>> chevy supports the 2009 roberto clemente award. cast your vote at chevy.com. well on the days that we help someone move from the shelter to permanent housing... those are the best days. i reached inside the window and it started right up. it made us feel like if that truck could keep going, then we could all keep going. chevy . the most dependable, longest lasting full-sized pickups on the road. this is my truck. chevy silverado. america's best truck. hc

people think that honda is always the most fuel efficient choice. well, this chevy cobalt xfe has better highway mileage than a comparable honda civic. this chevy traverse has better mileage than honda pilot. the all-new chevy equinox has better mileage than honda cr-v. and chevy malibu has better mileage than accord. however, honda does make something that we just can't compete with. it's self-propelled. there's never been more reasons to look at chevy. >> tim: i am back with a man who's played three major league positions in nine years. i'm talking about michael young, the third baseman with the texas rangers and michael, when you

graduated from high school, you admitted that you were not prepared to sign professionally. >> yeah. >> tim: is that right? >> no shot. i wasn't ready, yeah. physically, mentally. you know, i had one scholarship off tore u.c. santa barbara. you know, the orioles drafted me out of high school and i wasn't ready. i figured going to playing with a wooden bat every game would wear me down. i just felt that physically i was nowhere where i wanted to be. i was still a center fielder coming out of high school going into college. i felt like i had some work to do. i definitely had any eye on the draft three years down the road but i knew i wanted to go to work in college and get better. >> tim: what did you do to prepare yourself to use a wood bat later on? >> i used a wood bat when i went to college. by the time the draft rolled around when i was in college i

was definitely ready to go. the only -- pretty much the adjustments i had, the wood bat thing didn't bother me one bit. i was ready to go right when i signed. i had to get used to playing every day, getting used to that grind. >> tim: why do you think moving from center to shortstop helped you? >> i think, first of all, you have to love what you're doing. i love the idea of playing short. i felt like my skills were definitely best suited to playing shortstop. >> tim: why is that? because of a reaction? >> yeah. first of all, i always enjoyed it. i felt i could have a better impact on the game playing shortstop. i felt i could help my team win more games playing shortstop. you know, handswise, arm strengthwise, i felt like that was my best shot. my college coach agreed and i got drafted and went out and played. >> tim: you're finding out a lot this year about how the ball is on top of you in a hurry. >> no doubt. no doubt. we got -- we were in detroit, i think it was first week of the season, and we had an infield situation, late in the game, tight game.

>> tim: infield -- like runner on third, one out, where the guy is going on contact. >> i think it was second or third. you know, maybe -- i think there was one out. >> tim: you're on the edge of the grass. >> i look up and miguel cabrera is 60 feet away. and i thought, i don't know if i like this one bit. then he smashes it at me. but, you know, i have gotten used to it since then. but, yeah, that was -- that was definitely one of the biggest things i had to learn about playing third. >> tim: they call it the reaction position for reason, right? >> no doubt. i've got used to the right-handed hitters turning and it's the left-handed hitters where they catch deep and hit a rocket at you that can be a tough play. even though you're ready you're not ready for a lefty to do that. robbie cano hits those real deep and hits it toward the third

base. >> tim: and the ball is squirting away from you too. >> sometimes they can cue it down the line a bit. there's something new i'm learning about third base and that's been really enjoyable. >> tim: joe torre told me this story when he switched from catcher to third base. that one of his drills was to put his back to home plate and then -- and then turn, pivot and make the play. and make a play on the grab. i mean, i had never heard that, but one of the instructors in the minor leagues, george kissell, had him do that and it improved his instincts and reactions at third. >> right. i mean, i think a lot of guys do a lot of things to help them play well. as a matter of fact, one of the things i didn't want to do too much when i went to third, is solicit too many opinions. i wanted to trust my own eyes and figure out what was best to

me. when i got to spring training, i took our -- dave anderson, i took him to the side of the field and i got on my knees, i said, lean on a couple and i wanted to use my hands, back hand a couple here. >> tim: without moving your -- >> i'm on my knees, so my feet are completely out of it. i'm using my hands on everything. i knew i had plays during the season where i had to depend on having soft hands and really reacting to balls that were hit hard down there. >> tim: you do have soft hands, you have a soft heart too. that's what brings us to the -- to your involvementith the wipeout cancer for kids. >> yes. >> tim: how did you get started in that? >> my wife christine and i got started in that six or seven years ago. it's a fantastic organization in dallas that we immediately gravitated towards. we have gotten to meet great families, great parents, obviously some incredible ds. and you just talk about an absolute eye opener for kids who have just more courage than i can imagine.

and it's been something that we have really enjoyed doing. we look forward to kinof expanding our role in that in the future. and, you know, i couldn't say enough about the time that christine and i have had working with the kids. it is incredible. >> tim: i'll be back wit a final segment with michael young of the texas rangers right after this. pharaohs serves the finest italian cuisine in a warm, cozy setting in manhattan. for an affordable and delectable business breakfast, lunch or relaxing dinner or drinks, pharaohs is open until 2:00 dail introducing the all new chevy equinox. with an epa estimated 32 miles per gallon. and up to 600 miles between fill ups. it's the most fuel efficient crossover on the highway. better than honda cr-v, toyota rav4 and even the ford escape hybrid.

the all new chevy equinox.

>> tim: his texas teammate jason botch once said that michael young has done unbelievable things each year he raises the bar on what he wants to do and accomplish. i guess to go over it again, the

one thing left to accomplish is to get to the postseason. >> without a doubt. it's really all that drives me right now in this game. individual things are great. i think every player will say that. at the end of your career there are things you can look back on and be proud of. but all i really want to do is win. i want to visualize that dog pile on the field, the champagne in the clubhouse and it drives me at this point to think about that. >> tim: what's going to drive you after your career is over? what do you want to do with the rest of your life in six or seven years? >> my biggest thing is spending obviously a lot more time with my family. you know, being a baseball player being away from home is difficult enough. so when i get my time to be with my wife and kids at home it's something i want to capitalize on. but i love baseball. i mean, i have always just really loved this game and i don't think i'll ever have a huge role in ter of the travel that i still have. but i always want to be affiliated with the game in some way.

>> tim: i think you're a nice young man and thank you for being with us. >> thank you. >> tim: michael young of texas áá"

>> simply, our health care problem is our deficit problem. nothing else even comes close. nothing else. president obama laying out his agenda on health care reform to a joint session of congress this week. we're back with more discussion on the lessons and the outlook from one year of financial crisis with columbia university's joseph stiglitz, nobel laureate in economics. liz ann sonders and david wessel. the president clearly stated that health care reform is key to economic reform. do you agree? >> yes. i mean, obviously over the long run he is absolutely right. a major source of our deficit,

but there are other things as well. >> 29% of americans are covered by government insuranc according to the most recent census department figures. the uninsured rate is at 15.4%. can this $900 billion proposal change the situation? >> yes. it is the beginning of the process to change our health care system to bring down costs. for instance, one part of it is a tax on -- or one way of putting it, withdrawing the tax exemshoj shon that we have for the luxury health care plans, increase the demand and one part of the system, drive up overall health care costs, using that to finance the uninsured who we all pay for, because when they go to thhospital tshg adds to our bill because, you know, we're not a society that will turn somebody away from the hospal. >> right. >> and the result of that is we all are paying for that, but we're doing it in a very inefficient way. >> one of the issues, i think

going into 2010, and liz ann, let me get you to weigh in on this, is that managers don't necessarily want to add to their work force right now. they're not going to increase their hiring levels because they're afraid of this uncertainty, they're afraid of the possibility of hirer taxes, cap and trade. they don't know what 2010 is ing to look like, and they're not going to add until we have unemployment remaining to be an issue. is this altering your investment strategy at all? how has this changed you? >> no. i don't think there's something terribly unique about this environment in terms of what the job situation is likely to look like compared to 2001, compared to 1991, both of which were jobless recoveries, and in this world of greater efficiency and productivity, there is this desire for businesses and ability for businesses to ring as much out as they can without going back to the employment wealth. that is going to be a characteristic of this recovery. that is some of the leading indicators for jobs, but the decline in the unemployment

claims are now moving in the right direction. we now look at the leading versus the lagging measures of employment to get a sense of that trend. >> the good news out of this, i guess, david, is the savings rate is rising. on a personal level, people are a little more conservative. was this shock enough to change the personal finance views of the average american? >> well, we'll have to see. it's kind of unfortunate good news, because it hurts consumer spending. >> right. in the short-term, but in the long-term americans didn't save enough. my opinion is that americans are quite shaken up by this period. the most of us believe that the one thing that would never go down is the value of our house, and a lot of us had come to expect that our 401ks, our retirement plans would -- they might go up and down, but they were pretty safe and same with our kids' college savings accounts. they took a big hit on this thing, and so people are naturally going to be a little more cautious, and this may -- we may look back on this and see it was a huge change in consumer behavior. one sign i see is that the

consumer products companies, procter & gamble, they are clearly planning for that kind of a world. >> so liz ann, you have made the point before that you don't know that you are in a bubble when you are in a bubble. are there other bubbles right now that we should be aware of. how do i want to invest over the long-term? i know you're a long-term thinker. >> i think probably the most commonly talked about potential bubble is in treasuries, gin the ma rush to that safety that treasuries offered, and given that for a short period last year we went into negative territory in terms of the yield on treasury bills where investors were willing effectively to pay money to have their assets in the safety of treasury. there aren't any imminent reasons to think that we're going to see a huge back-up in yields which, of course, would bring prices down and start, i think, to bring more people out saying, you know what, we may have had a little bit of a bubble, but it's certainly the asset class lately that has attracted the most attention by far, and i think it's because of

this truly unprecedented risk aversion that kicked in last fall, and the rldzization, and frugality is the great thing. it's not that 70% of gdp is drin by consumption for the economy in the short-term, but in terms of the financial fitness of the household sector, the private sector, i think it's actually a very healthy path that we're on, even if it's longer lasting than some that would see the economic growth itemz of that. dmroo clean up your own balance sheet. yeah. we'll leave it there. great to have you all on the program. thank you so much. joseph stiglitz, david wessel, liz ann sonders.

this is onstar a stolen blue chevy tahoe, south on i-75, near exit 5. we're on it. onstar, we may have that tahoe. ok, i'll flash the lights. we got it. it's in the clear. i'm sending a signal to cut the power. we got him. mr. ross, the police have recovered your tahoe. but i've still got room for the internet. with my new netbook from at&t. with its built-in 3g network, it's fast and small, so it goes places other laptops can't.

i'm bill kurtis, and i've got plenty of room for the internet. and the nation's fastest 3g network. gun it, mick. (announcer) sign up today and get a netbook for $199.99 after mail-in rebate. with built-in access to the nation's fastest 3g network. only from at&t.

check out our website wsjr.cnbc.com. you'll also find a link to my new blog, investor agenda.cnbc.com. now a look at the stories coming up in the week ahead that may move the markets and impact your money this upcoming week. monday president obama is set to deliver what the white house is calling a major speech on the financial crisis. he will be at federal hall in new york city.

on tuesday the producer price index is released. that measures the cost of consumer goods at the wholesale level, and the total retail sales report for the month of august also reported. also, the united nations opens the 64th general assembly in new york on tuesday. wednesday the latest consumer price index will be reported. that tracks the cost of consumer goods and is a key indicator of inflation. on thursday a look at the housing markets. the commerce department will report the number of new residential units that began construction in august. always important to check out the health of housing. and that's it for us for today. thank you for being with us. next week we go back to school. my special guest new york school chancellor joel cline. make sure you keep it right here where wall street meets main street. have a great week, everybody. i'll see you again next weekend. 5

>> announcer: the following is a paid advertisement for ab rocket and the ab rocket fat blasting system. >> this is great. >> it feels like i'm rocking in a chair. [laughs] >> oh, i have no back pain. i can't believe it. it just feels like i'm getting a massage. >> it feels like it's working right where the och is. >> announcer: want sizzling hot abs? like these fast?y results introducing ab rocket, the ab training secret that takes painful, boring ab exercises and makes them easy, fun and effective. know that struggle to lift your neck and back with crunches? no more. with ab rocket, just sit and relax on the backrest and rock back. it's that easy, and takes just five minutes a day. this fun ab training system has everyo talking, because it's taking stress and pain away from ab exercises and helping deliver incredible ab results

like these fast. just look at the results these people achieved in just 30 days. >> the ab rocket was... it's absolutely wonderful. although i do feel it, i'm not hurting. i lost five inches total all over. the results, you know, they show. >> i'm amazed to see that not just in losing the fat and the roll over my stomach, i'm getting more definition, more cuts. it's everything that's needed to get your body in the best shape of your life. >> announcer: with ab rocket, your neck and back are supported on the contoured backrest while it provides resistance as you relax back, so you don't just fall backwards. then the resistance assists you with that difficult upward motion, giving you an easy liftoff. like a soothing massage? well, the soft, cushioned rollers on the backrest glide back and forth for an incredible massage. do the signature ab rocket crunch, reverse crunch and oblique exercises to zap love handles and turn that spare tire into rocket-hard abs. know these fun pilates exercises that are difficult to do on your own? ab rocket is also

a pilates assister. these effective core-shaping moves become easy. >> i had so much fun with it, and, you know, it wasn't like the same old boring gym routine. it really focuses on your core. instead of focusing on your neck or your back, you're just completely focused on your ab muscles, and it was great. >> the ab rocket was amazing. i had so much fun. it was great. >> i like that it supported my back and neck. it made it exciting and fun, and you don't really feel like you're getting a workout until afterwards. that was great. i had a great time and had a really good workout. >> i think what's so great about the ab rocket is that it allows you to stay in the proper form all the time. when you're doing your abs, you just feel like you're supported where you're supposed to be supported. >> the ab rocket's a great machine. it's a much quicker, much easier workout. it's like having a personal ab trainer with you wherever you go. >> announcer: just ahead, you'll see more of ab rocket's ab blasting power and hear about a test that was performed at a major university comparing ab rocket to basic floor crunches that showed at 107% increase in this person's lower ab activity. also, find out about an

incredible 30-day trial offer to try ab rocket in your home for just $14.95 and get free shipping. stay tuned for details about this incredible offer, but right now, let's hear more about this fun ab machine that delivers a rocket ride and helps get incredible results, with cnn correspondent and host of one of tlc network's top-rated shows, overhaulin', adrienne janic. >> when it comes to keeping my body in shape in my line of work, it's tough but necessary. that's why i love an effective new ab training machine and fitness system that can rocket-launch you on your way to abs that are out of this world. it actually helps reducetress in the back and neck with a soothing massage while you do your abs. it's called ab rocket and the ab rocket fat blasting system. with one program, i get a complete ab training routine to target the lower pooch. i can sit comfortably, use the ab rocket while i'm watching tv and get a great massage at the same time. when i'm done, it's so light and compact, i can easily fold it down and store it under my bed. and the results you'll see with the system will astound you.

to talk about the innovative ab rocket technology and how it can be your personal ab trainer right at home... what better person to ask than former n.f.l. player for the new york giants, ty "tinker" keck, who tied an n.c.a.a. record for punt returns. he's currently a renowned strength and conditioning specialist in los angeles and a top personal fitness trainer to some of hollywood's hottest stars. >> for years, i was a pro athlete and currently i'm a fitness specialist with a demanding clientele. and i have to say, the design of the ab rocket is really phenomenal. the ab rocket is great at working the core and it really focuses right on the abs, right where you want to feel it. compared to other machines in the gym, ab rocket really is a phenomenal product. you don't have to worry about the big, bulky pieces of equipment. you can use this right at home. anybody can use it. i think the ab rocket is really incredible because you're taking the abs right in the core, so you get a really effective workout. >> announcer: the ab rocket's secret is its unique resistance cylinder technology. simply sit in the comfortable chair and rock back.