pierce morgan wanted me on to say i was wrong to violate his first amendment.are i take free speech rights when i said a foreigner should not be here lecturing us. it was all tongue-in-cheek. i actually sat there and when i went out there before he went live. i saw his cue cards. it was all about that. it was not that we have a right to own guns to protect ourselves from the government. i did that. glenn beck is trying to hold me back. i've talked to people oh who work for him. he has five guys watching every i do. four or five years ago he would not talk about any of this stuff. now he takes it and spins it in the neo-con way. he's a punk. he called me a fascist. this is the guy who made jokes about torture and said it was a great thing. this is guy who supports drones. i was against all that when bush was pushing it. i'm a constitutional libertarian who loves freedom and my views are my own. that little piece of trash needs to know this. he tried to play this collectivist game he don't speak for us. he's trying to speak for you. you jack ass main line conserv

i thought i saw pierce morgan. it was a discarded lampe. my mistake.ery questions i want to skt crowd. how are you doing sni want to ask you. what is confetti made out of? >> i don't know. >> it's not paper. it's confetti is made from the hair of dead clowns. it's true. another question? another question. what animal is the ball closest to in size? >> whale! >> elephant. >> it is the elephant. curiously enough i told bill hammer that. he said won't it be great if we dropped an elephant instead. i said bill, you're crazy. he said it would be awesome. i said hammer you're a sick, sick man. you should northbound prison. >> i'm just saying try it one year. >> and you know what? can i ask more questions? >> you may. >> i've got one more question. how many collecting trucks are there to pick up garbage tonight? >> 200. >> there are 22 garbage trucks collecting trucks picking up garage tonight and one jet for kathy griffin. hard to believe. >> we'll look for that, too. along with the whale. thank you. >> thank you. >> thank you greg. >> thank you. >> confetti

i felt sorry for poor pierce morgan.the issue of gun control, you're going to be talking about it, but do you think, cenk, you, that we can actually stoke congress to do something? do you have confidence that we might be able to shame them? >> cenk: you know, it's really interesting. we talked to congressman yarmouth on the show, and he thinks we can get it done. but congressman cohen is more skeptical. every day that goes by we get further away from bogey able to do it. i have to give the obama administration credit, they're considering really strong proposals. i'm hopeful. >> jennifer: cheng uygur hopeful on gun safety measures, i'm feeling good about it. that's all i can say. we'll be watching your show. >> cenk: thank you. >> jennifer: it's a new year with a knew a new congress, and that means plenty of ideas on how to tackle the country's problems. not all of them are good ones and some come straight out of crazy town. the first really bad idea is the definition of hypocrisy, which is aig. the large insurer/reckless

>> not only larry ward but of rush limbaugh and the guy that appeared with pierce morgan. this growing extremism that we're hearing, no one is saying that americans don't have a constitutional right, their second amendment rights to owning a gun. isn't that the bigger point, the distinction to draw here, that these proposals aren't taking guns away from people? >> absolutely. and thomas the clips that you just showed, there you have it, those are the spokes people for the pro gun side. and therein lies the problem, most of those are crazy people. those are people that definitely want background checked and checked again to make sure they're not armed. and those are the people that are arming up. this idea of gun appreciation day on martin luther king jr. day, how -- then you go to rush limbaugh and his little clever and adorable attacks on the children of the president of the united states. the president of the united states is at constant risk from people with guns, the people that have been killed an assassinated in this country by guns and we protect that. people don't

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pierce morgan. bob schieffer was there. the billionaire from los angeles was there. >> i'm just thinking, those are the private parties. you have food and drink. what about the official inaugural balls? >> there are only two this year. this is the fewest number since 1956 when dwight d. eisenhower was reinaugurated. the president will be attending both of those. the general ball and the commander in chief ball. tickets sold out in about four seconds. both of those are at the washington convention center here in town. >> chris brown, thanks a lot for joining us. so enthusiastic at this hour of the morning. >> chris, have a great time tonight. thanks for being with us. >>> now to today's big event. metro opened an hour earlier than it usually does on the weekdays to try to accommodate the huge crowds expected on the national mall. >> that's right. wusa9 reporter delia goncalves is live at the eastern end of metro's orange line in new carrollton where plenty of people are already filing past. good morning, delia. >> reporter:

lots of media people like pierce morgan. everyone wants to be a part of this. >> we've been saying that the numbers as far as everyday americans might not be the same as it was four years ago. but from the perspective of the a listers how are we looking compared to years past? >> it's still the top of the talk. sure oprah is out of town. steven spielberg is busy today but you have power, influential and interesting people who want to come and support barack obama. people are proud to have him as the leader and they want to come out and show that support from hollywood onward. >> you've looked at this historically over the many many years. and a lot of this started in terms of hollywood coming to washington for the inaugural festivities. i want to ask you a question. there seems to be the feeling or belief that when a democratic president is being inaugurated, you get more celebrities than when a republican president is being inaugurated. is that true? >> it's a different kind of people supporting each of these parties. there

we're going to take you to erin burnett and pierce mas morgan. >> we got the good assignment here. maybe hard to hear. >> best gig in hollywood. washington, any way you like. >> that's right. there are going to be ibt 40,000 people coming to where piers and i are here tonight. this is it, this ball and the one upstairs, those are the two the president is going to be attended, and they have all of the hot acts. >> the inaugural ball is on this floor, and it's currently the biggest disco you have seen in your life. 35 people will be swilling and guzzling around here. upstairs, the commander in chief ball. a little more exclusive. you will see stovy wune stevie y perry, and they'll be around the two balls and the president and first lady will be dancing at both balls, we're told. the first dance, probably upstairs at the commander in chief ball. last time, it was "last dance" etta james. this time, no one knows. tension is mounting, but it should be very exciting. >> the one upstairs, the commander in chief ball, is for the military. downstairs, a lot more people. the general public w

>>steve: steve kroft sat down with pierce morgan.tely flabbergasted when he discovered the white house wanted him to be the interviewer. he was asked why does obama keep sitting in the chair opposite you? he said we're fair, we do great editing and we're not going to play gotcha, we're not going to go out of our way to make him look stupid, and he knows that. >>gretchen: brit hume on special report last night put his thoughts into perspective. >> you didn't hear it on "60 minutes" but president obama is unhappy with the press. in a second weekend interview with the new republic he grumbled about fox news and rush limbaugh. president obama also complained a reporter generally treats the republicans and democrats as equivalent balancing the views of one side with the other. they fail to note one side -- his -- is trying to do what's right and -- quote -- "we haven't seen that kind of attitude on the other side." never mind of course that the president at that moment was being interviewed by one of his campaign donors and supporters who

pierce through the july of 2011 highs not too long. >> doc is playing a little options action. play a little equity action joe. would you own it or not? >> i've owned it for three months both morganey and goldman sachs. i continue to believe -- >> this move today isn't a sign to you that maybe it's time to trim? >> absolutely not. i think it just adds further confidence in what i have right now. i told you i think goldman sachs is going to go well north of 150 and i think morgan stanley will trade well north of 26 bucks. the value of a lot of their mortgage backed securities on the books, they are now increasing. i like the activity in the capital markets themselves. i think of the financial space. this and the regional banks are a place you want to be. >> as the s&p sits near five-year highs in just under 1500 what are the key levels to watch? let's get the answers from the floor of the stock exchange. steve grasso from stewart frankel joins us. good to see you, bud. >> how are you? >> good thank you. what are the levels you're watching? >> everyone's cactus league in on it is pretty easy up here right? you look at 15.76, look where we're at now. everyone is getting extremely bu