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investment management combined with investment servicing. the power of investments to people's lives. invested in the world. bny mellon. >> the mainstream media quick to call them nrs. the liberal website moveon.org protested this position. calling the justice department of the united states of america to a rests eric cantor, speaker of the hou, john boehner. they claim it is for conspiracy of the united states of america. president mark muckler of the groups that this is possibly more than a double standing. >> we know this double standard exists and there will always be there. think we we know that the public knows that we have this little trust in the media. but what we have is calling for political oppositions to be charged with crimes arrested and are incarcerated. that happens is you criminalize your political enemies and it's outrageous for them, especially like move on.org to have that on their webpage. charles: in some ways it makes sense. it's a step do you consider all the media outlets that blame the republicans for. people have

investment management combined with investment servicing. ging the power of investments to people's lives. invested in the world. bny mellon. see who does good work and compare costs. it doesn't usually work that way with health ce. but with unitedhealthcare, i get information on quality rated doctors, treatment options and estimates for how much i'll pay. that helps me, and my guys, make better decisions. i don't like guesses with my business, and definitely not with our health. innovations that work for you. that's health in numbers. unitedhealthcare. [ mthat if you wear a partial,w you're almost twice as likely to lose your supporting teeth? try poligrip for partials. poligrip helps minimize stress which may damage supporting teeth by stabilizing your partial. care for your partial. help protect your natural teeth. john: did you notice the government shut down? >> i noticed it when i saw it on tv but not with any of my activities. john: that is what everyone said except for a few tourist because the statue of liberty was closed. why is it?

bny mellon combines investment management & investment servicing, giving us unique insights which helps attract the industry's brightest minds who create powerful strategies for a country's investments which are used to build neschools to build more bright minds. invested in the world. bny mellon. customer erin swenson ordebut they didn't fit.line customer's not happy, i'm not happy. sales go down, i'm not happy. merch comes back, i'm not happy. use ups. they make returns easy. unhappy customer becomes happy customer. then, repeat customer. easy returns, i'm happy. repeat customers, i'm happy. sales go up, i'm happy. i ordered another pair. i'm happy. (both) i'm happy. i'm happy. happy. happy. happy. happy. happy happy. i love logistics. progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call

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investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. >>> welcome back. another day, another problem for the glitchy obama care websites. this one involves prices and big differents between some premium expectations and how much you end up getting charged. bertha coombs with a story. >> you know, a new function added to the federal exchange to help people quickly preview plan prices is proving to be more confusing than helpful. because the design of the function, well, it breaks down premium pricing into just two age groups. 49 and under or 50 and older, giving one price for each group. depending on where you are in those age ranges, prices will vary widely. we looked at silver plan hmo in new jersey. government estimate was $264 a month. but when we went to amera health site, you could enter your age and they came up with different prices. at $264, the premium was close to what a 21-year-old might pay but a 31-year-old's was more than $300 a month and

investment management combined with investment servicing. ing the power of investments to people's lives. invested in the world. bny mellon. >>> i'm always coming out here and telling you that stocks are at times wildly divergent from the underlying fundamentals. and right now, no two companies illustrate that fact better than best buy the gigantic consumer electronics chain and pioneer natural resources, the independent oil name tearing up the joint daily because of spectacular exploration and production in texas' old permian basin. two enterprises priced wrong in the year and it's worth examining how it could be so. so many people, particularly the academics even recently crowned nobel laureates. let's start with best buy. this stock came in at the year at $11. many worry the biggest brick and mortar purveyor could go under. you know the rap, best buy was simply carrying a showroom for amazon. it was going to go the way of the book chains. and like circuit city was supposed to be the next circuit city, disappear. nobody survives in business

investment management combined with investment servicing. er of investments to people's lives. invested in the world. bny mellon. >>> all right. welcome back, we want to continue talking about the markets with dave and george. dave, to you first. what do you make of today's trade? and what do you think lies ahead here? >> i think the -- little bit of a circus with the government shutdown. and if you look back on the last six times the government shutdown, ten days later the market was up by 2%. short-term, it seems positive for the market. >> sanguine, mr. young? >> i am pretty sanguine. we had a nonevent today all together. the market didn't move, gold didn't move. we're looking long-term. >> but it was supposed to be very traumatic. >> it was supposed to. be remember the story about the boy who cried wolf? eventually this will be a problem. >> don't you admit the market could have a bit of a problem? >> sure. >> maybe the market thinks it's going to end quick, that's why it's up. >> you're exactly right. and that's a good opportunity for us

investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. at a ford dealer with a little q and a for fiona. tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee, affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. get up to $140 in mail-in rebates when you buy four select tires with the ford service credit card. where'd you get that sweater vest? your ford dealer. >>> good morning. welcome back to "squawk box" here on cnbc. i'm joe kernen with becky quick and andrew ross sorkin this morning. because the futures closed lower yesterday in terms of fair value, it doesn't look quite as bad as the actual futures this morning. but still down 69 points or so on the dow. and a lot of it has to do with the government shutdown, which is

investment management combined with investment servicing. ging the power of investments to people's lives. invested in the world. bny mellon. neil: all right, this guy is a pretty influential player in it debate. you have to do something, what >> you know, this is -- we got we're following regular order in the house, which has not been done in quite a few years. we're asking conference committee to come down, sit down and talk, you don't negotiate by asking to be told no, you negotiate by sitting down and talking out the issues. we're talking about a entitlement that will bankrupt our nation, and harry reid calls it the republican shut down the government for little things. obamacare is not a little thing, it is a giant entitlement on top of other giant entitlement all of which we know have to be fixed. now, why not sit down and talk? neil: all right but that not happening, and president after this meeting today made it clear, he is not compromising on this health care thing. leave that out we're back to where we were, i don't know why they e

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investment management combined with investment servicing. ng the power of investments to people's lives. invested in the world. bny mellon. we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can say, "i did it!" ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. turning dreamers into business owners. help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. customer er

investment management combined with investment servicing. ging the power of investments to people's lives. invested in the world. bny mellon. >>> time for what do i need to know for next week? wayne is up first. >> look at xbi. not a short trade. a long-term holding. i think in the biotech industry, you need to do that. >> things are looking good in biotechs. do you like that, jonathan? >> it's not on the radar screen, but africa and the middle east are. they are slowly and surely moving away from collectism to individualism. we'll see what we saw in china for the last 25 years. look at gulf, it owns a lot of the middle east countries. and i think it goes higher from here. >> last year you had m.e.s. you are staying in the middle east. risky but you like them? >> we're bullish on stock but most happen to be in africa and the middle east. >> you have been hot. great. this is a heated debate this week. thanks for hanging out. wayne and john, thank you. that's it for cost of freedom block. thank you for joining us. before we go, nearly three yea

investment management combined with investment servicing. bringing the power ofinves. in the world. bn. customer erin swenson ordebut they didn't fit.ne customer's not happy, i'm not ppy. sales go down, i'm not happy. merch comes back, i'm not happy. use ups. they make rurns easy. unhappy customer becomes happy customer. use uthen, peat customer.easy. easy returns, i'm happy. reat customers, i'm happy. sales go up, i'm happy. i ordered another pair. i'm happy. (both) i'm happy. i'm happy. happy. happy. happy. happy. happy happy. i love logistics. >>> well, the white house reversing itself and now agreeing to let states reopen some national parks but states ve to do it with their own money. tourists and prate businesses voicing outrage about bein locked out of parks across america in the partl shutdown. steve, you have a plan tokeep national parks from ever becoming a political bargaining chip again. what is it? >> dav, that is to privatize them. if you don't want to privatize the wholole thing, priritize the operations so you don't have the shutdowns and make sure you

investment management combined with investment servicing. ower of investments to people's lives. invested in the world. bny mellon. >>> predictions. gary b., take it away. >> i'm throwing in the towel. obama care, whether you like it or not, is going to survive and grow like a bad weed. you might as well take advantage of it. buy etna, one of the health care insurance providers. >> bull or bear? >> bear. >> what is your prediction? >> al gore says that old companies are the next subprime. there's a reason this guy couldn't win his own home state. he is crazy. chevron up 20%. >> do you like that, jonas? >> bear. >> tracy, your prediction. >> google closed over $1,000 for the first time, and all the tech bubble freaks come out. it's not a bubble. it's a boom here. it's got legs. >> jonas, your prediction? >> nabisco owns oreo. they just found out they are like drugs. but they are making cameras to spy on you at the grocery store. 20% in a>> bull or bear? >> i'm a bull on john's coat. >>> neil cavuto right now. >> in it to win it. but are they i

are jacked up over stocks our gang finds with bny mellon combines investment management & investment servicings unique insights which help us attract the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright minds. invested in the world. bny mellon. >>> put up or shut up. stocks our gang is buying with their own green. adam? >> charles, vanguard's reit index etf. everybody should have real estate in their portfolio. i have this. this is a very inexpensive way to own real estate. i just want to stress this should be a portion of your investments, not a big bet. small bet. >> but you are buying it, though, yourself? you bought some? >> all the time. regularly, i do. yeah. >> larry, you like that one? >> i commend adam. this is a terrific vehicle to play real estate. however it may be the wrong time for reits. a lot of new supply and construction coming online. maybe higher interest rate? is that a construction crane behind you, adam? >> what do you like, larry? >> something there is no shortal of in washingt

bny mellon combines investment management & investment servicing, giving us unique insights which help us attract the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright minds. invested in the world. bny mellon. over coffee this woman said came. suing for $2 million. she said a cup of joe passed to her fell into her lap and caused second-degree burns. it is two decades after a jury awarded another customer $3 million in a similar case. jonathon, you say these costly frivolous suits have got to stop, what say you? >> it is another example of why we need tort reform. she ordered hot coffee. she spilled hot coffee. how much more clear do you have to get? it is the total dismissal of individual responsibility in our culture. if you ordered a burrito andit e eating it too fast is that taco bell's fault? no. it is your fault. i don't want to take away the right to sue and seek damages, but until the judicial branch reforms tort reform is needed. >> you can't choke on the burritos atta co bell. they are

out chrysler just did that may drive taxpayers bny mellon combines investment management & investment servicings unique insights which help us attract the industry's brightest minds whcreate powerful strategies for a country's investments which are used to build news to build me bright minds. invested in the worl bny mellon. [ crashing ] [ male announc ] when your vorite food starts a fight, fight back fast with tums. heartburn relief that neutralizes acid on contact and goes to work in seconds. ♪ tum, tum tum tum tums! >>> u.s. taxpayers bailed them out, n chrysler is spending $1.2 blion to expand and create jobs in, get this, mexico. now ironically, the car maker still owes u.s. taxpayers $1.3 billion, and gary b., you say told you so. >> exactly, brenda. i ink anyone watching this would be outraged. but not outraged at chrysler. look, chrysler did what any good corporate entity should do. they saw a sweetheart deal. they took it. they ran with it. they are going to enhance their own hand. the ouage should be directed at the government. once again, once ai brenda. we sat here years ago d said

bny mellon combines investment management & investment servicing, giving us unique insights which helpact the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright minds. invested in the world. bny mellon. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrft. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment ha

invement management combined with investment servicing. ng the power of investments to people's lives. invested in the world. bny mellon. [ mthat if you wear a partial,w you're almost twice as likely to lose your supporting teeth? y poligrip for partials. poligrip helps minimize stress which may damage supporting teeth by stabilizing your partial. care for your partial. help protect your natural teeth. gerri: end helped for housing put on hold as a government that deals wi the government shuts down and ceiling joining me now are real este ceo from better holmes a and gardens it is great to have you here. one of the b fears is the government shut wn one of the unintended consequences is the jumbo loans cannot be closed because the irs has shut down how does that impact you? >> we have on see that yet to be honest. it impacts every industry to raise certain extent but not much has happened with real-estate. but one of our concerns is th government employees that are not being paid could end up having trouble paying were digit -- mortgages. ge

investment management combined with investment servicing. ging the power of investments to people's lives. invested in the world. bny mellon. lou: here is the a-team. author and radio talkshow host monica crowley, all three of our guests are talkshow guests are talkshow contributors great letter with you, monica. >> now we are in a status quo situation. in the end, they ended up caving because the realism finely pointed to that. >> let's talk straight. our strategies don't make sense, we are screwed up, and dashed. >> what strategy? no one from the republican party is doing anything. >> at what point are republicans were to say that it's time to grow up? we are not smart enough to play with mr. obama, then the bring in adults who have intelligence and capacity. >> you have to have people in conservative movement during long-term strategic thinking and short-term strategic thinking. >> there is no political way. >> is there any way the republicans can find their way out of the wilderness? >> i have been saving entrancing that and we do have th

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investment management combined with investment servicing. of investments to people's lives. invested in the world. bny mellon. >>> this is "worldwide exchange". the headlines today -- u.s. markets starting to feel the strap of the government shutdown. growing anxiety that the budget impasse would stepped to the next fiscal fight over the debt ceiling. >>> the twitter bird is taking flight. the social media company publicly up veiling details about its ipo. >>> berlusconi's political future in the balance. he could be expelled from parly the. >>> and samsung prepares for slower growth in the mobile space. >>> it's not jobs friday because of the shutdown. anyway, welcome to you if you've just skroip ejoined us estate s. u.s. markets getting twitchy about the ongoing shutdown and as we get closer to the debt ceiling deadline. biggest decline dow in two week. s&p having its worst season for around about a month or so. today the s&p is currently just two points above fair value. nasdaq is about six points above fair value and the dow around about

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investment management combined with investment servicing. ging the power of investments to people's lives. invested in the world. bny mellon. they're the days to take care of business.. when possibilities become reality. with centurylink as your trusted partner, our visionary cloud infrastructure and global broadband network free you to focus on what matters. with custom communications solutions and responsive, dedicated support, we constantly evolve to meet your needs. every day of the week. centurylink® your link to what's next. neil: halftime. even with the lead latest budget settlement. investors are fleeing the u.s. after we avoided what we were told would be anarchy, trying to find a safe place for their cash. some are saying that they told you so. >> well, first of all, how we have settled this, we didn't settle anything. all we did was kick the proverbial can down the road and then if you just back up and consider what happens, 18 senators voted for the fall, not just for reopening the government or understanding that, but they voted

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investment management combined with investment servicing. ging the power of investments to people's lives. invested in the world. bny mellon. we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can say, "i did it!" ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. neil: i don't know who ultimately wins with these various find that they are talking about in the brokerage and bank industry. but when all is said and done, law firms are going to make out like bandits. at the very least and all is said and done. likely upwards of $100 billion. >> i'm not surprised at the amount of legal fees. but the impetus behind this is the government acting like a gaggle of pirates sticking up the banks. chase lost $4 billion, jpmorgan chase lost $4 billion of its own money with reckless and wild a

investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. >>> don woods, what's the next level you're watching for here. >> we have not had any new news stories. that was the bottom line in the sand. we had the -- and it sort of morphed itself into i wouldn't say a solution but they are trying to market it out it will stay above 100. >> from crude to a billionaire investor. leading names watching the fall-out from the dc shut down. joining us now to discuss this as well as his top investments right now. good to see you. >> nice to be back. >> do you think that the shut down is being blown out of proportion but how about the debt ceiling. >> they both are. they both -- let's put them in perspective. hit from government shut down. government spending is $30 billion a day. so, this is not a big event in the overall scheme of things. it would take 57 days of shut down to have a 1% impact on gdp. all of the scare stuff is way, way overblown. the republicans see

bny mellon combines investment management & investment servicing, giving us unique insights which helpact the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright minds. invested in the world. bny mellon. nice car. sure is. make a deal with me, kid, and you can have the car and everything that goes along with it. [ thunder crashes, tires squeal ] ♪ ♪ so, what do you say? thanks... but i think i got this. ♪ [ male announcer ] the all-new cla. starting at $29,900. customer erin swenson ordebut they didn't fit.line customer's not happy, i'm not happy. sales go down, i'm not happy. merch comes back, i'm not happy. use ups. they make returns easy. unhappy customer becomes happy customer. then, repeat customer. easy returns, i'm happy. repeat customers, i'm happy. sales go up, i'm happy. i ordered another pair. i'm happy. (both) i'm happy. i'm happy. happy. happy. happy. happy. happy happy. i love logistics. gerri: one of the biggest problems of the obamacare is the american people don't know e. enough

investment management combined with investment servicing. of investments to people's lives. invested in the world. bny mellon. >> time to hit today's top trades. j.p. morgan dropping. when the news first crossed there was not too much of a reaction in the stock. >> the stock flipped about 60 cents. there was no positive as far as from the government saying the d.o.j. was looking away saying it's done. we're not going to let them do this settlement if they don't agree to all of the terms. the stock kept lifting all the way up. >> all right. next up from the big banks to big tech, yahoo! catching upgrade to outperform market performance. >> the analyst community is pretty mixed on it. he is basically saying that it is worth $190 billion if it comes public in the next six months or so. so they are basically getting the yahoo! business for free. i think people want to own it. i think it's a buy at 30. sit going to be one of the biggest businesses in the world and it's chinese. >> if it lists here in the u.s., you will still have as many doubts a

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investment management combined with investment servicing. he power of investments to people's lives. invested in the world. bny mellon. lou: here is a problem for major league baseball alex rodriguez has followed up -- filed a lawsuit against the commission in claiming they engaged a witch hunt an used mob like tactics to destroy his reputation and costing him tens of millions of dollars. rodriguez also files a separate suit against the yankee doctor today. this week marks the 100th the anniversary of the federal income tax when next guest says there is a reason to celebrate as the ira's proves to be a cancer of the body of justice of liberty we have radio talk-show host and producer of the film unfair exposing the irs. you are shooting now what percentage of production? >> 80% done with the primary photography in we will wrap up a 32 day nationwide bus tour from location to location finding the stories of the people affected by the irs. not just political hour two-party. lou: then what is it? >> people who adopt children overseas they are ta

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& investment servicing, giving us unique insights which help us attracthe instry's brightest minds whoe powerful stragies for a country's investments which are used to build new schools to build more bright min. invested in the world. bny mellon. ♪ lou: as we reported the possibility of a shift in the impasse in washington, a republican proposal to approve a short-term increase in the debt ceiling thrown into late today a senate democrat insisting be partial government shutdown be lifted before talks can proceed. the white house just released this statement saying the president had a good meeting with members of the house republican this evening after a discussion about potential paths for word. no specific determination was made. joining us now, one of the republican leaders in the room with the president, congressman buck mckeon, the chairman of the armed services committee. mr. chairman, good to have you with us. >> thank you. lou: it appears that the market was not wrong in its reaction. at least their is a prospect of some opening in this impasse. >> well, it seems to be. you know

investment management combined with investment servicing. power of investments to people's lives. invested in the world. bny mellon. see who does good work and compare costs. it doesn't usually work that way with health care. but with unitedhealthcare, i get information on quality rated doctors, treatment options and estimates for how much i'll pay. that helps me, and my guys, make better decisions. i don't like guesses with my business, and definitely not with our health. innovations that work for you. that's health in numbers. unitedhealthcare. gerri: the obamacare exchanges started this week and many have questions we bring you the top experts to help you answer we're back with former hhs secretary levitt and joining us now that director of health. director, secretary what do you see as a major stumbling block for obamacare? >> the big stumbling block or obstacle is getting the systems to work over the course of the last three days we have seen very few people actually able to get into the system to create an accounting and interact with

investment management combined with investment servicing. inging the power of investments to people's lives. invested in the world. bny mellon. >> it's important to understand that you know prioritization is not about avoiding default, it is about managing our default, this is united states of america not paying its bills on time. neil: think about what white house economic advis advisor gee spears, benzak, salomon & sperling was saying. whole process itself is like a default, former goldman sachs vice chairman, is not buying it. he said, market should not buy it either. and they are not. robert, i heard that i said, rewrack the tape on that, but what do you make of the argument this process is defaultish? >> well, he may be right. but the point of this is, this shot a financial issue we're dealing with. this is a leader ship crises in washington. the reason it is so devastating it undermines confidence this american people in world have washington to act like owners. they have to do it. this is a leader ship crisis, not a financial crisis,.

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investment management combined with investment servicing. the power of investments to people's lives. invested in the world. bny mellon. >> we have worked incredibly closely and i think that this is one of our best conversations on that and it has been a great working relationship. neil: chris christie got throttled by a lot of republican conservatives with the president right after hurricane sandy. but this could benefit him in the long run, especially when it comes to reelection by a big margin. former senator olympia snowe says we can reach out and get things done and that's all the better. senator, it's always good to have you. >> thank you. >> i have always thought that we have made this sort of like a negative. and yet it is what it is. what do you make of this? >> it is a result of the polarization that has developed in the legislative process and you have to make the system work and solve problems and that is what chris christie dead with an appropriate response to a major disaster as anyone of us way. >> so you don't think he overly

investment management combined with investment servicing. ower of investments to people's lives. invested in the world. bny mellon. customer erin swenson ordebut they didn't fit.line customer's not happy, i'm not happy. sales go down, i'm not happy. merch comes back, i'm not happy. use ups. they make returns easy. unhappy customer becomes happy customer. then, repeat customer. easy returns, i'm happy. repeat customers, i'm happy. sales go up, i'm happy. i ordered another pair. i'm happy. (both) i'm happy. i'm happy. happy. happy. happy. happy. happy happy. i love logistics. gerri: you're probably using social media to keep up with friends and family also a vital tool to grow small businesses consumers use digital media 15 hours per week and only 30% to actually use that. joining me with tips on how small business can turn this into a growth scenario taken for coming on to the show. we were talking about what is the best social medium to use? >> right now they are embracing facebook and found 25 percent of small businesses are using social med

investment management combined with investment servicing. investments to people's lives. invested in the world. bny mellon. customer erin swenson ordebut they didn't fit.line customer's not happy, i'm not happy. sales go down, i'm not happy. merch comes back, i'm not happy. use ups. they make returns easy. unhappy customer becomes happy customer. then, repeat customer. easy returns, i'm happy. repeat customers, i'm happy. sales go up, i'm happy. i ordered another pair. i'm happy. (both) i'm happy. i'm happy. happy. happy. happy. happy. happy happy. i love logistics. stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. neil: this just in -- nothing going on in u.s. capitol, a big old dome, someone is playing for the lights, does is seem darker than normal. but you know we're going to week two, nowhere near getting out of this. this drags on too long, it does not help with confidence, and the delay, you know, fha, and approved mortgage its gets messy. >> short-term buyers like a l

doug collins on the latest development coming up bny mellon combines investment management & investment servicingng us unue insights which help us attract the industry's brightest minds who create powerful strategies for a cotry's investments touild more bright minds. new schools invested in the world. bny mellon. u really love, what wou youo?" ♪ [ woman ] i'd be a writer. [ man ] i' baker. [ woman ] i wanna be a pie maker. [ n ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someoncould pay you andhat if that peon were you? ♪ when you thinkbout it, isn't that what retirement should be, paying ourselves to do what we love? ♪ lou: we will be talking politics here. les put together some contacts. washington politicians taking g hits on olls on day 11 o thegvernment shutdown. a new gallup poll shows just 18% of americans are satisfied with the way the nation is being governed. and that is an all-time record low. and wall street journal report finding60% of mericans are -oting t replace every single member of congreress if they cod come and yes, that is a record high. the assoc

investnt management combineds with investment servicing. ng the power of investments to people's lives. invest in the world. bny mellon. charles: the foreign markets are open, a couple of them are up. australia, and japan. meantime, deadlines are coming congress decided to enjoyythe week. why not. it is a holiday week, house recessed most of saturday, all day sunday, and returned this afternoon. imagine iffyou or i ditched work, when there was really serious work to be done? my next guest are small business owners who are fed up with washington. patty mcgreuely. known for getting in the president's face in 2009, and tj gentle, a small be ceo who met with the president last week, tj, what the heck is going on? they take a break? >> you know, i think if these guys had to run their own business, they would not be in business long. we would have worked through the week to work this out with a huge even occurring with the debt ceiling. charles: patty, a lot of time people try to equate government to. saying, we would never be in this pr problem,

investment management combined with investment servicing. the power of investments to people's lives. invested in the world. bny mellon. lou: more volumes in egypt today, a day after at least 50 people were killed and hundreds injured in street clashes across egypt. a bomb exploded in the sinai peninsula, a security convoy near the suez canal. yesterday's death toll is the highest since the new military backed government launched a crackdown on the muslim brotherhood back in august. secretary of state john kerry offering bishara al-assad's regime -- bashar al-assad regime to inspect chemical weapons. the secretary of state praise it is a good beginning and a credit to the bashar al-assad regime for immediate action. and a navy warship in the mediterranean interviewing the al qaeda leaders over the weekend in libya. an individual is accused in the 1998 american embassy bombing in east africa because he was indicted by a grand jury in new york and the fbi office is taking the lead. he is expected to be brought to new york sometime this week an

investment management combined with investment servicing. ng the power of investments to people's lives. invested in the world. bny mellon. if you've got it, you know how hard it can be to breathe and man, you know how that feels. copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with co

investment management combined with investment servicing. ower of investments to people's lives. invested in the world. bny mellon. charles: according to a focus group held this week, washington should just stop the nonsense. >> i think politics and politicians are discussing things that are not important to us. i think they are discussing. i don't think they care about me as a person but getting my vote. >> do you think they care about the country? >> no. they care about their version of what they want the country to be. >> to put it in a nutshell, they are stressed in terms of how to deal with the economy and they are pissed off about what is going on in washington. they see washington as absolutely leaderless and it's chaotic. and they are upset and they are kicked off and they are angry about what is going on in washington dc. charles: did they have one specific group of people they were angry at? >> any elected politician comes into play in the mentioned everyone from john boehner could president obama. but there is a sense that starts a