joining me is the texas attorney general greg abbott. general abbott, thanks for being with us. we had final arguments before the district court in washington on friday. it looked like it was a tough room. how do you think the arguments went? >> let's put this in context. this lawsuit was living with obama's department of justice and it is part of an over all national scheme by the obama administration to promote and protect illegal voting in this country. the texas litigation as you pointed out is one of three pieces of litigation with states across the country, most recently in the state of florida. florida was trying to purge illegal voters from their roles, and the obama administration actually filed legal action to prevent purging illegal voters. same thing applies in texas. what we approved in texas is voter fraud exists. we have more than 200 dead people who voted in the last election, and we proved that in court in addition to the fact that the voter id law will have no disenfranchised affect on the voters in texas. despite those facts you can see the obama administratio

sells indispensable products and gives us a a better than 3% yield cramer in other words, we need abbott labs cramer it's one of the fastest-growing big pharma names out there. it's not streamlined or easy to understand cramer so that's why i think it's fantastic the management has decided to split the company into a branded drug business and diversified medical products. it sells everything from nutritionals to diagnostic products. the pharma division can stand on its own facing fewer big patent expirations than the competition and the medical products deserve to be in a different company. because it can grow much faster cramer the drugs take forever ton approved cramer this split is all about creating two stocks that deal to a different constituent of money managers cramer abbott's pharma lab gives you a dividend vehicle, and growth vehicle, and both companies deserve to go higher especially in a recession where portfolio managers pay for consistency. fourth, man, we have to have domestic security in the worldwide slow down. what could be better than a domestic security play with a bou

in other words, we need abbott labs. one of the fastest growing big pharma names up there.t's not easy to understand, so it's fantastic that the management is splitting the company into a branded drug business and diversified medical products. it sells everything from nutritionals to diagnostic products. the pharma division can stand on its own facing fewer big patent expirations than the competition and the medical products deserve to be in a different company. the drugs take forever to be approved. this is about creating two stocks that deal to a different constituent of money managers. you can get a nice dividend vehicle, a growth vehicle. and both companies deserve to go higher, especially in a recession where portfolio managers pay for consistency. fourth, man, we have to have domestic security in the worldwide slow down. what could be better than a domestic security play with a bountiful dividend and a business as consistent as it gets? i'm talking about consolidated edison. mr. ed or con-ed, the new york based utility with a hefty yield. it is a transmission and dist

police responded to a shooting on abbott court where one man was found shot in the arm. no word on a possible motive in either case. officers investigating those crimes and others will have another tool at their disposal. the mayor today announced a city watch community partnership incorporating a database of public and private camera systems that would allow police to identify systems in close proximity to crime scenes. >> the partnership will allow more businesses and residents to further reduce crime in our neighborhood. >> the mayor thinks the able foundation for the grant that makes this happen. >> the nation's high court resumes -- this box a maryland court decision that the action violates the fourth amendment rights protecting people from illegal search and seizure. the decision was based on alonzo king jr., convicted of a 2003 rape based on evidence taken after his arrest for assault charges in 2009. john roberts said the order will remain in effect until king response to the state's arguments and he has until july 25 to do that. >> today, the governor pledged a

other outfits like abbott labs, providian, trying to free up value.nson could have had similar breakup strategy. a gigantic spike for paretient investors. what i like in pharma is growth, pure growth, based on potential blockbuster drugs that you can provide many years of growth. that's what gilead, am jen and sell ya was giving you. finished at 52-week high for am jen products that can work in cases were others failed. doesn't hurt the core business is on fire. many people believe the best compound for hep c. people wrote this company off, but confident the franchise remains intact and thriving and number of initiatives sell gene has could lead to earnings outside. it is an inexpensive stock with many years of growth. i said that even after the stock went over $3. you know i like dividends, don't like expensive stocks. if anything, one particular drug prospect goes awry, but the three old biotech companies proved themselves time and time again, while they aren't for the feint of heart, you can get long-term growth that you can't get from a merck or p

other outfits like abbott labs, providian, trying to free up value. could have had similar breakup strategy. a gigantic spike for patient investors. what i like in pharma is growth, pure growth, based on potential blockbuster drugs that you can provide many years of growth. that's what gilead, amgen and sellya was giving you. finished at 52-week high for am jen products that can work in cases were others failed. doesn't hurt the core business is on fire. including the older drugs which were responsible for delicious upside earning surprise. many people believe the best compound for he c. it could be worth billions and billions. that could be as early as 2014. it has made many people believe that the best compound is gilead's. they were much better than expected. people wrote this company off, but confident the franchise remains intact and thriving and number of initiatives celgene has could lead to earnings outside. given its stellar profits, much better than expected, it is an inexpensive stock with many years of growth ahead of it. i said that even

. >>> abbott say the couple clinton mentioned would be good for that and you somebody isn't that if you get out of the valley. you can usually find camping spots but closer in lots of quick places in the bay area we can't get tough but the cemetery county coast and the big basin and santa cruz is wonderful. so lots of good places one area were featured in our august issue near quincy phenomenal area for camping which is ridiculous and it's less crowded. >>> thanks for joining us it's always fun in the book is a sunset magazine and a belief that copy is the one have a my hand and it's all about food. sunset website is also weakened go to find out more and maybe go to get a subscription. you're driving but not what to keep the costs down as you drive and how to do that coming up. >>> welcome back. good news this summer the gas prices are coming down and it could make a summer vacation possible provided you drive with a deal isn't keeping the road trip on budget meet the tripoli consumer advocate and spokesperson cynthia harris. in here just in the nick of time because people a probably se

but the abbott says that it is not about quality control or difficulty of making coffins that fit. >> i think that the law is economic protectionism. we feel that we have a right to be able to sell caskets, the same right as everyone else. >> the bread is given away, not sold. no threat of lawsuits here. it is all about fulfilling the instruction of st. benedict, to be a true monk, one must work with one's hands. >> we have always kept their tradition, doing physical work. >> the battle is not over. the free marketeers here think they are on solid ground. they think that if god wants them to do this, surely the law will follow. >> paul adams, reporting on the curious story. there is no end to the coverage of the world's financial crisis lightly, but this next story goes against the trend in grand fashion. tonight this painting fetched $35 million at auction. it is the last of six in a celebrated series of large-scale at the auction, we resent this report. >> up for sale tonight, a very rare opportunity to buy one of the great landscapes. it is expected to go for millions. >> 20 millio

joining me now, texas attorney general greg abbott. general abbott, nice to have you with us today. >> thank you, jenna. great to be with you. jenna: you said in an interview you're in the process of evaluating another potential legal challenge to the law. what do you mean by that? >> we already have one additional legal challenge to the law. it is a lawsuit we filed along with some other states and some other parties earlier this year challenging the federal government's regulation issued by health and human services forcing certain reledge just-based organizations to implement measures and provied products contrary to their first amendment freedom of religion beliefs. that is one that is already existing. we'll be looking at others, jenna, because the devil is in the details of health care mandates. as new rulings are issued it could violate american's constitutional rights. jenna: you think your strategy to go after the law, now that the supreme court had the ruling about this big ruling overall on this 2400 page document, is that y

and we had done bratsman and frank abbotts. so that was 1970 and we were the second most conservative delegation voting in the house. but it fit with joe coors and that's how the world saw us. all of those young hopeaholics that moved in. there were so many of them, that the permanent settlers here didn't have time to encircle them and tell them to chill out. they all came in and had selected colorado by choice. they thought it was the greatest place on the planet and they were going to make it. they were really going to make it a wonderful place to live and they were going to follow all of these things that people had talked about in the '60s. so the big rumble started in 1970 when craig barnes decided to run against buy biron rogers. he won by 30 votes out of 54,406. you forgot that, didn't you? 30 votes. he defeated this old time who had been there and everybody assumed would be there forever. that was like putting your finger in a like socket. craig didn't go on to win the final, mckof it but in the meantime aspenal got cha

learn all we need to know from history but we can how to keep faith with the promise we still have an abbott -- et obligation to keep. [aus m . >> we are here at bookexpo america, the book publishing industry's annual trade show in new york city. anotheunivsity press is represented and that is the univty o caps. iemsisuci manager for that press. we want to talk to her about some of the books that are coming out in he fall of 2012 and ms. adams if we could start with beatrice hoffman's. what is that? he c in the u.s. is thethe right to be seen in an emergency room. at a relatively new law passed in 1986. as a result of that being the only actual right that we have, the rest of our health care system cuts downtoratng ths ib. on age, income, region and results in this sort of expensive, bulky random system that we have today. the full history of how this rationing takes place and it talks about how we experience it at a uman lvevneo naser im s lo for policy solutions to this rationing? >> it's more of a history. i wouldn't call it polemical but i think anything that is going to give the history

last year there was a approval for its procedure and abbott expects to meet with a panel by the end of the year regarding aproveal. >> at the end of the day it's about patients and patient welfare this, is life saving and much, much less invasive. >> and there is also another advantage, being released from the hospital the next morning far sooner than with open heart surgery, putting him back at home, back in the garden. >> i haven't, because that have surgery, given up anything and i i spend a lot of time in the garden. >> he's planning a new round of trials looking at effectiveness at chronic heart patients. >> stay with us because coming up we have a touching foster care story for you. >> i need new pictures on the wall. over here? >> okay. >> it's not your typical family portrait. one family went above and beyond to give five children a place to call home. >>> abc 7 news has teamed up with the dream campaign. for every like $1 will go help foster kids. >> jenny is proof you don't have to give birth to be a mom. she her partner have five children. joshua came to him as a foster chil

you buy apple, believe it or not, you buy j and j, and abbott. it lets you rally if beta takes off. >> the s&p is up 10% this year, people think the stock market for some reason. but it's not having a horrible year. >> what was gdp today? 1.5%. i wish the economy was doing as well. >> thank you, we'll check in lat r, we appreciate it. >> all right, telecom stocks are red hot and they continue to outperform the market. >> yes, we have a nice rally on our hands, the dow has gained 465 points and the s&p is up 3.4% over the past few days and the strong rally feeling the that's tack up better than 2%. we're seeing some outperformers in the tech space. check out shares of sprint, moving higher today, up better than 6%. today, sprint getting a upgrade to buy from neutral. a couple winners in the pharma space. america coming in at 12.3 billion. also getting a strong earnings report from amgen, up better than 4%, and let's talk tires for a second. good year and cooper tire gaining ground after michellin reported a loss. and we have two losers in the biot

i feel rotten abbott it, but i take responsibility for my vote.s denied. >>> the ballot counting continues in a process that could seal the fate of controversial veteran democratic congressman charles rangel. laura ingle has the latest. >> reporter: under the watchful eye of congressman rangel representative and those of the main challenger, state senator adriano espaillat, workers spent the day in lower manhattan counting roughly 2,000 provisionm and absentee ballo ballots meanwhile, lawyers for the democratic rivals were in court in the bronx for hearing on espaillat's allegation that latino voters with bluerbeed or imperially asked for identification in the 13th congressional district primary. board of election commissioners refuse that and depend the workers. >> one thing i can tell you, at the end of the day, every single ballot will be counted. soon the board of elections will certify a winner this race. >> this afternoon, supreme court judge john carter ruled he will have the final word on the board of elections results once they are in. wi

growing parts of the business with the slow growth parts broken off, returning a hefty dividend a la abbott labs and craft? i like dupont. charitable trust owns it. the stock price is saying they have to get busy living or they're getting busy dieing. we are big biotech fans. one of the big ones is biogen idec. it's more in control of its destiny than most of the drug companies. we'll hear about results that could send the stock flying still higher if you can believe it. we get results from domino's in the morning. we heard that the charter is signalling a bottom but the bears won't let up on this one. that's shortsighted. perhaps they don't realize the costs they are worried about like cheese because of the spike in grain could be hurting franchisees more than the parent. i say domino's might be ready to run again. speaking of fast food and grain we are going to get the word from panera bread and buffalo wild wings about commodity costs and the impact on the bottom line. i think it's overstated. the worries are overdone. i have to wonder if chicken feed and increased bread costs could impa

the best momentum, really, from revenue perspective, would be two other stocks, merck, and abbott. merck has been the most undervalued and as a result of that, we see splitting obviously split into two companies, the pharma business and we think it's going to draw greater value for shareholders as well. >> is there still more names like pfizer, lilly, i know you talked on merck and a huge margin. >> do all of these names participate because of the great job of acquisitions over the year or is there something in the pipeline thaw like specifically? >> absolutely. i think what you have to recognize is these stocks were so oversold and they have big runs off the bottom but they are still relatively inexpensive. a stock like merck, despite the move and that's going to drive, you know, the present value of the companies and future cash flows higher and there's a whole universe of people that have not seen a new product cycle from the drug industry and these were looked at as value traps. and these pipelines that deliver. >> thank you so much. >> thank you. >> steve grasso? >> you've got

plays like abbott labs and kraft keep hitting the new high list.rocter & gamble, a lot of worth but it's all about staying in shawshank if it doesn't do something. for j & j i caught a call to make up for past sins and get a company with declining revenue streams to get busy living. do you know who put this idea of trying to improve the hand is dave cote on set yesterday from honeywell. he's a philosopher ceo more than most. he's more like red if you are looking for the shawshank analogy. he run as company many people thought, like red, couldn't adapt to the new world outside of the four walls of honeywell. no one is more aware of the moment than cote. he's passionate about solving the time bomb of the federal deficit. he's the single most articulate spokesman of all ceos on this issue. last night he told us he sees five years of no growth on the continent. do you know i almost did a danny thomas spit take, you know like when uncle tunis was in town? fortunately i wasn't sipping my tea at the moment. five years. so does cote sit there and take the

cnn foreign affairs reporter elise abbott looks at the chaotic end to clinton's trip. >> reporter: theg raising at one of the u.s. consulate in alexandria, egypt, and she was making some remarks ironically about how the u.s. wanted to support egypt's transition and the fact that the u.s. wasn't picking any winners or losers. there were protesters outside the consulate and it was harrowing for her staff and us journalists. when we left they were throwing bottles of water. they were throwing tomatoes and shoes which is considered a real sign of disrespect in the arab world and they were chants monica. i think it was a reference to monica lewinsky. obviously, they didn't understand that this was a totally new president and maybe it was a reference to bill clinton, but certainly it was harrowing. the secretary, though, never in any trouble, never in any danger, her car and her vehicle were never hit and one of the egyptian officials did get hit in the face with a tomato. ? wow! completely disrespectful and it was interesting, this comes after what seemed like a very welcome reception when

that's why we're going with breaking up is easy to do, abbott labs. let's go to andrew in florida.caller: hey, professor cramer, ba-ba-ba-boo-yah to you. >> nice! >> caller: yes, yes. please turn my day around for me, buddy. >> okay. >> caller: let me know if my portfolio is properly diversified. >> okay. >> caller: and i have five holdings. my five holdings are smith & wesson -- >> i know. just on "fast money." >> -- akorn, akrx, jpmorgan, jpm. i have cs industries, ticker cs, and then i have under armour, which recently just split. ticker ua. am i diversified? >> i like it since it came public. [ buzzer ] >> i'm tired of people getting mad at me when we're doing okay. jpmorgan is a bank. they do report later this week. hope shouldn't be part of the equation but a lot of bad news out there already. cf industries, a little fertilizer action going. smith & wesson, and under armour clothing and akorn. how about speculative pharma, a clothing company, a gun company, a fertilizer company and a bank. bingo! >> hallelujah! >> perfect. that's diversification. "mad money" is back after the

. >> i've seen that up close in new jersey, called the abbott school districts where they designate 30f the poorest districts in the state to receive aid from the rest of the state. it's a great political wedge issue usually for republicans running in the state or anybody in the suburb dozen tell a suburbanite do you want your tax dollars sent to newark and camden. >> and your premise is interesting. i get where you're going. it's acting as if these two hypothetical towns, the rich one and poor one got there by accident. why would a town that has functioned in a healthy way that has been responsible with their money that is in the black that has made good decisions, why would theyen penalized for a town that has acted irresponsibly. >> wait, wait. just -- >> this isn't necessarily about towns that can the anned responsibly and irresponsibly. >> but it could be. >> scranton and a lot of other towns when the industrial base declined everyone who could afford to leave did. so you're left with a situation where the tax base plummets. >>en an you're still paying 400 public workers in scrant

i know he and i, as an example, worked with abbott labs, building a new facility in tip city, ohio, $260 million investment, that is going to employ up to 400 new people in our part of ohio. so the governor's done a good job. i am sure the president will try to take credit for t. but i would argue that most of the decrease in unemployment in ohio came from the work of governor kasich and his administration. >> greta: we are playing a silly game of the vitial nominee of your party. any thoughts on the vice-presidential choice? >> well, you know, i am partial to rob portman. i have been a long-time friend. united states senator from ohio, served in the director of office of management and budget, under george w. bush, also served as the u.s. trade rep, served in the house of representatives as well. knows his way around washington. i think he would be a great asset for governor romney. >> greta: thanks you. >> thank you. >> governor mitt romney's world tour. how is he doing on the world stage? john bolton goes "on the record" next. karl rove is here. president obama and governor romney are

kevin powers, maria temple, matthew perk, megan abbott, lawrence block, charlotte williams, rick moodyrge, kathleen kent, jeffrey to brine, jodi kantor, jodi shields and perhaps others i've failed to remember, but what joy to work with these writers, what extraordinary admiration and gratitude we have for them. [laughter] i want to thank a few people who have been essential to conveying little, brown toward to this very happy moment. my esteemed colleagues, the

two big ones, enfamil and similac, a small portion of the business that bristol-myers squibb and abbott it's the kind of thing that we will likely be hearing from these companies on. we reached out to them for comment and haven't heard back yet, but it's the kind of thing we will likely hear from them, because in a time like this, where companies are trying to make more sales where the consumer has pulled back somewhat, they're going to make the argument that this is a problem for their business and they might even attach it to jobs. >> sure, absolutely, and that's a legitimate concern. but again, i think the issue becomes making it clear to mothers that we are behind whatever choice you make. if the woman feels, though, when she's in the hospital, that there's any judgment attack -- at "new york post," it's a famously provocative newspaper, but they've framed it that a woman will get a talkingym to i they request formula. well, that's clearly not going to be the case, but if the woman even feels like there's resistance or judgment associated with her request for formula, that's a probl

denise abbott is the mom's name.ted a facebook profile picture showing her daughter, right there, 13-year-old daughter, ava, red x across her mouth and the words, i do not know how to keep my mouth shut. i am no longer allowed to use facebook or my phone. ask me why. people will ask her, and she has to type a response. >> and now it's on national tv. do you know what's going to happen to that poor little girl? >> she is totally humiliated. >> is that a tough call? is it too much? >> more than 30 people have inquired what's going on. and she's had to say i treated my mom disrespectfully. she emailed them, i have decided not to do this again. i have learned my lesson. in about a week, she can go back on facebook and use her cell phone. >> i don't know. is this a tough call? >> i'm the parent of one teenager and one teenager emeritus. i am not second guessing anybody's ways of getting through 13 to 21. >> there is cyber bullying and now cyber discipline. i asked a mom before i came on, and she said you've got to hit the

abbott right here. i see also kraft foods. i see wal-mart, jpmorgan chase. of these companies realize that veterans are great employees and they're all well on their way of their goal of hiring something like 100,000 veterans for jobs by the year 2020. martha: because there are jobs out there as evidenced by the tables you're walking around because they're looking for good people but one of the issues often when people come back from the battlefield is how to get skills they need, right, doug? >> reporter: that's right because it is a difficult transition for a lot of vets before they come to the private sector. but before we get to that i want to play you a sound bite from one of the representatives from jpmorgan here. okay, apparently we don't have that. in any event they want people to drop the yes, sir, knows lingo no, sir, lingo and talk about the ememployment level. martha: nothing wrong with a little yes, sir, no, sir for a while. doug mckelway. thank you, sir. bill: there was a desperate rescue effort underway after a deadly summit avalanche. the lat

as we did with abbott laboratories, today's resolution seeks not only to punish wrongdoing and recover taxpayer dollars, but to ensure future compliance with bell mall. the corporate integrity agreement which hhs and the inspector general will describe, exemplifies best practices and compliance. but that agreement and the other agreement thegsk to maintain certain compliance policies that the company has put into place recently. in addition, for the next five years, the plea agreement requires gsk report to justice any probable violations of the federal food drug and cosmetic act concerning promotional activities. u.s. president must personally certified the company must comply with all every year. for every day that one of these reports of certifications is late or one of the policies is not maintained, gsk agrees to pay the government $20,000 in damages. the changes required may not and health care fraud, but they will go a long way to bring about much-needed change in the with the pharmaceutical industry conducts business. because one of many companies already played by the rules, t