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Going through life thinking of themselves as something lancasterer than themselves. they are going through life thinking like it's their own personal biopic in which they're the star and everybody else is just extra. social media doesn't help. >> bill: they encourage it. >> it would be. >> bill: one-on-one thing there is no community in the social media i have got to ask you this. new york city public school system says you can say f you in the classroom in front of all of those kids not get suspended. stay in that classroom and you might get an admonition. do you think that's a good policy? t...

Is possible isn't really true. working hard and self control is to be emphasized. >> jean, there is sort of a -- i don't know for lack of a better term, i guess there's an aris n aristocracy and they go to the right school, prep school or something, taught how brilliant and smart they are and going to right college, duke, notre dame, whatever it is, grade inflation at the colleges and grade inflation makes it that much better and when you get out of that, graduated from that college like that, with grades like that, a prep school like that, is there a certain segment of the population that's j...

System that enables us to argue, but not necessarily resolve, things for all times. >> i've heard stories about democratic leaders on the hill who have never set foot in camp david, and past presidents used to use camp david a lot as a way of leveraging and just socializing and making people feel more familiar and therefore more approachable when it comes time to compromise. >> george h.w. bush, he got a polaroid one step camera and had all the members of the house down and they sat on the lincoln bed and he would take a picture even though it wasn't a good picture the president of the united ...

the dow finished up thursday, 340 points. this could be the best october in a quarter century. the economy is growing. the gross national product for the third quarter was nearly double the figure from april to june and that's thanks to consumer spending and more business investment. alison kosik will join us in about half an hour for the opening bell, but right now let's talk to global editor at large with reuters. good morning. so, what a difference a day makes. the dow futures are already down this morning and we've learned that whirlpool is cutting 5,000 jobs in north america and...

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