fitch, too.le rating system is broken because as you pointed out in your excellent piece leading up to this, that the rating agencies are paid by the investment banks. any time they are paid by the investment banks as their employees--their own employees pointed out, they're going to do what the investment bangs have banks have asked them to do, which is to rate these cdos. there were thousands of these cdos and cdos squared and all sorts of squirrly securities that were rated triple-a. and the reason why they were rated triple-a, that's what the banks wanted them to do. they did exactly what they were paid to do. the model is broken, all these ratings agencies that have this model should pay. the litigation should be brought against them. i don't i don't why it's just s&p. moody's was just as bad. fitch was justed a bad. >> jennifer: maybe they only had evidence to go after them first. i don't know why you don't rope them into a global settlement. the issue of conflict of interest is interesting

why wasn't moody's and fitch included?erri: a very good question and the one people are making today. the financial inquiry commission here is what they said, agencies were cogs in the real of financial destruction and enablers of a financial meltdown. >> that is a great sound by. those are great for lawyers like me but they don't win lawsuits. you have to have evidence and facts but i could point* to 100 different things, that resulted in the financial perfect storm. so to say they are the cog in the real, should they not give aaa ratings, probably not. gerri: there were the last stop, the last break in the system, people getting mortgages in over their head the banks gave them the mortgages. by the end of the day the investors are looking for advice if it was a good investment they all said sure, we like it. >> altogether i agree. they were supposed to be the safety net if they had all done their jobs this could've been avoided. if s&p said it is john finn the others give it aaa, that does not solve a single problem or s

would retain its aaa from fitch or face a downgrade.mum, put in place $1.6 trillion of deficit reduction over next ten years on top of the sequester. the issue on the sequester is it is ugly, it is fund loaded, it is not good for the economy at this juncture. if they reprofile it and make it more targeted, more smarter, then that would certainly be a positive sign. but the bottom line is it is more or less -- they can't abandon the sequester and put nothing else in its place. they would do that, that would likely result in a downgrade. >> so, david, that $1.6 trillion, i guess the simplest way to ask is how much time will you give them? what is your method ology suggest in terms of the deadline they have to meet to keep aaa? >> they need to put in place a plan during the course of this year, we said that we will resolve the outlook, one way or the other, during the course of 2013. if you can't do a deal in 2013, sort of when is a deal going to be done? and further delays in reducing or reaching agreement on -- of reducing the deficit wi

fitch was not called back. and, of course, pete williams of nbc news reporting that the investigation by the doj is focusing on whether or not some higher ups and s&p actually ignored the warnings from some lower level managers about putting tougher ratings, or, i should say, less or not putting these high ratings that they put on a number of these mortgage-backed securities, which, in the end, were found to be very risky and filled with sub-prime mortgages. back to you. >> mary, thank you. >>> coming up next, the case for going on a home shopping spree. we get it from a real estate titan. he's got big money at stake. >>> but first, all pumped up over facebook. pete and steve clash over whether you should buy shares of the social media giant. that street fight is up next. hello! how sharp is your business security? can it help protect your people and property, while keeping out threats to your operations? it's not working! yes it is. welcome to tyco integrated security. with world-class monitoring centers and t

of pissing off too many clients and jumping the gun ahead of moody's and fitch.y they're bringing a case. do they have a case because of mem -- memos like that. >> it very well could be. the gravamen of the case is not that the ratings were bad. that would be hard to bring because even though most people believe the ratings were bad. rather their case that standard & poor's purported to be independent and it wasn't independent. so it lied about its bias and its own conflict of interests. that's an easier case i think to try and make. david: harvey, let's pull back just a minute and look what's happening with regulations, not only those put forth by justice and sec but by others. there seems to be an attempt by people in government to use regulations, not to fix things, or to make us safer, which after all is the purpose of regulations but to expand the power of the federal government. is that a fair statement? >> i think it is and in one sense, david, this case is a classic example because you have one agency, the sec, which requires some of these credit ratings

there's no economic data for abercrombie & fitch and "the washington post." >>> keep an eye on hewlett-packard, the pc maker's quarterlies topped. the tax code gave and the tax code tooketh away at walmart. earnings were up but refund took it's toll on the bottom line. >>> a two-year study tells a staggering third of seafood found in restaurants is mislabeled. snapper misrepresenteded a whopping 87% of the time. >>> united airlines says its boeing dreamliners won't fly until at least june 5th. meanwhile japanese investigators say they found the cause of fuel and other causes but they're still investigating the 787's more serious battery issues. >>> americans who have a tv hooked up to a cam will be counted in voting. we'll have more on that in entertainment. >>> good news for america's wine industry, new figures show wine exports set a report of more than $1.4 billion in revenue last year. brand you clean those wine glasses a national survey conducted by a home appliance maker found more than 40% of americans fight about loading the dish war washer. 60% argue about whether dishes should be pre

why s&p, not moody's and fitch. >> it looks very bad s&p.graded us, looks like revenge. >> downgraded united states government. >> not cnbc, of course. it just looks very bad. remember, one of president obama's big donors is a big owner of one of the competitors moody's not sued. this is causing a lot of doubt about the case. people don't think it looks right. >> revenge is what it looks like. but they are spending a lot of dollars -- >> we don't know if they might go after fitch or mood yzerman. >> that's right. if we did get something like a global settlement, it could be bad for all the businesses. look what happened to wall street research analyst after global sentiment of 2003. that business had its legs taken out from under it all together. the end of this case may be a big problem for all. >> there's the gong, mercifully. we move on, new scandal shaking up the sports world. this time in soccer with evidence tying hundreds of global matches to an asian betting syndicate. this may reach into the english premier league and elsewhere. >>

. >> fitch around with yesterday that the u.s. could lose its top aaa rating on debt. that will fall in part dealing with the shoulders of this man jack lew, confirmed as treasury secretary yesterday. 71-26 vote. >>> so far, the markets aren't showing too much concern about these cuts. the dow surged 175 points yesterday. let the good times roll there. >>> senate hearing over the future of gun legislation turned emotional yesterday. the father of first grader jesse lewis fought back tears as he shared photos of his son. he's a supporter of the second amendment called on congress to ban assault weapons and address mental health issues. >> jesse was the love of my life. he was the only family i had left. it's hard for me to be here today to talk about my deceased son. i have to. i'm his voice. i'm not here for the sympathy and a pat on the back. as many people stated in the town of newtown. i'm here to speak up for my son. >> also testimony from the e.r. physician who was on duty the day of shooting. he said that the massacre was a tipping point in health issue. >> when

first up, fitch ratings downgrading the mcgraw-hill company to bbb plus.om an a minus and put the company on watch for possible further downgrade. the downgrade is the result of the u.s. justice department's five billion lawsuit against its standard & poor's subsidiary. >>> new york attorney general eric schneiderman investigating three ratings agencies following the government's lawsuit against s&p. reports say schneiderman issued a s&p to s&p and sent request for information to moody's and fitch ratings. >>> china auto sales setting a monthly record in january. the china association of automobile manufacturers reporting sales surged 46% to more than 2 million vehicles. >>> the newspaper union that fought tribune over a $67 million executive bonus proposal is asking the court to order tribune to pay the legal fees the fees total $358,000. >>> financial services going public in hopes to raise $290 million. they are filed documents for a initial public offering. that is today's speed read bus bus. david: bingo. right on the mark. home sales rose in 2012 to

there's no economic data and few earnings on deck to move the needle for abercrombie & fitch and "the washington post." >>> keep an eye on hewlett-packard, the pc maker's quarterly results topped expectations. >>> the tax code gave and the tax code tooketh away at walmart. fourth quarter earnings were up thanks to corporate tax credits but higher payroll taxes and delayed refunds took a toll on its bottom line. >>> a two-year study finds a staggering third of seafood sold in grocery stores and restaurants are mislabelled. snapper and tuna were the biggest culprits. snapper misrepresented a whopping 87% of the time. >>> united airlines says its boeing dreamliners won't fly until at least june 5th. meanwhile japanese investigators say they found the cause of fuel leaks and other problems but still investigating the 787's more serious battery issues. >>> americans who have a tv hooked up to a camera will be counted in nielsen ratings. the move comes a day after a bold move by billboard. we'll have more on that in entertainment. >>> good news for america's wine industry, new figures show

look for earnings from abercrombie & fitch. the dow fell to 13,8880. nasdaq slipped 31 points. >>> addresses were accessed by a hacker who attacked a company that manages their requests. social media sites say no passwords were compromised. it is used by some 25,000 companies. other customers include disney, sony music and groupon. back to you. >> could have stolen my pinterest chicken pot pie recipe. who knows. >> we need to logon and check it out. friday keeps getting better and better. feel-good friday at 4:46. christina loren here to talk about chicken pot pies and nice weather. >> who are we kidding? we're not about to get in there. >> i'll make it for you. >> i like that. i like that. that's a great opportunity for us. if you want to get cooking this morning, it's going to be a good day for the chowder. cool enough for that. or you could make that's outdoor lunch plans. a beautiful winter day shaping up across the bay area. similar to yesterday. yesterday we got spoiled. today will be even warmer. starting out mild in places like san francisco. 4

what about moody's & fitch.ustice department officials were no help when asked about that on tuesday. >> this case is about s&p. we're here to talk about s&p. to the extent that there are or are not other pending investigations going on, we're not going to comment about that. >> all you've got to do is read between the lines in this $5 billion complaint, and it's pretty clear the other rating agencies are not out of woods. the whole case against s&p is predicated on the idea that s&p was lowering its standards and ignoring them in fact in response to other agencies that had already done the same thing. august 2004 a senior executive write the structured finance team is aware of the competitive threats that moody's is taking in mortgage-backed securities and has authorized us to take certain actions. is moody's next on the government hit list in the justice department still won't gent, and moody, of course, said it did nothing wrong. how high are the stakes? this week standard & poor's hired john kee ker for the

- recognized," a requirment for investment in some cases, leaving standard and poor's, moody's and fitch to control 96% of the market. then, the rating agencies became consultants to wall street, coaching how to get the best ratings, then evaluating them. "it's definitely a broken system. it's full of conflicts of interest to consult and then pretend to be objective raters of what they'd constructed." dodd-frank reforms are beginning to address these conflicts, but they cannot undo the harm inflicted on families with money in pension plans, regional banks and credit unions that bought riskier-than- presented investments that failed. "all of the ratings services, everyone relies on these. if they can't trust the data, they're making bad decisions for hundreds of thousands of investors." a key to the government's case is the claim that there was an ongoing debate within s&p over whether to upgrade computer programs which prosecutors say would have led to harsher ratings - and in turn may have hurt the very companies paying s&p for its research. s&p denies that it used more favorable softwa

standard & poor's, moody's, and fitch. a have come out -- they have come under a lot of criticism since the financial meltdown. they have been accused of dropping the ball, not seeing the hundreds of billions of dollars that were soon to be written off. the agencies were saying the opposite, things are looking rosy. five years on from the financial crash that triggered the global recession, credit rating agencies may finally face some legal fallout. that is because the u.s. government now plans legal action against standard & poor's, accusing the company of giving top recommendations or triple-a credit ratings to some mortgage investments when they knew the products were not safe. this is pretty important. we are talking about pretty powerful players in the world of finance. these organizations rate the credit worthiness of companies, government, and currency, with the aim of giving investors an idea of whether it is a safe place or not to put their money. but there is a bit of a problem with the system. that problem is th

>> are we reading too much into a couple of data points from walmart or nordstrom or abercrombie & fitch in that we only have a couple of months in terms of the payroll tax increase. we are beginning to see as walmart pointed out the increase of tax refund checks. as they continue to roll into consumers hands, we could see a pickup. it could be an offsetting factor. walmart numbers ended up being not too bad. i am not sure how much you can put into walmart. i don't think the quality is going to be really high. that sector of the market has been in trouble for a while. we've been looking at the other parts of the market, the coors and ralph lauren and the companies that are doing better, appeal to the higher end of the market. the walmart and dollar stores are in trouble. >> you are taking a look specifically at the home building sector. >> yes. the etf that covers all the home builders, all the big once. a lot of building suppliers. >> home depot, sherwin-williams, temper pew dick. >> not just a play on the home builders. what caught my eye was the move on toll brothers. it was trading i

teen retailer abercrombie and fitch got through the holiday season with less discounting, helping improve its quarterly profit margins. but that was last quarter. the store's outlook was cautious for this quarter with árter performance later in the year. but shareholders and traders were focused on the here and now, sending shares down 4.5%. however, earlier this week, shares traded at a nine month high. four of the five most actively traded exchange traded products were stronger with the japan fund up 1.6%. the s&p 500 volatility note fell more than 3%. and that's tonight's "market focus." >> tom: u.s. housing and the chinese consumer. those are two bright spots for tonight's "market monitor." david lefkowitz is senior equity strategy at u.b.s. wealth management. david, let's begin here at home. what gives you confidence in u.s. housing? >> tom, there's a couple factors that we like about u.s. housing. first is that there's still a fair amount of pent-up demand for housing. housing starts are running at levels still below normal. normally we'd see about 1.5 million starts. we're at 900,0

fitch all took money under the table in bribes to give faulty or dishonest ratings they rated toxic securities that were in the paper they were printed on aaa rating they were worthless they're all witness to the fraud so now citibank is going to try to whack him moody's which is as it is a big position moody's by warren buffett so he may have to a let one of us captains moody's get whacked because they're a witness to the crime so as the gets different more and more difficult to. to repeat the same con. the money is tight even in the professional circles of larceny that is wall street so now there are more in about the about the whacking business however in this case s. and p. decided not to settle with the department of justice they actually want to go to trial because they reckon this is so absurd is beyond absurd that even the normal person out there is going to see how absurd this is it's so high hard to hide the absurdity of something is going to end up in the witness protection program for. rating agencies because they get whacked no make up protection right now i mean one of those guys

fitch all took money under the table in bribes to give faulty or dishonest ratings they rated toxic securities that were in the paper they were printed on aaa rating they were worthless they're all witness to the fraud so now citibank. is going to try to whack him moody's which is as it is a big position moody's by warren buffett so he may have to let one of his captains moody's get whacked because they're a witness to the crime so as the it gets different more and more difficult to. to repeat the same con. the money is tight even in the professional circles of larceny that is wall street so now there are more in about the about the whacking business however in this case s. and p. decided not to settle with the department of justice they actually want to go to trial because they reckon this is so absurd is beyond absurd that even the normal person out there is going to see how absurd this is it's so high hard to hide the absurdity well something is going to end up in the witness protection program for. rating agencies because they got to get whacked on my competition right now i mean one of th

the number of spots available at fitch park is down to one, scott feldman is the no. 4 starter behindbeen waiting to hear. i was looking forward to this season start and contributing in any way i can. scott baker is likely to start the season on the dl weaving travis wood as a favorite for the no. 5 spot across the valley john danes tested out his shoulder he threw 04 pitches mostly for strike and he said afterward that he hopes he can regain the form that made him so effective two years ago. i have been dealing with this for so long now i forget what it feels like to be healthy sometimes. things are on the up. we are very happy for him a healthy jon banks would mean a lot to the white house this season. that is sports and we send it back to you guys in chicago. good night that is the news for this thursday night. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill eac

fitch all took money under the table in bribes to give faulty or. dishonest ratings they rated toxic securities that were in the paper they weren't printed on aaa rating they were worthless they're all witness to the fraud so now citibank is going to try to whack him moody's which is as it is a big position moody's by warren buffett so he may have to a let one of his captains moody's get whacked because they're a witness to the crime so as the it gets different more and more difficult to. two to repeat the same con. the money is tight even in the professional circles of larceny that is wall street so now there are more in about the about the whacking business however in this case s. and p. decided not to settle with the department of justice they actually want to go to trial because they reckon this is so absurd is beyond absurd that even the normal person out there is going to see how absurd this is it's so high hard to hide the absurdity of something is going to end up in the witness protection program for. rating agencies because they get whacked

fitch all took money under the table in bribes to give faulty or dishonest ratings they rated toxic securities that were in the paper they were printed on aaa rating they were worthless they're all witness to the fraud so now citibank is going to try to whack him moody's which is as it is a big position moody's by warren buffett so he may have to let one of us captains moody's get whacked because they're a witness to the crime so as the gets different more and more difficult to. to repeat the same con. the money is tight even in the professional circles of larceny that is wall street so now there are more in about the about the whacking business however in this case s. and p. decided not to settle with the department of justice they actually want to go to trial because they reckon this is so absurd is beyond absurd that even the normal person out there is going to see how absurd this is it's so high hard to hide the absurdity of something is going to end up in the witness protection program for. rating agencies because they get whacked i'll make that prediction right now i mean one of those gu

fitch all took money under the table in bribes to give faulty or dishonest ratings they rated toxic securities that weren't that they. they weren't printed on the aaa rating they were worthless they're all witness to the fraud so now citibank is going to try to wakeham moody's which is as it is a big position moody's by warren buffett so he may have to a let one of his captains moody's get whacked because they're a witness to the crime so as the it gets different more and more difficult to. to repeat the same con. the money is tight even in the professional circles of larceny that is wall street so now there are more in about the about the whacking business however in this case s. and p. decided not to settle with the department of justice they actually want to go to trial because they reckon this is so absurd is beyond absurd that even the normal person out there is going to see how absurd this is it's so high hard to hide the absurdity of something is going to end up in the witness protection program for. rating agencies because they get whacked i'll make that prediction right now i mean one

abercrombie & fitch, teen retailer, down 5%. comp sales unimpressive. umbrella not doing as well as they host. europe an issue. holidays sales were an issue and also announcing they will close some of the underperforming stores. look at a company which was bailed out back in 2008, aig. they obviously ended up being a bigger bailout than anybody had anticipated but now we're hearing, aig, the stock up 1.7%. the couple things to note, ceo, benmosche say bonuses will be less than originally anticipated. some of their underlying business trends, life insurance, underwriting margins have been doing better, casualty businesses overall doing better for the quarter. you see an up arrow for aig. back to you. adam: nicole. thank you. we'll check in with nicole petallides in 15 minutes to see how your money is going. shibani: americans are shelling out more for gas while taking home less in their paychecks. we'll ask steve forbes if this could put us back into recession. that is something people are talking about. we'll get his take on it. adam: but first here is

shares of abercrombie & fitch getting a boost in premarket trading.ing better than expected earnings and raising its dividends, as well. the european union's antitrust regulator is widening an investigation into expected unfair fixing of lending bench marks like libor. and citigroup says it has overhaled an executive pay plan that shareholders rejected last year as overly generous. that bank's going to now be tying bonus payments more closely to stock performance and profitability. joe? >> all right. thanks, becky. check on currencies, and gold with our trading bloc. joining us from new york is boris schlossberg, bk asset management managing director and from tampa, tom o'brian, editor of the gold report. i've got to start with you, tom, just because in the past you have not been -- we had the guy from the gold, i forget what he is, the gold council or something, and i just wanted him to admit just maybe gold doesn't go up every year for infinity and i couldn't even get him really to acknowledge that. you in the past have talked about gold maybe being

. >> dana: americans in abercrombie & fitch outfits. >> dana: we are so worried by the freedoms threatenedwe are sitting on soft soil, man. it will withstand it. it's okay. they need to know about burqas -- >> andrea: but they misinform them. they push a "washington post" article how violence in egypt is democracy not muslim brotherhood. if you teach about culture and religion, teach it accurately and what radical islam does. how about buildings that burn down in new york city. >> dana: field trip to new york city and pennsylvania and d.c. >> bob: the "washington post" story is correct. >> andrea: quickly, we don't have a lot of time left. university threatened to disclose student's grades if they apply for gun permit. this is the university of iowa. they suspended the practices of sharing student info with the law enforcement officials so if you want a concealed carry permit, you are now at risk of having your information all over the campus. >> dana: this is why president obama never applied if arrest gun permit. >> greg: very funny. well done. i don't know -- i think it's wrong about th

you go to abercombie and fitch in the afternoon and they know what to play too make us buy things. >> if i can't dance to it, i am not happy. >> winston churchill said that. apparently i don't have time. >> it is time to take a break. more stuff is on the way. buy my book, "joy of hate" amazon.com, g gutfeld.com. >>> go ax murderers. they find that people who use the internet at work spend time doing things unrelated to their job. researchers say the phenomenon accounts for 80% of the time spent by employees surfing the web. while many restrict access to certain websites, those opposed by employees need freedom in the office as well as something to masterbate to. jonathon? questions, answers, comments? >> a a lot of people only use it three at a time. jedediah, i am guessing people were goofing off at work long before there was the internet. >> they were probably staring blankly on the wall and guess the internet is more fun. if they are getting their jobs done and they are efficient and have spare time why not get on twitter and facebook? >> i think i am right on this. it feels like

you go to abercombie and fitch in the afternoon and they know what to play too make us buy things. >> if i can't dance to it, i am not happy. >> winston churchill said that. apparently i don't have time. >> it is time to take a break. more stuff is on the way. buy my book, "joy of hate" amazon.com, g gutfeld.com. don't wait for presidents' day to save on a new mattress. sleep train's presidents' day sale is on now. save up to $500 on beautyrest and posturepedic. get a sealy queen set for just $399. even get 3 years interest-free financing on tempur-pedic. plus, free delivery, set-up, and removal of your old set. keep more presidents in your wallet. sleep train's presidents' day sale is on now. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ they find that people who use the internet at work spend time doing things unrelated to their job. researchers say the phenomenon accounts for 80% of the time spent by employees surfing the web. while many restrict access to certain websites, those opposed by employees need freedom

a stern warning from fitch credit rating agency about america's growing debt. lauren simonetti joins us with all of the details. wish i could start on a positive note it effects all americans it effects the interest rates, right? >> interest rates and the country's borrowing limits. they are warning automatic spending cuts that take effect tomorrow would not trigger a u.s. trade downgrade but a failure to raids a country's debt limit as you can see keeps growing that would. after the seek quest tor comes tomorrow the government shoulding shut down. they are reaching the debt ceiling may 19th a long-term agreement on raiding that $16 trillion debt limit is the lynch pin to the u.s. keeping the top-notch credit rating and a few years ago it happened standard and poors downgraded us. moody has a lower outlook. >> how concerned should we be? >> over the debt limit more so than a seek questor. we are going to be talking about this. we will be talking about the debt limit. it is monday nop liesing our discussion. >> on a happier note some companies are allowing you t

fitch was a major player. you could shop among the three. let me i can make this other point. historical context. i covered the municipal bond market for a while. >> that is how i met you. >> that is how we met each other many years ago unfortunately. new york city financial crisis in the mid '70s, there was a major investigation. congressional investigation and securities & exchange commission investigation of standard & poor's at that point, correct. >> absolutely. i just started right when that was happening. >> is this biggest case since then? >> yes. absolutely. >> there we go. guys, back to you. melissa: charlie gasparino, thanks so much. interesting stuff. lori: let's check markets for you. nicole is on the floor of the stock exchanges. looks like the dow is providing a little bit of a reassistance. >> sitting on level of 13,999. that's true. it is a psychological level. today at highest point we were at 14,006. we were hovering around all these levels. bulls are happy we didn't give back the gains we've seen. dow component disney will be one to watch. we watched hit al

fitch ratings downgraded its credit, rating that is, on avon products, the market doesn't like that,g deal. down 5 cents. better than expected at priceline, that's t21 bucks as f right now. to the big board as we said a nat opening this wednesday morning, basically going nowhere. we're up just three points. now, the price of oil, we were down in the $92 range yesterday and we're still there, 92.48. there was drama on capitol hill when senator elizabeth warren started asking ben bernanke about too big to fail. the senator was tough and the chairman did not back down. our own judge reacts to thfrjis. >> so far it looks like they're getting 83 billion dollars for staying big. >> that's one study, senator you don't know whether that's an accurate number. (announcer) at scottrade, our clients trade and inve exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'

s&p rivals, moody's and fitch have also come under fire for regulators for giving pristine credit ratingssub prime mortgage debt which turned out to be toxic. the high ratings fuel the housing bubble which eventually burst. the move against s&p would be the first federal case tickets to major credit rating -- rating agency tied to the financial crisis. it was s&p that cut the u.s. aaa credit rating back in august august 2011. unbelievable. meanwhile, the obama administration has been getting called out for picking winners and losers in the energy sector, mostly losers. a nebill would eliminate all of the energy, all of the energy tax credits. would that make it even playing field for people in that this is? running me now, republican congressman of kansas superposed the bill. congressman, welcome to the show. are you trying to accomplish with this? >> several things, first of all. thank you for having me on the show and talk about this. this is about affordable energy for the folks in kansas and california. affordable energy that they can depend on and rely on. our tax cut has become one

so came down to this fourth down from the fitch. ravens blitz. gore can't pick it up.d. but was there holding on the play? contact is allowed within 5 yards but smith was grabbing crabtree jersey well beyond. that referee felt too close to call to throw a flag but not jim harbaugh. >> yes no question in my mind that there was a pass interference and then a hold on crabtree on the last one. >> one-on-one make that play. he got his hands on me but i play.the referee said he made >> in all just 7 penalty in the contest. 5 went against san francisco. officials let the players play even when blatant fouls. following the skirmish watch the left side of the screen. williams shoves an official normally a player is ejected for that but he didn't get penaltyize. then there was that 108 yard kick off return by jones. niners miller was in the area to make the stop but gets absolutely mugged by a pair of ravens. that should have been a penalty. and then there was the intentionally safety late in the contest. ravens tackle the niners but even a flag was thrown the penalty is a safet