as you know george soros is someone who likes high stake beds. >> rob milburn will you give george soros a call to find out if he read the book in what he thinks now put his $50 million did and where else he might spend that money, maybe on real development. >> or on a honeymoon. he got married last week. i don't read your book and i have to say all the reviews i've read and what i've heard tonight am absolutely inclined to read it but what i don't understand from what i've read and heard so far as what were the methods employed? what was he doing with the money how is it being spent and what was the plan? >> that's a very good question and the fundamental question and apart from just telling you to read my book the truth of the matter is there's nothing about jeff sachs's prescriptions that are actually -- absolutely novel. what is prescribing is rather than just building a school in a poor community or just digging a well his idea was that people were trapped by poverty in way that if he just looked after one problem without solving all of them holistically as an academic likes to say

there are some -- soros is clearly a liberal. koch brothers are clearly conservative but they give enormous amount of money to hospitals. >> and you say give them credit for that. >> yes. you don't have to agree with everything. i don't know if i agree with either side but i think they all deserve credit. there are also a lot of people who aren't billionaires, who aren't even millionaires who write small checks or give their time. they work and lobby their elected officials to take government money and try to improve the health of everybody. they deserve credit as well. >> 80 that feeds in to what you were talking about. some people feel that their lives have improved. how can they care about the problems that you are talking about? >> the question is, are you willing to spend less than one percent on saving lives for a few thousand dollars per life. the european governments tend to be about twice as generous on these eight issues as the united states is. they set a good example. even the u.k. is making increases. it is a politic

but one of the biggest names is investor george soros. we spent some time yesterday listening to him. we caught up with him and talked about the crisis in syria. >> it's really the fact that you have a humanitarian catastrophe of the first -- developing and it's liable to get worse if there isn't b a greater international public awareness and engagement to deal with it. because the regime has deliberately targeted excess humanitarian aid and medical supply supplies as a weapon of war. the policy of the staff or surrender. so it's a -- it's a tool of war. and the conflict has to do a political settlement. there is no -- a settlement would take years of fighting. so if during this time there is no arrangement to provide humanitarian aid across better lives or as part of a generalized cease-fire, the population currently already this winter more people are going to die because of deprivation from food or medical supplies than from actual fighting. and that is going to amount with the passage of time. so the sooner people become aware and put

soros, etc. >> george soros, there was a report today saying that george soros has bought a 3.1% stakeny, a construction company. it is worth about 2 billion euros. it has been decimated since the height of the construction boom. the interesting thing is that is following bill gates. you consider how bill gates has done regaining his number 1 spot as the richest man in the world. he bought a 6% stake in the same company in october. what we aret of seeing, investors going into spain and buying real estate assets. even some south american billionaires, the venezuelan billionaire juan carlos escetet bank, he bought that last month for one billion euros. what people think might be some sort of recovery in the economy. >> david tweed joining us from berlin. markets reacting to the latest data out of the spanish economy? thettle bit better, some of data coming through. caroline hyde is at the touchscreen with more. markets said the bond are doing well. the equities markets are not doing too badly either, up 0.7%. up, the periphery doing well. raising some of the losses on the stoxx 600. in3

. >>> the hedge fund manager george soros says the slowdown in china is his biggest concern. he said three years of worrying about the eurozone should not give rising to the hard landing in they china. he argues they have run out of luck. what is your biggest concern? tweet me @cnbcwex. your biggest concern? >> my biggest concern is seeing 3% growth in states, which is remarkable growth, but we see in europe, except france and italy, you see in europe things are improving. in japan the growth is there, in the u.k. we see quite good growth, so i think now the challenge is for a government policymaker not to be too much complacent and continue physical confrontation and structural reform. i think that will be the key. >> let us know what your biggest concern is by getting in touch with us. >>> global equities, the dow jones stock 600, take a picture of this. pretty even stevens, really, between advances and decline. the decline has just about had it by a short nose, but dow 600 is down a quarter of a percent. ftse very flat in low volumes, right now it's down another eight poin

george soros has done innovative work.f most amazing are the people out in the field, who spend big parts of their life in africa, taking these tools we send back and make sure they get out there. >> you have to separate people's political interest from their willingness to help. george soros is clearly a liberal in some ways. the koch brothers are very conservative. but they help out hospitals. you don't have to agree with everything. i think they all deserve credit. there are an awful lot of people. there are people who aren't even millionaires and right small checks and give their time and go out there and work and lobby their of elected officials to take government money and try to improve the health of everybody. they deserve and enormous amount of credit as well. >> that maybe feeds into what you are talking about with the misperceptions. people feel like their lives have not been improved. the average american does not feel like their life has been improved. how can the care about the problems you are talking about?

as you know george soros is someone who likes high stake beds. >> rob milburn will you give george soros a call to find out if he read the book in what he thinks now put his $50 million did and where else he might spend that money, maybe on real development. >> or on a honeymoon. he got married last week. i don't read your book and i have to say all the reviews i've read and what i've heard tonight am absolutely inclined to read it but what i don't understand from what i've read and heard so far as what were the methods employed? what was he doing with the money how is it being spent and what was the plan? >> that's a very good question and the fundamental question and apart from just telling you to read my book the truth of the matter is there's nothing about jeff sachs's prescriptions that are actually -- absolutely novel. what is prescribing is rather than just building a school in a poor community or just digging a well his idea was that people were trapped by poverty in way that if he just looked after one problem without solving all of them holistically as an academic likes to say

are people like george soros, who has done very innovative work. maybe the most amazing are the people out in the field who's been big parts of their life in africa taking these tools we held back. >> you have to separate peoples political interest from the willingness to help. there are some, soros is clearly a liberal. the koch brothers are very conservative. moneyave given enormous to hospitals. >> you say, give them credit for that. >> yes. you do not have to agree with every everybody does. all deserve credit. an awful lot of people. a lot of people are not millionaires and they write small text or give their time -- small checks or give their time. they try to improve the health of everybody and they deserve an enormous amount of credit. to's maybe that needs and what you're talking about with misperceptions. some people feel their lives have not improved. how can they care about the problems you're talking about? the question is, are you willing to spend less than one percent on saving lives for a few thousand dollars per life. the european

george soros has apparently taken 3.1% in fcc.cc used to be one of spain's biggest building companies. it has been decimated by the construction collapse in spain but george soros's board of stake, we haven't confirmed that yet but it is -- he is following up on bill gates who bought a stake in the same company in october. we have latin american billionaires moving in and buying some banks. we have a mexican food company wanting to buy a spanish sausage company. there is a lot going on, a lot of corporate activity. it looks like a lot of people want to find ways to leverage themselves into this very tentative spanish economic recovery. >> interesting. a good place to pick up with bill blain. let's talk about the european story. , some betterstory data coming out of spain. >> i think david's comment was tentative. that is the very best you can say about dennis recovery. what we are talking about is a tiny group factor -- growth factor. it is so small it could easily reverse very quickly. if it is the start of real spanish recovery,

soros is some -- clearly a liberal. are clearly conservative but they give enormous amount of money to hospitals. >> and you say give them credit for that. >> yes. you don't have to agree with everything. i don't know if i agree with either side but i think they all deserve credit. there are also a lot of people who aren't billionaires, who aren't even millionaires who write small checks or give their time. they work and lobby their elected officials to take government money and try to improve the health of everybody. they deserve credit as well. >> 80 that feeds in to what you were talking about. some people feel that their lives have improved. care about the problems that you are talking about? >> the question is, are you willing to spend less than one percent on saving lives for a few thousand dollars per life. tend topean governments be about twice as generous on these eight issues as the united states is. they set a good example. even the u.k. is making increases. it is a political decision. if this cynicism, the l

david: that is how george soros made a billion bucks in europe with the english pound.d to raise rates in order to stablize the currency. they didn't. it went down and george soros made a mint. >> that is such a great point you make because that is exactly the point these guys on wall street are saying. they're using u.k. experience in '90 go. the rate hike came too late and two big and wasn't tell graveled properly. -- telegraphed properly. '97, '98 we had gyration in the currency markets in '97 and '98. still the s&p was up 30%, 26% for those two years. there was major correction. the dow went down 10:00% in '97 and 20% in 1998. we have to watch out for the whipsaw action as currency markets get roiled. back to you. david: the emerging markets fund is down 6%. that is big downward movement. liz, thank you very much. >> sure. liz: he was ahead of the curve when it came to the housing collapse and bubble that formed on wall street so what does he see ahead in 2014? are there any bubbles lurking now? harvard professor martin feldstein joins us next. david: ice, snow, cri

think it's very interesting that he made these statements while addressing a group funded by george soros. a group that is legally supposed to be nonpartisan and yet is he clearly laying out his plan of attack against the tea party and republicans. it's no different than obama care granting exemptions to its allies. you can't single out one group and say these rules apply to you and nobody else. it's against our free speech. it's against our right to redress government. and i think it shows that schumer believes that the democrats will be in power forever. >> well, you know something interesting, he says tea party elites. i imagine, i don't know if he includes everybody in the tea party he might have singled them out like the koch brothers which are the counterpart to george soros. interesting he is going after the tea party while he is sitting there speaking at this event. >> exactly. that's exactly right. you know, the democrats have been coming after the tea party and our donations from the get-go. but it doesn't work because the tea party is not dependent on our donations. the county

i caught up with george soros last night and we spoke about syria, something he feels that every human being should be focused on. i also had an in depth discussion with the imf managing director, christine lagarde. part of our conversation was on iran. the leader is the first in a decade to visit davos. rouhani could struggle to achieve big ambitions for his country. relationshipet the on sound footing with appropriate review of the economy and a thorough discussion with all the monetary and budgetary authorities. >> you were saying today that he hopes that he was saying that iran has the potential to become one of the 10 richest most important countries in the world. >> it is good to have ambition. it is good to have objectives. it is a question of making sure that you take the right measures , that you have that level of cooperation. i could not insist more on cooperation. iran or anyether other country, however big it is , needs to cooperate with each other. the economies are two vastly interconnected through financial channels, through trade channels, through remittance channels t

a much higher than those of those facts is an income tax and i think with the exception of george soros who has said explicitly that high tax is not necessary. there are very few people who were taking that next logical step up from stating the abstract needs to do and it's into xd i'm policies that affect them personally. the important part to consider is that the uganda for the social and the health and the reasons that you know that that that susan effort to wealth inequality being bad in itself or society is. it is of course badly important of these billionaires cannot continue to be bitten as if this inequality is not addressed because the global economy is suffering from a structure or lack of the mondo falling out of them in the last of the rising inequality means that there are no idea the rise and it was a shrinking base all up a nation of them on the gates that these corporate titans added that the sensex to make the money and the last one when the making is that it is important to distinguish between the different kinds of been in as now. in particular i want to single out th

soros training and proper controls to ensure that such exports were not used for purposes other than those stipulated that would impress shipments to third countries should also be properly controlled chavez said that in formulating the new rules the government will take into consideration the historical effects of japan's export ban anti government protesters staged a massive demonstration on thursday in bangkok. they're demanding the postponement of sunday's election years trying to dig us and with the second report in a three day series looking at the situation. the same political reforms should come before an election. they are asking people not to vote on sunday. tensions are running high. i went to meet this week in bangkok to get a the protests a lot. thank you smart meters to give me a comment how he likes it mind you is trying to destroy our country. we do not have to go to the polls. when protesters are ramping up the pressure on election day gets closer the speakers while former deputy prime ministers to take checks upon marched through bangkok. every recent whoever wants

there's you know there's a george soros you know. vomiting on somebody some triple martini kamikaze had was out but sebastian is also investigating deutsche bank for rigging manipulating gold and silver prices and now this this regulator from baffin says that the issue is causing such a public reaction is understandable the financial sector is dependent on the common trust that it is a fish and and at the same time honest the central benchmark rates seem to be beyond any doubt and now there is the allegation that they may have been manipulated that's the that's the regulator head type who didn't know what i thought coppertone sun tanning lotion remember the girl with the just or the jaw the dog was following her bathing suit and if you see a little bare cheek i was thirty five that's the regulators and i'm in a world that iowa. oh no all right stacy thanks thank. stay tuned for the second half a whole lot more. of . a. very hard time. that. we are right here. but let's. play. one of the play. the fact that. we're going to go digital

first of all, the new america foundation, a key supporter of the foundation is the george soros' openiety. there is an agenda before the report is produced to begin with, i would argue. another aspect of this is they talk about the investigations that they studied and as you mentioned over 200 of them. but if you drill down into the stats, they indicate that 30% of the investigations that they looked at they couldn't identify what triggered the investigation. meaning they don't know if it was nsa or it was not. that speaks to part of the problem. any time you are assessing the work other success of the intel community by its very nature this information is secret for very good reasons. so you are oftentimes trying to assess the success of an intel community project, a program, without having access to all the data. martha: un. but -- understood. but we know keith alexander said there were 20-some odd cases where he believes the nsa was instrumental in thwarting terror attacks but we have heard no specifics. a lot of people feel if there were these stories to tell it would behoove them

. >> that was george soros speaking to me about the situation in syria.come back to "on the move." we are live from the world economic forum. these are the bloomberg top headlines. anger mingling governor mark carney says there is no immediate need to increase borrowing costs. he also indicated the debate has begun on forward guidance. his comments came after u.k. unemployment fell to 7.1%, just above the level they said would reviewing of record low rates. antigovernment unrest spread from ukraine's capital as the government calls for an emergency session. parliament will convene on january 28 to consider a no conference motion against the cabinet. lawmakers will consider repealing laws meant to crack down on rallies. 4 days and nights of clashes have left as many as five people dead. fitch ratings affirmed germany's credit rating as aaa with a good outlook. month, standard & poor's also affirmed germany's aaa credit and its outlook. yesterday, i sat down with the imf managing director christine lagarde and we had a wide-ranging conversation. ifegan by a

and we will bring you an interview with george soros coming up.ceo garutti, opening stores in istanbul, dubai, and london. stay "in the loop." ♪ >> clamming the rings and any company is no easy task, and in the last few weeks, we have been ceo's and work smart, the name of my latest book. joining me now is another ceo who has worked smart his old life, somebody who has transformed a hot dog cart in manhattan to a global fast food chain, shake shack ceo randy garutti. great to have you back with us. >> congrats on the book post-up >> thank you. we have a lot of fans here of your food. they're like, where are the shakes. tell me, first off, what has been the most surprising thing for you being the ceo now of a global company? >> the biggest surprise is that shake shack started as a hotdog carts in madison square park. the fact that we just opened our 41st restaurant in harvard square in boston a few weeks ago in itself, the scale that we have been able to achieve, the way that people associate with shake shack has been a blessing and a great surpris

. >> not some little donation like george soros would do. >> he specifically said what triggered it fort happened at newtown. here's what i found unpalatable. i'm going to try to be reasonable about this. >> i'm going to be armed. >> there have been 35 separate school shootings in america since newtown. not a single changed any federal gun law in that time. nobody on the pro-gun side seems prepared to relent about anything. not even background checks. to try and reduce the level of gun violence. why? >> you're absolutely 100% wrong. i've been writing about is, flogging it endlessly. every one of those attacks. you can see it on the timeline if you read my gun columns you'd know this. these are not caused by guns they are caused by the mentally ill. republicans need to pick up that issue. since the deinstitutionalization movement in this country, i have the numbers. decade by decade. how many spree shootings there were like this. it was like one per decade for the first 200 years. >> how do you explain? >> let me finish the sentence. for the first 200 years of there being humans here, it

it was for the center for american progress which is a big soros left leaning progressive cabal. if you look at that, he started talking about prohibition these guys seem to call us what they have been in the past. you have prohibitionists that was progressive. the government knows to take alcohol away will be better. koghlin supporting fascist ideas the guy who started social justice. you have huey long, king fish, his big thing was redistribution and those were hate mongers. then you have the kkk who is democrat and left leaning people, margaret sanger. you know, they start calling us all these atrocious things but you even see our rallies, no dirt, no profanity, nobody is drunk, nobody is committing fines. oo doo doo lar at him, chris, why are you laughi-- >> don't laugh at him chris. that's rude. why are you laughing? >> i don't know if you read the speech but i think the senator was giving a very articulate communication of what the tea party has become. he was comparing it to other movements that grew out of a fear of a changing america. i think the tea party has grown out

>> well, first of all, this is a this was funded by large port george soros for center for progress.linton was number one contributor along with beyonce and eva longoria let's not get to excited about the seriousness of this. it's great to rising ill will jit illegitimacy. this report relies almost entirely on government solutions. if we look what's been happening with government solutions and the obama approach to expanded government regulations, more taxes, actually women's poverty has increased that is something that a lot of us have been talking about for four years now how women are not fairing better under obama they are actually doing more poorly. >> doesn't it have to do more withed occasion than gender? you say okay if you are a single woman you are more likely to be poor that's because you are more likely to not have a high school education and have two kids by the time you are 19. of course you are going to be poor. is it more about education than gender? >> sometimes that's the case there are are certainly decisions made by women, for example, to have a child out of wedlo

. >> we had george soros' effort with medical marijuana. that changed a lot of public opinion. we don't have, as patrick said, we don't have the science. this is a drug that inversely affects young people. it affects them in terms of their ambition, in terms of psychosis, schizophrenia. we just don't have the -- >> let's hit on that. talk about ambition. it's a little elusive. i do sort of believe that, by the way. i think dope, marijuana, makes you sort of vague out and sort of lose interest in tomorrow, two weeks from now, two months from now, where you headed? i do believe that. >> i live in maui, and i can testify to that. >> i think it just makes you live for the moment. but patrick, what evidence do we have -- you say science. do we have any science to say that a hard-working harvard law, harvard medical student, someone who's working their butt off to be an engineer will slow down in their ambition, because they've been smoking dope over a time? do we know that? >> yes. there's hard science. the national institutes of health funded new zealand longitudinal study that sho

sort of joined up with the radicals and decided to dismantle their society host to the george soros other day just a great project to begin by think about what egypt offer your society from where you sit. so you have to first understand what the part of society that you were part of has to offer that's good rather than turn it -- turn against society as well. he makes the case for economic classroom. and does argue that the little platoon that we are a part of is as much a part of the economy that we're part of as a part of society that we're part of. a lot of people use that phrase to mean something very different. >> host: it's funny come in that discussion and will get back to this in the second, but one of the things that really came to my mind is -- i would love to read the british left take on this show because you have butlers and maids and house servants who are as fierce defenders of their station and of their class, and of not wanting to see the lower, classes lower than them treated as equals to them, and the idea of servants sitting with the upper crust horrifies the servant c

georger john paulson and soros got out. >> ring the bell. hello. this is a big call the kel out -- came out of citibank. you have to sell the euro. right now, the euro is 1.3591. .ou are going to go to europe >> indeed, i will be in. close in three weeks. lucky me. >> i tell you what. we are going to our lead right now. it is a big day for boeing. to be voting for a third time on a new contract that would enable production on the 777. that would begin next year in washington. if they say yes, they will get a bonus and a contract extension. , boeing willo likely move production to another state and washington will face a credit ratings downgrade. that is how big the stakes are. this is the third time union workers are coming together trying to vote on this thing. why is it so hard to get this done? >> when you talk about workers, a large percent are getting close to retirement. they don't want to make any changes. the younger workers see more jobs for the future. it is an intrigue union issue. -- interest-union issue. the airplane is going to get bu

do you agree with soros?e been rating waiting for moderate republicans as long as we have been waiting for moderate iranians. the establishment will take on the tea party -- i don't believe it will happen. >> so the majority is wrong? >> i think he is wrong. for the president get lucky? we saw the stock market improve, people are feeling like we are in a real recovery. he could see corporate america invest and expand. when people have jobs and money, they feel good. could the president lockout? -- lockout? out?uck >> sure, he could. people are being left behind, and we have to do something about that. if you do that when the economy is doing lousy, it looks like class warfare and it cannot succeed. tohink he has the setting talk about those issues. they are very serious issues and if you look at people like steven rattner, he used to be a top wall street executive, the evidence is conclusive. we will see the president can do it effectively. >> you say it will help with the have wins on foreign policy, like th

candidates the two thousand cycle and you know whether it's the koch brothers or whether it's george soros is the time to say that this doctor in the supreme court came up with that money is protected by the first amendment is a bunch of baloney no show me something with the codes have actually gotten some results for all this money that you don't like that because one thing to keep on spending all of that i mean if you want to get another thing that i think i think we can just print up on the biggest misconceptions about money and money in politics and money is speech you know we're not going to see immediate tit for tat quid pro quo i give you money you give me money i'll pass this legislation but you're going to see over time over time as political positions of major partnership to those as long as one party can take advantage of that court case and then at the same time. at the same time blast the other party because of misconceptions throughout the political community while they go to move on barack obama's promise that he was going to do that and he was going to offer legislation to

i saw george soros' photo once too. the man makes a good point, and i do try to do that. i'm not always successful at it. but the gentleman makes a good point, and, you know, i work at it as much as i can, we want to use terms that people can identify with. >> host: ashley on our facebook page posts this comment, who do you think was the best and worst presidents and why? >> guest: well, i have to go with some of the obvious. let me think, i happen to think washington was our greatest president. if washington wanted to be a dictator, washington would have been a dictator. and you look all over the world after these so-called democratic revolutions, you look at castro, you look at these other places, zimbabwe and so forth, that's what these men did, they became dictators. washington was not only a brilliant general who helped lead the revolution against all odds and win, he was a brilliant statesman. and while the framers were united in their desire for liberty and representative government, there were a lot of opinions on how to get there. and washington knew that he coul

george soros, sandler, peter lewis who recently passed away. money some thed continue at major donors today. they did not pick a particular fight inside their own party. he built it was the bill communications operations first. they were very aggressive. they have a core of very good bloggers. they are willing to take on folks inside their own party who they disagree with. they are feisty. they then focused on electing a president. they struck out the first time in 2004. a blueprint for governing also to the obama administration. luckily for them, john podesta ran the transition for barack obama so that helped. that helped get the stuff into the bloodstream and a whole bunch of staff went into very senior levels at the obama white house. that continues. john podesta is joining the white house today or yesterday. they have their own effective leader, miles, who is one of the leaders in democratic politics. he is brilliant and inspirational. he knows how to raise money. he knows how to run organizations. gloomy that. he found one of the size and

george soros, the billionaire, spoke to us. here's what he had to say.ually used to very well developed country. it is now being destroyed. effort to a big rebuild it. the important thing is to stop the bleeding. >> stop the bleeding. tom keene is in davos. we have been talking about finance and economics. is their focus on geopolitics there? >> there is. i am surprised how serious has been pushed to the back of the debate. the rouhani speeches were well received. you and i have reported on disasters by global leaders over the years. that has not happened this year. there's been a lot of good politics and debate. within the panels, there has been a fractious debate as well. a backdrop but it is to the idea of corporations trying to figure out how to move forward given the sluggish economy. >> we have talked about various countries in various states of distress. is there one that anybody is looking at that will affect the economy going forward? >> i do not know about the u.s. economy. there has been a dramatic shift in the last 12 hours toward argentina.

and we caught up with bono and the george soros. we'll hear from this em in a moment.to today's top stories. >>> microsoft posting better-than-expected earnings after the close. the results were helped by strong sales and software for services and businesses and a solid holiday season for its new xbox game console and surface tablet. also, a slightly lower tax bill helped out, too. no word from the company on its

george soros' firm at a time. that's an interesting development most significantly because of what it could mean that happens next. i read you a letter ramey sent out saying he was going to do some strategic m&a type stuff. the word on the street is eventually steerich will do an lbo or a giant buyback. the fact ramey is going to work with him makes this story more juicy than it has been. >> does it demonstrate the conviction both of these parties have in the herbalife story? >> i think there's no doubt about that. i think one of the reasons why the stock had moved up the way it had was in anticipation of what all of this could mean. you have the biggest bull on the street and you've got one of the biggest bulls with deep pockets behind herbalife. who knows what happens now. >> shares are up 8% at this hour. as we get more news obviously we'll talk to scott wapner about it. want to get back to the markets more broadly here which are cast being a little bit for direction. anthony, what is the next move do you think