madonna's entrance gave me the urge to eat a bucket of fried chicken. >> i saw your friend there tom. >> let'sad over to jimmy fallon who saw a silver lining after a serious earthquake rocked part of new zealand. >> they were doing a greyhound race and there was a 6.3 magnitude earthquake during the race and it it didn't stop the guy from calling the race from staying calm and trying to do his job. it's weird. >> everything shaking here, i'm afraid. we might have a bit of an earthquake going on. in fact, we have a very large earthquake going here. the race is underway here. the monitor has fallen on me. >> i'm not going to be able to do much to record this race. >> i'm being mugged right now. i'm bleeding a little bit. i'm bleeding a lot. >> that's excellence in reporting. i expect nothing less from you. >> i'm about to be attacked right now. >> stop shaking the camera. >> power on through. >> still ahead onway wisconsin, hillary clinton hasn't driven a car since 1996. some say that makes her out of touch. >> and the hair. >> we want to know what makehouse feel out of touch. your most creative

tom. >> let's talk about about the apple refund. this is interesting. jeff, a lot of parents out there have given their kids their iphones or ipads to play angry birds or other games and get the upgrades and allow permission for the kids to get in there but left a window of opportunity for kids to buy other things but the ftc is on the parents' side? >> this is an amazing story. i'm a parent with two small children. the phrase inept purchases sends a chill down my spine. but my daughter comes and asks permission, my oldest. in this case it seems a lot of children have been able to buy these things without their parents knowing. apparently 32.5 million dollars will now be paid back by apple, at least one mother is going to get 2,600 dollars because she says her daughter spent at pet store, the game, without her approval. but i don't know about you, thomas. but i think there has to be an element of parental responsibility here. >> yeah. >> okay, this is inept store purchasing but not like they have gone to the cash and carry for a bottle of vodka, but i t

let's start with michael and tom. come on up. - let's do it. - ow. - did that hurt? you all right? - aggressive fist bump. i'm a musical theater guy. - [laughing] all right, this is from mateo, age 8. [electronic chime] wow. michael chiklis. who is it? - that's sam jackson. - is it sam jackson? [bell dings] yes, it is. - oh. - sit down. - "sit down." "good job. sit down." - retta, paget. - that me? - all right. this is by shallee, age 8. [laughter] how about a clue? - please. - she plays a pretty politician from pawnee. yes, ma'am. - [laughing] leslie knope? amy poehler? - yeah. - same person. - is it amy poehler? [bell dings] yes, it is. - if i didn't get that... - you couldn't go back to work. - if you didn't get that... - alyssa and mario, come on up here. - that would have been tragic. [cheers and applause] - yeah. you have some redeeming of yourself to do. - i beg your pardon. - you have done poorly in the last three rounds. okay. - called out! - this is by-- - thanks for the pep talk, jane. - sure, hey, no problem. lucy anne, age 8. [electronic chime] ooh, wow.

found in australia is that when they got rid of the guns suicide rate dropped significantly and tom let's back out is what i thought was exodus of thunderdome i tuned out of australia ok but i will move on public union just to the supreme court heard oral arguments in harris quint and basically you know this is supposed to be this are the supreme court case was supposed to be about whether or not these home health care workers people who go into people's homes and work who are represented by a union and paid by the state whether they are state employees because they're paid by the state or whether they're independent contractors because they get to determine the times and places of their work and hours of their work but that's really not what got argued before the supreme court as you both know what really got argued before the supreme court was whether a public employees employees people who are being paid by the government should have the right to unionize and that's what the court is going to rule on just like with citizens united you know it was supposed to be about it about mccain fe

tom, let me start with you. what is this plan?, it's a serious plan introduced by senator tom coburn along with senator richard burr and senator hatch of utah, and it would basically provide a very serious way to provide coverage. it would save $1.5 trillion over ten years, compared to obamacare. it would cut premiums by anywhere from 2% to 11% compared to obamacare, and it would also cover people with pre-existing conditions but in a very different way. it would say that you can be covered and we won't raise your premiums at all, so long as you maintain continuous coverage. obamacare works by encouraging people to buy coverage with the individual mandate, a fine if you don't purchase it. so, those are some of the highlights. >> you know, this comes at a time when, obviously, the president has been, you know, offering up, look, if you've got some ideas, let's get together and talk about them, and it's becoming more and more clear that americans are dissatisfied with this option that they've got in obamacare. there's a brand new po

thank you, tom. let me take the first part of the question and have him talk to the second. with regard to the report to break down by academy. in the case of the united states military academy, they decreased from 5. there were 15 in academic program year' 11,' 12. went to 109 -- in the case of the that value academy they increased by 2. they went from 13 to 15 in 2012 and 2013. in the case of air force academy. they decreased by 7. they went from 52 to 45 in 2012 and 2013. and if you could talk to the second part of the question. >> yes, sir. the vast majority of the 58 reports that we had total that involved cadets mid shipment were just between them. we had only one instance of a faculty member involved in a case of abusive sexual contact at the naval academy. for the details on that, i would refer you to the navel academy. >> thank you. >> hi, courtney. bc news. two questions. is there -- do you have any data it a naval academy the numbers went up whether there was any kind of similar increase in female mid shipment -- like, the percentage up as well for members of wome

. >> tom let's talk about the horse race, do republican have his a solid chance of regaining control of the senate? >> if you go to louisiana, west virginia, just to start off, arkansas, alaska, north carolina, there are seven, six or seven races, the need is to win seven. i think mary is in real trouble just because of the simple fact they do not like this president down there. and then, you know, races that i did not think would be a problem for democrats, alaska, typical republican state, very close election right now. and he voted for obama care. it's going to come down to a race or two. and i think the senate is going to be 51-49 either way. >> bill, what do you think? >> well, first of all, this is the third election in a row in which obama care is the central issue. you had it in 2010, 12, and now again in 2014, you doesn't go way do i a good reason, it's a large part of the american economy and affects everybody. i think what we'll see is probably republicans make some marginal gains in the house and they'll come very close to winning a majority in the senate. as i agree, it

tom. >>> let's discuss this and a little more with other chief analyst gloria borgeers, and larry sabatoom the university of virginia, also the author of "the kennedy half surgery." g -- century." >>> the it was an early prediction, mean not only retain the majority in the house, but also take over the majority in the senate. how realistic is this? >> well, it's early january, wolf. early bets sometimes don't pan out, so i would encourage using anybody using my piece to bet to use small amounts. on the whole, i think the odds, given the history and current circumstances, the president's popularity, the actual playing feel, you would bet that not only democrats could not take over the house, about republicans would probably add a few seats to their majority in the house. currently i think republicans are likely to add three or four seats in the senate. they need six which i means they only need a small wave to put that off. they need six seeds to take over. that's the average area. >> but starting out, these are the odds. >> you know, one thing ra mesh, that larry writes is the republican

hose, david, tom, let's start with the basics. is this group saying that the data collection itself is, in fact, illegal? >> what they're suggesting is that there is a warrantless wiretapping occurring and too information gathering occurring in the u.s. as a whole. we need to remember that there are dozens of other countries who are actively pursuing u.s. citizens in the same regard. >> richard, the other critical part of this report is the conclusion that the data collection is actually not resulting in catching the people that they really want to catch. >> a couple things about this report. first, they don't actually alley there is warrantless wiretapping going on. they are talking about bulk telephone metadata. they are provided in bulk to the n.s.a. right now is now a m to court records. the stat to you that permits is insufficient and it should be ended. it's not a unanimous consensus of all five members of this board. two of them dissented on that key finding and the board did, in fact, go and say they found no abuse of gove

i'm going to let tom talk about the specifics. as you all know the milk club has been concerned with the entertainment and night life and how they effect the characteristic of the city. i hear about large promoters very appreciative in ms. holiday made a good point they've worked well, with the station and it's been a plus for harvey stricker bluegrass but for events on a shoe string this is a problem. we've been in discussions with united players also the number of police are arbitrary and inxhicht we want to put-down some lodge behind those procedures. i know that smaller events are forced to leave the city it's not tied into 10 b but 9 book fair that was held inside the fair building for at least 10 years has had to move to oakland because the recreation and parks are issuing recks. and i urge you to consider 10 b in terms of making that a reasonable and logistical application >> (calling names) and after that we're happy to take other members. >> i'm president of the harvey milk club. hard french is a promotion group that we p

well, we had jane on for a very special reunion with tom brokaw, where the two discussed the ever-changing world of news. >> let's talk about this first. >> i love her. >> this is amazing. >> and you two together. >> tom also -- that was very kind what you said. we could replay that over and over again. that would be fine with me. but tom once was quoted in "the washington post" saying jane was very realistic about her deefficied deficiencies. but it was true. i'm a midwesterner. i'm very realistic about my deficiencies. as i have grown into my maturity and my boomerness, i'm also more realistic about my strength, of which i have a few. >> hold on. i have to ask jane a question here, tom. >> yeah, he's in charge. >> is tom realistic about his deficiencies? >> oh, god, no. >> tom has no deficiencies. >> that's why we got along. >> you just answered it. >> let's be real. that's it. >> she moved to new york and rented an apartment in the only building on the upper east side that was made of blue bricks. >> i had a little trouble with that blue. but you found it for me. then he found me a boyfriend, who i later marri

tom kierein lets us know how cold and how long it's going to haft. good morning, everyone. welcome to "news4 midday," i'm barbara harrison. it's monday, january 27th, 2014. >>> and right now, the columbia mall in maryland is getting ready to open its doors again after a shooting that left three people dead. the mall will reopen this afternoon at 1:00. on saturday, howard county police say 19-year-old darion aguilar shot and killed brianna benlolo and tyler johnson at a zumiez store and then took his own life. investigators say they're still not sure of the motive or if aguilar knew either of the victims. >>> we're also getting our first look inside the mall this morning. news4's megan mcgrath is live with more on that. megan, good morning. >> reporter: well, barbara, the mall is set to open to the general public at 1:00 this afternoon, but a short time ago, the press was allowed in. they gave us a tour of the mall, the area wherest shooting occurred, as well as the two memorials that are now here at the mall. take a look at the video here. zumiez, the store where the shooti

. >>> let's check the forecast. tom, at least we can get through today okay, right? >> enjoy the balmy temperatures while you can. good morning. there's a live view of washington's skyline from our storm team 4 city camera. here is another view from upper northwest washington. you can still see the snow pack on the ground here. time for your weather & traffic on the 1s. a live view from our storm team 4 skywatcher camera. still snow. the streets are all dry. 39 balmy droigs at reagan national now. i think much of the region going to be into the 40s by 8:00 this morning. then by noontime, dropping back into the 30s. winds gusting around 20 to 25 miles per hour by noontime. then the much colder air begins to move in during the afternoon. i think by 3:00, 4:00, it's going to be back below freezing. then by sunset, should be down into the 20s. winds gusting to 30 miles per hour. windchills in the teens tonight. even colder windchills tomorrow morning. show you that coming up and a look at a warmup by the end of the week in about ten minutes. danella, good morning. any tr

tom, i will let you finish your thought. i'm angry jie. that's it. >> that's it.a fan of the cereal because of what it did to the inside of my delicate pallet. >> ambassador, you dealt with a lot of serious questions in your life. if the u.n uses this cereal, won't we be one step closer to world peace? >> the pressure is on. on the one hand -- but then on the other hand -- i think i was for captain crunch's new cereal before i was against it. i think that's my position. hope it was clear jie. what difference does it make? andy, would you eat sprinkled donut crufn? >> no. i am a captain crunch purist. as far as hurting the roof of your mouth, you are an amateur if that is happening. the key is as any professional will tell you is you learn what the correct amount of time to leave it in the milk is so that it is still crunchy, but it doesn't cut your mouth. it is a delicate balance. you quickly figure it out. if you have any skill whatsoever , which clearly you do not. >> are you a soggy eater. >> soggy is gross. >> you are missing my point, and i am glad we are hav

work there's a lot that needs to be done is where roads and bridges fall and i without a doubt tom but let's you know let's talk about the difference between what's going on now versus will the many differences between what's going on now and back in the f.d.r. ever you were citing now federal unemployment insurance first well that's a last resort let's point out the fact that most states offer about six months worth of unemployment insurance and the federal unemployment insurance is meant to carolina. and this is only ok twenty versus twenty twenty versus twenty six but the federal unemployment insurance benefits this extension is only been around since two thousand and eight and was meant to get people going was meant as an additional safety net because of the recession of two thousand and eight now since then in that brief time this program has cost the government a quarter of a chilean dollars now that's to say nothing of the trillion dollars of stimulus money that the president spent that was supposed to get unemployment down to five and the quarter million dollars days of that seven hu

. ♪ >> i am scarlet fu with tom mckee. let's get some company news.ported earnings in line with analyst estimates. ge also saying it was on track to have double digit growth in earnings. a bleak forecast from nintendo a profit.icting holiday sales disappointed. and shall with its own warning. the company sing fourth-quarter earnings will be significantly lower. estimate was for $4.9 billion. today's company news. we talk a lot about football because the playoffs are this weekend. do you watch basketball? >> no. >> he doesn't watch basketball at all. the nba commissioner is retiring after 30 years. >> i had no idea. them a is amazing because the revenue of the nba -- >> it is amazing because the revenue of the nba sort. from 118 million back when he started in 1982. a stunning return. on the cover of our new issue of "bloomberg businessweek." we look into the question of ceo succession. is thatinteresting here you look at what is going on with david stern and how that is an example of successful ceo that of it -- of a successful ceo. >> they did this a

let's check the forecast now. 4:21. here is tom. >> oh, look at that wind. there's a live view eunion station. that flag flapping in wind that's steady around 20 to 30 miles an hour. occasionally we have had gustses up to 40 miles an hour here in the storm team 4 weather center. all the observations are coming in from our viewers and from the weather watchers around the region reporting snow totals around 3 inches north and west of the metro air a yeah. let's go right to the radar and show you where the snow is still falling. on the eastern shore it's beginning to move off quickly. we still have a few lingering bands of some light snow as megan was talking about there in montgomery county and there's one little band here just across the potomac near great falls and in arlington and further north and east of there, there's one little band of light snow now in prince george's county. these are the snow totals we've had, generally around an inch, 2 to 3 inches around the metro area. north and west 3 to 5 inches fell. and for today we're going to have these dang

three times we suspected a top the market unfolded quickly, sold off but then recovered. >> well, tom, let'sow, you are spot-on and i think that chart gives me the chills going back against '29. give me something on the shanghai composite here quickly for viewers. >> okay. december 2012 to the exact date of the low we called the bottom on the shanghai index on december 4th. subsequent to february 6th high we called the high. we were looking for a 48% rally, we only accomplished a 25%. we adapted to the supply-demand of the market. we forecasted the decline into the june low, the day of the low in fact, we identify what we call a 13. so it was perfect through those three points. and in fact the september high was called right to the day. now, last week -- last sunday we identified a bottom, potential bottom. we think the shanghai still go down to 1959. we think it will hold. we're confident it will hold. people are correlating that the with the u.s. markets. there's really no correlation. >> tom, there's never enough time. we're going to have to stop there. we're going to bring you back and c

i'm tom keene. let's get to data check.es elevate a little bit, down,f the glidepath scarlet fu has our gainers and losers. ,> a big gainer in yesterday's tesla. tesla saying that it delivered 6900 model s's in the fourth quarter after predicted it would back in november. doing better than targeted. the video game retailer cut earnings forecast because of lower than expected of games as it sold plenty of hardware. the ps for and the microsoft the shelves. off >> your kids did not get one, obviously. >> no, i'm withholding favors right now. >> good for you. every home should have a $3 billion bet that google is making. you need a smart thermostat, a smart smoke plus carbon monoxide alarm. the author ofs "big bang disruption." also joining us, paul sweeney, u.s. director of research at bloomberg industry. the speed that you talk about of the new new in technology. how does google try to keep up with the new new? >> it is a lot of investment in engineering, but it is also looking around in the valley and seeing who is doing wh

. >> now, tom, let me just stop you for a second.ivo and provider here namely the cable provider. is that where you're going to maintain the relationship at this point for this cloud-based product? 12k3w >> whattivo has been is a cable for tivo box. for having a much better, more robust way to get television to that television set they've invested a couple thousand dollars in. and with tivo you get the best way to watch it. and what cable operators started doing a few years ago is coming to us and saying, hey, we can build that right in to our set top box capability and use tivo as a branded service to take advanced television to our subscribers. now we have the leadership position in providing advanced tv to cable operators here in the united states where we serve ten of the top 20 msos overseas where we serve a number of cable operators also. so, yes, very much working with cable operators who we still believe because they've invested so heavily in their broadband pipe and internet based streaming certainly going to be a key to the

i'm grateful it tom nolan has given his support let's stop nickel and diming people at the meter. (clapping.) and there's one more thing we can do for our working family who rely on muni. last year the mta at the you're going the supervisor campos and many in the community we the results are in and our kids need it, it's time to make it permanent so i call upon mta to make it possible. and again with the comprehensive funding strategy we won't be robbing our maintenance dollars to pay for it. it's to make the city a little bit more ooshlg. 2350shg9 is also about having a city government that the taxpayers can afford. the past 3 years under the assessor carmen chu and now supervisor farrell we have a 5 year adapted plan and made dramatic progress in eliminating our structural deficits. thanks to the wisdom of our voters to confront unfunded pension and retiree health liability. better times will return but we must not be attempted to stray from the path of discipline as we craft our new budget we must invest in services and staffing we can afford over the long-term. and one of the

. >> let's go to tom kieran to get you started this morning. tom?ind coming out of the north and west gusting to near 30 miles an hour. so the windchill in washington

so let's dive into this issue. tom delay, not belay, sorry about that, you know personally how these things can spin out of control. these investigations can be very difficult. this is a guy who is trying to put together a presidential campaign. he's trying to run the republican governors association. and hopefully he's still trying to govern in new jersey but he's got this investigation hanging over him. how in the world is he going to get out of this? this is going to be a drip, drip for the next two, three years. it's going to be hanging over him. >> well, i could tell you if hillary can stand whitewater, travelgate, benghazi, then chris christie can get through a traffic jam on the george washington bridge. >> you think it will stop at a traffic jam? >> yeah. i don't know what's there, but what i've seen in the last few days since all this broke and he had his two-hour press conference is his political enemies are going for the throat. now, i don't know -- i've never met chris christie, but my impression of him is

tom kelly, i have to let you go. we're out of time. your book, "creative confidence," in stores. i appreciate you being with us. >> thank you very much. >>> from coffee barista to web developer in nine weeks. programming pigmaleon when we continue. >>> welcome back to "press here." google now has so many employees, last week it started shipping them in by boat. yes, there is such a thing as a google fairy. if you've missed out on the sudden employment boom, you may have said to yourself, "i wish i could start over and become a computer programmer." maybe you can. the boot camp says it can take someone with absolutely no knowledge of computer code and turn them into an employable web developer in just nine weeks if you're willing to go class all day every day and part with $12,000 in tuition. the classes are so popular the san francisco location, seen here, is booked through june. sharif bochey is the fellow cashing the checks. the company says it places 95% of students at an average salary of $85,000. thanks for being with us this morning. really? from just about anyone to employ

. >>> let's go to meteorologist tom kierein for a first look at the forecast. >> what's missing is certainlyelcome. that wind has died down. a calm wind, but a frigid start still. temperature in mu-- temperature much of the region to single digit. reagan national, 14. they're getting breeze off the warmer waters of the potomac. the lower part of the bay, in the teens. shenandoah valley into west virginia, right now temperatures are in the mid to upper single digits. we're going to have a cold afternoon, but not as cold as yesterday. here are highs. i'm thinking we're going to be reaching near freezing in washington. north and west will probably say below freezing, in the 20s. here in washington with the freezing, it's only going to be reaching that freezing mark only briefly. then a warming trend as we get toward the end of the week. let's check on traffic early on this wednesday morning. here's danella. >>> good morning. in our area, pretty clear right now. not seeing delays and not seeing any accidents to warn you about. i am tracking a couple work zones here. the first one, if you're trav

and not even that cold this morning. >> let's focus on the now, tom. >> it would be nice if we could keep it like this. it's going to drop maybe 40 degrees between now and this time tomorrow morning. >> did you say 40? >> i did. 4-0 degrees. looking at radar, we are getting rain. areas in green moving southwest to northeast. scattered rain shower around the metro area and points west. and this area of rain is going to continue to track off to the north and east here. so keeping our roadways wet, we have a little patchy fog. that's beginning to break up. temperatures in the 40s around the metro area. look at pax river. it's 61 degrees. easton, 61 degrees. off to the west, above freezing. in the mid 30s where they had all the freezing rain, up to a quarter inch of icing up in parts of frederick county, panhandle of west virginia, and washington county. now that is melting. shenandoah valley, most locations there around 40 degrees. and chuck bell's joining us on the storm team 4 weather deck. and we'll have him coming up here shortly. but we do have windchill impacts here by 8:00 this e

as for conditions now, let's check in with tom kierein. >>> right now, no rain or freezing rain in thender a freezing rain advisory. most of the region north and west, until 11:00. it's in effect until about 9:00 this morning around the metro area. up to .1 inch of ice is possible. storm team 4 radar, the area in pink is a little light freezing rain now. just beginning to move in to fauquier, prince william counties, western loudoun county. it's on a track to be right into manassas here by around 4:38. should be into fairfax a little after 5:00. around 5:30 into mt. vernon. into washington, just a little before 6:00. we'll have a little light freezing rain on untreated surfaces. a lot of the roadways have been pretreated. it's mainly on sidewalks and parking lots. temperatures critical. down below freezing around the metro area, hovering around 30 degrees. farther west/southwest, rain is falling, a little above freezing. danella? >>> good morning. not seeing accidents. work zones in the process of clearing. 66 for folks westbound near the dulles connector road had a work zone here, and

. >> when i asked if they would let us tom kogt on the freedom train and car to be together with thes and parents, they said they couldn't academy date this year and we've done this for eight years straight. >> reporter: more than a thousand people rode today's train and it would probably be back next year. that sent the was echoed of the northern california mlk jr. foundation. >> we, the foundation are committed to making sure that that train survives, and we are looking to work with our partners down in santa clara to ensure that that train not only survives but it continues. >> riders said the train, which is the last freedom train in the country is a deep connection to the past and the struggles that laid the tracks for generations to come. joe >>> not the holiday weekend they expected. they are hurting without the snow and cuts are coming. >>> doctors changing up their look, why your doctor could look different the next time you head in for a checkup. >>> we saw new record highs around the bay area today, numbers in the upper 60s and low 70s but the wind we'll watch as the wind

but tom's going to take a stab at this. let -- >> right. just to, in general, with the ep ratio, employment/population ratio, that would indicate that job growth is basically enough to keep track with the growth of the population 16 and over. you're not -- but it's, obviously, it's lower than it was at the start of the recession, so we're not gaining ground in terms of increasing the proportion of the population that's employed, getting it back to the pre-recession levels. but we're basically keeping track with population growth, is the way to look at it. >> okay. i want to quickly switch gears. i think a lot of the disagreement that we find on both sides of the aisle over the last several years comes to the economy and job growth. i don't -- do you guys look at statistics and have an analysis on whether our raising the minimum wage will create more jobs, or does the effect of that create less jobs? >> this is very much a policy question. >> i'm asking statistically, do you look at, do you analyze that on the statistic front? >> we do not h

a and senator tom colbert becausehey're rich and famous? >> let me start with an uneasy one.t social security and medicare you think of benefits that go to seniors was loaded, but everybody over the age as 65 gets medicare and social security including bill gates or warren buffett. do they really need a check every month from the federal government? john: at least those go to everybody. >> the true. but running $800 billion deficits per year can you afford to send delegates a check? also we have farm programs a classic example. if you have been in combat hundred $50,000 per to with the farmers do? they defied their farm among the sister or though wife each one gets an end to $50,000. when you combine that they will get $10 million but. john: another scheme is flood insurance. >> are you really a beneficiary of the program? [laughter] did you send the check back? >> i built on the edge because i was guaranteed a could not lose. it is insane but congress brags about it and the government spends your money to advertise it. >> we help you protect your home. >> the of flood insura

tom foreman, cnn, washington. >> let's dig deeper now with another politician who's both enjoyed andmes suffered from a reputation as a take no prisoners political leader, former new york mayor and presidential candidate rudy giuliani. a short time ago i spoke with him today. >> what did you make of what governor christie said today? >> what i made of it is pure chris christie. a straight guy. big mistake in his administration. it happens. it happened to me more than a few times. >> you have no doubt that he had no involvement? >> i'm absolutely positive. i think chris christie is one of the most honest, straight guys you're going to meet. also i think had he known about it he would have never acted this way. had he known he had some involvement in this he never would have treated it lightly the way he did. he didn't act like a person who had knowledge before the fact. >> it does seem looking at the press conference had he been involved in any way, if he had anything to hide, this is not the press conference you would give. >> right. i think that's absolutely true. we've seen people

cristina alesci and i let him. tom keene back with us tomorrow.ision of next. stay with us. ♪ >> good morning. thursday, january 2. live from bloomberg world headquarters. you are "in the loop." i and deirdre bolton. obama administration pushing congress to restore jobless benefits for more than a million americans. unemployment checks were cut off last week. we will speak with white house economist gene sperling. it is a rare miss for a warren buffett. for the first time in 44 years, berkshire hathaway is likely to fall short of a key benchmark. he normally added wealth rapidly over a five-year period, this year was different. long lines in colorado, stores able to sell marijuana legally for recreational use. the state trying to make sure legal marijuana does not make it into the black market. denver's airport signs warn not to take the drug home. street to wall street and pay. shares of banks coming off one of the biggest annual rallies and 15 years, a boon

a and senator tom colbert because they're rich and famous? >> let me start with an uneasy one.social security and medicare you think of benefits that go to seniors was loaded, but everybody over the age as 65 gets medicare and social security including bill gates or warren buffett. do they really need a check every month from the federal government? john: at least those go to everybody. >> the true. but running $800 billion deficits per year can you afford to send delegates a check? also we have farm programs a classic example. if you have been in combat hundred $50,000 per to with the farmers do? they defied their farm among the sister or though wife each one gets an end to $50,000. when you combine that they will get $10 million but john: another scheme is flood insurance. >> are you really a beneficiary of the program? [laughter] did you send the check back? >> i built on the edge because i was guaranteed a could not lose. it is insane but congress brags about it and the government spends your money to advertise it. >> we help you protect your home. >> the of flood insurance