x boehner

English 26

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out here in california, you look what happened on the national level, nothing changes. congress did not change one bit. the administration doesn't change one bit. nothing happened the last fur years. and it will not happen the next four years. a big day for redistribution. a big day for big government. a big day if the unions. i don't think anything will change going forward. >>neil: you are right about that so that means trillion dollar gifts build up year after year and we do not yesly address spending and both sides are doing everyone coming closer but you you are not buying it. >>guest: even if they do address this cliff, it is a small piece, i mean, it is acn. medicine on a major disease. it is not going to fix the direction we are on. we are headed to 50 percent of the g.d.p. in the public sector. that becomes very much a directed economy opposed to the invisible hand and a more efficient less corrupt and more libertarian or personal freedoms kind of economy. we are just not there anymore. >>neil: do you think the markets need a deal? more days like this, that will push congre

percent top rate. or more. here we go. >>reporter: that is true if the live in the state of california or someone like you would works, why know if you live in new york but you work in w york and the tax rates in new york city could go do 50 percent and california as high as 52 percent, we have not seen rates that high since the 1970's. >>neil: leave aside what will happen on health care people forget this is a lot more than just returning to the clinton top rate of 39.6 percent. it is about going well beyond that and the fact that democrats are feeling their oats after the election and saying, look, this isn't about just marginal rates but the marginal rates and this, not either, or, but "and" this. >>guest: that is what chuck schumer said before the election, saying close loopholes and raise the rates at the same time, which is exactly the opposite of tax reform. >>neil: how does a guy like that who represents the financial capital of the world sort that out and its economic impact. >>guest: this is an important point i am glad you brought it up. what is the financial capital of the



. >> a senior citizen home in california is under fire for two people died. >> the care giver picked poison mushroom and used them to make the folks a home made soup. they say no foul play was intended. but the victim's loved ones are upset that more is not done about the case. >> brian: are coffee beans disappearing? rising temperatures could wipe oud wild coffee beans and those are the favorite and the shortage could ruin coffee exporters like ethiopia and columbia and blazil it is a warning for the coffee growers; you don't want to be short. >> steve: you just don't. >> gretchen: the capitol of the world declaring monday meatless. the los angeles city council encouraging people to go veggie on the first work way. it is a regulation that can not be enforced. you are meatless on monday regularly. >> brian: yes, a lot of people on pure protein diets are not happy about this. >> steve: it is tastey. >> brian: protein mania. >> steve: beef for breakfast. we'll see what is happening on the weather. portions of america's dairy land storms are moving out . down through the tennessee valley and g



. the polls closed late out on the west coast. i don't think quite enough results have been paid in california. the democratic party captured two thirds in both houses of the state legislature out there as well as winning a substantial increase in income taxes to pay for new education spending. governor gerri brown the democratic party have an opportunity now to governor pure blue and we will see how that works out and they will own it. >> that's going to end well. i think what's needed most about this election is perspective. after the 2008 election, many people, conventional wisdom in washington pronounced the death of conservatism. it was time for the republic party to remake itself and two years later on the backs of the tea party, conservatives

, democratic congressman from california. congresswoman, go do have you back. >>guest: thank you. good to be back. >>neil: i take it from the president's remarks today that it has to be a rate hike on the rich and deductions and playing around with credits and tax breaks will not cut it, did i interpret that correctly? >>guest: no, i do think you interpreted it correctly but it will be interesting to see exactly what the details are. i will look forward to that. in terms of the c.e.o.'s that are meeting with the president right now i will be curious to see what they say but there have been indications from many sectors of the business community including t chamber of commerce, they want to see a deal and everyone has been saying that people do see the need --. >>neil: but chamber of commerce, tom donohue, he is across the street, and he wasn't invited. >>guest: he wasn't? that is interesting. >>neil: i was shocked i wasn't invited. >>guest: neither was i. >>neil: here is what i want to know, it would seem that company, had key congressional caucuses, progressive caucuses and the like a




. dominique di-natale live at lax, the airport in los angeles, california. tell us what's going on. all right, a little bit of a satellite problem, having nothing to do with the story, and basically, there's a boarding pass issue, we'll bring that to you shortly. kelly. >> kelly: i want to hear that because i fly a lot. >> jamie: absolutely, the holidays are coming. >> kelly: we'll try to get back to dominique as soon as we can. scientists now say they've identified a rare mutation of a gene that could increase your risk of-- for alzheimer's and how this could change the fight against the terrible disease. >> jamie: also, millions of americans will reach retirement next year. well, some financial experts say leaving the work force could be for them a big mistake. that news ahead. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishare



the hour. police in fresno, california searching for a motive today after a work-place shooting. the gunman ma methodically opened fire on his coworkers in a chicken processing plant. two dead, two others wounded before the gunman killed himself. an expected nor'easter begins later today. the storm could pack winds of 60 miles an hour. that would be twice in one week bringing six inches of snow to some parts of the area. voters in storm-battered staten island, new york turning out to reelect new york city's lone congressional republican, michael grimm is the winner holding onto his seat defeating democratic challenger mark murphy. martha: well this morning no doubt there are new questions about how the republican party will move forward in president obama's second term. meanwhile both democrats and republicans praising governor romney for a very gracious concession speech that he gave last night. here is part of that. >> i believe that the principles upon which this nation was founded are the only sure guide to a resurgent economy and to renewed greatness. like so many of you, paul and i ha



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