wife bosses me around, mike k., i am completely powerless. that analyst is fails to designate even then because men don't feel powerful. >> host: never did or don't now? >> guest: there's only one the king of the hill. we feel that we have to be subservient to the bosses. i tried telling my male students they have all the power. >> host: the idea that was also privileged -- >> guest: we all take the 737. that kind of model couldn't really apply to men so then we have all these groups that sprung up in the 70s or so that basically said you know how you don't feel powerful? you are right created they have all the power to read or you have another group that says you know how you don't feel powerful, here is the power drumming and then you have all of them wearing power ties as if it were some kind of a fashion accessory. because it was meant to post tot fuel powerful but didn't this entitlement. you're supposed to feel this way but they don't who's fault is that. then when you move to who's fault is that that's why you should agree with me beca

k. not support. okay that, is predictable. mike lee from utah told fox today that deal was literally putting lives in danger. >> i can't vote for a bill that i fundamentally disagree with. >> ryan murray budget was billowed around reversing billions of dollars in cuts to the military. the whole of this deal was to protect the military. anyway, then there is this bit of tortured logic from marco rubio. he says he's opposing the deal in part because it would shut down the government ultimately. he said, that's right. he actually said that and you heard it right. >> i don't want a shutdown. this contribute and we're going to have a real shutdown. it's not because we can't pass a law but because we have a debt crisis. >> he also had this logic about being american. we all are, aren't we? >> why as a conservative do you believe this isn't a deal you can back? >> it's not just as a conservative, it's as an american. we're plagued by a government that continues to spend much more money than it's taking in. this is going on for a number of

mike? >> wednesday! >> but at the last moment, joe boxer rushed in to claim the prize for k-mart with bells on. >> i can't. i blush like 18 times just thinking about each of those bells. >> when we return, we will be ringing in the new year with the best in law making. >> i would not like them here or there. i would not like them anywhere. >> and the worst in law breaking. >> have i tried it? probably in one of my drunken stupors. >> as all the best and all the worst runs on. >>> in terms of politics, last january, everyone was saying at least it can't get any worse. but now with winter bearing down again, well let's just say expectations are falling faster than the temperature. >> for your country! or do you want to take it down? >> stand up for your country or do you want to take it down! >> they will say it is the mean old republicans. do you want to! >> they will say it is the mean old republicans. >> feel like i'm serving in the kindergarten. >> if you care about politics, this is got to be one of the crappiest years ever. no matter what team you are rooting for, at some point in politics, you just w

. >> actually, mike, if they don't taper, what else do we see? could k they talk about fresh holds?lk they should change the threshold particularly with the end of emergency insurance looming at the beginning of next month. but most people think that would be accompanying a taper, trying to talk the market, a big backup in market rate. however, there is some concern about the size of the balance sheet. it will go over $4 trillion this week, and the amount of excess reserve being parked at the fed, all the money the fed has been giving out, it's possible they could announce a cut in the interest they pay on excess reserves, basic equivalent to your deposit rate. that's a possibility, although not perhaps as much of one as a taper at this point. >> mike, thank you so much. now let's continue the conversation on today's fed statement and what are you expecting from the fed? >> well, there is a chance they could move it. we're not expecting to see anything. i would agree with that. it would be a major surprise, and part of that whole communications strategy is to try to guide the market

k across the board. i'm for that. to the news this morning -- >> mike has seven kids. >> you're touching upon one of the larger issues in our society today, it has to do with the growing inequality in our country that, you know, those of us who are fortunate enough to have the means to send kids to good schools, that they apply for early admission get into fantastic universities, those kids are going to be fine. but there's a whole group of other children in this country born into circumstances that used to be fine, middle class, but the middle class growth is so stunted in this country. >> lack prospect. >> that when you have a huge percentage of people in this land thinking that their children will not do better in this country than they have done, that's a real, real danger. >> by the way, that's the first time that's happened since polling began, that parents don't think their children are going to do better. >> it's not just the question of thinking. if you look at the economic mobility statistics, the ability of somebody in the bottom 20% to move

k up here but we were a pretty good team. >> how surprised were you when job roberts became the chief justice? >> the most interesting thing is they were close friends. mike sl the general counsel on the fourth circuit and i had no idea whom the president would pick because they are so smart and they are the same person and i think they would rule the same way. i was pleased for the country that either of them would be the chief justice. i thought perhaps it would be ludding because it would be perceived that michael would be more conservative than the chief justice is. in the southeast big use decision i think his genius showed. people watching will think i'm out of my mind. they were disappoint when had the obama care decision came down but now that it's a train wreck and the end game of lib ralism people will be able to study that for a hundred years and they will say what he did was right for the court, the country and ultimately the office course correction we're on. so it's a pretty brilliant piece of work. >> how much involvement were you in the romney campaign? >> i had no involvement in the campaign. when the governor wrote his book and he wrote

mike 64 years of age have no retirement savings. half the workforce has no employer-provided retirement plan. for those who do come at the in their 401(k)s to pay them a retirement benefit of less than $80 a month. financial security for many americans is in jeopardy. unless we reserve the current transit stagnant wages, no pension, social security will be more important and in many cases the only source for our families or loved ones. we have to make sure social security strengthened as a critical source of income they can rely upon. we also must help the american public understands social security is not just a critical piece of the retirement security, but also a powerful engine and our economy. state and local economies, businesses and workers benefit from every social security dollar paid out. at aarp, we just did a report, which i respectfully request be included in the record that on each dollar paid to beneficiaries generates nearly $2 in spending individuals, businesses, adding about $1.4 trillion in total economic output in the year 2012. this output generates tax revenues for state, local and federal government exceeding $22

k-cup or a freshly brewed carafe. ♪ turn any day gourmet with folgers gourmet selections. ♪ yes, i'm a jewelry store. and yes, i'm talking to you. mikejust any necklace. he needs a "honey, i love you even more than the day we got married" necklace. well, i don't want to brag, but my selection is larger than ordinary jewelry stores, with truly unique pieces you won't find just anywhere. making it easy for mike to find the necklace that tells his wife exactly how he feels. there. that's why he went to jared. >>> a very good friday morning to you. 7:56. i'm laura garcia-cannon. in about an hour b.a.r.t. and its two largest unions meet to try to avoid another strike. a costly proposal was rejected twice and withdrawn but a temporary worker misunderstood the markings on the document and rather than deleting it kept it in that contract. b.a.r.t. union leaders say a deal is a deal. it had been signed. berkeley police search for two teen suspect who is assaulted and robbed a cal student tuesday night. police say the suspect slammed a woman against a wall before taking off with her cell phone and wallet. let's check the forecast with rob maye

mike. happy new year to you. >> same to you. [ bell ] >>> it's the final trading day of what's been a banner year for your 401(kgher into record territory. the stock market has been leading the economic recovery. is dow is up a whopping 26% this year, the s&p 50029%, and the tech-heavy nasdaq up an eye-popping 34%. housing market is also roaring back with home prices returning to record levels in 10 of the 50 largest metro areas. and the job market has been picking up steam as well with unemployment down nearly 1% this year and nearly 2 million jobs added. here is what we can expect in the year ahead. cnbc contribute or the ron insana. happy new year. thanks for being here. >> and you, chris tep. thanks for having me. >>> stocks have showed great gains over this past year. do you expect that trend to continue into 2014? >> we're in what they call on wall street a secular bull market or long-term bull market that started at the very bottom march 9th, 2009. astonishing 160% gains since then. i think 2014 might be a traditional year insofar as the economy may accelerate, interest rates may move up, and that could