k. street lobby shop also has a lobby shop in brussels and so we're in your bed europe don't you want to know if you think that we are so corruptible and so corrupting don't you want to know who we are and who's paying for us and what it is we're trying to get you to do for us. we have to decide to regulate lobbying for a long time to sell them for a new commission came in for the first time and used to. european countries for part of. the first burst of commission started in autumn two thousand and four we wrote an open letter to the commission president. signed by over fifty n.g.o.s. i would just like to say thank you. that's a very sincere thank you for the confidence which you just voiced and invested in me and i'd like to say to you that i understand this vote of confidence as also implying huge responsibility on my part and we are going to work hard give our all to serve europe to serve the institutions of the european union and to serve all our coast citizens of europe that. the response was a very short formal letter saying we received your letter sent you very interesting . no s

k. street lobby shop also has a lobby shop in brussels and so we're in your bed europe don't you want to know if you think that we are so corruptible and so corrupting don't you want to know who we are and who's paying for us and what it is we're trying to get you to do for us. we have to. higher to regulate lobbying for a long time. before the new commission came in and for the first time ten eastern european countries were part of. the first burnell commission started in autumn two thousand and four we wrote an open letter to the commission president. signed by over fifty n.g.o.s. i would just like to say thank you. that's a very sincere thank you for the confidence which you just voiced and invested in me and i'd like to say to you that i understand this vote of confidence as also implying huge responsibility on my part and we are going to work hard give our all to serve europe to serve the institutions of the european union and to serve all our coast citizens of europe that. the response was a very short formal letter saying we received your letter sent you very interesting . no subs

at his circle of cronies called the ohio gang operated on k street, lake k street lobbyists like jackave her mouth piles and they were figuring out the country. the veterans bureau secretary probably sold about $200 million in money was supposed to go towards world war i veterans. the ohio canceled government licenses intermissions and literally set up shop on k street. even in the door, pay them money and got whatever you wanted. the corruption was unparalleled. we haven't seen anything remotely close to it. even aber mobs $82 million in lobbying fees is small change compared to 200 million. i know jack aber mobs. i worked in the 1980s and i was astonished to find out some of the things he's been up to. historically the harding administration went far beyond that and florence harding managed to set the political crises much better than warren harding did. they had to figure out how to cover up some of it is the first began to come out. they would do so by telling the ringleaders when they were going to be caught if they had 24 hours to clear out of the country and in more than one ca

the reason behind it all, crude oil prices are falling and k street begins the week in new territory this morning. the dow opens at nearly 14,400. boasted by last week's positive reports about jobs. the index is up 10% since the first of the year. the bull market began the run upward four weeks ago. >>> and "oz the great and powerful" really was great and powerful. almost double the other films in the top ten combined for the biggest debut of the year so tar. like abc, oz is part of the disney family. the film took in over 08 million bucks over the weekend. "jack the giant slayer," $10 million. and "identity thief" was in third. >>> the search jingt is giving adidas sneakers a computer. they can advise you on finance. they don't plan to sell you the shoes. they just show you what is possible. >> the joys and sometimes the completely needless items that technology gives us. >>> next on this monday, proof of the danger firefighters encounter every day. some of them signed this violent building explosion. >>> plus, tiger woods, he's on a roll. ♪ [ jen garner ] what skincare brand is so

. >> rose: because it has to go through k street in part? >> right. it these go through k street. well said. >> rose: thank you, michael, good to see you. >> good to see you, sir. >> rose: michael porter from harvard business school and harvard university where he is university professor. these points you can see in the harvard business review reinventing america why america needs the u.s. to bounce back. thank you as always. backing in a moment. stay with us. reynold levy is here, he has been president of lincoln center since 2002 and will step down at the end of december. he's led lincoln center through expansion and growth, the completion of a $1.2 redevelopment project and the rest of the campus. the changes include fashion week studios for channel 13 13-and the process for redesigning fisher hall. i'm pleased to have him here. welcome. we are friends and i know saturday is a good time for you to catch up on this television program from your own testimony. let me do a bit of biography for you college where? >> hobart college. >> rose: then columbia law? >> columbia law school

k. street or wall street you can add a few new names to the revolving door list will discuss in just a moment. and new york city residents can still order that big gulp a judge strike down a ban on supersize sugary drinks but the case is far from over. personal rights versus public health concerns coming up. it's tuesday march twelfth pm here in washington d.c. i'm liz wall and you're watching our t.v. i began today with chaos in brooklyn after police officers shot a teenager dead two plainclothes police officers shot and killed sixteen year old kamandi gray over the weekend police say the brooklyn resident pointed a gun at them before they opened fire but some witness says dispute this last night around one hundred people took to the streets in east flatbush brooklyn to protest the teen's death. how. you. join. the demonstrations started as a vigil but as you can see it turned chaotic demonstrators voicing their anger at police they blame for the teen's death police say they responded after protesters threw bottles at officers in smashed windows earlier was joined by carl dix national leader

that is part of completing the rest of k street.additional businesses to old sacramento, the hearst of our city. >> reporter: the total cost of the arena project $447 million. the city's contribution, $258 million. the city would issue bonds supported by city parking revenues. and the investor group of burkle-mastrov-ranadivi will cover any cost overruns and share arena profit with city. >> i couldn't be more excited. i feel very, very good about this particular partnership that we have. it is strong. >> it's about more people coming downtown, seeing downtown, spending their dollars for meals, for socializing, for entertainment instead of spending those dollars some else. >> reporter: the city counsel will probably taking a vote on tuesday night and it's up to the nba and the owners of the sacramento kings and hopefully the nba will like the presentation by the sacramento group and influence the maloofs, the owners of the king to sell to the sacramento group rather than the seattle bidders who already have a deal in place. in sacram

that is part of completing the rest of k street.t is part of adding additional businesses to old sacramento. the heart of our city. >> investment group consists of a billionaire. the council must approve the deal in order for the city to present the proposal to the nba next week. the league is scheduled to vote on april 18th. the deal that would relocate the kings to seattle. >>> ooze the easter bunny gets ready for -- as the easter bunny gets ready for its big day what will yours look like? >>> wild day on the hardwood. day when a giant fell and a cinderella continues to dance. >>> another enjoyable day in the forecast this morning. waking up with a little bit of patchy fog. it is a chilly start. >> stanford begins its run in the women's 2a basketball tournament. they will host six seed tulsa. if all goes as planned they could take on second seed cal on april 1st with the winner advancing to the women's final four. the cal men's sweet 16 dreams were put to rest yesterday by syracuse. if >> syracuse. good luck. you will run into som

we go to k street to this italian restaurant. to each other like they do to all the men and their nieces. so we're sitting there eating. and he ordered veal poached in chicken stock because he had had just had quadruple bypass, which was hot. so we're having a nice enough time and we're driving home. we're going over memorial bridge and that's not the way back to my apartment. i go larry, where are we going? he goes my place. [ laughter ] and i was like oh mother of god. oh, god. and i'm like dear cosmo, what do i do? i was only 30. i just could not figure out how to extricate myself from it. so we go to his apartment. we walk in, it's covered with proclamation larry king day, keys to every city in the country. like all over his apartment. that was sexy. >> jimmy: you have to be careful because you could have been like his 13th wife. >> i know, darn. so we sat there and, what can i say, he lunged. >> jimmy: incredible. >> i love larry, by the way. i do love him. >> jimmy: of course, who wouldn't want to have sex with larry? >> i

representatives who sit back clipging glasses -- clinking glasses, lining their friends' pockets on k street wall street? >> no! >> or do you also foresee a better future? >> yes! [applause] >> do you want fighters who will stand on principle defending our freedom? [applause] our constitution is worth fighting for because freedom is worth fighting for! [cheers and applause] and our principles, our principles are worth fighting for because our principles will be a better future for all americans. [cheers and applause] tea party patriots wanted principles fighters. at cpac 32 years ago ronald reagan attributed his victory to a set of principles, principles which were protected and nourished by a few unselfish americans through many grim and heartbreaking defeats. the reality today is grim and heartbreaking. we have so many reasons to be encouraged because we have unselfish americans around this country who are protecting and nourishing our principles. [applause] examples, examples like senator rand paul -- [cheers and applause] congressman louie gohmert. [cheers and applause] and a few steadfa

. >> gary k, on wall street we talk about this all the time.hen we talk about bubbles it's hard to argue at a trillion dollars this might be the biggest one out there. >> well, ends up getting on this little wheel, as you get more money in tuition goes up. when tuition goes up the government says we need to give more money because tuition has gone up and then it keeps going around and around and you end up in the cycle and never ending, and it costs too much for education. >> and it is a bubble. >> and adam, here is the thing at the end of the day right now though, parents are having to bear the brunt and to charlie's point and dagen's-- >> i haven't made a point yet. >> you nodded, but the point is. (laughter) some point maybe the taxpayers are going to have to pay for all of this. >> well, taxpayers actually are paying less, which was the point. states are cutting funding dramatically. i don't think there's a causal relationship here. >> you mean the federal government's not backing these loans? the federal government is not backing these loa

>> reporter: what happens when main street meets k street handsome politician tries to take away a special, the lobbyists from the churches, the manufacturers, agriculture, they swarm the state capitol and do what special interests do what they are threatened, they circle the wagons to protect the bottom line and kill the deal. >> authors the industries we should be working to protect and enhance rather than reupbd der with the negative impacts that would come from the governor's tax proposal. >> reporter: the governor says he'll try next year. when you here about tax reform the administration says it wants to close the loopholes. washington has been doing it for decades and the special interests fight back. bill: thank you, martha. martha: we are told that the snow is starting to pileup in washington, the same storm that caused a travel nightmare across the midwest. of it is now hitting the east coast. there is iowa, look at that. who is the nation's capitol handling it? we have an idea. we'll take a look. bill: if you're heading there you may want to scratch the white house off your tour

with that concept is make the special interests the district and state and not the lobbyists on k street who are sheling out thousands and thousands of dollars to democrats, republicans, presidential candidates, senate and house candidates. let's find a way in which the special interests continue to lobby with their ideas, their thoughts, their talking points, but not with their money. and it can be a voluntary system if wealthy people wanted to use their own money, that's fine. janet napolitano who serves here in washington as head of homeland security, she is the only person in the united states to run for governor in arizona on the public financing system that was in place and she said to me one time, it was the first time she had a fund raiser in a poor neighborhood. because in order to qualify she $500 bills 2,000, so she can have average citizens participate to help her qualify. and when her opponent had the president of the united states come in, her public financing money could compete on television and radio. and once elected, she wasn't controlled by the oil interests or the he

we'll be looking at our prop k program to see if we can provide some of the paving funds. finally the 24th street bart station the northeast, southwest plaza, the construction is upgrading the plaza area. the project didn't score as high because it's a focus plaza. improvement as opposed to being a multi-corridor project. the next steps again, april 29, we'll 11 oh bag application and may 22nd we'll go through our process and the authority board hoping to get final recommendations to the mta. with that i will take questions. >> thank you just a quick question to the projects. the way you talk about corridor was different from balboa where the latter 3 didn't score well, man sell didn't say that. we are still in the design phase to discuss. i'm really interested in seeing that this can get funded and how can we make sure that actually happens. there is a great deal of support from all around maclaren park to see some major improvements here. what was the liked likelihood of that. >> i would take to you page 65. the table that outlines the projects. you can see right now with the funding amounts th

. >> on wall street, our 401(k)'s are having a nice time. we're up 57 on the session thus far. 14,500. traders reacting to the word the federal reserve will take more steps to boost the economy through the program of buying up $85 billion in treasury and mortgage bonds. but the trouble in cyprus could threaten markets. officials are trying to find a new way to keep their own economy afloat after the parliament rejected a bailout that would have taxed its own citizens' bank accounts. the banks are closed the rest of the week. >>> where are we with this situation? >> in a standstill when it comes to cyprus. the parliament is betting the european union and central bank will not cut them off for -- not going through with the plan to tax deposits. they have almost a week to negotiate. next tuesday is when the banks open up. in the back channels with russia on financial support, so it seems they're hoping they can find a stopgap. >> shepard: what i didn't understand was the real problem with this situation in spy russ is the russians, who have been laundering money, have stashed so m

k) investors. jane wells explains. >> well, bill, it's 3:42 on wall street, have you checked your 401(k) today?visitors hit online trading sites the first week of march, up 5% from the week before, up 46% in six months. people like reid rucker. >> they're all up. it's good. >> here he is checking his retirement accounts more frequently and moving money out of muni fund bonds into equities. >> i've never been trading in a market where the fed is this involved in the market, and i don't know what to expect when the accommodation that the fed has in place starts to wear off. >> well, join the club. wealth strategy adviser mark is seeing similar concerns develop telling investors, it's not about timing the market, it's about time in the market. the volume of calls has definitely picked up. amongst my clients. whether these relationships have been short-term or as long as ten years. >> on twitter we're hearing from a lot of people. @tommyjshort says, moved half of my 401(k) from equities to money market last week, got a bad feeling. a counter, added more risk to my portfolio, as long as big ben is h

this is across the street from eye k ikea. you see headlights widely spaced. good flow of traffic. speeds tougher to see on the peninsula side. also tough to see getting to the peninsula. san mateo bridge, there's the taillights from toll plaza camera. can't see past the toll plaza. you see again pretty good spacing. use caution across the bay area bridges. the bay bridge has a similar case and that richmond/san rafael bridge. bay bridge toll plaza where all lanes are backed up. metering lights are turned on for safety. no crashes or incidents on the span upper or lower deck. that's good stuff. we'll take you out to roadways again and see how things are shaping up east shore freeway. speeds dip a bit because of visibility. more issues off the carquinez bridge and throughout the north bay especially the north bay. santa rosa down through san rafael tough patches. back to you. >>> starting today one of nature's deadliest predators is officially under the protection of the state. the great white shark is now officially a candidate for the endangered species list. this means anyone who

. >> jonas, wall street makes people, if wall street goes up, people have more money in their 401(k)'s and they start to feel richer long-term, and the housing market seems to be going up. aren't those good indications for the economy? >> there is a wealth effect. in your 401(k) balance is higher thabefore the last crash. and it's cheaper, because we've eaten up this crisis, we through this. this record breaks out we're not going to have a depression like a lot of people are calling for, the negatives you're talking about are real and that's why we're not at dow, 18, 19,000, if these were gone it's not a wildly overpriced market. it's not tied to unemployment it's tied to earnings and that's a record high, therefore, the stock market, all other things being equal should be a record level. >> toby, it's often said that wall street has predicted six of the last three recoveries, it's not that great of a crystal ball. >> it's not. brenda. but remember, anybody who has watched this show as long as we've been doing it knows that the economy and the stock market are never correlated except,

. >> there is no 401(k) plan in the streets.he streets is a dead end. >> reporter: ceasefire employs 100 workers across the city. many are reformed ex-convicts like martin, who use their streeted cred and reputation as violence interruptores, intervening as mediators to keep conflicts from escalating. >> only way i can help say i'm sorry to the person i took his life was, is to save somebody else's life. >> reporter: ceasefire's director credits the program for fewer shootings and murders this year. >> they are down in ceasefire zones by 21%. >> reporter: chicago police say it is hard to measure the direct impact. >> all we have are anecdotes and we're trying to figure out if exactly it is working. >> reporter: ceasefire's director says one of the keys to preventing violence is to have the trust of communities they work in. if they're seen working too closely to police that could make maintaining the trust a lot harder. funeral services for that 6-month-old girl, jenialah watkins, are being held today, jenna. jenna: what a story

. >> there is no 401(k) plan in the streets. are a dead end. >> reporter: cease fire employs 100 workers across the city. many are reformed ex-convicts like martin who use street cred and reputation as violent interruptores to keep conflicts from escalating. >> evenly help to say sorry to i took the person's life it to stop taking someone else's live. >> reporter: they credit this with less shootings. >> they are down 21% the. >> reporter: chicago police say it is hard to measure the exact impact. >> we have anecdotes and we're trying to figure out if it is exactly working. >> reporter: cease-fire's director says one the way to stop violence but by working too closely with police or seen working too closely with police it can be maintaining the trust challenging. funeral services for the 6-month-old girl are being held this morning, martha. martha: what a rough situation. garrett we want to welcome you to the fox news channel family. thanks for being with us. >> reporter: thank you. martha: we'll be seeing lots of you. bill: fox

and another location >> a record number of people hit the streets of oakland today for the oakland running festival. 9100 competitors joined the 5-kfour person team relay. they were happy to see double the number of runners last year. they are usually new to the sport so there is an increase in interest in the race. women's winner set a record, finished in two hours, 47 minutes and 24 seconds. male winner is from berkeley, finished. >>> coming up video showing an aggressive shark penetrate ago diver's cage. a man watching the whole thing from feet away. one wrong turn leads to a rough ride. how a car ended up on a neighbor's roof. ♪ >> if you've ever been haunted by that song that gets stuck in your head, how scientists say how you can captor size those bad tunes. >> i'm leigh glaser and beautiful spring weekend. this up coming week we're >> ama: the supreme court will hear arguments on two same-sex marriages cases this week. they are deciding the constitutionality of proposition 8. it banned same-sex marriage after the state's highest court ruled it was legal. on wednesday the courted considers the defense of marriage act which d

k)? senior business correspondent and anchor of bulls and bears, brenda buttner has more, brenda? >> harris, the sequester is officially on, but wall streetng it off. a-okay for your 401(k). the dow less than 1% away from its all time high and broader market part of your retirement plan a record, too, 3% away from its highs. and the bulls have been running hard for a while. blue chips up 115% from their crash low some four years ago, why is wall street ignoring washington and its drama? in part because of the head of the fed is keeping money cheap, printing dollars to keep interest rates low. that makes investors choose stocks because bonds won't make you much, but the economy is not doing much either. we are barely in a recovery here and over there, things are worse. the euro zone and japan in on. that can't help, but hurt u.s. companies. there's plenty ahead that could make the bulls stumble a bit, too, friday's unemployment report for february is forecast to show unemployment still stubbornly near 8% and gas prices way up could put the brakes on consumer spending yet stocks are cheap. the price tag of the average stock and the s & p is

street. on the last trading day of the month, s & p which powers many of your 401(k)'s hit an all-time high. ue chips have been breaking records since early march and will main street follow wall street? the recovery is having a tough time. unemployment, while stubbornly high is falling, but more and more people aren't looking for work and many are working part-time when they would prefer a full-time job. and problems overseas could hit firms here. if the housing market is finding a foundation. corporate profits are strong and confident is up for consumers and companies. there is plenty to move the markets this week. the big number out friday, the most important read on the jobs market. the employment report for march. will the unemployment rate fall again? auto sales numbers are also out, and they can give a sense of consumer sentiment. another important measure of the economy, construction spending is released tomorrow as well. of course, as more americans put more money into stacks we will watch the big board. keep in mind while many say it's a crystal ball for the economy, others remind u

those wall street titans, seeing the biggest bonuses in years. and the modern american family's 401(k) nest egg, bigger than ever before. from an average balance of $67,500 in 2007 to $46,200 at the depth of the market in 2009. and now, higher than ever. $77,300 and climbing. so, when it comes to jobs, many americans are getting left behind. there are 2.2% fewer jobs today than back in 2007. 12.3 million americans are still out of work. so, if american businesses are flourishing, why aren't they hiring? we called the leaders of some of america's most profitable companies and asked them why they aren't spending some of their cash hiring even more workers. hello, this is linzie janis calling from abc news. those that got back to us stressed they were hiring. still, experts tell us companies are working leaner. outsourcing jobs to countries with cheap labor and using technology to replace factory workers. >> increasingly, manufacturing is going to be a matter of computer programming, software and robots. >> reporter: that's why experts say math and science degrees are golden these days.