but stve forbes said it is great news for our economy.hat is the flip side explain. >> employment is going up and workweek is increase people have tightened their belts and loosening it a bit. and contrary to myth. most americans don't allow debts to get out of hand. and the government does its part that is handleable. >> kim as long as we don't have more bail outs, more debt could be a good thing. >> more borrowing means they don't have cash on hand. we have low un. maybe getting better. but it is still low and wages are not keeping up with inflation. how are they going to pay off the debt which spills a double dip possibly in 2012. >> they say that there is a 40 percent chance was that. >> rick unger, is this good or bad. >> i have to agree with steve. it is good to see people spending money. the trick is going to be not forget what happens when you borrow too much to finance a life style you can't afford. >> bill, good or bad. >> i share steve's optimism. but not polyanaon debt. this is what is happening. only way to cure a hang over f

i am uma, back to forbes on fox. have a good morning . sphoor forbes gain tucked deep inside.our and half billion in new millionaire fees covering things like reinspiring generic drug and devices. you say it will pump up the price for prescriptions. it might have been good in 1950 or 18cent 0. but this perpet alls and the the private sector is subsidizing the old way of testing. they are not fast in approving drugs and devices. >> victoria, will this cost us down the line? >> the fda is trying to modernize and the goal here, yes, they are. but the generics to the market is the goal. that will save us a lot of money. they are much cheaper and account for a large chunk of prescriptions that we take every day. that is the hope. the fda has to get the funding somehow. and the answer is not to get rid of the fda. >> every time i hear that bureaucracy is going to modernize. i am skeptical. >> i am nervous about it, too. they get 80 percent of the budget from fees. they tend to be passed along to customers. i hear what victoria is saying. what creepy about conflict of interest where

forbes ranked the cities based on unemployment, crime rates, home values.ther factors were less critical but irritating like weather, commute times and how the local sports team's doing. miami came in number two. forbes said the only reason it was not number one because of its good weather and lack of state taxes. >> not sure i get that one but we'll leave it at "forbes." >>> the run from officers. the suspect has four legs. >> we will show you the laughable police case coming up. never in my lifetime did i think i could walk 60 miles in 3 days. 60 miles in 3 days is-- is huge. if my mom can fight and beat breast cancer, i can walk 60 miles. you just put one foot in front of the other, and you know that you're walking for such a great cause that you just keep going. (man) that you have all these people coming together for one common goal. (woman) the goal is to bring an end to breast cancer. (woman) the fund-raising was the easiest part. people were very giving. complete strangers wanting to help. if i can do this, you definitely can do this. (woman) i'll n

chief of forbes media.he former presidential candidate himself. steve forbes, i want to ask you about this phrase that i don't think we have a tape of it, but rick santorum at one point makes this statement. he says politics is a team sport. sometimes you have to take one for the team. meaning, steve, he voted for no child left behind. he voted for planned parenthood funding. he also voted for medicare part d drugs. now, if politics is a team sport, what happened to principle? what happened to conservative principles, steve forbes? >> well, this is where he hurt himself with the tea party people, activists in the republican party by saying, hey, when it comes down to it, he will play the washington game. he allowed his opponents last night to dominate the debate, to set the agenda instead of him going on attack. remember when he started to hit romney on health care? romney threw it right back at him about pat toomey, and santorum fell into the trap. santorum did not set the agenda. romney did not follow thr

back to forbes on fox. keep it right here.t romney despite being bashed for his wealth and out of the touch. a win for romney is a win for capitalism. >> absolute gingrich and santorum were attacking romney because of profits he made in a private equity firm of bain capitol. it is an important cog in our financial system. they invested 1.1 billion of investor's money and had 2.5 billion in profits. they are good. >> rich, you can't have capitalism without bain capitol and that was right in the mix. >> no one is arguing that. but you know mitt's comback in florida prove if you outspend gingrich 5-1 and get newt out of his game, you can beat him. big referendum on capitalism. and whether it is mitt or anybody else. they have to come up with better arguments than they came up to defend free enterprise. >> steve, if mitt wins in nevada is that good for capitalism. >> i would say yes. you are starting to defend capitalism and their career. he said he was going to raise minimum wage. i would send them free of charge a book i co-auth

chinese sears goes a recent articles last few weeks in forbes by gordon charles who's a big. chinese here wrote a book called the coming collapse of china the only problem was he wrote a book in one nine hundred ninety eight. so we look at the structure of the chinese economy what does china export united states what does the united states export to china look at the real numbers the major exports from united states to china last year was cornered so we beans scrap steel and scrap plastic looks more like a eighteenth century economy what we see in united states the other hand what you see is china exporting their number one export united states is now electronic equipment. manufacturer manufactured look tronics so china story twenty years ago on the low wage low value added in but it's sorry nor is it many american companies are going to get global competitors coming out of china in future yeah you mentioned scrap metal scrap paper yeah if you look at the list of exports from the top twenty states that export to china from the united states number two or number three on the l

we also have steve forbes, chairman and editor in chief of forbes media. gentlemen, thank you. jared, i am all for a lowerer marginal tax rate on corporations. i reckon it might come in under 30% from the current 35. but i'm hearing these massive tax increases everywhere else so that this thing is going to wind up being a trojan horse for job destroying and stock market destroying tax hikes on business. >> not at all, larry. in fact, this sounds precisely what you have been asking for for months and years and steve as well. look, you know that you can't have a revenue neutral tax reform broadening the base. you're going to have to close a bunch of loopholes. there will be winners, there will be losers. how else account do the arithmetic, larry? what am i missing? >> steve, if it were me, i'd want it as close to revenue neutral as possible. >> thank you. >> i'd want to get down to 20% on the corporate tax rate or 15% and take away the loopholes. steve, do you think we should have global minimum taxes and tax american companies who are profitable overseas just because they're ove

i want to thank steve forbes.going to ask you a question. >> they should work for the american people. >> i agree. this as long as i don't care how much they give. >> shouldn't give a dime. >> legal bribe before i is what it is. >> whitney houston's drug addiction from preventing people from healing her. russell simmons that's the question i am asking you. you have to answer it in two and a half minutes. >> i won't discuss this. i said what i said. i think it's rude that we think people who have money these guys somehow don't suffer.

let's go in focus with steve forbes and elizabeth and kim and mike. rich, start wu. time for public worker to pay more in the pensions? >> yeah, the republican bill was hardly asking for anything. they asked for federal workers to increase the contribution from 1.2 to 1.5. not a big increase . lat's put it in context. there is an annual deficit running over a trillion

i want to thank steve forbes.g to ask you a question. >> they should work for the american people. >> i agree. this as long as i don't care how much they give. >> shouldn't give a dime. >> legal bribe before i is what it is. >> whitney houston's drug addiction from preventing people from healing her. russell simmons that's the question i am asking you. you have to answer it in two and a half minutes. >> i won't discuss this. i said what i said. i think it's rude that we think people who have money these guys somehow don't suffer. [ kyle ] my bad. [ roger ] tell me you have good insurance. yup, i've got... [ kyle with voice of dennis ] ...allstate. really? i was afraid you'd have some cut-rate policy. [ kyle ] nope, i've got... [ kyle with voice of dennis ] ...the allstate value plan. it's their most affordable car insurance -- and you still get an allstate agent. i too have...[ roger with voice of dennis ]...allstate. [ roger ] same agent and everything. [ kyle ] it's like we're connected. no we're not. yeah, we a

we have steve forbes, chairman and editor-in-chief of forbes media and former republican presidentialandidate himself. democratic strategist tad devine and mark mckinnon, republican strategist and former bush 43 policy adviser. mike mckinnon, welcome the show. i want to begin with you. there is this flap today that i didn't put up on the screen. mitt romney said i'm not concerned about the poor. we have a safety net. if it needs repair, i'll fix it. i'm not concerned about the rich. they're doing just fine. i'm concerned about the heart of america, which is the 95% who are struggling in the middle class. newt gingrich is jumping on this. the media is jumping on this. they're all saying mitt romney doesn't care about poor people. what do you think about that? is it utter nonsense or what? >> well, i think his instincts were try to try to get a message designed to get a message to the middle class which president obama is successful getting a lot of traction with. so the instinct was right, the execution was bad. that's where i think this long drawn-out primary is in many ways problemat

i want to thank steve forbes.they should work for the american people. >> i agree. this as long as i don't care how much they give. >> shouldn't give a dime. >> legal bribe before i is what it is. >> whitney houston's drug addiction from preventing people from healing her. russell simmons that's the question i am asking you. you have to answer it in two and a half minutes. >> i won't discuss this. i said what i said. i think it's rude that we think people who have money these guys somehow don't suffer. they do suffer. just because they have money they suffer. ranteed. [ foreman ] so i can trust 'em. unlike rdy. dolr for dollar, nobody protects you like allstate. droid razr by motorola. buy one for $199.99, get another one free. and back for a limited time, get twice the data for the same low price. verizon. so i wasn't playing much of a role in my own life, but with advair, i'm breathing better so now i can take the lead on a science adventure. advair is clinically proven to help significantly improve lung functio

we'll go in focus with teave forbes and victoria and ruck and rich and elizabeth mcdonald. steve, what do you think of the governor's idea? >> he is right on this. this is the but foon rule. it would hurt capitol creation and upward mobility. in britain they raised the income tax rate to 50 percent and lost revenue and economy is doing poorer than expected. >> bill, is this the buffoon. >> what is terrible about the 50 percent tax rent. today for you and tomorrow for me. 50-50 it works and worked in the reagan first term and 1984, it was 50 percent and hit 80,000. >> and -- >> the roeconomy roared. >> bill was wrong. it was 70 percent and he reduced to 50 and then 28. >> there is a reason why. >> there say lot of people here, rich. what about a 40 percent tax increase on the top rate which is what bill is suggesting. >> oh, my, god, bill. your iq is three times the advocated taxerate. in the book of leviticous. there is a suggestion of double tithe. 20 percent. and thousands of years of human history. when you raise more than 20 percent. people take evasive action. cutax pe

forbes says the only reason it wasn't one was because of weather and a lack of state taxes. >> the lists are an interesting bunch. a lot to come on "today in the bay." the latest on a homicide in san jose. we'll give you a live report. >> walnut creek cracking down on violence in city bars. what they are doing to address the problem. >> all of your news weather traffic all kinds of updates check us out on facebook. when someone gives blood and a life is saved, that moment when heartbreak turns to hope, you're there through the american red cross. every day, the red cross responds to nearly 200 neighborhood emergencies. and your support makes it possible. use this moment to join us today. visit redcross.org. >> reporter: a deadly night for a young man here in the south bay. i'm bob redell where the city of san jose is dealing with the third homicide this year. that story coming up. >> and the death toll continues to climb after a major earthquake hits the philippines. i'm going to have that plus a look at other overnight news coming up. >> plus, petitioners fan out trying to get you to pu

and goals. >> we are in the center for education and leadership, directly across the street from forbes theater on tenth street in washington, d.c. behind me is the tower of books, which is a concept that really started about five years ago to visualize and showcase the unending quest. so this tower of books represents as we all know that abraham lincoln is the most written about figure in world history next to jesus christ. we believe that ford's theater is the location in washington, d.c. we are able to marry the concepts and the excerpts that we bring to the museum experience. we will teach our or tate for. we will do these to do our teacher training. this center is what this is all about. >> the battle of mchenry -- coming up next, the maryland historical society features music -- star spangled banner and how writing and poetry became musical expressions of patriotism. this is about an hour. >> much more important than the white cloth is the black table

forbes listed miami as no. 1 miserable city. sacramento came in 6. more said 15.ecause of it's municipal prices. modesto came in 19. >>> federal prosecutors today announced they dropped to doping investigation of lance armstrong. the 7 time tour defrance winner had been under investigation for the last 2 years. allegations surfaced for fellow sickist that armstrong had used performance enhancing drugs. the u.s. attorney's office made the decision made the decision to drop but did not say why. armstrong had long denied any doping. >>> paints by the french dope professionist. sandy fair magazine reports the royal family of cotter bought the card players last year from the estate of billionaire for $250 million. >>> the nation has been buying up big name art for its natural museum set to reopen in 2014. the previous art record was $140 million for a jackson poll lip splatter painting. >>> well-known san francisco nightclub dj has died. the web site for solomon khan known professionally known as dj solomon. he was in a taxi with his fiance on a 5-day tour when the cab

forbes wrote, and i quote, no state can match the consistent performance of utah. it is the only state that ranks among the top 15 states in each of the six main categories on which we rate states, close quote. those six categories are, economic climate, growth prospects, labor supply, business costs, regulatory environment, and quality of life. tonight, i will use the criteria of those economic experts to highlight or prospects. let's start with our current economic climate in 2011, we added more than 36,000 jobs to our economy. our up employment rate has dropped from 7.5 to 6.0. a full 2-1/2% lower than the national average. gross domestic product, personal income, and business income continue to steadily rise. and utah still leads the nation in export growth. you might remember that last year's state of the state, i challenged our business community to further increase our export growth. and they have responded with vigor. in 2008, we saw a 41% increase in exports. breaking records we set in 2009 and 2010. utah's economic climate is healthy. but we must not rele

. >>> steve forbes ran for ppt twice. he's still a huge force in politics.u think of the gop candidates still in the race? he joins me live, next. >>> costs coup, too, so we could see fewer people driving. >> well, maybe not drive for another reason. the story behind the wild accident on live tv coming up. when you have diabetes... your doctor will say get smart about your weight. that's why there's new glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] new glucerna hunger smart. a smart way to help manage hunger and diabetes. sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get back to these invoices... which i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the office. i can't hear you because i'm also making you a smoothie. [ male announcer ] marriott hotels & resorts knows it's better for xerox

man's game. >> reporter: movie director steven spielberg is the only forbes 400 billionaire to give to the superpac so support shall did -- supporting president obama. he gave $100 thouchlt but his fellow hollywood mogul jeffrey katzenberg gave 2 million. >> important to note that sun life foundation bill allison said he expects the pace to president obama's superpac to pick up as the november general election draws nearer. unlike the republicans, mr. obama has not had to face a primary opponent. later queen elizabeth ii marking 60 years on the throne. a snowboarder's narrow avalanche escape, and helping injured haitian earthquake victims walk again. those stories when the "cbs again. those stomy name is janecbs and i've got osteoporosis. but i'm an on the go woman. i've been active all my life. that's why i'm excited about reclast. it's the once-a-year iv osteoporosis treatment. reclast helps to restrengthen my bones to help make them resistant to fracture. and with reclast, well, no other osteoporosis treatment is approved to help protect in more places: hips, spine, even other bones

growth that's more what i'm worried about let's move on to our gold for a second because forbes that mouthpiece of the entranced kleptocracy is recently talking about why china is buying all because it's capital flight and it's nasr teats again anyway but it seems we hear a lot of people talking about strategically china want to buy gold insulate itself against a collapsing dollar your thoughts yeah buying gold you know forbes i basically work in their own agenda here why not gold in china isn't capital flight are is actually there's actually no correlation there last week beijing daily reported there was over one hundred million dollars in. gold sales in beijing alone they go upstairs stores headlines out the door and gold is really become a big chinese new year's gift here in china its sales in the first week after new years were up fifty percent from last year this gold is not. been going over seas with people leaving planes it's getting put into families the be handed down generation after generation the capital flight issues an entirely separate issue if you look at the very you

forbes? >> thank you, mr. chairman. mr. secretary general, it's an honor to have both of you here today. we appreciate your service and as you know, we're often here very bipartisan committee and i agree very much with the distinguished ranking member when he indicates that we simply as a congress can't spend $800 billion on the stimulus package, almost twice the cuts we're now placing in defense, or pass a massive health care act without having consequences. two of those consequences are that we either have to ask hard-working taxpayers in america to spend more of their money to help cover our spending problem or we have to cut the defense of the nation that they love. and neither of those consequences are good. if we could consider all of that in here, then the sign outside would say house of representatives, but it says house committee on armed services. so i'm going to focus on our military concerns and, general, specifically for you, you've been working, i know, to articulate the role the army can play in our asia-paci

the new survey published by forbes fouud 60-percent of 3 people don't like the philadelphia eagles playerown for his dogfighting 3& vick barely edged out golfer tiger woodss.. whose reputation took aahit aftee a cheating scannal that ended his marriage. marrrage.someone else on the list.... n-b-a player kris humphries... who you may remember was married to kim pardashian for 72 days. we definitely like this next at! athlete!((29:44 i'm stilll stunned that we weren't playiig in that game 29:47)) 29:47))michael oher talks about the sudden end to thee ravens' season... ann ttlls us how you can get a chance to meet hhm. him..nd meteorologist stevv fertig is back to tell us whether we're going to need to bundle up for the wwekend. you're watching fox 45 good day baltimore. 3&((ad lib meteorologist)) ((ad lib meteooologgst)) it's our mmbideal of the week! every week.. we'll bring you a deal frommmobideals... which provides coupons directly to yourrcell phone! phone!!his week's deal omes prom... working wonders home. get a 4 piece palm wax candles gift set for 35-15.that's 30 pprcent off. juss g

. >>> reciben dinero de un puñado de escritos de la revista forbes. >>> el problema que mucho de esteesto podían ser recibido de compañía, sindicatos y millonarios, e invertir en la promoción de un candidato. >>> esto dijeron los magistradoss es parte sudo derecho a la libre expresión. >>> un comité a favor de newt gingrich recibió de un magnate de casinos de las vegas 11 millones de dólares, ron paul tiene un comité a su favor, y un... recibió un millóne dólares de un ejecutivo de wall street que apoya a santorum, el mayor beneficiado de estos grupos ha sido mitt romney. >>> con el dinero que manejan, de manera in directa son capáz de influir el proceso electoral 67 la gran cantidad de dinero que recaudan obliga al presidente cambiar su estrategia y aceptar ayuda de los demócratas. >>> en washington, telemundo. >>> el servicio postal de estados unidos planea recortar 35 mil empleos, cerrar 223 oficina entre mayo y junio para ahorrar dinero en los próximo 3 años el director de correos dimg que si no se hace esto la entidad perdería 18 mil millones de do dólares para el 2015 con esto u

elaine forbes, support staff.s is to have money for the budget, but the reason for this item is to address the timing of the cash. there are three sources in the supplemental. the first is in the amount of three-point for under 48 million. -- $3.448 million. we need the funds appropriated earlier. the second source, the 2010 port revenue bonds. we have $1.10 million from the pier 35 project. this project is delayed. we are taking funds and reallocating this to the pier 35 project. there are bonds of 700,000. this is from a roof project that came in under budget, and we want to capture that source for the project. the final source is shoreside power. as you know, be the authority is reimbursing for moving them. the supplemental would recommend both the source and the use of that funding. i will note, as you are aware, the dda has a change, and it is coming back to the board of supervisors at the end of this month, and whether this continues to be a source of repayment from the event of 40 or whether they in turn wa

. >> newt gingerich was in oklahoma city on the eve of a forbes magazine cover story on the vegas casino billionaire and addressed critics who say he's attempt to go buy an election saying it's unfair that i've been treated unfair but it doesn't stop me. i might give 10 million-dollar or $100 million to gingrich. all four will be in as for a televised debate. santorum is inching in on the romney lead. real clear politics gives him a larger margin in as. arizonians complain they're not getting enough attention from the candidates. the primary is the same day as michigan with arizona being a winner take all state for the 29 delegates. it's thought second place would be a losing proposition. >> thank you. >>> we're learning more about why the president reversed himself on supporting you don't see super pacs. the pro-obama action u.s. super pac raised $59,000 in january and almost all from one person. they spent more more than a quar million dollars last month. >>> money isn't the only deciding factor. ed henry reports the president is trying to get a handle on the controversy over his contr

ford's has announced miami to be the most said -- forbe's has announced miami to be the most miserable city. florida had several cities make the list, but you will be happy to know baltimore did not. you will not be able to get out of buying girl scout cookies with no cash excuse anymore. they are getting with the times to turn a profit. about three dozen troops around the country are now using credit card scanners attached to smart phones to except credit payments for cookies. if you feel like you could use a cookie but do not know where to find one, there is an appl for that. a musical drama that celebrates the beauty and heartbreak of broadway. i am talking about the new nbc hit show "smash." joining me live is deborah messing. tell us about the premise of the show and the characters. >> well, it is about behind-the- scenes look at the making of a broadway musical. i played juliet, a lyricist. he plays thomas, a composer. we come up with the idea of about a musical of the life of marilyn monroe. the show is about the producer and director, and everyone coming together in the attempt

. >>> "forbes" magazine says the five most disliked people are -- and again -- all familiar names. all at one time another all- star performers. even kris humphries is good. when you hook up with a kardashian for a few months, i would hate you, too. there it is. funny stuff. but they are all big-time guy thele you have to be a big. you have to be a big shot. welker. we're still talking about him dropping passes. so the butter finger company rained down on the city of boston, downtown boston, butter finger bars and there it s so people are going for them. i tell you, that's the one thing that -- i mean, after a while, when something is that big -- it's a cute little thing. all right, raz 'em. but when a guy is so distraught because he felt he lost the game, i -- i don't get it. >> honest to gosh, does it make anybody feel better? what did you do ta, hon -- today, honey? we dumped some butterfingers. >> i'm tellingia! good night, everybody.

caught a rat climbing on somebody on the new york subway. >> an experience forbs won't forget any time even if he wanted to. >> i have a hard time sleeping on the trains now. i do. a rat crawling up on me. no, don't want that to happen. >> in our next video, a giant ball of legos rolls down a san francisco street. but could this be green screen technology or some other hollywood inspired trick? >> i love this video. this is just under that genre, of let's just do something really weird and videotape it and have fun with it. oh, that's the idea i've had all the time after i add couple beers or i'm joking around with my friends and these guys actually did it. >> or did they? well, yes. and not exactly. >> there is definitely a boulder that has legos on it rolling down the hill after these guys. >> that's right. it wasn't created by a computer or shot in front of a green screen. but it also wasn't just a group of friends joke around. >> it had viral video advertising campaign. wafting off of it. >> that's exactly what it is. a viral video promoting what was in 2008, a new lego indiana jon