Donald ritie, thank you for ing with us on america history. The senate jority leader i not a position in the constitution. How did the job evolve . That puzzles a lot of people. We once had a former speaker of the house contact us and say i was the president pro perso ray in the pro tempore but not the majority leader because e speakers of e usee the nate majority leader as their equivalent, their functional equivalent on the senate side. Ofourse the speaker of the house is written ito the constution, and the president pro tempore is. But no mention of a majority leader or minority leader and thats because the constitutn did n ancipatepolitical parts. I think they thoughat it was probably gng to happen, but they didnwant to encoure litica parties. Theyake no provision for it. And for most ofthe history of thesenate we had no jority lead. Om 1789 until 1913 there was noajit leader ofth senate. There re chairmen committees who wld sort of take care of things on the floor, there were th a
Varney and company is about to begin. Tom oil coming off a big rally. Right now, oil is at 50. 15. The real story is gas prices. Of to 2. 11. A big jump. Is at the beginning of more to come . It is not the beginning for a pot elliptic numbers. The market will be very volatile. I would not be surprised to see gasoline 20 0. 30 higher by aprils fools day. The tendency of momentum to trade gasoline higher this time of year. How about the strike going on in the country. Absolutely not a fact her. They do not impact gasoline production. 1. 1 billion of crude oil in the u. S. Plenty of incentive to keep refineries running. Tom that is the other part. You get into this whole question about the fact that they are cutting back on production feared walt that drive the price higher . They will not have back on production. They would like to. There is other stuff in the deep water. There is personal. Other parts of the world. Probably one and a half billion dollars a day. It will be an ugly spring
Seven and mark aruba oh at 6. Since rand pauls stellar showing at the conference six months ago senator paul has continued to make waves around the nation. As the 2016 president ial race draws closer, two is centering himself at the heart of Republican Party politics. Get this, he has reframed traditional libertarianism. He is repudiated its isolationist character. For example, hed vote in favor of military action against isis. If a vote came to you would you vote yes or no . Yes. I would vote yes and i would do it in a heart because i think radical islam, isis is a threat to the United States. Theyre a threat to embassies, consulates, journalists. Is senator rand paul a libertarian and is he leading libertarians toward mainstream of american politics . I think thats a fair assessment. Rand paul is not as pure a libertarian as his father ron paul was and rand paul is making acom indications to what happened. He balked off total in foreign aid. He is going to have some problems i think
Kings. The second black box has been found. This is the data recorder. It is badly damaged. Varney company about to begin. Take a look at the share price of craft. It has announced a 40 billion merger with heinz. Who knows which companies will be next to get together. Some of the biggest brands that you know are now under one roof. Maxwell house theyll veto, jello oscar meyer philadelphia cream cheese just among many that we have to tell you about. A half Dozen Companies that dominate Grocery Stores all over the world. This is adam schapiro. A piece of the heinz fortune. All right adam, is Teresa Heinz Kerry much richer this morning . A great question. The answer is, no. When they bought heinz pac in 2013 at that time, she had in a trust roughly 3 million worth of stock. That aspect alone she will not be making any money in regards to this. If she has shares of craft she is going to the bank. He is financing that special dividend. They are paying a special dividend. That is factored in
President obama will hold his First Press Conference to discuss the looming fiscal cliff. Will the fiscal cliff be the number one conversation piece . Theres only so much we can say about this fiscal cliff slope. I argued for a balanced approach. The majority of the voters agreed with me. I think theyre popular ideas. I think the majority of voters agreed with me. Clearly president obama won. Losing never feels good. No more mr. Nice guy. The president responds to questions about susan rice about the benghazi attacks. Senator mccain and senator graham want to go after somebody, they should go after me. Former cia director David Petraeus will testify before the Senate Intelligence committee. General petraeus had an affair with his biographer. People are snapping up copies of the book. Its so pathetic. The book is available in hard cover and extremely hard cover. Today on an im sorry i lost Conference Call with top campaign dont oorors, mitt rom said the president won the election becaus