he has dubbed the mother of all bubbles addison wiggin publisher of financial . to use the war metaphor because it seems so popular with with the media there is a war between deflation which is the natural de leveraging process that happens at the end of a credit bubble and inflation which is the natural result of trying to reinflate the bubble and that's that's when we get the federal reserve. meeting minutes that's the debate that they're having they're trying to reinflate the bubble and then we're reassured by mr bernanke the fed governors that they'll be able to measure the moment at which they put on the pedal too much and the and inflation is going to take off and that's the debate. is going to meet this week and we're going to hear more about whether they think they're injecting enough money into the economy or not enough that's the way the system is regulated the danger is we just enter into a period where people lose interest in the stock market entirely they don't consume as much they certainly don't as produce as much as they used to and the entire eco

and that was addison wiggin executive publisher of core financial. i. i. i. time now for word of the day when we break down a financial term or concept for our very smart the or but maybe not the financial expert and today the word is quite fittingly given that the world economic forum is upon us it's known simply as davos because that is the name of the swiss mountain hamlet it's held in every year how does the man fit in well here's one headline man ways future of capitalism. so what exactly does that refer to well we have a definition davos man is an expression which refers to the global elite of wealthy men whose members view themselves as completely international where to come from samuel huntington the late harvard professor an influential american political scientist is credited with inventing that term he said the davos men have quote little need for national loyalty the you naturally boundaries as obstacles that thankfully are vanishing and see national governments as a residues from the past whose useful function is to facilitate the elites global o

welcome back in this second part of my interview with addison i ask him what he has timeframe is how he sees the bursting of a decades long credit bubble playing out and if you think that this depression will get so bad that the american government will stop at nothing to prevent the economy from bottoming out as americans agree to forfeit whatever liberties they have left for the promise of ever more security. history shows that on the down side of a big asset bubble big credit bubble the government. gets more aggressive and they start looking for ways to bounce their own books off the backs of the producers and i think we're in a period where that hasn't really begun yet but. that's what makes people fearful that's why people are sitting on the sidelines waiting for the next thing the next the next moment where they can jump back in and begin deploying their capital and making money again i know again the one of the things we spoke with before is having rather they reckon i know that you have a very human very humble theme to the work of theirs and you never want to say this will h

and still ahead more from my interview with bestselling author and producer addison reagan where i ask him how long he thinks it will take for this credit bubble to finally be flayed and what he thinks the american economy will look like when it does but first their closing market numbers. you just put a picture of me when i was like nine years old and don't you tell the truth. i may confess and i am a total get of friends that i love driving hip hop music and pretty. much it was kind of a yesterday. i'm very proud of the will without you she has played. the. guitar sometimes you see a story and it seems so. you think you understand it and then you glimpse something else you hear see some other part of it and realize that everything is ok if you don't know i'm tom or welcome is a big issue. what drives the world the fear mongering used by politicians who makes decisions to break through it's already been made who can you trust no one who is human view with the global machinery to see where we had a state controlled capitalism is called sasha's when nobody dares to ask we do our t. ques

. >> reporter: addison marshall will head back to the hospital for chemotherapy.a few years ago he noticed pain in his ribs. that pain was caused by leukemia. addison's fight with cancer meant he had to give up playing football for a while. but it didn't mean giving up being part of the team. he kept working hard, hoping to get back on the field, and to serve as an inspiration for his teammates. >> if people didn't show up for summer workouts because they just didn't feel like coming, i tried to be like, well, i had chemo today and i still came. >> reporter: addison's hard work played off. he played in the last half of the last game for his foster high falcons. that hard work and determination led addison's coach to nominate him for the 2012 high school rudy award. it's named after daniel rudy rutig relative, the notre dame football player whose life story inspired the movie "rudy." >> oh, i was so happy to win, just shocked. just a mix of emotions. >> reporter: addison's mom of course is very proud of her son's achievement and gives credit to the foster high foot

brianna cox gave birth to aby addison....and when she was her mother noticed bumps on d, 3 her head.it shocking proposal. offered.../ to pay for a computer. ...and coming up in just 5 minutts on thh late edition... edition.... sex,,lies and super pacs. we'll show you why the former speaker oo thh houseehad to answer ooe pretty lurid questions about sexual three-ways. and mark wahlberg could have prevented 9-11? the outrageous claim that caused legions of fans to start hating on marky mark. & a michigan mother is accused of offering sex to help pay for a computer. computer. cameras.../ capture... the woman .../ negotiating.../ wi.

reporter: bryanna and addison are taking experimental medication. the baby is responding well.ve

talk about every day on this show and i just heard yesterday in that great interview you did with addison wiggin him saying we're in year three of what he predicts is seven to ten years of people being worried just about the return of capital not the return on capital and how difficult that's making things and that is the consequence of this consequence of this credit bust and i don't hear him talking about that so you know there's the debate on capitalism that's being had there plenty people have but i want to ask brian moynihan more about that i did approach him for an interview i did i was able to grab him but his handler quickly was like no way well people always want the way up but down the way his credit for socialism that's that's that's your social lore and before you go out officially in our herd you tweeted oh so kind of picture of you climbing out of a of an occupy igloo who's like one of your tricks for getting you know getting getting interviews like one of the trooper there you care a lot of cinema. i don't think that it was going to help me get interviews with morning hanoi

like a far out concept plan the way we are capable >> in the meantime john danks brent morel and addisonhappy most experts discounting the teams chances this year down not funny every time we are expected to be good we stink and every time we are not supposed to be good we have a good year hopefully it holds true not expecting to do much and that is fine have to play the game. we feel like we have enough talent guys on their roster to compete with anybody and have to go out and prove it now >> chicago bulls getting set to face the milwaukee bucks tomorrow night after suffering a first home loss of the season against indiana last night fourth loss of the year but one more than the coach can't stomach without luol deng 6466446. fourth quarter wild scramble for the ball a eventually roy hibbert jam but tom thibodeau the team did not give 100 percent effort to not keep feelings to himself >> getting ready to play is a big part of the leak you have to be ready to play every night. start feeling good about yourself going to get knocked on your behind that is the way it is we started sluggishly

look at this...i'll bet a loo of you fell this way yesterday.angela ssnt us this picture of little addisonr are still holding on po their smiles. even though the ravens aree't going to the they're happy with the teams success and look forward to show us .../ your... purple priie..../ áásendáá pictures... and videos to us...// thru.../ "purple"... at... fox baltimore dot com..../ ááseeáá those pictures ...on our .../ "see page .../// at...// foxbaltimore dot com..../ ááoráá... go... to.../ sllsh... foxbaltimore... / áclickáá on... "insiie fox45".../ ááwhileáá you're there.../ áátakeáá our... ravens quiz... // ááoráá answer.../ oor... ravens question... of the day. 3 <><> phone>> anger... after a cell phone interrupts a concert.see what this man does next... that earns himmparise from the audience. the bill makes dental work ámoreá painful.the surprising way you could make it cost less...later on ffx45 news at ten (lady)"we eard someone screaming in the alley for help" help"fire tears ttrouuh a rowhome this morning...the dramatic way a woman saves her baby...after theebre

such as derek and addison are still married. she's pregnant.t's all kind of -- i joke that patrick looks a little more like mcdreary than mcdreamy. >> jimmy: it's set from back when you were -- set in -- >> yeah, it goes back to where i was on the show. >> jimmy: has anything changed since 2005? is it like -- has fashion -- i wouldn't even know. >> well -- >> jimmy: would we look at people and go, oh, that's so 2005? >> no, maybe the hair is a little bigger. i don't know. i think they went for the other -- the wardrobe's different. all the guys are wearing white coats. they look like mad scientists. >> jimmy: it will be fun to see you -- it will be like the old days. >> it was like the old days. like going home for the holidays. and then -- >> jimmy: except without your family. it's even better. it's great to see you, congratulations on the show and on billionaire boyfriend. if you want to smell like a billionaire, this thing has money ground up in it. kate walsh, everybody. watch "private practice" and "grey's anatomy" on abc. be right back wi

now there's another accident and this is in seat pleasant on addison road at walker mill road. just south of the sheverly area. be aware of that. crews are on the scene. no problems on route 50 or the bw parkway heading into the northeast corridor. we're going to take a live look from sky 9 in college park. here's what it looks like on the outer loop as you leave the 95 interchange and heading around into silver spring. got a bit of slow traffic forming at 5:50 in the morning. a quick look as well if you're heading south on 270. no real problems to report at route 121. we're looking good here down to the point where the lanes divide. in my next report another look around the area at 6:00. back to you. >> thank you. >>> here's what's making news at 5:50 this morning. former massachusetts governor mitt romney easily won new hampshire's republican presidential primary. 39% of the vote. texas congressman ron paul came in second with 23%. former utah governor john huntsman who skipped the iowa caucuses to focus on the granite state got 17%. the other candidates were in single digits

and then now that he has his own super pac, which i might ad, i think it was tonight that sheldon addisonm this ad. saying that, no -- saying it was a source in the las vegas paper that said that he is saying, oh, no, he loves capitalism. no one would say that he doesn't love capitalism and is kind of slinking away from this ad as well. so even the people that are backing gingrich who has marketed himself as the outsider's insider outsider. somewhere along the line. >> the problem you have got here is you have gingrich who was against super pacs. now using one. and you have willard who used all of these tactics against gingrich in iowa now complaining about their using it in south carolina. so it's almost a question of who is the most consistent here or the most inconsistent. but the real question, jackie, around this whole bain thing is this really a question of character? >> that's what they are trying to make it. it certainly doesn't help -- the picture they are trying to paint of romney is as this kind of cold, calculating businessman, right? i mean, that's what's behind all of these

addison shepard, a coach at nearby henry wise, is not one of those skeptics. >> she has extended herselfd numerous people that haven't even played for her of. reporter: besides richardson said when jones first arrived there was no telling she would be dominating. she was only 5 easement it was only later she grew into those size 14 shoes in men. we did speak with coaches on both sides of the opinion. those who thought coach richardson might be more interested in winning ironically did not want to be filmed. by the way, riverdale baptist are currently 16-1. >> they are a powerhouse for sure, dave. >>> coming up on 9 news now at 6:00 for a second time crews are battling destructive brushfires in nevada. >>> why would wolf trap sue the volunteers who run this volunteer community in virginia? i'm peggy fox. i'll have the story coming up. >>> but first new research looks at how mothers with breast cancer share that information with their daughter. our health alert is next. >>> in tonight's health alert, sharing a scary family history with your kids, how do you do it? women with the breast can

. >>> prince george's county, capitol height, addison at walker mill road. just be careful. and checking travel speeds in our area, some areas look really good. for example, if you're traveling 50 making your way from 301 to the beltway, you're at 64 miles per hour. connecting to the beltway on 50 on the outer loop making your way toward i-95, you're at 59 miles per hour. heading to virginia on i-95, slow. prince william parkway to the capital beltway, 39 miles per hour. i've give you a live look at fairfax county pea parkway, slow hitting the prax. no problems north or south. back to you. >> thank you. >>> 6:02. mitt romney is now 2-2. the former massachusetts governor picked up an easy victory in the new hampshire primary. he won with 39% of the vote. texas congressman ron paul finished a distant second with 23%. former utah governor jon huntsman, who bet his entire campaign on finishing well in new hampshire, finished in third place. newt gingrich and rick santorum each received 9% of the votes. rick perry finished with just 1% of the vote. >>> the candidates are now turn

sheldon addison, $10 million over the course of about a week, gingrich got $10 million injection fromime. >> i don't know how -- i don't know why or how they could do that but i would love to have that kind of disposable income. >>> money talk is dominating the fight for florida. front-runners duking it out. i'm not sure what that funny character is behind newt gingrich but you know, gingrich is being blasted for his connections to freddie mac. romney is being blasted for his tax returns and how rich she and what he paid in taxes. what's going to matter more in florida? you're watching "early start." hey, aren't you supposed to be following that fidelity green line? well, yeah, but it keeps leading me back to my old office. i think it might be broken. or maybe it's trying to tell you something. yeah, but what could it be try-- oh, i left my 401(k) at my old job. and i left a jacket on the back of my door. but i think the line's talking about my 401(k). leave a 401(k) behind? roll it over with a company that's helping more people reach retirement than anyone else. call or come in for a

they got the big donor, the big donation, sheldon addison, the casino mogul out in vegas to give the big money to an alternative super pac to them to go after romney. they made this calculus. they didn't care where they finished here in new hampshire. but huntsman was interesting. and in talking with their strategist, they say this. getting the third place means maybe -- they think it's important for them to go to south carolina, because even if they only get 10%, if they can help deny romney victory in south carolina, it vetches the race, impose to florida, a plac maybe huntsman does a little bit better, but does the same thing. denies romney victories. the whole strategy now for the gingrich campaign, for the huntsman campaign, is actually the same. deny romney victories. and if they can do that, maybe they can stretch it out. maybe they find out romney might have more of a glass jaw than maybe he does. i think we're going to find out in the next ten days whether he does have a glass jaw or not. but that's the strategy. stay in the race. and in huntsman's case, he's not looking at

sheldon addison, $10 million over the course of about a week, gingrich got $10 million injection fromdon't know how -- i don't know why or how they could do that but i would love to have that kind of disposable income. >>> money talk is dominating the fight for florida. front-runners duking it out. i'm not sure what that funny character is behind newt gingrich but you know, gingrich is being blasted for his connections to freddie mac. romney is being blasted for his tax returns and how rich she and what he paid in taxes. what's going to matter more in florida? you're watching "early start." hey, aren't you supposed to be following that fidelity green line? well, yeah, but it keeps leading me back to my old office. i think it might be broken. or maybe it's trying to tell you something. yeah, but what could it be try-- oh, i left my 401(k) at my old job. and i left a jacket on the back of my door. but i think the line's talking about my 401(k). leave a 401(k) behind? roll it over with a company that's helping more people reach retirement than anyone else. call or come in for a free port