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tv   Sunday Morning Futures With Maria Bartiromo  FOX News  December 7, 2014 7:00am-8:01am PST

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♪ we had a great weekend here on "fox and friends weekend." thanks for spending it with us. >> i tuned for tomorrow's show which is unbelievably, if you miss it it's your loss. >> a good one. >> see ya. a new boss at the pentagon again. good morning everyone i'm maria bartiromo. welcome to "sunday morning futures." president obama taps ashton carter. i will ask john mccain set to become the next chairman of the senate arms services committee why defense secretaries never stay very long in this administration. how high can the stock market climb? will thereabout a sell off in 2015. a pioneer in the hedge fund industry is ahead. it's happening, gasoline prices have fallen below $2 a gallon in
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at least one major city. what's been a boon to our wallet kos be a stop to high paying jobs. our panel takes on the pros and cons of plus meting oil prices as we look ahead on "sunday morning futures." well last week just as president obama was announcing the nomination of ashton carter as his next defense secretary, i had the opportunity to speak with senator john mccain. we'll get to my exclusive interview with the senator in a moment but first who sashton carter? fox news senior correspondent joining us with us that angle. good morning to you, eric. >> good morning. forget facing vladimir putin or the iranians. the real challenge for ashton carter is standing up to valerie jarrett and susan rice. >> now, with a record of service that's spanned more than 30 years, as a public servant, as an adviser, as a scholar, ash is rightly regarded as one of our
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nation's foremost national security leaders. designee wasn't the first choice but ash carter said yes and mysterious give his two cents to the president straight. >> if confirmed in this job, i pledge to you my most candid, strategic advice. and i pledge also that you will receive equally candid military advice. >> carter is 60 years old. a rhodes scholar. yale graduate with degrees in civics and medevil history. a pentagon university he rose to the number two spot under leon panetta. he's seen as an unusual and unorthodox selection. he pushed back against america before facing america's enemies. the infighting and micromanaging
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of the administration's inner circle. former defense secretary robert gates complained about the white house interference just last month. >> i told the commanders you get a call from the white house, you tell them to go hell and call me. [ laughter ] [ applause ] >> with carter's nomination the resolving door at the pentagon may have stopped but the bigger questions are these. key roll back putin's aggression against ukraine. can he direct the final defeat of isis and the taliban. can he stop iran from having the ability to build a nuclear bomb. >> all the right questions. thank you. now to my interview with senator john mccain. earlier while i was traveling i asked the senator about the president's choosing ash carter. >> also i hope that ash carter,
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unfortunately, like his three predecessors in this six year period understands that he has no influence on the overall strategic decisions or tactical decisions that generally the secretary of defense is made part of. former secretary panetta and former secretary of gates and now you'll see now secretary hagel have been very, very strident in their dissatisfaction of being excluded from the decision-making process. it's in the hands of three or four people in the white house and the result has been disastrous, in my opinion. >> well, senator, i mean you make really the right point. this will be the fourth defense secretary in six years. we know there were others who this job who actually said no, i don't want the job.
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why has it been so difficult for this administration to have a defense secretary in place for a sustained period? >> look, when you have the job of secretary of defense and managing the armed forces of the united states of america and being at the top of that pyramid you expect to be included in the decision-making process that affects them. and their use. and their mission. and i can assure you i was on a panel with former secretary gates and former secretary panetta, both whom in many different venues have expressed their extreme frustration. we have people in the white house, just a handful of people who have no military experience, no background whatsoever. their only credential is that they are close to the president of the united states. frankly in all my years of public service i've never seen an arrangement this exclusive with one exception. and that was during the vietnam war when targeting was actually taking place, the picking of
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targets in vietnam were actually taking place in the oval office. this is really almost that bad. >> let me move on to some of the job that will be in front of him. now secretary of state john kerry said in brussels this week that the u.s.'s efforts to destroy isis had begun to take effect in terms of degrading isis both in syria and iraq. do you agree with that? >> of course not. i'm sure there have been some slight gains. the fight over kobani goes on with a full, what could be, it's not, could be the full weight of american air power. isis still controls a significant part of it. there's a little bit of back and forth. but there's no strategy, and therefore, there's sort of a hit or miss decisions made on the fly because there's no cohesive or coherent strategy to defeat
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isis. they are treating isis as two different war, one in syria and one in iraq. i guarantee you isis doesn't treat it that way. >> the president don't adamant in terms of saying no boots on the ground, in terms of destroying isis. will this be effective or will we eventually see boots on the ground? >> well, we've already seen boots on the ground, as you know. they just refuse to call them combat troops because they are in combat areas. you know it's a charade. they will be having to put more in. this will be the same kind of gradualism as i recall vietnam, so there are boots on the ground. we need more. we have the world's powerful air force doing pin pricks against buildings on many occasions and that's because we have not got full air controllers on the
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ground to identify these target, one of the reasons why we haven't done better in kobani, for example. you know what's another thing that's morally unacceptable is we still refuse to provide defensive weapons to the ukrainians. this is after their country success dismembered by vladimir putin, his troops are there, he's going to move further south, and he may even move to the west while we refuse to give them weapons which to defend themselves. you know what i'm told why? they don't want to provoke vladimir putin. i'm not making that up. >> senator, that's exactly where i was going next. i do not understand and the public does not understand why we are sending things like blankets and food to the ukrainian army and military rather than arment? >> i'm told it's because they don't want to further provoke vladimir putin. the guy is dismembering the country. the guy's people are responsible
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for shooting down an airliner. does anybody talk from crimea any more? of course recent reports from the head of nato is that more troops and equipment from russia have moved in, into eastern ukraine as well. which, by the way, one of putin's goals is the collapsing of the ukrainian army and by controlling eastern ukraine, which is the industrial part of ukraine, he certainly puts enormous strain on ukrainian economy. so, to say to the ukrainians we're with you, the hundreds of thousands that gathered in the square in kiev that they wanted to be like the west, they wanted free of this kleptocacy and be governed by russians we've basically said no deal. blankets don't do well against
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tanks. >> what will you be doing in the new congress. >> first we'll have hearings. we need to repeal sequestration. we need a policy that drives the budget rather than budget that drives policy. then we'll be going after this unacceptable waste and mismanagement in the pentagon and the bloated bureaucracy there. we'll also be doing what is necessary to bring these issues to the forefront and use legislation. i'll be working closely with senator corker, the foreign relations committee and senator burr who is chairman of the intelligence committee. we'll all work together. we'll see if we can't force some of these policy changes that would make america strong and viable again and emerge from the position of the greatest we ese weakness that i've seen in my lifetime. >> stay with us.
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still ahead i'll ask senator mccain about the budget deadline and will there be a government shutdown. our panel is ahead. stay with us. let us know what you would like to hear from the panel as we look ahead on "sunday morning futures." this tylenol arthritis lasts 8 hours but aleve can last 12 hours. and aleve is proven to work better on pain than tylenol arthritis. so why am i still thinking about this? how are ya? good. aleve. proven better on pain.
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welcome back. more now with senator john mccain. i asked him about the congressional budget deadline this upcoming thursday. >> on the budget issue i think we'll have a continuing resolution, everything but the homeland security part will be well into next year. what the agenda and i'm pretty well most of us are in agreement, show we can govern, pass legislation that reaches the president's desk even if he wes to it. for example, small example immediately we can do the xl
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pipeline, tax reform, we can do a lot of things working together because if we can show the american people we can govern, then i think we can elect a president in 2016 that's republican. >> so, is a government shutdown then off the table? >> as far as i'm concerned it's off the table. last time we turned away 600,000 visitors from our national parks, just one of the bad results from it. no. we cannot shut down the government. but we can rifle shot certain appropriations bills and that's the best way to approach it. we can do that. and there are many ways we can do that. under harry reid we never took up an appropriations bill. under mitch mcconnell and john boehner we'll take up individual appropriations bills and rifle shot some of these programs and try to clean it up. >> but the truth sue need a willing partner. you just mentioned the xl pipeline. what if the president vetoes it.
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>> well, then over time we'll succeed there because there are a number of democrats that are also aligned with us. look this president can only veto so many times. and incredibly to me, unlike his predecessors who lost the mid-term election in their second term and i go all the way back to ronald reagan who was afflicted with the iran/contra scandal and fired everybody including his chief of staff and bill clinton after we regained the majority and gingrich sat down and negotiated with him, the president is talk about the two third of the people who didn't vote. his reaction still puzzles me. not puzzles me but frustrates me. >> senator, the house passed the bill to limit the president's immigration executive order. how does that play out? what does that mean in terms of funding decisions? >> in the short term until next january not at all.
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then i think -- i think this was largely -- and i think the sponsors of the bill will tell you this was largely a protest vote to show the displeasure of a the majority of the house of representatives including some democrats on this unconstitutional act that the president just carried out. but then we're going to sit down together in january and say, okay, how do we address this issue. how do we do it in the right way. let me give you one example. in 2008 in the name of the problem of human trafficking, we said those three countries where these children come from that anybody who can get to the united states then is eligible for immediate legal help. unlike if a child from mexico comes, okay. we need to change that law so that we can expand our consulates there and if they have a reason for asylum go to our consulate there. don't show up on our border. there's a number of things we can do which can rifle shot and maybe one by one rather than
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trying to just roll back the president's executive order. >> tell us what the implications are of the president's executive action. >> well, first of all, he poisoned the well. if the president had been really serious about working with congress on immigration reform, he knew that this latest election expands speaker boehner's number of people. and i think there by giving him more latitude to act on immigration reform. why not wait two or three months and see if congress acts. >> which is why senator jeff sessions accused the president of trying to implement executive amnesty before the american people actually figure out the consequences. >> i think that he's right. and i believe that the president, again, if he had common sense would have had him wait several months. for political reasons he waited until after the election. so, all i can say is it's all
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got to do with the president's attitude since the election. and that is different from every other president that i have served with in their second term, mid-term elections which have been defeats. and that is all his predecessors in face of the defeats have admitted it and reached out. this president has gone on television to talk about the two thirds of the people that didn't vote. i don't get it. >> it's extraordinary. senator always wonderful to have you on this program. thanks very much. >> thank you. and up next what looked like a blow-out jobs number friday triggering yet another record high for the stock market. a legend in the business on how you should be investing now as we look ahead on "sunday morning futures." that's next. kid: hey dad, who was that man? dad: he's our broker. he helps looks after all our money. kid: do you pay him? dad: of course.
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kid: how much? dad: i don't know exactly. kid: what if you're not happy? does he have to pay you back? dad: nope. kid: why not? dad: it doesn't work that way. kid: why not? vo: are you asking enough questions about the way your wealth is managed? wealth management at charles schwab
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welcome back. the stock market continues hovering near all time highs with major averages continuing to see new money coming in to the market. joining us right now is a legend in the business to talk more about the stock market, investing and the broad economic landscape. he's julian robertson, founder of tiger management. julian, it's wonderful to have you on the program. >> great to be here. >> let me get your take, first off about the political situation. we've got new hires coming in in washington and a new congress taking over in january. what do you think the impact will be? >> i think the impact will be good. i think we need some little lift in washington. i think we are not really trying to solve our problems. i think you and i could sit down
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and in five minutes solve social security. after all, any psychiatrist will tell you that the people are happiest are those who continue to work later in life. what am i doing? and it's true. so all you have to do is expand it a little and you probably have to say, okay, mr. president, you -- julian and i are not going to expect to be socially insecure and so we won't expect, you know, social security payments and they will go to some people who need it. >> you have been really investing in a number of growth companies, technology names like apple. apple has certainly dominated. what's so exciting about apple? >> i think the relative price of apple. i mean apple is priced as a pedestrian market value company and i think it's much more than that. and i think google is.
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and i think netflix is. and i think there are companies in buy technology is. i mean apple is below market multiples. kind of ridiculous. >> when you say below market multiples it's not trading at a high level relative to its earnings potential. >> exactly. >> when you see growth bumping along you're finding growth in technology. >> exactly. >> in bitech. >> that's correct. i sort of put them together with an apple, with a google. i mean i think gilliad is, you know -- i really think my
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grandchildren are going to live some of them to 135 or even 150. i mean healthfully and happily to those ages. and that's going to be due in large part to companies like gilliad and other ones. >> it's interesting you say that. i was talking to greg venter who mapped the genome and said in the next ten years we'll be living into the second century. this is what you're investing in, longevity. >> that's right. i think longevity is a very interesting thing. >> dow jones industrial average is nearing all time highs. does it worry you that things are getting extended? >> it does because i don't think we have much of an anchor to windward.
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i think right now stocks are inflated because bonds are so terribly expensive that people have been forced into the stock market and, therefore, stocks are now getting very richly priced. the strange part is that it's going somewhere other than these really great technology companies in years gone by would have sold at much higher multiples. >> what's your take on the federal reserve? do you think interest rates start moving higher in 2015? >> yes. i do think they will. i think the federal reserve will tighten a little bit and i don't think rates will go up for a while big, but i think they will go a little bit. nine 2015? >> yeah. >> will that be a head wind for the stock market?
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if you have an alternative -- >> that's the only thing where you can say the market is cheap is in relation to interest rates. and it's really used -- wildly cheap on that basis. but the interest rate thing is all artificial done by the government. >> right. so, in terms of the market going into 2015 would you start peeling back then? >> yes. >> you think we'll see a selloff. >> yes. i think we'll see eventually some sort of selloff. and i think, you know, the poor old hedge fund which itself are lately may do very well in that kind of an environment. >> really. julian great to have you on the show today. >> thank you, maria. i enjoyed being with you always. >> julian robert city of pittsburgh is founder of tiger management. and remember drill baby drill these low gas, gas prices we're all enjoying could put a cork in all of that.
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our panel starts there as we look ahead this morning on "sunday morning futures."
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from america's news headquarters, here are some of the stories making headlines at this hour. republicans picking up their ninth cincinnati seat last night
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for a tot jacksonville 54. congressman bill cassidy defeating mary landrieu in the bitter runoff in louisiana. the victory gives republicans a clean sweep of the deep south. senator-elect cassidy is calling his point an exclamation point on mid-term elections that put republicans in charge of the senate. six guantanamo detainees being sent to uruguay as refugees. the deal had been delayed for months by security concerns. the six men with suspected ties to al qaeda have been locked up for 12 years. they are the first to in transferred to south america. fewer than 140 prisoners are still there. 67 of those have already been cleared for release. i'll be back with arthur nevell at noon for "sunday housecall." now back to "sunday morning futures" with maria.
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thank you, eric. gasoline prices have fallen below $2 a gallon in at least one u.s. city. take a look at this. check out oklahoma city. look at these prices in other places as well. spending less at the pump essentially acts like a wage hike for many american families. but we want to tell you there are down sides as well. remember drill baby drill but gas permits have tumbled 20% in the month of november and could lead to job cuts. let's bring in our panel on this. ed rollins has been a long time strategist to business and political leaders and a fox news political analyst. judith miller, a pulitzer prize winning journalist. and alphon, a former senator
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from new york. i want to read you something about the decline in oil. decline in gasoline is a great thing going into holidays because it's putting more money in our markets. the plunging price of oil has sparked a drop of almost 40% in newell permits issued across the u.s. this is a sudden pause in the growth, the shale revolution we have been talking about. your concerned? >> i'm concerned. first good ingenuous have and help jump start the economy both here and across the world but there's do you know siwn sides. equally important what i worry about is a great number of new cars being bought because of the new economy. people have a tendency to buy bigger cars, suvs and what have you, once you buy a new car you'll be in there three or four years. equally as important, judy will cover these points but i worry about the world, the places like
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that import like nigeria, egypt, iraq, their price will be down and iraq needs money. >> and iran element. >> absolutely. the poorer opec nations that produce and export and depend on this revenue totally do not like oil at this price at all. neither do -- >> how about russia? >> exactly. they depend on it. on the other hand, the haves within opec that is saudi arabia understands that if it can keep the price low enough it may dent the american shale explosion in the revolution. that's their goal. on the other hand, saudis too may not like us, or trust us, but they need us and they too are fighting iran and they know they can't do that alone. so they are very, very ambivalent about america and even about oil prices. they put a couple of major capital projects on hold but
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they got a cushion. they can with stand this. is not sure iraq, not so sure iran. >> it's interesting isn't it true, senator as oil prices get lower and america becomes energy independent that changes our relationships with some of these guys. >> absolutely. in the fullness of time this is a great plus, energy independence, more independence on our part. there are some as judy and ed have pointed out, some pitfalls that may, some bumps that will hit along the road. if you look at the totality of it a great win for america. you know it's interesting because it was romney, if we remember, in the last campaign who talked about the energy independence that we could achieve and what it would do for the economy. the guy was really well ahead. he was thinking. he was seeing what is taking place. so there will be some bumps but let me tell you ate terrific thing to have. so we're not held black mailed
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by some little arabic states and some other states who use their power disproportionately. >> absolutely. 100%. in terms of the economy broadly speaking we had a pretty good jobs number on friday but people are poking holes in it again. >> i think reality, this is a good number, the kind of number we'll see for the foreseeable future, energy prices may alter that slightly. you know, i think the big issue is the wages. we're just not getting good paying jobs and people at this point are grabbing anything they can get, they are solid, they want to stay there and i think that's a positive. but long term we still got a ways to go. >> wages won't move until growth moves and we're not moving the needle in terms of growth. >> that's true. barack obama is very happy about these numbers. this has been very little good news anywhere. but what he has done is he can look back and say it was the stimulus that got us to where we are today. >> not the federal reserve? >> well, the federal reserve
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will now have, to as you know, maria, and you have been warning us will have to re-examine this issue whether we'll continue to do this stimulus and whether they will move ahead their program to go down zero in march. >> if you get a good tax program you can begin to move this economy and at least we're going to have some hope in the future that we get a congress that recognizes this and isn't going to play to the left wing to the haves and this economic redistribution that this administration has been all about. >> absolutely. i want to get your take on the new congress. on 2006 and on that john mccain interview so stay with us. we want to get a look at the top of the hour on "mediabuzz." howie good morning. >> we're looking at this journalistic train wreck of a rolling stone article that alleged a brutal gang rape at the university of virginia. how was this piece publish preponderance of the evidence why did the reporters and editors geditor
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s agree not to contact the men who were audiotape accused. and changing their policy statement from identifying the woman to say no we can't blame jackie these were our mistakes. story is not over. >> the victim said don't check with the accuser. >> her friends now say she changed her story, first she said there were five then seven. more digging before publishing charges of this magnitude. hard to understand why rolling stone didn't do that before putting this into print. >> we'll see you in 20 minutes. defense nominee ashton carter walking into a busy job. the fight against isis, the pentagon's latest announcement that we'll be keeping additional troops, bringing the total to nearly 11,000 in afghanistan after the draw down at the end of this month. our panel tackles that next as
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we look ahead on "sunday morning futures."
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welcome back. we're back with our panel looking at the job the new defense secretary will be stepping into. as senator john mccain just said, it's not necessarily about the defense secretary, but about the push back they have been getting from the white house. this is the fourth defense secretary in six years, ed. >> this is a real grown up. this is like equivalent of gates. he knows the department. he's supported by the generals. he'll come up with a clear policy and the white house will either push it aside but there will be a clarity no infighting in the defense department. i think it's a superb choice. >> you like him. >> great choice. >> ditto. i've known him a long time. a mathematician whose very creative and worked hard on what
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he called the future threats as well as numbers at the pentagon. what i'm looking for is a good partnership with senator john mccain whom you had on the show here because he is nonpartisan and he wants to do what's right for the country and that means doing something about senator mccain's issue of sequestration. >> he's a policy wonk. he understands. no doubt about it. is the white house going to change? no. is valerie jarrett, the chicago mystery who is running the country, is she going to change? is she going to have less power? is susan rice, the defender of things that she knows are untrue and susan rice and valerie jarrett are there and if their power is diminished maybe he has a shot. but i don't think it's going to be. >> the important issue though here is john mccain who has more power than he's ever had before a friend of your, a friend of mine, john has an ally now and
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critical battle here is the next two years to lay out a blueprint how do we get out of sequester, long range plan of the defense of this country and this guy is capable ever doing it. they may not like it but at the end of the day it will be for the american people. >> i agree with you. let's look at the real thing. isis, john was talking about. you won't beat them unless you put troops on the ground. that's where we're at. we're holding them off but to have victory, to achieve it, to get out there was because the longer we stay and the longer this continues it's not good for us. >> i'm not even sure holding them off. the moment we pull out, this week al qaeda group got in there and to a certain extent -- we can bomb the pickup trucks going up and down the highway. >> defense secretary after defense secretary has said we need boots on the ground and the fact is as senator mccain said we have boots on the ground but they don't want to call them combat boots. >> chuck hagel was pushed out
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because he didn't go along with them. he couldn't. because you can't defend a policy which was a losing policy. pull the troops out of iraq. keep maliki in. they should have gotten that son of a gun a long time ago. there's no one at the white house who has the guts. it's all politics and politics geared to the left wing. maybe after they took this shellacking they will change a bit. >> listen to his rhetoric, how he's talking. he's talking about getting his plans through regardless. >> remember who writes his speeches and remember who gives him all of his mo. who does it come from? valerie, his creator. >> the president may be doubling down on these policies but somebody like ash carter who is number four i don't think the president can tolerate a number five. that gives ash carter and people who think the way you do and domes do can exert more
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influence we hope. >> we have to talk about 2016 in my interview with john mccain the senator saying if republicans can show the american people they can govern they can elect a president in 2016. i'll get the panel's reaction to that as we look ahead on "sunday morning futures." hi, i just signed up for your credit report site and i have a problem. i need to speak with your fraud resolution department. ugh, we don't have that. what should i tell him? just make that super annoying modem noise... (shuuuuuuuh....zzzzzzzz...de ee...dong...shuuuhh...) hello? not all credit report sites are equal. classic. experian.com members get personalized help plus fraud resolution support. join now at experian.com. with enrollment in experian credit tracker.
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ght, so this tylenol arthritis lasts 8 hours but aleve can last 12 hours. and aleve is proven to work better on pain than tylenol arthritis. so why am i still thinking about this? how are ya? good. aleve. proven better on pain.
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plus enjoy special savings when you purchase any new verizon wireless smartphone or tablet from comcast. visit comcast.com/wireless to learn more. and we are back with our panel. john mccain just said a moment ago, if the republicans can show the country they can govern in the next two years, they can choose a presidential person for 2016. your thoughts on that, senator? >> it's going to be tough to win in 2016, even if we do a fantastic job. why? >> you know who the person is
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that the democrats are going to run. hillary. >> make no mistake about it. they're talking about elizabeth warren and this one and that one. that's all baloney. they've lined up billions. that's the nature of it. >> and you think she's a shoe in? >> for the nomination. what can we do, though, for the country. and if we show people we're thinking about the country and not this partisan politics, maybe we can do something. lower the corporate tax rates, for god's sakes. >> the president may veto. let him veto it. i think you can put together a package that you can lower it, corporate america, repatriate hundreds of billions of dollars. bring it back here. you want to create jobs and see to it that it's invested within a certain period of time. you then have money to rebuild the infrastructure of this country without raising taxes. it makes sense.
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>> the president doesn't want to do it. >> guess what? take him on. that is the battle you can win public relationwide with the right and with the left with putting people to work. you can get union toes support you. >> senator, but that depends on having a coherent republican message and that depends, as we've spoken of so often in this show mitch mcconnell and john boehner holding the troops in line and saying, no, we're not going to shut down the government and be blamed for it this time. if they can do that. and i think the jury is out on that. >> i think it's gotten tougher. i have to disagree with you, neither. i'm not so sure hillary is a shoo-in. >> for the nomination, slees a hie shoo-in. >> can republicans make the congress work? there's two things they need to do. they need not to be the anti-obama party. they need to be the pro
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republican. that is an mcplan and a defense plan. the sidebar to all that is 20 candidates running for president and that starts in january or february of this year. >> good point. >> are they going to destroy each other in that process, while no matter how stable you may be on the big picture, if both sides are unstable, you don't have a congress that's working and you don't have candidates that seem to be, then the democrats win. >> which is what happens last time. is it tax reform, is it the xl pipeline? >>. >> i think the xb pipeline could have been done months .months ago. i think the whiteout willive gu a 25% corporate tax rate, but the point you made earlier during the break is small business, the backbone of this country has to have an alternative way of doing it. that has to alter. >> who is the gop candidate, in your view, going up against
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hillary? >> anybody's guess. it's wide open. jeb bush, i think, would be a very strong candidate in the general. can he get through a primary with a lot of the right wingers attacking him? i think it's very tough. so it's a jump ball. and let me tell you, rand paul, is wieettely building a machine out there with his independents, his libertarian streak. he'll be a contender. >> we'll quick, does the public want jeb bush? >> that's all they know. >> jeb bush will be a strong candidate, but so well several others. the problem is we have too many candidates. it's going to be a knock down, drag out fight. >> still to come, the one thing to watch for in the week ahead on sunday morning futures you know, i think about
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money kind of a lot. -money's freedom. -money's always on my mind. credit cards. -mortgage. -debt. it's complicated. it's not easy. i'm not a good budgeter. unfortunately, i'm a spender. i would love to learn more about finances. so there's questions about the world that all of us have, especially about money and finance. the goal of khan academy and better money habits and the partnership we're doing with bank of america is to give people the tools they need to empower themselves.
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. welcome back. what is the one thing to watch for the week ahead? >> i'm watching president xi in china basically abut corruption charges against the security chief, unheard of. he -- the import of oil. and they just exceeded the u.s. in terms of being the largest economy. judy, your one thing? >> i'm watching diane feinsteine because she wants to get her hand on all the bad things that the cia did. she's been warned by the intelligent community that that would be bat ford country, bad for us overseas, but she still wants to do it. >> senator? >> i'm worried about putin, because this could be catastrophic. it could be another kind of confrontation that we don't need. >> and he's going to india
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strengthening his ties further. this is the beginning of the gop telling us they can govern, no government shutdown. that will do it for sunday morning futures. thanks for being here. have a great sunday. on the buzz meader this sunday, a rolling stones story, alleging a gang rape at the university of virginia falls apart as new reporting underlines the account of the accuser. even her friends question the acuter. how does this shoddy piece ever get published? from ferguson to statton island, the media pounce on another death of a black man in a confrontation of police. but this time, there was video and this time many analysts on the right as well as the left are appalled. >> there's thought to have been an indictment and it ought to have been an indictment for some form of man slaughter. >> and where

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