i'm bill rick's i own the property east of the subject property and strongly support 24 project. more importantly i'd like to read a short letter from a neighborhood of mine. this is from mary kay q shields immediately west of the property she asked me to read the letter. dear commissioners i've living e lived on filbert street my home is immediately next door to the proposed this on telegraph hill i believe the project deserves our support the property has been vacant wrapped with a chain link fence. the owner and sheert has been supportive to my suggestions about the design which will be an appropriate scale for this location i look forward to the property being cleaned up and thank you several mary kay i have another letter from john fitzgerald a similar sentiment i won't read but pass that along to you >> thank you. some more names. (calling names) >> hello, i'm calvin i own a tic i've taken an interest in the architect of our city i've been born and raised outing outside of san francisco but will hear. i'm impressed with the design the fact he's been linking to our feedback

bill: rick perry says the president needs to be there to show he understands.nk when i listen to the white house, they go for symbolism. you go there because you are in charge. you go there because you are going to have to make decisions and you want the maximum amount of accurate information. he doesn't function that way. that's why he runs away to fundraisers when ambassador steven is killed. i mean, there is a disconnect here in the things a leader does. >> there seems to be a certain stubbornness. when the other side tells you to do something, you under that as a politician. you wanted to give him. it has to be -- if you happen to be one out of 10 times right, you should do it. but there is no level at which he functions as a chief executive. he's functioning 100% as a politician. most presidents function half one, half the other. but the chief executive thing will kick in at important moments. bill: is that because you have to be in there and be a governor to learn those skills? >> i think there is a lot to the fact that the president wasn't prepared to be

already begun to pour in from members of the republican party after the house pulled the border bill. rick perry issued this statement. it's beyond belief congress is abandoning its post while our border crisis continues to create humanitarian suffering and illegal aliens pose a threat. congress should not go into recess until our job is completed. do you think the republicans are going to scatter back tomorrow, have a quickie and pass it, and will it go anywhere in the senate? will we get anything to the president's desk? >> i don't it. they don't have the votes right now, so they're going to beat people up all night long and hope to have them tomorrow morning. and even then, it's going to be questionable. and if something comes across, it's going to be watered down from what it is now, trying to accommodate the far right in the republican conference. so when it gets over to senator reid and a more sensible senate, i don't think it's going to go anywhere, which ought to make americans so angry that they began to react to all of these people who come to washington to disrupt the nation. it

. >> you know, going back to bill clinton's time. >> rick liked that. >> newt gingrich came up with a very effective plan to reduce welfare, get people to work. unfortunately, that's been eroded the past several years. i think looking at what clinton and gingrich did would be a good place to start. >> rick unger, when you get people working, this is going to be, i know you're going to make your head explode on this one, forgive me. when you get people working at the lower end of the food chain, yes, but they can get up and work up the chain and get a better job. get them off welfare, working, and move into a higher paying job. >> that's hard to argue with. the problem is i wouldn't disagree with that, no head exploding yet. but i think that as they do move up, you've got to pay them a liveable wage. what we still have going on is income inequality to the point it is now the biggest problem. >> let me get to rich. what do you make of getting waste out of the system. have you seen it work, putting people to work stops the waste in the food stamp program, cuts dependency and cuts depende

bill: get on it, rick.r: well less than ten minutes to the opening bell with a big rebound expected today on wall street. the markets don't usually like global turmoil. they had lost ground this week as tensions flare in ukraine and fighting escalates in gaza. what will drive today's rally? stu varney from the fox business network. i of course knows the answer for us. good morning, stu. >> crisis? what crisis? heather: one or two or three. >> look, six days ago the dow jones industrial average hit an all-time record high, never been higher. then came the plane shoot-down, then came gaza, the market sold off and look at it today. we're about to open higher again. in fact we may get back to another all-time record high by the end of trading today. you see the market doesn't care. money has no morality. if an overseas crisis does not affect america's economy or corporate profits of american companies, the market doesn't care. money has no morality. of the market is going up today because, we're distracted by w

. >> paul, thanks, rick, thanks, steve thanks to you as well. >>> coming up, bill nygren with a bullish call on amazon. find out why he says you probably got it all wrong on this stock. >>> plus, our call of the day. an apple upgrade by one of the most bullish analysts on the stock who went cold on it now has reversed, admitted that they just got it wrong. why does he think now is the time to get back in? >>> and dom chu, our sideline reporter, he's monitoring all of your tweets. i bet just a few came in about that debate between rick and steve. tweet us using th the #halftimereport and the domino will read them on the air. that and much more straight ahead. just take a closer look. it works how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement. and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review. [ radio chatter ] ♪ [ male announcer ] andrew. rita. sand

. >> nobody likes money to coming to texas more than governor rick perry. billurton, thank you for your time and thoughts. >> thanks. >> coming up, benghazi, benghazi, pbenghazi, it turns ot the obsession is also an important one. we discuss the department of waste management next on "now." you know that dream... on my count. ...the one where you step up and save the day? make it happen. (crowd) oh no... with verizon xlte. hey guys, i got it right here! we've doubled our 4g lte bandwidth in cities coast to coast. so take on more. with xlte. on the largest, most reliable 4g lte network. thlook what i got.p. oh my froot loops! [sniffs] let's do this? get up! get up! get up! get up! loop me! bring back the awesome... yeah! yeah! yeah! with the great taste of kellogg's froot loops. follow your nose! but i've managed. ♪ i got to be pretty good at managing my symptoms, except that managing my symptoms was all i was doing. ♪ when i finally told my doctor, he said my crohn's was not under control. ♪ he said humira is for adults like me who have tried other medications b

the bill's sponsor, rick jasper's, said that labeling the bill as the nation's most extreme is a typicalactic on groups that survive on fundraising and headline grabbing, "that is what they are supposed to do." the division dealing with airports is supposed to help licensed gun owners to forget that he or she might have their gun in their purse until going through tsa screening. with proof with a license she will be turned away but not arrested. unlicensed carriers still face arrest and a misdemeanor charges . this is before the bill went into effect." mike, west virginia, republican line, good morning. good morning,r: thank you for having me on. a good bill, in a way. i am sure it was passed to preserve the second amendment in georgia, which is a good thing. time will tell how the bill turns out. i am sure a lot of the businesses down there have the right to say that you are not allowed to bring a gun into their establishment or not. i am not sure if that was put into the bill or not. like we say, we will just have to wait and see how things go with the law down there. we have got time

so far -- but so far the legislation, the closest it's come to doing that the senate bill last summer. if you and rick hey, guys, we need this, these funds, please get on board, it would do a lot to ease the consternation. in retrospect, was it a bad idea to let that bill die in the house? >> luke, i have spent years and years and years. i've been lieutenant governor of texas f texas. republican and democrat into doubling or tripling the size of the border patrol to protect not just texans but everyone in the country. and no action -- that's why seven years ago we started putting texas tax dollars into doing the job the federal government has failed miserably in doing. we activated at our expense in texas 1,000 members of the texas national guard so we could do the very best job we can to shut down the border against the people coming across that caused all those crimes. this is about law enforcement. right now the border patrol is totally absorbed with the 50,000 unaccompanied children which have come across. we want to make sure -- again, that's humanitarian. pulls at my heartstrings and yours. we s

bill: very interesting comments from rick perry. bank, former campaign and white house aid to former president bush and jessica ehrlich, former congressional candidate and attorney as well. welcome to both of you. dee dee and jessica, good morning. >> good morning. bill: dee dee, are you ulterior motive, inept, a little bit of both? what is going on here? >> a little inept. coming off 4th of july week inched as well as world cup, team usa to look at the people on the border they're having to deal with this influx and they can't hand dill it. municipalities, they have very small budget and having trouble. you saw the pictures. four, five-year-old kids? do you really think they got their on their own? no, this was coordinated. president is in texas two hours away doesn't want to see this, that tells you he is in on the job. i believe that is what the governor is saying. bill: you believe it is coordinated. >> i do? bill: through who, what way. >> how did they get their otherwise? countries are getting message okay to come across the b

looking at a $3.7 billion bill to deal with the immigrant crisis. and governor rickry suggests it may be time to call in the pentagon. molly has this story. >> some say $3.7 billion is teach to spend without securing the border first. but president obama wants to spend the money on more judges and facilities to take care of the children coming across the border illegally. >> we're open to working with democrats and republicans in congress to get this done. but the president has moved quickly to be very clear about what specifically needs to be funded. and we would like to see republicans back up their rhetoric with the kind of urgent action that this situation merits. >> the president did not go to the border during his trip to texas this week. but he did meet with texas governor rick perry. he says the president has the ability to stop this crisis at the border with mexico. >> he can pick up the phone to the d.o.d. if we start securing the border, all of the issues that are facing us begin to diminish. >> but the president believes that a longer-term situation will

bill. republicans don't trust the administration. texas government rick perry calls on the february to reimburse them $500 million. president obama took executive action to deal with a humanitarian crisis, announcing the administration will shift resources. leaders do not have the will to do anything more. >> the number has stopped surprising us. they talk about 50,000 children as if they were talking about five. it makes the problem seem for normal. they are not interested. >> in the meantime protests on both sides will likely continue. >>> earlier i spoke with a reporter for "the desert sun", and of course add her about the concerns from the towns people on both sides of the debate. >> there's different concerns on both sides of the issue. if you ask proimmigrant activists their concerns are the children and treating the undocumented immigrants. they say they told me that this is about the kids. what about the kids who have crossed thousands of miles to get here. on the other side you are seeing residents who are concerned about their own children. sayi

isn't creating more consumer spending, the word from ceo of walmart bill simon, joining us in a minute. >>> first, ricksantelli what are youwatching today? >> my camera man. kind of slow today. >>> watching productivity. why? the sum of the economy might not be equal to the perks. that is key. we'll go over all of that arithmetic after the break. my motheit's delicious. toffee in the world. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. [b♪ll rings] time and sales data. split-second stats. ♪ its so close to the options floor, you'll bust your brain-box. all on thinkorswim, from td ameritrade. >>> coming up, bulls slowing down big time? a big, bold prediction. >>> as the cupcake crumbles. more stocks like crumbs in the market in danger of be

rick. >>>ed bond king -- pimco's bill gro is standing by listening to all this, taking this in in a way that only bill can. he will tell you what he things coming up right after the break. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. yyyup. with xfinity internet soyour family can use all their devices at once. works anywhere in the house. even in the garage. max what's going on? we're doing a tech startup. we're streamlining an algorithm. we're going public! [cheering] the fastest in-home wifi for your entire family. the x-1 entertainment operating system. only from xfinity. female announcer: you'reduring sleep train's triple choice sale. for a limited time, you can choose to save hundreds on beautyrest

bill that pass congress. but it is obviously crunch time. it's going to have to happen quickly. >> we hear from ricko suggest you get national guard troops at the border. >> it's a change for the president when you have the border crisis. you weigh in on the deadly crisis in gaza. what is the priority and what is the approach in dealing with both of these issues at once? >> well, i mean, the administration has probably more influence on the issue on the border. but obviously the foreign policy advisers to the president are trying to weigh the situation overseas. john kerry came off months of trying to negotiate a peace plan in the region. the president called benjamin netanyahu and said the united states sharply condemns the rocket attacks but offers the united states help in trying to broker a peace agreement. it's not clear israel is looking for are the help. it's a difficult situation. i think these are being worked on independently in the administration but two big chan challenges. >> certainly big challenges with lots at stake. the welfare of the kids and the lives lost in the mideast. thank yo

bill: a change of plans for the president. the white house bending to pressure over the crisis on our border. he wants to meet with texas governor ricking the governor wanted for four years but what will the governor say? martha: will mitt romney be back at at another run for the white house? why a leading republican says the former governor will not only run again but he believes he will win. p÷úññ @úñx >>> president obama apparently bowing to political pressure as another plane load of illegal immigrants arrived in california. they invited rick perry to a meeting while the president is in the state later this week. welcome to a brand new hour of "america's newsroom." i am martha maccallum. >> and i will bill hemmer. just about a day ago the white house insisting there was no concern with the president vi t visits texas without planning to go to the border. now a changing of plans of meeting with perry but not going to the border himself. >> ed henry is live. why the change of heart? >> i think you are right about the political heat and it isn't coming just from the republicans now. you had democratics from texas saying the

president says his emergency aid bill would address the overwhelming problem of undocumented children streaming across the border. and during a meeting with texas governor rick perry, he asked for support from him and the entire texas delegation. >> the problem here is not a major disagreement around the actions that could be helpful in dealing with the problem. the challenge is, is congress prepared to act to put the resources in place to get this done. >> the president says his emergency aid bill would provide increased border security and care for tens of thousands of undocumented children that have been detained. >>> in the mideast this morning both israelis and palestinians seem more determined than ever to intensify their cross-border attacks. israel stepped up its aerial pounding overnight hitting hundreds of hamas targets in gaza. palestinian militants are answering backfiring rockets more deeply into israel and neither side seems willing to back down. >> we told hamas to stop this rocket fire but they continued and now we are acting. >> the israeli government is fully responsible for this deter yag and i'm afraid we haven't seen the worst yet. >> th

bill: you mentioned it, here it is on the screen. mandate deployment of the national guard. rickdoing that right now within his own state, right? >> yes. bill: boost funding for border patrol and require administration to more quickly process and deport families in the u.s. illegally. what is the chance that gets through congress? there is a senate plan out there that is quite different. >> you know the senate has a history of not doing anything this session. harry reid right now has 32house bills stacked up on his desk. that is quite a to-do list. we know it is going to be incumbent upon the house to lead. we know that one of the things that needs to be done is this 2012 daca, deferred action on childhood arrivals executive order that president did needs to be frozen and needs to be rescinded. that is the magnet that these coyotes are using through these countries. it is despicable the way that is being used to bring these children here. there is not going to be amnesty for these children that are coming into the u.s. illegally. bill: one last question here, because there's a re

bill was passed. the house is not yet to take it up. texas governor rick perry is calling on the government to reimburse his state $500 million, the cost to secure the texas border. president obama took executive action to deal with what he called a humanitarian cries assist. announcing the administration will shift resources to the border. it's a temporary fit. >> translation: the number has stopped surprising us. they talk about 50,000 children as if they were talking about five. it makes the problem seem more normal. if you ask me, why aren't they doing anything? because they don't want to, they are not interested. >> reporter: in the meantime protests on both sides are like i had to condition >>> for more i want to bring in tatiana sanchez, a reporter for "the desert sun", and has been covering this story. this has been ongoing for some time. we saw passions running high on both sides of the debate. of those you talked with out there, what are their concerns? >> i think there's different concerns on both sides of the issue. if you ask the activists the

again it's another weird story about what they find acceptable what bill what they'll tolerate whether it's marco rubio or this character rick scott right now if you look at the polls it's about a dead heat between charlie crist and rick scott well it isn't that there's a whole nother dynamic here mike is the ever since the seventy six when. the supreme court of the buckley versus les have case concluded that basically rich people could sell fun. they're campaigned very much any tune they wanted a carbon exception out from the seventy four most nixon you know campaign finance laws rick scott walker race right through that whole i mean he spent he had made a fortune running this criminal enterprise this criminal. hospital chain ripping ripping us all off to the tune of over a billion dollars many billions of dollars and he used that money to put himself in office than a million dollars for through that money is what he came up front with now look add that a ad that money that he didn't spend in the last election ad the money that's coming in from the billionaire inheritance babies who rick scott is just the perfect candidate

marco rubio, an article on him, he had bills ready to go, if republicans take the senate, they're putting solutions on the president's desk and rick perry sending the national guard to the border. i'm seeing solutions from the gop. that's what the american people want. neil: tate? >> you talked about america as a leader. to be a country leader, you need leaders, i don't see a lot of leaders in politics. my son's a leader, a hero to me, he's a marine, gunnery sergeant in the marine corps. green politicians go to make a lot of money once they get out of office. that's why he doesn't want part of it. that's why i think you need term limits. you don't need to make politics a career. it should be a part-time position that people should be forced to do not people get into in order to make money and get rich. neil: young people, even with the market run-up, by and large don't trust the president, like they don't trust republicans, like they don't trust the institution of marriage, the cynicism in the middle of the supposed market, they want nothing to do with it, what do you say? >> cynicism feeds upon itself. i hate to say it, a lot of

rick perry. first, here's our quiz. when was the last time republicans and democrats came together to actually pass an immigration reform bill? i'm going to give you the answer when we get back. sea captain: there's a narratorstorm cominhe storm narrator: that whipped through the turbine which poured... surplus energy into the plant which generously lowered its price and tipped off the house which used all that energy to stay warm through the storm. chipmunk: there's a bad storm comin! narrator: the internet of everything is changing how energy works. is your network ready?" humans. even when we cross our "ts" and dot our "i's", we still run into problems. that's why liberty mutual insurance offers accident forgiveness with our auto policies. if you qualify, your rates won't go up due to your first accident. because making mistakes is only human, and so are we. we also offer new car replacement, so if you total your new car, we'll give you the money for a new one. call liberty mutual insurance at... and ask us all about our auto features, like guaranteed repairs, where if you get into an accident and use one of our certified

rick santelli in chicago. >> thanks, simon. i'd like to welcome a special guest today, michigan republican congressman bill huizenga. y, congressman. >> thanks for having me on, rick. i can't help but throw out my twitter handle after that conversation just before the break. @rephuizenga and @billhuizenga. it's a tool i use and it's a great way of communicating with people around. just wanted to throw out that. >> and they had good market-moving data on their own behalf today. did you see the data by the government regarding our first look at second-quarter gdp at 4% today, congressman? >> yeah, real briefly. and i can tell you in west michigan where i'm from, my family's involved in construction. we've been having a very good summer. manufacturers in our area and its office furniture, automotive, a lot of different diverse manufacturing. they're having a difficult time finding people to hire again. they're going well. i think it's expected. the problem is that this has been the longest, shallowest recovery in modern history. we all know that needs to turn around. >> but it is gaining some traction, which really does

rick? >> she is pushing immigration reform. >> how? fundraiser. >> clearly she would like to seat immigration reform bill, that's the democratic prescription for a the lotted of this. i don't think it's fair to expect every lawmaker to be handing out sandwiches. >> i used that as a reference. the people who have the power to do something, have the authority to do something they are not doing it they are not up on capitol hill pounding out some bill. she is out at a fundraiser in california. i'm not expecting her to hand out sandwiches, but. >> it is remarkable 8 days before this congressional recess everybody agrees this is a big pressing national issue. no sense of urgency around it everyone is throwing up their hands too far apart have to come back after labor day. >> real possibility. >> nothing will get done before the recess. >> they should be engaged and maybe every single one of them doesn't need to be down on the border. it's such a huge issue. i think president obama should have gone to the border when he was down there. i think if they are going to talk about it, they should go down and see it firsthand and everybody see what's g

rick perry send down the state police? >> he has been there three times looking at it. >> because the cameras are down there. >> doesn't this bill give people a reason to come over the border? he wants the kids fast tracked so doesn't that send the message they are getting processed quickly so let's send more. >> that is why senator mccain says he will sign off on it if the administration agrees to send them back. because guess what? he will see the same thing next year and after that. he is making it point i will sign off on the bill when you send them back. >> you could see $3.7 billion next week. it went from 2-3 billion in a week's time. with respect of the congressman in illinois, it is projected to grow up to 90,000 illegal children crossing the border by october. if we are in a lame duck session that is a quarter of a million new children by the time we get a new president. >> a, it will not happen -- >> how do you know? >> these kids are coming from salvidor and guatemala which are dangerous places. >> compten is a dangerous place to be. >> are we supposed to take any child from around the world? >> we should take any ch

rick perry number. one of the people. right to see. first street. and i think you're. on our reporters. and in. the end. on my. back with bill maher chris christie does he have a future. in garbage removal i don't know about politics though i think he has a future i don't know. i think you know we did something about the fact that he should have run in two thousand and twelve because the longer you stay on the vine the more likely something like that is going to come up obama was very smart remember when he ran every said how can you run you've barely been in the senate people don't even know who you are and he went exactly that's exactly the point they don't know who i am if i wait around of the four years old i'm going to pick at more votes to use against me and chris christie if he was smart should have run in two thousand and twelve when he was still had that new candidate smell of any could be indicted you know yeah it's looking worse and worse because of course when the press doesn't come up with a really important stories the t.v. press anyway but boy when they get their hooks into something that scandalous they will

bill plante is at the white house with details with the meeting after rick perry said no to a ♪ op. a presidential candidate has been one of the president's strongest critics on immigration. the white house reached stout perry after he turned out an airport meeting even though perry has come to the airport in the past when the president has come to texas. the administration will send a big request to congress today, almost $3 billion to deal with the thousands of migrant children from central america. the white house insists that most of them will be returned, but it's also trying to arrange temporary shelters including one in dallas. white house officials say the president will not go to the valley, to the border, while he's in texas. although he will reach out tomorrow at a roundtable in dallas to discuss the issue. the whole thing has become a huge political problem for the administration. gayle? >> thank you, bill. >> bill, thank you very much. >>> a super typhoon threatening to cause major damage is heading for japan this morning. a photo taken from space, take a look at just h

these students are there to pay the bills while they're in college and to get a leg up so that when they graduate, they have a resumÉ, and, ricksimply bad policy that's going to hurt young workers -- neil: well, caleb, how widespread was this phenomenon? some institutions might be saying we fear these cuts, we're going to to -- >> we've seen, we're seeing it all across the country. the university in illinois where they're trying to increase minimum wage, they already have a very, they have one of the best minimum wage laws in the country or one of the highest ones, and universities there are coming out and saying if you increase this minimum wage even more to over $10 an hour, we will have to fire students. neil: but to rick's point, they knew the minimum wage was going to go up. is the issue the alarming rate at which it did go up and that they could deal with it in small increases or that it just went up period? >> well, i think the issue is who's going to subsidize this? where is that money -- >> who subsidizes the school? >> well, it comes from -- yeah, the budget shortfall is coming from fewer depressed enrollment rates a

bill. congressman defazio, rahall, congressman rick larsen and on the republican side i'd like to thank congressman lobiondo and congressman griggs for their help and bipartisan crfting of -- crafting of this bill. a special thanks to congressman tom graves who in the 112th congress introduced similar legislation he reached out to us early in the process and been a true leader in helping taos craft and move this legislation forward, helping us provide transparency to the flying public. i ask unanimous consent to enter into the record letters, including from the airline pilots association, a letter from the teamsters, a letter for airlines for america that represents the entire airline industry and a coalition which has included in it flight attendants, machinists and other. a broad spectrum of support on business and labor that supports h.r. 4156. i ask unanimous consent to put those letters into the record. the speaker pro tempore: without objection. mr. shuster: h.r. 4156, the transparent airfares act is a commonsense, bipartisan bill that provides airfare transpair en-- transparency to the flyin

rick, hang on one second here. we've got some breaking news. herbalife is now responding to bill ackman's latest accusation that the company's a pyramid scheme. scott wapner has that now. >> after bill ackman's two-plus-hour presentation in midtown manhattan, one followed by herbalife's stock now having one of its best days ever certainly in six years. herbalife says in part, "once again, bill ackman has overpromised and underdelivered on his $1 billion bet against our company. after spending $50 million two years and tens of thousands of man hours, bill ackman further demonstrated today that the facts are on our side." they go on to say, among other things, "we recognize that he is running out of time to make good on his bad bet against herbalife. today is evidence that bill ackman will not succeed." so, these the first comments now from herbalife itself following bill ackman's presentation in midtown manhattan. the most notable news today arguably what's taking place on wall street with herbalife's stock. as you see, shares up more than 19%. it will go down as one of herbalife

bill simon, ceo of walmart u.s. is live here on "squawk alley" a little bit later. >>> speaking of jobs, new data on the labor market moments ago, dow down 150 points. rickago, rick? >> because it comes out late, five after the top of the hour, we've seen decrease in the equity markets and slippage in interest rates already at much lower levels than we have in the last several days. why? because the may job openings and labor turnover, first of all, increased 171,000 job openings to a grand total of 4.36 5 million. wow, let's do forensics. that's the high water mark now. today's number usurps march of 2007. it is the high water mark on job openings and labor turnovers. intrinsics are bullish. first time since 2007 you had four numbers in a row over 4 million. no matter how you slice it, this number slows some horsepower to it, so we need to find out what's so discriminating these days about the fixed income markets that's globing on to the notion that interest rates can't go higher, and that's what we talk about for the rest of the day. back to you. >> all right, rick, thank you so much, rick santelli. >>> in a year when luxury auto sales are up 4%, ther

think it's unfair to them as well. >> and rick santelli, what if she had said, i think long rates are too low right now? >> well, wouldn't that be amazing? listen, bill, i think you actually ought to get the prize. but what i see here is a correction in kind of covert terms as to the issue you raised last time, that saying that the stock market isn't overly valued and then to have this presented the way it was i think was basically a way to create a retraction. as to what the fed should and shouldn't say, i will just say that back in the day when we had real free markets, that price discovery is what makes a free market, not price pegging. what they should and shouldn't say? i will just say this, that when you indiscriminately spray the fire hose everywhere, i think it's kind of silly to say that the pot of german yums, fourth down in the eighth row, second from the back shouldn't be getting as much water as the rest. >> especially, michael block, when you consider -- >> well said. >> -- valuations are really subjective, aren't they? they're in the eyes of the beholder. >> yeah. >> it's overvalued compared to what, right? >> and that's really what th

pass an immigration bill that lets people come here to take the jobs that americans don't want on one hand, create the businesses that we need created here on the other. >> governor rick perry of texas is sending a thousand troops to the texas border because the president is not doing what he should be doing. what do you think? >> well, i don't know. it's hard to understand how you control a border as long as it is. i do agree that we should be in control of our border. i don't think we have an obligation to take people from other parts of the world because they don't like where they are or aren't doing well. we should take people into this country that we want to help our existing citizens and our existing businesses and create new businesses. but the politics of it are difficult and the practicality of it is particularly difficult. everybody says sends 50,000 kids home. where? they don't have passports. we don't know where they come from. a lot of them don't remember. they're very young and don't remember their last name. certainly can't tell you what town they came from. the practical aspects of solving this problem are not easy. i don't know that i think the state

bill hemmer. a texas democrat is warning the decision to stay away from the border could become president obama's katrina moment. as governor rick perry agrees to a meeting rater today with the president but that meeting is in dallas. that is hundreds of miles from the border where thousands of children are crossing illegally. a bit earlier last hour oklahoma congressman jim bride den stein, told us why he believes this crisis is the direct result of the administration's fail ture to first secure the border. >> you can't tell me the border is secure when 10-year-olds are streaming across it. but some of the stories are abuse and human trafficking. the story of these kids coming here is tragic. interestingly it is direct result of having an open border on the south side of our country and direct result of the president advertising to the world he would like to give you citizenship if you're in our country i will really. martha: jonah goal berg, "national review on-line." >> hello, martha. martha: a lot of talk about is this president obama's hurricane katrina. people remember president bush flying over katrina in initial days, lo

bill. follow his reporting that cq.com cq.com. tonight, president obama talks to reporters after discussing border issues with rick perry of texas. then a hearing on efforts to protect of the border and stop the influx of unaccompanied children. later, a discussion on how funds requested by the white house would be used for issues at the border. president obama met with texas governor rick perry and community leaders to discuss the influx of unaccompanied americarom central crossing the border. following that meeting, he spoke to reporters. this is 25 minutes. >> hello, everybody. just had a good meeting with governor perry. local officials and state leaders. steps we havethe taken and that we need to take to address the humanitarian situation on the border. i want to thank everybody who has been involved for taking the time to talk to me. the surge of immigrants is arriving at one side of the border. the rio grande number. the issue is not that they are vading our efforts. we are detaining them in large numbers. we need to care for unaccompanied children with the care and capacity they deserve. we intend to do the right thing by

bill that passed out of my committee, putting that as a provision so that finally we can get this thing done. >> and with democrats suddenly on defense on immigration, republicans, including texas governor ricky, are trying to take advantage. >> it could have been stopped years ago had the administration listened, had the administration been focused on the border. time after time you see a response from this administration that says, you know what, we're really not that interested in the southern border of the united states. >> i'm happy he didn't demonize the children. but there is a demonization that goes on. louis gomert from texas who hasn't ever seen an immigrant that he didn't think brings a disease to this country and went on the house floor to compare the invasion of children into our incursion to mexico to seek out poncho via. >> over the weekend maryland became the latest state to say not in my backyard. the federal government has decided not to use a vacant army reserve building to temporarily house undocumented children after state officials objected. >> the bottom line is the community doesn't want it, the representatives from congress don't want it, the department of health and

meeting with texas governor rick perry about growing humanitarian crisis at the border, president obama is asking for his help in urging immediate action on his emergency aid billpriced california call girl accused of killing a google executive. police say she injected him with a lethal dose of heroin then left him alone on his yacht to die. >> and we should find out today where lebron james plays. james met with miami heat officials yesterday for the first time since opting out of his contract. but sources say he is still not made a decision. those are some of the top stories on this thursday, july 10th. >> announcer: from abc news, this is "world news now." >>> so, we actually are going to begin this half-hour with a horrific mass shooting near houston. six members of the same family killed including four children. >> the suspect taken into custody after a three-hour standoff identified as the children's father. 15-year-old daughter survived the rampage. she was shot in the head but managed to call police to the scene. their neighbors who live along the cul-de-sac are in shock. >> i was pretty freaked out. nothing ever happens. i wasn't expecting it at all. a

bill that would ban magazines containing more than 10 rounds. >> up to 1,000 national guard troops will soon head to texas' border with mexico. governor rickry is ordering the move, saying the border patrol has been overwhelmed dealing with undocumented children and needs help stopping real criminals. >> our citizens are under assault and little children from central america are detained in squall lower. that is why today i am using my check authority as the accident governor and activating the national guard. >> drug busts along the mexican border have dropped significantly in the past year. some adjustment government officials want to know the story behind the fall off. >> it is a startling correlation as the number of undocumented children hitting would border has soared, the number of drug busts has plummeted. the most recent data from the d.e.a. shows seizures of cocaine, marijuana, heroin and met amethamphetamine are down. they won't say why seizures of falling, but governor rick perry suggest the current wave of undocumented immigrants is to blame, saying the border patrol is stretched too then, agents are distracted and that the dr

bill, i do want to say thank you, by the way, to everybody at cnbc. you guys are all amazing people out there. >> you know wrb even -- >> and santelli, right? >> even rick santelli who is a marvelous guy, regardless of what he and i talk about on the air. >> we appreciate joran sights as always, jack. we love having you on the program. everybody have a great holiday weekend. thank you. we'll see what the numbers bring in tomorrow when the jobs numbers come out. >> thank you for joining us this afternoon. we've got 50 minutes to go until the closed bell. tight trading range i think as our producers mentioned. it's the tightest trading range we've had all year. but the s&p 500 in the midst of all that still trying to stay positive and is doing so slightly at the moment while the nasdaq is off about had poin4 p. >> builders ceo tells us if he's seeing more jobs available these days and if search times are shorter than they used to be, that's coming up. it would be critical to watch. >> you now, constellation brands ceo is speaking to us about the $5.3 billion deal it has to distribute corona and other mexican beers in the u.s. find out if it's paying off.

bill: attorney general eric holder say critics of president are motivated because he is african-american. we'll have republican senator rob portman out of ohio. martha: struggling to handle thousands of illegal immigrants. texas governor rickis asking president obama to send in the national guard with you would that make any difference? today his doctor has him on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack be sure to talk to your doctor before you begin an aspirin regimen. >>> fox news news alert. a mysterious smell is sending people packing in a suburbs. they found high numbers of the a gas that was also used during the nazis era. new investigators are blaming the organic compound found in sump pumps for the order. overseas now, hamas is launches unmanned drones as the fight intensifie intensifies. this is brand new video showing the grown stri-- drone -- in thr there. good morning. i am martha maccallum. >> and i am bill hemmer. militants fired nearly a thousands rockets into israel and now hamas is taking it to a new level using drones. david lee miller is live in israel. what did he know about the drones, david lee? >> reporter: we just received word as i speak to you r

. >> hey, rick, for some reason, i thought of you when i saw those budget deficit numbers came over the wires just a short time ago. >> i'm glad you did, bill! >> yeah, i know. >> i'm glad, because you know what? everybody's crazy! okay? here's the analogy. a family of four has a dozen credit cards that are maxed out and they put them in the bureau drawer. that's our $17.6 trillion debt. on their new credit card, they're way below their limit. that's the united states of america right now. yes, it's a great improvement. we had '08, '09, 2010, over $1 trillion deficit. now they're getting in line with where they were in the bush administration going back. definitely a huge improvement. but the fact of the matter is, until it goes into surplus, the tail we're dragging along, which is approaching $18 trillion, is not getting smaller, and the office of management and budget and the cbo both agree on one thing, once we hit around 2017, it all goes back the other way. >> so, i mean, you don't buy the notion that you can only turn the ship slowly, you can't turn it on a dime? i mean, we are improving, though? >> oh, no, i agree it's an improveme i