but as ben said at the outset, bin ginsburg andtben ginsberg and i i do not think have ever voted the same weight. >> before as he puts it, he matured. we just fight each other all the time. i cannot thank him enough. we were able to acknowledge the agreement. keeping in mind the sanders that guided the report and had the extraordinary support of the commission, i think we were able to get something done. with that, we will open it up. >> we will open it up for questions and discussion. lex the election officials will read and take to heart and implement and where necessary some of these things may involve legislative change. i was wondering if there may be any outreach to county legislators for the implementation of some of these recommendations and what form that outreach would take. >> in general, everyone on the commission, we want to become evangelists for this project. we did go meet. that is our goal going forward. to go to the same group's that are decision-makers. we would love to be on the agenda to talk about that. on the respective states, we want to engage local legislati

ben said, all these women out there who are leaders, there is this superpower that has enabled them to do amazing things. they are all different. i thought that was an amazing insight. when i tell you and implore yo

but as ben said at the outset, bin ginsburg and i, i don't know if we've ever voted the same way. before you sort of turned to the dark side, you may have -- before, as he puts it, he matured. [laughter] what we are going to go off and fight each other more now. it is what we do. we are going to be fighting continuously. but i cannot thank them enough, acknowledge the agreement. but keeping in mind the standards that guided the report and had the extraordinary support of the commission, i think we were able to get something done. with that, we will open it up for discussions, bringing together stakeholders, and we cannot thank them enough. so with that, we will open it up? >> we are going to open it up for questions and discussion. >> we were talking about having recommendations that we hope the election officials will read and take to heart and implement and where necessary, some of these things may involve legislative change. i was wondering if there may be any outreach to county legislators for the implementation of some of these recommendations and what form that outreach woul

i think what ben said applies. i would highlight two other points. there is a fair number of places in the document where there is language which you could drive a truck through. for example, they can't seek out except in an emergency situation. what is an emergency situation? it is a judgment call. one of the points the president was saying about this whole thing is, we don't need to just think about the judgment of this president, we need to think of the judgment of the next president and the president after. when you have a lot of those rather loose formulations, it is a subject for worry. what would a next president do on something like that? then i think there is the other question of throwing into the many congress, and maybe i'm just influenced because i'm reading bob gates' book right now, but his character zation of the congress as the uglier it is, the closer you get the more ugly it is, certainly applies to our current situation. and the notion that this congress is going too come up with creative solutions to some of these very, very diff

ben. does that scare you? >> he said a keyword.ou're opting in to checking in at these places. you as a consumer are choosing to actually say where you are. this box, i don't have a choice with. the other thing is i don't trust the government with this information. the government may not have been able to set up a website very well, but if a private sector industry says we'd love to help you figure out how to use this box so we can buy this information about where people go with their cars, where they drive, and by the way, you'll be able to make a ton of money off these people by taxing these areas where they drive a lot, that to me is incredibly creepy and the main thing is i don't trust the government to not abuse that power or sell it to make money off of it it. someone wants to pay me to put a black box many my car for their own reasons, send me a check. we'll talk. but the government shouldn't have a right to that many my car without me making money off of it. >> adrian, you have been involved with some of the pilot programs

but as ben said at the outset, bin ginsburg and i, i don't know if we've ever voted the same way.before you sort of turned to the dark side, you may have -- before, as he puts it, he matured. [laughter] what we are going to go off and fight each other more now. it is what we do. we are going to be fighting continuously. but i cannot thank them enough, acknowledge the agreement. but keeping in mind the sanders standards -- the standards that guided the report and had the extraordinary support of the commission, i think we were able to get something done. with that, we will open it up. venue for discussions, bringing together stakeholders, and we cannot thank them enough. so with that, we will open it up? >> we are going to open it up for questions and discussion. >> we were talking about having recommendations that we hope the election officials will read and take to heart and implement and where necessary, some of these things may involve legislative change. i was wondering if there may be any outreach to county legislators for the implementation of some of these recommendations a

and ben said barack obama does not believe in the great man theory of history. he believes in the great currents of history. >> rose: oh! >> and obama said "i'm not sure i agree with ben." >> rose: (laughs) he does believe in the great man theory, in part. >> again, up to a point. in other words, he can see from his chair -- >> rose: man make history and history makes the man. >> there are things that a president or -- maybe not like a king but a president can do but it's limited. there are limitations in terms of time, in terms of opportunity. >> rose: does he feel he got cheated by the time in a sense because, one, he had this whole first year of his presidency had to be totally focused on economic recovery, number one. number two, some of the things he did produced the tea party which has produced a kind of resistance seldom seen in which people don't have a -- >> well, we do forget sometimes-- and maybe even barack obama forgets in a way that might be understandable that the opposition to bill clinton was also at times hysterical. there was a challenge not j

ben said this is a trading call. sentiment has changed on the stock.hat's going to be a driver. >> he's nailed it in the past. and he's probably nailed it again. look at the stock reaction today. i love tesla right here. even up 15%, which usually isn't my style. but i would buy first thing tomorrow morning. >> would you think tesla? >> yeah. >> there we go. >> sort of creepy. >> just appears. >> tesla. >> all right. >>> next up, boeing, under pressure after issues with a japan airline 787. warning lights signaling a problem with the battery. and smoke seen coming out from the fuselage earlier today. guy? >> first of all, that's not disastrous. but if we've learned one thing about boeing the last eight months, two years, it seems to be impervious to news like this. and had a huge move. love the story. the quarter's probably going to be fantastic. typically, as this gets closer to short earnings, it gets a little long in the tooth. i don't think you'll get the same beta in boeing being long at these levels. i think there might be better trades in the sp

remember, 2000 five, ben bernanke said we won't have a housing problem. 2005, ben bernanke said we wouldn't have a housing problem. he gets it on youtube. >> going to go down under, firefighters fighting a 45,000 hectare -- what is a hectare? a fire sparked by the extreme heat that has been leaking during over the south of the continent. and a lot of stories about the australian open and how it is affecting the tennis players. every day this week, temperatures over 100 degrees which seems odd because it is so cold here. some matches had to be suspended yesterday. winter currants have washed up enormous quantities of trash meanwhile on the beach in indonesia. an annual phenomenon during the winter does right into being a major indonesian tourist attraction in the summer. brazilhermen in gathering from copacabana beach as a lightning storm of dover rio de janeiro. powerrains causing outages. that is a cool picture. >> very cool. surveillance knowledge for you this morning, what is it, hector? it is 2.7 acres. we apologize for this on a friday morning. it's too much information. osby.n blame m

as ben said, he didn't talk about real tax reform. i want to abolish the corporate tax, get rid of it all together. y but he didn't talk about his own plan. none of that was there. makes me think this whole things going to be about redistribution and inequality and soaking the rich. >> i don't think there's any question about that. this is the new theme of the democrats and they haven't kept this a secret, that they think income redistribution is something that will attract the middle class. part of the reason is that the president has the story wrong about what happened in this country in the 1980s and 1990s. we really did have a rising tide that created a lot of millionaires and billionaires but you know, the middle class and the poor did pretty well in those decades, too. it was a period of upward income mobility, which is what we want in this country. i don't think the president really understands that concept. i think he thinks the way you lift the poor is by stealing from the rich. when has that ever worked? >> i was going to sa

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 th hook to pay these premiums. the young peopleign 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 sn 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 tt 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, millions

ben. >> he gave him a hot dog? >> yes. he said ben his buddy the fox comes for his hot dog every day. >> i love it. he's getting a hot dog. >> look what else showed up, the momma and two cubs. notice how he's inside for this one because it's a momma and two cubs. >> it's a whole preserve. >> matthew chegwigged captured this at colorado. what happens when the animals would come to eat? >> one week into it the doe i called scar face walked up to the car and a week later she brought her fawns back and the fawns actually saw me being nice to their mom and the fawns warmed up to me and maybe a week after they brought back five other ones so then it just kept progressing to now i have 35. >> 35! >> 35? that's unbelievable. how did you figure out that the fox likes the hot dog? >> for some reason the fox anytime i have meat scraps i throw them outside and it just so happened one day i dropped a hot dog off the grill and he was standing right there by the door and came over and scarred edsc. >> if you are not there do you think they can t

. >> ben bernanke said the headwinds may be waning. the outgoing federal reserve chairman says the country is poised for faster growth. he pointed to financial healing in the housing market and monetary policy accommodation. " total return funds lost its title as the largest mutual fund in october. $41.1 billion last year. pulled $4.2 billion in the month of december. u.s. crude oil imports fell to the lowest level in 16 years. this is according to the energy administration. the fewest since january, 1998. the numbers are based on four- week averages. those are some top headlines at this hour. >> thank you. breaking news from bloomberg. liberty media corporation. they plan to make sirius xm a subsidiary of the company. the bloomberg radio provides programming to serious xm. talk about what this means. >> he is -- if he is able to bring them in, they stand to benefit from the growth. it has been doing well over the past few years. it has been trading well as well. that is on the face of it. he gets the benefit from how they are doing on

said this is great. i'm going to use this in my next election. so as ben and nate said it wouldn't be hard to mandate.he other part of this is for voters to know that these tools are out there readily accessible and not being used in your county to raise a stink to highlight maybe some of the those readers who aren't taking advantage of the resources that are out there to allocate limited resources that they do have. there is a advocate voter responsibilities well and that's another part of this. some things we mandated as a result of this but some will be through advocacy and some of these recommendations will be implemented in that way to map. >> i think it's crucial for this states through training and whatnot and not necessarily imposing one tool or another but if we are going to shoot for a 30 minute standard there's a lot of work that is going to have to be done to get there. as someone pointed out earlier today being around these places it's always the other guy that's having a problem, not the person testifying so they are the sort that sense that people will accept what they are doing is okay

. >> the position of the owners of ben and jerry who own the ice cream, i have chunky monkey, great stuff, they saidheir website during the occupy wall street demonstration, the inequality that exists between classes in our country is immoral and a few years before, ben & jerry said they would pay their executives no more than five times than their employees. they had to hire somebody else and pay them even more, so these leftists i'd say are clueless in their ideas melt. that's a bad example. bad metaphor. >> good intentions aren't enough. we have to understand how people decide. i don't have to do something productive but can take from other people they will adopt methods for doing that and that's something we need to avoid. >> well, we're not avoiding it in america and i do think it's hilarious people love the spor s s heroes. robert downey jr., $75 million he made according to "forbes." beyonce, 53 million. jennifer lawrence, 26 million. the athletes, tiger -- it's interesting, golf, tennis, basketball, basketball, football, football, golf, soccer, it's well distributed. making millions and mill

then we spent a long time trying to get some of the fears --"the sum of all fears" done and they said benffleck was interested and i said he is very young. how do we do that"? i thought we will do that and pretend we had never done a jack ryan movie before. >> so this film is not specifically based on the tom clancy book. how do you get the script together when you have run out of talks? -- when you run out of looks. >> when i made the original contract with clancy before he was a full-time writer and had a major agent, i just gave him a standing contract which gave us the character rights to the characters in the book, prequel rights, civil rights, and rights to do originals. i reminded paramount and i said check the contract, i think we can do originals. >> how many jack ryan films do you think we could continue to see? >> i would love to see at least two more after this. >> you wanted this one to get done for nine years? >> it took nine years, yes. >> may be up the timeline with the next once? >> if our box office results are good this coming weekend, i think we will immediately put an

then we spent a long time trying andet "sum of all fears" then paramount said ben affleck was interestedsaid he was very young. how do we do that? i thought we will pretend we have never done a jack ryan movie before. not specifically based on a tom clancy book. script together when you run out of books? walk us through that process. i made the original contract with clancy before he was a full-time writer and before he had a major agent, i just gave him a standard contract which gave us the character rights, prequel, and originals. i reminded paramount to check the contracts. i thought we could do originals. jack ryan films do you think we could continue to see? leastould love to see at two more after this. >> he wanted to get this done for something like nine years? >> it took nine years. >> may be speed up the timeline. [laughter] results arex office good this coming weekend, i think we will immediately put another one into the works and hopefully we can get that when done in a year or year-and-a- half. producer of the jack ryan shadow recruit with jon erlichman. coming up, we are goi

ben bernanke has said that the u.s. central bank is committed to low interest rates, which is really putting a spring into investors' steps by the looks of it. earlier on this side of the atlantic, we saw the emphasis close in positive territory. data shows they rebounded after a negative start to the year. shares were in focus in paris. they fell back to .5% after the surprise resignation of the .hief executive he says he threw in the towel for person at best personal reasons, but it comes as sales are under pressure, especially in key market of china. other news insome brief as well. spain's government is stepping into a row over the expansion of the panama canal. a spanish minister will travel to panama this weekend. the project has gone $1.6 million over budget. an italian spanish consortium has threatened to halt construction unless panama pays the difference. the panamanian president had an angry reaction, accusing the consortium of irresponsibility. thousands of lights have been grounded as a snowstorm slammed in

>> ready for this, i actually agree with most of what ben said in terms of hoping the president does the folks on capitol hill. he needs to work especially with republicans. we have started with that, ben, sometimes it hasn't been successful but it's a two-way street. sometimes the president reepz out and the door has been slammed in his face. this goes both ways and what we've seen from the american people they are sick of it from both parties, that is why you see glimmers of hope of berks partisanship from the budget deal we got in at the end of last year with chairman ryan and chairman murray working together. we hope this will continue. john boehner we saw finally stood up to the extremist tea partiers of his own party because he knows they have actually the ones that have been keeping progress from happening in washington, there's a lot of issues that we can work on if republicans actually try to govern as opposed to -- >> maria, i love you, but i'm impressed you're giving the tea party this much power and credit. i don't even think the tea party had as much power as you're expla

ben said, all these women out there who are leaders, there is this superpower that has enabled them to do amazing things. they are all different. i thought that was an amazing insight. when i tell you and implore you to find your own means of being successful and understand there are many different ways to be successful, i will frame it in his language. find your individual superpower and leverage that. be successful in your own way. if you manage by deep caring about your people while not worrying about what they think about you, you will be a successful -- as successful as you can possibly be. always remember when you are thinking about communicating clearly with people, you may think people are fooled if you're telling them what they want to hear -- they are looking at you all the time. if you try to lead in some way that is not true to who you are, they can see it. they will see through it. you will lose the trust of the team. it is those simple pieces of advice of how to lead. have a great life. [applause] ♪ >> more from the techcrunch disrupt in san francisco with engineers and e

but then there's someone like ben affleck who said that he is going to openly excoriate them as a republicanhat is not a free exchange of ideas and dialogue and they d't care about diversity. they only care about it if you ascribe to their particular worldview and if you don't, then you're going to be on the opposite end of a ben affleck interview saying oh, my gosh. >> it's very interesting. consider hollywood people ar discriminating against or losing jobs if they happen to be a center? i lived up in california longtime for a long time i felt that there were many times when it is agreed with people expressing their opinions. and it felt like to be cool you would definitely say something that was liberal and i'm just sort of like my tongue and i got and how to do now you think other people really feel like you get punished for not being liberal in hollywood? >> there is no doubt about it. when i was researching hollywood hypocrites i spe some time with people who have senior-level positions at vh1 and other tv areas and if they don't have -- if they are not satisfied in theircareers or have

as ben said at the outset i don't know if we have ever voted the same way. before you turn to the dark side [laughter] >> before i became wise. >> yes he puts it before he matured and we are going to go off and fight each other some more now. this is kind of what we do. we just fight each other all the time. you will call -- no exit in no way out. we will be fighting continuously but we were able and i can't thank n enough as cochair of this commission, we were able to acknowledge this agreement and where there was disagreement but keeping in mind the standards that i think justly guided the report and the reported report of this commission and of nate personally we were able if thing to get something done. last but not least i see some representatives here of organizations in secretaries of states and others who hosted us and provided extraordinary cooperation to us, information and various discussions, bringing together stakeholders and interested groups and i can't thank them enough either. >> with that. >> we will open it up for questions and discussions

. >> the position of ben and jerry, ben and jerry who owns the ice cream company. i have chunky monkey. they said on their web site during the occupy wall street demonstration inequality that exists between classes in our country is immoral. a few years before ben and injujerry said they would pay their executives no more than five times than they paid their lowest paid worker. they end up paying 14 times more continue to work out they had to hire someone else to pay them even more. these leftists they are as clueless in their ideas -- that's a bad example. >> understanding certain policies we adopt good intentions aren't enough. we understand how people behave and decide. i don't have to do something productive to succeed i am going to take other people they adopt methods for doing that instead of doing productive things. that's something we need to avoid. >> people love the sports heros, actresses, actors robert downey jr. 75 million he made. beyonce 53 million. jennifer lawrence 26 million. the athletes golf, tennis, basketball, basketball, football, football, golf, soccer well distributed mak

the cpi rose, the philly fed manufacturing report was slightly better, and ben bernanke said the fedtching vigilantly for signs of a bubble. dow was off 65 points, nasdaq up, the s&p down two. let's welcome ken policari. several missed today, a lot of people are telling me that's what brought the dow jones down. what do you make of it? >> what happened to the banks, they ran it up in after jpmorgan earnings, after wells fargo, it was good. goldman and citi, they just missed. they still reported a profit, but the whole financial, the sector had moved up. investors took the opportunity to take cash off the table, because there's a sense that the market is kind of frothy. not bubbly, but we can't seem to get think 1850. this earnings seasons has just gotten started. they're mixed as beth. not seeing top-line revenue growth yet. they're still managing that through the cost side, right? >> year to day, the s&p is down 0.01%, and my manager has been, by the way, good news is good news. today's economic news was nothing to write home about, nothing spectacular. one thing i will say, though,

lost hawks who never wanted to start it in the first place and would have been very happy if ben bernanke saidop it all together last december. the problem that they have had is, that they're in a minority and, in order to for them to have any sway they have to have some more moderate people like ones we've been talking about, jeremy stein, stanley fischer, come alongwith them. that's why you have to watch those people in the middle. david: let's talk about rates for a second. >> okay. david: ben bernanke has actually come out and talked a little bit about that, at what point the rates might change, and then he sort of backed up, he moved the goalpost. let's play that sound bite and hear from jon. >> okay. at the most recent meeting the committee reaffirmed and clarified its guidance on rates stating it expects to maintain the current target range for the federal fund rate well past the time the unemployment rate threshold of 6.5% is crossed especially if projected inflation continues to run below the committee's 2% longer run goal. david: now the key phrase for me anyway, was well past the ti

again, there may be arguments for a variety of reasons, but as ben said, they may arrive to different conclusions about how much or whether early interest building. we are saying to the voters as many opportunities to vote as possible. >> at any point did you identify a role in your ancillary work that the federal commission could play in advancing or directing these roles as you set out? particularly in the absence of a quorum on the eac? >> we did not address the federal election commission. i know there are current and former conditions in the audience you. all of them are distinguished public servants and have done a wonderful job. [laughter] >> at least in the aftermath of the last presidential election at least the perception was, i don't know if it did supported it or you look into it, certain areas that may be underserved in other areas of governance were also underserved in the voting experience in certain populations were impacted more than of the population. is that something you looked into at all? if so, we are able to come down with reasons why certain areas have longer

on ben gaghazi he said he wanteo get to the bottom of it. if he really means that he ought to support a joint select committee in congress to find out what happened. >> i will say there has been an independent state department investigation and a senate intelligence committee did look into it. but we will talk again and we will continue to have this conversation, senator ted cruz of texas. thank you, sir. >> always a pleasure. >> coming up, certain republicans have learned it's deadly to be seen as too friendly with the president. but certain democrats may not want to be seen on the campaign trail with him, either. we'll ask one of them how president's speech affects his bid to keep his senate seat. [ d of energy is so abundant, it can help provide the power for all this? natural gas. ♪ more than ever before, america's electricity is generated by it. exxonmobil uses advanced visualization and drilling technologies to produce natural gas... powering our lives... while reducing emissions by up to 60%. energy lives here. ♪ i have a big meeting

. >> ben silverman once said that he would state something a little controversial here -- there's tooision. when you think about all the different channels that we have and all of the hours of programming that they have to fill, and there are so many reruns of "miami vice" and "law and order" -- i would watch all of them. it is wonderful if you are a creator -- >> everybody is doing it. there are a million channels on youtube. >> i cannot even watch all the tv i want to watch on a sunday night. >> it takes me forever to get through a show. but when i find a good one, i am hooked. it worked out well for netflix with "house of cards" and "orange is the new black." we spoke with vince gilligan who said, if it weren't for netflix, i don't know if we would have been renewed. they gave it new life. i want to talk about what is going on with starz. jon erlichman caught up with their ceo to talk about their strategy. he started off by asking what it takes to create original programming from scratch. >> find a lot of talented people. get them to work on your channel. we have a great year start

we spoke with ben gilligan who said, if it weren't for netflix, i don't know if we would have been renewede it new life. i want to talk about what is going on with starz. jon erlichman caught up with their ceo to talk about their strategy. he started off by asking what it takes to create original coming from scratch. >> find a lot of talented people. getting to work on your channel. we have a great year starting off. we have michael k's first television series. it is about pirates. toif to move from pirates curtis johnson, if these -- 50 cent --power is about a new york club owner living a double life. centus about it the -- 50 and his involvement in this. >> if you developed it with an african-american woman writer first lacke is the female writer to create a chauffeur premium television. show for premium television. is, beaker for what you wish for. andcreate a life you want then you have to create yourself as something else. it is not so easy. the people you think are the right ones for you could be totally the wrong ones for you it is a starcrossed love story with lots of action. there

and after i saw the rough cut in may, i texted ben and i said, thank you for bringing my son back to for a few hours. >> you can imagine the power of that moment, and all of the actors, eric bana, mark wahlberg, ben foster, were out heavily promoting the film, and they did a fine job. before we go, a special programming note. former defense secretary robert gates sits down with our very own sean hannity tonight for a special interview on his new book. it's out today, so tune in. 10:00 p.m. eastern on the fox news channel. >>> and up next is the octomom headed to jail? oh, no. we're going to tell you what nadya suleman has been charged with that involved your hard-earned money, when "the five" returns. stay with us. controversy, but nm has landed herself in legal hot water. yesterday, nadya suleman was charged with welfare fraud after allegedly reported to report nearly $30,000 in earnings. this woman became famous when she gave birth to octuplets in 2009. after the birth, she was reportedly showered with free baby items and book and movie deals. and then she cried debt and went on wel

parts of history, one is public health, you know you can look at the history of the cdc and what ben franklin said about an ounce of prevention versus a pound of cure but also the idea of basic hygiene gets you a long way and we teach our kids to cover their, you know mouths when they cost not just to effect themselves but an ethic of responsibility to others, we need the same thing when it comes to on lane. >> rose: washing your hands often. >> and you should change your passwords not just to protect you but all the people that you connect to online. >> rose: right. thank you. great to have you here. cyber security and cyber war what everyone needs to know wring by peter w singer and alan friedman. thanks for joining us. see you next time. >> >> funding for charlie rose has been provided by the coca-cola company, supporting this program since 2002. and american express. additional funding provided by these funders. and which bloomberg, and by bloomberg, a provider of multimedia information worldwide. you are watching >>> every single bite needed to be -- >> it's like a great big hug. >> about as

and after i saw the rough cut in may, i texted ben and i said, thank you for bringing my son back to me for a few hours. >> you can imagine the power of that moment, and all of the actors, eric bana, mark wahlberg, ben foster, were out heavily promoting the film, and they did a fine job. before we go, a special programming note. former defense secretary robert gates sits down with our very own sean hannity tonight for a special interview on his new book. it's out today, so tune in. 10:00 p.m. eastern on the fox news channel. >>> and up next is the octomom headed to jail? oh, no. we're going to t what nadya suleman has been charged with that involved your hard-earned money, when "the five" returns. stay with us. your eyes really are unique. in fact, they depend on a unique set of nutrients. [ male announcer ] that's why there's ocuvite thelp protect youeye health. as you, your eyes can lose vital nuients. ocuvite helps replenish key eye nutrients. ocuvite is a vitamin made just for your eyes from the eye care experts as bausch + lomb. ovite has a unique formula that's just not found in

said last night. i will add another head of state. last night i took four people, put hank paulson, sheila behr, tim geithner and ben bernanke and saidsis period which was september 2008, october, november, right in that period these four, working together, injecting liquidity and guaranteeing all the debt in our banking system prevented a terrible global catastrophe. what they did before then and what they have done afterwards i may not endorse. at that moment, those four people absolutely saved us from something that could have been worse than the great depression. jimmy, here's my point. i want to make a quick point, then you comment. there is a guy who never gets credit for giving them the green light to do it. his name is george w. bush. he said, go on ahead. it may not be free market but we need it to save the world. all right, jimmy. i'm adding bush tonight. i will probably get killed on the twitter universe. >> you're right. >> really? >> listen, people rarely get credit for preventing a bad thing from happening. you have to look at the counter factual. if bush does nothing, follow it is advice some people would have given wh

ben bernanke said to expect $10 billion a meeting, that is what people are expecting this week.er markets might not feel the same way, seeing some pretty they decline -- pretty big declines. the january 2010 decline lead to problems. looking at all the markets around the world, you are not seeing a complete selloff, look at italy, of for the year. the viennese stock market is doing better than anyone expected. even egypt is 7%. fat andabout the tapering, could we see tapering of the tapering? >> there is a possibility they could dial it back to $5 billion or something. seeould depend on how they the u.s. economy, not overseas. they may be concerned about housing, they have seen mortgage rates rise and a slowdown in housing. housing starts were off, existing home sales were off last month, that my concern them. >> what about tomorrow when the president gives his address? what is in there that could affect investors? >> probably nothing. the president wants to change the subject from obamacare, he might talk about the economy. he might talk about income inequality. nothing is like

. >> michael mckee, it was last april that ben bernanke said we are going to be done tapering once we at 7% unemployment, we have not even begun yet. re: economists continuing to put so much weight into this guidance? >> that was an official guidance, that is no longer operative. 6.5% is official guidance. let me ask scott brown, what do you think? the fed tells you they are going to start thinking about it at 6.5%, there at 6.7% two years ahead. >> they have downplayed the unemployment rate as a threshold for forward guidance. policy that in the statement last month. there was a debate about whether to actually lower that threshold. the majority of fed officials decided that was not a good thing to do but that it would give qualitative guidance that short-term interest rates would remain low well after the unemployment rate goes through 6.5%. the markets are well aware of that as well. there is really nothing magical about the 6.5% unemployment rate, we could go through that within a couple months at this right. the key is the pace and tightening. it is not just the payroll numbers,

ben rightly said that fiscal policy was inadequate i think largely declaring victory prematurely but i think there were many other problems. but i would just mention a few ideas. i think one would be that i think authorities around the world were somewhat reluctant to write down debt for example there were plans to write down subprime mortgage debt in the united states. marty felled and many others proposed things. certainly carmen reinhardt and i long advocated significant debt restructurings in the periphery of europe. another idea very krnt is to think about whether the federal reserve should allow temporarily higher inflation. mike has a very precise idea and potentially use unlimited policy tools for example on limited qe to try to achieve that. a smaller idea but i think an important one is the idea of starting public fralks bank while credit markets were so weak to seed public-private partnerships. president obama suggested that. there were a lot of ideas about how to write down debt more dramatically during the crisis. for example, nationalizing a major bank. many people prop

saatchi b figure and short track skating events will take place in the beautiful iceberg palace so we said to ben let's say to take a look. for those who love a little drama a little bit of show off in winter sports all those wonderfully jeweled costumes then you have to make your way to the eye catching twelve thousand seed venue the iceberg the iceberg skating palace which will be home full sega skating and short track speed skating joining the twenty four team a limping winter games figure skating has long been one of the most captivating and exciting sports at the winter olympics and the twenty four team games will see more action on the ice and never. will be back flips. was butterfly effects and the returns to. the u.s. also guess about the other event that will take place in the same arena the speed skating way olympic skaters will be competing to get gold in the battle of the glades full glory and. i. i hear in the games it will take just two hours to adjust the ice at the ice big skating palace when switching from figure skating to shut track so we're looking forward to all those costume

last year ice-cream maker ben and jeries said they'd cut it from their product. >> for the first timeearchers say a large daily dose of invite min e may show the decline. >> according to the alzheimer's association. the disease will be the sixth leading cause. from 2000 to 120. deaths from other major diseases like heart disease decline. in 2013 an estimated 5.2 million and the cost for caring for someone reaches 2003. joining us now is the doctor. the lead author of the new study in gerry at rick psychiatrist. thank you for being with us this morning, doctor. >> vitamin e - it seems simple. what is it about the compound that slows down alzheimer's? >> we are not sure. vitamin e is an anti-ochly dent. we are not sure why it works in slowing down the rate of progress. the raigsal for this study was a study published in 1997 and the new england journal showing that at this dose. vitamin e was effective in slowing down the rate of progression. the parents had alzheimer's, so we thought it was important to study patients with mild to moderate alzheimer's. >> you said you are not sure why

in march ben bernanke said it is still here. last friday, you saw the comments of the new york fed, bill dudley. not exactly a populist firebrand. he said there are deep-seated failures. "they have lack of respect for the law and public trust. he said our current regulatory efforts may not solve these problems. his view is reinforced by the fact that doj has eight separate investigations under a way. -- underway against the largest banks alone. do you agree we haven't solved the problem? there is an apparent lack of respect for law, regulation, and public trust. what do we do to address too big to fail? >> i would agree addressing too big to fail has to be among the most important goals of the post crisis period. that must be the goal we try to achieve. too big to fail creates a threat to financial stability, and it does unfairly advantage large banking firms over small ones. my assessment is we are making progress. it should make a very meaningful difference in terms of too big to fail. we have raised capital standards. we will