>> we did it. >> bobby moynihan!n away. [ cheers and applause ] >> bye! do not miss "saturday night live" this weekend. "sleigh bells" perform after the break. stick around everybody. ♪ that it's given me time toabout reflect on some of life'seen biggest questions. like, if you could save hundreds on car insurance by making one simple call, why wouldn't you make that call? see, the only thing i can think of is that you can't get any... bars. ah, that's better. it's a beautiful view. i wonder if i can see mt. rushmore from here. geico. fifteen minutes could save you fifteen percent or more on car insurance. for aveeno® positively radiant face moisturizer. [ female announcer ] aveeno® with soy helps reduce the look of brown spots in 4 weeks. for healthy radiant skin. aveeno®. naturally beautiful results. on its under 550 calories menu i was like, "what the what?!" then when i ordered it and actually tasted it i was like, "whaaattt?!" so yeah, i really liked applebee's under 550 calorie roma pepper steak. just another r

moynihan was in beller meant some more hoisting one or two having a good time. he wants at the lieberman your trouble with you is your state is too small and you can't hide in it. [laughter] moynihan would say oh he's upstate somewhere or he's down in new york this weekend. it's carlisle, having a great time. i don't think i can get away with that in pennsylvania. we don't have cosmopolitan senators in pennsylvania. that's my answer. if i could be a cosmopolitan senator and right for the digest once in a while, some important monograph once and while that would be great like moynihan was >> the question is how can we get equal time on your show and others instead of the presidential election of 2016 which is so much the focus now? how can we get equal time or more to the major issues such as the increasing inequality in our country? >> republicans are trying to reduce the number of debates because they think it's too much of a clown card. i'm just telling you. what do you want me to debate? >> sorry? >> what do you want me to debate that i'm not debating? >> eco

neil: both, lewis and main moynihan. >> i get along with them.osure -- i don't think they have any idea they would be walking into a firestorm of fat cat, name-calling antibank sentiment that has become the obama administration, if you, 88 jamie dimon with the ways part of the financial crisis and let off the hook fannie and freddy is perverse. neil: what is what happen had. fast-food workers, gearing up for nationwide protest this week over a higher minimum wage. not just a higher, try $15 an hour, more than double what it is nationally. for flipping burgers. we decide. we report, we make a mis mess of this, or is that them? we'll debate it out, next. grabbd before we even picked himp. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and adiums. but, of course, 's a good listener too. [ female announcer ] today cisco is connecting the internet of everything. so everything w

neil: both, lewis and main moynihan. >> i get along with them. i don't think they have any idea they would be walking into a firestorm of fat cat, name-calling antibank sentiment that has become the obama administration, if you, 88 jamie dimon with the ways part of the financial crisis and let off the hook fannie and freddy is perverse. neil: what is what happen had. fast-food workers, gearing up for nationwide protest this week over a higher minimum wage. not just a higher, try $15 an hour, more than double what it is nationally. for flipping burgers. we decide. we report, we make a mis mess of this, or is that them? we'll debate it out, next. [ male announcer ] here's a question for you. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energefficiency could help americans save $300 billion each year. take the energy quiz. energy lis here. take the energy quiz. so i can reach ally bank

remember the moynihan report. i just want to recall this. before theh was done 1964 civil rights act was passed or before the 1965 voting rights act was passed. this democrat, this bighearted liberal democrat decides that the primary problem of the black community, before we are even -- fullvice and, citizens, is single parenting by black women. .hat has been the narrative it has nothing to do but -- with public policy, but it has to do with black women and their pathological relationships to their men and children. in fact, the current single parenting and divorce rates among white women right now are precisely what they were when the moynihan report was released. -- that no great upward is what the compulsory pregnancy, abortion for what the finalg is -- thing i want to say on this is, this narrative about daddy pain is also problematic for me. on the one hand, yes, people have daddy pain. on the other hand, president obama is the first african- american president who didn't have a daddy. i'm going to say that again. he is the first black

me provide the context back in one thousand nine hundred two when ronald reagan commissioned pat moynihan and alan greenspan to look at this there was no social security trust fund there had never been a so security trust fund all in one thousand nine hundred two and from one hundred thirty five to ninety to all of the retired people one hundred percent of the money that went out was one hundred percent of the money that was coming in from people who were working so the working generation was paying for the retirement of the retired people they looked at that and they said you know what's going to happen with all these baby boomers when they start retiring around you know in the twenty first century they're going to break the system because you're going to go from three or four workers per person retired person now that there is no trust so no let me finish so for the first time in history we're going to have just one generation double pay the boomers are not going to pay for their parents retirement but they're also going to put money in a savings account for their own retirement so just

remember the moynihan report. i just want to recall this. the research was done before the 1964 civil rights act was passed or before the 1965 voting rights act was passed. this democrat, this bighearted liberal democrat decides that the primary problem of the black community, before we are even full-service and, -- full citizens, is single parenting by black women. that has been the narrative. it has nothing to do but -- with public policy, but it has to do with black women and their pathological relationships to their men and children. in fact, the current single parenting and divorce rates among white women right now are precisely what they were when the moynihan report was released. there is no great upward -- that is what the compulsory pregnancy, abortion for what women thing is -- the final thing i want to say on this is, this narrative about daddy pain is also problematic for me. on the one hand, yes, people have daddy pain. on the other hand, president obama is the first african- american president who didn't have a daddy. i'm going

daniel patrick moynihan used to talk did -- we -- this is 15dly the best we can do.esque time, the spending cuts he was trying to tap earlier on the show, they're like a fraction of 1% of 40 trillion federal spending over the next ten years, and no one is doing anything about the jobs gap. so there is a potential concession on left and right. >> final word, s.e.? >> merry christmas to everyone. >> all right. s.e. cupp, thank you so much. that was an unexpected -- >> i'm in a good mood. >> how does a guy who helped put drug dealers behind bars go to being in the weed business himself? i'll ask him next. he's also apparently a fraud. how did he get such a high-level gig, when he's been caught doing the same thing before? there's a saying around here, you stand behind what you say. around here you don't make excuses. you make commitments. and when you can't live up to them, you own up, and make it right. some people think the kind of accountability that thrives on so many streets in this country has gone missing in the places where it's needed most. but i know you'll st

the one thing that just stuck in myrain and that gave me nightmares is who got bobby moynihan to do " whole cast and called "dibs." because he was like, "no one gets this joke. i get to do this." >> jimmy: i got "wrecking ball." i love that he did that. i saw this. you're on the cover of a bunch of magazines. but, i saw this. look at this, all glammed up. this is what i'm talking about. i mean, come on. [ cheers and applause ] do you like getting all dressed up? >> to be honest, not that much. you know, i don't really like getting dressed period, as you can tell. >> jimmy: yeah. well, i've seen other covers, too. there you go. naked and licking something. >> what i'm best at. >> jimmy: yeah, yeah. but this was a really cool article, as well, in "rolling stone." because you went skydiving. >> i did. that was really probably one of the craziest things i've ever done. >> jimmy: i don't know why you would want to do that? >> yeah, and i went on a two hour road trip with a journalist, also. which is why some of my story -- a lot of that truth comes out. because you're just like, "oh, i'm j

. >> do you believe brian moynihan is the person to be de facto leading that organization now?ow john kiel leading the division side and he is key. >> the key difference? >> he appreciates the history, heritage, culture. he's bringing it back. celebrating 100 years. reaching out to some old guard and asking us to talk about it. he's trying to tie the past to the present and go forward in the future. >> there's also a lot of concern or skepticism, i don't know how you wanted to describe it, about what the future is for a merrill kind of business. the world has changed and the model of the brokerage, wealth management indicates there's been a change since 5, 10, 15 years ago. >> i think that's what people understand. that's what merrill lynch was doing. they're very successful advisers are -- they're charging a fee rather than a commission. they're looking out for their clients' needs. they really are managing their money. >> and so if you -- when you're on the slopes in vermont and, you know, people are going to get this book and read it, what is the main takeaway you want them

and michael moynihan for "the daily beast" where he just wrote a piece about mandela's legacy.th you because your father -- there was -- the african national congress was part of the liberation movement across the continent of africa at a moment of throwing off these colonial regimes. and your father was in the government of one of these great leaders of an anti-colonial movement. and there was a time when the anc chose to engage in armed struggle, when they sent fighters to the ghana when your father was in that government to train there. >> yeah. >> tell me about that. >> so this is so bizarre to me in a lot of ways because it's very emotional. i was thinking about my dad who died november 24th of 2006, and if i was still doing a radio show, which i'm not now, he would have been the first guest that i would have had because the spirit of the nation it always framed as arms struggle. it is the resistance of a people to a government who are waging war against their people. and languaging it that way really matters because what happens when we think about nelson mandela, the thr

an anomaly in the law pointed out by my colleague, my late colleague, friend and mentor, senator moynihan, that it was unfair to have the parking and driving to give people who drive their cars to work double the tax benefit of mass transit commuters. and it's only fair to make them equal. right now the law will raise the parking-driving benefit, those who drive to work, at the rate of inflation to $250. that's a good thing. per month. that's a good thing. i'm all for that. but if the law is not renewed before december 31, the mass transit benefit, which i've worked hard to make equal to the park and drive benefit, will revert back to $130 a month, which is a lot less and unfair. the second benefit is to drive people who drive. you say why would they benefit in they're getting theirs. well, the bottom line is for every person who takes mass transit and doesn't take his or her car to work, that reduces congestion on the roads. and so even if you never want to ride the train or the bus to work, you should be for this. and finally, i'd say the following. it benefits our environment. we all k

in an investor conference, brian moynihan, singing the economy still not very strong.ting on more news about the volker rural. le. >> that is right. waiting for that news. counting down to the open with a top 10, the only trades you need to know about today. alix steel joins us. starting with number 10, teva pharmaceuticals. warning that analyst -- earnings will miss analyst estimates. brings in more than half of the prophet. >> number nine, texas instruments. narrowing in the fourth quarter, right in line with the guidance was. the company gave a warning in the third-quarter results. texas instruments dealing with uneven demand but improvements in automotive and industrial. this could be the first quarter in more than two years they do not see falling sales. steepled nicholas racing shares of the mobile oncology company to buy fro buy from hol. ifel nicholas. '>> number seven, autozone. reporting first-quarter earnings that topped wall street estimates. the company performance was boosted by the addition of new stores in the u.s. and mexico, and the growing commercial

it was said i think by pat moynihan that where they learned all these things, the third world leaders who came to power after they were decolonized, all of them became socialists. he said the london school of economics had done more damage to the third world than any imperial power in history, because all of this ended up in ruins. so that's 50 years of the military dictatorships with the example of nasser and saddam, the baathists in syria and elsewhere, that is being swept away even though it's come back to some extent in egypt. the problem is i don't -- i'm not sure whether the arab political culture is going to get directly to democracy. it looks as if particularly the example of egypt where they've swung to the muslim brotherhood and then back to military dictatorship, that they may have to be a phase, it could last a decade or two or longer before -- and i think in the end they will be as amenable to democratic outcomes as you've seen in eastern europe, as you've seen in the pacific rim countries, as you've seen in latin america and that is developing in africa. .. be a really b

it was said i think by pat moynihan that where they learned all these things, the third world leaderswho came to power after they were decolonized, all of them became socialists. he said the london school of economics had done more damage to the third world than any imperial power in history, because all of this ended up in ruins. so that's 50 years of the military dictatorships with the example of nasser and saddam, the baathists in syria and elsewhere, that is being swept away even though it's come back to some extent in egypt. the problem is i don't -- i'm not sure whether the arab political culture is going to get directly to democracy. it looks as if particularly the example of egypt where they've swung to the muslim brotherhood and then back to military dictatorship, that they may have to be a phase, it could last a decade or two or longer before -- and i think in the end they will be as amenable to democratic outcomes as you've seen in eastern europe, as you've seen in the pacific rim countries, as you've seen in latin america and that is developing in africa. .. be a really ba

i used to work for senator moynihan, and he once said that the most disruptive thing in any society, in any society including the united states, is unemployed young men. .. issues like the mismatch between the educational system and the needs of the coming decades of? the other 1i would throw in is it's the islamic republic. that is the security issue in the region. someday i believe the islamic republic will fall and the people of iran will get what they want which is a decent, just, space society. it may take five years or 35 years. who knows? until that day comes it seems the strategy of the united states has to be to be the main bulwark against the extremism, the subversion, the terrorism, the aggression of the islamic republic because our friends in the region can't do it without us and i think this administration has at best and on clear policy in this respect which has made all of our friends nervous and this is where i might -- i will just read a little bit because again i think there is more continuity in that policy. if you look at the policy since 1979 and the containment

jelani, i'm just reminded reading these statistics that this was sort of the moral panic of the moynihant we're now seeing as sort of normative of the american family were somehow representative of the deep problems of black families. >> right. and i think it's this ongoing thing. when we deal with african-american history, there's this theme of saying that there's a phenomenon, and it can't simply be a social phenomenon. it has to be pathologyized in some sort of way. it has to be indicative of do doomsaying about the future of the race and therefore the future of the american society. but one of the interesting things when i think about that, when people talk about the large number of out of wedlock black births, and they say 70% of black children are being born out of wedlock, well, that's technically true. one of the reasons that that's the case is there are so few married black people having children. that's because there's a larger degree of educational attainment, which is the same thing that happens with any group of people who get more education, get more social standing, higher

what we need is daniel patrick moynihan, i would say, bob dole and those types of people who spoke to we don't have that. and until we get that we're in trouble as a country. as pointed out in your book, ronald reagan was very much that sort of person and it worked. >> what can janet yellen do moving forward to address this challenge? >> she's very skilled economist. she knows what the problems are. the problem of the federal reserve is going to be confronted in the years ahead is to reverse the process of this huge expansion in basically bank reserves and my experience over 18 1/2 years is the worst thing you want to do if you're in the federal reserve is to tighten up the markets which is what that would do. i never received a single letter in 18 1/2 years coming from anybody including joe saying we ought to tighten. ton was mail came in on the other side. >> the book is "the map and the territory." alan greenspan thank you very much. >> a great honor to have you here. >> we'll be right back with much more "morning joe." >>> welcome back to "morning joe." and, of course, after the h

i used to work for senator moynihan, and he once said that the most disruptive thing in any society,any society including the united states is unemployed young men. unemployed young men are dangerous. the saudis have a very, very large number of unemployed young men. and they're not, you could even say they have a very large number of unemployable young men whose education is such that the idea that they're going to find a job next year, hard to believe. so that's a very big variable. how will -- look, you know, we're in the final years, statistically speaking, of the rule of king abdullah. who's the next king? what kind of a king will he be? what kind of reforms will there be in saudi arabia to address issues like the mismatch between their educational system and the be needs of the coming decade? a big with variable. the other one i would throw in is, look, it's the islamic republic. that's the security issue in the region. someday, i believe, the islamic republic will fall, and the people of iran will get what they want which is a decent, just, democratic society. it may take five

brian moynihan, is he doing a good job? yes.g a good job and i was critical of his regime and i'm not anymore. michael corbet is quietly doing a good job. >> you love to talk about the oils. >> lumber -- schlumberger is doing good. apple being down 2 with their cash hoard -- they're going to be able to make money off their cash. apple is now down one if you net it from when they got the china mobile deal. buy apple. watch these cloud stocks. if veeva is right, salesforce.com will break down off its high. all of the veeva system is balanced on salenumber the unemployment rate drop jason furman is the chairman of the president's counsel of economic advisers. it's great to you have back. >> thanks for having me. >> your early take on these numbers. >> it's certainly good news for the economy. we're continuing to create jobs at a solid pace, continuing to bring our unemployment rate down. but we definitely have a lot more work to do. we saw decline in unemployment entirely short term unemployed finding jobs. just as many long-term u