buffett's father is warren buffett. former british prime minister tony blair also joins the discussion, moderated by tv news anchor judy woodruff. this is an hour and 20 minutes. [applause] judy woodruff: thank you very much. it's my honor to be here with such a distinguished panel. you cannot ask for three individuals who care more about this issue. i know that they all have a lot they want to say and we are going to get right to it. howard buffett, i'm going to start with you. you are the one who was the ce behind it. wise is something that matter to you. -- a fewe a father other things going on your family. judy woodruff: not much. howard buffett: i was teaching warren how to invest. [applause] [laughter] i had a mother that spent her entire life really dedicated to helping people. kids grew upf us in a household where we were really expected to give back to the community. every opportunity in our lives to do what we wanted to do in many ways. i think my dad explains it best when i talk about the lottery. you could b

she's using buffett to assuage fears about her, and guess what? a lot of people aren't going to catch on to this. she's leading bernie by a great margin in the polls, but bernie has two million small dollar donors, and that's a lot of enthusiasm, and wall street and the rich are going to give her as much will the tuesday as possible to stamp out bernie. trish: you know, bernie sanders is a socialist. bernie sanders wants very much to tax the rich, and bernie sanders is captivating the imagination of the very far left of the party, chuck. how difficult is it going to be for her in some of these critical states like new hampshire, for example, where there is clinton fatigue and bernie sanders excitement? >> i'll tell you this cuts across party lines. i've been doing politics for over 24 years, and i've never seen an undertow of anxiety from both sides. you see old people worried about their or college debt can -- young people worried about their college debt, old people worried about their retirement. unless you have a really good job, nobody's advo

dierdre: hillary clinton cited legendary investor warren buffett. betsy, will this kind of message help hillary get elected? >> message could be theoretically valuable. only only thing call her generating revenue for the "buffett rule" would generate $4 billion which put as teens any nick in the deficit. it is sticking it to rich people for sake of sticking to rich people which democrats might like but general election voters might not be jazzed about. dierdre: john what about her own campaign? she has a lot of support from so-called 1%. >> she just came off of a visit with warren buffett. so i think it is pretty wise of her to talk about income inequality with one of the great businessmen and entrepreneurs and capitalists in the country. he is somebody who advocated this a long time. so i think pivoting off the "oracle of omaha" you would think more republicans would like his message. they like his message when he is helping them make money and using his wisdom to make money but when he talks about income ineye quality and things like this, they te

hillary clinton was endorsed by legendary investor warren buffett today.. as the two joined forces to criticize income inequality in america. the endorsement took place in omaha, buffett's hometown. he's one of the world's richest men.. and has long argued the wealthy dodge their fair share of taxes by paying at lower investment rates, while most americans pay higher earned income tax rates. s/ sen. hillary clinton / (d) presidential candidate :48 i'm gonna fight hard to try to implement what is called the buffett rule. the buffett rule says that millionaires should pay at least instead of 10, 15, 20. and i want to go even further. because warren is 100% right, as usual. clinton moves on to neighboring iowa for more campaign events later wednesday. just hours after last night's republican debate concluded in las vegas.. marco rubio was campaigning in iowa. the florida senator gave a stump speech near des moines.. and acknowledged that the first-in-the-nation iowa caucuses are rapidly approaching. the debate clashes between rubio and senator ted cruz over u-

betty: warren buffett is throwing his power behind hillary clinton.as long resisted the call to throw his massive power -- behind anyone campaign, but tomorrow he will be front of her at a campaign rally -- campaign rally for the democratic front-runner. we are joined now live from seattle. know it is interesting, we warren buffett has commented often on politics but he is now actually backing a candidate. >> it is really interesting how he has stepped up his involvement. -- just a fewhe days after president obama was reelected, buffett did an interview where he said he wanted to see former secretary of state hillary clinton in the white house in 2016. he said that pretty frequently in media appearances, but will we are starting to see as we go buffettmary season is is stepping up his involvement. to eventso be doing for the candidate in omaha, tomorrow. first is a fundraiser, then he will follow that with a rare appearance at a political rally. what exactly is he -- do we know what he is going to talk about as he is campaigning with her? >> the issue

the buffett rule which calls on millionaires to pay an income tax rate of at least 30%. and in his introduction, buffett praised clinton as the best candidate in the field to tackle income and wealth inequality. >> the odds, you know, the game has been stacked in her direction. and that's a primary reason, there are a lot of other reasons, but it's a primary reason why i'm going to be so delighted when secretary clinton takes the oval office. >> buffett's endorsement comes as a new monmouth university poll shows clinton ahead of bernie sanders by more than 30 points nationwide. that lead is unchanged since october. >>> let's turn now to business, where the federal reserve finally did it yesterday, ending months of speculation by announcing that it would raise short-term interest rates for the first time in nearly a decade. while the increase of a quarter of a percentage point was widely expected, it signals a historic turning point. >> this action marks the end of an extraordinary seven-year period during which the federal funds rate was held near zero to support the rec

she's going to see warren buffett and raise him, warren buffett has already proposed to top rate forbe raised 30% to make sure that they pay a 30% of their income in taxes. hillary clinton endorses that proposal and says she's going to go him one better. she wants to see it raised even higher and will present the proposals early next year. tamron? >> in the message from warren buffett, john, is one we have heard in campaigns past here. but what is interesting is, is hillary clinton going after republicans including using that line from senator cruz of carpet-bombing used against him by rubio? >>reporte >> reporter: well, this was a pre-buttal to the republican debate. she talked about ted cruz's line of making the desert glow. she talked about trump's proposals to ban muslims from coming into the country. and she also differentiated herself from the president, talking about it was necessary to destroy isis, not just contain it or degrade it. tamron? >> thank you very much, john yang in omaha. that does it for this hour of "msnbc live." i'm tamron hall. thank you so much for joining u

but buffett says that's exactly why he's backing mrs. clinton. the presidential candidate outlined why it's time to even the nation's economic playing field. 3 (hillary clinton/(d) presidential candidate): "there has been too much that has led to the wealthy getting wealthier at the expense of hard-working families, middle-class families, young people and that's not the way we're going to keep america growing and going. you see, i disagree fundamentally with lead republican candidate, i think america is great and it's up to us to make sure we make it greater." buffett also took a shot at republican front-runner donald trump. after buffett said that many of the presidential candidates are "smart"...the investor added, "one of them tells you he is." debate... ohio governor john kasich (kay-sik) is making a stop in ankeny this eveninglast night kasich spoke about protecting the homeland, destroying isis and rebuilding america's defenses. he stressed these are all things we need to focus on, but we'll never get there if we are divided. tonight's town

but buffett says that's exactly why he's backing mrs. clinton. the presidential candidate outlined why it's time to even the nation's ecomic playing field. 3 (hillary clinton/(d) presidential candidate): here has been too much that s led to the e althy getting wealthier at the expense of ha-working families, middle-class families, young people and that's not the way we're going to keep america growing and going. you see, i disagree fundamentally with lead republican candidate, i think america is great and make it greater." buffett also took a shot at republican front-runner donald trump. after buffett said that many of the presidential candidates are "smart"...the investor added, "ononof them tells youou every five minutes how smart he is." 3 3 still to come on siouxland news at 9... the federal reserve raises interest rates after seven years of record lows... what this could mean for your finances. 3 3 plus, is political correctness compromising the safety of americans? our national correspondent investigates. 3 "siouxland news at nine on fox 44

. >> and right now as we speak, warren buffett in omaha is with hillary clinton.has endorsed her already contributing to her. and talking about the buffett rule that millionaires should spend 30% of their wages in taxes. let's listen to a bit of what warren buffett has to say. >> if you go forward to 1992, this group who has had their income increase seven-fold to $335 million, but their tax rate instead of being 26.3% has fallen to 16.7%. so they got a one-third tax cut at the same time their income went up 7 to 1. the irs gives you a little more information. they point out to you that of those 400 -- >> so warren buffett and hillary clinton clearly trying to send a signal she's taking aim at the more populist approach. this is because of the challenge from bernie sanders. >> absolutely. the message she's putting out is she cares for capitalism. she's pro-market but about a caring vision where the rich pay taxes, but also very interestingly and a theme to look forward for warren buffett to echo in the coming weeks is the old fashioned capitalism, where investors

buffett's bad year. we'll tell you why billionaire warren buffett is having his worst year in the markets since 2009 and whether next year will be any better. >> forget next year, how about the next 50 years? millennials are looking for the new long-term investments. we've got two stock pickers with names they say are the new blue chip stocks and they're not exactly names you'd think of. >> no, they're not. >> we'll start with that move in oil and what the oil collapse is doing. jackie deahas the story. >> good afternoon, syrara and bill. the saudi oil minister saying the kingdom will not change their production policy, but the budget was out this week. they're looking at 36 billion in spending cuts next year as well. the budget is based on $29 oil. oil prices at their current levels are down 30% year to date. if brent goes to 29, we're talking about another 20% leg lower. so what's the plan to raise revenue in saudi arabia? raise prices on things like fuel, electricity, and water. these are effectively

look who is part of it, warren buffett.s, these guys when push come to shove, bill gates and all that, they are obviously very good with money. they prefer before they leave this earth, not leaving penny to the government, if they can leave to it a charitable foundation that will be better spent. >> he is businessman, he will put money where it will dot most good. he knows private charity will be more responsive than federal government. even with windmills he is little doubter on global warming alarmism. put billions of dollars in wind farms. he said met hillary in omaha, i would be insane to put this money into wind arms. neil: who is saying that? >> he would be insane putting money into wind farms if not for the tax credits. >> at some republican would put together coherent argument on warren buffett, complete capitalist. neil: you would put it out there, no one would cover it. >> john kasich worked on wall street, worked for lehman. jeb worked and lehman and barclays. cruz's wife worked at goldman. you would think put to

liz: liz: "buffett rule," what does that really mean?ething hillary clinton would like to see expanded if elected president. somebody making more than a million dollars would be held to a 30% tax rate. anthony scaramucci is buffett disciple. we'll ask him about what hillary said. here is what she said. >> i will try to fight hard to try to implement what is called the "buffett rule." the "buffett rule" says that millionaires should pay at least 30% income tax rates instead of 10, 15, 20, and i want to go even further. [applause] liz: 30%. that is actually a bar gain to 48%. >> if you're looking for bill clinton's third term you will not get it right there. he lowered capital-gains tax rates. there was bipartisan commitment to lowering capital gains tack rate. i'm a disciple of warren buffett. i have numb must respect for investor. this is super convoluted thing. my tax rate is over 50%. i have no problem with 30%. i never will get there. i think. i think this is a way to discombobulate the public make them think something is going on unf

even warren buffett -- bad bets for some very big investors. even warren buffett. dr.ggers: warren buffett takes a longer view on things. he is thinking is there still long-term potential here? ibm is in a tough place. they have done a good job in devasting and spinning off businesses before they became unattractive, before they went sour. they've gotten out of so much. but the new stuff coming online has a been there. it hasn't grown as fast to replace that yet. betty: watson though? dr. eggers: watson is what they are pinning big hopes on. productizehat we can big data delivery -- i have seen it. it is very impressive. i think it is a lot of long-term potential. but it will take a while to get it looking as good as they needed to look and do the things they need it to do and to get companies to pony up the large dollars for it. betty: what about walmart? dr. eggers: this is been one of those years where walmart has been underperforming. there has been to -- there hasn't been one incident -- betty: their stock has gone down almost as much as chipotle. dr. eggers: walm

sanders from the communication workers of america, clinton from warren buffett. big of a deal, really, are these endorsements? >> the buffet endorsement is not at all surprising. why it matters is that he is working harder for hillary clinton than he has from really any -- for any other presidential candidate ever before. and for bernie sanders, this endorsement means a lot because it shows that he still has a lot of gas in the tank. that he's still the insurgent candidate and his candidacy is nowhere near over. >> still a long way to go here. you've got it. erin mcpike, thank you so much for joining us this morning. have a great day. >> thanks, you too. >> just ahead, what would you pay for a 34-year-old piece of wedding cake? >>> plus a preview of bear gris and president obama's trek in the alaska wilderness. do you know the secret to a happy home in these modern times? it's a housewife who's in control of the finances. actually, any wife, husband, or human person can use progressive's name your price tool to take control of their budget. and while the men do t

today she held an event in omaha, nebraska alongside warren buffett, and she backs the so-called buffettule which , would require anyone making over $1 million to pay a tax of 30%. looking at the symbolism and substance of these events, what do they tell you about how hillary clinton is positioning herself? john: they tell you she has an eye on the general election and on the nomination, but she still has to get through. she said today she would go further than the buffett rule. she would endorse it strongly and said she wanted to go even further. although we don't think of warren buffett as a left winger, that is a pretty progressive cause to be endorsing. that is aimed at the nomination fight. the speech yesterday was aimed much more about the general election. mark: in the general election she assumes she will be the nominee. she wants to use middle class economics as a big wedge. she wants to have her national security credentials fully furnished. in a targeted way, she wants to do social issues. she wants all three of those, and those are mirroring the three legs of ronald reagan, t

tim: buffett is set to appear ith campaign stop in month. it's the presidential candidate's first campaign stop in in march. a clinton campaign source says the two will talk about the need for tax reform and income buffett has long clton, both her campaign and super pac in recent months. tim: president obama is urging the world take action to the president is in france today, along with nearly 200 world leaders, for the u.n. climate change conference. this long planned meeting comes just weeks after the terror attack that killed 130 in paris. president obama says the ongoing terror threat should motivate the world leaders to do more to save the planet. "nothing will deter us from building the future we want for our children. what greater rejection of those who would tear down our world than marshaling our best efforts to save it?" meanwhile, the city is on lockdown for the gathering - and all public protests are banned. tim: still to come tonight we'll look at why losing weight in our 20's is different than losing weight as we age. (fred) a

that warren buffett gave? steve: it is not the money.n buffett is saying this at the margin. you never know. people react for different reasons and give for different reasons. they choose not to give for different reasons. anding up one of my friends one of the viewers at the wall street community, warren buffett is doing rallies for her, yes. i think that margin, it would be helpful. stephanie: warren buffett cares about running his company, not campaigns. if fact he was even here in new or two private events last week and he is now doing a rally in the backyard, what does it say about his involvement in the campaign and making such a big statement? steve: his father was a congressman you comes out of the political world. is a natural politician. he would be a fantastic candidate. he loves this stuff. in the 2008 cycle, i was shepherding him around for seven or eight hours of events in new .ork and the guy is nonstop a lot of cherry coke and no bathroom breaks nonstop for eight hours doing politics. [laughter] stephanie: he does not hav

buffett also took a shot at donald trump. after saying that many of the presidential candidates are smart, the investor added, "one of them tells you every five minutes how smart he is." jenna: the iowa department of education's school report cards came out today. it's an online web source you can use to find out just how well your local school is doing in several departments including their curiculum, class size, extra curriculars, general safety and other catergorieie to see how your local school did on their report card. visit siouxlandmatters dot com. jenna: public safety officers in eastern iowa spent the majority of their morning trying to corral almost one hundred pigs that escaped after their carrier tipped over. the "road hogs" scurried about between highway 30 and northbound interstate 3-80 near cedar rapids iowa officials estimated 180 hogs were on board at the time the semi overturned, about half of which escaped and gan walkinin along the e opes ramp thiowa department of transportation said a semi overturned , ar

rren buffett plans to hit the campaign trara stumping for hillary clinton. the billionaire investor is set to appear with clinton at a campaign stop in nebraska next month. it will be the democratic presidential candidate's first campaign stop in omaha before the nebraska caucus in march. a clinton campaign source says the two will talk abououthe need inequality. buffett has long been a fan of clinton, contributing to both her campaign and super pac in recent months. billionaire businessman donald trump plans to bring his campaign back to siouxland this weekend. the republican presidential hopeful will hold a rally in spencer, iowa on saturday at the clay c cnty regional events center. doors open at 9 a-m. the event begins at 11. how much more snow will fall today? stay tuned for the forecast from meterologist ben dorenbach coming up next on news four at noon. here's the live view from our skycam in spencer, iowa, where it's and degrees this noon hour. . << staff sgt. shawn ross. from burleson, texas. i'd like to wish my family in iowa a merry christmas, and

but buffett says that's exactly why he's backing hilary. the presidential candidate outlined why she thinks it's time to even the nation's economic playing field. 3 (hillary clinton/(d) presidential candidate): "there has been too much that has led to the wealthy getting wealthier at the expense of hard-working families, middle-class families, young people and that's not the way we're going to keep america growing and going.g.ou see, i sagree fundamentally with lead republican candidate, i it's up to us to make sure we make it greater." 3 buffett also took a shot at republican front - runner donald trump. after buffett said that many of the presidential candidatesesre "smama"... the investor said... quote... "one of them tells you every five minutes how smart he is." 3 iowa secretary of agriculture bill northey made a few stops in siouxland yesterday as part of his 99 county tour. 3 one of them was in the monona county town of ute... where he went to the co - op elevator and met with farmers. one of the things they talked aboututwas this ye

she said today she would go further than the buffett rule.he would endorse it strongly and said she wanted to go even further. although we don't think of warren buffett as a left winger, that is a pretty progressive cause to be endorsing. the speech yesterday was aimed much more about the general election. mark: in the general election she assumes she will be the nominee. she wants to use middle class economics as a big wedge. she wants to have her national security credentials fully furnished. she wants all three of those, and those are mirroring the three legs of ronald reagan, th ese two events didn't get much attention but they are laying the groundwork to make her a more formidable general election candidate, popular on economic issues and very much focused on being impregnable. john: i don't disagree. earlier this morning, speaker paul ryan released an agreement for over $1 trillion in tax package. republicans claim some victories like a ban on crude exports, and planned parenthood. the package will go for a vote on thursday and friday.

buffett - helped christen the u-s-s omaha today. about 500 people, including 20 nebraskans, attended the pier-side ceremony. the event took place at the austal u-s-a shipyard in mobile alabama. the u.s.s. omaha is the fourth ship to be christened at the facility. deborah if you're e e of the lucky fans headed to california to watch the hawkeyes in the rose bowl.. we have details on a party you won't want to miss. the battleship u- s-s iowa in los angeles, california , is helping celebrate the hawkeyes in a big way. a free pep rally is being held at the historic place on thursday the 31st....from noon until five...and it's free for all iowans. hawkeye apparel is encouraged. for more information visit their webiste, pacific battleshipipot- com. deborah christmas came early at the gas pump this year.... the national average has dropped to two dollars a gallon, according to triple-a. it hasn't been that low since 20-09... plus more than two-thirds of gas stations are selling gas for less than 2 dollars a gallon...that according to the i

buffett telling cnbc he is making a real estate play here.believes that "there is value far beyond what they're getting from sears." stores are vacated by sears and buffett says the rent can get much larger, larger rents from new tenants. he tells us that he has not spoken to eddie lampert. buffett's view, "reets work out better for personal investors." shares of srg are sharply higher. here now up more than 15%. live streaming and sharing with it with krir followers. the app is downloaded more than 10 million times. winners of the apple of the year title were -- the language app dual lingo in 2013. it came on the show several times. and jack dorsey. they're owned by twitter. ask at what point do you monotize. i think that's some ways off. starting to get some scale. you whon does a lot of it? cramer before "mad money". it's seen ridiculous growth. >> a lot of people use it. a lot of people watch it. the problem also, i think, is competition, right? facebook is rolling out this new live video feature. there are others. nothing proprietary, bu

buffett will appear wit clinton at a campaign stoppin nebraska next month. the two will talk about the need for tax reform and income inequality. buffett has long been a fan of clinton, contributing to both her campaikn and super pac in recent months. the former officer charged with killing a teenager in chicago is out of jail, after posting bail. andrew spencer tells us protests have continued, as the mayoo moves to creaae a new task former chicago police officer jason van dyke walked out of jail monday night, surrounded by apparent supporters. they escorted him outside. van dyke made bail... ...hours after a judge set his bond at one- and-a-half-million dollars. van dyke faces a first-degree murder charge in autopsy showed van dyke shot mcdonald 16 times. since thedash cam viddo was releeed to the public last week, protests have been a steady reality in chicago. those demontrations have remained mostly peaceful, as and shout it out: it's all about police accountability. his office says it will review the kinds of oversight police officers get and how the c

rule the buffett rule but buffett doesn't get impacted even though -- >> you know. >> the the seconde world. >> he the buffett rule count of take ordinary income, so he is all his wealth is in stocks, so he doesn't have to pay higher taxes. >> back in the past maria as you know, another business channel i called out buffett he did a transaction looked somewhat favorable on a tax scomrooz you had to apoll jooid. >> no, i did not apologize. >> he wrote in asked for apology i refused to do. >> why did you refuse to apologize to warren buffett. >> because the fakz were what they were the faction were what they were loaf eave it at that we talked about fact buying back stocks in favor of buying walk stocks he doesn't like companies to do he correctly pointed out in one annual report he said under certain circumstances was in favor of buying back stocks leave there it call charlie gasparino has details on the story. >> has been a blockbuster for capital markets from record breaking m&a to high profile ipos what is next we talk with tom farley preview what is to come in 2016 for capital mar

clinton talked about wanting to raise taxes on the wealthy and the buffett rule. it's a proposal backed by buffett that calls for people that earn more than a million a year to pay a tax rate of 30%. >>> republicans are back on the campaign trail following last night's debate. 18 million people watched making it the third highest rated presidential debate in history. the last g.o.p. debate of the year focused on national security following the paris and san bernardino attacks. the last debate of 2015 democratic debate airs here on channel 7. >>> the federal reserve made it official. they raised key interest rates for the first time in nearly a decade. the central bank lifted rates near zero by a quarter percent stage point. the hike signaled the feds confidence in the u.s. economy but further increases will come slowly. mortgage rates and car loans are not expected to rise any time soon. but rates for credit cards and home equity credit lines will likely go up. >>> the feds announcement gave stocks on wall street a boost. investors interpreted the move as positive

warren buffett and bill gates created the pledge. buffett will donate almost all his $66 billion. gates has already contributed about $30 billion of his. >>> a frightening pursuit and arrest all coming to an end at a san jose toys 'r us. this is the stolen suv san jose police were chasing. it's riddled with bullet holes. police say they opened fire when the driver rammed a patrol car. he kept going but only made it about a block, stopping at the almaden square shopping center. and here is the suspect. police say he ditched the suv and tried to escape by running into the toy store. officers arrested him as startled shoppers watched. take a listen to the dramatic police radio traffic. >> ford vehicle at toys 'r us going through the parking lot. >> the vehicle at toys 'r us going through the parking lot. we confirm did he shoot? >> he rammed a couple cars and then started driving towards me. >> he rammed cars and drove towards you. confirmed. the officer shot and he is fine. confirm no injuries to you adam three? >> negative. >> i thought it was really great the way they found the ca

what is $1.25 billion for warren buffett? he gives $3 billion a year to the gates foundation, on whose board he serves. i've had rich people--very, very rich people--tell me, "we know how to make a lot of money. we do not have a clue what to do with it, and that includes us." so if we want to be very practical about it and speed things up, if we know very rich people--and silicon valley has a few of them--recognize the following: that a lot of them could care less. they want to make more money, or they're into their little gadgets. it's amazing how much brain power is being poured on technical changes and innovations of minimal significance. just look at the apps lately. i mean, they're embarrassing as a culture. [laughter] people can find ways to save millions of lives and not make anywhere near the amount of money that some little quigley app for some idiotic whim that is promoted, ok? but there are people in silicon valley--you should try to bring them together for a dinner. i would be glad to attend--who i can show can le

neil: moving target. >> six-year step up. >> it would not affect warren buffett.s so political, her friends on wall street, the limousine liberals like warren buffet really don't get nailed on her tax scheme. you know who get nailed on her tax scheme? people who want to make a profit on their investments. the entrepreneurs, the established wall street class. all her proposals don't affect the established. >> nunn private she's, like, you think i'm stopping at 30%? you think i'm going to stop at a millionaire? [laughter] her hillary laugh; right? that's what you have to worry about. neil: i'm worried about you. [laughter] >> yeah,. neil: right now. >> i want to be the president striving in the successful. so i'm going to punish the successful. i'm going to punish success in this country. that's a great campaign sloga. neil: making the point a lot of millionaires would happily and eagerly pay more. >> of course they don't want to pay more and if mr. buffett wanted to pay more and pay his share, he could but of course as you pointed out at the top of the segment, he'

they languished in new york for about a decade until the summer howard buffett made an incredible donation, bought them and recently gave them to library of congress. in february they opened. they are remarkable. the library of congress is open to anyone who wants to visit. you can actually read letters between rosa parks and her husband and mother and you can see some of the political writings, here her voice talking about why she did what she did. i very much recommend them. >> the little more time at the library of congress. >> absolutely. >> the rebellious life of misses rosa parks is the book. >> a look at some books being published this week. editor in chief of forms magazine and co-author elizabeth ames outline the policies they argue will resurrect the country and reviving america. we have the technology, reports on the latest developments in the science of sensory perception. historian michael mcdonald documents the great lakes indian contribution to the making of america and masters of empire. the invention of science by professor david will examine the scientific revolution and

hillary clinton will appear in less than two hours with warren buffett in his hometown of omaha, andon's wealthiest individuals, the billionaire investor, will endorse hillary clinton and at the same time she is going to signal that she plans to propose further tax increases on the wealthy as she tries to pay for her campaign spending proposals. so far hillary clinton that proposed an estimated 1$1.2 trillion over ten years on new spending on childhood education, child care, expanded college affordability, all sorts of priorities of that kind. but only proposed about $800 billion over ten years in tax proposals to pay for that most of that has fallen on the wealthy. thing like limiting deductions available to wealthy individuals. but what she plans to signal today is an expanded version of the so-called buffett rule, something president obama has planned for some time. named after warren buffett who said he paid sometimes a lower effective tax rate than his secretary. so president obama proposed to have a floor of 30% on the affected tax rates for earning $1 million or more a year. h

buffett set up foundations. buffett was 75. bill gates was 45. a 31-year-old?e audience connects with them. that level of younger philanthropy is important. caroline: impact investing. this is really interesting. deep diving great into what is set up. he set up a limited liability company. it doesn't mean that it all goes to charities. he can do some profit investing. we've seen him sign up for bill gates' new clean energy fund. that means you can make for-profit investments. you can also make -- francine: hasn't said much about his interest. bill gates is child health. healthe: he's outlined as a priority, education as a priority. this is interesting, decreasing inequality. the limitede liability structure can be politically motivated. technology, bringing about change, that goes into clean energy as well. we are seeing it across the board. i love this quote. says, it's all about hacker philanthropy. the new way of thinking about philanthropy. company,ted liability the fact that it can be put to work for inequality as well, it does play into the millennials. f

but buffett that's exactly why he's backing clinton. the presidential candidate outlined why she says it's time to even the nation's economic playing field. (hillary clinton/(d) presidential candidate): "there has been too much that has led to the wealthy getting wealthier at the expense of hard- working families, middle-class families, young people and that's not the way we're going to keep america growing and going. you see, i disagree fundamentally with lead republican candidate, i think america is great and it's up to us to make sure we make it greater." jessica rae: buffett also took a shot at republican front-runner donald trump. after saying many of the presidential candidates are smart... the investor added quote... "one of them tells you every five minutes how smart he is." the democratic frontrunner also spent part of her day stumping in mason city iowa... while there... she had some fun with one of her supporters. take a look. "(hillary clinton/(d) presidential candidate) what's your dad's name? hi sean i'm here with your dau

but buffett is sort of an ally in that for hillary clinton. he is a big contributor to her super pac and earlier this month was at a fund-raiser on wall street for hillary clinton. in just a few minutes he'll be hosting a fund-raiser here in omaha. then they'll be coming here to this auditorium, this historic auditorium for an organizing rally. jose? >> john yang, thank you very much. >>> coming up at noon eastern, andrea mitchell will interview democratic presidential candidate senator bernie sanders. don't miss that. we'll be right back. phil! oh no... (under his breath) hey man! hey peter. (unenthusiastic) oh... ha ha ha! joanne? is that you? it's me... you don't look a day over 70. am i right? jingle jingle. if you're peter pan, you stay young forever. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. ♪ you make me feel so young... it's what you do. ♪ you make me feel ♪ so spring has sprung. prge! a manufacturer. well that's why i dug this out for you. it's your grandpappy's hammer and he

jessica: warren buffett is throwing his support behind hillary clinton. the front runner threw her support by the buffet rule, a proposal calling for a tax hike on mit came out after he said he than his secretary. it appears las vegas casino owner adelson is the owner of mother jones, even political, all of them pointing to adelson as the mystery buyer. senator harry reid said he suspected adelson was behind the deal. he owned the newspaper in israel already. some say it is just a political mouthpiece for prime minister benjamin netanyahu and he uses it to forward his political agenda as well. adelson shelled out $100 million to various candidates and the last presidential election. no word from their camp tonight yet. we have not and from those reports. jessica: the search is underway the middle of a pet store. jim: a look at an alert network you may not know about. >> it is a great night to be out in front. we're in the desert in the states. we see these characters -- have you seen anybody who is real? >> yes. and what is g jim: sometimes there is big t

jimmy buffett is a cult like the -- following. find out about annuity celebrate his music. leon: the salvation army tries to get his holiday toy drive back on fact. is the montgomery county fire chief trying to run santa out of town or improve safety? i will have the story after the break. alison: 7 on your side to help you with holiday shopping tonight. the phone lines are opening for tonight's phone bank. just call 703-236-9220 alison: a low-speed chase and the rest and did when an officer ran across traffic to try to stop a runaway truck. it was caught on dash cam video. the driver had passed out after a diabetic attack and was slumped over the wheel. it was going about 25 miles per hour. the sergeant jumped right on to the semi and was able to pull it over. the driver was taken to the hospital and the good news here is the driver is excited to be just fine. leon: mission impossible or something. alison: a brave officer to do that. back here at home each year santa trains in the sleigh for a fire engine montgomery county. leon: where this year concerns about his safety h

, warren buffett... helped chrissen the u-s-s omaha yesterday. about 500 people, including 20 nebraskans, attended the pier-side ceremony. the event took place at the austal u-s-a shipyard in mobile alabama. the u.s.s. omaha is the fourth ship to be christened at the facility. jessica rae: a private space company will try to get back into the space-flying game later today space-x is set to launch its falcon-9 rocket from florida. the company's space flights have been on hold since one of its rockets exploded in june. that was later falcon-9. later today... space-x will also try for the fourth time to safely land a rocket after a flight. that would allow engineers to reuse the rocket and make future flights far cheaper. " jessica rae: when we come back... i'll tell you all about a concealed carry class that will train you on how to properly carry a fire arm. stay tuned for all of the details. scott: we'll have... cooler today, warmer tomorrow, and rain/snow possible on christmas? your forecast is next. "y

buffett is set to appear with clinton at a campaign stop in nebraska next month. it's her first campaign stop in omaha before the nebraska caucus in march. a clinton campaign source says the two will talk about the need for tax reform and income inequality. buffett has long been a fan of clinton, contributing to both her campaign and super pac in recent months. jessica rae: 13 out of the 14 female, democratic senators stumped for hillary clinton at a fundraiser in washington yesterday. at the event... clinton said she will stand up for planned parenthood... and the rights of women to get the healthcare they need. shshalso discussed the role of women at the nation's capital... sayiyi they deserve equal papa.. and an equal chanceo compete against their colleagues. " ( hillary clinton/(d) presidential candidate) "we've got to start looking at what people are living like today. it is not 1955. it's 2015 and we need to do more to lift up the opportunity ladders that have been knocked down or believe so strongly that if we give women an equal chance to compete, it's not

but buffett saysat's exactly why he's backing clinton. the presidential candidate outlined why she says it's time to even the nation's economic playing field. (hillary clinton/(d) presidential candidate): "there has been too much that has led to the wealthy getting wealthier at the expense of hard- working families, middle-class families, young people and that's not the way we're going to keep america growing and going. you see, i disagree fundamentally with lead republican candidate, i think america is great andnd it's up to us to make jessica rae: buffett also took a shot at republican front-runner donald trump. after saying many of the presidential candidates are smart... the investor added quote... "one of them tells you every five minutes how smart he is." jessica rae: vermont senator, and democartic presidential candidate bernie sanders is planning a western iowa campaign swing on moay. the trip kicks off with a town meeting in sioux city and will continue with stops in storm lake, carroll, harlan, and council bluffs. sanders staff

he is often compared to warren buffett. he has reportedly been unreachable since noon on thursday. reports saying he was last seen with police in shanghai. many are speculative he was caught in the corruption crackdown of many top executives in the country's financial industry. earlier on friday, the group asked the hong kong stock exchange to halt trading of its shares. but it will continue business as usual. major indices trading down between 1% and 1.5%. they are dragged down by oil prices. the international energy agency says the world oil market remaining oversupplied until late 2016. brent is trading at $39 a barrel. to $36, $.22 a barrel after hitting lows -- $36.22 a barrel after hitting lows. board ofrance, the nissan is looking to finish a dispute. the french government's stake in that wills increased allow to veto strategic decisions. nissan is the bigger of the two partners and does not want to be tripped by the french government. that is a developing story we will be following here. there is no where doubt a french influences the u.k.. top foreign the investors. >> pol

chris christie also showed up and reportedly said, "oh, buffett." [ laughter and applause ] no, i'm gonna go. i'm gonna go. [ laughter ] the new spending bill in congress includes a provision that would lift the current ban on people from sledding in front of the capitol building during winter. the provision is being referred to as joe's law. [ laughter ] i just think people wanna get out there! rapper azealia banks was arrested last night after attacking a female security guard at a manhattan club and reportedly biting the woman's breast. onlookers say the situation went from bad to worse to slightly better -- [ laughter ] and then super, super bad. [ light laughter ] congress, this weekend, ended the federal government's ban on medical marijuana. good news for people with glaucoma, as well as people with "glaucoma." [ laughter ] circulated online, ikea has been forced to shoot down rumors that one of their tables contains swastika imagery. it didn't help that their latest catalog is titled "mein couch." [ laughter and applause ] this is a weird -- a company has developed a new line of e

tim: buffett also took a shot at republican front-runner donald trump. after saying that many of the presidential candidates are smart, the investor added, "one of them tells you every five minutes how smart he is." tim: the iowa department of education's school report cards came out today. it's an online web source you can use to find out just how well your local school is doing in several departments including their size, extra curriculars, general safety and other catergories. to see how your local school did on their report card. visit siouxlandmatters dot com. tim: with christmas right around the corner, operation toys is still taking donations, its not too late to participate. jenna is out at bomgars now hows it going out there jenna? jenna: hey tim its going well............... you know, each year, the salvation army helps collect toys for hundreds of siouxland kids. this year the number is just under 1,000... so need is greater than ever. major von vandiver from the salvation army joins me.. christmas is a time of giving and sharing. last year, t

warren buffett. he's an out spoken person about income inequality. she that's typically bernie sanders drea mitchell he'll lock up the biggest indorsement in hisisup >>> the judgemp in the trial of baltimore police officer william porter declared a mistrial yesterday after a hung jury failed to reach a verdict. the case stems from the death of freddy gray during a ride in a police van they will meet to quote discuss a new trial date. a sentiment share would freddy grey's step father. >> we ask people to remain calm and patient because we're confident there will be another trial with a different jury. we're calm, you should be too. >> state prosecutor has refused to comment siting a court issued gag i order. they were not sequestered. porter, who pleaded not guilty to allui charges, is the first of six officers to be tried related to freddy gray's death and they other trials are expected to go. >>> a few hundred mostly peacefuld protesters took to the streets after the announcement. at least two protesters were arrested. >>>re nbc news has confirmed t

hillary clinton headed there after a stop in omaha invited by billionaire warren buffett. >> you know, our economy does better when we have a democrat in the white house. that is just a fact. >> reporter: after the debate, trump went to arizona, comfortable his double-digit lead in national polls will hold through the holidays. >> and two more republican iowa caucus. in the newsroom, ryan schulteis, 7news. >>> some good news for patriot fans. julian edelman suited up, looking good back on the field but just as it looks like the patriots are going to get deal with more injuries alex scorningry live for us with more. >> it's about that time of year where players have been banged up and it's been a rough season for patriots on the injury front but they are not getting any gifts. >>> it's hard to compare year to year. we've lost a lot of guys. >> reporter: the pats lost more guys on sunday in houston. dominic and eric blunt will be out for the rest of the season. >> i know it's disappointing for all of us. but, you know, we're still playing football. so the guys that are out there gotta k

warned buffett and bill gates have donated large parts of their wealth and many criticize that as a privatization of welfare. because donations deprive the state of taxes that would usually be spent for the public good. the state does not decide which projects should be funded but powerful donors like mark zuckerberg. >> there is one that could soon be history. it is meeting this week about whether to sell off the company's core web business. what is left would be a shadow of what it once was but it could lead to a profitable future. >> she has failed to turn yahoo! around. the google veteran with the latest attempt to redefine the company. the spiting the third most visited website in the u.s. with iconic and popular mail and use -- news services, the advertising business has been in decline for years. the board is considering alternatives. so off the core business possibly to a private equity firm or a technology company. or spin off valuable assets including a 15% stake in the e-commerce powerhouse alibaba. it is a huge tax risk. if they invested the assets, it was still be left with emerging