. >> everyone join in with singing the national anthem, "lift every voice and sing," by james weldon johnson. ♪ lift every voice and sing till earth and heaven ring rang with the harmony of liberty let our rejoicing rise high as the listening skies let it resume armed -- resound loud as the roaring sea sing a song full of the hope it has brought us sing a song full of the hope that the present has brought us facing the rising sun of our new day begun let us march on till victory is won ♪ thank you. [applause] >> i understand that the mayor will be joining us in a minute. i have some other person's i would like to identify it as present. commissioner griffith is with us. also harlan kelly, assistant general manager san francisco public utilities commission, junior partner to our keynote speaker today. [applause] dr. veronica honey cut with the san francisco community college. a member of the board of education. dr. moses is with us. commissioner linda richardson is with us also. one of the things that is significant -- i mentioned that reverend dyson is the first woman ordained in the

executive order, longstanding law to protect things such as the church amendment, weldon amendment and prohibits discrimination against health care facilities and providers because of unwillingness to provide coverage of or refer to abortion. >> greta: thanks for joining us. >> thank you. >> greta: i it wasn't add one thing. we have e-mails that governor romney vetoed the morning-after pill in massachusetts but was overruled by the legislature. i need to check that one. you can, as well. coming up, you better buckle up. jim demint says we're on the edge of an economic cliff. and legal case, you have to see to believe. a florida man gets hauled into court. alleged crime being a bad husband. you have to hear the accusations and then the punishment. stay tuned. does your business have the financial control it needs? here's what you can expect from regions. a bank that provides you with real business expertise. check. a professional optimization of your cash flow with a regions cashcor analysis. check. cash management solutions and the smart lending options you need to grow your business.

. >>> before we get started with tonight's lightning round, william weldon, retiring. coming off the wall of shame. this is the j&j ceo who i know many people think has done a terrific job but i always point out that there have been so many recalls here that it was time for him to leave. alex gorski is the new ceo. like the stock very much and i think there will be a lot of wealth created by mr. weldon retiring. and now it is time, it is time for the lightning round on cramer's "mad money." what's that about? rapid fire calls. i don't know the questions ahead of time. my staff prepares the graphics on the fly. play to this sound and then the lightning round is over. are you ready, skee-daddy? time for the lightning round. let's go to jesse in california. >> caller: boo-yah, jim. hey, what are your thoughts on rr donnelly and sons? >> driving on 684 this weekend coming from boston. i see a plant and i say i'm going the look into that company and see if there is anything there. there is nothing there. this is a company that literally is a commercial printing company and

william weldon is stepping down. he'll leave the company in april. the company has tapped j&j vice chairman alex gorsky as the new c.e.o. the changes come after an embarrassing string of recalls of j&j's tylenol brand-- 25 recalls over two years. that cost millions of dollars and a big loss of consumer trust. >> j and j shares gained a fraction at the regular session. >> they have been traded at $55. go ahead with the rest of the market focus. >> for the first time since before the financial crisis, the dow jones industrial average touched 13,000, but closed just below that level. the blue chips finished the session with a small gain, even though the broad market was more mixed. since it's low in october, the dow index is up 21%. but small stocks have done even better in these times of uncertainty. the small-cap russell 2,000 stock index is up 35% since its october low, and the s&p 400 index of medium-sized companies has shot up almost 32%, both indicating investor appetite for risk. but some point to one concerning move by the dow transportation ind

. >> reporter: all this snow fell on tyler weldon's backyard picnic table in littleton, colorado, southeastin 16 hours. that's 16 inches. >> yeah. i think it's nuts and i heard we're supposed to get a don tonmore snow. it's ridiculous. >> reporter: it's the biggest storm to hit region since 2007. it forced the cancellation of 600 flights at denver's airport, triggered traffic accidents, closed schools and closed i-70 almost all the way to kansas. did it live up to expectations? >> i think so, for the month of february, it's the storm of epic proportions, by all means. >> reporter: snow removal contractor sam grandados plows streets for the city of denver. he has 400 trucks, 2,000 workers out battling this storm, dropping two inches an hour in some places. >> we plowed but it covers it right up. >> reporter: so you have to come back and do it gene. >> come back and do it again. >> reporter: brothers daniel and elijah harrison charge $20 to clear a sidewalk and drive way. the continuous snowfall is a bonanza. does it seem kind of futile? i mean you do all this hard work and then it gets cover

weldon people are looking for answers the problem is that thing in greece for example people are looking to to demonstrate their way that they did things like the government the current government so effectively you don't seem faulting happening because the left or the right wing parties have a solution to offer it's basically a volt i guess the current government and against the current situation so the problem with with all of these southern european countries any goes back to you know what these are started see as what what is that politicians strategy he's all right what is the alternative and we've talked about a common fiscal policy in european union the key question for me there is who's going to be responsible for that are we going to establish a treasury in brussels are we going to give more power to brussels are we going to increase the democracy deficit that we already have in your eyes anyway to many more questions we have time to answer what i mean all the ideas all acknowledge all of my guests today in london and in new york and thanks to our viewers for watching us here to

recall, recall, recall, and yet the papers are very complimentary, everyone has william weldon, we wish well. i took him off the wall of shame for a particular reason. he got on, because he was a value destroyer. i think the stock pops, because maybe at last the recalls come to an idea. >> look at the recalls. this was all under his tenure. >> is the stock did not suffer that much, certainly through the s&p over the period of mr. weldon's tenure, yet i think the image of this company, one of the great american companies was tarnished. >> i prefer the brothers johnson, because this is a company that literally was the best single company in terms of a brand name ever, and i now go in and buy the generic, the walgreen product, the cvs, i feel like i've beenhood when i buy the brand name. >> the creedo at j & j is well known, something that was set in stone back in the days of the founders of the company, and won wonders whether that will come back into play. >>> when we come back, opening bet, much more "squawk on the street" straight ahead. on goggl, like in a special ops mission? you'd s

. >> lionel richie -- >> reporter: weldon works closely with houston. on his facebook page the producer said we are so grateful to be a part of her legacy. >> ultimately was shock, sadness and then celebration. >> reporter: marilyn rubicon said the end came too soon but she gave them memories they'll never forget. >> whitney, we love you. >> reporter: christin ayers, cbs 5. >> you can hear more of the recordings on our website at cbssf.com. >>> today president obama rolled out his budget proposal for next year. the $3.8 trillion plan includes $350 billion to stimulate job growth. it renews the president's call for tax hikes on wealthy and ends tax breaks for big corporations and includes $4 trillion worth of spending cuts. >>> at a time when our economy is growing and creating jobs at a faster clip, we have to do everything in our power to keep this recovery on track. >> somebody asked me if the budget was dead on arrival and i said no, it's not dead on arrival, it is dead -- on arrival. >> and the plan would end post office mail delivery on saturday by

indy car, we talked about dan weldon. >> dan was a super guy. dan as the same. the ironic thing about dan, he was helping develop a safer race car. a new car for indy car racing that would be much safer and he was in the process and that car will be on the track in 2012. but dan was a great guy, sweet wife, couple of kids. it was a tragedy, man. one of the worst. >> you know i grew up in north carolina. >> car guy. >> car guy. i'm a car guy. i cannot, not ask you this. who is the greatest driver ever to sit behind the wheel? >> well, you know, everybody has an opinion, right? >> what is darrell's opinion? >> i think david pierson. the silver fox. he was so smart. he won 105 races. he won three championships. but he never ran all the races. he had a limited schedule most of the time. so the 105 wins that david pierson has. they're high quality wins and i loved racing with him. he would be one of the guys, you wouldn't see him all day, but when the checkered flag was ready to fly, he was there. >> who do you like this year, danica is full-time in

. >> didn't we have weldon on? >> right before he was -- right, right. now we've got to work on the new guy. >> we've got to make sure we're not like "sports illustrated." remember the cover of "sports illustrated"? >> kind of were. kate upton is on the cover. she's not peaked. >> she's only 19. >> she's not your cup of tea though, really, right? >> not really. >> like everyone else is. i'm not sure what -- right? i mean you've -- gwyneth, natali natalie. >> when we come back, we'll get to the story behind the tech giant's quarter warning. first we have a program note. on monday warren buffett is going to answer your unps. he's going to be live on "squawk box." he's got his annual report on friday. so you can read that report, e-mail unps about that or anything else you're thinking. you can e-mail him a at #askwarren. or you can tweet. that starts monday, 6:00 a.m. eastern time. right now let's take a look at yesterday's winners and losers. >>> pushing back toward 13,000 very rapidly. >> i think the more this the world can see that the end of the world i

they've also seen a management change, bill weldon will be the manager but not the ceo.particular change? how do you feel will johnson & johnson lately? >> johnson & johnson has messed up in a lot of ways in the last few years. you know, my friend jim burke used to run that. it does not have the reputation now that it had, you know, a few years back. still has a lot of wonderful products and wonderful balance sheet and all that, but there have been too many mistakes made at johnson & johnson. >> what went wrong? >> i don't know. i wasn't -- but clearly, they have not lived up to their own standards. >> you have not been selling your stake, though? >> no. we haven't been buying more either. >> why haven't you sold? >> well, we might. i mean, there are things i like better than j&j. the four biggest ones i've named. and conceivably -- we've got a lot of cash run, so i don't need to sell things. we still have 30 some billion of cash around, so i have lots of extra cash so i don't focus on selling things. johnson & johnson is still an attractive business at its price, but if