to ben stein, dagen mcdowell. will d.c. see the writing on the wall? >> i think it has.f you think about it, president obama has not raised taxes yet on the income. he's backed off that income, going back to the clinton tax rates. and i will say this, and when you look at what people want, they-- people obviously hate tax increases, but i think the message and i've not seen the definitive poll on this. when you look at it it's nor nuanced. i think a lot of people wouldn't mind paying higher taxes if at least they made a real effort to cut the size of government. and then, people would say, no problem, but they never do. >> forget about polls, we are seeing people vote. we're seeing votes in california of all places and some of the things i've talked about and seeing evidence that people are flatley saying, no tax hikes period. >> unformer the votes aren't happening down in washington, where there's so much uncertainty about the future of tax rates and you're talking about how corporations behave. do you know how abysmal, the alternative minimum tax and potentially could

to ben stein, dagen mcdowell. will d.c. see the writing on the wall? >> i think it has.f you think about it, president obama has not raised taxes yet on the income. he's backed off that income, going back to the clinton tax rates. and i will say this, and when you look at what people want, they-- people obviously hate tax increases, but i think the message and i've not seen the definitive poll on this. when you look at it it's nor nuanced. i think a lot of people wouldn't mind paying higher taxes if at least they made a real effort to cut the size of government. and then, people would say, no problem, but they never do. >> forget about polls, we are seeing people vote. we're seeing votes in california of all places and some of the things i've talked about and seeing evidence that people are flatley saying, no tax hikes period. >> unformer the votes aren't happening down in washington, where there's so much uncertainty about the future of tax rates and you're talking about how corporations behave. do you know how abysmal, the alternative minimum tax and potentially could

a note on the voting, dagen mcdowell's name was not included other than madame merkel's title would haveeen in serious trouble. dagen: i don't care if i'm in 1500th place. i don't want my face super imposed and have loser leo dicaprio with his arms around me. i could do better than that. ashley: i'm sure you could. dagen: thanks, ashley. >>> the mayor of tampa ready to shut things down on the republican national convention if the weather gets worse. we will talk to him coming up. first take a look at your treasury markets, the yield on the ten year is down. it's down at 1.68%. again, you worry about the economy. there you go. the 30 year down as well. tdd#: 1-800-345-2550 wh i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find unities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-80

i am dagen mcdowell. the drought stricken mississippi, white you need to care. this is a critical transportation route from heating oil to the corn crop in this country. that route is virtually shut down. a plow horse ain't the best looking, but she gets the job done. that is how bryan was very explained the state of our economy. carl rove is here to talk about it in the race for the white house. nicole petallides on the floor of the new york stock exchange. best buy having a horrible day. nicole: we have been focusing on this life for so many reasons. we have been found are trying to take over the company. the board has obviously been fighting that. they have a new ceo under some scrutiny. best buy today is suspending its profit outlook and share buyback for the rest of the year. this is all because their sales have been dropping. they are missing the analyst estimates. they are trying to turn it around. in the meantime, stocks have hit an all-time low. it is that 16.25. dagen: he describes it as a plow horse economy. it ain't going to win the belmont, but it w

i am dagen mcdowell. what this scott minor think. he is here. the coast guard telling fox business ship traffic is now moving along the mississippi river. we have pictures of just about the water water levels are among that river. breaking news in new york city. a deadly shooting outside the empire state building. a press conference starting right now. of course, it is the top of the hour. stocks now and every 15 minutes. lauren: big winner today. as you can see, it is up 2.5%. the volume is pretty big. that is news for eli lily. as for the overall market, it returned to positive territory here. they could possibly break before the four-day losing streak we have had. about ten points away right now. up arrow for all major, all three major averages. dagen: is the gold standard coming back? a gold commission will be put together as part of the party policy. let me ask scott minerd what he thinks about all of this. first off, scott, is from a practical perspective, there is not enough gold in the world at this point is there to back all of the curr

according to the case shiller price index, earlier today dagen mcdowell off one of the co-authors of study if we have seen a bottom. >> i think it's too soon to call it a bottom. but it might as well be. i think some people will be kicking themselves that they didn't buy now. i just can't be sure. that is the problem. too many clouds on the horizon. tracy: are those clouds going to rain on the housing great? grade? joining us now is jeff rogers. integra realty resources. jeff, so glad you are here. there are other issues. for one, the shiller report is only 20 cities. it doesn't include connecticut, which is still struggling. >> that's right. tracy: we are not taking into account all the foreclosed properties that are out there. >> we are not yet. but if you take a look at what is happening. we are on a very positive trend. if you look at all the metrics right now in the last quarter. with respect to housing. it is very positive of a trend. the trend is going up. i called the bottom a few months ago and every month is getting better and better. if you take the case of case shiller, i

i am dagen mcdowell. some deal may be made on tax reform. is that a good, no, make that great thing. money drying up with the mississippi river. receiving shorelines and low water levels. the place to look for a job if you belong to generation y. it is the top five employers for this generation. and, no, google and number one. stocks now and every 15 minutes. nicole petallides on the floor of the new york stock exchange. nicole: del has a tough quarter. here is a look at dell. down seven and a quarter percent. their outlook is below the analysts expect. asian companies, as well as apple. this is a test go of it for dell. it is only for pennies away today from its multi- year low. that is what we are looking at. let's take a look at the major market efforts. we are selling off here. down 55 points on the dow. dagen: is the mortgage interest deduction cherished by the real estate lobby? the platform weeding out a full-blown endorsement of keeping that reduction. it will disappear if comprehensive tax reform does happen. steve moore is here, jo

dagen: i'm dagen mcdowell everybody. tropical storm isaac threatening the gulf coast region. we have the latest details coming to you live from the national hurricane center. the storm rains out day one of the republican national convention in tampa. can the g.o.p. get it -- [inaudible] -- back? and apple's win will set samsung back for years and a whole lot of cash. to the breaking news, the national hurricane center updating us on the progress of tropical storm isaac. live from down in miami, we're waiting to hear from the director of the national hurricane center. let's go to that right now. >> an attempt for the system to try to get better organized, but has not been strengthening so far yet this morning. we can still see the center of circulation on radar, centered a little over 300 miles to the south-southeast of the mouth of the mississippi river. there's still some very distant bands affecting even the eastern part of the florida peninsula. there's still an isolated tornado hazard for central and northern florida. that will spread to the northeastern gulf coast areas