at thethe main themes show, it is how people farm around the mediterranean.e will take a look now at the situation in greece where unemployment -- many greeks are looking for alternatives to return to the land. >> this morning, it is working. it is not a professional wine made her -- winemaker but hopes to become one. she has been unemployed for the past five months. at the age of 48, she is preparing to create a change. like many others, she is starting with free agriculture. it has not been easy. >> i can hardly believe i am working. it is rewarding. i was offered several. -- jobs for 500 years. .ithout any guarantee it is very hard. i like the lance. i thought to myself this was a viable solution. >> one and three people in greece is out of work. the few sectors creating jobs. returning to the land is not the choice of some people. family land. his >> most grapes -- most greeks have a village. this is the case with my family. my life would be less hard in the countryside and maybe i can ask where my products. even in greece -- >> this close down last year.

. >> to go back to y to go bacts about national security, and other corporations around thethe kindsent rights, should that mean that u.s. corporations should b le to ouldve in the sa way? it is a haray? ition.ayi which prevents americanibery aca companies from doing what manyty nyher foreign companr fore. that has worked fairly effectively.fect i think the u.s. is too aggressive in goagg after foreign companies that have no connection to the u.s. who areuw doing business in far-flung parts of the world. in general, we expect more of s r american citizens trade we protect them morprand we exp mtm more of them than we expect of people in other parts of the world. >> can yell us what youu would like people to take away from reading your latest book? >> i think we need a singlestan. that is what i athat ie. scarlett johansssc was pilloried for doing an ad for a companyd n at is employing pa is inians in a c israel.l. a group like oxfam said she could not work for them anymore esult. that is a double standard. stanr feeding hungry peoplin not in in denying palestinian's who want jobs the

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. >> the exchange house based in n in theth 80% of bitcoi early days, and there's been difficult if for some time. you'd think there has been fraught here? >> i think there's a strong likelihood of that. a lot of us suspected that for some time. the fact that they are not talking very openly about what is going on, they deleted the tweets from their twitter account yesterday -- something suspicious is going on here. bitcoin is just money, but not as we know it. you cannot hold it in your hand like this stuff. it is blitz on the screen, and the price is volatile. look how much the exchange rate has fallen in just the last 24 hours. if the pound did that, britain would be bankrupt. but what's really interesting is the way it poses a challenge in big banks. it has the potential to become a really cheap network for dismissing or transferring money anywhere any time, though it could be a danger to traditional banks as amazon has been to shops. >> it's definitely interesting as a way of moving money around. it is faster and cheaper than any other kind of payment network out there. >> the brok

thethe u.s. buy more exports whn iin theworld. chinall three want to join a new trans-pacific partnership a proposed trade zone so big it would link 12 countries along the pacific rim including china. opponents call it nafta on steroids and like nafta 20 years ago president obama could have just as hard a time getting a new far reaching trade treaty in congress. let's go to mike viqueira. he joins us from the white house. mike, listen, there are, you know, this is playing out in constituencies across america as if the ink is still wet in nafta. >> i have to tell you i'm amazed having witnessed and covered the nafta debate in the signing ceremony in the east room of this building behind me 20 years ago the debate echos word for word from 20 years ago, and it does not bode well for an agreement this congress, this election year. harry reid and the senate said he doesn't want to do it. he doesn't want to grant it. look, the core constituency said any trade pact he wants to put on the table will create downward trends on wages and it

he seems to be a t more flexible now and understanding thethe diffent people and segments -- they haveferent wa want to share. they want to create lots of everybody.ts that satisfys thats this servi 2is so ibig, 1. 1 1 billion people, that it is hard to move the ship along. that is part of that strategy. change th to erery time they goery tieep. eep.>> we also talked about the search tool and transition to mobile. products developed for desktop they areres -- computers. c e giving up the initiatives. thee just try to focus more on mobile phones. that isre the users are increasingly turning. >> facebook's success hass su td richest trson in the world.d not the only billionaire. the bloomberg team found ferg te more. ♪ ♪ ♪ ♪ >> the big reason they are rea h is use of the stock. after a rocky sarter acebook is up 65% as anpo and 185% sipo the low in september of 2012. we will take you inside l inside that thing. that is nextn energy. plus a trader who quit because 3 billionn -- a $3 million bonus was not enough. this is video from air france. they ting their fleet ir fleetth s ir fleetten

politics, theth montana governor appointing the lieutenant governor to serve their member -- the remainderucus'sshus term -- term. when it would give a boost to wall street's candidacy. was approved as the u.s. ambassador did to china yesterday. chris christie is placing -- they think many problems in new jersey, but the spillovers affecting outside of the state as well. the political fallout for governor christie, and the republican governors association which he now heads. are we at the point where candidates to not want to be seen in public with governor christie? >> he has had two recent trips since it all got started. wherer down in texas, attorney general greg is running for a seat. rick scott would only appear with him behind closed doors. republican operatives and candidates are trying to figure out how much is this chris christie issue going to tag onto them if they show up with him in public? everyone wants to see how this plays out with them before they are seen campaigning with him. support for voiced him in the wake of the scandal, is this expected to continue? >> what you nee

head of thethe anti-defamation league, this morning following up on a letter i sent over the weekend apologizing for the use of the lnacht."iste it was a terrible word to have chosen. i like many have tried to understand the 20th century and in the incomprehensible and evil of the holocaust. , even to be explained try to explain is questionable. it is wrong. it is evil. used the word because during the occupy of san francisco by the occupy wall street crowd, they broke the windows into the wells fargo bank. they marched up through our automobile strip. and they broke on the windows in the luxury car dealerships. remember thed i police stood by frozen. i said, well, this is how lnachtl not -- kristel began. i do not necessarily need to read from this letter. if you're interested, i can. , i deeply apologize. this the letter i wrote to the anti-defamation league. i apologize to you and any who of mistaken my reference as a sign of overt or latent anti-semitism, this is not the case. einer,e partner, eugene kl fled hitler. we became the deepest of friends during our long association. an

thething that happened was process of demoralization about the inability to build institutions, democratic institutions. utin sees himself as a man of an iron fist and development. that's the way he seems himself. >> he sees himself as the man in charge of a strong state. >> he is a state builder. at the this opportunity cost of $51 billion to essentially build a city -- sochi was a very old, modest city. skiuch, bridges, roads, jumps, and it cost $51 billion that we know of. how much of it was bribery, we may never know. $51 billion is more than all the other winter olympics combined. >> the point was he wanted to show the world that russia is back, that russia is a player. >> it is modern, developing, and all he got going in was that you are having not only legitimate and serious concerns, the fact that sochi is right there smack in the middle of a region that has been called a war zone but certainly a conflict. middle ofng in the the extremely legitimate protest against a disgusting anti-gay propaganda law. it is coming at a time when u.s. russian relations and relations with russia and

. >> governor chris christie's administration says thethe welcl that warm for new jersey gov.hris chris the who attended the superbowl. you can hear some of the crowd. christie only spoke briefly at the event to announce next year's super bowl host glendale, arizona. christie's administration says dathey need more time to address subpoenas sent to them in connection with the new jersey traffic jam scandal. 20 people and organizations face subpoena deadlines today. a committee wants to learn how high up christie's chain of command the order went. to block traffic lanes on one of the busiest bridge's in new jersey. christie denies knowing about the planning or execution of the operation. five aides have lost their jobs because of this. the latest resigned on friday. >> watching wall street this morning. concerns about soft company earnings, the global economy and turmoil in emerging markets still weigh on the minds of investors. here's a look at friday's closing numbers. the dow lost 149 points. the nasdaq was down 19 points. and the s and p 500 lost 11 points. futures point to

we have talked to people who -- is thethe service same thing from going from dial-up to dsl.gle has a unique set of skills to deploy here that is going to help them create a service like no other. company is in talks with nine u.s. cities. what will this mean long-term for the cities? deal -- they are in kansas city now and starting to roll out in austin. they are rolling out faster here in provo because they are taking over existing fiber-optic systems that were struggling. this may end up going faster than austen even though austen had a head start. they're going to roll out to 34 cities and they are in negotiations with a lot of cities. they are trying to get expedited rules so they can get faster permitting. in kansas city, they got a real sweetheart deal where some city workers were devoted to working with google. but this is going to be a big thing for google. >> thank you. calories?our chances are nutrition labels are not telling you the entire story. the fda and michelle obama have proposed a food label rules make at helping people healthier choices. >> as consumers a

if you take a look at the fact , thethe shanghai composite chinese government had to step in with selling repose for the sincetime in eight months june. that shows me they are taking a precautionary measure to make sure they are in charge of what is happening in terms of the economy. that is not really translating to the way the financials are trading. the top financial stocks are falling. you can see china civic off by one and a half percent. of oneina off 9/10 percent. i will draw your attention to shanghai pharmaceuticals. they teamed up with a private dealy firm to acquire a close to half $1 billion, so that is gaining ahead of that. let's talk about korea. off three percent. this company owns a 50% stake in the resort in korea were you have had eight people die as the result of a roof collapsing. this company owns a 50% stake in one ocean resort. the chairman has apologized. investors are not giving the stock any love. marine is off. hyundai heavy off by about one and a half percent. january were down about 20% last year, stock also falling as well. i will rounded out with what is ha

quandts in thethe driving seat. ten is in the sea.in you have andrea agne still very much in the driving seat. there are a few things at work here. one is the dynastic rule of the peugeot family. the other, how to reorganize the company. >> we will see if they turn out to the winners or losers. you mentioned the families involved here. let's talk about other winners at dongfang and the french government. onwe have had the government the tape this morning. we talk about vested interest. the winners could be the government. this puts peugeot on a stable footing. it will mean less job cuts, closures and france. dongfeng is a winner, potentially a big winner in terms of technology and ambitious sales targets. of 1.5t a sales target million units by 2020. that includes their own brand, dongfeng along with peugeot. that is the critical piece here. dongfeng going after technology, peugeot going after access to markets. critical access to critical growth markets in asia and southeast asia. is symbioticord relationship. symbiotic relationships

they were able to decide to at thethe information time they wanted to.could keep all the controls in one place in the meantime. this is allowing content owners to do more with their information and have more security around it than if they had not gone to the cloud. >> box and beyoncÉ? >> maybe. maybe not. >> it has been reported you guys are planning to go public. ?f you can shed on that subject >> probably not. that is to subjects in a row we cannot talk about. we are trying to build an independent long-term company. that is the path we are on, is staying very independent. twice you are focused on business. dropbox, another company in this area. >> i have heard of it. likes it focused on the consumer. you decided that is not your market. >> we like consumers, but not as a business model. >> fast-growing bay area dropbox. -- box and >> the trademark company also gets confused. >> this competition between your if they areeven focused on the consumer and you are focused on business -- i will go back to the ipo question. >> we think about that race less th

driver of thethe big snowblower and tried to instruct them on how best to avoid another incident like this. >> thank you. what a mess. stay connected with abc 7 and track the latest weather. you can use the app on your phone or go to our website wjla.com. reservedered police officer was remembered as a kind and gentle man. kevin quick was honored today. of police officers attended. so did the turn -- the virginia attorney general. police have not said how he died. six people have been arrested but no one has been charged with his murder. >> has been seven years since a 16-year-old boy was gunned down outside of a club. now his mother is speaking out about his sons on salt murdered. -- unsolved murder. we have interviewed tonight. he was alive today, he would've graduated college a couple of years ago. he would be in the beginning of his teaching career. instead he is gone appeared his killer is still out there and his mother mustered up the courage once again today to speak out. this was not easy for her. >> i am so thankful. i told him all the time that he was the best son a mother c

ceo of theth the company that launched the sap.began with a demo. >> you set the phone you press start. will do a 180. >> how does it turn like that? >> it is the vibrator in the phone. at the end it just puts all the shots together. we do it at 40 megapixels, which is really high. >> halloween working on this? -- how long have you been working on this? >> about a year. hands-free is just for the iphone of five s. we have a full-blown suite. >> is this done? can you show us? turn it so the camera can see it. wild.t is i want to understand the programming. the vibration think, what is the science behind that? i nokia phone was moving. thatted to do a nap -- app was not meant to be used for that purpose. i thought about making the phone move. i did some tests and i wrote an app or i could change the vibration on different surfaces. as soon as i was able to do a 360, i thought it would be fun. >> you have been in your company. >> we are working on other apps. called --st one lfie 360.one called se is it working with the app store and

strategavoveral strat aseral strat aser strat as a refresher o be the leading media technologymeoma te in thethe world, and within that, we are focused on three big areas. wellrvice, the secd is thehe secd d d co , cothe third , a that sc just tout oss rl inhe content brandtent bucket, we have focused on long-term hu on long needs. ifou think about thenk a nkffington pffingtdy needs news . . if you think about tou trunch,boru nology ablylogy lylololo biggest cu ural trees inural the th on thwoth nd we thwomen are underserved on the internet. you involved this but the makers project, and we have ference in l.a.rein i am b iever in brands i nds iuld love to have more conto t br and more platforms toore plore serve content brands, not justds on own but onss theonss the internet. >> aol made some gains because of deep cuts at its eep l network of nehborhood of nesor neslled p ne nem need about need abo it wh ed ay liu.h ed ay >> it is $150 billion space. we halmost 20 hion hionio consers in that spacers in theers in the product, how to get structured.ru we are to hang w tnd we are big owners of thei

i would like to visit with perhaps a wisconsin -- report on thethe impact of the affordable care act on the people choosing to leave the workforce. a bunch of me to very hard-working people who i have been proud to represent in the house and the senate for many years. family dairy farms. theso many years, one of family has had to leave the farm to work to bring in health insurance. whether it is because of the pre-aca rules wearer insurance companies could deny coverage for people with pre-existing health conditions are simply the risks associated with inering a small organization a risky business. and that story has repeated itself. i have met so many folks in that situation. get may now that they can family health coverage in the marketplace choose to leave bese jobs and that that will counted in one way but i can and sure you when they return full-time to the farm they will be working both investing their efforts in labor and raising their family and caring for senior relatives and engaged in the economic activity of the farm. i appreciated your blog entry to bring greater clarity

it to thethe view of point where it became a number one bestseller.hat do you think of the idea of writing that kind of book at all? you wrote a book after you got out. is there a difference between your book and this book? >> well he is certainly entitled to write any book he wants and espouse any view he wants. just as i or any other member of the general public is entitled to do google searches on robert gates, iran-contra, robert gates, soviet intelligence and other topics and find out if his recollections square with generally accepted public records. >> let me read a quote from bob gates'book. when he was talking to the president, i want you to know that should i stay, -- >> the hard thing for people on this book is, a lot of the press on it said that he was critical of president obama. you get in here and he's has a lot of very positive things about president obama. did you read the whole book? disjointed in of that fashion. he may be could have used a better editor to smooth it out. have ambivalent issues andabout other people. at some point,

large year thethe government int of reforms i but the pkk said it was not enough and stopped the withdrawal of its fighters overshadowing the whole peace process. she said both sides have no option but to reach a peace deal. >> the more important think is the peace because the main problem is lack of confidence between the two sides. >> turkey is going through a difficult time. corruption scandals that is causing political turmoil and up rising with kurdish fighters. now the fate of the peace process lands with the ojinan and the turkish government. >> now italy could have a new prime minister within hours. let's get more on that story. >> thanks. it's increases likely that the 49 mayor of influence will become italy's youngest prime minister. they are now in talks about who will form a new government, and here's is the scene inside the presidential palace where a journalist watch the comings and goings of the various political leaders and asking questions as they come out. what have people been saying about the potential of renzi as prime minister? >> well, they haven't heard much from the

of thethe themes m, the way he is excited all of the time. but it did work. thats back to my point. it works with this group. he has a youngheup. average age is 26 yes old. is 64.he >> only one coach in the history of the nba has won the national championship, larry brown. now he joins gary switzerins jimmie johnson and pete carroll. ncaa championship. about peterint carroll. last night i was fortunate to be locker room when he finally got his team together ng the was talking to them. i said to my buddy at sports is theustrated, i said this usc locker room. he sounds precely like he did at usc. i saw a couple of tapes of him in college. he is mr. energy. gyit is unbelievableunbe he is s 's. ke he is 32. my opinion, pete carroll could be the greatest speechreas maker in the world but if you if yo't have russell william -- russell lson, if y lst have a totalitarian dense like heyou're going to be yelling in the wind. but i do believe, jim, you said it exactly right, and rachel, that he knows his players so well. he knows what gets buyers happy. no repeat friday at practice, he has al

which was more than all the unions combined, or the same as all union es combined, you have th e thethesse -- there seem to be fewer and accepted arbitors of truth. >> i don't know how you hold on to a democracy. you see the coke brothers are at the epicenter of multiple organizations and campaign strategies to work against the interest of working families and people working at the minimum wage and people who need health care. you have two of the richest people in the country that somehow decided the country ought to be modelled in their image, which has no understanding of the needs of poor people, no understanding of middle class families, no understanding of the needs of students to pay for an education. they want an economy that serves their narrow needs that has made them among the richest people in the world. >> there's been some action in terms of actually passing a farm bill. there's talk of maybe a clean debt ceiling passage. do you think republicans will try to extract a price and democrats will play ball? >> the republicans have so damaged their own party. the tea party has ki

he didn't know what was in there. , thethe records came out new york times ran a front-page story abouty findings. the atlantic magazine published an article out of my book on kennedy's medical history. sorensen was angry. he wouldould see me -- say, there was no cover-up. of course there was. they were hiding from the public the extent of kennedy's medical history and the difficulties. if people knew how many medical health problems kennedy had, i don't think he would have been elected in 1960. however unfair that may be. i said his medical records down alongside the cuban medical price -- cuban missile crisis. there were no concessions to his medical difficulties during that crisis. there were medications that i think how can get through it without stumbles. to get back to your point about was a somewhat prickly character. very defensive about kennedy as if he were the keeper of the flame. i don't know why jacqueline kennedy was so critical of him. i think she was overly critical in the sense that sorensen was a total loyalist and he served kennedy's needs and desires and degree and i

thethe new york times" has recommend fans take batteries out of cell phones which could become locatings or bugging devices in the hands of the authorities. have top of that, they told the u.s. olympic athletes to actually break from tradition and not walk around sochi wearing their usa gear, their sweat outfits, for fear that would make them a target for terror attacks, which are also something that is a high level of concern because the olympics are being held so close to the theater of the chechen wars which have taken the lives of 160,000 people over the last 20 years. whether it is the russian state or whether it is the chechen rebels or people who have had family members killed in that war, i mean, this is an act of incredible hubris by putin to have these games here but a lot of lives at risk. >> helen lenskyj, as you wrote your second book on the olympics, and particularly focused on sochi 2014, what surprised you most? >> it surprised me the resell many parallels with the attitudes toward sexual russia andin putin's other parts of the world. i did not want to demonize russia as

now this is the 10 theth year of the heart being auction to benefit the san francisco general hospitalg bidder at luncheon held at the giants ballpark next thursday and if you would like to check out the hearts auction please go to our web site under see it on tv. >>> all right still ahead here on the news at 9. wall street on the news at 9. wall street slammed what is behind today big stock drop and affecting the average 401(k). >> fbi uncovers elaborate scheme to lure wealthy out of towner to the bay area and rob them of diamonds. gold watches them of diamonds. gold watches and more and plan that could cut traffic accidents by 80 percent. how the government wants to make the roads a lot safer. another the roads a lot safer. another half hour of 7 news one of the best things is that millions of peopleia will qualify for financial assistance. it's important to remember that the lower your annual income, the greater financial assistance you will receive. enroll today at coveredca.com. i nethat's my geico digital insurance id card - gots all my pertinents on it and such. works for me. tu

room and thethe technology in the room is such that if you do have a question, i ask that you raise your hand, stand up, and to ask your question as loudly and clearly -- assible if necessary possible, if necessary, i will rephrase the question. we have limited time. if anyone has a question, lee's raise your hand -- please raise your hand and we will try to deal with it. right there. thank you. >> justice ginsburg, i was wondering if you could explain something about your opinion in for genia -- in virginia. ceu discussed the differen between men and women and say they are something to be celebrated. why do you use the word celebrated when there is an that there is so little to be celebrated? the question was in the virginia case, your language identified reasons to celebrate the differences between men and women and the question is why use the word celebrate when there are so many things that are not worth celebrating? that's a tough one. justice ginsburg? don't you agree it is something to celebrate that we have a world made up of both men and women? i celebrate that i have a daughter

. >> did you know thatidou would play the role you play in theth popularization of sciencza >> no, no. i wa >> one of the things that we thought he would excel at from the beginning, absolutely.ing, a ex mmun eah, i 'eah, i 'meah, imea beforeea ' beard about us. beard aboubeard >> how did you know owout ym? owout ym? owm? m? ell, i heard somerd somrd as cists "there's this gure 's this rre ' >> he can ex >> hings. yeah, he can explain the can exex he's not only an interestingrest scientist, but he can ist, bo people.that's his g at's but neil loves the museum, ofm,m, course i was ust kiddin was ust ki >> i was raised >> i was raiserk he hayde anetarium de m rst encoun th the nightht htcause new yorkers don'w tdon'w t get that. t thth there' there'ky in newky in wn w york. >> when yo wa to the most to extraordinnse outside ofnse the nigh where would youhe go? >> extraordinary -- >> just in its natural element wiout -- are thereout -- a -- a there a there ayou there ayo >>p people findip pep pe those places in the world an in the ie e lescopes in every scopofn ev ev ose places. >> would

impact of thethe civil war on the history of egypt. after that, perhaps that impact of egypt and the statue of liberty. [laughter] >> of the risk of sounding reductive, -- the american civil war, the north blockaded the south. that wasern cotton vital to the economy to britain and france was cut off. the only other place in the world that had cotton of a similar quality was egypt. the price of egyptian cotton went up 800 fold. they made a lot of money. in 1869, southern cotton quÉbec. ajax and economy went bankrupt cotton went back up. the egyptian economy went bankrupt. nine years later, he tried to take on israel in a war. we are still dealing with the outcome of that war. the west bank, gaza, jerusalem. do parallel to that has to with the military delegation that was sent. this chief of the u.s. military in the late 1860's. egypt wanted to modernize its armies and breakaway from empire. he turned to the u.s., and nice neutral power back then. sent some of his buddies who had been confederate officers to egypt. and went to egypt and

>> i guess my take on this is, there is definitely a predilection for gambling and thethe chinese peopleis just part of the culture. u.s.,aveling to the traveling globally. >> some of the fundamental factors -- you were talking about this earlier. the operator to vip clients directly instead of using junket operators. you have done a little research into this. >> there is a component of this of profit. you can see on the diagram there is a relationship between clients, who were found by the agents, the agents who bring to the junket operators, and the junket operators, who run the vip rooms in the casinos. if the operator can go direct to the client, that bypasses the middleman. there is credit that is provided in this from the junkets. that is all part of the story. if that direct aspect can be put that the that is cost casinos can eat themselves. but there is risks with that. you take on the credit. and you have to find the clients. isinteresting aspect of this the growing premium mass-market business. some of those clients that the casinos have themselves can be moved into the ip rome

lowest -- thethe oldest winner of a british award.k down the clashes in ukraine are worsening. let's bring in ryan chilcote. diplomacy beginning to start, talk about what is happening in kiev. s in and clashe around independence square, reporting fatalities in the double digits. reports of bodies piled up in hotels, reports of dozens more window. police reporting one killed this morning, 29 window. 20 policemen were shot after they came under sniper fire, we witnessed protesters capturing police and earlier in the day and leading down from independence square. some reports say they were being brought for medical attention, we have heard from the ukrainian president, he said the police are not using guns. this is from president yanukovych, the protesters are using sniper rifles, he is accusing the opposition of using that truce announced last night for gain to launch a new attack. the clashes continue, difficult to see how the talks are going to go. situation is deteriorating within the country, talk to me about whether or not this is

thething they did go in earnings, they confirmed that the event he is pursuing actively exploring allnities -- vivendi is pursuing, actively exploring all opportunities for sfr. the mobilephone unit. that is where they have seen some real competition. 2012. around 39% in they have gotten into a price war. all this talk has driven up shares of all of the companies involved. will they have some sort of merger with the french cable provider? there are great synergies there. one of the challenges is how they actually get the data to mobile phones. a kayak makes a lot of sense. makesonfirmed -- a tie up a lot of sense. they confirmed yesterday. are they talking more beyond a simple joint tie up or are they talking about an outright sale? and november, they talked about having to be a standalone company in 2014. this is all about the telecom wars. there is consolidation in the industry. m&a still seems to be heating up. it is going to be a real battle. >> hans nichols in berlin. >> the u.k. betting firm will announce numbers within the hour. a drop in earnings expectations. john, what are w

. -- thethe market will fed has pulled back. market has replaced, pushing yields lower since december. >> you continue to buy treasuries as an investor? >> if you believe in the broader disinflation or a trance, probably. if you believe the search for yield flows outside the u.s., you want to look at emerging-market debt. i'm still waiting for this crisis everyone is saying out there. junk debt yields are historic lows. currency can be a strength if everyone has bombed out the currency. areasnt to look at the that have been bigger laggards. brazil and china are showing signs of life. >> thank you so much, michael gayed. we're going to go live to kiev to bring you the crisis. ♪ >> ukraine could be on the verge of tearing itself apart. russia putting pressure on ukraine's new government to act today. ousted leader yanukovych says he is still the nation's president, urging russia to refrain from military intervention. ukraine's acting president said russia is trying to provoke conflict. our bloomberg reporter on the ground in kiev

ecb for thethe first time ever is now the bank regulator.ey are putting in lace the asset quality review. what does that mean? it means reviewing the assets. >> it is a stress test. >> it is a stress test for their assets. they are focused most on nonperforming loans. armani and others, is this a positive for them to get this off the books? >> when you have a nonperforming , you have core tier one effort that could be six percent, eight percent. you leverage of your assets. you have a lot of assets and that is how the banks are leveraged. but when you have an npl, guess what happens. that core tier one equity has to go against npl. it is a non-interest-bearing loan that is tying up your equity. to use aot allow you return on equity. what do shareholders want? they want return on equity. if they have npl's i'm a they want them off the books post-up >> it is hugely incentivize. >> -- off the books. >> it is hugely incentivize. >> the ecb before was not the bank regulator. >> it is actually a win-win. >> it is. and the list we are betting on ri

of thethe members federal reserve board will be doing the swearing in.he has the longest tenure we are told. that is happening. you have a story in the wall street journal on the .ecision to try her agenda explain to us what you're talking about in the early agenda? looking at one of the biggest challenges on her plate as she takes over. she is trying to understand why the unemployment rate is falling as fast as it is. it was 6.7% in december. we get another jobs report on friday and it could fall farther. it is not falling for the right reasons. people are struggling to understand if it is a healthy labor market, there are suspicions that things are going on that the labor market is not as healthy as 6.7% unemployment suggests. toy will eventually start raise short-term interest rates. labor market is getting better and they wait too long, you could have excessive inflation or financial bubbles. if they misread the situation and think things are not that rates, youhey raise can snuff out a recovery before it has taken hold. host: she is expected to give

for thethe high-end extremists. professed ang desire older to attack the homeland. on, theonger this goes more foreign fighters go in, etc., etc. likely there is a greater threat to the united states of america. would you agree? >> i would. >> could you tell me in your of theat are some options that we could examine in order to change this stalemate on the battlefield as you described it? there are some things we could do that, at least in my domain, that are probably best left to the closed session. .here are some things i'm not sure we can do radically increase our assistance. least on my front, which is the intelligence area, there are some things we could do. i thank you. i understand why. there are additional measures we could take that we have not taken. is that true? >> is not my place to speak to those. finally, it is a little difficult for a syrian mother to differentiate between whether her child has been killed by a chemical weapon or starved to death or by a conventional weapon. would you agree? well, absolutely, yes, sir. >> thank you, senator mccain. t

thethe first thing he talked about was expanding the pot and the opportunity that we get this country. immigration reform is all the economic policies that are on the agenda right now, the one that we do the most to expand it. it would expand it not just by having more workers in this country but by having more ideas, more innovation, more entrepreneurship. that has the potential to benefit everyone. the cbo has said that it would ultimately raise wages for everyone including a new set of will that you are bringing up. >> this is an interesting discussion. now whether there is a stagnation problem in the economy. and whether it resulted to some fundamental change in the economy to require new things. i wonder what more current view is on that? >> i generally do not think there is very good evidence for secular stagnation. i ain't, first of all, -- i think, first of all, there is less of a puzzle to be placed that stagnation would have you believe. second of all, in terms of where the economy has been lately and where it appears to be going. less reason to believe going forward. to tak

thethe storm is blowing into the northerly this morning after slamming the deep south and arrived on our part of the shoreline and leaving half a million people without power. causing complete chaos. storm warnings all around the region. forecasters predict this mom sister could dump as many as 15 inches of snow. this is like a shadow over i 95 all the way up the east coast and will be like that in parts over next couple days. bill: certainly will. we positioned people up and down the coast. team fox coverage, laura engel on the streets of new york city. she is moving around in that vehicle. john roberts back in atlanta. people are closed in yet again in atlanta, georgia, today. start here in new york. laura, where are you, and how are things on the roads? >> reporter: we are creeping up north on 10th avenue and it is a very slow commute as you can imagine. snowplows have been out here clanging and grinding away trying to clear out the snow overnight into the early morning hours. we'll switch to our camera on the roof here so you can see what we're looking at right now as we head up

a year to year basis, the various changes made by the administration in implementation result of thethe supreme court decision, development and the health-care system, an analysis by us and others, all those things on balance of not changed the budgetary estimates very much. it will be part of the spring estimates, once again updating those projections. i do not know when that will come out. you all will get to know about that at the same time together in a few months. as for the affordable care act impact on cost, we have said before, we do not know what effect those provisions are having. ofre is a growing literature economists analyzing the slowdown in health care costs over the last dozen years or so. ondid a report last summer medicare spending growth. we look that affects actually before the affordable care act. we look at the effects of the business cycle which will not be detectable. over time, economists will study the question, and then we will know. we do not know now. there are a few specific channels where the affordable care act brought down payments to medicare providers.

i think it would be correct to thethe impetus for formation of this force was the attack on benghazi. abouter if you could talk setting expectations on the actual capabilities of 500 dismounted marines around a huge area of operation, in terms of lead time and other things that you would need to have an effect on the ground. i think this force was formed in response to situations in the new normal. i would suggest benghazi was one of those types of actions. a company of infantry marines is pretty capable. >> i did not mean to suggest otherwise. >i am sorry. >> we like to say we are responsible for limited crisis response. clearly, if you had a situation where you had to force your way into an environment or secure a large area, you would need a larger force. but tailored primarily for the missions i flashed on the screen, which would be embassy reinforcement, site recovery, this is a very capable force to accomplish those types of missions. >> not designed for forcible entry, for example. then i will turn to those of you in the audience, i want to draw on your more than 20-year career

from a spokesman from majority leader harry reid is at the request of senate republicans to make thethesual announcements of the post positions as the vote is ongoing. and to the microphones were in turned off, so if you were anywhere other than in the senate chamber itself, either as a reporter or a senator or a staffer, you were left to really guess as to what was going on in terms of the way the vote count was during that extended. of voting.period the clerk, after going to the roll the first time, would announce which senators voted in the affirmative among which senators voted in the negative, and that would do a rolling announcement as other senators come and go from the chamber and cast their votes. none of that happened yesterday. this has raised all sorts of questions -- among the capitol hill press corps. >> you and the number of other reporters were questioning this, and several other reporters, andrew taylor of the associated press, leading the charge, why the microphones were off. you reported the democratic leader, the spokesman, saying that republicans requested that the

gold extending trading for theth straight session. >> it has. you know what is even more exciting?nd overtook gold. that is a very strong sign that investment demand is coming back in. everybody likes the poor man's gold and that is silver. today we're seeing that activity, a very strong sign this rally could very easily continue into next week. what is more about silver, it has been creeping up very slowly but if you look back, this is actually the best performance silver has had now today since the economic crisis began back in 2008. so a prettt impressive run on both gold and silver. platinum and palladium, the other metals are catching up as well and a very strong sign. if you look what's happening here, remember back in november, nobody wanted gold. the fund are getting in a big way. we saw that in the spdr gold trust. back to you. ashley: very impressive. phil flynn, have a great weekend. >> you too. lori: has nothing to do with the physical demand for gold and given the holiday and gift you bought your wife? ashley: that's right. just pure coincidence. lori: we asked you whi

so the is, thethe tax code better the filing season will go. but that's our highest priority.o statutory mandates. if you tell us to do something we will do it. time're spending implementing the affordable care compliance act. we don't feel we have any choice about that, the mandate from congress that we should perform that. 75% of our budget is personnel. we have 10,000 fewer people than four years ago doing significantly more work including other requirements that we implement those statutes. so we have to make decisions and places we have discretion are in fact in tax enforcement and taxpayer services. have 3500 fewer people doing enforcement, revenue agents and officers, 1500 fewer people answering the phones. so we've made more cuts on the side than on the call side. but they're two sides of the same coin. uponately we depend voluntary compliance and i am concerned, as you are, that if provide adequate taxpayer service we're going to undercut the core mission of the agency. noted, we received all of 98% of our money as the taxpayer comes fromid, compliance. only 2% of rev

of thethe members federal reserve board will be doing the swearing in. he has the longest tenure we are told. that is happening. you have a story in the wall street journal on the .ecision to try her agenda explain to us what you're talking about in the early agenda? looking at one of the biggest challenges on her plate as she takes over. she is trying to understand why the unemployment rate is falling as fast as it is. it was 6.7% in december. we get another jobs report on friday and it could fall farther. it is not falling for the right reasons. people are struggling to understand if it is a healthy labor market, there are suspicions that things are going on that the labor market is not as healthy as 6.7% unemployment suggests. toy will eventually start raise short-term interest rates. labor market is getting better and they wait too long, you could have excessive inflation or financial bubbles. if they misread the situation and think things are not that rates, youhey raise can snuff out a recovery before it has taken hold. host: she is expected to giv

price of thethe drug, if you are poor you are obviously going to go for a cheaper drug.are rich you may be afford them or spence of drug. -- a more expensive drug. are people who are addicts polydrug users. they use whatever they find that is available. if they cannot go -- cannot get cocaine, they may go to methamphetamine. people mix all kinds of drugs together. it does cut across all income lines and all ethnic groups. there are definitely drugs that go in waves across certain ethnic roots to become popular in a neighborhood. that has way more to do with than something like personal ethnic choice. your second question about philip seymour hoffman's that. hoffman's death, i have been writing about heroin addiction that happens to people in more than a decade. it is true that when somebody famous dies we get very much interested. i would encourage you to go to usa today and read the series of articles. there is a lot more to it. host: dorothy from maryland. thank you for waiting. back in the late 70's when the pain centers began, new drugs were given. i began taking my

i believe when we're sending thethe signal we're cutting defense that's a mistake. size it concerns me a great deal especially since we're increasing domestic spending. >> last point. the law in arizona that made it through the legislator i think 33-27. lgbt the gay community in general is not a protected class under arizona or federal law. why do you need the law there? >> i don't think we do. unfortunately it hurts the image of our state just as a couple of yours ago our of law sb 1070 that you're familiar with, it's not an accident our arizona chamber of commerce and business leaders came out with a strong message yesterday they don't want the governor to sign this. this is going to hurt the state of arizona's economy. frankly our image. i hope the governor of arizona will veto this and we move on. arizona is the most beautiful states in america. it's not helpful when we see this kind of controversy. >> i love it there. always happy to visit arizona. that community is not a protected class. a business can do what it wants without violating civil rights. it seems

price of thethe drug, if you are poor you are obviously going to go for a cheaper drug. a tou are rich you may be afford them or spence of drug. -- a more expensive drug. are people who are addicts polydrug users. they use whatever they find that is available. if they cannot go -- cannot get cocaine, they may go to methamphetamine. people mix all kinds of drugs together. it does cut across all income lines and all ethnic groups. there are definitely drugs that go in waves across certain ethnic roots to become popular in a neighborhood. that has way more to do with than something like personal ethnic choice. your second question about philip seymour hoffman's that. hoffman's death, i have been writing about heroin addiction that happens to people in more than a decade. it is true that when somebody famous dies we get very much interested. i would encourage you to go to usa today and read the series of articles. there is a lot more to it. host: dorothy from maryland. thank you for waiting. back in the late 70's when the pain centers began, new drugs were given. i began tak

in the finding sections, it notes the national football league, the national hockey and thethe pga tourdies professional golf association are all tax-exempt organizations. that itley points out would be a big deal for an organization that handles billions of dollars to lose its exempt status. when you look at the numbers you get a different story. this is available online at forbes.com if you want to review the numbers. larry is up on the phone lines next. good morning. caller: good morning. the nfl should definitely not be tax-exempt. they should be the ones to pay the taxes. i say definitely not, they should not be tax-exempt. host: jan has this point -- is joining us from pennsylvania, welcome to the program. .emocrats line caller: the nfl, they are evil. all most all of these equipments, the amenities these thingsl of are made in slave labor, thailand and bangladesh. come over here and they seldom for an enormous amount of money, $150 per jersey. of course they should be taxed. they want taxpayer money to build stadiums. from a virginian texan -- this essay is available online from

thethe fact that, you know, argument that you're just only a citizen, it is nothing but armed criminalsat -- the reason criminals can obtain guns so easily is because of how easily it is for legal citizens to obtain guns. guest: when you got your gun, did you buy from it a dealer? caller: i bought it from a private seller. guest: what did you buy? host: it was a handgun. guest: so did you shoot anybody with it? did you -- were you violent with it? were you responsible with it? ow did you store it? caller: i stored it in the case in my room. guest: that's the standard. that's why we look around the country and we have the highest gun ownership in the history and yet crime is going down. so, you know, it's this misconception with people that just because a law-abiding person gets a gun, they're going to suddenly turn into a criminal. i mean, i have a gun. i keep it locked when i'm not at home so the criminals can't get it. but i'm not going to suddenly become a violent person. the reason i have a gun and the reason i would think ebb who has a gun owner in this country is to defend themsel

thethe gas station and student union nearby will do the same. >>> a new program is launching for preschoole access to an early learning reading app. the program is being funded by the napa office of education and learns. the web based app offers 18e bookses along with more than 200 educational games. it'll be available this spring for all preschooled aged children whether or not they are attending school. >> lottery fever not going off in the bay area. first it was the big powerful jackpot. now people are watching the mega million dollar prize. after nobody matched all the numbers in last night's jackpot, the mega millions is now at an estimated $195 million. the next drawing will take place tuesday night. meantime the big power balance winner still hasn't come forward to claim the 425 million-dollar prize. >> controversy over girl scout cookies. how a local scout is making headlines across the nation and how her trip could continue today. >> outside the doors for most of sun is shining. temperatures starting to turn around. ly have a look at what you can expect for saturday morning and a