thee top 1% make 27 to eight times more than the bottom 99%. the average income of the top 1e is 1.5 million. the average income of the bottom 99%, about $54,000. go ahead, zach. >> caller: good morning.g. our youth? >> host: good. go ahead. >> caller: thank you for taking my calls. a lot of interesting points so far. i would say buddy ago i recently dropped out income level the past two years were around 40,000 recently i was deciding to get into a field and other things that paid less. it's interesting to see the difference. i remember, i think the nation was when they're starting with you. so many expenses but i remember being in a really low income at the age of like 17, 18. doing whatever i can to save money. i was making nine, $10 an hourm from 17-21 when i got promoted in management. by the top of made a lot of sacrifices so i hadn't enoughav saved to buy a real first cheap house and a lot of people my age really were like no way, i would never do that, too expensive. but realistically it was so cheap to do so i owned it for about four o

we are spending more than ever on those at the bottom. this slide indicates expenditures in 1996 and 2011. those were the years that are emphasized in the eden and schafer work. in their work, they say that welfare is dead. by that, they mean there isn't much being spent on welfare. well, if you take a look at these numbers, you see that we used to have a bunch of $20 billion programs. now snap is three times that big. ssi has doubled. unemployment insurance at the time they were looking was more than four times as big as it was in the earlier years. the eitc has more than doubled. i didn't put down numbers for the child tax credit, or medicaid. child tax credit went from about zero to $30 billion. medicaid went from about $150 billion to $300 billion. i think it is fair to say that the reports of the death of welfare are greatly exaggerated. when the popular press, and even my academic colleagues, look at poverty, they tend to measure income. to measure income, we rely on the current population survey or cps, or the survey of program par

at the bottom, it went up by 50%. leveled off around 2008 and it is at 50% higher than what it was in 1990, when welfare reform at state level was getting started. we see clear evidence that those at the bottom are not being left behind. there is strong evidence that the numbers that they relied on are probably wrong. when i showed you is consistent with evidence from other sources. if you look at the biggest expenditure of households, housing, you can do that with the american housing survey. if you look at the bottom 20% of single mothers, which is a group well below the poverty line, their living unit has more rooms, or square feet, more bedrooms and more likely that their conditioning and other appliances than it did when welfare reform was passed. leaks and peeling paint are down. we see that living conditions in very clear objective measures show that those at the bottom are doing better than they were when welfare reform was passed. what are the problems with the income data i am telling you to dismiss? well, i

so you had to make sure you had enough room in the bottom of the canal and the bottom of your boat and we have little creeks that run into the canal and they bring in sediment that ends up causing sandbars or just making it hard for us to maintain that six feet. in the winter months when we close down there are no boats running and we would drain out certain seks of the canal and we would use a good old shovel and go ahead and dig out the dirt that was in there so we could keep it at the minimum of six feet deep. once we finally got the maintenance all done, we would go ahead and let water back in and how we would do that is we couldn't use the potomac, but it's a good water source so we would have locks called inlet locks and it was a two-part system and the inlet locks connect right to the potomac river and there is a dam connected to those inlet locks. so we'd allow the water from the potomac to rush into the canal and we'd have a backup source of water just in case we had problems with the potomac river. and only the first 22 miles of the canal nowadays has water and then it gets v

they are investing for the triple bottom line. see that happening? what are the forces that will drive this? >> we are confronting undeniable when.

and one doesn't know where the bottom is. it's hard to imagine anyone who has ever run to be president of the united states saying any of what he said, and the accumulation of it all is just beyond my comprehension.

these things go up and down quickly. >> i think they found a bottom. and. >> the ones we mentioned have found a bottom. >> look at the cash in their balance sheets. we know they're not getting the growth multiple and they've lost it, but to say these companies just add up the sum of the part, add up their intellectual property. that's a a buy. >> still ahead, disney is set to report next week and traders are betting on a big move. how you can make money if it goes up or down. you're watching "fast money" on cnbc. here's what else is coming up on fast. >> the opening ceremonies in rio are just hours away. and "fast money" is finding stocks that will capture the gold. and hopefully will do better than that. plus, that's what tech stocks are doing. but if you miss the move, we'll tell you the one stock that could join the action when "fast money" returns. >>> welcome back. the highly anticipated opening ceremony for the olympic games in rio, just a little over an hour and a half away. 10,000 athletes are set to compete, so what's the mood there? making hi

you had to make sure you had enough room in between the bottom of the canal and the bottom of your boat. obviously we have little creeks that run into the canal, and they bring in sediment. that ends up causing sand bars or just kind of making it hard for us to maintain that six feet, so in the winter months when we closed down, there was no boats running. we would go ahead and drain out certain sections of the canal so that we would be able to use a good old shovel and go ahead and dig out that -- the dirt that was in there so that we could get it at that minimum of six feet deep. once we finally got the maintenance all done, we would go ahead and let water back in and how we would do that is we couldn't use the potomac, but it's a good water source. we would have locks that are called inlet lox, and it was a two-part system so the inlet locks connect right to the potomac river, and there is also a dam that's connected to the locks, so we go ahead and allow the water from the potomac to rush into the canal, and then we would have a backup source of water just in case we had problems wi

so here's the bottom line.mmer's had a huge run, but a lot of the move reflects that the company has gotten back on track after its biomed acquisition got delayed. it is improving, it is the only part of health care that remains in favor. i say, what's not to like! stick with cramer. can a othpaste do everhi well is clean was lik- pow. itelt like i had jt goneot. itust ki oke, ped evythi cle my tee arelong. they look eat.ped evythi cle theest 6x clning. ong. whitg. and at two w, superior sensitivli to the leading sensivity tootaste. al reay like the tsteps! sensitivli est hdp 1 cleans, step 2 whit it's the ole package. no one' dohis. crhealthy, beaiful smiles forife. it's the ole package. no one' dohis. mary buys a little lamb. it's the ole package. no one' dohis. one of mils of oers on this company servers.acceible b upiers a empyees obalal but yber threats upiers a empyees on tise, ma's data uld bender with the help of at&t, anserihat t migatecybethres, thr ical data is s ansethver.t ging tmop &ecure.o be cau

we are spending more than ever on those at the bottom. this slide indicates expenditures in 1996 and 2011. those were the years that are andasized and be eden schafer work. they say welfare is dead. by that they mean there isn't much being spent on welfare. well, if you take a look at these numbers, you see that we used to have a bunch of $20 billion programs. now snap is three times that big. ssi has doubled. unemployment insurance at the time they were looking is more than four times as big as it was in the earlier years. i didn't put down numbers for the child tax credit, or credit onehild tax from zero to $30 billion. medicaid went from about one and your $50 billion to $300 billion. to $50 billion -- the death of welfare is greatly exaggerated. press and evenr my academic colleagues look at poverty they can to look at income. income we rely on the current population survey or cps, or the survey of program participation. the cps is the source of our official party numbers. the other is the source of the data used by eden and schafer.

so here's the bottom line. sure zimmer's had a huge run, but a lot of the move reflects that the company has gotten back on track after its biomed acquisition got delayed. it is improving, it is the only part of health care that remains in favor. i say, what's not to like! stick with cramer. someone's hacked all our technology. technology... say, have you seen all the amazing technology in geico's mobile app? mobile app? look. electronic id cards, emergency roadside service, yep, geico's mobile app works like a charm. geico. expect great savings and a whole lot more. h. heartburn. sorry ma'am. no burning here. try new alka-seltzer heartburn relief gummies. they don't taste chalky and work fast. mmmm. incredible. can i try? she doesn't have heartburn. new alka seltzer heartburn relief gummies. enjoy the relief. how can this have been washed 12 weeks ago and still smell like springtime? unstopables in-wash scent boosters. toss it in before your clothes for luxurious scent up to 12 weeks. unstopables by downy. >>>

at the bottom of your screen, you'll also see your seven-day forecast.the boardwalk in rehoboth beach, the dry side. but we have thunderstorms out there, some of which are fairly strong across the area. even potentially some severe thunderstorms across the area right now. mainly moving into lower parts of montgomery county, and chester county. so here's a look at the radar. we have a severe thunderstorm warning for chester county, parts of lower montgomery county. that is moving in the direction of philadelphia and will be there in the next 30 minutes or so. so the radar here kind of showing you a time lapse of what's been going on with this storm. with this afternoon, any strong to severe thunderstorms we have could be producing damaging winds near 60 miles an hour. heavy rain, lightning be. and we are seeing the potential for hail in some of these storms. we've seen seen indications of golf ball-sized hail. this severe thunderstorm warning for chester county, parts of montgomery county, heading towards philadelphia, damaging winds, heavy rain, lightnin

bottom of the 2nd... denardn drives in the first two-run the game... with a two-out single >>> baumgardner was on the hill for the giants, bottom of the second inning, he struggled in the first half but second-half he is doing well, driving in the first two runs of the game. and the giants are up 2- 2-0, seam in the sixth, striking out davis with the bases loaded to end the inning. striking out eight in seven shutout innings, coming through with a two out, two rbi single, this one scores nunez and gives them the 4-0 lead. brandon bell launches his 14th home run of the year, into the right field seats. the giant go on to win 6-2. and bottom of the sixth, doctors are up 6-3 and josh peterson goes off to make it eight-3, and the giants maintain a one-game edge over los angeles. andrew is getting into the spirits. bottom of the second, coco chris hits off the club - - off the glove, giving them an early 1-0 lead. mariners in the fifth, and aced - - and seattle gets a 2-1 lead. the next batter gets a two-run shot to make it 4-1 and the mariners hang on to w

bottom of the ninth. 4-4 in the series opener. now foul. popped him up. way up in the air. foul ground. len: turner, first five seasons of his career with baltimore and the mets, he was a .260 hitter with 6 4 o.p.s. three seasons with the dodgers. 1-1. i'm sure deep down travis still has pitcher again down the road but he has become a utility pitcher/ pinch runner/pinch hitter /position player. do it all. jim: turner hit 15 home runs last year, by far the most he'd ever hit in a season. this year, he has 24 long balls. len: the 3-1. tried to end it with that swing. 3-2. hoping for extras at the corner tap in cla he challenged him. jim: trying to go down and away. you see where the target was set. didn't really hit his spot. len: he got him! two down. jim: three groundouts and a couple of punchouts. 3-1, 3-2 pretty aggressive with the fastball. adrian gonzalez lines to and we'll head to the 10th. len: welcome back to dodger stadium. extra innings. the left-hander adam liberatore jim: he's not allowed a single home run this year. 36 1/3 innings of work. batting average agains

a key and this is actually a key that was found in the bottom of the canal.e found it when we took over the park, the national park service. it's made out of cast-iron. it's about 10 to 15 pounds. pretty heavy. and this is what our lot keepers would carry around all day, and i'm going to stop talking because it's really hard to yell over the rushing water, okay? this part right here is the slowest part of the filling because the water is almost equalling out so it's not rushing in like what you saw obviously when we first opened the locked doors so it takes longer for the water to slowly equal out. once everything equals out then we have to also open up those gates and make sure we open up the boat and that's when we would start moving. we would have lock keepers that would do that with the wicket doors and they would be the ones in charge of opening up the doors and opening up the wickets and everything like that. so our lock keepers were always in charge of that and they would live in lockhouses kind of like the one that is right here on my right. all right

the second problem i do think there's a problem at the bottom. too many families in deep poverty, too many mothers not able to hold a job and raise their kids at the same time. i was a single parent for many years and it is a very challenging thing as specially if you have allow the education and never had financial support from your family. we need to help the group at the bottom and we are not doing it. we are letting them be poor and sometimes deeply poor at the poverty level and we could do a lot more to improve that but the states, the federal government is not going to be able to do it so the bottom line is we need to go back to more waivers, that is where we got welfare reform in the first place, there were 43 waivers when we passed the welfare reform bill and almost all had to do with work and limiting family size through birth control and other measures so we need to go back to that, we need foreign ways to help families and a lot more work on how to help them advance in the economy. in summary welfare reform is at least a half success,

you can't see anything on the bottom.irst level all you can see his cathedral hill because the buildings at 98-3096 and 3894 other buildings right at the very end of the block next to sanchez block you out for seeing anything out to the east so that means you're not seeing anything from there. then you get to the middle and you run into some huge buildings that 3872, 3866, and 3856, block out anything you're going to see to the east and again you don't see too much. you can see a little bit over them and begin to see the skyline of san francisco. then when you get up at the very top you do see the skyline. you see the downtown area but your view only goes as far as 181 freemont which is one of the two high-rises starting to climb to the sky. anything southeast of that is blocked off by 3876 and 3878, which are very large buildings much higher than this building is going to be. so the incremental increase this building is going to add is going to be very slight. i don't really think it would change the view becae when you

you can't see anything on the bottom.irst level all you can see his cathedral hill because the buildings at 98-3096 and 3894 other buildings right at the very end of the block next to sanchez block you out for seeing anything out to the east so that means you're not seeing anything from there. then you get to the middle and you run into some huge buildings that 3872, 3866, and 3856, block out anything you're going to see to the eastgain you don't see too much. you can see a little bit over them and begin to see the skyline of san francisco. then when you get up at the very top you do see the skyline. you see the downtown area but your view only goes as far as 181 freemont which is one of the two high-rises starting to climb to the sky. anything southeast of that is blocked off by 3876 and 3878, which are very large buildings much higher than this building is going to be. so the incremental increase this building is going to add is going to be very slight. i don't really think it would change the view because when you get

at the bottom there's to do to h you had. it happens at fresh market, dollar general, even winn-dixie. they will give you a free $5 to use on your next visit. that's free money just from looking at the bottom of your receipt, you know? on top of it you can submit it for apps for rebates. free money right there ready for the taking. >> great info. thank you so much, kati. we have the deal of the week in the next hour. >> yes. don't miss it. >> lindsay: it's 7:47. some of the low clouds we've been watching filtering out some of the buildings here in downtown. they're breaking up. sunshine will be out this morning. a dry start to the day. rain chances today are a little lower than yesterday, and i want to stress today absolutely no impact on your weather from our disturbance we're watching closely south of our state. as we look east from pinellas to hillsborough, it looks fabulous. winds are a little breezy out of the east, and those may pick up this week as well. temperatures warming up and we're at 78 in sebring and it's 81 in

it has been an interesting predicted thing at market bottoms. theoes tell you at least insiders, the executives are a little less confident at these valuations levels. julie: interesting. thank you so much. columns.ead mike's this has been an important group this week. short -- shares in nordstrom rising more than 7% after beating second-quarter estimates. america's largest luxury department store chain got a price -- a boost from its off-price rack chain. we have had a number of the large names reporting earnings and i want to bring in robert that, who has held top jobs at ralph lauren and ceo at robert burke associates. when you look at nordstrom as an example, and you see that rack was powering the sales there, what does that tell you about the state of luxury retail, that it was a lower-priced chain doing well? guest: nordstrom has focused on their growth of the rack business. their anniversary sale is something they started years ago and it is to drive that fashion consumer into the store to get a good deal before the season gets going. the

you can't see anything on the bottom.irst level all you can see his cathedral hill because the buildings at 98-3096 and 3894 other buildings right at the very end of the block next to sanchez block you out for seeing anything out to the east so that means you're not seeing anything from there. then you g into some huge buildings that 3872, 3866, and 3856, block out anything you're going to see to the east and again you don't see too much. you can see a little bit over them and begin to see the skyline of san francisco. then when you get up at the very top you do see the skyline. you see the downtown area but your view only goes as far as 181 freemont which is one of the two high-rises starting to climb to the sky. anything southeast of that is blocked off by 3876 and 3878, which are very large buildings much higher than this building is going to be. so the incremental increase this building is going to add is going to be very slight. i don't really think it would change the view because when you get to the top look over t

bottom of the 7th dj lemahieu rips a line drive to the right off the base of the bottom of the wall. one run scores. here comes cave man. here comes the throw. here comes caveman. he slides. he's safe and rockies beat the dodgers 8-1. what does it all mean? the giants are now 1 1/2 games back of the dodgers two games up in the wildcard. >>> yosemite sam alive and well in houston. a's on the road, alexberg wren bergr -- alex ,, >>> monday is in the books. it's all downhill from here. late show with stephen colbert is next. >> we're out of the gate. our next newscast tomorrow morning at 4:30. morning at 4:30. have a good night! ,,,,,,,,,,,,, >> announcer: if you're looking to make more money and take control of your personal and financial future, then get ready, because than merrill, the star of a&e's hit tv show "flip this house," one of the most successful real-estate investors in the country and america's number-one real-estate-investing expert has one heck of an opportunity for you. than is hosting a one-of-a-kind free two-hour real-estate wealth-building workshop where you will le

looks like it made earlier this year, an epic double bottom.t broke out above that down trend here, but to me, this move taking upon on thinking they're going to make an acquisition or do a split. that's why i think you want to look right here. this is applied volatility. the price of options at ibm. 30-day is hitting a 52 week low. it's about 17ish percent. well below the 52-week average. options prices are cheap. if you think tech is going to carry some of these long-term laggards with it, and still down 25%. from its all time high in 2013, you may want to look to the next catalyst for ibm. that's going to be their earnings. in october and you could just buy a call. the options are very cheap like i just said. so when the stock was about 163 today, you could buy the october 160 call, hang about $6.50. 4% of the underlying price. the fact that is in the money. the stock goes x dividend on monday morning. i'm trying to pick a near the -- i'm in the money, but a near participation on the upside and if i get the stock moving well into say the mid

see any differences from the top states in the bottom states? mr. sorens: there is a real movement at the partisan level for criminal justice reform. given that some of these criminal justice variables are so important in terms of their weighting in personal freedom, you will see changes. you have a lot of variety in terms of state response. some states will jump on this criminal justice bandwagon and other states will not. they will try to stay state tough on crime. other states will adopt being smarter on crime. that is the case for some of the conservative states that are going to follow what is happening at oklahoma and even texas, even though it it does quite poorly in terms of personal freedom has been a locus of reform as groups like right on crime try to prove this idea. some conservatives latch on and others say hold off. you have seen an intra-conservative debate on criminal justice that will trickle down into their rankings in terms of the freedom index. mr. sorens: a lot of those reforms take a while to affect the variables. like think o

let's go to the bottom of the 6. indians finally get on the board, base hit to left. going 8th inning, same score. jose ramirez, this kid is unreal. a 2 out, homerun. it is magical in downtown cleveland, everybody. his 10th homer. scary in the 9th. 2 on, 2 out. cody allen gets russell martin for the time out. 71-51. detroit a winner today. friday. the dress rehearsal. they will practice against the bucs down in florida this week. the practice will be in pads. no tackling to the ground on either session. look who is back on the field, josh gordon. gordon had a good practice making several catches. kerry coleman, full today. he is yet to play in a preseason game. coleman said they are being cautious. he is ready to do and ready to play in an nfl game. >> yes, i think it's important having played in the nfl game so i think it's important this week to go and practice against tampa and play in the game and do what i need to do. >> time day of the rio olympics amend some big gold medals to handled out. bringing gold back to cleveland. final in men's be basketball. just 4 mi

. >> bottom line, it is it is all about winning at any cost. she is a multimillionaire and so what is a million between us pals? >> this is a price tag of election. every single election has had gone up time after time. we say this is the most expensive election in presidential history and that just continues to change. and with citizen united and other supreme court ruling it will get worse. you have to compete and do what you need to do. we need campaign finance reform. >> thank you for being here. >> the government is in talks to end an decade conflict. the president will preponderate it to congress before a public debate in october. and human rights groups are saying that the deal is too lenient on former rebels. >>> the white house weighing in on the epi pricing after they tried to change it. liz, has the story. >> reporter: it is rarely where wall street, main street and washington d.c. are riveted. i bring up washington d.c., fox you news, asked josh earnest about this issue. the over priced epipen that people say is too costly. this is

if we look at 1997, that blue bar at the bottom is 71% of spending. in 2015, only 25% of the grant in states also stated maintenance funding. 25% went to went to basic assistance. 7% went to work activity, 17% went to childcare and more than half, 52% went to other things like state atc, college scholarship, child protective services, all valuable and worthy causes but not what we think of as cash assistance. and if we look at the 17% goes to childcare, only 6% goes to families who are receiving the cash assistance. most of it goes to canada's spending. canis spending. we need to continue to look at this. growing up poor has negative long-term consequences for children. we have written about the lasting consequences of child poverty. this is whether you measure it if it's relative or absolute, just looking at the federal poverty level. children growing up in poverty in the united states have poor consequences. children grown into poor families have forced adolescents and adult outcome. the chronic stress of childhood poverty actually alters early brai

it's almost too complicated to believe. >> the bottom bottom of the islip. the town of brookhaven a portion and suffolk county has a portion and another town >> reporter: the legislator explains with three towns and one county all owning a share, it's been decades of passing the buck passing the buck. finally they are working to apply for a joint grant >> but it's like pulling team. >> reporter: no way people could swim here? >> no. no. >> reporter: oil, too, and blue-green algae. the first of several community meetings to su will be held here tonight. from lake ronkokoma, jennifer mclogan, cbs 2 news. >> that lake has a circumference of two miles and experts say it will take decades for the lake to be cleaned up >>> volunteers in obama are pitching in to help animals -- in connecticut are pitching in to help animals when they need it most. a group in southwestern connecticut started an animal ambulance service run by the they respond to everything from fires where animals were rescued to calls for injured hawks. >> animals have always been a very big passio

here's the bottom line. the charts interpreted by robert merino indicate chipotle might be ready to rebound in the near future. the results of my totally unsif tsk twitter poll suggest the same thing. i think it still needs to mark more time just like the prior incidents of other restaurant chains before we can be sure that the turn is real. much more "mad money" ahead including my take on apple. unexpected $14 million tax, what's next for the company? i'm giving you my take. >>> then taser, not just the stungun. police departments everywhere are turning to the new wearable devices so is it time to consider the stock? and the energy sector is up 15% year to date. do you know that's the best performer in the market? i'm digging into the oil and looking for some smart deals that could pay for you to be involved in. i suggest you stick with cramer. it's scary when the lights go out. people get anxious and my office gets flooded with calls. so many things can go wrong. it's my worst nightmare. every second that

last week carter made a big bet on big pharma. >> a nice head and shoulders bottom.k this throws higher. long pfizer and we want to be overweight health care. >> if you wanted to make a bullish bet right now, you could buy is september calls. >> a big earnings miss hurt the shares so what are you doing now. >> we got smoked. meaning really literally up on money and then earnings on disaster. walk away. >> it's informative in a situation when you put a trade on and your thesis was the wrong one as it was here. you lost 48 cents if you hit the bid on that call right now. the stock down $1.50. of course didn't go the way we thought it was. this demonstrates why you want to trade options sometimes. i like health care. i like ibb here. pfizer, not so much. >> moving on, a few weeks back looked at falling crude prices and offered up this trade. >> so today when the hyg was trading above 86, you could buy the august, october 84 calendar paying $1.20 for for that. buying one of the october 84 puts at $1.45, $1.20 is your max risk. so far the decline is crude is yet to hurt t

the well can be very deep, we don't know where the bottom is.d things of that sort still going on. a major construction cover her -- company is in the middle of covering their position after a plea-bargain agreement. out information has leaked out of this plea-bargain deposition that implicates other politicians, so actually what were looking at still is a situation of extremely high political uncertainty even after the impeachment process is resolved. have beennvestors looking ahead, looking far ahead since january into february of this year, and the economic data is bottoming out, but has not shown it is moving north. see to investors need to push brazilian assets higher, bonds, currency, stocks? on the political front, forget that. there will not be any clearer signals on the political front. i think where the action will be is what exactly the government is going to be able to pass in terms of reforms once the impeachment process is over, so there is a very big expectation that soon after the impeachment process is over that some of the refo

then we could get a bottom.that's where we're headed, garner believes it is, she expects oil to fall to the mid 30s. consider the daily chart now of west texas. given that this oscillator which measures whether securities got an overbought or oversold, has reached seriously oversold territory. you might think that oil is zdu for a balance. same goes for the relative strength. rsi. another important gauge of momentum. rsi all the way down. however, in this case, garner thinks these indicators may have gotten ahead of themselveses. sure, she says it's possible we get an oversold bounce that briefly sends oil back up to its highest 45 bucks but she thinks it's more likely oil will keep trickling downward until the big boys finish the liquidation we just mentioned. any short covering rallies are likely to be short lived and garner believes the speed of it could accelerate. she points out bottoms in oil are rarely quiet. they tend to involve dramatic and painful declines that flush out the weak bulls before a rally f

become s the bottom of the bracket now. they want to win it all their next game tuesday morning at 11. they'll face elimination. round. jim start ed the day one under par. hen he shot a pga record 58. that's 12 under par. shows you age is just a you remember in. no one's ever shot a 58. 49-year-old jerry kelly, gets that birdy to fall. he was one shot off the lead. but rustle needed a 12-foot er to win the tournament or go into a play off, and that is a clutch put there. rustle knox is this week. we've all heard the term agony of defeat. check out this horrible crash in women olympic cycling. dutch rider van viae looteden. she flips the water there. it looks like she was out of the race. she was winning the race, she was ahead by far. she had a couple fractured vertebrae. she will be okay. tough crash. with eight overall medals. italy and japan with seven. and today three thousandth hit. that's the thirtieth player to i got shot down over vietnam and spent eleven months in a pow camp. what donald trump said about our member

this goes so much beyond how long you're in office or term limits or the bottom line is any billionaire in the wor can get any politician on the phone at any time unless they're blatantly being indicted for something because whether you're giving them cash or whatever the fact that they could help you out of office, even if only in office two years, your kids get jobs at their companies and work for them as a consultant, you can't remove that effect that there's super wealthy people. that's going more and more decades -- you can't end. certain politicians who don't live off of it as much as hillary, for example, bernie sanders, but they're not successful and don't get a lot of policy done because they're not playing the games and they haven't achieved a whole like, like a clinton would because they're not working with possibly somewhat impressionable influences. >> i want to listen to donald trump saying he can fix this pay to play problem. >> nobody knows the system better than me. which is why i alone can fix it. >> john? >> this is like jesse james saying, i know how to rob trains an

it's the longest highest glass bottom bridge in the world. look at that. 99 separate panes that are tripled layered. only a few thousand are allowed to walk on it a day for safety reasons. >> okay. would you do it? >> yeah. if they make sure there's only a few hundred on it. have to be sure there are not allowing more than 1,000 a day. >> then there are concerns. >> i heard they took a sledgehammer and big four by four truck out there and it cracked. it didn't collapse just cracked. no. no. >> all right. good morning, you know, i would try the one over the grand canyon for sure the one we saw in los angeles. >>> good morning. rise and shine! as you get ready to slide out of bed to begin your tuesday here's what to expect. we have gray skies over the transamerica pyramid. we can see the top of it. the ceiling is at least 1,000 feet in elevation this morning. we'll check in with sfo to see if there are any airport delays. temperature right now in the 50s and the 60s. it's currently 62 degrees in san jose. wind speeds right now after a very wind

going for two in a row and retiring in the bottom first. in the deepest part of the ballpark.n. that puts the phillies up and in the bottom of the fourth, he stares him down and he was eject and benches cleared. the brouhaha for nothing. we are right back after this. [ hip hop beat throughout ] [ fans cheering ] ♪ olympics 2016, let me get you on my level. ♪ ♪ so you never miss a moment, ♪ ♪ miss a minute, miss a medal. ♪ why settle when you can have it all? ♪ ♪ soccer to wrestling. track and field to basketball. ♪ ♪ fencing to cycling. diving to balance beam. ♪ ♪ all you have to say is, ♪ "show me," and boom it's on the screen. ♪ ♪ from the bottom of the mat, ♪ ♪ to the couch where you at? ♪ ♪ "show me the latest medal count?" ♪ ♪ dang they even got that! welcome to it all. watch the rio olympics on nbc networks starting august 5th. >>> a nice way to spend the night. the heat forced the jazz festival indoors. at the holy cross parish a little bit earlier tonight. folks enjoyed the live music, good food and necessary air conditioning. i think people's electric bills will be hi

so in other words, you really don't hold back on the bottom line if you will. here's what's happening in china, in russia, in iran, in syria, in quite clear terms, but you don't go into all of the details about precisely how we f acquired of this and so forth. that comes after a person is elected president at which time of course they are entitled to anything they want to know from the intelligence world. >> host: ahead of election day or ahead of one of them being elected president, how often are these briefings done? >> guest: it varies. some presidential candidates, for example, president bill clinton, or candidate bill clinton i think have one of these briefings for an hour or two. senator john kerry as i recalled had at least two and maybe more. i certainly did to the there may have been some additional briefings with him. there are times when candidates have had four, five sessions with intelligence as thehe campaign goes a long. so the frequency and the location of the briefings ise negotiate with the city whitee house between the candidates, representat

bottom line for us is chance of storm mostly one or two might come across. >> humidity is back across the frontal boundary and that slips to the south friday night. while we'll still be head today looks mus as we change the frontal boundary to the south. >> it looks like we'll be again 92 degrees both days but not terribly humid on day. few clouds around on sunday. looks like both days we will not be having to deal with any thunderstorm. hot, dry pattern into the we not out of control. now, we're learnly keeping a close eye on the tropical system and they were in it today and heading to warm water and favorable environment to develop. >> this has not about given a name if it does it will be the h name snow hermean it's an area of low pressure warming towards favorable conditions with less sheer and these are spa guessy mott elz where you're taking it and woch late in the weekend and several florida several models now move to gulf of me. me. with trem dunn -- it's one to watch bringing up the east coast. that needs to be watched. not a named system yet. several days away from any effec

the bottom five are pretty much all densely populated states. is there something to the idea of wide-open spaces allow for freedom and densely packed people don't want that much freedom? >> you know we have looked at the relationship between the urbanization rate in the state population rate that is urban and different elements of freedom. it actually relates more to personal freedom than anything else. we find a small relationship that more or less swing states have slightly more personal freedom. it's a very noisy relationship. we also find that more rural states have more personal freedom. for economic freedom there's absolutely no relationship. i think what's going on there is that again some of the older early industrializing states, the late 1800s developed a very powerful labor movements that concentrated and those states have definitely been politically to the left and as a result of that they have had all sorts of policy, labor labor regulation, more of a government fiscal role and that is the reason they tend to have less freedom. it's

results at the bottom of your screen. hile the white house is weighing in. the press secretary had this to the views but weto in the sechooses. >> gop nominee t mince lling cbs radio station in seattle today, "maybe kaepernick should find a country that works better for him. let him try. it won't happen." >>> breaking news, hayward's id tonight. is the ci mthe ,#the details of nfidential. this is video of stuart earlier this year speaking at the funeral of fallen scott lundgren. tonigh-ups in the department were blindsided about the news about the chief and say it came ther time captain maover as acting chief of police. >>> an l.a. woman is in a bay area jail accused of trying to sneak phones and heroin into san quentin for a friend on death row and somehow she managed to get through a met a decker. kpix5's -- metal detector. kpix5's andria borba is in our news witmost got away with smuggling. >> almost is th word. tonight there is an investigation happening into how multiple of security inside the east gate quenti was thursday inside the walls of the marin

the bottom five states are pretty much all densely populated populous states. is there something to the idea of wide open spaces allow for freedom and densely packed people don't want that much freedom? >> you know, we have looked at the relationship between the urbanization rate, the percentage of the state population that is urban, and different elements of freedom. it is more a personal freedom than anything else. so we find a small relationship that actually more left wing states have more personal freedom than more right wing states. very noisy relationship, we find that. we also find that more rural states have more personal freedom. for economic freedom, there is absolutely no relationship. and i think what is going on there is that, again, some of the older early industrializing states, you know, the late 1800s developed very powerful labor movements, concentrate ed proletariat if you will and those states have been definitely politically to the left and as a result of that, they had those sorts of policies, labor regulation, more of a government fiscal

bear that in mind if you look at the bottom line numbers. about thering domestic french business and how a low interest rate environment has taken the edge off their qt. the deputy ceo told caroline conan that despite negative rates, they found a stable return on equity this past quarter in france. >> our international return and financial services, which is now in a very solid recovery, which is increased by 35% of political contribution through this quarter. in france, despite the difficult environment with negative interest rates, the return was 15%, which is a good delivery despite that. global banking investment activity. the market liked the first quarter. it has been very much under pressure but stable. terms ofregain in investor appetites in our projects, especially from asia, which is also good news for >> also technically benefiting for the difficulties. some of your german counterpart. >> i don't speak about the difficulties of my counterparts. i'm speaking about the strategy. some banks have decided to pick that up. the bottom gu

bottom of six and this ball is smacked into triple valley. hunter pens scores it and he was stranded. bottom of 9 and angel knocks him in and suddenly it is a 1-1 game. can the giants pull it out? buster posey hasn't hit a homerun in an eternity. good contact. it was right at him. that's your ballgame. the d-backs win it 4-3 and the giants drop two back of the dodgers who were rained out tonight. the astros mascot doing a portrait of alonzo. he is like the van gogh of mascots. the bottom of the seventh and this is crushed off braveman. and now we have a sad face, a frown. up the middle and a dive and snag and gun to first. the frown has been turned upside down. but only for a moment. the a's fall 3-1 and we end with a frown. the a's, they are expected to trade coco crisp to the indians tomorrow. cocoa's production is down. there has been friction over his playing time. he is trying to reach a threshold that guarantees him 13 million next year. he could be pretty available for cleveland in the playoffs. now an interesting twist in the kaeperni

we need to help the group at the bottom and we are not doing it. we are just letting them be poured and in some cases deeply poured. we could do a lot more to improve that, but the states are not going to be able to do it. the bottom line here is i think we need to go back to a lot more waivers. as for recount welfare reform in the first place. order through waivers at the time we pass the welfare reform bill and almost all of them have to do with work and limiting family size through birth control and other measures. we need to go back to that. we need to states exploring ways to help these families. we also need a lot more work on how to help them advance in the economy as heather pointed out. i think in summary of welfare reform has been a waste a half success. maybe a little more than that because i think it's an amazing thing to change the likelihood that a whole demographic will work and that sets up all kinds of possibilities for the future. the way it's being run now, i do not and we can a successful at this point. we need to make changes.

>> the bottom line -- if you slow down and make sure you have proper line of sight, blind curves and hills should be a piece of cake. and you can check out the finished video at teenlane.org. for "teen kids news," i'm nicole. [ engine starts ] [ engine revving ] [ horn honks ] >> hey! >> oh! [ click ] whoo-hoo! [ horn honks ] [ clicking ] >> it's a painful subject for might help. >> for too many kids, bullying is an ugly fact of life. experts say one in five high school students are bullied on school property. that doesn't even count what happens at the i mall orn thene ighborhood. then add in bullying by text and online. clearly, bullying is an issue. and, as monika reports, in a program is taking center stage. >> outside, it looks like just another day at the h.c. crittenden middle school. but inside, the students are getting ready for a special performance. ?? >> ? summer's over, and you know what that means ? ? we're going back to school ? >> "the new kid" is an anti-bullying musical. it's an hour long, and it stars kids in all of the roles, which watching so that they can relate

because normally, when bottoms are the type of bottoms in any market, could be soybeans, canola oil,onds, you know, everything's commodity-like anyway right now. usually you get a big bounce and those bounces mean that that bottom is sank kra sink. it's not necessarily true. eventually we did trade much higher in yield after the 2012 bottom, but the fed didn't pay attention, didn't normalize rates, so that missed opportunity. let's look at specifics. global central banking, they're not going to stop. i mean, it's evident by the relationship between corona and abe with regard to gentlemanmja. mario draghi and the stress tests. it fits. another area i talked to, charles beaterman today, that has really captured my imagination to underscore the dynamic we're talking about. three ms. money markets and margins. many are fearful. some of the biggest bond institutional bond gods are nervous we could get a big reversa reversal. it seems so logical but i'm not buying if for the following reasons. now, as money market reform comes we're not seeing lots of money leave money markets. charles apt