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Absolutely political and institutional havoc. >> it is indeed. i don't think it's directly a causal relationship with the internet. but one of the areas where i hope the internet can make government better is in bringing more accountability and transparency, we have a certain expectation that we can see a certain breakfast on our phones, why can't we get that same insight into what they are doing or aren't doing. >> it's actually making things harder to operate. and i think this goes to your thesis is that the technology does have a way of disrupting the old way of doing things. i want to talk...

Because there are not enough jobs. only business expansion will turn the dire situation around. why president obama doesn't seem to understand that, i simply don't know. and that's a memo. now for the top story tonight, opposing point of view with us, dr. david callahan, senior fellow at a progress organization. first of all, do you believe in capitalism, doctor? >> i absolutely do, bill. if i were a ceo, hedge fund guy, i believe in capitalism even more, because that system has been working great for those people. corporate profits are near record highs. the stock market, we're having this bu...

For jobs is driving down wages because there are not enough jobs. only business expansion will turn the dire situation around. why president obama doesn't seem to understand that, i simply don't know. and that's a memo. now for the top story tonight, opposing point of view with us, dr. david callahan, senior fellow at a progress organization. first of all, do you believe in capitalism, doctor? >> i absolutely do, bill. if i were a ceo, hedge fund guy, i believe in capitalism even more, because that system has been working great for those people. corporate profits are near record highs. the sto...

For jobs is driving down wages because there are not enough jobs. only business expansion will turn the dire situation around. why president obama doesn't seem to understand that, i simply don't know. and that's a memo. now for the top story tonight, opposing point of view with us, dr. david callahan, senior fellow at a progress organization. first of all, do you believe in capitalism, doctor? >> i absolutely do, bill. if i were a ceo, hedge fund guy, i believe in capitalism even more, because that system has been working great for those people. corporate profits are near record highs. the sto...

They can distract them from the economy. look, i do think there is improvement in the economy, obviously in the sectors you mentioned. and, boy, if you compare it to where we were when the president took office, i was there back then. the gdp contracted 9%. jobs were falling at a rate of almost 800,000 per month. i'm back in january of 2009. and the president took office and implemented a set of policies, including stimulus, financial market interventions, that turned that around relatively quickly. that said, there are still lots of families that aren't doing as well as they should be in part...