much better between us when i was periodically dragged into that electronic something from hell, abercrombieand fitch. talk about paralyzed in your pleasure in retail. the firm that once sold been fishing rod and help out the attentive roosevelt for the bar and how a 12 story shop in manhattan with a log cabin on the road after come in fits and early 1990s change its focus to sell overpriced beaters and half naked aryan men to the youth of america. the blown up in black and shots of muscular self-satisfied bond pretty boys in low-slung boxer shorts may have been attracted to my daughter, but all i kept thinking was, hitler youth. and statutory rape. the deafening boom boom dance floor music was supposed to convey, like, like dude, we were in a totally cool zone. but i always felt like i was trapped in godzilla's left ventricle. when the homeric excursion was mercifully over, my daughter would be in possession of various items that would turn her into a walking billboard for abercrombie and fitch. and carrying shopping bags with bare naked sushi grade torso's that proclaimed that nothing, not

i'm looking at abercrombie trading at 2010 earnings. jan, give me one that hasn't already had a significant run or where it isn't priced and you think there's more room? >> i like collective brands. payless shoe source and they're about a $40,000 household income company. they really haven't seen the run yet, but they're doing a great job. they have product and keds is in gap now and spery is in j. crew and now fashionable and will get business from that lower-end consumer when she comes back. if gas prices doesn't kill us -- >> that's a good point. stay with that for one second. if gas prices don't kill us, what is your risk assessment there? >> if we see $3.50 gas, my love of collective brands payless shoe source may be somewhat less. >> we'll leave it there. thanks to both of you. speaking of retail power lunch has a rare interview with j. crew ceo millard drexler and we get his take on the economy and consumer spending. >>> fears about greece are rattling investors. what a debt default would actually mean for the markets. >>> up nex

. >> for the seventh season in a row, surveys show abercrombie and fitch is the most popular place for teens to shop. while experts say it's okay to want to fit in, they stress now's the time to find your own style. >> clothes are a great way to express your own style and personality. for teens, you're kind of figuring out who you are on the inside, and you can express that by what you look like on the outside. and that can change from day to day. >> many trends come from young people who experiment. you may wonder why this male mannequin is wearing a dress. that's because this is a "baby doll" dress -- just for guys. it was created by fashion designer anna sui. but the trend didn't start with the designer. it began when grunge rocker kurt cobain wore his girlfriend courtney love's "old" or "vintage" dress over long underwear. he was encouraging guys to express their "feminine side." he also started another fashion trend. >> what grunge did for us in the late 20th century is really incorporate the use of vintage fashion into everyday dress and encourage people to self-style. >> youthfu

snyder, watson, els worth, moore, delahunt, stupak, kennedy, gordon, tanner, baird, massa, wexler, abercrombie, and five from the senate. dodd, dorgan, botch, kaufmann. the climate for democrats seems to have been a toxic one. the party is now polling at l-t question. what explains the exodus of leading democrats like senator dodd? is this a case of rats leaving a sinking ship? >> well, dodd's got a particular problem. he really could have lost that seat for the democratic party, john, but overall, i don't think there's too many democrats retiring, but there is a hellish problem in the democratic party. the president is down to his lowest level. health care reform has gone down ever sips it passed. the polls show the democratic party running for congress at a lower level by four points than it was in 1994 when they got wiped out and lost 52 seats. it is really the slew of despond, and there's real apprehensions because tea party and republicans are very energized. there is one hope for the democrats, and that is sort of bright lights in the national economy, but that's what they've really got

and patty edwards say they are going through retail puberty, and quote, it is not pretty at abercrombie and fitch. and at costco, deli, and not so many tvs, but double-digit growth causing the market to swoon, others warned against overreacting. demand has not returned to pre-recession levels. a lot of march's surprise came from an early easter which could hurt april. still, april may have the secret weapon, ipad, proving that consumers can spend hundreds when they want to, and best buy, one of the companies not reporting sales says that the stash of ipads is already sold out. it is supposed to get more this weekend and steve jobs reporting today that so far in six days, 450,000 ipads have sold, and now overall in retail, they are saying they expect sales to be weaker in march, but not that much impact on earnings, because april is a much smaller clearance-driven month. maria? >> thank you, jane. so is the comeback real or temporary bump from the pent-up demand. we have steve liesman on that angle. steve? >> well, maria, there are reasons to be skeptical of the blowout numbers like you

a special election will take place may 22nd to fill the seat previously held by neil abercrombie nows old stomping ground be sending a republican to washington, d.c.? joining me from honolulu city councilman and member of the u.s. army reserve, charles welcome to the program. thanks for being with us. >> thank you for having me on. >> sean: aloha, thank you for being here. apparently, democrats think a lot of your candidacy national democrats have launched massive attacks you. tell us what they are saying about you? >> i guess it is a good sign democrats are spending hundreds of thousands to tear down my candidacy. sure sign they are afraid what the voters of hawaii may do. some attacks have been that i supposedly favor shipping jobs overseas. the reason for that is because i signed a pledge not to raise taxes. it is utterly prepros -- preposterous claim but a sign of how desperate the democrats are. we can win. if we win here in hawaii it makes a profound statement for the republicans to take back control of the u.s. house of representatives this coming november. >> sean: it seems t

abercrombie and fitch got an upgrade today from bank of america, merrill. and also, today, an ipo and maybe not as well as some folks would have liked, and the stock opened lower and perhaps overpriced as some on the program earlier on this program did in fact say, but the market clearly for ipos has picked up after what was a dismal 2009, and people see that as a positive sign as well. maria, i will hand it back to you and say that the last time we closed above 11,000 on the dow is september in 2008, and we failed to close above that level, and now i think that everything is going to come down to earnings season which kicks off monday with alcoa, and as we said that stock was downgraded a couple of times this week, so i would say there is a little psychological impact that could be right off of the bat here in the earnings season that we may get a disappointing report from alcoa, which is at least what some on wall street expect, and the impact going forward. >> well, the expectations have been drop and people have the expectations high out there with the

abercrombie & fitch target going from 37 to 50. >> good news for a company struggling for a long timee jumping on the bandwagon after they reported sales. >> american eagle downgraded to underperform from a buy. the target there cut from 23 down to 18. >> that's a young look, andrew. american eagle. >> i heard about that. >> too young for you? >> you strike me more as a hot topic guy. >> that was most excellent. >> cargo pants. >> the buckle. >> i'm thinking paul stewart. >> lane bryant, something like that. >> carl, that's way off. >> we'll go to our strategy session and find out how both sides prepare for the midterm battle and when fed insiders speak, markets listen. we'll have a report on which players are most influential when they open up about interest rates and the economy. which ones should we really listen to? >>> a gop strategy session. we open up the floor to discuss the midterm elections and how the makeup of capitol hill could be much different by the end of the year. >>> states of pain. >> ow. >> quit it. >> ow. >> quit it. >> what's with this? >> ow. >> quit it. >> pen

thank the sponsors of this bill, my solo pacific island delegation members, former congressman abercrombie, congressman faleomavaega, congresswoman bordallo, and congressman sablan for their support. since 1969 the hawaiiian delegation and the society of d.c. have hosted the lei draping ceremony. the ceremony has been held on or about june 1 is to coincide with the celebration of kamehameha day, a state holiday in hawaii. this year the event will be held in d.c. on sunday, june 6. the location of the kamehameha statute in emancipation hall requires that a concurrent resolution be passed to authorize the use of the space for this ceremony. king kamehameha is a legendary figure to the people of hawaii and pacific. he was the king of great physical and mental pow rest -- prowess who united the hawaiian islands. he was a fierce warrior, a resourceful strategist, a visionary, and ambitious leader, and above all an unrelenting protector of his people. for much of its history the hawaiian islands were controlled by competing chiefs. they waged frequent battles over land and resources and witnesse

million quote closely by the two representatives from coli at 147 and 138 million respectively, neil abercrombie, foul by republican former committee chairman bill yamelie of florida and stephanie herseth of south dakota who came in with $190 million. as people look through the pig book and add up the numbers to match this is $2.5 billion with the individual numbers calculated because members have asked multiple projects, more than one ask for a project but it's all there in our database at cagw.org and several of her other records included the hell bent on earmarks reward, 10 million for the home sat down security congressman held rogers of kentucky and the mission is organized and kentucky's higher institution -- higher education institutions to get more money for holland security projects. in other words, it is to help get more earmarks. in 2007 there was revenue of $3.57 million and since then congressman rogers has had $20 million for this organization. the narcissus awards has several candidates in this year goes to senator tom harkin, $7.3 million to continue the grant program in iowa and