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producers, and billions more in green energy give aways. so, mary, i thought this was about social justice, the rich paying their fair share. what happened? >> yes, the rich paying their fair share to her rich people. it's redistribution. >> paul: from the rich to the rich. >> well, we know this is basically how washington works. you have lots of lobbyists working on capitol hill and their job is to get money out of the rest of us and give it to special interest and that's basically what happened here. you remember way back when we when we started talking about this, lower the rates and broaden the base. that's not, you know, even remotely what happened here. it was really just more of complicating the tax code in order to help people who had effective lobbyists. >> paul: if you had talked to the hollywood producers who have their lobbyists, motion picture association, 430 million, they'd say we need this, if we don't, they'll make films in new zealand or canada and we'll lose that business. wouldn't that be true of any business, too? you could say, yeah, if you don't give them a special t

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cutting and tax increases. we need a third bucket, energy. the most prolific energy company in the world now. >> bret: when he says at one point several weeks ago that the president said we don't have a spending problem and boehner said, "mr. president, we have a serious spending problem." he repeated the message so often, he said toward the end of the negotiation the president became irritated and said to boehner, "i'm getting tired of hearing you say that." when you hear the quotes, what do you think? >> i'll be straight about this. anybody in a responsible position that doesn't understand we have a spending problem, driven by massive increases in entitlement costs, which nobody votes on when you put them all together, in a social security, medicare and other issues and the debt, it consumes more than 60% of the national revenue. if we don't deal with them, in 12, 15, a few more years we'll eat the revenue of the national government. everybody knows you have a spending problem. if you don't, if you say we don't you are trying to avoid it or you think the economic growth will get you th

is the dramatic cash flow. energy costs down in the united states, that matters. the saudi plan is finally kicking in. and, you know, this is a cash on hand story. they've really developed a situation where they've brought some labor costs down. they had a pension contribution. always difficult. $1.9 billion cash, they only have one piece of debt due in 2013. this is a much better story. again -- >> i want the bigger takeaways. i care about it, but i don't care that much. i want to care more about what it says -- >> i think that's a great point. the answer is, europe's not getting that much worse. you know, if you were a calculus guy, you would say the rate-to-rate exchange is greater. if we have a problem with the debt ceiling. china is straight up. what is klaus's view on china? he thinks the new regime came in and said, you know what, we've been way too tight, way too worried about inflation. let's put on the jets, infrastructure spend. what i think they're developing in china, and i candidly get this from klaas, it's a sewer situation. i know that sounds strange. but literally they've got to d

hate it when you say that. but look, bonds offer very little value. i use lindco and lind energy as an example. versus some of the real estate investment trusts. medical and health care. there's a lot of bond alternatives. you don't have to be stopped. >> even a dividend yielder like j & j. >> j & j is so undervalued. stock up 7% to 8% last year? with a stroke of a pen they could get that stock to 80, just by breaking it up. put together by someone who, frankly, i know is revered, weldon. there's no reference here for it. >> what is the ten-year -- what is the yield on the ten-year have to get to before we decide that the great rotation is in the midst of happening from bonds to stocks? >> i would have told you when a dividend -- >> now? >> when we thought the tax was going to go to 40%, i would have said, you know, it goes up a half a percent, that's fine. but look, dividends were preserved. we never talk about how big that was, the dividend -- >> enormous. >> it's led to a lot of buying in the last few days. people said, oh, i've got to sell those stocks. even the worst ones ha

're at a time in your life where you have an enormous amount of creative energy, and there's no way to express it. that's why a lot of people get into drinking or drugs or whatever. ben and i talked about trying to channel it somewhere, and the script was a good way to do that, because it kept us focused and it captured that creative energy which otherwise would have just been frittered away in some other way. so in one sense it was about control then. now if there's an idea i think is really good and i feel like i can write it, then i'll do it. but i don't know that that's about control, necessarily. tavis: i don't know how to frame this question, but i'm going to ask it and you'll do justice to it, i'm certain. given that you started out as a writer, to your point, because you couldn't get hired at first, what kind of freedom, liberty, i'm trying to find the right word here, has the writing, knowing that you can write, knowing that you can write really good stuff, knowing that the good stuff you write can be made, so that you're not ever stuck in this actor's lane, if i can use that -- you s

the new york post that quote, he's supposed to be the face of clean energy and he just sold out to very big oil. by the way, al gore was not at that meeting. the staffers are mad because he sold to big oil, not because he sold to al-jazeera. >> and where have the the staffers been. al gore has always been big on everybody else being socially responsibility except him, including his private equity fund doesn't invest in a lot of clean energy. the staffers should have known this about al gore a long time ago. >> the former vice-president of the united states of america sells to al-jazeera. >> al-jazeera, and because, by the way, he sold to them because he says they were ideologically compatible. stuart: not glenn beck. charles: oh, no, al-jazeera wants to bring the voice to the little people. and of course al gore made 100 million on the deal. not little any way you can describe it. >> the quickest way to destroy your credibility, watch what you're doing with your money and what you tell people to do with their money. stuart: welcome back, liz. and we've heard some have not bought into it

's turning. are there other sectors like energy other other places that you think are fun to be in a good position? >> you know, when i comes to things like energy and commodities, i like to look for the companies either that are able to get the stuff from here to there or are figuring out how to get away without using quite so much of it. the obvious energy names, i think that's pretty well done. although i can't comment to be an expert on the names in the sector. house sg on its way back. and then you may start wanting to look for, you know, who benefits in the second derivative from those -- from the strength we're going to see in the housing market. >> other key themes, yesterday we is spoke with byron lein who gave us a list of predictions. one of them was the energy sector who said because you're going to see so much more production, you could see a drop in oil to $70. >> that's the privilege of watching this on an airplane yesterday. i saw byron's interview. and i know he came off pass mystic. remember there are some powerful, marginal players in the energy market. we need energy p

and energy, not only for this year but the next three to five years out. i think financial services deserves also a close look as well with many healthy financial services companies and, of course, what they have done to de-leverage. would i say those three areas before i would look at and focus on with high marks towards energy and some telecom as well. information technology. >> all right, jeff? >> yeah. we like large-cap stocks and in particular we like technology materials and energy. in particular we're actually adding to international markets. we think the valuation is more attractive than the u.s. markets so we think europe is another place we can put money to work. >> gordon, do you see any areas not participating that are warning signs to you or that are opportunities where you can still get in at this point? >> well, one of the things that i've been looking for is a question of whether this whole business of austerity and cutting back is going to have such a detrimental effect that you won't see growth in things like materials and infrastructure overall. i haven't seen that so i th

. friday, a five-year high. know we don't have a lot of energy, but i'm not that worried about it right now. see a bigger drop before people got concerned. upside, boeing having a lot of problems. airlines, all up today. the numbers have been great. fares up and revenue trends stable and fuel prices are stable. we've got a potential deal out there with u.s. air, and -- and amr out there, so the important thing is good news for the airlines in general. all the jewelry companies having a great day. cignet great sales, most jewelry stores to the upside. telecoms on the weak side. pcs had very weak subscriber figures though that was during the trading day yesterday. a little strange about the fact that they are all down today. finally, guys, you were talking about whether or not we'll have good numbers on the earnings front and whether the weak earnings are baked. in doing the same thing again, guys. brought the numbers down really, really low. 3% growth in the 500 so far this quarter. down from 12%, 13%. they are going to beat these numbers once again and so the bulls will argue that once agai

rated going up 2 percentage points. >> i think what is going to drive it is a return to some energy in in the housing market. we're starting to see that, higher prices and march more sales. i believe we're going to see as a result what is happening in washington, d.c. an awareness. republicans have surely learned a licenses. this president has learned a. >> think he is going take it to the limit. think that is what he is going to do. he is doesn't care about public opinion any more and he is going to take as much money from lou dobbs as he can get. in the process, because i'm very worried about a reversal people and small business owners they will cut payroll and cut back and unemployment goes up. wealthier people on the bubble. we're not talking about people with billions of dollars, maybe i'm not going to buy that big car because now i'm paying more to the feds. i'm not so sure this is right way to go economically in this country. you are much smarter in these areas. >> we have to agree on something. the reality we're going to to see this money returned to the american middle-clas

rehilitate the dog? >> first i find the right energy for that dog. compatibility is moremportant than anything else. >> with the owne a lot of timeseoe come and rescue a dog ty feel sorry r. the dog is already in a bad position. if your engy is negati, he is knoed going toeelsafe. >> as saw with yr last sw og whisperer" sometimes you say it's more about the humans having to train them rather than the dog. is always about the hun. in the animal world, it's energy. th don't know wh you do for a living. theyust know the energy you project. if youe nervous,ou have to be are o that. otherwise they pk up on i right ay. >> what are we going to do today? >>ou're going to pic your dogs. how unternto their space -- by the way -- >> a dog or just go down the line? >> any dog you want. hey. >> hi. >> hi, buddy. >> so do we have to know their mes or does that not tter? >> some peo fl comfortable with it. i neve ask for the name. th the first step. the second step is, unleash the dog zplu. >> you want us to take the leas >> yes. everything counts, eve second ho you deal with -- >> okay,ok, okay. >


energy -- >> look, we're at a moment where i don't think anybody who's got a mortgage, they know they're getting a good price. the ohio regionals are going to do better. that welgs is now a sale. look, wells could go to 33. if it had been to 32, it will go to 33. it ran to $35.40, and the group got ahead of itself. but remember, this is a temporary problem. you have millions of people coming on air every day saying, the fed's going to have to raise rates. if that's the case, wells fargo is your number one stock. >> meanwhile, is american express adding to what morgan stanley has done, what citi has done, and that is trimming their work force. in this case, you could probably argue by a more significant level, right? >> and for different reasons, yes. >> that's really the pressure from the digitization of the travel business as opposed to morgan stanley. the digits getting smaller and smaller in terms of the profit margins there. >> i was thinking, you know, i remember thinking taking trips with my father in the '70s, you couldn't travel around the world without american express travel

and there's a benefit but in this study the benefits of economic development, energy security in our continent far outweighs the risk. melissa: even if we do harvest this natural resource, do you think that the study shows we need to be more careful about how we're doing it? >> always. it is always a learning process. melissa: yeah. >> fact that they found it, now they can work with the industry, find technology perhaps to reduce things. if his speculation was we do more it will get worse. that is speculation and work with industries to find the right technologies to make sure it doesn't. but at the end of the day, our economy, world runs on fossil fuels, 80%. it is not going anywhere. do it safely. melissa: can't run the world economy without question. what impact of this study do you think? it is getting a lot of attention. that is why we're doing it. >> i saw it all over the place, and the word carcinogens. if you have a a barbecue steak, the same chemicals found deep in the mud are the same chemicals you will be eating on the barbecue. certainly this is the kind of issue that get

. nathan. tadpole. and help ensure a constant supply of clean energy. the things we build share one belief. that the world's biggest challenges deserve even bigger solutions. powerful answers. verizon. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. queen mattresses start at just $699. and right now save 50% on the final closeout of our silver limited edition bed. >>steve: he would have turned 100 years ago. even though it has tphaoerlt been 40 years -- nearly been 40 years since the end of his presidency, richard nixon was a commanding figure. his achievements foreign and domestic won him that reelection in a landslide way but during that reelection is when it all seemed to get overwhelmed. we're talking watergate. joining us is the editor of "national interest" and author

the president keeps doubling down. we got another $12 billion to be spent on wind energy alone this year. it is a failure. nothing has happened with wind energy. we haven't created that many jobs. only 48,000 jobs in the wind industry but we're subsidizing it to the tune of $12 billion this year. >>steve: that is something you have railed on your program and this channel as well that the government is trying to pick winners and losers. >> the government should not be doing that. this is the end point of the government trying to pick winners in green energy. it's an ideological program. the left says we've got to have green energy, so we subsidize it. we try to pick winners and losers. >>brian: it will be great when it works. we have skilled people, scientists that have been working on this technology, trying to make it come true. in comes the chinese money as they buy the company and they also get the scientists. so they're going to be working on this leading-edge technology that could be converted to military tepbl for -- military technology for another country. >> we have lost our mone

acquisition, very good. there's so many notes out today, that energy is going down in price. that's always been the variable that no one can control. i think we've all flown planes and would be shocked that, hey, this is an extremely full flight, will you please put your luggage where you can't find it. i do believe southwest, after what i thought was paying too much for air tran, was able to rationalize this. i like the deutsche bank upgrade. >> then it came out. >> thank you. you know, yesterday's phil lebeau report, you watch the stock shrink as you see the smoke coming. boeing is one of the best-run companies in the world, would i fly this thing. but the technology of a new plane obviously challenged. >> interesting. >> we've had gordon bethune, he calls it a teething problem. which i guess happens with every new model. just rarely on such a public scale, right? this is an operation now. >> you need some gripe water. >> it still works. >> i don't know if you ever used that. that's a way to be able to -- when the kids don't feel well, teething problem. but i will point out, it may be a



, but it matters to a lot of big multinationals that use energy, and, of course, it's always the consumer. >> it's going to be a bigger story next week. we are caught in a sideways pattern for the last week, week and a half, and that pattern caused very little movement in crude oil; however, next week, it's due for the move. what i see is if it breaks 94.20, we're headed up, and headed up to $98. we could be going to $86. we could see that next week. liz: gentlemen, try to have a good weekend. it's the flat line for the dow jones industrials. thank you for joining us. >> thank you, liz. liz: any time. so many cross currents in the markets, stocks at five year highs, weakness in the bond market, fair amount of volatility, and so with that in mind, what's the game plan for 2013, and what's that mean for firms tied to capital markets? perfect person to have on this. a fox business exclusive with howard, fitzgerald ceo of bcg partners. there's 20 # things thrown at you, but you are the guy with a broader picture of everything from commercial real estate to trading volumes to what's happening with th

-- >> in the first two years? >> out of 62. >> renewable energy and the like. >> exactly right. renewable energy. anything made in american samoa, for example, gets this tax write-off, et cetera. and that's, you know, that's for attorneys -- >> why american samoa? >> it's a good question. again, the best guy to look at this is a guy named tim carney who writes for the "washington examiner" he's my colleague, and he does all the investigative reporting on this stuff. and he'll trace it all the way back to who knew who and somebody's friend and somebody's brother-in-law, et cetera, et cetera, you can find it all. but the bottom line is it's not right. it's not what we're actually trying to get the government to do. even if you're a liberal you think that somebody should be held, that the rich should pay something like whatever we call their fair share. nobody thinks that their fair should go into the pocket of another rich guy who simply has a better lobbyist. that's just not right. >> do you have that chart, greko? >> this is a call for corporate tax overhaul and just for tax overhaul in general,



of the oil industry. he is the top democrat in the house on energy issue, and he has been really confrontational with the oil industry, particularly on safety issues. at a time when lots and lots of his colleagues in congress have been quietly and happily awash in oil money. but ed markey has just been a bulldog on the oil industry over the years, particularly on public safety. during the deepwater horizon disaster in 2010, for example, it was ed markey who brought national attention to the fact that the big oil companies, including bp, had basically just mailed it in when it came to their oil response plans. these documents that were supposed to describe in great detail exactly what they would do in the event of a disaster, ed markey hauled the oil industry's executives up to capitol hill to call them on what was really in those plans, to do this -- >> these five companies have response plans that are virtually identical. the plans cite identical response capabilities and out the identical ineffective equipment. like bp, three other companies include references to protecting wal

, big subsidies for green energy. and offshore tax havens. goldman sachs gets a tax credit to build a new building in downtown new york. citi also gets a subsidy for offshore. these are the banks. i thought we stopped giving money to the banks. g.e. i guess my friend jim immelt his time on those advisory committees is paying off. i mean, tim carnie, isn't this proof pudding why we need tax reform and especially business tax reform? >> tax -- >> these are stables. these are dirty stables full of you know what, tim. >> tax -- yeah, tax complexity is the lifeblood of so many lobbyists on k-street. it has a huge dead weight cost on the economy and the big guys benefit while the small guys who don't understand it all they're the losers. >> see, this is not free market capitalism. tim carnie knows that. i say to you the viewer. this is not free market capitalism. this is cronyism of the worst kind and corporate welfare of the worst kind. many thanks, tim carnie. >>> now folks today, the markets didn't continue the big rally from wednesday. coming up, the father of supply-side economics ar

energy. that was a laggard, we think that's due for a catchup and industrials should also do well in the upcoming year. >> in terms of washington and the dysfunction, how much of an impact are you expecting this debt ceiling debate to have? >> we're quite worried about it. we hope they don't shoot themselves in the foot. the good thing is the market saw in december even though there was a lot of fighting, ultimately they did the right thing so maybe it doesn't have to sell off as much before. >> i'm sorry, what does that mean? shoot themselves in the foot? does that mean they should do the right thing and stop borrowing 1 trillion a year. >> michael, you're right. we already shot ourselves in the foot. >> shooting ourselves in the foot would be coming up with a deal before the deadline, not a week after the deadline after they scare the bejabers out of everybo everybody. >> in 2011 they raised the debt ceiling and promised to cut $1.2 trillion. guess what? they punted on that one. now they are one sequestration in arrears. they owe us two and we're not getting any. that's not shoo

as some of the energy names. remember, banks usually sell off, maria, after the earnings season starts, not as we're going into it. that's a little bit unusual. keep an eye on that. nat gas stocks on the downside, nat gas on a multi-month low. maria, back to you. >> breaking news right now. let's get to herb greenberg on herbalife. >> reporter: a multitude of new angles on this story on herbalife, this just crossing. dow jones reporting that the securities and exchange commission has opened an inquiry into herbalife. that doesn't mean anything is necessarily going to occur, but it's an inquiry in the company. the stock on this news is down. last i checked it's down 4%, still coming down, as are other companies in the group. i want to point one thing out here, and a lot of times we talk about the federal trade commission. people ferg that the s.e.c. itself can and has in the past probed multi-level marketing companies. maria, back to you. >> herb, thank you. >> amazing timing that this happens on the same day that we find out that dan lobe takes a long position against bill ackman's sho

will be turned into a light show. 25,000 energy efficient lights will light up the western side of the span. the 8 million-dollar project is being paid for by private donations. when drive you won't be able to see those lights. they'll only be visible from the shoreline. >>> and speaking of the bridge, sal of course checking in on the toll plaza. how does it look so far this morning: it's not really a big delay. you can see more people arriving. yesterday at this time we had more people at the toll plaza. maybe today we're going to have a completely light day here. we'll see. it looks good getting into the san francisco. using the san mateo bridge, westbound 92 looks good. this is a look at 101. northbound 101 traffic looks good approaching the 80 split and southbound o 101, we've been looking at that, looking at the road sensors this morning on our maps. a little bit of slowing over the hill coming from half-moon bay to 280. nothing out of the ordinary there. for the most part it looks good. >>> cold out there, not as cold. kind of a damp cold. i think it's in double figures now. the amoun

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housing, energy prices, job growth, have all been trending to the better. so, if those things continue to provide that offset, i think we may be able to manage the, wow, my paycheck is less, but i think it will probably make at least a little bit of a dent. >> neil: all right. great seeing you again. >> thanks for having me on. >> neil: happy new year. hope springs eternal. president barack obama, the anti-ronald reagan? not all because he's going full throttle on tax hikes, because of his latest moves to divide congress. one of the gipper's right-hand men on how the president could be making bipartisan anything impossible. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a busiss you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and


energy it takes from members. but i don't think that the members who are going to be the most involved in the fiscal cliff spending kinds of discussions are the same ones who are going to be pushing on immigration. and as long as you have someone in the senate, like majority leader harry reid, who also wants to move forward, i think you're still going to see some action. host: let's hear what president obama had to say. this is when he was on "meet the press" right before the new year, him talking to david gregory. >> i'm asking about time frame, as you well know, your second-term president, even having one re-election, your capital is limited. what is your single priority of the second term? what is the equivalent to healthcare? >> well, there are a couple of things that we need to get done. i've said that fixing our broken i will great system is a top priority -- our broken immigration system is a top priority. i will introduce legislation to get that done. we've talked about it long enough. we know how we can fix it. we can do it in a comprehensive way that the american people suppo

energy. your heart starts to beat, sweating. >>> this coming fall all incoming freshman at san diego state will be required to go to a similar training exercise on how to survive a campus shooting. >>> 7:47. state lawmakers are drafting a bill that could close a loophole in an old california rape law. it's in response to a ruling that overturned the rape conviction of a los angeles county man. he broke into a home and slipped into bed with the woman. she thought he was her boyfriend so she consented. but she later realized she was being attacked. the judge found under a 140- year-old law what happened was not a crime because the victim was not married. >> we're not able to put that woman's right in this 24th century. it's -- what's next? >> the law makes it a crime for a man to have sex with a woman by tricking her into thinking he's her husband. but it never addresses what happens if that woman is unmarried. last year, a central valley assemblyman introduced legislation to close the loophole but the state senate never took it up for a vote. >>> 18-year-old raisin has been denied the

results. a lot of people think it's a proxy for the global economy. positive energy in the market. i also want to point out the energy information administration basically came out and said by the end of 2014, oil imports will be the lowest since 1987. you have production weigh up. demand pretty flat. and a lot of this has to do with the controversial concept of fraking. back to you. >> brian schactman, thanks again for your help this morning. we'll be right back with much more "morning joe." chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking

, energy particularly in the service sector, places where even if you do get some disappointment on the consumption, are going to be worried about q1, that these companies still have the ability to outperform because they leverage a global growth, they're leveraged to emerging market. one other things that's suggested is looking at larger companies. i had a big rally in small caps last week, but the companies that are from the best positions are the mega and the large caps, not the small caps. >> if you're looking at big companies that are global companies, what are you talking about, a cisco or something? >> yaes. i think that's a good example. companies that are leveraged in infrastructure, companies not so dependent on that consumer wallet share. >> thank you very much for coming in today. >> thank you very much. >>> coming up, we're going to take a crip to the futures pits and check on the early action this morning. but first, check this out. mcdonald's changing its name in the land down under. for one month, mcdonald's restaurants are going to be renamed macas, a local nickn

-general ronald sega. he currently serves as vice president enterprise executive for energy in the environment for colorado state university and ohio state university. led a distinguished career in the u.s. air force. d.o.d. executive force base, and prior to that, director of defense research and technology. he flew two space shuttles. we certainly welcome you. >> we welcome, honorable marion blakey, president and ceo representing more than 150 leading aerospace manufacturers. ms. blakey served a five-year term as administrator of the f.a.a. we do certainly welcome you. associate professor for space science and engineering at the university of michigan, specialist in robotic exploration and space and team leader for the development for the fast imaging plasma spectrometer on messenger spacecraft. we certainly welcome you. dr. scott pace, director of the space policy institute. from 2005 to 2008, associate administrator for program analysis at nasa. we welcome you as well. as our witnesses should know, testimony is limited to 5 minutes, after which members of the committee will have five minut

of dropping down out of the northwest following the system over the weekend. most of the energy stays way to the north. we just get the higher clouds. very thick fog in the morning. then kind of a mix of filtered sun. 50s on the temperatures to near 60. a little cooler for sun. warmer on tuesday, could have more than just a couple of 60s and then wednesday you start to see a system drop down from the north. much, much colder air. definitely colder air coming in. it will probably be warmer as we head towards sunday. >> going up and down. >> yeah. >>> 7:26. cracking down on people who steal copper. the tougher security measures at one bay area school district that's been targeted several times. >>> the suspects in the colorado movie theater massacre is due back in court at this hour for the start of a week- long preliminary hearing. we'll have a live report from colorado. >> reporter: we're live in san jose where police are searching for the person who stabbed a man earlier this morning. we'll tell you the motive that police think is behind the stabbing. share everything. share brotherly lo

is çou the energy secretary may leave ç and sounds like a çbig turnove but when you thinihealth and zv human services, education, ym attorney general, çhousing, transportation, çagriculture a others are staying you ÷úcan se there will be ÷úsome new faces but f%%1%eátáhin the presidq >> httalk about w jac he seems to be ÷úanother controversial pihe obviously the president will u s well. go up to the level ÷úthat the ç former senator of nebraska willv cause in ymhis confirmation hearing. you knew çhim years ago when 8 was working ymfor the speaker o t$house then and jack made ÷ú his way up through the ÷úranks emocratic side, became head f the office of budget and çhas been the white hou(=@chief of ú staff. well regarded. not one to çget in ÷úterms of ç arguments. ure his hearings ÷úwill ç present some differences of opinion çwith what to do ymwit súlconomics questions but i don expect that çone to be çthe focus. kájtrone nominee who getsa ÷ú lot of flack, i'm think ñrthat will be the çformer ÷únebraska senator. >> jack ÷úst

our energy and transport infrastructure so we can keep up with our competitors in the global race, regulating our banks properly, so that immoral behavior and the gross mistakes of the past are not repeated. we're dealing with the challenges of an ageing population. we've reformed public-sector pensions so they are both affordable and fair for both public-sector workers and the taxpayer. in every case, we've put the national interest at the heart of this government and put this country on a path to being a winner in the global race. now, today is all about taking stock of the progress we've made and setting out some of the next steps that we want to take. now, of course there have been difficulties along the way. with public finances as broken as ours, that was, i think, inevitable. but i think we've made a lot of progress, and today we're publishing a document which shows what we've done and what we still have to do. and between now and the budget, we'll be setting out an additional set of reforms that go even further in taking the long-term decisions that are necessary to put us

't, but it precipitated this energy that came from north africa, syria, saudi arabia, of a flood of young people that came into iraq. >> brian: better known as al-qaeda in iraq and they came in there and spread throughout the north. he put together a force to battle them and he eventually won. >> steve: abu grahd lives on. this weekend when the movie, "zero dark thirty" opens wide, apparently in that movie about what happened in the search for osama bin laden, they essentially say we tortured people in the same manner that was used at abu grahd. that flat out, according to mr. rodriguez who -- he was in charge of enhanced interrogation techniques, wrote an op ed in the "washington post" and said that simply did not happen. of course, stanley mccrystal, after the -- >> brian: real quick, he said he used interrogation like waterboarding. >> steve: just not that. >> brian: the stuff that they took was not what he did and they're trying to pin it on the c.i.a. but that was from this abu grahd stuff that some renegade soldiers did when things were running amuck in iraq. they also said on radio yesterday, jose

and raise money on new awareness thing. natural gas used to be the go-to energy solution. once what is implemented they went against that. $17 billion damage to new york city has to be worthwhile environmentally to not have construction crews and the resources it takes to rebuild all the parts of new york city that were damaged. >>alisyn: as we saw with superstorm sandy. your book is called "science left behind." thanks for showing your perspective. >>> the future of gun security. we'll show you what this high-tech revolving door can do. that's next. then dad did not see this coming. his baby steals the show. ♪ as a mom, you spend a lot of time helping others. hamburger helper can help you back. and with box tops for education on every box, it helps you help your school. so you're doing good, just by making dinner. hamburger helper. available at walmart. >>eric: is this the future of gun security? it's a high-tech revolving door. it's a security system all in one trying to get in to keeping guys with guns from getting into malls and schools and theaters. >>steve: that company's ma

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