and good to be holding the line you addition to be bucking economics all right steve king you've been in europe for the past week while extreme volatility has returned again to the sovereign debt and equity markets is this a classic minsky moment type collapse action if so tell us what of linsky moment is well it's actually a mystery moment doesn't diminish the jostling is more this is more luck is the mystery millennium because this process began with the debt bubble that took fifty or sixty years to build up in america and will take something like about ten at least ten to fifteen maybe twenty years to unwind if we go through the same sort of in nine policies that politicians currently following by you know following the dos of the morons whose theories i write this book about me across the look on the mists so it's a it's a permanent shock and that the minsky moment comes down to saying that they can do a period of extreme rational exuberance providing through the economy what minsky calls euphoric expectations leading capitalists in general but in particular ponzi scheme is punchi

that fueled so-called growth is nothing more than an enormous ponzi scheme now steve king are going to be in ireland next month at the telco nomics best of all and i'm sharing the stage with jeffrey sachs was the only fun who's got to be considered a classic economist from academia somebody who in your book i'm sure would qualify someone to deep punk what should i bring to the stage when i'm on stage jeffrey sachs your thoughts what you could on scheme is what is the what does it think about what happened in russia because jeffrey sachs was a major proponent of what i call the shock therapy approach for russia that said to the white guy the transition from a socialist system to a capitalist system was to do it as quickly as possible in the belief that the market would instantly jump from wherever it was in the social system to an equilibrium of the market economy and the original plan that he pushed through was supposed to take a five hundred day period to go from socialism to free market capitalism now in fact that wasn't fostered off with unlimited one hundred fifty dies in russia ju

keen steve is the author of deep ongoing economics which is just been rereleased as the bone king economics to the naked emperor the throne steve kean welcome to the kaiser report thank you max good to be here and good to be holding. my new edition of the viking economics all right steve keen you've been in europe for the past week while extreme volatility has returned again to the sovereign equity markets is this a classic minsky moment type collapse action if so tell us what have minsky moment is well it's actually a moment doesn't diminish it just as i think is more low this is because of the miscue millennium because this process began with the debt bubble that took fifty or sixty years to build up in america and will take something like about ten at least ten to fifteen maybe twenty years to unwind if we go through the same so that in one policy is the publication's the cowardly following by you know following your boss of the morons whose theories i read his book about neoclassical economists so it's a it's a permanent shock in the dimity moment comes out of saying that they can be a

new edition of the barking economics all right steve king you've been in europe for the past week while extreme volatility has returned again . the sovereign debt and equity markets is this a classic minsky moment type collapse action if so tell us what it meant the moment is well it's actually a moment doesn't diminish just as it is morally this is because of the minsky millennium because this process began with the debt bubble that took fifty or sixty years to build up in america and will take something like about ten at least ten to fifteen maybe twenty years to unwind if we go through the same sort of in one policy is the politicians a cowardly following by you know following the advice of the morons whose theories i write this book about me across the look on them it's so it's a it's a permanent shock in the moment comes out of saying that they can be a period of extreme rational exuberance providing through the economy what minsky calls euphoric expectations leading capitalists in general but in particular ponzi scheme is punch emotions people who make money by gambling on rising

my new edition of the barking economics all right steve king you've been in europe for the past week while extreme volatility has returned again to the sovereign debt and equity markets is this a classic minsky moment type collapse action if so tell us what i meant the moment is well it's actually a moment doesn't diminish just as i think it's more low this is more like because of the miscue millennium because this process began with the debt bubble that took fifty or sixty years to build up in america and will take something like about ten at least ten to fifteen maybe twenty years to unwind if we go through the same sort of in one policy is the politicians a cowardly following by you know following the dos of the morons whose theories i write this book about me across it work on the mists so it's a it's a permanent shock in the misc. a moment comes out of saying that they can be a period of extreme rational exuberance providing through the economy with what minsky calls euphoric expectations leading capitalists in general but in particular a ponzi scheme is punching merchants peopl

my new edition of the barking economics all right steve king you've been in europe for the past week while the. dream volatility has returned again to the sovereign debt and equity markets is this a classic minsky moment type collapse action if so tell us what a minsky moment is well it's actually a moment doesn't diminish just as it is more like this is the minsky millennium because this process began with the debt bubble that took fifty or sixty years to build up in america and will take something like about ten at least ten to fifteen maybe twenty years to unwind if we go through the same sort of in one policy is the politicians a cowardly following by you know following the advice of the morons whose theories i write this book about me across it look on them it's so it's a it's a permanent shock in the moment comes out of saying that they can be a period of extreme rational exuberance providing through the economy what minsky calls euphoric expectations leading capitalists in general but in particular ponzi scheme is punch emotions people who make money by gambling on rising us a

to the naked emperor dethrone steve king welcome to the kaiser report thank you max good to be here and good to be holding the line you edition of the barking economics all right steve keen you've been in europe for the past week while extreme volatility has returned again to the sovereign debt and equity markets is this a classic minsky moment type collapse action if so tell us what have been sitting home it is well it's actually a mystery moment doesn't diminish just as it is more low this is is the miscue millennium because this process began with the debt bubble that took fifty or sixty years to build up in america and will take something like about ten at least ten to fifteen maybe twenty years to unwind if we go through the same sort of in one policy is the politicians currently following by you know following the dos of the morons whose theories i write this book about neo classical economists so it's a it's a permanent shock in the moment comes down to saying that they can do a period of extreme rational exuberance providing through the economy what minsky calls euphoric exp

that fueled so-called growth is nothing more than an enormous kanzius game now steve king i'm going to be in ireland next month at the tail comics best of all and i'm sharing the stage with jeffrey sachs was all the fun who's got to be considered a classic economist from academia somebody who in your book i'm sure would qualify someone to deed punk what should i bring to this. age when i'm on stage jeffrey sachs your thoughts what you could ask him is what is he what does he think about what happened in russia because jeffrey sachs was a major proponent of what they call the shock therapy approach for russia that said that the way to go to transition from a socialist system to a capitalist system was to do it as quickly as possible in the belief that the market would instantly jump from the wherever it was in the social system to an equilibrium of the market economy and the regional plan that he pushed through was supposed to take a five hundred day period to go from socialism to free market capitalism and in fact that wasn't foss enough for them they made one hundred fifty two and i w

king i'm going to be in ireland next month at the hilton omics best of all and i'm sharing the stage with jeffrey sachs was the only fun who's got to be considered a classic economist from academia somebody who in your book i'm sure would qualify someone to deep bunk let you know i bring to the stage when i'm on stage jeffrey sachs your thoughts what you could ask him is what is the what does he think about what happened in russia because jeffrey sachs was a major proponent of what they call the shock therapy approach for russia that said that the way to go the transition from a socialist system to a capitalist system was to do it as quickly as possible in the belief that the market would instantly jump from wherever it was in the social system to an equilibrium of the market economy and the regional plan that he pushed through was supposed to take a five hundred day period to go from socialism to free market capitalism and in fact that wasn't fast enough what made it one hundred fifty dies and i was in russia just recently speaking. people at the university humanities there and one

new edition of the banking economics all right steve king you've been in europe for the past week. while the extreme volatility has returned again to the sovereign debt and equity markets is this a classic minsky moment type collapse action if so tell us what a minsky moment is well it's actually a moment doesn't diminish. this is the minsky millennium because this process began with the debt bubble that took fifty or sixty years to build up in america and will take something like about ten at least ten to fifteen maybe twenty years to unwind if we go through the same sort of in one policy is the politicians a cowardly following by you know following the advice of the morons whose theories i write this book about me across it look on them it's so it's a it's a permanent shock in the minsky moment comes out of saying that they can be a period of extreme rational exuberance providing through the economy what minsky calls euphoric expectations leading capitalists in general but in particular a ponzi scheme is punch emotions people who make money by gambling on rising us a process to t

congressman steve king makes his case how we v. the numbers shashging down. martha: guess what, bill? bill: what's that? martha: a tsa has a brand new plan to get us through the airport faster. sounds like a good idea, right? but you may not like the tradeoff. and there is this. [shouting] bill: well the tea party took america by storm with an organized message and national support. they're being compared to thousands of protesters demonstrating against wall street. stephen moore and "the wall street journal" joins us on that. >> we're from florida. i will be probably going home and starting my own movement in florida. we came here friday and got arrested saturday. the best approach to food is tkeep it whole for better nutrition. that's what they do with great grains cereal. they steam and bake the actual whole grain while the otr guy's flake is more processed. mmm. great grains. the whole whole grain cereal. me too. you booked our room right? not yet, thanks for reminding me. wait, what? fret not ma'lady. i have the hotels.com app so we can get a great deal

perry took part in an annual hunt hosted by iowa republican representative steve king. king's endorsement is highly sought after since iowa hold the country's first caucus. >>> the state of nevada announcing just minutes ago that it has moved back the date of its caucus. it was scheduled for january 14th but nevada will now hold the caucus february 4th. new hampshire republican leaders had encouraged nevadian republicans to make that change. >>> kate edwards the oldest daughter of john and elizabeth edwards got married just a short time ago in chapel hill, north carolina. on hand to walk her down the aisle her father the disgraced two-time presidential candidate and former senator from north carolina, kate's mother elizabeth died of breast cancer just two weeks after kate became engaged to her college boyfriend. >>> a lot of military families are expected to be very excited to have their loved ones home for the holidays. president obama's announcement that after nine years in iraq u.s. troops are leaving. that was music to the ears of so many military families. the pres

you've got herman cain with his tax plan. >> you heard steve king say he is looking for the fair tax advocate like huckabee last time. but the fact that perry is weighing in with a specific plan tomorrow will help him enormously. he was hitting abortion this weekend. thought there was a weakness on herman cain where he seemed to endorse the freedom of choice but that economic plan is going to help perry. it should. we'll have a good debate about the best way to approach tax simplification. >> jennifer, what is your sense in iowa of how much voters are going to focus not just on the economy over all with the candidates but on these tax plans some of which are rather bold, rather radical specifically? >> i think that's exactly what they're looking for. rick perry has been in a slump here but i think that he could rally here if he can really convey to iowans that he is the best person to really turn around this economy. that's what they're looking for and that is exactly right. they are telegraphing in the polls with their appreciation for herman cain and mitt romney that they really ar

you've got herman cain with his tax plan. >> you heard steve king say he is looking for the fair tax advocate like huckabee last time. but the fact that perry is weighing in with a specific plan tomorrow will help him enormously. he was hitting abortion this weekend, he was hitting abortion. thought there was a weakness on herman cain where he seemed to endorse the freedom of choice but that economic plan is going to help perry. it should. we'll have a good debate about the best way to approach tax simplification. so it's part of an ongoing debate that will play well with the primary voters. >> jennifer, what is your sense in iowa of how much voters are going to focus not just on the economy over all with the candidates but on these tax plans some of which are rather bold, rather radical specifically? >> i think that's exactly what they're looking for. rick perry has been in a slump here but i think that he could rally here if he can really convey to iowans that he is the best person to really turn around this economy. that's what they're looking for and that is exactly right. they a

you've got herman cain with his tax plan. >> you heard steve king say he is looking for the fair tax advocate like huckabee last time. but the fact that perry is weighing in with a specific plan tomorrow will help him enormously. he was hitting abortion this weekend, he was hitting abortion. thought there was a weakness on herman cain where he seemed to endorse the freedom of choice but that economic plan is going to help perry. it should. we'll have a good debate about the best way to approach tax simplification. so it's part of an ongoing debate that will play well with the primary voters. >> jennifer, what is your sense in iowa of how much voters are going to focus not just on the economy over all with the candidates but on these tax plans some of which are rather bold, rather radical specifically? >> i think that's exactly what they're looking for. rick perry has been in a slump here but i think that he could rally here if he can really convey to iowans that he is the best person to really turn around this economy. that's what they're looking for and that is exactly right. they a

steve king ston, "bbc news," washington. >> the magazine "private eye" has made its reputation by combining hard-hitting journalism with poking fun at public figures. it's celebrating its 50th anniversary with an exhibition of its cartoons that have amused many and offended plenty. >> it might be 50 years old, but as the latest edition shows, "private eye" rarely misses its target. the magazine's front cover, a launch pad for its irreverent humor and oh so close to the bone comments, often funny for those not featured, and sometimes even the ridiculed have been noun to laugh. -- known to laugh. >> the front cover after our disastrous local election result, it was a photograph of obama looking at hillary clinton, looking at the attack on the bin laden compound and hillary clinton's like oh, those poor liberal democrats. it was incredibly funny. i saw it in my local news and i just laughed out loud. >> "private eye" emerged out of the boom in satire during the early 1960's. the public schoolboys prefeoke decided to try living by their wits. their magazine quickly found its house style, and it

bone king economics to the naked emperor dethrone steve kean welcome to the kaiser report thank you max good to be here and good to be holding the. new edition of the buck in economics all right steve keen you've been in europe for the past week while extreme volatility has returned again to the sovereign debt and equity markets is this a classic minsky moment type collapse action if so tell us what it minsky moment is well it's actually a moment doesn't diminish. this is the miscue millennium because this process began with the debt bubble that took fifty or sixty years to build up in america and will take something like about ten at least ten to fifteen maybe twenty years to unwind if we go through the same sort of in one policy is the politicians a cowardly following by you know following the advice of the morons whose theories i write this book about me across it look all the mists so it's a it's a permanent shock in the scheme and comes out of saying that they can be a period of extreme rational exuberance providing through the economy what minsky calls euphoric expectations leadin

bone king economics to the naked emperor dethrone steve kean welcome to the kaiser report thank you max good to be here and good to be holding the. new edition of the barking economics all right steve keen you've been in europe for the past week while extreme volatility has returned again to the sovereign debt and equity markets is this a classic minsky moment type collapse action if so tell us what it means key moment is well it's actually a moment doesn't diminish as i think it's more low this is more like it was of the miscue millennium because this process began. and with the debt bubble that took fifty or sixty years to build up in america and will take something like about ten at least ten to fifteen maybe twenty years to unwind if we go through the same sort of in nine policies the politicians the cowardly following by you know following the advice of the morons whose theories i write this book about me a classical economists so it's a it's a permanent shock in that the minsky moment comes out of saying that they can be a period of extreme rational exuberance providing through th

king would you say that a simple demanded be we need a new coke or a commission yes absolutely we need somebody with balls running it on google because my obvious nomination day bill did a brilliant job over the sightings and loans commission he put hundreds of people behind bars who belonged there for the behavior in the lunch process that was a drop in the water compared to what happened since then with the the dot com bubble an unsolved crime but nobody's going to july over it now there's absolutely bucket loads of fraud in the system and you need somebody with the bowls to psych them on and put people behind it is and start breaking down the political power that wall street still has yet bill black means to get medieval and jamie diamond. all right let's spend the next minute or start talking about australia you famously have been calling for the australian real estate market top out and started declining of all your work steve came this is the one prediction that has a lot of the others but it seems as though you're being vindicated to bring us up to date the i was right i made th

king would you say that a simple demanded be we need a new book or a commission yes absolutely we need somebody with the. ols running it on bill because while these nomination day bill did a brilliant job with the sightings of the commission he put hundreds of people behind bars who belonged there for that behavior in the months process that was a drop in the water compared to what happened since then with the the dot com bubble and the subprime but nobody's going to live right now there's absolutely bucket loads of fraud in the entire system and you need somebody with the balls to psych them on and put people behind bars over this and start breaking down the political power that wall street still has yet bill black needs to get medieval and jamie diamond. all right let's spend the next a minute or start talking about australia you famously have been calling for the australian real estate market top out and start of decline of all your work steve came this is the one prediction that has a lot of the others but it seems as though you're being vindicated if you bring us up to date the i

king i'm going to be in ireland next month at the kill comics best of all and i'm sharing the stage with jeffrey sachs was all the fun who's got to be considered a classic economist from academia somebody who in your book i'm sure would qualify someone to do. punk what should i bring to the stage when i'm on stage or jeffrey sachs your thoughts what you could ask him is what is the what does he think about what happened in russia because jeffrey sachs was a major proponent of what they call the shock therapy approach for russia that said of the way to go the transition from a socialist system to a capitalist system was to do it as quickly as possible in the belief that the market would instantly jump from the whatever it was in the socialist system to an equilibrium of the market economy and the regional plan that he pushed through was supposed to take a five hundred day period to go from socialism to free market capitalism and in fact that wasn't fostered off what made it one hundred fifty dies now it's in russia just recently speaking with people at the university of humanities th

king from iowa also was sort of deriding the group i think he might have said it was dangerous so i don't think you're going to get it the republicans are not moving on this if this if this does have an effect in washington it's going to be to somehow open of states for democrats we see and should have a concerted effort to really get the office that this is a leaderless. we are they like to say. ok sure but that it danger that their essence you know that clear set of little a clear set of talking heads that if you carry around i've heard the term leaderless thrown around throwing around a lot and i think i've used it myself but i think actually after reflection i think a more accurate term assert decentralize because there are. there are clearly people who've been here since the beginning people who are taking on a greater organizational role. i mean it's still decisions are still made by consensus but basically as i think john harbin center board of mother jones said yesterday it's basically anyone who has a good idea and can convince people that's a good idea and to help out with

congressman steve king from iowa also was sort of the right in the group i think he might have said it was dangerous so i don't think you're going to get the republicans are not moving on this if this if this does have an effect in washington it's going to be to somehow open it space for democrats we see in sort of a concerted effort to really get past the time that this is a leaderless movement. we are they like to say. ok sure that it ain't her but their essence you know that clears that up so i dare say that the talking heads that if you carry around i've heard the term leaderless thrown around thrown around a lot and i've used them myself i think actually after reflecting i think a more accurate term assert decentralize because there are. there are clearly people who've been here since the beginning people who are taking on a greater organizational role. i mean it's still decisions are still made by consensus but basically as i think i just are considered board of mother jones said the other day basically anyone who has a good idea and can convince people that's a good idea and to

he took part in an annual hunt hosted by steve king. king is an influential figure in iowa. and his endorsement is highly sought after especially since iowa holds the country's first caucus. >>> now back to our top story. the end of the war in iraq. and what a costly war it has been on several fronts. the price tag for the nine-year conflict, more than $700 billion. and all those battles in iraq, well, they took the lives of more than 4,400 u.s. troops. 34,000 others were injured. most of the remaining 39,000 troops in iraq will be home by the end of the year. many u.s. military families are excited about having their loved ones home for the holidays. martin savidge is talking to some of them at ft. bliss outside el paso, texas, where a number of the troops will be returning. martin? >> reporter: yeah. and this is one of those days that you could say that ft. bliss definitely lives up to its name. there's an air show going on. if you hear noise in the background, don't be too alarmed. yesterday's announcement by the president was so welcomed. we talked to denise young. her h

seen here with congressman steve king. he's on the tea party caucus and has been a past supporter of congresswoman michelle bachman who is working hard to shoot down rumors that her entire new hampshire staff jumped ship. her spokeswoman tells us, quote, not all her new hampshire staff quit. the director did quit and caroline gillger. we didn't know yesterday because they never talked to us. they just went to the press. it would have been nice for them to talk to us. we have between three and five paid staff in new hampshire. we understand they want to campaign and work more, it's just that we are spending our time and efforts in iowa. we're basically camping out in iowa until the caucuses. bachman, according to a university of iowa poll, has 4% support in iowa behind perry, who has got 6. gingrich, who has 8. paul, who has 12. romney, who is not in iowa this weekend, but has 27%. and cain, who is ten ahead of that with 37%. rick? >> rick: peter doocy, thanks. >> arthel: i want to tell but a calendar fight over this year's

you had an interview with steve king. this was a very important interview. >> it was an endorsement everybody wants in iowa. he endorsed fred thompson last time around and that's what gave them leg up to finish third in iowa. he went pheasant shooting with rick perry this weekend. we'll talk all about that including, you know, is rick perry as good with a gun as he says. and we'll get to the bottom line. plus a special guest to solve all the problem in washington. i found someone who could do it, john. >> elmo, excellent! >> yeah. i thought it's just that bad that we need somebody like elmo. so we got that coming up. >> elmo would understand the daycare center here. that's a brilliant idea. i'll get the endorse many part better. i'm interested in the gun part. >> if elmo would endorse many, that endorsement would probably deliver the win. >>> first michele bachmann's staff quit en masse. today they let everyone know why. in america, we believe in a future that is better than today. since 1894, ameriprise financial has bee

you can see steve king of iowa* addressing the group. later we expect to hear from congresswoman michele bachmann who said she is the tomorrow true conservative in this race. a contention other candidates, including rick santorum may challenge. here is the form pennsylvania senator addressing the summit earlier today. >> we worked together. we have gotten thing done in this city where most politicians tend to put these issues on the back burner. i have never put social issues and values on the back burner. i have been leading the charge in washington, d.c. megyn: welcome back to the program, senator. glad to see you. there michele bachmann says she is the only true conservative in the race. and to her you say what? >> just look at the record. you want to talk about a record of conservativism and accomplishment and experience, i think we bring all three to the table. i have got accomplishments on moral-cultural issues, she does not. the syrian accountability act, no and of course i was the author of welfare reform and a supporter of a lot

he was campaigning andstein here with congressman steve king. he has past supporter for michelle bachmann. she is shooting down rumors that entire staff jumped ship. the director they said did quit and they never -- >>> according to a follow out yesterday has 4% support behind perry who has got 6, gingrich who has 8, paul, 12, romney has 27% and cain who is ten ahead of with 37%. >>> peter doocy, thanks. >> gregg: good news for the cain train, her man cain winning the western republican leadership straw poll, putting his long shot campaign into clear focus but recent stumbles have left some questioning whether he is raid for prime time, can he survive he is recent alleged gaffes and what he needs to do. here a jamie winestein who a senior editor of the daily caller. you know cain's on ride from unknown to at or near the top, do you think it's been driven by policy or personality? >> i think it's largely, it's a mixture of both. certainly cain wins the test, which candidate would you like the nominees you would like to have a beer with. most repu

instead of growing corn, which we were watching being harvested this morning with steve king, we were growing cotton. when i was not attending school, i was helping on the farm, or over at mr. overton's place with the boy scouts -- boy scouts of america. my mother said that was where i needed to be. we had two churches there at paint creek. we had a baptist church and a methodist choice. -- baptist crch in a methodist church. you had a choice. pick one. that building that housed grades 1-12 -- it was a bit smaller than hickory high in hoosiers.] i am and product of those humble beginnings. i never associated happiness with what we had materially, but we were highly blessed spiritually. the fabric of my existence was family and faith and community. we were knit together by strong relationships with that abiding faith. if a neighbor became sick, the community pitched in to help raise the crops. i know that spirit is still alive and well right here in iowa. i was reminded of it a couple of months ago. they loaded hay to send to texas to help are renters or going to a tough time with the

. >> cancer got steve jobs. all the king's horses and all the king's men. >> it's a humbling thing. one of the things we have to talk about in life that there is death. and no doubt that once steve jobs got his diagnosis he knew the inevitability of this yet he had a very rare form of the disease that occurs in only 5% of the 43,000 cases of pancreatic cancer that occur every year. he was treated with surgery, followed up with a liver transplant and he survived a little more than seven years which is way against the odds of other people. a lot of people would say it was great medical treatment and he had a passion for work. it was a shock even though it was expected. >> dr. nancy snyderman, thank you as always. >> you bet, brian. >>> when we come back after a break, the woman whose words changed the american work place two decades ago. we'll show you what she had to say today. >>> we got a rare glimpse of congresswoman gabrielle giffords today. a smiling, happy congresswoman at a navy retirement ceremony in d.c. for her husband, former nasa astronaut mark kelly. this was hosted by v

. >> cancer got steve jobs. all the king's horses and all the king's men. >> it's a humbling thing. one of the things we have to talk about in life that there is death. and no doubt that once steve jobs got his diagnosis he knew the inevitability of this yet he had a very rare form of the disease that occurs in only 5% of the 43,000 cases of pancreatic cancer that occur every year. he was treated with surgery, followed up with a liver transplant and he survived a little more than seven years which is way against the odds of other people. a lot of people would say it was great medical treatment and he had a passion for work. it was a shock even though it was expected. >> dr. nancy snyderman, thank you as always. >>> when we come back after a break, the woman whose words changed the american work place two decades ago. we'll show you what she had to say today. i know you're worried about making your savings last and having enough income when you retire. that's why i'm here. to help come up with a plan and get you on the right path. i have more than a thousand fidelity experts working

. >> cancer got steve jobs. all the king's horses and all the king's men. >> it's a humbling thing. one of the things we have to talk about in life that there is death. and no doubt that once steve jobs got his diagnosis he knew the inevitability of this yet he had a very rare form of the disease that occurs in only 5% of the 43,000 cases of ery year.c cancer that occur he was treated with surgery, followed up with a liver transplant and he survived a little more than seven years which is way against the odds of other people. a lot of people would say it was great medical treatment and he had a passion for work. it was a shock even though it was expected. >> dr. nancy snyderman, thank you as always. >> you bet, brian. >>> when we come back after a break, the woman whose words changed the american work place two decades ago. we'll show you what she had to say today. place two decades ago. we'll show you what she had to say today. i know you're worried about making your savings last and having enough income when you retire. that's why i'm here. to help come up with a plan and get you

instead of growing corn, which we were watching being harvested this morning with steve king, we were growing cotton. when i was not attending school, i was helping on the farm, or over at mr. overton's place with the boy scouts -- boy scouts of america. my mother said that was where i needed to be. we had two churches there at paint creek. we had a baptist church and a methodist choice. -- baptist church in a methodist church. you had a choice. pick one. that building that housed grades 1-12 -- it was a bit smaller than hickory high in hoosiers.] i am and product of those humble beginnings. i never associated happiness with what we had materially, but we were highly blessed spiritually. the fabric of my existence was family and faith and community. we were knit together by strong relationships with that abiding faith. if a neighbor became sick, the community pitched in to help raise the crops. i know that spirit is still alive and well right here in iowa. i was reminded of it a couple of months ago. they loaded up hay to send to texas to help are renters or going to a tough time with

steve, thank you for being a mentor and a friend. thanks for showing that what you build can change the world. >>> an iconic american brand. but his innovations are beloved around the world. this is the scene outside an apple store in tokyo today. the vigil there is growing by the hour. there's a candlelight vigil in the evening there. >>> jobs bought pixar from george lucas for $10 million. the company went on to make billions with hits like "toy story." pixar was eventually bought by our parent company, disney. ceo bob iger talks about his memories. >> we talk about steve and all of his accomplishments. but he was just getting started. his ideas were so plentiful and so constant. and he was not only youthful but just at the beginning, as i see it. not nearly close to the end. and he also had an uncanny way of always expecting the impossible to become possible. i have never seen anyone as dedicated to turning dreams and big ideas into actuality, into reality. he was amazing that way. >> amazing, for sure. that was disney ceo, bob ig

jobs. >> here's jane king. >>> good morning. hard to believe apple's board once fired steve jobs. hard to believe the mastermind behind mac, iphone, ipads and. -- >> i had light a candle, something. >> reporter: from his first tv appearance to his last days he started apple in his parents garage in 1976 captured the attention of fans and frenamies including google's eric schmidt. >> apple has been written off allegedly near bankruptcy when steve came in, imagine fighting against those odds as an executive, as a leader, as a person. look at what he achieved in that he period? >> investors keeping an eye on apple after the death of steve jobs. analysts predicting sales will soar through a record 100 billions this fiscal year. the future of apple beyond that may depend on the success of icloud and continuing growth in china and popularity of smartphones powered by google. apple shares closed higher yesterday ahead of the announcement of the death of this american visionary. i'm jane king with the bloomberg business report >>> sad e

saturday he and congressman steve king went pheasant hunting. and king he is an endorsement is considered important, and king is close friends with presidential hopeful michele bachmann. you want one more hunting for a big endorsement. check out herman cain with the iowa cyclone, and tweeted this pick. don't our smiles look similar. >> and the big game there of course and that's why this. >> iowa-iowa state and homecoming weekend and talk about iowa weekend as a big thing and today it's worth noting. yesterday, rick perry went hunting with king, and today rick santorum. we need gunshot sounds on that, can we work on that? i want to see michele bachmann pheasant hunting and see if she bagged any birds. >> dave: and we know that rick perry likes to hunt. and heated rhetoric the past couple of weeks between rick perry and mitt romney. don't appear to be the best of friends, do they? remember that time mitt romney put his hand on rick perry's shoulder in that debate i thought there might be blows, but if you listen to what mitt romney is saying on s

. >> i'm dana king. first apple's cofounder steve jobs has died that word from apple less than two-hours ago. he was 56-year-old old and his battling cancer since 2004. in 2009, he had a liver transplant. just last january, he took a third leave of absence when his health problems returned. jobs resign as ceo of apple six weeks ago saying that he was unable to fulfill the duties of the job. but he remained chairman and handed over the job to tim cook. mark sayre is at apple headquarters in cupertino with more on the death of steve jobs. mark. >> reporter: the flags are flying at half-staff at apple headquarters in cupertino. from what we can see here

steve kingston, bbc news. washington. >> that memorial to martin luther king. still to come, we look at how china and india struggled with high food prices despite economic growth. how countries can cope with such inflation. just as in italy, as we reported earlier, there will be protests in spain over the impact of the economic crisis. in fact, such demonstrations are taking place in 45 countries this weekend. in spain, the biggest margins expected in madrid. >> getting ready for a revolution. these are some of spain's indignant, planning their biggest protests yet. many are young, unemployed, and fear for the future. they say politicians are removed from the people and the banks have too much power and they want change. believe the world should be this way. >> we are supporting the same things and we are united together. >> it all began here in spain when tens of thousands took to the streets. this outpouring of frustration has inspired similar scenes from brussels to wall street ever since. in madrid, the rallies became a huge protest camp. it is where i fir

one of the people on the original mac team, however, said, you know, steve would make an excellent king of france. i think that's different than making an excellent president of the united states. you know, one of my last meetings with steve, he said, you know, i just wish obama would be a stronger leader by being willing to tick people off and get them angry. well, that's easy to do when you're the king of france. but when you're the president in a democracy, in a divided government, you can't just order and lead by fiat. and this is -- this is why steve jobs ended up supporting and wanted to makeads for obama. he believes in obama. but he just believes that his differ identified government was so frustrating for him. >> i also -- he had clarity of vision, which i think was critically important. he had a big, bold idea, and he was willing to sail against the wind to get that done. i remember meeting this new ceo of ibm right after the first mac came out, we had one in our house, and i said, what do you think of that? and he said, oh, not going anywhere. my wife writes some invitations

representative steve king. [applause] >> thank you all very, very much. that is a wonderful welcome. it's a fantastic privilege to have an opportunity to be here today in any capacity. already in just walking around the hotel, you have recharged my faith and belief in america. the things that have made this a great, great country also. i have been asked to speak about the marriage issue and jew additional retention in iowa. i would start out this way, and that is that marriage is -- first of all, it is a sacred relationship. it is established by god. [applause] all of our human experience points to marriage as being the essential foundation stone to civilization. we pour through marriage all of our values. a man and woman joined together in holy matrimony put together with them the values of their faith, the cultural values, the religious ethic, work ethic, cultural ethic, the foods we eat and the things we do for recreation, all of the things we found most precious that championship from their parents they do their best through marriage to pour through t