Wednesday, November 28, 2007

Strong Day For The Dow Jones Industrial

After opening at 12,958.04, the Dow Jones skyrocketed by 331.01 points to finish at a respectful 13,289.45. When the state of the volatile market is considered, this is a positive step forward.

Bush Economic Adviser Hubbard Resigns

The unrelenting saga continues to mount for the embattled Bush administration.

Economic Council Deputy Nominated As Replacement

WASHINGTON (CBS) ― President Bush announced on Wednesday that Keith Hennessey is his pick to be chairman of the National Economic Council, replacing Al Hubbard, who is joining a growing line of top presidential advisers exiting the White House as the Bush administration heads into its final year.

Hennessey, who came to the White House in 2002, is Hubbard's deputy and also has been deputy to two previous directors of the council. He served as a top budget aide to Sen. Trent Lott, R-Miss., and worked for the Senate Budget Committee.

"Keith has been an important member of my White House team for more than five years," Bush said in a statement. "He has served as the deputy to three directors of the National Economic Council, and has worked on a broad range of economic policy issues."

Hubbard's departure comes as Bush faces one of the biggest economic challenges of his presidency, a severe slump in housing and a credit crisis that have roiled financial markets and triggered fears of a recession.

In a letter to the president, Hubbard said he was leaving the White House with mixed emotions. "Were it not for my strong desire to spend more time with my kids, I would not have considered departing," said Hubbard, the father of three.

Hubbard has helped direct White House policy on entitlement reform, energy security, climate change, housing and trade investment policy. Among other issues, Hubbard has been deeply involved in the debate over the State Children's Health Insurance Program and Bush's proposal for a major shift in tax policy to, for the first time, treat health insurance costs as taxable income.

"Al contributed his own ideas and also worked to ensure that all views were brought to the table and given fair analysis and debate," Bush said. "While many of the policies Al worked to develop are in place today, other policy initiatives, including Social Security reform and health care reform, have laid the foundation for policies I believe will be adopted in the future."

Hubbard's departure, by the end of the year, continues an exodus of key Bush aides and confidants. Earlier this month, Fran Townsend, Bush's terrorism adviser, announced she was stepping down after 4 1/2 years. Top aide Karl Rove, along with press secretary Tony Snow, Attorney General Alberto Gonzales, Undersecretary of State Karen Hughes, Defense Secretary Donald Rumsfeld and senior presidential adviser Dan Bartlett, have already left.

Hubbard, of Indiana, was a low-profile economic adviser to the president whose strength came from his closeness to Bush. The two both attended Harvard University together. Hubbard also has close ties with Treasury Secretary Henry Paulson. Hubbard accompanied Paulson on some of his trips to China to lend White House support to efforts to get China to reform its economy and narrow the huge trade imbalance between the two nations.

The National Economic Council was created in the Clinton administration to coordinate economic policy. The first NEC director was Robert Rubin, who went on to become Clinton's Treasury secretary.

Hubbard took the post at the beginning of Bush's second term, when the administration had high hopes for achieving success on a number of major issues such as addressing Social Security's funding problems and overhauling the tax code. However, as Bush became mired in problems involving the Iraq war, his domestic initiatives failed to make headway in Congress.

"Al brought to this job more than the creativity that he's known for," White House press secretary Dana Perino said. "He has a great booming laugh, but he also is a very honest broker when he works with everybody at the White House. Part of his role is to incorporate all of the thoughts and concerns and proactive ideas that members of the administration have."

Hubbard first met Bush when they were both attending Harvard's business school in the 1970s, getting MBA degrees. Hubbard, who later became president of E&A Industries, an Indianapolis investment firm, has owned and operated several businesses and served in the Bush-Quayle administration as executive director of a council on competitiveness. He has not yet announced his future plans.

CNN's Dave Bohrman Under Attack For CNN / YouTube "Iron Fist" Content Control

















Some publications are attacking CNN's Washington Bureau Chief Dave Bohrman regarding his "iron fist" control over what videos are selected for the CNN / YouTube Republican Debate. Personally, I'm glad he's doing this, and my reason points to an issue highlighted by Mark Cuban about 10 days ago.

People are just plain mean.

Yep. Mean.

They use the Internet to take their issues out on people at a distance and the CNN / YouTube debates are no exception to this. If Bohrman were to let the people speak, the result would be totally imbalanced and absolutely insane. It would also render the Republican Party toast for this election cycle.

So Borhman's got a hard job. I'm personally confident he will pull through.

D.O.A. - Dead Or Alive - Movie Trailer

Tuesday, November 27, 2007

Frank Rich - Keith Olbermann - Bernie Kerik's Affair With Judith Regan | Could Wreck Rudy Giuliani's Presidential Campaign



This is shaping up to be a hot story. Frank Rich of the New York Times has a great discussion of the details-to-date below, and MSNBC's Keith Olbermann has an equally informative video segment -- that too is here.

November 18, 2007
Op-Ed Columnist
What 'That Regan Woman' Knows
By FRANK RICH



NEW Yorkers who remember Rudy Giuliani as the bullying New York mayor, not as the terminally cheerful "America's Mayor" cooing to babies in New Hampshire, have always banked on one certainty: his presidential candidacy was so preposterous it would implode before he got anywhere near the White House.

Surely, we reassured ourselves, the all-powerful Republican values enforcers were so highly principled that they would excommunicate him because of his liberal social views, three wives and estranged children. Or a firewall would be erected by the firefighters who are enraged by his self-aggrandizing rewrite of 9/11 history. Or Judith Giuliani, with her long-hidden first marriage and Louis Vuitton 'tude, would send red-state voters screaming into the night.

Wrong, wrong and wrong. But how quickly and stupidly we forgot about the other Judith in the Rudy orbit. That would be Judith Regan, who disappeared last December after she was unceremoniously fired from Rupert Murdoch's publishing house, HarperCollins. Last week Ms. Regan came roaring back into the fray , a silver bullet aimed squarely at the heart of the Giuliani campaign.



Ms. Regan filed a $100 million lawsuit against her former employer, claiming she was unjustly made a scapegoat for the O. J. Simpson "If I Did It" fiasco that (briefly) embarrassed Mr. Murdoch and his News Corporation. But for those of us not caught up in the Simpson circus, what's most riveting about the suit are two at best tangential sentences in its 70 pages: "In fact, a senior executive in the News Corporation organization told Regan that he believed she had information about Kerik that, if disclosed, would harm Giuliani's presidential campaign. This executive advised Regan to lie to, and to withhold information from, investigators concerning Kerik."



Kerik, of course, is Bernard Kerik, the former Giuliani chauffeur and police commissioner, as well as the candidate he pushed to be President Bush's short-lived nominee to run the Department of Homeland Security. Having pleaded guilty to two misdemeanors last year, Mr. Kerik was indicted on 16 other counts by a federal grand jury 10 days ago, just before Ms. Regan let loose with her lawsuit. Whether Ms. Regan's charge about that unnamed Murdoch "senior executive" is true
or not — her lawyers have yet to reveal the evidence — her overall message is plain. She knows a lot about Mr. Kerik, Mr. Giuliani and the Murdoch empire. And she could talk.

Boy, could she! As New Yorkers who have crossed her path or followed her in the tabloids know, Ms. Regan has an epic temper. My first encounter with her came more than a decade ago when she left me a record-breaking (in vitriol and decibel level) voice mail message about a column I'd written on one of her authors. It was a relief to encounter a more mellow Regan at a Midtown restaurant some years later. She cordially introduced me to her dinner companion, Mr. Kerik, whose post-9/11 autobiography, "The Lost Son: A Life in Pursuit of Justice," was under contract at her HarperCollins imprint, ReganBooks.

What I didn't know then was that this married author and single editor were in pursuit of not just justice, but sex, too. Their love nest, we'd later learn, was an apartment adjacent to ground zero that had been initially set aside for rescue workers. Mr. Kerik believed his lover had every moral right to be there. As he tenderly explained in his acknowledgments in "The Lost Son" — published before the revelation of their relationship — there was "one hero who is missing" from his book's tribute to "courage and honor" and "her name is Judith Regan."

Few know more about Rudy than his perennial boon companion, Mr. Kerik. Perhaps during his romance with Ms. Regan he talked only of the finer points of memoir writing or about his theories of crime prevention or about his ideas for training the police in the Muslim world (an assignment he later received in Iraq and botched). But it is also plausible that this couple discussed everything Mr. Kerik witnessed at Mr. Giuliani's side before, during and after 9/11. Perhaps he even explained to her why the mayor insisted, disastrously, that his city's $61 million emergency command center be located in the World Trade Center despite the terrorist attack on the towers in 1993.

Perhaps, too, they talked about the business ventures the mayor established after leaving office. Mr. Kerik worked at Giuliani
Partners and used its address as a mail drop for some $75,000 that turns up in the tax-fraud charges in his federal indictment. That money was Mr. Kerik's pay for an 11-sentence introduction to another Regan-published book about 9/11, "In the Line of Duty." Though that project's profits were otherwise donated to the families of dead rescue workers, Mr. Kerik's royalties were mailed to Giuliani Partners in the name of a corporate entity Mr. Kerik set up in Delaware. He would later claim that he made comparable donations to charity, but the federal indictment charges that $80,000 he took in charitable
deductions were bogus.

Amazingly, given that he seeks the highest office in the land, Mr. Giuliani will not reveal the clients of Giuliani Partners. Perhaps he has trouble remembering them all. He testified in court last year that he has no memory of a mayoral briefing in which he was told of Mr. Kerik's association with a company suspected of ties to organized crime.

Ms. Regan's knowledge of Mr. Giuliani isn't limited to whatever she learned from Mr. Kerik. She used to work for another longtime Giuliani pal, Roger Ailes, the media consultant for the first Giuliani campaign in 1989 and the impresario who created Fox News for Mr. Murdoch in 1996. A full-service mayor to his cronies, Mr. Giuliani lobbied hard to get the Fox News Channel on the city's cable boxes and presided over Mr. Ailes's wedding. Enter Ms. Regan, who was given her own program on Fox's early lineup. Mr. Ailes came up with its rather inspired first title, "That Regan Woman."

Who at the News Corporation supposedly asked Ms. Regan to lie to protect Rudy's secrets? Her complaint does not say. But thanks to the political journal The Hotline, we do know that as of the summer Mr. Giuliani had received more air time from Fox News than any other G.O.P. candidate, much of it on the high-rated "Hannity & Colmes." That show's co-host, Sean Hannity, appeared at a Giuliani campaign fund-raiser this year.

Fox News coverage of Ms. Regan's lawsuit last week was minimal. After all, Mr. Giuliani dismissed the whole episode as "a gossip column story," and we know Fox would never stoop so low as to trade in gossip. The coverage was scarcely more intense at The Wall Street Journal, whose print edition included no mention of the suit's reference to that "senior executive" at the News Corporation. (After bloggers noticed, the article was amended online.) The Journal is not quite yet a Murdoch property, but its editorial board has had its own show on Fox News since 2006.

During the 1990s, the Journal editorial board published so much dirt about the Clintons that it put the paper's brand on an encyclopedic six-volume anthology titled "A Journal Briefing — Whitewater." You'd think the controversies surrounding "America's Mayor" are at least as sexy as the carnal scandals and alleged drug deals The Journal investigated back then. This month a Journal reporter not on its editorial board added the government of Qatar to the small list of known Giuliani Partners clients, among them the manufacturer of OxyContin. We'll see if such journalism flourishes in the paper's Murdoch era.

But beyond New York's dailies and The Village Voice, the national news media, conspicuously the big three television networks, have rarely covered Mr. Giuliani much more aggressively than Mr. Murdoch's Fox News has. They are more likely to focus on Mr. Giuliani's checkered family history than the questions raised by his record in government and business. It's astounding how many are willing to look the other way while recycling those old 9/11 videos.

One exception is The Chicago Tribune, which last month on its front page revisited the story of how, after Mr. Giuliani left office, his mayoral papers were temporarily transferred to a private, tax-exempt foundation run by his supporters and financed with $1.5 million from mostly undisclosed donors. The foundation, which shares the same address as Giuliani Partners, copied and archived the records before sending them back to New York's municipal archives. Historians told
The Tribune there's no way to verify that the papers were returned to government custody intact. Mayor Bloomberg has since signed a law that will prevent this unprecedented deal from being repeated.

Journalists, like generals, love to refight the last war, so the unavailability of millions of Hillary Clinton's papers has received
all the coverage the Giuliani campaign has been spared. But while the release of those first lady records should indeed be accelerated, it's hard to imagine many more scandals will turn up after six volumes of "Whitewater," an impeachment trial and the avalanche of other investigative reportage on the Clintons then and now.

The Giuliani story, by contrast, is relatively virgin territory. And with the filing of a lawsuit by a vengeful eyewitness who was fired from her job, it may just have gained its own reincarnation of Linda Tripp.

Emailed Letter To Reverend Jesse Jackson On Barack Obama



Greetings Rev. Jackson,

I've grown up in Chicago -- first at 7427 Wentworth and then 7908 Kimbark -- and now live in Oakland, CA.

I have long been an admirers of yours, but I'm confused and dismayed by your column in the SunTimes.

Here:

http://www.suntimes.com/news/jackson/668053,CST-EDT-JESSE27.article

Why do you continue to make statements that publications like The Huffington Post use against Senator Barack Obama?

Also, you know Barack's the first African American cadidate who can win. He's ahead in Iowa in many polls and since many polls are rigged has a bigger advantage than you've seen. Thus your column, though I doubt it has much impact, seems timed to hurt him. Why? Why are you trying to wreck our first real chance to -- by having an African American candidate as President -- end racism as we know it?

Why do you work to deny young African Americans the chance to see someone who looks like them in the position of Commander in Chief? What's the deal? Why do you seem to want to stop the rise of a person uniquely positioned to bring America together?

Barack's a lot like me, and I'm Black. He was born one year earlier than I and on the same day. He's an inspiration to me regarding what I can achieve in my field of life. I want him to win, just as I wanted you to win in 1984.

Please stop what you're doing and join us. Please don't be what some call a "crabbarrel" dweller -- pulling someone else down just because you don't want to see them excel.

Why not help Barack, openly and without asking for a favor in return. Just help. We do need you.

I believe we will win because there are too many people like myself who are working to WILL a Win.

Join us. Join us, please.

With respect....

--
Zennie Abraham, Jr.
Chairman and CEO
http://www.sbs-world.com
Sports Business Simulations

Sean Taylor | ESPN's Jeffri Chadiha On Sean Taylor



Jeffri Chadiha wrote what I consider to be a classic article on this massive trajedy, the murder of Sean Taylor.

Birth of daughter gave new meaning to Taylor's life

By Jeffri Chadiha

There are many details to be sorted out in the shooting death of Washington Redskins safety Sean Taylor, but this much we do know: This was a man whose life appeared to be changing for the better.

That's the only thought that kept going through my mind after hearing Taylor had died early Tuesday morning, a day after being shot by an intruder in his South Florida home. This wasn't the same immature kid who spent his first two seasons baffling Redskins management with poor decision making. This was a young father, a hard-hitting defender fresh off a Pro Bowl season, a maturing 24-year-old who finally understood what it took to be a professional.

Now there certainly are plenty of people who will say that Taylor's death is about more than just football, and there is no question about that. But what can't be dismissed is that most of what we know about Sean Taylor relates to football. Taylor rarely talked to reporters and most of our insight into his life came from his on-field performance and off-field issues. It's apparent that the playing part was never much of a problem for him. The off-field stuff was another issue, especially during Taylor's first two seasons.

But the feeling from the Redskins was that Taylor had put the problems that plagued him early in his career behind him -- including the seven fines he'd received for late hits and other infractions, and the $25,000 fine he incurred for skipping a mandatory rookie symposium after the Redskins selected him fifth overall in the 2004 draft. He was no longer the same man who had been accused of brandishing a gun during a fight in 2005. In that case, Taylor accepted a plea agreement of two misdemeanors and received 18 months' probation.

Yet somehow, through all those issues, he had started the valuable process of growing up. The most obvious sign was the relationship he had with his 1-year-old daughter, Jackie.

"It's hard to expect a man to grow up overnight, but ever since he had his child, it was like a new Sean, and everybody around here knew it," Redskins running back Clinton Portis told reporters. "He was always smiling, always happy, always talking about his child."

Teammates always claimed that Taylor had more common sense than he displayed early in his career. It's much easier to believe that when observing his behavior since Jackie was born in May 2006.

Not only had Taylor avoided trouble, but he had become even better on the field. A few weeks ago, Redskins defensive coordinator Gregg Williams gushed about how Taylor had become the best safety in the league, a defender whose intimidating combination of size (6-foot-2, 212 pounds) and speed allowed him to excel in coverage and against the run. The more you listened to people talk about Taylor, the more you sensed he had turned an important corner in his life and his career.

But now we must reflect.

Taylor apparently had lost so much blood from an arterial wound in his leg that he wound up in a coma shortly after reaching Jackson Memorial Hospital in Miami. There had been some signs of hope -- Redskins vice president of football operations Vinny Cerrato told the media Monday that doctors were encouraged by Taylor's ability to squeeze a physician's hand on request and show facial expressions. But Taylor's injuries were too severe. Now his family and friends and the Redskins are left wondering how to make sense of this tragedy.

Taylor's teammates clearly struggled to find the words to convey those feelings. On Monday, Portis talked about how it was impossible for a teammate and friend to turn back time and step in front of the bullet that pierced Taylor's leg. Safety Pierson Prioleau said Taylor was more than just a member of the Redskins; he was a father, a brother and a dear friend to many in that locker room. Redskins coach Joe Gibbs said there's no easy way to deal with a tragedy like this. It's just too far outside the scope of what most people face.

In may take some time to sort out exactly what happened the day Taylor was shot. Even when we do find out, it may not make much sense. After all, Taylor had seen the value in growing up long before somebody broke into his home and shot him. He saw it in his daughter, in his growth as a player.

Hopefully, people will remember that about his character as they mourn him today.

Jeffri Chadiha is a senior writer for ESPN.com.

Barack Obama Holds Foreign Policy Town Hall Meeting In Iowa - Video

Senator and Presidential Candidate Barack Obama held a town hall meeting on foreign policy in New Hampshire this morning. This video is a highlight of what the Senator said before the close of the event



Panelists included:

Richard Danzig – Former secretary of the Navy under President Clinton
Tony Lake – National Security Advisor to President Clinton
Adm. John Hutson (USN Ret.) – Bow, NH resident; Dean of Franklin Pierce Law Center; former U.S. Navy Judge Advocate General and nationally-known expert on detention and interrogation
Samantha Power – Pulitzer Prize-winning author and renowned professor of human rights and foreign policy
Susan Rice – Former Assistant Secretary of State for African Affairs
Senator Barack Obama

Redskins Safety Sean Taylor Passes at 24 From Senseless Attack



There are some things you believe will not happen. As you may know, Washingon Redskins Safety Sean Taylor was in a hospital fighting for his life. But what you may not know is that he lost that battle , having simply not enough blood to continue.

In all of my years with the NFL family I can think of only one incident so painful and that's the murder of my cousin, Colts and Panthers Running Back Fred Lane.

My thoughts and prayers to all of the Redskins players and staff and the friends and family of Sean Taylor.

Monday, November 26, 2007

Hillary Clinton Lesbian Gossip Will Not Die - Picked Up By London Times

Well, I'm not sure I know what to make of this story. I personally don't care if it's true -- I mean the idea that Senator Clinton may be "Bi" -- but I think the allegations are totally stupid.

I mean she's got an aide who answers the phone late at night. Ok. It's a campaign and people are at the house -- working. Big deal? Well, the story started with the acid-text of Village Voice writer Michael Musto August 7th , when the gossip was fairly burried deep in his column of the day, but seems to jump out at the eye like a full moon.

What's happened since is this story's hit Matt Drudge's website, The London TImes, and even online 'zine's like "CO-ED Magazine" which is targeted to college students. Since lesbian relationships have become a new right of passage, Senator Clinton may have picked up a new class of voters. The question is will she lose the more traditional voter in Iowa just by the fact that the story will not die?

We shall see.

I can say that even though I'm an Obama supporter, I feel sorry for Senator Clinton here. I mean she had to deal with President Clinton's love for flirting and beyond and now rumors of an affair not with a man but a woman while she's running for President.

Not a cool place to be. But one wonders why this story persists -- it's resulted in about 44,000 search results on Google.

I think the reasons behind this may be rather sinister, but not in the way you think...

Plus, if it's not true, kill it. I want Obama to win, then pick Hil as his VP.

Perfect.

Amanda Congdon't Last ABC Video-Blog (Vlog)

Although Amanda actually annouced her departure from ABC about three months ago, she was still working. But time has past and now Amanda's just posted her last video-blog (vlog) for ABC.

In her video Amanda gives a rather telling comment regarding learning a lot about "traditional media." From my perspective, ABC never really understood what they had in Amanda, and thus didn't benefit from her technical knoweldge.



Here's Amanda on Blip.tv...

TechCrunch's Arrington Interviews Barack Obama On Tech Issues

A great interview which shows the Senator's command of key Internet issues facing us.

Q&A With Senator Barack Obama

Net Neutrality

Michael Arrington: What is your position on net neutrality? Specifically, should tiered pricing be allowed by the access providers?

Senator Barack Obama: As I stated during my visit to Google on November 14, I will take a backseat to no one in my commitment to network neutrality. The Internet is the most open network in history. We have to keep it that way. I will prevent network providers from discriminating in ways that limit the freedom of expression on the Internet. Because most Americans only have a choice of only one or two broadband carriers, carriers are tempted to impose a toll charge on content and services, discriminating against websites that are unwilling to pay for equal treatment. This could create a two-tier Internet in which websites with the best relationships with network providers can get the fastest access to consumers, while all competing websites remain in a slower lane. Such a result would threaten innovation, the open tradition and architecture of the Internet, and competition among content and backbone providers. It would also threaten the equality of speech through which the Internet has begun to transform American political and cultural discourse. Accordingly, network providers should not be allowed to charge fees to privilege the content or applications of some web sites and Internet applications over others. This principle will ensure that the new competitors, especially small or non-profit speakers, have the same opportunity as incumbents to innovate on the Internet and to reach large audiences. I will protect the Internet’s traditional openness to innovation and creativity and ensure that it remains a platform for free speech and innovation that will benefit consumers and our democracy.

Privacy

MA: Should the government involve itself in protecting personal privacy online? Since current measures are doing little to solve the problem, what do you think can be done to address the issue?

BO: Dramatic increases in computing power, decreases in storage costs and the huge flows of information that characterize the digital age bring enormous benefits, but also create risk of abuse. We need sensible safeguards that protect privacy in this dynamic new world. As president, I will strengthen privacy protections for the digital age and will harness the power of technology to hold government and business accountable for violations of personal privacy.

Specifically, I will do the following:

To ensure that powerful databases containing information on Americans that are necessary tools in the fight against terrorism are not misused for other purposes, I support restrictions on how information may be used and technology safeguards to verify how the information has actually been used.

I support updating surveillance laws and ensuring that law enforcement investigations and intelligence-gathering relating to U.S. citizens are done only under the rule of law.

I will also work to provide robust protection against misuses of particularly sensitive kinds of information, such as e-health records and location data that do not fit comfortably within sector-specific privacy laws.

I will increase the Federal Trade Commission’s enforcement budget and will step up international cooperation to track down cyber-criminals so that U.S. law enforcement can better prevent and punish spam, spyware, telemarketing and phishing intrusions into the privacy of American homes and computers.

Mobile Spectrum Auctions and Rules

MA: What is your position on the mobile spectrum? Should government force open access or should it simply auction it off to the highest bidder and let the carriers decide what types of services to offer?

BO: I will confront the entrenched Washington interests that have kept our public airwaves from being maximized for the public’s interest. As president, I will demand a review of existing uses of our wireless spectrum. My bottom line is that rural America needs more and better wireless broadband service, networks should be as open to innovation as possible, and the consumer needs greater freedom and choice. We must make sure the nation’s airwaves are licensed to maximize their public benefit. Auctions have most recently been conducted without sufficient incentives to encourage full use and competition. With respect to the upcoming 700 megahertz auction, many experts believe that this spectrum in question is the last remaining available space in the airwaves for auction with the promise to get wireless broadband deployed to every community. I would have gone further than the Federal Communications Commission has done to date to make sure that this spectrum will be used and open to innovation, but I support the direction the FCC is moving in toward more competition and encouraging new entrants into this market and I will direct my administration’s FCC to continue moving in that direction.

The Digital Divide

MA: What is your opinion of the E-rate program? What else can be done to increase access to technology in our schools? What can be done outside of schools to address the digital divide more generally?

BO: I consider the E-rate program a success because it has helped make broadband nearly ubiquitous in America’s public schools and I am honored that Reed Hundt and Bill Kennard, the FCC Chairmen under President Clinton who oversaw the plan’s creation and implementation, have chosen to endorse my candidacy for President. Unfortunately, we have not made further progress under the Bush Administration and I will recommit America to ensuring that our schools, libraries, households and hospitals have access to next generation broadband networks. I will also make sure that there are adequate training and other supplementary resources to allow every school, library and hospital to take full advantage of the broadband connectivity. In terms of bridging the digital divide outside of schools, I will reform the two major programs which can drive broadband into underserved communities. I described a bold approach to reforming spectrum policies in the previous question. In addition, my administration will establish a multi-year plan with a date certain to change the Universal Service Fund program from one that supports voice communications to one that supports affordable broadband, with a specific focus on reaching previously un-served communities. Finally, I will encourage innovation at the local level through federal support of public/private partnerships that deliver broadband to communities without real broadband.

Education

MA: How would you define “technically literate?” What technology skills should every eighth grader possess? What do you think is the best way to reach the goal?

BO: To me, technical literacy means ensuring that all public school children are equipped with the necessary science, technology and math skills to succeed in the 21st century economy. As president, I will make math and science education a national priority and provide our schools with the tools to educate 21st century learners. Access to computers and broadband connections in public schools must be coupled with qualified teachers, engaging curricula, and a commitment to developing skills in the field of technology. All children must have access to strong math and science curriculum at all grade levels, including the pre-K level. That’s why I will also invest in research and development in science education to determine what types of curriculum and instruction work best. At the college level, I will work to increase our number of science and engineering graduates, encourage undergraduates studying math and science to pursue graduate studies, and work to increase the representation of minorities and women in the science and technology pipeline, tapping the diversity of America to meet the increasing demand for a skilled workforce. If we export our best software and engineering jobs to developing countries, it is less likely that America will benefit from the next generation innovations in nanotechnology, electronics, and biotechnology. We must have a skilled workforce so that we can retain and grow jobs requiring 21st century skills rather than forcing employers to find skilled workers abroad.

Internet and Taxes

MA: What is your position on Internet-only taxes? What is your position on the capital gains tax rate? What is your position on the way venture capitalists should be taxed on carried interest?

BO: Internet-Only Taxes: I support the moratorium on Internet-only taxes and will support all efforts to keep the Internet tax free.

Capital Gains Taxes: I will promote tax fairness by adjusting the top dividends and capital gains rate to a level that would be closer to, but no higher than, the rates set during the Reagan Administration in 1986.

Carried Interest: I will close the carried interest loophole.

Immigration and H1B Visas

MA: What is your position on H1B visas in general? Do you believe the number of H1B visas should be increased?

BO: Highly skilled immigrants have contributed significantly to our domestic technology industry. But we have a skills shortage, not a worker shortage. There are plenty of Americans who could be filling tech jobs given the proper training. I am committed to investing in communities and people who have not had an opportunity to work and participate in the Internet economy as anything other than consumers. Most H-1B new arrivals, for example, have earned a bachelor’s degree or its equivalent abroad (42.5%). They are not all PhDs. We can and should produce more Americans with bachelor’s degrees that lead to jobs in technology. A report of the National Science Foundation (NSF) reveals that blacks, Hispanics, and Native Americans as a whole comprise more that 25% of the population but earn, as a whole, 16% of the bachelor degrees, 11% of the master’s degrees, and 5% of the doctorate degrees in science and engineering. We can do better than that and go a long way toward meeting industry’s need for skilled workers with Americans. Until we have achieved that, I will support a temporary increase in the H-1B visa program as a stopgap measure until we can reform our immigration system comprehensively. I support comprehensive immigration reform that includes improvement in our visa programs, including our legal permanent resident visa programs and temporary programs including the H-1B program, to attract some of the world’s most talented people to America. We should allow immigrants who earn their degrees in the U.S. to stay, work, and become Americans over time. As part of our comprehensive reform, we should examine our ability to replace a stopgap increase in the number of H1B visas with an increase in the number of permanent visas we issue to foreign skilled workers. I will also work to ensure immigrant workers are less dependent on their employers for their right to stay in the country and would hold accountable employers who abuse the system and their workers.

Intellectual Property

MA: Do you think changes are needed in the way the U.S. Patent and Trademark Office reviews and grants patents?

BO: I know that it is essential we have a system that produces timely, high-quality patents. By improving predictability and clarity in our patent system, we will help foster an environment that encourages innovation. Giving the Patent and Trademark Office (PTO) the resources to improve patent quality and opening up the patent process to citizen review will reduce the uncertainty and wasteful litigation that is currently a significant drag on innovation. With better informational resources, the Patent and Trademark Office could offer patent applicants who know they have significant inventions the option of a rigorous and public peer review that would produce a “gold-plated” patent much less vulnerable to court challenge. Where dubious patents are being asserted, the PTO could conduct low-cost, timely administrative proceedings to determine patent validity. As president, I will ensure that our patent laws protect legitimate rights while not stifling innovation and collaboration.

Renewable Energy

MA: Should carbon emissions be taxed? What will you do to encourage U.S. innovation into renewable/sustainable energy sources?

BO: I support implementation of a market-based cap-and-trade system to reduce carbon emissions by the amount scientists say is necessary: 80 percent below 1990 levels by 2050. I will start reducing emissions immediately in my administration by establishing strong annual reduction targets, and I’ll also implement a mandate of reducing emissions to 1990 levels by 2020. I will use some of the revenue generated from the cap-and-trade permit auction to invest in climate-friendly energy development and deployment. This will transform the economy and create millions of new jobs. I will invest $150 billion over 10 years to advance the next generation of biofuels and fuel infrastructure, accelerate the commercialization of plug-in hybrids, promote development of commercial scale renewable energy, invest in low emissions coal plants, and begin transition to a new digital electricity grid. A principal focus of this fund will be devoted to ensuring that technologies that are developed in the U.S. are rapidly commercialized in the U.S. and deployed around the globe.