First, "Newsweek" reporter Mark Hosenball, "Time" magazine's Walter Issacson, and "Time" contributor Dan Goodgame discuss the political career of Steve Forbes, presidential candidate, and his flat tax proposal. Then, a conversation with Michel McQueen of ABC news, Walter Issacson of "Time", and Jonathan Alter of "Newsweek" about the book"Breaking the News" by James Fallows, which explains how failures in the way news is reported has an impact on the state of American democracy. Finally, Gary Bettman, Commissioner of the National Hockey League, talks about his sport and why it is not as appreciated by Americans as it is in other countries.