the roth is being misled. and why this year though why why why it's important it's really been bothering me yes yes you are still bullish precious metals even though you said there is so why still bullish. i guess. he said he said i think precious metals value the central banker they've got a that they're going to keep printing i'm going to keep holding ok we're going to go to break when we come back there's so much more i want to get into more on the year interview with professor david column of cornell university also still ahead we receive some strong responses to our cargo c.e.o. interview this week all respond to your comments both good and bad. they're causing market numbers. on the edge of human capabilities. struggling with pain and dramatic. layouts to become the first. force fall in the. do we speak your language i mean some of the will not advance. your music programs in documentaries and spanish more matters to you breaking news a little tonnage of angles keep these stories. for you here. in troy a

ira i go after eric holder quite a bit yeah you know let's talk about the roth ira you have a major gripe with the roth ira what is it and why it is here to what are they the first one is that the original ira is a very forward looking thing they say the government basically says if you want to put the money away tax free and accrue a tax exempt at the end future generations will get the revenue we'll get our cars but it will be later and point governments don't do that very often right that's a pretty good pretty pretty far so good thing the roth which was put into place while we were attempting to balance the budget i'm not sure that's a coincidence says give us the revenue now in fact roll it over from regular we really want revenue now and we'll worry about future generations later right so it's government taking their cut at the front that's my mind when you think that that's kind of that was the incentive for the roth ira it was for government you know that has been in question i can't rule it out yet but the big gripe is actually i think the taxation on the roth this being mi

. >> booktv continues now with diana furchtgott-roth. she takes a look at president obama's green jobs initiative and argues that it hurts the economy. this is about 40 minutes. >> good afternoon. i'm howard, vice president for policy research at the manhattan institute. thanks so much for joining us. the question of of whether and how government, particularly the federal government, directs tax dollars to specific industries was a discussion in last night's presidential debate, and can it's become an important and ongoing theme in the current presidential campaign. the terms on which washington assisted the finance and auto industries have also been the focus of intense debate, but probably the most contentious example of all is the one on which diana furchtgott-roth, manhattan institute's senior fellow and our speaker this afternoon, focuses in her timely and important new book "regulating to disaster: how green jobs policies are damaging america's economy." in it she subjects the assumptionings and policies which led to such ill-fated

the movie is the story of a troubled hedge fund manager and also stars susan sarandon and tim roth, so here now a scene from "arbitrage." >> everybody wins, if we sell the company. if i live for you. >> you don't have to live. you didn't know about it. that is why didn't tell you. >> that will take away my brokerage license. delmar to supervisor chu. my name in every paper. -- failure to supervise you. >> because it is my job. >> it is illegal, and i am your partner. >> you are not my partner. you work for me. that's right, you work for me. everybody works for me. tavis: i have been so anxious to talk to you. thank you for coming. >> no, it's a great pleasure. tavis: oh, we've done some radio before, but never on television. >> we did, i think it was actually on international aids day. tavis: it was indeed. so i'm glad to have you in the studio. >> thanks a lot. tavis: there's so much to talk about with regard to this film, because there's so many human dynamics and issues at work in this project. i think at the center of the movie, as i see it, at least, is the struggle that so many h

ktvu's rob roth joins us live with what it was like inside that preschool and if police found who they were looking for. >> reporter: police searched this neighborhood for most of the day but didn't find the man they were looking for. earler i with all the -- earlier with all the police activity a preschool went into lock down. >> reporter: while police searched this neighborhood for a burglar, authorities called a preschool and ordered them to go on cold blue lock down. >> keep the kids inside. we don't feel that they are in danger. >> reporter: they have 60 children. >> we brought our children in and we asked them to sit on the floor away from windows and we had the doors locked and the lights out because we didn't know what the situation. >> reporter: the lock down happened close to nap time, when it was lifted parents came to pick up their children. >> you just know that your kid is safe in the school, locked in but it is hard because you want to hold them and hug them and you meant to know that -- you want to know that it is okay. >> reporter: police and sheriff's sheriff's deputi

she is so hot she gives rugs lori roth man burns. i am here with lori rothman. and he is so sharp he sleeps in a scavard. he is "maxim" magazine'sed dore in chief. a delightful magazine. and my repulsive sidekick, bill schulz. and if hilarity was a three-legged race i would enter him with my boss at the company picnic right next to me. comedian, writer and actor and that is four thicks and an extra hand. check out this hand. oh my god. look what is going on. and you would love to set him up lame. it is our new york times correspondent. >> they review hyde park on the hudson. franklin eleanor roosevelt, i kissed a cousin of mine one time and there is no shame in it. it was the summer of 1935, and we were in the south of france and passion was in the air. one thing lead to another and -- [noises]. sorry i just had a wonderful albeit disturbing flash back there. greg? >> you guys on the bus tour asked for pinch to come back. i didn't. all right, they had to get stark on a day that is dark. on tuesday san francisco's nudity ban was official prompting protesters to r

ktvu's rob roth is live where one organization is working hard to help young people suffering from mental illness. >> some parents are voicing concerns to protect their children from the world and protect the world from their child. >> reporter: she is a psychologist who works with teens and young adults with mental health. she says an early warning sign is isolation. >> struggling with depression or schizophrenia or a lot of anxiety. it gets in the way so this program is set up to help those individuals. >> reporter: the number of people suffering from mental health who become mass murderers is microscopic. a blog talks of her fears raising her 13-year-old son. she writes i live with a son mentally ill, i love my son but he terrifies me. they provide a host of different programs. >> if you have a young person and you are struggling with identity, depression or just worthlessness, really terrible ways to feel about yourself, to be ignored because people don't know what to do so they ignore you is one of the worst things you can do. >> reporter: each county has a mental health department a

rob roth is live with the changes that will save lives. rob?>> reporter: we are out here in the bay view, a neighborhood plagued by violence. mayor ed lee proposed legislation aimed at ammunition control. >> our father -- >> reporter: a sidewalk prayer vigil for a 17-year-old, a popular high school football player shot to death saturday night. >> we have to pray. >> reporter: he is one of 67 homicide victims in san francisco so far this year, compared to 50 last year. in an effort sparked by gun violence in the connecticut school shootings they took aim at bullets. they are proposing legislation, making it illegal for non- police officers to have hollow point bullets like this one. >> to ammunition that has been designed for military use has no reason to be on our streets. >> reporter: the second proposal, any gun dealer notify police of anyone who buys more than 500 rounds of ammo at one time. >> track the people, and frequency of purchase. >> reporter: the manager doubt the efforts will reduce violence. >> it will restrict those that need the

reporting from the newsroom, rob roth. >>> it all began at 9:30 eastern. that's 6:30 our time. at that time the exterior doors were locked. shortly after 9:30, police reported that a shooter was in the main office of the school. 9:40a.m. groups of children, some of them crying were escorted from the school. they began searching the school. then just before noon eastern time. the first report that children were among the dead. >>> president obama expressed his condolences to the victims and their families today in an emotional address to the nation. >> we've endured too many of these tragedies in the past few years. each time i learn the news i react not as a president but as anyone else would, as a parent. and that was especially true today. i know there's not a parent in america who doesn't feel the same overwhelming grief that i do. the majority of those who died today were children. beautiful little kids between the ages of five and 10 years old. they had their entire lives ahead of them. birthdays, graduations, weddings, kids of their own. >> reporter: the president said th

reporting live in san francisco, rob roth, ktvu channel 2 news. >> new figures show the state's jobless rate dipped into the single digits last month. the unemployment rate for november fell to 9.8%. that's down from 10.1% in october. the jobless rate hasn't been this low since january of 2009 when the rate was 9.7. most economists have predicted that california's unemployment rate would remain in the double digits through next year. >>> the unemployment rates in the nine bay area counties are lower than the state average. in some counties much lower. the highest jobless rate remains solano county. >> a quick look right now at storm tracker 2 showing us the hot spots for rain moving in. we are tracking this storm. mark tamayo will give us an updated look. >> coming up in just 7 minutes. we'll take you up to the sierra. >> an exclusive meet and greet with a san francisco giants player. >> right after the break, you've heard about gun buy backs. now police are offering money for something else. >> i think it's well intended. i think in practice it's a poor idea. >> the electronic device t

roth, right next to the word musket. here is carol roth, the bestseller of "the pure equation." stuff. first of all, why did you take on piers morgan? >> well, larry, piers and i have a long history of going back and forth on things. and every once in a while, he says something and i just feel the need to educate him. and i am very passionate as many americans are about our second amendment rights, and so i was originally just trying to explain to him. i wasn't trying to be nasty. i was really trying to make him understand where this debate was coming from, and he backed me into a corner and so i came back with a musket. >> well, i think that musket thing was absolutely terrific. but i've got to ask you, i need some help here. i'm going on the piers morgan show tonight. we're going to talk about taxes and regulation spending. so i'm not going to tweet, carol. i'm actually going to be there signature across from him. what should i do? >> i think you'll be fine. piers kind of tends to go to the socialist side of things. he's from britain originally, and he doesn't understand the c

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and charles payne and carol roth are here. ♪ . stuart:.and my use of the word hipocracy for rich with guilty conscience. buy back stock and helped save that person save substantially on the higher taxes next year. warren is all for everybody else paying taxes and bails out this particular investor and so that he paid lower taxes, charles, have you got a number on this? >> all right, on the back of an envelope i came up with 105.6 million dollars, that was the savings. stuart: savings for the investor whose stock was bout back by warren buffett. 105 million dollars which did not go to the treasury. charles: right. stuart: and had the transaction taken place next year. charles: absolutely, absolutely. stuart: do you call that hipocracy. charles: of course i call it hipocracy, the worst kind of hipocracy and amazing that they can use warren buffett's name in this campaign against small successful people. stuart: carolyn, am i too harsh? >> you're not. berkshire hathaway has a billion dollars in backs taxes it's fighting and i don't understand

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i think a terrific thing to do is to convert to a roth.s been a good strategy for people but you are taxed on the conversion. that stopped a lot of people from doing it. if you do it now the tax will be based on 2012 lower rates. more importantly the assets in your roth, if you think that tax rates will go up down the road and i think most people do, you can withdrawal them tax free when you are retired. >> what about the expiration of the bush-era tax cuts on those who make more than $250,000 as far as a couple or as a single person. any taxes away from capital gains we should be concerned about? >> we've been talking a lot about how it will affect your investments. it will affect people across the board. you will see higher income tax rates and that's going to have an impact on lower earning households, about $400 a year they may pay more in taxes. middle income families could be $2,000 a year. if you are talking high income people, up to the 1%, you will see tens of thousands of dollars in higher tax rates. it's not just that, though. t

live reporters waiting to speak to him right now and we are going back to -- i'm sorry, is it rob roth? okay, we are going back to paul chambers for an update. >> we have to remember this is the 3rd time the president has had to deal with a mass shooting, he dealt with the one in west virginia and injured congresswoman gabrielle giffords. we do know that this incident started 9:40. this 24-year-old ryan lanza, the gunman in this situation, his mother's name is nancy lanza and also among the dead. that's the connection we heard that he has to the school. right now unconfirmed 27 people are dead, 18 of which are said to be students. now of course we do know that lanza is from new jersey and being searched by a dozen police officers at the time. we also know that his younger brother was also taken into custody at this time. he is said to be a person that is being questioned right now as a possible second gunman in this situation. there are reports that lanza had several weapons on his body at the time including a bullet- proof vest to keep himself safe. we're not sure how he died and we'r

rob roth, ktvu channel 2 news. >>> we've asked our viewers to leave their condolences for the victimsthe connecticut school shooting on our ktvu facebook page and already hundreds of you have done so. we invite you to leave your thoughts on our facebook wall. >>> the president wiped away tears as he spoke of the children and teachers that were gunned down. and he vowed the violence must stop. >> reporter: as -- >> as a country we've been through this too many times. whether it's an elementary school in newton or shopping mall in oregon or a temple in wisconsin or a movie theater in aurora or a street corner in chicago. this evening michelle and i will do what i know every parent in america will do, which is to hug our children a little harder and we will remind them that we love them and we will remind each other how deeply we love each other. but there are familys in connecticut that can't do that right now. and they need us right now. that community needs us to be at our best as americans and i will do everything in our power as president to help. because while nothing can fill the

the roth ira is a good way to do that.e tax bill on your entire ira this year. >> correct. all of the future earnings, future growth will be tax-free in the future. you need to be careful. the roth is not necessarily something, if you are looking you need the money and the next couple years. it is something you don't want to touch. you want to use money to pay the taxes outside of the ira. it is a wonderful estate planning tool. if you do not need the money, you can allow it to grow for decades and they give it to the next generation. tracy: and then your heirs get it for free. let's talk about capital gains. this is a big issue for a lot of people. what about dividend producing stocks and putting them into a retirement account. >> absolutely. it is worth considering. where should your assets be. inside or outside an ira. you only pay tax when you take the money out in retirement. tracy: it is worth discussing. we were talking about the minimum tax patch. there is another 60 on some credits and deductions that are set to e

richard roth, cnn, new york. >> she's excited. i want to show you something.edro and buddy, the so-called gay penguins at the toronto zoo. guess what, they're dads now. they have been life partners. the zoo staff separated them so they could mate with females and just in time for the new year, they're proud fathers of baby pengu penguins. >>> a real shot in the arm, that's what former president george h.w. bush, that's what he called a special serenade that he got by the country group the oak ridge boys. ♪ amazing grace how sweet the sound ♪ >> and the band gave the performance via phone after being contacted by former first lady barbara bush. they first met 30 years ago, but that was when bush was vice president. but bush was moved out of the intensive care unit yesterday. so, he's improving. >>> a pizza delivery man kidnapped and robbed at gunpoint by his customers. police say when the 51-year-old arrived that home to deliver the pie, the suspects restrained him with duct tape and put him in the furutrunk of his car. they drove 20 miles and dropped him off.

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there are no pictures of roth at her sickest.taken about a year earlier, but she remembers how starting a diet with her mom in the midst of a traumatic childhood spiralled into anorexia. >> looking back, i think my body was my only way to tell the people around me that something wasn't okay. >> help came for roth when she was hospitalized for 18 months following her stroke. >> i had a bed, i had nurses and doctors that showed up every day and were consistent. i had food, and i had water. i was finally getting like digestive function back. >> as part of her recovery, her therapist suggested roff try to yoga to start to listen to to her body again without burning too many calories. time on her mat helped her gain confidence, learn to interact with people and slowly change her personality. today she writes and shares her story with other patients that struggle with eating disorders as well as her loved ones. >> i tell girls i'm not aafraid of my fullness. >> she's quick to point out yoga is not a cure for anything. it helped her reb

by the mid-17th century, navigators had mapped much of the world in remarkable detail. >> roth: rio dexico city. >> safer: galileo turned his eyes and his telescope on the heavens. here, from 1612, are his drawings of sunspots. for his insistence that the sun is the center of the universe and the earth moves around it, the church branded him a heretic. >> collins: the pope at that time, pope urban viii, was a very good friend of galileo. said to him, "look, you know, i agree with you. you're right. but i can't approve of this because i'm the pope. and if i go against this, it looks as if i'm going against the bible. and i'm going to shake to the foundation the belief of the world, and the world's christians, not just catholics." >> safer: just 380 years later, in 1992, pope john paul ii apologized for the galileo affair. his successor, benedict xvi, has sought middle ground in the centuries-old skirmishes between the church and science. in a recent sermon, he said even the big bang theory of the creation of the universe is not in conflict with faith because god's mind was behind it. >>

carol roth, thank you so much.u are fired up about this or any other issues, write us at gerri@foxbussiness.com. >> coming up on "the willis report", violence and destruction of private property byunion members after the vote in michigan. but by? lou dobbs weighs in. apparently the federal government doesn't agree with spending problem because millions more of your tax dollars are about to be spent on new projects. we will break it down. and what is the difference between a 10-dollar bottle of wine and one that cost over 10,000? we talked one of the country's biggest wine retailers and found biggest withe boys use and found capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboardoesn't lie. what's in your wallet? hut! i have me on my fantasy t

carol roth, thank you so much. if you are fired up about this or any other issues, write us at gerri@foxbussiness.com. >> coming up on "the willis report", violence and destruction of private property by unionmembers after the vote in michigan. but by? lou dobbs weighs in. apparently the federal government doesn't agree with spending problem because millions more of your tax dollars are about to be spent on new projects. we will break it down. and what is the difference between a 10-dollar bottle of wine and one that cost over 10,000? we talked one of the country's biggest wine retailers and found a surpri tracy: spending taxpayers money is only a federal problem. check this out. this atlanta mayor, approving the city council to receive -- wait for it -- 50% pay increase starting in 2014. do they not have tv in atlanta? you heard it right. 50%. the council council members voted to raise their own pay earlier this month. these employers employees are also demanding that pays well. they are wanting to raise the incom

carol roth, thank you so much. if you are fired up about this or any other issues, write us at gerri@foxbussiness.com. >> coming up on "the willis report", violence and destruction of private property by union members after the vote in michigan. but by? lou dobbs weighs in. apparently the federal government doesn't agree with spending problem because millions more of your tax dollars are about to be spent on new projects. ill break it down. and what is the difference between a 10-dollar bottle of wine and one that cost over 10,000? we talked one of the country's biggest wine retailers and found biggest wine retailers and found a surpri twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which

reporting live in cupertino, rob roth, ktvu channel 2 news. >>> the fact that this problem is complex can no longer be an excuse for doing number. >> the gun debate take as big step forward as the -- takes a big step forward. today marks five days since a gun men killed 20 20. the president said the time to debate is over and action is needed. >> speaking that white house today president obama said vice president joe biden will lead the search for new gun policies to prevent another mass shooting. vice president joe biden will work with several agencies and outside experts to stop criminals and the mental health from having access to guns. >> we will have to work on making access to mental health as easy as access to guns. . >> reporter: the white house indicates the president is supportive of the new legislation sponsored by senator dianne feinstein. >> i am also betting that the majority, the vases majority of law -- the vasmu-- vases majority. >> reporter: congresswoman nancy pelosi says something must be done. >> we must take action to protect our children from harm to preserve th

rob roth, ktvu channel 2 news. >>> police released the name of a 17-year-old boy who was killed. he was shot around 11:00 p.m. in san jose. officers found him wounded on pacific avenue. he died at the scene. officers say this is a gang related shooting. he is the 43 homicide this year. >>> police are looking for a man who robbed a walgreen's and then made off with prescription pain killers. this happened on university avenue about 2:30 p.m. this afternoon. the man demanded oxycontin. he is a white man in his 20s, with a slim build. he was wearing a gray hoody and gray vest. >>> a police officer appeared in court today in a embezzlement case. prosecutors delayed filing charges, saying they are still seeking financial records. police reported that someone was embezzling money. prosecutors say hes say possible for -- he was possible for maintaining the machines. >>> recount is about to get underway for measure b-1. the transportation sales tax and volunteers are needed. there are more people in favor of the measure monitoring the recount than opponents. he says it looks like the com

ktvu's rob roth is live with how the strike is effecting more than just the two sides. rob? >> reporter: normally these boats would be unloading fresh crab but they have been docked for a week over a dispute about prices. they just wrapped up a meeting but nothing was resolve. they will meet again tomorrow. >> reporter: you can still get crab but it is frozen, not fresh. crab boats have been in the harbor since last week when fish brokers announced they were dropping the price. >> our expenses are the same they were. people still want crab. same beautiful crab. >> reporter: fisherman are anxious to get back out to sea. >> it is tough. i have two guys down here. came from washington to work. make money and they are just sitting around. they are all paid on a share basis and they are not catching fish and not making money. >> reporter: restaurants are making due. they are getting crab from other areas but it is not the same. >> we like to take them off the boat. >> reporter: there are still fresh crabs at the fish company but they were caught before the shut down and already s

abc's chief investigative correspondent brian roth has the latest. >> reporter: in the last month ofdam lanza's life family and friends say he would not leave the house. with his mother nancy, telling them she was losing control of her 20-year-old son. >> it was getting harder for her as time went on. >> reporter: nancy lanza was a regular at newtown bar and restaurant, my place where the owners say she told them about her struggles with adam's emotional and behavior problems for years. >> she was helping him all the time. she home schooled him and everything. so she, you know, i knew he was on medication but that's all i know. >> reporter: since her divorce from peter three years ago, her friends say nancy was left to deal with adam by herself. >> we knew he had a problem. but she took care of it the best she could. she was a single mom. >> reporter: since elementary school at sandy hook, through high school, adam was known as strange, severely shy. >> he hated at lookling at your eyes for more than a couple seconds. it made him feel uncomfortable and he made you feel uncomfortable

ktvu's rob roth is live where residents is saying this is about their health. >> reporter: many people it used to be easier to buy drugs than fresh produce till fresh and easy moved in, now they may be closing. >> reporter: it took years to get a high quality full service grocery store to come to the district. now 18 months after it opened they may be closing. >> we fought hard to have it here. >> the company announced because of poor financial performance it is looking to sell the chain. if it can't find a chain all 200 stores in california, nevada, and arizona should shut down. >> it would be disappointing. >> they have one of the highest rate of diabetes and heart disease in san francisco and they are the only large store that sells fresh fruits and vegetables. >> there is a lot of food in the neighborhood, just not healthy food. >> reporter: again, the prices here are very good. to give you an idea what the store meant, the ground breaking was a major city event. >> we start something that is supposed to help the community and then it leaves the community. >> while it is unclear wh

rob roth, ktvu channel 2 news. >>> we have breaking news to tell you about out of oakland. a live picture. police and emergency crews responded to a homicide in a residential area. these pictures are live from east oakland. this is happening at 83 avenue and "d" street. the victim is an adult male. police have one block of 83 street shut down for their investigation. no word on suspects or a motive in this case. we will follow this situation and keep you updated. >>> the police chief will become the official police chief next week. he has been the active chief for five months and face as stuff job as community back lash continues over officer involved shooting. he will be coming out of reenvironment. he plans on -- retirement. he hopes to leave the force in better shape than he found it. >>> a journey has come to an end for john mcafee who arrived in the u.s. last night from guatemala. he was deported to the u.s. this morning he denied murdering his neighbor and said his trouble began when he refused to pay a bribe. >> began last year when soldiers stormed my property, shot

rob roth shows us how for them life does go.amid the difficult days there sometimes comes a day like today. >> reporter: this was the day to be pampered and perhaps set aside anguish if only for a few hours. >> it's like a vacation. >> reporter: valiry is part of a club no one wants to be in. each has lost a child to homicide. this mother has buried four of her children. all died violently. >> there are times i cried my eyes almost out. >> reporter: today she could relax a little. she along with the other mothers here are members of the healing circle. >> that makes me feel good. i have not had my nails done in years. >> you need soothing for all this negative and stress that's going on. >> reporter: we thought this was a wonderful way to take a moment away from some grieving moms. to really enjoy something and personalize and help get a healing process going. >> reporter: these mothers say what happened in connecticut a week ago has hit them especially hard. they know the painful road those families are now on. >> take it one d

rob roth tells us what they finally agreed on that lets them take their boats out to sea.ob. >> reporter: well frank, here at fisherman's wharf, fishermen are working in the dark getting their boats ready, they are going back to work. crab fishermen are getting ready, many are loading squid on to their boats to use as crab bait. some told us they expect to head out after midnight. >> i'm happy that we're going out to make some money finally. >> reporter: crab fishermen in san francisco stopped fishing last week when wholesalers said they were dropping the price. but today the wholesalers agreed to the $3 price and crab fishing is back on. >> it's all about the price. we can't fish for less than $3 a pound on this crab. and they got enough orders to put us back to work so we're going to go back to work. >> reporter: some wholesalers say after thanksgiving demand for crabs dropped. now that the holidays are coming, demand is going back up. >> they've cleared out all of their inventory so now they're ready to buy more. >> fresh dungenous crab has a salty texture to it. yeah.

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