keep our economy going,. lori: nobody is going to disagree with you. the jobs report was encouraging but a lot of the economists forecast the number will be reined in once the sequester cuts go into effect, the big to do in new york city today, is the federal judge, overturning soda ban, insteaded by mayor bloomberg, everyone shaking their head on this one, you know, mayor s of saying they will appeal this but enough. i know the judge probably was right on the law, but i sympathize with the lawyer in his attempts obesity is a big problem, if you want freedom to do this i say, sign a waiver saying you will not make a claim to public dollars for your health problem. lori: i got to run. history will determine, thank you, the a-team, that is lou dobbs tonight, coming up tomorrow, greggua wall don. thank you for joining us, good night to you. neil: i have been to ground zero, let me be first to report the housing recovery is real if washington stays out of the way. welcome i am neil cavuto, just back from florida. i saw it for myself, home of the meltdown is looking up, florida, is looking sunny again. or sunnier. i spin better part of last couple days seeing what a heard of realtors i respect and i trust reporting, they are no longer freefalling, there is a different, for florida, and the country, that given could be profound. prices are up across state. particularly miami, palm beach arena. now, let me be clear. double digit percentage jumps. some are depressed levels is not what i would call a boom, and once hot properties are still well off 2006 highs, by any layman s definition, constitutes something closer to a bust, true, but all changing, and fast. you know what i discovered, the realtors biggest worries going into the housing market spring and summer buying season, there? not that there is not enough buyers, they are panicking because there will not be enough sellers, the buyers are up buthe homes are not for sale, but not as many for the demand, not just in florida. this is playing out across the nation, much is predictable, many owners in florida like elsewhere are underwater, they need to see value of their homes exceed what they owe on those homes. that is moving owners way but not fast enough to satisfy a lot of owners of those homes or rabid realtors who want to list the home, for now it is a florida catch 22, but a predicament most would rather have than not have, i heard large high-rise condominium projects are resumes again in miami, and reports that lenders of the sunshine state are seeming to take on a more sunny disposition to lens, period, and reports that builders are breaking more ground on projects long delay, not only in florida but nation, something has to be changing, so, my amateur predict circumstance at least, worse in housing crises is over, if washington just stays out of the way, to let financial nature take its course. no more mortgage reworks, no more fixes that produce bigger fixes, no more punishing bankers for aggressive loans done largely at the behest of the government that 1 demanded lend or die, let this thing grow down there in florida. let the market to do its thing in florida. because it is ink baiting, it congress and white house it just stay the hell out, similar come back for the rest of the country could be in the offing. or, am i just off? to some top real estate experts, florida uber realtor katrina campage joining us as her strong new york counterpart, dotty her man, how do you define it. everyone that you said is on point. our biggest concern now as real estate professionals is we don t have enough inventory, i state that people think we re out of our mind, you know difference this time is 1980s most demand was coming from south america, now you have demand from south america but also so many other continents, there is a influx of international buyers, you have a lot of people coming from the north. and they are no longer just snow birds, they are spending a lot of time here in florida, florida as a whole getting strong as a market. if this continues it is slated to be third largest state in the nation. neil: problem is that, sellers are not pelting their properties out there maybe for variety of reasons, it is creating a weird conundrum where demand is there but supply is not. demand is across the country, i came back from san francisco, with biggest ceo of real estate, there is not a market that doesn t have that has enough inventory,. neil: the problem? it is a lot of things, it is pent-up demand, a lot of people have not done things for a lot of years, itself their equity starts to come back they can move, they pretty much know it is bottom. so they figure, you know, already reached bottom we can make a move. neil: sellers are they just waiting it out, if it has reached value? they think that interest rates might go up, you know, we have low interest rates,. neil: that is already happening, katrina, what is it going to take, i can t believe i m saying this sellers to start selling, they are the only part of the equation that is not coming in. you know what is interesting most of our buyers are cash right now. neil: you are at high-end too. high-end their cash but not everyone is like that? i am, and to get sellers to sell, they are going to have to pay them top dollar we would have never thought it would occur inned. flood at this point, it has become such a destination for that international buyer, the amount of buyers that i have right now in the side line waiting for that perfect property is frustrating, i can t locate that right home for them because of lack of inventory, if i were a earlier right now, now it time to get top dollar for your property, but overall, as you said, the inventory around the nation, is very low, and west coast you see the same thing. neil: you know, dotty, what i m not seeing is next logical leap, bidding wars on properties. that would be next logical step, right? we re seeing it and it is across the country, it is happening. i told people. neil: why are prices still by and large, well off the worse levels still low? well, they have come back, it they have come back from something that could be up 20%, depending on where it fell. neil: if you are a perspective buyer would you not want to be in that party, why are you holding back. they are not, the ones that move and request move are doing it. you mentioned there is a lack of supply. because there is a lot. neil: why are know more sellers coming out. it has a lot to do with the unemployment. insecurity that people have about the next hike up, you know, to move up, a level you have to bey is cure you will abable to make that job, people that are savvy, high-end, they are all doing it, they also know if they have extra cash, 3%, i mean it is not returning anything, in the 0 middle. that is a hard jump to make with so many uncertainties. neil: katrina, i mentioned my concern this government would try to get involved. i think with best of intentions, but to little avail, people try to keep in their homes get thrown out. because the rework program does not work, my best advice, for government to stay out and let the market do its thing, it will be more efficient, it will be better, it will not put an artificial veil over this, what do you say. i agree with you 100%, for last 2 or 3 years we ve been discussing the band-aid fix issues, we need to let paper take its course. and another component are develop ores that are coming back into the market this time they are coming back smarter, so many of them that suffered during bust, are now building more inventory, that will be great for south florida but they are doing is wiser now, they are not letting people come in buying 5 to 10 properties, with speculation they will flip them. so that is another component in our favor in florida, i agree, i think that government needs to stay out and let supply and demand dictate the market. you are right. we re seeing developers all over, across board, taking bigger down payments in new york they would never allow a person to buy 10 or 14 properties and not live there, we didn t that have problem, but it back 92 we ll see. you know, weather was perfect. go way thank you. what if i told you, this could go boom depending on something government, the actions of a guy named ben. then, chance just prove, 48-year-old light heavyweight boxing chip chp of the world, bernard hopkins is here. age is not a enemy to me. the clock is not something i m trying to stop. it still goes forward. neil: there is a wild card in this housing ament. ben could throw cold water on it, mr. easy money, say some say that cheap money we ve gotten used to for years backfires to ben bernanke and company, unlike anything we ve witnessed in years. they could what happens when the fed has to slightly ease off. look. what happens every time ben or any of his colleagues hint of doing so the markets tank, the latest bull run was largely fueled after ben made clear he was not going to do that any time soon, but things already getting long in theeing too, what happen in the tooth, what happens when buying slows? then what, to katie and michael and david on whether we re all punched when they take the punch bowl away. i think we are, looking at way that federal reserve handled the economy we pumped trillions of dollars in the economy. ivanov seen long-term wealth development from that or long teacher growth development long term growth development, what happens when they collect a record number of taxes there is no longer enough money to keep pumps into the economy, and market see him maybe pullback just a little bit, and we see markets tank. there was a time, we saw record highs of market come days apart i think we ve been seeing is people trying to get their last good moment in before maybe the federal reserve backs off a little bit. you don t see them backing off dramatically any time soon, michael? even an amoeba that has had multiple concussions understands. federal reserve cares nothing about inflation. they care about preventing deflation. they want to create inflation first and foremost, that is spilling over into the equity market, they levitated a consumption bubble, they send transfer payments out almost no cost, they will withdraw liquidity, i say in 2014 benghazi said ben bernanke saids we ll do 40 billion a month. neil: but, inflation is already here? it is, how can anybody say that inflation is not here? inflation is most pernicious in the bond market. what are we doing with a two-year, treasury note, they have amassed 7 trillion of new debt since great recession bebegan, why would we have day 2% yield on a treasury note. the n2 money supply is up 7% year-over-year, that is definition. neil: seizes disaster. something to keep in mine there is so much money in the world, we get focused on the fed, there are those chinese savers, countries with big account surpluses. neil: you wouldn t want to hang your hot that would. you in general, we live in a world of cheap money. neil: maybe owing to my years we remember inflationnary spikes that recent phenomenon has been an exception not the rule, i am worried that we return to the rule i remember, and hyper inflation, something that once it appears, is very hard to put back in the bottle. we re talking about inflation on your show, but we ve not heart a lot about it in other places, we ve seen this idea that fed was to fix things we wanted fast and cheap money at the beginning to fix the problem. and a couple trillion dollars later we re in the same position. neil: does that mean you are worried or not. i would be worried. i think wall street shows from a day-to-day basis that they operate on a day-to-day basis. neil: they are not showing it yet? michael. have your viewers put up a chart of copper, where it was a decade ago, and oil, $20 a barrel, for decade after decade, if federal reserve in early 2,000 take oil from $20 a barrel to $2147, and lets to 147, and let its sit at 90 to is not inflation. neil: it is here. it is here. we need to deleverage, commodities need to be lowered. inflation is not a big worry right now. where it is that money going? it would be nice to see prices of main things go up, such as homes. i think we ve seen the prices of a lot of things go up, gas is one of them. neil: i hope that guy on left is right. we ll take a break here. later on we get you back, but, now it is a joke, president making light of sequestration at a fancy washington dinner. if i were there, and i was invited, i don t know that would make me vomit more, president joking about sequestration or whether he was doing this a few weeks ago. the greater the damage to our economy. this is a slow grind that will intensify with each passing day. so let s break down this play. charles? uh, charles couldn t make it. his single miles car blacked him out here and here. he should have used. the capital one venture card. he s coming to us from home. hey fellas. hey baby, you want mama to iron your undies? nice tightie whities. i didn t know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sailboat. what s in your wallet? you have a sailboat. today is gonna be an important day for us. you ready? we wanna be our brother s keeper. what s number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let s go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world s cleanest gas turbines are now powering some of america s biggest cities. siemens. answers. hey, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. you always do what they tell you? no. try it, and see what your good driving can save you. you don t even have to switch. unless you re scared. i m not scared, it s. you know we can still see you. no, you can t. pretty sure we can. try snapshot today no pressure. neil: okay, now it s funny, president making light of sequestration cuts he once called catastrophic just a week earlier. even kidding about sequestration cuts with lines like, my joke writers have been placed on furlough, there is one thing in washington that did not get cut, the lidge of this dinner length of this dinner, more proof that the sequester makes no sense, remember the anything but funny warnings from same guy about the same sequestration. of which no good become at all. longer the cuts remain in place, [ laughter ] , the greater the damage to our economy [ laughter ] , a slow ground that will intensify with each passing day [ laughter ] neil: a latch trac laugh track u didn t know it. we did it to make a point, the president not so humorous 180 on it we could remember, a few weeks back, hell was coming, now it is a joke line. this is their new strategy, they realize they have become a punch line, they are laughing it off like no big deal, but they are trying to make the cuts as painful as possible, that is what white house cans consolidation of cancelling the tours is about, making it at painful for the public as possible. and national park service has been told to make it painful as possible to public. they hope that in time, people will realize, well obama administration was right for making this a big deal. becauses cuts were very painful. so that is what it is blaugh about it now, but make it painful for the public. neil: you joke about it right now, and in this weird juxtaposition. under your watcher, so, normally you could take a quick bow, and credit for that, but he can t because, that is acknowledging things are looking up or, that the sequestration cuts were not the hell that people thought they would be, joke on him? right. and i think a lot of people are upset how he handled the sequestration, he made it out to be a huge deal, there was no long lines at the airport, our food is not contaminated, people are upset about a sense of entitlement among government employees, the public has been suffering through a horrible economy for years won. job cuts and layoffs then it touched public employees 37 it s, then it was y2k all over, and world was going to end, the americans were upset, they have been suffering through the realities of the economy for years now. neil: you can get a reputation you know for fear mongering too much, the american people might then say, he is whining about stuff again, and the next washington dinner he will joke about it afterwards, we see a pattern we re not getting snukerred. right, he is doing is he is under mining his presidency by, making it out to be this huge deal, it not happening, so he is trying to back off now, and make it seem like, well, i wasn t exaggerating it was not as bad as it was going to be. neil: one of these days you will have to be afraid of something, i can threat en my kids all i want it falls on deaf ears if i keep on doing, one of those times if you swallow it, it really will poison you, but to gets old after a while. you see the google map images, they are cool, what if i told you that when the photographer was snapping he was spying, if you find that offensive. wait until you hear how much google was fined for doing this. neil: i spy something sickening, google gets caught in capturing wi-fi information while snapping pictures, they were fineds there are sensfine$7 million. about the same it makes in an hour. i was shocked not only by the behavior but the punishment for the behavior. what is going to stop it? people saying no all google products, and instruction that google intrusion that google does, with the point, or tablet or new computer, google comes at you saying we want to track you on your phone, and tablet, and this service, and free e-mail service, these services are not free. or cheap, the cost is that google takes your data, doing what it wants with it. including sharing it with federal government. you are the soap when you use google service, and they sell that data and they make money from it that 7 million is a pittance. neil: why were they fined so little? the legal issue is touchy because the laws are lagging. the people who have their data taken in an unauthorized way could sue google for damages. it goes back to attorney generals of the state, they are political candidates, and they have to raise money, and work in a political situation, and google yeah, you know, i didn t understand in this case, is, i understand the convenience of google maps, remember when apple it its own map program, and everyone said no, we want google. this was going on, as if people weigh this at home, and say, i know there is aarisk they will snoop on me, but their maps are so great, that is the trade off, how did you dispel people s notion that there need not be a trade off for new technology, and your privacy is not one of them. your privacy does not need to be a trade off, a lot of people feel, it is hopeless, google is biggest data collector but not only one, you can. you can vote with our actions. and not do it for example those free e-mail services, use one, or a low cost e-mail service that does not take your data. neil: how do you know? i could give you a line. i don t know, i don t think they all lie, and dougal is clear going to sell clear. google is clear 92 they say, we are stealing your stuff. yes, and if use a google app, you put your business files on google app their cloud service, google owns a copyright to your own intellectual property, use a different service or go through settings get help from someone, to use a more private service, i have something people can do today right now, this afternoon, don t use google.com. go to a service like other search engines that do not track you. start a different service that does not do the tracking. ira very good stuff thank you, sir. if you, neil. neil: bernard hopkins, hopping into the ring at age 48, walking out a world champ, see a pattern. steve martin, 67, knocking them dead at the box office. this past weekend, bernard hopkins is here. why old is the new young, he is actually proof. amazing. i saw this guy. neil: they used to say you are washed up once you are 30, someone forgot to tell that to bernard hopkins, the 48-year-old became the oldest boxing champ this last week, beating out a 30-year old. hillary clinton is front-runner for next presidential race, by which she will be design years old, and joy behar stepping down from the view to pursue other opportunities at 70, and some people work longer because in a have, to others push father time because hey wan they want to, bt first to newly crowned, ibf, light heavyweight champ himself, i saw this fight, bernard hopkins, good to see you. thank you. neil: congratulations. i think that midway maybe they were hoping that grandpa would not hurt the young kid too much, what happened? grandpa did a prayer too in the dressing room. a long with these people that inn the audience,. neil: how do you feel. right now i m soar, that is normal after a fight, when you get hit. you know, with 10-ounce gloves, with heavy fists in the gloves, cloud is a puncher. he had 4 people out of 25 fights survive the distance with travis cloud, but i file, overall being 48, with 12 grueling close rounds of fighting with the guy, 18 years younger, i am ahead of the game. neil: your light mom begged you, before she passed away, begged you not to fight, i think past 40, here you are, i guess she was concerned for your health and safety, i am more concerned for your opponent s health and safety, how long you going to do it? when the competition to me, not in front of me, out there but, until the love of the competition, and a challenge, becomes boring to me or becomes something that i am doing it on the emore,in emotion part, i ame of at light, very few ofs that you fight for other reasons than just fighting, through history, it means a lot, because i believe history lasts longer than money. i believe that certain athletes come along, every 50 years or more, where they can do things longer and achieve things longer than the next guy who was also a great or good, i just want to get all this out there. my no mother wanted me so retire after the trinidad fight. i know she would have said get out of there with the oscar de la hoya fight. she would have said, what are you doing, we come from the projects, what else do you need we moved to germantown, but that is mother love. neil: what are you trying to prove, you don t need the money. unlike a lot of boxers you hang on to it invest it well, but, what is different about you and others who have tried to push can i ask why i m still fighting it, this is important, i was answers all week. at barkley center, why hopkins continues to do what he has been dig for 25 years, with affection is because, i said i have always been a third child in the house, roy jones jr., the great james tony, and then myself, roy jones and james tony had exclusive multimillion dollar contracts, not only once with hbo, and then they got another one, i was a renegade in a positive way, always fighting to get recognition, and respect. neil: you got it now. but listen. now, the light seems to be on me alone. i seeing now i am 48, time has came so fast at 48, but my body and youthfulness have not caught up with 48, i ve saying to explain not to justify, if i did this the opposite way if i was 35 or younger. would people say i should leave, i see a movement here that 40 and up club that is do it, and take care of their bodies in 20s or 30s whether athlete or housewives or husbands can look at me as an inspiration keep our body clean, don t take shortcuts don t to the right way, and the healthy i way, why not take what i do as a lesson, and add to what i have done. say, you eat, take care of youred about, you rest. neil: you do not eat junk at all. i am telling you, they got a big, they big picture on internet. boxing. i am eating junior s cheese cake. neil: i think most of the time you eat healthy stuff. all of the time. neil: you eat junk? i m no. that is why my insides is note like 48-year-old, last time i heard my doctor said my blood is like a 25-year-old, i was 43 then. neilthen. if i have done this one time, okay. you can make an argument i was lucky, if i have done this maybe a second time in a different way, but still, was accomplishing something, say he is very fortunate. neil: have you done this a lot. i got a history, that longevity, no magical trip or book. neil: if you do that and eat big old cheese cake, i m all the more impressed. that means i got a shot. i don t eat it all the time. really? that is too bad. i don t drink, i don t smoke, i don t hang out at parties. i don t abuse my body come in ought 4:00 in morning, to that is wear and tear. i m a preserved guy, that a human, but understanding discipline i got. neil: we re the same, i do the same thing, i get up early in morning and practice on prompter like we re joined at the hip. i m going to the gym after i m finished with you, train, less than 82 hours after my fight. neil: i m heading out to the pig and whistle after i m done here, what do you is amazing, keep it up, it is, mazing how we re so similar. 40 and up candidates, throw away their cane, put your teeth in let s go. put your teeth in thank you so much bernard. love you man, take care. neil: same here. all right. anyway, 48-year-old boxer just say, with his fist the other night what ronald reagan joked about in a certain presidential debate. i will not make age an issue of this campaign, i am not going toke floyd for littltoexploit fs my opponent s youth and inexperience. neil: is it started with ronald reagan back then, that this is his moment? it depends on purpose, and thanks a lot for coming to me to represent old age, neil. neil: you and me both. i appreciate it. neil: is there anything going on, hillary clinton considering for president she will be 69 thin, and joe biden contemplating running for office, old is young. well, when you and i were born in the 50s, neil, average life expectancy was about skate. 68. neil: but you were in an 1850s. i didn t say which century, hillary clinton her life expectancy is mid 80s, looking at the tables it depends on the 57, the more active you stay, as mr. hopkins was trying to tell you, the more active you stay, and stay away from all that ice cream you eat, neil. neil: i tried to talk him over, he cheated once, i would like to make it the rule, he was not going there i would have been rougher with him too. what is going on. i talk about joy behar stepping down, and barbara walters strong at 82, i think new newscorp chan is 83, what is happening? well, regis philbin got a sports show on fox at age 81, that gives us hope, we have a better quality of life on the whole, we eat better, and it has nothing to do with mayor bloomberg s rules, our food is better prepared and healthier, we re more careful about what we eat, and about exercising, you and i the exception, on the whole, americans are healthier, they can do more longer, whether it is politics or sports or other fields. neil: it is amazing. great having you for your final appearance here, larry. always pleasure. if you, young man. neil: professor thank you. still waiting for those trillion companies are stashing abroad to come home? keep waiting, it is not lapping, the numbers that you find, jaw dropping. what s number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let s go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world s cleanest gas turbines are now powering some of america s biggest cities. siemens. answers. we don t let frequent heartburn come between us and what we love. so if you re one of them people who gets heartburn and then treats day afr day. block the acid with prilosec otc and don t get heartburn in the first place! [ male announc ] e pill eachmorning. 24 hours. zero heartbur neil: company international business time calls jedi master of avoiding u.s. tax action. get this not just ge but microsoft, apple, and google so many more, a record number of u.s. base nonfinancial companies putting money abroad to escape the tax man here is legal. according to wall street journal, 60 of country nonfinancial firms kept more than 160 billion bucks outside of the u.s. irs figures, the situations is worse than that. the total amount of liquid assets held abroad by be north of $1.5 trillion. katie. well, i think we have got realized yet here in washington, d.c., these companies have not compete on a global level with our current tax system. you talk about reforming the tax code, yet we have not seening anything put on the table. when it comes to reforming that system bringing this liquidity back from overseas invest it in growth. neil: i think so but michael they did this before the tax rate jump. this is not new news, i think that fear among both parties is that if this money comes into u.s., it will send our dollar skyrocketing, and what does a keynesian fear more than anything is a rising dollar, imagine what that would do to corporate earnings. neil: but we need those dollars. i would agree, but my question is, does anyone in washington care about cutting spending or corporate tax reform, if they did, why has is not happened yet. a lot is piling up in offshore tax havens where the tax rate is basically zero. neil: to be fair, a lot is in europe, since their operations are there, they are aligning their money there. huge amount of it is also in these tax havens, and you know here is the thingg reason so much cash is piling up oversea z because we have tax deferral, corporation did not day taxes on their prop do not pay taxes to profits as long as it is kept overseas, get rid of tax deferral, make them pay taxes now to profits, we don t have their problem. but corporations their money overseas where the growth circumstance consumers are in bet pore sig to handle debt situation. better position to handle debt situation. neil: i could say one industry that is keeping its money here, and taxed through the snuker is oil industry. and may make a lot of money, but they are only industry they have at or close to top rate of now northern 39%. no one will you know, give them a pat on the fannie, maybe a kick in the fannie, but i wonder about these mixed message. i would say it is iron make obama administration is always demonizing oil companies that are actually paying that almost 40% corporate tax here, providing good decent and well paying engineering job. we have this is yes, general electric overseas not bringing jobs home. i have so many worries on my list this is down on the bottom. neil: are you worried about this in this is money you could spend. the big problem is, corporate tax revenue used to make up a sizable slice of all federal revenue now corporating pay low taxes by historical standards, individuals are picking up the difference. neil: all right, thank you so much. neil, neil. kate we re going to a break and pay our bills even though washington can t. and round two, back, punchy and ready, you get ready. right. but the most important feature of all is. the capital one purchase eraser. i can redeem the double miles i earned with my venture card to erase recent travel purchases. d with a few clicks, this mission never happened. uh, what s this button do? 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this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don t seem so.far away. this thing is going higher. dr. jay. a lot of put buying out in april. i mentioned earlier. energy is the cheapest in the s&p. i don t think that will persist. i want to play this through explorers and producers. i like ieo. show me the dow. we will see you tomorrow. there is more fast at five. we are calling this the tepper bounce. halftime is over. power lunch and the second half of the trading day start right now. have i got a deal for you. remember the much maligned low down payment loans? it was seen as the main cause of the crisis. wait until you see who is behind it. and another day, another significant cyber attack. chase bank getting hit again. and the. we re going to talk about and meet the guy who put dennis rodman and kim jong-un. that would be a unique idea about marketing. and now a picture of the vatican. we expect smoke. yes smoke. what is that bird doing there? that bird should not be there. we expect smoke any minute now. black or white. white would signal that a new pope has been elected in the conclave. this marks the third vote of the day. fourth overall. we are monitoring it closely and when there is a puff, we re going to bring it to you and that bird is going to fly away. first to sue. if that was a dove, you could say that that was divine intervention. i think it is a sea gull. we have a stunner to start us out. it s coming from the housing world. that infamous low down payment mortgage? it s back. diana is back in washington. we saw this the first time around and it didn t end nicely. reporter: no, it didn t but the banks and the government are behind it. refinance business falls so they are looking back to that home purchase mortgage market yet again. sources telling me that they are buying more loans with 3 to 10% down payments because banks are selling more. a lot of it is because of fha. they keep hiking premiums. today so, low down payment borrowers are now shopping conventional shoppers again. fannie mae does require mortgage insurance on the loans. the stock prices suddenly spike as another rate rise was announced earlier this year. where are the red flags? some are concerned that the private mortgage insurers are not well capitalized enough still to handle the current amount of delinquent loans. fha has the lowest underwriting requirements for your credit score. so if you start having more competition from the private guys and your higher credit score buyers go back to conventional loans, then fha is left with low credit score borrowers. they do not need more risk. and that dampens demand. breaking news. tenure notes up for auction. what s happening. several basis points lower the one the market was trading. lower yield, higher price. an a plus auction. we had a bid to cover at 3.19. chasing every dollars worth of securities available. best since october. dealers only took 22.3% of these auctions. 30 on the nose for direct. this was one solid demand auction and the dealers have empty pockets and sometimes that s because everybody else was so aggressive. that s fantastic. thank you so much. you know, we really were not expecting this one. americans spent at the fastest pace in five months in february. retail sales rising 1.1%. take a look at what s being taken out of your paycheck with the social security tax increase. it rose from 4.2% to 6.2%. so if you earn $50,000 a year, it costs you $3100. $6200 a year if you make 100 k. $12,400 if you make 200 k. so the numbers really do add up. despite the optimism from that retail sales number, a dough winning streak was in jeopardy. right now the market is still positive but it s only up seven points. still, of course, near that record territory. up 10% so far this year. the s&p right now, last trade is up 1.70%. that s about a tenth of a percent increase. nasdaq is up three points. and gold is trading down $6.30. the private equity world has been pretty much offlimits for anyone outside of the 1%. a lot of people eager to get in are now asking this question. is this a club i really want to join? the new developments in private equity. the numbers would make you want to say no, you don t want to join this club. but money managers earn a fee for every dollar they invest. the more assets they have, the more they get in fees. now the firms are public and looking to increase that. one way they are doing that is to lower the barrier of entry. carlisle, just the latest on that band wagon. now you just need $50,000. if you have got a net worth of $1 million or you make more than $200,000 a year. but for these titans, wooing individual investors is a new strategy. the first to do it? apollo management. it s a 12.73% since compared to the s&p, up 22% in that time. blackstone has offered a fund of hedge funds. you get access to money managers. but the problem is as of january 31, it underperformed the market from inception and year to date. finally kkr, its junk bond mutual fund was up. the problem was individual investors who had $25,000 or more were not added until later in the year. and an index fund. it would have been better in an index fund. let s talk about the london whales testimony. we have been waiting for this list to come out. it just hit the wires moments before power lunch hit the air. we have the acting risk officer stepping in for john hogan who is on leave. we have mike cavanaugh who is the co-ceo of the investment bank. he was the author of the internal report. we also have ina drew. she was the chief of the cia. ina is no longer at the firm. we have three members of the office of the controller of the currency. they were supposed to be the unit that was actually regulating these investments. we have a full house on friday. so we will have all that for you on friday. appreciate it. sue, down to you. thanks guys. shares of express on the express train lower today. the clothing retailer giving a disappointing forecast for the first quarter and the year. last trade on that stock down $1.55. different story for coach. the stock which is down over the past year starting to generate some bullish comments from analysts. citi upgrading coach to buy with a $56 price target. the shares responding to that up almost a full percent at 49.27. some very interesting big news in the auto sector coming in right now and phil lebeau has it live from chicago. they surveyed 91,000 vehicle owners and this is a reflection of how people feel about their auto service centers. should be a little bit surprising but it s not when you figure that dealerships are putting more money into their centers. 79% of those surveyed said they will have vehicles serviced at the dealership. they realize this is the way to build brand loyalty. the top five, gmc, mini, buick, cheverolet and volkswagon. this is particularly interesting when you look at luxury automakers. the luxury dealerships, for them, their customer service rates higher than with mass brands. luxury dealers have been targeting service centers for some time. lexus, cadillac, jaguar, acura and infinity. this is the area where the dealerships are making a difference in terms of customer loyalty and building profits over the long term. i think that s exactly true. if i get good service from a dealership, i am more likely to go to that dealership to buy my next car. tell us what the latest is on boeing and getting those grounded dream liners back into the air. the faa has approved the plan for fixing the battery systems. what will happen next is test flights, more testing. if boeing can meet the requirements set up by the faa, then eventually they could approve the fix. we re looking at perhaps by the end of april, early may, we might see the grounding lifted if these tests go as planned. early april late april, early may, the possible time line. right now it s still fluid. thank you very much. we re talking cyber crime, cyber terror. whatever it is, whatever you call it, it keeps hitting american internet sites including chase once again today. we re going to talk to a former white house internet security chief to get his take on how this country needs to fight back. law and order online next on power lunch. and that sea gull is still sitting there because we are waiting on a decision on whether the body of cardinals at the vatican have decided on a new pope. white smoke means they have. black smoke indicates they have not. we are monitoring it and we will get it to you as soon as it happens. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity s analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i m meredith stoddard and i helped create the fidelity guided portfolio summary. it s one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. departure. hertz gold plus rewards also offers ereturn our fastest way to return your car. just note your mileage and zap ! you re outta there ! we ll e-mail your receipt in a flash, too. it s just another way you ll be traveling at the speed of hertz. we are back with breaking news on google. android taking a new role at the company. now runs google chrome and apps is going to take over android as well. he will be running all three areas. larry paige announcing this in a blog post. andy rueben staying with google and looks like he will do more moon shots, big ideas. he is moving on from android to do that. android is the biggest operating system for smart phones in the world. tiler? all right. thank you very much. netflix is higher after unveiling a new feature that allows subscribers let their facebook friends know what tv shows they are watching. very dangerous. right now netflix up $12. that s almost a 7% gain. as for facebook, it is lower after the ftc ruled that ads on social media need to have full disclosure no matter how small the ad is. sue? a day after chase s website was hacked again, president obama is meeting with ceos to talk about stopping the online attacks. the meeting will be in the situation room. we are live at the white house with some of the details on that. j.p. diamond will be one of the ceos attending later on this afternoon. on this very big name list of ceos who will be meeting is jam james we don t expect official confirmation of that until after the meeting this afternoon. this comes one day after the head of the nsa and u.s. cyber command testified about the growing threat of cyber attacks. he said that his cyber command will create 13 new offensive teams by the end of 2013. a very important story for wall street specifically here at the white house today. thank you so much. how can we stop these hack attacks? it gets more serious every day. he was special assistant to the president of homeland security in the bush administration. the key question is what has to happen to catch these guys and what kind of punishment would be a disincentive to these hackers? that s a great question and it s great to be back. not all hacks are the same nor are all hackers the same. the spectrum ranges from nation states such as china, russia, the government of iran and its proxies all the way down to a kid operating out of his own basement in his home. we don t have the tools and instruments we need to address all of the issues. at the end of the day we re never going to simply fire wall his way out of the problem. you deter actors, not so much a tactic or a technology. we need to improve our information security. we need to improve our cyber security. we have a number of sticks that we re looking at such as the promulgation of the executive order. we need to couple that with incentives and carrots. frank, it seems to me that this is getting worse every day. and that there is no way right now to enforce law and order online. is it am i mistaken? it seems as though those attacks are becoming more and more frequent. they are becoming more frequent. there are more actors involved. the bar is getting lower for people to enter into this space. and the penalties are not necessarily there when you do identify the perpetrator. what do you think the perfect penalty will be? i know there are a variety of hackers out there. is there one action that you think would be punitive enough to be a disincentive? ultimately, i m most concerned about nation states. they are in the business of espiona espionage. and i think we have to elevate these issues diplomatically. and we have got to invest in offensive capabilities to deter and compel those that are already engaged in this space. i think at the end of the day we need to continue to be ahead of the curve offensively. we need to get to the point where we have an 80% solution. you can t expect banks to defend themselves against foreign intelligence services but they should take steps to keep the noise out. right. we need liability exemption. uncle sam should become the insurer of last resort. we need additional prosecutions transnationally and we need potentially trade approaches. frank, thank you very much. i think with the frequency of these attacks you will be back very soon. thank you, sue. bob is here with me. the retail sales were up. the business inventory numbers are great. we re at new highs. that s a bit of a problem. and there is a lot of bias data that is now priced into the market. that doesn t mean that we can t go higher. we re going to talk more about that in a couple of seconds. power lunch is back in two minutes time. how much do they want to pay? how much do you need to be succe successful. do these founders have what it takes? are you in or out of artspace? tdd#: 1-800-345-2550 seems 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[ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i d get half. what s in your wallet? i m just here amusing myself. it is now time for our series, the power pitch, where we go behind is scenes of innovative new companies and see if they have what it takes to make it big in this competitive landscape. take a look. our panel of experts dig in, giving you a glimpse into the innovative world of start-ups. katherine laveen is the founder of artspace.com. now she is looking to recreate that same success in the art world. here is her power pitch. we help collectors and aspiring collectors discover, learn about, and collect art from the best artists in the world. our site is highly cure rated. our partners include the most prominent galleries in the world and museums as well. you can browse the site however you like. even if you re not quite ready to buy there is information to keep you engaged and informed. fromomrtist interviews to education and fun facts about the art world. our mission is to make art more accessible to broader audiences. and to support museums and cultural institutions and artists across the globe in just over a year, we re selling art all over the world to virtually every state and 25 countries and we re growing really fast. she cannot react just yet. the founder of broadway angels. she has more than 20. some of your concerns, first. they all sell art. how do they get above the fray in terms of the noise in the space? julia? my concern is the fact that a lot of these are hefty investments. you can buy pieces for a couple hundred dollars. a lot are thousands and tens of thousands of dollars. i wonder if people will feel comfortable making a commitment without seeing it in person. i thought the market may not be big enough to justify a real fast growth and ultimately large organization. let s get right to it with the person running artspace. i will let you ask a question first. a lot of questions that you appear to have, have high end names, maybe having how do you get them to put one of their pieces at a much lower site? we re getting the work directly from the gallery, from the museum or in certain cases from the artists themselves. so, as a collector, if you want to collect those art itselves, you re typically looking at a limited edition to sell. what kind of margins are you making? and what kind of scale do you need to be successful? well, our business model, unlike most ecommerce sites is we don t take any inventory. we don t have to put any of our capital into owning any of the art. we re in between the buyer and the seller. we facilitate the transaction and the art goes directly from the gallery or the museum in paris to the collector in new york. how willing are people to buy a $5,000 piece of art without seeing it first? it s not unusual for people to spend that money sight unseen. we have seen what julia had to say. are you in or out? i still have a couple questions about how big this potential market is, but i think there is huge potential to really revolutionize the way art is sold and to apply some of the same innovations. so i like the number of eclectic investors on board. she is in. how about you? this company has an amazing number of investors and people who the co-founder who really understand the art market and who have access to the high end artists. i m a collector myself. many of them are so out of reach in terms of price. the idea that one could buy a high end piece of art blows me away. i m not betting on the game, but i will bet on the player. a huge montization there. take a chance on the athlete if not the game. i am also in as well. thank you. three thumbs up. we want to hear whether you are in or out on your art space. let us know whether you think you have what it takes if you have an idea. some say this was a pr stunt or was a work of art. we will hear from the man who sent dennis rodman on his mission to north korea and now he is using tech and media. thanks so much. markets were a little skittish today? i want to just show you things that are markets splitting a little bit. take a look at market leaders. you might call them risk on. transports are doing well. japan has been risk on for a while here. this is associated companies usually with the u.s. steel stocks, copper stocks. commodity names. i think the concern here is people are buying u.s. based stocks because our economy is improving and getting better and they re selling some of the chinese and foreign names here because china is trying to put the brakes on growth a little bit. that s been down for the last couple of months here. our s&p 500 has been on the upside. it s not just then but emerging stocks in general. that bottom line is the green line. the emerging market index. the major one. there is the s&p 500. s&p is up 9%, emerging market index is down about 3%. people are starting to look more at the united states as the growth part of the world right now. exactly. and the data seems to be supporting that. thank you very much. in the meantime gold prices. close iing. it has been a choppy session. in large part by the movements of the dollar. the largest gold etf as well. has seem some reduction in its holdings. that is something that some analysts are saying is due to institutional investors pulling out metals across the board. thanks. back to chicago where rick is tracking the action at the cme. first, there is the president in the background there. he is working his way across to meet with republican congressmen to try and solve the impasse that we have. it s been several years since the president made his way across to shake hands and try and get this deal through. it was three years. he has been working both sides of the aisle. he is going to meet with senate counter parts this week. how are things going post auction, rick? it seems there are more people up and down those stairs than there are traders in some of these pits. you can clearly see what the ten-year note did. look at the chart of tens. we were at 205, boom. did a beeline for 10%. ours are all scalloped to higher yeel yields. you can clearly see we continue to widen we talked today. 65 a closing important technical level. we went through it. it seems like all signals are red when it comes to being long. rick, thank you very much. retail sales jumping but americans seem to be losing faith in president obama s economic policies. why the disconnect? plus take a look at this. one big rock. it s considered the world s most perfect diamond and it s up for auction. guess how much it could go for? we will tell you when we re back. that is the smokestack. it is nighttime over in rome. the cardinals are deciding who the next pope will be. black smoke means no decision. white smoke, we got a pope. when it starts puffing we are going to have it for you. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet. dragon is captured. is connecting today s leading companies to places beyond it. siemens. answers. a successful debut for silver springs nt work. and vm also gaining ground. dole foods falling. hurt by weaker fresh food sales. sue, down to you. thanks. there is a new washington post abc pole that shows americans are losing faith in president obama s economic policies. but on the other hand, we had retail sales surge despite the payroll tax increase. there seems to be a bit of a disconnect there. what s the market telling us? good to see you again. welcome. there is a little disconnect. we were talking about this before the show. but you re encouraged by what you re soeeing in the market. very encouraged. relatively low valuations, particularly in this interest rate inflation picture. so there is a lot supporting the market move here. you lightened up considerably on gold. we put gold up as a hedging risk. we looked at it as systemic risks and a risk of a euro break up. we have seen over the years the tail risks dissipate significantly with regulatory reform, monetary policy tools. as well as structural fixes such as the ecbs omt. we felt the need for that type of hedge had dissipated as well. it s interesting to look at the reaction of the market to the italian election. no one considers the euro break up a tail risk any more. where did you put that money? you re overweight information technology and moderate overweight on energy and materials. i assume that s all domestic? it is, sue. it s interesting. we didn t want to increase our risk exposure. we took the gold proceeds. we re not expecting inflation to be a near-term issue but we recognize the potential for longer term inflationary efforts as they get unwound. so we re building that into our client portfolios. but keeping it very short term. why do you like energy and materials? is that a global play? it is a play on global growth. we re expecting the global economy to grow over 3% this year. it s a reflection of our view that the back end of 2013 will be loaded with economic growth. that would really benefit the cyclical stocks. we will see that next month. thank you very much. we are waiting for the 115 cardinals to tell us whether they have picked a new pope. that sea gull has left the chimney there. it is nighttime in rome. white smoke indicates they have reached a consensus with 2/3 plus one voting for a new leader of the roman catholic church. black smoke? no decision. at this time we are just watching and waiting along with the rest of you. and the man behind the dennis rodman, kim jong-unmeeting is part of our power meeting when we come back. 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[ dog barks ] because right after they get married, they ll find some retirement people who are paid on salary, not commission. they ll get straightforward guidance and be able to focus on other things, like each other, which isn t rocket science. it s just common sense. from td ameritrade. transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you re thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it s no surprise to you that companies depend on today s xerox for services that simplify how work gets done. which is.pretty much what we ve always stood for. with xerox, you re ready for real business. otherworldly things. but there are some things i ve never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don t seem so.far away. the colon cancer drug loses exclusivity. you see spectrum pharma down 36% this day alone. the highest they have been the there. let s see what is coming up on street signs. hey, sue. thanks very much. i know the dow is up for the ninth day in a row. mandy and the whole team will have many guests on to talk about your strategies going forward. but we re here in las vegas. one of the dow components, home depot, is hosting its product walk. they rebuilt an entire home depot store here in a convention center in las vegas. we re not going to dig into data. we re going to go right to the source of the consumer and see how the american economy is doing. data? we don t need no stinking data. we have the ceos that run the show here. pretty cool. i will have a cocktail before the show so it will be better. we will be tuning in at the top of the hour. meantime, power run down time. joining us, figure that one out. even josh looked over at that. am i the sugar? i m the nut, i guess. let s get to the first topic, sugar. and wanting to start an okay pi sugar movement and that s exactly what we need to do. this was a federal loan. it was a federal loan to the sugar processors. they can t pay it back because the price has grown very low. it s ultimately price control. literally, the sugar act of 1934 is where they get the power to be able to do this. for most other commodities, the companies deal with the price swings as they come. not just bail-outs. the entire sugar industry is a mess. we should get rid of all of these programs. it s the corporate circle of life. one sweet mess there. two other big topics. the man behind dennis rodman s mission to north korea and knocking the king apple off the mountain. we will tackle those two in two minute s time. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we ve applied for a patent. i m colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. ty, back to you. thank you very much. by now it is the picture seen around the world. but the man who sent dennis rodman on a mission to north korea, we haven t heard much until now. and i m told that mr. rodman is actually in rome awaiting the election of the new pope. i m not kidding. you can t make this stuff up. we have caught up with the gentleman who sent mr. rodman to north korea. hi, julia. dennis rodman s trip to north korea was all the idea of vice media ceo, shane smith. i have been to north korea twice. i have done three documentaries. we knew that they love basketball and in particular they love the chicago bulls. we put a delegation that went there, mostly for community outreach to play basketball with the kids. enter dennis rodman. the goal was to get as much access to north korea as possible. the story of dennis rodman and kim jong-un is an absurdist one so the media picked up on that and said this is crazy. which it is. it s insane that, you know, that they sort of were hugging and all this stuff. but for us, all we really cared about was getting in and getting the documentary made. so for us it was a huge success. these stunts draw criticism for being potentially unethical. to its ad network, generating $170 million in revenue last year. now despite the fact that it has edgy content, vice does have media heavy weight backers. they raised $50 million from a number of people including ad giant and others. tyler, certainly an interesting one to watch but it seems that the whole rodman thing is working in their favor. and let s talk about it a little bit more. the guy behind rodman drawing a lot of criticism for this. he is basically sending an individual into a country and patronizing a regime that has been engaged in severe human rights violations. it will all come down into whether or not they engage in actual journalism. if the north koreans show them the sort of things that the soviets used to do and not actually show what is going on. but if they were able to use this as a way to get at north korea and really do journalism, good for them. they are billing themselves as a news magazine. if it s a news magazine but doesn t give an accurate picture. dennis rodman probably said it best. he said i m making history. what i did is history. that speaks more volumes than something going viral. this will live on for a long time. it s an interesting story. rodman is in rome apparently lobbying for an african pope of african decescendescent. rodman is actually watching to see what color the smoke is. i knew he was well sourced. i m sourced with the vatican people. rodman is well versed in smoke. they are coming on stronger than ever. now tablets, there are more droid tablets, not necessarily samsungs, but more tablets being sold than apple. apple s marketing aim was not to actively pitch a lot of corporate clients but pick up all the business that blackberry left in its wake. a lot of people switched over to the iphone not because they loved apple but because they hated the blackberry. so they are actively getting out there. young people, i go out to tech parties in new york city. you ride the sub way and you see lots of people with samsung galaxies. these are more affordable to people. i sort of feel old when i take out my iphone. that was their commercial. pitching it as something that makes you feel cool. i have a droid phone, made by motorola. i would say what apple needs to do is increase its size and screen size. that is a big draw for some of the samsung phones. when people take it out, people are like whoa, what is that. that is what they need to do. not get smaller, get bigger. you heard it fehere first. it s considered the world s most perfect diamond and it s up for auction. and we are still awaiting word from the vatican. you re looking at a live shot of a chimney. you know my heart burns for you. i m up next, but now i m singing the heartburn blues. hold on, prilosec isn t for fast relief. cue up alka-seltzer. it stops heartburn fast. oh what a relief it is!
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[ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. a talking car. but i ll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it s carrying, while using less fuel. delivering whatever the world needs, when it needs it. after all, what s the point of talking if you don t have something important to say? on this day in history, dr. seuss beloved children book, the cat in the hat, was published. so today we picked out some seuss-like stocks. cat in the hat, red hat, one of the worst performers, green hegs and ham, smithfield foods, oh, the places you ll go, expedia, and priceline. i m going to vegas. see you tomorrow. tractor riding, here we come. well, here he comes. closing bell is next. hi, everybody. good afternoon. welcome to the closing bell. i m maria bartiromo at the new york stock exchange. an historic winning streak for stocks hangs in the balance in this final hour of trading. it s looking close here. i m bill griffeth. it would be eight straight days for the dow and the s&p, six consecutive all-time highs for the dow. but right now, we are lower, although we re well off the lows of the day. i know! a little rally going on right now. a little tease this last hour. also coming up in a few minutes, a huge exclusive interview with disney ceo bob iger. his stock backing off of an all-time high today, but it has been on a tear now for a while. we will talk to him about what s next for disney, the reason activist investors fight to get him to split his ceo and chairman titles, and try to find out if harrison forest, mark hammel, and carrie fisher are really going to be in the next star wars movie. say it s so. we d love that. and also here today, ceo of chevron, john watson, we ll get his take on the fight over shale and fracking, that controversial keystone pipeline all very critical to the energy future of the united states. but before all that, let s take a look at these markets. trying to keep a winning streak aleiv. so far, close but no cigar. down just 15 points. we are well off of the lows, however. we ll see if we actually get some buying interests taking us to another all-time high today. the nasdaq composite, also looking at some selling today. in fact, technology, one of the weaker spots of the day, down 16 points on the nasdaq and the s&p 500. looks like this, a similar chart pattern, decline of the session right now of 5 and change. let s get to today s closing number with four very smart people. we have carol roth, brian bellski, michael holland, and our own rick santelli. welcome to all of you. ladies first. you re getting some of your merger activity, carol, that you ve been looking for, even as this market goes higher. absolutely, bill. as we ve been saying, buyouts are going to continue and they re going to continue. and i think that this really is a stock picker s market. and if i m going to put my money anywhere, and i have, the one that i really like is bed bath and beyond. i mentioned this on the program a couple weeks back. it has now been validated in a number of publications. you have a company that s trading at a very reasonable valuation. it s got a net cash position and a very high historical return on invested capital. so to me, that creates a really good recipe for a potential buyout, and i think that that name and potentially others in the luxury goods sector, as well as throughout consumer, could be great buyout candidates. does this kind of activity, a pickup in mergers, does that signal, usually, near the bottom of a market or the top of a market, in your view? i think the market is going to continue to do what i call a dosy doe. a few step forward, a few step backs, swing your partner round and round and probably end up in the same place. i don t really look at it in terms of the broader market, i look at it in terms of very specific stock opportunities. and i think the consumer sector and also potentially health care. brian, you have to look at this as a victory. yes, we got a decline, but this market s down just 12 points. how do you read what s going on today after this seven straight days of gains for this market? well, especially how you opened show about the markets up from the lows and this buying kind of coming in. the credibility of making new highs for so many days in a row really helps people feel better about moving back into equities and we re starting to see that. this is the little engine that could, though. this market is going to continue to kind of climb higher and it s looking more and more like a goldilocks nursery rhyme every day that we go on through this. so equities in general, and u.s. stocks specifically still look very, very attractive. so you still want to put new money to work? sure. because at the end of the day, we re investments, not market timers. our forecast for the market is still 1575. we re still bullish. we may have some upside to that, given what we anticipate could be a surprising second half of the year in terms of the macroside of things. so let s get the pace of job growth continuing on. let s get the manufacturing recovery going on. let s get capex going and the market will continue to go higher. michael, this negative psychology the market has faced for months now, you feel is actually a positive, don t you? absolutely, bill. after four years of bull markets, it s interesting that brian used a phrase, people feel a little bit better about things when they re going up like this. and people generally don t feel anything right now about the stock market. one week ago, as you guys were sitting down there, and the market the dow hit a new high, there weren t any champagnes popping or headlines going on. people after ten bad years in the stock market, up until four years ago, just got so beaten up by the market, they don t care. that means that stocks like disney, and thank you to bob iger, when you interview him in a few minutes, great companies have done so well, but they are still trading at relatively attractive disney s a great microcosm. 36%, year-to-date, past 12 months return, and the stock is still trading in the mid-teens in terms of a multiple. people don t believe stocks are an attractive place to be right now, and carol roth s idea about companies buying other companies is going to be one signal that people are going to finally get the message. do you want dividend payers? i love them, maria. i love to get paid while i wait. and the last four years, we ve been getting paid and made money as well. but, yeah, there are so many great companies paying fat dividends. why not? you know, to mr. market now, rick santelli, the message you re getting these day, it occurs to me, rick, that lately we haven t had any really big up days as we set these records. we re only getting singles. we re not getting home runs to get to these records, just hitting singles every day. not a lot of volatility. what do you make of that? you re right. it s the joe dimaggio trade and definitely it starts to add up after a while. well, it s made a more palatable path for have interest rates, which already are going to have a hard time moving higher. but what s fascinating is, even with the fed s thumb on the scale, a point you ve made many times, we still see a year and a half wide on the difference between our yields and ten-year boon yields. and one side bar, fixed income market doesn t usually have things that go, oh, my gosh over, but several hours ago, a story eked out that chesapeake energy, who s had their fair share of bad press, failed to recognize a window to call back some of their bonds issued in 2012, $1.3 billion. so everybody was kind of talking about that. it might have even briefly impacted the price of the stock. and in terms of that great rotation that we talked about, let me get your thoughts on that. we ve been talking about money coming out of treasuries forever, but it looks like the money coming into the stock market is the largely from cash. are you expecting a big move out of bonds? this negative psychology that was born in that ten ugly years in the stock market, i don t see people watching now who haven t participated in this doing a wholesale sale. no, i don t see it, maria. i think these things take years, and that s one of the reasons i m kind of constructive for the next several years, because, you ve had a 30-year bull market, as rick knows better than anyone, in the bond market, and we ve had a ten-year awful time in the stock market. we re only four years into this bull market. these things take a while. carol, i m very curious. we get people like brian bellski or my colleague who come here, and they re not alone, who talk about the valuations, what they perceive to be cheap valuations of this market. you don t see the that, though. what metrics that you re looking at that they re not looking at or vice versa? i think it, obviously, depends on a case-by-case basis. there are certainly some values out there. but i ve talked about before the quality of earrings. sometimes the earrinnings are f in terms of their real long-term quality, because they have been injured in terms of overhead cuts or share buybacks, things that are not sustainable in the long-term. if we don t have that topline growth, then we don t that valuation that can grow over and over and over again. so if you want to command a growth valuation, you have to have growth, that means growth at the top line. otherwise, to me, it means those valuations don t hold up over long-term. quickly, are are those earnings fake? no, the quality of earnings have actually improved dramatically. what she s talking about has already happened over the last five years. it s the institutional crowd that are starting to feel better. mom and pop in topeka are squarely in the bunker. but that s going to be a potential? that will be the big trade. thank you all. appreciate it very much. see you guys later. heading toward the close, 50 minutes left in the trading session, what do you think? can we finish positive today? it s so hard to say, bill. i m optimistic, given the fact we re well off the lows right here. down 19 on the dow. if it finishes lower, first time we will have broken that seven-day winning streak. up next, an interview you won t see anywhere else. disney ceo and chairman bob iger is here exclusively. lots to talk to him about as his stock has had an amazing run. despite that, he s had to fight off attempts of shareholders to strip him of his chairmanship. i ll also ask him the question on everyone s mind. you don t want to miss his answer coming up on closing bell. and from star wars to smartphone wars, new phones from blackberry and samsung getting the kind of buzz usually reserved for apple. but is the iphone really in danger of losing its reign as the king of smartphones? 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[ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. welcome back. looking at the markets here, even though the dow is down ten points, one of the standouts today to the upside is general mills, gis, just announcing an increase in their dividend today and as a result now, the stock is up 1.4% at $46.34. otherwise, though, the blue chips are trading a bit lower. the question is, can the dow get back into positive territory to make it eight straight up days and another new all-time high? that s something we ll be watching very carefully. something else we re watching today for obvious reasons, disney s stock. and we take you back eight years to when bob iger took over as chairman and ceo. and in that time, the stock, as mike holland was pointing out a little while ago, up 103.76%. that would be called a double. and shareholders thank him that are. maria? in fact, under my next guest s watch, the stock has nearly doubled since october of 2011. bob iger has engineered special acquisitions including pixar, marvel, and most recently, lucas films, which of course is the star wars franchise. his portfolio also includes abc, espn, theme parks and a lot more. despite all of this, he recently fended off activist investors who wanted him to split the chairman role from his ceo role. we welcome to the program disney ceo, bob iger. bob, so nice to have you on the program. nice to be here. thank you so much for joining us and congratulations on that performance over such a long period of time. thank you. i want to begin on the buzz around your latest movie, the great and powerful oz, has pulled in $150 million worldwide in the debut weekend. why did this oz prequel succeed, while disney s 1958 attempt, return to oz, not so great at the box office. i don t think they re comparable. i guess they share a name or part of a name. a great legacy, obviously, a classic movie, done well, beautiful film to watch, well cast, and just captured the imagination and our team did a great job marketing it here and overseas. does that typically sort of dictate what happens next, when you ve got such a fantastic open weekend, then you ve got a lot of buzz around it. i guess it sort of feeds on itself, doesn t it? you hope that it does, yes. in today s world, word of mouth is a big deal. people hearing that a movie is a success is a great thing. you also want them to like it. that s very important too, but a weekend like that is a great thing. can we assume this will be another franchise that eventually includes dorothy: a sequel ? too soon to tell. let me ask you about another sequel, such a powerful theme and that is star wars. a lot of talk around star wars, particularly the old cast, harrodson forest, mark hamill, carrie fisher. are they going to reunite? george lucas was quoted as saying they would, but we don t have any official announcement right now. we have a team working on the film right now, j.j. abrams is going to direct it. we have a writer who s working with some of the folks who were involved in some of the earlier films. and when the story is quot quote/unquote broken, then we ll make decisions about the cast. is this something that you ve talked to them about already? talking to the the actors? yes, there have been discussions already. let me ask you about star wars and the lucas acquisition. that seems so perfect for disney, given that you have all the fantastic characters out there in terms of animation. what do you envision the biggest opportunity with lucas on top of marvel, on top of pixar? well, it is perfect for disney. interestingly enough, we ve had a great relationship with star wars for years. we have star wars -based attractions at a number of our parks, here and overseas, in japan and paris, in florida and in california. they ve done very well for us. this is, you know, perfect for disney, because we manage great character franchises, starting with mickey mouse, who was introduced first in 1928, all the way through to the great pixar characters and the marvel characters through today. so this fits into, you know, that great franchise category really well. and with franchises, what we do as a company is we manage them very effectively, or leverage them, issued say, across businesses, all of our businesses, across territories, meaning the world, and if you have a really solid franchise that you re feeling with great creativity, over a long period of time. so it s multiple business, multiple territory, multiple year. and that s what this is. this is one of the biggest ever, the biggest franchises ever created. and so we re thrill to have had the opportunity to be associated with it and to actually bring it into its future. and loved by consumers. i want to talk to you about mickey mouse. i know you have news on mickey mouse as well today. we ll get to that in a moment. let me get to some of the other news of the day. we know there s a suit over viacom about bundling practices. espn such a great brand for you. if cablevision prevails, do you worry that entertainment companies like yourself are going to find it harder to sell, you know, these big packages of cable channels, where people are really paying for espn ander th they re taking some of the other channels that perhaps they would not have paid for. in our case, i can t comment specifically about that lawsuit. i m not familiar with the details. i haven t been fully briefed yet, but we have great channels. espn is one that you mentioned. the disney channel was another, number one with kids 2 to 11 this past year. very successful. for the distributor, for the viewer, and of course for disney. abc is another channel. we ve managed to have great relationships with distributors foreign wide, cable operators, satellite providers, and have cut long-term deals with many of them, without roadway rancor, without having to resort to saber rattling and the like. and one of the reasons we ve been able to do that is, these deals are mutually beneficial. we re providing them with great values to sell to their consumers and they re paying us the right price, fair price, for these channels. how we offer them to these distributors and what price they pay is not something, you know, we get into with you publicly, except to say with espn and with abc and disney, you know, it s a great collection of channels for them and for the consumers and we re going to continue to invest in. look, the bottom line is, they pay out because they want it. they want espn and they want the disney channel. well, i guess that is the bottom line. that is the bottom line. and do their customers. without those channels, they would have issues with their customers. these are channels that are in such demand that their customers would say, well, wait a minute, if you re not offering them to us, we ll turn to someone that will. it s a good proposition for all involved. what can you tell us about what s going on now in terms of advertising, in terms of the business climate? i guess the up-front period is beginning for some parts of media this week. do you have any vision that you can talk to us about in terms of advertising? how does the year look? we don t have a lot of visibility. it s been that kind of a market for a long time. i will say that the year has been fairly good. a fair amount of demand from advertisers, for advertising time. it s certainly a good sign. we ve seen that as fairly steady, at least since the beginning of the year. and that s pretty good for us, obviously. and the parks business? the parks business is the same. also, stronger than it was a year ago, steady improvement means that more people are coming and our pricing is holding up nicely as well. actually, our pricing has increased nicely, so it s quite strong domestically. and so much talk about worries over the economy, about the sequester. i know you met with president obama today. you sit on the president s export council. you just met with leaders there earlier today. tell us about that. you talked about the export story. you also talked about disney shanghai. is that right? what went on in your meeting today? what can you tell us? the president established a council, and it s made up of a number of folks from different businesses, including small businesses as well as large businesses. and the goal was basically to see what we could do, as a group, to improve the country s ability to export, because, obviously, as we do that, we ll create more jobs and help this economy. and there s been a fair amount of progress made. i will say that the group has not only had a good dialogue, but has served up a number of really good ideas to the administration. that if they get behind, can really end up stimulating the economy and creating jobs. i ll give you one. we talked about a lot of travel and tourism to the united states. that s viewed as an export business. we re basically exporting grand u.s. to the rest of the world. whether that s to visit the stock exchange in new york or whether it s to visit disneyland or disney world or the national monument or our national parks. the more people who travel to the u.s., the better it is for the u.s. economy. because they come and spend money and that support jobs. it s estimated that out of every 65 people who visit the united states from overseas, one job is created. so as a for instance, we talked about our visa policy. if we can do things the to better facilitate people getting visas in different markets, then they will attractitravel more. and we re seeing much greater demand from markets like brazil, india, russia, china to travel to the u.s. if we make it easier for them to do that, then more people will come. so the president got behind this initiative wholeheartedly, they invested in the visa process in brazil, opening up more visa offices, more people are coming, particularly to florida, which we ve seen and we benefit from, but so does the u.s. economy. it raises our business, we create more jobs, and making basically more money, and in the process, we pay higher taxes. so it s a win/win proposition. it s so important and i m glad you brought it up. so many business leaders have that issue. and the same with people coming here and going to school here and then they go right back, because they don t have the ability they can t stay. they can t stay. you recently dealt with some activism in terms of activist investors. i want to talk about governance here, because you won out, overwhelmingly, that your shareholders voted the to keep the chairmans and ceo role. but that was a fight there. even though the performance has been so great at disney, and the stock price has been doing very well, they wanted you to separate the titles. talk to us about that and how you dealt with that. the proposal was actually for the board to separate the titles, once i relinquished the titles. but i think this is essentially a cause searching for a problem. the walt disney company has been a great performer for now a long period of time, a good, solid seven years. we do not have any governance issues. we have a board that is very independent, fiercely so, as a matter of fact. 90% of our board, nine of our ten members, are independent. and they, working with management of the company, are very focused on making sure that they are accessible to shareholders and listen to issues when they come up and they actually meet with shareholders t shareholders from time to time to listen to what issues they may have. but we just don t have a problem here. and when the roles were put together just over a year ago, things didn t change at disney as the governance world suggested that it may have changed. i still work very closely and collaborate with the board on determining what the agenda is for the meetings, what subjects they feel we need to cover, the makeup of the committees is really something that the board does, not me. the committee chairman, same thing. that s not something that just because i m chairman of the board, i, somehow or another, mandate to the rest of the board. that s just not how we work. and yet these accusations suggested otherwise, which is just not true. in some cases, i can understand the separation, but given the fact that the performance has been so strong, it was, like you say, there s just not a problem. well, i don t really believe that there s evidence that when the roles are combined, companies perform worse or better for that matter. i just don t think there s statistics to prove that. what happens is, when companies have issues, then investors, particularly activist investors, go after companies, suggesting that that may be one of the causes for it. in reality, if you have an experienced, independent, and engaged board that knows what is going on at companies, that is in communication with companies, and also open to shareholders, it doesn t matter whether you have a ceo that also has the chairman s role. in fact, in our case, we have a lead director. and when you look at how we define what the lead director is, that s essentially how we define what was once a nonexecutive chairman role. understood. bob, where does the growth come from at disney in the coming three years? well, in our case, obviously, it starts with great intellectual property and experiences and then leveraging that across multiple platforms and multiple territories. we benefit from technology, making this great intellectual property available to more people more often, more places. so the new platforms that you see, mobile platform is one example of that, a great opportunity for the creators of intellectual property to reach people in new ways. a challenge to some current business models, of course, but i think over time, you ll have more people essentially spending more time, either being entertained or informed. also, we see great growth in, basically, the new franchises that we ve bought or we ve created, from pixar to marvel to star wars. and of course, outside the united states. we re seeing continued opportunity or growth in opportunity in the emerging world. we re building shanghai disneyland as we speak, which is probably a great example of that. so over certainly the next three years, we re hoping to open shanghai disneyland in 2013. these new big growth markets will provide growth for this company, because they love disney intellectual properties. let me wrap up on mickey, america s favorite character here. he ll be starring in a new series of short films that will begin rolling out in late june on the disney channel. tell us what you re announcing today about mickey mouse. we re announcing the creation of 19 new mickey mouse shorts. walt disney created the original mickey mouse shorts in 1928. the first to be released was called steamboat willie, and they depicted mickey as kind of an every man of sorts, but someone who liked to have a lot of fun, and someone that entertained people, not just in the u.s., but he s probably one of the most popular character locally. and over time, we thought that mickey maybe lost some of those great impish qualities, the vitality that people once saw in him. so we decided to bring him back, not that he s truly, really gone away, but harkening back to what walt did, with a collection of new shorts, that depict him in the ways that we thought people loved the most. love it. bob, thank you for being on the program. appreciate it. bob iger, chairman and ceo of the walt disney company. coming up, 30 minutes before the closing bell sounds for the day. a market that is flat on the session. we may very well hit another all-time high today. we ll take you back to this market when we come back. the dow giving all of those losses up and then some. investors taking another bite out of apple shares after another analyst cut the price on the stock. find out if apple is starting to look attractive as a dividend play, or are you getting off better on owning blackberry and the new phone. also, what do michelle obama, ashton kutcher, and beyonce may have in common? they may be part of the new hacking scandal in america. details, coming up. stay with us. you ready? we wanna be our brother s keeper. what s number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let s go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world s cleanest gas turbines are now powering some of america s biggest cities. siemens. answers. this is america. we don t let frequent heartburn come between us and what we love. so if you re one of them people who gets heartburn and then treats day after day. block the acid with prilosec otc and don t get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. a rainy day in gotham. it s the battle of the smartphones. in one corner, it s apple. its shares losing almost 2% today after jeffries cuts its price target on the iphone maker. in the other corner, blackberry. its shares down 3% as the new z-10 gets ready to launch in the u.s. next week. now, can either of these stocks pack a punch to make your portfolio a champ? let s start talking apple versus blackberry. and talking numbers on the technical side, it s ennis tanner with risk vertical.com, on the fundamental side, it s abigail doolittle with the s seaport group. ennis, which group looks best right now? i think apple is slowly in the process of forming a bottom. it s become a stock that everyone loves to hate, and on the charts, we re seeing that as it gets close to long-term support. if we look at the three-year chart, we can see the 400 to 425 level was resistance to 2011, and it s really, i think, going to be an important area of long-term support for apple going forward. i think the stock s risk/reward is to own here. abigail, who do you like best? i think that blackberry is actually the stock that s putting in a bottom here. and for a number of reasons. this company is really benefiting from a turnaround tailwind, where the company has a lot of latitude to over-deliver on its various metrics, even if the z-10 phone isn t the tech geek lover s phone. there s a huge short position on this stock. if this company overdelivers on any metrics in its upcoming quarter, subscribers or revenue, or even, at some point, over the coming year, turns into a netflix, and pulls itself back into the black, you could see these shares rise significantly. i think you could really see blackberry at $35, one-time sales in the next 12 to 24 months. i m bullish on netflix. apple, not so much. all right. what about that, ennis? yeah, i mean, i ll say this about blackberry. i think for the phone to succeed, the biggest step that needs to happen is that app developers need to actually jump on to the platform. i think that s a high bar to cross for the stock. i also think it s got a lot of resistance in the high teens, so i wouldn t be a buyer here. you know, it s funny. i think that you re right. i think that is one of the that that s some of the feedback coming back about the z-10, and that there does need to be greater ability to put apps on there. but, again, i don t think that this phone needs to be perfect. this z-10 and the q-10 just need to be good enough to put the company back into the black over the next year or two. and i really think that expectations and the bottoming of this chart, i actually like it. i think that it shows thoughtful buying on those people who are bullish. apple, i think that the down trend continues. they ve put up a number of funky quarters. earrings revisions are cycling through. i think that s going to sustain the selling pressure that we ve seen over the last six months or so. funky being a technical term in the technology world. good to see you both. thank you for your thoughts today. the dow was up ten points. it was up. it came back again. they re going to tease us. we re down three. if we finish positive, new all-time high, eighth straight up day. remember this story, first she was criticized for ending telecommuting, now yahoo! ceo marissa meier is taking heat for reportedly having too high of a bar for new hires. we ll talk to someone who has turned around six companies and ask them if maries mayer is making the right moves at yahoo!. and college costs coming down? 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welcome back. first she cracked down on telecommuting and some people at yahoo! were unhappy. now the staff is complaining about the standard ceo marissa mayer has in place for hiring new employees. jane wells has the story. maria, marissa mayer shaking up the yahoo! corporate culture. first she ended telecommuting and now she s tightening up hiring standards a lot. ignoring recruits that didn t graduate from top schools and personally reviewing every candidate, which slows down the process. now, the ceo s goal is to make yahoo! a first choice, not the worst choice, for jobs in silicone valley. reuters told she told staff, quote, why can t we just be good at hiring? apparently a play on the line, why can t you be in a good mood from one of her favorite fames, say anything, an ironic choice because he sounds like the last guy she d hire. whatt what are your plans fo the future? spend as much time as possible with diane. really? i m serious. good news for mayer, her own employees are giving her an 86% approval rating on glassdoor.com, where people give anonymous reviews. that is up from 84% last quarter. thanks so much. so is marissa mayer doing the rate things to turn around yahoo!? fred has his doubts. he s chairman of consumer giants avon and bausch & lomb. he goes into great detail in his new book, it s called reinvent: a leader s playbook for serial success. he joins us now at the new york stock exchange. it s been a while. how you been? great. you feel that the bottom line for you on marissa mayer as a product person, she s the right person. leadership, you ve got a question. it s not her fault. she showed a lot of courage to take on this job, but it s two degrees of difficulty from where she came from. first, she got to be a public company ceo, when she s never been a ceo before, and then she has to play the role of turnaround ceo, which is a lot harder. this is a tough job that she took on, and i really admire her for her courage, but it s tough. she has to build a foundation inside to get this place to change. you cannot get turnarounds to work and stay without culture change. and that s really what she has to work on. so what does she need to do, then, to ensure that the turnaround goes successfully? i mean, you re right. you make a really good point, because it s turning around, but also be a public ceo. living in a fish bowl, if you will. every decision gets critiqued. she seems to have done a good job getting some cover, the stock price has gone up. so this give her the breathing room to do what needs to be done, exchange the culture on the inside. and it starts from the top. role modeling from the top. what about this knock that she s getting now that her hiring standards are too high. is that possible when you re trying to turn things around and change the culture? so i agree with her and i don t agree with her. i agree with her in the sense that culture, plus talent, plus execution, means success. it s the three legs of the stool. so, she s working on the talent, and i think she s doing a good job. it s okay to look at every new person who comes in, every new person who comes in is going to represent an ultimate cost of a couple of million dollars for the company, and why not take a hard look at the people coming in. but the most important thing is, she s got to keep the people with her. she has to take the people with her. that s not happening as clearly as it should be happening at this stage. so is that a communication issue? is that just making sure everyone understands what the vision is, so that they can give you the buy-in? i think it s authenticity, personal authenticity, walking the talk, it s trust building, it s credibility. it s getting people to see a sense of purpose, a sense of meaning for the jobs, so that people want to come to work on monday morning. once people converge around this common mission, it becomes a lot easier to do the kind of things she s trying to do. right now it looks like she does things and the media notices and says, well, these are arbitrary things. it has to be something that happens together. now, you said you felt on the product side, she s the right person. and as you well know, you ve got to listen to the consumer, and especially for yahoo! and what they do, what is she doing right in that regard? she seems to be getting more traction out of the ad area, the value per click has gone up. she s doing the right things that she learned at google. that part, she s very good at. the product marketing part, she s very good at. culture change, she never got to see a turnaround at google. and now she s a culture change ceo. that s tough. she needs a lot of support and help from a board. well, you have successfully helped turnaround six companies. what advice do you give her, taking on these two roles of leading a public company, first time she s doing that, as well as trying to do a turnaround? i would say, the biggest thing that hurts ceos is lack of self-awareness. so number one, she has to work very hard at knowing what she s good at and knowing what she s not good at. and what she s not good at, she should surround herself with talent, good people. people who also command respect throughout the organization. then she s got to get the team to work together with a common sense of purpose. everybody has to have one agenda and no self-agenda. if that starts to happen, people see it and then they say, well, we ve seen five ceos, but this one is for real. and then they start to follow her. fred, good to see you. thank you for your thought. we ll see you soon, we re in the final stretch of trading. 15 minutes before the closing bell sounds. look at where we are. up four points. it looks like we could actually hit another all-time high today. maria said it would be like this. seven days and counts, eight days with this. it would be eight days. will the win streak end? we ll find out in about ten minutes. coming up next, we go across the floor to our colleague bob pisani for what the sentiment as we head toward the closing bell. and chevron, its ceo john watson will join me exclusively to talk about how he plans to grow trux production by 20% in next four years. revolutionizing an industry can be a tough act to follow, but at xerox we ve embraced a new role. working behind the scenes to provide companies with services. like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%. and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how s that for an encore? with xerox, you re ready for real business. here we are, me and you on the road and we know that it goes on and on [ female announcer ] you re the boss of your life. in charge of making memories and keeping promises. ask your financial professional how lincoln financial can help you take charge of your future. oh, oh, all the way oh, oh she said we would finish higher. we ll see. it s negative now. are we going to finish the dow s seven-day win streak today. it s going to be a close call here, bob pisani. what do you think? i think the dow has a very good shot at it. might be a little tougher on the s&p. we re down three points. a little harder to get through. but both would be up eight days in a row if we got it at this point. markets, fairly narrow trading range. take a look at mastercard. we were doing all right until about 10:30 or so. dow was up about 30 points, and then mastercard presented at a credit suisse conference and said they saw some deceleration in card spending in february. this seems pretty obvious to me. you know, we ve had tax refund delays. everybody knows about that. i don t find that very shocking. but mastercard dropped. and that dropped the financial stocks. so if you look at big bank names, you ll see these bank of america, wells fargo, they all dropped on that news, as well as the other card names. and, well, the market just kind of drooped on that. that was the main catalyst. i know that s not much, but we ve got this delicate situation. the markets very extended right now. elsewhere, it s generally a risk off day. a lot of money going into some of these country etfs, korea, south africa, russia. those are all to the downside. and finally, maria, after six days of declines, the turnaround in some of those bond funds. some buying now in those treasury bond funds. 12 minutes before the closing bell sounds for the day. we ve got a market that is flat on the day, down five points. it s going back and forth. it s anybody s guess here in these last ten minutes. plenty of time. plenty of time. a lot of money managers have been warning of a correction on the horizon, but jason trennert says stocks aren t the only game in town right now. we ll get his bullish call when we come back. how about student loan debt. it is approaching the $1 trillion mark. many people do not think that big tuition bill is worth the money. that s the bad news. why some schools are now offering deals, you heard right, a sale on tuition. we ll take a look. stay with us. mission a for a fi. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet. dragon is captured. is connecting today s leading companies to places beyond it. siemens. answers. with fidelity s new options platform, we ve completely integrated every step of the process, making it easier to try filters and strategies. to get a list of equity options. evaluate them with our p&l calculator. and execute faster with our more intuitive trade ticket. i m greg stevens and i helped create fidelity s options platform. it s one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. executor of efficiency. you can spot an amateur from a mile away. while going shoeless and metal-free in seconds. and you.rent from national. because only national lets you choose any car in the aisle.and go. you can even take a full-size or above, and still pay the mid-size price. now this.will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. welcome back. jason trennert from strategic research partners says that when it comes to u.s. equities, there is just no other alternatives to u.s. stocks. who s this tina? tina was the nickname that margaret thatcher received in the late 70s, early 80s. because every time she would try to liberalize the economies in labor markets or try to privatize businesses, state-owned businesses, she would say, there is no alternative. so she got nicknamed tina. and we re using we re calling it the tina factor with regard to stocks. there s been a lot of talk of a great rotation. the great rotation is more from public pensions and endowments into equities than individuals right now. do you think individuals start picking up in terms of pace, in getting into this market? i think they ve started, but maria, i would say it s in the very early innings. there is some evidence in the last two months, last six weeks, that that s picked up. but throughout last year, it s very clear that individual investors were really net sellers of the equity mutual funds, buyers of bond funds in a big way. usually the retail investors is one of the last ones in. and that s why i think the fiduciaries will be the first. it is the unfortunate trend that always happens. it s the little guy getting out. we were talking yesterday about how the fear factor is transitioning from a fear of losing money now to being a fear of missing out on the rally, right? i think that s right. i still follow money growth. and there used to be a time when money growth actually was a big input into how stock prices did. one of the things that worries us most is that the stock market has gone up a lot without the velocity of money starting to turn up. and once that happens, it s going to get a life of its own. that s why i m more fearful of a runaway stock market, the upside, than the downside. you want to be in anyway. i want to be in anyway. i think it s going to be much more the so cals, although i think it s much more capital spend than consumer spending. last year, the consumer discretionary spending sectors did very well. ultimately because the economy hung in there and unemployment was coming down, and it wasn t as international. this year, it s much more capital spending. there s much more pent-up demand. it s very clear that companies held back on capital spending last year, during the run-up to the election and during the run-up to the fiscal cliff. this year, i think that there s some pent-up demand. anything to avoid? i personally would take it easy on the retailers. i think consumer discretionary is one of those things that s already had its time in the sun and i would focus more on the energy, the materials, and the industries. very good. good to see you, jason. good to see you guys. heading toward the closing countdown. and then my exclusive interview with the ceo of chevron, john watson will be here. we ll get his take on how many jobs could be created and talk about the controversial keystone pipeline, later on closing bell. but there are some things i ve never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don t seem so.far away. and his new boss told him two things cook what you love, and save your money. joe doesn t know it yet, but he ll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he ll start investing early, he ll find some good people to help guide him, and he ll set money aside from his first day of work to his last, which isn t rocket science. it s just common sense. from td ameritrade. 2 1/2 minutes left. they re going to make us wait until the very last second to see whether we finish with a close, which would be an all-time high, if we finish positive for the dow, it would be eight straight up days. by the way, i know what you re asking. what s the longest win streak
the parent reported the incident to the pleasanton police department. they say the teacher worked there since 2008 but resigned earlier this year. the school has taken steps required by the licensing agency including notifying parents. but picking up the pieces, that won t be easy. we were stunned. i mean, we re shocked. and we ve learned this morning that the department of social services has served an exclusion order on the teacher. basically meaning right now she cannot be employed in any licensed daycare or school facility. also, as i mentioned, letters went home. they are going to have a meeting with parents at 6:30. they are telling us the school is going to close on friday. they are going to retrain and regroup and reopen next wednesday. reporting live in pleasanton, christie smith, nbc bay area news. happening now, the conclave to elect the next pope is under way. this morning the 115 cardinal filed into the sistine council where the conclave kbbegan with prayer and oath of secrecy. we could see the results of the first vote sometime this afternoon. tracie potts innovate can city with the latest. a sudden downpour, thunder and lightning at the vatican this afternoon. 115 cardinals heading to the sistine chapel for their first vote. timot timothy dolan said the weather may be a sign. maybe the ep gental rahm roman rain is a sign of the holy spirit coming upon us. you just see the gentle movement of the breeze of the holy spirit. the closer you get, the more you get settled in your mind. settled on naming one of the cardinals at this mass as the next worldwide catholic leader. plenty of speculation it could be an american. americans can get things down. american cardinal sean o malley comes to mind, have been dealing with the sex abuse crisis for a long time, so they have that know how. speaking seeking a reformer, shepherd with the common touch, ceo. now in total exclusion until there s an answer. we re wondering today if this rain may wash out any sign of smoke. but that s one reason the vatican also rings bells when there s white shoek moke as a back-up. tracie potts, nbc news. we re encouraged to attend a special mass to mark the star of the conclave. parishioners at st. christopher s telling us what they hope to see in the next pope. we pray very hard our next pope will be very outgoing, and he will travel as pope john paul did and be the vicar of christ like pope john paul was. we need a pope who is young enough to be able to have health and strength. it s a difficult job. parishioners we spoke with say the church is going through a lot of challenges now. they hope the next pope will be able to lead them through it. as soon as that new pope is selected, we will bring it to you live and send out a breaking news alert on our website, nbcbayarea.c nbcbayarea.com. learn more about the conclave, head to the home page and type conclave. other news, afghanistan officials confirming a total of five international soldiers killed in a helicopter crash in afghanistan. all five americans. the chopper went down outside kandahar city in central afghanistan. initial reports show no enemy activity in that area at the time. nato officials say they are trying to determine the cause of the crash. the pentagon has not released identities of the soldiers that were killed. in the bay area, free on all counts this morning, an east bay man who served 14 years in prison for a crime he did not commit is speaking out. nbc bay area will be the first local station to talk to johnny williams. williams was convicted of attempting to rape a 9-year-old girl back in 1998. this month a judge overturned his conviction after dna testing spearheaded by northern california innocence project proved he did not commit the crime. we will have the interview with williams a little later on nbc bay-area news at 5:00 tonight. a bay area lawmaker calling for a federal investigation into the army s dropped rape charges against cop killer jeremy goulet. representative jackie spears says he should have been in jail other than a dishonorable discharge. ultimately was able to travel to oregon and santa cruz. they plan to introduce the military judicial reform act which will strip commanders of power to overturn decisions of judges and juries of court martials. a mother who used her young daughter to shoplift will serve 60 days for her sign. she was sentenced to 60 days in jail for one count of commercial burglary and contributing to the delinquency of a minor. she will also serve three years probation. her daughter is currently in the custody of her grandmother. the family of a missing oakland woman is widening their search for her later today. 31-year-old erica maskaleris disappeared thursday morning. she was last seen in this surveillance video walking outside a taste of denmark bakery on telegraph avenue. her family wants the public to take a close look at that video hoping someone will remember seeing her. we have new details this morning in the criminal case against south bay poll situation. the district attorney could be expanding its investigation after receiving tips from a san jose city clerk. the mercury news reporting that clerk noticed a possible forged signature on a city council campaign form. the former santa clara county supervisor has resigned, agreeing onto plead guilty of charges he used campaign funds to support his gambling conviction. shirawaka served two terms as a city councilman and on a local school board before becoming a supervisor. a southbay hot spot could get hotter and more hectic if you re looking for a punishinging space. city of san jose is considering a plan to build office space on santana road. three new buildings that total 700,000 square feet. the space would accommodate between 2500 and 3500 employees. the plans would require building on an existing parking lot along with chester boulevard and acknowledging this nearby apartment complex. reportedly the developer would build an underground parking garage. the city of san jose still has to approve the proposal. house republicans releasing a plan today attempting to show it is possible to balance that budget within 10 years by simply cutting spending. even though the plan paul ryan is releasing has little chance of going anywhere with the white house or senate. the house gop is sticking to its guns vowing to repeal obama care, cut domestic programs and require future medicare patients to bear more of the program s cost. we believe that the best way to do that is control spending and use tax reform to lower tax rates for everybody. america s economy is poised to grow and expand. the last thing it needs is another manufactured crisis, such as a government shutdown, to derail its progress. president obama is scheduled to meet with the senate democratic caucus later on this afternoon. the federal budget is likely to be part of those talks. still ahead, hollywood comes to silicon valley. the film shoot that could interrupt a southbay drive in silicon city. also, was there ever life on mars? what nasa researchers announced about mars rover. we ll have that next. what s behind all the good moods on the market? we ll take a look coming up in business. we ve got some good moods in the wet department. good morning to you. even with the fog we re slated to get near record territory this afternoon. the heat will break just in time for st. patrick s day week of the rain moves in. we ll sort it out for you in your full forecast. if you like shrimp, then you re going to love sizzler s shrimp combos starting at just $9.99! four kinds of shrimp, seasoned just right and served in three new combinations. at sizzler! this morning we re learning more about the red planet also known as mars. just moments ago nasa scientists telling us what they learned from the very first rock sample collected by the curiosity rover. live in mountain view right now. bob, what can you tell us about the latest out there. reporter: good morning, jon. a news conference wrapped up. the discovery announced by scientists at nasa and in washington, d.c. gives them hope mankind could one day find definitive evidence that life once existed on mars. scientists spent two months analyzing the rock sample curiosity rover from mars. 5 centimeters below the surface of rock in the ancient stream bed. part of the surprise for scientists was to see the rock color go from red to greenish gray in 5 scecentimeters. it contained clay and key ingredients for life. in their opinion mars can preserve a record of its earlier life, possibly maybe a fossilized microorganism that could be discovered by curiosity. you see red, that s oxidation, the destruction of organic matter we would be looking for. when we drilled into this deposit and found nice gray-green sediments and other things mentioned in the press conference, this is evidence there are conditions beneath the surface that we drilled into that could, in principle, preserve organic matter and other evidence of life that we would be looking for. scientists don t expect to find a living organism on mars. it is essentially a dead planet. they are hopeful of finding a record of its microbrial past. incidentally incidents on board rover to make this analysis are at nasa. reporting live, bob redell, nbc bay area news. thank you, bob. turning now to business news. seems some investors are from another planet driving markets to record highs despite a lack of good economic news. scott mcgrew has a look at the markets and a theory for us. good morning to you. after several days of records, the markets can t quite figure out what direction they want to go. we see rick smith, ceo of taser opening up the nasdaq and nyse. the dow trading around the break even point all day. yesterday closed at a record high once again. today looks like it just can t find the traction. what everyone is trying to figure out, though, is why the markets are so complacent and happy. one idea is that the growth in the economy is going to pick up speed faster than we expect at a time when the fed is easing monetary policy. a brief moment in time where we get the best of both worlds. we get growth and low interest rates. what s not to like about that. the risk of inflation, that magic moment, if it lasts too long, if it exists, prices could rise faster than the fed can raise rates to stop it. tomorrow you ll get ucla anderson forecast, a look ahead at economic growth. we ll go through that looking for evidence to support that theory that growth is much faster than we think it is. but for the moment, it looks like it s sort of an indecisive day on the market. back to you. scott, thanks. cnbc reports this morning google will pay a small fine to settle a lawsuit brought by 37 u.s. states. the suitcase after google mapping cars recorded people s wi-fi data as they drove through neighborhoods. google said cars were only supposed to record names of wi-fi access points as a way of making its mapping systems better, not the actual data. the fine according to inside sources comes to $7 million. google has not commented on the report. speaking of fine, we re talking phine, let s look at weather, which is outstanding. christina will tell us about that. it s going to be beautiful out there today. we had that cloud cover even with all that fog socking in sunol for most of the morning. it s clearing out here. see that from san bruno. still warming up nicely. at this point hazy sunshine. this is san jose to show you, just a beautiful day. 54 in livermore, 56 in san jose, sun is out in sunnyvale, 63. warming up nicely along the coastline, see here clouds left over, peeling back trt coast giving you sunshine. can you stand on the beach in pacific, a and see that lurking marine layer. it s going to clear as we head to the next few hours. for us we ll hit 70s at places like santa cruz. with the recent time change. you re getting sunset at 7:15. about 12 hours of daylight this time of year bringing temperatures up to unseasonably warm levels. a strong ridge of high pressure is not going to go anywhere. 78 degrees. that s your forecast high in livermore. tomorrow more like 81 degrees. high pressure gains even more strength for us. that means a little patchy fog tomorrow, less than we had today. about a third less than we had this morning. that s going to make way to widespread 70s. three to five warmer, peak holding onto the high pollen count. good air quality. good news, give-and-take. head near thursday, temperatures start to drop off a little bit. by friday hit the beach comfortably. see more fog to start the day. saturday into sunday, clouds increase, get our next shower chance on monday into tuesday. not looking great. it is there. 10 to 15 north bay shower as we kick off next week. back to you, jon and martinez. thank you very much. consider yourself warned. a slice of hollywood could end up getting in your way for your drive tonight in palo alto. hbo filming a pilot about silicon valley on university avenue between webster and waferley from 6:00 to 4:00. no businesses will be closed during the shoots. apparently the pilot is about a group of programmer trying to strike it rich. no idea what the genre is. considering it s directed by mike judge we re thinking comedy. he s the guy that created beefes and butthead and king of the hill, highbrow classics. an unconventional approach to dealing with meteorites. why russia is considering a plan to use nuclear weapons on space rocks. i m not sure what the conventional way to deal with meteorite. we ll work on it. a foreign country taking issue with hollywood. we ll tell you about the lawsuit over argo. [ female announcer ] this is a special message from at&t. [ male announcer ] it s no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it s our bundle price promise. [ male announcer ] a price you can definitely count on for two whole years. from at&t. call to get u-verse tv starting at just $19 a month with our triple-play bundle. get the same great price for two years. plus now get two times the internet speed than before. you get reliable high-speed internet on our advanced digital network. choose from speeds up to 24 megs. [ female announcer ] and with u-verse tv, you can record four shows at once on your total home dvr and play them back in any room. [ male announcer ] so call now. u-verse tv starts at $19 a month with our triple-play bundle, with the same great price for two years. plus two times the internet speed than before. [ female announcer ] switch today and get a total home dvr included for life. [ male announcer ] it s a triple-play bundle that s hard to beat same great price, two whole years, price promise. [ female announcer ] that has a nice ring to it. [ male announcer ] only from at&t. iranian media say authorities are planning to sue hollywood over the oscar winning argo because of the movie s unrealistic portrayal of that country. the movie is based on the rescue of six american hostages from the besieged u.s. embassy in tehran in 1979. a frempl lawyer is reportedly in iran over talks over how and where to file that suit. officials in russia say they have a plan to deal with future meteorite strikes. forget running for cover, how about nuking them before they hit. the russian federation council holding a meeting to discuss the possibility of using nuclear bombs to change the meteorite s trajectory as it falls to earth. the project would require international cooperation, of course. the talks come one month after a meteorite flashed the sky over the mountains creating a sonic boom that ended up shattering glass and damaging a lot of buildings. a judge has blocked a controversial law in new york city that limits the size of sugary drinks. the law bans sodas and sugary drinks more than 16 ounces. the judge struck it down calling it arbitrary and capricious. so. [ gasps ] these are sandra s homemade yummy, scrumptious bars. hmm? i just wanted you to eat more fiber. chewy, oatie, gooeyness. and fraudulence. i m in deep, babe. you certainly are. [ male announcer ] fiber one. [ man ] excuse me miss. [ gasps ] this fiber one 90 calorie brownie has all the deliciousness you desire. the brownie of your dreams is now deliciously real. now taking a live look at sunol, one of the warmest regions across the bay area. this will be the warmest day of the year so far, and we are going to get even warmer by tomorrow, peaking at 81 degrees inland, 78 bayside and 74 at the coast. when we meet back here tomorrow, we ll be talking about potential records. stick around for that. right now send it back to you, jon and marla. christina, thanks a lot. 49ers alex smith will soon be former 49ers alex smith as he has a brand-new home this morning, starting this afternoon officially. starts at 1:00 our time when the niners will officially trade him down to the kansas city chiefs. in exchange the niners expect a second-round pick this year, conditional pick in 2014. smith, as i recall, spent the last eight years, a lot starting before he got replaced by kaepernick. i looked up your photo, looking rock hard. sad to see him go. join us tonight at 5:00, 6:00, and 11:00. [knock on door] - hey, jack. - lemon, i was in beijing this weekend, buying a reality show format where criminals try to dance their way to freedom. - jien-yu pi-li-wu, sure. - i also bought this. a chinese knockoff of your book. - what? dealbreaker: the book for you man no good, by lesbian-yellow-sourfruit. - so, uh, what do you need from me? - ah, well, our new cast member starts today. - oh, of course, the robot. i liked him. - we don t know anything about him. i don t think his real name is partybot. i don t know what he looks like. i don t know what he talks like. i certainly don t know if he can act. - lemon, what did you once say to me about acting? - just hit your marks, stay in your light, and do the same thing every take for continuity. - see? anyone can do it. [knocking] - miss lemon, security called. our new actor just checked in. he ll be on six in a couple minutes. - let s go introduce ourselves. - this is so exciting. maybe we should practice the welcome song i distributed. [falsetto] makin a new friend sure ain t easy and that s how two become one - lemon, do you have any plans for dinner tonight? - i do, i bought an activia microwavable panini. - good god, have dinner with me. - just the two of us? - yes. - okay. - hey, jackie d. i hope the new dude isn t impossible to work with, like some people i know. - i hope he s educated. - i hope he hates toofer. - i hope he likes janitor hugs. [door opens] - somebody s coming. [all gasp] - oh, no. is that the new guy? - what? no, it s me, lutz. i ve worked here for three years. i gave you that car i won. - come on. [door opens] - hi. i think i m supposed to be on tv. - jack donaghy. good to see you again. - oh, hey. i m jack.baker. so guess there s two jacks here now. - i don t think there are. welcome aboard.danny. - hi, danny. i m liz. - did he just change my name? - let s go look at your dressing room. danny. - he looks like all the guys in my magazines.
folks, have a great weekend. we will see you right back here on monday morning. this is the bill press show. [ theme music ] stephanie: hello. well you know it that s day before vacation jacki, why in chris is wearing shorts and t-bone said the flirt teeny bar is over. are you really wearing shorts. yes i am wearing shorts. let s just pop out leis and call it a day. stephanie: and senator feinstein is still scraping ted cruz off of her shoes. that was awesome. stephanie: thank you for the lecture i appreciate it. i m going to play that all morning. yes, she says to him essentially i have been here longer than you have been alive. stephanie: we ll it is just awesome. and speaking of awesome chicks. jacki schechner in the current news. happy friday everybody. president obama is travelling to argon today, a department of research that specializes in advanced battery research. you may remember during his state of the union address, the president stated he is prepared to use executive action should congress fail to act on alternative energy. he is going to ask for $2 billion over ten years. the money would come from royalties from offshore drilling. rob portman has changed his stance on same-sex marriage because his son is gay. he said his son will came out to him back in 2011 and then he realized he wanted his son to have the same opportunities as everyone else. senator portman was a potential date for romney last year. he was a sponsor of the 1996 defense of marriage act. he now says that voters in each state should have the right to approve same-sex marriage should they so choose. and mitt romney is speaking at cpac today which has plenty of allies and conservative activists wondering why. they wonder what he could possibly say that would have any impact or be of any interest. we re back after the break. stay with us. going to do the young turks. i think the number one thing that viewers like about the young turks is that we re honest. they know that i m not bs ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i m going to be the first one to call them out. they can question whether i m right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. you re invited to take the lysol wipes challenge. try lysol dual action wipes and see the cleaning power. lysol dual action wipes have 2 sides instead of one. a scrubbing side that cleans tough stains better than clorox. and a smooth side for everyday touchups. all while killing 99.9% of germs. take the lysol wipes challenge today. available at walmart. 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[ theme music ] announcer: ladies and gentlemen, it s the stephanie miller show ! i m walking on sunshine woe ho i m walking on sunshine woe ho it s time to feel good hey all right now it s time to feel good stephanie: it is the stephanie miller show. people on tv can see us screaming at each other before the show. yeah, you are screaming at things 20 seconds before the show is over. stephanie: you know what, you are fired. take next week off. okay. stephanie: but then make sure you are here next monday. uh-huh. stephanie: let s just pretend you are fired to get it out of my system. you still have a job jim. really? he shows up late and he still has a job. i could push the buttons. stephanie: all you sneed a muscle-bound chimp for that. oh okay. stephanie: he ll wear oven mitts. all right. see you later, bye! stephanie: jim you know how to get the door-slam sound effect, don t you? i m sure it is under d. what can possibly go wrong? there has to be only 17 entries that begin with d. there is the david shuster jingle, ducks, dog growl, drama string stephanie: play them all! you are a douche bag. don t speak. don t speak. and thank for playing in denial. oh. dropped things. that was the george tikai thing. drink the sand. i want leadership. i m thirsty for it [overlapping speakers] [ laughter ] stephanie: we ll keep hitting the delete movie. there s a lot of d stuff in here. stephanie: you are not deleting any of my rob reiner stuff. oh, my! stephanie: wow, we have good stuff in there. i ought to spend vacation rummaging through your box. you should. stephanie: don t [ censor bleep ]! stephanie: why don t you ever play that. oh, my god, you are so fired again. dr. furrier. stephanie: dr. haris next. door knock then open. [ knocking ] stephanie: this is like old timemy theater gone amuck. then the drunk. stephanie: why do we have that in there? stephanie: i have some musty things in there. i have musty old things in my box. it s full of cobwebs and spiders. no wonder you can t get a girl. [ buzzer ] oh, yeah it s a the day before vacation stephanie: i would stay tuned, because you never know what is going to happen before vacation. we re going to have a brand new congressman on next. stephanie: yes. representative mark pocan. stephanie: you don t know if you are saying that right. i asked t-bone before the show. stephanie: we have john fugelsang in hour three. and next week hal sparks in live for us all week jacki schechner live in studio for him. and then coming up in april this is where i point to you, and you take too long to get it to. i love the sexy liberals i m going to get all my sexy liberal stephanie miller takes up a flight to the windy city with see singing with babies of three and the wine that she keeps in a box by the door that s what it s for on to sexy liberal, where do they all come from all the sexy liberals chicago s where they ll come yay! and i did all of the string arrangements myself. stephanie: i m flying tomorrow. and the tsa said yep we re letting the knives on! [ bell chimes ] [ applause ] stephanie: yeah and a novelty bat. stephanie: i can tell your right now i m going to get hit by a drunk with a novelty bat. that s whiz clunk just so you know. snoo you ll stephanie: you ll need to know that i ll probably just hit whiz. [ water rushing ] that s whiz. stephanie: would you like an all-time radio fun fact about momma. one of my partners we were recording a radio bit, and we needed that sound affect and we didn t have it so he created it himself in another studio in a jar. uh-huh. took the tape recorder in too. stephanie: yeah. all right. stephanie: all right. that s what us old timers call bullying. stephanie: some old timemy radio fun facts about momma. speaking of which we have a brand new picture up on the stephanie miller show facebook. guess who was right there yesterday? steven stills. momma s new best friend. he has a new album. he was doing phoners, and i got in the studio right over there. and he is bringing me his new box set soon which is coming out. and there s a picture of me and him and hot brie out there is. stephanie: melissa fitzgerald we were out having a a drink, or 12 stephanie: or 15. or a bunch. it looked like a pretty swanky restaurant stephanie: well, it was near his house, so yes, i was. okay. stephanie: and i m flying tomorrow just in time for the tsa to say what could go wrong they say they plan to allow small knives on the plain. can t someone overrule mr. tsa. i pity the fool! stephanie: i don t think they should allow pistollies either. the head of the tsa said he stands by his plan to allow passengers to carry small knives despite a growing backlash. shocking flight attendants are like, excuse me? excuse me now? it s unlikely he said in these days of hardened cockpit doors that these small knives could be used by terrorists to take over a plane but they could stab other passengers. stephanie: yes. and searching for knifes is time-consuming. they confiscate 2,000 such knives a day. how come everyone is carrying a knife? that is their yob isn t it? stephanie: what aim thinking of jim the [ inaudible ]? stephanie: no. where the guy has 17 different kinds of knives. swenny todd? [ buzzer ] noo stephanie: no. but isn t that their job? no their job is to iradiate you while looking at your junk. stephanie: he said it is not their job to prevent disturbanced by in all right. high-speed rail can t come soon enough. stephanie: there are already items that can be used to harm someone. [ buzzer ] this guy is as competent as michael brown. stephanie: he said there s already items on board that can be used to harm people so why not let everyone know. stephanie: whether it s in first class with a metal knife and fork oh thanks for the tip. can i borrow your knife stephanie: or whether it s a wine glass or wine bottle that they break and use. [ buzzer ] stephanie: stop but the wine bottles are like this big oh that s whiskey bottles. stephanie: no they use real wine bottles. stephanie: yeah. they are protected by that curtain. do not go through that curtain. it s an iron curtain. stephanie: now i got to worry about a bar fight on my flight tomorrow. i think they need to hardened doors behind first class and let everyone else drown in steerage. stephanie: get out of my wood plank. splish. do we have a splish. stephanie: i think we do. it s under splash jim. [ water splashing ] stephanie: besides knives passengers can include novelty-sized baseball bats less than 24 inches. there s something there. stephanie: toy plastic bats billiard cues ski poles those don t fit in that little sizing box. how are those allowed on board? stephanie: i don t know. the policy is apparently allowed at allowing passengers to carry penknives, corkscrews oh, now you are talking my language. [ bell chimes ] [ applause ] a drone. stephanie: that s right. you can just fly it up to first class stephanie: sure and get something sharp. i m sending my drone to first class to break off a wine glass. yet i m not allowed to bring shampoo. stephanie: no. nicely done. fly safe everyone. [ applause ] you are allowed a pen knife but not shampoo. stephanie: right. drive by hair dressings. one by fruitings. that comes with the hair dressing. stephanie: dyneianne feinstein is still scraping ted cruz off of the bottom of her shoe. we ll have that for you next. announcer: it s the stephanie miller show. this show is about being up to date, staying in touch with everything that is going on politically and putting my own nuance on it. in reality it s not like they actually care. this is purely about political grandstanding. announcer: going to make me lose my mind y all going to make me go out all, up in here up in here y all going to make me act a fool up in here up in here not in there. no, up in here. stephanie: thank you. oh dear. white people show good morning. twenty-three minutes after the hour. 1-800-steph-1-2. this is nothing but awesomeness. senator feinstein, i solute you. it was full of awesome sauce. stephanie: right. all of that and i can t even count the bags of chips. steph that was from 1994. stephanie: i know it. up in here. ted cruz what a what a douche nozzle. there are not 205 communists in the state department or the harvard law school. stephanie: right. republican ted cruz the teeny tiny, little junior senator from texas. it really was unbelievable. dianne feinstein regardless of your politics i mean give me a break. this woman has been in the senate how long? and as she was pointing out she has literally put her finger in a bullet hole. yes. i remember that. i remember hearing about it on the radio were you in san francisco? no, but i could listen to kcbs from l.a. okay. stephanie: a lot of old timemy radio stories. i used to be on the big 50,000 watt power blaster back there. i remember when mr. marconey gave me a ride in his model t. when i lived in phoenix that s how i used to listen to you. you could hear koa denver from almost anywhere. stephanie: we had callers from iowa. really? that must be some skip. back to dianne feinstein. stephanie: right, what was i saying? [ laughter ] stephanie: i m not sure if it s drinking or early on set, but whatever. i frequently don t know where i am. early onset admiral stockdale is what you have got. stephanie: i sometimes pause and i don t recognize you two. oh! okay. okay. anyway, yeah, he just so he was just being a douche, basically. he was. stephanie: she was talking about they are obviously debating reinstating the assault ban weapons. i m not a sixth grader. i walked in. i saw people shot. i have looked at bodies that have been shot with these weapons. i have seen the bullets that implode implode. sandy hook youngsters were dismembered. it s fine you want to lecture me on the constitution. just know i have been here for a long time. i have passed on a number of bills. i studied the constitution myself. i am reasonably well educated and i thank you for the lecture. stephanie: rock and role! [ cheers and applause ] nobody lights lighters anymore. they light their cell phones. stephanie: oh, right. i haven t been to a concert since they ain t related but they do be brothers. nobody smokes anymore. they use the smokeless cigarettes nowadays. stephanie: yeah, he did the you get easily side tracked stephanie: i love you. wa wa wa. it turns into charlie brown s teacher. stephanie: yeah, and we went crazy in buffalo. [ cheers and applause ] you get so easily sidetracked. stephanie: what were we talking about? oh, dianne feinstein. incidentally this was not prohibit you use the word prohibit. it excerpts 2,271 weapons. isn t that enough for the people in the united states? do you need a bah zoo ka? do they need other high powered weapons that military people used to kill in close combat? i don t think so. [ cheers and applause ] stephanie: i love her. you are a chick, you understand army stuff. wait until you hear what ann coulter saying about her. they say she was whining and crying yesterday. stephanie: oh sure. and how classy is this after the vote feinstein said to him, senator i want to apologize to you. you sort of got my dander up. really? i would have kicked him in the nads. i don t think senator cruz has nads. stephanie: yeah he is like the army guys he plays with with no gentles. he s a smoothie. stephanie: right. gi neuter. stephanie: right, exactly. all right. things are only going to get weirder. and an culter s hair looked awful last night on hannity. hannity was wearing her hair? stephanie: we ll do right-wing world next on the stephanie miller show. compelling true stories. jack, how old are you? nine. this is what 27 tons of marijuana looks like. (vo) with award winning documentaries that take you inside the headlines, way inside. (vo) from the underworld, to the world of privilege. everyone in michael jackson s life was out to use him. (vo) no one brings you more documentaries that are real, gripping, current. break the ice with breath-freshening cooling crystals. ice breakers. stop looking at car interiors. get inspired by other stuff. yep. yep. ok. sure. why not? woah. touchscreens. put that in your dash. now, luxury stuff. make your seats like that. that thing has wifi, why doesn t your car? you can t do that. ignore that guy. give it wifi. yes! make it fit 5 people. no, 5 actual sized people. give them leg room, good. destroy boring car interiors forever. and that s how you do it. easy. a closer shave in a single stroke for less irritation, even on sensitive skin. gillette mach3 sensitive. gillette. the best a man can get. announcer: stephanie miller. the only way to make things happen in the real world is by taking akctions. i have taken action it drives your [ inaudible ] but the sex is amazing. what? stephanie: what is this? craigslist men for men ads. people want some sex on the dl as the kids say around cpac. stephanie: yikes democratic what do they call it? hate sex? [ buzzer ] presumably they all love their wives! stephanie: presumably they like their hair pulled. oh, let s not get into that again. did i make left-wing hate speech last night on hannity? you did not. i think he is on to you. [ wah wah ] stephanie: that tick tack brain inside of that giant noggin, yeah, he is easily tricked. stephanie: everybody enjoy your hate sex [ applause ] i don t know if you can actually read these stephanie: no but people can see my thought bubble. oh, it s dirty. [ giggling ] stephanie: let s dive into the right-wing world. ann coulter she needs a good talking to by taylor swift. dianne feinstein like her other i am woman hear me roar democratic female hillary clinton as soon as they get a question they don t like they start crying. i used to think women just shouldn t be able to vote now i think liberal women should not be able to hold office. that is not an answer. i m offender. stephanie: she makes me want to scream like a goat. in the wores of the immortal taylor swift no opalgy, he s the reason why you re drowning you re drowning you re drowning oh, come on stephanie: all right. it s all i ll ever be stephanie: all right. okay. all right. whatever. whatever! stephanie: yeah. ann coulter is just wow. uh-huh. yeah she s [ sighs ] liberal women should haven t office. stephanie: right. did i say she s not supportive of her fellow women. well, that s a loaded question. stephanie: let s not take that joke. all right oh my god i am more of a man than any liberal is she admitted it. stephanie: thank you. all right. bill o reilly. there have been no real cuts. democrats are just slowing down the rate of spending. but the sad fact is barack obama not going to change his opinion. he believes a massive federal debt will not harm the country, period. stephanie: the deficit is going down, down down. george bush ruined the economy. obama is trying to save it. stephanie: yes, lowest level of spending since eisenhower. rush limbaugh so what the left tries to do you ll hear this fill this pulpit praise for his behavior towards the poor and people in the thir world, and it s going to be an attempt to soften him up, because eventually what they want him to do is renounce christ. that is the objective of the progressives who oppose the catholic church. stephanie: oh! oh! it s progressives that you mean alter boy rape? what do we oppose? no progressives want the pope to renounce christ. stephanie: oh yes, that s on the top of my list. huh? he is just making stuff up. stephanie: and that s why pat boon would come in on fox business channel. he is following his play book which is [ inaudible ] rule for radicals. come on. this is the guy that trained him to be a marksist, a socialist, a progressive those are not the same things! but there has to be some kind of reasoning for what he does. he has a plan which he thinks is good for america, virtually socialist america, the government is in charge of everything. i was on his enemy s list on the first year of his presidency. what? nixson has the enemies list. stephanie: my number one priority. get pat boone. osama boone ladin. stephanie: what i meant to say is pat boone is going down. why is he on fox business channel. why is there a fox business channel? stephanie: right. how was he talking about the economy or dow. stephanie: dr. keith a-blow. abblow. abblow. stephanie: i always get that wrong like roger hedgehog cox! stephanie: excuse me? roger hedge cox. this is like the husband who beat you coming back, saying i have changed! i have changed, honey. look, know you haven t, because you haven t been in therapy with dr. keith abblow the president believes everything he believes in based on being abandoned by everybody where are you getting this crap? oh, right out of your ass, of course. stephanie: psycho babel was that also on the fox business channel. stephanie: has roger hedgehog ever been on cox! stephanie: excuse me in roger hedgehog. stephanie: all right. dick what? stephanie: morris. he was accosted by a reporter at cpac. any new thought on what brought that about? i love fox and you come and you go in this business. i ll come again. do you think you ll return to fox again? yes. when do you think that would be? oh i don t know. stephanie: i m sorry dick said he ll come again? really? he needs to be on dr. ablow s couch for that. he was winded. i i i stephanie: anything wrong with you being wrong about everything in this history of everything! winded by a run-on sentence. [ applause ] stephanie: and then he fell on a sack of hammers. i i [ gasping ] you soundlike slep car from wonder bug. stephanie: i can t get enough of his impression. i know. [ applause ] stephanie: that was a weird right-wing world. let s go to eric in albuquerque. caller: i love you guys. stephanie: thank you. caller: i have a question. what do you tell somebody that has saved their life with a handgun? do you tell him that his life is worthless than someone else s life. stephanie: yes, exactly. no, eric you would tell them you are very lucky, because most people actually injury themselves or someone else that they love with a gun. caller: i have another question stephanie: i m not saying it doesn t happen caller: more lives than they take? stephanie: pardon me caller: guns save more lives than they take? stephanie: no, i do not. i think they take many more lives caller: you think so. stephanie: no, this is statistics caller: well [ inaudible ] anywhere from 600,000 to 2.5 million are saved by handguns. stephanie: where are you getting that from caller: that was [ inaudible ] from years ago. i m just wondering and i am that somebody stephanie: okay. caller: i was able to save two lives that would not be here today but they don t keep those kinds of statistics eric? and you have a sucky phone which is driving me crazy. yeah, you spent too much money on guns. stephanie: you bought the sneaker phone because you spent a billion dollars on bush masters. and ammunition. stephanie: oh i m enjoying myself too much today. he saved people s lives because he had a gun, good for him. stephanie: yeah, exactly. but stephanie: all right. and thank you for your freshly made ass facts. forty-five minutes after the hour. right back on the stephanie miller show. god what did you have for breakfast this morning? carnation instant bitch? announcer: it s the stephanie miller show. billy zane stars in barabbas. coming in march to reelz. to find reelz in your area, go to reelz.com lobsterfest is the king of all promotions. there s nothing like our grilled lobster and lobster tacos. the bar harbor bake is really worth trying. [ male announcer ] get more during red lobster s lobsterfest. with the year s largest selection of mouth-watering lobster entrees. like our delicious lobster lover s dream, featuring two kinds of lobster tails. or our savory, new grilled maine lobster and lobster tacos. my favorite entree is the lobster lover s dream. what s yours? come celebrate lobsterfest and sea food differently. [ male announcer ] visit redlobster.com now for an exclusive $10 coupon on two lobsterfest entrees. you re invited to take the lysol wipes challenge. try lysol dual action wipes and see the cleaning power. lysol dual action wipes have 2 sides instead of one. a scrubbing side that cleans tough stains better than clorox. and a smooth side for everyday touchups. take the lysol wipes challenge today. available at walmart. he opened his mind and let the music flow but in his attempt to break on through, he found the end. of all the hours in all his days, these are the ones you ll never forget. announcer: stephanie miller. is everybody going crazy is everybody going crazy tell me what is going on if you open your eyes i don t think any of us do. stephanie: this hour brought to you by sherwin williams. make the most of your color with the very best paint. ask sherwin williams. wow! that last caller was using his cell phone for target practice. stephanie: yeah. [ gunfire ] pull! i just killed siri! stephanie: this thing sounds like crap! i can t talk to that liberal station anymore! [ gunfire ] i killed siri! i done it! stephanie: please, this is a quick tip from the stephanie miller show, do not use your cell phone for target practice before calling a radio talk show. what what i save million i i stephanie: at attention gun nuts, here are some talk radio tips. wow, it s exciting cpac is going on. it is. [ world news tonight theme ] stephanie: what it is called ? i don t know. a bunch of right-wing crazies convening in dc. stephanie: and they are not allowing the gays. no, rob portman now allowed anymore. stephanie: no, rob portman came out and announced his acceptance of marriage equality because his son is gay. let s hear it for the boys stephanie: that s why he didn t come romney s running mate. yes. stephanie: a lot of us cannot read on my little family radio show, i want to [ censor bleep ] a lot of guys looking for guys at cpac. there is a lot of guys looking for some strange. stephanie: woe! this is kind of this one is kind of festive. [ fun-facts music ] stephanie: hey, guys he means in a gay way. hey. stephanie: hey girl! [ laughter ] stephanie: i was wondering if there were any gay, bi or curious guys going to cpac. computer says yes. stephanie: i m not looking for anything crazy. just a little [ censor bleep ] stephanie: just a new friend oh, that s totes adorbs. stephanie: we could maybe escape the crowd and head up anything can happen smiley face. and he does the kind with the nose. i always do the nose. stephanie: i don t, but we went the extra mile and did the nose. smiley face. i just learned how people do that little while ago and now you overuse it you have an overused colon. you have emogi, and you can do animals, flags stephanie: oh, no! all of my friends that are listening right now just went oh thank god. [ wah wah ] look what i can do. now if we can just get you to use capitalization and punctuation stephanie: i don t have time for that. i m ddf drug and disease free. stephanie: oh. most of my friends that will be there won t know i am gay, so it would be cool if you are discreet as well. if you are also a self loathing gay. yeah. stephanie: it would be helpful if you were also cloaked in shame. i don t mind people knowing, just want to control the time and place they find out, get my drift? i think his time line is never. that s what that sounds like. stephanie: if we meet up and it turns out we don t really hit it off, no worries. no pressure for anything sexual. just mostly looking for a cpac buddy. however if you do want to [ censor bleep ] that would be a bonus. that s adorbsadorbs. stephanie: hit me up. and since most of the guys reading this are liberals, i would be happy to explain why the agenda is more really! what do they call putting the liberals in concentration camps with pink triangles on them. that would kind of kill the mood if you started getting a lecture. stephanie: buzz kill. oh here is one more. [ fun-facts music ] stephanie: these are happy and sunny and 50s like. clean cut prep type in town for cpac. [ bell chimes ] stephanie: looking to mess around with hot tops while i m here. not like the four tops i want that shirt, give me that shirt. not that kind of top stephanie: give me that shirt. not that kind of top. stephanie: we re in detroit for two days you brought how many? [ laughter ] [ fun-facts music ] stephanie: can sneak away for fun any time in my hotel room. white disstreet guy discrete. stephanie: discrete guy here. look for tall inshape guys with big [ censor bleep ]. 21 to 30. two tops are cool too. stephanie: if you brought a lot of shirts like me. not that kind of tops. stephanie: oh, really? the singers? no. stephanie: oh, he only wants two tops not four. i don t know if he could handle four. stephanie: oh okay. betty in tennessee. caller: hi, how are you. i was calling about the ted cruz and feinstein thing yesterday. stephanie: yeah. caller: i was watching and, you know, he was so cold and everything towards her, i think he owes her and also those people in sanity hook an apology. he is just so over you know like pushy and like he doesn t care like they were shooting duck not children that morning. stephanie: i know. caller: i have never seen a senator act in such a way. stephanie: i agree, betty. you only get three shots if you want to go duck hunting. someone tweeted that they don t think the gaylord hotel can provide enough closet space for cpac. stephanie: that is a good one. [ circus music ] stephanie: it s smells of self loathing in here. my room is just a closet. oh my! how did i wind up here. stephanie: oh, clutch the pearl necklace. oh really. stephanie: fifty-eight minutes after the hour. right back on the stephanie miller show. [ theme music ] stephanie: hello, current tv land. hour number 2. i now have a bone to pick with chris. stephanie: huh oh. you are not to turn him on to more smileys. i m sorry. i know. i know. she oversmiles as it is. stephanie: i m going to text you with emotocons right now. i can get colorful ones from my iphone. you are not helping chris. she is going on vacation and get drunk and send me pages and pages of smileys. you and hal are smiley face. chirping frog. yes, jacki schechner will be right here live in studio with hal sparks. that s vacation for you. i get to hump him in person on wednesday. stephanie: hello, now. not really. stephanie: here she is jacki schechner. good morning, everybody, the white house has just launched a new feature called being biden. if it s a photo online and vice president biden tells the story behind the image. the first one shows the vice president serving rolls in delaware earlier this month. and they go out and they hunt for wild game that they then cook up and serve at the fire hall that you see in the background. all of the money goes to charity, and then there s an auction. he goes on to say that that auction offers up guns and bows with the money going to help money in need. he emphasizes the right to own firearms, but also for self protection and hunting. the nation has been crying out for responsible action and he called on congress to seriously debate gun-control legislation to make all of us safer. a federal grand jury in miami is investigating senator bob menendez and his ties to a wealthy donor and friend. they are interested in how the center may have intervened on his behalf to encourage the dominican government to honor a contract with the port security. and why he intervened on his behalf as they were looking into allegations of medicare fraud. we re back with more show after the break. stay with us. all the time now. she gets the comedians laughing. that s hilarious! .and the thinkers thinking. okay, so there s wiggle-room in the ten commandments is what you re telling me. you would rather deal with ahmadinejad then me. absolutely! and so would mitt romeny. she s joy behar. and the best part is that current will let me say anything. what the hell were they thinking? only on current tv. build a ground-breaking car. good. now build a time machine. go here, find someone who can build a futuristic dash board display. bring future guy back. watch him build a tft display like nothing you ve ever seen. get him to explain exactly what that is. the thin film transistor display. 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[ theme music ] announcer: ladies and gentlemen, it s the stephanie miller show ! i m walking on sunshine woe ho i m walking on sunshine woe ho it s time to feel good hey all right it s time to feel good are you torturing everyone you know. stephanie: jacki is going to kill you. i just sent her like 25 emotocons in a text. oh, boy. and you saw how many the iphone provides. stephanie: oh, my god. i m going to do it my whole vacation now. oh, god. stephanie: 1-800-steph-1-2 the phone number toll free from anywhere. stephanie miller the website sexy liberal tickets going very quickly. sexy liberal hal sparks filling in for us next week. i don t even want to do my show now. want to go back to texting people with my emotocons. i was like chris, you broke my oh it was just that thing. yeah. stephanie: we were talking about cpac and reading craigslist ads. they won t allow the gays but they sure are busy looking for them. stephanie: my new favorite writer writes the annual conservative gathering is always bad, but this year s choices of main speakers seem designed to alienate as many americans as possible. the trajectory is down on a scale so tedious i have difficulty comprehending it. can these people really believe they are accomplishing something? they are showing america they are mad at hatters. it is amazing. right it s sarah palin, trump, nobody with any chance of getting elected. he says they aren t the most articulate policy thinkers. they are the most adept red meat throwers. cruz is new to the game but what with his recent prove you stop beating your wife attacks he has risen up the ranks pretty quickly. suppose you are organizing this conference your party just got thumped, and there s inevitable talk of rebranding, what do you do? you throw out the gays and deny the invisitation to one republican on the scene who has an ounce of appeal, and then you choose to highlight two aging averaging blow hards? i love this. so he finishes he says conservatives today isn t a political movement it s a therapy style. this conservatism serves primarily as a negative reinforcer a convening place for those who feel the same social rage wanting to get together for drinks and shouting and another thing. it s tea party harmmy. we re trying to help we really are. i created tea party harmony. we re the only site that has the patented 19 dimensions of douche bagry. when i met sam for our first date at the firing range, it was just boom. i m afraid of brown people. don t tread on me. i found out he kind ofs like it. found that one person who is going to love you passionately for that gun-toting nut you really are. review your compatible wing nuts for free right now at tea party harmony. stephanie: okay. marco marco rubio. we don t need a new idea. the idea is called america. that solve it! yes, america! stephanie: sure, yes. what is two plus seven, america. what time it? america! stephanie: how are we going create jobs? america! i don t think he really understands what america is. stephanie: that s the idea? that s it? how are you going to balance the america! ermahgerd. stephanie: they need to change their slogan to herb derp. just because we believe that life, all life all human life is worthy of protection at every stage of its development just not make you a chauvinist. stephanie: some of those people applauding ron grinder on his cell phone. oh, yeah! oh, i m sorry, what were you saying? america. right. stephanie: senator rand paul. the gop of old has grown stale and moss covered. the new gop will need to embrace liberty in both the economic and personal sphere. stephanie: america! [ patriotic music ] stephanie: liberty. stop signs. stephanie: regulation of any kind that would restrict eye doctors in any way. taking machine guns on airplanes. stephanie: yeah, in america where you are free to do eye surgery on someone with a rusty railroad spike. one of those grapefruit spoons with the serrated edge. stephanie: oh, i got to get this out of there. does this look infected to you? i can t tell, i m blind! stephanie: should you really put poison oak on there? there are no regulations against it. stephanie: it s a libertarian pairradise paradise. welcome. caller: wow what a show you are putting on today. i think it s combined hysteria. okay. i have to call him a moron that called you before would like to have background checks on gun ownerships so he didn t have somebody threatening him and two other people with a gun. stephanie: yeah exactly. caller: here is what i m saying, the gop this right-wing paranoia that they have, they have a total lack of military experience other than hagel and mccain, you look at cheney fife all of those guys got out of doing anything. so i decided to counter with my own liberal paranoia. i need an aircraft carrier parked on the mississippi river where a fleet of b-52s can take off i don t think they can take off of a stephanie: it was all plausible right up to that. caller: well i was trying. i need f-14s stephanie: yeah, but not in the rain. caller: make sure i m covered 24/7 with a blanket of security so nothing bad happens to me. it s ridiculous. they don t allow proof. they are the ones who stopped the cdc from compiling the statistics on this. they are far-wing nut bagdads out there i have got a brother-in-law like this stephanie: don t we all? caller: i don t even visit the family on that side anymore because of it. stephanie: well you are the smartest boy in class today. [ bell chimes ] well thank you. what time it? america! stephanie: katherine in california. caller: good morning. stephanie: good morning, and america. what is for breakfast? america. caller: it is becoming increasingly apparent that we have a number of republicans in the united states senate that managed to skip the fifth grade all together. between marco rubio saying because he supports traditional marriage doesn t make him a big got. yes, that s exactly what it makes you. bigotry is the square root of ignorance. and i m asking to teach them some vocabulary and ted cruz harvard is calling and they want their degree back. stephanie: exactly. caller: we have someone who lives in the white house who has a constitutional law degree and he might explain to him the restrictions on the bill of rights that we all know. it s just i feel like i m in the twilight zone. stephanie: yeah don t lecture dianne feinstein first of all and she was talking about the heller decision like she s some idiot that doesn t understand the issues he is talk about she has dealt with these issue issues issues for a long time. stephanie: yes. senator [ inaudible ]. criminals will have access to a whole range of weapons that they will have access to because they don t care about the laws that are passed. and we re going to give the american citizen a pea shooter to defend themselves with. come on! the revolver is not a pea shooter. ass! we need rpgs in every household! why have speed limits because people are going to drive fast. stephanie: exactly. she said i m not a lawyer but after 20 years i have been up close and personal with the constitution, this doesn t mean that weapons of war and the heller issue clearly points out two exceptions so i mean ted cruz. seventeen minutes after the hour. right back on the stephanie miller show. the following program is close captioned for the thinking impaired. announcer: it s the stephanie miller show while your carpets may appear clean. it s scary how much dirt your vacuum can leave behind. add resolve deep clean powder before you vacuum to expel the dirt within your carpets. resolve s deep clean powder is moist. absorbing and lifting three times more dirt than vacuuming alone. leaving you with a carpet that s truly fresh and clean. don t just vacuum clean. resolve clean. [clucking]. everyone wants to be the cadbury bunny. cause only he brings delicious cadbury crème eggs, while others may keep trying. nobunny knows easter better than cadbury! viewpoint digs deep into the issues of the day. has the time finally come for real immigration reform? with a distinctly satirical point of view. if you believe in state s rights but still believe in the drug war you must be high. only on current tv. announcer: people here you talking like that because i about it no holla back girl stephanie: this hour brought to you by therabreath mouthwash and toothpaste. available at target wal-mart walgreens and other fine stores. you know what else knocks out bad breath? america. stephanie: that s the cpac theme. that s their solution to everything. [ magic wand ] stephanie: okay. 1-800-steph-1-2 the phone number toll free from anywhere. mike in salt lake city, hi, mike. caller: how are you today? stephanie: good, sir, go ahead. caller: i m latino and i see ted cruz, you know up there just you know it makes us look bad because this man is mccarthyism, he lies he cheats innuendo innuendos, and he was trying to do that to feinstein, and he was doing it to hagel and he was trying to discredit him by saying oh, you have a special interest. is he getting money from the nra? now should he defame and lie and make people try to look bad i cannot even look to this man and talk to my children and grandchildren and say this is an honorable man. when you defame people and spread lies about them how many of us have had that happen to us? you have to have integrity to run a country. those guns are going to come back and bite them. stephanie: yep. caller: and this man that is doing the things he is doing to try to hurt individuals even the christian people, the bible says you cannot back bite and bare false witness. the christian young generation don t even want to get involved in christianity these days because there s no integrity there. stephanie: absolutely. the only thing that can cleanse it is dianne feinstein s ass whooping. i have looked at bodies that have been shot with these weapons. i have seen the bullets that implode. in sandy hook youngsters were dismembered. it s fine you want to lecture me on the constitution. just know i have been here for a long time. i passed on a number of bills. i am reasonably well educated and i thank you for the lecture. stephanie: bam! yeah, but . . . america. america. stephanie: america! could i have my breezy music back? sure. [ fun-facts music ] stephanie: more craigslist gay ads. there is not enough closet space at the gaylord hotel. in town for cpac let s [ censor bleep ]. [ laughter ] stephanie: okay. let s get this out of the way. i don t like you and you don t like me. well, then. okay. stephanie: we both had reservations about obama last election, but mine more because i thought he was too moderate. and you, you probably think paul ryan is something other than a charlotteton. i think you are bat [ censor bleep ] crazy. but may i suggest to you a sort of bipartisan coming together. oh. stephanie: oh, i m sorry, this isn t an attempt to strike a grand bargain. i have just heard that sex with someone you actively dislike can be a lot of fun. i ll even offer an olive branch and buy you a drink first. we can have an argument before we get down to business. [ applause ] stephanie: that s my pickup line, in town for cpac let s [ censor bleep ]. and i love how he says i m on the green line. stephanie: bill in albany is loving our downward spiral to vacation. caller: i was just going to say the same thing, how much i enjoy this week before vacation and the downward spiral that it becomes. it s the best. stephanie: bill, really historically the hour right before vacation, really it s like a scrabble board exploded. yeah. caller: it degenerates into fart jokes and mensa meetings and all of the other crazy stuff i love listening to. stephanie: we may just send the last hour rummaging through my box willie nilly. and there s stuff in there that we didn t even know we had. [ tires squealing ] if you are going to san francisco stephanie: you are going to spend the whole vacation cleaning out my box. we have to understand barbarians need educated. they need to be disciplined stephanie: i want that in my box. i need that in my box. uh-huh. stephanie: tiffany s. stiffnys. why did you have me put that in there? stiffny tiffany s. stephanie: breakfast at stiffnys. that s anywhere mitt romney is, is stiffnys. stephanie: there you go. loretta in st. petersburg. stephanie: good morning. america! caller: i want to ad kristin gillibrand to the dianne feinstein hearings. she did a masterful job of take apart the general who had the [ inaudible ] has the responsibility of keeping the [overlapping speakers] caller: and she just took him apart and said not only shouldn t be you, you are not doing a very good job. stephanie: good for her. i got to meet her. she is awesome. that s right. stephanie: twenty-nine minutes after the hour. right back on the stephanie miller show. i think the number one thing that viewers like about the young turks is that we re honest. they know that i m not bs ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i m going to be the first one to call them out. they can question whether i m right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. announcer: stephanie miller. i can t believe i m actually meeting you. you know, the news is so much better with you on it. stephanie: thank you. our house in the middle of the street in america stephanie: mark pocan took tammy baldwin s seat. good morning, representative. good morning, stephanie. stephanie: thanks so much for taking time with us. absolutely. stephanie: you have said about paul ryan his budget does not reflect wisconsin values. ain t that the truth? probably why his hometown voted against him so overwhelmingly. yeah, we share a county and when we go home he must take a very different route through that country than i do. a very different reality. stephanie: the biggest throat our long-term economic security at this time is not the deficit. it s a the economy. the lack of jobs. the future are the united states cannot complete with his global peers. and this is what paul krugman and others have been talking about. absolutely. we all know in the real world that what is important is getting the economy going again and creating jobs. and the ryan budget is the same recycled ideas from last year except now it is intensified because now they are trying to do it in ten years. and 2 million jobs could be lost just next year alone due to their budget. this is going the complete wrong direction. we should be investing, getting people back to work and making people taxpayers and that s how you really solve the economy. stephanie: isn t it interesting. that s exactly what the president just said the other day. he basically said i m not going to play on paul ryan s home field he said no. my number one job is to create jobs, and that is the number one thing that brings the deficit down, right? yeah and you will see the democratic versions of the budget released in the house next week. we put a lot of money into making sure we create jobs. half of the deficit from this year and three-quarters of the deficit next year is due to economic weakness. under employment, unemployment we ll being told that by the official agencies, and yet we re off on this search to destroy medicare and medicaid and the whole budget that paul ryan has out there is based on falses a sump assumptions. so it s based on imaginary math like we are going to grab the pots of gold at the end of rainbows, and that will create revenue. that makes as much sense. noo stephanie: yes, i love this. republicans falsely claim democratic budget increases taxes by $1.5 trillion. as you know the republicans have spent years pressuring democrats to write a budget so they can criticize it and attack it so they are assuming the sequestration stays in place which everybody thinks is dumb. so if we re just going to have these fault math arguments i don t know how we re going to get anything done, do you? and the false math goes even further, stephanie. their budget wants to reduce the rates on the top wage earners, but they don t tell you how they are going to do it. but in the end it give people who make over a million dollars a decrease in taxes every year. so $200,000 more in tax breaks for the richest that sounds fair. it makes no sense. and then when you ask how they are going to do it? they still protect the tax exemptions for companies who send jobs overseas oil companies, corporate jets it s almost too hard to debate something that is this silly. stephanie: i know you new there, but do you see any way out of this, that we we literally are so far apart at this point. what is going to happen is we are going to have to sit down and discuss the budget. the real problem i can tell you from my vast ten weeks of experience and they separated democrats and republicans for almost two weeks except for one dinner and one reception. so i think the washington way is so different than the way in wisconsin or anywhere else. and we have to break ours of it. when you get a budget, and a day later we mark the whole thing up without any thought. you are not advancing a serious plan that we can have a discussion about. we have to sit down and do some work and have a discussion here. stephanie: representative mark pocan thank you so much. i met both awesome legislators from wisconsin. yeah, tammy is awesome. stephanie: you are all about the awesomeness in wisconsin. thanks so much for taking time for us. and good luck. just eat more cheese. yeah, we got that covered on this show. thanks a lot. stephanie: thanks congressman. it is st. patrick s day on sunday so we will be [ inaudible ] leprecons, get them drunk enough and they won t miss it. stephanie: leprecons and fart jokes. [ farting sounds ] [ world news tonight theme ] stephanie: patty murray from the great state of washington wrote a budget. this is the problem so that s what i mean the congressman just saying they are assuming false things in their budgets that just make what is the point of making a budget based onning is that is not going to happen, first of all. republicans are faultily claiming the democratic budget calls for $500 billion above the sticker price. mitch mclipless said this is the largest tax hike in the history of our country. [ buzzer ] pulled completely from his turtle ass. stephanie: a miss reading of the democratic budget it s a. here is mclipless now. we ll see where we go from here, but it was a great meeting. where i go from here is back to my terrarium. stephanie: yes, very slowly. very. slow and steady wins the race. stephanie: not in your case. you guys lost. representative [ inaudible ]. i think the economy is giving us sign that its wants to launch, and the president wants to be there to be sure that the 535 elected members in congress and the people of the united states are ready to launch with the american economy. javier. stephanie: sorry chris la-bat. republicans told the president to turn down his attacks, and support controversial changes in medicare if he wants a compromise. whatever! you want compromise you have to give us everything we want. they told obama to calm the [ censor bleep ] down. yeah. because he is such a hot head. and furthermore, america. stephanie: yeah, mr. president. how about that? participates at the 90-minute closed door meeting, noted that republicans criticize him freely, politics ain t bean bag he said. obama said we re making progress. i i guess. the senator from south dakota refers to a prevent interview, nobody here believes medicare and medicaid needs to be gutted. senator alexander said obama must also go against the grain in his own party as much as lyndon johnson or richard nixon did in forging ties with china. [ buzzer ] stephanie: bad analogy. so the president must go against his party by gutting medicare which is just like lyndon johnson getting civil rights. stephanie: we have a dusty jingle for that. thanks for playing really bad analogy! [ applause ] stephanie: thank you for playing in my box. i ain t going anywhere near your box. stephanie: you just found a little magic. amy from chicago. caller: hi, guys i was thinking about those grinder ads you have been reading this morning. craigslist. stephanie: craigslist. caller: i m sorry you are right. stephanie: grinder is not for the kids. caller: well, know. i was thinking maybe it is a big ploy to convert the gays or out them, punish them. stephanie: hum. caller: i don t know. stephanie: it s har only dr. keith a-blow can figure that out. is grinder sort for organ grinder does that doesn t sound like much fun. stephanie: no. chuck from atlanta. caller: i m kind of exasperated with these gop but also i am a little exasperated with the liberals too. you know why? because all of this stuff stems around the fact that we allow them to identify us. in other words they call us liberals and now everybody was afraid to use liberals and then that started to get just a be nine statement stephanie: then we took it back with the sexy liberal. caller: you did and now they want to mark us with markxistmarxists. stephanie: that s right. we ll be right back. that is the most hilarious show ever! announce it s the stephanie miller show. to doing anyway. staying in tough with everything that is going on politically and putting my own nuance on it. not only does senator rubio just care about rich people but somehow he thinks raising the minimum wage is a bad idea for the middle class. but we do care about them, right? vo: the war room monday to thursday at 6 eastern dude, i need your help fast. well, clearasil s fast. yeah, but is it this fast? faster! how about this fast? clearasil s faster! this fast?? faster!! woh! that is fast! fix breakouts fast with clearasil ultra. it starts working instantly, sending the max amount of medicine allowed deep into your pores for visibly clearer skin in as little as 12 hours. yeah, it s fast. clearasil, the science of clear skin. current tv is the place for true stories. with award winning documentaries that take you inside the headlines. real, gripping, current. documentaries. on current tv. s announcer: stephanie miller. it s incredible stephanie: uh-huh. it is the stephanie miller show. fifty minutes after the hour. john fugelsang coming up for fridays with fugelsang. we are in a little cpac frenzy. yeah. stephanie: the big conservative political something going on in washington this weekend. and we re trying to help. we really are. don t cry for mr. argentina stephanie: no that s for another thing. oh. stephanie: okay. oooooooooh. stephanie: or not. do you want to leave for vacation now well if you would stack these correctly. white house just rammed it down our throats. just record the conservative phrase and then press the translate button. i can t handle having a black candidate. their weighing businesses down with too many regulations. i can t handle having a black president. i ll be glad when we get our country back. i didn t stand having a black president. if you can t understand red-state gibberish, at last there is an app for that red stateus stone. [ applause ] stephanie: all right. and also america. that s marco rubio s one idea. stephanie: yeah. america. can we recrew that marco rubio. i ll tell you what the criticism on the left is going to be. that they didn t offer any new ideas. and there s the fallacy of it. we don t need an idea. the idea is america. right. stephanie: america. uh-huh. whoo doggy. [ world news tonight theme ] stephanie: speaking of big parties. the what do we call it the painel invocation i don t know what it is. the invocation. stephanie: i thought it was a royal thing we re going to be in vacation next week. stephanie: right. but i m still hoping because he is from argentina that they play the disco version of don t cry for me argentina. stephanie: and we ll will on stage like in zanadu. i bet that is playing at cpac. you are a little scattered today. stephanie: no, you suck today. [ buzzer ] you are the suckiest of all. bouncing ash from thing to thing. stephanie: how many times do i have to cue you for a sound effect, my arm almost flew off. like heather mill s leg in dancing with the stars now, plait. [ laughter ] [ world news tonight theme ] stephanie: okay. my point is speaker boner jim has turned down an invitation to the papal installation is it installation or invocation. a little of both. stephanie: they install you and then invoke you. stephanie: there s be there between like noon and 5:00. i have stuff to do. i have to play golf and drink. [ bell chimes ] [ applause ] stephanie: yeah. he declined an invitation to attend the installation of pope francis. i m going to be drinking stephanie: drinking orange beer. green and orange beer. [ bell chimes ] [ applause ] stephanie: that s the reason why he can t go. getting a visit from the ambassador of ireland is a euphemism for drinking green beer. [ inaudible ] stephanie: don t you just wish you could say that sometime, i can t go because i have to [ glugging sound ] i have to meet with the irish ambassador. [ glugging sound ] stephanie: i want to make that my ring tone. [ applause ] [ glugging sound ] you are on your own with that. i showed you emogirk. stephanie: jacki thanks you. oh i m sure. stephanie: we have been talk about this all morning. [ world news tonight theme ] stephanie: this is huge. huge! stephanie: gop rob portman announces support for same-sex marriage after his son came out. yeah. stephanie: we ll take them how ever we get them. because a lot of people are like until it s personal yeah. stephanie: he said the government shouldn t deny them the opportunity to get married. that isn t how i have always felt. then something happen that led me to think through my position in a much deeper way. his 21-year-old son will who is a junior at yale. his son said his sexuality was not a choice. and i am a dad who loves his son. and want him to have a relationship like jane and i have had for 26 years. he was considered a vice president candidate to mittens. and he said he told mittens that his son was gay. oh for pete s sake. gays are not the right height. [ mocking laughter ] stephanie: portman believes the issue of same-sex marriage is more generational than partisan. his daughter told him to follow his heart. and he considers his christian faith that lead him to decide in a way this strengthening the institution of marriage. i believe we re all cured cured? created by our maker. not like bacon. created by our maker and his son tweeted especially proud of my dad today. [ applause ] i wonder if flron or snorg came out if mittens would embrace that. stephanie: yeah. states right was the cover for racism for a long time. yep. stephanie: i have to read totes adorbs letter but we don t have time. it s amazing what you find on the interwebs. it s a note that a dad wrote to his son. it s a very touching. are you going to cry. stephanie: uh-huh. after the top of the hour. can we get [ inaudible ] blosz blossom. stephanie: maybe a surprise appearance by blossom. all right. john fugelsang next at the top of the hour on the stephanie miller show. [ theme music ] stephanie: oh chris. jacki wants to speak to you. m i in trouble? no, we did this already. stephanie: why didn t you send any back? because i m not 14? [ laughter ] [ wah wah ] there s that. stephanie: you made my bff turned opme turned on me you bastard. it will wear off in a day or two. and guess what i got you just by way of making up to you, eye candy. john fugelsang will be in just a couple of minutes. he s here in stephanie: no, but you will be able to see him on the tv [ buzzer ] stephanie: i m wrong. i forgot. i m going to send you a lot of i m sorry emotocons now. you can hear him. and that s close enough. you can see him tonight on viewpoint. nice save miller. stephanie: nice save [ inaudible ]. [ laughter ] stephanie: here she is. good morning, everybody. it s quite the day at cpac today. wayne lapierre is speaking right now. the president of citizens united gives his speak at 3:45, and tonight there s a vip gathering sponsored by koch industries. paul ryan started off with bathe of snark about the senate plan. they call their budget a foundation for growth restoring the promise of american opportunity. wow. i feel like saluting already. [ laughter ] but when you read it, you find that the vatican is not the only place blowing smoke this week. pot calling the kettle black there. the committee voted to pass his budget last night. it should make its way to the floor for a full vote next week. unlike paul s plan the senate budget seeks to raise $975 billion in tax revenue over the next 10 years. and as stephanie mentioned senator rob portman s son has tweeted out a thanks to his dad saying he is especially proud of his dad. will portman by the way now has hundreds of new twitter followers. we re back after the break. very, very excited about that and very proud of that. beltway politics from inside the loop. we tackle the big issues here in our nation s capital, around the country and around the globe. dc columnist and four time emmy winner bill press opens current s morning news block. we ll do our best to carry the flag from 6 to 9 every morning. while your carpets may appear clean. it s scary how much dirt your vacuum can leave behind. add resolve deep clean powder before you vacuum to expel the dirt within your carpets. resolve s deep clean powder is moist. absorbing and lifting three times more dirt than vacuuming alone. leaving you with a carpet that s truly fresh and clean. don t just vacuum clean. resolve clean. [ theme music ] announcer: ladies and gentlemen, it s the stephanie miller show ! i m walking on sunshine woe ho i m walking on sunshine, woe ho it s time to feel good hey all right now it s time to feel good stephanie: welcome to the last hour before vacation. nothing will take sense at all. [ applause ] stephanie: six minutes after the hour. 1-800-steph-1-2 the phone number toll free from anywhere. in fact, dan in madison says steph we all know you guys aren t ready for vacation until we cover the old dusty lawn darts, and the songs about shooting the sheriff. i shot the sheriff stephanie: and seasons in the sun which i totally forgot about. that s a great song. good-bye to you my trusted friend [ sobbing ] we have known each other sin we were nine or ten that s enough of that. you have got to hear black box of quarter s version of that song. stephanie: what? what is that sound? it s sexy! fugelsang just all right with me fugelsang is just all right, oh, yeah whoo whoo! stephanie: good morning, sexy liberal john fugelsang. good morning. sorry it was another slow news week. stephanie: yeah, right. what is your favorite 70s song about somebody dying. billy don t be a hero. [ applause ] stephanie: oh very good. jumping off the bridge no, that s in the 60s. the harper valley pta. stephanie: no stop. john [ world news tonight theme ] stephanie: isn t it great rob portman s son has come out isn t that great. can his son come out caring about climate change? stephanie: it s funny because it s true. i know pot heads who knew doma was wrong. stephanie: i need love music. [ romantic music ] stephanie: this is a note that a dad left for his son. yeah. stephanie: he writes nate i overheard your phone conversation with mike last night about your plans to come out to me the only thing i need for you to plan is to bring home orange juice and bread after class. i have known you were gay since you were six, and i loved you sin you were born. ps, your mom and i think you and mike would make a cute couple. ah. [ applause ] that s adorable. stephanie: by the way your son is one. yes and we re hoping he comes out as gay. stephanie: you said that before he was born you said we don t care if he s a boy or a girl as long as he s gay. that s right. stephanie: [ inaudible ] you are on with john. caller: hi, steph this is this is i m a dirt farmer here in pennsylvania. okay? and i love that walking on sunshine that you run on the show all the time. stephanie: thank you. caller: but some of us farmers we re in the a farmer s group, and it seems to us that the media and the talk show people should start putting out there about this paul ryan and his budget. what even qualifies this guy to work on a budget? stephanie: clearly nothing. caller: [ inaudible ]. stephanie: yeah. it s ridiculous. john how can you make what is the point of making a budget that are based on things that are not going to happen. it s a completely fictional document. and the congressional caucus put out a budget as well and it s very sensible. they are both political documents, and neither one will get passed. i call the paul ryan budget the boo radially budget because it will never leave the house. stephanie: that s right. it calls for the repeal of obamacare. and he also factors in the same $716 billion in medicare provider cuts that paul ryan ran against and demonized last year. so paul ryan is doing an airborne two flip flop hypocrisies in the same budget. stephanie: exactly. [ world news tonight theme ] stephanie: i know what america needs? more america. we re getting a new conservative television channel. great. stephanie: the station is called one america news network. that rolls off the tongue. america! america! agree with us. why do i think they are going to hate more americans. stephanie: right. it is slated to launch at cpac this weekend. great. stephanie: it is a production of herring broadcasting. hum? as in pickle? stephanie: or red. the san diego company behind wealth tv. any questions? okay. stephanie: yes. who pays for cpac by the way? stephanie: would you like to know what is on wealth tv currently? it now broadcasts such as shows as mediterranean mega yachts and boys toys about muscle cars and high-end tech gadgets. that sounds like something on grinder. can you imagine grinder ads going off at cpac. self loathing seeks self loathing. sorry, stephanie. stephanie: a jam-packed nerve filled event about mothers who pull out all the stops for their little darlings. the herring family has weighed into political controversy before robert herring he offered the husband of terry shybah $1 million if he would transfer the rights of his dead how many [ overlapping speakers ] stephanie: for one america news network, the tag line l be your nation, your news and the target audience will be a little more educated looking for substance in their news. stephanie: can i just say this is going to su-u uuck. every night at 8:00 pm it s standing your ground with george stephanopoulos. stephanie: no yelling, no shouting, but really trying to get down to the core of why people believe what they believe. right. snore. so fox news with people with double-digit iqs. stephanie: exactly. early in west virginia hello earl. caller: good morning. how are ya? stephanie: good, go ahead. caller: i am a relocated d.c. native, and i just wanted to talk about the budget, and i think we have to talk about this every day. revenue, revenue revenue revenue. go back to 1960 look at the top tax rates. corporations paid 20 to 30% of the tax rate it s down to like 5. you see am paying 2.2% and facebook of all horrible things paying no tax gating a rebate. come on, people it s about revenue, revenue, revenue. stephanie: yep. we don t have a deficit problem. we have a deficit symptom and a revenue problem. the economy got better when bill clinton took over. stephanie: yeah. j.d. in san diego welcome. caller: hi, you guys good morning. stephanie: good morning. caller: i want to talk about rob portman. i m astounded that it took rob portman two years to finally realize the marcus bachmann method to pray the gay away doesn t work. stephanie: exactly. he probably came to that conclusion by spending time with marcus bachmann. [ laughter ] stephanie: sorry, go ahead. caller: no, i m sorry. i didn t mean to step on you. but i just want to say from newly blue san diego. yay. caller: thank you very much. stephanie: home of the health network. lots to get to. we have a fugelsang-ian friday. right back on the stephanie miller show. announcer: it s not radio. it s stephanie miller. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. [ male announcer ] it s red lobster s lobsterfest our largest selection of lobster entrees like lobster lover s dream or new grilled lobster and lobster tacos. come in now and sea food differently. visit redlobster.com now for an exclusive $10 coupon on two lobsterfest entrees. he opened his mind and let the music flow but in his attempt to break on through, he found the end. of all the hours in all his days, these are the ones you ll never forget. dearly beloved, we are gathered here today to get through this thing called life electric word life that seems forever, and that s a mighty long time, but i m here to tell ya, there s something else announcer: stephanie miller. yay! let s go crazy stephanie: uh-huh. it is the stephanie miller show. welcome it to. fridays with sexy liberal john fugelsang in the new york bureau. holla. holla. [overlapping speakers] stephanie: is coming up. anything like pour-um. stephanie: no. exactly the same thing, chris. stephanie: [ inaudible ] in chicago. caller: hello. what i would like to hear is more simple terms you talk about tax loop holes. all of my adult life everybody around the water cooler talks about oh geez exxon mobil paid zero taxes. joe six pack understands tax loop holes and the unfairness. the gop has done a great job at equating revenue to taxes and somehow charging billion dollars corporations taxes equates to joe six pack who only wants to watch espn every night when he goes home, somehow that equates to his $30,000 a year salary being taxed more which is nonsense. but you talk tax loopholes, specific loopholes, rather than this general concept of more revenue. stephanie: yeah. caller: so joe six pack will get it. stephanie: yeah, that s right. by the way we were talking about you know, it s not just fox us in [ world news tonight theme ] stephanie: it s cable news in general like picks up a meme. obsessively covering the white house tours virtually ignores cuts to the poor. yep. that s our liberal media. stephanie: the media has latched on to preserve the white house tours while largely ignores other devastating cuts. i mean you know it s why i you know the thing that irritates me more john are the meet the presses of the world where even the chyrons are both sides to blame for the sequester. don t even get me started. it is only here that we have shotty journalism. yeah, there is shotty journalism all over the world. the media is profit driven. the media is corporate, and they are more concerned about being called liberal than whether they are or not. which is why they have to have this false equivalency. now that we have heard from the man who is against kicking puppies, let s have some balance. yeah, and you can t be sponsored by ge and have a fair discussion about [ inaudible ]. stephanie: yeah, there you go. jim in florida. caller: hi, there. you don t suppose that ted cruz was in the least bit phased by dianne feinstein s comeback, do you? i mean really? really? stephanie: no, probably not. because he is at that level of douche baggery. but that s the thing that most need to listen to this, to hear your show for example, are the very people that would never tune into it. stephanie: we that is not necessarily true we have right-wing nimrods that call in all the time. i m not a sixth grader. senator i have been on this committee for 20 years. i was a mayor for nine years. i looked at bodies that have been shot with these weapons. i have seen the bullets that implode. in sandy hook youngsters were dismembered. it s fine you want to lecture me on the constitution, i appreciate. just novi been here for a long time. i passed on a number of bills. i study the constitution myself. i am reasonably well educated. and i thank you for the lecture. [ applause ] stephanie: love her. [ inaudible ] 205 [ inaudible ]. and she is talk about harvey milk and [ inaudible ]. stephanie: yes. she went on incidentally this does not prohibit you use the word prohibit, ex-searchs 2,271 weapons. isn t that enough for the people of the united states. do they need a bah sue ka? i don t think so. [ applause ] but we have to kill cops and soldiers some day. stephanie: exactly. stephanie: i think this brings us to a dumb cook stack. [ bell chimes ] stephanie: gawker brings incredibly unsuccessful bank robber probably needs a hug today. the new york post says this guy, mr. arch criminal walked into a bank saying i have a bomb give me some money now. a bomb, lol. okay? who has a bomb really. people just do not have bombs. it s just a poor threat. even a finger pointed in a jacket corner is more threatening. the teller said to the robber. i do not read notes, and gave him a withdraw slip. he responded by writing i have a bomb and handed it back to her. mr. arch criminal did not have an account or bomb, he became so frustrated and left with nothing but lollipops. he went on to rob three other places in the same fashion for a total of $300. that won t even cover his bond. oh, bless his heart. stephanie: buddy in columbus. caller: hey, john your dr. seuss got me so inspired. i wrote a little song in your honor. it goes you can do the dr. seuss and drop it real and drop it real good, the fugelsang man can, the fugelsang man can, because he mixes it with love and he has got mad skills stephanie: oh that s precious. gong. oh was that is gong. that s one thing that is not here in your box. i did our very first sexy liberal show in new york with a song called the lieberman can. stephanie: yes. linda in atlanta real quick. caller: hello stephanie. hi, john. good morning. hi, linda. what are you wearing linda? caller: i have a solution for the ryan problem. he tried that during the election and what he had was he just totally he totally got shut down by joe, and i want them to now release the biden to shut down stephanie: that s almost like the cracken, but a little worse. twenty-nine minutes after the hour. back with more fridays with fugelsang on the stephanie miller show. laughing. that s hilarious! .and the thinkers thinking. okay, so there s wiggle-room in the ten commandments is what you re telling me. you would rather deal with ahmadinejad then me. absolutely! and so would mitt romeny. she s joy behar. and the best part is that current will let me say anything. what the hell were they thinking? only on current tv. uh, i m in a timeout because apparently riding the dog like it s a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks. wait, why are you taking. oh, i see.solitary. just a man and his thoughts. and a smartphone. with an e-trade app. nobody knows. [ male announcer ] e-trade. investing unleashed. [clucking]. everyone wants to be the cadbury bunny. cause only he brings delicious cadbury crème eggs, while others may keep trying. nobunny knows easter better than cadbury! announcer: stephanie miller. the story of my life my cuteness interferes with people hearing my message. stephanie: it is the stephanie miller show. what? stephanie: yeah. 1-800-steph-1-2 the phone number toll free from anywhere. fridays with sexy liberal john fugelsang. hi, john. good morning, children. stephanie: we have a thing for sexy liberal chicago. april 13th. get your tickets going very very quickly. hal sparks john fugelsang and i. a great show. lot of new material. stephanie: right. chris in pennsylvania you are on the stephanie miller show with john. caller: hi, stephanie. i wanted to give you my theory about gun owners and why it will be very hard to get control of the problem. i think most gun owners see themselves as a sort of george zimmerman kind of person. they are drawn in by the idea they can be a hero. jumping in at the last minute and saving the people around them. they are not going to everyone pa empathize with the people at sandy hook because it is not their kids and if they had been there, they could have shot this guy exactly. stephanie: chris we had a right-wing caller earlier that say are you saying that you don t think that guns save more lives than take them? and i m like no i don t. yes, our guns sometimes today you are going to see wayne lapierre at cpac telling us that all of our allies that have far less murders are less safe than us. because it s all about their toys of choice. it s entertainment and that s all. stephanie: absolutely. and their entertainment matters more than your kids life, not you steph. stephanie: thank you, i m a childless loser, and i appreciate you pointing that out. caller: good morning. i just wanted to jump on the bandwagon for the revenue push. john boehner after the fiscal cliff said you vt gotten all of your revenues that s all you are getting. but it seems to me if i remember right that at the end of that bill right before they got ready to pass it didn t they tack on like four or five amendments that gave loopholes to like nascar and a bunch of other ultra rich people? yeah. the government will bring in a few billion, but let s be honest here. with boehner talking about how the president got the tax increases he wanted that s a lie on several levels. the bush tax cuts were supposed to expire in 2010. number 2 under president obama, i hate to tell ya but over 80% of the bush tax cuts were made permanent. so where is the revenue. and all obama was talking about is closing loopholes which is exactly what governor romney talked about in a vague way last year. stephanie: exactly. hi pam. caller: hi all. love your show. stephanie: thank you. caller: i have been listening to the conversation about fine fine and ted cruz and i have to say dianne feinstein is awesome. stephanie: yeah. caller: there are many things we are not allowed to have nunchucks, brass knuckles sawed off shotguns. best i remember a sawed off shotgun is a gun. why aren t we allowed to have those? they want to raise hell about the assault weapon s ban? stephanie: exactly. the only guy that stops a bad guy with weaponized anthrax is a good guy with weaponized anthrax. stephanie: exactly. you know who else is going to sexy liberal in chicago john? who dat in stephanie: chris lavoie. oh, yeah. getting fired up for sexy liberal waiting patiently for my meet and grope with john fugelsang, hal sparks, and stephanie ermahgerd! that s so cool. there s john and pam. oh, i love john and pam. they gave them a jingle. i know. i look to my left i look to my right is that road flair mary? oh, my gosh there s rocky mountain mike. oh, that steph she s a cutie she s totes adorbs. check it out for yourself sec sex, saturday april 13th in chicago! going to be a good time don t you know. stephanie: thank you! [ applause ] stephanie: speaking of big represents, john fugelsang it s the pope installation. oh, that s right. yeah, i hadn t heard about that too much in the news. stephanie: yeah. that s why i m letting you know. it s very exciting. stephanie: rocky mountain mike saying pope francis taking over after showing us the only way to stop a bad guy with a funny hat is a good guy with a funny hat. [ circus music ] yeah, we have been covering that heavily on viewpoint. but i applaud the vatican, they finally found a way to have the new pope be from latin america but still be a full-blooded italian. stephanie: exactly. he s italian all the way. stephanie: and he has one lung. you know that, right? yes, and he is 76 years old. which is two years younger than joey rats was when he became pope. it seems like they don t mind his age. because there is not a lot of money for the vatican to suck out of south america. so you will probably have a pope for ten years, but cement your standing in latin america for 20. stephanie: yep. michael you are on the stephanie miller show. caller: i was watching c-span the other day on banning assault weapons, and listened to a little dialogue from lindsey graham, and i think this goes to the core about what the gop is about. he was talking to the mayor of philadelphia, and he was stating stating stats for gun violence and murders. and lindsey graham kept repeating that there is only 2.5% of all gun murders are related to guns other than shotguns or handguns. and my question is what does the word only mean? those 250 death out of the 10,000 murders by weapons are insignificant? what does that mean, only 2.5%. those 250 people that die every year from assault weapons are inanything can t in his mind. and that s something that i think comes to the core of their argument stephanie: michael that s why dianne feinstein part of why it was so powerful what she was saying, because she is talking about real people and real bullet holes she has had her finger in a real human being who was dying. and i think that s what we re trying to do is humanize when you hear these parents talk from newtown, it s like how can you not understand they keep trying to take the human face off of this issue. caller: he was talking to the mayor of philadelphia who has seen his police officers ripped apart by these assault weapons. will lindsey graham write a letter to all of the people who have died from assault weapons, their family members and say that s not a significant enough number for me to do anything about it. stephanie: right. kathy in chicago. hi, kathy. caller: hello. oh my god, i m with stephanie miller and jim ward. oh, my god. ermahgerd! caller: ermahgerd. i had a comment about paul ryan and his budget and i definitely believe that [ inaudible ] i m a small business person and when my business went downhill the first thing i thought of doing was go out and try to find more business, more revenue. yes, i cut a few things but i wanted more revenue. thank you. stephanie: yep. yep. oh, it was short and sweet. thank you. [ applause ] stephanie: her idea was america. and it was a good one. yeah. that s marco rubio s idea. stephanie: there you go. speaking of bad ideas i m just looking at the chyron so tsa says yes knives on planes. yes knives but your flip flops are still a threat he says screw you and your concerns. stephanie: yeah. screw your concern about being schiffed by a drunk on the plane. he said it s really not our problem. it kind of is. stephanie: right. that s kind of what they are there for. stephanie: i don t get it do you john? i really don t. and when you upset the pilots that much you can bring 2 inch knives on the plane but your water is still a threat? stephanie: yeah. it s all a plot by disani. because as soon as they announced no water on the planes that was the only water you could buy in an airport. stephanie: that s right. all right. forty-five minutes after the hour. back with the remaining moments of the stephanie miller show with john fugelsang. that is great radio. announcer: it s the stephanie miller show. jack, how old are you? nine. this is what 27 tons of marijuana looks like. 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(vo) no one brings you more documentaries that are real, gripping, current. the natural energy of peanuts and delicious, soft caramel. to fill you up and keep you moving, whatever your moves. payday. fill up and go! dude, i need your help fast. well, clearasil s fast. yeah, but is it this fast? faster! clearasil s faster! this fast?? faster!! woh! that is fast! fix breakouts fast with clearasil ultra. it starts working instantly, sending the max amount of medicine allowed deep into your pores for visibly clearer skin in as little as 12 hours. yeah, it s fast. clearasil, the science of clear skin. he opened his mind and let the music flow but in his attempt to break on through, he found the end. of all the hours in all his days, these are the ones you ll never forget. announcer: announcer: stephanie miller. and i still haven t gotten over you yet, vacation all i ever wanted, vacation time to get away stephanie: you-hoo! it is the stephanie miller show. on vacation next week. sexy liberal hal sparks filling in live in studio for us along with jacki schechner. will all be here in captain america s underpants. john fugelsang is on the viewpoint every night on current tv. you have done a great job with that show. thank you. it has been a whole new ball game. we re making the first half all electives, and congress people and rolling stone writers, and bill bradley, and the second half we re doing all comedians, and it has been a lot of fun. stephanie: i love the meet the press. love that. you were talking about wayne lapierre. after sandy hook, nra told gun makers law pierre will handle it. i swear to god talk about not getting that real people were involved. parents of newtown were still burying their children and that s all they were worried about. it s disgusting because any time anyone tries to use this tragedy to present the next one, they will say you are trying to exploit the last one. it s too bad that it wasn t enough. it s too bad that the democrats in the senating didn t have the stones for it. harry reid is going to let the assaults weapon ban die because he doesn t want to lose his seat. it s really sad. what is the tipping point going to be? what is it going to take for people to wise up, and look at crime rates in other countries that have sensible gun control. and i had this talk with michael moore, and he wrote about an op-ed about it last week, that it would take releasing photos of the victims. because americans watch too much tv. we have a shock level of about five weeks and then we move on. stephanie: you know what the real evil is chris? facebook. stephanie: actually i think it s twitter. photo of man watching porn at work goes viral. within hours it had been retweeted over 2500 times. he has a big windows yeah and a big computer monitor too. stephanie: student who bad-mouth teacher on twitter found out that teachers use twitter too. i hate you mr. terrence you said the test was on tuesday not wednesday. the test was scheduled for tuesday. the kid didn t pay at attention. and another reason, mr. torrence has a twitter account. [ wah wah ] stephanie: the tweet was retweeted by one of his classmates who made sure to include the teacher s twitter handle. so then mr. terence hung the tweet on to the chalkboard. oh that s funny. looks like he projected it on the chalkboard stephanie: oh, right. they don t have spirit masters anymore. stephanie: right? other porn news what? stephanie: what is better than panda porn john? nothing? nothing, really. although it is creepy with the kids. stephanie: in a last stitch effort stein advertises at the base for giant breeding turned to good-old fashioned panda porn. [ porn music ] stephanie: a five year old female was refusing to cop pew late with her mate finally came around when she was shown an instructional video after studying the video with great interest call incame on to her mate. porn is illegal in china, but apparently exceptions can be made for national treasures. wow. stephanie: we did porn searches around the world, and in china the number one porn search is japanese. [ bell chimes ] [ applause ] stephanie: because you watch it and an hour later you are hungry for more chinese porn. [ circus music ] when men watch porn their testosterone surges and when women watch porn, their testosterone surges. stephanie: really. in iran one of the top tenser. terms for porn is hotel businessmen. [ dramatic music ] stephanie: at it of the top ten searches were for gay porn. but they don t have that yesterday. stephanie: yeah. we were like that was pretty specific stephanie: yeah, when jim left with his roller case i am like are you playing hotel businessman. i m only having sex with this other man to remind myself i don t like it. stephanie: you know i m team jen, and jim has always been team i don t give a flying [ censor bleep ]. i have moved over to that too. stephanie: john which side are you on? i have always been on team angelina. [ buzzer ] judging by their films? angelina has put out better films. [ world news tonight theme ] stephanie: speaking of iran an iranian news agency reports that argo is iran announced they are suing hollywood. it s like let s get the lawyer for hollywood on the phone. [ laughter ] stephanie: iran s press tv raised the possibility that arco is an overt operation disguised as a movie. oh, my god they are going to love zero dark thirty. stephanie: bill and hillary clinton were spotted at the [ inaudible ] show. yeah. stephanie: gabby giffords and her husband, and meryl streep. yeah they used to have liberals in texas. stephanie: i got to hang out with her one night. she was amazing. ann richards? stephanie: yeah.