the santa clause third you're going to skip to santa clause three and a number of years ago and the folks at hustler i've written for them a couple of times they've excerpted from a couple of my books in fact we're just experience for me with richard this was maybe three years ago when my book screwed came out and they excerpted a chapter from a piece a piece of a chapter and on the front cover it said get screwed by thom hartmann and so. that's you know that was the cover us literary maybe cover. but it was very well received in there was a lot of very positive feedback from middle class folks so you know they contacted us and said you know can you revisit this santa clause thing and. sam has been writing on this topic and so we you know it's a good opportunity because you talk about it in the intro alternative media here i mean i did score we're trying to address a major problem with the middle class in america right now and we need to get that message out to as many people as as we can and not just people who read the new york times the wall street journal or whatever but also people w

virtually tripled the national debt as a consequence of tax cuts becoming the tax cut santa clause but not shooting. the social security santa clause as it were and the extension of jude's theory was at least as it seems to have been carried out by republicans over the years since then was forced the democrats to shoot their own santa clause by running up huge debts when republicans are in power it seems like that's how it's played out what are your thoughts on well i think there was an unstated assumption that maybe jude didn't even realize that was a powerful part of his argument which was that there was a limit to the deficit so the theory was if you cut spend taxes and create a bigger deficit then to the extent that people are concerned about deficits and want to reduce deficits that will get channeled into cutting spending and that became something that is more popular known as starve the beast and it's the underlying principle underneath the tax pledge but it turned out that there wasn't that much of a limit to the deficit and so you ended up simply with lower taxes and higher sp

wall street well the democrats wouldn't ski pointed out where essentially the social security santa clause giving americans what they wanted even though americans were also themselves gladly paid for that same social security so the job for republicans was to feel first how to become santa claus themselves because being the social security santa was already taken they should wouldn't it be proposed become the tax cut santa clause tax cuts for everybody especially rich people and the second really big job was to get democrats to shoot their own santa clause as special a social security problem for republicans was the social security was so popular it literally saves lives every day and has since one hundred thirty six so popular that even republicans wanted some of the glow and even more problematic for republicans social security has nothing whatsoever to do with the budget deficit and as it's now set it's totally solvent for the next twenty years and it will remain solvent forever with a very small tweak of just lifting the payroll cap so millionaires pay the same percentage into it as pe

wall street well the democrats win in skeet pointed out where essentially the social security santa clause giving americans what they wanted even though americans were also themselves gladly paid for that same social security so the job for republicans was twofold first how to become santa claus themselves because being the social security santa was already taken they should wouldn't be proposed become the tax cut santa clause tax cuts for everybody especially rich people and the second really big job was to get democrats to shoot their own santa clause as special a social security problem for republicans was the social security was so popular it literally saves lives every day and has since one hundred thirty. social security let's lay it to rest once and i told you never would i do such a thing but i tell you for now social security has nothing to do with the deficit. social security is totally funded by the payroll tax levied on employer and employee if you reduce the outgroup social security that money would not go into the general from to reduce the deficit it would go into the social

years since it is he came out and said the republicans need to become the party of the tax cut santa clause exactly. are you suggesting that the benefit to the president to the democrats of having john boehner shoot santa claus shoot the tax cut santa clause is greater than the benefit i mean the long term strategy what you do and laid out was run up huge deficits when republicans are in power so that when democrats going to power everybody can scream about the debt they can force the democrats to shoot their santa clause which is social security you're here we've got a deal where they're both shooting their santa clause is this seems crazy to me well you know how i see it i don't necessarily think it's crazy what i see is john boehner voting to increase taxes on millionaires and billionaires and those making over a million dollars which is what the number this is all part of john boehner this plan sort of says hey listen you know grover norquist you're run out of town and you're going out of business and on top of that is going to piss off half of his caucus pissing off half of your caucus

(sadie) "i donnt think - santa clause wiil know where their houses.. because they don't have a house.he one to give them toys!" sadie knows that she'sságettingá hooiday presents.. that makes hee happy. so does thh joy the chiidren to be happy too. like, they can have their toys so they can play with them.. causs they don't have aay toys anymore." sadie's toy drive ssarted about two weeks behind by sandy. she told her mother, let's ive the piis toys...(ms. mirjafary)" i were going to do it...." .........she ádiiá it with facebook, an event page. sadie asked for donations.. unwrappee toys foo any aag child.. and the people responded.(ááánats up full: "what is all of that?" "it's a lot of stuff!"ááá) ........stuffed animmls, gamms, scooters... nearly $3000 dollars worth of toys pollected in such a short ime. a child asked for help.. people answered. a proud mom calls the reaction magical.(mss mirjafary) "it's my goal as a mom tt raise an thought she'd take it to this takes it to another levvl da (laughter)" so many bassment......(sadde) "i'm sadie clause!!".........a little bit of the no

but about santa clause, i bet you ask this 50 years ago they would have said he is a republican. reason? he brought gifts to good kids. were you good? it was a reward. republicans believe in reward and punish meant and democrats believe in free gifts. >> excellent point. now it is redistributing the gifts and it is all the same. because you can't have a better gift than someone else. all of the gifts are coming from the government suck because you can't make them better. miles, i suppose you agree santa clause is a democrat or occupy wall street. >> i like you are so po's that you lost another cool person. first of all, i don't think black people are not good people. they dooy serve presents. they deserve presents. >> where do you get that? >> they talk about jesus and christianity, but when people want to help people they go no i don't want to vote for that. what ever happened to the spirit of christmas. it is about giving and welfare. i don't even know why we are talking about christmas. in a world whereas oliver stone put it, the top thousand richest people have more wealth th

i don't care about santa clause.ials about any old people being sexual. >> i will go a step further. i don't want to see anybody being sexual. whatever you can do in a bedroom i i don't want to see publicly. i find it distasteful. >> unless you are paying for it. it >> you know what, it is not old people. santa never gets old, you jerk. you wouldn't know that would you, andy. >> santa is ageless which in my mind equals old. >> you would say that because you don't participate in the joy of christmas. >> no, i don't. >> what do you do? >> i -- >> watch santa porn? >> another point, greg, again they are saying old people are entitled to their happiness and pry -- pry -- privacy. you have to stop them. >> why do we have viagra and old men attacks -- attacking polls. >> if you have watched the commercials you know all viagra does is make you buy cars from the 1970s and drive through in nevada. >> and start a garage band with other 60-year-olds. >> and hold hands in a bathtub in the wilderness. >> which actually this leads

number five, santa claus, the santa clause released in 2002.o, all confused, the santa clause number two. released in 2002. romantic comedies starring tim allen. made more than 1,309,000,000. the original the santa clause, the prequel to number five also starring tim allen. more than $144 million. number three, alf. love it. two dozen three american christmas comedy starring will ferrell as buddy the else who goes to new york city with hopes of getting his dad off santa's not als. number two, the polar express based on that children's book of the same title may more than $183 million over its lifetime and the number one highest closing holiday film ever, how the grinch stole christmas from a holiday classic according to some, but not the original animated movie with boris karloff, the movie remake in 2000 with jim carrey. $260 million. let me tell you this. bin crosby is rolling over in his grave because the best holiday movie ever was white christmas. i watch it at least twice every season. love it. have you do, too. still to come, my "2 cents

stuff or indeed it's not a santa clause comment the queen mother as we call her joanne watson has been on the battlefield for a long time and she stood with the people and she remembers coleman alexander young who for many of her generation is symbolic of strong african-american elected leadership who got the job done and i think what she's saying makes sense. the president of the united states needs to address urban policy that's all she's saying detroit gary indiana harrisburg pennsylvania many municipalities across the nation either in debt. headed towards bankruptcy cutting fire cutting police cutting city services and while we are rebuilding nations in other places across the world our cities and our school districts at home are failing and falling apart and something has to be done that's all she's saying i agree with her yeah i do too and i find it amazing that george w. bush committed to trillion dollars of american money i mean that's far more than eisenhower spent building highways all across the country and building hospitals and schools which incredibly stimulating as a two

. >>> kids ask for all kinds of things from santa clause and he had a tall order for a 4-year-old inre tracking this severe weather system and what it means for maryland is straight ahead. >> you may have spent most of the day playing with gadgets, but health experts say it may be time to take a break. we will return in 60 seconds. >> santa helped make a wish after asking for his dad, an army guard soldier who has been overseas. >> before his busy night, santa made time for his last minute requests. >> what do you want for christmas? >> nothing expensive. >> reporter: families making memories sure to last a life time. and santa has heard it all. >> legos and barbie doll stuff. >> what do you want for christmas? >> train? >> okay. >> and what else? >> daddy? >> reporter: hunter's father was deployed more than a year ago, and he was not due till january, but the magic of christmas brought him sooner. >> who is that? >> that is daddy. >> reporter: the surprise pulled off. >> it is great to see him. he is a lot bigger than i remember. it went perfect. it was nice of these people here at

the fake santa clause lied. >> there is a light on this tree that is not working on one side so i amaking it home to my workshop my dear. and i'll bring it back here. >> i will fix it up there and bring it back here. - vengeance! - [ gasps ] er, i mean-- >> santa, what is christmas really about? >> presents! >> er, i mean, presents, i suppose. [ narrator ] and his fib fooled the child. >> i was afraid of that. >> and his fib fooled the child. then he hatted her head, got her a drink, and sent her to bed. - santa? - what? don't forget the grinch. i know he's mean and hairy and smelly. >> santa? >> what? >> don't gr forget the grinch. i know he is mean and smelly and his hands are cold and clammy, but i think he is actually kind of sweet. >> sweet? merry christmas, santa. eee! >> her merry christmas santa. and when cindy lou went up with her cup-- nice kid. bad judge of character. he went to the chimney and stuffed the tree up. and the last thing he to was the log for their fire. on their walls he left nothing but some hooks and some wire. and the one speck of food that he'd left in th

santa clauses in japan taking to the slopes this holiday season. you can see them here, skiing down the slope. they also handed out candy and took some kids for their own ride down the mountain on sleds. >> 4:52. we will be back, this live look outside at the golden gate bridge. traffic it is easy and light. many people on vacation. and a reminder to catch doctor phil right after the kron four morning news at 10 a-m. >> rihanna shows us what the season of giving is all about. plus, is ben affleck considering a move from elizabeth corridan has today's hollywood minute. >> she has donated or $1 million to the hospital in barbados. in honor of her grandmother. and also, ben f. le is thinking about the political agenda. >> i do not want to speculate about my political future. >> he was testifying about the ongoing crisis in the democratic republic. the topic, scored box office gold with the $36.7 million. tom cruise's new film also, those were $15.5 million in the first weekend. and also, the " this is 40 ". grossing $12 million. >> still ahead on the

so santa clause made a splash down to bring early christmas presents to kids.ane came from sea plane adventures and kids came from a 22-year-old organization helping kids from low income areas like marin city get involved with the arts. >> you look like a busy man on christmas day. sometimes we have to get ahead. >> this is cool to me. >> it's high tech. >> it was good. it was great. skpilt was awesome. and... he waved at us and said ho, ho, ho. and everyone that is watching channel 7, i wish them a merry christmas. >> you can't get cuter than that. there are 40 kids, each got a toy, book and home baked cookies and stars said they're gg to be having a bigger toy drive this weekend. in mill valley, abc 7 news. >> thank you. and an update on a story we've been covering several months a number of dog owners around the nation complained about pets getting sick or dying after eating chicken treats made in china. now, chinese government responded to complaints in a letter addressed to a california congressman. it's a story you'll see only on 7. >> it's been... sad, h

the annual photo with santa clause. in the area, those coming to see santa were lining up to see something they never experienced before. beth parker was there, too. >> they will be here at any minute. >> reporter: he parked the sleigh and hitched a ride down on the elevator. you won't hear the traditional ho-ho-ho. instead, he gives you a sign. i love you in sign language. the crowd here at fair oaks mall signalled back. >> okay, here we go. >> reporter: little luke has hereditary nerve damage that prevents him from hearing frequencies. between his ears was a giant smile. >> he is appreciative and excited about things. >> reporter: for one day here at the mall, santa and his elves communicate by using their hands. luke's mom michelle said it's a long way from when she was a kid with hearing loss. >> knew i would like to sit in the front of the class and i knew that, you know, i had trouble hearing. really, i was never tested and didn't know until i was in college. i had a hearing disability. >> reporter: signing santas

santa and mrs. claus where she sends -- misses plan -- clause nse santa a dirty video on their samsung's galaxy.tching porn on the phone. come on. really. melissa: does not good. i saw the one you were talking about, and i thought it was kinda funny, but then i didn't have to explain it to anyone. there you go. happy holidays. thanks for coming on. that was fun. >> happy holidays. thank you. melissa: question of the day. the best marketing some of the year. i think this is really one with the hangars that shows facebook likes. ridiculous. let me know. we wanted know what you think. follow me on twitter. all right. straight ahead on "money", from trusted treks. $600 an hour a prostitute, the private world of illegal online business exposed. details on how many of them are getting away. i always wonder how many people are getting away with this. piles of money and tips on that coming up. ♪ i' ♪ melissa: all right. winning titles turning tricks. an unusual turn. a three-time olympic team of olympic competitor who went from being one of the most decorated olympic athletes to be ranked number three o

(sadie) "i don't thinkk santa clause will know where their hhuses.. bbeauseethey don't have a house. hey don't have where their houses.. santa plause will know where their houses.. because they don't have a house. house. the amazing way baltimore chhld is saving chistmaa... for victims of and... let us help ou with your holiiay shopping..another &pchance to pick a giit from under our tree.. is abbut 30 minutes away. you''e under our tree.. is abbut 30 minutes away. you''e all local.. all morning. ews.. you caion you can see. great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like natural grains. i'm eating what i know is better nutrition. mmmm. great grains. search great grains and see for yourself. ♪ oh, what fun it is to ride... ♪ get in the holiday spirit with dunkin's peppermint mocha, new white chocolate, or gingerbread flavors today. america runs on dunkin'. &pa milessone in marylaad.what same- sexxcouples can legally do in the state staating today... even though tey can't start getting married i think i'm going to be

santa and mrs. claus where she sends -- misses plan -- clause sense santa a dirty video on their samsung's galaxy. not good. i saw the one you were talking about, and i thought it was kinda funny, but then i didn't have to explain it to anyone. there you go. happy holidays. thanks for coming on. that was fun. >> happy holidays. thank you. melissa: question of the day. the best marketing some of the year. i think this is really one with the hangars that shows facebook likes. ridiculous. let me know. we wanted know what you think. follow me on twitter. all right. straight ahead on "money", from trusted treks. $600 an hour a prostitute, the private world of illegal online business exposed. details on how many of them are getting away. i always wonder how many people are getting away with this. piles of money and tips on that coming up. ♪ i'm dominique dawes and there's a big advantage parents can give their kids -- making sure they get active at least 60 minutes each day. studies show that physical activity not only helps kids stay healthy, it can enhance important skills, like concentration and prob

then we'll visit the sinnots, and fill up on gingerbread santa clauses. i hope mrs.died apples. boy i can hardly wait. we'll be by about sundown. you and lassie be ready. - we will. bye. - bye, boomer. come on, mike. - bye, boomer. bye, mrs. martin. christmas is the very best part of the whole year. don't you think so, mom? yes, dear. christmas is a wonderful time of the year. i want lassie to enjoy it, too. - she will, dear. ♪ @@p get started before there's nothing left but stumps. yeah, and i got a beauty spot over by the huckleberry patch. what do you say, boy? fresh air will do you a lot of good. you go ahead, dear. i'll keep an eye on lassie for you. alright, then i'll go. i'll get my coat. that'll keep his mind off lassie, at least for a while. bye, lassie. remember? last year you said that i'd be big enough this year to carry the ax. we sure did, and you sure can! bye, mom! - come on, boy. bye! ♪ ♪ ♪ ♪ get well, lassie. please get well. timmy needs you. so do we. ♪ ♪ ♪ oh, hello frank. ruth. how is she? there doesn't seem to be any c

she has more than 1500 santa clauses. >> he represents the giving spirit of christmas for me. everything he does represents happiness and giving and just being with family, being with friends and that's what christmas is to meat santa is. >> she doesn't plan on collecting santas anytime soon. this year she only displayed about 1,100 of the total of 1500 seapt yous oo opens. he's wruft tar pain. fnlg at for pay ieg if of after taupe troop got into christmas pirt. a tra tugle opleitive it it it it it 000 if it if 0 it it it if it if fl it it if of it if it it if it it it if it it it p p 0 it if p respect >>> nasty weather across the u.s. we're going to take you to places where people are cleaning up after mother nature delivers everything from snow to tornadoes. >>> the magic of christmas is about miracles, family and children and that's why it's so painful for people in newtown, connecticut right now. we're going to tell you how they were able to find a little bit of comfort and joy this holiday season. >>> and a big problem for some family hoss may have gathered to watch movies

money that kind of bought into jude when his skis to santa claus theory and decided to go on the santa clause of tax cuts and they've been doing that for thirty years it didn't work it's not working anymore it seems like there was yeah and that's fine with me yeah ok tell me christopher thanks for being with them thanks very much always great to have. coming up every second every second two point four million pounds of carbon pollution are being pumped into the atmosphere warming the planet and having disastrous effects on our environment is a startling statistic enough to make climate change deniers wise up to the perils of global warming. yes. there sure. was a matter you. know to the residents never profited from the. sea of coming all the signals you get there and you look up and there's one captain on you he's the alpha beta gamma he was all the the fun now to treat he's let me out there know what's going on so you can pinpoint. right now. become income mortal danger and a piece of art. director. pretty. in screw news more bad news for planet earth rather than decreasing the amount of ca

now to the average person this would probably take the air of christmas sorta like this deflated santa clause> the fact that they just came in my yard and took it theres no there nothing right about that at all >> even the neighbors are outraged >> a christmas tree i think that terrible like he said he could have knocked on the door and he would have bought them a tree >> in fact he has done just that how many trees have you bought in the past for other people i don't know maybe a >> it was uncalled for >> now i bet you are thinking that she is crying about the stolen tree .she is not, she is moved by a random act of kindness >> this is 40 dollars that was left in their door in a plain white envelope by a total stranger >> and there is no name and there is nothing on there and who ever did it did not knock >> which would be a great way to starts a new tree fund but they have different plans >> we'll donate it to cancer, at childrens hospital in oakland they also asked that instead of giving them money please donate it to childrens hospital in oakland and to the person who stole enjoy the tree

(sadie) "i don't think santa clause will know where their houses.. because they don't have a house. going toobe the one to knows that she's ágettingá holiday preeents.. that makes her happy. so doesstte joyy of ágivingá.(sadie) "i want the children to be happy too. like, they can have their toys so they can play with thee.. cause they don'' ave any toys anymore." sadie's toy ago.. after she saw a story s about the devastation left behindd y sandy. sheetold her mother, let's give the kids toys...(ms. mirjafary)" i said yes, i didn't know how we were going to do it...." .........she ádidá it ithh sadie asked for donationss. child.. and the people responded.(ááánats up ull: "what is all of that?" it's a lot of stuff!"ááá) ........stuffed animals, games, scooters... nearly $3000 dollars worth of toys collecced in such a short timm. help.. people answered. a prouddmom calls tteereaction magicall(ms. mirjafary) "it's &pmy goal as a mommto raise aa empathetic child. but i never thought she'd take it to this level. she'd always been good at sharing, but this kinda takes it to another levee

outside of macy's, gunshots echoed where a man was portraying santa clause in the santa village and taking photos with kids an he heard two gunshots and 15 to 16 more and immediately he said he hit the floor amidst all of these kids. the clackamas county sheriff confirmed the gunman was a single shooter, an adult male. there are no details on the motive, possible motives and no information has been released about the two people he killed. 20-year-old taylor gibson works in the mall and she was helping to get people to safety when she heard the terrifying gunshots. she's now live on the phone with us. taylor, can you hear me? >> are yes. >> describe the scene as best you saw it unfold. >> i was actual. ly walking from the back of my store toward the front when i heard the first gunshot. my first thought was something large has fallen but they were within a half second of each other and by the third shot, i thought, this is happening this is real. these are gunshots and this is going on. i changed glances with my manager and it was go time that we needed to get to safety. we were escorting g

but joining me now, with this exclusive interview, santa clause has come to the monument lighting. santa, what does it mean for you to see all of these people in the christmas spirit? >> well, it's very exciting for me, every year, when i come to downtown baltimore for the holidays and see everyone in the spirit. >> reporter: santa, you have been so busy. this is your busiest time of year. what are you working on these days? >> well, i'm just trying to get a lot of rest for the big day, as the elfs prepare. >> reporter: did you get my message about the boot? >> how could i miss it? you sent it first-class certified. >> thank you, santa. and santa, before we send it back to the studio. i need to ask you. this year is mary bubala on the nice or the naughty list? >> well, she's actually to wing the line between naughty and nice as we speak. >> i'm not going to even ask you about kai jackson. because that's just going to go south. kai, we're still going with the bet. i'm saying white, you're saying colored. it is hot chocolate for the winner. and mary, if i were you, i'd tow that line a

. >> wal-mart is sponsoring an easy way for you to play santa clause and help hundreds of low incomerea kids this weekend. today participating wal-mart stores are hosting a fill the truck toy drive in conjunction with the salvation army. volunteers will be on hand to accept donations for this one-day-only toy drive so don't delay. as we get closer to christmas, all toys collected will be distributed in the bay area by the salvation army. also mark your cslendars for this one, the share your holiday food drive next wednesday, december 12ing. meet the abc7 news team from around the area taking your donations for local food banks. for more information on the nearest location, go to our website. hope to see a lot of people out. >> you will be out there. >> i will be there. >> i believe san jose is my location. >> okay. we will probably have a similar morning. actually there will be clouds around wednesday. that's the one day we could see some showers. and your seven-day outlook shows some changeable conditions. how about tahoe right now, 26 degrees. you see the snow way up drive. 8,000 f

frosty the snowman and rudolph and santa clause is coming to town. >> they could do that.t don't see a problem with that including the religious songs if they include the religions too. i wouldn't start a boycott if they only did the secular ones as well. i don't see a problem with it either way as long as they are being inclusive. >> why don't they just sing british drinking songs and can sell christmas, period. don't you listen to o'reilly? >> person of the year? more like particle of the year. it is the meaning less cover. other potential choices, ceo marissa meyer, mohamed more see -- mohamed morsi. the young activist from pakistan who survived an assassination attempt. undocumented americans. bill and hillary clinton, president barack obama and finally the perennial favorite. >> yes, i hope that's true. >> it is clearly not unfortunately. >> meanwhile, this beaver has been named beaver of the year. can i say that? >> are you not supposed to tap the glass. there are clear signs there. >> they announce it tomorrow morning. >> like me will you be too excited to sleep ton

. >> you talk about implications, traditionally this time of year we're talking about the santa clause rally in the markets. that didn't happen because fears that we will go over that cliff. and you know a lot of smart minds on wall street are saying if we don't make that deadline, the markets are going to take it hard. >> you can get hit on markets, you can get hit on bonds. we're already seeing consumer spending less which will result in layoffs. so this is all taking a toll. it's not a switch. it's not a yes or no once we go over an january 1st. things are already going bad. this has to happen now. while i don't doubt they might resolve this a month later, i don't want our viewers thinking that no damage will be done. if we go over, there will be damage done. there's damage done already. >> thank you, ali. >> please don't steal my phone. >> i won't. not now. maybe later. we'll get the president's take on the debt ceiling in a live report from the white house at the bottom of the hour. >>> some other stories we're following this hour. a rough start to a southwest airlines flight in n

what are your tea leaves showing you about a santa clause rally? ta claus rallies are tea leaves themselves. they get excited about rally. year-end rally from november or halloween through january. it originated by yale hirsch in 72. my father, mentor, guy who founded the book. last five trading days of the year and first seven of the new year. liz: i thought it was leadings up to christmas day? >> no, this is after. bullish bias. get weakness in middle part of december. get a bounce after tax-loss selling and profit-taking, window-dressing we were hearing about today, the portfolio pumping is over. you get this, you know, average 1 1/2% rally. liz: going to see it this year? >> i'm not necessarily concerned are we going to see it. i want to see if we don't the line if we don't see it and santa claus may fail to call, bears come to broad and wall. last four times we haven't had it 94, 95. two thought eight we had -- 2008 pretty nasty bear market. if not bullish season there is something more dramatic at play. david: if, we're a month after the elect

will ver a true santa clause rally? >> i think it will be tough to get one, i really do.people are getting nervous about the fiscal cliff. i wasn't that concerned a couple weeks ago. you got on top of me about that and you were totally correct. it is starting to hurt people. it was a good call by you. i think that hurts stocks by end of the year and investor spending an apetite and consumer spending as well. >> i love it when you tell me i'm right. it often doesn't last very long. i got to think though at some point when we get some reallarity on this, ally, no matter what, whether it is good for bad for investors and taxpayers, there is going to be a little relief in the market, don't you think? >> i think so. and you're right, clarity is definitely i think what a lot of people are looking for. both side of the aisle i think want t get something done it is just what. the other question though i have, we talk about the s&p 500, right let's say today it is at 1420 or so. when you look at corporate profits, gerri and impact in potential changes in tax regulations will be on

>> absolutely, they are enjoying all of the holiday decorations and taking pictures of the santa clauseve on our plaza. just a couple blocks away is the one and only time square. we are certainly hoping and crossing our fingers hoping for a little better weather on monday night. earlier today time square officials tested out the confetti that will be falling from the sky on monday. and they threw it out a window. some unsuspecting people on the streets. more than a million revelers will be watching the ball drop on monday and a billion more will be watching from home. the 2013 sign is situated on top of one time square and harris it is seven feet tall. as far as those people who are out there dreading 201 throughy and thinking it is something that will be bringing them bad luck for the year, no need to fear. there are good luck charms attached to the 13 that will be dropping along with the ball in time square. >> awesome. you know, growing up there was one person who was always there for new year's eve. and of course we will be without that person this year. >> that's right. dick clark

"the santa clause" rally hasn't appeared because it has been over this fiscal cliff. kudos on fox business for the headline of story coming out of washington congress will meet on sunday this coming weekend that. is definitely took us off our low. we had a major rally on that. 10 handles on the s.o.p.s we watched down here. it was a painful trade there for a couple of hours. ashley: ben, very quickly up until now the market hasn't really reacted to the fiscal cliff but seems today it really sort of kicked in. did the market get it wrong up to this point? >> the fear is we may have got it wrong. market as i've been saying for a while believes in fact we will have a resolution so we will not go over the cliff. the recent commentary maybe has been there will be a patch so we'll get it done by early january. the comments by mr. reid today. the ball was thrown into his court by mr. boehner who failed with his party, the expectation was mr. reid would have something positive to say the tape sent a clear message to washington, you got it wrong and if you continue to do this.