Leader of the free world. Thats a pretty huge ego to be complaining about that. Its complimentary and im flattered. Good morning. Its thursday, november 7th. Welcome to morning joe. With us on set you introduce and i ask. No, no. Ill ask that question. No. You can take all the time you want. No. Im going jump straight to it. Chris christie, we love him. Hes wallowing in this. You did this. I love that zoom in. Like that 1972 candidate. Chris christie represents all the hopes and dreams. Just answer the question now. Just shut up now. Come on. Political talk, just stop it. Answer the question. Answer the question, if you will. If you were managing Chris Christie, would you tell him to wallow in this just a little bit . Hes not. I dont anybody manages Chris Christie. Okay. But i think that to make sure that this moment is about a rise to national prominence, about a rise to Winning National elections he should stop. He should stop. You should 0 stop. Shut up. Designee doesnt have to say anything. Everybody else is saying it for him. By the way, heres the biggest sign that hes a big problem and, you shut up. Okay. Just be quiet. Look at the knives that are coming out in the Republican Party. Like trying to compliment him in a backhanded way. Wait until you hear what they say. Hows the beard . Itchy. Can i feel it . Oh, yeah. Later. I want to know what thats like. That doesnt look good. No. Not good first thing in the morning. Please dont go close up. Tight zoom. Ill come over there and check it out. You let me do the news and shut up. Thats the third time you told me to shut up. I got one too. But im ahead by two. And hes elegant, thank god. The rest of us no, youre elegant. We pride ourselves on being a civil television show. Shut up. You shut up. Ive never been told to shut up. Not you. Nicole wouldnt, willie wouldnt. You told me to shut up three times. I know. Nobody notices when i do it. Youre mean there. Shut up. I can go thats nice outfit and beautiful we could have one of those shows where i hit you. Weve had those before. Get blamed for that. You get bruises and you get in trouble for that. If you want that to happen keep going down that road, all right. It certainly didnt take long hours after a landslide reelection victory new Jersey Governor Chris Christie faced questions about running for president in 2016. What is he supposed to do. Joe, be quiet. He said hes flattered by the talk. Im a better executive today than i was when i answered those questions about two years ago. And so you would think that would make me better prepared to be president. But ill be really clear about this. I have a job to do. I got reelected last night. Thats the job im going to do. If the time comes i change my mind ill tell the people of new jersey i want to do something else. Christies strong win combined with Ken Cuccinellis loss in governors race have many republicans questioning whether its time to limit the influence of the tea party influence of the gop. But republicans that could challenge Chris Christie did not get that memo. Here we go. After christies win, senator marco rubio was quoted saying, i think we need to under that some of these races dont apply to future races, everyonery race is different. It has a different set of factors. Thats not gracious. No. If you win by like 800 points in a state that barack obama won by 800 points, you take a look at that, dont you, nicole . Absolutely. You congratulate him and say wow hes a contender. You all said that Chris Christie wasnt wallowing in it. Marco rubio, you would say to him be gracious. Its the day after. You would at least be as gracious as the democrats. I dont know when as a party well wake up and realize that as long as the targets of our ire remain each other. Seriously, if you think that hes a contender the best thing you ought to do is support him. Because if you say things like this it shows youre really threatened. So, what theres more. It wasnt just marco no. Senator ted cruz. Them. I think its terrific that the ones ruining the Republican Party i think its terrific hes brass, that he is outspoken, and that he won his race. But i think we need more leaders in washington with the courage to stand for principle and in particular obama care is not working. Wait. What happened . He doesnt stand on principle. He basically had a death match. Hes great. Now i feel hes overshadowed. Thats a man thing too. No its pitiful. How could anybody say Chris Christie doesnt stand on his principle. I heard somebody say yesterday, i forget which one it was but somebody on the radio said if Chris Christie wants to prove that hes conservative he has to call barack obama a liar. I know who that was. I dont. I dont want to know. The standard. Thats our standard. Doesnt have to do with ideology. Heard that and i thought why are we putting ourselves and our own party through litmus tests and setting ourselves and each other up for party. How did Ronald Reagan call jimmy carter a liar . No. Never. By the way, youre exactly right, mika. We should at least as republicans be as gracious to each other as democrats are to us. So what do you do if somebody is a potential threat to you . I go hug them. If im about to fire somebody i give them a raise. When people get a raise oh, oh, they are being nice to me. You embrace people that might be running against you. You have to be confident. You cant look small. Speaking of that, senator rand paul at a Senate Hearing launched an attack on Superstorm Sandy recovery efforts. Look at this. The first two were good. This one is a zinger. Criticizing governor christie who just won historic reelection in new jersey for appearing in ads entitled stronger than the storm to help tourism. These ad, people running for office put their mug all over these ads while they are in the middle of a political campaign. In new jersey, 25 million was spent on apds that included somebody running for political office. You think there might be a conflict of interest there . Thats a real problem. Thats why when people who are trying to do good and trying to use taxpayers money wisely they are offended to see our money spent on political ads. Thats just offensive. Did he get that off of wikipedia. He did that in a hearing . Yes. Oh, my god. Who is he questioning . That was the secretary of they are obviously all scared of him. Thats what this is all about. They are all scared of him. Willie there could be more. You want to be gracious. They want to be specific about why he doesnt quote stand on principle. How about holding off just a couple of days. Im thinking huge win, congratulations are in order. President obama called Chris Christie yesterday to congratulate him. Weve gone down the list. Low tax. Took on the teachers unions. If youre a conservative you presumably like. Hes against gay marriage. Hes against abortion. The things they point to is that hes soso on Climate Change. He believes its real and partially manmade. So if youre looking for a candidate 100 pure youre looking for a long time. You have Ken Cuccinelli. And you lose. I actually think theres some instances in which marco and ted cruz speak for some republicans. I dont think this is one of them. I think this is an instance where republicans around the country are hungry to win, they are wildly attracted to Chris Christies Straight Talk and attracted to the idea that republicans could recapture the white house. Thats republicans around the country. What is the Republican Party going to do. They didnt invite him to cpac. They are scared of him. One of the things that was in that earlier clip that truck me, i dont think hes been as outspoken on obama care as the republican dogma has been. Hes been quiet about that. He was running for reelection of governor. Im saying. Theres plenty of time. The republican litmus test and dont throw yourself in front of obama care. You mean Like Congress that shutdown the government . Okay. So much of this, i mean its past. You got, nicole, you know so much of this is the rightwing noise machine. In 2008 every single conservative talker, everyone was against everyone, including myself we were all against john mccain. We worked every day against john mccain. And john mccain won. I mean you name somebody that a talk radio show with a billion listeners a day they were all against mccain. Mccain won. 2012, none of them except hugh hewitt supported mitt romney. Rush at one point said he might not even vote for mitt romney. But anyway obviously mitt wasnt conservative enough for me but they run. They won the primaries. This noise all it does is it hurts our brand nationally and then we end up electing guys like Chris Christie anyway. What happens independent voters who are largely made up of women voters see republicans attacking republicans. So when they get in the ballot box they say how good can he be, his own party doesnt like him or her. The thing that strikes me and the thing well never know if ted cruz hadnt shut down the government to achieve an unachievable goal might obama care have been a bigger issue in virginia. Of course. Theres no doubt if the republicans take the Republican Party if the Republican Party brand had not dropped 10 points nationwide in virginia over that month or two, k cuccinelli would be governor right now. Terry mcauliffes victory have some democrats worried about their future. They should be. Yesterday the president met with a group of 16 senators who are frustrated with the roll out of obama care. They are concerned. Its trouble launch may come back to haunt them during next years midterm elections. Democrats believe cuccinelli was able to narrow the gap in virginia after focusing on obama care during the final weeks of the campaign. Exit polling showed 53 of virginia voters were opposed to the Health Care Law. Of those voters 81 voted for cuccinelli. Also yesterday the president flew to texas where he was critical of the states lawmakers for not opting into obama care. One of the things that sometimes gets me a little frustrated although i understand it because im in politics is folks who are complaining about how the website is not working, and why isnt obama fixing this and all these people are uninsured and yet they are leaving a Million People right now without Health Insurance that they could immediately fix. Theres not a lot of logic. Okay. That was inspiring. What next . What . I think hes working on fixing the problem. Was that kind of like the berlin speech where you swept to your feet rhetorically. He was set up terribly and the roll out was terrible. If they can fix it. They have tech experts in there. If they can get people signed up all this chatter will be forgotten. So Steve Rattner i talked to two people from pensacola yesterday. One had one has two children with preexisting conditions that cant get Health Insurance. And they went online. They signed up. They got a great plan through blue cross of florida in about 30 minutes and said it was the greatest thing ever and their two kids that have preexisting conditions can do it. Then i heard from somebody else who got on and tried to get it and could never get past the second or third screen. One person said it was a republican, greatest thing ever and the other a democrat who couldnt get on was frustrated and angry. The point is, obviously, if you start having a lot more americans with that first story, being able to tell that story around communities, then it will do more than any 30 seconds ads run during political shows at night could ever do. If they file like in the second instance it doesnt matter what Barack Obama Says or does. It fails. First, the website is what it is, disaster. We all agree. Thats going to get fixed. Thats a technological problem. Its not an insurmountable problem. Were trying to get a website to work. The bigger question is how many people will sign up and what are the rates for those who do. You need younger healthier people in the pools to keep the rates down so your two friends with preexisting conditions can get insurance at a reasonable rate. That the jury is out. It worked in massachusetts. Its not looking good in the early months. The question is how will it unfold. The president unfortunately got himself in a box on two issues. One nobody would lose their Health Insurance no matter what and the other idea is not everybody will be better off. Some will have to pay more. Thats the nature of insurance. For every story of yours, theres an editorial in journal where a woman cant get insurance and is very sick. Its a year to the midterm elections. The website will be a memory by then. The question is are people signed up. Well get back to this but we have another big story this morning. Later today twitter will begin trading on the new york stock exchange. The company has listed its initial Public Offering at 26 a share. Its the Largest Technology ipo since facebook debuted last year. So steve should willie and i buy this stock . Willie asked me that before. I didnt want to answer off camera. I know. I heard that. I pretended i didnt hear it. I asked you on camera. Steve, should i buy twitter . Lets talk about the price. 26 a share at ipo. A little bit higher than people expected. Sure because what happens in an ipo they go through a marketing process and there was a lot of demand for this. They kept raising the price at which it would be offered up to 27. Its interesting to compare twitter to two other big ipos, facebook and google. Lets start by look at how long these companies have been in business because this gives you a baseline. Google had been in business six years when it public. Facebook eight. Twitter seven. Heres the big difference. Google had 3 billion. Facebook had 5 billion and twitter has 640 million of revenue when its going public. Much smaller company. Same is true as of profits. Google was making money. Facebook was making a tiny bit of money. Twitter is losing money. So that gives you a little bit of the background. Is there a chance to sell ads on twitter. They will sell ads. Tougher for facebook. Thats because you cut in specifically to your interest, people can see what your timelines look like. Facebook does that too. They dont do it well. They do it to the tune of six or seven billion ad revenue. Theyve gotten better. Who is that . Facebook. They were doing better . They were doing poorly. The stock is up. We said we called it. All right so when you translate that whether you should buy the stock or not one thing you should look at is where will this come as a multiple. When google went public it was the two times its revenues. Facebook was at 20 times its revenues and twitter is 28 times its revenues. This is coming at a much higher multiple than the other two. You can factor that into your decision as to whether to buy or not. I want to give you one last word of caution, willie. They dont always go up. Heres what happened to five recent ipo, companies you all know. Six months after the ipo gogle had doubled. Linkedin was up 60 . Facebook down 40 . Maybe you wait six months. Now facebook has since recovered and is up about 30 . Google has done great. Linked in has done great. Zynga and groupon is still sitting down there. On wall street, what are the potential down falls to investing in twitter and whats the big upside for twitter . The downfall is the stock is very expensive and is predicated on twitter continuing to grow at a fast rate and if they slip a step as facebook looked like they were doing which is why that stock plummeted, then the stock could collapse. The upside is that as joe said its a very fast growing service. Its got 650 million revenue. And, you know, google today, if you bought google at its ipo its up 12 times since its ipo. Sounds like a buy to me. It sounds like a buy. Its bet. Take the money you were going to put on the horses willie. By the way, the dog buy with money you can afford to lose. You cant get through that wall of trust. I cant believe it. You knew i was going to be a hedge fund guy. Youre a born hedge fund guy. Other than that i was going to be i am. You would be a great hedge fund guy. Coming up on morning joe were going to talk to former White House Press secretary to president clinton, deedee myer, chuck todd will talk to us later and later actress Debra Jo Rupp playing a sex therapist. Dr. Ruth . No along the same lines. Really . The thing we got to do nicole, you might want to be here for this one. Anyhow, also more on todays big twitter ipo, the author of a brand new book. Up next the top stories in the politico playbook. Speaking of dr. Ruth. Dont go there with him. The sex therapy session is what time . What do do i . Heres bill karins with a check on the forecast. Good morning, everyone. Today we have a little bit of light main heading through the northeast and midatlantic. Not too significant to cause too many delays but washington, d. C. , philly, new york, boston and our friend in the Pacific Northwest have a pretty good storm. Seattle and Portland Airport concerns. You can see the light rain on the map. Two to three hours from syracuse to binghampton to scranton and work its way through new england. Bring the umbrella with you. As far as the heaviest rain going targeting southern new england, central new england around 2 00 this afternoon a lot of you will drive to work. The rain will be over with during the day. When you drive home the roads should be cleared out. Well be watching the rain ending this morning and there is like pittsburgh the middle of the country youre dry and cooler today and i mentioned that storm in the northwest. Have you heard about this super typhoon . This is sue per typhoon yolanda. One of the bi