my special guest is bob brown who is the president of the bond group at fidelity.ge. bob, welcome. good to have you with us. >> thank you. >> let's talk about what happened yesterday and that is of course the fed decision, number one, and the fed commentary, number two. how do you interpret that and then apply that in what you're doing at your portfolios? >> so for me there are two key takeaways. the tone of the statement with respect to essentially the downgrade of gdp forecast of basis points for 2012-2015 and the forecast for basis points for 2012 and that the fed stands ready to expand their balance sheet if economic conditions do not improve. for our funds we've had -- >> is that like waving an all clear flag for investors who put money in and the biggest risk is rising inflation and rising interest rates. what you seem to be saying to me is the fed has taken that completely off the table. >> we are not investing for rise in rates any time soon so i look out two to three quarters from that perspective unless economic conditions improve. we view bonds as a safe

." >> in place of fred francis nbc sends correspondent don harris, cameraman bob brown, producer bobcover the story. >> we were at the san francisco airport in a room and it was don harris, bob brown -- you will never meet up with another man like jim jones. i'm telling you the truth. and you know, you -- i'm just saying -- >> are you ready for us to roll. we're going to go ahead and roll. i'm asking her. are you aware we're rolling? >> no. i just want to tell you right now. i'm telling you, you say there's a lot of this and you can't believe that. i'm telling you, you have never met up with a man like jim jones. in the middle of the interview i said i want you to know, there's a possibility you could get killed down there. the next thing i know is the cameras were shut down and they said we don't want to talk about that. and i said, okay, whatever. you know. >> five days later, congressman ryan heads off to guyana, with the nbc crew, his assistant jackie speier, print reporters tim ryderman and charles krause, photographer greg robinson and more than a dozen concerned relatives. >>

bob brown has married once again. he was married to whitney houston for 15 years. he got married in honolulu. some of his children were at the wedding. they're not on good terms. not bald what has erupted once again -- mount baldwin has erupted once again. he punched a photographer. he was surrounded by photographers when it went to get a wedding license. he said the photographer almost hit him in the face with a camera. police are now investigating. >> now traffic pulse 11 and insta-weather plus together. >> that closure at the bay bridge and key bridge stan mentioned. it will take about 40 minutes for the closure at the bay bridge and about 20 minutes at the key bridge at 3:15. we have a pretty slow go on the west side, 19 miles per hour beginning at 140 down towards 70. that stretches to the owings mills area down to the beltway. southbound york road, the right lane is closed with a crash. this involves an overturned garbage truck in the total vote on the east side. in columbia, twin rivers road, an accident clearing. here's a quick live look at traffic. an upda

now that tv station was fox 5, kwame brown was invited on to the set that night to talk about harry thomas' guilty plea. and he talked on the set with our fox 5's bob barnard. this is what kwame brown had to say. >> this is stunning. it's stunning. this is a situation in which you clearly would not want to be in. this is a great city. his family had a legacy in ward 5 and i'm disappointed. >> that was january 5, 2012. ron said today that he was very disappointed that kwame brown traded away his principles for personal gain. brian, back to you. >> brown faces 0 to 6 months realistically on the federal charge. do you think the punishment fits the crime here in here's what you are seeing on facebook. a little lee way. he at least pleaded guilty and resigned his council seat. i have difficulty seeing him, brown, as a devil. kate doesn't agree . they play by their own rules. that brings us to our next point. does this along with the other recent scandals have an impact on d.c.'s fight for voting rights? d.c. delegate joins us now to weigh in on this issue. and delegate norton, it is a great point. how are outsiders in particular expected to separate the

fox 5's bob barnard with our coverage. >> just yesterday kwame brown was telling us he had no plans to resign, but tonight facing a felony charge following a lengthy federal criminal investigation kwame brown slammed the door on his once meteoric political career. disgraced d.c. council chairman kwame brown was swarmed by reporters and photographers leaving his office in the wilson building late today. >> i will have a comment tomorrow, thank you. no comment as of now. >> about four hours later the embattled 41-year-old d.c. council chairman resigned from office. in a letter to the council secretary, brown writes, "i hereby resign my position as chairman of the council effective immediately. i have made some very serious mistakes in judgment for which i will take full responsibility. i have chosen the only honorable course in submitting my resignation at this time." >> well, i'm extremely saddened. i don't even want to sort of characterize it that's how badly i feel. >> now charged with a felony, one count bank fraud, the charging document called a criminal information essentially mean

bob. >> good to be here. >>> chairman of dc council abruptly resigns and kwame brown pleads guilty in court. we will talk live with councilmember tommy wells and an expert attorney about the case. we will be right back  >> i want to apologize from the bottom of my heart. >>> to all those that i have let down, to the people of this great city, my neighbors and friends, the mayor, my council colleagues. >>> former dc council kwame brown giving an emotional apology outside federal court friday. he is the second city official to resign joining us former council. >>> it has been since friday since we saw kwame brown but tough for you to hear him saying those words. >> it is. there is a very human side to this and someone i served with has stepped down, lost his job, impacted his family. you know we are a city that we are a small city we all know each other. there is sadness we lated to that, but a crisis with ethics with our government and we will have to move forward and fix that. >>> what are somethings that i thought was interesting he was very apologetic first and then he came back

a year later, bob mcdonnell, a republican, became governor of virginia. in 2010, scott brown became senator in massachusetts. november 2010, republicans won control of the u.s. house. this week, republican gov. scott walker survived efforts to kick him out of office. he cut benefits for teachers and government workers, but he also turned a deficit into a surplus. does his win spell trouble for president obama in november. is this a scott brown moment for democrats, evan? >> i don't think so. there is a deeper underlying issue here, how we spend public money. there is a growing feeling that too much has gone to the pensions and public employee unions. that could hurt obama if he gets on the wrong side of it, but it is is a little bit separate from the candidacy. >> charles? >> evan is exactly right. it is being somewhat over read for its effect on the presidential election. it might have an effect in wisconsin, although obama won it by so much in 2008 that it is unclear that republicans could get the swing to get it back. it is the growth of the public employee unions, swallow

and there was the faintest suggestion of bobbing up and down from the diamond jubilee queen. >> brownday, there was a different kind of cloud over the festivities, as queen elizabeth's husband, prince phillip, fell ill. andy davies of "independent television news" has the story. >> reporter: as a former admiral of the fleet and a midshipman who saw active service during the second world with a the duke of edinboro was clearly in his element yesterday aboard the royal barge. but for a man who is nearly 91 years old, it was a long day. for at least three hours yesterday afternoon, he watched the pageant before him standing for much of it as the rain dripped from the canopy above him. the duke was taken this afternoon from windsor castle to this central london hospital. he developed a bladder infection, said a spokesman from buckingham palace. just a precautionary measure for observation but it leave the queen without him by her side during tomorrow's carriage procession, balconiy appearance answer vis of thanksgiving at st. paul's. the diamond jubilee's grand finale. it's cast something

we'll talk to her live in studio in a moment, but first fox 5's bob barnard has read the resignation letter and has brown's final words as a councilman. >> in the letter addressed to the d.c. council secretary kwame brown writes and i quote, "i hereby resign my position as chairman of the council effective immediately. i have made some very serious mistakes in judgment for which i will take if you responsibility. i have chosen the only honorable course in submitting my resignation at this time." >> would you all please just clear a path. this is a public hall. >> he's a man under fire, d.c. council chairman kwame brown here leaving his wilson building office late today chaned with a felony, one count -- charged with a felony, one count of bank fraud the charging document called the criminal information essentially means brown is planning to plead guilty. >> i'll have a comment tomorrow. thank you. no comment as of now. i appreciate you were waiting in the hallway all this time. >> prosecutors allege brown overstated his income by tens of thousands of dollars on an cage for a home equity loan over six years

browning does not look like drowning. the splashing, waving and yelling is rarely seen in real life. instead, there is no drama. her head bobs slowly up and down with her mouth above water, then below. her arms pushing down trying to lift up out of the water. time is of the essence >> especially when they're little, there is no sound. >> the best protection at any age is knowing how to swim >> safe in the water >> >> to kids were in pool all day long and it was reassuring to know they were pretty confident in the water >> still, she says having a child in the pool means lots of watching. a lifeguard makes it safer but nobody will watch your child as closely as you will. this does not mean that someone who is yelling for help and waving their arms is not in real ouble. experts say if they can do that, they can assist in a rescue, grab a lifeline. somebody was drowning cannot help themselves. watching your child means no distractions, no reading or detecting or talking on the phone. >> a especially with all those kids in the public swimming pools. >> reading your in box of junk mail could backfire. how you could easily get tra

bob: how will they know? what is the reasonable suspicion for someone speeding; because they're brown?kimberly: not true. if someone is going in excess of the speed limit that will alert an officer to probable cause. they pull them over. if they are there or they see drugs in the car or a weapon in the car. if someone is unable to produce identification to say who they are, they might have cause at that point to say can you tell me -- >> bob: you can't have cause because somebody speeds to think they're illegal. >> dana: it's sequential. it's not at the same time. you pull somebody over and then -- just like for, say you are driving too slowly down the road, rather than speeding. the cop pulls you over. >> kimberly: that happened to dana. >> dana: that is a sign of people driving drunk usually. right? yeah! >> bob: drunk people -- >> dana: so they pull you over because you're driving too slowly or quickly or erratically. after that, they pull you over and they might have a -- hey, i think we need to give you a breathalyzer test. you weren't pull over to be given a breathalyzer test. yo

bob brady. who else was he too busy. >> i might go up into it. thank you, judith brown. is the second most important election of the year after the presidential election. there's so much. le. hmmm. for half the calories plus veggie nutrition. could've had a v8. with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing skin or eyes. tell your doctor

. >> bob: but for jan brewer say it's politics who started biggest political action. if you go 6 miles per hour over in arizona if you're brownt stopped. if you're going 30 miles per hour and white you get passed. >> greg: whatever. there is a weird reversal. jan brewer become the president of embattled country. mexico is governor. >> andrea: we have more on that this week on "the five." don't miss it. coming up, a ton of buzz, rumors and chatter about marco rubio. as vice president. sean hannity asked mitt romney point blank. we will show you what he said next. dana perino is on it. ♪ ♪ but they can be really well thexpensive.ted a puppy, so to save money i just found them a possum. dad, i think he's dead. probably just playin' possum. sfx: possum hisses there he is. there's an easier way to save. geico. fifteen minutes could save you fifteen percent or more on car insurance. mcallen, texas. in here, heavy rental equipment in the middle of nowhere, is always headed somewhere. to give it a sense of direction, at&t created a mobile asset solution to protect and track everything. so every piece of equipment nows where it is, ho

as terrel brown reports, the two riders that exposed the white house connection or looking back on the biggest story of their careers. >> bobard and carl bernstein were young on no washington writers the day that they were all to cover a burglary at the watergate complex in washington in 1972. they remember the moment they realize how big a story would be. eight weeks after five men had broken into the democratic headquarters at watergate. with old-fashioned investigative reporting they tied the break into the white house and the reelection campaign of richard nixon. sunday they look back at the story on face the nation, and washington post article. their first joint byline in the paper in 36 years. >> what we found is that his white house became, to a remarkable extent, a criminal enterprise what we have never had in our industry. >> people need to know if there president is o'clock ... >> nixon denied any part in the scandal. >> i neither took part in, or knew about the subsequent activities. >> but his own audiotapes caught him discussing hush money. >> that is what began a kind of unraveling of watergate and the unravel

brown, has his day in court. a look ahead coming up. >> adam caskey in the belfort furniture weather center your beautiful day today. he is returning. [ male announcer ] olympic tennis players bob and mike bryan do a lot of sending... and receiving. sending...and receiving. sending...and receiving. sending...and receiving. sending...and receiving. [ bob ] i got the tickets. [ male announcer ] and with citibank popmoney it's even easier to keep sending.....and receiving. let me get you back. no, it's on me. i insist no way. yes way. well let me chip in. [ male announcer ] send money from one bank account to another, with citibank popmoney. easier banking. every step of the way. >> live and in hd, this is "good morning washington" -- on your side. >> straight ahead new developments in the latest kindle involving a d.c. city council. former councilman, kwame brown heads to court for his expected charges. good morning to you. it is friday, cynne simpson june 8. i cynne. >> i am steve chenevey. lisa baden we will lisa baden in just a minute the first up is adam caskey. >> sunshine to the weekend. warming up out there. we are easing into the heat and humidity gradually. today, we wil

brown hurt in a bar fight. >> plus. >> reporter: it's a record breaking 24 hour lacrosse marathon, goes till 9:00 tomorrow morning and all for a good cause. i'm bobarnard in townsend, maryland, the story in a bit. >>> you're paying less at the pump but that is about it, consumer prices falling today by the biggest amount in more than three years giving shoppers a bit of leaf. but take away those energy -- relief, but take away those energy costs and prices of everything else is rising, maybe that is why the dollar stores are seeing more green hitting all time highs as cash strapped shoppers flock to bargain stores. meanwhile modern rates on the rise a little, the 30 year fixed rate ticking up for the first time in nearly two months but still ridiculously low, in fact, near historical lows and nokia hanging up on more workers cutting up to 10,000 jobs worldwide, 20% of its workforce. nokia is falling way behind competitors in the smartphone market. that's business. i'm neil cavuto.   this fox 5 stock market report is brought to you by your lexus dealer. live life heroically. [ female announcer ] with xfinity, you can alw

bob costas -- >> i say that i am innocent of those charges. >> reporter: also testifying, the father of key prosecution witness mike mcqueer ry. >>> the dc council tapped phil mendelssohn as the new chairman. he replaces kwame brown, who pled guilty to felony bank fraud and resigned. he was elected by an 11-1 vote. he'll serve until a special election held in november. the council has lost two members to criminal convictions this year. mendelssohn says he wants the counselle to become an institution people can trust. >>> don't be confused if you see a new metro station. it's not a new station, just a new station name. from now on, the station that had been known as new york avenue, florida avenue, gallaudet u, will be called no-ma gallaudet. it's short for north of massachusetts. both names will be on the signage for about a year to help in the transition. >>> the humidity did a disappearing act on us today. it felt like a great day out there. veronica johnson has your first photograph. >> hey there, guys, an energizing kind of day for us, right? we have the pretty blue sky, the dry air moved in. so just some high clouds as we take a look around the area right now. some high clouds. we've got mostly sunny conditi

council chairman kwame brown resigned from office, but june 6th, 2012 was officially julian clement chase day in the district of columbia. why you ask and who is he? fox 5's bob barnard explains. >> reporter: julian clement chase was born and raised in the district, a 2008 graduate of wilson high school, a 22- year-old marine sergeant on his second tour of duty in afghanistan killed during combat operations in helmand province on memorial day. rial >> he was an exceptional kid and i know of one will say he's sorely missed. he will be sorely missed and i hope he'll be remembered. >> reporter: julian clement chase grew up here on oak street in columbia heights. >> as a child he was very active. as a teenager he was very dear. >> reporter: his closest neighbors attended julian's funeral wednesday. >> it was a large funeral. it was a lot of respect shown and love shown to the family for this young man that gave his life for our country, something that he loved. >> he wanted to go in the marine corps at an early age and now he's gone. >> reporter: ellen banard lives next-door to julian's mother. he was her only child. >> every christmas julian would ring my bell,

. >>> as terrell brown report, the two reporters who broke the story say that watergate was only part of the story. >>> boboung reporters when they were called to cover a burglary at the watergate complex in washington in 1972. they still remember the moment they realized how big the story would be. >> we would have coffee every morning off the newsroom floor, put a dime which it cost in those days in the machine and i felt this chill go down my back. i said to woodward, oh, my god, this president is going to be impeached. >> it was eight weeks after five men had broken into the democratic headquarters at watergate. with some old-fashioned investigative reporting, woodward and bernstein tied the break-in to the white house and richard nixon's reelection campaign. they talk about it on the face the nation and in a washington post article. their first joint by line in 36 years. >> what we found is that his white house became to a remarkable extent a criminal enterprise such as we've never had in our history. >> people have got to know whether their president is a crook. well, i'm not a crook. >> nixon repeat

bob ehrlich who lost to martin o'malley. >>> this is phil mendelson's first full day as chairman of the d.c. city council. after a lengthy discussion yesterday, mendelson was elected unanimously by his colleagues to replace kwame brown who resigned and pleaded guilty to criminal charges last week. mendelson will serve as the district's second iest local e- - highest local elect official till an election in november. independent at large councilman michael brown was elected as interim pro tem second in command to the chairman. >>> the time right now is 5:05. i am watching your money. red arrows around the world this morning and it's all about the health of european economies again. higher interest rates in spain and italy signaling that investors really don't have much faith that those countries with repay their debt. there are reports greeks are withdrawing a billion dollars a day from banks ahead of this weekend's elections which could force the country on the of the euro currency. as for wall street losing grounds on those concerns again and news that retail sales fell for a second straight month in may. checking the numbers, the dow starts today at 12,496. it slid 77 points in trade yesterday. nasdaq off by 24 an

chris brown is coming up next. [ male announcer ] olympic tennis players bob and mike bryan do a lotng. sending...and receiving. sending...and receiving. sending...and receiving. sending...and receiving. [ bob ] i got the tickets. [ male announcer ] and with citibank popmoney, it's even easier to keep sending...and receiving. let me get you back. no, it's on me. i insist. no way. yes way. well let me chip in. [ male announcer ] send money from one bank account to another, with citibank popmoney. easier banking. every step of the way. >>> the "toyota concert series on today" brought to you by toyota. >> we have had people lined up for this concert since thursday. so we don't want to keep them waiting anymore. performing one of his biggest hits, forever, ladies and gentlemen, chris brown. ♪ forever ♪ forever ♪ forever ♪ one two three four ♪ everybody put your hands up everybody put your hands up ♪ ♪ hey hey it's you and me ♪ ♪ moving at the speed of light into eternity ♪ ♪ tonight is the night to join me in the middle of ♪ ♪ feel the melody and the rhythm of the music around you around

brown. money does not ensure victory, but how objescene we have reach this stage that both candidates have to raise this much money in order to be competitive. >> bob schieffer, thank you. this sunday bob with talk with scott walker after winning the re-election. new details this sunday on watergate on "face the nation". >>> u.n. observers in syria are trying again to reach the site of the latest reported massacre. those monitors say they were shot at yesterday. no one was injured. >> essential u.n. envoy kofi annan meets with secretary of state hillary clinton who says syria's president resigns. as elizabeth reports on the phone from syria this morning. >> reporter: u.n. trying to reach the village a surge. 11 u.n. vehicles are going to travel into the village from various directions. they say they have never mounted such a big operation before, but they have also never since this mission began had their freedom of movement so completely blocked by the syrian authorities. several u.n. teams tried to reach the scene of the alleged massacre yesterday. they were delayed, sometimes for hours at military checkpoints. and those observer teams that did g