Our product infrastructure for mobile testing suites. Well continue to make those investments in the growth of the core business for the foreseeable future. Were investing for the long term. We think this is a longterm company, a company that for which there is a fantastic use case for every person on the planet. Julia boorstin joins us now from san francisco. Julia, it was a great interview. Now, walk us through whats happening with the ipo as of right now. Well, abby, as you mentioned, twitters only been publicly traded for a couple of hours, but its already had a massive run. It opened over 70 higher from where it was priced last night at 26 per share. Now its trading in the mid40s. At one point soon after it started trading, it even hit 50 a share. Now, its worth keeping in mind that that 50 or that 46, thats up from an already raised pricing range. The stock keeps on getting pushed up and up. Twitters current evaluation is bigger than 337 companies in the s p 500. Its also bigger than another social media giant. Linkedin is roughly a 25 billion market cap. Unlieke linkedin, twitter is no yet profitable. That means all these investors arent buying share from the current company. Right now the company has generated but theyre not buying it because of that, rather because of its future potential profits and that promise of growth. Now, he really stressed the fact that the company is not profitable by design. Right now its in a phase of really investing to improve its product, to expand its International Business and to start generating more revenue internationally and also to bring for content like video clips to the service. Theyve made some big deals with cbs and then nfl. The idea is the more premium content like that they have on the service, the more valuable it will be for users and the more ads it will be able to show and more revenue down the line. All right, julia. Great to see you. Thanks so much. For more on twitter in 140 characters or less is Business Insider josh barrow. Im joking about the 140 characters. Thats only for ari. Im up for a challenge. We know you are. But seriously, we need you to fill more time. Twitters ipo has seen a huge price hike. Some might call that doing business in the open market. Others are a bit more skeptical, including yourself. This is what you tweeted when an ipo is drastically mispriced like this, why dont the Investment Bankers involved in the pricing all get fired . Josh, whats going on here . Well, so the twitter ipo is priced at 26 a share, which is the price the insiders who got early access to the shares paid. All of the sudden today its trading around 45 a share. That means the insiders at twitter who sold about 10 of the company got 1. 8 billion for something the stock market is now saying is worth more than 3 billion. Thats 1 billion that the people who own twitter just lost. These ipos are supposed to be set up so that the price pops a little bit on the day that the stock is introduced. You need to give the insider buyers who are taking all this time to learn about a new company to give them an incentive to do that. You want the price to go up 10 or 15. You dont want it to go up 73 . When this happens, everybody gets overjoyed. Theyre like, wow, this ipo was great. When facebook had its ipo and the stock struggled to hold the price at which it was offered, people talk about that like it was a disaster. Actually, the facebook insiders got as much value as they possibly could. Even taking a step backward from that, if youre not on twitter and not investing, this is still one of those really interesting days in American Life because i think whats good about our Capital Markets is that you can get access to early investing and go to the stock market here for a company thats got a lot of creativity but no profits yet. Thats good. Were still in the overhang of this recession. I think thats a good macro factor and the way things work in our economy. Yet, of course, theres a real caution here too. Not only to what youre talking about, which is a different level of information and access that people have, which goes all the way out to mom and pop investors as well, but also sort of what happens if this company doesnt dop that well and how many other people stand to lose money over the long haul. Well, if the company doesnt do as well as investors expect today with the price being driven up so high, then the stock price will be lower. This is not a pets. Com situation or the situation we tended to have in the late 90s where you had companies that were not profitable and never could be, selling at huge prices because of hype then you had a big crash. Twitter isnt profitable yet, but its clear it will be in a couple of years. Its having huge revenue growth. Theyll have twice as many sales this year as last year. Then its expected to have twice as many sales next year as it has this year. Its pretty clear that within two or three years theyll be making money. The question is just how much money. But it is a good thing there are investors who are playing the long game here. In 2006 when twitter started, it wasnt at all clear how they could be profitable, but people thought this was a good idea that customers would want, then youd be able to figure out a revenue model for it and they have. Lets dig into why and how twitter is going to be profitable because a lot of people, especially twitter users, are like, how does this thing make money . Its not like google where theres ads all over the place. Advertising, of course, will be the main reason why theyre going to be super profitable. Some of the major tech folks are saying twitter is the most Interesting Company in advertising right now because of their recent acquisition of mopub, which is the Worlds Largest mobile ad exchange. Its going to put them on the front end of two major trends. A major guy at twitter spoke about this. The rapid shift toward consumers using mobile and the industry shift toward programmatic buying so that the major trends in the ad world are going in twitters direction. Yeah, i mean, the main way twitter makes money is through promoted tweets. Thats where when you load up your main page, you see a tweet some company paid to have put there. If youre tweeting about the iphone, they give you promoted tweets, either for competitors of the iphone, like from samsung and microsoft. Because the ads can be properly targeted towards users interested in them, the advertisers are willing to pay more for that and the users may find that to be a valuable part of the experience. Theyre being shown ads for things they might want to buy. Twitter also makes money by allowing companies to pay to have trends created. You can see on, you know, whats trending on twitter today. People are talking about miley cyrus or whatever. If you pay about 200,000, you can have your companys topic put in there and its clearly marked as being something thats sponsored. They also make suggestions to you that are promoted. So if they think you might be interested in toyota, that might be shown to you that you might want to follow the toyota account. This does seem to be working. Its generating this strongly growing stream of revenue. And josh, right now twitter, for those of us who use it, it seems like such a part of our life thats going to be there essentially indefinitely. But before there was a facebook. There was a myspace. Do you think theres any special protection twitter has from another Similar Service taking their place or do you think five years from now there could be Something Else that we think is even better than twitter . Well, i mean, this landscape changes a lot, so i dont know. Im a very devoted twitter user. Youre an awesome twitter user. Youre good at it, josh. I appreciate that. I think the one thing thats a protection for them thats a protection for any kind of company in this space is the thing thats so valuable to me about twitter is that the people i want to interact with are also on twitter. If someone came out with another Microblogging Service that i thought was better structured or something and i tried to move over to it, i cant take all my followers over there with me. It is somewhat sticky. As you well know, josh, theres lots of people that we dont want to interact with who are on twitter. You can block them. Toure is not one of those. Josh barro, thank you for keeping it tight and precise in honor of twitter. Ari wasnt so capable of doing that. Up next, the elephant in the room. Time magazines words, not ours. The cycle rolls on for thursday, november 7th. And after last nights cmas, im feeling a little country. How about you . Nope. I started parttime, now im a manager. N. My employer matches my charitable giving. Really. I get bonuses even working parttime. Where i work, over 400 people are promoted every day. Healthcare starting under 40 a month. I got education benefits. I work at walmart. Im a pharmacist. Sales associate. I manage produce. I work in logistics. Theres more to walmart than you think. Vo opportunity. Thats the real walmart. Was a truly amazing day. Ey, without angies list, i dont know if we could have found all the services we needed for our riley. From contractors and doctors to dog sitters and landscapers. You can find it all on angies list. Join today. At any minute. You could be a victim of fraud. Most people dont even know it. Fraud could mean lower credit scores. And higher Interest Rates when you apply for a credit card. Its a problem waiting to happen. Check your credit score, check your credit report, at experian. Com. Americas number one provider of online credit reports and scores. Dont take chances. Go to experian. Com. You have to have a huge ego, right . Oh, please, its such a burden for you to be speculating about me being the leader of the free world. Stop, im so burdened. I mean, you know, thats a pretty huge ego to be complaining about that. Its complimentary. Its flattering. And i have no problem with it. That is one example of the massive political talent of one Chris Christie, whose gigantic victory in new jersey has him on the top on pundits prediction lists for 2016 and on the cover of Time Magazine this week. In a party where screaming purebloods rule, christie is betting that a screaming mudblood can redirect the furies. Yes, big chris will need all his talent and charisma to steer the titanic that is the gop past an iceberg called Hillary Clinton because hes an ideological outlier in the modern gop. Look at the scientific breakdown of major gop figures on a conservative scale. Christie is far to the left of everyone else. This doesnt even express how far to the left even far to the left of this guy, john how do you pronounce his name . Im going with huntsman. Christie is practically centercenter. Michael, how does christie fare in a gop primary when theres so much room to his right he makes centerright folks look like barry goldwategoldwater, and he actually hugged barack obama . Well, hes going to have a rough go of it. His theory is the Republican Party hasnt fundamentally changed from where it was two years ago, six years ago, ten years ago. What that means is itll be a very trying, very difficult primary process. There will be a lot of purity tests he will fail. There will be a lot of contenders in iowa and South Carolina, a lot of voters who vote against him. But in the end, the Republican Party will, as they have in the past, get behind the guy they think has the best chance of winning, like john mccain, who wept through this murder board, like mitt romney. Mitt romney is not the first guy to look at running for president who has problems on guns or abortion or whos raised tolls in his state when he was governor. Its not like hed be the first one coming at this. The question is whether over the last year or two weve seen a real shift in the Republican Party so its going to move away from its historical pattern and go for something more pureblood. Michael, i read your article. It didnt focus a lot on what hes done in office on the economy. Other articles may in time do that. A lot of the Media Coverage in general, including us, we cover a lot of 2016 stuff. If we dive in for a minute, because i know youve covered him a lot, he has presided over tremendous cuts at home in new jersey. Cutting family care, 100 million. Thats their local program for health care for poor people. Eliminated after the three, a great new Jersey Program that tried to give lowincome students a place to go after school, 100 million from city programs that were for some of the poorer cities. Cuts to medicaid. Okay, this is a guy i could go on. We dont have the time. Youre such a liberal. If theres one thing in common with every program i just mentioned, its that it was for poor and middleclass people in his state. He was reelected with the votes of some of those people. If we look at policy, aside from politics, this is a guy who goes after some of the poorest citizens in his state with his budget priorities. Well, yeah, that probably helps him in a republican primary. His experience cutting budget is something he will run on. In a general election, it probably will become more of a liability, but its also fair to say that Chris Christie is entering a job in new jersey where the basic mechanics of that job are you just ignore your budget problems and push them off. Its not as if Chris Christie is making those cuts because, you know, the state is flush. The state has been in enormous financial difficulty for decades. Governors have been pushing off the problem. Its true, he did face a choice. If a democrat had been in that position, he probably would have seen a tax increase, probably target the wealthy. He took a different tact. Its also worth saying, you know, 29 , i think, in the exit polls of people who identify themselves as liberals voted for this guy. Hes been able to do it in a way that hasnt alienated that constituency. And christie is someone i find pretty fascinating as a politician. On one hand, he has this commanding executive style that can Straight Talk washington out of its nuttiness. On the other hand, he can come across brash, selfdeprecating, at times egotistical and a little bully like. Here are just a few examples. If you address yourself like that in a courtroom, your rear end is going to get thrown in jail. Youre a real big shot. I dont ask you where you send your kids to school. Dont bother me about where i send mine. I heard you. Okay, next question. When i said a little bullyish, it was obviously an understatement. He made it clear yesterday in a press conference that this style is not going to change. Its one that many folks in new jersey like. How do you expect this brand to play around the nation . I think its actually a terrific political act in a time where we dont really have many politicians with great political performances. Hes been able to do it in new jersey. Will it work nationwide . The question is, are the American People pretty upset right now . Do they want someone to come to washington and knock heads . I think theres a lot of anger out there that has over the last several years been channelled in very ideological ways. Christies premise is i can rechannel that anger in a pragmatic way, and ill do it by way of my own personality, by way of this character hes created. Hes sort of the bully with a big heart. Hell call somebody an idiot and talk about how much he loves his mother in the next sentence. And he claims to be totally straight up, talks straight to the camera, says im never going to change. I mentioned in the story that at the end of his Campaign Just now in new jersey, people would call out at rallies, we love you, or i love you. When barack obama hears that, he always says i love you back. When Chris Christie heard it, he said, good, because i cant change. Its a character hes very much created and has real potential. Well, another part of his strategy were seeing is some people expect it after he won the election in new jersey to make sort of a hard turn to the right. I would expect a couple years from now liberals and democrats are not going to feel as fondly towards him as they did when he was hugging barack obama. But he, for example, said hes going to go to South Carolina and help Lindsey Graham in his republican primary. Seems like his strategy is going to be, to be the sort of pragmat pragmatic, sane, alternative to folks like ted cruz, marco rubio, rand paul, et cetera. Hes betting theres enough appetite for that in the gop primary to get him through. In the gop after you get through those first few states, i think thats right. He calls them college professors, the people who just like to talk about ideas. Which i think is brilliant. Republicans are not big on college professors. Thats right. And i think they are in a stage where a good chunk of them want to start winning again. They can do that in these jer gerrymandered districts pretty well, but they dont have anybody showing them a path to do it in a president ial Election Year where youre going to of a democrat on the ticket whos going to get a lot of democrats. Youre going to have 31 of the liberals voting for the republican. It will be a very close election. Youre going to have a very different electorate. I think one of the undercover parts of this election in jersey is he won 60 of that election. Even with that result, its not at all clear that verse democrat x in 2016 he would win the state. The population voting will be so different. And hillary wasnt on the ballot in jersey. He wasnt exactly running against the toughest d. And someone basically abandoned by her party. He didnt have a real opponent. Absolutely. Yesterday you pointed out that Chris Christie got 20 of the black vote. I thought that was incorrect. That was correct. But this shows how pathetic the gop is. They lose black people 80 to 20, and theyre celebrating. Oh, my god, heres the savior of the gop. Michael, thank you very much. Up next, a new Development Today in what one activist heralds as the gayest year in gay history. [ male announcer ] this is brad. His day of coaching begins with knee pain, when. [ man ] hey, brad, want to trade the allday relief of two aleve for six tylenol . Whats the catch . Theres no catch. You want me to give up my two aleve for six tylenol . No. For my knee pain, nothing beats my aleve. Try align. Its the number one ge recommended probiotic that helps maintain digestive balance. Stay in the groove with align. The news cycle begins with a major decision that will affect what we eat. The food and Drug Administration is banning transfats from Grocery Stores and restaurant menus. Scientists have long warned that transfats can raise levels of socalled bad cholesterol, thereby raising the risk of heart disease. The widow of former Palestinian LeaderYasser Arafat is demanding justice this afternoon. She is responding to what she says is new evidence that indicates he may have been assassinated, in fact, poisoned. Officials have long alleged that was actually the case and that israel was behind it. Israel, for its part, has long denied that charge. This next story literally stopped us in our tracks today. A cancer patient who would be more than understandably down on her luck chose instead to dance. This is debra cohen in the operating room with her nurses and surgeons right before she underwent a double mastectomy. For six minutes, they shake it to beyonce. Debra wants others to record their videos as a source of inspiration. I love that. From one uplifting story to some uplifting breaking news in the push for equality. The senate has passed truly historic legislation to outlaw Workplace Discrimination against lbgt americans. All 55 democrats and a handful of Republicans United to get this done. Of course, this still has to get through the house, but its a victory so well take it. Potentially out of hawaii and North Carolina new mexi new mexico in the coming days, the nation seems to be rapidly accelerating towards equal rights. Thomas roberts is in russia gearing up to host the Miss Universe pageant as an openly gay man. First, we want to get your reaction to something i know youre passionate about here at home. The senates decision to outlaw Workplace Discrimination. Just to think, two decades ago congress rejected samesex marriage. Attitudes are obviously quickly evolving toward gay rights. How important is this vote . Well, its extremely important, abby. I think we have to move forward as a country in leaps and bounds. As you point out, it wasnt that long ago that we had major steps in reverse. But as we look at where we are today and the senate has moved forward, we know it still has an uphill battle over in the house. Meanwhile, this is something that has languished for a long time. We have openly gay members of congress who are serving now openly, which i think makes a big difference. We certainly have major straight allies in america that would like to see Something Like this pushed forward. Just seeing it passed through the senate doesnt mean it will be passed through the other side and live to see the light of day. Thomas, what do you make of the somewhat scrambled politics on this . Barring discrimination was suppose ed to be the easy step. Gay marriage has thought to be more divisive for many religious and political reasons. Yet, were seeing more progress on Marriage Equality around the country than we are here on this federal ban. Well, absolutely. Were seeing much more forward progress on Marriage Equality with illinois moving forward this week to allow that state, to allow samesex marriage, to allow rights to lesbian and gay partners. But we still have a long way to go. While we think about what edna is, its basically a bs detector if homophobia. There really is no reason not to have something as simple as that in most of our every day lives now, especially since we know where the white house stands. We know where the Supreme Court stands. Now were watching like a domino effect state by state Marriage Equality going through. So its only a matter of time before this actually happens. But i like to think of it as a little bs detector for homophobia. I think thats really well put. Thomas, it is so awesome seeing you there in russia. I know there was some controversy about whether or not you should go, given the statesponsored discrimination and really hate that they have now in russia. You hit the ground running. Youre shining a spotlight on the problems that exist in the country. You interviewed a journalist who lost his job because he came out publicly as gay. Lets take a listen to some of your interview. Im sitting at home without a job and actually without money. Thats it. Because of because i said that im gay, and im the same person like president putin and the prime minister. So you had just had enough. You were fed up. Totally. And when you decided to make this public statement, did you think about the consequences that might come . Sure. And how did you adapt to that line of thinking then if you knew that the consequences would be this because its time. Now is time to be open. I felt i thought that it was my attempt to russian gay people, to russian people, to all russian people because its not about gay rights, its about human rights. What a courageous guy. What did you take out of that interview . Well, i thought anton was a very courageous person, krystal, as you point out. Hopefully you guys can see it in the interview. I found him to be incredibly conflicted in a sadness because this is a 38yearold guy who was very popular as a political commentator and journalist here in russia working for a newly launched cable station but had a career prior to that. Heres somebody that at 38 years old is basically starting over but starting over with new bravery and new courage in the fact that hes out and trying to make a change here for the good in russia. And basically what weve seen from this propaganda law is its seeking a solution to a problem that doesnt exist. We experience this through our own american politics all the time. So now its up to lgbt russians and straight allies here in russia to come up with a cohesive voice to battle against that. And certainly International Pressure is helpful and a cohesive voice internationally can maybe influence some sway, but itll remain to be seen exactly what the russian people want to see done. Its just going to be a matter of time before we see more influential russians come out as lgbt, more straight allies come forward saying this law is erroneous and ridiculous. So its a matter of time. Just like us back in the states, we are slowly making that progress. Weve made that progress as, you know, we bend toward quality and justice. Were not there, but were seeing russia take a step backwards. But the sun will reemerge here. I feel confident about that. Thomas, what has been your personal experience while youve been in russia . Have you experienced any homophobia yourself or any sort of vibes or just sort of the temperature of the world that youre in over there as an openly gay guy . No, i havent. I certainly dont want to be a commercial for people thinking that homophobia doesnt exist in russia because weve seen very violent and very homophobic attacks that have happened on innocent individuals that have been demonized or victimized just by merely stating that theyre gay. Patrick is sitting right on my left. Hes here. Hes been with me all day. Were here together. Weve been embraced by all of the people that weve been around. But i wouldnt want to send the message that were not here on a different set of privileges. Im here to host Miss Universe happening on saturday night. We did spend the day yesterday running around town, working with our moscowbased crew and doing interviews. But i understand im afforded a different set of privileges because im here. But i think that just being visible and being here and proving, you know, so what, you think im an other, but im not. Im just like you. I hope thats the message people get out of this. The Miss Universe stage is seen in 190 countries by a billion people. And forgive me. Im been up since 7 00 a. M. Local time, which is god knows what time back home. But im really excited that i got this opportunity and that i got to be here and that i got to stay up late enough to be on the cycle to be with all of you. Well, we are thrilled you came on. To echo krystals point, the msnbc family is so proud of what youre doing. Were so proud that youre over there and cant wait to watch the Miss Universe pageant. I have to have say, i know your nickname around the office here is superman. We all voted, including our wonderful hair and makeup team, that youre now dubbed mr. Universe. Congrats on that. I have to ask before you go how the search is going for nsa leaker Edward Snowden is going. Hold on. Let me look at the bar. My search for Edward Snowden consist of looking at this bar. Meanwhile, people smoke in russ russia. I dont know if you can tell how red my eyes are. Smoke is everywhere. Theres not enough open windows. Ill just say that. But im having a great time. Hes the best. We love our thomas roberts. All right. Thanks so much. Coming up next, affirmative action for rich people . Yep. Its already happening a the some colleges. Humans even when we cross our ts and dot our is, we still run into problems. Thats why Liberty Mutual insurance offers accident forgiveness with our auto policies. If you qualify, your rates wont go up due to your first accident. Because making mistakes is only human, and so are we. We also offer new car replacement, so if you total your new car, we give you the money for a new one. Call Liberty Mutual insurance at. And ask us all about our auto features, like guaranteed repairs, where if you get into an accident and use one of our certified repair shops, your repairs are guaranteed for life. So call. To talk with an Insurance Expert about everything that comes standard with our base auto policy. And if you switch, you could save up to 423. Liberty mutual insurance. Responsibility. Whats your policy . George Washington University recently admitted to using the background of perspective students to decide who gets in and who gets wait listed. The problem, theyre using the financial background. If you can pay, you get the edge. So lets be clear. Even as the Supreme Court just tightened rules for affirmative action based on race, at least one college is defending its practice of giving preference to students based on their bank accounts. The more you can pay, the more likely you are to get in. In his latest article, our next guest writes, gw is not alone and its because colleges are in a never ending endowment arms race, stuffing their coffers as best they can, even though student debt has eclipsed 1 trillion. Joining us it the cofounder and president of our time, an organization fighting for the rights of young voters and future generations. Matt, obviously one of the problems here with gw specifically is they lied about the fact that they were doing this, that they were giving preference to students who could pay. But what theyre saying to the gw hatchet is that, you know, we dont have enough money to provide Financial Aid for all the students we want to admit. So instead what we do is narrow down the group and offer them a larger Financial Aid package so they can actually get into the school. Is there how would you advise them . Whats a better approach for them . The question is besides the misleading component, is that actually happening . What a few College President s have said is actually happening is if a college has 40,000 of money to give out, rather than give 40,000 to one student so that he or she can have a free year in college, theyll give eight 5,000 merit scholarships to eight wealthier students to can all afford to pay 35,000 rather than 40,000, which then gives the school 35,000 more revenue, eight times over again, which is a Better Business decision on the part of the school. But it doesnt fulfill their promise to incorporate socioeconom socioeconomic. Its critical we get more people to enroll, especially from lower class backgrounds. Absolutely. It doesnt help society at all. You point out in your article only 14 of students in the most competitive colleges come from the bottom half of the American Income bracket. So and its been that way for over two decades. So we are not increasing our diversity and were making college increasingly something that perpetuates the lack of intergenerational mobility. And this is because colleges today are valuing prestige over their core Mission Statements. I mentioned in the oped that if you look at the Mission Statement of a college, its always to created learned citizens who have civic responsibility. Its never about to let people into a country club that has worldclass amenities that spikes tuition costs so that we can have prestige and land up number one on the u. S. News and world report rankings. And thats the problem. More and more schools are tailoring their Business Models to get good rankings rather than to give fundamental access to affordable learning so they can get the skills necessary to get a job. They were pulling up the lad every behind us. And you have these colleges spending hundreds of millions of dollars on amenities it like dorm rooms. I just went back to my dorm. Its like night and day. They want to incentivize the toptier students to go to their school. How do you help colleges focus more on values versus these amenities . The Administration Just proposed a measure called the College Score card. In theory, it will help consumer choice. Its going to allow consumers to choose on what is the school thats going to give me the best opportunity to get a job postgrad, what school will i emerge with the least amount of debt from, and can i get the most value for my buck with. That will allow people to choose better because right now they look at rankings and see, well, you know, this school is number one, but theyre number one because if you look at how the u. S. News ranks schools, they say if you spend money and youre more selective, you end up higher on the list, which is why harvard and yale and princeton, shocker, have been number one on the list for decades now. Rather, there are new ranking systems that are going to take place. The problem with the administrations proposal is that it doesnt kick in until 2018. Im afraid that College Lobbyists are going to water it down and then ultimately when hes out of office, well, the next president , president christie or president clinton whoa, whoa. Maintain, you know, that kind of commitment to consumer choice. But colleges are lobbying against it because they just want federal money with no Strings Attached to enhance their prestige. We know president clinton will do it the right thing. At the heart of all this is the question of affordability. You also outline a program in oregon that could potentially serve as a National Model in terms of affordability. I couldnt be more excited about this program. This program is going to shift. Its a Pilot Program at the moment. Its called pay it forward. Its going to shift the financing model so theres no deficit financing for education. You get to enroll for college for free and then pay back 3 of your income for 24 years. So its like a tax for going to school. But it doesnt allow you to leave school 27,000, the average amount of student loan debt, so your head is under water and you have to take the highest paying job possible as opposed to going into Public Service or any necessary field to serve the well being of the public interest. That sounds great. Well have to check back in with you to find out how its doing. Matt, thank you so much. My pleasure. Up next, looking at this from the schools perspective. Legend dare filmmaker on the reality of college. [ female announcer ] ladies and gentlemen im here to say a few words about the power of baking stuff with nestle toll house morsels. 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It needs great public adversity. Up until this year, he was chancellor of uc berkeley, addressing how to run a Research University when state funding is plummeting across the board, how to retain quality professors to support students who cant always afford todays tuition, and draw funds from donors and corporations without sacrificing the universitys mission. Thats all part of the picture that emerges in a new documentary from fredrick weisman. His newest work premiers tomorrow. The first question is simple. The movie shows a campus trying to undergo a fairly big cultural transition. How hard is it to change a culture like that . Well, im no expert in cultural change. But what i saw at berkeley was an administration that was using their intelligence and sensibility sensibility to maintain the high standards and integrity of a Great American university in the face of a very severe economic crisis. And certainly from what i saw they were succeeding in their efforts to have an excellent student body, a diverse student body, and to continue offering lots of scholarships to lowincome students and trying to do something about finding money for middle class students whose families were squeezed as a result of the economic problems in the country. And, fredrick, how much do you think of what you saw at berkeley is going on at public universities across the country . Well, thats certainly my impression. Im no expert on whats going on across the country, but theres an old expression, as goes berkeley, so goes Public Education in america, and, you know, from what i know, that seems to be true because berkeley always is recognized as the Great Public University in america, and what happens at berkeley is followed elsewhere in the country. Mr. Wiseman, you are widely considered the greatest documentarian of all time. Please tell us what makes a great documentary. I dont know that theres any formu formula. A lot of hard work and trying to think about the subject and not i mean, i can only describe what i do, which is to start a film i start a film with absolutely no preconceptions. I usually dont know much about the subject in advance. I spend 8 to 12 weeks at the place. I spent 12 weeks at berkeley. I accumulate a lot of footage, and then i spent a year trying to think through what the experience means to me, so the final film is a report on what i have learned rather than the imposition of preconceived views on the material. So what i learned about berkeley is what you see in the movie, and often times or some filmmakers start with an ideological base and impose their ideology on what they find. My way of working is the reverse. I try to keep my eyes and my large ears open to what im experiencing. Right. And then think through what that experience has meant to me in the form in the way that i edit the material and impose a form on the experience. Right. And that comes through because this is a film where the people are speaking for themselves. Fred wiseman, thank you so much for being here. Up next, what women want according to abby huntsman. It isnt what the gop is currently serving. Oh. My employer matches my charitable giving. Really. I get bonuses even working parttime. Where i work, over 400 people are promoted every day. Healthcare starting under 40 a month. I got education benefits. I work at walmart. Im a pharmacist. Sales associate. I manage produce. I work in logistics. Theres more to walmart than you think. Vo opportunity. Thats the real walmart. On the table by not choosing the right medicare d plan. No one could have left this much money here. Whoohoohoo yet many seniors who compare medicare d plans realize they can save hundreds of dollars. Cvs pharmacy wants to help you save on medicare expenses. Talk to your cvs pharmacist, call, or go to cvs. Com compare to get your free, personalized plan comparison today. Call, go online, or visit your local store today. So ally bank has a that wont trap me in a rate. Thats correct. Cause im really nervous about getting trapped. Whys that . Uh, mark . Go get help i have my reasons. Look, you dont have to feel trapped with our raise your rate cd. If our rate on this cd goes up, yours can too. Oh that sounds nice. Dont feel trapped with the ally raise your rate cd. Ally bank. Your money needs an ally. How does the saying go, krystal . Behavior of tware of the woman female trends or is it you cant trust a woman with no female friends. But what are we to say about a man who apparently has no female friends . Like ari . I was thinking more like ken cuccinelli. He sure could have used more female friends on tuesday. He ended up losing the woman vote by nine points. Leading up he was down as much as 24 points. So what was the problem . Was it his refusal to support a violence against women act as attorney general . Yep. Was it opposing abortion even in cases of rape or incest . Maybe it was writing legislation to defund planned parenthood. You know what . Im way off. It must have been his support for parenthood or personhood rather, a measure thats so extreme even mississippi voters rejected it. One thing is for sure, when you have 20 of the voters in virginia saying abortion is the number one issue for them, not the economy, not health care, abortion, and 61 of them saying abortion should be all or mostly legal, youre pretty much screwed if youre the cuch. This has been and continues to be a broader problem for the Republican Party. Try googling gop women. First thing that comes up is gop women problem, not gop women in congress, not gop womens rights, and not gop womens support which is not totally surprising given some of the ignorant comments from men within the party. The Party Remains stuck in a rut. Guys, maybe you should have taken advice from colbert when he offered it. Come here, come here. Fellas, you may not be aware of this, but in 1920 women got the right to vote, and since then among likely voters, rapes Approval Rating has plummeted. Here is my attempt. Women vote more than men do, and they have since 1964. In 2012, for example, 53 of the electorate was women. Republican or democrat, our votes do matter, and with virginia recently being the barometer of the nations political temperature, the National Party should take heed. Women are not abortion machines and in cases of legitimate rape our bodies dont have ways to shut the whole thing down. Take a cue from Strong Female voices within your own party like governor rick perrys wife anita. She said, i see it as a womans right. If they want to do that, that is their decision. They have to live with that decision. Just like its a mans right if he wants to have some kind of procedure. Or barbara bush, for example, who for decades has called on the Republican Party to drop an antiabortion plank from its platform. These women are pro life but theyre able to empathize with the tough decisions some women have to make. To be clear im not calling on the Republican Party to be pro choice but it can approve and talk about the issue in a sensible and respectful way. The latest competition between rick perry, Lindsey Graham, and others who see who can put forward the mos