warren buffett, george soros, bill gates' dad they want the estate tax to go up and say the rate shouldt 45% and go up from there. and millions would qualify to pay, but buffett and soros have an estate plan to avoid much of that tax. i'm quoting now, an estate tax with these guidelines to reduce the deficit and fund vital services and paid by only 10% of the estate. work your whole life and half of it goes to the children and half to the government and of course it's already been taxed when you earned it in the first place, is that fair? we're dealing with that today. i'm waiting for my special dividend from microsoft, but the company i own shares in has ramped up production of its new surface tablet. maybe that will help the stock. are you listening, steve ballmer? nicole, pre-market, where is the stock? >> stuart, you're making me laugh already and the show has barely begun. you're waiting for your special dividend? clamoring? okay, fine. you may have heard a shriek and a cheer out of the green room earlier this morning when i was getting my makeup done when i saw the headline that m

stay with us. >> laura: in the personal story segment tonight, the george soros funded drug policy alliance took out this full page ad yesterday in the "new york times" and they argued for the legalization of drugs. they want to stop police from locking up heroin and cocaine users despite the public safety threat that the users pose. joining us now from new york is the executive director of the drug policy alliance ethan natleman. ethan, good to see you. i think a lot of people watching this okay maybe the cat is out of the bag with marijuana and states out west in colorado saying marijuana is not a criminal thing anymore. a lot of people having pot parties, dancing in the streets. but they think of heroin and they think of cocaine as something very different. heroin they think of someone shooting up with tracks on their arms and it's much more addictive and much more dangerous. so, what is the point of this full-page advertisement and what's the goal here? >> well, laura, i mean the real point was to show that first of all, in colorado and washington, you know, those ballot issues, won wit

stay with us. >> laura: in the personal story segment tonight, the george soros funded drug policy allianceok out this full page ad yesterday in the "new york times" and they argued for the legalization of drugs. they want to stop police from locking up heroin and cocaine users despite the public safety threat that the users pose. joining us now from new york is the executive director of the drug policy alliance ethan natleman. ethan, good to see you. i think a lot of people watching this okay maybe the cat is out of the bag with marijuana and states out west in colorado saying marijuana is not a criminal thing anymore. a lot of people having pot parties, dancing in the streets. but they think of heroin and they think of cocaine as something very different. heroin they think of someone shooting up with tracks on their arms and it's much more addictive and much more dangerous. so, what is the point of this full-page advertisement and what's the goal here? >> well, laura, i mean the real point was to show that first of all, in colorado and washington, you know, those ballot issues, won with o

. >> laura: on deck, george soros funded group wants to legalize guns in this country and not just marijuanae are going to hear from the executive director of that organization right back. stay with us. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid razr m by motorola for $49.99. >> laura: in the personal story segment tonight, the george soros funded drug policy alliance took out this full page ad yesterday in the "new york times" and they argued for the legalization of drugs. they want to stop police from locking up heroin and cocaine users despite the public safety threat that the users pose. joining us now from new york is the executive director of the drug policy alliance ethan natleman. ethan, good to see you. i think a lot of people watching this okay maybe the cat is out of the bag with marijuana and states out west in colorado saying marijuana is not a criminal thing anymore. a lot of people having pot parties, dancing in t

warren buffett, vanguard founder john bogle, and financier george soros were among the famous names to call for a tougher estate tax. their proposal would exempt couples with up to $4 million in assets from the estate tax. above that level, estates would pay a 45% tax rate, rising to 50% or more on very large estates. supporters say that would both bring in badly needed revenue and help protect our democracy. >> it works to reduce concentrations of economic and political power across generations, and those concentrations are antithetical to the basic premise, if you will, of the founding of our republic, which was that it was a land of opportunity. and i think that those concentrations also can play a significant role, concentrations of economic and political power across generations, in distorting the functioning of our democratic political system. >> reporter: but raising the estate tax is unpopular even among many democrats who worry it will hit farmers and small businesses. and tax analysts say the estate tax is just too complicated to tackle in the fiscal cliff negotiations. >> if

terrorists while it jeremy here's here is you know standing in his sights sure he looks like you know george soros is after birth you know the somebody found out of tailoring shop and got all smartened up but he's. propagating propaganda that's what it is germany so now u.b.s. has been fined they agreed to pay the fine and you mentioned and gerry warner in there says that there's no way to know the cost well we do know fannie mae and freddie mac. are the two government sponsored entities in the united states which are now fully owned by the u.s. taxpayer they underwrite something like ninety five percent of all mortgages now in the united states well when you take out all these contracts mortgages interest rate swaps they're tie toward the libel rate in an internal auditor at fannie mae and freddie mac. has determined that libel or rigging cost them three billion dollars and therefore the us taxpayer they defrauded the government and remember we talked about one thousand and one that notion that if you lie to any federal authority in america you get thrown into prison and a federal prison for a fe

. >> reporter: and why are billionaire investors warren buffett and george soros calling on congress to raise the wealth tax. we'll have that story. stay with us. even those held elsewhere, giving her the confidence to pursue all her goals. when you want a financial advisor who sees the whole picture, turn to us. wells fargo advisors. >> time is running out. >> right now the american people have to be scratching their heads when is the president going to get serious? >> washington remains at odds. >> that is a bad strategy for america. it's a bad strategy for your businesses, and it is not a game that i will play. >> but the fiscal cliff still looms. cnbc has called on lawmakers to rise would have gridlock and reach a deal. now, we're beating down their doors. live from our nation's capital, this is a cnbc special report, "mission critical, rise above d.c." >> well, the stock market riding the ups and doups of the fiscal cliff negotiations. roger altman is former treasury official under president clinton. he says he's optimistic that a deal is coming. the question, of course, is when

you are seeing lines challenge, and i remember talking to george soros once when, after he so go the back of england, wrote the bank of england and what he saw as a hedge fund manager as a chance to basically drive so hard against the line that fundamentally the institutional power on the bank of england site had to collapse. and i look at asia and the power in the region, the lines that used to be a, whether the ep three incident in 2001, whether it was china's more vociferous and robust complaints about south korea and america's naval exercises, or the sailor that was detained by japan and taken into custody for a while. do you think that this is essentially china's wise to test the solvency and strength and direction of u.s. japan relations? if you do think it is that, the more provocative question again coming to your own nation strategy because japan is origination but it's an aging nation, it's a shrinking nation. when you look at and one wonders wonders what is japan's strategy in the region with allies and how to keep are so vital and robust when china may be saying when you

also maybe head george soros' foundation. write a memoir.hough it might be of her years as secretary of state. speaking circuit. there's some speculation if she went out with her husband they would command record fees. there's also been a little bit of talk about her becoming a supreme court justice. i don't know. if not president, take a stab at it. are any of these more likely than the others? >> oh, i don't know. i mean, some of those she could do even if she does decide to run for president. she can still write a book and then decide to run. the supreme court one, that's interesting. i haven't heard that before. i don't think i put too much stock in that. i think the first thing she's going to do is take a very well deserved break. take a couple months and just hang out with her family. and then make a decision in a couple of months. i know we like to speculate about this. i'm sure she is so tired of this conversation. >> well, if she wants to keep her options open, "the new york times" says her freedom will come with a huge restraint. i

europeans feel that america -- george soros said to me the great thing about being a rich guy in america versus europe is in america if you're rich, people look up to you, and you're not necessarily. what is interesting is similar tensions are evident in europe, two and similar reactions. we've all been following france and attacks at the top living to 70% in the reaction of it to belgium. not for tax purposes, except kind of for tax purposes. in switzerland interestingly, there is a huge kind of national revolt against the superrich should all pay a high-tech suit either. very similar tensions, but there's a more extreme dynamic in the united states. >> which u.s. government policies in your view of that and perpetuate the transfer of wealth between the middle class in the top 1%? and could you rank importance, including for example -- >> would probably take all night. >> i suppose it would, but please address and include the tax equity, inequities, especially between earned income and capital gains. the federal reserves policy of low interest rates and the emphasis on spending rather t

warern buffet and george soros about bill gate's father.r rich people who say you should pay a higher estate tax. we won't but you should. >> steve: currently it is 35 percent and would like to see it go up to 50. >> they want a two million dollar exclusion . every dollar in your estate above two million will be taxed at a 45 percent rate when you die or pass away. that is -- that catches a lot of people. 500,000 family farms would be caught. these people will not pay. they have an army of estate accountants and lawyers to protect them. focus in on warren buffet. on two 41s. number one he will give to the bill and linda gates 10s of billions and he gets a deduction for thamp he will not pay the tax hold on a second. he runs senlife insurance companies within his berk shine hath away company people who have assets, but maybe they have some assets and they are trying to do the same thing does the president make money on the plans? >> what you are suggesting that they speed up charitable deductions and pack as much in the year of 2012 and you

these people that call in and think the republicans are so stupid -- how about george soros who gives millions upon millions to the left? host: ok. thank you for the call. from "the wall street journal." that is what we are asking this morning. what happens next? tunney is joining us from henderson, north carolina. -- tony is joining us from henderson, north carolina. caller: they think the president is going to start negotiating against himself? he did that 40 dead years. he is not going to do it again. this speaker, they're not going to do anything different. eric cantor is not going to lead this party. the leadership in the republican party is in the media, it is not in the washington anymore. this president is not going to be negotiating against himself to get the president -- the speaker of trouble. host: from the national journal -- he jetted out of the room where they were holed up and walked by journalists and delivered the news that the house speaker's plan had suffered a mortal wound. would there be a vote tonight? no. plan b -- the speaker said it would pass -- it failed to

. >> george soros has nothing to do with voting machines. >> stephanie: jim don't start now.mental patients not to mention the votes obama received by dead people -- >> somebody has been listening to glen beck. >> stephanie: how could your hero not win? and the fact that he won by a small margin is further proof that the pollsters were correct in predicting a large win for romney. >> wow. [ scooby-doo's "huh?" ] >> you are right. dick morris is a genius. what was i thinking. >> stephanie: i hope you and all of your liberal friends and audience go bankrupt under this president. lord knows everyone who deserves to lose their jobs are the morons that voted for that president. and merry christmas. [ applause ] >> stephanie: wow wee. by >> by the way, the huge financial collapse happened on george w. bush's time line. >> stephanie: yes. this one titled bitch. he will very cleverly avoid the fbi stack. thf -- this one is just a wish that i kill myself. >> oh okay. >> stephanie: happy holidays! sometimes the holiday season is the saddest time for those who are lonely without family

it amuses me that he has become the person for the left like george soros has been for the right.rover norquist is a symbol. why do people listened to him? because he raises money. if you go out and raise money for your particular party or candidate or cause, people will give you a brand new respect as well. he knows how to raise money and is a very good -- very good at -- icity and raising its co promoting his cause. so that gives you assert amount of clout and influence with powerful people who depend on campaign donations. the fact is it is not grover norquist. there is an obligation that conservatives have -- that republicans have to take care of the folks who sent them, just like democrats are beholden sometimes organized labor in the way of school reform, which is another conversation. i have enough teachers in my family that when i start complaining about teachers' union -- we have some great topics at thanksgiving. it's a very real system of legal bribery, but the campaign donations system we have that gives people like grover a disproportionate amount of clout. host: on t