helen bernstein. now i know she was introduced and you recognize her tonight but long before this was established, helen was changing the lives of journalists, including my own. she has spent over 30 years as a writer and columnist for it and -- in palm beach interviewing politicians, officials, cele brities, and luminaries. so when i was producing for nbc news doing a story in palm beach my search for sources began at the newspaper offices. the editor and top reporters all said to me must talk to helen. she is your story. sure enough, i called suze when i could fit into her very busy schedule. she said why don't you come over right now calling my bluff? i can still see her opening a door to her lovely home on an island drive reaching her hand out to greet me. i am house when she said with her winning smile. please come in. been no. and the enduring friendship and it that it continues to this day and the editors of the paper did not disappoint helen was a key player in our story was a mention their na

image he works for a company called richard bernstein advisers.an relling, our own ron insana is with us and rick santelli in chicago. rich bernstein, you've been a big bull in this market here, what are your expectations for this pullback here? how much do you think is going to happen? >> i don't really know how far down we're going to go or how far up. i'll tell you, though, i think the message right now for the markets is plain and simple that the fed is stupid. because, clearly, they're very worried that the fed is going to prematurely tighten and send the economy back down into certainly a slowdown if not a recession. personally, i have to argue, you mention i've been bullish. i'm still bullish, because i don't believe the fed is that stupid. i mean, they may not be the smartest bunch, but i don't think they're that stupid. >> ron, what do you think about this sell-off? is this the beginning of something bigger or what? how do you see it? >> maria, i tweeted on may 29th that you should sell in june and come back for the harvest moon. i believ

and senior fellow at the budget and policy committees, jared bernstein. thank you all for joining me on this day of days. eugene, it's pretty amazing to me that the house republicans are pinning this or trying to pin this on the democrats. >> yeah. i mean, you know, one wonderses what nancy bell osi really thinks of that. i wish she would speak plainly. you know, john boehner really is in a pickle, because a huge chunk of his caucus doesn't want to pass anything. you know, they don't want to pass a farm bill, they're certainly not want to pass immigration reform. they don't want to do anything, basically. and he does. so what's a solution there? i'm not sure. you know, he could ram through immigration and ram through a form bill, lose his speakership. >> ram through implies taking the lead, which john boehner has proven himself constitutionally unable to do. >> exactly.

our guest host richard bernstein ceo of richard bernstein and a ceo contributor.a check on markets and while equity futures are a story because they are higher we're going to get to the biggest market story in a moment, that's gold but meantime, stocks look to go up yet again. remember like a few days ago the world was ending, now the dow up 80 points. the major markets in asia closing mixed. a volatile session there. late yesterday china's central bang could provide cash to institutions that needed it but that was not enough to quell credit fears. meantime, in europe let's check the trade there if we can. we can. as i go to the charts the ftse, the dax up 1.7%. the cac up almost 2%. your big story, all you gold bugs go back to bed because we're watching gold and not for the right reasons. comex gold down more than 3%. that's a 3-year low, one of the worst quarters for gold in nearly 100 years. in nearly 100 years one of the worst quarters for gold. can you believe that. the worst quarter in 100 years. that's also a century. thank you. >> that's a bad quarter. >>

why doesn't he get woodward and bernstein back, sober them up and go back after this story. they're still good reporters. >> you're making the assumption that woodward and bernstein are not on this story. and i would not make that assumption. >> i think every honest reporter should be on this story and the benghazi story. >> i think they are. they are. >> not on television. they are not on television. and all you have to do is watch and you won't hear a word about it. not a word. >> but the white house really -- i don't understand why they're not doing what we call a ticktock on all three of these issues which is this is what happened from the beginning and going to the end. >> because they don't want people to know what happened. that's why. >> they should, because the longer they don't do this and they don't come forth directly with the information people are going to go after them and after them and bill o'reilly's going to talk about it and it's going to be all over the news until they open up and tell us exactly what happened. so you're right about that. >> you're lucky

we bring in jared bernstein, a senior fellow at the center at budget and policy priorities. is running for senate next year in louisiana. so is that what voters are demanding, less money to deal with katrina-sized issues? >> the crazy just keeps coming. yeah, think about louisiana, think about katrina, think about what oklahoma has been going through. >> abolish the irs, jared. >> so the whole thing is completely incoherent. even if you listen to ted cruz, which i don't recommend you do, it's sort of like looking directly at the sun, the kind of thing you shouldn't do. he says we should abolish the irs and have a flat tax, okay. so who is going to collect the flat tax? which agency is going to -- >> bain capital can collect it. >> maybe there will be a new organization called the sri, it's just complete incoherence. >> interestingly, the website we just showed is paid for by a pac founded by former senator, jim demint. here is mr. demint a week ago today on why we need to fight the irs, take a listen, jared. >> obama care puts the irs on steroids. greta. >> steroids, jared.

bernstein.is incident be handled by the texas rangers or the fbi? i mean, how do you want to see this handled? >> let me just say, reverend, we absolutely want an outside independent group not related to the jasper pd to come in and investigate this. we believe that there was a coverup. there is a clear timeline that is emerging. this brutal beating occurred on may 5th, six days before the mayor's election. and i believe that this information was publicly withheld, purposefully withheld from the public and basically but for the courageous acts of basically a whistle blower releasing this video, those policemen would still be on the street and my client would be charged with a crime. and so absolutely we need the fbi or the rangers and if it is a texas ranger, we want a ranger not from east texas but from some other part of the state and come in and investigate because charges need to be brought against these law enforcement officers and their superiors need to be reprimanded at the least. >> all

this is a totally different environment than when you and bernstein are running around. you got flack. >> more than flack. >> you guys got pressure. but the journalistic community was behind you. that's one of the reasons i'm sitting here today was because of what you did with watergate. i wanted to be an investigative reporter and indeed did do a lot of that because of what you did. >> in fact, bill, i lived through. this people did not believe what we wrote for a long time. the nixon won a massive re-election in 1972. and everyone was kind of saying watergate is over. >> bill: but not the journalist i can community. the journalistic community. >> oh yes the journalistic community. you know that only to people in the tank. the other people, well, you "new yorkng the "new york times'" butt so they weren't playing catchup. when you had a revelation it got out. now, i don't know if there is a desire to know. i really don't. >> let's hope there. because much hangs in the balance here. not just the reputation of the news media for aggressiveness and in some form of neutralit

. >> joining us is david bernstein. welcome, sir.good to have you with us. >> very good to be here. >> you can't attribute his decline to his definition of math. why is it the democrats are bringing out their big guns, the president, the vice president to defend what really should be a pretty solid seat, shouldn't it? >> well, and news out today is that former president bill clinton will be coming to campaign for ed markey over the weekend. >> wow. >> so all of the big guns really. so you know, part of this is it's a special election so there's only one election going on. because it's only one, they're all coming. but it is. it's a close race. i would suggest that it's not closing. there's no evidence of that. there's that one poll that you showed that was really an outlier. pretty much all the polls and from my understanding throughout the internal sense from both campaigns has been throughout this campaign, it's been roughly an eight-point lead, give or take depending on who you ask. and that that dynamic hasn't really changed. >>

. >>> our first alert meteorologist howard bernstein with the forecast. >> sun out now but changes for the end of the week. i think the air is going to get a little cleaner. right now the allergies are in, and unfortunately the grass pollen is still high. we have to get that number down. and tree pollen still moderate. >>> we have updated information on breaking news from philadelphia. a building collapsed and we're looking right now at live pictures from the scene. we have learned that two people remain trapped in the debris. alexis christoforous with the latest information. >> reporter: firefighters are searching for several people, possibly trapped underneath buildings that collapsed in philadelphia. >> they knew where to look. they knew where to focus their efforts. >> reporter: rescue crews and people nearby climbed up on the debris to help get people to safety. police say three buildings are affected. construction workers were demolishing one of them when the collapse happened. police say at least five people were injured and are now at the hospital for treatment. alexis christof

jared bernstein, thanks so much. >> thank you, martin. >> we'll be right back to clear the air.o-hoo. hoo-hoo hoo. sir... i'll get it together i promise... heeheehee. jimmy: ronny, how happy are folks who save hundreds of dollars switching to geico? ronny:i'd say happier than the pillsbury doughboy on his way to a baking convention. get happy. get geico. fifteen minutes could save you fifteen percent or more. congestion, for it's smog. but there are a lot of people that do ride the bus. and now that the busses are running on natural gas, they don't throw out as much pollution to the earth. so i feel good. i feel like i'm doing my part to help out the environment. >>> it's time now to clear the air. and after two years of civil war, there are now some loud voices arguing that now is the time for the united states to take strong military action in syria. >> for us to sit by and watch these people being massacred, raped, tortured in the most terrible fashion, meanwhile the russians are all in, hezbollah is all-in and we're talking about giving them more light weapons? i mean, it's

jared bernstein, former economist for vice president biden. thank you both for joining me. >> thank you. >> thank you, reverend. >> congresswoman, shouldn't jobs and the economy be the number one priority for our leaders in washington right now? >> well, it's a no-brainer, of course. listening to speaker boehner really sort of celebrates modest growth while he's saying that we can do more while he hasn't done anything is rather extraordinary. there are a ton of things that we could do to create jobs and opportunity for the american people and we're just not doing it and the one in charge of that is john boehner. he has not created a single job. 13 bills passed out of the congress. none of them a jobs bill in this year. it's pretty extraordinary. >> now, njared, when you look a the fact that even pollsters say that the american people don't think the republicans in congress are spending enough time on issues they care about, 75%, people care about jobs. people care about the economy and the republicans seem not to get that. >> well, you're righ

daniel bernstein, was as astonished as they were.s earlier had looked normal, now all the bingham children, every single one, would be confronted with a distinct possibility of one day requiring a heart transplant just to stay alive. because of that deadly condition many people have never heard of, dilated cardiomyopathy. >> a dozen years ago, we'd use the word ideopathic, which means unknown cause, but i think it really means we don't know yet. >> genetic testing is a rapidly developing science, but even now, it cannot tell the binghams why, why their children have heart disease or where it came from. >> there were standard tests that can done. in 50% of the cases, we don't find anything. that doesn't mean there isn't a genetic cause. it just means that we haven't yet identified that gene. >> jason and stacy were devastated. it was not a fluke that one child needed a heart transplant, not near coincidence that a second was now facing one, and in fact, it was about to get even worse. jason and stacy noticed there was something not qu

jerry bernstein, thank you.ppreciate it. >> thank you, thomas. >>> this hour, george zimmerman back in court withç jury selection in a matter of days and will that jury hear key evidence including the all important call to 911. plus this -- >> we are asking for a change in a policy that is flawed and that is currently excluding somebody from being on the list. >> senator pat toomey's plea on the behalf of one little girl who needs a life-saving transplant and now we are learning of a second case like little sarah and it is a little boy. is the current donor system stacked against kids like this? on the lead story the prifrm scandkan -- prism scandal, do you believe the companies who are saying they don't allow government access to their servers? weigh in on this @thomasaroberts. before mike could see his banking and investing accounts on one page... before he could easily transfer funds between the two in real time... before he could even think about planning for his daughters' future... mike opened a merrill e

but bernstein research was out with numberes this morning.nt back 40 years an studies they numbers. basically, in a rising rate environment, banks sufrt worst. they collectively fall 3.8% over three-month period in a rising-rate climate. i think there are three reasons. one, because of the net interest margins that is where we borrow short and lend long. also, banks own a lot of bonds. we know what is going to happen as far as bond values go. when rates go higher. also i just think more in the present here, if there's a sector right now that's due to kul of cool off, it is the banking stocks. >> rerecently jamie dimon said they would make 200 million on every basis point in moves. >> that, the logical point. but up is down, down is up. and i think it is a difficult calculus that things have to use here to navigate their way through. it is probably a pretty nasty mine field ahead. >> jeff, stay here. not everyone agrees with your point of view. >> joining us to make his case and why rising rates are positive for banks. brendon hawkin of ubs, w

joining me now is jared bernstein.ming on the show tonight. >> you're welcome, reverend. thanks for inviting me. >> the economy is improving, but how do we keep it moving in the right direction? >> two things come to mind. first of all, no more self-inflicted wounds. you mentioned sequestration. back in march, 25% of americans said they were negatively affected by that. in may, that was up to 37%. you don't see it as much in the macroeconomic numbers yet, but i think you will later in the year as more of the furloughs take hold. but kids are losing head start slots, seniors are losing meals. the flying public has been protected from this the more visible stuff. so that's number one. no more self-inflicted wounds. number two, this is a great time for some investment in infrastructure. you don't have to look too far across this nation to see obvious problems with our roads, our bridges and other parts of our public goods. this is a great time to pull forward some of that work that we're ultimately going to have to do any

prosecutor bring that case. >> should it be made illegal, jared bernstein?it is illegal, and i doubt it should be made illegal, but i think it's wrong. i think it's unfair, and i think eamon is doing some dogged and very important intrepid work here. my litmus test was about what you guys just did. i was about to ask brian and then jim cramer, have you ever heard about this, because i haven't, and i'd be darned surprise federal anybody else has, so there's something very wrong here, this kind of tiered release business. it's not at all what folks expect. >> and if they are doing, it surely there must be others who are doing it as well. >> i'll tell you, if i were thompson reuters, all the people getting the delayed, you know, the delayed kind of like if you watch a ball game after, send them a note and says listen you're getting third rate information, we love you, but you know what? you're third rate and you're small time and just like the goldman sachs clients that got the information earlier because they are big-time, oh, that was illegal. i'm sorry. i sh

bernstein says fewer than expected companies and individuals stepped up to the blackberry ten smart phone. shares up more than 30% in a year dropped nearly 4.5% today to close at $14.18. >>> and sprint lost ground as dish network walked away from making a new take over bid and mcquary recommended investors take profits there. sharps dropped 4% three times the normal volume closing at $7 on the nose. sprint still up more than 120% over the past year. >>> and video will begin to license chip technology to third parties responding to high quality graphics on mobile devices. sharps closed at 14.48 and up more than 21% this year. >>> and micron has sales of $2.3 billion. shares set a new five-year plus high before the report was released right after the market closed. >>> on the day, micron gained 1.5% closing at 13.97 and the stock more than double in a year. >>> some trouble ahead for one of the signature features of health care reform. a report from the nonpartisan government accountability office says the new healthcare exchanges being set up by the federal government in more than 30 state

bernstein. you don't do that with your dogs do you? you don't share lollipops. >> i'll bite a piece off and give it to her. >> after. >> not in your mouth. >> no double dipping. >> yeah. >> all right, some rain on the way this afternoon and the form of showers and then potentially heavy rains coming friday with some of the moisture from tropical storm andrea or andrea if you prefer. we're going to be going downhill this afternoon. clouds already moved in and areas west in western maryland and in the mountains are seeing a few showers this afternoon. a better chance for us for showers mid to

joining us with their thoughts on what to do about this, rich bernstein of richard bernstein advisersson with glenn mead and craig from mainstay capital management. rich, what did you hear and why are both stocks and bonds going lower today, do you think? >> well, bill, you know, mr. bernanke may wonder why he tries to communicate, because clearly his communication the past -- the board's communication the past several weeks is actually going to undo what they hope is happening. i mean, if we have rising interest rates, rising mortgage rates, falling stock markets, there goes the wealth effect, there goes the housing effect that mr. bernanke was referring to. i think he's kind of caught in an interesting catch 22 here in terms of the communication that maybe he thought he would -- the words he thought he would communicate or the meaning he thought he was going to communicate and actually what was interpreted. >> right. >> david, why are we not celebrating the other part of the statement, and that is the committee continues to see downside risks to the economic outlook, but the committ

leonard bernstein once said music can name the unnameable and communicate the unknowable.r and resident explored the remarkable difference music is making in intensive care units, keeping the tiniest patients alive. here's richard besser. >> reporter: a musician, playing for an audience of one. in a medical unit for those born too soon, tiny preemies struggle to breathe, to eat, to survive. and something as old as mankind is helping them do it. ♪ please don't take my sunshine away ♪ the lullaby. here at new york presbyterian, and in hospitals across the country, the relentless beeping of monitors fades when music takes over. the effect isn't just dramatic, it's physical. for these tiny little babies, music is like medicine. these twins were three months premature. >> i watched that heart rate. you can really watch it go down, 165, 160, 155, 152, it's an amazing feeling. >> reporter: research done here shows that this gentle music therapy not only slows the heart, it helps babies feed and sleep better, gain weight, and other studies show the babies leave the hospital sooner

find new roads. ♪ you >>> our guest hosts this morn having been ed lazar and eric bernstein.track and the only way to do it is to reform taxes, trade policy, regulation and the budget and that's the standard stuff. hard to do, but we need to do it. >> jared? >> i don't manage a zillion dollar hedge fund and it's easy for me to say and i'd like to bring down the anxiety, the skittishness and volatility about the tapering. it's going to happen, and interest rates do have to rise at some point. >> long-term perspective, that's probably the case. >> i understand. thank you both for joining us and that does it for us today and right now -- thank you and watch "fast money halftime report." see you tomorrow. it's time for "squawk on the street." >>> good wednesday morning. welcome to "squawk on the street." i'm carl quintanilla with jim kramer and david faber. the streak has broken after the dow's 76-point loss after adp did miss. mortgage rates above 4% and hawkish fed speak last night and in europe flash pmis were tepid and marginal growth in germany. the nikkei fell 700 points, a

actually seeking after truth and if that means going beyond the narrative i mean were woodward and bernstein were they truth others well to an extent yes because the official narrative did not match what they found through their investigative reporting but today we would never refer to those two as truth theirs because that's a slur that's used against journalists who are actually doing their job it's amazing that become a project of term to seek truth that ban and that report you talked about how many questions were left on answered there is no follow up of course about things like the war rich murder or the f.b.i. assassinating to da have warnings received about these events and of course this lack of transparency breeds distrust confusion speculation what's your advice to people who have such a hard time sorting through the noise to find the truth well i think you have to go around mainstream media and you have to be able to support journalists like yourself like myself who are doing our part to try to answer questions i give you an example this past week we released a piece on ben's one

actually seeking after truth and if that means going beyond the narrative i mean we're woodward and bernstein were they truth there's a will to an extent yes because the official narrative did not match what they found through their investigative reporting but today we would never refer to those two as truth theirs because that's a slur that's used against journalists who are actually doing their job it's amazing that become a project term to seek truth that ban and that report you talked about how many questions were left on answered there is no follow up of course about things like the war which murder the f.b.i. assassinating to da have warnings received about these events and of course this lack of transparency breeds distrust confusion speculation what's your advice to people who have such a hard time sorting through the noise to find the truth well i think you have to go around mainstream media and you have to be able to support journalists like yourself like myself who are doing our part to try to answer questions i'll give you an example this past week we released a piece on ben's one

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hey, it's michelle bernstein.your lettuce from drab to fab with new lean cuisine salad additions. just byol. first, thaw your dressing. next, steam your grilled chicken and veggies. then, dress it. add your crunchy toppings. and voila. enjoy. not too tight. ok. yeahhh! we're going to need another diaper. introducing huggies mommy answers. the best advice in one place. from the brand new moms trust. [ kelly ] improving your health isn't always easy, but you can do it. with colgate total® you can actually help improve your mouth health. [ male announcer ] it fights germs for 12 hours. in 24 hours fortifies enamel. and in 4 weeks improves gum health. you can do it! improve mouth health with colgate total® ♪ ♪ ♪ ♪ [ male announcer ] it's time to enjoy a bug free yard get spectracide insect killer for just $5 at lowe's. ♪ ♪ ♪ ♪ i'm in my work van having lunch next minute i'm in the back of an ambulance having a heart attack. the emts gave me bayer aspirin. it helped save my life. i was in shape, fit. i did not see it c

hey, it's michelle bernstein.ab to fab with new lean cuisine salad additions. just byol. first, thaw your dressing. next, steam your grilled chicken and veggies. then, dress it. add your crunchy toppings. and voila. enjoy. fly in for sears one day sale this saturday with friday preview get 60 percent off tops and shorts, and half off all die hard work boots plus up to 50 percent off mechanic's tool sets this is something super. this is sears. ♪ >>> it wasn't supposed to end up like this. take a look at this small passenger plane that took a wrong turn at the chino, california, airport. that's east of los angeles by the way. officials say the pilot apparently lost control during an engine test yesterday and slammed right through the hangar. the good news here, though is that nobody was hurt. can you imagine the pilot goes oops. >> i thought maybe somebody said turn right, no left. >> the wrong gps. >> two legendary filmmakers predicted big changes in the movie business. george lucas said a povy ticket will some day

for the bears, joining us in studio, seth masters, bernstein global wealth management chief investmentfficer. seth, why are you down on the dividend payers? let's start with you. >> we think they have gotten extremely expensive over the last few years. in fact they have been one of the best performing segments ever the market. because people were seeking safety and they perceived within the universe of stocks, higher yielding stocks were more bond-like and relative at this safe and they bid them up to a very large premium, about 50% premium over where they usually trade and unfortunately high-yielding stocks typically have lower growth. so right now they're expensive. they have lower growth. that is not a very attractive proposition in our view. adam: let me brink hank into this. you like dividends. if we will get a bit of a correction, now would be a food time, people who buy the dividend yield are looking long term. wouldn't this be ideal moment if we will have a 10% correction to get back in. >> well, that's right. every time the market comes down like this, yields go back up. seth'

bernstein issued a yellow alert for this evening. that's unrelated it andrea. andrea's fun gets in here tomorrow. >> fun, huh? >> yeah. we're looking at heavy rain between noon and 9:00 p.m. tomorrow. that's the critical time. let's start with a live look outside. it's calm. we have clouds. all of the showers are off to the west. north and west. right now, we're looking at clouds here in northwest. temperature 76. the clouds kept the temps down. and the relative humidity up to 60%. no surprise there with the southeast winds. okay. tropical storm andrea has winds at 65 miles per hour. it's essentially 35 miles north, northwest and it's going to move off to the north and east. it will remain a tropical storm. at least forecast leaves it as a tropical storm. it's inland across the south carolina and north of charleston. put this back into motion. we get into friday. friday at 7:30, a little over 24 hours from now, it is north as a tropical storm. winds will be minimal strength, probably 40 to 45 miles per hour. we're looking at 45, maybe 50 miles per hour. at the

bernstein, let me bring you back in. i recognize this -- you recognize this.s has been on television after the story first broke. describe what we're seeing. >> this is right when zimmerman was arrested and he was brought back to the police department. and it made the national news because this was what the defense attorney started saying very early on, look at this carefully. do a closeup and see that there was injury to zimmerman. >> whether or not he was injured. right. >> that's why we've seen them footage over and over and over before we really knew all the facts of the case. >> right? >> yeah. well, that's when it's about. it's interesting because when the story first broke, it was all about the lack of injuries to zimmerman. finally we got to see the closeup photos that showed the blood on the back of his head and the broken nose. here it is now. >> importantly for state, he's walking in, seeming fine. you're not seeing any debilitating injuries on his part. he seems cognizant of what's going on which goes to his state of mind which is what the state is

and joining me now, joseph connor, his father frank was murdered in a falm bombing and gary bernsteinyears as a cia officer. gentlemen, welcome. we have guys on video making bombs. they were involved in bombings, they killed your father, he said it's a substantial sentence of 16 to 19 years is that substantial to you? >> no. at sentencing they threatened to kill the judge. he forgot to mention that, or he would claim he didn't know. so this guy -- holder is making recommendations to release terrorists and then saying, he didn't really know that they were building bombs that he threatened to kill the judge. that they had engaged in violence and this is the same attorney general now who is willing to drone people without any trial. >> drone kill. >> drone kill people without any trial. terrorists locked up for 70, 80 years because of what they did in fair trials in civilian courts which you would want now, and he won't let them out. all politics. >> and you tried to stop it at the time. >> i did. in august 1999, the clintons, when it was quiet, granted these clemencies, but the falm did

bernstein on the weather terrace.ng. >> we're not giving it a 10 because yesterday was a 10. today we have a few high clouds. not going to cause any rain but it won't be the prettiest sky like yesterday which was absolutely perfect. here's a look at our forecast for this wednesday where we've got the sunshine mixing with the high clouds. by lunch time get outside and edge joy 75. this afternoon -- enjoy 75. this afternoon a high of 81. an 8:00 p.m. temperature back in the mid- 70s. if you're going out to the nationals-mets game, it's going to be another fine night for baseball. you see the high clouds have been streaming in from the west during the overnight and early morning. showers down in north carolina. some light ones there. also some in parts of northwest ohio. so there's nothing close to us. another dry day and cool morning. 50 degrees in westminster and cumberland. 51 la plata, gaithersburg and frederick 52 while we're 61 going up into the upper 70s and low 80s. that's why it's a nine and a half and not a 10

hey, it's michelle bernstein. here to take your lettuce from drab to fab with new lean cuisine salad additions. just byol. first, thaw your dressing. next, steam your grilled chicken and veggies. then, dress it. add your crunchy toppings. and voila. enjoy. [ alarm clock ringing ] [ female announcer ] if you have rheumatoid arthritis, can you start the day the way you want? can orencia (abatacept) help? could your "i want" become "i can"? talk to your rheumatologist. orencia reduces many ra symptoms like pain morning stiffness and the progression of joint damage. it's helped new ra patients and those not helped enough by other treatments. do not take orencia with another biologic medicine for ra due to an increased risk of serious infection. serious side effects can occur including fatal infections. cases of lymphoma and lung cancer have been reported. tell your doctor if you are prone to or have any infection like an open sore or the flu or a history of copd a chronic lung disease. orencia may worsen your copd. [

i don't mean to bring bernstein so much but it was in today's news and took the stock down and said nove, they cannot physiquely get to -- physically get to $50 million, a snowball's chance of getting there. >> the reality is we will both be wrong and not exactly what either of us think. how we get there is a few things. one, certainly is unprecedented territory for premium service to get there. the reality is there's been no premium service $8 a month that has the breadth and quality of content netflix has. there hasn't been a service that has device distribution netflix has and people watch an hour and a half a day. you look at those numbers, pretty unbelievable, quite frankly. we think the addressable market for that type of service is really really big. $50 million is a guess. is it 50? 60? 70? none of us know but i think it's a heck of a lot better than any premium service has gotten to, to date. >> andy, we'll leave it there. thank you. >>> obviously, a lot of strong feelings on this stock. where do you stand? >> i'm not a buyer on netflix. there's very low barriers to entry. the

howard bernstein is looking at the weather live on the terrace and what a beautiful sunrise we saw this yea. just had a sliver of sun coming in just enough of a break to see the sunrise. had a lot of pink and great colors. and we posted it on wusa9's facebook page. my facebook page and stuff you can see it there as well and on twitter. we've got rain coming in. had some great weather but still that brightness to the east on the michael & son weather camera. so some color there but cloudy overhead in northwest. some showers by mid to late afternoon. the afternoon commute affected by and even afterwork and afterschool plans. temperatures get into the mid- and upper 70s and rain this morning into pittsburgh and charleston, west virginia. and roanoke. trying to make its way toward areas in the shenandoah valley this morning. mid to late afternoon. i think that rain were those rain showers arriving here. temperatures very comfortable i'm on the weather terrace now. the winds are light. low to mid-60s. a really fine start@day but i don't think it will finish as nicely with the temps again mid