it is now one of the most overcrowded prisons in california. tracy jones was one of the women forced to move. >> they combined two prisons into one and we were kicked out for male genders. so we're over here. >> many inmates told us off camera that the medical care was worse than before, and the conditions of their cells were appalling. >> it's not just fifteen minutes in confinement. it's day after day, year after year, decade after decade. people cannot comprehend that. we've always known the time entire i was there, we always talked about if there was ever a fire or an emergency how many of us would die because you couldn't actually evacuate the place safely because of the population total. >> two years ago, a federal panel ruled that the california prison system was dangerously overcrowded. the state was ordered to reduce its prison population by at least 30,000 inmates. >> they are horribly, horribly overcrowded to the extent that people were literally dying in our prisons from simple medical conditions simply because they didn't get acces

and in california we have a problem. al jazeera investigates a man with many enimies... >> they told me they did not find anything... >> ...dies with no medical explanation... >> no liver cirrhosis... no traces of cancer... >> was he murdered? don't miss, what killed arafat? tomorrow at 3pm et/12pm pt and sunday the rivieting conclusion... >> one other thing points to this being an assassination... >> killing arafat sunday at 3pm et/12pm pt on al jazeera america >> al jazeera america is a straight-forward news channel. >> its the most exciting thing to happen to american journalism in decades. >> we believe in digging deep. >> its unbiased, fact-based, in-depth journalism. >> you give them the facts, dispense with the fluff and get straight to the point. >> i'm on the ground every day finding stories that matter to you. >> in new orleans... >> seattle bureau... >> washington... >> detroit... >> chicago... >> nashville... >> los angeles... >> san francisco... >> al jazeera america, take a new look at news. >> start with o

california's not as bad, and then finally, california is well funded. i think it's important to hone in on this. take away the federal exchanges for a second and just look at the 20 states implementing it. how do you explain the massive wide variation in implementing essentially the same project. >> some has to do with the management. a very good management, a very experienced head in california, and also in connecticut. so management has something to do with it. you see this in connecticut too. we don't underestimate how important it is to use the bargaining power it has. number two it forces insurers to compete on price. and third, it makes the technology a little easier. i don't want to overstate that, but where there's a simpler system with fewer benefit packages, the technology is easier. and obviously that's one thing that we can state is very, very important. when you're going to work working on implementation on this law, how much does a political threat from republicans hang over what you were doing? >> well, it hung over it a lot. it hung over

he wins big in california. it is too late for him to make the battle in rhode island, in new jersey. he tells voters to check off uncomplimented on their ballots. uncomplimented wins those states. jerry brown was pretty much a national political sensation in 1976. they use all that late momentum from all of those late victories to steal the democratic nomination from jimmy carter at the convention. it was a long shot. he actually came close to pulling it off. with carter facing a challenge with ted kennedy, there wasn't room for anybody else. his political career kind of crumbled. he lost popularity in california. he worked with mother teresa. he studied zen buddism. he came back years later a changed man, a man forgotten by the political world, an outsider, something of a radical. he ran for president this time in 1982. this jerry brown had no patience at all for the political system, no patience for politicians like bill clinton. the whole system was corrupt, jerry brown. that was his message. he had no probl

. >> early-august, southern california - the hills outside los angeles are on fire. >> california's governor has declared a state of emergency. we've just arrived on the scene. the situation is critical. >> the entire mountainside is smoldering. this thick acrid smoke smell in the air and we're following this strike team now right into the top of the mountain to where the fire line begins. >> for this blaze, the combined might of the firefighting forces of california is on full display. in just 24 hours, the costs have already run into the millions. >> it's been a busy season. it started really early for us we had pretty significant fires in may which is pretty rare. it just seems like a lot of fires are burning. as far as the outlook for this season. it's going to be a busy one. >> these are serial conflagrations now, and they're magnifying themselves, and the costs are enormous. >> costs like this sprawling "fire camp" that's emerged overnight to support the thousands of personnel deployed. you think of how much money they spend in one of these camps. there's a lot of people here. there's

costa of california. the chair: the gentleman from california is recognized for two minutes. mr. costa: thank you very much, mr. chairman. i want to thank my friend, the gentleman from new york, fellow co-chair of the natural gas caucus, mr. reed, for the time. places like the san joaquin valley, which i represent, are still struggling to create jobs in the wake of our great recession. energy production is a game changer, not only in california but around the country. these are exciting times with the finds in the mar se ulous shale, the barnett, the balkan and the monterey shale in california which is estimated to be as large if not larger than the others that i've mentioned. those who doubt the ability of states to regulate the oil and gas industry, i urge you to look at my home state of california which has put forth a long-term plan for responsible production of natural gas that the governor signed into law last month. many other states are taking their lead because we know one size doesn't fit all. and therefore i think that is a preferred approach. as all of us in the house

the reason called california. you might remember in 2012 elections that was a huge victory for progressives. california obviously voted for president obama. democrats in california within a 2/3 super majority in the state legislature that way. it wasn't just a victory for democrats, california voters overwhelmingly voted to raise income taxes to fund public education. they voted to ease up california's mandatory three strike sentencing law. a big night in california except for one big loss, heading into that november 2012 election when californians were asked if they support labelling jen ittingly modified organisms, californians said yes by huge margins. on the ballot, prop 37. and californians supported that kind of labelling by huge margins in the polls until ads like this started flooding the state. >> they would create a legal nightmare. this ill lodge gal unfair labelling proposition makes no sense and would increase costs for california farmers and food companies by over $1 billion a year. >> administering

but it's a different story in california. they support the president's decision to let insurers renew plans. joining us from san francisco, mr. jones, if the healthy are not subsidizing the sick, if the young are not subsidizing the old, won't premiums go up for those who are not part of the system? >> reporter: well, allowing people and individual policies to renew their 2013 plans and 2014 plans will not be fatal to the risk pool. we're talking about people that have been given assurance, a promise that they can continue with their existing plans. but some of theming are go to move into the exchange because they're eligible for a premium subsidy . the other thing to recognize are the robust risk measures in the affordable care act. risk adjustment that will allow those plans that have a disproportion nat of sick people to get payments to offset those costs. it's certainly not fatal to allow people to renew, but conversely they were told they could stay in their existing plans, and i think they should be able to if they deci

why bury them in the middle of the california desert? an investigator with the coroner's office reaches out to the justice department, asking them to check for any records of a missing family of four. it isn't long before the justice department tells investigators here to look at the mcstay family case. this is joseph mcstay. his wife summer and their two little boys. nearly four years ago, february 4th, 2010, they vanished from their home in california, north of san diego. 15 days after the mcstays disappear, investigators enter their home for the first time. there are no signs of forced entry. and nothing seems to be missing that is except the mcstay family. inside, investigators find a puzzling scenario. bowls of popcorn in front of the television, eggs on the counter along with a banana. outside, the dogs tied up in the yard. did the family leave on their own in a hurry thinking they would be back? or was it something more sinister. did someone they know and perhaps trust force them to leave. do you believe there's any possibility th

california. >> thank you, ali. >> and mike, what is your story? you were one of these guys who didn't qualify for a subsidy? you went--got onto the website and what happened? >> well, i received a letter from anthem blue cross, and it said that my policy was discontinued because it no longer qualified under the terms of the affordable care act. at i did go on the california care website. it's very complicated. it was down for about an hour. i was able to come up with a few plans that i might qualify for. no subsidy, of course, but i wasn't able to get any kind of prices or anything like that. if i don't get a new plan by december 15th, anthem blue cross will put me on a comparable plan that does qualify, and my premium will go from 483 to $961 a month with an increase in my deductible. >> now is that for exactly what you were getting, or is that the anthem plan that will then meet the obamacare mandates with all those coverages that your may not have had? >> yes, it's an them plan that will meet the essential elements that required under the affor

. >> mmm, california. beautiful. >> thousands of californians are signing up every day for new health care plans, all across the state. >> literally -- >> folks have fought us every step of the way. >> i do not like them in a box. >> the joker? not him again. >> we have kept on going. >> literally -- >> states like california are proving, the law works. >> oh, no, you can't! >> i shall notten inferred by that insidious unconstitutional -- >> no more super villains, because bat kid cleaned up the streets. >> here comes ted cruz and darrell issa, tweeting out about what a wonderful story this is. >> that wasn't good enough. >> but they forgot the other kids in this country. who are going to be affected by their vile attitude towards health care. >> no more super villains. we're going to make sure that everybody in the california and everybody in america who needs help is going to get it. >> good to have you with us. thanks for watching. the president is on the road, collecting positive stories about somethin

the gentleman from california. mr. waxman: mr. speaker, i yield two minutes to the gentleman from oregon, member of the ways and means committee , mr. blumenauer. the speaker pro tempore: the gentleman from oregon is recognized for two minutes. mr. blumenauer: thank you. i appreciate the gentleman's courtesy. the expectation that somehow the elements of the affordable care act would not be implemented is simply false. people can keep health insurance, but there are always going to be the new standards to make sure that people no longer have insurance in name only. that's what we heard about repeatedly in the efforts to try to reform the health care system. people had great health care plans until they got sick. we have minimum standards going forward. and all plans will be required to meet those standards. that was in the law and that is reasonable. we are in the midst of the greatest, most significant reform of health care in a generation. and it's already having significant effects. medical inflation, medical cost inflation, is

johnson says california has one of the best calculators of the new exchanges. in the meantime, news from the golden state. the board that covered california decided against president obama's insurance fix and will not let insurers fix cancelled plans. they are joining massachusetts, new york and this is where the enrollment is going well so they don't want to disrupt that. >> bertha coombs, appreciate it. >>> coming up, a look at baltimore's leaky infrastructure and the money being washed away with it as mission critical, fixing american cities continues. >>> google is coming out with something new. they will offer a prepaid debit card so you can pay at stores and withdrawal cash from atms. it's called the wallet card because it's tied to a smart phone app that works like paypal. the card will be free with no monthly or annual fees. >>> shares of tesla have taken a pounding after a series of battery fires but owners of tesla still love their cars and a new consumererer port says tesla model s received the highest customer satisfaction rating of any car the maga

and why bury them here in the middle of the california desert? an investigator with the coroner's office reaches out to the justice department asking them to check their records for any missing family of four. it isn't long before the justice deputy tells investigators here to look at the mcstay family case. this is joseph mcstay his wife summer and their two little boys. four years ago, february 4th, 2010 they vanished from their home from fall brooke, california. investigators enter the home for the first time. there are no signs of forced entry, and nothing seems to be missing, that is, except the family. inside investigators find a puzzling scene. bowls of popcorn in front of the television, eggs on the counter with a banana, outside another surprise, the mcstay's dog tied up in the yard. did the family leave in a hurry thinking they would be back or something more sinister? did someone perhaps they know and trust force them to leave? >> do you think there is a possibility the home and the scene inside the home was staged? >> that's one theor

let's face fact we're not california. california pizza that is -- (bleep). i say with this all due respect to california that is a pile of (bleep). i will tell it what you ain't -- >> it ain't chicago pizza. d. jon: thank you ax é9;'úhhpnp' @át2il@n[n [cheers and applause] >> jon: welcome back to the show. [cheers and applause] it was quite tasty. [ laughter ] let me explain something very quickly. here is how badly rob ford -- [laughter] -- has (bleep) canada. >> this might come as welcome news for toronto this morning when it comes to cocaine and politics, canada has no monopoly. >> jon: toronto, canada s now the go-to shorthand reference for cocaine stories. me and my friends tonight are going to canada, if you know what i mean. we're going to canada tonight, if you know what i'm talking about. we're going to canada and get so elected. so elected. tell me what political body has joined the queen city in the electoral nose candy club. >> about 30 minutes a u.s. congressman is due in court to face a charge of cocaine possession. >> jon: a u.s. what -- sh

the gentleman from california is recognized. mr. royce: i thank elliot engel should be proud of this bill, he's the original author of the house-passed version, and i would say that in the interest of expediting this measure he and we in the foreign affairs committee worked frankly not only across party lines but across chambers in order to draft legislation that preserves congressional prerogatives that advances u.s. interests and as mr. engel said so sussstinketly, that saves human lives and this senate bill does that. it achieves this objectives and we worked in tandem with the senate in -- on eliot's original draft to get this done. now, this doesn't affect spending, it doesn't affect revenues. it does not create any new policy provisions. i want the members to understand that. it is a streamlined bipartisan measure that does extend critical pepfar authorities that expired, and it maintains the gains achieved through the 2008 re-authorization process. i'd also like to recognize, besides the leadership of mr. engel on this bill t

we'll bring you these remarks live as we dream of california weather. before using her new bank of america credit card, which rewards her for responsibly managing her card balance. before receiving $25 toward her balance each quarter for making more than her minimum payment on time each month. tracey got the bankamericard better balance rewards credit card, which fits nicely with everything else in life she has to balance. that's the benefit of responsibility. apply online or visit a bank of america near you. so you can see like right here i can just... you know, check my policy here, add a car, ah speak to customer service, check on a claim...you know, all with the ah, tap of my geico app. oh, that's so cool. well, i would disagree with you but, ah, that would make me a liar. no dude, you're on the jumbotron! whoa. ah...yeah, pretty much walked into that one. geico anywhere anytime. just a tap away on the geico app. >>> welcome back, we're here with a special spin as we wait for the president to speak. josh barro remains with us. reminding us what the

. >> if you're one of 113,000 californias who have blue cross blue shield you're in luck. your policy will not be canceled under obamacare. not yet. i'll talk to the man who made that happen. and finding the right ceo to make or break the company. keep it right here. >> we find the fault lines that run through communities. >> the shooting happened about 30 minutes ago. >> companies... >> the remains of the fire are still everywhere here. >> the powers that be at home and around the world... >> not only do they not get compensation but you don't even have to explain why? >> well thats exactly what i said. >> we question authority. >> so you said we could get access... >> that's enough! >> ... and those affected. >> investigative journalism at it's toughest. >> blue shield plans to drop 100,000 customers in california at the end of the year because their policies don't meet obamacare requirements. now under obamacare plans must include things like pediatric dental care, maternity care, a bunch of things that has to be done. main have policies that don't meet these mandates.

what we have in california is a proof of concept. joining me now former senior advise advisor i guess the administration has to take the good news where it can get it and here in california is one of the biggest sources of good news. >> there is no doubt about it. what it proves and you have seen it in other states the demand is there and the program works. so this is really encouraging. and as you point out the sign up of the younger americans, younger californians into the program is is a very good sign. we remember that in massachusetts when they passed their health care law in 2006, only 123 people signed up in the first month and the rush came at the end. so all of these are -- these are good signs for the exchanges and for the affordable care act. >> david, i hate to quibble with a nobel prize winning economist but i think that paul has not compared the correct numbers or the ones that are most relevant to the measurement of success in california. it is true that about 22% of the population is 18 to 34 years old and 32.5% of ne

marines were killed at camp pendleton in california. they were clearing unexploded ordnance from an artillery range when something went wrong. none of the marines has been identified. the accident is under investigation. today we saw a government audit that says that nearly a billion dollars has been poured into a transportation security program that may not be making americans any safer. and we asked bob orr to look into that. >> reporter: at washington's union station we watched these two men with backpacks as they watched everyone else. they are undercover behavior detection officers trained to pick out bad guys by looking for expressions of fear, anxiety or deception. since 2007, the transportation security administration has spent $900 million training and deploying 3,000 behavior detection officers. those so-called b.d.o.s are now stationed at major transit hubs, primarily at 176 of the nation's busiest airports. but a new report from the government accountability office questions whether b.d.o.s are effective concluding: b.d.o.s

host: given california's population, how much will california power be generated from this? guest: this is all going toward california. technically, the electrons will go where they need to go. all of that energy is provided to california. manyis just one of projects california has undertaken in the solar and wind and geothermal biomass-based. -- biomass base. the power plant will be the largest of its kind in the world. by the end of this year, in this category, concentrating solar almost 800e will be megawatts installed by the end of this year: online. online. host: who are your investors? source is at technology company. our investors include vantage point, many traditional venture capital investors. host: what about the taxpayer? guest: the taxpayer is providing a $1.6 billion loan guarantee for this project. host: this comes from the federal loan guarantee program indra.ive money to cyl how confident are you this will succeed and that taxpayers will see their investment succeed? a technology perspective, this is not the first project we have built. it is the first at it

. >> reporter: in phoenix, las vegas and sacramento, california. listings there are up 93% from a year ago and sales are down and few farer are distressed home s. >> i think it's the invest tors lightning the load. it makes sense. many are sitting on serious gains. >> reporter: some investors are realizing that the cost of carrying and constantly repairing these rental homes is more than they bargained for and if they can find better yields somewhere else, they will not hesitate to go get it. i'm dianna olick in washington. >>> some homes have homeowners under water. why some cities are considering using imminent domain to fight foreclosure. >>> a stunning attack on wall street today. the global economic system and the idolatry of money and came from an unlikely source, pope francis. eamon javers has more on the pope's controversial comments. eamon, i understand this was from an 84-page document from the pope. >> it's the first major written document that we've gotten from this now pope, pope francis. this document today is an expansion on what the

in california, medicaid applications have jumped by 135,000 since october 1 and the projection is for 1.4 million new applications in 2014. that's the most of any state. the problem is that there aren't enough doctors to treat them. ben tracy tells us what one medical school is doing about it. >> reporter: california's shortage of primary care doctors has left jennifer han in the unique position of starting medical school and not having to worry about the cost. you'd be racking up $36,000 a year in medical school debt. >> uh-huh. just for tuition. >> reporter: just for tuition. you're not going to have to pay that. >> i think it's an amazing deal. (laughs). >> reporter: han is the first student at the new university of california riverside medical school to get this rather unique deal. >> basically, you get medical school for free. >> reporter: dr. richard olds is the dean. with money donated to the school, he's planning to offer five full-ride scholarships to students who agree to stay in the area for five years after they graduate and choose primary care rather than the more lucrati

the gentleman from california is recognized. mr. waxman: mr. speaker, i yield myself three minutes. the speaker pro tempore: the gentleman is recognized for three minutes. mr. waxman: this bill is not a bill to let people keep their health insurance plans. the president took care of that issue yesterday. what this bill is another vote to repeal the affordable care act. it would take away the core protections of that law. this bill creates an entire shadow market of substandard health care plans. it will destabilize the health insurance exchanges, raise premiums, and continue to allow insurers to discriminate on the basis of pre-existing conditions. the bill takes away the core consumer protections and a part of the law. under the republican bill, insurers could cherry pick the best risks and destabilize the insurance market for everyone else. that's why we would have them repeal the law people would still be out of a chance to get insurance. i understand the concern of many members that individuals should be able to keep their healt

they will be forced into california's insurance coverage, known as covered california, where there are no plans with coverage for their doctor that they use now since they live near the state line of oregon, they get their health care on the other side in oregon at facilities there, doctors there. they will have to drive maybe two, three hours to reding or somewhere else to find new physicians. so they live with the constant fear that their new policy will not provide coverage when they need it. janice from reding writes, i received a letter from aetna saying my medical coverage will be canceled at the end of the year. she is 62 and has to wait 2 1/2 years when she will be eligible for medicare. her premium will jump to over $500 from $300. the promise by mr. boim, the -- mr. obama, if you like your health care you can keep it, she feels is a lie. lastly, i have time -- this one is really disturbing. a lady named ramonea from redding, california. she was diagnosed with stage three ovarian cancer in july. her current plan, she was able to get the surgery and treatment she needed. a very

was purchased in california. >> schieffer: all right. senator, thank you so much. >> you're very welcome, bob. >> schieffer: now to lansing, michigan, the chairman of the house intelligence committee, mike rogers. congressman, what about this idea, you heard what senator feinstein said about granting clemency to edward snowden and bringing him back to help investigate the national security agency. >> well, the only investigation here is to what extent he knew about the material that he stole and who else he worked with. certainly the russians are not allowing him to stay in the country of russia because they think he's just a nice guy there. is clearly more to this story. i think that is a -- if he wants to come back and open up to the responsibility of the fact that he took and stole information, he violated his oath, he disclosed classified information, that by the way has allowed three different terrorist organization, affiliates of al qaeda to change the way they communicate, i'd be happy to have that discussion with him. but he does

the gentleman from california 3 1/2 minutes remaining. mr. upton: at this point i yield one minute to the gentleman from north carolina, mr. meadows. the speaker pro tempore: the gentleman from north carolina is recognized for one minute. mr. meadows: thank you, mr. speaker. i rise today in support of h.r. 3350, the keep your health plan act. i'd like to thank chairman upton for bringing this bill forward. despite president obama's reassurances that if you like your health care plan you can keep it, 3.5 million plans have already been canceled because of obamacare. . cynthia told me about her family recently. she and her husband and three boys have a premium that was $300, has now risen to $1,206, mr. speaker. now, the rhetoric from the democrats have said that the republicans are only interested in pushing for a repeal of the health care law rather than fixing it. but this is just not true. so far this congress, republicans have introduced 102 bills designed to fix the broken areas of obamacare. the democrats by contrast a mere 17. republica

lowenthal of california. the chair: pursuant to house resolution 419, the gentleman from california, mr. lowenthal, and a member opposed, each will control five mins. the chair recognizes the gentleman from california. mr. lowenthal: thank you, mr. chairman. i yield myself such time as i may consume. the amendment i offer today maintains the interior expect's bility to review oil and gas activities for significant impacts on public health and safety among other extraordinary circumstances. while predictable, it's unfortunate that the majority again and again a willing to out base exhealth and safety protections in order to speed up oil and gas extractions for industry. whether it is in this oil and gas industry bill today, last week's mining industry bill, or tomorrow's natural gas industry bill, the majority's common theme is getting rid of transparency and protections for public health and safety and threatening our environment in the name of increased profits for industry. this is not ok with me. this is n

and we have another california-centric question here. how about you've got a market in california that is heavily penetrated by hmos, and the questioner wonders how the reference-based prices for anthem's ppo compare to the prices in california hmos. the prices that they pay. >> well, the hmo in california in general is significant, although it's actually decreasing gradually over the past few years, and the ppo is increasing overall. but there's still a very large number of hmo members. in most cases as far as anthem goes, the hospital pricing is a contract between anthem and the hospital. so the professional component is where the capitation occurs on the hmo side with the exception of about 15% of our network which is in a full risk or more of a global capitation setting. so the answer, in short, is that the hmo is not currently part of this initiative. and the prices paid at those institutions are the prices that the standard anthem price. >> and, actually, this is a related question, at least poor country lawyer thinks it's related.

and john blackstone is looking at this. >> reporter: california's state exchange-- covered california-- has run an aggressive advertising campaign. their latest numbers show more than 2,000 people a day have been signing up-- almost 80,000 californians have now picked a plan. but that success comes with a potential problem. insurance plans depend on creating pools with many more healthy policyholders-- the young-- than sick ones, older americans. that reduces the risk of losses for insurers and keeps prices affordable. but in california, the young-- between 18 and 34-- make up only 23% of those who've signed up. 56% are age 45 or older. marian mulkey of the nonpartisan research group california health care foundation. >> it's not surprising to me that the early enrollees do tend to be older and perhaps more aware of their health care problems. >> reporter: so you're not concerned that young people are taking their time to sign up, whereas older people are rushing in, perhaps? >> if there was nobody in that category, i'd be worried already, but i would expect it to ramp up over time. >

so they're spreading 75,000 wasps throughout california to try to kill this bug. it has already killed thousands of jobs in florida. that's why growers in california are spending $15 million a year to try to attack this disease before it potentially kills their bottom line. >> thank you very much. we are not done yet. the news deck rolls along. ladies and gentlemen i'm here to say a few words about the power of baking stuff with nestle toll house morsels. you can heal a broken heart with a bundt cake. make a monday mornin' feel like a friday afternoon with some nestle toll house morsels. let's close our laptops and open our ovens. these things don't bake themselves. we have to bake them for one another. we can bake the world a better place one toll house cookie at a time. nestle. good food, good life. >>> on this day, in 1963, at about this time, the nation was crowded around television sets, and the news was deep in the coverage of the story that changed america forever. with the crack of a rifle a young president was dead, and if you were old enough to remember

and what's wiping out the starfish in california? when the "cbs evening news" continues. >> >> pelley: we've found evidence of construction problems on the most controversial pipeline in a generation. the keystone x.l. is designed to bring crude oil from canada to refineries in texas. supporters say it will create thousands of jobs and help energy independence, but opponents worry about damage to the environment. anna werner has been investigating. >> you're standing on top of the keystone x .l. pipeline right now. >> reporter: crews finished laying the southern half of the keystone oil pipeline through david whitley's texas property last year. so he was surprised in may when a work crew began to unearth the pipe. >> i asked, "is there something wrong?" that's exactly what i said. "is there something wrong?" they said, "no, we just want to visually inspect a small section of the pipeline." >> reporter: whitley took video of the section they dug up. it had been laid on top of a massive rock. workers wrote, "dented, cut out." so what w

three in california. strong winds brought down trees and powerlines. winter storm warns are in effect for parts of california through today. they are the headlines, i'll be back at 8:00 pm eastern. "real money" with ali velshi is next. for updates go to aljazeera.com. >> jpmorgan chase, paying a hefty price for its part in the collapse. also a small city is making a big promise. kids who graduate high school will get free tuition. plus beyond twitter. the search for the next hot tech ipo. this is real money and i'm ali velshi. this is real money. you are the most important part of the show so join the conversation with the @aj real money. on twitter. >>> j.p. morgan disagreed on tuesday, to pay a whopping $13 trillion, $8 billion will go to settle claims made by various federal agencies. another $1 billion will go to five states that sued the bank. but here's what might be the moss interesting part. about $4 billion will go to consumer relief. now of that $4 billion, about half, will go to actually reducing the principal on j.p. morgan-head loans. wher

and as we're learning right now, california may be the hardest hit by this of all. joining us now our investigations correspondent chris frats who has been investigating what's going on, specifically in california. what are you learning? >> that's right, wolf. we've learned about a million peep in the state of california got cancellation letters. it has 38 million residents. this is getting a lot of attention. who are these 1 million people? people ho had private health insurance. under obama care, all insurance policies must include ten essential benefits things like maternity care and prescription drug coverage. so if your plan doesn't meet that criteria, the insurance companies send you a cancellation notice. some private insurer will offer new plans. but for some people that could increase premiums. for other people who might qualify for a subsidy under obama care, it could be cheaper. >> what do these million people who just lost their policies in california supposed to do. >> there's a reason that they're doing this. that's because the obama administration wan