to professor robert engle.looking at singles signals and hopefully they clarify but can a single american model workout with two or three or four america's? -- about that there could how about that bell curve? you got your first gray hair your sophomore year in college. all of the models are based on one curve -- usually a simple bell curve. but john edwards and others say thing -- forget about one curve when you have many in america -- the you buy it? -- do you buy it? >> we use many analyses. we allow the possibility of much more extreme events than would be predicted. that is the way the world is -- the world is continually a surprise so the bell curve does not capture that. fistfight going on among 300 people about who to blame for the financial crisis and steve roach and rabin he and all that -- robert engle stood up and quietly said -- we learned a lot. what did we learn? all thatrned first of the whole economy could be brought to its knees by a weak financial sector. >> its correlated together in the bel

>> i think that... >> one of the police conditions, is that you send them a monthly calendar to engle side station at the first of the month if you have more of an informal, you know, entertainment, that happens, we could strike that but if you do plan ahead too, you know, that? your interest, to tell the station. >> all right. >> okay. >> well... >> sorry. >> you said to, if we wanted to like, make it like... >> well if your interest to let the police station know that you are having events in advance. >> yeah. >> but if you, you know, if there is coming, next weekend and you are not going to be able to have that advanced notice, that is just something to think about. >> okay. >> commissioner hyde and then commissioner perez. >> it is just littles, and it has a tiny space and a microphone like this. >> yes. >> by club malibu and so it is not really even like an entertainment spot and it is very, yeah. >> yeah. so, i just want to say that, and then, did you do out reach to like the neighbors? and stuff like that? and telling them that you were coming into compliance? >> yes. >> yeah.

stephen engle is in beijing with the details. quite a fall for zhou. >> yes.ferentll for a person in similar circumstance. we have known for quite some time that in this investigation was going on and now we have the official party confirmation of expelled for been possible serious violations of political, organizational, confidentiality. the more salacious details, the sexy angles, probably bad choice of words are the moral allegations against zhou, who is the former internal security czar. abuses are said zhou to help friends make profits and accepted huge bribes personally and for his family members and have multiple adulterous relationships and traded favors for sex. it was the allegations about leaking state secrets that is perhaps even more significant because this means formal charges would allow for a closed-door trial on like the other trial which was open. criminal code dictates the suspect cannot be tried publicly if the case contains state secrets. that is important as a former member of the standing committee at the top echelon of power and as a c

nbc news chief correspondent richard engle has this report. >> this was a well-planned massacre. a bloody, eight-hour rampage executed without mercy mplt as the wounded arrived at a nearby hospital, they described the horror. >> translator: we locked our classroom door from the inside. but three attackers shot their way in. and then shot at us. was hiding under a desk and watched in horror as his teacher was killed. she tried to stand up to the gunmen. they shut shot our teacher, he says, and then burned her body. >> nbc was at the scene of today's massacre. push push . >> once inside, they entered an auditorium packed with high school-aged students. the others opened fire indiscriminately and fanned out through the classrooms, firing as they went. pakistan commandos arrived within an hour. but the militants boobie trapped the school compound. others gathered outside the hospital desperate for news. >> many are the children of the soldiers who are fighting pakistan's war on terror. >> this summer, the pakistani army launched a major offensive flattening villages, confiscated weap

. >> reporter: ocean avenue in san francisco's engle side neighborhood.new apartments, new grocery stores. >> it is still the same and i like it. >> reporter: it has been here more than 50 years. the paint chipping away on the original sign. >> it is because i like old timey vibe to it from the 50s. >> i love the hamburgers and the fries and the milk shakes. >> i used to come here in college at san francisco skate. we came here late at night. >> reporter: it was that bit of nostalgia that sparked a career change for samantha wong. >> i was tired of the corporate life and i wanted to do something on my own and be my own boss. >> reporter: the one thing she didn't want to do, change it. not only is samantha preserving history, she is also working to change it as an asian american business owner. >> reporter: she may be small, but she is part of a bigger trend. the u.s. chamber of commerce say women own 30% of new businesses in the united states. samantha says ... >> a lot of people when they come, they think i just work here and i'm like, they are like can

like to say that, if they should have any special celebrations, that that is when they should notify engle side station if you should have a special party or a celebration of some sort that might be larger. and than, it will be great for you to be in touch with them so that they can help. >> and so i would like to approve it and adding number 8. >> so, the motion is to approve the permit, and strike all of the police conditions, except for eight and h, is amended to say... >> any special celebrations or performances shall be provided to the engleside station, one week in advance. >> but that is significantly different than a monthly calendar. >> you know what? i have been there and i don't think that this is a place that has a monthly calendar. you know? >> i was just going to say that i think that number 8 is not necessarily helpful. i mean, again it does not allow them the flexibility to add things at the last minute and i mean, i am not really sure why it is relevant and so amending it to bigger celebrations seems relevant. >> right. >> right. >> okay. >> yeah. >> great. >> there is a m

has engle talked about addressing volatility interest?earned a lot the last 30 years and we have also learned what we do not know. what we are trying to figure out is what a global economy looks like with insufficient demand, as he pointed out, and this accommodated unconventional policies. we don't all know what the endgame is. x our next guest has a killer bowtie on. isabsolutely, david skorton here come outgoing president at cornell university. the class of 2015 will be looking for jobs for the first time. are they graduating into a better job market, david? justings are improving, like everything of the american economy, but i have to say perhaps the session only -- perhaps especially in the worst of the recession, the value of a college education really shine through. i want to jump in on the education affect of what our colleague was just talking about. this discussion you have had in every thing you have been talking about since early this morning is applied math, metrics, economics, but there are healthy openings of political scie

laura engle looks how this compares with other aviation disasters. what do the numbers show us?trace. if this airasia flight confirmed to have gone down killing all on board it would make 2014 the worst year for loss of life in civil aviation in the last nine years. that is according to the netherlands-based, aviation safety network which compares of death toll of plane disstares in 2005 when 1114 people with killed in air passenger accidents. this would bring this year's total loss of life to 924. eerily similar scenario happened this year when flight 370 vanished off the radar. that plane has not been found. when planes go down suddenly and vanish chances are we'll know the this case soon. >> there are two separate type of incidents two different airlines. i think in this case what we have is an airliner on a relatively short three-hour flight that ran into bad weather. something caused it to come out of the sky. >> even before the airasia jet went missing in bad weather on sunday between indonesia and singapore, some 762 people had lost their lives in seven fatal accidents th

. >> laura engle thanks very much. jon?: 2014 a very big year for news coverage from the midterm elections in this country to international stories like the fight against ebola and isis. so what did the media get right and wrong in the past year? joining us now with their scorecards, a look back at the biggest stories alan colmes host of "the alan colmes show" and tammy bruce radio talk show host and fox news contributor. welcome to both of you. hard to believe we're at the end of 2014 already. give us your media hits and miss. >> not enough coverage of the kardashians. i think we needed more of that. don't get enough front covers of tabloids. how about the fact that the afghanistan war ended over the weekend and almost nobody talking about it, with a yawn after 13 years of the war is literally declared over at least combat operations. very little attention. we overcovered ebola. we got all scared and this would take over and infect so many thousands of people. thankfully it did not spread as much as we thought. health care

chief national correspondent jim engle with the latest plans to deal with the so-called death panels. >> reporter: there is one part of obamacare that even many democrats want to repeal, a board that has the unimpeded right to cut medicare spending just as the baby boomers are retiring. >> we have almost 230 bipartisan cosponsors of this bill, and it's not a partisan issue. this is a bipartisan concern. >> reporter: the house passeded a bipartisan bill two years ago to eliminate, with 27 democratic votes and even liberal barney frank. the reason so many oppose it is the president would appoint 15 people who would lend increases in medicare spending to 1% faster than economic growth. and the law limits review of its decisions by congress and the courts. two republican physicians, senator tom coburn wrote in the wall street journal that it's an administrative agency whose actions can cannot be checked. this set up shreds to separation of powers that is fundamental to the u.s. constitution. that's why they're asking the supreme court to review the matter. >> there's no other constraint o

. >> myself and the ranking member elliott ang engle of new york, we will host a debate on this issuend likewise in the senate and the senate will also in january bring up the authorization and the president, of course, asserts he has the power. >> he does. >> but he is asked now for an authorization and i believe that congress will give him the authorization within the parameters that he calls for. >> i can't let you go without asking you about "the interview," the movie. not this, the interview. it will be in theaters tomorrow even locally around here. even online. will you watch it? >> i certainly will watch it. when they put out the satanic verses and the fatwa was on his life and the ayatollah said basically transmitted the message, if you publish this you will be killed and so will any publishing house. he said, you know, books are life itself. the freedom of speech, the freedom of speech is life itself. i'm going to exercise it and the publishing houses, you know, stood with rushdi on that. stephen king said if you don't carry his books you don't carry mine. that's the proper r

at the intersection of engle and west 12th street. police say the shots came from a pedestrian bridge and the shooter took off. the gunfire did not hit anyone. >>> a developing story in west virginia. a manhunt underway after four people are killed in three separate shootings. the happened in the morgantown area. police are looking for one man who they think is connected to all three shootings. local schools were put on lock down. west virginia university says there was no immediate threat to the campus. >> lame duck congress returns and lawmakers up against a tight deadline to avoid a government shut down federal government runs out operating money in just 10 days but it's not clear if lawmakers will extent the current budget. republicans are split with some threatening to hold up funding. >> i don't think it's good for the congress, good for the republican party or the people for us to be bogged down between a budget debate between you and end of the year noon next year. >> over the next two weeks congress has just nine working days

richard engle was a correspondent, not a commentator, calling this a despicable program.time, he said it was hard to fault the cia because it was doing what the bush white house wanted. >> there was a lot of hypocrisy going around, and it started at the white house when was critical on this report. at the same time they're droning people. and it was interesting to watch our own press journalist on this, a reporter going head to head saying, how do you claim the moral authority when you guys are droning people and yet you're so critical of the torture program? there was no out for justice there, howie. what did you think of that exchange? >> i think it was an important question henry raised, and it seems to me there is a lot of monday morning quarterbacking some years later, whether it was obama administration people or other critics. john mccain is also supporting this report who says we should not have done this, this is not who we are, this is not about our valuesat does, regardless of where you stand on these techniques, i think that does wrench some of this out of con

stephen engle joins us with the details. what a fall? >> yeah, it was.n about some time. the party here has announced zhou has been expelled for alleged serious violations of organization and confidentiality discipline. the more salacious details are corruption and moral allegations against the former internal security. abuserties saying zhou his power to help friends make profit and accepted "huge bribes personally and through his family." allegedly had an adulterous relationships and allegedly again traded favors and money for sex. those are the salacious details. statelegations he leaked secrets is the most significant because it means formal charges would allow for a closed-door trial. the criminal code in china dictates that a suspect cannot be tried publicly if they case involves state secrets. as a former member of the standing committee in the previous administration, he was one of nine powerful man -- men and the spying apparatus 80 could spill a lot of dirt on others. do comeely if they down, it will be a closed-door. another trial was public a

military the national security council staff, where there is undoubtedly as you know and as rich article englet amount of friction. >> the a.p. did a story talking about that friction or rift between the president and the pentagon. and we're about the white house micro managing pretty much everything. you've seen the relationship up close. is the administration well in a way, shooting itself in the foot on this? >> well it's hard to tell. these are people i have known for many years. the fact of the matter is this is a very closeted national security council staff that winds up in the end doing politically what the president wants and then disagreeing with the secretary of state as well as the secretary of defense. both leon panetta and bob gates have written books as well as clinton, explaining the differences and disagreements, particularly with respect to syrian policy that emerged during the obama administration. and that is largely rubbed what is essentially the key national security secretaries the wrong way. carter who has been second in command at the pentagon has an intellectual pedig

engle at this time, whose long held observations on syria have proven prophetic.e has seen things as they really were on the ground frankly before many and suggested a strategy to engage isis before this committee some two years ago. while we it a for the ranking member, my suggestion would be we go, ambassador to your testimony, and if you conclude he will make his opening statement. ambassador mcguirk. >> involuntary manslaughter ambassador mcguirk, who recently served as deputy special envoy for isil, working alongside general howe. he currently served as the deputy assistant secretary for iraq and iran. he was previously senior adviser to the ambassador crocker, christopher hill, and james jeffry in baghdad. without objection, the witness' full prepared statement will be made part of the full record. members will have five calendar days to submit statements and questions and extraneous material for the record. and ambassador, if you would please summarize your remarks. thank you for being with us. >> thank you, chairman, members of the committee. it is an hono

then last year when our engle berg center on health care reform at brookings needed a new director she volunteered for that job. i'm not sure volunteer is the right word but we'll leave it at that in the holiday spirit and done a great deal of work on health care over her career as well. henry aaron, is simply one of the greatest health care economies in the country and has been at this for a long time in our economics studies program. he is affiliated with a number of other organizations around the country that work on matters of health care and institute of medicine, american academy of arts & sciences and number of other organizations. i look through his resume' recently and realized that we should probably make greater use of him in the foreign policy program because i think his master's degree was actually in russian studies. that may help for some. aspects of our health care system i suppose. finally jack mayor, executive vice president at booz allen hamilton. we've been glad to have jack part of our brookings efforts over the years as well just as bob and others kindly helped us