the so joe wiesenthal is calling him i can speak a silver conspiracy theorist but here's a guy bill gross who accidentally admitted i was on c n b c but he received inside information from the fed he received information on interest rates but right he let slip and i think that's part of his campaign to try to bring some balance to these markets i think is a vigilante for market justice so he let slip that he actually is in the in the loop with inside information from the new york fed in the federal reserve now he's talking about gary gensler c.f.c. see openly and corrupted lee rigging markets in this regard in capitals nightmare that's disenfranchising people all over europe all over america but they did a great job because we had it on our you to look down below here people were screaming shrieking for that the third one third of our prices are falling they're so powerful we are helpless people remember but at the top of the show we said people have the power it is the people who have the power organizer counterattack and you will win silver coin sales booming perth meant so there were a

a price drop in the price of oil of course but wiesenthal's of paper bug any attacked pimco and bill gross as being given to conspiracy theories so there's a bit of an interesting dynamic being set up here between bill gross and the people who support the status quo in the paper pushing paper bug neo liberal psychopaths that drive down the road toward economic clintonism that we're seeing in athens the return of the when they call themselves al the gap so joe wiesenthal is calling him a conspicuous silver conspiracy theorist but here's a guy bill gross who accidentally admitted i believe was on c n b c that he received inside information from the fed he receives information on interest rates that's right he let slip and i think that's part of his campaign to try to bring some balance to these markets i think is a vigilante for market justice so he let slip that he actually is in the in the loop with inside information from the new york fed in the federal reserve now he's talking about gary gensler c f t c openly and corrupted lee rigging markets in this rig market capitals nightmare that's

was at the end of april remember we had all those marching hikes on silver who can forget well bill gross the manager of the lot world's largest bond fund tweeted last week that margin increases on silver are basically an attempt to rig the market he said quote i eat a action yesterday continues policy makers efforts to cap bad inflation in parentheses silver margins excedrin nonetheless higher inflation ahead well bill gross is going off the reservation he's calling out the manipulators and the corrupt regulators they're in the pocket of the markets he feels i believe that his fund big. bond fund the world one of biggest funds in the world he's got the leverage and he loves to write about the inner workings of these markets now over there in business insider dot com joe wiesenthal at the same time he wrote a piece lauding ben bernanke the for engineering a price drop in the price of oil of course but wiesenthal's of paper bug any attacked pimco and bill gross as being given to conspiracy theories so there's a bit of an interesting dynamic being set up here between bill gross and the peop

. >> susie: we ask bond guru bill gross about the fed's next move, greece's debt crisis, and the health of the global economy. it's "nightly business report" for tuesday, june 21. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: >> tom: good evening and thanks for joining us. a triple-digit rally in blue chip stocks today as u.s. investors were counting on a crucial vote of confidence in the greek government after the market close, susie, and that's how it played out. a short while ago, the greek parliament supported prime minister george papandreou. >> susie: tom, that removes a lot of uncertainty and could set a positive tone for trading here tomorrow. another important factor for investors-- a key meeting of the federal reserve. the central bank kicked off a two-day meeting today and is expected to continue its policy of keeping interest rates near 0%. >> tom: investors will be looking to the fed's statement and tomorrow's news conference with chairman ben bernanke for any subtle hints about where policy is headed. dar

and the world's most influential bond-fund manager, bill gross, joins us to talk about what he thinks the fed will do next on interest rates and fixing the economy. expect some big changes when it comes to internet domain names. those are website endings like "dot com" or "dot net." icann, the group that oversees internet domain names, voted today to unleash a floodgate of new web addresses, sparking what could be the biggest change to the internet in nearly 30 years. icann's michele jurden calls it an important step. >> just like no one expected that dot com was going to become as big as it was. and then facebook and all the various social media stuff popped up, and who would have thought that would have ended up being as big as it was? and now i think that these new extensions are just the next evolution of the internet. >> susie: those new extensions will start showing up next year, but at a cost. a new domain name suffix will cost $185,000. icann will begin accepting applications for new domains beginning in january. in just six weeks, the united states will reach its debt ceiling

because they have very different economies they're very different sizes obviously however because bill gross actually told the m.p.c. he thinks the u.s. isn't worth financial shape and greece as well as another indebted european countries when you add in the money owed to cover future liabilities fifty trillion when you look at what's owed for medicare medicaid and social security and the future do you agree with that. i really don't agree with that when you talk about medicare and social security going broke in a kind of liability set her own boat on it you still have to put it in the context of the unemployment situation in the united states there's almost thirty million americans who are not paying social security taxes or medicare taxes because they're simply out of were when you have thirty million people out of work in the united states social security and medicare will go broke really think that's the problem is we've been dealing with symptoms and not the root causes of the problems for the past three years it sounds like you're arguing that this has been a revenue crisis which is so

i want to read one more piece from the cnbc interview with bill gross. we have always wondered who will buy treasuries, he said, after the federal reserve purchases the last of the $600 billion to ease the second leg of its quantitative easing program later this month. it's certainly not pimco he said and it's probably not the bond funds of the world. madam president, i have quoted erskine bowles before about his take, a democrat, chief of staff to president clinton, who was one of the co-authors of the report that the commission presented at the request of the president, laying out the dire crisis that we face and recommendations as to how to address it. erskine bowles, the cochair of the president's fiscal reform commission, said the growing national debt and federal deficits are -- quote -- "a cancer and they are going to truly destroy this country from within unless we have the common sense to do something about it." this is the challenge before us, each member of the house of representatives and each member of the senate and the president of the uni

that's what bill gross told cnbc yesterday.ntitlement programs ter fis most americans. especially after a lost them saw life savings evaporate in the great recession and seeing the values of their homes plummet. according to a study by the employee benefit institute, a lot of americans have not saved enough for retirement and have to rely on social security for their income as they age. the study also predicts that many americansville to work longer than planned. many could end up working into their 70s or 80s in order to afford retirement. it's a depressing thought whether you are approaching retirement or being able to afford it. americans are living longer and as a result of that, the cost and quality of health care is available to them and becomes more important. 72% of non-retired americans surveyed said the cost of health care will determine when they can retire according to the wells fargo retirement index which say long name for a fairly short study we likely have seen the end of a gold watch and skpengz company-provide

bill gross, the head of pimco, the largest bond fund in the world with hundreds of billions of dollars invested, has ceased buying u.s. government treasuries. none of that is in his portfolio. he says recently what we are doing with our economy, with the fed, with its quantitative easing, the government with its worthless stimulus package that this congress passed that's done really nothing, he called it a sugar high. not real. a temporary surge that has not changed the circumstances we're in. he's a man who deals every day with investments, and he has ceased to invest in the united states treasury. yet the nation has operated without a budget, without a budget now for 785 days. the democrat-led senate, even when they had a 60-vote majority last year, perhaps the biggest majority in maybe my lifetime. i can't remember a party having 60 votes in the senate, when that last occurred, but you can pass a budget with 50 votes. it's giving a priority. we know we need a budget. we set up a budget act that allows even a bare majority of senators to pass a budget, and it helps contain spending a

bill of 2009. there is the dark line which is a change in gross per-capita use overtime in san francisco. this is literally all of the water that crosses the county line in san francisco. current water use is at 85.6 gallons per day. everyone would have to take a share of that. that is below 100 gallons per capita per day. the last average is at 92.2 per day. this is under the way you calculate compliance with the water conservation act. that does not mean we will not do additional conservation but san francisco is really out there in terms of party complying with low water use. 85.6 gallons, sometimes you hear other numbers turn around like 51 gallons per capita which is residential water use in the san francisco. the gross number is calculating all of the water used in san franciscoslashthe number of residents. you will hear the key numbers. -- dues to san francisco -- used in san francisco divided by the number of residents. first, we are in the process of working to secure additional supplies to meet the shortfall due to the flow requirements that are required for the calaveras dam pr

bills. between today and june 14th, mr. pickle's will donate 25% of their gross proceeds for his recovery. it's important for everyone to keep him in their hearts. >> it's something that should never have happened and still hearing about him on the news and hearing how he's recovering, hearing that his progression is not going as fast as they had hoped, it's something that should ever be forgotten. >> the store has already seen an increase in business. many customers say they are coming in because of the fundraiser and they appreciate what the business is doing to help the family. >>> hayward police have questioned a person of interest in the disappearance of a nursing student. she was once friends with michelle lee. police seized her cell phone and computer. she was last seen friday after a nursing class. so far, investigators have talked to several friends and acquaintances and issued four separate search warrants. >> the longer we go, the more concerning it becomes to us, the more likelihood that it doesn't necessarily have a happy ending. however, at this point we're not in the positio

without objection, therefore, the bill is n grossed, read a third time, and passed, and the motion to reconsider is laid upon the table. for what purpose does the gentleman from california rise? mr. lungren: mr. speaker, i ask unanimous consent that all members may have five legislative days to revise and extend their remarks and include extraneous material on senate joint resolution 7, senate joint resolution 9, house resolution 299, and h.r. 1934. the speaker pro tempore: without objection, so ordered. for what purpose does. mr. lungren: mr. speaker, i ask unanimous consent that when the house adjourns today it adjourn to meet at 10:00 a.m. on monday next. the speaker pro tempore: without objection, so ordered. for what purpose does the gentleman from utah rise >> mr. speaker, i ask unanimous consent that the gentleman from new york, mr. rangel, be removed as a co-sponsor of h.c.r. 59 which i am a sponsor and my name be removed from h.r. 657. the speaker pro tempore: without objection. hearing none, so ordered. the gentleman from virginia, for what purpose do you rise? >> i ask unan

thus you can have an adjusted gross income of slightly less than $1.25 million and still ask taxpayers to foot the bill for your federal agriculture payments. let me say that again. you could have an adjusted gross income of $1.25 million, adjusted gross income, and still go to the trough here and ask the taxpayers for farm subsidy payments. i would ask anyone how they can explain why a family earning more than $1 million a year needs to receive a check from the government. this amendment would loather that income limit to being eligible to receive farm payments from $1.25 million to $250,000 in adjusted gross income. i think a farmer has done well if they clear $250,000. i think it's wonderful if they do that. they should try to take a day off from their hard work if they do. but don't come back to the federal government and say we need more farm subsidy payments. let's have some sanity in this program here. i would urge adoption of the amendment and yield back. the chair: the gentleman yields back. for what purpose does the gentleman from georgia rise? mr. bishop: move to strike the last word and opp

billed this as a becomes office shocker. knocked up and super bad director is hollywood's king of guy humor. as of this morning the highest grossingovie ever is the female comedy "bridesmaids." next week "bridesmaids" will overtake "sex in the city" as the biggest female comedy of all time. >>> finally, after blabbing about his fling with megan fox, shila labeouf said he is learning how to edit himself and say no comment. >> so the intern trags is that he officially admits he's been cut off by starlets. >> don't you think it is interesting he just got that last point out before he -- >> if you are going out with a bang -- >> that's the way to do it. >>> this comes to us from new york city at one of the busiest airports thanks to a runaway reptile invasion. a parade of turtles brought take-off at jfk international airport to a screeching halt. the terrapins searched across the runways snarling takeoff traffic. officials diverted planes to other runways while work crews scooped up 150 turtles for an express ride to a nearby sandy and safer habitat. iowan i'm lynn berry. this is "early today." just your first stop of the day on your

gross. new labels on cigarette packages. >> a researcher confident they will deter hard core smokers, >>> despite support a bill to requireir guns to be brightly colored died today at the state capitol. during a packed hearing lawmakers examined air guns to get an idea of how authentic they look. chief beck says making bb bright colors would prevent officers from mistakenly shooting someone holding one. >> so far, this year, 2011, 25 times, my police officers have used deadly force n two instances, suspects were armed with air pistols. these individuals did not have to be shot. >> manufacturers and users argued the bill is a job killer and an ill logical attempt to improve public safety. california requires toy guns to be brightly colored. >> the fda is taking new steps to make cigarette smoking less attractive. and there is nine new and graphic warning labels. the fda hopes images will get current smokiers to quit there is a graphic label that have worked in other countries. >> and they will tell you that there are disease as associated with smoking and they tend to underestimate risks. and there is graphic warning label

bill get his live bed bugs? they're overnighted from new york. where else? and if you're not totally grossed already, listen to this from jody gangloff-kaufman. >> i think it's conceiveable that at some point everyone that you know will have dealt with them in one way or another. >> reporter: all of us? >> i think it's conceiveable. we really haven't stop them or slowed them yet. >> reporter: here's news you can use even if you would prefer not to have to. if you see those tell-tale blood spots, throw your sheets, your clothes, your shoes into the dryer on hot for half an hour. at 120 degrees, dead bed bugs. and then call a professional. don't even try to do it yourself. and don't, whatever you do, city dwellers, scavenge stuff off the street for fear of picking up an instant bed bug infestation kit, the only missing ingredient is you. after all, bed bugs love snuggling up to nice, warm sleeping human bodies. rest assured. >> ahead the 30 years' war on aids. [ waves crashing ] ♪ ♪ [ male announcer ] and just like that, it's here. a new chance for all of us: people, companies, communities to

that is going to be the gross debt of the united states, all the bills that we owe. and this line, this black line, is the 90% threshold line. why does that matter? because, mr. president, we have just had the definitive economic study done on deficits and debt and economic growth. it was done by professor carmen reinhart at the university of maryland -- no longer there, but she was at university of maryland -- and ken rogoff. "we examine the experiences of 44 countries spanning up to two centuries of data on central government debt, inflation, and growth. our main findings is that across both advanced countries and emerging markets, high deb debt/g.d.p. levels (90 where) are associated with notably lower growth outcomes" for the future. so this isn't just about numbers on a page. this is about the future economic prospects of our nation. a failure to act will consign us to a more limited future. fewer jobs, less economic growth, less economic activity, a weaker position for the united states in the world. that's where we are headed, and we have been warned repeatedl

bill. there are key points that will be argued. here, there will be an order on the language that will adjust the average gross in comcome foa period of payments if you are a farmer. there will be additional payments. this has been a flashpoint. this will be something that a number of people want change. the administration has had its own proposals that have been ignored. you will see amendments offered. the united states struck a deal to make payments to the brazilian, and institute in order for brazil not to levy retaliatory terrace on the auto industry and a number of other industries. that is a title where i think you'll see a lot of fireworks. >> the obama administration avoids objection to many aspects of the bill. we are not hearing a veto threat for the white house. >> the reduction for women, infants, and children. the language dealing with the payments to the brazilian. we will roll back administration policies on nutrition programs. >> we thank you for your time. >> the house is expected back here shortly on debate with the 2012 agricultural department spending bill. some information about our live coverage tomorrow, and

gross national product comes from exports. we can do it if we set our mind to it and make it priority. one of the bills of our make it in america agenda is to make sure we have a manufacturing strategy in america, a plan to win. the president talking about winning the future. we want to to do that. if you're going to win almost anything, you need a plan to do so, so one of our first bills is a plan to ask the administration to come up with an update on a regular basis no less than every four years, a strategy for encouraging and growing the manufacturing sector of our economy. if we do so, americans believe and i believe we're going to be the kind of economy that creates jobs and is competitive worldwide. >> thank you. chandra, maybe you can talk a little bit about how you see from your perspective from where you sit the, you know, the relationship between the private sector and the public sector and moving to where we are making it in america. >> well, i'm here to say we are making it in america. good morning, everyone. that's a pleasure to be here. i wanted to thank caps. i'm on a distinguished panel

gross national product comes from experts. so that we can do it if we set our mind to it and make it a priority. one the bills in the make it in america agenda is to make sure we have a manufacturing strategy in america. a plan to win. the president talks about winning the future. we want to do that. if you are going to win almost anything, you need a plan to do so. so one of our first bills is a plan to ask the administration to come up with an update on a regular basis, no less than every four years, a strategy for encouraging and growing the manufacturing sector of our economy. if we do so, americans believe, end i believe, we are going to be the kind of economy that creates jobs and is competitive worldwide. >> thank you. chandra, maybe you could talk a the bit about how you see from your perspective from where you sit the, you know, the relationship between the private sector and the public sector and moving to where we are making it in america. >> well, i'm here to say we are making it in america. good morning, everyone, it's a pleasure to be here. i wanted to thank captain. i'm on such an increasingly