privatization big finance capital controlled economy which is not there or they left out of the t.v. being it allows for all these countries in the asian area to be out there without china and a country like vietnam or malaysia you know can take a bunch of money from us banks money flows easily and then those countries are. navy base or you're only using their space for military actually has to. to take their money out and so it gives a lot of power to the united states and big finance over military strategy as well as economic surges and it's a big problem which are not only china smartly negotiated through a treaty with south korea and japan they're also doing their own fifteen nation asian treaty i mean those are much more important now than he did i was trying to stay out and build up the asia without the united states although definitely put in china in a tough situation where they have to make a choice and to me really interesting to find out what choice they make and i think a lot of people you know were sold the t.t.p. as a free trade agreement but really it's creating these

for "masters of nothing: human nature, big finance, and the fight for the soul of capitalism" we ask questions of the american public. 48% of the american public thought that they were always rational but only 32% thought their friends were always rational and that rather approves the point. i as a politician often get when i make this point get asked surely you think you are always rational and i say no. have you ever fallen in love? have you ever made a mistake through being tired? we all have. all humans have. we need to base the management of the economy on that knowledge so let me ask the second question. imagine you are given a choice between a certain game and the chance to gamble for more, specifically. if i offered you $450 now or gamble with the 50/50 chance of winning a thousand dollars but an equal chance of walking away with nothing to, who would choose to take the risk? that is very telling. in this instance 8% of the american public said they would take the gamble even though the expected value of the gamble is higher, but then to demonstrate risk aversion we changed t

to take their money out and so it gives a lot of power to the united states and big finance over military strategy as well as you can have a very big problem which i know i mean china smartly negotiated through a treaty with japan to do their own fifteen nation asian treaty i mean those are much more important now than he did i was trying to stay out and build of the asia without united states although definitely put in china in a tough situation kevin where they have to make a choice and to me really interesting to find out what choice they make and i think a lot of people you know were sold the t.t.p. as a free trade agreement but really it's creating these international court bodies that would override national sovereignty and laws in this country and also affect everything from internet privacy to environmental regulation maybe the three most damning aspects of the t.t.p. that you think are not being reported enough well it's not being reported much at all very loose your time so they haven't actually been happy. is it really became quite clear. that big very first term sitting in the

we are giving, "masters of nothing: human nature, big finance, and the fight for the soul of capitalism" commented that have been because the markets at work were not truly free. there's a story in the book about a minnesota assistant to this investigating a mere quest back in 2003. he ordered them to hand over a sample of their loan data content boxes of resurrected itself is. he pulled one at random and found the armor was listed as an antiques dealer then he went through these boxes of files for another and another and every fio said the same thing. every fio listed the barber as an antiques dealer who clearly the loans were fraudulent, but they've already been bundled and sold off and you can blame government for making life easier for companies like america west if learning to people with poor credit has explicit backing, of course the america west of the world will operate with greater impunity. focusing solely on government's failings, there's a teacher be a tacit way excuse the behavior of the loan officers who fired on the forms and wall street banks repackage loans up without

his book is "masters of nothing: human nature, big finance and the fight for the soul of capitalism." visit booktv.org for more on this weekend's television schedule. >> and now roger lipsey talks about his biography of former u.n. secretary-general and nobel peace prize winner dag hammarskjold who die inside a plane crash -- died in a plane crash. this is about 45 minutes. >> it's a custom in occasions such as this to thank and demonstrate one's awareness of the eminent people in the world, and i'm so pleased you're here. thank you for speaking. and anne nick old, i'm so pleased you invited me to come here. and then all of you vice presidents and presidents, thank you very much. i wanted, first -- i want, first, to tell you what we're going to speak about. i'll take about a half hour, and then we can speak together for 15 minutes or so. our topic, as i see it, is diplomacy, particularly u.n. diplomacy with the purpose of establishing or reestablishing peace and justice, peace with justice. it's to speak of that in hammarskjold's terms as a profound cultural act. a profound cultural a

that's her showing off what she hopes will be the next big finance sensation.she calls prancersize. >> i have my ankle weights in place and my music is ready. let's stop talking and do some walking. >> cue the music and there's no stopping joanna. she's ebullient and completely unabashed. not like she just has the one move. there are four sub genres of prancercize. this one'sgallop. it was shot near her house in florida pretty much near the same path. we were troubled only by the repeated presence of the abandoned soviet era guard shack. she was on the "today" show this morning where our friends proved prancercize is not for everyone. our friends over at cnbc already had some fun with joanna's invention but that's mostly because they're forced to cover financial news all day. >>> finally meet ray charles. the folks over at buzzfeed posted his story on the web and photos of this good dog have become a huge and soothing hit. first of all, about his name. he was a timid puppy amid his boisterous siblings and the vet soon discovered he was born blind. but as you ca

big savings and interest-free financing? these deals aren't just hot - they're explosive!on't miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ well, i don't know why they need you in the studio. surprise! oh, my god! is this for me? i can't believe you made all this fuss over my birthday. it's so incredibly thoughtful. let me give something back to you guys. ♪ i believe the children are our future ♪ ♪ teach them well and let them lead the way ♪ hey, guess what, everyone? i'm engaged. [all congratulating] engaged? hey, this isn't gonna change the way you dress or eat lollipops, is it? no. oh, then congratulations. this is for you, cerie. ♪ i believe the children are our future ♪ ♪ teach them well and let them lead the way ♪ ♪ show them... ♪ all the beauty they possess... ♪ everyone, guess what? there's an antique car show out in the plaza!

big savings and interest-free financing? these deals aren't just hot - they're explosive!of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >> the time is 6:45 a.m.. here is a quick recap of our top stories this morning. >> police in richmond are searching for a gunman responsible for killing a man in his 30's this morning. it happened at an apartment complex. police believe the gunman has fled the area. >> a strike vote is set for tuesday for bart workers whose contract is set to expire at the end of the month. bart in new yorkers have been at odds ever since negotiations stalled. >> there is an accident that is still blocking the lanes. it was blocking three of the fire department was on the saying has already left. it appears as though it may be in the clarence page. right now they have opened at one more laying with only just to block. the traffic is still backed up to 38.to 238. yu may still see slowing even if they do manage to get this open. here is a bigger picture of the back up. it may also affect the 238 traffic. >> looking at the bridges and

big savings and interest-free financing? these deals aren't just hot - they're explosive!'t miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ [jazz music] ♪ the flowers are lovely. thank you. no, you hang up first. okay, on the count of three. one, two, three... no, i didn't hang up either. [door opening] donaghy, i need your help. i miss you too. i said i miss you too. you're breaking up. maureen? she cut out. i need $60,000, or i'm gonna lose my house. which house? i need $100,000, or i'm gonna lose both my houses! tracy, i don't understand. you've starred in 14 films. you don't have any money saved? nah, i lost all of it. really? who's your money manager? grizz. worldcom, man. worldcom. look, tracy, i can't just give you money. but what i can do is show you how you can earn all the money you need. you must know arsenio.

big savings and interest-free financing? these deals aren't just hot... they're explosive!ep train's 4th of july sale is ending soon. ♪ sleep train ♪ your ticket to a better night's sleep ♪ come on in, tracy. yo, is this about that little red-headed intern? 'cause she asked me to take it out. no, no, no. i wanted to invite you to join me at a charity golf tourney that don geiss is hosting at his country club in old saybro. i'm not familiar with about half the words in that sentence. how 'bout you come with me to a big party in connecticut, and meet don geiss? is that the gay guy from project runway? no. he's the ceo of this corporation. the big man. the dude from my checks? the dude from your checks. and a good person for you to know. a'ight, sure. thanks for inviting me. (liz) okay false alarm. it turns out she asked him to take it out. oh, hey. i'll see you in ct, jackie d. what's that about? i've invited him to join me at a ge charity golf tournament in connecticut. was courtney love not available?

financing, not just our local street gangs, but a lot of these mexican national organizations, their big financing is from the marijuana cultivation. >>the two guys who were here tending this grow said that there are upwards of four thousand of these plants through out this grow site here. they look pretty benign. on the california market, this could fetch eight million dollars. on the east coast, it could go upwards of 12 million dollars. that's insane. >>i don't think there's any crop near the money that's being made from marijuana. it's the number one moneymaker, billions of dollars, i mean this industry is just huge. (adam)coming up, i head across the border to mexico, long the greatest producer of marijuana in the world. we're inside the tractor trailor full of these bricks of marijuana. estimated street value about 80-85 million us dollars. >> did anyone tell the pilgrims they should self-deport? >> no, they said "make us a turkey and make it fast". >> (laughter). >> she gets the comedians laughing. >> that's the best! >> that's hilarious. >> ... and the thinkers thinking. >> okay, so there

big savings and interest-free financing? these deals aren't just hot - they're explosive!ly sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>mark: the morning, stories we're following for you on this wednesday june 19th. a grass fire and fairfield spreads to a nearby motel, evacuated guests over that. those details coming up. >>darya: the city of san jose is suing a major league baseball an attempt to kickstart its effort to get the bay area team to the south bay. the tough coming up. >>mark: the president is in berlin today. the total cuts he is proposing, and his most recent comments on the and as the investigation. but it started with the weather for the morning. g r >> a quick commune check for you from the toll plaza. it is like all around the bay except for parts of interstate 580 were in the westbound direction, we are starting to see some slowing. >>mark: those evacuated from a fast-moving grass fire that spread to a fairfield motel will find out when they can go back to retrieve their belongings today. battalion chief says they will assess the damag

this is certainly not helping curb fears hoing isrowing too big too quickly. financerofessor at george son university, welcome back to the show, anthony. when the nationaassociation of realrsays prices are growing too quickly, that's a sigof something. what do you say? >> absolutely. you really have got to pay closer attention to the data, and they are. gerri: and 8% hike month to month which reminds me a lot of 2006, 2005, 2004. is this a bubble? >> let's take a look at this carefully. on the surface, yes. if you look at mortgage applications, still makes 95 levels which means they are in the doldrums. not coosumers buying homes, these are investors and wall street, et cetera and paying cash. there is a bubble, absolutely and it is not going away anytime soon. gerri: one of the issues at play here are rising interest rates and expectations rising rates couldill this boom. average 30-year fixed-rate mortgages across the country cruising just under 4% in many markets acss the country, you look at 3.95% on the east coast, 3.92 on the west cst, big differences by region,

big savings and interest-free financing? these deals aren't just hot... they're explosive!ep train's 4th of july sale is ending soon. ♪ sleep train ♪ your ticket to a better night's sleep ♪ [ roars ] ♪ ♪ [ roars ] ♪ [ roars ] ♪ [ male announcer ] universal studios summer of survival. ♪ hey. ready? come on! show me excited. yes! (michael) yeah. i'm pretty excited too. today i'm headed over to the job fair at valley view high school to find some new interns. wanna get some fresh blood, uh, euthanize this place. hey, we doin' this thing? yeah.

big savings and interest-free financing? these deals aren't just hot - they're explosive!on't miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> police departments are stumped by a rash of car thefts. in surveillance video of the thefts they appear to open locked doors with a handheld device. so far no one, not even the makers knows what the device is. >> reporter: long beach, california, a man walks up to the car and uses a box and opens it. the problem, they are thieves. no keys. they sweeped all valuables from the cars. in chicago same scenario. a man unlocks a car. no key. alarm disabled. >> you feel you have been outsmarted. >> reporter: the same thing happened in corona, california. the crook didn't get away clean. his dashcam caught the suspect holding a box. >> i was like -- you just see him walking in front of the car. you can hear the locks. >> reporter: in 18 seconds the crook empties out. >> same device different cities. >> reporter: he calls it the latest crime tool. hitting new york to los angeles. >> the device.

big savings and interest-free financing? these deals aren't just hot - they're explosive! don't miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a month with qualifying bundles. rethink possible. so the figures show improvement right there, michael. and again... i'll call back. you never call back. every time michael's in a meeting, he makes me come in and give him a post-it note telling him who's on the phone. i did it once, and he freaked out. he loved it so much. the thing is,

big savings and interest-free financing? these deals aren't just hot - they're explosive! miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! [ male announcer ] but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. instagram is not just for pictures anymore - you can now share video. today's announcement explained a new feature that lets users share 15- second video clips. there are also 13 new filters built specifically for the video app. the new instagram video app is available, beginning today, on all apple and android devices. gamers spoke and microsoft listened. the creator of xbox is backing away from changes it planned to make for its n

big savings and interest-free financing? these deals aren't just hot - they're explosive!'t miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ hotel bathroom by his 12-ye . >>> we learned today that the late actor james gandolfini was discovered collapsed in a hotel bathroom by his 12-year-old son. gandolfini died of a heart attack while on vacation with his son in rome. at tonight's fruit vail station movie screening we asked actor and producer forest whitaker about the former sopranos star. >> it's a great tragedy. i did a film with him. called where the wild things are. and we went through rehearsals for months. and i new him and i new his family. so it's very sad. it's a great loss to humanity. >> gandolfini leaves behind a wife and two children. >>> even if you don't keep up with the kardashians you have to admit the name kim and kanye west picked out for their girl is a doozy. >> they named her north. north, west. her parents will call her nori. the baby was born on saturday. that way, or is it that way? >> we'll be right bac

big savings and interest-free financing? these deals aren't just hot - they're explosive!'t miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ this afternoon and could ne surgery... >>> giants on pagan. underwent an mri this afternoon and could need surgery. the flame thrower, colin kaepernick had a 94-mile per hour fastball. 6th inning, it goes off lincecum's foot. tied game. the injury bug continues to hit the giants. andres torres went off the right field wall. torres thinks he has a triple, but he hurt his right knee on the slide. he was taken in for x-rays. then in the 8th. this time, a clean base hit to right. the go ahead run scores. the marlins lead 6-3 in the 9th. of course, miami looking for their 9th straight win at at&t park. looking for his 7th straight start, win in that, and the offense gave plenty of support. his 9th homer of the year. all nine solo shots. 4-3 a's. on to the two-run shot to left. his second homer of the night. four homers and they beat the mariners 6-3. the a's clinging to that one-game lead in the

big savings and interest-free financing? these deals aren't just hot - they're explosive!'t miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >> the following is a paid presentation forthe wen healthy hair care system, the secret to soft, lustrous, beautiful, shining hair, by celebrity hair stylist chaz dean, brought to you by guthy-renker. what does it take to get your hair this shiny, bouncy, strong, and beautiful? the wen healthy hair care system by chaz dean. >> people ask me all the time: does wen cleansing conditioner really work? i started using wen two years ago. so...you tell me. does wen really work? ♪ >> i've seen a lot of changes since i first started using wen. my hair's so much healthier now, it's so much smoother, it's so much silkier, and it all starts with wen. >> with wen, it's just like this "kumbaya" product

big savings and interest-free financing? these deals aren't just hot... they're explosive! 4th of july sale is ending soon. ♪ sleep train ♪ your ticket to a better night's sleep ♪ living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a month with qualifying bundles. rethink possible. >> announcer: the following is a paid presentation for the nutribullet, brought to you by nutribullet, l.l.c. [♪...] >> my muscle aches, my back aches really started to decrease significantly in one week. >> the first night that i actually used the nutribullet, i actually slept really well. that w

big savings and interest-free financing? these deals aren't just hot... they're explosive! sleep train's 4th of july sale is ending soon. ♪ sleep train ♪ your ticket to a better night's sleep ♪ they have no idea what it was like before u-verse high speed internet. yeah, you couldn't just stream movies to a device like that. one time, i had to wait half a day to watch a movie. you watched movies?! i was lucky if i could watch a show. show?! man, i was happy to see a sneezing panda clip! trevor, have you eaten today? you sound a little grumpy. [ laughter ] [ male announcer ] connect all your wi-fi-enabled devices with u-verse high speed internet. rethink possible. [ roars ] ♪ ♪ [ roars ] ♪ [ roars ] ♪ [ male announcer ] universal studios summer of survival. ♪ that both bart and the ac transit unions authorized strikes on the last day. contracts expire on sunday meaning the transit agencies and the commuters could be coping with labor actions common day. alan wang is live at the west oakland bart station with the latest for us. alan? >> carolyn, two of bart's biggest unions vo

big savings and interest-free financing? these deals aren't just hot... they're explosive! sleep train's 4th of july sale is ending soon. ♪ sleep train ♪ your ticket to a better night's sleep ♪ or how to keep from driving all over for deals for the 4th. you don't need to run around. safeway gives you real big club card deals each week. throw a holiday cookout! thick, juicy new york strip steaks are just $4.99 a pound. get a great deal on arrowhead water, just $3.33 a case. and pick up cheerios for just a $1.88. real big deals this week and every week. only at safeway. ingredients for life. school teacher is under arrest accused of sexually abusing students at school. joseph martin teaches fourth and fifth grades at woodside elementary in concord. police started investigating martin in april after reports he touched students inappropriately. they say there could be a dozen possible victims ranging in age from 11 to 17. martin is being held at the martinez jail on almost $4 million bail. >>> an officer involved shooting in vacaville closed eastbound 80 for a short time this a

big savings and interest-free financing? these deals aren't just hot - they're explosive!n's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ [ male announcer ] wouldn't it be great if all devices had backup power? the chevrolet volt does. it's ingeniously designed to seamlessly switch from electricity to gas to extend your driving range. no wonder volt is america's best-selling plug-in. that's american ingenuity to find new roads. ♪ the 2013 volt. charge ahead of the rest in the hov lane. ♪ >>james:the f-b-i is asking for the public's help in finding a fugitive who may be looking for a job as a software engineer in the san francisco and san jose areas. authorities say bruce marshall is wanted for mail fraud. marshall is accused of creating a fake company and convincing a previous employer to hire its service. he then collected more than 100-thousand dollars in cash. marshall also goes by the name francois marshall and francois delacroix. >>darya:california governor jerry brown says, he will ask the court to "stay". it's an order issued mandating n

big savings and interest-free financing? these deals aren't just hot - they're explosive! don't miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a month with qualifying bundles. rethink possible. leila and it is time to announce the gas card give away. it is rhonda from martinez. rhonda won $700 of free gas cards. she liked abc7 news on facebook. you still have a chance to winfrey gas. all you have to do is click the like button and then fill out the entry form. you still need to

big savings and interest-free financing? these deals aren't just hot - they're explosive! don't miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ with a dirty little secret. kpix-5 goes undercover... to reveal how the n >>> new at 6:00 tonight it's a bay area farmer's market with a dirty little secret. kpix 5 goes undercover to reveal how the needy are making money off your generosity. >> and he claimed to cure gay men of homosexuality. how the leader of an evangelical ministry says he had it wrong all along. those stories and much more tonight at 6:00. >> thanks for watching us at 5:00. "cbs evening news with scott pelley" is next. >> remember, the latest news and weather are always on our website, kpix.com. see you in 30 minutes. captions by: caption colorado comments@captioncolorado.com >> pelley: tonight, edward snowden is now a wanted man. the u.s. has filed criminal charges agai him for l two of america's biggest secrets. bob orr has the breaking news. two jets fly much too close over the skies of new york city. terrell brow

big savings and interest-free financing? these deals aren't just hot - they're explosive! don't miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ i've done. i want to learn d grow from this inappropriate hurtful language is totally totally unacceptable. i've d stakes along the w . >>> have you sign paula deen's apology yet? well, here's the gist of it. >> i want to apologize to everybody for the wrong that i've done. i want to learn and grow from this inappropriate hurtful language is totally totally unacceptable. i've made plenty of mistakes along the way, but i beg you, my children, my team, my fans, my partners, i beg for your forgiveness. please forgive me for the mistakes that i've made. >> now, the mistakes that she's referring to teal with her admitted use of the "n" word years ago. apology or not, the food network fired her today, and kiet do got an earful about paula from one bay area chef. >> at southern flavor soul food in hayward, news of paula deen's apology left a bad after taste. >> it doesn't matter how many times

radian, the largest private sector mortgage insurer in america, which just presented at the big kdw mortgage finance conference today, not enough to overcome the gravitational pull lower. they're required to pay for mortgage insurers, which pays back the bank in case the borrower defaults. and because the banks are only lending to the most credit worthy people out there right now, certainly high fico scores, it's very unlikely they will have to pay out. as time goes on, more risky insurance policies from before the financial crisis were aloft. half the company's business was originated in 2009 or later d that's only going higher, of course. plus here's my favorite kicker. the biggest player in the mortgage insurance market is the federal housing authority and they're a government agency that's decided to dramatically ratchet down their exposure, meaning radian is facing less competition even as the market for mortgage insurers is heating up. radiang is getting 60% gains, up 21% since march 14th. recently the stock pulled back with the rest of the market. i think this could be a terrific entry point.

too much of the prophets of the economy is migrating to government guaranteed finance. >> big conditions, big banks. >> jon, do you hear a lot of that? >> you definitely hear a lot of it, but i think we have to keep in mind that actually inflation has been quite stable as measured -- >> no, i said that. i said that. >> the dollar has been stable, too, you know, during all of this money printing that the fed has done. you look at the exchange rated value, it's held its own. >> i agree. >> a lot of people are pouring their money into dollars because they think europe is such a -- now they're worried about places like emerging markets. >> like brazil, emerging markets. i said my mia culpa months ago. inflation is 1%. that's why i don't want the if he had -- frankly, i disagree. i would leave things as they are. i've got to get out. i've got to get out. >> gotcha. >> next time. jon, thank you very, very much. wall street journal. >>> now buried in all this scandal and stock market news is the fact that we don't have anything close to a budget deal on capitol hill. i'm about to talk to one de

big savings and interest-free financing? these deals aren't just hot - they're explosive!leep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ [♪...] >> announcer: the following program is brought to you by nopalea, the anti-inflammatory wellness drink by trivita. stay tuned to learn how you can receive a 32-ounce bottle of nopalea free. >> a few months ago, i had a hard time walking this hill. but today, i'm doing it

big dog called. wealthy british style holds. on the. markets finance scandal find out what's really happening to the global economy for a no holds barred look at the global financial headlines joining in to cause a report. so. welcome back to cross talk where all things considered i'm peter lavelle to remind you we're discussing the bradley manning case. ok david i'd like go back to you in washington bradley manning has admitted to breaking the law ok but he did a social good is well he exposed war crimes and that's a good that's good for american democracy good for american foreign policy in the long term because there's accountability how do you react to that. i think one can view specialist manning case in a variety of different ways and certainly about what he can be compared to daniel ellsberg from the one nine hundred seventy s. i think that that only goes so far i think ellsberg was more targeted he seemed to disclose his papers to the washington post to me or to. what we now live in an internet age where wiki leaks takes. advantage of this info

big savings and interest-free financing? these deals aren't just hot... they're explosive!leep train's 4th of july sale is ending soon. ♪ sleep train ♪ your ticket to a better night's sleep ♪ (male announcer): this is the bay area news station, kron 4 news starts now. turbulent month. >> pam: it was already an historic week for same-sex marriages the ninth circuit court of appeals lifting the bay and after a supreme court decision. on the eve of pride weekend in san francisco celebrating first same-sex marriages since 2000 a is a risk acceptance is a city hall today. >>kris perry and sandy steir was married today at city hall. they have tied the knot and are very appreciative all the work. it is a great day in samper's cisco, and it's a great day in america because sandy and i are merritt. this is the first day of the rest of our lives together and we could not be more in elated than you being here at everyone across the across the world that make you feel about equality. >> because really what we wanted so desperately was for our own sun to know the we love them. other fam

big savings and interest-free financing? these deals aren't just hot - they're explosive! don't miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ our >>> new at 6:00 tonight, we could learn any day now if the u.s. supreme court will strike down prop 8. tonight, our exclusive kpix 5 poll reveals dramatic shifts in how the bay area and california view gay marriage especially when you factor in religion. plus -- >> it's not a one size fits all phenomenon. >> how scientists think napa will feel the wrath of global warming and eventually lose its title as one of the world's wine capitals. those stories and more at 6:00. >> we'll need to figure out which is the next capital and invest. >> "cbs evening news with scott pelley" is next. captions by: caption colorado comments@captioncolorado.com >> ight, a brighter economy. the federal reserve raises its predictions for growth and jobs. anthony mason on the new outlook. the director of the f.b.i. surprised many today with a frank answer to this question: >> does the f.b.i. use drones for su

big savings and interest-free financing? these deals aren't just hot - they're explosive! don't miss sleep train's 4th of july sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ . >>> you're looking at a fellow named rus el peert son, chicago black hawks fan already has inc.ed the 2013 stanley cup tattoo on his arm. michael jordan, statute clad in the black arts sweater. jonathan check hard in second period playing against bruins. this is game 5. yeah. patrick did the heavy lifting for the black hawks. two goals for the night. black hawks win 3 to 1. they lead the series three games to two. game six in boston monday night. chicago has a chance to hoist lord stanley's cup. >>> soccer earth kwashg in the nation's capitol. the struggles continue. chris pontius, the lone goal of the game on penalty quick. the quakes lose again. one to nothing to dc united. seven times in 17 games this season. >>> to brazil to two soccer poirs, italy, brazil. tied at one in the second half and there goes namar. only got one name. namar kicks it bouetly into the corner of the net. bra

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big savings and interest-free financing? these deals aren't just hot - they're explosive!uly sale. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>james: thing welcome back. on wall street this morning. futures trading shows all three indexes and the-this morning. word from the federal reserve that it could start scaling back its economic-economic stimulus program later this year sent a late shudder through the financial markets yesterday. here's a look at the closing numbers 300. moves have become standard for the dow for the past week. the dow ended the day down over 200 points, closing at 15,112. the nasdaq fell nearly 14 points to clo at 3443. and the s&p 500 lost 22 points to the end at 1628. we will see how the markets opened at 630 with the opening bell. >>darya: a new cnn national poll shows nearly two-thirds of americans rate the current economy as pork. but the poll also indicates a positive trend. the number of those who rate the act that judge economy as good has grown steadily since the end of last year up nearly 10% from last december. overall optim

that we formulated several years ago but the second question from mrs merkel big decision last night overnight e.u. finance ministers decided to recapitalize banks but there was a caviar put forward by germany that national governments need to share the burden my question for you chancellor is want to shut out the economies that need it most because the state can't afford spain italy portugal greece for example the recapitalization of the banks are you satisfied it will do what it's needed to do. i think that's. right you know i think it would be. precisely would not have a plan to do it because within the european union we are not a national state we are a community of many national states and so important for me and for germany is not the question of liability to join glory ability. and i join forces with decision making should be a one stop us organization you can't say you're recapitalizing european banks whereas the german federal chancellor cannot influence that decision in terms of how a bank in spain portugal. will be capitalized because that again would be in the responsibility of the national for

states deeply submerged in debt developing economies are taking center stage signaling big changes in the world of finance business presenting katie pilbeam now looks at how emerging markets are surpassing developed nations. developing countries now account for overhaul of the world's economy and with this growth comes power so which nations are we talking about that well if we look at this map we can see that the developing world is overtaking the developed world and if we wind the call back we can see that back in one thousand nine hundred eighty two the developed world account of the sixty nine percent of the world economy while the developing world took up just. false forward all in thirty years the a mugging economies will make up nearly three quarters of the world economy by twenty seven tane so is this economic shift changing the balance of power i asked legendary investigative raja's exactly that. we're already seeing it it's not just the faster the world economy it's creditor nation or the new nation as well historically people like great britain america finance developing nations as if they coul

have twenty or so people that attend every year and then there are scouting out other big players in the world of finance intelligence and beyond people like timothy geithner people like david petraeus people like robert zoellick so they may not be there next year but obviously they're integral into some type of a geo political plan this year some type of positioning so the big difference to me is the size of the organization and the lack of transparency thank you so much jayson burma as always if you like what you see so far go to our facebook page at facebook dot com slash breaking the set mission or do it thousands of done already and give us a like we have taken our saturday there with links to past segments as well as reaching out to you for ideas and what you want to see covered on breaking this that and also check out behind the scenes photos were taken our studios like when rebel came to break the stage with us last friday to our facebook page and check out all of that and more and that's it for tonight's show make sure you join us again tomorrow when we talk to a student activist and been at the