rosenberg case. including a book he co-authored with joyce milton called the rosenberg file. stephen is the senior washington editor for bio century.com and the author of engineering communism, how to american spies founded the soviet silica and valley. he has published several major articles on the rosenberg case. alan horn bloom. he is the author of the invisible harry gold. the man who gave the soviets the atom bomb. at the far end to my right, i colleague mark kramer. the director of cold war studies at harvard. i would like to start, if you don't mind, with the history of the rosenberg case. and as professor claire should talk to us. >> john haynes, we have co-authored so many books we can't remember who writes what. john will offer a brief pre-seed of the biography of the case. i would like to take a minute and mention something i don't think will be addressed directly by any of my colleagues. i am fascinated by what the rosenberg case illustrates about the tragedy of the jewish relationship wi

rosenberg: it is very hard.t the precrisis normality and when we talk about that what is the metric? what is the level of inflation adjusted yield available in the bond market? historically that inflation adjusted yield was around 2%-3%. today it is negative. tom: to rip up the script jeff is saying that janet yellen will block it. that she will have to retract. are they going to be like the japanese 14 years ago that they will raise rates and then say -- we were wrong. rosenberg: the criticism particularly is whether or not this is a repeat of what the european central bank ended up doing in 2012 for the shift was in the matter of three months to six month. will the fed have to backtrack? over a long period of time that's part of it. olivia: he said in 2015 they will take it back. rosenberg: well it depends how quickly. olivia: much more to discuss with jeff rosenberg but a nice segue to the twitter question of the day. ♪ tom: a beautiful new york city spring decidedly here. a little bit of snow left over but n

rosenberg ghani offers hope for the u.s. president it says in the editor. >> he doesn't need all the chitchat he's not like dye who karzai who was often moody and belligerent. ghani runs an incredibly weak government. john kerry had to go there and personally negotiate the deal in which ghani was the president but abdalla business political rival, has created an office called the ceo. they do not get along. karzai for all its corruption did have a unified government. that deep commitment isn't there and that's a deep worry for the u.s. >> the relationship is slightly better. the priorities, mr. lyons afghanistan is still struggling. >> general campbell saying we've got to slow down the redeployment back to the united states. he went to afghanistan early last year, took over the job was vice chief of staff of the army, took over the army with the foresite that knowing pulling out by 2016 was too early. >> do you think it very well could happen? >> if ghani wants u.s. forces there, then our president could say welt look, this

sinclair says rosenberg never set foot in these rooms again.made a new life in new york. what do you remember about your grandfather's gallery here? >> rosenberg started over in an elegant new york townhouse that is still owned by members of sinclair's family. >> that was the thinker of rodin. which was i think it was just to the right of the steps. >> sinclair herself was born in the u.s. but raised in paris. as a child she returned to new york nearly every winter see her grandfather until he died when she was 11 years old. >> and so new york was an enchanted city. i was so happy to come here. >> and she felt that way until those painful weeks in 2011. the journalist who made a name for herself in france was tough interviews suddenly found the tables turned on her in new york. sinclair believes that she as the wife of the accused should have been off limits. >> i am curious though, if this had happened in france as a journalist how would you have covered this story? >> as you talk about me, i always thought that our joyce and sorrows are our m

rosenberg now mr. rosenberg, how concerned should the u.s. be about is that situation in afghanistan specifically with what we are seeing in iraq, and now what we are seeing in yemen. if you pull out too quickly the afghan forces are not equipped to deal with. and you will have the taliban pushing further in the isis claim coming out of the afghan, will tell you that's just taliban doing a little bit of rebranding, there's no real connection to anybody in the middle east, there's an al quaida presence that has not gone away despite the fact that they have been defeated and don't discount that counter terrorism mission the administration want today emphasize that the troops are there to train advice, most of them are, and that keeps them out of harm way but about 2,000 of that, are there to do counter terrorism. that's to target militants that's why they want more troops to keep the bases open, and collect more intell, you are able to do more of those raids, those are a huge part of why the numbers are staying up there. they are not ready to d

. >> next, on "american history tv speakers discussed the rosenbergs's devotion to the communist cause. this 90 minute event took place at the national archives in washington dc. >> good evening ladies and gentlemen. i will get us going. i am the senior adviser of the pulitzer center. a harvard professor emeritus i'm happy to add, and a former journalist for cbs and nbc. our program focuses on the rosenbergs and the role they played in soviet espionage in the united states during the cold war. it is a heck of story. to start with. i'm sure you are all here because you are involved in it emotionally or intellectually. it is a story that goes back to the 1930's when young people joined the communist party in the united states, and world war ii came along, and the united states in the soviet union were allies against hitler. a number of people carried on emotionally an attachment to the soviet union. in this part

rosenberg. >> first of all bill.t's important to recognize our european allies are standing steadfastly with us on isis. on iran, on combating putin and i think the notion, i think charles krauthammer is simply wrong. >> let me stop you there. how many sorts, our european allies flown against isis and syria. >> i don't know the answer. >> the answer is mr. rosenberg. >> yeah. >> the answer is zero. >> but, bill, we also found out. >> wait, mr. rosenberg. this is a no spin zone. you said they are standing steadfastly with us against isis. they have flown zero sorties in syria against isis. and in iraq 90% of the bombing is done by america. so if they're standing steadfastly with us. either their planes are out of gas okay, or the word stead fast is escaping me. go ahead. >> i think it's accurate to portray that the united states and europe are not working hand in glove in all three of these crises together. >> what is being done to stop putin to from taking ukraine over. >> bill, we have had unprecedented sanctions in

days and rosenberg with us in an hour ago -- in an hour or so will say later, how do you get in thisparlor game of gaming our central-bank ? peter: f:.: well the fed gave us a calendar-based view of race, and now they are trying to move to a data dependent view of rates, they still published the dots, so we are left between their time passed and the data and now we enter the mix, in comes stan fisher saying 0 is the wrong number for this economy, so there is a lot of mix right now. tom: the mixture andin washington, peter wallace, how we got into this mess, let me guess, both of you as august mines, how distorted are we right now, peter wallace? peter w.: terribly. we are more distorted now because the fed has made some decisions that are very unclear, and we're operating under a regulatory system now that is far different from what we had in 2006. tom: have we changed, steven fisher, from income statement dynamics, companies doing that over to balance sheet distortions with the fed and wanted of easing? peter f.: yes, seven years of interest rates is a funny place to be, that means

david rosenberg is with us. he says this right here is a buying opportunity, and he is here to name some names of things he likes right now. >> and we've also as you just heard got a new round of stress tests coming out at 4:30 p.m. eastern. those results are what investors in the financials and, frankly, in the broader indexes have been waiting for. will banks be able to up jury dividends, return capital to shareholders and should they? the results could move the bank stocks big time in either direction. this used to be the biggest dividend paying sector of the market. we'll have the results and the fallout to you first. >> leading up to it they have been pretty strong. we will shake things up after the close with shake shack's first earnings report as a publicly traded company. the popular burger joint took wall street by storm on its ipo day at the end of the january. remember that day there, kelly? the crazy line outside the exchange when they set up a mobile restaurant and people couldn't get enough of the

. >> b rosenberg library is unique in that it not only has an archive and a book collection, but also a museum. we have approximately 8000 objects in the museum collection, including artwork, textiles glass. recently the smithsonian portrait gallery had an exhibit on the war of 1812 and borrowed this wonderful portrait of jean-lafitte, who had a basic here in galveston after the war of 1812. came here in about 1850 or so. relations between jean-lafitte and the u.s. government had soured and he and his brother p air were -- pierre were hired on as informants for spain. so, he used galveston as a piece of operations for not only sparring, but also his privateering endeavors as well. it is a really unique piece. a local family was building a mansion between 24th and 25th street on broadway. when they were tearing down the old house and laying the foundation for the new one, they discovered a number of confederate artifacts, and this painting rolled up in a tent. the family took this as a possible jean-lafitte painting, and in the 1970's, the piece was donated to the library. however it w

arthur rosenberg is here is knows a lot about what happened here.e is shaking their head first of all. there is a bit of assurance you can give to the people in the united states saying this is not supposed to happen according to faa regulations. >> guest: this was a horrific accident and our hearts go out to the families. but everyone should know in the united states and canada this wouldn't happen. there are two pilots required in the cockpit all of the time. so a flight crew member and a non-flight member, a flight attendant, in the cockpit. and in europe the other european carriers elected to not follow that rule. so today's day and age where the aviation industry is on notice of this for 15 years. we have egypt air silk air, i was here with jet blue with a fears ago. you should always have two people in the cockpit. >> there is still the possibility that 370 was a deliberate act. >> guest: absolutely. i am involved in that still. we represent some of the families. that is a mystery. >> we can leave that one aside but it is as a possibility. let

up next david rosenberg speaks with us exclusively.e'll talk about these markets in rally mode the economy, the fed policy. what we learned this week from janet yellen. >> currencies. >> thank you. just where i was going. stick around. we're back on "the closing bell." and i quit smoking with chantix. i told myself for so long that i needed to quit smoking. i would quit then i'd go right back to it. chantix absolutely helped me quit smoking. along with support, chantix (varenicline) is proven to help people quit smoking. chantix helped reduce my urge to smoke. some people had changes in behavior, thinking or mood hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. some people had seizures while taking chantix. if you have any of these stop chantix and call your doctor right away. tell your doctor about any history of mental health problems, which could get worse while taking chantix or history of seizures. don't take chantix if you've had a serious allergic or skin reaction to i

. >> you thank you very much for hearing this tonight my name is jay rosenberg the chair of the hayes valley association greening committee and i represent them as the appellant on behalf of the greening committee on the hayes valley association had it appeal is protesting the removal of two tries on hayes there's numerous reasons to not permit the removal the numerous public value their that environmental benefits and economic gins their aesthetic beauty on the block of hayes street the public works and the city and county of san francisco recognize the importance value and the enforcement of street trees the planning department is promoting uttering and the known public value on hayes should not be dismissed they're more in a nundz they provide healthy environment for habitat and removing pollutant and reduce energy accumulation they should not be overlooked san francisco prides itself on a beautiful city and time to uphold those privately held issues they provide the hayes valley neighborhood association has invested and tributed to the overall character and the shaving aesthetic t

. >> commissioner tan and commissioners mark for rosenberg and bloom could we get the overall this is the chinese opera house in 4925 had the original seats and the ageism per sin wall it's a deep thing going up is is 50 foot fly tougher you can see the proposals up and down it's a historical landmark buffalo place original necessary on from 1925 in chinese so the problem we're going having the planning department and i you know, i want to take issue with the planning department because this is a historical landmark from chinatown been there since 1925 they said well, we don't have complete reported so it's not allowed entertainment and theatre use is no longer or movie theatre is no longer allowed in the district it's going to be i'm assume we will get the permit, however it's taking my clooiz client a lot of money and time i've been beating around the fire department we have to pretty much show continuance use in the fire department with no longer then than a two year break in permits bruce lee is a famous kung fu artist and the first movies in america where at this theatre my clien

eastern time espionage historians talk about julius and ethel rosenberg who leaked secrets about the atom bomb to the soviets in the 1950s, panelists discuss the devotion to the communist cause and their controversial execution. that's tonight at 6:30 p.m. eastern here on american history tv. >> this year, c-span is touring cities across the country exploring american history. next, a look at our recent visit to greensboro, north carolina. you're watching american history tv, all weekend, every weekend, on c-span 3.

host: the rosenberg library is unique in that it has not only in archive and of the collection but alsouseum. we have approximately 8000 objects in the collection, including artwork, textiles, weaponry glass all sorts of wonderful things. well recently, the smithsonian portrait gallery had an exhibit on the war of 1812 and borrowed this wonderful portrait of jeane la feete who had a base in galveston after the war of 1812. he came here about 1815. relations between la fete and the u.s. government soured. he and his brother pierre were hired on as informants for spain, which at the time, mexico was trying to gain independence from spain. so, he used galveston as a base of operations for not only the sort of spying but also his privateering endeavors as well. it's a unique piece. the provenance is interesting. a local family was building a mansion on broadway. and when they tore down the old house and were laying the foundation for the new one, they discovered a number of confederate artifacts and this painting rolled up in a tent. the family took this as possible jean lea fete painting.

jeff rosenberg, thank you all for breaking that them with us. the t-mobile cb -- the t-mobile ceo is in new york today to announce the company's latest plan to rewrite the rules of wireless. stephanie ruhle is at the event. stephanie, take it away. stephanie: surprise, surprise, john wants to rewrite the rules. we never heard you do that before. john: i just want to say you are deathly not the coolest person in your family. stephanie: i brought my son here today. i knew it was going to be a party, but what is it for? why are we here? i came for the food. >> we have been ninth for two years ago now. the moves have been the way the company has gone from 33 million customers to 55 million. we are growing extremely quickly but we are about to do to the business sector what we have done to the consumer environment. >> it does not seem like a business partner. >> the revolution was about finding pain points and solving them to make structural changes in the industry. amongst those were no contrast, any time, financial data roaming. simple, transparent

coming, visit the rosenberg library museum, the repository for much of galveston's historical heritagehave so many items related to the history of galveston. we are the keeper of the history. >> later, step aboard the tall ship elissa, a ship that once delivered goods to the city. >> she sailed and arrived here in galveston about 100 yards from where we are standing out in 1883 with a cargo full of bananas. >> we begin our visit off its shores and into the surrounding waters. the fort is a major reason why the island city exists today and plays a dominant role in its economy. >> the first land grant for galveston came about in the 1830's, and it came to a guy called michelle minard and some of his other investors. samuel m a williams was one of those. they had someone come in and lay out the plots for the city and began selling lots in the late 1830's. galveston was officially founded as a city in 1839. what is attractive about galveston it was a natural harbor, and it was the only one between mexico and mobile alabama. there was this natural affinity to bring in goods and people into

the bureau of alcohol, tobacco and firearms showed up unannounced at the manufacturing business in rosenbergit happened the engelbrechts are licensed to manufacture firearms they don't have. >> we've never had them. >> have you had this type of inspection before from the atf? >> no. >> what were they looking for? >> they were looking for a way to scare us. >> in july of 2012 yet another federal agency, the occupational safety and health administration showed up unannounced at the business to conduct a surprise inspection. after spending two full days scouring the business for workplace violations, osha found several infractions, for example a forklift operator wasn't using a seat belt. osha imposed some hefty fines. >> i think our tally for that little tour was about $22,000 something like that. >> $22,000. >> maybe more than that. >> so four federal agencies are now looking at them. the irs, the atf, the fbi and osha. isn't it possible that this was all just a coincidence? >> couldn't that be great? but you start tackstacking it all up. and at some point if it walks like a duck and quacks l

the lieutenant governor, attorney general healy, state treasurer goldberg, state president stan rosenberg state speaker of the house, and the mayor of boston, marty walsh. [applause] and especially pleased to see so many future senators in our midst, and there are 50 students here today as their badges show from every state in the nation and they will or being here, and, of course -- of course, our thanks to the kennedy family who made all of this possible. with the kennedys please stand up, all 370 of you? [laughter] [applause] thank you so much. and thank you for this honor. the united states senate chamber in which three kennedys have nobly served. the kennedys are the only family to send three brothers, john bobby, and teddy to the united states senate. the kennedy family has a remarkable record of public service, and i would like to recognize all of those in the family who have served ambassador jean kennedy smith, connecticut senator ted kennedy junior, congressman patrick kennedy, senator joe kennedy the second, senator joe kennedy the third, ambassador caroline kennedy, lieutenant

let's bring in arthur rosenberg an a vegas attorney for more on this. in the same sense that we've learned that this couldn't really happen in the united states because of a two man rule, always two people in the cockpit the rules about pilots reporting mental illness are largely the same, it's up to a pilot to say, hey, look, boss, i've got a problem here. there's no way even more an american pilot for the airline to snow it unless he dis cloelss it. >> yes. so here is the bottom line with that. you're making the pilot the conduit through which all information regarding his physical and mental health flows. now, if he's smart enough to realize that he's got a mental problem he might not want to report the problem. if he's mentally ill he may not even know that he's mentally ill. here is the bottom line, once a year for younger pilots twice a year for older pilots they get a physical examination. they really should be psychologically evaluated during those periods of physical examination. a doctor looks at them, art rate, heartbeat are you healthy, are

. >> the rosenberg library is unique in that it has not only an archive and a book collection, but also a museum. we have approximately 8000 objects in the museum collection, including artwork, textiles weaponry, glass, all sorts of wonderful things. recently, the smithsonian portrait gallery had an exhibit on new york 1812 and barred from us this wonderful portrait of john lafitte who had a base here in galveston after the war of 1812. he came here about 1815 or so. relations between lafitte and the u.s. government had soured and he was, in fact, hired on as informants for spain which, at the time, mexico is trying to gain independence from spain. he is galveston as a base of operations for not only spying but also his privateering endeavors. it's a really unique piece. a local family was building a mansion between 24th and 25th street on broadway. when they tore down the old house and were laying the foundation for the new one, they discovered a number of confederate

celeste cotano lenny feldman and sandler, travis, and rosenberg. lisa josemino of risk management. alexander latham of costco. amy magnus, adam solerno, u.s. chamber of commerce, and madeline beeling expediters international. michael white international air transport association, and michael young, orient overseas container line. they are going to be joined by eight reappointed members. david berry, scott boyer of kraft foods brendan freed ofsusanna hager, elizabeth merritt julianne parks and kevin pennell. what a strong and diverse team. everything that you want on your thinking through these complex issues and the amount of time and the effort they spend and the fact they had such great support from the organization's and companies is really unbelievably, incredibly helpful to us. i look forward to continuing to work with them. in our agency collaboration is important as many of you know. we work closely with treasury. 10 cannot be a better partner with us in these areas. -- tim cannot be a better partner. we are involved in on a regular basis and it is a true commitment by the i

arthur rosenberg joins me, aviation attorney, a commercial pilot and an engineer.edgeable about this world, and that's why i brought you here, because i have so many questions. i mean, this is -- it's always scary when a plane goes down because we take our safety for granted in the skies because, you know, it seems like statistics bear out it's a much safer way to travel. but since 9/11 everyone's been on edge, and whenever one of these things goes down, it lowers our confidence in that mode of transportation. what do you think happened here? what do you think about this guy's motive, bringing the plane down? >> so everybody wants to know why. kennedy: yes. >> why did he do it? here's the bottom line, the why question doesn't matter. the question that needs to be answered and is answered is that human beings do this, and even before 9/11, 1997, '99 -- kennedy: yeah. >> silk air, egypt air, leaving one person alone in a cockpit ferments trouble. you are creating an environment for a problem. now, when 9/11 came around and the faa mandated the reinforced cockpit door

. >> joining us is republican strategist adam goodman and from washington simon rosenberg, presidenteft think tank. adam, start with you. the president is embarrassed. is he embarrassed for the senators. wow, that's some big words. >> i think it's much ado about nothing. first of all, this is not without precedent. you look at jim wright going down and having conversations with ortega at the time of the contras in 2000. carolyn medley and the treaty affairs in moscow. in 2000 biden going himself to the u.n. to plead for senate prerogative who h. to do with u.n. reforms. the real question about the letter you can disagree or agree about whether or not it was the right way to go. i i will tell you one thing, what should concern us most? a letter or nuclear bomb? >> sure. >> hey, simon, president obama is gone in 21 months. the rest of us are stuck with his lousy foreign policy for eternity. i'm okay with the senators sending a letter to the supreme leader of iran. i'm worried about iran. i think iran is our biggest threat. i think they are a big arer threat than north korea, china or a

. >> the rosenberg library is unique in that it has not only archives and a book collection but alsouseum. we have approximately 8000 objects in the museum including textiles, weaponry glass, all sorts of wonderful things. recently, the smithsonian portrait gallery had an exhibit on the war of 1812 and borrowed from us this wonderful portrait of him. he came here about 1815 or so. relations between him and the u.s. government soured. he and his brother were hired on as informants for spain. at the time, mexico was trying to gain independence from spain. he used galveston as a base of operation not only for spying but also his privateering endeavors as well. it is a unique piece. the provenance is interesting. a local family was building a mention between 24th and 25th street on broadway. when they tore down the old house laying the foundation for the new one, they discovered a number of confederate artifacts. this painting was rolled up. the family took this as a possible jean lenfitte painting and the piece was donated to the library. it was speculation that led the early folks to b

david rosenberg says wait until next year. this week's job data will give us more clues. we will get the adp employment report which will provide the signal on wage trends ahead of friday's job data. the fed, releasing its beige book. there is a lot for economist to be clenching over this morning. car over to donna -- carl, going to sort it out for us. are we going to see a lot of negative news because of the winter? >> there are two angles we have to focus on. one is the ongoing absence of wage pressures in the economy. yellin highlighted that in her testimony before congress. the page book has his did -- has hinted we are starting to see wage inflation and shortage of skilled labor. the easiest way to have workers show up is to offer higher rate of compensation. we have been seeing that in the beige book. we will look for broader evidence of that an actual evidence that employers are raising wages. betty: could you point to walmart and others who have come out with a lot of press, saying they are raising wages? >> we are getting close to the level of unemployment where

david rosenberg even looks for some form of wage inflation becoming cost pushing. dr.e are not seeing that so far, tom. this last report was 0.1% increase in wages. tom: agreed. dr. shilling: you are getting low paying jobs being created and you have globalization and businesses under tremendous pressure to cut cost. tom: you would recommend that olivia sterns by the 30 year bond this morning? dr. shilling: yes, i would. tom: why? dr. shilling: let me tell you why. [laughter] the yields on almost every european sovereign are higher than american. is the portuguese ten-year sovereign a better paper than the 10 year treasury? i don't think so. tom: this is important. 99% of other people say the portuguese yield will go higher. ndamukong suholivia: why? dr. shilling: why? tom: you both said why at the same time. dr. shilling: i think this is the euro of the dollar. why wouldn't people buy treasuries and sell european debt? what am i missing? olivia: you brought in a monopoly game of inflation? i assume you made this yourself. if we are printing all of this money and the f

prior to that she was chair of the tax and litigation group at rosenberg and martin greenberg in baltimore. ms. cirolo we welcome you to the committee. we look forward to hearing from you. caroline: the department greatly appreciates the commitment that the committee has brought to this very important issue. combating the theft of personal information to file fraudulent claims is a top priority for both the tax division and u.s. attorney offices across the country. your your efforts to bring attention to this insidious crime will help detect and report identity theft and fraud. today's hearing also sends a strong message that the government is determined to identify and prosecute the individuals behind these schemes and in doing so will bring all its resources to bear. the department's tax division has one purr, to enforce the nation's tax laws, fully fairly and consistently through civil litigation and criminal prosecutions. our close working relationships with i.r.s. criminal investigation, tigda, the f.b.i., the u.s. attorneys offices and other state and local partners continue to enhan

. >> joining me now msnbc political reporter alex seitzwal and simon rosenberg, a former staffer for the 1992 clinton presidential campaign. thank you both for joining us. >> alex let's start with you. the state department says this will take several months to review and release these documents. >> yeah that's right. secretary of state john kerry speaking in saudi arabia said they are going to try to do this as quickly as possible but they have, you know 55,000 pages of documents to go through and they are in an awkward position here. they have to sort through the documents and make, you know fairly delicate calls about what can be released publicly and what's national security and should be private. for instance, are there communications with the president they wouldn't want to put out there and no matter what they are going to get hit either way, hit for not releasing enough and might get hit from clinton allies if they release something that ends up being embarrassing for her so this could come after she's announced a presidential run and could create a whole new round of news sto

. >> grim brandt and black box's jim rosenbergers here to talk about fed hikes. >> patience! fedex delivers results but will they stack up to the street's expectations. we'll break down with analysts. >>> and protests in germany clashing with police ahead of the new ceremonial opening of the ecb building as the second hour of "squawk box" begins right now. >> announcer: live from the beating heart of business new york city. this is "squawk box." ♪ >>> welcome back to "squawk box" this morning. right here on cnbc. first on business i'm andrew ross sorkin with becky quick and joe kernin. the fed expected to lay the groundwork in the first interest rate hike in nearly a decade. steve liesman joining us live from washington in just a few minutes. take a look at u.s. equity futures. see how things are standing up. they're dropping in the last 20 minutes. dow about 46 points off. nasdaq 6.5 points s&p 500 off about 5 points this morning as we all the way for this word "patient," not patient, what's going to happen? >> again, for a while, nobody was willing to place a bet but now it

we had jeff rosenberg on earlier this week, and he said we will not see consumer spending the extra cashhave the perception of the discount is permanent. carl: the improvement in consumer sentiment is more the confidence in the economic outlook, i think relative to main street america understanding the dynamics. olivia: what about the weather? carl: this is the big question for february. we should see the gas price tailwind the labor market kicking in the stronger consumption, but february is a very lousy month. the jobs report is weak. retail is a full month's survey. we had called weather, big risk for retail. olivia: you know what was selling well? those little puppy shoes for the snow. tom: i saw them yesterday and 60 degree weather. puppy shoes. you are right. you are so manhattan. gerardo rodriguez with us. i want to talk about confidence in emerging markets will stop we talk about the bloomberg consumer confidence index. how do you measure confidence in mexico of the people of mexico? is that easy to do? gerardo: absolutely, and you can gather that based on overall business sentim

i also want to thank howard core bob:, lillian pincus, and my old friend lee rosenberg and , all of aipac'soard and members for walking me tonight. i also want to thank the members of congress. [applause] i want to thank all the members of congress who represent america strong bipartisan support for the state of israel. [applause] and all the young people here today, some 3000, who represent -- [applause] some 3000 young people who represent the bright future of the u.s.-israel special relationship. i brought one of those young people with me tonight. my 17-year-old son jake who , insisted he had to come to aipac. [applause] but i want to take a moment, before i begin, to remember three young men who aren't with us here today. i want to call us back to those terrible days last summer when we were united in grief over the horrifying kidnapping and murder of three israeli teenagers. [applause] as a mother, my heart breaks for such unspeakable loss. those boys where our boys. and we continue to mourn their tragic loss. the last time i spoke at aipac it was to the synagogue initiative lunch. th

tom: i learned from michael rosenberg's classic book on currency forecasting that it is about one of around or a relative interest rate started. which is it that gets you to a strong dollar? alan: i think it is both actually tom. interest rate is the key driver driving capital flows, and of course do not forget what has happened here. we have had negative rates in europe, which is unique and that is really driving substantial outflows from europe. tom: is your policy janet yellen friendly? alan: i think it works with the idea that the fed can go slow, that inflation pressures will remain subdued partly because the dollar is strong. tom: a stronger dollar imports disinflation and deflation into the united states. brendan: exactly, but let's take a look at europe, alan. over the long term, we know that the longer euro is good for german exporters. is it also good for the tourist economies? alan: it should be. this is one of the perverse elements that germany was resistant to keeley. -- to qe. germany probably benefits more than anybody else. you have a going up against 10% of gdp -- st

david rosenberg is with us.uying opportunity, and he is here to name some names of things he likes right now. >>

mine is an incredible thriller book called "the third target" by joel c rosenberg.s. >> there are these great tattoos. they're call lew lew tattoos. hannah has one on her wrist. look at ella's wrist. take off your boots >> but her tootsies might get cold. >> hold on. look at that. see it says "love" down here. can you see it? >> tell us what you said last night. >> the thing that works for colds is we put vicks vapor rub on the bottom of their feet. and they fell asleep mpl my mom used to slather it all over my chest. but on your feet. who knew? >> those tattoos $22. they wash off after two weeks. >> if you don't bathe your children a lot they'll last a long time. speaking of your kids, from stroller to bottles, even a daddy backpack, the must have baby products of the year. >> then exercise your face. we'll find out if working out your face can help you shed the years. >> "breaking bad", the many faces of david constable. nice job. [ hoof beats ] i wish... please, please, please, please, please. [ male announcer ] the wish we wish above all...is health. so we quit

i also want to thank howard core, bob cohen, lillian pincus and my old friend lee rosenberg, and allf aipac's board and members for welcoming me tonight. i also want to thank the members of congress. [applause] i want to thank all the members of congress who represent america's strong bipartisan support for the state of israel. [applause] and all the young people here today, some 3000, who represent -- [applause] some 3000 young people who represent the bright future of the u.s.-israel special relationship. i brought one of those young people with me tonight. my 17-year-old son jake, who insisted he had to come to aipac. [applause] but i want to take a moment, before i begin, to remember three young men who aren't with us here today. i want to call us back to those terrible days last summer when we were united in grief over the horrifying kidnapping and murder of three israeli teenagers. [applause] as a mother, my heart breaks for such unspeakable loss. those boys were our boys. and we continue to mourn their tragic loss. the last time i spoke at aipac it was to the synagogue initiat