>> companies like solyndra is leading zbliatd solyndra still owes half a billion dollars. >> federal agency is now retaliated go by firing the agent who blew the whisology the mission that allowed thousands of guns to get the hands of mexican drug lords. >> a dozen or hundreds of guns, you are talking about thousands of weapons. >> who authorized this program. >> at the very highest level at the department of justice, they knew what was happening. >> eric holder was sent.... >> i heard about fast and furious over the past few weeks. >> ten months before that. >> a cover-up and deception. >> allowing people that are not citizens of the united states to vote. >> these ballots are being in the name of the dead. >> he is registered to vote. >> it would require identification before they went to the i.d. against the poor, elderly. >> how the structure is putting in place. how they are distributed. whether it has an impact on people of certain race. >> why would it? >> it feels like a lot of these laws are in search of solution to a problem. >> would that be of interest in the f.b.i.? >> s

>> companies like solyndra is leading zbliatd solyndra still owes half a billion dollars. >> federal agency is now retaliated go by firing the agent who blew the whisology the mission that allowed thousands of guns to get the hands of mexican drug lords. >> a dozen or hundreds of guns, you are talking about thousands of weapons. >> who authorized this program. >> at the very highest level at the department of justice, they knew what was happening. >> eric holder was sent.... >> i heard about fast and furious over the past few weeks. >> ten months before that. >> a cover-up and deception. >> allowing people that are not citizens of the united states to vote. >> these ballots are being in the name of the dead. >> he is registered to vote. >> it would require identification before they went to the i.d. against the poor, elderly. >> how the structure is putting in place. how they are distributed. whether it has an impact on people of certain race. >> why would it? >> it feels like a lot of these laws are in search of solution to a problem. >> would that be of interest in the f.b.i.? >> s

listen, say you what want about solyndra. at least with solyndra little girls didn't worry that their solar panels would kill them while they sleep. (laughter) all right, look, so even team romney knows not every investment pays off. which is why the government's investment batting average isn't their real concern. >> even if washington could be good at picking winners and losers, which they're not, they shouldn't be in the business of picking winners and losers. that's not the role of government. >> it's not the role of government-- this is the issue. it's a philosophical one about the role of government. the pithy essence of the center of the core of the life like doll. so where should we be putting government money? >> this is where we should be devoting our federal dollars, putting money into technology and science and research. >> and make sure we keep our pell grant program growing. >> i believe we do have to invest in our basic infrastructure. >> having good roads and bridges and rail lines and so forth and air traffic

meanwhile, in another story, a bankruptcy judge approved the sale of solyndra former headquarters.se pictures. seagate technology. $90 million. this after government objections surrounding solyndra bankruptcy exit plan, which gives taxpayers a little, if anything. solyndra did receive more than half a billion in taxpayer money from the obama administration to build their california headquarters. government lawyers appealing to stop the bulk of the money for mending of finance a private equity fund's controlling solyndra. those taxpayers just can't win. in another story entirely, united airlines says flights are back to normal after computer problems disrupted its schedule today. this is the third computer-related issue since summer. tonight the airline still is and saying exactly what caused the problem. here to help us find the answer, tom parsons, ceo of best fares. great to see you. here is what i don't understand. don't these people have redundant systems, backup systems? >> you would think so. i'm sure they did. the problem is, i don't know if united corporation continental kn

. >> one word solyndra. >> oh, come o. >> it is my money wasted. >> do i have to go to the administration that had winners and losers. >> it is not about solyndra but steve, do you think thatlet president could get behind aatural gas policy. >> only rhetorically. he doesn't like fossil fuels and he likes wipped mill which is medevial. sun is not doing it and the wipped mill didn't help us in the storm. >> voters choosing to hike the taxes to avoid a shorter school year. that is on cashing in. and making marijuana legal. >> it is it a report flip side. are that has you saying, are they high in they high in ♪ 4g lte is the fastest. so, , which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the othernes. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other netwo

. >> one word solyndra. >> oh, come o. >> it is my ney wasted. >> do i have to go to the administration that had winners and losers. >> it is not about solyndra but steve, do you think thatlet president could get behind a natural gas policy. >> only rhetorically. he doesn't like fossil fuels and he likes wipped mil which is medevial. sun is not doing it and the wipped mill didn't help us in the storm. >> voters choosing to hike the taxes to avoid a shorter school year. that is on cashing in. and making marijuana legal. >> iis it a report flip side. are tt has you saying, are they high in they high in ♪ [ geese honking ] think you've found every hazard out here today? think again. the spot you missed could be a killer. that spot on your skin could be skin cancer. fact is, if you're a man over 50, you're in a group most likely to develop skin cancer, including melanoma, the kind that kills one person every hour. one in five americans is likely to develop a form of skin cancer during their lifetime. that's why your best shot is to check for a spot. it's easy -- follow through and check you

. >> one word solyndra. >> oh, come o. >> it is my money wasted. >> do i have to go to the administration not about solyndra but steve, do you think thatlet president could get behind a natural gas policy. >> only rhetorically. he doesn't like fossil fuels and he likes wipped mill which is medevial. sun is not doing it and the wipped mill didn't help us in the storm. >> voters choosing to hike the taxes to avoid a shorter school year. that is on cashing in. and making marijuana legal. >> it is it a report flip side. are that has you saying, are they high in ♪ marijuana may get you high. but legalizing it in the united states will help lower the debt. and >> getting high in the mile state legally . voters necessary colorado and washington, deciding to legalize the use of marijuana. you legalize and tax pot to help bring down the debt in the united states. that is the flip side. >> of course we should legalize. we don't want government telling us what is it safe and do with our private lives. it would lead to higher revenues and my only problem there. we have a spending problem and it scare

. >> a becomes judge finalized the sale for a plant formally owned by solyndra. solyndra went bankrupt in september of last year, after receiving a 500 million-dollar loan. >>> a sepplin tour says that it will shut down for good if it does find a white knight venture. they say, they are ceasing operations immediately but there is still a small window for a sponsor to step forward. passengers who have booked flights will get refunds. >> well, you might call it a tivo moment for a program based in radio. the bay area organization that's getting some big-time national attention. >>> and we have green on the radar, meteorologist mark lets us know how soon that rain is going to arrive. .Ñ [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secondhand smoke... and some of them can't do anything about it. ♪ [ continues ] [ gasping ] >> take a look at this scene here tonight at santana row in san jose. these fans lined up hours

assumptions and policies which led to such ill-fated federal investments as that of the now bankrupt solyndra solar panel manufacturer as well as the a 123 caller battery manufacturer to a withering analysis which we at the institute have come to expect of the oxford trained economist whose chief of staff for the council of economic advisers. sorry. during the administration of president george w. bush. in her book she helps us understand why the failures of such direct investments in private firms are both significant problems in themselves and cautionary tale for those who would have the government rather than private investors allocate capital. the publication of "regulating to disaster" calfs diana's first year as an institute senior fellow in which she has been prolific and influential. cited by writers, reporters, talk-show hosts across the country. in particular i think of many contributions to our issues 2012 ranging from her analysis demonstrating that even adjusting for the state of the economy the number of americans receiving food stamps is at an all-time high. we heard that echoe

. >> rick, maybe if we didid that, we wouldn't have the solyndras. >> what in the world does solyndraave to do with people in vallejo, california? >> misspending our money! >> boy oh, boy, we can bring this around. i'm fascinated that you could do that. this is about people coming together to decide on some community projects, with a tiny piece of the city's budget. let's not make it more than it is. it's an interesting experiment. let em try it. if it turns into mess,hey would not do it again. >> the point is when local people have control of the way thei money is spent locally, they're much better at administratorring it than the people in the state house or in washington. >> yeah. but that's not what we're talking about really. the issue in vallejo is should a community be in charge of a portion of the budget? and my answeis no. this is a city that's emerging out of bankruptcy. they need to make very practical decisions. i think when you get a group of people in the room, they'r not necessarily going to make the most practical, long-term decisions. they're going to think about what

she subjects the assumptions and policies that late bled to ill-fated when assessments like solyndra and a123 battery car manufacturer that we have come to expect from this former chief of staff for the council of economic advisers during the administration of president george w. bush. she helps us understand while the failures of private firms have significant problems themselves and cautionary tales to have the government rather than private investors allocate capital. the publication of regulating to disaster caps her first year as a senior fellow in which she has been prolific and influential cited by a writers, reporters and talk show host across the country. to think of her many contributions ranging from her analysis demonstrating even adjusting for the state of the economy those receiving food stamps it is that an all-time high. to another that we'll companies are not monopoly's controlled by a few but an important source of wealth and income for millions of average americans. whether clear markets coming tax notes or testified before congress she it is a powerful and detecti

president obama called solyndra a model of green technology and then went bankrupt later. >>> new health concerns about another type of energy product, this time it is the 5-hour energy which comes in a shot size bottle. ktvu's david stevenson tells us what led to the investigation. david? >> reporter: first, monster energy, now 5-hour energy is being scrutinized for possible link to injuries and deaths. >> reporter: she is a coordinator at ucsf and relies on 5-hour energy shots to give a boost. >> i try not to do it too often. only on days when i feel like i am sluggish. >> the food and drug administration is taking a closer look at the drink. they confirms to ktvu it received reports of 13 deaths and 30 reports of life threatening injuries since 2008. >> energy drinks are about two cups of coffee and kind of put together in a way that might encourage you to take multiple doses. >> reporter: they asked researchers to look into hundreds of cases involving a variety of energy drippings. he says large doses of -- energy drinks. he says large doses can set off heart conditions. >> adrenalin

i got two words for you ben got got -- benghazi solyndra.on't know what they mean. >> you're speaking european to me. what the hell does that mean? >> benghazi wasn't deciding the issue of this campaign because it's at the moment when the closure of the republican rights, the field bubble has been burst, and it's going to be fascinating to see what happens when they meet actual reality. ( crowd cheering ) >> stephen: you underestimate our armor, my friend. you used to be a conservative. >> i am a conservative. >> bull dookie! if we weren't live -- >> those moderate republicans, now called moderates in those polls voted for moderate republicans called barack obama who is a very moderate president. has been and most people understand that. ( crowd cheering ) >> stephen: so what happens? is there now a civil war within the republican party. >> i hope so. because i want conservatism to revive. i want it to be connected to reality, to what's going on in the world ,to the changing demographics of the society, the changing nature of the society and

not good news like solyndra that was trying to compete against chinese imports.erms of installation jobs building wind farms, it's actually been growing and robust. that's the unreported side of the story. >> gavin: what about the wind tax credits that are being debated. that's got to be putting a chill on the industry today with the uncertainty tomorrow. >> it's infuriating. for romney not to supposed those tax credits. he has to know that it's the uncertainty. this is one thing that clean energy said, we don't want a handout forever. phase things out over time but do it in a rational manner. we can't have the boom and the bust. thenwhere it went big and then it was destroyed and then technology jobs went overseas. it's difficult to think about that and the repercussion when we could have a much more orderly transfer. but not the boom and bust. >> gavin: assume that president obama is re-elected. what should he think about going into the new year, taking the baton of sandy and new consciousness that hopefully is iowaawakened. what should be the top priority goin

i got two words for you ben got got -- benghazi solyndra.on't know what they mean. >> you're speaking european to me. what the hell does that mean? >> benghazi wasn't deciding the issue of this campaign because it's at the moment when the closure of the republican rights, the field bubble has been burst, and it's going to be fascinating to see what happens when they meet actual reality. ( crowd cheering ) >> stephen: you underestimate our armor, my friend. you used to be a conservative. >> i am a conservative. >> bull dookie! if we weren't live -- >> those moderate republicans, now called moderates in those polls voted for moderate republicans called barack obama who is a very moderate president. has been and most people understand that. ( crowd cheering ) >> stephen: so what happens? is there now a civil war within the republican party. >> i hope so. because i want conservatism to revive. i want it to be connected to reality, to what's going on in the world ,to the changing demographics of the society, the changing nature of the society and

. >> the bankrupt solyndra has a new buyer. there's been a sale approved to sea gate technology for $90 million. drastically below the $300 million it cost to build the pa silt. the plans to use the building for research and development. solyndra received a half billion dollar loan from the government to create that building. how could it have happened? that's what parents are asking tonight after a registered sex offender was allowed on campus in the midst of hundreds of students? turns out, there's a loophole which police powerless to close. marianne favro is live in san jose. it's not sitting well with parents. >> reporter: no it really is not, jessica. the registered sex offender was volunteering here at this parish last month during a church festival. parents tell me there were hundreds of kids at that festival. when deputies questioned him, he produced a letter from the church that gave him authorization to be here at the school. tonight, both sheriff's deputies and the diocese are investigating that letter. >> the contro

. >>> a new judge has approved solyndra's former fremont headquarters to seagate technology for $90 million. sill ind they got a loan from the government, and went bankrupt. taxpayers will recover for little if anything. government lawyers are appealing the ruling. >>> thousands of twi-hards lining up across the country for the midnight showing of the final chapter in the twilight movie series! you're looking at a clip from "breaking down part 2."s expected to make hundreds of -- it is expected to make hundreds of millions of dollars just this weekend. philippe is live. >> reporter: yes, but to be honest, it's just me outside! there's nobody around me. and the box office is quiet. but that's because everyone's inside watching the movie! here in berkeley, the united artist theatre showing breaking down at 10:00 tonight, it's about halfway through right now. the line outside earlier stretching around the building. it was a mostly young crowd with a lot of twilight fans buying their tickets well in advance of showtime. the theatre showing the film on three screen, all sold out. at least 600 ti

de insolvencia economica, permitio la venta de las instalaciones de la empresa solyndra en fremont...una vez se fabricaron paneles solares, fueron vendidas a la empresa fabricante de discos de computadora "seagate" por un costo de 90 millones de dolares, un 70 porciento del costo de construccion original de las edificaciones... . ---"seagate" con base en irlanda aun no ha revelado que uso dara al sitio... stop open roll open blanca ---ahora pasamos a las imagenes del dia... take pkg video 1 --en port lincoln, australia, se han encontrado mas koalas heridos despues del incendio de maleza masivo que destruyo ademas 7 casas y autos. --los animales estan siendo tratados en un hospital local por quemaduras en sus cuerpos. --los veterinarios reportan que los koalas se recuperan satisfactoria mente pero que podria tomar meses para que regresen a su habitat natural. video 2 -- a 16 ballenas en una playa en nueva zelanda tuvieron que practicarles la eutanasia, al haber sido encontrantadas varadas despues de que una enorme e inusual ola las arrastrara a la playa y no pudieron regresar al mar, -

solyndra filed for bankruptcy in september of last year after getting a $500 million federal loan. >>the best black friday deals may not come on black friday after all. cbs 5 consumerwatch reporter julie watts shows us when the best deals do turn up. >>> reporter: we see it every year, the shopping stampede shortly after the last slice of pumpkin pie. but this year, you may want to stay home and digest because a lot of those black friday specials aren't so special. >> the goal of the ads is to drum up excitement. >> reporter: but matthew says many black friday ads this year look awfully familiar. >> 90% of the retails we looked at were going to sell at least one of the exact same item at the exact same price on this year's black friday as last year's. >> reporter: for example, last year, radioshack advertised this 500 gig usb for 49.99. this year it's offering the same product for the same price. it turns out it's not even the best price. >> this item started going on sale around august of this year. >> reporter: chris says the usb price hit rock bottom five days ago when it was selli

hard to argue with solyndra was a bust.... >>> i had a friend who said you don't pick the winners and losers. >> thats mitt romney in the first presidential debate saying the president only invested in losers. hard to argue with cylindra. but tesla? the bay area car company just grabbed one of the most prestigious honors in the industry. >> reporter: there was already a lot of buzz on the showroom floor about the tesla model s. when motor trend named it car of the year, it was cause for celebration. >> the car of the year is the equivalent of the academy awards in the automotive industry. >> reporter: there's reason to be proud. designed in palo alto and built in freemont the tesla model s is a silicon model valley original. >> aspiration of tesla was to build a car which was on its own merit a great car. so a car that is good looking, has incredible utility, fun to drive. model s is all those things. >> it really does scoot. >> reporter: craig keith is a retired silicon valley engineer. he owns a plug in tesla roadster. >> the only time i visit a gas station is to pump up the tires.

. >> kristen: a judge has approved the sale of the former headquarters of solyndra. they approved the sale to sea gate technology which will use it to replace current facility in fremont. they are appealing the ruling. the purchasing rise is 70% the $300 million construction cost of the facility. last year they shut down headquarters and filed for bankruptcy. company had received a half billion dollar loan from the obama administration to build the factory. >> eric: buster posey's amazing year has been capped off as the best player award. posey hit a .336 with 24 homers. he is the first catcher the win the mvp award and since barry bonds in 2004. he joins pretty good names as players to win rookie of the year and mvp award at pitchers. willie mays and willie mccovey. that is pretty good company to be in. >> i should have named i my kids willie. >> buster. >> that would be nice. buster nicco. [ laughter ] >> we know he is. maybe not is the best day did a to play catch. >> we a tournament and it doesn't look good for a lot of outdoor activities. good morning. right now

>> well certainly solyndra got some federal money.ngs i can tell you will not happen again, simply because the loan guarantee program that funded these loans with the energy department, that's long gone. that's not up for any kind of renewal. but certainly -- look. renewable fuels, kior is a company that comes to mind. that's going to be a winner from the renewable fuel standard. which for the record, both romney and obama were in favor of. some of the solar stocks perhaps can benefit. but like i said, one of the biggest things that these industries would love to see is carbon trading or a national renewable electricity mandate, you know, like what europe has. that's not in the cards. >> not in the cards. >> not in the cards. the house stayed republican. by the way, even in 2009 when the democrats had the house and 60 seats in the senate, even then they could not get this stuff passed. which is why i'm saying gridlock central for the next two years, if not longer. >> makes it difficult to make sweeping policy changes. thank you very m

all you hear about is the solyndra scandal which isn't even a scandal. it's supposed to symbolize how solar panel is a mirage and mitt romney called imaginary but thanks to the stimulus the solar installations have increased 600% in 2008. obviously the economy is struggling, and it's fair to point out that obama and his recovery act hasn't lived up to the initial height but nothing in life lives up to the hype. that i just mentioned from the? i invited. he has put the stimulus in the center of this presidential campaign which is actually totally appropriate. there ought to be a great debate in the country about government intervention in the various sectors in the economy and how the government should respond to the downturn. most of the items in the recovery act enjoyed bipartisan support until january 20, 2009 and every 2008 presidential campaign candidate proposed stimulus package actually the largest was that romney akaka but it's legitimate to debate the lessons going forward. it ought to be about the actual stimulus and not some imaginary stimulus

. >> and the money that hasby this been spent as venture money like solyndra has beendisastrou.isastrous. >> they are a stultifying to dea turn people into a than him uppt blubbering idiot t. >> he now wants us to support him rather than support the country. lou: he is being adaptive to the new reality is. i want to turn to the bookto the israel test. a ss a capitalist and the jewish state do really is tharong,ael is that strong and important? >> i c >> baeridu. american economy is heavilyndena dependent on israel because of the debauchery of silicon valley but now it is a crucial source rabble withmicros the flash drives that just bought the new israeli company microsoft, cisco, johnson & johnson and they are all dependent on technology and of course, defenses are deeply defensive and obama's seems to think that egypt is tore important or turkey.mpotan it is the most importantes, d technology force and if we cu keep on a current path israel will be number one. >> is good to talk to you. >> the free and the brave? have we become over cents a five culture? we will talk about the

it's another solyndra, another fast and furious. they haven't gotten anything on them yet and they think they can. i had big plans, i had my career path all planned out. while i was on a combat patrol in baqubah, iraq, a rocket-propelled grenade took my arm off at the shoulder. when i came home, i felt alone. my family was around me, but i couldn't talk to them about what i'd seen and what i'd done. i remember just thinking, man, the way i am right now, i don't want to live. i was discharged from the army, and i've been working with the wounded warrior project since 2007. warriors don't have to be severely wounded to be with the wounded warrior project. we do have a lot of guys that have post-traumatic stress disorder. being able to share your story, i guess it kind of helps you wrap your mind around what did happen over there. just because you've left the military doesn't mean your life is over, because when these guys are coming home, i'm kind of leading and training them, instead of for combat, i'm leading and training them to he

maybe that one at solyndra that he doesn't want to remember now. but the fact is that there were very, very few public events, in the bay area, it was all about money, particularly money from silicon valley. >> the old days, politicians would come, you could go to the -- >> that's all gone. that's over. >> belva: so, the access to these candidates, by the average voter, is -- has disappeared. >> the average voter needed a minimum of $100 to get into any of these things, certainly in the bay area. >> a lot in minority communities on each spectrum, if they are the donors, those hosts of th e these, or they are the common voters wanting to get access and not being able to do that. >> president obama having round table discussions $40,000 a head with the api community, he did one, he did a couple with the tech community. i mean, these became very specific events and josh is right. the old days of candidates having free, public events at least in california, where we don't matter, you've seen how many events they done in ohio in the last couple of days.

it's another solyndra, >>> issue three. high noon. >> every voter out there understood that that was an important debate and the majority of voters agreed with me. by the way, more voters agreed with me on this issue than voted for me. >> what issue was that, sir? >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it. >> those tax cuts are for people who make more than $250,000 a year. the party's over. december 31 is high noon. bush tax cuts expire at midnight. taxes go back up. taxes had been lowered for a limited time when george w. bush was president, and that time runs out in six weeks. the latest budget put forward by president obama proposes $1.6 trillion in new taxes over the next 10 years from corporations and from wealthy americans. that's double what republicans agreed in to closed-door talks last year. >> i don't expect the republicans simply to adopt my budget. that's not realistic. so i recognize that we're going to have to compromise. >> well, now

. >> probing the bankruptcy of the taxpayer-funded solar firm solyndra.relentlessly pursuing fast and furious, anti-gun trafficking operation that cost a border agent his life. the bitter partisan divide was back out in the open >> and then gays and lesbians saying this on "good morning america". >> i think same-sex couples should be able to get married. >> next, latinos, an electoral voting bloc. >> no more lies! >> after initially failing to press for immigration reform, in june, the president temporarily halted the deportation of the children of undocumented immigrants. campaign 2012 had begun. >> to be the transformational president he wants to be, you have to have two terms. you can't do it in one. so everything is riding on this election for barack obama. >> the president has framed this as a battle over opposing economic visions. >> you cannot grow this economy from the top down. you grow this economy from the middle class out. >> his campaign launched an assault on governor romney's record. >> mitt romney made $20 million in 2010 but paid only 14%

that is a new souped up fiesta and if lands seized a green one there's a three solyndra fiesta and aincoln exhibit and a transit connect to show you that people are more interested today in the introduction of mark fields than any of these vehicles because he is the master of these vehicles, congratulations. saturday it becomes official. >> so honored to serve in this role. >> you have done a great job in the americas, you got to fix europe and street not far east and the rest. >> it is down to execution, we will get that going forward. >> let me ask about the economy and the fiscal cliff. are you making plans right now for ford to downside production if we get a serious problem? >> we have a process where we are looking at production so no matter what happens with a fiscal cliff is salt or not we will be able to react the -- >> doing anything in the short term? >> right now know. we are keeping the current strategy of keeping production in line with demand and we see something happening with the economy because of the fiscal cliff we will adjust the production either way. >> that is

. >>> a bankruptcy court has approved a deal to sell the former home of solyndra the failed solar company. the court approved the sale to seagate technology company for $90 million. there were no other bids though. >>> the hostess bakery company is planning to close down their plants across the country if union workers do not return to the plant. hostess runs 36 plants across the country including this bakery in oakland. if the strike didn't end today, the president said he would liquidate the company. but the deadline came and went with neither side backing down. hostess is expecting to announce its next move sometime tomorrow. >>> president obama visits new york. his promise today to a region hit hard by superstorm >>> in tonight's special report the oakland police department will be sending out two chaplains to any officer involved shootings. the policy is in response to recent uproars over such shootings. as debra villalone reports some say the department's focus is in the wrong place. >> this goes underneath my shirt. >> reporter: a minister who wears a bullet-proof vest. >> i throw

the fact the money that has been spent by this administration if you will on venture money like solyndra has been disastrous. >> they are twisting our venture capitalist, turning people like john doerr into a blithering idiot. john seeking government subsidies. he now wants us to supportim rather than him to support the country with wonderfulew companies like intel. lou: john isng adaptive to new realities. the primary source of the pital, he is turning to it, i suppose. i want to turn to this book, "the israel test." you take up e issue of the world civilization, importance israel within it. as a capitalist as well as jewish state. you reallyelve that israel is that strong, that important in the world's future? >> i certainly do. the american economy is heavily dependent on israetoday, partly because of the debauchery of silicon valley, but now israel is a crucial sourcef new technology for apple. all apples, flash tribes, just bought a new israeli company to empower its new technologies. microsoft, cisco, johnson and johnson. the dependent on technologies that come from israel. they're

we see solyndra, begin, begin pr power to raise fuel. gerri: we just show a whole list . >> and it is extraordinarily costly for the taxpayer. a better path if he is really interested in green technologyis or clean technology is setsted e reform the research and development efforts at the federal level so that if there is some breakthrough to be att3 e federal government can findth eakthr clearly this venture-capital model has failed. gerri: some breakthrough to be found : company have found ital? and me, that seems to be the>> u lows to of theld most logical.ga the president gave us a little sneak peek in his acceptance he speech. a listen to this.s >> we want our children to live in america that not burdened byi debt, not threatened by thebuen destructive power of zero warming planet. a i am looking forwardin to reachg out and working with leaders off both parties to meet theing wieo challenges we can only sell together. gerri: that sounds like a like d to we did the first four years. at think all the more of the same. >> i watched the

. >> they have thrown billions at companies like solyndra and that was tiny compared to solar one ands of billions wasted on sin fuels. >> some things work out and some things don't. >> they say it's worth theisk. >> i like the idea of government taking my tax dollars and investing into technologies of tomorrow. >> progressives like forcing private companies to do it. >> there is fuel efficiency standards have forced detroit to innovate in ways they may not have. >>ohn: so if government didn't dictate 35 miles a gallon? i think we do need government to enforce it. >> john: no, we don't. while government spend billions, ex-prize offered $10 million. >> we have to do this. we're going to go for this. >> some teams use gasoline and some electricity and even compressed air. >> 130 teams entered. it's proving what is possible. >> the design face, they had to pass a looks test and then came the safety and performance test. most teams were eliminated. >> we had the range and mileage butero to 60 our transmission didn't hold up. >> this team won the prize with a car that got 102 miles a gallo

. >> they approved the sale of the former headquarters of solyndra. it will go to sea gate technology that replace their current facility also in fremont. attorneys are appealing the ruling. it's 70% below the $300 million costs of the facility. last year they shut down headquarters and filed for bankruptcy. the company had received a half billion dollar loan from the obama administration to build the factory. >> buster posey's amazing year is most valuable player we're. he took 27 of the 32 first place votes. he hit .336. 24 homers. he is the first national league catcher to win the mvp award since johnny bench did it 40 years. first giant to win it since barry bonds in 2004. he joins elite company with will any mace and will any mccovey. >> kristen: another sign of holidays are nearing in san francisco. today, macy's will unveil the holiday window display at union square. it features kittens and puppies up for adoption. pets up for adoption and they will be in display windows until the beginning of january. >> window shopping today you may want to t

get money to solyndra.entitlement system. >> eric: in the op-ed, buffett starts out with an investor you admire and has investment idea, this is a good one. i'm in it, you should be in it, too. if taxes were raised would you not invest in that investment? buffett is talking about company. of course you would say okay, i want to make money. i'll pay the tax on it. government isn't an investment. what do we get back for money we shovel in that pile? >> andrea: right. we have had a lot of losses if the government is managing the portfolio this time around. he makes the case, warren buffett, he says they need to be more progressive tax rates. this is what george bush doesn't get enough credit for and what they talk about with the fiscal cliff. he made them more progressive. he created 10% tax rate and took lower income people off the tax roles. because of it, the rich are making more and paying more in taxes. before reagan took office. the bottom 50 paid 7%. the top 50 paid 90. now the top 50 pay 98%. the botto

. >>> a bankruptcy court has approved a deal to sell the former home of solyndra the failed solar company. the court approved the sale to seagate technology company for $90 million. there were no other bids though. >>> the hostess bakery company is planning to close down their plants across the country if union workers do not return to the plant. hostess runs 36 plants across the country including this bakery in oakland. if the strike didn't end today, the president said he would liquidate the company. but the deadline came and went with neither side backing down. hostess is expecting to announce its next move sometime tomorrow. >>> president obama visits new york. his promise today to a region hit hard by superstorm sandy. >> police officers shoot someone. an emotional situation, meet the new first responders oakland is sending to the scene. >>> in tonight's special report the oakland police department will be sending out two chaplains to any officer involved shootings. the policy is in response to recent uproars over such shootings. as debra villalone reports some say the department's f

the fact the money that has been spent, by this adnistration, if you will, on venture money, like solyndra disasterous. >> they are twisting, stolt our venture capitalists and turning him into a little b-- and wants support him, rather than us, supporting -- >> john is being adaptive to new realities, and is the premium mary source of the capital and is turning to it, i suppose. i want to turn to this book. "the israel test", which you take up the issue of the rural civilization, the importance of israel within it. the capitalist, as well as jewish state. you really believe israel is that strong or important a fulcrum in the world's future? >> i certainly do. the american economy is heavily dependent on israel today. partly because of the debauchery of silicon valley but now israel is a crucial source of new technology for apple. all of apple's flash drives and just bought a new israeli company to empower its new technologies, microsoft, cisco, johnson and johnson, monsanto, all of these companies are dependent on technologies that come from israel and, of course our defenses are also deep

instead of the snowball, maybe they could change that to the solyndra ball. >> listen.e that idea. i also absolutely insist that management drive down to washington to pick up the check in one of those hostess trucks was a kid he a crate of the ding dongs and flight down on a sugar high. they have to go down and pick up the check. tom: basically, what you are saying is your not a fan of bailouts, tired of government bailouts, but this is different. this is important. >> very important. tom: if you look at the website, it's under a human-rights. it's on the human rights area on the white house website. >> have you ever tried to live without one of these things? this is serious stuff. america is very concerned. we only have a fiscal cliff to deal with in the war in the middle east. but we need to put some standards there. we have done a piece of the company. 71 percent that we could never sell for profit. we can never sell for profit. we have to extend the shelf life on these things. right now the shelf life is eternity. we have to bring debt down to three days because th