>> we're underpaid and overworked, and every teacher is going to receive a reduction to their pension500 to $1,000 reduction. there's no increase in the pensions, it's a reduction. and what increases, the pensions a long time ago, $400 in their pensions. so what they're transforming is a pension system within the government of puerto rico. they are dismantling it in order to save money to use that money to pay bonds in puerto rico. >> speaking of that in the bonds, juan, puerto rico government made pretty bad decisions, and they sold more bonds to pay for bonds that they couldn't afford and had to pay on. so you understand why people like hugo can sit there and say, why should we trust your decision making now when you've been throwing good money after bad for so long. >> puerto rico is paying the highest interest rates in the municipal bond market. and the fact that their rating is one notch above junk status, the interest rates are going to skyrocket. and the deficit is like $800 million. and they need to cut those interest rates in order to keep paying salaries, and building infrab

she claims the raiderettes are underpaid and forced to foot the bill for several business expenses. according to the lawyer representing the raiderette, each cheerleader is paid a yearly salary of $1,200, equalling less than $5 per worked. the lawsuit also claims the raiders also owe thousands of dollars to previous cheerleaders and the team hasn't commented on this lawsuit. >> the flu claiming more lives in the bay area, but is it a trend that's expected to condition? >> also -- >> i'm scott budman coming up. a multi-million dollar donation from a tech titan that will turn this field into a health care oasis for a bay area community. >> i'm marianne favro live in sunnyvale. the governor wants all of us to reduce our water use by 20%. coming up i'll show you a free program that can help you achieve that goal. >> and then at 6:00, san jose officers injured on the job. >> came up from behind and attacked me, shattered my four upper front teeth. >> reporter: but it's what happened after they healed that left them feeling humiliated. >> i'm embarrassed from my peers. >> that's new at 6:

being basically underpaid for many years and looking for their exit ticket to be to go to either a wall street firm or someplace in the business look at timothy geitner winding up at warburg pincus. so in any event the the one of the ways you see you know you before the break you talked about dodd frank you know the one hand you have dodd frank which you know at least on paper has made a has made some difference although nowhere near what needs to be accomplished on the other hand you have a whole series of settlements of mortgage abuses which the regulators have an incentive to tout as being very big and serious and the banks have an incentive to tout as being very big and serious playing along with oh how abused we are and how horrible these indignities are when in fact when you peel back the onion these settlements typically contain a very very large complement of items that the banks the regulators put a cash value on but really the a the cash value is a fraction of what it's thrown in the settlement as being and then be a lot of us for stuff that would have done any house to basica

being basically underpaid for many years and looking for their exit ticket to be to go to either a wall street firm or someplace in the business look at timothy geitner winding up at warburg pincus. so in any event the the one of the ways you see you know you before the break you talked about dodd frank you know the one hand you have dodd frank which you know at least on paper has made a has made some difference although nowhere near what needs to be accomplished on the other hand you have a whole series of settlements of mortgage abuses which the regulators have an incentive to tout as being very big and serious and the banks have an incentive to tout as being very big and serious playing along with oh how abused we are and how orrible these indignities are when in fact when you peel back the onion these settlements typically contain a very very large complement of items that the banks the regulators put a cash value on but really the a the cash value is a fraction of what it's thrown in the settlement as being and then be a lot of us for stuff that would have done any house to the bas

that you are more likely to get sec civic you're not making that up if you're over verge , tired, underpaidgood news is if you go to how wide that is one state with the flu virus is very low. get on a plane and go to hawaii. i will come with you. gerri: always good to see you. coming up next a user's guide to a new year. looking at the best ways to spend less and save more but how your smart phone can help. stay with us. ♪ ♪ what super poligrip does for me is it keeps the food out. before those little pieces would get in between my dentures and my gum and it was uncomfortable. [ male announcer ] just a few dabs is clinically proven to seal out more food particles. [ corrine ] super poligrip is part of my life now. you ma a great team. to seal out more food particles. it's been that way sincthe day you met. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of b

. >> underpaid government function areas. i call them little emperors. they justify their existence by creating regulations. >> even marty the mosquito is regular -- magician is regulated. >> i thought howow could i be regulated. >> he can't get out anymore, too bad. >> marty has entertained kids for 30 years, and then like many ma. >> s he uses a rabbit. >> yes! >> a birthday child willmake the rabbit magic include --ly appear. >> i was signing autographs and taking pictures. suddly a badge was thrown into a mix and the inspector saying, let me see your license, license for a rabbit and she said from now on you cannot use your rabbit until you fill out paperwork, fi out theline phoenix, inspect your home. i'm subject to surprise inspections of momentum. >> is not embarrassed. >> very serious. >> marty was in violation of the animal welfare act. ten times regulateyears have shown up, unannounced at marty's house. >> cannot argue with them. you can't even talk logically with them. >> she would love it if everybody said, ah. >> i got a new inspector and i

. >> underpaid government function areas. i call them little emperors. they justify their existence by creating regulations. >> even marty the mosquito is regular -- magician is regulated. >> i thought how could i be regulated. >> he can't get out anymore, too bad. >> marty has entertained kids for 30 years, and then like many ma. >> s he uses a rabbit. >> yes! >> a birthday child will make the rabbit magic include --ly appear. >> i was signing augraphs and taking pictures. suddenly a badge was thrown into a mix and the inspector saying, let me see your licen, license for a rabbit and she said from now on you cannot use your rabbit until you fill out paperwork, fill out theline phoenix, inspect your home. i'm subject to surprise inspections momentum. >> is not embarrassed. >> very serious. >> marty was in violation of the animal welfare act. ten times regulateyears have shown up, unannounced at marty's house. >> cannot argue with them. you can't even talk logically with them. >> she would love it if everybody said, ah. >> i got a new inspector and i said

douai important job nonetheless feel that they're always deserving of more and always overworked or underpaida: to make it personal life has been imposed situations i have a boss who nurtures my career then at another network to keep you as small as possible. [laughter] i am not naming names. i don't know. not to anyone in particular and. [laughter] >> in negotiation goes a long way to think what a great job when you reach your goals and to do well. that is where the communication is. granted people feel entitled but to say you we're doing a really good job whenever it may be. melissa: and to check-in. to a certain extent, of what is your long-term goal. >> that happens a lot. look at the situation you are in. you have more time to do team building you don't have a lot of room for error so it is somewhat situational. >> someone gave reifies never hired anyone you would not want to go out and having a drink with or see a movie with. you have to be qualified also gets along. so those who are crunched foretime should take those employees out. >> it may be applied to but don't. [laughter] melissa

raiders cheerleaders are putting down their pom-poms and serving them a lawsuit claiming they are underpaid raiderette makes $1,250 a year so after game photos and events that works out to around $5 an hour. do they have a case? touchdown. randy zellin says not so fast. why is it a touchdown? >> first of all, you can't enter into a public that's against public policy or against the law. you have to pay people overtime as long as they are employees. number two, you can't defer payment until after the season. you're supposed to get paid i think twice a month, and if there is an issue with an hourly wage that they are not getting paid the $10 that they are required to and it's only 5, that's egregious and unfortunate. more importantly, some of the things that i was told and what i read about, that they have to pay for their expenses, all out of pocket, and if they have gained five pound they are benched and they don't get their pay. >> oh, my god. my career would have ended years ago. >> what do you make, rand? >> 2, 4, 6, 8, who don't appreciate? they are not employees! >> what? >> hold on. t

soldiers and first responders and police officers and people perform an enormous public service but are underpaid. and so, i have a policy representing them for free and in my book stand your ground i talk about representing the colonel, the hero of black hawk down in mogadishu when he was being investigated for creating an atmosphere around what some of the soldiers they have acted irresponsibly and we got the charges dropped. i represented a woman years ago who was locked in a mental hospital, and was a case where her family was trying to get rid of a nuisance rather than a true case of mental illness. the of their day i was thinking about that and she came up to me in a book signing and reminded me that i had, quote, saved her life. two young boys on death row who were innocent. her father had committed murders for which they were sentenced to death and i represented them and that took me nine years. somebody asked me what my biggest fear was and i said we didn't know he had any money and they said he didn't, but when i was able to help them get free and return to his wife and family and he wh

i don't know about you, i'm feeling a little grossly underpaid at this point, but it shouldn't come as, especially when you consider what a great year it was for the stock market. let me walk you through some of the standouts. bill gates was the year's biggest gainer. his fortune increased by almost $16 billion, to almost $79 billion. a 40% rise in microsoft shares. that helped. but that actually only accounts for a fraction of gates' net worth. he got a boost thanks to other businesses including rail companies and hotels. sheldon adelson. he got a big boost thanks to revenue in china. there's eike batista. he lost $12 billion last year and he's now bankrupt. analysts say he didn't deliver on promises he made with his companies and lost credibility with his investors. wolf? >> what about the tech industry? obviously it's a lot of people in that industry have had a great year. >> mark zuckerberg, for one, he was the tech industry's biggest gainer. he added more than $12 billion to his fortune. very nice turnaround for the social network when you remembr just how badly its ipo went. they

. >> and a big part of the report is speaking up about people who are underpaid, essentially.ive you a chance to clarify something that came across in our interview. and that was about minimum wage workers going on strike to show their importance to society. >> i'm sick to my stomach in what i see in this country. we have people making 100-times to 1,000-times what fast food workers are making, janitors, bus drivers, tsa people, kindergarten teachers. i think it's obscene. and the same way we look down, we are in disbelief at how people lived 100 years ago, i don't think we've made much progress. and in 100 years from now, people are going to be in disbelief about what they see going on in the country right now. >> you make a lot of great points that i'm sure resonates with a lot of people out there. at the same time, this is a research note. you're at standpoint research. in terms of what you allege or what you put forth in that note, are you confident that everything is factually correct? when you say that apple assembly line workers at foxconn make $2 an hour, how confident

they were nice guys, they were underpaid. there was a terrible inflation.heir station houses had rats. little rodents chewed on their helmets. 18 ways they deserved a race and a raised and better treatment. nonetheless they walked off and this is a very rough time in american history. there was chaos and violence and rioting in looting in boston. so coolidge was on the team, the leader of it that fired these policemen. they went in a union. not even a radical union. the union that was a favorite of president wilson. but coolidge said no right to strike against the public safety by anybody, anywhere anytime. those were the three phrases, no right to strike against the public safety. he was incredibly scary about this from a political point of view. he had an election a few months away. he was famous for getting irish vote. the policemen were irish. he's firing them. what a bold move. why was it at all good? nobody knew at first. the reason it was good was there is a limit to what a public sector should do and jeopardize safety. after that move the unions in

and that you could increase the already problematic brain drain there is on capitol hill by making underpaid staffers even less paid and actually contribute a lot more to their health care. >> it's not a stunt. every member of congress has more than enough budget to be able to pay good people, do the work that needs to be done around here. i respect jim but i totally disagree with where he's coming from on this issue. let's face it. we are getting thousands of e-mails of the damage that's being done to real americans. and until democrat senators, in particular, start feeling the full experience of obamacare, they actually start being forced to face the harsh realities of the damage of this law, they're going to continue to turn a deaf ear to those pleas of the american people who are looking for relief. that's part of -- that's one of the reasons i think it's crucial that we end special treatment for members of the congress. the special treatment is that they're going to get a tax advantage contribution into the exchanges that no other american is going to get. millions of americans are losi

responders and police officers, people who in my view or for any numbers public service but are underpaid. and so i have a policy of representing them free. in my book, "taking the stand" i talk about representing the hero of "black hawk down" in mogadishu when he was being investigated for creating an atmosphere around which some of his soldiers may have acted irresponsibly. i represented in the free and we got the charges dropped. i represented a woman some years ago was locked in a mental hospital, and it was a case where her family was trying to be rid of a nuisance rather than a true case of mental illness. just the other day i was thinking about that and she came up to me at a book signing and reminded me that i had quote saved her life. two young boys on death row who were innocent. their father had committed the murders for which they were sentenced to death. i represented them. that case took me nine years, and someone once asked me what my biggest fear was, and i said sharansky. they said we did know he had any money. and i said he didn't, but when i was able to help him get fre

people who, in my view, perform an enormous public service but are underpaid. so i have a policy of representing them for free, and in my book "stand your ground," i talk about representing colonel steele, the colonel of black hawk down in mogadishu when he was being investigated for creating an atmosphere around which some of his soldiers may have acted irresponsibly. i represented him free, and we got the charged dropped -- charges dropped. i represented a woman some years ago who was locked in a mental hospital, and it was a case where her family was trying to be rid of a nuisance. she came up to me at a book signing and reminded me that i had, quote, saved her life. two young boys on death row who were innocent, their father had committed the murders for which they were sentenced to death. that case took me nine years. ann tolely she ran sky, i represented him. somebody once asked me what my biggest fee was, and they said we didn't know he had any money. he didn't, but when i was able to help him get free and return to his wife and family and he whispered i

they are underpaid compared to what they could be getting in the private sector, and you really have who we are as a country, what we have become since world war ii. we have the shortest economy, the mightiest military, and frankly, we allow the private sector to fulfill its potential to a greater extent than any other large country in the world. >> you sound like a democrat. i like your attitude. you sound like a democrat from massachusetts, which is where you actually are. when you look at the back and forth in washington, how much are you going to need to push back against conservative republicans this year? is the battle really going to move to the senate, or is it still in your house? >> well, the house is the problem, no question about it, and we are going to have to push back to a greater degree than we have ever had to in the past because we have such a large number of members of the house who came into the government with the intent of reducing it, eliminating it, destroying it really. it is like having a board of directors whose intent is to make the company go bankrupt, to

sabethia -- samethia and so many other americans today -- millions and millions are being underpaid vastlyr the extraordinary value of the work they are doing for all of us. us thea is going to tell challenges that that caused her and her family. [applause] >> thank you and good morning. ler and is samethia but live in washington dc. i work at mcdonald's and earn $8.25 per hour. i urge the same amount years ago. .25 per hour. 20 years later, i am working again and earning for more dollars per hour. i am on food stamps. i dig my friends and family to help me out when i cannot pay my rent or helped my children get things that they need. home, i walked him the halls and people are doing extraordinary things in my building. andve to buckle up my tears explain to my kids why i cannot provide for them. my son wants to go to college. i cannot help them. he is 18 years old. i want to be able to help them. my daughter wants to do gymnastics. i cannot afford to take her. raising the minimum wage would help to put food on my table. i hope to get another job. if it pays minimum wage, all of the hard w

some people are being overpaid, some underpaid and we don't have a calibration it base the judgment only. is that something you could support getting accuracy back into the prevailing wage? >> it is not just the prevailing wage but everything in terms of information but that is a good place to start. >> absolutely. the losers are the citizens because they get less highway maintenance because wages get inflated. so citizens would get more quality services and more investment that help them without this particular situation. >> i will come back. how about you? >> yes. >> >> i think the amount of money you would be getting out of that definitely helps federal government in streamlining processes. in terms of what the wage is supposed to be or how that is calculated is not within the prime minister view of our is bush not within the per -- purview of our situation. >> but prevailing wage is an average of 22% yieldlyadditionally. so if you had better accuracy you could get five bridges for the cost of four. interesting application to our infrastructure problem. so, i have a bill that just cha

some people are being overpaid and underpaid and we don't have a calculation to based on. >> do you think there would be something you could support for just getting the accuracy back? >> it's not just the prevailing wage it is everything that we see in terms of information. there would be a good place to start. >> absolutely. the losers are the citizens because they get the maintenance, for example, because the wages get -- >> degette more quality service and more investments that help them -- >> how about you? >> the amount of money that you would be getting out of that definitely helps the federal government in the process in terms of what the wage is supposed to be and is not in the purview of the expertise. >> but the would be a good thing. >> coming back to you mr. edwards you are exactly right. the prevailing wage is an average of 22% and added to the contract just for the point that he was making. if you have the accuracy you get five for the cost of four. interesting application. i have a bill that changes those words for a federal contracting act we would like to see that. it is

some people being overpaid and some people are being underpaid and we don't have a calibration upon which to base our judgment. would you think that would be something that you would support committee accuracy back. >> it is that just the prevailing wage but everything that the congress receives. that would be a good place to start. >> absolutely. how about you, mr. edwards. >> and the losers are the citizens because they get less maintenance because wages inflated. citizens in more quality services and more investment that helps them with the particular -- >> i will come back to you. that's a great question. >> i think that the amount of money they would be getting an of that definitely helps the federal government in streamlining processes in terms of the wage or howard is supposed to be calculated given us something as in the purview of the expertise in that position. >> that would be a good thing, getting back to back. >> getting back to facts, absolutely. >> mr. edwards, you're exactly right. the prevailing wages an average of 22% additionally added to federal contracts just for the

one saying women are underpaid and something should be done about it and what is the only thing you cano about it is to write write regulation -- to new regulation. you should another clip of him saying that the tax code should be simpler. it is vitriol. it makes you not want to watch the speech. the should have shown national debt going up during a speech. since he has been in power, it has gone up $7 trillion. he has been in power for five years and he acts like he has not been. a lady that called earlier that blasted what huckabee said. -- he was saying that saying that liberals viewed it as uncle sugar. mentioned the unemployment benefits and how they split the economy. if you take money out of the taxpayer's pocket to give them unemployment, they could've spent that money and stimulated the economy themselves. if you don't take it out of the worker's pocket and you borrow money to do it, you run it that much higher. we have not seen a reason for doing that. there is the debt clock. the new york times reports that one of the most emotional points of the evening came with the introdu

it is joan the super secretary the, underpaid and underappreciated and everybody routs for her, and maybeoday, they didn't rout for them back then? >> well, they are routing for them now, and the applause of not just the women in the chamber, but the men, and again, it gets back to the point that you just said, who doesn't like to make money, and it is not in some greedy pernicious way, but it is in a way that keep families together and successful. >> let's talk politics a about that, and more voters are women than men. this president, again, as howard pointed out a while ago, he is worried about getting the numbers up, and that means that he is worried about november, and he could lose the senate, and the stakes are so high, and he has to get votes. i mean, david corn is so deep in ideological in this and he wants to make a statement, but the bottom line is that if he does not hold the senate this november, he is a failure. >> yes, and i have to clarify two things, boehner world, and i meant the drinking and cigarettes, and not an umbrage and women stop as a shorthand, these are importan