joining me now is jim warren, washington bureau chief of "the new york daily news" and msnbc contribute are to, joy reid. thank you both for being here tonight. >> thank you. >> jim, iran, syria, the peace process, these are really tough issues. is the president trying to reset relations with the israeli government? >> you know, i think as much as anything, he's trying to slightly reset them with the general israeli public. one realizes that netanyahu knows what the deal is. they've met ten times? that's far more than he's met with putin, far more than the leaders with china and ironically more than some particular congressional leaders. but reputations and images, as you know, good and bad, are hard to lose. and here's a situation in which the image among both conservatives in this country and among the israeli public fly in the face of what are the facts. never in history on many levels, intelligence sharing, military aid, security information being shared has a relationship been any stronger than it is today and a little bit of news if you're listening to that press conference was th

jim warren is the washington bureau chief of "the new york daily news."nning is with "the washington post." carol, let me begin with you because you wrote that story that responded or debunked what the daily caller has said thus far. what do we now know? bring me up to speed in regard. >> what we now know is that one woman who is an escort in the dominican republic and one man, a lawyer in the dominican republic have gone to dominican authorities, sought immunity from prosecution for any involvement in a smear or slander campaign, and have sworn in affidavits that they were hoodwinked into making a tape of some sort where they recited a script about having sex for money with senator menendez and also a wealthy donor friend of his. the woman says she didn't realize she was being taped and also said she was approached and paid to make these statements and read them aloud. >> paid by whom? do we know? >> yes. she knows who paid her. it is the first lawyer who has also made another sworn affidavit. his name is mr. galvan, according to the affidavit in the dom

demers, welcome back to "mad money." >> good to see you again, jim. >> all right, david, no doubt you heard the warren buffett comments. where is burlington northern, where is csx, where is union pacific in terms of the seriousness with which they're addressing locomotive engines for natural gas? >> i think it's very serious. it's been no secret, we're also working with cn rail, another one of the big players, and with the announcement with caterpillar and their emd division last june, it's no secret that everybody is really excited about the opportunity, and frankly, i don't think it's going to be years away. you can see everybody's moving now. they have to move. whether we get the entire rail industry converted over the next decade is another question. but people are moving now. it's really exciting. >> couldn't you just tell me what it looks like? here's what i'm thinking, you tell me. there's a train and behind it are some tanks, and because they carry the stuff, they could have tank after tank. do today really need to stop and get filled up all the time? >> no, it's one of the beauties of what's

warren buffett. it's going to be a good idea. let's go to brandon in georgia. brandon? >> caller: jimrs boo-yah from atlanta, georgia. >> you bet, man, i'm doing a gator thing right now. what's going on? >> caller: i wanted to hear your thoughts on cvs. it's had a big run lately. >> it's not done. hope it comes down so we can -- >> buy, buy, buy! >> for the trust. john in new mexico, john? >> caller: yes, b-b-b-boo-yah. >> great. land of enchantment. what's up? >> caller: jim, can i short amazon? >> no, no, no, no. this is a wild card. we don't know whether to go short it or long it. and we don't just therefore presume -- >> don't buy, don't buy. >> and sell, sell, sell -- >> it's too hard. too hard. it's been a bad short for a lot of people. i need to go to mel in california. mel? >> caller: hi, jim, how are you? >> all right. how are you, mel? >> caller: fine. i've been doing a little research on baidu, i'm wondering if it's time to pull the trigger. >> there are a lot of people telling me it is. i say, you know what? china, too hard for this guy. go find someone else who likes it.

jim? >> yeah. i think that after -- after kenny and i critique warren buffett, stick around and we will critique michaelordan and teach him how to shoot hoops as well. >> excellent. >> the point warren buffett made, what he said about interest rates and the thing that's interesting to me, is i'm not positive it means with interest rates where they are, there will be a ton of borrowing and some of that loose money will end up in stocks or if he means at a ten-year hovering around 1.8, does the coca-cola 2.2 look attractive? i think he means the latter pip think people will look for yield and that's what warren buffett has done as well. >> kenny, let me jump in. the end of warren buffett's interview, he talked about the healthy suspicion, my words, not his, that individuals need to bring whenever they are invited by a salesperson to buy securities. and he made the case that cost, especially for vids individual investors, is absolutely critical. by inference or implication, he doesn't think much of investment professionals. how do you react to that? he is an index guy, basically, for individuals. >> right.

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jim said -- >> i would buy that for a dollar. [ applause ] >> stephanie: my friends sends me the headline colorado creates a special marijuana committee, and it's a joint committee. john fugelsang boston sexy liberal elizabeth warrene as a growing number of lawmakers say that big banks of effectively too big to jail. >> yes she is hot. >> stephanie: you meant that in a policy kind of way. terry you are on with john and company, hello. >> caller: good morning, stephanie. quick comment, i am never sure if i get cut off, because you don't like my commentary or i'm far too radical -- but after listening to mary i'm pretty sure that's not the case. but i want to make a quick comment just to piggyback on representative chu's comments the public plays a critical role here. >> stephanie: that's right. >> caller: the fight has just begun in my opinion, and the last comment is talk about a dream team clinton and -- >> stephanie: elizabeth warren. >> caller: elizabeth warren >> stephanie: how awesome would that be. and the only other thing that would trump that would be clinton, obama, michelle. >> stephanie: there you go. >> we did have a war with england to get away from inherited power as a system. jeb bush was eating it

squawk woks with warren buffett, auto nation, the retail giant reporting an impressive month in sale. mike jackson is the chairman and ceo of auto nation. mike, good to see you. >> jimou. >> thank you. you've got some terrific things, as always, in your conference call. and i want to point out, in the mood here, goodness, that you said that we are just beginning to recover in 2013 from the used car market which is a gigantic market for you. that's the most bullish statement in your most recent conference call. >> yeah, it's a really good time in the auto business, jim. for once in my life, i'm in the right place at the right time. i certainly paid my dues to get here. for the month of february, we announced retail sales, new vehicles, of just over 21,000. that's a 6% increase on a same store sales basis, plus 3% as we have some acquisitions in there. some of the bright spots are that our premium luxury business was up 16%. our pickup truck business was up 16% also. and believe it or not, the state of california was plus 10%. for the industry, the sales were at an annual selling rate of 15,400,000. that's the fourth month in a row above 15 million. it's really a tren