in december ben bernanke was named "time" magazine's person of year.hree million bond buying later the economy is growing. the housing market is recovering and the fed is winding down its stim u luz. it has had unintended consequences. by keeping interest rates lou ben bernanke's inscro vasion fuelled rallies and stocks, worse nipping the divide -- worsening the divide between the have and there not. the top americans captured 95% of income gains. >> it was not working the way it had been anticipated. it's a policy that seems to be disproportionately benefitting wall street and not leaving a lot of knock-on benefit to main street. >> it's left to ben bernanke's successor to deal with the legacy of qe: as he hands over the keys few dispute the place ben bernanke earnt in history. >> he prevent the great recession tonning into a second great depression. that's the biggest thing. >> well, the u.s. public is divided in its opinion of ben bernanke has he leaves office. 47% of americans approve of the way he handled himself. not as good as alan greenspan wit

i, unlike you charlie, ben and degan, i'm optimistic. i'm an optimist. >> ben made a good point efore, warren buffett doesn't short stocks. >> last word to you, ben. >> they should not have taken a sledgehammer to the previously existing plan and smashed it up. they should have just done changes around the edges. >> absolutely. i think that's what we should have done. >> you may call me a pessimist, but i'm not going to hold my nose to my shoe -- >> what happens when you hold your nose for five years? >> let's leave it there. >>> it looks like they are running up the minimum wage, that could be all the rage in 2014, but will it send job creators and workers running for cover? suzy." keep it here on the fox choose channel. >>> ready, set, hike! 13 states raising a minimum wage to start the new year. this coming with several others already considering increases. charlie, this is not necessarily a good thing for the job market. >> i would say this, i'm a union guy, i believe in collective bargning and believe unions should bargain with comp

i, unlike you charlie, ben and degan, i'm optimistic. i'm an optimist. >> ben made a good point before, warren buffett doesn't short stocks. >> last word to you, ben. >> they should not have taken a sledgehammer to the previously existing plan and smashed it up. they should have just done changes around the edges. >> absolutely. i think that's what we should have done. >> you may call me a pessimist, but i'm not going to hold my nose to my shoe -- >> what happens when you hold your nose for five years? >> let's leave it there. >>> it looks like they are running up the minimum wage, that could be all the rage in 2014, but will it send job creators and workers running for cover? suffering from the flu is a really big deal. with aches, fever and chills- there's no such thing as a little flu. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so call your doctor right away. tamiflu treats the flu in people 2 weeks and olde

ben bernanke mentioned that.ou are also seeing economists .ick it up a bit it could be a speed bump if we keep it happening long enough so the regular home buyer can come in. have seen banks like jpmorgan chase loosen credit standards for regular homeowners to make mortgages more accessible. if that works and that boosts how may people can get mortgages, then you really have -- >> just how short are our memories, just how stupid are we? >> i think a lot of people did learn a lesson in 2008. we still have a substantial met -- substantial number of people who are under mortgage. real estate doesn't always go up. we actually believe that it was part of the national mantra for many years. problem. necessarily a it is a reality that is holding back the housing market. >> hold that thought. act in a few. it is 26 minutes past the hour. it is time for bloomberg on the markets. you will in fact see a mixed picture. slightly better for the dow. a record year for stocks. the dow is closing 20 six percent predict s&p closin

we are talking about ben bernanke's legacy.peter cook said just moments ago made me wonder, the commitment to open communication ben bernanke brought to the fed is something janet yellen shares. he was talking about lawmakers and how they view the fed. have they created an opening for lawmakers? or yell and has to hold regular press conferences? used to hear just twice a year from him. >> it has been a work in progress with the first release of what their decision was. they did not used to announce it. we have gone to the point we have had press conferences and there is a good chance they go to a press conference at every meeting. so much communication now. a work in progress to work out exactly what is important with all that comes out. you talk to fed people and they say they feel better about it. they're not hiding anything from the public. it is not mysterious. we may have different opinions, but at least you know what their feelings are and opinions are. did -- it is not a group of powerful people pulling spring that are n

ben, what do you make of all this? >> i don't think admiral mullen has any training in economics whatsoever. that's one. he's trained in land and building acre carriers than commanding them, not in economics. two, there has never been an example in the entire history of mankind of a large civilization fa went under because of its debt be close excessive. three if the debt is one solutit to spend less, pour the military force of the unitestates while not as strong as they were a few years ago, are they equal of the entire military forces of the rest of the world, and we spend as much in the u.s. with 5% of the population as the entire rest of the world. ask the al qaeda terrorists either blown up or their families blown up in yemen if they're not scared of us. we have more supersonic sps put togetherhan the world together. >> besides that. here's what i'm saying, by the way tim geithner has the background in economics. >> he's got the version you were quoti quoting. >> let me make a ounterpart. >> tim geithner is a cook

ben stiller, thank you so much. (cheers and applause) >> stephen: the secret life of walter hitty, christmas day. ben stiller, w we' we' is wells this's it for 2013, everybody, but before we g the blind buys of alabama. ♪ ♪ go tell it on the mountain ♪ ♪ over the hills and everywhere ♪ ♪ go tell it on the mountain ♪ ♪ that jessus christ is born ♪ ♪ go told it on the mountains ♪ ♪ over the hills and everywhere ♪ ♪ go tell it on the mountain ♪ ♪ that jesus christ is born ♪ ♪ while shepherds kept their watching ♪ ♪ over silent flocks by night ♪ ♪ behold throughout the heavens ♪ ♪ there shown a holy light ♪ go tell it on the mountain ♪ ♪ over the hills and everywhere ♪ ♪ go tell it on the mountain ♪ ♪ that jesus christ is born ♪ ♪ when i was a seeker ♪ i is seek both night and day ♪ ♪ i pray to let the lord to help me ♪ ♪ help me lord ♪ and he shows me the way ♪ go tell it on the mountain ♪ ♪ over the hills ♪ over the hills and everywhere ♪ ♪ go tell it on the mountain ♪ ♪ that jesus christ is born ♪ ♪ the shepherd is f

ben just said we knew it was going to be a wealth transfer, that's true. we did not know we were going to be subs diekz it as single men who is a grown adult that make $45 grand a year, somehow we would be on the hook to pay these premiums. the young people sign up, it is ludicrous they are not signing up. by the way, it will blow up a lot sooner tan social security will. this could go off in the next couple years. >> i will flip this around. i think the approach on democrats and republicans will be to let this run. you say die of its own accord. i say it will be allowed to run. it will get better, more people will sign up, more young people will sign up. >> that's the hook, i talked to a lot of the architects behind this. by the way, i admire the one was encyst i'm one of the architects behind this, it was sort of like saying, yeah, my building fell down, i'm the guy that built it. nevertheless, they are saying, look, give this time. the number and the trend is our friend. do you honestly buy that? because even assuming you get millions more to sign up, m

so i agree with ben.he president was held accountable for these things that happened in his administration. the governor should be held accountable for what he didn't know or what he did know or what he didn't have the curiosity to dig about. that's what's odd here. >> let me come to you, ben. final thoughts. does this disqualify governor christie from the nomination of 2016? >> absolutely not. i mean, it's almost laughable to me that people are acting as if this somehow should disqualify him if his staff lied him and there's no e-mail connecting him to any of this and/or a cover-up. what else do you want him to do? there are people that are using this solely for political reasons. he came out -- >> sally? >> he fired them. >> one at a time, ben. let me get an answer from sally. sally? >> ben would sure like the president to be hung out to dry for far less. on going issue. his future depends on what he knew and why didn't he find out sooner. he should have. it looks like he should have. >> i just wonder i

that's outgoing federal reserve chairman ben bernanke.e's talking about unemployment, inflation, and highly accommodative monitory policy. and even today he mentioned that he set transparency as an important priority for a the time that he served as fed chair. when he talks like that is the public meant to follow or is he talking in -- >> during the press conference it's difficult for him not to get technical because we ask him somewhat technical questions, but i think he has done a great job. his predecessor alan greenspan believed in policy by discretion, and it was sort of we're doing this because we think its best. we're not going to tell you the reasoning behind it, and ba bernanke has gone out of his way to discuss the policy. he has not use the average person's vernacular, i think he does his best to describe why the fed is doing what it's doi doing. >> in this case what does this mean? >> very low interest rates for a very long time. the fed is going to remain supportive of the economy regardless of this small retreat from the won

connell: which one of them, ben? the pulitzer prize, and dan henninger, you should win a pulitzer prize for something. >> i was part of one for the 9/11 coverage, "wall street journal." connell: editorial page editor of the journal. i felt confident in saying that even not knowing the answer. >> i'm glad i was able to give you that answer. don. connell: basically, the pregame show is going to start any minute, what might be interesting, do you think, coming out of it? and well, you know, central bank chairmen normally don't say things that are all that interesting, that kind of comes with the job. connell: even if they're on their way out? >> even if they're on their or way out. i don't think he's going to put janet yellen in a spot. what's kind of interesting is he's down there at the brookings institution, and they're opening the hutchens center, and they're having a group of academics come in today, and they're going the deliver papers on bernanke's tenure which is to say what he did, quantitative easing, i think,

that's a problem. >> that's a bit unfair, ben.eleprompter last week there wasn't racist or racial humor. what she asked was can someone caption the picture. we're beginning with the premises that was a bad idea but let's not say she went into the segment with the mindset of saying something offensive. once it starred people said things that were inappropriate and hurt feelings and she acknowledged it and apologized and there's absolutely no reason to think she was insincere or she was anything less than contrite. the question you were asked was this enough. the question you haven't answered. do you think it was enough? >> i think -- >> let me ask you this. do you think she should have been fired? >> i think there certainly should have been a leave of absence for some time at a bare minimum and i think the reality is this picture, the only reason why it was used, last week on screen, was to make fun of a white family that had adopted an african-american child. that was the whole premise of putting the picture up was that there was

there are those who the judgment is out on ben bernanke. did he expose the fed to greater risk by those actions? what is your response? the greater risk would have been not doing it. the greater risk would have been allowing be economy to be even weaker, allowing the unemployment rate to run higher thelonger and allowing potential economy to be hurt by the high unemployment. the main risk the economy has faced over the last six or eight years since the crisis began was the risk of weakness and he fought against that. his commentsed in that there could be adverse effects on some parts of the financial system. the fed is monitoring that closely. they have new tools to deal with have deployed the powers they've gotten under dodd frank to strengthen the banking system and they are doing that. it would be foolish to say there are no risks or potential downsides out there, but looking at the choices that had to be made and the risk on the economy and financial side that the fed has done what it needed to do to come to the best possible outcome in

big burly ben, host of "the ben ferguson show." always a delight. and let's start with you, carl lewis. what do you think as an athlete, who has been at the very, very top of your game for a very long time. when you saw richard sherman go off like that, did you empathize? did you understand what he was doing? >> well, you know, it's really interesting. because people are quick to judge and they don't know the back story. so obviously, there was something between he and crabtree that went back a while. number one. number two, this is a very intelligent, articulate guy who does a lot of things and understands what he's doing. i've been in that situation where you make a play like that for the super bowl. the super bowl is something you only have one shot at. and understanding the olympics, i get it. so the emotion of that moment i think overtook him. and i think it was emotion. >> yeah, completely agree. let's move quickly carl, to the very reason we've got you on tonight. chris christie still engulfed in this bridgegate scandal, and you were loosely

i have a few final words for ben bernanke.r your service and i am sure there are many more to come. we at the american economic association have our own unique award. paul sampson was remarked that for the true scholar, the only coin worth having is the applause of one's peers. so, can we offer you some pplause? national captioning institute] national able satellite corp. 2014] >> today on c-span your calls live on "washington journal." followed by the university of akron state of the parties conference. the first panel discusses national party nominations, political scandals and combacks. then the history and future of the tea party and impact on the republican party. and later today our series of first ladies looks at abigail adams. >> coming up in just a moment on "washington journal," your calls and today's headlines. then west wing reporter looks at president obama's relationship with the press and his goals for 2014. followed by george washington law school, how the u.s. determines whether those illegal criminals will be

. >> bill wyman and ben mankowitz will join me. a. >> a new year means a fresh start in culture and it looks like a blockbuster for films. >> every day i wake up knowing that the more people i try to save, the more enemies i will make. and it's just a matter of time. before i face those with more power than i can overcome. >> the amazing spiderman 2 is one of several big sequels on the way. and let's get the low down on all things culture from bill wyman, and ben mankowitz, host on turner classic movies and the film review online, what the flick. bill, spiderman 2 just one of a host of sequels open the way. what have we -- on the way. just a trend of these total franchises seems to be a bigger and bigger deal in hollywood. >> thanks for having me antonio. as usual it's a tsunami of sequels that we will be seeing. start coming up with the list, i gave up after hitting 25 or so. major sequels, these are major sequels not just crappy horror films. in 2013, we've got the seventh fast and furious, gets to be a ridiculous number, second

and then ben sank into unconsciousness. his eyes were almost closed, their gray flicker was dull, coated with a sheen of insensibility and death. he lay quietly upon his back, very straight, without sign of pain and with a curious, upturned thrust of his sharp, thin face, his mouth was firmly shut. wolfe stayed with ben that night fervently praying even though he did not believe in god or prayer. whoever you are, be good to ben tonight. show him the way. whoever you are, be good to ben tonight, show him the way. he lost count of the minutes, the hours. he heard only the feeble rattle of dying breath and his wild prayer. wolfe fell asleep then woke suddenly, calling his family with the certain knowledge the end was nigh. the body appeared to grow rigid before them. then in a last gasp, ben drew upon the air in a long and powerful respiration. his gray eyes opened, filled with a terrible vision of all life in the one moment, he seemed to rise forward bodily from his pillows without support, aflame, alight, aglory. and so, wol

well, ben, good question for you.s that obama is at least supporting her because the whole machine that supported him now seems to be lining up behind her. >> sure. >> the magazine cover may be creepy, pick your adjective, but it's not meant to be, correct? >> but, no, and trust me, joe biden would love to be talked about today as being the creepy guy on the cover of "the new york times" magazine. trust me, he would be more than happy if we were talking about his creepy cover today. >> good point. >> if you read the article, it was a glowing review, almost as if it was written by a press secretary on behalf of his own candidate in this article about hillary clinton. yes, she is the presumptive nominee in theory but, remember, she was in this exact same place when there was a guy named barack obama, kind of charismatic, he made some waves and then all of a sudden what happened? i mean, she lost it to him. so i'm not surprised at all that barack obama supporters are going to go ahead and pick her early on. one, because

>> what's up, ben? how are you doing? >> oh. wow. >> this is like the best day of my life right now. >> well, next to having our children. >> well, yes. >> well, put. >> we are tackling this on all fronts. we have our contractor here, our designer, and taking care of the landscaping are our guys. ready to start? >> absolutely. >> important to protect your eyes, ears and lungs, so we have 3-m gear here, everything we need to turn an unlivable old garage into a play room and office. you start taking care of the landscaping, and we will meet in the middle. >> all right. let's go. >> so much stuff in there. >> aahh! i am getting my work out, joe. >> i would have picked that one up, but i didn't want to show off. [laughter] >> now are we going to rip out all this brick and throw it away or refurbish it? >> we are going to reuse it. we are going to power wash it and use it. you can't get this brick anymore. >> this is a simple thing that will help anybody when building. you can see where to shoot your nail. you can fill it in easy eno

well in the "crossfire" tonight, democratic senator ben carton. since you're the guest host i'll let you go first. >> senator, aren't we getting mixed messages from the democrats? on the one hand we say the economy is coming back, the white house when the jobs numbers came in last week, touting all these good numbers. then on the other hand you say we have to spend a lot of money on unemployment benefits. which is it? >> we've made progress. we've created 2 million jobs in 2013 over the last four years, 8 million jobs have been created. we're moving in the right direction, but we have to do a lot more. people can still not find employment. we need to create more job, more job opportunities. extending unemployment should be the first thing we do. isn't it? should have been a no-brainer. that continues to help families that are suffering where people are looking for work. what the republicans are suggesting is, okay, we'll extend it, but we want to offset the cost. that just takes money out of the economy when you're trying to build jobs. doesn't re

as we deal with those issues, i'm confident a little more than ben because ben has been around so much longer than me. [laughter] i have not learned how to be as cynical. i'm confident we will arise out of the dust as we continue to organize. candidates will merge, and who knows they might just be in this room. [applause] >> the only thing i would add is one of the things harrold washington did say is not the man it's the plan. and it is about what is our agenda? how do we lift up the issues? it's true we can't wait for the one person that save us and rescue us. it doesn't work that way. what happens when a man is no longer here and the movement. right. what are we left in terms of what we've actually still got. i think for us we have a political organization where we're committed to elected who come from our base of folks who don't jump in just because they see an opportunity. but at the fight long before an election came around. i think that how do we actually create a space that for real independent politics in the city. because it's clear that the democrats in chicago, chicago demo

mark, ben, appreciate you guys.r joining. >>> chances are you have an invisible passenger keeping tabs on you while you're driving. most don't even know it's there. it's collective personal data without the ability to control it. we'll talk about it straight ahead. >>> i have to apologize to our political kmcommentators. i said good-bye but we have more heated discussion. let's head to capitol hill. we have all heard people say that congress is out of touch. how many times have we talked about that? now we may actually know why. for the first time ever, more than half of all members are millionaires. we're talking 268 house members worth more than a million bucks according to to this new analysis according to the center for responsive politics. daryl iss a is worth $464 pl. the bottom net worth is $12 million in the hole for farm loans. first off, that's a lot of money in farm loans. he's new too. >> that's a lot of land right there. >> he has time to make money though. he's brand new. first half, we found out at th

go on ben. >> they will give us eight where episodes. how much telephone has come, true detective this hbo series has matthew m cconahegh ais likely to get an award for dallas buyers club. and the return of two other fx shows, phenomenal and needs to be recognized by the emmys, the golden globes everybody. >> there's a big change in late night, jay leno stepping down against his will, jimmy fallon taking his place. late night will be different. >> it sure will. i have a lot of respect for david letterman. that guy has kept true to his quirky genius. he's making fun of the jimmies that are making railway around him. his mother is asking which jimmy are you. the ratings are going down year after year, they're doing what they can. but we may be getting to the point where the late night broadcast tv the genius is over. >> i'm not sure these changes matter at all in the big picture. these networks clearly try to get younger and jimmy fallon and jimmy kimmel, i sat in to kind of guest lecture, that makes me sound more important than i am, jour

>> i am glad to hear ben say that.fan of gravity it's a beautiful breathtaking cinematic experience. the odds, it is early, the reason it's early is the odds come out based on all the other awards that we see over the next two months before the oscars. they give us a lot of read this goes to the academy voters and we haven't seen really any of them except for the s.a.g. awards which have been fishy of late and wolf of wall street is just beginning to get reviewed so things are fluid. 12 years a slave, that's a move that i oscar should really like. i think gravity is pretty much the movie experience of the year. so i am rooting for that as well. >> best actor and actress, do you agree with ben on actor? >> boy, that is an unforgettable massive titanic performance in that movie 12 years a slave. and it was a difficult role in so many ways, bruce dern i am a fan of him and he's a guy who after his career and his amazing life, he deserves a shot by the academy as well. >> actress, ben? >> actress, i think is, you know, and

are actually moving the market including the ben bernanke.w jones industrial average. the important thing is charles mroser came out earlier, dropped about 50 points earlier in the day. gave a speech where he noted the fed must be prepared for a rapid tightening campaign if needed. markets moved down on that pplosser is a hawk but a voting member of the fed voting committee. let's talk about what's going on here. we've had a santa claus rally. a tendency for the last five trading days of the year and first two of the new year that's today, are up. if we end right here s&p will be up 0.5% in that trading period. historically we have moved up 1.5%, so we are seeing a gain but it is a little less than expected. the next little january barometer -- there are several that are around here -- is the first five-daye day warning here. that says when we've had a market up in the first five trading days of the year, we've logged gains in the full year, 84% of the time. guys, back to you. >> it looks like they're running a rather irreverent video to ben

this is the last meeting for ben bernanke as fed chief. as we count you down to the bulk of this market, it's not really in a great mood. as its worst point today, the dow was down 174 points. we have recovered quite a bit of that. we are down about 140 right now. the spike started at about 10:00 a.m. or so. the biotech index once again in focus. the top performer today, it's up some 50% for the year and we will follow that in just a few moments. more on that coming up. three sectors have been holding above the break-even point all day. those are the materials, energy and utilities sectors ahead of the fed. also, let's check the dollar versus the euro. right now the dollar, it's been a very interesting session. against the euro, you can see the move there. still a big short squeeze again the yen today. that's why you see that relationship between the dollar yen. there's the pound and also, we put the turkish lira up of course because it is very much in focus. all right. let's bring in bob pisani as we look at the ten-year note. 2.71% on th

bob bauer, ben ginsburg, you guys navigated some of the trick kwa -- tricky things. and photo i.d.ght? >> i don't know if we punted anything. >> fair enough. >> i think we took on the charge given, and we tried to provide really data-based solutions that could affect the voting experience. >> can i welcome zachary -- >> i was going to say, you have a new title. you're a grandfather. >> the best title in the world. >> there it is. congratulations. >> better than co-chairman. >> a grandson, so the ginsburg lives on. >> and i had a grandson first, samuel, and ben's trying to be very competitive. >> he is. >> he's a role model to us younger guys. >> nor hair for mr. ginsburg. my producer is getting so mad at me. we're running out of time. with the state of the union days away, my takeaway is next and what the president faces. we want to hear from you. tell us how you'd finish this season. the state of the union is -- and then share it with us. here's mine. we'll be right back. first, white house soup of the day. chicken tortilla. [ coughs, sneezes ] i have a big meeting when we land, b

and we have today with us ben latimer from tvan. thank you for joining us. >> thank you. >> we'll talk about things you can do you don't have to be a professional contractor to make your home more livable after an earthquake. >> i want to talk about things a homeowner can do. we have comfort and we have things like a little bit of maybe safety if your front door is ajar and waterproofing if you have a leak in your roof, or if you have broken glass on the window. >> so unr, one of the most important fib use is keeping outside out and inside in. let's look at windows. >> let's assume this window is broken in the earthquake. we have wind and rain blowing in. one of the most important things you need to do as a homeowner is secure the plastic properly. if you just take staples or nails and put them into the plastic, we're going to get a strong wind and rip it right off. what i'm going to have somebody do is they're going to have -- this is an old piece of shingle. you might have -- everybody has a piece of wood in their basement. it doe

you know, i want to let our viewers know, keith, we're going to be hearing this q&a session from ben bernanke. so far he hasn't given us any hints at what 2014 looks like from fed policy. were you expecting to hear something today? >> no, i don't. mr. bernanke's always been a great poker player when it comes to keeping things close to his vest until he gets out in front of the public at one of his press conferences after an fomc meeting. i imagine he's going to set the stage for incoming chairwoman yellen to devise policy for 2014. i don't think he's the type of guy who doesn't want to influence things once he's out of there, so he'll sell off into the academic sunset, so to speak. cheryl: or maybe the very lucrative speaking circuit. i do want to ask you about markets for 2013. we've had a lot of analysts, we're hearing some say we need a correction, we're looking at a 10% correction, it's going to happen in the first quarter and then others tell you don't fight the tape. what do you think? >> it's very hard, and the second point it's very hard to remove yourself from the equities,

covering ben bernanke's last stand as fed chairman. top executives are coming together in frankfurt today to discuss the results. we have a look ahead. >> he has the details on the move to raise rates in turkey. it is a slow turnaround for yahoo!. are continuing to spend their money elsewhere. the ukraine is celebrating the prime minister resigning but vows to topple the president. we will look at the country's political and financial crisis. >> let's take you a little bit about what is coming up later. hans nichols will sit down with anshu jain. havee second hour, we will joe jimenez. europe's biggest drugmaker novartis -- $1.20. analysts are asked -- are expecting a little more. $2.96 billion. sales are growing by four percent which is aligned with the custom is -- the company's estimates. it is the lowest single digits rate in 2013. low to midising single digits in constant currencies as well. the dividend put forward by the 2.45.y is this is a company that is going very -- going through a transformation. es theyeathering the loss r

also in the hangout is ben. welcome to all of you. obviously, a big part of the discussion is digging into the money trail. before we do that, take us back to that day in 2010. you were in an internet cafe right before the quake hit, and you really had a near-death experience. >> yeah. it was crazy, liss sa, because we were just in the internet cafe. we were waiting for a friend, and the earth started to shake. we went into the cafe, and it fell down. we're in the middle of the street. it's like when a lot of dirt is coming out and we felt like we were the only person that survived for like 30 seconds. after we heard all the people screaming "save us" and everything, it's really in a zombie movie. every face was blank, and everything -- i don't really like to talk about it. it was a very, very bad experience. >> how long after you left the cafe did it collapse in front of your eyes? >> we just got out, and it fell down. about 15 people died inside. >> oh, my goodness. >> sadly, you lost your grandfather that day. we actually have a ph

is ben and jerry's cashing in on pot in colorado? president obama prepared to battle congress next week. thanks for watching. a strong winter storm is near winter conditions is slamming the east coast. more than 90 million people between the midwest and new england are in the path. bill karins is here with the latest on that and richard lui is in boston. bill, this is a bit of a double whammy. you have snow and cold temperatures. >> the cold temperatures is the story. now we have to deal with the storm. last night, we didn't have to deal with the shoveling. that's the case this morning as you try to get to work. the roads, hopefully, have been plowedover night and will continue this morning. the worst of the heavy snow is over long island. cape cod and boston, it's beginning to improve areas from d.c. to baltimore and philadelphia and new york city. now, the problem is, we haven't had a storm like this in so long, you go outside to clear the car in the driveway with negative 25 windchills. negative five in new york city, 11 in new ha

here in washington, ben chan at the national security council under presidents bush and obama. it's a 7 ario vice president of communications at the albright stonebridge group in binchang. thef president laid out his philosophy of surveillance and drilled down into the specific proposals but it was a straddle all the way. did he get the balance right? >> i think one of the things he attempted to do was, in a word, borrowed from another policy on rebalance about documents. national security in this country. what i was hoping for was a glimmer of educator in chief. it was a chance to talk about why these programs exist, how they evolved within a certain window and why they are necessary for our national security moving forward and to leve that both individually as president and in bavp with various parties including congress and the business and tech community. >> raney wrightman, did he get it right? >> so i, you know, i don't want to say that obama didn't do good things. obama did make a number of reforms that i think are particularly powerful i think that he did do a number of

with ben wise and he's director of the a.c.l.u. speech privacy and technology project he's been the key adviser to the n.s.a. leaker edward snowden ben what's his current state of mind later we'll have a debate about all of this too what's the current state of mind of mr snowden oh you know his morale is pretty good. he is so grateful for the support that he's received recently from some of the world's leading newspapers including the new york times that called for him to be treated leniently to be given clemency but even more than that he's grateful for the global debate at his disclosures have set off and that open courts are reviewing the programs that he revealed and now congress is considering historic legislation even the president's own advisers are telling him that the n.s.a. has gotten out of control and needs to be reined in that was what hope to accomplish and that's what he has accomplished so that's what he meant when he said his mission has been accomplished. yeah i don't think that he meant the mission accomplished t

we've already come this far with ben bernanke's experiment. with janet yellen. >> jimmy on necessary book wrote in, jimmy henderson yes, for continuity, stability, predictability. david: there you go. top three things to watch on monday, for the whole week, number three the is december ism non-manufacturing index set to be released on monday 10 i'm eastern. the reading is expected to rise a little to 554.5 from 453.9 in november. >> number two thing to watch, december jobs report from the labor department. oh, that is always fun. set to be released friday 8:30 a.m. eastern time. economists expect non-farm payrolls to rise by 100,000. down from november's gain of03,000. david: number one thing to watch, will senate final vote on janet yellen to succeed ben bernanke as federal reserve chair. the senate expected to vote 5:30 p.m. eastern on monday. ben bernanke will step down on january 301st. interesting she is losing votes. probably get all the democratic votes so she will pass. may not get as many as she thought. >> big thing on monday. meliss

what will ben bernanke's legacy look like? joining me is the chief economist, chief economics correspondent for the wall street journal, good to see you. ben bernanke's approval rating 40% compared to alan greenspan when he left, 65%. clearly more popular when he left the chairmanship, what does it say about ben bernanke and his legacy. >> i don't think it says anything. look what happened to alan greenspan's legacy four or five years later. here is what it tells you, what matters is what comes next. alan greenspan was called the maestro, navigating the american economy brilliantly and then we had a financial crisis and it hurt his reputation, lasting into the history books. what matters now is is the economy going to pick up? is there going to be another financial bubble? if bad things happen that reflect on ben bernanke's legacy. if we get out as the fed is expecting, if inflation doesn't take off he will end up finishing strong. lori: a personal question and you can say no way. what is your legacy? is next for you? have bee

when ben leave, buddy leaves.l that buddy was ben's dog because he was right there with him and he listens to him real well. ben is definitely the master. >> the night of the fire, buddy is right beside ben who's working on his car in the shed when gasoline ignites. the blaze leaves ben with first and second-degree burns. >> one of my parts had fallen into the tank of gas and splashed up on my heater and ignited catching me on fire. i ran outside in the snow. told buddy we need to go find help. >> buddy obeys, that's when he runs to the road and meets up with trooper shanigan. >> i am very proud for what my dog did leading the state trooper to our house and by doing so, he saved our house. >> but buddy isn't finished. he runs back out to the road again. >> i had a firefighter that had come to up to me during the whole episode and told me they had followed a german shepherd in from the same general location that i had met the dog. the dog led two different people in to the same location doing almost the very same t

government to government aid, ben says, never gets to the victims. gabe says you might as well flush the money down the toilets, the people don't get it. mary says put the money directly in the hands of the people who need it. the same haitians who were fighting over a bowl of rice, were fighting over a bag of rice on the 13th. do you agree that the aid has actually divided haitians? >> just to show haiti is bad, to be honest with you, most people don't to to haiti to look for good news. they just go to haiti just to talk bad about our country, which is the first black country in the world. i don't have any trouble with my government, access is government more than government in the past. the problem is if anybody would like to bring haiti, they must do the haitian people, people in haiti don't have any skill. when you don't care for the people, you don't know their feelings. you don't know what they really want to do. haitian people they don't really have a dream. to be honest with you they do have it but they don't have any opportunity to access th

ben, let me ask you this.your point there, and certainly if he's directly involved with it, it's not the same as if he created a can you at your, even though that's bad. let me ask you about this, though. there is legal grounds for this. you can't just be sort of, you know, willfully ignorant. in fact, it's called what i think -- willful blindness, where this could actually be a problem for christie. >> but here's the thing. he wasn't willfully looking the other way. could you tell by his actions. look at this politically. does chris christie want to lose his right-hand man, as important as everyone is now making out that these people around him were? obviously, it would be bad for his future to get rid of people he trusts close to him. unless they betrayed his trust. so if you look at his actions, he got rid of people he trusted. that's not good for him long-term, politically. the traffic wasn't good for him. that's why i don't believe he knew about it of the he had two bad apples, fired those bad apples. it'