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always be at least an inch of away from the back of your -- >> he had a pet name for his johnson, his johnson's johnson >> stephen: really? >> yeah. >> stephen: could he pick up peanuts with it. not enough-- not enough presidents talk about their balls. >> no, i know, i know. >> stephen: this guy literally would grab his nut sack when he was eating. >> he would grab his nut sack, take a crap in front of people. we bring them from the oval office into the private bathroom, drop his drawers and take a crap. >> stephen: do you think obama could get more legislation passed if he would just drop it in front of boehner. just pinched one off. >> that's got to be the title of one of his memoirs, dropping a deuce in front of boehner. >> stephen: why did johnson care some of. the play takes place from 1963, november of '63 after the assassination of president kennedy to november of '64 when johnson is re-elected, spoiler alert. and it's really about him driving through the civil rights legislation. why did it matter to him? he's a guy from texas which is not a great state for civil rights. >> no. >> stephen: why
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johnson & johnson. why are you getting at this time >> since the inception of our company since 1979, there is a preeminent health care provider in pharmaceutical, medical devices, and consumer over-the-counter health care. it's been one of the great, steady eddies in terms of earnings growth and stellar financial strength. it's a company that you can buy and own for the long term. liz: you have johnsonound one with oracle. who is the winner in this battle? >> we like oracle. one of the recent purchases, i'm going to give them the slight edge here. getting them onto the next round is simply because oracle is a tremendous valuation selling at about 12 times the earnings with the pickup that we expect in the economy and we ink that will impact technology companies like oracle. and we have great safety evaluation here. liz: we also analyze that you like union pacific over granger. can you tell us what you like about union pacific so much, especially when we have a mediocre economy here. >> yes, but look, if you want to go east to west, you really have used union pacific. if you want to go into mexico, they own the six railways into mexico. union pacific, even though it is a domestic company, it is still an emerging marketplace because of all of the transports from california. liz: now we have the final round, union pacific versus oracle. who wins the championship in your bracket? >> wel
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johnson & johnson, where quality products for the american family have been a tradition for generations >> osgood: good morning, charles osgood is off today i'm anthony mason this is "sunday morning." our annual money issue. look how we earn it, invest it, spend it, even admire it. for years favorite spot for spending money is the shopping mall but of late there are signs of a seismic shift from the days of everything you could possibly want to buy under one roof we're shifting to era of everything must go. everything including the mall itself. mark strassmann reports our cover story. >> all across america shopping malls are dying. >> all of a sudden consumer now has every single retail store a key tap away. >> why would you go to the mall if you can reach in your pocket. >> we met one entrepreneur who says he has a recipe for the future. reinventing the american mall ahead on "sunday morning." >> the color of money in this counsel tree is on the drag and drop side not like bills you can find elsewhere. rita braver has an accounting. >> america got a new $100 bill recently. but compared to the colorful and creative designs of other countries, our money can seen down right dull. doesn't the u.s. of currency envy? >> absolutely not. >> later on "sunday morning" we'll show you the money. >> it's all in the wrist is a popular saying the watch words of whole new generation of gadgets. >> it's no secret computers keep getting smaller but these days they are small enough to wear. >> a smart watch is companion for your smart phone. we look at our phones up to a hundred times a day. >> haven't seen smart watches, so far it's been more hype than sales. >> their time is coming as you'll see later on "sunday morning." >> shakira is a within word name for a singer with a double life. superstar in the world of music, committed therapist in the land of her birth. lee cowan tagged along. ♪ >> shakira has made a fortune as international pop star. how and where she spends her money brings her back home to her roots in colombia and this gleaming new building. >> it is not charity. it's human investment. >> not the only she's helped. going home to colombia with shakira ahead on "sunday morning." >> where anyone with case and money to burn wants to be. this morning mark phillips will take us for a ride. >> rolls royce, once the gold standard of understated automotive elegance all fine leather and lack warred with veneer. now new money has brought new taste. there's just about nothing the people who built them won't do for a price. >> are you turning these things in to half million dollar hot rods. >> i would hope not. >> not your father's rolls royce later on "sunday morning." >> plenty more where that came from. but first here are the head lanes for sunday morning, the 23rd of march. it's now been more than with weeks since malaysia airlines flight 370 disappeared with 239 aboard, new satellite images of what could be objects from the boeing 777 have search planes combing the indian ocean about 1500 miles off western australia again today. holly williams is in perth. >> this blurry chinese satellite image shows something floating 1500 miles off australia's west coast. last sunday another satellite photo captured two objects of similar size. and yesterday spotted floating debris in the same area. australian prime minister believes it's evidence that may solve the miss tearians disappearance of malaysian airlines 370. >> now had a number of very credible -- increasing hope, no more than hope, that we might be on the road to discovering what did happen to this ill-fated aircraft. >> in one of the most remote corners of the world search planes from the u.s., australia and new zealand are scouring the seas for wreckage of the boeing 777. since radar proved ineffective they're relying on the human eye. they covered the air of size of west virginia today. enormous task in waters that sometimes see 50 foot swells. more than half of the 239 passengers were from china. several chinese ships are making their way and two chinese aircraft will join the operation tomorrow. for "sunday morning," holly williams in perth. >> russia said today its flag now flies overall of ukraine's 189 military sites in crime california the air base was the l.a. to fall it was -- after a tense blockade that lasted more than a week. a mile long mudslide in washington state, 55 miles northwest of seattle has left three people dead and eight others injured. the mud, trees and rocks destroyed six homes in the town of osso. one witness said it came out of no where. day three of first lady's visit to china. mrs. obama and her daughters walked along sections of the great wall. today's weather scattered showers and thunderstorms in the southeast, snow will fall again in montana and wyoming. in the week ahead, a nor'easter could bring snow from the carolinas to maine. the sunny southwest is the place to be. next, we're off to the mall. and later -- >> i knew it was not to shake i, >> mason: a store was going out of business. it could mean the entire mall ising down. our cover story is reported by mark strassmann. >> these are the ruins of a dying culture. the american shopping mall. >> the skating place. >> audrey grew up outside of toledo. >> like many of her generation spent much of her teenage years hanging out at the mall. >> you couldn't even get parking spots here. i probably spent moss of my paycheck at j.c. penney's. >> audrey wasn't alone. everyone wanted to go to the mall. for half a century the mall was the mecca of our booming consumer society. >> lots of space in this mall. >> fact celebrated in many a popular movie. >> got everything. >> america's lover affair with shopping malls began in 1956 when nation's first fully enclosed mall, southdale opened its doors outside minneapolis. >> this is the most exciting period in this economy. actually the most explosive growth anywhere on earth at any time during history. early '50s through the '70s. >> robin lewis is the author of the "new rules of retail." >> in the mid '50s dwight eisenhower signed the interstate highway act. >> will have impact on the entire nation. >> constructed 54,000 miles of interstate highway. what that did immediately it provided mobility so they began moving in to the suburbs. and also what it afforded was the ability to construct these regional malls. they just exploded. across the country. >> between 1956 and 2005 about 1500 malls were built. including the mall of america in minnesota. one of the world's biggest. 4.2 million square feet, 520 stores, an amusement park and even a wedding chapel. it was a golden age of shopping. which lasted until a new golden age came along. courtesy of the internet. >> all of a sudden the consumer now has every single retail store throughout the world a key tap away. >> today malls across the u.s. are dying. no knew enclosed mall has been built since 2006. and lewis predicts fully half of allure malls will close in the next ten years. >> why would you get to your car and drive to a mall when you can reach in your pocket. >> that's a good point. >> but if the mall is dead, how do you explain this. on the outskirts of atlanta we found one formerly dying mall that is thriving some saw opportunity. >> the color, the item, that's what brings people from afar to this area. >> in 2005 he took over a struggling generic mall. and transformed it in to plaza fiesta designed to meet the needs of an exploding hispanic population. >> we followed demographics, because it's nothing more than a numbers game i would tell you. got to have enough consumers positive support this. >> he has turned dead space in to successfulful hispanic malls with large immigrant communities. looking to expand he discovered the hispanic population around atlanta had quadrupled. but one thing was missing. >> part of the culture of hispanic community is part of family. there was not a place where the families could gather and shopping doesn't just mean shoes and clothing more eating at a restaurant. but also a place where they can listen to music, sit down, relax and spend some tame with the family. >> the plaza has 280 stores but also a doctor's office and dentist, hairdressers, money wiring services, everything you mine find in a mexican village. even a bus station to bring customers in. has more than four million visitors last year. it's one of one stop shopping it's a one-stop experience. >> the strategy here paying attention to changing america and giving customers something they can't get on their computer. they also the key to reinvention at other malls in other places. >> some of the malls are going to have a second life what are the keys. >> experience. entertainment. drag away from the shopping on the internet give them a reason to spend the time to go make the effort to go there. only way they're going to do that if there is something going on. >> and an experience you can't get -- >> exactly. >> mason: next, we're talking real money. [ male announcer ] how it feels to chew 5 gum. [ whirring ] [ wind howling ] a new mint flavor that intensifies as you chew. new 5 ascent gum. stimulate your senses. >> mason: a lot of thought goes in to the design and color of money. but is it art? here are two sides of the story beginning with rita braver. >> these days american money is all about our celebrated statesmen. but once upon a time our currency was more adventure some. featuring native americans, the pilgrims, martha washington, lewis and clark and back at the end of the 19th century there was this inventive line of bills. known as the education theory. >> the name of this particular design is actually light to the world. literally holding a light bulb. >> we could understand why united states treasurer rosie signature you'll find in your wallet today looks back longingly at the money of yesterday. >> to tell you the truth this looks a lot more exciting than our current currency. >> absolutely. i agree with you. >> you've got chair robbed. >> in 1929 we got the dollar we know today. the look hasn't changed much. seems like the rest of the world is trending colorful and creative bills. bank notes, even sports themed. >> could be the calling card for what that country represents in the international market. fry to capture the culture of that particular culture. >> director of design. a british firm that designed paper money for more than 150 countries. there's the two-time bank note of the year winner, the kazakhstan and the denar after the fall of muammar qaddafi. >> the image of the crowd. on the back depicts the new libyan flag. >> as for what appears on the most currency worldwide, for decades it's been queen liz both. in the usa the produces 1.3 billion dollars worth of current zoo a day. >> we make money 24 hours a day. >> and the director says the current focus is on using technology to thwart counterfeiters. >> in this blue ribbon contains hundreds of thousands of micro lenses. when you tilt the note the images move up and down. when you tilt the note up and down the images move left and right. >> but we've still got ben franklin. >> welcome on board. >> in the only put astronaut on the $5 but also in the -- >> just want to tell you how proud i am. >> we americans can only dream of what could be. a few years back when website put out a call for design to update the dollar, suggestions poured in. how about the statue of liberty, amelia earhart, marilyn monroe. but officials say that changing the images on u.s. bills would become a political quagmire. >> in our country it's all about dead statesmen and old buildings. >> that is one thing that people do rely on when they look at you is that familiarity. so when you go overseas they may in the know what this image is but they know that they're going to look for it on the $100 note. >> you can bet your bottom dollar that our money will keep its iconic look. ♪ >> i have no idea where it would go when i started cutting up the first bill. >> mason: first cut up a dollar bill 15 years ago. >> sort of personal interest in economics. >> mason: he couldn't stop making things out of money. his collages are assembled from $1 bills. he calls this the money lisa. >> by doing what you do you show up sorts of parts of the dollar. >> that's the irony of the work. people are so familiar with the object they have it ip their hands and no one really is aware of what it look like. >> mason: his work asks us to reconsider this piece of paper we value so much. >> it's sort of taboo being broken in order to make the work. >> mason: his epic piece liberty is 17 feet tall made from nearly 82,000 bill fragments. >> took basically the entire year. >> not all his ideas are so ambitious. >> standard or did you have this made? >> i had this made. my brother david is a woodworker. >> titled "a very expensive push broom" it's bristles are 88 dollar bills. >> you really do give whole new meaning to how far you can make a dollar bill go. >> thank you. i intended that. >> the 42-year-old artist works out of his home in lancaster, pennsylvania. where he lives with his wife, amy, and 2-year-old son, henry. wagner some ma knicks with exascto-knife and glue. >> you see all the pieces that were in it. >> we call it dissection when we're breaking up the bill. >> he harvests every scrap of the bank note. meticulously sorting the pieces. >> the light chunks box. >> includes a section for the signatures of the treasury secretary. george washington also has a home. >> it's always george washington, he stands in for everyone. >> in wagner's world, washington becomes every man. and all the faces in the crowd. he makes other famous faces, abe lincoln, ben franklin. ben bernanke. >> that was commissioned by "time." >> they rejected it. senn sold to the smithsonian. the national portrait gallery. >> always moving having somewhere between the drawing elements. >> at new york's gallery, wagner's collages can fetch tens of thousands of dollars, it shows usually sell out immediately. >> how many pieces do you have? >> probably a dozen. >> frank williams is a collector. >> i keep findings things that i like to bring hem toe look at them a little longer than i can in a gallery. >> is it expensive to work with money. you cut up a lot of bills. >> i like to think people think it's expensive but bills aren't the expensive part of the operation. it's the time. >> the very act of cutting up money raises the question of, what it's worth. mark wagner's art is a conversation about the nature of money and american identity. >> i am not making posters. i'm not making protest signs. art happens in two places. art happens in my brain when i'm making these things, and the viewer's brain when they're looking at them. i'm interested in what everyone brings to the table. >> mason: coming up. something's fishy. take a closer look at your fidelity green line and you'll see just how much it has to offer, especially if you're thinking of moving an old 401(k) to a fidelity ira. it gives you a wide range of investment options... and the free help you need to make sure your investments fit your goals -- and what you're really investing for. tap into the full power of your fidelity green line. call today and we'll make it easy to move that old 401(k) to a fidelity rollover ira. it's built to be as fast as it is strongor advil. and fights pain at the site of inflammation. advil has the strength and speed to help you move past pain. advil. make today yours. >> mason: something's fishy at a busy tokyo market much to the delight of restaurant patrons. seth doane with a very pricey fish story. >> it's the fish, the knife and a little rice. there's not much else. >> eating fish is part of life. >> part of life? >> yeah. >> at his tokyo restaurant isana the chef told us something surprising in this fish-obsessed city some customers expect the seafood to come from a certain market. that market called tsukiji is the largest. packed with every type of seafood from bright colored octopus, shrimp to king crab to tiny sardines. the chef is usually here searching for inspiration. >> i found some squid. >> you're creating the menu as you shop. >> yeah. >> more than four billion dollars worth of seafood mass through tsukiji in japan but consumes 10% of the world's fish. >> i'm from chicago we have lake michigan, we have fresh seafood but nothing like it looks like the fish just got out of the water. it's amazing. >> alana is a teacher and foody. >> i had salmon and others which i love. like i would marry it just eat it every day. >> 30,000 tourists a year come to see the find tuna lined up for auction. >> the fattier tuna and with the bigger belly will get you a better price. this fish comes from all over the world as far away as australia or south africa. tuna regularly sells for tens of thousands of dollars for a single fish. last year one blue fin set a record, selling for $1.7 billion. >> the biggest fish that was sold today at the tuna auction was bought by you. >> yes. >> are you proud of that? ten knee paid $40,000 fora single tuna on the day we were there. that's hard to believe. >> we didn't get -- >> blue fin can be up to ten times more expensive than other types of fish. something restaurants sell gist to draw in customers. >> had your parents done this, too? >> yes. >> are you second, third generation. >> i'm the eighth generation. >> eighth generation. little has changed in the 80 years, but this market will likely be torn down and relocated as part of a modernization plan ahead of the 2020 olympics. >> he says sushi simplicity what makes it so difficult to master. but at the very center of it all is getting the freshest fish. >> mason: still to come, time for a change? lear. 16 days of relief from itchy, watery eyes. 28 days of continuous relief from sneezing and runny nose, since i've been taking claritin every day of my allergy season. get the #1 doctor recommended non-drowsy allergy brand. live claritin clear. every day. >> mason: it was all in the wrist within whartonist first outfitted dick tracy with a with-way radio watch back in 1946. it's all in the wristwatch today as manufacturers try to dazzle us with gadgets like this smartwatch. yahoo!'s david pogue takes their measure. >> the history of computers is a steady march towards smaller. computers were once the size of a room. then the size of tv sets. then the size of phones. in fact computers are now so small they are on your wrist. eat your heart out dick tracy. >> over and out. >> a good way to think about smartwatch is a companion for your smart phone. we look at our phones up to hundred times a day. a smartwatch could save you time. >> the editor and chief of "laptop" magazine. i'll send you a text message see if it shows up on there. >> sure. >> you have spinach in your teeth. i hear something vibrating. >> come on. it actually works. >> that's right. >> although you can't respond from your wrist. that's why it's more of companion not a replace" for your smart phone. >> give me show and tell of what the latest are. >> this is the -- what we like is that there's an available app store for it. >> almost sounds like you said you're going to download apps to your watch. >> yes, you can. there are big names behind it like cnn and estn and yelp. there are 300 apps available for this including facebook. >> probably haven't seen a lot of smartwatchs on real people's wrist. so far it's been more hype than sales. they are still so bulky, like wearing a vcr on your wrist. or maybe because you have to charge them every couple of days. or maybe because they're just unnecessary. you've got your phone right here. how much effort do you really save having same functions on your wrist? but there is one area where having electronics on your wrist makes tremendous sense, that's monitoring your health. >> measuring my skin response like your sweat. >> the quantified self movement using gadgets to monitor your own health, stress, sleep and fitness. >> just want to understand all the components that constitutes me and what's going to help me become a better person. i've been known to occasionally wear one of these all day. >> bob has embraced this idea of self tracking in a big way. he has devices that machine for his posture. >> feel vibration, like, sit straight up. >> his breathing. >> his brain waves during sleep. >> , among other things. >> clearly there's been big money in health tracking gadgets that may be the key to building a hit smartwatch. samsung's first smartwatch, the gear, was clunky and complicated but it fit smartwatch has a secret weapon. >> a heart rate monitor built in to the device and can read right from your wrist. >> samsung isn't the only tech giant with plans for your wrist. google has just announced new operating system for smartwatchs. motorola just announced the first round smartwatch. then apple, its watch plans are secret but they are hiring fitness and fashion experts. this technology battle has just gotten underway. analyst expect us to buy 500 million wearable gadgets in the next four years. this is a battle far much more than place on your body. this is a battle for your loyalty, for your data and for your dollars. >> mason: ahead -- every individual has unique expression that they want to put out in the world of contribution. >> mason: meet the thousand dollar man. ,,,,,,,,,,,, >> mason: many a worthwhile project requires seed money. providing that money is one man's passion and a boon to the folks our john blackstone has been talking to. >> 13-year-old harley loves animals. >> just cute and fun to be around and make you happy. >> when she was eight she started collecting blankets, food and toys to donate to animal shelters around cleveland. >> there was something to change lives. >> with her mom's help she's already donated,000 items. to do more she decided to turn her charity, blankets for beast he's in to a tax-ex only nonprofit. but that takes money a 13-year-old doesn't have. >> hi, guys. >> hello. >> how are you? >> she turned to ari nessel who made a fortune in dallas real estate. >> she was so sure what she wanted. >> harley was giving away $1,000 a day. every day. for the rest of his life. to someone trying to make a difference. >> the thousand dollars that i received changed my life because it changed the charity and turned that around. >> 40-year-old nessel created a foundation called the pollination project. >> that is going to grow. >> instead of writing a big check to an established charity, he chooses someone just getting started the receive his daily thousand dollars donation. >> the challenges of philanthropy such a disconnect between the givers and those who are benefiting from the work. >> he set out his first check january 1 last year. has selected a new recipient each day since. he gave away his 447th grant this morning, that's $447,000 dollars and counting. >> the last year and half, in 42 different states and 50 countries. >> in india, a man paralyzed by polio got a thousand dollars to deliver meals needier than he. >> a man who has no legs, you think everyone else should be taking care of, he'd go twice a day in monsoons and heat and bring them food and we want to support that. >> thank you. >> another thousand went to celia. >> an 88-year-old woman who lives in southern california who wants to give away her land to support community agricultural. to teach kids how to grow vegetables and fruit. >> there are those who have heard of your model say, giving away small portions of money is not the way. pick one, give a big sum. >> my experience that transformation happens on the fringes and micro areas of individuals. doesn't happen on large scale, it happens through everybody coming together in communities and in a movement. >> how many much you all have been through our two day workshop already? >> kazs trying to start a movement with the thousand dollars he got from the pollination project. >> one of the reasons why we continue to come in to county jails and prison is because we know that it's a violence is going to decrease it's your voices that are going to help create that change. >> he trains prisoners and at-risk students to embrace nonviolence. >> i just react on impulse. i have time to take a minute to pause to really look at the bigger picture. >> he conducts weekly workshops at san francisco county jail. >> our next generation don't have to be violence because violence is learned, it can be learned. >> one of his students says the training has changed him. >> be different than that when you leave here because of him? >> i'm practicing on being better than i was. one thing for sure i'm never going to be the same person i was when i walked that you those doors. >> how to has the pollination project changed that? >> that people looking at our work believes in us. the smaller the grant may be it's meaningful. >> for ari the small investments are earning big returns. are you happier than you were couple years ago? >> i feel great. every day i get to say, here is money for you, go do something to improve your community. do something to help others, that is quite reaffirming. >> money can buy happiness. >> generosity can buy happiness. >> mason: coming up, flying high. and not so high. [ male announcer ] this man has an accomplished research and analytical group at his disposal. ♪ but even more impressive is how he puts it to work for his clients. ♪ morning. morning. thanks for meeting so early. oh, it's not a big deal at all. come on in. [ male announcer ] it's how edward jones makes sense of investing. ♪ they weren't looking at me. ♪ i can't believe i still have acne at my age. i feel like it's my acne they see...not me. [ female announcer ] acne is a medical condition that can happen at any age. fortunately, a dermatologist can prescribe aczone® (dapsone) gel... fda approved for the topical treatment of acne, and proven in clinical studies with people 12 years and older. talk to your doctor about any medical conditions you have, including g6pd deficiency, and any medications you are using. use of benzoyl peroxide with aczone® gel may cause your skin to temporarily turn yellow or orange at the site of application. the most common side effects with aczone® gel are dryness, redness, oiliness and peeling of treated skin. looked great. [ female announcer ] ask about a free sample size of aczone® gel. aczone® gel. see a dermatologist and see for yourself. and irresistible aroma of nescafe clasico stir what's inside of you. ♪ [ engine revving ] [ tires screech ] ♪ [ male announcer ] that was bold. real bold. ♪ >> mason: cast your eyes on a rolls. a rolls royce. the motor car far those occasions when traveling in anything else just won't do. mark phillips takes us inside the legend. >> you'd think this would be enough. the spirit of ecstasy, the winged lady to you and me, long the same woman of the car that claims to be the essence of met oring acgance. sometimes having everything means wanting more. more than the hand chess annuleter from at least 15 bulls that are used in the up poultry of each car. apparently hides from stretch marks. more than the painstakingly crafted and lacquered over and over again woodwork. it seems that nobody buys a rolls royce off the rack any more. for this kind of money you want to stamp your own identity on it in addition to that of charles rolls and henry royce. if you are spending three or four hundred thousand dollars on a car, you not only want something special, you want something different. different from all those other guys spending three or four or five hundred thousand dollars on a car. and here if you want it, they will give it to you. buying a rolls royce has never been an exercise in in conspicuous on sums there is always a "look at me" factor. often the people who had them weren't looking at. now anybody can drive a rolls even those pretending to own one. >> drives really nice. i have to tell you the wealthy, the wishes, desires of the wealthy know no bounds. it's richard carter's job to fulfill those whims and wishes, bosses get to wear their own suits on the assembly line. visitors get to look like chemistry teachers. >> being really fussy. >> underneath rolls royces you're not supposed to call them rollers, are pretty much the same. big powerful engines driving big comfortable cars. but people also want, for example, a fiber optic representation of the night sky worked in to the headline in the just any night sky. but the sky the night they were born. where the car was born. one middle eastern businessman thought gold trimmed and armored car would be nice upping the price the about $8 million. others wanted their car's to match their yachts. once a rolls was supposed to be about understated elegance, not any more. if it was good enough for john lennon and his sergeant pepper's rolls it's good enough for the rest of the lonely hearts club rolls royce band. is the diamond studded interior for the jewelry case, or the picnic basket trunk. the more they want, the more they spend. it's richard collier's job to guide buyers through customization, what they call here the bee spoke process. >> for the time your customer finishes, how much can you add to the cost? >> some cars which double in price. >> green is my lucky color. >> mr. agara a property gazillion they're is lucky. he's bought three rolls royces, china is now rolls biggest market. by the time he was through with this one it cost -- >> i knew that question was coming. >> closer to 1.8. >> that's $1.8 million dollars. here they will spend anything. and here they will make anything to keep the spirit of ecstasy flying. >> mason: if a rolls is out of your price range and you're looking to travel on the cheap, richard schlesinger of "48 hours" has just the ticket. >> there is something about spirit airlines that doesn't add up. passengers routinely blast the airline. consumer reports gave it one of the lowest overall scores for any company it's ever rated. but it has one of the highest profit margins of any airline in the country. spirit takes no frills to new heights with some of the lowest-based fares but passengers complain it's late, it's cramped, they are charged for things most airlines include in the ticket price. we found lynn on her second flight largely bus she already bought three nonrefundable tickets. would you do this again? >> not next year. i booked all three flights -- >> how about the year after? >> no. not the year after. >> if so many people dislike spirit airlines why is it so hard to get a ticket? ben baldanza is the ceo. >> what people say and do are different things. people like to save money. and some of those people complain about what it takes to save that kind of money. >> flying spirit does take a little getting used to, the seats are a lot closer together than any other airline you might be used to. you know the old saying, you get what you pay for? well on spirit you pay for everything. everything. spirit was the first to charge for all checked bags. but now also charges for overhead space. $35 if you pay in advance. you'd better pay in advance because if you wait it will really cost you. >> at the airport it's $50. if you wait to go to the gate it's $100. >> spirit makes more money on some of the overheads with advertising. passengers on most domestic flights know there's no free lunch any more. but on spirit, there's not even any free water. it costs $3. angie has adapted. >> they used to give you that. now you pay. they are trying to cover their costs. >> baldanza insists the extra charges are not mandatory. he bristles if you call the charges, fees you don't like the f word, fees. what do you prefer? >> well, we think of it as option, is that customers choose. >> there is one thing passengers still get for free. >> we don't charge for bathrooms. >> never? >> we will not charge to use the bathroom. >> it's pretty much only concession, comfort is hard to provide with cut rate fares in this cut throat business. baldanza has to sell more seats so spirit planes have 30 more seats in the same amount of space. honest, are you comfortable in this seat? >> i'm short. >> baldanza wants passengers to know what they're buying so he has proclaimed this, the year of the customer. >> the year of the customer is 'he bout aligning the expectations to the reality. that reality is a compromise in some cases of comfort and other things but enormous win in terms of lower price which is what drives most people. >> are you lowering expectations? >> no. we're aligning it. >> thank you for choosing to fly with us today. >> reality is why people may grumble about the extra fees, sorry about the word, or the sardine-style seating, they are buying almost every available ticket on a growing number of flights. and that's what makes baldanza's spirit soar. ♪ >> mason: one word says it all. shakira. is next. ,,,,,, i dunno, i just ah woke up today and i said i need something sportier. annnd done. ok maxwell, just need to ah contact your insurance company with the vin number. oh, i just did it. with my geico app. vin # is up to the loaded. ok well then jerry here will take you through all of the features then. why don't weeeeeeeeeeee go out to the car. ok, i'll just be outside... ok, yeah. his dad is my boss. yeah. vin scanning to add a car. just a tap away on the geico app. ♪ . >> "sunday morning" on cbs. here again is anthony mason. >> mason: that's shakira, international singing sensation. but in her native colombia she's then for far more than her chart-topping singles. our lee cowan followed her home. >> she's sensual with a capital s. mainstream star with latin roots who can bend where most of us just don't. the hips, make shakira famous enough she doesn't need a last name. her worldly rhythms made her a true toss-over sensation. ♪ >> i was eight years old. i wrote love songs that were like -- only eight years old. ♪ >> she's still writing love songs just a lot more steamy. she's out with a new album this week that includes the duet with superstar rihanna. sigh why shakira turns a lot of heads. forbes thought she was fourth richest woman that was before her lucrative contract with nbc, be celebrity coach on "the voice" but fame and fortune weren't enough. >> i had a plan. i wanted to become relevant. i always felt i could make a change, a difference. even fit was different, just something. >> that something started in her home country of colombia. a place never far from her heart and place she invited us to show us something special. we met her in cartagena. it has two distinct faces, there's the tour rest friendly old city, the colorful street vendors and performers. but then not far away is a slum. there's no proper plumbing or reliable electricity, for children, school is seen as a luxury. >> so many kids who are just growing up abandoned without any chance to get a fair start in life. >> almost makes you angry. >> it's crazy. where are they going to end up in prison, in gangs? to me the only way to do that is with our own kids. >> that determination is about to come very concrete. she made her way through the dirt street, fans cheers not for a concert but for this. a brand new state-of-the-art school. one shakira helped build. from the very first brick. >> where kids can actually grow up feeling protected, healthy, away from drugs, away from trouble. where kids can be kids. >> architecturally it's a wonder. like a castle on a hill overlooking cartagena. there's enough room here for 1700 kids who will be educated and fed. while their parents get support and training. it was impossible during our tour not to notice sha car a beaming with pride. pretty clear that this is what being relevant means to her. what is it like for you to see this all finally come together, it's been two years? >> it's a dream come true. a lot of effort, a lot of time. but it's finally happened. it is not charitiment it's human investment. >> early childhood owed occasion has been her passion ever since shakira started her own charity, the barefoot foundation. she was only 18 at the time. and a brunette. the young pop star was as packsality natural about her music as education. her foundation would not build one but six schools. as well as funding one in haiti and another in south africa. >> always ask myself what was the real purpose to my life. i knew it was not to shake it endlessly, you know what i mean? it has to be more to it. >> she's also a unicef global ambassador and three years ago she was even appointed to president obama's commission on education for hispanics. does it get to the point that you don't have to do all of this? but you do, does it ever get overwhelming. >> yeah, it does get overwhelming. i do want to -- now i have baby at home, i have to let go of the reins a little bit. >> this is her son's first visit to colombia. shakira's boyfriend, spanish soccer star was back home in barcelona. >> you guys will ever get married? >> if i have to marry because only way you can be in a relationship i'd marry him in a second he's the one. >> for sure? >> oh, yes. have you seen him? >> it's clear family comes first. her music and her charity work are tied for second. shakira has proven she's a global superstar, it's that quest to make herself relevant that keeps driving shakira to new heights. >> there are a lot of people still that are not on board. there's a lot of work to be done. >> lot of convincing. >> a lot of convincing, a lot of talking. a lot of doing as well. and many more schools to open. >> do you give a tip then? ,,,,,,,,,,,,,,ead to lack good. >> mason: agonizing over the gray to you tie is never fun. nancy giles has been tipping points. >> to tip or not to tip. that is just one of the questions. there's also who to tip, how much to tip and when to tip. if the super comes and fixes something for you. >> i didn't know that i should. should i? >> delivery people? >> i'm not tipping everybody where every i go i'd be out of cash. >> the one tip means to ensure prompt service. diane gottsman is a tipping protocol expert. she will have the answers i need. >> what we tend to do is we overtip or undertip. >> she's right. just who do you tip? >> there are those people that we wonder about like our superintendent who comes to fix a leaky toilet. during the work day that's his job. but if he comes in the middle of the night and toilet is overflowing or on a holiday, then that deserves a little bit extra kindness, if you will. >> mail carrier? >> you cannot under any circumstances give cash to a mail carrier. >> not even at christmastime? >> you like this mail carrier, i can tell. >> does a good job and it's heard. >> you can give her something small like gloves. muffins. >> muffins for my mail carrier. what about tip jars? >> that's called a pressure jar. there is no obligation to tip. it's a nice gesture to tip. >> what about that small army of people who rush to help when you check in to a fancy hotel? >> everyone that touches your baguettes a tip. >> really? >> you have to factor that in to your travel budget. >> another tip from diane. leave the housekeeper a dollar or two every morning. not at the end of your stay. >> if you wait until the end of the week they have already changed staff three or four times. >> moving right along. what about taxis? we turned to long time new york cabbie bob manning. >> the average cab driver probably looks at tips as 20% of his income. >> a lot of people just tip you like one dollar? >> oh, yeah. >> he lets it go. most of the time. >> i had a guy once, i picked him up at jfk took him to the city he's on the cell phone with his buddy in the back just before he gets to his destination he gets off the phone he turns to his buddy and he says, i just made $6 million for myself. then he paid the bill to me, gave me a $1 dip on $52 far,. >> how are you doing, ladies? >> lois has served all kinds at the ticktock diner. treat them like you want to be treated. >> her best tippers? >> people in my kind of work. >> working class of your best tippers. >> is that right? >> wealthy people. not so good. >> why? >> because that's why they're wealthy. >> what kind of tip does she leave when she goes out to eat? >> if they're good, yes, the check is $15 i'll leave her $10. >> what if the service is really bad? should you skip the tip? >> never. ma you're going to leave something but going to speak to the general manager. leave 10% because there's multiple people involved not just that server. >> you give and make it home afterwards. >> that if you have fin isn't going to cut it. >> it doesn't pay that server's rent. >> mason: ahead. quirky idea. >> that is fantastic. >> mason: practical products. how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. chalky... not chalky. temporary... 24 hour. lots of tablets... one pill. you decide. prevent acid with prevacid 24hr. ♪ i think the sun might be shining ♪ ♪ just a little more bright ♪ ♪ i think the stars might be hanging ♪ ♪ just a little more high ♪ ♪ come on, love ♪ a new day is calling, and it feels so right ♪ [ female announcer ] with ingredients like roasted hazelnuts, skim milk and cocoa, there's a whole lot of happy in every jar of nutella. spread the happy. >> mason: today's quirky idea may be tomorrow's mist have product. that's the idea behind the company serena altschul now takes us to. >> those of you whose first quirky. a couple of ground rules. >> with all of the laughter it lacks a lot like college improv show. but this weekly meeting in new york city is all business. >> congratulations. >> we like to say the boast ideas in the world don't come from the board room but the living room. >> it's an unusual approach far a consumer products company that brought in $48 million in revenue last year. unless of course that company is quirky. >> good ideas should be out there because they're the best ideas. not because they're the ideas of the people that somehow have the means to be able to do it. >> quirky manages an international online community from 900,000 strong that submits, tweaks and every thursday night votes on all sorts of product ideas. what they vote on gets made. the site gets up to 3,000 new ideas a week. >> we're all creative people. it's hard to get through a dinner, wouldn't it be cool if -- or i've got an idea for. quirky captures that gives people chance for first time literally ever. >> the quickest we've gone from thursday night to retail store was 29 days. >> the company is the brainchild of ben calsman who started it five years ago at age 21. >> you are drawing a switch. >> the company started with a three word mission statement to make invention accessible. >> what's usually inaccessible to most inventors are all the important steps after that a-ha moment. that's where quirky jumps in constant feedback from the online community the quirky team actually designs, markets, patents and manufacturers the invention. >> most companies r&d centers are behind locked doors or need security clearance. you walk in you can't miss it. great job. >> it's a product makes it to the retail shelves, 10% of the revenue is shared with the inventor and every member of the website who helps along the way. whether it was voting on a already or even picking a name, last year quirky's inventors and online influencers shared $3.8 million. >> people that don't know a lot about it, the invention process, that doesn't seem like a lot of money. find a better deal. not in a cocky way. >> the company has more than 100 products on sale in stores like target and best buy. take this one. it was a tad skeptical about this called stem. to me it looked like a lemon. i'm going to say if i was in the crowd i love the idea. but it's ridiculous looking. i can't imagine that it works you spray it like ten times. i don't know. it's hard to -- then just -- >> still don't believe me? i'll keep going. >> from rubber bands with hooks to hot dog slicers, the ideas that get made in to quirky products can seem a tad quirky. but some are down right practical. >> as i'm driving along i'm looking at the buildings and each of these apartments seem to have air conditioners sticking out of the window. i started to wonder about how they managed that air conditioner. >> he was struck by inspiration during his morning commute. >> then i started thinking, wouldn't it be great if there was a way to actually control that and be able to turn it on just prior to my returning. >> the idea could have remained forever trapped in his notebook. he submitted a proposal to quirky within a few months the company in partnership with ge unveiled this. a wi-fi enabled ac unit that can be controlled via smart phone. >> the big thing for me is seeing that real live product that i could actually touch. i think when i did see it i put my hands on it. [ applause ] >> that is fantastic. >> there was an idea that i had now it's a real live product on this table. >> his air conditioner will be on sale by summer. >> he's probably going to make, i don't know, close to a million dollars this year. >> this is one of those things ahead of time going to hit this out of the park. >> i've been wrong before. >> whether you're a student, engineer or stay at home mother of invention -- >> is this -- ben and very quirky community are banking on your next big idea. >> good job! right on! >> mason: coming up -- i recommend saving 10-15% of your income. >> the road to riches. with jim kramer. you've tried to forget your hepatitis c. it's slow moving, you tell yourself. i have time. after all there may be no symptoms for years. no wonder you try to push it to the back of your mind and forget it. but here's something you shouldn't forget. hepatitis c is a serious disease. if left untreated, it could lead to liver damage and potentially even liver cancer. if you are one of the millions of people with hepatitis c, you haven't been forgotten. there's never been a better time to rethink your hep c. because people like you may benefit from scientific advances. advances that could help you move on from hep c. now is the time to rethink hep c and talk to your doctor. visit hepchope.com to find out about treatment options. and register for a personalized guide to help you prepare for a conversation with your doctor. you really love, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you and what if that person were you? ♪ when you think about it, isn't that what retirement should be, paying ourselves to do what we love? ♪ >> mason: some suggestions now from jim cramer of cnbc's "mad money." >> if you want to achieve real financial independence your paycheck is not going to be enough and contrary to what you might believe, saving isn't enough either. you need to invest your money so it grows year after your. in concrete terms how do you go about managing your money? first of ail there's two different kinds of investing. that's why you should have two different portfolios. you have your retirement portfolio, where you want to keep money in vehicles like 401(k) plan or individual retirement accounts. ira for short. you don't pay a cent of income tax for contributions to a 401(k) or ira until you withdraw the money you don't pay any dividend or capital gains taxes either. your cash is only taxed once. as regular income when you ultimately withdraw it. total no brainer. but here is the rub. if you withdraw men traditional 401(k) or ira before you turn 59 1/2 you have penalty. that's where your second portfolio comes in your discretionary portfolio just use cheap discount broker with low commissions for this one. discretionary portfolio creating both that you can use while you're still young enough to enjoy it. retirement comes first, though. i recommend saving 10-15% of your income with two-thirds for retirement investing. the rest you can play with in your discretionary fund. you should be more conservative with your retirement portfolio take more risks in discretionary one but there's one rule that holds true far both. always be diversified. this sounds simple but takes discipline. in short you are diversified with no mr. than 20% is in the same sector. the same area of the economy. that way if something happens to crush one group of stocks like the tech crash in 2000 or the financial crisis starting in 2008, it won't eviscerate your entire portfolio. if you don't have the time to pick individual stocks by all means built your money in low cost standard and poor's income. don't just save, invest. and remember, always stay diversified both in tax retirement portfolio and discretionary account. it's a growing trend in business: do more with less with less energy. hp is helping ups do just that. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind. [ female announcer ] now your best accessory can be your smile. with colgate® optic white toothpaste. unlike the leading whitening toothpaste colgate® optic white goes beyond surface stains to deeply whiten teeth. it whitens over three shades. that's more than the leading express whitening strip. so the only accessory you need to look fabulous is your smile. colgate® optic white whitens more than the leading express whitening strips. and try the new collection for whiter teeth in one day! are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. >> mason: now to bob schieffer in washington for a look what's ahead. >> schieffer: well, good morning, anthony we'll have of course the latest on the search for that missing plane. and we'll hear thoughts of mitt romney on "face the nation." >> mason: bob schieffer, thanks. next week here on "sunday morning." the science of laughter. >> mason: we leave you this money-minded morning surrounded by bills. the bills of snow geese and tundra swan in lehigh valley, pennsylvania. thanks for watching. i'm anthony mason, for charles osgood who will be back in this chair next "sunday morning." captioning made possible by johnsone been a tradition for generations captioned by media access group at wgbh access.wgbh.org ,,,,,,,, announcer: when you see this symbol you know you're watching a show that's educational and informational. the cbs dream team& it's epic. an avalanche crashes all in, down a mountainside. a helpless skier fights for her life inside the massive wall of speeding snow. then it's an adventure they never expected to take. a trio of musicians go on a daring trip to one of the most famous festivals on earth, and they're brave and fearless. jousting, it started in medieval times and is back today in the countryside of norway. meet the real life knights in shining armor, and watch how they compete against each other on horseback. ♪ music
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johnson & johnson, where quality products for the american family have been a tradition for generations >> osgood: good morning, charles osgood is off today i'm lee cowan this is "sunday morning." sadly enough we're beginning this morning with a look at a crime wave. perpetrator are night stalkers, greedy, unscrupulous, targeting a vulnerable creature just for cash. takes us to africa for this morning's cover story. >> with 25,000 elephants killed every year, ip places like this rangers and scientists and conservationists are doing everything they can, everything in their power to keep herds like this safe from poachers. >> we can't keep putting this level of resources in to the protection of elephants forever. price on his head is $2,000 to the gunman. >> the ivory poaching crisis that threatens the surveil of african elephants later this "sunday morning." >> if there is one place ip america that can claim to be the home of all that jazz, it's the surprisingly unchanged new orleans landmark that lesley stahl will be taking us to visit. >> that's an old trombone case. old clarinet case. >> it's not just the sign. everything at the new orleans preservation hall is old. you haven't changed it. renovated ever? >> we don't know where we would start or what we would do. you don't change something that's already perfect. >> later on "sunday morning" the preservation hall jazz band here where it all began in new orleans. >> elaine stritch has been wowing broadway audiences for more than two-thirds of a century now. as you'll see she can still more than hold her own with a television interviewer like me. >> what do you think when you look at that? >> i'm pretty hot stuff. >> at 89 elaine stritch remains as brassy and bold as she ever was. >> are you married? >> i am, yes. >> oh, shoot. >> our conversation with the broadway legend as her life now hits the big screen, a little later. ♪ >> spring is in full bloom in one city, we'll stop by to smell the flowers. >> thea flower show has sprung again. and this year they're putting culture back in horticulture. >> our goal here is to absolutely wow people make them reach for their cameras to come in to the show. >> later on "sunday morning". art in full bloom. >> with bill geist we'll tour the museum of not so fine art. anthony mason looks back on the career of bruce lee. steve hartman has story of a man and a goose. and more. first here are the headlines for sunday morning the 9th of march, 2014. planes and ships are continuing the search for malaysian boeing 777 missing over the south china sea with 239 aboard. get latest from our seth doan. >> the hunt is expanding as rescue teams widen their search. 22 aircraft and 40 ships have been deployed to search the area of the south china sea where the flight enroute to beijing lost contact with controllers. at a press conference this morning officials revealed that radar suggested the plane may have turned back before it disappeared. malaysia airlines says the pilots of the boeing 777 aircraft never sent a distress call. investigators are reviewing security camera video from the airport focusing on two passengers who were on board that flight traveling on stolen passports. at a beijing hotel not far from the airport emotional familymemn search for answers. this woman didn't give us her name, said her sister, 20-year-old, was on that flight. the family cannot take it she told us. i can't break the news to our 84-year-old father. the flight was supposed to land a day and a half ago. malaysia airlines warned families to prepare for the worst. why can't they find the plane, she asked? science and technology are so developed, how can a thing as large as a plane just be missing? family members at this hotel are asking many questions and receiving few answers. some here are simply hoping for a miracle. one woman even told us, confirmation of a crash wouldal lou some closure. for cbs "sunday morning" i'm seth doan in beijing. >> there are reports from ukraine that dozens of additional military vehicles filled with armed soldiers have arrived in crimea. russia denies the troops are active, but license plates on the trucks indicate that they are. at the end of three day meeting in washington, conservative republicans voted, kentucky senator rand paul was first choice. texas senator ted cruz ran a distant second. with the iowa caucuses a mere two years off, there's a poll showing that hillary clinton is the far and away favorite to run for democrats on the g.o.p. side, wisconsin congressman paul ryan is the front runner. here is today's weather. sunny skies and mild temperatures are in store much of the nation. scattered clouds in the northeast. rain will soak portions of the west coast. it will be mostly sunny in the southeast and southwest in the week ahead. showers for the northwest and chance of snow in parts of the east. but spring is right around the corner. next -- elephants under the gun. and later -- >> this is the entrance. the wow moment. >> this is doug gansler. i'm running for governor - but this campaign is about you more than me. it's about brianna, who will breathe cleaner air because as attorney general i forced polluters to put in place $4.6 billion dollars in pollution controls. for caren, i fought big banks, winning $1.6 billion in mortgage relief for her and thousands of marylanders. for myra and her kids, they're safer because i brought the beltway snipers to justice, and fought child pornography and internet predators. for eric and mickey, i went to court to fight for marriage equality. for hundreds of baltimore kids, i started an inner city lacrosse league. and when a judge blamed an 11 year old girl for being sexually abused by saying "it takes two to tango," i took that judge on. i don't put up with things like that, it's not who i am. i take on tough fights and get things done for the people of maryland. phone: your account is already paid in full. oh, well in that case, back to vacation mode. ♪boots and pants and boots and pants♪ ♪and boots and pants and boots and pants♪ ♪and boots and pants... voice-enabled bill pay. just a tap away on the geico app. ♪ huh, 15 minutes could save you 15% or more on car insurance. yup, everybody knows that. well, did you know that some owls aren't that wise. don't forget about i'm having brunch with meagan tomorrow. who? seriously, you met her like three times. who? geico. it's also about the going home. and being connected all along the way. whether you're working or recharging, do business travel on your terms. acela. take off. >> night stalkers, two cowardly to show themselves by day by threatening the survival of the african elephant. the caution, may be difficult to watch. it comes to us from the cbs news contributor since joined the group conservation international. >> as cloudless day yields to moon lit night in the savannah in northern kenya, armed with automatic weapons begins their nightly patrol. >> tonight, the team is on edge, says commander john. >> poaching during full moon. >> it's deadly business. six kenyan rangers and three times as many poachers have been killed in gunbattles the last two years. >> they go up to the high ground what they call observation point then sit here all night long and scour the valleys looking for any sign of movement or gunshot. >> night vision goggles helps spot elephants. and see potential human threats. for this night at least it was all quiet for nature's so-called great masterpiece. the african elephant is the largest mammal to walk the earth. majestic creature that shares many noble characteristics with humans. strong family unit, maternal bond, intelligent, longevity and, yes, terrific memory. also like us, they seem to grieve and appear to mourn their dead. a trait which tragically has been on display far too often of late. some 25,000 elephants a year are now being lost to poachers in africa. how bad is it here? >> it's the worst that it's been. in the last three years. steady deterioration and getting worse. >> kenyan born ian craig leads conservation efforts for the trust, innovative partnership of nearly 20 wildlife conserve van sees. in years past the typical pitcher was a solitary local simply trying to feed his family. today though, foreign criminal sand cats with sophisticated weapons. in an episode an estimated 300 elephants were gunned down in cameroon. right inside a national park. who is behind it? >> china is driving this or coming from the far east. 90% of the ivory being picked up in airport or port of entry and exit is with chinese nationals. >> despite banning the harvest and sale of ivory it remains a powerful status symbol incline this and the far east where it's commonly used to make artwork and religious icons. the economic boom has pushed ivory prices through the roof. and rejuvenated the poaching economy in africa. what is the price on his head? >> price on his head is about $2,000 to the gunman. >> several years worth of wages on that elephant. >> on that elephant. people are prepared to risk their lives. >> you hear about these ivory wars but it doesn't seem real until you come across this. and the stinking mass of elephant has been shot by automatic weapons, no chance at all, not just one, but six. one here, one there, further over there. then it comes flooding right at you you can't escape the fact that people are willing to kill something this big just for a tooth. there are some encouraging signs. this past january, china six tons of ivory. in kenya, has enacted tougher anti-poaching laws. this smuggler faces seven years in jail. but the poaching continues and protecting elephants has become an arms race. kenya spent tens of millions of dollars a year on 3,000 member wildlife ranger. tracking dogs detect ivory. digital radio signals now connect rangeers with observation posts throughout the country. and gps collars can catch family groups of elephants in realtime. built underpasses allowing elephants to travel safely. just as important is getting locals invested in wildlife. many areas they don't just lead tours they run the preserves. tours and profits help communities understand that living elephants can be more valuable than dead ones. >> seen better security for themselves. money being generated for tourism. going in to education. so where these benefits are working. >> it takes time, time is not on the elephants' side f. a high of 1.3 million african elephants to the late 1970s poaching reduced populations to critical levels in the 1980s. the numbers are plummeting again. there are only about 500,000 elephants left. if poaching continues unchecked, african elephants could be functionally extinction in our lifetime. this is mountain, a six ton local legend who has been targeted by poach was for his massive tusk. is today it's a kenyan veterinarian armed with a tranquilizer dart who is on the opportunity, stalking, waiting for an open shot. an extraordinary attempt to save the life of just one animal. this magnificent bull elephant had interaction with poachers. in one instance alone he's been shot eight times, he has survived. now conservationists and rangers are doing something dramatic. taking off part of his tusks in the hopes that it will make him less of a target. the operation was over quickly, eventually the noble giant wobbled to his feet and headed back to the bush to hopefully live out his days in peace. but the stress of thousands like him remain, unless the lust for ivory is controlled the elephant may not survive. >> the supply here is finite. this isn't gold or diamonds this is even more precious. this has been grown by an animal. killing that animal to supply that demand. >> a turn for the better just ahead. [ male announcer ] let the rich robust flavor of nescafe clasico stir what's inside of you. ♪ [ engine revving ] [ tires screech ] ♪ >> now a page from our "sunday morning" almanac. march 9, 1985. 29 years ago today. the day champions of pristine american landscape hit the road. that was the day a group in tyler can texas, put up some very first adopt a highway sign. committing its members to cleaning up litter along a two mile stretch of highway at no cost to taxpayers. adopt a highway idea was quickly adopted by other states around the country, though not without controversy. facing opposition for its white supremacists views the ku klux klan had to go to court to win the right to sponsor a stretch of highway in missouri. missouri responded by renaming the highway for civil rights pioneer, rosa parks. over the years, volunteer groups and individuals have every background and persuasion proudly adopted highways coast to coast. adopted highways have worked their way in to the popular culture, too. providing a gag for the shoe comic strip as well as this cartoon from "the new yorker." >> there it is. >> adopt a highway theme even showed up in an episode of "seinfeld." >> i am a proud parent of the expressway. >> that adopt a highway thing. >> i'm part of the solution now. >> ended up taking his pride of ownership. real life volunteers who work along our roadside are serious and dedicated. willing to clean up the messes others leave behind for nothing more than the recognition bestowed by a simple sign. >> coming up -- this looks like a slice of springtime. >> the flowers that bloom in spring. we're almost there. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. play in it. work in it. go wild in it. do everything but wrinkle in it. the perfect fitting no-iron effortless shirt in 4 styles and 31 colors and prints. visit the shirt boutique, only at chico's and chicos.com. ♪ [ male announcer ] give extra. get extra. an intense ache all over. it was hard to do what mattered. my doctor diagnosed it as fibromyalgia... thought to be the result of overactive nerves that cause chronic, widespread pain. lyrica is believed to calm these nerves. i learned lyrica can significantly relieve fibromyalgia pain. for some, as early as the first week of treatment. now, i can do more with the ones i love. lyrica is not for everyone. it may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior. or swelling, trouble breathing, rash, hives, blisters, changes in eyesight including blurry vision, muscle pain with fever, or tired feeling. common side effects are dizziness, sleepiness, weight gain and swelling of hands, legs and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. those who have had a drug or alcohol problem may be more likely to misuse lyrica. with less fibromyalgia pain, i'm feeling better with lyrica. ask your doctor about lyrica today. >> cowan: it's time to spring ahead. if you haven't already move your clocks ahead one hour for daylight receivings time. a head start in philadelphia this past week. as serena all sewell shows us. . >> this is basically the fashion week for flowers. >> yes, flowerk. wee not fashion week it's flower week, absolutely. >> the philadelphia flower show is in full bloom. >> our goal here is to absolutely wow people make them reach for their cameras to come in to the show. >> sam is the director. >> we want them to become part of the artwork. >> this year they're putting culture back in horticulture. this is the entrance. >> yes. >> this is the wow moment. >> ? what you see when you first walk in. >> from the moment you enter, art surrounds you. >> alexander is our inspiration. amazing philadelphia artist known for his mobile work. >> but this is made up of thousands of flowers. ten acres of the pennsylvania convention center have been transformed in to a springtime wonderland. emphasis on wonder. >> so, one of the things you notice right away, that is a pink tree. >> that is a pink tree. >> you can do this. you can pretty much do anything creatively that you think might further your expression. >> correct. >> spray paint your tree. >> absolutely. probably not the best thing to do at your home. >> these exhibits aren't the work of home garrs but the show has its roots in gardens across philadelphia. started in 1829 by the pennsylvania horticulture society, the philadelphia flower show is the oldest in the world. today it attracts thousands and earns about a million dollars. the show also holds a national competition. >> this year the show designers are paired up with museums from all over the country. we're not recreating paintings, we're looking at the artist's work then transforming and creating an inspired garden. >> and compete in number of categories. >> this is the olympics of horticulture. it's the top of the country, competing against the best, when you win here you're a national ar competition, judges are separated from visitors and noise is kept to a minimum. >> we're not allowed to disturb gleam absolutely not. >> very quiet business. >> absolutely. >> this is like a slice of springtime. >> during a break we managed to talk with katie moss-warner who has judged for more than 15 years. she told us how it's done at this exhibit based on the paintings of a pennsylvania art dynasty. >> this area was so important for the family, it was this natural terrain. they even put the sounds of the spring birds. >> yes, isn't that great? >> it smells like we're on a little woodland -- what do you think judges have to judge is how many senses do you experience in the garden. do you hear, can you touch, the sight and sound. >> real garden has all the senses. >> in your opinion this is a real masterpiece. >> it is. >> she wasn't alone. judges named the exhibit best in show landscape. designers, judges and visitors alike say they can't help but be wowed by themi comtment, creativity and craftsmanship on display. but in the end it's the bulb and the blooms that makes the philadelphia flower show truly blossom. >> cowan: still to come, art that's so bad it's -- well, it's just bad. but first -- >> i'm going to the sink, all right? there you go. >> cowan: lesley stahl and all that jazz. find all the greats. that's where they're playing now. >> it's "sunday morning" on cbs. here again is lee cowan. >> cowan: he knew all there was to know about all that jazz what he had to say about preservation hall jazz band back in 1970 is still true today. lesley stahl of "60 minutes" has proof. ♪ >> the preservation hall band has been improvising new orleans brass band jazz for over 50 years. ♪ as they tour the world they have become missionaries for the music of the old south. we went to see them at their home base. >> that's an old trombone case. old clarinet case. >> it's not just a sign. everything at the new orleans preservation hall is old. the building was built in 1750 and doesn't look much different today. there's no air conditioning, no stage, audiences sit on hard benches or on the floor. ♪ >> you haven't changed it. i guess it's quite deliberate. ever renovated ever? >> you know, we don't know what we would start or do. don't change something that's already perfect. ♪ >> ben is the leader of the band. it of his jazz loving parents, allan and andre who while in new orleans on their honeymoon in 1961 turned what had been an art gallery in to the american ins by talks known as preservation hall. they even lived in the back. >> this is the -- where they first started living here at the hall. >> what is this? >> my dad, he was a tuba player, i don't know where this started or how it started but sometimes started collecting. >> allan didn't start out as a tuba player or a tuba player collector he had just graduated from the wharton school of finance in philadelphia when he and sandra met they were only in their 20s when they took over the hall. >> my mother was the one who sat with a wicker basket collecting the dollar bills. >> the ticket taker. >> and voucher. >> who did she have to keep out. >> in 1961, could be very scary place. especially for somebody that was celebrating african american culture. >> was it a dangerous thing to do? >> i any it was very dangerous. this was the only place in new orleans where blacks and whites were congregating openly, where there were mixed bands. that's what they referred to, black and white musicians performing to. >> really unusual in the early '60s. >> revolutionary. >> unusual throughout the whole south and illegal in louisiana which passed a law in 1956 outlawing integrated entertainment. allan broke that when he joined the band on tuba. sandra says both had to face the music for that. >> now that i would be at night court. >> tell us about that. >> we don't mix cream with our coffee in this here town. >> we don't mix cream with our coffee. >> in this here town. >> but judge babelon in this here town couldn't stop the jaffe. after the federal civil rights act was passed in 1964 the hall became a popular tourist spot. the band started making records and touring the world. when allen jaffe died in 1987 sandra kept the hall and touring band alive while ben went to oberland college to stud auto music and play in a band. >> one guy was from detroit, from new york, san francisco. we started to play the saints go marching in it was awful. sounded terrible. something immediately clicked inside of me and i realized that something i had grown up with that came so naturally to me. was a mystery to most people. >> like a mosquitoe bite. >> it bit me. i felt a responsibility to come back be a part that have tradition. ♪ >> now he runs the hall and the band and he's the guy on tuba. >> you went in to the family business. >> i went in to the family business, yeah, as lone as there is music in new orleans it will continue to be a family. >> the line up of musicians has changed many times over the last 50-plus years. these men make up current touring and recording band. >> play here in new orleans in 1942 during the war. i was about 11 years old. >> 81-year-old charlie gabriel plays clarinet and sings. >> i'm the last of those from 1942. >> you played at 11 years old? >> that's right. all the other guys was in the war. >> trumpet player inherited his spot. >> this trumpet chair has been in my family for many years. he passed away in 2008. >> there's a lot of that passing down the generations here. take larnell at 37 the youngster. >> my grandmother's older brother, joseph butler was one of the first bass players used to play here. >> piano player just got lucky. >> i came as a substitute when the pianist became ill that was in 1982. i've been here ever since. >> you played with his father? >> yes, i did. >> chip off the old block? >> yes. that's for sure. ♪ >> chip off the old block ben wants to make sure there will always be a next generation of musicians. he's running an after school program at the hall where youngsters are taught by the old masters. do you have to learn this music, new orleans jazz, from someone who played it? >> it's like a family recipe. you have to stand next to your grandmother and actually be a pinch of this and spoonful of that and exactly how it's done. you have to live it and breathe it. >> i have a request, i have some money. i'm going for the big one. that's philip? i'm going for the saints. there you go. ♪ what's important about preservation hall? >> i don't know anywhere elsewhere you can go and you can listen to a clarinet player whose family has been playing music in new orleans for seven generations. that's an incredible thing. that's something that i'm proud to be a part of. that's something i pinch myself that i get to do this. i ghetto play tuba for a living. how abouting is that? that's amazing ♪ ♪ >> cowan: coming up a fond farewell. ♪ [ male announcer ] this man has an accomplished research and analytical group at his disposal. ♪ but even more impressive is how he puts it to work for his clients. ♪ morning. morning. thanks for meeting so early. oh, it's not a big deal at all. come on in. [ male announcer ] it's how edward jones makes sense of investing. ♪ orange juice...tomato sauce... can cause acid erosion. the enamel starts to wear down. and you can't grow your enamel back. my dentist recommended that i use pronamel. because it helps to strengthen the enamel that you have. and i believe it's doing a good job. ♪ >> cowan: it happened this week. the passing of a quintessential triple talent, actor, singer, dancer, sheila mcrae. best known for being last to play ralph cramdon's long suffering wife alice in "the many mooners" she was married 24 years to mr. mcrae from "oklahoma." ♪ >> popular in her own right she guest starred on many a tv shows even appearing as herself in 1955 episode of "i love lucy." >> we're having a fashion show for charity. the wives of the stars are going to model the gowns. >> how nice. >> lo. of the girls dropped out. [ laughter ] >> in february 1964, they performed together on "the ed sullivan show." ♪ >> they shared thel bil that night with another big name act. the beatles. she went on to play small roles in number of movies in later years appeared regularly on the soap "general hospital." commenting on her mother's death, daughter heatherhis. she had a great life, my mom. she was quite a broad. sheila mcray was 92. >> cowan: ahead -- from the very first moment, this guy is something else. >> cowan: the what are the state department and labor unions across america saying about the transcanada keystone xl pipeline? a recent state department report says transporting oil via pipeline results in less greenhouse gas emissions compared to alternatives; and that the pipeline would create thousands of jobs... ...jobs labor unions call a "lifeline to thousands of working men and women." maybe another union said it best: "no more excuses... the time to construct this pipeline, is now." >> cowan: millions around the world have seen bruce lee in action on the screen. but his remarkable career was actually much more brief than some people may realize. here is anthony mason. >> in his film like "the way of the dragon" where he has an epic fight in the roman colosseum with chuck norris bruce lee let his moves do most of the talking. >> a motion picture is motion. i mean, you got to keep the dialogue down to the minimum. >> as he said in a 1971 interview, in a no-holds barred fight you better use every part of your body. >> when you do punch, you got to put your whole hip in to it and snap it. >> one of the most influential marshal artists of the 20th century, lee became the first international asian film hero. a phenomenon who four decades after his sudden death at age 32 remains an icon. >> when i was a kid i grew up in the '60s, if i knew there was going to be an asian character in a tv show or movie i would generally go out of my way not to watch it. >> before bruce lee, says play wright and screen writer david henry huang, american audiences were fed stereotypical asian characters. like charlie chan who was actually played by a white actor. >> no coincidence, that's what i was thinking. now what? >> but in 1966, lee was cast as the high kicking sidekick, kato. in the tv detective series? the green hornet." >> that was huge. whyt every week i can still remember the theme song very well. >> huang, best known for tony award winning play "m butterfly" has wanted to tell the story of lee's life. >> everybody knows him as the star and the martial arts guy, with the yell. but nobody knows how he got there. >> i do not like hollywood. >> last month his new play "kung fu" opened in new york's signature theater. >> what part of bruce lee surprised you the most? >> i began approaching bruce lee with the idea of him being a symbol, almost. i thought, well, he is sort of the symbol of the the rise of the new china. what surprised me was the degree to which he had to struggle. >> born in san francisco, lee grew up in hong kong. the son of a cantonese opera and film star. as a child lee appeared in 20 chinese films. >> his first starring role was in a movie called "the kid." he played alongside his father in that film. but after lee got involved with street gangs in hong kong, his father shipped him off to america where would settle in seattle. >> meeting bruce lee back then was not meeting bruce lee much later. he was just a cute chinese guy. >> linda lee cadwell was linda emery when she met lee at the university of washington. >> he was dynamic from the very first moment i met him, i said this guy is something else. >> they would marry and have two children. lee would teach martial arts classes, his students included actor steve mcqueen and james coburn. >> he ran, he biked, he lifted weights. he did his kund fu. >> in 1971, lee famously described his unique fighting style. which he called gkun do. >> like water. you put water in to a cup it becomes the cup. you put water in to a bottle, it becomes the bottle. in a teapot, it becomes the teapot. water can flow or it can crash. the water, my friend. >> his skills landed lee the role on "the green hornet." kato proved more memorable than the show. the series was cancelled after just one season. hollywood couldn't see lee as a star. >> don't speak english? >> when abc was casting kung fu series about marshal artist monk in the old west -- lee was considered for the lead. but the part went instead to david caradine. >> when he was passed over for the lead role it was devastating. it was -- this is just old hollywood all over again. >> rejected by hollywood, lee returned to hong kong where he was offered the lead in "the big boss." his wife still remembers opening night. >> the film was over and it was perfectly quiet. all of a sudden there was an uproar, cheering, clapping, raising him up on their arms carrying him out of the theater. they loved it. they loved him. >> after his next film, the chinese connection was an even bigger hit. hollywood couldn't ignore lee any more. warner brothers cast him in "enter the dragon" by 1973, he was becoming a global superstar. when suddenly he died of a brain seizure. >> it was devastating. unbelievable. still is. >> tens of thousands would turn out in hong kong to say goodbye to their beloved little dragon. for a time lee's son, brandon, seemed destined to fill his father's shoes as a martial arts star but he died in a freak accident on a film set in 1993. >> my father always said everything he learned about life he learned through the practice of martial arts. >> his daughter, shannon, today heads the bruce lee foundation which honors her father's legacy. >> he walked his own path and did it in such a profound and memorable way that it struck a chord with people of all different backgrounds. >> he made only a handful of films. but with his fists of fury, bruce lee made a lasting impression. play wright, david henry huang. >> why do you think his stature has grown in the last 20 years? >> he's the underdog. he's being oppressed at some point he fights back and he succeeds and triumphs, that is austerer that a lot of people can embrace. >> the key to immortality, bruce lee once said, is first living a life worth remembering. >> cowan: coming up, take a gander at one unusual goose. i was going to the library to do my homework. it took a lot of juggling to keep it all together. for some low-income families, having broadband internet is a faraway dream. so we created internet essentials, america's largest low-cost internet adoption program. having the internet at home means she has to go no further than the kitchen table to do her homework. now, more than one million americans have been connected at home. it makes it so much better to do homework, when you're at home. welcome to what's next. comcastnbcuniversal. >> cowan: fine feathered friends can be more than a figure of speech. steve hartman found a fine feathered follower. >> the most zoos it's the visitors who are excited. here at the l.a. zoo they have an animal. >> here he comes, steve. >> who loves this visitor. >> march yes. when you realize an animal has his own unconditional love for you. >> it's a conundrum dominick first faced four years ago. >> let's go, mario. >> back then march i don't lived in a public park just one of many geese who lived here. but where as the others stuck this their own species, mario had ha different allegiance. >> how was your night? >> they walk around the park together. like they're in love. it's wonderful. >> people would look at us like, what is this? >> never seen a guy walking with a goose? >> it's pretty much a fact. >> it wasn't that he fed the goose, he didn't even coax it. for whatever reason mario just liked him. started following him and eventually even became protective of him. >> be nice, don't bite the dog. >> if you think that's devotion. look what used to happen when dominick tried to leave. he'd take off on that scooter and mario would be right there. right by his side. obviously this was a problem. on most days dominick had no choice but to turn around, go back in to the park and wait for mario to fall asleep. has it changed up in any way? >> i used to think birds were dumb. this has changed all that. >> after our story first aired mario got so famous officials took him out of the park and put him in the zoo for his own protection, that meant he couldn't get back to see his friend which is why his friend now comes here. virtually every morning for the past three years, dominick has stopped by to visit. mario couldn't be happier. what's in all this for dominick? why would a guy devote so much of his retirement to a goose? well, you know how i told you he used to be a salesman. you hear what he used to sell. >> i used to sell rotisseries -- that's my atonement -- >> for telling the row at this time rees. >> that's what i'm thinking i'll see you tomorrow. bye-bye. is that okay? >> i've never held a tony award before. >> just ahead a visit with elaine stritch. >> i love music. inside are specific vitamins and minerals to help support your heart, brain and eyes. centrum silver. for the most amazing parts of you. of nescafe clasico stir what's inside of you. ♪ [ engine revving ] [ tires screech ] ♪ of "looking for a good deal" and "sheesh, i should've looked some more." ♪ that's why walgreens makes it easy to save even more on your medicare part d prescriptions. ♪ just stop on by and leave all the legwork to us. switch to walgreens today where you could save with copays as low as zero dollars on select medicare part d plans. at the corner of happy and healthy. so i get invited to quite a few family gatherings. heck, i saved judith here a fortune with discounts like safe driver, multi-car, paperless. you make a mighty fine missus, m'lady. i'm not saying mark's thrifty. let's just say, i saved him $519, and it certainly didn't go toward that ring. am i right? [ laughs ] [ dance music playing ] so visit progressive.com today. i call this one "the robox." >> mother, you look lovely. >> see you brought the bag that my bastard grandchild will come in. >> merry christmas, mrs. donohue. >> is she drunk? when you're pregnant one bottle of wine a day, that's it. >> it's sundae american on cbs. here again is lee cowan. >> cowan: that's elaine stritch in "30 rock" turns out that is pretty much her style in real life as i quickly found out when i was invited to stop by for a chat. >> oh, my, god, look at that. she's 89 years old. >> do you feel 89? >> no! i'm sorry you asked. >> cowan: to sit down with broadway legend elaine stritch like being treated to a one-woman show where nothing is off limits and it's quickly clear who is in charge. >> you are -- let me finish. you are one good looking fella, i'll tell you the truth. >> cowan: years ago we could have been a thing, you and me? >> oh, my, god, yes! are you crazy? >> cowan: coming from the mouthy blonde who took broadway by storm. ♪ for an astounding 70 years, elaine stritch captivated audiences from "sail away" to "bus stop" and edward alby's "a delicate balance." >> i apologize that my nature is such to bring out in you the full force of your brutality. >> stritch was poignant, funny, most of all, just down right brassy. >> i'm loaded with talent. >> cowan: you're not shy about saying that? >> no. i'm loaded. i love music. i love a rhythm. i love all that stuff. and i loved musical comedy. i thought -- ♪ >> cowan: that throaty, unmistakable voice became synonymous with steven sondheim especially rendition of the ladies who lunch. immortalized in documentary of the same name. >> that's one hell of a good fake, i want to you come in and listen to it. >> i never held a tony award before. >> cowan: she's won countless awards including the tony and three emmys, most recent for nbc's "30 rock." >> you and women, disaster, divorce, broken engagements. i assume her piece. >> playedal bleak baldwin's firecracker of a mort. >> all i want is for you to be happy? >> when did you ever care about happiness. >> don't talk to me like that. i breast fed you for nine years. >> time, however, is intruding in to her life in not so delicate man are. yet in true elaine stritch trial she's decided to make aging a performance. >> you look good. your hair looks good for a change. >> she agreed to let film maker document her life off stage in project fittingly called "elaine stritch: shoot me." >> an an miami to aging in a way. she makes a statement like, this is who we are. this is what happens in your life and need to accept it at every stage. >> cameras followed her everywhere. as stritch was preparing for one of her final shows at the famed cafe carlisle in new york. ♪ >> it's really an open invitation, that i think takes incredible amount of courage to expose yourself that way. and typical of elaine, balls. >> all out. >> it's as unfiltered as you might imagine. >> i did virginia wolf on broadway for the first time in my life i had an orgasm. >> did you really have an orgasm on stage your first one while you were on stage? >> would you make that up? whoo! >> you really did? >> damn right i did. >> i'm happy! i'm happy i'm singing these songs. >> she is scoldingly frank, the film is also poignant m. times heartbreaking. as it documents stritch's slow decline. diabetes taking its toll for one. >> oh, my, god, let me have some orange juice right away. >> her failing memory left her with inability to remember lyrics. and that seems to frustrate her most of all. >> ♪ momma's got to go -- momma's got to -- momma's letting go ♪ i don't think i've had a happy, happy life, i don't think i have. >> you don't? all the success, all the -- >> success doesn't mean a damn thing. >> not the first time stritch has put the bumpy parts of her life up in lights. >> it's like the prostitute once said, it's not the work, it's the stares. >> in 20002 her show elaine stritch at liberty took new york by storm. it was confessional of sorts just her and a stool, opening up about life, love and her infamous battle with alcohol. >> you're scared, you drink, you're not scared. what is the problem? >> you didn't go on stage without having a drink. >> no, i think drinking is part of performing. >> you were confident you had the talent -- >> frightened to death. i had to be entertaining. i had to be enter taping the folks. i had to. >> a lot of pleasure. oh, is it ever. ♪ >> she says she took her first drink at just 13. at her home in detroit. she was raised devout catholic, convent girl who hat 17 headed for new york. intent on making it as someone else on stage. >> i loved the escape of being another human being. >> like pretending. >> what a word. yes. >> because why? >> because i didn't like where i was. >> her acting school classmates, however, seemed to like her just fine. everyone from marlon brando to kirk douglas. >> he fell in love with me. he'll tell you that today. and he's still alive. to tell you. >> want to talk about your date with marlon brando? >> no. i've talked about it too much. nothing happened. >> he wanted something to happen. >> i don't know. i didn't know anything about that. >> you were a good virginal catholic. >> i didn't know how to make love. i knew how it meant to fall in love. >> her one and only husband was actor john ben. but when he died of cancer at just 5 stritch again escaped in to a bottle. she eventually stopped drinking. but in explaining that decision to our own charles osgood in 1996 less about her health more about her career. >> i have a very good reason for stopping drinking, i think, i wanted to find out if i had any talent au natural. i wanted to find out if i could really act. if i really could interpret a song. ♪ >> sheem rained sober for more than 20 years. but recently decided that she could handle one drink a night. usually a cosmo. but her haunting insecurities remain, even now. at that new york premiere of new documentary she was welcomed with open arms. >> elaine stritch! >> but it wasn't until that film ended she got the standing ovation that she truly felt she delivered. >> and seeing the audience and watching you watching me. this is just too much. i'm telling you. for this life long performer, it's still all about the audience. >> what is it like when everybody starts applauding? >> it's -- a necessity. got to happen. or else it's not worth it. >> stritch decided to leave new york last year for good. and return home to detroit where she's closer to family who all take very good care of her. >> think this is one of your last times back in new york? >> oh, no. i'm not that old. ♪ >> still, she's candid about the fact that her final curtain call is probably not all that far off. but in the time she has left elaine stritch says she wants to do something she spent her long career avoiding. being herself. >> like trying to discover yourself off stage? >> yes! that's it. >> what are you trying to discover? >> what real happiness is. >> cowan: next -- >> very nice. >> cowan: but is it art? [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it in your heart. [ basketball bouncing ] heart healthy. [ m'm... ] great taste. [ tapping ] sounds good. campbell's healthy request. m'm! m'm! good.® afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >> cowan: art, like this, isn't just bad. might call it in palatable. obviously there isn't a museum on earth that would touch works like these. or is there? here is bill geist. >> why fly to paris there is a fine copy here at the museum of bad art. it's in the basement fittingly of the somerville, massachusetts, movie theater. >> we are the world's leading authority on bad art. only museum that collects exhibits, celebrates bad art. >> louise is permanent acting interim director. >> oh, boy, something else. >> this is the other room. sister is banished to the corner and is still teasing kitty. this is man in a puffy disco hat. >> is he crying or somebody spill coffee? >> there were neon lights in it. think of tribute to "we are the world." the child there is not as attractive as you might hope. instead of being a bathtub with the original they put him in a coconut made him miniature. >> the man in the coconut shell. >> i've seen worst at contemporary art museum. >> lady with big pants. and she also has big feet. >> since there are no bad art institutes how did louise a former radio host learn bad art appreciation? >> it's like pornography it's hard to define but i know it when i see it. one of those things you look at it and go -- wait, what? bad art is first of all art. that's really important that it's sincere and original and something went wrong in way that's interesting. >> so, what is not bad art? >> we're not about can i have. no black velvet no dogs playing poker. not interesting in anything that is boring. >> where does it come from? >> we rescue from the public waste system. yard sales, flea markets, donated from all over the world. >> what is here? >> curator michael frank talked to donor adam lawson. >> certainly vexing enough. >> i am excited that you liked it. my wife just told me i had to get rid of it. >> that's cool. the fact that it's a collage. >> few works meet the museum's low standards. >> people sometimes send us pieces that were deliberately made to be bad, you can see right through that. it's fake bad art and it shows. >> scandalous. museum has three exhibits in the boston area including all animal display at the new england wildlife center. bruno is popular. here is one you may even recognize. no? >> we just finished an exhibit in taiwan going to send it to another city in taiwan in the summer. >> a lot of bad art in this world. >> there is. >> art warehouse? they have enough bad art to mount dozens of exhibits. >> that's very nice. >> this is mr. money bags. >> that's stunning. >> he's compelling. >> this is in her boudoir. the painting was made with the content of her make up case. this is lucy in the field with flowers. don't know if she's sitting or standing and the wind seems to be blowing in two directions. >> this be considered a master work of bad art? >> absolutely. founding piece. this is what started it all. >> found where? >> in the trash. >> this is breakable. >> exactly. anything over a million dollars. >> with such precious masterpieces security is of course a concern. >> eileen that got a lot of attention when it was stolen. ten years went by. we got a call from someone who was looking for a ransom for the piece. >> the ransom wasn't paid. but the thief returned eileen anyway. as an artist ever sued for defamation? >> most artists are happy to find that their work is in our museum. the reason is, because artists are trying to communicate something. and we are exhibiting and celebrating the works. >> celebrating? >> celebrating an artist's right to fail. >> it does look like he's crying. >> that points to a bright future here at the museum of bad art. especially if you're thinking of moving an old 401(k) to a fidelity ira. it gives you a wide range of investment options... and the free help you need to make sure your investments fit your goals -- and what you're really investing for. tap into the full power of your fidelity green line. call today and we'll make it easy to move that old 401(k) to a fidelity rollover ira. ♪ it's written on my face ♪ we're singin', we're singin' ♪ i found a happy place ♪ a rather happy place ♪ i'm singin', i'm singin' ♪ ooh-ooh-ooh-ooh-ooh ♪ i found a happy place [ female announcer ] with ingredients like roasted hazelnuts, skim milk, and cocoa, there's a whole lot of happy in every jar of nutella. adspre the happy. play in it. work in it. go wild in it. do everything but wrinkle in it. the perfect fitting no-iron effortless shirt in 4 styles and 31 colors and prints. visit the shirt boutique, only at chico's and chicos.com. i've been claritin clear for 6 amazdays. at the first sign of my allergies, my doctor recommended taking one claritin every day of my allergy season for continuous relief. 21 days of relief from itchy, watery eyes. 28 days of continuous relief from sneezing and runny nose, since i've been taking claritin every day of my allergy season. get the #1 doctor recommended non-drowsy allergy brand. live claritin clear. every day. stock up with claritin bonus packs for spring! available at walmart for a low price, every day. >> cowan: here is a look at the week ahead on our "sunday morning" calendar. monday court hearing in toronto for justin bieber accused of hitting a limo driver several times in the back of the head in december. on tuesday, the toll vision academy in ducts its newest hall of fame members. actress julia louise dreyfess, producer terry kelly, jay leno, executive rupert murdoch and late audio pioneer ray dolden. wednesday is the next court date for cure 'tis reev,s charged with second degree murder of chad olson during an argument over texting. the 25th anniversary of the original proposal to create what we now know as the worldwide web. friday 3-14 is pie day honoring the greek letter that represents the ratio, the circle, circumference to the diameter which is approximately 3.14. and saturday is the 50th anniversary of liz both taylor's marriage to richard burton, their first marriage, that is. and now to washington where charlie rose is filling in for bob schieffer this morning on "face the nation." morning, charlie. >> on "face the nation" former secretary of date jim bakker, form vice president dick cheney, general jim jones and congressman paul ryan. >> cowan: full line up. thanks, we'll be watching. next week here on "sunday morning." >> you could live anywhere in the world. why do you stay in miami? >> all my friends are in miami. >> rita braver talks with enrique e grace just. >> and bob simon -- cted in first steamy movie. >> sex. >> with catherine. with colgate® optic white toothpaste. unlike the leading whitening toothpaste colgate® optic white goes beyond surface stains to deeply whiten teeth. it whitens over three shades. that's more than the leading express whitening strip. so the only accessory you need to look fabulous is your smile. colgate® optic white whitens more than the leading express whitening strips. and try the new collection for whiter teeth in one day! abreva can heal a cold sore in as few as 2 1/2 days when used at the first sign. without it, the virus spreads from cell to cell. unlike other treatments, abreva penetrates deep to block the virus, to protect healthy cells so cold sores heal fast. as fast as 2 1/2 days when used at the first sign. ♪ learn more at abreva.com. don't tough it out. knock it out! fast. [ female announcer ] only with abreva. knock it out! fast. ♪ make every day, her day with a full menu of appetizers and entrées crafted with care and designed to delight. fancy feast. love served daily. >> cowan: we leave you this sunday morning in york county, pennsylvania. where cardinals and woodpeckers are trying to jumpstart spring. >> cowan: charles osgood will be back here next sunday morning. for now, i'm lee cowan. thanks for joining us. have a good rest of your weekend. captioning made possible by johnsonptioned by media access group at wgbh access.wgbh.org is that what i think it is? i've never seen anything like it. it's a miracle. it's not a miracle, it's an eggs benedict sandwich. but how'd you get the eggs benedict into the sandwich? i went to dunkin'. i'm still not sure how they got the eggs benedict in the sandwich. doesn't matter. they did. introducing dunkin's delicious new eggs benedict breakfast sandwich. it's ham and eggs topped with the flavor of creamy, buttery, lemony hollandaise. try one today. america runs on dunkin'. hurry into dunkin' for a freshly brewed cup of america's favorite coffee. from cbs news in washington, "face the nation" >> rose: today on "face the nation." breaking news this morning as the search for missing malaysian air plight 370 continues. and russia's rim on crimea tightens. recovery efforts off the coast of vietnam and malaysia continue after the airliner carrying 239 people including three americans vanishes. we'll have the latest on that story
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captioning made possible by johnson & johnson, where quality products for the american family have been a tradition for generations >> osgood: good morning, i'm charles ross good this is "sunday morning." tonight is oscar night. we'll be looking ahead to the academy awards all morning long. if oscars are the pinnacle of tinsel town, the sting of criticism as proven staying power. new meaning to the song lyric, you must remember this. peggy smith will be reporting our cover story. >> ask any actor or critic not all criticism is helpful. >> i love having a good editor go over my copy. >> that's constructive criticism. >> what is destructive. >> you stink. >> that's the kind that stays with you. >> critics said i had a voice it could kill small animals. >> ahead on "sunday morning" why the unpleasant is so unforgettable. >> hollywood's true transformer isn't a robot from the action film. to the contrary real live human being with power to transform anything do what the script requires. >> do you know what happened to him? >> i can't remember. >> matthew mungle spend his days among the dead
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captioning made possible by johnson & johnson, where quality products for the american family have been a tradition for generations >> osgood: good morning, i'm charles osgood this is "sunday morning." 46 years ago tomorrow millions of americans heard a stunning televised announcement of president lyndon baines johnson, lbj, entangled that he was not running for another term the 1968 presidential election. how did ballots against his controversial war is a debate that has raged ever since. as the story goes, another familiar tv star is playing him on stage. david martin has reserved us a seat. >> what the hell is the point of being president if you can't do what is right. >> the president is lyndon baines johnson as played by brian cranston. >> you see him as heroic figure? >> he went against the norm in a time in the early '60s when he just as easily could have just let it be the status quo. >> ahead on sundae morning, the try you have and tragedy of an merge president. >> osgood: the phrase "writing on the wall e. comes from the book of daniel and refers to proxy. unless it's referred
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johnson & johnson, where quality products for the american family have been a tradition for generations >> osgood: good morning, april charles osgood this is "sunday morning." as you can see we're getting a head start on spring. which begins not a moment too soon on thursday. spring is a time for new beginning. this is certainly what the families of veterans returning from combat are hoping for. what happens when some of those homecomings turn sour and kids become casualties of war. martha teichner's cover story. then on the store radio of three american hikers strayed across the border in to iran. coming their inside story to tracy smith. >> they walked free after two years in a tehran prison. some still want to know how the iran hikers got there in the first place. >> you must have heard comments from people saying, come on, you were naive, you were stupid. to make this mistake. >> what i would say to people that criticize me for going to the middle east in the first place that something terrible could have happened to me in my own back yard. >> their inside story ahead this sunday morning. >> catherine da knew is a legend on the screen. known for her talent and beauty talk about it with bob simon of "60 minutes." >> catherine! >> she has been acting for 57 years. in her early days she was known as the ice maiden, elegant, distant, reserved. but then things changed. >> what was it like for you when you acted in your first really steamy movie? >> a steamy movie? >> would be -- sex. >> later on "sunday morning," on love, life and beauty. enrique is a fans around the world. cross over star with hits in both english and spanish. he speaks for the record with rita braver. >> on stage enrique is relaxed and carefree. ♪ but his heart he says is a warrior. >> what do you worry about. >> i micro manage. i worry about every single detail. but i worry because i care. >> cares enough to make music that sold more than 100 million albums. as you'll see ahead on "sunday morning." >> osgood: tomorrow is st. patrick's day and sons and daughter of ireland are stepping out. you can count margaret brennan among them. >> riverdance burst on to the world stage 20 years agou an irish step dancing has never been the same. >> it has opened doors. it has created an openness. and response to the irish which didn't exist before that. >> irish dancing steps out. >> ahead on "sunday morning." >> osgood: mo rocca marks the anniversary of the word "okay." steve hartman watch a young wrestler win one for his father. and forgetful people everywhere. here are the headlines for this "sunday morning" the 16th of march 2014. voting is underway in referendum to determine the future of crimea. a vote on see session of ukraine. liz both palmer is in crimea. >> turn out appeared to be heavy in the first hours of voting. the majority of crimea's population is russians speaking with strong links to russia so they are like to vote to have the chrome lynn take over here. what -- >> people believe they think that they would go with russia. >> the polls opened on time and there were plenty of ballots and the voting certainly orderly. but is this a free and fair election? anything but. the new prime minister seized power three weeks ago in what amounts to a coup backed by thousand of russian soldiers who blockaded the ukrainian army. the military harassed and arrested activists, journalists and leaders. thousands of do see this referendum as a farce and they're staying home. but many more who put up with the corrupt and cynical ukrainian leadership for two decades belief that russian rule can't be any worse and may turn out to be a lock step. for "sunday morning" this is elizabeth palmer in crimea. >> osgood: investigators looking in to the disappearance that have malaysia airline boeing 777 are now passengers and crew aboard the plane. said the flight was deliberately diverted after ground contact was severed. authorities are examining a flight simulator at the home of the plane's pilot. 25 countries are now involved in the search for the jetliner. comedian david benary known for his guest appearances on "the tonight show" during the 1970s has died of cancer. he was 78. a look back at his career on our "sunday morning" website. with spring around the corner it's time for selection sunday. march madness officially gets underway tonight here on cbs. now today's weather a powerful storm will bring heavy rain and gusty winds to the southeast and snow to the mid atlantic states. the southwest will enjoy temperatures in to the 80s. and as work week begins light snow may fall in the northeast, sunny and milder in the heartland. ahead -- >> what is it like to be held as the most beautiful woman in the world? >> well, i don't hear that -- >> osgood: legendary catherine da knew. but first -- >> i start blaming it on america's military. >> i start blaming it on america's military. >> children of war.,,,,,,,,,,,, save you fifteen percent or more on car insurance.ould yep, everybody knows that. well, did you know the ancient pyramids were actually a mistake? uh-oh. geico. fifteen minutes could save you fifteen percent or more on car insurance. but that grand slam looks so good. girl: mom, with 18 options to choose from, there's over 300 combos under 550 calories. man: kid's a genius. girl: dad, it says it right here on the menu. man: oh. woman: hey, welcome to denny's. >> osgood: not all of our cosh waltz of war serve overseas in combat. some are children who never left our shores. collateral damage some might call that. our cover story from martha teichner. >> how many of these homecomings have you seen on television since we went to war in iraq and eaves more than a decade ago. [ cheering] >> how many children looking in to returning soldier's eyes. for the parent who went away. these are supposed to be happy endings. happily ever after moments. but often they are anything but. >> before his deployments he was always kind of the fun parent. >> 15-year-old abigail barton lives in newburgh, indiana. her father is a veteran of the iraq war. >> i figured he'd come home just like he used to taking us to the park, getting ice cream, all that stuff it just immediately changed. it was meetly gone. >> i'm scared to go out of the house half the time. >> what do you mean? >> crowds make me nervous. i'm always still looking for snipers. >> erin barton was a specialist in the army national guard. his two deployments in iraq in 2005 and again in 2007 left him with injuries to his brain and spine. and piece traumatic stress disorder. he's able to work as a butcher for a local supermarket. as long as he works alone. >> i just get to a point where rage just takes over and i can't control that. it's like doctor hyde and jeckle thing. it scares me almost as bad as them. >> what do you tell your children when something happens? >> i usually say, leave me alone. i would never intentionally harm them for any reason. you're my life. >> the stories of veterans' lives up ended by ptsd are all too familiar to us. the struggles of their children practically unknown. >> i would get so angry, i would just think, this is what iraq did to my father. i'd start blaming it on america's military, you know. i would be like, you guys stole my father. and -- yeah, i developed depression over the time and a lot of anxiety. >> did your school understand? >> no. all of my -- i guess depression and anxiety help has come from other places. i mean through our family doctor. >> abigail barton iceboater, alexs 18 and uncomfortable speaking on camera. a year ago he attempted suicide. and spent four days on life support. what's it been like for alex? >> devastating. to see the changes in his dad and to be so helpless. >> wendy barton is alex and abigail's perth. >> i don't think that america is intentionally negligenting these kids by any means. but i any that they need to wake up. because this is a real problem and it is certainly not just my children that are suffering. >> it's estimated that as many as five million kids have had a parent or sibling serve in iraq or afghanistan since 9/11. >> the vast majority of kids and families even with a lot of deployments and a lot of moves, about 70% or more depending on the issue that you look at are doing fine. >> but says professor of social work at the university of southern california, the other 30% up to a million and a half kids are not doing fine. he studied 30,000 high school students in eight california school districts. particularly troubling, aster found one out of four military kid is likely to consider suicide, significantly more than nonmilitary kids. what exactly does the veterans administration do for the children -- and siblings of people who have come back from the war? >> not much. not much. >> the v.a. spent almost $500 million on ptsd treatment for veterans of the iraq and afghanistan wars last year. but their family members the v.a. spokeswoman informed us by e-mail, may receive counseling if determined to be essential to the effective treatment and readjustment of the veteran. in other words, veteran's kids who have psychological issues are largely on their own if they get help at all. do you walk out the door and put on an act, the normal act? >> every day. it's like putting on a shirt now. it's incredibly easy. just walk outside, put on a smile. >> my mom would ask me not to talk about the things that were happening with my father. in fact if my mom mention the world "vietnam" it's with a whisper. >> soldier's kids can be collateral damage in our nation's wars all their lives. >> very suicidal. very depressed, very angry, anxiety-rid den. >> crystal was 30 years old before she dared to do what terrified her most. she asked her father, a vietnam veteran with ptsd to talk to her about the war. >> why do you think he a at that point said yes. >> i know now it was because he felt there was also a hole in his soul. and that he never really knew his daughter. >> ♪ i was a young man, i was sent to a far off country ♪ to fight a war i still don't understand ♪ >> delmer returned to virginia shattered by the killing he witnessed and participated in in vietnam. and by the hatred he encountered when he got home. >> ♪ our baby killer as i walk down the street ♪ >> when he couldn't control himself, he would lock himself in his room and play ha his guitar. or just face the wall. >> the rage would get out and maybe harm somebody or something like that. >> while my dad was hiding away in his room, i would lock myself away in my room. i would also vacillate between depression and rage just like my father. >> it was like she, too, had ptsd by her own admission it was eating her alive within she picked up the phone for that first of 30 calls. >> he said, i don't want to talk about the war. i don't know anything about a war. >> what was your response? >> we hung up the phone. >> then what? >> and slowly but surely over the next few weeks he started opening up to me. >> do you think those conversations helped you? >> oh, yeah. it helped me. some time when you have -- i feel like calling and talking to her. that helped. >> after a lifetime of telling no one, crystal pressly, dared to go public. in a blog that to her astonishment went viral and eventually a book. >> i spent my life wondering why my father didn't like me, have never been able to see an answer until i read your story. >> she's received e-mails like these, she says from, thousands of veterans and children of veterans as far as back as world war ii. >> i think part of me still feels that the relief of crystal, you're not alone. and the other part of me feels so sad because i wasn't alone. >> but counting small victories, crystal presley no longer considered herself a victim of her father's war. but a survivor. >> i understand now that talking can be a matter of life and death. sharing your story can be a matter of life and death. >> what's the very best thing for you that came out of all those telephone conversations with crystal? for you? >> for me, just knowing that i hope she knows i love her. >> and always have? >> yeah, always have, yeah. >> osgood: next -- margarine. spreading. you turned up the fun. tylenol® provides strong pain relief while being gentle on your stomach. but for everything we do, we know you do so much more. tylenol®. play in it. work in it. go wild in it. do everything but wrinkle in it. the perfect fitting no-iron effortless shirt in 4 styles and 31 colors and prints. visit the shirt boutique, only at chico's and chicos.com. just take a closer look. it works how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement. and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review. ♪ >> osgood: now a page from our sunday morning almanac. march 16, 1950. 64 years ago today. >> ♪ it's not just margarine. >> osgood: a milestone on the road to table spread parity. that was a day president hari truman sign add bill ending the federal tax on margarine. at wented by a french scientist in 1869 margarine was an all too cheap alternative to butter. the american dairy industry went all out to stop it. in 1886, congress impose add two cent per pound tax on margarine. later raised it to a dime. one point just 26 of the states he'll loud the seal of margarine colored with the yellow dye that september it from looking like lard. however, butter racking during ward war ii got many people used to eating margarine and lobbying led to repeal of the federal tax. >> i wonder if you realize -- next turned to television to make their case. >> gold most people never dreamed of eating margarine. times have changed. nowadays -- >> with former first lady, eleanor roosevelt leading the charge. >> that's what i've spread on my toast. i thoroughly enjoy it. >> osgood: states dropped their restrictions, the dairy state of wisconsin only lifting its total ban in 1967. >> everybody in wisconsin is a criminal. >> shamed by the news making across the border toe illinois in search for black market margarine. >> well, i'm going to use it to make some cookies and some other things. >> you're a criminal then. >> yes. >> osgood: butter and margarine have been battling it out ever since. >> even better than the original. >> osgood: butter sales remaining the lead. which one you prefer comes down to taste, personal judgment and competing health plans and those in the business. question just which side your bread is buttered or margarine on. ♪ step lively. irish dancing, ahead. latte or au lait? cozy or cool? "meow" or "woof"? exactly the way you want it ... until boom, it's bedtime! your mattress is a battleground of thwarted desire. enter the all-new sleep number classic series. designed to let couples sleep together in individualized comfort. starting at just $699.99 for a queen mattress. he's the softy. his sleep number setting is 35. you're the rock, at 60. and snoring? sleep number's even got an adjustment for that. find your sleep number setting only at a sleep number store. know better sleep with sleep number. ♪ >> osgood: these students at connecticut's school of irish dance are stepping out with anticipation of st. patrick's day. we discovered we have a step dancer here at our cbs family. her name is margaret gren than. starts with a show stopping moment of irish dance. >> riverdance burst on to the stage 20 years ago at the euro vision song contest. >> it was live toll vision. no margin for error he'll loud. >> he composed the music for riverdance. >> then suddenly you look around and they were on their feet. everybody. >> so began a revolution. irish dancing stepped out. on to the world stage. >> it has opened doors. >> in asia. around the world. >> i saw television recently in beijing dancing to riverdance. >> here in the states, there's been an explosion of interest in irish dance. for the distinctly american flavor. in dallas last weekend 40 young hopefuls filled the halls with big hair and sparkles and flats as they gathered for an eye rush dance competition or feis. >> i got a first and second. now i'm prize winner. that's kind of what i wanted. >> feels like you landed on another planet, in a way you have. it's a world of feisanna and ceili dance of jigs and hornpipes and reels. a world i know something about. i began irish dance lessons in kindergarten and danced all through high school competing my way up from begin tore champion status. 99% want to start they love it. and they dance for years and years. and for us -- >> my teacher was iris grey. her school of irish dance is going stronger than ever in connecticut. >> they get to do the dance similar to ballet. they do the -- like the rhythm and the sound. >> what does a really good dancer look like? >> a really good dancer will make whatever they dance look easy. >> smile. >> always have beautiful turned out feet and nice extension in their leg and high pointed toe. >> while many of the techniques have not changed, the style certainly has. the costumes are flashier, some would say gallaudetier, also lighter. girls don't go to bed in curlers any more they wear wigs. sometimes very bigwigs. >> literally we held pennies in our hands not to move our arms. it was about precision. and even just in the presentation of costume was very much classic. >> you brought little girls like me out of the closet. and opened the doors to non--irish dancers. like samantha. >> what made you start? >> i saw a group of performers at my dance school and i just ran home to my mom i told her i wanted to dance with my arms straight. >> but the joys of mastering the techniques and stresses of competition haven't changed at all. >> first time i danced i was very confused. my dad had to explain it to me. >> exactly. >> that every time you compete. >> that's a lesson very hard to learn. >> and a useful one as iris grey told parents for 37 years now. >> you can just see the growth in the children and the confidence because they're dancing in front of a judge. in front of a room full of people. we all have a bit of competition in us. as long as you don't let it take over. it's good. >> kelsey pierce and 15-year-old kala will compete in the world championship. >> we cross train many days, many hours at the studio. >> how many hours? >> about three to four every day. long hours of dance but it all pays off in the end. >> dancing is like my life. >> 16-year-old owen is the only boy at iris grey school. >> you dance in a kilt or pants. >> pants. definitely pants. >> is it fun? >> it's a lot of fun. my family, my dance family here. >> every year around st. patrick's day dancers go out in to the community to perform. not for trophies and medals but to celebrate. and inspire others to tap their toes. >> the impulse of irish music once you here a jig or really fast reel that it does stir your blood. >> which is what inspired irish dancing centuries ago in towns and villages when people gathered in their kitchens to move their feet and dance to an irish jig. ♪ >> i can't stop saying okay. >> osgood: okay? what's in a word? is coming up. later, a visit with enrique iglesias. ,,,,,,,,,,,, >> osgood: okay. an uncommon history. offered by mo rocca. okay, mo. >> word up. next sunday, march 23, is the 175th anniversary of the the invention of a word that english professor allen metcalf is the most successful export. >> the word that is widely recognized throughout the world. no other american word has succeeded like that. >> if you don't know what that word is, it's okay. seriously, it's okay, the order "okay" for metcalf the world's okay expert is the versatility. what part of speech is it? >> it's an adjective. you say, this is okay. but it's also a noun, i gave this my okay. >> i love that. >> it's also a verb, i okayed it. it's also an adverb, she did it, okay. >> he drives okay. >> yes. also an interject. okay. >> where did this word come from? for years it's origin was a linguistic mystery. one theory, it came from the greek phrase orla kola, all good. then the word oket which sounds like and means okay. president woodrow wilson reportedly thought it was the correct spelling of the order and would okay documents with okay. finally, the most famous okay origin story was reinforced in the 2012 academy award winning movie "silver linings play book." >> you know the term okay comes from? >> no, no i don't. >> well, mark van buren the president of the united states is from kinderhook new york he was part of the men's club called old kinderhook, if you were cool you were in the club, they say that guy is ok. >> really? >> not really. so not okay. the real story of okay is, hilarious. an abbreviation craze was sweeping boston. charles green, editor of "the post" came up from abbreviation, okay, which he meant was "all correct" if you didn't know how to spell "all correct." okay, it was funny in 1839. now while president van buren wasn't the origin of okay the man known as old kinderhook did have a hand. >> you had to feel bad because okay was kind of martin van buren's only claim to fame. >> yes. i think if you go to kinderhook also have nounsments that that was the origin of okay. >> they're not okay with your origin story. >> that's right. >> it's okay if they want to do it. >> the earliest appearance in dictionary that we could find was in 1864 edition of the slang dictionary of vulgar words. but today does okay hold its own against that other common utterance "like." in the battle of like versus okay, who comes out on top? >> like is so -- all it does is just give a little bit of an affirmation, okay has much broader range. >> and like is also when you don't know what else to say you throw a "like" in. okay is used around the globe. moat calf says the word, born in america, expresses an american philosophy. >> never say anything is okay if it's not satisfactory. >> okay. and this okay is expressing skepticism right now. that is like it equals mediocrity. >> allows for mediocrity. because americans figure out how to get things done rather than waiting. >> okay. by which i mean i accept what you're saying. funny that a word so common appears in only one famous quotation. "i'm okay you're okay." okay. never a star attraction. but always in a supporting role. >> okay. it's distinctive. it's simple. americans don't like complicated philosophies or ways of life. and okay is about as short and simple as you can get. >> pencil next sunday in as "okay day." >> osgood: just ahead. >> a written article in which you were quoted as saying, beauty has always been a burden for me. >> osgood: catherine deneuve on the burdens of beauty. charge of their type 2 diabetes domig with non-insulin victoza. for a while, i took a pill to lower my blood sugar, but it didn't get me to my goal. so i asked my doctor about victoza. he said victoza works differently than pills, and comes in a pen. and the needle is thin. victoza is an injectable prescription medicine that may improve blood sugar in adults with type 2 diabetes when used with diet and exercise. it is not recommended as the first medication to treat diabetes and should not be used in people with type 1 diabetes or diabetic ketoacidosis. victoza has not been studied with mealtime insulin. victoza is not insulin. do not take victoza if you have a personal or family history of medullary thyroid cancer, multiple endocrine neoplasia syndrome type 2, or if you are allergic to victoza or any of its ingredients. symptoms of a serious allergic reaction may include swelling of face, lips, tongue or throat fainting or dizziness, very rapid heartbeat, problems breathing or swallowing, severe rash or itching. tell your doctor if you get a lump or swelling in your neck. serious side efcts may happen in people who take victoza including inflammation of the pancreas (pancreatitis) which may be fatal. stop taking victoza and call your doctor right away if you have signs of pancreatitis, such as severe pain that will not go away in your abdomen or from your abdomen to your back, th or without vomiting. tell your doctor about all the medicines you take and if you have any medical conditions. taking victoza with a sulfonylurea or insulin may cause low blood sugar. the most common side effects are nausea, diarrhea, and headache. some side effects can lead to dehydration, which may cause kidney problems. if your pill isn't giving you the control you need, ask your doctor about non-insulin victoza. it's covered by most health plans. >> osgood: catherine deneuve is a star. bob simon of "60 minutes" chats with an indus might legend. >> catherine! >> catherine deneuve is 70 years old has been on the screen 57 years and has made more than 100 films. in her early years she became known as the ice maiden, she was elegant, distant, reserved. then she skipped with apparent delight in films packed with passion, which often with some pretty kinky sex. her personal life was always interesting but never scandalous rarely scandalous. and she had them with some of the most brilliant directors and actors of her time. her message was clear, if you want me, you've got to deserve me. if you do, welcome to paradise. what is it like to be held as the most beautiful woman in the world? >> well, i don't hear that -- sometimes people say, you know you've been quoted to be -- i don't know, not something i live with, you know. just some something i said was a nice compliment. >> it's more than a nice compliment. it's nice to be told your beautiful, but the most beautiful woman in the world. >> a lot of good looking women have been called like that, as far as i can remember. >> oh, no. >> oh, yes. i'm sure i read it -- >> name a few? >> name a few. >> you see? not always easy being the most beautiful woman in the world but catherine deneuve has toughed it out. read an article which you were quoted as saying, beauty has always been a burden for me. i told several women at our office this morning that, they said, give me a break. >> yes, they're right. i didn't say that. i said that it can be a burden because it's an expectation. it can become a burdensome times but really be a burden, no. i never say it was only a burden. certainly not. >> she changed her name from dorleac to deneuve. and world renowned lady's man roger vadim. she was born and speeding towards -- ♪ >> i remember reading you saying that it was your favorite film. >> i suppose it is. >> did your life really change after that movie? >> oh, yes. got the prize at the cannes festival and travel all around the world. i went to a lot of countries with the film. >> in 1965, deneuve and photographer david belle were married. during those years deneuve flourished taking both risky and risque roles. she starred in a horror flick. directed by roman polanski. at 22, she was in theaters around the world. two years later she appeared as elegant affluent woman who does tricks in the afternoon. [ speaking french] >> what was it like for you when you acted in your first really steamy movie. >> what would be a steamy movie? >> a steamy movie would be -- h, sex. she's a very sophisticated person. i don't think she's doing things that contrast with what -- >> new kind of role for you. >> yeah. i think that was part of the attraction to the script. >> the attraction transcended her beauty. it was something distinctly inevitably french about catherine deneuve. >> french is known for cuisine, wine and women. what is it about french women? >> i don't know what to say. i read that french women are able to do the life they want and eat what they want and still stay not putting on weight. >> you're not mentioning anything to do with the certain kind of flirtatiousness. >> no. i wouldn't think of that. i didn't think that have. >> in 1971 she appeared for the first time with italian artist marcello mastroianni who would become her lover and father of her daughter. they never married and the affair lasted for years, but trying to get already to talk about it is like squeezing water from a stone. marcello mastroianni has always been a very, very big deal in this country, since dolce vita. >> incredible film. >> indeed. what can you tell us about him? >> not much. i mean not much i would like to say. very shy actor, very mods person with a great sense of humor. >> the ringing king of cinema francois truffaut was also her lover, said to have broken down when she left him. but ten years later directed deneuve in the critically acclaimed film. da knew one the french oscar. >> in a way, i think so. >> yes. i think it is very sort of quite happy person. more difficult to put it in words than to want -- desire to put it in images and tell a story. most of the directors i've known mostly tormented person, yes. >> she played unmarried plantation owner who raises a vietnamese orphan in china. she was again awarded a cesar and side her first and only oscar nomination. >> would you like a shot at another oscar or does it not mean anything to you? >> i wouldn't say it doesn't mean anything to me. there's no chance it can happen, it's very rare that a french speaking actress in a film for the oscar. i know it has happened, but very rare. >> just have to do more english language films. >> i'd like to. >> latest film "on my way" is in french. she plays a former beauty queen who lose ties with her estranged grandson. she still dreams about hollywood but will never be able to act with the actor she likes best. >> i would have liked to work with cary grant. >> cary grant. a great actor. he was a real summit of what acting can be for a man. >> looking at her today you can understand why it is people really want to know about her and neither her talent nor her love life. >> both women and men insisted i ask you that, what is the secret to aging well aside from starting out beautiful? >> i think different for men and women. i think for men it has a lot to do with fulfillment of what they do in their lives, their social lives, their work. i think for a woman it's more private. it has more to do with personal fulfillment with life, love and children and work also, but not as the first thing. >> do you find aging difficult? >> i think, difficult the energy which is a problem. >> you are still going. very strong. >> very strong. >> you are turning out movies. the only reason i mention that is that french people, as you know, have this reputation about being passionate about retiring. >> depends on what you are doing in life. as an actor and ii test you don't retire, not a decision. >> you were blessed then, weren't you? >> quite. >> osgood: coming up, the >> quite. >> osgood: coming up, the american hikers i,,,,,, ♪ ♪ ♪ ♪ ♪ get your taste of the season, at raley's, bel air, and nob hill. >> osgood: it was nearly five years ago that we first heard news that three young american hikers had been imprisoned by iran. accused of spying. this morning long since freed share the inside story with our tracy smith. >> for three friends hiking in the zagros mountains of iraq. this is what their final moments looked like. taken by the hikers that morning were recovered after being erased from their camera by iranian police. >> i remembered what incredible time we were having, how much we enjoyed being together. but i also look at myself and those pictures i think, i'll never be that person again. >> sarah shourd, shane pour and joshua fattal were walking up a ridge when armed soldiers appeared and waved them over. >> when we actual lie got to them they pointed at the ground said that we were in iran. we had absolutely no idea that we were anywhere near iran. there were very few moments in your life where everything changes forever. and that was one of those moments. >> with all the lovely places in the world that you guys could go for a hike why choose that one? >> well, we were living in the region. >> they seemed to get that question a lot. they're now inescapably known as the iran hikers. >> in retrospect i wish we hadn't hiked so far. >> that's in hindsight. i don't know that day you didn't think you were doing anything wrong. >> we didn't think we were taking a risk. we thought we were taking a hike. >> it would be the start of a 26-month ordeal. in july 2009, shourd and pour were working in damascus, syria. when their friend josh fattal flu flew in for a visit though decided to take a run up to the hills of iraqi kurdistan and the ahmed awa waterfalls complete with hiking and picnic. it was a stone's throw away from the iran-iraq border but they say they had absolutely no intention of crossing it. it was a perfect day and the trail beckoned were there any markings saying that there was a border? >> no. there are no markings. >> a fence? >> no, no, nothing. >> no sign. >> no. >> did anyone say to you, you're dangerously close to the border? >> no. dove knitly not. >> shourd, bauer and fattal were taken in to custody and driven to tehran where they were locked up on charges of espionage. except for the phone call or letter they were cut off from the world. >> when we got to the jail cell, i looked at me says, josh, how are you doing? i want to have kids one day. and as the hard part -- i realize that if i were america i'm not sure i would have cared about the american hikers. >> you don't think so? >> what the hell were they doing there? i would have said, there are tens of thousands of people who are in prison around the world unjustly and why should i care about these three? >> in fact their families and friends had already begun a campaign to free them. but progress was maddeningly slow. there was the occasional bright spot. in the spring of 2010 their mothers were allowed to visit and pour even managed to sneak in to shourd's for a few stolen moments of intimacy. >> i got to ask you, under those conditions, the last thing on my mind would be having sex. i think. to be quite blunt. >> it's true. when you're in those conditions you realize what's really important to you, that becomes very clear. >> on top of that, what keeps you alive in -- as a prisoner everything in your life is controlled. you have to get permission to go to the bathroomment you don't know if you're going to get a shower. you wait for food to come. and we learned many ways to break the rules. in breaking the rules and resisting our conditions was what helped us stay sane and feel like we would never be broken. >> still, after more than a year in solitary confinement, sarah shourd was depressed, hallucinating and near the breaking point. >> i remember being balled up in the corner of my cell with my hands over my head and i heard this screaming and i thought it was from another prisoner in another cell. it wouldn't stop, all i could think is, could they please just stop. and then my cell door busted open and guards started shaking me that it was me, that hide been screaming that showed me the wall, there were streaks of blood on the wall i'd been beating at the walls until my knuckles were bloody. >> free at last. sarah shourd was freed in september 2010. what the iranian said were, humanitarian reasons. and half million dollars in bail reportedly paid by the sultan of oman she wasted no time trying to free her friends. >> my disagreement in not sharing this with shane and josh was crushing. i stand before you today only one-third free. >> the two men were tried and found guilty of espionage and sentenced to eight more years. but after some diplomatic maneuvering and a payment of a million dollars in bail money, again, reportedly from oman bauer and fattal also walked free. >> tonight two, americans held by iran go free. >> do you remember what was going through your head? >> i have no understand what was going through my head. i don't think there was any thoughts in my head. it was pure feeling at that moment. >> feeling of -- just joy and relief. i was just swimming in it. >> reunited once again, sarah shourd and shane daughter made it official, they were married a due months later and along with josh fattal, wrote a book about their ordeal. today they have both found work thattal louse tomorrow talk about prisoners' rights in the u.s. and around the world. josh is no a doctoral candidate at new york university. but there is more to his story. in prison he got a few letters from a junior high girlfriend, jenny, allowed himself toe hope that he would one daisy her again. >> i had welcome home party she was there. it was immediately fantastic to see her. it was exactly the jenny i envisioned. >> the jenny that you dreamed of sitting in prison. >> yeah. >> they are together now and living in new york city. >> what is the best part about being home? >> that part of being home in the background, i can hear that part. >> his name is isaiah, he's seven months old and reminder of how good life on the outside can be. the baby's middle name is azad the farsi word for "free." >> >> osgood: still to come, steve hartman. >> might not be here next year if i knew that this was the year to do it. >> osgood: on the good fight. and enrique iglesias. ,,,,,,,,,,,, >> devote son will go a long way to show his love for his father. steve mart man has the story for you. >> after 50-year-old steve mckee was diagnosed with an incurable form of can see last year his older son mitch took it upon himself toe try to make the disease disappear. >> thank you. >> if only for a moment. >> flush it all the way and have him forget about it for that moment. have everybody forget about it for that moment, just be happy. >> it was a plan only a 15-year-old boy could hatch. knowing how proud dads can be when their sons do well in sports, mitcha wrestler, decided he would try to win a minnesota state high school wrestling championship. for his dad. even though mitch was only a freshman at that time. >> he might not be here next year i knew that this was the year to do it. >> this ambitious undertaking began in the weight room. all summer, mitch got up every morning at 6:00 a.m. to lift. and he practiced, even when there wasn't practice, he practiced. as a result, mitch won his first match of the season. and his second. in fact the kid won so many matches he not only qualified for the state tournament, he made the to the finals. and this was it. all he needed to do was win this one last match he'd be the state champion in his weight class. all he needed to do was pin this one last opponent and that that for a moment would disappear. [ crowd noise] after the match even the losing wrestler did a winning thing. he congratulated mitch's dad. told him to stay strong. while mitch on the other hand, had far fewer words. he held his dad. just held him. >> for him to do it for me, it was very emotional. all the emotions you can ever have are right there. >> did you forget you were sick? >> was i? >> life was actually perfect at that moment. i just wanted him to stay right there forever. >> mitch mckee, dove knitly did right by his dad. he had one thing all wrong. he thought he needed a huge victory to make his dad feel better. when all he really needed was the love behind it. >> that was joyful. [ male announcer ] this man has an accomplished research and analytical group at his disposal. ♪ but even more impressive is how he puts it to work for his clients. ♪ morning. morning. thanks for meeting so early. oh, it's not a big deal at all. come on in. [ male announcer ] it's how edward jones makes sense of investing. ♪ are made with a few simple ingredients, for a sun-ripened deliciousness that makes every day simply...extraordinary. ♪ with a name like smucker's, it has to be good. ♪ >> osgood: "hero" was a very big hit from owing. 1 years later he's still coming out with hit songs that sell by the millions. he talks now with rita braver for the record. >> san toe domingo, capital of the dominican republic has seen plenty of invasion since the spanish first arrived in 14896. but nothing quite like the arrival of enrique iglesias. and his merry friends who came to make a music video. besides iglesias it's one of his long time miami writing partners descemer bueno. and a cuban duo known as gente de zona all making a hard day and night's work look like fun. >> not only a video, when you write songs, on stage, all about the vibe. people, if you're not vibing and not feeling good people notice that. >> to tell you the truth they were vibing so well i kind of felt like i was at a fraternity party. what should we be watching for when this scene unfolds? >> i think he has a great butt. i think like me personally -- >> that high spirit and energy has made enrique iglesias a hugely popular international star. a grammy winner more than a hundred million albums sold. and a list of billboard top hits. ♪ featuring everything from dance music to haunting ballads. you could live anywhere in the world y. do you stay in miami? >> my friends are in miami. i love this town. i love the people. i don't see myself at least far now living anywhere else. >> but enrique iglesias was born in spain in 1975. he is of course the son of another well-known musical star, juelio iglesias. after their parents divorced enrekay, then age 7 and older brother came to live with their father. with julio on the road, enrye kay turned to music. >> at 13, 14 which is a tough age for a kid going through a lot of changes i realize song writing for me helped me, it was like therapy. >> but he kept his writing a secret from both his parents. and while still a teenager borrowed $2500 from his baby-sitter to make a demo recording. is it true that you so much didn't want to trade on the family name that you went by a different game when you put out your first demo record? >> i did. i actually had a few different names, one being martinez. >> after several rejections, he finally learned that a mexican record company wanted to sign him. >> i just remember picking up "billboard" magazine, i didn't know what record company was. looking at the charts, this record company exits it's legit, i'll sign with them. i'll sing in any language, whatever i got to do. just please sign me up. >> he was 20 when his first album sung all in spanish was released under his real name. selling more than a million copies in just three months. >> do you think in the long run having the name made a difference? >> at times it was positive, at times it was negative. does it gather the attention of the media, yes, it does. but it can also at times discredit you. >> some people could be waiting for you to fall on your face. >> or think he's just doing it because his father is a musiciana singer. >> that's never been what drove you. >> that was never at all what drove me. >> and enrique dismisses the stories that he and his father are estranged. >> i love him. i respect him dearly. but we don't see each other that much. he necessary that if i -- if he ever needed me i'd be first one there and vice versa. >> in 1999, enrique released "bailamos." ♪ though it has a spanish title, meaning "we dance." it was his first song aimed at the english speaking market. and it went to number one on the billboard top 100. >> there are songs in your career that i consider miracle songs for me that's one of them. took me in a different direction. >> in fact he's become one of the most successful cross-over artists. with a string of hit albums. >> this is where it all happens? >> this is where it all happens. this is the biggest studio in i -- i think in north america. >> he is kidding, of course. but this small studio in a nondescript miami house where he has recorded for many years holds a lot of memories for iglesias. do you start with words usually or the music? >> depends. some songs lyrics. some songs melodies. sometimes -- good ones for me a lot of times are -- >> that's the mix on his latest album out this week. songs both in english. ♪ and spanish. ♪ the new album bears the provocative title of "sex and love." why is sex first? >> that's a good question. that's a question that i asked my girlfriend actually, which one do you think goes better in which order? >> that girlfriend just happens to be former tennis pro anna kournikova. they met when she was cast in one of iglesias' music videos. >> she was gist the coolest girl in the world. >> you've been dating the for more than a decade now, right? >> yeah. in hollywood years that's about 185 years. >> but you're still not married. >> i'm still not married, no. >> as an old grandmother, may i ask what is taking so long? >> now you are sounding like my grandma, actually. you look like my mom. >> thanks. >> like my sister i should say. to me marriage, i'm not against marriage, not at all. but when you've been with someone for such a long time i don't think it's going to bring us nucleaser together. i do not think it's going to make it any happenner. >> right now, at age 38 enrique iglesias is pretty darn happy doing what he always dreamed of doing. >> i don't take it for granted. i they that one day i could be on the top, next day on the bottom i'm lucky not to -- fortunate enough to love what i do. and i wouldn't change it for anything in the world. >> michelle and vice president president -- >> osgood: coming up. >> owed occasion and the -- >> osgood: thanks for the memories. ♪ (female announcer) your kitchen table. it's more than a piece of furniture. it's life's centerpiece. where families sit to eat. where homework gets done. where decisions get made. with a 97% customer satisfaction rating, we'd like to earn a place where it matters most. physicians mutual. insurance for all of us. [ female announcer ] now your best accessory can be your smile. with colgate® optic white toothpaste. unlike the leading whitening toothpaste colgate® optic white goes beyond surface stains to deeply whiten teeth. it whitens over three shades. that's more than the leading express whitening strip. so the only accessory you need to look fabulous is your smile. colgate® optic white whitens more than the leading express whitening strips. and try the new collection for whiter teeth in one day! accomplishing even little things can become major victories. i'm phil mickelson, pro golfer. when i was diagnosed with psoriatic arthritis, my rheumatologist prescribed enbrel for my pain and stiffness, and to help stop joint damage. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. you should not start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure, or if you have symptoms such as persistent fever, bruising, bleeding, or paleness. since enbrel helped relieve my joint pain, it's the little things that mean the most. ask your rheumatologist if enbrel is right for you. [ doctor ] enbrel, the number one biologic medicine prescribed by rheumatologists. >> osgood: one of the minuses of aging in to a plus, is the task has assigned herself this morning. >> i'm sure you remember the recent study that reveals that elderly brains slow down because older folks know so much. you kind of remember it? no? don't feel old, feel knowledgeable. scientists have discovered that as we age our brains act like computers, with fuller and fuller hard drives. so when we're trying to recall a word or a fact or a name, it takes us longer, because to put it scientifically, our brains hold a lot of stuff. whipper snappers simply don't know as much so they're roomy brains find information with more, um -- what's the word? elacoty. you're not forgetting your sifting. this should be of comfort to anyone entering middle age or living in middle age or who are middle age adjacent. it might explain why, during this year's oscar, john travolta introduced actor idina menzel as adele dazeem. >> the one and only adele dazeem. >> maybe it was a problem with his eyesight or with the teleprompter. but john travolta is getting older despite what his hair is trying to tell us. he's an a-lister with worked with lots of big names his 60-year-old brain had to rummage through gabe kaplan and olivia newton jonathan uma thurman to get to adele dazeem. this full brain theory also sheds new light on politicians, for example, maybe rick perry who seems poised to run again in 2016, knows a lot more than we thought. >> three agencies of government when i get there that are gone. commerce, education and the -- what's the third one there, let's see. >> barack obama, too, his mental mainframe seems pretty stuffed. >> michelle and vice president president -- the -- joe biden's wife, dr. jill biden. >> embrace those senior moments. start thinking of them as seniority moments. you wouldn't want to take your hard-earned hard drive to some genius to have it right to make your brain faster, would you? think of losing the name of your first grade teacher or your favorite line of poetry or any of those '70s movies quotes. >> the force will be with you, always. >> look, i'm no scientists but extrapolate say it's obvious that the more you struggle toe recall something, the smarter you are. try to remember how brilliant you are the next time you can't find your glasses. at life. especially now that i live with a higher risk of stroke due to afib, a type of irregular heartbeat not caused by a heart valve problem. i was taking warfarin but wondered, could i focus on something better? my doctor told me about eliquis for three important reasons. one, in a clinical trial eliquis was proven to reduce the risk of stroke better than warfarin. two, eliquis had less major bleeding than warfarin. and three, unlike warfarin there's no routine blood testing. [ male announcer ] don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious, and in rare cases, fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis you may bruise more easily and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dental procedures. those three important reasons are why i'm shooting for something better. eliquis. [ male announcer ] ask your doctor today if eliquis is right for you. play in it. work in it. go wild in it. do everything but wrinkle in it. the perfect fitting no-iron effortless shirt in 4 styles and 31 colors and prints. visit the shirt boutique, only at chico's and chicos.com. c.e.o. here is a look at the week ahead on our sundae american calendar. monday is st. patrick's day. a little more controversial than usual in new york where mayor is boycotting the city's parade because it won't allow gay pride banners. on tuesday, president obama presents the medal of honor to 24 combat veterans of world war ii, korea and vietnam. they were determined to be eligible for the award following a legal lehman dated review. wednesday sees presentation of the 2014 lincoln leadership prize to steven spielberg, director of the 2012 movie "lincoln." on thursday, the jackets worn by beatles george harrison and ringo starr will be be up for auction in liverpool. friday, is the 8th anniversary of the very first tweet sent by twitter cofounder jack dorsey. on saturday is batter up downnd under as australia hosts first major league baseball game. opening day match up between the los angeles dodgers and the arizona diamondbacks. don't forget that spring arrives in only four more days to warm our hearts as usual in many different ways. this winter's lion will depart and in will come a lamb. are you happy about that? i know that i sure am. amazing! i've been claritin clear for 6 days. at the first sign of my allergies, my doctor recommended taking one claritin every day of my allergy season for continuous relief. 21 days! 28 days of continuous relief live claritin clear. every day. if it doesn't work fast... you're on to the next thing. neutrogena® rapid wrinkle repair has the fastest retinol formula to visibly reduce fine lines and wrinkles in just one week. neutrogena®. >> osgood: now we go to bob schieffer in a look at what's ahead on "face the nation." good morning, bob. >> schieffer: where in the world is malaysian flight 370? we'll focus on that and we'll have the latest from the ukraine this morning on "face the nation." >> osgood: thank you, bob schieffer. we'll be watching. next week here on "sunday morning." >> it is not charity. it's human investment. >> osgood: made it to the cover. ♪ ♪ [ male announcer ] give extra. get extra. to help people clean better, and that he travels the world inventing amazing new cleaners, like his newest invention, liquid muscle, that lifts and cleans tough grease with less scrubbing. it's a liquid gel, so it's less watery and cleans more. and its cap stops by itself so almost nothing's wasted. ♪ no matter where he went or who he helped, people couldn't thank him enough. new mr. clean liquid muscle. when it comes to clean, there's only one mr. >> osgood: we leave you this sunday morning in northern california with salmon swimming upstream to spawn. a sure sign of spring. >> osgood: i'm charles osgood. please join us again next "sunday morning." until then i'll see you on the radio. captioning made possible by johnsonn a tradition for generations captioned by media access group at wgbh access.wgbh.org ,,,, ♪ ♪ ♪ ♪ ♪ get your taste of the season, at raley's, bel air, and nob hill. ♪ music jamie: we all want food that's healthy, gorgeous, and super quick; so, i'm going to show you a whole new way to cook. amazing meals that you can do in just 15 minutes. time saving tricks and multitasking to the max, family friendly recipes that mom, dad, and the kids can cook up super quick. we're talking big flavors fast, and these are great meals without the guilt, balanced, tasty, and good for you.
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you have companies like intel microsoft johnson & johnson, exxon mobile jp moregan. they remain attractive on an absolute basis. relative to other things for example treasuries in some part of the fixed income market some areas of real estate like london houses, u.s. stocks the big quality companies are easily the most attractive thing to me. sometimes when it gets this easy you wonder what could be wrong with it. good news is there's numbers. >> you saw today fitch ratings lifteded its negative outlook on the u.s. economy. we've had some good reports on the u.s. economy this week. that is one of the reasons that you feel better about investing here rather than in nonu.s. holdings? >> absolutely, susie. you and i spoke earlier today about the interesting juxtaposition of the u.s. having its improved fitch outlook and russia being downgraded. these are simply facts. facts are stubborn things. the u.s. looks pretty good. we're probably getting right now this week a few indicators that the spring could be surprises to the up side with the economy. and one of the reasons
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i like johnson & johnson. i've liked it for years. the company as at 16 times earnings. they for the last ten years have increased earnings at a compounded rate of 10%. with a 2.9% dividend, i think that this is a great solid holding with an aaa balance sheet. the united states doesn't have one. >> that's a very good point. abbott labs is also -- >> a sad point. >> very true, michael. abbott labs. >> abbott labs is a diversified, again health care company. so two in health care and health care is doing well. 40% exposure to emerging markets. they've got a neat nutritional business. it's a little more expensive. about 18 times next year's earnings. again not cheap. 2.2% dividend. i think we could see earnings growth here of about 10%. you add the dividend i've got a 12% return. i think again from a very strong company with diagnostics and devices, too. >> and my favorite company name to pronounce is slumberge. >> how do you do it so well? you can laugh in french now, you know. 16 times earnings -- i'll stop. i think that earnings here have been underpriced. they're really
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. >>> and arkansas court tosses out a $1.2 billion ruling against johnson & johnson. the lawsuit accused the drugmaker of improperly marketing its anti-psychotic drug risperdol and concealing its risks. the judge overturned the ruling saying the law didn't apply to pharmaceutical companies. shares were up a fraction to 94.12. symantec the maker of the norton anti-virus software fired its ceo. a board member was appointed interim president and ceo. this is the second time the company has fired its top executive in less than two years. shares initially fell after hours, the stock ended the regular session up more than 1.5% to $20.91. and shares of walter energy fell sharply after the company announced it would sell a sizeable amount of debt. it was also down along with other coal stocks on a downgrade from bank of america merrill lynch. the firm lowered its price targets and earnings estimates on many coal sector players, saying falling marginal costs will depress prices. down to 27.07. >>> despite the downgrade, demand for coal which still accounts for 40% of our domes
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for me it was to become a single political and economic forty in his position was echoed by the johnson johnson a stunning up to the us was also one of the arguments he's now the strains of being shocked that some regions experiencing the downside of preschool he needs it. let's take a look at the whole heads of separatism and fled across the block in recent months as we study the art on the region's of sardinia i've been a co op desperate to break away from ryan in belgium the separatists put into ponders his own thing initiate the uk has its own problems for the scottish independence referendum the main base hit. i'm finding down in spain on the long running independence movement and kept landing on the cross country a stronger than half the beef at the people. let's hear from the staccato so again on what he thinks the idea of a united europe has lost its appeal for many. everyone knew it was three when the european union study beyond into europe as a whole. historical moment and the achievement of those teams that have changed for me. something went wrong the discrepancies between countries
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the murders of alan and dianne johnson, investigators identified bruno santos as the prime suspect in the crime. since santos was 19 and sarah johnson was 16, the johnsonsepeatedly warned santos not to see their daughter again, but santos refused. >> to try to rule bruno in or out, we tested almost every piece of clothing that he was wearing that day and the following day when we arrested him. >> we never found his dna, fingerprints or anything in the crime scene and any of alan or diane's blood or dna on any of his clothing. >> so, bruno santos was eliminated as a suspect. with no other possibilities, authorities then began to focus on the johnsons' daughter, sarah. >> no more what? >> kids. >> no more kids? >> no more! >> they learned that sarah was taking antidepressants and had a stormy relationship with her mother. sarah's relatives thought she was being a normal teenager pushing against authority, until they noticed her unusual behavior after the murders. >> she did not seem to be going through any sort of grief at all. she was not concerned at all about losing her mom and dad. she wanted to see her friends, she wanted to get her nails done. i mea
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the wildcats in white here trailed by 4 when gordon finds johnson. johnsonith a game high 22 points. and aaron gordon gets down and dirty. watch him spin, shoot, score. gordon gets arizona 68-66 lead. we go to the final 45 seconds tied at 68. bruins jordan adams hits. that's your game winner. a three pointer. ucla wins 75-71. they are the pac 12 conference champions. both teams headed for the ncaa to know a.. >> and reggie mckinney is spending money trying to swing a deal for matt schaub or jets mark sanchez. mike vick and josh freeman are also on reggie's radar. today they agreed to bring back young. he was announced as special teams player for them, and made two and a half sacks before suffering a season ending neck injury. raiders also officially resigned running back darren mcfadden to a one year deal. and the wide receiver's going nowhere expect back to new england. edelmam has a history of injuries. lalast year he made 105 -- last year he made 105 catches, and the patriots added former carolina of arer brandon lafell. and kyle bush set the new [ male a
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we've seen companies like johnson & johnson moved well and thoroughly to take controversial chemicals like formaldehyde. is a 180 day analysis of replacement substances. it's going to be a year or two before anything makes it standard. thank you. it is 26 past the hour. that means bloomberg is on the markets. alix steel is standing by. >> where stocks are trading. we did see the dow slipped into negative territory. down 15 points. the s&p also negative and the nasdaq flat. all this on the heels of thursday's record decline. the biggest decline that we have seen in five weeks. traders are watching the s&p. a long way until we get there with the issues in china and ukraine. we are keeping our eyes on liberty media and sirius xm radio that the virgin media dropping its bid for full control of the satellite radio company and reselling rights to a unit that will be called liberty broadband. we are back on the markets in 30 minutes. bottom line continues, next erie . ♪ welcome back to this second half-hour of bottom line on bloomberg television. i'm mark crumpton. let's check the top storie
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johnson and johnson. we have a lot of stock pickers who have always loved them but because of the yields. >> that's right. we're watching johnson and johnson today. the stock is moving to the upside but we're seeing it three quarters of 1% to a new high as they accepted a bid for their blood testing unit. the diagnostics businesses they find it attractive and have been working on spending the slow growth businesses. it's about a 4 billion-dollar deal. it will close midyear and after they got the ok from the trade unions and relevant work councils they went forward. they're working on saving $1 billion in costs by sitting out the operations. >> listen, activist investors get companies nervous. sometimes that's good. it makes them streamline. thanks, nicole. >> closing bell ringing in 49 minutes. patents and who owns them? it can be the difference between monumental profit and catastrophic failure, particularly technology companies butfuls and financial. this involves two names, many people have never even heard of but you can bet the googles and samsungs of the word are watching closely. who has what at stake and what it means f
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johnson. -- stanley johnson. very long three for johnson here on the way to a 25 point game. johnson has the distinction of playing on a state championship team. the monday association win. the dragons have to settle for northern california champs while the monday association are overall best in the state. >> in the girls, jack rabbits up 13 at the half. ma rye a more gets the hoop plus the foul. then it was three, this time moor is on the assist with mac fair getting the assist. it was
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johnson and johnson or the always treasured bristol meyers. i like gilliad or what else? don't speculate in your retirement fund. too much risk. if you're going to play around with small dollar amount, do that with your discretionary money. if there's something that's making a comeback. i'm talking about rite aid, sprint, or about to leave, that's where you put them. remember, your retirement comes first. so before you start playing around with your discretionary portfolio, make sure that you're contributing enough money to your 401(k) plan and your ira. ideally, you want to have both the 401(k) and an ira because the contribution limits for an ira, $5500 a year or $6500 a year are just too low. if you're allowed to pick stocks in your 401(k) and your 401(k) and ira should have the exact same holdings because they're both pieces of your retirement fund. while you should be more conservative, you're allowed to have more overlap. you can own it for both portfolios, you should never have more than 20% holdings in a single sector. that's diversification and it is all important no matter what. >>> above we get to lightning round, we have got to talk about tomorrow night's show. i'm making my way to seattle. getting you behind the scenes at starbuck's annual meeting. sitting down with howard schultz. i'm talking with nordstroms. companies pushing their industries into new territory. it's all about innovation. tune in tomorrow for invest in america brewing innovation. and now it is time for the lightning round. bye, bye, bye, bye. and that -- wow. there we go. are you ready to start with the lightning round. i'm going to start with mason in delaware. >> caller: how's it going, jim. >> real good. how about you. >> caller: pretty good. i have a question about the buy you company organ ova. you think their liver drug testing -- >> we liked it a few months ago. you got a good one. max in puerto rico. >> caller: how are you doing. >> what's happening? >> caller: i just wanted to appreciate everything you do for our little gamers. what do you think about spj? >> i think st. jude med is so good. it is not a fanfare stock. it delivers. the company came on, told a great story, goes higher. in virginia, ben. >> caller: jim, booya from the commonwealth. >> nice. i'm from pennsylvania. what's going on? >> caller: i'm looking to -- i don't know if i should get in or stay out of dofi. >> c'mon man, i think we're not going to go speculating in the bank. frank, in my home state of pennsylvania. >> caller: how about phone to phone? >> i like phone to phone. it's a good one. let's go to paul in texas. paul. >> caller: booya, cramer. >> booya back. >> caller: what can you tell me about express estr. >> i want the company to come back on the show and explain how they can miss poorly because they are good. i'm not kidding. i don't understand it. they're just not this bad. c'mon back. let's go to chris in new york abc booya, dr. cramer. >> i always loved being a doctor. i was always afraid of taking that organic chemistry class. what's up? >> caller: what do you think about u net mmi. >> i'm not going to say no and i'm not going to say yes. let's go to ryan in illinois. >> caller: the nasdaq fell this morning and up between a 9% gain. can you comment on their approval panel for next thursday. >> this is which one? >> caller: exact sciences. >> we liked it. and it then tanked and doubled down and leaked it again. it's moving up too hot. this is you take half off a head of when the company goes in front of the fda. let's go to jared in texas. >> caller: how are you doing, jim? >> real good. how about you? >> caller: just trying to make it. >> me, too. >> caller: i have a question on prime america, pri. >> this is one of those stocks that goes higher and higher because it's incredibly run with well management. wish they would come on the show. terrific story. perry in illinois. >> caller: jim, thanks for taking my call. how is your week going? >> pretty good. how about you? >> caller: it's going pretty well. i got a question on serious xm with liberty media pulling their offer last week. i was wondering what you thought of that? >> you know what, i'm happy to own serious stocks. last quarter was okay and i want to stick with it. the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade. coming up, march madness can have more to do with your money than you know. find out how the tournament could impact the stocks you pick for your portfolio. >>> this morning i had a chance to talk with john gasway. i wanted to know the biggest mistakes people make for filling in brackets. answer, one word, emotion. whether be rooting for your alma matter or hometown team. it's the easiest way you lose. i have been rooting for villanova for years. pencilling in harvard before i realized my emotions were ruling me and i would be a fool to do so. which brings me to the market, specially to plug power, fuel cell. these fuel cell stocks that keep having hundreds of millions of shares traded. i actually ventured to say critical words on air about them. no sooner, they come after me whatever they had. these are their stocks. how dare i criticize them? didn't i realize how much money was being made in these names? did i really think i knew them? don't hurt them, cramer, they're mine. these powerplays are all 16 seeded teams. they have made it into one of the four brackets. but 16 seed teams don't beat number one teams. i followed this for years. watching then lose money year after year. sure fuel cells are closer to some application. just like every 16 seed has time. what bugs me is people can't see how promoting these stocks is no different from picking harvard simply because i went to school this and the team had a good season. you have to be rational to pick stocks just like in march madness. you need to be careful. there's way too much sizzle and not enough steak. congratulate yourself that you road for hundreds of percentage points. move on. kaching. to judge it is a mistake or is it all just about the emotion of it? this is a tough one actually. i didn't like it until it reported that remark a year ago. i heard about both myself and tesla. you have caught a gigantic move since then. it's possible that as gold man sacks said perhaps the ceo is further doubling or there about awaits. i don't like betting on one man's position. which is why i never discouraged anyone to take a position in tesla. tesla is a fourth or fifth seed wild card. that's a lot of things that have to go right. that is nova in 1985. i want you to know the difference between rooting for a difference on a bet. when in doubt, think like you would when you're filling out your brackets. you would never pick 16 seed teams unless you can't reign in your emotions. i say save your cheerleading for your home team. i'm just trying to be the stock equivalent of the espn expert gasway. john, in new york. >> caller: booya, jim. how are you doing? >> i'm real good. how about you partner. >> caller: not bad. what do you think about rite aid? >> i think they are good. they have done a real house cleaning and made their stores look better. i like rite aid. ask i go to joe in missouri. joe. >> caller: my questions is about see mens. back in january they decided to delist sometime in may in order to save money and they said only 5% of the shares traded were done by u.s. citizens and most of it was people in germany or other parts of the world. how is that going to affect my investment? >> not at all. i think you have got a real winner there. stay with it. don't worry about new york or germany. it's a winner. janet in washington. >> caller: hey, jim, you looked so cute last week on that oil rig with your hard hat? >> you liked that really. >> caller: i like to get in on a solar company. what do you think of solar city? >> i think like the other companies represent a tremendous call on a very smart guy who may have something. i have never discouraged anyone from trading or speculating solar city. i just want people to know it's not investing. investing in bracketology may have something in common. there's a big difference between emotional rooting for a team or a cinderella story and a rationale plan. don't smoot the messenger. "mad money" is back after the break. >>> just last week we were down in the bayou. now in a few minutes i'm hopping on a plane and heading west to seattle to give you a sneak peek into the companies brewing innovation and beyond. see, we're keeping our road shows nice andy verse identified. that's to be sure we're giving you as much information as possible. it's your turn to get diversified. why don't we go to js under score pit stop who asks am i? jb hunt the trucking company. all right. this is very interesting. jb hunt is transport. craft is food. wells fargo is bank. you know what? j whatever. pit stop, you don't need to make a pit stop. you're winning. i'm going to jim in north carolina. jim. >> caller: this is jim from north carolina with a booya to you. >> i'm giving you a booya right back at you. >> caller: i got wells fargo. i got johnson johnson. i got ge. verizon. and mmm. jim, am i diversified? >> wells fargo great bank. j and j the drug company and 3 m a big industrial company. steven. >> caller: a big sunny today chicago to you. >> a black hawk player for you. >> caller: i hope you come to chicago sometime to sign my "get rich carefully" book. my stocks are apple, costco, lows, morgan stanley and wells fargo. >> interesting. the love for wells fargo continues no doubt inspired by warren buffet. we have got apple which is a tech company. costco is a retailer. morgan stanley is financial. lows and costco, two fine retailers but we can't have that. what is our de facto default play when we see these two? of course, it's bristol meyers. we continue -- oh, no! that is the end of our special tuesday edition of wednesday's am i diversified. stay with cramer. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.
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johnson skies for the rebound. turnaround by johnson is short. right to ben carter. >> doug: nick johnson is trying to do too much. trying to take over this game. you've got to take good shots. >> andrew: loyd for the tie. you bet. the captioning on this program is provided as an independent service of captionmax, which is solely responsible for the accurate and complete transcription of program content. cbs, its parent and affiliated companies, and their respective agents and divisions, are not responsible for the accuracy, or completeness of any transcription, or for any errors in transcription. there's this kid. coach calls her a team player. she's kind of special. she makes the whole team better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach calls it logistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody like my dad. this is my dad. somebody like my mom. my grandfather. i'm very pround of him. her. them. closed captioning provided by cbs sports division >> andrew: missed three,
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johnson & johnson. take a look here at verizon, sprint, no pf just to name a few. back to you. adam: thank you very much, nicole. fedex is getting iced out, literally. the shipping giant reported disappointing numbers. whether leading to big mrs. purple profit and revenue. donald, a lot of people will look to the fed for an indication about the economy. what does this tell us? >> it tells us we will continue to see growth in e-commerce. the real problem for fedex, though, was the weather. the response to it, ironically, in the quarter were said the situation from an earnings perspective. they dow dealt with it by throwing money at the situation. they paid their people more to work more overtime. they pay their people who volunteered to work on christmas day. i had a package delivered to mike -- to my house on christmas day. adam: was it all because of the response to the bad weather? >> this was weather related. last year was the second warmest most mild winter. this winter, of course, has been anything but mild. they were 99 plus% online. adam: fedex was able to grab a some of
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transgender woman, forcing her to compete as a man today they will speak with close which johnson -- chloe johnsonand why she earned the right to compete. we are always here for you and you can always follow us on twitter and facebook. thanks for watching and have a great day. safeway presents real big deals of the week. or how to find big savings on the things you need. just make a straight line to safeway. your club card gets you deals you can't find anywhere else. right now, fresh driscoll's strawberries are just $1.99. make it an extra scoop. breyers ice cream is only $2.88. and arrowhead water is just $3.29 a case. real big deals this week and every week. only at safeway. ingredients for life. alex paen: right now, we need your help to locate the many children and adults who are missing. [captioning made possible by telco productions, inc.] alex: thanks for joining us. i'm alex paen. you may not know thi b
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johnson. -- stanley johnson. very long three for johnson here on the way to a 25 point game. johnson has the distinction of playing on a state championship team. the monday association win. the dragons have to settle for northern california champs while the monday association are overall best in the state. >> in the girls, jack rabbits up 13 at the half. ma rye a more gets the hoop plus the foul. then it was three, this time moor is on the assist with mac fair getting the assist. it was all long beach poly after that. clark doing the honors. the pride finishes the year at 30 and 7. long beach poly is the state champion. >>> in girls division 2, san hoe assist mid e went down big to shaum nod. the results no better in girls division 4. in boys catholic hayward lost big to tore rans. the south sweeps today's game for an 8 to 4 edge. >>> half of today's ncaa final four field is decided in a thrill er. the number one seed against second wielded -- seeded wisconsin. the badger fans put on a pretty good demonstration of why. the badgers erase a one point deficit, go up by two. jeffe
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johnson & johnsons and our shareholders are not complaining about our returns. >> i bet they're not. >> bob, for those people who are looking at this market near record highs, looking at some social media high flyers and saying what should i do in this market? your advice is to zero in on high cap value names. explain why. >> it's not large cap value. we don't pick positions by their height. we don't pick companies by their size. we're finding a lot of values in that area but there are values in other areas. for example, johnsone penalty box because of all of the problems they had in the last three to five years, not only in the drug division but their instrument division. they had trouble with their tylenols, et cetera, here is a company that's got it back on track. they probably have earnings power of over $6 a share. it's growing at 5% -- 4% to 5%. notç growing like linkedin, bu they're producing free cash flow. something most people don't understand. and here is a company that we think is worth $112 a share. that's at an 18 multiple to the $6-plus they're going to earn and here is a dividend of 2.8% and those are the boring names we're dealing with. a dupont, which is now a farming company. it's no longer a chemical company. $5 of excess cash flow. 3% dividend. they're giving these stocks away. why should i pay $27 billion for twitter that might not be in three years? >> pepsi is certainly not boring. most notably perhaps because of nelson peltz arguing that pepsi should split into two divisions, a snack
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. >> like a johnson & johnson or money well. the stocks have been really great stories. but at the same time, celgene is down so we've been buying that. i think as the macro concerns about the ukraine and china fade a little bit we're going to come back to focusing on the u.s. the u.s. data was okay today in terms of permits and starts. and that is going to continue to momentum we saw yesterday from the industrial production. i think that, again, the u.s. is going to be the story. i think that we're seeing a recovery. >> speaking of stories let's move to the other top story. that is the latest in our on-going halftime investigation. free markets, fair markets. new york's attorney joan eric schneiderman launching a new prone in high frequency trading and whether they have an unfair advantage over retailers. this is an interview you will see first here on cnbc. attorney general, welcome. >> thank you. >> you make some pretty serious accusations. you say it undermines confidence and gives an unfair advantage to those sorts of traders. you use references to gordon gecko. str
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they own google, gilead, facebook, johnson & johnson, bristol-myers, this has been a real darling. public a little while ago. stocks up -- stock, etf up 7% or 8% on the year. >> the problem with the marketplace though are the names you just mentioned all have head lips that would be the catalyst for bigger and -- bigger volume. the problem we're seeing now is people at 1881 in the s&p are looking for reason. are you telling me it's 1950 on the s&p or am i buying the top? that's the scare tas ticks. >> things so much. >>> gold is up ten bucks today. the real action though is to come tomorrow at the jobs report. jackie deangeles his is following that. >> the year we see gold climb 10% after a tough ride last year. a lot of people are wondering if a weak jobs number are going to get the gold trade going. brian u zr brian, how the you see it? >> as soon as we saw the ten-year note struggle to get over 3% and back down to 2.7%, that's put a bid behind the gold market. but i wonder if the job number comes in lower than 6.6% on the unemployment rate if the top is kind of nearing to its en
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the amount of money that is grossed revenue by the different pharmaceuticals and and at $67, johnson johnson $65. then you look at the c.e.o.'s of those company and a lot of them are making $25 million a year. >> absolutely. >> why can they put price controls in foreign lands but we pay three and four times as much for that? >> here there are no price controls. in the other countries what appens is that first of all, this is complex. we have to talk about the doctor salaries as well. those things are closely related and in other countries that is not the case. >> how much higher are the salaries of doctors here than in overseas? >> in panama a very highly skilled specialist could earn $3,000, $5,000 a month. here in the united states we're talking about hundreds of thousands of thrars a year. >> what about in france? >> in france it would be similar to the panama couple thousand dollars. >> why are medical schools so expensive to go to? >> here in the united states many people get loans. it's the way the university system is. they create a system people go to the medical school. many of thos
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johnson & johnson. hey, that's my favorite large cap pharmaceutical name. the company with the highest growth rate of all the major pharmaceuticals, yet it has done nothing, nada at all since it reported a good quarter but gave lukewarm guidance. since then, j & j has languished in the wilderness. it's actually trading at a discount to the average stock on the s&p 500. remember, that's how we grade stocks, okay. value buyers know that disparity can't last, this is the fastest growing drug company with the balance sheet bigger than any company in the united states. and the best management in ceo who has talked openly about shaking the company up so it only has top tier divisions, get rid of the draws. yet it trades at a discount to the rest of the market? that's preposterous. but as the money has poured out of the speculative biotechs in the last few days, it's flowed back to j & j. now there's ibm, despite a lot of heat saying cramer, you hated ibm yesterday. no, i didn't. i praised it yesterday. the stock's ramping like i haven't seen in years. this isn't
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babe ruth at bat against another hall of famer, walter johnson. johnson wins this one. and there is yankee legend, lou gehrig, second game in the lineup. the start of his incredible 2,130-game streak. there his right there. and this brings us to the "sunday spotlight" on the brand new baseball season. espn's keith olbermann with his take first. ron claiborne sat down with the gang at fivethirtyeight. a surprising theory, managers don't matter much. >> reporter: everyone knows the baseball manager is the leader of his team. master strategist, field general, who decides such things as when to take the pitcher out. >> carlos martinez coming in. >> reporter: when to bunt, when to steal a base. as the manager goes, so goes the team, right? wrong. according to neil payne from fivethirtyeight who did a -- an exhaustive statistically analysis studying how players played under each manager and how they were expected to perform. his conclusion? most managers had little effect on the game or the season. >> they don't make them play better or worse than the established baselines. >
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david: carlyle group won the bidding war for johnson & johnson blood testing unit. carlisle paying j&j $4 billion. liz: at&t little changed after the company said it would buy back up to 300 million of its shares. that is worth more than $10 billion. david: wow. u.s. safety regulators ordering automakers to install rear visibility technology in all new vehicles. remember it was something special? that will start in may of 2018. it is kind to cut deaths and injuries caused by vehicles backing up. liz: king digital entertainment, maker of "candy crush" betting on growth after its disappointing ipo it is seeking 165 new staff, equivalent to 25% of the its workforce. help wanted. "after the bell" starts right now. david: before we welcome our market panel, welcome back. good to have you back. been too long. >> i know. david: let's break down today's action. randy ward, ward financial chief investment officer who will tell what he thinks could spark a big stock rally. john maksim. beacon managing partner here. and scott shellady, he is the guy doing tough duty in the pit
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you mentioned johnson & johnson. they have also grown their dividend for 51 consecutive years. the yield is just under 3% and they look to grow their dividend around 35% over next couple years. we also gave the viewers plains allca, whs in, the a midstream n the petroleum space. a 4.6% distribution yield they look to grow their distribution 55% next three years. we think solid, good names for investors to go to. liz: let's take that point and broaden it right, dan test itch? we're looking at all the sectors. positive sights, utilities, it telecom services energy, what joe keith is talking about. the weaker areas, information technology, financials, health care, those didn't do well. so does this all change and mix up next week, dan? do you foresee this is trend starting? >> you know, i'm not so sure what i'm thinking here. i'm surprised the russian situation hasn't created more of a flux in the market right now. what i'm looking at what the previous guest mentioned economic data is driving things pretty well but will it continue this? over the weekend we'll have decisions made
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the supreme court of arkansas threw out fraud charges against johnson and johnson. j and j was accused of fraudulent marketing over its anti- psychotic drug risperdal. arkansas claimed the drugmaker did not propertly expose medical risks to arkansas medicaid patients.while j and j's attorney said there was no fraud or improper reimbursements for medicaid patients who took the drug. a startling 3.5 million cars recalled for various issues, wound up for sale online last year. carfax.com, cross-checked listings for cars on major websites such as autotrader.com, cars.com and craiglist.com. the research revealed that 1 in 9 vehcles had an open recall. texas, california, missouri, florida and ohio had the most. however, the odds of buying a car under recall were much less when purchased at a reputable dealership. honda marks a u-s milestone this week as the10 millionth accord built here rolls of the assembly line. built in marysville, ohio (mare-iz-ville) - accords account for half of the 20 million hondas made in the u-s- a. about 95 percent of hondas and acuras sold in
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johnson & johnson. the health-care company has accepted a $4 billion offer from carlisle to acquire the diagnostics unit. it had been for sale in november and went for nine point i billion in sales last year. >> number six, microsoft up two percent. the new ceo, satya nadella announcing new leadership roles. believing -- will leave the cloud enterprise division and spencer will now head the xbox business. withmber five, disney shares up about five percent. the animated show "frozen" the highest grossing of all time of a total of just over one billion. my son's first film in the theater. he liked it. he had not been singing the song like some. this is my daughter's favorite movie. wear pigtails after they saw it. partebit has to do -- >> of that has to do with ticket sales are higher. sure.m i am looking forward to " captain america number two." >> number four, target. downgraded from a plus two and a. they suffer the largest data breach ever during the holiday season last year were over 110 million customers were affected. number three, gm. shares down slightly. according to documents obtained by an escalator saw automaker canceled a proposed fix for the ignition switch failures and the car. a professional hearing set for tomorrow. 2.6 million small cars recalled. >> number two, fannie mae and freddie mac, both of them are up. bill increase his stake in the stock. here, some hedge fund managers have gotten into preferred stock. he is in the comps. >> number one stock of the day is at&t, up slightly. they have approved the buyback of 300 million shares. since 2000 12 the company acquired over 770 5 million shares. we are at the close of trading right now. the fifth consecutive quarterly gain for the market with dow jones and doing the day of 134 points. the s&p is at 1872. up about 8/10 of one percent as well. we want to get some additional context on today's markets. >> janet yellen, as you said, had a lot to do with it. we have seen a lot of movement back and forth among the so-called momentum stocks recently. stocks that have done very well, coming down to earth, bouncing around, coming back down again. >> some people have seen that as a bad sign that these momentum stocks, once they lose momentum, could mean something bad. >> it could be the argument that it is normal rebalancing. we see that around every quarter, volatility. >> health-care stocks did the best today. they have been the biggest momentum stocks. there were also various studies the came out today, actual news driving the group higher as well. >> and janet yellen, as you said. stories we are tracking ahead of tomorrow's open, you have alix steel, julie hyman, olivia sterns has the honors. midnight, theht, deadline for obamacare. if you are having a hard time shopping for health care, why not do it the old-fashioned way and walk into a store? did with thei connecticut insurance exchange, where residents can go and have a conversation in person to figure out which plan works best for them. it is one of the reasons that connecticut is on track to reach double the enrollment goals. they are now marketing their services to other states foreign-exchange in a box. they have spoken to five other states. it has been a huge success story. i am sure that you know that only 14 states have opted to set up their own health care exchange and of those only 25% of those sites are working as planned. connecticut is really a huge success story. >> how many stores do they have? >> only two, but they are planning on opening more. everyone was so relieved that they could do this. as one woman put it to me, there is no h&r block for health care. >> was it crowded? >> very crowded. >> did funding come from the connecticut government? >> it came from a federal grant to the state. >> it seems obvious in some ways, right? online retailers moving into brick-and-mortar stores. this is like novel, my gosh, health care exchange in person? >> talking to a person face-to-face to answer these, gated questions. >> the store is now going to be open year-round. the ceo said that he got the inspiration from apple. he said -- did you see the genius bars? it is a great idea. he said work for apple, people do not understand their product, they need a face-to-face conversation to figure out how it works. >> speaking of more face-to-face, walmart, which apparently sees a $3 million opportunity in refilling empty shelves. basically, how much merchandise is available for shoppers to buy. a top focus for the chain. walmart has been struggling to keep their shelves stocked over the last year. renÉ has reported fairly extensively on this. the lack of merchandise has frustrated some shoppers, so they have gone elsewhere. -- obtained simms -- sub some transcripts from a meeting at the company. associates talking about the emphasis on this. there has been some debate about how widespread the issue is, but what is not debatable is that in 10 of the past 12 quarters the company's inventory has exceeded sales. >> inventory exceeded sales? inventoryst poor management above all. right? >> they are just not getting it to the shelves. they have the inventory. >> who knew. >> correct. >> the right product is one of the questions. do you have the people putting it out and not putting it in the right place? in any fashion? are you have this stuff stacking up in the back of the stores? a lot of things could be going on here. this is something that they are now -- >> it shows you something about software in a traditional environment. you need the right mechanisms in place to get your inventory from point a to point the. >> part of the challenge for walmart will be figuring out how to integrate their inventory to be a real competitor. amazon has been investing in their warehouses and they know how to move their merchandise. walmart needs to catch up. >> talking about cars, and honor of matt miller, tesla's general manager is leaving the company. the reason it is important, elon musk is setting his sights on expansion in that country. elon musk said the january sales in the country should match u.s. levels by as early as next year. delivery yet to start on the model s in china and they did start taking orders in the country and opened 8600 square foot store in beijing's shopping mall. in general is trying to have 5 million alternative energy powered cars by 2020, but they are really expensive. one hundred 18 thousand dollars, but in the u.s. they are 81 thousand dollars. there is always concern about the country slowing, are we really seeing a shift from the rural areas into the urban areas? it will be interesting to see what they do. >> obviously the chinese government is pushing more energy-efficient vehicles. hundredpoint, what, one $80,000? i cannot even imagine what it is going to cost. this is not really going to do anything for the future of high efficiency. >> the adoption rate is the thing. over the weekend we also heard that the company inked a deal with new york state and andrew keep itske tesla, to five stores. >> they are direct to consumer. franchisees were concerned that other companies would adopt that. they got around it and had to close their stores and not do direct to dealership. this is a big win for them in new york. >> anyone watch basketball this weekend? >> of course. weekend for march madness. the final four are all set. kentucky versus wisconsin, florida versus connecticut. the shot to remember, pretty incredible, aaron harrison hitting a three-pointer at a little less than three seconds , allowing that 72 win over michigan, three point spread there. how much is that shot worth? that is what we are asking here. the head coach gets a $150,000 bonus or making it to the final four. a bonus of 45 k to 50 a.k.a.. the athletics director gets a bonus of 25 k. harrison will get to play some more, but no money in his pocket. >> assuming he does not get injured between now and then. that is one of the big problems here. you get injured, you are out. >> this is something that you wrote about in usa today. >> i feel strongly about this. it is a professional industry for everyone except for these student athletes. everyone makes money. if you are a coach in division i , you have $1.4 million in salary. this is the biggest tv ad revenue gain of any sport. so, march madness is bringing in more money for cbs than the nfl, then nba, this is big, big business. comes at the it expense of a lot of these kids. >> isn't the idea that they get the free education? >> but how much is that education, really? best case scenario? ,hey have actually done studies sports management did a study showing that the average value of these kids that are playing in the ncaa march madness right now is on average somewhere around $700,000. the top layer from louisville saw $1.4 million. what are they commanding on the open market? talk about another big number that can be saved by the federal government. a 14-year-old might know how to say the federal government more than $100 million. a teenager analyzed his schools ink consumption could be cut by 24%. he then published a larger study in the journal for emerging investigators on the federal government's inc. usage and he found that switching to garrett could savend font governments 240 million dollars per year. not huge by federal government standards. >> it is 15% smaller than the others he was comparing against. is the rebuttal. >> there may not be a one-to-one comparison. >> you would have to move up to a size 14 to be able to read it. did you know that printer ink costs twice as much as chanel number five? >> per fluid ounce? >> it is extremely expensive. >> maybe they should print it in chanel number five, then. >> that is good, too. >> next, time for bloomberg television to take the field. we will have the president of the yankees here with a rebuttal of our coverage on state spending on sports facilities. worthwhileare they a investment for taxpayers? answers, after the break. staying on sports, we have an inside look at the post-nba game plans, later. ♪ >> welcome back to bloomberg. breaking news coming out of general motors, they are expanding their recall, recalling an additional one point 3 million cars in the u.s. on top of the cars they have already recalled he does of ignition failure. they also said they saw the total recall related charges rising up to $750 million in the first quarter. their new ceo will be down in d.c., testifying about these recalls tomorrow to congress. we will be bringing you live coverage throughout the day. up to the start of the mlb regular season, bloomberg investigated the shortcomings of the two decade spending binge on training baseball facilities in arizona and florida. mike mckee reported from fort myers, florida, the spring home of the minnesota twins, where it seems that taxpayers have reached their spending limit. not so fast, says the president of the new york yankees. he is the believer of an economic hour of the ballpark for the community. he oversaw the yankees moving to their new home and he joins us right now with his take on mike's reporting. michael mckee is here to defend himself as well. this should be a spirited, interesting discussion. is actuallythink good about taxpayer spending on the stadiums? wax it all depends on where the stadium is and the reasons for it. here in new york, yankee stadium was built on strictly private funding. the yankees paid for every cent of the construction in the new yankee stadium. and they paid for all of the ongoing operations of it. for example, in florida spring training is a tremendous economic boost to florida. look at this and use actual data, spending and taxes before teams come in. when the yankees move from fort lauderdale to hillsboro, it went up in for broward county and down and hillsboro. so, there was not a demonstrable -- to the the city county from the yankees arriving. want is a benefit if you to see baseball, but in terms of tax dollars coming in, you can't find it. are we able to quantify what it actually does for the local community? county, fort myers, they have two teams. they did an economic impact study. economists don't like it, but take the numbers at face value, those teams are worth $47 million in economic activity to the county each year. this is a county with a $21 billion gdp. we are talking about less than 1/10 of one percent of value to that community and they have spent 220 million dollars on these facilities, including one stadium that is not even being used. by the time they pay off the bonds they will have paid half of a billion dollars for it. >> i have to tell you, leo hindery -- >> he did not found the yes network. >> right, the ceo of the yes network, he was on last week when you were doing your report and he agreed pretty wholeheartedly with you. thet is hard to admit economic tastes for spending the kind of money they are spending at this point. what has happened is over the last 10 to 20 years, starting with hammond stadium in fort lee, cities and counties have given the teams so much. certainly if someone offered me a $100 million stadium, i would take it, but the teams do not pay property taxes, do not pay taxes on -- >> they keep all the concession, parking, ticket revenue. the yankees have a deal where there is a surcharge on the ticket that goes to the county, but the rest of it stays with the yankees and all of a sudden spring training is profitable for them and it has changed the business model. >> randy, don't go anywhere. we want to stick with you after this commercial break to talk of it more about baseball. more after this break. see you back here. ♪ >> welcome back, everyone. randy levine is back with me here. we want to shift the focus now to the global environment and appetite for baseball, which may have been expended -- expanded by your recent acquisition. sum, years at a staggering $155 million. he has been described by sports illustrated as a ready-made ace. what goes into your thought ross s in terms of investing that kind of money in a player? around, based on the needs of our team. we needed a young, great starting pitcher. he was available. we met with him. we had scouted him for a long time. >> how long is a long time? >> over a year. they loved what they sawr. so far we are expecting real big things out of him. we think he is exactly what we need. >> it is an investment, like anything else. 100 55 million dollars. you are confident it is worth it -- $155 million? you're confident he is worth it? >> we think you will be enormously successful for a long. of time. the yankees are all about reinvesting in our franchise. that has been the steinberger way, the yankee way for a long time. that is what the fans deserved. we provide a championship caliber club that competes for the world series every year. >> you are looking for the next derek jeter. >> it will be hard to find another eric jeter. he is very unique. we will try to come close. >> what do you think his legacy will be? >> one of the greatest players, one of the greatest yankees that ever played. a complete gentleman, on and off the field. when you think about him, you think about a clutch winner. i think he can do the whatever he wants. he has all the qualities to succeed. doingll see him pop up some incredible things. >> what about working with you? at thea management role yankees? >> he has never said anything about that. but if derek jeter calls, we always pick up the phone. >> and you have worked with him? >> for 15 years. >> in a different capacity? careerill not make decisions for him. -- >> i will not make career decisions for him. >> do you think baseball will continue to catch on? >> i think that baseball is continuing to grow. we are approaching a $9 billion industry. look at last month. baseball opened the season and lost really it to great success. we went to panama, a great success. metshad a game between the and the blue jays in montrÉal. things are going to get better. >> all right, we will be watching. randy levine, thank you so much. ♪ >> as part of the final push to enrollees, president obama took an unorthodox approach, appearing on "between two ferns." another chapter in a unique presidency that has harnessed the power of twitter and facebook to get the word out on a variety of issues. here to discuss the digital footprint of a presidency, jerry warburg, assistant dean at the university of virginia baton rouge school of leadership and public allah say. author of dispatches from the eastern front. jerry joins us right now from charlottesville. welcome to the show. say is going to be the overall digital legacy of president obama? >> thank you very much. it is good to be with you. it is highly commendable that the president sought out alternative means to reach potential enrollees. we have clearly seen that what worked well as a campaign tactic is more challenging to use in governance. they were obviously very effective in fundraising and 2012, butacts in there are obviously some glitches in getting a full cohort into the system as of today. midnight, tonight. >> but we did see a big spike in enrollment after that appearance . he was also on "ellen." he was tweeting about this. does that actually start to have an effect on public opinion and, in this case, enrollment? effect onhad an enrollment. the initiatives that the administration has taken over the last couple of months, if you look at the raw numbers. you are dealing with a generation that is highly suspicious of institutions, skeptical of government solutions -- >> there is a recent poll that gives us some fascinating data about the extent to which millenial's are independent. the out -- outreach efforts are cleverly targeted, but it is too early to say the overall impact. >> i don't want to debate whether or not -- >> we actually did that already, whether or not the program will work or if it is good for business, but i do want to talk about the digital imprint of this president. in a very, we are different world, obviously, right now. the digital world is in fact shaping the political world. is there perhaps a danger that just as you look at the net -- nixon and kennedy, people paying more attention to kennedy's delivery when they watched on television than how he looked, thinking that he had one as opposed to nixon, radio listeners thought that dixon did a better job. is there a danger nowadays where your presence on social media, your ability to read a toeprompter, your ability please a crowd in front of live television cameras might matter more than your strength on various policy issues? true,hink that is very less you for knowing that contemporary style nixon won the debate. just folks on television thought he looked better. i understand how that came out as a kennedy supporter. it is important to use social media to inform voters. used not just to entertain, but to enlighten. hopefully having diverse sources of direct contact with voters will be to the benefit of all political parties and political initiatives. i think that the administration has broken new ground here. i would love to be in the room and they were trying to convince the president to go on "the two ferns." it must have been an interesting discussion. getting involved with young people and the important decisions you are making. >> all new set -- all new staff positions now. political education, from the nixon years to the age of obama, thank you for joining me today. >> good to be with you. >> we have been talking about the growing gap between the rich and the poor, but what about the growing wealth gap between baby boomers and millenial's? households headed by someone under the age of 40, wealth adjusted for inflation is 30% below 2007 levels and as a result, generation y victims generation why not rent, why not skip the extra purchases this month? why put my money in the stock market? a scenario that could have some disastrous economic implications for the united states. joining me now to discuss this study, bill evans. welcome, bill. >> thank you. seems as though your study is going beyond the need for entitlement reform. explain the implication of this generational wealth divide and what it really means. >> i think that what we have really uncovered is that it is matter great deal when you were born. there is something to the idea that there are different generations. you mentioned baby boomers. i would distinguish further between generation x and generationy. the baby boomers are thought of as early 1960's, people between 1960 five and 80, generation x, .fter 1980, generation y the people hit hardest are the people born in the late 1970's, early 1980's. the earlier stage of generation y. people who were new homeowners at exactly the wrong time. , our work the case suggests, that young people that were the most enthusiastic in terms of borrowing aggressively and buying a lot of house, that turned out to be disastrous for a lot of families. >> historically previous generations had lived through the great depression. my grandmother did not trust the banks. who really and truly did not want to put her money in a bank account for fear that she might not get it back. has there been some actual psychological damage in terms of how young people think about the stock market? think about the financial system? and think about housing, given what everything -- what everyone has been through? >> it is quite possible. it is a bit early to know. it is hard to believe that it would be as significant as it was during the great depression, as that cannot compare to what we have been through today, but there is no question, and economists have known this for a long time, people viewed it differently, a high savings rate, as you said. they were much more cautious in all respects. for we have uncovered is that there was not quite that strong an effect, but certainly differential impacts across different generations. that will probably translate into behavioral changes, no question. translated into different, for example, access to homeownership or reentering homeownership. a lot of young families have damaged credit scores or have a foreclosure on their record. >> what does this mean for the american dream and the ability for each generation to profit more than the next? wax in itself it means that this is a delay for many families. they will have to regroup, recover, rebuild their financial stability. it is too soon to know whether this will be a permanent klein. we have already seen a significant decline in homeownership rates. if the change in credit standards, lending standards persists, it is probably true that we are going to have lower homeownership rates going forward. >> changing the course of the overall economy. leaveunately, we have to it there. thank you for joining me, bill evans. offer -- one of the authors of that study. skills know him for his on the court, but now he is going to the bank and hollywood. plus, comcast is working towards the acquisition of time warner cable. today in ranks, see you back here. ♪ "the scene."or where we bring you the business between entertainment, media, and pop culture. the basketball courts, the agency representing is trying to help out. relativity media is best known as the company behind films like "300 year co it is -- 300." jon erlichman sat down with the relativity sports ceo to talk about the latest moves in hollywood. what are the plans, john? take a listen. >> i like to produce, mostly. relativity brings up great opportunities for me. probably would not have been there had i not been involved. >> these were hip ideas. he was the producer of rock of ages. when you went to see them it -- the next, there was more after the show. >> did you hear about the movie being this big? >> places where you can build on your career, what do you think about this business? wax don't want to do too much. it is all about relativity. >> we talk all the time. we bring it up and say -- this is a project we are working on. it is pretty cool. the summary of the script, see if you like it. a partner of ours, we shot that last summer. this is the first one we have done together in that capacity. we don't want to be investing in things where there is not a risk of being successful. >> sometimes you do digital shorts. sometimes you team up with other members of the relativity family. >> that is the goal of things like that. >> absolutely. it is a fun thing to do. have a humorous approach to it. right, jon erlichman, joining me right now. athletes are playing a bigger role in hollywood agencies. you can understand why. the sports heavy img. what does it mean for the industry overall? what does it mean for this particular agency? >> we talked about that little bit. how much overlap is there in terms of who is being represented by big firms? some of the other clients fluid a monster baseball contract. dwight howard, the houston rockets. a lot of teams sports athletes, in this case, it is not as big as whatever we have. the other thing he pointed out. they are competitive with each .ther there are different areas where they can specialize. they are important here in hollywood. >> you know what would be interesting? if in fact we saw the ncaa get itself into a situation where player pay was demanded. you saw the northwestern lawsuit last week. now the players have the right to unionize. i would imagine that you know a lot of folks in hollywood who are calling -- following this he carefully. it could represent an opportunity for them. don't want to overstep their boundaries and get into this position where they are making money on behalf of an athlete. it is a reminder of how big the opportunities are. >> we will leave it there. jon erlichman, thank you very much. coming up again, we will take you through the big mergers of the media world next on "street smart year co see you back here. ♪ ♪ wax all right, in the coming weeks comcast has faced their latest hurdle -- >> all right, and the coming weeks comcast has faced their latest hurdle and acquiring time warner cable. how does this stack up against the biggest media mergers of all time? we take a look in today's ranks. ♪ deal.t aol time warner that is it for "street smart" today. russia blackburn will be joining me to discuss gmc's mary barra's testimony on the committees recall. it will be happening right here, on "street smart." she will be testifying on the hill, we will be covering it live. see you right here. have a good night. ♪ hour,minutes past the rumor television is on the markets. session, stocks rose. the s&p posted its fifth straight quarterly gain. closing at 18 72. up a little more than one >> coffee has surged more than 60% this year due in large part to a drought in brazil. stoxx, adam johnsonocks today? freshen up the portfolio. people invariably react to unusual strengths, with structs he says it advance has been a flat year. maybe they are done, i should take some profits. selling creative opportunities. they have been up debate over the last several years. a recent correction right in here. sloping.ine is upward what else is out there? in terms of stocks, at least 200%. earnings are forecast to grow by 10% in 2014. i found 22 names that fit that bill. trip advisor, a huge run-up over the past couple of years. trading down recently, yet they are still earnings growth candidates. here i have hosted all 22 on the twitter handle a.j. insight. >> let's take a quick check on the treasury market with strength on the short end of the curve. the 2-year note is down by about three basis point. we will be on the markets -- that is it for all the markets. i am olivia sterns. . . >> this is "taking stock" on bloomberg. monday, marchfor 31, 2014. today we will be speaking to deepak c
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johnson & johnson lanzÓ un programa a nivel nacional, llamado campeones del cariÑo, resalta a personas inspiradoras que hacen actos extraordinarios, y van mÁs alla para ayudar a los demÁs, el programa campeones del cariÑo es parte del movimiento, johnson espera al salir, verito. >>> quÉ pasÓ? >>> "sal y pimienta." >>> sÍ. >>> hablame de ana brenda, se dijo se rumorÓ, lo hablamos muchos meses, es una pareja muy linda, me gusta esa pareja, quÉ pasÓ, quÉ sucediÓ. >>> el domingo en "sal y pimienta" en exclusiva ana brenda contreras, la protagonista de "corazÓn indomable", y nominada a premios tv y novelas como mejor actriz, rompe el silencio, y habla quÉ sucediÓ con la cancelacion de su boda religiosa a poquitos dÍas. se hablo si era infidelidad. >>> de tres o 4 meses. >>> sÍ, abre su corazÓn de forma impresionante cuenta quÉ le paÓo en ese momento, cuando tuvo que decirle al mundo no me caso, aquÍ un adelanto. >>> sÍ, si. >>> dale, dale. >>> en ese momento, no sabÍa ni quÉ hacer, se me estaba como acabando el mundo, fueron momentos bastante difÍciles para mÍ, a final de cuentas soy una chica normal, me pasan cosas, sufro, me rompen el corazÓn tambiÉn, tomo malas decisiones, me equivoco, entonces, no sÉ, espero que sÍ, lo que te puedo dec
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johnson & johnson accepting a $4 billion offer from carlisle, accepting a $4 billion offer.g premarket? >> only 600 shares, the minimus, up a little bit. roll is nice to see them that out carlisle. >> especially towards the middle of the year. stephen roach is with us. he got off the plane last night and made it straight to set. >> i would do anything for you, tom. >> talk about what you saw there. all of the spheres, discussions of a hard landing for china. is that what you saw when you were there russian mark >> not at all. in the west we are one-dimensional in the way that we look at china. china is fixated on reform. that is objective number one. and it is a big deal. >> defined the reform. >> reform is basically changing the growth model from 30 years of a producer focused on manufacturing and exports to now focusing on services and internal private consumption and letting the markets play a more "decisive role errico introducing a whole new process of governance in the legal system to go along with it. this is a massive, complex transition. there will be consequences f
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johnson johnson has our top headlines. >> thailand satellites have captured images of more than 300 objects in the southern indian ocean you're the search area for the missing malaysia and airline jet. claims had to suspend their search due to poor weather and poor visibility. ships continued on with the search effort, scouring the indian ocean are possible debris from the jet. is meeting with pope francis at the vatican today. economic inequity, poverty, and the situation in ukraine are among the various topics they will discuss. it is the second official trip to the vatican for the president. he met with pope benedict almost five years ago on a stop in italy. you'll also be within a prime minister renzi. lowest. experienced the publishing international causes and 35 years lester. had the fewest births since 1998 as people are being cautious following the recession. the u.s. recorded the most deaths in history. the lighting fertility rate is seen as a drag on the economy -- the lighting fertility rate is seen as a drag on the economy. it is not just the u.s., it is across the world. >> let's get to the morning rest read. >> this jumped at me. --e you have it incredible to think about that. , your take on two very different situations? >> there differences between culture and within the company, but when you think about the example you're setting for your own organization in some ways about what responsibility means within your organization and how you think of conveying bad news, look, it's it's a signal for how bad news should be conveyed within an organization if you're sending it out by text message. it is not about taking us possibility -- >> you have to put a human face on it. >> you have to be willing to step up and say when it is a problem that has -- that you have caused that leads to this, hiding behind the screen and say, look, we should just be a little walk away. >> jp eggers our guest host for the hour along with larry kantor . we will be right back. also, the imf throwing ukraine a financial wi-fi. for geopolitical tensions affect the global market outlook in the next on "bloomberg surveillance." ♪ >> good morning, "bloomberg surveillance." the most interesting part of europe, and that would be vatican city. the president is meeting with the pope. 110 acres separate and discrete from rome. those the store guards. the president for the second time meets with the pope will stop this time pope francis. -- meets with the pope. this time, pope francis. this is "bloomberg surveillance." good morning to all of you worldwide. i am tom keene with scarlet fu and adam johnsonk data check. a little bit of an up feel. i saw a nervousness, maybe a little off the ukraine. >> and we also have economic data coming out, pending home sells later this morning, questions about the strength of the economic recovery. we want to highlight some gainers and losers from yesterday's trading. we have to go back to keene digital. even though tom and adam del play candy crush, it was a big mover in yesterday's trading. it went public at 22.50 a share. >> which was only 9.2 times earnings. theoretical earnings for this year. bankers is tothe know the market. just ugly. but facebook down 7%. it made that $2 billion purchase of the virtual reality headset maker that hasn't actually sold any devices to consumers yet. >> basically in beta. a cool thing, but it is weird. do you really need a virtual headset? >> investors not liking that. not so far. to europe. hans nichols is giving us great perspective. is thursday, it must be vatican city. the president meets with the pope. hans
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johnson -- cory johnson said down with him and asked him how the writing process made him a better investor. >> people feel like they know me before they meet me, and that is a big advantage. youthey see you come express yourself and put yourself out there. they say i know this guy. i have read your stop. the first time i met my friend i was like hey, i know you, i have listen to your albums by 400 times. great youe that is know me already. this is helpful in building a relationship. >> that is why it is important to be real. >> at is what is really hard and writing. appreciatehat people itut the blog in the book is is the august side of it. cover up theng to things i did wrong, i am saying this is what happens. what are the strength and weaknesses? >> i think because getting started is easier. in a lot of ways they are younger, which is a strength and weakness. the strength of being young is you do not have the old paradigm in your head so it is very easy to break it, which is a big deal in technology companies. the disadvantage is here you are . there is a lot of stuff you do not know and wisdom you do not have, and that can lead to doing things that have very dangerous long-term consequences for yourself and the company. i am thinking what specific things are they week at or because they are young? whatbig weakness is building a company is about and what it means to the people who work there. it is great that you have an idea. but that is not really what it is about. it is about a group of people doing something that is bigger than myself and so forth. if you go out and recruit a bunch of super talented people it cannotrk for you be i tried that, did not work. or the team that could have worked on a very high paying awesome job of facebook or google is not going to want to work with you again and definitely will not say nice things again and you have created that amount of misery. that is not something you should take so lightly. in the old days we did not have that kind of thing the way it does now. >> talk to me about the way you are organized. a change indit for the way venture capital works. what do you think are the important things that are different about the way your firm is set up? to me, the most fundamental thing is when i was an entrepreneur, very oriented in finding an invention and then thatbling a team around invention and bringing in an experienced ceo to run the company. whether that happens or not, they were good at it. that when we came in the idea was that lets assume we want the founder to run the company, then what kind of firm do you need to build to enable ceo andder to become very competent ceo and the structure of the firm and the way we talk about things and the kinds of partners we have are all key or towards enabling a founder to become a ceo. impacts had the highest in the sense that you see other venture capital firms going we will give the founder more run. we may not be set up to help them do it, but we understand the value. an --you think this is result in terms of changing the report? to pay for partners is lower. the money is spent on doing other things like what? >> the structure of the firm is designed for that. if you are the founder, there are two things you lacked. i have never been a ceo but want to be a ceo. one is you do not have the ceo skill set. for the skill set, we require all the partners be founders or ceo. so they actually have some experience to teach you how to do that job. the second thing is then you do not have a network. you do not know all of the best people in the media. you do not know all the best engineers, executives and you do not have access to the big companies you might want to do deals with. the way we structure the firms, we paid a much lower general partner salaries and use the money to build out the networks and help you look like a giant ceo, even though you have never met any of those people before. interviewre from the after this break. ♪ >> i am jon erlichman. this is bloomberg '"west." we turn back to cory johnson with ben horowitz, and the author of a new book " the hard thing about hard things." for a lot of reasons we have been able to compete really well, and a lot of it is people know us because we write about what we think about. not the only ones doing it for sure but relatively new thing in venture capital. as opposed to this is what we think about a sect or are or this is what we think about investing. more like this is how we think you should lay someone off. a different kind of the thing. .et them get to know us that, combined with the philosophy of how we can help makes us very competitive. >> i think it was the first guest on the show. that was last week. i wonder, and we stumbled around and decided social media, the cloud and mobile would be the three things we would focus on. i wonder if you see new things emerging? currency forh sure. .rones and 3-d printing those are all areas that are starting to emerge and have potential to be transformational. new? 3-d printing >> the patent
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