is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] hoo! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. a oo hundreds of private security workers threatening to walk off the jobs days before christmas if their demands aren't met. lydia? >>> good morning heather. that's exactly right. five days before christmas. that's when these workers are threatening to strike 300 of those security guards they are nonunionized workers threatening to strike, walk off the job right here at jfk airport. they have an important job. what the security guards do is they direct traffic in front of the terminal. they guard alarm doors. they have a protest here at j jfc -- jfk claiming hthey are under paid and don't have the proper equipment. here's what one of the workers had to say. >> they refuse to give us proper equipment working equipment, radios. they refuse to give us proper training. >> these are nonunionized workers but they are backed by one of the largest unions in the country. we don't know what this actuall

is bk, with the perfect vehicle ththat's just right for you, no matter which list you're on. [ santa ] hoho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. >>> welcome back. the music of "the lion king" marked 15 years on broadway last month. the story of a lion cub raised by a wart hog and mere cat were ascending to his father's thrown was a screen hit for disney. since opening in 1997 it has become the highest-grossing broadway in history. julie taymor told me how she turned a two-dimensional film in to a live experience that's been playing the world over. ♪ >> you were the first woman to win a tony for "the lion king." the highest grossing musical in history, bringing in $6 billion. did you envision such success? >> no. >> tell us what you weroue expecting bringing a cartoon to broadway. >> i don't know if i had any expectations about the commercial success. >> the producers wanted what i had done in the theater. i have been in theater all of my life. there is a clash, a bit of a tension, between giving the audience what they think they wa

the mercedes-benz on your wish list at the winter event going on now throrough december 31st. [ santa ] hose a 2013 e350 for $579 a month at your local mercedes-benz dealer. 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 scoreboard doe't lie. what's in your wallet? hut! i have me on my fantasy team. >> show title tonight, good intentions gone wrong describes what government does. we have problems. politicians claim they have a fix. they add laws, add to the growing pile of laws, 170,000 pages already. they propose a thousand new ones every week. at the bill signing, everyone feels good, and the public seems to buy it. they think a problem is solved. after all, no kids in washington ask the congressmen what laws did you repeal? it's congressman, what laws have you passed? so they pass and pass and laws pile up. for every one of these there's an

get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. >> show title tonight, good intentions gone wrong describes what government does. we have problems. politicians claim they have a fix. they add laws, add to the growing pile of laws, 170,000 pages alady. they prose a thousand new ones every week. at the bill signing, everyone feels good, and the public seems to buy it. they think a problem is solved. after all, no kids in washington ask the congressmen what laws did you repeal? it's congressman, what laws have you passed? so they pass and pass and laws pile up. for every one of these, there's an unintended consequence or several. the track record is clear. central planne failed in the soviet uni,, cuba, in america's public school systems, at the post office. central planning stops innovation, distorts the econy; yet, for all of that failure whenever another crisis hits, natural instinct is to s government has to do something. why don't we learn? because

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] hoho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. [applause] john: america has more than 400 billionaires'. i say they are cheap because until recently they did not give a lot to charity. 1997 ted turner promised to donate $1 billion to the wind. united nations? they squandered money. if business tycoons do more for the world than two reinvests of the business creates jobs and wealth for everyone. why is giving away better? >> why not do both? john: i am happy if bill gates giv

get the mercedes-benz on your wish lis at the winter event going on now through december 31st. [ santa ] ho announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. food poisoning bulletin? it once a that the government spends less. food will be less safe because of a less vigilant fda and marginal companies. helping to cut corners. the blazing midsummer sun beating down, cattle intends whose moist flesh and batsmen like the creators of hell. we get the drift. it was bad. then we got billions of dollars of government regulation and that is why coetzee today. uv. no wonder, when republicans proposed amall cutof the funding, hello would poisoning. sanitation costs money. a lack of regulation, a competitive disadvantage. that makes sense. it is food bulk. it's not government that keeps e. coli to a minimum. it is -- and mcdonald's and jack-in-the-box. they lost millions after food poisoning scandal. here is getting a bad reputation that makes the producers even more careful than government requires them to be. for example, an agriculture department has an army of insp

is back, with the perfect vehicle that's just right for you, no matttter which list you're . [ santa ] houncer ] lease a 2013 c250 for $349 month at your local mercedes-benz dealer. at your local i have obligations. cute tobligations, but obligatio.ing. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks fothe 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 includes investment objectives, risks, charges and expenses. readnd consider it carefully before investing. risk includes possible loss of principal. ♪ neil: we paid a lot for that. and you have to think about this. sieging dollars from bills to points, that's what congress wants to do to save cash, what are followers are having some better ideas to really cut our debt. work on something that will save money, not spend more on ridiculous -- ridiculous projects. stop all stimulus funds that do not help create private sector jobs are make companies

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] hor ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. with scottrader streaming quotes, any way you want. fully customize it for your trading press -- from thought to trade, on every screen. and all in real time. which makes it juslike having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just e start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. ♪ [ male announcer ] help brazil reduce its overall reliance on foreign imports with the launch of the country's largest petrochemical operation. ♪ when emerson takes up the allenge, "it's never been done before" simply bemes consider it solved. emerson. ♪ food poisoning bulletin? it once a that the government spends less. food will be less safe because of a less vigilant fda and marginal companies. helping to cut corners. the blazing midsummer sun beating down, cattle intends whose moist fl

event is back, with the perfect vehicle that's just right for you, no matter whichist you're on. [ santa ] hoho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer >> there was noise. they were huddled up. they were evacuated. the scary part was probably being taken out of a room by police officers with drawn guns. that was the moment for them. the parent reactions, i don't know, some kids obviously saw more and they were more impacted. >> certainly many of us will never forget the details of the tragedy, the young students would were there and managed to survive, a lot of us are asking, what will they remember? how will the children process it? we we are joined by a school psychologist in new jersey, what are the survivors facing? >> one thing we see is post-traumatic stress disorder. no question. >> even in a five-year-old? >> without question, this is traumatic like incident they will carry with them for a long-term no different from a war veteran from vietnam who is hiding when he hears a helicopter going by 20 years later. there are triggers, certain

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] hoho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. gerri: look, i am no expert on media bias, but the media solving the fiscal cliff. the huffington post reporting that the offer to avert disaster sparks gopoutrage. "the new york times", the front page story today that the tax code is less progressive than in 1980. back when ronald reagan was president. let's take a look at federal income tax in this country. these numbers according to the tax foundation. the top 1% pay 37.4%. the top 1% of earners. they pay almost 40%. taking a look at this, the top 5% pay nearly 60%. it doesn't seem quite right. the top 10% -- they pay 71%. federal income taxes, top 10%. picking up almost the entire time. if you wanted to ask her to be more progressive, i don't know, maybe the top 10% pay 90% of taxes. 95%? 100%? i think this whole argument is hogwash. the tax code is not there, but not because the wealthy are not paying enough. but because they pay too much

get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] homale announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. >>> here is a major strike threat you haven't heard about yet. the longshoremen is threatening to strike. and now they are urging president obama to intervene. let's talk to the vice of the supply chain. jonathan that is what will get disrupted. cuts off all manners of stores and businesses. ha is true. >> did you get a response from the letter? >> and you rrnt hoaren't holdin breath. >> it is critical and there is a lot at stake with the way the economy is right now. it is going to be kig cansignif. >> they are recovering from super storm sandy. >> what do they want that the port managers won't give them? >> that is for the union and the port managers to discuss. we just want them to remain at the table. >> is it wages, health benefits? is it the usual stuff? >> everything is on the table as well as issues from what management wants as far as how to make the port more efficient. in order for both s

get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa hoe announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. neil: the race is on, but instead of running, the birth rate is falling. people are not taking it slow. i am not surprised. wednesday, when you think about this? >> what is interesting is that it's not a composition and it's not a difference of childbearing age. this is a decision story. women are deciding not to have children or delaying it until later date and it makes sense given the current economic situation. in the backdrop of one of the worst economic situation since the great depression. >> we have seen a long-term decline but we did see an uptick or in the boom years. we did see were -- more women. they are saying the real unemployment is up 15% -- the one wait, wait, wait -- [talking over each other] [talking over each other] >> i think there is certainly a discussion of how it's going to be esparza's decision to. neil: area, we think about that? >> i agree with wednesday. i think the thing i

get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] hoer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. cheryl: time to make money with charles payne who is following up on health care sector stocks recommended on monday. thinking is doing all right. charles: beavis is up 10%. we were up 14% from your show on monday. had subscribers take profits on half but you have two things going on. they had really good news, going to cover a lot of this new drug they have which is for weight-loss. they will take care of a feared of the retail price for people who use it as a mail-order. that is big news but the daily milling suggesting johnson and johnson and/or after zeneca could be possible buyers. to make them more intriguing, the bad news with merck on the cholesterol drug already approved in europe did not approval america. they spend a lot of money to come up with nothing in this country. for these companies to go out, getting some penetration in the marketplace, one of these rumors that may be viable. this is the $20

event is back, with the perfect vehicle that's just right for you, no maer which list you're on. [ santa ] homale announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. at your local i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. lou: i want to turn to the fiscal cliff with our panel but first, very quickly, touch on the nra which proposed armed guards, armed policemen, at public schools to provide safety. i thought it was a straightforward, common sense idea. don't you agree with it? >> i do not, lou. i do not. did not help people at columbine. people serving as guards at school not qualified to carry weapons. the expense of it. we have 100,000 schools, say, add up $50,000 per guard. we'll get a billion dollar price tag. when we're cutting back on everything, i don't think this will protect our children. >> i think nra shou

get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] honcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. [heartfelt country music] ♪ - ♪ she stands in ♪ the face of evil ♪ and will not ♪ lose hope or faith ♪ america ♪ the land of freedom ♪ is still the home ♪ of the brave ♪ so raise the banner - ♪ raise the banner - ♪ called ol' glory - ♪ called ol' glory - ♪ let us join ♪ our fellow man - ♪ our fellow man - ♪ history ♪ will write the story ♪ america - ♪ america - ♪ will always stand ♪ history ♪ will write the story ♪ america ♪ will always stand ♪

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] hoe a 2013 c250 for $349 a month at your local mercedes-benz dealer. stuart: look at this, a modest gain for the market, it puts the dow back at 13,200. up 65 at the moment. is this because speaker boehner has bent a little on tax rates? will there be a market rally if a deal is actually reached? i think there may well be. we will talk to charles about that in a moment. one stock we have kept very close eye on is caribou coffee, it was halted when we told you about it earlier, now it is trading. up big. it is being taken over. the price being paid is 340 million, up nearly 30%. representative tim scott will become the next senator from south carolina. jim demint resigning. governor nicki haley will pick his replacement and she will pick tim scott. 84 million dollars in the box-office this weekend, new record for december release, for the hobbit. stuart: speaker boehner is willing to bend. he will propose higher tax rates on those earning more than a million bucks a year. he wants other s

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] hoe announcer ] lease a 2013 c250 for $349 a month atyour local mercedes-benz dealer.

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] hor ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. ♪ lou: joining me now, the "a-team", radio talk-show host, a pulitzer prize-winning journalist and fox is contributor. former rnc spokesperson and columnist. good to have you all with this. let's start with this one because in the fiscal clef nancy pelosi today, and i just have harp on this, saying you cannot cut your way to deficit reduction. i mean, as i said, i think yogi berra would be proud of that little paradox. >> nancy, you keeping in at. you keep thinking that. huntington butch cassidy and the sundance kid. butch cassidy, really both sides on this as we teeter toward going over the fiscal cliff. i'm like robert redford. and the sundance kid. i can swim. and the american public. you're going to take as always. you know what, it's amazing that they don't seem to give a damn. i mean, they're going on christmas break. the president in 21 days, golfing. a lawsuit, the indonesia, the island of hawaii. and ma

event is back, with the perfect vehicle at'sust right for you, no matter which list you're on. [ santa ] hor ] lease a 2013 ml350 for $599 a mont at your local mercedes-benz dealer. ♪ lou: back with the a-team, and i want to turn, if i may, to george zimmerman suing nbc because of the outrageo job of editing, they did, in my opinion, outrageous, clearly, intentional. what dyou think the cnces of are prevailing? >> oh, damn good because nbc, says, oh, oh, the videographer, audio, video edit, it's, you know, he just snipped it in e wrong place. they'll blame the engineer, the video and the audio editor opsed to blaming their politics over it. lou: you agree? >> i see settlements, big time settlements, and i would settle if i were nbc. lou: what do you think? did we need a deeppeek into the interworkings of nbc news? >> well, you know, possibly. in if he could win or lose, but it will not happen again at nbc or anywhere else after this. lou: i might want to get on the other side of that bet. there's seriously committed ideological operators in a few places that might just, you know, humorous i

winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. it was the biggest race of the year, and no matteoqat, i was gonna win. someti[js...things happen you just canoi explain. )a ♪ oh, i believe there e angels among us... ♪r> and some things ar more importanthan winning. #% ♪ st iíwn to us #]from somewhere up(above ♪r2 #o♪hey come to you and me ♪ i don't remember who won the ra that day...r2 ♪ to show usfr how to live, ♪ ... bui'll(never forget how i felt. ♪ to teach us f:how to give ♪ to guide us with the light of love. ♪ gerri: looking at every nickel and dime during the holidays, who doesn't love a great deal? we have you covered with a round up of a great list. one of them is a free convertible ride in hawaii. the executive from smart travel joins me right now. the great deals that are out there right now. starting with kids sail free on disney? tell us about that? >> these deals are almost free. a lot of them you have to buy a little something,

get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] hocer ] lease a 2013 e350 for $579 a moh at yo local rcedes-be dealer. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just oneeason over 75% of our mutual funds beat their 10-year lipper average. t. ro pri. invest with cfidence. request a prospectus or summary prospectus with investmeninformation, risks, fees and expenses to read and consider carefully before investing. ... >>> i'm convinced the space program will come back. >> the country needs to have something to look forwa

winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho! male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. john: good intentions gone wrong? that is what this is. said darth frank locke, hundreds of pages supposed to protect us from the evil banks for kabbalah addition say they took needless risks and mortgages because there was deregulation. >> reckless the regulation if we do not act the bad situation will become worse. john: they got it through 848 pages. i have not read it but a lawyer who has specializes in garbage like this. >> the problem is the myth surrounding this that the biggest that is it deregulation. john: 11 george bush? >> even earlier. ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will in

winter event and get the mercedes-benz y've always wished for, now for an exceptional price. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. ♪ lou: welcme back. we are talking about the disco cliff. we are going to turn to advance in the middle east and the united nations this week. judy miller, joe trip be, and rollins. i wanted just go back to the fiscal cliff just for a second. that is, the republican messaging, if you will. they have an opportunity here, it seems to me, as well as a problem, but i don't hear creative, imaginative, if you will, rhetoric or language or positioning or messaging. >> we have been for about three years now. so i think there's no reason for it to start now. what house republicans have to understand is they are the republican party for the next four years and have to hve messaging and basically tell the american public what they're doing and why they're doing it. they can't be for tax cuts, for spending cuts. they have to articulate how it fits in the big picture. there are some skilled people

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. at your local we've decided to we're all having such a great year in the gulf, put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'll have a great time. especially in alabama. you mean mississippi. that's florida. say louisiana or there's no dessert. brought to you by bp and all of us who call the gulf home. progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive.

event is back, wih the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] hoannouncer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture rd! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! ♪ neil: finally, why should onlly fox news viewers have all the fun? talking about christmas shopping tips, annual taple andda much appreciated public-service everywhere, but fox business friends are even more demanding. you don't want ideas, suggestions. you need a hit, numbers. safe and reliable, improving markers. here for you, mike finicky financial friends to my your own business shopping tips for everyone. all you have to remember, you have to remember are these five numbers, three,

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] holease a 2013 c250 for $349 a month at your local mercedes-benz dealer. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ 7,000 students drop out togeevery school day.ure. that's a line of desks more than 4 miles long. keep students in school. visit boostup.org and take the first step. neil we are nowhere close search could deal than we were last week at this time. but i guess they cou over the phone? >> right. we have got as much done with house speaker out of town than rehab with him in down. he has access to telephones and airports he would be happy to fly back to speed the the president but after the meeting last night, all signs point* to the continued impasse with taxes

winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] hoo! [ male announcer ] lease a 2013 glk350 for $399 month at your local mercedes-benz dealer. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'll find the exaordinarily comfortable sleep nuer experience. an exclusive collection of innovations that totally individualize your sleep. perfectly coortable pillows that adjust to your size and shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how our sleep professionals can individualize your sleep experience. exclusively at one of our 400 sleep numbertores nationwide. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. liz: taking it

winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. >>> three minutes to go and it is clear here at the end of the trading session. no two ways about it. this was a risk-on day for the markets. here we go. we had some optimism today when we learned that speaker boehner went back to the white house. they met for about 45 minutes on the fiscal cliff. now we're going back to the highs of the session. a gain of about 100 points right now on the dow jones. and they sold the treasuries and the yield on the 30 year. moving higher. the yield on the ten year up to 1.77%. what led us higher in the stocks? it's been

get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho[ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. [ male announcer ] lease a 2013 e350 for $579 a month sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> coming up on the closing bell. tax cuts for anybody making less than a million dollars. we hear whether it has any chance of passing the senate. >>> plus instant analysis from research in motion and nike. what is up aig's sleeve now that the government sold its stake in the insurance giant? ben is here exclusive by b

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. >>> you are look at a live picture on capitol hill. house speaker john boehner is about to take the stand and he will be speaking to us. as brian a moment ago were discussing, kind of like a ping-pong news conference. one side stands up and gives their point of view. the other gives a rebuttal and we don't seem to move forward at any particular pace at this stage. >> who can blame the american public for being confused in part, right? we're confused sitting up here. but that's just about a lot of other things. here is the reality, president comes out earlier and said the gop is not giving in. they should. then you have boehner coming out and saying, this is what we offer. the president did not accept it. >> we have john harwood as well. john, what are we expecting boehner to say? >> i would expect him to say, he would try it pass plan b and dare the president to veto it. >> i will just

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] hoho, ho! [ male announcer ] lease a 2013 c0 for $349 a month at your local mercedes-benz dealer. >> and nationwide test will begin any moment in. john: that is exciting. >> you cannot avoid it by flat being dead channel. it is everywhere. john: must be the federal government for good the emergency alert system starting with the system to warn as if the russians attacked. then we had the integrated public alert system that they can reach the public in 10 minutes. then taxpayers were built commercial mobile alert system so government can reach you on your cellphone. they say thank goodness. >> of course. when something is happening how else do we know? >> the general attitude is a year safer except have you ever been warned by anything? you often get warnings from us and radio stations of other threats but the emergency alert system? never. even on september 11 the system was not activated although it existed 60 years it was not tested until jaime barnett's said we should test it. you wer

get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] homale announcer ] lease a 2013 e350 for $579 a month at your l mercedes-benz dealer. >>> answer that or say anything else you want in your national air time now. >> it's a good one, brian. the 6.5% unemployment rate target, how long will it take to get there? that's the question the markets need to answer. i've done some quick calculations. we've talked about this at pimco. basically,ali alitt a level of now. that's a 1.2% gap they needed to fill. to our way of thinking, that requires that 200,000 a month job employment report, in order to fill that gap, and that's probably going to take four to five years, we're out there in terms of time. and to think that the fed can basically manage interest rates for that period of time, i think, is a decent stretch. which was the breadth of your question. >> bill gross taking 2017 in the super bowl pool. low rates going to keep the housing market chugging along for the next several years? >> can't ignore the fiscal cliff that's out there. got to g

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] homale announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. at your local and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. if you have any sudden de

get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] hole announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. [ male announcer ] lease a 2013 e350 for $579 a month to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana o

winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. john: people want government to keep us safe. the water we drink, the air we breathe. of the soap we use? in done name of protecting us the government has studied the ingredients of the antibacterial soap under ou deodorant has a chemical that kills germs. total tuesday's. the bureaucrats steady they have than steadying and now 40 years and still have not made a decision. paul alexander robo book called pandemic people versus terms. 40 years? >> the product was invented to start a review process. the fda decided it was safe to be effective they weren't certaithat if was safe and there is some environmental group. then the environmental groups came into protests it was substance was dangerous. and to have research to back it up. >> and to save nine humans to use the product but a and the ap -- epa to label the pesticide. >> is good for identified this. john: it kills a pass. >> the epa b

winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. by december 22nd yep, there i am with flo hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. so call me today. you'll be glad you did. cannonbox! [splash!] ♪ lou: ten days until the fiscal clef. that's right. still counting. the market sell-off today on no solution and moody's chief economist and bedford of adviser and chairman ceo harvey eisen will join us in moments to make all of this rational and understandable. first, and the "moneyline," investors expressed disappointment in the republican failure to pass plan

event is back, with the perfect vehicle thas just right for you, no matter which list you're on. [ santa ] hoho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. at your local why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has raise your rate cd. ally bank. your money needs an ally. gerri: here comes christmas. what do you w gerri: it is the christmas season. i think you can tell a lot about a person when you ask them exactly what is on the christmas list. so we have asked some of our very own anchors your fox business what they are dreaming of this holiday season. there is what they told us. >> my dream christmas gift, and this is so beyoncÉ, 3-carat diamond studs from harry winston. >> a little bit more rest time. >> world peace and maybe used jaguar convertible. >> you have to laugh. i'm asking for a clean water filter pitcher. i

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] honcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. >> i am thinking as a six or sen year old what are your thoughts? i am thinking i have to be their parent and have to tell them and i said i need you to know they love you all very much. and that it is going to be okay. i thought that was the last thing we were going to hear and i thought we were all going to die . i don't know if that is okay, teachers, but i wanted them to know i loved them and that would be one of the last things they heard and not the gun fire in the hallway. it is horrible, horrible. >> that was a first grade teacher in sany hook elementary thinking about her unbelievable day and likely to hear more stories as the tragedy unfolds . here is dr. michael boden. former nypd detective bo. and psyche therapist is here with us. tunes and teachers and bo has sewn a lot in his day. they will be dealing with a lot. >> it is extraordinarily traumatizing. nto the partners the most? >> right. getting

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho[ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. >>> welcome back to the new york stock exchange. at the lows of the day right now, so if there was any optimism over the last couple of days showing in this market, seems to have evaporated a bit as we head towards the close. meantime, chinese bank regulators scrambling to head off a potential crisis after a hoe-profile blowup of a financial product invested in a pawn shop. cnbc's chief international correspondent michelle caruso-cabrera is here w

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. >>. >> neil: charms what do you got. >> an amazing company, they had a tough year, but china is rebounding and make a lot of money. >> caterpillar on global recovery. what do you think of that. >> i like cater pillar for quite a long tim whether or not the economy recovers, it's a good. >> neil: what are you buying? >> vanguard re-index. the criticism i wanted to pick something, it has a generous yield. >> neil: i love that company. i love vanguard. i love reit and it's a great gift. biggest index of them b.t.

get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] hoouncer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. [ male announcer ] lease a 2013 e350 for $579 a month let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. >>> thanks to everyone for a great discussion here. i hope you have a happy holidays. if you're looking for a last-minute christmas gift for the history buff in your family, our new e book makes a perfect stocking stuffer. harold's got a box of them. it's available on i tunes,

winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. at your local you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breath

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. >>> ever since the horrific hurricane sandy rolled through the northeast wrecking everything in its path, i've been telling you that there are two sides to this natural disaster coin. on the one side, of course, most terrible, sandy was an absolutely horrible human tragedy. caused tens of billions of dollars worth of property damage. the flip side is that the superstorm could turn out to be an economic shot in the arm for the northeast and the entire country because it was that bad. because of all the ruined property. houses, cars. we've mentioned cars already. you name it. it needs to be replaced. and tonight i've got another company involved in the rebuild after sandy. this time it's a little different. i want you to think about boats. according to the boat owners association in the united states, over 65,000 recreational boats were damaged or lost thanks to sandy. when it comes to recreat

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] hoho! [ me announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. to a currency market for evyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. well, having a ton of locatis doesn'turt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. lori: dell is back. at least for a day today. up 4.5%. heavy volume making it our power over of the hour. dell getting a thumbs up from goldman sachs. price target going from nine dollars to $13 a share. open analyst saying the earnings estimates have already dropped significantly. the risk reward in the stock is favorable. goldman also talks about strengthening the balance sheet. todd news has turned two week pc sales. all right, retailers on the red today. especially from the department store chains. l

is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. gerri: here comes christmas. what do you w gerri: it is the christmas season. i think you can tell a lot about a person when you ask them exactly what is on the christmas list. so we have asked some of our very own anchors your fox business what they are dreaming of this holiday season. there is what they told us. >> my dream christmas gift, and this is so beyoncÉ, 3-carat diamond studs from harry winston. >> a little bit more rest time. >> world peace and maybe used jaguar convertible. >> you have to laugh. i'm asking for a clean water filter pitcher. i do, i want better water. >> i'm happy to hang out with my brothers and sisters for christmas. >> the first thing i'm asking for for christmas is made service. the biggest thing about christmas is there is no better or wonderful president by giving great gifts to your 12-year-old daughter. i'm just loving it. here comes the i've had many.

get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho[ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. [ male announcer ] lease a 2013 e350 for $579 a month you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can rever

winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. >>> it hit me last night, what makes these budget talks between boehner and obama so darn annoying? i don't think he understand, neither man, the consequences of what they're doing right now for the american business publicly with all the wrangling. that's because in many ways the business public is not represented by either the speaker or the president. as opposed to the democratic and republican posturings i hear two streams of thought. for the gop they worry about the small busines