there are millions of joneses keeping up with these joneses, having the same craving for better livingwanting better things, more efficient things, or economical things. >> why? >> part of the answer lies in our nature as a people. centuries of freedom have taught -- have taught us to think in terms of continuous improvement of a always better future. this democratic era digit is breaded as the belief that america is the land of opportunity and a man can be anything within his capabilities and any reasonable goal is within reach. armed with this boundless optimism, we have achieved a new kind of economic system which offers more benefits to more people than any yet devised. but we are not where we are only because of our desires. we are there because of the miracles of the american economic system which have made it possible to realize those desires. what are they? >> americas and vended genius -- our neck for finding new ways to make things and new things to make. mass reduction, the assembly line, our skill in making more things faster. finding new ways to make things at lower cost.

how many smiths and joneses are there total in the nba. >> wow. >> probably about 50. >> i'm going to say 48. >> 111. >> you think there are 111 guys named smith and jones in the nba? >> it's a very common name. >> 14. >> that is the closest we have gotten so far. the answer is 10. >> 10. i said 10. [ laughter ] >> how many slumpiers are there in the nba. >> one. >> one is correct. name the only u.s. president to serve two terms in office separated by another president. >> ronald reagan. >> bush. >> abe lincoln. >> cleveland. >> that is correct. >> see what we did there? name the dance clubs located inside the miami marlins baseball stadium. >> they are called the dancing marlins. >> i have no clue. >> the cavaliers. the cleveland cavaliers. >> last question is a visual question. what kind of animal is this? >> a stupid one. >> a loser. >> fox. >> wolf. >> bear. >> a dog bear. >> got to be a dog. >> you've got it. you're the first guy that recognized moon dog. so what did we learn? every dog has its day even if that dog resembles a bear. hopefully by the end of the final we have learn

obviously these joneses are a well-equipped and up to the minute household but are they so unusual?ike millions of middle-income americans, mr. jones dresses well, owned life insurance watches baseball on tv, and plans a vacation in the family car. like many housewives, mrs. jones gets her hair done every two weeks. she likes the same time products like frozen juices. the kids are difficult. sally has a brand-new bike. davey is discarded his cowboy suit in favor of his birthday camera. if they are so typical why talk about them? for that very reason. there are millions of jones's keeping up with these drums is the same craving for better living. more efficient things and economic things. why? part of the answer lies in our nature as a people. centuries of freedom have taught us to think in terms of continuous improvement. this democratic heritage is ridiculously belief that america -- has bred in austin belief that any reasonable goal is within reach -- in us the belief that any reasonable goal is within reach. we have achieved a new kind of economic system that offers more benefits

. >> everyone likes to keep up with the joneses or as we like to say keep up with the patels. >> reporteriott has gone so far as to institute indian culture day air crash course on indian traditions for hospitality staff. >> i was surprised there were places here that knew exactly what they were doing. >> reporter: neel patel and nisha kumar said experience was one of the reasons they chose a mar jot property for their upcoming wedding. >> the groom has a rosession, is that allowed or not allowed. >> reporter: hotels need to know what animals are allowed in their jurisdiction. elfants have been banned in some places, but are still allowed in maryland d.c., and virginia. >> rarely do you see a small indian wedding. and so, when you find, like, veteran use capable of doing this type of stuff it actually benefits both sides. >> reporter: and with the events priced per person, as far as the hotels are concerned, the more the merrier. vinita nair, cbs news. >> axelrod: dortmund may doreast coasta daniels may be the bestest we have that it is never too late to learn. at the age of 99, miss dani

so mary wanted to not only keep up with the joneses, she kind of wanted to be the joneses.clip] susan: so that's a glimpse of the lincolns' life together in springfield. but a question was asked, how did the couple meet? they were 10 years apart in age. richard that's right. : well, she left lexington, it's been speculated that a relationship with her stepmother may have been a factor. but in 1839, she went to springfield. why springfield? well, her sister was married to a man named ninian edwards, jr. his father had been governor of territorial illinois. and so she was immediately thrown into the social set. i mean, springfield was a tiny town, maybe 2,500 people, but it was very hierarchical. susan and she was wealthy and : well-educated. richard she was : yes, this is something that i think people tend to overlook, why lincoln was attracted to her in the first place, classic opposites attracting. i mean, this was a young woman who, frankly, was could have had her choice. no fewer than four united states senators, future senators expressed interest in mary. she spoke fren

. >> the cavs have a guy named smith and jones, how many smith and joneses are there total in the nba? >> 50. >> 48. >> 111. >> reporter: do you think there are 111 guys -- >> common last time. >> 14. >> reporter: that is the closest we have gotten so far. the answer is 10. >> 10. >> 10. >> i said 10. [ laughter ] >> reporter: how many shumperts are there in the nba? >> one. two. >> reporter: one is correct. >> one is correct. >> reporter: name the only u.s. president to serve two terms in office separated by another president. >> ronald reagan. >> bush. >> lincoln. >> cleveland. >> reporter: that is correct. >> reporter: name the dance club located inside the miami marlen's baseball stadium? >> the dancing marlins. >> i have no clue. >> cavaliers. >> cleveland cavaliers. >> clevelanders. >> reporter: last question, what kind of animal is this? >> a stupid one. >> a loser. >> fox. >> wolf. >> bear. >> dog. >> bear. >> dog. >> reporter: you got it. you are the first guy that recognized moon dog. >> a dog. >> reporter: what did we learn? every dog has his day even if that dog resembles

how many smiths and joneses are there total in the nba. >> wow. >> probably about 50. >> i'm going to say 48. >> 111. >> you think there's 111 guys named smith and jones in the nba. >> it's a very common name. >> 14. >> that's actually the closest we've gotten so far. the answer is 10. >> 10, 10, i said 10. >> follow up question, how many chumperts are there in the nba. >> one. >> two. >> one is correct. >> name the only u.s. president to serve two terms in office separated by another president. >> oh yeah. >> ronald reagan. >> bush. >> george washington. >> cleveland. >> name the dance club located inside the miami dolphins stadium. >> the dancing marlins. >> the cleveland cavaliers. >> the clevelander. >> next question is a visual question. what kind of animal is this? >> a stupid one. >> a loser. >> fox. >> wolf. >> it's a bear. >> bear. >> a dog bear. >> it's got to be a dog. >> you got it you're the first dog that recognized moon dog. >> i can't say the name but it's a dog. what have we learned? every dog has its day, even if that dog resembles a bear. and hopefully by tomorrow w

he thought he was catching up to the joneses.e always talk about nixon being paranoid and all that. i don't think nixon was a paranoid. he had some paranoid instincts. charlie: go ahead. tim: evan is exactly right. richard nixon loses to jfk and 1960 by this much. it could've gone either way. charlie: west virginia, chicago -- evan: it was stolen. tim: we could have had bush v gore if nixon challenged the results of the presidential election. he is determined that he's going to win in 1968, and he went to extraordinary lengths including sabotaging the paris peace talks that could have ended the war in vietnam, but once he got in in he was determined to win in 1972 1960, by the greatest landslide in american political history and there in light of roots of watergate. to win at any cost. charlie: you would think that all of this is unnecessary. he had a weak opponent running against him. he was coming off of some positive things in his administration. that is not the time to be garnered about what the other guy is doing to you. eva

pimm: still ahead, forget about keeping up with the joneses.livia: we will give you a tour of one of the most expensive mansions on the market. what you can get for over $100 million. stick around. ♪ to the soggyeback day in new york city. this is "bloomberg market day." i am olivia sterns. pimm: i am pimm fox. a cyclic at the top stories crossing the bloomberg terminal at this hour. chevron says they will delete a multibillion-dollar oil project in the gulf of mexico. they say some cables required to tell the the platform to the seat sank last week. there were no spills or injuries but the situation may threaten chevron's ability to meet target for 20% increase in oil production by 2017. the platform was due to begin pumping oil late this year. investigators probing a fatal amtrak crash in philadelphia have not ruled out human error. that is according to amtrak's chief executive. no defects in the braking system or signals have been found and there was no evidence of the train was hit by a projectile. the accident killed eight passengers. inve

so it's keeping up with the joneses. >> right. and you have to look at who are these people who are not spending? where are they democra demographically (life? and at a certain point, am i going to have a job in the future? that's what i'm hearing. >> but we're talking about relative success. when you're talking about 250,000, i would be a lot more worried about making 35,000 in a job. >> but they're worried. >> what are they worried about? >> they're worried that, oh, i'm 60 years old, hopefully i'm going to live to 95. i have to save money for my grandchild for college. i have to save money for my child. >> but what about the they've got three or four let of in the pipeline. >> one thing they're worried is we haven't had interest rates go up in 7 years. you don't want to have debt in this economy right now because when something has gone on for seven years, we forget what it's like when something changes. >> you think people know that? >> the ratio is terrible right now. we've got this huge baby boomer entitlement wave coming th

dirty tricks that were almost a model for richard nixon so he thought thieves catching up to the joneses and they were persecuted them. and we always about talk nixon being paranoid and all of that. >> even paranoid have their limit. >> that's a medically he wasn't but he had paranoid instinct. >> go ahead. >> seven exactly right. richard nixon loses to j.f.k. in 1960 by this much. and it could have gone either way. >> west virginia committee. >> chicago and texas where lbj came from. and we could have had bush v. gore if nixon had decided -- and he contemplated it challenging the results of the presidential election. he is determined not only is he going to win i68 and he went to extraordinary limits including sabotaging the peace talks. but he was determin to win in 1972 by the latest landslide the roots of watergate. >> at any cost you would think though that all of this was unnecessary, we had a week opponent running against him, he was coming off of some power things in his administration that's not the time to be paranoid. >> he had this idea of the new american majority that he wa

and makeup to drop their kids off at school and will spend any amount of money to keep up with the jonesesthin and fit and beautiful. >> reporter: meet wednesday martin. this author and mother of two is peeling back the curtain on a specific set of women she calls glamorous stay-at-home moms dishing on their secret life in her fourth coming memoir, "primates of park avenue." she says that one of the benefits to being in this tribe is a yearly wife bonus handed out by the husband. the wife bonus, the idea that some of these wives that their wealthy husbands were giving them a performance bonus at the end of the year like so many people get at work. tell me about that. >> this is one of the things that they describe to me. and what's interesting is that now we're seeing people posting stories, i get a bonus, mine's not performance based. why i'm proud of it. why i think it's retrograde. it's kind of started a conversation. >> reporter: we spent the day with her last week. >> now i have on my social face. >> reporter: martin first joined this exclusive world in 2004. it's like "mean girls." i

secretary, your over the department of energy and jonesing at the local communities, local areas needto get together. what is the least specific plan to meet this need. is there not any? if it's in we're going to let them go down about everybody else figure it out? it's not our problem? >> first of all in our system, the private sector build power plants. >> that you guys are the ones who pick winners and losers. >> no. >> yes, it is because you said coal is going out wind isn't a new thing. >> obviously bears responsibility of government whether statutory regulatory to set certain rules of the road in terms of environmental protection, et cetera, et cetera. the private sector and typically state regulatory bodies then respond to that. >> so if i'm hearing you correctly there is no plan. which is going to drop the power and let everybody else figure it out. >> the gentleman's time has expired. >> i yield back. >> mr. pompeo is now recognized for five minutes. >> thank you, mr. chairman. we are getting getting towards the end so all of the questions have been asked and cement i will op

right now the dow joneses industrial down 55 points, up earlier the lows of the day at 18,020, the s&ow and the s&p are down about one third of one percent and the nasdaq down about a quarter of one percent. here are your dow movers. nike, goldman sachs nike with lebron james tonight. on the downside, verizon and also merk has been a big looser as well. team discount retailers wild low wall street its sales that's up over 7%, smucker's on the other hand, smucker's is down 3.3%, they have smucker's jams and jelly hey take a look at these telecom names, it was raised to $40 up from $35 up over on jp morgan, they're not too hot on verizon. they've pulled that one down and that's for the downside stuart: the dougers, they sat down with megan kelly for a exclusive interview on the megan file. >> so important for us as parents to talk to our girls and make sure that nothing else had happened. well, one by one as we talked with them, none of them were aware of josh's wrongdoings. >> so they learned about it from you. >> yeah. >> as people on the outside think, well, christians are supposed t

got a physical manifestation of a caliphate from their perspective, this is what they have been jonesingor for generations, now they have got the territory, they are experiencing more success now over the last couple of days in syria. >> >> you noticed the age of the suspect was in his 30s. when you think about "charlie hebdo" and the people killed there and the attack at the jewish deli, what is your assessment for risk of a secondary attack following this one in the region? >> these tend to spawn copy cat or others who are motivated because they see this is something they can do. the cry has been for years, come to the center of the fighting, whether it was iraq or afghanistan or pakistan. now it's do what you can wherever you happen to be. every time you have an incident like this, again, it spurs whether the person is psychotic, just looking to latch on to something. >> >> it's not coordination. >> that's why this is such a problem. this is this is where we get the law enforcement concept of the lone it's it's not a lone wolf. it's motivated by a very concerted, aggressive, increasin