>> yes, there has been a lot of feedback. this is a huge change. on the covered california side they are responding well to any problems. the provider directories, they have had to take those down and off line because they have been inaccurate. a lot of the providers they thought were online aren't there. there is a lot of issues with materials going out and notices getting mixed up. that's normal with a huge transition. on the medi-cal expansion. this program is really difficult to, we are trying to put something into preexisting world where there are all of those legibility requirements. i think gloria can talk to you about it a lot is putting the systems that we have already in place in california has been a challenge and keeping them in the rules no response place is a challenge. it's an on going process. a lot of that is happening behind-the-scenes. a lot of the consumers are not seeing that yet. but there are a lot of things too that aren't happening yet. >> do you have any follow up questions regarding your center? >> we actually don't provi

but then, a lot of them are numbers people. that is a huge investment just made and it sounds a bit return is very long term is it really the right way to think of whatsapp? it is not the way it has been discussed in the media. a connect to the world sort of tool. >> there are two pieces to think about. company bys, it is a itself and what it will be worth. then there is strategic value and what we could do together. i think by itself, it is worth more than $19 billion. it is hard to exactly make the case today because they have so little revenue compared to that number, but the reality is there are few services that reach one billion people in the world and they are all incredibly valuable, much more valuable than that. i could be wrong. there is some chance this is the one service that gets to one billion people and ends up not being all that valuable. i do not think i am. you can look at other messaging apps out there that are already monetizing at a level of two or three dollars a person in early efforts. it shows we can do

netflix is a company would have spoken a lot about in the past. have a major partnership with them. a lot of people compare what netflix is doing to amazon's video strategy, and they have been a partner, too. it feels perhaps, less so than netflix. could you see yourself doing more with the amazon platform for video which seems to be growing quickly? >> i think you will see us doing more with mobile platforms, or -- that offer, digital platforms, really, that offer great customer experiences that are capable of showcasing our product and making it available to the customer and not only robust ways for us but in ways the customer can really enjoy consuming our product. you will see a lot of growth there. from both current digital platforms and new entrants. including, by the way, the possibility of us offering product direct to the consumer as well. >> just a final question, mickey mouse, late last year i think he turned 85? >> the company turned 90, mickey turned 85 in 2013. 1928. >> what are your thoughts on that? >> he is the youngest 85-year-old

it really crowds out a lot of discussions not that we should agree to racism or any kind of abuse to minorities but it seems that you know everything's been said and decided and you have to believe a certain way and i feel that way that it's happened in the united states over the last few decades. you know let me let me raise two points first of all we are trapped in a vocabulary that is created by the cultural marxists left like extreme right wing there are no extreme left wing the left has been running the show in terms of molding culture education for decades and decades throughout the western world we have no left wing extremists people who disagree with us or against human rights we define what human rights mean. twenty five years ago in the united states people looked askance at gay anything many states criminalized homosexuality now we attack putin as being into human rights and democratic which he may in fact he may in fact be a thug i'm not even going to certainly is not the case on the cross he does not support gay rights well he's not again it is just a ride this is one of

as was mentioned the research is coming out there's a lot of research and looking at the big picture i want to highest 3 easier by youth, where the e he cigarettes harm. we know that the all those flavors like ban in a or gummy bear they appeal to the use and advertisements looking at those in the 070s they appeal to youth we feel that the youth among kids high school students has grown a lot between 2010 and 2011 the rates doubled and while most of those kids use e sethsdz cigarettes about 10 to 20 percent start their nicotine addiction with those cigarettes. a lot of the smokers say those e cigarettes are great and they help them quit. you'll here a lot of stories like that we looked at how the cigarettes are used on the national letter and used a survey and found out how the e cigarettes are really used they don't help smokers quit your chances don't increase if you use the e cigarettes. third a lot of people say oh, it's harm also water vapor this aerosol is harmless we have studying studies that demonstrate that second-hand aerosol has many toxics acetone and others. second-hand

>> i have done a lot of investment in the social commerce space. uld be a company like , discovery of subscription e-commerce. , will women pay $10 per month for stuff that they can get for free if they walked down to the department store? well, over 300,000 people pay $10 per month two years later. >> are there less obvious examples in terms of a technological perspective? talk withouto attribution about the mobile stuff you have seen? >> i have seen some companies and made seed investments in companies that do multiplatform, multi-device approach. they are companies that are taking advantage of the social graph and a very unique way to engage consumers, but doing it back up,-- let me women in general very much value the word of mouth recommendations for things. >> more than men? >> much more than men do. >> are you saying we don't ask for directions, things like that? >> there you go. one company i'm thinking of in particular, it takes advantage of that word of mouth in terms of how they integrate into their technology. one of the things that is i

that's a lot like life. we don't always get a gold star for our efforts or a pat on the back, aren't always people chanting our names. that's a great life lesson that football teaches. i think for the big takeaway for anyone who has ever played the game -- i heard this said by vince lombardi and some random nine-year-olds who just stepped on the gridiron for the first time this past fall. the observation that on just about every play in football, someone gets knocked on their ass. someone gets knocked in the dirt. knocked down in the mud. and what does football teach them? it teaches them to get up. to fight. to don't stay down in the dirt. that when you've get knocked down, you get back up. you can walk a few blocks from the heritage foundation you'll see all sorts of people who have been knocked down and never got up. the common denominator of everyone in this room and everyone watching at home, is that we have all been knocked on our butt at some point in life, everyone has been knocked down. in the great

customers that's a lot of accounts and with assets valued between ten and twelve billion dollars it adds up to quite a pretty penny executives from credit suisse are set to testify to the justice department in a hearing on wednesday chief executive brady dougan will hit back saying only a small group of private bankers were involved with helping americans conceal their wealth however here's the quandary we know that there are politicians who have offshore bank accounts mitt romney comes to mind for example i think he's got a couple and why do people have offshore bank accounts well there are a variety of reasons but a lot of the time it's to avoid paying taxes however the current colossal colossal tax code here in the u.s. permits these abusive accounting gimmicks and there are billions more lost in accounting gimmicks right here in the u.s. gimmicks like for example the ability for people to earn wages that much lower tax rates thanks to long term capital gains i'm talking carried interest here horse what else but it's often carried interest now are officials turning a blind eye to a pr

tax revenue drives a lot of decisions. it is a trickle that will turn into a flow. >> tell me if you think this number sounds right. i saw somewhere that on average, twitter employees could oh war than $400,000 in taxes. >> it could be, but it could be skewed based on how many people in big positions could skew the average. we know they did a lot of hiring so low -- so late and so close to that ipo. >> all right. i want to bring in a chief economist. is that $400,000 per employee sound right to you? >> a pleasure to join you. things for having me. it sounds like one of the averages that their average family has 1.3 kidss. sometimes averages are not that useful. the average may not be all that elicited in this case. lock upuch will this impact twitter share prices? obviously it has been on a roller coaster. it has been hit hard. will this be a big deal? will be at think it begin. there will be a coming around and focus on the bear sentiment on the name. we have seen a 14% slide. i do not think that is important. the real cha

they went after a lot of acquisitions. e mobility they bought that, the user ship went down so they were a young company that took a shot and struck out. a lot of people bought it at $14, $8 a share. you're very lucky in your time but you're one of the smartest people i know so with that said, sell. >> sell. >> sell. >> thank you, rob. twitter seems to have some of those first-year issues of a publicly-traded company that we saw with facebook, ups and downs. what do you think about twitter? >> twitter is cute. instant messaging and snapchat does what twitter does, sending messages back and forth. they're missing a little component. they're great at gathering news, unbelievable. they broke the so is a ma bin will orb o so ma bin laden and probably just the u.n. bieber stories. it's too scaffolding with hashtags. they will get there, i think. i think it will develop and work out over time, but right now, they have to sell to the masses that, yeah, if you want "breaking bad" information, it's there, and there's a lot of it. so

spent more borrowed money but that didn't make us richer that made us poorer because the debt grew a lot faster then the economy so when when the average american doesn't feel the recovery that's because it doesn't exist when they talk about a jobless recovery the reason it's jobless is because it's not a recovery if we had a legitimate recovery we have plenty of jobs for people but the reason we don't is because it's a fiction it is a mirage of recovery created by the fed it's a bubble masquerading as a recovery but the people who are living in the. the economy don't benefit from these bubbles anymore you know the average american doesn't own stocks the way he did in the late one nine hundred ninety s. a lot of americans don't own houses anymore homeownership is now it is at a generational low most people are renting their houses or a lot of people from hedge funds so all they're doing is paying higher rent the fact that the fed is reinflated the housing bubble doesn't help the renter but you necessarily think that everyone should be a homeowner you know i'd go die i think there are too

if everything goes right it will get a lot of credit. rio is in for a lot of change.i talked to him about the control center. they took me up in a helicopter ride to see what they are going through. >> [indiscernible] >> there's no better way to see rio's olympic future than from the air. they are feeling -- if he is feeling the pressure of building that future, he doesn't show it. as mayor of one of the most spectacular cities in the world, he loves to say he has the best job in the world, but rio has plenty of problems. is it ready for that global spotlight? >> we are in a different stage of development than big cities like tokyo, like london. they are much ahead of us, but it's a rare opportunity for change for the city. when you look at these, especially the olympics, it has a lot to do with how can you change the city. what you need to get done that sometimes you will not get done if you didn't have these events? >> it is a moment of great opportunity, but it's also greatially a moment of pressure. >> they are unlikely to understand why you're spending money on t

unfortunately there are not a lot of teachers who have by-lingual training here, and we're able to getruits who do. and in terms of attrition, 61% of our teachers complete a third year in the classroom. a third of all of the teachers since 1990 are still in classrooms today. so i don't think it is a waste of money. >> so kamika, the former research director of tsa is not reliable, because only about 15% of the teachers are in grades or subjects that are subjected to standardized testing. so how do we know if the program is worth or money or really helping students? > well, whether or not the data was reliable, i wouldn't want to rely solely on standardized test scores to determine teacher's levels. what i thought was effective and what i thought was helping students when i was 21 years old is very different now, 15 years later, with the experiences that i have had, so is it worth the money? i think that's a hard question to answer, and i think it has a lot to do with different regions around the country, for how the money is use. maurice spoke about bi-lingual placements. and that may

a lot of moving parts here with apple. it's a big part -- apple's a part of the gdp is what i'm saying. >> absolutely. we'll get an update i'm sure prior to the annual meeting, of course, from the company in terms of its buyback plans once -- it's only got $18 billion. >> carl back away now? >> no. he's only asking for 50 billions. he's not asking for 150 billion. >> this is more. >> more and more. >> that's our society, isn't it? >> he wants an additional $50 billion on top of the $60 billion that will take place or much of it already has. >> i think buyback and acquisition at the same time. and by the way, i've been pushing for an acquisition here. >> right. >> i've been pushing for a ten-figure acquisition. >> cook said we won't necessarily back away from a ten-figure number on an acquisition. he said that. >> come on "mad money" since i called for a ten-figure acquisition. >> he had them buying anything and everything. i can sit here and think -- you had them buying networks, had them buying netflix. >> aol. >> aol. >>

a lot of people don't unfortunately stand the gimmicks. here is one for you. ou switch over to directv they lock you into a price. have to stay with the contract i'm sorry for two years but price only a year. >> but they're competing for your business. melissa, exactly to your point. when government gets involved i think that is one of the risks of this deal you could see antitrust regulators get in and try to change this deal somehow but it is consumers that are always the benefit when industries consolidate. go back to steel and go back to alcoa got sued by the government in 1940s. microsoft, airlines. when you allow companies to merge and become more efficient and prices come down. that is what you will continue to see in entertainment. melissa: well, i mean the real question what are any of these guys going to do? talk to a young person today, as soon as they set up a apartment doesn't get cable any longer. doesn't matter when we're talking about comcast or time warner cable. they get apple tv and netflix. why would i bother? that is the real problem. how w

we lost a lot of really solid program. we had amazing peer run programs that were incredibly effective that we lost. we can do creative things. we can have assertive outreach. we can do a whole bunch of stuff where it addressed the very severely mentally ill people that were not going today. we have a whole lot of untreated mental illness out there. i think we all can acknowledge that. we need to make sure we address it and we should be making sure that people have medical treatment in the same way they do and, you know, they get in a car accident or any other medical issue. it's really not the case right now in san francisco. people do not have access to mental health treatment in the way that they should. and lastly, we'd really like to see a concerted effort to end family homelessness and get really aggressive about it. even though many of our families are chronically homeless, you know, many of our families go from shelter to hotel to shelter, friend's house to shelter. experience homelessness a long time. we've been as

a lot of it still -- a lot of areas still in great disrepair. so the initial blow they got off their panels of the storm isn't panning out or might not. >> it might not pan out. but people are pretty good in it country. they give people office tremendous leeway. they say thank you for making the effort. they are bottom line. you can have -- you're the one stuck in your car. ideology is great ut get my light on. get my street clean and mae sure they don't come in my window. you don't get the snow picked up. you're in deep trouble. >> that was -- you have a future in >> i could be in the business. >> thank you very much. in the meantime, the war on poverty come to this. some democrats lay it out. the republicans what support a star? welcome back. how is everything? there's nothing like being your own boss! d my customers are really liking your flat rate shipping. fedex one rate. really makes my life easier. maybe promotion is in order. good news. i got a new title. and a raise? management couldn't make that happen. [ male announcer ] introducing f

and you know it's talk to a lot of. campaign finance experts folks who are interested in good government and there's a consensus that we need better laws and i don't disagree with that necessarily but we also need. it for senate so there's no political will at the department of justice and there's no resources devoted to investigating federal corruption i think the. i think citizens need to demand that type of enforcement because there are laws on the books they simply aren't just being they are being reinforced thank you so much excellent work leaf on journalist contributor at the nation really appreciate your time thank you so much abbi. that's our show you guys thanks for watching and join me again next week when outbreak the sat all over again. silence on a. child legal rights. to the. new. pain of the young girl's cammo for the future hunter. between two and three hundred million guns the united states so you can act like they're not here and keep kids away from them. the plaza sound is they warrant you know i mean

write the obituary in the suburbs yet i think they have a lot of life left in them. and that makes for example chattanooga with their gig chattanooga has a broadband system that is owned by the people that operated for the people by the city as opposed to having comcast or horizon do it what's the result of that. you know they have world close class broadband now i spent some time in korea in two thousand and four it was there for about six months. you know chattanooga is catching up with where korea was in two thousand and four the rest of the united states is the decade behind that i was in singapore as i mentioned last week where the government has wired the entire country with speed broadband because in their view he was it was an excellent investment in the future you know we live in a country that's kind of unique among developed nations that doesn't see its telecommunications infrastructure as a key to its future sees as just another industry that you know can you know sort of regulate itself and it's clear that it's failing but we think that way about all of o

a lot of 30s here. with the cloud cover coming in, i think this will be slow to bounce off the morning lows. a cold pattern coming out of the northwest. so far not any rain but a few returns on radar. i doubt much of this develops. maybe mendocino county. some of that could clip the coast. light rain and sprinkles. more likely wednesday night. 8 up in tahoe. 22 in reno. 32 in eureka. it's back again. a lot of cloud cover. not much to the system. but the next coming together will give us a better opportunity for rain. that would be tomorrow afternoon, evening. increasing clouds, turning cloudy. it's already cloudy. increasing clouds. cold morning, cool afternoon temperatures. s we were below afternoon. a lot of low 50s. >>> here's tara. >> we want to talk about the serious accident in the santa cruz mountains. we can show you exactly where it is. it's very slow going as you approach the accident scene. although this has been cleared to the shoulder. this is a four-car crash, highway 17 northbound at bear

it has a lot of access points. what i hear a lot of fear from a parent that if tracking goes away that my accelerated and advanced kid is not going to wind up getting the kind of stuff they have gotten before. i have to tell you, what i saw in the unit that i taught at the high school level, it was just full of incredible rigor. it has a lot of access points. you can have kids that are super advanced doing things and allows for differentiation. i myself found it very difficult to do the whole unit. what i did was break it into all these different levels for kids. i this i that that is something to address or to say to the fears that we are not going to be able to get the kids on an an accelerated pace. i think they will be on an accelerated pace. thank you. >> hi. my name is toe loul. i teach at mission high school, this is my sixth year teaching there. there are a lot of things i can talk about the common core but i want to focus on a personal experience. i'm a product of the sfusd school system. i went to grant o

i do a lot of stuff of i am a father. that's first. every morning, first thing, medications and take them to school. >> have you always done like 20 things at once? >> no, actually, just, you know, what happens is people -- i would start something, right, i am passionate, i go to work every day in that thing, right, and then smarter people than me come along and they take over. they take direction, but they really know how to run whatever it is that we are doing. right now my focus is mostly on a.d. di d. all depth digital. these new collections i am shipping to macy action is a 's is a thing as well. things that need attention you have to focus them. >> after being a father, is there sort of next job that's your most important passion? >> well, i like supporting social and political initiatives that make people, you know, -- promote well being. like this book coming out is good. i want all kids to meditate. my kids meditate and i think medications, it's one of the keys to have self reflection is good, yes. and all of the spiritual thi

sprouted up around transit before the cars so if you think too that's why on the east coast we have a lot of older suburbs that are more village esque and they have a completely different design and a different plan and that plan is more like a traditional town planning blueprint that goes back centuries that's the way cities are planned it's sort of a grid with transit in the center of commerce in the center this is the way a lot of classic railroad suburbs are called now and still are today but what happened was we sort of blew up that model right around the world war two when we were suddenly in namur with mass production. the levitt brothers came back from world war two armed with these new skills of how to make houses very quickly on an assembly line basically the automobile of course just changed our all of our lives dramatically and we were again we were just so enamored with this that several suburbs became designed a different way and that's the sort of modern postwar cul de sacs plus connector road plus strip mall you know the kind of looping sprawling model came to the fore and

saves them a lot of money. when you talk about digitally disturbing other businesses. and pizza is conceivably being reallocated in market share and brings me back to weight watchers, think about what the fit bits and the like have meant for that business. >> anybody who has used a domino's app knows it's fun. it's interesting. the mobile app is doing well. the fact that you now get your credit card in there so you don't have to worry about change with the person. this is demographically people of the ages 18 to 22 they have pizza and beer, right? they have pizza and beer. >> and they don't like to talk on the phone. >> they don't like to talk on the phone. it's a lost art. >> nobody under the age of 30 wants to talk on the phone. >> no. >> we should text the whole show. >> all they do is e-mail. phone call? what the heck is that? >>> if you are a loyal viewer you may know that jim references his bar san miguel on the show but now the conversation has crossed over to tmz live. take a look at this. >> how did yo

as you can see traffic is slow going and there are a lot of cars along the freeway. there is a woman over here that is waiting for the tow truck to arrive at her car and there are still a bunch of cars waiting to get service so they can get where they need to go this morning. it's hitting at a bad time because it's a morning crunch. this is right on your way to arundel. >>> a firefighter veteran is in jail this morning. ktvu news has confirmed that he was arrested at work yesterday. we have the latest information we have from investigators. >> reporter: good morning, we're here at the san jose fire department administration offices where we're told where mario worked. we know his office space was searched and his home. it stemmed from a tip that the department of justice received monthsing a. this is mario in a disaster drill a few months ago. they learned that he was selling drugs and having inappropriate sexual contact with children. it appears he was solicit children through the internet. it's unknown how many victims are involved and how long this behavior has bee

accident as first wife in a car wreck rather in a tractor track crash a job become all music spent a lot of time playing music and writing songs and reminiscing about the past in a soul thing what to get a muscle shoals alabama i was not welcome in nashville tennessee and i had no friends in new york city model was jerry wexler ahmet ertegun. and clive davis knows gas i want to be big and i want to be i want to be in a pop music business and so nashville is country and so i can i can get in i can break in so i muscle shoals so. i came to most of shows and opens a studio start built my own studio was my own engineer and started working with sly and sanger's and songwriters and and produced a couple hit records in the one record was was there or is there a muscle shoals sound there is a muscle so silent. it's hard to describe but i will tell you this it's it's it's heavy on the bass heavy on the cape rumble and it's got a lot of. it's about the kind of music what was your big break as a producer you better move on by a black artist by the name of arthur alexander and that in early ninety s

>> right, we see a lot of it. we compete against a lot of it, believe it or not, and that's on the side we're trying to buy land, where we're trying to buy lots. we go in, and most of our financing comes from the bank. if they've got somebody that comes in and they're looking at the sail lot or it's to tear down a house, and these people are offering cash, we can say we've got a banking line. they're always going to take the cash. we're competing with that as well as the ever-ballooning, and rising prices of the lots. yes, there is a lot of it, as well as on the other end. >> we know in markets like- like--miami or markets like new york the cash buyers who are individuals tend to be non-americans who find it better to investment in u.s.-nominated investments rather than russia, brazil or china. are thewhat about in houston. are they just wealthy houstonens or people from elsewhere? >> i think its both. i just pre-sold a house i'm building, it's $1.4 million, and it's a cash buyer, and it's a foreign person. i've h

you could get a lot of investment into it. t a much higher multiple than regular microsoft does today, so that would be my guess just on the realm of the activist investors who seem to be prowling and going after any prey they can. >> yeah. and speaking of which, it does sound like john thompson will be a bigger voice obviously. aside from just being chairman, dennis, he now has license to push for change even faster than he did before. >> yeah. of course, john thompson sima c symant symantec, a decent leader, i don't know a visionary leader at the scale of microsoft, but, again, there's really only one microsoft. i would say qualified, decent choices overall. but lots of -- lots of big questions here and i guess the stock moved yesterday. i guess it's moving a little bit today. >> yeah. >> but -- >> the tape's a little strange this week but your point's well taken. we'll see if nadella tweets, if nadella tweets what microsoft is about, dennis, that will be a response to your challenge. >> maybe this should be a "squawk on the

i did deal with a lot of guilt, because matthew was basically a representative of a lot of -- at least the way i looked at it and the way i processed it was that he was the symbol of you know all my past misdeeds and people that i've hurt in my life. so it was very, very difficult. you know, he would ask for example in the audience, especially young people you know, matthew's forgiven you, perhaps god has forgiven you, but have you been able to forgive yourself? hatred and internal things started to come to the forefront and it was very difficult. >> you have become friends and support each other. and jason they lecture together and try to bring their message and connect with people. what makes their story so effective together? >> when you hear their story, especially when you hear their story firsthand is such a remarkable story. anyone who can hear it is relates, fortunately not all of us have gone through such a horrific situation that these two men have gone through, they can present it to their own lives. that was the goal of our story, whether it be a small dispute with a friend

a lot of these companies gather a lot of data on you.y figure out what types of things you're more likely to shop for and create these databases. they sell some of that information. and they don't think that necessarily this belongs to you anymore, because it's something that they created. so it's a little bit more complicated for the fbi and for others to try to tell them when they need to notify. and as you pointed out, you know, this has become such a big problem, because, you know, it goes beyond just a cyber criminal out there. there is also a lot of data breaches done by governments, by some countries that are not friends of the united states, or are rivals and they have an interest in doing some of this stuff, as well. so, again, it's a fairly complicated issue. >> but you're so right. who owns us? you like to think that your information is yours. bolog bologna. you check that box after 20 screens of information that you don't read. evan perez, thank you for that. >> reporter: every time they ask for your phone number. right. >> o

so yes, it is a lot. >> how much did you lose? llion, itarter was all in bitcoin. >> now you cannot get it out. >> yes. that is the risk of keeping money with someone who is not trustworthy. >> is this a problem with bitcoin or just a problem with mt. gox? >> it is not a problem with bitcoin. >> it is an interesting problem. a lot of people do not know and i recently discovered mt. gox is an acronym for magic the gathering online exchange. exchange, usedis to be for trading cars and it developed into a bitcoin exchange. over in japan, and i was telling trish earlier, i spent a stack of hundred dollar bills to some dude in japan who used to trade magic cards for a living, and that i lost it. it would not be a huge shock to me. ?hy did you trust mt. gox i know a lot in the bitcoin community have not trusted them for a long time. >> i did not trust them. it was risk and i was able to do trading there. i knew the risk and got burned by it. the fault is ultimately mt. gox 's, but i should've known better. >> this is not a bitcoin proble

but there's a lot on the line. a lot at stake. if this vote does not pass, what is the next course of action? what happens to those 1.7 million people and what are you going to do next? >> we're going to keep on working -- we're talking about, as i said, lifelines. these people are looking for work. the ten people who came with the ten of us who asked them to come and sit in the gallery while the president spoke in the state of the union, they gave us their stories. they're looking for work. the person we asked to come from michigan, she went for two more interviews. she sent out hundreds of resumes. they now send out resumes if they're over 40 or 50 years of age, and they say we'll take out any reference to age. we have the highest level of long-term unemployed and unemployed in this country, that we've had since the depression. and so, this is for -- people, it's an emergency. >> absolutely. and we want to understand this problem. the problem is very real. but i want to get to the heart of the matter. house republicans have expr

they're also people who are worse off who invest a lot of time in learning how to do that profession and skill and go to college and do that. and now in an economy where you compete against a $39 piece of software it doesn't have as much value and is not a coincidence because there are 17% fewer that are under pressure. what i just described is a microcosm of what is happening in lots of other industries and we are seeing it in software and music and media and in manufacturing and retailing and financing and software and digitization becomes the core of more industries and we will see the same kind of economic instances in society. >> i love that example because it talks about the two main economic consequences that we have talked about in our book and have tried to elaborate. the first one is bouncy and at under and as was said, there are two different flavors of this here and one is the reward for the innovator and the people that came up with this. and the other one, the bigger category as those who have access to higher aldie cheaper tax preparation and we think it is critically i

what they do in order to make up for that, they work a lot of extra hours in order to feed their families. by bringing this thing up a little b, the minimum wage, that means they may have a free hour -- >> hold on, gu. wayne, if that does, in fact, happen, where the low end of the income spectrum moves up -- prices could go up for things like a mcdonald's cheeseburger. who does that help? >> well, i don't think it does, eric. the point is, it's not really whether or not this is going to affect, i don't thinso much, the pricing mechanism and the economy so much as it's going to affect people working. the workforce itself is going to shrink. people are going to hire less people. if i can get a job done at the same price, i'm looking at marginin my business. if my getting the job done with five people who can do this job instead of six people who can do this job, i'm going to lay off that sixth person. that's what's going to happen. so the workforceis going to shrink and ultimately this is going to drive jobs away as opposed to promoting jobs. >> go ahead, last thought michelle. i want to mo

i knew a lot about football, but i knew i had a lot to learn.s i said when i took the job, i know what i don't know. it's given me a chance to be back in the game and continue to learn. >> you went to stanford. we all knew you were a smart guy, but you were known for your arm as a player. now you enter the second stage in a second arena. you can't throw your way out of this situation. was it strange not to have one of your main gifts in football not at your disposal? >> i think there's obviously when i had the arm that i had, that was my security blanket. when you move away from that, i think that's -- as a football player, you have the control of everything that goes on the field, really as a quarterback. now you're putting those guys together with no control between the lines. so i got no problem in turning that control over to peyton. my job has been to get the best team around him. >> your signature move as an executive was moving on from tim tebow and acquiring peyton manning. for people that don't remember, tim tebow had just won a playoff

he expressed a lot of confidence. as very emphatic about his confidence that they can tweak and change the product to engage the mainstream user. >> integration of those richer media experiences helps make it a more accessible to a broader audience. we have taken steps in that direction with our launch of media forward. we will continue to make twitter a more visually engaging medium. >> they know twitter is not as accessible to as broad an audience as they want to reach. can they do it? >> i think there is no question that there are significant changes coming. >> they have already gone through a big redesign. >> once picture started to show up, it was a totally different experience. there are a lot of things they can do over the coming months to do more. >> my mom is still a big face -- facebook user. she still does not quite get twitter. david, perfect question for you, author of the facebook effect, can twitter be as mainstream as facebook is today? >> thank you for saying it because i was going to bring it up mysel

of money doesn't sell for a lot going on her ok for target it's sold for twenty dollars to two hundred dollars and they go for as little as a dollar so it's really one of the scary and what they'll do is they'll make a lot of small purchases you may have seen this before we'll have a random amount directv. flower bouquet they're going to do exactly and it's a lot of times it'll be purchased in the state you live in so your bank won't necessarily know because it's not flagged so we're starting to see this a lot more now than we did in the past you're you just covered the. piece on it and you know what was most shocking to me is forty seven percent happens when it was half i can't believe that i mean why is it happening here it's such an it's incredible i mean we are seeing this happen more now i mean target if that doesn't tell you everything itself i mean seventy million plus people there are saying it could be go up to one hundred ten million you had even markets a million and most recently i don't know if you were affected by this but kickstarter might take starter was affected as we

there are a lot of synergies. rth fight over which management team will keep their jobs. there is an active investor. golden gate capital is getting a sweetheart deal. it is valentine's day after all. getschange, jos. a. bank to be more protected from a hostile takeover from men's wearhouse. it is a poison pill kind of move. not only are they buying eddie bauer, but golden gate is getting 2 board seats. that is another defensive move. >> you by two suits for the price of one, plus you get a hooded parka. >> and they don't call. i don't know. -- and a duck call. i don't know. >> if it is a poison pill, does it add any value? is the board being responsible? are the activist shareholders rising up in anger? -- cracks -- >> this is a growth story. where is the combination with men's wearhouse is more of a synergy, a non-growth story, more about taking costs out. they are trying to sell this deal to investors. they think they are being responsible for two reasons. they are going to do a buyback for 65 dollars a share. s

example of what's possible a lot of people for many years who said we can't put. a certain amount of solar on a grid it'll ruin everything germany has time and time again year after year shown that that it just is not the case and now many states in the us are starting to catch up to that as our market matures there are some problems with the germany program while they didn't while they didn't provide massive that while they did provide some subsidies let's start with that but also the feed in tariff program has made electricity. increase quite a bit for consumers and we know that's not something that's very popular but when we're talking about putting a price on the pollution the advantage is that we can take the revenue from from the price on the pollution that these big fossil fuel companies will have to pay and use that to make sure that american consumers do not get hit by the impacts of this policy. there's we are at exactly the same moment that germany was that we have over five hundred coal plants in this country that our research shows are fundamentally ec

a lot going on in that book. that was the book that all the girls in my generation were reading by the time we were eight or nine, and the fact that here was a role model, some young girl who wanted to be a writer, i didn't know at the time that the author, lewis -- louise fitzhugh, was gay, and i only found another after a search. but fitzhugh lived in greenwich village, was a contemporary of a lot of other women who are influential in the arts, and harriet struck me at the time -- a little kid in sneakers and blue jeans, writing stuff down, why i wouldn't identify with that? and many of my other friends did, too. >> host: you also talk about tony armstrong, jr. >> guest: my friend who is a women's music journalist, and who brought me into writing about women's music festivals with an editorial eye, and made me a much better writer. i'm very grateful. and also a friend i love. >> host: right below that is thing my womyn's music festival. >> i'm 0 coordinator for the community center in michigan. i try to live yea

a lot is dependent on those ties. >> we should fix the country first. we have to build a normal, functioning legal system which will serve the people and not 450 members of parliament. >> employment is vanishing from this town along with its young families. investment by the old government was broken. the money never came here and it shows. this town once supported 16,000 people. but it has been in catastrophic decline. the economy here is frozen as the river that gives it it's name. the river lopan flows from russia. by the time this ice that yous relationships with moscow might be facing a deep freeze. as light began to fade we were forced out of the town. oh our taxi driver had received threats of violence for carrying journalists. they call it the iron fist of yanukovych, and it still exists here. >> we want to show a photograph right now that has just about everyone talking. the photo is palestinian refugees as far as the eye can see lining up for aid. in damascus food and medicine has been scarce. these refugees went to syria to escape conflict, an