if someone shows you a track record, how do you make your money, what did you bet on, what do you do?re relevant. answer, to besy honest. it is statistically, three to five years as a tiny drop of time. warren buffett, i saw an article that he had a bad five years. a great investor. he is one of the exceptions to my roles. i did not change my view because he has had a bad five years. if anything, if you think you have someone with a great investment process, it could be something like professor, and i were talking about -- professor fama and i were talking about, but it is still viable like stock picking. buying a great manager that has -- a below >> you would choose someone that has had an enh three to five years then someone that was stellar? >> if i like the process and i understood what they were doing id i thought they were good, would prefer someone that has had a rougher time. they are not tremendously backwards. we would be great predictors the other way. people latch onto it for the same reason you looked at me and said what else you have to do? a number andp with somebody el

so what do you do?> this is why we called you. >> when's the last time you guys had a staff meeting? >> we don't have them. >> i been here three years. there's been one. >> no staff meetings. how do you know what's going on? >> you don't. when the [bleep] hits the fan, that's when we learn about it. >> this--it's like--this is like the definition of insanity. how many total employees here? >> 17 employees. >> if the business does go out, that's 17 people that are on the street, and you guys lose-- >> a lot of money. >> i think bill, he doesn't even sleep at night. >> who's bill? >> bill gary's my partner. he's the one who handles all the financials and does all the book work. >> the one that doesn't come. >> he's not coming. >> and why didn't he were to be here again? >> they're business consultants themselves, and they just felt that it would be-- >> i'm not a consultant. i write checks. >> right, they're consultants. >> there's a big difference between me and them. >> yeah, i know. >> so what they wou

do you watch a lot of fox news? >> i do.know you try to get both sides sometimes. >> all the time. >> but it is -- it comes over sometimes as one sided to me. >> i don't even watch tv. [ laughter ] >> except fox, right? >> yeah, occasionally. >> anything bill o'reilly. ever watch the factor. >> to who? >> this is going to be a disaster, isn't it? >> not for you. >> what the hell is the world coming to? ♪ when will i be loved? >>> all right. that is watters. who was mean to you? >> michael sometime preemptively said he would not do fox news before even got there. >> what group is he in? rem? >> i have noddy. interviewing sheryl crow and bonnie are you excited about hillary. >> all hell broke loose. we are not doing political questions. when the interview ended they went out and said this is ambush. this sun accept. >> because you asked them about hillary. >> because i asked one political question. >> who else? >> hall and oats did not want to do an interview with me. big factor. >> i like hall and oats. >> i do too. >> i'm su

how do we do that?s conservatives we have to stop talking about ronald reagan and we have to start acting like him. we have to come together and ally around an agenda. as we approach this daunting task, i want to tell i a story that i first first heard told about a man who described a late-night walk he took across a bridge. t was a high bridge. it was a bridge across either a river or harbor where he lived. it was so high if you jumped off of that you would not survive. he was enjoying this late at night when there was no traffic and it was just him, the moon, the stars, and the bridge. he got halfway across and discovered that he was not alone. he saw a man standing on the edge of the bridge outside the guardrail holding on. he could barely detect from the light of the moon. this man was in a bad place. he was contemplating taking his own life by jumping up the bridge. he thought, well, i better stop and talk, better see if i can help. so i asked the man, couldn't figure out what else to say, do you b

do we have a string of that? we do not. of the manufacturers say, we really need our detailer -- our dealers. i talked to someone from mercedes and a porsche. these are luxury carmakers. they love their franchisees and need them. took decades to build. a lot of them could see the option of adding direct sales model to what they already have. >> gm has been experimenting a little bit. you can go through all of the steps to get to the car and a couple mark is and what happens is you have to go to the dealer to finally get to the car. the dealer is the last step and then got -- >> the point is you have to pay them off. everys true of ford and major car manufacturer. you can finish the purchase process by yourself but are not allowed to get the car until you pay the delivery fee to the dealership. -- dos how they do but their business. >> a great customer. thank you so much. matt miller, our resident auto expert here. and also the>> a great customer. editor-in-chief. we will have to have you back on again. thank you so much. we

tell me what you do. >> what i do? i think the reason people think i have power is i am the person everyone comes to. i have the answer for everything. i think the reason that people think i am so powerful is because they do not know what i do. and that mystery, which i have kept for good reason of the years, intrigues people. >> it gives you power. >> exactly. at the white house, the deputy chief of staff's job has had many permutations. i run the operations -- the campus of the white house. that includes air force one, camp david, marine one. the personnel, 1700 full-time employees. we run the searches for cabinet secretaries. the president's schedule, how he uses time and who he sees. those things, because they are so hard to define. there is a group of people. >> you decide where he goes and how he goes. who is going to be in his cabinet. you are more powerful than they say. [laughter] >> that is generous. >> someone called you scary powerful. >> that was probably a friend. >> what does the president say about this

i'm doing great. hi, buddy, how are you? how are you doing, pal? hello, how you doing?, my goodness. [ light laughter ] >> you wanna sit? >> jimmy: no, i'm gonna start planking. i'm planking. i gotta get up. sorry, i gotta get up. sorry, buddy. can you hold this? hold this. thanks, buddy, how are you? geez. so sorry. in the old studio, this would be easier to do. hey, how are you? excuse me. now i'm over on the -- there we go. [ cheers and applause ] over on the party side now. whoo, over on the party side now. how about this dude down here? this guy. yeah, there we go. yeah. how are you doing, buddy? stand up. how are you, man? >> good. >> jimmy: what is your name? >> jordan. >> jimmy: jordan. very good, jordan. jordan, yesterday, of course, was the stoner holiday 420. [ light laughter ] >> yeah. [ laughter ] >> jimmy: so, in honor of that, what is your favorite snack food? >> my favorite snack food. [ light laughter ] >> jimmy: you don't know jordan. >> chocolate covered pretzels. >> jimmy: chocolate covered pretzels. >> that's my favorite, yeah. >> jimmy: that's a pr

and so how do you do it? it's very difficult for those national organizations and federal agencies that are in the audience, you can't possibly know who's in the community. you can't possibly know all the communities and what they're doing. there's little turtle, guy's name's turtle. no joke. vietnam veteran, runs a program in myrtle beach, south carolina. and he does a great job. he has no clue who you are. and you have no clue who he is. but you can provide great services. so there needs to be a nexus. and that's what i, that's what i see is missing, is this, is a clearinghouse. i want, i don't want to call, i don't want to call eight people in the va or eight people in dod just to find out who to file a form, because what that does, that amount of time that it takes me to do that is time away from helping somebody boots on the ground. so i want one phone number. of somebody who understands who i am, knows what i need. my job is to package the information for them. but i want one touch point to access the v

>> yes, i do, i do. would say, president obama, putin in the room, we have to stick to certain rules. first, we speak with respect, no belligerence. >> it is a debate, not an argument? >> it is a conversation that leads to a solution. not even a debate. a conversation which leads to a creative solution which is best for russia, for the united crimea, which is best for the world. which is a mess right now. we are so intent on doing it to anybody else -- you sought in the stock market as soon as this happened. >> all right, no belligerence, a conversation -- >> recognizing run the other party's point of view, you are saying there is injustice, so both parties think there is injustice. >> why is that so difficult for people to see? >> because they only see the situation from their point of view. i say, look at it from your point of view. look at it from their point of view. for pretend you are writing "the wall street journal." look at it from the world's point of view. looking from these three points of vi

how do you feel about that now that google has tried to do this, apple has tried to do this, microsoftng to do this. that must be scary. >> we had competitors in the early days. we have competitors now. we have always had competition along the way. this is nothing new. we've always known that if you're going to solve a big problem, they're going to be other people wanting to do it, too. we focus on how can we build great products and make sure that what we're doing is a little different from what everyone else is. >> my interview with dropbox ceo drew houston. coming up, it is one of the fastest-growing media sites online. go viral next, on bloomberg west. ♪ >> welcome back to "the best of bloomberg west." i'm emily chang. upworthy is on a mission. to bring attention to "things that matter." it is known for its catchy headline and over 50 million users that watch and share its content every month. we sat down with the founders and co-ceos. we asked what they think the most important topics in the world are. and who decides? >> like any other media site, that is something that our reade

we can't afford to do what we are doing.rt of the economy. >> i find chris christie one of the best speakers i've ever seen. he is very charismatic. chris is enormous. >> i don't know we'll see what happens i don't think so. this guy, he's like good. you see that guy speak? everyone can relate to him. he's the guy, he seems like the anti-politician politician. if he stays honest, pure, speaks the truth the way he knows it, i think that would be refreshing for the country. >> we'll see. >> do i get to speak about this other stuff or not? >> this guy is like going to the dentist, having a cavity drilled for you. >> normally you like this stuff. >> i am tired of politics. >> you are. you know, i kind of don't know what to think about the supreme court decision about letting everyone, it's going to exacerbate some bad behavior. i thought they should give each candidate $500 million. no fund raising. spends it. it's like running the federal government. you build your team, effectively communicate your strategy, you can spend all

do we have a deal? >> [laughs] >> do we have a deal? >> marcus, thank you. >> this doesn't happen every day. >> thank you. >> allison, can you get the whole team together? >> yeah. come on, guys. can you all come here real quick? >> hi, everybody. >> all: hi. >> i have always wanted to be in the candy business since i was a little kid. and so, last night, pete, allison, and dane and i made a deal. i've become a 50% partner in this business. pete and allison are the other 50%. i'm putting up $750,000 to really grow this business. and so we're clear, i'm in charge now. i focus on three things-- people, process, and product. the people that i have met here are fantastic. i love candy, but more importantly, i love your candy. it's--it's damn good. >> thank you. >> but the process is broken. we have to move this location. it's too hard to find. it's hard to get people to come here. the space doesn't work. so we're gonna find the perfect location, and in the interim, we're going to improve the process. pete, you got to get out of the kitchen.

someone who can do something you can't do. and someone who can do something you can't do and knows how to do it well so that you can learn from them, so you can take from them their experience, their knowledge, and try to adopt it to fill in a hole that you may have in your learning. that's how i define a mentor. and everybody -- one person doesn't have to do everything for you. a lot of people think that a mentor has to be the only person you go to to ask questions. i think you look around in every part of your life and you try to figure out who is doing that thing that i would like to do better, knows how to do it, and what can i learn from them. now, obviously when you pick a mentor, please pick somebody that you respect and like. it should be someone whose values, whose sense of integrity, whose sense of interacting with people are things that you think are worthwhile to emulate. if you do that, you're likely to be picking a person, a, who has a heart and, b, who will take the time to teach you. if you find somebody that y

what we need to do.e pack in probably a year's worth of different crimes and issues and incidents in a six-week period that usually can be spread out between the whole year of things. >> do you know the number of arrests in that six-year period? >> i believe last year spring break we arrested close to 700 people in that six-week operational period. just last week we were already at 500, is to i know we'll probably go over that amount this year. any time you get few hundred thousand students or tourists that want to come and party and relax and have a good time, it's definitely a huge issue. how much have you had to drink tonight? >> i couldn't tell you. >> couldn't tell me? do me a favor, go ahead and put your hands behind your back. >> the majority are traffic related, fights and intoxication beyond their capabilities. then you have the folks that will come in and prey on somebody that is inebriated and then you have the robberies skpand you'll have the sexual batteries. >> we call them the 200-milers,

so i want to do something small with you. what we'll do is we'll do some stuff in here.ll perfect the model, and it's still my goal to build it into a national brand. and now i know who i'm doing business with. >> thank you. >> okay? i'm proud of you. [electronic music] ♪ now that i've decided to move forward, we're gonna go very quickly. despite the fact that we're gonna be stuck in our old location for a few years, i'm committed to expanding the current pro-fit to a multi-use facility. a drywall's gonna go up here with beautiful graphics and retail cubbies. the renovations at pro-fit will cost well over $100,000, but it'll be worth every penny. first, i'm adding a cold-pressed juice bar up front so customers can grab a healthy beverage anytime. there'll actually be a hallway here. it's gonna be further back. i'm adding additional rooms that'll offer services like spin, yoga, massage, and pilates, so customers can take more classes and we can generate more revenue. my team and i are completely dissecting this box. [power tools whirring] [funky music] ♪ >> we have 1,500

what do you think i should do? should i offer more money? what would you do in that situation?imes it is specific and sometimes it is high-level. it is a walk and talk. we joke around. because anteresting, lot of the assumptions about the downing of twitter were questioned. what we are the new. is a marketingck genius. how do you respond? >> jack is a very talented marketing guy. look at square. it is amazing and it is taking off. >> what about product? >> is great product. he is an artist at heart. he thinks abstractly about product. maybe that is where the confusion lies. when he first describes square to me and i invested in it, which i'm glad about that, he talked about -- really? payments? are a form of social interaction. we do it every single day. we look at another person in the eye and we give them money. it is a social transaction. i saw the light. -- taking thatat thing we have been doing for anturies and making it into beautiful experience. it is a beautiful product. you have your own story about the downing of twitter. >> i lived it. it is what i saw. jobsing food

how do some of irish create a hook? what do you look for?how do i use my platform that i have now to pitch myself to a ayesha or latoya? >> well, we actually have published several blogger to the people. i think it really is -- it really boils down to the editor and/or agent in my opinion because i've seen quite a few bloggers. let's say you're thing as relationship advice and you give a ton of relationship advice cd at 40,000 shares, 60,000, the whole bit. a book should be relationship advice book. your editor would work to develop the kind of idea and the hope is we can reach even 30,000 of your 50,000 or 10,000 of your 30,000 fans. or maybe you can create a fictional town of some of the stuff you talk about. maybe some of the ideas or things you've gotten big responses on if you post a certain topic and you get huge response, maybe there's a fictional novel in their that may be based on life events because fiction is really a fictionalized tale of what you experience. so it just depends again who discovers you. if you start writing fictio

they cannot do it on the cheap, but we need to do it.t is an important part of our survival, of our foreign policy. thank you very much. >> but gave the panel a big round of applause. [applause] there are lots of reports we will be taking it and this is almost an invitation to having another public lecture on what we can do from our end to follow up. i would like to invite the audience to bring up their questions to the panel. we will have a couple of roaming microphones i hope so identify yourself by name and affiliation. there are a number of people here from the broadcasting services and a few who have been involved in the past. we are going to find you over here in the corner. someone i know will have a strong opinion. >> i served on the broadcasting board of governors for eight years, and in some cases i would have to say that it was a great honor and a privilege to serve the country and amazing journalists that represent the country. i do agree with many of the things that you have set about fixing the broadcasting board of governi

why do they do that?e the blackberry. >> i know they do. >> they love the keyboard. >> they make you not like them, and it makes you, you know, say things. that doesn't help their cause to be haters, does it? >> this is true. this is true. i don't know. i still love my blackberry. i wish i could go back -- there are some times i wish i had the keyboard. >> i miss brick breaker. i played a little the other day. i've still got it. you don't forget. it's like riding a bike. >>> i think gm is still on blackberry. general motors' chief executive mary barra set to return to capitol hill for a second day of testimony. cnbc's eamon javers joins us. >> reporter: a bit of a rough outing yesterday for mary barra as she faced a house committee on capitol hill. members of the committee really wanted some answers here on just why it took gm so long to issue this recall and why it took ten years to solve the problem of its ignition switches. mary barra, however, citing an internal gm investigation, said she didn't have

now, do these kids understand it. do they not get it?de school teacher for many many years. and she used to have over 30 kids in their classroom. and at that time she used to be able to hug the kids. you know, comfort them if they got hurt on the playground. now teachers can't go anywhere near students for this very reason because they're afraid maybe a kid is going to interpret this the wrong way. >> you can't even raise your voice. >> you can't raise your voice. >> can't be alone with a child for example without a monitor. >> you cannot raise your voice. >> friend a kid on facebook funchts a kid says f you in the classroom. >> in california that's aloud. >> one thing in the videos, if you are a teacher don't friend your students on facebook. >> you are insane if you are a teacher doing anything with the internet with the kids. >> the bigger issue though too is the breakdown of respect for authority. >> absolutely. there isn't any respect. those little machines these kids all have all the iphones and the blackberries and all of, this th

there is certainly room to do better. we must continue to work to do that every day. i think what we have seen in the recent recalls is the system is not perfect and can be improved. if there is information out there, it needs to be shared and acted on. we need to figure out how to do that in a better way. obviously this is not the role of the ntsb. we did not investigate or have information about these accidents but we will be looking in the ongoing investigations and issues associated with recalls. that has been going on for some time. so if we have comments or insights we can provide to improve the process, we will do that. but when the ntsb put out its list in 2012, it called on the government to mandate to ologies that can intervene and motor vehicles to prevent collisions. no mandate was issued but the recommendation dropped from the most wanted list in 2013. are you satisfied the government industry is moving quickly enough? >> no. the government and industry need to move quicker. we mentioned dirty thousands of talent is that occur every year and does occur fo

what do we need to do? >> in 2008 when obama was elected, i actually looked at this problem and thought, ok, is this true in other advanced economies? where the cities always vote left and the rural areas always vote right? and it turns out in europe there isn't a clear pattern. in some european countries the cities are actually more politically conservative than the rural areas and there are maybe a lot of different reasons for that. but that gives me hope that there isn't any inherent -- anything inherent about urban life that necessarily means people must vote more left than rural people. but i do think it's a huge problem and something we need to address and we have to be willing to compete in areas where there isn't a short-term payoff. that's the hardest thing about the political cycle. is the short-term payoff leads us to cultivate the voters that we can win in the near term and that leads people away from ities. >> thank you for being here today. this has been a very interesting panel discussion. i

what do you think about justice -- what do you think, justice ginsburg? >> i do not think so. i think the press played a tremendously important role as watchdog over what the government is doing can and that keeps the government from getting too far out of line, because they will be in the limelight. so, yes, there are all kinds of excesses in the press, too, but we have to put up with that, i think, given the alternative. >> justice scalia, you want to comment on that? >> i agree with that. >> it is hard to keep the freedom of the press because there are many people who do not like what the press is publishing. there was a cartoon around -- just after the revolutionary war, and it shows a tory being carted off by the police, and the caption is, "liberty of speech to those who speak the speech of liberty." so the right to speak against government, against what is the prevailing view of society, is tremendously important. >> including the right to speak against democracy. do not forget that. some of the biggest fights are whether freedom of speech includes freedom to speak agai

>> i still do it.ure. wonderful to talk to you. >> charlie: "things a little bird told me, confessions of a creative mind" by biz stone. thank you for joining us. see you next time. captioning sponsored by rose communications captioned by media access group at wgbh access.wgbh.org >>> this is "nightly business report," with tyler mathisen and susie gharib. >>> whipsaw day on wall street, stocks rallied out of the gate then dropped mid-day only to bounce back by the close. what is causing the volatility and will there be more to come in the months and weeks ahead. >>> and a singular goal, safety, mary barra answers questions since the first heated congressional questions. >>> and taking away on intel and yahoo! earnings that could determine the market's directions tomorrow. we have all that and more tonight on "nightly business report" for tuesday, april 15th. >>> good evening everybody, and welcome. do you own a neck brace? if not,

>> i do.what's interesting is, after they get through the first part, i've had experts -- you asked about design, and one of our design features is a metaphor of a card stack. >> charlie: index cards. that's right, preparing you for a topic or helping you consume information and this is a design metaphor that works particularly well on mobile where you can ben your phone and swipe through from one set of explanations to the next. as ezra was saying, usually the first card in the series, anywhere from five toen cards, is very basic, what is obamacare. as you go through it's a little more detailed, always easy to understand. while the first card for people who are experts might be something that's evident, as you go through each one, i've had a lot of experts on say a topic like jerr gerrymandering sayingw something come through there, i do this for a living and i learned something. >> charlie: people like to learn new things. >> it's a currency,oo. >> charlie: it is currency. in the share econo

age to do it.o for it. >> all these women, each of them, had a moment, like, you call it a eureka moment, they said -- >> an a-ha moment, that can be terrifying. what made these women take the leap? >> i think because we realize, all the women are realizing, if you're 42 years old, your dream runs out on you, it does somewhere in the 40, you raised your family and now what? and, hey, you can live another 40 years, you can live another 50 years, what are you going to do with it? you better have a backup plan, a second dream, a third dream. >> i like cinnamon's dream. this was genius, you knew women loved manicures. you decided instead of us going to the manicure place, you would bring the manicure to us. >> i had a roommate in college who was pregnant with her third child, this is after school, of course, i called to check on her one day, how are you what do you need? she said i would love a pedicure before i deliver. i said let me find someone to come to you. i searched the internet and called salo

they do not have to be bad people. do not confuse the two. so now the court is designed to warrant collection against protected persons. so we have reason to believe that a, b, or c is now the agent of a foreign power. even though they enjoy protection under the fourth amendment -- >> by protected persons you mean americans? >> no, american citizens all over the world and anyone in the united states of america, including diplomats, and any organizations composed of the above. to collect against them for foreign intelligence purposes requires a warrant. in addition, because the peculiarities of the way the law was written -- remember i told you it echoed the law enforcement statute? it put specific restrictions on collecting on a wire in the united states that did not exist for collecting out of the air in the united states. i am not talking about cell phones. i am talking about satellite bounces. >> when you want a warrant on a protected person, what do you have to give to the fisa court? >> the fisa court gets a request for warrant that look

they be doing?ellen, giving kids a voice online, how important is it to teach your kids that they can change with their voice, they have a powerful tool right there within themselves? >> i marine it is the foundation of what we do at kids views, it is about empowering kids to voice their opinions and understand how to use the technology responsibly. there is no reason why kids shouldn't be able to participate and use those rules. it is incredibly validating to do something positive and see a ripple effect and seeing kids around the world joining in or commenting on that video three made. the definition of a friend has changed. it's not just the kids sitting next to you. this touches on your last segment with the bilingualism. the world is much smaller and kids are communicating on a much broader scale every day and it's thrilling and empowering for them. >> we have digitally savvy kids poised for success but what about the less tangible immediate tricks, let us know what you think. using the hashtag

we do not do anything like that with ourselves.we have to wait until we collapse in some form or another before we actually take steps. so i want to stop this wake-up call. i want people to make these changes before the wake up call. >> from my mother -- for my mother elie. how did she say to you and she added to your life and how she was a model that inspired you to believe that you could do anything? >> she is absolutely the foundation of my life. we grew up in a one-room apartment in athens. we had no money. my father was a serial philanderer so they separated. she had an incredible sense of values. she didn't really care about anything material. she cared about our education. so she borrowed. she did anything. -- aas a house copter housekeeper to make money to allow my sister and i to go to college. i had a journey. i saw a picture of cambridge and i want to go there. everybody said, don't be ridiculous, you don't even speaking which. >even though she never got a degree, she loved studying philosophy. >> so your mother was part

do they want the same type of automation that we do? of ink. >> what you are effectively doing is condemning the u.s. is not being innovative. what is your point? i am not condemning america. i am saying you can get much and on the r&d spend technical abilities of the country. you have by far the highest level of technical expertise and r&d spend. a lot of that stuff that comes out of that, ads on the phones fail. i think it will be a good idea to find out how we will make this fit into the lives of people. how we will fit it into the diverse cultures of the word -- world. there are many using the layer and lens to find out what it is like to be a user. to your point of how humanities are important. what is the distinction between humanities and applying humanities. >> look at you now. i am on tv. the point is humanities have been awful at applying themselves. just like visit has engineering, humanities has an ex for humanities. there is a way to be helpful in corporations. liberal artse majors of blackrock casco >> we do hire liberal a

what do you think? >> i do not think so. i think the press played a tremendously important role as watchdog over what the government is doing and keeps the government from getting too far out of line, because they will be in the limelight. so, yes, there are all kinds of excesses in the press, too, but we have to put up with that, i think, given the alternative. >> justice scalia, you want to comment on that? > i agree with that. >> it is hard to keep the freedom of the press because there are many people who do not like what the press is ublishing. there was a cartoon around -- just after the revolutionary war, and it shows a tory being arted off by the police, and the caption is, "liberty of speech to those who speak the speech of liberty." so the right to speak against government, against what is the prevailing view of society, is remendously important. >> including the right to speak against democracy. do not forget that. some of the biggest fights are whether freedom of speech includes freedom to speak against freedom o

they do? middle man in a transaction they have no business beinging in. >> in many ways, that's exactly right. they are trading as if they know the prices before you do. if you come in to buy, they may know that they can buy it cheaper because the price has moved but you don't know that so they buy it cheaper and sell it to you. it's totally unnecessary wall street intermediations. they are puttinging themselves in the middle of the market where they are not needed. >> jon: there's something called front running that is illegal. if do you it with just information. if you find out information about something and it allows you an advantage to buy it before someone else does that is called front running and it's illegal, yes? >> because it's a computer it's okay. >> jon: oh, but front runninging as a person is illegal. but as a computer eh? >> i think it's more generally a problem. people do things with computers they would never do as people. >> jon: are are you looking at me? so this book -- he

we can do it again.f we do, i suspect that many of the people in this room will be at the forefront of that fight. if you choose to be, i thank you in advance for it. if you are undecided, i ask you to consider the alternative. the alternative is a weaker america. that is unthinkable. not just for our children, but for the citizens of the world who need america to be a strong, successful, constant beacon of hope for what their lives can be. so, let us resolve together to confront these problems with honesty, integrity, and with the spirit of togetherness. if we do that, i believe in my heart that the citizens of our state will reward us economic ,rowth, opportunity, freedom and prosperity like we have never seen before, and then, when we put our heads on the pillow at night, we'll be able to say we have done our jobs, and when our time on the earth is over we will

what do you do to protect yourself? >> the first thing you need to do is find out, literally site by site that has been impacted by this what they're doing. they will be communicating with consumers that use them. then what you need to do, once you know the problem is solved, then you have to change your password and do a number of things in order to make sure that you have long and strong passwords, and they're unique passwords. gerri: now, i understand this affects about 23%, or 2/3 of all the sites out there. so a huge preponderance of them are impacted and just to explain when you see the https, in your url at top of the web page, the s is the secure part. i thought this was industry standard. >> it was a industry standard and this was a version of software used by half a million sites or more representing 2/3 of all the sites on internet. gerri: wow. >> it was just one of, like when you get update notifications say, update your software with a patch. think of it, patches for software is equivalent of ants at a picn

where have you gotten the motivation to do what you're doing? getting involved in this kind of thing. >> i guess the people from my hometown. it is a really close knit community in reno. seeing all of the struggles within my own community has motivated me to try to do something about it. >> is there a particular metric -- is there a particular mental or that you have? >> i did an internship at last bring at the progressive leadership alliance in nevada, which is a lobbying group. my internship mentor is definitely my role model. >> tell us who you are and where you are from. >> i am from colorado. >> what about this week? >> it has been amazing. >> are you tired? >> i have had so many cups of coffee, i feel like i am on overload right now. [laughter] >> so what did you learn? >> first of all, we have had amazing speakers. and the other delegates, i have learned so much from each and every one of these people, different experiences from the south. i have never been to the south. a few years ago, my parents asked where i want to go on a family tri

i do not want the thing we should be doing next as the house. the number of long-term unemployed is actually coming down. eating it would be a good sign. have you looked at the numbers? is it because of people losing their benefits in december? >> i have been looking at those numbers. i have not seen it there. we have generally seemed pretty small moves in the household survey. i think what that tells you is that there is eager forces going on in the economy. is bigger forces going on in the economy. we are creating about 200,000 jobs a month. > >> we have heard a lot about the minimum wage. last year the president proposed raising the minimum wage to nine dollars or $9.50. democrats are hung up on the $10 10 sent level. could the white house envisioned .10 level.nd could the white house envisioned a compromise? >> it is clear he is going forward with $10.10. see is the number you states like connecticut passed, that you see some employers to organize their efforts around. .hat is our focus here is >> minimum wage has been such a heavy focus. wh

how do i address that? i am 66 and i am looking toward that 70.5 rmd situation. what do i do?t: you need to keep track of how much that costs you. this happened to a lot of people before roth came around. you cannot deduct your contributions through traditional ira's. a lot of people put after-tax money into ira's. when that money comes out, a portion of each withdrawal is tax-free. you should have a form from when it went in. if you paid $2000 -- let's say you have $2000 in after-tax money. you have to start taking rmd's and you had $50,000. make it simpler for me, say you had $10,000. $2000 is 20% of $10,000. that is a tax-free withdrawal. 80% is taxable. you have to do the math every year. be careful. it is a bear when it comes to be hearing out how much you have to pay tax on. do not overtax yourself. host: from chicago, beverly. caller: hi, good morning to you. in the late 1980's, when the student loan crash happened, my husband was at elkins institute. the school closed with no notice at all. he was never able to get copies of his transcript. he got stuck with a bad stud

you think before we could do that? >> after the break. >> yeah, let's come back to you in the next month. perhaps with a schedule if not the actual hearing. >> because this especially, if we are going to ask the voters for more money, we need to show that we have actually addressed a lot of the problems that were identified in the management audit. >> that is great. thank you. >> thank you. >> great question, thank you very much. >> so, just to follow up, so accountability and delivery and so getting that system together which was one of the recommendations in that audit. and so we have got our transit related projects in the system and now we are moving the street related projects and the next two bullets the review and the cost estimating base line projects so that we can measure our performance over time and look at those 500 days and not have a consultant do it and know where we are having the problems and we need to focus the resources to deal with that. and working with the dpw on following the pavings and we thi

but then what do you do once you've done that? and how do you evaluate those in a realistic way going forward? that's not working, we should look at doing it in a different way. >> thank you, i appreciate it. [multiple voices] >> thank you so much for your presentation and your work on the civil grand jury. >> my pleasure. thank you. >> john anderson, is he here to make comments? no? okay. so, i am going to open this item up to public comment. and right now i have -- i think this is not -- this is for item 4. so, i want to open this up for public comment. are there any members of the public who wish to speak on this item? seeing none, public comment is closed. [gavel] >> colleagues, do we have any questions or comments about this particular item? i'll just wrap it up by saying that i do think it's important that from a city-wide perspective we look at our various departments that provide services through our cbos, whether it's to help individuals with mental health issues or to help family who are struggling or in bad situations,

>> i do. >> you do?now but it will pass. >> i will follow you. >> wow. you ever even seen anything like this? >> i haven't seen anything like this anywhere. >> yeah, me either. >> the thing is, you can see the main pool in front of the window here. you can see the hoi paloi. >> i was thinking of inviting them up to our crib for a party. >> don't you do that. no. >> don't they deserve a good time? i don't know. maybe not. >> not going to happen. >> we're getting back to guilt. do you feel enlightened and inspired by this meal? >> what are you asking? what are you getting at here? you're trying to get at something. >> trying to make myself feel better. i'm trying to prove that i'm down with the people, man. i'm still cool. >> this guilt keeps coming back. you keep bringing up the guilt. >> you're right. i feel guilty. >> what are you doing here if you feel so guilty about it? >> i don't. i don't. i feel guilty about not feeling guilty. >> that's more to the point. now you're being honest with yourself. >>

how do we do that?aterial or putting it into a landfill that helps to protect the environment. from our perspective, we're really the only company that can offer the broad array of solutions for a customer that says i want to reuse it, i want to recycle it. or with some things i want to dispose of it. >> i suppose plates like china, behind in their sense of the environment are going to be great opportunities or very difficult? >> we had a joint venture to do waste energy. look, china may be a little bit behind, but they are catching up very seriously. by the way -- >> it's a strategic. >> absolutely. they're doing a fantastic year. we had a wonderful partner over there. the problem is not growth. there's plenty of growth in china. the problem in china was the margins were low so return on capital was low. we decide to work by investing expertise. like i said, we're the best in the world. we're going to lend our expertise to them to help them build out the waste to energy infrastructure. >> will they say

do? i do not think they should have sold to alibaba.here are few companies that are better positioned for growth. the china story is compelling. you will see it bounce back on tech stocks. there has been too much selloff. >> how concerned are you about the sellout? is this something that will continue? with the intel results in the yahoo! result, it is a big i have relayed. we will get a rally here. the fundamentals for the business seemed good. in 2008, the fundamentals looks good. a couple orders later, they called articles -- fell apart. it is not an ironclad endorsement, the fact that the fundamentals are good. it is think urging. andelling yahoo! -- intel yahoo! have had slightly positive result. that is encouraging. i think that this is a nice sigh of relief. we can expect a rally in the tech space over the next week. >> what is your confidence level in marissa mayer? >> probably a seven or an eight. i think she has taken a difficult job and done a great job. set expectations that she managed to beat. >> that is not too bad. piper

i ain't doing that. i can't do that to myself. i can't even do it to her. i'll be her friend, though, and i'll always be there for her. but as par as being her man and all that, no, i can't do that >> oh, man. i love jake. >> i've got a new girl. that's a different type of girl, like one that i should keep and be nice to. so i'm trying like to learn to be right, you know, because i really don't know. >> whether she is with cowin or not, mcbride will soon leave jail and must again attempt to control her drug addiction in order to raise her two children. >> you're going to have a seat at the usual chair to your left. >> her case manager has known her for two years, a span in which mcbride has been in and out of santa rita on various parole violations. >> miss mcbride has come into custody each time a different persona, a different host of problems, a different level of motivation. and how long that motivation is sustained is questionable. >> in order to take advantage of re-entry services offered by the county, mcbride must commit to a residential drug treatm

let's go do someusess. don't do it, howard! what did you say? i said, "don't do it." yeah.n. we see her. we see her again maybe what we should do is to -- i don'like seeing her twicin a . and mo effectivee if we have her say, "don't do it" offscreen. and they are moving. and the next shot you see them going towards the door. let's try it and see if you like it. i thought you'd want to see her onscreen saying "don't do it!" but i don't think it's gonna work. well, why don't we take a look at it? all right. come on. let's go do some business. don't do it, howard! what did you say? i said, "don't do it." mm-hmm. good. lo. let's move her line up a little bit more because you heart, and they respond right away. it just feels awkward to me. righ let's hear the lin beat, then a response. thk it's going to feel better. yeah. come on. let's go do some business. don't do it, howard! what did you say? i said, "don't do it." yeah. it's getting better. that's good. okay. ♪ (music plays) hey. hi, guys. i haven't seen you in a while. wow. you guys have really grown. look what i brought fo

first of all, was that your aspiration ever as a journalist to do what you do now? and when you're are presented with that opportunity come how did you weight it? and having been a reporter, makes it more difficult or easier for your current job? >> i will start with the beginning of your question. no, i was a reporter, as you know, 21 years, 20 of them at "time" magazine. i loved being a reporter. my formative experience was as a correspondent based in moscow for "time" magazine during the collapse of the soviet union. i studied russian in college which was the advantage i had that helped move my reporting career forward. then i came to washington in the mid 90's and covered president clinton, congress, president bush. i had never really at all thought about serving inside of an administration. certainly not as a job. but as you will find, life happens and serendipity occurs. and shortly after the election in 2008, the day after, a close friend of mine who had been working on the foreign policy deal under clinton and had been working on senate foreign relations com

or are you telling me i should do sports for a living? oh, i do by the way. >> yes, you do. wow. >> we'll watch what happens in terms of whether the team gets sold. i don't expect -- i saw this guy went out to a restaurant and they had a picture of him with his wife who's back supporting him. but you wonder whether he's actually punished -- his life is really not great right now. >> no, it's not. >> i don't think it will ever be good again. >> to your point, even if he sells it, he makes a billion dollars. >> right. >> he probably withins hear. he gets the billion dollars. >> for him that's not a win. >> he'sat home in a cage. >> the other owners will support this. imagine going out and trying to get free agency, if you're that team. the sponsors haven't come back to the table yet. ultimately this isn't a business story. state farm says we're still pausing our relationship with the clippers. >> because he still owns them. >> none of the sponsors will come back to the table until he's out. >> this is a guy that doesn't care if they lose. they lost for decades. >> don't you th