now dan's protected below the 255 level. but because he spent more, he'll need netflix to fall more to make money. specifically dan now needs netflix shares to fall below the $2.85 strike put by more than the $3 he spent on the trade, or below $2.77 by october expiration. and since the time of the trade, netflix has dropped 5%, not quite enough to make this trade a winner. and now movie lovers all across america -- >> quit telling your stupid story about the stupid desert and just die already! die! >> shh! >> reporter: just want to know one more thing. what will dan do now? want to take a look at this because the timing is pretty interesting. the trade was sort of working. but then the stock rallied. now, expiration is next week. so dan, what are you planning on doing now? >> this was a tough one. on wednesday when the stock was at 270, this was a pretty decent winner. i made a decision to stick with it because at that point i had 7 1/2 trading days left. the stock was trading so weak, it came down so hard, so fast. i'm incl

sort of to dan's point here. i'm not sure this is the breakdown you're looking for, what you want to see is a big reversal type days, huge volume. >> it's actually done that and moved back on many occasions. >> it's done that a couple times, the battery fire and also that german magazine report. >> but i do believe we'll have another one of these, that will be your exit sign. the big problem, though, when you have concentrated holders, right, you get these situations, where bad valuations can remain. we see that in a lot of stocks, where a lot of shares are concentrated in a couple hands and they aren't doing anything. >> i don't think we've seen anything close to the sort of selloff you have to in order to step in and buy it and feel good about it. it's up a torn. it's come back a little. interesting, about as many puts sold traded as calls. few more puts, but the only way to short this is to buy puts, you have to define risk. you mentioned concentrated holders, no way to really short it, because five guys, esse

dan culan. >>> they're seeing the only stadium in the u.s. to be home to major league baseball and national football league teams. how they swim it out in under 24 hours. we'll show you how they did it next. >>> a new course to get the raiders out of that oakland coliseum and the team's owner is checking out a new location and we'll tell you where after the break. >>> stay with us we're live testify oakland coliseum and you can see in this live picture the raider fans happy and headed home and some of the highlights coming up. >>> your local news whenever it with look at them with that u-verse wireless receiver. back in our day, we couldn't just move the tv wherever we wanted. yeah, our birthday entertainment was a mathemagician. because if there's anything that improves magic, it's math. the only thing he taught us was how to subtract kids from a party. ♪ let's get some cake in you. i could go for some cake. [ male announcer ] switch and add a wireless receiver. get u-verse tv for $19 a month for 2 years with qualifying bundles. rethink po

so dan, what are you planning on doing? >> on wednesday when the stock was at 270, this was a decent winner. i made a decision to stick with it. at that point i had 7.5 trading days left. the stock was acting so weak it came down so hard so fast, so i'm still inclined to stick with it here. this was a set it and forget it trade. the stock closed poorly today on a day the market closed very well. the momentum might have been broken. so i'll stick with this. >> now, you i think said you thought if there's a debt ceiling sort of agreement over the weekend, then it would be a sell the news event. you are setting up nicely. >> i think so. i think that the markets are positioned for that. if we open up and then sell the news they will come back at these stocks they started coming at earlier in the week. >> well, i think everybody knows i'm not a big fan of netflix here. i probably am more inclined to go longer data on trades, the vol is so high, options so expensive you need to sell things against it. that's why you do a butterfl

dan thought apple shares were going higher. but buying 100 shares of the stock would set him over $50,000. so to spend less, dan bought the apple november strike call for $25. now to make money, dan needs apple to rise above that call strike price by more than the cost of the trade, or in this case, above $525 by november expiration. but 25 bucks? >> the whole situation was, in my mind, a complete travesty. >> you said it, carl. show us how to do this for less. >> i sold two of the november $550 calls at $9. >> genius. so to spend less dan sold not one but two of the november $550 calls for a total of $18. but he did something else, he made making money even easier and here's how. between $25 he spent buying one call and the $18 he collected selling the other two higher strike calls, dan reduced the cost of his trade to just $7. >> we feel pretty good. >> and now instead of needing apple to rise above $525, dan can now see profits if it rises above the $500 strike call by more than the $7 he spent on the trade, or above $507 by

dan berdan is number one. he is number one in the men's open division. >> he wants to be the first marathon runner to visit with deb in celebration village. that is where she joins us now. >> some people are finished, and some people are waiting for the half marathoners. one of the folks here, heidi and her son isaiah. heidi, you are tracking your husband on your smart phone? >> yes. there is an app that will tell you when he meets certain stations. >> what is your last text? >> and said he was at 5.7 miles at 8:55. >> this is his first marathon? >> yes. >> did you sleep last night? >> he was anxious leading up to it. [no audio] >> he did most of it. >> i did. >> how did you prepare for this today? >> i didn't really do anything. i just got up and ran. >> you did most of it yourself. >> i did. >> you have a wonderful metal to show. [no audio] >> we apologize for the technical difficulties. the rainy weather not ideal for television equipment. celebration village continues to bring together walkers and runners.

dan, i know you've been worried for some time. data from the gap. which really makes the picture worse. >> yeah. just this week. this has been going on for a couple weeks. it's low end to high end. back in august we had disappointments from macy's and nordstrom. we had target and walmart. and in between, panera. it has continued into this week. we saw limited, gap, costco miss their comp. it shows there is a consumer out there, regardless of the s&p is back to 1%. underlying the consumer here in the states, it seems tapped. >> october the weakest in nine months. this is what we saw the last time we had this debt ceiling issue. >> so we have all the headline news. that's obviously not going to improve. one of the other things that could improve sentiment, rising participation, falling unemployment. other signs of real economic strength. consumers really need to see that. they need to see incomes rising, make sure government is working. they don't have either. i don't see any reason why people should expect consumers to be out there spending like craz

louis patdispatch "i would e to apologize to dan." no word on what his injury is quite yet. >>> let's go over to football now, colin kaepernick has been on the 49ers injury report, with a foot injury as of late. we now have an explanation as to why, and we have it from kap himself, if you believe him. >> a hang nail. >> really? >> yes. >> does it hurt? >> a little bit.

. >>> and sex and relationship expert dan savage is here. he's going to make the case that monogamy is not always the best policy -- wait for that. >>> plus, you will not believe how much sugar is in some so-called superfoods. i'm talking more than what's in multiple doughnuts. >>> but first this -- despite the glitches, the crashing websites, many people have finally had a chance to take a look at the cost of new health insurance offered through obama care, and i know a lot of young people, you're feeling sticker shock, but if you look closer, it gets more complicated. dan olkives runs a hair studio in the trendy bay view neighborhood in milwaukee. >> how long do you think you want to go in the long run? >> before the affordable care act went into effect it took dan about six of these haircuts to pay for his monthly medical insurance bill. in milwaukee, for a single man dan's age, the average premium for the least expensive type of policy is $200 before the tax credit, more than the national average and about $100 more than the cheapest he

paula, dan? >> thank you for your reporting. >>> there were other headlines overnight and for that we turn to ron claiborne including for the first time in five years it looks like a major bank is going to be held responsible for the financial trouble? >> it's going to be jpmorgan chase who is going to be fined a record, for his role in thes the mortgage melt down that let to the 2008 financial crisis. under a tentative deal, check this out, chase will pay a record $13 billion in penal tips and a separate investigation to determine whether criminal charges should be filed. >>> the white house saying half a million applications have been filed for obama care. they are checking out computer problems that has claimed the online exchanges. >>> a wild scene on a california highway all caught on camera. this video showing that a big rig truck is going out of control near san francisco, the truck swerve, hitting a barrier and crashing into on coming track. amazingly no one was hurt in that incident. >>>

dan? >> jeffrey, thank you. >>> abc news consultant and former fbi special agent brad garrett has been following this case closely for years. he joins us now from washington. brad, good morning. is a big media push like this likely to work in a case that is this old? six years old? >> certainly, dan, working a number of cold cases when you go back, review them, pull up new leads, looking at phone records, you are bringing it back into the public's eye with this special and they're really humanizing the relationship, the family relationship, and saying, look, something come forward. somebody brings information. >> what about the release of this never-before-seen videotape of maddie on the tennis court, running around the court playing ball girl, what likely impact could that have? >> a big one. that's the emotional hook. when you humanize the victim, show this beautiful child with her parents, a relative, uncle, aunt, somebody associated with the bad guy may feel guilty and finally come for

tavis: tell me about your son dan. i don't want to color that question too much deliberately good but tell me about dan. courageous, active, creative spirit. he saw the light in people. esop potential. he was a closet artist. he created journals that we did not even know about. after he was killed, we discovered about 20 journals that he had sort of locked away. and those we transformed into a series of books. i have had the joy of watching those oaks inspire people all over the planet to really find their own creative's ark and their own sense of activism. about his professional choices and decisions to do what he was doing as a photojournalist. >> i suppose in a way he -- my footsteps. he was trailing me when as following people in nairobi for many years and taking photographs for me. so it was a very natural thing. but when he heard about a terrible famine in somalia, they wanted to go find out for himself what was happening. he went in with a friend from reuters. his photographs were among the first to awaken the w

>> i love it, dan. and you tweeted that, too. austin mahone instagraming this picture of him in the hospital. this is a serious story. what's going on here? reena ninan is here with the details. >> reporter: it is pretty serious. the panic began when mahone wasn't feeling well for a few days. he was hospitalized. and the illness couldn't come for a worst time for the singer, who expected to be on tour this weekend. it was this song. ♪ what about promises ♪ >> reporter: getting millions of hits on youtube, to get him started. not unlike justin bieber's rise to fame. he has been getting seen across america in this commercial. more than 4 million twitter followers, say get well soon to the singer. on thursday, mahone announced that a mysterious illness had forced him to cancel his upcoming mtv artist to watch concert tour. >> we're hearing more and more about singers, professionals, who use their voice, to an extreme level and extreme degree. >> reporter: the singer instagraming this photo with the message, i've never felt so ba

dot com dan collins welcome back to the kaiser report thanks max free to be here all right dan collins according to an editorial in a local chinese paper china wants to quote the american eyes tell us about who wrote this in which publication and who the editorial speaks for sure the piece was written by a respected journalist here in china by the name of. he's ready for shin wa which is really the new china news agency really some similar to what reuters would be and with the piece he's writing about would never really be spoken as an official mouth piece by the government ever really speaks for one point three billion chinese and frankly for most of the world in the piece he talks about. ask two d. americanize a world which brought shock. in a lot of the mainstream media press on it he's calling for basically in the article a wall street reform now a new reserve world currency and highlights that the americans have now lost the moral high ground globally with all of the drone attacks the tortures and now the recent scandals with spying on world leaders. the first party talks about wa

ron and dan will be watching. >> i have fsu. dan has clemson. >> two undefeated teams. the coverage begins at 8:00 right here on abc. thank you so much for watching abc news. we're always online at goodmorningamerica.com on yahoo! >> going to be $1,000 richer tomorrow. >> you're on. it's on. . >>> live, from the kgotv broadcast center. this is abc 7 news. >> good morning, everyone. it's 8:00 a.m. we're going to start this hour with a quick look at the weather with meteorologist lisa argen. >> the fog is hugging the shoreline,el shallow but dense in spots. half moon bay, very foggy there. visibility down to nothing, as well as the golden gate bridge, over into oakland this morning. but it will burn back quickly this morning. temperatures are ranging from the 40s and 50s. but by moon time, everyone is in the 60s aroun

dan was sitting with his dad and other patients when dan announced, "anyonement a coffee? i'm buying." a pumpkin caramel. >> reporter: seven years have passed. >> coffee and cove with cream. >> reporter: his dad beat his cancer and stopped coming here long ago, so why, then, is dan still taking orders? >> nurse ratchet will have the usual. it's the best job i ever had it and i have to pay to do it. somebody says can you ford na? i go, no, but i never had any money anyway. why not share it. >> reporter: to date dan, a retired audio visual specialist for the local school district has spent about $10,000 of his own money for fru-fru coffee drinks for cancer patients. he buys the drinks, almost too many at a time, and then delivers them to mercy and now a second hospital across town. >> almost lost it. >> reporter: it's obviously a very sweet thing to do. >> but oncologist rajan krishnan says dan's drinks do a lot more than just taste good. it's just a cup of coffee. what difference can it make? >> it's not so much the coffee. it is the coffee is a vehicle for the relationship

that's dan's, face by the way. next dan convinces bianna this is just a really exclusive party which is why no one is here. and ron pays the ultimate price for losing a bet. a tattoo of possibly my face. >> absolutely on the right, right? >> you have that tattoo i think on your arm. >> i was wondering where they came from. everyone jumped on that. now you guys are on the train, as well. >> love it. >>> but time for a "pop news" pop quiz and some of our favorite celebrities have been getting into the halloween spirit with some awesome costumes. so i'm going to let you guys guess on this. who is this star in a skeleton bride gown? is it "a," sandra bullock, "b," kim kardashian, "c," lea michele? >> kim kardashian. >> sandra bullock. >> why do you say kim kardashian? >> somebody said earlier she was a new mom. >> it is actually "a," sandra bullock. >> thank you, thank you. >> ding, ding, ding. >> she looks the same. >> anything else you want to yeah? >> yeah, and rocking a slash costume -- >> don't rub it in. >> rocki

. >> en más ,aunque no dan detalles sindicatos del bart quieren propuesta . >> los representantes del bart dicen que tienen propuesta lista . >> buenas noches . >> según dicen las partes esta es jornada favorable y veamos que pasa . >> [hablando inglés] . >> así como continúan discuciones pora acuerdo y evitar huelga del bart . >> local 1021 prometen esfuerzos . >> el hecho que gerenta se reuna con representantes es positivo dicen . >> [hablando inglés] . >> la representante dice que cranican hace preguntas pero esta an actitud de escuchar . >> y la dicen que necesita . >> [hablando inglés] . >> por su parte negociador dice que los escuchan de preocupaciones . >> el relojo no deja de marcar horas dicen que sino llegan acuerdo podrían ir a huelga . >> propuestas deben ser evaluadas . >> esperamos una propuesta nueva . >> evaluado . >> si se evita huelga . >> creo que no nos dan propuesta entera pero de una parte sola . >> así que queda mucho . >> más de detalles que miles quieren saber si tendrán que salir de casas antes para ir a trabajos , escuelas o cita medica para esa co

dan's right. the thing i was struck by over and over the last -- i think it but this has been going on for a month. the debate started mid september wasi would always ask as i walking through the halls of congress, as the tea party republicans, is this worth it, making your case and i was struck by one thing i kept hearing. on healthcare, it seemed like this had been litigated. overarted out as a fight obamacare and the 2012 elections seemed to illittigate that but person these tea party republicans elected in the wave no, thesaid, no, no, 2012 election was not about healthcare. the only election that's been was 2010 andare that was a strong referendum against it so i looked -- some of these numbers of congress in eye. of idaho saidor this is a referendum on healthcare, we're sent here to do this and they thought it was worth it. even at the end of all this, they were saying it was worth it. that's what i was struck by because the establishment, mitch mcconnell said it wasn't worth disconnects's h

the same thing will happen to dan snyder. the force of history will rush him and the name of his football team will be changed. and here is how easy it is to change that name. >> a number of teams mostly in the college ranks have changed their names in response to on jeks. the stanford cardinal and dartmoth big green were each the indians. and the miami of ohio redskins are now the redhawks. >> that's how easy it is to change the name but dan schneider says never. bob asked a question that dan should be forced to answer. >> if you were to walk into a gathering of native americans if you are on a reservation or happened to come across a family of native americans and you began conversing with them, would you feel comfortable referring to them as redskins? >> the goofy billionaire owner of the dallas cowboys, jerry jones, thinks he has the perfect defense. jones said it would be a real mistake to think that dan who is jewish has a lack of sensitivity regarding somebody's feelings. i promise you that. well then i have this quest

also sprint ceo, dan hesse. mobility a huge issue. if there may be more consolidation in the telecom industry. softbank acquired 80% of sprint. >> trying to upgrade the spectrum for them. then on this halloween, easily the scariest, most horrifying story we can find. this morgan stanley report that says the world is running out of wine. >> what? >> i can hear our viewers now. >> what? [ screaming ] >> yes, we hear you, viewers. we'll have that story coming up a little bit later on "closing bell." won't we, maria? >> we will. let's check the markets as we approach this final hour for the month. dow jones industrial average off the highs down in negative territory, seven points. 15,611. strong october. the month very strong. we're ending on a mixed note. nasdaq composite actually higher today. although it, too, is coming off of the highs of the day. 3932. s&p 500 where we are looking at a fraction on the upside. quarter point. 1763. steady moves. >> very steady moves. on this halloween the man they call sugar daddy. here's bob pisani wi

let's check in with dan kerman from oakland. it has been a long day, dan. >> reporter: yes, it will really be a long day tomorrow with no bart to ride. trains will not run tomorrow. as you know things were looking good. they were at the bargaining table for 30 hours. they are shocked that negotiations collapsed and bart management is hoping to get the union back at the table. >> there is no need for them to strike. it is a terrible idea for the riders and the people of the bay area. >> reporter: thursday evening tom invited them back to the bargaining table. union members announced they would strike at midnight. >> i must inform the public that at midnight tonight we will be on strike. this is not a union strike. this is a management strike brought on by arrogance thinking they could take worker's rights away. >> reporter: it is not about salary and benefits. they were close on those issues but management's hard line on making changes to work rules. >> it is do we have control and the ability to make decisions about staffing and

dan, let me begin you. neither of our representative representatives that we had on the show seem to be willing to go for a total repeal of obama care. what is your take on is that. >> the fight is going to continue. i think the american people kmpt expect their lawmakers to continue pushing this. we know it's a bad law. we know it's hurting people. the question is what do we do next? and i think from here over the next few months, you're going to see the people who are responsible for passing that law, they're going to own this. and people like kay hagan and mark pryor and mark begich, they're going to have to explain to their consistents why they stood in the way of efforts, legislative efforts that would have spared their constituents. >> and you advise -- you advise members this was a key tonight in the house. probably in the senate too. but i know now, you advise them to vote no on this package, could you not? could you tell us why? >> yeah we did. fundamentally this whole debate has been about obama c

dan in nevada, please. dan?

dan harris is one of them. he was below the back of the head. >> whoo. >> uncalled for. >>> two superstars heating things up in the kitchen. taylor swift and kelly osbourne team up to make a giant batch of chocolate peppermint cookies. they brought taylor's "22" video to life. kelly complimented her baking buddy on instagram. judging by photos, the cookies and the company were both amazing. i'll take the cookies. >> did she write a song about it? >> she writes a song about -- she's going to break up with the cookie. >>> you got to see these adorable photos of san francisco zoo's new star. baby girl gorilla was born ten weeks ago. gorilla births in captivity are rare. only about six in the u.s. each year. they say gorilla's heart and lungs sound like that of a human baby. >>> and it's officially breast cancer awareness month and glam girl beyonce is going pink. queen b's known for her fashion statements. this latest statement has an important meaning. she's giving herself a manicure that supports a great cause.

dan gilbert founder of quicken loans. more from dan to come. becky has deadlines. >> dow component caterpillar out with results a minute ago. the company missed estimates 31 percentages, 1.45 earnings. caterpillar cut the full year forecast and blamed problems on the mining industry. chairman and ceo doug oberhelman says it's been a difficult year. he'll join us. boeing also raised full year forecast and increased plan dream lieper production schedule. drug maker eli lilly revenue came in inline with expectations. right now need to look at markets this morning. we looked at weaknesses in the futures. dow down 75 points. most because of what happened in china overnight. change high come positisitive s. in europe weighing in on the markets. france down 1%. gains for dax. >> dow numbers are down. cat pillar is down. boeing offsetting that. caterpillar posted earnings below wall street expectations. joining us now to talk about the results caterpillar chairman and ceo doug oberhelman, in terms of operating environment and caterpillar, this has been

this is how i want to do it. >> dan? >> i'm not a fan of the story either, and i think the way mike is creating it if he wants to look down, this is the way to do it. i wouldn't short this stock with your money. it's a go go names. there's a lot of momentum behind it. when icon releases that 13 and he is out of the stock, that thing is going to crater. i like this as awe options trade. >> you have to do something to get the math on your side if you are going to make a counter trade like this. with implied volatility at 16%, you have to do something like this, and mike has an opportunity to turn this into a super calendar once the november put expires. he can sell a november put, and you can sell a -- really make it pay off zoosh got a question. accepted us a tweet@cnbc option wrshz scott is taking a look at the spy. in addition to scott, you'll find great trader blogs, and exclusive trades. check it out. here's what's coming up next. >> talk about being anti-social tsh. >> shut up. >> there's the social jind linked in ha

i want to turn to abc's chief legal analyst, dan abrams. dan, how sophisticated was this? >> very. for them to get the seal and signatures and most important to get it to the right person, to get this process moving forward was a very premeditated and well thought out plan. >> but you pointed out, that they tend to have a lot of time to think about these things. >> that's right. look, prisoners have a lot of time, they haven't necessarily linked it to these prisoners, it would seem that they were connected to the plan. but it allows them to take the time to create a sophisticated plan. >> how many inmates escape every year? >> approximately 1,000, that number way down from 20 years ago. but the tactics tend to be more old school. meaning stolen vans or cutting and digging, overpowering guards. those tend to be the most used method. >> how often do they get caught? >> almost all the time. the vast majority of cases, and most of the time very close to the prison. >> all right. dan abrams, thanks so much tonight. and we turn next to the question being asked around this country tonight

back over to you guys. >>> this morning's coffee with h dan rather. the satellite interview is furne ss tv. >> ladies and gentlemen, welcome dan rather back to wjz tv in baltimore, where you belong. how is it going? >> it's great. >> it's great to talk to you. >> it really is. so this is great deal. i can't believe i'm getting ready to ask dan rather this. what have you been up to dude? >> been up to trying to do some digging, investigative reporting, including a story i think most people are not aware of with what's happened with the new marijuana trade. it's a big dangerous big, unregulated, underground and a threat to public health. however you feel about marijuana, they're growing this stuff in california. in some cases mexican drug cartels, bulgarian international gangs are raising it on federal public land on state parks. it's outrageous what they're doing to the environment and most importantly however you feel about smoking marijuana because of using these fertilize rs and pesticides it can be bad for you health to smoke the new marijuana. >>

dan? >> 17 years later. clayton, thank you. >>> for more on the story, let's bring in attorney and former miami-dade county judge. let's go over this decision by the prosecutor not to file charges. how unusual is this? and what do you think was going through his mind? >> it's very unusual. keep in mind, the prosecutor is the one that brings this before the grand jury. the grand jury votes to indict on two counts. and says, there's not enough. and this doesn't happen very often. we have to keep in mind, what the grand jury is looking for, is probable cause. not proof beyond a reasonable doubt, which is what the prosecutor has to have to obtain a conviction in the case. >> he felt he could not do that. you have keyed in on one detail in a the parents were indicted as accessories. what does that tell you specifically? >> it's very interesting when we look at this indictment, that the parents apparently, not only were they charged or the grand jury thought there was enough to be charged with the child resulting

. >> al and cris to call it later right now, dan patrick an tony dungy and dan harrison are standing by. >> i have to look at green bay. they finally get a road win in baltimore. their defense played really well. but injury problems on that offense. >> you have randall cobb and james jones who were hurt in that game. >> green bay, he was the has beeniest -- the happiest guy in the room. >> time now for the sunday seven, seven best plays suggested by your tweets starting this week with a pick six for alec ogletree and the rams. all the way the other side. detroit. at the 30. at the 40. alec ogletree down the sideline. he'll walk into the end zone with his first nfl touchdown. >> he's back. he is going deep down the far side for riley cooper. touchdown! >> in the pocket. wide open. he's across midfield. down the near sideline. they take it to the house. it's a foot race. to the 5, touchdown, carolina panthers! >> wrapped up by stafford. he's got it! make it a triple for the rookie. third touchdown of the day. touchdown, detroit lions! >> and a play action fake. ben's going to go long.

carolyn, dan? >> thank you very much. >>> the hits keep coming for an on-line video showing a woman who quit her job in style. >> ♪ uh, oh >> she dances to kanye west's "gone" in the" i quit" video. >> she says her old company is, quote, awesome. ironically it produces news videos. she complained that all of the firm care bed is how many hits each video got rather than the quality. >> didn't i see larry downloading some kanye west? th our report i'm dan our report i'm dan [ phone ringing ] [ daughter ] hi mom. hey honey, the trip's great, very relaxing. are you sure you can't make it? but you come every year! you could be playing bingo right now! woooo! and there's movie night -- you love movies! [ laughs ] sorry honey, can't hear you -- bad connection. love you! [ laughs ] ♪ [ male announcer ] bold flavors for the bold hearted -- progresso heart healthy soup. because all these whole grains aren't healthy unless you actually eat them ♪ multigrain cheerios. also available in delicious peanut b

let's ask "wall street journal" columnist and deputy editor dan headinger. kim strasal and senior economics writer receive moore. before we get to looking ahead at the budget fight, kim, what's the big lesson you take away from that showdown battle? >> i think the big lesson for republicans are don't walk into box canyons that you don't have much of an escape from. nobody really won in this deal, paul, neither the republicans nor the white house. but the republicans certainly took the bigger brunt of this. their poll numbers are way down, a lot of conservatives are angry. they were promised something they could never actually achieve. there's been blow-back for those running for the governor's race in virginia. this has been really hard for the party. one thing they do emerge with is another shot at this and still what is their best leverage which is the sequester. >> i want to get to that later. dan, how big is the split here between the tea party or the folks that pushed this shutdown and the business community which is clearly not happy with it? >> i thin

dan? >> nonetheless, an enormous amount of pressure. >>> switching gears now, this morning at vatican, a fresh example of how pope francis is trying to set a new tone. there he is. there are regular people nearby and he's mingling with them as well. all part of family weekend which the pope is celebrating with families from around the world. and abc's gio benitez is on the story. >> reporter: good morning. it's a massive encounter with the pope. coming from five continuecontin. this morning, the pope is once again breaking from tradition. this time, at an annual event for families, where 150,000 families from 70 countries joined the pope in rome to profess their faith. now, for the first time hundreds of children and elderly people are standing side by side with the pope, instead of in the audience and emphasizing the importance of different generations. the pope saying saturday, every family is part of the history of a people, it cannot exist without the generations who have gone before i

i agree with dan's analysis. what they would say, paul, look, the congress and the house of representatives has the power of the purse. and when i talk to republican leaders and some of the tea party members, their argument is we have the authority to decide what we want to fund and what we don't want to fund. that's the argument. >> wait a minute. yes, they have the power of the purse with the senate. not just one house of congress. this is constitution 101, okay. only one house of congress. you need two. and then you have to get the president's signature. there is this natural thing. you can't just blame the republicans. that's just the reality. >> that is the reality. this is one of the first times the republicans have basically put their foot down and said, look, we're not running. everyone knows this comes down to obama care. i don't think they're in the end probably going to win that fight but we have the authority to decide we don't want to fund something and that's what it's about. >> you think this is wo