that's the idea of tim draper. he started something called six california that would divide the now one state into six states. each state would have its own assets and its own debt. it would take voters to amendment the constitution before any of this happen, but stranger ideas have been made real around here. >> no one way back when -- 20 years ago, no one could have imagined we'd be walking around with a cell phone that does so many things. >> reporter: those crazy cell phones. what are you going to do? we spoke to tim draper via skype. it was nothing but a crazy idea. that's what six california is right now. we'll keep you posted on its progress. tonight at 6:00, you'll hear what the mayor of the largest silicon valley city says about breaking california up. >>> south bay company is recalling hundreds of pounds of sausage. the fda is ordering them to recall 16 ounce packages of lees sandwiches. the items in question are the pork sausages produced on february 11. also the pork and chicken sausages produced on feb

that is a tim draper quality idea. >> leave it to tim draper to come up with this.ontinue to cover that. thank you all for watching. have a wonderful weekend. we will see you on monday. ♪ >> a baby step in the right direction. >> this week on "political capital," rob portman. bloomberg news talk nsa and president obama. rich miller and margaret carlson lanhee chen -- debate pall ryan's ultimatum. >> we begin the program with senator rob portman of ohio. senator, thank you for being with us. you were one of the republicans who voted for the small compromise on the budget, although you said it wasn't nearly sufficient. let me ask you this to start. was this a one-off marriage of convenience? or is this the start of maybe

tim draper says the area could be modelled after silicon valley companies allowing for more innovation. draper hopes to get an ish tiff in four years. >> we'll see. >> okay. >> mother daughter duo. >> it keeps me young. >> 95 years young. wow. coming up next, living proof you can to those who've been waiting welcome to covered california. the place to find quality, affordable coverage, and nobody can be denied because of a pre-existing condition. enroll today at coveredca.com. >>> coming up at 6:00 wayne freedman checks in live with special holiday memories the stadium holds for one woman. >> the lost art of tinkering. >> and michael finney going shopping for iphone accessories and will have you snapping pictures like a pro. >> check this out. >> this is a 95-year-old. she was cutting vegetables and prepping meals for project open hand. >> she's been so eager to help out she doesn't want her daughter to give her a ride there. >> i come when shift starts she says that is too late. she takes muni here. >> this is >> she says it keeps her young and happy. >> great. >> cute. >> thank you f

cell phones, even skype which tim draper invested in back when it was just a crazy idea.eporting from san jose city hall, which may someday be its own state capital, i'm scott budman, nbc bay area news. >>> we're continuing to follow that breaking news at the two  tone is the mall in tracy. the other one at the bay area mall in san leandro. we'll have updates coming up. >>> and also how pg&e moved forward today with a controversial san carlos pipeline. >>> i'm janelle wang. president obama faces tough questions in his last news conference of the year. his response to this big his worst year so far in terms of performance. that's coming up. >>> and government waste in san jose. we investigate an audit the faa and the san jose airport and nearly four years later it's still not finished. >>> want to give you an update on breaking news we've been following throughout the newscast. two separate mall shootings, one in tracy and the second one a mall shooting in san leandro at the bay fair mall. we want to bring in nbc bay area's cheryl hurd who joins us on the phone in san le

venture capitalist tim draper is proposing the bay area be silicon valley as a state, along with jefferson state, northern california state, west california, and western california and south california believing the state is unrepresenting in washington is he wants an initiative on the ballot and permitted the preparal to the state attorney general. what did you think? should california be spit up into six states. go to our facebook page and let us know what you think. >> next, the brightest house on the block in the national spotlight and this display is in the north bay, could it win the gr to those who've encountered welcome to covered california. new, affordable health plans so you can be ready for whatever comes your way. enroll today at coveredca.com. >>> coming up at 4:00, saying farewell to the stick as past 49ers share their memorable moments plague at candlestick park. at 5:00, uncorking the perfect holiday wine, michael finney on finding the ryan white for your christmas day. >> bay area family taking christmas decorating to a new level is competing for the top prize on national

tim draper wants to split up the state of california into six separate states. a press conference held to outline some of the reasons why he wants to make it quote, properly represented saying a divided state would provide more appropriate representation and help boost productivity. sea gate technology buying xyratech. saying it will expand solutions and strengthen the process and u.s. stocks sending all three major indexes to an all-time high. tony is selling grace note for $170 million. sony paid more for the company but selling in a lower price in an attempt to get rid of nonessential businesses. from bloomberg studios i'm cory johnson. back to you. >> thank you. >> spencer christian is away but sandhya patel is here now. >> yes, and weather looks fantastic. >> temperatures are mild. and air quality continues to be high. we're not looking at any rain. temperatures into low to upper 60s half moon bay was 48 degrees. spare the air alert up again, tomorrow, take a look atted visibility so poor, three miles in half moon bay. here is a view of san jose. a mild aft

coming up on the later addition draperomberg west," trim -- tim draper.a, with a news conference. he will talk about the new split california up into six different states. yes, he is pushing for this for several reasons, also to get the state properly represented in washington, and we will break down this idea for the late edition, 3:00 on the west, 6:00 at east, right here on bloomberg television. all right, it is 56 past the hour, and that means we are on the markets, and olivia sterns has more. up,hat get you caught markets rising, the dow and s&p up, the nasdaq trading at its highest level since september 2000, and a couple of stocks we do want to highlight for you, think of america is cutting a memory chipmaker to underperform saying it is one of the least preferred stocks in the sector. also, they were citing an increase in the supply, pushing prices lower. and selling television stations to meredith, stations expected to generate up to one hundred $50 million in annual revenue after the purchase is completed. is if there is one deal that not going

it may sound crazy but it's an idea by venture capitalist tim draper wants to divide california into states and he is serious. he said each state would have its own oassets and it's own debt. >> i think it's frustration that no one feels properly represented. >> it's very tempting because when i look at states that have a population less than the city from san hope say. they have two governors. i wants my senator. this will be a way of getting a senator. >> it may be early to be talking about splitsville at this point. >> and gay marriage is legal this morning. a federal judge struck down a same-sex maerj ban in utah. the judge's ruling has set off a frenzy in the state, which began issuing marriage licenses to gape couples, an. >> it's a great moment. thousandsnd and thousands. it's a proud moment to be able to say to them your families are important, your family matters. >> this makes utah the 18th state in the country to allow same-sex marriage. >> some fast thinking teachers put the brakes on a dink rouse situation. this video shows them jumping into action after a school bus pac

. >>> silicon valley tim draper wants to split california into 6 different states. he filed the blot initiatives with the state today. supervisor want to break it off and call the state jefferson and also create a state of silicon valley and there will be a north california and central california and west california and south california. even if the ballot measures is passed, redrawing state lines requires an act of congress. >>> a case of a 13-year-old girl declared brain dead at the oakland hospital. today the judge handed the girl's family of a legal victory in their fight to keep her on life support. the judge ordered the hospital to keep jahi mcmath on life support. >> they requested a temporary restraining order to prevent the children hospital to from removing the 13-year-old girl from life support. >> the doctor determines that jahi is dead 8 days ago. >> it violates the ets i cans of the hospital. >> she suffered a heart attack following surgeries having her tonsils removed. >> the young lady has died and no one takes that into callous or uncarrying manner

today tim draper officially announced plans to file that ballot initiative. under his proposal california would be divided into six entities. silicon valley, west california, jefferson, south california, central california, and north california. silicon valley investor says california as one state is not getting the representation it deserves in sacramento or washington, d.c. >>> giving back to the  community. san jose's family-owned m me pueblo collected thousands of dollars in donations only to give it back. this year they raised $88,000 in one month. they say it's part of their latino culture to share and help one another in this time of need. the money raised will be spread throughout various communities to help those who need it most. >>> an update on the nbc bay area holiday food drive. as of today more than 125,000 bags of food have been donated. there's still time to help. who was that, jessica? >> don't know. >> i think it was you. each bag cost $10, you can purchase one at any safeway in the bay area. the food drive goes until december 25th. for a

but venture capitalist tim draper from silicon valley is proposing to put something on the ballot inovember 2014 that would split the state into six states. which she can those out. the little yellow one would be us. that's silicon valley. the purple one, that's napa. sonoma and morin. there's a website you can go to and check out information there. the proposal would require six governors, six state legislatives. >> we like california the way it is. what's the problem with the current state of things. >> he says we have 38 million people. that's six times more than the average state in the union. and we still only have two senators. he also says political representation of california's diverse population and economy's rendered the state nearly ungovernable. he can we need to start over with smaller states. unsurprisingly the state of silicon valley where mr. draper would live would have its own new laws and regulations and a very enviable tax base. >> and this has no prayer or does it. >> it needs to get on the ballot. it needs 800,000 signatures to do that. in 2012, to get those sa

so many other guys, tim draper and his son adam are involved in bitcoin.y from now -- of bit hey -- bit paid. >> -- has been complaining about a trade. he put in a trade to acquire bitcoin. it was excepted and then there was failure of the liver. deliver.e to that seems like a big deal. >> that is happening on all of the big exchanges. not consider itself an exchange. exchanges,e big these of the biggest major exchanges, they have problems with -- sometimes service will stop. customer service is slow or they will ignore customers. it is sometimes difficult to get your money out. >> who is responsible for making sure they work off -- properly? i don't think there is anyone -- >> that is the point. mark would look at this and say that is our advantage. we can make a more stable marketplace. when there is a broken trade and there is no one you can go to and say they broke this trade, who do i sue? >> that is a risk you take if you're looking to get into with the size of a return. the bigger the risk, the bigger the reward or punishment. that is the case here.

billionaire venture capitalist tim draper talking about this last week, taking his radical idea for breaking up california to the public today. he says now is the time too break up the golden state into six new states, drawn up from within the current boundaries of california. he has a news conference this afternoon on the plan. he talked to us at fox business first about his idea. >> it is very difficult to govern this state. we have the farmers in the central valley. we have the entrepreneurs in the silicon valley. we have hollywood group and military suppliers down in southern california. they're all, they have all have separate interests and separate needs. it is different for one group in sacramento to serve all the needs. connell: sean bowler joins us by telephone. political science professor in the university of california system. is draper on to something here, sean, or is he completely out of his mind? >> he is in the same mind as lots of other people. there have been a couple of hundred of these proposals over the years. we have a bit of a history of tech guys wanting to fix some k

tim draper wants to polit california into six separate states.ng your thoughts about this one, we'll show responses coming up next. [ bagpipes and drums playing over ] [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you open an account. ♪ ♪ ♪ i wanna spread a little love this year ♪ ♪ i wanna spread a little love and cheer ♪ [ male announcer ] this december, remember -- provocative design and exacting precision come together in one powerful package at the lexus december to remember sales event, with some of the best offers of the year on our most thrilling models. this is the pursuit of perfection. >>> welcome back. we asked you to tweet your thoughts on the idea of california being split into six states. here are some of our favorite responses. first, split california into six states? how about three, southern central and northern. why go crazy with six. or break up california into three states disney monsan

tim draper says california has been rendered nearly ungovernable by social and economic changes.etter served with a more localized government, says his ballot initiative. he's going to have to collect thousands of signatures before the measure to be brought from the voters in november. >> that's california. let's talk now about colorado. because tomorrow coloradans week up to legal recreational marijuana. with it there are serious fears about teenagers using smoking pot, the drug will still be illegal for those under 21. the fact that he's been illegal for years has not stopped kids from getting their hands on it. federal officials say legalization could change attitudes among teenagers in a dangerous way. anna is based in denver and has much more on this story. >> we had a chance to go to the high schools in denver and talk to some of the teenagers and their attitude about pot was surprising to me. they tell me marijuana just doesn't seem harmful. they say it's easy to get even though it's illegal for them. the question really is now, what's going to happen when this drug become