to slow thened speed of the centrifuges.rmal. it recorded normal activity on the computer's first and playback that normal activity to the monitoring machines when it was doing the sabotage. >> [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [captions copyright national cable satellite corp. 2014] >> next, on the civil war. the national park service hosted a commemorative ceremony to mark year anniversary of the battle of cedar creek. it resulted in a union victory. this program includes choral music, speeches, and current preservation efforts, as well as are replaying service in a cannon salute. it is about one hour in 10 minutes. >> good evening. my name is amy bracewell. it is my pleasure to welcome you to cedar creek and belle grove national historical park. it has been a very busy day here as the anniversary events have unfolded.

d thene relase it because when oil goes up because of a embargo or whaver el it do. alo want mentionill flor is here amember from tes who was recently elected chairm of the republican sty group. he is going to be a member of the negy andommerce coittee in the 114th commerce. since u have sa ere s patiently for all these hou do you want to ask a few qstns before we get out of you >> first of all thk u for recoizing and thank you for longe to have thetme. wi keep cments hort. one ofyou well morthan o of youn the panel talked abot the cumbersomemisof having fedelpoly tyng to inteerwi fe markets. and i hink that's something ate on this side of eram need to wa ember that anime that we tr violate ewsof eonomicit like violing thla of physics. when you thi about gravity is anexample, the re you violate the laws of gravity rd the iacathend. that was o of the firsthings that my economicinructor taug me back when i was in coege. so i think eon our side again to bconstantly reminded that the free market workth best nat lab whenth fderal governme dsn't have to heavy hand. there w

younow,t' ve we-maned cpany and l ofirlis hge the fue soheyaye o of thenes becae their net income hasof airlines say if we expect prices of jet fuel to go up, we're going to go long to hedge it and what's happened? the markets have come down. so they're on the wrong side of that trade so they're still paying the higher costs based on that hedge. it gets a little complicated h gerri: good operator bad operator, it's those hedges that cost money. >> right. gerri: ipos, obviously, we talked about alibaba quite a bit on this network. but if you want to see the best one, it's a company called radius health? >> yes the health care. the cure for cancer, biotechs even janet yellen talked about biotechs, that they may be too fluffy at one point. this was the year for biotechnology. the indexes have gone up and many of those biostocks but people are chasing companies that don't really have earnings. that's the hardest part. gerri: i've heard this story before. i've heard it ends badly. >> and we've seen them crash absolutely. gerri: so radius health osteoporosis sis treatment. book value of 23

this is not thened of it world. it is a -- not the end of the world. it is a good sized storm.will hit hard. you will hear the winds and rain and snow in the mountains, traffic. a mess. but we will get a break. i would worry if i saw a bunch of these stacked up. it will last through friday and it is out of here. that is pretty good. the reason the storm is strong is it has a lot of subtropical moisture. the jet stream wins. when the winds curve it slows them down. when it does this, the winds slow down. when the winds straight line, they accelerate, the winds are cooking across that part of the pacific and that create as powerful storm with subtropical moisture and a ton of, you know, surf along the coast. so here is the deal. we have radar spinning. for the rest of us it was a nice day. computer model. this is tomorrow. right? not a bad day. here is the system starting to come in. wednesday morning, 5:00 a.m. still not a bad day. fog. clouds. dense fog advisory this morning. wednesday evening it shows up. look at that. right? that is the real deal. this is thursday. model says

the problem, and those seven findings essentially had thened the nature of problem in the intervening since. is second remarkable thing that all of those findings, unfortunately, are still valid. was looking through them earlier this year, i thought, you could release these today and it would still be valid. was the idea that i and jack kerrey danforth if they would like to do that, because after five elections, 10 congressional elections and at least four other bipartisan commissions, there were probably fiscalseven, those policies are still unsustainable reasons that the commission established. so before we head into yet another presidential election and another congressional cycle or before somebody comes up with a bipartisanfor commission, we thought it would be a good idea to look at the again to help explain why current policy is still unsustainable. why it matters for the nation's future and why it's an important ahead to 2016,ng presidential candidates, to take up. the findings, i won't go interest them in great detail, the report and i'm going to skip over the slides so we'll

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e in thening rush hour 30's, but again, it will be blustery, wind chills in the lower 20's, and, we will see plenty of sun behind but that actually could cause some problems for the morning commute. we are looking at some bad sun glare, i'll talk about more sun on the way, when, we check through your weekend and track our next chance of the storm coming up in the full accu weather seven day forecast, brian. >> cecily, thank you. >>> a delaware church has been target of the vandalism sometimes four to five times a week. the pastor of the christ our king church of west 28th street in wilmington says someone has been leaving animal waste on the steps and in the doors of that church. this has been happening for about a year now. father ohio brennan says christ the king is not the only place of worship dealing with this problem. >> at first i thought maybe someone just had something against christ our king but then i come to realize that other faiths, other houses of worship, faith communities are also experiencing the problem. >> wilmington police tell us that the pastor, that they are aware

sun set boulevard removed in less than 30 minutes is it possible that north korea managed to hack thene of the biggest movie studios in america? how did they do it or could it have been an inside job. david kennedy joins us. david, we're all trying to figure this out tonight. we are hearing information that the fbi thinks it's north korea. you're a tech expert. tell me what clues they should be looking for to try to figure out who do this? >> right now we have to be very, very careful who we point the blame at. when you are talking breeches, as large as what is happening to sony right now. we have to sit there and analyze the data and analyze what's going on to figure out what's actually happening. you had the fbi say you know three days ago that there was no link to north korea. now there is a possible link. we need to get our facts straight so before we start placing the blame. it's going to take research and analysis to find it but i think we can. >> what do you look for. >> how they actually tom mow prized compromised the system first. was this insider us in the security industry ar

thene had two years and another 30. so there were rooms that republicans had never been in, not a single republican had ever the house ofin representatives at the time. unhealthy.probably veryhairmen had gotten powerful, to the point where probably you just get a little arrogant. it just kind of -- at least that's the way i saw it when i a freshman. is herenk term limits and is good. we have term limits in the house of representatives. every two years, we have to stand for election. thathave no qualms with one exception. i think that the ranking member a good change that i don't expect to see. >> the other reason that you've about is, in a broad sense, gridlock, the budget battles. i took that to mean the fights with the tea party a compromiseover on the budget area. will you talk a little bit about that, how that stands right now, and what good has come out of it, and where it hurts the process? >> well, that hasn't been so much a problem for me. that's more a problem for leadership. but it's a problem for the think. i

.♪ thene wi do altogeer. treats tes...ets.teet.. ah, ok athis iteemsike e be milyradions....he tche happholiys fm ricerisps. art ur mningffayteak ghthitand eese with jcy, zzlyteak stackehighith oteipack egwhit, meltchee andhater se y lov likealapos ospinh - all war toay flbrea suay. t frh. >> reporter: that use the occasion to spread a message of hope and unity. their brothers and sisters have a christmas thousands gathered in st. peter's square in vatican's city this christmas to hear pope france's blessing he uses influence fed especially of all catholics along the road to affect political art from this year's most recently he played a major role and of normalized relation between the united his mission to bring hope to people suffering from growth. ax the saver to look for our laws and sisters " for such a long time has been full of the effects of all going to protest in a city as he delivered a midnight mass has suppose that is why you're here as defense into the division and our beloved city saw scheduled summit of leaders try your best stuff to enlighten us a dialogue t

he explained the motivation behind his internet.org pro ject, which aims to get the loan thene - therld online. >> if we were focused on profits, we would focus on the first one billion people who use our product. the first one million people have way more money than the rest of the world combined. >> more from that interview with mark zuckerberg coming up later on in the program. another bloomberg exclusive with the ceo of rio tinto. speaking about why his company turned down a merger from glencore. >> we are two totally different organizations. we are an organization focused on the long-term. in terms of long-term relationships with customers, and terms of our greenfield project development. glencore is a trading company. they are very short term in focus. they will trade and do a deal where ever a deal takes place. that is a very different philosophy. has turnedbeatty down a one billion pound offer from john lang for the portfolio of government-backed partnerships. balfour said the proposal fell short from its valuation. they rejected a similar bid from carillion in august. we wil

out, thene pointed economic damage, the political damage, the commercial damage, can be enormous. moved from something that was almost like a hobby to something that has become a major enterprise. level,t the senior within companies, are people turning to the chief technology officer and going, why aren't you doing anything about that? how should he respond? >> this community has been slow on the cyber front. these headline-grabbing incidents will move cyber up the agenda very rapidly in a meaningful way. for a long time, the business community thought this was something that happened to somebody else, or this is a problem that the i.t. department deal with. as long as we have a good i.t. department, everything is fine. cyber security is a top to bottom universal corporate issue that starts with the ceo and ends with everybody who uses a laptop. >> absolutely. let's talk about how companies do perceive it at the moment. it should be from top to bottom. there is a sense that this is almost sort of a process story. we have to tick boxes. >> it is partly the tick boxes. it is partly

and he has just told us that just theneed is not text and the history, but a big theory, and his is classical liberalism. is he the mirror image of the liberal activists that conservatives have long criticized, from robert dworkin to chief justice earl warren? >> i commended a theoretical coherence and vision which is often lacking in constitutional arguments. i do think it does make me think about dworkin, ronald dworkin is famous for the phrase judge as hercules or the so-called robust herculean jurisprudence. richard i think you are asking , for a similarly herculean task for our judges, to scrutinize every law. >> actually, i regard dworkin as a piker. i will tell you what. >> i'm not saying you agree with him. i am saying your model is resonant with him. >> in the following sense. he believes in hercules, i believe in hercules squared. [laughter] let me see if i can explain. >> so you are going further than dworkin. >> because ronald dworkin, gifted as he was, had only a single theme dealing with it all concern and respect, which he thought translated into various kinds of positive spot.

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. -- cold thene decline transitory.ou were talking about expectations that inflation would be below target. some market participants see this as evidence of declining credibility any long-term objectives. why do you still view that as transitory? question is why does the committee see inflation theining slightly below long-term natural rate. the reason is inflation is running below our objective. the committee wants to see moved back toward our objective over time. short time of undershoot will facilitate faster return of inflation to our objective. it is very small. where there is great uncertainty about exactly what constitutes maximum employment. see the different measures of slack in the labor market. pointing to different maximumnts of what employment is. the standard unemployment rate for quite some time now has been signaling a little bit less slack in the labor market than measures that are somewhat broader, for example, include the unusually large number of people who are part-time employed but would prefer ful

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this is not something where -- go in in and thene and then are less likely to do the things that put them in there. it's a system where people go in and then come out and have many fewer opportunities to do the things that will help them move forward and change their lives, in terms of jobs, in terms of housing, especially for people of color. i think also the fact that prison is traumatizing and teaches a criminal skill set, in ofy ways, fosters this kind atmosphere within the prison and out thatntality coming it is impossible to -- also, this is the main thing that i talk about in the book. prison breaks down human bonds. and those human bonds are the main motivators for people to change their lives. host: maya schenwar, is kayla still in prison today? guest: no. fortunately, she is out. for now, we have a happy ending. this last time she was incarcerated, actually, she had a baby behind bars. now she is out, able to be with her daughter. that is a positive thing for everyone. in herid kayla, different times in prison, did she ever deserve to be in prison, in your view? guest: i th

and to theia extent there were cases where thene cia exceeded their authority, those need to be dealtit sham properly, the needs to be accountability. but at the same time, we are r t engaged in a war on terror against people who want to kill us, want to harm our nation and harm our people and who employ very, very ruthless means. so, we have got to be able to defend this country and to be defend our people. -- are they ws necessary? will have to see why the people do not in a few any of the cia officials involved. hard to understand of -- there is 15 members the committee -- a democrats and 7 republicans. why is there not one single republican on the report? host: another issue for you this morning is that there has struck in the house on $1 trillion spending bill -- calls the ngton "omnibus bill". it does not fund the homeland security department for the whole year. funding st temporary for that agency because of what president obama did on immigration. in support of this strategy? guest: yes. and if it passes this measure, it will pass the senate, in my opinion. of homeland nt secu

when everyone has to do the same things, when everyone is evaluated in exactly the same way because thened product is not finish the end product is not that everyone should be going to the same schools or studying the same subjects. so i do think, you know, an individual class would grade people. i don't know if we need to be grading people as much in our society as a whole and put quite as much weight as we to on suspect a.t. tests or these standardized aptitude tests that are used to track people and very homogeneous careers. >> host: do you see yourself teaching another class? >> guest: you know, i've done this every few years, i will do so at some point in the future. one of the things that's always fantastic about teaching is it does force you to pull together an enormous amount of material, organize it in a way, and you end up, you know, you hope the students learn a lot. certainly as a teacher you end up learning a tremendous amount, and even though i'm a critic of the universities, i'm not at all a critic of learning. i think, you know, i think learning is good even if a lot of wha

it presents putin with new challenges. , this is thening front page of the "washington post." this is about the effects of oil prices. drainingoil prices are hundreds of billions of dollars coffers of oil-rich exporters and oil companies. a lot of talk about what is going on with oil prices and the effect that could have on many different issues. also, the "washington post." pentagon procurement is being scrutinized. you could see legislation that would overhaul the pentagon's procurement programs. that is in the "washington post." some other stories about ferguson. that is from "usa today." the police union is providing officer wilson with personal security because of threats he has had. caller" has this headline. police are pursuing an investigation into whether michael brown's stepfather incited riots. many of you saw the video when he called for burning down the video -- buildings there. frank is a democrat. good morning. what are your ideas? police haveink that to do a lot more work interacting with communities. i think an intervention we did in wichita was very helpful.

this is not something where -- go in in and thene and then are less likely to do the things that put them in there. it's a system where people go in and then come out and have many fewer opportunities to do the things that will help them move forward and change their lives, in terms of jobs, in terms of housing, especially for people of color. i think also the fact that prison is traumatizing and teaches a criminal skill set, in ofy ways, fosters this kind atmosphere within the prison and out thatntality coming it is impossible to -- also, this is the main thing that i talk about in the book. prison breaks down human bonds. and those human bonds are the main motivators for people to change their lives. host: maya schenwar, is kayla still in prison today? guest: no. fortunately, she is out. for now, we have a happy ending. this last time she was incarcerated, actually, she had a baby behind bars. now she is out, able to be with her daughter. that is a positive thing for everyone. in herid kayla, different times in prison, did she ever deserve to be in prison, in your view? guest: i th