rick stengel joins me now. he's the managing editor of time. how do you go about selecting the person of the year. and in the end you decide. >> and in the end i decide. >> rose: don't you love privilege? >> (laughs) it weighs on your shoulders alwa time, as you know. probably beginning in the middle of the year we start thinking about it, a month or so later i start asking people like you, members of the "time" 100, our correspondents, editors, writers start sending in suggestions and have meetings and then we start talking about ideas, tloung out names, sometimes it's not a person but a group of people, like last year, the protest. the end we whittle it down to a short list and then we choose. >> what is it you that you measure them by? >> it's a historical thing, charlie. you measure them in part by past person of the year winners. i always like to feel the person who wins person of the year is both backward looking in terms of the year past and forward looking in term of what that person will do and obama is a perfect example of that. >> ro

rick stengel joins me now. he's the managing editor of time. how do you go about selecting the person of the year. and in the end you decide. >> and in the end i decide. >> rose: don't you love privilege? >> (laughs) it weighs on your shoulders always time, as you know. probably beginning in the middle of the year we start thinking about it, a month or so later i start asking people like you, members of the "time" 100, our correspondents, editors, writers start sending in suggestions and have meetings and then we start talking about ideas, tloung out names, sometimes it's not a person but a group of people, like last year, the protester. in the end we whittle it down to a short list and then we choose. >> what is it you that you measure them by? >> it's a historical thing, charlie. you measure them in part by past person of the year winners. i always like to feel the person who wins person of the year is both backward looking in terms of the year past and forward looking in term of what that person will do and obama is a perfect example of that

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rick stengel -- >> when you see ratner's column, i wept. i'm crying. >>> all right. former first family members recall their times in the white house during the holidays. the host of the nbc special meredith vee yar ieira and formt daughter jen ma bush. >>> but first, the forecast. >> as far at weather goes, today a big travel headache in the middle of the nation. a blizzard. the first of the season rolling from colorado all the way to wisconsin over the next 48 hours. the snow has begun in colorado. denver to boulder to ft. collins, cheyenne, wim yoming i where the snow is at this hour. blizzard warnings in the magenta color there. that goes through much of iowa into southern wisconsin. it will just be nasty driving, interstates 80 and 90 across the midwest, we could get 6 to 12 inches of snow. windchill of zero, winds gusting to 50 miles an hour blowing that snow around will be the big problem. also there is enough warm air on the south side of this storm, we're going to have severe weather. maybe even a few tornadoes late today. anywhere from the ozarks south ward

joining us is "time"'s managing editor rick stengel. i'm going to read a quote from the interview you did with roger goodell. he says this is not a football tragedy, it's a human tragedy that impacts families, loved ones and an innocent child left behind. i mean, what's the bottom line here? does that mean he's not taking any responsibility for what happened? >> well, wolf, it's a tough question. i mean, it was a human issue. it's in all likelihood unrelated to anything having to do with football. i think it was a difficult decision for him. in the story roger talks about he looked at all the different angles, he sent grief counselors down there, he spoke to the coaches, he spoke to the owners. and he made the decision that in fact the most healing process was to allow the game to go on, allow the players to play. the players did in fact win the game. and it seems to me that that was the right decision. >> as you know, some of the critic of the nfl right now they say there is a culture of guns for a lot of these nfl players. listen to b

rick stengel is next with an exclusive first look at the new issue. we'll be right back. ♪ [ male announcer ] lifts to clear obstacles. ♪ lowers to cut drag. rises to every challenge. the class exclusive air suspension in the new 2013 ram 1500. engineered to move heaven and earth. guts. glory. ram. but some things never get old... marie callender's dutch apple pie with fresh fuji apples and a crust made from scratch... it makes home at the holidays even sweeter. marie callender's. it's time to savor. >>> so cute. welcome back to "morning joe." it is now time to look at "time" magazine with managing editor rick steppingel here to reveal latest issue. and it is the cutest cover i've ever seen. it's adorable. what do you got? >> so it's about the mainstreaming of genetic testing. want to know my future. there's an adorable baby on the cover. >> that's a girl. >> it is a girl. and it's about how in the future -- and even now genetic testing is becoming routine. in 2003, 2004 when they basically cataloged the whole human genome, it cost over a billion

let me also lay out, this is rick stengel, at the magazine, said, as far as a reason for the pick, for finding and forging a new majority, for turning weak noose into opportunity and for seeking amid great adversity to create a more perfect union barack obama is time's 2012 person of the year. howard kurtz, you know, of course, writes about media, and is the host for cnn's "reliable sources." he writes, wow, little did we know he was super man. i know time has to justify its choice, but really? obama himself is more modest in saying 2012 proves 2008 was not an anomaly. i'm sure you heard this today, michael, already. how do you respond to that criticism? >> i think rick was not calling him superman. i think rick was restating a little more poetically what i says in prose, not calling him superman. the anomaly part is at the core of what we're talking about here. there say real question coming out of 2008 about whether obama was sort of a flash in the pan, a one-time thing that came because of the economic collapse, because of the collapse of the bush administration, because of the desi

but ultimately, it is rick stengel, the managing editor, it is ultimately his pick and what happens in the small council room stays in the small council room. >> jim, thanks so much. great seeing. >> nice to be here. >> jim frederick from "time." >> a battle brewing between facebook's instagram and twitter, and it involves your photos. we've got the details later on. right after the break, steven schoenfeld is here to tell us where your message money is being put to work in 2013. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. portfolio management teams through his $2 billion proprietary investment firm. he's looking to expand. he's recruiting talent from galiant capital. when they think about it, they think, a lot of short-term tra