mckenzie, if you start off the discussion. mckenzie: great, thank for having me. welcome, everyone. i'm not really sure where to start, although i guess we can pick up where senator cotton left off and talk about where the senate's going to go this week in the house with their budget resolutions as opposed to what's required and what's needed. it's a long way from even the president's budget to i think the kinds of investments that senator cotton has outlined that are required that are very similar and in line with the national defense panel. which we can speak more about in q&a. i think the biggest question on the table, or put another way, the elephant in the room is, ok. so $39 billion extra in overseas contingency operations spending or war spending to get the defense budgets in the neighborhood ballpark of where president obama has them. or a billion over, depending how you calculate it. how's that for defense? well, i'm here to say that as somebody who helped the national defense panel think through some of these issues, it's completely inadequate. it's not just bad budgeting

you heard david mckenzie pointing to exactly that. anna coren joins me now from kuala lumpur.here are very few clues as to what could have happened. where are we on the search effort? >> reporter: yeah, we have heard from authorities in the last few days that the search will continue but there is a caveat around that that of course being this priority search zone that is currently being scoured. 23,000 square miles in the southern indian ocean, 1,000 nautical miles off western australia. they are more than 40% through that area using four ships, sonar equipment. the terrain, as we know extremely challenging. we're talking about underwater mountains, volcanos trenches 4,000 meters deep. the concern, as you have referenced is that the families are fearful that if nothing is found in this priority search zone the search will be called off. yes, we heard from the malaysiaen prime minister this morning saying that the search will continue but when we press the transport minister a few days ago on that particular issue, he say, look we have to get to the end of this search reevaluat

if you're a betting person, go to vegas, you can tell them mckenzie sent you. it will be a number lower than what's being debated this week. when that number is finally appropriated and the president signs it into law, whenever that is it could be 2016 when that happens, it will be a number lower than the total amount we're talking about this week. so that creates all these wild inefficiencies in program managing. contracts are held in abeyance, awards are delayed or deferred or simply not granted altogether in anticipation of the chaos and uncertainty on capitol hill that's a second consequence. then the third is what the money can buy. even when the money is approved you can buy readiness but there's a debate how much more readiness certain components and certain services need at certain times, particularly right now. for the readiness crisis broadly speaking in the department there are pockets of incredibly high readiness at d.o.g. and that's good, great, i don't think anybody has a problem with that. you can only pour so much money into readiness over that

. >> reporter: mckenzie vazquez never thought she'd still be wearing a waitress uniform two years afterled to become a medical assistant. >> i'm far worse off than i was before. >> reporter: she says pushing enrollment counselors told her to borrow money for a program she says was a joke. >> i was being taught by students who were there a week more than me. >> reporter: vazquez was kicked out but the school kept her $30,000 in loans. now two years later its parent company corinthian colleges is no longer in existence sued for false advertising to students like mckenzie. >> i'm excited i'm going to school. >> reporter: who still owe for an education they never received. so they're refusing to pay. >> we're striking. we're not going to pay back these loans. and we understand the consequences. >> reporter: vazquez is one of the corinthian 15, former students from across the country all taking a stand and demanding their student loans be forgiven. susan martin dale of the consumers' union says while not paying a federal loan can have serious consequences, t

please welcome 11-year-old taxidermist mckenzie. >> mckenzie is from warminster bucks county she studiednd practiced taxidermy for the past two years and showed off some of her creations for steve. >> this is you and this is when you're -- >> you can see the full segment with mckenzie at 2:00 on the steve harvey show only on nbc 10. >>> coming up this afternoon, at 3:00, "ellen" is all new with madonna. and then nbc 10 news at 4:00 this afternoon new video into nbc 10 of a story we first brought you last week. a high paid high ranking local official caught on camera doing something inside the government building that now has him on leave. the story behind the video this afternoon on nbc 10 news at 4:00. >>> and we're hoping to hear back from penn state abington's administration later today to find out if there will be any disciplinary action against a professor arrested over the weekend. this is cell phone video of 52-year-old karen halnon recorded by one of the passengers of an american airlines flight from nicaragua to miami on saturday. the professor told our nbc station in miami by p

our david mckenzie reports. >> reporter: every chinese family resolves -- revolves around a child. they call her "little peach." like both her parents before her, tao is an only child. "once my cousin visited, and we shared a bed for a few nights," says her dad. "i really enjoyed that feeling, and i wished i had a brother." ♪ >> reporter: for decades, the communist party has relentlessly pushed its one-child policy. when propaganda like this didn't work, they used heavy fines and forced abortion to curb population growth. now some expert call the one-child policy a glaring mistake. >> china has already began to feel an unfolding crisis in terms of its operation change. >> reporter: the one-child policy gambled with china's economic future. the world's second biggest economy now faces a rapidly aging population and shrinking work force. in just 15 years, there will be more than 400 million elderly here in china. and many chinese feel that the one-child policy is out of step. so the party has changed its tune. pushing a new ideal family on tv with a daughter and a son. where more is

>> this is going to be technology we're definitely going to see more of, and this comes out of a mckenzie a lot of fully autonomous cars on the road and we could eliminate traffic accidents by 90% -- neil: do you know a robot wrote that report by mckenzie? >> a very smart robot. neil: you know, these self-driving cars are here, so they've just got to work their way into the mainstream. >> exactly. i've gone for a ride in the tesla d it can park itself. a lot of our cars these days have those little screens in the front where you can see where you're backing up for parking -- me neil all the screens in the world and my wife would still crash the car. >> oh, come on, i have more faith. neil: don't laugh at this, this is closer than you think. >> absolutely. the issue though is how it actually is executed and how it's regulated and human error versus robot error, if you will in self-driving cars, because that technology is very important. there is some concern, of course that hackers and those cyber criminals out there that want to do something bad could hack into software that would run dri

like 10-year-old mckenzie. what do you think of the smaller theater? >> uh -- rebecca: the owner says they are losing an asset, having to pull up stakes. >> i think it's oh most criminal why he has to leave the business. >> we are choosing to look at it as a sublease for five years, rather than the fact we are closing, which we are sad about. rebecca: the theater is now empty, but for the movie lovers, it was a poor flick, another "jaws," and "monty python." he says he hopes to stay in the washington area, but with the rent so high, it will not be in the district. he is hoping that college park may be the next place for an independent cinema. for now, the end of a cinema that has been here since the 1980's. rebecca cooper, abc 7 news. kimberly: so if he finds a place to reopen, that must be the happy peaceful stop people were protesting outside of a church today, calvary temple and sterling, former members upset about allegations of sexual abuse. the lot in county sheriff's office is investigating but not offering details. -- the lot in county sheriff'

david mckenzie is in beijing for us. anna was saying many families have been telling her that the timing of this report, it is insensitive, inappropriate. what are you hearing from families there? >> well, we've been hearing something different here in beijing. a lot of the family members saying they want the report because any bit of information that comes to them is for them useful if it brings any new light to what happened to their loved ones. so certainly that's not what we're hearing here. the prevailing sentiment is give us the information, give us the answers. but unfortunately, the answers they've been given, at least one family member saying the report for them is rubbish. they don't believe it. that's the prevailing sentiment, lack of trust there between the families and the authorities since very near the beginning of the saga. you know a year on and these family members don't know what happened. they were trying together to commemorate the anniversary at several locations around beijing, including a temple w

meet evelyn ann mckenzie, baby evelyn is first grandchild for "action news" reporter john rawlins andn and first child for their daughter kim and her husband travis. she was born yesterday. proud grand dad says she came just in time to cheer on his alma matter kentucky in march madness. congrats to john and his family tonight. >>> castle is next here on channel six. "action news" continues at 6:00 tomorrow morning with eva pilgrim, nydia han and chris sours. for walter perez, adam joseph, jamie apody, melissa magee and jeff skversky and the entire "action news" team, i'm sarah bloomquist. we will see you right back here tomorrow. there are two kinds of folks who sit around thinking about how to kill people--psychopaths and mystery writers. i'm the kind that pays better. who am i? i'm rick castle. castle. castle. i really am ruggedly handsome, aren't i? every writer needs inspiration, and i've found mine. detective kate beckett. beckett. beckett. nikki heat? the character he's basing on you. and thanks to my friendship with the mayor i get to be on her case. i would be happy to let you

heather mckenzie is his sra advisor.ra has loaned him a computer and given him some money so now he only works three full days. >> he has incredibly difficult circumstances, and yet he is rising above. he is going to school. he is on track to go to college. >> reporter: his big goal is to be able to help his parents. >> this is like a great opportunity to succeed and be able to help them just how they have taught me. >> if you want to help just head ♪ ♪ ♪ >>> are you okay? >> could we have water at table five, please? >> yes, i will get my water. >> the pollen count is up. >> i know. >> don't i know it. >>> . >> too nice a >> deacon: this feeling -- i got to know. i mean, this cannot just be me. are you feeling this, too? >> brooke: you know i'll always care. >> deacon: no, no, no. i'm not talking about that. i'm talking about what you said at the meeting earlier. >> brooke: i meant every word of it. you're very special to me, and you're the one person that i've really been able to count on. >> deacon: then i'm not crazy

to tell us if the republicans can succeed in raraising defense spending is mckenzie egelandnd john bennettome back to the show. john what a the repubcans trying to do, , and why? john: to tnd, publan leadadershipip are trying to buy the dense votes. 70 hse republicans -- maybe more they are tryrying to give some more defense spending in the war budget, not in the base budget. in r return, they want the hks to go to t the floor next week and votete for the b budget resolution and they need thr votes to pass i vago: oerwi, the hawks have made it clear, we will d derail the whole train. mckenz: this is about getting to unwinding. the problem is, ts is a play actionon fake for money. that is when to be the ceiling. that is not how much money is going to getpproiated. the dedefense hawks are going to ickly leararn th this is a deal wh the devi the money is n goi to bebe there at the end of the year. vago: wt do this tell us about how w thisntire play -- memechanically, vetan sherman veryipartisan chairman of the committee, is n surhow ththis isll gng to work. how ishis going to wo? generally, a

"the washington post" is reporting that floretta mckenzie died in silver spring. she was superintendent of schools in the '80s. she set a curriculum requiring students to master certain skills to advance to the next class. she was 79 years old. >>> next at 11:00, danger on the tracks. accidents caught on camera and a new warning about how many people are getting hit. >>> black mold growing inside a maryland classroom. why one concerned parent said it led to a child becoming agitated at home. >> he came home with a tantrum and started making all these things. >> an iconic business closing its door. we report on the final days of the cozy inn and restaurant. >>> and as we head to the break, here's a traffic alert. >> we do have overnight road work. 395 south. >>> a local school system is apologizing tonight after failing to tell parents that mold had been discovered in a classroom. prince george's county officials say it should have communicated that students were moved from a classroom at dodge park elementary after that mold was found in a wall. one parent told us

and mckenzie who will start us off, is a resident fellow at the center. she's worked on defense issues both here in the senate and in the house of representatives as well as in the pentagon. also secretary of defense and joint staff. mckenzie's served as a staff member on defense council, senator cotton endorsed today. >> thanks for having me. i guess we can pick up, where the senate's going to go this week and the resolutions as opposed. even the president's budget i think the kind of investments that are required that are very similar in line with the national defense panel. which we can speak more about in q and a. i think the biggest question on the table or put another way, the elephant in the room is okay, $39 billion extra in overseas contingency operation spending to get the defense budgets in the neighborhood ballpark of where president obama has them. are a billion over depending on how you calculate it. how is that for defense? well, i'm here to say as somebody who helped the national defense panel think through some of these issues, it's compl

. >> indian mckenzie. >> let's try another one of the promises, to make energy companies bill people on the least possible tariff. many of my constituents are paying hundreds of pounds more for energy. will the prime minister -- or will he wait until a labor government [inaudible] >> we have tried to cut energy bills. but the labour party -- party promises is a fee as prices are going down. they have inflicted damage on consumers by helping to keep prices hires -- higher than they should be. >> we are in leicester, where employment is down two thirds. businesses are investing in our country -- our county, but it takes a long journey to reach us by capital. the prime minister, will you support a campaign to join worcester? >> we have seen a dueling of more parts of the cotswolds railway line in them recent -- in the recent years, and an improvement in car parks. this is a vital rail system. we are hearing a lot from the shadow chancellor today. mr. speaker, the only thing lying and ashes is labor's economic credibility. [shouting] >> [inaudible] have shown that 40% of workers in my co

and mckenzie, who will start us off, is a resident fellow at the center. she's worked on defense issues both here in the senate and in the house of representatives as well as in the pentagon. also, secretary of defense and joint staff. mckenzie's served as a staff member on defense council, senator cotton endorsed today. >> thanks for having me. i guess we can pick up, where the senate's going to go this week and the resolutions as opposed. even the president's budget i think the kind of investments that are required that are very similar in line with the national defense panel. which we can speak more about in q and a. i think the biggest question on the table or put another way, the elephant in the room is okay, $39 billion extra in overseas contingency operation spending to get the defense budgets in the neighborhood ballpark of where president obama has them. are a billion over depending on how you calculate it. how is that for defense? well, i'm here to say as somebody who helped the national defense panel think through some of these issues, it's comp

. >> reporter: amy mckenzie turned on the tap sunday and noticed it immediately. >> it tasted and smelled very strangely. sort of metallic. >> reporter: she's one of hundreds of people who contacted east bay mud complaining there was something in the water. >> water tasting or smelling a little different than usual. smelling metallic or musty or earthy. >> reporter: the spokesperson abbey figueroa says it comes back to the drought. and to the river's salmon population. this year there wasn't enough rain to do both. so last week, the utility company quietly started pumping warmer, lower quality water from this tower to the east bay. >> what happens is that higher up in the reservoir, you have warmer water and you have water affected by sunlight and so sometimes you get algae blooms. >> reporter: even when filtered out that algae is leaving a bad taste in customers' mouths. about a million customers from el cerrito to oakland and san ramon. figaro are says they centrallabled to reverse their decision and now back to pulling quality cold water but this may only be the beginning. >> if the dr

and mckenzie, who will start us off, is a resident fellow at the center. she's worked on defense issues both here in the senate and in the house of representatives as well as in the pentagon. also, secretary of defense and joint staff. mckenzie's served as a staff member on defense council, senator cotton endorsed today. >> thanks for having me. i guess we can pick up, where the senate's going to go this week and the resolutions as opposed. even the president's budget i think the kind of investments that are required that are very similar in line with the national defense panel. which we can speak more about in q and a. i think the biggest question on the table or put another way, the elephant in the room is okay, $39 billion extra in overseas contingency operation spending to get the defense budgets in the neighborhood ballpark of where president obama has them. are a billion over depending on how you calculate it. how is that for defense? well, i'm here to say as somebody who helped the national defense panel think through some of these issues, it's comp

tom: he has a sterling track record, out of mckenzie -- monica: he is a well-respected ceo. my question for you, you are overweight on financials. brady dougan did not know how much capital he had to raise and the regulators were changing the rules on him so quickly. what makes you want to bet on banks? monica: look at how the stocks are reacting today. they are excited for something different, and we see that a lot across the board. financials are a sector that remain very unloved. when i talk about clients investors, i see people underweight. what happens remains to be seen. they could raise rates by the end of the year. tom: we will touch on that in a bit. olivia? olivia: coming up, apple has just unveiled its first entirely new product since the ipad. that brings us to our twitter question of the day -- will you buy an apple watch? tom keene will buy that $17,000 gold one. tom: can i get a chicken parm? please. ♪ tom: good morning, everyone. it is a dollars story, dollar strength, and we have major yen week this, now 121.88. let's get to our top headlines. here is olivia

. >> my name is john mckenzie and we have yet another secretary of state. what is your take on the latest secretary of state? >> john kerry? does that answer your question. no, it is sort of the same thing. you have the same sort of world view. he gets there and thinks he will visit the middle east and negotiate and allyienate people and their goal was to get an a deal with iran just to say they got a deal. but when you listen to the presidents over there who live in that part of the world it contradicts our policy and how they approach it. so kerry -- i don't think he is going to be able to advance anything. i don't think kerry is strong enough, i don't think this administration is serious enough to allow him to be strong and get something done that will help america's interest and prevent iran from getting a bomb. >> i thought you said secretary of state. >> i am looking forward to 2016. >> yes, ma'am. >> hi, i am noelle johnson. thank you for being here. there have been a number of books out about snipers and it seems like the seal community comes out ag

he is the color bearer for general mckenzie. and he gets a bullet right there. there is the bullet hole. suffered on the morning of april 9. the confederate right flank brigade is under william cox. and they are the furthest to the west for the confederate forces. and they end up running into these fellows. not these fellows, specifically but this guy's army. we saw this picture last night with mike. this is general edward ward. and he has with him to divisions of the 24th core, white troops, and two brigades of the 25th core, the united states color troops. these men -- and this is image of john peck. i didn't article about him in the last "civil war times" issue. they marched for 20 hours straight. they cover, depending on where they are in the line of march, between 30 and 35 miles. that is an incredible feat of marching. and when the confederate see this federal infantry approach, lee, who commands the cavalry is aware that with the federal infantry approaching, their plan to get through the federal cavalry is probably going to be moot. he does not like the

david mckenzie live from beijing, thanks. >>> although there are no official answers, there are theorysce journalist and author of a plane that wasn't there. he thinks it's possible russian hijackers sent the plane north. >> you wind up in kazakhstan. where specifically in kazakhstan it's hard to say. this data is not so precise. but in the area of a place called bikanor. other places nearby. it's hard to pin it down. what it does say if the bto value is spoofed, and it was not spoofed, you are winding up somewhere in kazakhstan. others say wise's theory there is highly unlikely. >> i think jeff should get an award for thinking outside the box. you have to make an awful lot of assumptions about beingable to manipulate some very technical issues on the satellite data unit. and furthermore, then you have to explain why none of the military radar operators in the northern route detected an aircraft. this is an aircraft with a 70-meter wingspan. this makes the b-52 look small. i can't believe the chinese, pakistani radar operators would let something like that slip through their radar net.

david mckenzie is following this for us. and david in beijing there. officials recently relaxed the policy so that people could go out and have a second child if they wanted to. but it seems that they're not so keen after all. >> reporter: who would have thought after three deckcades o this draconian policy. it is hated here in urban areas and some rural areas, which effectively made people change their ways of doing all their business, have one child. it's a massive experiment in social engineering, and now that they've relaxed the policy, some parents don't even want a second child. every chinese family revolves around a child. they call them "little peach." like both her parents before her, tao is an only child. once my cousin visited, and we shared a bed for a few nights, said her dad. i really enjoyed that feeling, and i wished i had a brother. but for decades, the communist party has relentlessly pushed its one-child policy, with propaganda like this didn't work they used heavy fines and forced abortion to curb population growth. now some experts

[indiscernible] manus: fascinating his take on the world ahead of him, is that he can apply the mckenzie to investment bank downsizing to a market in 2015. if i was sitting there i would be thinking, this is a very interesting take on the organizing an investment bank. back to you in london. francine: thank you so much. we were lucky enough to speak to him in london. it was unusual to have him come in and he was fairly tightlipped about it. guy: he is not afraid. he will get out there. he is a very bold character. francine: bold. guy: he did not answer any of the questions, but -- [laughter] francine: thank you so much, alex friedman. when you look at the world around you, bonds, equities what is fundamentally going to change the next two years? we mentioned china. a lot of ceos may be people that come from outside the business. what is fundamentally going to change the way that we do business in the next 2-3 years? alexander: if i knew that, it would be the silver bullet. francine: multibillionaire. [laughter] alexander: one question is what do we know. the known knowns, how is the u.s.

company corinthian colleges is no longer in existence sued for false advertising to students like mckenzie. >> i'm excited i'm going to school. >> reporter: who still owe for an education they never received. so they're refusing to pay. >> we're striking. we're not going to pay back these loans. and we understand the consequences. >> reporter: vazquez is one of the corinthian 15, former students from across the country all taking a stand and demanding their student loans be forgiven. susan martin dale of the consumers' union says while not paying a federal loan can have serious consequences, they don't have many options so they're taking it to the top. >> the department of education is the steward of all the taxpayer money in the form of grants and federal student loans. they're also the ones with authority to discharge those loans. they own the loans. >> there is fraud happening here and it's not being acknowledged. >> reporter: the students argue while one arm of the government sues corinthian for predatory loans, the other arm is propping it up and requiring students to pay back those l

jason mckenzie who brought we should say some fun props.irst, let's talk about the new -- this is the actual device. let's talk about -- as i get it on. which i've already learned how to do. this is the new device. let's talk about all the things that the phone offers that maybe the samsung or the iphone doesn't. >> absolutely. first thing is the design. beautiful. brushed aluminum back. really like a high end watch. because you have your phone with you all the time, you want it to be nice looking. >> this is the actual case. you can kind of hit it on the top. i showed it. >> that's the award-winning case. you can get information pulled up to the front without having to open up the case. >> let's talk about what the reviews have been. basically with the m9, what they're saying is it's a beautiful android operating system. globally, though, you do want to take on samsung which is the behemoth on the global market especially in parts of asia. are you seeing traction in those markets? >> absolutely. the company overall -- this year with the m9

>> on this september day, wheeler is scheduled to carry supplies from the camp to operating base mckenzie"preston, you've not made any pictures or took a video or anything in a while. why don't you do that again." >> so using a new camera that his mother sends him, wheeler begins documenting his day. >> that's new camera? >> yeah. i wanted my family to see the places that they'll never get to see in their life. >> he gets into truck five and joins a caravan of 12 trucks and their military escorts. with one hand holding his camera and the other holding the wheel, he hits the road. >> the town was dangerous. a lot of ambushes there. a lot of people shot. >> the convoy becomes a target almost immediately. >> knocked the hell out of us. told y'all we were going to get rocks. >> is everybody all right up there? >> they're in grave danger, and it's because the lead military escort took a wrong turn. >> evidently wrong. >> make a right instead of a left. we don't know it, but we're all going a dead end. >> unsure of what lies ahead, wheeler begins narrating the tape for his family. >> we made a

we have our stylist hoist also from philadelphia, camera mckenzie, she styles all of our new wigs. we usually come out every year with about 80 new looks. >> wow. >> we have been growing and doing so well. i'm so glad i beat all of the other girls to the punch because everyone is trying to get in the hairline industry and vivica fox is leading the way. >> that is right. >> some people have been tweeting how do i get in is this just for stylist or for what. >> it is for stylist but other people can come. 6:00 to 10:00 on sunday at crystal tea room. to have a chance to meet me, and take pictures have a good time, we have pop up booths and we have one of the local dj's from power 99. >> power 99. >> yes. >> they will be on with me. you cannot forget her. >> no, no. >> it will be a chain reaction stylist come in and then secrets and hair stores beauty shops. >> well, i'm just so glad that everyone has just embraced the hair care industry. it used to be so tab you to say were you wearing pensions and whatever. now i go and people asking me what is the name of that place. where do i get

reporter: paige mckenzie is the president of feminist united and wrote an op ed in her school paper about the chant. >> for people to think so mindlessly and if you think it's ok to say. to think that this type of violence behavior is ok that just demonstrates the culture that we live in. reporter: now school officials told me today that some members of that club rugby team said that many were not at this event that happened. but they said this was a team all 47 members, signed that code of conduct. and so the team had to go through this together. reporting live brianne carter, abc 7 news. leon: thanks, brianne. this controversy at the university of mary washington didn't happen in a vacuum. it follows high profile fra ternlt scandals across the nation in recent weeks. at least three fraternities have been suspended or outright disbanded because of actions or comments made towards women and minorities. alison? alison: leon we have an update tonight on that bloody arrest of a university of virginia student right outside of charlottesville bar. the university's board of visitors is applaudi

reporter: paige mckenzie is the president of feminist united and wrote an op ed in her school paper abouthant. >> for people to t

cnn's david mckenzie joins us live now from beijing. so i understand that these families had gathered in beijing to mark the anniversary of when this plane went missing. they also wanted to pay their respects at the llama temple. but then they were clamped down on by police. explain what happened here. >> that's right, zain. and certainly very disturbing to see the families trying to commemorate this one-year anniversary of their loved ones going miss and then being treated like this by the chinese authorities. certainly the families have faced harassment in recent weeks and months because they have been pushing sometimes quite assertively to get information from authorities. and that's at times been seen as a threat by the government here. the chinese government for its part say they will help the families in any way they can and push the search for this plane. but for the families, this is a terribly traumatic time. and for over a year now, they haven't had any closure. >> reporter: a mother relives precious memories of her son. she s

a year later, it made its way to new york city and san francisco, thanks to mckenzie brill. >> i knew there would be an appetite for something like this and san francisco would eat it up. >> an appetite for adults. >> letting your inner child come out to play. >> kids can come if they can't walk much less dance on two feet. in this building even the security guards get down. we run into more happy feet feet dressed in color. in fact you can spot the rainbow everywhere. from heads to face to toe, to no shoes needed. no alcohol either. that's a cup olcoffee in her hands. here it's smoothies, not shots. this is a sober party. >> these guys put together such a fun event that if you need alcohol or drugs, then you're not doing the party right. >> everyone is so happy to be here. you don't need to be on anything. some fresh juice and you're good to go. >> once you're in you have four hours at your fingertips. leave whenever you want or have to. >> i was asking you what time it is because i have to go to work i have to be there at 9:00. >> tons of friends are coming from santa cruz to the pa

and mckenzie thinks this is not a $10 billion market, but perhaps a $400 billion market.hat's what avi said, you've got to look way down the line for this. and again, a tesla story. you've got to have a little faith. great to see you, kathy, and what an important day for you to be here as we are hitting nasdaq 5,000. yeah, let me just -- oh, wouldn't you know, my computer's down. nasdaq, 5007. five minutes to go, yes, it's been 15 long years since we saw that number. can the nasdaq close above it? looks like it will now, but a lot could change. nasdaq not alone, the dow and the s&p 500 also on track. the bell rings in just now make it four and a half minutes. stay tuned. ♪ [ male announcer ] you're smart about protecting your identity. but you can't control everything. it seems like every day there's another data breach, like this one in the news right now. according to a recent study, one in three consumers who received data-breach notifications became victims of identity theft. so be ready in case your personal information gets compromised with identity-theft protection

here's our david mckenzie. >> reporter: the family members of those on board flight 370, had planned some of them say they intimidated, normally i would be able to get through this area excuse me. norm 'i could, but through here are some family members, and they're not letting me get in. >> just come inside please. don't touch me. this is -- this is family members who are trying to grieve and you're stopping us 239 people died on this plane and you're telling me you can't come here to xhn rate. >> translator: i just want to know why the police are treating us like this. we're just looking for our families. why are they doing this? >> translator: march 8th last year my husband was on m--370. it was supposed to land at this time. he never came. eye just looking for my husband. >> reporter: though they wanted to come and commemorate after mh-370 has vanished they're basically intimidating the families. many of the families say they have been detailed several times by the chinese authorities. it's pretty tragic, a year on. david mckenzie, cnn, beijing. >>> extraordinary. 239 people on bo

he cut his teeth at mckenzie. he spent about 10 years at the acid management-consulting firm.hen he took a little break and worked where he was born, in the ivory coast. he spent about four or five years at the technical studies and development in the ivory coast and then he was appointed minister for planning development before leaving in 1999 following a military coup. in 2009, he went to prudential, ultimately becoming the head of prudential in the u.k. one thing we do know is he is close to the white house. treasury secretary jack lew tried to persuade him to join the world bank as the lead investment banker at the world bank. that did not work out, but it gives you a sense that he may have entrÉe into some washington circles as credit suisse tries to clear up any remaining litigation. he is close to the white house. that may help him. he has got to figure out what to do with fixed incomes, commodities, and currencies. you look at the stock price of credit suisse over the last year, down 18%, underperforming its peers. then there is the crucial question of it trading again

now, as the buzz at the mobile world congress dies down, tom mckenzie looks at some of the wonderfulou did not hear about at this year's event. tom: mobile world congress is coming to an end. we have seen the smart watches. what we have not seen is this -- johnny walker blue label. it is some pretty smart tech built in. it's nfc enabled, allowing the buyer to find out all sorts of things about whether this is a january bottle of johnny walker blue label. it gives you a list of recipes. take your phone, tap it and that is what you get. at the other end of the spectrum, this is by jujitsu. it's a scanner. i'm register. it scans my iris. within a few seconds, it opens the hpones. this is a prototype -- it opens my phone. from the security obsessed to the slightly self obsessed. you can get a 3-d printed image of your selfie thanks to this app. this is how it works. i am going to use lucas. i put it on his ear. press start. move around. his head like so. and on his other ear. so, this is what is captured from the scan. this is his face. then, moves on to the next screen before reprinted

. >> michael mckenzie saying this is the most unloved bull market since time began. >> totally agree. the walls of weary are fierce and wonderful. >> so we see this. let's bring it over here. you is euclidian march and within our economics, has janet yellen put us in a bubble? >> you can't say for sure whether you're in a bubble until after -- but i'm sympathetic to what bob is saying. i don't think that for example, rises in interest rates, judging from past experience, are going to cause the stock market to decline. i don't think -- that's sort of a test whether we're in a bubble. on the other hand, you can look at agricultural land prices and say that maybe they're in a bubble. so i think that that's not obvious that the stock market is the only risky asset that's susceptible to monetary policies distortions. what we've learned, is about 20 serious academic studies the past decade is that monetary policy does produce shrinkage in risk premium and this is a major concern in a lot of markets. >> bob, are you worried when the fed does raise rates and will it suck momentum out of the r

. >> well, from a fellow fraternity brother mckenzie learner.vices there. so, i reached out to him . i found out where it it was, and reached out to safe me and a organ weekend where we were all tree. everyone loves it so much we will keep coming back. >> animals are so grateful. so ryan, i want to you interest tuesday your human fraternity brother starting over here. >> this is michael. >> okay. >> and then over here. >> over here we have tyler. >> okay. >> in the beard we have mark kennedy. >> okay. ray, your time to introduce the animals who need homes. who is this right here. >> this is one year-old cinder, who has lots of energy and loves the snow. >> okay. >> looking for an animal to play in the snow with, there is your girl. >> this is the one. >> who is over here. >> this is blitzon who is two years old and he is a chihuahua terrier mix. >> look at how cute. >> this adorable puppy. >> we have zeka a hoist only three months old and he is, probably his first snow. >> he looks like he doesn't know what to make of it yet. >> poor guy. >> thi

if you're mckenzie or microsoft or google or you want to hire real talent, you pay them more because you really need that talent, so that you pay them more to offset the employment tax. if you're working the lumberyard in oregon or somewhere, where there's a surplus of labor, the -- you don't pay them more to offset it, so the irony is that it ends up hitting the lower paid guy and the lower -- the struggling industry more than it hits the person who's in the consulting or technology industry. so reducing those employment taxes are -- have many benefits. for example, 24 million people or 25 million people working part time now could very well be brought into the workforce. you could find people that weren't working to be brought into the workforce, so that's the good news. the question is, what are you going to use to provide the money to do that? and you know, i know the committee has looked at it. it's probably not possible. but who knows? they said tax reform wasn't possible in '86. you could take a dollar gasoline tax or you could take a carbon tax and use all that money to reduc

if you're mckenzie or microsoft

. >> my name is john mckenzie. we have yet another secretary of state. what is the take on the latest secretary of state? >> john kerry? [laughter] >> did that answer your question? it is the same thing. the same world view. get there and things he will visit the middle east and negotiate all these things alienate our allies in egypt and israel and accommodate our enemies in iran. their goal is to get some kind of deal with iran to say they got a deal but when new listen to benjamin netanyahu who just talks like it is because they live in that part of the world it contradicts our policies and how they are approaching. i am just -- i don't think he can advance anything. i don't think he is strong enough. i don't think the administration is serious enough to allow him to be strong and get something done. to help american interests and prevent iran from getting a bomb. i thought you said secretary of state. i am looking forward to 2016. [applause] >> thank you so much for being here. i am curious about something. there have been a number of books out. we ha