as the great yogi berra once said it's deja vu all over again right now millions of americans are still struggling to recover from the two thousand and eight financial collapse that collapse was fueled by the housing crisis when wall street banks were running around betting on risky mortgage backed securities that they could sell to investors and make billions from they were able to do that because the gramm leach bliley act in the commodity futures modernization act had basically been blown up rational banking regulations and as a result we saw things like so-called mortgage liar loans banks those were able to turn billions of dollars in risky mortgages into true rule humans hundreds of trillions of dollars in derivatives and then of course everything went to hell fast forward to today and because of dodd frank there's no more law liar loans banks just can't run the same old scam if they did during the housing crisis so they found a new way to come up with a real estate backed securities that could be turned into a derivatives thus worth billions in profits how they become landlords as

as the great yogi berra once said it's deja vu all over again right now millions of americans are still struggling to recover from the two thousand and eight financial collapse that collapse was fueled by the housing crisis when wall street banks were running around betting on. risky mortgage backed securities that they could sell to investors and make billions from they were able to do that because the gramm leach wiley act in the commodity futures modernization act it basically blown up rational banking regulations and as a result we saw things like so-called mortgage liar loans bank stores were able to turn billions of dollars in risky mortgages into truly ans hundreds of trillions of dollars in derivatives and then of course everything went to hell fast forward to today and because of dodd frank there's no more law liar loans banks just can't run the same old scam if they did during the housing crisis so they found a new way to come up with a real estate backed securities that could be turned into derivatives thus worth billions in profits how they become landlords as marilyn valan

you're making yogi berra predictions difficult for the future.he question is, should that be at the top of our agenda? >> by the way, just for people who have been watching this and wondering what we're talking about, you obviously got the entitlement programs. they are exploding over the next 20, 30 years because it's demographics. then you got short term, when you talk about infrastructure, we're talking about domestic, discretionary spending takes about 11%, 12% of the budget. that's what both sides talk about over the next decade because they don't want to touch entitlements. >> so, your message is we need to deal with entitlements and also don't cut infrastructure spending. my message is don't cut infrastructure spending and then maybe we can deal with entitlements. >> my message is we got a coming collapse if we don't take care of our entitlement program. >> that's not necessarily true. >> i wish it were a long way off. >> i feel like we're talking about climate change. my god. >> it's very different. huge difference. >> long way off and ma

except for yogi berra he had the moi's -- the most in an interview he had with a toaster. >> he had thes to his toaster. >> that was good. liz, you love watching players get hurt. i have been told that many times. sometimes you go out of your way to hurt them. will you stopwatching baseball if they ban these collisions? >> no, you know, listen -- boy you just showed footage of a catcher taking a shot to the jaw. but i get it that the catchers need protection. then i wonder is this where mayor michael bloomburg ended up? >> if he was running it there would be no baseball. >> what would they be doing? >> they would be walking around the diamond drinking like some kind of herbal tea. >> very small. >> i don't know, andy. you always tell me when you are catching you wear protection. do you feel that there is too much danger in baseball? >> usually i ask the pitchers to wear protection. it makes more sense. >> i don't understand that joke. >> this is a double on tandre. >> in 2010 the world series and in 2011 he was taken out at homeplate in may and in 2012 won the world series again with hi

. >>> i heard someone today talking about facebook, talking about yogi berra, no one goes there anymorewded. do you think facebook has come of age? >> it is one of the things, when your parents are on, you don't want to be on. i think people are experimenting and looking at other areas. facebook is such a broad demographic, such a massive scale of people, it is not going to go anywhere any time soon. i had to remind myself of world population figures. you very quickly got to more people. they are a massive company at a scale that twitter is not very close to yet. >> ben schachter over at mack quarry. >>> facebook up up 200%, almost 300% this year. house of cards taking home the first emmy for a web series. our own julia boorstin on reed hastings, one of the most influential people of 2013. >> reporter: in 2013, reed hastings proved a try iconic class, redefining the nature of television, with original, exclusive shoes, streamed over the internet, starting with house of cards that debuted in february ahorror thriller and orange is the new black in july, a comedy thriller. these are the v