automatic discounts the moment you sign up. >> if there were a hall of fame for business tycoons, tom perkins he founded, kleiner perkins caufield & byers, promoted start-up capital for companies like amazon.com, netscape, and google, among many others. and as we reported in 2006, he was also at the center of hewlett-packard's boardroom battles in the early 2000s. one of those triggered a confrontation that brought to light how hp was spying on its own board members and journalists and led to the resignation of the company's chairman, pattie dunn. as we reported in november 2007, perkins has a reputation for being brilliant, willful, and wealthy, lacking nothing but perhaps a tad of humility. this is tom perkins' own personal mega-yacht, the maltese falcon, the world's largest privately owned sailboat -- what one magazine called "a big boatload of ego." >> somebody has to have it, right? >> "someone -- someone has to do this. why not me, right?" >> why not me? >> [ laughs ] when i first saw the boat, it was moored off the coast of italy. >> isn't she beautiful? >> she's also a technological b

to tom perkins.en himself into trouble by comparing today's treatment of wealthy americans to the persecution of jews and not to germany. -- in nazi germany. he set down for an exclusive interview with emily chang. he touched on a theme that the president will be picking up later on in the state of the union. inequality. but he warned about class warfare. he still believes there is an issue. >> i deeply apologize to you and any who mistaken my reference to of anti-acht as a way semitism. this is not the case. >> that was tom perkins speaking to emily chang. we have cory johnson with us here this morning. you know tom perkins, silicon valley -- is he really picking up on eyestrain that exists? -- on a strain that exists? >> putting aside the ridiculous and offensive comments, there is a real sentiment that the wealthy are being targeted and treated unfairly. there was something going on with the reaction of the -- activeommunity gentrification happening in san francisco because there is a change in th

tom perkins, founder of kleiner perkins. steele inspired him to speak out.e will find out why. ♪ ," this is "bloomberg west streaming on your phone, your tablet. i am emily chang. originalrkins's letter, he mentioned novelist danielle steel saying she has been unfairly treated by the local newspaper. she also happens to be his ex- wife. i asked him if this was personal. the inspiration for writing the letter came from the most recent attack by the san francisco chronicle on danielle steel. it all started with complaints about the heights of the hedge around her house and then got potboilershe writes and as a snob and so forth. we are no longer married but we are very close. i felt sorry for her. i felt she was being victimized. she is the number one author in the world, over one billion finally outdid agatha christie. she was awarded the french legion of honor. none of that was reported in the chronicle. so i thought since i am a knight, i would get on my horse and charge forth in her defense. so we can see all of the blood i have spilled in that process. go

we are back with tom perkins, cofounder of, kleiner perkins caufield & byers.ant to talk to you about that you felt upset about some things. let's talk about danielle steele. she's your ex-wife. were those attacks personal to you? >> i think this came from the recent attacks on her. they started complaining about the height of the hedge around her house. then they got into the idea that she writes these books, and is a snob. we are no longer married but are very close. i felt she was being victimized. she is the number one author in the world. she has over one billion books in print. she was awarded the french legion of honor for both literature and humanitarian activities. none of that was reported in the chronicle. if i were a night of the kingdom of norway, i would charge to her defense. so this was part of the process. >> and charge you did. we will continue after a quick commercial break. we'll be right back with tom. ♪ >> welcome back to "bloomberg west" today. i am emily chang here with tom perkins joining us. you mentioned your watch, tom. and you said

some people think that tom perkins's right. does not win a lot of fans by talking about his watch. in fact, the watch can buy if rolesxes.ck of he wanted to clarify he is not a billionaire, just a multimillionaire. to a certain extent, there is a feeling that perhaps he maybe a little bit divorced from reality. i asked him that question and he does not feel he is. he bottom line is keep thi pissed off a lot of people. this is a big issue for the poor and the rich. >> he has redefined joe sixpack. i always thought it was beer. not watches. thank you very much. >> the marlboro man bites the dust and we take stock of the cigarette industry. ♪ >> today at 3 p.m., austan goolsbee will join the "street smart" gang. we will talk about the state of the union address. >> another marlboro man has died from cigarette related illness. but the tobacco companies are still alive and well around the world. our next guest is a portfolio manager with. 10% partner --tom russo, cigarette companies are alive and well. got forecasts that sales in th

you're the perpetrator of the holocaust tom perkins wake up to your own reality. it well they call it well executed transactions that's this financial hole across this fight actual wipe out this meltdown of course everything is going wild again of course in the markets but they call it a well executed transaction that's the discount that's why if you go up to dabis and mingle with these people and go disco dancing with them and lord knows what else they do in the middle of the night you're going to end up with a forty percent less than when you went there as the economists chart showed now. regarding all of this what do you do the revolution i want to show a little clip from. the juice route news now to tax and finance skies are all born giving pope a put on the charts in australia i don't think that's a lot like somebody's going to the nation's wealth like robots just by me how can we stop it by talking like we could all coming back to the what the so far back track on the ocean revolution what pop culture got to say right now but i'm a celebrity i'm not going sy

we're speaking with tom perkins. said that you do not regret the message, but you do regret the one word, kristallnacht. they said that they were shocked by the words that you use and do not agree. you have been involved with them for many years. how do you respond to what they said? do understand why there is been a kind of backlash? >> yes. my letter was not about kleiner perkins caufield & byers. i did not mention them at all. they did not need to say anything. but they chose to throw me under the bus. and i did not like that. they said they were shocked. i sort of feel like the guy saying, look, do not go swimming. there are sharks in the water. you have to understand the warning. i was presenting a warning. and i do not think they got that. secondly, they made a point of my not having been involved for some years. and that is true. and i think as i have distanced myself from the firm, they have a corresponding decline in the firm. but i will go further than that. in a way, i miss them. i hope they miss me. door.

tom perkins -- >> there is a great point. them a cheap iphone does not sell. >> the problem was it wasn't cheap enough. you see for apple as a struggle is they want to be in the bottom percent. they are content for new market share. the small part of the market may be percent of the profits. >> they always say it is a niche player in their dna and the world of macintosh is. this is just a small player that one that iphone became the dominant product, they did not change their strategy to be high-end and high margin. >> i feel like we trusted steve jobs, whether we knew what he was going to do, he had a sense of vision and priority. >> i think the product they are -- it ist with a now the world of market cap. what do you want from these guys? >> isn't that crazy? >> these phones -- the ipad air sold better than most people predicted it would. it has been a huge hit. the macintosh had a better coder than expected. the interesting thing is they did not just in -- just indent the mac. -- just invent the mac. >> the market is not

tom perkins, cofounder of kleiner perkins has ignited eight higher storm of controversy after comparinghe treatment of the richest one percent in america to the treatment of jews and not see germany. we are back with paul and phil bronstein. phil is the former editor of the san francisco chronicle. and cory johnson is our editor at large. we are spoken further about the comments. he gave us additional color on why he said what he said. he added that his late partner fled from austria. do not imagine that the unimaginable cannot become real, both positively and negatively. paul, does anything justify what he said? >> no. that last homages insane. that is a wacko stuff. some of my best friends were fought against hitler. therefore, everything that i say needs to be filtered through that so i get a free pass? it is ludicrous. it is contemptible. if i were kleiner, who quite andtly came out early dismissed the comments and said they do not represent the views of kleiner perkins -- if i were them, i would take it another step. they should have taken his name off of the door. he no longer is

they said tom perkins has not been involved in kpcb in years. xtraordinary. >> perkins has always seemds to be open, including giving this tour of his high-rise condo. in had is 2008 autobiography, he says, he is not a religious person but mentioned a few instances of going to church. >> that was cnn's dan simon. in an e-mail to dan, tom perkins defended his remarks writing, quote, dear dan, i stand by my comments in the letter to the wall street journal. as for criticism of the letter, everyone is entitled to his or her on opinion. let's talk more about mr. perkins and class warfare and the larger implications. with me now, ross, cnn political commentator and maria, democratic strategist, political commentator. welcome to both of you. maria, what is it with the nazi comparisons? >> mr. perkins isn't the only one to have compared nazis to whatever. >> they should stay away from it. the same as republicans should stop talking about women's reproductive systems. they should stop making comparisons to anything the nazis do and it takes focus away fr

tom perkins has been under fire for comparing anger at the rich to the crystal knock, which was a nazi campaign in the early days of jewish persecution. he made those comments to the wall street under. yesterday he apologized for the comparison. take a look. >> my point was that when you start to use hatred against the minority, it can get out of control. that was my thought. now that has a messenger i have been to to ri killed by everybody, at least read the message. i'm friends with al gore, who tells me that inequality is the number one problem in america. but the 1% are not causing the inequali inequality. they are the job creators. i think that the solution is less interference, lower taxes, let the rich do what the rich do, which is get richer, but along the way, they bring everybody else with them when the system is working. >> tom perkins has an estimated wealth of $8 billion. >>> democratings and republicans came together to reach a deal on the farm bill. the bill is expected to save $23 billion over the next ten years. among those cuts eliminating direct payments to farmers a

tweeshgts "tom perkins has not been involved in kpcb in years. e were shocked by his views." >> it's your typical football field-sized yacht, huh? >> reporter: perkins, who once showed off his $150 million yacht to "60 minutes," did not respond today. as the chorus grows louder from critics who believe the billionaire has taken a silver spoon out of his mouth and replaced it with his foot. clayton sandell, abc news, denver. >> clayton, thank you. >>> when we come back here, could soon be ads playing in the dashboard of your car? they're coming. imagine not being near this so often. imagine not getting out of bed again and again. and imagine finally taking control of your symptoms with the oxytrol for women patch. now fda approved as otc. it's safe and effective when used as directed. and it reduces frequency, urgency, and accidents. just imagine how your life could change for the better. take control with oxytrol for women. available in the feminine care aisle. body pain? back pain? try bayer back and body. it's bayer aspirin plus a special pain r

on bloomberg west, tom perkins is our guest on bloomberg television.eated one of the most successful venture capital firms ever, but his reputation up rugged center due to a highly controversial letter that he sent to the wall street journal this weekend. we will be speaking exclusively with mr. perkins, asking him what led him to write what he wrote. that breaking news in cable. comcast near a deal to buy part of charter communications -- to buy a part of time warner cable in conjunction with charter communications. will be buying the new york, north carolina, new england areas if they approve the charter communications takeover bid. how likely is this deal? >> got a little more likely, and the reason that that happened is because carter -- because of to a deal with comcast, it removed them as a competitor for time warner cable. a bearhugmitted letter, and has been speaking with time warner cable posh shareholders over the past week or two to try to get a hostile deal done. that itas done here is has made a deal with comcast in principle on the backen

tom perkins. they will be discussing class warfare as the topic. they will be comparing conditions with the top one percent and persecution of jews and not see germany. he will join "bloomberg west" exclusively to talk about his comments. from the sublime to the ridiculous, it is mystery guest time on monday, yes? time for a clue number one. helps men to groom themselves for success. ♪ >> yes. the big game. the super bowl. super bowl xlviii has landed in new jersey and new york. the seattle seahawks and the denver bongos have arrived. it is not just about the game for the viewers. it is also about the advertising. 2004, they have generated $2 billion of network ad sales for more than 130 marketers. this is the research director of horizon media. sqad.e leader of and representatives of smith college. thank you, gentlemen, for being here. broadcasting from times square were journalists are assembling to cover the beginning and have you ever seen anything like this? -- are assembling to cover the big game. have you ever seen anything like this? >> the

. >>> silicon valley venture capitalist tom perkins has created a firestorm of controversy in a letter to the wall street journal. seen here with handprint's carly fiorina, compared what he called "the war on the 1% to nasri attacks on the jewish district known as kristallnacht." well the response was fast and furious. comments on the wall street journal's website said one said, "let's shed a tear for our local billionaires -- is this a reprint it from the onion?" and if you are aren't jewish you shouldn't identify too close we holocaust victims." another one "slate writer matthew yglesias called perkins an "idiot, who proves that you can get rich without being very thoughtful, perceptive or intelligent." the dalai lama will be visiting the bay area. the spiritual leader will speak at the berkeley community theater on february 23rd the event is part of his north america tour this year. a few tun tickets are on sale, but only available at the tibetan association's office in richmond ed. a gunman opens fire in a crowded shopping mall. late tonight police describe the ammunition that the

tom perkins was all over the news this weekend.e helped to create one of the most successful enter market firms ever, but his reputation was shattered thanks to a controversial letter to the editor of "the wall street journal." the cofounder of kleiner perkins is apparently furious with what he considers class warfare that he says pitts the middle class against billionaires against -- like himself. "writing from the epicenter of for -- a progressive thought, i call attention to the parallels of fascist not see germany -- nazi germany to its war on the one percent, namely its jews, to the progressive war on the american one percent, namely the rich." was unthinkable in the 1930s and it is defended by progressive radicalism now." kleiner perkins immediately distanced themselves from his comments, saying that he has nothing to do with the firm anymore. this is clearly something we need to break down and talk about. fortunately for us, cory johnson, bloomberg west contributor, is here. through this. as someone just reading this, on the

the company tom perkins founded denounced the letter. ay perkins said this. >> i think that a very important part of america, namely, the creative 1%, are threatened. i -- i'm friends with al gore, who tells me that inequality is the number one problem in america. i'm friends with jerry brown. i voted for him. i will vote for him. even though he raised my taxes 30%. he tells me the number one problem in america is inequality. and that's probably and possibly true. and i think president obama's going to make that point tomorrow night. but the 1% are not causing the inequality. they are the job creators. i regret the use of that word. it was a terrible misjudgment. i don't regret the message at all. anytime the majority starts to demonize a minority, no matter what it is, it's wrong. and dangerous. >> joining me now is msnbc.com executive editor richard wolffe and pulitzer prize-winning business columnist for the "los angeles times," michael hiltzik. michael, you covered california's 1%, as perkins would refer to them, who believe their cal

>> that was a highlight from the interview with tom perkins and emily chang. welcome back.ll with us is austan goolsbee, who i know enjoyed the interview as well. what is interesting about this debate is you can laugh at him and ridicule him all you want about the sixpack of rolex watches, but i think what was getting lost here is is there a moral responsibility for the top one percent to take care of the of not only, 50% this country but the world essentially? you have bill gates and warren buffett who believe it, and then tom perkins comes out and says where did this come from? >> different people have different points of view. i believe absolutely, yes. the question is how best to do that. do you give away the capital or du roll up your sleeves and get to work and try to produce things that will grow the economy. >> i will point out the support of an over 80-year-old man. exclusive. i hate to say it, but i have been clumsy. it is hard. i know it is hard for you to believe. it was challenging. the paint came off the white house when he spoke. seriously, people in strong s

the whole issue of income inequality got tom kurt -- tom perkins filed up -- fired up. we discuss recent comments regarding the holocaust in attacks on the one percent. and arctic chill in the entire midwest. how cold is it? about 22 below. look at lake michigan. that is cold. the deep freeze has forced school closures, train delays, flight cancellations, you name it. hang in there, chicago. ♪ >> this is "lunch money" on bloomberg television, streaming live on bloomberg.com, your tablet, and your smart phone. i am adam johnson. the founder of one of silicon valley's most prominent venture capital firms wrote a letter to "wall street journal that" he compared the nazi war on the then-one percent the jews to the current progressive war on the one percent. he wrote -- mr. perkins, your timing is impeccable. yesterday was international holocaust remembrance day. countries around the world commemorated the 6 million jews who died in the holocaust. perkins did send a letter to the anti-defamation league apologizing for using the word tallnacht and explained it to emily chang.

so the man's name is tom perkins. writing from san francisco: robert? tom perkins he is a smart guy he was responding to an article about google employees being bussed from san francisco to mountain view. but he included the nazis. never a smart idea to do this. >> he is not a smart guy. but he is ignorant immoral comments and i don't know why they put that in a letter to the editor. this comparison to naziism that you see from this group, these are the republican thought leaders. if you are not careful they are going to replace the elephant as your party symbol and put in the german shepherd. >> i'm impressed that anybody reads letters to the editors. is there a war against the rich? >> it boggles the mind why anybody would try and draw anal gi su an, analogy to nazi germany or hitler, you lose the audience. robert simmerman and i don't always agree on policy. we can do that without making the comparison to nazi germany. it clouds the debate and i would say where i disagree is this is not a tactic that is in anyway just relegated to one party. a lot of

capital company that still bears his name is distancing itself from the controversy saying that tom perkins has not been involved with the company in years and we were shocked by the news. >> some of the biggest companies were funded by perkins so this is creating shockwaves. mike nicco has the forecast. >> how far down are we for the entire rain year which started july 1st of last year and goes to june 30 of this year? this is how much we need to make just to get to today's acknowledge. you were easiest around san jose and we only need 5.99", child's play compared to elsewhere where we have to make up to 18" in santa rosa, 11" in san francisco, nine" in oakland so when i say we getting rain, it will do nothing to the deficit. sorry i have to say it that way. be lifting and upper 50's to low 60's. mild and a lack of sunshine like yesterday, with low-to-mid 60's at 4:00 and enjoy the evening, dress if temperatures in the low-to-mid 50's. now, another check of the morning commute. leyla gulen? >> a new test involving these vehicles in fremont, southbound 880 coming up to the boulevard we have

>> oh, my god, obama would cheer for that if he could have tom perkins as a foil every day. go back and listen to some fdr speeches. he did not gimp -- not the -- rich lastthe night. what the president could have done last night is what perkins accuses people off, so-called class warfare. he really did not. he laid out the facts. i do not think he attacked the rich. right, what do you think? >> i think the president has a tough task, because under his watch, some of these problems have gotten worse. at think what he was trying to do was to lay out his solutions. unfortunately, it was groundhog day a few days early. it was the same speech he gave last year. it will not fix the problems of upward mobility we have right now. >> all right, small solutions will not fix anything big, but what we're talking about here is this notion that tom perkins introduced, the idea that so many people cling to that helping the rich get richer, the rising tide lifts all boats. is there anything to trickle down economics that was so in fashion 25 years ago? few think there are supporters of trick

. >>> before this week you probably never heard of tom perkins.millionaire venture capitalist, formally married to danielle steele. convicted for a yacht accident that killed a man. tom perkins' star has risen this week because as a multimillionaire he wrote a letter to the "wall street journal" in which he compared the rising sentiment against the rich in america to kristallnacht. fascist nazi germany to san francisco's war on its 1%. unthinkable in 1930. descendant progressive radicalism unthinkable now? in a follow-up interview, perkins appeared on bloomberg tv to apologize kind of. >> do you regret this comparison? >> yes. i -- i talked to the head of the anti-defamation league this morning following up on a letter i had sent over the weekend apologizing for the use of the word kristallnacht. it was a terrible word to have chosen. >> more than 90,000 jews were killed. 30,000 people put in concentration camps. what were you doing for? analogy? >> i -- the jews are only 1% of the german population. i guess my point was that when you start to use

tom perkins warns of a dangerous drift in american thinking from the left. llels to the fascist nazi germany to the war on its 1%, namely the jews to the progressive war, namely the rich. >> the company he co-founded distanced itself on twitter. the company said, quote, tom perkins has not been involved in kpcb in years. we were shocked by his views expressed today in "the wall street journal" and do not agree. melolody hobson is in los angeles. good morning. >> good morning. >> it seems to me that it's a dangerous place to take one specific man and try to expand that into other business leaders, don't you agree? >> well, there's been some rhetoric like this before. steve schwartzman had said some things that equated taxation around the holocaust, completely inappropriate, not right. i would encourage mr. perkins to study up on history because the holocaust had nothing to do with economics. it had to do with ethnic cleansing. he should look to the french revolution where the massives tried to overthrow the rich but completely inappropriate. >> why the animosi

the comments by tom perkins is

countable of what they're doing might not be an interesting escalation in tactics venture capital as tom perkins like in the protests against google and its employees in nazi germany and it's crystal night program it's a rising tide of hatred against the successful one percent he seems to believe that the next step is sending google employees to death camps what's your response to that. i mean that i mean it was particularly ridiculous what it said but actually my colleague alex pareene wrote a piece today that highlights how the comments on jackie that unique the kind of power annoyed one percent the police the police your crops you genuinely think that any popular ism that maybe has some sort of symbolic or active display of resentment for gross inequality is in fact persecuting them it's a paranoia it's a lunacy and it's terribly worrying that these people all of the people that you know have the ear of capitol hill and policymakers not america's general population so i think perkins's view is taking the insane but reflective of a one percent paranoia that is also not new and we have about a

i did a big interview with tom perkins yesterday. >> great interview. >> i got a lot of coverage nationally feed. buzz feed posted the 10 most jaw-dropping comments from out of touch millionaires on bloomberg tv. publicity is great for us, but is this the fact that content is going in this direction? is it a good thing? >> i have been a journalist for over a decade. the two most exciting news organizations are buzz feed and another that came out of nowhere. there was a book called the filter bubble. >> how defensible are these new content models if they can start out of nowhere? >> i think that is the exciting part of it. what is interesting is i was one of the first -- i was at the washington post for several years and i work at the huffington post. i remember people thought i was crazy to leave the washington post to work for arianna. >> look at where the huffington post is now. >> this was pre-aol. >> what about the business model? is it defensible? >> what they have done that is impressive if they have taken advantage of the social platform in a way that a lot of others have it. they di

. >> you can watch more of emily's interview with tom perkins on bloomberg.com/tv and on our free mobilepp, bloomberg tv plus. when great is not good enough. there is only one company that knocks the cover off the ball and then investors run for the exits. that is coming up next. we are talking the super bowl in fight club. and folk singer pete seeger just died. he is best known for his rendition of we shall overcome. he was 94. >> intech, when great is not good enough. we are talking about apple, the maker of the ipad, which sold a record 51 million iphones in the final quarter of last year. profit and revenue beat estimates. and yet the stock fell. what is going on? iphone unit sales were 51 million, only about six percent or seven percent over the previous year. and growth of six percent is not a spectacularly growing business. the margins were a little better. increase in the number of ipads sold. the ipad air is very thin. quakes it does not take an analyst to figure out there is a disconnect between wall street and apple. the surveillance team tried to figure it out. >> apple is he

>> that is tom perkins, the founder of klein perkins, speaking in a controversial interview aced on aoversial piece he wrote in one wall street journal" wealth. my guess is back with me, wishing that today was not the "money moves." what do you think about putting the entire silicon valley in focus? >> this is an albatross strapped to the wrist. we are in a world where most people do not wear watches anymore. >> or they wear smart watches and other things. >> that is coming back. they probably were not wearing a watch in the first place. things are being team at your allies. you are not valued by your book collection or record collection anymore. rights arebragging now ideas, right? >> ideas is the new world, and what you are finding today with funding companies and founders, and i give you an example of one that was announced today, indy raised $40 million to help people democratize funding across the globe. hopefully become incredibly wealthy. they started off with an idea. that is what they fund. smart people with ideas, and there are a ton of ideas across the country. >> john, wha

in scrooge news billionaires are being bullied at least that's what tom perkins thinks perkins a billionaire venture capitalist an op ed in the wall street journal as weak where he compared to a pro serve or a member one preserves and demonization of the rich to the policies not seen germany seriously not surprisingly perkins received widespread criticism for his comments but not from conservative columnist virus so-called news talking head michelle malkin and her syndicated columnist a malkan wrote that perkins pearlie scratched the surface of the war on wealth that has spread into the obama regime she added that the deadliest threats come from the men in power in washington who stoked bottles millionaires and billionaires in your class bashing rhetoric and entrepreneur crushing these pocket the hard earned money of the achievers trying to buy immunity inside time to shame the wealth shamers and their cowed enablers she wrote. silence is complicity. or balkan perkins right are billionaires really being bullied by evil progressives in america let's ask me i'm a kid conservative commentator a

tom perkins, the cofounder of geithner perkins, wrote a letter to the wall street journal, comparing the war on the richest one percent in america to the persecution of jews in nazi germany. he joined me to apologize for that comparison, but not the message. perhaps the most talked about part of that conversation was his watch. take a listen. >> they got into a conversation about the idiocy of rolex watches. why does any man need a rolex watch? it is a symbol of terrible values, etc.. well, i think that is a little silly. this is not a rolex. rolexesbuy a sixpack of for this, but so what? >> he could have walked a few six packs over rolex-- of rolexes with that watch. joining me is an early-stage venture investor. i know you have been following this all week. what do you make of perkins' comments? anything, if possible, i find him more offensive than i did earlier in the week. it was offensive the first go around, and now it is cartoonish. he walked back some of his most egregious comments with respect to the direct comparison to the persecution of the jews in nazi germany, but he we

and i've got to tell you something, tom perkins may be a couple of years ahead of the curve here.ress tonight that will somehow link the unfortunate people who are trying to get higher minimum wage and their lack of success in this country to the idea that someone else took it from them because they are successful. we know this is happening. i think it's sort of ironic that san francisco is becoming the new battleground, because for a long time the venture capitalists and the google guys got a free pass. it shows you, if it's going to happen in san francisco, it's going to happen across the entire country. this is the only thing they can push, the only hot buttedton that somehow someone got it, you don't, and you'd better find a way to take it from them. if we can't take it via the tax code, maybe there's another way. stuart: nasty stuff. charles, thank you. the super bowl will be played in east rutherford, new jersey, on sunday. the town's getting snubbed by the nfl. the east rutherford mayor is with us. he's♪ ♪ we asked people a question, how much money do you think you'll need

adam: silicon valley legend tom perkins he made his name investing in the next big thing but now they elite, they can't get away from him fast enough because of a letter to the editor perkins wrote and it was published in saturday's "wall street journal" this is a quote from that letter. quote, i would call attention to the parallels of fascist, nazi germany to its war on its 1% namely its jews to the progressive war on the american 1%, namely the rich. even the venture capital firm perkins's company founded, cofounded is trying to distance itself via twitter. the firm, kleiner perkins and caufield says, quote, tom perkins has not been involved in kpcb in years. we were shocked by his views expressed today in "the wall street journal." and do not agree. lori: probably best to move on from that. adam: don't touch that one with lori: comedian kevin heart seems to be everywhere. his hit comedy, "ride-along" with ice cube is scoring well. adam: jay leno accused of not going quietly once again. adam: universal studios score ad big hit at the box office holding the top two spots for second

venture capital company that still has his name is dissing itself from the controversy saying that tom perkins has not been involved in the company in years. we were shocked by the news. >> the presidio trust board is holding a meeting tonight after accepting final proposals for three plans to develop a site next to crissy field. the site is occupied by the department store. the presidio trust is preparing to decide by mid-february among three proposals for development including a museum by george lucas, a public cultural center and a facility to study sustainability focusing on the environment. or, to approve nothing. >> california's jewish lawmakers are coming together at the state capital forming a new legislative caucus focusing on issues important to the jewish community. right now the caucus including nine lawmakers who identify themselves at jewish and others who rip, all democrats. >> the legislature includes caucuses focused on race, sexuality, and geography. >> in the mid-wet people cannot escape the cold temperatures. this is in minnesota over the welcome, with blizzard-like conditi