ee ha!hink, well, i think the reason stocks went up, bonds went up, and gold went up is because people are thinking that maybe the economy is a little weaker than we expected and as a result maybe the fed will be tampering the tampering. lou: what we're giving up here? think about how many -- how many hundreds of billions of dollars we're giving up for a lousy 10 or 20 billion a month from the fed. i mean, that's just mind numbing to me that investorshink that way. of course thy do. >> sure. >> well, the fed -- our chief economist sort of equated qe3 as one of the family member over the holiday who doesn't leave. and the fed wants to get e3 out of the way. and they're going do it, if the data support enough they can, you know, in the sense remove all of that stimulus. lou: we have this unemployment report. 6.6%. this is powerful stuff. except it is -- it's not really. it's still pointing to a half speed recovery. still pointing to gdp growth and might be around 3% for all of 2014. there were

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has true impact. one report that trans cents the ee femme mer ral and has a lasting presence in the market and that is the labor department's nonform payroll report. it comes out on the first friday of every month and including next friday. we've figured the last employment report was weak and making this the worst january since 2010. if you are a bull, you may hope that is influenced by bad weather that did bruise the economy. based on my get rich carefully research, i can tell you that one weekly employment report will be dismissed as long as it is followed by a strong one. if we get two bad reports in a row, we'll see some real weakness in the stock market. and you'll see a ton of talking heads chattering about how the economy could slip back into another recession. i know it is hard to believe. we just had a very strong gross product number but trust me recession will be the chatter. the market is placing a bet on a very weak number. interest rates have plummeted. and while i feel the 5% or 6% decline during today's recession has overly punished many stocks, i can't be crazy bullish knowing this n

often have the political commentary the debate over why is the public pessimist irk about the ee stock market haseen increasing at least marginally. you have the labor force participation numbers. people are giving up which is one of the reasons you have unemployment rate dropping and that's the lived reality of people out there. that should be the foremost priority in washington. everything should be geared to how you address the jobs crisis and create more jobs. >> you have to are priority. i think it's a question do you agree with the priority washington has. now, janet yellen, the new head of the federal reserve disconnected also in washington. she had interesting comments when she was interviewed by congress about what she intended to do. listen to this. >> wear a lot of different hats. they play many different roles in the economy. they may be retirees who are hoping to get part-time work in order to supplement their income. >> if you parch it carefully what you find out is she is saying perhaps the older people instead of trying to save and invest savers are getting terrible return because

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now for many this scene with any of my renewed lease on the international metal ee pc in recent years the us has cemented its reputation in siding with the anti government opposition movement taking place and sovereign country such as teach jack. eat out. libya and syria. but in the case of ukraine. us officials are actually flying over the atlantic to get sick and possibly categorized with pro european union protesters howard played the critics say walking to work and that if the roles reversed the dogs china or russia or any other great power up or even a regional power like iran. i came to the u s sen and now it was encouraging the protesters. there would be a hue and cry from the american media. i like to hear before they would say why are these people interfering in internal affairs but of course united states that serve as a double standard because it often interferes in the affairs of other countries and thinks that nothing about it in all fairness critics say the us does sometimes self restraint when it comes to foreign conflicts for campbell and bahrain as pluto and deadly crackdown aga

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you have a deputy chief of staff who has told someone,ee yat a big traffic jam on the busiest bridge in the world, which is in your state. that traffic jam goes on for days. it goes on for the better part of a week. it is highly controversial. given everything we know about the dimensions of the christie, team christie's model of what happened at the george washington bridge, and chris christie's response being, i knew absolutely nothing about it during -- while it was happening, before it was happening. and they absolutely could not possibly have done it because i wanted them to. what are the odds of those elements being true? >> it's hard for me to believe, lawrence. i've worked in the governor's office. my state is a large state, as is new jersey. i had a close knit group of people that i worked with on a daily basis, as did chris christie. now, during his two-hour press conference, he tried to deflect some responsibility, i think, by saying oh, i have 48,000 or, you know, several thousand state employees to look after. but we're talking about his five or six closest employees. pe

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reflex of veryone to criticized congress because they think that public.es with the it truly has become to some of ee a horror show because the increased partisanship and polarization; however, it is an established hat is by the first article in the constitution. if we don't nurture it and good people do not go there ask and staffers do not go there one of ll have is the those chamber of deputy french third the republic. i don't want that. of nt young people instead going to wall street to go to ongress or to go to the executive branch. >> we invited to you come talk that you wrote about the bob gates book. we'll get to that in a second. bob t to go back to the gates book and another quote -- >> i know you've read this book. what do you think of that characterization? >> occasionally that's true. wish he had cited more instances of that. ometimes executive branch fficials are very carefully trained and vetted and screened through murder boards that at their executive agencies not to tell things to congress and seem to be answering the question and not answering the question. certainly do not believe

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ee street expressway. interstates look beautiful. from maryland has no problems or delays. annapolis is moved without delay. things are looking good if you y.e the beltway on th >> it started in a harvard dorm room and then became a global sensation. >> facebook turns 10 years old today. i have been facebook in for a decade now. zuckerberg's dorm room project turns 10 today. a decade ago it was called the facebook and it looked like this. users,has 1.2 billion used by 57% of adults. angry birds of taken the world by storm. top on android devices. way wes looking for the charge devices. the company is looking to shoulder and wireless charging options for its upcomingi watch. this was shot entirely using the iphone. those are your tech bytes. i am martha gonzalez. >> here is news around the nation. a convicted killer that escape from a prison has been captured in indiana. he was arrested monday evening. a deputy investigating a vehicle theft recognized the car. a woman who abducted a safe. >> a lunch lady is asked -- facing criminal charges for saying she was going to shoot u

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