how does aic do it? it's use. to compare them to dotcoms that can't turn a profit, pandora, yelp.. yelp is a vehicle for local deal ads, none of them profitable. they can all learn a lot from sitting down with the annual report of iac interactive. match.com is iac's biggest business. it accounts for a quarter of the sales but nearly half of the profits. match was the original dating site. it was the first one. but the key here is match.com's subscription base business with 1.7 million core subscribers as of the latest quarter. with match. >> a long with the smaller niche sites for specific demographic groups like seniorpeoplemeet.com, the polar opposite of sexy, iac is something proprietary that people are willing to pay up for. in other words, they bring you in and then they get you to pay, which at the end of the day is what running any business is all about. this is how the game is played. not by giving away a commodity product and hoping eventually to lure in enough advertisers to turn a profit. by the way, last quarter match.com's revenues were up 46% year-over-year. incredib

>> reporter: virginia is not a small state and this goes back to virginia's aic rules how they go about put pick people on the ballot. you need a certain percentage of people in congressional districts and mitt romney and ron paul met the requirements. the others didn't. rick perry was one, john huntsman, michele bachmann and they're out of the race n. december, perry foiled suit. what the court said, brian, you may have a point here, candidates. virginia's ballot law may not be constitutional but it's december. too late for to you do this and this is going to go ahead and as it has with the two candidates on this ballot. expect this to be revisited. >> ten states in all, including virginia. the key one, obviously, ohio, right? you can't understate ohio's importance tonight, brian. no republican has been elected president of the united states without ohio. no president has been elected, a generation new of 50 years without getting ohio. also tennessee tonight, brian. you know that is going to be important for republicans to carry southern states if mitt romney is the nominee. tennessee

it has had aice rally from theow 60s the low 70s since september:ism right. >> tom: still pays the yield what's left? >> 39 years in a row this company has raised its dividend, and the brand that you would recognize as kleenex -- in recessions and boom times people need toilet paper and need to use consumer products. so we think it's a staple of the economy t. has worldwide diversification in terms of the investor base. we like it. >> tom: what do you anticipate of the stock price from the low 70s. >> a move to the mid to high 70s. not a big move, but -- >> tom: time frame? >> three to six months. >> and we like to be rewarded by a dividend. >> tom: and you like intel which pays a dividend close to 3%. >> you could have picked this up in the fall below 20. could be a volatile stock being in technology, could >> could be. 15 billion in cash on the sheets. warren buffet owns the stock. we like the trade. we think the 3% dividend end, and the technology sector will continue to be the sector that drives the entrepreneurship in this country for a portion of one portfolio. we like to own it. >

our federal government's highest io to secure the common defense of the aic and we need to make sure we're preser hedged against future threats. we have recognized that the world hasn't gotten any safer in recent years in o in contrast, the president's budget, he ance budget figures for defense and other areas at the same time h w for our defense posture. the timing is uncanny. it seems to budgetary exercise, not a strategy-driven exercise. i would just say,hinko this is a where the federal government can make some the quarterly, every four year quad ren yell defensethink that robust document that should ultimately drive our defense spending. in the absence of an administration that is prepared to lay out a morenspolicy i thi taken a very responsible defense approach in this budget. i yield back. >> thank you. at thime t mr. garrett for getting spending under control and putting the budget on the >> i thank the chairman and i will yield myself two so thank you, mr. chairman. sointroducing a budget that fac i think real spending di freedom, protects the future of our nation programs,

when you're like a full blowned aic,, you don't care, like they're not even your family because you'rerything. >> no matter what we did, what we said tom, he was just, he just was kind of checked out. >> reporter: susan and brian say their son michael began stealing from them, even pawning his mother's jewelry to support his habit. he was arrested for forging checks in 2010. >> i said michael, how much lower can you get, you're in jail. >> reporter: you left him in jail. >> yes. >> reporter: why? >> it was either a short stint of reality or he'd be dead. >> reporter: more than a month in jail sobered him up. but the real lessons came from inside this nondescript building in downtown boston. it one of four recovery schools in massachusetts. with the goal of keeping all its once addicted students clean and sober and on track to graduate. >> i'm getting academics as well as recovery, that's the best part, it like a two in one combo, you can't beat it. >> reporter: the 60 students, ages 15 to 20, were all referred by addiction counselors, and had to be drug-re: for at least 30 days before

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but it's still alarming and aic about wake-up call for the health care system. >> interesting to sayat a young age that your children may be autistic. not responding when you call their name or something like that. >> repeating certain motions over and over again. >> there are tell-tale signs. >>> also this morning you chance at winning. we talked about this a minute ago. the largest lottery jackpot ever. >> oh, baby, buy me a ticket. >> please. $540 million on the line. can't even conceive that kind of money. what would you do if you money the mega millions drawing? it's all the buzz on our facebook page. >> you have an option of just taking like 325 mill in cash. >> that's easy. the lines stretching for blocks and miles. it's incredible. i think that's everyone's favorite conversation. what would you do if you won that kind of cash? >> what couldn't you do? that's the better question. >> and later this half hour, zombies show up at the california state capitol with a scary message about texting and talking on cell phones while driving. will drivers pay attention? >> probably not. i

aic i'm laura garcia-cannon. in a tragic murder suicide. investigators say he killed his 52-year-old mother and 11-year-old sister before committing suicide. martha's body was found in hollister yesterday. the 27-year-old was an iraq war veteran that family member say showed signs of post traumatic stress disorder. the funeral at saint mary's catholic church in gilroy tomorrow. >>> look at the commute. it is wet out there. >> it is crowded. wet and windy conditions are contributing to the slow down. hasn't hit in full force yet. we have a wind advisory for the bay bridge and slow approach on east shore freeway. 580, off the warren freeway, accident making it a tougher drive. accident at third clearing from the roadway, and live shot outside that we have as well. we have that shaky camera in oakland. >>> for the latest traffic and news updates, check out nbc bay area on facebook. another update in a half hour. see you then. land o'lakes spreadable butter with canola oil is made with sweet cream, canola oil and sal

. >> rob aic investments. secretary summers, you're there at a very key time at harvard during the incubation of facebook, i was just curious if you could just bring up a little bit sort of the hands-off lessons learned there that led to the success and what that could sort of translate to some of the thinking here to today's program? >> since i get blamed for all sorts of things that i did at harvard which i had actually nothing to do with i'm sorely tempted to take credit. i'm sorely tempted to take credit for facebook even though i had nothing to do with it. i guess i could call having nothing to do with it creating and enabling environment. [laughter] >> it wouldn't be the most shameless claim -- a claim that was ever made. look, i think the fact that we have enormously talented young people, we bring them together in hot house environments and we encourage them to create and do innovative things is one of the great strengths of this country. and every year when i was at harvard, i gave some kind of advice