he told c-n-n'' poppy harlow this..."ere's aacertain irony involvee here because if you let them repatriate money at a very loo rate, what's their incentive? thhir incentive is to keep making money ovee there at very low rates, hinking they'll get it back here without paying much tax."the idea is one that's been tried before."we tried the same kind of repatriation holidaa ii 2004. firmm brought home a lot of money, but they &pdidn't do much additional investment. instead, tey aid larger dividends to their stock holders, hey bought back stock tooboost their do much new investment."both a conservative think tankkand a out agreeing on one thing, that they don't support this idea. they say it didn't produce domestic investment sii years ago. but-lobbyists behind the taa breek are getting support from both -3 ttat a similar bill is being considered in theehouse. mary snow, c-n--, new york. -----end-----cnn.script comiig up... up...the ravens are back to work, after a week ff.they're find out why the purpleeand black... may alr

back to you. >> poppy harlow. support for news corps is being called into question.his year's votes reveal it was a less than stellar outcome for rupert murdoch and his sons. ramy inocencio joins us again with the tallies. they've had a slightly hair-raising experience, i suspect. >> definitely was and appears rupert murdoch's sons were the lightning rods to that anger, from the hacking allegations of the now defunct "news of the world." james murdoch, the deputy chief operating officer, he received the most votes against at him at 35%. his older brother didn't do much bet, lachlan, 34% against him. he did resign from his last executive role in 2005. as for rupert murdoch himself, the chairman and ceo of news corp did much better than his sons, only 14% of shareholders voted against the patriarch. overall not a great outcome for the murdochs but they will all still remain on news corp's board. here we see 47% of all the votes cast are held by the murdoch family or its staunch allies. 40% are in family hands, meantime, 7% of actually held by a saudi prince, the prince

. >>> now, poppy harlow is in new york joining us for a politics update. talk about warren buffett challenging congress today. what do you know? >> this is very interesting, brooke. warren buffett is stepping up his tax reform. tim sent a letter to warren buffett saying, all right, your name is on the buffett plan or buffett rule saying that americans have a right to see the evidence behind the buffett plan, which is to raise taxes on the top wealthy americans. warren buffett just responded to that for the first time. he made public what he made last year. $62.9 million and says he paid just over 17% tax on that. what buffett is asking for, brooke, is that he wants to see the ultra rich taxed more and wants the ultra rich to release its tax returns. he says, look, if some of the wealthy americans do this, i will do the same. spoke to him a while ago on the phone. take a listen to part of that conversation. >> you have a number of very wealthy individual friends. have you talked to them, warren, about whether they will release the tax returns? >> well, mayb

with the week ahead with poppy harlow and alison kosik.in with alison in new york. >> hi, fredricka. wall street had a case of the jitters last week. the dow had moved up one day, down the next for 11 straight sessions until posting back-to-back gains at end of the week. that lack of direction shows investors are nervous and one of the biggest concerns is europe's high debt. still, the dow ended at its highest level in 12 weeks. good news for senior citizens, social security checks will increase by 3.6% or an average of $40 next year. checks are getting bigger because inflation is heating up. the last cost of living adjustment was 2009. now poppy harlow has a look at what's coming up in business news. >> thanks so much. wall street is looking ahead to the third quarter gdp report set to be released. economic growth in the first half of the year averaged less than 1%, not nearly high enough to bring down unemployment. analysts say economic growth remains sluggish throughout the summer, but do expect that it was enough to keep us out of a te

p poppy harlow takes a look.creams) when an investment lacks discipline, it's never this obvious. introducing investment discipline etfs from russell. visit russelletfs.com r a prospectus, containing the investment objectives, risks, charges, expenses and other information. read and consider it carefully before investing. it's true. you never forget your first subaru. >>> we're going "in depth" on the occupy movement, while it takes aim at big business, fat cat corporate types and big banks, there's money to be made on all of those shirts you see. here's our poppy harlow. >> reporter: you know what those are? they're trademark applications for this movement, occupy wall street. and this guy over here, you see him? he's one of the folks trying to trademark it. >> i made these t-shirts just a few on the first day, then i made about 20 on the second day, and then it i realized that it's not very healthy to smell the fumes so i decided that i should get in touch with a silk screener. >> reporter: why trademark it? >>

worked there the cia even told no that not to publish that information but know that did what mr harlow told me was he asked me not to use your name did not say she was she was uncovered. in any activities former president bush was not amused human intelligence spies. is very important. it's pretty hard to get it. if somebody working clandestine service thinks his name is going to appear i'm sure that both. deputy defense secretary richard admitted he was the first to leak despise name and he apologized for it. but white house staffers karl rove in lewis libby also sprayed the covert agents name to reporters at the same time for sure in the president's own press secretary they had nothing to do with it and they're good individuals they're important members of our white house team and that's why i spoke with them so that i could come back to you and say that they were not involved i went to both those individuals asked them point blank were you involved in the leaking of valerie plame identity in any way both them told me unequivocally no but scott mcclellan now says that in his new book

it's my turn now. >> poppy harlow is with us from new york.ou think they're actually going to raise? >> that's a great question. i asked that, pete, that, the guy you saw in the piece who's helping run money down there. he said that his belief is that in the next few months they're going to raise about $1 million. i just check before i got on set here and they had raised about $300,000. when they were with them last week, it is up to now $400,000. it is not out of the question. in terms of him and his goals, he told me he's going to be down there through the winter, actually through the 2012 election cycle and i also asked him what's your end game? because you've got a lot of end games coming from the protesters down there. for him he said one of his big goals is to get the money out of politics. he doesn't want to see a lot of corporate money and also just individual money and political campaigns the way he wants to see it is taxpayers funding political campaigns. i asked him well, you guys are taking donations from individuals. he said we ar

and harlow there first of the president. and the prime minister's foreign investment advisory council as a result of cease to commissions rules for business became more transparent many administrative procedures for simplified in russia and russia sleekest mission became more aligned with european union surely. there are students. for improvement and russia is constantly working brueggemann so i believe that russia investors challenge by less than positive sentiment based on reliance and red tape. and there is a. perception as much as local. that needs to change that it just mining r.t. . ok student if you go to you first here nestle is obviously an international brand name what is the company's experience here i mean from the very beginning and to what's going on right now actually it's been a very positive experience the company has been here a hundred forty years but in the last fifteen years we've invested strongly in russia and it's been a very positive experience for us we've now got twelve plants ten thousand people a

thanks bill harlow and woman welcome to business r.t. in less around the world are banking on a solution to europe's debt crisis hoping for a comeback of growth from world markets e.u. leaders will be meeting on wednesday but the effect is already being felt by russia's banking sector with moody's giving it a negative downgrade even though we would say that russia today is relatively better than many other countries in the you as an international i mean partner to many of the e.u. countries russia will feel the pressure from countries that are suffering more and that has an impact on the owners of the international banks in russia and on the russian banks as well in terms of international wholesale lending or also the founding so unfortunately the general bust but this will be a worldwide banking segment has an impact on russia as well that's why i think moody's s. s. made these. notes. that of russia's oil pipeline operator transnet says china will settle with seventy five million dollar bill for oil deliveries from russia within a fort

poppy harlow got a close look at the band and the brand. >> all right, rock usa!nd in the world. >> now, the fun begins. >> kiss! >> 38 years ago we put together the band that we never saw on stage, but wanted to. and we did it by the seat of oour pants. we were not marketing gurus. we didn't know what a brand meant. >> fundamentals of how kiss is run are the fundamentals that make for a successful business. look at these heels. look at these heels. what man gets to put red lipstick on nightly? how many people can say that they have done gene simmons makeup. >> i would say none. >> is this all your hair? where did all that hair come from? >> that's a good question. ♪ >> watch this. >> wow. ♪ >> i have no problem wearing a suit here and getting up on stage and looking like your mom's worst nightmare. and i know your mom, so, cut it out. we literally invented the idea of licensing and merchandising. come on in, you'll see what i mean. >> this is what we heard about. oh, my goodness. >> we have kiss lotteries, kiss mr. potato heads. you know, you kind of go like th t

>> that's very interesting, poppy harlow joins us.ll of a magic marker and then moves on to try to trademark "occupy wall street." if he doesn't want the money, why is he doing this? >> it's a great question. part of why we wanted to talk to him. who knows? if he gets this trademark, he won't know for a few months, it will be up to him what he does. he could legally profit from it. this is a former union steel worker so he tells us he's very aligned with the occupy wall street group, believes in what they're doing. he says he doesn't want to profit from it. part of the reason was he was making the t-shirts, he didn't want to get sued for using the slogan. as he said in the piece, he did have a business thought that this could be a business. but when he really filed for the trademark, he said he wanted to funnel the money back to the movement, support this group. i think it will be difficult to figure out how that would work, would he sell the trademark to the group? can can he do that? would he have to donate the profit from any busin

and our own poppy harlow got a behind-the-scenes look at this iconic band.let's rock 'n' roll, folks. i'm not a number. i'm not a line item on a budget. and i'm definitely not a pushover. but i am a voter. so washington... before you even think about cutting my medicare and social security benefits... here's a number you should remember. 50 million. we are 50 million seniors who earned our benefits... and you will be hearing from us... today and on election day. ♪ d medicare prescription dru. ♪ with the lowest nationalpl. ♪ ...and copaysas low a. ♪ ...saving on medicare pr. ♪ so you're free to focus os that really matter. call humana at 1-800-808-4003. or go to walmart.com for details. an accident doesn't have to slow you down. with better car replacement, available only from liberty mutual insurance, if your car's totaled, we give you the money to buy a car that's one model-year newer... with 15,000 fewer miles on it. there's no other auto insurance product like it. better car replacement, available only from liberty mutual. it's a better policy that gets y

. >>> want to talk more about this for homeowners and bring in poppy harlow with cnnmoney.com. help revive housing prices or is this striblgtly a matter of preventing foreclosures and putting a little extra money in people's pockets? >> great question. the initial analysis is that, yes, it could help but it's not the panacea that we need to fix the overall housing crisis. it will do two things if it is effective. first of all, you keep more homes out of foreclosure so you don't add to the glut of homes that are on the market. you don't make the situation worse. secondly, the argument is that you stimulate the economy. if people pay less in their mortgage, if this works, they're going to have more money to spend just out in the broader economy. morgan stanley came out and said, it might be a $7 billion boosts to the overall economy. now, the folks that issue this say it could kick in as soon as december 1st, a near-term plan. again, the president does not need congressional approval to do this. they are predicting that with these changes by the end of 2013 we could see double th

here's cnn's poppy harlow. >> reporter: you know what those are?applications for this movement, occupy wall street. and this guy over here, you see him? he's one of the folks trying to trademark it. >> i made these t-shirts, just a few on the first day, and then i made about 20 on the second day, and then i realized that it's not very healthy to dispel tsme fumes, so i got in touch with a silk screener. >> reporter: why trademark it? >> because when you go into a large order, you have to make a large investment and there is the chance of being sued, the potential. it didn't go through my head that it was a potential business thing. >> reporter: amazon is full of merchandise with that slogan, and an ebay search for "occupy wall street" brings up nearly 5,000 results. then there is ray agrazon who we found online. he's made several thousand bucks so far. >> if it's trademarkable, someone's going to trademark it and why not me? >> reporter: but can anyone trademark occupy wall street? it's not a brand name, at least not yet. >> one would order on the

poppy harlow who usually reports on high finance is going to cover this for us. >> kiss!'t the '70s. it's 2011. and kiss is selling out concerts across the planet. >> 38 years ago, we put together the band that we never saw on stage. but wanted to. ♪ >> we were not marketing gurus. we didn't know the sense of what marketing meant. we just gave the fans what we knew was a band they wanted. >> reporter: but it's the kiss brand that may be worth even more than the music. >> the fundamentals of how kiss is run are the fundamentals that make for a successful business. >> reporter: turns out gene's got quite a collection of kiss merchandise in his l.a. home. and we got a rare look inside. this is what we heard about. the kiss shrine, right? >> come on in. you'll see what i mean. >> reporter: oh, my goodness. from kiss coffins -- >> look at the quality. they also double as coolers. >> reporter: -- to kiss comics, the group has played the marketing game perhaps better than any band in history. even baby clothes. and now boasts some 3,000 different pieces of merchandise. >> we hav

poppy harlow has a look at what is coming up in business news. poppy? week on wall street. we will hear from federal reserve chairman ben ber be nan i can on wednesday afternoon. he will issue the fed policy statement and hold a press conference. the central bankers assess of the economy will be especially important now that europe has reached a debt deal. meantime, the october jobs report comes out on friday morning. unemployment gains have been weak and as a result unemployment still remains above 9%. the market, of course, will watch it all and we'll track it for you on cnn money. back to you. >> thank you so much. appreciate that. >>> how cool would it be to trick or treat at the white house? we will show you the goodies the president and first lady passed out next. >>> more live pictures right now. the world series champions the st. louis cardinals are basking in hometown glory right now. people are so thrilled to see them. live pictures from downtown st. louis. it's the victory parade day for the players and fans. >> the rain held off. a chance of

poppy harlow has a look at what's coming up in business news. pop poppy? >> thanks so much.ing to be a busy week coming up on wall street. we'll hear from federal reserve chairman ben bernanke on wednesday afternoon. he'll issue the fed's policy statement and then hold a press conference. of course the central bankers assessment of the economy will be important now that europe has reached a debt deal. meantime the october jobs report comes out here in the u.s. on friday morning. employment gains over the past few months have been pretty weak and as a result unemployment remains above 9%. the market, of course, will watch it all and we'll track it for you on cnn money. fred back to you. >> all right. alison, poppy, thanks so much. >>> a look at our top stories now. it could be a week before power is restored to homes across the

. >> i'm poppy harlow in new york. will continue watching earnings from big corporations this week. we'll hear from

cnn's poppy harlow takes us on a backstage tour of the mystique behind the lucrative name. >> all rightsa! you wanted the best. you got the best. the hottest band in the world! >> and now the fun begins. >> kiss! >> 38 years ago, we put together the band that we never saw on stage. but wanted to. and we did it by the seat of our pants. we were not marketing gurus. we didn't know what a brand meant. >> fundamentals of how kiss is run are the fundamentals that make for a successful business. >> look at these heels. look at these heels. what man gets to put red lipstick on nightly? how many people can say that they have done gene simmons makeup? >> i would say none. >> gene, is this all your hair? where did that hair come from? >> that's a good question. >> i take my lunch in here. shout it shout it shout it out loud >> look at this. >> wow. shout it out loud >> i have no problem wearing a suit here and getting up on stage and looking like your mom's worst nightmare. and i know your mom so cut it out. we literally invented the idea of licensing and merchandising. come on in. you'll see wha

that's i guess his message to poppy harlow, who just spoke with him. what else did he say?know, it's sbreing. this is the first time i think we've heard publicly from warren buffett about president obama's american jobs act. we talked extensively about that in a long sit-down interview. i want you to listen to what he said. i asked him is the american jobs act that's going to cost a lot of american taxpayer money, is that the right move to create jobs? is it the right way to spend money this country has and many say does not have. take a listen. >> president's jobs plan, you say like it or not, call it this or not, it's a stimulus plan. you sound skeptical, frankly, warren. >> i do think we've used up almost all of the power of both monetary and fiscal policy. that doesn't mean that i think every additional unit we put into it is not going to produce something. the american economy is going to flourish in the future, but we have to work through the housing. that is a big segment of the economy. we will come out of it. no question about it. i can't tell you the date. >> and

well, the berkshire hathaway boss talks to poppy harlow.w >> when you look at europe right now, many feel it's a perilous situation. you said that europe has not brought the u.s. economy down. how bad does it have to get where it truly impacts us? >> well, if they're situation gets somewhat chaotic over there -- >> it's not now? >> well, it's pretty close. when you have the bonds of major countries payable in the same currency yielding 300-plus basis points more than germany, that's something that was not contemplated, believe me, when the euro was established. and it's not something sustainable at all. so they have to come up with a different answer, and they have to come up with it soon. and it has to be pretty darn decisive. and the problem, of course, is you have 17 people -- or 17 countries, and it's hard to have europe speaking with one voice or acting with one strong action. >> we're feeling it here in the united states. today banks are selling off steeply. you've got steep declines from bank of america to morgan stanley. is this bec