, spending my first time proving that i was a penny pincher beyond reproach and then getting reelectedby a bigger margin the second time than the first time, i think, i think that speaks to the fact that people really appreciate good stewardship of tax dollars. >> host: the libertarian party is often associated with changing the drug laws, and you've advocated for that as well. >> guest: changing the? >> host: drug laws. >> guest: drug laws. yes. since 1989 i've advocated the changing of legalizing marijuana. i think we're at a tipping point with regard to marijuana and legalizing it. i think that, um, that colorado is going to do that. it's on the ballot in colorado this november, regulate marijuana like alcohol. i think it's going to pass. when it passes, and it doesn't pass in colorado, it's going to pass. 50% of americans now are saying they support the notion. it's a growing number, it's a growing number because people are talking about the thish more than they ever have before recognizing 90% of the drug problem is prohibition-related, not use-related. that's not to discount the

over the former presidential candidate always maintained during the election that he was a penny pincher at heart and his wife ann agreed take a listen. would you say he is frugal or cheap cheap cheap. cheap so what do you want to know what he does when we leave the house he turns up the hot water heater do you know what he does with your children what is he doing what he does when we come back from the house he pretends to he forgets he's got to turn the hot water heater on and he says cool cherries they're not that bad. it turns out this was no joke a group of nine news outlets that traveled with romney the romney campaign agree the media group sent a letter to the remnants of the romney campaign they said they believe they've been overcharged for costs incurred while traveling from one campaign stop to another here's a look at the complaint quote we are not quibbling over charter flights or hotel bills we are focused on what appeared to be exorbitant charges for food filing centers and holds and ground transportation some examples seven hundred forty five dollars per person charge for

tactic because the president's laying the groundwork for a position that has the republicans in a pincher move. most republicans who signed the norquist pledge to never raise taxes will per se be regarded as being in the pockets of the rich. not a place you want to be after what we've been through in this country. the president is saying you know it will prevent you from getting hit with a primary challenge from grover, but we will come after you with populist candidates who will defeat you in the general election even after you got the grover norquist nod for keeping taxes down. or at least voting against them. in other words, we might be going over the cliff simply so the president can prove a point about who is really elected. of course, once we go over, the president and gop can get united on cutting taxes, and they can champion the other 98% without being perceived as being in the pocket of the rich. all this means that despite i don't expect them to be able to rise above any time soon, it means there will be a deal. it's just not going to be a deal in time for the end of the year, a

sometimes i see the description of you as a penny pincher. >> tight as three coats of paint. >> with that perspective, how did the country get into the situation we are in right now, with the huge debate over the size of the deficit and the debt? >> go back to 2001 and thereafter. the cost of the wars was not included in the budget. they were always supplemental. they did not show as a deficit. while the budgets looked reasonable during that time, the actual spending was greater. people did not pay as much attention to the debt. it just kept mounting and growing. we borrowed to pay for the worse when we did not ask people to make sacrifices financially. there is a difference between borrowing in the future, pang forward and backwards, or having to pay right now. people might have felt differently if they had felt a pinch right at the time. they would have asked different questions than were asked. that is one of the reasons we got where we are. >> could you have been any more vocal about appropriations? >> i was vocal. when i got on the appropriations committee, i became chairman of

it was leah, a miniature pincher.ve a problem with him as well but he does a great job making me look well, right, love you. >> thank you, jane wells. >>> when we come back the ceo of a company that enables you to get your kicks shopping for the holidays. we'll find out when "squawk on the street" comes back. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. ♪ >>> as if shopping wasn't rewarding enough, now there's shopkick, just download the free app and do what you love doing, at stores like target, macy's, best buy and more, users automatically wrack up points called freekicks, so shop around and treat yourself. >> the ceo of shopkick joins us from

left and i bring back to the cost analysis you see sometimes that is in the description of the penny pincher. >> i use three coats of paint. >> with that perspective, how did the country get to the situation that we are in right now, not just the fiscal cliff but the debate over the deficit and the debt that is behind this? >> well, if you go back to 2001 and thereafter, the cost of the war was not included in the budget except the military and the defense budget. but the additional costs were not reflected in the budget. there were always supplementals. so they didn't show as a deficit. a vendor ackley to the debt. so while the budgets were reasonable in that period of time, the actual spending didn't show in the budget and people didn't pay as much attention to the debt as they do today because it kept mounting and so we borrowed to pay for the war and in fact we didn't ask people to make sacrifices financially. >> there is a difference between borrowing in the future, paying for work and paying back words, we are having to pay right now. people might have felt differently if they had felt

and she was a penny pincher. [laughter] frugal is the nice word. but she wanted us to live up to the best that god gave us, and she believed that having those native plants on the highways would remind us of the beauty that god gave us. and it was a lot cheaper not to be planting roses out there or something that was not going to come up next year. so when you see those little signs about, forgive us for not mowing but we're waiting for the seeds to go in the ground, it is said the money. and it is wonderful. we now have a wonderful wildflower center that has been named after her. she finally led us to do it. she did not want it named after her. but the lady byrd wildflower center in austin. we're doing everything to raise money for it and we're goingand. to do a children's garden so we can start with the little children, teaching them about why they should do it. we recycle all of our water. for 30 years, we have been being environmentalists, before we knew what it was. and i am very, very proud of all of the legacy of mother. what you have to rea

she is looking forward to getting back to work, and i am looking forward to pincher creek to her service in the days to come. today i am looking ahead to my second term and i am proud to announce my choice for america's next secretary of state, jaohn kerry. his entire life has prepared him for this role. he has a deep respect for the men and women of the state the parma. the role they play in advancing our values. having served with valor in vietnam, he understands we have a responsibility to use american power was it, especially military power, and he knows from personal experience when we send our troops into harm's way we must give them the sound strategy and a clear mission and the resources that they need to get the job done. in an extraordinarily distinguished senate career, he has played a central role in every major foreign policy debate for nearly 30 years. as we turn the page on a decade of war, he understands we have to harness all elements of american power and ensure they are working together. diplomatic and development, economic and political, military and intelligence, as

sometimes i see the description of you as a penny pincher. with that perspective, how did the country get into the situation we are in right now, with the huge debate over the size of the deficit and the debt? >> go back to 2001 and thereafter. the cost of the wars was not included in the budget. they were always supplemental. they did not show as a deficit. while the budgets looked reasonable during that time, the actual spending was greater. people did not pay as much attention to the debt. it just kept mounting and growing. we borrowed to pay for the worse when we did not ask people to make sacrifices financially. there is a difference between borrowing in the future, pang forward and backwards, or having to pay right now. people might have felt differently if they had felt a pinch right at the time. they would have asked different questions than were asked. that is one of the reasons we got where we are. >> could you have been any more vocal about appropriations? >> i was vocal. when i got on the appropriations committee, i became chairma