here is phil roosevelt who writes this for barron's. welcome to the program. >> thank you.? >> two years. they are finally coming out of all the problems. they got slammed in the financial crisis. there have been heavy legal costs quarter after quarter, year after year. they are finally reaching the end of that, and their businesses are already showing increased profits. stuart: so in two years from 17 to 25, that's the barron's bounce prediction. >> plus their dividend will go up in that period -- stuart: doesn't warren buffett have a special deal with bank of america? >> something like that. stuart: he gets a guaranteed very high rate of return? >> something like that. stuart: and he can share those shares if they reach, like, $9 a share or something? the guy's going to bake a -- make a billion dollars on this, isn't he? >> now it looks finally like it's clear and safe to go in there. stuart: you haven't had a failure, have you? every week you have a barron's stock that you like that you think is going to go up, and you haven't had a failure yet, because every monday morn

jack hough, senior editor of "barron's" and dan schaefer, schaefer asset management. i want to ask each of you what does he have to say on wednesday after you will of that, simon? >> american people want him to defeat isis and needs to say what is necessary to convince them whatever that may be. melissa: convince them that he can do it. >> to do it. they want to be behind him. had is one of the few things no one wants to him to fail and win and win big. melissa: jack, what does he need to say? >> there is a view of the president that is he aloof and not paying attention and that is he on the golf course. i'm not convinced of. that the president create ad narrative in the head. i'm the guy who got america out of iraq and wants to stick to that narrative to the end even when facts on the ground radically changed. i want to hear something from him hey, the facts radically changed and we need to change our course and do something about it. melissa: okay, dan? >> he need to come out and be strong. he needs to show that the united states still has power. not give details of

barron's says boeing's stock looks like a bargain. bounce. you did it again. over the weekend you said boeing looks good, up she goes on monday morning. what looks so good about boeing? >> well, the price looks very good. the stock's down this year on a lot of early short-term issues, and this is a company you have to look at over the long term, everything it does is long term. and the trends for its market are fantastic. global air traffic's probably going to grow at 5 or 6% a year for the next 20 years, anddto just keep up with that and replace the existing planes, the industry's going to have to produce twice as many planes as it did in the past 20 years. stuart: there's only two companies in that line of business, boeing and -- >> right. and this one's more profitable and more innovative. this is the better bet. stuart: so the dreamliner then is a fine plane and a great plane for poke and its future -- boeing and its future stock price? >> it had a long, slow start but, again, their product cycles are, like, 40 or 50 years. the 73

you've given a "barron's" bounce. what makes you think there is growth from here?shortage of growth in the market. look at bank of america, at first glance the earnings look kind of like a train wreck. you look the problems are isolated in the mortgage business and they're taking big litigation charges and winding down expenses to service bad mortgages. when you look at rest of the statement, you don't need much growth. you need for bad stuff to go away. it is set to today that over the next six months. next year investors will look at clean earnings statement for bank of america. i think company has $2 a share in earnings power over next couple years. melissa: how does that differ from the pierce? everybody was mired in the same penalties. do you say the same thing about jpmorgan? >> i think for a lot of group that is the case. big banks in general are misunderstood. they're the safest they have been in a long time because of new regulatory requirements. i think the group is set to get rerating higher once earnings stablize more. melissa: okay. >> when you look at

art barron on the kiss thatt the 'django unchained starn >>> a public display of affection has a hollywood actress blaming the police. >> he thinks that deserves being in handcuffs, fully in clothes. >> reporter: she was accosted by a police officer when she was handcuffed. she sobbed as seen in this cell phone video. >> i don't have to feel ashamed for being who i am. that is really what -- where the tears were coming from. >> reporter: the actress in "partners" and her significant other believe the police mistook her as a prostitute. >> because he was asking questions like who is she? how do you know her? where do you like -- are you -- are you together? >> reporter: the two have been dating for the past 1 1/2 years. last thursday she left a meeting on cbs television and got into a car and showed us today how they were seated together inside of the car. she says someone told them this their public display of affection was a distraction to workers inside of an office building. >> i said making out is not illegal. >> i know, but they can not -- they are being distracted. it is not really o

we have fox business's charlie gasparino, jack hough from "barron's" and chris, editor of power trend profit. this story is blowing up. meanwhile the president says nothing, he is mute. >> we should point out president obama is only president to sort of wimp out with china. bush and brent scowcroft toasting chinese leaders right after tianamen square, when that was 1989. melissa: look at pictures. >> before we start attacking president obama on this remember the bush administration aided and abetted a similar regime, similar crackdowns. i will say one thing, there is market story here. look at alibaba start killing people, pull a tianamen square watch shares of alibaba get crushed. melissa: you agree with that chris. >> i absolutely do. i have concerns about alibaba. people are afraid of slowing employment growth. chinese consumers are starting to save, not spend. very concerned about alibaba. i think charlie is right. >> remember, in the s-1, says we're dependent on the chinese government fulfilling its promises to be more open. melissa: now the opposite. >> story only ends one way b

he is a barron's round table superstar.insists on speaking to a lot of american company chiefs before he makes that investment. scott, the founder and president of delphi management, has two new picks, but he also, we'll tell you what he thinks about lately before he pulls up his computer screen to figure out how he should be investing. now, when it comes to looking under the hood, the fcc has been combing through every detail of that comcast proposed acquisition of time warner cable. it's a $45 billion deal. the first round of public comments, boy, it's gotten noisy, seen more than 75,000 submissions. the company's replies are due on september 23rd, and then there will be another commenting. look, this all ahead of the shareholder vote in less than a month. now today, this is interesting, both comcast and time warner cable shares hitting all-time highs, but many investors still question whether the deal will get approval not from shareholders, but from regulators, and if it does, will this change how you view television as

the phone hackers, editors, the news barrons including two generations of murdochs and the politicians had cur rishingd their favor and then came the trial that was formed the final chapter in nick davis's book, it started with a piece of irony some found delicious. the prosecution revealed that andy coulson and his former boss, rebekah brooks who oversaw the destruction of so many reputations through their tawdry journalism had their reputations soiled when the prosecution revealed that the two had had an extra-marital affair of their very own despise a sizeable and expensive legal team, coulson was convicted and sentenced to jail. acquitted. >> i feel vindicated by the nam verdict. >> you wrote, pair traysing now of the trials of rebekah brooks that nowhere was the power of newscorp more evident than in that room. >> uh-huh. >> that it's corporate muscle, its money was on display and the resources, the bar sisters, the solis at this time it orders they dwarfed the state, the prosecution. given that, were the verdibilities a foregone conclusion for you? >> okay. so i have been coverin

was known to be controlled by a member of party barrons who couldn't room rate. his campaign was run on a platform. there is no reference -- some people on the extreme right, in a group that is associated with them they did make statements that are extreme, and he called them out for it. >> so has he -- you mentioned at the beginning that he wouldn't have been allowed in the country before, has he put aside that part of his baggage? is -- is the relationship going forward with the united states one that won't have to bother with that stuff. >> i think as we talked about earlier, much depends on what happens in the future. he is actually emphasized inclusiveness, in fact, everybody was surprised that he is cob standly mentioned the word. at madison square garden the three words you saw up on the stage, were unity, action, progress, a bit like hope, change, progress that we saw in the shephard ferry posters. but the unity part, i think he is emphasizing does send a signal. it send as signal to the outside world, there were two interesting statements that he made. o

barron's performance you can see. he feels good about himself and the way this is going.found a running game in the second half. they're up to 168 yards rushing >> sean: they would horrible in the first half, the second half, that's who florida state is. jimbo fisher defines his team by running physical. that wasn't present the first three ball games. if they can continue this momentum on the ground, they'll be as effective as last year through the air. it will be difficult to stop on offense. >> sean: problems aren't for lack of good coaching. they're the very best offensive line coaches. considered that for a long time. >> chris: he's probably relieved a little, too, sean. there's a lot of pressure on those guys. >> sean: they will extend the winning streak to 20 in a row, 17 straight acc games. the last acc loss was here two years ago when they lost 17-16 to tom o'brian's wolfpack. p.j. williams said when they left here two years ago they learned a valuable lesson, you can never get complacent, you have to get locked in every dayy they found the focus. they're going to

. >> pilot, joseph barron. ship, saratoga, september 11th, 1814, battle, plattsburgh, in cumberland bay. you know, this is a battle that's lost to american history. it's the first 100th anniversary, he was known by everyone. this was a huge celebration. people knew how important the battle of plattsburgh was. but in the meantime, things have changed. that poem became the national anthem. baltimore is in the center of a populated area. and people have been tauct what took place there. and what took place there was very important. but it was a diversion. the real battle was up here. you see, if the british can take plattsburgh, there's no troops between here and washington, d.c. there's no americans -- the cavalry is not coming. and with plattsburgh gone, they can sneak down the lake, go onto p hudson and split the united states in half. in the meantime, the treaty of talks are on. and this is a bargaining chip. if you can take plattsburgh, then you can redraw the northern border of the united states, wherever th

one of the groups is the rockefeller brothers fund set up by the heirs of oil barron. >> we embrace theny that was wealth was made through oil, but we believe that puts us through an even greater are pressure. >> reporter: they say they will cut investments in oil and tar sands. >> this is really showing that this movement is gaining momentum. >> reporter: the divest invest government began three years ago on college campuses. harvard and the university of california say they won't divest despite pressure from students. even though who support the movement agree their actions won't have much immediate impact on the industry, but they hope it will push politicians to do more. nicklas told me she hopes the amount of divestments pledged will triple by the end of next year. that's when world leaders will meet again in paris. >>> coming up next, world leaders gather for the united nations general assembly, what they hope to accomplish. and lessons from mars. after nearly a year of space travel, the space shuttle orbiting the red planet. what nasa hopes to lerp. >>> this is al jazeera america

my name is ann barron decamillo within the national skurp security integrations center. we lead the department's efforts in cyberspace to respond to major incidents and analyze threats and share critical information with the trusted partners around the world. they are a 24-7 center and receives ann lizs hundreds of incidents and reports a day. we work with public and private organizations and are committed to the protection of privacy for all americans. we strive for a safer stronger internet for all americans. established in 2003, they initially focused on securing federal systems networks. the capabilities have grown since the establishment and we are working more closely with partners across public and private sectors to develop a comprehensive picture of mid-igation options. cyber security say shared responsibility and a continuous process. our focus is helping our partners build a resilient and secure episystem. protecting the networks requires coordination across a cyber kmund to enhance others as we continue to mature our own. while dhs leads the effort, agency he

"barron's" bounce, potential up side to 150 bucks. either one of those would give them a pop.p on alibaba. >> why not. new highs. [closing bell ringing] david: kind of a mixed day in trading. in fact market information on individual stocks, individual sectors. you see the nasdaq still posted a gain, solid gain. not very healthy one. russell 20:00 up a tick. -- 2000. brought down on s&p and individual stock values that got hit today. really important day for indices on particular stocks. we'll go through all the dias "after the bell" starts right now. liz: as we've been mentioning in the last hour we're awaiting news of the real actual sentencing of mathew martoma, the former sac capital trader. insider trading is the charge. he was convicted. let's break down today's action. michael binger, grade i can't investor senior portfolio manage

melissa: joining me now is jerry levy from profitabletrading.com, jack daughter from barron's is back, 20 days, the guys who are third and fourth in line, they were first and second but they sold their stock to two new dudes so they could be third and fourth and people were first and second by demand there was only one guy behind them. i don't know why you would pay $1,200 each for the first and second spot when you could have been forced. demystify this. who wants to go first? >> go ahead, jared. >> first of all there were only issues with the displays and this could not be released until early october. melissa: you will be out there a long time. >> unemployed has nothing to do for a month, it is great but good advertising for these companies that are paying people to be basically homeless billboards. good marketing. >> i cannot imagine a more boring job other than watching paint dry literally. that has got to be really old. melissa: you can breeze in the fumes. >> the smell of new york in the summer is quite amazing. >> that turned very badly. the won't wait more than 15 or 20 minut

here is the question -- michael barrone, just a few days ago had a provocative piece outlining what he thought noting the anniversary coming up, outlining ronald reagan's achievement and if indeed he could have survived as ronald reagan in the current american political climate and in the republican political climate. i thought it was a provocative piece of work. just having done it for justice but i ask you to take a look. what do you think, lou? do you think reagan was something of the past that could not by example and imitation to some degree be pulled into the future? >> that is a good question. politicians always say that is a good question when they have not the foggiest idea. [laughter] >> could he survive for today? >> sure, he could survive today. jeb bush who i think is admirable does not think of that reagan could get the vote of the party today. i do not agree. reagan made a lot of the climate. it did not just happen. there was a lot of acrimony in washington. it is a little off point but not much, playing off something you said. when ronald reagan came back from geneva, i

. >> my name is john barron, captain of the hegeman string band, and to my right is jeannine mccaffertyell, and to his right is winnie scogna. and we're really glad to be on tv instead of using tvs in our production on new year's day. (cheering) >> philadelphia's gonna be a tough city. let's meet team red. >> hi i'm jack hee, captain of the avalon string band, here with my pals tony mangino, to his right, brian rinnier, and tim ervin. happy to be here at sugarhouse casino taking on our friends at hegeman string band

i represented the "wall street journal" i barron's and the daily news as a first amendment lawyer and then a prosecutor for many, many years. this is a notorious dictator who killed many people and is sitting in yale and he is suing this company that owns call of duty that employs 7500 people and takes care of jobs for 500 veterans. it's a good company. he wants millions of dollars. he is mentioned briefly, briefly in the game. the reality is if he's allowed to do this, it's assault on the first amendment. then somebody like bin laden's heirs could sue "zero dark thirty" for that movie and all the historical narratives can all sue. president bush is in this game. oliver north is in this game. david petraeus is in this game. they haven't sued. that's the reason i took it on. >> rudy giuliani versus noriega. i know where i'm putting my money. >> a name from the past. >> coming up, the a jend is here with the president's coalition building in the fight against isis. can he deliver. >> the overall effort will take time and there will be challenges ahead. we will do what's necessary to tak

we also have the manager jkk capital advisors and jack hough of "barron's" dot-com.y concern if you're something in the fund what kind of trouble will you get into? how will this rebound to individual investors, jack? >> i think new managers of the fund are quite good. russ kinnel's made one "morningstar" manager of the year. if they're forced to sell at some point, that forced selling will hurt the bond market and everyone particularly in that fund. i looked how much cash -- gerri: how, how? hang on a second. i want to know how it will hurt the individual investors? >> i think, gerri, the problem is a fund manager wants to know they have a constant flow of cash coming into the fund. when they're forced to liquidate and investor, you want to buy or sell on your terms, your timing, your decisions not when unexpected circumstances force you to do it. that is the last thing you want to do be forced to dump a lot of bonds on the market that knows you need to dump those bonds. the bond market may be liquid but it is not stupid. >> you want to be with a manager waiting for

melissa: i want to bring in our own panel, charlie gasparino, jack hough's from "barron's" and jake schaefer. i see you're looking at market. >> i hate to reduce this to market story because this is insane strategy and i wonder if the market is taking this seriously. the market is saying president obama doesn't have will to do anything about this from military perspective. if you notice oil is down, the price of oil is down. melissa: significantly. we're showing that right now. look, down, 3%. >> market is, whether it is turmoil in the middle east. the market is coming off its lows. and what traders are saying right now, and what investors are saying right now, this president does not have the will to invade. the notion of an invasion or significant military response to this would have an impact both on oil, on oil futures and on the market itself. i want to make one other point -- let me just, what will that do to the market though. >> i think the market is wrong here. i think this ramps up, you have two american citizens who are murdered by these people, by these thugs, by these terrorists

here now to discuss, we've got our very own charlie gasparino, jack hough of "barron's" and jake schaefer of schaefer asset management and in a fox business exclusive. anthony scare my think. fox business contributor. welcome to the show. >> thanks, melissa. [inaudible]. so successful the way we things will play. >> where do you think they will price, dude? >> okay. so, i'm saying in the 70 to 72 range. this is based on a compendium of mutual funds, hedge fund managers and capital mark experts in the investment bank. this is unbelievable company and jack ma will want to price this thing not the way google got priced or the way facebook got priced. [inaudible]. it is 70 to 72 pricing. this stock will trade anywhere 10 to 15 points higher on opening. of course if it is higher than that range, that will be less. melissa: anthony, we'll try to improve your phone connection for a second here while we talk about this because we're having a little bit of a hard time hearing you. that is way above the range. >> he says it will get a massive on. here is my problem -- melissa: 70 to 72. right now t

we have fox business's own charlie gasparino, and jack hough of "barron's" and dominic tavella, diversified financial consultants. thanks for joining us. is he responding to public opinion and does it matter? maybe that is what it took and that's what it takes. >> what is he doing different? melissa: four hundred airstrikes in syria, that's a big deal. >> maybe. we'll see how limited they are or expansive they are. i'm hesitant to think that president obama, left of his party. left-wing base and he was a elected essentially, we should point out, not involving us in foreign wars. melissa: thanks have changed. 77% think that isis is planning an attack. >> i went to school in missouri. the "show me" state. he will have to show me for to believe that because he has been so late off the dime on this thing. melissa: go ahead. >> talked about the cornerstone of his administration, right? his cornerstone been great speech and inaction, if we don't count playing golf. crisis in egypt, nothing. crisis in libya, nothing. crisis in syria, nothing. crisis israel, nothing. ukraine, nothing. melissa: turn

so you could be a fifth generation kilt-wearing, haggis-eating whiskey barron born in a castle but you don't get to vote. you could be temporarily posted in edinburgh and you can vote. 16-year-olds can vote. that was presumably the scottish national party believing that they would be bravehearts all saying yes, we want our independence. turns out the really young people are tending towards no. lots of promises are being made about a sort of socialist utopia if scotland goes its own way, but a lot of the naysayers are saying there's no information about how this will all work. the bottom line, a lot of this is driven by emotion. and here's what some scots we spoke to on the street today had to say. >> there's too much uncertainty. alex simon hasn't given this proper reasoning. it's all promises and no substance. >> historical things and i think it's about as a team we all pull together. >> we should definitely take orders because we don't get many chances to do things like this, for freedom. >> reporter: now britain's banks have sent millions of bank notes to scotland just in case there

my name is ann barron. i'm the director within the national cyber security and communications integration center, also known as nccic. we respond to major incidents, analyze threats and share critical cyber security information with trusted partners around the world. this is a 24/7 operation center and receives and analyzes hundreds of incidents reports a day. we work with public and private sector partner organizations and are committed to the protection of privacy and civil liberties for all americans. we strive for a safer, stronger internet for all americans, established in 2003, we focused on securing us federal systems and networks. dhs's cyber security capabilities have grown since the establishment. we are working more closely than ever with partners across public and private sectors to develop a comprehensive picture of malicious active a. cyber security is a shared responsibility and a continuous process. our focus is helping our partners build a resilient and secure system in cyberspace. protecti

this year in the article in barron's i see your comments on stapa stapals, more hated than hewlett. people see think business model going away. talk to us about staples and why you believe that's going to be such a big stock and maybe what your price target is going forward? >> yeah. well, staples issue is that the mode with which we're buying everything, including office supplies, is switching to online and delivery. and staples has this wonderful business-to-business delivery franchise. but their stuck with all of these retail stores all over the country. that where the footprints are too big, and the sales are shrinking. now, part of that shrink in sales has been in the technology area. it's been in pcs and printers, where there's been general malaise, as people have switched to the, to the tablets and more mobile devices. but because it's tricky in -- in downsizing your retail footprint, since you have to wait for leases to expire. you have real estate issues to deal with, they haven't been able to grow their earnings in spite of the fact that the delivery side of the business h

"barron's" says had a great article on think. that stock, if economic conditions are good, could move up 80% next three years. liz: you wouldn't buy it at the high. david: robert, talk about another stock. everybody is saying everything is overvalued right now, you can't buy a bargain. lincoln financial is interesting. trading eight times forward earnings yet it is a solid company. it does seem cheap, doesn't it? >> i mean i completely agree with your other guest. the financial sector in general is very undervalued right now and lincoln in particular at eight times earnings hard to say that is expensive, david. the stock right now is yielding 1.1%, not a great dividend payer but value is in their annuity business. a third of their business is variable annuities, fixed index annuities. what we're seeing with lincoln as price goes up the prices on rider and asset management fees is increasing. they have totally overhauled the business. you're seeing much less risk put into the business. at $15 billion market cap they make a great a

wealthy interests have been influential when you think about the carnegie, the rockefellers, the other barrons of 100 years ago. they were very influential and in some cases dictated public policy. after watergate we made a serious effort to clean up the political process. there were caps on spending. people had to disclose the sources of their contributions, but over the last 3 years, there have been gaping loopholes in these rules. so now we've essentially returned to the pre-watergate era of big money and great secrecy. and this is also taking place at a time when with news media are much weaker. so the oversight organizations are having a difficult time keeping track of all the money. >> you write there are of course the ideological splits that you were just referring to earlier. but you also find interestingly a lot of places where it looks as though the super wealthy as a group are sort of coherent, cohere and have different views than the majority of many americans. >> we certainly have liberal billionaires, conservative billionaires and even libertarian one, but the one issue that unit

barron. >> renee. >> thaddeus. >> diane. >> maurice bentsen to. >> scott d. >> carlton w.ne s. >> anthony. >> lauren ira and black. >> marie panicles. >> called john. >> ernest. >> and my husband port authority police officer wellington stuart that's all come together as a country to pray for our leaders to mike that would grant them wisdom, knowledge, understanding and directing them on moving this country forward. thank you. >> and my wife. no day shall a racer from the memory. maria a. baird. >> debbie as bellicose. >> oliver bennett. >> margaret l. benson. >> domenic j. >> and james patrick. >> stephen howard and. >> john t. bergen. >> daniel david bernstein. >> andrew berkeley. >> david w. bernard. >> bernstein. >> david m. >> david shelby. >> and joseph john. >> william reid. >> edward frank be a bad. >> paul microbes. >> maria. >> peter alexander. >> paul vincent. >> my uncle. we all miss you terribly. >> and my brother james joseph kelly. >> josh with david. >> george john warship. >> chris rumsfeld. >> donald. >> crest of sir joseph blackwell . >> susan blair. >>

i began my career as a first amendment lawyer representing "the wall street journal," the barron's and the daily news. i argued famous first amendment cases. so i practice law. and it's my first love. >> so you can go home again? >> i can. people can go home. >> thanks very much for joining us. >> thank you. >> don't leave yet. >>> up next, how does a threat by isis -- how big of a threat does it really pose inside the united states? i'll speak with the u.s. homeland security secretary jay johnson. there he is. he's standing by live in "the situation room." we have a lot to discuss. >>> and police issue a wanted poster in connection with the disappearance of a university of virginia student. ♪ [ female announcer ] we love our smartphones. and now telcos using hp big data solutions are feeling the love, too. by offering things like on-the-spot data upgrades -- an idea that reduced overcharge complaints by 98%. no matter how fast your business needs to adapt, if hp big data solutions can keep wireless customers smiling, imagine what they can do for yours. make it matter. i have $40,ney d

there are articles in barron's about yahoo! being a better way to play.ink that probably makes sense though a few analysts did downgrade yahoo! today. >> sure. david seaburg, as head of sales and trading, let me ask you about the dissatisfaction that there is in the market, the dissatisfaction from those people that didn't get an allocation from any of the houses that only got a small fraction of what they wanted and perhaps, david, dissatisfaction amongst the bankers they have to share the spoils of what was a huge ipo. >> right. yeah, no, i understand, as far as dissatisfaction really, i mean, if you're a guy that wanted to build a bigs position in the stock and get a smaller allocation, if you look at way it traded friday, really sold their positions. it was too dpift to ifficult to at 98 when you didn't get enough at 687 those that own this long term, decent allocations at 68 they can buy at 93 and the sweet pot of 80, 85, where the average will be, people, institutions are comfortable with that. so when i look at it and say there's a period right now

john barron. >> the nato summit is absolutely right to stress the importance of strong defense, but given recent critical reports from the nao and the public accounts committee and very disappointing reserve cutement figures creating the -- recruitment figures creating the risk of capability gaps and false economies, has the time not come for the prime minister to reconsider the government's army reforms? >> the short answer to that is, no, i don't think it would be right to the reconsider the reforms. over the last year 3,200 people joined the army reserve. i'm confident that we are now going to see some good recruitment figures to the army reserve. but it is a major change that we're putting in place. the bigger point i'd make to my honorable friend is when we consider the sorts of things we are contemplating doing whether it is helping the nigerian people, whether it is what we did in libya, whether it's the sorts of things we're doing in iraq, what we need more of is intelligence, surveillance, special forces, mobility, assets of equipment that can be used with partners, the most mode

miss ann barron is the director of the u.s. computer emergency readiness team at the department of homeland security, here after probably called sert. pursue art to rules, all members are to be sworn. please all rise, raise your right hand to take the oath. do you swear the testimony you are about to give today will be the truth, the whole truth and nothing but the truth? let the record reflect that all witnesses answers in the affirmative. in order to allow time for your panel and then what i suspect will be a robust series of quos, i would ask that you limit your opening statement to five minutes. although, your entire statements will be placed in the record. without my talking point, it's really hard. police continue. >> thank you. chairman issa, thank you. i am pleased to be here as you examine the implementation of patient protection and affordable care act. as you know, the act requires the establishment of a health insurance marketplace in each state to assist consumers and small businesses in comparing, selecting and en

if you look at the cover of "barron's," there is a lot to be made of this being a secular unemploymenthaven't seen in some time. >> speaking of which, we get the jobs number. i'm surprised you're thinking more about the ecb? >> i think the jobs, look, they were expecting 225,000, right? that would be seven or eight months in a row of plus 200,000, but the problem always is the quality of those jobs. we're creating more temporary jobs than we are well-paying, full-time, solid jobs, and i think that continues to be some of the confusion that that good job number creates, right? >> bottom line, what are you telling clients to do right here? >> we've been overweight cash for a while, but we've been trying to find opportunities where we can. so, something that a lot of people don't have is foreign bonds. so, we've been adding to, as more and more emerging markets, total return, that gives you about a 5% yield and that's why so far this year, it's been up about 6%. so, that's a good place to hide out. >> find some income. >> yeah, find some income and a little bit of value. >> we had a stron

kevin barron is following all of these issues as the executive editor of "defense one."hank you for being with us. explain why these cuts are required. it is the budget control act. has to live up to that law. for theat does it mean pentagon, enlisted personnel, and u.s. defense? a couple of things. now the administration has something to .2. but when they say that there is a political battle over how much defense spending needs to be, out there they want major increases? the control act and sequestration penalty caps that need to be removed if you want to have any type of significant increase in defense spending. the piece this morning published by "the new york times," regarding the threats we are facing in isis, north korea, the middle east and with vladimir putin. does this tie the hands of the president when dealing with these issues? the pentagon says no. that they have a couple of tools for 2014, that they have enough flexibility to meet what has been added to their plate. with sites in iraq, with whatever they need to do in the ukraine. calledey have what is the

jeffrey martin barron of virginia to be a member. mr. reid: there is a cloture motion at the desk. i would ask the president to order it reported. the presiding officer: the clerk will report. the clerk: cloture motion. we, the undersigned senators, in accordance with the provisions of rule 22 of the standing rules of the senate, hereby move to bring to a close the debate on the nomination of jeffrey martin barron of virginia to be a member of the nuclear regulatory commission, signed by 17 senators as follows. mr. reid: i ask the reading of the names not be necessary. the presiding officer: without objection. mr. reid: i ask consent the mandatory quorum related to rule 22 be waived. the presiding officer: without objection. mr. reid: i now ask unanimous consent to move to proceed to legislative session. the presiding officer: is there objection? without objection. mr. reid: i now, madam president, move to proceed to calendar number 1004. the presiding officer: the question is on the motion to proceed. all those in favor say aye. all those opposed say nay. the ayes appear to have i

john barron. >> foreign secretary, following on your last answer ecological consequence, which i think the pentagon believes, is that one has to take the isis in syria if one is going to destroy it. do you accept that there is a much higher risk integrating military from the west point of you in syria than the more limited objective of driving isis out of northern iraq, if only because of a syrian air defenses? it is such a fast-moving, fluid situation in syria that you're never going to sure is going to take the extremists place. they lurk in the shadows and have morphed into greece other extremists as well. what is your assessment? >> yes, i agree with it. while the strategists always talk about the need to look at the single theater, because isil sees it as a single theater, the legal, military, practical, technical and cultural differences between iraq and syria are very significant. we are dealing with very different situations in the queue. >> and i move us onto the coalition of the willing? quite rightly, in london and washington's view, we need a regional coalition to take on t