lou: and chow said he was aware of the mackenzie report, and he participated in it. he suggested high should be not health account able? >> we know, it was in washington post today, this morning, he said he had not seen it. he testified, you know you wonder, what the people are doing. they spend hundreds of millions over 500 million of taxpayer money to develop a site that does not work, and millions are getting canceled. president out there on campaign trail, time and again saying, if you like what you have, you can keep it, there are reports that we've uncovered going back to 2010 where president knew that people were not be able to keep their healthcare they liked. so you know this is sad when the american people can no longer trust the president. lou: well, the bureaucracy whether it is at fault or political appointees of this president. mackenzie points ought there was not enough ern personal comp -- internal competency to take on this. >> in the mckend mackenzie repo, which i reviewed it basically described chaos within the obama administration, nobody is in ch

you know has mackenzie had more hits than misses in terms of those that they've been advising we know they were at the helm of enron g.m. another pretty epic fail it's. absolutely you know they they were around when g.m. sort of ran into a wall in the eighty's and ron was mckinsey was on the scene jeff skilling was ex mckinsey swissair they gave some particularly dubious advice to which led to its bankruptcy but. these guys have eighty five percent of their businesses repeat business so they clearly have some happy customers and they're pretty much in the in the corner offices of the majority of and the big companies in the economy of the world these guys are literally everywhere now there is notoriously secretive mckinsey as a company how are you able to gain access to such a company. you know one interesting thing about their secrecy is that as a reporter it's it's often hard to get people to say negative things about a subject you're writing about just for fear of reprisal or the fact that people just don't like to be quoted saying negative things about anybody with mckinsey it was

you know interestingly enough the iran mackenzie for nine years so it was it was a fairly mortifying experience for them but specifics of his particular crimes had nothing to do with mckinsey he had retired from mckinsey he was selling information to roger or was even selling giving information to rajaratnam from his seat on the board of goldman so mckinsey was just sort of in his bio it had nothing to do with that case what's more interesting is another person who was giving roger information was a neil kumar who happened to be a partner at mckinsey at the time and the fascinating thing about that is the fallout from that has been almost nothing as well i talked to a number of clients of mckinsey and they most of the c.e.o.'s of large companies have a certain amount of sympathy for problems like you know with they called the bad apple theory you know if you're if you're of a certain size and if you're successful enough you're going to have rogues on the payroll the only question is whether it's systemic or beyond and apparently their clients don't seem to think that it was a problem

lou: said to you into the committee, he was aware of the mackenzie report. yet he had never seen the report. >> you know, the "washington post" today this morning and said he still had not seen it. so, you know, you just wonder what these people doing. they spend hundreds ofillions, over 500 million in taxpayer money to develop a set that does not work. millions of people getting cancellation notices. the president on the campaign trail time and time again saying if you like you have you can keep it when there are no reports going back to 2010 wn the president clearly knew that people would not be able to keep their health care that they like to read it is really sad when the american people can no longer trust their president. lou: the bureaucracy, whether at fault or the political appointees of this president's, the mackenzie points out, there was not enough internal competency to take on a pject of this massive which should frighten american taxpayers as well, should it not? >> it absolutely should. in fact, in the kinsey report it basically describes cha

lou: said to you into the committee, he was aware of the mackenzie report. yet he had never seen the report. >> you know, the "washington post" today this morning and said he still had not seen it. so, you know, you just wonder what these people doing. they spend hundreds of million over 500 million in taxpayer money to develop a set that does not work. millions of people getting cancellation notices. the president on the campaign trail time and time again saying if you like you have you can keep it when there are no reports going back to 2010 when the president clearly knew that people would not be able to keep their health care that they like to read it is really sad when the american people can no longer trust their president. lou: the bureaucracy, whether at fault or the political appointees of this president's, the mackenzie points out, there was not enough internal competency to take on a project of this massive which should frighten american taxpayers as well, should it not? >> it absolutely should. in fact, in the kinsey report it basically describes

lou: said to you into the committee, he was aware of the mackenzie report. yet he had never seen the report. >> you know, the "washington post" today this morning and said he still had not seen it. so, you know, you just wonder what these people doing. they spend hundreds of millions, over 500 million in taxpayer money to develop a set that does not work. millions of people getting cancellation notices. the president on the campaign trail time and time again saying if you like you have you can keep it when there are no reports going back to 2010 when the president clearly knew that people would not be able to keep their health care that they like to read it is really sad when the american people can no longer trust their president. lou: the bureaucracy, whether at fault or the political appointees of this president's, the mackenzie points out, there was not enough internal competency to take on a project of this massive which should frighten american taxpayers as well, should it not? >> it absolutely should. in fact, in the kinsey report it basically describ

american business jeff thank you for being here with us today and i want to start off how what has mackenzie shaped american capitalism as we know it today. well they've been doing it for almost a century starting with the insight that launched them which was james because he was an accountant and he actually created the idea of budgeting as a management tool you know instead of just filing your numbers and paying your taxes looking at them and using it to plan resource allocation and that's how they got their start but these days they do everything from efficiency consulting which can involve layoffs to strategic consulting to i.t. consulting any question that the border management of a big company has about what should we do there's a good chance mckinsey is gets the call in there to help him figure it out now can you tell us a historically what are some of the most key moments mckinsey has had in shaping history. well one thing they did in the post-depression and post-war era even was to help large companies figure out how to just organize themselves it's called an m. form organizational

took place on october 1st, so the administration is admitting that, yes, because of that report by mackenzie and company, a management analysis of the system that they were aware of that information, however, they are insists at this point we're only seven weeks into what they say is a four-quarter rollout of this program. so they are saying, yes, we will have glitches and there are going to be obvious problems as the system is completely up and running. however, they say they were aware of that report and here is what kathleen sebelius had to say about that. >> action plans were put in place to address those issues and problems. clearly all of them, and particularly the timing for end to end testing was not sufficient. we have said that over and over again. a number of things that they identified in the march report as vulnerabilities clearly have worked extremely well like the hub. we did exactly what should have been in the middle of a build. and a management assessment of progress in place i think is an appropriate and prudent step to take. >> reporter: and from here in orlando, secretar

ktvu's bob mackenzie continues our look back at the worse mass murder and suicide in american history. >> there is no video tape of what was happening back at the compound. perhaps that's a blessing. but there is a sound recording of jim jones telling his flock it was time for them to die. >> i cannot live that way. i've lived for all and i die for all. lay down your burdens, and i will lay down my burdens down by the river bed. please forgod sake let's get on with it. we've lived like no other people have lived and loved. we've had as much of this world as we're going to get. let's just be done with it. let's be done with the agony of it. >> among those who got to record the catastrophe was tim jones, jim jones's son. 900 believers lay where they had fallen. their bodies swelling in the jungle heat. evidence would show that almost all of them had taken the poison. though it might never be known how many were forced to take it. several had been shot including jim jones. >> many were god loving people who wanted to help others, some were individuals who needed help from others. so it c

i want to bring in one of the girl scouts, 11-year-old mackenzie. are you having fun? >> yeah, i'm having so much fun. >> reporter: you are? and you decided to donate this coat today. why? >> yeah, i decide dodd donate my coat because i wanted kids who don't have coats to have coats for the winter. >> reporter: very sweet of you. you're encouraging others to come down. we have more than 800 coats that have been dropped off at the emeryville location. we've set a record today for one warm coat. more than 5000 coats turned in at our four drop-off sites around the bay area. we really appreciate that. these bins, one warm coat bins, they will be here throughout december. reporting live tonight, alex savidge, ktvu channel 2news. back to you, julie. >> alex, great numbers. for more information on one warm coat and a list of the drop-off locations, go to our website, ktvu.com. >>> a new ride sharing company is now the first to legally operate at san francisco international airport. relay rides allows bay area travelers to park for free at hotels near sfo and then rent out the

. >> mackenzie tweeted that dad is apparently a loving parent and the baby is having fun. i wouldn't call it deliberate abuse but i also wouldn't call it safe. >> thomas wrote there is nothing wrong with this. i did it with all of my kids and most of my grandkids, nieces and nephews. they all loved it. thanks to everyone who responded. >> thanks for responding. appreciate that. have a great day. >> if you're cooking tonight, a good thanksgiving eve. we'll see you tomorrow. >> absolutely. we're both working. "fox & friends" starts now. >> bye. >>> good morning. it is wednesday, november 27. as america gears up to give thanks, wicked weather and how it can impact you. >> forget about saving his signature legislation, the president has better things to do like go to hollywood. why he's catching up with his celebrity pals and his health care hangs in the balance for millions. >> we're just jealous. bon jovi, taylor swift, prince william singing. what? ♪ ♪

mackenzie is hired to come and present what the problems are and lay out a roadmap of these problems. i'm deeply concerned that this is something you knew existed but had not read. when were you first concerned that they would not be ready october 1? >> i never thought that. you made a comment about this not being a plane crash. >> you are referring to the e- mail exchange i had? clock's certainly it did not -- >> certainly it cannot say, everything is fine, congratulations team? you must've been aware of >>blems that existed in the i have been working on this since 2010. >> we appreciate that. caution on the side of in urgency because even back in 2010i did not believe that .verything would be easy on a regular basis i worked with a lot of my contractors and them on thesitize level of urgency. >> especially since mackenzie was pulled in to prepare this document, which was important enough for them to have meetings at cms, hhs, at the executive office building and at the white house. i appreciate your sensitivity and awareness. i am concerned that you said you have not even what -- ha

think that is particularly clear now as we get more and more evidence that there were signals from the mackenzie which report for the administration telling them that this was i was not available. now the white house on advises raising the red flag saying what, this does not look like it is ready for prime time. of course we all know the results. we on of the impacts. the president dealing with insurance commissioners, many of whom as many as i can count, 15 who have balked at implementing the president's suggestion of allowing people to sign back on to health insurance that they have already had canceled. here is what we're hearing today from these insurance commissioners, what they're saying, it creates a level of uncertainty. the president is asking, this according to the national association of -- association of insurance commissioners, the regulators, the people who know how this works. obama, what you would like to do to fix this problem makes everything far too uncertain. what do you think the impact is jack. >> absolutely right. not only uncertain, but essentially impossible. there is le

"washington post," a leak that ended up having a hearing, a document six months before the law from mackenzie and company, a private outside consultant warning of some of the problems with the website. the president was informed. he was briefed about this report. the white house has said time and time again and again today repeated in response, that no one could have anticipated the size and scope of what was to come in terms of the problems and glitches as they initially called them. the president earlier today in georgetown at a hotel, a forum sponsored by the "wall street journal," of course he was asked about the trowelled rollout. >> we probably underestimated the complexities of rolling out the website. there is a larger problem, that i probably speak personally but also as the administration could have identified earlier, and that is the way the federal government does procurement and it is just generally not very efficient. >> i talk about undermining the confidence in the public in the affordable care act not to mention the political support it has on capitol hill. the key to make it

one of the things mackenzie said was if your website is not working, the call centers can't get the stuff into the system. we found that out the hard way. they also said there is no single person in charge. this is a giant bureaucracy. you need a project manager. but the federal government said we can handle it. they couldn't. meanwhile it gets even worse. according to -- so that was that. they knew. they knew going back. how many times do we hear the president and his surrogates say if you like your plan, you can keep it? they have known for years that tens of millions of people would lose it. right now they're going it was only going to affect 5% of the country. right now there's a story starting on national review on-line. it says in 2010 inserted in the federal register was the fact that department of justice lawyers knew that perhaps up to 80 million americans, if you have not just individual health care policy on the individual market, but if you had it through your employer, you would probably lose your policy as well because your policy did not meet the strict standards of the aff

>>immy: next from the cowboys, weave mackenzy bernade. he was voted most likely to be storing nuts forhe winter. [ laughter ] a cute little chipmunk. and finally, from the saints, we have junior galette. he was voted most likely to be in a band call hootie and the bed fish. [ laughter ] [ cheers and applaus] there u guys go. those arnfl superlatives. we have a great show tonight. give it up for the roots! [ cheers andpplause ] ♪ wee a giant show tonig. she's e of my favorites. one of my favorites. a great actress. we're thrilledo have her. fromhe new movie "thor: the dark world," natalie ptman is here! [ cheers and applause ] natalie port moniker is here. >> steve: come on. >> jim: i love her. shis so cool. plus, he stars in the new movie "the best man holiday," taye diggs is opping in. [ cheers and applause wait, do you le taye diggs? and then here to cse out the show, one of my favorite comedians, i have en going on tour. i started this tr called the "clean cut comedy tour". i askemy friends if you ha like 20 minutes of clean material

>> mackenzie & company did a survey of employers and they predicted one-third of employers will probably or definitely drop their employer-based coverage after 2014, unquote. now, 156 million americans get their health insurance through employers. that could mean over 50 million people with radical readjustments to their health plans. of course some will get better plans, but an awful lot of people won't get better plans. >> was this supposed to happen? >> well, there's one thing the president should have apologized for that he didn't apologize for. i think this is part of his overall plan. this is from the service employees international union health care forum in 2007. he was run for president. quote, i don't think we're going to be able to eliminate employer coverage immediately. there's going to be potentially some transition process. i can envision a decade out or 15 years out or 20 years out. in other words, obama care wants to get rid of employer coverage because ultimately he wants everyone to go to the government exchanges. ultimately i think he does want single payer national h

role and on the other hand multiple reports of problems, people inside talking about the issues, even mackenzie and a report commissioned by the white house is saying, you know, this does not look good. what do you say? >> actually when you are reporting on this in the run-up to win the website launched, we were getting reports from plenty of other different outlets talking about how their work contractors this said there were issues. major problems and every time you ask the administration health and human services, are you on track, is everything going to be okay, can you confirm the report it will only say, we are on track for an eye to were first launched. i guess they were on track to launch the thing. just not work. gerri: you got that right. thank ou for britney to us. wow. it is not just obamacare. no deal in sight. lawmakers are always scheduled to work for two more weeks. the entire rest of the year. some in congress are sick of the bad rap, taking. one of the many reasons the latest fox news poll showing a whopping 10 percent of during for our governing body. well, one member of the

joining me is a co-author of that study, richard dobbs of the mackenzie global institute. also, dennis gartman who begs to differ. richard, you said the fed bond buying program has not led to u.s. stocks moving higher. how do you get there? >> well started off by thinking there would be an increase in valuation as a result of qe programs and interest rates. when we went through and looked at valuation levels of the stock market, we couldn't find any departure from long-term rates. so if you look at the pe ratios, price earnings to ratio, ratio to value of the stock to the earnings, or the market to book risch o ratio of companies, this is in line with the 50-year average. obviously, if you expected the quantitative easing programs to have boosted share prices, you would have expected pes to be up above that trend. but they don't seem to be. the stock market appreciation we've seen over the last few years has been because earnings have been growing and cash levels in companies have been growing. that's what's been driving it. >> dennis, you completely disagree with this. >>

just about every major company in america called mackenzie when they need to troubleshoot something. and in this case they did as well. on april 18 of last year, kathleen sebelius appears before your committee, right? that day she said egg will be okay. >> she said the website was moving on track, everything was on track. clearly from this report that is not the case. so we got very serious questions in terms of the kind of testimony. we'll be getting candid testimony from the secretary and others under her in that agency when we were asking those direct questions months ago. bill: here is a statement from the white house that may come up today on a screen from our viewers. nobody anticipated the size and scope of the problems we experienced since the site launched. since that day experts have been working night and day to get it functioning. nobody anticipated the size and scope of the problems we experience. does that fly? >> it doesn't look that way from the mckenzie report that clearly shows multiple major problems. they were making major changes all along the way and this is wha

the question that he was asking you folks were on this mackenzie document we spent so many time talking about tab one of the notebook. if you stlean report -- seen that report before? >> i'm familiar with the report. >> okay. >> no. >> and have you seen it? >> i have not. >> okay. so, the two of you -- any -- answers you were giving really just based on speculation since you haven't seen it involved with it; is that right? >> yes. >> that's correct. >> okay. so mr. olson was asking you about some of these recommendations inspect is from last spring. it was a snapshot on page 4 of that report. at the bottom where hef talking about evolving requirements multiple definition of success, et. cetera. the part he forgot mention, which of the part also, i noticed they forgot to mention when a previous witness of up the part in the box in at the bold type at the bottom of the current situation bullet which say cms has been working to mitigate challenges resulting from program characteristics. do you see that? >> i do. >> what does it mean to you? >> it means that recognize the risk and challenge

jeff bezos hasn't commented publicly about the tell-all but now his wife mackenzie bezos isn't holding back. titled "i wanted to like this book." a scathing 900-word writeup about brad stone "the everything store." her review slams the work as a lopsided and misleading portrait of people in culture at amazon. ms. bezos points to the beginning in which stone was inspired to launch amazon after reading kazuo ishiguro's "remains of the day." it's not true, bezos writes. jeff didn't read "remains of the day" until a year after he started amazon. >> he wanted to sell books over the internet. that was the start. exactly that. >> reporter: married for 20 years bezos has long been her numbered's number one fan. in an interview with charlie rose earlier this year she talked how amazon came to be. >> to me, charlie, i'm not a business person when i hear that, it's the passion and excitement. to me, watching your spouse, somebody you love have an adventure, what is better than that and being part of that. >> exactly. >> reporter: but as far as "the everything store" is concerned ms. bezos wrote i

the question that he was asking you folks were on this mackenzie document we spent so many time talking abo

>> right, i think the mackenzie thing is probably correct. what you're getting with quantitative easing is a stimulus today of some size. i think it's very uncertain. it's not really well identified in the literature. and then, a risk that down the road, if all of a sudden the economy lifts off, that you're going to have inflation pick up. and the thing that's happened so far is that the upside benefit has probably been a good bet, because the economy never took off. if all of a sudden, we're going 3.5%, 4%, they have to unwind fast, and they won't be able to do that. what they're buying is long-run inflation risks and exchanging an upside today for that, and it's a trade that guys like john taylor shouldn't make, but it's been a trade that we have. >> is leo j. martin still open, you play dpogolf over there -- >> you keep asking me about playing golf, you ask me about my golf. i don't actually play golf. >> you need to take it up. >> sorry. i need to take it up. yes, it is. >> you know where it is? >> yeah, i do. i pass by it. right. it's a