. >> i agree with her and the point is that rathe than having a big gap we should all be together. >>ects talk about this in terms of thevery poor and the very wealthy. and you can't make it on $7 and 25 cents an hour. fifteen dollars an hour is a fair minimum wage. and there has not been study produced that indicates this. mcdonald's talks about that and that is wrong. and it is just not right. raising the minimum wage cost people jobs is what they say and it does not. >> but isn't it logical th if it cost more and you will get a little bit less of a? john: well, what do you think? >> nobody, but nobody can live on that. they work 60 or 70 hours a week and you cannot expect them to live on this income i especially when the ceo is making 500 or 600 times and you think anyone is worth that kind of money? do you thin any ceo is what at? john: i'm grossed out by it. but if th markets as they are committee mustst be. because somebody is voluntily paying them. >> the board of directors is usually appointed by a ceo. john: i say the most important thing is individual liberty. and if we are

particular or case that you mentioned before the supreme court, the question is one of copyright law rath or than substantive communications law. so at this point i am in the position of being an interesting legal observer -- interested legal observer to see what the supreme court does with the very complicated arguments in front of it. >> host: do you see aereo becoming an fcc issue at some point? >> guest: it certainly could be at some point. the parties involved are before the fcc regularly, and depending on what the supreme court does, i can see the agency having involvement in the issue. >> some have suggested that a way to settle the aereo question would be to change the question of an mvpd so that it encompasses aereo, would that ever become part of what you guys are doing? is. >> guest: i knew there was an open proceeding as to what the classification should mean. as a general matter, my own view -- without commenting on the particular case -- is that we should refrain from applying the mvpd classification and the whole panoply that apply under it to companies that are using innov

also with us is al jazeera's jane rath who covered the fighting in fallujah.e appreciate you being back with us. jane, i want to start with you. this has been sort of off of the u.s. consciousness for a while. we have been out of iraq. our forces are now taking responsibility here has this violence? >> i think it's only been sudden if like most people in the west, you haven't been paying attention and you want to think, as we do, that iraq is just ticking along fine. it hasn't been. the country is essentially partitioned over the last year. you can't really get from baghdad to fallujah. it's less than 40 miles. there have been protests every friday. there are real griefances there. and there is a growing gap between the iraqi government and the other parts of the country. so, this has been simmering. >> so talk a little about who is responsibility for this latest flare-up and what does it mean? is it a true re-emergence of al-qaeda forces there? >> it's hard. we have a chicken/egg problem here. is it sunni recal sit trans or the she agovernment and the fact is

. >>> it rathe iraqi government i going after a group connected to al qaeda in the city of roumani.aid to show an attack on the headquarters of the city of iraq. the rise of al qaeda has become a serious challenge to prime minister al maliki's government since 2011. al maliki is calling on the militants to give up their fight. >>> now to the trip overseas that has become both a diplomatic headache and an international side show. dennis rodman in north korea again. he sang happy birthday to the country's brutal dictator and played in a basketball game. but the family of an american prisoner in north korea is worried about this trip and it will do nothing to help set him free. here's abc news reporter bob woodruff. ♪ happy birthday to you >> these serenades rarely draw international criticism unless you're dennis rodman singing to the dictator, kim jong un. rodman's presence bringing a team of ex-nba players fr a game. >> i love the guy. the guy is my friend. forever and ever and ever. >> reporter: this is rodman's third trip to north but this time his so-called basketball diplomacy i

rath became the first boston goalie to shutout the sharks in san josi since 1998. >> coming up, alexood one this morning. get two biscuit sandwiches, with your choice of country grilled sausage, egg, and cheese, or bacon, egg, and cheese, both on my new southern style biscuits. you'll save some cash 'cause right now they're two for just three bucks. c'mon cody... let's get some breakfast. you drive. i traded the car for the tattoo. [ man ] adventure, it means taking chances. it means trying something new. [ woman ] just, that uncertainty of what's to come. [ man ] just kidding. ♪ can you please stop doing that? ♪ [ woman ] you walk outside, and it's cement and broken glass. and this is just like... the opposite of that. ♪ the opposite of that. [ angelic music plays ] ♪ toaster strudel! best morning ever! [ hans ] warm, flaky, gooey. toaster strudel! [ female announcer ] try new pillsbury heat-n-go mini pancakes. ♪ [ male announcer ] don't wait for awesome... totino's pizza rolls gets you there in just 60 seconds. ♪ [ man ] yo buzz! drop that beat! remix! ♪ hey! must be the honey! ♪ ♪

. >> the quarrel actually developed after rath insulted him accusing miroslav macek of marrying for moneytough guy world, if you're accused of something like that, you're not a real man, so he was defending his manhood by slapping the other guy on the head with a pretty childish way of showing your manhood, if you ask me. >> talk about airing your dirty laundry in public. >> it wasn't long, of course, before the incident escaped the borders of the czech republic and was being shown on tv stations all over the world. so it was a slap that was heard around the world. >> this sort of thing used to happen in american legislative chambers a lot, even in the u.s. senate a century ago. i guess we've outgrown it. >> or have we? if you thought american politicians were above childish play, hold on to your hats and take a look at this next clip. >> oh! >> we finally get some good old-fashioned american brawling. of course wouldn't you know it would be alabama. >> southern hospitality flies right out the window during a legislative session in montgomery, alabama, in 2007. the day ends with a bang. o

politicians from either party who cross chris christie in some way then feel his rath.ther republican state legislator who criticized the handling of a blizzard in 2010. very mild criticism of a handling of a 2010 blizzard. he was warned by the governor's staff to not show up at a meeting he was holding. he told an aide, he got what he deserved. the things that all of these acts of political retribution have in common, they're all directed at political players or at least people who are inside the political system. people who have opted in. people who are playing the same game that chris christie plays. people who are involved in politics. but this time in the bridge scandal, it was not somebody inside the political class that was hurt. this wasn't political retribution that just landed on mayor mark sokolich in ft. lee or leader of the democrats who represents ft. lee, senator loretta weinberg. no, this time it was hundreds of thousands of innocent people trying to get to work. trying to get to school. it was the first week of school. trying to get a response from an a

liz: hills len rath one of the best in the business.ly. >>> mystery solved over months of trying figure out who bought a francis bacon painting. we'll give you details of the billionaire buyer in a few moments. >>> jeff flock looking at a surprising trend in the housing market. what are you doing? >> i hold in my hand what could be the future of the home construction industry. i have the expert right here with me. hold my microphone and tell you, what you need to know about the housing market going forward. ♪ [ male announcer ] this is the story of the little room over the pizza place on chestnut street the modest first floor bedroom in tallinn, estonia and the southbound bus barreli down i-95. ♪ this magic moment iis the story of where every great idea begins. and of those who believed they had thpower to do more. dell is honored to be part of some of the world's great stories. that began much the same way ours did in a little dorm room -- 2713. ♪ this magic moment ♪ ♪ this magic moment so i can reach ally bank 24/7, but there ar24/7.b

film is in a sense a rathe rather-- form i have always thought because it is so easily powerful. i mean there's nothing easier than a chair in a film theatre and being seduced or overwhelmed. but beneath that ease, that there is a tremendous strength, a tremendous imaginative tickle that i get, that everyone gets from films. >> since the time i was a little kid i was very blond when i was tiny. and you know, god was very kind to me, took my hair away when i was about 30. but you know there are is something for every 500 or 600,000 cubans that are made who look more typically latino they throw one or two in to check out everybody and make sure you know to find out what's going on on the other side. but basically, most of my parent-- both my parents were more typically latino looking. i guess i have my brother and i have an older brother and i guess we both were the result of a recessive genes. i had an irish great, great grandfather who em grade-- emigrated to cuba many generations ago so it came down to me. and it was confusing because in my household we were very cuban and yet w

so i think our appropriate focus is on those measures rath or than just on the absolute size of your portfolio. is that sensible? >> i think that is sensible, senator. we are very focused on achieving our dual mandate which is we absolutely want to avoid deflation. we have a 2% price stability objective. we're trying to get the economy back to full employment. i do think we've made progress, but we're not there yet. on the other hand, you know, if we recognize from the outset of the asset purchase program there are costs and risks associated with large balance sheet. >> thank you. thank you, mr. chairman. >> senator johanns. >> mr. chairman, thank you. and it's good to see you again and thanks so much for stopping by the office the other day. i -- >> my pleasure. >> i felt like we had a good conversation, and i'd like to continue, if i could, with a few questions along the lines of what we talked about in my office. i found your testimony about asset bubbles to be interesting. just before the chairman turned to me, i looked at where the dow was at, it's about 15,850. an economy that,