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This guy is saying we are talking $2 trillion just in the pensions alone. >> reporter: its been a big, big story. we followed the money almost nightly. we had a graph i can about a pension bomb, a bomb overhanging the economy ready to explode. $2 trillion. we heard estimates up to $3 trillion. the piece you are referring to, meredith whitney said there could be between 50-100 high 4 profile municipal defaults due to pension obligations going forward, towns, municipalities, and states owe employe...

>> the stock market is a safe place, despite the indices and dour two and a half year high. one potentially bubble in the bond market and parallels drawn between it and the tech boom and bust we saw in early 2000 and the technology market in the early part of the decade. a lot of investors are doing na in the bond market and the parallels, both sets of investors concerns about a bond bubble burst. >> harris: you saw the the graph we put up of the dow on that upward swing, people on main street n...

Numbers saying the country is on track when it comes to this space. but so you know, it is common by the way according to gallups poll in histor to see the presidents party, democrats in this case, feeling better about the way things are going. the biggest problem the country needs to solve, it was the talk on "meet the press" as well. >> tough issues. there are so many difficult issues right now. we have an economy thats still suffering being so close to a 10% unemployment rate doesnt tell the ...

Are tough on this and senator schumer reflects it, because democrats know its a difficult fight. look at the public attitud cter measures since 1990. we have a graph we can show you. 78% favored it, down to 44% in 2010. that being the case, even as a supporter of gun rights, as congresswoman giffords is, can you not look at areas of access to weapons, but also looking at limiting the scope by these magazine clips and saying there may be something thats common sense here? >> again, i would tell y...

Schumer reflects it, because democrats know its a difficult fight. look at the public attitudes about stricter gun control measures since 1990. we have a graph we can show you. 78% favored it, down to 44% in 2010. that being the case, even as a supporter of gun rights, as congresswoman giffords is, can you not look at areas of access to weapons, but also looking at limiting the scope by these magazine clips and saying there may be something thats common sense here? >> again, i would tell you tha...

Make no mistake about it, the changes are hard. senator feinstein tried to bring the assault weapons ban back on the floor and it didnt pass. were looking for things where we can maybe find some common ground and get something done. >> senator coburn, the politics are tough on this and senator schumer reflects it, because democrats know its a difficult fight. look at the public attitudes about stricter gun control measures since 1990. we have a graph we can show you. 78% favored it, down to 44% ...

Expensive than the other -- $1 .25 more expensive, the common understanding is there will be more alcohol in that cup. it is deceptive business practices. >> deceptive is one thing. it is a coke and a smile. >> depending on the coke you are talking about. >> congressman, first they come for the beer and whats next? wine spritsers? then it is over for me. >> and your umbrella drink. >> i think you are way overthinking this. i have to get back to my example. if she thinks she is getting more beer ...

Over on january 5th, will filibuster reform be the next big fight on the hill? joining me now are norm orenstein congressional scholar at the american enterprise substitute and ezra kline, columnist for the "washington post." >> ezra, that graph is yours in terms of clocking up the system with cloture motions. i dont like to call them fill busters because technically they arent filibusters but i might slip into the casual usage of it here. and that does bring up the question of filibuster reform...

Leveled at his methodology. studies show a key step in his technique to generate a hockey stick even if random numbers are used. this was the case in the first seven panels of this chart. >> he used a mathematical technique that loaded all the weight of the final graph on these pines that discourted -- distorted the picture. >> sean: when the hockey stick is compared to another tree ring graph the results differed sharply starting in 1960. showing mann and jones struggling. >> what are they goin...

Shockingly the medieval warm period was removed from this graph which became the iconic image of the panels 2001 report. >> instead of a big bump in the medieval period as had been in the 1990 report and much lower temperatures since. theyve straightened out the bump and produced a huge increase. >> sean: more troubling a finding in the ipccs first assessment report that the warming weve witnessed over the past few decades could be due to natural vary ability. scientists who contributed to the s...