i'm know being yogi bear and saying there's a fork in the road and we should take the fork. an economic fact and the opportunity is going away. there may be a good business cycle coming but we know the long term trend here is heading in the wrong direction. >> that's not a big deal. that's not an abstraction it's a standard of living. it's warren buffett who talk about this and that's got to be addressed in the context of getting the economy growing again, dealing with the terribly high unemployment that still exists and so forth. so there's some very practical problems that need to be solved. but you know, all of you or most of you are experts on lyndon johnson that my reading of your book and others about lyndon johnson, yes, is that he was always engaged. and sometimes people didn't like him but even people who disagreed with him kind of liked his energy and his engagement. he could call these people and say i've got to have your vote because of that engagement. oba sll has not crossed that threshold where he is engaged individually, not just with the leaders in the repub

for 12 years, the american dream a phrase going into the 1930's is in genuine peril, i'm not being yogi bear saying we're at the fork in the road and we should take the fork. it's a fact and the opportunity is going away. there may be a good business cycle coming but we know the long term trend here is heading in the wrong direction. >> rose: james taylor and presidential his historians and journalists when we continue. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: james taylor's one of the most recognized voices in american music. the five-time grammy award winner sold close to 100 million albums. he's equally celebrated for his guitar playing, his lyrics and his distinct baritone voice. in 2011 taylor was awarded national medal of arts from the whitehouse and highest arne for artistic achievement. yesterday he performed president obama's second inauguration. ♪ america america god shed his grace on thee ♪ and crown thy birth with brotherhood, from sea to shining sea. ♪ from sea to shining sea. [applause] >> rose: i spoke to him

. >> there still is hope and as yogi bear said it's not over until it's over. they may remain the sacramento kings after all. long way to go. >> yeah. >> that's the sporting life and you'll be happy to hear the sharks will play tonight. >> we were there last week when protest erupted in a hearing on whether to hire a consultant. we'll have a live update on the city council debate. >> and thank you for trusting ktv you -- ktvu channel 2 news. we are always here for you on ktvu.com and mobile ktvu.

would go in the building and we'd sneak down in the basement and there they had all the costumes yogi bear and scooby doo and we put on the costumes and run around in the basement where the costumes and also i found all the archives and so i could see all the original artwork from all those t.v. shows and all the great art so it's really. and place to be at the time he mentions could the scooby doo custom but it wasn't scooby doo a cartoon from the body was but they had you know from theme parks the costumes the wind walking around. you used to work with george lucas one of the episode of star wars that the close there with the clones yet called for him why did why don't you work with him later he did like your work. you did still stick oysters there with yeah i think i did you know i did two seasons of course and. he was i was actually going to go over there and be work in the kind of start the animation studio for him and. i really wanted to go into feature school i've been doing television for about you know seventeen years at the time and i wanted to move on and. and so i was we almost

although the way this usually works is even yogi bear raw got 67% his first time out and didn't win until the second time. so maybe next year is barry bonds' year. who knows? >> isn't the message they were trying to send, the baseball writers got together and decided they would send it? >> the message is they are on to you. everybody knows that every athlete in the country is using. >> i think mike piazza didn't get in because his name looks like pizza and every time you see his name you want pizza and you don't got it. >> but everybody loves pizza so if you love pizza you should love him. >> but every time you see it you want pizza. >> and would use a fork. >> he should send a pizza to every one of the writers voting and as they eat it think of piazza. jay he gets tired of the piazza and poohy swraw ties and the thought that you are even talking about this makes him sick. >> you know who would have interesting thoughts is pete rose. i saw him earlier this morning and he said he has a reality show coming on tbs later this season. he said that five times. >> so he is really invested in thi

sometimes you just have to don the old bear costume, put yourself in yogi's hat or gentle ben's boo-boo's paws to understand this market. the dow roaring 85 points, and nasdaq climbing .59%, happy days here again. it's one of those days. see, we're always trying to understand the coloration of the market. but sometimes we literally can't do so unless we go to jelly stone national park and get all ersine about it. why? well, think about when you own a stock and something terrific happens but the stock goes down anyway. what do you think? what goes through your mind? perhaps you say maybe the news isn't as good as we thought. or perhaps i got to do more homework. maybe this news was already baked into the stock and that's why it didn't go higher. however, it's far more likely that you would be emotional about it. you would say, i give up. all that homework, all that good news, all those positives, they didn't matter. this just must be a horrible moment for the market, and it is a huge bear phase. that's where we are right now. huge bear phase, and i'm not going to buy anything until this ph

if you put yourself in yogi's bear pads, hey, boo-boo, what's going on in jellystone national park? if boeing didn't go down on the biggest product recall in history, you have to be fearful of betting against any stock. and heaven forbid if boeing which closed at 75 trades to 90, because stocks that trade to 90, you know the rest of the sentence. all right. how about dante in massachusetts? >> caller: hi, big massachusetts minute man booyah to you. >> i'll give you a patriots booyah, they're pretty good. go ahead. >> caller: i'm wondering with all the issues at boeing, if the sector transdigm wouldn't be better? >> we decided to sell the boeing. couldn't say the headline risks. technology is doing swimmingly. united technologies, honeywell, all make a lot of sense. i bless the trade and the investment because it's a multiyear cycle. jake in new york. jake? jake? hit me! >> caller: jim cramer, how are you doing today? >> couldn't be better. how about you? >> caller: i'm doing pretty good. i'm calling about panera bread today. i hopped on the stock's bandwagon and i think it has fabul

yogi the bear will not go down with clips and strips and drums the likes of which have been unleashedto the cities of american society and in the urban areas as well. the reality is we need a check on our own hubris as a nation to believe that we can enjoy unlimited freedoms that have no check of responsibility held against them and that the price we will pay for that is the death of our children. and let's be honest, your show among many others on msnbc has highlighted the fact that this is a scourge on all of our homes and nations. >> every single day of every week. every single day. >> and the reality is in black and brown communities even more so. but it's invisible and it's inaudible. we don't hear it and we don't see it because it doesn't effect us. because of newtown which was a heinous act of extraordinary evil and tragedy, it then highlights the other forms of heinousness and evil that go on that have not been exposed. and i think at least this will be able to give us a kind of launching pad to talk about some sensible reform in the face of extraordinary and complicated trage

>> it looks like we're headed for deja vu all over again as yogi bear would say.eaders, it is dawning on them they're in a very very tough situation. if they try to hold the economy hostage, the country is going to revolt against them and the congressional rating is going down below 10%. they know that's on their head and not democrats. so i think it is probably all going to work out. it probably won't be the best result for anybody but i don't think we're going to go over any kind of cliff again. >> stephanie: when you know when you're taking political advice from newt gingrich, something has gone awry. >> frankly, i wouldn't try that again. did i. >> stephanie: somebody was saying yesterday it is good the president has held firm. i'm not going to negotiate over that. i think you know, despite their rhetoric, it is starting to sink in right? >> well, exactly. see the figures that came out within the last couple of days that this deadline, the debt ceiling may be reached by february 15th. basically 40% of spending gets cut off. and the treasury is going to have to

. >> you said last night, you've got to put on a yogi bear costume to make sense of it. >> returning a lot to shareholders. >> one wonders. >> $12 million they're talking about. >> they have been increasing, of course, ever since the huge cuts that had to take place. what is it going to be now, four years ago, right? >> that period, $6. >> yeah. >> march of '09. amazing, coming up on the four-year anniversary. >> do you ever worry about your paycheck? >> yeah. i think you worry about money you had in any bank account or anything. sure. ge was to cushifocused in the ff '08, that was the moment where it could all come to -- >> that was after the ge bailout. >> sorry, not to revisit the -- >> we have to remind people where we came from. tim geithner leaving, david faber is worried about his paycheck. >> speaking of paychecks, let's talk morgan stanley. wall street firm reporting fourth quarter earnings 45 earlier on squawk, james gorman said his firm is poised to improved market environment. which shows a lot of promise if uncertainty is removed. take a listen. >> $90 billion is sitting