Skip to main content

tv   Full Court Press  Current  May 18, 2012 3:00am-6:00am PDT

3:00 am
v
3:01 am
3:02 am
3:03 am
3:04 am
3:05 am
3:06 am
3:07 am
3:08 am
3:09 am
3:10 am
3:11 am
3:12 am
3:13 am
3:14 am
3:15 am
3:16 am
3:17 am
3:18 am
3:19 am
3:20 am
3:21 am
3:22 am
3:23 am
quote
3:24 am
former mayor of san francisco is coming to current tv. >>every night on cable news networks everyone's focusing on what's wrong. i want this show to move past that. i love creative people, and with all the vexing problems we have we need creative thinking. >>(narrator) with interviews with notables from silicon valley, hollywood, and beyond. >>at the end of the day this show's simple. it's about ideas. ideas are the best politics. ideas can bring us together. >>(narrator) the gavin newsom show. premiers tonight at 11 eastern/ 8 pacific. only on current tv. ♪
3:25 am
♪ >> radio meets television the bill press show, now on current tv. >> 25 minutes after the hour. if you check out our website at bill press show.com, find our prepodcast prepodcast, our conversation with congressman steve israel head of the dccc democratic congressional campaign committee and, also, our interview with senator tom harkin both interviews in studio both up as a free podcast at the billpressshow.com. talking about a big report from the census bureau this week saying we are now on our way to becoming a minority majority nation. by the way, i did find and now i can't find them again, but there are four states that have -- what the hell did i do with that? texas, new mexico, california. >> arizona. >> arizona and the district of columbia are the four states and
3:26 am
the district of columbia march minority majority districts or areas. harriet is calling from jacksonville, florida. >> good morning, bill. >> what do you think about this? >> i have two points. first of all i think that no matter how much of a minority of color have become, they will never be treated as poorly as we of color have been treated. my only point is it's only the bigots who are afraid. i think decent people like yourself are not afraid. people are people. people with a brain understand that. >> well, i think it's also people maybe who don't have enough self confidence. right? you know, they are afraid if they don't have that add vantage of the white skin which has been a big advantage in this country for over 200 years.
3:27 am
>> i am not afraid of of that. good to here you. sorry we vicinity treated you better. brandon is in everett, washington. >> hey, bill. how are you doing? >> good. >> what you are saying, i don't know why people are surprised like you said, the bigots, those who are worried about keeping power, they knew that eventually this was going to happen. >> that's why you have such a pushback against illegal aliens. i guess they figure the more illegal aliens they can stave back the day whites become a minority. you know it's a consolidation of corporations as well so you can consolidate power like they did in south africa. >> you know brandon, i think what we are going to see is we are going to see also, an evolution in the policies of the clunks. >> that's going to change. that change is for the better.
3:28 am
john ward from huffington post. next. and then back to your calls. >> this is the bill press show. ♪ they're just turning cameras on and we just do our thing. >>politically direct to me means no b.s., the real thing, cutting through the clutter. i'm energized to start my show everyday because it's fun, because i care about what's going on in this country, rather than some sort of tired banter it is actual water cooler talk it's the way people really talk about these issues. we've always considered ourselves a comedy show. let me just say i am not ready for my close up. i think it's important to laugh. i think it will be exciting, because you can't script three hours of radio. what is going on? i can't tell you how many times right wingers call the show and say, "i don't agree with
3:29 am
anything you say, but your show is funny as hell." the only thing that can save america now, current tv. can i say that?
3:30 am
3:31 am
>>(narrator) gavin newsom, lieutenant governor of california, and former mayor of san francisco is coming to current tv. >>every night on cable news networks everyone's focusing on what's wrong. i want this show to move past that. i love creative people, and with all the vexing problems we have we need creative thinking. >>(narrator) with interviews
3:32 am
with notables from silicon valley, hollywood, and beyond. >>at the end of the day this show's simple. it's about ideas. ideas are the best politics. ideas can bring us together. >>(narrator) the gavin newsom show. premiers tonight at 11 eastern/ 8 pacific. only on current tv. >> ♪ >> this is the full court press, live on your radio and current tv. >> indeed 33 minutes after the hour now. it is the full court press on a friday, may 18th, good to see you today. we are coming to you live from our nation's capitol brought to you today by the utility workers union of america. good men and women of the utility workers union under president michael langford providing a brighter future for
3:33 am
us well. their website, check them out at uwua.net. we have been talking about the news from the census bureau that the united states is well on its way now to becoming a minority majority majority. we will go back to your calls at 866-55-press. first wanted to check in on the latest political news with the senior political reporter, john ward, good friend of the program. john, good morning. >> hey, bill. good morning. happy friday. >> all right. happy friday. first i want to ask you about the "new york times," this explosive story that joe rickets was going to launch his own super p.a.c. all based on president obama's then barack obama's relationship with jeremiah wright. what happened to that whole thing?
3:34 am
blew up yesterday? hum? >> yeah. now that it's out there, they obviously aren't going to touch it. it's kind of hard probably without a little bit more information to know whether they would have gone with it. i don't know. i have to say, you know, fred davis is the guy whether or not wrote the whole thing. he doesn't lack a flare for the dramatic. so, you know, i am talking to folks on the republican operative side. i think that a lot of them either rolled their eyes or are irritated at fred davis for being fred davis. he is, of course the guy who did the fuming chief ad, the hoekstra ad with the asian woman in the background. he's just, i mean i just i am not sure how much longer people
3:35 am
are going to take this guy seriously. >> this is his style. people are asking is this not a direction they want to go in the romney campaign or whether they got caught? >> right? >> somebody leaking it to the "new york times." >> i think it's an open question. i don't think that the romney campaign would ever want something like this to be associated with them. whether they would want it to come out from a group that couldn't be associated to them, it's an open question. you can argue it pretty strongly either way. certainly in talking to the folks in and around that campaign, you know, there is a logical case to say we don't
3:36 am
need this. >> you have been on the campaign trail with mitt romney yesterday, campaign seemed to -- i don't know whether you were there or not at that point, but they didn't want reporters to get anywhere close to romney, and they got actually physical about it. what's that about? >> i think they are trying to put themselves on the same footing as the president who doesn't have, you know it's the president insulated by security. >> right. >> they wanted to have the same sort of buffer, and i think that's what's going on here. and they did get caught on this one and they, you know, quickly stepped off of it. have you seen the video? i mean their video is a full representation of how it consisted of a female stamp putting arms out. >> yeah. >> but the point is that they were trying to tell reporters,
3:37 am
you can't ask questions, can't go here to ask questions. it wasn't the secret service. the secret service as far as i know is the organization that keeps reporters at a distance around, you know, from the president, and their situation. it's a different situation. >> it's always going to be no matter how careful they are, there is a big difference between being a candidate and being president of the united states. >> undoubtedly. >> you have to deal with it. the other thing i wanted to ask you about, i've got a copy of this monk's "the hill" newspaper where their head story is team romney beginning to vet his "veep" picks. they have identified rob portman, mark yes rubio from florida and paul ryan.
3:38 am
really? >> i don't get the sense paul ryan is in that group. i could be wrong. my approach to the whole vp thing has been to do a -- you know announced in the beginning a couple of weeks ago and i am check in but i don't think this is such this is like a nukelar code. process. i think a lot of the things you will hear and see in quote/unquote report okay this will be highly speculative and thinly sourced. i could be wrong. >> let me ask you this? >> i talked to beth myers a week ago for a good portion of time. people who will know what's going on, it's very few. >> she is the one that's running the process? >> yeah. >> so the vetting process, however, is underways.
3:39 am
correct? >> i imagine after sarah palin, it will be a pretty thorough vetting process? >> that's true. the politico story about them wanting to avoid the mccain mistakes is spot-on. i mean they, when they talk about the vetting process, they talk about sara palin. they talk about making sure that they are fully prepared, that they are fully vetted for every potential pick, you know, long before they need to make a pick. even the people who are in this process, even the candidates are agreeing to not talk about whether they have been vetted. >> do you think chris christie ought to be on this list as a top prospect. >> on the list.
3:40 am
i think you can't keep him off of the list. >> even if you tried. right? >> well, yeah. the video he put out with booker. at the end, if you viewed it a certain way, you could say he was putting himself out there for vp. ? >> i don't think there is any doubt about it. the more he talks about, the more i think he is. john, i miss seeing you around the white house. good to catch up with you. thanks so much for your time and your good work on the hill. jon ward senior political writer for huffington post. follow him on huffingtonpost.com huffingtonpost.com. back to our discussion on the big news out of the census endure 0 for the first time in the history of this country, kids, little babies under 1-year-old infants babies under 1-year-old. for the first time, there are more minority babies than white babies. uh-oh, corine call from
3:41 am
sacramento. what's it mean to you? >> i wanted to talk about these bigots minorities throwing this bigot word around. i find it kind of odd that obama moves all of these women and children into nicer areas and they haven't worked for it. they are on welfare because maybe four or five kids. >> whoa. president obama is moving women and children into nicer areas? what are you talking about? >> i believe it started about three, four years ago when in august, i believe it started with the acorn group was involved. >> where did you get this? what do you mean moving people? what do you mean? moving people around to different areas? >> well from the ghetto areas into nicer areas. >> what is your evidence?
3:42 am
what is your source for that? what is your evidence of that? >> i have actually lived in -- a good example, my mother worked very hard to keep us -- >> no, corine. >> that's not what i am asking. ♪i am crazy for feeling. >> for moving people around from area to area? >> not moving them around necessarily. >> that's what you said. >> to nicer -- into nicer areas. >> that's what you said. moving them into nicer areas. >> opposed to -- and keeping them in the ghetto. he wants to have them with more opportunities. >> corene, are you sure you are calling from sacramento and not from like mars maybe or somewhere? i mean, come on, corene. this is absolutely nuts. absolutely crazy. absolutely untrue. absolutely baseless. absolutely nothing to it. stop listening to rush limbaugh corene. >> get off of my phone, you
3:43 am
little pinhead. ♪ >> radio meets television. the bill press show. now, on current tv. ♪ >>just wanted to clarify that. it's go time. >>every weeknight cenk uygur calls out the mainstream media. >>the guys in the middle class the guys in the lower end got screwed again. >>i think you know which one we're talking about. the overwhelming majority of the country says"tax the rich, don't go to war." >>just wanted to clarify that.
3:44 am
[ mocking tone ] i'm ms. brown. i'm soooo chocolatey. i'm giving away money to make people like me-eee -- is what he said. and i was like "you watch your mouth. she's my friend." friend is a strong word. [ male announcer ] chocolate just got more irresistible. find the all brown bag and you could win!
3:45 am
>>we're just getting started. (vo) the state of the 2012 campaign.
3:46 am
♪ >> listen and watch the bill press show on your favorite radio station and now on current t.v. this is the bill press show. welcome to the spin room. >> lots going on here. friday morning wholly mackerel. we are going to go into the spin room. we are going to get back to your calls about the minority minority -- minority/majority
3:47 am
nation we have. we are not yet there. we are there for kids under 1-year-old. but we will be there for the entire nation by 2042. 866-55-press. >> that's where we take your calls. but first, a little reminder, and a little bit advice if you are looking to make some extra money because you need some extra money at the ends of each month, let me recommend that you check out income at home.com. they are america's leading work from home business. you heard me talk about them before. a great company doing business today in over 80 countries. so they know what they are doing. they have got -- they can help you out. all you need is a little extra time, a little coaching that they can give you. and then, you can actually literally be earning money from your own laptop, on your own kitchen table at home 24/7. so check them out. at least check them out. if you are sick of living paycheck to paycheck, worried about job security or
3:48 am
retirement, ready to make some extra money from home part-time or full-time, income at home. they are adding my listeners in record numbers, giving away a thousand dollars today for check canning them out. somebody could be you. so go to your laptop and check them out or your desktop, income at home.com. >> that's income@home.com. into the spin room yes it was mitt romney yesterday. he said he repudiated that planned campaign attack ads against president obama for his relationship with jeremiah wright. and some reporter said, well wait a minute, back in 2008, you raised the subject of barack obama and jeremiah wright. so do you repeated 80 that as well -- repute 80 that as well? no mitt romney says i don't remember what the hell i said but i still stick with it.
3:49 am
? >> i am not familiar precisely by what i said but i stand by whatever it was. with regards to i will go back and take a look at what was said there. ? >> i stand by what i said whatever it was. >> what a perfect statement from a politician. yeah, whatever it was i said i am sure i stand by it. >> can you imagine barack obama saying that? he would be crucified if he said something like, yeah i stand by what i said, whatever it was. i don't know what the hell i said. i have no idea what i said but i stand by it. >> i am actually -- i haven't -- i am not familiar precisely with exactly what i said but i stand by what i said whatever it was. >> that's one of the classic statements of all times. that's great. >> yeah, i want to see that on his tombstone. >> that's his epitaph. i stand by what i said. >> whatever it was. >> whatever it was.
3:50 am
write that down. man, save that tape, peter. we are going to hear that one again and again. the census bureau shaking some people up, pat buchanan, the last time we saw where he was sitting on the ledge of the george washington bridge threatening to leap if this story from the census bureau, they got the suicide watch out on pat buchanan this morning after the census bureau came out with with the statement about becoming -- the u.s. on our way to becoming a majority minority nation. will youie out in long beach, california. hi, willie. >> how you doing, bill? >> all right. >> my point is that the way the census categorizes people is that even though you may have half european american half hispanic, they are entirely minority. categorizewise, you put them into a minority category. but really they are half white,
3:51 am
half brown. >> but they are not all white. right? >> correct. correct. ones you get a little coffee in the cream, cream in the coffee. when they talk about a melting pot, it's a blend, you know. go on and on and you get more interracial mingling, you are going to have more of a behind of -- blend of these mine or at this, creating minorities. >> you are right. if you go to the website right, the census bureau and look at how they break down the races? right? it's not like all white, all black, all latino. you have all of the possible combinations. right? latino, black, white, white latino dah dah. you can think of all of the different combinations but the point is, you know, for the again buchanans, pat buchanans of this world, the only pure race is a pure white race no mixed race whatsoever. pamela, thanks. willie. pamela in barnesville, georgia.
3:52 am
hey, pamela. >> good morning. >> does this have you frightened? >> no. 30 years, 2042. i will be at retirement age, about 67. i am actually looking forward to it. we had to know it would come to this because look at where we are. we are so diverse right now as it stands. and in 30 years, i am hoping that what it will do is calm things down. there won't be so much tension and animosity where other people looking different from who you are. you know, for having the same set of values. there is so much thinking in the workplaces and in schools and with teachers and just too much right now. >> yeah. >> everything is so explosive. this is too much. i am hoping when it comes to that point, things will calm down and everybody will look at each other like, hey we are human beings. most of us are christians and god-fearing people and we can all be more progressive and have
3:53 am
a better positive attitude than moral level as a it country. >> i think that's true, pamela. yeah, we are all americans, all in this together, all the same dreams and same goals and hopes. i think it will calm things down. we will be a lot more comfortable with each other. so, god bless america. amen. ♪ >> this is the bill press
3:54 am
[ male announcer ] cookies with smooth caramel and chocolate. ♪ ♪ hmm twix. also available in peanut butter.
3:55 am
(vo) don't miss your chance to catch the premiere of the gavin with special guests: >> i'm lance armstrong. if somebody put my back into a corner, i'm coming out swinging. ♪ >> taking your e-mails on any topic at any time, this is the bill press show live on your radio and current tv.
3:56 am
>> we are going to take a look at the big facebook offering at the top of the next hour here meanwhile, boy, we got into it yesterday, is it a hogie, a sub, a grinder, pat rick mckenna says grinders are hot hoagies. i am not sure of that. >> i am not so sure of that either. >> uh-uh. on the cubs the strictetts jeremy wright campaign one cubs fan says the cubs can kiss their remodeling of wrigley field, taxpayer, not a smart idea to go across rom. >> since 1967, after reading that, i will no longer buy tickets or cubs items. i know it's not the team's fault but i can't support anything that might help the ricketts
3:57 am
family. it back fired, joe ricketts. >> this is the bill press show.
3:58 am
♪ hey, hello, everybody. good morning. good friday morning. friday may the 18th. this is the full court press. welcome to the program. good to have you on board as we tackle the big stories of the day here in our nation's capitol, around the country around the globe and give you a chance to talk about it at 866-55-press. i am liberal and proud of it. lots to talk about this morning,
3:59 am
including what we have been focusing on our first hour together, the census bureau telling us that for the very first time here in the united states, a majority of babies are minority babies and we will be a majority minority nation by 2042. i think it's great news but they have had to put a suicide watch on pat buchanan. we will talk about that and a whole lot more but first, we start out by getting the latest, our current tv news update today, jacki schechner in los angeles. >> hello, bill. good morning, everyone. police believe trayvon martin's death was ultimately unavoidable if george zimmerman would have stayed in his vehicle. >> that's according to a report released late last night as part of a series of new evidence. the evidence includes nearly 200 pages of reports, still photos and two sets of surveillance video including this one from a convenience store where martin bought a snack. the other video was from the townhouse complex where
4:00 am
zimmerman shot trayvon martin. the evidence includes martin's which shows there are traces of thc in his system an he was shot between 1 and 18 inches away. two police reports within the evidence show that zimmerman had a bloody nose or face and nose and several witnesses came forward backing up zimmerman's story that martin allegedly assaulted him. in other news, a romney campaign will air its first advertisement of the general election campaign starting today cnn reports that the mitt romney camp spent what was it? 1. -- i don't even have the number. it was t.v. time rather in battleground states, ohio virginia north carolina. i will get that number for you. romney tailings reporters it's a positive ad that will tell what he will do once he is elected president. the romney campaign is spending more energy on hispanic voters. he has been criticized for not doing enough, hiring a spanish speaking spokesperson or website. today, we got our first spanish
4:01 am
e-mail and it announces the ad titled "day 1." i will be back with more news and more bill next hour. [ kristal ] we're just taking a sample of all our different items in our festival of shrimp. the crab-stuffed shrimp are awesome! tequila lime tacos. [ man ] delicious! [ male announcer ] it's festival of shrimp! for $12.99 try any two shrimp creations like new barbeque glazed shrimp. offer ends soon. we're servers at red lobster. and we sea food differently.
4:02 am
and there's lots of cool stuff happening with progressive mobile. great! tyler here will show you everything. check out our new mobile app. now you can use your phone to scan your car's vin or take a picture of your license. it's an easy way to start a quote. watch this -- flo, can i see your license? no. well, all right. thanks. okay, here we go. whoa! no one said "cheese." progressive mobile -- insurance has never been easier. get a free quote today.
4:03 am
it takes people with real knowledge to build and maintain a race car. polymers, hydo-carbons, thermal plastics, math and science? you bet it is. many kids don't understand how important these subjects can be that's why time warner cable developed connect a million minds. to introduce kids in our communities to the opportunities
4:04 am
that inspire them to develop these important skills. how can my car go faster? maybe your child will figure it out. find out more at connectamillionminds.com ♪ broadcasting across the nation on your radio station, and on current tv. this is the bill press show. >> $104,000,000,000. >> that's what facebook starts out as. hope you've got a piece of it. hello, everybody. good friday morning. it is friday may 18th. great to see you today. this is the full court press. we are booming out to you live from our nation's capitol and bringing you the big stories of
4:05 am
the day. most importantly taking your calls and giving you a chance to tell us what it means to you and to your family. whatever corner of the nation you live in. you know how to join the program, take your seat at the table. give us a call on our toll-free line at 866-55-press. here we are end of another week on current t.v. and on your progressive talk radio station. good to have you with us today as we go into the weekend. not so fast. we have a lot more to talk about before we get there. peter ogburn is still flying the 747 this morning. >> i am. >> dan henning flu the coop earlier this morning. we have stevie lee filling in. >> love your confidence in me. thank you. >> one hour into the show. >> picture perfect. >> everything good. were you hanging out with prince charles when he was in town? >> absolutely. absolutely. i was helping him move his
4:06 am
weather forecasting. >> that was charles. no. who was northwest town? harry was in town. >> harry. oh, yeah, yeah yeah. >> because we all know stevie only came in this morning because he thought we were testing the scotch out again. >> i really did. i really did. where is it? >> disappoint you. >> sorry. >> that's it. i'm off. >> cyprian boulding, our videographer here, hard at work bringing you the big pictures of the day. so we all know that david letterman is not a big fan of jay lenos. they have had this rivalry going on. we didn't realize how long it goes back until last night, conan o'brien, interesting, late night talk show host appears with late night talk show host. >> very interesting, very, very interesting. >> that would can be like my buddy joe madison appearing here with me but he can't because joe madison has his own show on at the same time. right? >> conan o'brien went on with
4:07 am
david letterman. he could use the expos you're because he is on t.v. he is on a little bit later than letterman but there is some overlap in terms of when they are on. >> no. i am sure it was to conan's advantage. it turns out they have one thing in common. they are not only both late night talk show hosts but neither one of them like jay leno. as david letterman points outs it goes way back. >> i have known jay a long time. we have go back to the mid 70s at the comedy. jay was always the guy the funniest guy. he was the guy. he was the guy you would go to see. he was the guy you wished you could can more like. he was funny. he was also a bit of a brat. a bit of a brat. >> uh-huh. >> and so then oh, you know when this came along, i said to myself, oh yes. this is the jay i know. >> yeah. right. when all of this came along. a bit of a brat. i am surprised he didn't use a stronger word. >> he has used stronger words in the past. >> maybe off of the air.
4:08 am
>> i am sure he did. >> i could imagine. hey, we have a lot coming up. congress woman barbara lee from california in studio a little bit later this hour. congressman peter welch from vermont in studio in the next hour. we will kick off this hour by talking about facebook, what to expect today with geoff mackey from gentlemanyahoo finance. >> this is the full court press. >> here is what's making news. they say the record industry is slowing down. british songstress adele passed a huge milestone sales of her album "21" officially passed 9 million copies in the united states alone. it has been out for 63 weeks. >> whoa. >> it has never left the top 10 of billboard's music charts. >> that's pretty darn impressive. and she won a slew of grammy awards for the album. we expect to hear from her next she is working on a new song for
4:09 am
the upcoming james bond movie, sky fall". >> those are downloaded? people are not walking into record storieses and buying cds any more? >> cds are still made. people still buy cds. >> really? >> really. >> okay. >> yeah. >> we can rebuild him. we have the technology. a team of researchers at brown university have developed a robotic arm to assist the disabled and after much work they have unveiled an incredible -- their incredinal results, braingate ii. the whole point is to help disabled people whom have lost control of their portion of their brain to allow them to control their arms with it. >> i saw video. it's amaze what they can do. >> times are tight for lt. yesterday, lawrence taylor one of the new york giants most iconic players and tragic figures put his ring up for auction. he is seem seeking between 75 and 100,$000 for the piece of
4:10 am
jewelry. it is billed as, quote phenomenally important momento of one of the greatest weibull players of all timefootball players of all time. it is with lawrence taylor's name engraved. $67,000. >> selling on ebay? >> yeah. >> really? >> you could go get it. why not? >> okay. i tell you why not. i am saving my money for my facebook shares. it is one of the most anticipated openings, i am sure, in the history of wall street. facebook going public today. geoff mackey who writes for yahoo finance has been following this story and writing about it and joins us this morning on our news line. hey, geoff, good to have you with us. >> thanks. it's great to be here. >> all right. so the facebook goes public today. what are the expectations? >> well, the expectations are
4:11 am
mania, i guess. >> right. >> i think we were going to come in light of mainnia. i think it will be creeping. they put a pretty hefty valuation on it. they are not allowing market orders. you are not going so see that dramatic spike on the uptick but folks who have come in there with a reasonable bid at the start of trading, which should keep things relatively said ate. by "relatively," i mean not anarchy in the streets. >> when you say those who came in with reasonable bids at the opening, these are mainly big institutional investors who have already kind of put in their orders. is that it? >>. >> no. the institutions couldn't get far enough way. they are hending it with tender hooks. if you have a brokage account to buy it, you would have to put a price on it. if you do a market order that means you will accept what the
4:12 am
market will give you. that's how you see the huge spikes in ipos. in this case you are going to have to tell the markets, i will bit $50 a share, $60 a share and that should keep things reasonable in terms of the opening chaos. after that, all bets are off. >> i have seen the number 34 or 36. have they set it like an opening bid? >> they bump it to 38. >> 38. >> it's $104 billion valuation on the company, which is right up around where they started when this thing got priced, they were trotting around saying around $80,000,000,000. that has creeped up quite a bit. they upped the range earlier this week to 35 to 38 and then they came up right there at 38 for the pricing last night. >> what percentage of the company is being -- is going public? >> i believe it's about 18%. so roughly 15th of it is going to be taken out. on that number, it has grown as well. it's interesting that the institutions as the public as increased their demand for it, the institutions are i know creasingly willing to sell.
4:13 am
so you are buying an asset from very smart people with more information than you if you go out and buy this ipo. that's generally not a recipe for huge success in the investing world. you would rather buy from rese less rational people than those selling this thing this morning. >> i am surprised to hear you say, so if i were -- which i am just an individual investor. right? and i called my broker this morning and said, i wanted to buy some facebook, at least it's possible that i would be able to pick up, you know, 10, 15, 100 shares or one share? >> absolutely. >> that's what ipos are all about. as long as you are patient with them, willing to put in a price and get that filled you could be part of the face book experience, which is why the hype is you wanted to buy this thing and they love the product and they have been kind of addicted to it and they are just dying to have this in their portfolio. and so, you are going to see a lot of those bids 10, 15, 20s
4:14 am
sharps, people who just want to have this on their book and say i was part of this experience. es, people who just want to have this on their book and say i was part of this experience. it's like buying a concert tee shirt and much more expensive and dangerous. >> the one thing i have heard, i was curious, among the silicone value people. some people feel that this is -- facebook is not the newest thing on the block any more. this field is moving so fast. so does that -- it doesn't seem to negative actively impact their appeal though. >> no. no. at this point, they get warned that they had toxic waste dumps every time it showed up, people would still want to buy their stock. they have come up with every warning you can. it's more mature company than you typically see with an ipo. >> yeah. >> it's allegation compared to google which was previously the biggest tech i po. google was less popular.
4:15 am
they have 12% signed up for the service which limits the people who will sign up for it in the future. they have to mon ties that,etize that,. they are smart guys. they probably will. you are not getting in on the ground floor on this thing. it's a fairly mature company. >> talking facebook with geoff jeff jeff macke mark zuckerberg will walk away a pretty wealthy man. >> loaded for bear 28th birthday present, he gets to be worth $28,000,000,000 or something? >> a billion dollars a year. hum? >> not bad? >> that's not so bad. buy a nice big cake for him. the wrap on him or at least the reputation is that he is really not driven by money. if you gave me 28 billion, i would probably not be driven by money. he has built it more as a social
4:16 am
experiences he says right there in the filing documents rather than something to make money. that may or may not be great for investors. the entire facebook return is going to be based on mark zuckerberg, he controls the company from a to z. they don't do anything without his say-so mark zuckerberg. it's the mark zuckerberg experience for better or worse. >> if 18% is going public so that's 1/5th of the company, who owns the other 4/5ths. >> mr. zuckerberg owns a lot of it t some are hold okay to shares, some who put seed money in. and, you know, just board members, insiders, the quentssential insiders, people who got in early. you are seeing a lot of folks like goldman sachs are dumping out of this thing entirely but many of the institutions will continue to hold these shares. it will be -- there is a lock-up here it will be 90 or 120 days.
4:17 am
something like that. 36 months before insiders can start selling again. i am not so sure that's going to happen this time out. but look for that 18% number to get a little larger throughout the year. >> and i want to ask you finally, being edwarduardo saveren one of the co-founders originally from brazil, came here, went to school met mark zuckerberg, made, you know one of the co-founders of facebook renounced his american citizenship, become a citizen of singapore and chuck schumer yesterday introduces legislation saying people like him who renounce their american citizenship are never welcome back to this country. >> yeah. i am not sure if mr. schumer has a right to decide whether or not you put up a banner welcoming him back or not. while i appreciate the idea of that and i am not crazy about what mr. saveren did. i think it's kind of appalling.
4:18 am
>> do you think he did it to avoid paying taxes? >> he did pay an actual tax on it. he has paid quite a bit of taxes. i think he should stick around and pay his taxes but i think we have better things to do in terms of financial reform j.p. morgan lost 2 billion and counting, still have the mf global guys roaming the earthly after stealing 1 dotted 2 billion from farmers and depositors. we have better things to do with worrying whether a facebook founder. i appreciate the outrage, under the outrage. i am outraged on stuff we haven't done anything about. >> in 2008. right? >> exactly. i am outrage over 2008. last year, 1.2 billion goes missing. i haven't seen mr. corzine on the stand at all. now we will have to spend our attention on whether this guy made this on face book ever comes to visit us again. >> enjoyed your writing a long time. >> good to talk to you. go for the lawrence taylor ring. sounds like the best. >> that might be better than
4:19 am
facebook. >> an investment. >> absolutely. about even. >> all right. thanks jeff for yahoo, finance.yahoo.com. >> maybe for the show instead of buying lottery tickets, buy a few face book shares. >> not much different. >> my broker up early this morning? hello. do i have a broker? >> wake up. ♪ >> this is the bill press show. newsom show. with special guests: >> i'm lance armstrong. if somebody put my back into a corner, i'm coming out swinging. catch the premiere of the gavin newsom show. with special guests: >> i'm lance armstrong. if somebody put my back into a corner, i'm coming out swinging.
4:20 am
if you have copd like i do you know how hard it can be to breathe and what that feels like. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free. spiriva does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva.
4:21 am
discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens your throat or tongue swells you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with copd weigh you down? ask your doctor if spiriva can help.
4:22 am
>>(narrator) the sheriff of wall street. >>the leadership of high finance just doesn't get it. >>(narrator) the former governor of new york, eliot spitzer is on current tv. >>somebody somewhere can listen, record, track, gather this data. >>arrangements were made. >>(narrator) independent unflinching. >>there is a wild west quality to it that permits them to do whatever they wish. >>(narrator) and above all politically direct. >>facts are stubborn things.
4:23 am
>> this is the bill press show, live on your radio and current tv. >> hey it's 25 minutes after the hour. congress woman barbara lee from california in studio with us the next half hour in the neg segment. something we were talking about with jeff macke. this is the case of edwardo savren, one of the friends of mark zuckerberg one of the founders of facebook, and he is now worth not as much as mark zuckerberg but billions of dollars and he has decided to in the spirit of facebook, to defriend the united states. yes. he is leaving. he has left the united states. now get this so he came from brazil. his parents brought him up here as a kid from brazil to seek a better better life. they got a better life. took advantage of all of the opportunities in the sglunings, god bless them. god bless americau.s., god
4:24 am
bless them. god bless america goes to harvard hill? >> i can't remember. a school i won't get into. >> where he met mark zuckerberg. he has grated opportunities >> family has done well. he makes all of this. and 0, man, screw that. i am not going to pay those taxes. i am leaving. he avoided $67 million in taxes by going to singapore and becoming a citizens of singapore. chuck shoechumer yesterday said here is the legislation he has introduced to deal with these ex-pats. >> our proposal would say if an american who has either $2 million in net worth or an average income tax liability of at least $148,000 over the last 5 years and then seeks to renounce his or her citizenship, they will be presumed to have renounced their citizenship for tax avoidance purposes. >> got it. he is clearly just leaving because singapore has no capital gains tax. he is leaving to avoid that and
4:25 am
$67 million that would otherwise have to pay here he would still have like $5,000,000,000. what the hell does he want? bob casey, the co-sponsor of this bill with chuck schumer put it great >> he'swe've got troops overseas sacrificing on our behalf every day. mr. savren spits in their eye. he spits in the eye of the american people when he does this. >> that's exactly what he is doing. so i just, you know, i agree with jeff macke. why haven't we done anything about those wall street executives who almost destroyed our economy in 2008? why aren't they in jail? what happened to john corzine? why hasn't he been on the stand? what about jameie dimon blowing $2,000,000,000 last week? there are things we ought to focus on. but the schumer legislation is great. go after these tax cheats like edwardo savren. i would go further, drag his ass back here and make him pay his
4:26 am
taxes. he earned it here. what the hell. >> this is bill press show. ♪ lieutenant governor of california, and former mayor of san francisco is coming to current tv. >>every night on cable news networks everyone's focusing on what's wrong. i want this show to move past that. i love creative people, and with all the vexing problems we have we need creative thinking. >>(narrator) with interviews with notables from silicon valley, hollywood, and beyond. >>at the end of the day this show's simple. it's about ideas. ideas are the best politics. ideas can bring us together. >>(narrator) the gavin newsom show. premiers tonight at 11 eastern/ 8 pacific. only on current tv.
4:27 am
4:28 am
4:29 am
4:30 am
♪ >> this is the bill press show live on your radio and on current tv. >> hey, happy friday, everybody. friday, may 18th. how about it? good to have you with us today on the full-court press as we come to you all across this great land of ours from our nation's capitol, brought to you today by the international association of machinists, good men and women of the machinists union under president bob bivinebarger. you can find more about their good work at their website,
4:31 am
www.goiam.org. we tell you, we are on capitol hill just down the street from the united states capitol building. so we are always pleased to welcome members of congress and the united states senators on their way to work, stopping by the studio here and stopping by this morning. good friend for a long time from california, congresswoman barbara lee from oakland hey congresswoman. >> good to be here. >> good times together on the desperatic party. >> yes. yes. >> shaking things up. >> yeah. we had a briefing at the whitehouse about the g 8 submit and afghanistan which you and i have talked about before. first, i have to ask you: so the house of representatives this week 222 to 205 voted to extend the violence against women act, but most democrats voted against it.
4:32 am
why? >> sure. most democrats voted against it because it really was a very bogus bill a bill that i called the poison pill trying to play catch you, got you in the bill. of course we all, you know, believed that we have to pass the violence against women act. i carried the california violence against women act. i know about domestic violence from personal experiences. so it was a very important bill to pass. but what they did was three things. first, they took out undocumented immigrants as part of the population that would be covered. they allowed for native american women to be abused by people who come in to the native land and then took out lgbt populations they tried to make it appear that democrats were for violence
4:33 am
against women and the republicans were against it. >> yeah. >> so in other words, they basically took those three categories of women and said we are going to protect all women except these three and these are like fair game absolutely. there is no way any rational person, any person who cares about making sure women are protected from abusers or anyone is protected from abusers, there is no way we would let that go down. and so, you know, you have both which again, this is very sinister. this is how the tea party's republican congress operates. they put up these votes. they try to make it appear that they are the ones on our side, on your side, on the side of women and on the side of the people when really they are not. >> yeah. >> it seems to me they spent all their time playing these games, used to call them poison bills they never are going to go anywhere, make make a big deal. >> that's all they are doing here they are politicizing very important issues that we should be really addressing and of course they are doing nothing about jobs.
4:34 am
>> i was saying that next. i remember clearly, pardon me back in 2009, john bajner put us in charge and jobs jobs. >> that's all we are going to work on is jobs, jobs, jobs. well, it's almost two years. >> you can forget that. they haven't put up one jobs bill and the jobs bill that we put up, in which the president puts up they either kill or don't allow to come to the floor. so i hope the american people really understand what's taking place here in washington d.c. this is an obstruction of the republican tea party congress. they care about the 1% only and they are going to do everything they can do to protect millionaires billionaires oil companies an the penalty gone. >> barbara lee. tom done leenelly was staying one of the chief items on the agenda at the g8 and particularly at nato the g8 meeting this weekend and nato is to look at afghanistan,
4:35 am
what our presence will be after 2014, meaning american trips are going to be and what contribution the nato companies are going to put up to keep paying the freight. what should we be doing? >> i am glad they are discussing this. the g8 countries and our president need to come to grips with the fact that first of all, we need to get out of there and get out quickly. staying there until 2024 does not make any sense. yesterday, for example, my amendment that i offered would say no more funding. i do this every year, bill. no more funding for combat operations in afghanistan. it's time to end this war, time to bring our young men and women home, time to develop a stronger, more political, more robustling approach and a dem plot attic settlement and time to bring the taliban in. whatever peace talks we can. i hope at the g8 this will begin
4:36 am
to look at that. we have over 100mez of congress, bi-partisan members, sentence the president a letter, over 100 members signed saying, look. let's use this moment to say we are going to accelerate, you know and expet ped ite the withdrawal of u.s. forces. what my amendment did was say no more funds for combat operations but we will appropriate -- >> starting when. >> right away. right away. yeah. combat. but we will funneled the safe and responsible withdrawal and we will protect our troops and provide for our contractors of course of the we have many there. and bring them home. it's not a cut and run or cut the funding for the war amendment. what it says is we will protect our forces and begin a safe and orderly withdrawal. >> would you like to see in your amendment all of those forces out by the end of 2014? >> we need an expedited withdrawal. i think we need to -- the timetable to me, 2014 is too far out. we need to begin now.
4:37 am
and we need to not -- i don't think -- and we haven't seen the status of forces agreement or whatever the next will be after 2014. so we need some definition on what has taken place but believe you me, too many of our young men and women have been died injured or maimed for life. it's time to remove them from the combat situation because there is no military solution in afghanistan. >> remind me. you were the only vote against the war in afghanistan? >> bill after the horrific attacks of 2001. a resolution came to congress and didn't specify afghanistan. it was a blank check. all it said was the president, any president is authorized to use force. >> force. >> against any nation organization, individual, or whatever. it's connected to 9-11. that resolution, until it's repealed and i have a resolution to try to appeal it. i doubt -- i tried this time. until that's repealed this
4:38 am
country can go to war anywhere for any length of time forever. >> they have used that authority for -- >> 30 or 40 times for indent detentions all kind of extra judicial. >> the tapping of the phones. right? >> everything. >> drone attacks? >> everything. everything. >> a blanket approval for presidential executive action anywhere any time against anybody. >> that's right. congress gave then approximately bush, now president obama that authority. we have to go back to the drawing board and begin to look at war making powers. of course, congress has the responsibility and duty in the constitution to declare war. this was an authorization. this has set the stage for wars without end. we have got to repeal it. >> totally abdicated their authority. >> i couldn't vote for it. >> you know what? a lot of conservatives agree with that, that the presidents have, you know -- i'm sorry. congress has sense korea, since the korean war abdicated
4:39 am
responsibility for war-making to the president. and that's -- i think all americans audit to be troubled by that. i want to come back to afghanistan. so do you believe that the car karzai government will be able to pick up the ball and run that country, or do you think afghanistan could just collapse? >> after 10 years of being in afghanistan, you know, they better. we have intent $500,000,000,000. come on. if they are not prepared now to take over, then when? i think we cannot cut and run. i think it's really our responsibility to help them with their political situation and, also, help, of course, with women, make sure that women secure their rights and really help train the afghanter gangs and i think the president is clear on that. what i don't believe will take place or will ever happen is that we could stay there in a combat, in a military situation. we have seen what happened with
4:40 am
the soviets and the british and we know that there is no military solutions. the taliban lived there. i mean, you know the president, you know, made sure that osama bin laden, you know, is no longer around. so what in the world is the mission there now? you know, the taliban and i was listening, actually to senator feinstein talking about the troubling fact that after, you know, they have recon stittuted stronger than ever. >> yeah. >> taliban. some believed that that means we need a longer presence and some believe, look, they have come back after 10 years, we have been there. the longest war in american history. what in the world is taking place. >> it makes you wonder what we have accomplished. >> our young men and women need to come home. we have to look out for their health,mentals health and security. >> amen. what do you tell your constituents and our listeners and our viewers what can they do about this? it seems so many people who will
4:41 am
agree with you. i think majority of americans, last i saw, something like 70% of the american people say, it's time to get out of afghanistan. we want to get out now. so what can they do about it? >> i think they should contact their members of congress and tell them to support any effort that's taking place in congress that begins to end it. i think what is happening, people either are so, you know, naturally focused on survival times are so hard for so many people that people don't have, you know, the time to organize and mobilize and speak out. but it's going to be the power of the people that's going to end this. and so people have to get with their members, and they have to let them know and know in no uncertain terms that any more any amendments come up whether it's my amendments congressman mcgovern and the republicans really were horrible in how they, you know, addressed the mcgovern jones issue, the timeline. they wouldn't let that come to the floor which was outrageous. they thought it would pass. for them not to do that, the public needs to say, any debate
4:42 am
in and any resolution that would begin to end this occupation and war should be supported their congress people will listen to them. people have to make that push. it's only going to come from the public. like ron paul says, we can't afford this any more. >> sure. 12 republicans actually voted for my resolution yesterday. >> is that right? >> yeah. i think it was 10 last year. but the public has to weigh in. >> congress woman, you are out in front on this as you have been from the very, very beginning. appreciate your leadership and your time this morning. nice to see you. i know you have to run and get to work because you have a busy day? >> we were in session until 1:00, 1:30 and we start at 9:15. >> you are looking perky to be up that date. >> it's imports. thanks a lot. good to see you. thank you. >> this is the bill press show. answers that are truthful, serious, and not based on simplistic answers.
4:43 am
>>we're here because we're independent.
4:44 am
4:45 am
>>the gavin newsom show is a search engine for solutions, and that's the focus. we want to focus on solutions and ways of bringing people together. that's the only way we're going to solve the world's great vexing problems. ♪
4:46 am
>> on your radio, on t.v. the bill press show, new on current t.v. >> oh, boy. eleven minutes before the top of the hour. hey, we are going to the movies at the top of the next hour. right now, on a friday, we do what we do every friday take a look back the at our favorite clips of the week and bring you our top 5 and work our way up to the top. she is the youngest member of menza ever. three years old, her name is emiline rockiery rocher but she was on the today's show this week. all she wanted to talk about was potty. here ses. >> number 5. >> yeah. >> she was speaking in complex
4:47 am
sentences a lot of vocabulary. yeah. >> seeing you. >> one more minute: one more minute. >> oh. >> 0, man. >> got to go poo. get her off the set. we may have an accident. come on, people. need to see your pretty little set. she says i need to go poop. okay. what if you are shopping at wal-mart and you pick up a stick and it turns out to be a rattle snake? mika craig had that experience. >> moved it out of the way. when i picked it up, it turned around and it was a rattle snake, and it latched onto me and it shook my hand twice before i let go. >> oh, my god. he was in the garden department at wal-mart and thought it was a snake on top of a bag of mulch and it was a rattle snake. well, we know that bigotry and racism is dead in this country. well, maybe except for south carolina. yeah.
4:48 am
state senator jakey knotts in south carolina. this is a couple of years old but it surfaced this week. jakey, state senator, republican talking about republican for candidate nikki haley who is of indian disdecent. >> found out her daddy wears a turban around lexington and her momma wears a ruby around her head and she is a shiek and she is trying to be a methodist. when it gets around the bob jones university people they ain't going to like that. and with robinson sends out that e-mail, people need to look at that. we got a raghead in washington. we don't need a raghead in the state house . >> i am um. don't need no raghead in the state house. you know what? her mamas got a ruby between her head. >> she got a ruby between her head. >> you thinking maybe that -- >> yeah. who knows what he meant. >> who knows what he meant.
4:49 am
all of these all-you-can-eat places? maybe they are not as good as they sound out in wisconsin, that's what bill wizet discovered. he was happy because they cut him off at a certain point. here is the news report on it. >> number two. >> false advertising. >> bill has a beef with the all you can eat fish place in beansville. i was there friday when the restaurant cut him off after he ate a dozen pieces. >> you asked for more fish and they refused. >> the restaurant said it was running out of fish and patience, arguing bill has been a problem customer before. >> uh-huh. >> they sent him on his way with another eight pieces but that still wasn't enough. he was so fired up, he called the police. >> why did you think you needed today call the police about this? >> well, because i think that people have to stand up for consumers. >> what? you expect me to get by on 20
4:50 am
pieces of fish for lunch? >> they stopped serving me fish. i would have gone fishing, but i just didn't have the energy. i would have gone fishing but i am not very athletic. >> the fish was just the first course. this is like the fancy restaurant where you get the first course and then the steak course. >> exactly. >> then the pasta and then dessert. . finally, whatever i said about jeremiah wright i don't know what i said but man, i really meant it. >> number 1. >> i am actually going to -- i haven't -- i am not familiar precisely with exactly what i said but i stand by what i said whatever it was. with regards to -- i will go back and take a look at what was said there? >> that's what i say at the end of every show. at the end of every show of the full-court press every morning,
4:51 am
peter and dan can tell you, what do i say? i stand by what i said whatever it was. >> finishing strong. >> that's all i remember. ♪ >> on your radio, and on current tv, this is the bill press show.
4:52 am
polar shifts will reverse the earth's gravitational pull and hurtle us all into space. which would render retirement planning unnecessary. but say the sun rises on december 22nd and you still need to retire. td ameritrade's investment consultants can help you build a plan that fits your life. we'll even throw in up to $600 when you open a new account or roll over an old 401(k). so who's in control now, mayans? (vo) don't miss your chance to catch the premiere of the gavin newsom show.
4:53 am
with special guests: >> i'm lance armstrong. if somebody put my back into a corner, i'm coming out swinging. ♪ ♪ this is the bill press show. >> all right. the weekend is upon us. i know a lot of you are thinking about, all right. what's at the movies this weekend? let's make a plan. we will have to make a plan by talking movies. at the top of the next hour here on this friday edition of the full-court press president obama, man, busy day today, both
4:54 am
here and at camp david. he starts out the day by delivering remarks at the symposium on global for agriculture and food security important looming issue. he will do that this morning at 10:15. then he rungs back to the white house for his first meeting with the new president. >>. >> francois olan. he had a good relationship with sarkozy. he told us the president intends to have as good a relationship and develop that with president 0land. he leaves the white house and taking the alcoholer out to camp david. he will welcome, hold an open welcome reception at camp david for the g8 leaders and host ae aedinner at aedinner. that summit is tomorrow and then saturday evening. he heads out to chicago for the big nato summit with the world leaders. and we come back and talk
4:55 am
movies. stay around. >> this is the bill press show.
4:56 am
♪ >> what good what do you say? this is full-court press coming to you live from our nation's capitol. i am bill press liberal and proud of it, bringing you big stories today here in our nation's capitol around the country and around the globe and, of course taking your calls and how about it? yesterday as we talked about the "new york times" reporting that chicago cubs owner joe strictrickets,
4:57 am
mitt romney kind of lukewarm denounced that plan but hey, that didn't stop mitt romney from talking about jeremiah wright in 2008. you can bet he will do the sale thing in 2012 because that's what they do. character assassination. we will talk that and a lot more. first, let's go out to los angeles and get today's latest current tv news update from jacki schechner. hi, jacki, good morning. >> hi bill. good morning everyone. as bill talked about, facebooks is going public and edwardo savren is making news for renouncing his citizenship to avoid paying taxes on his suspected $4 billion windfall but he is defending himself saying he has and will continue to pay taxes on any money he earned while he was a citizen here in the u.s. savren says he owes and will pay hundreds of millions of dollars
4:58 am
to the u.s. government. but here is the catch in that in that defense. now that he has given up his citizenship, he will not 0 on anything he makes going forward and that includes some money he would make from today's ipo. he came to the united states as a child. he hasbi been living in singapore for the past three years. chuck schumer and bob casey intloutsz legislation yesterday to go affection pat tree on thes like savren who give up their citizenship to dodge taxes. representative edward markey is backing twitter on twitter after the site pledged today support do not track requests on the firefox browser. the tweet reads as follows. tech tri leader with support of do not track. other companies should follow and give to consumers the right to say no to info collection using do not track lets you block cookies from third party sites which could otherwise be used to put together a dossier on your activity online. the ftc is praising twitter and hoping other companies will
4:59 am
follow suit. we will we will be back with more bill press after the break. you can join us online current.gov current.gov/bill press. we will be right back. we have a big, big hour and the i.q. will go way up. how are you ever going to solve the problem if you don't look at all of the pieces? >>tv and radio talk show host stephanie miller rounds out current's morning news block. >>you're welcome current tv audience for the visual candy. >>sharp tongue, quick whit and above all, politically direct. >>you just think there is no low they won't go to. oh, no. if al gore's watching today...
5:00 am
[ kristal ] we're just taking a sample of all our different items in our festival of shrimp. the crab-stuffed shrimp are awesome! tequila lime tacos. [ man ] delicious! [ male announcer ] it's festival of shrimp! for $12.99 try any two shrimp creations like new barbeque glazed shrimp. offer ends soon. we're servers at red lobster. and we sea food differently.
5:01 am
in 2012 alone. go to our website, current.com.
5:02 am
up next it's out to the campaign trail. a surprising new poll, and that's next right here inside "the war room." ♪ >> broadcasting across the nation on your radio and on curt t.v. this is the bill press show. >> what do you say? happy friday, friday may 18th, good to see you today. we are almost into the weekend. not quite there yet. still a lot to talk about this last hour together this morning. glad to have you with us whether you are listening on your local progressive talk radio station or watching on current tv good friday morning. and we are, you can join the conversation at any time by just giving us a call at 866-55-press, our toll-free number. good to see you as we come out
5:03 am
to you live from our nation's capitol, boy congress is actually in session today. your tax pairs -- maybe getting your dollars worth today. we will see if they accomplish anything. they haven't accomplished much yet this week. policy president obama hosting the leaders of the g 8 here, not here in washington but at camp david, starting this evening, and he has his first meeting with the president, the new president of france in office less than a week but he's already here in the united states. hopefully his plane wasn't struck by lightning on the way to the united states. you know, his first trim was to germany and they had to turn around and go back to paris because liz plane was struck by lightning which was if there is any indication of something, i am not sure what. lots to talk about today, and we will start off with movies at the top of this hour with chris orr from the atlantic magazine movie critic for the atlantic. good to meet you.
5:04 am
thanks for coming in. >> it's a pleasure to be here. >> we will see. we will get into what the big atracks are for this weekend. we want to say good morning to our regular team press, almost everybody. peter ogburn. >> we are herear aboutre but far from regular. >> that's what i have heard. stevie b. webb filling in for dan henning. >> second to regular. good morning. >> welcome back. and our videographer, sip ran boulding. it's the big day. it's a big movie day but a bigger day for that'sbook. facebook out there today. it's ipo, they are finally, going public. the company valued at $104,000,000,000. peter, i always wanted to know what facebook, what it does. >> i can help you with that. >> i don't want to hear it from you. i want to hear it from the source. i want to hear it from mark zuckerberg. here he is talking to cnbc eight
5:05 am
years ago. >> that's when he started it? right? >> no. it's 10 years old. >> it was a little bit -- this was right when facebook because you remember it was sort of just for college students at one point. >> still at the college level? through their social networks there, you sign on, make a profile about yourself answering some questions such as your concentration or major at school, contact information about phone numbers, instant messaging screenings, anything you want to tell, interests, what books you like, movies and most importantly, who your friends are and just check out people's online identities and
5:06 am
see how people portray themselves and find some interesting information about people. >> there it is. are you on facebook, yes, sir? >> i am not. i am worried it will slow down my life. >> i applaud that? >> i am a very very very late adopter. >> i don't know how many millions are. >> i gave in to twitter but not facebook. >> you know, you hear him. he sounds like such a nerd but the last thing i want to know from people is what their major is. i am actually ol facebook. den henning does it for me. he must admit. if you had a crutch on someone, he is a major in whatever and then you could sort of brush up on that major so that you didn't
5:07 am
look like you were an idiot when you talked to him. >> love thank you. >> some purpose at any rate. we will talk movies with chris orr and peter welch from vermont will be joining us a little bit later in studio as well. but first. the full court press. >> yes, indeed here is what's making news. are you man enough to say no to meat? a new study by the journal of consumer research shows in restaurants men tend to order meet meat over vegetarian options because they feel it makes them appear more manly. many equate it and muscles like steak with showing how mask lin they are. the dining companions -- >> the bigger the steak, the bigger the man. >> maybe they are over compensating if they get the 32-ounce cowboy rib-eye. the bone-in rib eye. the bining companions of those men often view them as more mask lin when they order the mete as
5:08 am
well there you go. think about that before you order the billing steak. >> i feel like such a weenie. i ordered fish. what were people thinking of me. >> right. >> never again. girly man. >> i don't know what to take from the study. on the one hand, they are saying you shouldn't do this but they say it works. >> yeah. >> a sdlem a. >> hang out at the balm and you will get more sectiondilemm a. >> hang out at the balm and you will get more section. >> this might degate because a teenager in michigan was eating an arby's sandwich and found something rubyy and spit it out. it was a human finger. store officials confirmed a worker was using the meat slicer and didn't tell a supervisor and that's how the digit found itself in the sandwich. >> i bet whoever he was with considers him extremely manly. >> exactly. the teenager who ate the
5:09 am
sandwich and finger ryan hart immediately told the store managers. they acknowledged what happened and they gave him a voucher for a free breakfast at arby's. >> no thanks. >> meatless breakfast? >> i have heard of finger food. i wasn't sure what it was until now it is not looking good for the miami heat. they came into the series who were heavy favorites and they lost by almost 20 points, 94 to 75. >> that's the pacers are up 2 games to 1 against the heat. another nba, the spurs of san antonio continue their romp to the nba by dogging on the clippers last night, 105 to 88. nba play-off action continues this weekend. >> yeah. >> there are some big blowouts. >> there have been. >> thank you, peter. indeed. so chris, welcome, and for those who are -- is there anything
5:10 am
like really before we get to this weekend actually, i want to ask about the avengers because i haven't seen it in the plans. we are talking movies for this weekend and movies for summer 2012. peter saw it. huge, huge opening. right? >> absolutely. and continued to do just amazingly well set records for first movie, 300 million and first movie to 350 million and biggest second weekend ever. >> bigger than harry potter? right. >> yeah. yeah. it has really been astonishing. i have to say when the avengers movie, i thought it had the earmarks of a disaster, too many characters from different plot threads and movies with different feels to them. when they announced jus weeden, who did vampire slayer and i
5:11 am
think he did it. i think it's a terrific movie, you know, and when you factor in the extremely high difficulty level of getting all of these story lines and putting them together. >> yeah. >> in a way that you saw, i think it's a great entertainment, a lot of witty dialogue. he obviously cares about the characters. it does end apes movies with a 20-minute half hour demolition of new york city by aliens but it's really for what it is, it's a terrific movie. >> right. i was at times square and i was almost afraid. >> see the damage? >> i did. i did. yeah. time square used to be right is it used to be. it still continues to put them in? word mouth and the publicity. >> a question of what movie is going to knock it out of first place impactship could do it this weekend. i am somewhat skeptical. >> we are talking this weekend. i don't know about battleship.
5:12 am
what's it about? >> it's based on the hasbro game, the 1967 board game, you sank my battleship which was, itself, based upon a pencil and paper game that goes back before world war i and one of the most in i will-conceived movies of all time. >> my favorite part was when the robots attacked from under the sea. >> that's the whole thing. it starts out with your basing a movie on a game that has no plot and no characters and then on top of that, you basically depend with the entire concept of the game which is these two sort of equal maritime navies and bring this alien armada in. it opened abroad about five weeks ago. i can't think of any film that has ever opened that widely. >> usually it's the other way around. this is an american film? >> yeah. you know i think it's made $200 million abroad, a little over 200 million but word of
5:13 am
mouth has always been really really, really bad about it. and, you know, it is very bad. but it is not as bad as i expected it to be. >> what an endorsement? >> right. being a movie critic you have to see these? >> i went to see in part. whatever it so, the scene at the end of ratitui, the food critic is talking about how critics like to write negative reviews because they are fun to right, fun to read and they are relatively easy. battleship sort of looked like a sitting duck there. you know, it is a bad movie but it's not nearly as bad as i thought it could be. it has a sort of hockeyieakiehoakie feel. >> it's interesting that a
5:14 am
critic would write that he likes to write negative reviews. >> the thing is the reason i wanted to see it this summer is normally in a typical summer season there are a lot of obvious stinkers down the pike. i am sure there. be movies that disappoint. there are a lot of big-budget movies that look like they have the potential to be quite good. and i thought, if i want to get a good negative review in i better take my opportunity here. >> peter, are you going to see battleship. >> no way in hell. >> i would not recommend it. >> not going to see it. >> you asked: what is the one movie that is going to maybe be able to knock off avengers, the avengers, i know what it is. it's sasha barren koen, the dictator. it's out as of two days ago. here is a little clip from my favorite actor. >> the united nations demands that you come to new york and address them. >> so, we are going to america.
5:15 am
>> and he came to america, of course. >> built by the blacks and owned by the chinese. he thought romney was the closest thing to a dicktateor if you can put the dog on top of the car, pretty soon you can put political principlesers on top of the car. have you seen the dictator? >> i have seen the dictator. i libeledked it. yes love it. >> did it live up to borat? >> it's different from borat and bruno in that it's fully discriminated. in some ways, i like that better. there was something about borat an especially bruno where the fight was sort of mean-spiritedness to them, in the latter parts. sort of one thing making fun of celebrities but in both cases, he leads with that and sort of deinvolves into making fun of the rubes and calling out people
5:16 am
who are homophobes or ignorant. there is something that bothered me a little bit about that. i was looking forward to see him doing a fullly-scripted movie. the truth is it's not the same kind of high higher wire act. he doesn't have to do the same kind of improvisation. it's not nearly as memorable as borat or bruno probably. but it's also a little uneven as a comedy. it's, you know, kind of slap dash. it's got a lot of good bits of human. it's crass. there is an entire scene that takes part largely inside a part of a woman's body. so it is not a film for the squemish, but if you are in the mod for sasha's humor, you can do worse. >> how am i going to see this movie? i know carol will never go. my wife will never go. i dragged her to one of them and never again. so peter maybe you and i can go. >> let's do it. yeah. my wife ain't going either.
5:17 am
>> there you go. all right. so you mentioned we are talking, of course here with chris orr about movies. this weekend this summer coming up, what did you like? what questions you have heard? something about maybe that you want to know if chris has seen it or knows anything about it, 866-55-press. now is your chance. just to take a break here, but before we do, one of the big big -- you said some things coming up the pike look like they are going to be pretty good this summer. >> sure. >> what's your first one? >> the byrne that everyone is really looking forward to is the dark knight rises, the conclusion of christopher noland's batman trill okaytrilogy. the trailers have been strong. it looks bleak and dark en more so than the dark knight. >> that's the one everybody is looking to, to be the big hit of the summer probably even bigger than the avengers but there are
5:18 am
several others. >> we will get into those. dark knight rises? >> it looks good. >> comes out when? >> you know, it's in august i believe. but i can't remember the date. >> okay. ? >> it's a later summer. it could be late july. >> peter is already excited about it. >> i am. i am super happy. >> all right. good. we are talking movies with chris orr on a friday. what else? 866-55-press is our toll-free number. see you in just a minute. >> this is the bill press show. ♪ let's hear yours. politically direct means no b.s. just telling you what's going on in politics today. >>at the only on-line forum with a direct line to bill press. >>it's something i've been waiting for a long time. >>join the debate now.
5:19 am
5:20 am
>>(narrator) gavin newsom, lieutenant governor of california, and former mayor of san francisco is coming to current tv. >>every night on cable news
5:21 am
networks everyone's focusing on what's wrong. i want this show to move past that. i love creative people, and with all the vexing problems we have we need creative thinking. >>(narrator) with interviews with notables from silicon valley, hollywood, and beyond. >>at the end of the day this show's simple. it's about ideas. ideas are the best politics. ideas can bring us together. >>(narrator) the gavin newsom show. premiers tonight at 11 eastern/ 8 pacific. only on current tv. ♪ >> on your radio, on t.v. the bill press show. new on current tv. >> here we go at 26 minutes
5:22 am
after the hour. it's the friday edition of the full-court press politically direct. it's not all politics. thinking you want to get away from politics? let's go out and see a good movie. nobody knows better what to see than movie critic for the atlantic. people, chris can follow you and read your reviews at the atlantic.com. >> that's correct. >> by the way, people still go to movies? are movies as big as at the box office? >> the box office numbers keep growing. >> that's because the ticket prices keep going up with inflation, but theaters are finding more and more ways to charge extra money for tickets whether it's 3-d or imax or a new frame pet that would require retrofitting cameras for more actual images per second. >> i saw the avengers in 3-d i magazines for me and my kid -- kid -- imax. you know how much it cost?
5:23 am
$7,000. >> probably 30 bucks? >> it was over 30 bucks. >> it's theaters are terrified. they are desperate. you know for 40 or since the 1940s, t.v. has been eroding movie going in the average -- >> i hate to interrupt you. 30 seconds left. the dark knight rises, one big blockbuster. what's another one? >> promethesus, an alien prequell. snow white and the huntsman looks good. the borne legacy has potential. i am a little bit of a skeptic on spider man but marvel had a good track record lately. pixar's brave is certain to be good. it's unimagine they would have two misfires in a row. it's looking to be a promising. >> the artist is the best i have
5:24 am
seen. chris thank you for coming in. >> this is the bill press show. ♪ lieutenant governor of california, and former mayor of san francisco is coming to current tv. >>every night on cable news networks everyone's focusing on what's wrong. i want this show to move past that. i love creative people, and with all the vexing problems we have we need creative thinking. >>(narrator) with interviews with notables from silicon valley, hollywood, and beyond. >>at the end of the day this show's simple. it's about ideas. ideas are the best politics. ideas can bring us together. >>(narrator) the gavin newsom show. premiers tonight at 11 eastern/ 8 pacific. only on current tv.
5:25 am
5:26 am
5:27 am
5:28 am
♪ ♪ >> heard around the country, seen on current tv. this is the bill press show. >> 33 minutes after the hour. the full court press here on friday, may 18th, good to see you today we have more to talk about here joining us in studio good friend of the program, first visit in studio with us here on current tv. our local congressman peter welch. nice to see you. i know you live on capitol hill.
5:29 am
>> grated to be here. >> how about that. nice start off to a nice day. congress in session. you have to be in session because there is so much important work to do on the budget and john boehner out there saying uh-uh. we are not going to raise the debt ceiling unless we get bang bang, bang bang should the debt ceiling be used as kind of a chip in terms of -- >> absolutely not. this is fiscally reckless. it will be fiscal armagedon. the debt ceiling is something that has to be raised in order to meet obligations already incurred. it has nothing to do about allowing future spending. the reality is if they play games with this as they have in the past and we default the bond markets will retaliate with ven answer and we will get pistol whipped into doing what we should have do on our own.
5:30 am
what with we are seeing is two things, sbstantougherly, the only thing we get to dent reduction, i hang to thing it's a very, very important thing to do. >> i think most americans do. >> we have to put the pentagon on the table revenues on the table and spending has to be on the table. they have taken the pentagon off of thetable, taken revenues off of the table and in fact they have decreased them. the design of their approach is absolutely guaranteed to fail. secondly, they are now employing a tactic which is incredibly desttructive, this on letting us default on our bills will be the ruin of the middle class. >> they are saying they are willing to shut down the government if necessary? >> it's worse than a government shutdown. the government would shut down but we will be defaulting on our
5:31 am
bills so the credit markets would retaliate with a ven answer. you can't do that. there is a political level of grandstanding going on here in the republican caucus it's dangerous. the votegroup that will vote no and the group that will vote hell know. they can't get them to make sure that american will pay its bills. >> talking about at this at this point. right? throwing that out there is -- they always talk about we need more certainty. right? businesses are concerned with too much uncertainty. talk about uncertainty. >> the inability, the disfunction of congress to do its job. >> that's what the uncertainty is. in the past, the party out of power, republicans or democrats have tended to grandstand on the debt ceiling. it became a position where the
5:32 am
party out power was able to criticize but grandstanding is a lot different than actual defaulting. all right? and that's what we are at last august when they used this tactic the first time and we were on the brink of default, the markets right up until the brink united pentecostal church thought we wouldn't. then when we didn't, we got so close and it became so clear to the market did that we are capable of default there was a tailspin in the stockmarket and that's people's 401(k)s our pigs. >> a couple of things i am not sure most americans understand. one is when you talk about raising the debt ceiling we are not talking about that act doesn't entail any new spending or any new money? >> bill -- >> this is just paying the money, paying the bills that we
5:33 am
have already racked up? right? >> that's exactly right. in the polling before you get to the default, people are against raising the debt ceiling but when you inquire, they think we are looking for permission to spend more money we don't have. when you get close to default as we did in august and people understood it was about do we pay our bills or do we default? they said, of course you pay your bills. >> right. >> so by the way, the debt ceiling includes paying for things like the iraq war which i was against. the bush tax cuts i was against. there are a lot of obligations in there that previous congresses undertook that i am absolutely opposed to. i don't have the i am lucien i can waive away the obligation because i didn't like it. >> exactly. the other thing chris van hollen who was in studio with us just yesterday, i believe, you know,
5:34 am
the days kind of squeeze together. he pointed out republicans are saying no, no, no, no. we are not going to raise the debt ceiling without extracting a pound of flesh for it but yet in the paul ryan budget which every republican in the house voted for, it raises a debt ceiling by $5,000. they voted. not that it went -- that bill didn't go anywhere. but they have already voted to do so. >> that's right. >> that's right. >> they are really hip chris sglfrnings there is an enormas amount of hypocracy and political grandstanding but unfortunately it's beyond grand grandstanding because it has real economic con quince but the ryan budget is a budget buster. they do do a lot of cutting, savagely cut food stamps for instance and increase pentagon spending and lower taxes. so the debt goes up not down. it's irresponsible on its own terms. it's stated goal is to reduce
5:35 am
government spending. it increases the debt very substantially. >> congressman pete welch in studio from the great state of vermont vermont. if you want to join the conversation, you have a question for the congressman, our toll-free number is 866-55-press, unlike most t.v. shows, you can actually participate in this one and most radio shows, you can participate like all of the rest of the shows at 866-55-press. let's back up to how we got here. right? because we had this big showdown last august, and then there was a resolution. all right. we will raise the debt ceiling, so much in cuts and appoint a super committee with the next round of cuts. the super committee fails because republicans would not accept any new revenue. >> right. >> the super committee failed and then 1.2 trillion, half in the pentagon half in domestic spending. wouldn't have to raise the debt
5:36 am
ceiling again or cut even address it until 2013 and now suddenly, republicans want to break up the deal. >> right. >> is that what's going on? >> right. a deal made is a deal to be % kept. the deal was that the super committee would find $1.2 trillion in debt reduction and rules revenues. >> hopeful some combination? >> hopeful a combination. the republicans refused to include revenues in the debt the super committee failed just as you said. a sequester is supposed to go into effect. >> january 1st? >> that's right. >> uh-huh. >> but in the house. the republicans said deal? what deal? what are you talking about? there ain't no deal. and they passed a bill that wiped out food stamps almost and increased pentagon spending and by the way, a lot of the -- depending spending was increased beyond what the pentagon asked for. the reason, there were all kind
5:37 am
of weapon systems in districts of republican members that they took care of, and it was the equivalent of earmark self indulge he knew. >> yeah. >> they broke that deal. the bottom line, it's very solvable we have. the economy is tough. we have to get that going. but in terms of the debt reduction, if we do what anyone would dorock at the tools revenues pentagon and domestic discretionary spending we could get from where we are to where we need to be, and real challenge for this country is going to be when are we going to have the responsible republican party rather than just the tea party doctorineair approach so we can solve the problem. >> i am on my way to santa barbara to give a talk tomorrow morning, be flying outright after this show. that's one of the themes i have been thinking about, that team i want to talk about which is i think the real political
5:38 am
struggle today is not between the republican party and the democratic party. it's between the republican party and the republican party. i mean which -- >> that's right. >> which wing of the republican party is going to prevail? one of them wants to get things done. the other one just wants to bring everything down. >> it's really true. you know, we need a responsible republican party in the tradition of the republican party, fiscally conservative respecting individual rights small government lower taxes. i mean those are all legitmat debates in how low and how small government should be is a leegit mat debate but sending america off a fiscal cliff by defaulting on our bills or complete lee eviscrate, say, the foot stamp program so there is no social safety net increase pentagon spending beyond even what the pentagon wants when they are getting close to $700,000,000,000, that's just kind of wild and very reckless approach. >> on or launch two wars
5:39 am
without paying for them. >> yeah. >> the other hypocracy i find and again we will take a break and take your calls at 866-55-press. but so they talk about we have to do something about debts. we have to do something dah dah. but we have to keep the bush tax cuts at the same time. >> right. >> what's the price tackg on the bush tax cuts about. >> a couple of trillion dollars all together. >> yeah. >> if you include, like $800,000,000,000 if you just consider the tax cuts for people who is incomes exceed 250,000, but i think it's a couple to $3 trillion. >> overall? >> right. >> 3 trillion that they are not -- that they are willing waste on more tax cuts for the wealthy, 3 trillion to go along way toward reducing that. >> that's right. the problem is, it's an ideological approach to try to solve what are practical problems. you know, if you assert that cutting taxes increases revenues, there is no evidence to support it. >> uh-huh. >> you know.
5:40 am
>> nor that it creates jobs. >> congressman pete welch in studio with us talking debt reduction and republican hypocracy. they all go together. 86655773, 77, if you will court press. we will be right back. >> this is the bill press show. eastern/ 8 pacific. only on current tv. lieutenant governor of california, and former mayor of san francisco is coming to current tv. >>every night on cable news networks everyone's focusing on what's wrong. i want this show to move past that. i love creative people, and with all the vexing problems we have we need creative thinking. >>(narrator) with interviews with notables from silicon valley, hollywood, and beyond. >>at the end of the day this show's simple. it's about ideas. ideas are the best politics. ideas can bring us together. >>(narrator) the gavin newsom show. premiers tonight at 11 eastern/ 8 pacific. only on current tv.
5:41 am
if you have copd like i do you know how hard it can be to breathe and what that feels like. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free. spiriva does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens your throat or tongue swells you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with copd weigh you down? ask your doctor if spiriva can help.
5:42 am
[ mocking tone ] i'm ms. brown. i'm soooo chocolatey. i'm giving away money to make people like me-eee -- is what he said. and i was like "you watch your mouth. she's my friend." friend is a strong word. [ male announcer ] chocolate just got more irresistible. find the all brown bag and you could win!
5:43 am
we have a big, big hour and the i.q. will go way up. >>tv and radio talk show host stephanie miller rounds out current's morning news block. ♪♪ >> this is the full court press. the bill press show live on your radio and on current tv. >> you bet. 12 minutes before the top of the hour, talking congressional
5:44 am
budget finances debt ceiling battle with congressman pete welch from vermont. back to the good congressman and your calls and just a second, another reminder if some of you and many of you i know are having trouble making ends meet at the end of the month, here is one idea. income at home.com. you have heard me talk about them. they are america's leading work from home business, doing business in over 80 countries today so they know what they are doing and this is something, friends, that you can do. you can literally be earning money from your own kitchen table using your own laptop 247. all you need is a little spare time and a little coaching from our friendsats income at home.com. you ought to at least check them out. if you are sick of living paycheck to paycheck, worried about job security or retirement and ready to make extra money from home part-time or full-time, here is the place to go. income at home.com. adding my listeners in record numbers and even giving away a thousand bucks today to somebody for checking them out. hey, that could be you.
5:45 am
so go to incomeathome.com. >> that's incomeathome.com. congressman, good to have you in again. let's say hello to tony out in edwardsville, illinois if we can. what do you say, tony? good morning. >> good morning, bill. it's such a pleasure to be on your program. i am not going to take up much of your time. let me say this. i accuse john boehner of economic treason against the american people as he sits there he should know if you don't want to do your job -- he is not that good at it -- he needs to resign. there are too many things that needs to be done this is a critical time. country. instead of trying toun night everybody. i accuse him of economic treason and there needs to be oversight on this, too, bill. i was going to ask tony whether he leaves in
5:46 am
boehner's district or not. i don't want to go so far as treason. treason. i won't put you there. but you do wonder sometimes whether the teamers and john bajner, i would say, is a tea partier. he certainly is led around by them. >> right. >> whether they have the best interest of this country at heart. >> that's a fair question. >> i usually don't ask about motivation. most people think they are doing it for the best interest of the kwupt tree. >> good point. >> the problem is what they are doing is clearly going to cause a lot of damage if we default on our bills. boehner. >> he has to know better. >> he has to know better. but what's clear, remember when he and the president were negotiating over going bold and it was going to be a $4 trillion dil and it was going to be revenues as well as cuts, the pentagon was included? that made sense. we would have a lot of arguments about what the details were and what the final product was.
5:47 am
it's the only way you can approach it. when that surfaced, he got so smacked down by his caucus so boehner is the quote leader but i am not shooquite sure he is in charge. >> right. on a related question facebook goes out today? right? the big ipo, $104,000,000,000. one of the co-founders, edwardo savren, came here, did well, went to school now he is a billionaire has renounced his american citizenship to avoid paying taxes and he is now a citizens of singapore. i don't know whether you saw that yesterday senator chuck schumer and bob casey introduced legislation they called the ex patriot act. right? the ex patriot act. if you do that if you are worth over 2 million or so and you leave the country just to avoid paying taxes, if you come back we are going to sock it to you, but don't try to come back. >> i like that. i like it. it's pretty cynical.
5:48 am
>> it's huge. singapore has no capital gain taxes and no estate taxes and this guy was 21 when he founded facebook. you know he is probably very clever, very smart. there is an enormas out of luck and at 30 he will be a billionair. >> several times over? >> several times over. he wants top avoid the taxes. i was reading a story about him in "new york times." he was professing he wasn't aware what the tax laws were. just ended up in singapore. it's pretty cynical tough for people to see. it would be the equivalent of somebody winning powerball and trying to renounce citizenship the day before they got the check and claiming it was tax-free. >> absolutely. and what i read this morning, he will avoid by going to singapore, he will avoid paying $67 million in taxes and he would never have made that money if he had not come here and taken advantage of the opportunities we gave him. >> that's right. look. even if he paid the taxes, he is
5:49 am
a billionaire. this is not a bad problem to have. >> how much do you need? right? >> congressman, good to have you in today. thank you so much for coming by. >> thanks, bill. >> thanks for your good work. people are very lucky. so is he. i will be back with a quick parting shot. >> this is the bill press show. ♪ a great tasting mint core, frosted in powerful cooling crystals. ice breakers frost. feel the frost.
5:50 am
[ kristal ] we're just taking a sample of all our different items in our festival of shrimp. the crab-stuffed shrimp are awesome! tequila lime tacos. [ man ] delicious! [ male announcer ] it's festival of shrimp! for $12.99 try any two shrimp creations like new barbeque glazed shrimp. offer ends soon. we're servers at red lobster. and we sea food differently. and there's lots of cool stuff happening with progressive mobile. great! tyler here will show you everything. check out our new mobile app. now you can use your phone to scan your car's vin or take a picture of your license. it's an easy way to start a quote. watch this -- flo, can i see your license? no. well, all right. thanks. okay, here we go. whoa! no one said "cheese." progressive mobile -- insurance has never been easier. get a free quote today. ttv
5:51 am
5:52 am
5:53 am
5:54 am
5:55 am
5:56 am
5:57 am
5:58 am
5:59 am

171 Views

info Stream Only

Uploaded by TV Archive on