into great depression acts richard financially it's the ultimate ultimate moral hazard isn't into k. too big to fail and when wall street loves that ok they really do. no i mean moral hazard is an enormous problem and i think the regulations part of that so obviously if people think banks are regulated and they're perfectly safe then they won't choose to deposit their money or trade with banks and it looking at history like barclays actually founded by quakers and part of the attraction of the bank was that it was highly trustworthy because of the religious affiliation of. owners but going back to william i mean the year zero which is what i was advocating at all this if there was one currency that was a highly politicized centralized construct it's the euro what i'm actually talking is getting government completely out of banking completely out of currencies and moving to a completely voluntary private system so richard do you believe banks can regulate themselves. yes i do i mean come on in line if you think they can do that we have conclusion. but i'm talking about a situation where t

but coach k doesn't seem too worried hchl's frankly putting his feet up, going out partying with his, the usa, very much the favorites heading into this one as the dae fending champions given their dominance of recent time. but spain, you know, the world's number two ranked team and they have the likes of pau gasol and of course they may be looking for some defense. usa has been dominated. they're looking to emulate the success of the women who put in that sensational performance against france to claim their fifth straight olympic gold last night. >> and yesterday's star, of course, usain bolt setting the world record with the 4 400x-meter. >> he led team jamaica to that fantastic world record gold medal in the 4x100 meter. we saw him on the track with m w farrah. you know what? you go from there and you hit the town. that's what you say bolt did and understandably. he was pretty happy. have a listen i i'm feeling great. i'm feeling happy i did what i did. i came in to become a legend. i am now and i'm very happy. >> are you going to do good tonight? >> hopefully. i need to get insi

. >> you think there's a downside to getting married too young? >> don't ke because i married in my mid 30s. i'm like my own congregation. >> bushel of fawn allen has 21 to 31-year-old singles. he says getting young early is a good thing. >> we had children while we were going to school and we looked back on those times today as the best time of our life, when we were struggling. we don't encourage people to wait to get married. >> folks who get married in their teaches -- teens are much more likely to get divorced. people who get married in the mid 20s are pretty safe when it comes to divorce. ♪ >> nationally, the divorce rate is down from 50 to 43%. among mormons it's about 20%. church leaders say it's because of the strong emphasis on family. one night is set aside each week for family home evenings and also because of the church's teachings on chastity. >> in our faith we don't allow for say premarital sex and i'm sure that does happen, but it's a rarity. and we're teaching them to kind of hang on to their values. >> 26-year-old megan berra got engaged.

k-9 unites and panic. a scene becoming all too familiar at walmart stores across the country, most having one thing in common -- a chilling, robotic-sounding voice calling in a bomb threat warning the stores they have two hours to evacuate or everyone would die. >> a lot of people don't know what is going on. even the employees. they were just being rushed out. >> reporter: from arroyo grande, california, out west to secaucus, new jersey, out east and missouri and kansas in the midwest, 15 bomb threats since friday. the calls each triggering store evacuations and searches. walmart says they are working with investigators to provide any information that might help catch the caller. authorities believe one person is likely behind most of these threats, and they suspect that person is using a spoofing device to make the calls difficult to trace. >> until they determine who the caller actually is, they have to treat every one like they are real. >> reporter: but today, a possible break. investigators traced one of those calls to ft. meyers, florida. and police are responding in full force to each threat, but so

to the medical examiner's office, when we spoke with ken k the county executive, he has been on the scene since this happened. he said it's too early to tell if it's because they were on the bridge that caused the derailment, obviously that's part of the investigation. one thing he said for people who live in the area, you want to avoid main street, through the morning rush. the road will be closed to traffic because they have a lot of cleaning up to do. they are hoping to have it re- opened as soon as possible, midday, that's no guarantee. another thing he says if you are familiar with the area, there are bars, restaurants, along main street, the phoenix was a popular bar, a lot of people in the bar when the derailment happened. ken says if this were a friday, saturday night, it would have been so much worse because the place is so crowded, people walking and parking cars along the street. two fatalities, two victims. >> reporter: as we were leaving the scene, csx were bringing in heavy equipment to check the cars. they are going to check the structural stability of the building and the bridge. csx owns the rail for which th

too. >> eleanor. >> in keeping with the clint eastwood theme, senator harry reid, a/k/a dirty harryl not back down from his comments about mitt romney's tax returns and mitt romney could live to regret the fact that he has become the poster child for the top 1%. >> uh-huh. a very tender story. i mean, tender as far as the speaker is concerned. he doesn't back down at all? it was quite ignomanias. mort. >> vankey moon is going to run into a firestorm for agreeing to attend a conference in tehran when everybody in the world is focusing on the illegality and, shall we say, attacks from iran. >> mitt romney has been so focused on the economy that some folks in his camp are concerned that we won't find out what he believes on other issues like foreign policy and defense until we get to the debates. >>> the tea party will reconstitute and remobilize itself. bye-bye!

too. >> what the hell? >> you talked about coach -- --. >> coach k. >> yes. you said he was humble and everyone was attacks him and giving him the stink eye. i don't know how you defined the stink eye from that report, but the only people that were attacking were journalists by trying to invent a storiment i am just saying. >> you don't think when he directed his response to the coach for nigeria -- >> he said -- >> he said, look, you wouldn't want us to play down, would you? >> the coach was like, i don't know what you are talking about. >> he didn't say anything. >> i also looked up a word that you said, swagga. that's not in the dictionary. >> consider who is looking it up. >> you might want to check the urban dictionary. >> i don't know what that is. but if it is on the internet i can look it up. >> as an ambudsman i can show you. >> we have a lot of it over the weekend. >> tom was saying he was bad at sports in high school. i was looking at him on the panel and i confirmed that. >> you can look 80 him, but i can't look at coach k? i don't get it. >> forg

k). and that is different than trading. but there's a line. i mean, you know, unfortunately too many people sit there and don't look at it. they don't know how to get in to the 401(k) because it's so darn complicateat a firm. >> you make a great point, herb. most investors don't take the time to go online. they have access with the plans. investor that is have access to their i.r.a.s, small business owners and individual i.r.a.s they're starting to do more of that. i'm not suggesting they don't do it but they need guidance. >> is there a good time to do it? >> never a good time to do it without guidance with a financial adviser. because you can risk losing your nest egg and i think a percentage of 5% if someone, if someone feels that they have the rest of their portfolio intact with the right investment goals and strategies in place, they can consider doing it but not without -- >> you can be profitable with the rice advise. in other words, still not advise because it's risky. >> the clients are profitable with more leverage. they can buy more shares. >> afford to lose to it. >> of course. >> high net worth wouldn't they d

thank you to nancy w of antioch, gay k from martinez, and clawed b of pittsburgh. now you, tooerence. just like abc7 news on facebook right now and a dollar is going donated to the abc7 sleep train dream campaign. folks, we aren't asking you for the dollar. if you like us we will take care of the money. it's a deal. coming up next, the speedee mon, the cheetah, break being her own record for the fastes >> here are your winning numbers from last night's $13 million mega millions drawing. 2, 10, 13, 48, 46. the meganumber is 2. don't go running for your ticket because nobody got them all. you might have gotten five but you didn't get them all. tuesday night's drawing estimated at the $21 million. you are about to see a land speed record smashed to smitherines. take a look at that cheetah. she ran the 100-meter dash in 5.95 seconds. that beats the record of 6.13 seconds in 2009. if only she could catch what a receiver should be on the 49ers. the clock is sprinting at 61 miles an hour. coming up, in oakland protesters break out windows at an obama re-election campaign office and bu

too of the 5th...strikes out alex gordon....then he gett alcides escobar to end the inning...5 k's iniigs for gonzalez....back to machado...in the 6th...deja vu...this time a 3-run shot... get this.... the same 15-year-old kid catches both... machado is the youngest oriole with a multi-homerun game... 2-for-4 with 2 homers and 4 r-b-i...shaving cream pie in the face as the o's win 7-1... 3 looks like adam corder got a few autographs from machado for his 2 home run balls...manny 4-for-8 in his first 2 games with 3 extra base hits...tonight was his first multi-homer game as a pro....miguel gonzalez's outting overlooked...8 strong innings... he's pitched 21 and 2 thirds innings in his last 3 starts only giving up 5 runs... the o's send chris tillman to theemound tomorrow... the ravens have 6 tight ends pn their camp roster...that's double the amount of what they had last year...and what they'll keep.however, baltimore might be forced to keep a few around longer than anticipated...due to injuries. injuries.dennis pitta's out until at least the season opener with a broken right hand.and no

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especially likely to take the least effective teachers and least experienced teachers and place them in too great k through 02 perhaps because of the presence of state testing systems in higher grades and their absence and their early grades. that is the type of pattern that will undermine efforts to address the situation. test based promotion policies are no substitute for that kind of comprehensive strategy to reduce the number of struggling readers. however, test based promotion policies, i would suggest, can be a useful component of such a comprehensive strategy. it to the extent states want to go in this tradition, i think they should keep in mind that these policies are most likely to succeed when they are accompanied by specific requirements for additional reading instruction and adequate funding to support the implementation of those requirements. above florida affects that we have observed reflected the complete package of the intervention was retention and additional requirements not just the effects of retention on its own and common sense suggests it shouldn't imply in the exact replica

too focused on getting to the next question. he said he had a brain fart, using his phrase. now other people wadednto this, ""politico", k," tweeted he felt the congressman had misspoke. then he was taken off the story. was that too harsh a reaction for a single tweet? >> you know, this is the danger of tweeting and not thinking or tweeting while drunk or something. but i -- it it was a very odd tweet. i know we covered it at the "post." i don't know what has -- what other sort of sanctions he's had at "politico." but it seemed about right that he's wading in and seeming to give his opinion on this. that i -- >> taking a sde on whether or not the congressman -- >> taking a side. >> it didn't seem like something that akin blurted out and didn't mean those words. >> right. yeah. >> he obviously believed it when he said it. >> he believed it when he said it. he sort of said this is what doctors, he'd read from doctors. he bheefed it when he said -- believed it when he said it. to step back and say what he really metropolitan was this, i thought was a bit much for cantonese to do that. and right for "politico" to take him of

plans stink you should contribute to your 401(k), even if you put it in cash, because have you to take advantage of the tax busted nature. these vehicles are too good to pass up plus many employers match your contributions and i believe in not turning down free money. first put in enough money in your 401(k) to max out the company match and then stop. then the rest of your retirement investing should happen in your i.r. ancht until you hit the upper limit in what you can contribute per year. it gives you the freedom to invest any way you want. for 2012 the max yum contribution was $5,000, $6,000 if you're over 60. what should you buy? your best bet is to own many high yielding stocks i talk about all the time on the show. they provide the protection and generate income. there are a couple of wrinkles that make investing in ira different than a regular account. as much as we like high yielders it doesn't work well for master limited partnerships. think pipeline stocks, like kindermorgan. they are already tax advantaged as distributions are considered return of capital. you don't pay taxes until you sell the stock which i like. but there is this

k-12. kids are the next generation. kids can also affect their parents, too. this show appeals to all generations and all families.tertainment shows are for families. our eventual goal of this is to make broadway theater, where it can be an activity for tourists to go see. there is a real want and need for it. >> david? >> i think the problem is that we have become so convinced that we are separate from the broader non-human world. i did not care if you believe in climate change or not. do you know what is going on with the oceans? land use? there are huge planetary possibilities for recognizing these boundaries. we need better ways of moving beyond this bipartisan approach to really help people to recognize there is a lot of stuff going on and climate change is not your thing, maybe you would care that of water reserves are tapping out in many parts of the world. >> the ceo of walmart was talking about what they were doing. where would you say the major points of leverage our? points of leverage our? getting to

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k line. i want to show you if you are drive going the area, freeway traffic fine not too far from 280 and cityollege. but if you are heading through ocean avenue is a spot to an individual in both directions at miramar avenue. >>> we start with continuing coverage on our developing news out of richmond. chevron is apologizing for the large fire that lead to a shelter in place order and sent hundreds to the hospital. katie marzullo is live in rip money with the latest. >> reporter: -- in richmond with the latest. >> reporter: what is happening now there's a small controlled burn happening inside this refinery, crews doing a small control burn to release pressure the main fire that caused this touble last night is out. unit 4 where that fire began that is down chevron won't speculate as to when it will come back up. as far as other operations in the refinery operation safe are continuing as normal today. employees are being told to show up as if it is a regular day at work. that coming from a spokeswoman a few hours ago. we do not have answers to the big question why and how did this start? the

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