margaret carlson and lanhee chen debate the debt ceiling ultimatum. >> welcome back. we'll get to margaret carlson and lanhee chen in a moment. first, the fed begins tapering. for more, rich miller is here. let the tapering began. ben bernanke has entered his last lap. $10 billion of cutbacks and bond buying. more gradually. tell us what it means. >> he was like a magician at this. you make the coin disappear in one hand you fool everybody saying look at this hand, look at this hand. that is what he did. with this hand, he tapered. with the other, let's keep interest rates low. don't aattention to tapering, just the low interest rate. >> it was taper light. >> it was also taper light. the markets were unlike the middle of last year even suggesting -- in the middle when he suggested that record to taper, the markets went upward. it was a masterful performance by bernanke. >> get me the market psychology. they didn't expect it, did they? and they loved it. >> he diverted attention by saying you'll still have easy money. don't worry about this. two, the markets have adju

we will get to margaret carlson >> welcome back. we will get to margaret carlson in a moment.t, one of the biggest themes of 2013 -- money and politics. as we say, it is always there. this way it was in the republican party, too. i think that was the story to watch next year as well. we got a taste of what will happen next year when some the bigger as groups said they were ready to come out and get involved in republican primaries. they are ready to put their money where their mouth is. >> did they deliver? they are talking about a michigan race and one or two others. they take on incumbents? >> i think they have some key signs that they are involved in ready. they are healthy on mitch mcconnell in kentucky fight off a primary contender. >> mitch needs money badly, too, i know. >> it is mostly a symbolic gesture, i think. they are also helping mike simpson. >> speaking of money, hillary clinton who was outspent when she was outraised by barack obama when she ran for president in 2008 i'm a she is trying to make sure that doesn't happen if you runs again. >> she may not be read

margaret carlson and lanhee chen debate the debt ceiling ultimatum. ♪ >> welcome back.st, the fed begins tapering. for more, rich miller is here. let the tapering began. ben bernanke has entered his last lap. he said more but gradual. >> he was like a magician at this. you make the point disappear. you pull everybody and say look at this hand. [laughter] that is what he did. with this hand, he tapered. with the other, let's keep interest rates low. they pay attention to this low interest rate. also taper light. the markets were unlike the middle of last year even suggesting -- in the middle when he suggested that record to taper, the markets went upward. >> get me the market psychology. they loved it. >> he said there will still be easy money. the marks have been adjusted. long-term yields are up 1.6%. most of all, the economy is working with health. back in may, people said the economy is not that strong. now, it is strong. today, we got numbers. they revised up the third quarter. 4.1%. the highest since the fourth quarter of 2011. that's like a nice tailwind. >> the m

tapering.r on fed and margaret carlson and lanhee chen debate paul ryan's ultimatum. >> we begin the program with senator rob portman of ohio. senator, thank you for being with us. you were one of the republicans who voted for the small compromise on the budget, although you said it wasn't nearly sufficient. let me ask you this to start. was this a one-off marriage of convenience? or is this the start of maybe something -- some kind of collaboration? >> you know, it's been analyzed both ways, al, and i hope what it is, is a first step toward further collaboration, because our country's in trouble. you know, we have a fiscal crisis looming. we still have an economy that's too weak, and we need to work together to solve these problems. so i like to view it as a very small step, a baby step in the right direction. it did reduce the deficit a little bit. it did it without raising taxes. it kept us from going into a government shutdown in january, but also in september of next year. and finally, it put the united states congress back on track to do appropriations bills. >> let me get to s

. >> i always turn to margaret carlson on my portfolio hedging.e are pushing for tougher regulation. did anything happen? >> we don't know. the volcker rule leave so much discretion to regulators. elizabeth warren thinks banks are too big to fail. i think that is the next step. this is still an open question. >> thank you. i hope you'll come back. >> i would love to. >> i turn to the columnists now. does this help or hurt the presidential process? >> i'm not sure paul ryan wants to be president. i think vice president took away from his core strength which is the bulky details of budget policy. he likes to do budget stuff. he is very excited about cbo reports. >> megan is our philosopher king. no one runs for vice president who does not want to run for president. you can be both. this week you could see how ryan thinks and how do john boehner thinks. these compromises, if you will, they think they will take back the party. boehner's outburst is not angry as it seems. we, the chamber of commerce and the financial community, we are getting the party

margaret carlson and ramesh ponnuru debate obamacare's revival.gin the program with the former secretary of state, dr. madeleine albright. madame secretary.

margaret carlson and ramesh ponnuru debate obamacare's revival.the program with the former secretary of state, dr. madeleine albright. madame secretary. >> good to be with you. >> you paid tribute to the noble statesmen, nelson mandela.

margaret carlson and ramesh ponnuru debate obamacare's revival. we begin the program with the former secretary of state, dr. madeleine albright. madame secretary. >> good to be with you. >> you paid tribute to the noble statesmen, nelson mandela. you say you treasure the memory of your meetings with him. what is the most memorable? >> the most memorable was his modesty. he walked up to me and said, hello, i am nelson mandela, like you would not know. when he spoke at the general assembly session, he walked up slowly to that podium and he would take out his glasses and he would clean them and then he would put them on, then he would speak with a great cadence. i also visited him. as a human being, he was stunning. the more you knew the history of a man that had spent so much time in prison. for me, the most important thing about him was his forgiveness. >> no bitterness. >> no bitterness. >> you said his words and works will survive. when you look around the world today whether it is asia, the middle east, or africa, there is the anti-mandela force

margaret carlson and ramesh ponnuru debate obamacare's revival.e program with the former secretary of state, dr. madeleine albright. thank you for being with us madame secretary. , >> good to be with you. >> you paid ib

. >> i always turn to margaret carlson on my portfolio hedging.zabeth warren and others are pushing for tougher regulation. did anything happen? >> we don't know. the volcker rule leaves so much discretion to regulators. that may not appease elizabeth warren who thinks banks are too big to fail. i think that is the next step. this is still an open question. >> thank you. i hope you'll come back. >> i would love to. >> i turn to the columnists now. paul ryan architect of this budget deal that got through the house. does this help or hurt the presidential prospects question that -- his presidential prospects? >> i'm not sure paul ryan wants to be president. i think vice president took away from his core strength which is the bulky details of budget policy. he likes to do budget stuff. he is very excited about cbo reports. i think his natural role is more a lion of the house or senate than it is in the white house trying to manage all those people. >> megan is our philosopher king. libertarian who does not trust politics. no one runs for vice preside

and margaret carlson and lanhee chen debate paul ryan's ultimatum. >> we begin the program with senatorman of ohio. senator, thank you for being with us. you were one of the republicans who voted for the small compromise on the budget, although you said it wasn't nearly sufficient. let me ask you this to start. was this a one-off marriage of convenience? or is this the start of maybe something -- some kind of collaboration?

margaret carlson and ramesh ponnuru debate obamacare's revival. we begin the program with the former secretary of state, dr. madeleine albright. madame secretary. >> good to be with you. >> you paid tribute to the noble statesmen, nelson mandela. you say you treasure the memory of your meetings with him. what is the most memorable? >> the most memorable was his modesty. he walked up to me and said, hello, i am nelson mandela, like you would not know. when he spoke at the general assembly session, he walked up slowly to that podium and he would take out his glasses and he would clean them and then he would put them on, then he would speak with a great cadence. i also visited him. as a human being, he was stunning. the more you knew the history of a man that had spent so much time in prison. for me, the most important thing about him was his forgiveness. >> no bitterness. >> no bitterness. >> you said his words and works will survive. when you look around the world today whether it is asia, the middle east, or africa, there is the anti-mandela force

margaret carlson, my friend. thank you for coming on. >>> up next, steve colbert might have hit on why some republicans are against the budget deal. and this is "hardball." the place for politics. hi honey, did you get the toaster cozy? yep. got all the cozies. [ grandma ] with new fedex one rate, i could fill a box and ship it for one flat rate. so i knit until it was full. you'd be crazy not to. is that nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. where does the united states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds b

bobby brown, and margaret carlson.on't know if you laugh at the ridiculousness of it or stereotypical. i'd love to see you in court as a prosecutor asking this character, lee bright, strangely named nickname. he's called mr. bright by his friends. here he's saying he has obviously not observed somebody with the fingernails he thinks are really delightful or with expensive bag which may well be a knockoff for all he knows and of course, driving around in a very zippy car. i don't think he's ever watched anybody in a line at a safeway or a piggly wiggly or any place he goes shopping. i think it's all stereotyping and all the game -- it's called the dog whistle. we know what he's blowing. your thoughts? >> there's no question about it. it's all made up. let me tell you, chris, it's going to aid democrats like you would not believe. between now and 2014, if the republicans stick to the stupidity of all those misrepresentations and all of those fakes and they're forced to put their hand and show their hand, it's going to be

columnist for bloomberg news margaret carlson. matt lewis. >> good morning. >> let's get to serious news. we begin with a second bombing in russia. a city rocked by a suicide attack. 14 people killed in a suicide bombing on a trolley bus. 27 more wounded. it's a bombing on a train station that left 17 people dead, 40 wounded. the first caught on surveillance. the blast lighting it up. a female suicide bomber detonated it after she was stopped by a police officer. a separate car bomb friday killed three people 170 miles outside sochi. that's, of course, where the winter games are next month. they are approaching the mounting questions about security surrounding the games. joining us live from moscow is jim maceda. good morning. >> reporter: hi. that's right. investigators are involved. a major rail and bus hub for southern russia. it's a city you have to pass through to go to or from sochi. it has a real value. investigators issued a statement saying today's bus bomb was carried out by a suicide bomber. nobody claimed responsibilit

margaret carlson and ramesh ponnuru debate obamacare's revival.e program with the former secretary of state, dr. madeleine albright. madame secretary. >> good to be with you. >> you paid tribute to the noble statesmen, nelson mandela.

and margaret carlson and lanhee chen debate paul ryan's ultimatum. >> we begin the program with senator of ohio. senator, thank you for being with us. you were one of the republicans who voted for the small compromise on the budget, although you said it wasn't nearly sufficient. let me ask you this to start. was this a one-off marriage of convenience? or is this the start of maybe something -- some kind of collaboration? >>

margaret carlson, anna navaro, and gloria borger.k on the show he announced it and said he was reconsidering. >> the did use the word pledge. and she did sign a letter with the other women, democratic senators urging hillary clinton to run. today he used the word pledge, and i think that's a hard thing to get out of. should hillary clinton decide not to run, there is a large opening, people want a woman -- i think pledge is tough to go back on. >> hillary clinton is second after vice president biden. a lot of people have never heard of her. why do people like her? >> she said that financial melt down there was a culprit and they had to pay. there was 100 pictures of her on that cover, and we knew she was becoming famous, but there is that element where she is the only one that made it her business to come take on the banks. >> and i have to say, again, we're talking about 2016 and we're not talking about joe biden. with pundants and democrats for years. >> at least this week we saw him. we have not seen him be active on syria or iran

margaret carlson and ramesh debate obamacare's revival.e began the program with the former secretary of state, dr. madeleine albright. madame secretary

margaret carlson and ramesh ponnuru debate obamacare's revival.e begin the program with the former secretary of state, dr. madeleine albright. madame secretary. >> good to be with you. >> you paid tribute to the noble statesmen, nelson mandela.

margaret carlson, great to see you.hristina, thank you very much. >> we will be back in two minutes. ♪ >> you are watching "in the loop ." you can also watch us streaming on your tablet, phone, and on bloomberg.com. i am betty liu. >> on cory johnson. is 26 minutes past the hour which means it is time to go on the markets. fedhave the start of the policy meeting. certainly, investors eyeing what they say about tapering. of course, they will be announcing that tomorrow. on the markets again in 30 minutes. selling its connecticut wireline operations to frontier communications for $2 billion. the company is based in connecticut and will be able to provide services to residents in its home state. rolling out a new advertising system. selling videot ads to advertisers beginning this week. the videos will play automatically. one of them will be a short tease specifically made for facebook for the new movie "divergent." 90 4.5 million people will be traveling over the holidays this year, reaching a record high. 94.5 million pe

margaret thatcher passing and all of the news events. incredible. >> we have a special shoutout to you andy lehman and russ carlson.kids. - thank you for helping foster kids. - thank you for the school supplies. - thank you for the new shoes. - thank you, secret santa. - and thank you for donating money. female announcer: your generosity proves that while not everyone can be a foster parent anyone can help a foster child. - thank you. - thank you. - gracias por la ayuda. [baby chuckles] - thank you. >>> the icy field for most of the game had been green bay most formidable ally. >> "all that mattered" 46 years ago today. the coldest nfl game in history. the green bay packers hosting the dallas cowboys. the temperature, a kickoff for the 1967 nfl championship game. 13 degrees below zero. with more than 50,000 fans at lambeau field in wisconsin braved the big chill. players said the grass felt like asphalt. sportswriters nicknamed it frozen tundra. 13 degrees below zero. >> a lot of people needed a stiff drink probably. >> can we just put out energy for the super bowl coming here for 2014 is not like that. >> no. >> g