let's ask wall street journal columnist and deputy editor dan henninger, james freeman and washingtonolumn iflt, kim straussel, kim, most presidents who take a beating in the midterm election, either sound contriteor move to the middle or both. what is the white house calculation and so directly confronting congress in so many areas? >> i think the argument here that the prtd has taken on is that he believes that they didn't lose this election because the voting public disapproved of them. they lost it because they didn't turn out the base and didn't do enough to energize their side. he's doing climate environmental issues, he's going to do immigration to talk to hispanics and rally up his base and get them on board in the path to 2016. >>> they don't think that o bam ma's popularity was at all an issue, what the president put it in the compressed conference to the two thirds of the public who didn't vote, i heard you and we're going to mobilize those for next time. they do that by saying to the republican congress, we don't care what you do, i am going to do what i want to do. >> the

and james freeman. an ad so simplistic even a caveman could see through it. well, i think it's interesting because that's one of the few places in the country where trier is spending money on the climate change message. in other places it's a loser. he doesn't talk about his real agenda there. there i guess, i don't know how accurate it is, this claim that everyone except caveman believes -- it's pretty ridiculous. but i think maybe that's one place where voters actually do want the styier agenda. >> how is it working -- that campaign working? i remember advising tom styier to spend his entire fortune. i guess he's not doing all of that. it's a shame. but he's doing a lot. >> he's getting close. we may be able to categorize this as the biggest investment in nothing ever. i mean, $75 million from him to super pacs. you have the coalition of outside environmental groups, some of the big players. the tally at this point is $85 million that they have spent on the election. yet, paul, the gallup just recently did a poll. 13 issues asked voters which ones they care

melissa: james freeman, the majority of the country is still very worried about the economy. about energy policy which would create jobs. he talked about trade issues. tax reform and obamacare. go ahead >> i think that the whole country wants to hear from the president that he is serious about economic growth and job creation. the big question will be does he now finally view this as a way to grow our economy faster? >> that is what he has always said. >> the u.s. is punishing companies for making monies overseas. it may be the beginning of a discussion. >> clearly the president will want to do something. 45% of voters voted against democrats last night. we have two pushback on this very antiquated narrative. from everything from the debt ceiling to continuing resolutions to sequestration. what we have now, though, is a legitimate process in which article one of the constitution may actually work. it makes the president responsible to work with congress. melissa: what do you think the tone will be like? >> i think that the president cannot deny that last night was a tough nig

space to begin their first for ray into business and one of our great success stories is taking james freeman from blue bottle coffee from a coffee cart out in the ferry plaza and providing him one of his first shops in his growing business, but those are great stories to tell and we know we have more to tell which is why we're looking for more spaces to develop in the ferry building. we have a long list of local businesses that are interested in getting a foot in the building and since the local story came out about this hearing and our presentation today i want you to know we have 25 local businesses that have sent inquiries to wanting to be a part of these shops. so i am going to hand this over to our team at tef, they have done an exquisite job considering all the historic, you know, guidelines within the area that we're looking to develop and bringing in, i think, some of the most, you know, exquisite potentials in which for these retail businesses to operate. so thank you. >> miss messino, you have 8 minutes left. >> i am joanna low from key note design. we feel that with the developmen

we're back with dan henninger, mary kissel and james freeman.nator warren says it's deeply personal. >> senator warren is moving to the left of everyone else in the democratic party including president obama. she fancies herself a populist and wants to connect with the average person. to do that she uses her own history and she had a hard time coming up through the ranks of the academic ee let until she landed at harvard and became a millionaire -- >> that's mythology? >> yes, she didn't grow up dirt poor. she had a very good career. she worked hard but to say elizabeth warren was o pressed by the system is a fiction. >> james, she's jumped on the anti-walmart bandwagon. >> first they pick mcdonald's to blame for all of the problems in the obama economy. i don't know where anyone got the idea that a fast food joint is responsible forgiving everyone in the country a high paying job. now they've moved on to walmart and this is again a union effort to organize walmart, to pressure nem and force higher wages, a lot of regulatory costs coming here. i

we're back with dan henninga, a wall street editorial member, dan kissler and james freeman joining the panel. senator warren said this is deeply special, what does she mean by that? >> senator warren is moving to the left with everyone in the party. she wants to connect with the average person. and to do that, she uses her own history, the methology she had a hard time coming up through the ranks of the academic elite until she landed at harvard and became a millionaire, but set that aside. >> is that mythology? >> yes, she didn't grow up dirt poor. she had a very good career. yes, she worked hard, but to say that elizabeth warren was to pressed by the system is a fiction, stewart. >> james, she jumped on the anti-walmart bandwagon where the left traditionally goes to bat. >> first they picked mcdonald's to blame for all the problems in the obama economy. i don't know where anyone got the idea that a fast food joint is responsible for giving everyone in the country a high-paying job. but now they have moved on to walmart and this is, again, a union effort to organize walmart, to pressu

let's go to jason riley, assistant editorial page editor james freeman and washington columnist kim strassele. dan, big republican sweep obviously, what's the meaning of this election? broad brush. this is more a repud yags of president obama but potential republican governance. >> i don't -- the republican have been given a big opportunity here but i think on the other side, it's important to make an important distinction. we should not however much of a presence barack obama has had in the life of the country the last six years, this is not simply a repud yags of barack obama. this is repud yags of the modern democratic party and democratic idea of governance. which is indeed large government and spending, not only in washington but the state races were so important. states like wisconsin, michigan, maryland, these are democratic states and those voters there repudiated the idea that spending public programs would make their life better. it has failed and it has been kind of a test case over the last five years. now the -- i think that's really important. now the republicans have their own

so how should the gop respond in let's ask wall street jushl columnist and deputy editor, james freeman and washington columnist, kim strassel. kim, most president who is take a beating in the midterm election, do they either sound contrite or they move to the middle or both? this president doesn't seem to be doing that. what is the white house calculation and so directly confronting congress in so many areas? >> i think the argument here is that the president has taken on is that he believes that they didn't lose this election because the voting public disapproved of them. they lost it because they didn't turn out their base. they didn't do enough to energize their side. and so he's going to run out and he's doing climate environmental issues, he's going to do immigration to talk to hispanics and the idea is to rally up his base and get them on board on the path to 2016. >> so they don't think that obama's popularity was at all an issue here in they think it is basically what the president put in the conference to the two-thirds of the public who didn't vote. i heard you and we'll mobi

we will ask "wall street journal" deputy and writer jason rilely and james freeman and washington columnist kim straussman, and start with, you dan, a big republican sweep, obviously, but what is the meaning of this election, the broad brush? more of a repudiation of president obama or maybe an endorsement of the potential republican governors? >> well, it is the republicans who have been given a big opportunity here, but on the other side, paul, it is important to make a important distinction. we should not however much of a presence barack obama has had in the life of the country in the last six years, this is not a repudiation of barack obama. this is a are repudiation of the modern democratic party and the democratic idea of governance which is indeed large government and spending and not only in washington, but the state races were so important. states like wisconsin, michigan, maryland, and these are democratic states, and those voters there repudiateded the idea that spending public programs would make their lives better. it has failed. it is kind of a test case over the last five ye

here to discuss it all james freeman of the wall street journal. james forbes of forbes media. charlie gasparino is sprinting to join us, but has not joined us yet. kind of always the case. >> he'll show up? melissa: steve, what do you think about this one? people make fun of us for talking about weather, but more than 400 flights on the busiest day of the year or one of the them. >> it's a big deal. there are things we can't control especially government. melissa: why is this the government's fault. i love where you're going. i would love to blame the government, but i'm not making the connection to that. >> just that thankfully in something like this, you don't have a legislator saying i'll do this and that. melissa: you've tempted them. >> new york city counsel, yes. one will pass something. >> here in the northeast, sure, we get to enjoy high taxes and oppressive government, but we do have to remember -- this is one cost of living in the northeast. new york airports especially get very hardheaded and tend to close down and get delays even when a moderate snow falls. melissa

we also have "barron's" jack hough and james freeman of "the wall street journal" i think we can all imagine what he said. that is not a big deal. >> i watched what he said. melissa: wait. let's play it. no, we don't have it now? okay. >> part i heard, which i thought was absolutely astounding was when he dismissed the issue by saying, it is canadian oil. melissa: right. >> then he basically suggested that, only canada benefits from a huge pipeline running through the united states that takes oil not just from canada but also from the bakken shale in the u.s. down to refineries on the gulf coast. thousands of jobs along the way, building this thing. melissa: what is amazing, it is another obama lie. much like we're going to get to a little later in the show. oil is fungible. anywhere it is sold lowers price all around the world. >> right. another economic stupid statement that he is has made. media lets him get away with it. simple supply and demand. increase supply. demand stays stable, all things being equal the price should go down and that is what is scary about put obama. i does

james freeman, "wall street journal." i love that, taking a considerable time trying to decide if they were going to use considerable time in their language. feels like they are slow at everything. steve? >> almost like we're all monitorrists now. everybody on wall street, all your buddies, charlie, think the way to pump up the stock market think, that money is everything. >> i would say not everybody on wall street. >> some do. >> i would say this there is interesting sort of email going on around streets sent out by liberals on wall street show gdp in 2009 and gdp today. three or four economic indicators and 2009, today. it is all positive. the last one is the stock market. i will tell you this. this is what i think is going on here. no way janet yellen will speed up raising interest rates or do anything to stop this -- >> what about gdp? >> you want to talk about considerable time? next month makes six years of near zero interest rates by the federal research. if you're looking at stats, what people should pay attentio

james freeman is here from the "wall street journal." "forbes" contributor rick unger is with us as well. wow, the fdny just tweeting out this picture. we're going to show it to you, a look from the inside. there. at the scaffolding hanging. can you imagine two people are stranded on this. >> my dad was a construction worker. worked on the original trade center. went up on scaffolds, maybe not that high, but fairly high. i will say this, when we sit around on this network and talk about unions, denigrate all unions, there is a reason why there are unions for jobs like this. these are very, very, labor intensive scary jobs. you need some sort of a way to make sure your workers are not taken advantage. i'm not saying these guys were. that's why there are coal miners worker unions. my dad was iron worker union is you get a union lesson out of this. >> this is why, because that is the work they do, that the private sector unions are starting to get so angry with the public unions. >> you're right about that. >> who don't -- get more benefits

. >> blue bottle ceo james freeman is not just serious about iced coffee, he's serious about all coffeesan francisco bay area more than a decade ago. >> i was tired of not finding the coffee i wanted to drink basically. >> how did you discover coffee. >> my parented drank mjb coffee in a green can. it smelled great but tasted horrible. so that tension between how it smelled and how it tasted lodged very deeply. >> reporter: dpe decades freeman believes america was the land of mediocre coffee and then in the 1980s starbucks came along, raising the bar, introducing americans to terms like espresso and latte. if starbucks started the second wavgs freeman and blue bottle are part of the third wave. small roasters promoting an even deer appreciation of coffee, where it's from, how the beans are roasted, how it's brewed, and when it's served. >> to grind something freshly, put it in the cone. get it at the right kettle and pour it in the right way. it's a skill, a skraft. you can get a tiny bit better at it each time you do it. >> much more attention to the details. >> yes. >> more and more p

. >> reporter: the ceo james freeman is not just serious about iced coffee, he's serious about all coffeea more than a decade ago. >> i was tired of not finding the coffee that i wanted to drink, basically. >> how did you discover coffee? >> my parents drank mjb coffee in this green can. it smelled so good when they opened the car and it was just horrible, just horrible. that tension between how the coffee smelt and how it taste, that lodged fairly deeply. >> reporter: for decades freeman believes america was the land of mediocre coffee and in the 1980s starbucks came along, raising the bar, introducing americans to terms like espresso and latte. if starbucks started the second wave of coffee in america, freeman and blue bottle are part of the third wave. small roasters pro meeting an even deeper appreciation for coffee, where it's from, how the beans are roasted, how it's brewed, and when it's served. >> to grind something freshly ground, put it in a cone, get the right kettle, the right water, the right temperature, pour it in the right way, it's a skill, it's a craft. it becomes someth