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Attractive and a great place for the time warner shareholders so it makes a lot of sense, we believe. >> joe? >> brian, you're right, this isn't cnbc and when you talk like that this makes a lot of our viewers dizzy. we go to dog track around here. willie geist and i do at least. it's very confusing. but i wanted to ask you, it will sound like a softball question but i'm sfastfascinated by it. what has comcast doing the past several years? i was shocked when you wrote a big check to close out the deal for nbc universal. you did it. you said you had extra money. you wanted to tbla check because...

Is a stock forstock merger. a number of our shareholders have encouraged us to do this. they are well aware of the fact we don't overlap and that these products on we are able to bring to all of the markets and to go into markets that are new markets like interactive advertising and digital advertising, where advertisers want more of a national footprint and, as i said, all of the other products, in digital and in satellite and in telecommunications, the companies are available everywhere. and it's kind of a throwback to why cable is in these different geographies and don't overlap. this conso...

Republicans has gone something like this, threaten to do something extreme or to allow something extreme to happen, something that makes the political world say they wouldn't seriously do that, would they? and the prospect of a debt default is a perfect example of this. this isn't the first time we have been down this road, since republicans took back the house in 2011. and it isn't the first time because when they did try it for the first time, two summers ago, pretty much worked. president obama negotiated with republicans over the debt ceiling back then. and sent a message to them that they...

This isn't cnbc here, it's politics. let's get a couple things straight. you say right now that today it's a democratic advantage. obama looks like the guy is trying to get it done. republicans are the holdouts. >> it's not just me. look at the gallup reports. republicans have been going down. >> obama's 54%. right now it's a democratic advantage. >> democratic advantage right now. >> midnight monday still a democratic advantage? >> no. if you go over the cliff, everyone's in trouble. >> wednesday morning next week which is only a week away and we're into 2013 and no deal's been made, do you a...

After netflix blamed the company for a widespread movie streaming outage that angered its customers on christmas eve. that's it from cnbc first in business worldwide. now back to "hardball." welcome back to "hardball." president obama's choice for secretary of state john kerry is expected to sail through his confirmation process, but the president has yet to name his pick for the secretary of defense. that may be because the candidate who is reportedly the white house's top choice chuck hagel could be a powder keg. he's been attacked by neocons. engaging groups like hamas and statements he's...