it exploded at the top. the line for the top 1%, it's hard to fit on the graph, because it's so much out of proportion to the increases that occurred among other income groups including people who are just below the top 1%. so that top 1% saw its real incomes increase by over 250% between 1979 and 2006. yeah. over 250%. >> and actually even this graph -- we couldn't find a graph that fully describes it, because even this graph actually really understates the story because it understates it. >> understates it. >> i mean this is pretty powerful. when i looked at it i thought it was a showstopper. >> well if you really want the showstopper you have to go one step further because that big increase is for the top 1%. but real action is inside of the top 1%. if you go to the top tenth of 1% or the top 100th of 1% you would need a much bigger graph to show what's happened to incomes for that more select group. because they've gone up much faster than have incomes for just your average top 1% kind of person. >> but

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if you go to the top tenthwa of% or the top 100th of 1% you would need a much bigg graph to show what's happened to incomes for that more select group. cause they've gone up much faster than have incomes for just your average top 1% kind of person. >> but we've all known for a long time that the rich were getting richer, and the middle classcaas barely holding its own. i mean, that was no mistry, right. >> oh it is. it's a mystery when you start to look beneath the familiar, common statement that inequality has grown. because when we think about rising inequality, we think, oh, it's the haves versus the have-nots. you know the top third of the income distribution, say is pulling away fromarhe bottom third and what we found ihe is not the haves versus the have-nots. it's the have-it-alls versus the rest of the americans. and those have-it-alls, whi i are households in say the top one-tenth of 1% of the income distribution the richest one in 1,000ri households are truly living in an unparalleled age. since wve been keeping records on ceincomes of the richest fro tax statistics in early 20

. >> the top fashionista of the 2012. >> special top ten showbiz countdown of the year's most explosive reality shows. >> stephen: as always the number one explosive reality show, bomb stars where eight celebrities live in a beach house and are blown up. folks, i love numbered lists so much that i have compiled my top ten lists of favorite numbers one through ten. coming in at number one for the second year in a row, five! (cheers and applause) and now the five that is number one, number five is, of course, seven. as in the phrase slap me a high seven, my number five man. (laughter) of course my top ten numbers list always make my yearly list of favorite lists's lists. unfortunately my list of favorite lists lists did not make this year's list. but one list maker that always makes my list is "time" magazine. this year once again i'm a contender on their person of the year list. (cheers and applause) now in previous years i have competed for time's attention with my korean pop nemesis rain. rraaiinnnn! is not on the list this year. personally i blame the drought. so this year i am a shoe

that's our top story. people slowly resuming their daily routines but more than 6 million preem main without power mostly in new jersey and new york. it could be weeks until some see the lights turned back on. the death toll from sandy is up to at least 74. that number is expected to keep climbing as workers comb through rubble, fallen trees and flood waters. they are helping these families get out of their homes in hoboken, new jersey. it shows a dramatic rooftop rescue in staten island, new york. saving 5 adults and one child who were trapped. anna kooiman joins us live with the latest. >> definitely on a windy thursday morning. good morning everyone. andrew cuomo says barack obama is sending in not only crews but equipment from the army and the navy. they are trying to work on the world trade center area to get the water out. they are sending in an unwatering team after hurricane katrina in illinois. bringing in pumps from the navy. here is a perfect reason why here at battory park we have the battery t

you pop the top and the music starts. or you pop the top and the lights go on at the bar. top and fire a cannon. can you pop the top and basically do whatever you want. as you see, there is sort of this band around the top of the cap there. it is made up of aluminum. an active rfid which is radio frequency identification. there is a lot of technology that goes into this. but you sifrpg up this little band with your computer that then activates some some sort of action. right? they have it controlling an entire bar. as can you see in this video, they're popping the tops and all fun sorts of things happen. that could be fun. i'm sitting there thinking what am i going to start up at home by myself when i drink a beer? it's a lonely night and i'm popping the top on the beer and my laptop plays sappy music. >> or takes you in at your own apartment. look, i'm alone at my house. >> that's a whole different story. >> now they're launching this at events across europe in the near future. it hasn't made it into the states just yet. >>> a prison prank that makes most people run away.

oh well hold us now i must stay top of the ice. reaching especially hostile in the process has more on wednesday coach legs they're all coached up his one hundredth victory at the helm of the no moscow as the defending champions bt training struggles dunbar's four two at home run in clues got into an homage to the maiden going cup title last season but in the absence of anyone expander a vision constantin volkova was the man of the match after the forward posted a brace and an assist and dynamic continued their winning ways on friday to triumph in all three games of the week on home ice thank you for hitting the road to nominate thresh the two rivals but talk five to school the first match in charge was but x. form of play if it can break in and did i'm a ended the week at the top of the table four points clear of truck two and a committee fighting. jaroslava team had to do without defender me go passion in who was given a former band for us to elbow however local extended their ways two to five games prevailing in all three matche

top floert. 26 points, 9 rebounds.8, their worst start in franchise history. >>> that's your "sportscenter" update. i'm hakem dermish. have a good day. >>> up next, "the pulse." and what we really, really don't like about our mothers-in-law. is yours guilty? >> you like yours, though, right? >> i love mine. >> nice save. >>> forget the couple. it was threesomes night on "dancing with the stars." stay with us. i was living with this all-over pain. a deep, throbbing, persistent ache. my doctor diagnosed it as fibromyalgia, thought to be the result of overactive nerves that cause chronic widespread pain. lyrica is believed to calm these nerves. i learned lyrica can provide significant relief from fibromyalgia pain. and for some people, it can work in as early as the first week of treatment. so now i can do more of the things that i enjoy. lyrica is not for everyone. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or worsening depression, or un

brick on top of brick on top of brick. there's an ample of the header row, you see how they are turned perpendicular to each other, you can see the header rows in this one, see the brick going the other way about every 5 or 7 rows. deep set windows. here's a close up of one of those plates. a parapet wall is a clue that this building is an unreinforced building. which direction can that building go? right back out. this building, brick or wood? what are some of the clues? okay, what are the windows? they are deep set. there's a clue right there. deep set. deep set window, unreinforced masonry. can you see the metal plates? there is a metal plate right over there in the corner, there's another one over there. hard to see. also has a parapet on it. deep set windows. even though it has stucco on it, don't be fooled that that's wood up above. it's all brick because it's deep set windows. here we go with part of the roof and the parapet. this is over on (inaudible) street. see where the bricks fell, right on top of a car. there

fighting his way to the top of the fresh milk evokes saying. good drugs that veteran has been in over one hundred flights and has won seventy four of them both fighting for the sake of the sport itself and there are patients who rather than any titles. they made up and most killed saturday night just to build the finest tournament and produced one of the most bitter dekker a match ups russian fans have ever witnessed the need for many and are present in the millions he's in the middle spirit an expose of style was first struck to the ring then the i.c.i. to russian with cal mc roots hunting for in the legend of the fitting to of the sports greats a bit grouse and mugs and business within the last couple of years. and that is how it started and i say go with putting drug on the ropes underfloor of blow. oh though it was far from enough to discourage the dutchman for a scheme to struck back with a vicious name the first glove in the ring which only boosted but hands dried and shortly he no jug a down. in the was . the the rumble went on but despi

in china, it's all change at the top. we have a special report on how the next generation is determined to tread its own path. >> i would like to be a software engineer. >> so you don't want to do the sort of things that your parents did? >> never. >> hello, it's midday here in london, 7:00 in the morning in washington. there's been a new twist to the sex scandal engulfing the american military top brass there. on friday, general david petraeus resigned as boss of the c.i.a. after it was revealed that he had been having an extra marital affair. now general john alan has been drawn into the scandal after what is being called inappropriate communications with a woman also linked to the affair. he has denied any wrong doing, but his application for a top nato job has been put on hold. >> there will be moments like this -- >> another top american commander, another career threatened. this time it's general john allen. he's in charge of u.s. forces in afghanistan, and he was about to be confirmed as the supreme allied commande

from the top of the table to the back of the action is the best of the rest. on monday brotherly love was put to one side as american twins damien and c.j. hope good went up against each other on the californian waves the siblings slug it out in the cold war to transfix earth meeting with damian gaining the upper hand but the set of three year old still couldn't make the semifinals as australia's tell you borrowed one the events. of. to say that on tuesday britain's prince charles and the doctors of cornwall watched on his green moon won the melbourne cup by len the world couple were attending australia's most prestigious horse race as part of their tour to mark queen elizabeth the second is diamond jubilee and camilla awarded the trophy to winner. while on wednesday at south pollard defendant rafael toi an amazing free kick during his side's last a time of the copper sort amerikana in brazil this thunderbolt flew in at a speed of around one hundred thirty kilometers per hour which is faster than a cheetah the strike was the home side's fourth goal as they tra

the company says the cream is top quality on top of smelling like bacon.uote prepare to be loved admired and possibly eaten by bears. >> that doesn't sound good. >> no. >> it is time for your brew on this responses. rhode island governor's decision to kill christmas by removing the christmas display from the state house there. the decision comes after the governor found himself in the mid he would of a real firestorm last year after he decided to call it a holiday tree instead of a christmas tree. >> earlier in the show we asked if you thought it should be called a christmas tree or a holiday tree? here are some of your responses saying this. i will call it a holiday tree when they put it up for easter mlk day, halloween, et cetera. until then it is a christmas tree. >> reverend michael e-mailed us holiday is arrived from holy day holiday tree ties in well for the reason for the season. >> military spouse is watching us from england. it's a christmas tree. who on earth goes holiday tree shopping. >> six minutes until the top of the hour. still ahead he may

the top u.s.tan at this critical time as president obama figures out how to wind down those 68,000 combat troops that are in afghanistan, that are scheduled to come home, by 2014. the thing is, though, zoraida, general joseph dunford, who is already slated to replace allen is having a confirmation hearing on thursday, the same day that allen was supposed to have his. that is going ahead as scheduled. >> all right. brianna keilar live at the white house for us. thank you very much. and also new this morning, the fbi at the home of paula broadwell, petraeus' mistress. agents were seen last night taking pictures. they were carrying boxes, and they were going through both floors of the house. the fbi declined to comment on what they were doing at that home in charlotte. tom fuentes, a former assistant director at the fbi, he is now a cnn contributor, and he is joining us this morning. thank you so much mr. fuentes for joining us. i'd like to begin -- >> thank you for having me. >> i'd like to begin wi

you can see in the red square at the top of the plan proposing to keep that existing element. you can see the water marked tower on sea wall lot 330 in blue and the blue color encompassing here and the piers 30-32 and indicating from the beginning we looked at this in a holistic way. this indicates the typical relationship you have along the waterfront when you look down a pier. you typically take the long view down to the water and this is something that occurs here, but there is something that occurs on 30-32 which is unlike any other pier and that's this very spectacular north south access that you view access that you experience as you walk onto the pier and spectacular view north up to the bay bridge so this shapes the way we approach the site planning for the development. this is an early diagram that appeared in the press in the spring of this year. it was before we started design for the project but it actually illustrated how a typical development on a pier might occur and you can see in blue the indication of the event arena and the orange for the mix use and retail

at the top of this list is this cliff.shed down and down dramatically 180 points on the dow. the nasdaq is now in correct mode, which is not good news. >> shepard: meaning it's off 10% from the high? >> that's right. of course people out there, if you are worried about your 401(k), can say much to make you feel better tonight. >> shepard: except they are going to get this fiscal cliff worked out or people are going to go, you know a little crazy. >> knock wood. >> if i were a betting man. [ laughter ] thank you, gerri. >> you are welcome. >> shepard: investors say concern about european debt also helped push stocks down today. protesters in europe in a big way they were out in the streets demonstrating its tough budget cut. [siren. [. [explosion. >> shepard: rome here police firing tear gas into a crowd. similar scenes across the kant continue nent. spain off the job shutting down transportation. union members and others joined in showing solidarity. things don't seem to be improving. in spain and greece the unemployment r

we just had two more going to los gatos, on top of three that just went to redwood city on top of another and sacramento police chiefs are two of the people mentioned as possible candidates. >>> a 15-year-old is expected to be tried as an adult for a deadly crime spree in san jose. the teenager could go to court today. he is accused along with 26- year-old jonathan wilbanks of a series of crimes that happened earlier this month. police say the two robbed four businesses, killed a man during a carjacking attempt, and had a shootout with police 10 days ago. >>> and a holiday gift for oakland shoppers, free saturday parking. the idea is to bolster business for local businesses. the offer runs through december 29 and applies to any metered space and city-owned garages. that is a gift. >> yeah, it brings you into town, it's good for everybody. >>> are you looking to charge this christmas holiday? which credit card offers the best deals? >> he is the half man in "two and a half men." why does he want people to stop watching the show? >> mother nature puts on a display. why scientists are excite

then on top of that, looks like he's talking to us. >> probably his first cucumber. that's why he's chewing it so much. >> that's a cute bunny. >> that was gayle's animal playtime. >>> next up, everybody, our pick for number four. >> take a look at this massive surf. any idea where this might be? >> georgia. >> wrong. holland, michigan. >> this is a great lake? >> massive surf, huge breaks. can you wear two wet suits? looks like they might be wearing dry suits. hood on, mittens on, cool day i would have never guessed where this was. >> was this high winds? >> shot earlier this week, on tuesday. i imagine some of the emergency from hurricane sandy made its way to the great lakes. >>> you know how we see the bridge jumpers, oh, they are so brave, so fearless. they get nervous too. this is marshall miller getting ready to attempt a base jump off a bridge in idaho. look at him. >> shaking like a leaf on a tree. three, two, one. despite his fear, off he goes. this video is set to a song called "bare bones" by crady. pretty scary. he had doubts, but still pulled it off. i

top rate.duce $442 billion of revenue. he does want to limit deduction so you will not be able to deduct more than 28% even if you were in a 35% to 39% bracket. that's $584 billion. he wants to raise rates on capital gains and def dends, $242 billion. other changes and exemptions and deductions, $165 billion and raise estate taxes. this all adds up to $1.6 trillion. if you want $1.6 trillion of revenue, that is very hard to get it without raising rates on the top 2%. that's the president's fundamental point. >> andy, what is the impact of raising $1.6 trillion in taxes and the spending cuts? the "wall street journal" suggesting the top business leaders are bracing for an economic downturn. >> the top business leaders have indicated they're willing to accept an increase in taxes along the lines that glenn was discussing. and to my mind, it's clear. i'm not convinced that raising taxes on the richeest americans are right. but one thing i do know is that it's more right than gridlock, right? so, i

. >> it's fully 30% to 40% of the benefits were going to the very to the income distribution, the top 1% and when you broke it down it was really the top 1/10 of the 1% that did so well because of the estate tax changes and because of changes in the top tax rates and changes to the capital gains taxes, and if you go to 2003, changes in the dividend tax. i mean, theis were all tax breaks that were worth a vast amount to the richest of americans. and worth very little to middle class americans. >> within a few weeks after the legislation was passed, we all get a letter that says congress and the president have given you this tax cut. and that's pretty much it for the middle class. but for higher income groups, the further forward you go in time, the bigger and bigger the benefits get. so it was really designed to front-load the relatively modest benefits for the middle class and to back-load the benefits for the wealthy. >> so why? why do the winners get policies that make their winnings even larger? you know, this is not a trivial change. if you say from the mid-'90s to 2007, those top

the nets and celtics battle it out in the front row on top of fans. but first, the story that everyone will be talking about this morning at work, at least two people are a lot richer and probably not heading into the office today. sadly, i didn't even have one stinking number. lottery officials say winning tickets for the record $580 million powerball jackpot were sold in arizona and missouri. 160 million tickets were sold yesterday alone. at an astounding rate of 130,000 tickets a minute. the winner takes the cash option, they'll split a cool $380 million. that's $190 million apiece. it's the second largest payout in lotto history. you can be sure that uncle sam is smiling about his cut of the action. the federal tax rate is currently 25%. so it will be $380 million the government gets $95 million off the top. and the winning states not too shabby either. arizona takes 5% at 9$9.5 millin and missouri stakes $7.6 millio. in the end, the two winning ticket holders end up with 25% of that original jackpot. >>> mitt romney is heading to the white house

if you want a advanced lop top, he recommends one from dell. >> go and get the dell 14 inch lap top.t's got a better processor, more memory. >> at 300s thadz is half off. you don't have to wait in line. it's offered yin line only. sam's club selling this dyson for about a third off. the new samsung galaxy is a hot seller. very on, you'll pay $249.99 but sam's club just for 96 yents a service plan. maym=; be worth paying $100 a year membership to save $250. big lots is selling this mini camcorder under $13. and walmart has popular dvd movies for under $2 sweet. black friday isn't just good for shoppers. internet retailers expect it to increase. in store shopping expected to go up. stores hiring a ton of people. total sales expected to top $650 billion. before you go shopping, you need to check out our web site. we've made it ceasey for you. right here, you're going to find out when stores open. over here, exactly what deals are that are in their ads. check them out. black friday ads, right there. everything you need. >> thank you. very much. great information. >> this talk about shop

laughs ) anybody want to top that now?ho wants to follow that? >> you know, sometimes they bend the card, put a crimp in the card. so that you can identify the card from the front as well as from the back. sometimes they call it a breather. if i put a bend in the card you can see it from the back. you can tell where it is. and that means you will be able it see the exact moment when it rises to the top. watch here. 1, 2, 3. ( laughs ) >> schieffer: this is unbelievable. funniest book i've read. i want to thank all of you for being with us today. it was really, really fun. and i hope you sell a million books, all of you, because i love books and they bring so much pleasure. it was just a real pleasure to have each and every one were us with you today. >> thank you. >> schieffer: thank you, sir. we'll be right back. >> schieffer: so we have eaten our way through another thanksgiving. i've said it before, i'll say it again-- in fact i first said it in this little essay in 2005-- thanksgiving has always been my favorite holida

the world's top player but didn't. back. the only problem with what i have and washington i miss that i miss my friends i miss my family. but again your professional. if you have a time to relax you have to you have to use it but most of time you you know have. time to do some something crazy like you're always going to somewhere like a person i grew up with a player and sometimes when he was twenty he was often twenty one years old and if you do some stuff what you know i would do it right now so. you learn from your mistakes your from your life. it's your preacher you know you. go out you can. do something crazy before the game because you're healthy you have to be stay. saw. usually it's santorum. can move to the show when he was a boy we went do you eat. get. a lot of you why are you still there. seems to be well here's. what you see. and staying on the ice and france might have made a step closer to having a team in the k h l after that actual side where now i want to know this is to russia second string in a friendly n

as a stoppage time goal gave serious couple points which sees them top russian premier league table. to win every year. for the sake of the. games for us is. still so much. we keep winning. that means that we. see this team and we know how to win the game bungy a horse and says khan's heels offer a free one win against terror in the caucasus darby i'm back before putting good sitting side into the lead up to the finish don't be slick passing move. that's enough priority was left for the easiest of tasks double angie's lead and good work by samuel it's all going to go if dave terry cope from the penalties balt for chris and made the game safe of time running out it's aside from hutch go out receive a perfect boost ahead of a europa league clash with liverpool them first the. city received a timely boost ahead of their crucial champions league clash of undulates on tuesday the return of either the niece of indonesia first team action they were made to work hard for their two one win or the rest all things were going well providing it was through all gave the home side believes. oh they

top british journal says no evidence tamiflu works.dozens of governments around the world stopped it in case there's another global flu outbreak world health organization is convinced it works the journal >>> beautiful picture from the sutro tower. high clouds and sun warmer weather on the way. >>> chevron has found a way to get around costly clean air requirements. the plant was damaged in august by a fire that sent a black cloud into the air several thousand sought medical attention. chevron has told the air quality management district it intends to repair not replace the damaged unit that means they will not be required to install new equipment chevron says it will voluntarily reduce its emissions with >>> people looking for a job may find help at a job fair in concord today sponsored by abc 7 and the job journal it will take place at center concord 5298 clayton road from noon until 4:00. public and private sector employers will be on hand. >>> if you are looking to get the most for your toy dollar, dealnews.com retail tracking site