government lost a transaction with a chinese ire for national security reasons.y will sell almost $17 billion to iran. it's the first deal of its kind since 1979. they may have to sell the deal to president-elect donald trump. donald trump as opposed to the nuclear deal with iran. this clears the way for the boeing. that is the latest bloomberg business flash. battle of the charts is next. we battle over the yield curve. this is bloomberg. ♪ julie: it is time for our global battle of the charts. we look at some of the most telling charts of the day. assess --k that -- access them on the bloomberg. taylor riggs is right here besides me. taylor: we have been talking about the 10 year yield and hitting the 2.5 range. that is a big deal. i will field -- want to take a look at the yield curve in general. a year ago, where we were when the fed raised rates for the first time since the financial crisis. then we go down to the blue, which is the day after election day. we pop up. we're much steeper now on the white wine today. the 30 year is approaching the 320 mark. the

president-elect is not concerned about, having too many billion irs aaires and multimillionaires in his administration. he chose gary cohn to be national economic director, a day after he explained his thinking like this. >> one newspaper criticized me. why can't they have people of modest means? because i want people that made a fortune, because now they are negotiating with you. okay? >> reporter: new disclosure documents reveal mr. trump spent a fortune to become

each year, more nations lose --ir sovereignty to mark six marxist intrigue. the encirclement of the last bastion of capitalism. odds the united states? how goes the battle of the land of the free and the home of the brave? >> the communist plan for the conquest of the united states was explained to the american agent. by an he was sent to this country by josef stalin for the specific purpose of laying the groundwork for the education that would eventually develop into a negro revolutionary movement. apparently negro problems was -- american negro problems was published using an alias and had the official communist line for american. fight against imperialism must recognize clearly tremendous revolutionary possibilities of a liberation movement of the negro people. the black man of the south, with agriculturalnegro working masses, with its jim crow laws, its semi-people status and political system still bearing the earmarks of the time of slavery constitutes virtually a colony within the body of the united states of america. the workers communist party of cent

joining us josh, politics editor for the national journal and jamie sen ire writer for the daily caller, jamie, you could expect that elizabeth warren would probably not be happy with just about anybody that donald trump would pick for his cabinet. what about this idea, betrayal, is it? >> well, the american people just elected a guy who lives 60 stories above manhattan what appears to be a replica of what is saddam hussein's palaces. if donald trump appointed billionaires, i'm not sure they would be so upset by the fact that they were all wealthy. at the end of the day, the results that they produced, if not money in bank accounts. i'm not sure this is going to be seen as betrayal. what might be seen as betrayal is if they don't perform. jon: josh, i'm reminded of the old saying, when was the last time you took a job from a poor man? you generally have to be wealthy to know how to run complicated organizations or those two qualities often go hand and hand, what do you make of the selection so far and the criticism that's being leveled toward the incoming administration? >> well, look,

conduct morning colors when they to hear the d sounds of real bombs bursting in ir instead of the reassuring melody of our nation's anthem. at that dawn's early light, they into battle stations and to the sounds of the guns as they begin the y to defense of our country. welcome again me these patriots with a grateful nation's round of applause. [applause] [cheers and applause] folks, i would like to recognize a few of our honored attendees. of course, governor ige, mayors cardwell, state and city leaders, under secretary davidson, esteemed members of our diplomatic corps. chief of naval operations admiral john richardson, retired and serving general officers. fox sports executives, thanks for highlighting our veterans past and present for the second year in a row. gary sinise, garth brooks, and tricia yearwood, thanks for entertaining our troops. leaders of the national park service, thank you for what you do every day to remember these hallowed places and congratulations on your centennial year. distinguished guests and ladies and gentlemen, just -- [applause] just prior to the attack 75 years ago, on a morning n

president-elect is not concerned about, having too many billion irs aaires and multimillionaires in his administration. he chose gary cohn to be national economic director, a day after he explained his thinking like this. >> one newspaper criticized me. why can't they have people of modest means? because i want people that made a fortune, because now they are negotiating with you. okay? >> reporter: new disclosure documents reveal mr. trump spent a fortune to become president-elect trump. $66 million. a lot of dough but less than the $100 million he suggested. $12.5 million of the campaign spending went to companies mr. trump owns. he stands to make more of it back as executive producer of nbc's "celebrity apprentice," a title he will keep after being sworn in. the show is all about business as a competition. in real life, mr. trump is pledging to level the playing field so the us can compete with china. >> we negotiate our trade deal, stop product dumping and the currency manipulation which is a disaster for our country. every time we get going, china and others, they just knock the hell out of the value of the currency. it doesn't wo

fact it's a flight from paris to egypt, those two nations by themselves are on top of the target list. america's number one for jihadis but >>> the irs has to make sure you get your expenses right. who checks on them? living the high life on your dime and a tab that you will not believe. we are back in 60 expensive seconds. on electors can work both ways, including in colorado. a state that went for hillary clinton in popular vote. now the republican secretary of state is warning democratic electors they could face a perjury charge if they vote for anyone but clinton, the view being the will of the people in colorado was hillary clinton and you electors will vote accordingly. keeping to the spirit of the electors won by a candidate have to vote for that candidate. why would this be in dispute? >> well, 29 states, as everybody has been explaining, require the voters. 21 states say you don't have to, leading into that reckless or rogue elector analysis. the point is in the 29 states, neil, where you have to vote as the voters directed, it's a misdemeanor not to. already a criminal offense inch colorado, which has that law -- >> the law

abstain from a controversial vote in the united nations condemning israeli settlements in palestinian territories. that allowed the resolution to pass, drier the ire of the prime minister who is now accusing the u.s. of co-lewding with their enemies. >> the two state solution is the only way to achieve a just and lasting peace between israelis and palestinians. >>> they say they have evidence that the united states was involved in pushing back the resolution. although administration officials deny that. supporters of israel however believe the white house is now trying to downplay the significance of the vote. >> the obama administration is now acting and trying to pretend this was not going new but those in the security council seem to think it was something astonishing. >> reporter: president-elect donald trump tweeted his support for israel, writing, we cannot continue to let israel be treated can disdain and disrespect. concluding with stay strong, israel. january 20th is fast approaching. as the divide deepens between president obama and the prime minister, the israeli leader looks forward to working with the future president and republican c

postal service, the national oceanic and atmospheric administration, they've hacked the white house, the state department, the department of defense, the irs and the office of personal management. now the whole election cycle was all about hillary clinton's e-mails, wikileaks. so where was the hacking outrage before she lost? now on this show we have been warning that something needs to be done, which is why i've been saying and criticized often when saying that we need to learn from julian asage and wikileaks and actually try to fix the problem. he hacked into nasa and the department of defense before he was 16 years old. here's the truth that you've got to remember. the president doesn't care about hacking. all he cares about after eight years of doing nothing is to undermine' delegitimize donald trump's presidency. if they cared about hacking, we've known this has been going on. they don't care about hacking. this is about politics. do you agree or disagree? >> totally agree. if hillary had won the election, we would never hear anything about this again. they would move on to the cause of the moment of the day. remember when we learned

postal service, the national oceanic and atmospheric administration, they've hacked the white house, the state department, the department of defense, the irs and the office of personal management. now the whole election cycle was all about hillary clinton's e-mails, wikileaks. so where was the hacking outrage before she lost? now on this show we have been warning that something needs to be done, which is why i've been saying and criticized often when saying that we need to learn from julian asage and wikileaks and actually try to fix the problem. he hacked into nasa and the department of defense before he was 16 years old. here's the truth that you've got to remember. the president doesn't care about hacking. all he cares about after eight years of doing nothing is to undermine' delegitimize donald trump's presidency. if they cared about hacking, we've known this has been going on. they don't care about hacking. this is about politics. do you agree or disagree? >> totally agree. if hillary had won the election, we would never hear anything about this again. they would move on to the cause of the moment of the day. remember when we learned

ires they hire. >> there's cases where there's a fund-raising contract, 85 to 95% of the money goes to the professional fund-raising. >> we look at the list of most national campaigns. charities raise thousands but got little pack. two campaigns for the coven vent house raised -- cough meant house raised -- >> in 2015 the environmental defense fund raised seven campaigns, two made nothing and two lost money and the campaigns were designed to attract new supporters, not raise funds. in 201524% of charities took homeless than 20-cents on the dollar and 21% lost money. >> we think it should be it should continue mo than 35 to raise $100. >> over the last three years 80% of u.s. charities failed to keep 65% of the donations, but it's legal. state cannot regulate how much money a charity keep. >> don't give to charities you don't know, don't be pressured, don't give cash and don't give money over the phone and give to a charity you do know. >>> we've told you about several of the new laws going into effect this sunday, and one new proposal may close a loophole. that story is coming up. >> city officials in san jose are trying to figure out how to deal with the

the other part is he's going to be in charge of the irs and the other organizations that would affect those decisions on a national to read a statement from the dnc spokesperson that reads in part "trump's announcement today is a wilted figure leaf to cover up his remaining conflicts of interest and his pitiful record of charitable giving." do you think we'll still see democrats argue that there are some really sketchy details that happened with this charitable arm that is now being buried? >> no, you saw the quote there. there's a quote in the "new york times" president secretary for the ag in new york saying they can't shut this down because we have them under investigation this is much ado about nothing. what's amazing is the level of hypocrisy from the dnc. can you imagine, look at what clinton did when she was the secretary of state with her foundation. i mean, if she had been elected, would they be shutting down the clinton snoungs i don't think so. >> keep in mind, she was a politician at the time and donald trump was, this is a personal business that we're talking about here. this is apples to oranges. >>

makes this nation so vibrant as i sit here in miami with thousands of people buying books it is amazing. [laughter] >> tom in illinois make your il meant for juliet. >> thanks for taking any call ir appreciate it. once i'm sure your book ised to another fine book stores and available for purchase. i, you the best of luck with that. but my question is, to the lone wolf or the radicalized individual in their bedroom, from a security standpoint in -- your purview, what programs are available to win the hearts and minds back of these individuals from commit these crimes? because it seems leak a philosophical debate at that point. i sure appreciate your comments. and the best was lung with your book. thanks. >> thank you so much. no, this is serious business and the government has been taking it seriously from bush through obama. so i said a lot of king king thy so the program is calledden counters violent extremism pieces that the government is a part of and basically message is look the government is not going to convince a young guy who either converted or -- convincing him not but to pen game in mum communities in minimizing the extremism in their own communities and radicalizatio

ire vine. >>> stanford playing today, another shoot out. four tries. stanford goalie epstein can end it with a stop. he guesses right. stand ford has the sect sect -- second straight nationalnship. comes back from an 0-three-one 3-one start 1 start to twin all. that's what you call turning it around. >> go cardinal. >> lots more on sports. >> two people killed in an early morning accident in the south bay. the latest into the investigation of the fiery crash. i like to know what's happening as soon as it happens. who won the game, who won on the dancing show... ...i mean, if i watched that show. same with my banking. with my bank of america mobile banking app, i can see my accounts all in one place. i can easily manage them and if something doesn't look right, i'm going to know. plus, i can set up alerts to help detect unusual activity. so i feel secure. wait, he won? that's an average tango... at best. >>> a fiery crash killed two people in san jose there'll morning and shut down a major intersection. investigators are trying to piece together the moments leading up to the crash. >> first responders trifid a fiery seen -- scene at capitol express way and capitol avenue. t

ir to the president. she managed trump's campaign in the final months. a couple hours ago, shawn spicer was selected to press secretary. he's a former spokesperson for the republican national committee. >>> back here in our area, a teen is dead, another person is in custody after a shooting involving two officers in prince georges county. this afternoon we're learning new details about how all of this unfolded. derrick ward is live in capital heights. what are you hearing? >> reporter: this is still under investigation here. we're in the 4100 block of it all started when police came to the block at 8:00 this morning for a suspicious car park the right there in the space where you see the markings. now the victim, the person killed has been identified as 19-year-old terrance thomas. we have a picture of him. he doesn't live far from here, about five blocks. it was 8:00 when police came here on the report of a suspicious vehicle. when they got here, they found the car parked in this block with two people inside. the driver and another man both were asleep and as we hear what happened, when the police roused these two men from sleep, listen to what the police chief had to say

strong united nations and a warmer alliance with the soviet union all in the name of redeeming the suffering of willy and joe. his cartoons from these four months found many targets for his ireonservative pundits and politicians like this one -- this is a commentary on somebody -- bill picked out people to hate. he really hated some people and one he really hated was senator bilbo from mississippi. he was a seg regularationist. you can see the sign on the podium says senator balbo. "where's the communist that throws the egg"? and he took owes hiss ire on a media he thought was ginning up a new red scare. and here durning the man in the shotgun is labeled "house un-american activities committee" followed by a can you he's followed by -- he's followed by a coup cook klansman -- by a ku klux klan's men. and he says to a bystander, investigate them. they are my posse. finally he did a lot of anti-coup cook clan -- anti-ku klux klan. he increase the tempo on the conservative right, newspapers began dropping mauldin's cartoons. united features syndicates scolded bill that if he wanted to save his career and cans -- cartoons he would have to straighten up, clean up his act and drop

irs. from the heritage foundation, this is about one hour and 45 minutes. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [captions copyright national cable satellite corp. 2016] >> good morning everyone. welcome to the heritage foundation at the freedom center here in washington right across from the capital. all of those joining us today via c-span and streaming heritage members welcome. it is my pleasure today to introduce to you one of my great friends and maybe more importantly great friend of the american taxpayer kevin brady chairman of the ways and means committee. he was first elected to the house in 1996 two years before i got to the house so he was a senior member when i got there. he represented the people of texas eighth congressional district near houston and continues to represent them today. last june as part of speaker ryan's better way he released a blueprint of a major tax reform initiative. this proposal is a key part of the conservative agenda that's going to restore prosperity in the u

nations resolution condemning israel's building of settlments in the west bank. with the u-s opting to abstain. the resolution passed 14 to nothing. this has drawn the ire of israeli officials. accusing the u-s of abandoning the country. president-elect donald trump had inserted himself into the drama calling for the white house to use its veto power. israel's ambassador to the united nations is calling the vote "a victory for terror." investigators in northern california say they have found the rain gear they believe belongs to the suspect who set a gas station attendant on fire. killing him. a 10-thousand dollar reward is being offered leading to an arrest and conviction. and mainly dealing with snow showers and again it can wait and properly be right now with temperatures 45 degrees fairfield 45 in santa rosa 48 in the bottom of 50 degrees in richmond 51 in oakland and then much clearer now than this time yesterday san jose 10 degrees colder. and tonight notice of pictures drop of theories into yucca low '40's. the notice tomorrow low fifties for san francisco have monday said 56 in livermore and the correct next couple days the next forecast shows a

nation states from within. governance is collapsing. sectarian conflicts rage. a change in climate is increasing competition for food and water. and false prophets are peddling a vision of islam that is ir rec an sileable with tolerance and modernity and basic science. and in fact, every one of these trends is at play inside of syria today. and what complicates the challenge even more is the fact that for all of our necessary focus on fighting terrorists overseas, the most deadly attacks on the homeland over the last eight years have not been carried out by operatives with sophisticated networks or equipment, directed from abroad. they've been carried out by home-grown and largely isolated individuals who were radicalized online. these deranged killers can't inflict the sort of mass casualties that we saw on 9/11, but the pain of those who lost loved ones in boston, in san bernardino, in ft. hood and orlando, that pain continues to this day. and in some cases, it has stirred fear in our populations. and threatens to change how we think about ourselves and our lives. so while we've made it much more difficult, you have made it much more difficult to carry out an attack approaching the sc

ir opening. openin thursday december 8th but inut just about half hour we're going to be welcomed inside the new mgm national harbor.arbor get to look around, meet some oo the people there. the erin como will also be in there and tweeting out some photose want have you.e u. we'll be back on air about 10:20, 10:25 and i'll give youey my first reviews of what we sees see inside in the quick shortho deder. they're letting us tour untils u about noon today. you see there's still a lot ofa work being done here, and dhere roadways.. there's a lot of activity down here still as this $1.4 billioni resort spends 10 millions dollars for trafficfor tic infrastructure and, you know,no, helpful ways to get uh-uh in ana out. out. we spoke to aaa to get their sense from tom kill kenny of tht effort that is being made herebh to make it easy for to here ton want to come back. >> they've invest another lot of money really in the invmoney rel infrastrlyucture around this lae facility.ty for instance, they've widenedst thanece roadways, they also havt in really state of the artrt camera system so they can seeeys what's going on

irs has not responded to that report just yet. >>> well, this could be a game changer for our nation's injured heroes.trolled by your mind. >> so i'm not thinking about telling my arm to move left, right, up, down. i think go toward that object. >> the completely noninvasive high tech cap converts thoughts into action by sending brain signals to the arm. it has nearly an 80% success rate. how terrific would that be? those are your headlines. we'll keep an eye on that story for you. >>> if he can kill osama bin laden, we can stand a little chill out here. in montana, he's one of the guy that likes to hunt. >> cooking with friends, former navy s.e.a.l., rob o'neill. >> what we're going to do it today, we call it a recipe of necessity. it's whatever you have in your fridge and whatever you killed, we call it spicy creamy deer pig. we love the pig too. >> who invented it? >> my grandmother claimed it. you take the bacon, put the venison on top. >> is this yours? >> this is not mine but mine looks similar. you can use anything, deer, elk, moose. you take that little boy right there. >> cream cheese. >> a l

nationalism. adb recently trimmed the forecast for this year to 5.6% from 5.7% mainly because of india and the chaotic monetization process. beneficiary largest after india. remember now the headlines of ,iras projects it is trying to improve the air quality in the greater beijing area as well as nanjing. adb expects china to grow 6.6% and accelerated growth of 6.4% next year. in my interview with the president, i will be asking him about the challenges that developing asia faces but also the opportunity you can find in the region, and of course with rising protectionism and the anti-globalization, we will ask him about how all of this affects multilateral organizations such as adb, so a lot to look forward to. ramy: definitely looking forward to that upcoming. with the aging population and low unemployment, it can be hard for japanese companies to find workers. shinzo abe leaves the robotics industry could have the answer. let's bring in our economics reporter. tell us about this robot revolution. that japanhe idea is is simply trying to build on the success of manufacturing products. now they are trying to make more robots not only to make things but just to have people to deal with the

irs stops taking money. >> this is a function. and respond to that in greater detail. >> the secretary asked us to stop the recruitment. and it's been identified to us in the national guard and recooping from military pay as well as any voluntary repayments. and as well as any cases that we have turned over to the treasury for recruitment and that would include the category of private collection agencies. and we took action to send to the credit reporting bureaus so those cases that were identified and the national guard to us those credit ratings have been restored as if these debts never occurred. >> thank you very much. >> there's a hand full of cases only because we had trouble identifying the people involved. we had social security must bes and stuff like that that we have been trying to clean up as we went along. >> thanks for being here. of all the changes that have been suggested and some are in the legislation and that you have been working on is there an area that you have seen from guardsmen or women or others that's still an issue that you can tell me confidently that you resolved. >> i'm confident that we have the authority that we need to clean up the

ire while concentrating on preparedness. diplomacy will be your hand maybe -- your handmaiden. >> interesting. since you work for vice president cheney as his national security adviser and it seems clear that vice president pence is going to take on a lot of the load when it comes to national foreign policy, what do you think about that? how will that work itself out? >> i think there is one big difference between the relationship that president george w. bush and dick cheney is in thedy carter crowd so he can correct me if i'm wrong but -- and the relationship that president-elect trump and vice president-elect pence have and that is that vice president cheney had no higher political the relationship he therefore had with the president was i think on freighted by that. natural tension that occurs between other presidents and feist residence. vice president pence i think clearly as someone who potentially has a political politics andcted that will introduce, i think, potentially some tension. veryo think that, i have high regards for vice president elect pence. i think of all the statements threey any of them in the debates on foreign affairs, he wa

ire redeemable. >> you're a working class boot collar -- american -- ever seen my family? >> no i've seen you. stuart: i'll tell you about my family there are three races, there are five nationalitiesdemocrat calls me a racist, sexist bigot are you kidding me? >> well you're a broadcaster. but we're going to get angry? >> in fact, i think president obama has trouble with the fox news channel in general but that's yous a broadcaster not your family -- >> me as a voter an american as citizen citizen cutted by a presidential candidate and joe biden realized he's doing something whereon. >> insulted by et elitism? >> he's noted creeping elite it shall >> among democrats and the failure by hillary clinton to reach out to certain voters. stuart: but -- >> blanketing yourself now and all of a sudden you stuart varney are working class blue collar white america? stuart: that's where i come from. >> get out of town. stuart: that's where i come from. now, wait, wait -- no hold on a second. wait a second. [inaudible] >> on business channel. >> daddy warbucks this is too much. >> up in england i was a lower class kid my father never owned a car worked in a warehouse for 50 years i was always l

ir the bill that we'll vote on. vn. i'm really happy about that. abt the committee that i end up e services committee and there'sne no state that's more connecteds to the nation's military mission than virginia, and i'm one of'me two senators have a child in thn military so this is like really personal to me, too. so this is an area where, youyou know -- the good news this is pretty bipartisan.san senator mccain our committee chair he and i work he we get g along great, we disagree on soms things bust we agree on most.. so i think back to your point,, steve, which is okay eye after a an election that was, you know, that was a divided one and every presidential election means thaa afterwards we've got to comee together but this one may be may more than most i'm happy i havev to place to play in the senatehs i'm on committee like armedike d services and foreign relationsio and the aging committee we sends to be bipartisan we can promote bipartisan solutions that's whah i'm trying to do.i' >> let me ask you about thate a though. i know as far as the future plans for senator tim kaine, asa you've said that you really reay don't want to be president innt 2020 but do

ire nation ? ? black, white, red, brown, feel the vibrations ? ? come on, come on ? ? feel it, feel it ? ? feel the vibration ? ? it's such a good vibration ? ? it's such a sweet sensation ? ? it's such a good vibration ? ? it's such a sweet sensation ? ? the vibration's good like sunkist ? his ? ? marky mark, and i'm here to move you ? ? rhyme and groove you, and i'm here to prove to you ? hi, karen. hi. do you mind if i cut in? um...ye--fine, fine. just save another dance for me, all right? o.k. ? feel the vibration ? ? it's such a good vibration ? ? it's such a sweet sensation ? ? it's such a sweet sensation ? whoa! whoo! oww! whoo! yeah! all right! look at him-- just a shadow of his former self. only moments ago, he was so full of life. what a shame. i got first dibs on his waffles. it's not that easy pretending to have fun. it's exhausting. hey, you think janine noticed? probably. several people commented that your movements created a wind tunnel effect. compliments of the lady. she says to tell you it's a short stack. ho ho! very clever, janine. a little flapjack