due primarily to the vision and the dedication of three people, george and charlotte schultz and mike myers. i'd like to pause to thank all three of them for this work. (applause) >> and in april of 1996, my last year as secretary of defense, i met one morning intelligence briefing at 7 o'clock along with general charlie. the previous day general hughes had briefed us that the chinese military were to begin extensive military maneuvers in the taiwan strait. this morning we were stunned to learn that they had fired two missiles that landed just 10 miles off the coast of taiwan. the taiwanese had a presidential election underway, and the chinese were using a not too subtle way of explaining to them what they wanted the outcome of that election to be. thises was an unacceptable form of military coercion and both the general and i agreed that a strong response was needed by the united states, something more than a diplomatic letter of protest. after some discussion we agreed to send two carrier battle groups to taiwan. within an hour the president had approved our recommendation and before the

whole program is the chairman of the san francisco fleet week association, general -- major general mike myers who i'm going to ask to come up and make is remarks. >> thank you, lewis. when i accepted the responsibilities for organizing san francisco's fleet week, the guidance given to me by our honorary co-chair was bring the fleet back to fleet week and make it productive with a mission. lewis has played a big part. i would like to introduce the third fleet commander, this is his ship, we're grateful to be on the ship and had the third fleet with us, please help me welcome vice admiral gerald beeman. >> good morning, everybody, thank you so very much for joining us. i know some of you thought i was the warm up band for the rock stars that are going to be here lately. but honestly it's a great honor to be able to host the third seminar. i would like to thank the san francisco fleet week association for helping put this together and grow this into the nation's largest emergency planning event. i don't know how many of you know it, but as a result of the success that we have had here developing

30 seconds on the clock with our next three guests, steven rosen and mike mcgreen of hightower and cnbc market analyst warren myersre answers right now. good to see you. steve over to you first, 30 seconds on the clock. what's your dollar trade tomorrow? >> we're watching the euro dollar. we think that's the most important thing. the equity markets the tail. we're being wagged around. all about central banks as jim was referring to you earlier on the show. we really think that right now the u.s. is the only central bank towards hinting at ending their quantitative easing so we think if the euro dollar breaks 133 we could see finally a selloff that holds in the u.s. >> thank you so much. mike, you're up, your case on why you think china is worth watching. >> with china's economic growth seemingly back on track and because the markets are closed all of next week for the newyear's holiday, we'll watch again tonight when they release their cpi data. this month it's expected around 2%. if they come in above expectations again, we'll watch very closely to see what the people's bank of china has to say about things like

mike? >> if you are headed to tahoe you will want to hear the live report and know interstate 80 is open without the chain requirements. 50 does have requests for that toward myers. the metering lights are on. the commute is on approaching the toll plaza. a look at the map and a smooth drive down the freeway. very slow now northbound approaching oak street. it sounds like a disabled vehicle or a crash. blocking two lanes northbound in your commute. very slow once you're past park street headed into downtown. 580, inasmuch clearer and easier. passing union landing into fremont. another shot out here and see we seal how things are shaping up. there is the delay. back to you. >> 6:08. coming up the rock star treatment on the road. >> it's trading microphones for bats. >> we introduce you to the man linking the giants to u2 ahead when we take you live to spring training. >> rocken on. sierra snow. yes, we are live with a look at the fresh powder falling on the slopes coming up ahead. >> taking a beautiful look outside. clear skies making for a cold start. will the sun warm things up? we'll check in with christina loren for a look at the forecast. >>> good morning st

myers. >> gretchen: he obviously knows she's still with an open mike when she said, can you believe this?g like that. >> brian: in a way, she was saying can you believe this because danica was supposed to be there when they tossed to her. and it was like, let me about find her and she wasn't quite there. i loved that. that's hysterical. bizarre. >> gretchen: did you see all the movies that took the top spots at last night's academy awards? there is a way you can do it on the cheap. secret discounts coming up next. >> peter: and it turns out america wasn't big enough for honey boo boo. the pint sized reality star is headed overseas now. wow. >> brian: america's exporting her. >> brian: quick headlines. so much for transparency. former white house press secretary robert gibbs says this, he was told to never talk about the administration's drone program. he said, quote, when i went through the process of becoming press secretary, one of the first things they told me was, you're not even supposed to acknowledge the drone program. you're not even supposed to discuss that it exists. too bad we