for months on end the night knowing that we are being surveil I mean.
It's just sending you accept it is to see when they want me to give.
He won't be surprised that they go to prison but he's doing whatever he -- to stay within a lot but -- would he go to prison.
What laws he broke -- Because guns are bad and they will make new lies to make sure whatever he's doing is illegal.
Thank you Kennedy coming up how innovation now lets us even on our own.
Find out right here how government wastes our money.
My biggest fear for America is that politicians spend -- broke.
-- now grab more than three trillion dollars every year we can.
Barely keep track of what they spin it -- innovation and help us here.
Yes says Adam GNMNGST.
-- he's started a website called open the books dot com and how does that work.
-- an open the books that come it is our mission to post on line every dime taxed and spent at the federal state and local levels now in 2006.
There was when Google -- government act -- -- -- this -- to be out there.
That's right it was -- on non partisan legislation it was Tom Coburn the US senator from Oklahoma on the right.
It was the Illinois senator at the time Barack Obama and they got together on this really good legislation and -- post in the federal checkbook.
That's the data that we downloaded reorganized.
And then uploaded into our data comments for the federal checkbook so that was enough.
But they did make it easy to sort through that.
Right we we think that we've we've reorganized and display that data to help regular people for the first time ever in their hometown in their zip code.
Be able to see the massive money flows coming out of Washington DC and when you see -- that massive amount of federal spending in your low -- The most common responses.
Oh my gosh I'm in the wrong business.
And -- tried to figure -- -- look at all you live in Illinois.
And before this it took 26.
Separate Freedom of Information Act requests to find out what your city manager costs taxpayers.
We explored two years ago one city manager in Illinois in a village called Palestine he had 26 market sense of compensation and put took us pointing to separate requests.
-- Illinois alone you were able to find 3000.
Bureaucrats who make more money than every governor of every state.
That's right so I call them the lucky 3000 and collectively -- total taxpayer cost.
Unbelievably they clean off.
So it's it's -- district administrators are -- the state directors of parks is school district treasures out earning the state treasurer.
It is 47 city and village managers out earning every governor in the fifty states in John that pails in comparison to the 400 school superintendents and administrators out earning every governor the fifty states.
Just to pick some examples Thomas Morris the General Counsel of the Waukegan school system makes 229000.
William -- Manages the mass transit in Champaign county 286000.
Dollars a year we we -- did cross the Specter says that I deserve some money.
-- public service in Illinois being corrupted obviously volt has a triple and pay over the last ten years and this is why -- national audience.
Is impacted by it.
This mass transit district in Champaign got sixteen million dollars worth of federal grants.
So you the taxpayer across the country are subsidizing this nearly 300000.
Fashionable salary for this guy.
Now you know maybe he deserves -- he can argue it at least now we know about it that we can have that argument that's right when.
It in there's been real change policy change that has resulted from our transparency on salaries in Illinois.
We highlighted the school district treasurer a year ago and his -- -- pay went from 163000.
The citizens started asking questions and I'm proud to say that last week he was just indicted for allegedly stealing one point five million dollars.
They always want more you you -- -- -- also checked out some cities near your home town.
He found a Lamborghini.
Dealership that got a one and a half million dollar federal loan.
-- then shut down and I feel better about it if I was actually driving one.
A Rolex dealer got three and a half million dollars from the ST this is spreading the wealth to the wealthy and.
And this is the type kind of legal but stupid spending the needs to be -- it.
Now it's only because of technology like this that we know that the farm subsidies are going to.
Rich people like Garrett Ted Turner and Michelle Bachman family and well here in New York City half a million dollars has flowed into the Rockefeller family on from subsidies you have this map that shows all the people.
Outside this studio within five miles -- -- farms here but they're getting farm -- and we find this in a five mile radius around the White House.
A five mile radius around fox headquarters here in Manhattan.
This is not about the family farm what it is about.
Are wealthy investors that have made the farm -- -- in government programs part of their investment plan.
This is your latest thing it's on.
And I'm asking citizens across the country to simply keep your zip code into the free -- and open the books.
And and see where the federal government is spending your tax dollar.
Something for you to Gil and thank you Adam good luck we'll see what happens with that coming up some fear new technology.
I -- more fearful of something.
Pit stops it.
Stops good things like this.
I'll explain next.
The novel 1984 scared people.
Innovation and technology might lead to government spying on us everywhere.
Big Brother could watch.
And now we've learned that in real life the NSA might already be -- that phone in your pocket right now might be big government spying device.
Scary new technologies can be abuse.
But the fear of innovation is often ridiculous.
The media -- over the Internet will make us stupid.
That it will kill serious journalism and kill creativity that don't mind.
Technology we are still think a lot of creativity.
With this technology dependence of the downside of the Internet the only news delivery system we've ever had that has no editor.
Well that's true roll but I say stop whining overwhelmingly.
Innovation -- this good things.
Today anywhere in the world I could put this piece of plastic into -- long haul.
And -- come out.
I take it for granted but it is amazing and the cult is always accurate.
Government couldn't do that government can even count votes accurately.
Instead government often get to the way of new technology.
I cannot drive this wonderful amphibious Carter -- Because government regulation won't allow it.
Government regulators delayed driver less cars.
And stifle those wonderful web sites which allow people to make money by sharing your house or your car.
And regulators banned wonderful things like prediction markets they shot in trade down.
By contrast private innovation gives this miracle that we don't even think about.
EBay and Craig's list and FaceBook.
We take free encyclopedias.
For granted now.
We don't think twice about the miracle that today most every one has access to all the world's knowledge.
I'm a little follow.
Once if you wanted to find out if a product or restaurant isn't good you'd have to ask a friend underweight for a local newspaper to review it will hurt just yes.
Now this crowd sourcing it just go to web sites like Yelp for urban -- and you know instantly.
-- to -- -- Hollywood producer.
Crowd funding lets you get around those once all powerful movie studios when the TV show Veronica Mars was canceled the star went to the area.
This is our chance to make it Veronica Mars -- -- -- nine -- 1000 people donated enough money to make a Veronica Mars movie.
Now Spike Lee and Adam Carolla -- crowd fund their next movie.
Innovations changed the way we reach out and touch people when I was a kid was a big deal expensive to call someone far away.
Don't let those new friends get away a telephone call now and then we'll bring them closer.
They're waiting to hear from you.
Now though for free we can do video chats all the way to the other side of the world.
The -- that's even -- help people find law.
When you want to find someone who is truly uniquely right for you.
University Chicago studies -- 35%.
Of new marriages now start on line.
In a free market a symphony of desires come together.
And there then met by people who constantly -- their brains to invent solutions to our desires.
And this innovation is just wonderful.
I rarely -- new technology I feared government getting in its way let's not let.
That's our show see you next week -- not.
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