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Prosperity threatens the way of life. i'm skeptical as it economist john by dry. he says we should be glad china is doing well. what is the threat? >> the threat is the fact that resources are not infinitely abundant. resources are basically scarce and we live in a world in which all resources are dependent. all you need is one scarce resource and everything else becomes scarce. we focus on oil and it is backing scarce. copper is becoming scarce. goldman, sachs the other day. >> john: the new york times said in 1973 experts say the world will have virtually run out of oil by the world 2000. pe...

Superimage that was better for diagnosis. >> right here on your phone. >> right on your phone. to get that through the agency took two and a half years and cost them hundreds of thousands of dollars. all the while it could have been in use and ultimately it was approved. it is that kind of delay and multiple inquiries coming from the agency on ridiculous things many times that really hurts the american public. >> john: and there is a bias in the reporting and we in the media mess this up because if something does go wrong we make a huge story about it and your fellow lawyers get rich suing a c...

Try fixodent cleanser plus scope ingredients. >> john: china's economy booms while the american economy stag nates. will china soon overtake us? should we be afraid? testeven leeb says be afraid. he says china's growing

Prosperity threatens the way of life. i'm skeptical as it economist john by dry. he says we should be glad china is doing well. what is the threat? >> the threat is the fact that resources are not infinitely abundant. resources are basically scarce and we live in a world in which all resources are dependent. all you need is one scarce resource and everything else becomes scarce. we focus on oil and it is backing scarce. copper is becoming scarce. goldman, sachs the other day. >> john: the new york times said in 1973 experts say the world will have virtually run out of oil by the world 2000. pe...

>> they want to get property taxes from brick and mortar stores and the street vendors. >> tax issues are tax issues. this is about the right of street vendors to pursue their lawful occupation. it is a lawful occupation. that is like passing a law is a that says that mcdonalds can't set up shop next to a burger king. these people are just trying to make an honest living and the city is making it impossible to do so. they say if you are flower vender it is illegal to set a bucket of flowers next to the ground on your feet. >> john: view you have to keep moving and strolling along? >> you have ...