. >> for the vineyards, the good news and bad news. the good news is recharges the water supply and we get nice soil. we get the topsoil from the valley. and the bad news is there is debris in there too, so every year it cost $10,000 to $15,000 to clear the debris. >> work crews typically repair the levies once a year after the rainy season ends. >>> so often the santa cruz mountains get the brunt of the winter storms. our storm watch team coverage continues with sergio on how some people spent part of their holiday preparing. >> drivers who were either on their way to the holiday dinner or leaving the day success festivities had to deal with the rain-soaked roads. the storms have left the hillsides saturated making them prone to rock and mud sheds. mudslides. they cordoned them off to make them safer. with today's line of rainstorms, some residents took a break from their usual christmas tradition to load up on sandbags in ben low man. mountain runoff is a problem and even more rain could mean trouble. >> the big concern why you are fi

. >> for the vineyards, the good news and bad news. the good news is recharges the water supply and we get nice soil. we get the topsoil from the valley. and the bad news is there is debris in there too, so every year it cost $10,000 to $15,000 to clear the debris. >> work crews typically repair the levies once a year after the rainy season ends. >>> so often the santa cruz mountains get the brunt of the winter storms. our storm watch team coverage continues with sergio on how some people spent part of their holiday preparing. >> drivers who were either on their way to the holiday dinner or leaving the day success festivities had to deal with the rain-soaked roads. the storms have left the hillsides saturated making them prone to rock and mud sheds. mudslides. they cordoned them off to make them safer. with today's line of rainstorms, some residents took a break from their usual christmas tradition to load up on sandbags in ben low man. mountain runoff is a problem and even more rain could mean trouble. >> the big concern why you are fi

. >> for the vineyards, the good news and bad news. good news is recharges the water supply and we get nice soil. we get the topsoil from the valley. and the bad news is there is debris in there too, so every year it cost $10,000 to $15,000 to clear the debris. >> work crews typically repair the levies once a year after the rainy season ends. >>> so often the santa cruz mountains get the brunt of the winter storms. our storm watch team coverage continues with sergio on how some people spent part of their holiday preparing. >> drivers who were either on their way to the holiday dinner or leaving the day success festivities had to deal with the rain-soaked roads. the storms have left the hillsides saturated making them prone to rock and mud sheds. mudslides. they cordoned them off to make them safer. with today's line of rainstorms, some residents took a break from their usual christmas tradition to load up on sandbags in ben low man. mountain runoff is a problem and even more rain could mean trouble. >> the big concern why you are fillin

that is the bad news. the good news -- people are going to the stores and they are buying. >> it has been great. we have an extra week this year of shopping. >> the mall manager says that so far this christmas season businesses looking good. >> this weekend is going to be a big weekend coming up. it is that extra weekend. all signs are it will be better than last year. >> store managers i talked with say with the week to go before christmas they are hopeful this will be one of their best shopping seasons peeping >> every day since the beginning of december we have seen more and more people in the mall and in our store. >> one more week to go until christmas. what are you expecting? >> hopefully tons and tons of people. >> well folks -- while folks hope that the bad weather will help their business -- >> so far. >> one week to go before christmas. >> and hopefully we will get a few snowflakes to sell the boots. you do need to sell the boots. >> sales are strong. compared to last year, what is it like for you

now the bad news. the bad news is nationwide bad news. in fiscal year 2011, so last year, there was an unimaginably bad wait time for veterans who were coming home and putting in claims at the v.a. for a disability. so if you are hurt or injure order have an ongoing health consequence from your deployment, from your time in the service, you come home, you get out of the military, and then it is time for us, the people of the united states of america to make good on our promise to you that you'll get health care and that you and your family will be taken care of in terms of your service-connected disability. it is quite literally the least that we can do. and we promise to do it. so last may the wait time for those veterans once they filed, the wait time to hear anything back from the v.a. was just horrendous. people on average last year were waiting almost six months to hear anything back. last year six-month wait times. this year it's not six months anymore. this year it's now nearly nine months. the average amount of time veterans have t

i am max keiser welcome to the kaiser report first a good news three bankers have been arrested in connection with rigging live or now the bad news is the arrests were made by the serious fraud office so down hold your breath for a successful prosecution and now the really bad news over at the new york times a headline rates h.s.b.c. to pay one point two billion dollars fine to settle charges over a laundering the first sentence of to start a call proceed to tell you all you need to know whether global financial and economic systems quote state and federal authorities decided against indicting h.s.b.c. in a money laundering case over concerns that criminal charges could jeopardize one of the world's largest banks and ultimately destabilize the global financial system too big to fail too big to jail stacey. we've been warning about this for years now and it's happened they say openly in the first paragraph of the new york times article that they didn't want to destabilize the global financial system so they got away with their crime there's no money just to see this morning they gave me this package of cocaine i opened an acc

new york. neil: wheeling and dealing, ad despite the shouting back and forth, that says a fiscal cliff deal is coming. that's the good news. now, the bad news. it won't remotely tackle spending of the it is not what they are saying. it is what big spenders are promoting in a youtube video that's gone viral. i want you to ignore everything that you've been hearing out of washington today because i think at the end, it means nothing. focus on this video because i think it's going to tell you everything. take a look. >> to begin the benefit finder, first answer all of the nine simple core questions that are essential to narrowing you results. you will find a program description, general requirements, and your next steps on how nd where you can apply. receiving the latest benefit information has never been easier. we hope this tutorial helped you on your path to government benefits. neil: that's a youtube video on how you can log in to see how much the government can help you out. it's a menu for moreegovernment. benefits ala carte. after all, you're not paying for them. someone else is. now, we've given sheen to what amounts for governmen

the bad news it's rainy windy mess. joce sterman has more. >> reporter: that white christmas looks so beautiful. this, not so much. this is really ugly. as you're heading out to go back home, it will make for some messy travel. we were out on the roads earlier, and things were clear on the back roads. now with the rain all of that is rain -- is adding up to rain. carroll county in westminster, they got the biggest hit as a result of this storm. meteorologist mike masco said at 8:00 they got a burst of snow. they got are couple inches on the ground and it turned to sleet. we're seeing this messy wet rain that's getting rid of the beautiful snow. so all of this creating a mess on the roadways. we have not heard of major accidents in the baltimore area, just a lot have people trying to take this slow, be cautious no major wrecks, but you want to be care f they don't think there's danger of a refreeze. they've switched with the sleet, changing over to straightup rain creating a mess that's not pretty. luckily for now not lo

i came back from washington and i got good news and bad news. the good news they want to rise above the bad news, the republicans want to rise above tax in cricreases and the democ want to rise above spending cuts. but this morning rally, the averages got pulled down when harry reid said there probably won't be a deal in time for christmas. the nasdaq climbing 1.8%. i hope this mini rally is happening because people have looked over the fiscal cliff and weren't terrified by what they saw. i hope they don't mind government intervention. because they are not going away. i hope that because what i heard in washington today were two sides even though i can tell them that a deal would be done and there would be no vacation without legislation, we'd be in much better shape. i have to tell you, the situation in washington is as discouraging. one after another i started with a too tack. i said let's go there. i said i totally agree the issue of spending not revenues. tell us what you have done to get spending done. did they give you the fellow traveler idea

here's the bad news: it starts in your mid-50s. der we lose the ability to determine who or what is untrustworthy. shelley taylor, the lead researcher says people basically as they age lose that gut feeling that, hey, something's wrong here. >> stephen: who who'd have thought that elderly fox news viewers would be more susceptible to misinformation. (cheers and applause) now, folks, my 50s are years and two years away. (laughter) but i want to protect myself against becoming gullible. fortunately a man on t.v. is selling me a miracle cure that will keep me young forever! it's called "andro gel and it's for treating something called low "t," a pharmaceutical company recognizing millions of men with low testosterone previously known as getting older. (laughter) this testosterone supplement was originally available in the near 1% concentration, or as i call it, man milk skim. (laughter) but last night when i was watching cnn's prime time lineup of ads for ensure and self-lubricating catheters -- (laughter) by the way, great way to deli

. >> the good news, the store was still there, the bad news, no cash refunds. >> they sold me a brokentoy. i would have preferred by cash back and exchange was the only option they gave me. >> indeed in the fine print, the receipt said no refunds. soat any holiday store, ask about the return policy, ask if you can get a refund and find out if it will still be there after christmas. >> there's nothing wrong with buying from item prayer store. but many of these holiday stores are run by out of town companies that close up shop on christmas eve never to be heard from again so be careful when you buy. . >> and now, maryland's most accurate forecast. >> those little helicopters seem like they would be fun. foggy night out there. tough tosee in parts of the area, no question. most of the state has been tough to see. we're stillat 100% humidity with almost no wind and now we have the rain coming down as well. it wastough to make out the city today at all. and look at the rain at the maryland science center. tough to see on the east side that's for sure. at the naval academy today, you talk ab

. >> the good news is they put something in writing. the bad news is it doesn't really get us in the moving -- moving forward. >> the republican plan failed the very first test of fairness. >> unfortunately, the speaker's proposal right now is still out of balance. (laughter) >> jon: "out of balance"? where's your hysterical rhetoric. where's your "i laughed in their (bleep)ing faces!" where is your "disappointed!" where is your "this proposal is an insult! this proposal will destroy america! this proposal is like stalin (bleep) ago bald eagle!" (laughter) i will guarantee you stalin was a harrier dude than that. guarantee it. (laughter) you know what? maybe it's time to stop the back-and-forth of offers. it's clear republicans aren't going to come to the table with anything remotely reasonable so i'll be the one to say it: i know it will be disastrous, i know it will doom our economy for years to come, but let's just go over the (bleep)ing cliff. fine. let's just go. just leave the negotiating table and send us over the cliff. because you know

the bad news, we are running out of time. in my latest calculation, we are 802 hours away from having a big problem i will send the economy into recession and put people out of work and we don't want to see that happen. so we encourage congress and the white house to put aside political rhetoric is still in this conversation and writes about it to make sure we have revenue necessary in order to get this economy forward and entitlement reform that helps make sure the nation is a safe and wonderful place to live. so with that, alternate back over to my. >> that is one of the thing certified about today, which is stability we could get in this country by knowing what's around the corner instead of facing a cliff, facing certainty by putting in place a bet deal would really be one of the key ingredients to unleash potential allowing small business leaders can they businesses to invest more in importantly create jobs again become one of the keys in getting the back on track. i would like to ask stella adams to come up to the podium

i'm all for it. >> the good news is they're in the playoffs. the bad news, they're playing one of the most dangerous teams in the nfl. the seahawks very much like the 'skins. a sensational rookie quarterback in russell wilson. an outstanding running back in marshawn lynch and a defense that is one of the best in pro football. going to be a heck of a game come sunday. from fedex field, dan hellie, news 4 sports. >>> so the 'skins have plenty of time to worry about next week's game. for now, they're still giddy over last night's win. >> 14 years, one guy rg3. making a huge difference. awesome for the city. so excited. d.c. is alive. a great time right here. >> it's time. we know we're going do it. we got a quarterback, we got a team, baby. we are in the playoffs, baby. redskins, baby! . we are in the playoffs, yeah baby! >> half the time you can't understand what they were sayingment you can feel the excitement. more than 82,000 fans packed fedex field for last night's game. that was the largest home crowd of the season. >>> the countdown is on. we are l

the bad news is how many more relevance and defects there are? toyota in the last three years has recalled over 10 million vehicles. >> this settlement does not resolve claims by people who want money for injury or death linked to the problems. >>> a group of bay area women received a priceless gift. it all started with a discovery in a thrift store. >> these five cards must have somehow gotten mixed in. >> reporter: she was at a thrift store in hayward when she found five cards sealed shot with addresses but no stamps, tucked away on a lower backshelf. >> the handwriting was scribbly. >> reporter: she put stamps on them with a little note attached, explain who she was and where she found the letters. as it turns out, this card that pam put a stamp on made its way to this home in alameda. this card was supposed to have been sent 5 years ago. >> and i open it, up, and i saw sue bunker's name. and i thought a card from an angel! >> reporter: sue passed away two years ago from cancer. and these three women were her closest friends. all three receivin

the bad news, as he gets older, the gray matter goes down. i did this quick analysis on my computer. all of these areas i am showing you in blue, this is the bottom of the brain. i did not slice up my own brain to do this. all of these areas in blue are going down as you get older. that is aging. you are seeing the gray matter changes over time as you age. it also turns out that gray matter is highly correlated with iq. depending on the type of -- how we measure iq, we find a nice relationship between iq and gray matter. i am showing you these beautiful color images and now i can show you these maps. it turns out that i do not need to test you for iq. i particular brain and it will tell you what your iq is. we will be able to tell you what your actual to iq is. isn't that neat? that is what neuroscience is likely to do in the near future. anyone know that is? exactly. hinckley was a 26-year-old male who tried to assassinate president reagan. he tried to gain the affection of jodie foster. he pled insanity and images were used for the very fir

the power grid. the new target is a mobile devi.s bad guys can tap into your bank accounts. >> it reaches to anotherce infected imagine if you end up doing a transaction so you're giving money your money away. >> mcafee forecasting 2013 will be a big increase for attacks. some will be crossovers from pcs. >> everything gets incrypted. there is an e mail tells you you can get that data uneven crypted. we've begun to see that. target smart phones and transfer videos and photos. a virus can be trancered to. >> we know that that is coming. it's just a question of time. in 2013 we think we'll be seeing that. >> consider using antivirus software. banks and wireless carriers are also on the alert trying to filter malwear before it reaches devices. targets often are highly visible but more, the bad guys going after the little device that you, and i, carry. in san jose, abc 7 news. >> you can see blue skies behind david but that is going to change. >> when? that is the question. >> yes. >> good question and early as tomorrow, so... tonight extra blanket on beds. goitsing to get cold. look at this, come on, g

we're a pawn in this game of real estate prices and people wanting to think of oakland as only the bad news they see about shootings. >> five shootings in oakland on saturday that left one person dead does nothing for oakland's identity as a destination. real estate protectors like daniel winkler says the name change represents the revitalization of the area. new restaurants, easy access to transportation and old, sturdy homes attract new families. winkler likes the name and is sell this home for $849,000. a block from the oakland border. >> didn't think of it as a name change. the creation of a district, or getting an identity. >> the area has been known as the golden gate district, or just north oakland to residents. kelly is a partner in the james and giant cupcake shop in oakland. >> i don't really think it needs to change. the neighborhood can grow and the name can stay the same. reporter: now, some residents plan to fight the name change to nobe. there's no telling if it will camp on like soma did for south of market in san francisco. abc-7 news. >> ama: proposed legislation that coul

it's not selling off with all the bad news, all the bickering, all the bad words on each side. you've got to love the way that this market is holding up here. doesn't mean investors need to be carefree, but overall, it looks like the market is setting up with a lot of negative sentiment out there. looks like there's a lot of opportunity for a big run higher once we get some form of resolution. i really believe we're going to get it. >> you think by year end? >> i really do. i think they want to go home for christmas. they're not going to want to not go home for christmas. you can always count on politicians to do the right thing when all other options have been exploited. they're going to finally get there because they have to. they're not going to solve 100% of it right away. >> jump in, abbigail. >> i think it's too early to be bearish or bullish, for that matter. i think that if we look back to last year, the debt ceiling crisis, technically the trading of last year was very similar to this year. wide sideways volatile range. if you recall, that was resolved at the last minu

, we have identified 198 centimetres, that's about two metres height in yawata prefecture, and the bad news is it's going to be continuing. about 18 centimetres will be found in the next 24 hours. about 50 centimetres will be piling up as well. in kyoto, about 126 kilometres per hour is expected and the waves will pick up about 6 metres high on the coastal region. then the pacific side will be remaining very dry, so watch out for that very dry air. high pressure will be dominating the crane peninsula and much of that china, and it's going to be very cold. frigid arctic air will be pulling in, dropping those temperatures down, but on the other side of the world in the tropics, we do have a late season tropical depression that formed over east mindanel, possibly making landfall in either of those land masses. and it will be intensifying over the warm water into a tropical storm status in the next 24 hours. heavy rain will be targeting southern phillipines in the next 24. that could raise risk of flash flooding and landslides. manila 30 degrees. you can see why that system will be intensifying

the stock exchange. jeff: when is bad news good news? nowstorm and the good news is it is putting an end to a drought and the moisture problem in the midwest. take a look at the wheat, corn, soybean boards are all down, it is bearish because if you get moisture maybe you don't get a drought. that had been overhanging this market for a long time. look at the pictures. you think it is no big deal to have snow in the midwest. i better shut up. cheryl: we want to go to capitol hill, harry reid is holding a news conference on the cliff. >> political stunts is what they have been. it is obvious the speaker, working with his republican team, can't get enough votes to get it to pass much of anything. that is why they worked all day yesterday and started the day before to get to the rules committee to get out. i understand the rules committee is a tool of the speaker. i don't mean that in a negative sense. if he has trouble in the rules committee, he has real problems. he has real problems. let me be absolutely clear. john boehner's plans are nons

that is the good news. the bad news i don't think we'll have meaningful deficit reduction and this is going to keep dragging on and on. >> you advocate for raising the capital gains tax which could make main street owe a lot more money than it does now. that is being discussed as part of a fiscal cliff deal but money believe that will hurt the economy and giving a disincentive to invest money. is that just focused on the real wealthy? >> i hear that argument a lot. number one, i'm really tired of our tax policy decisions and everything being made by what the market is going to do in the next quarter. look, this is an aberration and the tax code and grossly unfair. you look at say they raise tax rates, the top tax rate to 39.6% for those making more than $500,000, that's going to mean a lot of small businesses are going to pay that nearly 40% marginal tax rate where you have billionaire private equity funds paying 15, 20 or even 24 depending on where they put it. not an issue of penalizing investment income but pena

the bad news is, how many more defects are there? how many more recalls are there going to be? ter all, toyota, in the last three years, has recalled over 10 million vehicles. >> now, this settlement does not resolve claims by people who want money for injury or death linked to the acceleration problem. >>> well, for the cost of a postage stamp, a group of bay area women received a priceless gift. juliette goodrich explains how it all started with a discovery in a thrift store. >> these five cards must have somehow gotten mixed in >> reporter: she found five cards, but no stamps. >> the handwriting was somewhat scribbly. i want sure if it might be an elderly person. >> reporter: so she put stamps on them with a little note attached, explaining who she was and where she found the letters. so as it turns out, this card that pam put a stamp on made its way to a home in alameda. only this card was supposed to have been sent five years ago, to mary ann kate. >> and i hope it up and i saw sue bunkers name, and right away, i thought, a card from an angel! >> reporter: you see, sue bunk

and what we also have going on on the northern side of this system is a lot of heavy snow. it's good news and bad news. the good news is white christmas like little rock and southern parts of st. louis. the bad news is this storm moves into the ohio valley, great lakes, and interior northeast on wednesday. some places are seeing over a foot of snow, and that's going to cause major travel problems as we head on into wednesday probably and thursday morning as well. jeff? >> thank you very much. >>> the debate over gun control continues after the national rifle association took questions for the first time since newtown. america's largest gun rights group says we don't need new laws. chip reid is in washington with that story. good morning. >> good morning, jeff. the national rifle association was silent in the days following the tragedy in newtown. now it's speaking out and reigniting an explosive debate over gun control. the nra says it will not budge from its long-time opposition to gun control, insisting that the only thing that will stop school shootings is armed guards. >> if it's crazy to cal

the state of alabama christmas day. this is moving offshore. positive news that line of severe weather is moving along. the bad news is the nor esther now form something going to move from the delmarva area south and east of new england. that is going to be spreading snow and heavy rain. heavy snows. strong wind out of the east gusting at times up to 60 miles per hour that could cause flooding along the coast. they do have coastal flood warnings. flood warnings recovering from sandy. northeast into the new england could exceed 1 foot to as much as a foot and a half in some places. still some snow in the intermountain west, too as you go toward colorado and utah and extending to nevada and showers out along the west coast. by far and large the big storm is going out across the northeastern part of the country. tomorrow, another wave of cold moving into the northern plains, 18 to 21 degrees temperatures from billings to minneapolis and we are going to be talking about temperatures even chilling down to the 40s in atlanta tomorrow. generally 50s, 40s and some 50-degree temperatures along the eastern seaboard. tha

the comics on a roll. >> we have good news and we have bad news! first, the bad news, it is just tweet days until the fiscal cliff deadline. the good news, only 17 days the mayans say we're all going to die so who cares about the fiscal cliff! exactly. >> we would like to announce we have reached an agreement to avoid a fiscal cliff. in order to get the support of the speaker, i agree there will be no tax increases. i repeat, zero tax increases. now, why would i do that? i mean, i won the election. ( laughter ) i have the leverage. why give in? well, simply put-- i felt sorry for this man. >> is there a prospect for a deal? >> there's not a prospect for a deal. >> of course! it. >> the ongoing talks. >> there aren't even very many talks going on. ( laughter ) >> you're kidding us! give us something! >> but for the first time, there are numbers on pieces of paper from both sides. >> numbers on paper! ( cheers and applause ) ( laughter ) >> schieffer: that is our "face the nation" flashback. one note to major garrett. major, i was here 10 years before

>> reporter: well, the bad news is, if you view this as bad news, more of the same. because even if they get this temporary deal on taxes, temporarily buy down the automatic spending cuts, what they have set up is a series of mini fiscal cliffs, if you will, kate. so every three to six weeks, over the next six months, we could be going through nights like this where we're up against the clock and congress has to act and the president -- they have to figure out how to compromise or watch automatic headaches kick in. >> chuck todd is going -- it's going to be a long night. thanks for being with us on wall street today, this final trading day of the year. investors were hopeful of a deal would be work out by the time the closing bell rang at 4:00. stocks soared to their highest point today. the dow finished 166 points up, the nasdaq 59 points and the s&p 500 was up almost 2400 points on the day. for the year, the dow finished with a 7% gain. the nasdaq was up almost 16% this year and the s&p 500 gained more than 13%, a very strong year for stocks. so let's bring in cnbc

pawn right now in this game of real estate prices and people wanting to think of oakland as only the bad news they see at shootings. >> five shootings in oakland on saturday that left one person dead does nothing for oakland's identity as a destination. real estate brokers say the name change just reflects the revitalization of this area of the city. new restaurants, easy access to transportation, and old homes are attracting new families. scott and laura moved from san francisco. >> reasonable shopping around. good stuff. lots of kids in the neighborhood. lots of people walking their dogs. so, this fits nice. reporter: nice or not, laurel admits she does not venture out at night. winkler likes the name nob expe is selling this home for $849,000. >> didn't think of it as name change, sort of as a creation of a district or a -- getting anite. reporter: the area has been known as the golden gate district, or just north oakland, to residents for years. kelly is a partner in the cupsake shop in oakland. >> i don't really think it needs to change. the neighborhood can grow and the name can stay th

man, the bad news keeps coming out of citi. >> it is staggering. i thought for the benefit of this conversation i'd just have a look at the population of some u.s. cities and towns and in flint, michigan, they come in at over 100,000 here. and west palm beach, florida, just over 100,000. and that's basically less than citigroup have laid off since the financial crisis. 96,500 jobs gone at various units across the business, up to to 2011. and now they're adding on top of that another 11,000 across various businesses here. just try to save the company about $1 billion. that is just quite remarkable when you put it up against the size of flint, michigan. moving you all, i want to talk about apple here. shocking day in the market for them yesterday. the worst decline in four years for this stock. they are now officially once again in bad territory with a 23% decline from the all time high on the share price. the market getting a little nervous about competition particularly in the china market. is it possible that nokia may have a crowd pleaser in the f