some of my best friends are millennials. nearly all of my producers are millennials. political science background jumps in. i just wanted to read this quote from rick pearlstein who wrote i think thoughtfully in response in "the nation." he writes "another scenario looks like this. young citizens motivated by left-leaning passions run into a brick wall again and again and again trying to turn their convictions into power." then you end up potentially with the opt out. >> that's right. this is the thing. one of the brick walls are some of the policies of the obama administration or the perception on the part of millennials that the obama administration is not really a liberal administration, more centrist or moderate nap's a brick wall. it will take politicians like elizabeth warren, people fighting the battles they see centering around equality and fairness, this is a generation deeply invested in the principles of america, equal access, no matter your background, your sexuality. there's a test here. i'm very excited about -- i love this piece because i'm very -- >> b

the millennials weren't following the iraq debate ten years ago. they were 10 years old then.really doing that. but they do have a deep skepticism of sort of washington and to watch -- and the question is, is washington going to figure that out? >> it's going to be a challenge. i mean, in the one respect you have a president who's won on the backs of millennials the last two elections. would not be president, wouldn't have won the iowa caucus in the begin without the support of millennials and he's still popular there. but his performance on issues and their views of his performance is where he's struggled. i think the trick for him is he's somebody they do have somewhat of a belief in, is to get them engaged. part of his electoral coalition but not part of his governing coalition. some of this is they see the government not performing very well and they see us struggle abroad and they're really -- you know, they think government's not the solution. >> actually, there's a longtime aid to the president who's said this to me. one of the things, he said we have to remind ourselve

if you look at the stats, we have the most educated millennials -- millennials are the most educatedn american history. yet, they are getting hit the hardest with jobs out of school. they're all getting, for the most part, jobs they're underqualified for. so i understand this frustration. i understand the fact they want their representatives to get them. >> let me ask krystal, they say, youth is wasted on the young. to some degree, influence is wasted on the influential. what we saw in this city was a lot of the leaders and influentials lining up behind different candidates. it was only this shift at the end, young people and the coalition toure's talking about, that changed the whole race. >> that's absolutely right. there are echoes at the national level, the obvious parallel to draw with 2008 where hillary clinton was sort of the anointed one and young people in this new emerging coalition came together behind barack obama and made him the eventual candidate. one of the things i thought was interesting and somewhat surprising to me in the piece was he points out not only are mille

why can't the millennial generation get that?> it sounds good in theory, but the problem is one of disposable income. they came of age several years ago. all they have really known is recession. and i speak from that generation as well. a lot of my friends have been through six, seven, eight unpaid internships. they're finally settling into the beginning of their careers. they don't feel like they have the disposable income to even put that money in stocks. they're paying for their car, their insurance, their lodging, and i they just don't feel like -- >> not even $500, the dollar cost average and start a 401(k) account? >> well, a lot of people have 401(k)s, but they have them in terms of their company. a lot of companies don't really provide that or don't match that anymore. so they're putting in a smaller and smaller amount. but i think that wage growth hasn't really grown the same as a lot of other cities and sectors. and i think that young people just don't feel like they have it at the end of the day. >> kelly evans, did th

is now you have people that are not millennial that are asking the same question the millennial just have to happen to be a group of people that showed up in america and all of a sudden government has disappeared there are no safety nets they experience deregulate a deregulated world where there is low to no wages they're low to no benefits they're low there's loads and no employment and so all of a sudden it's not just the millennial that are experiencing that but the millennial is are vocal about it and people paying attention say you know what there's probably some. and to all this and that's why you have a guy like you like de blasio in new york think about think about is not running against the current he was running number four he had the wall street go to guy the wall street darling bloomberg out talking about what a leftist he was every day and the public said so watch it who cares that he's a left is we need a change and obama didn't give us the change in clinton didn't give us the change and reagan didn't give us the change it's brilliant by this new generation that says yo

some people are saying the millennial generation is being a bit selfish.y want everything without the sacrifice. what is your response? >> i did move from my home to new york four years ago, and spent a lot of money to do that. but for me it wasn't that difficult. but when you are talking about the long-term unemployed, even the min inials have been unemployed for a long time. so we haven't been able to save enough to move and all of the costs that go with that, and just talking about subsidies, federal subsidies and whether that would encourage people to move, i feel like there are some states that are paying homeless people to move out. hawaii and new york have these programs where they pay people to get on a flight and move, and on the flip side, can you pay people to move for work? i don't know. it depends on do they know what they want to do for their job? and a lot of millennials don't. >> what does reduced mobility reflect in terms of the economy? >> that's a really good question. i think certainly just in the last five years it reflects a less vibr

but as millennials age up and build savings, i think we'll see again. >> so as millennials built up someavings, that was the key to buying a house. you didn't just grab all of the equity that you made in it as home prices appreciated, took that out, and risked your capital? >> absolutely, people used to have to save for a down payment, and so when they shop for a home, they spent a lot of time. that's what we call selection bias. they were very careful. they looked at the best neighborhoods, and because they spent so much time looking for that home, they tended to make very good choices. in the last cycle, everybody was rushing to buy homes, simply because they felt the prices were going to go up so fast that if they waited they would miss the opportunity. it was nonsense. and many people who bought at the top are probably going to wait another decade or more mortgage. >> right now it will take you 620 on your credit score at a minimum generally speaking to get a mortgage these days. the fact that mortgage standards have tightened, there are a lot of people that are very frustrated by th

tell us what these needs having a millennial generation? >> i don't think it's specific to the millennial generation. it happens to be the generation that grew up with technology. and i think i.t -- this is just they happen to live in this technology world. and you mentioned a few factors that influence social media such as self-presentation, the need for self-presentation, you want to be displayed in a most positive way and you want to belong to a group, you need to belong, those are various fundamental human needs. there is nothing wrong with having these kinds of expressions and the need for self-presentation is often associated with narcissism can neuroticism and some of the neurotic trades. but we have this basic human need to be accepted in a group and to be part of a group. so it's a very basic human need. the problem comes in if you over-use it. if just as anything, if you eat too much or drink too much alcohol or abuse too much sex, whatever that might be, that can become a problem. so within limits i see nothing wrong with it. it'

millennials don't want cars. in boston we've seen a 14% drop in the number of cars in the city because the millennials that are there now, they actually want to walk or they take the bike. that bike sharing program that we see in new york and in boston major cities, very big with the millennials. >> a real pleasure. one thing i have to disagree with you on, i bet you a pint that the sox don't win a world series. >> i'm game with that. this is their year. >> national tv. >> national tv. >> ain't going to happen. >> you said one pint? >> just one? >> come on. you're irish. >> thank you. thanks for having me. >> all right. still ahead, we are going to strum a tune with the ceo of songs. >> an then later on in the show we sent julia boorstin on a mission to find the next big thing in tech. yep, this is actually a thing. see what else she covered at one of the biggest tech conferences of the year. really cool stuff. ♪ ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirement

millennials as we discussed before, millennials are cynical. wanting to lift us. i think in a way, obama was that guy in 2008. and now he's was that guy in 2008. i think he's the guy who still wants that and he's constantly going like this, fending off attacks and fending off just utter stupidity and -- >> so there's that yearning, but then we get frank underwood, kevin spacey's character in "house of cards." >> still a couple points about president obama's speech, first of all. as somebody who supported him and went to iowa five times to knock on doors for him, before the caucus. if anybody raised expectations on barack obama, it was barack obama. so it's hard for him to blame someone else for that. now, to your point, carole, about the cynicism that shows like this breed, when we see the clash between our idealism and what a frank underwood looks like, i think we have to also think about what's going on in washington today. people are lamenting the polarization, you know, you have these far-right guys and nobody can get along with them. and,

we are talking about millennials and issues facing particular millennials. welcome to both of you.gresswoman gebhard, what is behind this? guest: good morning. thank you for having us here to talk about what we are excited to launch today, this futures caucus that we thought needed to happen to start conversation among our colleagues to build relationships and bring about solutions to problems that do not just affect us next week or next month, but looking at the next decade or generation, bringing in people from outside as well, adding them to the .onversation people that are doing the work on the ground to see how we can look at innovation within what the government does and also the community. host: what is the number of the other representatives that will be joining you? guest: it has grown from the time i came to congress five years ago. us under theur of age of 40 and in january we 20 republicans and 20 democrats, and what tulsi gabbard and i have seen is an opportunity to bring a group together, who are singularly focused on bringing solutions, rather than hearing themselves

ben, the millennial generation goes 18- to 25-year-olds, more or less.talk to me about what are the major characteristics of this cohort? i really think our ability to connect using social media and all the other technology resources are really a strength and a defining characteristic of this age group. very good. alison, obviously, we have heard of the many challenges in the mental health area that this generation faces. can you describe some of those challenges for us? sure; this generation is facing mental health challenges that we haven't seen in generations past, and i think ranging from them growing up with instances like 9/11, columbine, virginia tech, some of the more prominent mental health and tragic situations have really just caused young adults to grow up in a different environment, in a different world. and at the same time, there's more awareness around mental health issues, and there's some more talking about it. and so young adults are little more knowledgeable about what they may be going through, what friends may be going through, a li

i couldn't echo america more strongly that there is this perception that the millennial generation isisaffected, disengaged. not disconnected. more than 40% of millennials have volunteered and donated to something they feel passionate about, whether it was the haiti earthquake or a soup kitchen. they are the most engaged generation since the great generation. and another way that manifests is yuck people raising their hands and saying i want to participate. >> this millennial thing, is there a minimum age for entry? i'm 48. die have do i have a prayer or not? or am i done? >> we could make an exception. >> i think you could be a millennial, but you'd have to come in as someone who supports young people, to speak where they can be active causes of change. whether it's giving them speaking platforms. >> let's talk about what's happening in your country, kenya. a terrible terrorist atrocity. there was an ongoing battle with al qaeda and all its groups that attach itself to it trying dismantle government and society. what is your reaction having been there and talked to people back in ken

i'm trying to age into the millennial category. do i have a prayer or not or am i done?ld probably make an exception. >> i think you could be millennial but you'd have to come in as someone who actually supports young people and as chelsie was saying create as stage that allows them to move from being beneficiaries to where they were passive to active. whether it's speaking, training, giving them speaking platforms, you can come in. >> that's very kind of you. >> there's a terrorist battle going on, trying to dismantle governments and stability wherever they can. what is your reaction to what happened there having talked to people back in kenya? >> i think it's deplorable. it's sad. the fact that the people out there with w.h.o. are trying to tear down what we've worked so hard to build as a country, but the fact -- at least one of the things i'm taking away from this is i've seen kenyan young people come together and go out and the buss are not charging people if they're going in to donate blood. people are lining up to give food to soldiers and good food to the volunte

you're talking about the millennials.them up a bit. >> i hire a lot of millennials and i love them. i'm the mother of a millennial. even among my son's friends, you'll see that sense of entitlement. they went to a great school, they really think they know everything. what you have to do is teach them from the very beginning, you know what, this is entry level and you're going to have to start at the bottom just like everybody else and you may be ange answering phones and xeroxing. you have to be brutally honest in your interview and not paint it as you're going to walk in here and be a writer and an editor so they're not disappointed. you can actually find these great kids. a lot of millennials get dumped on which really bothers me and they are fabulous, but you have to bring them in the right way. don't overpromise, tell them the truth. >> neil, this is pretty new to you, you've only been doing this three years. conceptually i think it's genius but it could have gone very, very wrong if you didn't have the right people s

the millennial generation. people in their 20s and 30s are critical to the healthcare law's success. jonathan betz has more. >> reporter: stacey is all about healthy living. she works out daily. but not part of that healthy life. medical insurance. >> i don't need healthcare. >> she's starting a new business, a fitness hea fitness. >> i can't comprehend working for 35 hours a week where i'm bringing in after taxes $250 a week just so i can have health insurance that i might need once that year? >> reporter: it's people like her the affordable care act wants most. it needs 2.7. million of the 17 million uninsured millennials to sign up. enrolling young adult who is rarely need insurance is needed to cover the cost of older americans. otherwise premiums will soar. >> if we don't get a lot of young people to sign up this bill becomes much more expensive than the president thought it would be, and he losse loses a y key talking point, the selling point of this bill. >> the government says it will punish those who d

ben, you spoke earlier about some of the new media-or social media-that the millennial generation isngaged with. i suspect many of these messages that we're talking about can actually be transmitted through that social media, correct? correct. that is correct. i know for a fact that on using this social media, and mediums such as facebook, there are plenty of groups that support each other. young adults go on these messaging boards, and they'll post about something that they're struggling with and they'll get support from the community that's around the country. and you know, there's also twitter and instagram and all these other social media mediums where people can gain support when they're struggling with an issue. well, i want to come back to this because i think social media certainly lends itself for a lot of dialogue to take place and openness about that type of peer-to-peer support that we were talking about. we'll be right back. [music] recovery benefits everyone. substance use and mental disorders can be treated. it all starts on day one. join the voices for recovery. for i

we have this great mag nant to attract millennial age customers into our stores and now with slim fitnim, designer denim, we have great retail products that we can convert these rental into retail customers and see our business kind of bifurcated into two segments. >> he wouldn't elaborate on the plans for men's warehouse k and g business. the company has received offers and he's reviewinging them. they see the opportunities to add more full line stores and also testing outlets. we could see that in the future too. >> thanks. appreciate it very much. >> ty, over to you. >> all right. court, thank you very much. a look at the closing trades in the metals for this wednesday, september 25th. and there you see gold up $20 an ounce or about 1.5% at 1336.30. silver 2187, up about one and a third percent and not sure what we were showing you there, but copper higher by a half percent at 3.27. to the bond market now, rick santelli is tracking the action at the cme. >> rick? >> the five-year auction wasn't bad like yesterday's two-year auction wasn't bad. the market you can see looking at intr

more and more companies are meeting the parents when they hire young millennials.ll tell you why. >> coming up, power pitch. start-ups give us their 60-second pitch. >> i'm kay. my name is [ inaudible ]. >> we yif you go insight into the capital. >> politics is a terrible place to try to make money. >> do these founders have what it takes. >> are you in or are you out on elecnext. >> stay tuned to find out. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ >>> time now for our series the power pitch where innovators get 60 seconds to make their pitch and then our panel of experts will decide whether they have what it takes to become the next big thing. >> i'm mandy drury. on today'

millennials are very interesting generation.e genius of this effort with the bipartisan policy center and our commission is, how do we think about pathways for service to capture that sense of idealism? my own observation is it is a very pragmatic sense of idealism. very direct. that is why habitat for humanity is popular, or americorps or peace corps. direct impact locally in their communities where they can really make a difference. the good news is this is a generation with highly idealistic aspirations, a commitment to our country, but they want to see reality-based programs and solutions to do it. how we organize for that and prepare this generation is an important part of our task. >> karen? >> young people want to make a tangible difference. i spent the spring at harvard's institute of politics. a lot of young people are interested in public service. have questions about running for office and whether you really can bring about change. i was sharing with my colleagues earlier today that in my service in government, at the

so the millennial's are very service oriented.ur commission is, how do we think about pathways to service to capture that sense of idealism? my own observation is that it is a very pragmatic sense of idealism, very direct. that is why habitat for humanity is popular or americorps or score, direct impact in their communities where they can make a difference. the good news is this is a generation with highly idealistic aspirations, commitment to our country, but they went to see reality-based solutions to do it, how we organize to prepare the generation is an important part of our task. >> young people want to make a tangible difference. i spent the spring at the harvard institute for politics, and a lot of people are interested, and they have a lot of questions about running for politics about whether you can create change. particularly in the state department, i have the opportunity to meet some wonderful career civil servants and civil service people who have spent their entire careers and have done amazing things, and i do not t

. >> one of the fears may be at least for some people costs may go up, particularly many millennials buy into the system? >> that is definitely a risk, and that is what -- the architecture of healthcare reform is meant to encourage everyone to broodly participate so that we can all spread the risk and -- and share in both the good times and the bad times. >> john, we appreciate you joining us. it will be so interesting to watch, and we look forward to talking to you again. thank you very much. >> thank you. >>> coming up, have you ever wondered how much you are really worth? there's a new way to find out, where investors give you money now, based on what they think you will earn later. and it involves an algorithm. all of the details in "real money." idemic of overcrowding in women's prisons. overcrowding in >> the system is setup to do exactly what it's doing - to break people and to keep them broken. >> you probably heard of websites like kick starter help people fund people to fund companies. there are investors that invest in you rather than a project. >> reporter: ask nathan sha

but i think millennials in general, ed, are deeply invested in things about affordable care that we'reabout, with i is equal justice in this country for people who maybe can't afford it, will be able to now come into the system. all of the preventative measures here and those that are free, particularly things like mammograms, contraception, those things matter to millennials, both men and women and understand the shift towards preventative medicine and preventative health care is very important in terms of longevity. what you're seeing on the right and of the critics of the program right now is a desperate attempt to try to sabotage this one particular phase of it. right? because they've got to get young people into the system, just like any other insurance system, you have to have balance across the sort of risk propositions in order for the system to actually work. that's why you need younger, healthy folk in order for this system to work. and young people know that, ed. and the ads that target them, i think, are only going to make them respond in a more robust manner. >> joan walsh

we're living in the urban millennial more than fifty percent of the world's seven billion inhabitants now live in cities the numbers are increasing. with the promise of jobs and prosperity cities leo people from the surrounding areas the cities become mega-cities then evolved into urban landscapes. at the german aerospace institute in berlin technologies are being developed for effective mobility and safety in emerging urban landscapes. martin roux it works in berlin but at any given moment he's online in the transport control system and has a half a capital of the under way province with five million inhabitants one of the most rapidly growing cities in china the daily traffic demonstrates the problems inherent in the massive influx of new comers. despite all their oases of tranquillity more than one hundred fifty cities in china will have a population of some five million inhabitants by the year two thousand and fifty without proper controls this development threatens to cause supply and environmental problems as well as social unrest. when she has been hard on saddam and if lot of

we're living in the urban millennial more than fifty percent of the world's seven billion inhabitants now live in cities the numbers are increasing. with the promise of jobs and prosperity cities leave the people from the surrounding areas the cities become mega-cities then evolved into urban landscapes. at the german aerospace institute in berlin technologies are being developed for effective mobility and safety in emerging urban landscapes. martin rue it works in bulletin but at any given moment he's online in the transport control system and has a with a capital of the under way province with five million inhabitants one of the most rapidly growing cities in china the daily traffic demonstrates the problems inherent in the massive influx of new comers. despite all their oases of tranquility more than one hundred fifty cities in china will have a population of some five million inhabitants by the year two thousand and fifty without proper controls this development threatens to cause supply and environmental problems as well as social unrest. in france in his mission hartmann says ar

we're living in the urban millennial more than fifty percent of the world's seven billion inhabitants now live in cities the numbers are increasing. with the promise of jobs and prosperity cities leo people from the surrounding areas the cities become mega-cities then evolve into urban landscapes. at the german aerospace institute in berlin technologies are being developed for effective mobility and safety in emerging urban landscapes. martin roux it works in berlin but at any given moment he's online in the transport control system and has a say capital of the under way province with five million inhabitants one of the most rapidly growing cities in china the daily traffic demonstrates the problems inherent in the massive influx of new comers. despite all their oases of tranquillity more than one hundred fifty cities in china will have a population of some five million inhabitants by the year two thousand and fifty without proper controls this development threatens to cause supply and environmental problems as well as social unrest. when she hears from hans as i am and if lot of talk

they are talking about mutual fund companies to market to generate x and the millennials. >> that's our show today. i am ali velshi. i will see you next time on "real money." >>> this is al jazeera. >> hello. welcome to the news hour life from al jazeera newscenter in doha. i am steven cole. these are the main stories this hour. the arab league meets after president obama decides to wait after launching a military strike. >> discharged from hospital, former prime mer sister ken rudtries to raise selection. and david frost, the man who

we're living in the urban millennial more than fifty percent of the world's seven billion inhabitants now live in cities the numbers are increasing with the promise of jobs and prosperity cities leave the people from the surrounding areas the cities become mega-cities then evolved into urban landscapes. at the german aerospace institute in berlin technologies are being developed for effective mobility and safety in emerging urban landscapes. martin roux it works in berlin but at any given moment he's on line in the transport control system and has a say capital of the under way province with five million inhabitants one of the most rapidly growing cities in china the daily traffic demonstrates the problems inherent in the massive influx of new comers. despite all their oases of tranquility more than one hundred fifty cities in china will have a population of some five million inhabitants by the year two thousand and fifty without proper controls this development threatens to cause supply and environmental problems as well as social unrest. once in his mission hopkins's arm and if lot

. >> reporter: now, there is going to be a huge amount of outreach in the coming weeks to millennialsers on how to research their options and how to sign up. not signing up will cost you. starting next year, the penalty for not being enrolled in a health plan is $95 or 1% of your income, whichever is greater. >> maybe that is the incentive because healthy young people when they look at cell phone or healthcare they are going to pay for the cell phone. >> reporter: but otherwise, they are going to pay in the long run. >> with the penalty. one way or another you, might as well get covered. >> thank you. >>> now a look ahead at what's on the "cbs evening news." scott pelley is in new york. scott. >> reporter: hi, allen and liz. great to be with you in the bay area. well, as you have been reporting kenya now says that the terrorists at the shopping mall have been defeated but apparently not before part of the building collapsed. they are still looking for the missing and counting the dead. our correspondent is at the scene of this breaking story. plus, at the u.n. today, the world watched