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welcome to forbes on fox and go with steve forbes and rick unger and elizabeth mcdonald and john. >> right or wrong policy for america? >> it is a doctor bleeding the patient. it will not cure the patient but make it worse. it takes resources and will cost jobs and every job created with that means two or fewer job private sector. that will not make the economy come back. >> rick, the new economic patriotism. does it mean i am unpatriotic if i don't agree with this. >> i don't think so. >> don't like patriotism with economic plan. >> if you are going to get behind the country you need to get behind some of the thing in the plan. most particularly i like the infrastructure part of the plan. i wish congress had taken it more seriously and i like to point out the same people who are concerned about the deficit and the impact on our children infrastructure is every bit as important. if we don't bring it up to speed it will hurt. >> john, do you think that building better school is going to change the education of our students. isn't it tougher standard and more competition. >> not one io

welcome to forbes on fox and go with steve forbes and rick unger and elizabeth mcdonald and john. >> right or wrong policy for

we've got rick eleventhal, steve harrigan and david lee miller on the ground for fox team coverage. but first, go to janice dean in the fox news weather center for the big picture. janice? >> we got the latest advisory, kimberly. new information in the fox news extreme weather center. still a hurricane >>> 90 miles per hour sustained winds. probably making landfall in next hour or so. somewhere along new jersey. the storm center is 30 miles east/southeast. want to give you a few bullet points here. qualm island, new york, 84 miles per hour wind gusts. 900,000 people without power in new jersey. and new york. 23-foot wave recorded in new york harbor. water levels 7.6-foot surge at sandy hook and battery. 6.7-foot. those are amounts that we have not seen. at the peak of irene. we're dealing with a history making storm. let's take a look at the center. we expect the center to make its way on shore in the next hour or so. so landfall perhaps within the hour. bring you the latest. there is the latest track again. moving west/northwest at 28 miles per hour. again, we think south jersey, a

considering dan was rick santelli. >> steve will play santelli next. mandy will play steve and i'll placate kelly. >> that will be interesting. are you going to wear my high heels? >> i'm not smart enough. >> he's got his own. he's got his own. >> smallist violin in the world. >>> if facebook showered you on the ipo market, you might want to kick yourself right now. we're about to go back to the nyse with some news on a very impressive new offering. >>> and don't cry for me, california. sure, they have a great love for the environment, but isn't that the reason why their gas prices are so darn high right now? we'll going to challenge an environmentalist from sacramento in the next half-hour. do not miss it. irbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. which can withstand over three and a half tons. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teacher

guys. >> steve: all right. rick leventhal, lower manhattan. thank you very much. a big win for our cops. thankfully we've got the best police department in the whole wide world, along with the f.b.i., joint terrorism task force. >> gretchen: the 15th plot since 9-11. >> brian: this guy basic israeli in an area where 700 bangladesh have taken over and they've cleaned up the entire area and they're kind of worried the community will be looked at differently. he came here on a student visa, he went to school to learn computers and we had nothing to do with it. >> gretchen: but when you look at his picture, this is why fighting terrorism is so absolutely impossible. and crime in general. you look at that guy just like you heard from the neighbors, you think he's a terrorist? nope. probably not. >> brian: if the guy next to you is writing for inspire magazine, tell somebody. >> gretchen: for today, new details into our news room about the benghazi terrorist attack. two military sources telling fox news may have been a preemptive strike to drive westerners out of benefi

let's get to rick santelli who is standing by at the cme in chicago and steve liesman in the studio, rick, got the numbers coming out? >> andrew, yes, this will be a very big number, you know, even though some say it's backward looking, 2%. 2%, our first look at third quarter gdp, 2.0, 2%, annualized growth rate, we are coming off a quarter of annualized growth rate of 1.3%. consumption pretty much in line. a jump from the last look at 1.5%, it's currently 2.0%, a little light, we were expecting 2.1% to 2.2%, price index, that zoomed. this is really the news. the gdp price index moved to 2.8%, 0.8 more than the last look in the second quarter and it's definitely about a half to three-quarters of 1% higher than expectation. if we look at the personal consumption expenditure, core, quarter over quarter, at 1.3% that's actually a little bit on the light side, it matches expectations. the aftermath which really counts in the marketplace, very little. we're down about 60 on dow futures. we're down 51, 50, 49, so we've come off, you know, about 10 points. if we look at the yields, 177 befo

. >> reporter: steve and rick, thank you so much for talking with us. again, this will be happening all week long, and there's going to be road closures, that always happens when we have events on the weekend. you can find out a list of the closures, and it is a list of them, by heading to myfoxdc.com to get the latest on that. back to you, tony and allison. >> sarah, thank you very much. >>> endless e-mails, voice mails, back to back meetings, pick up the kids. for a lot of us there aren't enough hours in the day. >> i know. we may not be able to change time, but according to a new book, we can manage it better. i'm sitting down with the author of this book where great things to tell you when we come back. right now, it's 9:11. ike leggett: gaming generated one hundred and eighty... million dollars for maryland schools. question seven will double it. rushern baker: question seven will add table games and... a new casino, generating millions of dollars... every year, without raising taxes. leggett: and audits will ensure the money goes... where it's sup

let's see what our own steve liesman and rick santelli have to say about it. both join us now on this ugly market day. steve, is the fed effect wearing off? >> i think it has to come up to the challenge that the market is presenting it. the issue being whether or not what we're seeing in earnings is telling us something about the domestic economy we don't already know. there is some thinking out there, i will tell you, maria, that what we're seeing is the effects of international slowdown, the global slowdown, along with currency translations. i'm very interested, maria, to follow what the retailers are saying, the whirlpools. i'm going to be listening to that interview you're doing with coach because what i've heard and what i've seen is the retail numbers are a little better. i don't know that necessarily we're learning new information about the economy here through these earnings. >> a lot of those retail numbers get better with incentives. that's what retailers have to do, provide those incentives to get people to come in the door. >> fair enough, but if i

. >> steve: this could be a storm we'll talk about for the rest of our lives. >> thanks, rick. >> alisyn: the rest of your headlines. overnight at least three people were killed when a homicide bomber attacked a catholic church in northern nigeria. the attacker tried to drive a car packed with explosives inside the church while masses was going on. no one claimed responsibility, but it happened where the religious fighting between christians and muslims killed hundreds in recent years. and joe biden with another gaffe, and the name of a democratic candidate in the key swing state of virginia. >> i want to tell you it's good to be in a state that's going to be represented by tim kaine. i'm a big tom cain fan. a big tom cane fan. >> he got it right in the first time and former governor tim kaine not tom cain is running and the hadded line, the candidate was not bothered by the mistake, tim kaine took to switter and thanked the vice-president for the shoutout saying i love jay biden. and if you want florida university, you might want to choose english, schools give a break to students who m

. >> steve and rick, get along, would you? okay. where were we, maria? how's san francisco? >> everything's good. it's gorgeous here. i didn't realize how hot it would be. we're following the oracle story. they made some big announcements here about the cloud. we have a market that is about to really focus on fundamentals, i think. >> we were down about 90 points at the low. the dow is down 66 now with about 55 minutes to go today. >> don't go anywhere. we've got much more ahead on this huge edition of the "closing bell." >>> coming up, shooting from the lip. outspoken and controversial former yahoo! chief carol barts weighs in on the future of the tech giant and whether it's heading in the right direction. >>> plus, the oracle of oracle. maria sits down for an exclusive interview with larry ellison. what game changing products does the firm have in the pipeline, and what will the free-spirited ceo buy next? find out straight ahead. >>> and class action. in another exclusive, the man in charge of settling claims against convicted sexual offender jerry sandusky talks to maria

steve, rick santelli. now that we've gone through that data, we've got a deal. metropcs and deutsch telekon forming the fourth largest company next to sprint. >> get your cowboy boots ready. david faber is at the barefoot economic summit. he'll have an exclusive with the manmade famous for the bet against subprime. kyle bass. what is his next big prediction. >> and they say the apple ipad mini is coming. what might this mean for amazon and google? >> and weapon wae want to touch kraft here. take a look at that spike there. just at the moment. 58-54 is the level to which that move spiked. it wasn't properly adjusted for at the close yesterday and there's some adjustment period. that was obviously a trade that was an outliar trade. 58.54 is the new high. and the higher growth aspect for the yum brand and it's a phillip-morris side of the business. kraft is more of the -- >> gum. snack and gum. >> no. i like gum. who doesn't. and biscuits. what's not to like? back to politics now. president obama's lead has narrowed heading into tonight's big debate. john harwood i

steve, since you were talking during the break with ken langone. >> let steve talk to rick. >> hey, rick, how are you? >> good morning. >> so we talked. is that good? >> no. >> no, i just want to say, ken, if i look, guys could you put up the chart of the payrolls? if i look at the payroll chart and i talk about what i think is the number you guys actually believe, which is the 114,000. look at what happened, we've revised up the past couple months, we had that swoon in march, april, may and june, okay, the unemployment rate stayed about the same. look to the left, we had a couple months above 200,000. let's focus on the number you believe. and let's talk about what jack welch said. when i looked at what he said there was one number i think jack had wrong. jack was saying we need 150,000 to 200,000 jobs to lower the unemployment rate. that is, was old thinking. we've changed that number over the past i want to say couple years to think it's more like 100 to 125. so ken, we had been talking about the number that you believe, we have been in and around the number that's required to ke

. >> let's bring in former new york congressman rick lazio and democratic strategist steve elmindore. let me read you a tweet from ezra klein. "obama looked like he didn't want to be debating romney in the first place. biden looked like he never wanted his debate with ryan to end." what did you think? >> i thought there was a huge difference in temperament. i thought paul ryan seemed vice presidential. he was serious, respectful, it temperament set the right tone. i thought vice president biden interrupted, inappropriate smiling, laughing, giggling, i thought he looked like sometimes like he was trying out for "one flew over the cuckoo's nest." it didn't seem vice presidential. didn't seem like he hit the mark. one thing they missed. paul ryan laid out what the romney/ryan agenda would be for the future. you didn't hear anything new at all from vice president biden about what the obama administration's going to do to get down unemployment, to spark growth. all the things they've been failing at. they have laid out no vision at all to address that. >> his point was that vice president

. >> now former congressman rick hill debates steve bullock. the winner will replace. >> montana public radio, yellowstone public radio and the university of montana's journalism% debate night. the race for governor. productions for debate night was provided by the greater montana foundation, encouraging communication on issues, trends and values of importance to montana and by viewers like you who are friends of montana pbs. thank you. >> moderator: good evening and welcome to our coverage on debate night gave us like to welcome viewers across the country on c-span, those online at montana public media clusters in the austin public public radio. and just it, i'll menace both get you you two are missoula studio. republican rick hill and democrat steve bullock based on independent polling, the libertarian candidate did not reach 5% and is not included. again tonight we went postdebate analysis, including a research team from university of montana school of journalism checking information for us throughout the debate. also with sr analyst and bac

you saw, steve, what struck rick as the standout point. what strikes you? >> well, not that. what rick put up there on the full screen was pretty much word for word what the fed said in the statement last week or when the med meeting was held. that's been known by the market. what bernanke's doing is something i guess he's been inclined to do individually, but also has to do professional as chairman because of the unique fed policy that's out there right now. didn't have to -- used to be that a fed chairman felt compelled to go out there and really sell his policies to the public. but because this fed is so much in the political crosshairs, because things the fed has done have been so unique, so unconventional, the fed chairman has to go out there and really talk in simple terms to the common man about the policies and try to explain it. there's been a lot of criticism about savers, about the effects of inflation, about the fed monetizing the debt, about the fed going out there and really helping the fiscal authority be reckless with its fiscal policy. so he's out there sayin

steve: it's been a couple of years since rick sprgfield first appeared on our show and i remember seeing somebody who was inherem,aso ou m hep a time. could be a member of your family tree. >> gretchen: i know who it is. >> brian: my first wife. [ laughter ] >> steve: the first and only wife. >> brian: right, i shod say that. >> steve: she is h big n. >>angh e abo g f r ckfo ton. sh and all her high school friends went to the concert. >> gretchen: he has a new cd out and he'll be joining us at the end of our broadcast. stick around for that. let's do some hadlines. could the book belosgn coe?tiols r fou tup urllrumn whether race should be considered in admission to public college examines universities. the case centers around a girl who says her rights were violated in 2008 when the univerty of texas rejected her ind.m mitde >>maar a btof st e retardant pants was arrested at la international airport. but what was in his bag was more disturbing. he was stopped by customs agents after arriving on a flight from japan. in his bag they found a smoke haffives, a hatchet,, dy and more. the u.s.

this is a big report. >> guys, thank you all very much, steve, see you back in a little bit, rick, see you in a little bit. michelle and mark thank you for coming in. john will be with us for the rest of the show. >>> come up next the political implications of the jobs report, guys who use advise presidents, austan goolsbee chairman of the council of economic advisers under president obama and ed lazear chair under president george w. bush. ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >>> let's get more reaction to the numbers, joining us two former chairmen of the white house council of economic advisers, ed lazear advised president george w. bush and austan goolsbee, former adviser to president barack obama. you know, our friend liesman, aus

it's true, and "fox & friends" starts right now. >> steve: it's been a couple of years since rick springfield first appeared on our show and i remember seeing somebody who was in the green room, was so anxious to meet him once upon a time. could be a member of your family tree. >> gretchen: i know who it is. >> brian: my first wife. [ laughter ] >> steve: the first and only wife. >> brian: right, i should say that. >> steve: she is his biggest fan. >> brian: right. she was able to get front row tickets for the concert. she's still thinking about it. she and all her high school friends went to the concert. >> gretchen: he has a new cd out and he'll be joining us at the end of our broadcast. stick around for that. let's do some headlines. could the book be closing on affirmative action policies for college? in a few hours, the supreme court will hear arguments on whether race should be considered in admission to public college examines universities. the case centers around a girl who says her rights were violated in 2008 when the university of texas rejected her and admitted minority students i

. >> that's because we work in cable tv, steve. let's bring in the aforementioned rick santelli. rick, your initial thoughts. i have to say my favorite sound bite was alan simpson referring to politicians worshipping the good of re-election. that's one of the core issues here, right? we just can't get a deal done. >> i agreed with 99% of everything. as a matter of fact, i think i have about 20 santelli exchanges that represented almost every one of those clips. i agree with all of it. the only thing that i had a reservation with is i think that when lloyd blankfein talked about courageous and aggressive, it depends on which side of the receiving end of the liquidity you are. the goldmans, the primary dealers, the large banks, they're on the receiving end. other than that, i agree with everything. politicians are there to serve, but, no, they're there to get re-elected. the two gentlemen sitting there that were once politicians don't have to worry about re-election. there's a degree of honesty there that i found refreshing. >> yeah, you would -- look, it's nice to have conviction

weekly standard steve haze. >> of all of the things i am thinking about as we head into the last 12 days of this election this is not something that keeps me up at night. it is sort of funny in an absurd way silly way when you have 12 of the 44 countries to make up the osce to judge who is not free or partly unfree. you have countries like kazakhstan hasn't had free elections to come and pass judge on our elections. there is somebody humorous about it. >> i really don't like it. >> radio oo it is not a texas side problem. a lot of people are waiting on this they would like to see the observers here. it's something we do abroad all of the time. >> so. >> we have to let them come. we could have the aclu comply. >> i would rather from foreigners than the aclu. >> they have to comply with state laws. if they find something out of the ordinary what are they going to do write a report? >> part of it texas is going to be the complete part of the nation. it could not be funnier. there should be an hbo special about it. if you want to zoom out to more substantive issues here we will have sev

rick santelli standing by and steve liesman joining us from the conference in new york. you know, durable -- i guess of the claims number could be back in the 60s probably, rick. let's see this durable goods number. is it out? >> down 13.2 before was wild. all right, here we go. we are up 9.9 on durables on the headline. that's september. we see that august, which was a very large minus 13.2 was downgraded but minimally. only 110 to minus 13. we all know things that are supposed to last three years or longer are very volatile. of course, many were looking for a little makeup ground on this. kind of look at it in a two-month. as you dig through it gets more enlightening. the 9.9 headline diminishes 2% when you take out transportation. now, if we look at capital goods orders, not shipments, orders, nondefense, ex-aircraft, a proxy for capital spending, that indeed was on the weak side. that was a goose egg, unchanged. we're looking for that to be close to 1%. if you look at shipments versus orders, that was down 0.3%, up close to 1% expected. jobless claims moved from revi

rick listen at all from point pleasant beach. let's go to ewing, new jersey be, and the governor of new jersey, chris christie joins us live. good morning to you, governor. >> good morning. >> steve: we just saw the pictures. you've got a loft cleaning up to do in new jersey. >> listen, this has been a devastating storm. as bad as everybody projected it would be here in new jersey, new jersey probably took it worse than any other state. it made landfall here in new jersey and our jersey shore is devastated. we have almost no power in the city of newark because of the tidal surge up the bays that took out five different electrical substations. 2.4 million households in new jersey without any power today. we have a berm overwhelmed. we're doing urban search and rescue for hundreds of people in that town that's been flooded. urban search and rescue in sarahville, middlesex county because of the storm. this is really something. >> brian: are you very concerned about high tide today? do you believe the worst is over? >> i believe the

. >> thank you, rick, for the number. steve's going to give us more on those housing numbers in a minute. but first, we have breaking news from nike this morning. nike severing ties this morning with lance armstrong. in a statement just released, they wrote, due to the seemingly insurmountable evidence that lance armstrong participated in doping and misled nike for more than a decade, it is with great sadness we have terminated our contract with him. nike does not condone the use of illegal performance-enhancing drugs in any manner. they go on to say that nike plans to continue support of the live strong initiative created to unite, inspire, and empower people affected by cancer, but it's worth noting this morning that lance armstrong stepping down as chairman of live strong, apparently -- >> he's going to stay on the board. a 15-member board. the vice chairman at this point the founding chairman is going to take over. the chairman responsibilities, but the concern was that all of this negative publicity that's happening

. >> rick? >> all right, the reappearing 30,000 is back, because we jumped from 342 up to 388,000, so we're up 46,000, but of course we shouldn't look at it as though we're up 46,000, we should look at it probably like we're up more like 20,000, because there was a big drop last week, arguably a missing state, i'm not sure if there's been an admission there. i know california had a very large denial. so the numbers shouldn't be shocking but it puts us back where we ought to be. the preopening equities have been an about-face in the dow futures by about ten, they were up about eight, now down about two, nothing huge, but i have to tell you, i'm a bit surprised. we've traded down a couple of basis points in yield and the reason it's important for all you kind of armchair technicians out there, the moving average is 180 1.80 to 1.81 in a ten-year. down here the moving averages aren't the first thing you look at but there's more detail with the technical analysis down here, maybe closer to 2% but it

. >> rick, thank you very much. steve, why don't you weigh in. what do you think of the numbers, first of all retail sales and down 6.16 for empire state, that's pretty good deal. >> that's pretty weak but the retail sales numbers are significant to the third quarter gdp forecast. going into this number, if we had hit the numbers we thought we had, we were looking at 1.5% consumer spending number. my guess is that has to come up. maybe the third quarter is hard to know, somewhere between a quarter point to a half a point better than we thought. not off the charts but a bit stronger in the third quarter. also significantly here, we had that swoon in may, june and july, and now we've come up pretty significantly in august and september. when i look at the particular categories that have done better, i'm not all that happy about it. you see gas prices and energy prices really taking a big chunk of total consumer spending and that's going to be significant. i'm looking at for example gasoline station sales up 2.5% in september, 6.1% in august. >> not

it was newt gingrich and rick santorum. he needed to turn it on in the republican primaries, and he did. >> steve, what do you think the ultimate impact is going to be? is this the game change moment to use the term that we hate? >> i swear we're living in this mirror image of 2004 where the bush role is played by obama and where kerry is played by romney. i remember september 30th, 2004, watching that debate and watching the reaction after that debate between kerry and bush and the reaction of democrats. i thought of taking some of the quotes from some republican and conservative pundits talking about how this changes the race, just switch in kerry's name for romney, switch in obama for bush. exact same sort of mental adjustment. the silver lining for that for democrats is bush went on, and he didn't i think win the next two debates but recovered and was serviceable in the next two debates. >> do we really think that anybody who was a lean obama voter changed their mind and said, now i'm going to vote for mitt romney becau

steve you wanted to look at these numbers? >> i love the way rick says all important food and energy forcing me to say the opposite. >> i take rick's side on this. >> not t, i would say important but not necessarily always for policy purposes food and energy, unchanged on the core numbers here. >> is santelli still driving and eating, idiot, you haven't given up those, rick, you still drive a car and eat? you're getting fat and ruining the environment at the same time. stop! >> well i'll tell you, nobody wants to drive cars anymore. you know we want to be more like europe. we want cars that will fit in the trunk of the cars we used to drive. >> i bet you go to a drive-thru and eat and drive. >> you can't text and drive. you can eat and drive, you can have a big italian subway sandwich in your hand but you can't have a cell phone. i just look up the chain here, it's not non-existent but there is not a lot of pipeline pressure when i look up, look at intermediate goods and raw or unfinished goods. for example in the core i want

. >> remember rick james? it was a rick james kind of market. now it is from netflix a steve miller market. some people call me maurice, but this downgrade by bank of america -- >> i was doing the sound effects for maurice. >> i like that curious chainsaw you were doing. >> whatever i can do here. >> my wingman. >> your solid gold dancer. let's move on here to talk europe. german chancellor angela merkle visiting greece today for the first time since the european crisis began. she's meeting with greek prime minister this morning as protesters blame merkle for forcing painful cuts on greece in exchange for bailouts. meantime the imf is cutting the global forecast to 3.3% down from 3.5% and urging u.s. and european policymakers to deal with their fiscal issues or face a prolonged downturn. the imf is forecasting a contraction that underscores what we do already know and should be expecting out of the region. >> we are taking back one of the two rate hikes they had. there's not a single policy going on here. look what ireland was doing cramming dow

thank you as well. >> rick. >> rick. bob pisani. whoever else is out there. >>> facebook stock fans rejoice. shares are soaring today but is it all short covering or something more real? >>> and we're going to go to the mattresses with herb -- not like this. he's been warning but this stuff for a year now. he's going to do a victory lap as well. >>> anyone watching, it is bulletproof stock. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. 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. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> welcome back, everybody. we have herb greenberg here. monster lost 22% in two days over the course of monday and tuesday. today it does about 14%. we were scratching our heads and trying to work out why. what materially changed here, if anythi

. >> steve: that's right. it is checkers greatest new location. they have 46 area locations in the country . rick silva joins us live. we'll talk about national potato day tomorrow. but first i amure suld you heard 80 ceo's and big companies like boeing and morgan stanly and goldman saches sent a letter to congress. we need to do something in a bipartisan basis including tax debt. >> importance was sound fiscal policy is important for every person in the country. i agree to make sure we are not spending more than we are taking in and sound economy. 92 would you agree with the ceo's reet now we are in a place where nothing is getting done and so somebody needs to take the reigns. >> i grey agree everybody in the country come together and solve the problem. we are the greatest country in the world and need to get back on track. >> steve: you have thousands of employees in the country. we heard stories about how obama care injected uncertainty in business planning. as you look forward how does that impact your business? >> we are coming together with

. >> all right, rick, thank you very much. just a couple of quick headlines that are coming out from the draghi conference, steve, i'll run through these with you, you can tell me the most important, talk about inflation expected to stay above 2% in 2012, money growth remaining subdued, economic growth to remain week, no shocks on any of these things. he says the omt decision helped alleviate tensions in recent weeks and that it is now essential that governments keep implementing steps to try and reduce imbalances. >> right, so he needs the spanish government to request this so he can do what he believes what needs to be done. that's why he's not independent anymore. above 2% inflation forecast may explain why the ecb defied some forecasts and not cut rates, brought that from 75 down to 50 or parody with the federal reserve. i think part of the problem is that the euro has been as strong as it's been. >> also saying the council firmly committed to preserving singleness of monetary policy. >> how can he do that in. >> the ecb i

. >> gretchen: rick springfield back on the scene with a new record and a new documentary. >> brian: everybody with an iphone gets the video. that's great. >> steve: joining us from the subway, nick lechay. >> that's a great idea. >> brian: you don't need instruments. you've got your voice as your instrument. >> steve: he wound up with $3 in tips. let's see how much tip money. >> you sit in the bar, pretty high. >> steve: you do the weather and see if anybody would tip you. >> here is the weather. >> steve: nick lechay's weather. it starts in new york city. >> new york city, actually in cincinnati, looking like we got a high of 63, partly sunny skies in sin sun. a little close to home. we're going out west. los angeles, looks like a little bit of intermittent showers with a high of 69 degrees. intermittent, very weather word. >> steve: that's a $10 forecast right there. very nicely. >> gretchen: of course, why would we go out to l.a.? >> there is nothing going on in la. it's all new york, right? >> gretchen: isn't your little baby there? >> well, yes, he is. that's why i'm going back

steve forbes and 1996. did he drowned out of voters? no. he spent his own money, made it more possible that bob dole might lose so that other gop candidates got heard from. and go way back to the last election before the federal campaign act, 1968. a bunch of people went in and give him $12 million. nothing rich people heard. >> and a lack of disagreement on this panel. i do want to go back to you kim barker. you have been looking at tracking of the money. in addition to these questions of a how much influence individuals have, there are questions of what the state of play is. one of the things i was interested and it came from something to said, george said that he would not donate to a super pac and he decided to. what you think is changing in the game right now in terms of this election? and setting precedents for future elections? >>. democrats have pretty much that that originally we were against outside spending, super pacs, but at we are not going to play in the sandbox we might as well take our toys and go home. they feel like they

. >> rick, thank you. we're kind of digging through those numbers, too, head scratching taking place here over how you came in with such a big drop. steve, you got any thoughts on this on how to weigh in? >> i'm sorry, becky, i've been focused on the other interview, there were special factors, weather related sometimes you get a strike coming off back-to-work kind of thing coming off of claims. i don't know there was a special factor i saw any of the econo economists mention. i had it last time below 350 but not 340. this is, i'm going to call this an outlier until there's further evidence. there's no reason to think we've had this kind of acceleration to the upside, we were talking about reducing claims on this. i didn't hear the trade number. that's going to factor into gdp as well, that's something else we'll want to follow. >> is rick gone? >> don't start. don't start. joe explained it within a nanosecond. get jack on the phone. just call jack. >> we have three more thursdays, i think the claims numbe

today marks the one year anniversary of the steve jobs passing. still to come a man who wrote about jobs and his unsurpassed accomplishments at apple. jim stewart from the "new york times" will join us live. rick santelli is working on the next hour of "squawk on the street". >> we'll have to talk a bit about employment but not in a way that anybody would suspect. us and them, one of my favorite pink floyd songs. in this context us and them is canada versus u.s. canada had some employment data and actually i'm optimistic about the employment scene down the road but not so much from our data. more from our north of the border friends and trading partners and we'll talk about that at the top of the hour. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [