i i'd like to see them campaigning for universal pre-k nationally. >> we still have ralph nader with certain critiques about the ability of a progressive populist movement to be electorally strategic. right? that is a central question. and whatever else bill clinton was as candidate and president, the man was incredibly strategic in terps of being able to manage sort of the realities of politics. so how, then, right, do we marry that sort of clinton strategy capacity with an emerging left populism? >> well, he wouldn't rely on the clintons. the clintons put their finger to the wind and their rhetoric is very windy. we've been trying to get hillary and bill to come out for a $10.50 minimum wage. hillary talks about the the plight of poor women and children but won't come out for it. so maybe this program will help do that. but the clintons demonstrate the distinction between liberals and progressives. liberals like the clintons, they're not worried about nafta or the world trade organization. they're not upset by the military budget very much. they're go, go, in terms of militaried a

our point is competing with ralph nader. the second night, by buying it or influencing it. we need to influence the textbooks. we need possessors enter college. they need to take control of the court systems, get our people in the course. he went through this long list of basically all the institutions. of course the institutions and governments need to get our people elected to the house of government to get them on the supreme court. and out of this that no, by the way, if you miss if you miss after he wrote the memo, richard nixon put him on the supreme court. and then we started getting decisions at buckley versus the layout speech corporations are people and he was wanted to be for citizens united came along in 2010. but anyhow, lewis powell, what came out of that was the american legislative exchange council. i don't want everyone to vote. elections are not won by the majority of people. they never have been at any time in the nation's history. in fact, quite candidly as the voting part is the sound, our leverage in the election goes up. end of quote. there's been a c

it is being built right into the auto. >> this is ralph nader we are talking about.t really used to having him china and on matters such as this. onis protecting -- chimed in matters such as this. he is protecting the little guy. >> goto twitter or facebook. everyone has an opinion. move over zombies, a pirate vision is upon us. sale --k's "lack sail"l bay's "black is coming up next. and google's best acquisitions. that is coming up next wil. ♪ >> it is time for the scene where we bring you the business behind media pop culture. amc has walking zombies and now premiereay will help "black sail." a lot of moving parts here. >> the story to me is that i was filming in wales, doing a british movie. agent sent me the script. it is a pirate show. she kept going on me and said, you have to read it. it was really it. i put myself on tape and it was the easiest -- normally you have to jump through about 100 who. >> it was michael bay's idea and he brought it to starz, and both of you got involved? >> it was kind of his idea. and they camet together to put it together and give

i laughed and said he will be the white knight for ralph nader. it really speaks to how people are looking to activists to throw their weight around. >> maybe they will make a movie out of it and it will be on netflix. thank you, and trish regan. thank you very much, jon erlichman. and our editor-at-large, cory johnson, in san francisco. coming up, bitcoin pushes his luck in las vegas. what makes casinos different than others? they accept bitcoin. that is next. ♪ >> this is "taking stock" on bloomberg. i am pimm fox. breaking news. berkshire hathaway is said to face an investigation on systemic risk. bearish on bitcoin. 47 of respondents say to sell the online currency. 11% said by, and 35% have no idea. my next guest has an idea. he is bullish on that -- on bitcoin. his casino and hotel's now take bitcoin. derek, good to have you with us. explain a little bit how you can use bitcoin in a casino. >> well, good afternoon. for us, we are going to do this for both hotels and our restaurants and our gift shop. this is the first up and today is opening

meanwhile ralph nader is looking for help from carl icahn. he is a shareholder in sirius-xm radio.e made an appeal for icahn to get more money for shareholders. meanwhile college football's title game is tonight. florida state versus auburn. it is the last of its kind, though. next year college football will go to a playoff instead of determining the two teams for the title games based on polls and computer rankings. >> and the big story, many in our audience are concerned about tonight, the weather. record cold across a huge part of the country. it's called a polar vortex. jetblue cancelling flights until tomorrow afternoon. larry, it could get below zero in the new york area. >> just real quick, a polar vortex, how would you say that in lay terms? what does that mean? >> it means it's going to be real cold and it's moving across the country so buckle up and bundle up. >> and next year's college championship game is of course going to be between princeton and columbia. i had to put that in for one anchor and one senior producers. >> now, if you really want to help the unemployed a

. >> carl icahn is the white knight for ralph nader.his is a call that no ceo in the world wants to make. carl icahn is on the line, can you pick up. irwin, you took this call back in 2010. he had a big position in your company. here we are, three and a half years later, you wind up having a very good run with the stock. >> it is the funniest thing, i was looking for new spaces. we were moving our headquarters. saidsistant called and carl icahn is on the phone. i thought somebody was playing a joke because we were expanding. i said put them on. there was carl in his deep new york voice. hi, this is carl icahn. >> how nice of them to give you a heads up. .> he was lovely he said he thought we were doing a great job. i said, we put that in a 13 d the you are filing. he said that many people asked me that. he said let me check with my lawyers. he always uses his lawyers as an excuse. he did put it in his filing that he wanted to work with management at the time. situation, he really did believe in what you guys were doing. he went long in

can be used as -- >> without question, this could be a precedent-setting incident, which is why ralph nader is all over it. facebook is being sued over allegations it intercepts users private messages and profits by sharing the information with advertisers and marketers when users compose messages that include links to third-party websites. tom is getting agitated here. information is searched for to profile. violating the electronic act andations privacy california privacy law. >> are you really that surprised? >> we believe the allegations are without merit and will --end ourselves vigorously facebook. who is suing them? >> you are posting yourself publicly, private pictures, links, articles that you like. what is the expectation of privacy? that would be at the center of this lawsuit. what is your expectation of privacy? >> my question is -- >> who has filed a complaint in san jose? >> i don't know. look for it this afternoon and this evening as well. cory johnson in the team i am sure will have perspective on it. we need perspective on the american juggernaut general electric. we will d

we have heard from ralph nader who says this is too low.ing to negotiate on price. that may creep up, that is why sirius was trading higher than the offer price, three dollars, is -- $3.67 a share. >> we will be back in two minutes "in the loop." ♪ >> we have some breaking news. ireland said to be hiring banks for the first of bond sales since its bailout. joining me now is chief global strategist at j.p. morgan funds from boston. happy new year and great to have you back on "in the loop." i have got to ask you this. this country is close to your heart. you say it is part of the recovery story in 2014 for europe. >> ireland is a poster child of an economy that went through tough times but took tough choices and is now in recovery. there is, around peripheral europe, and italy and spain you are seeing better numbers and purchasing industries. you are still having problems in france, but europe is on the road to recovery. europe is actually doing lousy, but it has room to grow. the unemployment rate in europe is 12%. if you can get that down

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cite ralph nader as the single most responsible -- single most effective antagonists. for a host of actions by the business community, campuses in the media in courts and politics. was not justcer any lawyer. two months after the memo was written, he was named the united states supreme court. one of his central insight was that the entire intellectual infrastructure of the political system at the time really belonged to the left. obviously, the left was and still remains a mostly in control of academia. beyond the universities, the there were fewer organizations that were dedicated to providing ideas and intellectual insight. was theright there chamber itself. there was the american enterprise institute that was founded in 1943 but very few others. well argued strongly that they need more on the right. moranda had aner rand instant and galvanizing effect on the conservative movement in the united states. among many other things, the conservative infrastructure began to build institutions they thought they needed to counter the very threat that powell was talking about

the image of activists, ralph nader comes out the other day ikahn that he should take a look at this,e not getting the best value here. the idea that you have nader saying basically i need this white knight in the form of carl icahn, would you say the activist's reputation has changed? >> there is a marriage, what is interesting, you have the very high end sort of married with grassroots activism. one thing, there is value, it's harder to run a company. we don't have a news cycle anymore. there is a news cycle because of twitter. you are criticized every moment. you have the desire to maximize profits in the short term. it's hard to run a public company with that long-term horizon. it's only going to get harder. you have the criticism coming from the top investor level and the grassroots. >> what is the strategy for a company when it's under attack, what is it going to do? >> you have to know what your north star is. you're not judged every quarter, that's the ultimate judgment, but every day, you're going to be more and more scrutinized and criticized, not just by the media but by yo

even though liberty already controls sirius, it drew fire from ralph nader out today attacking the deliveryoffer is at $3.68 per share. sirius was up at $4 in recent weeks. sirius cash flow over a billion dollars a year was likely to support the takeover bid for time warner cable which would come from the liberty bid 27% own charter communication. the value of that stake has risen 40%, that is a profit of more than a billion dollars in less than a year. tracy: wow. >> he knows how to make a deal. tracy: how does it play out? >> he buys all of sirius. the bid for time warner cable. time warner cable will turn around and acquire as a way of not getting acquired by john malone. ashley: you heard it here first. thank you very much. tracy: you need a flow chart. ashley: this is an interesting story. 3d printing is taking of literally. british fighting it -- british fighter jets have fun for the first time using parts produced using threepeat technology. printed at a royal air force base. they flew from the defense company airport. the successful test flight could force the path for 3-d printing

what about, david, as well the fact that ralph nader is now getting into this, putting out a press releaserl icahn to take a look at the situation. are they going do come up with a way out of this that current shareholders don't see? >> not that i can be aware of. in these kind of cases -- they don't want to call it a minority squeezout but essentially in many ways it is. they might argue with that term. it's not clear to me mr. icahn would be willing to take this on. he looks for leverage, points of leverage, and i don't think he's got them here nor does he want to go toe to toe with john malone over this one. >> we don't want to hover over the carl eicahn twitter account. >> that would be a big surprise. he's got plenty on his plate as you both know. >> yes, he does. >> thanks, david. david faber on the sirius xm satellite radio deal. >>> let's take a break. we have 30 minutes left in the trading session. we're down seven points. market just kind of meandering here. >> it's been very flat this last hour. not doing much to change the picture yet. it's been a really rough start to 2014 acr