Declan McCullagh, senior writer for CNET News, discusses the historical decline of U.S. government involvement with the physical Internet, Jay Rockefeller’s Senate bill that gives the president broad powers during an ill-defined 'cybersecurity emergency,' the continuing struggle between government surveillance and private anonymity and how the private sector is much more capable of responding to cyber attacks than the Pentagon.

Declan McCullagh, chief political correspondent for CNET, discusses the current financial crisis, the cost of the bailouts to Americans, newly permanent IRS undercover operations powers, the many data bases tracking us, the last minute additional terms to the final bailout package and the broad power given to the Treasury Secretary.