later, is that ben stein? wrappe.ssure that i felt throughout my whole head. the blistering and the rash was moving down towards my eye. the doctors at the emergency room recommended that i have it checked out by an eye doctor. there was concern about my eyesight. when i had shingles the music stopped. of the dusty basement at 1406 35th street the old dining table at 25th and hoffman. ...and the little room above the strip mall off roble avenue. ♪ this magic moment it is the story of where every great idea begins. and of those who believed they had the power to do more. dell is honored to be part of some of the world's great stories. that began much the same way ours did. in a little dorm room -- 2713. ♪ this magic moment ♪ ♪ i think the sun might be shining ♪ ♪ just a little more bright ♪ ♪ i think the stars might be hanging ♪ ♪ just a little more high ♪ ♪ come on, love ♪ a new day is calling, and it feels so right ♪ [ female announcer ] with ingredients like roasted hazelnuts, skim milk and cocoa, there's a whole lo

commentator and economist ben stein. so do you applaud it?erstand why the canadian interviewer, you know, like that. what do you say? >> well, i don't applaud it at all. it's always been true that a very tiny majority of the richest people in the world control enormously disproportionate amount of the wealth and poorest people can very tiny portion of the wealth. finite amount of money in the world rich people have a lot poor people have less. that's not the way it works out. if rich people got rich by starting new businesses and more technologies that gained more employment and wealth to the other people, then everybody gets richer. there is not a finite rich people getting rich does not make poor people poor. >> there is an economic issue and i agree with you that economic freedom dictates that some people are just going to go off the chart. and other people are just not going to have very much. there is also a moral issue here. with 85 of the world's richest people controlling more wealth than 3.5 billion of the world's poorest people. and

. >> ben stein, what do you think of the u.n. getting involved in this? it's been a consistent push. putting the onus particularly on rich nations. >> karlsson, this is consistent with their lifetime pattern ever since the u.s. lost control in the 1960s, blaming the u.s. on everything. we produce more pollution per person because we prode more of everything per person, but china as my beautiful dig so aptly said is the world's number e culprit. nobody is yelng at them. all these development gunners are pollute close like crazy, nobody is yelping attm. it's just other case of blame the rich guy and blame america just because america because we are free and rich. they hate us because we are free and rich. they are joelous. >> they're like adam, right, adam? >> well, you know, in thespirit of ben, i'd say my esteamed intelligent friend here are all sticking their heads in the sand, what you all are trying to ignore arehe fact, which the united statess. >> it's 10 degrees outsid what are you talking act? >> it's one planet. we are all responsle for that one p

. >> but i do find, guys, i find it interesting that ben stein is in toronto right now. so he's already moved. >> that's medicine right there. >> ben, what do you think of this. >> i think they've scrambled up an ec, now we are trying to physical out how to unscramble it. it was always scrambled up. we never knew what was in the by. we knew it was going to be a rancifer of well to do people to less well to do people. we knew there were going to be equities and confusion. mr. obamaammed it through on his popularity after his election. we knew it was going to be a mess. sure enough it's a mess. how we will ever get out of this mess is a very good question, how we will make it operate is a very good question. how it will be fair and equitable is a fair question. why didn't they do the nixon thing of giving it a check for people who couldn't afford to buy health insurance? i have no idea. >> charles, now whether you like it or not, it is what it is and republicans, of course, want to just turn away from itch there is another strategy that says, well, let this thing go on its

someoneto put it in place, get people to sign up, i think that's when it starts falling apar >> ben stein, there's a whole lot of nonsense, company that is don't do well, they announce a new ceo, and if wall street likes the ceo, the stocks go up. could that help obamacare? >> well, if you could find a great ceo, yes, i don't think warren buffett wants a job. i don'know what other great ceos are out there. i think it's, at this point, such a complicated project. and what's the point of having a ceo. a ceo in a hugeorporation gets a lot of money. a ceo for obamacare just gets yelled at. i think it's a political try to put in one more level of bureauacy and i don't think it will help, but good luck. at this point they ed to try anything. >> that's if they want to try. adam, maybe even trying today would be an admission that you need some element of the private sector involved in this. >> i don't think that, first of all, that the private sector has a monopoly on the concept of chief executive officer or a top leader. our country has a commander in chief, for example, and has had for the ent

wayne freedman, ben stein inside of a deep freezer what.y'll have to endure during the playoff game in green bay. >> poor wayne. >> warm weather brought a benefit. finding those who get power from solar panels. >> best sales pitch is his own smug bill for 13.33s ndz december. 95% lower than last year. >> it's great. with christmas lights up. with that i had $13 bill. >> typically solar installations aren't doing a lot of work. >> we don't get benefit of all solar. >> it's no exaggeration to say the fair weather has been a boon across california. yesterday, the state set a record. >> the record 3,000 megawatts is a function of increased capacity from southern california. >> in july, 2012 we're celebrating the turnover. and have tripled that now. >> california needs normal winter weather. in sacramento, abc7 news. >> still ahead, 100, no. weather. >> we've got spencer. >> sun with us ask clouds coming our way. we've got clear skies now. and record warmth here in the bay area, 65 in san rafael. 75 gilroy. record highs for the date. so looking

wayne freedman, ben stein inside of a deep freezer what. they'll have to endure during the playoff game in green bay. >> poor wayne. >> warm weather brought a benefit. finding those who get power from solar panels. >> best sales pitch is his own smug bill for 13.33s ndz december. 95% lower than last year. >> it's great. with christmas lights up. with that i had $13 bill. >> typically solar installations aren't doing a lot of work. >> we don't get benefit of all solar. >> it's no exaggeration to say the fair weather has been a boon across california. yesterday, the state set a record. >> the record 3,000 megawatts is a function of increased capacity from southern california. >> in july, 2012 we're celebrating the turnover. and have tripled that now. >> california needs normal winter weather. in sacramento, abc7 news. >> still ahead, 100, no. weather. >> we've got spencer. >> sun with us ask clouds coming our way. we've got clear skies now. and record warmth here the bay area, 65 in san rafael. 75 gilroy. record highs for the date. so looking

other speakers include ben bernanke, jeremy stein and rosen grand from boston, plosser from philly, billho could be a future fed member, stan fischer. one of the things we're going to be listening a lot for over the course of the weekend is the fed's and government's policies in response to the financial crisis are under scrutiny here. there are a lot of papers prepared for this conference to look at whether or not this stuff they did actually worked and should be part of the play, he was also the president of the national bureau of economic research, which dates recession in the u.s. economy. >> i think we're beginning to see some real seens of traction both in, we're starring to see improvements on the fiscal side, adjustment levels are down under 4% of gdp and there's a real sense of optimism, i think, in some sectors. >> other things that will be studied here inequality, climate change, health care costs and of course job growth. but the big thing the speech by fed chairman ben bernanke at 2:30. we'll have full coverage on "street signs." back to you. >> some of the fed presidents st

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: benhas 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 time that we reach that 6.5% rate. >> yeah. david: did you see that one coming? because it did strike a lot of people as moving the goalpostt >> because i did see it coming. they signaled that at the december meeting. they're thinking we could get a unemployment rate this year, later this year at 6.5%. they signaled pretty clearly at the december meeting it would be a while before they actually start

governor jeremy stein are going to discuss transitioning from a low interest rate environment to a higher interest rate environment and banks and fixed income investors. federal reserve chairman benhanges the fed has made during his tenure. sort of a last call for him. he will take questions from the audience. that should be kind of interesting. cheryl: that will be interesting. the first trading day of 2014. it is a massive snowstorm hitting the east coast. we'll take one more look if we can at cleveland, ohio. this is wjw. this is a live picture coming in from that affiliate. we're looking again. you can see wind. at least cars are still on the road. we already have a state of emergency eclared right here in new york. massachusetts, new york, parts of d.c. midwest got it. here it comes towards new york city. david: seeing that sign, concord, boston that is woburn, outside of boston. near winchester. cold place to be now. >> you know it's a scary time when france is more pro-business than the u.s. why is that government talking about more incentives and less regulation? new york city's new mayor is declaring a war on money. don't move. we've bottom the details right now because

ben bernanke. we will talk about his legacy and what janet yellen will do. we will talk tightening and tapering with an oxford director gabriel steinwill talk about advertising and selling these big ad advertising dollars at the super bowl. we will talk to the avas chairman. you can follow us on twitter. we'll see you in just a couple minutes. ♪ bernanke. the said winds down its stimulus plan. stocks and currencies from europe to asia under pressure. buys google's motorola mobility for $3 billion. asinvestors punish diageo emerging-market drinkers back off. you will hear from the ceo this hour. good morning to our viewers in europe, good evening to those in asia. and a very warm welcome to those just waking up in the u.s. i am guy johnson. >> and i am francine lacqua, live from london. bowldastream's super scandal. scarlett johansson advertisement start up a storm. >> h&m is gunning for a touchdown, if a david beckham ad campaign can help the retailer win over the u.s. a bit of breaking news -- >> why not? extraordinary performance for german unemployment, much better than expected, around one hour ago. economic confidence a touch