i love exxon for the long term, but also, why not sprinkle a bit into bp? a great dividend yield, a great balance sheet and two for the price of one. the exposure for both are excellent. exxon, premier name, no doubt. there's the cisco, there's a google, they're everything. they're the best there is. go for bp as well. >> i'll tell you why, because i love american and i love american companies. >> amoco, you know, standard oil. >> all right. coming up next, some stocks just can't handle their rallies. we've got the names that overdid it on the up side and may wake up tomorrow with a giant hangover. how many washes did it take cheer brightclean to get this from dingy to bright?

bp signed an exploration deal worth $900 milln two years ago. it's larstxploration commitment in the rld. shell are ploring for gas in libya, as are bg. but libya has many suitors. the competitiois growingast. u.s. oil giant exxonmobil is now investin$97 milon i ploration and libya's national oil cmpany has partnership deals with eveone from ssia's gazprom to th italian git en to japanese from nippon oil. anysts callibya the most exciting investment opportunity in the wor with $50 billion of vernment contractson offer over the next three years. yet is notorisly bureaucratic a controlled by one family, british businesses depend on thek governmento he them compete. >> this is whe they do require politica expertise. people wo o can help them navite some the decisionmaking processe open doors. arrae meetings. arrangevisas. all sorts of levels. so,yeah, learly, bitish governme and gornments from otr markets to -- fr other countries,can help business considerably. >> reporter: the relatnship tween uk plc and the government is lose. because in bya, it

bp signed an exploration deal worth $900 million two years ago. it's largest exploration commitment in the world. shell are exploring for gas in libya, as are bg. but libya has many suitors. the competition is growing fast. u.s. oil giant exxonmobil is now investing $97 million in exploration and libya's national oil company has partnership deals with everyone from russia's gazprom to the italian giant eni to japanese from nippon oil. analysts call libya the most exciting investment opportunity in the world with $50 billion of government contracts on offer over the next three years. yet it is notoriously bureaucratic and controlled by one family, british businesses depend on the uk government to help them compete. >> this is where they do require political expertise. people wo who can help them navigate some the decisionmaking processes. open doors. arrange meetings. arrange visas. all sorts of levels. so, yeah, clearly, british government and governments from other markets to -- from other countries, can help business considerably. >> reporter: t

since 2007, somef britain's largest companies -- bp, shell, and bg --have been signing new exploration deals. iteems the continued imprisonment briin's the future oil dls. >> they are all here, you name them. the russiansreere. ma no mistake, there is competition. just imagine bp would like to concentrate on what it speciizes in. >> we re told that the possible transfer was discussed with gordon brown. for both parties, it is a lingering cpter of the old relationship, one that t british governme would lik to arly) but -- one that the british govement would dearly like to close. >>> thswiss banks have agreed to hand over details tomerican tax authorities of over 4000 accot holders and consider reques about clients of oer bank suspected of t fra. this is lely to blow a hole in switzerland's retation for keeping secrets close. >> it was the swiss gornment said clash of jurisdictions. the united stes wted the names of 52,000 citizens believ to have committed tax evasio by hiding their money in it ubsank accounts. this was said at would viate their client confidentiality. aftereeksof intens

just imagine bp would like to concentrate on what it specializes in. >> we were told that the possible transfer was discussed with gordon brown. for both parties, it is a lingering chapter of the old relationship, one that the british government would like to dearly) but -- one that the british government would dearly like to close. >>> the swiss banks have agreed to hand over details to american tax authorities of over 4000 account holders and consider requests about clients of other banks suspected of tax fraud. this is likely to blow a hole in switzerland's reputation for keeping secrets close. >> it was the swiss government said a clash of jurisdictions. the united states wanted the names of 52,000 citizens believed to have committed tax evasion by hiding their money in it ubs bank accounts. this was said that would violate their client confidentiality. after weeks of intense negotiations, a deal has instruct. not 52,000 names, just 4500 of the most blatant tax evaders. and a costly court case has been avoided. >> we were able to avoid the legal dispute between switzerland and the

i think bp goes higher. here's the bottom line. ready? safety we have to look outside of the united states. that means owning stocks in my foreign legion, companies like stat oils that have viking like abilities. tonight i am a proud honorary roarsman screaming to you ever munch like that stat soil a great way to diversify away from the u.s. and get paid a lot of dividends to do it. let to go bruce in pennsylvania. >> caller: hey, cramer, a keystone state boo ya to you. >> you're probably from pittsburgh. >> caller: south of gettysburg. >> all right. okay. kind of a charger. >> caller: i think i have a stock for you that is a diamond in the rough. penn virginia resources. pvr. it raised its dividend last quarter. and this quarter just ending, looks like it is repositioning itself since it is gas line and pipelines. >> i have to tell you. i think everything you just said is absolutely right about it but the problem is, it's coal. and i still think there is a very good chance at some point in this administration, that coal becomes over penn

. >> and by contributions to your bps station -- pbs station from viewers like you. thank you. >> we are pbs.

also consider green bp, which practice stakeholder theory and underperformed the market and bp has gonerom beyond petroleum to back to petroleum as a result. ayn rand would call this a second-hand problem of a business trying to be all things to all people, consumers, employees, onerous, environmentalist society and even competitors and the vantage of the profit maximization model, the financial wealth creation model again is it is an impersonal arbitrator between disparate interest. to me profit losses the most reliable compass among the competitive destruction and and it's the tough business loved it goes missing when the subject of conflicting preferences of stakeholders are given a life of their own. >> we will get back to do in front to. >> last sentence. >> we must be careful about stakeholder theory or corporate social responsibility in a free society, and certainly in the mixed economy. >> thank you. now michael strong the ceo of the flow will speak for conscious capitalism. >> thank you for those remarks. i think we are in substantial more agreement than they appear that the st

they're recommending gulf and red bp added it, chosen from a list of seven proposed sports. baseball and roller sports did not make the cut. >>> free to travel in september, we may have to deal for you. the all you can get past -- jet pass, next. >> what a day for sports fans. it tiger woods like that the leader boards in the pga championship. and the redskins get ready for the ravens. it is preseason ga p sh for clunkers is available at your chevy de with more eligible models to choose from than anyone. mo ifqualtoies be recycled,ifal ies to be recycled, you can get a $3500 or $4500 government rebate. and just announced! if you qualify for the clunk rebate, you may also qualify for 0% apr for 72 months. that means you can buy this silveradha flfonor-t $228 a month after a $3500 government rebate and no down payme. go to chevy.com for details. >>> there is a new idea to make money and get you flying more. >> we're live from dulles international airport. >> will the boss gets us a month off to travel? probably not. that is where this first popped up, on twitter. is creating q

bp, british petroleum, ed, con ed, hd, home depot, mc, mcdonald's, the always favorite t, at&t.ed, jim? >> when we talk about portfolios, stocks wit good growth and with withstand good times. lynn has it. a great company yield is very consist. not growing that much but home depot we have the highest yielding high quality retailer, the absolute right place to be with the housing bottom. bp, the highest major oil company, i put out a note, i made it clear the restructuring is on, moved a lot of it spe spending. remember just got a rate increase e good yielder with no cap and trade problems. and stephenson, always welcome on the show. we have phone company, electric utility, oil company and food purv purveyor. that's what i want to see! good yielding portfolio, very safe and very smart. i always say it, our viewers smartest on earth. to bernie in connecticut. >> welcome to connecticut. boo-yah! >> nutmeg stuttering boo-yah back to you. could be western. >> caller: thanks to you, jim, my portfolio is up 20% in the last few weeks. >> you did the work. >> i want know if i am diversifi

bp.lding oil company, put out a note for action alerts, i made it clear restructuring is on. they moved a lot of it spending to ibm. con ed, one of the highest yielding and safest. got a rate increase, so you have a good yield we are no cap and trade problem. and at&t, you're always welcome on the show. 6% yielder. we have a phone company, electric utility, we have an oil company, retailer and food company, food purveyor. that's what i want to see! good yielding portfolio. very safe, very smart. then again, i always say it, our viewers, smartest on earth. let's go to bernie in connecticut. bernie. connecticut dominates. >> caller: connecticut, boo-yah! boo-yah. >> stuttering boo-yah back at you. could be western. >> caller: my portfolio is up 20% in just the past few weeks. >> well, first of all, thank you for saying that, second, you did the work, you picked the stocks, you did the homework, i say congratulations to you. what's up? >> caller: thank you. i want to know aim diversified. i

grifit, y dijo que está buscando la manera de mantenerse saludable, y hace años tuvo una adiccióntlír÷bp÷p próximo domingo con estos 14 concursantes. cheylos llevamos a una gigantezca venta de accesorios, desde allí nuestra reportera nos muestra las prendas que están de moda para que tome nota. >>> una fascinante gama de piedras presiosas, cueros, cristales, plaumas, para hacer de su ajuar una verdadera fantasía. este evento presenta las nuevas tendencias en joyeria a precios modicos. >>> me encanta todo lo que es fuerte. >>> este evento se lleva a cabo una vez al año. >>> para pequeños empresarios que puedan tener su propio negocio, tenemos diferentes materiales. >>> mucha gente se quedó sin trabajo y esto es una alternativa para ese ingreso principal. >>> qué material trabaja? >>> cristata y alambre. yo me dedicó ir a la playa junto a mi esposo, y uno es que busca tesoros en el mar,. >>> y los colores violetas y rosados dominarán esta temporada. en san juan puerto rico, univisión. >>> bien, y antes de irnos a una pausa, joan sebastian habló por primera vez sobre el rumor de su romance

a bp of this tomorrow and thursday and friday as a lot -- a repeat of this tomorrow and thursday and friday as well. >> thank you. you can track rain or storms right down to your street using our interactive weather on our website at pa wbaltv.com. police are being praised for the conviction of a woman wanted for an assault and shooting. the entire incident was caught on a citiwatch camera. it was two years ago. she got into a fight outside a convenience store outside utah st.. a worker watches the fight but does not do anything to stop that. she got into another altercation that night where she fired a gun. without this valuable footage, they never would have been able to bring the person to justice. >> the sentence is 18 years. that is an outstanding sentence considering that the victim in this case never came forward. the prosecutor is using the evidence on the camera as well as testimony from the officers. >> she was convicted of assault and reckless endangerment. the devil sitting at the inner harbor has the city police commissioner -- the double shooting at the inner harbor has

i love exxon for the long term, but also, why not sprinkle a bit into bp?reat dividend yield, a great balance sheet and two for the price of one. the exposure for both are excellent. exxon, premier name, no doubt. there's the cisco, there's a google, they're everything. they're the best there is. go for bp as well. >> i'll tell you why, because i love american and i love american companies. >> amoco, you know, standard oil. >> all right. coming up next, some stocks just can't handle their rallies. we've got the names that overdid it on the up side and may wake up tomorrow with a giant hangover. how many washes did it take cheer brightclean to get this from dingy to bright? ten. seven. it's six. why? why is... one... yeah! hundred. no. cheer brightclean. surprisingly bright in just one wash. of the world's most revered luxury sedan. this is a history of over 50,000 crash-tested cars... this is the world record for longevity and endurance. and one of the most technologically advanced automobiles on the planet. this is the 9th generation e-class. this is merce

i love exxon for the long term, but also, why not sprinkle a bit into bp? great dividend yield, a great balance sheet and two for the price of one. the exposure for both are excellent. exxon, premier name, no doubt. there's the cisco, there's a google, they're everything. they're the best there is. go for bp as well. >> i'll tell you why, because i love american and i love american companies. >> amoco, you know, standard oil. >> all right. coming up next, some stocks just can't handle their rallies. we've got the names that overdid it on the up side and may wake up tomorrow with a giant hangover. announcer: some people buy a car based on the deal they get. - others buy the car of their dreams. - ( beeps ) during the lexus golden opportunity sales event, you can do both. it's an opportunity today. it's a lexus forever. special lease offers now available on the 2009 es 350. right now 1.2 million people are on sprint mobile broadband. 31 are streaming a sales conference from the road. eight are wearing bathrobes. two... less. - 154 people are tracking shipment

chapter for them, one they are happy to close because there are big business interests at stake -- bp, shell, big energy companies bidding for new exploration deals. clearly with this out of the way, they can concentrate on that issue. i think that will be welcomed by both sides. >> what about al-megrahi himself? what is happening to him? this is, after all, his first full day of freedom. it is a very quiet day here. the first day of ramadan -- the streets are deserted. there has not been much use in the media. we are told he might be taken south to a town in the desert to meet colonel khadafy, presumably was given his thanks for all the lobbying he did on his behalf. and we have from a second source that is a distant relation to the colonel. perhaps that does explain why the colonel has taken such a personal interest. >> all right, live from tripoli. thank you very much. you are with "world news today." coming up -- honoring the sunshine policy. north korean delegates pay tribute to the former south korean president. firefighters increase appeared to have brought the bulk of wildfire

also ageed, and at the same time trade deals we being struck the day after the two leaders met, the bp announc it s spending half a billion pounds to search for oil i libya. >> should a killer be freed amst in a obal war on terr? this morning wll talk to outraged family mbers of his viims. >> reporte today's decision by scottish mbers has caused controrsy, especially across the atlantic, where officials have said publiy has megrahi should die in a scottish cell, noat home with his family. the government inestminster alwa said it was for a scottish mnister to died. >> this was a decion for him and him alone, and this decision, cause it deals with criminal justice, up to the scottish gernment. for thateason, it is up to him. >> reporter: many wi say an act of cpassion for a dying man is an accessible way end this affair. others say it's a mercy h never showed his to victims d never deservedimself. damon green, itn news. >>> as you can imine, the scottish decision is plang to decidedlyixed reviews. the announcement w carried in the capital of libya, which is typically, and it was iled by

the visit coincided with an announcement by bp of a huge gas exploration deal, and return to britain by the british oil giant after an absence of more than 30 years. petrodollars' have now transformed the libyan economy. the country has the biggest proven oil reserves in africa. shell and british gas have now signed new exploration deals. but their strong international competition on the ground from amongst others russia, indonesia, and malaysia. the lockerbie chapter is one they would like to close as they develop a new and lucrative commercial relationship. >> at afghans voted for a president the second time, there was sporadic violence across the country. the governors convoy came under attack as he traveled to a polling station in the provincial capital. our defense correspondent was part of that convoy. >> it is 7:00 a.m., and the polls have just opened. we're with the governor as he goes to vote. suddenly, this just outside. a makeshift bomb exploded. soon after, an insurgent rocket lands nearby. >> we don't know what it is at the moment, but it is the first explosion we have h

abandon his nuclear weapons programs, batman, that former intelligence and is now a senior executive at bp so gordon brown's claim that the decision belonged to this scottish justice minister alone, and that that decision was based purely on so-called compassionate grounds does he ostensibly is dying of prostate cancer, is very hard to sustain. this is already a government with almost no credibility but the government who want a big uproar robert mueller f.b.i. director in the u.s. sent a very rough letter denouncing essentially the decision. and of course the families of the victims are also outraged here in the states. >> i'm kind of wondering where was the u.s. in all of this question mark state department's job is diplomacy. we're supposed to have a relationship with the uk. the u.s. is supposed to have some influence in the world. i'm worried that the obama administration has spent all of its resources trying to force tegucigalpa to take men while celaya back and forgot about this for the world. >> paul: a former president of honduras. >> that's their big issue. the amount you have so

>>reporter: certainly, beijing has warned oil giants bp and exxon not to help vietnam explore in the south chinasea - if they value doing business with china. on the other hand, it's agreed with it's neighbors including vietnam to conduct joint marine surveysin a bid to reduce tensions. >>: but as the economic exchanges reveal, the relationship is truly asymmetric and china will not concede territory. the balance of power rests firmly on this side of the beilun river. >>: the current global recession started as we know only too well, because of excessive risk taking by men in the financial sector. this has prompted some scientists to wonder whether the world could be in a much better state today if more women had been in charge. >>: recession... government bailouts... subprime mortgages... foreclosures... as the credit crisis hits ordinary people... these financial terms have become part of our daily conversations. however, cambridge university's neuroscientist joe herbert seems to have found the culprit of the financial meltdown.... >>herbert: economists and financiers have focused

are now calling a boycott of scotch whiskey, scottish vacations and bp.ritish oil giant has a $900 million exploration deal with the libyan government. as for megrahi, apparently he is writing a book in which he will claim he was framed for the 1998 bombing. he has always proclaimed his innocence. today the justice minister did express regret for the pain of megrahi's jubilant homecoming, but stood firmly by his decision to release the only man convicted of murdering 270 people the night pan am 103 explode over scotland. abc news, london. >>> the latest now from greece on the massive wildfires burning north of athens. thick smoke and flames forced nuns to escape down a mountainside today. workers shoveled sand and sprayed areas with a garden hose. more firefighting help arrived from other european countries today. six major fires are burning across greece. officials have not said what started the fires. >>> the forecast certified baltimore' most accurate here, is norm lewis and maryland's most powerful doppler radar. >> was it me or did it seem a little c

bp >> county officials are trying to cut their budgets. a conference in ocean city is raising eyebrows. >> ocean city will be a hot spot the annual maryland association cycle. >> say, why are we doing this? people that are serving? >> the governor has canceled a $12,000 recession this weekend. private sponsors and camper donations -- campaign donations are still on schedule. >> library officials say attendance is up 32% from last year. a wide variety of free programs like movie screenings and career in job assistance is helping. >> baltimore city leaders have approved a deal that could lead to a casino built near the m&t bank stadium. the baltimore entertainment group had plans to build a small concession in less visible location. they are expecting to revise their plans. it would have nearly 4000 slot machines. >> coming up, didn't mournings financial news in the bloomberg -- this morning's financial news in a bloomberg business report. >> dick cheney is feeling very liberal with his stories. >> someone is taking potshots at people long d

sólo tu médico puede decir si tienes bp h@tlrgmip no unaenferm más s coáncer róstath@ parah@tlrgmiyadkpname dijotlwcpkpnos daremos por vencidos. (aplausos) >> edward kennedy. hasta la prÓxima semana. vayamos a punto. ♪

. >> tell me first, you all just kill me bp why would you not want good hair?ot the movie, actual hair. what is good hair? >> all hair is good. >> there you go. >> all hair. >> as long as it's behaving. >> as long as it's not attacking you. not flesh-eating hair. >> reporter: some people needs words to get it to behavior. would you agree? >> anything good takes time. >> yeah. >> products. >> a little tlc. >> reporter: how much work for both ever you, how much work entails that -- >> no. >> reporter: i'm not going to say it like that. >> this takes a lot less -- >> this actually took, this morning -- >> 20 minutes as an architect. >> reporter: just yesterday came into the house and said, daddy, how come i i don't have good hair? i wonder how she came up with that idea? >> being in the black community, if you have good hair you're prettier or better than, the lighteder the brighter the better. >> so many impressions. >> julia. >> black hair is a big issue. what's more beautiful, straight? straight hair or curly hair? it's been a huge issue with the community and

corporation bp. it certainly looks suspicious.shepard: they deny it and they knew anything about that, and we know that is not true. >> yes, we heard that there was not any link. it was not his decision. it was from the scottish government alone, and now, which are hearing from that same secretary but i was just talking about, -- we are hearing from that same secretary that i was just talking about, jack straw. >> i have no power to say to the libyans that we will do a deal with all oil and work with the release of mr. al-megrahi. >> now, shep, that is simply not true. i hate to call british prime minister gordon brown and jack straw lawyers, but they have -- the al-megrahi release is clearly a matter of foreign policy. it is gordon brown and jack straw had wanted to stop the release of al-megrahi, they could have done so -- if they had wanted to, they could have done so, and it could have been that they did not because of its multibillion-dollar oil deal. shepard: if they did that without saying anything to the united states, i a

in 2007 they signed $900 million bp signed a deal with the libyans. so the conspiracy theories and the questions about what kind of conversations have been had between tripoli and london in terms of deals will continue. >> julie: amy, thank you so much reporting live. >> kelly: so the question how does this affect the united states relationship with libya? two countries have a history of 1986 libyan agents are linked to a bombing in west berlin, germany a spot frequented by u.s. service members. then in 1988 pan am flight 103 explodes over lockerbie, scotland killing all people on border and eleven people on the ground. fast forward, when they hand over two suspects for the bombing. then in 2003, president george w. bush and tony blair announced libya agreed to give up been weapon programs. -- weapons of mass destruction programs. >> i've got ask you, does libya play on the fate of america on the flight, pan am flight, this did they play games with us in bridging a better relationship by giving up weapons of mass destruction when we see pictures that

this lebout in batns ln is bp ouommiommtigs in the senate, th in the house, and it is going to tact itmplicated issue. Ã$kou hay te to a isnlaethe thi Ãisnresident for standing up an dealing with this. Ãjl ln dared to deal with it. either we are going to dea wiwih adt or we're g 4ng to collapse under the weight, the cost of inecaraessbout Ãisnaver?e are saying, i'm finb well, you can keep your insurance. but there's a pror?o pativo- your premiums are going up every year. Ãjlll you hay te to do is l $k your pay stub. people are spending -- it was one out of $6. rofow w00 re spending -- in a f years it will be $1 in you ser spent on health carbout >> this legislation has gone further than the other progr c raco row > thaeats the other thing. people can look at the glass as beinsomhan b etivty. liosee it as ter hetig-fourths this president has moved this lebout in batns ln further th has in the last 40 years and he's done it in six months. a lot of paver?e know the rankig of the president has gone down, his knvor bit, but you hay te t >>hink about it -- people are a little depressed, thma

we get a lo of bps with that.but an educaonal system thatti really is the second to no and then obviously the health care. i've support ten differentup bil. single player going back 35oi years. i'm hopef that finly in 2008 we're going to elect someone that's going to actually getthee univers health care. and i hope il be around lo enough to be able tope be a strong sporter and help get him through theeng co. >> rose: y seem in pretty good sha to me. universal hlth care is where we oht to be? t that's where john edwards says we oughto be. paul kgman.we >> i le that, medicare for l.or i think that does it. but the point abou it is if you ask me to si down withohn in a room on this thing and our different proposals, weouldn'ts have any problem worki it ultpr out. th's the test, isn't it?th he has bitten the bullet in terms of a propal that's vy, very real. and i thi it's very productive proposal. >>ose: can you say that it's no longer a third rail inhi amecan politics to be supportive ofniversal health care?rs >> i t

they've said they've seen a notable increase 10% in some places bp 20% in others, and double in otherces. people saying, setland ground, whatever the average funeral cost it. >> sign of the times? >> a sircht times, christine. totally. yeah. it's horrible. there's nothing else to say to this, except that times are really, really lousy. >> what you can say about it the economy is so bad you can't even afford to die. >> all right. i love it when you end with a smile on your face. beautiful. >>> gentlemen, coming up next, is it fair to make parents pay for a football program in high jool how abouts 3ds 50 to be a cheerleader. paying to be a cheerlead jer strapped schools taking dress prit measures. imagine... one scooter or power chair that could improve your mobility and your life. one medicare benefit that, with private insurance, may entitle you to pay little to nothing to own it. one company that can make it all happen... your power chair will be paid in full. the scooter store. hi i'm dan weston. we're experts at getting you the scooter or power chair you need. in fact, if we pre-qu

a random one bp look what you're writing. finally this one. annoying to a lot of people. the obscurist. an actual tweet is not now, when? a lot of the time peopler saying i checked my facebook and have no idea what everyone is referring to. talked about this a few hours ago on the show. an example, one wrote, the most annoying things you can hear, kenneth gibson wrote this here, i don't care what application to work with. think about what you care about. as you want to see the rest of it, all right here, cnn.com. take a quiz that tells it you what kind of facebooker you are to make sure you aren't doing the annoying things and we want to hear from you. what we're larrying from you. josh levs, cnn a whole list of it going. whatever annoys you on facebook, let us know. if you have good examples we'll shareand betty and t.j., pop back soon and share those because we want everyone to have a whole discussion to weed out the bad stuff and focus on the good even more. right? >> the discussion has already begun. a lot people on our facebook pages have said, yeah i love that list.

>> you know, if you want dividend rich and this is a difficult one, i would still send you to bp, thefight to a person who buys royal dutch because it's got fabulous value. i congratulate you. how about paul in new york? paul? >> caller: boo-yah. >> boo-yah, paul. >> caller: from the home of the next little league world champs. >> staten island! >> caller: staten island. >> yes. congratulations. i'm so excited about you guys. i think it's going to be fabulous. i like your chances. >> caller: great. the stock i'm calling about is wtr. they're buying up a lot of water systems. >> they are, paul, but i got to tell you, they're doing their own growth thing. they buy companies, they give them stocks. the stock gets sold and the stock has not been a good one. i am not going to blast that. do you know why? because the record there is not of making money. if you want to own a utility, i'm going to send you to one that we all pay. i'm going to send you to mr. ed, con edison. that's a better buy. i'd stick with that. and you should stick with cramer. what's on the minds of independent investors

i am not giving to speaking this way, but it's clear that the bp and another company from the uk were given a hard time exploiting and converting their contract that they had been given. it will be interesting to see if it's coincidence that the problems administratively and bureaucratically get cleared up and we just pay a high price in dealing with the folks. it should be a rallying point that get off oil. this is so distasteful and the families deserve a lot better than this. >> you also say and i know they had interviewed one of the mothers of the victims and some of these people are truly disturbed and upset and humiliat humiliated. she was passionate about this is about oil. is it fair do you think to say that in some respects willingness to look the other way is because of the oil? >> most certainly. i think it's one of the situations where you can never confirm it, let's say, but if it walks like a duck and talks like a duck, it's a duck. if this was any other country, this gentlemen would have been carried out in a box from scotland and not flown home to the deplorable pictur

abandon his nuclear weapons programs, batman, that former intelligence and is now a senior executive at bp so gordon brown's claim that the decision belonged to this scottish justice minister alone, and that that decision was based purely on so-called compassionate grounds does he ostensibly is dying of prostate cancer, is very hard to sustain. this is already a government with almost no credibility but the government who want a big uproar robert mueller f.b.i. director in the u.s. sent a very rough letter denouncing essentially the decision. and of course the families of the victims are also outraged here in the states. >> i'm kind of wondering where was the u.s. in all of this question mark state department's job is diplomacy. we're supposed to have a relationship with the uk. the u.s. is supposed to have some influence in the world. i'm worried that the obama administration has spent all of its resources trying to force tegucigalpa to take men while celaya back and forgot about this for the world. >> paul: a former president of honduras. >> that's their big issue. the amount you have so

if you look at a goldman sachs or a jpmorgan as investors or you look at producers like bp and chesapeake energy or some of my consumers and my manufacturers, i will guarantee you none of them will signal the marketplace and say i'm going to sell so and so amount of quantities or buy so and so quantities on such and such day. >> scott, real quick, last word. >> and that's one of the bad structural issues with this fund. there are other commodity issues out there that use optimal roll strategies that don't signal as much. the first commodity etfs outside of the gold ones have the structural issue. it's part of their legacy. i have a hard time seeing how these funds survive, actually, another five years or so. i think investors, outside of using these funds to capitalize on these inefficiencies, you know, longer-term investors who want commodity exposure, who want to participate in the democratization of this asset class, are going to look for more efficient funds that do a better job of not getting gamed on the futures curve. >> okay. a point of agreement. we'll leave it there, then, guys.

. >> grabÓ su video en la h@ciuda de mÉxico, h@h@le fue requete bp cuando le preguntaron si querÍa seroh@ te y ean sab caldo o knor h@tlzowkph@ ÍÑade aqua, (anunciador) y agrega knorr que que el arroz te quede perfecto h@e a toles en.tlp (anunciador) arroz de bueno a buenÍsimo co caldo llo kn temaos acompaÑa tulio rodrÍguez. >> como Éstas? >> que es una hipoteca revertida? de personas pueden pedir este tipo prÉstamo? >> se utiliza el valor patrimonial de la la vivienda, toma ese valor, pide un prÉstamo y ese préstamo le comienzan a dar dinero en contraposiciÓn. aplican las viviendas primarias, los homes de una a cuatro unidades, y los condominios siempre y cuando sean viviendas primarias. >> tiene que estar completamente pagado? >> no es un requisito que la casa estÉ completamente pagada, puede tener una hipoteca pero tiene que ser suficiente para cancelar el monto de la hipoteca anterior. esta cantidad de dinero va a depender de la persona, el avalÚo y la tasa de interÉs. >> cuÁl es la diferencia entre un prÉstamo bancario sobre el capital de la vivienda y la hipoteca revertida? >> cu

no, that's not what happened bp >> this is a transformative period. we're turning from recession to recovery. we are in a new bull market. that's why it's here to stay. economy will continue to show better numbers. it ain't always clean and perfect, but that's what's happening here. deal with that. >> you'd better tune in. >> plenty left for investors, by the way. >> that's it for "the call." i'm melissa francis. i'll see you later today. >> and i'm larry kudlow. "power lunch" is up next. >>> the white house says president obama still expects the jobless rate to rise 10% this year. the president has signed into law the bill that gives the cash for clunkers program an additional $2 billion in funding. >>> and aig shares up another 20% today on top of the 74% gain the last two sessions. the insurer reported its first quarterly profit since 2007. that's cnbc.com news now, i'm courtney reagan.  >>> becky quick, how the heck are you? >> i am great, you guys. thank you for inviting me today. >> fun to have you here while sue is off. >> thrilled to have y

another viewer bp 1 10 writes rearranging the chairs on the political titanic.our guest host is very correct. town hall protests are happening -- happened to a very right conservative audience when most are right. mort, we shouldn't allow that on the air. >> i think that person should be honored. i'll be happy to send him a gift. when is your birthday? >> you can follow me or mort at twitter. you find my picture there. click on. we will read some of your notes every show so let us know what you are thinking or what we should be talking about. >>> coming up next, one of my favorite comedians stepping out with a 19-year-old father of bristol palin's baby? kathy griffin. what is behind that? we get the dish coming up next from mort zuckerman! imodium multi-symptom relief combines two powerful medicines for fast relief of your diarrhea symptoms, so you can get back out there. imodium. get back out there. - how? - well, funny you should ask. say i stay 5 nights on business, then 5 nights on a family vacay, boom. free night. welcomerewards. smart. so smart. ( whooshin

london is that the real reason the british government has sanctioned the return of megrahi is because bp, the british oil giants, want to get into libya in a big way and get developing those untapped oil reserves. >> who made the call? i hear a lot about scottish devolution, they're going to have more independence. was it anjou dishl decision, an executive decision, a british decision, or a scottish decision? >> well, that's a very good question, chris. >> that's why i put it to you, con. you ought to know the answer. what is the answer? who is responsible for this embarrassment to us all? >> i've been doing my research, and scottish devolution happened under tony blair ten years ago, so scotland has its own government, its own parliament, and it's own law system. according to scottish law, which is different to english law, if a convict, a prisoner, is terminally ill, he can go back to his home to die. this is a scottish law, and the scottish government says that according to scottish law they had no alternative other than to release megrahi on compassionate grounds, but this is where i

we are seeing progress bp not just war by afghan life.the judiciary system, even religion, every mosque preaches propaganda to the enemy. it is so important to put the two policies together. the focus on protecting the population and throwing back the air strike extremely important. we were at risk of losing suppose mortgage we have to give that strategy time to work. one to two year statements you'd like to pick up. coming to the point where they are going to lay down their arms. let's open to the audience for questions. >> you talked about the strategy. is it coherence, reactive, proactive, could you talk about that. i think they are pretty good with that. they are also looking to cause the international military forces to overreact there by creating civilian activities. those are things that they do on a regular basis<%ú >>al milikan. how do you evaluate the rule of nated owe realizing. international forces were necessary in providing for the election. there's been no evidence that suggests that they chose that roll. both the taliban h

spend the way obama is to say don't worry, i will not touch the income of anyone making less than 200 bpthousand dollars a year. you cannot possibly fund the government' from the income of people making more than 200 pp thousand dollars a year. -- 250,000 dollars. that is just a secret way of taxing us without us writing a check to the government. if your money buys half as much as it did yesterday or a year ago, you have taken half of our money. like i say, you have to grandfather people in, slowly cut it back, raised the age for medicare, but what it means is to go to just the welfare system. three things i think we should do with health care, allowed competition in health care insurance, competition in choosing doctors and pay for doctors the way you pay for a haircut and your computer care, and set up basically it welfare clinics by most hospitals in america, so you do not have illegal immigrants and welfare recipients clogging of our emergency rooms. >> i would just like to thank everyone here for giving us such a wonderful week. in less than a year's time, we will have a conservati