charles allen defending the agency and calling the report disappointing. >> we offer it during the detention interrogation under the rules outlined the justice department agreed to by the administration. we were the first line of defense. we do things that others do not do and we go where others do not go. we did this under direction embracing the so-called lee leaders of the house of representatives. the cia has your back it is a brave organization of every aspect of intelligence but they know they must have the support of the administration and support of the congress and select committees. the report to me is disappointing. >> did enhanced interrogation make our country safer? what do you think? head to our facebook page to weigh in #keep talking. >> happening today the benghazi select committee convenes for a second hearing. they were tasked with investigating the terror attack that killed four americans. the secretaries diplomatic torn and inspector general are expected to testify. the investigation will continue in the new congress next year announcing the job is far from over>> he tri

here with more is charles allen. what are they blaming it on now?e underlying reason is slow sales and they have 6000 extra people in store but the biggest story is they are changing their commercial policy and that means how they i their goods from -- buy their goods from suppliers. technically it means they're losing -- moving from back margin to front margin. they're going to try to build up the volumes on products that consumers want. down 12%, not as bad as the start of trading but on the year 50% so when does the margin story recover? >> there is still a little bit of the unknown because we have a ,umber day -- another day january 8, but i think the message between the lines today the policychanging and this is a rebuilding of the margin from the beginning of next year and that seems to be the message. whether they can do it -- a are not operating in a vacuum, so that's another question. to come on the tesco story on "the pulse." before we go to the break let's check on the stoxx 600. the stocks taking a little bit of change today. the governm

charles: it's very dangerous. i have to tell you, allenthe shorts i know, these guy when they hate a stock, they hate it. they can short a stock to 20. go to four. no, no. they would drop two nukes on nagasaki. they want the company to go out of business. >> yeah, this is a horrible idea. let the professional try to do that. the average investor could get killed. talk about the smartest guys in the room. 90 percent of mutual funds have lagged. the smartest guys in the room, the hedge funds have done worse. they've shorted the s&p. they've gone long. they've done even worse. charles: let's talk about when you are long on a stock and you find out wow, it's being heavily shorted. solarcity is one you like a lot. how do you handle that? how do you reconcile the fact that a bunch of people say the stock will collapse? >> i'm on the side of the individual investor. i hold onto stocks. when you're shorting a stock, you have to know exactly what you're doing. you have to be careful. do your research for the individual investors trying to build tha

let's bring in charles allie and -- charles allen. it tells you everything you knew to know about this. >> yeah. again. it is not necessarily a huge surprise. food sales are falling 14 months in a row. we know tesco has been at the bottom of the range within the food retail group and they said, in a statement today, they would add stocks. you have sales rising and it is no big surprise that it will be somewhat lower. i think it was not much better than a guess for much people was nott people -- it much better than a guess for most people. one of the eight people suspended is not coming back and you say the changes are good. what do we want to hear? what the want to know trading strategy is. where a they going to price against the competition and what will it do for the range. .he range had become bloated it has to be narrowed down. it is the only way they can get better volumes and prices. reflected inmpaign these numbers. >> that's what they are talking about. onis taking a toll profitability in the short-term. christmas looks like i

charles allen joining us from "bloomberg intelligence." aheadead on the -- more on the tech theme.ng. more players getting into this space. we will find out about strategies to find -- fight off competition. overnight, we have seen significant selloffs around the world from shanghai to dubai. we have seen a fairly big selloff in greece. elections.ential they will have those in december. shanghai is down. equity markets have been under pressure around the world. europe, no exception. the markets are trading lower as well. 1%.% to i'm going to take a break. we will see you on the other side of it. ♪ >> welcome back. you are watching "the pulse." let's carry out talking about tech and the loucloud. the race for control of the cloud is very much on at the moment. it is the survival of the fittest. will the lesser-known names managed to stay competitive and in business? had aace hosting challenging couple of years. but investors are a little bit more upbeat. how did the company weather the storm? and heis taylor rhodes is sitting next to me. >> good morning. >> tough to be small in an i

. >> charles barkley, allen iverson, some of the names responsible for the most memorable moments in sixers history. >> mo cheeks, great ones, right? current group of sixers on the verge of making history. with a logs tonight, sixers will match the longest losing streak to start a season in nba history, the sixers have lost to this .17 of first 17 games of the season. 6ers have a chance every winning a game any time soon, tonight might be the night. timberwolfs in last place with four and 12 record. >> you know what? i believe. i hope that we can pull a win tonight just because this is a night when we really need it. >> do you believe? tweet me. i want to know. well, more people will see a shiny new car in their driveway this holiday season? why some car companies say they're seeing sales like they why some car companies say they're seeing sales like they haven't seen in more than a we gdid he help pick it out?er. no, he's a cat. is this mine? that one's for alice. but she doesn't know it yet. why not? mom says she's still cooking. capture your memories with hallmark keepsakes orname

mariota hits charles nelson who cuts back across the field for a 73-yard gain 3rd quarter/ 23-0 oregon mariota checks off all his receivers then finds devon allenin the back of the end zone 30-0 oregon mariota gives head coach mark helfrich the gatoraide bath oregon celebrates the pac-12 title final: 51-13 oregon they are likely at least a #2 seed in the 4-team playoff that will be selected sunday harbaugh to cabinets' defense today >> he always stands up and never dodges or deflects criticism, he takes accountability he's honest and tells the truth. he is his own person. the warriors at 15-2 have the bay area in the palm of their hand.theyn visdit chicago tomorrow night6 why mark jackson was let go an off-season? part of jackson's problem is that he could not get along with anybody else in the organization, did a great job that you cannot have 200 people not like you in an entire organization. womens volleyball - ncaa first round all these a " minor sports are great john dunning and his #1-rankes stanford cardinal vs csu bakersfield at maples pavilion 1st set 6-3 inky ijanako with the kill to win the set 25-21 match point 6-8 merete lutz hamme

allen, cargill among many others - - media others. another that has consumers is of a completely different scenario. in human rights issues. charlesare wrong for you don't think human-rights issues are going on yesterday where somebody did not get his teeth broken today? >> but the first time as a business perspective there is a lot to be done stibnite but you cannot compare what the cia leaked. but then to have the ego standoff he always had his hand in it now we're forging a our friendship. it is such an upheaval that the cubans are close to crisis in dublin to shut down the government they don't have a choice. charles: but why did we do it? >> it is about the corporate lobby they all want to have a construction project. charles: becky was economy is one day in america is all -- shall put. if he would make that 11 percent it would be 10 times. >> the west definitely saw opportunity. there is a lot of criticism about the deal but it is a step in the right direction there is no infrastructure our internet or technology it could be a good thing. >> but those have the cuban relations those that have the crimes against their families

charles, mark strong, benedict. so a lot of great actors. because it was the allene. you have been free, but you have been busy, downton abbey, you're in the next season. what can we expect from you? >> well, why does everyone always want a spoiler? yeah, doing downton. i have known michelle for a long time. we meet in a pub. >> you do. >> it's a very small industry. they have been talking with them about getting me on in an earlier series. and then it's finally come to fruiti fruition. i didn't want to give it away. i was trying to keep it a secret. >> oh, no -- did i -- >> no, it was blown out of the water in england. >> it's another reason to watch the next season. >> you're desperate. >> no, thank you so much. a pleasure to have you here. sorry about the ensemble. >> i love it. >> where's your christmas sweater? >> it's at home. it's going to be bought soon. >> the imitation game is in theaters now. nice to see you. >>> coming up, we have onerepublic performing live. stay with us. a remote that lives on your phone. more wi-fi in more places. a movie library you

charles, always a pleasure. thank you. >> pleasure to be here. >> straight ahead, of the taliban declaring the defeat of the u.s. in afghanistan. lt. colonel allen is here to talk about that next. plus, we know iran is trying to build a nuclear weapon and has a history of state sponsored terrorism. but is president obama planning to open a u.s. ambassador in tehran? you have to hear what he says. and then what ambassador john bolton says coming up. stay with us. huh, fifteen minutes could save you fifteen percent or more on car insurance. yeah, everybody knows that. well, did you know that playing cards with kenny rogers gets old pretty fast? ♪ you got to know when to hold'em. ♪ ♪ know when to fold 'em. ♪ ♪ know when to walk away. ♪ ♪ know when to run. ♪ ♪ you never count your money, ♪ ♪ when you're sitting at the ta...♪ what? you get it? i get the gist yeah. geico. fifteen minutes could save you fifteen percent or more on car insurance. [ male announcer ] when john huntsman was diagnosed with cancer, he didn't just vow to beat it. i vowed to eradicate it from the earth. so he founded huntsman cancer institute. ♪ ♪ everything about it would be d

it is by allen auerback from the university of california at berkeley. the paper will be discussed first by professor charles manski of northwestern university, and then peter diamond. we then feature a paper on policies that can insulate the federal budget from uncertainty by a nyu law professor, david cayman. that paper will be discussed by panel of experts with much practical experience formulating policy, consistenting of senior vice president of the bipartisan policy center. jean sperling, and tennessee congressman jim cooper. finally, we will hear from two people who actually have the responsibility of explaining uncertainty in the policy. both papers presented today, as well as the slide shows you will see will be available on our website. let's get started with the first paper. i'm particularly pleased to have allen auerbach here to kick off our first purely fiscal event at hutchins. allen taught me most of what i know about public finance, first as my professor in graduate school, then at the joint committee on taxation where we again overlapped. i still tote around my notebook from allen's public f

charles, always a pleasure. thank you. >> pleasure to be here. >> straight ahead, of the taliban declaring the defeat of the u.s. in afghanistan. lt. colonel allen west is here to talk about that next. plus, we know iran is trying to build a nuclear weapon and has a history of state sponsored terrorism. but is president obama planning to open a u.s. ambassador in tehran? you have to hear what he says. and then what ambassador john bolton says coming up. stay with us. >>> a flag lowering ceremony marking the official end of u.s. combat missions in afghanistan and today just 24 hours later taliban insurgents in afghanistan declaring the defeat of the u.s. and its allies in the 13-year-old war. lt. colonel allen west joins us now. can you believe it? 13 years hard fought and now the taliban saying that they defeated us in and the u.s. allies. come on. >> greetings, kimberly. one of the things we have to come to understand there was a quote by austria military strategist who said war is the imposition of one's wilpon another. we, at no point in time have imposed our will against the taliban. we have not vanquished the enemy from the battlefield. the