jared is healthy.e was a little nervous going out there. >> yes. >> how did jared end up wrestling to begin with? >> he asked one day could he get on the mat and they look at me and i'm like let him out there. >> did you get to talk to justin the other wrestler? >> i went over to meet the kid and tell him thank you. the first time they met is when they shook hands on the mat. coach asked to see the player with the biggest heart. the kid did a phenomenal job. all of the people had to give something to make a minute possible. >> i think lots of people are moved by the story. your energy is infectious. you are awesome. >>> i have two videos for you die guys. here is a guy, a test rider for a motorcycle testing magazine. he is testing a 2013 sjr 1,300. a very fast, expensive motorcycle. it is about $15,000. here is what happened. [ laughter ] >> he is a pro test rider. and he seemingly just slightly misjudged the clearance of the rear. he goes right into the bay. he traded in the motorcycle for a boat. >>

he went to jared. the ballet slippers? i used to dance. hearts?ove bead... ♪ ...i've said too much. [ female announcer ] celebrate life's unforgettable moments with a fabulous selection of pandora charms and bracelets at jared the galleria of jewelry. this friday through sunday receive this pandora bracelet free with any pandora purchase of $125 or more. soccer ball? soccer mom. [ female announcer ] that's why he went to jared. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >> erin: we welcome you back to the at&t pac-12 championship postgame show. you saw throughout the game there david shaw said keep pounding, keep

how many mortgage securities do you have, jared?ies do you have -- >> i don't even have a mortgage, rick? i'm a renter. >> see, well that's the point. >> i subsidize mortgage holders. >> disguised as middle-class benefits really are benefits to the players that are the toe keepers for certain markets. but in the end, you know, even what the federal reserve has done to housing, it gets boggled up a bit. i think looking at these guys is important. this is what we do for a living. people watching want to know what the movement is, minute to minute, hour to hour, day to day. but this is not, will not, and hasn't been for a long time, a barometer about real economic health. >> so, rick, a deal, you know, there seems to be a little bit of optimism about maybe a deal, and by the way -- >> maybe there's optimism over there. why are you optimistic? are we going to walk away -- jared -- >> i'm kind of with you in terms of the small bore issue. are you suggesting that if a deal -- i'm just trying to be concrete here. if a deal is not made, if

thank you, jared. we appreciate your time. >> the nra speaks one week after the connecticut school massacre. that's ahead. this is "hardball," the place for politics. >>> well, to the victor go the spoils. gallup's three-day tracking poll give the president a 56% approval rating. gallup's polling mirrors other recent polls all showing president obama ticking up. we'll be right back. >>> it's been a week since the massacre in newtown. today the national rifle association waded into the debate over gun control with a strange press conference. the group's ceo wayne lapierre blames laws banning guns at school for the violence. his position, nor guns. the nra called for putting an armed guard at every school in the country. >> the only way to stop a monster from killing our kids is to be personally involved and invested in a plan of absolute protection. the only thing that stops a bad guy with a gun is a good guy with a gun. i call on congress today to act immediately to appropriate whatever is necessary to

and jared bernstein is also an msnbc contributor. and former chief e cconomist fo vice president joe biden. >> e.j., we just heard from the president. what's your take? >> well, my take is that the republican party in the house in particular does not seem to be interested in governing or at least about 30-60 members of that caucus aren't. whoen you look at what happened here, president obama moved very far toward the republicans in his proposal. there's a lot of stuff in that proposal that his own supporters don't like very much. there was very little distance, really, between the president's proposal and where boehner said he was. but the republicans just are not interested in compromising. and i think the only way out of this is going to be a deal if boehner would allow it, where you're going to need a lot of democratic votes united to those republicans who know we've got to solve this problem. i think it's a real crisis in the government if we keep going like this. >> now, when you look at this, jared, the president said something

according to the legislation they would, jared. >> they would not. >> jared, you have to -- >> let me make a point. the treasury secretary can decide if he or she believes a deal sl imminent not to adjust withholding tables. very important. >> i'm talking about no deal and we go off the cliff. >> we go off and stay off. >> it's $400 billion. we have a lot of things to do with regard to our debt ceiling, and my feeling is no one really believes the united states of america is going to default on its debt even if it lapses. we're dealing with different things. one is real and substantive and the other is psychological. >> i really disagree. >> i know you do. >> we could have a good discussion about this if we had more time. the idea that if the debt ceiling lapses, peter, that means that we can no longer borrow from credit markets and can't finance our debt. >> we're doing most of our borrowing right now from the federal reserve. it's printing money and buying the debt. let's be honest about what's going on. >> we could not do that -- sorry. >> peter, you are outnumbered because this ma

to, i expect democrats and republicans to get back to washington and have it pass both chambers. >> jared bernstein, is this actually a setback for the president insofar as the embarrassed speaker was someone at least with whom he was dealing and now the president really doesn't have a negotiation partner? >> i don't think so. i do think in a way it's a setback for the nation because the president and speaker boehner were actually moving to a credible, plausible compromise at the very beginning of the week. and, of course, that's horribly off track now when john boehner decided to go to plan b. i think the leverage if anything is enhanced by this. the problem is i don't know why republicans would nibble at this idea of essentially passing the senate bill. that's what he was describing today sometime before the end of the year when they can wait a few days, go over the cliff and tax rates automatically reach reset higher -- i know this is silly, but then they can have a massive tax cut for the broad middle class and have. call it a day. >> is the prospect of a grand bargain gone? >> the pr

and then, he let jared win the match with a pin. >> jared's father says he likes being involved in thingswith other folks. as for justin, way to go, son. way to go. nice to see that. >>> and cue the music. may the force be with a tennessee man who has very big dreams. chris lee plans on building a life-sized version of the millennium falcon, the fastest hunk of junk in the galaxy from the "star wars" franchise. >> he's already bought an 88-acre plot of land where the ship will sit. he's counting on fans to help him finish the project, based on a 3d model built by a college student. he claims it will be fully realistic, except of course, without the engine. >> may be force be with him and his journey. >> good luck resuming your dating life. >>> for some of you, your local news is next. >> for everyone else, we'll be right back. stay with us. we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or

this would be spread out over a year, as jared said.'s predictions after recession and higher unemployment would be if nothing's done for many months, almost to the end of 2013. if congress waits a little while, cooler heads prevail, we stop panicking and they have come to a deal in january, the typical american family won't really feel it and even if it went into maybe february, congress could put that money back. they could retroactively say we want to preserve the middle class tax cuts. calling it a cliff is just causing a lot of panic. >> i guess what i'm trying to get at, jared -- again, not arguing for it. nobody wants to pay higher taxes. but here's the thing. in the last ten years incomes haven't gone up, a a point you've noted very elegantly. but at the same time homes have gotten bigger, cars have gotten more expensive, smartphones were created, everybody's got high-speed internet at home, spending thousands of dollars a month on stuff they never even had ten years ago. suddenly a couple hundred bucks is going to doom us, it i

he went to jared. [ female announcer ] create your own one-of-a-kind ring at jared this friday throughiamonds rewards up to $1,000 toward a beautiful diamond setting when you buy your diamond at jared. choose from thousands of diamonds and hundreds of settings. oh! please return your fiancée to her original upright position. [ female announcer ] get up to a $1,000 reward at jared, the galleria of jewelry. >>> good morning i'm eric thomas. the 49ers' new stadium reaches major milestone in construction today. the stadium remains on schedule to open for the 2014 season. another team in the area they are playing tonight. >>> going to be nice, partly cloudy 56 by noon, 3:00 partly cloudy and 58. the game 5:20 to 9, mid to low 50s. partly cloudy this afternoon, low 60s. >>> recommend bart for the game, westbound richmond san rafael bridge a piece of rebar sticking off the deck in the left lane north 280 past 90 to overturned truck on shoulder debris in lanes -- westbound 80 [ cheers and applause ] >>> everybody, all bundled up out there this morning. a little cold out there in times square.

thank you, jared. we appreciate your time. >> the nra speaks one week after the connecticut school massacre. that's ahead. this is "hardball," the place for politics. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. >>> well, to the victor go the spoils. gallup's three-day tracking poll give the president a 56% approval rating. gallup's polling mirrors other recent polls all showing president obama ticking up. we'll be right back. we're all having such a great year in the gulf, we've decided to put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn

and msnbc contributor jared bernstein a former economist for vice president joe biden.nd with us from washington is democratic strategist julian epstein. richard, i have to start with you. did the president run on raising taxes or did he not? >> he did. >> duss all the public polling show a majority support this strategy? >> people support raising taxes on the super wealthy. >> does speaker boehner need hearing aids for christmas? >> and possibly a dictionary or thesaur thesaurus. everybody knows how it's going to play out. it's just when. at some point the politics is inexrabble here. when it comes to this piece of it. if they really want to get what they want which is cutting what they call entitlements, what other call safety nets -- >> what others call earned benefits. >> then they should go to that which is what they count as the most important things. get it over and done with. they know they're going to cave on taxing for the wealthy. get to what they really want. and make the president pay for what he wants. >> jared, isn't the problem here that republicans keep

he went to jared. [ female announcer ] create your own one-of-a-kind ring at jared this friday throughnds rewards up to $1,000 toward a beautiful diamond setting when you buy your diamond at jared. choose from thousands of diamonds and hundreds of settings. oh! please return your fiancée to her original upright position. [ female announcer ] get up to a $1,000 reward at jared, the galleria of jewelry. your season is here. let's just call it the baking time of year. you need special ingredients. you need the staples. that's a given. you need safeway sugar for just $1.97. and that magic thing that makes everyone want another -- only $2.99 for land o'lakes butter. and when hands get messy, quite surely they'll say, "yum! wow! yay! what a sweeter holiday." safeway. ingredients for life. >> live, and in hd, this is an abc 7 news update. atgood morning once again on this thursday morning, december 6. to who triedoking to blow up an atm in fredericksburg, virginia. the atm had some damage and had message on the screen but is still in tact. e was a suspect spotted by a witness. police are look

look at jared bernstein put together today. you know they just revised the number for economic growth for the country for the last quarter. they just revised it today. and it was a good revision. it was a revision upwards. so the third quarter, this last quarter this year we were growing at a rate of 3.1%. it's up almost two points from the quarter before. if they don't get their act together, this is what the congressional budget office says is going to happen to the economic growth rate this quarter. 2%. and look what happens next quarter, the first three months of next year. that's bad. maybe as hourtd dean was saying with ed tonight, maybe we can endure that and we'll come back stronger than ever. but that's bad. that is an economic catastrophe that will hurt a lot of americans for a long time. and maybe you want to bear that brunt. but maybe that happening accidentally because of so much chaos on one side that they can't tell which way's up, which way's down and who's on their own side is not the way to get that. this is l

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he went to jared. [ female announcer ] create your own one-of-a-kind ring at jared this friday throughiamonds rewards up to $1,000 toward a beautiful diamond setting when you buy your diamond at jared. choose from thousands of diamonds and hundreds of settings. oh! please return your fiancée to her original upright position. [ female announcer ] get up to a $1,000 reward at jared, the galleria of jewelry. >>> and good thursday morning, i'm charlie crowson. >> and i'm megan pringle. here are some of the stop tours this morning. -- top stories this morning. police say an officer's weapon was discharged during a struggle at st. joseph's medical center. hospital staff found a needle hidden in that prisoner's clothes and that's when the officer stepped in to help. police still trying to figure out exactly how the service weapon was fired. >>> the baltimore city police department made its 1,000th gun related arrest. the announcement was made last night. officers responding to a home invasion on the 3700 block of manchester avenue in northwest baltimore. police say they found a semiautomatic

thank you, jared. >>> my next guess issued the following warning.e're about to see tea party 2.0, when boehner sells us out. the question is when, not if, the ahead party will be back. the found judson phillips was talking about john boehner making a deal. judson phillips joins me. good to have you here, your first reaction to what i've seen taking place. how can you be so critical of the speaker when he has bakley dug in and nothing is getting done? >> well, it's -- first of all good morning, thomas. it's easy to be critical, because he hasn't done anything he entire two years he's been speaker other than haul up his white flag of surrender and roll over every time barack obama wants something. we have a huge problem. it's not our taxes. we're spending way too much money. as your previous guest was just talking about, we're hitting the debt ceiling, 16 trillion, they want to increase it to 18 trillion. by 2022, it will be 25 trillion the at some point this all comes crashing down. >> we already had the debt ceiling issue during the summer of 2011 b

that's jared levy of zacks.com. thanks jared. > > thanks angie. when teachers in california peeked into their pensions and found investment in a gun maker linked to the connecticut shootings, they reacted. and so did the private equity firm that made the investment. and it underscores just how easy it is to assume someone else has vetted investments made on behalf of employee groups. maggie ellis, a california teacher, active in state and local teacher organizations, had no idea her pension funds were going to freedom group-- gun makers, including one that made the assault rifle used to kill 20-children and six adults in connecticut, last friday. assault weapons are outlawed in california. ellis is not alone. a lot of people didn't know. it's led california's treasurer bill lockyer to criticize the investment saying teacher retirements "should not be invested in guns illegal in california. these weapons have no place in our communities. our families and children are safer without them." "is it possible to vette everyone? no. but you should be able

he pulled jared on his back. he let him score. and allowed jared to pin him for the win.ot everything. well done to both of them. well done to the parents of both of them. >> wow. >> it is hard to fight through that one. but, boy. [ applause ] >> that's so great. >> jared, you are a great, great, young man. >> great kid. love seeing that smile. >> and you know what? you're right. hats off to both sets of parents. that's really great. thank you, josh. >> great story. >>> let's go to lara in london. >> top that, lara. >> not going to be easy. but i'll try. good morning to you all from london. and in "pop news" today, we begin with "les mis" star, anne hathaway. she's already getting oscar buzz in a big way for the role that she says was near and dear to her heart, when she saw her mom playing the same role of fantine in the victor hugo classic. she opens up about the inevitable insecurities that go along with fame. she often puts on something boring when she goes out to try to disappear. guess what, anne? we're looking at the new issue of "glamour" magazine, impossible. you

he went to jared. [ female announcer ] jared the galleria of jewelry has thousands of loose diamondsettings to create your own, one-of-a-kind ring. oh. please return your fiancée to her original upright position. [ female announcer ] that's why he went to jared. pretty sweet, huh? cute. but don't you have any apps on your phone that can make your life easier? who do you think i am, quicken loans? at quicken loans, we'll provide you with myql mobile. this amazingly useful app allows you to take pictures of your mortgage documents using an iphone or android smart phone... so you can easily send them to us. one more way quicken loans is engineered to amaze. ooh, la-la! >>> the latest wave of drenching rain hit northern california. it is tossing dozens of trees as the ground became more saturated, many of those trees came crashing down on power lines, knocking out electricity to thousands of residents in oakland, as well as other cities. >>> and expect some residual street flooding from that latest western storm. rain and mountain snow makings for a slick commute. and northern rockies. w

joining me by the phone, joining me via phone from boulder, colorado, congressman jared polis. good sunday afternoon. >> tax rates and where they stand are at the center of this debate. that continues to be the discussion. i want to throw up something from "the new york times" here. this is, this is, this is is a headline from "the new york times." even if republicans were to agree to mr. obama's core demand that the top marginal income rates return to the clinton-era levels of 36%, 39.6% after december 21st, the article goes on to say, the additional revenue would be only about a quarter of the $1.6 trillion that mr. obama wants to collect over ten years. why should republicans agree do that. if it's not going to generate enough revenue, congressman? >> well, it's a down payment on the deal. we want to make sure that middle class taxes don't go up by $2,000 january 1st. that's something that i feel the president feels, republicans and

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>> well, i agree with jared except for on one point.licans just proposed pelosi's plan for a few months ago. the president isn't reasonable. he doesn't want to compromise. he's not about compromise. he's about getting exactly what he wants, being arrogant because he just won the election. but beyond that -- >> hang on a second, ron. ron, ron, ron, you have to be careful because i understand your excitement at the idea of opposing president, but $1.2 trillion and $800 billion suggests a balanced approach. can you tell me how speaker boehner's approach, which would raise taxes on 0.19% of the population, is that balanced? >> i think both plans are a joke because they don't address the real problem, and that's the national debt. cutting a trillion dollars in the next ten years does nothing and leaves the whole bill on the next generation on younger people, on my generation, to pick up the tab for obama's spending and bush's spending by the way and that's not right. and that's not serious. >> ron, i'm going to come back to you in a moment a

jared, let's start with you. you have worked with vice president biden. as you know, he's been called on by mitch mcconnell to help with these last-minute talks. what do you think his role is now with so little time left? >> well, the vice president goes way back with senator mcconnell, and i've been in the room when they have talked, and it doesn't sound like two partisans separated by deep ideology. it sounds like guys who know how to bang out a deal. that said, if that were up to them perhaps they could get somewhere, but there are so many other forces swirling around this right now. i'm kind of in the same camp as kristen and the other political analysts we just heard from. if we are starting to hear things getting further apart rather than closer apart at this late date, i don't know that a decades old friendship between a couple of senators -- former senator and current one are going to make that much difference at this point. >> paul, let me play for you what senator lindsey graham said this morning on "fox news sunday" about the chances of a small

what have you got up your sleeve, jared? i sense many more taxes are coming. >> i can tell you about the deal that i understand representative boehner brought to us. according to his score, $460 billion over ten years. you don't get that on the rates alone. we have to be talking about other taxes, things on unearned income, on capital gains, on dividends on estate -- >> more anti-growth. but even that is well below the president's measure. >> so is the deduction still in there? is capping the deduction still in there? that's the only way you get to the numbers. >> as usual, john boehner's been vague about this stuff. but it has to be because the rates don't get you near to the $460 billion that he said you'd get. >> if i make a million bucks a year, i'm screwed with my capped deductions and my marginal tax rate is going up from 35% to 40% and that's on the way to obama's 3.8% additional tax -- >> you have to remember -- >> i'm either a small business or a successful individual like jimmy pethokoukis. you're going to be so da

he went to jared. [ female announcer ] jared the galleria of jewelry has thousands of loose diamondsof settings to create your own, one-of-a-kind ring. oh. please return your fiancée to her original upright position. [ female announcer ] that's why he went to jared. for their annual football trip. that's double miles you can actually use. tragically, their buddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. >>> coming up on 7:40 now. the massacre of so many at sandy hook elementary has sparked a new discussion about gun violence in america, even among people who have previously not supported any gun control regulation. nbc's tom costello is in washington with that part of the story. good morning, tom. >> hi, david. picking up on the discussion from "meet the press" over the weekend, we're talking about the assault weapons ban that congress allowed to

do you practice in front of a mirror, jared?e you guys. >> it's totally natural the way it happened. >> this is what i like to do at 7:00 a.m. in the morning. it's 8:00 now. this is what i like to do at 8:00 a.m. in the morning. >> we're glad to have you. >> especially with mark "hurricane" zandi. >> i know. he's a boxer. the hurricane. >> the hurricane zandi. >> i got to work on my smile. i have no hair. i better get the smile right. >> you just mentioned jeffries moving up its dividends. d.r. horton is the latest. it's now saying its dividends for all of 2013 will be accelerated and paying 15 cents a share paying at the end of this year. >> the corporate scum that keeps declaring the dividends. i see you shaking your head. you're nauseous. you're sickened. >> i'm glad to hear the top 0.1 percent continue to do great while the middle-class continues to struggle. >> i knew you'd like that. what does corporate america have to do with the middle-class? nothing. anyway, mark, what are your forecasts for jobs today? >> i'm looking f

that's why he went to jared... the galleria of jewelry. that's why he went to jared...smiles make more smiles. when the chocolate is hershey's. life is delicious. >>> still to come on "today," she knew the answer but when she solved the puzzle, this "wheel of fortune" player didn't get the one win. what happened? we're going to speak with her coming up >>> the holidays can make some holiday situations. advice to how to avoid the worst of them. first, these messages. we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per phone. would we get the same coverage? same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlimited data for just $45 a month -- from america's gift headquarters. walmart. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choo

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jared, speaking of the details themselves, speaker boehner is saying that his is a serious offer thatroduces sufficient revenue and savings for the next decade. you're an economist, does it? do his numbers really add up? >> well, no, they don't add up because they lack any level of specificity that you would need to even write them down and put a plus sign next to them so see if they'd add up. he did the same -- >> hang on a second though. he said he stuck $800 billion in revenues on the table. >> so he did the same maneuver that mitt romney did, and as i have said, that's the kind of thing you might want to do in a presidential campaign. though interestingly, it didn't work for mitt romney. he said i can raise "x" billion, he said $800 billion, by closing undisclosed loopholes and tax expenditures, but once you get down to the level of specifics and you say, i want to close the charitable deduction, i want to close the mortgage interest deduction, i want to close the state and local deduction, then you awake a lot of o opponents for whom your loophole is their treasured program. that

quit messing around with the economy. >> jared, what do you think? >> listen, if john is correct that the economy is even doing a little better than we think, all the more reason -- it kind of underscores my basic point, which is all the more reason not to be throwing these self-inflicted wounds into the mix. now we're talking about a debt ceiling hostage situation. you know, with policy makers like this, who needs enemies? their job should be to take what momentum is there and give it a boost. listen, on the labor force participation rate, i'm sure that retiring baby boomers are part of it but i would argue that more than half of them sl cyclical, meaning that it comes from a weak job market. >> okay, jared bernstein and ron insana, thank you. >>> governor rick scott could make the history books if he is appointed to jim demint's senate seat. melissa perry sounds off. and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your

it is about doing the right thing. >> have you talked to jared? >> no i really only saw him once and that was it. i got to meet his father and he was really nice and he showed me the video he took and he was so pleased with what i did and that made me feel good. >> he called saying how much he appreciated it and he talked about doing a picture with the two of them with the date of the match on it. >>> the only thing keeping that car in the air is a couple of phone books. >> no way. no way. >> way. >> see they way they do it next. >>> and putting the dog in the driver's seat and handing over the keys. >> the keys? >> yes. to the car. >> see why thes i know. i know i need to quit this. - well, how about... - that smokers' helpline? yeah, they can give me a plan. - help me through the rough spots. - so you're ready to... quit? everyone wants me to quit-- my doctor, my wife, the dog. - not good for the dog. - anyone else? hmm? what? anyone else want you to quit? me! i want me to quit. d# 800-933-4833 - ( rings ) - woman: smokers' helpline. oh, hi, it'

for more on this, joining us now from washington, we have contributor jared bernstein.o a senior fellow on budget and policy priorities. and a former economist for vice president joe biden. and of course nbc's luke russert. luke, i'm starting with you. we just got a statement from speaker boehner and the house leaders. and shock. they are putting it back on the senate. tell us about the statement and where it's going from here. >> it's a fascinating ping-pong match right now. but really with the senate, john boehner, eric cantor with mccarthy and morris are saying is there are two bills the house passed to deal with the fiscal cliff that are now over the united states senate. if the senate wants to do anything with them, amend them and send them back to the house and perhaps the house will act on it. essentially what boehner is saying is we're not making any moves until the senate amends the two bills we passed over or sends a new one. what are in those bills? well, they essentially extend the bush tax cuts permanently for all earners. and then to avert the sequester an

it is about doing the right thing. >> have you talked to jared? >> no i really only saw him once and that was it. i got to meet his father and he was really nice and he showed me the video he took and he was so pleased with what i did and that made me feel good. >> he called saying how much he appreciated it and he talked about doing a picture with the two of them with the date of the match on it. >>> the only thing keeping that car in the air is a couple of phone books. >> no way. no way. >> way. >> see they way they do it next. >>> and putting the dog in the driver's seat and handing over the keys. >> the keys? >> yes. to the car. >> see why thes [ male announcer ] are you ready for tomorrow's technology today? then switch to at&t u-verse tv. add the wireless receiver exclusively from at&t, and you're no longer tied to the tv outlet. move your tv wherever you want in your home...even outside. [ megan ] call now and switch to u-verse for just $29 a month for six months, with a total home dvr included, free for life. add hbo and cinemax and get th

outside of that everything is just noise. >> jared, you know washington very, very well. we've been trying to read the tea leaves today. harry reid was out with a twitter -- a tweet early on, and then they were scheduling a news conference that. got cancelled. it got moved. now suddenly we're hearing that the house is he convening. what do you make of all the tea leaves we're reading right now? >> it's extremely chaotic and reminds me of the arguments between my two young daughters as to who is going to empty the dishwasher, except there's 500 billion in negative fiscal impulse in play here. i thought lee put it very well. the issue at this point, seems to me, i mean, it ain't over till we're over, but it seems to me is this going to be a chaotic cliff dive or more of a bungee jump wherein there does seem to be the makings of a deal. as i've described on our show before, there are technical matters that actually make it easier for republicans to support a compromise deal like the president's last offer after we go over. >> wait a minute. you don't necessarily see any of t

professor james peterson and jared bernstein, thank you so much. >>> next the gop civil war., this tilt is a little more lively than the war on christmas. stay with us. >> time for the your business entrepreneur of the week. lauren wanted to introduce the corrine dish kimchi to mainstream america. she created mother-in-law's kimchi. she's using nonethnic packaging to appeal to a mass market and it's carried in whole foods and freshg markets. watch "your business" this sunday morning at 7:30 on msnbc. , or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. [ male announcer ] taste it and describe the indescribable. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's h

the senate hasn't passed a budget in years, jared.l me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show, correct me, this is not a budget. this is a last-minute deal that's going to have a few components and i will count them on one hand that will have a tax threshold. 250. i wouldn't be surprised if they went to him with a higher number. u.n. extension, doc fix and the umt with the sequester and that would be it. >> jimmy p., what do you think? will we have a deal on monday and is it going to be enough? >> i think we will have a deal. one big difference now than maybe a couple of weeks, three weeks ago is a lot of republicans believe that eventually they really believe that the president would cave and they would cave again just like they did in 2010 that if he's so worried about a second recession would just smear his second term and he would cave. if you saw the president today in the news conference, he did not look like a guy about to cave to me. he's not going c

but if you think like a jared loughner where you are living in a world of numerology. he was talking about the influence of grammar that the government was using over him. you are talking about people living in a different world and they are not responsible. i believe in the s&p defense and on the grounds of acquittal by and sanity. daniel patrick moynihan, great american center and public servant had a simple suggestion. tax the magazines, tax the bullets, attacks the ammunitions. i do not care how many guns they have. if they cannot fire them, they will not kill people. >> state department takes a big hit on benghazi. >> the state department had not given benghazi the security, both physical and personal resources it needed. >> former ambassador thomas pickering, the chairman of the accountability review board that investigated the attack, the board report has resulted in three resignations so far, but i guarantee that is not the end of this debate. >> it is not, but i feel like -- when somebody is going down the street and they cut someone off. the other guy is furi

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jared bernstein, storm former economic adviser.don't know what the risks are of what might happen january 1st. there's a risk it could be horrible. that's all i'm saying. tell me what you saw in athens n greece when you were just there. >> i've traveled to greece quite a bit over the last few years for political work i've done there in the past. i don't know how to express it any more clearly than it was unbelievably sad and depressing. i mean, the country is in a great depression. unemployment is about 25%. unemployment among youths is about 55%. the economy contracted by 7.2% in the last quarter. those are numbers. i'll tell what you i saw which i think is more powerful. you go through different parts of greece, the greek stores closed everywhere. you go down near the acropolis, where there's a shopping area, called the palatka, and stores closed everywhere. the most powerful story was i was in a cab going back to my hotel and i said, how are things going, and he said, terrible. after expenses, i live on $10 day. the protests are

jared bernstein. >> you are exceptional. >> thank you very much for being here. >> thank you, ezra. >n the brave new world of legalized marijuana, how can the punishment fit the crime, when in some states smoking pot is no longer a crime? we get into that one next. e kit. look! over time, cascade complete pacs fight film buildup two times better than finish quantum to help leave glasses sparkling. cascade. the clear choice. >>> straight ahead, the latest from the congressional manscaping appreciation society. it's a hair, and i'm sorry about this, do. >>> obviously i didn't support it. ask me how i feel about it is like being a governor of a state that has terrible forest fires. you take this job, you know, good and bad. and our voters very clearly said that they thought this was a step forward. >> and there you have it. colorado governor john hickenlooper not feeling so chill about his state's voter approved decriminalization of marijuana. coloradans ad as you may recall voted last month to amend their state constitution to legalized use of small amounts of marijuana. and this week g

. >> jared bernstein is an msnbc contributor and former chief economic adviser to vice president joejared, thank you for being here. >> thank you for inviting me, jonathan. >> take us through what happens if we do, indeed, go over the cliff tonight. >> well, if we go over the cliff and there isn't a new plan in the offing that could pass very quickly, and that's actually quite an if right now because they have been making some progress, then, you know, some bad stuff could happen when financial markets reopen. they would take a spike down because they have largely priced in a solution. a very serious problem, millions of people would face what's called a hard cutoff of their unemployment benefits. if you're on extended unemployment insurance, meaning you're a long-term jobless person, you would lose those benefits, and, of course, if we go over and stay over, a bunch of tax increases kick in. that doesn't look like what's going to happen, jonathan, but that is certainly a plausible scenario. >> so those are the cold, hard numbers, but what do those numbers mean for the poor and middl