>> i can't think of any pop star lead in as compared to gary b. but, however, he's probably prepared for that for three days in advance, but listen that's true, a snapshot what happened last year and conditions leading up until now. i'm not all that sanguine going into 2012. brenda, you said it's an election year and politicians are going to do everything necessary, you know, to make things good. the problem is what they think is the right prescription, you know, cut back, spending cutbacks, fiscal contraction, that's not the stuff that you see big booms and recoveries come out of. and so, i think we're going to see a lot of what we have seen you know, in 2011. we're going to see weak growth and not going to see much improvement on the employment side and the job side and still see sort of a chop why i side ways market through 2012. so, it's going to be frustrating for a lot of people and clearly going to be questioning for people who are looking for jobs because there's not going to be a big job boom and it's going to be frustrating for investors

bulls and bears this week, gary b smith, tobin smith. jonas max ferris and gary and susan. gary b. win for unions and big loss for jobs in. >> absolutely, brenda. look, i'm going to try to take my opinions out of it and i just went to some sources and we'll play a little who said this. the first one, cause of long-term unemployment is unionization, high union wages that exceed the competitive market rate are likely to cause job losses in the unionized sector of the economy. you know who said that. >> gary b smith. >> lauren summers who used to be advisor to president obama. now what the federal reserve said. it said unionization has about the same effect on investment as a 30 percentage point increase in the corporate tax and two more, brenda, there's a 2010 study out. unionized firms have profits that are 10 to 20% less than nonunionized firms. in study of 510 firms. the growth of unionized firms was zero. brenda, aim i'm not sure how much of a message this says about unionization, it will be flat-out horrible for employment and for the economy. >> brenda: interesting, susan, what

we're so used to bubble growth economy. >> gary b. go ahead. >> let me give the return, i agree with jonas on the housing prices, but there's one good piece of news in there, is that unemployment amongst the 25 to 34 year old sector showed a dramatic increase, that's the group that are looking to first buy their, looking to buy their first home, rather. once that starts to go, then, all the homes above them start to start selling because everyone wants to move up that can't move up pour in my case, move down that can't move down, so, i think that's really good news there, and you know, kind of, maybe the hidden gem and i hope a hopeful housing market. >> i don't want to throw cold water, but 2 1/2 million homes that are foreclosure, another 4 1/2 million homes that are going into foreclosure, gary. >> we have a depression in housing and to your point, as long as we're at point where it's cheaper to buy a home than rent a home today in the united states, and still we can't get demand for sales, that's a five year tragedy. >> you're say

you know, they come in the millions, but they all add up, and gary b. you say that the small stuff really does add up, and they add up to the billions and you know, it's all symbolic, but it all does make a difference. >> well, you went through the number, the big number quickly, 30 billion, 32 billion dollars last year, 32 billion dollars, i know, just saying, oh, you know, you know, that pales in comparison and things, i think most people in america would think 30 billion dollars a lot of money and it's not that the 30 billion dollars is even spend wisely, brenda, you had a scroll there, but little stuff like 5 billion dollar to the wood industry, to study wood utilization, you would think that would be something the wood industry could do by themselves without our money and that galls me and that's why i think this whole ear mark pork, whatever, should be stopped right now, because it gets to the whole thought process of republicans and democrats thinking that it's their money to spend as they see fit and again, the problem is, they pend it so ineffi

>> gary b. >> bullish, 14-7. >> jonas. >> get off-- >> 13,000 on the button. >> and jonas was only 33 points away from last year. aen in one year, he made it. he was the winner. happy new year to everybody! >> talk about a pain in the gas to start the new year, hello, everyone, i'm charles payne in for neil cavuto. and talks about iran over the top, stopping any one from passing through the straits of horm hormuz. and putting american drivers over a barrel. is it time for president obama to open the keystone pipeline and stop up a potential gusher in our economy. and matt, it's there. we have another reminder why we probably need to take our energy into our own hands. >> yeah, it's energy security, which makes the national security in my mind. you look at iran right now. going into 2012. that's one of my big, you know, things that could blow up in this economy because if that straits of hormuz gets closed. $100 oil is cheap. we're paying 4 to $5 for gasoline and would close down this economy. look where we're getting our oil. out of the top seven, four of them, to put it nicely. have

gary boulevard had always been a major thoroughfare. >> it used to have streetcars on it. they are thinking of bringing them back. the bline and the a line where there until the mid-1950's. we are taking the street cars away, but bart will come out here and everything will be fine. >> downtown, gary ave.

gary boulevard had always been a major thoroughfare. >> it used to have streetcars on it. they are thinking of bringing them back. the b line and the a line where there until the mid-1950's. we are taking the street cars away, but bart will come out here and everything will be fine. >> downtown, gary ave. >> when you get past it, it becomes gary boulevard. >> they wanted streets to be large, they should have vegetation and trees, they should be ornamental. gary strieker was the main road from the 1850's. -- gary street was the main road from the 18th of the's. >> it was planned as a major thoroughfare. >> it was a toll road originally. we make people pay to get on the road and we make them pay when they get to the clubhouse. it was a toll road. >> i think that does it for today. thank you for coming and sharing your information and great knowledge. we will see you next y

gary giordano says the media is misreporting details. misreporting. stay tuned. >>shepard: this is "stud bt's the bottom of the hour. time for the top of the news. the lone suspect in the disappearance of a woman in aruba denies he had anything to do with her vanishing. this started in august. robyn gardner was vacationing with this guy, gary giordano, a man she met on the internet. he says they went snore killing and she never made it back to shore and he took out $1.5 million life insurance policy on the woman and inquired about cashing in on the life insurance policy days later. in the first interview, gary giordano appeared to blame the whole thing on "the drug trade," and human trafficking. and he made the revelations on abc's "good morning america." >> aruba has two main sources of income: cocaine and human traffics. where we were it takes half an hour to drive a boat to venezuela. and right where we were, i find out, that is where they drop off illegals to swim to shore. >>shepard: the prosecution considers gary giordano the prime suspect in the disappearance despite a three judge p

in case, senate majority leader harry reid says lawmakers are planning a plan b that supports a two-month extension. >>> gary schultz and tim curley are fighting charges they didn't respond properly to reports that jerry sandusky was molesting young boys. they deny the charges against hem. one of sandusky's attorneys is offering an explanation why the disgraced coach was showering with disadvantaged young boys. he said sandusky may have been teaching them proper hygiene. >>> the army private accused of releasing thousands of classified documents to wikileaks makes his first public appearance today. the u.s. military is pushing for manning to be court-martialed and endangering national security. >>> christopher hitchens died after a long bat well esophageal cancer. the passion and controversial critic and ardent atheist took on political figures in his vibrant essay. the best selling author of "god is not great" publicly scoffed his diagnosis would in the change his beliefs. >>> mandy drury is at the new york stock exchange. >> today there is one stock in particular we are following. do you own a blackberry?

gary tuchman, keep us posted there. thank you so much. next in reporter roulette, the nation's health secretary is overruling this recommendation by the fda on plan b, the so-called morning after bill. elizabeth cohen is here to explain, as we've been following the developments too today. what is going on? >> this is a bizarre situation. plan b, what a woman takes after unprotected intercourse for the 72 hours afterwards. you can get it if you're over 17. you can waltz into a drugstore. if you're under 17, you have to get a doctor's prescription. so today the department of health and human services said, no, we're not going to let younger women just waltz in and get it. they will still need a prescription. >> so kathleen sebelius is saying no? >> the weirdness is, her own agency, the food and drug administration said, yes, we think women under 17 should be able to waltz in and get it off the shelf in the same way that you can get a condom. so it was kathleen sebelius essentially disagreeing with her own people. >> does this affect all women? >> it does in a way. because right now if a woman over 17 wants to get this drug, they have to go to the pha

b that supports a two-month extension. >>> two former penn state officials head to a perjury hearing today. gary schultz and tim curley are fighting charges they didn't respond properly to reports that jerry sandusky was molesting young boys. this morning assistant coach mike mcqueary testified he believes he saw sandusky molesting a boy in 2002. he said the boy appeared to be about 10 years old. he said he reported the incident to head coach joe paterno the next day. >>> the army private accused of releasing thousands of classified documents to wikileaks makes his first public appearance today. 23-year-old bradley manning's pretrial hearing opens today. the u.s. military is pushing for manning to be court-martialed and endangering national security. >>> christopher hitchens died after a long battle with esophageal cancer. the passionate and controversial critic and ardent atheist took on political fighees in his vibrant essays. the best selling author of "god is not great" had publicly scoffed his diagnosis would in change his disbelief of religion. he was 62 years old. >>> let's head to wall s