starbucks ceo howard schultz has some strong opinions on this and he'll join our roundtable. >>> and later, late-night comics take on sarah palin. >> we can take governor chris christie at his word. i think he put the nail in the of coffin. >> if i were the media, i would go back to lavish unwarranted attention on other noncandidates. since 1894, ameriprise financial has been working hard for their clients' futures. never taking a bailout. helping generations achieve dreams. buy homes. put their kids through college. retire how they want to. ameriprise. the strength of america's largest financial planning company. the heart of 10,000 advisors working with you, one-to-one. together, for your future. ♪ she won't eat eggs without hot sauce. she has kind of funny looking toes. she's always touching my hair. and she does this dancing finger thing. [ male announcer ] with advanced technology from ge, now doctors can diagnose diseases like breast cancer on a cellular level. so that women, like kristy's mom, can get personalized treatment that's as unique as she is. [ kristy ] she's definite

choose to benefit those kids throughout the country who are being left behind. >> all right. >> howard schultznsor not afraid to say starbucks doing great things stepping in where there is a need in our country. howard, thank you very much. >> thanks, howard. >> thank you. thank you for everything you're doing. you're making a big difference. we appreciate it. >>> up next what did they know and when did they know it? did the white house ignore warnings that may have saved taxpayers $500 million? the story is next. we'll be right back. yesterday doesn't win. big doesn't win. titles corner offices don't win. what wins? original wins. fresh wins. smart wins. the world's most dynamic companies know what wins in business today. maybe that's why so many choose to work with us. we're grant thornton. audit. tax. advisory. it's pro-cool technology releases armies of snowmen masseuse who cuddle up with your soreness and give out polar bear hugs. technology. [ male announcer ] new bengay cold therapy. the same technology used by physical therapists. go to bengay.com for a $3 coupon. the same technology u

starbucks ceo howard schultz is trying to show we're all climbing this hill together, providing small loans to small businesses that prove they will hire. >> i think it's about americans helping americans to bring back the self-esteem of those individuals who have been left behind. >> reporter: now starbucks is putting $5 million of its own money into this effort and starting next tuesday, they'll be selling wristbands in stores for $5 apiece, that money going to help create jobs and schultz says creating self-esteem, diane. >> john, thank you. and we want everyone at home to keep writing us, as well as our partners, yahoo! we're listening now at abcnews.com. we want your thoughts about this. >>> and moving across the country tonight, residents of one american city have a kind of weather whiplash. 48 hours after record-breaking heat, denver was walloped by six inches of snow. abc's clayton sandell givens us a quick tour. >> reporter: good evening, diane. if you can believe it, it was 80 degrees only two dames ago here, and now look. the snow has been falling since midnight and it is s

starbucks ceo howard schultz called small business an engine for job growth that is now stalled.und is designed to give small entrepreneurs access to credit so they can hire again. starbucks foundation gave $5 million to get the fund started, and starting november 1st, starbucks customers will be able to donate to that fund. >>> bank of america customer,frustrated this morning. cnbc's jackie deangelis joins us live with more on why. jackie, good morning to you. >> good morning to you, eun. >>> bank of america says its website has been restored. b of a has been trying to get it back to full speed since friday. customers very, very frustrated around the fact they weren't able to use the website properly around that key first of the month period when things like rent and mortgage payments are due. b of a says the site issues aren't because of hackers or a virus, but the timing is attracting attention as bank of america announced last week it would start charging a $5 monthly fee on its debit cards. fed chairman ben bernanke makes a trip to capitol hill today. all eyes will be on him

. >>> let's turn our attention to howard schultz, the boss of starbucks, and that's in talk to expandts coffee franchise in india. many say the company is weeks away from inking a deal with tata in india it also plans to triple the number of outlets it has in china by 2015. >> now just depending on your point of view, the bagpipe is either a magic instrument or a little more than high-pitched irritation. they are usually -- mainly scottish, but celtic really, anywhere in northwest europe. well, actually not always. ♪ >> reporter: mohamed arif has a very important job. he is the man who gives the stamp of approval to bagpipes sold around the world. good pipe? >> yes. >> reporter: every month mohamed said he test about 1,000 bagpipes in this factory in one of the top exporters of bagpipes in the world. but this may surprise you -- this is not scotland this is pakistan. pakistan is one of the top exporters of bagpipes? >> yes. all over the world, the bagpipes are being exported. >> reporter: legend has it they started making bagpipes here during the 1920s as scottish businessmen came to

starbucks ceo howard schultz's idea.y finance network, a nonprofit that helps give small businesses loans so 5 bucks gets you a red, white and blue bracelet showing you donated to help create jobs in america. rhapsody buying nabster subscribers. rhapsody is buying

the push was started by starbucks ceo howard schultz. he wants to send a message to washington that they're unhappy with gridlock and partisan shp. >>> michele bachmann is in new hampshire which up until now she hasn't done much campaigning. she's concentrated most of her early efforts in iowa, but she's fallen in polls. >> it appears that your campaign is imploding. why has there been such a downfall in the national polls as well as in the state polls for you. >> your assessment is completely inaccurate and not correct at all. >>> his mormon religion. a texas pastor introducing rick perry called mormonism a cult. >> rick per se a christian. he's an evangelical christian, a follower of jesus christ. mitt romney is a good, moral person, but he's not a christian. it has always been considered a cult by the mainstream of christianity and it's the difference between a christian or a non-christian. >> let's bring in jo reid and tim carney. good morning to both of you. thank you for coming in on the holiday. what do you think? should romney co

howard schultz. thank you.lause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> i hope you have all had your crop in this morning. next, david rubenstein. you may know, he was in the carter white house many years ago. i was in law school. we all knew that david would sunday -- that we would all some day be working for david. he is a great speaker, on many documents, and today will tell us one that we are not aware as others. >> thank you. many of you will hear a lot of speeches. yesterday, today, about the economy, and that is a subject upon which i often talk because i'm in investment business, but i am interested american history. i came to the white house and learn more about american history as a result of that. more recently, have gone into the habit of buying american documents and getting them displayed and having them out so that the public can learn about them. what i would like to talk about today is a subject that i think i can enca

starbuck's ceo howard schultz is trying to show we are all climbing this hill together.small business that prove they will hire. >> i think it is about americans helping americans to bring back the self-esteem of those individuals left behind. >> reporter: starbuck's putting $5 million of its money into the effort. starting tuesday in 7,000 stores they will sell wristbands for $5 apiece. proceeds going towards building jobs. schultz says, building self-esteem. john berman, abc news, new york. >> so many people criticize the wall street protests, where its the agenda, not specific enough in what you want to do. numbers you saw in the story, that is kind of what they are railing against. maybe a nebulous kind of agenda. the numbers kind of tell the story where we are as a country. >> they are very depressing. to think that those gains are so hard to make. stand they've been getting harder and harder. president obama said he wants to increase taxes on the wealthy. but every time he tries to do it. it doesn't happen. >> class warfare argument. we will see how things move pol

[applause] >> thank you. >> howard schultz. >> thank you. [applause] [inaudible conversations] >> that was good. i hope you've all had your cough cough -- coffee this morning. next up we have an old friend of mine, david rubenstein, who you may know. he was in the carter white house many years ago. i was in law school. um, we all knew that david would someday -- someday be working for david. david is a great speaker, he owns many documents, and today he's going to tell us about one that we are probably not as aware of as some others. >> thank you very much. >> thanks, david. >> margaret, thank you very much. um, many of you will hear a lot of speeches yesterday and heard and hear of speeches today about the economy, and that's a subject about which i often talk because i'm in the investment business. but as margaret said, i am interested in american history. i worked at the white house and came to know much more about american history as a result of that, and recently i've come into the habit of buying some historic american documents and tr

howard schultz, head of starbucks. found myself growing more and more frustrated at the lack of cooperation and irresponsibility among the officials as they put partisan agendas before the people's agenda. this is not the leadership we have come to expect or deserve. what is your assessment of the situation the country, mr. penske quiet >> you know, i think what we are focused on is less about the talk and more about what we can do. that's what this partnership is about and i think it came out as -- from howard said he came under cowher's frustration with the issue described. there's no question that we have -- we are stuck in some of our policy and politics. we are stuck in our lending and we need to move forward. what we're trying to do is they can't pretend to be the whole solution, but it perhaps can help jumpstart the solution. so what we're trying to do is worry less than a sense about what's not happening in trying focus on what could have been. what we know from our work over 30 years at sub 10 is that 95, 98,

host: howard schultz, head of starbucks said, i found myself growing more and more frustrations at the lack of cooperation and irresponsibility of elected officials has they have put part san agendas above the people's agenda. this is not the leadership we have come to expect nor deserve. guest: i think that what we're focused on is less about the talk that's going on and more about what we can do. that's what this partnership is about. i think it came out -- it came out of howard's frustration, which you described. there's no question that we're stuck in some of our policy and politics. we're stuck in some of our lending. and we need to move forward. what we're trying to do isn't whole solution. it can't pretend to be the whole solution. but it can be part of the solution. and perhaps it will jump-start the solution. so what we're trying to do is worry, in a sense, about what's not happen and focus on what can happen what we know and what we know from our work over the years with cd finance network's, is that 99% of the american people just want a chance, an opportunity, to move forwa

the company's ceo, howard schultz, says he's freighted by the dysfunction in washington, d.c. people in positions of power to put their feet in the shoes of the people who are being left behind. >>> 8:52. he's been on tv for years. he's been a familiar face for millions. andy rooney signed off from "60 minutes" for the last time. >> this is a -- this is a moment i've regretted. i wish i could do this foreover -- forever. but i can't. writers don't retire. i will always be a -- i will always be a writer. >> indeed. his weekry session -- his weekly segment "a moment with andy rooney" started in 1978. >>> we'll have more of "mornings on 2" when we come back, including an update on the officer involved shooting in san francisco. ♪ okay, so who ordered the cereal that can help lower cholesterol and who ordered the yummy cereal? yummy. that's yours. lower cholesterol. lower cholesterol. i'm yummy. lower cholesterol. i got that wrong didn't i? [ male announcer ] want great taste? honey nut cheerios. want whole grain oats that can help lower cholesterol? honey nut cheerios. it's a win

times" says a third party is likely because of howard schultz of starbucks -- that could hurt presidentbama in the reelection effort. guest: a serious third-party is not likely. certainly, if there is one, hope it will not come from the more progressive side of the ideal. all you will do then is elect a right winger or at least someone who will be beholden to the right wing and i think that will be a problem. i am in favor of having a third party in this country at some point, but i'd like it to be a legitimate third party. you do not start a third party in this country -- many people have proven this -- by running somebody for president

times" saying a third party is like lig because of howard schultz of starbucks because of his american elect and that could hurt president obama. >> guest: a serious third party is not likely, and i think certainly if there is one, i hope it's not from the more progressive side of the aisle because all you do then is elect a right winger or somebody who is beholding to the right wing, and i think that will be a problem, so i actually am in favor of having a third party in the country, but i want it to be a legitimate third party. you don't start one in this country, and people proved this the hard way, but running somebody for president and having no base and not doing the work for four years. you start a third party by running in congressional races and city counsel races. you want to see successful third party, look at the greens this europe that started at local races, ran unscheffelly for a long -- unsuccessfully for a long time, and then ended up in the german government with impacts in the environmental policy. the idea you have to be a billionaire and run if president of the uni

>> and howard schultz of starbucks -- >> this president has passed the steepest financial reforms thanny president has. they may be -- they absolutely are not enough. but let's keep that in mind when you look at past politicians and future ones and what they have done to take on wall street. this president's done more. can you argue with that? >> i certainly can, but it makes me tired. it really does. it's a laughable proposition to suggest anything other than the fact this president's talking out of both sides of his mouth. i hate to always go back to this standard, but if george w. bush were criticizing wall street and then took in more money from wall street than all democratic candidates -- >> not just wall street -- >> -- combined. oh, my lord, they would be going crazy. willie, can i get an amen over there? >> i'll give you an amen. >> there's no doubt about it. and i've got to give "the washington post" credit, the "new york times" tried to whitewash it this weekend. which surprised me about the times, i didn't say anything. but "the times," they're smart enough to know. they we

the goal here is to respond to what we hear in communities, what howard schultze has told me he hears from works -- from folks working in stores and what i hear all the time going out in communities, whether it is in rural dot dakota or anywhere else. -- south dakota or in your house. those people are looking for a means to do something. that is what we are trying to do here. the host: last couple of calls for mark kaniewski. -- mark pinske. caller: one of the things to strike me as the with the government has treated the factory worker in this country. we have lost half of our manufacturing jobs in the last 10 or 12 years. the republicans passed nafta. and of course, bill clinton signed the bill so that there are both democrat and republican responsibility for this. i want to see the government start protecting our manufacturing base, rather than allowing it to be sent overseas. the chinese protect their own economies through their manipulation of their currency and by duties that they charge on people trying to shift into china. into china. one of these days the middle class will re