i'm howard, vice president for policy research at the manhattan institute. thanks so much for joining us. the question of of whether and how government, particularly the federal government, directs tax dollars to specific industries was a discussion in last night's presidential debate, and can it's become an important and ongoing theme in the current presidential campaign. the terms on which washington assisted the finance and auto industries have also been the focus of intense debate, but probably the most contentious example of all is the one on which diana furchtgott-roth, manhattan institute's senior fellow and our speaker this afternoon, focuses in her timely and important new book "regulating to disaster: how green jobs policies are damaging america's economy." in it she subjects the assumptionings and policies which led to such ill-fated federal investments as that of the now-bankrupt solyndra solar panel manufacturer as well as the a123 battery manufacturer to a withering analysis which we at the institute have come to expect from this oxford-trained

department announces $160 million plan to build more wind farms was bring in a senior fellow from the manhattannstitute it is almost laughable britain said the offshore wind farm not produce as much as three thought. it is not even a good idea we still spend money. >> it is agreed example to show the wind industry is the most favored in america wis subsidies and mandates hang getting subsidies under the national wildlife flawed no bearing more money at the offshore sector that would give expensive. tracy: the floating when the bill is out on the water somewhere slowly bringing power back? >> the important thing to realize what is the cost of electricity that may be generated offshore? look at the data it is clear. the cost of offshore wind is 2.5 times from the onshore wind turbine and five times as natural-gas. it will be extremely expensive if it is built. tracy: more money and not as much energy as we thought. what is the rationale? [laughter] part of the obama administration push all of the above strategy does not matter if it works. we should have a diverse portfolio for those that are via

. >> it wasn't until a trip to the emergency room at the manhattan's veteran's hospital that she finally found the help that she needed. though the overwhelming majority are men, this room is exclusively for female veterans, 20% who say they have experienced sexual trauma. >> the government acknowledges the problem is even more widespread because so many women are afraid to report attacks especially while in active service. >> i felt very uncomfortable seeking any active duty for fear of retribution. i didn't want to get into it while i was there. >> once i bring it out in the open, they say to me i'm so appreciative that you mentioned this. nobody's ever asked me before. when i offer them counseling they jump at the chance. >> women in the military are just as likely as men to suffer from post traumatic stress disorder. the source of their disorder is more likely to be sexual trauma than combat >> the government's veteran affairs department insistss the adapting to better serve women. >> the v.a. has massive programs now make sure that there are women health programs in the hospital. ea

today i'm coming to you from the manhattan soho neighborhood. with over 3,000 square feet, this home boasts beautiful columns and wood ceilings. now we're taking you on the set of "30 rock" in celebration of its final season. i'm joined by set director jennifer greenwood and a special guest for an all access behind the scenes tour. today i am on the set of "30 rock." i'm here with jennifer greenwood set director and tina fey. we are in jack's home right now. what kind of person would live in jack's space? >> well, he's very upper east side. >> so i'm noticing there are a lot of horses and a lot of busts. >> well, jack does believe there are only a few things that are acceptable to be the subject of art. horses, ships with sails, and men with swords standing on cliffs. >> the easiest way to create a feeling for a room is paint color. what have you chosen for his room here? >> well, it's a very rich blue. it's almost like his own little world. that's an easy way to change the tone of a room. >> okay. so how about we go to liz's apartment? >> perfec

we brought together right and left, the manhattan institute, a right-leaning think-tank and said let'sp people out of prison instead of a 65% recidivism rate. you have the largest prison population in the globe. >> jon: isn't the reverse theory if they know they are alone and helpless, then they will build their own homes and food. [laughter] >> honestly, as much as we like to joke, to me i think we can pull our country right and left together on these issues. we've created a pilot... >> it doesn't strike me. i never understood why it's a contentious issue. maybe the contentious issue is what the balance will be, but the idea that people who are down on their luck or suffering wouldn't have a social safety net that we all contribute to... >> but it's more than a social safety net. it's more than a social safety net. i challenge that metaphor. if you empower somebody to succeed and that child becomes a biologist, an entrepreneur, it grows our economy. we all benefit. we've saved the state of new jersey one small re-entry program for guys that people turned and their back on, a prom that

the historic storm surge. flooding reached over 2 feet in lower manhattan. the storm surge reached and blasted through our passengers stations. add the path tunnels, which are ancient by today's mass transit standards. the path network is dense and closely contained with complex tunnels interlocking underneath the hudson. these tunnels contain rack up on rack of critical and decades- old signals, switches, and communications equipment that was damage with a roasted seawater during sandy. these waters damage the signals, switching communications, and other equipment lining the tracks. our stations experienced tsunami like conditions. one of our busiest tunnels in our system was inundated after floodwater crushed the enclosed allocator -- elevator shaft. it sent millions of tons of water pouring into the station. every wire circuit and glass infrastructure that existed below ground was damage, destroyed, or left in need of repair. many of the parts that sandy destroyed are no longer manufactured due to their age. it is like trying to find replacement parts for

they become digital-only in the the final cover is an old photo of the manhattan office building of "newsweek." >>> and fantasy beats gritty realism. "the hobbit" was first for the second straight weekend. the movie took in $37 million, more than double any other movie. the tom cruise action thriller, "jack reemp" was second. and the come by, "this is 40" opened in third. >>> when we come back, stunning words from mitt romney's son about whether his dad ever really wanted to be president. >>> also, throwing it all way. a misplaced pass leads to playoff hopes dashed. stay with us. like a lot of things, trying to find a better job can be frustrating. so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum, so that when you find the job you want you'll be a perfect fit. let's get to work. daisy is 100% pure with nothing else added. meals are simply better with a dollop of

she's in the manhattan mall here in midtown, new york city. how busy has it been today there? it's building. it is building as the -- every hour goes on, everything gets a little more crowded. the stores are full, but so are people's hands with bags when they walk out of here. today of course is a day where people are coming in, they have that list, they need to get things done nap's because time is running out. not your typical sunday stroll at the mall today nap's because many are getting an early start because they got a late start to the shopping season. with just two days left to go before christmas, the mad dash is on for holiday shoppers. >> got three boys and wife to finish shopping for, and nine in-laws coming. so it's going to be tense, you know, last couple of days, i'm sure. >> reporter: a mysterious mix of shoppers wrapping up or done. >> i'm not a last-minute shopper at all. i probably have been ready since before thanksgiving. >> reporter: and others -- >> i haven't started yet. >>. >> reporter: -- who are just beginning. >> i'm very last minute. my wife does al

you asked about the manhattan project. ere are three cases where the species has come together to solve big problems. one is apollo, buzz aldrin's been on the kmoon. the second was the sharing of small pox. third was the creation of the atom bomb, created by the united states and andy the war perhaps six bonds earlier than the allied powers had feared and saving by some accounts at the time may be the lives of half a million people, both american and japanese. what all three of those examples have in common are some things i have been talking about. there was public support of a political action in the case of the manhattan project to win the war by any means as quickly as could be done. there was a large institutional support. the greatest scientist from all over the world were recruited to come to the states and work to solve a difficult set of problems. we understood the nation of -- the nature of the problem. the idea it was possible to split an atom and released huge amounts of power was widely understood. there was a

we're not going to frack near the manhattan aquifer it's too dangerous, we'll frack elsewhere, near othert is too dangerous for the population of manhattan therefore, it should be too dangerous for all population. just because there's only a thousand people in a town doesn't mean they're expendable and their health should be expendable. that's the flaw in the argument he's making and sadly the best argument he's made. there's no other argument for doing it "safely" other than trying to keep it away from the people who matter, apparently the big city people. >> cenk: that's interesting. we found if you're shooting up walls in the center of the middle of the country that's ok but in newtown where one of the major financial companies that owned the rifle company then all of a sudden, they got to sell off the company and it's not ok. it's an interesting point that you're making. now when you go to governor cuomo, look, nationwide, it's really hard to stop this, you know the energy companies. they've bought off so many politicians. new york is supposed to be a liberal state solidly blue. do yo

million in airport fees, this doesn't even add up. >> the problem is the tolls in pairs in the tunnels to get into manhattanthat would be fine if people were paying for better commute. a better tunnel and an upade. but they are really paying for alof the debt. this was supposed to cost a little bit more than a billion dollars. it's going to cost $4 billion. you have a quadrupling accost red the cot is over a billion, not close to 4 billion. you see these massive costs. gerri: the payoff for consumers is not that great. there is no extra capacity. here's my question. we have a brand-new office building downtown, can anyone afford a? >> one of the biggest tenants are going to be government agencies. they have a guarantee that they would fill up with government agencies. that way it wouldn't fit in be. part of it is the way the port authority port authority runs itself. another point debacle makes in another report about the price that police officers are paid. they earn more than new york city police officers. %-city police oficers that are the highest-paid in the region. they are just kind of squandering the

the manhattan institute works with us with the balance sheet analysis for every $1 spent on staff it is a multiplier effect. about $1.70 of job creation and also with programs for kids. it produces an economic results so things will change. campaigning for president obama in seattle with it amazing support organization there that shows 23 homeless people looked at medical expenses the year before and the year after. 23 people they saved $1 million of medical expenses because it is far more expensive especially with mental health to leave them on the street this is what the study did not do but it by a that one man who was teaching people about cooking. we have babe backwards way to think that if you are a republican it should be biggest cause it is wasteful government propelled. >> we will make you late so i will off per one thought and give you the last word. would reverse meant i remember saying i like your tie. you took it off and give it to me. i think you offer that your country. you offer your light to those signed letter but those all across the country inspired buy you and th

and it steves group, the manhattan institute, has an extra very worth pointing at the differences, butou're right. taxpayers a beginning to realize this monopoly power that unions have over government which is the new frontier for them what the final frontier is really causing a rift between the rank-and-file workers in the ivate sector who have to pay these taxes for increased government and the rank-and-file workers in the public sector that are enjoying these benefits. it can't go on, and that was the battle in wisconsin, part of the baatle in michigan. lou: you cited a 2010 study in which you talk about the population growth of the right to work states. we are watching union states, usually high tax states. we are watching and the migration from those states. >> quite exraordinary. about 28 percent of the population lives in right to work states. by 2008 it was a 40%. it's now 3%, and it michigan becomes right to work, that mean 46 percent of the population. if you had population growth in places like texas and florida in coming years we could be at 50% or higher, meaning more than

the manhattan project was the war of all wars.nst right now if it's not a war against capitalism. if i am developing battery technology not only is the government my competition, but they get the right as well. this is absolutely insane. and 100 million, i'm predicting it already. a lot of money for taxpayers. in the grand scheme of things revolutionize the sort of technology is collecting billions. it's a payoff to the sky of people. stuart: to gile and then. you know you have a i'm going to call fiscal cliff fatigue. and then to address that issue. with the deal that involves raising tax rates president obama is ready over the cliff. joining as well, congresswoman martian blackwell. if given a choice would you take no deal of fall and over the cliff or you take a deal that includes higher tax rates on the rich? >> to raise tax rates on anybody is the wrong step. what we have said for a long time is cut the spending. look at revenue. stuart: i have today on this. would you absolutely positively say no, i will not vote for raising

let me show you a small clip from the movie. >> on the upper east side of manhattan is the wealthiestity. but this street is about more than money. it's about political power. the rich here have not just used their money to buy fancy cars, private jets, mansions. they've also used it to rig the game in their favor. over the last 30 years they've enjoyed unprecedented prosperity from the system that they increasingly control. >> cenk: now, that's the part that i really want to talk about. lucky for me i have alex the award-winning director of this movie. hishe has made a string of other movies, and now alex, talk to me about this movie. first of all what was the inspiration for it, why did you choose to do this movie at this time? >> well, you know, i was approached by a group of international broadcasters who were putting together a series on poverty called "why poverty." they asked me to do one about the united states. i said actually i think i would prefer to do one on wealth and how wealth creates poverty. that's what i did. i was looking for a way to frame it, and i came up on a b

norman joseph woodland worked on the manhattan project the u.s. bomb development team. he later dropped out oof graduate school to develop the bar code. later 67-cent package of wriggly's chewing game was the first to sell with the pbc. 5 billion products are scanned and traced and tracked worldwide every day. norman joseph woodland dead today at 91. ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. witmeet the 5-passengeron iford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to

plus, possible break in case of the manhattan murder. ys after somebody carried out apparent execution on the sidewalk. police found a very important clue miles from the scene. it could help them track down the killer. they need some help. so we'll show you with the help of journalists on fox news with this wednesday "fox report." our new maine stays! 15entrees under $15, seafood, chicken and more! oothe tilapiawith roastedegetab! i'm actually looking at the wo grilled chicken with portobello wine sauce. at pork chop was great! no more fast food friday's! we're going to go to red lobster. yep. [ male announcer ] come try our new menu and sea food differently and introducing 7 lunch choices for just $7.99. salad, sandwiches, and more. military families face, we understan at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles.

they say they will reopen the outpatient clinic, at least at the manhattan v.a. hospital in march. there is no word yet on when the in-patient facility will be open. but you know what? for a place that we didn't know was ever going to reopen ever, this is not a bad start. so that is the unexpectedly good news. 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 f

demonstrators started on the manhattan and brooklyn sides meeting in the middle.hey read the names of the 26 victims of the massacre. >>> coming up later, the story of a special fourth grader who knows the true meaning of christmas even though she doesn't celebrate the holiday. >> what to expect if you are one of those last minute holiday travelers. travelers.  how do you always have my favorite coffee? girl: well, inside the brewer, there's a giant staircase, and the room is filled with all these different kinds of coffee. actually, i just press this button. brew what you love, simply. keurig. >>> people who waited until the last minute to head home for the holidays got stuck in this in nevada. snow showers hit reno and carson city making a difficult holiday commute more challenging. the storm closed a major highway between nevada and california. more snow is expected to pass through the area today. >> that is near the skiing in lake tahoe. they are used to getting snow there. >> stuck in a car, in the commute. >> i was stuck near truckee one time for ten hours

joining me now, senior fellow at the manhattan institute andt the ma author of the book, shake down,ontinuing conspiracy against the american taxpayer. what is going -- why is the government involved involved in developing airports? >> of course the governmentl go approves and runs the whole system, the federal government and the essentially local governments, counties, cities, they create airports in faa.nction with the whats happening around the country is like what i call if you build it they will come fallacy. remember that movie. that was fantasy. people don't seem to understand that, so whatde happens is aroud the country you have dallas-fort worth and atlanta, because the regions are growing, they are investing in their airports. gerri: a lot of developments around there. >> what is happening is in other places around the country they look at this and say they're spending money in the region is growing. if we spend money on our airports, our region will grow.e no. all these examples. gerri: mid-america st. louis.an >> and offload her to st. louis on the one hand and chicago on

. >> rose: you're in new york city for a speech at the manhattan institute. >> i did that last night and had some meetings on wall street, seeing them there later. >> rose: so what's your message about the british economy to manhattan institute as well as the mayor and wall street? >> well, the basic message is itaiis on for business. if you want to come and invest in a country that is dealing with its problems, cutting its business taxes, providing opportunities for companys to go britain is the place. i think we're doing better. >> rose: you do? >> i certainly do. >> rose: the numbers don't look like that. >> well, actually, look at the u.k. compared to many western economies, we are getting our deficit down, it's fallen by 25% in the last couple years. unemployment is falling. >> rose: falling? >> well, the last four- >> rosn t last year? >> it's fallen below 8% in the last year. and the last monthly fall was the largest single monthly fall of unemployment in over a decade. so we've still got a long road to go. it's a difficult road to walk. i've inherited a set of problems that ma

and people write in the ferry to manhattan. hey, i can see these folks out there, hoping runs. all of these bones are on a. and woodman is writing in the 1830's, 40's. we have to do something about this. we have made a memorial for general washington and all the business. by a beautiful statue down on wall street, but no one has done anything for the people who are not general washington's he don't have big business sponsors. of course on the ships there is not just americans, sailors from all over the world. significantly because of who has power into doesn't, a lot of african americans. and what is really interesting is, you know, in the modern time , to go to the fort greene park where those bonds are eventually moved, tammany hall takes up the cause of the bonds of one. >> and have them vote. so there put in a crypt. >> and the minute it is there now was built. for a crane, which used to be a fork during the revolution. they are in there, and in that part decays. the 70's, the city was having a hard time. the people who took care of the park, and the guy and he was a member

in 1976, the manhattan posh upper east side dotted with the unfinished building and vacant lot.sion that sent off institutional spen spending. >> money did open up to fuel huge new york city building boom in 1980s. those here hope history repea repeats itself. this has been resold to developer and they expect the resumption soon. >> the north korea step closer to sending nuclear warhead to the u.s.? we talk to a fox panel when we come right back. [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15entrees under $15, seafood, chicken and more! oothe tilapiawith roastedegetab! i'm actually looking at the wo grilled chicken with portobello wine sauce. at pork chop was great! no more fast food friday's! we're going to go to red lobster. yep. [ male announcer ] come try our new menu and sea food differently and introducing 7 lunch choices for just $7.99. salad, sandwiches, and more. >>> with a provocative tract threatens renallal peace and se

. >> walking across the manhattan bridge, seemed like a nice fella. >> seemed like a very nice fella.o much, man. >> he said, i'm going to brooklyn, we said, get in the car. >> jimmy, do you have snacks backstage? >> jimmy: yeah, we do. >> you want to go back? >> yeah. >> jimmy: chris, everybody. he's going up to -- you all right? everything okay? >> yeah. this is beautiful. >> jimmy: isn't it? >> beautiful theater. >> amazing. >> isn't it beautiful? >> all of brooklyn is beautiful. >> all of it. can i tell you why? >> why? >> can i tell you what is so beautiful about brooklyn? >> jimmy: what is? >> they have electricity. >> jimmy: that is nice. >> they have power and showers. >> power and showers. >> jimmy: do you not have that? >> not at present but we are assured by christmas -- >> jimmy: that you will have it? >> things will be good. >> how nice of you to drop rolling papers. >> is that -- >> very patriotic. >> jimmy: it's just confetti. nothing to worry about. >> beautiful. >> jimmy: is everything okay? is your family okay? >> jon? >> i think this might be acid. is everything oka

i asked robert bryce, senior fellow at the manhattan institute about this issue. let's start with the tax credit. >> sure. gerri: this is industry, let's face it they don't have a whole lot to show for themselves yet we subsidize them to the tune of $1.2 billion. why? >> remember the industry said we're all about reducing carbon dioxide. that was the whole argument. now it shifted we create jobs argument. if congress does not extend production tax credit we'll lose 37,000 jobs. they might get an extension but there is big push among utilities, a lot of groups to end the tax credit and it very well could be ended. gerri: it doesn't work that well. 84% fail to produce electricity when the demand is great. as a solution to our energy problems how would you rate it? >> it is not a solution and it is wholly dependent on electric utilities and electric generation that can be dispatched. we can't count on wind. when demand is highest wind output is generally at its lowest. that's a big problem. gerri: irony, these anti-wind groups are growing in number. take a look at thi

joining us now, senior fellow at the manhattan institute and he used to work at the council of economics and advise the president of what his actions could do to affect the economy. it could potentially lead to a recession. >> i am sure showing him the forecast that unemployment would rise above 9% if we went off the fiscal cliff, gdp growth would lose a percentage point. the consequences are very dire. how do you avoid that happening? david: it is kind of surprising that you mak my goodness from hs economic advisors. wells is advising him of what to do from an economic perspective? >> presidents don' presidents dt their economies. if they did, everything would be fine. listen these political types and the political types that you got to have tax hikes on the rich because that place into a certain constituency we have to fund the green energy projects because it plays into the environmentalists. david: the council of economic advisors are pretty close to pure economist whereas there are other economists who are more politically oriented and it is that group the president is listening to

flooding went more than 2 feet over the prior flood level in lower manhattan. the storm surge blasted through our passenger station -- beside you had before indicates that. the tunnels were built at the turn of the last century, more than 100 years ago. the path network is dense and close the contained, with complex tunnels interlocking underneath the hudson. these tunnels, along with the boxlike structures connecting the tunnels, contain rack upon rack of critical and decades-old signal, switching, and the indications equipment that were damaged and the deluge of corrosive sea water during asante. these waters damaged the signals, switching communications, and other equipment line the track. most visibly to the public, are stations experience tsunami- like conditions. the historic hoboken tunnel was inundated after floodwaters crushed it and closed elevator sending millions of gallons of water pouring into the station. many of their stations, practically every wire, circuit, and infrastructure that existed belowground was damaged, destroyed, or otherwise in nee