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incrcredible wt we have seen with the changes in the tax law, you're very knowledgeable. i hope you come back sometimes doing and tell us whatappened after the first of the year for these people. thank you so much. >> thanks a t. gerri: coming up the not the real danger to our economy is in the automatic spending cutsr tax increases on the fiscal cliff, it is the autotic spending in the budget. i will explain. and the newest republican senator center promising to shake things up in washington. stay with us. you know how painful heartburn can be. for fast, long lasting relief, use doctor remmended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. omnipotent of opportunity. you know how to mix business... with business. anyou...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or ave. and still pay the mid-size price. i could get used to this. [ male nouncer ] yes, you could business pro. yes, y

. >> wha we shouldn't do, i st gotta say this, wt we shouldn't be doing is try to take away your rightso bargain @or better wages to work -- [cheers and applau] the so-called right-to-work laws, they don't have anything to do with economi, they have everything to do with politics. [cheerand applause what they're really taing about is giving you the right to work for less money. lou: while michigan becomes the th state to ofcially grant workers the right to opt out of paying union dues, the state could have been the 25th with a right-to-work law. twenty-two othertate legislatures considered the pro-worker legistion this year, and three other republica governors, those of south carolina, teessee and india, signed bills intoaw. new hampshire could have been the 24th state to pass that right-to-work law. its state legislature did pass the bill, but outgoing democratic governor john lynch veed it. the president's public support of unions today poorly timed for another reason. chrysler's management forced to bow to the united autoworker union as the company rehired 13 employees who had been c

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democrat policies, we need to do as conservatives and be on offense talking to american people about wt the official in senate, there are thgs that i can do. but i can do more to take that positive message around the country and build coalitions with governors and organization, to prove to people to show them, that these ideas of make their lives better. i don't think that we' done a good enough job of doing that, this is an urgent time, i feel we can't wait another few years, i first intended to make politics my career, i have limit my term, this is just a good opportunity to elevate my gain. neil: did this is anything to do with you becoming a skunk at your own party's picnic, a lot of tea party's frustrated on what appears to be a hatchetting of tea party types in the house that tapper tarp that brought, -- tea party that brought your party to majority in the house. >>ense -- the senate is different, now i'm in senate with pat tumi and marco rubio, and soon to be ted cruz. neil: you are in a bigger minority now. you are not feeding the beast i'm throwing at you. there is a riff, that

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much more on the fiscal cliff, the negotiations that wt to college.e will take that up wit the "a-team" and throughout the broadcast tonight. arabs brg to winter of discootent. chemical wapons, iranian nukes, tensf thousands protesting ease of snow is dictated. is u.s. intervention next? carl oliver north joins us in moments. runaway spending, our natinal debt top $16 trillion. whis doing the math? my next gest says it is all rse than people no. former house ways and means committee chairman bill archer aftethe break. ligations, but obligatio. i need trethink the core omy portfolio. what i really need is slee introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 choose ishares for their etfs. ishares by blackrock. call-800-ishares for a prospectus which incdes investment objectives, risks, cha and expenses. ad and consider it carefully before investing. risk includes possible loss of principal. ♪ lou: $16 trillion in national debt, so put tat figure closer to a nearly $90 trillion. among them, a fomer

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christmas is a wonderful celebration and the toys and is part of wt makes it terrific. >> do we tend to forget that corporations do a lot of good when it comes to charity work? >> i think corporations especially recently have seen the social good is what they want to look at . susan g kolmanaso. people put their trusts in companies that do good. >> waynewill we see more is bey aring companies troying to give and help fellow americans and fellow shoppers in k-mart and toys rus. >> of course, it is it a wonderful thing and a charitable thing and people out of the goodness of their heart helping someone else . that make its better. >> you know, john, i have to say so many companies and the banks and everyone get a bad rap and get beat up on television . you have good news coming on toys r us. you like it. >> i love it the stories belong in a wonderful life. stories are so heart warming and parents that have bikes and they end up giving them to a kid for christmas. this is it a wonderful thing . the big companies tis so easy for politicians to go after they do a lot of wonderful good. am

. >> i don't wt to be cruel, christian. i don't want to be curt. everydollar comes back a a $1.90 a. forget about the stock market and investing and put our money in unemployment benefits. its it resting on a complete fallacy of economics that conequals wealth. it is the same that pelosi and you. cash for clunkers and house stimulus . shov ready stimulus jobbings. >> johthon why don't you listeto mark sand zandy of moody who advised john mccain's presidential anything. it is nhing to do with a progressive position it is facts and common sense. >> that'slet numbers there. john layfield. what do you make of all of this. >> i thin mk zandy is the wrong guy to wrote. christian this is good stimulus but not how you do stimulus. when you give people $300 that center a family and house to support. they have to spend that money and i disagree that americans are apathetic and lazy. they want jobs. you can find a person who doesn' want a job, you can't say it is it all americans. the 3.3 million people will slip in pover. what they need is jobs that. is it a

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john, tha is the systemic limit and that's w quality of education wt down and cost went up. (talking all at once.) >> something happened in the past 20 years it can be done with the public. >> coming up everyone. we'll go for longer school days and shorter work days for government employees and making them work 40 hours a week like most of the us do would save taxpayers ove a mi -- billion a year. mi -- billion a year. ♪ [beep] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frtline health workers bring hope to millions of children at everybeatmatters.org. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information

trade that you could get hurt and die if you don't have certain-- >> he was a construction worker and wtp, many stories. he fell a bunch of timemes,ot hurt. and coal miners, we're talking about unionizing people at wal-mart and that's where they've gone to work and-- >> and mcdonals. >> you might cut your finger. >>>> how about a journalist union, oh, a paper cut. >> and it's not the onl reason why workers need protection fm the emplers. >> do you think that wal-mart needs protection? they don't-- >> and my problem with this, they got this president reelected andgot out the vote and sayhat you will of the declining influence, they did influence the outcome of this electionnd i think that they're certainly trying t leverage off of that since the election. >> well, they-- that was one of many, many, many factors. >> absolutely. >> and after the election and the fact is, as we all agree, the private sector union is a dying animal and that they only can survive if they can thoroughly control the public sector and this is just another example of their slow, painful death. >> on that upbeat no

. >> and wt happens if i go out there online and start releasing secrs about the organization here? you're going to tell me-- >> that's already against the law. that's already against the law. that's already-- >> and i actually will throw this back in your face, that if you outl a company, even in s state broadly, from asng for someone's password, you reduce their operating sts because you he greater compliance costs, greater legal liability if that's what u're actually doing is policing the internet looking at perspective employees. >> i'll accept that, dagen. however, let's be honest here. if i have an employee at, say, they're up to no od, that's going to cost me more in the bottom line, legal costs, compliance costs. i want to nip it in the bud. >> and you won't have the besides. >> the employer, the employer is not supposed to be big brother supervising what over employee does in his time off. that's absolutely an outrage to even contemplate. >> i don't care what the do outside. >> why-- >> and putting it in public, the public domainin. >> no, no, not when they're at work, not

if we wt to spread this across engage the entire society in it -- a pot that has been advocatedd by no less than stanley mcchrystal and mike mullen, the former chief of operations and joint chiefs of staff -- theyre saying u cannot do this with an all-of volunteer service. [ male announcer ] this commercial is not about gettingios, it's about getting fi . that moment after you finally got it that you actually get it. the difference 100% fiber optics makes aand you say "woah we are not on cable anymore." when online videos aren't herky jerky, you get it. or when a movie downloads in two minutes, you get it. [ female announcer ] switch h to fios internet, tv, and phone for this amazing price online, just $79.99 a month guaranteed for two years with a two-year agreement. plus get $300 back. hurry, last chance to get this incredible deal. offer ends january 5th. fios brings you internet ranked the fastest in the nation. and unbeatable picture quality. it's 100% fiber optic 100% differentrom cable. so get fios for this incredible price online, just $79.99 a month guaranteed for two years wi

. >> wt's up with that, dude? >> you think tha gm goes bad again we're going it let that happen?give me a break. >> yes, as long as it doesn't happen while everything else is craving. >> and president obama ♪ dream ♪ >> that's what i say. >> and bipartisan to blame for this, the rate. i want to thank charlie and gerri, and naughty and nice, our gang has the the stocks that they say are just the right price. ♪ gonna find out who is naughty and nice, santa claus naughty and nice, santa claus is coming to town ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. disc

wt www.sfusd.edu. that i've received from the around prop 30.like to share that as superintendent i often and members of the communityj direction of our schools. and while we are fortunate to feedback, one of the concerns i hear from many is whether or not standardized testing in math an? english has narrowed what and how we teach our students. question is#v÷ux]ú mastery of specific skills and subject materials align to state standardscñ?ñ? in math and englh that are assessed, usingdñ?ñ standardized tests are only a small part of what is being taught in our san francisco the greatest academic achievement gains in english ani math educate our students in much more than just english and math. they are committed to science and social studies, arts, and other enrichment opportunities for all of our students. even in our mostpkñ?ñ? historicy underserved schools, schools that previously wereÑññ?ñ? underachieving, the following examples illustrate in concrete terms the district -- to educating the entire child. framework has encouraged non-fiction re

everyone wts a bailout and the president's going to get your votes one way or the other.estion is coming up more broadly, right now new jersey and an other of states getting a huge one because it s a cast catastrophe. >> and if it's beyond your control and-- >> the case is we voted for you, we get a bailout. >> and on the other side, detroit is in a multi-decade collapse that is beyond the scope, it's almost lik a hurricane. and i'm not saying it's totally insane for nem to get a disproportionate amount-- >> gary b, you le in maryland, should you and maryland be paying for what detroit or michigan is deciding to do with unions and pensns and how they got themselves in this mess in the first place? >> exactly, brenda. i kind of agree with jonas. i'm not sure i'd be so quick bail out cities with national catastrophes. they decided to live there and build there. but jonas it right, a lot of cities like detroit are avily unionized. they invested heavily in these gold-plated cadillac-like government pensions as the revenues have dropped off and diminished and detroit is a grea

ióñsgcr(p told you that child wt on. what part you guys don't understand. what part.ecurity there. you have the best security at that school. it worked well. something is deadly wrong at martin luther king school. there were a7rñ?ñ lot of mice t, mice everywhere. that's what the kids had. they did not have the things that the kids have out in the avenue. treat these kids right over here. what's wrong with this picture. >> thank you]ñ?ñ?. commodore sloan elementary school and i'm happy to announce indigenous people, which i'm glad our school took time to do. i was surprised even though wef? observed the holiday known as columbus daysvñ? weekend we didt educate our children on why we observed it. i found it ironic that something indigenous could be perceived as principals and teachers and parents weret÷ñ?ñ?ñ supportive d these types of events provide acceptances and understanding of other cultures and give us better understanding and appreciation of our own. so even though it was a labor of love and strong emphasis on labor and love, that this was a collaborative effort

to put in some music and she was a benefactor 57 i don't need to know the president is in charge but wt to do. local media tells me. >> but it can't be done immediately. i think that is a legitimate it local news function but look to the earthquake up couple years ago that was not much damage. what if it wiped out york and washington? it will work when nothing else does. others would have been knocked off. john: you'll learn about it from tv and radio. i learned about it now. >> i have a battery operated radio. >> the anchor man says this happened. >> this is a boondoggle. and you guys never stop. >> make sure the public remains safe. >> 12 hours after the storm began it look like the emergency alert because take shelter now. 12 hours into the storm i am not personally directing it at you this is government thinking spend the money for a second to rate stuff. >> you mentioned of local alert. we have to and include training for emergency workers say you are right. 12 hours is not acceptable that was a failure but to still have dealer system i appreciate the fact i got the alert that said

matsch -yÑ the -- mail a postal carrier he just not delivered it that would be#2"0n one thing it is wtdid after that got him in trouble. natan of san bruno he has been charged with credit card forgely, id theft, possession of stolen goods and more this delivered mail in san carlos, san mateo k prosecutors say he stole 3,000 pieces of mail, got the information from it, applied for credit cards, got them, then went+rñ shopping. the d.a. wants to deliver natan tocáo prison. >> may not be a scheme that had some success, not for long, we know it was a couple months, november, december, they were doing it before that? hard to gauge. >> hopefully this is isolated and it is nazis tell mick throughout the postal service. -- and it is not systemic throughout the postal service. >> reporter: he's accused of giving stolen cs to three friends they were caught, one turned him in. d.a. cessna tan appears in -- says natan appears in videos he is being held on $150,000 bail, going to be in court today will see where the case stands then preliminary hearing january 7th. terry mcsweeney, abc7 news. >>>

that is really wt we need, otherwise will we be facing this crisis year after yar. [inaudible] neil: we will watch washington for coming up next ♪ music kids will spend 15 minutes watching online videos like this one. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. >> a lot of the hostage holding mentality, the sad thing is that the governors measure, even in the title of summary said that it could be used for other spending commitments. so really, what you're doing you are doing is giving the legislature another blank check on spending is at an all-time high. who is the atm for that? mom-and-pop, and main street. the people that work for them. neil: i always think that, you know, democrats -- both parties have to work together to fix this. so we don't ever see that haven't materialized. again, easier said than done. in washington, it is like waiting to blank. we don't see it yet. when we get past this? >> well, i think when we get past it is when we make sure that the elected officials kno

neil: wt would you do? say, fannie, see y?ee with other guest, obama was o of the biggest recipien of campaign coribution from fannie and freddie when he was senator, they will not be shut dunn while he in the white house, but let's do everything we can to, kp them as small as possible, not let them grow back to the malig malignant entities they were. it does offense me as a taxpayer to see these people get these generous salaries courtesy, from uncle sam in order to do bad things, we should not subsidize housing, period. neil: when ben took over aig, he instituted higher pay, he did turn a lot of things around. so, there is something to said but aig is one thing, fannie and freddie? >> i would be more offended as a taxpayer after this rescue of the company, if the housing market does worse than it was. but, one other thing weould look at without talkso talking about doing away are fannie and -- awayith fannie and freddie, is address the rulators, this is a choic one that is already being discussed. they are ones that capped s

extend my most profound condolences on behalf of all of your fellow citizens for what you have seen, wttnessed, and what you have personally experienced. we will move on, we will never forget, we will in many ways be made stronger for what has transpired, and we will get better. we are blessed today to have with us the president of the united states, who upon meeting with pat and i just a little while ago, said that the most difficult day of his presidency was friday when he heard the news of that which had befallen this community. i assured him that connecticut, newtown, and sandy hook are strong, and i welcomed him on your behalf to our community. i now introduce the president of the united states. [ applause ] >> thank you. thank you, governor. to all the families, first responders, to the community of newtown, clergy, guests, scripture tells us do not lose heart. though outwardly we are wasting away, inwardly, we are being renewed day by day. for light and momentary troubles are achieving for us an eternal glory that far outweighs them all, so we fix our eyes not on what is seen, bu

saturday, swells will continue and you cann#wt see current wave heights. storm watch, yes.s a winter storm warning until 10:00 p.m. sunday, two to five feet of snow above 4,000 feet. it has been snowing there. wind blowing. there will be chain controls like right now, tomorrow morning make sure if you have plans it's going to be careful out there. mid 40s to low 50s and tomorrow afternoon, scattered showers, you'll need rain gear still, mid-40s around clear lake. snow in mountains there. other areas into 50s and a look at the accu-weather forecast is rainy sunday, christmas eve. and by christmas day, rain chance, rain returns by afternoon across the bay area showers wednesday, thursday, chance of showers, and then, friday, hopefully, you'll get a lot of rain gear for christmas? >> yes. >> we'll$< need it yes. >> thank you very much. >> coming up next, a relaxing day at the spa. >> ah, yes, for bay area mom who's really ooxz r. >>> bay area mothers who children were murder victims were taken to marinello beauty school, and got a full day of salon treatment. the women belong

we dramatically cut the capital gains tax rate from 40% to 20% before, so wt we are going to do is killmerica's entrepreneurial economy. gerri: let's get into the details of this. why you would want to keep these capital gains taxes low. you say it is an issue of double taxation. >> that's right. corporate profits are taxed at the corporate level. and they are taxed again at the individual level. with the dividend and capital gains taxes. george bush, to his credit, tried to do somethg about that and he chopped the dividend and capital gains tax down to 15%. the effect of that was to reduce the incentive for corporations to take on too much debt. if you tax equity too much, corporations take on too much debt. then it's more likely that the become bankrupt and to destabilize the whole syystem. gerri: you talk a little bit about competitiveness. let's detail that. low pital gains is important to our nation's competitiveness. but also, to the competitiveness of these companies that we are talking about. >> absolutely. let's say that you are a young indian or chinese entrepreneur with a sci