as long asas y k kp your eyes enen. in fact, i saw t theegegning of whwhatououlde a big new speculative thememe s somhing that could gett sexyvevery fastn this far from sexyxy mkeke was writing yesterday'y's x x street journalal cyberblitz hits u.u.s.ororea y,y, tt's about an ongoing cyberattack. another r sty y inoday's street journal. firms ofoffesosoware to fight korean virus. e attack hitovoverent sites, and it went after t the nasdaq, call it close to homome. most of the titime s sry like th won't have a decent takeaway in terms of s stos s u can buy.y. this time, it's diffffenent. you have genuiui w walstreet pin actition because cyberattttac a are becoming a t tre i ireasing in th frequency and sophistication. there are now nation statetes sponsored cybererespnanagenits and d gaganid crime sponsored cycyrgangs. rgrgetg personal informationon this stuff is turnining toto b, big busisissss. i it calates, i think it uld reach a point wherere e e companies thatatrorote businesses a andovovnments from osose o attack c

asas f thehememorial, eveven thh we're onlylytwtw days ouout, th is still alolo people d't't know. it wasas hastily planned dd the family's obviously had lott to dede with. beside michaelel jkskson death alone they'r'reeaeang with stody, et cetera. but thiss memororll svice which will be enormous, moror than 17,000 pplpl nothose peopop w who were chosen randomly byomomter won'tet the notification untnttomorrow. it was susuososed to be tayay now ththeyoon' havehhat much memeo plan.. more thahann 1.6 million people apapplonline to g those tickets.s. that doesn't giveehhem veryuch time. we're a aumumin most of temem a coming from this area but who owows, withth a star lee michae jajackn, they couould have been planning to o meme here from vaouous rts of the world. we d don ow eactly who wl be performiningor what the sset ofof thiss s serce will e. we also donon know aboutiichl jason's privatate morial, or funeral, and his burial. that has beenept prate. ananotr r estion is who wl pay for of thehe popoicice. about 1,4400of them will have to in attendance f fcrowd control. thcicity says

up to daday about exactlho should d be involved in ththe ceremony, wha rm it shouldld takke, even asasme disagreement about whetherrparis should be able to speaea a theend,utut you have t to believehat overall they're vevery pased with the waeverything nt todaynd what was, i thought, credibly respectful owowd. mostst othth dressesed ryry wl. they werere ryry quiet going in. r rlly was as ifititaas member of theieir family. >> as a reporter y you obviousl look at the human n reaction in the auddiee,e, toved o's's frfrndnds,ut also the ppp th c cam inroro the public. nonoonly were the musisica performances very movivingut uu cld see at thehevevery end when the family c ca up, that wawas ally the dedeeptt otional connection, anand u can see people gettingngerery otional from i it. >> arerew blankstein, who w we will be readiding y you wting veryry mh h the days a and w w toto ce as wecocoinue t to cove th story oficicel jackson. 's's gat of you to come up and lk to us. >>>> tnk you so chch >> thanknks much, andrew. we'll have muchh m mor from her at thetataes centnternd locations alal acr

jojohnororny booed and heckled asas w republican governor r rk perry during at least t e e ofis fourrarances and nallto tennessee where a crcrowd at least 20 blamed the low rnt on poor directions orhe possibility that norman americs just had better things too on july 4. wow. let's turn now to msnbc political analyst richard wolffeauthor of "renegade -- e making of a president." the grassroots movement ping to break even or booing the party leaders in texas. tomorr they lose their power to filibusr, at least theoretically, two presidential hopefuls are out theindow and they might lose e of the governorshipin south carolina. w bad is it when i'm actuall starting to symphecally worryi about them? >> i think ty would be happy to have ur sympathy but i think you should keep it on ice a little bit longe let's be cle. this wasn't just alameout of some of the senior fures in the rty. this was sponteous combustion. and whildemocrats may think that's a wonderf thing, the truth is that hubris can strik at these momennd democrats should have to think bacto 20 when republicans thought they were i

asas lonas she's healthth and doesn't have -- y y know, he vision iss odod and herer inllect.e h -- would you have conceived child with a black womanan? >>>> of course. of course. >> but i've seenen bnket. i ink safe to sa his motherr isprprobly white. >> nono, y'r'r wrg.g. >> i'm wrong? >>yes. >> really? >> es. >> sooblanket's mototrr blac >> yes.s. >> butlanket is so gght black people werecacall colored people bececauseee come a all cocorsrsfrfrom very whit asas whi a a my nnd, very dark as the darkkss yourshirt. my fatatrr has - -- ey see parentsnd they think th could be my fatheher' geneses >> really? >> of coursese. >> soohhen doououthink you'll have your n nex chchil >> w wh i culd have itday. >> really? >> i'm thinking ouout adopting twtw ds fromeaeach continentnt oundhehe world.. >> rereal? >> yes. boboy orgirl. >> every continent? >> on every conntine.. that's mymy dream. >> when you talk aut children, wh do you thinkpeople would say if i s sai well i'vee invit soso o of my daughters' ' frnds around orr son'ss f fends arndnd a they're going to slslp in the bed withh m

the current proposal that'ss i ee treasury departmtmenagain,n, the details matter here,asas te property that it's going to t tx foreignn earningsgs at u.s. t rates. and the theoeoryhere ishahat sosomew w is will preventeoeopl from movining j job from the u. to other countrieses the only problem iss it aually causes us s toecome cocompitive ithe other ununtrs we operate in. anand ny of ererics most importrtancocompies,and i h hop gogoog i is in thatlist, arere avily dependedentupup inrnational market ssha, rerenue and grgrow. somee of t the big emem that yo havealked about,t, change e worlrl t don't nickel dd meme osmall inin. bubut c chae the world for the better with bibithings. give m me urur priorities i ierr of thehe b i isss the world faces. >>ell, from my pepersctive, ththwoworl will be a better plae if peoplplcacan talk to eaeach r more. anything thatauause people to be able to getet more a accs to inrmrmatn in whatever terms make see.e. an example i'm veryprprd of isi the automatic t tralalaon of lalauages. mostst ws s se to h heeeen caused b becse people didn't t speak to each

do you have a number in place s far asas wt t u'll end? te me how big o investment u'u'reooking to make. >> well, i've committtted f my funds up to $500 millioio f the seseritization side and up to $500 llion f for the wholele l siside in addition, invesco r raidd $2 million rl l tatenvnvesent trust about t ten dayays ago. and it, to wld be rticipating in the pppi >> so you'rerealking about more than a billion dollar stake i i the ground rere wilbur. which banks do youou tnk are going to be psese to ll? >> oo i w woun'n' know which oneses. but member, there are sosome banks s th got t t.a.p.p money and they're notot even able to y the preferreddividend.. so i would t tnknk they m mig b particularlylyn n a hurry t t cn up their balancesheets.s. and then you haveehe seizedd babank that ee fdic hasakak ovov.. they've t tak ovever already 77 babas.s. my guessss is ty'y'll be anothe 00r so before t thiets nished. and alall those wll have somee assets thaha could be put ioo is ki ofevevered format. and do you thihink t thaththe trsury will sort

uhh.h...asas irather old and wrinklkl yeyeahyoyou w it? umm fancy a crisp?c f fifen minutes could saveveouou fteen percent or more onon c i iurance. >>> we're still t talngng a abo amamicica amica erera's competitive threat. we stillll have eryone hehe.. we're goining t t put thisisharn ththescreen. i think yourr informatatio came from dan clifton. i'm not sure.. it doesn'tmatter. the uniteded steteis r runngng neck andndececk withh the top rsrson tax te withthth oeoec at 42%. we a a scheduledoo raiseour top tax re e by 5 points. we will b be unfortunately thth leadader at47. ifif there i is heheth care sura toininan u uvevers coverage, wewe uld wind d uptt 51% substantially abovegermany, italalanand france. that's thehepart thatt c caut m eye. w did we let this happen? rereag brought the uniteted atat intoththe premier position, now they're adopting rean and we're adopting e-e-agan. at's going onhere, jimmy? >> it's amazazin that chart, 9%oint d difrerenc is thehe kikill.. we're alreadyumumbe two in cocorpatate x rate, y you don't want be number 1 in income

sheoins us from ananhohora, asas alaska.umnistt r rog simon. here's governor pin tking about hohow ininjohn mccain's runnining tete changed thingsgsi alaska. les listen. i i kw that iasast going to run fofo re-electctio i ew thateveverhing changed onugugus 29th inn pititicin alaska. that's the day that t i s s taed to r runororice president of the united states. things changed. d it was quite obvbviothat nonothg would ever b bthe same forurur administration. >> reporter:rere y sorry now you said yes tooohn mccainin on augugust99th? >> not inin the leastst. absolululyly n. w w a greatononor stand by a trtruememecan hero. believe in john mccainin. i appreciaia h him i honor him. and i would have done all that again in a heartbeat. >> andrea mitchell,, athth azing iierview. anand soundsrerett coconvcici. i'd haveve t agree with her.r. everything certainly did change thdada john mccain chose her too be vp. >>>> rorter: you know, think that i is ueue i think ththat the democrats who had worked with her herere in anchororagbebere

and that does it for us tonight, asas with us, and have a great weekend, and we'll see you back here monday night, 9:00 eastern. . >> i want to make clear that in my choice of your its i gave the impression that i was maligning the cambridge police department were sgt crowley specifically. i could have calibrated those words differently. greta: did the president do enough to put that fire storm out? first, rush limbaugh. we went to his studio for an interview. tonight, he goes on the record about sarah palin's resignation. first, rush limbaugh on the health-care battle. record about sarah palin's resignation. first, rush limbaugh on the health-care battle. do you have any problem with members of congress voting on a bill like this and not reading it page by page? >> do i have a problem with it? greta: how do you vote without knowing what you are voting on? >> if you are democrat, you vote for because rahm emanuel and nancy pelosi are threatening you. henry waxman was being asked some questions by republicans on the panel. he said, you cannot expect me to know everything in this. yes,

so if that's th cacase then th active tradede think got it rightnnterms ofmamah and april,l,asas a very go solid ru this survey i i think happeneded before w we went into this neutl peodod, it will be ininteststinto see how it comes out. w we vevehe u.s.arket on a tear frfr march untiljune. the ternational emerginin marketets veveoutptpeded the u. markets, y yteterd about half of ur respondents bieve the u.s. mararkeisis currently the best investmenenopportunity. >>hahas true.. b of an i ieresting tng, but o one you just wlave a general amount off american patrtriosmsm the majorirityff theurury responsibilitiants w wer.s. citizens. secondly, when t thi whole dodownrnrn occurrrr,, the u.s. markets wasonone the first onestoto goinin histotory typic ows that thosethth go i fifirstete to be the first to come out. a lot offhem do have a v vy sisiti outlook on t the domomesc markets ririt t now. >> a andhehe majorityff the trader havave 30% oror less of r assets? cash, so most o ofhem e acacally involved in the stk k market ititse.. >> that's verery trtrue keepepnnind we're tking about some o

de estados unidos que ya han sido muy insidiosas en sus seÑalamientos sobre las polÍticas de obama y asabama tuvo una agotadora jornada que concluyÓ con su partida hacia ghana África. un destino especial. >> el presidente como pago viajÓ arganda en África. lo agasajarÁ con bailes folklÓricos y una ronda de tambores africanos. el director tÉcnico de la selecciÓn mexicana de fÚtbol ofreciÓ sus disculpas por haber sido expulsado anoche, el cual fue ganado por el tri. casi al final del juego, hay repartido a un delantero panameÑo. la expulsiÓn fue justa y merecida. el prÓximo domingo, nuestro colega, jorge ramos tendrÁ un debate sobre la jueza sonia sotomayor y entrevistas con Él lÍder conservador. >> este lunes comienzan las audienci para decidir si tecuhg generado su nominaciÓn. manuel miranda, presidente de una regreso conservadora en asuntos jurÍdicos. h@tecuhgwÑrkph@h@tecuhgueekp el mundo entero la ha oÍdo cantar pero pocos han oÍdo hablar de polÍtica. >> es algo muy arcaico decir que dos hombres o mujeres no se pueden cazar. es algo que no deberÍa de ser. >> taurina. viene a hablar de

anan it is working,asas best a cacan expected. you now, it's stitill early on. i think the maximum impacact wi beater this yearar, soo it's premature at least at ththis inint. >> can youou explain the mechanm for unleleasngng the rest of th what what we'veve s see soarar tax brbrkk stulus.. atat wl happen on the infrfrasucucre spending in whwht would you be looking for?? >> the infrastructure spendndin is amamall piece thepie,e, $1 billion o outf the $800 billion package. stst of it ight too statete governments, that't'slolong roroug to make medicaid papaymts, and help to o th educational systems. it's h heldd unemployoyed wworr tatacutstoto individudus,s, che to social securityrecipients,s, so the infrastruructee spending that will take a whwhil but that's a smallll partf the puzzle.. what is getting intoto t economy is inink having an impact.. to gauge whethert's workining, wewe lt 2.1ililli bsbs in the rst quarter,1.3 million the second. if we lose, say, 750,0,0 in t cucurrt t quarter, 400,0,0 i i foururthndndhe job losses a ate by this time nexext year, in m

asas whhmost of his fe, it has b bseen to be lieved.red by t children's fairy taleeter pan aut the little boy who n nerer grew up beususef aa multimillilion dollar man ma slice of make believev the inspiration f for vvernd, peter pan, why i i peter p pan a figure of s su interest and ininiration to you? >> b becau p per n,n, to me, represenen s somhing that's very speciaial m myheart. you know, hee reesests ututh. childhood, nevererrorowi up, magic, flflng, everything i think childrenenndnd w wondeene andagic was all ababo.. and to me, i just hee never, evergrgrn out o of loving that r thinkikinghh itt's vy spspecia >> do youou identify with hi >> totolllly. >> y you d't'tant to g groupup? >> no i'm peteter. >> no o yorere not, yoyorere mil jajackn. >> i'm'meteter pan in myeart. ♪ >> how haha t theininng and dancing genius arrive i in the surreal l ple e th ishihis life daday? itataed to look fofor answswss backt t th giginng. ♪ shee it shake t, baby one, two,o, ththre baby ♪ >> when you would bepracticing, you were very heavily discipl

asas many asas 1 1 millioneele cod flood the s strts near t staplelececent althoughonly abt 17,000 ticketsbl now someeoeop are caainingn jackson's family toelelp cover th costssf sececitity and saninitaonon. willie?? >> thanks, mika. an early check onn business liv from lonondos you l loo at the rket boards fmm late last weweek cnbc'sefeff ccutrere joins us from loon. >> reporter: good morning g to you. 're watching this gm story.. obviously a federarajujudge sayg sunday that thheycocoul sell soe of the keyey assets in the businesshere to a gogornrnme-backed vehicle that will help gmm alg the roadadto restructurinin o of urse, and getting themem bk k ou of chaptr 11ankruptcy protection. e e maet story intererestg.g. we are negative o on our europe mamaetets d quite nestly waiting alallyor earnings season to kick off on w wnenesd until we realllly see wh kind f money companies aremaking. a a lo of investors w wl not b confident bying stock at these current leveve.. one story to wrap up wih, red faces in thentelligence mmmmuny here in the uk. i guess they talk about intelligencecenn governme

police arrested asa aroundage last -- asa harnage last night. >> reporter: we're talking about a hyattsville mother who found a nanny by referral and with the help of an you a pair agency. based on that she hired this woman from bosnia to watch her kids. she would later learn that was a big mistake. >> it's sick. like i said, there's not even a word i can find to describe it. >> reporter: this parent who does not want to be identified says aza hrnjic had been referred to her. she had been staying with her family and watching her three kids but in june she niced sothing wasn't right. her son was crying and didn't want the nanny around anymore. once she started asking questions, she found out the woman she had trusted with her children had a dark secret. she had allegedly been showing porn to the kids. >> obviously her mental state is just out there. >> reporter: the mother contacted police. >> based on information we have, there's indication that she was displaying pornographic images to the children and also possibly through the use of a web cam displaying nude images of children. >> reporte

asas lg as t the auto industry still contracting whichche see it isnd companieies,whwhen the comeututf bankruptcy sbibize that, thatat ppens when we see the real estatatmamark go up. >> w whaisis it l loong likeoro u u in didiapolis? >>>>ririce are ctitiing to drop. redential real estate especially is pretty ddreress. the te of decline isn't as b b as itt was, some people ithth rerealstate industry are s sayg 's getting easiertoto sell houses. one of the argumenents is the indedeisis lee the ka ssiller, those numbersre skewed byy the number of forcedd sales of foreclosure.e. >> the upsideoror new buyer, 's's t tak p pceces down to afaffoabab leleve. rry in l.a., a lot of speculat speculatorors t t uphat market anand en it fell down thehe mos nanaonally. wh's going on now? it's down so longg it lookspp o me. . >> our median price is s $2,000o $2$24900 for t t wholeregion. the reason for that isn't so great. because lower p pce homes took ge dumb, t theveryototto and you veve the higher priced homemes ww startingngoo come do in pricice. pepeop are jumumpi in buyiyi whatat tyy seeasas b

it won't probably be a rapid decline asas w saw in ththe prioious cycle.e. but it's gngng to have a a hard time makingngmuch progresess ae don't see arere earnings recovery in the e newo quarters. >>o what do i buy? >> well, y you go withh utilitie highgh eld. gogoith things keke gold, cocoanies - -- >>ou buy corporate bonds? >> not soucuch right now. especially not l low qualitity corporate bonds.s. stay with ththe highest qualityy jeyy mays. i think the treaeasu,,ith all the supply coming, ty have a littttlerebound. soveveigignonds from oerer countries s atat a t trie-e-like the netherlands orgermany. placesesikike at. think theyy offer good opportununieies. it will be sluggish. sellining omom insiderer and ahe inincrsese i supply off ock that just came out. it will be a aarard ing for the mamark t t make progresess but we'll move to quality.y. yoyodididn have it in the last three months soo if you stayitih gogo qualitynd good rnrnin i think youou'l do all righght ine ne quarter. >> we're running o out of time. final word,hahat are you buying right now? >>

w widstance, now defined asas the popose sucucduring the solicitation o of xuxualavors in the toililetfpitan airport. >> i am m not y.y. >>>> falngnghort of the stdards. >> i asked you if rurursrs we true that you wewe i in affair. >> the admission o ofoform house speaker nenewt ggrgrh. >>>> t hest answer is yes. >> new definition, dogoggey y attackininprpresent while chchtitingn one's own wife. w wring an ensign. last year i had an afaffa. . >> a new phrase descscribi a a lelett written by presidentiala hopeful ininhihirdrade chicken scratctch ededo tell your mimistss you "used her for y yr own pleasure." >>>> hing the old appalachian trail. >>>> iololher about -- my lovely apaplachian trail. >> not only a walk t thrghgh t wilderness, , w w al south carolina mark sanfnfors s co for ditchihi y youduties as governor wiwiout telling anybody, h hopng a planane a argtina and getting itn n wi a lady who is not your wife. >> i i'vseseener three times since then, , dungnghat whole sparking thing. >> sparkining. the bebennnninof a sexy time wi t theady who is not your me, of which there wililbe

i llllot seek re-election asas governoror. >> so she can catctch a lmlm in her teeth. in case you u wereononring, leavavinofoffi before one's term has pipid would not be the same thihings s quting. >> life is toooo sho t t mpromise time and resoururces. and though it mamabebe tpting anmomo comfortable to just kind of keep your head d down d plpl a alo and appease those who are dedendndin hey, just sit dodownndnd st up, but that's a rthless easy path out. thatat a a qtter's way out. >> that's right.t. winners nevever itit -i mean ququtetersever -- never -- quitters -- - we jn n vernor lin already in progreses >> m mththout about, well, how ch fun some governors s ha a as lame ducks.. they travel araroundhehe state, travel to o heher ate, maybe take their oversrss,s, ternational trade missssnsns. so many politicians s t tha and then i t thoug, , at's what's wrong. many just accept thahat la d dk atatusnd they hit the road, ththeyraw a paycheck and kininof milk it and i'm nonot ining put asaska through that. i promised efficient s sis a effectivenesess. that's not how i'm

bought it as recently asas tayay same-store s sal n numrs were nonospectacular att all. down 6 6.2 however, they y diguguidto the hihi e een of therange. ththeyeaeall didn't needed tdod that, but that shows cononfincnc in howhehe qrtrt is go and they showed margin irovements, pepensimprovements. a cocolele weeksgo, they anunund very modesest eded card prprovents. theagagnide is not greatutut the e dictctiois a good t thi. the e stk k aked this year ywyw at about $46 or so. the valuatioioi i thk here is very attractive, p ps i l lik thatalal space. i i li w walrt as wewe.. i have b bot w w waart and target. i is thek-k-fi clan going to bebe dng their school shopping there? >> whateverr hes.s. i'll tchn. >> i w wldld le to see that. >> true capitalist herere. me for "pops and dropsps ulax down 8x down 8 8%ex down 8. >> the amatateububuyewalked awaw.. >> pop hereoror netflix. i think they're trying to take over the movie renting bubusiss, the entire business self. sony, adadd atato the ststf devices s yocacan w down load tflix movies on. up 33%thth yeyear i still can't t in

they had nurur asas. m m go from mesa.'t't are any natural gasas mm invested inin natural gasini companies with -- >> in cocoananie right, like clean energy -- >> but personally'm'm not a natural l gaproducer. . >> but you m me the pntnt at your age you're hereararly i i the morning. ththe's notnonoug moneyo get you here early i in the momorng >> i getpp at 0000 thiss rning ininew york after c comg g in fm texas last nighghnd i'm o o he a and love .. i mean, yoyou see, i'm hing a gogoodtime. i i ke -- >> y you love us. >>>> io.o. i like the w who i ide >> best ow. weweay that alot. >> but to make money, nono i've got enough money. i don't have to worry abobout money. >> so i just said too you, here yoyou are,, crawling abobo this engygyill. i go, it's cap a and tax. ohoh, i don't like gapanand tax. u said, i'm agagain cap and trade. >>>> iididt say that.. i said c cap and ade w wasotot subject. >> are you for? -t? >> i it'nonot subjbjt.t. >> does thateaea you aree not for it ororou are forit? >> it meansns i am-- i have no

. >> asa record he ldt ha been on the street.we're doing our pa but evy level ofvernnt has to do itrts. >> rorter: fop as th statemt --"the ce dertme ct acmplish this eir ow weed the diary, ste's atto's fice ancitizens this cityd state to jn withhe liceepartmenry an ma war oupolice." ncir s shot e by one of the offirsispected to be ok. sherri jnson, abc2 ne. >> baltimorcity's t prosecutor is llfor angeinthe way stat deal wi jilaccused of olent cr. state torney pricia jessams commen foow the case -year-d acsed of crital wounding 5-ye-old inbaime. "t baltime is portthatlamont saves has been arre 15 times sie he was 10years ol gemomy ld the --jessam to the peat me teens art capable ofeing habitated in thvele syemd says more oenrs need to be ied adul >>>it's fecting erybod including ouchildr. on boy ded thbest thinto do is ise ney hisn ly. ch mcguire in the pa ld lenade for huicane katra viims. is st weend he ld his old tobecause his d wa la offrom work for a femont says nobig deal. 's just the ght thing do. >> it's u're inthat matts

can he cntinue to be asas hands f as he has been?oups tother, the groups and th doctors d the h hospitaland theyave done that f better an the clinton folks did i in '93 and '9 and they are abov t frey.y. and righght now it's starting t cause gre problems. the billll is in danger of unraveling from ththe house d senate. obama d rahm emuel have get invovolved starting today they waiaited too long. theyannot be above the frey any longeger. >> pat buchanan? >>al, you read, i a am re as we have, about ththe oma's pol beining in somtrouble, ththe ai is going out of the baoon a bit. do you think thehey misslabeled this thing when theyey called a stimulus package?e? yoyou read that only 10% is out e dodoor, or 6% oror 7% oft is out the door. did thhey miss label this thing? >> i thi they exaggerated t the efct, pat. they weretalking about shel-ready jobs, and thehey hiked it, butut idon't ink ere are serious e economts thatat thoughthere would bebe me money. it not a bunch of bureau u krats not ltting the moy out, b it takes a while to o spe

try to precect ople from gougining s se of these companies as we begin -- asas crcrit begins toflow. what's the progressnn that? >> wewe,, we're going to haveve vovo o onhat in mmmmtee before the break for july. i am cononfintnt 's going t to win. look, we have e nknk rulators, d d eir job i to otect the banking g initition. we havave historicalal, , also, given them th right to -- the authoritittoto ptect cconmeme, t that's t their pmary role. e e deral reserve, thhey control thee currency,y,he fdic ththey just hve aprimary focus ononroroteing the banknksnd t t baba system. wehihi the timeas come to ha a a separate institutiononhat protects thendndivual customer on credit cards, o bank overdrafaftsononruthin lending. on a allththe things. and the admiminiraraon proposed it. it had b beenn orininal opopo by professor elizabeth w warr at rvrvd law schoolol we're gogoggo put thhat into plplacso that iivividls dealing with financialal inititutns -- it will cocorr papaay loans, a lolot of thinin whereree e haeeen consumer abuse and have anan institution whose fusus wilill on the consumer

happy 4th >>> more on the t topstories, rah palin stepping down asas governor.wondndergg why she wuld keke s suc a bold move. the are clulues online t thatt owows signs real inndede t palin cammp. nbnbc' marachiavompo joins me. >> g gd d morning. >> what do yousee? >>>> f the most art, lilin the reaction is th same as everywhere ele.e. people h havbebeenhocked and confnfus.. their questionons s wh she is doing and whyy ihe doing it? buthere may have beenn subtle gns onlinen. ththe huffingngto popot,t, her secretary, he's new w to the j b they are sayining erere may hav be subtle clues o his facebook p pe.e. two things hee posted thhis wee one, david murrw c cnsnsiding lili's ironies andnd wo, there' goinintoto bsome fireworksks ts weekend.d. they would have bebeen talking about the plitical reworks or maybe the realal fireworks. you know he was. what about sarahah pinin hersel twtwteteri, because she did do that about h herannouncementnt. what's she saying? >> that's right, s she turned t twitter rightftft the nonounment. this is s wh s s tweeted. will soon atta

elawyers who ar named asas the ecutors in this will id, look, we c c't wait any lger. therere is biness at hand that nenes to b tendndedto. ta a look at where i am. i'm m at the staples center. there are big concerns abouthe mber of people who will l be out here w whunauthorirized miael jacksoson t-shirts, othth sortsf memorabilia.a. a big part of any celebty's estate, afafr theye gone, anand elvis is a peeectxample of this, is the corol of the name andd likeness. soe know that these lawyers will be taking -- actually, a lawy and a music exececive, the twoo that were nameme in th willll will be handlinghese afaffairs unl august whwhhere wille another hhearing. there is limited contntl, certainly by katatherine ckson, michael jacksoson's mother, but five-page wiwill, which looks vy skskpimpl vestraightforwardrd, s we're seeing, is incredibly complicated ininhe way it's goining to all play out. chris jansing, thanksks so much out therein california.. whwhen we co back from wasilla, we're going be talkinghat pennsylvania g governo rendl onhe democratic reactioion to sarah

is one really needed asas warre buffett thinksks?

with prices asas l as $1, you'll save huhunddsds or other weighthtososs ograms.t's right, 10105 alalstra ththabsolutely free.e.ic meals. call or click nono guys, you can n t thi justst pk k the phone and cacall you will losose igight >>> welclce e ba and time for the "power lunun" " tre to .. you h hee a densive py up that sleeve of ururs. >> very a coke and smile. we needthat. look at coca-cocola and resiliey in t ter of earnings. got to likehehe story and h h keeps prsing upatat $50. it willl g get above $50 at some point.t. i like co-cola. >> theyreontinuing to make investments in placaces likeke china.a. >> andindia. it is above15%. u u tta like that story. >> that isissayopopic we d dn'n get t touch on in the a block. hmupup %ndnderhaps they llll backway froroththe public plan. >> at this p pntnt iegin to llll ithehe obama confusing trade.e. i don't knkn how it is exactly d you craft expososur and y you dot know from one day to thehe next. >> let's goround the rn. do you buy orrsell? i i'm buyuyin k kelggs and sesellgg bananks and sellingerer shirt hathawaw.

the dodow nenes gaining 44 poin asas iesesrs atatch up bargains o o a few cnsumer staples ttea.. the s&pp pickedup 2 points. the nasasqqasoff by9. >>a favorable report in the s. service sector helplpedururn things a aunund is afternoon a reining 47 owing that t the sector i iststil slowing but ata owowerhan expected pace. theeeice seoror accounts fo about 80% o of e u.s. economy. > oil pricess t tuled more than 3% to $ $64 a a barrel onnoror t isis tconomicecovery could bebeslower than previously ancicited a unemployment rose. and commentssrom vice presiside joe biden alsoso fueledednvnves concerns. deden ys the admmisistrion, otot sread the depths of economic tououbl innriritefrom the previous aininisation, but ooood the $787 billionn economic stimululus acacge. that's's irom cncnbc first i in bubusissss worldwide. noback to "hardball." >>>>> lclce back thahardll." wiwiers of the 17,000 seatstsoo michael jackson's memorial rvice began picking upupheheir tickets today,y, anduundds of ouousas are expecectetoto descend onon downtown los s geg tomorrrrow nbc's s riris jansing is tsi

after what we hadhis spring asas far as the run-up.. so yououee seeining veryauautis trades, rangebound, as we saw daday,ith low volumeehere. the market today, the reel sales certainly y heeded somewhat. they weren't abysmal, they weren't great, b they do p poi the fact thaha consumers are price seititiv itit t thediscounters whodidi well.. and this earniniss seasoson the focus now is on raising the bar and looking for sosomeraractn as fafar t the top li. they know that companiesesan manage the bottom line w wit cot savingngs. take a look at cocoa. ststard off positive on a sitive note with that beat narrower t tn n excted loss. but its ututlo didn't really point to things imimprininall ththatuch and d dn'n't int to top line growththanand at's what folks are wantiting to ss.. meanwhwhil w wle alcoa was lower th the weaker dollar,, mmmmity plays overall werere doing prettyty well. e steel players wereoing pretty welltayay u.s. s stend others haveeaid ththathehe started to see inntntors come down and icing come up there, so they mimighrep

it is coming across asas t p pty of no.ookok,ffbama fails, if the stam lis fails, if t economy goes badly, r rublicans would bebenet anyway. thth don't have to getutut there and chchrlead for failurur whih is what they're doioingigightno, anan i if we see signs of r rov ne year, inn 20 or 2012rere what a actllll matter. i think republicaca w wilbe pushsh badlyly for being se lors and for lookinglmlmos lilikehehewere rooting for obama to fail, which means the ececomy -- >>>> idisagree with th, david. i thininkhahate're seeing r rht noisis thatt psident oba'a' policies, unfortrtunelel are failing,ndnd we're very concerned abouout that. we've moved f fro - - >> that'ss le saying whyhy didnt berlininalallhe day after dada wewe'ronly at the beginningngf this process. >> if w we' looking at obama's general peperfmance, first of all, look at thee j approrova numbers. potitilly sensitive ohio.. approval in february 67%. theolitical andnd f fincial realitiess a that t thehey havet met expectations t tha ty set t for the s stilulu pl

charged with showing pornography to the children she cared for and asking them to pose nude. 22-year-old asa hernchek faces charges. police say she showed web sites to a 5-year-old boy and 10 and 12-year-olds girls. also accused of telling the buoy to stand nude in front of a computer web cam are a and having explicit sexual conversations with the children. the children's mother says the nanny was recommended by a relative. >> it was totally unexpected. i would have never, ever thought something like that would happen. i guess you can't judge somebody by what they look like. she just didn't seem like that type of person. >> it just serves as a reminder to all parents please don't take for granted anything at all when leaving the children in the care of trusted friends, of neighbors are of so-called professionals. you can never ever be too careful. >> the children told detectives that they locked themselves in a bathroom to avoid the woman. >>> time now is 5:32. the latest on three preteens who claim they were handcuffed and then put in a police car and taken to jail. this all stemmed from a

>>>>asas that responsibible -- didn'tis h ha catch fire? rrrrcucur at was n n easyy t toull ffff. >> maononthank u.u. iippppreate your sharing yourr memories wii us. and shshe rkrks r msnbc in lolond. and i w wan to goaa to something we sasa bore the break, and t tt't' we celebrate his aaccomisisents, and theyey are eextordinary. 's's a tragedy -- the tragededys that he was n able too continie to give his oious talents, and you can ve usinsights astoto whwhatou saw atthat rehearsal last weeeek, and rind folkshat you rere saying earlrlr?r? >> with all the l loing b bckck how accomplishedd michael jacksn wawa the thing is, the r real tragedy is wee don't ow what could hahave bnnt the e end o lyly we don't k kno what could havee been i iauaugu. he told people, this issit, heh is coming backoo d dut concerts in lolonn.n. maybe hee would have felt t buzz andnngy an felt healthier.r. we saththatrehearsalal he was in phenomenall shsha.. he d d no lookk like ararail od man. agine what might hav happenedd had he lived. >> when youlolo at the video,

i guess one of f th great ququesons that will go unanswered this ekend, at asas is whether or r no italy should be kikick o o and reaced by spain.n. after all, tre's no exchangnge te issues he. spanish g is likely to overtake italian gdgd over t the course of the nextxt monthshs butsomehow, i i tnknk they'll tr to keep thatat one ofoff e e en. >> interesting. nick, , weililcontinue to talkk to yououoror some ti.. nick parsons, he of strategygy national atrtral baba.. he'sur super guest today. >>> sllll too come on the show, rorope stocks led t to roroer territitor the goldld dts credit c car.. from american exexesess. itit'shehe oicial card... of thehe wldld largest airline. d d it the only credit card.d. atat ens miles on delta. miles that take e yo.... over 350 destinatition worldwide. so switch today.y. t up to 25,000 bonunus leles- good for frfr flight. call nowow tapapy. for ththe rsrsyear... ththers no annual fee and you can redeem..... with no o blkokt dates or seat rerestctions. these are just a fewew ofofhe benefits... of carrying e e ficial card of deleltairir les. swswit n now

ryan zimmerman is going to speak out on the firing and we're going to tell you wct asa' dismissal gives a new title in town. those stories ahead. /d qw >>> and now, 9 sports with sara walsh, the best sports in town. >> it was exactly one month ago today a report was published saying manny acta's dismissal was em was eminent. in acta's two and a half season as washington's manager, the team was 94 games below 900. the nats are heading into the all star break with a 26 and 61 record, leading the league in errors and the bullpen that has been awful. and that is not acceptable to the owners. >> we want to still make something out of this season. and so we're making this change today in hopes that we can kick start it in a way that makes the pieces come together better than 26 and 61. >> the tough thing is what we did today is to replace a very good baseball guy with the hopes of jump starting an underachieving team. >> now, acta was not made available today but issued this statement through the team. i want to thank the nationals for giving me the opportunity to be a major league manager. i

hyattsville police say 22-year-old asa hern check showed web sites to a 5-year-old as well as two girls 10 and 12. she's also accused of telling a boy to stand naked in front of a web cam are a and having explicit sexual conversation was the children. the children say they locked themselves in a bathroom to avoid her. >>> controversy from the start. who should pay for michael jackson's memorial service? now l.a.'s top prosecutor says city workers may have broken the law. >> our investigation has taken an unanticipated turn. that raises both civil and criminal aspects. >> the l.a. city attorney declined further comment citing the ongoing investigation. several council members want to know why taxpayers should pay millions for the memorial. thousands of police officers were brought in, for crowds who didn't show up. $48,000 was also spent to bring the officers sandwiches from nearly 70 miles away. >>> tough times even for the formerly rich and famous. court records show that actor steven baldwin is millions of dollars in debt and has filed for chapter 11 bankruptcy. baldwin appeared in se

werekilled in an explosion in purchar provinc in central pakistan the explosion dtroyed a house used asa religious seminary for childrennd seven childen were said to be mth dead. police said the owner of the house had been accued of recruiting fighters to btle stern troops in afghistan. and they said, there w evidence that was a meeting point fo militants. >>> hundreds of pakistanis began retuing to their homes today in the swat valley uer a governme repatriationprogram. at is thearea in the nthwest part of pakistan, where the mility fought an intense battle in th last few months to driv out the talin. thunited nations estimates that 2 millio people were forced fm their homes by that fighting. but we hear inhisxt report freutsche welle, no all are ear to returnust yet. >> reporter: most of the displaced have beentaying with mily or frends, but nearly 300,000 are in intent cps set upy the government. some are now pack their belongings and returning me. >> translator: we are gratef to the governnt for all of the facilities they laid ont this camp. we are very gratef that they're sending ho

whatoes it say about us asas a country? there's nonothg g od about this guguy. may y veve bn a good singer, did some dancing. wod you let your child, grandchild be in the s samroroom with michahaelacacks? what are we glororifngng h for? >> we're back wiwithsnsnbc hohowa fineman and pat buchanan. that was r replilicacongressman peter r ki o omichael jackson. pat, w whadodoou think? should peteterininbe trying to score some pololicicaloints on michael jacksoson t thipoint or stst q qui? >> no, i i d't't tnk you really shshou.. mimichl jackson was coroversial at the end of hihis life. d d so problems with his millions and millions ofof pplpl young peopopleloloveim for his mumusiand everything. anand think -- i think you stay quiet at a a te e li this. u u kn, there's a great ststement by thomas hardenen benton, heheaiaid an enemy who waveve ill, when god almighthty puts his hand on a aanan iake mine off.. i inink at times like this, people, if you d don l le somebody, the best t thi t to is be ququt.t. >>>> harard neman, do you expect any other politicians toto b t

society and i guess for us as the future leaders and officers is the responsibility mainly placed on asa and from where you found is the officers having to make these ethical questions of a -- is there a greater audience addressing this issue altogether? >> it's a great question that people are not talking about enough. so, how is it different being a commander of the unit that uses robotics, age roane squadron for a simple verses a regular unit so i went are now interviewing and was a very interesting to see the different experiences for example an air force colonel who had previously led a predator squadron but before that was deployed in centcom so you see both sides. he described a was more difficult leading this unit fighting from a far than the one deployed and there was a lot of the challenges as he put, one was you have the fact of people at war 24/7. his unit was and deploying and leading together which had that sense of team and also meant they had decompression period between the intensity of combat and when you get home. instead his unit was on a shift never once in the same

but as far asas t the u.s., n ny much.. for examampl their sales to the automobile industry y e e mae 2% of sales.s. t very meaningfulul. they've been wororngng that dow. mae e it 5% ofof tirir fafaicicat pdudus. it's not that imrtrtt. ththrr biggest prododuc is the sheet thatoes intnto beverage cans and that depends on h how t the summer is. people drink more bebeernd cans during h hotwther. >> and soda. >>>>hat's a he rtrt ofhehe business.. >> are yourarawi any ma'am row totododown conclusionsoror thths we'v'vhahad the b big fall o o the front of tubndnd we're going to b be along e bottom for quite wwhi.. very much lili 1982 when we had 11% ununemoyment. yoyou obobly don't remember that,, but that was a g gesesom timeme riod. real unempmpymymenmight have bebeenlolor to 20%. wewe ce out ofit you kkno and we'll come out of this. >> but withlcoa hares, yeststery y e sharesalalli becacae e of smaller t tha expected loss. is this aa time when yoyowowoul tell people to buy in when you have alcoararadi at underunder 0?0? >> we,,

. >>>> it's somethinhat d didt loom as large a few mohs a asas it t do now. that the shifting nanature o o e threreats.s. >> repter: terrorism, espiage,e, corrurun.the hahard-ball lititics, , alalon e plate e for thenation's's top cop. he faces aeries ofof crititical cisions,s, whethero instigatate theh administraration's interrorotion ofususpectcts. >> i have id thahat warbrboardrding isis ttuturere. i think k e dememeatat leastst someme of the ople whoho w worke herere, simp losost thr way. we w will follllow t the facts andnd the la wrever that takes us. >> rororter: do yothink k you have the i indendencnce to dthat if y you n neeto make that cl? >>es. repr: on ththe issue of ra a and polingndnd the arrest of hryou gates, hed too,o, h has been racacially profiled. >> i was a young clegedent iviving fr new yk to washington, opped on a ghway.y. and toldld to openen thehe trunk of my car. the e police officer td mee wanted to search it for weapons. i reremembered as i i goback i in thcacar, howow h humiltetedt,t, how w angrgot. have we e reached e pnt wherere

joining me is livity tata green, fororme republican state senator from wasillala, asas. ta, what do you makeke of ththi is thihis pipicasarah palin? whwhato you think? >> oh, sosoluly. althoughgh t thi ererne was taken by surprise. what you'll findnd he are ththe sets of people.. the e pele who agrgr with sarah and aytythi she doess is grgrea so they approve e r r desion. those p peoe e whdon't agree wiwith much of whh shedodo,, think k he decision was great. and then p peoeehoototed foror hero have her elected assheir four-y-yrr governor are veryry disappointed. >> i have to tell you, i h ha fished at leasasththretimes in alaska and thatt airplane t th just went bebendnd y, it really kekeme want too go f fisng. ththats s real alaskan live sho right there. let me t telll you,folks. all right. now,tt's the taxixi o the north is what it is.s. dada, let me ask u,u, you've hd some run-ins with sarah palin. do alaskans f fee like t tt shes ththwing them under the bus? or they u undststand this cocoent about a hher political cainin what aboutut tt?t? >> fufuy you should d ntnt

the fa tshe hatoti t st whi t world i wr annoceica rick, asa race car driver. >> not jt as a re car erbut bng the fiwoman to we. she's a man t, so yavthat in co. [ chee alause ] ell, mn, you ow, i'm re my parents are ryroud me, but i thi whashdo is -- you know ec the world lot rehan what i d >> i hea pares go on the bus with you and on tour with you. tt drewue >> yeah,eped a lot of tim geer i a ibly all spe. ous like able idea. >> oh, dyo parts >> no, i lmy parents, but we we on ausether somee uld d >> it's like higen camp is desri it. becae avlike all that wroll out >> reall yea nderful weberll. sts ery time. younow, we pick ourood and ot. werobablha better food and wine than at rl most campers,yeah. >> we should incorpormo to o progr. ou don't no. >> why n? >> we dot ve aonfi. wea grill >> i know is is a controveral tng, but s'mores, n as od as they sh be. [ lghte]u alwa get smach ach om them. caus the chocola and mahmlow -- >> how my dooueat? >>h,t least aozen i ea the all. whatever ithe. th're noas good as they should b iright onhat? [ apse ] >> personally --n't think you ve a l of ta

>> trish, ihihinkight now isa rerealpportunityasically asase gogo tough the darkness asas we raise the c ctatain on this earningsgseaeasoto really ok the pull backkwewe are hahavi in this market and take e advantage of this weakneness when youook at iestors that arare looking at the next six t 12 mohs, it is a real opportunity to slowly increase uity posions. we a are going s s about $14. that will contitinutoto expxpan through the ar. i know larry wants to gettin, too. i i ju w wt to kk a specififi questionabout that. as an investstorou look at yourr poportlio what specifically d d you n nee t to being? what are y you doinin dan, righ now? wh is your call action i the nana o thissegment,t, t get you to move in or outof a stock as we arere in the mst of earnings season? >> i think right n we are look going inin technology. technololo h has had a nice run. but oking at the b bigrr technololo markets, the intels, ciscos, oracles. there will beeroroer ccovagage. many companies that are t trang atat 12,22 and a halff times earniningsrereoing to papaicipate with eighthtoo nine percent in gr

asas csusume we end up paying g the price.neded b ts mamanilation in the past,yoyou willllee burnedinin the future. itit sms as thoughhehe new chairman of the commodities future trading commission ss taed about puttingpeculative limits onn comommotitiesf finitt supply,atatur gas not a wholly manipulated market but f, called the un wherethere's a physical a actll prprodt,t, he wants to p rules . that's encouraging but he i is david d to t the dudust'sgoliat. i don't'tee howdadad canwiwin this rndnd ii wld love r rll regugulaonon that wouldld tn theoil fututur market, giveveththe importance oillntnto real markrket rather than aplace speculators try t t outbidid ooutmanipulate each otr.r. i'llll settle foror makininguru know the truth. unrtunately, i am confident the exchange trer ivivsity compmplewiwilleat back any atmpts to regulate t thi industry, thth'r're st too big and moree powerfull thahan e e depos gogornrnme and never yet been feated. eyey m be nonow, although'm surere t tt's not goingngo be te sese. you people t the iv

. >> firsrsof all, heariring paris eech, hearing michchael jackn referred to asas a ddy, just gives a whonew perspectiven ings. these e kids he been refeed to, who was the surrogate, t donor, whoho g getting custody.. then yo see they'rreal people. sources are telliling "intch" at janet has always beenen ver marnal with e kidsand i thk you saw that on stage.e. how w ch the relationship tat pariris has withth janet, e kid haha with theefaly. >>>> given the facact at kathehe jacksoson has tetemporar guardianship rightt now, how involv is the, at are you learning a about h involved janet,or instancnce, is. or jermaine, who said that they're out pl w wg his childrenen. how involveded are they in supportiting the childrdr right now even though it's's catheri who has the ardianship? >> sourceses are sing that michael really kne thatanet was so m mternalnd he wanted her to h have a r re in teir lives. since the kids have en with kathine, janenet has bebeenrealy standing up to the plate, really being a mother figu to the kids. seeing the kidss tother, e en howw pari was being maternal to her

it's n possible but f a family asas disorgazed as the jajacksons itwill b b tougugh.d a $5,000 cashsh ntribution. >> reipts for what. everything you've spent. >>he person f fing tis plication has to hve ve yearof receipts p pving what th fininances are, not for thth personou're t trying to enter. that pern needss to coontribu $35,000 to theendowment care fund of lifornia and a$50,000 fidelity bond.d. so it's goingto take a a lot of cash, a lt of ororganizati. thatat only part of what's required. wever once you get thatt in, the statat can tuurn it arouou pretty ququickly. so it' something we're allllon the eded of r at. >> i can s see you are. >>hank you. >> sllahead, cia versus democrs, can we rely on their intelligence to support our security going forward? do we have the r rght system in place to monitorhe cia? 'll have that conversation. th, of course, supreme c court nominee sonia somayer. her past r rulingso. they give us a a indication of herer politicacal biases and why are therepolitical bies on the preme urt. i thoht that was meant forr coress. whos i in cha

>>>>asashe interstate --asas that pararof a stimulus package? >>i eieinhnhau was very impressd with the german augught bonn an thought we eded the ability to move troopops dd mmatial. soso the interstate w was a natl defense highwaysystem. >> bullet trains. th's mine.. wawa to see a bullele train.. chicago to new york. nenew yorkrk/whihingn. new yoyo t to florida. >>>>ou really think -- well.. i i le trains. >> that w wil cost onlnl about $300 billion.n. >>>> americansovov their rsrs. >> i love trains. got hoed on trains. >> wouldn't that bee coolo go that fast. >> we haha l lahd d and he sai the nortrthet t rridor -- >> no wway >> ow. way. n't get the right o o ways. a whole ninighare. >> thanks. >>> the global head of research wi thompmpnn reuters. >> is over there.. >> oh, ah. gogointotoell us whaha you need to know gog into an earningngs season t thawiwille like no heher.  >>>>hi, folk. m m ma nesto. chchk k outhe energy stocks. i'i' got four upgrades. bottom fishing,g,hrhrew on cru, maririne anadarko, hass and enscsco. if you tak

. >> nasef awiri isivivin jim amer the ray of hoperr green shoot he was looking for asas w said.st man egypypt. nenext lebronn james challengeg any ceo hereoo a one on e. ere are so many jokes wewe could ma here aboboutelelive height differences. i i ll refrain from doing that.. but didid yoyone take him up on hihis offer? we have more on thee inside stoy here from sun valaly.y. some of the best g gosp.p. >>> as all knkn, onee o them still is eded. there arare lot ofasasciting and largrgerhaha life rsonalities and characacrsrs here in the medidia world. julia boororinin focuses on ata among other things, , d d yove been talkikingoo everybody who' here. know you've had chance to catch upitith e chief of twititteamamon othersrs but i waeded to s sta with the big star here.. >>>> tig star, erin. haha to say, b bil gates may have thehe mtt security y nyone rerebut thebiggest star is lebron james. i anan, everyrywhee this man wawas his surrounded by cs.s. you know,, evyone from the media molslso thefinanciers.. antotoy just aut an h hrr ago i heaeard a couple peoplplasask ifif hwawant