just fine so you have some serious thoughts on this is this rick snyder kevin or is goal from the start well what a combination put snyder in or together with wall street and then have a media unwilling to talk about things the hugest talked about very well put by the way i mean just you just distilled exactly the problem one thing i would add to it was was the use of wall street's derivatives in swaps to put these cities out of business understand that is that was the big trend not just in detroit but in cities all over this country we're going to see a repeat of what has occurred in detroit for the cities that can live past these swaps and in. rivers but basically what ends up happening is it when you if rates go up when they've been sold the swaps and derivatives then the city is paid they're paid money if the rates fall then the city has to pay the banks now here's the edge to that the the wall street types absolutely knew there was no question that these assets that they were selling to the cities these swaps and derivatives were going to crash and if they went down then of course

just fine so you have some serious thoughts on this was this rick snyder kevin or his goal from the start well what a combination put snyder in or together with wall street and then have a media unwilling to talk about things that huge just talked about very well put by the way i mean just you just distilled exactly the problem one thing i would add to it was was the use of wall street's derivatives in swaps to put these cities out of business understand that is that was the big trend not just them in detroit but in cities all over this country we're going to see a repeat of what has occurred in detroit for the cities that can live past these swaps and in reverse but basically what ends up happening is it when you if rates go up when they've been sold the swaps and derivatives then the city is paid they're paid money if the rates fall then the city has. to pay the banks now here's the edge to that the the wall street types absolutely knew there was no question that these assets that they were selling to the cities these swaps and derivatives were going to crash and if they went down then

didn't screw news we go to detroit michigan or governor rick snyder and his little dictator cabin or obese. sleeping happily tonight that's because a federal court has ok detroit's bankruptcy plan and in all likelihood sent the city down the path toward more economic misery thanks to the course decision the hard earned benefit packages of detroit's twenty thousand retired public sector workers that police firefighters like that are now on the chopping block retirees will have to compete with wealthy bankers and investors over what remains of detroit's finances and let's face it in today's america that's typically the major uphill battle deep cuts to pension cuts are now pretty much inevitable joining us for more on this from detroit about today's ruling as well as what it means for the future of the motor city is the pastor d. alexander bullock founder and national spokesperson for the change agent consortium . change c a c or. action see actions that thank you action cac thank you thank you so much so what's the mood like in detroit those are it's a somber mood you know we've been w

good news we got to detroit michigan or governor rick snyder and his little dictator kevin or will be sleeping happily tonight that's because a federal court has ok detroit's bankruptcy plan and in all likelihood sent the city down the path toward more economic misery thanks to the course decision the hard earned benefit packages of detroit's twenty thousand retired public sector workers police firefighters like that are now on the chopping block retirees will have to compete with wealthy bankers and investors over what remains of detroit's finances and let's face it in today's america that's typically the major uphill battle deep cuts to pension cuts are now pretty much inevitable joining us for more on this probably trite about today's ruling as well as what it means for the future of the motor city is the pastor d. alexander bullock founder and national spokesperson for the change agent consortium . change. or past of all. should see actions that action see thank you thank you so much so what's the mood like in detroit to this or is a somber mood you know we've been watching this n

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. >> reporter: rick snyder vetoed similar legislation because it did not include rape, incest or in casesre a woman's life was in danger. but once this is approved by the legislature is veto-proof. >> what we've seen extreme group right to life use a loophole to circumvent the veto of the governor and the vote of the people. >> reporter: it's unclear how many people will be effected by legislation. >> this is a political loser for republicans and people who voted for it. women are watching. >> reporter: democrats and pro-choice advocates say they will overturn the law in march or take action at the ballot box. >> the deputy head of national security in kiev city had two others under investigation for police attacks on pro tesser prn november 30s. protesters continue to rally against the current government. they began rallying when the president decided not to sign the trade deal with the european union. >>> in a rare move protesters asked the armed forces to help change the ruling. protesters want the prime minister to step down. they're asking for an interim government to step in until e

consider this, even the right wing governor of michigan, republican rick snyder did not want the partypass this into law. >>> new this morning on msnbc.com, a new poll finds 51% of americans have an unfavorable view of the tea party. the democrats have a ten point lead over the republicans in favoribility, 42% to 32%. >>> toronto star bureau chief daniel has served mayor ford with a lawsuit. he's asking ford to retract a false statement that he's a pedophile. he was in his backyard taking pictures of his little kids. he said i don't want to say that word but you are thinking what is this guy all about. >>> a new organization is promoting the affordable care act. >> so, no standing bill. topnotch health care. while you figure that out, when i'm in the oval office call me president barack, president barack. >> that's your morning edition of scrambled politics. if it's friday, it's kevin. good morning. thanks for being here. >> thanks for having me, happy friday. >>> the house passed a bill. why do you think we are learning this now? is this a lesson learned from the shutdown? >> absolute

i do not like rick snyder.'m going to do everything i can to get published and make sure that he is not it. host: ken from michigan not a fan of rick snyder. of "thethe front page new york times" this morning. back to our phones and our question for you this morning. do governors make better presidents? in washington,y pennsylvania. our governor had our cable to boston. i wouldn't have my governor running the country doing things like this right here at home. host: some of the governors mentioned in the reporting this walker ofcott wisconsin and chris christie of new jersey. christie i would support if i was in new jersey. he is an honest, decent man, who is not afraid of government. that is what we need. to what we need and not with the government wants. host: thank you. we go to diane in monticello, minnesota. and, what do you think? the gal whoink called in on the republican line is not a republican. chris christie would make a good president but not scott walker. scott walker would make a great resident. wh

. >> michigan's republican governor, rick snyder vetoed similar legislation last year because it didn't include exceptions to rape, incest or cases where a pregnant woman's life is in danger. under michigan state law, once approved by the legislature, it's veto proof. >> what we have seen here is one extreme group, right to life, with a loophole to circumvent a veto of the governor, a vote of the people. >> it's unclear how many people will actually be affected by the legislature. about 22,000 abortions performed in michigan last year, fewer than 800 were covered with insurance. >> this is a political loser for republicans and people. and women are watching. they will have a very longview. >> democrats and pro-choice advocates say they will try to overturn the law before it takes effect in march to exact revenge at the ballot box. al jazeera. >> next week, the senate will take up a defense spending bill with new rules about how the military handles sexual assault cases. we have heard about women who have been sexuctionly assaulted >> lower jane. >> . >> a place to reflect. a place to es

republican governor rick snyder vetoed a similar measure last -- year, but the new law want require hissignature. dozens of protesters gathered outside a new jersey immigration jail on tuesday to mark international human rights day. were arrestedrs after chaining themselves outside elizabeth detention center to show solidarity with day to knees and families separated by deportations. >> there are many immigrants from the new york area that are processed through the new jersey detention center and this is one of the central processing areas. it was very important to do the action here. there are many more actions across the country in arizona, california. we wanted to stand in solidarity with their brothers and sisters across the country and say it is time for president obama to stop the deportations. president obama can do it with the stroke of a pen, can change the lives of millions of immigrants. >> the vigil was part of a national campaign to urge president obama and congress to pass immigration reform and ended deportation quotas. in texas, and immigrant rights group is claiming to

. >> did governor rick snyder vetoed a similar bill last year but this bill passed without the governor'sreason does not require him to sign off on it. >> it's a weird loophole in michigan law. right to life legislation, they have run this twice before. they decided to use this weird loophole in michigan law if you collect 4% of the signatures in the state of michigan, you can side step the governor and have both chambers of the legislature use a simple majority to pass it and it becomes the law of the state. the people never get a vote. it applies to 100% of the women and girls in our state but only 4% of the people ask for this. >> senator whitmer, thanks for going public. thanks for sharing. it's a national issue as well as an issue for michiganders. thank you for bringing it up. >> thank you, andrea. >> 45 years in the making, returning to mekong river. his first trip since secretary of state to the country he won three purple hearts as commander of a patrol boat. it was a big issue in the 2004 race for the white house. a surprisingly undiplomatic comment to the prime minister, he not

however, governor rick snyder vetoed it because it saddles women unnecessarily with extra costs. what woman ever ands the victim of a crime or potentially being raped? what they want to do in order to avoid having the governor sign the bill, they had to get 3% of michigan's population to sign a petition saying that they believe in this legislation. what's next, they have 40 days to get the legislature to pass it. and because the legislature has voted and passed this legislation it's likely they'll do it again. >> the assertion from -- let me play in her own words, genevieve martin. let's play what she said regarding tax dollars here. >> the impetus behind this is that we believe abortion is not health care and that tax dollars should not be going to subsidize abortion. this is not about the legality of abortion or access to abortion. it really is about who pays for it. >> federal law prohibits taxpayers money from directly funding abortion. we know that and the aca allows states to opt out of offering plans with abortion coverage here but it is an interesting note. you have the r

led state legislature passed similar legislation but republican governor, republican governor, rick snyder vetoed the bill saying "i don't believe it is appropriate to tell a woman who becomes pregnant due to a rain that she needs to selectee -- select. elective coverage. i believe this type of policy is an overreach of government into the private market. but this time michigan's right to life group presented the bill through the state's obscure citizens initiative process. which means the governor cannot veto it. before yesterday's vote, senate minority leader, gretchen whitmer took to the floor. seven minutes into her speech, put down her notes and said this. >> there are people in this chamber that have lived through things you can't even imagine. i have a school league i was trying to encourage to tell his story, but he is grieving. it was a pregnancy that went awry and required a dnc. i started to think about that. i thought i can't push one of my colleagues to share a tough story if i'm not brave enough to share one of my own. so i am about to tell you something i have not shared wit

why wouldn't the completely arbitrary manager, who reports to no one, apparently, but rick snyder putate people and put it into more -- >> there is no guarantee. one of the things we do know is this money will disappear quickly whereas had art is timeless. that art should be in that museum next year and the next decade and 50 years from now. do not sell that art. >> sounds like we're not going to get a quorum. bob is alone. we're running out of time. the snoop thing is completely on the other side of seriousness and, of course, snoop released this app in may called snoopify. he was just on late night television a few days and comeback into play. we thought it would be fun to let our panelists do this app. lets go through and see the snoopification of jonathan capehart looking fantastic. >> i love my crown. >> alex looking snoopirific. bob. luke. >> i like it. >> genius. >> was i snoopified? i don't think i was. i might have gotten out of this. thanks to the panel, thanks for playing along and thank you all for watching "now." alex will be back tomorrow noon eastern for a special editi

. >>> michigan governor rick snyder is the later republican attempting to dial back offensive commentsulprit this time, michigan rnc committee member and former state representative dave agema said at a holiday party last week, folks, they, gay people, want free medical because they're dying between 30 and 44 years old. the spokesperson calls the remarks extreme and discriminatory and told "the huffington post," there shouldn't be room for that in any political party, we must make sure everyone is treated with respect and civility. agema is not a first-time offender. in march of this year, he posted an article on his facebook page that warned of the, quote, homosexual agenda, which was trying to get the public to affirm their, quote, filthy lifestyle. after the break, the south african government now says it is investigating claims that the man who provided sign language interpretation at yesterday's nelson mandela memorial for hours in front of millions of people was a fake. we will discuss next. we know we're not the center of your life, but we'll do our best to help you connect to w

about the open thing they say could head that off is if the state and republican governor rick snyder offers some help to michigan's largest city. >> and if the governor is not going to examine to the table, other parties are not going to come to the table to keep some of their promises to these retirees, then we have to continue fighting until that -- unless and until that happens. >> and so the fight will continue, but now while it goes on, there will be the hard work of trying to reorganize the finances of this city which has some $18.5 billion in unfunded obligations under the ruling, all of that will take place in the bankruptcy court and the hope is that detroit could be reorganized and may be out of bankruptcy next year. sue? >> scott cohn in detroit, thank you very much. >>> time for the "power lunch" countdown. joining us phil lebeau and he is in chicago. start with the big news of the day. the auto sale were good friday, more like a great friday for some of the automakers out there. >> sue, we usually don't think about black friday being important for auto sale but it's clea

rick snyder is fine. going -- i might have as well. >> that is fine. >> a christmas party at betty liu's. >> absolutely. >> thank you. >> my pleasure. .> thank you, tom >> we are talking about disinflation on the radio. this is much better. >> this is from a region where the majority -- >> this is 300 group. -- proof. >> thank you. >> thank you. coming up, much more, not on drinks, but on how the country is cracking down on its obesity epidemic. bloomberg has uncovered a hidden helm of youat the all. we have the details of the soap opera-like story that landed him at the top of his company. we will continue. tom, oh, my goodness. [laughter] >> outstanding. ♪ >> all week long, we have been focused on the growing business in mexico, but one area is growing that mexicans are not proud of, their waistline. they passed an eight percent tax on junk food, and a one peso levy on soft drinks. over two/thirds of mexicans are overweight, so is a tax the answer to skinny a market? someone who has done extensive resea

it's all about detroit trying to reorganize its finances, and michigan's governor, rick snyder, a republicanhe bankruptcy process plays out before he decides whether the state will kick in any money to prop up its largest city. >> scott, thank you so much for all of your reporting this morning. that's scott cohn in detroit, joining us on the bankruptcy hearing. >>> meantime, talk about apple of your eye. the tech giant certainly getting a lot of attention after its acquisition of social analytics firm topsy got the upgrade by ubs and now rumors that china mobile is taking preorders for the iphone 5c and 5s. let's bring in jon fortt to try to make sense of the stock, up almost 2%, something that's very interesting. >> and a lot of things to talk about. china mobile thing. china mobile has told cnn's beijing bureau that, in fact, there is no deal with apple yet. so we're still waiting on that. there are still rumblings that look like that could happen. the network is getting to the point where it's ready to accept an iphone. we know there's been talks, lots of interest, but nothing on that yet

for his thoughts, let's bring in rick snyder. the turn-around, why this after-hours pop and now the weakness this morning? >> i think people were expecting double digit sales. early november had the biggest sale of them all, which they didn't have for veterans day last year. they got off to a good start. and everybody was expecting double digits. we just barely got there. >> this sounds like -- so 10% just isn't good enough or it's more they aren't sure the gain will be sustainable? >> i think it's a little bit of both. if they put up a 10% sales gain, comp gain for the quarter, their sales would still be about 24% below where they were in 2011. >> ouch. >> we also -- i'm sorry, just on profitability we're also expecting on that amount, should that happen, sg & a would deleverage by 400 basis points despite being -- >> in other words, their margin, what they're earning on the clothes they're selling, is falling considerably. >> correct. and i haven't even mentioned the incremental $40 million to $45 million in interest expense. th

. >> the there was this emotional editorial in "the detroit free press" this week hitting rick snyderis the comeback state and that detroit is an integral part of michigan. yet when it comes to pledging to help in any kind of meaningful, tangible way, snyder dodges no bailout for detroit, no financial help for the city, not even for pensioners already in or on the edge of poverty. it comes with a lot of pain, with a lot of outrage from government workers as well. how do you balance that? >> look, that's a great question. and i think the key thing is something that was referred to in that editorial. the average pension at cook county is $34,000 a year. no one is getting rich being a public employee retiree. and at least in our case and i think it's similar in detroit, 80% of our retirees stay in cook county. you're talking about cutting the income, it's a limited income and these people are still in your region. they're spending money, paying rent, doing those things that make the economy healthy. it's why i focus on this issue of governance. we can't go back to '08 and change the past

after michigan's republican governor rick snyder vetoed similar legislation last year, the organizationn. according to michigan law, that means it can't be blocked by the governor's veto. and it can become law without his signature. the law is set to take effect 90 days after michigan's lawmakers adjourn for the year. jesds jessica, we've been talking about women's sexual empowerment and the cultural representation, but how can one be empowered with these kind of policies? >> i think it's really difficult and near impossible. the rape insurance bill i think is just one of the latest. it's worth pointing out that michigan is the ninth state to do this, to put these restrictions on private insurance companies and whether or not they can cover abortion. but i think -- and, you know, i wrote an article about this -- i have a real issue with the term rape insurance. you know, i understand why it's taken off. it's very media friendly. the policy is, in fact, very terrible and awful for rape victims but i think when we focus on rape and the most extreme stories we really run the risk of creati