professor stiglitz joins me. thank you for your time. quite nice to be here.told my print colleagues that those blocking -- >> nice to be here. >> you told my print colleagues that those blocking her nomination were -- your nomination work working for industry. do you think that is all there is to this? >> i would hope that when you join the commission, you would hope to get the best expertise that you could, knowing the point of having a commission is that there will be disagreement. people do have differences of view. but by having the best people you can try to reach common ground to try to understand what the arguments are for both sides, the best arguments and try to come up with solutions to what are clearly some general concerns. i find it difficult to understand why they would not want someone like me to be part of the discussion. unless they were afraid that they wanted to shape it in ways that were pro-industry rather than a more balanced discussion. >> professor, speaking of the balance discussion, what in your opinion are the major issues facing th

joe stiglitz joins us on set. >>> and there is a blizzard coming in the northeast.light cancellations and preparation for closures. the second hour of "squawk box" begins right now. >>> live from the beating heart of business, new york city, this is "squawk box." >>> welcome back to "squawk box" here on cnbc first in business worldwide. i'm joe kernen along with becky quick and andrew ross sorkin. our top story this morning, this big blizzard the northeast is bracing for. could be historic. they've screwed up before but this looks like it's really going to happen. remember the time they didn't know it was going to happen and it did and bloomberg got flack for not having things ready. >> i think we'll be ready this time. >> i hope it's 12 inches. i don't want 30 inches. >> i saw 36 at one point yesterday. i think we've stepped back from that a little bit. but two feet. >> remember when poor buffalo had six feet and people were stuck in their houses for a week. >> that was last year. >> just a couple months ago. that's what i don't want to happen. we are expecting som

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and nobel laureate joseph stiglitz was poised to handle advising the securities and exchange to mission facing u.s. equities markets but that nomination has reportedly been blocked. i will ask him about that when he joins me next hour. you then. back to you in san francisco. >> he was also a big spook goalie fan -- spiccoli fan. >> i did not know that. >> i made that up. ok, when we come back --the self driving car race. that is next on "bloomberg west ." ♪ >> on cory johnson. this is "bloomberg west." there are more automakers than ever before the consumer electronic show, proving their cars are more connected than ever. now they are developing new kinds of vehicles that you do not have to drive. one of the brands making a splash at the conference -- brad stone is standing by with more. brad? >> hi cory. i am here with the ceo of daimler. dr. z, what is this? is this a glance of the future or technology to come? >> it is totally realistic. it is fully autonomous. it gives you space and room. you are sitting in there. you can sleep. you can work. you can have videoconferencing. all of t

bloomberg news has learned that joseph stiglitz has been blocked from a panel on issues affecting equity markets. he is the nobel laureate who called for a tax on high frequency trading. the sec chair sought to complete the panel with less participants. iran devastated by sanctions, a week in currency, and inflation. now the rainy and president says his economy cannot grow if it remains -- now the rainy and -- the iranian president says his economy cannot grow with it remains isolated. he spoke in tehran. >> the time when we used to say that foreign investors in danger our independence have become ir an's past. it is the opposite today. >> potential jurors stared intently at dhzokhar tsarnaev as jury selection began. over the next three days about 1200 people will be called to federal court in boston to be considered as potential jurors. the courthouse is undertake security -- under tight security with dozens of police officers inside and outside the building. that is a look at our top stories on this monday. sales rose almost across the board in december. buyers were undeterred by recor

the folks who are i think thomas in his work come the really points out, it's joseph stiglitz who points out that at the very very top of the income globally, you have stronger and stronger and stronger imperatives to prevent a reduction in the inequality. so it's a spiral going in exactly the wrong way which then makes all of us nonprofits weaker and weaker and less resources and less resources. but at the state level we are absolute getting kicked in the teeth for women at the state level, we don't have the infrastructure at the state level to stop it. we are building. we are rebuilding. the unions have figured out that they need to work with all of the allies at the state level and so but you know but we are absolutely far from where we need to be. yes. >> in virginia, governor wallace has just passed -- [inaudible] one of our goals is to raise the visibility of these issues. and we are preoccupied with messaging some wondering if you could throw out old bit of the scope you didn't talk about and share your thoughts on the most persuasive narratives about the economics and economic ac

ourselves into penury in terms of deficits and the $3 trillion over the next 30 years that joseph stiglitz, a nobel prize laureate, said the iraq war is going to cost us? not just the immediate war and all that, but all the follow-ups of the veterans and so on. bill gates sr. and the famous trial lawyer in texas, joe jamail, could easily fund reopening our courts so ordinary people can use them, so ordinary people who are wrongfully injured can have their day in court and not be blocked by what is maliciously called tort reform by taking people's age-old rights of having a trial by jury away from them. they could open up the courts to poor people. because bill gates sr. has made that one of his missions in life. he's a corporate lawyer, but he made opening up access to justice one of his missions in life. warren buffett, he's worth now $52 billion. for $1.25 billion, i can show warren buffett in 3 years maximum how to completely transform the tax system so it is an efficient, fair source of revenue without inequities that exist today and the perverse incentives that distort investment into

joseph stiglitz has told bloomberg turkey is facing a tough year.e says turkey might have benefited from lower crude prices but trading partners have suffered. >> turkey is going to be facing some big challenges in 2015. it's meeting -- its major trading partners, europe, the middle east, russia are all facing severe problems. while turkey benefited from the low oil prices, two of its major trading partners, those in the middle east and russia had been badly hit. europe remains mired in stagnation. >> the conference is ending its -- entering its second day. some are offering unique advice. turn off your phone. is hans nichols going to listen to that advice? is the concern technology is making us dumber? >> it's making us less wise according to arianna huffington. the ceo is attending the event without his mobile phone just to detox himself. what arianna huffington talk to me about yesterday in an interview, she said it was important to unplug. >> we are going to be unplugging and re-plugging. it's not like we are going to become luddites but we are

the folks who are, think thomas apache and his work really points out joseph stiglitz who points out at the very top of the income globally you have stronger and stronger imperatives to prevent a reduction in that inequality. so it's a spiral going in exactly the runway which wrong way which makes all of its profits with less resources. at the state level we are absolutely getting kicked in the teeth for women at the state level and they don't have infrastructure at the state level to stop it. we are building. the unions have figured out that they need to work with all of their allies at the state level. but we are absolutely far from where we need to be. >> in virginia governor wallace just passed the health care initiative. one of her goals is to reach the visibility of the issues. i'm wondering if you could share your thoughts on the narratives about the economic -- of reproductive health care. >> sure and i can give you more resources too. here are the basics. one in three women will have an abortion by the age of 45. one in three of us. it is a common and necessary aspect of wom