landslides, floods, and four people dead, and the death toll is expected to rise. hundreds of thousands evacuated from their homes. police in italy are holding a somali man involved with the drowning deaths of hundreds in the mediterranean. the police say he organized the trip to lampedusa. he faces other charges of rape and human trafficking. october s job report is a pleasant surprise but there was a cloud inside that silver lining. i ll talk to the labor secretary of the united states. plus the woman who helped expose enron turns her eye to the government s concern background. and it s a 3d revolution printing everything from shoes, guitar to meat. and even a live copy of me. this is ali velshi, and this is real money. this is real money. you are the most important part of the show. join our conversation over the next half hour on twitter to use the handle #real money. the government added 204,000 new jobs in october. but don t get too cared away. all these job
but don t get too cared away. all these jobs reports are revised after the fact. and we just got the revision for september. it was revised upward. i know you re not getting excited. consumer sentiment is down to its leos point in two years. and concern, is always jobs security. that s understandable like our economic recovery as a whole the october jobs numbers painted a very mixed picture. the unemployment rate actually inched upward to 7.3% despite the number of jobs added. this might have come in lower if not for the hundreds of thousands of federal employees furloughed from their work during the government shutdown. they were counted in the calculation of this unemployment rate. either way ignore this. ignore this every month. more so this month. focus instead on the number of jobs added. i m not done yet. i do want you to pay attention to this one. the labor force participation rate, 62.8%. that is the lowest we ve seen in more than 35 years. and it suggests that more p
monetizing mobile, and contrary to popular belief, teens are still using it. and general motors is beating expectations and showing signs of improvement in europe. plus one of the cars gets a rare award from consumer reports. and michael dell is writing a letter saying that he at peace because of what shareholders make. and sac capital could come the kaye and we could come today, and we could have more on that. and at least eight wall street firms raising the stock on facebook and the stock is growing after the second quarter results were out last night. they make up 41% of facebook s edadvertising revenue s and mar zuckerberg on the conference call last night. when it comes to mobile, i am pleased with the results. we have more actives on mobile than desktops and more than half a billion people use facebook on their mobile than desktop. and jim, everybody is buzzing that it is within 14% of the ipo price of $38. well, it is a big position for the charitable t
to say that when they move to try and repeal health care a week from tomorrow, that the hit on the deficit will not matter. that kind of film flam is exactly what the american people came to expect the last time the republicans were in charge. all right. good morning. it is wednesday, january 5th. we are in washington as the 112th congress will be sworn in today. welcome to morning joe. joining us on the set, msnbc political analyst pat buchanan, msnbc chief washington correspondent norah o donnell, and political reporter for the huffinigton post, sam stein. good to be here, isn t it. what is film flam? they ve got to come up with better film flam. van hollen went on to say those young whipper snappers. i won t stand for film flam up here, bright and early. let the games begin as somebody said here. norah, that s an unusual tough joust. enron-style accounting from republicans before they take control. i guess it s no kumbaya. you can see they re already at
to attend the g-20 summit. this is 20 minutes. hello, yongsan. [applause] it is wonderful to be here. did a round of applause give the a round of applause for that great introduction. [applause] a few other people i want to make mention of we are so proud and what to thank our outstanding representatives here in the republic of korea, ambassador kathleen segm igmund. give her a big round of applause. [applause] a former colleague of mine in the illinois state senate who is now a congressman from the great state of illinois, peter is with us today. give him a big round of applause. [applause] re.re he is up their period general young is here. give him a big round of applause. [applause] a few other people i want to give thanks to, general don nson, the sergeant-major we are so proud to have with us the veterans of the korean war. we are honored by their presence. [applause] i want to make special mention of one of them the congressional medal all honor recipient. give