who have done the most to save african american lives in new york city were rudy guiliani and mike bloomberg. actually saved thousands of lives by focusing on crime in a very intelligent way candidly if chicago were to be as aggressive as new york you'd be saving hundreds of african american lives a year in chicago. >> schieffer: let me ask you about something going on here in washington this is the situation that's grown up around congressman steve, part of republican leadership in the house who turns out that what is it 12 years ago he made a speech to a white supremacy group some democrats saying he ought to leave. speaker boehner says he's standing with him. i don't think that this helps the republican case in any way what about congressman scalise. >> first of all i admire your professionalism. you went through that without breaking up. the president for years went to church who pastor said hateful things about americans. the president says he didn't hear any of them. we all gave him a pass. gave a great speech in philadelphia, we got it. he went to that church a long time. listened to

and mike bloomberg and cuomo's son. here's more. >> hello, john. it was a very powerful and personal and poignant funeral for mario cuomo. >> reporter: the coffin was brought down the steps of the church in manhattan. they gathered to say fare well to a liberal icon. ♪ ♪ >> reporter: it was the sounds of the bagpipes that the flag draped cofin was brought up. among those attending is president bill clinton and his family and the current governor andrew cuomo and his wife and children and 14 grandchildren. years old when he died on new year's day. and his son andrew took to the pulpit and talk about his father in an intimate way saying he started as a lawyer fighting city hall. and sob of an immigrant and an outsider who he said was his edge. his father was energetic and loving and a man of integrity and resisted the liberal label and called himself progive. he wanted government to always be for good. mario cuomo was at peace of who he was and how he saw the world. this made him anything but a typical politician but he was not really a politician at

here is the thing though mike bloomberg is not remembered in terms of his mayorial tenure being in bermuda during the storm. but michael ducascus was turfed out after the blizzard of '78 and he did well with that one. marion barry played no price for the super bowl snowstorm. even john lindsey, he was pelted by snowballs and they named the snowstorm after his incompetence in 1969. later that year he was reelected. tonight, new york city and boston may get some of the largest snowfalls they have experienced as cities. the range of cities runs from philly to maine, hitting every major northeast city on it's way. what does it take to be good at governing through like this. joining us now is steve kornacki. i mostly wanted you here because i wanted you to see the michael ducaucus -- >> i loved the sweater. >> he is a von trapp. >> is there a gold standard for municipal governance and leadership for storms like this? >> i think there is two components of it generally. the ones seen as doing it successfully. one is that things have to run smoothly. to a certain expect that is not in your control

stop, question, and frisk, which under the previous administration my predecessor ray kelly, mike bloombergn the election in which mr. de blasio came from literally last place to first place and was elected, significantly it was around the issue of stop, question, and frisk, which really came to the forefront in that election. his position, one i supported the practice of stop question and frisk expanded too much the previous several years. like a doctor who treats you with chemotherapy -- if he gives you too much he will kill you, even as he's trying to cure you. even as crime goes down dramatically stop, question, and frisk numbers went up to radically. the result of -- i think mayor bloomberg, who is passionate on the issue of guns and reducing gun violence, an anti-gun crusader, became convinced that one of the ways to control gun violence was to do stop, question, and frisk. unfortunately, that's 10% of the reason why they stopped people. they stopped people for a whole number of other issues. but the defense of stop question, and frisk as a principal means of getting guns off the stre

people said gsh e -- i mean ray kelly said it, mike bloomberg said it. the reason crime continues to fall, the reason crime is so low is because of this tactic or we stop people in the street, we question, we frisk them. if you get rid of that, all hell will break loose. this is only one year, but the mayor gets to say at the end of this year, that's not true. >> it didn't happen. at some point, it would be nice to hear a few people say actually, you know what, maybe i was wrong. but the analogy i like to lose is it's not letting the lid off of this boiling caldron of urban decay. to some extent, woe eve turned off the heat. even i'm a little surprised. great, this is the reality we ooir in now. let's pat ourselves on the back and we'll go from here. >> what's the understanding? one of the things, i think, i was i always was curious about was the perspective towards the practice. there was some who like it. obviously, some participated in the lawsuit that ended up getting unconstitutional. but a lot of your sort of run of the mill officers basically says

. >> which under the previous administration, ray kelley commissioner, mayor mike bloomberg, that in the election in which mr. di blasio came from literally last place to first place and was elected, significantly, it was around the issue of stop question and frisk which really came to the forefront in that election. his position and one i supported, that the practice of stop, question, and frisk had expanded too much in the previous number of years in that, like going to a doctor and et cetera treating your cancer with chemotherapy, if he gives you too much he is tryinghe is going to kill you as he is trying to cure you. as crime was going down dramatically, stop question and frisk numbers why were going onup dramatically. it was the belief one was causing the other that it was to reduce crime. i think mayor bloomberg who is passionate on being an anti-gun crusader was vince .1 of the ways was to use the stop, question and frisk. unfortunately, that's about 10% of the reasons why cops conducted stop, question and frisk. they saw people -- stopped people for a whole myriad of other i

during the bloomberg years, mike was a great mayor and partner with us. but our tax dollars were cut in our budget was cut each year for several years. ultimately, we have been able to restore that budget line to where we think it should be, the right base. that in combination with fines and other forfeitures that we obtain from cases, i feel we are -- >> that is interesting. if i had not read about you -- you, i think it would have slipped by me, too. including the finds you collect. -- fines you collect. if you sue a financial institution and they pay a fine, you have discretion. >> it depends. it is more complicated, but to summarize, depending upon the nature of the partners and the nature of the forfeiture, a certain percentage of the dollars into come to our office. and we can spend those dollars under very strict guidelines which we have to submit a spending plan to the federal government and they approved or we do not. if they approve it, we can spend it on many things us up for da salaries. and a statute not as defined but we need to invest those

to help us out, we call in our dream team of bloomberg politics, lisa lare, mike binder, and day.we'll start with you. jeb bush who is getting dave to move to miami to start being in position to run tremendous campaign. tell us about jeb, his beggest -- his biggest strength, his biggest weakness, and something about his prospects that is being overlooked in terms of its importance to telling the tale of how he'll do. >> the best thing that jeb has going for him right now is the family infrastructure and his base in florida. i mean, this guy has infrastructure already in place to do 60 fundraisers in the last 70 days. he plays well in private meetings in the boardroom, an intellectual heavyweight, wows the crowds, wows the boardroom. but the problem will be when he gets in front of crowds and starts to have to answer questions on his immigration position, his common core position, that's taken on a life of its own in the tea party. one thing that's been overlooked is his interactions with the press and eventually perhaps with democrats. he's prickly, not as warm and cuddly as his b

mike huckabee in the field, rick santorum is a hard go. i do not know if he will run or not. we have seen the bloomberg politics poll, how badly he has done. mike huckabee is so much better a natural politician. rick santorum, the way he can for you to tears, that is not huckabee's problem. ted cruz has made a lot of enemies. one other thing about huckabee he has not made a lot of enemies. >> he is a likable guy. if you have never been to a book signing with the guy, you do not realize how much is fox career in radio career have helped him. >> people are amazed us just going around, you walk through an airport, just being intoxicated -- >> jeb bush here is another guy, plus huckabee rather than intimidating people out of the field, he amps up the contest in that lane. the more there is a battle among the conservatives, the better it is for jeb bush. >> sure, if you are in the establishment bracket against mike huckabee, you've been pretty strong. he is a skilled politician. he is skilled with media. but he has so much problem with the conservative base and the establishment. on economic issues, tax and

>> i do during the bloomberg years mike was a great mayor and partner with us and to me. but we our tax dollars were cut, our budget was cut each year for several years when i did my first term. ultimately we have been able to restore that budget line to where we think it should be. the right base. that in combination with fines and other forfeitures that we obtained through cases, i feel we are -- >> that's interesting. i think if i hadn't read about you it might have slipped by me too. including the fines that you collect. so if you sue a financial institution for something and they pay a fine, you have discretion as to how that shall did --. >> it depends. it's more complicated than that. depending upon the nature of the partners, federal or state, and the nature of forfeiture, federal or state, a certain percentage of the dollars do come to our office. and we can spend those dollars under-- on the federal side under strict guidelines which we have to submit a spending plan to the federal government and they approve it or they don't. and if they do, we can spend the mo

to discuss more about the jobs report is our bloomberg economist josh wright and also bloomberg stocks editor mike reagan. josh, the biggest thing you'll be watching for this jobs report is what? >> the number one thing is what will happen to the actual pace of job creation. 2014 was a great year on a 12 month moving average basis. this is the highest rate of job growth we've seen since 2006. the question is do we have an upswing at the end of the year, we had that upsurge to over 3 million jobs in november or are we going to go back to trend. >> and the feeling is? >> the expected tations is we're going back to that trend. if we turn up maybe the economy will overheat domestically. >> mike, we heard so many naysayers on this rally that we saw in 2014, but if you look at the jobs picture it seems to make perfect sense that we would have rallied. >> josh said it's been a strong year, really not a ton of huge surprises in the jobs numbers. i looked at the last six reports and the market reactions, it hasn't been a revolving reaction to any of the reports. the biggest move after jobs report was about

bloomberg news' editor mike reagan joins me. we will start with apple.company in the s&p 500? upgrade at credit suisse. this has to do with use of cash. >> apple is the biggest contributor to the rally. credit squeeze raising their price target to $130 a share, a 21% gain from yesterday's close. a big target increase. they have $155 billion in cash. they are about to announce a new capital return program. >> whether it is a buyback or a dividend -- >> they are using a huge number. credit suisse also looking at the trends in iphone sales. they raised estimates for-sales for this year and next year. saying the iphone 6 is a better profit margin product for them and the higher storage devices are helping profit margins. it is a mixed call between fundamentals and potential for a buyback. >> key price point is higher for the six. today's game is a reversal from yesterday's move down. just under 112. what about amazon? and upgrade at citigroup. we saw the stock moving in the premarket. >> whenever you see a stock with an attractive evaluation they're talking

we will talk to mike jackson about the games and get an outlook for the new year. "bottom line" on bloomberg television continues in just a moment. ♪ >> john boehner elected -- reelected speaker at the house with 216 vote but not from hearing from a small but noisy group of conservatives who opposed his third term as leader . our things off to a bad start in an already gridlocked washington ? joining me to discuss is peter cook on capitol hill. our white house correspondent phil mattingly. peter, let me start with you. john boehner survived a vote for speaker but is he damaged goods as the congress gets underway? >> he did survive. this was a closer call than perhaps he and the rest of the leadership team had anticipated and embarrassment for john boehner. 216 votes is not even half. there are a number of house members not here because of the snow, problems with travel. some are as mario cuomo's funeral. at least 24 republicans in the house who voted for someone else or simply voted president -- present. that is assignee sign he will have to deal with the right flank going forward. embarrass

mike bender has a piece on jeb bush's maneuvering around washington. coming up on bloombergloomberg law. we will see you back here, same time, same channel. ♪ ♪ ♪ >> he is an uncommon breed in the world of enterprise technology. aaron levie is known for his colorful sneakers, his magic tricks and ironic tweets. but there is no underestimating his ambition to dominate business. he started building websites when he was 13, and met the kids who would become his cofounders in middle school. but unlike places like facebook and twitter where early infighting is legend, all four cofounders still work there a de

mike bender has a piece on jeb bush's maneuvering around washington. coming up on bloombergbloomberg law. we will see you back here, same time, same channel. ♪ >> hello, i'm pimm fox and this is what i'm taking stock of on thursday, january 20 2, 2015. the european central bank has unveiled a 1.3 trillion dollar bond buying plan to provide eurozone economies. mario draghi pledged to buy 60 billion euros worth. following the report, the s&p 500 erased its losses for the year but the euro fell to 111 year low against the u.s. dollar. larry thanks says to expect the euro currency to stay week. >> it will keep the euro week and i think a weakened euro will allow europ

runner-up, mike huckabee announced he is ending his show on the fox news now so he can focus on whether to run or perhaps not. for a closer look, whispering in bloomberg'sanager -- managing editor. press happy new year. >> who is mike huckabee trying to fool? >> what you mean? >> deciding whether or not to run. >> i think he has got to figure out his biggest challenge in every time he thought about running. he ran in 2008 and decided not to run in 2012. he looked at his is the. he thought in 2012, he needed to raise a decent amount of money to be competitive. that is the biggest question for him going forward. they think he needs to raise $60 million to be competitive and the question is whether he could actually do that. people on wall street and a lot of republican donor >> do not like him very much. >> are his chances better this time around? >> if he could get himself to the place where he could fund a run, he wasn't stored nearly successful in iowa in 2008. he has a huge base of the evangelical wing of the party. he did as well in iowa in 2008 than any republican has done in the caucus so he would be a strong candidate, conceivably. he's a very tal

mike they suffer a hangover for their choices? we will find out next. ♪ >> i am cory johnson and this is "bloomberg west."fter a year of rapid growth uber celebrated with its biggest night ever. a big day, there is no bigger day for a taxi driver, how did they do? >> uber just released the number and it was the biggest night in the company's history. some statistics for you. they gave 2 million rides which was in line with expectations. at peak, they were dropping off 58 rides per second and after midnight, more than 20,000 people downloaded the app. another thing that is funny as we learned people in paris party the hardest. paris peaked after 4:00 a.m. >> no way. i know people who party and they are not in paris. >> san francisco had the wimpiest peak hour. 1:00 a.m. if you look at the numbers -- this is the city chart. san francisco was home early. >> for our radio listeners, this shows a big dip at about 11:00 p.m. and things go crazy at 1:00 a.m. in the west coast, we start celebrating when the ball drops in times square. you can see that 1:00 a.m. things get crazy and at 3:00 or 4:00, things are dea

mike allen when we turn. >> rose: funding for "charlie rose" has been provided by: >> rose: additional funding provided by: >> and by bloomberga provider of multimedia news and information services worldwide. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: we begin this evening from paris with bernard-henri levy the philosopher and author has says perhaps phases moments after the charlie hebdo attack. he warned the he this he should not follow the united states after 9/11 today a group blaming to hack when messages said american soldiers were coming watch your back. it happened as president obama was giving a speech on cyber security. there's many things to talk about and i begin with this question withlevy. when thinking about anti-semitism and the radical extremist islamic threat. the book that you wrote about daniel pearl, tell me what transand paris have gone through and the implications as you see them. >> france has clearly been under attack. attack on cartoonists, great journalists, heroes of freedom brotherhood, alliance solidarity and also maybe a sign tha

mike pence, but first, the richest appraisers in america have determined they need to shell out with their allies about $900 million for the 2016 election, and they are prepared to pay in cash money. our bloombergolitics campaign finance reporter is in our washington bureau, and she joins us now. no doubt, i think they can raise the $900 million. what do they plan to spend it on? >> i think that if 2012 is a guide, they will save those resources and pump them directly into the general elections. they do not typically dabble in republican presidential primary politics. they save their resources, and they will deploy them against hillary clinton or whoever is the democratic nominee. >> what about democrats? how are they reacting to it? do they think they have to raise the same amount of money? can they raise the same amount of money? >> that's a great question. democrats are talked to are reacting with a mix of fear and glee. glee because there's no better way to raise money than talk about other peoples money. we've already seen five or six pitches today from democratic groups mentioning the koch brothers, the $900 million figure trying to raise grassroots money to compete. >> thank you so much.

still to come, mike waldman will join us on tonight's state of the union. tune in to bloombergsion tonight at 8:00 p.m. eastern for a special edition followed by a bloomberg politics preview of president obama's address at 9:00 p.m. eastern. that's take a look at some photos making news today. number three, paris. demonstrators holding banners tonight gathering. the protest was against boko haram islamist who attacked baga after nigerian military fled the town. estimated 2000 people were massacred. >> i thought this was a really good pick because it is amazing to track the difference between -- this is what we're looking at misty international released -- amnesty released photos. read area shows vegetation. the difference between the response of the attacks in paris and the response of this has been deafening. >> number two in china, 12,000 square foot mansion was built using a 3-d printer in an industrial park constructed using a room size printer which measures 105 feet long and 21 feet tall that comes out multiple layers of premixed concrete which stacks to build walls. prev

mike pence, scott walker. >> all right, andy, thank you so much. stay with us. another check of the markets on the other side of the break. >> it is 26 minutes past the hour. that means bloombergelevision is on the markets. i'm matt miller. let's look at the big drops some wall street. the dow down more than 200 points. at one point it was down 326. this is a bit of a recovery. we are down at a level on the s&p that we have not seen since december 17, which was not too long ago, but still. it has dropped almost three quarters of a percent. the nasdaq down almost one and a half percent. the reasons why our wide and varied, but europe the euro at a seven-year low. oil falling below $50 a barrel at one point. caterpillar is the biggest loser today. the worst performer in the dow. that stock is at its lows level in nearly a year after j.p. morgan downgraded those shares. ♪ >> welcome back to the second half hour of "bottom line" on bloomberg television. equity markets continue to fall on this monday. let's go to the breaking news desk. olivia sterns has the highlights. >> oil having its fourth biggest drop, making for the biggest slump, still down by more than 3%. off 330, pretty

mike from index ventures. coming up, how the auto company is teaming up with technology companies to bring us the state of the art cars. we're talking with mark fields next on the best of "bloombergest." ♪ >> i'm cory johnson. this is the best of "bloomberg west." tech companies have been giving an unusual focus to cars, self-driving cars, connected cars wi-fi enabled cars. car companies are also paying attention to technology. ford opened an innovation company. matt miller was at the center of the action in palo alto with an exclusive interview with markfields. >> this is right for our business. we really want to be viewed as part of the ecosystem here. it just as the work that we do, we want to be viewed as part of the neighborhood. this is an area where it is a marketplace of ideas, and ideas come up in coffee shops. they come up in meet-ups, etc. for us to be here, we think it's important for us to drive innovation and drive a lot of progress that we have laid out. we want to lead in these areas. >> automakers and the media focus on the car and when i look around here sh and got a little tour a moment ago, it is clear that you are focused on a lot more than just that. >> that

mike volpi from index ventures. coming up, how the auto company is teaming up with technology companies to bring us the state of the art cars. we're talking with mark fields next on the best of "bloomberg>> i'm cory johnson. this is the best of "bloomberg west." with advancements in open source software, mobile, cloud computing, the enterprise business is going through massive change. the new kids on the block are leading the way. case in point, i.b.m.'s fall in sales, failing to adapt to the cloud despite billions of dollars in effort. >> this is right for our business. we want to be viewed as part of the ecosystem. just as important as the work we are doing here, we want to be viewed as part of the neighborhood because this is an area where it is a marketplace of ideas, and ideas come up in coffee shops, meet ups, etc., and for us to be here it is really important for us to drive innovation and drive a lot of progress in our areas that we have laid out where we say we want to leave these areas. >> automakers and the media focus on the car and when i look around here and got a little tour a moment ago, it is clear that you are focused on a lot more than just that. >> that's why we cal

bloomberg news. coming up a little later today on our companion network c-span, a discussion on the cyber attack against sony speakers. speakers will include former house intelligence chair mike rogers and the former head of the nsa and cia general michael hayden. see it live at 3:30 p.m. eastern. >> the c-span cities tour takes book tv and american history tv on the road traveling to u.s. cities to learn about their history and literary life. this weekend we partnered with comcast for a visit to wheeling west virginia. >> i wrote these books the wheeling family, they're two volumes. the reason why i thought it was important to collect these histories is that wheeling transformed into an industrial city in the latter part of the 19th century and the early part of the 20th century and it's kind of uncommon in west virginia in that it drew a lot of immigrants from various parts of europe here in search of jobs and opportunity. so that generation, that immigrant generation is pretty much gone. i thought it was important to record their stories to get the memories of the immigrant generation and the ethnic neighborhoods they formed. it's an important part of our history and most