A trip down memory lane as President Obama describes the technology of his youth, telling students, ''We had pencils.'' Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) STORY: U.S. President Barack Obama said, "We had pencils," when he was asked to describe the technology of his youth at a student event at the Anacostia Library in Southeast Washington, D.C., where he spoke about a government plan to distribute e-books to students. He told the students they had a vast array of information in their phones in their back pockets, but they need to take "advantage" of it. The e-book plan includes $250 million in e-book commitments from publishers, including from the five major publishing houses: Verlagsgruppe Georg von Holtzbrinck GmbH's Macmillan, CBS Corp's Simon & Schuster Inc, Penguin Random House, Lagardere Hachette Book Group Inc, and News Corp's HarperCollins Publishers LLC. The New York Public Library is developing an app to connect low-income kids with the books, and Obama will urge more communities to find ways to get kids into libraries.