concept and the truncated frame of reference that they have it's not that the market started with adam smith the markets in its core philosophical basis of specialisation and trade and handicraft and barter and and using mediums of exchange that's come back thousands of years so we have tons of history to reference about what this type of pattern does. yes and check out that full interview with peter joseph online at our you tube channel you tube dot com suspect in the set. stick around you guys next will break the stage with music from a heart beat if you want to miss it. americans also came up with another reason to reach a democracy people wanting to be liberated people wanting to be free you reach is also you know part of the message of their revolution now he's a new more. the new model is to use. the same sources the same research for this you push you create the conditions you say some country house if. you will but the mass destruction. in the case of the so really what was that was that this was a week like. sort of on june sixteenth one thousand forty one we had a graduation party

like the adam smith institute which has fought alongside the tories for a free market economy since margaret thatcher's day. none of the book front to send out and i knew it's been a new will be able to play them so they think the states to allow interest rates of them it was all wrong. well something has to go up when they do go up and then lofted was injured and i'm still seems to be committed and that means that because an even bigger problem alone his younger colleague whose witness keeping report on the health to buy scheme goes even further. i think is very cynical i mean it's a tried and tested thinking about it but conservatives to use credits to buy people's votes because this is the classic and wales. basically by people's votes but without increasing the task of all this is all she needs something does go wrong will be it'll be five or six years down the line that the whole thing explodes. so the people who encounter an hour to pay the price. thought not only that that helped to buy scheme has already said real estate prices soaring the asking price for a five room apartment at hy

concept and the truncated from a reference that they have it's not that the market started with adam smith the markets in its core philosophical basis of specialisation and trade and handicraft and barter and and using mediums of exchange that's come back thousands of years so we have tons of history to reference about what this type of pattern in does. yes and check out that full interview with peter joseph online at our you tube channel youtube dot com on the set. stick around you guys next will break the stage with music from a heart beat if you want to miss it. exactly what happened that day i don't know but a woman killed. piers later is when i got arrested for. for a crime i did not do. we have numerous cases where police officers lie about polygraph results. innocent people to confess the police officers don't beat people anymore i mean it just doesn't happen really. in the course of interrogation why because there's been this is like men know because the psychological techniques are more effective in obtaining confessions than physical abuse and they were often they could get what

concept and the truncated from a reference that they have it's not that the market started with adam smith the markets in its core philosophical basis of specialization and trade and handicraft and barter and and using mediums of exchange that's come back thousands of years so we have tons of history to reference about what this type of pattern does. yes and check out that full interview with peter joseph online at our you tube channel youtube dot com. stick around you guys next will break the stage with music from the heart beat you know what a mess it. is obviously more for the latest because it's pink. women wanted to avoid rate they really needed to buy guns environ how to use them i'm. sure this is the one that i want to go with them once again it's the feel of. when the definitely the target of the gun lobby look you don't kill them when the killing many would have somebody with you with this with her. i'm noticing more and more and that's really scary marketing tactics which implies that women have some sort of moral obligation to protect their family and young girls shoot out here

concept and the truncated from a reference that they have it's not that the market started with adam smith the markets in its core philosophical basis of specialization and trade and handicraft and barter and and using mediums of exchange that's come back thousands of years so we have tons of history to reference about what this type of pattern does. yes and check out that full interview with peter joseph online at our you tube channel youtube dot com. stick around you guys next will break the stage with music from the heart beat you don't miss it. meanwhile in vietnam blue car count the former general director i go bank financial faces the death penalty for embezzling five hundred thirty three billion dong. that's about twenty five billion dollars. and oh also this week a former u.s. senator is a confessed to complaining or committing some horrific deadly money printing since many more dongs than five hundred thirty billion were embezzled from the american people according to andrew hutaree who admitted to a gruesome bond buying spree that had financially butchered main street america the

concept and the truncated from a reference that they have it's not that the market started with adam smith the markets in its core philosophical basis of specialization and trade and handicraft and barter and and using mediums of exchange that's come back thousands of years so we have tons of history to reference about what this type of pattern does. yes and check out that full interview with peter joseph online at our you tube channel youtube dot com. stick around you guys next will break the stage with music from a heart beat if you want to miss it. americans also came up with another reason to reach a democracy people wanting to be legally people wanting to be free you reach is also you know part of the message of they have revolution always a new mode. to use. this. push you create the conditions you say some country has. with the mass destruction. in the case of. this was a week like. meanwhile in vietnam cock out the former general director bank financial faces the death penalty for embezzling five hundred thirty three billion dong. that's about twenty five billion dollars jump shots

recovering trade attorney i actually read the damn things and the philosophers of free trade like adam smith and david ricardo are rolling in their graves because it's like one page a real free trade tariffs and then all the other stuff is again like a trojan horse you put the brand outside what a nice present. it rolls right into your country and causes disaster now the good news is in the us constitution this agreement can only go into effect if congress says yes so even if the administration signs it does it mean anything all of us need to get real noisy fights going to be in the house of representatives not the senate's if we all call our house members and insist that they keep their constitutional authority over trade because now president obama's trying to get the delegates away is. that if you want to can you quickly expand on what the so fast track is this procedure that was actually cooked up by richard nixon and the idea was to get congress to give away all of its authorities in the u.s. constitution that the founders gave control over trade and the right to write legislation i'm j

recovering trade attorney i actually read the damn things and the philosophers of free trade like adam smith and david ricardo are rolling in their graves because it's like one page a real free trade cut the tariffs and then all the other stuff is again like a trojan horse you put the brand outside what a nice present and then it rolls right into your country and causes disaster now the good news is in the us constitution this agreement can only go into effect if congress says yes so even if the administration signs it does it mean anything all of us need to get real noisy fights going to be in the house of representatives not the senate's if we all call our house members and insist that they keep their constitutional authority over trade because now president obama's trying to get the delegates away is the. last you want and can you quickly expand on why so fast track is this procedure that was actually cooked up by richard nixon and the idea was to get congress to give away all of its authorities in the u.s. constitution that the founders gave control over trade and the right to write legi

recovering trade attorney i actually read the damn things and the philosophers of free trade like adam smith and david ricardo are rolling in their graves because it's like one page a real free trade cut the tariffs and then all the other stuff is again like a trojan horse you put the brand outside what a nice present and then it rolls right into your country and causes disaster now the good news is in the us constitution this agreement can only go into effect if congress says yes so even if the administration signs it does it mean anything all of us need to get real noisy fights going to be in the house of representatives not the sun that's if we all call our house members and insist that they keep their constitutional authority over trade because now president obama's trying to get the delegates away is the. last you want and can you quickly expand on what the so fast track is this procedure that was actually cooked up by richard nixon and the idea was to get congress to give away all of its authorities in the us constitution that the founders gave control over trade and the right to write

invisible hand that helps make the big decisions for american businesses and we're not talking about adam smith we're talking about mckinsey and company plus lululemon is having some transparency issues and we'll discuss all of that on today's big deal stick around we'll be right back. i would rather as questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on our t.v. question or. considered one of the most prestigious management consultancy firms in the world mckinsey and company is not only incredibly powerful but it's played a fundamental role in molding american capitalism as we know it today started in one nine hundred twenty six by accountant james mckinsey today the firm also mckinsey better known to those in the know as the firm employees over seventeen thousand people and grossed more than seven billion dollars in revenue last year now over the years the firm has had some tremendous accomplishments and equally as stunning failures but joining me now from now our new york studio to discuss is jeff macd

recovering trade attorney i actually read the damn things and the philosophers of free trade like adam smith and david ricardo are rolling in their graves because it's like one page of real free trade tariffs and then all the other stuff is again like a trojan horse you put the brand what a nice present and then it rolls right into your country and causes disaster now the good news is in the u.s. constitution this agreement can only go into effect if congress says yes so even if the administration signs it does it mean anything all of us need to get real noise . see the site's going to be in the house of representatives not the senate if we all call our house members and insist that they keep their constitutional authority over trade because now president obama's trying to get the delegates away is the fast track that i ask if you want to can you quickly expand on what that is so fast track is this procedure that was actually cooked up by richard nixon and the idea was to get congress to give away all of its authorities in the u.s. constitution that the founders gave control over trade and t

recovering trade attorney i actually read the damn things and the philosophers of free trade like adam smith and david ricardo are rolling in their graves because it's like one page of real free trade cut the tariffs and then all the other stuff is again like a trojan horse you put the brand outside with a nice present and then it rolls right into your country and causes disaster now the good news is in the u.s. constitution this agreement can only go into effect if congress says yes so even if the administration signs it does it mean anything all of us need to get real noise . the site's going to be in the house of representatives not the senate if we all call our house members and insist that they keep their constitutional authority over trade because now president obama's trying to get the delegates away is the fast track that i asked did you want to can you quickly expand on what that is so fast track is this procedure that was actually cooked up by richard nixon and the idea was to get congress to give away all of its authorities in the u.s. constitution that the founders gave control o

invisible hand that helps make the big decisions for american businesses and we're not talking about adam smith we're talking about mckinsey and company plus lululemon is having some transparency issues and we'll discuss all of that on today's big deal stick around we'll be right back. a plus but. we're going to do the job that you know the price is the only industry specifically mentioned in the constitution and. that's because a free and open press is critical to our democracy but all those years. ago. in fact the single biggest threat facing our nation today is the corporate takeover of our government and i would simply go we've been a hydrogen right hand full of transnational corporations that will profit by destroying what our founding fathers but once sold to us by job market and on this show we reveal the big picture of what's actually going on in the world we go beyond identifying the problem to try rational debate in a real discussion critical issues facing america if i ever feel ready to join the movement then welcome to it. i would bet that. a society that case i think corporation tr

governments a bit to do it might be right market failure once again to get back to the you know adam smith it is observations during the enlightenment are still true today but they're not being applied today because you end up with these pockets of failure unfortunately zach also we are out of time but before we go just one more time for viewers out there the campaign is called recall to get twenty thousand signatures that it moves up and is considered where do people go to dissipate in this recall government petitions look at my twitter and i know you've read tweeted it as well there's a link there to petitions government petitions that's come pain for proper recall it's got my name on it it's on the state could do i need as many people as possible to sign and then i can take it into parliament and hopefully make a difference all right great jack also thanks for being on the kaiser report thank you very much. and that's going to do it for this edition of the kaiser report with me max kaiser and stacey lambert i'd like to thank our guests jack goldsmith a member of parliament for richmond

government so that to do it might be right market failure once again to get back to the you know adam smith it is observations during the enlightenment are still true today but they're not being applied today because you end up with these pockets of failure unfortunately zach also we are out of time but before we go just one more time for viewers out there the campaign is called recall to get twenty thousand signatures that it moves up and is considered where do people go to dissipate in this recall government petitions look at my twitter and i know you've retreated as well there's a link there to petitions government petitions that's come pain for proper recall it's got my name on it it's on the state could do i need as many people as possible to sign and then i can take it into parliament and hopefully make a difference all right great jack also thanks for being on the kaiser report thank you very much. and that's going to do it for this edition of the kaiser at par with me max kaiser and stacey lambert i'd like to thank our guest is actor goldsmith a member of parliament for richmond par

what government so that to do in my right market failure once again to get back to the you know adam smith it is observations during the enlightenment there are still true today but they're not being applied today because you end up with these pockets of failure unfortunately zach also we are out of time but before we go just one more time for viewers out there the campaign is called recall to get twenty thousand signatures that it moves up and is considered where do people go to dissipate in this recall government petitions look at my twitter and i know you've retreated as well there's a link that's a petitions government petitions that's come pain for proper recall it's got my name on it it's on the state could be i need as many people as possible to sign and then i can take it into parliament and hopefully make a difference all right great jack also thanks for being on the kaiser report thank you very much. and that's going to do it for this edition of the kaiser report with me max kaiser and stacey lambert i'd like to thank our guest is actor goldsmith a member of parliament for richmo

i would imagine the cato institute is also wondering, are adam smith in the free trade philosophers rollingin their graves? because that is protectionism. this is pat monopoly. this is copyright extension. this is actually exactly what bill just talked about, which is powerful special interest, big pharma, disney and the other big content guys, undermining us as consumers are access to the internet, our access to affordable medicine, and are using their power to put that into an agreement that they have got misbranded as free trade. that is what the real tpp. so maybe we agree between the consumer group public citizen ,nd cato what is in tpp whatever you think about free trade, ain't so good for most of us. >> this is a rare occasion where i do agree with lori wallach. i agree that what is going on in the ip chapter is a special interest of free-for-all, a grab bag him at that u.s. companies are pushing to get what they want and these agreements. the problem with that is that intellectual property is not a trade issue and it shouldn't be in the agreement. originally, adding it into the agre

concept and the truncated frame of reference that they have it's not that the market started with adam smith the markets in its core philosophical basis of specialisation and trade and handicraft and barter and and using mediums of exchange that's come back thousands of years so we have tons of history to reference about what this type of pattern in does. yes and check out that full interview with peter joseph online at our you tube channel you tube dot com. stick around you guys next will break the stage with music from the heart beat you're going to miss it. but he has something to say everybody. first want to sit next to on an airport. i mean there's always in the waters about how that's whether it's a ballet dancer a ballplayer present things that are curious to me is it just things i think about . that we're not a. i'm the president and i'm a society that i think. kind of convey to. the bank all that all about. that for a politician right the boss and recipes. just two. days. that. for many in the world israeli palestinian conflict is an inherent clash of culture of war between blood en

when adam smith wrote wealth of nations, the wealth he was talking about were things.xample he used was a tree branch on the ground has no intrensic value, but it you add labor, it has wealth that's multigenerational actually. we have in our trade policies and economic policies have been devastated our ability to make things. and what has stepped into that brief is let's make money with money. and making money with money looks like wealth because there's a lot of money moving around and third of our economy is this fire, the financial economy. but it -- there's no real wealth associated with it. so what you're looking at is bubble. it's just bubble. >> you write about the koch brothers and other folks like that. when we have the rich, the super wealthy having an out sized amount of control over our political system, especially our elections and way we make laws, do we even have a true democracy at this point? >> arguably not. we have a corporatal garty and you can thank the supreme courts to a large extent for this. >> but it pre-dates citizens united, going back to th

adam smith, the ranking member of the house armed services as well as senator levin and senator inhoff are just as interested in this as we are on our side. that's an essential place to start. i'm also very encouraged with a lot of what frank kendall had to say here ten days ago. and i guarantee we will be more than happy to sit down and go through with him line-by-line, federal regulations to thin them out and to simplify them. of course, along the way, we can't just focus on big d.o.d., we've also got to work with the services up and down the chain of command. you're not going to do this without full participation of the industry partners that dr. hambry talked about. but i think we're at a point where everybody agrees this, is the time we have to act. we started october 29 with a hearing look back at the last 25 years of acquisition reform efforts. three excellent witnesses that came the insights. we're going to continue across government and outside of government. and, again, so far, there's been nothing but eagerness to help. i expect we're going to have working groups across orga

concept and the truncated from a reference that they have it's not that the market started with adam smiththe markets in its core philosophical basis of specialisation and trade and handicraft and barter and and using mediums of exchange that's come back thousands of years so we have tons of history to reference about what this type of patterning does. check out that full interview with. stick around you guys next we'll break the stage with music from the heart beat we don't miss it. i think. we're going to go digital the price is the only industry specifically mentioned in the constitution and. that's because a free and open press is critical to our democracy shred albus. role. in fact the single biggest threat facing our nation today is the corporate takeover of our government and our crafts to mco we've been a hydrogen why a handful of transnational corporations will profit by destroying what our founding fathers once told us i'm tom hartman and on this show we reveal the big picture of what's actually going on in the world we go beyond identifying the problem trucks rational debate and

there are issues which make it a challenge and in fact, interestingly enough, it was adam smith over 200 years ago developed the concept of free market society. he said, i am paraphrasing here, he said great nations are not impoverished by their people. they are impoverished either governments acting badly. he used the term -- i replaced it with badly. basically, it means governments acting inappropriately. milton friedman said it another way. he said if you put the federal government in charge of the sahara desert, there would be a shortage of sand in five years. [laughter] the simple fact is that there are forces which negatively impact the economy. i would like to mention three of them that i think are really of concern today. the first is our federal debt and deficit. you simply cannot run a country if you run up a deficit and a debt which you can't sustain. we have double tower debt in the last five years. we will triple it by 2020. we are on a pathway which puts us in a debt situation where our debt to gdp will equal other nations who have at extraordinary problems such as gree

it's really floated on the internet. 27-year-old seth adam smith has written a blog about his fear ofen 25 million times and counting. it's not exactly what it seems. >> thank you. >> reporter: seth and kim smith. the picture-perfect image of young love. >> kim and i met in high school when we were 15. definitely the most beautiful girl i've ever known. >> reporter: friends for nearly a decade, they fell in love and got married. after just a year and a half -- >> we were living in the same house. but we were growing apart. >> reporter: it's something that 27-year-old seth tackled in his highly viral and controversial blog, spitaled marriage isn't for you. i've recently come to the conclusion that marriage isn't for me. >> my reaction was probably the same as a lot of people who saw the title. >> reporter: steph admits, he always had doubts about marriage. but went on to write that it was a heart-to-heart conversation with his dad before the wedding that changed everything. >> he said, this decision to marrying her is not about you. i mean, it's about the person you're marrying. and it

there are issues which make it a challenge and in fact, interestingly enough, it was adam smith over 200 years ago developed the concept of free market society. he said, i am paraphrasing here, he said great nations are not improper state -- impoverished by their people. they are impoverished either governments acting badly. -- i replacedrm it with badly. basically, it means governments acting inappropriately. friedman said it another way. he said if you put the federal government in charge of the sahara desert, there would be a shortage of sand in five years. [laughter] the simple fact is that there are forces which negatively impact the economy. i would like to mention three of them that i think are really of concern today. the first is our federal debt and deficit. countryly cannot run a if you run up a deficit and a debt which you can't sustain. we have double tower debt in the last five years. we will triple it by 2020. we are on a pathway which puts us in a debt situation where our othero gdp will equal nations who have at extraordinary problems such as greece, italy, ireland,

and thft, interestingly enough it was adam smith over two years ago developed the concept of a free market society which is who caught this issue and he said, and i'm paraphrasing here. he said essentially great nations are not impoverished by their people. great nations are impoverished by their government's acting badly. prodigiatlity. but i replaced it with badly. which means governments acting appropriately, wastefully, mismanaged. wilt said it another way. he said if you put the federal government in charge of the sahara desert, there would be a shortage of sand in five years. [laughter] the simple fact is that there are forces which negatively impact a free market economy and democracies' path. i would like to mention three of them that i think are of concern today. the first, of course, is our federal debt and deficit. you simply cannot run a country if you run up a deficit and a debt which you can't sustain. we have doubled our demet the last five years. we will triple it by 2020. we are on a pathway which basically puts us in a debt situation which our debt to our gross national p

adam: ed smith. he was owner. >> eddie smith. we ended up having a great time. e his father bought that car new probably around $12,000 in 1967 and brought $27.5 million. adam: bring the budget. you're selling million dollar vehicles. a lot of people watching may be people like me. i spend 10 grand on the side. what are cars i should look at? some people say it is on investment. peter mull en, said don't buy it as investment, buy because you love it. if you want to do as investment for people? >> mgas, triumph. tr-6. i used to go to lay land's in london about an hour away. picture of my head would be stuck in the window and dream of having a tr-6. those are 20, 25,000. you can drive these cars every day. you did in the '70s, right? they don't have some of the luxuries that the cars do today but there is less to break. adam: less to break. i think someone once told me carburetor is french for, don't touch it, leave it alone. >> right. adam: the auction is the 21st. >> correct. adam: this is the first-of-its-kind in 10 years. do you think you will be setting any re

they're calling it an unconventional love letter written by seth adam smith. he is married to kim.a half of marriage, things went south. they moved to florida so she could study, a graduate student there. and like so many couples, they found themselves at this cross roads. he wrote this post. having been married only a year and a half, i've recently come to the conclusion that marriage isn't for me. he goes on to write, guys, to all who are reading this article, married, almost married, single or even the sworn bachelor or bachelorette, i want you to know that marriage isn't for you. no true relationship of love is for you. love is about the person you love. we had a chance to interview him and in his interview he said writing this post was a capstoeb of everything i'm learning. hopefully someone going through a similar experience will be able to turn around their relationship. that was my hope. they were able to turn around their relationship. if this is raw this is real, i think it reflects what a lot of couples experience. he put this on the internet. pouring out his heart to al

let's bring in our panel, adam shapiro on set, rich edson in d.c., sandra smith in the pits of the cmek the -- i know you believe the private sector's better at everything. dennis: every job you could possibly work is better off in the private sector. i think it's just a tragedy that, you know, veterans under the age 25 have an unemployment rate now of 20%. i think the bigger problem is similarly that our economy's not growing with enough new jobs. cheryl: adam, do you agree or disagree? >> it's a silly statement to say that every job in the private sector is automatically better than a job with the government. no need to call it silly. i think a lot of government people at nasa would tell you that's not the case. but it depends on the skill set they have. there are veterans that have incredible skills that might find a great outlet within government work. dennis: you're not saying government's better, adam. >> no. but you're saying private's always better. the benefits with the government right now -- >> jobs contribute to the economy, government jobs suck money out of the economy. ch

we've got adam shapiro joining us, rich edson in d.c., sandra smith in the pits of the cme.ask you this one first, you're in the middle of washington where certainly obamacare is the story, but are we jumping to conclusions about the failure of the plan overall? >> reporter: well, there are months that people will have and the administration does have time to get this going, and this is going to be a years-long process. i think the real damage for the administration might not necessarily be the rollout, it's just the way it almost feels deceptive, that, yes, the exchanges are going to be ready to go on october 1st, they knew well before then they weren't going to be ready to go. and then there's this idea that, well, you can send in paper applications, and you can call by the phone, but now the notes show that the administration knew all along that wouldn't be a more efficient process. so as this goes on, i think the problems become the administration's handling of it and not necessarily the obamacare glitches which, hey, if everything's working in the next few weeks, we'll

smith joins us with today's trade. some people are happy about cheaper gas prices but not everybody. adam: >> when you think retailers jumping for joy if you extra bucks in their pocket they're not spending on gas but they spend in the store. i want to hit on oil prices right now because the trend to the downside does continue in the energy market, oil prices down $1.37 hitting a low level since the beginning of june, four month lows and that is translating to lower gas prices. trades at the cme, hitting 22 month lows in today's session. energy prices continue to the downside and here is will be looking at, the national average, aaa reporting the average price for a gallon of gasoline fell overnight to $3.24, that is down $0.11 from what we were paying a month ago and $0.23 from what we were peer and a year ago. and that is the average 24, there are a five states seeing state average below that big $3 mark from missouri, oklahoma, arkansas, texas, according to gasbuddy.com, tripoli reporting ten status by the end of this year are going to see the state average at the bomb below $3, and ex

dagen: sandra smith is here with today's trade from the pits of the cme. adammight turn away because the chief commodity analyst at goldman sacks out with another dire warning on gold prices saying they are probably going to fall 15% next year. the year end price target is now set at $1,050 a troy ounce. put that in perspective, today we are looking at goal that $1,240 a troy ounce though they are calling for gold to fall another $200 by next year from where it is today, another $18 right now. this obviously adding to the sell-off we have seen of late, gold prices fell $30 in yesterday after trading session basically saying the potential loss for gold is significant because of the improving -peconomic situation in the unid states. they said as that happens the fed is likely to raise interest rates, not have those buyers flocking to gold as we had when the fed implemented the easy money policy. gold year to date for this year down 5%, paid for its first annual drop dating all the way back to the year 2000 and also bearish on copper prices as well. we are at $12.

adam: i am a cleveland indians fan so be careful. all the best to you, hank smith. webmac you like that reference. peer come headline on oil today, expecting the u.s. to surpass russia and saudi arabia as the top oil producer by 2016 and it is thanks to a boom in shale oil. phil flynn of price futures group is in the trading pits of the cme, this should be no surprise to you but we are getting some dates on this. phil: we are. we will party like it is 2016. it is already impacting the market. we are seeing oil prices making new lows as we speak, $93.88, it is because of the shell gas production, we expect to build in supplies, supplies being a record amount for this time of year but that is weighing on the market so it is not positive but it is not just the u.s. it is more america, talking about brazil. what they said was impossible, north america to be a major oil producer of few years ago is happening and if you put razil, the united states, canada, the biggest growth in oil production will be in north america. the biggest growth for demand is in asia and they are

smith relaxes before his run while watching two tear up the track. >> couldn't ask for nicer weather. mid-70s, clear day, perfect day for racing. tommy adamsellow car and david hugo was the driver of the lumina in the right lane. >> the drivers get the green light and the race starts as it is supposed to. >> when the cars took off down the track, everything looked so smooth. both cars lobbed side to side, no unnecessary fishtailing and no stupid moves at all at that point in time. everything looked as it was going as normal for a drag racing. >> a friend and competitor of both drivers for years. having raced against them several times. he has great respect for their skills. >> tommy haas been racing since '69. he was a true racer. if the tracks were opened and there was something going on, he was there. david hugo was a smooth driver. they had a team that would do anything for you. as far as i know, tommy adams nor david hugo has ever, ever had an accident up until that day. >> both drivers' flawless track records are about to take a major hit with a heart stopping collision all caught on camera. >> david hugo on the right lane looked like

adam aaronson. connell: credit suisse calling for a big drop in commodities, the latest in firms for energy and metals, that type of thing. dagen: sandra smithter: hey, dagen and connell. actually, i was just talking to friends in a really widely-read newspaper, and they just walked up and kind of said we're big buyers at these levels because goldman sachs, credit suisse, they've all been so bearish in talking down these commodities markets that it's starting to look attractive from a buyer's perspective. credit suisse is basically saying, yes, commodity prices have sold off, but they believe over the next few months they're going to sell off even more. check out these five-day changes. silver, copper and gold, three of the worst performing commodities. obviously, silver and copper more industrial-type metals, very closely tied to the global economy. they are saying the reason they're weak on commodity prices is not because of supply, but it's -- sorry, not because of demand, but more of a supply angle. there's an oversupply of some of these. look at the year to date change, corn down 39%, silver, coffee, gold, wheat, double-digit percentage