this is broad, carl.ing is coming. >> the dow has doubled in value since the low in march of 2009. we know job growth hasn't kept pace. do you see that catching up with what the market has done? >> i like to look at the dow as a six-month precursor to what can happen. yes, i see things getting better. i'm not going to equivocate, carl. they are getting better. >> let's talk to viewers who have been too nervous to get into stocks, held their money in savings though they are making next to nothing. is this the time to get in? are they already late? is there a danger of buying at the top? >> oil and gasoline are too high. i know europe is not resolved. i see bargains, carl. lots of companies that have done nothing in four years with good dividends. they are great places to be. much better than c.d.s. >> we talked about gas prices yesterday. we'll get numbers on housing this week. i think people are wondering how much of a drag is housing on the economy still? >> it's been the worst drag. i think housing star

>> hi, carl. it's karen.o i see in your 13-d you made note of the fact that this friday i believe is the deadline for directors. delaware company. they don't have a staggered slate. so they're very vulnerable if you can get the rest on board. sometimes you need to actually put up and offer yourself to do that. would you do that if necessary to get the other shareholders on board? >> you know i'm not going to comment on that. we didn't put it in the 13-d. we're studying the situation. and hope that we might not have to have a confrontation as we always hope. but i do think that this company should be put up the sale. and i'm not even criticizing management. i'm just saying that it just makes eminent sense. if your company left you this company, what would you do? would you sit with it and risk everything on the crack spread and risk everything on the price of gasoline? i don't think you would. >> i know. but i would find it amusing you had 14% of my company after that. and we'd have an interesting dialogue. >>

carl?mpton, thanks for that. >>> not just adding up for google plus as it struggles for a foot hold. it catches up to facebook. we look at the mounting minuses. >> rising gas prices taking a bite out of discretionary income. does that mean fewer vacations? we find out from the intercontinental hotel groups. >> jamie dimon and jpmorgan while morgan stanley examines the effect of the possible downgrade. the banking sector just ahead. >> and apple trading at all time highs just moments ago. we'll take a look at that issue. >> and a few headlines we're watching this tuesday morning. yahoo! and facebook paying license fees all risk facing a lawsuit. we'll talk later about the growing pressure on facebook. >> they are dealing with a proxy fight with a position that has been positioned ever so slightly. it's also interesting to see what they are firing on the legal front. >> they have 1,000 patents, which i did not know about. >> who? >> yahoo!. to protect or to sell at some point depending on wha

carl? problem popping up for boeing's dreamliner, but unclear if it will have an impact on the deliveries. it's delam nation and the shares are being watched very closely. currently trading down more than 1%. gordon bethune is a cnbc contributor, former ceo of continental airlines and also worked for boeing, by the way. good morning. >> good morning, carl. >> walk me through what delamnation is and that it poses no short term safety concern. >> well, what they're talking about in the fuselage of the body of the aircraft or stringers, that give it strength, and this attachment has -- they shim it to make sure that it's tight, and when they bring it in, it's evidently not prepared correctly or built correctly and that -- in that aspect of the fuselage or the body. i don't think it's a big deal. i'm sure they have the fix for it. they said it will be a production error. so it will be limited to few airplanes before they noticed it. >> is this what happens when you deal with composites? is it a

carl? >> lilja luciano, thanks. we'll have more in the next half hour. but for now, it's 7:05 and here's ann. >>> now to politics on the 20th and possibly the final debate of the republican presidential race. the candidates faced off in arizona last night, just six days before next tuesday's key primaries. nbc's peter alexander is in mesa, arizona with more. good morning. >> good morning to you. this was a crucial debate at a critical time. now just five days before the vote in michigan. a state where mitt romney and rick santorum are deadlocked in a virtual tie. for santorum with all the momentum right now, last night was viewed as an opportunity. but he spent most of the night struggling to break through. >> gas prices and the economy and i'm here to talk about a positive solution to the problems that confront this country. >> finally in the spotlight, rick santorum quickly found himself on the defensive. admitting he made a mistake by backing president bush on no child left behind. >> yo

good morning, carl.mittee and somebody who came into the spotlight with a "60 minutes" report late last year which alleged that members of congress and spencer bachus in particular may have engaged anyone sider trading. the office of congressional ethics opened a probe. spencer bachus talked to larry kudlow after the original allegations came out. >> i buy non-financial stock etfs. i don't buy financial stocks, and when "60 minutes" called and said you short a g stock and you bought etfs in the financial sector i said i don't think that's right. let me get back to you. i can't imagine doing that. it actually scared me. >> reporter: since the news of this congressional ethics investigation broke, we've got a written statement from congressman bachus saying he respects the ethics process. he looks forward to a full exoneration, that he's followed the rules governing congress but neel kashkari who served in the bush treasury department at the time when the treasury department went to congress and asked for

carl? >> craig, thank you very much.lene love was whitney houston's godmother and attended the service and burial. thank you for being with us. >> thank you. >> tough weekend. the service was described as emotional for many but also beautiful. i wonder what stood out to you from the service on saturday. >> you know, when we have funeral services we don't call them funerals. we call them homegoing ceremonies. the one thing that stuck out is when some of the ministers were speaking they were saying that people have to be better to entertainers, nicer to them. when we walk out on stage we give them 200%. we're theirs, you know. that's the way we feel. that's the way i feel when i walk out on stage. >> clive davis talked about her voice. just her sheer ability to sing. he said when he first heard "the greatest love of all," it shattered him, in his words. is her voice the legacy? >> it is. and it will be forever. there is never going to be another sound like that in life. that was it. >> i was surprised to hear kevin costner

that's it for me, carl.ou in a few minutes. >>> caterpillar bucking the trend a bit when it comes to moving american manufacturing jobs overseas. bringing some of those jobs back to this country. jane wells is live in little rock, arkansas, this morning with the governor of the razor back state. good morning, jane. >> hey, carl, i'm at a $40 million caterpillar plant here in north little rock. arkansas, one of two dozen states compete for this plant caterpillar is going to bring back from japan. governor mike bebe joins me this morning. >> you bet. >> you want that plant. why should they pick arkansas? >> arkansas is open for business, particularly in manufacturing. geographically, we're the center of the country. it's a place close to a lot of markets. we've got river transport here. we certainly have the things that you can compete with such as tax structure being important, incentives being important. but in the final analysis of what is more important than anything else is the quality of the workforce. a

carl? thank you for that. want to take you through the markets. the dow up 146. only had one triple-digit move all year long. this would be the second one. a bit of a ripper here with the s&p now at 1,326. quick look at commodities as well. oil, gold and copper, watching the euro very closely as well as some optimistic continues to build around europe today. >>> adp showing the u.s. private sector added 170,000 jobs in january, pretty much in line. northrop grumman beat expectation. revenue fell short of estimates at just $6.51 billion. shares up about 1.25% today. and chrysler's january u.s. sales up 44% last month on some strong demand for jeep's sport utility vehicles. chrysler had very good numbers today. >>> here are stocks to watch 45 minutes into trading. archer daniels midland upgraded. c.h. robinson downgraded. that stock is down 7%. and ppg industries, price target increased to $101 from $92 at barclays capital. that stock up by 2%. >>> in six minutes, we'll have breaking news on

>> this guy was my fantastic, magnet, bossy, difficult, older brother carl. he was the red state to my blue state. all you have to understand to know about how complicated and difficult this relationship was my first memory of my brother was with when he sail me out a window when i was 2 years old and in the san antonio emergency room with a cut on my eye brow. he gave me the gift of a hard head. he went from there to being the youngest member of the john berk society and coming into my room to smash my joan biaz records because she was on the list. he was complicated, but saying all of that he was mysterious. he grew up to be a trial lawyer turned apple orchardist. part of the madening sibling thing was understanding the control freak nature that my brother had. for example, every year he would send me a box of fruit. the fruit he grew in his gorgeous orchards in washington state. the fruit came with the carl tax where you would get 25 telephone calls before the fruit came, such as, fruit is coming next week, are you going to be home? this is said in a texas

>>carl: you just did. he is trying to litten up, and people have criticized him for not being harsh enough, critical enough of obama, or being timid in proposals and being out of touch rich elitist so he loses the blazer and he is supposed to be an every man, it will be an economic message and a battle between rick santorum and romney. newt gingrich is focused on georgia his home state where he served in congress and where the political career began, and newt gingrich is in. today and made it clear he will campaign there, the biggest super tuesday take next week and we will net leave out ron paul, he does not wear jeans but i have to tell you, ron paul is focusing on washington state, washington state is a caucus that takes place on saturday, and, while paul is in washington today, at the listening to the testimony of fed chairman and ripping him up on the gold standard more paul is not out. he has not won but he will pick up delegates in washington this week. so regardless of the clothing romney campaigns

>> i'm 150 pounds. >> carl!st modern houses are designed to take the weight of a solar panel instaglation. >> i don't have to worry about panels falling in on me? >> hopefully not. >> hopefully not. >> if you have a good contractor, they'll do their due diligence. they'll do their homework. it's better for the industry if everyone does their homework and does the calculations to make sure the system is going to last 20 years, 30 years. >> that is another question. what is the lifetime of the system? do you have to have the solar panels replaced periodically? >> no, actually the solar panels last a really long time. there are solar panels in operation from the 1950's and the 1960's. the inverter is a piece of hardware that has a lifespan between 10 years. they usually warranty between five and 10 years. that may need replacement down the line. the solar panels will last a good long time. this is what we have intalked here at british motors. what we have, there is no moving parts here as we are talking about. you

i mean, tony outperformed carl in the end and he won the championship but carl should have win the championship. he had the best car and best arrange finish in the final ten races and they ended up tied. but because tony won more races, phenowas thtony was the champio. >> charlie: take me to the daytona 500 and the broadcast there. >> unbelievable day. i was update before the race ever started. stevey and i, i had a race team my whole career i had a team, a hauler, you know. sunday morning you had a routine. he got up, he went to the truck met with the team he talked about strategy for the day. he went to chapel. you came back, you ate lunch and you went to pivot road and you got by your car and your team and you got in a car and went off and raced. well this time none of that. i had no team. my team was up stairs in the tv booth. larry mcronald and mike joy. so our routine was totally different than anything we ever done before. stevey and the girls are lieu -d they're looking at me like dad what are we supposed to do today. we don't have anywhere to go. i said well i don't know, i got to go,

carl?ana olick in washington. thank you very much for that. a lot of interesting numbers coming out of housing today. >>> meantime, some news out of moody's as well, warning it may cut the credit ratings of 17 global and 114 european financial institutions. on the list, b of a, goldman, citi, jpmorgan, morgan stanley, barclays, bnp, deutsche, hsbc and sof gen. i've heard a couple elements of the rationale. one is profitability concerns and investment banking and the like. the other obviously wide reaching effects of the debt crisis. which is it? is it a mix of everything? >> i think it's a combination of them all. i mean, moody's does a good job here, i think, of kind of laying out the macrorisks facing the banks and kind of painting what they think the worst case scenario is as far as ratings go. there's really not a lot of new things here. we've been worried about regulation for a while. we've been worried about a weak capital markets environment for a while. so, i mean, i don't think the

this is broad, carl.eans that hiring is coming. >> unbelievably the dow has doubled in value since the low of march of 2009, but we all know that the job growth has not kept pace with that. do you see that catching up with what the market has done in the last couple of years? >> i like to look at the dow as a six-month precursor to what can happen. so, yes, i can see things getting better, but i won't equivocate, carl, they are getting better. >> talk to system of the investors who are too nervous to get into stocks, and held the money in savings even though they are making next to nothing. is this a sign to get back in again or danger of getting burned again? >> well, gas is high and oil is high, and europe is not resolved, but i see bargains, carl. i see companies doing nothing in four years and they have great dividends and much better to be than cds, much better. >> we have talked about gas prices yesterday on the show, and we will get to housing this week, and people are wondering how much of a drag

>> i'm with carl.d. >> you guys were impressive. >> this is the easy job. philip, thank you so much. >> thank you. >> up next, fond memories of whitney houston from her godmother darlene love after this. [ mom ] to me, chex is not just a little bowl of cereal, it's kind of a big deal. to find nutritious and gluten-free cereals actually loves? well, the word "wow" comes to mind. and then a friend told me chex has five flavors that are gluten-free. even a cinnamon one the kids love. a nutritious cereal that makes everybody happy? like i said, wow. [ male announcer ] chex cereal. five flavors. good and gluten free. five flavors. you don't disappear at midnight. and now, you've met your match. new revlon® colorstay™ 16 hour eyeshadow. 64 colors that will take you from night to day without smudging, creasing or fading away. i make sure i've got the right guidance. turbotax has a unique gps feature that guides me to every deduction and credit i deserve, so i get my maximum refund, guaranteed. man: try turbot

carl? >> peter alexander in salt lake city, thanks. >>> all right, now let's get a check of the day's other top stories, tamron hall over at the news desk for natalie. >> good morning, everyone. >>> nuclear inspectors from the united nations are in tehran this morning pushing for talks with iranian officials. this as the u.s. and britain urge israel not to attack iran. nbc's stephanie gosk is in israel with more. good morning, stephanie. >> reporter: good morning, tamron. mixed messages out of iran. you do have the ia/ea resuming talks. but the government says it's going to ban all the oil exports to france and britain. this is a preemptive strike after europe's decision to ban imports to iran starting july 1st. there's new pressure on the israel government not to attack iran's nuclear facilities. you had martin dempsey telling cnn over the weekend that it would not be prudent and tbl destabilize the region. and the british saying diplomatic pressure have to be given a chance to work. now t

good morning, rick. >> good morning, carl. don't know, is it just me or did any other viewers or listeners out there get a little ripple up their spine when steve liesman said the ecb's kind of playing the role of a bad bank? a central bank, one of the largest central bank is a bad bank, makes me nervous. anyway, let's concentrate on foreign exchange. all the news of the day done to the fx market? well, let's look at what's going on with the euro. as steve talked about, e yes, some volatility, traded over 1.33. how far back do you have to go? pretty much december, fresh december, highs versus the dollar. let's look at the dollar/yen. dollar/yen, dollar's improved. and take that chart out of it, it's only several weeks, it's not huge. but here's something a bit surprising. let's look at the pound versus the dollar on the day, up. they're talking about more q/e, wonderful. and if you open that chart up, these are fresh highs against greenback going back to november. carl quintanilla, back to you. >> thank you very much, rick san

>> shepard: carl cameron live at the rally. carl, thank you.course they are voting in another state as well. unlike michigan, it's winner take all in arizona. we're in the valley of the sun for a live report ahead. plus, welcome to mexico. boom boom boom. actually, thankfully nobody got shot but they were held up at gunpoint. guess what, they were on a cruise. only part of the very bad news at the cruise industry has in leading them back in crisis mode tonight. chocolate lemonade ? susie's lemonade... the movie. or... we make it pink ! with these 4g lte tablets, you can do business at lightning-fast spes. we'll take all the strawberries, dave. you got it, kid. we have a winner. we're definitely gonna need another one. small sinesses that want to grow use 4g lte technology from verizon. i wonder how she does it. that's why she's the boss. because the small business with the best tecology rules. contact the verizon center for customers with disabilities at 1-800-974-6006. at liberty mutual, we know how much you count on your car, and how much the

and saying that this is a turn in lust she is part of the problem which i suspect that's the case carl. well of course she's part of the problem look the entire reason the scam goes on just take a look at the primary do it list and start locking up some of these people and closing these institutions down and tell me how treasury is going to sell. right now our primary dealers are i think eighteen or nineteen these are the banks that get in between the fed and the treasury and the market they make a mark in government debt but they're given in tremendous latitude some would argue they're allowed to openly break the law but let's talk about this new volcker rule it started off with the best of intentions it's been bloated now to five hundred thirty pages and people are last year laughing about it because they've already figured out how to do a complete end run around it it is not also the way you made the situation go i think it's even worse than that max the there was a report out yesterday afternoon that the banks actually lobbied to change the rules to play games with what would be al

nonother than carl rove said he was offended. how is an ad promoting the comeback being seen as vile and negative as some in republican circles. wasn't it clint eastwood who was considered for a vice president's position by a republican? >> that's exactly right. in 1988, george bush, was considering him. here is the thing. this is really quite disgusting on the part of carl rove. you heard the republican talking points saying i wonder how much the obama campaign paided clint eastwood. when i watched that ad it gave me goose bumps. that's my country. that is america. that's the america that i know the values that my parents raised me with which is we fight. we fight on, and we get back up, and that's part of what makes america such a great country. carl rove is offended by that and the same time it's the republicans who are saying that president obama is anti-american and these guys are attacking the american auto workers, the communities, the people that brought that industry back. they're anti-american. >> the president's spokes

not everyone is happy about it. ♪ i got a fever and information that what i got ♪ >> the carls juniorger ad shows her undressing as she bites into a patty melt at a drive-in theater and what we are showing you is actually the tame stuff. today a laguna beach sex addiction expert is calling on the company to pull this racy ad. carls junior disagrees and says the ad is well received by its intended audience of, quote, young hungry guys. in case you wonder the southwest patty mouth is 890 calories and 63 grams of fat. >> was there a burger in that ad? >> there was. >> might have seen it off to the side. >> i got nothing for you here. >>> your car may say more about you than you think. >> how researchers say that they can predict your manners on the road by looking at what you drive. ,, ,,,,,,,,,,,,,,,,,, might be a ferrari or porche >>> it's time for this week's best buys. each week we pick out three items in the produce aisle. check the quality and check your ads. we are going to start with strawberries. this time of year they are finally coming down in price which is fantastic. you can

carl cameron is in tampa. carl will this come back to bite him? >>carl: the left will use to define him and plays to the notion she rich out of touch wall street businessman elitist. and, romney campaign and the governor himself worked hard on the airplane to try to knock that down but he will deal with it for some time and she dealing today with getting glitter bombed and the country will have to deal with another singing of "america of beautiful," and that beautiful will come in shortly. he is headed to a slower february campaign calendar where a lot of the states favor him but if he keeps singing and makes jokes about not worrying about the poor he may have to get back to the issues of the campaign. >>shepard: i don't know how well the singing is working, everyone likes to senator -- sing but sometimes it is best for the shower. how do the contests play after florida? >>carl: romney has a head of steam and gingrich says he will contest every state. nevada and maine are places where problem paul because of his organizational prowess can compete

carl, thanks very much for joining in on the conversation. talk to us about what you're seeing in tips and what that tells us about how people are feeling with regard to inflation on the horizon. >> right, i think most investors are sang win about the inflation outlook. with the fed's commitment, giving a pretty strong hint it will be on hold for the next few years. the economy seems to be recovering. that brings up the prospect of inflation further down the road. you see it expressed at the long end of the curve, and 30-year tips widened out about 30 basis points since the beginning of the year. up to about 2.4%, which actually historically is still pretty low. i think that will continue to go higher. >> am i right in thinking, carl, from your perspective, if you strip out energy and food prices, which are so-called volatile, that you don't see much in the way of inflation in the call level this year? >> i think for this year, core will be pretty steady. we're at 1.8% on the fed's preferred metric. and there's some reason to think that some

you say eventually will come in and restore some order but at what point what will be the trigger carl in your mind think to suddenly the game is over on this bubble what what will be the trigger i think you're seeing it now max the look at what's going on with oil prices is just one example people like to write this off as natural market forces in the saber rattling was a random things like this but there's more to it than that i when you get down to. but what's happening is that people are saying you know what we don't believe that this recovery has legs that this is real that would you know people are becoming you were into the idea that all we're doing is blowing one bubble to rescue from the last bubble and so as that kind of mentality takes hold people say well you know all trade short term and the equity markets are all do this and that but what i won't do is form capital and build businesses because there's a very long lead time involved in doing that sort of thing and if you come to mean you say girl i want you to invest in a new enterprise and i say well you know i have to be

carl bernstein joins us, as well, and carl, that's just it, mitt romney wins, then he loses, he wins,his is a triple hit. >> i think this is huge. >> i think it goes to the perception of romney by more than just tea party people, by others in the republican party that there's something ungenuine about him. and i think that's coming through in the exit polls that he's pretending to be a conservative, a lot of people are saying, both conservatives and non-conservatives. there's a story in "washington post" today that job creation under governor romney in massachusetts in 2000 coming out of the tech bubble was 47th in the nation. going to his record, mike knows something about this, as governor of massachusetts he claims to be a job creator. i think and the record is a bit different. i think what's happening is -- and the press loves this story. and they're going to keep hammering it. and there's a question about how viable a candidate he can be by the time of the nomination if he gets it, and i think there are a lot of republicans that are saying, i wish we had jeb bush. >> yeah, yeah.

good morning. >> reporter: good morning, carl. it's been one of the warmest winters on record in the midwest. here in chicago before yesterday only 16 inches of snow. last time at this year it was 54. that changed overnight as the third storm of the season blew into town. heavy, wet snow made driving a mess throughout much of the chicago area. traveling by plane was a real pain, too, with hundreds of flights cancelled. perhaps because it's been one of the least snowy winters on record, some people seemed happy to see it. >> it's been a pretty easy winter. this is a nice breath of fresh air. >> i wish there was more snow. >> reporter: others, however, were not so happy. >> it's really slippery. >> i don't like it. it's the worst. >> reporter: police in colorado reported dozens of accidents with parts of i-70 temporarily closed due to slick conditions. in georgia authorities are assessing the damage left by a tornado and severe midweek storms. at least 100 homes were hit, hundreds of trees and several power poles were knocked down.

coach john carl says calls are coming in daily.rook is 18-3 and begins postseason play tuesday night. good night. >> thank you for watching sports xtra brought to you by your washington area nissan dealers.