seth doane reports. >> reporter: howard buffett owns a 3,000-acre farm in decatur, illinois.an see america's bounty but not far from here he sees folks with almost nothing. you're from one of the wealthiest families in america. do you really see, understand hunger? >> no, i wouldn't understand hunger because my kids have never been hungry. i never put them to bed hungry. i've never been hungry. what i can understand is the humiliation, frustration, even the embarrassment of some people who have to walk into a food bank for the first time and ask for help. >> i want to learn how to farm and my neighbor asked me to help him. >> reporter: buffett is well known for his anti-hunger efforts overseas. we met him this winter in africa. now he thinks he and his fellow farmers should pay attention to the need here at home. >> i went and visited food banks and i started to see a picture i don't think a lot of americans see. millions of our neighbors that don't have enough food to eat on a regular basis. >> reporter: the invest an acre program that buffett announced today will allow the

member joins us to talk about the presidents and republican proposal rules, the buffett rule and tax policy. then howard kurtz and lauren ashburn discuss their newly

member joins us to talk about the president's and republican budget proposals, the buffett rule and tax policy. then howard kurtz, newsweek's washington bureau chief and lauren ashburn, editor in chief of the daily download discuss their newly launched daily download website and the use of social media in the presidential campaign. and barry kluger author of "a life undone, a father's journey." "washington journal" airs every morning at 7:00 a.m. eastern on c-span. >> our specific mission is to work to see that human rights remain a central component of american foreign policy. and that when we are evaluating our foreign policy moves globally, human rights can never be the only consideration, but it has to be part of the dialogue. >> katrina lantos swett. >> when we abandon our deepest values. whether we're talking about torture as it relates to the war on terror or the reset policy with russia and the upcoming issue of whether or not the u.s. congress should pass the accountability act which is -- we don't need to go to into the details of that policy issue but whether or not we're going to stay on record

the buffett rule is clearly an example. but i agree with howard. i wrote about this today.illingly playing an aware game, chris. using a sports metaphor. purposefully going into the gym of the other team. now they think that this old dynamic that you can't win on tax says wrong. that democrats can win now because it's about fairness, not about higher or lower. i would say go back and look historically, democrats rarely win when the debate centers for any extend period of time on tax policy. >> chris, one reason they're doing it, in addition to the point that numbers don't add up and there is further weight on middle class in terms of taxes, is that they have a candidate in mitt romney, obama thinks, that they can attach to this whole question. so they see it all -- >> perfect for this campaign. >> perfect for this campaign. except i'm not sure if it's the democrats as chris said -- >> i'm with howard. >> i'm with all your thinking. except what i like is aggressive politics. we all grew up, gee, howard and i especially, grew up in the cowboy movies when the soldiers would co

buffett rule. and a serious defeat for the king of all media. a look at what is next for howardrn and sirius investors. now back to sue and tyler on "power lunch." >> see you at 2:00 p.m. eastern time. >>> all right. after five days of losses, take a look at apple stock today. that's quite a nice v-shaped rebound. what do the recent losses, though, mean in the larger context of the markets and the economy? bertha coombs is here looking at apple's slide by the numbers for us. hi, bertha. >> on the sixth day the sellers rested. they say you take the stairs up and the elevator down when you start getting this big. that's certainly true with apple. took about 20 sessions for the stock to gain $50 billion in market cap. top $600 billion in market value at its all-time high just six days ago. then that last five days saw that wiped out and then some. that 10% pullback for apple wiped out about $58 billion, $59 billion in market value. that's comparable -- comparable loss if you'd had for any of these stocks would have taken them to zero. u.s. bank corp., goldman sachs, aig, mastercard

buffett rule. i'll tell larry kudlow why. larry will join us as part of his exclusive interview with mitt romney. >>> a stern ruling for howard. stern in his battle with sirius xm. a big loss. a big win for shareholders. >>> and why some believe coconut water, dirty sock water, is the next beverage. >> i think it's delicious. thanks. bulls are back on wall street at least for today. dow is up for the fourth time in five sessions. trying for its first close above 13,000 since april 5th. dow and s&p both having best advances in more than a month. about 95% of the s&p is trading higher. led largely by energy stocks as oil is up a bit. nasdaq has been pretty volatile. close to having its best one-day showing in nearly four months. let's bring in bob pisani now. because, bob, i'd love to know what in the world changed overnight? >> so would i. well, back to you, kelly. i'll tell you something. you want to know the truth? the market today is dominated by short-term momentum trading patterns. they go with it until the middle of the day. that's the truth. however, you want a more satisfying intellectual reason? let me give you the to