chris cook welcome back to the kaiser report always a pleasure all right chris cook i noticed you got a letter and today's financial times you speak of the next regulatory catastrophe that's just about to happen explain. well i've been saying for some time to the very small caps equities commodities. correlated bubbles so they move in unison together and this is being inflated this bubble has been inflated by the new breed of instrument which banks have been busily selling to so-called inflation the edges. risk averse invest this mentioned this before all of this money this tidal wave of money has been going into the various markets. all good things come to an end you know bubbles will always be flight and what i was pointing out in the in the after the f.t. today was the this is these instruments are good for the banks and the reason that they're good for the banks is that banks own to putting their capital at risk the investor is the taking the market risk ok chris let me jump in here you're talking of course about e.t.f. or exchange traded funds this is a relatively new instrument

your i see here chris we prefer chris cook former director of international trolling of change on the line from jamaica very nice or over the internet line wasn't quite so good but nice place to live thank you sir. ok let's catch up the business now it to me to move and has got the update for you it's not exactly twenty one minutes past eleven. but here is thanks kevin we're seeing a very successful day on the markets the days of full fledged rally actually on the markets that's on the back of the latest moves from ben bernanke has agreed he agreed to go ahead and launch a new wave of quarter to easing more stimulus buying up basically not just bonds but all around shares on the market in other financial instruments and that's something investors have been waiting for for quite a while it's been months in the making but as we've seen a batch of negative stats coming out of the past half a year this is exactly what the fed agreed to do well let's now hear from stephen jacobson sacks of. short term of course what happens fundamentally here is staged you make money cheaper and as such yo

joining us live at this great location along with convention host governor bev purdue and chris matthews, charlie cookperin, jonathan capehart and michael steele. all that next right here, "andrea mitchell reports." this country was built by working people. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ i don't have to use gas. i am probably going to the gas station about once a month. drive around town all the time doing errands and never ever have to fill up gas in the city. i very rarely put gas in my chevy volt. last time i was at a gas station was about...i would say... two months ago. the last time i went to the gas station must have been about three months ago. i go to the gas station such a small amount that i forget h

cooking. >> serving it up, chris orndorff with western assets. >> susie: and looking ahead. from the n.y.s.e. to the c.m.e., it's politics in the pits. what are the critical issues for traders when it comes to the presidential election. and we'll talk to the ceo of joy global and get the business outlook for this mining equipment maker. >> tom: we are all guilty of wasting time. but in a slow economy with few job openings, most can't afford to waste time. bob pozen knows. he's taught at harvard, run a global financial firm while serving on a presidential social security commission. his new book is entitled "extreme productivity." washington bureau chief darren gersh spoke with him. >> tom: when i saw the title of your book, extreme productivity, i'm tweeting and facebooking and writing, and doing everything i can. the extreme productivity sounds like i have to be superman to be extremely productive. do you have to be supermab to do this? >> no, the book is very practical. it contains take aways. it's doable for the normal person, and a guide how to become more productive, an

it's very delicate, so you want to use less heat and you also want to cook it fairly quickly. >> yeah, that's exactly right, chris. >> all right, so it's been 30 minutes that our shrimp have been marinating, and of course, we have everything prepped and ready to rock. this is a tablespoon of vegetable oil and we put it in this 12 inch nonstick skillet. nonstick is pretty important because you don't want the stir fry to stick, you want it to stir and fry. >> well, it has a lot of sugar in it, so a regular skillet will caramelize it and get sticky. >> that's right. and it... so it'll start to burn. >> right. >> the other thing is the size really matters of the skillet, because you want enough surface area for things to hit the bottom of the pan and actually brown. >> smoking. >> we're smoking, and that's what you look for-- the wisps of smoke before you start cooking. so now we're going to add the vegetables. here's the pepper i just cut up and a half a pound of snow peas. i want to cook them until they get spotty brown, which only takes about a minute and a half or so. and you want to keep these vegetables... you

chris how to make the ultimate greek shrimp with feta. that's all right here on america's test kitchen. >> america's test kitchen is brought to you by dcs by fisher and paykel. america's cooks rely on innovation and culinary precision. dcs by fisher and paykel, offering premium indoor and outdoor kitchen appliances. robert mondavi understood that sharing good food and wine with family and friends is one of life's true pleasures. woodbridge by robert mondavi, because he believed every table deserves the joy of great wine. >> and by diamond crystal salt, the gourmet choice. culinary education at salt101.com. by cooking.com, an online retailer for the kitchen enthusiast. if it's not in your kitchen, try ours. sunsweet, natural dried fruits and juices to help live a healthier life. from our hands to your table.

cook. good morning. >> reporter: good morning. great baseball weather. nice and chris being. best of luck to the orioles. if you are using 695, no problems to report on the west side. it's nice and clear from 795 all the way down to a 95. and if you are using the jfx to get into the city no delays heading downtown. those of you using 95, as we check in and look live here at the fort mchenry tunnel, toll plaza not much activity. overall great drive and harbor tunnel going to be free of delays. megan over to you. >>> open enrollment will be here before you know it. we will show you the latest health care ratings to help you choose the best provider for you and your family. >> reporter: still the big et story in baltimore, -- biggest story in baltimore, the orioles in the home streach week fromnow. we could be talking about playoffs. a live report and fan reaction -- stretch a week from now. p >>> thanks for joining us. keep the orange out a little bit longer. the orioles not done yet with the 2012 major league baseball season. baltimore now in the homestretch of an improper pla

chris davis hauling around nate mclouth. the yankees beat the red sox. curtis granderson off aaron cook. 1-0, yankees. two batters later.h a man on. robinson cano. this guy one of the best players on the planet hits home run number 30. 5-4, the yankees hang on. they are tied with the orioles orlse play at 12:30 this afternoon. ravens play the eagles sunday in philadelphia. they look for their second win in a row. is ray lewis really in his 17th year? ray lewis is 37 playing like he's 20. 14 monday against the bengals. he'll have his hands full this week. he will try to stop michael vick from both throwing and running. only the second time ever the ravens play in philly. manny machado. 20 years old. brooks robinson. >> beautiful. >> great. >> thank you. >> coming up in the next hour, president obama is vowing justice for the killings of four americans in the middle east. the latest on america's response in a live report from washington at 6:05. >> officials say a group of airport workers filled more than 100,000 liquor bottles. >> what do legos, transformers and g.i. joe's all have in common? >> i had them all when i was

elizabeth cook cbs 5 >>> he serves as police chief and the largest bay area city with the san jose police chief will be handing in his badge, chris mohr a 30 year veteran of the time he retires in january he will be chief for only two years, reporter kiet do and how much his retirement will cost the city. >>> chris mohr says never a good time but today the right time >>> 30 years a good benchmark for me 30 years in this profession it is a good long solid career. a happy day for me and my family >>> chief more work 80-90 hours a week and got emotional looking at his career >>> a could not be happier, could not be happier it was here >>> and by the time they took iran's the city deal with budget cuts he laid off 65 police officers cut the pay of the rest by 10% 100 more officers either retired or when to other departments. >>> i'm not sure a lot will happen it will be difficult and i get that for me in my family 30 years is it a good time >>> he downplayed speculation he was pushed out or leaving before the city could reduce his $100,000 annual pension and to $1,000 in sick time >>> i completely respect his decision and the decisio

chris made progress in debt and rich today, restoring power -- crews made progress in baton rouge today. the end of an era in pikesville. why all local institution closed doors. cooking up a record. how much went into the world's how much went into the world's want to start the day with something heart healthy and delicious? you're a talking bee... honey t cheerios has whole grain oats that can help lower cholesterol. and it tastes good? sure does! right... ♪ wow. delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? be happy. be healthy. >> it has been a mainstay for 120 years, but today was the final day of business for field of pharmacy. since 1892, fields has sold anything from cards to cosmetics and really go to lunch. owners decided to close. fields thanked its customers. there is only a few days left to check out they 131st annual maryland state fair. after a slow first weekend, officials hope to make up with a big crowds this labor day weekend. there is something for everyone at from food, to the carnival midway. the fair is open until 10:00 p.m. on labor day. >> 1, 2, 3. >> that is a really big

chris stevens. >>> apple shares bouncing around after ceo tim cook unveiled the iphone 5.ghter, features a bigger screen and made entirely of glass and aluminum. in the last hour of squawk, we spoke to brian marshal of isi group and asked him about the user experience. >> the actual product came in very similar to what we're expecting. when i touched the iphone 5, had it in my hands and got to play around with it, i was blown away. once you get it in your hands you'll feel much different than your iphone 4s and that will drive a lot of upgrade. >>> after a volatile day the stock riding in pre market trading. at 7:40 eastern we'll hear from jay elliot, the author of "the steve jobs way: i leadership for a new generation". >>> when we come back, phil purcell will join us for the remainder of the show as our guest host. that plus much more on the markets and what's going on in the middle east when we return. >>> it is faster, lighter, thinner, it is 70% of apple's gross revenue. >> what can they come up with next? >> 2013 i think will be the year of the ipad. >> you say apple

cook's job to mold them into cops. these 45 men and women beat out roughly 2,000 other applicants who wanted to wear the san jose uniform. chief chris moore has said recruitment is not the problem. it's retention. >> we still won't be back up to authorized strength when they finish and hit the street middle of next year. >> reporter: the chief says the department needs 200 more officers to help keep the city safe. the other problem, moore says, dozens of frustrated officers already on the force are actively looking for work elsewhere, tired of the cut in pay, benefits and the low morale, not to mention even the chief is stepping aside in january. >> you spend a couple years here and you're not making what you could be making elsewhere. you're going to get snapped up and you're going to go someplace else. that's what the concern s. >> reporter: that makes it sergeant cook's problem. his job is to begin that molding process so these 45 men and women make it a career in san jose. >> it's no secret that we're poorly staffed right now and we desperately need more people on our police department and we're really excited to have these new

cooking school" all about apples. nothing says fall more than the smell of apples and spices baking in the oven. that's what savannah tells me. chrisbut what catches my attention right aftoff the bat, you found way to take 240 calories out of this and reduce the fat. >> and you just said, are you going to like it? you cook them down, they don't have as much flavor when they're baked. so people put a ton of sugar and fat, you don't taste the apples. we're going to thin this down, not to say calories, but to make it taste better. >> but the traditional apple crisp has that topping of brown sugar and butter. and that's what most people like. >> yeah, we have brown sugar and butter. >> what goes in here? >> we're going to make a flour, okay. is what this is. >> okay. >> we have oat flour, we add a little bit more oats to it. we add instead of nuts, we're adding grape nuts, which are crispy. >> as in grape nuts the cereal? >> has in grape nuts the cereal. a little brown sugar, a little flour, of course, cinnamon and salt. and finally, most recipes as you said use a lot of butter and use over a stick. this is 3 tablespoons. when you add

jennifer duffy from the cook report will take us through all of the important senate races on monday when we reconvene. democratic strategist chrisbody. see you back here again on monday.

representative chris van hollen will be one of the guests, along with jennifer duffy. she is an expert on senate and governor's races with the cookical report " -- report. and david wasserman, you also probably know well on the house side for the cook political report. john on the independent line from richmond, virginia. caller: i want to say that i've watched both the republican convention and yesterday, the democrat convention. you are seeing way too much, and circumstance from a lot of the speakers. they are trying to get slogan's going and stuff like that. it was very obvious last night with the democrat convention. but i do think michele obama's speech, even though when she purrs cavnar she actually seemed a little robotic to me, -- when she first came out she actually seemed a little robotic to me, but when she spoke it was obvious that she took a month to write that speech, basically. it was from the heart. i think it will resonate with the voters. i have one question for republicans, and mitt romney especially. if lowering taxes and deregulating businesses is supposed to lower debt, why do we not have a surplus right now

"n" line some current and former cook county sheriff's deputies are accusing tom dart's office of political discrimination. according to attorney chriser the complaint was filed this morning at the cook county office of inspector gerneral. it accuses the sheriff's office of upholding terminations and suspensions of employees who did not support or contribute to dart's 2006 or 2012 election campaigns. we are currently working on a response from sheriff dart's office. earlier this month, 21 cook county sheriffs employees are awarded one-point-six million dollars in a political discrimination lawsuit involving the dart administration. still to come this midday: the career of a detroit musican who gets a second shot at fame, thanks to fans from across the world, and a chicago connection. and live music this midday from the legendary allman brothers band drummer jaimoe and his new group the jaimoe's jasssz band! buying this juicer online was unbelievable. [ female announcer ] sometimes a good deal isn't such a good deal.wgn midday news