he talked about it at nauseam. reining in entitlement spending. why were -- the media did not do an equal job of growing the president on his failed record. what is your plan for a second term? was he ever asked that? he really was not. i think it is outrageous. every incumbent, clinton, reagan, bush, clinton had a record to run on, but they grilled him. >> let's go back to the meeting. you bring up some other things in this clip. [video clip] >> in 1960, we had 36% of black males incarcerated. i was rereading the report written for president johnson about the state of black americans in 1964. then i thought about today where we have 65% of blacks in prison. i look back at the report and i saw at the time, it said the biggest thing he saw affecting black americans was the breakdown of the black family. >> two issues. 65% of black americans are in prison today? >> it is quite an enormous amount. i think it is about 55%. i do not have the -- >> why? i have heard people say the reason is because of the laws that are written against the black folks, a

your that there is still a possibility the senate will vote on these ideas that we have described ad nauseamax cuts for single ardors of 400,000 less couples, families of 450,000 less, that could be voted on in the senate tonight. a couple of senators have said it could happen. anything could go. brad coming to you now. what is the lead like on this? how would you rate the president in particular? >> i have to give him a yes. many came to power in 2009 shortly thereafter put together a bipartisan commission on the debt with a charge to find out what the recommendation is to be for short-term and long-term debt. it is openly. we have spending decreases. we need to tackle entitlements. tough love for everyone. the president put on a show. he didn't like it. he was facing reelection. nothing was done. what to the house to in may of this year? the past a spending bill. in order to avert the fiscal cliff and particularly sequestration and in august they pass a tax bill. the senate on but the bills, nothing. the same said he could not give us a subject. gerri: what to bring this up. the president

yes, 23 days we're going to hit that fiscal cliff we all have been talking so much abouted ed ad nauseam. the president and john boehner met to discuss the crisis. a deal is needed to avoid an automatic tax increase and spending cuts for just about everyone. you know what, this has got to be the biggest game of political chicken since the debt ceiling debacle last summer. >> and no one wants it to be a debacle and that's why it's a game of chicken. barack obama knows he just won the election so he can pretty much win this argument so right now it's a lot of posturing, a lot of chest beating, but we're all going to have a happy christmas because they're going to work this out before they go off the fiscal cliff i don't think east party wants -- on their backs if he we go off this cliff, payroll taxes go up and republicans would actually take the brunt of it. >> congressman tim cole of oklahoma said this about the situation, listen to what he said and then i'll get your take on it. >> some of our people think if we just dig in and hold strong, we can stop it, that's not is case, it happens

we talk about it day in, day out, ad nauseam.ut how much is it really affecting the real american out there? and also american airlines get a leg up, after an upgrade they are kicking you know what recently. and kicking 06 a retail titans face off. we have a fabulous panel of retail expert all lined up. plus our own courtney regan as to who wines this holiday season? wal-mart or target? a lot of things coming up at the top of the hour. >> thank you mandy. >>> how much money is involved, what happens to sales after the senseless killings? mary thompson joins us with a look at the numberes. mary? >> tyler, guns are big profitable business in the u.s. companies two public trading gun firms in excess of 18%. recent sales gains of more than 40%. for consumers, if history is a guide, there is likely to be a short term spike for gun permit. it reportedly happened after shootings in aurora, colorado and phoenix, arizona. gun sales in the last few years, smith andes withon reporting sales of $2 billion. topping last year's sales of are $2

after the break, the question being asked ad nauseam, is what happens if we go over the cliff? we're already learning what it's like to go over another cliff. >> we've already gone over the political cliff here, if you will, with what -- because the deal that happens, if it happens, is temporary. we're going to have this debt ceiling thing in six weeks, which is just a bomble. >> we'll get into that debt ceiling thing, and look at the broader economic implications of the cliff next on "now." [ whistle blows ] hi victor! mom? i know you got to go in a minute but this is a real quick meal, that's perfect for two! campbell's chunky beef with country vegetables, poured over rice! [ male announcer ] campbell's chunky soup. it fills you up right. >>> a long time ago i was a stockbroker. the thing wall street and investors can't take is uncertainty. if they know taxes are going up, they'll refigure things. if they know taxes are going down, they'll refigure things. if they know taxes are staying the same, they'll figure it out. right now they're frozen. sfwloop the country hasn't offi

agree to agree to spending cuts down the road and this is the criticism that historically, sort of ad nauseam, that there are those good intentions that never through. >> all of the republicans will hear grover norquist recite over and over, every time they promise spending cuts in exchange for tax hikes, the tax hikes came, the spending cuts never came. >> and how long will the road be in terms of what the subpoenaing cuts might or might not be? that will prolong the uncertainty in the market. and with the ceo conference call in the 6:00 hour, that should be very interesting. will we feel the effect of this in the first quarter earnings and gdp, other economic data points. >> it puts republican caucus in the house in the position of having to decide whether no deal is better than a bad deal. >> you know, melissa, if i could chime in, one thing, you didn't hear the president talking about the debt ceiling, and the treasury secretary says we'll start running up against the debt ceiling on monday. that's a very controversial piece of the whole deal. they are talking about leaving that aside and

lot of folks who are suggesting one of the reasons we spend so much time talking about hillary ad nauseamthere really aren't a whole lot of other democrats out there who could run and have a chance of winning. >> don't tell that to andrew cuomo there are a lot of people out there who are regarding their position as essentially frozen until -- >> the list is deep? >> the list of ambitious young politicians is deep. keep in mind, craig, every single state senator who is a democrat out there thinks they can do what state senator barack obama did in 2004, a meteoric rise to the top. >> and not just young. look at joe biden. don't you think he wants to run? he is the vice president. and yet he is stuck in place until hillary clinton makes her decision. >> it would be fascinating. you've got to think that if joe biden and hillary clinton both decided they were going to do it, there would be a conversation had that, no, you think they would potentially run against each other. >> no. i think it's hillary's at this point to decide. >> but i so enjoyed having both you guys. i hope you come back. do

why i diversify every wednesday and talk about this concept ad nauseam and call it the only free lunchn the jim cramer gospel. why i push it so hard as essential to protecting your portfolio in getting back even. if your portfolio is properly diversified you can handle any setback. you can come back from any financial disaster, i mean that. now, normally when i talk about diversification i mean making sure all your stock eggs aren't in one sector basket like in 2001 and 2002 when so many people left the building because of technology stocks. i go over this again because i can never say it too many times. means that no one sector, one segment of the economy should ever account for more than 20% of your portfolio. if you own five stocks, only one of them can be a tech stock, one a health care stock, one a financial, only one can be an energy company and one an industrial and only one a food and beverage-maker. what if you're not sure? always err on the side of caution. if two stocks trade together, underlying companies succeed or fail based on the same factors, you're not diversified, oi

that is something that we heard the president talk about ad nauseam on the campaign trail for over a year, but it really does seem to be a boiling down to those same arguments, and the same philosophical differences behind closed doors and then technically, process-wise, what is going on is that they have to figure out where the threshold is for how high of an income you have to raise enough votes in the house where there is a big republican majority in order to get it to the president's desk. >> a lot of information, dana. standby, because even though the senate has gone home, still maybe more news. dana will be joining us later. thank you. ali? >> don, we have cnn contributor and columnist for newsweek and the daily beast john avalon joining us from new york. john, the remarkably and so dana had a lot of detail as don pointed out. why are we having this discussion with all of this detail with less than 36 hours to go to the deadline? they have had, and you know how many days to work this out? h 516 days since we first learned about the sequester and 12 years since we first learned

we all know, we've talked about this ad nauseam. all she did was deliver the information, and they shot the messenger. this is not the last we've heard of susan rice. and i think choosing the next secretary of state, it puts the republicans back on their heels. it obviously gives obama a lot of room on the offensive end to make the moves he wants. >> richard, did it bother you by how this went down? >> oh, it's disgusting, the whole thing. i know you were making another comparison, but the impropriety, she was -- she has been measured for sticking rigidly to the talking points. >> yes. >> delivered by the cia about what was a cia operation. one of the reasons people don't want to talk about this is because not only do you have an ambassador who was taking risks, who, sadly, passed away, you had cia operatives in the middle of this. one of t no wonder the cia was all over this. you had a witch hunt not measuring a potential secretary of state on her diplomatic credentials, on her service, on whether she could serve. it's been, let's

because i had been saying ad nauseam, you can't raise taxes on small business owners making $250,000.ou just can't do it, not in this economy. then boehner did $1 million. i said, that's great. these guys are coming together. and i really thought that number was going to be $500,000. and the president would take $500,000, i think. and then suddenly john boehner makes this -- said -- starts talking about plan b, and i get confused. >> yes. >> then why are they calling it plan b? i don't understand. >> it's an awkward branding. >> it's awkward branding. first of all, it's awkward branding. al, do you need us to tell you what plan b is? >> i need this explained to me. >> because rick santorum would not support this. >> let me make a point to that which is i went back and looked at -- there was this great david brooks column from july 2011 when they were first negotiating the debt ceiling. he encouraged republicans to vote for this deal. you'll never get an opportunity like this. you have to recognize victory when you have it in hand. that deal was significantly better for republicans tha

i think we have said ad nauseam what the obama administration is proposing -- >> techniquely the nazis >> which would make them extreme right-wingers. >> stephanie: i'm sure it is so noted at news busters, as they are busily transcripting the new transcript as we talk about the old transcript. no miller prefers to conjure up ominous images of woodchipers just over the horizon. whatever it takes to keep her amused. >> well, yeah kind of the point of the show. [ applause ] >> stephanie: we have got all the mulch we need between stephanie miller's ears. >> pow! >> stephanie: don't confuse mulch with soggy shredded wheat. happy face. >> what does that mean? >> stephanie: if anyone is potential fodder or mulch this gas bag is. >> yeah, so there. >> stephanie: all right. thank you. [ applause ] >> stephanie: news busters. i love you so much. i really do. okay. forty-four minutes after the hour. right back on the "stephanie miller show." >> announcer: welcome to the party barn. make we take your order? it's the "stephanie miller show." ♪ going to do the young turks. i think the number one thi

he talked about that ad nauseam but his proposal comes out, no spending cuts, he is offering some vague savings, not cuts, to be found somehow in the future in medicare but there is no time frame or and no idea put forth on how to do it. is that being greeted with suspicion if not disbelief? >> the entire presentation that the white house put forth this week was greeted with laughing and republicans scoffed at it. it was the entire package. you mentioned the $400 billion and a vague medicare cuts down the pike. i think what the president might have been trying to do is force republican hands to naming their own cuts what they would like to see cut. it's a political sticking point. many voters don't want to see certain programs cut. that is more challenging thing to figure out what you are going to cut. you want to put it in the hands of congressional republicans. >> shira, good to see you. thanks very much. >> gregg: be sure to tune in tomorrow to fox news sunday for the latest on the talks, tim geithner will be sitting down with chris wallace to explain the tax plan and chris will have

have been here more than a month and have yet to take up anything while the discussions go want ad nauseamt you are right. and they should take up extending tax cuts and extenders and breaks that will help to spur business and research and development, making sure that a penalty does not fall unfairly on individuals, and also the alternative minimum tax, several of which we have had an opportunity to address. i think all of them should be addressed, and , prince of tax reform, where we bring everything together, lower the rates, make it revenue neutral, and provide an opportunity for economic growth. host: in stamford, arizona, democrat -- in stafford. caller: this is nadine. i'm 73 and i make $22,000 a year. i pay $400 in taxes. my insurance and property-tax is when appear to hundred dollars this year. you gave me a social security raise, but they took it all in medicare premiums. what do i give upper? -- up? i cannot give up anything. there's nothing to spend in extra. i don't make any interest on my savings, nothing. host: before we let you go, how important to you is that congress reac

this message has been repeated ad nauseam by democrats. in fact, the story goes that republicans have so abused the filibuster that the democrats have no choice but to take it away, even if it means violating the senate rules in order to change the rules. can you imagine a political party saying it's okay to ignore the rules, to change the rules? in order to discuss this topic, it's very important to establish what we mean by the word "filibuster" and how it fits into how the senate operates today and has operated historically. i hope you wil you'll bear withe try to understand this because i ultimately want to get down to how the proposed changes to the senate rules threaten the very principle underlying our system of government, particularly the checks and balances within our system of government. but, first, a legitimate question: what is a filibuster? we talk about it so much that you would think it referred to a very specific activity that's easy understood by everyone. you can actuallit can actually o different types of activities. t