. >>> the cal recruits, they had their chief recruiters take a job a couple weeks ago, went up to ushash, lost some of the -- up to washington, lost some of the recruits. here's the story. they lose a fellow named zach thompson -- shak thompson, 5-star running backing, then i'm go going to go up to washington then they lose another guy. jordan payton. so they lost a lot of guys, and the head coach, tedford, knows it. he's not feeling too good about what happened. those 18 year-olds tweeting that business, and he's out of luck. >> goodnight everybody.

ushing defeat. seats to take over the power. there is new polling that is giving democrats high hopes. and that is the fight against the oil pipeline that runs through the united states. that's a stark contrast to what voters thought would happen soon after the republicans gained control. a recent poll by voters by an 11-point margin, voters say they preferred democrats to take control of the house rather than control. >> the democratic congressional campaign has an effort to offer assistance to what they have dentfied in the most competitive campaign in their, quote, drive to 25. the keystone xl oil pipeline. president obama rejected the plan. but on sunday with polls showing a strong majority of americans supporting the pipeline, john boehner said its party is going to continue its push. >> if it's not enacted before we take up the american energy and infrastructure jobs act, it will be part of it. >> as the maneuvering continues today, josh fox was arrested while trying to film a congressional hearing on the environmental imp

wash ush up a game now -- washington up a game now. >>> stanford no problem with arizona state tonightg big, 68-44. bay area's best men's team, they roll over san diego, and portland. broncos have lost nine straight. >>> st. mary's, no question, hello, sun devils! they're getting excited. playing stanford. on the female side, just too good. may in the lay-up there. the sisters combine for 42 points, 32 rebounds, 62-49, stanford. van dermere now 19 and 1. 10 and 0 in the pac-12 conference. >>> the sharks have exploded offensively! it's father's week. the players travel with their southern son -- sons. pretty cool. would you like that, jacky? >> sure. keeps them out of trouble. >> and the dallas stars in there, sets up pavelski to thornton for the goal to make it 4-1. ryane clowe -- what if kron had a week where we could bring in a mom, a dad, and just let them see what the hell we're living through. [ laughter ] >> they have a hard life, the hockey players. >> can you imagine if they had a kron week, and we brought in loved ones and they actually said, we're getting you out of here now!

importantish ushs not just to this country but to the world and we want to make sure that our banking system is strong. i know you want, that we want that as well money. >> mr. cordray, do you know of any financial institutions that you can recall that have been well capitalized, well managed, well regulated and has failed? >> i think that only happens, senator, when there is some extreme dislocation at large. >> that would be very unusual, would it not? >> i would say the great depression and the recession of '07/'08. that may have happened to some banks that did not deserve. t. >> "the washington post" reported a community groups to subsidize mortgages for first time hold buyers resulted in mortgages that many buyers could not afford. i know they meant well but the article nound found that nearly one in five borrowersin the d.c. program are behind in their mortgages. are you looking into this particular program? because i'm not saying it's a busive but maybe it lack of, i don't know how you define all that but lack of judgment because you want to help people but sometimes if one out

you can predict that without knowing who the candidates are going to be or about what the ush issues are going to be and the like so i think there's a lot at stake in beyond the interests of the particular candidates in a particular round of elections and it's worthwhile i think to remember that as we talk about what sorts of constraints there should be. we have time for questions and comments, and please keep those short and come to one of the microphones or have one of the microphones brought to you, and just a reminder for everybody, you are being taped, so by talking, you're consenting to being taped. >> so our enemies will know. >> give your name, home, address, and social security number. [ laughter ] >> my name is ken aigle, i live in portola valley, which is nearby, for those who are not from this area. my question is about the concept of race. is it a legitimate situational concept in the sense that race is a predictor of social disadvantage? and if that's the case, then the concept of race in 50 years may be no longer important as a determinant of voting policy. so my gener

if you try to deal with this deficit ush u the way our republican colleagues suggested, without taking one penny for deficit reductions from closing tax breaks. >> i think, first of all, you mentioned discretionary spending, this budget takes discretionary spending down to 5% of gdp, so we are making very, very hard choices in achieving that. the balanced approach at the center of the president's plan has also been at the center of other plans. you mention simpson-bowles, that has a balanced approach and in fact raises more revenue than we are talking about raising here. when a serious group looks at this, there's a recognition that we need to increase our revenues. we cannot increase the revenues from the middle class. the president has no tax increases for families less than $250,000. in fact there are further tax cuts. we need to increase revenue from the wealthiest 2% who as you pointed out congressman, have benefited extraordinarily across the last several decades. and asking them to do their fair share so we as a country can succeed and have a healthy growing middle class. makes

indicate the side ways action of the last dozen years could soon be over, giving way to a much more bull ushd actually be stand. the era of stocks is an asset class b and dead, no money being made? he thinks it might be over. what makes redler think this. if you look at the peak in the year 2000 ond the peak in the year 2007 right before the financial crisis, sure enough there's that dreaded down top. we're still away from the high of 1576, but if we can break through the level of the double top, then redler believes the sky is the limit. the next could be 1,700. he thinks that's doable. the reason? the uptrend that began at the bot many in 2009. let's look at the uptrend at looking back at the s&p 500 going back six years. the long-term move higher that began in march of 2009, believe it or not, it's still very much in tact. when you take this big picture monthly view, the action of the s&p 500 looks fantastic to a charter like redler. ever since the generational bottom, we've been making higher highs and lower lows, classic signs of a healthy up trend. the s&p has to break out of its high

. >> i think it runs into the deficit ush shoe, as a result, washs out the bottom.you ask people in this country what they're worried, 5 to 1 is jobs. it's the economic issues. michigan at the end of the day it's an economic state. i think romney or the republican nominee somehow doesn't have to be romney has an excellent opportunity to pivot that election there. >> every state is an economic state. and, you know, every vote is an economic vote. the women's vote is an economic vote. it's not a vote on social issues and the real question is, do people wake up the day before the election and say, i want this guy who's in the white house now to stay there for four more years because i trust him more than the other guy to make my job situation better? >> i know what he's done. i beat a two-term incumbent. we could make the case, argue, if you had it you would have seen it by now. >> he's got 13,000 in the dow. three months of job creation. >> wait a minute. if we had the january job creation rate, if we had that, we would not still get full employment until 2019, the me

newt gingrich and mitt romney in real substance, like on economic issues, on the tax plan or on the ushick santorum's raising, over romney care and obama care and why should you be nominating newt gingrich instead of mitt romney? that's really the bottom line question, because voters want as clearly demonstrated they want the candidate with better chance of beating obama and they want the conservative candidate and i think gingrich was not able to get his message out that he is the conservative candidate and the stronger one and better one with the better chance of beating obama. i think is he. i wouldn't be here with him if i didn't think so. i think we were outmessaged and outgunned with money in the campaign by four or five to one in this case. >> it didn't seem a stump speech went by without speaker gingrich mentioning the romney attack ads. do you think he let it get under his skin? the romney strategy seemed it hoped it knocked him personally off track. do you think the speaker took the bait? >> i don't think it was a personal thing. it's the fact in iowa he experienced not coming

i'm wolf blitzer, and ush in "the situation room." >>> now we're learning that a leading contender forresidential slot also has a mormon background that was largely unknown until now. we're talking about the very popular florida senator marco rubio. cnn's brian todd is working the story for us. brian, what are you finding out? >> wolf, it appears marco rubio did spend time as part of the mormon faith as a child. we've contacted rubio's office, his aides confirm he was baptized as a mormon when he was 8 years old. his spokesman says rubio's family moved to las vegas in 1979, and they joined the mormon church when marco rubio was about 8 years old, with you conan says while still in las vegas, rubio and his family resumed attending catholic services. this occurred when marco rubio was about 12. this stories amend in "the miami herald" and. we also have to say rubio himself writes about his mormon experience in his upcoming book "an american son." this is significant, because many republicans see him as a favorite to get the vice presidential nomination later this we're. vp candidates are

ush shurd through bankruptcy. a took a budge of our money and coming out the other side. outraged by this and others are saying this shows that the bailout worked. now, one of the things that's interesting, too. >> so many different, right? so then this, we see -- >> caught. bailouts being bailout. it will cost us a lot of money. in the end, the american taxpayer, we gave them money so they could turn around and make to the tune of $10 billion a year. this company is hiring thie 13, workers. opening a plant in tennessee. all of them are pretty resure gent. ford -- one thing about gm is it us then't have to pay taxes for years as part of the bailout. which is something that i mean, if you were ford which didn't take a bailout, you would be like, hmmm. >> and the head of ford should not run for president because that's going to come back to bite him. hey, why should the average guy out there if he's feeling really angry about that, why should he maybe not feel so angry about that? >> whether you believe in bailouts or not, they happened. and would you be her more angry if y

if you'd like to hear more about the ush the issues, we have another jobs report coming out from theoyment number has been coming down and jobs been created it's been a slow pace and when you hear from your constituents, how do they feel about the economy and jobs picture in particular? >> there's a nervousness throughout my congressional district and throughout missouri. it is because unemployment is still above 8%, the cbo says that it's very likely going to remain at above 8% for some time, and so i think one of the things that's actually missing from this race, which i really would like to see candidates talk about in missouri, how are they going to create jobs? what can they do to inspire small as well as major corporations to begin hiring? a lot of it is psychological and so if i am correct, and i believe that i am, then we've got to deal with it psychological a and instead of attacking, we need to propose. >> congressman cleaver it's bob johnson. >> good morning. >> i thank you for the support and the congressional blau cuss to focus attention on the job market for african-ame

offer that the capital problem in the face of one and now another coming massive ltro is less of an ushried about capital because of leverage. not that the european banks are not doing a good job managing treea a triage coming out of the crisis. if you create capital you can argue how much is enough but there's a general understanding that european banks ought to have more capital. >> it's a today problem if they're worried about liquidity. we have time to figure this out if they're not. >> that's why the three-year period was an intelligent move. i'm saying the underlying issue has to be addressed. >> in some way scott it set up the same situation here the legislators were saying lend more and the regulators are saying no you can't lend more. you get the same die nappic going on in europe, raise more capital right into which would be more recessionary. scott, a lot of guys are watching gold pull back dramatically today as the risk on/risk off goes today. what are you watching? >> you have to watch yields. if the ten-year yield can get significantly above 2% that tells you all you need