Cooperman joins us for the hour. The Investment Committee is ready to go. Halftime report starts right now. Welcome. Good to have you with us on this tuesday. Our Investment Committee here today, josh brown, stephanie link also with us from boynton beach, florida, leon cooperman, we will get to the selloff in the market today, the fall off for apple first a story thats new at noon today. It is a new position position for David Teppers appaloosa intel sat is negotiate with the fcc. Tepper writing the governments proposal is quote manifestly unfair to the company in part because the terms are difficult to meet. Tepper projecting accepting the proposal would take on serious financial risk he wants a new agreement with the fcc or face the possibility of bankruptcy or litigation from shareholders i spoke with tepper. He said, quote, he want a smart agreement for all parties and this isnt smart for anybody you can see the stock there is a big mover today, up more than 17 . It has been a lose
Many public schools have defunded sports programs, and most offer physical education just a few days a week, reinforcing a pay-to-play youth sports culture with few free and low-cost opportunities at a time when they are most needed.
i don t think they will either. not in this house. i tell you this gal, meredith whitley who was interviewed on cnbc, she s talking about these 10 counties, cities, towns, municipals are going to go basically into default. if she s right, we ll have a very exciting year. this goes, by the way, back to cory booker in new jersey who desperately is trying to get the unions to be responsible with their police force. and unions across america are begging these cops in newark to stop being reckless, and they refuse. so cory booker asks the question, if i ve got cops that are being irresponsible, do i ask the state government or the federal government for more money to give to basically pay off hostage takers? his answer is no. i think you re going to see something dramatic happening there. i think it s beginning to happen.
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