mo from morocco to north carolina they are looking to cash in on camels. why camels?amel milk is tastier and healthier when you look at three times the amount of vitamin c than cow milk. the woman bringing that to the u.s., millie hinkle. good to have both of you with us. we appreciate it. i would like start with you. the united nations said the market for camel milk alone is at least $10 billion around the world. you run a farm and are doing a lot of research. what other products are we looking at? >> good morning or good evening from dubai. it is true that it always had a lot of medicinal properties. the problem in the moment we are facing is we are not allowed to export camel milk to other countries. this will change in the near future. the problem is mainly -- >> that's where you come in. on the milk itself, this is something that you can think about the population of people around the world, right? cow products are not encouraged. india, 17% of the world's population. there could be in the market. in the u.s. there is a market? >> a tremendous market here at this

how about cash for camels? we could start a fund to stop the camel cide. time for the "closing bell." >> senate majority leader harry reid says the senate will approve new fund for the cash for clunkers program before it leaves for the august recess. general electric is settling sec charges of improper accounting paying $50 million to do so. ge, the parent of nbc universal does not admit or deny guilt in settling. mary schapiro says the commission is studying ways to eliminate inequities resulting from so-called flash trading. now first in business worldwide, cnbc, i'm mike huckman. >>> stocks losing a little momentum in the homestretch. the dow dipping below positive territory as we enter the final hour of the trading day. welcome to the closing bell. i'm bob pisani at the new york stock exchange. >> i'm michelle caruso. the markets right now, stocks seeing selling pressure in the last ten minutes with the major averages all now in negative territory. taking a look where we stands, the dow jones industrial average lower by three points. you can see we've

no back to school science. >> cash for camels. it's 82 to kill each camel apparently. if you collect 100 a camel, maybe you can save them. >> thank you. >> 6:00 and midnight. an unexpected winner from the cash for clunkers program. julia boorsten is here to explain. >> that's right, erin. automakers among the biggest advertisers and they have a put back and took a toll on the network. cash for clunkers was a real shot in the arm, boosting auto ads and inspiring optimism that they need to recover every consecutive quarter. the volume of broadcast ads sold is down an estimated 22%, but partly because of networks with holding inventory generating demand and taking advantage in interest later this year. >> you have to be confident that there will be a recovery taking place in the relatively quickly and the dollars will be there. >> morgan stanley upgraded the media about three weeks ago and expectations of an advertising recovery to monitize video content in the digital age. >> i am constructively and optimistic that we are not going to see the devaluing of video content o

to quote an old saying, it depends which side of the camel sits -- side the camel sits. shepard: the jobless rate dropped a tiny bit down to 9.4%. we saw the smallest number of job losses this year, almost 230,000. analysts were expecting an increase. the president said we have rescued our economy from catastrophe. >> today, we are pointed in the right direction. we are losing jobs at less than half the rate we were when i took office. we have pulled the financial system back from the brink. the rising market is restoring values to those 401k's. shepard: the president said we still have a lot further to go. the white house is saying unemployment could hit 10% this year. major garrett is there tonight. unemployment would have gone up last month at the feds counted the people who have given up or stop looking for work, which is often the case. >> that is right. the labor department decided that about 797,000 americans stopped looking for work. that shrank the labour force and the percentage of those jobless became smaller, dropping 1/10. if you put that 797,000 discouraged

i have -- is that camel skin? >> no, it is a camel. there you go, joe. so here is the thing. we talked about this interesting, they brought camels in 1840 to australia and they carried things. they didn't need them anymore. no predators, it's like heaven for camels. >> they love it. >> so they're doubling every ten years. it's like the biggest herd in the world in the outback. they have a million of them. these aerial raids they fly over and shoot down and kill the animals. they're killing 80,000 of them. jim cramer calls it camel-cide. they have long eyelashes and big eyes. >> yesterday when you broke this ne news, i don't think you knew joe is the chairperson of the new york state save the camel. >> i don't brag about it. >> you could adopt a camel. 80,000 americans should. in sydney, australia, they fly over and kill them. >> we do the work in the morning before we come here. >> that's the other thing. he doesn't like us to do this. he spent most of the summer saving poor children, helping poor children in nantucket, many of them walking around in shorts and no shoes. >> o

a new golden age ushered in, where now there were just a few wandering characters on camels living innts and shooting at strangers, there would be highways, industries, spacious, brick built houses with front lawns and efficient plumbing and regular garbage disposal facilities. thank you. >> coverage of the 2009 key west literary seminar. up next, a conversation or between the eldest son of julius rosenberg and his daughter, heidi, director and producer of rare to execution, which focuses on the legacy of her grandparents. this conversation, moderated by david lewis, is about 50 minutes. >> during the federal trial of julius and ethel rosenberg, there was almost a unanimous response from the public to cheer on the attorney general and the justice department's kennedy's 9 to convict the defendants. very little public protests until a newspaper, the national

. >> we've got a drop here for camel. >> huh? >> what kind? >> not the cigarette. >> a saudi arabian company was marketing chocolate made from camel's milk. now they're looking to the mammal as a source of protein. they will begin to eat camel to combat the creature's exploding population. meat apparently tastes just like chicken. no, just like beef and with less cholesterol. would you try it? >> hell no. >> a little tabasco, tastes great. >>> coming up next, the stock that doubled this year thanks to "harry potter" and "transformers 2." undefeated professional boxer floyd "money" mayweather has the fastest hands boxing has ever seen. so i've come to this ring to see who's faster... on the internet. i'll be using the 3g at&t laptopconnect card. he won't. so i can browse the web faster, email business plans faster. all on the go. i'm bill kurtis and i'm faster than floyd mayweather. (announcer) switch to the nation's fastest 3g network and get the at&t laptopconnect card for free. >>> welcome back to "fast money." we're live in new york. want t

they have camels to help move things around in the outback, got trains, didn't need the camels.ness story say there's $1 billion worth of meat walking down there and it is the new red meat. low in cholesterol, low in fat and with a strongly beefy flavor. >> mmm, mmm. >> nevermind the camels, how much elastics had to die for haines' suspenders to live. >> he can't defend himself. he has a new haircut and looking just fine. >> fantastic. erin, international superstar. >> see you tomorrow morning bright and early joe. >> thanks so much, see you tomorrow here on "morning joe." >>> coming up next, david wessel on ben bernanke and how he led the world's most powerful institution under a great panic. keep it right here on "morning joe." - hi. - crowd: hi! i hate my phone. what do i do? ( shouting ) this is crazy. you. let's run a free upgrade check. see if you're due for a new smartphone. don't i need to go to my carrier's store for that? no, you don't have to. we sell phones and plans on all the major networks. ok. well, is time travel possible? yes, i am from the future. announcer: p

camels and sand go hand in hand. i would love to see that scholarship. >> pinch, i bet you love the fact that they are banning smoking. i believe this is nothing but easy moral islamists. easy more -- easy moralism. >> this is close to home. someone smoked me. it wasn't marijuana, though, we're talking high on crack. >> greg: turning into frown hall. yes, or no. it is one of the two. then again, maybe not. when morning comes in the middle of the night... rooster crow. ...it affects your entire day. to get a good night's sleep, try 2-layer ambien cr. the first layer dissolves quickly to help you fall asleep. and unlike other sleep aids, a second dissolves slowly to help you stay asleep. when taking ambien cr, don't drive or operate machinery. sleepwalking, and eating or driving while not fully awake with memory loss for the event as well as abnormal behaviors such as being more outgoing or aggressive than normal, confusion, agitation and halluciations may occur. don't take it with alcohol as it may increase these beha

we're looking at the cash for clunkers which is not the same as cash for camels. they have in australia where they are very angry at me because i said we should stop shooting camels. the next letter, much more positive. that's the u. if the turn is u-shaped, we're looking at a gentle, soft recovery. gentle. perhaps soothing. perhaps the music recovery. or perhaps the yanni rebound. it is not kenny g. maybe kenny u. in this scenario where the market gently comes back and the economy just kind of takes off just like, very smooth little. we're in the bottom of the curve. we're right here. okay? what happened? this is headed to the right. see right here is where we would be in the recovery. it is 5:00. if you looked at it like a brent clock. and since broken clocks are right twice a day, has the hard one to refute. the bulls, who by the way tend to be the same people who never thought we would have a recovery in the first place, have embraced the letter v as their totem. a v-shaped recovery. one where we bounce back quickly. we went down, gdp down, boom, up three, fou

animal welfare groups favor insteaa drug to make the camels and fertile- infertile. good ratin are vital for any tv show, but howar should pruce is there to make sure their progra days of the to the host of crime so in brazil iseing investigad by polic they think he ma have ordered five murders just to be first with the story. >> this was the crimerogram that police say usedo arrive at the scene of killings even before they did. back the studio, thtv presenter d local polician would leadhe way in denouncing the level of violence in the state, but policesay as well as reporting crime, he was instigating it as well, ordering at least five the killings featured on the pgram. the athorities allege he was involved in ug traffickingnd wanted to get d of his rivals, whilalso boosting h tv ratings. >> in truthe went as r as creating facts and ordering the crimes be mmitted to generate news for the program. >> he is a popular politician anhas been elected to his local state assembly three times. his profile clely helped by his television program. he emphatically denies the cl

. >> the australian government is funding a cull of feral camels. there are at least 1 million that are damages vegetation and infrastructure. welfare groups favor instead to make them infer tile. >> how does a ship disappear near one of the busiest shipping lane in the world? the search is on for a cargo vessel last seen off the coast of france and now missing for two weeks. it may have been taken over by pirates, something unheard of in european waters. >> how can a 4,000 to know cargo ship pass through the english channel two weeks ago, and then simply disappear off the face of the earth? the coast guard received a call from the arctic sea on july 28. what they didn't know is that shed earlier been attacked and boarded in swede issue waters by gunman pretending to be swede issue police. july 23, it set off with a cargo of timber. the next day, it was boarded. the crew tied up, and the ship continued. on july 29th, went through the english channel. ships can usually be tracked by satellite using the ais identification system. no one knows where th

this is the straw that broke the camel's back. healthcare overhaul, nationalizing or near nationalizing of nearly 20% of the u.s. economy. people are really angry, john, and for democrats to show contempt for the american people, when those same american people pay their salaries to represent their interest is not exactly a very good political move. president obama who on the campaign trail was a master of rhetoric, really he mastered the art of the silver tongue. for him to not be able to sell his plan now, this is why you see these numbers falling and also because the substance of the plan is so bad that the american people are recoiling from it. >> mort. >> i think they understand now that this plan involves an expence and a deficit over the first decade of a trillion dollars. what are they getting for it? 90% of americans have healthcare. 77% really like it. this is money that is going to the people of lower income. the whole idea of getting healthcare costs under control seems to have been lost in the process. they don't know

and if you like ostrich racing you would have loved the camel races that they had later on. >> kind of looks disturbing to see those guys. >> it does not seem right, does it? >> no. sea birds right there. sea birds right there. i will be here all week. >> all right. how much longer will the warm weather last? >> how much more do we have to put up with that. here is vytas reid with the seven-day forecast. >> here is what's going on. thunderstorms rocking across the bay. folks down there in easton getting pretty good thunderstorms and lightning and gusty winds. overnight tonight threat for scattered showers and thunderstorms probably after about 1:00. 92 the high tomorrow. we can see another heat advisory possible. showers and thunderstorms popping up through the afternoon. 86 on wednesday. the relief starts to move in. we get better temperatures on thursday. high of 83. and still some remaining showers possible. 85 on friday. sun and clouds. and then on saturday, sunday, monday, looking at temperatures leveling out in the mid to upper 80s. probably a chance for a stray shower saturday a

they had marketing skills that could give you to switch from camel to fillmores, but they took on othermer products -- no problem, they thought it would be able to do it. of course, it was a disaster. they cannot sell chewing gum or shaving cream. my dear, what about yours? >> mine is a high and low. i am taking both. levi johnston, a great looking kid, interesting to watch. he needs to zip it. it looks like my high-school boyfriend. i have no problem with that. the stop talking about sarah palin. >> my is -- minus the loan. the passengers on their plan strapped for nine hours. this is an abomination. we need a passenger's bill of rights. we needed now. >> we were about people who are kidnapped, essentially, a corporation kidnapping these people. we will let you go now. our show is over. no kidnapping. we'll be will come out next week for more of "white house chronicle." until then, all the best and watch what airplane you're right in. cheers. ♪ >> "white house chronicle" is produced in collaboration with whut howard university television. from washington, d.c., this has been "white hou

they also had camel races. reportedly, there was no wagering on the ostrich races.good thing. and there is your winner. that's sports. >> what do you do for a living? race ostriches. do you have a business card for that? >> yeah. check this story. country stars brooks and dunn are calling it quits after nearly 20 years as a duo? ♪ >> yeah, in a statement on their website they say that their 2010 tour will be their goodbye to their fans. they said that the split is a mutual decision, and it's just time. the duo had 20 number-one hits since their 1991 debut. >>> the pentagon won'ting forced to buy four new jets to fly senior government officials around. house leaders dropped the plan to add $330 million to the air force budge he, even though the pentagon didn't ask for it. robert gates said they're a waste of money. democratic representative john murtha had said they're needed because the older ones have expensive maintenance issues. . >>> someone was given a free washer and dryer all because of a free cup of coffee at this coffee shop. >>> good morning. how does tues

. >> if anyone has not had their camel rides, the camel rides will be with us until labor day and we also have available slots still available in our summer camp programs as well. >> we will put the information up one more time. reservations are required for this. it is august 15, 8:00 a.m. to 10:00 a.m. and the information at the bottom of the screen, this information will be on our website weekend morning addition. >> we should e-mail her and let her know we will be there. >> and colonel is not on the menu, but he will be there. >> he is on the guest list, not the menu. >> i didn't realize how many of those worms are running around the table. very nice, colonel. breakfast of champions. >> thanks for coming and whipping us in shape. >> thank you. colonel, thank you. and stick with us, we'll be >>> nice day today, 80s through the weekend. >> that's our reported for this saturday morning. >> i'm tim williams, thank you for joining us. join us for eyewitness news at

the people who hit us are sleeping under a camel at night.they are being funded by state sponsors who are hiding their involvement. it is not like japan flying in with planes with the japanese flag on it. taking out the occasional terrorist camp, where as george bush said, i am not just going to issue of a missile to hit the rear end of a camel. you really do have to remake the middle east in some ways. that does not mean we have to go into country after country, but wow, iraq was a good start. [applause] very aggressive right wingers there, but they are well dressed. it is a well-dressed, of britain's. -- a well-dressed mob of britons. >> i am wondering if you would shed some light on the issue. >> the perfect illustration of my book, where the powerful people are attacking the white working class, and acting like he is oppressing them somehow. what disturbs me about it, even now, the beer summit, and the media completely forgets about it. they would not have forgotten about it if they had been able to find one black mark against sergeant ra

save a camel. >>> good morning. welcome to "the call." am trish regan. 90 minutes in to trading here at the new york stock exchange, a down day overall with the dow off now 83 points on the heels of that ism number. we'll talk about that. plus, just exactly what is the retail play? ahead of the back it school shopping season. we will discuss. good morning, larry. >> i'm larry kudlow. looks like the senate will extend the cash for on clunkers program. we'll talk live with the head of the national automobile dealers association. we can guess he's happy and guess what? i am now in favor of cash if clunkers. i've changed my view. >> it's going to be a crazy show. the head of toyota usa jim lentz will join us live. the company announcing it will build and affordable sports car within the nest couple of years. this is "the call" on cnbc. >>> stocks moving low other some weaker than expected economic data. job losses in the private sector fell in july. and ism nonmanufacturing index came in weak than expected. all that weighing on the market. th

do you think that is enough to get the camel paws nose under the tent? >> for some, it will be ok. at this point, there is no turning back. they need to come up with some sort of health care reform that passes. the most important thing right now is for them to sit back and regroup and figure out a legislative strategy for when congress comes back. they went into the recess with no strategy. neil: there is no guarantee that they are going to be moving like gangbusters. i know how this goes. once you start moving things, the next thing you know, you are ordering eight connollyannolis. >> if they make another miscalculation here, potentially, it is completely all over in terms of getting some bill. do you still go for some bipartisan compromise? neil: thank you very much. speaking of money and commitment, we're getting the long-term deficit forecast for the white house, and -- estimating that the 10-year budget forecast is going to be $9 trillion. keep in mind, you have these huge swings. look how much this have moved -- this has moved in that amount of time. nevertheless, the adminis

central system, and then he gives him the propofol and that is the kind of the straw that breaks the camel's back. it is multiple drugs. >> tonight, michael jackson's death ruled homicide. where are the charges? we're taking your calls live. very quickly to tonight's safety tip. it's peak hurricane season. here are your tips for your family. if you're asked to evacuate, leave immediately. secure the home. especially protecting crucial areas where wind can enter, roofs, windows, doors. even the garage. don't forget that. if you have a disaster supply kit ready, make sure you have a battery operated radio. a first aid kit. food and water for at least three days. cash. extra clothing and toiletries. keep important documents protected. fill up your cars with gas and create a family disaster plan. know the safest area in your home to ride out the storm if you must stay there. finally, check your insurance coverage. most plans do not cover flood damage. for info, go to the national hurricane center at nhc.noaa.gov. >>> it was around 9:00 p.m. when kristi cornwell started her evening walk starting

kosinski says the propofol was the straw that broke the camel's back. >> for propofol, there is no excuse. that is not the type of drug that should be administered outside the hospital setting. it's much too dangerous. >> reporter: while police are trying to keep a tight reign on the investigation, legal documents show they are focusing on building a manslaughter case against dr. murray. in los angeles, manuel gallegus, wjz eyewitness news. >> you'll recall that several investigators had raided the home of dr. murray, as well as the pharmacy they believe he used to obtain the drugs. >>> it only took a day. but now, three are charged with selling the drug salvia. >> it was banned in the resort town on august 3rd. august 4th, the charges were filed. the three merchants were charged with having some pacts of the her -- packets of the herbs for sale that day. now, one merchant says they should have been given more time to get rid of their salvia before cracking down. salvia can give users an out-of- body sense of traveling through space and time. sally, back to you. >> the charge carries pena

that is the straw that broke the camel's back. this is bigger than the health care thing.e are trying to decide what role does government have in our lives? where should this government stop. we have a constitution. it is a contract between the states, the citizens, and the federal government. the federal government has decided to break that contract. sean: you are not part of any organized group. you are not part of a mob. you are obviously passionate. you obviously had the crowd with you. one of the main reasons he wanted to be there is because the congressmen had used the term brownshirts to describe the people showing up at town halls. >> i confronted him on that. i do not think it is acceptable that he is comparing us to not cease. -- nazis. he has compared us to timothy mcveigh. if you want to call us not seas, let's look at national socialism -- us nazis, let's look at national socialism. it is very much what we see in this administration. it is the same economic and political policy. if they want to talk about nazis, they may find that the swastika is on their own

. >> the camel.n we did a full hour with charlie rose and then it was over to jimmy fallon late night. so you were on tv for 18 of 24 hours yesterday. here's joe walking out, a great interview, jimmy fallon pretended he had read your book. you immediately called him on it which was great. and then jimmy fallon said, hey, i hear you're a bit of a musician. fallon whips out a guitar from behind your chair and watch joe jam with the house band. here it is. >> can you guys help me out over he here? >> we'll follow you. >> play loud. drown me out. ♪ romeo's recipe was ready to kill ♪ ♪ jumped out a window because he couldn't sit still ♪ ♪ waiting with a safety net ♪ have not said yes ♪ why don't you tell me ♪ ♪ i'm not satisfied ♪ well, i remember when the lights went out ♪ ♪ i was trying to make it look like it was ever in doubt ♪ ♪ she thought that i knew and i thought that she knew ♪ ♪ we didn't know what we were doing ♪ >> that's just cold, too. someone hands you a guitar. joe is cool and now the worl

so it leads to a lot of suspicion, and i think warrants a suspicion that the public option is the camel'so get it started on the road inevitably to a government-run system. bret: after the panel last night, we received hundreds and hundreds of e-mails about people upset that mort, you compared them to code pink, causing a stir. charles, you said that it's not good strategy. i mean, tons antons of e-mails, and then this afternoon, rush limbaugh responded to mort who said rush was stirring this up. take a listen to this. >> >> i am not encouraging all of this, and the only uncivility that has happened occurred after obama dispatched the seiu to places like melville outside st. louis and other places, so these people get it in their template that i'm causing this and that the republicans are going to blow it. let's be polite. let's not make them think that we are what they lie about us being all the time. let's be civil and let's be quiet. that's how we got the stimulus bill. bret: mort. >> i call that disparagement of civility what he was just doing. listen, i quote rush him baw on previous

. >> this was the camels and i felt guilty. they are consistent. >> i hunted deer and they had it coming. the second amendment is the best of the 10 for the record. >> best buy, fantastic trade. a well-reasoned peace and it will be at the bottom end and the top end by amazon. i thought wow, here's the first guy to recognize they will benefit from circuit city. smart, smart peace. i agree it should be down a couple. goldman sachs said stick with it and it opened up. i have to tell you, i visited the casino this weekend and maybe the most single depressing trip i have take nen my life. not only was it empty, but it's in this area where there hasn't been a job created and a giant steel mill and only slots. >> do they matter to the companies?s? >> the las vegas sands? they spent a lot of money. they need to have a hotel. i have to tell you, this was one of the most depressing things. i was doing it and it closed at the end of the day. if that is representative of the expansion plans, i want to sell it. even though my friend said it

fox news has demonstrated by interviewing the likes of barney frank that the public option is the camel's nose in the tint. this is how they plan to drive out all private options in the market. obama compared the public option to like the post office, which, a, we don't think of as being particularly efficient. he was trying to make the point that you still have fedex and u.p.s. competing with the post office, but what you don't know is that there is a law prohibiting competition with the post office. there are narrow exceptions carved out for fedex and u.p.s. i have links to that on my web page, the law, the federal law prohibiting competition with the post office. if that's from the horse's mouth the public option is going to be like the post office, so will there be a law prohibiting competition with the government's option? eric: the post office is $10 billion in debt this year. thats was a major flub on his part, i think, and he should never have compared his bill to a failing government-sponsored enterprise. >> i agree with that. part of the problem, eric, is because the idea of the

. >> the doctor says the an stettic was the straw that broke the camels back. >> there is no excuse. that is not the kind of drug that should be administered outside of a hospital setting. it's much too dangerous. >> while the police are trying to keep a tight reign on the jackson investigation, legal documents show they are focused on building a manslaughter case against dr. murray. manuel, cbs news, los angeles. >> the correct dosages are determined by a person's weight. now jackson was thin and reportedly exhausted after rehearsing for his summer comeback concerts. >>> this week marks the 46th anniversary of the march on washington. education secretary joins students and organizationers to build, or working to build a memorial to martin luther king jr. on the national mall. that effort has been stalled over a disagreement with the national park service on how to secure the site. the park service wants to install security barriers. organizers say that goes against king's legacy of inclusiveness. dr. king gave his famous, i have a dream speech on august 28 back in 1963. >>> an updat

the worls rst chocolate made from camel's milks about to go on sale in the u.s.n response, chocolate lovers said, "yay?" [ laughter ] disgusting. and more bad news in the economy. the recession'hitting england. 52 pubs are closing there every week. sad news, because they do love to drink over there. one of their top economists said, -- [ faking british accent ] "52 pubs closing a week, that's total of six months, four weeks per month, which is 24, so multiply that by 52, then carry e two, then add another -- oh, bollocks, i need a drink. this is ridiculous." [ laughter ] hey guys, some sad news, the chihuahua from the taco bell commercial diedesterday at the age of 15. [ audience aws ] the dog's final wos were "yo quiero morphine." [ laughter and applause ] and finally, sports reporter, erin andrews, you hear about this? she was sretly videotaped undressing in her hotel room and the video was posted online. that's awful. i mean, it's a terrible thing to do. and i think i speak forveryone when i say thank god thisidt happen to john madden. [ laughter ] ladies and

milk chocolate and to deliver said camel milk chocolate around the globe. >> what has happened whenups puts press releases out about that. >> we have had that, by the way, and it's very tasty. we have a guest host for the next hour. bill george, harvard business school management professor. former met tron anythironics. and "seven lessons for leading in crisis," new book. boy, we sure could have used those a couple of years ago if health care, one could say is in crisis right now. do you think this perform push is a train wreck. you have your own plan. >> i think the president made a big mistake, mark, focusing on politics instead of policy. he needed to provide a plan. he went the wrong way. we have a train wreck. this could bankrupt the medicare system. we need to get control over it. i think we need to provide catastrophic coverage for people. we need a major national wellness and prevention push so people take responsibility for their own health and have saek a. stake in the game. i would like to see more of that. i would like to see -- i favor the co-ops rather than the big nat

this was the straw that broke the camel's back. >> in the plans that have been discussed so far, the increase in taxation would occur only on families with incomes over $250,000. would that include you and your family? >> honestly, i'd rather not say. i don't even know. my husband takes care of the bills and everything. you know, he takes care of us and that's all that matters. >> do you have health -- does your family have health insurance? >> yeah, we do have health insurance. we have a health savings account that we pay for ourselves. we have a 5,000 plus dollar deductible that basically in the course of a normal year, we will pay for all of our medical needs out of pocket, doctors' visits. this year's been a little more difficult because my son has had surgery and it looks like we're looking at a second one. we're almost at our deductible. but that was a choice we made. that's what we wanted to do. i want to be able to keep that choice. i don't want to be forced or slowly coaxed into a single pair system. i want to have my choice. >> well, do you believe the president when he say

happen and car workers make $600 an hour or so i'm told, and you know, they get laid off every time a camel fartk at an opec meeting and it is not like they are getting the pay and i think to understand what damned the american automobile, we have to give up on economics and we have to turn to melodrama, see, politicians, journalists, financial analysts, all the other purveyors of the banal have been looking at cars as if a convertible were a business. fire the mbas and hire a poet. the fate of detroit is not a matter of financial crisis, of foreign competition, of corporate greed, union entrance gens, energy -- intransigence or energy costs, the footprint of the carbon, it is a tragic romance, about unleashed passions, titanic clashes, lost love, and wild horses. especially wild horses. because you cannot understand the automobile unless you understand horses. hundred years ago, rudd year kipling wrote a poem called the ballad of the king's jest and he has this afternoon tribes man, up to state, he was ahead of the curve on the current events poetry subjects, an afghan tribes man says, fou

but i think this might be the straw that breaks the camel's back. he's certainly shown a lot of resiliency and mr. lewis has stuck it out overt time that he's been with bank of america. but when you compare this fine and really the misleading nature of the acquisition of merrill lynch, particularly with bonuses, which were such a hot topic issue, with respect to the bailouts and the financial assistance, this could really be the event that makes mr. lewis have to go. >> also, as a former s.e.c. official we have been making a lot of fun today over the way the announcements were made. 12:30 the s.e.c. says that they are charging b of a and then lo and behold at 1:07 a settlement is announced and then at 1:17 they talk about the new people coming on board to turn around the country. are we right or wrong to be suspicious of all this timing? >> i think the timing is suspicious. this was obviously a well-orchestrated plan. settlements with the s.e.c. don't get done in an hour. so certainly the company was aware that there was going to be a settlement. by

fair to them in the eyes of washington, d.c., we you know strain at a lot of gnats while we swallow camels. that's what happens here, because people don't understand the impact of certain assumptions and one of them is this. i say that because the difference in what we spend in canada does is about $800 billion a year in today's dollars. or well over four times what it would cost to provide health insurance to every man, woman and child in america without insurance. and mckensy and company did two studies on this, one updated last year. that actually breakdown where the cost differentials are and what the likely consequences on quality. but it really doesn't go to the heart of cultural/behavior systems that produce problems like the childhood obesity problem. if you just look at this, $147 billion is roughly 20% of the differential. and if we could get rid of it, it's more than what we need to cover everybody. it's just something that you should all think about. the most important thing is to save the kids' lives and give them a future. but it's important to see it in the context of the de

the people who hit us are sleeping under a camel at night.hey are being funded by state sponsors who are hiding their involvement. it is not like japan flying in with planes with the japanese flag on it. taking out the occasional terrorist camp, where as george bush said, i am not just going to issue of a missile to hit the rear end of a camel. you really do have to remake the middle east in some ways. that does not mean we have to go into country after country, but wow, iraq was a good start. [applause] very aggressive right wingers there, but they are well dressed. it is a well-dressed, of britain's. -- a well-dressed mob of britons. >> i am wondering if you would shed some light on the issue. >> the perfect illustration of my book, where the powerful people are attacking the white working class, and acting like he is oppressing them somehow. what disturbs me about it, even now, the beer summit, and the media completely forgets about it. they would not have forgotten about it if they had been able to find one black mark against sergeant ral

. >> well, i think that's one level that breaks the camel's back. and i think you have to be more alert to that. there's no magic number in which your counter parties will no longer let you play this game. >> okay. let's get out to our market task force joining thus morning. we've got kevin keran, nick clause and robert brusca of fact and opinion economics. gentlemen, thank you very much for joining us. kevin fwhb two, let me get to you first of all. it looks as if it's going to be a fairly flat start to the trait trading day. what do you think will drive markets today? >> sure. i think we're going to see a little bit of data in terms of home sales and durable goods. that is -- you know, this morning will be the data point that drives markets. but beyond that, what we've seen is an improvement. i agree with what kevin has been talking about, an improvement overall in the market. so we're now getting to the point where there is a bit of a -- there is a bit of a concern about the forward-looking earnings projection. and when we do the math over the ne

joe, i happen to agree with the blue dogs and their fear is and this is legitimate, this the cam camel'shis government option of the and dr. dean almost said as much, we want to get the co-opens on the senate bill and stick the government option in there and ram it through both housewise 50% of the vote. this is an ideologue cal war. i understand why the blue dogs are fighting this. i agree with them and agree with the republicans on that issue. >> what about if they were to roll over to republicans and go forward. what kind of implication would that have? >> pat? >> excuse me, if who goes forward? >> if the republicans went for it -- >> went for the government option. >> i'm talking about harry reid. >> republicans sign on to this bill, they will forfeit the chance they have to get all of those folks who are coming out and folks coming out by and large may be angry, upset on both sides, by and large, they are against it. they don't want it. the people against national health care have at least won the argument with the crowds. i think winning the argument in the country, if you look at

i know more about camel racing than i do about professional american football, but i know who the steelerse. >> the fact that you told them they were the black shirt right wing and that they were assigned numbers. >> the roethlisberger crowd are the bad ones. >> this has been a lot of fun. i appreciate all of you coming out. it has been a great two days. [applause] i would just leave you with one last piece of advice. i heard the freshman congressman from utah talk about how he eventually be a republican if you beat a republican and won the primary. he said he did not have the money or all the organization the incumbent had, but what he had was a network of people like you who he relied on to lead comments on news articles, to get the message out among their friends on facebook and twitter and use new media to his advantage. setting up a google group, were you can have a conversation. little things like this that you can do. i hope you do these things when you leave here today. start building this network of your own. the fact that you are in this room shows your dedication. i encourage yo

this is a camel's nose under the tent. the government option. if you think that is going to work, i believe we should at least examine what they do in other countries. you see a number of organizations like the ama and others who are "signed on" -- which is by the way remarkable. in england, they have the national institute for health and clinical education. they have blocked breast cancer patients of getting drugs. they have block innovative treatments. they have prevented the treatment for patients suffering from alzheimer's. that is what they do there. a obviously, we do not want that in our country. i want to mention to you two things. one is the mayo clinic. the mayo clinic said the proposed legislation misses the opportunity to create higher quality more affordable health care for patients. in fact, it will do the opposite. they went on to say, unless legislators create payment systems that create good patient results at a reasonable cost, the promise of transformation on american health care will wither. their real

the people who hit us are sleeping under a camel at night.ke japan flying in with planes with the japanese flag on it. taking out the occasional terrorist camp, where as george bush said, i am not just going to issue of a missile to hit the rear end of a camel. you really do have to remake the middle east in some ways. that does not mean we have to go into country after country, but wow, iraq was a good start. [applause] very aggressive right wingers there, but they are well dressed. it is a well-dressed, of britain's. -- a well-dressed mob of britons. >> i am wondering if you would shed some light on the issue. >> the perfect illustration of my book, where the powerful people are attacking the white working class, and acting like he is oppressing them somehow. what disturbs me about it, even now, the beer summit, and the media completely forgets about it. they would not have forgotten about it if they had been able to find one black mark against sergeant rally. -- sergeant crowley. he was like the cop chosen by god. how many cops in america

signs and with $1 billion of meat, why is the aussie government conducting air strikes to slaughter camelsthat is our show and is it it starts notice. >> harry reid saying that the senate will be passing the cash for clunkers bill. that is something that most people expected, but none the less the headline is they will get a couple billion for cash for clunkers. more on that trade coming up in a couple of moments. a surprising angle and let's get to the trading floors with the markets which were up and turned down in the past few minutes. the trading floors, we have bob dasani and rick santelli at the nasdaq. good to have all three of you with us. speaking of the economy and where we stand, the ph.d. called this recession earlier than anyone else. where does he see us now? >> he sees things improving that and that's a good point. they are having an analyst meeting over at